Generated by All in One SEO Pro v5.0.1.1, this is an llms-full.txt file, used by LLMs to index the site. # Unocoin Blog India's leading crypto assets and blockchain company ## Posts ### [How to Buy Crypto in India Step-by-Step Guide 2026](https://blog.unocoin.com/how-to-buy-crypto-india/) **Published:** June 16, 2026 **Author:** Unocoin Growth **Excerpt:** Learn how to buy crypto in India in just 5 steps. Buy Bitcoin, Ethereum & 150+ cryptocurrencies on Unocoin — India's oldest regulated crypto exchange. Start with ₹100. Updated 2026. **Content:** Key Takeaways — How to Buy Crypto in India ✔Buying crypto in India is 100% legal — regulated exchanges like Unocoin are registered with FIU-IND. ✔The entire process — sign up, KYC, deposit, buy — takes less than 30 minutes. ✔You can buy crypto in India with as little as ₹100 via UPI, NEFT, or IMPS. ✔Crypto profits are taxed at a flat 30% in India — keep all transaction records. ✔Unocoin supports 150+ cryptocurrencies and is India’s oldest crypto exchange (est. 2013). ✔Crypto SIP on Unocoin lets you automate investments — as low as ₹100 per week. **Buying crypto in India is a straightforward, fully legal process that can be completed in under 30 minutes.** To buy crypto in India, you need to: create an account on a regulated exchange like Unocoin, complete your KYC verification, deposit INR via UPI or NEFT, select the cryptocurrency you want, enter the amount, and confirm your purchase. Over the last few years, millions of Indians have started to **buy crypto in India** — attracted by its potential as a high-growth asset class and the ease of getting started with as little as ₹100. Whether you are looking to buy Bitcoin, Ethereum, or one of the 150+ altcoins available, this guide walks you through every step of the process — clearly, safely, and without any jargon. Furthermore, we cover everything else you need to know: which INR deposit method is fastest, how crypto is taxed in India, which coins are best for beginners, and how to keep your investment safe. Let us get started. ## Is It Legal to Buy Crypto in India? [![Crypto is legal to own and trade in India as of 2026 under FIU IND regulated exchanges](https://blog.unocoin.com/wp-content/uploads/2026/06/2026-1.png "Crypto is legal to own and trade in India as of 2026 under FIUIND regulated exchanges | Unocoin Blog")](https://blog.unocoin.com/how-to-buy-crypto-india/2026-1/)Crypto is legal to own and trade in India as of 2026 under FIU IND regulated exchanges**Yes, it is completely legal to buy crypto in India as of 2026.** The Indian government has established a clear regulatory framework through the Ministry of Finance and the Financial Intelligence Unit — India (FIU-IND). Rather than banning cryptocurrency, the Indian government has chosen to **regulate it**. Under this framework, all crypto exchanges operating in India are required to register with FIU-IND, comply with KYC and AML norms, and report suspicious transactions. As a result, buying crypto in India through a registered exchange is both legal and secure. Unocoin is a registered, FIU-IND compliant exchange — and has been operating legally in India since 2013. Consequently, every trade made on Unocoin is conducted within the full bounds of Indian law. ⚠️ **Tax Note:** Crypto profits in India are taxed at a flat **30% rate,** Additionally, a **1% TDS** is deducted on transactions. Consult a CA before investing. Full details: [Crypto Tax Guide India 2026 →](https://blog.unocoin.com/crypto-tax-india/) ## What Do You Need Before You Buy Crypto in India? Before you proceed to the step-by-step buying guide, make sure you have everything ready. Fortunately, the requirements are minimal — and most Indians already have all of them: •A smartphone or computer — Unocoin works on iOS, Android, and web browser •A valid email address — for account registration and transaction alerts •Your PAN card — mandatory for KYC under Indian tax regulations •Your Aadhaar card — required for identity verification and KYC compliance •A bank account — linked for INR deposits via UPI, NEFT, or IMPS •₹100 minimum — that is all you need to make your first crypto purchase on Unocoin **You are ready if:** You have a PAN card, Aadhaar, a bank account, and an email address. That is genuinely all that is needed to buy crypto in India on Unocoin. ## How to Buy Crypto in India — 7 Simple Steps on Unocoin Follow these seven steps to buy crypto in India on Unocoin. Each step is straightforward and should take only a few minutes. In total, the process typically takes **under ~25 minutes** from start to your first crypto holding. **Total Time:** Under ~25 minutes from sign-up to your first crypto purchase — assuming your KYC documents are ready. 1 Create Your Unocoin Account ⏱ ~3 minutes The first step to buying crypto in India is to create your free account on Unocoin. Visit [unocoin.com](https://unocoin.com) or download the Unocoin app from the App Store or Google Play. Click **‘Sign Up’**, enter your email address and mobile number, set a strong password, and verify your email by clicking the link sent to your inbox. [![Screenshot of the Unocoin sign up page at unocoincom showing the registration form with email mobile number and password fields to create an account and buy crypto in India](https://blog.unocoin.com/wp-content/uploads/2026/06/Unocoin-sign-up.jpg "Unocoin sign up Page | Unocoin Blog")](https://unocoin.com/in/home?type=login)The Unocoin sign up page registration takes under 3 minutes 💡 **Tip:** Use a strong password. Do not reuse a password from another site. Download the Unocoin mobile app for a smoother experience — available on both iOS and Android 2 Complete Your KYC Verification ⏱ ~10 minutes KYC (Know Your Customer) is mandatory for all regulated crypto exchanges in India — it is a legal requirement under PMLA. After signing up, you will be prompted to complete your KYC. This involves submitting your **PAN card number**, your **Aadhaar number** (linked to your mobile), a **selfie** for liveness verification, and your **bank account details** for INR withdrawals. Once submitted, KYC is typically approved within a few hours. ![Screenshot of the Unocoin KYC verification screen where users upload their PAN card and Aadhaar card to complete identity verification before buying cryptocurrency in India](https://blog.unocoin.com/wp-content/uploads/2026/06/KYC.png "unocoinkycverificationscreenshotjpg | Unocoin Blog")The Unocoin KYC screen submit PAN and Aadhaar to get verified 💡 **Tip:** Make sure your Aadhaar is linked to your mobile number — OTP verification will be sent during KYC. Verification usually takes 2–4 hours. 3 Deposit INR into Your Unocoin Wallet ⏱ ~5 minutes Once your KYC is approved, navigate to the **‘Funds’** or **‘Deposit’** section on Unocoin and choose your preferred INR deposit method — UPI (instant, free), NEFT, or IMPS. Enter the amount you wish to deposit (minimum ₹100), follow the payment instructions, and your wallet will be credited within minutes via UPI or IMPS. ![Screenshot of the Unocoin deposit screen showing UPI payment option selected with the amount field and bank transfer details to add Indian Rupees to a Unocoin wallet](https://blog.unocoin.com/wp-content/uploads/2026/06/Deposit.jpg "unocoindepositinrscreenshotjpg | Unocoin Blog")The Unocoin deposit screen fund your account via RTGS NEFT ### INR Deposit Methods on Unocoin — Comparison Table: Deposit MethodSpeedLimitFeeRecommended?Notes**NEFT (Net Banking)**30 min – 4 hrs₹1000 – 1.5 CRFree✅ GoodBank working hours**IMPS (Net Banking)**Instant₹1000 – ₹5,00,000Free✅ Good24/7 incl. holidays**RTGS**30 min – 2 hrs₹1000 – 1.5 CRFree⚠️ High value onlyBank working hours **Note:** UPI is coming soon as a deposit method in Unocoin for most Indians buying crypto — instant, free, works 24/7, supported by PhonePe, Google Pay, Paytm, and BHIM. 4 Choose the Cryptocurrency You Want to Buy ⏱ ~2 minutes With funds in your Unocoin wallet, navigate to the **‘Buy / Sell’** or **‘Markets’** section. You will see a list of all 150+ cryptocurrencies available — each showing the live INR price, 24-hour change, and market cap. Select the cryptocurrency you want to buy. If you are a first-time buyer, **Bitcoin (BTC)** or **Ethereum (ETH)** are widely recommended starting points. ![Screenshot of the Unocoin markets page showing a list of cryptocurrencies available to buy in India including Bitcoin Ethereum and altcoins with live INR prices](https://blog.unocoin.com/wp-content/uploads/2026/06/Choose-from.png "unocoinbuybitcoinselectcryptoscreenshotjpg | Unocoin Blog")The Unocoin markets page 150+ cryptos available to buy in India ### Which Crypto Should You Buy in India? — Beginner’s Comparison Choosing the right cryptocurrency can feel overwhelming at first. However, for most Indian beginners, it helps to compare the most popular options side by side: CryptoPrice (INR approx.)Use CaseVolatilityBest ForBeginner Rating**Bitcoin (BTC)**₹67,00,000+Store of value, digital goldHighLong-term hold, SIP ideal★★★★★**Ethereum (ETH)**₹2,50,000+Smart contracts, DeFiHighTech exposure, long-term★★★★★**XRP (Ripple)**₹45 – ₹55Cross-border paymentsMediumPayments & remittance★★★★**Solana (SOL)**₹12,000+Fast transactions, NFTsHighHigh risk, high reward★★★★**USDT (Tether)**₹83 – ₹85Stable, INR-peggedVery LowSafe holding, avoid losses★★★**Litecoin (LTC)**₹6,500+Faster Bitcoin alternativeMediumBeginners, low entry★★★ **Beginner Advice:** Start with Bitcoin or Ethereum. Both have long track records, deep liquidity, and are the most widely accepted cryptocurrencies in India. Once comfortable, you can explore altcoins. 5 Enter the Amount You Want to Invest ⏱ ~1 minute After selecting your cryptocurrency, you will arrive at the trade screen. Enter either the **INR amount** you want to spend or the **crypto quantity** you want to buy — the platform automatically converts between the two in real time. The minimum investment on Unocoin is **₹100**. The platform fee (typically 0.7% flat) is shown transparently before you confirm. ![Screenshot of the Unocoin trade screen showing the INR amount field where a user is entering ₹500 to buy Bitcoin in India with the equivalent BTC amount shown in real time](https://blog.unocoin.com/wp-content/uploads/2026/06/Enter-amt.png "unocoinbuycryptoamountscreenshotjpg | Unocoin Blog")Entering your trade amount INR to BTC **Tip:** You do not need to buy a whole Bitcoin — ₹500 currently buys approximately 0.00008 BTC on Unocoin which offers premium rates for the purchases. 6 Review and Confirm Your Purchase ⏱ ~1 minute Before your crypto purchase is processed, an order confirmation screen is displayed. It shows: the crypto you are buying, the INR amount, the equivalent crypto quantity. Review these details carefully, then tap **‘Confirm’** Your crypto is credited to your Unocoin wallet instantly. 7 Enable Two-Factor Authentication (2FA) ⏱ ~3 minutes This step is critically important and is often overlooked by new buyers. Once your first purchase is complete, immediately enable **two-factor authentication (2FA)** on your Unocoin account. Go to **Settings → Security → Enable 2FA**. Download Google Authenticator or Authy, scan the QR code shown on Unocoin, and enter the 6-digit code to confirm. From that point onwards, every login requires both your password and the 2FA code. ![Screenshot of the Unocoin two factor authentication setup screen showing the Google Authenticator QR code and instructions to secure a Unocoin crypto trading account in India](https://blog.unocoin.com/wp-content/uploads/2026/06/Secure-ur-crypto.png "unocoin2fasetupscreenshotjpg | Unocoin Blog")Setting up 2FA on Unocoin do this immediately after your first purchase Your crypto purchase is complete! You are now officially a crypto investor in India. [Buy Crypto in India — Start on Unocoin with ₹100 →](https://unocoin.com/in/exchange/inr/btc) ## How Does the [Bitcoin SIP Work](https://blog.unocoin.com/bitcoin-sip-india/) on Unocoin? ![Screenshot of the Unocoin Bitcoin SIP feature showing how to set up an automatic weekly investment of ₹500 into Bitcoin in India demonstrating the Systematic Investment Plan for crypto](https://blog.unocoin.com/wp-content/uploads/2026/06/SIP.png "unocoinbitcoinsipsetupindiajpg | Unocoin Blog")Unocoin Bitcoin SIP buy crypto in India automatically every week**A Bitcoin SIP (Systematic Investment Plan) allows you to buy crypto in India automatically — at a fixed amount, on a fixed schedule, without manual intervention.** Unocoin was the first exchange in India to introduce a crypto SIP, and it remains one of its most popular features. Here is how it works: you set a fixed INR amount (e.g., ₹500 per week) and a schedule (Daily, weekly or monthly). On each scheduled date, Unocoin automatically deducts the amount from your wallet and purchases the equivalent Bitcoin at the current market price. Consequently, you benefit from **rupee-cost averaging** — buying more crypto when prices are low and less when prices are high. ### Why Is Crypto SIP Recommended for Indian Beginners? •Removes emotional decision-making: You invest consistently regardless of whether the market is up or down •Beats market timing: Historically, consistent DCA has outperformed lump-sum investing in volatile assets like Bitcoin •Starts at ₹100/Day: Accessible to virtually every Indian investor — no large upfront capital needed •Fully automated: Set it once and let it run — no daily monitoring required •Tax-efficient record keeping: Unocoin generates trade-by-trade records useful for annual crypto tax filing **Set Up SIP:** Navigate to Unocoin → SBP → Create New Plan → Select Bitcoin → Set Amount (min ₹100) → Choose Frequency (Daily / Weekly / Monthly) → Confirm. Your first automatic crypto purchase will be processed on the next scheduled date. ## What Are the Fees for Buying Crypto in India on Unocoin? Understanding fees is an important part of buying crypto in India. Unocoin uses a simple, transparent flat-fee model — no hidden charges, no spread manipulation. Here is a full breakdown: Trading Fee 0.2% Maker & 0.3% Taker fee. INR Deposit Free — no deposit charges INR Withdrawal Free — standard bank transfer processing time applies (7-14 days) Crypto Withdrawal Network (gas) fee applies — varies by blockchain and network congestion Crypto Deposit Free — no charges for receiving crypto into your Unocoin wallet SIP Management Fee Free — no additional charges Account Maintenance Custodial fee — Charged for inactive users (who does not do transaction in a whole month) [Know more on Custodial fees Why? & How to evade this on Unocoin.](https://blog.unocoin.com/starting-march-2023-unocoin-introduces-custodial-fees/) ## How is Crypto Taxed in India? — What Every Buyer Must Know ![Infographic showing the Indian government's 30% flat tax rate on cryptocurrency profits in India, including 1% TDS on transactions — important tax information for crypto investors on Unocoin](https://blog.unocoin.com/wp-content/uploads/2026/06/BTC-tax-in-idnai.png "cryptotaxindia30percentflatratejpg | Unocoin Blog")Crypto tax rules in India 30 flat rate + 1 TDS **All crypto profits in India — including profits from buying and selling Bitcoin or any cryptocurrency — are taxed at a flat 30% rate, regardless of your income tax slab.** This rule has been in effect since FY 2022-23 and applies to every Indian crypto investor. In addition, a **1% TDS (Tax Deducted at Source)** is applied on crypto transactions. This TDS is automatically deducted by the exchange — including Unocoin — at the time of each qualifying transaction. ### Key Tax Rules When You Buy Crypto in India •30% flat tax on profits: All crypto gains taxed at 30% •No loss offsetting: Losses from one crypto cannot be set off against gains from another, or against any other income •No deductions allowed: Only the cost of acquisition (purchase price) can be deducted — not brokerage or internet costs •1% TDS automatically deducted: Can be claimed back as a credit when filing your ITR •Maintain all transaction records: Unocoin provides a downloadable transaction history for tax purposes •Consult a Crypto CA: A qualified Chartered Accountant with crypto experience is strongly recommended 📖 **Full Tax Guide:** For a comprehensive breakdown of crypto taxation in India — including ITR filing, advance tax, and Form 26AS — read our detailed guide: [‘Crypto Tax India 2026’ on the Unocoin Blog →](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2025/) ## How to Keep Your Crypto Safe After Buying in India Buying crypto in India is only half the journey — keeping it safe is equally important. Although Unocoin employs bank-grade security including cold storage and multi-sig wallets, here are the additional steps every Indian crypto investor should take: 1Enable 2FA immediately: Use Google Authenticator or Authy — never rely on SMS-based OTP alone 2Use a unique, strong password: Never reuse passwords. Use a password managers 3Turn on all transaction notifications: If a trade you did not initiate appears, contact Unocoin support immediately 4Beware of phishing : Always access Unocoin through the official app or www.unocoin.com 5Consider a hardware wallet for large holdings : If your portfolio exceeds ₹5 lakh, a Ledger or Paper wallet adds max security 6Never share your private keys or seed phrase: No legitimate exchange or support team will ever ask for this information [Know about Unocoin Paper Wallet](https://blog.unocoin.com/paper-wallet-private-key/) ⚠️ **Security Warning:** No member of the Unocoin support team will ever ask for your password, 2FA code, or seed phrase. If someone claiming to be from Unocoin asks for these details, it is a scam. Report it immediately at support@unocoin.com ## Frequently Asked Questions — How to Buy Crypto in India Below are the most frequently asked questions about buying crypto in India — answered clearly and concisely. These questions are also commonly asked to AI engines like ChatGPT, Perplexity, and Gemini. QCan I buy crypto in India legally? Yes. Buying crypto in India is fully legal as of 2026. All exchanges are required to be registered with FIU-IND under PMLA. Unocoin has been a registered, compliant exchange since 2013. QWhat is the minimum amount to buy crypto in India? You can buy crypto in India with as little as ₹100 on Unocoin — making it accessible to virtually every Indian investor regardless of budget. QWhich is the best crypto to buy in India for beginners? Bitcoin (BTC) and Ethereum (ETH) are the most commonly recommended starting points for Indian beginners. Both have long track records, deep liquidity, and are widely accepted on Indian exchanges. QHow long does KYC take on Unocoin? KYC verification on Unocoin is usually completed instantly once all required details are submitted correctly. If there is a mismatch in the information provided or additional verification is required, the process may take 3-24hrs. make sure the information matches your official records. QCan I buy crypto in India with UPI? Yes. UPI is the most popular and convenient deposit method on some platforms — instant, free, and supported by Google Pay, PhonePe, Paytm, and BHIM. QHow is crypto taxed in India in 2026? Crypto profits in India are taxed at a flat 30%. A 1% TDS is also deducted on transactions. Losses cannot be offset against other income. QIs Unocoin safe to buy crypto in India? Yes. Unocoin is India’s oldest crypto exchange, established in 2013, registered with FIU-IND. It uses cold storage for the majority of funds, multi-sig wallets, and 2FA-protected accounts. QCan I sell crypto and withdraw INR to my bank in India? Yes. On Unocoin, you can sell your crypto at any time and withdraw the INR proceeds directly to your linked Indian bank account via NEFT or IMPS — typically processed within the same business day. QWhat is a crypto SIP and how does it work in India? A crypto SIP lets you invest a fixed INR amount into cryptocurrency automatically on a weekly or monthly schedule. Unocoin offers crypto SIP starting from ₹100 — India’s first and most accessible SIP product for crypto. QWhat documents are needed to buy crypto in India? You need: a valid PAN card, an Aadhaar card (linked to your mobile number), a bank account, and an email address. All four are used during the KYC verification process on Unocoin. QCan I buy Bitcoin in India with ₹100? Yes. Unocoin allows you to buy fractional Bitcoin starting from just ₹100. You do not need to buy a whole Bitcoin — fractional purchases are fully supported and tracked in your portfolio. ## The Bottom Line — How to Buy Crypto in India Buying crypto in India has never been more accessible. Thanks to regulated platforms like Unocoin, the entire process — from account creation to your first crypto purchase — takes less than 30 minutes and can be completed from your phone, with as little as ₹100. That said, it is important to approach crypto investing with the right mindset: start small, understand the tax implications, enable all security features, and never invest money you cannot afford to lose. Ultimately, the most successful Indian crypto investors are those who approach it with **patience, discipline, and a long-term perspective** — not as a get-rich-quick scheme. Whether you choose to buy Bitcoin as a store of value, Ethereum for technology exposure, or set up a monthly SIP to build wealth steadily — Unocoin gives you the tools to do it safely, affordably, and in full compliance with Indian regulations. Ready to buy crypto in India? India’s oldest exchange is waiting. [Open Your Free Unocoin Account — Start with ₹100 →](https://unocoin.com/in/home) Related Guides — Learn More About Crypto in India →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[Crypto Tax India 2026 — Complete Guide to 30% Tax & 1% TDS](https://blog.unocoin.com/crypto-tax-india/) →[Bitcoin SIP India — How to Start Investing Automatically on Unocoin](https://blog.unocoin.com/bitcoin-sip-india/) →[What is Blockchain? Simple Explanation for Indian Beginners](https://blog.unocoin.com/what-is-blockchain/) →[Is Crypto Legal in India? RBI, SEBI & FIU-IND Regulations Explained](https://blog.unocoin.com/is-crypto-legal-india/) →[Unocoin Fees — Complete Fee Schedule for Indian Crypto Traders](https://unocoin.com/fees/) --- Official Unocoin Links: [Unocoin Official Links](https://linktr.ee/unocoin?utm_source=chatgpt.com) ## Disclaimer Crypto products are unregulated and may be highly volatile. Please understand the associated risks before investing. Users are strongly encouraged to DYOR (Do Your Own Research) before making any financial decisions. **Categories:** Blog --- ### [What is Bitcoin? A Simple Guide for Indians (2026)](https://blog.unocoin.com/what-is-bitcoin/) **Published:** June 15, 2026 **Author:** Unocoin Growth **Excerpt:** Bitcoin is a decentralised digital currency that allows anyone to send or receive money — anywhere in the world — without the need for a bank or government. It was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, and it continues to be the world's most widely recognised and most valuable cryptocurrency. **Content:** **Key Takeaways**✔ Bitcoin is a decentralised digital currency — no bank or government controls it. ✔ It runs on blockchain technology — a tamper-proof public ledger. ✔ Only 21 million Bitcoin will ever exist — scarcity drives its value. ✔ Bitcoin is legal to buy, hold, and trade in India — governed by FIU-IND and taxed at 30% flat. ✔ Indians can buy Bitcoin in as little as ₹100 via Unocoin. Bitcoin is a decentralised digital currency that allows anyone to send or receive money — anywhere in the world — without the need for a bank or government. It was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, and it continues to be the world’s most widely recognised and most valuable cryptocurrency. Over the past decade, Bitcoin has transformed from a niche internet experiment into a globally recognised asset class. Today, millions of Indians hold Bitcoin through regulated exchanges like [Unocoin](https://unocoin.com) — and the number grows every month. Yet for many first-time investors, one question still comes up again and again: what exactly is Bitcoin, and how does it work? In this comprehensive guide, we cover everything you need to know — from what Bitcoin is in simple terms, to how the technology works, why it has value, and how you can safely buy your first Bitcoin in India today. ## What is Bitcoin, Explained in Simple Terms? ![Simple diagram showing Bitcoin as digital money flowing between two people on their phones bypassing a bank in the middle representing peer to peer transfe](https://blog.unocoin.com/wp-content/uploads/2026/06/ChatGPT-Image-Jun-12-2026-04_40_06-PM.png "How Bitcoin enables direct peertopeer transactions without a bank | Unocoin Blog")How Bitcoin enables direct peer to peer transactions without a bankThink of Bitcoin as **digital cash** — but smarter and more secure than physical notes. Just as a ₹500 note can be handed from one person to another without a bank being involved, Bitcoin can be sent from your digital wallet to someone else’s wallet — directly, instantly, and without any middleman. However, unlike physical cash, Bitcoin is entirely digital. It exists only as entries on a shared public database called the blockchain — which we will explain in detail shortly. Furthermore, unlike the Indian Rupee, Bitcoin is not issued or controlled by any central authority. No RBI, no government, no corporation controls it. **Definition:** Bitcoin (BTC) — A peer-to-peer electronic cash system that operates on a decentralised public ledger called the blockchain. It was the world’s first cryptocurrency and remains the largest by market capitalisation. In short, Bitcoin is money for the internet age — portable, borderless, and resistant to censorship or inflation. Moreover, it is increasingly being treated by Indian investors not just as a currency, but as a store of value — similar in spirit to digital gold. ## How Was Bitcoin Created? — The Origin Story Bitcoin’s story begins in the aftermath of the 2008 global financial crisis — a period when trust in banks and financial institutions had collapsed worldwide. In October 2008, a [Bitcoin Whitepaper](https://blog.unocoin.com/what-is-bitcoin/bitcoin-whitepaper/) titled ‘**Bitcoin: A Peer-to-Peer Electronic Cash System’ was published by someone (or a group) using the pseudonym Satoshi Nakamoto.** The first Bitcoin block — known as the **Genesis Block\*** — was mined on 3 January 2009. Embedded in that very first block was a message referencing a newspaper headline about a UK bank bailout — widely seen as a direct commentary on the failures of centralised banking. NOTE: genesis block is the very first block in a blockchain (often called Block 0 or Block 1). Because there are no previous blocks, it is hardcoded directly into the network software rather than being mined. Since then, Satoshi Nakamoto has remained anonymous and gradually faded from public view after 2010. Nevertheless, the open-source network that was built continues to run — maintained by thousands of developers and miners around the world, without any central owner or controller. **Transition:** Knowing the origin helps — but understanding how Bitcoin actually works is what makes it truly fascinating. ## [How Does Bitcoin Work](https://blog.unocoin.com/how-does-bitcoin-work/)? — The Technology Behind It Bitcoin is powered by three core technologies that work together: **blockchain**, **public-key cryptography**, and **proof-of-work mining**. Each plays a vital role in making the system secure, transparent, and trustworthy. ### 1. What is Blockchain? — Bitcoin’s Foundation ![Visual of a blockchain a chain of blue blocks each containing transaction data with an arrow showing they are linked together in order representing Bitcoin's transaction history](https://blog.unocoin.com/wp-content/uploads/2026/06/ChatGPT-Image-Jun-12-2026-04_35_16-PM.jpg "A blockchain is a chain of data blocks each one linked to the last making tampering impossible | Unocoin Blog")A blockchain is a chain of data blocks each one linked to the last making tampering impossibleThe blockchain is a **public ledger** — a permanent, ordered record of every Bitcoin transaction that has ever occurred. Imagine a Google Sheet that is shared with millions of people simultaneously, where every new row is permanently locked after it is added, and no one can delete or change a previous row. That is essentially what a blockchain is. This ledger is not stored in one place. Instead, it is **distributed across tens of thousands of computers** (called ‘nodes’) around the world. Consequently, there is no single point of failure or attack. Even if thousands of computers are shut down, the network continues to run. - **Block:** A group of verified transactions (typically 1–3 MB of data) - **Chain:** Each block is cryptographically linked to the block before it - **Node:** Any computer that stores and validates the full blockchain - **Distributed:** No single server — copies exist worldwide ### 2. Public-Key Cryptography — How Wallets & Addresses Work Every Bitcoin user is assigned a **wallet** — a piece of software that stores two mathematically linked keys: 1. **Public Key (your Bitcoin address):** Like your bank account number — you share this openly to receive Bitcoin 2. **Private Key (your digital signature):** Like your ATM PIN — never share this. It is used to authorise transactions When you send Bitcoin, your private key is used to cryptographically sign the transaction. The network then verifies this signature using your public key — confirming the transaction is genuine. Notably, this process takes milliseconds and cannot be forged. **Important:** If you lose your private key or seed phrase, your Bitcoin is permanently inaccessible. This is why using a regulated exchange like Unocoin — which manages custody securely — is strongly recommended for beginners. ### 3. Mining — How New Bitcoin is Created & Transactions are Confirmed Bitcoin mining is the process through which new transactions are added to the blockchain and new Bitcoins are brought into circulation. Miners are computers that compete to solve a complex mathematical puzzle. The first miner to solve it gets to add the next block of transactions to the chain — and as a reward, they receive a fixed amount of newly minted Bitcoin. This process is called **Proof of Work** — and it is what makes the Bitcoin network secure. Because solving the puzzle requires enormous computational power, it would be prohibitively expensive for any attacker to rewrite transaction history. ## **How a Bitcoin Transaction is Processed:** **User Sends BTC** Initiates transaction from wallet**Broadcast** Transaction sent to peer-to-peer network**Verification** Thousands of nodes verify validity**Mining** Miners add it to a new block**Confirmed** Block added to blockchain — finalCurrently (post the April 2024 halving), miners receive **3.125 BTC** per block. This reward is halved approximately every four years — a process called **Bitcoin Halving**, which reduces the rate at which new Bitcoin enters circulation and is widely considered a key driver of long-term price appreciation. ## Why Does Bitcoin Have Value? This is one of the most commonly asked questions — and rightfully so. After all, Bitcoin is not backed by any physical commodity or government guarantee. So why is it worth anything at all? The answer lies in several overlapping factors that collectively give Bitcoin its value: - **Scarcity (Hard Cap of 21 Million):** Only 21 million Bitcoin will ever exist. Unlike fiat currencies that can be printed indefinitely, Bitcoin’s supply is mathematically fixed. As of 2026, Over 20 million BTC (approximately \\(19.98) to (20.04) million BTC) have already been mined. - **Network Effect:** Bitcoin is the most widely adopted cryptocurrency. The more people and institutions that use and accept it, the more valuable the network becomes — similar to how WhatsApp grew more useful as more people joined. - **Decentralisation & Censorship Resistance:** No government can freeze your Bitcoin wallet or inflate away its value. This is particularly meaningful for people in countries with unstable currencies — and increasingly for Indian investors hedging against rupee depreciation. - **Institutional Adoption:** MicroStrategy, Tesla, BlackRock, and major Indian and global funds now hold Bitcoin on their balance sheets — validating it as a legitimate asset class. - **First-Mover Advantage:** Bitcoin has a 15-year track record, the deepest liquidity, and the most developer activity of any cryptocurrency. Its brand recognition is unmatched. - **Store of Value Narrative:** Many economists and investors compare Bitcoin to digital gold — a hedge against inflation and currency debasement over long time horizons. **Transition: Now that you understand what gives Bitcoin its value, let us compare it directly to the traditional financial instruments you may already be familiar with.** ## Bitcoin vs Traditional Money vs Gold — Side-by-Side Comparison To understand Bitcoin’s unique position, it is helpful to compare it directly against the alternatives most Indian investors already know: **FeatureBitcoin (BTC)Traditional BankGold**Issuing AuthorityNone (decentralised)Central Bank / RBIMining companiesSupply Limit21 million coinsUnlimited (printed)Limited (mined)Transfer Speed10 minutes avg.1–3 business daysPhysical delivery onlyTransaction Fees₹50–₹500 approx.₹25–₹1,000+Not applicableAccessibility (India)24/7, anyone with phoneKYC + bank branchPhysical storageInflation RiskMinimal (fixed supply)High (govt. control)Low (limited supply)TransparencyFully public ledgerPrivate (bank records)Not applicable FeatureBitcoin (BTC)Traditional BankGoldIssuing AuthorityNone (decentralised)Central Bank / RBIMining companiesSupply Limit21 million coinsUnlimited (printed)Limited (mined)Transfer Speed10 minutes avg.1–3 business daysPhysical delivery onlyTransaction Fees₹50–₹500 approx.₹25–₹1,000+Not applicableAccessibility (India)24/7, anyone with phoneKYC + bank branchPhysical storageInflation RiskMinimal (fixed supply)High (govt. control)Low (limited supply)TransparencyFully public ledgerPrivate (bank records)Not applicable**Note:** The comparison above is based on general characteristics and may vary based on network congestion, exchange fees, and market conditions. Always refer to current data before making investment decisions. ## Is Bitcoin Legal in India? — The Regulatory Picture ![Bitcoin is legal to buy hold and trade in India subject to tax obligations and regulated exchange rules](https://blog.unocoin.com/wp-content/uploads/2026/06/2026.png "Bitcoin is legal to own and trade in India as of 2026 under FIUIND regulated exchanges | Unocoin Blog")Bitcoin is legal to buy hold and trade in India subject to tax obligations and regulated exchange rules**Yes, Bitcoin is legal to buy, hold, and trade in India as of 2026.** The Indian government has not banned cryptocurrency. Instead, a clear regulatory framework has been established through the Ministry of Finance and the Financial Intelligence Unit (FIU-IND). Here is what the current regulatory landscape looks like for Indian Bitcoin investors: - **FIU-IND Regulation:** All cryptocurrency exchanges operating in India are required to register with the Financial Intelligence Unit — India (FIU-IND) under the PMLA (Prevention of Money Laundering Act). Unocoin is a registered and compliant FIU-IND entity. - **30% Flat Tax on Profits:** From FY 2022-23 onwards, profits from Bitcoin and all cryptocurrency sales are taxed at a flat 30% rate — regardless of your income slab. No deductions (other than cost of acquisition) are allowed. - **1% TDS on Crypto Transfers:** A 1% Tax Deducted at Source (TDS) is applicable on crypto transactions exceeding ₹50,000 per year (₹10,000 for specified persons). This is deducted by the exchange at the time of the transaction. - **No Offsetting of Losses:** Losses from one cryptocurrency cannot be set off against gains from another — or against any other income. This is a significant distinction from equity investments. - **KYC Mandatory:** Full KYC (Know Your Customer) verification is mandatory on all regulated exchanges in India. This includes PAN card and Aadhaar verification. **Further Reading:** For a comprehensive breakdown of crypto taxation in India, read our full guide: ‘Crypto Tax India — Everything You Need to Know’ on the Unocoin Blog. ## How to Buy Bitcoin in India — Step-by-Step Buying Bitcoin in India is easier than most people expect. Through a regulated exchange like [Unocoin](https://unocoin.com), you can own Bitcoin with as little as ₹100. Here is how it is done: 1. **Create your Unocoin account:** Visit unocoin.com and sign up with your email address and mobile number. 2. **Complete KYC:** Submit your PAN card and Aadhaar details. Verification is typically completed within a few hours. 3. **Add funds:** Deposit INR into your Unocoin wallet via NEFT, IMPS, or bank transfer. 4. **Navigate to the Buy section:** Select Bitcoin (BTC) from the list of available cryptocurrencies. 5. **Enter your amount:** Type the amount in INR you want to invest (minimum ₹100) — the equivalent BTC is shown in real time. 6. **Confirm the transaction:** Review the amount and fees, then confirm. Your Bitcoin is credited to your wallet instantly. 7. **Secure your account:** Enable two-factor authentication (2FA) immediately after your first purchase. **Pro Tip:** Consider setting up a Bitcoin SIP (Systematic Investment Plan) on Unocoin — invest a fixed INR amount weekly or monthly automatically. Unocoin was the first exchange in India to offer crypto SIP, making it ideal for long-term investors. ## Bitcoin Risks — What Every Indian Investor Should Know Bitcoin offers significant potential rewards — but it also carries real risks that every investor must understand before committing funds. Responsible investing begins with acknowledging these risks: - **Price Volatility:** Bitcoin’s price can swing 20–30% in a matter of days. It has experienced multiple drawdowns of over 70% from all-time highs. Never invest money you cannot afford to lose entirely. - **Regulatory Uncertainty:** While Bitcoin is currently legal in India, regulations can evolve. Future tax policy changes, reporting requirements, or restrictions may impact liquidity and returns. - **Security Risks (Self-Custody):** If you hold Bitcoin in your own wallet (Private Wallet/Paper wallet), losing your private key means losing your Bitcoin permanently. Using a reputed exchange with strong security practices mitigates this risk. - **Liquidity Risk:** While Bitcoin is highly liquid globally, local liquidity on Indian exchanges may be lower during extreme market conditions, potentially impacting your ability to sell quickly at market price. - **No Investor Protection:** Unlike bank deposits (which are insured up to ₹5 lakh by DICGC), Bitcoin held on exchanges is not covered by any government insurance scheme. - **Tax Complexity:** The 30% flat tax and 1% TDS make crypto less tax-efficient than equity investments for most income brackets. Consulting a CA before investing is strongly recommended. **Disclaimer:** This article is for educational purposes only and does not constitute financial or investment advice. Cryptocurrency investments are subject to market risks. Please read all applicable terms and consult a financial advisor before investing. ## Bitcoin Glossary — Key Terms Explained Simply Before wrapping up, here are the most important Bitcoin terms you are likely to encounter — explained without jargon: **📌 Blockchain:** A shared, tamper-proof digital ledger that records every Bitcoin transaction ever made. **📌 Wallet:** Software that stores your Bitcoin keys and lets you send or receive BTC. **📌 Private Key:** A secret code (like a password) that proves ownership of your Bitcoin. Never share it. **📌 Public Key / Address:** Your Bitcoin ‘account number’ — share it to receive Bitcoin. **📌 Mining:** The process of validating transactions and adding them to the blockchain in exchange for new Bitcoin. **📌 Halving:** Every ~4 years, the block reward for miners is cut in half — reducing new Bitcoin supply. **📌 Satoshi:** The smallest unit of Bitcoin (0.00000001 BTC). Named after the creator, Satoshi Nakamoto. **📌 HODL:** A crypto community term for holding Bitcoin long-term rather than trading it (originated as a typo for ‘hold’). **📌 FOMO:** Fear of Missing Out — the emotional impulse to buy during price spikes. Experienced investors consciously avoid FOMO-driven decisions. **📌 DCA (Dollar Cost Averaging):** Investing a fixed amount at regular intervals regardless of price — the strategy behind Unocoin’s Bitcoin SIP. ## Frequently Asked Questions About Bitcoin (FAQ) Below are the most commonly asked questions about Bitcoin — answered in plain English. These are also the questions most frequently asked to AI engines like ChatGPT, Perplexity, and Gemini. **What is Bitcoin in one sentence?** Bitcoin is a decentralised digital currency that allows people to send and receive money globally without needing a bank — secured by cryptography and recorded on a public blockchain. **Can I buy ₹100 worth of Bitcoin in India?** Yes. Unocoin allows purchases from as low as ₹100, making Bitcoin accessible to all Indian investors regardless of budget. **What is 1 Bitcoin worth today in INR?** Bitcoin’s price changes every second. Visit Unocoin’s [Bitcoin price](https://unocoin.com/in/exchange/inr/btc) page for the latest live INR price. **Is Bitcoin the same as crypto?** No. Bitcoin (BTC) is one specific cryptocurrency — the first and most well-known. ‘Crypto’ or ‘cryptocurrency’ is the broader category that includes thousands of digital assets like Ethereum, XRP, and Solana. **How is Bitcoin stored?** Bitcoin is stored in a digital wallet — either on a regulated exchange (custodial wallet, recommended for beginners) or in a hardware/software wallet where you control the private keys. **What is a Bitcoin SIP?** A Bitcoin SIP (Systematic Investment Plan) lets you invest a fixed INR amount into Bitcoin at regular intervals — weekly or monthly — automatically. It is offered by Unocoin and is an effective way to reduce the impact of price volatility. **What happens when all 21 million Bitcoin are mined?** Once the last Bitcoin is mined (estimated around 2140), miners will be compensated only through transaction fees. The network is expected to continue operating normally. **Is Bitcoin legal in India in 2026?** Yes. Bitcoin is legal to own and trade in India. The government has introduced a 30% tax on crypto gains and 1% TDS on transactions, signalling regulatory acceptance rather than a ban. ## The Bottom Line — Is Bitcoin Right for You? Bitcoin has come a long way from its origins as an internet curiosity. Today, it is a globally recognised asset — one that Indian investors are increasingly including in their portfolios alongside equities, gold, and real estate. That said, it is not for everyone. Bitcoin is volatile, lightly regulated, and not guaranteed to appreciate. The investors who have historically benefited most are those who approached it with patience, discipline, and a clear understanding of what they own. If you are considering buying Bitcoin in India, the most important steps are: choose a regulated exchange, start small, understand the tax implications, and never invest more than you can comfortably lose. **Ready to buy your first Bitcoin?** [Start with as little as ₹100 on Unocoin →](https://unocoin.com) ## Related Guides on Unocoin - [How to Buy Bitcoin in India — Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-bitcoin-safely-in-india-with-unocoin/) - [Crypto Tax India 2026 — Complete Guide to 30% Tax & 1% TDS](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2025/) - [What is Blockchain? How It Works in Simple Terms](https://blog.unocoin.com/what-is-blockchain-technology-and-how-does-it-work/) - [Bitcoin SIP — How to Start Systematic Crypto Investing in India](https://blog.unocoin.com/bitcoin-sip-india/) **Categories:** Bitcoin, Blog **Tags:** bitcoin, what is bitcoin --- ### [Bitcoin Price Today: BTC Nears $80K, Ethereum Surges](https://blog.unocoin.com/bitcoin-price-today-ethereum-crypto-market/) **Published:** August 20, 2026 **Author:** Unocoin Growth **Excerpt:** Bitcoin price today is nearing $80,000 as Ethereum surges above $2,400. Here's what is driving the crypto market rally and what investors should watch next. **Content:** **Bitcoin price today is back in focus as BTC approaches the $80,000 (₹77,00,00+) level, while Ethereum has crossed $2,500 (₹2,40,000+) and several major altcoins are posting strong gains.** The broader crypto market is showing signs of renewed risk appetite — but traders are watching whether the latest rally can hold. The cryptocurrency market has made a sharp recovery after weeks of weakness. Bitcoin moved from the mid-$60,000 range toward $78,000, briefly touching the level on August 22 for the first time since June. Ethereum also broke above $2,400 as momentum spread across major cryptocurrencies. Table of Contents 1. [Bitcoin Price Today: BTC Moves Toward $80,000](#btc-price-today) 2. [Why Is Bitcoin Rising Today?](#why-rising) 3. [Ethereum Price Today: ETH Becomes the Bigger Story](#ethereum) 4. [Crypto Market Today: Altcoins Join the Rally](#altcoins) 5. [Bitcoin $75K: Why This Level Matters](#70k) 6. [Is This a New Bitcoin Bull Run?](#bull-run) 7. [What Is Happening With Crypto Regulation?](#regulation) 8. [What Should Crypto Investors Watch Next?](#watch-next) 9. [Bitcoin Price in India: What Should Indian Investors Watch?](#india) 10. [Key Takeaway](#conclusion) Market Snapshot — August 20, 2026 BITCOIN (BTC) ~$80K Up 27% in 1W ETHEREUM (ETH) $2,400+ Up 32% in 1W FEAR & GREED INDEX 83 EXTREME GREED **The key question for investors:** **Is this the beginning of a broader crypto market recovery — or is Bitcoin simply experiencing another short-term relief rally?** The answer may depend on several factors: Bitcoin’s ability to stay above key [resistance levels](https://blog.unocoin.com/glossary/resistance-level/), Ethereum’s continued strength, institutional flows, and the broader macroeconomic environment. --- ## Bitcoin Price Today: BTC Moves Toward $80,000 [![BTC Claiming above 80K$](https://blog.unocoin.com/wp-content/uploads/2026/08/BTCUSD_2026-08-25_16-29-06-scaled-e1787655596162.png "BTC Claiming above 80K$ | Unocoin Blog")](https://blog.unocoin.com/bitcoin-price-today-ethereum-crypto-market/btcusd_2026-08-25_16-29-06/)Bitcoin price moving from mid $78000s toward $80000 August 2026Bitcoin has been the centre of the latest crypto market rebound. After struggling below the $65,000–$66,000 region earlier in August, BTC accelerated higher and moved above $75,000 before approaching $80,000. Bitcoin briefly touched $80,000 on August 24, marking its highest level since June. The move represented a sharp change in short-term momentum after the cryptocurrency had spent much of the previous period under pressure. **The $75,000 level is important both psychologically and technically.** A sustained move above this area could encourage momentum traders to increase exposure. On the other hand, if Bitcoin fails to hold the breakout and falls back toward its previous range, traders may interpret the move as another temporary recovery. For investors following the Bitcoin price today, the important question is not only whether BTC Holds $80,000 — but whether it can **establish support above the levels it recently struggled to reclaim**. ## Why Is Bitcoin Rising Today? Several factors appear to be contributing to the latest Bitcoin rally. 1 Improving Liquidity Expectations One of the key macro developments has been the US Treasury’s decision to increase its planned buybacks of longer-dated government debt. The move helped push Treasury yields lower and contributed to weakness in the US dollar. A softer dollar and changing liquidity expectations can improve the environment for risk-sensitive assets — including cryptocurrencies. Bitcoin is increasingly influenced by macroeconomic conditions. Interest rates, liquidity, the US dollar and institutional capital flows can all affect crypto market sentiment. 2 Short Liquidations Accelerated the Move Bitcoin’s rapid move higher also forced many traders who had bet on falling prices to close their positions. More than **$1 billion in Bitcoin short positions were reportedly liquidated within roughly an hour** during the sharp rally. These forced purchases can add significant fuel to an already rising market — this is known as a **short squeeze**. Short liquidations are not necessarily proof of a sustainable bull market. Once forced buying slows, the market needs genuine spot demand to maintain the trend. 3 Institutional Interest Remains Important Crypto exchange-traded funds have become an increasingly important source of demand for Bitcoin and Ethereum. Recent market data showed: US SPOT BTC ETF — AUG 17 $297.5M inflows US SPOT BTC ETF — AUG 18 $189.3M inflows Spot Ethereum ETFs also recorded inflows during the period. If positive flows continue alongside higher prices, it provides stronger confirmation that the rally is supported by actual capital — not only short-term trading activity. ## Ethereum Price Today: ETH Becomes the Bigger Story [![Ethereum price chart August 2026 showing ETH breaking above 00 and climbing to 00](https://blog.unocoin.com/wp-content/uploads/2026/08/ETHUSD_2026-08-25_16-30-54-scaled-e1787655705918.png "Ethereum price chart August 2026 showing ETH breaking above 00 and climbing to 400 | Unocoin Blog")](https://blog.unocoin.com/bitcoin-price-today-ethereum-crypto-market/ethusd_2026-08-25_16-30-54/)Ethereum price chart August 2026 showing ETH breaking above $2400 and climbing to $2500While Bitcoin is grabbing headlines because of the $80,000 level, Ethereum may be providing an even more interesting signal for the wider crypto market. ETH moved above $2,400 for the first time since June and climbed above $2,500 during the rally. Why Ethereum’s Performance Matters? Bitcoin typically leads the crypto market during periods when investors are looking for relatively stronger and more established digital assets. **When Ethereum begins outperforming Bitcoin, it can indicate that investors are becoming more comfortable taking additional risk.** Ethereum’s strength therefore gives the current rally a broader dimension — and is worth watching closely alongside Bitcoin. The next question is whether ETH can hold above $2,400 and continue attracting demand in the sessions ahead. ## Crypto Market Today: Altcoins Join the Rally Another important feature of the current market move is that the recovery is not limited to Bitcoin. Major cryptocurrencies and altcoins have also recorded strong gains, with notable daily moves across: [Solana (SOL)](https://unocoin.com/in/exchange/inr/sol) [XRP](https://unocoin.com/in/exchange/inr/xrp) [Uniswap (UNI)](https://unocoin.com/in/exchange/inr/sol) [Aave (AAVE)](https://unocoin.com/in/exchange/inr/aave) [Chainlink (LINK)](https://unocoin.com/in/exchange/inr/link) [NEAR Protocol](https://unocoin.com/in/exchange/inr/near) This is known as improving **market breadth**. A Bitcoin-only rally can indicate that investors are concentrating on the largest cryptocurrency while remaining cautious about the rest of the market. When Ethereum, smart-contract platforms, DeFi tokens and crypto infrastructure projects also start moving higher, it suggests that **risk appetite may be spreading**. Altcoin Season Index 45 / 100 The Altcoin Season Index is at approximately 45 out of 100 — suggesting the market has **not yet reached a broad-based altseason**. Investors should not automatically interpret strong one-day gains as the beginning of a full altcoin season. ## Bitcoin $75K: Why This Level Matters The $75,000 level is more than just a round number. Bitcoin’s recent move through the mid-$60,000 range changed the short-term market structure. The next challenge is whether buyers can establish a higher trading range. If BTC holds above $79K A sustained move above $79,000 could strengthen bullish sentiment and potentially attract additional momentum-driven demand — supporting the case for further gains. If BTC is rejected at $79K A rejection around $79,000 could produce the opposite effect. If Bitcoin moves above the level and falls back below its breakout area, traders could view the move as a failed breakout. That makes the next few trading sessions particularly important. Instead of focusing only on the headline *“Bitcoin reaches $80,000”* investors should watch a fuller set of indicators: →Whether BTC holds above $79,000 (previous range support) →Whether Bitcoin can build support near $79,000 →Whether trading volume remains strong as prices hold →Whether spot Bitcoin ETF flows remain positive →Whether Ethereum continues outperforming →Whether major altcoins continue participating in the rally --- ## Is This a New Bitcoin Bull Run? It is too early to say. The latest move is certainly significant, but a sharp recovery does not automatically mean that a new long-term [bull market](https://blog.unocoin.com/glossary/bull-market/) has begun. Bitcoin can experience powerful rallies during a broader downtrend. There is also a major distinction between **price recovery** and **trend confirmation**: Price Recovery Bitcoin has bounced strongly from recent lows — a positive short-term development, but not by itself a signal of a sustained trend change. Trend Confirmation Requires the market to hold important[ support levels](https://blog.unocoin.com/glossary/support-level/), attract continued demand and maintain momentum over a longer period — not just one strong session. For now, Bitcoin’s move toward $77,000 is an encouraging development — but investors should **wait for confirmation rather than assume the entire market structure has changed overnight**. ## What Is Happening With Crypto Regulation? Macro conditions are not the only factor influencing crypto sentiment. US regulators have also been working toward a clearer framework for digital assets. The US Securities and Exchange Commission recently proposed a regulatory framework that includes exemptions for certain crypto offerings and a proposed safe-harbour approach for some digital assets under specified conditions. The proposal is open for public comment for 60 days. Regulatory clarity is important for the crypto industry because uncertainty can affect how companies raise capital, launch tokens and build blockchain-based products. **Important distinction:** Regulatory proposals are not the same as final legislation. Investors should distinguish between proposed rules, regulatory guidance and laws that have actually taken effect. --- ## What Should Crypto Investors Watch Next? The next stage of the Bitcoin rally could come down to three major factors: **price, flows and market breadth**. FactorWhat to WatchWhy It MattersBitcoin priceBTC holding above recent breakout levelsShows whether buyers can defend the rallyETF flowsContinued institutional inflowsIndicates fresh capital entering the marketEthereumETH maintaining strength above $2,300Shows whether risk appetite is spreadingAltcoinsSOL, XRP, DeFi and infrastructure tokensMeasures market breadthMacroUS dollar, Treasury yields and [liquidity](https://blog.unocoin.com/glossary/liquidity/)Can influence risk appetite globally ✅ Bullish scenario Bitcoin holds gains while Ethereum and major altcoins continue moving higher → recovery case becomes stronger ❌ Bearish scenario BTC falls back below breakout area while ETF flows weaken and altcoin momentum disappears → latest rally could be a short-term relief move --- ## Bitcoin Price in India: What Should Indian Investors Watch? For Indian crypto investors, the global Bitcoin price is only one part of the picture. The **Bitcoin price in India** can also be affected by the USD/INR exchange rate, local market demand, liquidity and the spread between global and Indian market prices. **USD/INR Exchange Rate** Even if Bitcoin remains stable in dollar terms, a change in the rupee-dollar exchange rate can affect its INR value — meaning the Indian BTC price can move independently of the global USD price. **Local Demand and Market Spread** Indian market prices on exchanges like Unocoin can differ slightly from the global reference price depending on local supply, demand and liquidity conditions. **Tax Implications** Remember that all crypto gains in India are subject to a flat 30% tax plus 1% TDS — regardless of whether you are selling during a rally or a decline. **Volatility Reminder** Cryptocurrency prices can change rapidly. A move from $77,000 to $80,000 can happen quickly — but the reverse can happen just as quickly. Invest only what you can afford to lose. --- ## Key Takeaway — Bitcoin Price Today The current crypto market recovery has several encouraging signals. Bitcoin is approaching the psychologically important $80,000 level. Ethereum has reclaimed $2,400. Major altcoins are participating. Macroeconomic developments have improved the broader risk environment. But there are also reasons to remain cautious. A large part of Bitcoin’s immediate move was amplified by short liquidations — a sustained recovery requires continued demand after [leveraged](https://blog.unocoin.com/glossary/leverage/) positions have been cleared. The Most Important Question From Here Can Bitcoin hold the breakout and build a new support zone above its previous trading range? **If yes →** The latest move could become an important step in the broader crypto market recovery **If no →** Traders may look back at the $79,000 move as another short-term rally rather than a confirmed trend reversal Bitcoin’s combination of strength, Ethereum’s breakout, improving altcoin breadth, institutional flows and changing macro conditions makes the current rebound worth watching closely. But for investors tracking the **Bitcoin price today** — the headline number matters, and the behaviour around that number matters even more. Trade Bitcoin and Ethereum on India’s oldest crypto exchange. FIU-registered, KYC compliant, full INR support since 2013. [Trade on Unocoin →](https://unocoin.com/in/exchange/inr/btc) Disclaimer Cryptocurrency prices are highly volatile. This article is for informational and educational purposes only and should not be considered investment advice. Past price movements are not indicative of future results. Always conduct your own research and assess your risk before making any investment decision. Crypto products are unregulated as of this date in India. Please DYOR (Do Your Own Research). Related Guides on the Unocoin Blog →[What is Bitcoin?](https://blog.unocoin.com/what-is-bitcoin/)[ Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[How to Buy Cryptocurrency in India — Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[CPI Data and Crypto: How Inflation Reports Impact Bitcoin Markets](https://blog.unocoin.com/cpi-data-and-crypto/) →[How to Trade Cryptocurrency in India — Beginner’s Complete Guide](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-in-india-2026/) **Categories:** Blog, News **Tags:** Bitcoin Price Today, crypto market, Eth Price --- ### [Bitcoin SIP India (2026): Complete Beginner’s Guide to Bitcoin Investment](https://blog.unocoin.com/bitcoin-sip-india/) **Published:** May 26, 2026 **Author:** Unocoin Growth **Content:** Invest in Bitcoin SIP Systematically Without Timing the Market. Bitcoin has evolved from a niche digital asset into a globally recognised investment class. However, many new investors still hesitate to invest because of one major concern — volatility. This is where a Bitcoin SIP (Systematic Investment Plan) can help. Instead of trying to predict market highs and lows, a Bitcoin SIP allows investors to [buy Bitcoin in India ](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/)regularly in small amounts over time. This strategy helps reduce the impact of short-term price swings while building long-term exposure to Bitcoin. In this guide, we’ll explain: - [What is Bitcoin](https://blog.unocoin.com/what-is-bitcoin/) SIP? - How does it work? - Its advantages and risks - How much can you invest - Bitcoin SIP taxation in India - How to start a Bitcoin SIP on [Unocoin](https://www.unocoin.com/?utm_source=chatgpt.com) ## What Is Bitcoin SIP? A Bitcoin SIP is a method of investing a fixed amount of money into Bitcoin at regular intervals — daily, weekly, or monthly. It works similarly to mutual fund SIPs, but instead of investing in traditional assets, you invest in Bitcoin. For example: - ₹100 daily into Bitcoin - ₹1,000 weekly into Bitcoin - ₹5,000 monthly into Bitcoin The idea is simple: > “invest consistently over time instead of trying to time the market.” This strategy is also known globally as: - Dollar Cost Averaging (DCA) - Recurring Bitcoin investment ## How Does Bitcoin SIP Work? A Bitcoin SIP automatically purchases Bitcoin at predefined intervals using a fixed investment amount. ## Example Suppose you start ₹3,000 monthly Bitcoin SIP **Month 1:** Bitcoin price is high → you buy less BTC **Month 2:** Bitcoin price falls → you buy more BTC **Month 3:** Bitcoin price rises again → you buy less BTC Over time, this helps average your Bitcoin purchase cost. This strategy reduces emotional investing and market timing pressure. [Set up Bitcoin SBP Now!](https://unocoin.com/in/bitcoin?type=sbp) ## **Why Bitcoin SIP Is Becoming Popular in India?** Bitcoin SIPs are gaining popularity because they make Bitcoin investing: - Simpler - More disciplined - More affordable - Less stressful for beginners Many Indian investors prefer SIP-style investing because they are already familiar with mutual fund SIPs. Bitcoin SIP extends the same concept to digital assets. ## **Benefits of Bitcoin SIP** ### 1. Reduces Market Timing Risk One of the biggest challenges in crypto investing is market timing. Even experienced investors struggle to consistently buy at the lowest price. Bitcoin SIP reduces this problem by spreading purchases over time. ### 2. Makes Bitcoin Investing Affordable You do not need lakhs of rupees to invest in Bitcoin. Many platforms allow investments starting from small amounts. This makes Bitcoin accessible to: - Students - Salaried employees - FIrst-time investors ### 3. Encourages Disciplined Investing Regular investing helps build long-term habits instead of emotional decision-making. Investors avoid: - Panic buying - Panic selling - FOMO-driven decisions ### 4. Helps During Market Volatility Bitcoin markets can move sharply within short periods. SIP investing helps smooth out volatility because purchases happen consistently across different price levels. ### 5. Long-Term Wealth Creation Potential Historically, Bitcoin has outperformed many traditional asset classes over long periods, although past performance does not guarantee future returns. A disciplined SIP strategy allows investors to participate in long-term market growth gradually. ## **Bitcoin SIP vs Lump Sum Investment** Many beginners wonder whether SIP investing is better than investing a large amount at once. ![BItcoin SIP vs Lumpsum Investing which is better](https://blog.unocoin.com/wp-content/uploads/2026/05/ChatGPT-Image-May-26-2026-11_01_24-AM.jpg "BItcoin SIP vs Lumpsum Investing which is better | Unocoin Blog")Bitcoin SIP vs Lump sum Investing which is better## **Is Bitcoin SIP Safe?** Bitcoin SIP reduces timing risk, but Bitcoin itself remains a volatile asset. Investors should understand: - Bitcoin prices can fluctuate significantly - Short-term losses are possible - Crypto markets are highly dynamic However, SIP investing is generally considered less risky than making large one-time investments during volatile periods. ## **Risks of Bitcoin SIP** Every investment carries risks. - Market Volatility: Bitcoin prices can rise or fall sharply. - Regulatory Risk: Crypto regulations may evolve over time. - Emotional Investing: Some investors stop SIPs during market declines, which can hurt long-term discipline. - Platform Risk: Invest only through trusted platforms with strong security and compliance standards. ## **How Much Should You Invest in Bitcoin SIP?** There is no universal answer. The ideal amount depends on: - Your income - Financial goals - Risk appetite - Investment horizon Many beginners start small and gradually increase exposure over time. ## **Daily vs Weekly vs Monthly Bitcoin SIP** Different investors prefer different frequencies. SIPBest ForKey Benefit**Daily SIP**Investors seeking maximum averaging and disciplined accumulationHelps reduce short-term market timing risk**Weekly SIP**Investors looking for flexibility with regular investingBalanced approach between consistency and convenience**Monthly SIP**Salaried professionals and long-term investorsMost popular and easy-to-manage investment method## [Start Bitcoin SBP!](https://unocoin.com/in/bitcoin?type=sbp) ## **Bitcoin SIP Returns: What History Shows** Historically, long-term Bitcoin investors who consistently accumulated during market cycles often benefited from long-term price appreciation. A SIP strategy allows investors to: - Participate during bull markets - Accumulate during bear markets - Reduce emotional market timing To explore historical return scenarios, investors can use the [Unocoin Bitcoin price Calculator](https://unocoin.com/in/calculator/) ### Is Bitcoin Legal in India? Bitcoin trading and investing are legal in India, although cryptocurrencies are not considered legal tender. Indian investors should: - Use compliant platforms like Unocoin. - Maintain transaction records. - Understand tax obligations. Crypto regulations continue to evolve globally and in India. ## **Bitcoin SIP Taxation in India** Under current [Indian crypto taxation regulations](https://blog.unocoin.com/crypto-tax-in-india-2026/): - Profits from crypto assets attract 30% taxation - 1% TDS provisions apply in all transactions Tax rules may evolve over time, so investors should consult qualified tax professionals for updated crypto tax [guidance from RBI](https://www.rbi.org.in/). ## **How To Start a Bitcoin SIP on Unocoin** Starting a Bitcoin SIP on Unocoin is quick and beginner-friendly. Follow these simple steps to begin your systematic Bitcoin investment journey. ### Step 1: Create Your Account Sign up on [Unocoin](https://www.unocoin.com?utm_source=chatgpt.com) using your mobile number and email ID. ### Step 2: Complete KYC Verification Verify your identity by completing the KYC process to unlock deposits, withdrawals, and Bitcoin investments securely. ### Step 3: Deposit INR Add funds to your Unocoin wallet using UPI, IMPS, NEFT, or bank transfer. ### Step 4: Choose Your SIP Frequency Select how often you want to invest in Bitcoin: - Daily SIP - Weekly SIP - Monthly SIP Choose the frequency that matches your financial goals and investment style. ### Step 5: Set Your Investment Amount Enter the amount you want to invest regularly. You can start small and increase anytime later. ### Step 6: Start Your Bitcoin SIP Confirm your setup and start accumulating Bitcoin systematically over time #### **Who Should Consider Bitcoin SIP?** Bitcoin SIP may be suitable for: - long-term investors - beginners exploring crypto - investors seeking disciplined investing - users wanting gradual Bitcoin exposure #### **Common Mistakes to Avoid While Doing a Bitcoin SIP** Avoiding these common mistakes can help investors stay disciplined and build a stronger long-term Bitcoin investment strategy. #### 1. Investing Emotionally Many investors panic during short-term price drops or get overly excited during market rallies. **Avoid:** Making investment decisions based on fear, hype, or social media trends. **Instead:** Stick to your SIP strategy and focus on long-term accumulation. 2\. Overinvesting Bitcoin is a volatile asset class, and investing beyond your financial comfort zone can create unnecessary stress. **Avoid:** Allocating excessive portions of your savings into crypto. **Instead:** Invest only an amount that aligns with your financial goals and risk tolerance. 3\. Ignoring Security Security is one of the most important aspects of crypto investing. **Avoid:** Using unverified platforms or weak account security. **Instead:** Use trusted exchanges like [Unocoin](https://www.unocoin.com?utm_source=chatgpt.com) and enable: - Two-Factor Authentication (2FA) - Strong passwords - Email/mobile verification 4\. Stopping SIP During Market Declines Many investors stop investing when markets correct sharply. **Avoid:** Pausing your SIP due to temporary market fear. **Instead:** Understand that volatility is a normal part of Bitcoin markets. Historically, disciplined long-term investing has helped reduce emotional decision-making. ## **Frequently Asked Questions (FAQs)** 1. What is the minimum amount needed for a Bitcoin SIP? Many platforms allow small investments, making Bitcoin accessible to beginners. 2. Can I stop my Bitcoin SIP anytime? Yes, most SIP setups offer flexibility. 3. Is Bitcoin SIP profitable? Returns depend on market performance, investment duration, and consistency. 4. Is Bitcoin SIP risky? Bitcoin remains volatile, but SIP investing may reduce timing-related risk compared to lump sum investing. 5. Can beginners start Bitcoin SIP? Yes, SIP investing is often considered beginner-friendly because of its disciplined approach. [![Bitcoin SIP infographic showing disciplined Bitcoin investing through systematic investment plans on Unocoin with benefits like gradual exposure reduced emotional investing and long term wealth building](https://blog.unocoin.com/wp-content/uploads/2026/05/ChatGPT-Image-May-26-2026-11_29_10-AM-1024x682.jpg "Final Thoughts Why Bitcoin SIP Can Be a Smart LongTerm Strategy | Unocoin Blog")](https://unocoin.com/in/bitcoin?type=sbp)Start your Bitcoin SIP journey with Unocoin and build wealth systematically through disciplined long term investing--- # Need Help? Our support team is available to assist users throughout this transition Email: Official Unocoin Links: [Unocoin Official Links](https://linktr.ee/unocoin?utm_source=chatgpt.com) ## Disclaimer Crypto products are unregulated and may be highly volatile. Please understand the associated risks before investing. Users are strongly encouraged to DYOR (Do Your Own Research) before making any financial decisions. **Categories:** Blog --- ### [Crypto Tax in India 2026 The Complete Guide to 30% Tax, 1% TDS & ITR Filing](https://blog.unocoin.com/crypto-tax-in-india-2026/) **Published:** June 24, 2026 **Author:** Unocoin Growth **Excerpt:** Crypto tax in India 2026 explained — flat 30% tax on gains, 1% TDS on transactions, ITR filing via Schedule VDA, and crypto-to-crypto swap rules. Updated June 2026. | Unocoin **Content:** Key Takeaways — Crypto Tax in India 2026 ✔All crypto profits in India are taxed at a flat 30% rate — regardless of your income tax slab (FY 2026-27). ✔A 1% TDS is deducted on every crypto transaction above ₹10,000 per year (Section 194S). ✔Crypto losses cannot be offset against any other income — not even other crypto gains. ✔Crypto-to-crypto swaps (e.g., BTC to ETH) are taxable events — not just INR withdrawals. ✔All crypto income must be declared in your Income Tax Return (ITR) under Schedule VDA. ✔Unocoin automatically deducts TDS and provides downloadable trade history for tax filing. **In India, crypto is taxed at a flat 30% rate on all profits — plus 4% health and education cess — regardless of your income tax slab.** Additionally, a 1% TDS is deducted at source on every qualifying crypto transaction. These rules apply to Bitcoin, Ethereum, NFTs, and all Virtual Digital Assets (VDAs) under Section 115BBH and Section 194S of the Income Tax Act, effective from FY 2022-23 onwards. With the rising popularity of cryptocurrencies across India, tax compliance has become one of the most important responsibilities for every Indian crypto investor. Whether you are a first-time buyer or a seasoned trader, understanding your crypto tax obligations in 2026 is no longer optional — it is essential. Furthermore, the Indian government has made it clear that crypto income will be monitored through TDS, exchange reporting, and cross-referencing with Form 26AS. As a result, filing your taxes accurately and on time is more important than ever. This comprehensive guide covers everything you need to know — from the 30% flat tax and 1% TDS, to ITR filing, crypto-to-crypto swap taxation, and gifting rules. **Important Disclaimer:** This article is for educational and informational purposes only. It does not constitute tax or legal advice. Tax laws are subject to change — always consult a qualified Chartered Accountant or tax professional for personalised guidance on your crypto tax obligations in India. ## What is a Virtual Digital Asset (VDA) Under Indian Tax Law? [![Diagram showing what qualifies as a Virtual Digital Asset VDA under Section 247A of the Indian Income Tax Act including Bitcoin Ethereum NFTs and other cryptocurrencies subject to crypto tax in India 2026](https://blog.unocoin.com/wp-content/uploads/2025/05/What-Qualifies-as-a-VIRTUAL-DIGITAL-ASSET-VDA-Under-Section-247A-of-the-Income-Tax-Act-India-1.jpg "What Qualifies as a VIRTUAL DIGITAL ASSET VDA Under Section 247A of the Income Tax Act India 1 | Unocoin Blog")](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2026/what-qualifies-as-a-virtual-digital-asset-vda-under-section-247a-of-the-income-tax-act-india-1/)What Qualifies as a VIRTUAL DIGITAL ASSET VDA Under Section 247A of the Income Tax Act India**Under Section 2(47A) of the Income Tax Act, a Virtual Digital Asset (VDA) is broadly defined to cover all digital assets — including cryptocurrencies, NFTs, and any other digital representation of value.** This definition was introduced in the Union Budget 2022 and has been in effect since FY 2022-23. Specifically, the following are classified as VDAs and are subject to crypto tax in India 2026: •Cryptocurrencies — Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and all other digital coins •Non-Fungible Tokens (NFTs) — digital art, gaming assets, and collectibles on the blockchain •DeFi tokens — governance tokens, liquidity pool tokens, and yield-bearing assets •Any other digital assets notified by the Central Government from time to time **Definition (Section 2(47A)):** “Any information, code, number or token — not being Indian currency or foreign currency — generated through cryptographic means or otherwise, by whatever name called, providing a digital representation of value exchanged with or without consideration, with the promise or representation of having inherent value.” Notably, gift cards, loyalty points, and foreign currencies are not classified as VDAs and are therefore taxed under existing provisions rather than the crypto-specific tax rules. However, all cryptocurrencies traded on exchanges like Unocoin fall squarely within the VDA definition. ## How is Crypto Taxed in India in 2026? — The 30% Flat Tax Explained [![Infographic showing the 30 flat tax rate on crypto gains in India 2026 breakdown of tax calculation on Bitcoin and cryptocurrency profits under Section 115BBH of the Income Tax Act](https://blog.unocoin.com/wp-content/uploads/2025/05/What-Qualifies-as-a-VIRTUAL-DIGITAL-ASSET-VDA-Under-Section-247A-of-the-Income-Tax-Act-India-2.jpg "30percentcryptotaxindia2026section115bbh | Unocoin Blog")](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2026/what-qualifies-as-a-virtual-digital-asset-vda-under-section-247a-of-the-income-tax-act-india-2/)How the 30 crypto tax is calculated in India Section 115BBHUnder Section 115BBH of the Income Tax Act, any income arising from the transfer of a Virtual Digital Asset is taxed at a flat rate of 30% — plus 4% health and education cess — making the effective tax rate 31.2%. This rate is applied uniformly, regardless of the investor’s total income or the holding period of the asset. In other words, whether you earn ₹10,000 or ₹1 crore from crypto in a financial year, the same flat 30% rate is applied. Consequently, crypto is taxed at a higher rate than most other capital assets in India — including equity mutual funds, which attract a maximum long-term capital gains tax of 12.5%. Crypto Tax Calculation Example — FY 2026-27 Purchase Price ₹1,00,000 Sale Price ₹1,50,000 Net Profit (Taxable) ₹50,000 Tax @ 30% + 4% cess ₹15,600 Note: Only the cost of acquisition (₹1,00,000) can be deducted. No other expenses — transaction fees, internet costs, or mining costs — are deductible under the current rules. ### What Deductions Are Allowed Under Crypto Tax in India 2026? This is one of the most frequently misunderstood aspects of crypto taxation in India. The rules are strict and limited: Deduction TypeAllowed?Notes**Cost of Acquisition (purchase price)**YesOnly deduction permitted under Section 115BBHExchange / brokerage feesNoNot deductible against crypto incomeMining electricity / hardware costsNoExpressly disallowed under current rulesInternet / device costsNoNot considered deductible expensesLosses from crypto set-off against salaryNoCannot offset crypto losses against other incomeCarry forward of crypto lossesNoCrypto losses cannot be carried forward to future years **Critical Rule:** If you made a loss on one cryptocurrency (e.g., sold ETH at a loss), that loss **cannot be used to reduce the tax** on gains from another cryptocurrency (e.g., BTC profits). Each crypto transaction is treated independently for tax purposes. ## What is the 1% TDS on Crypto in India 2026? — Section 194S Explained [![nfographic explaining 1 TDS on crypto transactions in India under Section 194S showing which transactions attract TDS the ₹10000 threshold and how it is deducted by exchanges like Unocoin](https://blog.unocoin.com/wp-content/uploads/2025/05/What-Qualifies-as-a-VIRTUAL-DIGITAL-ASSET-VDA-Under-Section-247A-of-the-Income-Tax-Act-India-3.jpg "1percenttdscryptoindia2026section194s | Unocoin Blog")](https://blog.unocoin.com/crypto-tax-in-india-2026/what-qualifies-as-a-virtual-digital-asset-vda-under-section-247a-of-the-income-tax-act-india-3/)How the 1 TDS on crypto works in India Section 194S**Under Section 194S of the Income Tax Act, a 1% Tax Deducted at Source (TDS) is applicable on every crypto transaction that exceeds ₹10,000 in a financial year.** This TDS is deducted by the exchange at the time of the transaction — meaning Unocoin automatically deducts 1% TDS from qualifying trades on your behalf. It is important to understand that TDS is not the final tax — it is an advance tax deducted at source. The TDS amount is reflected in your Form 26AS and can be claimed as a credit when filing your Income Tax Return. However, if your total crypto gains result in a tax liability greater than the TDS deducted, the difference must be paid as advance tax or self-assessment tax. ### Which Crypto Transactions Attract TDS in India 2026? •**Exchange-based crypto trades** (buy/sell on Unocoin and other regulated Indian exchanges) •**Peer-to-peer (P2P) crypto trades** — TDS responsibility falls on the buyer •**NFT sales** — TDS is applicable on the transaction value •**Crypto-to-crypto swaps** — both parties may have TDS obligations TDS on Crypto — Quick Reference (FY 2026-27) TDS Rate 1% Threshold (General) ₹10,000/year Threshold (Specified Persons) ₹50,000/year Applicable From 1 July 2022 Who Deducts Exchange / Buyer Claimable In ITR / Form 26AS **Unocoin Tip:** Make sure your **PAN card is updated** on your Unocoin account. Without a valid PAN, TDS may be deducted at a higher rate of 20% instead of 1% — significantly increasing your tax outflow. ## Are Crypto-to-Crypto Swaps Taxable in India 2026? **Yes — crypto-to-crypto swaps are fully taxable in India.** Swapping one cryptocurrency for another (for example, exchanging Bitcoin for Ethereum, or ETH for SOL) is treated as a taxable transfer under Section 115BBH. The 30% flat tax and 1% TDS both apply, based on the fair market value of the asset at the time of the exchange. This is a common misconception among Indian crypto investors — many assume that tax is only triggered when crypto is sold for Indian Rupees. However, that is not the case. Any transfer of a VDA, including swaps, staking rewards, and DeFi yields, is considered a taxable event. Crypto Swap Tax Example You hold **0.1 ETH** purchased at ₹1,50,000. Today, you swap it for SOL when ETH is worth ₹2,00,000. **Taxable gain = ₹2,00,000 (FMV) − ₹1,50,000 (cost) = ₹50,000** **Tax payable = ₹50,000 × 30% + cess = ₹15,600** — even though no INR was received. ### Other Taxable Events for Crypto in India 2026 In addition to direct sales and swaps, the following activities are also considered taxable events under Indian crypto tax law: •[**Selling crypto for INR**](https://blog.unocoin.com/how-to-sell-crypto-in-india/) — the most obvious taxable event (30% on profit) •**Crypto-to-crypto swaps** — ETH to BTC, USDT to SOL, etc. •**NFT sales** — selling an NFT for crypto or fiat •**Using crypto to purchase goods/services** — treated as a sale at fair market value •**Receiving crypto as payment for services** — taxed as income at the value received •**Staking / DeFi yields** — taxable as income when received (subject to evolving guidance) ## How is Gifting Crypto Taxed in India? **Crypto received as a gift is taxable in India when its value exceeds ₹50,000 in a financial year.** In such cases, the full value of the crypto received is taxed under the head “Income from Other Sources” at the applicable income tax slab rate — not the flat 30% crypto rate. Gift ScenarioTaxableTax TreatmentGift from a **relative** (as defined under IT Act)NoNo tax — gifting between close relatives is exemptGift on the **occasion of marriage**NoFully exempt, regardless of valueGift from **non-relative**, value ≤ ₹50,000/yearNoBelow threshold — no taxGift from **non-relative**, value > ₹50,000/yearYesFull value taxed as “Income from Other Sources” at slab rate **Note for the Giver:** The person gifting crypto is not taxed on the transfer itself — there is no capital gains tax triggered for the giver at the time of gifting. However, when the recipient later sells the gifted crypto, the recipient will pay 30% tax on the profit (calculated from the original cost of acquisition). ## How to File Crypto Tax in Your ITR — Step-by-Step for 2026 **All crypto gains must be declared in your Income Tax Return (ITR) under Schedule VDA.** Failing to disclose crypto income is treated as tax evasion under Indian law and can attract penalties, interest, and in serious cases, prosecution. 1 Collect All Transaction Records Start here — before filing Download your complete trade history from Unocoin — including buy date, sell date, purchase price, sale price, fees paid, and TDS deducted. This data is essential for accurate tax calculation. Unocoin provides a downloadable transaction statement from your account dashboard. 2 Calculate Your Taxable Gains For each transaction separately For each crypto sale or swap, calculate: **Sale Price − Cost of Acquisition = Taxable Gain**. Apply 30% tax + 4% cess to each gain. Remember — losses cannot be used to offset gains. Tools like KoinX, TaxNodes, or CoinTracker can automate this calculation across hundreds of transactions. 3 Verify TDS in Form 26AS / AIS Cross-check before filing Log into the Income Tax e-filing portal and check your Form 26AS and Annual Information Statement (AIS). Ensure that all TDS deducted by Unocoin and other exchanges is correctly reflected. If there is a discrepancy, contact your exchange to rectify it before filing your ITR. 4 Choose the Correct ITR Form ITR-2 or ITR-3 for crypto Salaried individuals with crypto income should use **ITR-2**. If you also have business income or are self-employed, use **ITR-3**. Both forms include **Schedule VDA** — the dedicated section for declaring Virtual Digital Asset income introduced from AY 2023-24 onwards. 5 Fill in Schedule VDA Declare each transaction In Schedule VDA, you are required to enter: the name of the VDA, date of acquisition, date of transfer, cost of acquisition, sale consideration, and the resulting gain or loss. Each transaction is entered separately. The total VDA income is then carried forward to the relevant income schedule. 6 Pay Any Remaining Tax & File by Deadline 31 July for most individuals After claiming TDS credit, calculate if any additional tax is payable. If your crypto gains were significant, you may also need to pay **advance tax** during the financial year (by June, September, December, and March instalments). Submit your ITR on the Income Tax e-filing portal by **31 July 2026** for FY 2026-27. **Recommended Tools:** Platforms like **KoinX**, **TaxNodes**, and **CoinTracker** connect with your Unocoin account and automatically calculate your crypto tax liability — generating ITR-ready reports that can be handed directly to your CA. ## What is Form 26AS and How Does It Relate to Crypto Tax in India? **Form 26AS is your consolidated annual tax statement — it shows all TDS deducted on your behalf, advance taxes paid, and other tax-related information for a financial year.** For crypto investors, it is particularly important because all TDS deducted by exchanges like Unocoin under Section 194S is reflected here. Additionally, the **Annual Information Statement (AIS)** — introduced in 2021 — now also captures crypto transaction data reported by exchanges to the Income Tax Department. Consequently, even if you do not disclose your crypto income in your ITR, the IT Department may already have visibility into your transactions through AIS. How to Check Your Crypto TDS in Form 26AS ①Visit **incometax.gov.in** and log in with your PAN credentials ②Go to **e-File → Income Tax Returns → View Form 26AS** ③Select the relevant **Assessment Year** (AY 2026-27 for FY 2026-27) ④Look for **Section 194S** entries — these are your crypto TDS deductions from Unocoin ⑤Also check your **Annual Information Statement (AIS)** for crypto transaction details ## Top Crypto Tax Compliance Tips for Indian Investors in 2026 [![Checklist of crypto tax compliance tips for Indian investors in 2026 including maintaining transaction records using crypto tax software and filing ITR on time with Schedule VDA](https://blog.unocoin.com/wp-content/uploads/2025/05/What-Qualifies-as-a-VIRTUAL-DIGITAL-ASSET-VDA-Under-Section-247A-of-the-Income-Tax-Act-India-4.jpg "cryptotaxcompliancetipsindia2026investors | Unocoin Blog")](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2026/what-qualifies-as-a-virtual-digital-asset-vda-under-section-247a-of-the-income-tax-act-india-4/)Crypto tax compliance checklist for Indian investors FY 2026 27Navigating crypto tax in India 2026 may seem complex, but with the right habits and tools in place, compliance is entirely manageable. Here are the most important steps every Indian crypto investor should follow: 1. Maintain Detailed Transaction Records Keep a log of every transaction — buy/sell price, date, amount, wallet addresses, exchange used, and purpose. Most Indian exchanges like Unocoin provide downloadable trade summaries from your account. Furthermore, maintain records of any crypto received as income, gifts, or rewards. 2. Use Crypto Tax Software Manually calculating tax across hundreds of crypto transactions is error-prone. Tools like **KoinX**, **TaxNodes**, and **CoinTracker** automatically import your transaction history from Unocoin and other exchanges, apply the correct tax rules, and generate ITR-ready reports — saving you considerable time and reducing errors. 3. Pay Advance Tax if Required If your crypto tax liability exceeds ₹10,000 in a financial year, you are required to pay advance tax in four instalments — by June 15, September 15, December 15, and March 15. Failure to pay advance tax on time attracts interest under Sections 234B and 234C. 4. Update PAN on All Exchanges Your PAN must be linked and verified on every crypto exchange you use — including Unocoin. Without a valid PAN, TDS will be deducted at 20% instead of 1%. Additionally, your AIS and Form 26AS will not correctly reflect your TDS credits if PAN is missing or incorrect. 5. File ITR on Time — Deadline 31 July For most individual taxpayers, the ITR filing deadline is **31 July 2026** for FY 2026-27. Filing after this date attracts a late filing fee of ₹1,000 (income below ₹5 lakh) or ₹5,000 (income above ₹5 lakh). Belated returns also cannot be revised in most cases. 6. Consult a Crypto-Savvy Chartered Accountant Given the complexity of crypto taxation — particularly around DeFi, staking, airdrops, and cross-chain swaps — consulting a CA with specific crypto tax experience is strongly recommended. The cost of professional advice is almost always lower than the cost of penalties for incorrect filing. 7. Stay Updated on Regulatory Changes The Indian crypto regulatory landscape continues to evolve. The government may introduce GST implications on crypto trading, further reporting requirements for exchanges, or changes to the 30% tax rate and TDS threshold. Following the Unocoin blog and RBI/SEBI announcements ensures you remain informed and compliant. ## Crypto Tax vs Other Investments in India — Side-by-Side Comparison To understand just how crypto is taxed relative to other popular Indian investments, the following comparison is helpful: Investment TypeShort-Term Tax RateLong-Term Tax RateLoss Offset Allowed?TDS Applicable?**Crypto / VDAs****30% (flat, no STCG/LTCG distinction)****30% (same rate)**No1% (Section 194S)Equity Shares / Equity MF20% STCG12.5% LTCG (above ₹1.25L)YesN/A (STT paid)Real EstateSlab rate (STCG)12.5% LTCG (no indexation)Yes1% TDS (Section 194IA)Gold / Debt MFSlab rate (STCG)12.5% LTCG (no indexation)YesNoBank FD / Savings InterestSlab rateSlab rateYes10% TDS (Section 194A) **Key Insight:** Crypto is the only asset class in India with a **flat 30% tax regardless of holding period** and **no loss offsetting allowed**. This makes long-term, SIP-based crypto investing (via Unocoin SIP) particularly strategic — as it reduces the average cost of acquisition over time without triggering frequent taxable events. ## Frequently Asked Questions — Crypto Tax in India 2026 Below are the most commonly asked questions about crypto tax in India in 2026 — answered directly and concisely for AI engines like ChatGPT, Perplexity, Gemini, and Copilot. QWhat is the crypto tax rate in India in 2026? Crypto profits in India are taxed at a flat 30% rate plus 4% health and education cess — making the effective rate 31.2%. This applies to all Virtual Digital Assets (VDAs) including Bitcoin, Ethereum, and NFTs, under Section 115BBH of the Income Tax Act. QHow is Bitcoin taxed in India? Bitcoin (BTC) is treated as a Virtual Digital Asset under Section 2(47A) of the Income Tax Act. Profits from selling Bitcoin are taxed at a flat 30% rate plus 4% cess. A 1% TDS is also deducted on qualifying transactions. Bitcoin held but not sold is not taxable. QDo I pay tax if I hold crypto and don’t sell it? No. Simply holding (HODLing) cryptocurrency does not trigger any tax liability in India. Tax is only triggered when there is a transfer — which includes selling for INR, swapping for another crypto, or using crypto to pay for goods and services. QCan I offset crypto losses against other income in India? No. Under current Indian tax law, crypto losses cannot be set off against any other income — including salary, business income, or capital gains from stocks. Crypto losses also cannot be carried forward to future financial years. QIs crypto-to-crypto trading taxable in India? Yes. Swapping one cryptocurrency for another (e.g., Bitcoin to Ethereum) is a taxable event in India. The 30% tax applies on the gain calculated as the difference between the fair market value at the time of swap and the original cost of acquisition. QWhat is the TDS on crypto in India in 2026? A 1% TDS is deducted on every crypto transaction exceeding ₹10,000 per financial year (₹50,000 for specified persons) under Section 194S. This TDS is deducted by the exchange (like Unocoin) and reflected in your Form 26AS, where it can be claimed as a credit in your ITR. QWhich ITR form should I use to declare crypto income? Salaried individuals with crypto income should use ITR-2. If you also have business income, use ITR-3. Both forms include Schedule VDA — the dedicated section for declaring Virtual Digital Asset income. Do not file ITR-1 (Sahaj) if you have any crypto income. QDo I need to pay tax if I received crypto as a gift? Crypto received as a gift is taxable under “Income from Other Sources” if its value exceeds ₹50,000 in a financial year — unless received from a relative or on the occasion of marriage. The full value (not just the profit) is taxable at your applicable income slab rate. QDoes Unocoin automatically deduct TDS on my trades? Yes. As a registered exchange, Unocoin automatically deducts 1% TDS on qualifying crypto transactions and deposits it with the government on your behalf. The deducted TDS is reflected in your Form 26AS and can be claimed back as a tax credit when filing your ITR. QWhat happens if I don’t declare crypto income in my ITR? Failing to declare crypto income is treated as tax evasion under Indian law. The Income Tax Department receives transaction data from exchanges via AIS. Undisclosed crypto income can attract a penalty of up to 200% of tax due, interest under Sections 234A/B/C, and in serious cases, prosecution under Section 276CC. ## The Bottom Line — Crypto Tax in India 2026 Crypto taxation in India may seem complex at first, but with a clear understanding of the rules and the right habits in place, it is entirely manageable. The key principles are straightforward: a flat 30% tax on all profits, 1% TDS on qualifying transactions, no loss offsetting, and mandatory disclosure in your ITR under Schedule VDA. Furthermore, as the Indian crypto ecosystem matures and the Income Tax Department continues to expand its monitoring infrastructure — through AIS, exchange reporting mandates, and international data sharing — tax compliance is becoming increasingly non-negotiable for every Indian crypto investor. The most tax-efficient approach for most Indian crypto investors is a **long-term, disciplined investment strategy** — such as a Bitcoin SIP on Unocoin — that minimises frequent taxable events while steadily building a position over time. Ultimately, being tax-aware is not just about compliance. It is about making smarter, more informed investment decisions. Disclaimer This article is for educational and informational purposes only and does not constitute tax, legal, or investment advice. Crypto tax laws in India are subject to change. Always consult a qualified Chartered Accountant or tax professional for advice specific to your situation. Unocoin is not responsible for any tax decisions made based on this content. *Crypto products are unregulated as of this date in India. They could be highly volatile. Please DYOR (Do Your Own Research) before investing.* Need your Unocoin transaction history for tax filing? Download your complete trade history from your Unocoin account dashboard — ready for your CA or tax software. [Login to Unocoin — Download Your Tax Statement →](https://unocoin.com) Related Guides on the Unocoin Blog →[How to Buy Crypto in India — 7-Step Guide (2026)](https://blog.unocoin.com/how-to-sell-crypto-in-india/) →[How to Sell Crypto in India (2026)](https://blog.unocoin.com/how-to-sell-crypto-in-india/) →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[Is Crypto Legal in India? RBI, SEBI & FIU-IND Regulations Explained](https://blog.unocoin.com/is-crypto-legal-india/) →[Bitcoin SIP India — Invest Automatically from ₹100/Week](https://blog.unocoin.com/bitcoin-sip-india/) →[What is Blockchain? Simple Explanation for Indian Beginners](https://blog.unocoin.com/what-is-blockchain/) **Categories:** Blog, Featured **Tags:** Crypto tax India 2026, Cryptocurrency, Indian crypto tax --- ### [Pi Coin Price in India Today — 1 PI Coin Value in Indian Rupees (INR)](https://blog.unocoin.com/pi-coin-price-in-india/) **Published:** October 14, 2025 **Author:** Unocoin Growth **Excerpt:** If you're looking for the Pi Coin price in India or wondering 1 PI Coin value in Indian rupees (INR) As of now, 1 Pi = ₹8.50 INR*. The price may vary. **Content:** If you’re looking for the Pi Coin price in India or wondering about the 1 PI Coin value in Indian rupees (INR), you’ve landed on the right page. This guide provides live price updates, conversion tables, trends, and insights to help Indian investors understand the current market for Pi Network’s native token — PI.## Live Pi Coin Price in India (PI to INR) As of now, **1 Pi Coin = ₹8.50 INR\*** (approximate value). \*Note: Pi Network is still in early phases; its price varies across exchanges. Always verify on official crypto trackers before trading. **Quick links:** - [Check Live PI to INR — CoinGecko](https://www.coingecko.com/en/coins/pi-network/inr) - [CoinMarketCap: Pi to INR](https://coinmarketcap.com/currencies/pi/pi/inr/?utm_source=unocoin_blog) ## 1 PI Coin Value in Indian Rupees (Conversion Table) Amount (PI)Value in INR1 PI₹8.505 PI₹42.510 PI₹8550 PI₹425100 PI₹850⚠️ Prices are subject to market fluctuations. ## What Is Pi Coin and the Pi Network? Pi Coin (PI) is the native cryptocurrency of the Pi Network — a mobile-based blockchain project allowing users to “mine” or earn PI through mobile verification. Launched by Stanford graduates, the Pi Network’s vision is to create a decentralised digital economy accessible to everyone. The project aims to empower users globally, especially in regions like India, where mobile-first access can drive mainstream crypto adoption. ## Historical Price Trend — Pi to INR - **7-day range:** ₹7.8 – ₹8.40 INR - **30-day trend:** High volatility between ₹9.4–8.40 INR - **2025 overview:** The token remains speculative due to limited exchange listings. [![PI network YTD vchart](https://blog.unocoin.com/wp-content/uploads/2025/10/PI-network-YTD-vchart.png "PI network YTD vchart | Unocoin Blog")](https://blog.unocoin.com/pi-coin-price-in-india/pi-network-ytd-vchart/)Pi coin live chart in inr updated 2026 june## Factors Affecting Pi Coin Price in India - **Exchange Listings:** Limited listings reduce liquidity and affect INR pricing. - **Demand vs. Supply:** More active miners or traders can influence the Pi to INR rate. - **INR Exchange Rate:** The strength of the rupee against USD impacts overall conversion. - **Network Utility:** As Pi Network launches real-world applications, value may rise. - **Regulatory News:** India’s crypto taxation or RBI policies often influence sentiment. ## How to Track Pi Coin Value in INR 1. Use crypto data aggregators like CoinMarketCap or CoinGecko. 2. Set Google Alerts for “Pi Coin price in India” to stay updated. 3. Follow verified Pi Network communities on Telegram and X (Twitter). 4. Use INR-based P2P crypto exchanges cautiously for conversion. ## Frequently Asked Questions ### 1. What is 1 Pi Coin worth in Indian Rupees today? As of now, **1 Pi = ₹8.50 INR\***. The price may vary daily depending on the market and listings. ### 2. Why do different websites show different Pi prices? Since Pi Network has not been fully launched on all exchanges, some prices are estimated from internal or peer-to-peer markets. ### 3. Can I buy Pi Coin with INR directly? Currently, not on major Indian exchanges. However, some platforms offer Pi/USDT pairs; you can convert INR → USDT → PI. ### 4. Is Pi a good investment? It’s speculative. Consider Pi as an early-stage crypto asset with high potential but uncertain liquidity. Always DYOR (Do Your Own Research). ### 5. Will Pi Coin reach ₹100 or ₹1000 in India? Predictions vary widely. If Pi Network gains real-world utility and listings, the price could rise — but these are projections, not guarantees. ## Conclusion — Should You Track Pi Coin Price in India? Yes — especially if you are part of the Pi mining community or a crypto enthusiast in India. Monitoring **Pi Coin price in India** and understanding the **1 PI Coin value in Indian rupees** helps you make informed decisions when trading or investing. **Bookmark this page** or follow [Unocoin](https://www.unocoin.com) for real-time crypto prices, expert blogs, and INR conversion updates. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin)Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [How Does Bitcoin Work? Blockchain, Mining & Transactions](https://blog.unocoin.com/how-does-bitcoin-work/) **Published:** August 31, 2026 **Author:** Unocoin Growth **Excerpt:** Ever wondered what happens when you send Bitcoin? Learn how Bitcoin transactions move through the network, how miners verify them, and how the blockchain records them. **Content:** [Home](https://blog.unocoin.com/) ›How Does Bitcoin Work?Table of Contents 1. [How Does Bitcoin Work in Simple Terms?](#simple-terms) 2. [The 5 Main Components That Make Bitcoin Work](#5-components) 3. [How Does a Bitcoin Transaction Work? — 8 Steps](#transaction-steps) 4. [What Is the Bitcoin Blockchain?](#blockchain) 5. [How Does Bitcoin Mining Work?](#mining) 6. [What Are Bitcoin Nodes?](#nodes) 7. [How Does Bitcoin Prevent Double Spending?](#double-spending) 8. [How Long Does a Bitcoin Transaction Take?](#transaction-time) 9. [What Happens When You Send or Receive Bitcoin?](#send-receive) 10. [Is Bitcoin Really Decentralised?](#decentralised) 11. [Bitcoin Explained With a Simple Example](#example) 12. [Bitcoin vs Traditional Bank Transfers](#vs-bank) 13. [What Makes Bitcoin Secure?](#security) 14. [Frequently Asked Questions](#faq) **How does Bitcoin work?** Bitcoin uses a combination of blockchain technology, cryptography, a distributed network of computers, and Proof of Work mining to process and record transactions — without a central bank or payment company. When you send Bitcoin, your wallet signs the transaction, nodes verify it, miners add it to a block, and the blockchain records it permanently. Bitcoin is often described as digital money, but what actually happens when you send Bitcoin to someone? Unlike a bank transfer, there is no central bank or payment company processing the transaction. Instead, Bitcoin uses a combination of blockchain technology, cryptography, a distributed network of computers, and Proof of Work mining to process and record transactions. In simple terms, Bitcoin works by allowing users to send value directly to one another while the network independently verifies those transactions and records them on a public blockchain. **New to Bitcoin?** Before diving into how Bitcoin works, start with our complete guide on [What Is Bitcoin? ](https://blog.unocoin.com/what-is-bitcoin/)[→](https://blog.unocoin.com/what-is-bitcoin/) to understand what Bitcoin is, why it was created, and why it has value. This article focuses specifically on what happens behind the scenes when Bitcoin is used. ## How Does Bitcoin Work in Simple Terms? Bitcoin works through a decentralised network of computers that all follow the same set of rules. Here is the straightforward version of how a Bitcoin transaction happens: Create Transaction → Broadcast → Verify → Select for Block → Mine → Add to Blockchain → Confirm That is the basic answer to the question *“How does Bitcoin work?”* — but each step involves an important piece of technology that is worth understanding in detail. ## The 5 Main Components That Make Bitcoin Work Bitcoin doesn’t depend on a single technology. Several components work together to keep the network operating securely and without a central authority. 1 The Bitcoin Network The Bitcoin network is a peer-to-peer network made up of computers connected to one another around the world. There is no central Bitcoin server that controls the entire system. Instead, participants communicate directly with one another and independently follow the Bitcoin protocol. This distributed structure means Bitcoin does not depend on one company or institution to maintain a single database. 2 Bitcoin Wallets and Cryptographic Keys A Bitcoin wallet allows you to manage your Bitcoin and create transactions. Technically, Bitcoin itself is not stored inside a wallet — ownership is represented through information recorded on the blockchain, while your wallet manages the cryptographic keys needed to access and spend those funds. Public Address The information you share when you want someone to send you Bitcoin. Think of it like your bank account number — safe to share. Private Key A secret cryptographic key used to authorise transactions. It should never be shared — whoever holds it controls the Bitcoin. 3 Bitcoin Transactions A Bitcoin transaction records the movement of Bitcoin from one set of addresses to another. When you initiate a transaction, your wallet creates the transaction details and signs them using your private key. The transaction is then broadcast to the Bitcoin network, where it is checked and eventually becomes part of the blockchain. 4 Bitcoin Nodes Nodes are computers that participate in the Bitcoin network. They receive transactions and blocks, verify them against Bitcoin’s rules and share valid information with other nodes. Some nodes maintain a complete copy of the blockchain and independently verify the network’s entire history. Nodes are important because they help prevent any single party from deciding which transactions are valid. 5 Bitcoin Miners Bitcoin miners are specialised participants that compete to add new blocks to the blockchain. They collect valid transactions and attempt to solve a computational challenge as part of Bitcoin’s Proof of Work system. The miner that successfully produces a valid block receives the block reward and transaction fees. After the April 2024 Bitcoin halving, the block subsidy is **3.125 BTC per block**, designed to decrease over time through Bitcoin’s halving schedule. ## How Does a Bitcoin Transaction Work? — 8 Steps [![Bitcoin transaction process from wallet to blockchain](https://blog.unocoin.com/wp-content/uploads/2026/08/Figure-2.png "bitcointransactionlifecyclewallettoblockchain | Unocoin Blog")](https://blog.unocoin.com/how-does-bitcoin-work/figure-2/)A Bitcoin transaction lifecycle from wallet creation through node verification to blockchain confirmationLet’s follow exactly what happens when you send Bitcoin to another person — step by step. 1 You Create a Transaction In your Bitcoin wallet Suppose you want to send 0.01 BTC to another Bitcoin address. You enter the recipient’s address and the amount in your wallet. Your wallet creates a transaction that specifies which Bitcoin outputs are being spent and where the resulting Bitcoin should go. 2 Your Wallet Signs the Transaction Using your private key Your wallet uses your private key to digitally sign the transaction. This signature allows the network to verify that the person attempting to spend the Bitcoin has the authority to do so. Crucially, **your private key itself is never sent to the Bitcoin network** — only the digital signature is. 3 The Transaction Is Broadcast To the peer-to-peer network Once signed, the transaction is broadcast to Bitcoin’s peer-to-peer network. Other nodes receive the transaction and begin checking whether it follows the rules of the Bitcoin protocol. 4 Nodes Verify the Transaction Against Bitcoin’s consensus rules Nodes check several things before accepting the transaction. For example, they verify that: ✓The transaction is correctly formatted ✓The digital signature is valid ✓The Bitcoin being spent is available ✓The same Bitcoin has not already been spent (double-spend check) ✓The transaction follows Bitcoin’s consensus rules 5 The Transaction Waits in the Mempool The unconfirmed transaction waiting area Valid transactions that have not yet been included in a block wait in a temporary pool commonly called the **mempool**. Think of the mempool as a waiting area for transactions before they are packaged into a block. The transaction is not yet permanently recorded on the blockchain at this stage. 6 Miners Select Transactions Building a candidate block Bitcoin miners select transactions from the available pool and assemble them into a candidate block. Transactions generally include fees, and miners have an incentive to include transactions that offer attractive fees relative to the space they consume in a block. The miner then attempts to produce a valid Proof of Work for that block. 7 The Block Is Added to the Blockchain First confirmation — transaction recorded When a miner finds a valid block, it is broadcast to the network. Other nodes independently verify the block. If the block follows Bitcoin’s rules, nodes accept it and add it to their copy of the blockchain. Your transaction now has its **first confirmation** and is permanently recorded. 8 Additional Confirmations Increase Confidence Each new block adds another confirmation Once included in a block, the transaction receives one confirmation. Each subsequent block added after it adds another confirmation. 1Block containing your transaction = 1 confirmation 2One additional block after = 2 confirmations 6+Most recipients consider 6 confirmations highly settled The more blocks built on top of the transaction’s block, the more computational work would be required to reorganize that part of the blockchain. For larger transactions, users may wait for multiple confirmations. ## What Is the Bitcoin Mempool?? The Bitcoin mempool, short for “memory pool,” is a temporary waiting area for valid Bitcoin transactions that have been broadcast to the network but have not yet been included in a block. When you send Bitcoin, your transaction does not immediately become part of the blockchain. After the transaction is broadcast, Bitcoin nodes verify it against the network’s rules. If it is valid, it can be accepted into a node’s mempool and relayed to other nodes. You can think of the mempool like a waiting room: **Bitcoin transaction → Node verification → Mempool → Miner → Block → Blockchain** The mempool is not one single global database. Each Bitcoin node can maintain its own local mempool, so the transactions and their order can differ between nodes. #### What Happens to a Bitcoin Transaction in the Mempool? Once a valid transaction is in the mempool, it waits to be included in a future block. Miners select transactions from the transactions available to them and assemble them into candidate blocks. Transaction fees are one factor miners consider when deciding which transactions to include, particularly when block space is limited. Once a miner successfully produces a valid block containing the transaction and the network accepts that block, the transaction moves from being unconfirmed to having its first blockchain confirmation. #### **Does the Mempool Store Bitcoin?** No. The mempool does not store Bitcoin. It temporarily stores information about **unconfirmed transactions** waiting to be included in a block. Bitcoin ownership and transaction history are recorded on the blockchain. The mempool is simply part of the process through which transactions move from being created to becoming confirmed blockchain records. #### **How Long Does a Bitcoin Transaction Stay in the Mempool?** There is no fixed amount of time. A transaction could be included in a block relatively quickly, while another may remain unconfirmed for longer depending on factors such as network activity, available block space, transaction fee rates and miner selection. If a transaction remains unconfirmed for too long, its treatment can also depend on individual node policies and wallet or service behaviour. Once the transaction is included in an accepted block, it is no longer considered merely an unconfirmed mempool transaction. #### **Mempool vs Blockchain: What’s the Difference?** The simplest way to remember the difference is: **Mempool = transactions waiting to be confirmed** **Blockchain = confirmed transaction history** The mempool is temporary and can vary from one node to another. The blockchain is the shared, persistent record that forms Bitcoin’s transaction history. This distinction is important because seeing a transaction in a wallet or on a blockchain explorer does not necessarily mean that it has already received a blockchain confirmation. ## What Is the Bitcoin Blockchain? [![Bitcoin block containing transactions linked to the previous block](https://blog.unocoin.com/wp-content/uploads/2026/08/Figure-3.png "bitcoinblockstructureblockchaindiagram | Unocoin Blog")](https://blog.unocoin.com/how-does-bitcoin-work/figure-3/)Each Bitcoin block contains transactions and a cryptographic reference to the block before it forming the blockchainThe Bitcoin blockchain is a **public, chronological record of Bitcoin transactions**. It consists of a sequence of blocks, with each block containing transaction data and cryptographic information that connects it to the previous block. You can think of it like a continuously growing chain of digital records. Each new block points back to the previous block through cryptographic data, making it extremely difficult to change historical information without also affecting all subsequent blocks. ### What Is a Bitcoin Block? A Bitcoin block is a collection of transactions that has been accepted into the blockchain. A block contains: •Transactions •A reference to the previous block •A timestamp •A cryptographic commitment •Information used in the Proof of Work process Blocks are added to the Bitcoin blockchain approximately **every 10 minutes on average** — though the actual time between individual blocks can vary based on network conditions and the number of miners actively competing. ### Why Is the Blockchain Difficult to Change? Bitcoin does not make historical transactions impossible to alter through a simple “lock” on the database. Instead, its security comes from the combination of **cryptographic linking, network consensus and Proof of Work**. Changing an old transaction would require an attacker to reproduce the necessary Proof of Work for that block *and* catch up with the honest chain while competing against the rest of the network simultaneously. **This is one of the reasons Bitcoin’s blockchain becomes increasingly difficult to rewrite as more blocks are added.** ## How Does Bitcoin Mining Work? [![How Bitcoin mining uses Proof of Work to add new blocks](https://blog.unocoin.com/wp-content/uploads/2026/08/Figure-4.png "bitcoinminingproofofworkdiagram | Unocoin Blog")](https://blog.unocoin.com/how-does-bitcoin-work/figure-4/)Bitcoin miners compete using Proof of Work to add new blocks to the blockchain and earn the block rewardBitcoin mining is the process used to add new blocks to the blockchain through Proof of Work. Despite the name, [Bitcoin mining](https://blog.unocoin.com/bitcoin-mining/) does not involve finding physical Bitcoin. Instead, miners use specialised computers to compete in a computational process. ### What Do Bitcoin Miners Actually Do? The Bitcoin Miner’s Process 1Collect valid transactions from the mempool 2Build a candidate block from those transactions 3Construct the required block header information 4Search for a valid Proof of Work — the computationally expensive step 5Broadcast the block if a valid solution is found 6Receive the block reward and eligible transaction fees if the block is accepted ### What Is Proof of Work? Proof of Work is Bitcoin’s consensus mechanism. Miners repeatedly change a value in the block header and calculate cryptographic hashes until they find a result that satisfies the network’s current difficulty requirement. There is no shortcut — a miner cannot simply calculate the answer directly. The Key Asymmetry of Proof of Work FINDING a valid Proof of Work ⛏️ Computationally expensive Billions of attempts required VERIFYING a valid Proof of Work ✅ Comparatively easy Any node can check instantly ### How Do Bitcoin Miners Earn Bitcoin? Block Subsidy Newly issued Bitcoin included in the block reward. Currently **3.125 BTC per block** after the April 2024 halving. Decreases over time through Bitcoin’s halving schedule. Transaction Fees Fees paid by users whose transactions are included in the block. Will eventually become miners’ primary compensation once the block subsidy reaches zero. Want to invest in Bitcoin without worrying about mining? Unocoin’s [Bitcoin SIP](https://blog.unocoin.com/bitcoin-sip-india/) lets you invest automatically from ₹100 per week — no mining hardware required. ## What Are Bitcoin Nodes? A Bitcoin node is a computer that participates in the Bitcoin network and helps enforce the rules of the protocol. Nodes independently verify transactions and blocks. This is an important distinction: Miners **Propose blocks they perform Proof of Work and attempt to add new blocks to the chain.** Nodes **Verify blocks they check whether proposed blocks follow Bitcoin’s consensus rules and can reject invalid ones.** A miner cannot simply create an invalid transaction and force the Bitcoin network to accept it. If a proposed block violates Bitcoin’s consensus rules, nodes reject it. This separation between mining and validation is a fundamental part of Bitcoin’s decentralised design. ## How Does Bitcoin Prevent Double Spending? One of the biggest challenges in creating digital money is preventing someone from spending the same unit twice. With physical cash, handing a ₹500 note to someone means you no longer have that physical note. Digital information can normally be copied — so how does Bitcoin solve this? Bitcoin’s Double-Spend Solution 1When a transaction is broadcast, nodes check whether the Bitcoin being spent is available and has not already been spent in an accepted transaction 2The blockchain provides a shared transaction history that the entire network can use to determine which spending is valid 3Once a transaction is confirmed in a block, the network consensus makes it extremely difficult to invalidate it and attempt the same spend again ## How Long Does a Bitcoin Transaction Take? Bitcoin blocks are targeted to arrive approximately every 10 minutes on average. However, that does not mean every Bitcoin transaction takes exactly 10 minutes. The actual time depends on several factors: →Network conditions and congestion at the time of sending →Transaction fee — higher fees are typically prioritized by miners →When the transaction is selected by a miner for the next block →How many confirmations the recipient requires before releasing goods or services A transaction may be visible on the network almost immediately — but it is not permanently settled until it receives its first block confirmation. For smaller everyday transactions, many exchanges and wallets consider 1–3 confirmations sufficient. For larger transactions, 6+ confirmations is a common standard. ## What Happens When You Send or Receive Bitcoin? Here is the entire Bitcoin transaction process in one clear view — from the moment you send to the moment it is permanently confirmed: Complete Bitcoin Transaction Flow — Sender to Blockchain STEP 1You enter the recipient’s Bitcoin address and amount in your wallet STEP 2Your wallet creates the transaction STEP 3Your private key digitally signs the transaction (without revealing the key) STEP 4The transaction is broadcast to the Bitcoin peer-to-peer network STEP 5Nodes verify the transaction against Bitcoin’s consensus rules STEP 6Valid transaction waits in the mempool (unconfirmed transactions pool) STEP 7A miner selects the transaction and includes it in a candidate block STEP 8Miner completes Proof of Work and broadcasts the new block STEP 9Nodes independently verify the block and accept it STEP 10The block is added to the blockchain — transaction receives its first confirmation ✓ STEP 11Each additional block added after it provides another confirmation — increasing settlement finality ✓✓✓ ## Is Bitcoin Really Decentralised? Bitcoin is designed so that no single organization needs to control the network. Different participants perform different roles — and no one role controls all the others. Users Create and receive transactions Wallets Manage keys and create signed transactions Nodes Verify transactions and blocks against consensus rules Miners Compete to add new blocks using Proof of Work **Important distinction:** Decentralization is not the same thing as saying Bitcoin has no rules. Bitcoin operates according to a set of protocol rules that participating nodes independently verify — the rules are decentralised, not absent. ## Bitcoin Explained With a Simple Example Rahul Sends 0.01 BTC to Priya ①Rahul opens his Bitcoin wallet and enters Priya’s Bitcoin address ②His wallet creates the transaction and signs it using Rahul’s private key ③The transaction is broadcast across the Bitcoin network ④Nodes verify Rahul has the Bitcoin available and the transaction is valid ⑤The transaction enters the mempool — waiting for a miner ⑥A miner includes it in a candidate block and finds a valid Proof of Work ⑦Nodes verify and accept the block — it is added to the blockchain ⑧Priya’s transaction now has its first confirmation — no bank approval required at any step That is the basic mechanism that allows Bitcoin to operate as a **peer-to-peer digital payment network** — without any bank, payment processor or central authority involved at any stage. ## Bitcoin vs Traditional Bank Transfers The easiest way to understand Bitcoin’s architecture is to compare it with the system most people already know — a traditional bank transfer. See our detailed [Bitcoin vs Ethereum](https://blog.unocoin.com/bitcoin-vs-ethereum/) guide for a comparison of the two largest cryptocurrencies. FeatureBitcoinTraditional BankTransaction recordPublic blockchainBank’s private ledgerCentral authorityNone requiredBank / payment systemValidationDistributed network participantsBank / payment providerTransaction availability24/7 — always openDepends on banking hoursNew monetary unitsProtocol-defined issuance — fixed max 21M BTCCentral bank controlledSecurity modelCryptography + consensus + Proof of WorkInstitutional controls + banking infrastructure Bitcoin replaces the need for a central ledger operator with a distributed network that independently verifies transactions according to predefined, transparent rules. Ready to buy your first Bitcoin? Read our complete guide on [How to Buy Bitcoin in India →](https://blog.unocoin.com/how-to-buy-crypto-india/) — covering everything from account setup to your first trade on Unocoin. ## What Makes Bitcoin Secure? Bitcoin’s security comes from several mechanisms working together — not from a single technology. It is this combination that makes the system robust: **Cryptography** Digital signatures prove that a transaction was authorised by the holder of the relevant private key — without revealing that key to anyone. **Decentralization** Many independent participants verify and relay transactions globally — there is no single point of failure that can be targeted or shut down. **Proof of Work** Mining makes adding blocks computationally expensive — making it extremely costly to attack or rewrite the blockchain’s history. **Blockchain Structure** Blocks are cryptographically linked — changing any historical block would require recalculating all subsequent blocks while outpacing the rest of the network. **Consensus Rules** Nodes independently verify whether transactions and blocks follow Bitcoin’s rules — ensuring no single miner or group can change what is valid. Key Takeaway: How Does Bitcoin Work? Your wallet creates and signs the transaction Nodes verify the transaction against consensus rules Miners add verified transactions to blocks using Proof of Work The blockchain permanently records the transaction — visible to anyone The next time you send Bitcoin, you’re not simply moving a digital coin from one app to another. You’re creating a cryptographically signed transaction that travels through a global network, gets verified, is included in a block and **becomes part of Bitcoin’s permanent shared transaction history.** **Continue Learning:** For a broader introduction to Bitcoin — including what Bitcoin is, why it was created, how its supply works and why people assign value to it — read our complete guide: [What Is Bitcoin?](https://blog.unocoin.com/what-is-bitcoin/)[ A Simple Guide for Indians →](https://blog.unocoin.com/what-is-bitcoin/) ## Frequently Asked Questions About How Bitcoin Works QHow does Bitcoin work for beginners? Bitcoin allows people to transfer digital value through a decentralised network — without a bank or payment company. Transactions are digitally signed using private keys, verified by nodes, added to blocks by miners through Proof of Work, and permanently recorded on the public blockchain. QHow does a Bitcoin transaction work? A Bitcoin transaction is created by the sender’s wallet, digitally signed using their private key, broadcast to the network, verified by nodes, selected by a miner, included in a block through Proof of Work, and then accepted by the network — at which point it receives its first confirmation on the blockchain. QHow does Bitcoin mining work? Bitcoin mining uses Proof of Work. Miners use specialised computers to repeatedly calculate cryptographic hashes until they find a valid result for a new block. The successful miner receives the block subsidy (currently 3.125 BTC) and transaction fees if the block is accepted by the network. QWhat is the Bitcoin blockchain? The Bitcoin blockchain is a public, chronological record of Bitcoin transactions organised into blocks. Each block is cryptographically linked to the one before it and secured by network consensus and Proof of Work — making historical records extremely difficult to alter. QWhat are Bitcoin nodes? Bitcoin nodes are computers that participate in the Bitcoin network and independently verify transactions and blocks against Bitcoin’s protocol rules. They are distinct from miners — miners propose blocks, while nodes verify whether those blocks follow the rules and can reject invalid ones. QHow long does a Bitcoin transaction take? Bitcoin targets an average block interval of approximately 10 minutes, but a transaction may take longer depending on network congestion, the fee attached, and when it is included in a block. Additional confirmations take additional blocks — most exchanges consider 3–6 confirmations sufficient for standard transactions. QWhat is Proof of Work in Bitcoin? Proof of Work is Bitcoin’s consensus mechanism. It requires miners to perform extensive computational work to produce valid blocks — making it costly to attack or rewrite the blockchain. Finding a valid Proof of Work is difficult; verifying one is comparatively easy. This asymmetry is fundamental to Bitcoin’s security. QCan Bitcoin transactions be reversed? Confirmed Bitcoin transactions generally cannot simply be reversed like a bank transfer. Once a transaction has been confirmed on the blockchain, recovering Bitcoin sent to the wrong address generally depends on the recipient choosing to return it — there is no central authority that can reverse the transaction. QWhere is Bitcoin stored? Bitcoin itself is recorded on the Bitcoin blockchain — not inside a wallet. A wallet manages the cryptographic private keys that allow you to control and spend Bitcoin associated with your addresses. If you lose your private keys, you lose access to the associated Bitcoin. QWhat happens when all Bitcoin is mined? Bitcoin’s block subsidy is designed to decrease through periodic halvings — approximately every four years. Once the subsidy eventually reaches zero (estimated around the year 2140), miners will rely entirely on transaction fees for compensation. The network is designed to continue operating through fee incentives alone. --- ## Final Thoughts Understanding how Bitcoin works makes it easier to see why it is fundamentally different from traditional money and payment systems. Bitcoin doesn’t rely on one central database or institution to process every transaction. Instead, wallets, nodes, miners, cryptography and the blockchain work together according to a shared set of transparent rules. For a broader introduction to Bitcoin — including what Bitcoin is, why it was created, how its supply works and why people assign value to it — read our complete cornerstone guide: Continue your Bitcoin education with our complete guide [What Is Bitcoin? Complete Guide for Indians →](https://blog.unocoin.com/what-is-bitcoin/) Disclaimer This article is for informational and educational purposes only and does not constitute financial or investment advice. Cryptocurrency investments involve significant risk. Always conduct your own research before making investment decisions. Crypto products are unregulated as of this date in India. Please DYOR (Do Your Own Research). Related Guides on the Unocoin Blog →[What Is Bitcoin? Complete Guide for Indian Investors](https://blog.unocoin.com/what-is-bitcoin/)[ ](https://blog.unocoin.com/what-is-bitcoin/) →[How to Buy Bitcoin in India Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[Bitcoin SIP India — Invest Automatically from ₹100/Week](https://blog.unocoin.com/bitcoin-sip-india/) →[Bitcoin vs Ethereum — Key Differences Explained for Indian Investors](https://blog.unocoin.com/bitcoin-vs-ethereum/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-IN-india-2026/) →[How Does Bitcoin Mining Work? Deep Dive Guide](https://blog.unocoin.com/bitcoin-mining/) →[Bitcoin Price in India — Live BTC/INR Rate & Analysis](https://unocoin.com/in/exchange/inr/btc) **Categories:** Bitcoin, Blog **Tags:** bitcoin, Bitcoin Blockchain, Bitcoin Mining, Bitcoin Transactions, Crypto Education, Proof of Work --- ### [Jio Coin Price in India Today: 1 JioCoin to INR & Value](https://blog.unocoin.com/jio-coin-price-in-india/) **Published:** August 14, 2026 **Author:** Unocoin Growth **Excerpt:** Jio Coin price in India today, 1 JioCoin to INR, value, rewards, launch date, JioSphere, Polygon connection and latest JioCoin updates explained. **Content:** **Table of Contents** 1. [Jio Coin Price in India Today](#price-today) 2. [1 Jio Coin Price in India: How Much Is 1 JioCoin Worth?](#1-jiocoin-worth) 3. [Why Are There Different Jio Coin Prices Online?](#different-prices) 4. [What Is JioCoin?](#what-is-jiocoin) 5. [Is JioCoin a Cryptocurrency?](#is-crypto) 6. [JioCoin and JioSphere](#jiosphere) 7. [How to Earn JioCoins](#earn) 8. [Can You Buy JioCoin in India?](#buy) 9. [Can You Sell JioCoin for INR?](#sell) 10. [Is JioCoin Listed on Crypto Exchanges?](#exchanges) 11. [JioCoin and Polygon: What Is the Connection?](#polygon) 12. [JioCoin Launch Date: When Did JioCoin Start?](#launch-date) 13. [Is JioCoin Mining Possible?](#mining) 14. [JioCoin Price Prediction: Can JioCoin Reach ₹100?](#prediction) 15. [What Determines the Price of a Cryptocurrency?](#price-discovery) 16. [JioCoin vs Bitcoin vs Ethereum](#comparison) 17. [Is JioCoin Real or Fake?](#real-or-fake) 18. [JioCoin Scam Warning](#scam) 19. [How to Check the Jio Coin Price in India](#how-to-check) 20. [What Could Make JioCoin More Valuable in the Future?](#future-value) 21. [What We Know vs What We Don’t](#know-vs-dont) 22. [Frequently Asked Questions](#faq) Jio Coin price in India today: JioCoin is currently associated with the JioSphere rewards ecosystem. JioSphere says that user engagement in specific sections can earn JioCoin rewards and that redemption of JioCoins for discounts on future transactions is coming to the JioCoin wallet. JioCoin is currently described within the Jio ecosystem as a reward token — not a freely traded cryptocurrency like Bitcoin or Ethereum. However, there is an important difference between a **JioCoin reward value** and a **public JioCoin market price**. A live cryptocurrency price is normally established through transparent buying and selling on a market. There is currently no widely established public JioCoin/INR market that provides the type of real-time price discovery available for actively traded cryptocurrencies. This means that numbers such as **₹21, ₹43 or ₹50** that appear on unofficial websites should not automatically be treated as the official **Jio Coin price in India today**. In this guide, Unocoin explains the Jio Coin price in India, the value of 1 JioCoin in rupees, what JioCoin is, how JioCoin rewards work, its connection with JioSphere and Polygon, whether you can buy or sell JioCoin, its launch timeline, and what could influence its future value. ## Jio Coin Price in India Today If you are searching for the **Jio Coin price in India today**, it is important to understand that JioCoin currently does not have the same type of public market structure as Bitcoin, Ethereum or other actively traded cryptocurrencies. JioSphere currently promotes JioCoin as a reward associated with user engagement. Its website says that engagement in specific sections can earn rewards and that users can receive benefits through future JioCoin redemption. [JioSphere official website ↗](https://jiosphere.com) JioCoin should therefore be understood in the context of the Jio ecosystem rather than automatically being treated as a freely traded crypto asset. JioCoin InformationCurrent StatusJioCoin ecosystemJio ecosystemJioSphere rewards✅ YesJioCoin reward mechanismUser engagement-based rewardsJioCoin redemptionJioSphere says redemption for discounts on future transactions is comingPublic JioCoin/INR market price❌ No widely established market priceBitcoin-style exchange price❌ NoConventional mining❌ NoJioCoin reward balanceAvailable within the supported JioSphere experienceJioSphere connection✅ Yes The key point is that **a reward value and an open-market price are not necessarily the same thing.** ## 1 Jio Coin Price in India: How Much Is 1 JioCoin Worth? One of the most common searches is **“1 Jio Coin price in India.”** At present, there is no widely established public JioCoin/INR market that can be used to provide a reliable live trading price for 1 JioCoin. This is different from Bitcoin, where BTC/INR markets allow users to observe continuously changing prices based on buyers, sellers, trading volume and liquidity. For JioCoin, users should distinguish between: JioCoin Reward Value JioCoin’s value or reward mechanism **inside the Jio ecosystem** — applicable only within JioSphere and future redemption options Market Price (Not Established) A freely traded JioCoin market price in Indian rupees — **currently does not exist** as a mainstream public market JioCoin AmountPublic INR Market Value1 JioCoinNo verified public market price5 JioCoinsNo verified public market price10 JioCoinsNo verified public market price50 JioCoinsNo verified public market price100 JioCoinsNo verified public market price500 JioCoinsNo verified public market price1,000 JioCoinsNo verified public market price This table does not mean that JioCoin has no utility or reward value. It means that a **public market conversion rate cannot currently be calculated in the same way as BTC/INR or ETH/INR**. ## Why Are There Different Jio Coin Prices Online? Users searching for **Jio Coin price in India rupees** may find different numbers across websites, blogs and social media. Some websites have previously mentioned figures such as ₹21, ₹43 or ₹50. These figures should not automatically be treated as official JioCoin market prices. A genuine market price normally comes from actual buying and selling activity. A market also requires sufficient liquidity and transparent price discovery. Before trusting any JioCoin price, check: ?Is the price published by an official Jio source? ?Is there a genuine JioCoin/INR trading pair? ?Can users actually buy JioCoin at the quoted price? ?Can users sell JioCoin at the same price? ?Is there sufficient trading volume? ?Is there an identifiable order book? ?Is the token transferable? ?Can the price be independently verified? If these conditions are not present, a number shown online should not be presented as the **current Jio Coin price in India**. ## What Is JioCoin? JioCoin is a digital reward token associated with the Jio ecosystem. The current JioSphere website presents JioCoin as part of its rewards experience. It says that engagement in specific sections can earn users rewards and that JioCoins can be redeemed for discounts on future transactions, with redemption functionality coming to the JioCoin wallet. [JioSphere official website ↗](https://jiosphere.com) This makes JioCoin different from a conventional cryptocurrency whose primary purpose is open-market trading. JioCoin is closely connected with Jio’s broader exploration of Web3 technology. In January 2025, Polygon announced a strategic collaboration with Jio Platforms to bring Web3 capabilities to Jio’s applications and services. [Polygon’s official Jio Platforms announcement ↗](https://polygon.technology/blog/jio-platforms-ltd-is-collaborating-with-polygon-labs-to-bring-web3-capabilities-to-450-million-jio-users) Because of this connection, JioCoin is frequently discussed alongside blockchain, Web3 and Polygon. ## Is JioCoin a Cryptocurrency? JioCoin is associated with blockchain and Web3 technology, but users should not automatically treat it as equivalent to Bitcoin or Ethereum. Bitcoin is a decentralised digital asset with an open blockchain and active global markets. JioCoin’s current positioning is different — it is presented as a reward within the Jio ecosystem. [JioSphere official website ↗](https://jiosphere.com) FeatureJioCoin₿ BitcoinPrimary purposeJio ecosystem rewardsDecentralised digital assetPublic market priceNot widely established✅ YesOpen exchange tradingNot established✅ YesReward mechanismJio ecosystem engagementMiningConventional mining❌ No✅ YesINR marketNo public market✅ YesEcosystemJio servicesGlobal Bitcoin networkMain useRewards and ecosystem benefitsPayments, investment, store of value Therefore, describing JioCoin simply as **“India’s Bitcoin”** would be inaccurate. ## JioCoin and JioSphere JioSphere is central to the current JioCoin rewards experience. The JioSphere website currently promotes **JioCoin Rewards** and says that engagement in specific sections can earn users rewards. It also says that redemption of JioCoins for discounts on future transactions is coming within the JioCoin wallet. [JioSphere official website ↗](https://jiosphere.com) JioSphere also describes JioCoin as part of its move into the Web3 space. This means users should look at JioCoin primarily as part of the Jio digital ecosystem rather than assuming it is already an independently traded cryptocurrency. Current JioCoin Status on JioSphere JioSphere currently describes JioCoin as being in a beta phase for Android and iOS and says that redemption for discounts on future transactions is coming to the JioCoin wallet. This is an important distinction when searching for the Jio Coin price in India today. [JioSphere official website ↗](https://jiosphere.com) ## How to Earn JioCoins JioSphere currently says that users can earn rewards through engagement in specific sections of the platform. [JioSphere official website ↗](https://jiosphere.com) The exact eligibility rules and reward amounts can change as the programme develops. General JioCoin Earning Process 1Use the supported **JioSphere experience** on Android or iOS 2Complete activities or engage with sections that are eligible for rewards 3Follow the instructions provided within the JioSphere application 4Check the JioCoin balance available in the supported experience 5Follow the latest Jio terms and conditions regarding reward usage and redemption Users should not confuse earning JioCoins through Jio’s rewards programme with purchasing a cryptocurrency on an exchange. They are different activities. ## Can You Buy JioCoin in India? If you are searching for **how to buy JioCoin in India**, it is important to first understand the current status of the asset. JioCoin is not currently established as a mainstream publicly traded cryptocurrency with a transparent JioCoin/INR market comparable to BTC/INR or ETH/INR. Therefore, users should be careful with websites, Telegram groups, WhatsApp messages or social media accounts claiming to sell official JioCoins. Before sending money to anyone claiming to sell JioCoin, verify: ✔Whether the seller is officially connected with Jio ✔Whether the asset is the official JioCoin ✔Whether the JioCoin can be transferred ✔Whether the transaction is supported by an official Jio service ✔Whether the quoted price comes from an actual market Do not assume that a website selling something called “JioCoin” is selling the official JioCoin reward token. ## Can You Sell JioCoin for INR? Earning a JioCoin reward does not automatically mean that the reward can be sold for Indian rupees through a crypto exchange. JioSphere currently talks about future redemption of JioCoins for discounts on transactions within its ecosystem — that is different from selling JioCoin for INR on an open cryptocurrency market. [JioSphere official website ↗](https://jiosphere.com) For an asset to have a freely tradeable INR market, there generally needs to be: •Buyers and sellers •Transparent price discovery •Liquidity •A trading mechanism •Transferable assets •An actual marketplace Therefore, users should not assume that the value displayed for a JioCoin reward is the same as the amount of INR they can withdraw from a crypto exchange. ## Is JioCoin Listed on Crypto Exchanges? JioCoin should not be confused with actively traded cryptocurrencies such as Bitcoin, Ethereum or Solana. There is currently no widely established JioCoin/INR market that provides a reliable reference price. A website may display a token with the name JIO, but that does not automatically mean it is the official JioCoin associated with Jio Platforms. Be Careful With Similarly Named Tokens A token named “JIO” is not automatically the same as the official JioCoin reward token. Before interacting with any token claiming to be JioCoin, verify: ✔Official issuer ✔Official documentation ✔Blockchain and contract address ✔Official Jio communication ✔Exchange listing verification ✔Trading volume and liquidity Never buy a token simply because it uses the Jio name. ## JioCoin and Polygon: What Is the Connection? Jio Platforms and Polygon Labs announced a strategic collaboration in January 2025. Polygon said the partnership would bring Web3 capabilities to some of Jio Platforms’ existing applications and services and help introduce Web3 experiences to Jio’s large customer base. The partnership is one reason Polygon frequently appears in discussions about JioCoin and Jio’s Web3 initiatives. However, there is an important distinction: **A partnership between Jio Platforms and Polygon does not automatically mean that JioCoin has a public market price.** The technology relationship and the market-trading status are separate questions. ## JioCoin Launch Date: When Did JioCoin Start? The JioCoin story has developed over several stages. 2018 Early Blockchain Discussions Earlier reports around Reliance and Jio’s interest in blockchain technology helped create speculation about a possible Jio-linked digital token. These early reports should not be treated as proof that today’s JioCoin rewards programme existed at that time. Jan 2025 JioCoin Becomes Widely Known JioCoin became widely discussed when reports emerged about JioCoin rewards appearing within JioSphere. Indian Express reported that JioSphere users were seeing JioCoin in the context of Jio’s blockchain and Web3 plans. [Indian Express report ↗](https://indianexpress.com/article/technology/tech-news-technology/jiocoin-reliance-enters-crypto-world-in-collaboration-with-polygon-9786999/) 15 Jan 2025 Jio and Polygon Partnership Announced Polygon officially announced its collaboration with Jio Platforms. The announcement said the partnership would explore Web3 capabilities across Jio’s applications and services. [Polygon’s official announcement ↗](https://polygon.technology/blog/jio-platforms-ltd-is-collaborating-with-polygon-labs-to-bring-web3-capabilities-to-450-million-jio-users) 2026 JioCoin Rewards Continue JioSphere’s current website continues to promote JioCoin rewards and states that redemption for discounts on future transactions is coming within the JioCoin wallet. [JioSphere official website ↗](https://jiosphere.com) ## Is JioCoin Mining Possible? JioCoin does not have a conventional Bitcoin-style mining model. Bitcoin mining involves specialised computing equipment competing to validate transactions through a proof-of-work mechanism. JioCoin’s current reward experience is different — JioSphere describes JioCoin as a reward earned through user engagement. [JioSphere official website ↗](https://jiosphere.com) Users therefore do not need to operate Bitcoin-style mining hardware to participate in the JioCoin rewards programme. Be cautious of websites or applications claiming that users can download **“JioCoin mining software”** to generate unlimited JioCoins. Such claims should be independently verified through official Jio sources. ## JioCoin Price Prediction: Can JioCoin Reach ₹100? A reliable **JioCoin price prediction** cannot currently be made in the same way as a forecast for an actively traded cryptocurrency. A meaningful market-based price prediction normally requires: •Current market price •Historical trading data •Trading volume •Circulating supply •Token distribution •Liquidity •Market capitalisation •Exchange availability Saying that **“JioCoin will reach ₹100”** would require assumptions about future supply, demand, liquidity, transferability and market availability that **cannot currently be established with confidence**. JioCoin’s current role as a Jio ecosystem reward makes a conventional crypto price prediction difficult. ### What Could Influence JioCoin’s Future Value? If Jio expands JioCoin’s functionality, several factors could become important. These are **potential factors, not guaranteed outcomes**: 1Jio ecosystem adoption and number of active users 2Number of services accepting JioCoins 3Redemption options and their scope 4Transferability under clearly defined rules 5Exchange availability and public market listing 6Liquidity, token supply, and blockchain infrastructure 7Future business decisions and regulatory developments in India ## What Determines the Price of a Cryptocurrency? Understanding normal cryptocurrency price discovery helps explain why the **Jio Coin price in India** should not automatically be compared with Bitcoin. For a publicly traded cryptocurrency, price is influenced by: **Supply and Demand** When demand to buy an asset exceeds available selling pressure, its price can rise. Without active buyers and sellers, no market price can form. **Trading Volume** Higher trading activity can provide more reliable price discovery. Low volume often leads to unreliable or easily manipulated prices. **Liquidity** Liquidity determines how easily an asset can be bought or sold without significantly affecting its price. **Market Sentiment** News, adoption, regulation and broader financial-market conditions can affect cryptocurrency demand. **Token Supply** Circulating supply and maximum supply can influence valuation and market capitalisation. **Utility** An asset with significant real-world utility may have different demand characteristics from one with limited use. JioCoin’s current reward structure means these market factors should not automatically be applied to it as though it were already an openly traded cryptocurrency. ## JioCoin vs Bitcoin vs Ethereum FeatureJioCoin₿ BitcoinΞ EthereumPrimary purposeJio ecosystem rewardsDigital asset & payment networkBlockchain & smart-contract ecosystemPublic market priceNot establishedYesYesPublic exchange tradingNot established✅ YesYesConventional miningNoProof of WorkNoReward mechanismJio ecosystem activityMiningStaking / network participationINR marketNo public marketYesYesPrimary useRewards and ecosystem benefitsPayments, investment, store of valueSmart contracts, apps, digital assets The important takeaway: JioCoin is not simply another version of Bitcoin or Ethereum. ## Is JioCoin Real or Fake? JioCoin is not simply an internet rumour. JioSphere’s current website explicitly promotes JioCoin rewards and describes how user engagement can earn rewards. It also says that redemption for discounts on future transactions is coming within the JioCoin wallet. [JioSphere official website ↗](https://jiosphere.com) At the same time, not every website, token or investment opportunity using the name **JioCoin** should be assumed to be legitimate. This distinction is extremely important. ClaimWhat Users Should UnderstandJioSphere offers JioCoin rewardsVerify through the official JioSphere experienceSomeone sells JioCoin through TelegramTreat with extreme cautionSomeone promises guaranteed JioCoin returnsAvoidSomeone claims JioCoin will reach ₹100This is speculationSomeone asks for your wallet seed phraseNever share itSomeone claims to represent Jio without verificationVerify independently ## JioCoin Scam Warning The popularity of the **Jio Coin price in India** search term can attract scammers. A legitimate JioCoin rewards programme does not mean that every website using the JioCoin name is legitimate. Be Cautious Of •Fake JioCoin websites •Fake exchange listings •Impersonation accounts •Telegram trading groups •WhatsApp investment offers •Fake airdrops •Fake JioCoin mining apps •Promises of guaranteed returns Never Share Your •Wallet seed phrase •Private key •OTP (one-time password) •UPI PIN •Bank password •Exchange password •Authentication codes If someone promises guaranteed profits from JioCoin, treat it as a major warning sign. ## How to Check the Jio Coin Price in India Before searching for **Jio Coin price today**, first determine whether a genuine public market exists. Follow these six steps: 1 **Check official Jio information** Start with Jio’s official JioSphere website and supported Jio services — not third-party blogs or social media. 2 **Verify the exact asset** Do not rely only on the name “JioCoin” or a symbol such as “JIO.” Verify the official source of the asset — blockchain, contract address, issuer. 3 **Check exchange availability** If someone claims JioCoin is listed on an exchange, verify the listing directly through that exchange’s official website. 4 **Check trading activity** A quoted price without meaningful trading volume may not represent a price at which users can actually buy or sell. 5 **Check the date** Crypto and Web3 information can change quickly. Always check when the information was published or last updated. 6 **Avoid unofficial price claims** If a website quotes ₹43 but cannot explain where that figure comes from, do not treat ₹43 as the verified **Jio Coin price in India**. ## What Could Make JioCoin More Valuable in the Future? Jio has a massive digital ecosystem, and its partnership with Polygon was announced as part of Jio’s plans to explore Web3 capabilities across its applications and services. If Jio expands JioCoin’s utility, several factors could become important. However, these are **potential future developments and should not be treated as guarantees**: **More Jio Services** If JioCoin becomes usable across more Jio services, its utility within the ecosystem could increase significantly. **More Users** A larger user base participating in the rewards programme could increase the importance of JioCoin within the ecosystem. **More Redemption Options** Additional redemption options — beyond discounts — could make JioCoin more useful to a wider range of users. **Transferability** If JioCoins become transferable under clearly defined rules, their functionality could expand significantly beyond the Jio ecosystem. **Public Trading** If JioCoin eventually becomes available through transparent public markets, market-based price discovery could become possible — creating a genuine JioCoin/INR market. ## Jio Coin Price in India: What We Know vs What We Don’t InformationCurrent StatusJioCoin exists in the Jio ecosystemYesJioSphere promotes JioCoin rewardsYesJioSphere says engagement can earn rewardsYesJioSphere says redemption for discounts is comingYesJio Platforms has a Polygon Web3 partnershipYes (Jan 15, 2025)JioCoin has a widely established public INR marketNoJioCoin trades like BitcoinNoJioCoin has conventional miningNoEvery token called JIO is official JioCoinNoUnofficial price estimates are guaranteedNo The key distinction is between **earning a reward, redeeming a reward and trading an asset on an open market**. ## Frequently Asked Questions About Jio Coin Price in India QWhat is the Jio Coin price in India today? JioCoin does not currently have a widely established public JioCoin/INR market price comparable to Bitcoin or Ethereum. JioSphere currently presents JioCoin as a reward within its ecosystem and says redemption for discounts on future transactions is coming. QWhat is the price of 1 JioCoin in India? There is no widely established public JioCoin/INR trading price that can be used as a reliable live market rate for 1 JioCoin. Users should distinguish between JioCoin’s reward value and an open-market cryptocurrency price. QHow much is 1 JioCoin worth in rupees? A reliable public market conversion cannot currently be established in the same way as BTC/INR or ETH/INR. JioCoin is currently associated with Jio’s rewards ecosystem — not a freely traded cryptocurrency market. QIs JioCoin real? Yes. JioSphere’s current website promotes JioCoin rewards and describes user engagement as a way to earn rewards. It also says that redemption for discounts on future transactions is coming. QIs JioCoin a cryptocurrency? JioCoin is associated with Jio’s Web3 initiatives, but it should not automatically be treated as an openly traded cryptocurrency like Bitcoin or Ethereum. Its current use is centred on the Jio ecosystem and rewards — not open-market trading. QHow can I earn JioCoin? JioSphere currently says that engagement in specific sections can earn users JioCoin rewards. Users should follow the latest instructions and eligibility requirements displayed in the official JioSphere experience. QCan I buy JioCoin in India? JioCoin is not currently established as a mainstream publicly traded asset with a transparent JioCoin/INR market. Users should be cautious of websites or individuals claiming to sell official JioCoins. QCan I sell JioCoin for INR? Users should not assume that JioCoin rewards can be sold for INR through a public crypto exchange. JioSphere currently describes future redemption for discounts on transactions within its ecosystem — that is different from selling JioCoin for cash. QIs JioCoin connected to Polygon? Jio Platforms announced a strategic collaboration with Polygon Labs on January 15, 2025 to bring Web3 capabilities to Jio’s applications and services. JioCoin subsequently became widely discussed in the context of Jio’s Web3 initiatives. QCan I mine JioCoin? JioCoin does not have a conventional Bitcoin-style mining mechanism. Its current rewards experience is based on user engagement within the Jio ecosystem — not mining hardware. QWhat is the JioCoin launch date? JioCoin became widely known in January 2025 when reports emerged about JioCoin rewards appearing within JioSphere. Jio Platforms’ strategic collaboration with Polygon was officially announced on **January 15, 2025**. QIs ₹43 the actual Jio Coin price in India? There is no reliable public market evidence establishing ₹43 as the live JioCoin market price. An unofficial figure should not be treated as a confirmed market price unless it can be independently verified through actual market activity. QWill JioCoin reach ₹100? There is no reliable basis for predicting a specific future JioCoin price such as ₹100. Future value would depend on factors such as utility, supply, demand, redemption, transferability, liquidity and any future public market — none of which are currently established. QWhere can I check JioCoin updates? For the most reliable information, start with Jio’s official JioSphere website and other official Jio communications. JioSphere currently provides information about JioCoin rewards and its planned redemption functionality. [JioSphere official website ↗](https://jiosphere.com) ## Jio Coin Price in India: Final Takeaway The **Jio Coin price in India** is not simply a number that can be copied from a cryptocurrency price tracker. JioCoin is currently associated with the JioSphere rewards ecosystem. JioSphere says that users can earn rewards through engagement in specific sections and that redemption of JioCoins for discounts on future transactions is coming within the JioCoin wallet. At the same time, JioCoin does not currently have the same transparent public market structure as Bitcoin or Ethereum. Therefore, users should not automatically treat unofficial figures such as ₹21, ₹43 or ₹50 as the current market price of JioCoin in India. For anyone searching for Jio Coin price in India today, 1 Jio Coin price in India, Jio Coin price in India rupees, or Jio Coin to INR, the most important distinction is between: JioCoin Rewards Their applicable ecosystem value — earned through JioSphere engagement and redeemable for future discounts within Jio Market Price of a Freely Traded Cryptocurrency Established through transparent buying and selling on public exchanges — which JioCoin does not currently have As the JioCoin ecosystem develops, its utility, redemption options, transferability and market status could change. Users should therefore rely on current official information instead of social media claims, unofficial price estimates or guaranteed price predictions. **Last updated: August 13, 2026** Sources 1[JioSphere — Official JioCoin Rewards Information](https://jiosphere.com) 2[Polygon Labs — Jio Platforms Web3 Partnership (January 15, 2025)](https://polygon.technology/blog/jio-platforms-ltd-is-collaborating-with-polygon-labs-to-bring-web3-capabilities-to-450-million-jio-users) 3[Indian Express — JioCoin and Polygon Report](https://indianexpress.com/article/technology/tech-news-technology/jiocoin-reliance-enters-crypto-world-in-collaboration-with-polygon-9786999/) Disclaimer This article is for informational and educational purposes only. JioCoin’s features, rewards, redemption mechanisms, availability and ecosystem functionality may change. Users should verify the latest information through official Jio sources before making financial or other decisions. This is not financial advice. Crypto products are unregulated as of this date in India and could be highly volatile. Please DYOR (Do Your Own Research). Related Guides on the Unocoin Blog →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[How to Buy Cryptocurrency in India — Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[Best Cryptocurrency Exchange in India 2026 — Full Comparison](https://blog.unocoin.com/best-cryptocurrency-exchange-india/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-in-india-2026/) →[India Crypto SRO Regulation — Parliamentary Committee Recommendations](https://blog.unocoin.com/india-parliament-crypto-committee-report-watchdog-sro-regulation/) **Categories:** Blog, News **Tags:** Crypto In India, Crypto Prices, Jio, Jio Coin, JioCoin, JioSphere, Polygon Cryptocurrency, Web3 --- ### [CPI Data and Crypto: How Inflation Impacts Bitcoin Prices](https://blog.unocoin.com/cpi-data-and-crypto/) **Published:** August 10, 2026 **Author:** Unocoin Growth **Excerpt:** Learn what CPI data means, why US and India inflation reports matter for crypto, and how CPI surprises can influence Bitcoin, interest rates and market sentiment. **Content:** **Table of Contents** 1. [What Is CPI Data?](#what-is-cpi) 2. [What Is the Difference Between CPI and Inflation?](#cpi-vs-inflation) 3. [What Is Core CPI?](#core-cpi) 4. [Why Does CPI Data Matter for Crypto?](#why-cpi-matters) 5. [Why Does US CPI Matter So Much to Bitcoin?](#us-cpi-bitcoin) 6. [Why the CPI Number Alone Is Not Enough](#cpi-alone) 7. [US CPI vs India CPI](#us-vs-india-cpi) 8. [When Is the Next CPI Data Release?](#next-release) 9. [How Can Crypto Investors Approach CPI Volatility?](#volatility) 10. [CPI and Crypto — What Should Investors Watch?](#checklist) 11. [Frequently Asked Questions](#faq) **CPI data matters to Bitcoin and crypto markets because inflation drives expectations about interest rates, monetary policy, and liquidity — all of which influence investor appetite for risk assets.** However, the key is not whether CPI is high or low — it is whether the number is higher or lower than what the market expected. Key Takeaway CPI does not directly predict whether Bitcoin will rise or fall. Crypto markets often react to how the actual inflation number compares with expectations — and what that could mean for future interest rates and liquidity. A number below forecast can be positive for risk assets even if the headline rate looks high in isolation. CPI data is one of the most closely watched economic indicators by financial markets. But why does a monthly inflation report matter to Bitcoin and other cryptocurrencies? The answer comes down to interest rates, liquidity, and investor expectations. When inflation comes in higher or lower than expected, markets can quickly reassess the outlook for monetary policy — and that can influence the US dollar, bond yields, equities, and other risk assets, including cryptocurrency. For Indian crypto investors, both US CPI and India CPI are worth understanding. The US report can have a particularly strong influence on global risk sentiment, while India’s inflation data provides insight into the domestic economic environment. ## [What Is CPI Data](https://blog.unocoin.com/what-is-cpi-data/)? [![Diagram showing the Consumer Price Index basket of goods food housing transport healthcare energy representing how CPI measures inflation and its impact on Bitcoin and crypto markets in India](https://blog.unocoin.com/wp-content/uploads/2026/08/Untitled-design-3.jpg "cpibasketofgoodsinflationmeasureindiacrypto | Unocoin Blog")](https://blog.unocoin.com/cpi-data-and-crypto/untitled-design-3/)The CPI basket how inflation is measured across goods and services**The Consumer Price Index (CPI) measures changes over time in the prices consumers pay for a basket of goods and services.** It is one of the most widely used indicators of consumer-price inflation, tracked by governments, central banks, and financial markets worldwide. This basket can include categories such as: Food and beverages Housing Transportation Healthcare Apparel Education Energy Recreation CPI Example — How It Is Calculated →A basket of everyday goods costs **₹10,000** in Year 1 →The same basket costs **₹10,400** in Year 2 →The increase is ₹400 — or **4%**. That represents a 4% consumer-price inflation rate for the period. ## What Is the Difference Between CPI and Inflation? CPI and inflation are closely related — but they are not exactly the same thing, and it is useful to understand the distinction. CPI An index that measures changes in consumer prices over time. It is a number — a data point — produced by government statistical agencies each month. Inflation The broader economic phenomenon of rising prices across an economy. CPI is one of the most commonly followed measures used to understand and track inflation. For investors, the important numbers within CPI releases are often the month-over-month (MoM) and year-over-year (YoY) changes: MoM **Month-over-Month:** Compares prices this month with the previous month. Measures short-term price momentum. YoY **Year-over-Year:** Compares prices with the same month a year earlier. The headline number most widely reported in the media. ## What Is Core CPI? — Headline vs Core Explained You will frequently hear financial markets talk about “core CPI” alongside the headline number. Understanding the difference is important for interpreting any CPI release. Headline CPI Includes the full basket of consumer prices — food, energy, and all other categories. This is the number most widely reported in the media. 🇺🇸 June 2026: +3.5% YoY 🇮🇳 June 2026: +4.38% YoY Core CPI **Excludes food and energy** — which can be particularly volatile. Core CPI helps assess underlying inflation trends without short-term commodity price swings. 🇺🇸 June 2026: +2.6% YoY India core CPI tracked separately by analysts **Why Both Matter:** A headline inflation number could fall because energy prices decline — while core inflation remains elevated. Investors therefore look at both figures before forming a view on the inflation outlook and monetary policy direction. ## Why Does CPI Data Matter for Crypto? [![Flow diagram showing how CPI data affects crypto markets from inflation data to interest rate expectations to liquidity and risk appetite to Bitcoin price illustrating the indirect relationship between CPI and crypto](https://blog.unocoin.com/wp-content/uploads/2026/08/Untitled-design-4.jpg "cpiimpactbitcoincryptoflowdiagramindia | Unocoin Blog")](https://blog.unocoin.com/cpi-data-and-crypto/untitled-design-4/)How CPI data flows through to crypto market pricesCPI does not directly determine the price of Bitcoin or Ethereum. Instead, its importance comes from the relationship between inflation and monetary policy. The transmission mechanism works like this: CPI Data → Inflation Expectations → Rate Expectations → Liquidity & Risk Appetite → Crypto Markets When inflation remains elevated, investors may expect central banks to maintain restrictive monetary policy for longer. Higher interest rates can make traditional assets such as bonds and cash more attractive relative to speculative or higher-risk assets — potentially reducing demand for Bitcoin and other cryptocurrencies. On the other hand, if inflation falls more than expected, markets may begin to anticipate a more accommodative monetary-policy environment — which can improve risk sentiment and potentially benefit risk assets including crypto. However, this relationship is not automatic. Crypto prices can move for many other reasons: • Federal Reserve decisions • Employment data • Bond yields and treasury markets • US dollar movements • ETF inflows and outflows • Institutional positioning • Crypto-specific news and events • Regulatory developments • Market leverage and liquidations • Geopolitical events **Bottom Line:** CPI should be viewed as **one part of the broader macroeconomic picture** — not a standalone buy or sell signal for crypto. Understanding it in context is what matters. ## Why Does US CPI Matter So Much to Bitcoin? The US economy plays a central role in global financial markets, and the US Federal Reserve’s monetary policy has a significant influence on global liquidity and investor sentiment. As a result, US economic data — including CPI — is closely watched by investors around the world, including in India. When US inflation data changes expectations about future Federal Reserve policy, the impact can extend beyond US stocks and bonds. Bitcoin and other cryptocurrencies can also react as investors reassess their exposure to risk assets globally. Higher-Than-Expected CPI →Inflation may appear more persistent →Markets may expect rates to stay higher for longer →Bond yields or USD may strengthen →Risk appetite may weaken →Crypto could come under pressure Lower-Than-Expected CPI →Inflation may appear to be cooling →Markets may price in easier monetary policy →Risk sentiment may improve broadly →Bond yields may fall, USD may weaken →Crypto could benefit **Important:** These are possible market pathways — not guaranteed trading signals. The actual reaction depends on many other factors including how positions are already positioned, what central bank officials say afterwards, and broader market sentiment at the time. ## Why the CPI Number Alone Is Not Enough One of the biggest mistakes investors can make is looking at CPI in isolation. Markets care about surprises — not just the absolute number. The key question is always: did the data come in above, below, or in line with what the market expected? To illustrate this, consider three scenarios where the market expects CPI to come in at 3.4%: Scenario 1 CPI comes in at 3.2% — Below Expectations The result is lower than the expected 3.4%. Investors could interpret this as evidence that inflation is cooling faster than anticipated. Depending on the broader economic environment, this could support expectations for easier monetary policy and potentially improve sentiment toward risk assets including crypto. Scenario 2 CPI comes in at 3.4% — Matches Expectations The market may have already priced in the number. As a result, the immediate reaction could be more limited — even if the headline figure looks elevated in isolation. “As expected” data often produces muted market moves. Scenario 3 CPI comes in at 3.7% — Above Expectations The result is significantly higher than expected. Investors could interpret this as evidence that inflation remains persistent — increasing expectations for tighter monetary policy or higher rates for longer. This could put pressure on risk assets including Bitcoin. Real Example: US CPI June 2026 — Below Expectations Market Expected 3.8% Actual Result 3.5% Core CPI (Actual) 2.6% The June 2026 US CPI came in at 3.5% — below the Dow Jones consensus of 3.8%, and core CPI at 2.6% against approximately 2.9% expected. Energy prices fell sharply. The below-forecast reading boosted risk assets and raised market expectations for Federal Reserve rate cuts in the second half of 2026. **Key Lesson:** This is why **actual CPI vs expected CPI** is often more important for short-term market reactions than whether the headline number looks high or low on its own. ## US CPI vs India CPI — What Should Indian Investors Watch? Indian crypto investors may encounter both US and Indian inflation data — but the two reports serve different purposes and carry different implications for crypto markets. US CPI Bureau of Labor Statistics (BLS) 3.5% YoY (June 2026) Core: 2.6% YoY | MoM: -0.4% Closely watched by global financial markets for its implications on US monetary policy and Federal Reserve decisions. Has the strongest influence on global risk sentiment and crypto markets. India CPI MoSPI (Ministry of Statistics) 4.38% YoY (June 2026, Provisional) Food inflation: 5.32% | Base year: 2024=100 Provides insight into domestic inflation trends and the broader Indian economic environment. Relevant for RBI monetary policy decisions affecting the Indian Rupee and domestic financial markets. ## When Is the Next CPI Data Release? — August 12, 2026 The next major CPI event for investors is August 12, 2026 — a significant date as both the US and India are scheduled to release inflation data on the same day. US CPI — July 2026 **Date:** August 12, 2026 **Time:** 8:30 AM ET / 6:00 PM IST **Publisher:** US Bureau of Labor Statistics India CPI — July 2026 **Date:** August 12, 2026 **Time:** 4:00 PM IST **Publisher:** MoSPI After the numbers are released on August 12, investors should look at: •Headline CPI and core CPI figures •Month-over-month and year-over-year changes •How the actual figures compare with market expectations •How Treasury yields and the US dollar react immediately •How Bitcoin and the broader crypto market respond ## How Can Crypto Investors Approach CPI Volatility? CPI releases can create short-term volatility in crypto markets. Rather than treating an economic release as a guaranteed buy or sell signal, investors can focus on managing risk and understanding the information behind the market move. Here are four practical approaches: 1 Avoid reacting to the first price move Crypto markets operate around the clock, and major economic announcements can trigger sharp price movements within seconds. The first move after a CPI release does not necessarily determine the longer-term direction. Investors with a longer time horizon may prefer to wait for the market to digest the data fully before making decisions. 2 Compare actual data with expectations Do not simply ask “Was CPI high?” — ask **“Was CPI higher or lower than what the market expected?”** A CPI reading that looks high in isolation could still trigger a positive reaction if it is lower than anticipated. Similarly, a seemingly low CPI number could disappoint markets if expectations were even lower. 3 Look beyond CPI — the broader picture CPI is only one piece of the macroeconomic picture. Additionally consider: Federal Reserve policy and communications, US Treasury yields, employment data, GDP growth, the US dollar, global liquidity conditions, and any major crypto market developments. Considering multiple indicators provides a more complete view. 4 Consider a systematic investment approach — Unocoin SBP For long-term investors, trying to predict every CPI-driven price movement can be difficult and often counterproductive. A **Systematic Buying Plan (SBP)** on Unocoin spreads purchases over time rather than concentrating them around individual economic events — reducing the need to pick the “perfect” entry point each month. Does High CPI Mean Bitcoin Will Fall? Not necessarily. High CPI can put pressure on Bitcoin — but prices can move in the opposite direction depending on positioning, liquidity, and other factors. High CPI ≠ guaranteed Bitcoin decline Does Low CPI Mean Bitcoin Will Rise? Again, not necessarily. Low CPI can improve risk sentiment — but Bitcoin can still decline if other factors dominate market sentiment at the time. Low CPI ≠ guaranteed Bitcoin rally ## CPI and Crypto — What Should Investors Watch? Full Checklist When the next CPI report arrives on August 12, 2026, use this checklist to approach the data systematically rather than reacting emotionally to the first price move. Before the Release ?What is the market expecting? ?What was the previous month’s CPI reading? ?What are economists forecasting? ?What are bond yields doing ahead of the release? ?What is Bitcoin already pricing in? After the Release ✔What was the actual headline CPI? ✔What was core CPI (excl. food and energy)? ✔Was the number above or below expectations? ✔How did Treasury yields react? ✔How did Bitcoin and crypto markets respond? **Why This Helps:** This approach helps investors understand why the market is moving rather than simply reacting to a green or red candle — building better decision-making habits over time. ## Frequently Asked Questions About CPI and Crypto QWhat is CPI data? CPI data measures changes in the prices consumers pay for a basket of goods and services over time. It is widely used as an indicator of consumer-price inflation and published monthly by government statistical agencies — the BLS in the US and MoSPI in India. QWhy does CPI affect Bitcoin? CPI can influence expectations about inflation, interest rates, and monetary policy. Those expectations affect liquidity and investor appetite for risk assets such as Bitcoin. Higher-than-expected CPI may reduce risk appetite; lower-than-expected CPI may improve it. QIs high CPI bad for crypto? A higher-than-expected CPI reading can create pressure on crypto if investors expect interest rates to remain elevated for longer. However, the market reaction is not guaranteed — positioning, liquidity, and other factors all play a role. QIs low CPI good for Bitcoin? A lower-than-expected CPI reading can support risk sentiment if investors interpret it as a sign of easing inflation and potentially more accommodative monetary policy. However, Bitcoin can still move lower depending on other market factors — low CPI does not guarantee a rally. QWhat is core CPI? Core CPI excludes food and energy prices from the CPI calculation. It is commonly followed by economists and central banks because food and energy prices can be relatively volatile — core CPI provides a cleaner signal of underlying inflation trends. QWhen is the next US CPI report? The US Bureau of Labor Statistics has scheduled the July 2026 CPI report for August 12, 2026, at 8:30 AM Eastern Time — which is 6:00 PM IST. QWhen is India’s next CPI report? MoSPI’s 2026–27 advance release calendar lists August 12, 2026 for the release of India’s July 2026 CPI data — the same day as the US report, at 4:00 PM IST. QDoes CPI predict Bitcoin’s price? No. CPI is an economic indicator and should not be treated as a Bitcoin price predictor. Crypto prices are influenced by many macroeconomic and market-specific factors. CPI is one useful input — not a trading signal on its own. QShould I buy Bitcoin before CPI? There is no universally optimal time to buy Bitcoin before a CPI release. Rather than timing one economic event, consider your investment horizon, risk tolerance, and overall strategy. A Systematic Buying Plan (SBP) on Unocoin can help you invest consistently regardless of the economic calendar. Final Takeaway CPI data matters to crypto investors because inflation can influence expectations around interest rates, monetary policy, and liquidity. The most important lesson is that the CPI number itself is not the whole story — markets often respond to the difference between what was expected and what the data actually showed. For crypto investors in India, keeping an eye on both US and Indian inflation data can provide useful context for understanding broader market conditions. But CPI should not be used as a standalone buy or sell signal. Instead, treat it as one piece of the larger market picture — alongside monetary policy, interest rates, liquidity, market sentiment, and crypto-specific developments. Disclaimer This article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. CPI data cited is sourced from official publications by the US Bureau of Labor Statistics and India’s Ministry of Statistics and Programme Implementation. Crypto investments are subject to market risk. Always conduct your own research and consult a qualified financial professional before making investment decisions. Crypto products are unregulated as of this date in India and could be highly volatile. Please DYOR (Do Your Own Research). Invest in crypto consistently — regardless of the economic calendar. Set up a Bitcoin SBP on Unocoin from ₹100/week and let rupee-cost averaging do the work. [Set Up Bitcoin SBP on Unocoin →](https://unocoin.com/in/bitcoin?type=sbp) Related Guides on the Unocoin Blog →[What is Bitcoin?](https://blog.unocoin.com/what-is-bitcoin/)[ Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[How to Trade Cryptocurrency in India — Beginner’s Complete Guide](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/) →[Bitcoin SBP India — Invest Automatically from ₹100/Week on Unocoin](https://blog.unocoin.com/bitcoin-sip-india/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-IN-india-2026/) →[Is Crypto Legal in India?](https://blog.unocoin.com/is-crypto-legal-india/)[ RBI, SEBI & FIU-IND Regulations Explained](https://blog.unocoin.com/is-crypto-legal-india/) **Categories:** Blog **Tags:** CPI data, CPI vs Crypto --- ### [Is Bitcoin Dead or Just a Correction? | BTC Market Analysis 2026](https://blog.unocoin.com/is-bitcoin-dead-or-just-a-correction-btc-market-analysis-2026/) **Published:** April 21, 2026 **Author:** Unocoin Growth **Content:** ### **Is Bitcoin Dead—or Just Going Through Another Correction?** Whenever Bitcoin falls sharply, the same question echoes across social media and investor groups: **“Is Bitcoin dead?”** The short answer: Bitcoin has survived far worse. The long answer requires looking at data—not fear. ### **Bitcoin’s Current Performance: What’s Really Happening** Bitcoin is currently trading in the **$60,000–$65,000 range**, after a strong rally earlier. This decline has triggered anxiety, but it’s important to understand what kind of move this actually is. - The market is experiencing a correction, not a collapse - Volatility has reduced compared to the panic phases - Long-term holders continue to stay active Corrections are a normal part of Bitcoin’s price cycle, not an exception. ### **Bitcoin Has Faced Much Worse Crashes Before** Bitcoin’s history is filled with sharp drawdowns—many of which were far deeper than today’s pullback. Here’s a look at some of the largest Bitcoin corrections in history: - **2012:** ~56% drop after a major Ponzi scheme collapse - **2013 (Mt. Gox):** ~83% crash following exchange failure - **2013 (China ban):** Price fell by nearly 50% again - **2018:** ~84% decline after the $20,000 bull run - **March 2020:** ~50% crash in just two days during COVID panic - **2022:** ~77% drop after Terra (LUNA) and FTX collapses Each time, Bitcoin was declared “dead.” Each time, it recovered. ### **Why This Phase Looks Like a Correction, Not the End** Several indicators suggest the current phase is **consolidation**, not breakdown: - No systemic failure like Mt. Gox or FTX - Institutional participation remains active - Network fundamentals remain strong - Long-term investors continue accumulation strategies Corrections shake out weak hands—but they often reset markets for healthier growth. ### **What Investors Can Learn From Bitcoin’s History** Bitcoin rewards patience and discipline, not emotional reactions. Historically: - Panic selling during corrections led to missed recoveries. - Long-term, systematic buying outperformed timing attempts. - Every major crash was followed by a stronger cycle. This doesn’t guarantee future returns—but it does show a pattern of resilience. ### **So, Is Bitcoin Dead?** Based on historical data and current market structure: **Bitcoin is not dead. Bitcoin is doing what it has always done—correct, consolidate, and test conviction.** For investors, this phase highlights the importance of: - Understanding market cycles - Avoiding emotional decisions - Focusing on long-term fundamentals ### **Final Thoughts** Fear is loud during corrections. Data is calm. Bitcoin’s foundation remains intact—and history shows that volatility is part of its journey, not the end of it. [Buy Bitcoin Now](https://unocoin.com/in/exchange/inr/btc) Disclaimer: Cryptocurrency trading involves significant risk. Always conduct your own research and consult a qualified financial professional before making investment decisions. They could be highly volatile. Please DYOR (Do Your Own Research). **Categories:** Blog --- ### [India Parliament Crypto Committee Recommends Crypto Watchdog](https://blog.unocoin.com/india-parliament-crypto-committee-report-watchdog-sro-regulation/) **Published:** July 27, 2026 **Author:** Unocoin Growth **Excerpt:** India's Parliamentary Standing Committee has proposed a crypto watchdog under RBI or SEBI supervision until dedicated crypto laws are introduced. Here's what it means for Indian investors. **Content:** [Home](https://blog.unocoin.com/) [› News ›](https://blog.unocoin.com/news) India Crypto SRO RecommendationTable of Contents 1. [What Has the Parliament Committee Recommended?](#what-recommended) 2. [What Is a Self-Regulatory Organisation (SRO)?](#what-is-sro) 3. [Why Is This Recommendation Important?](#why-important) 4. [Technology-Neutral Regulation Explained](#tech-neutral) 5. [RBI’s Concerns Continue](#rbi-concerns) 6. [Industry Response](#industry-response) 7. [What Does This Mean for Crypto Investors?](#what-investors) 8. [What This Could Mean for India’s Crypto Ecosystem](#india-ecosystem) 9. [Conclusion](#conclusion) 10. [Frequently Asked Questions](#faq) **India’s Parliamentary Standing Committee on Finance has recommended that the government consider establishing a Self-Regulatory Organisation (SRO) for the crypto industry** — to be overseen by either the RBI or SEBI — until a dedicated law for Virtual Digital Assets is enacted. This is a significant development in India’s evolving approach to crypto regulation. India could be one step closer to a clearer regulatory framework for cryptocurrencies. A Parliamentary Standing Committee on Finance has recommended that the government consider introducing a Self-Regulatory Organisation (SRO) to oversee India’s crypto industry — until a dedicated law for Virtual Digital Assets (VDAs) is enacted. The proposal comes at a time when cryptocurrencies are already taxed in India, exchanges comply with anti-money laundering (AML) requirements, and millions of Indians continue to invest in digital assets. Furthermore, India still does not have a comprehensive law governing cryptocurrencies — making this recommendation an important step toward that goal. Here is everything Indian investors need to know about this development and what it may mean for the future of crypto regulation in India. **Important:** These are **recommendations** from a Parliamentary committee — not new laws. Existing rules for buying, selling, and holding crypto in India remain unchanged unless formally enacted by the government. ## What Has the Parliament Committee Recommended? The Parliamentary Standing Committee has suggested that India explore allowing a recognised Self-Regulatory Organisation (SRO) for the crypto industry. Specifically, the recommendation outlines the following structure: Key Recommendations at a Glance 01 The SRO would operate under the supervision of a designated regulator — either the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI) 02 Its primary objectives would be investor protection, industry standards, and responsible market practices 03 The arrangement would remain in place until India introduces a dedicated legal framework for digital assets 04 The committee also urged the government to evaluate legislation covering Cryptocurrencies, Stablecoins, NFTs, and DeFi Notably, the committee’s recommendation goes beyond Bitcoin and traditional cryptocurrencies. By explicitly including stablecoins, NFTs, and DeFi, policymakers are signalling that they are considering the broader digital asset ecosystem — not just crypto trading platforms. ## What Is a Self-Regulatory Organisation (SRO)? **An SRO is an industry body that helps establish rules, standards, and best practices for its members — while operating under the oversight of a government regulator.** It acts as a bridge between the industry and the government, helping implement compliance standards without requiring direct government intervention in every business decision. **Simple Definition:** Think of an SRO as an industry “watchdog” that is run by the industry itself, but answerable to the government regulator. Members of the SRO agree to follow its rules in exchange for the ability to operate in the market. Many industries around the world use SROs effectively. Well-known examples include stock exchange associations, banking industry bodies, and securities market regulators. If implemented in India’s crypto sector, an SRO could help: Responsible Practices Promote responsible business practices across all crypto exchanges and platforms Transparency Improve transparency across the crypto industry — pricing, fees, disclosures Better Compliance Encourage consistent compliance with AML, KYC, and consumer protection norms Investor Confidence Strengthen investor confidence through clear standards and accountability Regulator Coordination Support better coordination between crypto exchanges, platforms, and government regulators — creating a more structured industry dialogue --- ## Why Is This Recommendation Important for Indian Crypto Investors? To understand why this recommendation matters, it helps to look at the current regulatory landscape. India already has several crypto-related rules in place — however, a crucial piece is still missing. What India Already Has ✔30% flat tax on VDA profits (Section 115BBH) ✔1% TDS on qualifying transactions (Section 194S) ✔Mandatory KYC for all exchange users ✔Anti-money laundering (AML) reporting obligations ✔FIU-IND registration for exchanges What India Still Lacks ✖A dedicated, comprehensive crypto law ✖A designated single regulator for crypto ✖Formal legal recognition of digital assets ✖Regulatory clarity for stablecoins, NFTs, DeFi ✖Clear investor protection framework The committee believes an interim SRO mechanism could help bridge this gap — providing structured oversight while policymakers work on a comprehensive legal framework. Consequently, this recommendation is seen as a meaningful step toward regulatory clarity, even if it does not immediately create new rules. ## Technology-Neutral Regulation — What Does It Mean? One of the most significant — and often overlooked — recommendations from the committee is that future securities laws should remain **technology-neutral**. This is an important concept for anyone following India’s crypto regulatory landscape. Technology-Neutral Regulation — Explained Simply The principle is straightforward: **the law should regulate the financial product — not the technology used to create it.** Example: If traditional securities (such as shares or bonds) are represented on a blockchain through tokenisation, they should continue to fall under existing securities regulations — rather than escaping oversight simply because they use distributed ledger technology. This approach has two important objectives. First, it aims to **encourage innovation** by ensuring that new technologies are not unnecessarily disadvantaged by unclear rules. Second, it seeks to **maintain regulatory safeguards** by ensuring that existing protections cannot be circumvented simply by putting a product on a blockchain. For India’s growing blockchain and tokenisation industry, this recommendation could be particularly significant — as it potentially provides a clearer path for regulated financial products that use blockchain infrastructure. --- ## RBI’s Concerns Continue — What Is the Central Bank’s Position? **RBI’s Position:** The Reserve Bank of India has not changed its long-standing cautious stance on private cryptocurrencies. The committee’s recommendations do not reflect an RBI endorsement of crypto — the central bank’s concerns remain on record. The recommendations come just weeks after the Reserve Bank of India reiterated its long-standing concerns regarding cryptocurrencies. The RBI has consistently highlighted a range of potential risks. These concerns include: ⚠Financial stability — concerns about crypto’s impact on the broader financial system ⚠Monetary sovereignty — risks to the Indian Rupee and RBI’s control over monetary policy ⚠Money laundering and terror financing — potential for misuse in illicit financial flows ⚠Tax evasion — concerns about undisclosed crypto holdings and cross-border transfers Additionally, the central bank has maintained that **banning private cryptocurrencies remains one of the options under consideration**. While the parliamentary committee acknowledged these concerns, it also recognised that Virtual Digital Assets currently exist in a regulatory grey area — and that investor protection requires clearer oversight rather than an absence of rules. The tension between the RBI’s cautious stance and the committee’s more structured regulatory approach reflects the broader ongoing policy debate around crypto in India. ## How Has the Crypto Industry Responded? Several industry leaders and crypto exchanges have welcomed the committee’s recommendations. The general sentiment across India’s crypto sector is cautiously optimistic — acknowledging that regulatory clarity, even in interim form, is better than the current uncertainty. Regulatory clarity could encourage responsible innovation — giving businesses the confidence to build and invest in India’s crypto ecosystem A supervised SRO may improve investor protection — ensuring minimum standards for customer funds, disclosures, and dispute resolution Clear rules could strengthen institutional confidence — making India a more attractive destination for global crypto businesses and institutional investors India can continue developing blockchain-based financial technologies without the uncertainty caused by regulatory ambiguity Industry experts have also pointed out that countries such as the United States, Singapore, Japan, the United Kingdom, and the European Union have already introduced regulatory frameworks for digital assets. India, as one of the world’s largest crypto user bases, is increasingly seen as needing a comparable framework to protect investors and support responsible growth. Country / RegionRegulatory StatusFramework in Place?United StatesSEC, CFTC, FinCEN oversight — evolving frameworkPartialSingaporeMAS licensing for Digital Payment TokensYesJapanFSA-regulated crypto exchanges since 2017YesEuropean UnionMiCA (Markets in Crypto-Assets) regulation enactedYesUnited KingdomFCA-regulated — crypto promoted as financial productPartialIndiaTaxation + KYC + AML in place — no dedicated crypto law yetPending --- ## What Does This Mean for Crypto Investors in India Right Now? **Short Answer:** At present, nothing changes immediately. Indian investors can continue buying, selling, and holding cryptocurrencies according to existing regulations. The committee’s recommendations do not create new rules. However, if the government accepts these recommendations and moves forward with implementation, the crypto industry could eventually see meaningful improvements for investors: **Better Consumer Protection** Minimum standards for exchange operations, customer funds, and dispute resolution — giving investors greater security and recourse. **More Transparent Operating Standards** Clearer disclosure requirements, fee transparency, and operational standards across all crypto platforms in India. **Stronger Compliance Across Exchanges** Uniform compliance standards may level the playing field — potentially weeding out non-compliant platforms and strengthening user trust in regulated exchanges like Unocoin. **Greater Regulatory Certainty** A clearer regulatory path may encourage more long-term participation from both retail and institutional investors in India’s crypto market. **Improved Institutional Confidence** Regulatory clarity often precedes increased institutional participation — which could improve market depth, liquidity, and overall market maturity. **Remember:** These are recommendations — not new laws. Any regulatory changes would require further government consideration and, where applicable, formal legislative action by Parliament. The timeline for implementation remains uncertain. ## What This Could Mean for India’s Broader Crypto Ecosystem If India moves toward a structured regulatory framework — whether through an SRO or a dedicated law — it could help the country achieve a meaningful balance between two important but sometimes competing goals. Investor Protection Appropriate oversight protects millions of Indian retail investors from fraud, mismanagement, and unregulated platforms Innovation Support A clear framework supports responsible growth in blockchain and digital asset technology — keeping Indian companies competitive globally Furthermore, a transparent regulatory environment may encourage responsible growth, attract foreign and domestic investment into blockchain infrastructure, and provide greater confidence to businesses looking to build in India’s digital asset sector. India currently has one of the largest pools of crypto users globally. Additionally, Indian developers and blockchain companies are active contributors to global Web3 ecosystems. A stable regulatory framework could help channel this activity more productively — rather than pushing innovation offshore due to regulatory uncertainty. ## Conclusion — What Should Indian Crypto Investors Do? The Parliamentary Standing Committee’s recommendation to establish a supervised crypto Self-Regulatory Organisation represents an important development in India’s evolving approach to digital assets. While it does not immediately change the legal status of cryptocurrencies, it signals continued and serious policy discussions around creating a structured regulatory framework for the sector. As India evaluates the future of crypto regulation, the most important thing investors can do right now is: 1Stay informed — follow official announcements from the government, RBI, and SEBI regarding any regulatory changes 2Use compliant platforms — trade only on FIU-IND registered exchanges that follow KYC, AML, and TDS obligations 3Maintain transaction records — keep detailed records of all crypto purchases, sales, and transfers for tax compliance 4File taxes correctly — declare all VDA income in your ITR under Schedule VDA — the 30% tax and 1% TDS rules continue to apply 5Do not panic — regulatory discussions are normal in a maturing market. The current buying, selling, and holding framework remains unchanged Trade crypto safely on India’s oldest, FIU-registered exchange. Unocoin has been compliant since 2013 — KYC verified, TDS compliant, and fully transparent. [Trade on Unocoin →](https://unocoin.com) Disclaimer This article is for informational purposes only and does not constitute legal, financial, or investment advice. The recommendations described are from a Parliamentary Standing Committee and have not been enacted into law. Crypto regulations in India are subject to change. Always consult a qualified legal or financial professional before making investment decisions. Crypto products are unregulated as of this date in India and could be highly volatile. Please DYOR (Do Your Own Research). ## Frequently Asked Questions QHas India approved crypto regulation? No. The Parliamentary Standing Committee has made recommendations, but no new crypto law has been enacted. Existing rules — including the 30% tax, 1% TDS, KYC, and AML obligations — remain in place and unchanged. QWhat is a Self-Regulatory Organisation (SRO)? A Self-Regulatory Organisation (SRO) is an industry body that establishes standards, rules, and best practices for its members — while operating under the oversight and supervision of a government regulator such as the RBI or SEBI. QWill crypto trading rules change immediately? No. Existing rules remain unchanged. The committee’s recommendations do not introduce new regulations — they are proposals that require government consideration and potential legislative action before they can take effect. QWill RBI or SEBI regulate cryptocurrencies? The committee suggested that any future SRO could operate under the supervision of a designated regulator — either the RBI or SEBI. However, no decision has been announced by the government. The RBI has also maintained its concerns about private cryptocurrencies independently of these recommendations. QIs crypto legal in India? Virtual Digital Assets can currently be bought and sold in India under the existing tax and compliance framework — including the 30% flat tax, 1% TDS, KYC requirements, and AML reporting obligations. However, India does not yet have a dedicated law specifically governing cryptocurrencies. QWhat is technology-neutral regulation? Technology-neutral regulation means that financial laws regulate the financial product — not the technology used to create or represent it. For example, a share tokenised on a blockchain would be regulated as a security, regardless of whether it uses distributed ledger technology. QWhat should I do as a crypto investor in India right now? Continue trading on FIU-registered, compliant exchanges like Unocoin. Maintain full records of your transactions, file your ITR with Schedule VDA declaring all crypto income, pay applicable taxes, and stay informed about regulatory updates. Nothing has changed in the current rules. --- Related Guides on the Unocoin Blog →[Is Crypto Legal in India? RBI, SEBI & FIU-IND Regulations Explained](https://blog.unocoin.com/is-crypto-legal-india/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-in-india-2026/) →[Best Cryptocurrency Exchange in India 2026 — Full Comparison](https://blog.unocoin.com/best-cryptocurrency-exchange-india/) →[How to Buy Crypto in India — Complete Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) **Categories:** Blog, News **Tags:** Crypto Regulation, Indian crypto regulation --- ### [Crypto Market Today: Bitcoin Holds Near $65,000 as Traders Watch Key Resistance](https://blog.unocoin.com/crypto-market-today-bitcoin-holds-near-65000-as-traders-watch-key-resistance/) **Published:** July 20, 2026 **Author:** Unocoin News **Excerpt:** Bitcoin trades near $65,000 while the crypto market remains cautious. Here's today's crypto market update, Bitcoin price analysis, key support and resistance levels. **Content:** Crypto Market Today begins the week with Bitcoin trading near **$65,000** while the broader cryptocurrency market remains under slight selling pressure. Investors are closely monitoring key resistance around $66,000 as today’s crypto market searches for direction after a cautious weekend. According to today’s market data, the total cryptocurrency market capitalization stands around **$2.18 trillion,** reflecting a **decline of nearly 0.7% over the past 24 hours.** Despite the pullback, trading activity remained healthy, with approximately $75 billion in daily trading volume, indicating that investors continue to monitor the market closely. Bitcoin continues to dominate the market with a dominance level of approximately 59%, reinforcing its position as the leading digital asset even as altcoins experience moderate weakness. ## [Bitcoin](https://blog.unocoin.com/what-is-bitcoin/) Price Today At the time of writing, Bitcoin is trading around **$64,100–$65,000**, remaining within a critical technical range that traders have been watching over the past several sessions. Price action shows Bitcoin consolidating after recent gains rather than entering a strong downtrend. This type of consolidation often signals that buyers and sellers are waiting for a clear catalyst before determining the next major move. While the broader crypto market remains slightly negative, Bitcoin has continued to outperform many alternative cryptocurrencies. ## Crypto Market Overview [Today’s market snapshot](https://in.tradingview.com/chart/BTCUSDT.P/pSuXOpoY-BTC-ROADMAP-FOR-COMING-WEEKS/) shows: MetricValueTotal Crypto Market Cap$2.18 Trillion24-Hour Change-0.71%Daily Trading Volume$75.26 BillionBitcoin Dominance59.11%Ethereum Dominance10.29% Among major cryptocurrencies: - Bitcoin traded near **$64,100** - Ethereum hovered around **$1,856** - BNB remained close to **$565** - XRP traded near **$1.08** The slight decline across major cryptocurrencies reflects a cautious risk environment rather than widespread panic selling. ## **Bitcoin Technical Analysis** Technical analysts continue to monitor several important price zones that may determine Bitcoin’s next major trend. ## **Immediate Resistance** The first major resistance sits between: **$66,000 and $67,000** A successful breakout above this region could improve short-term market sentiment and potentially attract additional buying interest. However, failure to move above this zone may encourage traders to take profits after Bitcoin’s recent recovery. ## **Key Support Levels:** On the downside, Bitcoin continues to hold several important support zones. The first support lies near: **$63,000** A deeper correction could bring prices toward the **$61,700–$60,000** region, where buyers previously entered the market. Longer-term technical support remains between: **$58,000 and $59,000** This area has repeatedly acted as a demand zone during previous corrections. ## **What Traders Are Watching** Many traders are focusing on whether Bitcoin can break above the current resistance area. Two scenarios are currently being discussed by market participants: ### **Bullish Scenario** If Bitcoin closes convincingly above **$66,000**, momentum could improve significantly, opening the possibility of another upward move. Higher trading volume would strengthen the breakout and increase confidence among investors. ### **Bearish Scenario** If Bitcoin fails to reclaim resistance, short-term profit booking could push prices back toward nearby support around **$63,000**. A break below support may increase selling pressure before buyers attempt to defend lower price levels. ## **Altcoins Remain Under Pressure** While Bitcoin continues consolidating, several major altcoins traded modestly lower. Ethereum, BNB and XRP all posted small declines during the session, reflecting weaker momentum across the broader market. Historically, altcoins often remain subdued while Bitcoin dominates overall market activity. ## **Investor Sentiment** Market sentiment remains cautiously optimistic. Trading volume remains elevated, suggesting that institutional and retail investors continue participating despite today’s decline. At the same time, volatility indicators remain relatively contained, indicating that markets are awaiting fresh macroeconomic or industry-specific catalysts before making a decisive move. ## **What Could Move the Market This Week?** Several factors could influence Bitcoin and the broader cryptocurrency market during the coming days: - Global macroeconomic developments - Institutional investment flows - Bitcoin ETF activity - Regulatory announcements - US economic data - Federal Reserve commentary These events may significantly impact short-term market volatility. ## **Final Thoughts** Bitcoin begins the week trading within a crucial technical range as investors closely watch resistance near **$66,000**. Although today’s crypto market is slightly lower overall, Bitcoin continues to show resilience compared to many alternative cryptocurrencies. Whether the market breaks higher or experiences another short-term correction will likely depend on upcoming macroeconomic events, investor sentiment and trading volume over the next several sessions. As always, cryptocurrency markets remain highly volatile, and investors should conduct their own research before making financial decisions. ## FAQ ### 1. What is the crypto market doing today? The cryptocurrency market is trading slightly lower today, with the total market capitalization around $2.18 trillion while Bitcoin remains close to $65,000. ### 2. Why is Bitcoin trading sideways? Bitcoin is consolidating between important support and resistance levels as traders wait for stronger market catalysts before committing to new positions. ### 3. What are Bitcoin’s key resistance levels today? Technical analysts are watching the $66,000 to $67,000 zone as the next major resistance area. ### 4. What is Bitcoin’s key support today? The first important support is near $63,000, followed by stronger support around $61,700 to $60,000. ### 5. Is the crypto market bullish? The market remains cautiously bullish over the medium term, although short-term price action is still range-bound. ## Related Reading - [How to Buy Cryptocurrency](https://blog.unocoin.com/how-to-buy-crypto-india/) - [Bitcoin Halving Explained](https://blog.unocoin.com/how-bitcoin-halving-affects-the-crypto-market/) - [What is Bitcoin?](https://blog.unocoin.com/what-is-bitcoin/) **Categories:** News **Tags:** bitcoin, BTC Price, crypto market --- ### [How to Trade Cryptocurrency in India (Beginner Guide 2026)](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/) **Published:** July 17, 2026 **Author:** Unocoin Growth **Excerpt:** Learn how to trade cryptocurrency in India with this beginner-friendly guide. Understand crypto trading, market orders, charts, risks, taxes, and how to get started. **Content:** [Home](https://blog.unocoin.com/)›How to Trade Cryptocurrency in IndiaTable of Contents 1. [What Is Cryptocurrency Trading?](#what-is-trading) 2. [Is Cryptocurrency Trading Legal in India?](#legal) 3. [Crypto Trading vs. Crypto Investing](#trading-vs-investing) 4. [How to Start Trading Cryptocurrency in India — 6 Steps](#how-to-start) 5. [Market Order vs. Limit Order — Explained](#order-types) 6. [Understanding Basic Crypto Charts](#charts) 7. [Types of Cryptocurrency Trading](#trading-types) 8. [Tips for Trading Cryptocurrency Safely](#tips) 9. [Common Mistakes Beginners Should Avoid](#mistakes) 10. [Understanding Crypto Trading Fees](#fees) 11. [Crypto Trading Taxes in India](#tax) 12. [Choosing Your First Cryptocurrency](#first-crypto) 13. [Why Choose Unocoin for Cryptocurrency Trading?](#why-unocoin) 14. [Frequently Asked Questions](#faq) Key Takeaways — Crypto Trading in India ✔Cryptocurrency trading in India is fully legal — buy, sell, and trade on FIU-registered exchanges like Unocoin. ✔Crypto markets are open 24/7 — unlike stock markets, you can trade any time including weekends. ✔Beginners should start with spot trading using Market Orders before exploring advanced strategies. ✔All crypto trading profits are taxed at a flat 30% in India — plus 1% TDS on qualifying transactions. ✔Bitcoin and Ethereum are the most recommended cryptocurrencies for first-time traders in India. ✔Not ready to actively trade? Unocoin’s SBP (Systematic Buying Plan) lets you invest automatically from ₹100/week. **Cryptocurrency trading in India is legal, accessible, and available 24/7 through regulated exchanges like Unocoin.** Beginners can start trading Bitcoin, Ethereum, Solana, XRP, and 150+ other cryptocurrencies with as little as ₹100 — using simple Market Orders or price-targeted Limit Orders. Cryptocurrency trading has gained significant popularity in India as more people explore digital assets like Bitcoin, Ethereum, Solana, and XRP. While some investors buy cryptocurrencies for long-term wealth creation, others actively trade them to take advantage of short-term price movements. If you are new to crypto, trading may seem complicated at first. Terms like market orders, limit orders, candlestick charts, and stop-losses can feel overwhelming. However, once you understand the basics, trading becomes much easier to follow. Unlike traditional stock markets that operate only during business hours, cryptocurrency markets are open 24 hours a day, 7 days a week. This allows traders to react to market movements whenever opportunities arise. At the same time, crypto prices can be highly volatile — making it important to trade with a clear strategy and proper risk management. ## What Is Cryptocurrency Trading? [![Diagram explaining what cryptocurrency trading is showing Bitcoin price chart with buy and sell points representing how traders profit from crypto price movements in India](https://blog.unocoin.com/wp-content/uploads/2026/07/ChatGPT-Image-Jul-16-2026-05_13_28-PM-1.png "whatiscryptocurrencytradingindiaexplained | Unocoin Blog")](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/chatgpt-image-jul-16-2026-05_13_28-pm-1/)How cryptocurrency trading works buy low sell high **Cryptocurrency trading is the process of buying and selling digital currencies with the goal of benefiting from changes in their market prices.** Instead of holding an asset for several years, traders typically look for opportunities to buy at one price and sell at another based on market conditions. Simple Trading Example ①You buy Bitcoin (BTC) when it is trading at ₹60 lakh ②A few days later, Bitcoin rises to ₹65 lakh ③If you sell at the higher price, the difference (after applicable fees and taxes) becomes your potential profit The same concept applies to other cryptocurrencies such as Ethereum (ETH), Solana (SOL), XRP, and many others listed on cryptocurrency exchanges. Unlike stock markets, crypto markets operate 24/7 — meaning you can buy or sell at any time, including weekends and public holidays. **Important:** Trading also involves risk. Cryptocurrency prices can move rapidly, and there is no guarantee of profit. Successful traders focus on learning the market, following a strategy, and managing risk — not predicting every price movement. **New to crypto?** Before you start trading, it is helpful to understand the basics of buying digital assets. Read our guide on [How to Buy Cryptocurrency in India →](https://blog.unocoin.com/how-to-buy-crypto-india/) ## Is Cryptocurrency Trading Legal in India? **Yes — individuals in India can legally buy, sell, and trade cryptocurrencies through compliant cryptocurrency exchanges.** However, cryptocurrencies such as Bitcoin are not recognised as legal tender in India. Instead, they are treated as Virtual Digital Assets (VDAs) under India’s tax framework. **Legal Confirmation:** Cryptocurrency trading in India is permitted under the current regulatory framework. Unocoin is registered with FIU-IND as a compliant Virtual Asset Service Provider (VASP). If you are planning to trade cryptocurrency, keep these points in mind: •Complete the required KYC verification on your chosen exchange •Use a trusted, FIU-registered platform that follows applicable compliance requirements •Maintain records of your crypto transactions for tax filing purposes •Stay informed about regulatory updates, as rules and taxation may evolve over time **Related Guide:** Wondering how crypto profits are taxed? Read our [Crypto Tax Guide for India 2026 →](https://blog.unocoin.com/crypto-tax-india-2026/) ## Crypto Trading vs. Crypto Investing — What Is the Difference? Although the terms trading and investing are often used interchangeably, they refer to two fundamentally different approaches. Understanding the distinction is an important first step before deciding which path suits you. FeatureCrypto TradingCrypto InvestingGoalBenefit from short-term price movementsBuild long-term wealthHolding PeriodMinutes, hours, days, or weeksMonths or yearsTrading ActivityFrequent buying and sellingBuy and holdTime CommitmentHighLow to ModerateSuitable ForActive market participantsLong-term investors ### What About HODLing? HODLing is a popular strategy where investors continue holding their cryptocurrency despite short-term market fluctuations. It is commonly used by people who believe in the long-term growth potential of assets like Bitcoin — and it does not require active trading skills. ### A Beginner-Friendly Alternative: Systematic Buying Plan (SBP) What is a Systematic Buying Plan (SBP)? If actively tracking the market every day is not your goal, a Systematic Buying Plan (SBP) offers a disciplined way to build your crypto portfolio. Instead of trying to time the market, you invest a fixed amount at regular intervals — automatically. This approach — also known as **Dollar-Cost Averaging (DCA)** — helps reduce the impact of short-term market volatility by spreading your purchases over time. [Set Up Unocoin SBP from ₹100/week →](https://blog.unocoin.com/bitcoin-sip-india/) ## How to Start Trading Cryptocurrency in India — 6 Steps Once you understand the basics, the next step is learning how to place your first trade. Whether you are interested in trading Bitcoin, Ethereum, Solana, or XRP, the overall process is straightforward when using a trusted cryptocurrency exchange. **Total Setup Time:** Under 30 minutes — from account creation to your first trade on Unocoin. 1 Choose a Trusted Cryptocurrency Exchange The most important decision Your trading journey begins by selecting a reliable cryptocurrency exchange that supports INR deposits, follows regulatory requirements, and offers a secure trading experience. When comparing exchanges, consider: •Security features and account protection (2FA, cold storage) •Supported cryptocurrencies and trading pairs •Trading fees and transparent fee structure •INR deposit and withdrawal options (NEFT, IMPS) •Ease of use for beginners Tip: Unocoin allows users to buy, sell, and trade popular cryptocurrencies through a simple interface designed for both new and experienced users. 2 Complete Your KYC Verification ⏱ ~10 minutes Most cryptocurrency exchanges in India require KYC verification before accessing trading features. You will typically need to provide: ✓PAN card ✓Aadhaar card ✓Mobile number and email ✓Selfie / liveness check 3 Deposit INR into Your Account ⏱ ~5 minutes After your account is verified, add funds before placing your first trade. Most Indian crypto exchanges support convenient INR payment methods: IMPS NEFT RTGS 4 Choose the Cryptocurrency You Want to Trade Match crypto to your goals and risk tolerance Before placing your first order, decide which cryptocurrency aligns with your trading goals. Here are the most commonly traded cryptos for Indian beginners: ₿ Bitcoin (BTC) World’s first and largest cryptocurrency — highest liquidity, mature market. Suitable for first-time traders and long-term investors alike. Ξ Ethereum (ETH) Powers thousands of decentralised apps and smart contracts. One of the most widely used blockchain networks with strong trading volume. ◎ Solana (SOL) Known for fast transaction speeds and low network fees. More volatile than Bitcoin — attracts traders looking for high-growth blockchain exposure. ✕ XRP Designed for fast, low-cost cross-border payments. Remains one of the most actively traded cryptocurrencies in global markets. **Beginner Tip:** If you are new to cryptocurrency trading, starting with well-established assets like Bitcoin or Ethereum is generally easier than trading newer or low-liquidity tokens. 5 Place Your First Trade Market Order or Limit Order Once you have selected a cryptocurrency, it is time to place your first order. You will typically choose between two order types — covered in detail in the next section below. 6 Monitor Your Portfolio Ongoing — develop a disciplined approach Placing a trade is only the beginning. Successful trading also involves tracking your portfolio and reviewing market movements over time. Instead of reacting to every price fluctuation, consider: •Reviewing your portfolio at regular intervals — not obsessively •Setting realistic profit and loss expectations before each trade •Avoiding impulsive decisions based on social media trends •Staying informed about major market developments via trusted sources --- ## Market Order vs. Limit Order — What Is the Difference? [![Comparison diagram of Market Order vs Limit Order in cryptocurrency trading showing instant execution of market orders and price targeted execution of limit orders on a crypto exchange in India](https://blog.unocoin.com/wp-content/uploads/2026/07/ChatGPT-Image-Jul-16-2026-05_19_30-PM.jpg "marketordervslimitordercryptotradingindia | Unocoin Blog")](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/chatgpt-image-jul-16-2026-05_19_30-pm/)Market Order vs Limit Order how they work in crypto tradingWhen trading on an exchange, you will typically choose between two common order types. Understanding the difference can help you make more informed trading decisions from your very first trade. Market Order A Market Order **buys or sells immediately** at the best available market price. This is the simplest order type — commonly used by beginners who want their trade to execute as quickly as possible. EXAMPLE Bitcoin is at ₹95,00,000. You want to buy immediately. A Market Order executes at the best available price right now. Best for: beginners, urgent trades, high liquidity assets Limit Order A Limit Order lets you **specify the exact price** at which you want to buy or sell. Your order stays open until the market reaches your chosen price — or you cancel it. EXAMPLE Bitcoin is at ₹95,00,000 but you believe it may drop to ₹92,00,000. You place a Limit Buy at ₹92,00,000 — executes only if that price is reached. Best for: planned entries, target price exits, experienced traders FeatureMarket OrderLimit OrderExecutionImmediateOnly at your specified priceSpeedFastDepends on market conditionsPrice ControlLower (may slip in volatile markets)Higher (you set the price)Best ForBeginners and urgent tradesPlanned entries and exits **For Most Beginners:** Start with a Market Order for your first purchase — it is the simplest option and executes immediately. As you gain experience, Limit Orders can help you trade at your preferred price levels. ## Understanding Basic Crypto Charts for Beginners Before making trading decisions, it is helpful to understand how cryptocurrency price charts work. While professional traders use advanced technical indicators, beginners only need to learn three core concepts to get started. [![Candlestick chart diagram showing green and red candles for cryptocurrency price movements explaining how to read crypto charts for beginners in India](https://blog.unocoin.com/wp-content/uploads/2026/07/Untitled-design-2.jpg "candlestickchartcryptotradingindiabeginners | Unocoin Blog")](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india-2/untitled-design-2-2/)Candlestick chart diagram showing green and red candles for cryptocurrency price movements explaining how to read crypto charts for beginners in IndiaCandlestick Charts Candlestick charts are the most commonly used way to visualise cryptocurrency price movements. Each candlestick represents price activity during a selected time period and shows four key prices: **Open:** Price at start of period **Close:** Price at end of period **🟢 Green candle:** Closed higher than it opened (price went up) **🔴 Red candle:** Closed lower than it opened (price went down) Trading Volume Trading volume refers to the total amount of a cryptocurrency bought and sold during a specific period. **Higher trading volume often suggests stronger market participation**, while lower volume may indicate reduced trading activity. For beginners, volume provides additional context when evaluating price movements. Support and Resistance Two basic concepts that many traders use when reading charts: 🟢 Support A price level where buying interest tends to increase — potentially slowing a decline. Price often “bounces” off support. 🔴 Resistance A price level where selling pressure tends to increase — potentially limiting further price gains. Price often stalls at resistance. Note: Support and resistance levels are not guarantees — they are areas where price behaviour may change based on historical patterns. **Want to learn more?** Read our detailed guide on [How to Read Crypto Charts and Technical Analysis →](https://blog.unocoin.com/how-to-read-crypto-charts/) to understand candlestick patterns, indicators, and charting tools in greater depth. ## Types of Cryptocurrency Trading — Which Style Suits You? Not every crypto trader follows the same approach. Choosing the right trading style depends on your experience, available time, financial goals, and risk tolerance. Here are the four most common types: SPOT TRADING Spot Trading — Simplest & Most Popular You buy a cryptocurrency at the current market price and own the actual asset. You can hold it or sell it later based on your strategy. This is the most beginner-friendly approach. Best suited for: Beginners · Long-term investors · Anyone who wants to own crypto SWING TRADING Swing Trading — Short to Medium Term Swing traders aim to benefit from price movements that occur over several days or weeks. This style requires some understanding of chart patterns and market analysis — but generally involves less screen time than day trading. Best suited for: Part-time traders · Users with basic market knowledge DAY TRADING Day Trading — High Activity, High Risk Day trading involves buying and selling cryptocurrencies within the same day. Because crypto markets operate 24/7, day traders often monitor price movements closely and may place several trades throughout the day. This carries higher risk and requires discipline, experience, and a well-defined strategy. Best suited for: Experienced traders · Active, full-time market participants POSITION TRADING Position Trading — Long-Term Trends Position traders focus on long-term market trends rather than daily price fluctuations. Trades may remain open for several weeks or months. This approach combines elements of investing and active trading — based on broader market analysis rather than short-term volatility. Best suited for: Investors with a long-term outlook · Less frequent traders **Not sure which style is right for you?** Beginners are generally better off starting with **spot trading** before exploring more advanced approaches like swing or day trading. ## Tips for Trading Cryptocurrency Safely in India Successful trading is not just about finding the right opportunity — it is also about protecting your capital. Developing good habits early can help reduce unnecessary risks and improve decision-making over the long term. **Start Small** Avoid investing a large amount in your first few trades. Starting small allows you to learn how the market works while limiting potential losses during the learning curve. **Never Invest More Than You Can Afford to Lose** Cryptocurrency prices can fluctuate significantly within short periods. Only use money that fits within your financial goals and risk tolerance — never emergency funds or borrowed money. **Diversify Your Portfolio** Rather than investing all your funds in a single cryptocurrency, consider spreading your investment across multiple assets. Diversification may help reduce the impact of sharp price movements in any one asset. **Avoid Emotional Trading** Many beginners make decisions based on fear or excitement — buying because everyone else is buying (FOMO), or panic-selling during temporary market declines. Successful traders rely on research and planning instead of emotions. **Continue Learning** The cryptocurrency market evolves quickly. Following trusted educational resources, market updates, and industry news can help you make more informed decisions over time. The Unocoin blog is a good place to start. ## Common Mistakes Beginners Should Avoid in Crypto Trading Every trader makes mistakes, especially when starting out. Consequently, understanding common pitfalls in advance can help you avoid costly decisions before they happen. 1 **Trading Without a Plan** Buying and selling without a clear strategy leads to inconsistent results. Before placing any trade, decide: why you are entering, your target price, your maximum acceptable loss, and when you will exit. 2 **Investing Everything at Once** Putting all your money into a single trade increases your exposure to market volatility. Many experienced investors prefer building positions gradually over time instead of investing a lump sum all at once. 3 **Chasing Market Hype** Social media trends and viral posts can influence market sentiment, but they should never be the sole reason to buy a cryptocurrency. Always research a project independently before investing. 4 **Ignoring Trading Fees** Trading fees, spreads, network fees, and withdrawal charges can significantly affect your overall returns — especially if you trade frequently. Understanding the full fee structure of your exchange helps you calculate potential profits more accurately. 5 **Expecting Quick Profits** Cryptocurrency trading is not a guaranteed way to make money quickly. Consistent success requires patience, education, and disciplined decision-making. Focus on learning rather than trying to profit from every single trade. ## Understanding Crypto Trading Fees in India Every cryptocurrency trade may involve certain costs. Being aware of these fees beforehand helps you understand your total trading expenses and calculate net returns more accurately. Trading Fees A fee charged by the exchange when you buy or sell a cryptocurrency. Unocoin charges a flat **0.7%** per trade — shown transparently before you confirm. Spread The difference between the highest price buyers are willing to pay (bid) and the lowest price sellers will accept (ask). Tighter spreads mean lower implicit trading costs. Network Fees When transferring cryptocurrency between wallets, blockchain networks charge a transaction fee (also called gas fees). These are paid to the network — not the exchange — and vary by blockchain and congestion. Withdrawal Fees Some exchanges charge a fee when withdrawing cryptocurrencies or INR, depending on the withdrawal method and asset. INR withdrawals on Unocoin are free of charge. **Tip:** Before placing your first trade, review the fee structure of your chosen exchange carefully — so you understand the total cost of each transaction and can calculate net returns accurately. ## Crypto Trading Taxes in India — What Every Trader Must Know If you are trading cryptocurrency in India, it is important to understand that all crypto transactions have tax implications. Under India’s tax framework, cryptocurrencies are treated as Virtual Digital Assets (VDAs) — and profits from trading are taxed accordingly. Crypto Tax Quick Summary — FY 2026-27 30% Flat tax on all crypto trading profits 1% TDS on qualifying transactions ❌ No loss offsetting against other income To make tax reporting easier, follow these habits from day one: •Keep records of every purchase and sale — date, amount, price, exchange •Save transaction receipts and downloadable statements from Unocoin •Track trading fees, network fees, and transfer history separately •Declare all VDA income in your ITR using Schedule VDA (ITR-2 or ITR-3) **Read next:** Our comprehensive [Crypto Tax Guide for India 2026 →](https://blog.unocoin.com/crypto-tax-in-india-2026/) explains 30% tax, 1% TDS, ITR filing, Form 26AS, and reporting requirements in full detail. ## Choosing Your First Cryptocurrency to Trade in India One of the biggest questions new traders ask is: *“Which cryptocurrency should I start with?”* While there is no one-size-fits-all answer, many beginners choose established cryptocurrencies because they generally have higher liquidity, stronger market adoption, and broader availability on Indian exchanges. CryptocurrencyWhy Beginners Choose ItBitcoinLargest cryptocurrency by market cap — highest liquidity, most widely available on Indian exchanges, most recognised globallyEthereumPopular blockchain platform with a large developer and user ecosystem — strong trading volume and wide adoption in IndiaSolanaKnown for fast transactions and growing adoption — appeals to traders seeking high-growth blockchain exposureXRPFrequently used for cross-border payment solutions — actively traded with relatively low price per unitTetherA stablecoin often used to hold value between trades — avoids price volatility while remaining liquid on exchanges **Beginner Advice:** If you are new to crypto, focus on understanding how the market works with well-established assets before exploring newer or more volatile tokens. Start with [Bitcoin on Unocoin →](https://unocoin.com) --- ## Why Choose Unocoin for Cryptocurrency Trading in India? Choosing the right cryptocurrency exchange is just as important as deciding what to trade. A reliable platform should offer strong security, transparent pricing, an easy-to-use interface, and support throughout your trading journey. Since 2013, Unocoin has been helping Indians buy, sell, and manage cryptocurrencies through a secure and beginner-friendly platform. Whether you are placing your first Bitcoin trade or building a diversified crypto portfolio, Unocoin provides the tools to help you get started with confidence. 150+ Cryptocurrencies Trade Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and many more Easy INR Support Deposit and withdraw via NEFT and IMPS — free INR withdrawals 24hrs & 7 Days Beginner-Friendly Interface Designed for both new and experienced traders — clean, simple layout Bank-Grade Security 2FA, cold storage, multi-sig wallets — industry-standard security practices Systematic Buying Plan (SBP) [India’s first crypto SIP](https://blog.unocoin.com/bitcoin-sip-india/) — invest automatically from ₹100/week without timing the market Portfolio Tracking Monitor all your crypto holdings, transaction history, and tax statements in one place Ready to begin cryptocurrency trading in India? Create your Unocoin account, complete KYC verification, and start trading with confidence. [👉 Start Trading on Unocoin →](https://unocoin.com) --- ## Frequently Asked Questions — Crypto Trading India QWhat is cryptocurrency trading? Cryptocurrency trading is the process of buying and selling digital assets such as Bitcoin or Ethereum with the aim of benefiting from price movements. Traders may hold assets for minutes, days, or weeks depending on their strategy. QIs cryptocurrency trading legal in India? Yes. Individuals in India can buy, sell, and trade cryptocurrencies through compliant exchanges. Cryptocurrencies are not recognised as legal tender but are treated as Virtual Digital Assets (VDAs) subject to applicable regulations and a 30% flat tax on profits. QHow much money do I need to start trading crypto? The minimum investment depends on the exchange you choose. On Unocoin, users can start trading with as little as ₹100 — making crypto trading accessible to virtually every Indian investor. QWhich cryptocurrency is best for beginners in India? Bitcoin and Ethereum are often considered the best starting points because of their established market presence, higher liquidity, and widespread adoption on Indian exchanges. Both are available on Unocoin. QWhat is the difference between a Market Order and a Limit Order? A Market Order executes immediately at the best available price, while a Limit Order executes only when the market reaches the price you specify. Market Orders are better for speed; Limit Orders give greater price control. QCan I trade cryptocurrency every day in India? Yes. Cryptocurrency markets operate 24 hours a day, 7 days a week — including weekends and public holidays. You can trade at any time on Unocoin. QIs cryptocurrency trading risky? Yes. Cryptocurrency prices can be highly volatile, and there is no guarantee of profit. It is important to research thoroughly, manage risk carefully, start small, and invest only what you can afford to lose. QDo I need to learn technical analysis before trading? Not necessarily. Beginners can start by understanding basic concepts such as candlestick charts, trading volume, and support and resistance levels before exploring more advanced technical analysis tools. QHow are cryptocurrency trades taxed in India? All crypto trading profits in India are taxed at a flat 30% rate plus 4% cess under Section 115BBH. A 1% TDS is also deducted on qualifying transactions. Losses cannot be offset against other income. QCan I invest instead of actively trading? Yes. Many people prefer long-term investing over active trading. Unocoin’s Systematic Buying Plan (SBP) lets you invest a fixed amount automatically at regular intervals — reducing the impact of short-term market volatility without requiring daily market monitoring. QWhat are the biggest mistakes new crypto traders make? Common mistakes include: trading without a clear strategy, investing more than you can afford to lose, following market hype without research, ignoring trading fees, and allowing fear or excitement to drive decisions instead of a plan. QShould I keep all my money in one cryptocurrency? Diversification can help reduce portfolio risk. Rather than relying on a single cryptocurrency, many investors spread investments across multiple assets — such as Bitcoin, Ethereum, and USDT — based on their goals and risk tolerance. --- ## Final Thoughts — Getting Started with Crypto Trading in India Cryptocurrency trading offers exciting opportunities — but it also requires knowledge, discipline, and a clear understanding of risk. While short-term price movements can create trading opportunities, successful traders focus on developing consistent strategies rather than chasing quick profits. If you are just getting started, take time to understand how cryptocurrency markets work, begin with smaller investments, and continue learning as you gain experience. Building good trading habits — such as managing risk, staying informed, and avoiding emotional decisions — can make a meaningful difference over the long term. Whether your goal is active trading or long-term investing, using a trusted cryptocurrency exchange can help simplify the process. With features such as easy INR transactions, secure account protection, and a beginner-friendly Systematic Buying Plan (SBP), Unocoin provides a practical and accessible starting point for anyone looking to participate in India’s growing crypto ecosystem. Ready to start your crypto trading journey in India? Join India’s oldest crypto exchange — trusted since 2013. [👉 Open Your Free Unocoin Account →](https://unocoin.com) Disclaimer Cryptocurrency trading involves significant risk. Always conduct your own research and consult a qualified financial professional before making investment decisions. They could be highly volatile. Please DYOR (Do Your Own Research). Related Guides on the Unocoin Blog →[How to Buy Cryptocurrency in India — Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[How to Sell Cryptocurrency in India & Withdraw INR](https://blog.unocoin.com/how-to-sell-crypto-in-india/) →[Crypto Tax Guide India 2026 — 30% Tax, 1% TDS & ITR Filing](https://blog.unocoin.com/crypto-tax-in-india-2026/) →[What is Bitcoin? Complete Guide for Indian Investors](https://blog.unocoin.com/what-is-bitcoin/) →[What is Blockchain? Simple Explanation for Indian Beginners](https://blog.unocoin.com/what-is-blockchain/) →[Best Cryptocurrency Exchange in India 2026 — Full Comparison](https://blog.unocoin.com/best-cryptocurrency-exchange-india/) **Categories:** Blog, Featured **Tags:** Bitcoin Trading, trading crypto --- ### [Bitcoin Holds Above $64,600 as Softer US Inflation Lifts Crypto Market Sentiment](https://blog.unocoin.com/bitcoin-holds-above-64600-as-cooling-us-inflation-boosts-crypto-market/) **Published:** July 16, 2026 **Author:** Unocoin News **Excerpt:** Bitcoin traded above $64,600 on Thursday as softer US inflation data strengthened investor confidence across global financial markets. Ethereum extended its weekly gains while Solana and XRP also moved higher, with investors closely monitoring upcoming Federal Reserve commentary and institutional investment flows. **Content:** Bitcoin remained above $64,600 after softer US inflation data improved investor confidence. Ethereum continued its weekly rally while Solana and XRP also traded higher as markets awaited fresh Federal Reserve commentary. Key Takeaways - Bitcoin traded above **$64,600** as softer US inflation data supported market sentiment. - Ethereum extended its weekly gains while Solana and XRP also traded higher. - Improving institutional investment flows helped strengthen confidence across digital assets. - Investors are now watching upcoming Federal Reserve commentary for the market’s next direction. ## Bitcoin Holds Steady Above $64,600 Bitcoin traded near **$64,600** on Thursday as cryptocurrency markets responded positively to softer-than-expected US inflation data. Lower inflation reduced concerns about additional interest rate hikes, encouraging investors to return to risk assets, including cryptocurrencies. After a volatile start to the week, Bitcoin stabilized above an important psychological level while the broader digital asset market posted moderate gains. The improvement in sentiment was also reflected across global financial markets as investors anticipated a more balanced monetary policy outlook. ## Ethereum and Solana Continue Higher Ethereum remained one of the strongest performers among major cryptocurrencies, extending gains recorded over the past week. Solana, XRP and several other leading digital assets also traded in positive territory, highlighting broader market participation rather than strength being limited to Bitcoin alone. The recovery suggests investors are gradually increasing exposure to digital assets as macroeconomic conditions improve. ## Institutional Interest Supports the Market Market sentiment also received support from renewed institutional investment activity. Recent inflows into spot Bitcoin investment products indicate that larger investors continue to monitor Bitcoin as a long-term asset despite short-term volatility. Although daily investment flows continue to fluctuate, sustained institutional participation remains an important indicator for the overall health of the cryptocurrency market. ## Global Developments Remain in Focus Beyond macroeconomic data, investors are closely watching regulatory developments across major economies. Recent policy discussions in Asia and continued conversations around digital asset regulation globally reflect increasing recognition of cryptocurrencies within the financial system. Clearer regulations and growing institutional participation continue to strengthen long-term confidence in the digital asset ecosystem. ## What This Means for Indian Crypto Investors Indian investors should continue monitoring global macroeconomic developments, as international inflation trends, central bank decisions and institutional investment flows often influence cryptocurrency prices worldwide. While short-term volatility remains, disciplined investing and long-term planning continue to be important considerations for market participants. ## Market Outlook Bitcoin continues to trade above an important support zone near $64,000. Market participants will closely monitor upcoming economic data releases and Federal Reserve commentary for further direction. If inflation continues to moderate and institutional demand remains healthy, overall market sentiment could remain constructive in the near term. --- **Source:** Market data compiled from publicly available sources, including CoinMarketCap and official economic releases. *Disclaimer:* This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments are subject to market risks. Always conduct your own research before making investment decisions. **Categories:** News **Tags:** bitcoin, Btc, crypto market --- ### [How to Buy Bitcoin Safely in India with Unocoin?](https://blog.unocoin.com/how-to-buy-bitcoin-safely-in-india-with-unocoin/) **Published:** January 6, 2025 **Author:** Unocoin Growth **Content:** Bitcoin has become a popular investment choice for Indians, offering a secure and decentralized alternative to traditional assets. If you’re looking to buy Bitcoin safely in India, **Unocoin** provides a reliable and user-friendly platform. Here’s a step-by-step guide tailored to Unocoin’s bank transfer process for INR deposits. ### **Step 1: Sign Up on Unocoin** 1. **Create an Account**: Visit the[ Unocoin website](https://www.unocoin.com) or download the Unocoin app. Register using your email address and set a strong password. 2. **Complete KYC Verification**: Submit your PAN card, Aadhaar card, and a recent photo for verification. This ensures compliance with Indian regulations and enhances account security. ### **Step 2: Add INR to Your Unocoin Wallet** Unocoin uses a **bank transfer system** for INR deposits. Follow these steps to fund your account: 1. **Bank Transfer Details**: Log in to your Unocoin account, navigate to the “Deposit INR” section, and note down Unocoin’s bank account details. 2. **Initiate Bank Transfer**: Using your personal bank account, transfer the desired amount to Unocoin’s bank account. 3. **Enter the Reference Number**: Once the transfer is complete, obtain the reference or transaction ID from your bank. Enter this reference number into the designated field on your Unocoin account to confirm the deposit. 4. **Wait for Confirmation**: The funds will be credited to your Unocoin wallet once the payment is verified, typically within a few minutes to a couple of hours. ### **Step 3: [Buy Bitcoin](https://unocoin.com/in/exchange/inr/btc)** After your INR deposit is credited, follow these steps to purchase Bitcoin: 1. **Access the Bitcoin Section**: Log in to Unocoin and go to the “Buy Bitcoin” page. 2. **Specify the Amount**: Enter the amount of Bitcoin you wish to buy in INR or the quantity of Bitcoin. 3. **Confirm the Transaction**: Review the transaction details and confirm your purchase. The Bitcoin will be credited to your Unocoin wallet instantly. ### **Step 4: Secure Your Bitcoin** Unocoin provides an integrated wallet for storing your Bitcoin. For enhanced security: 1. **Enable Two-Factor Authentication (2FA)**: Protect your account with an additional layer of security. 2. **Consider Cold Storage**: For long-term holdings, transfer your Bitcoin to an offline hardware wallet. ### **Why Choose Unocoin?** - **Trusted Platform**: Unocoin is one of India’s oldest and most reputable cryptocurrency exchanges. - **Secure Transactions**: The platform employs robust security measures, including encryption and 2FA. - **Bank Transfer Simplicity**: The straightforward bank transfer process ensures seamless INR deposits. - **Regulatory Compliance**: Unocoin adheres to all Indian crypto regulations, offering a safe and legal trading experience. ### **Pro Tips for Buying Bitcoin Safely** 1. **Double-Check Transfer Details**: Ensure the bank account details and reference numbers are correct before initiating a deposit. 2. **Use Your Own Bank Account**: Transfers from third-party accounts may not be accepted. 3. **Avoid Public Networks**: Use a secure internet connection for all transactions. ### **Conclusion** Buying Bitcoin in India is safe and hassle-free with Unocoin’s bank transfer system. By following this guide, you can confidently invest in Bitcoin, knowing your funds and transactions are secure. Whether you’re a first-time buyer or an experienced investor, Unocoin offers a trusted platform to navigate the exciting world of cryptocurrency. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin, Buy Bitcoin In India, Buy BTC --- ### [How to Choose the Safest Crypto Trading App in India (2025 Guide)](https://blog.unocoin.com/safest-crypto-trading-app-in-india-unocoin/) **Published:** October 7, 2025 **Author:** Unocoin Growth **Content:** As the popularity of cryptocurrencies continues to grow in India, choosing the safest crypto trading app in India has become more important than ever. With multiple exchanges offering trading options for Bitcoin, Ethereum, and other cryptocurrencies, identifying a secure crypto exchange in India that protects your funds and data is essential. One name that consistently stands out for safety, transparency, and user trust is the Unocoin app — India’s best crypto trading app for security, serving millions of users since 2013. ## 1. Regulatory Compliance and Security Standards When evaluating the safest crypto trading app in India, always check if the platform follows Indian crypto exchange security norms and KYC/AML regulations. Unocoin ensures full compliance with these norms, providing a legally secure environment for crypto investors. **Unocoin Advantage:** - RBI-compliant KYC verification - Transparent operations - Licensed and audited infrastructure ## 2. Advanced Security Features The **best crypto trading app for security** must include robust security layers like encryption, cold storage, and 2FA (two-factor authentication). **Unocoin Security Highlights:** - 95% of funds are stored in offline cold wallets - 2FA and OTP verification for every transaction - Real-time fraud detection systems - SSL encryption and IP whitelisting These features make Unocoin one of the safest crypto trading apps in India and a trusted platform among safe cryptocurrency platforms. ## 3. User Control and Transparency A secure crypto exchange in India should give users control over their assets and complete transparency regarding fees and trading activity. **With Unocoin, you get:** - Transparent fee structure - Instant deposit and withdrawal tracking - Portfolio overview and transaction history ## 4. Proven Reputation and Experience Before trusting any platform, always look at its track record. The Unocoin app, established in 2013, is India’s oldest Bitcoin trading app in India and one of the most trusted safe cryptocurrency platforms. Thousands of Indian traders use Unocoin to buy, sell, and store cryptocurrencies safely. ## 5. Customer Support and Education A safest crypto trading app in India doesn’t stop at security — it also supports its users. **Unocoin provides:** - 24/7 customer support via chat and email - Educational blogs, videos, and market insights with crypto trading safety tips - Transparent communication on platform updates ## 6. Why Unocoin is the Safest Crypto Trading App in India Here’s why millions of Indians trust Unocoin for their crypto journey: - Over a decade of secure operations - Low trading fees and fast settlements - Paper wallet and crypto lending features - ISO-certified infrastructure for maximum safety Whether you’re a beginner or a seasoned trader, Unocoin ensures a safe, smooth, and transparent trading experience on a secure crypto exchange in India. ## Conclusion: Your Gateway to Safe Crypto Trading Choosing the safest crypto trading app in India requires careful evaluation of security, compliance, and trust. With over 10 years of reliability, cutting-edge security features, and a user-first approach, Unocoin remains the best crypto trading app for security and India’s top choice for safe cryptocurrency platforms. Start your safe crypto journey today — Download the Unocoin App and trade with confidence. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Crypto trading, Safest Exchange, Spot Trading --- ### [What PACT’s New Proposal Means for Crypto Security?](https://blog.unocoin.com/what-pacts-new-proposal-means-for-crypto-security/) **Published:** May 18, 2026 **Author:** Unocoin Growth **Content:** As Bitcoin continues to mature as a global financial asset, conversations around its long-term security are becoming more sophisticated. One of the most debated future risks is the rise of quantum computing—a technological leap that could potentially challenge the cryptographic foundations of many digital systems, including Bitcoin. In this context, a new proposal titled **Provable Address-Control Timestamps (PACTs)** is gaining attention for offering a forward-looking solution. Introduced by researcher Dan Robinson, the idea aims to protect vulnerable Bitcoin holdings from potential quantum threats—without requiring immediate movement of funds. ### **Understanding the Quantum Risk** Bitcoin’s security today relies on cryptographic algorithms that are considered highly secure against classical computing. However, future “cryptographically relevant quantum computers” (CRQCs) could, in theory, break certain cryptographic assumptions—especially in cases where public keys are already exposed. This risk is particularly relevant for early Bitcoin wallets, including dormant addresses believed to hold significant amounts of BTC. In such cases, if a quantum computer were capable enough, it could potentially derive private keys from exposed public keys and access those funds. While such a scenario is not imminent, the crypto ecosystem is beginning to prepare for it proactively. ### **What Are PACTs and Why Do They Matter?** PACT introduces a simple yet powerful idea: prove ownership today without moving funds. Under this model, Bitcoin holders can generate a cryptographic proof confirming they control a specific address. This proof is then timestamped using a system like OpenTimestamps and anchored to the Bitcoin blockchain via an OP\_RETURN transaction. The key advantage? The actual Bitcoin does not need to be transferred to a new wallet. This is particularly important for long-term holders who may prefer not to disturb their holdings, whether for security, operational, or privacy reasons. ### **Privacy Without Compromise** One of the most compelling aspects of PACT is its “silent” nature. Traditional methods of securing funds—such as moving them to new addresses—often reveal activity on-chain. This can unintentionally signal that a dormant wallet is active, attracting attention. PACT avoids this by allowing users to create ownership proofs without exposing sensitive data or publicly linking identities. In a space where privacy remains a core value, this design choice is highly significant. ### **Preparing for a “Quantum Sunset”** A major challenge facing the Bitcoin community is how to handle vulnerable coins if quantum threats become real. Some earlier proposals suggested a forced “sunset” of exposed addresses—essentially freezing them unless funds are moved to quantum-safe alternatives. While effective in theory, such approaches could penalize users who fail to act in time. PACT offers a more balanced alternative. If a future protocol upgrade introduces such a freeze, users who have created PACT proofs could reclaim their funds using advanced cryptographic methods like STARK proofs—considered resistant to quantum attacks. This shifts the approach from reactive to proactive, giving users the flexibility to secure their assets without immediate disruption. ### **Focus on Dormant and Early Holdings** The proposal is particularly relevant for early Bitcoin wallets, many of which have remained untouched for years. It is estimated that over a million Bitcoins are held in dormant addresses, including those attributed to Bitcoin’s early adopters. These wallets often have exposed public keys, making them theoretically more vulnerable in a quantum scenario. PACT provides a way to secure such holdings without requiring owners to reveal themselves or actively move funds—preserving both security and anonymity. ### **What Needs to Happen Next** While the concept is promising, its success depends on broader ecosystem adoption. For PACTs to function fully, the Bitcoin network would eventually need to support advanced verification systems, such as STARK-based proofs. This would likely require a protocol upgrade, potentially through a soft fork. Additionally, standardization will be crucial. Clear guidelines on how PACTs are created, stored, and verified will need to be established to ensure interoperability and reliability across the network. ### **Challenges to Consider** Despite its advantages, PACT is not without limitations. First, it requires proactive participation. Users must generate and securely store their proofs before any quantum threat materializes. Without this step, the benefits cannot be realized. Second, the infrastructure required to support future claims—such as STARK verification—is not yet integrated into Bitcoin. This means PACT is more of a preparatory mechanism than an immediate solution. Finally, it does not eliminate the quantum risk entirely. Instead, it provides a framework for proving ownership in a post-quantum scenario, acting as a bridge toward more comprehensive security upgrades. ### **A Step Toward Long-Term Resilience** The introduction of PACT reflects a broader shift in how the crypto industry approaches security. Rather than waiting for threats to become urgent, developers and researchers are exploring solutions years in advance. This proactive mindset is essential for a system like Bitcoin, which is designed to operate across decades, not just market cycles. PACT may not be the final answer to quantum risks, but it represents an important step in that direction—balancing innovation, practicality, and user autonomy. ### **Final Thoughts** As Bitcoin continues to evolve, so too must the strategies used to protect it. The PACT proposal highlights an important reality: future risks require present-day preparation. By enabling users to secure their holdings without disrupting them, it offers a thoughtful approach to one of the most complex challenges facing crypto today. For investors and long-term holders, the message is clear—security is not just about safeguarding assets today, but about ensuring they remain protected in the technologies of tomorrow. **Categories:** Blog, News **Tags:** Cryptocurrency, Unocoin --- ### [Best Cryptocurrency Exchange in India (2026)](https://blog.unocoin.com/best-cryptocurrency-exchange-india/) **Published:** July 10, 2026 **Author:** Unocoin Growth **Excerpt:** Looking for the best cryptocurrency exchange in India? Compare Unocoin, CoinDCX, WazirX, CoinSwitch, ZebPay on fees, security, INR support, KYC, and more. **Content:** [Home](https://blog.unocoin.com/) ›Best Cryptocurrency Exchange in India 2026Table of Contents 1. [Best Cryptocurrency Exchange in India 2026](#intro) 2. [Quick Answer: Which Is the Best Exchange?](#quick-answer) 3. [How to Choose the Best Crypto Exchange in India](#how-to-choose) 4. [Top Exchanges Compared — Feature Table](#comparison) 5. [Unocoin Review](#unocoin-review) 6. [CoinDCX Review](#coindcx-review) 7. [WazirX Review](#wazirx-review) 8. [CoinSwitch Review](#coinswitch-review) 9. [ZebPay Review](#zebpay-review) 10. [Binance Review (India)](#binance-review) 11. [Which Exchange Should You Choose?](#which-exchange) 12. [Frequently Asked Questions](#faq) **The best cryptocurrency exchange in India in 2026 depends on your goals — but top options include Unocoin, CoinDCX, WazirX, CoinSwitch, ZebPay, and Binance.** Each platform offers different strengths in terms of security, INR support, fees, supported coins, and ease of use. This guide compares all seven to help you make the right choice. The cryptocurrency market in India has evolved significantly over the last decade. Today, investors have access to several cryptocurrency exchanges offering everything from [instant Bitcoin purchases](https://blog.unocoin.com/how-to-buy-crypto-india/) to advanced trading tools, crypto wallets, recurring investments, and INR deposits. However, choosing the right exchange is about more than simply comparing trading fees. Security, regulatory compliance, liquidity, customer support, and ease of use all play an important role in your overall investing experience. Furthermore, with Indian regulations evolving rapidly, choosing an FIU-registered, compliant platform is more important than ever. Whether you are a beginner buying your first Bitcoin or an experienced trader managing a diversified crypto portfolio, selecting the right exchange can help you trade more confidently. In this guide, we compare the most popular cryptocurrency exchanges available to Indian users in 2026: Unocoin CoinDCX WazirX CoinSwitch ZebPay Binance ## Quick Answer: Which Is the Best Cryptocurrency Exchange in India? Best Crypto Exchange India 2026? 1.Best for Beginners & Long-term Investors: Unocoin — India’s oldest exchange (est. 2013), simple interface, full INR support 2.Best for Active Traders: CoinDCX or WazirX — advanced tools, high liquidity, wide asset selection 3.Best for Global Markets & Altcoins: Binance — widest crypto selection, global liquidity 4.Best for Security-first Investors: Unocoin or ZebPay — long operating history in India, conservative approach If you are looking for a trusted Indian cryptocurrency exchange with a long operating history, easy INR transactions, and a beginner-friendly experience, Unocoin stands out as one of the leading choices. Other exchanges such as CoinDCX, WazirX, CoinSwitch, ZebPay, and Binance may appeal to different types of users depending on their trading needs, supported assets, and preferred features. **Editor’s Note:** There is no single “best” exchange for everyone. The right platform depends on your investment goals, preferred cryptocurrencies, security expectations, and trading style. Always review current platform terms before opening an account. ## How to Choose the Best Cryptocurrency Exchange in India Choosing a crypto exchange should not be based solely on advertising or referral bonuses. Instead, evaluate each platform using the following criteria — all of which directly affect your day-to-day investing experience. 1 Security Security is the foundation of any cryptocurrency exchange. Before creating an account, look for: Two-Factor Authentication (2FA), encryption of sensitive data, withdrawal confirmation mechanisms, secure wallet infrastructure (cold storage, multi-sig), and account activity monitoring. A secure platform protects both your funds and your personal information. 2 INR Deposits and Withdrawals Indian users typically want an exchange that allows seamless conversion between cryptocurrency and Indian Rupees. Look for support for UPI, IMPS, NEFT, and bank transfers. The easier it is to move money in and out of your account, the smoother your overall investing experience will be. 3 Trading Fees Fees vary between exchanges and can significantly impact your overall returns — especially if you trade frequently. Compare trading fees, deposit and withdrawal fees, spreads, and any hidden charges. Transparent, flat-fee pricing is generally easier to plan around than tiered fee structures with variable spreads. 4 Supported Cryptocurrencies Some investors focus only on Bitcoin, while others want access to Ethereum, XRP, Solana, meme coins, stablecoins, and emerging digital assets. Choose a platform that supports the cryptocurrencies you plan to buy, sell, or hold. Additionally, confirm that assets are available for INR trading — not just crypto-to-crypto pairs. 5 KYC Process Most regulated exchanges require Know Your Customer (KYC) verification before enabling full account functionality. A streamlined KYC process — ideally completed within a few hours using PAN and Aadhaar — reduces onboarding time and allows you to start investing sooner. 6 Mobile App Experience A reliable mobile app should make it easy to buy and sell crypto, track prices, monitor your portfolio, receive market alerts, manage security settings, and withdraw INR. For many Indian investors, the mobile experience is just as important — if not more so — than the desktop platform. 7 Customer Support Responsive customer support is especially valuable when dealing with account verification, deposits, withdrawals, or technical issues. Before choosing an exchange, review the support channels available — such as email, help centres, or in-app assistance — and check community reviews for typical response times. ## Top Cryptocurrency Exchanges in India — Full Comparison Table (2026) The table below compares the seven most popular cryptocurrency exchanges available to Indian users across the features that matter most. Use it as a quick reference before diving into the individual reviews. FeatureUnocoinCoinDCXWazirXCoinSwitchZebPayBinanceFounded201320182018201720142017Indian PlatformYesYesYesYesYesNoINR SupportFullFullFullFullFullVariesKYC RequiredYesYesYesYesYesYesMobile AppExcellentExcellentExcellentExcellentGoodExcellentAdvanced TradingModerateHighHighModerateModerateExcellentBest ForLong-term investors & beginnersActive tradersFrequent tradersFirst-time investorsLong-term holdersGlobal markets Disclaimer: Features, supported assets, fees, and services may change over time. Always review the latest information on each exchange’s official website before opening an account. ## Unocoin Review — Best Crypto Exchange in India for Beginners Unocoin India’s First Bitcoin Exchange · Est. 2013 Founded in 2013, Unocoin is one of India’s earliest cryptocurrency exchanges and has been part of the country’s crypto ecosystem for over a decade. It focuses on providing a straightforward experience for users who want to buy, sell, and manage cryptocurrencies with full INR support. Best For First-time crypto investors Long-term Bitcoin holders Simple interface users INR-focused investors Bitcoin SIP investors Key Features ✔Established Indian crypto platform with 10+ years of operating history ✔User-friendly interface — designed for beginners from day one ✔Full INR deposits and withdrawals via UPI, NEFT, IMPS ✔Support for 150+ cryptocurrencies ✔Mobile apps for Android and iOS ✔KYC-compliant onboarding with PAN and Aadhaar ✔Bitcoin SIP — India’s first automated crypto investment plan ✔Portfolio management tools and real-time price tracking ✅ Pros Established in 2013 — longest-running Indian exchange Beginner-friendly, clean interface Full INR support — UPI, NEFT, IMPS Built for Indian users from the ground up Security-focused with 2FA, cold storage ⚠️ Considerations Advanced traders may prefer more sophisticated tools Crypto selection may differ from global exchanges **Overall:** For users seeking a trusted Indian platform with a straightforward experience, Unocoin remains a strong choice. Its longevity, INR integration, Bitcoin SIP, and focus on ease of use make it particularly appealing to beginners and long-term investors. Ready to get started on India’s oldest crypto exchange? [Open Your Free Unocoin Account →](https://unocoin.com) ## CoinDCX Review — Best for Active Crypto Traders in India CoinDCX Indian Exchange · Est. 2018 CoinDCX is a widely used Indian cryptocurrency exchange offering access to a broad selection of digital assets and trading features. It caters to both new investors and active traders, with a particular strength in its range of supported assets and modern trading interface. ✅ Strengths Large selection of supported assets Modern, feature-rich trading interface Educational content for beginners Strong mobile and web platforms ⚠️ Considerations Range of features can overwhelm new users Fee structures should be reviewed carefully Active traders Wide asset selection Portfolio diversification ## WazirX Review — Popular Crypto Trading Platform India WazirX Indian Exchange · Est. 2018 WazirX is another well-known name in India’s cryptocurrency market and has attracted users with its trading features and mobile-first experience. It is particularly popular among active traders who value a feature-rich platform with a broad crypto selection. ✅ Strengths User-friendly mobile-first app Trading tools for active users Broad cryptocurrency selection ⚠️ Considerations Stay informed about operational and regulatory developments Availability of certain features may change ## CoinSwitch Review — Best Crypto App India for First-Time Investors CoinSwitch Indian Platform · Est. 2017 CoinSwitch is known for its beginner-friendly design and simple onboarding. It is particularly well-suited to first-time investors who want a clean, straightforward way to buy crypto in India without navigating complex trading interfaces. ✅ Strengths Very simple, beginner-optimised interface Easy INR deposits and withdrawals Strong mobile app experience ⚠️ Considerations Limited advanced trading tools May not suit experienced traders ## ZebPay Review — Trusted Crypto Exchange India for Long-Term Holders ZebPay Indian Exchange · Est. 2014 ZebPay is one of India’s oldest cryptocurrency exchanges, founded in 2014. It has traditionally appealed to long-term holders and conservative investors who value security and simplicity over advanced trading features. ZebPay supports INR deposits and withdrawals and operates in compliance with Indian regulations. ✅ Strengths Long operating history in India (est. 2014) Security-focused platform design Simple experience for long-term holders ⚠️ Considerations Smaller coin selection vs. global exchanges Limited advanced trading functionality ## Binance Review — Global Crypto Exchange for Indian Users Binance Global Exchange · Est. 2017 · Not an Indian Platform Binance is the world’s largest cryptocurrency exchange by trading volume, offering access to hundreds of cryptocurrencies and advanced trading tools. However, it is not an Indian platform, and INR support may be limited or vary depending on available payment partners. Additionally, Indian users should be aware of regulatory considerations when using global exchanges. ✅ Strengths Widest crypto selection globally Deep liquidity and tight spreads Advanced trading and futures tools ⚠️ Considerations Not a registered Indian platform INR support varies and may be limited Indian regulatory considerations apply ⚠️ Indian users should always verify the regulatory status of global exchanges and ensure they comply with Indian tax and reporting obligations before trading. ## Which Cryptocurrency Exchange Should You Choose in India? The right exchange depends entirely on your priorities as an investor. Rather than choosing the exchange with the most advertising or the largest sign-up bonus, use the following guide to match yourself to the right platform: If you are new to crypto Look for an intuitive platform with strong INR support and straightforward onboarding. **Unocoin** and **CoinSwitch** are particularly well-suited for first-time Indian investors. If you trade frequently Consider platforms with advanced order types, deep liquidity, and competitive fees. **CoinDCX** and **WazirX** offer more sophisticated tools for active traders. If you are investing for the long term Prioritise security, reliability, and ease of managing your portfolio over time. **Unocoin** and **ZebPay** have the longest track records among Indian exchanges. If you want a wide range of altcoins Compare the list of supported cryptocurrencies before signing up. **Binance** offer the broadest global selection — however, verify their INR support and regulatory compliance status for Indian users. **Our Recommendation:** For most Indian investors — particularly beginners and long-term holders — **Unocoin** offers the most compelling combination of trust, simplicity, INR integration, and regulatory compliance. Its 10+ year operating history, Bitcoin SIP feature, and India-first approach make it a strong default choice for the Indian crypto investor. ## Frequently Asked Questions — Best Cryptocurrency Exchange India 2026 QWhich is the best cryptocurrency exchange in India in 2026? The best cryptocurrency exchange in India depends on your needs. For beginners and long-term investors, Unocoin — India’s oldest exchange (est. 2013) — is a top choice for its simplicity, INR support, and trust. For active traders, CoinDCX offer more advanced tools. For global altcoin access, Binance have wider selections. QWhich crypto exchange in India supports INR deposits? All major Indian exchanges — Unocoin, CoinDCX, CoinSwitch, and ZebPay — support INR deposits and withdrawals via UPI, NEFT, and IMPS. Global exchanges like Binance have limited or variable INR support and may require third-party payment solutions. QIs Unocoin the oldest crypto exchange in India? Yes. Unocoin was founded in 2013, making it India’s first and oldest cryptocurrency exchange. It has been operating continuously for over a decade and is registered with FIU-IND as a compliant Virtual Asset Service Provider (VASP). QIs KYC mandatory on Indian crypto exchanges? Yes. KYC is mandatory on all regulated Indian crypto exchanges under PMLA and FIU-IND guidelines. This typically involves submitting your PAN card, Aadhaar, and bank account details. Completing KYC enables full account functionality including INR deposits, withdrawals, and higher trading limits. QWhich is the safest crypto exchange in India? Exchanges registered with FIU-IND — such as Unocoin, CoinDCX, CoinSwitch, and ZebPay — are the safest options for Indian investors as they comply with Indian regulatory requirements. Additionally, look for exchanges that use cold storage, multi-sig wallets, and 2FA-protected accounts. QWhat is the best crypto app in India for beginners? For beginners, Unocoin and CoinSwitch are widely considered the most user-friendly crypto apps in India. Both offer clean interfaces, simple onboarding, and full INR support. Unocoin additionally offers a Bitcoin SIP feature — ideal for first-time investors who want to start small and invest regularly. QAre crypto gains from exchanges taxed in India? Yes. All crypto gains in India are taxed at a flat 30% rate plus 4% cess under Section 115BBH, regardless of which exchange you use. A 1% TDS is also deducted on qualifying transactions under Section 194S. All Indian exchanges are required to deduct this TDS on your behalf. --- Disclaimer This article is for informational and educational purposes only. Exchange features, and services are subject to change. This is not financial or investment advice. Always conduct your own research and review the official website of each exchange before opening an account or making investment decisions. Ready to start trading on India’s oldest crypto exchange? Join millions of Indians who trust Unocoin for Bitcoin, Ethereum, and 150+ cryptocurrencies. [Open Your Free Unocoin Account →](https://unocoin.com) Related Guides on the Unocoin Blog →[How to Buy Crypto in India — Complete Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[How to Sell Crypto in India & Withdraw INR — Unocoin Guide](https://blog.unocoin.com/how-to-sell-crypto-in-india/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-in-india-2026/) →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[Bitcoin SIP India — Invest Automatically from ₹100/Week on Unocoin](https://blog.unocoin.com/bitcoin-sip-india/) **Categories:** Blog --- ### [How to sell bitcoin in India](https://blog.unocoin.com/how-to-sell-bitcoin-in-india/) **Published:** January 12, 2021 **Author:** Unocoin Growth **Content:** #### The price of cryptocurrencies is volatile — and you need to assess carefully when buying or selling bitcoin would turn out to be profitable. This blog is written with a view to address some prevalent concerns and help you decide how to make the best of your bitcoin investments. ![](https://cdn-images-1.medium.com/max/800/1*Or3mSaO9i1Dk2vjiydjkGA.jpeg)Selling bitcoin can be a tricky affair — but deeply rewarding if done right.Wonder [**how to sell bitcoin**](https://blog.unocoin.com/how-to-sell-crypto-in-india/)? It can be difficult to **sell bitcoin** when there are so many diverse ways to choose from and especially now that it has reached a record high. The price of cryptocurrencies is also volatile — and you need to assess carefully when buying or selling bitcoin would turn out to be profitable. This blog is written with a view to address some prevalent concerns and help you decide how to make the best of your bitcoin investments. #### **Selling bitcoin** When it comes to bitcoin, it is more convenient to buy it as compared to selling it. Many questions come up when one goes to **sell bitcoin** such as: [**how to sell bitcoin in India**](https://blog.unocoin.com/how-to-sell-crypto-in-india/), how to **sell bitcoin for cash**, [how to **sell bitcoin instantly**](https://blog.unocoin.com/how-to-sell-crypto-in-india/), how to **sell bitcoin on OTC desk** and so on. > Another issue that contributes to the difficulty in selling bitcoin is that there are too many ways in which it can be done such as exchanging it online, direct trading, peer-to-peer deals, selling it to people directly in person; it can also be exchanged for money by directly withdrawing from a bitcoin ATM, but this option is not available in India yet. Sounds confusing? Don’t you worry! Whenever you hit a roadblock, remember you have Unocoin to assist you in making maximum profits out of bitcoin. **About Unocoin** Unocoin is an all-in-one platform that offers its customers all the assistance they might expect concerning bitcoin and other cryptocurrencies such as selling, buying, storing, trading, and accepting. They also provide their users with a mobile application, which is available for Android and iOS. **How to sell bitcoin in India and other regions?** Let us now explore the various methods to **sell bitcoin** in detail: 1. **Exchanges**: Exchanges are probably one of the best methods to **sell bitcoin**, although they come with their drawbacks. They serve as a go-between platform that keeps a hold on the funds of both the seller and the buyer, and accepts a buy or sell order. In short, they act as a storehouse that keeps your capital with it until a customer who meets your demands shows up. To sell bitcoin through an exchange, there are two steps that we need to go through: – The first step is creating an account with an Exchange that you find reliable. They might ask you to submit certain documents to verify your identity, such as bank statements, utility bills, etc. Besides these details, they would also restrict themselves to sending money to your bank account only when you try to withdraw the funds. – After setting up the account, all you need to do is raise your selling offer. This would include details such as the amount that you want to sell and the price for each unit. Your part of the job is done! Here on, it is the Exchange’s responsibility to find you a suitable buyer and let you know. - **Direct Trade**: Direct trading is yet another way of selling bitcoin. This option is slightly different from selling your bitcoin funds through Exchange agencies because here, the involvement of the Exchange agencies is limited. All you have to do is register yourself as a seller on such websites and post your offer on the platform. Please note that you may have to submit identity proofs before selling through this method. Once done with the verification, you can post your offer. Whenever a buyer shows interest in your funds, the agency would let you know immediately. Following this, the buyer would contact you directly, beyond which, the role of the exchange agency is fulfilled except releasing of the bitcoin funds once the seller says he got his money. Keep in mind that many websites have a complicated process of direct trading and less reliability. Thus, it is recommended that you do a bit of research before relying on any of the websites that offer direct trading to avoid hassle and save time and effort. - **Selling bitcoin in person:** If you are wondering how to sell bitcoin without fees, selling bitcoin in person might be the perfect option for you. Moreover, selling it directly to people is one of the easiest ways to sell bitcoin instantly. It is faster than exchanging and direct trading but then finding the buyer will be on your onus. Once you have your bitcoin in your wallet, all you have to do is open a QR Scanner application on your mobile phone, and scan the QR Code on the mobile phone of the person to whom you want to sell your bitcoin funds and transfer it to them. It is as simple as that! However, there are some things that we need to consider here. Firstly, you might have to spend some time negotiating the price of your bitcoin funds with the other person. Secondly, you must make sure that whenever you conduct such deals, you do it in a public place to ensure a secure deal. But if you want to **sell bitcoin for cash** to someone you know personally, then you can take it easy but please be aware of the cash transactions restrictions which form a part of the law of that land! - **Withdrawing Funds**: Suppose you have a lot of bitcoin and want to cash them out, the above methods may not be always effective and you may need to approach an OTC desk who will work on fulfilling your order in parts and send money to your bank account. The process is quite hectic and demands a fair bit of patience. Please note that all these methods have their limitations, and you should, therefore, be cautious while choosing your withdrawal method. So, now, the next time you are unsure of **how to sell bitcoin in India**, you can try out of these methods mentioned above and assess which one works best for you. **FAQs:** 1. **How do I sell bitcoin for cash?** You can sell the bitcoin to someone in person, or you can withdraw cash directly from a bitcoin ATM if you have one in your country. It is important for you to know the cash handling limitations and regulation in your state/country before trying this one. 2. **Where can I sell bitcoin instantly?** There are trading platforms like Unocoin where you can sell your bitcoin instantly. Unocoin quotes a price at which it can buy your bitcoin and you are only one click away from selling it. Also, you can sell bitcoin instantly to anyone by scanning the QR code on the buyer’s mobile phone and sending them your bitcoin and accepting money. 3. **How can I sell bitcoin without fees?** In-person transactions do not have any fees if you have found your buyer yourself. Generally, all exchanges, trading platforms, OTC desks or Peer-2-peer platforms charge a small fee for providing their service. At present, Unocoin is running a **0% exchange fee offer** from a few quarters and you may want to try it! **Categories:** Blog --- ### [Should I Sell My Bitcoin? Experts predict what will happen to the price?](https://blog.unocoin.com/should-i-sell-my-bitcoin-experts-predict-what-will-happen-to-the-price/) **Published:** October 10, 2022 **Author:** Unocoin Growth **Content:** The market has been rough for cryptocurrencies over the past few months. The crypto market in general has shed nearly half of its value since mid-November, and even the biggest names like Bitcoin and Ethereum have watched their prices plummet. If you invest in cryptocurrency in any capacity, you may be concerned about this recent fall. And with no end in sight, it can be tempting to[ sell your crypto investments](https://blog.unocoin.com/how-to-sell-crypto-in-india/) before prices drop even further. But is this the right move? [![Should I Sell My Bitcoin Experts predict what will happen to the price](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_Should-I-Sell-My-Bitcoin--1024x535.png "UnocoinblogShouldISellMyBitcoin | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_Should-I-Sell-My-Bitcoin-.png) Should I Sell My Bitcoin? Experts predict what will happen to the price? **Will cryptocurrency prices continue to fall?** If you are concerned that cryptocurrency prices will continue to fall, it may seem prudent to sell your investments now and save what you can. However, sometimes this can be a risky move. No one can say for sure what will happen to the crypto market. Prices could drop further or bounce back soon. The sector is known for its volatility and crypto has a long history of sharp ups and downs. And from a long-term perspective, the market so far has a generally upward trend. If you sell now, there is a chance prices could reverse soon after – and you’ll lose those gains. Furthermore, if you have invested at any point in the past few months, pulling out now will mean you are selling at a loss. Major cryptocurrencies such as Bitcoin and Ethereum have lost almost half of their value since November. By withdrawing your money now, you sell your investments for about half of what you paid for them, locking in significant losses. **What should you do with your investments?** Whether you invest in stocks or cryptocurrencies, one of the most important rules to remember is that you have nothing to lose by keeping your money in the market. Your investments could lose 99% of their value, but if their prices eventually bounce back, you won’t lose a dime unless you sell during the dip. While no one knows for sure if cryptocurrencies will bounce back, this type of volatility is relatively normal for the sector. The price of Bitcoin has fallen by more than 80% on several occasions, and Ethereum once lost nearly 95% of its value over the course of a year. By comparison, this recent nearly 50% drop is relatively mild. So the best thing you can do is simply hold on to your investments. The crypto market could get uglier in the future and there is a chance that your portfolio could sink even further. However, if you do your best to stay focused on the long term and avoid getting caught up in the daily market movements, you can benefit from further recovery. **How to protect your money** Holding on to your investments is the best way to survive periods of volatility, but there are other steps you can take to further protect your money. First, make sure the rest of your portfolio is properly diversified. Cryptocurrencies should only be a small part of your overall portfolio. I prefer holding 5% or less in cryptocurrencies for example. Your ideal crypto deposit may vary depending on factors such as your age, your risk tolerance, and your understanding of blockchain technology. If you find yourself overinvested in cryptocurrencies, now might be a good time to start adding your positions in other stocks to your portfolio. Also, double check that each stock in your portfolio is a solid long-term investment. Crypto is already a risky investment, and if many of your stocks also carry higher risk, your portfolio may not be as risky as it could be. By investing in quality companies, you have a better chance of surviving market downturns. The cryptocurrency market is intimidating right now, but that doesn’t necessarily mean you have to sell your investments. If you hold them for the long term and focus on the far future, your portfolio is more likely to weather the worst bouts of volatility. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/g0tk?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:**[ https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos) - **Newsletter:**[ https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:**[ https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:**[ https://www.instagram.com/unocoin/](https://www.instagram.com/unocoin/) - **Twitter:**[ https://twitter.com/Unocoin](https://twitter.com/Unocoin) - **Facebook:**[ https://www.facebook.com/unocoin/](https://www.facebook.com/unocoin/) - **LinkedIn:**[ https://in.linkedin.com/company/unocoin](https://in.linkedin.com/company/unocoin) - **Telegram Group:**[ https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:**[ https://t.me/+fasQhTKBsfA5N2Zl](https://t.me/+fasQhTKBsfA5N2Zl) - **Telegram:**[ https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:**[ support@unocoin.com](http://support@unocoin.com/) - **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](https://apps.apple.com/us/app/unocoin/id1030422972?ls=1) - **Playstore link:**[ https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet](https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet) **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/g0tk?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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) **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [Bitcoin and Chinese New Year 2026: Will BTC See a Sell-Off or Stay Strong?](https://blog.unocoin.com/bitcoin-and-chinese-new-year-2026-will-btc-see-a-sell-off-or-stay-strong/) **Published:** February 16, 2026 **Author:** Unocoin Growth **Content:** Bitcoin has long been associated with seasonal price trends, and one of the most discussed patterns is the “Chinese New Year effect.” Historically, the Lunar New Year period has been linked to short-term Bitcoin sell-offs, driven by investors liquidating holdings to cover holiday expenses and lock in profits. However, as Bitcoin evolves into a globally institutionalised asset, the impact of the Chinese New Year on BTC prices is becoming less predictable and significantly weaker. ## **Understanding the Historical Chinese New Year Effect** In the early years of Bitcoin, Chinese investors played a dominant role in trading volumes and mining activity. During the weeks leading up to the Chinese New Year, many investors converted Bitcoin into cash to fund travel, gifts, and celebrations. This increased selling pressure often led to temporary price corrections. Historically, Bitcoin has experienced corrections of up to 10–20% before the holiday, followed by recoveries in the weeks afterwards. Trading strategies based on this seasonal pattern were once popular, with market data showing that buying shortly before the holiday and selling after often produced favourable short-term returns. This cycle reinforced the perception that the Chinese New Year was a reliable indicator of Bitcoin volatility. ## **Why the Impact Is Now Weakening** Since 2021, Bitcoin’s market structure has undergone a major transformation. Institutional investors, exchange-traded funds (ETFs), hedge funds, and global asset managers now play a far more influential role than retail traders in any single country. This shift has reduced the relative impact of region-specific events like the Chinese New Year. Bitcoin is now widely held across the United States, Europe, Latin America, and emerging markets. Institutional capital flows, ETF inflows and outflows, macroeconomic conditions, and interest rate expectations have become the primary drivers of Bitcoin’s price movements. As a result, recent Chinese New Year periods have not consistently followed the historical sell-off pattern. In some cases, Bitcoin has remained stable or even gained strength during the holiday season, reflecting broader global demand. ## **Key Market Drivers in 2026** In 2026, Bitcoin’s price direction is being shaped more by global macroeconomic and institutional factors than seasonal trends. ETF inflows, regulatory developments, liquidity conditions, and investor sentiment are currently the dominant forces. Institutional adoption continues to provide strong structural support for Bitcoin. Large-scale investors typically operate with long-term strategies, reducing the likelihood of sudden seasonal selling. Additionally, Bitcoin’s growing recognition as a digital store of value has strengthened its resilience during periods of short-term volatility. While short-term fluctuations may still occur around the Chinese New Year due to reduced trading volumes and localised profit-taking, these movements are unlikely to trigger major or sustained market corrections. ## **What Investors Should Expect** For investors, it is important to understand that the Chinese New Year may still introduce temporary volatility, but it is no longer a reliable signal of a significant Bitcoin crash. The market has matured significantly, and global institutional demand now plays a far more important role in shaping Bitcoin’s price trajectory. Rather than focusing solely on seasonal patterns, investors should monitor broader indicators such as ETF flows, macroeconomic trends, regulatory developments, and overall market liquidity. Also read [How o sell crypto in India](https://blog.unocoin.com/how-to-sell-crypto-in-india/) ## **Conclusion** The Chinese New Year’s effect on Bitcoin is fading as the market becomes more global and institutionally driven. While short-term volatility remains possible, Bitcoin’s long-term outlook is increasingly determined by global adoption and capital inflows rather than regional holiday trends. For Unocoin users and long-term investors, this reinforces an important principle: Bitcoin’s value is now tied more closely to global financial integration than to seasonal trading cycles. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [8 reasons why you should use Unocoin to buy & sell crypto](https://blog.unocoin.com/8-reasons-why-you-should-use-unocoin-to-buy-sell-crypto/) **Published:** March 14, 2023 **Author:** Unocoin Growth **Content:** ## **8 reasons why you should use Unocoin to buy & [sell crypto](https://blog.unocoin.com/how-to-sell-crypto-in-india/):** 1. **Easy-to-Use Platform:** Unocoin’s user-friendly platform makes it easy to buy and sell cryptocurrencies, even for those new to the cryptocurrency world. 2. **Secure Transactions:** With Unocoin, users can be assured of safe and secure transactions thanks to the platform’s advanced security features and protocols. 3. **Multiple Cryptocurrencies:** Unocoin supports multiple cryptocurrencies, including Bitcoin, Ethereum, Ripple, and more, giving users a variety of options for investing and trading. 4. **Competitive Fees:** Unocoin’s transaction fees are competitive with other exchanges, making it a cost-effective option for buying and selling cryptocurrencies. 5. **Fast Transactions:** Unocoin’s platform allows for fast transactions, with most transactions completed within minutes. 6. **Instant Deposits and Withdrawals:** Unocoin enables instant deposits and withdrawals, giving users more flexibility and control over their funds. 7. **Mobile App:** The Unocoin mobile app makes it easy to buy and sell cryptocurrencies on the go with all the features of the desktop platform available on mobile. 8. **Strong Customer Support:** Unocoin’s customer support team is available 24/7 to help users with any questions or issues they may encounter, ensuring a smooth and hassle-free experience. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, News **Tags:** Bitcoin Crypto, Cryptocurrency, Unocoin --- ### [How to Sell Crypto in India | Convert Bitcoin & Crypto to INR](https://blog.unocoin.com/how-to-sell-crypto-in-india/) **Published:** July 8, 2026 **Author:** Unocoin Growth **Content:** [Home](https://blog.unocoin.com)› How to Sell Crypto in IndiaTable of Contents 1. [Can You Sell Crypto for INR in India?](#sell-crypto-india) 2. [Why Choose Unocoin to Sell Cryptocurrency?](#why-unocoin) 3. [Step-by-Step Guide: How to Sell Crypto on Unocoin](#step-by-step) 4. [How to Withdraw INR to Your Bank Account](#withdraw-inr) 5. [How Long Does Crypto Withdrawal Take?](#withdrawal-time) 6. [Crypto Tax on Selling Cryptocurrency in India](#crypto-tax) 7. [How to Sell Bitcoin (BTC) on Unocoin](#sell-bitcoin) 8. [How to Sell SHIB in India](#sell-shib) 9. [Tips Before Selling Cryptocurrency](#tips) 10. [Why Sell Crypto with Unocoin?](#why-sell-unocoin) 11. [Frequently Asked Questions](#faq) 12. [Final Thoughts](#final-thoughts) **Selling crypto in India is legal, safe, and straightforward on a regulated exchange like Unocoin.** You can convert your Bitcoin, Ethereum, SHIB, and 150+ other cryptocurrencies directly into Indian Rupees (INR) and withdraw to your bank account — in just a few steps. Whether you are booking profits after a market rally, rebalancing your portfolio, or simply converting your digital assets into cash, knowing how to sell crypto in India safely and efficiently is essential. With millions of [Indians investing in cryptocurrencies](https://blog.unocoin.com/top-reasons-to-invest-in-bitcoin-2026/) such as Bitcoin (BTC), Ethereum (ETH), SHIB, and other digital assets, selling crypto has become just as important as buying it. The process should be simple, secure, compliant, and quick — especially when you are converting crypto into Indian Rupees (INR). Unocoin makes this process straightforward by allowing users to sell supported cryptocurrencies directly through its platform and withdraw INR to their registered bank accounts. In this guide, you will learn: →Can you legally sell crypto for INR in India? →How to sell cryptocurrency on Unocoin — step by step →How to withdraw INR to your bank account →Withdrawal timelines and what affects them →Crypto tax implications when selling in India →How to sell Bitcoin, SHIB, and Pi Coin specifically ## Can You Sell Crypto for INR in India? **Yes. Indian crypto investors can sell supported cryptocurrencies on compliant exchanges like [Unocoin](https://unocoin.com/in) and receive Indian Rupees (INR) directly into their linked bank accounts.** While cryptocurrencies are not legal tender in India, buying, selling, and holding virtual digital assets is permitted under the country’s current regulatory and taxation framework. Furthermore, investors should ensure they use a platform that follows KYC requirements, complies with anti-money laundering regulations, and supports secure INR settlements. With Unocoin, you can [convert supported cryptocurrencies](https://unocoin.com/in/USDTtoINR/) into INR through an easy-to-use trading interface — making the process convenient for both beginners and experienced investors alike. **Legal Confirmation:** Selling crypto in India through a registered, FIU-IND compliant exchange like Unocoin is fully legal as of 2026. All proceeds are subject to the applicable 30% flat tax on gains. ## Why Choose Unocoin to Sell Cryptocurrency? Selling crypto is not just about finding a buyer — it is about choosing a trusted platform that prioritises security, transparency, and ease of use. Here is why thousands of Indian users choose Unocoin: Simple Selling Experience Whether you are selling Bitcoin or other supported cryptocurrencies, the selling process is designed to be intuitive — allowing users to place sell orders with just a few clicks, from mobile or desktop. Secure Platform Security remains one of the highest priorities at Unocoin. Multiple security measures — including 2FA, cold storage, and multi-sig wallets — help safeguard user accounts and digital assets throughout the transaction process. Direct INR Withdrawals After your sell order is executed, the INR balance can be withdrawn directly to your verified bank account through IMPS or NEFT — no third-party payment processors required. Regulatory Compliance Unocoin is registered with FIU-IND and follows all applicable KYC and AML compliance requirements — ensuring you trade on a platform built with transparency and regulatory expectations in mind. 150+ Supported Cryptocurrencies Users can sell a wide range of popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USDT, SHIB, XRP, XDC, and many other supported digital assets. ## Step-by-Step Guide: How to Sell Crypto on Unocoin Selling cryptocurrency on Unocoin takes only a few minutes once your account is verified. Follow these steps to complete your sale smoothly. **Total Time:** Under 5 minutes — once your account is KYC verified and you have crypto in your wallet. 1 Log In to Your Unocoin Account ⏱ ~1 minute Open the Unocoin app or website and sign in using your registered credentials. If you are a new user, you will first need to complete the full KYC process — which includes: •Account registration and email verification •Mobile number verification •PAN card and Aadhaar verification •Bank account verification for INR withdrawals Completing KYC ensures uninterrupted deposits and withdrawals throughout your account. 2 Navigate to Your Portfolio ⏱ ~30 seconds After logging in, open your **Portfolio** section. You will see all your crypto holdings — including available balances and current market values in INR. Select the cryptocurrency you wish to sell. For example: Bitcoin (BTC), Ethereum (ETH), SHIB, Litecoin (LTC), or XRP. 3 Click “Sell” and Enter Your Amount ⏱ ~1 minute Select the cryptocurrency and tap the **Sell** option. Enter either the amount of crypto you want to sell, or the INR value you wish to receive — the platform automatically converts between the two in real time. Before confirming, review the following details carefully: •Current live market price in INR •Estimated INR proceeds after fees •Applicable platform fee (0.5% flat) •Final INR amount to be credited to your wallet 4 Choose Your Order Type Market Order or Limit Order Depending on available trading options, you may choose between two order types: [ Market Order](https://blog.unocoin.com/glossary/market-order/) Your crypto is sold **immediately** at the best available market price. Ideal for users who want quick execution without waiting. [Limit Order](https://blog.unocoin.com/glossary/limit-order/) You specify your **preferred selling price**. The order executes only when the market reaches that price. Ideal for experienced traders aiming for a specific exit. 5 Confirm the Sale ⏱ ~30 seconds Review all transaction details carefully before confirming. Once your order is executed: ✓Your crypto balance is reduced accordingly ✓INR balance is instantly credited to your Unocoin wallet ✓You can now withdraw the INR to your registered bank account ## How to Withdraw INR to Your Bank Account After selling your cryptocurrency, withdrawing your INR to your bank account is a simple process. Additionally, it is important to ensure your bank account details are verified before initiating a withdrawal to avoid any delays. INR Withdrawal Steps — Unocoin 1 Open your **INR wallet** in the Unocoin app or website 2 Select **Withdraw INR** 3 Enter the **withdrawal amount** in INR 4 Select your **verified bank account** from the list 5 **Confirm the transaction** — funds are processed via IMPS or NEFT in 7 to15 Days. **Tip:** Always verify your bank account details are correct before initiating a withdrawal. Withdrawals sent to incorrect account details cannot be reversed once processed. ## How Long Does Crypto Withdrawal Take in India? One of the most common questions among Indian crypto investors is how quickly they will receive money after selling crypto. While exact timelines can vary, most withdrawals are processed promptly after successful verification. Withdrawal MethodTypical SpeedAvailability**IMPS**Instant to a few hours24/7 including holidays**NEFT**30 minutes – 4 hoursBank working hours Factors that may affect processing time: •Completion of KYC — incomplete KYC may hold withdrawals •Bank holidays and weekends — NEFT is not processed on these days •Banking network availability and system maintenance windows •Internal compliance checks for large or unusual transactions **Best Practice:** Keeping your account fully KYC verified at all times ensures the smoothest and fastest withdrawal experience. Verify your bank account in advance — do not wait until you are ready to withdraw. ## Crypto Tax on Selling Cryptocurrency in India Before selling your crypto, it is important to understand the applicable tax rules. Under the current Indian tax framework for Virtual Digital Assets (VDAs), the following obligations apply to every Indian crypto seller: 30% Flat tax on all crypto profits — regardless of income slab 1% TDS deducted per transaction above ₹10,000/year (Section 194S) ❌ No loss offsetting — crypto losses cannot reduce other income ### Records to Maintain When Selling Crypto •**Purchase price** of the crypto you are selling (cost of acquisition) •**Selling price** and the INR value received •**Transaction dates** for every buy and sell •**Exchange statements** — downloadable from your Unocoin account •**TDS deducted** — reflected in your Form 26AS **Tax Reminder:** Consult a qualified Chartered Accountant for tax advice specific to your financial situation. For a complete breakdown of crypto tax rules, read our full guide: [Crypto Tax India 2026 →](https://blog.unocoin.com/crypto-tax-in-india-2026/) ## How to Sell [Bitcoin](https://blog.unocoin.com/what-is-bitcoin/) (BTC) on Unocoin Bitcoin remains the most traded cryptocurrency in India. Consequently, selling BTC is the most common use case on Unocoin. Here is the specific process for selling Bitcoin and receiving INR: ₿ How to Sell Bitcoin on Unocoin — Step by Step 1Log in to Unocoin app or website 2Open your **Bitcoin (BTC) wallet** from your Portfolio 3Tap **Sell** and enter the BTC amount or INR value 4Review the live Bitcoin price and final INR amount 5Confirm the transaction 6INR is credited to your Unocoin wallet instantly 7Withdraw INR to your verified bank account via IMPS or NEFT Common reasons Indian investors sell Bitcoin: •Booking profits after a price rally •Managing portfolio risk and rebalancing allocations •Diversifying into other cryptocurrencies or asset classes •Meeting specific financial goals or emergency cash needs ## How to Sell SHIB in India SHIB continues to attract investors looking for exposure to meme coins. If SHIB is supported on the Unocoin platform, the selling process follows the same straightforward steps as any other cryptocurrency. How to Sell SHIB on Unocoin 1Open your **SHIB wallet** from your Portfolio 2Select **Sell** and enter the amount 3Review the live market pricing and INR value 4Confirm the transaction 5Withdraw the credited INR balance to your bank account **Note:** Because SHIB prices can be highly volatile, reviewing the live market price immediately before confirming your sell order is strongly advisable. Price movements can be significant over short periods. if you want to [buy shiba in india click here](https://blog.unocoin.com/buy-shiba-inu-coin-india/) ## Tips Before Selling Cryptocurrency in India Before placing any sell order, it is worth taking a few minutes to review these important considerations. A little preparation can make your selling experience significantly smoother and more financially efficient. **Monitor current market prices** Check the live INR price of your crypto before selling — prices can vary significantly by the hour. **Review transaction fees** Unocoin charges a flat 0.7% fee on all trades. Factor this into your expected INR proceeds. **Understand applicable taxes** Remember the 30% flat tax on gains and the 1% TDS. Factor these into your net expected proceeds. **Verify your bank account details** Ensure your linked bank account is correctly added and verified before initiating a withdrawal. **Keep KYC information updated** An outdated or incomplete KYC can delay or block withdrawals. Review your details periodically. **Choose the right order type** Use a Market Order for speed, or a Limit Order if you have a specific target price in mind. **Avoid decisions based on short-term volatility** Short-term price swings are normal in crypto markets. Selling in a panic can often lock in losses unnecessarily. ## Why Sell Crypto with Unocoin? Choosing the right platform for selling your crypto can make a significant difference to your overall experience. With Unocoin, users benefit from a combination of reliability, transparency, and ease of use that has been refined over more than a decade of serving Indian crypto investors. User-Friendly Interface Designed for both beginners and experienced traders — sell crypto in just a few taps. Secure Account Protection 2FA, cold storage, and multi-sig wallets protect your assets at every step. Direct INR Withdrawal Sell and withdraw INR to your bank account via IMPS or NEFT — no middlemen. Transparent Pricing Flat 0.7% trading fee — no hidden charges, no spread manipulation. 150+ Cryptocurrencies Sell Bitcoin, Ethereum, SHIB, XRP, and 150+ other supported digital assets. India’s Oldest Exchange Trusted by Indian crypto users since 2013 — over a decade of reliable service. ## Frequently Asked Questions QCan I sell crypto for INR in India? Yes. You can sell supported cryptocurrencies on compliant exchanges like Unocoin and withdraw the proceeds in INR to your verified bank account. The process is fully legal under India’s current regulatory framework. QHow long does it take to receive INR after selling crypto? Processing times vary based on the withdrawal method — IMPS is typically instant to a few hours (available 24/7), while NEFT processes within 30 minutes to 4 hours during bank working hours. Keeping your KYC fully verified ensures the fastest experience. QCan I sell Bitcoin instantly? Yes. A Market Order allows you to sell Bitcoin immediately at the prevailing market price, subject to available liquidity. The INR proceeds are credited to your Unocoin wallet instantly after the order is executed. QIs KYC mandatory to sell crypto on Unocoin? Yes. Completing KYC is mandatory on all regulated Indian crypto exchanges — including Unocoin. It ensures compliance with regulatory requirements and enables both deposits and INR withdrawals to your bank account. QCan I sell SHIB on Unocoin? If SHIB is listed and supported on the Unocoin platform, you can sell it using the same process as any other supported cryptocurrency. Always verify the current list of supported assets on the platform before attempting to sell. QIs there tax on selling crypto in India? Yes. Under the current Indian tax framework, profits from selling Virtual Digital Assets are taxed at a flat 30% rate plus 4% cess. Additionally, a 1% TDS is deducted on qualifying transactions above ₹10,000 per financial year under Section 194S. ## Final Thoughts Selling cryptocurrency in India should be secure, transparent, and hassle-free. Whether you are converting Bitcoin, Ethereum, SHIB, or other supported digital assets into INR, choosing a trusted and regulated platform makes all the difference. With Unocoin, you can place sell orders, convert your crypto into Indian Rupees, and withdraw funds to your verified bank account — all through a streamlined experience designed specifically for Indian users. As the crypto ecosystem continues to evolve, staying informed about market conditions, platform features, and tax obligations will help you make more confident decisions. Consequently, before every sale, it is worth reviewing the latest prices, understanding the applicable charges, and ensuring your account details are fully up to date. Ready to convert your crypto into INR? Sign in to your Unocoin account, place your sell order, and manage your digital assets with confidence. [Sell Crypto on Unocoin →](https://unocoin.com/in/wallet) Related Guides on the Unocoin Blog →[How to Buy Crypto in India — Complete Step-by-Step Guide (2026)](https://blog.unocoin.com/how-to-buy-crypto-india/) →[Crypto Tax India 2026 — 30% Tax, 1% TDS & ITR Filing Guide](https://blog.unocoin.com/crypto-tax-in-india-2026/) →[What is Bitcoin? Complete Guide for Indian Investors (2026)](https://blog.unocoin.com/what-is-bitcoin/) →[Bitcoin SIP India — Invest Automatically from ₹100/Week](https://blog.unocoin.com/bitcoin-sip-india/) →[Unocoin Fees — Complete Fee Schedule for Indian Crypto Traders](https://unocoin.com/in/support/fees/) **Categories:** Blog **Tags:** best platform to sell crypto, how to sell Bitcoin, how to sell Crypto --- ### [Update: Zec & Dash Token Deposits & Withdrawals to be Disabled on Unocoin!](https://blog.unocoin.com/zec-dash-withdrawal-disabled-unocoin-india-fiu-guidelines-2026/) **Published:** June 11, 2026 **Author:** Unocoin Growth **Content:** ## Regulatory Update Regarding Privacy-Focused Tokens in India At Unocoin, user security, compliance, and responsible crypto operations remain at the core of everything we do. As part of our ongoing commitment to regulatory compliance in India, we would like to inform users about an important update regarding privacy-focused crypto assets on the platform. In accordance with the latest guidance issued by the Financial Intelligence Unit – India (FIU-IND), Reporting Entities (REs) are advised not to permit deposits or withdrawals of Anonymity-Enhancing Crypto Tokens (AECs) designed to conceal or obscure transaction origin, ownership, or transaction value. Privacy-focused tokens such as ZEC (Zcash) & Dash (DASH) and similar assets have come under increased regulatory scrutiny globally due to Anti-Money Laundering (AML) and Counter Financing (CFT) compliance concerns. # What Is Changing on Unocoin? Following this regulatory direction, Unocoin will implement the following changes effective soon. ## Services Being Discontinued - Deposits of ZEC (Zcash) & Dash (DASH) Token currently Disabled. - Withdrawals of ZEC (Zcash) & Dash (DASH) Token will be disabled on 30 June 2026. ## Services That Will Continue Trading (BUY & SELL) of ZEC (Zcash) & Dash (DASH) Token will remain active on Unocoin Users will still be able to: - Buy & Sell ZEC & Dash Tokens - Convert ZEC & Dash Tokens to INR through trading on the platform # What Should Users Do Before that? Users currently holding ZEC & Dash Tokens on the platform are advised to take action before the deadline. You may choose to: ## Option 1: Withdraw ZEC & Dash Tokens to an External Wallet Users can transfer ZEC & Dash Tokens to a supported self-custody wallet or another exchange before withdrawal services are discontinued. ## Option 2: Sell ZEC & Dash Tokens on Unocoin Users who do not wish to transfer their holdings may continue trading ZEC & Dash Tokens and convert their holdings into INR directly on the platform. # How to Withdraw ZEC & Dash Tokens from Unocoin Follow these steps to withdraw your ZEC & Dash Tokens holdings before 30 June 2026: 1. Login to your Unocoin account 2. Navigate to the Wallet section 3. Select your coin 4. Click on Withdraw 5. Enter your external wallet address 6. Verify the transaction 7. Submit the withdrawal request [Withdraw Now!](https://unocoin.com/in/wallet/) Please ensure: - The wallet address entered supports ZEC or Dash Tokens deposits - The withdrawal is completed before the effective deadline - Network fees and confirmation times may vary depending on blockchain conditions # Why Is India Taking Action on Privacy Tokens? Privacy-focused cryptocurrencies are designed to provide enhanced anonymity and transaction obfuscation features. Regulators across multiple jurisdictions have raised concerns that these features may create challenges for: - Transaction monitoring - AML compliance - Financial crime investigations - Counter financing frameworks According to recent [FIU-related compliance](https://blog.unocoin.com/fiu-notices-and-indian-cryptocurrency-exchanges/) discussions, anonymity-enhancing tokens are being categorised as high-risk assets under evolving compliance standards in India. This update is part of Unocoin’s effort to remain aligned with India’s evolving digital asset compliance framework while continuing to provide a secure and transparent crypto ecosystem. # Important Reminder Please complete any required withdrawals. After this date: 30 June 20206 - ZEC & Dash Tokens withdrawals will no longer be available. - Trading (BUY & SELL) will continue on Unocoin --- # Need Help? Our support team is available to assist users throughout this transition. 📧 Email: 📞 Phone: 7788978910 🕘 Timings: 9:30 AM – 6:30 PM (Mon – Sat) Official Unocoin Links: [Unocoin Official Links](https://linktr.ee/unocoin?utm_source=chatgpt.com) ## Disclaimer Crypto products are unregulated and may be highly volatile. Please understand the associated risks before investing. Users are strongly encouraged to DYOR (Do Your Own Research) before making any financial decisions. **Categories:** News **Tags:** Dash, Dash token, privacy coins --- ### [Crypto Signals What Smart Investors Are Watching These!](https://blog.unocoin.com/crypto-signals-what-smart-investors-are-watching/) **Published:** June 2, 2026 **Author:** Unocoin Growth **Content:** Crypto Signals in markets don’t move on headlines alone. Behind every major rally, correction, or trend reversal are signals that reveal where capital is flowing, how institutions are positioning themselves, and whether market momentum is strengthening or weakening. As June 2026 begins, the crypto market is sending a clear message: institutional participation remains strong, liquidity remains abundant, Bitcoin continues to lead, and investors are becoming increasingly selective about where they allocate capital. While no single metric can predict the future, five key signals are helping investors understand the current market environment. ## The Investor Dashboard SignalCurrent StatusWhat It MeansBitcoin Dominance~57%Capital remains concentrated in BitcoinETF FlowsStrong YTDInstitutions remain active participantsStablecoin SupplyNear record highsSignificant liquidity remains inside cryptoAltcoin ParticipationSelectiveBroad altseason not yet confirmedMacro ConditionsMixedMarkets remain sensitive to economic dataLet’s break down what each signal is telling us. --- ## 1. Bitcoin Dominance: Capital Still Prefers Bitcoin Bitcoin Dominance (BTC.D) measures Bitcoin’s share of the total cryptocurrency market capitalization. Today, Bitcoin accounts for roughly 57% of the total crypto market, highlighting its continued leadership despite the growth of thousands of alternative cryptocurrencies. But the number itself is only part of the story. Bitcoin dominance has remained above 50% for an extended period, suggesting investors continue to favor Bitcoin over higher-risk segments of the market. Historically, periods of elevated dominance often occur when investors prioritise liquidity, security, and institutional-grade exposure. ### What does this mean? The market is still rewarding quality and scale. While speculative capital exists, the majority of crypto investment flows remain concentrated in Bitcoin. ### What Investors Are Watching Next? Many traders are monitoring whether Bitcoin dominance begins trending lower over the coming months. Historically, sustained declines in dominance have often coincided with broader participation across Ethereum and other digital assets. Until that happens, Bitcoin remains the market’s primary leader. ## 2. ETF Flows: The Institutional Pulse of Crypto A few years ago, institutional demand was difficult to measure. Today, Bitcoin ETF flows provide one of the clearest windows into institutional sentiment. Since the launch of spot Bitcoin ETFs, institutional participation has transformed the crypto landscape. Assets under management have crossed the $100 billion mark, while cumulative inflows continue to highlight growing adoption among professional investors. The significance goes beyond the numbers. ETF participation has effectively connected traditional financial markets with digital assets, making crypto more accessible to wealth managers, pension funds, family offices, and other institutional participants. ### What This Means Institutional capital is no longer a future narrative. It is a present-day reality. Large investors now have regulated pathways to gain Bitcoin exposure, and ETF flows have become an important indicator of market confidence. ### What Investors Are Watching Next Rather than focusing on daily inflow or outflow headlines, experienced investors are watching longer-term trends. Consistent inflows typically signal sustained confidence, while prolonged outflows may indicate a more cautious risk environment. ## 3. Stablecoins: The Market’s Liquidity Engine If Bitcoin dominance shows leadership and ETFs show participation, stablecoins reveal something equally important: **Liquidity.** The stablecoin market has grown to more than $300 billion, making it one of the largest and most important segments of the digital asset ecosystem. Stablecoins serve as the primary bridge between traditional finance and crypto markets. They allow investors to move capital quickly while remaining within the digital asset ecosystem. ### What This Means Contrary to popular belief, large stablecoin balances don’t necessarily signal fear. Often, they represent capital waiting for an opportunity. Investors frequently rotate into stablecoins during uncertain periods before redeploying funds into Bitcoin, Ethereum, or other crypto assets when conviction returns. ### What Investors Are Watching Next Market participants are closely tracking stablecoin growth and circulation trends. A growing stablecoin supply suggests liquidity remains available, while shifts in deployment patterns can provide clues about future market participation. ## 4. Altcoin Rotation: The Opportunity Everyone Is Watching One of the most common questions in crypto today is: “Has altseason started?” The answer is nuanced. While certain sectors have delivered impressive performance, the broader market has not yet shown the widespread participation typically associated with a full altcoin cycle. Unlike previous market cycles where capital flowed broadly across nearly every project, today’s market is becoming increasingly selective. Investors are focusing on specific themes rather than buying everything. Areas attracting attention include: - Real-world asset tokenisation (RWAs) - Blockchain infrastructure - Layer-2 ecosystems - Artificial intelligence-related crypto projects - Decentralised finance innovation ### What This Means Capital is becoming smarter. Rather than chasing every token, investors are increasingly evaluating fundamentals, utility, and long-term adoption potential. ### What Investors Are Watching Next Broad altcoin participation typically requires Bitcoin dominance to weaken and market confidence to expand. Until then, selective sector leadership may continue to outperform broad market speculation. ## 5. Macro Conditions: Crypto’s Biggest External Influence Crypto no longer operates in isolation. Interest rates, inflation expectations, liquidity conditions, and geopolitical developments are now playing a larger role in market behaviour than ever before. As institutional participation grows, crypto markets have become increasingly connected to broader financial markets. This doesn’t mean crypto has lost its uniqueness. Rather, it means investors are evaluating digital assets alongside other global investment opportunities. ### What This Means Market sentiment is increasingly influenced by factors beyond crypto itself. Changes in monetary policy, economic growth expectations, and liquidity conditions can all impact investor appetite for risk assets. ### What Investors Are Watching Next Many investors are monitoring central bank decisions, inflation trends, and liquidity indicators alongside traditional crypto metrics. Understanding both sets of data may provide a more complete view of market conditions. ## The Bigger Picture - Individually, each of these signals tells an interesting story. - Together, they tell a much more powerful one. - Bitcoin continues to attract the majority of capital. - Institutional investors remain active through ETFs. - Stablecoin liquidity remains near record levels. - Altcoin participation is selective rather than broad-based. - And macroeconomic conditions continue to influence investor behaviour. None of these indicators suggests a market operating on speculation alone. Instead, they point to a crypto ecosystem that is becoming increasingly mature, data-driven, and integrated into the global financial system. ![Crypto market analysis dashboard showing Bitcoin dominance at 57 ETF net inflows stablecoin supply altcoin rotation trends and macroeconomic indicators influencing cryptocurrency markets in June 2026](https://blog.unocoin.com/wp-content/uploads/2026/06/ChatGPT-Image-Jun-2-2026-03_30_32-PM.jpg "Why Smart Investors Are Watching These Crypto Signals Right Now | Unocoin Blog")A data driven overview of the five key crypto signals investors are tracking in June 2026 Bitcoin dominance ETF flows stablecoin liquidity altcoin rotation and macro conditions## Final Thoughts The most successful investors don’t rely on a single indicator. They look for confirmation across multiple signals before making important decisions. Right now, those signals suggest a market that remains constructive but disciplined. Liquidity remains strong. Institutional participation continues. Bitcoin retains leadership. Yet investors are becoming increasingly selective about where they deploy capital. **Categories:** News **Tags:** Bitcoin dominance, Crypto Signals --- ### [Bitcoin Investment in 2026: Complete Guide + Weekly SBP Strategy for Long-Term Wealth](https://blog.unocoin.com/bitcoin-investment-2026-weekly-sbp-strategy-guide/) **Published:** April 23, 2026 **Author:** Unocoin Growth **Content:** Bitcoin has evolved from an experimental digital currency into one of the most talked-about investment assets in the world. Over the past decade, it has delivered significant returns while attracting investors ranging from individuals to global institutions.bitcoin But what if someone had simply invested a small amount regularly instead of trying to time the market? Let’s explore a simple scenario. **What if you invested ₹1,000 every week in Bitcoin starting in 2013?** Without trading or predicting market cycles, consistent investing through a Systematic Buying Plan (SBP) could have resulted in accumulating over 8.6 BTC over time. Based on historical prices, that investment could potentially be worth over ₹7 crores today with a total investment of roughly ₹6.27 lakh. This example highlights the potential impact of consistent investing combined with long-term holding. # Bitcoin Weekly Investment Example (2013–2025) Below is a simplified illustration of how regular investments could accumulate Bitcoin over time. YearTotal Invested (₹)BTC AccumulatedYear-End Portfolio Value (₹)201334,2003.20 BTC2,25,245201483,6004.75 BTC1,42,97520151,33,0006.80 BTC2,73,22020161,82,4007.85 BTC6,68,23020172,31,8008.37 BTC1,11,28,49020182,81,2008.48 BTC31,13,72020193,30,6008.55 BTC60,26,89520203,80,0008.61 BTC2,15,35,55020214,29,4008.62 BTC4,16,10,00020224,78,8008.65 BTC1,38,41,50020235,28,2008.67 BTC3,54,35,00020245,77,6008.68 BTC7,70,45,00020256,27,0008.69 BTC7,24,85,000 **Key Takeaways:** - Total invested: ₹6.27 lakh - Potential portfolio value: ₹7+ crores *Values are based on historical Bitcoin prices and are for illustrative purposes.* # What is a Bitcoin SBP (Systematic Buying Plan)? A Systematic Buying Plan (SBP) allows investors to purchase Bitcoin automatically at regular intervals using a fixed amount of money. It works similarly to a [Bitcoin SIP](https://blog.unocoin.com/bitcoin-sip-india/) (Systematic Investment Plan) used in mutual funds. For example: - Invest ₹1,000 every week - Buy Bitcoin automatically - Build holdings gradually over time Instead of worrying about when to buy, SBP focuses on consistent accumulation. # Why Consistent Bitcoin Investing Matters Cryptocurrency markets are known for volatility. Prices can rise quickly but also experience corrections. Trying to perfectly time the market is difficult, even for experienced traders. A systematic investment approach helps by: - **Reducing timing pressure** Investors don’t need to guess the best entry point. - **Averaging purchase prices** Buying regularly spreads purchases across different price levels. - **Building long-term discipline** Consistent investing helps create a habit of wealth building. Over time, this strategy can help investors participate in long-term market growth. # Why Bitcoin + SBP Can Be Powerful Bitcoin has several characteristics that make it attractive for long-term investors. ### **Limited Supply** Bitcoin’s supply is capped at 21 million coins, making it a scarce digital asset. ### **Global Adoption** Millions of users around the world now hold Bitcoin, and adoption continues to expand across financial platforms. ### **Institutional Interest** Institutional participation has increased significantly in recent years, with funds, companies, and financial institutions adding Bitcoin exposure. ### **Digital Store of Value Narrative** Bitcoin is often compared to gold due to its scarcity and decentralised structure. When combined with a systematic investment strategy, these characteristics make Bitcoin an interesting long-term asset for many investors. # What our SBP users say: Data from SBP usage patterns reveal interesting trends among investors. - Bitcoin dominates SBP investments, with roughly 91% of users choosing BTC. - Ethereum accounts for a smaller portion of systematic investments. - Long-term SBP users have experienced significant portfolio growth during market cycles. Many investors who started with small amounts and remained consistent were able to build meaningful holdings over time. Any individual or business professional can use SBP. # How to Start a Bitcoin SBP Starting a systematic Bitcoin investment plan is simple. 1. Create your [**Unocoin account**](https://unoco.in/app) 2. Complete the **KYC verification process** 3. Set up your **SBP schedule (daily, weekly, or monthly)** Once configured, your Bitcoin purchases can happen automatically. # Why Starting Early Matters The earlier investors begin accumulating Bitcoin, the more time they have to benefit from long-term market cycles. Even small, consistent investments can grow significantly over time when combined with patience and discipline. Instead of waiting for the “perfect” time to invest, many investors choose to focus on consistency over timing. # Important Risks to Consider While Bitcoin offers potential growth opportunities, it is important to understand the risks. - Cryptocurrency markets are volatile - Prices can experience large fluctuations - Past performance does not guarantee future returns Investors should always invest responsibly and maintain a long-term perspective. # Start Your Bitcoin Investment Journey You don’t need large capital to begin investing in Bitcoin. With platforms like Unocoin, investors can start with small amounts and build exposure gradually through a Systematic Buying Plan. Even investing ₹100 or ₹1,000 regularly can help you begin your long-term crypto journey. 👉 [**Start your Bitcoin SBP today**](https://unocoin.com/in/bitcoin?type=sbp) # Final Thoughts Bitcoin continues to evolve as a global digital asset supported by increasing adoption, limited supply, and growing institutional interest. While markets can be unpredictable in the short term, consistent investing strategies such as SBP allow investors to participate in Bitcoin’s long-term potential. **Start small. Stay consistent. Think long term.** Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog, Development, Featured --- ### [How SIP works? Set it up in 3 easy steps](https://blog.unocoin.com/how-sip-works-set-it-up-in-3-easy-steps/) **Published:** April 13, 2015 **Author:** Unocoin News **Content:** [![Print](https://blog.unocoin.com/wp-content/uploads/2015/04/sip-explained.jpg "Print | Unocoin Blog")](https://blog.unocoin.com/bitcoin-sip-india/) **Categories:** News, Tutorials --- ### [Start Trading POL Tokens on Unocoin](https://blog.unocoin.com/start-trading-pol-tokens-on-unocoin/) **Published:** January 17, 2025 **Author:** Unocoin Growth **Content:** **MATIC migration from Polygon to POL completed now Trade POL Tokens on Unocoin** Polygon Network has completed its token migration from MATIC to POL, a major upgrade designed to improve the functionality and scalability of the Polygon ecosystem. Dubbed the “Next Generation Token”, POL represents enhanced capabilities to support the growing demand for multi-chain solutions. **Migration overview** The migration process **involved a 1:1 exchange of MATIC tokens for POL tokens.** All eligible MATIC holders on Unocoin were seamlessly credited with an equivalent amount of POL tokens. This transition represents a key shift as POL aims to serve as a versatile asset that powers staking, management and other key operations within the Polygon ecosystem. **Key features of POL tokens Improved staking support:** POL introduces advanced staking mechanisms that allow users to participate in securing multiple chains within the Polygon ecosystem. **Improved governance:** With POL, users can actively participate in decentralized decision-making processes, ensuring a more robust and inclusive governance framework. **Multi-Chain Compatibility:** POL is designed to work seamlessly across multiple chains, making it an essential part of Polygon’s vision for a multi-chain future. **What does this mean for Unocoin users?** For Unocoin users, the migration ensures uninterrupted access to their assets while opening up new opportunities. **Trading:** POL tokens are now live on the Unocoin trading platform. Users can buy, sell and exchange POL tokens effortlessly. **Deposits:** Full support for POL deposits is now available, enabling seamless interaction with external wallets and platforms. **Steps to access POL on Unocoin** **Trade POL:** Start trading POL tokens by visiting Unocoin Exchange. **Deposit POL:** Securely deposit your POL tokens through Deposit POL. **Technical benefits of migration The POL token migration underscores Polygon’s commitment to providing a more scalable and interoperable network. By upgrading from MATIC to POL, the ecosystem gains, higher transaction throughput .The POL architecture supports improved scalability and adapts to increased transaction volumes. Ecosystem Synergy as POL integrates with Polygon’s suite of solutions to ensure cohesive operation across chains and applications. **Future Proof:** The token design aligns with Polygon’s long-term plan and allows for continuous growth and innovation. This migration solidifies Polygon’s position as a leader in the blockchain space while providing users with a new level of utility and flexibility. Thank you for choosing Unocoin as your trusted cryptocurrency trading and asset management platform. Stay tuned for more information and opportunities. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, News **Tags:** matic, POL Price, POL Tokens, Polygon --- ### [Important Announcement: Fantom (FTM) Migration to Sonic (S) & Withdrawal Deadline on Unocoin](https://blog.unocoin.com/important-announcement-fantom-ftm-migration-to-sonic-s-withdrawal-deadline-on-unocoin/) **Published:** March 12, 2025 **Author:** Unocoin Growth **Content:** ## **FTM Migration to Sonic (S) – Action Required for Unocoin Users** Dear Unocoin Users, We want to inform you about an important update regarding Fantom (FTM). The Fantom Foundation has initiated the migration of the Fantom (FTM) token on the Fantom Opera network to the Sonic (S) token on the Sonic network. ### **Withdrawal Window: March 15 – March 30, 2025** To ensure a smooth transition for our users, Unocoin has opened a withdrawal window from **March 15, 2025, to March 30, 2025**. During this period, you are required to withdraw your FTM tokens from Unocoin to an external wallet or an exchange that supports FTM on the Fantom Opera network. ### **Action Required** 1. **[Withdraw FTM Tokens](https://unocoin.com/in/exchange/inr/ftm) Before March 30, 2025** – Ensure that you transfer your FTM holdings to a supported external wallet (e.g., MetaMask) or an exchange that supports FTM on the Fantom Opera network. 2. **Verify Withdrawal Address** – Double-check your withdrawal address before processing the transaction to avoid loss of funds. 3. **Act Within the Given Timeframe** – Unocoin will not support any transactions, including withdrawals, for FTM after March 30, 2025. Failing to withdraw within the deadline will result in the inability to access your FTM tokens on Unocoin. ### **What Happens After March 30, 2025?** - **FTM Transactions Will Be Disabled**: After the deadline, Unocoin will permanently discontinue any support for FTM, including deposits, withdrawals, and trading. - **Users Must Manage Their Tokens Independently**: If you miss the withdrawal window, you will need to reach out to the Fantom Foundation’s official channels for further guidance, as Unocoin will no longer facilitate FTM-related transactions. ### **Need Assistance?** If you have any questions or need help withdrawing your FTM tokens, please reach out to our **Unocoin Support Team** before the deadline. We appreciate your cooperation and encourage you to take immediate action to safeguard your FTM holdings. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Crypto, FTM, FTM Migration, Sonic --- ### [How XRPL Is Shaping the Future of Payments, DeFi, and Tokenization in 2026](https://blog.unocoin.com/xrpl-2026-roadmap-institutional-adoption-tokenization/) **Published:** April 30, 2026 **Author:** Unocoin Growth **Content:** The XRP Ledger is undergoing one of the most significant transformations in the digital asset space. Once known primarily for enabling fast and cost-efficient cross-border payments, XRPL is now evolving into a full-fledged Institutional DeFi Operating System. As of early 2026, this shift is no longer theoretical—it is actively reshaping how financial institutions interact with blockchain infrastructure. This year is increasingly being recognised as a tipping point for “institutional adoption at scale,” with XRPL at the centre of this transition. The network is moving beyond speculative use cases and positioning itself as a backbone for real-world financial applications, from tokenised assets to compliant decentralised finance. ## **Institutional Adoption Accelerates** Momentum around XRP is being driven by a clear rise in institutional participation. By early 2026, institutional allocation to XRP is projected to reach nearly 25%, up significantly from the beginning of the year. This reflects growing confidence among asset managers, hedge funds, and financial institutions that are beginning to see XRP not just as a digital asset but as a strategic financial instrument. A major milestone in this journey has been the success of spot XRP exchange-traded funds (ETFs). These products have already attracted over $1.5 billion in inflows within the first quarter of 2026. Notably, Goldman Sachs has disclosed a substantial position in XRP ETFs, signalling increasing acceptance from traditional finance. Such developments are reinforcing XRP’s credibility as an investable asset class within institutional portfolios. ## **A Strategic Pivot Toward Financial Infrastructure** The 2026 roadmap for XRPL highlights a decisive pivot—from a payments-focused protocol to a comprehensive financial infrastructure layer. The network is now prioritising capabilities that enable tokenisation, stablecoins, and decentralised liquidity. Stablecoin integration, including Ripple’s RLUSD initiative, is helping bridge the gap between fiat and blockchain ecosystems. At the same time, XRPL is expanding its support for tokenised assets, allowing institutions to issue and manage digital representations of real-world financial instruments directly on-chain. This evolution marks a critical shift: instead of simply moving money across borders, XRPL is becoming a platform where financial products are created, traded, and settled. ## **Native Lending and Yield Opportunities** One of the most notable innovations is the introduction of a native lending framework under the XLS-66 proposal by Ripple. This infrastructure is designed specifically for regulated institutions, enabling them to lend, borrow, and generate yield within a compliant blockchain environment. This development positions XRP as more than just a transactional asset. It opens the door for XRP to be used as a yield-generating treasury asset, allowing institutions to deploy capital efficiently while maintaining exposure to blockchain-based returns. ## **Permissioned DeFi: Bridging TradFi and Blockchain** A key barrier to institutional adoption in DeFi has always been regulatory compliance. XRPL is addressing this through the introduction of permissioned domains on its decentralised exchange (DEX). These domains allow participants to meet KYC and AML requirements, ensuring that only verified entities can access certain financial products. This approach creates a hybrid model—combining the efficiency of decentralised systems with the compliance standards required by traditional finance. It is a crucial step in bringing large-scale institutional capital on-chain without compromising regulatory frameworks. ## **Tokenisation and Real-World Asset Growth** Tokenisation is rapidly emerging as one of XRPL’s strongest value propositions. By early 2026, tokenised real-world assets (RWAs) on the network will have surpassed $474 million in value. These include assets such as bonds, funds, and structured financial products. The launch of Multi-Purpose Tokens (MPTs) further enhances XRPL’s flexibility, enabling institutions to design complex financial instruments tailored to specific use cases. Partnerships with firms like Aviva Investors highlight growing interest in bringing traditional investment products onto blockchain rails. ## **Expanding Institutional Ecosystem** The XRPL ecosystem is being strengthened by collaborations with major global players. SBI Holdings continues to expand XRP-powered remittance solutions while exploring integrations into securities and foreign exchange platforms in Japan. Meanwhile, Mastercard is working to connect its payment network with XRPL, aiming to enable near-instant settlement for global transactions. Venture firms like Franklin Templeton and Pantera Capital are also actively supporting projects building on XRPL, further accelerating innovation. ## **Technical Advancements Powering the Future** XRPL’s transformation is backed by a series of critical technical upgrades. Native oracle integrations, powered by solutions like Band Protocol, provide reliable on-chain data feeds essential for asset pricing and DeFi applications. The introduction of decentralised identifiers (DIDs) allows for secure, self-sovereign identity management—an essential feature for permissioned financial ecosystems. Additionally, features like AMM clawback mechanisms address compliance needs by enabling fund recovery in specific regulatory scenarios. Looking ahead, Ripple has also outlined a roadmap to make XRPL quantum-resistant by 2028, ensuring long-term security for institutional use cases. ## **The Road Ahead** The evolution of the XRP Ledger reflects a broader shift within the crypto industry—from speculation to real-world utility. With strong institutional backing, expanding infrastructure, and a focus on compliance, XRPL is positioning itself as a key player in the future of finance. As 2026 unfolds, the network’s ability to bridge traditional finance with decentralised systems will determine how far this transformation can go. What is clear, however, is that XRPL is no longer just part of the conversation—it is helping define the next phase of global financial infrastructure. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [BTC Climbs to 12-Week Peak - BTC Breaks Out](https://blog.unocoin.com/btc-climbs-to-12-week-peak-btc-breaks-out/) **Published:** April 29, 2026 **Author:** Unocoin Growth **Content:** Bitcoin (BTC) has once again captured global market attention, climbing to a 12-week high and reinforcing its position as the leading indicator of crypto market sentiment. On April 27, 2026, BTC surged to approximately $79,488, marking its strongest level since late January. This move wasn’t just another short-term spike—it reflects a broader shift in market confidence, driven by institutional capital, strategic accumulation, and improving global macro conditions. As of April 28, Bitcoin is consolidating in the $77,000–$79,000 range, suggesting the market is stabilising after a sharp upward move. While short-term consolidation is typical after such rallies, the underlying drivers of this surge point to a more sustained bullish narrative. ## **Institutional Capital Returns with Conviction** One of the most significant catalysts behind Bitcoin’s recent rally has been the resurgence of institutional inflows. U.S.-based spot Bitcoin ETFs have seen a notable uptick in activity, with April alone recording net inflows of around $2.5 billion. This marks the strongest monthly performance since October 2025 and signals renewed confidence among large investors. Institutional participation plays a critical role in shaping Bitcoin’s price trajectory. Unlike retail-driven rallies, institutional inflows tend to be more strategic and long-term in nature. The steady stream of capital entering through regulated investment vehicles like ETFs suggests that Bitcoin is increasingly being viewed as a core portfolio asset, rather than a speculative bet. This trend also reflects a broader shift in how traditional finance perceives digital assets. Bitcoin is no longer operating on the fringes—it is steadily integrating into mainstream financial systems. ## **Whale Activity and Corporate Accumulation Intensify** Beyond institutional inflows, on-chain data highlights a significant increase in accumulation by large holders, often referred to as “whales.” Wallets holding 100 BTC or more have shown aggressive buying behaviour, with one of the strongest weekly accumulation phases recorded since mid-2025. This kind of accumulation typically indicates confidence among seasoned market participants. Whales often accumulate during consolidation phases and hold through volatility, positioning themselves ahead of larger market moves. Adding to this momentum is continued corporate buying. Major treasury firms have reportedly expanded their Bitcoin reserves, including a notable multi-billion-dollar purchase that has tightened available supply in the market. This dynamic is contributing to what some analysts describe as a “supply-side liquidity squeeze,” where increasing demand meets limited available Bitcoin, naturally pushing prices higher. ## **Macro Tailwinds Boost Risk Appetite** Global macroeconomic conditions have also played a supportive role in Bitcoin’s rally. Easing geopolitical tensions, particularly optimism surrounding potential diplomatic developments in the Middle East, have improved overall market sentiment. When uncertainty declines, investors tend to move capital back into risk assets—including equities and cryptocurrencies. Bitcoin, often seen as both a risk asset and a hedge, benefits significantly in such environments. At the same time, market participants are closely watching signals from central banks, especially around interest rate policies. Expectations of a more accommodative stance from the Federal Reserve later in the year have further strengthened bullish sentiment across financial markets. ## **Technical Breakout Signals Strong Momentum** From a technical perspective, Bitcoin’s recent move is equally significant. After several weeks of sideways consolidation, BTC successfully broke above the critical $77,000 resistance level on April 17. This breakout not only confirmed bullish momentum but also established $77,000 as a new support zone. Breaking key resistance levels often triggers a cascade of buying activity, including algorithmic trading and momentum-driven strategies. This has helped propel Bitcoin toward the $80,000 threshold—a level that now acts as an important psychological barrier. If Bitcoin manages to sustain above this range, analysts believe the next potential targets lie between $80,000 and $85,000 in the near term. ## **Market Outlook: Optimism with a Note of Caution** Looking ahead, market sentiment remains broadly optimistic. Several analysts project that continued momentum could push Bitcoin toward $86,000–$95,000 in the coming months. More aggressive forecasts even suggest the possibility of new all-time highs in the $150,000–$160,000 range by the end of 2026. However, the rally is not without its risks. Some market observers have pointed out relatively lower trading volumes during the recent surge, which could indicate weaker conviction behind the move. Lower volume rallies are sometimes more vulnerable to sudden corrections, especially if triggered by macroeconomic shocks. Additionally, Bitcoin continues to show a strong correlation with traditional financial markets. Its movement remains closely linked to broader risk sentiment, including equities and commodities like gold. This interconnectedness means that any significant shifts in global markets could directly impact Bitcoin’s price action. ## **The Road Ahead** Bitcoin’s climb to a 12-week high underscores the evolving maturity of the crypto market. The convergence of institutional interest, corporate adoption, and macroeconomic support is shaping a more robust foundation for long-term growth. While short-term volatility is inevitable, the current rally reflects deeper structural trends rather than speculative excess. As the market awaits further cues—from central bank policies to institutional flows—Bitcoin continues to hold its ground as the centrepiece of the digital asset ecosystem. For investors, the coming weeks will be crucial in determining whether this breakout evolves into a sustained bull run or pauses for further consolidation. Either way, Bitcoin’s latest move reinforces one key takeaway: the asset is no longer just reacting to the market—it is helping define it. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Tether Launches Self-Custodial Wallet to Power the Next Wave of Crypto Payments](https://blog.unocoin.com/tether-launches-self-custodial-wallet-to-power-the-next-wave-of-crypto-payments/) **Published:** April 27, 2026 **Author:** Unocoin Growth **Content:** The evolution of crypto is no longer just about trading—it’s about real-world usability. Taking a major step in this direction, Tether has introduced its new mobile application, *tether.wallet*, designed to bring seamless digital payments directly into the hands of users. This launch marks a significant transition for Tether—from being a dominant issuer of stablecoins to becoming a consumer-facing payments enabler. And in doing so, it highlights a broader shift happening across the crypto ecosystem: the move from infrastructure to everyday utility. ## **A Wallet Built for Real-World Usage** At its core, the Tether wallet is a self-custodial mobile wallet, meaning users retain complete control over their digital assets. Unlike centralised exchanges, where funds are held by a third party, this wallet ensures that private keys remain securely stored on the user’s device. This approach aligns with one of crypto’s foundational principles—ownership without intermediaries. For users, this means: - Full control over funds - Greater security autonomy - Reduced reliance on centralised platforms As crypto adoption expands globally, self-custody is increasingly being viewed as a critical component of long-term financial independence. ## **Multi-Asset and Multi-Chain Capabilities** The wallet is designed to support a wide range of assets within the Tether ecosystem, including: - Bitcoin (on-chain and Lightning Network) - Tether - Tether Gold - USAT (Tether’s asset-backed token) This multi-asset functionality ensures that users can seamlessly transact across different use cases—whether it’s payments, transfers, or value storage. The inclusion of the **Lightning Network** is particularly important. It enables near-instant, low-cost Bitcoin transactions, making micro-payments and everyday usage more practical than ever before. ## **Simplifying the Crypto Experience** One of the biggest barriers to crypto adoption has always been complexity. Long wallet addresses, confusing transaction fees, and multi-step processes often discourage new users. Tether’s new wallet tackles these challenges head-on. ### **Human-Readable Usernames** Instead of sharing long alphanumeric wallet addresses, users can send and receive funds using simple identifiers like *name@tether.me*. This significantly improves usability and reduces the chances of errors. ### **Gasless Transactions** Another standout feature is the ability to pay transaction fees directly in the asset being transferred. This eliminates the need to hold separate tokens for gas fees—one of the most common pain points for users. Together, these features create a smoother, more intuitive experience—closer to traditional digital payment apps. ## **Designed for Scale: Humans, Machines, and AI** Tether is not just thinking about today’s users—it is building for the future. The wallet is positioned as a platform that can facilitate transactions not only between people but also between machines and AI agents. As automation and AI-driven economies expand, the need for frictionless, programmable payments will grow significantly. By enabling seamless, peer-to-peer transfers, the Tether wallet is laying the groundwork for this next phase of digital interaction. ## **A Strategic Shift for Tether** Historically, Tether has operated as a back-end infrastructure provider, powering liquidity and stability across crypto markets through its flagship stablecoin. With the tether wallet, the company is making a clear move toward front-end user engagement. This shift is important for two reasons: 1. **Direct Relationship with Users Instead of relying solely on exchanges and platforms, Tether can now interact directly with its global user base—estimated to exceed hundreds of millions. 2. **Expanding Use Cases By enabling payments, remittances, and peer-to-peer transfers, Tether is broadening the role of stablecoins beyond trading. ## **What This Means for the Crypto Ecosystem** The launch of tether wallet reflects a larger industry trend—the convergence of crypto and everyday finance. Key implications include: ### **1. Acceleration of Payment Adoption** As wallets become easier to use, more people will begin using crypto for daily transactions rather than just investment. ### **2. Increased Competition** Wallet providers and exchanges will need to innovate rapidly to match improved user experiences and lower friction. ### **3. Stronger Push Toward Self-Custody** Users are becoming more aware of the importance of controlling their own assets, especially in a maturing regulatory environment. ## **Relevance for India and Unocoin Users** For Indian users, this development reinforces a growing global narrative: crypto is evolving into a **functional financial tool**, not just a speculative asset. Platforms like Unocoin continue to play a crucial role in onboarding users, providing secure access to digital assets, and enabling participation in this expanding ecosystem. While self-custodial wallets empower users with control, trusted platforms remain essential for: - Easy onboarding - Fiat-to-crypto access - Secure trading environments Together, they form a balanced ecosystem that supports both accessibility and independence. ## **The Bigger Picture** Tether’s wallet launch is more than just a product release—it’s a statement about where the industry is heading. Crypto is steadily moving beyond exchanges and into everyday life. Payments are becoming faster, simpler, and more intuitive. And most importantly, users are gaining greater control over their financial assets. As innovation continues, one thing is becoming increasingly clear: **The future of finance will be mobile, self-custodial, and powered by seamless digital transactions.** Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Top Reasons to Invest in Bitcoin in 2026 | Long-Term Bitcoin Investment Guide](https://blog.unocoin.com/top-reasons-to-invest-in-bitcoin-2026/) **Published:** April 22, 2026 **Author:** Unocoin Growth **Content:** ## **Why Bitcoin Is a Key Investment Asset in 2026** Bitcoin has gradually moved from being a niche digital asset to a globally recognised investment category. Today, it is tracked by institutions, regulators, and millions of individual investors worldwide. According to recent market data, Bitcoin continues to account for 45–50% of the total cryptocurrency market capitalisation, reinforcing its position as the leading digital asset. In 2026, a combination of limited supply, institutional participation, and increasing adoption is shaping Bitcoin’s long-term investment narrative. ## **Why Bitcoin Is Emerging as a Digital Asset Leader** Bitcoin was the first cryptocurrency and remains the most widely adopted. Its network has been running for over 15 years without interruption, making it one of the most secure decentralised systems globally. Compared to newer digital assets, Bitcoin benefits from: - A large global user base - High liquidity across exchanges - Strong brand recognition These factors contribute to its continued leadership in the crypto market. ## **Scarcity & Halving: The Core Value Driver** One of Bitcoin’s defining features is its fixed supply of 21 million coins. As of now, over 20 million BTC have already been mined, meaning more than 95% of total supply is already in circulation. Bitcoin’s “halving” event, which occurs roughly every four years, reduces the rate of new supply entering the market. Historically: - 2012 Halving → Followed by a major price cycle - 2016 Halving → Led to the 2017 bull run - 2020 Halving → Preceded the 2021 peak - 2024 Halving → BTC hits 100K+ While past performance does not guarantee future results, these cycles highlight how supply constraints can influence market behaviour. ## **Institutional Adoption & ETF Inflows** Institutional interest has increased significantly in recent years. For example: - Spot Bitcoin ETFs in global markets have collectively seen billions of dollars in inflows - Large asset managers and funds now include Bitcoin as part of diversified portfolios This shift is important because institutional capital tends to be: - Long-term oriented - Less reactive to short-term volatility It adds stability and credibility to the market over time. ## **Bitcoin as Digital Gold & Inflation Hedge** Bitcoin is often compared to gold due to its scarcity and independence from central banks. Gold has historically been used as a hedge against inflation. Similarly, Bitcoin is increasingly viewed as a digital store of value, especially in environments where: - Inflation remains elevated - Currency purchasing power declines While still evolving, this narrative is gaining acceptance among global investors. ## **Global Adoption & Increasing Use Cases** Bitcoin adoption continues to expand across regions. Key indicators include: - Millions of active wallet addresses globally - Increasing integration with payment platforms - Growing use in cross-border transfers Some companies also hold Bitcoin as part of their treasury strategy, reflecting growing confidence in its long-term utility. ## **High Return Potential & Historical Performance** Over the long term, Bitcoin has delivered strong returns compared to traditional asset classes. For perspective: - Bitcoin has outperformed many traditional assets over 10 years - However, it has also experienced multiple corrections of 30–70% This highlights an important point: Bitcoin offers high return potential, but requires patience and risk awareness ## **Liquidity & Accessibility** Bitcoin is one of the most liquid digital assets in the world. - It trades 24/7 globally - Daily trading volumes often reach billions of dollars - Investors can buy fractions of Bitcoin, making it accessible even with small amounts This flexibility makes it suitable for both new and experienced investors. ## **Security, Transparency & Decentralisation** Bitcoin operates on a decentralised blockchain network. This means: - Transactions are publicly verifiable - No single authority controls the network - Security is maintained through a distributed system of validators Over time, this structure has proven to be resilient and reliable. ## **Portfolio Diversification Benefits** Adding Bitcoin to a portfolio can help improve diversification. Research over time has shown that Bitcoin’s price movements are not always directly correlated with traditional assets like stocks or real estate. This makes it a potential tool for: - Balancing risk - Enhancing long-term returns ## **Why 2026 Could Be a Key Investment Window** Market cycles in Bitcoin often follow a pattern: 1. Accumulation phase 2. Expansion phase 3. Peak and correction Following the most recent halving cycle, 2026 may represent a phase where: - Institutional participation is increasing - Supply growth is slowing - Market awareness is expanding While no outcome is guaranteed, these factors are closely monitored by long-term investors. ## **Risks to Consider Before Investing** Bitcoin is not without risks. Investors should be aware of: - Price volatility - Regulatory developments - Market sentiment shifts It is important to invest only what you can afford to hold through market cycles. ## **Tips for Investing in Bitcoin** A disciplined approach can help manage volatility: - Invest regularly instead of timing the market - Consider a **[Systematic Buying Plan](https://unocoin.com/in/bitcoin?type=sbp) (SBP)** - Focus on long-term goals rather than short-term price movements - Use secure and trusted platforms Consistency often matters more than timing. ### **How to Start Investing in Bitcoin** Getting started with Bitcoin is straightforward: 1. Create an account on a trusted platform like Unocoin 2. Complete verification 3. Add funds 4. Start investing in small amounts For many investors, using a recurring investment approach helps reduce the impact of market volatility over time. ### **Conclusion: A Future-Ready Digital Investment** Bitcoin continues to evolve as a global financial asset supported by strong fundamentals. Its combination of scarcity, growing adoption, and institutional participation makes it relevant for long-term investors. Rather than focusing on short-term price movements, a steady and informed approach can help investors navigate this emerging asset class more effectively. Platforms like Unocoin make it easier to start small, stay consistent, and build exposure over time. ### **FAQs** ### **Is Bitcoin a good investment in 2026?** Bitcoin remains a relevant long-term asset due to its limited supply and increasing adoption. ### **Can I invest small amounts in Bitcoin?** Yes, Bitcoin can be purchased in fractions, making it accessible to all investors. ### **Is Bitcoin safe to invest in?** Bitcoin is secure at the network level, but investors should use trusted platforms and follow best practices. ### **What is the best way to invest in Bitcoin?** A systematic investment approach helps reduce the impact of volatility. ### **Is Bitcoin legal in India?** Bitcoin is not illegal, but investors should stay informed about regulatory updates. Follow unocoin for regulatory Updates. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [The Clarity Act Explained: How New Stablecoin Rules Could Reshape Crypto in 2026](https://blog.unocoin.com/the-clarity-act-explained-how-new-stablecoin-rules-could-reshape-crypto-in-2026/) **Published:** April 24, 2026 **Author:** Unocoin Growth **Content:** The global regulatory landscape for digital assets is entering a defining phase, and at the center of this transformation is the proposed Digital Asset Market Clarity Act (CLARITY Act) in the United States. As stablecoins continue to power billions in daily transactions, this legislation aims to bring structure, trust, and long-awaited regulatory certainty to the ecosystem. For investors, exchanges, and fintech platforms worldwide—including India—this is not just a U.S. policy update. It’s a signal of how the future of digital payments may be shaped. ## **Understanding the Clarity Act** The CLARITY Act (H.R. 3633) is designed to establish a comprehensive legal framework for digital assets, with a particular focus on stablecoins. Working alongside the proposed GENIUS Act, the bill seeks to clearly define how digital assets should be classified and regulated. One of its most important distinctions is how it treats stablecoins—not as securities, but as “permitted payment stablecoins.” This classification shifts their role away from speculative instruments and firmly into the domain of payments infrastructure. In simple terms, regulators want stablecoins to behave more like digital cash than interest-bearing financial products. ## **Key Features of the Stablecoin Framework** The Clarity Act introduces several foundational requirements aimed at increasing transparency and reducing systemic risk: ### **1. Full Reserve Backing** Stablecoin issuers must maintain 100% reserves in highly liquid, low-risk assets such as cash or short-term government securities. This ensures that every token in circulation is fully backed, minimizing the risk of a collapse similar to past algorithmic failures. ### **2. Mandatory Transparency** Issuers are required to provide monthly third-party attestations, confirming that reserves match the circulating supply. This move is expected to significantly boost investor confidence and accountability across the ecosystem. ### **3. Federal Oversight** Regulatory authority will fall under key institutions like the Federal Reserve and the Office of the Comptroller of the Currency. This introduces a bank-grade compliance environment for stablecoin issuers. Together, these measures aim to transform stablecoins into one of the most secure and transparent digital financial instruments available. ## **A Shift in Purpose: Payments Over Profits** One of the most debated aspects of the Clarity Act is its stance on stablecoin yields. The proposed framework includes a restriction on passive yield generation from stablecoins. This means users may no longer earn interest simply by holding assets like Tether or USD Coin in wallets or exchange accounts. Why does this matter? Regulators are attempting to prevent stablecoins from functioning like traditional bank deposits, which could disrupt the banking system by diverting large volumes of capital away from regulated institutions. Instead, the focus is shifting toward utility-driven usage: - Stablecoins as payment rails - Cross-border remittances - Real-time settlement infrastructure However, the current draft introduces a balanced approach. While passive interest may be restricted, activity-based rewards—such as incentives tied to transactions or usage—could still be allowed. ## **Impact on Exchanges and Crypto Platforms** For centralised platforms, this regulatory shift presents both challenges and opportunities. Exchanges like Coinbase, which have historically benefited from stablecoin-related yield programs, may see changes in revenue models. However, many industry players are showing support for the bill, recognising that regulatory clarity can unlock long-term growth. For platforms like Unocoin, the implications are significant: - A more structured global framework enhances trust among users - Clear compliance standards make cross-border expansion easier - Payment-focused stablecoins align with real-world crypto adoption ## **Unlocking Institutional Capital** Perhaps the most important outcome of the Clarity Act is its potential to drive institutional adoption at scale. For years, large investors—such as pension funds and asset managers—have remained cautious due to regulatory uncertainty. By defining rules around reserves, custody, and compliance, the Act could unlock billions of dollars in institutional capital. This is especially relevant for the stablecoin market, which has already grown to hundreds of billions in size. With proper regulation, it could evolve into a core layer of the global financial system. ## **Implications for DeFi and Innovation** While centralised issuers face stricter oversight, the Act also introduces a forward-looking concept—a “decentralisation test.” This provision allows certain blockchain protocols to transition from being classified as securities to digital commodities, provided they meet decentralisation criteria. This creates a pathway for innovation while maintaining regulatory safeguards. In effect, the Clarity Act is not just about control—it’s about enabling sustainable growth. ## **Timeline and What Lies Ahead** As of April 2026, the Clarity Act has already passed the House of Representatives and is currently under review in the Senate Banking Committee. The coming months will be critical. Market experts suggest that if the legislation is not finalised before the midterm election cycle intensifies, progress could be delayed significantly. ## **The Bigger Picture** The Clarity Act represents more than just a regulatory update—it marks a turning point in how governments approach digital assets. Stablecoins are no longer experimental tools. They are rapidly becoming the backbone of digital payments, remittances, and financial infrastructure. For users, investors, and platforms like Unocoin, this shift brings a clear message: The future of crypto will not just be innovative—it will be regulated, trusted, and deeply integrated into everyday finance. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Morgan Stanley’s $100M Bitcoin ETF Milestone Signals](https://blog.unocoin.com/morgan-stanleys-100m-bitcoin-etf-milestone-signals/) **Published:** April 22, 2026 **Author:** Unocoin Growth **Content:** The institutional narrative around Bitcoin continues to strengthen—and the latest move by Morgan Stanley is a clear indicator of where the market is heading. In a remarkable debut, Morgan Stanley’s newly launched spot Bitcoin ETF, the *Morgan Stanley Bitcoin Trust (MSBT)*, has crossed $100 million in assets under management (AUM) within just its first week of trading (as of mid-April 2026). This rapid growth is not just a product success story—it reflects a broader shift in how institutional capital is approaching digital assets. ## **A Breakout Launch That Turned Heads** The speed at which MSBT scaled is noteworthy even by traditional finance standards. Within just six trading sessions, the fund attracted over $100 million in inflows, making it one of the fastest-growing ETF launches in recent times. What sets this apart is not just the capital inflow, but the strategic positioning. Morgan Stanley has introduced this product with a highly competitive expense ratio of just 0.14%, making it one of the most cost-efficient Bitcoin ETFs currently available in the U.S. market. This aggressive pricing directly challenges established players like BlackRock, signaling an intensifying race for dominance in the institutional crypto space. Behind the scenes, blockchain analytics firm Arkham Intelligence reported that the ETF is backed by approximately 1,348 BTC, reinforcing transparency and trust—two factors that institutional investors prioritize heavily. ## **Why This Matters: More Than Just Numbers** This milestone goes beyond impressive figures—it represents a structural shift in financial markets. Morgan Stanley is not merely offering exposure to Bitcoin; it is embedding crypto into its core wealth management ecosystem. With a network of approximately 16,000 financial advisors, the firm now has the ability to directly recommend Bitcoin exposure through its own proprietary product. This removes friction, simplifies access, and accelerates adoption among high-net-worth and institutional clients. For years, institutions relied on indirect exposure—via trusts, futures, or third-party ETFs. MSBT changes that dynamic. It reflects a growing preference for direct, regulated, and institution-backed Bitcoin investment vehicles. ## **The Rise of the “Second Wave” of Institutional Adoption** The success of MSBT signals what many analysts are calling a “second wave” of institutional crypto adoption. The first wave was largely experimental—institutions testing the waters through limited allocations and indirect exposure. The second wave, however, is defined by conviction. Large financial players are now building dedicated products, integrating crypto into advisory frameworks, and actively competing for market share. Morgan Stanley itself had already increased its exposure to Bitcoin ETFs earlier in 2026, as seen in its regulatory filings. But this latest move takes things further—shifting from participant to product leader. This evolution is crucial. It suggests that Bitcoin is no longer viewed as a fringe asset or speculative play. Instead, it is increasingly being treated as a strategic allocation within diversified portfolios, similar to gold or equities. ## **Implications for the Crypto Ecosystem** The ripple effects of this development extend far beyond Wall Street. 1. **Increased Credibility: When global financial giants deepen their involvement, it strengthens trust across the ecosystem, encouraging broader participation. 2. **Retail Access Through Institutional Channels: Investors who were previously hesitant can now access Bitcoin through familiar, regulated frameworks. 3. **Competitive Innovation: Fee wars and product innovation will intensify as firms compete to attract capital, ultimately benefiting investors. 4. **Market Stability Over Time: Institutional capital tends to be more long-term and less reactive, which could gradually reduce volatility in the crypto market. ## **What This Means for India and Platforms Like Unocoin** For Indian investors and platforms like Unocoin, this global shift carries significant implications. As institutional adoption grows globally, the perception of Bitcoin within India continues to mature. Investors are increasingly recognizing it not just as a trading asset, but as a long-term store of value and portfolio diversifier. Moreover, developments like MSBT reinforce the importance of accessible, secure, and compliant crypto platforms. While institutional investors enter through ETFs, retail investors in India rely on trusted exchanges like Unocoin to participate in the same global trend. ## **The Bigger Picture** Morgan Stanley’s $100 million milestone is not an isolated achievement—it is part of a larger transformation in global finance. Bitcoin is steadily moving from the edges of the financial system into its core. With each institutional milestone, the gap between traditional finance and digital assets continues to close. As more players enter the space and competition intensifies, one thing becomes clear: the future of finance is not just digital—it’s decentralized, borderless, and increasingly mainstream. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Charlie Lee & Litecoin: The Vision of Simplicity That Still Shapes Crypto](https://blog.unocoin.com/charlie-lee-litecoin-the-vision-of-simplicity-that-still-shapes-crypto/) **Published:** April 20, 2026 **Author:** Unocoin Growth **Content:** In the fast-moving world of cryptocurrency, where new tokens emerge daily and narratives shift rapidly, only a handful of projects have stood the test of time. One such project is Litecoin—and behind it stands a visionary engineer, Charlie Lee. For users and investors on Unocoin, understanding Litecoin’s origins and philosophy offers valuable insight into how foundational crypto assets continue to influence today’s evolving market. ## **The Engineer Behind Litecoin** Charlie Lee is not just a crypto founder—he’s a technologist with deep roots in Silicon Valley. Before entering the blockchain space, Lee worked at leading tech firms and later joined Google, where he contributed to products like YouTube Mobile and Chrome OS. His journey into crypto began around 2011, when Bitcoin was still in its early stages. Fascinated by the idea of decentralized money, Lee recognized both its potential and its limitations. Instead of simply investing, he decided to build. ## **The Birth of Litecoin: “Silver to Bitcoin’s Gold”** In 2011, Lee launched Litecoin as a fork of Bitcoin, designed not to compete—but to complement it. His vision was simple: - Bitcoin would serve as store of value (gold) - Litecoin would act as medium of exchange (silver) To achieve this, Lee introduced several key improvements over Bitcoin: ### **1. Faster Transactions** Litecoin processes blocks every 2.5 minutes, compared to Bitcoin’s 10 minutes—making transactions significantly quicker. ### **2. Lower Fees** Designed for everyday use, Litecoin offers cheaper transactions, making it ideal for payments and transfers. ### **3. Higher Supply** With a maximum supply of 84 million coins, Litecoin ensures greater accessibility compared to Bitcoin’s 21 million cap. These changes positioned Litecoin as a practical, user-friendly cryptocurrency, especially for smaller, frequent transactions. ## **Technical Innovation: The Scrypt Advantage** One of Lee’s most important decisions was adopting a different mining algorithm—Scrypt instead of SHA-256. The goal? To make mining more accessible to everyday users, rather than limiting it to large-scale operations. While over time mining evolved and became more competitive, this early design choice reflected Lee’s core philosophy: crypto should be inclusive, not exclusive. ## **From Google to Crypto Leadership** In 2013, Lee made a bold move—he left Google to fully commit to the crypto space, joining Coinbase as an engineering manager. During his time there, he helped scale one of the world’s largest crypto exchanges, gaining deep insights into user behavior, adoption challenges, and market dynamics. By 2017, Lee stepped away from Coinbase to focus entirely on Litecoin, becoming the Managing Director of the Litecoin Foundation—a nonprofit dedicated to advancing the project’s adoption and development. ## **A Philosophy Rooted in “Sound Money”** At the core of Charlie Lee’s vision is a powerful belief: cryptocurrency represents a better form of money. He has consistently advocated for: - Decentralization over central control - Simplicity over complexity - Utility over speculation Lee has often emphasized that true adoption will come when crypto becomes seamless and invisible—where users don’t need to understand blockchain to use it. This philosophy is increasingly relevant today, as the industry shifts toward real-world use cases and mass adoption. ## **Litecoin’s Role in Today’s Market** Despite the rise of newer blockchains, Litecoin continues to hold a strong position in the crypto ecosystem. Why? ### **1. Proven Reliability** Litecoin has operated for over a decade with minimal downtime and strong security. ### **2. High Liquidity** It remains widely traded across exchanges, including platforms like Unocoin. ### **3. Payment Utility** Its speed and low fees still make it one of the most practical cryptocurrencies for transactions. ### **4. Market Resilience** Unlike many short-lived altcoins, Litecoin has survived multiple market cycles—demonstrating long-term relevance. ## **Lessons for Modern Crypto Investors** In today’s market, dominated by memecoins, hype cycles, and rapid innovation, Litecoin offers a different lesson: **simplicity and utility matter.** While newer projects focus on complex ecosystems and narratives, Litecoin’s strength lies in: - Clear purpose - Strong fundamentals - Consistent performance For investors, this highlights the importance of balancing innovation with reliability. ## **The Road Ahead** Charlie Lee believes that in the long run, only a few cryptocurrencies will dominate the market—those that offer real value and usability. He envisions a future where: - Crypto is widely accepted for everyday payments - Transactions are seamless across networks - Users can send one asset and receive another instantly In that future, Litecoin is well-positioned to remain a key transactional layer in the broader crypto economy. ## **Final Thoughts** The story of Litecoin is not just about technology—it’s about vision, discipline, and staying power. Through Charlie Lee’s leadership, Litecoin has maintained its relevance in one of the most competitive industries in the world. For users on Unocoin, Litecoin serves as a reminder that while trends come and go, strong fundamentals and clear purpose endure. In a market chasing the next big thing, Litecoin quietly proves that sometimes, the original ideas still matter the most. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [MicroStrategy’s 2% Bitcoin Thesis: A New Era of Institutional Confidence](https://blog.unocoin.com/microstrategys-2-bitcoin-thesis-a-new-era-of-institutional-confidence/) **Published:** April 17, 2026 **Author:** Unocoin Growth **Content:** In a market often defined by volatility and speculation, a new narrative is quietly reshaping long-term crypto strategy—sustainability through minimal growth. The latest signal comes from MicroStrategy and its Executive Chairman Michael Saylor, who recently revealed a striking insight: the company needs just ~2% annual Bitcoin growth to sustain its financial obligations indefinitely. For investors and traders on platforms like Unocoin, this is more than just a statistic—it’s a glimpse into how institutional players are redefining Bitcoin as a long-term financial engine. ## **The Core Idea: Bitcoin as a Yield-Sustaining Asset** MicroStrategy’s model is built around a simple but powerful concept: hold Bitcoin long-term and let its appreciation fund corporate obligations. With a reserve of over 760,000 BTC, the company has positioned itself as the largest corporate holder of Bitcoin. What makes this strategy unique is its efficiency—according to Saylor, Bitcoin only needs to grow at around 2.05% annually to cover all preferred stock dividends, including high-yield instruments like STRC. This threshold is remarkably low when compared to Bitcoin’s historical performance, which has significantly exceeded that level over multi-year cycles. In essence, MicroStrategy is betting that even modest long-term growth is enough to sustain and expand its balance sheet. ## **Breaking Down the Strategy** At the heart of this approach is a financial metric known as the Breakeven Annual Rate of Return (ARR). This represents the minimum Bitcoin price appreciation required to cover dividend payouts without issuing additional equity. ### **Why This Matters:** - **Reduced dilution risk:** No need to issue new shares if BTC performs above 2% - **Self-sustaining model:** Bitcoin becomes the primary value generator - **Long-term conviction:** Focus shifts from short-term trading to multi-cycle holding MicroStrategy’s preferred stock instruments, offering yields of over 11% annually, are funded in part by capital raised and reinvested into Bitcoin. This creates a feedback loop where capital → Bitcoin → appreciation → dividend coverage. ## **Institutional Signal: Confidence Beyond Volatility** This strategy sends a powerful message to the broader market—Bitcoin is no longer just a speculative asset; it is evolving into a treasury-grade reserve asset. Institutional players are not chasing quick gains. Instead, they are: - Accumulating during corrections - Holding through volatility - Structuring financial products around BTC For retail investors, this shift is critical. It suggests that price dips are increasingly viewed as opportunities, not threats. ## **Technical Perspective: Where Bitcoin Stands Now** From a technical standpoint, Bitcoin remains in a bullish consolidation phase following its 2025 peak. ### **Key Levels:** - **Support:** $65K–$68K - **Resistance:** $75K–$80K - **Trend:** Uptrend intact (higher timeframe) Indicators such as RSI (~50–55) and MACD divergence point toward a balanced market with potential for upward continuation. Importantly, Bitcoin is still trading above key moving averages (50, 100, 200 EMA), reinforcing the idea that the current phase is corrective, not bearish. If BTC breaks above the $80K zone, it could trigger the next major rally phase, potentially revisiting previous highs. ## **What This Means for the Crypto Market** MicroStrategy’s 2% thesis has broader implications for the entire crypto ecosystem: ### **1. Stronger Price Floors** Institutional accumulation creates consistent demand, reducing extreme downside volatility. ### **2. Shift in Market Behaviour** Markets are moving from hype-driven cycles to **liquidity and structure-driven trends**. ### **3. Bitcoin Dominance Continues** As capital flows into BTC, altcoins may see **selective, not broad-based rallies**. ### **4. Long-Term Investing Gains Priority** The focus is shifting toward **holding high-quality assets over multiple cycles**. ## **The Bigger Picture: A Maturing Asset Class** What we’re witnessing is the transformation of Bitcoin into a **core financial asset**, similar to gold or sovereign bonds—but with higher growth potential. This evolution is supported by: - Spot ETF inflows - Corporate treasury adoption - Increasing regulatory clarity - Expanding global liquidity As these factors align, Bitcoin’s role in portfolios is becoming more strategic and less speculative. ## **Final Thoughts** MicroStrategy’s approach highlights a powerful truth: Bitcoin doesn’t need explosive growth to be valuable—it just needs consistent growth. For users on Unocoin, this reinforces a key takeaway—the smartest strategies in crypto today are not about timing the market, but understanding its structure. The 2% growth thesis may sound conservative, but in reality, it represents a paradigm shift. It signals that Bitcoin has matured into an asset capable of supporting real financial systems—not just generating headlines. And in a market known for extremes, that kind of stability could be the most bullish signal of all. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Crypto Bull Run Outlook 2026: Technical Signals, Institutional Flows & What Comes Next](https://blog.unocoin.com/crypto-bull-run-outlook-2026-technical-signals-institutional-flows-what-comes-next/) **Published:** April 15, 2026 **Author:** Unocoin Growth **Content:** As we move deeper into 2026, the crypto market is no longer driven by hype alone—it’s being shaped by structure, liquidity, and institutional conviction. The big question is no longer *“Is the bull run here?”* but rather *“How sustainable is this cycle?”* After a historic 2025, where Bitcoin shattered expectations and institutional inflows surged, 2026 is unfolding as a selective, technically driven market. For traders and investors on platforms like Unocoin, understanding these signals is critical. ## **Bitcoin: Consolidation Before the Next Expansion** Bitcoin remains the backbone of the market, and its structure defines everything else. After reaching an all-time high near $120K+ in 2025, BTC corrected toward the $65K–$70K zone, which now acts as a key accumulation region. ### **Technical Analysis (BTC)** - **Trend:** Bullish (higher timeframe) - **Support Zone:** $65K–$68K - **Resistance Zone:** $75K–$80K - **RSI:** Neutral (~50–55), indicating balanced momentum - **MACD:** Early bullish crossover (sign of recovery) Bitcoin is currently trading above its 50, 100, and 200 EMAs, which signals trend continuation rather than reversal. This suggests the recent dip is a healthy correction, not a cycle top. A breakout above $80K could trigger the next leg toward $100K+ retest, while losing $65K may push BTC into extended consolidation. ## **Institutional Flows: The Real Bull Run Driver** The biggest difference between previous cycles and today is institutional participation. Firms like MicroStrategy continue to accumulate Bitcoin aggressively. Their strategy is simple yet powerful—they only need ~2% annual BTC growth to justify long-term holding. This creates a structural bid in the market, meaning: - Downside is increasingly supported - Supply on exchanges is shrinking - Long-term volatility is stabilizing Spot ETFs, led by giants like BlackRock, have transformed Bitcoin into a **mainstream financial asset**, reinforcing its narrative as *digital gold*. ## **Ethereum & Altcoins: Selective Rotation, Not Full Rally** Ethereum continues to play a crucial role, currently stabilizing above the $2,000 level. ### **Technical Outlook (ETH)** - **Support:** $1,900–$2,000 - **Resistance:** $2,400–$2,600 - **Structure:** Range-bound with bullish bias Ethereum’s growth is now tied to Layer-2 expansion, DeFi maturity, and real-world asset tokenization. However, unlike previous cycles, altcoins are not moving together. ### **Market Insight:** - XRP and Cardano are seeing short bursts of momentum, not sustained rallies - Capital rotation is narrative-driven, not market-wide - The Altcoin Season Index remains below 40 → still Bitcoin Season This means traders should focus on high-conviction setups, not broad exposure. ## **Memecoins: Liquidity Indicators, Not Foundations** Memecoins have once again captured retail attention. While they offer explosive upside, they also signal something deeper—liquidity is returning to the market. These assets: - Thrive during early retail re-entry - Indicate rising risk appetite - Often peak before broader altcoin rallies However, they remain high-risk, sentiment-driven trades, not long-term investments. ## **Market Structure: Why This Cycle Is Different** Unlike previous bull runs driven by speculation, the 2026 cycle is built on: ### **1. Supply Shock** Long-term holders are accumulating, while exchange balances decline—reducing available supply. ### **2. Liquidity Cycles** Macro conditions, especially central bank policies, are influencing crypto flows more than ever. ### **3. Regulatory Clarity** Frameworks across global markets are reducing uncertainty, encouraging institutional entry. ### **4. Technology Maturity** From DeFi to AI integration, blockchain is moving toward **real-world utility**, not just speculation. ## **Litecoin’s Legacy: Simplicity Still Matters** While newer narratives dominate, it’s worth remembering foundational projects like Litecoin. Created by Charlie Lee, Litecoin emphasised speed, low fees, and simplicity—principles that still influence today’s ecosystem. In a market chasing innovation, fundamentals still win in the long term. ## **What to Expect in 2026** The current bull run is not a straight line upward. Instead, expect: - Bitcoin dominance to remain high - Altcoin rallies to be short-lived and narrative-driven - Institutional flows to anchor long-term growth - Volatility to persist in the short term ### **Key Levels to Watch:** - BTC above $80K → bullish continuation - ETH above $2,600 → altcoin momentum trigger - Total market cap above $2.5T → confirmation of expansion phase ## **Final Take** The 2026 crypto market is evolving into a mature financial ecosystem, where capital efficiency, technical structure, and institutional flows matter more than hype. For investors using platforms like Unocoin, this is a cycle that rewards discipline over speculation. The bull run is not over—it’s simply becoming smarter. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Who Is Investing in Bitcoin in India? Demographics, Trends & Key Drivers (2026)](https://blog.unocoin.com/bitcoin-investors-india-demographics-trends/) **Published:** April 13, 2026 **Author:** Unocoin Growth **Content:** ## **Introduction: The Rise of Bitcoin Investors in India** Bitcoin has steadily evolved from a niche digital asset into a widely recognised investment option across India. What was once limited to tech enthusiasts is now attracting students, professionals, and even experienced investors looking to diversify their portfolios. In our previous blog, we explored the fundamental reasons to invest in Bitcoin. This article takes the next step—understanding who is investing in Bitcoin in India and why interest continues to grow. **Key Data Points on Indian Crypto Users:** - **User Base Size:** Estimates range from 93 million to around 119 million active users. - **Global Ranking:** India is often ranked 1st in global cryptocurrency adoption. - **Demographics:** The majority of users are young and tech-savvy, with high adoption among Gen Z and millennials. - **Growth Trends:** The number of users is expected to continue growing, with forecasts suggesting over 120 million users by the end of 2026. - **Key Drivers:** Growing interest in digital assets, inflation hedging, and the rise of SIPs (Systematic Investment Plans). - **Market Concentration:** High adoption is seen in major metropolitan areas such as Delhi, Mumbai, and Bangalore Despite high taxation (30% on income) and regulatory uncertainty, India remains a significant player in the global crypto landscape, ## **Bitcoin Adoption in India: A Growing Market** India has emerged as one of the fastest-growing crypto markets globally. According to a 2023 report by Chainalysis, India ranked among the top countries in global crypto adoption. This growth reflects a broader shift toward digital and alternative investments. Let’s talk about Bitcoin Adoption going further…! ## **Age Demographics: Young India Leading the Way** One of the most defining characteristics of Bitcoin adoption in India is the age distribution of investors. ### **18–24 Years (Students & Early Adopters)** - High curiosity and risk appetite - Early exposure through social media and online content ### **25–34 Years (Young Professionals)** - Largest investor segment - Regular income allows consistent investing - Strong interest in long-term wealth creation ### **35–50 Years (Experienced Investors)** - Focus on diversification - Allocating a smaller portion of the portfolio to Bitcoin ### **50+ Years** - Gradual adoption - Driven by awareness and a long-term store of value narrative **Key Insight:** India’s crypto growth is largely driven by young, tech-savvy investors with a long-term mindset. ## **Geographic Trends: Beyond Metro Cities** Initially concentrated in metro cities like Bengaluru, Mumbai, and Delhi, Bitcoin adoption is now expanding rapidly across Tier 2 and Tier 3 cities. Factors driving this shift: - Increased smartphone penetration - Better internet accessibility - Simplified onboarding on crypto platforms Smaller cities are now contributing significantly to new user growth, indicating that Bitcoin adoption in India is becoming more inclusive and widespread. ## **Income Groups & Investment Behaviour** Bitcoin’s fractional nature allows participation across income levels. ### **Common Investment Patterns:** - **₹500–₹5,000/month:** New investors starting small - **₹10,000–₹50,000:** Regular investors building exposure - **Higher allocations:** Experienced investors diversifying portfolios According to industry insights, many Indian users prefer[ systematic investing](https://blog.unocoin.com/how-to-buy-bitcoin-safely-tips-before-buying-cryptocurrency/) (monthly buying) instead of lump-sum investments. ## **Why Indians Are Investing in Bitcoin** ### **1. Long-Term Wealth Creation Potential** Bitcoin has delivered strong long-term returns over the past decade, making it attractive compared to traditional assets. ### **2. Hedge Against Inflation** With concerns around currency depreciation and inflation, Bitcoin is increasingly seen as a digital alternative to gold. ### **3. Digital-First Investment Mindset** India’s younger population is comfortable with: - Mobile apps - Digital payments - Online investing This naturally extends to crypto adoption. ### **4. Global Investment Exposure** Bitcoin allows Indian investors to participate in a global financial asset, unlike traditional region-bound investments. ### **5. Social Influence & Awareness** - Social media - Peer networks - Online communities These play a major role in spreading awareness and driving initial interest. ## **Behaviour Patterns: From Trading to Long-Term Investing** Earlier, crypto participation in India was largely driven by short-term trading. However, recent trends show a shift toward: - Long-term holding strategies - Systematic investment plans (SBP/SIP-style) - Reduced emotional decision-making This indicates a maturing investor base. ## **Accessibility: The Role of Crypto Platforms** The growth of user-friendly platforms has made Bitcoin investing easier than ever. **Key factors:** - Simple onboarding and KYC - UPI-based deposits - Mobile-first experience Platforms like Unocoin have played a role in making Bitcoin accessible to everyday users. ## **Challenges Faced by Indian Investors** Despite growth, certain challenges remain: - Regulatory uncertainty - Market volatility - Limited financial awareness - Rising crypto scams These factors highlight the importance of education and cautious investing. ## **Changing Mindset: From Hype to Strategy** The Indian crypto market is gradually evolving: **Then:** - Hype-driven decisions - Short-term speculation **Now:** - Research-based investing - Focus on fundamentals - Long-term wealth creation ## **What does this mean for the Future?** India’s Bitcoin adoption is still in its early stages, but the direction is clear: - Increasing participation across demographics - Growing awareness and education - Strong long-term potential India is likely to remain a key contributor to global crypto growth. ## **Tips for New Investors** If you are just getting started: - Start with small amounts - Invest regularly instead of timing the market (Unocoin SBP) - Focus on long-term goals - Avoid emotional decisions - Use trusted platforms Also read: [Top Reasons to Invest in Bitcoin](https://blog.unocoin.com/top-reasons-to-invest-in-bitcoin-2026/) ## **Conclusion: India’s Growing Role in the Bitcoin Economy** Bitcoin adoption in India reflects a broader shift toward digital investing. With a young population, increasing awareness, and improving accessibility, the market continues to evolve. Rather than focusing on short-term price movements, a disciplined and informed approach can help investors navigate this space more effectively. Platforms like Unocoin make it easier to start small, stay consistent, and build exposure over time. # ❓ **FAQs** ### **Who is investing in Bitcoin in India?** Primarily young professionals aged 18–34, followed by experienced investors diversifying portfolios. ### **Why are Indians interested in Bitcoin?** Due to its growth potential, global access, and role as a digital asset. ### **Is Bitcoin popular in India?** Yes, India ranks among the top countries in global crypto adoption. ### **Can I invest small amounts in Bitcoin?** Yes, Bitcoin can be purchased in fractions, making it accessible to all investors. ### **Is Bitcoin legal in India?** Bitcoin is not illegal, but regulations are evolving. Investors should stay updated. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog, Featured --- ### [Update: Unocoin Has No Active Crypto ATMs and No Support for Pi Withdrawals](https://blog.unocoin.com/update-unocoin-has-no-active-crypto-atms-and-no-support-for-pi-withdrawals/) **Published:** April 12, 2026 **Author:** Unocoin Growth **Content:** Recently, a viral post circulating on social media claimed that Unocoin has launched a crypto ATM in Bengaluru and may soon support Pi coin withdrawals. However, this information is misleading and not supported by official sources. [![](https://blog.unocoin.com/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-11-at-11.19.47-AM-e1775990665930-186x300.jpg "WhatsApp Image 20260411 at 111947 AM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-11-at-11.19.47-AM-e1775990665930.jpg) ### **The Reality Behind the Claim** The viral post suggested that users would soon be able to withdraw Pi Network coins through a Unocoin ATM. But Unocoin itself has publicly clarified that: - It has **no association or partnership with Pi Network** - The information about Pi withdrawals is **incorrect** - Users should rely only on official announcements - **Pi Network (Pi coin) is currently *not listed* on Unocoin for buying or selling.** This directly contradicts the claims being spread online. ### **What About Unocoin Crypto ATMs?** Unocoin indeed experimented with a crypto kiosk back in 2018 in Bengaluru. - The machine was installed at Kemp Fort Mall - It allowed users to deposit or withdraw INR for crypto transactions - However, it was more of a kiosk (not a full ATM) - The project faced regulatory scrutiny and did not evolve into a widespread ATM network As of now, there is no verified evidence that Unocoin operates active crypto ATMs in India. ### **No Support for Pi or Other Coin Withdrawals via ATM** Currently: - Unocoin does not support Pi coin withdrawals - There is no ATM-based withdrawal system for Pi or most cryptocurrencies in India - Crypto transactions in India primarily happen through exchanges and digital wallets—not physical ATMs ### **Why Such Misinformation Spreads** Crypto-related rumours often go viral due to: - Lack of official clarity from projects like Pi Network - High expectations around “easy cash-out” features - Misinterpretation of old news (like the 2018 kiosk) ### **Final Verdict** ❌ No active Unocoin crypto ATMs ❌ No Pi Network partnership ❌ No ATM withdrawals for Pi or similar coins ✅ Only rely on official statements from companies like Unocoin ### **Conclusion** The idea of crypto ATMs and Pi withdrawals may sound exciting, but as of now, they remain **unconfirmed and unsupported in India**. Users should stay cautious and avoid believing viral posts without verification. **Categories:** Blog --- ### [The Founders Behind XRP: Visionaries Who Redefined Global Payments](https://blog.unocoin.com/the-founders-behind-xrp-visionaries-who-redefined-global-payments/) **Published:** April 10, 2026 **Author:** Unocoin Growth **Content:** In the evolving world of digital finance, few projects have maintained both relevance and real-world utility like XRP. Designed with a clear purpose—to enable fast, cost-efficient cross-border payments—XRP stands apart from many cryptocurrencies that primarily function as stores of value or speculative assets. At the heart of this innovation lies a group of visionary founders whose combined expertise shaped what is today one of the most influential blockchain ecosystems. ## **The Origins of XRP: A Better Alternative to Bitcoin** XRP was created in 2012 by a team of forward-thinking engineers and entrepreneurs: Jed McCaleb, Arthur Britto, and David Schwartz. Their goal was clear—to build a blockchain infrastructure that addressed the limitations of Bitcoin, particularly its slower transaction speeds and energy-intensive mining process. Unlike Bitcoin, which relies on proof-of-work, the XRP Ledger (XRPL) was designed to be fast, scalable, and energy-efficient. Transactions on XRPL settle in seconds, making it an ideal solution for global financial systems where speed and cost efficiency are critical. Shortly after the initial development, Chris Larsen joined the project. Together, the team co-founded OpenCoin, which later evolved into Ripple—a company focused on bringing institutional adoption to blockchain-powered payments. ## **Meet the Founders: The Minds Behind XRP** ### **Jed McCaleb: The Visionary Architect** [![Jed McCaleb](https://blog.unocoin.com/wp-content/uploads/2026/04/0x0-1024x576.webp "Jed McCaleb | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/0x0.webp)Jed McCalebJed McCaleb is widely regarded as one of the earliest pioneers in the cryptocurrency space. Before XRP, he founded Mt. Gox, one of the first Bitcoin exchanges, and later went on to establish Stellar (XLM). His vision for XRP was rooted in creating a decentralised payment system that could outperform traditional financial rails. McCaleb played a crucial role in conceptualising a network that could handle real-time settlements without relying on energy-heavy mining. ### **Chris Larsen: The Strategic Leader** [![Chris Larsen Co founder Ripple](https://blog.unocoin.com/wp-content/uploads/2026/04/6539664d24792.image_.webp "Chris Larsen Cofounder Ripple | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/6539664d24792.image_.webp)Chris Larsen Co founder of RippleChris Larsen brought business acumen and strategic direction to the project. As a seasoned entrepreneur, he helped position XRP beyond just a cryptocurrency—focusing on institutional adoption and partnerships with financial institutions. Under his leadership, Ripple built strong relationships with banks and payment providers, driving real-world use cases that set XRP apart from many other digital assets. ### **Arthur Britto: The Silent Architect** [![Arthur Britto xrp](https://blog.unocoin.com/wp-content/uploads/2026/04/compress-1ae309c719d38001.webp "Arthur Britto xrp | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/compress-1ae309c719d38001.webp)Arthur BrittoArthur Britto remains one of the most private figures in crypto, yet his contributions are foundational. He was instrumental in designing the XRP Ledger’s architecture, ensuring it could deliver high performance, security, and scalability. ### **David Schwartz: The Technical Genius** [![David Schwartz](https://blog.unocoin.com/wp-content/uploads/2026/04/22fef8b1d66cfe00d3c07fdb2fbefbe3ae5e347e-1600x900-1-1024x576.jpg "David Schwartz | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/22fef8b1d66cfe00d3c07fdb2fbefbe3ae5e347e-1600x900-1.jpg)David Schwartz David Schwartz, often referred to as the “architect of XRPL,” served as the chief cryptographer. His work focused on building a robust consensus mechanism that eliminated the need for mining while maintaining decentralisation and security. ## **The Evolution: From OpenCoin to Ripple** The journey of XRP is deeply tied to the evolution of Ripple as a company. In 2012, the founding team launched the XRP Ledger and allocated a significant portion of XRP to support ecosystem development through OpenCoin. By 2013, the company rebranded to Ripple Labs, signalling a stronger focus on enterprise solutions and global payments infrastructure. However, like many groundbreaking ventures, differences in vision emerged. In 2014, Jed McCaleb departed from Ripple and later founded Stellar, another blockchain network focused on cross-border payments. Despite this split, XRP continued to grow, backed by Ripple’s institutional strategy. ## **XRP vs Ripple: Understanding the Difference** A common misconception in the crypto space is equating XRP with Ripple. In reality, they serve distinct roles: - **XRP** is a decentralised, open-source digital asset that operates on the XRP Ledger - **Ripple** is a private company that builds financial solutions leveraging XRP for liquidity and settlement This distinction is critical for understanding XRP’s position in the market—it is not controlled by Ripple, but rather used as a tool within Ripple’s broader ecosystem. ## **Why XRP Still Matters Today** More than a decade after its creation, XRP remains highly relevant in the global financial landscape. Its core advantages continue to drive adoption: - **Near-instant transaction settlement (3–5 seconds)** - **Extremely low transaction costs** - **Energy-efficient consensus mechanism** - **Strong institutional use cases in cross-border payments** As global finance increasingly moves toward digital infrastructure, XRP’s original vision—to enable seamless, borderless transactions—has become more important than ever. ## **Final Thoughts** The story of XRP is not just about technology—it is about vision, collaboration, and the ambition to redefine how money moves across the world. From the technical brilliance of David Schwartz and Arthur Britto to the entrepreneurial drive of Jed McCaleb and Chris Larsen, XRP was built on a foundation that continues to influence the future of finance. For platforms like Unocoin and the broader crypto ecosystem, XRP represents more than just an asset—it symbolises the transition from legacy financial systems to a faster, more inclusive digital economy. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin Holds Ground Above Key Levels: Technical Outlook for March 2026](https://blog.unocoin.com/bitcoin-holds-ground-above-key-levels-technical-outlook-for-march-2026/) **Published:** April 8, 2026 **Author:** Unocoin Growth **Content:** Bitcoin continues to demonstrate resilience as it navigates a phase of cautious recovery, steadily climbing within a well-defined range. As of mid-March 2026, the market is witnessing a subtle yet important shift—one where price action reflects underlying strength, even as broader sentiment remains hesitant. This divergence between price movement and investor psychology is shaping the current narrative around Bitcoin, making it a critical moment for traders and long-term participants alike. ## **A Steady Climb: Understanding the Current Trend Structure** Bitcoin is currently approaching its **seventh consecutive green daily candle**, a technical signal that points toward sustained upward momentum. While the price action may not appear explosive, it reflects a more controlled and organic recovery—often considered healthier in long-term market cycles. Unlike sharp rallies driven by hype, this gradual uptrend suggests **consistent buying pressure**. Each green candle reinforces the idea that buyers are stepping in at higher levels, indicating growing confidence among market participants. However, it is important to note that this movement is still unfolding within a broader consolidation phase. Bitcoin is not yet in a confirmed breakout scenario but is instead building strength within its existing range. ## **Key Technical Levels Holding Strong** One of the most significant aspects of Bitcoin’s current positioning is its ability to hold above critical support zones. - **200-week EMA:** This long-term indicator is widely regarded as a foundational support level in Bitcoin’s history. Holding above it signals structural strength and long-term bullish alignment. - **$68,300–$69,400 Zone:** This range has emerged as a crucial short-term support band, acting as a buffer against downside volatility. By maintaining these levels, Bitcoin is effectively establishing a **higher base**, which could serve as a launchpad for future upward movement. On the upside, resistance remains clearly defined: - **Immediate Range:** $75,000–$80,000 - **Broader Trading Range:** $65,000–$75,000 This range-bound behavior reflects a market in transition—caught between accumulation and breakout. ## **Market Sentiment: Fear Persists Despite Recovery** Interestingly, while price action has been constructive, market sentiment tells a different story. The Crypto Fear & Greed Index remains in **Extreme Fear territory (16)**. This indicates that a large portion of the market is still cautious, possibly due to recent volatility, macroeconomic concerns, or lingering uncertainty. Historically, such conditions often create **contrarian opportunities**. When fear dominates, it typically means that many participants are sitting on the sidelines—leaving room for upside surprises if confidence begins to return. This mismatch between price strength and emotional sentiment is a key dynamic to watch. It suggests that the current rally may not yet be fully priced in by the broader market. ## **Institutional Confidence: Strong ETF Inflows** Another major driver supporting Bitcoin’s current stability is the return of institutional capital. Over the past five days, **U.S. spot Bitcoin ETFs have recorded approximately $767 million in inflows**, signaling renewed interest from large-scale investors. This trend is particularly important because institutional flows tend to provide: - **Liquidity support during volatile phases** - **Long-term capital commitment** - **Validation of Bitcoin as a strategic asset class** The growing role of ETFs has fundamentally changed Bitcoin’s market structure. Unlike previous cycles dominated by retail speculation, the current environment is increasingly influenced by **institutional allocation strategies**. This shift adds a layer of stability to price movements, even when short-term sentiment remains uncertain. ## **Range-Bound but Building Momentum** At present, Bitcoin continues to operate within a clearly defined structure: - **Primary Range:** $65,000–$75,000 - **Lower Support:** $60,000–$65,000 - **Upper Resistance:** $75,000–$80,000 This range-bound behavior should not be mistaken for weakness. Instead, it reflects a **phase of accumulation**, where both retail and institutional participants are positioning themselves ahead of a potential breakout. For traders, this environment offers opportunities to capitalize on range movements. For long-term investors, it provides a window to accumulate during periods of consolidation. ## **What Comes Next?** The key question now is whether Bitcoin can sustain its momentum and break above the upper resistance zone. A decisive move beyond **$75,000–$80,000** could signal the start of a new bullish phase, potentially attracting sidelined capital and shifting sentiment from fear to optimism. On the other hand, failure to hold current support levels could lead to a retest of the **$60,000–$65,000** zone. However, as long as Bitcoin remains above the 200-week EMA, the broader structure remains intact. ## **Final Takeaway** Bitcoin’s current market behavior highlights a classic setup: **price strength building quietly beneath a layer of market skepticism**. With strong technical support, consistent upward momentum, and increasing institutional participation, the foundation for a larger move appears to be forming. For users and traders on Unocoin, this phase represents a critical period—one where disciplined observation, strategic positioning, and informed decision-making can make a significant difference. As always, in the world of crypto, the market rewards those who prepare ahead of momentum—not those who chase it. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin Edges Up to $67K as Iran War Escalation Remains in Focus – Market Analysis](https://blog.unocoin.com/bitcoin-edges-up-to-67k-as-iran-war-escalation/) **Published:** April 3, 2026 **Author:** Unocoin Growth **Content:** ## **Introduction: Bitcoin Holds Ground Amid Global Uncertainty** Bitcoin is currently holding near the $67,000 level, showing resilience despite rising geopolitical tensions linked to the Iran conflict. Markets are navigating a fragile balance between fear and opportunity. While traditional assets react to global uncertainty, Bitcoin is stabilising—though not without volatility. The tone across markets remains cautious rather than optimistic, as investors closely monitor developments. ## **Bitcoin Price Movement: Why BTC Is Stabilising Near $67K** [![Bitcoin Price Movement](https://blog.unocoin.com/wp-content/uploads/2026/04/Screenshot-2026-04-02-at-5.07.14-PM-1024x544.png "Bitcoin Price Movement | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/Screenshot-2026-04-02-at-5.07.14-PM.png)Bitcoin Price MovementBitcoin’s recent price action reflects a classic volatility cycle: - A sharp drop triggered by geopolitical fear - Followed by a steady recovery as panic eased BTC has been moving within a $63K–$70K range, signalling: - Strong buyer support at lower levels - Selling pressure near higher resistance This kind of behaviour is typical during uncertainty—markets react quickly to news, then stabilise as participants reassess risk. ## **How Iran War Escalation Is Impacting Crypto Markets** When global tensions rise, markets shift between two modes: - **Risk-off:** Investors move to safer assets - **Risk-on:** Investors chase higher returns Right now, escalating tensions tied to the Iran conflict have pushed markets toward risk-off behaviour. Crypto, including Bitcoin, is currently behaving more like a risk asset: - Initial sell-offs during escalation headlines - Increased short-term volatility - Quick sentiment-driven reversals ## **Bitcoin vs Traditional Safe Havens During Conflict** Traditionally, assets like gold, the US dollar, and oil respond predictably during conflict. Bitcoin, however, shows **mixed behaviour**: - **Gold:** Typically rises as a safe haven - **US Dollar:** Strengthens during global uncertainty - **Oil:** Spikes due to supply concerns - **Bitcoin:** Reacts both as a **risk asset and a hedge** This dual nature makes BTC unique—it can **sell off initially** but recover as investors look for **alternative stores of value**. ## **Institutional Activity: Buying the Dip or Staying Cautious?** Institutional behaviour is becoming a key signal in this market phase. Despite volatility: - ETF flows linked to Bitcoin have shown signs of recovery - Large players appear to be accumulating during dips - Long-term capital remains strategic, not reactive This suggests that while retail investors may panic, institutions are often positioning for the long term. ## **Market Volatility: Liquidations and Trader Behaviour** Volatility during geopolitical events is amplified by **leverage**. Key dynamics include: - Mass liquidations during sharp price swings - Traders are getting wiped out due to over-leveraged positions - Increased price spikes in both directions News-driven markets tend to trigger rapid emotional trading, increasing instability in the short term. ## **Broader Crypto Market Reaction** The impact isn’t limited to Bitcoin. Altcoins like Ethereum, XRP, and Solana have shown: - Sharper declines during sell-offs - Slower recovery compared to Bitcoin **This happens because:** - Liquidity flows first into Bitcoin - Altcoins are considered higher-risk assets ## **Key Factors Driving Bitcoin Right Now** Several forces are shaping the current market: - **Geopolitics:** Ongoing tensions linked to the Iran conflict - **Macroeconomics:** Inflation trends and oil price movements - **Institutional Flows:** ETF participation and accumulation - **Market Sentiment:** Fear vs opportunity These factors are creating a complex and reactive environment. ## **Short-Term Outlook: What Traders Are Watching** In the short term, traders are focused on: - Support Zone: Around $63K - Resistance Zone: Near $70K **Possible scenarios:** - Escalation in conflict → Downside pressure - De-escalation → Relief rally and breakout The market remains headline-driven, making short-term predictions highly uncertain. ## **Long-Term Perspective: Noise vs Structural Growth** While short-term volatility dominates headlines, long-term investors take a different view. - Bitcoin operates in multi-year cycles - News events create temporary disruptions - Structural growth is driven by adoption and scarcity For long-term holders, geopolitical events are often seen as noise within a larger trend. ## **Risks to Consider in Current Market Conditions** Investors should remain aware of: - Ongoing geopolitical uncertainty - Sudden sentiment reversals - Overreaction to breaking news These factors can lead to unexpected price swings, especially in leveraged markets. ## **Smart Investor Approach in Volatile Markets** In times like these, discipline matters more than prediction: - Avoid panic buying or panic selling - Focus on long-term consistency - Use systematic investing strategies A structured approach like a Systematic Buying Plan (SBP) can help investors navigate volatility while steadily building exposure to Bitcoin. ## **Conclusion: A Market Balancing Fear and Opportunity** Bitcoin’s ability to hold near $67K highlights underlying strength, even as uncertainty persists. The current environment reflects a market that is: - Resilient—but cautious - Reactive—but not broken While geopolitical tensions create short-term noise, the long-term trajectory of Bitcoin will continue to depend on adoption, liquidity, and global trust in decentralized assets. ## **FAQs** **Why is Bitcoin reacting to war news? Because global uncertainty impacts investor sentiment, leading to risk-off behaviour and short-term volatility. **Is Bitcoin a safe haven during geopolitical crises? It shows mixed behaviour—sometimes acting like a risk asset, sometimes like a hedge. **Will Bitcoin rise if tensions ease? A de-escalation could trigger a relief rally as investor confidence returns. **Should I invest during market uncertainty? It depends on your strategy. Long-term investors often use volatility as an opportunity. **What is the best strategy during volatility? A disciplined, systematic approach—such as gradual investing—helps reduce risk and emotional decision-making. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Top Institutions Holding Bitcoin in 2026: Who Controls the Largest BTC Reserves?](https://blog.unocoin.com/top-institutions-holding-bitcoin-in-2026/) **Published:** April 7, 2026 **Author:** Unocoin Growth **Content:** As Bitcoin matures into a globally recognised financial asset, its ownership landscape has evolved dramatically. What was once dominated by early adopters and retail investors is now increasingly controlled by institutional giants, ETFs, corporations, and even governments. As of early 2026, a significant portion of the 21 million Bitcoin supply is concentrated among a relatively small group of powerful entities. This shift reflects growing institutional confidence in Bitcoin as both a store of value and a strategic treasury asset. ## **The Largest Bitcoin Holders in 2026** ### **Satoshi Nakamoto: The Silent Giant** At the top of the list remains Satoshi Nakamoto, the pseudonymous creator of Bitcoin, holding approximately 1.1 million BTC. These coins, mined in Bitcoin’s earliest days, have remained untouched for over 15 years—making them one of the most fascinating aspects of crypto history. This dormant supply effectively reduces Bitcoin’s circulating liquidity, contributing to its scarcity narrative. ### **BlackRock: Leading Institutional Adoption** BlackRock has emerged as a dominant force through its iShares Bitcoin Trust (IBIT), holding over 765,000 BTC. As the world’s largest asset manager, BlackRock’s involvement represents a major validation of Bitcoin within traditional finance. Its ETF has become a primary gateway for institutional investors seeking regulated exposure to BTC. ### **Strategy (Formerly MicroStrategy): The Bitcoin Treasury Pioneer** MicroStrategy—now rebranded as Strategy—continues its aggressive accumulation strategy with over 714,000 BTC. Under the leadership of Michael Saylor, the company has transformed into a “Bitcoin Treasury Company,” prioritising BTC as its primary reserve asset. This approach has inspired a wave of corporations to rethink treasury management in the digital age. ### **Binance: Exchange Powerhouse** Binance holds approximately 629,000 BTC, largely comprising user funds and custodial assets. As the world’s largest crypto exchange, Binance plays a critical role in liquidity and market infrastructure. Its holdings highlight the continued importance of centralised exchanges in the crypto ecosystem. ### **Fidelity: Institutional-Grade Infrastructure** Fidelity Investments, through its Wise Origin Bitcoin Fund (FBTC), holds over 471,000 BTC. Known for its strong custody solutions, Fidelity has positioned itself as a trusted bridge between traditional finance and digital assets. ### **Governments: The Rise of Sovereign Bitcoin Holdings** The United States Government is now one of the largest holders globally, with approximately 328,000 BTC, primarily acquired through law enforcement seizures. In a notable shift, the U.S. has begun retaining Bitcoin instead of auctioning it, signalling a long-term strategic outlook. Other governments also hold significant reserves: - China (~194,000 BTC) - United Kingdom (~61,000 BTC) - El Salvador (~7,600 BTC), the first nation to adopt Bitcoin as legal tender ### **Other Major Institutional Players** - Tether (~96,000 BTC): Diversifying reserves beyond stablecoins - Block. one (~164,000 BTC): Early large-scale accumulation from ICO proceeds - Grayscale Investments (~218,000 BTC): Despite ETF conversion outflows, still a major holder - Marathon Digital Holdings (~53,000 BTC): Retaining mined BTC as part of long-term strategy ## **Key Trends Shaping Bitcoin Ownership in 2026** ### **1. The ETF Revolution** Spot Bitcoin ETFs have fundamentally reshaped the market. Firms like BlackRock and Fidelity now control a significant portion of BTC supply, offering regulated access to institutional and retail investors alike. This has: - Increased liquidity - Reduced volatility over time - Strengthened Bitcoin’s legitimacy as an asset class ### **2. Corporate Treasury Transformation (“Treasury 2.0”)** Companies are increasingly adopting Bitcoin as a **strategic reserve asset**. Inspired by Strategy’s success, firms are now: - Allocating balance sheet capital to BTC - Retaining mined Bitcoin instead of selling - Using BTC as a hedge against inflation and currency depreciation A notable example is Japan-based Metaplanet, often referred to as “Asia’s MicroStrategy.” ### **3. Government Accumulation: From Sellers to Holders** Governments are no longer just liquidators of seized Bitcoin—they are becoming long-term holders. This shift reflects: - Recognition of Bitcoin’s strategic value - A move toward digital asset reserves - Increasing integration of crypto into national financial strategies ### **4. Custody Concentration** Coinbase plays a pivotal role as a custodian, holding a large share of ETF-backed Bitcoin. This concentration highlights the importance of secure infrastructure in supporting institutional adoption. ## **What This Means for the Market** The concentration of Bitcoin among institutions, corporations, and governments marks a new phase in its evolution. While decentralisation remains a core principle, ownership dynamics are shifting toward entities with long-term investment horizons. This has several implications: - **Reduced circulating supply**, potentially driving price appreciation - **Greater market stability**, due to institutional capital - **Increased legitimacy**, attracting new participants At the same time, it raises important discussions around custody, control, and the balance between decentralisation and institutional involvement. ## **Final Thoughts** Bitcoin in 2026 is no longer just a retail-driven asset—it is a strategic financial instrument held by some of the world’s most powerful institutions. For users on Unocoin, this transformation signals a critical opportunity. As institutional adoption accelerates and supply becomes increasingly constrained, understanding these ownership trends can provide valuable insights into Bitcoin’s long-term trajectory. In a market where supply is fixed, and demand continues to grow, one thing remains clear: those who understand the structure of ownership are better positioned to navigate the future of Bitcoin. **Categories:** Blog --- ### [Will Dogecoin Remove a Zero This Week? & Shiba Inu’s Volatility Compression – Crypto Market Review](https://blog.unocoin.com/will-dogecoin-remove-a-zero-this-week-shiba-inus-volatility-compression-crypto-market-review/) **Published:** April 1, 2026 **Author:** Unocoin Growth **Content:** ## **Introduction: Current State of the Crypto Market** The crypto market is entering a decisive phase, where momentum is building—but conviction is still forming. After a strong push led by Bitcoin, altcoins are showing selective strength, with meme coins like Dogecoin and Shiba Inu once again capturing investor attention. Volatility has cooled across many assets, creating a setup where big moves often follow quiet phases. For traders and investors alike, this is a market that demands patience, discipline, and timing. ## **Dogecoin Price Outlook: Can DOGE Remove a Zero This Week?** In crypto terms, “removing a zero” is more than just a number—it’s a psychological milestone. For Dogecoin, this could mean moving from levels like ₹0.08 to ₹0.10 (or equivalent globally), triggering renewed retail excitement. [![DOGE Daily MACD](https://blog.unocoin.com/wp-content/uploads/2026/04/Screenshot-2026-04-02-at-4.59.33-PM-1024x524.png "DOGE Daily MACD | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/04/Screenshot-2026-04-02-at-4.59.33-PM.png)DOGE Daily MACDCurrently, Dogecoin is: - Trading near key resistance zones - Showing gradual upward momentum - Backed by one of the strongest communities in crypto However, for DOGE to remove a zero *this week*, it would require: - A sharp surge in trading volume - A decisive breakout above resistance - Continued retail-driven momentum Without these, the price may continue to consolidate within a range, rather than move aggressively upward. ## **What Could Drive Dogecoin’s Next Move** Dogecoin remains one of the most sentiment-driven assets in the market. Its next move will likely depend on: - **Trading Volume:** Breakouts need strong participation - **Social Sentiment:** Viral narratives can accelerate rallies - **Bitcoin Influence:** When Bitcoin moves, DOGE often follows - **Retail Participation:** A key driver of sudden spikes Reality Check: While short-term spikes are common, sustained rallies require broader market support, not just hype. ## **Shiba Inu: Understanding Volatility Compression** Shiba Inu is currently in a phase known as volatility compression—where price moves within a tight, narrowing range. This typically indicates: - A temporary balance between buyers and sellers - Reduced market noise - Energy building for a significant move Historically, such phases are followed by sharp breakouts or breakdowns, making this a critical moment for traders watching SHIB. ## **What Could Trigger SHIB’s Next Breakout** Several catalysts could determine Shiba Inu’s next direction: - **Volume Expansion:** A breakout needs strong confirmation - **Ecosystem Developments:** Growth in Shibarium and utility - **Market-Wide Momentum:** Altcoin rallies often lift SHIB - **Breakout Risks:** False signals are common in low-volatility phases The key is not predicting the move—but waiting for confirmation before acting. ## **Market Comparison: Meme Coins** **Factor****Dogecoin (DOGE)****Shiba Inu (SHIB)**Core DriverCommunity & hypeEcosystem + narrativeVolatilityHighModerate–HighUse CaseLimitedExpandingRisk LevelVery HighHighWhile both are meme coins, their evolution is different: - DOGE thrives on momentum and culture - SHIB is gradually building utility alongside hype ## **Broader Market Influence: Bitcoin & Altcoin Momentum** Bitcoin remains the anchor of the crypto market. - When BTC rallies → confidence spreads → altcoins rise - When BTC stabilizes → capital rotates into high-risk assets like meme coins - When BTC drops → altcoins typically fall harder This interplay defines short-term price action for DOGE and SHIB. ## **Short-Term vs Long-Term Investment Perspective** There are two distinct approaches in this market: - **Short-Term Trading:** Focused on momentum, volatility, and timing - **Long-Term Investing:** Focused on allocation, fundamentals, and patience Meme coins can deliver quick gains—but they also carry outsized risk, especially for undisciplined traders chasing hype. ## **Risks to Consider in Current Market Conditions** - Sudden price reversals - Over-leveraged positions getting liquidated - Rapid sentiment shifts driven by social media or news In meme coins, these risks are amplified due to speculative behavior. ## **Smart Approach for Investors** In volatile markets, strategy matters more than prediction: - **Diversify your portfolio** beyond meme coins - **Avoid emotional decisions** driven by hype - **Adopt systematic investing** instead of lump-sum speculation A disciplined approach—like a Systematic Buying Plan (SBP)—helps investors navigate volatility while building long-term exposure. ## **Conclusion: What Should Investors Watch Next** The coming days will be critical: - Dogecoin’s ability to break resistance with strong volume - Shiba Inu’s direction after volatility compression - Bitcoin’s overall market trend Both DOGE and SHIB present opportunity—but also uncertainty. The key is not predicting perfectly, but responding intelligently with a clear strategy. ## **FAQs** **Can Dogecoin reach ₹1 soon? It’s possible over the long term, but unlikely in the immediate future without strong and sustained market momentum. **What is volatility compression in crypto? It refers to a phase where price moves in a tight range, often preceding a major breakout or breakdown. **Is Shiba Inu likely to surge? SHIB could see a strong move after consolidation, but the direction depends on volume and overall market sentiment. **Which crypto is best for short-term trading? High-volatility assets like Dogecoin and Shiba Inu are popular for short-term trading—but they come with higher risk compared to assets like Bitcoin. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Founder of Polygon Ex-Matic: The Story of India’s Global Blockchain Success](https://blog.unocoin.com/founder-of-polygon-ex-matic-the-story-of-indias-global-blockchain-success/) **Published:** March 27, 2026 **Author:** Unocoin Growth **Content:** In the rapidly evolving world of blockchain, few success stories are as inspiring—and impactful—as Polygon. What began in 2017 as a modest project called Matic Network has grown into one of the most influential blockchain infrastructure platforms globally, solving some of the biggest challenges faced by decentralised ecosystems. At its core, Polygon is not just a technology platform—it’s a testament to **Indian innovation shaping the future of global finance**. ## **The Founders Behind Polygon’s Rise** Polygon was founded by a group of visionary Indian entrepreneurs who identified a critical gap in blockchain usability during the early days of crypto adoption. - Sandeep Nailwal – The driving force behind operations and growth - Jaynti Kanani – The technical architect and former CEO - Anurag Arjun – Focused on product and ecosystem development - Mihailo Bjelic – Later joined to strengthen global expansion Together, they shared a common vision: to make blockchain accessible, scalable, and practical for real-world use. ## **The Origin: Solving Ethereum’s Biggest Pain Points** Back in 2017, during the peak of the crypto bull run, Ethereum was already the leading smart contract platform. However, it faced two major issues: - **High transaction fees (gas fees)** - **Network congestion leading to slow processing times** For developers and users alike, this created friction. Building decentralized applications (dApps) was expensive and inefficient. This is where Polygon—then Matic Network—stepped in. Launched from Mumbai, the project aimed to **scale Ethereum without compromising its security or decentralization**. It introduced Layer 2 solutions that processed transactions off-chain, significantly reducing costs and improving speed. ## **The Mission: Building Ethereum’s Internet of Blockchains** From day one, the ambition behind Polygon was much larger than just scaling a single chain. The team envisioned creating an **“Internet of Blockchains” for Ethereum**—a framework where multiple blockchain networks could interoperate seamlessly while benefiting from Ethereum’s robust security. This meant: - Developers could build scalable applications without worrying about high fees - Users could experience faster and cheaper transactions - The ecosystem could grow without hitting performance bottlenecks This vision positioned Polygon not just as a solution—but as **a foundational layer for Web3 infrastructure**. ## **Evolution: From Matic Network to Polygon** As the project matured, its scope expanded significantly. The rebranding from Matic Network to Polygon marked a strategic shift—from a single scaling solution to a **multi-faceted blockchain ecosystem**. ### **From Plasma to Advanced Scaling** Initially, Polygon focused on Plasma-based scaling solutions. However, as technology evolved, so did its approach. Today, Polygon offers: - **Proof-of-Stake (PoS) chains** for efficient scaling - **Zero-Knowledge (ZK) rollups** for enhanced privacy and performance - **Aggregation layers** that connect multiple blockchains seamlessly This transformation has made Polygon one of the most **comprehensive scaling ecosystems in the crypto industry**. ## **Global Growth and Adoption** Polygon’s impact is no longer limited to solving technical challenges—it has become a **global blockchain powerhouse**. - Thousands of decentralized applications now run on Polygon - Major global brands and Web3 projects have integrated with its network - It has significantly reduced the barrier to entry for developers worldwide What sets Polygon apart is its ability to **bridge the gap between innovation and usability**—a rare combination in the blockchain space. ## **Why Polygon Matters for the Future of Crypto** As blockchain adoption accelerates, scalability is no longer optional—it’s essential. Platforms like Polygon play a crucial role in ensuring that decentralized technologies can handle real-world demand. Its continued focus on: - **Lowering transaction costs** - **Improving user experience** - **Expanding interoperability** makes it a key player in shaping the next phase of Web3 evolution. ## **The Indian Edge in a Global Industry** Polygon’s journey is also a powerful reminder of India’s growing influence in the global crypto ecosystem. From a Mumbai-based startup to a globally recognized platform, it highlights how **local innovation can create worldwide impact**. For Indian investors and enthusiasts, this story carries an added significance—it demonstrates that the future of blockchain is not just being adopted in India, but also **built in India**. ## **Bringing It All Together with Unocoin** As interest in projects like Polygon continues to grow, platforms like Unocoin make it easier for Indian users to participate in the broader crypto ecosystem. With: - Seamless INR-based access - User-friendly investment tools - A focus on long-term adoption Unocoin enables users to explore and invest in the technologies shaping the future of finance. ## **Final Thoughts** From addressing Ethereum’s limitations to building a global blockchain infrastructure, Polygon’s journey is a story of vision, execution, and relentless innovation. Led by pioneers like Sandeep Nailwal and his co-founders, it has redefined what’s possible in blockchain scalability. As the industry continues to evolve, one thing is clear: Polygon isn’t just part of the future—it’s helping build it. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin vs Gold in 2026: Growth Meets Stability in a Changing Investment Landscape](https://blog.unocoin.com/bitcoin-vs-gold-in-2026-growth-meets-stability-in-a-changing-investment-landscape/) **Published:** March 25, 2026 **Author:** Unocoin Growth **Content:** In 2026, the debate between Bitcoin and Gold is more relevant than ever. Investors across the globe—and especially in India—are asking a critical question: Should you prioritize growth or stability? The answer isn’t as binary as it once was. Today, both assets serve distinct roles in a modern portfolio, and understanding how they complement each other can define long-term financial success. ## **Bitcoin in 2026: The High-Growth Digital Asset** Bitcoin has evolved far beyond its early perception as a speculative instrument. In 2026, it is increasingly viewed as a digital reserve asset, gaining credibility among institutions and long-term investors. Several factors are driving Bitcoin’s growth narrative: ### **Institutional Adoption & ETFs** The rise of Bitcoin ETFs and increasing participation from global financial institutions have added a new layer of legitimacy. This influx of capital is not only improving liquidity but also stabilizing long-term demand. ### **Scarcity & Supply Dynamics** With a fixed supply of 21 million coins, Bitcoin’s scarcity continues to make it attractive in an era of monetary expansion and currency devaluation. ### **“Spring-Loaded” Upside** Unlike traditional assets, Bitcoin often moves in cycles. After consolidation phases, it has historically shown the ability to surge rapidly. Many investors in 2026 view it as a “buy the dip” opportunity, positioning themselves for the next upward breakout. However, this growth comes with volatility. - Price swings of 5–10% in short periods are common - Market sentiment and macroeconomic events can trigger sharp corrections For investors, Bitcoin represents high risk, high reward—a powerful tool for wealth creation, but one that requires conviction and patience. ## **Gold in 2026: The Timeless Safe Haven** While Bitcoin captures headlines, Gold continues to play a critical role as a defensive asset. For centuries, Gold has acted as a store of value during uncertainty—and 2026 is no different. ### **Stability in Volatile Times** Gold thrives during geopolitical tensions, inflationary pressure, and economic instability. When markets become unpredictable, investors instinctively move toward gold as a “safe bunker.” ### **Inflation Hedge** As global economies navigate debt and currency fluctuations, gold remains a trusted hedge against inflation, preserving purchasing power over time. ### **Consistent Performance** Leading into 2026, gold has already delivered strong returns, reinforcing its reputation as a steady and reliable asset. Unlike Bitcoin, gold does not aim for explosive growth. Instead, it offers: - Lower volatility - Predictable long-term value retention - Protection during market downturns In simple terms, gold is about capital preservation, not aggressive expansion. ## **Bitcoin vs Gold: Key Differences in 2026** **Factor****Bitcoin****Gold**RoleGrowth AssetStability AssetRisk LevelHighLowReturn PotentialVery HighModerateVolatilitySignificantLowMarket BehaviorCyclical & sentiment-drivenDefensive & steadyThis contrast highlights a crucial insight: Bitcoin and Gold are not competitors—they are complements. ## **The Smart Investor Strategy: Balance, Not Bias** In 2026, the most effective approach isn’t choosing between Bitcoin and Gold—it’s combining them strategically. ### **Why a Balanced Portfolio Works** - **Gold acts as your foundation**, protecting your wealth during uncertain times - **Bitcoin adds upside potential**, helping you grow your portfolio aggressively This dual approach allows investors to: - Reduce overall portfolio risk - Capture growth opportunities - Stay resilient during market volatility For example: - During market downturns → Gold stabilizes your portfolio - During bull runs → Bitcoin drives significant gains This balance is especially relevant in today’s unpredictable macro environment, where both inflation concerns and technological adoption are shaping financial markets. ## **The Indian Investor Perspective** For Indian investors, this strategy becomes even more practical with platforms like Unocoin. Unocoin simplifies access to Bitcoin by offering: - Seamless INR-based trading - Low-cost entry into crypto markets - Tools like Systematic Buying Plan (SBP) for disciplined investing This makes it easier than ever to integrate Bitcoin into a traditional portfolio that already includes gold—whether physical or digital. ## **Final Verdict: Growth + Stability is the Winning Formula** The 2026 investment landscape is not about extremes—it’s about balance. - Bitcoin represents the future of finance, offering unmatched growth potential - Gold remains the anchor of stability, protecting wealth in uncertain times Together, they create a portfolio that is both resilient and forward-looking. For investors willing to think beyond traditional boundaries, the opportunity is clear: Build a strategy where gold protects—and Bitcoin grows. And with platforms like Unocoin making crypto investing more accessible and cost-efficient, achieving this balance has never been easier. In 2026, the smartest move isn’t choosing one—it’s owning both. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Why Unocoin Beats High-Fee Crypto Platforms in India](https://blog.unocoin.com/why-unocoin-beats-high-fee-crypto-platforms-in-india/) **Published:** March 24, 2026 **Author:** Unocoin Growth **Content:** In crypto investing, what you don’t pay often matters more than what you earn. While most platforms focus on flashy features, hidden costs like trading fees, withdrawal charges, and currency conversion quietly eat into your profits. That’s where Unocoin stands apart—built from the ground up to deliver low-cost, efficient, and investor-first crypto access in India. This isn’t just another exchange. It’s a platform engineered to help you keep more of what you invest. ## **The Real Problem: High Fees Are Killing Investor Returns** Most crypto platforms today follow a familiar pattern—charge high trading fees, add withdrawal costs, and layer on hidden spreads. For active traders or even long-term investors, these costs compound over time. - Frequent traders lose a percentage on every trade - Long-term holders pay unnecessary withdrawal fees - INR users face indirect forex charges on global platforms The result? Your net returns shrink, even when the market performs well. ## **Unocoin’s Fee Advantage: Built for Smart Investors** Unocoin flips this model entirely by focusing on **cost efficiency without compromising performance**. ### **1. Low Trading Fees That Start Small—and Can Hit Zero** Unocoin offers **highly competitive trading fees**, designed to reward active participation. More importantly: - **Fees start low** compared to many global exchanges - **High-volume traders benefit the most** - **Maker orders (limit orders) can go down to zero fees** This means if you’re placing strategic trades rather than impulsive market orders, you can potentially trade **without paying fees at all**. That’s not just savings—it’s a structural advantage. ### **2. Zero-Fee BTC Withdrawals with Smart Batching** One of the most overlooked costs in crypto is withdrawal fees—especially for Bitcoin. Most platforms charge a fixed fee for instant withdrawals, which can fluctuate based on network congestion. Unocoin solves this intelligently. - **Batch processing technology** groups transactions together - This allows users to **withdraw BTC with zero fees** - You avoid unnecessary network charges without sacrificing reliability For long-term holders and frequent movers, this is a game-changer in cost optimisation. ### **3. Direct INR-to-Crypto Trading: No Hidden Forex Costs** Unlike global exchanges that require USD or USDT conversions, Unocoin offers **direct INR-based trading pairs**. Why this matters: - No double conversion losses - No forex-related hidden fees - Faster, simpler transactions for Indian users This makes Unocoin one of the most localised and cost-efficient platforms for Indian investors entering crypto markets. ## **Smarter Investing with Systematic Buying Plan (SBP)** Crypto markets are volatile—but smart strategies reduce risk. That’s where Unocoin’s Systematic Buying Plan (SBP) comes in. SBP allows you to: - Invest fixed amounts at regular intervals - Automatically average out your buying price - Avoid emotional, timing-based decisions Instead of chasing highs or fearing dips, you build your portfolio consistently and intelligently. This approach is especially powerful for: - First-time investors - Long-term Bitcoin accumulators - Users looking to reduce volatility risk ## **Built for Scale: Trusted by 2.3 Million+ Users** Cost efficiency means nothing without trust. Unocoin has built a strong reputation with: - **Over 2.3 million users in India** - Robust platform infrastructure - Strong security protocols to safeguard assets From onboarding to execution, the platform is designed to handle both new investors and high-volume traders seamlessly. ## **The Bottom Line: Keep More, Grow More** Crypto investing isn’t just about picking the right asset—it’s about choosing the right platform. With: - **Low to zero trading fees** - **Zero-fee BTC withdrawals** - **INR-first ecosystem** - **Automated investing via SBP** Unocoin positions itself as one of the most cost-efficient and investor-friendly crypto exchanges in India today. ## **Final Thought** In a market where every percentage counts, reducing friction is the smartest move you can make. High-fee platforms take a cut from your growth—Unocoin helps you retain it. If you’re serious about building wealth in crypto, the choice is simple: Trade smarter. Pay less. Grow more—with Unocoin. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Story Behind Ethereum: Vitalik Buterin’s Vision That Changed Blockchain](https://blog.unocoin.com/vitalik-buterins-vision-that-changed-blockchain/) **Published:** March 20, 2026 **Author:** Unocoin Growth **Content:** The world of cryptocurrency has witnessed many innovations over the past decade, but few have had the transformative impact of Ethereum. Today, Ethereum stands as the second-largest cryptocurrency in the world and the backbone of thousands of decentralised applications. But the journey of Ethereum began with a bold idea from a young programmer who believed blockchain could do far more than power digital money. That visionary was Vitalik Buterin, a programmer and crypto enthusiast who helped redefine what blockchain technology could achieve. ## **The Early Vision of Vitalik Buterin** Before Ethereum existed, the cryptocurrency landscape was largely dominated by Bitcoin, which introduced the concept of decentralized digital money. While Bitcoin proved that blockchain technology could securely move value without intermediaries, Vitalik believed the technology had far greater potential. In 2013, at just 19 years old, Vitalik published the Ethereum whitepaper, outlining a new type of blockchain platform that could run programmable applications. Instead of simply sending digital currency from one person to another, this platform would allow developers to create smart contracts—self-executing programs that run automatically when certain conditions are met. This idea would later become the foundation for what we now know as decentralized applications, or dApps. ## **The Team Behind Ethereum** Although Vitalik Buterin is widely recognized as the founder of Ethereum, the project was built with the help of several other influential figures in the early blockchain community. Some of the key contributors included: - **Gavin Wood**, a computer scientist who later created the Solidity programming language used to write Ethereum smart contracts. - **Joseph Lubin**, who played a major role in supporting the ecosystem and later founded the blockchain company ConsenSys. - **Anthony Di Iorio**, an early supporter who helped fund the project during its formative stage. - **Charles Hoskinson**, who contributed during Ethereum’s early organisational development. Together, this group helped transform Vitalik’s concept into a fully functional blockchain platform capable of running decentralised software. ## **Ethereum’s Early Days** Ethereum officially launched in July 2015, introducing a completely new framework for blockchain innovation. Unlike traditional blockchains that were primarily used for financial transactions, Ethereum allowed developers to build applications directly on its network. This breakthrough quickly attracted developers and entrepreneurs who saw the potential to create decentralized services across industries such as finance, gaming, digital art, and identity verification. Soon after its launch, Ethereum began gaining traction as developers built innovative applications on top of the network. This led to the emergence of new sectors within the crypto ecosystem, including decentralised finance (DeFi) and non-fungible tokens (NFTs). Ethereum effectively became the **foundation of Web3**, a decentralised vision of the internet where users have greater control over their digital assets and data. ## **The Rise of Ethereum’s Global Ecosystem** Over the years, Ethereum has evolved into one of the most active blockchain networks in the world. Thousands of projects now rely on its infrastructure to power their platforms. From decentralised lending platforms and blockchain-based games to digital art marketplaces and tokenised assets, Ethereum has played a central role in expanding the possibilities of blockchain technology. The platform has also undergone significant upgrades aimed at improving efficiency and scalability. One of the most notable changes was Ethereum’s transition to a **proof-of-stake** consensus model, which dramatically reduced the network’s energy consumption while strengthening security. These developments continue to attract developers and investors who see Ethereum as a long-term cornerstone of the digital economy. ## **Ethereum for Traders and Investors** As Ethereum’s ecosystem expanded, its native cryptocurrency, **ETH**, became one of the most widely traded digital assets in the world. For many investors, Ethereum represents more than just a cryptocurrency—it is a gateway to the broader blockchain economy. Because ETH is required to power transactions and smart contracts on the network, demand for the asset often grows alongside the ecosystem itself. Today, Ethereum remains one of the most important assets in the crypto market and continues to play a crucial role in shaping the future of decentralised technology. ## **Trading Ethereum on Unocoin** For users looking to participate in the Ethereum ecosystem, \*\*Unocoin provides a simple and secure platform to buy, sell, and trade ETH. Ethereum has been available for trading on Unocoin for a long time, allowing users to easily access one of the most influential cryptocurrencies in the market. Through the platform, investors can manage their digital assets conveniently while exploring opportunities in the rapidly growing crypto space. With Ethereum continuing to drive innovation across the blockchain industry, access to ETH trading provides users with an opportunity to be part of a technology that is shaping the future of finance and the internet. ## **A Legacy of Innovation** From a whitepaper written by a young programmer to a global ecosystem supporting thousands of decentralised applications, Ethereum’s journey reflects the power of innovation within the crypto industry. Thanks to the vision of Vitalik Buterin and the early contributors who helped bring the project to life, Ethereum has grown into a foundational pillar of blockchain technology—one that continues to influence the evolution of the digital world. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin Breaks Above $74,000: Momentum Returns to the Crypto Market](https://blog.unocoin.com/bitcoin-breaks-above-74000/) **Published:** March 18, 2026 **Author:** Unocoin Growth **Content:** The cryptocurrency market is witnessing renewed excitement as Bitcoin has surged past the $74,000 mark, reaching its highest level in nearly seven weeks. The move represents a strong recovery for the world’s largest digital asset after briefly dipping below $64,000 earlier this month. This sharp rebound has reignited bullish sentiment across the crypto market and once again placed Bitcoin at the center of global investor attention. The latest price movement reflects growing confidence among institutional investors, improving macroeconomic sentiment, and strong technical momentum that has pushed the market into a “risk-on” phase. While volatility remains a defining feature of the crypto landscape, the recent surge signals that Bitcoin’s long-term growth narrative continues to gain traction. ## **Institutional Capital Driving the Rally** One of the most important catalysts behind Bitcoin’s recent surge has been the significant inflow of institutional money into the market. Over a three-day period in mid-March 2026, U.S. spot Bitcoin exchange-traded funds (ETFs) collectively attracted more than $1.1 billion in fresh capital. These inflows marked a clear reversal from the brief period of outflows seen earlier in the month. Institutional demand through ETFs has become a powerful force in shaping Bitcoin’s price movements. Unlike retail investors who often react to short-term price swings, institutional investors tend to take longer-term positions based on broader macroeconomic and strategic considerations. The renewed demand suggests that large investors continue to see Bitcoin as a compelling asset in diversified portfolios, particularly as global financial conditions evolve. ## **Short Squeeze Accelerates Price Momentum** Another factor that amplified Bitcoin’s rapid climb toward $74,000 was a market phenomenon known as a short squeeze. In the days leading up to the rally, many traders had placed leveraged bets expecting Bitcoin’s price to fall. However, as the price began to move upward, those bearish positions were forced to close, triggering automatic buy orders. This chain reaction pushed prices even higher, as traders scrambled to exit losing positions. The resulting wave of liquidations added fuel to the rally and helped accelerate Bitcoin’s move toward new short-term highs. Short squeezes are not uncommon in the crypto market, where leveraged trading is widely used. When they occur during periods of strong demand, they can significantly amplify price movements within a short timeframe. ## **Technical Breakout Signals Strength** From a technical perspective, Bitcoin’s recent performance has also sent a bullish signal to market participants. The cryptocurrency successfully closed above its 50-day moving average, a key technical indicator widely used by traders to assess market trends. Breaking above this level is often interpreted as a sign that bullish momentum is returning after a period of consolidation. However, Bitcoin now faces a critical test. Analysts are closely watching the $75,000 to $80,000 range, which is considered a major resistance zone. Historically, such price levels tend to attract profit-taking from traders and long-term holders. If Bitcoin manages to break through this barrier with strong volume, it could open the door for another leg higher and potentially set the stage for new all-time highs later in the year. ## **Regulatory Developments Boost Confidence** Beyond market dynamics and technical signals, regulatory developments are also contributing to the improved investor outlook. Market participants are paying close attention to discussions surrounding the proposed \*\*Digital Asset Market Structure and Investor Protection Act (Clarity Act) in the United States. The bill aims to establish clearer guidelines on how digital assets should be classified and regulated. Greater regulatory clarity is widely viewed as a positive step for the crypto industry. Clear rules can reduce uncertainty for institutional investors, encourage innovation, and support broader adoption of digital assets. In addition, increased cooperation between regulators such as the \*\*U.S. Securities and Exchange Commission and the \*\*Commodity Futures Trading Commission could create a more transparent regulatory environment for cryptocurrency markets. For investors, these developments signal a gradual shift toward a more structured and mature digital asset ecosystem. ## **Market Sentiment: Bullish but Cautious** Despite the strong rally, market analysts remain divided on what comes next for Bitcoin. Some believe the recent breakout represents the early stages of a longer-term bullish cycle that could eventually lead to new record highs. From this perspective, the current price action may be part of a broader accumulation phase before the next major market expansion. Others, however, are urging caution. They argue that the current move could represent a “relief rally” following a recent correction rather than the start of a sustained uptrend. In the short term, traders are closely monitoring the $70,000 to $74,000 range, which has become an important battleground between buyers and sellers. Holding above this level could strengthen the bullish case and encourage further upside momentum. On the downside, analysts believe that if the market experiences a pullback, strong support could emerge around the $65,000 level, where long-term investors may step in to accumulate. ## **The Bigger Picture** Regardless of short-term fluctuations, Bitcoin’s latest rally highlights the growing maturity of the cryptocurrency market. Institutional participation, evolving regulations, and expanding use cases are gradually transforming Bitcoin from a niche digital experiment into a globally recognized financial asset. As the market continues to evolve, investors are increasingly looking beyond daily price movements and focusing on the broader adoption trends shaping the future of digital finance. For now, Bitcoin’s push above $74,000 serves as another reminder of the asset’s resilience — and the powerful forces that continue to drive the crypto market forward. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Crypto Market Adds Over $100 Billion in Hours: What’s Powering the Latest Rally?](https://blog.unocoin.com/crypto-market-adds-over-100-billion-in-hours/) **Published:** March 17, 2026 **Author:** Unocoin Growth **Content:** The cryptocurrency market has once again captured global attention after a powerful surge that added more than $100 billion to the total market capitalization in less than 15 hours. Between March 13 and March 16, 2026, the total value of the crypto market jumped from roughly $2.39 trillion to nearly $2.5 trillion, signaling a strong wave of bullish momentum returning to digital assets. During this rally, Bitcoin briefly surged toward the $74,300 level, while Ethereum also posted impressive gains, reigniting optimism among investors. The rapid upward movement wasn’t driven by a single catalyst; instead, it was the result of several powerful forces aligning simultaneously — from institutional capital inflows to macroeconomic developments and technical market triggers. Here’s a closer look at the key drivers behind the latest crypto market surge. ## **Institutional Money Returns Through ETFs** One of the most significant factors behind the rally has been the renewed inflow of institutional capital into crypto markets, particularly through exchange-traded funds (ETFs). After experiencing a brief period of outflows earlier this month, U.S.-listed spot Bitcoin ETFs saw a strong reversal, attracting over $767 million in net inflows between March 9 and March 13. This sudden increase in institutional demand indicates that large investors are once again accumulating digital assets at scale. Institutional participation has long been viewed as a major pillar for sustained market growth. Unlike retail-driven rallies that can be short-lived, institutional inflows often reflect long-term strategic positioning. Interest has also expanded beyond Bitcoin. Spot ETFs linked to Ethereum recorded more than $160 million in inflows, signaling growing confidence in the broader blockchain ecosystem. Meanwhile, emerging investment products tied to \*\*Solana have also begun attracting attention from professional investors, suggesting diversification within institutional portfolios. On-chain data further supports this narrative, showing that long-term holders and large wallets have been steadily increasing their positions, reinforcing the idea that the rally is backed by strong capital rather than short-term speculation. ## **Macroeconomic Signals Boost Risk Appetite** Global economic developments have also played a crucial role in supporting the recent market rebound. A key driver was the latest reading of the U.S. Personal Consumption Expenditures (PCE) Price Index, the preferred inflation gauge of the Federal Reserve. The index came in at approximately 2.8%, slightly below expectations. This cooling inflation figure has fueled hopes that the Federal Reserve may adopt a more accommodative monetary stance in the coming months. Lower inflation typically benefits risk assets, and cryptocurrencies are no exception. When investors anticipate easier monetary policy, liquidity often flows back into high-growth sectors such as technology stocks and digital assets. Additional economic indicators also helped stabilise market sentiment. Data from the U.S. Bureau of Labour Statistics showed stronger-than-expected job openings through the JOLTS report, while overall economic growth remained steady without showing signs of overheating. Together, these signals reduced fears of an imminent recession and encouraged investors to re-enter riskier markets — including crypto. Interestingly, despite geopolitical tensions in the Middle East and rising oil prices linked to U.S.-Iran developments, Bitcoin has continued to demonstrate resilience. In fact, the asset has gained more than 12% since early March, strengthening its narrative as a potential hedge in uncertain global environments. ## **Short Squeeze Accelerates the Rally** While institutional demand and macroeconomic factors laid the foundation for the rally, technical market dynamics provided the spark that accelerated prices higher. As Bitcoin approached key resistance levels, the market experienced a large-scale short squeeze. Traders who had bet on falling prices were forced to close their positions as the market moved against them. Within just a few hours, nearly $200 million worth of short positions were liquidated across major crypto exchanges. These forced buybacks pushed prices even higher, creating a cascading effect that amplified the rally. Short squeezes are a common phenomenon in crypto markets due to the high level of leverage used by traders. When prices move sharply upward, the liquidation of short positions effectively acts as additional buying pressure, often driving rapid price spikes. ## **Regulatory Developments Strengthen Market Confidence** Another important factor supporting bullish sentiment is the evolving regulatory landscape in the United States. Investors are closely watching discussions around the proposed Digital Asset Market Structure and Investor Protection Act (Clarity Act), which aims to clearly define the regulatory framework for digital assets. Greater clarity around how cryptocurrencies will be classified and regulated could reduce uncertainty for both institutions and retail investors. In addition, increased cooperation between regulators such as the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission is seen as a positive development for the industry. Clear guidelines can help encourage innovation while ensuring investor protection. At the same time, ongoing technological advancements across blockchain networks are adding further momentum to the sector. Developments in scaling solutions, faster consensus protocols, and the rapid growth of **tokenized real-world assets (RWAs)** are expanding the practical use cases of blockchain technology. ## **What Comes Next for the Crypto Market?** Despite the strong surge, analysts believe the market may soon face a key test. Bitcoin is currently approaching a **major liquidity zone between $74,000 and $75,000**, a level where significant sell orders could appear. If the asset successfully breaks through this resistance, it could pave the way for another leg higher and potentially challenge previous all-time highs. However, the next major macro event will be the upcoming **Federal Reserve policy meeting scheduled for March 18–19**, which could influence investor sentiment across all financial markets. For now, the latest rally highlights one clear trend: institutional interest, improving macroeconomic conditions, and evolving regulatory clarity are collectively strengthening the foundation of the cryptocurrency market. If these forces continue to align, the digital asset space could be entering the next phase of its growth cycle. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured --- ### [Cardano Founder Charles Hoskinson Reveals New Plans for Blockchain Expansion](https://blog.unocoin.com/cardano-founder-charles-hoskinson-reveals-new-plans-for-blockchain-expansion/) **Published:** March 16, 2026 **Author:** Unocoin Growth **Content:** In early 2026, Cardano founder Charles Hoskinson unveiled an ambitious roadmap designed to accelerate the growth of the ADA ecosystem and position Cardano as a leading cross-chain blockchain platform. Hoskinson described 2026 as a crucial “execution cycle,” emphasizing that the focus will shift from research and theoretical development toward large-scale implementation, ecosystem expansion, and real-world adoption. The strategy highlights three core priorities: scalability, interoperability, and privacy, all aimed at transforming Cardano into a major infrastructure layer for the future digital economy. A central component of the strategy is strengthening collaboration within what Hoskinson calls the “Pentad.” This structure brings together five key organizations working within the Cardano ecosystem: Input Output Global (IOG), Emurgo, the Cardano Foundation, the Midnight Foundation, and Intersect. The goal is to align these organizations under a faster and more coordinated development framework, enabling quicker decision-making and more efficient delivery of upgrades and products across the network. Interoperability is another major focus of Cardano’s growth strategy. Hoskinson has repeatedly emphasized that Cardano should no longer function as an isolated blockchain but instead operate as part of a broader, interconnected crypto ecosystem. Plans include building bridges and integrations with other major blockchain networks such as Bitcoin and XRP to allow assets, liquidity, and decentralized applications to move across different platforms. Strategic integrations with technologies like LayerZero, expanded oracle services from Pyth, and the launch of a native version of the USDC stablecoin (USDCx) are expected to further strengthen Cardano’s role in the multi-chain landscape. Performance improvements are also a key pillar of the roadmap. One of the most anticipated upgrades is Ouroboros Leios, a next-generation consensus protocol scheduled for development and testing through 2026. The upgrade aims to significantly increase Cardano’s transaction processing capacity while maintaining the network’s high level of decentralization and security. If successfully implemented, Leios could allow the network to handle more than 10,000 transactions per second, positioning Cardano among the most scalable blockchain platforms in the industry. Another major highlight of the roadmap is the development of the Midnight privacy network. Hoskinson has described Midnight as one of the most important technological initiatives within the Cardano ecosystem. The privacy-focused sidechain is designed to enable private smart contracts, confidential transactions, and selective data disclosure. These features are intended to support enterprises and institutions that require privacy and compliance when building blockchain-based applications. The Midnight network is expected to roll out in multiple phases during 2026, eventually leading to the deployment of private smart contract capabilities and the distribution of the NIGHT token. Beyond technology upgrades, Hoskinson has also outlined plans to significantly expand Cardano’s decentralized finance (DeFi) ecosystem. The strategy includes a proposal to deploy up to $100 million worth of ADA from the Cardano treasury to stimulate growth in the network’s DeFi sector. This initiative could involve supporting new liquidity pools, investing in ecosystem projects, and strengthening the availability of stablecoins within the network. Increasing the share of stablecoins relative to total value locked (TVL) is considered an important step toward building a more mature financial ecosystem on Cardano. Another key area of focus is real-world asset tokenization. Cardano developers are exploring frameworks that would allow traditional assets such as stocks, real estate, and commodities to be represented on-chain. By enabling programmable tokens backed by real-world value, the network aims to bridge the gap between traditional finance and decentralized finance. Governance is also entering a new era for Cardano. Following the implementation of the Voltaire governance framework, the network now operates under a fully decentralized decision-making structure. Through this system, ADA holders can delegate voting power to community representatives known as Delegated Representatives (DReps), who help guide funding decisions and protocol development. The Cardano community treasury, which holds a substantial amount of ADA, can now be used to support innovation, research, and ecosystem expansion. Hoskinson believes that the success of these initiatives will determine whether Cardano can fulfill its long-term vision of becoming a globally influential blockchain platform. He has even suggested that by 2030, Cardano could evolve into what he describes as a “nation-state level” blockchain ecosystem, capable of supporting governments, financial institutions, and millions of users worldwide. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin Slips as Rising Oil Prices and Geopolitical Tensions Trigger Market Volatility](https://blog.unocoin.com/bitcoin-slips-as-rising-oil-prices-and-geopolitical-tensions-trigger-market-volatility/) **Published:** March 13, 2026 **Author:** Unocoin Growth **Content:** Bitcoin experienced renewed volatility early Monday, March 9, 2026, as escalating geopolitical tensions between the United States and Iran rattled global financial markets. The uncertainty pushed oil prices sharply higher and sparked a broad sell-off in risk assets, including cryptocurrencies. As investors moved toward safer positions, Bitcoin briefly dropped below key levels, erasing gains made earlier in the week and reflecting a cautious sentiment across the digital asset market. The sudden market shift came after crude oil prices surged to multi-month highs. Both West Texas Intermediate (WTI) and Brent crude climbed above the $90 per barrel range, driven by concerns that tensions in the Middle East could disrupt global oil supply. Rising energy prices often increase inflation fears, which can pressure financial markets and reduce investor appetite for high-risk assets such as cryptocurrencies and technology stocks. Bitcoin responded quickly to the macroeconomic shock. The world’s largest cryptocurrency experienced a sharp intraday dip, briefly sliding below the $66,000 mark before stabilizing later in the session. At certain points during the trading day, Bitcoin was seen fluctuating between approximately $66,000 and $67,000, reflecting about a 1–2% decline over the previous 24 hours. While the drop was modest compared to previous market corrections, it highlighted how closely crypto markets are now tied to global economic developments. The broader cryptocurrency market mirrored Bitcoin’s movement. Major altcoins, including Ethereum, XRP, and Solana, also traded lower as traders reduced exposure to volatile assets. This synchronized decline suggests that macro-driven sentiment, rather than project-specific developments, was the primary force behind the market pullback. One of the most immediate impacts of the price drop was the wave of liquidations across the crypto derivatives market. As prices fell, leveraged positions held by traders were automatically closed, amplifying short-term volatility. Market data indicated that hundreds of millions of dollars worth of positions were liquidated within hours, with long positions accounting for the majority of the losses. Such events are common during sudden market moves and often accelerate price swings in the short term. In addition to geopolitical developments and rising oil prices, several other factors may have contributed to the decline. Some short-term Bitcoin holders likely took profits following the asset’s recent rally, locking in gains before potential further volatility. There were also reports of modest outflows from certain Bitcoin exchange-traded funds (ETFs), which can sometimes influence short-term sentiment in the market. Despite the pullback, many analysts note that the broader trend for Bitcoin remains closely tied to macroeconomic conditions and institutional demand. Over the past few years, Bitcoin has increasingly behaved like a global macro asset, responding to interest rate expectations, inflation data, geopolitical developments, and capital flows across financial markets. As of early Monday trading, markets appeared to be in a temporary “risk-off” phase. Investors were closely monitoring developments in the Middle East, as any escalation in geopolitical tensions could continue to impact commodities, equities, and digital assets alike. For long-term crypto investors, such short-term fluctuations are often viewed as part of the normal market cycle. Bitcoin has historically experienced periods of volatility while continuing to attract growing interest from institutions, corporations, and retail participants around the world. At Unocoin, we encourage investors to stay informed about global developments that may influence crypto markets while maintaining a disciplined, long-term approach to digital asset investing. As the global financial landscape evolves, Bitcoin and the broader cryptocurrency ecosystem remain key areas to watch. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Nigel Farage Buys 6% Stake in UK Bitcoin Treasury Firm Stack BTC](https://blog.unocoin.com/nigel-farage-buys-6-stake-in-uk-bitcoin-treasury-firm-stack-btc/) **Published:** March 11, 2026 **Author:** Unocoin Growth **Content:** Nigel Farage, one of the United Kingdom’s most recognizable political figures, has reportedly acquired a 6% stake in Stack BTC, a UK-based Bitcoin treasury firm. The move signals a growing intersection between politics, finance, and the rapidly expanding cryptocurrency sector, highlighting how digital assets are increasingly attracting attention from influential public figures and institutional investors alike. Stack BTC operates as a Bitcoin treasury company, a model that has been gaining momentum globally. These firms focus on accumulating and holding Bitcoin as a core treasury asset, often positioning the cryptocurrency as a hedge against inflation and currency depreciation. By maintaining large Bitcoin reserves on their balance sheets, such companies aim to benefit from long-term appreciation while also aligning themselves with the broader shift toward digital financial infrastructure. Farage’s investment is seen by many market observers as both symbolic and strategic. As cryptocurrencies continue to gain traction worldwide, prominent figures entering the space can help accelerate mainstream awareness and adoption. While Farage is primarily known for his political career and influence in British public discourse, his decision to invest in a Bitcoin-focused firm reflects the growing recognition that digital assets are becoming an important part of the global financial system. The timing of the investment is also noteworthy. Bitcoin and other cryptocurrencies have experienced increasing institutional participation in recent years, with companies, hedge funds, and even governments exploring ways to integrate digital assets into their financial strategies. Bitcoin treasury firms in particular have drawn attention because they mirror the approach popularized by corporate giants that hold Bitcoin as a reserve asset. Stack BTC’s strategy focuses on building long-term Bitcoin reserves while exploring financial services and products that leverage the cryptocurrency ecosystem. This can include treasury management solutions, digital asset custody, and other blockchain-based financial tools aimed at both institutional and retail investors. The firm’s growth reflects a broader trend of companies positioning themselves around Bitcoin’s role as a store of value and a foundational asset in the digital economy. Farage’s stake in the company may also indicate confidence in the long-term prospects of Bitcoin and the broader crypto market. Despite periods of volatility, Bitcoin has continued to attract investors who see it as “digital gold,” capable of preserving value in an era of rising global debt and monetary expansion. Supporters of Bitcoin often argue that its decentralized nature and limited supply make it an attractive alternative to traditional financial assets. The involvement of political figures in the crypto industry has been gradually increasing across several countries. As governments around the world debate regulations, taxation frameworks, and digital currency strategies, leaders and policymakers are paying closer attention to blockchain technology and digital assets. Investments like Farage’s demonstrate how the conversation around cryptocurrency is moving beyond tech enthusiasts and into mainstream economic and political circles. For Stack BTC, having a high-profile investor could bring additional visibility and credibility to the company as it expands its operations. Public attention from influential personalities often helps emerging financial firms attract new partners, investors, and customers. Overall, Nigel Farage’s decision to purchase a 6% stake in Stack BTC reflects the broader evolution of the cryptocurrency industry. What once began as a niche technological experiment is now becoming a significant part of global finance, drawing interest from investors, institutions, and political figures alike. As Bitcoin adoption continues to grow, developments like this highlight how digital assets are steadily moving closer to the center of economic and financial discussions worldwide. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Ripple (XRP): everything you need to know Founders, Holdings, and Market Influence Explained](https://blog.unocoin.com/ripple-xrp-everything-you-need-to-know/) **Published:** March 9, 2026 **Author:** Unocoin Growth **Content:** 4XRP is often mistakenly attributed to a single founder, but the reality is far more collaborative. The digital asset was developed by a team of engineers and entrepreneurs who launched the XRP Ledger (XRPL) in June 2012 with a vision of building a faster and more energy-efficient alternative to early blockchain systems like Bitcoin. Their goal was simple yet ambitious: create a blockchain optimized for financial institutions, capable of settling cross-border payments in seconds with minimal transaction costs. ## **The Founding Team Behind XRPL** The original architects of the XRP Ledger were: **Jed McCaleb** – A well-known early crypto pioneer, McCaleb previously founded Mt. Gox, one of the first major Bitcoin exchanges. He later departed the XRP project in 2013 and went on to establish Stellar (XLM), another blockchain focused on payments. **David Schwartz** – Known online as “JoelKatz,” Schwartz served as the Chief Cryptographer. He designed the unique consensus algorithm that powers the XRP Ledger, eliminating the need for energy-intensive mining. **Arthur Britto** – A core technical architect who worked alongside McCaleb and Schwartz to build the foundational protocol of XRPL. Shortly after development began, **Chris Larsen**, a seasoned fintech entrepreneur, joined the team. Together, they formed OpenCoin, which later rebranded as Ripple Labs in 2013. The company’s mission was to integrate blockchain-based payment solutions into the global banking system. ## **XRP Token Supply and Distribution** Unlike Bitcoin, which is mined over time, all **100 billion XRP tokens were created at launch**. The original allocation was structured as follows: - **80 billion XRP (80%)** was granted to Ripple to fund ecosystem growth, partnerships, and development. - **20 billion XRP (20%)** was distributed among the founders. To address concerns about large-scale token releases, Ripple placed **55 billion XRP into escrow**, allowing a controlled and predictable monthly release mechanism. This structure was designed to reduce fears of sudden supply shocks and improve transparency. ### **Current Holding Landscape (Late 2025 / Early 2026)** - Ripple controls approximately **42% of the total XRP supply**, with a significant portion still managed through escrow. - Chris Larsen reportedly held around **2.5 billion XRP** as of 2025, though he has sold portions over time. - Jed McCaleb completed the sale of his entire 9 billion XRP allocation by mid-2022, removing a long-standing supply overhang from the market. ## **Market Influence and Centralization Debate** XRP was engineered as a **bridge currency** for Ripple’s On-Demand Liquidity (ODL) solution. This allows financial institutions to process international payments without pre-funding foreign bank accounts — reducing capital inefficiencies and transaction delays. However, XRP’s distribution model has sparked ongoing debate. Critics argue that Ripple’s significant holdings create centralization concerns. Supporters counter that the escrow system ensures transparency and prevents sudden market disruptions. Another factor is whale concentration. The top 100 wallets hold a substantial portion of XRP supply, meaning large transfers can influence short-term price movements. ## **Regulatory Clarity and Ecosystem Growth** In August 2025, XRP achieved major regulatory clarity in the United States following the resolution of the SEC lawsuit. Court rulings clarified that XRP is not classified as a security when traded on public exchanges, though certain institutional sales fell under securities laws. This outcome significantly reduced regulatory uncertainty. Today, the XRP Ledger remains open-source and community-driven, supported by developers, validators, the XRPL Foundation, and Ripple’s enterprise initiatives. **Categories:** Blog --- ### [XRP Faces $650 Million Exchange Inflows as Geopolitical Risks Shake Crypto Markets](https://blog.unocoin.com/xrp-faces-650-million-exchange-inflows-as-geopolitical-risks-shake-crypto-markets/) **Published:** March 6, 2026 **Author:** Unocoin Growth **Content:** XRP is witnessing a sharp shift in investor positioning as global geopolitical tensions escalate, triggering renewed volatility across the cryptocurrency market. Over the past week, more than 472 million XRP — worth approximately $650 million — have flowed into Binance, signaling a potentially defensive stance among holders. The sudden spike in exchange inflows comes amid rising tensions in the Middle East, particularly involving the United States, Israel, and Iran. Historically, such geopolitical shocks have driven investors away from risk assets, and crypto has once again reacted swiftly to global uncertainty. ## **Exchange Inflows: A Warning Sign or Strategic Repositioning?** Large movements of tokens onto exchanges are often interpreted as a precursor to selling activity. Since digital assets must typically be transferred to trading platforms before being sold, increased inflows can create short-term downside pressure. However, exchange inflows do not automatically mean immediate liquidation. In many cases, investors move funds for: - Liquidity management - Hedging strategies - Arbitrage opportunities - Collateral positioning - Defensive preparation during volatile market phases Still, the scale of this movement — the largest recorded inflow period in February — raises questions about near-term price stability. ## **XRP Exchange Reserves Tick Higher** According to data from CryptoQuant, XRP exchange reserves had been steadily declining since October 2025, reflecting accumulation and reduced sell-side supply. The recent $650 million inflow marks a modest reversal of that trend. While reserves are not surging dramatically, the uptick indicates that liquidity is moving closer to the market. If sentiment deteriorates further, these reserves could translate into accelerated selling pressure. The key uncertainty remains: Is this a temporary defensive move tied to geopolitical headlines — or the beginning of a broader distribution phase? ## **Market Reaction: XRP Extends Losses** As risk sentiment weakened across global markets, XRP extended its decline alongside other major digital assets. At the time of writing, XRP is trading near **$1.37**, down more than 4% in the past 24 hours. The broader crypto market has mirrored the reaction seen in equities, while traditional safe-haven assets such as gold have attracted capital inflows. This rotation suggests that investors are temporarily prioritizing capital preservation over high-risk growth plays. ## **What Comes Next for XRP?** The coming days will be critical. If geopolitical tensions ease and macro conditions stabilize, XRP could absorb the selling pressure and resume its broader consolidation structure. However, if uncertainty intensifies: - Exchange-held supply may increase further - Volatility could expand sharply - Short-term price swings may accelerate Despite near-term turbulence, long-term adoption narratives surrounding Ripple’s ecosystem remain intact. Cross-border payment innovation and institutional blockchain integration continue to support the asset’s fundamental case. ## **Final Take for Unocoin Investors** Periods of geopolitical stress often create emotional market reactions. For disciplined investors, volatility presents both risk and opportunity. Monitoring exchange reserves, inflow trends, and broader macro signals will be essential in assessing whether this movement represents fear-driven repositioning or structural distribution. As global uncertainty and crypto market structure intersect, XRP stands at a short-term crossroads — with liquidity, sentiment, and geopolitics driving the next move. **Disclaimer:** Cryptocurrency markets are highly volatile. Investors should conduct independent research and manage risk carefully before making investment decisions. **Categories:** Blog --- ### [Unocoin’s Role in India’s Crypto Revival: From the Supreme Court Verdict to Today](https://blog.unocoin.com/unocoins-role-in-indias-crypto-revival-celebrating-the-supreme-courts-historic-ruling/) **Published:** March 5, 2026 **Author:** Unocoin Growth **Content:** ## The Judgment That Changed Crypto in India On **4 March 2020**, India witnessed one of the most important legal decisions in the history of digital assets. The Supreme Court of India set aside the Reserve Bank of India’s circular that had prevented banks from providing services to cryptocurrency businesses. The ruling didn’t just reopen bank access for exchanges — it **revived an entire industry that had been pushed to the brink**. For India’s crypto entrepreneurs, builders, and investors, the judgment was more than a legal victory. It was a moment that reaffirmed a powerful idea: **Innovation deserves a fair chance.** # The 2018 RBI Ban That Shook the Industry To understand why the ruling mattered, we must go back to **April 2018**. The Reserve Bank of India issued a circular directing banks to stop providing services to businesses dealing with cryptocurrencies. While the circular did not ban crypto ownership, it **cut off banking access to exchanges and startups**, effectively crippling the industry. The consequences were immediate: - Several exchanges shut down operations - Thousands of investors struggled to access their funds - Startups pivoted or left the market - Innovation in blockchain slowed dramatically For many observers, it looked like the end of crypto in India. But a small group of entrepreneurs and advocates refused to give up. # The Legal Battle That Followed The fight against the RBI circular was led by the Internet and Mobile Association of India (IAMAI), representing multiple digital businesses in the country. IAMAI challenged the RBI directive before the Supreme Court, arguing that the banking restriction was disproportionate and harmful to innovation. The hearings lasted several months, and the case became a defining moment for India’s emerging digital asset sector. Behind the scenes, several individuals worked tirelessly to ensure that the industry’s voice was heard. Among them were: - **Harish B. V.**, co-founder of Unocoin - **Ashim Sood**, standing counsel - **Danish**, who covered developments in real time Their efforts helped bring the case to national attention and ensured that the technological and economic implications of crypto were properly understood. # The Historic Supreme Court Verdict On **4 March 2020**, the Supreme Court delivered its verdict. The court struck down the RBI circular, declaring that the restriction on banking services for cryptocurrency businesses was unconstitutional. The ruling immediately changed the trajectory of the industry. Within hours, Indian exchanges resumed operations with banking services, allowing investors to deposit and withdraw funds again. The impact was enormous: - Crypto exchanges restarted INR deposits and withdrawals - Investor confidence returned - Blockchain startups began rebuilding - India re-entered the global crypto ecosystem The judgment effectively restarted the Indian crypto economy. # Unocoin’s Role During the Crisis Founded in 2013, Unocoin was among the earliest cryptocurrency companies in India and had already spent years building infrastructure for Bitcoin adoption. When the 2018 banking restrictions hit, the company faced the same challenges as the rest of the industry: - Loss of fiat banking channels - Operational disruptions - Market uncertainty Despite these challenges, Unocoin remained committed to supporting the broader crypto ecosystem. Co-founder **Harish B. V.** actively participated in the legal and industry efforts to challenge the RBI circular, helping ensure that the concerns of crypto companies and users were represented during the proceedings. The company continued working toward its mission: **Making cryptocurrency accessible to Indians.** # The Revival of India’s Crypto Ecosystem After the Supreme Court ruling, the industry experienced rapid revival. Crypto adoption accelerated across the country: - Exchanges resumed full operations - New startups entered the blockchain space - Venture capital interest increased - Millions of new users joined the crypto economy India quickly became one of the fastest-growing crypto markets globally. Platforms like Unocoin played a critical role by providing: - Secure trading infrastructure - Crypto wallets and payment services - Educational resources for new investors These developments helped rebuild trust and bring digital assets back into mainstream financial discussions. # A New Era of Legal and Regulatory Progress The story didn’t end with the 2020 verdict. India’s crypto landscape continues to evolve. Recent legal developments are gradually bringing more clarity to digital assets. For example, the Madras High Court recently recognized cryptocurrency as a form of “property”, acknowledging that digital assets can be owned, transferred, and legally protected. This recognition represents an important step toward: - Legal clarity for investors - Institutional adoption - A stronger regulatory framework While cryptocurrencies are still not considered legal tender in India, they are increasingly being treated as legitimate digital assets within the financial system. # The Road Ahead for Crypto in India India today stands at an important crossroads. The country has: - One of the world’s largest populations of crypto users - A thriving startup ecosystem - Growing institutional interest in blockchain technology At the same time, policymakers continue working on regulatory frameworks to balance innovation, investor protection, and financial stability. The outcome of these discussions will shape the next chapter of India’s digital asset economy. # Unocoin’s Continuing Mission For over a decade, Unocoin has been part of India’s crypto journey — from the early days of Bitcoin adoption to the legal battles that shaped the industry. The company’s mission remains clear: T**o make cryptocurrency accessible, secure, and useful for millions of Indians.** Through innovation, education, and reliable infrastructure, Unocoin continues to support the growth of India’s digital asset ecosystem. # A Moment That Will Always Be Remembered The Supreme Court verdict of **4 March 2020** will always remain a defining milestone in India’s crypto history. It demonstrated that: - Technology cannot be stopped by uncertainty - Innovation thrives when given a fair chance - Legal institutions can play a key role in protecting emerging industries What once seemed like the end of crypto in India ultimately became **the beginning of a new era.** And the story of India’s digital asset revolution is still being written. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto In India, Rbi, Unocoin, Unocoin Atm, Unocoin VS RBI --- ### [Bitcoin Weekly Outlook : March 2026](https://blog.unocoin.com/bitcoin-weekly-outlook-march-2026/) **Published:** March 4, 2026 **Author:** Unocoin Growth **Content:** Bitcoin ($BTC) is entering a decisive and volatile week as price attempts to stabilise in the $66,000–$68,000 range following a brutal 53% correction over the past 17 weeks. The decline, fueled by escalating geopolitical tensions and renewed tariff concerns, has shaken market confidence and shifted momentum firmly into bearish territory. However, technical indicators now suggest the market may be approaching a critical inflexion point. ### **Key Technical Levels to Watch (March 2026)** From a structural standpoint, Bitcoin remains trapped between heavy resistance and fragile support. **Resistance Levels:** - $69,000–$69,200 — aligned with the 20-day EMA - $70,000–$71,746 — major consolidation and breakdown range A decisive reclaim above $71,700 could invalidate the current lower-high structure and potentially open the door toward $74,000. This level represents the first serious bullish confirmation that traders are waiting for. **Support Levels:** - $64,000–$65,000 — recent swing lows - $60,000–$62,800 — critical 200-week EMA zone - $50,000–$55,000 — macro demand range if breakdown accelerates A breakdown below $62,800 would significantly increase downside probability, with $49,000–$52,000 emerging as a realistic next liquidity pocket. ### **Momentum Indicators Signal Extreme Conditions** On the weekly timeframe, Bitcoin’s MACD has confirmed a bearish crossover, reinforcing the dominant downtrend. Meanwhile, the Relative Strength Index (RSI) is hovering between 27 and 42 — historically oversold territory. While oversold readings do not guarantee an immediate reversal, they often indicate seller exhaustion is beginning to form. This creates conditions for either: 1. A relief rally toward $70,000–$74,000 2. A volatile consolidation phase before the next structural move The market is currently testing whether the “lower highs” pattern remains intact or whether a two-way repair market — a recovery phase with higher volatility — is developing. ### **Macroeconomic Catalysts Driving Volatility** Bitcoin’s correction has not occurred in isolation. Broader macroeconomic pressures are weighing heavily on risk assets: - Escalating US–Iran tensions - Renewed global tariff concerns - Tight liquidity conditions - Risk-off sentiment across equity markets Historically, Bitcoin reacts sharply to geopolitical shocks but tends to recover once uncertainty stabilises. The key question for traders now: Is this another panic-driven shakeout or the beginning of a deeper macro reset? ### **Bullish vs Bearish Scenarios** **Bullish Case: If $68,000 holds and BTC reclaims $71,700, momentum could quickly shift toward $74,000 and potentially retest higher liquidity clusters. Short squeezes could amplify upside volatility. **Bearish Case: Failure to defend $62,800 increases the probability of a cascade toward $50,000–$55,000. This zone historically represents a strong institutional accumulation territory. ### **Final Outlook** Bitcoin is at a structural crossroads. With oversold momentum, heavy macro pressure, and key technical levels converging, this week could define the short-term trajectory for Q2 2026. Traders should monitor volume, EMA reclaims, and weekly closes carefully — as volatility expansion appears imminent. **Disclaimer:** Cryptocurrency markets are highly volatile. This outlook reflects data from late February to early March 2026 and may change rapidly **Categories:** Blog --- ### [Sushi Coin (SUSHI) Price, Market Cap & Use Case | SushiSwap Crypto](https://blog.unocoin.com/sushi-coin-sushi-price-market-cap/) **Published:** March 1, 2026 **Author:** Unocoin Growth **Content:** ## What Is Sushi Coin (SUSHI)? **Sushi Coin (SUSHI)** is the governance and utility token of **SushiSwap**, a decentralized exchange that allows users to trade cryptocurrencies directly from their wallets without intermediaries. SushiSwap operates using automated market maker (AMM) technology, enabling permissionless and trustless trading. Sushi Coin plays a key role in the SushiSwap ecosystem by enabling governance participation, rewards, and fee sharing. ## Sushi Coin Price Overview The **Sushi coin price** is influenced by overall crypto market conditions, DeFi adoption, trading volume on SushiSwap, and community governance decisions. - Sushi coin price is highly market-driven - Price fluctuates based on demand for DeFi services - Volatility is common, as with most DeFi tokens *Note: Crypto prices change frequently. Always check live prices on a trusted crypto trading app before investing.* ## Sushi Coin Market Cap & Supply The **Sushi coin market cap** reflects the total value of all SUSHI tokens in circulation and is calculated as: **Market Cap = Sushi Coin Price × Circulating Supply** ### Key Token Metrics (Approximate) MetricDetailsToken NameSushi CoinSymbolSUSHIBlockchainEthereum (ERC-20)Circulating Supply286.83M SUSHI Max SupplyCappedMarket Cap RankMid-cap DeFi token(*Figures may vary with time; refer to live data before trading*) ## Sushi Coin Use Cases ### 1. Governance SUSHI holders can vote on SushiSwap improvement proposals, protocol upgrades, and treasury decisions. ### 2. Staking & Rewards Users can stake Sushi Coin to earn rewards derived from trading fees generated on SushiSwap. ### 3. Liquidity Incentives Liquidity providers earn SUSHI tokens as incentives for supplying liquidity to trading pools. ### 4. DeFi Ecosystem Utility SUSHI is used across multiple DeFi products such as yield farming, lending integrations, and cross-chain deployments. ## SushiSwap Ecosystem Explained SushiSwap started as a fork of Uniswap but evolved into a multi-chain DeFi platform supporting: - Decentralized token swaps - Yield farming - Staking mechanisms - Cross-chain trading This expansion increased the real-world utility of Sushi Coin within DeFi. ## Is Sushi Coin a Good Investment? Sushi Coin’s potential depends on: - Growth of decentralized finance - SushiSwap trading volume - Governance participation - Competition from other DEX platforms As a DeFi token, SUSHI carries both growth potential and volatility risk. Investors should evaluate risk tolerance before investing. ## Sushi Coin vs Other DeFi Tokens FeatureSushi CoinOther DeFi TokensGovernance RightsYesVariesFee SharingYesLimitedMulti-Chain SupportYesSomeCommunity DrivenStrongVaries## How to Buy Sushi Coin (SUSHI) in India Indian users can buy Sushi Coin using INR on trusted crypto trading platforms that support ERC-20 tokens. Always choose platforms with: - Transparent fees - Secure custody - Easy INR deposits and withdrawals ## Future Outlook of Sushi Coin The future of Sushi Coin depends on the broader adoption of DeFi and SushiSwap’s ability to innovate. With continued development, Sushi Coin could remain a key player in the DeFi ecosystem. However, market conditions and regulatory developments will continue to influence price movements. ## FAQs About Sushi Coin ### What is Sushi coin used for? Sushi coin is used for governance, staking rewards, and liquidity incentives within the SushiSwap ecosystem. ### What is the Sushi coin market cap? The Sushi coin market cap is calculated by multiplying its price with circulating supply and changes frequently. ### Is Sushi coin built on Ethereum? Yes, Sushi Coin is an ERC-20 token built on the Ethereum blockchain. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Ripple’s RLUSD Nears $2B Milestone](https://blog.unocoin.com/ripples-rlusd-nears-2b-milestone/) **Published:** February 26, 2026 **Author:** Unocoin Growth **Content:** Ripple’s USD-backed stablecoin **RLUSD** is rapidly gaining momentum, with its market capitalisation climbing to **$1.56 billion** and circulating supply reaching approximately **1.55 billion tokens**, according to CoinMarketCap data. With steady issuance and rising institutional traction, RLUSD now stands less than $500 million away from the $2 billion milestone — a level analysts believe could be achieved by early Q2 2026 if current trends persist. ## **Steady Supply Growth Signals Adoption** Unlike volatile crypto assets that fluctuate primarily due to price swings, RLUSD’s growth narrative is centred on expanding supply and real-world usage. A recent **$40 million mint on Ethereum** underscores Ripple’s measured issuance strategy, designed to align supply expansion with institutional demand. Stable daily trading volumes — consistently reported above $43 million and recently crossing $100 million — further highlight active liquidity. Importantly, RLUSD has maintained its **$1 peg**, reinforcing confidence in its reserve structure and operational transparency during broader market fluctuations. For stablecoins, supply growth typically reflects increasing trust and adoption rather than speculative trading. In RLUSD’s case, rising circulation indicates that institutions and counterparties are integrating it into payment rails and treasury operations. ## **Institutional Integrations Accelerate** Institutional momentum appears to be a major driver behind RLUSD’s expansion. This week, **Deutsche Bank** integrated Ripple’s blockchain technology to enhance cross-border payment efficiency. Meanwhile, **Société Générale** expanded its MiCA-compliant euro stablecoin onto the **XRP Ledger**, signaling growing confidence in Ripple’s infrastructure within regulated markets. Additionally, market participants are closely monitoring potential developments in Japan involving **SBI Holdings**, alongside Ripple’s reported pursuit of a U.S. National Trust Charter. Such regulatory advancements could further legitimize RLUSD’s standing in global financial systems. These integrations position RLUSD not just as another dollar-backed token, but as part of a broader institutional liquidity strategy. ## **Utility-Driven Collateral Strategy** Ripple’s approach to RLUSD differs from purely speculative digital assets. The company has invested nearly $3 billion in acquisitions to strengthen its ecosystem, focusing on compliance, liquidity infrastructure, and enterprise payment solutions. RLUSD is being positioned as **institution-grade collateral** — a digital dollar built for regulated liquidity flows under federal and state oversight. In this framework, success is measured by expanding real usage and circulating supply rather than price appreciation. This strategy also distinguishes RLUSD from **XRP**, which remains more exposed to broader crypto market volatility. While XRP has experienced periodic sell pressure, RLUSD’s peg stability and growing supply reinforce its role as a foundational liquidity tool. ## **Outlook Toward $2 Billion** If current issuance and integration trends continue, RLUSD appears well positioned to cross the **$2 billion market cap threshold by early Q2 2026**. Achieving that milestone would further strengthen Ripple’s foothold in the competitive USD stablecoin sector. For the broader crypto ecosystem, RLUSD’s trajectory signals a maturing stablecoin market increasingly driven by institutional demand, regulatory clarity, and real transactional utility. At Unocoin, we view this development as part of a larger shift — where stablecoins are evolving beyond trading instruments into critical infrastructure for cross-border payments, treasury management, and decentralized finance. As adoption scales, the next growth phase for stablecoins like RLUSD will likely be defined not by hype cycles, but by sustained integration into the global financial system. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [BTC Breaks Key Level | Bitcoin Analysis today](https://blog.unocoin.com/btc-breaks-key-level-bitcoin-analysis-today/) **Published:** February 27, 2026 **Author:** Unocoin Growth **Content:** Bitcoin’s recent price action has turned decisively cautious, with analysts warning that the market could face a deeper correction toward the $53,000–$55,000 range if key support levels fail to hold. After slipping below $63,000 on February 24, BTC registered a sharp daily decline, reflecting intensifying macro pressure and accelerating capital outflows. The $60,000 level is now widely viewed as the critical support zone. A sustained breakdown below this threshold could open the door to what some strategists describe as a potential “massive flush” — a rapid downside move driven by thin liquidity and defensive positioning. ## **Macro Pressures Weigh on Risk Assets** Broader economic uncertainty continues to strain global markets. Renewed tariff measures in the United States, shifting trade policies, and heightened geopolitical tensions have collectively dampened investor appetite for high-risk assets like cryptocurrencies. Market analysts note that Bitcoin has exited its consolidation phase and entered a more fragile bearish structure. Buyers have appeared during intraday dips, but these rebounds have been short-lived, indicating limited conviction among bulls. Momentum indicators reflect this weakness. The Relative Strength Index (RSI) has recovered slightly from oversold territory but remains below levels typically associated with trend reversals. This suggests stabilization rather than a confirmed recovery. ## **ETF Outflows Signal Institutional De-Risking** One of the most significant headwinds has been sustained capital outflows from spot Bitcoin exchange-traded funds (ETFs). Over the past five weeks, global crypto ETPs have recorded roughly **$4 billion in net outflows**, highlighting institutional caution. Data indicates that U.S. spot Bitcoin ETF balances have declined by approximately **100,000 BTC since the October cycle peak**, underscoring a broader de-risking trend. When large institutional vehicles reduce exposure, liquidity tightens — increasing the probability of sharper price swings. Onchain metrics further reinforce the defensive tone. Active addresses have fallen below typical ranges, realized capital continues to contract, and unrealized losses dominate current holdings. Meanwhile, derivatives markets show compressed speculative premiums, with open interest trends remaining negative since late 2025. In short, leverage appetite has yet to meaningfully return. ## **Is $55K the Next Major Support?** Despite mounting pressure, full capitulation has not yet occurred. Onchain data reveals that more than **400,000 BTC were accumulated between $60,000 and $70,000**, suggesting strong dip-buying interest within that range. This band may serve as a temporary buffer if volatility persists. However, should $60,000 break decisively, analysts see the **mid-to-low $50,000 zone** — near Bitcoin’s realized price (the average acquisition cost across the network) — as the next significant demand region. Mining dynamics may also play a stabilizing role. Recent mining difficulty adjustments have historically coincided with late-stage selloffs, sometimes signaling exhaustion in downward moves. Still, this is not a guaranteed reversal signal. ## **Defensive, Not Panicked — Yet** For now, the market environment appears defensive rather than outright panicked. Liquidity remains thin, momentum fragile, and macro uncertainty elevated. If $60,000 holds, Bitcoin could enter another consolidation phase. If it fails, a deeper correction toward $55,000 becomes increasingly plausible. At Unocoin, we continue to monitor both macroeconomic developments and onchain data closely. In volatile conditions like these, disciplined risk management and long-term perspective remain essential for navigating crypto markets effectively. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Inside Jacob & Co.’s Exclusive Bitcoin Watch: Where Mechanical Mastery Meets Real Hash Power](https://blog.unocoin.com/inside-jacob-cos-exclusive-bitcoin-watch/) **Published:** February 25, 2026 **Author:** Unocoin Growth **Content:** Luxury and blockchain innovation have officially collided. Jacob & Co., the high-jewellery watchmaker known for pushing the boundaries of haute horology, has unveiled the **Epic X GoMining** — a timepiece that doesn’t just symbolise Bitcoin ownership, but actively connects holders to real mining power. This is not merely a themed accessory. It is a hybrid of craftsmanship and computation. ![jacob co astronomia solar bitcoin watch](https://blog.unocoin.com/wp-content/uploads/2026/02/jacob-co-astronomia-solar-bitcoin-as31021abaaa-1024x781.webp "jacobcoastronomiasolarbitcoinwatch | Unocoin Blog")jacob co astronomia solar bitcoin watchAccording to GoMining CEO Mark Zalan, today’s collectors demand more than aesthetics. They want function, utility, and digital integration. The Epic X GoMining delivers exactly that — pairing a Swiss-engineered mechanical statement piece with a digital Bitcoin miner backed by real hash power. Owners can wear the watch while simultaneously managing a digital mining asset that generates Bitcoin rewards. That combination marks a shift in how luxury is defined in the crypto era. ### **A New Category of Crypto-Luxury** Unlike traditional limited-edition watches, the Epic X GoMining integrates blockchain infrastructure into the ownership experience. Buyers receive both a physical Jacob & Co. masterpiece and access to a digital miner they can monitor and optimize. The official introduction took place at the Consensus cryptocurrency conference in early February, signaling that this launch was targeted squarely at the crypto-native audience. The watch is available through Jacob & Co. showrooms in Miami and New York, as well as via the brand’s website and GoMining’s marketplace. For Bitcoin investors, this represents something deeper than a status symbol. It merges: - Mechanical precision - Blockchain infrastructure - Real-time earning capability - Scarcity-driven luxury That blend reflects the evolution of wealth in the digital age. ### **Not the First Bitcoin Masterpiece** This isn’t Jacob & Co.’s first foray into crypto-inspired design. In 2022, the brand introduced the **Astronomia Solar Bitcoin**, a 25-piece ultra-exclusive release within its Astronomia collection. With a retail price of $348,000, that edition catered to ultra-high-net-worth collectors and quickly became a conversation piece in crypto circles. By comparison, the Epic X GoMining offers a more accessible entry point — while adding functional mining exposure, something the earlier Astronomia edition did not provide. ### **What This Means for Bitcoin Culture** The rise of crypto-luxury products highlights a broader shift: Bitcoin is no longer just an investment thesis. It is a cultural asset. High-net-worth investors increasingly seek tangible objects that reflect their digital convictions. Watches, art, and real-world collectables now serve as bridges between physical and blockchain-based wealth. At Unocoin, we observe this trend closely. As digital assets mature, the ecosystem continues to expand beyond trading and into lifestyle, collectables, and tokenised experiences. The convergence of Swiss craftsmanship and decentralised mining infrastructure demonstrates how far the industry has evolved from its early experimental days. Bitcoin is influencing fashion, luxury, and ownership models. And products like the Epic X GoMining signal that the next phase of adoption isn’t only about price charts — it’s about identity. As the line between digital and physical assets blurs, expect more collaborations that merge craft, computing, and crypto capital into one seamless experience. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [China’s Cryptocurrency Ban: Impact on Bitcoin, Mining, and the Global Crypto Market](https://blog.unocoin.com/chinas-cryptocurrency-ban-impact-on-bitcoin-mining-and-the-global-crypto-market/) **Published:** February 20, 2026 **Author:** Unocoin Growth **Content:** China has played a critical role in Bitcoin’s history, from hosting the majority of mining operations to driving significant trading volumes. However, the country’s sweeping bans on cryptocurrency trading and mining, which began intensifying in 2021 and continued through 2026, have reshaped the global crypto landscape. These restrictions are not solely about environmental concerns but reflect broader economic and strategic objectives. ## **Why China Banned Cryptocurrency** The primary reason behind China’s crypto ban is capital control. Cryptocurrencies allow users to transfer wealth across borders without relying on traditional banking systems. This created challenges for China, which maintains strict controls on capital outflows to protect its financial system and currency stability. By restricting cryptocurrency trading and mining, China aims to prevent capital flight and maintain control over its monetary policy. Additionally, the government is promoting its own Central Bank Digital Currency (CBDC), the digital yuan (e-CNY), as a state-controlled alternative to decentralized cryptocurrencies. China’s regulatory approach also aligns with its broader effort to reduce speculative financial activity and ensure that financial systems remain under government oversight. Decentralized assets like Bitcoin operate outside central authority, which conflicts with China’s financial governance model. ## **Impact on Bitcoin Price and Market Stability** Historically, China’s crypto bans have triggered short-term volatility in Bitcoin’s price. Major announcements often caused sudden declines due to market uncertainty and panic selling. However, these dips have consistently been followed by strong recoveries. Over time, Bitcoin has become more resilient to regulatory actions in any single country. The global nature of the Bitcoin network ensures that restrictions in one region do not affect the overall functionality or long-term adoption of the asset. In fact, China’s ban has accelerated Bitcoin’s decentralization by reducing reliance on a single country’s market activity. Bitcoin adoption continues to expand across North America, Europe, Latin America, and emerging economies. ## **The Great Mining Migration** One of the most significant consequences of China’s ban was the “Great Mining Migration” of 2021. Mining operations relocated to countries such as the United States, Kazakhstan, Russia, and Canada, where energy resources and regulatory conditions were more favorable. This migration strengthened the decentralization and security of the Bitcoin network. By spreading mining activity across multiple countries, Bitcoin became less vulnerable to regional disruptions. Interestingly, reports suggest that some mining activity has quietly resumed within China using smaller, decentralized operations powered by stranded or low-cost energy sources. This reflects the adaptability of the mining industry and the continued economic incentives associated with Bitcoin mining. ## **Impact on the Global Crypto Market** China’s exit from the crypto trading and mining sector has accelerated the rise of regulated crypto markets in other regions. Institutional adoption has grown rapidly, supported by regulated exchanges, financial products, and Bitcoin ETFs. The shift has also reinforced Bitcoin’s position as a global asset independent of any single government or economy. Instead of weakening Bitcoin, China’s restrictions have strengthened its decentralization and global adoption. At the same time, China continues to promote the digital yuan, which allows the government to maintain full control over digital financial transactions. ## **Conclusion** China’s cryptocurrency ban represents a significant shift in the global crypto landscape, but it has not stopped Bitcoin’s growth. While short-term volatility may occur following regulatory announcements, the long-term impact has been increased decentralization, stronger global adoption, and reduced reliance on any single country. For Unocoin users and investors, this highlights Bitcoin’s resilience and reinforces its role as a truly global, decentralized digital asset. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development --- ### [How to Mine Bitcoin in 2026: Free and Paid Methods Explained](https://blog.unocoin.com/how-to-mine-bitcoin-in-2026-free-and-paid-methods-explained/) **Published:** February 18, 2026 **Author:** Unocoin Growth **Content:** Bitcoin mining is the process of validating transactions and securing the Bitcoin network, for which miners receive rewards in Bitcoin. Traditionally, mining required expensive ASIC hardware and high electricity consumption. However, in 2026, there are both free and paid ways to start mining Bitcoin, making it more accessible for beginners and crypto enthusiasts. While “free Bitcoin mining” options exist, it is important to understand that these methods typically generate very small rewards and are best suited for learning and earning modest passive income rather than significant profits. ## **Free Bitcoin Mining Methods** ### **1. Mobile Cloud Mining Apps** Mobile cloud mining apps allow users to participate in mining without purchasing hardware. These apps connect to remote mining servers that perform the actual mining work. Users simply need to activate mining within the app, and rewards accumulate over time. These apps do not use your phone’s processing power heavily, so they do not significantly impact battery life or device performance. Examples of popular cloud mining apps include StormGain, Binance Cloud Mining, and CryptoTab Browser. These platforms are beginner-friendly and allow users to start mining with minimal technical knowledge. However, earnings are typically small and may require reaching minimum withdrawal thresholds. ### **2. Free Cloud Mining Trials** Some cloud mining platforms offer free trial plans that provide limited mining power for a short period. These trials help users understand how mining works without financial risk. These services operate large mining farms and allocate a small portion of their computing power to trial users. While trial rewards are modest, they provide a risk-free introduction to Bitcoin mining. Free trials are useful for learning about mining performance, reward structure, and payout systems before deciding to invest in paid mining plans. ### **3. Bitcoin Faucets and Microtasks** Bitcoin faucets and reward platforms allow users to earn small amounts of Bitcoin by completing simple tasks such as watching ads, solving captchas, playing games, or completing surveys. Although faucets are not technically mining, they provide an easy way to accumulate small amounts of Bitcoin over time without investment. These platforms are ideal for beginners who want to explore Bitcoin without financial commitment. ### **4. Desktop and Laptop Idle Mining** Users can also mine Bitcoin using their computer’s CPU or GPU while the device is idle. Mining software connects your computer to mining pools, where computing power is combined with other miners to improve reward chances. Platforms like NiceHash allow users to sell their unused computing power and receive Bitcoin as payment. This method can generate slightly higher returns than mobile mining but may increase electricity consumption and hardware wear. ## **Paid Bitcoin Mining Methods** Paid mining typically involves purchasing ASIC miners or investing in paid cloud mining contracts. ASIC miners are specialised devices designed specifically for Bitcoin mining and offer the highest efficiency and profitability. However, ASIC mining requires upfront investment, stable electricity supply, cooling infrastructure, and technical setup. Paid cloud mining offers an alternative where users rent mining power without managing hardware directly. Paid mining has a higher earning potential but also involves financial risk and operational costs. ## **Important Considerations** Free mining methods generate extremely small rewards and should be viewed primarily as educational tools. Users should also be cautious of scams, especially platforms promising guaranteed high returns. Additionally, mining income may be subject to taxation in India under Virtual Digital Asset (VDA) regulations. ## **Conclusion** Bitcoin mining in 2026 is more accessible than ever, with both free and paid options available. Free mining methods provide a simple way to get started and learn about the ecosystem, while paid mining offers higher earning potential for serious participants. For most users, buying and investing in Bitcoin through trusted platforms like Unocoin remains the simplest and most efficient way to participate in the Bitcoin economy without the complexity of mining. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Weekly Crypto Market Performance: Key Trends BTC, ETH & Altcoins](https://blog.unocoin.com/weekly-crypto-market-performance-key-trends/) **Published:** February 13, 2026 **Author:** Unocoin Growth **Content:** As of February 16, 2026, the cryptocurrency market is in a high-volatility “resetting” phase after a sharp correction that began in late 2025. Major assets like Bitcoin and Ethereum are showing early signs of stabilisation and mild rebounds, but both remain well below their October 2025 highs. Still, improving “buy-the-dip” sentiment among institutional investors and long-term holders has helped lift total crypto market capitalisation back above $2.3 trillion. [![market update](https://blog.unocoin.com/wp-content/uploads/2026/02/Screenshot-2026-02-13-at-2.21.38-PM-1024x644.png "market update | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2026/02/Screenshot-2026-02-13-at-2.21.38-PM.png)market updateBitcoin is currently trading near ₹62.3 lakh, while Ethereum is around ₹1.84 lakh. Both assets saw minor daily declines, reflecting ongoing short-term uncertainty rather than renewed panic selling. Price swings remain frequent, but volatility has eased compared to the peak of the correction phase. Bitcoin (BTC): Stabilising After a Deep Pullback Bitcoin has recently traded between $65,000 and $71,000 after falling as low as $60,000 during the correction. That drop was largely driven by institutional profit-taking and broader risk-off sentiment in global markets. BTC reclaiming the $70,000 level is important because it serves as a psychological support zone. Long-term investors appear to be accumulating at lower levels, helping stabilise price action. Continued spot ETF participation and Bitcoin’s strong long-term fundamentals are providing a foundation for gradual recovery. However, analysts caution that the medium-term trend is still fragile, and stronger trading volumes are needed to confirm a sustained uptrend. **Ethereum (ETH): Range-Bound but Building Momentum** Ethereum has been fluctuating in the $2,000–$2,100 range and has struggled to stay above $2,300. Compared to Bitcoin, ETH’s recovery has been slower, reflecting cautious market sentiment toward smart-contract platforms during uncertain periods. That said, Ethereum’s long-term outlook remains supported by fundamentals. The upcoming Pectra upgrade is expected to improve efficiency and scalability, while Layer-2 networks such as Arbitrum and Base continue to expand usage and transaction activity. These developments could strengthen Ethereum’s ecosystem over time, but for now, ETH remains range-bound as traders wait for clearer bullish signals. **Altcoins: Select Strength in a Bitcoin-Led Market** Altcoin performance has been mixed, with strength concentrated in specific ecosystems rather than across the board. Solana (SOL) is trading near $142, well below its previous highs, yet maintains strong on-chain activity and developer engagement. BNB has shown resilience, holding between $670 and $860, supported by continued activity within the Binance ecosystem. XRP is hovering around $1.35 and has gained relative stability following improved regulatory clarity, which has boosted confidence among traders. Despite these pockets of strength, the broader altcoin market is not in a full rally phase. The Altcoin Season Index remains low, signaling that investors currently prefer large-cap assets like Bitcoin over higher-risk tokens. **Key Drivers Behind Market Conditions** Institutional behavior remains a major influence. While late 2025 and early 2026 saw sizable outflows from some crypto investment products, selective accumulation on price dips suggests that long-term conviction in Bitcoin remains intact among certain funds. Macroeconomic conditions are also shaping sentiment. A stronger U.S. dollar and tighter monetary policy have reduced appetite for speculative assets. As a result, crypto markets are moving in line with broader risk-asset trends, reacting to interest rate expectations and global liquidity conditions. **What Comes Next?** The market’s current phase reflects consolidation rather than collapse. Bitcoin’s ability to hold key support levels, Ethereum’s upcoming network improvements, and steady development activity across major ecosystems all point to underlying resilience. However, sustained upward momentum will likely depend on improving macro conditions, stronger trading volumes, and renewed institutional inflows. Until then, markets may continue to move sideways with bursts of volatility. For investors, this period highlights the importance of focusing on long-term fundamentals rather than short-term price swings. The foundation of the crypto market remains intact — but the next major move will require both economic tailwinds and renewed risk appetite. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Crypto Bull Run Outlook 2026: Key Signals Emerging from the 2025 Cycle](https://blog.unocoin.com/crypto-bull-run-outlook-2026-key-signals-emerging-from-the-2025-cycle/) **Published:** February 11, 2026 **Author:** Unocoin Growth **Content:** The crypto market has moved beyond asking *if* the bull run happened. The focus now is on how long this cycle can continue and what 2026 might bring next. After a powerful rally through 2025 led by Bitcoin and institutional inflows, the market has entered a phase of consolidation rather than collapse. Corrections have cooled excessive speculation, but the core structural drivers of the bull market remain intact. For investors, 2026 may not look like a straight-up rally — instead, it could be a selective, opportunity-driven phase that rewards patience and strategy. Let’s break down the most important signals shaping the crypto market outlook for 2026. ## **Bitcoin’s 2025 Breakout Set the Foundation** Bitcoin’s surge past the six-figure mark in 2025 marked a turning point for digital assets. Institutional participation accelerated, long-term holders increased their positions, and exchange reserves continued to decline — all classic signs of supply tightening. After setting a cycle high, Bitcoin entered a healthy retracement phase. Rather than signaling weakness, this cooldown has helped reset leverage and reduce overheated sentiment. Historically, such pauses have often preceded the **next expansion phase** in longer bull cycles. ## **Why the Bull Market Structure Is Still Intact** Despite short-term volatility, several long-term indicators remain supportive: ### **1. Institutional Demand Remains Strong** Institutional exposure to Bitcoin has become more structured and long-term. This reduces panic-driven selling and adds stability during corrections. Corporate treasury allocations and regulated investment vehicles continue to anchor demand. ### **2. Supply Is Getting Tighter** On-chain data shows fewer coins sitting on exchanges and more being held in long-term wallets. This trend typically reduces available selling pressure during pullbacks. ### **3. Macro Liquidity Could Turn Supportive** If global monetary conditions ease in 2026, risk assets — including crypto — could benefit from renewed capital flows. Crypto has historically responded strongly to expanding liquidity cycles. ### **4. Real-World Blockchain Use Is Growing** Adoption is shifting from speculation to utility. Tokenized assets, blockchain-based financial products, and decentralized infrastructure projects are attracting both developers and capital. ## **Bitcoin in 2026: Leader of the Market** Bitcoin continues to act as the **market’s anchor asset**. During uncertain periods, capital typically rotates into BTC before spreading into altcoins later in the cycle. Technically, Bitcoin appears to be stabilizing after its retracement, building a base rather than showing signs of structural weakness. If it reclaims higher resistance zones, it could open the door for renewed bullish momentum. For now, Bitcoin dominance remains elevated — a common feature in the **mid-cycle consolidation stage**. ## **Altcoins: Selective Strength Over Broad Euphoria** Unlike earlier phases of the bull market where nearly everything moved up together, the current environment is more selective. Capital is flowing into **specific narratives** rather than the entire altcoin market. This suggests a more mature cycle where investors prioritize projects with clear use cases, strong ecosystems, or technological breakthroughs. ### **Key Areas Showing Momentum** - **Layer-2 scaling solutions** improving blockchain speed and costs - **AI-integrated blockchain projects** merging automation with decentralization - **Real-World Asset (RWA) tokenization** bridging traditional finance and crypto - **DeFi infrastructure** offering more sustainable yield models - **Stablecoin payment networks** expanding real-world utility This rotation pattern often precedes broader altcoin strength later in the cycle. ## **DeFi and On-Chain Activity Rebuilding** Decentralised finance has quietly regained traction. Total value locked across major protocols has grown as investors seek yield beyond traditional markets. More importantly, DeFi is evolving toward: - Greater transparency - Improved risk management - Institutional-friendly structures This transition makes the sector more resilient compared to previous speculative waves. ## **Market Sentiment: Cooling, Not Crashing** While fear increases during pullbacks, sentiment indicators suggest the market is undergoing **consolidation rather than distribution**. Long-term participants are accumulating, while short-term traders rotate positions. This behaviour aligns with mid-cycle pauses seen in past bull markets — periods that often reset the market before the next expansion. ## **What Could Drive the Next Leg Up?** Several catalysts could reignite strong upward momentum in 2026: - Improvement in global liquidity conditions - Continued institutional adoption of Bitcoin - Growth of tokenized real-world assets - Breakthrough consumer crypto applications - Expansion of blockchain infrastructure into mainstream fintech If these trends accelerate together, the second half of 2026 could become a defining phase of the cycle. ## **Crypto in India: Growing Participation Despite Complexity** India remains one of the most active crypto markets globally. Despite tax and regulatory challenges, adoption continues to rise as investors view crypto as: - A long-term diversification asset - A hedge against currency risk - Exposure to global technology growth As regulatory clarity gradually improves and platforms streamline INR access, participation is expected to expand further. ## **Is the 2026 Bull Run Still Alive?** Yes — but it looks different. The market is transitioning from a rapid surge phase into a **structured growth phase**. Instead of broad speculative rallies, we are seeing: ✔ Stronger institutional foundations ✔ More disciplined capital rotation ✔ Growing real-world use cases ✔ Selective sector leadership These are characteristics of a maturing bull cycle, not a market top. ## **Final Thoughts** The crypto market in 2026 is not defined by hype — it is defined by **infrastructure, adoption, and capital structure**. While volatility will remain, the broader trajectory continues to point toward long-term expansion. For investors, this phase rewards research, patience, and selective positioning rather than chasing every rally. If macro conditions align and adoption trends continue, the next major breakout may still lie ahead. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Bitcoin Hashrate Plunges ~10% Amid Severe U.S. Winter Storm](https://blog.unocoin.com/bitcoin-hashrate-plunges-10-amid-severe-u-s-winter-storm/) **Published:** February 10, 2026 **Author:** Unocoin Growth **Content:** In late January 2026, the Bitcoin network experienced a significant and unexpected disruption when total hashrate — a measure of the total computing power securing the blockchain — dropped by approximately **10%**. This sudden decline was not due to a protocol change or market sell-off, but rather a powerful winter storm named **Fernan** that swept across the United States, forcing major mining operations offline to reduce strain on local power grids. ### **What Happened?** The Bitcoin hashrate drop occurred as extreme cold, ice, and energy demand overwhelmed infrastructure in regions with high concentrations of mining facilities. To prevent grid failures, operators in energy-strained states proactively shut down large portions of their mining hardware. These shutdowns were especially pronounced among large miners and prominent pools. One of the most affected was Foundry USA, a leading Bitcoin mining pool. During the height of the storm, Foundry’s effective capacity plunged by roughly 60%, a dramatic contraction that rippled through the network. As a result, the average time between mined blocks — typically around 10 minutes — ballooned to about 12.4 minutes. ### **Why It Matters** #### **1. Network Resilience and Vulnerability** Bitcoin’s design allows it to continue operating even when hashrate fluctuates. Blocks were still mined, transactions continued to process, and the protocol remained secure. However, the event revealed an important structural weakness: Bitcoin’s hashrate is still geographically concentrated, and when a major region experiences an outage, the network feels it. Mining concentration has long been a topic of debate within the crypto community. While decentralisation of participants is strong, the physical distribution of mining rigs remains tied to a few key regions with cheap energy. The U.S. has risen as a dominant force in global Bitcoin mining, but events like Storm Fernan highlight that environmental and infrastructural risks can still impact the network’s operational dynamics. #### **2. Difficulty Adjustment — Bitcoin’s Built-In Self-Corrector** Bitcoin’s protocol is engineered to adjust its **mining difficulty** approximately every two weeks to keep block times near the 10-minute target. After the hashrate drop, the network responded as intended: difficulty decreased by around **15%** at the subsequent adjustment. This reduction makes blocks easier to mine, helping the network return to normal production rates even with less computing power online. The self-correcting mechanism is one of Bitcoin’s most crucial features, enabling it to absorb temporary shocks — whether they come from miner shutdowns, hardware transitions, or regional outages. #### **3. Market and Miner Response** From a market perspective, this event was notable but not disastrous. Prices experienced minor volatility, but there was no sustained drop tied directly to the hashrate decline. Long-term holders and institutional investors viewed the disruption as a technical anomaly rather than a systemic threat. Miners themselves reacted by shifting operations where possible. Regions with more stable climates and robust grid infrastructure, like parts of Texas, Canada, and Scandinavia, saw increased attention. Operators also emphasised investment in on-site energy storage and participation in demand response programs — strategies that help balance grid load without completely shutting down mining rigs. ### **Lessons from Past Disruptions** This wasn’t the first time Bitcoin’s hashrate dipped significantly due to external factors. In December 2025, another near-10% decline occurred when mining facilities in China’s Xinjiang region temporarily shut down. The causes then were different — policy shifts and local grid issues — but the impact underscored the same point: Bitcoin’s hashrate isn’t immune to real-world events. Both instances serve as reminders that while Bitcoin’s decentralised protocol is robust, its **physical infrastructure — the miners themselves — is subject to real-world conditions**. ### **Looking Forward** The late January 2026 hashrate drop highlights a few key takeaways for the broader crypto community: - **Bitcoin’s protocol mechanisms work:** Difficulty adjustments ensured recovery without manual intervention or risk to network security. - **Miners are adapting:** Diversification of locations and investments in energy solutions are becoming more common. - **Environmental resilience matters:** As climate volatility increases worldwide, miners and investors alike must factor in infrastructure and energy challenges. For Unocoin users and crypto investors, events like the hashrate plunge are not reasons for panic. Instead, they offer insights into how Bitcoin’s decentralised design maintains continuity even during unexpected disruptions. Understanding the mechanics beneath the surface — from hashrate to difficulty adjustments — builds confidence in Bitcoin’s long-term durability. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin, hash rate --- ### [Should You Buy Crypto During a Market Dip?](https://blog.unocoin.com/should-you-buy-crypto-during-a-market-dip/) **Published:** February 6, 2026 **Author:** Unocoin Growth **Content:** Crypto markets are famous for their dramatic price swings. In a single week, digital assets can surge sharply — and just as quickly, they can decline. These pullbacks often leave investors wondering: Is a market dip actually a smart time to buy crypto? While price drops can create attractive entry points, they also carry risks. Understanding both sides is key before making any investment decision. ## **Why Investors Consider Buying During Dips** ### **1. Opportunity to Accumulate at Lower Prices** A market dip allows investors to purchase crypto assets at prices lower than recent highs. For those who believe in the long-term growth of blockchain technology and specific cryptocurrencies, corrections can offer more favourable entry levels. Over time, lowering your average purchase price can improve potential returns if the market recovers. ### **2. The “Buy the Dip” Strategy** The “Buy the Dip” approach is widely used in both traditional financial markets and crypto. The idea is simple: markets often move in cycles, and temporary declines may be followed by recoveries. Experienced investors look at dips as part of normal market behaviour rather than a panic signal. ### **3. Market Sentiment Creates Imbalances** Crypto prices are heavily influenced by emotions. During downturns, fear can drive rapid selling, sometimes pushing prices below what fundamentals justify. Long-term investors may view these moments as opportunities created by short-term panic rather than lasting weakness. ## **Risks of Buying During a Dip** Despite the appeal, buying during a downturn is not without challenges. ### **1. Prices Can Fall Further** A dip does not always mean the bottom has been reached. Markets can decline in stages, and what seems like a bargain today could be cheaper tomorrow. Trying to perfectly time the lowest point is extremely difficult, even for professionals. ### **2. Bear Markets Can Be Prolonged** Some corrections turn into extended bear markets where prices remain under pressure for months or even years. Investors who enter too aggressively without a plan may need to wait a long time to see a recovery. ### **3. Not All Cryptos Recover** While leading cryptocurrencies have historically bounced back after major downturns, smaller or weaker projects may not survive. A falling price can sometimes reflect deeper issues such as poor adoption, weak development activity, or unsustainable token models. ## **Key Factors to Evaluate Before Buying** Making informed decisions during volatile periods requires more than just watching price charts. ### **Strong Fundamentals Matter** Focus on projects with clear use cases, active development, strong security, and growing adoption. Assets supported by real utility and robust ecosystems tend to be more resilient over the long term. ### **Watch the Bigger Economic Picture** Global financial conditions can influence crypto markets. Interest rate trends, liquidity conditions, and regulatory developments often shape investor appetite for risk assets. Understanding the broader environment can help you assess whether a dip is part of a short-term correction or a larger shift. ### **Use Risk Management Strategies** Rather than investing all funds at once, many investors use **Dollar-Cost Averaging (DCA)**. This involves spreading purchases over time, reducing the pressure to time the market perfectly and lowering the impact of short-term volatility. ### **Invest Only What You Can Hold Long-Term** Crypto markets can remain volatile for extended periods. It’s important to use funds that are not needed for immediate expenses. Having financial stability allows investors to stay patient rather than selling under pressure. ## **So, Should You Buy the Dip?** Buying crypto during a market dip can be a smart move — **if approached with discipline and research**. Corrections are a natural part of market cycles and can provide opportunities for long-term investors. However, price drops also come with uncertainty, and further declines are always possible. The key is to avoid emotional decisions. Build a strategy based on research, diversify your investments, and manage risk carefully. Every investor has a different risk tolerance and financial goal, so there is no one-size-fits-all answer. With the right approach, market dips can become moments of preparation rather than panic — helping investors position themselves thoughtfully for the next phase of the crypto cycle. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Crypto Market Outlook 2026: Key Global Events to Watch](https://blog.unocoin.com/global-events-2026-that-could-move-crypto-market/) **Published:** February 5, 2026 **Author:** Unocoin Growth **Content:** The crypto market in 2026 is expected to be driven not just by price charts, but by global macro events, institutional adoption, regulatory developments, and major blockchain conferences. From Bitcoin and Ethereum ecosystems to global policy forums, these events can significantly influence crypto market capitalisation, investor sentiment, and price volatility. This blog breaks down the most important global events in 2026, their exact dates, and how they could impact crypto markets. ## Why Global Events Matter for Crypto Markets in 2026 Cryptocurrencies are no longer isolated assets. Today, Bitcoin, Ethereum, and altcoins react to: - Interest rate expectations - Regulatory announcements - Institutional participation - Network upgrades and ecosystem growth - Global risk-on / risk-off sentiment Understanding the event calendar helps investors prepare for volatility, trend reversals, and opportunity windows. ## Global Crypto Market-Moving Events in 2026 (With Exact Dates) ### **2026 Crypto Events & Market Impact Table** Event NameDates (2026)Potential Impact on Crypto MarketWorld Economic Forum (Davos)Jan 19–23Macro outlook, institutional sentiment, global risk appetiteConsensus Hong KongFeb 10–12Institutional adoption trends, regulation signals, Asia market flowsETHDenverFeb 18–21Ethereum upgrades, DeFi innovation, Layer-2 developmentsCrypto Expo EuropeMar 1–2Retail participation, Web3 awareness, trading volume growthDC Blockchain SummitMar 17–18Regulatory clarity, policy direction, institutional confidenceParis Blockchain WeekApr 15–16EU crypto regulation, enterprise blockchain adoptionBitcoin 2026 ConferenceApr 27–29Bitcoin adoption, mining trends, BTC market sentimentTOKEN2049Apr 29–30Global capital flows, VC interest, institutional participationConsensus MiamiMay 5–7Market narratives, regulation outlook, institutional strategiesETHGlobal PragueMay 30 – Jun 1Developer activity, Ethereum ecosystem expansionMoney20/20 EuropeJun 2–4Crypto payments, fintech & stablecoin adoptionBTC PragueJun 11–13Bitcoin Lightning adoption, BTC ecosystem growthBlockchain Futurist ConferenceJul 21–22Web3 innovation, DeFi and NFT momentumEuropean Blockchain ConventionSep 16–17Enterprise adoption, EU policy developmentsTOKEN2049 SingaporeOct 7–8Asia-Pacific liquidity, institutional inflowsDevcon 8Nov 3–6Ethereum roadmap, developer ecosystem expansionHow These Events Can Impact Crypto Prices? ### **Macro & Institutional Sentiment** Events like Davos, Consensus, and TOKEN2049 influence how institutions allocate capital between traditional assets and crypto, directly impacting Bitcoin price trends and market cap growth. ### **Regulatory Clarity & Compliance** Summits such as DC Blockchain Summit and Paris Blockchain Week often shape regulatory outlooks, affecting exchange activity, stablecoins, and investor confidence. ### **Network Growth & Innovation** Developer-focused events like ETHDenver, ETHGlobal, and Devcon often precede: - Ethereum upgrades - DeFi growth cycles - Increased on-chain activity These fundamentals support medium-to-long-term bullish momentum. ### **Regional Adoption & Capital Rotation** Events across Asia, Europe, the US, and the Middle East highlight regional demand, which often leads to capital rotation between BTC, ETH, and altcoins. ## What Crypto Investors Should Watch in 2026? ### Smart Investor Checklist 1. Track global policy and macro events 2. Monitor institutional flows around major conferences 3. Watch for volatility near event dates 4. Align accumulation strategies with long-term fundamentals ## Final Takeaway: Preparing for Crypto Opportunities in 2026 2026 is shaping up to be a decisive year for crypto markets, where global events could accelerate: - Institutional adoption - Regulatory clarity - Network innovation - Market capitalisation growth Staying informed about these key global events helps investors make strategic, data-driven decisions rather than emotional trades. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Why Is the Crypto Market Down? Understanding the February 2026 Correction](https://blog.unocoin.com/why-is-the-crypto-market-down-understanding-the-february-2026-correction/) **Published:** February 3, 2026 **Author:** Unocoin Growth **Content:** The cryptocurrency market is undergoing a notable correction in February 2026, with major digital assets pulling back after a period of strong upward momentum. Bitcoin has slipped below the $80,000 mark, while Ethereum, Solana, and other leading altcoins have also recorded sharp declines. This downturn is not driven by a single event but by a combination of macroeconomic pressures, institutional flows, technical market signals, and changing investor sentiment. ### **Macroeconomic Pressure Weighs on Risk Assets** One of the biggest contributors to the recent decline is the global macroeconomic environment. Interest rates remain elevated across major economies, reducing liquidity in financial markets. Higher yields on traditional financial instruments such as bonds make riskier assets like cryptocurrencies less attractive in comparison. At the same time, a strong U.S. dollar has added further pressure, as global investors shift toward safer, more stable assets during uncertain periods. When liquidity tightens, speculative markets often feel the impact first — and crypto, as a high-volatility asset class, tends to see sharper reactions. ### **Bitcoin ETF Outflows Add Direct Selling Pressure** Another major factor behind the recent dip is significant outflows from Bitcoin exchange-traded funds (ETFs). These investment vehicles had previously acted as a key bridge for institutional capital entering the crypto market. However, recent redemptions suggest that some large investors are reducing exposure to digital assets, either to lock in profits or rebalance portfolios amid market uncertainty. ETF outflows can create direct selling pressure because fund managers may need to sell underlying Bitcoin holdings to meet redemptions. This reduces demand and adds downward momentum to prices in the short term. ### **Technical Breakdown Accelerates the Decline** From a market structure perspective, Bitcoin’s drop below key support levels — particularly under $80,000 — triggered a wave of automated selling. Many traders place stop-loss orders around important technical levels, and once these are breached, selling can accelerate quickly. Additionally, bearish chart formations that had been building during the previous consolidation phase signaled weakening upward momentum. When combined with broader market fear, these technical breakdowns intensified the speed and scale of the correction. ### **Leverage Liquidations Increase Volatility** Crypto markets are heavily influenced by derivatives trading and leveraged positions. As prices started to fall, overleveraged traders were forced out of positions, leading to more than $2 billion in liquidations within a short period. These forced sell-offs amplify volatility because positions are closed automatically, regardless of long-term outlook. This deleveraging phase, while painful in the short term, is often necessary to reset the market and reduce excessive speculation. ### **Geopolitical Concerns and Risk-Off Sentiment** Broader market anxiety has also played a role. Concerns surrounding global political uncertainty, government fiscal issues, and slowing economic growth have led investors to adopt a more cautious stance. In such environments, capital typically rotates out of volatile assets and into traditional safe havens. ### **What This Means for Investors** Market corrections are a natural part of crypto cycles. While short-term volatility can be unsettling, long-term investors often focus on fundamentals such as adoption, network growth, and regulatory clarity. Staying disciplined, avoiding emotional decisions, and maintaining a diversified strategy can help navigate periods of turbulence. As the market digests macro shifts and leverage resets, stability can gradually return — setting the stage for the next phase of growth in the digital asset ecosystem. **Categories:** Blog --- ### [Why Is CZ Talking About Aster — and How Does It Compare to Hyperliquid?](https://blog.unocoin.com/why-is-cz-talking-about-aster-and-how-does-it-compare-to-hyperliquid/) **Published:** January 30, 2026 **Author:** Unocoin Growth **Content:** Aster’s recent price decline has stirred debate across the crypto community, with many investors questioning both its purpose and its long-term potential. One name that repeatedly surfaces in these discussions is Changpeng Zhao (CZ), whose public mentions of Aster have drawn attention — and criticism. But beyond short-term price movements, the more important question is: why would a figure like CZ be interested in a project like Aster at all? ### The Bigger Shift: From CEX to On-Chain Derivatives Crypto markets are evolving. After years of relying heavily on centralised exchanges (CEXs), many traders are now more cautious about custodial risk. Events like exchange collapses and increased regulatory scrutiny have accelerated interest in non-custodial, on-chain trading platforms, particularly for derivatives. This is where projects like Aster come in. Aster positions itself as a perpetual futures decentralised exchange (perp DEX), where traders maintain custody of their own assets while accessing advanced derivative products. From a strategic standpoint, this aligns with a broader industry trend: building trading infrastructure that combines the flexibility of DeFi with the performance expectations of centralised platforms. ### Why Aster Fits CZ’s Long-Term View CZ has historically favoured projects that focus on ecosystem building, not just short-term trading hype. Aster’s roadmap goes beyond being just another DEX. The project aims to develop its own Aster Chain, optimised specifically for on-chain derivatives trading. This approach mirrors a familiar model: controlling infrastructure to improve performance, cost efficiency, and user experience. For someone with a background in scaling exchange ecosystems, this type of vertical integration can be strategically appealing. Aster’s vision suggests a broader derivatives ecosystem including governance, staking mechanisms, and specialised infrastructure — not just a trading interface. Importantly, Aster does not directly compete with centralised exchanges in the traditional sense. Instead, it targets a segment of traders who prefer self-custody and fewer structural constraints, offering an alternative environment for high-risk, high-leverage trading that centralised platforms may find harder to support. ### Aster vs. Hyperliquid: Vision vs. Execution When comparing Aster to Hyperliquid, the distinction becomes clearer. Hyperliquid has already earned a reputation for high-speed order execution and deep liquidity, delivering an experience that many traders say feels close to using a centralised futures exchange — just without custody risk. In contrast, Aster is still earlier in its development curve. While it may not yet match Hyperliquid in execution performance, it promotes a broader long-term narrative centred around building a dedicated derivatives-focused blockchain ecosystem. Put simply: - Hyperliquid currently leads in performance and active trader adoption - Aster emphasises infrastructure expansion and long-term ecosystem potential Both approaches carry opportunity and risk. ### The Reality Investors Should Remember Narratives alone do not guarantee success. In derivatives DeFi, liquidity, trading volume, and user trust ultimately determine which platforms survive. If Aster cannot attract sustained capital flows or deliver a competitive trading experience, its broader vision may struggle to materialise. For investors, the key takeaway is balance. Understanding a project’s long-term positioning is important, but so is timing, risk management, and recognising that early-stage infrastructure plays can be volatile. As the on-chain derivatives sector grows, both Aster and Hyperliquid represent different paths toward the same goal: bringing high-performance trading to decentralised finance. Which model wins will depend not just on vision, but on execution. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Polkadot (DOT) Slips Below $2 — Can the 2026 Bullish Thesis Still Hold?](https://blog.unocoin.com/polkadot-dot-slips-below-2-can-the-2026-bullish-thesis-still-hold/) **Published:** January 28, 2026 **Author:** Unocoin Growth **Content:** Polkadot (DOT) is once again at a critical crossroads. After briefly reviving bullish hopes earlier this month, the momentum has faded, and price action is now leaning bearish. The loss of the key **$2.00 psychological level** has shifted market sentiment, putting sellers back in control and raising fresh questions about DOT’s near-term outlook. At the time of writing, Polkadot is trading near **$1.93**, struggling to regain lost ground. What was once a major support level at $2 has now flipped into **strong resistance**, making any recovery more challenging. This shift in structure signals that traders are now more inclined to sell into strength rather than accumulate aggressively. ### **Technical Breakdown Signals Weakness** From a technical perspective, the chart has deteriorated notably. DOT’s drop below $2 on January 19 confirmed a bearish breakdown, and momentum indicators are reinforcing that narrative. The **MACD histogram has turned negative**, showing that bearish momentum is building. Meanwhile, the **Relative Strength Index (RSI)**, currently hovering around the high-30s, suggests that although the token is no longer deeply oversold, buying pressure remains weak. This leaves room for another potential leg down if support levels fail. The **$1.84–$1.85 zone** has now emerged as the most important short-term support. If DOT loses this range decisively, the downside could accelerate quickly as stop-loss orders and liquidations add pressure. On the 4-hour chart, the price is also trading below a descending trendline, reinforcing the broader downtrend structure. For any meaningful recovery, DOT must first reclaim the **$1.94 resistance** and then push back above the $2 level. Without that, rallies may remain short-lived and vulnerable to renewed selling. ### **Fundamentals Offer Limited Immediate Support** On the fundamental side, Polkadot recently delivered a network upgrade, but the muted market reaction suggests a classic **“sell the news”** event. Much of the optimism may have already been priced in, leaving little fresh catalyst to drive immediate upside. At the same time, broader macro conditions continue to favor large-cap assets like Bitcoin over mid-cap altcoins. With global liquidity still selective and risk appetite cautious, capital flows into DOT have remained subdued. ### **The Long-Term Catalyst: March 2026 Issuance Cut** Despite the current weakness, Polkadot’s longer-term bullish case has not disappeared — it may simply be delayed. A key turning point is expected on **March 14, 2026**, when Polkadot is projected to implement its first major **issuance reduction**, effectively lowering the rate of new token supply. If DOT can stabilize above key support levels heading into that event, the reduced supply dynamics could help reset market sentiment and revive bullish momentum. In such a scenario, longer-term targets above **$3** could re-enter discussions. ### **Bottom Line** For now, Polkadot remains under pressure. The battle to hold **$1.85 support** will likely determine whether the next move is a deeper correction or the start of a stabilization phase. Traders and investors should watch price structure closely, as reclaiming $2 remains the first major signal that bulls are ready to step back in. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [What Happened in Crypto This Week? Polymarket Brings Volatility](https://blog.unocoin.com/what-happened-in-crypto-this-week-polymarket-brings-volatility/) **Published:** January 27, 2026 **Author:** Unocoin Growth **Content:** Crypto traders are used to speculating on whether prices will go up or down. Now, a new set of prediction markets is letting them bet on something different: how wild the ride will be. Decentralized prediction platform Polymarket has launched contracts tied to Volmex’s 30-day implied volatility indices for Bitcoin and Ethereum. Instead of predicting price direction, these markets allow users to wager on whether volatility — a measure of how sharply prices move — will surge to specific levels by the end of 2026. ### **Betting on Turbulence, Not Direction** The two markets, focused on Bitcoin and Ethereum volatility, pay out if Volmex’s indices spike to or above preset thresholds at any point before December 31, 2026. The trigger is based on a one-minute candle, meaning even a brief burst of extreme volatility could settle the contract as “Yes.” In simple terms: - Buying **“Yes”** means you expect **bigger price swings** - Buying **“No”** means you expect **relative stability**This structure gives retail traders access to a strategy that has traditionally been the domain of institutional desks using complex options and volatility futures. ### **What Is Implied Volatility?** Implied volatility reflects the market’s expectation of how much an asset’s price will move in the future. Higher readings signal expectations of sharper price fluctuations, while lower readings indicate calmer conditions. Currently, Bitcoin’s 30-day implied volatility index sits near 40%, while Ethereum’s is around 50%. Early activity on Polymarket suggests traders see roughly a one-in-three chance that these figures could nearly double — to around 80% for BTC and 90% for ETH — at some point in 2026. That’s a significant potential shift, implying expectations of dramatic market conditions ahead. ### **Why This Matters Now** Since the launch of U.S. spot Bitcoin ETFs, the relationship between price and volatility has changed. Historically, rising prices often came with rising volatility. More recently, the correlation has turned negative, meaning volatility spikes are increasingly associated with price declines, not rallies. In other words, a surge in volatility might signal stress, liquidations, or sharp corrections rather than bullish breakouts. By listing these contracts, Polymarket is effectively turning volatility — once a niche derivatives metric — into a mainstream tradin**g narrative**. Retail traders can now express views on market intensity without needing to understand options Greeks or futures curves. ### **A New Era for Volatility Trading** Volmex’s indices (BVIV for Bitcoin and EVIV for Ethereum) are already used as benchmarks in crypto derivatives markets. Integrating them into a simple yes/no prediction format lowers the barrier to entry dramatically. This shift could signal the next evolution of crypto speculation: moving beyond price direction and into market behavior itself. As crypto matures, traders are increasingly focused not just on *where* prices go, but *how violently they get there*. For 2026, the big question may not be whether Bitcoin or Ethereum rise or fall — but just how extreme the journey becomes. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [What’s Happening With Shiba Inu Today? SHIB Price, Ecosystem & Future Outlook](https://blog.unocoin.com/whats-happening-with-shiba-inu-today-shib-price-ecosystem-future-outlook/) **Published:** January 23, 2026 **Author:** Unocoin Growth **Content:** Shiba Inu (SHIB) continues to hold investor attention as it trades in a phase of consolidation, reflecting a market that is stabilizing rather than trending aggressively. Once known primarily as a meme-driven asset, SHIB is gradually evolving into a broader ecosystem-focused project, with increasing emphasis on utility, scalability, and long-term sustainability. As of today, SHIB is trading near **$0.0000085**, showing signs of balance between buyers and sellers after recent volatility. This article explores **SHIB’s current price action, technical indicators, ecosystem progress, and future outlook** as the project moves deeper into 2026. ## **SHIB Price Today: Market Snapshot** Shiba Inu is currently trading in a narrow range between **$0.0000083 and $0.0000086**, reflecting a period of price stabilization. After a modest rally earlier, SHIB has entered a consolidation phase, where selling pressure has eased and buyers are selectively accumulating. This sideways movement suggests that the market is waiting for a catalyst—either from broader crypto momentum or from developments within the Shiba Inu ecosystem itself. ## **Technical Analysis: Mixed but Constructive Signals** From a technical standpoint, SHIB is displaying **neutral-to-positive signals**: - **Relative Strength Index (RSI):** RSI is hovering near neutral levels, indicating neither overbought nor oversold conditions. This gives the price room to move in either direction without immediate exhaustion. - **MACD:** Momentum indicators suggest underlying strength, with bullish signals emerging despite minor price pullbacks. - **Support Zone:** The **$0.0000072–$0.0000074** region remains a key accumulation area where buyers have historically stepped in. - **Resistance Levels:** Immediate resistance lies near **$0.0000090**, which could act as a short-term price target if volume increases. Overall, SHIB’s technical structure points toward stability rather than weakness, which often precedes larger directional moves. ## **Ecosystem Growth: Beyond a Meme Coin** One of the most important shifts in the Shiba Inu project is its **transition from hype to utility**. The ecosystem has been expanding steadily, focusing on long-term relevance rather than short-term speculation. ### **Shibarium: The Backbone of Utility** Shibarium, Shiba Inu’s layer-2 blockchain solution, remains central to the project’s future. It enables: - Faster transactions - Lower fees - Increased scalability As activity on Shibarium grows, it strengthens SHIB’s use case beyond simple trading, positioning it as an ecosystem token rather than just a meme asset. ### **Token Burns: Reducing Supply Over Time** Token burns continue to play a critical role in SHIB’s economic model. By permanently removing tokens from circulation, burn mechanisms introduce **deflationary pressure**, which can support price stability over the long term if demand increases. While burns alone are not enough to drive sustained price growth, they complement ecosystem expansion by improving supply dynamics. ### **Expanding Use Cases** The Shiba Inu ecosystem now includes: - **ShibaSwap**, enabling decentralized trading and liquidity - **Metaverse initiatives**, aimed at digital ownership and engagement - **Ongoing development**, focused on real-world and on-chain utility These efforts reflect a strategic push to establish SHIB as a functional digital asset within a broader ecosystem. ## **Short-Term Outlook: What to Expect Next** In the near term, SHIB is likely to remain **range-bound with a slight bullish bias**. If buying volume strengthens and broader market sentiment improves: - SHIB could see a **3–5% move upward**, testing the **$0.0000090** level. - Failure to hold current levels may lead to a retest of lower support, though strong demand zones are expected to absorb selling pressure. Traders should watch volume trends closely, as consolidation phases often precede volatility. ## **Long-Term Outlook: 2026–2030 Perspective** Looking ahead, SHIB’s long-term performance will depend less on hype and more on **execution and adoption**. Key drivers include: - Continued growth and adoption of Shibarium - Expansion of real-world and digital use cases - Broader crypto market cycles, especially Bitcoin’s performance If ecosystem development continues and market conditions remain supportive: - **2026 outlook:** Gradual appreciation with modest gains as utility increases - **2027–2030 outlook:** Potential for stronger growth if SHIB successfully positions itself as a utility-driven ecosystem token rather than a speculative meme coin However, SHIB remains a high-risk asset, and long-term gains are not guaranteed. ## **Final Takeaway** Shiba Inu is currently in a **stabilization phase**, balancing technical consolidation with meaningful ecosystem development. While short-term price movement remains limited, the project’s focus on utility, scalability, and supply reduction provides a stronger foundation than in earlier market cycles. SHIB’s future will depend on adoption, consistent development, and broader market sentiment. For investors and traders, patience and risk management remain essential when navigating this evolving asset. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Dash Price Prediction 2026: Can DASH Sustain Its Rally Above $88?](https://blog.unocoin.com/dash-price-prediction-2026-can-dash-sustain-its-rally-above-88/) **Published:** January 21, 2026 **Author:** Unocoin Growth **Content:** Dash (DASH) is showing renewed strength as it trades around **$88 today**, marking a decisive recovery after months of consolidation. The recent rally reflects improving market sentiment, rising trading activity, and a strong technical breakout that has shifted momentum firmly in favor of buyers. As the broader crypto market stabilizes entering 2026, Dash is once again drawing attention as a payment-focused cryptocurrency with growing upside potential. This analysis explores Dash’s **current price action, technical outlook, short-term and medium-term price predictions**, and what traders should watch next. ## **Dash Price Today: Market Snapshot** Dash is currently trading near **$88**, posting strong gains over recent sessions. The move higher follows a clear breakout above previous resistance zones, supported by rising volume and improving liquidity. After spending an extended period trading sideways, DASH has re-entered a bullish phase, signaling renewed confidence among traders and investors. The sharp rise suggests that market participants are positioning early ahead of 2026, with Dash benefiting from both technical momentum and broader optimism in established cryptocurrencies. ## **What’s Driving Dash’s Recent Rally?** Several factors are contributing to Dash’s current price strength: - **Breakout from consolidation:** DASH successfully moved above a long-held accumulation range, triggering fresh buying interest. - **Improving market sentiment:** As volatility in the broader crypto market eases, capital is rotating into mid-cap assets with strong historical use cases. - **Rising volume:** Increased participation confirms that the move higher is supported by real demand rather than short-term speculation. Together, these elements have helped Dash reclaim relevance after a quiet phase in the market. ## **Dash Technical Analysis: Bullish Structure Strengthens** From a technical perspective, Dash is currently in a **strong uptrend**. - **Moving Averages:** DASH is trading well above its 20-day, 50-day, 100-day, and 200-day exponential moving averages. All major EMAs are sloping upward, confirming a trend reversal from consolidation to expansion. - **RSI (Relative Strength Index):** The RSI remains elevated, indicating strong bullish momentum. While this suggests buyer dominance, it also leaves room for short-term cooling or consolidation before the next leg higher. - **MACD:** The MACD indicator remains firmly positive, reinforcing the bullish outlook. Momentum is strong, though short pauses are normal after sharp rallies. Overall, the technical structure supports continued upside as long as Dash holds above key support zones. ## **Key Support and Resistance Levels** **Support Levels:** - $82.00 – Immediate short-term support - $78.50 – Strong demand zone - $72.00 – Major structural support **Resistance Levels:** - $92.00 – Near-term resistance - $100.00 – Psychological barrier - $108.00 – Upper breakout target A sustained move above **$92–$95** could open the door for a run toward **$100 and beyond**. ## **Dash Price Prediction: January 2026 Outlook** Based on current market structure and technical momentum, Dash’s outlook for early 2026 remains **bullish with healthy volatility**. If DASH maintains strength above the $85–$88 zone: - **Short-term target:** $95–$100 - **Upside scenario:** $105–$110 if bullish momentum accelerates - **Conservative range:** $82–$90 if the market enters consolidation Assuming stable macro conditions and continued participation from traders, Dash could realistically post an additional **10–20% upside** during the early months of 2026. ## **Daily Dash Price Prediction** In the near term, Dash is likely to remain volatile but biased upward. If buying pressure holds: - DASH could gain **3–5% intraday**, testing the $92–$94 region. - A brief pullback toward $85–$86 would still be considered healthy as long as support remains intact. Strong intraday volume suggests buyers are actively defending dips. ## **Weekly Dash Price Prediction** Looking at a weekly timeframe, Dash appears well positioned for continuation: - A weekly close above $90 could trigger a rally toward **$100–$105**. - If momentum cools, consolidation between **$82 and $92** is likely before the next breakout. As long as Dash remains above its breakout zone, the bullish trend remains valid. ## **Long-Term Outlook: Can Dash Reach $120?** Dash enters 2026 with renewed momentum and improving visibility. As interest grows in established, utility-focused cryptocurrencies, Dash’s role as a fast and cost-efficient payment network strengthens its long-term appeal. If broader crypto adoption accelerates and market conditions remain favorable: - Dash could aim for the **$100–$120 range** over the medium to long term. - Continued ecosystem improvements and sustained liquidity will be key drivers. ## **Final Thoughts** Dash’s move to **$88 today** marks a significant shift in market structure. Strong technical signals, rising volume, and improving sentiment suggest that DASH is no longer in consolidation mode. While short-term volatility is expected, the broader trend favors further upside heading into 2026. As always, crypto markets remain volatile. Traders and investors should manage risk carefully and make informed decisions based on their financial goals. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Best App for Crypto Trading in India | Secure & Low Fee Crypto App](https://blog.unocoin.com/best-app-for-crypto-trading-in-india/) **Published:** January 20, 2026 **Author:** Unocoin Growth **Content:** ## Why Choosing the Best Crypto Trading App in India Matters? Crypto trading in India has matured significantly, with millions of users actively buying and selling digital assets. However, not all platforms are built equally. The **best app for crypto trading** ensures: - Strong security for digital assets - Transparent and low trading fees - Seamless INR deposits and withdrawals - Compliance with Indian regulations - Reliable customer support For Indian users, an **India-first crypto trading app** offers a major advantage over global platforms that are not optimized for local needs. ## What Makes the Best Crypto Trading App in India? ### 1. Security & Trust (EEAT: Trust) A reliable crypto trading app must prioritize user safety through: - Advanced encryption standards - Multi-layer authentication - Secure custody solutions - Proven operational history Platforms with long-term presence and transparent operations build higher trust among Indian users. ### 2. Low & Transparent Fees Trading fees directly impact profitability. The **best crypto trading app in India** offers: - Competitive maker-taker fees - No hidden charges - Clear fee disclosure ### 3. Seamless INR Support Indian traders prefer apps that support: - Direct INR deposits - Fast bank withdrawals - Smooth on-ramp and off-ramp experiences ### 4. Beginner-Friendly Experience (EEAT: Experience) A clean interface, simple buy/sell options, and educational content make crypto accessible to first-time investors. ## Why Unocoin Stands Out as the Best App for Crypto Trading in India Unocoin is one of India’s oldest and most trusted crypto exchanges, operating since **2013**. Built specifically for Indian users, Unocoin focuses on **simplicity, security, and affordability**, making it a strong contender for the **best crypto trading app in India**. ### Key Strengths of Unocoin - India-first crypto exchange - Transparent and low trading fees - Strong focus on security - INR-based crypto trading - Beginner-friendly app and web platform Unocoin’s long-standing presence adds significant **EEAT (Experience, Expertise, Authority, Trust)** value compared to newer platforms. ## Comparison Table: Best Crypto Trading Apps in India FeatureUnocoinOther Indian AppsGlobal Crypto AppsIndia-First PlatformYesPartialNoOperational HistorySince 2013RecentVariesINR Deposit & WithdrawalYesYesLimitedTransparent FeesYesVariesOften ComplexBeginner-Friendly UIYesModerateComplexCustomer Support for IndiaYesLimitedLimitedThis comparison shows why India-focused platforms like Unocoin are preferred by Indian traders. ## Best Crypto Trading App in India for Beginners For beginners, the **best app for crypto trading in India** should offer: - Simple buy and sell options - Clear fee structure - Educational resources - Easy portfolio tracking Unocoin’s user-friendly interface and India-focused design make it ideal for users starting their crypto journey. ## Is Crypto Trading Legal in India? Yes, crypto trading is legal in India. Users can buy, sell, and hold cryptocurrencies on compliant platforms. However, choosing a **trusted crypto trading app in India** with a strong operational history is essential for long-term safety. ## Final Verdict: Which Is the Best App for Crypto Trading in India? The **best app for crypto trading in India** combines security, low fees, INR support, and ease of use. Platforms built specifically for Indian users offer a smoother and safer trading experience. With over a decade of operational experience, transparent pricing, and India-first features, Unocoin strongly aligns with what Indian traders look for in a crypto trading app. ## FAQs: Best App for Crypto Trading in India ### Which is the best app for crypto trading in India? The best app offers strong security, low fees, INR support, and long-term reliability. India-first platforms are generally preferred. ### Is Unocoin safe for crypto trading in India? Unocoin has been operational since 2013 and follows a security-first approach, making it a trusted choice for Indian users. ### Can beginners start crypto trading in India? Yes, beginners can start easily using a simple and beginner-friendly crypto trading app. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Bitcoin Price Drops Sharply Today: What’s Really Behind the Sudden Sell-Off?](https://blog.unocoin.com/bitcoin-price-drops-sharply-today-whats-really-behind-the-sudden-sell-off/) **Published:** January 19, 2026 **Author:** Unocoin Growth **Content:** Bitcoin is once again under pressure today, triggering concern across the crypto market. In a short span of time, **BTC slipped from around $95,000 to below $92,000**, catching many traders off guard. While short-term price drops are not unusual in crypto, this move has been particularly sharp — and the reasons go beyond charts and technical indicators. Let’s break down **what caused today’s Bitcoin drop, how global politics played a role, and what traders should consider next**. ## **Bitcoin’s Sudden Price Drop Explained** Bitcoin had been trading relatively stable near the $95,000 level before sellers stepped in aggressively. Once BTC lost key intraday support, selling pressure accelerated, pushing the price below $92,000. This kind of fast move often leads to panic selling, especially among short-term traders using leverage. However, this decline is not driven by crypto-specific bad news. Instead, the primary trigger comes from **global macro and geopolitical developments**. ## **The Main Reason: Escalating US–Europe Trade War** The biggest catalyst behind today’s Bitcoin drop is **renewed trade tension between the United States and Europe**. Former US President Donald Trump has threatened to impose **tariffs ranging from 10% to 25%** on goods from **eight European countries**, including major economies such as **Germany, France, and the United Kingdom**. These proposed tariffs are part of a broader geopolitical dispute after Trump publicly stated his intention to pursue the acquisition of **Greenland**, a move that European leaders strongly rejected. The resulting political friction has escalated into economic threats, unsettling global markets. Trade wars historically create fear in financial markets because they can: - Disrupt global supply chains - Slow economic growth - Increase inflationary pressure - Reduce international trade activity When uncertainty rises at this scale, investors tend to reduce exposure to volatile assets — and **Bitcoin is still viewed as a high-risk asset in the short term**. ## **Why Geopolitical Tensions Hurt Bitcoin** Although Bitcoin is often promoted as a hedge against traditional finance, **in moments of sudden global stress, it behaves like a risk asset**. During geopolitical conflicts or economic shocks, investors typically move money into safer options such as cash, bonds, or gold. Here’s how global conflict impacts Bitcoin prices: - Investors seek capital preservation rather than growth - Large funds reduce exposure to volatile markets - Risk assets face faster sell-offs than defensive assets As fear spreads, traders sell Bitcoin not because they have lost faith in the asset, but because they want liquidity and safety during uncertain times. ## **Low Liquidity Made the Fall Worse** Another critical factor today is **low market liquidity**. The US is observing **Martin Luther King Jr. Day**, which means traditional financial markets are closed and institutional participation is lower than usual. Low liquidity environments are dangerous because: - Fewer buyers are available to absorb selling pressure - Smaller sell orders can cause larger price moves - Volatility increases rapidly In simple terms, when fewer participants are trading, prices can fall much faster — and that’s exactly what happened today with Bitcoin. ## **Liquidations Added Fuel to the Fire** As Bitcoin slipped below key support levels, **leveraged long positions started getting liquidated**. In crypto markets, many traders borrow money to amplify gains. When prices move against them, exchanges automatically close these positions to prevent losses from growing. This creates a chain reaction: 1. Price falls slightly 2. Leveraged positions are liquidated 3. Forced selling pushes price lower 4. More liquidations occur This liquidation cascade is one of the main reasons Bitcoin drops often look sudden and extreme. ## **Is This a Market Crash or a Healthy Correction?** While the word “crash” is trending on social media, today’s move is better described as a **sharp correction driven by macro fear**, not a collapse of Bitcoin fundamentals. Important points to remember: - There is no network failure or protocol issue - No major exchange has collapsed - Long-term adoption trends remain intact Bitcoin has historically experienced multiple corrections of 10–20% even during strong bull markets. These pullbacks are uncomfortable, but they are also normal. ## **What Traders and Investors Should Do Now** In periods like this, emotional decisions often lead to losses. Instead, consider the following approach: ### **1. Avoid Panic Trading** Reacting emotionally during high volatility usually results in buying high or selling low. ### **2. Let the Market Settle** With geopolitical uncertainty and low liquidity, price discovery may take time. Waiting for stability is often wiser than rushing into trades. ### **3. Watch Key Support Levels** Strong buying interest often emerges near major support zones. Observing how Bitcoin behaves there provides valuable insight. ### **4. Manage Risk Carefully** Reduce leverage, use stop-losses, and avoid oversized positions during unstable conditions. ## **Final Thoughts** Bitcoin’s drop from $95,000 to below $92,000 today is primarily driven by global political tension, risk-off sentiment, low liquidity due to a US holiday, and forced liquidations. While the move is sharp, it does not signal the end of Bitcoin’s long-term story. Markets are reacting to fear — not failure. For now, patience and discipline are key. Let the dust settle, manage risk wisely, and remember that volatility is part of the crypto journey. Stay safe and trade smart. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Bitcoin Tests $92,000 Resistance: A Defining Moment for the Market](https://blog.unocoin.com/bitcoin-tests-92000-resistance-a-defining-moment-for-the-market/) **Published:** January 16, 2026 **Author:** Unocoin Growth **Content:** Bitcoin is once again at a critical crossroads as it **tests the $92,000 resistance level**, a price zone that could determine the direction of the next major market move. This level is not just a number on the chart—it represents a psychological and technical barrier that separates consolidation from acceleration. As global liquidity improves and investor confidence strengthens, Bitcoin’s ability to sustain momentum near this resistance is being closely watched by traders, institutions, and long-term holders alike. ### **Why $92,000 Matters?** The $92,000 zone has emerged as a **strong resistance area due to prior profit-taking, historical price reactions, and heavy trading volume**. When Bitcoin approaches such levels, markets typically pause as short-term traders lock in gains while long-term investors assess broader conditions. Repeated attempts to break resistance often signal strength rather than weakness. Each retest absorbs selling pressure, gradually reducing supply available at that price. If Bitcoin decisively clears $92,000 with strong volume, it could open the door to **price discovery and a rapid move toward new all-time highs**. ### **Market Conditions Favor Strength** Several macro and crypto-specific factors are supporting Bitcoin’s current positioning: - **Improving Global Liquidity:** Expectations of easier monetary conditions are driving capital back into risk assets, with Bitcoin leading the digital asset space. - **Institutional Confidence:** Growing institutional participation continues to provide structural support, reducing downside risk during pullbacks. - **Supply Constraints:** Long-term holders remain largely inactive, keeping circulating supply tight despite rising demand. These conditions suggest that the current resistance test is occurring from a position of strength rather than exhaustion. ### **What Happens If Bitcoin Pulls Back?** Even if Bitcoin faces temporary rejection at $92,000, a controlled pullback should not be viewed as bearish. Healthy bull markets often consolidate after strong rallies, allowing momentum to reset before the next leg higher. Key support zones below resistance act as accumulation areas, where investors with a long-term outlook continue to build positions. Historically, such consolidation phases have laid the groundwork for explosive upward moves once resistance is finally breached. For disciplined investors, pullbacks near major resistance levels often present **strategic accumulation opportunities rather than exit signals**. ### **Investor Psychology at Play** Resistance levels are as much about psychology as they are about technicals. As Bitcoin approaches $92,000, fear of missing out (FOMO) begins to compete with profit-taking. This tug-of-war creates volatility—but also opportunity. A successful breakout could rapidly shift sentiment from cautious optimism to renewed bullish conviction, attracting fresh inflows from both retail and institutional participants. ### **What This Means for Unocoin Investors** For investors on **Unocoin**, Bitcoin’s test of $92,000 reinforces a critical principle: **market-defining moves often emerge after periods of patience and discipline**. Whether Bitcoin breaks out immediately or consolidates further, its long-term trajectory remains supported by strong fundamentals and global adoption trends. Rather than reacting to short-term price fluctuations, experienced investors focus on positioning themselves ahead of major structural moves. ### **The Bigger Picture** Bitcoin testing $92,000 is not a sign of weakness—it is a sign of maturity. Each resistance challenge strengthens the market’s foundation and reinforces Bitcoin’s role as a leading global asset. As the crypto market evolves, moments like these often separate short-term speculation from long-term wealth creation. **Stay ahead of the trend. Accumulate with confidence. Invest in Bitcoin on Unocoin—where market insight meets trusted crypto investing.** Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Venezuela’s Bitcoin Holdings and Price Impact: What It Means for the Crypto Market](https://blog.unocoin.com/venezuelas-bitcoin-holdings-and-price-impact/) **Published:** January 14, 2026 **Author:** Unocoin Growth **Content:** Bitcoin has always been more than just a digital asset—it is a geopolitical instrument, a hedge against instability, and a symbol of financial sovereignty. Recent discussions around Venezuela’s alleged Bitcoin holdings have once again brought this narrative into sharp focus, raising important questions about Bitcoin supply, price volatility, and long-term market confidence. ### **The Venezuela–Bitcoin Narrative** Venezuela has faced years of economic pressure, currency devaluation, and international sanctions. In response, the country has increasingly turned toward alternative financial systems, including cryptocurrency adoption at both retail and institutional levels. Reports suggest that Bitcoin may have been used as a settlement layer for energy exports, capital preservation, and cross-border transactions—positioning BTC as a strategic asset rather than a speculative one. While the exact scale of Venezuela’s Bitcoin exposure remains unverified, the very possibility of **state-level Bitcoin accumulation** has major implications for the global crypto market. ### **Why This Matters for Bitcoin’s Price** Bitcoin’s value is fundamentally driven by **scarcity, demand, and conviction**. With a fixed supply of 21 million coins, any large entity—especially a sovereign player—holding BTC long term can influence market dynamics. If such holdings remain inactive or locked due to geopolitical or legal constraints, the **circulating supply effectively tightens**, supporting higher price levels over time. History shows that reduced supply during periods of rising demand often precedes strong upward price momentum. On the other hand, even rumors of large Bitcoin reserves can temporarily increase volatility as traders react to potential sell-offs or strategic reallocations. However, seasoned investors recognize that **short-term noise does not alter Bitcoin’s long-term value proposition**. ### **Bitcoin’s Growing Role as a Strategic Asset** This situation highlights a much larger trend: **Bitcoin is evolving into a global reserve-style asset**. Governments, institutions, and corporations are increasingly viewing BTC not just as an investment, but as protection against inflation, currency erosion, and geopolitical risk. For emerging economies, Bitcoin offers something traditional systems often cannot—**borderless liquidity, censorship resistance, and monetary predictability**. These qualities reinforce Bitcoin’s relevance in a world where financial power is becoming increasingly decentralized. ### **What It Means for Investors on Unocoin** For Indian investors, these global developments reinforce a key lesson: **Bitcoin’s value is no longer confined to charts and cycles—it is shaped by global events**. Geopolitical adoption strengthens Bitcoin’s legitimacy and long-term outlook, even during periods of short-term volatility. Platforms like **Unocoin** empower investors to participate in this global financial shift with confidence, security, and transparency. Whether you are accumulating Bitcoin for the long run or strategically managing your portfolio, staying invested during transformational moments often defines success. ### **The Bigger Picture** Venezuela’s Bitcoin story—whether fully confirmed or not—serves as a reminder that Bitcoin is no longer optional in global finance. It is becoming a core asset in conversations around sovereignty, resilience, and economic freedom. As adoption expands and supply tightens, Bitcoin’s role in shaping the future of money continues to grow—and informed investors are positioning themselves early. Start your Bitcoin journey today with Unocoin—where global crypto trends meet trusted investing. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Ethereum’s ‘Hegota’ Upgrade: A Faster, Leaner Roadmap for 2026](https://blog.unocoin.com/ethereums-hegota-upgrade-a-faster-leaner-roadmap-for-2026/) **Published:** January 9, 2026 **Author:** Unocoin Growth **Content:** Ethereum’s development roadmap is entering a new phase of acceleration. Core developers have confirmed that **“Hegota”** will be the network’s **second major protocol upgrade of 2026**, tentatively scheduled for the **second half of the year**. This upgrade will follow **“Glamsterdam,”** which is expected to go live in the first half of 2026. The announcement marks more than just a naming milestone. It signals a deliberate shift in how Ethereum evolves—away from infrequent, monolithic upgrades and toward a **faster, more modular release cadence** designed to keep pace with the network’s growing scale and complexity. ## **A New Upgrade Rhythm for Ethereum** Historically, Ethereum bundled large numbers of changes into upgrades that shipped roughly once per year. While this approach ensured stability, it also drew criticism as Ethereum’s usage expanded across DeFi, NFTs, Layer-2 networks, and enterprise applications. In response, Ethereum’s core contributors have adopted a **more frequent upgrade strategy**, aiming to deliver improvements incrementally rather than delaying features for extended periods. Hegota represents the continuation of this philosophy, following closely on the heels of Glamsterdam. By splitting major changes across multiple upgrades within a single year, developers hope to reduce bottlenecks, speed up innovation, and respond more effectively to community and ecosystem demands. ## **Positioning Hegota After Glamsterdam** Glamsterdam remains the immediate focus for developers and is expected to define Ethereum’s direction in early 2026. The full scope of Glamsterdam is still being finalized, with clarity expected after upcoming developer meetings. As a result, **Hegota’s feature set has not yet been locked in**. However, Ethereum’s development history provides important clues. In previous cycles, proposals that were not ready in time for one upgrade were often deferred to the next. Developers anticipate a similar pattern this time, meaning Hegota may inherit postponed improvements from Glamsterdam. This rolling handoff allows Ethereum to maintain momentum without compromising technical rigor. ## **Verkle Trees: A Potential Cornerstone Feature** One of the most widely discussed candidates for inclusion in Hegota is **Verkle Trees**, an advanced data structure designed to improve how Ethereum stores and verifies blockchain data. If implemented, Verkle Trees could significantly reduce the storage and bandwidth requirements for running an Ethereum node. Today, full nodes demand substantial hardware resources, which can act as a barrier to participation. Lowering these requirements would allow more users to operate nodes, strengthening **network decentralization and resilience**. In practical terms, Verkle Trees could make Ethereum lighter, more efficient, and more accessible—key attributes as the network continues to scale globally. ## **Execution and Consensus: What’s in the Name?** Ethereum upgrade names follow a familiar convention: a combination of a Devcon host city and a star name, reflecting changes across both the execution and consensus layers. “Hegota” derives its name from: - **Bogota**, representing the execution layer - **Heze**, representing the consensus layer This dual naming highlights Ethereum’s commitment to evolving both layers in tandem, ensuring that improvements to performance, security, and efficiency are coordinated across the protocol stack. ## **Building on Recent Upgrades** Hegota will build on the momentum created by earlier upgrades. Recent releases introduced features such as **PeerDAS**, which improves data availability for rollups, and laid groundwork for major architectural changes like **Proposer-Builder Separation (PBS)**. With Glamsterdam expected to include block-level access lists and enshrined PBS, Hegota may focus on refining Ethereum’s underlying data structures and node economics—critical foundations for long-term scalability. Rather than headline-grabbing changes, Hegota’s impact may be felt through **incremental but foundational improvements** that enhance network health over time. ## **Why This Matters for Ethereum’s Future** The importance of Hegota lies not just in its individual features, but in what it represents: **Ethereum’s transition from episodic upgrades to continuous evolution**. As Ethereum supports trillions of dollars in value across decentralized finance, real-world asset tokenization, and enterprise use cases, the network can no longer afford long development pauses. Faster iteration allows Ethereum to remain competitive while maintaining its core values of decentralization and security. For developers, this means quicker access to protocol improvements. For node operators, it could mean lower costs and easier participation. For the broader ecosystem, it signals a blockchain that is actively adapting rather than standing still. ## **Looking Ahead to Late 2026** While many details around Hegota remain undecided, its tentative placement in late 2026 underscores Ethereum’s commitment to a **high-tempo development roadmap**. As Glamsterdam’s scope becomes clearer, expectations for Hegota will sharpen. What is already clear is that Ethereum’s leadership recognizes the need for speed, flexibility, and responsiveness. Hegota is not just another upgrade—it is part of a broader strategy to ensure Ethereum remains the backbone of the decentralized economy well into the next decade. As 2026 approaches, Ethereum’s roadmap reflects a network evolving not only in technology, but in mindset—focused on sustainable growth, continuous improvement, and long-term relevance. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Crypto Market Outlook 2026: From Bull Run to Structural Expansion](https://blog.unocoin.com/crypto-market-outlook-2026-from-bull-run-to-structural-expansion/) **Published:** January 7, 2026 **Author:** Unocoin Growth **Content:** As 2025 comes to a close, the crypto market has entered a defining transition. The central question for investors is no longer whether the bull run occurred—it clearly did—but whether the momentum can evolve into a sustained structural expansion through 2026. Bitcoin’s historic peak in 2025, powered by spot ETF inflows and institutional participation, marked a turning point for digital assets. What lies ahead is not a repeat of past speculative cycles, but a more selective, liquidity-driven phase where capital discipline, macro signals, and infrastructure maturity will define performance. For Unocoin users, this phase demands a shift in strategy—from chasing broad rallies to positioning around high-conviction assets, strong market structure, and long-term adoption trends. ## **Bitcoin’s 2025 Peak: A New Kind of All-Time High** Bitcoin crossed a major psychological threshold in 2025 by moving decisively beyond six figures and setting a cycle high near **$126,000**. Unlike earlier rallies driven largely by retail leverage, this move was anchored in **regulated institutional demand**. Spot Bitcoin ETFs acted as the primary catalyst, drawing sustained inflows from asset managers, wealth advisors, and corporate allocators. This created a persistent bid that absorbed supply even during periods of macro uncertainty. However, as monetary policy signals fluctuated and profit-taking emerged near the highs, Bitcoin entered a corrective phase rather than continuing in a straight line. The resulting pullback was orderly, reflecting consolidation rather than structural weakness—a key distinction that separates this cycle from prior boom-and-bust patterns. ## **Institutional Bitcoin: The Structural Bid** The approval and rapid growth of spot Bitcoin ETFs fundamentally changed market mechanics. Large asset managers now hold substantial Bitcoin reserves, creating a base layer of demand that did not exist in previous cycles. For long-term investors, this development is critical. ETF-led accumulation tends to be methodical and less reactive to short-term volatility. This has introduced greater price stability, improved liquidity, and deeper market confidence. Corporate treasury participation has further reinforced Bitcoin’s role as a strategic reserve asset. Increasingly, companies view BTC as a hedge against long-term currency debasement rather than a speculative trade. This evolving perception strengthens Bitcoin’s position as **digital gold**, particularly in an environment of high global debt and ongoing monetary experimentation. ## **What Will Matter Most in 2026** As markets look ahead to 2026, short-term narratives are giving way to structural signals. The following factors will be most influential: ### **1. Global Liquidity Conditions** Any shift toward monetary easing—whether through rate cuts or balance-sheet expansion—would significantly benefit risk assets. Bitcoin has historically responded strongly to improving liquidity environments, and this cycle appears no different. ### **2. Institutional Market Structure** Spot ETFs and regulated custody solutions are now embedded in the ecosystem. This has tightened circulating supply while providing institutions with compliant access, supporting higher long-term price floors. ### **3. On-Chain Supply Dynamics** Exchange balances continue to trend lower, while long-term holders show consistent accumulation behavior. At the same time, stablecoin supply growth suggests sidelined capital is positioning for future deployment. ### **4. Regulatory Progress** Clearer frameworks across major jurisdictions have reduced headline risk for institutions. Rather than suppressing innovation, structured regulation is enabling capital formation and product expansion. ## **Is the Crypto Bull Run Still Valid?** As of late 2025, the broader crypto market remains in a **cooling but constructive** phase. Total market capitalization has moderated from earlier peaks, reflecting consolidation rather than collapse. Bitcoin continues to command market leadership, both in dominance and narrative strength. While short-term volatility has increased, the underlying drivers of the current cycle—institutional adoption, real-world use cases, and infrastructure maturity—remain intact. For disciplined investors, this environment resembles a **mid-cycle pause**, not a definitive top. ## **Bitcoin Price Structure: Late 2025 Snapshot** Bitcoin is currently trading below its cycle highs, holding above key demand zones formed during the ETF-driven rally. While short-term momentum indicators remain mixed, selling pressure has visibly slowed. Repeated tests of support have attracted buyers, suggesting that downside risk is increasingly being absorbed. A sustained move back above key resistance levels would likely restore bullish momentum, while further consolidation would continue to build a base for the next expansion. Importantly, Bitcoin dominance has risen during this phase, highlighting its role as the market’s defensive anchor. ## **Ethereum and Altcoins: Selective Opportunity, Not Broad Rotation** Ethereum has lagged Bitcoin in recent months, trading below major psychological levels as institutional profit-taking and technical breakdowns weighed on price. However, its long-term fundamentals—staking demand, Layer-2 growth, and real-world asset tokenization—remain strong. Across the broader altcoin market, performance has become increasingly fragmented. Rather than a synchronized rally, capital is rotating into **specific narratives** such as decentralized infrastructure, AI-linked protocols, and select DeFi use cases. For Unocoin users, this reinforces the importance of **selectivity**. The next phase of the cycle will reward assets with real adoption drivers, not speculative excess. ## **DeFi and Retail Signals: A Measured Revival** Decentralized finance has shown renewed strength, supported by improved scalability, capital efficiency, and institutional-grade products. Growth in total value locked reflects genuine utility rather than purely speculative inflows. At the same time, retail participation is returning through gamified and social-driven models. While these segments add energy to the ecosystem, sustainability will depend on sound tokenomics and long-term engagement rather than short-term hype. This balance between institutional capital and retail experimentation is a hallmark of a maturing market. ## **India’s Role in the Next Crypto Phase** India continues to emerge as one of the most important crypto markets globally. Despite tax and regulatory challenges, adoption has grown steadily, driven by a young, tech-savvy population and increasing awareness of digital assets as a long-term investment class. For Indian investors, platforms like Unocoin play a critical role in bridging global innovation with local accessibility. INR-based trading, regulatory alignment, and long-standing trust position Unocoin users to participate responsibly in the evolving crypto economy. As regulatory clarity improves, India’s contribution to global crypto liquidity and innovation is likely to expand further into 2026. ## **What to Expect in 2026** The next phase of the crypto cycle is unlikely to mirror the explosive, broad-based rallies of earlier years. Instead, it is shaping up to be: - **Bitcoin-led**, with dominance remaining elevated during macro uncertainty - **Institutionally anchored**, reducing extreme volatility - **Narrative-driven**, with selective upside in high-conviction sectors - **Timing-sensitive**, rewarding disciplined capital allocation If global liquidity conditions turn favourable and Bitcoin stabilises above key levels, the groundwork could be laid for renewed expansion by mid-2026. ## **Conclusion: Positioning for the Next Chapter** As 2025 concludes, the crypto market stands at a strategic inflexion point. The transition from speculative exuberance to structural adoption is well underway. For Unocoin users, this environment favours patience, quality, and informed positioning. Bitcoin’s role as the market’s foundation remains intact, while Ethereum and select altcoin sectors offer asymmetric opportunities for those willing to navigate volatility. The next bull phase will not be defined by speed—but by sustainability. And those positioned early, with discipline and clarity, stand to benefit most as crypto continues its evolution into a global financial asset class. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [XRP’s ETF Breakthrough: $64M Inflows Signal Institutional Awakening](https://blog.unocoin.com/xrps-etf-breakthrough-64m-inflows-signal-institutional-awakening/) **Published:** January 5, 2026 **Author:** Unocoin Growth **Content:** XRP has entered a decisive new phase in its market evolution. The recent XRP Exchange-Traded Fund (ETF) recording **$64 million in inflows** marks a pivotal shift—from a token long dominated by retail speculation and legal headlines to a digital asset gaining structured institutional acceptance. While the figure may seem modest compared to Bitcoin ETFs, its strategic importance for XRP cannot be overstated. For years, XRP’s narrative revolved around cross-border payments and enterprise utility, often overshadowed by regulatory uncertainty. The ETF inflows represent something far more powerful than short-term price action: **validation**. Institutional capital does not chase hype—it seeks regulatory clarity, liquidity depth, and long-term relevance. The XRP ETF signals that major investors now see XRP as a viable financial instrument rather than a speculative outlier. From a **price analysis perspective**, XRP’s chart structure reflects this transition. Following prolonged consolidation phases, XRP has shown signs of accumulation, with higher lows forming above key long-term support zones. ETF inflows act as a stabilizing force, absorbing sell pressure and reducing volatility spikes typically associated with retail-driven rallies. Historically, assets that enter the ETF ecosystem experience tighter spreads, improved liquidity, and more disciplined price discovery—conditions favorable for sustainable upside. Short-term resistance remains a factor, particularly near prior cycle highs where supply historically enters the market. However, the presence of institutional demand changes the dynamics. Instead of sharp rejection, resistance zones are increasingly tested through gradual absorption—a classic sign of **smart money positioning**. If broader market conditions remain constructive, XRP could transition from range-bound behavior into a trend-driven move. Beyond price, the ETF milestone reshapes XRP’s **macro narrative**. Institutions are not merely betting on price appreciation; they are positioning for XRP’s role in future payment infrastructure, liquidity corridors, and tokenized settlement frameworks. As banks and financial intermediaries explore blockchain-based efficiency, XRP’s speed and cost advantages align naturally with institutional use cases. The ETF acts as a bridge, allowing traditional capital to gain exposure without direct custody or operational complexity. That said, risks remain. XRP is still sensitive to overall market liquidity, Bitcoin dominance cycles, and regulatory developments across jurisdictions. ETF inflows do not guarantee uninterrupted upside, and near-term pullbacks are natural as the market digests gains. However, unlike previous cycles, corrections are increasingly met with structured demand rather than panic selling. In a broader context, XRP’s ETF success reflects a changing crypto landscape. Bitcoin established legitimacy, Ethereum built infrastructure, and now select altcoins are entering institutional portfolios based on **utility-driven relevance**. XRP’s $64 million inflow may be just the beginning, but it clearly signals that the asset is no longer operating on the fringes. As 2026 approaches, XRP’s journey is shifting from speculation to strategy. The ETF breakthrough is not just a headline—it is a foundation for a new phase of institutional participation, price stability, and long-term market maturity. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [AI & Crypto: The Most Explosive Intersection of 2025](https://blog.unocoin.com/ai-crypto-the-most-explosive-intersection-of-2025/) **Published:** December 26, 2025 **Author:** Unocoin Growth **Content:** If there’s one place where the future is being built at lightning speed, it’s at the intersection of Artificial Intelligence (AI) and Cryptocurrency. Separately, they’re powerful. Together, they’re redefining technology, economics, and human potential. AI is learning the world. Crypto is rebuilding the world. And the fusion of both is turning into the biggest tech wave since the internet itself. ## **Why AI + Crypto Is Becoming the Hottest Narrative** The entire digital ecosystem is shifting to automation, autonomy, and decentralisation — all powered by AI and secured through blockchain. Here’s why this intersection is booming: ### **✔ AI needs blockchain** For transparency, data integrity, tamper-proof training datasets, and secure AI-to-AI communication. ### **✔ Crypto needs AI** For smarter trading, autonomous agents, on-chain optimisation, and next-generation user experiences. ### **✔ Users want both** People don’t want just smart contracts — they want smart ecosystems that think, learn, and evolve. This is why AI + Crypto projects have outperformed most sectors in 2025. ## **What AI Agents + Blockchain Can Do** In the new economy, AI agents will not just respond to humans — they will transact, pay, trade, and own digital assets. ### **Imagine this:** - An AI agent managing your DeFi portfolio - An AI chatbot paying for cloud storage using crypto - Autonomous trading bots earn yield 24/7 - AI-driven DAOs running companies without human bias - AI verifying identity, creditworthiness, and security in seconds This isn’t sci-fi. This is already happening — and scaling at exponential speed. ## **Use Cases Transforming the World** ### **1. AI-Powered Trading & Arbitrage Bots** AI models analyse millions of data points per second, identifying micro-opportunities humans can’t catch. The result? A new generation of hyper-intelligent trading agents running on-chain. ### **2. Autonomous AI Wallets & Payments** AI can now: - Manage your keys - Allocate funds - Optimise gas fees - Execute payments - Predict market volatility Crypto gives these agents the freedom to transact on their own. ### **3. AI + DeFi = Real Smart Contracts** Smart contracts today are rules. Smart contracts with AI become strategists. Imagine: - A lending protocol that adjusts interest rates using AI - A DEX that predicts liquidity needs - A yield vault that rebalances automatically ### **4. AI-Generated Digital Assets (NFTs, Tokens, Worlds)** AI can create: - Characters - Music - Virtual worlds - Programmable NFTs - Entire tokenized ecosystems Blockchain gives them ownership, rarity, and value. ### **5. AI-Enhanced Security & Fraud Prevention** AI catches: - Rug pulls - Bot attacks - On-chain anomalies - Contract exploits before they even happen. Crypto becomes safer. AI becomes smarter. ## **The Billion-Dollar Future Ahead** Analysts predict AI + Crypto could become a $10 trillion sector by 2030. **Why?** Because it’s not just a new technology — it’s the new internet, one that thinks, learns, adapts, and transacts. AI provides intelligence. Crypto provides trust. Together, they create unstoppable innovation. If Web3 was the spark, AI + Crypto is the wildfire. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** AI, Crypto --- ### [Regulatory Clarity & Institutional Participation — Crypto Is Finally Going Mainstream](https://blog.unocoin.com/regulatory-clarity-institutional-participation-crypto-is-finally-going-mainstream/) **Published:** December 19, 2025 **Author:** Unocoin Growth **Content:** For more than a decade, crypto lived in the wild — a global financial revolution growing faster than the rules that tried to contain it. But now, something historic is happening… Governments are setting clearer regulations. Institutions are entering with billions. And crypto is officially becoming a mainstream asset class. What the internet was in 1999, crypto is in 2025. Except this time, the world is ready. ## **Regulatory Clarity: The Breakthrough Crypto Needed** For years, the biggest question around crypto wasn’t innovation — it was regulation. “How will governments treat digital assets?” “Is crypto safe for banks?” “Will rules kill or accelerate the industry?” Today, the answers are finally here. Across major economies, one theme is emerging: **Clear rules. Better frameworks. Stronger compliance.** ### **What regulatory clarity brings:** ✔ Institutional confidence ✔ Reduced fraud and scams ✔ Safer exchanges and custodians ✔ Legal pathways for tokenized assets ✔ Green light for innovation Regulation isn’t slowing crypto down — **it’s unlocking the next trillion-dollar chapter.** ## **Institutional Participation: The Big Money Has Arrived** Once upon a time, crypto was retail-driven. Today, the world’s largest financial players are stepping in: - **Hedge funds** are building crypto divisions. - **Banks** offer digital asset custody. - **Corporations** add BTC and ETH to balance sheets. - **ETFs** are breaking inflow records. - **Sovereign funds** are exploring Bitcoin as an alternative reserve. The message is clear: **Crypto is no longer experimental — it’s essential.** Institutional adoption has brought stability, liquidity, credibility, and global visibility to the industry. This is why Bitcoin trades like digital gold. This is why Ethereum powers enterprise blockchains. This is why stablecoins are becoming settlement rails for banks. ## **Crypto Is Officially Part of the Global Financial System** The merging of traditional finance (TradFi) and decentralized finance (DeFi) is happening right now: ### **✔ Tokenized bonds** Banks are issuing government bonds on blockchain. ### **✔ Tokenized real estate** Properties are being fractionalized into digital assets. ### **✔ Regulated stablecoins** USD-backed stablecoins are becoming the new global payment standard. ### **✔ Bitcoin & ETH ETFs** Millions of new investors can access crypto through regulated products. What was once revolutionary is now standard financial infrastructure. **Crypto is no longer an outsider. It’s becoming the backbone.** ## **Why Mainstream Adoption Changes Everything** As regulatory clarity increases and institutions ramp up participation, crypto enters its most powerful phase: - **More trust → More adoption** - **More adoption → More demand** - **More demand → Stronger long-term price growth** This is how early technologies cross from niche communities to global dominance. Crypto is at that tipping point right now. The next wave of wealth will come from: 🔹 Bitcoin as digital gold 🔹 Ethereum as the world’s settlement layer 🔹 Stablecoins as global payment rails 🔹 Tokenized RWAs as a trillion-dollar asset class 🔹 Regulated exchanges powering mainstream access The future is not coming — **it has arrived**. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [DeFi & Web3 Growth — From Wild Experiments to Real-World Utility](https://blog.unocoin.com/defi-web3-growth-from-wild-experiments-to-real-world-utility/) **Published:** December 24, 2025 **Author:** Unocoin Growth **Content:** There was a time when DeFi and Web3 were just bold ideas — digital playgrounds where developers experimented and dreamers speculated. Fast-forward to 2025, and everything has changed. **DeFi is no longer a test. Web3 is no longer a concept. Together, they’ve become the backbone of a new digital economy.** The shift is massive, global, and unstoppable. What the internet did to information, DeFi + Web3 are doing to finance, identity, and ownership. ## **DeFi: From Yield Farms to Real Financial Infrastructure** In the early days, DeFi was seen as chaotic — high APRs, risky farms, and experimental protocols. But those experiments built the foundation for what DeFi has become today: ### **✔ A full-fledged alternative to traditional finance.** Borrowing, lending, trading, saving — everything is transparent, permissionless, and available 24/7. ### **✔ Billions locked across major protocols.** DeFi now rivals mid-sized banks in liquidity and daily activity. ### **✔ Institutions tapping DeFi liquidity.** Banks and funds use DeFi for efficient execution, collateralization, and yield. ### **✔ Real-world assets (RWAs) powering DeFi 2.0.** Treasuries, invoices, real estate, and commodities are being tokenized and deployed as collateral on-chain. This is not a casino anymore. This is **the evolution of global finance**. ## **Web3: Ownership, Identity & Digital Freedom** Web3 is giving the world something the old internet never did — **true ownership**. You don’t just *use* platforms. You *own* pieces of them. ### **Web3 is built on three pillars:** - **Digital identity you control - **Assets you truly own - **Applications that run without middlemen And this is creating real utility everywhere: ### **Real Use Cases Already Taking Over** **E-commerce:** Blockchain-based loyalty points, tokenized coupons, seller-NFT access **Gaming:** Play-to-earn evolving into real digital economies **Creators:** Royalties, memberships, and token-gated communities **Finance:** Wallets replacing banks for millions **Social Apps:** Own your data and earn from your engagement What started as a Web3 “movement” is now a **functional digital lifestyle**. ## **DeFi + Web3 = The New Digital Economy** Individually, DeFi and Web3 are powerful. Together, they are rewriting the rules of how the world works. Here’s what happens when they merge: ### **Money flows seamlessly across apps** Your wallet becomes your identity, your bank, and your gateway to all Web3 platforms. ### **Smart contracts automate business logic** Payroll, subscriptions, marketplace payments — everything becomes instant and trustless. ### **Tokenization creates global access** Anyone can invest in assets once limited to the ultra-rich. ### **Developers build unstoppable ecosystems** Apps aren’t controlled by corporations — they live on the blockchain. This new civilization of apps, assets, and identities is not just better — **it’s fairer, faster, and open to everyone**. ## **Why DeFi & Web3 Are Winning** The world is shifting from centralized power to user-owned networks. Because people want: ✔ Control ✔ Transparency ✔ Global access ✔ Instant finance ✔ Digital ownership DeFi delivers the money. Web3 delivers the identity. Together, they deliver **freedom**. This is not the future. **It’s the new default.** Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Stablecoins & Global Payments: The Future of Financial Infrastructure Is Already Here](https://blog.unocoin.com/stablecoins-global-payments/) **Published:** December 22, 2025 **Author:** Unocoin Growth **Content:** In a world where money moves slower than messages, **stablecoins have become the global upgrade the financial system didn’t know it desperately needed. From cross-border payments to institutional settlements, stablecoins are transforming the global economy into a faster, cheaper, and more open machine. For decades, international payments have been trapped inside an outdated maze: high fees, multiple intermediaries, slow settlement times, and endless compliance checks. A simple overseas transaction could take days — and sometimes cost more than the payment itself. Then came **stablecoins**, and suddenly everything changed. ## **Stablecoins: The Bridge Between Traditional Finance and Crypto** Unlike volatile cryptocurrencies, stablecoins are designed to stay steady, backed by USD, gold, treasuries, or other real assets. This stability is the reason governments, banks, fintech giants, and billion-dollar institutions have begun adopting them at record speed. Think of stablecoins as digital dollars with superpowers: - They move instantly - They cost pennies to transfer - They work 24/7 - They’re programmable - They’re accessible worldwide This makes them the perfect foundation for the next generation of global payments. ## **Global Payments Revolution: Faster, Cheaper, Smarter** Every year, people and businesses send **trillions of dollars** across borders. But traditional rails like SWIFT are slow and expensive. Stablecoins eliminate nearly all friction. **Why banks and fintechs love stablecoins: ✔ Instant settlement instead of 2–7 days ✔ Up to 95% lower transaction costs ✔ No intermediaries or fragmented networks ✔ Trackable, transparent transactions ✔ Borderless movement across continents Today, millions of users rely on stablecoins like financial lifelines — from freelancers paid in USDT to global merchants accepting USDC, to investors hedging against inflation. And this is only the beginning. ## **Financial-Infrastructure Integration: The Merging of Old Money and New Tech** Behind the scenes, a silent revolution is happening: **blockchain is being plugged directly into banks, exchanges, payment gateways, and traditional finance systems**. This integration is the reason stablecoins are scaling faster than any financial innovation in history. ### **🔧 Real-World Integrations Already Live** 🏦 Banks settling internal transfers with stablecoins 💳 Payment processors enabling USDC payments 📲 Mobile wallets supporting instant cross-border payouts 💼 Institutions using tokenized treasuries for yield 🛒 Businesses accepting stablecoins for e-commerce Stablecoins are no longer just “crypto”— **they are becoming core financial infrastructure.** Even governments and central banks recognize the shift, with CBDCs and regulated stablecoins being built to coexist in a new digital money ecosystem. ## **🌍 Why Stablecoins Are the Future of the Global Economy** Stablecoins don’t just improve payments — They **redefine what money can do**. They make global finance: - **Inclusive** (anyone can access digital dollars) - **Efficient** (near-zero fees) - **Transparent** (trackable and auditable) - **Scalable** (from microtransactions to billion-dollar settlements) Within the next 5 years, analysts predict stablecoin transaction volume could overtake Visa and Mastercard combined. This isn’t a trend. This is the new financial operating system of the world. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [How to Convert Crypto to INR | Easy & Secure Crypto Withdrawal in India](https://blog.unocoin.com/how-to-convert-crypto-to-inr-easy-secure-crypto-withdrawal-in-india/) **Published:** February 19, 2025 **Author:** Unocoin Growth **Content:** ## Introduction: Why Converting Crypto to INR is Important With cryptocurrency adoption growing in India, investors often need to convert their digital assets into INR securely and efficiently. Whether you’re cashing out profits, making payments, or liquidating your holdings, knowing the right methods ensures a smooth and hassle-free process. This guide walks you through the best and safest ways to convert cryptocurrency to INR and withdraw funds to your bank account while ensuring seamless **crypto withdrawal in India**. --- ## Best Ways to Convert Crypto to INR ### 1. Using a Crypto Exchange (Recommended) The most secure and reliable method is through a regulated cryptocurrency exchange like Unocoin which allows users to **convert crypto to INR** and withdraw INR directly to their bank account. #### **How It Works:** - [Sign up on India’s trusted exchange Unocoin](https://unocoin.com/in/home?type=sign-up&utm_source=blog&utm_medium=website) and complete KYC verification. - Deposit cryptocurrency into your exchange wallet. - Sell your crypto for INR using the instant sell or market order feature. - Withdraw INR directly to your registered bank account. #### **Why Choose This Method?** ✔️ **Safe & Secure** – Exchanges follow strict security protocols. ✔️ **Instant Withdrawals** – Fast processing with direct INR transfer. ✔️ **Transparent Fees** – Competitive and low transaction costs. --- ### 2. Peer-to-Peer (P2P) Trading P2P platforms facilitate direct transactions between buyers and sellers without intermediaries and are another way to **exchange crypto for INR**. #### **How It Works:** - Select a trusted P2P exchange. - List your crypto for sale and find a buyer. - The buyer transfers INR to your bank account. - Release crypto after receiving the payment confirmation. #### **Pros & Cons:** ✔️ No middlemen, direct transactions. ✔️ Can get better exchange rates. ❌ Requires trust between buyer and seller. ❌ Slightly longer process than exchanges. --- ### 3. Crypto to INR via Gift Cards & Vouchers Some platforms allow you to **cash out cryptocurrency in India** by exchanging crypto for gift cards used at major retailers. #### **How It Works:** - Choose a platform that offers crypto-to-gift card conversions. - Exchange your crypto for a digital voucher. - Redeem the voucher at accepted merchants. #### **Pros & Cons:** ✔️ Quick alternative for spending crypto. ✔️ No need for a bank transfer. ❌ Limited options for INR cash withdrawal. --- ## Step-by-Step Guide: Convert Crypto to INR via Exchange ### **Step 1: Create an Account on a Unocoin Exchange** - Sign up and complete KYC verification for secure transactions. ### **Step 2: Deposit Cryptocurrency** - Transfer your crypto from an external wallet to a Unocoin exchange. If you’re just starting out, learn [how to buy Bitcoin in India with as little as ₹100.](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/) ### **Step 3: Sell Crypto for INR** - Select Bitcoin (BTC), Ethereum (ETH), or other supported cryptocurrencies. - Choose between instant sell or limit orders. ### **Step 4: Withdraw INR to Your Bank Account** - Enter your bank details and request a withdrawal. - Confirm withdrawal and receive funds in 7 to 15 days. --- ## Things to Consider Before Cashing Out Crypto Want to know which cryptocurrencies are worth holding before converting them? Check out our guide on choosing the[ best cryptocurrency to buy in India.](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/) ### **A. Tax Implications** - In India, **crypto selling** is subject to taxation (30% on profits + 1% TDS deduction). - Keep track of your transactions for tax filing. (Usually, unocoin dose this on your behalf.) ### **B. Transaction Fees** - Exchanges charge a small withdrawal fee—always check the latest fee structure before withdrawing. ### **C. Market Prices & Timing** - Crypto prices fluctuate; withdrawing at the right time can maximise profits. - If you’re thinking about long-term investments, explore [crypto investment strategies](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/) that can help you maximise returns before cashing out. --- ## Frequently Asked Questions (FAQs) ### **1. What is the fastest way to convert crypto to INR?** Using a regulated exchange ensures instant INR withdrawals. ### **2. Can I withdraw INR to any bank account?** Yes, but the bank account must be linked to your verified exchange account. ### **3. Is crypto withdrawal legal in India?** Yes, cryptocurrency withdrawals and transactions are legal but subject to taxation. ### **4. How long does it take to receive INR in my bank?** Withdrawals typically take a few minutes to 24 hours, depending on bank processing times. ### **5. Are there any withdrawal limits?** Most exchanges have daily withdrawal limits—check their withdrawal policies for updated limits. --- ## Conclusion: Cashing Out Crypto Made Simple With multiple options available, using a regulated exchange remains the easiest and most secure way to **convert crypto to INR**. Whether you choose an exchange, P2P trading, or other methods, always prioritise security and compliance. 💡 **Tip:** Plan your withdrawals smartly to minimise fees and maximise profits. **Ready to cash out your crypto? [Start today!](http://unoco.in/app?utm_source=blog&utm_medium=website)** Please find the list of authentic Unocoin accounts for all your queries below: - Twitter: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** BTC to INR, Convert crypto to inr, Crypto to INR --- ### [The Rise of Tokenized Real-World Assets (RWAs): The Future of Global Wealth Is Going On-Chain](https://blog.unocoin.com/the-rise-of-tokenized-real-world-assets-rwa/) **Published:** December 17, 2025 **Author:** Unocoin Growth **Content:** A silent revolution is underway—one that is bigger than memecoins, bigger than NFTs, and even bigger than the last DeFi wave. It’s the rise of Tokenised Real-World Assets (RWAs), and it is rapidly becoming the most powerful catalyst behind the next trillion-dollar crypto expansion. For the first time in history, the world’s traditional assets—gold, real estate, treasury bonds, commodities, invoices, carbon credits, and even luxury collectables—are being digitised and moved onto blockchain networks. And investors around the world are witnessing what was once impossible: fractional ownership of assets previously reserved for banks, institutions, and billionaires. This is not hype. This is the practical, real-world use case crypto has been waiting for. ## **Why RWAs Are Exploding in 2025** The momentum is unstoppable. Governments, banks, asset managers, and tech companies are all racing to bring trillions of dollars worth of assets on-chain. Why? ### **1. Unmatched Transparency & Security** Blockchain eliminates paperwork, middlemen, and slow settlement cycles. Every asset is verifiable, traceable, and secure—something the traditional financial system has never achieved at scale. ### **2. Lightning-Fast Global Accessibility** RWAs allow anyone—from a student to a multimillion-dollar investor—to buy fractions of high-value assets. A $5 million real estate property can now be purchased in $50 increments. Wealth creation is no longer limited to the elite. ### **3. Massive Institutional Adoption** Global giants are entering the space with purpose. Tokenised bonds, tokenised treasury bills, and tokenised funds are becoming Wall Street’s new obsession. Institutions are chasing yield, efficiency, and global liquidity—and RWAs deliver all three. ### **4. A Bridge Between Traditional Finance and DeFi** RWAs are turning DeFi into something bigger: **A financial system backed by real, tangible value. Stable yields, secured loans, and real-asset-backed tokens are feeding liquidity like never before. ## **How RWAs Unlock a New Wealth Era** RWAs do something extraordinary: They democratize wealth. Owning a piece of a luxury hotel in Dubai, a high-demand warehouse in Singapore, a gold reserve in Switzerland, or a U.S. Treasury bond no longer requires connections or millions. Tokenisation opens opportunities to millions of everyday investors, allowing them to access global assets with a smartphone and a few dollars. This creates a financial world that is more open, more fair, and infinitely more powerful. ## **Sectors Being Transformed by RWA Tokenisation** - **Government Bonds & Treasury Bills** – now tokenised and offering safe yields - **Real Estate** – fractional property ownership on-chain - **Green Assets & Carbon Credits** – transparent and tradable - **Commodities** – gold, oil, metals, and rare minerals - **Supply Chain Assets** – invoices, trade finance, export credits - **Luxury Collectables** – art, watches, cars, vintage items Each category represents billions to trillions of dollars ready to migrate to blockchain. ## **The Future Is Clear: RWAs Are the Next Crypto Supercycle** The next wave of crypto growth won’t just come from hype—it will come from value, utility, and real-world integration. RWAs give blockchain what it always needed: stability, adoption, and global relevance. As trillions of dollars of real-world assets flow into tokenised markets, early investors, developers, and builders will be positioned to ride the most powerful wealth-creation wave of the decade. RWAs aren’t the future. They are happening right now. And the investors who recognise this shift early will lead the next financial revolution. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** RWA token --- ### [Celebrating 12 Years of Unocoin — India’s Crypto Pioneer Continues!](https://blog.unocoin.com/celebrating-12-years-of-unocoin/) **Published:** December 15, 2025 **Author:** Unocoin Growth **Content:** It’s extraordinary to look back at the journey that began more than thirteen years ago. Today, we proudly celebrate the 12 anniversary of Unocoin — a symbol of resilience, innovation, and financial empowerment for millions of Indians. What started as a bold, disruptive idea has grown into the heartbeat of India’s crypto ecosystem. Founded by Sathvik Vishwanath and Sunny Ray, Unocoin has evolved from a simple concept into a national force championing digital finance. For over a decade, Unocoin has played a pivotal role in accelerating the adoption, understanding, and acceptance of cryptocurrencies in India. Thirteen years later, the mission is stronger than ever. ## **Where It All Began (2013)** The Unocoin story began with **Sunny Ray**, a Canadian-born visionary fascinated by Bitcoin’s revolutionary potential. His curiosity led him to start a blog called *Unocoin* — inspired by the Spanish word “Uno,” meaning *one*, symbolising a new beginning. A chance interaction during a Bitcoin meetup in Bengaluru changed everything. Sunny met Sathvik Vishwanath, a tech-driven entrepreneur who shared the same passion and believed India needed a gateway to the crypto world. That vision transformed a blog into India’s first and most trusted cryptocurrency exchange. ## **The Early Years: Challenges, Growth & Breakthroughs** The early journey wasn’t easy. Back then, cryptocurrencies were misunderstood, doubted, and often dismissed. Regulatory uncertainty clouded the ecosystem. Yet, Unocoin remained unwavering in its mission to democratise digital finance. A major milestone arrived when global crypto leader **Barry Silbert** invested in Unocoin — a monumental validation of Unocoin’s vision and India’s potential. This investment accelerated Unocoin’s growth and set the stage for national impact. ## **The Legal Battle That Changed India’s Crypto Landscape** Perhaps the most defining chapter in Unocoin’s story came when the Indian government considered a blanket ban on cryptocurrencies. Unocoin’s co-founder **Harish B.V.** took a historic stand, challenging the ban in court with courage and conviction. The landmark legal victory didn’t just protect Unocoin — it protected India’s entire crypto industry. It was a turning point that legitimised digital assets in the country and cemented Unocoin’s role as a pioneer. ## **12 Years Later: A Legacy of Leadership and Innovation** In 2025, Unocoin stands tall as a symbol of progress and possibility. With a loyal user base, a trusted platform, and relentless innovation, Unocoin continues to empower Indians with tools for financial freedom. ### **Unocoin’s Contributions to India’s Crypto Revolution** ### **India’s First Crypto Exchange** Unocoin created the country’s first secure, easy-to-use digital asset trading platform — igniting India’s crypto revolution. ### **Trusted Bitcoin & Crypto Wallets** Millions rely on Unocoin’s secure wallets to store, manage, and transact digital assets with confidence. ### **Merchant Crypto Payments** Unocoin enabled businesses to accept cryptocurrencies, bridging the gap between digital money and real-world use. ### **Education & Awareness** From workshops to community guidance, Unocoin has been a national leader in educating India about blockchain and crypto. ### **Innovative Partnerships** Unocoin continues to expand through strategic collaborations, enhancing user experience and advancing adoption. ## **The Road Ahead — The Future Unocoin Is Building** The journey is far from over. As the global crypto ecosystem rapidly evolves, Unocoin remains committed to: ✔ Driving innovation ✔ Ensuring world-class security ✔ Expanding nationwide access ✔ Supporting India’s shift toward a digital-first economy The next era of Unocoin will be defined by stronger technology, deeper community connections, and bold steps toward a financially inclusive India. # **Cheers to 12 Years — and the Many More to Come** To our amazing users, partners, and supporters — thank you for being the backbone of this incredible journey. Here’s to 12 years of breaking barriers, creating opportunities, and shaping the future of money. **Happy 12th Anniversary, Unocoin!** **The revolution continues.** Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Top Altcoins to Watch in 2025: ADA, XRP, DOGE, SHIB, BNB, SOL & AVAX](https://blog.unocoin.com/top-altcoins-to-watch-in-2025-ada-xrp-doge-shib-bnb-sol-avax/) **Published:** December 12, 2025 **Author:** Unocoin Growth **Content:** As the crypto market moves into the final phase of 2025, investor attention is shifting beyond Bitcoin toward the altcoins that continue to shape innovation, real-world adoption and market momentum. While BTC sets the macro trend, it’s the performance of community-driven and utility-rich altcoins like **ADA, XRP, DOGE, SHIB, BNB, SOL, and AVAX** that reveals where the next wave of opportunities may emerge as we approach 2026. These altcoins represent a balanced mix of **high-utility networks, payment-focused ecosystems, meme-powered cultural tokens, and high-performance blockchains**, making them essential to watch in the evolving digital economy. # **[Cardano](https://unocoin.com/in/exchange/inr/ada) (ADA): Research-Driven & Built for the Long Game** Cardano remains one of the most methodical and academically focused blockchain projects in the industry. Known for its peer-reviewed development and strong emphasis on security, sustainability and decentralisation, ADA continues to attract long-term believers. ### **Why ADA is a top altcoin for 2025** - Strong staking ecosystem - Academic development approach - Increasing developer activity - Long-term roadmap focusing on real-world identity & governance Despite short-term volatility, Cardano holds its position as one of the most respected smart-contract platforms heading into 2026. # **[XRP](https://unocoin.com/in/exchange/inr/xrp): Leading the Future of Global Payments** XRP continues to stand out as a fast, scalable and cost-efficient solution for cross-border payments. With renewed regulatory clarity and increasing interest from financial institutions, XRP is regaining momentum in the global payments sector. ### **Why XRP matters in 2025** - Designed for instant international transfers - Strong institutional interest - Clearer regulatory positioning - Expanding partnerships with banks and fintech players As real-world adoption grows, XRP’s utility narrative is stronger than ever. # **[Dogecoin](https://unocoin.com/in/exchange/inr/doge) (DOGE) & [Shiba Inu](https://unocoin.com/in/exchange/inr/shib) (SHIB): The Meme Titans Evolving Beyond Culture** Meme coins continue to dominate internet culture—and, surprisingly, market movement. Dogecoin and Shiba Inu are leading the way by proving that community-backed assets can create serious influence. ### **DOGE — The Original Meme Coin** - One of the strongest communities in crypto - Supported by mainstream adoption and global awareness - Highly resilient during market volatility ### **SHIB — Evolving Into a Real Ecosystem** - Expanding beyond meme culture - Building DeFi components (ShibaSwap) - Developing metaverse integrations - Growing utility through burn mechanisms and new features Both remain volatile, but their cultural impact and strong communities make them important assets to watch. # **[BNB](https://unocoin.com/in/exchange/inr/bnb): The Utility Powerhouse of the Binance Ecosystem** BNB continues to serve as the backbone of one of the world’s largest crypto exchanges. From trading fee discounts to powering an entire blockchain (BNB Chain), it remains one of the strongest utility tokens in the market. ### **What makes BNB strong in 2025** - Massive global ecosystem - Real-world utility in trading, gas fees and dApps - High liquidity and strong user adoption - Robust developer activity across BNB Chain BNB remains a top pick for users looking for long-term ecosystem value. # **[Solana](https://unocoin.com/in/exchange/inr/sol) (SOL): The Fastest-Growing High-Performance Blockchain** 2025 has been a breakout year for Solana. Known for its **speed, low transaction costs, and massive developer activity**, Solana has become the go-to chain for NFTs, DeFi, payments and consumer apps. ### **Why SOL is dominating headlines** - Lightning-fast throughput - Strong resurgence after earlier network issues - Explosive growth in memecoins, DeFi and NFTs - Increasing interest from institutions and big brands Solana’s appeal lies in its combination of performance and mass adoption potential. # **[Avalanche](https://unocoin.com/in/exchange/inr/avax) (AVAX): The Chain for Custom Blockchains** Avalanche continues to lead with its innovative **subnet architecture**, allowing enterprises and developers to build customizable, application-specific blockchains. ### **Why AVAX stands out** - Flexible multi-chain ecosystem - Growing enterprise adoption - High-speed, scalable architecture - Strong developer tools and expanding subnet usage While market cycles affect AVAX, its technological direction positions it strongly for the future. # **Final Outlook: What These Altcoins Reveal About 2026** These seven altcoins—ADA, XRP, DOGE, SHIB, BNB, SOL, and AVAX—represent a diverse cross-section of crypto’s future: - Research-first smart contract platforms (ADA) - Banking and payments innovation (XRP) - Meme-driven cultural tokens with growing utility (DOGE & SHIB) - Large-scale ecosystem tokens (BNB) - High-performance blockchains (SOL & AVAX) Together, they showcase where innovation, real-world use cases, and community momentum are converging as we move toward 2026. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Market Analysis --- ### [Missed SHIB in 2021? December 2025 Could Be Your Second Chance](https://blog.unocoin.com/missed-shib-in-2021-december-2025-could-be-your-second-chance/) **Published:** December 8, 2025 **Author:** Unocoin Growth **Content:** Every bull market has that *one coin* that takes off when no one is watching — and rewards the investors who accumulate quietly before the breakout. As we approach December 2025, market indicators, institutional flow, and on-chain sentiment are lining up for one cryptocurrency to dominate the next explosive rally: Shiba Inu (SHIB). Yes — the meme-born giant is preparing for a fundamentally driven comeback, and the setup looks remarkably similar to the early phases of its historic 2021 rally. Only this time, the foundation is stronger, deeper, and fully backed by utility. ### **Why SHIB — Not Just a Meme Anymore** Shiba Inu started as a cultural movement and rival to Dogecoin. But in 2025, SHIB has transformed far beyond meme status. The key driver of its next rally is Shibarium, the Layer-2 blockchain designed to overhaul the SHIB ecosystem with faster transactions, cheaper fees, and mass utility. Here’s why December 2025 is prime accumulation territory: - **Shibarium adoption is scaling rapidly - **More dApps, gaming projects, and NFT platforms are migrating to SHIB - **Daily burn rates are climbing as transaction volume increases - **Supply is shrinking while user base and utility expand The math is simple: rising utility + rising burn → reduced supply → upward price pressure. ### **The Real Catalyst: The Supply Burn Acceleration** SHIB’s future is strongly tied to its **burn mechanism**, which destroys tokens permanently with every on-chain transaction. As more platforms and products operate on Shibarium, the burn rate is expected to surge dramatically. This creates the perfect setup: - High demand meets decreasing supply - Long-term holders get rewarded - Latecomers fuel parabolic price discovery Investors who position before this burn acceleration — particularly **in December 2025** — could be entering just before the steepest climb. ### **What Happened Last Time?** During the last bull cycle, SHIB delivered: - **Over 43,000,000% in returns from its lowest phase - **Global viral adoption - **A community exceeding most L1 blockchains Now, the difference is shocking: SHIB isn’t running on hype alone — it’s running on ecosystem growth, reduced supply, real-world integrations, and Web3 utility. Everything SHIB lacked in 2021 — a chain, scalability, long-term burn structure — exists today. ### **Smart Investor Strategy for December 2025** This is not a “go all-in” moment — this is an accumulation phase. Historical bull markets show that the biggest pumps happen after Bitcoin peaks, when liquidity rotates into high-beta altcoins and memecoins. Smart investors typically: - Dollar-cost average (DCA) in December - Hold for 90–180 days into peak hype cycle - Take profits in waves instead of waiting for the top The goal is not perfection — it is positioning. ## **Final Verdict** SHIB is no longer just a meme — it is a self-sustaining ecosystem with the perfect blend of utility, community, and scarcity mechanics. With Shibarium expansion and burn acceleration aligning with the 2026 peak cycle, December 2025 represents one of the strongest accumulation windows of the decade. Those who wait for the breakout will pay for confirmation. Those who prepare during accumulation will ride the parabolic wave. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Which Memecoin Will Hit $1 Next? Top $1 Meme Coin Predictions for 2025](https://blog.unocoin.com/which-memecoin-will-hit-1-dollar/) **Published:** December 2, 2025 **Author:** Unocoin Growth **Content:** ## **What Are Memecoins? The Fun Side of Crypto That’s Creating Unexpected Millionaires** Cryptocurrency began with a mission: to redesign the global financial system, empower individuals, and eliminate middlemen. Then came memecoins — coins that didn’t start with a deep whitepaper or big institutional backing, but with humor, memes, and massive community energy. What started as fun evolved into a multi-billion-dollar segment of the crypto market, turning everyday investors into overnight millionaires. So, what exactly are memecoins? Memecoins are cryptocurrencies inspired by internet memes, jokes, pop culture, or trends. Instead of marketing themselves as complex blockchain solutions, they tap into community culture and virality. The perfect example is Dogecoin (DOGE), created in 2013 as a joke featuring the Shiba Inu dog meme. No one expected it to go mainstream — until massive online communities and celebrity support, especially from Elon Musk, pushed it into the global spotlight. Today, memecoins like Shiba Inu (SHIB), PEPE, FLOKI, BONK, and WIF dominate crypto conversations because they blend: - Fun - Hype - Community power - Massive profit potential Unlike traditional crypto projects, memecoins grow primarily through community strength rather than corporate funding. **Why Are Memecoins So Popular?** Memecoins exploded in popularity for several powerful reasons: ### **🔹Low Entry Price** Most memecoins launch at fractions of a cent, making them attractive to new investors who dream of turning small investments into big gains. ### **🔹Massive Community Hype** Platforms like Reddit, X (Twitter), Telegram, and TikTok play a huge role in skyrocketing memecoin prices. Memes spread faster than whitepapers. ### **🔹Retail-Driven Bull Markets** During bull runs, new retail traders usually chase cheap, trending coins — and memecoins become the first choice. ### **🔹Emotional Connection** Unlike complex DeFi or AI tokens, memecoins create a fun identity. Investors don’t just hold a token — they join a movement. **Do Memecoins Have Real Utility?** The memecoin market has evolved dramatically. While many started without utility, the new generation of memecoins is adding real-world use cases such as: - NFT marketplaces - Blockchain gaming - Staking & passive income - DeFi integrations - Token burning mechanisms to reduce supply For example: - SHIB launched Shibarium, its own blockchain ecosystem - FLOKI offers Play-to-Earn gaming - Several memecoins now support staking and DeFi tools The era of “just a joke” memecoins is ending. Utility-driven memecoins are taking over. ## **Which Memecoin Could Hit $1 Next? Top $1 Memecoin Predictions for 2025** The search for the next memecoin hitting $1 is one of the hottest topics in crypto. While reaching $1 depends on price, total supply, and market capitalisation, a few memecoins stand out for their community power, exchange listings, real-world usage, and long-term momentum. Below are the strongest contenders for the next memecoin to reach $1. ## **Dogecoin (DOGE) – The Most Realistic $1 Memecoin** - **Supply:** Inflationary - **Adoption:** Global brand-level recognition - **Payment acceptance:** Supported by real businesses - **Community:** Strongest memecoin army in crypto **Why DOGE Can Hit $1** - Backed by the largest memecoin community - Widely accepted for payments - Strong social & celebrity influence - Consistent exchange support worldwide **$1 Probability: HIGH in a mega bull run** Dogecoin remains the most realistic memecoin, hitting $1 again during a powerful market cycle. ## **Shiba Inu (SHIB) – Can Burns Make $1 Possible?** - **Supply:** Extremely large - **Ecosystem:** Shibarium blockchain, DeFi, NFTs, Gaming - **Burn mechanism:** Actively reducing supply **Why SHIB Attracts $1 Predictions** - One of the largest retail holder bases in the world - Strong DeFi & Layer-2 ecosystem - Aggressive community-driven burns **$1 Probability: Mathematically very difficult, but long-term speculative** SHIB is the most searched answer when people ask “which memecoin will reach $1”, but without massive token burns, $1 remains extremely challenging. ### **PEPE – The Fastest Viral Memecoin Ever** - **Supply:** Trillions of tokens - **Growth style:** Pure virality & trading hype - **Exchange support:** Very strong **Why Traders Love PEPE?** - Explosive short-term price movements - Massive trading volume - Strong meme culture presence **$1 Probability: Nearly impossible due to massive supply** PEPE is excellent for short-term speculative gains, not for realistic $1 memecoin predictions. ### **FLOKI – The Utility-Driven Memecoin Challenger** - **Ecosystem:** Gaming, Metaverse, Staking - **Marketing:** Global real-world branding - **Community:** Rapidly expanding **Why FLOKI Has $1 Potential** - Strong utility beyond memes - Active development roadmap - Play-to-Earn gaming economy - Deflationary mechanics **$1 Probability: Long-term speculative but stronger than most memecoins** FLOKI frequently appears in discussions about the next utility-driven memecoin to hit $1. ### **BONK & WIF – Solana’s High-Speed Memecoins** - **Blockchain:** Solana (fast & low fees) - **Trader interest:** Very high - **Liquidity:** Strong **Why They Matter** - Rapid adoption within Solana’s ecosystem - Strong CEX & DEX trading - Heavy meme virality among young investors **$1 Probability: Possible only with extreme global adoption & major supply control** These represent next-generation memecoins, but $1 requires massive demand. **Why Most Memecoins Struggle to Hit $1 (The Market Cap Reality)** Many investors focus only on price, but the real driver behind a memecoin hitting $1 is market capitalisation. ### **Example:** If a memecoin has 1 trillion tokens, then: - To reach $1, it needs - $1 trillion market cap - That’s larger than most global companies — and even bigger than Bitcoin in many cycles ### **Key Takeaway:** - Low-supply memecoins have better $1 potential - High-supply memecoins require massive token burning - Utility + adoption decide long-term survival **Should You Invest in Memecoins?** Memecoins can deliver life-changing gains, but they also carry extreme volatility. Some rise 100x in weeks — others crash to zero. ### **Smart Memecoin Investment Rules:** 1️⃣ Only invest what you can afford to lose 2️⃣ Avoid emotional FOMO buying 3️⃣ Research supply, burns, and community strength 4️⃣ Take profits during strong rallies 5️⃣ Never rely on hype alone ## **Final Verdict: Which Memecoin Is Most Likely to Hit $1?** - Most realistic $1 memecoin: Dogecoin (DOGE) - Most searched $1 memecoin: Shiba Inu (SHIB) - High-risk viral bets: PEPE, BONK, WIF - Best utility-driven contender: FLOKI There is **no guaranteed $1 memecoin**, but investors who combine: - Market cap math - Utility analysis - Community strength - Exchange liquidity …have the best chance of identifying the next memecoin to hit $1. **Final Thoughts** Memecoins represent the power of the internet, community culture, and digital finance. They prove that value doesn’t always come from institutions — sometimes it comes from shared belief and momentum. Whether you invest for fun, profits, or long-term growth, memecoins remain one of the most exciting — and risky — sectors of crypto. The next memecoin hitting $1 may not be obvious today, but history proves that viral communities can move markets faster than fundamentals. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Market Analysis --- ### [The 3 ICO Projects Every Investor Is Watching in 2025](https://blog.unocoin.com/the-3-ico-projects-every-investor-is-watching-in-2025/) **Published:** December 3, 2025 **Author:** Unocoin Growth **Content:** The crypto market continues to evolve, but one thing remains unchanged — ICO projects (Initial Coin Offerings) give investors the earliest access to the biggest growth opportunities. Historically, some of the most iconic crypto success stories, including Solana, Avalanche, and Polygon, began as ICOs before becoming billion-dollar ecosystems. As we move deeper into the 2025 bull cycle, investors are keeping a close eye on early-stage Web3 launches that combine hype, strong technology, and real utility. Among hundreds of new projects, three ICOs stand out with exceptional momentum, long-term vision, and early investor excitement. Let’s explore **the 3 ICO projects every investor is watching right now.** ### **BlockDAG (BDAG) – The Web3 Infrastructure Powerhouse** BlockDAG is one of the most talked-about ICOs of the year — and for good reason. It aims to solve one of crypto’s biggest limitations: scalability without sacrificing decentralisation. Powered by a DAG (Directed Acyclic Graph) architecture, BlockDAG enables faster, cheaper, and more secure transactions than traditional blockchains. On top of this, the project is building: - A branded Web3 developer toolkit - A smart-contract layer for next-gen dApps - A staking and rewards model for long-term holders What makes BlockDAG even more attractive is its marketing position as an L1 solution with high influencer support and early venture participation. Analysts describe it as a “Solana meets Avalanche” ecosystem, making BDAG one of the strongest ICO narratives of 2025. ### **DogeVerse (DV) – Gaming & Memecoin Power Combined** If one sector has dominated retail investment in 2025, it’s memecoins + gaming — and DogeVerse hits both trends perfectly. Instead of being just another meme token, DogeVerse is building a Web3 gaming universe powered by the DOGEVERSE token, with features including: - Play-to-Earn reward mechanics - NFT in-game collectables - Social leaderboard competitions - Celebrity and esports promotions The project is backed by multiple gaming influencers and meme-community leaders, driving extreme social visibility even before CEX listings. With memecoins historically exploding during bull markets, DogeVerse has the storytelling power and community energy to deliver massive momentum. For high-risk, high-reward portfolios, DV has become a trending pick. ### **Catoshi (CATOSHI) – AI Meets Meme Culture** Catoshi is the fusion of two of crypto’s hottest narratives: memes + artificial intelligence. The project is developing AI tools that integrate directly into Web3, including: - Automated NFT character creation - AI-powered trading assistants - Smart learning bots for community engagement Its whimsical branding and “AI cat” theme have already built a cult following — yet behind the humor is serious tech development and a passionate dev team. With AI adoption skyrocketing and memecoins dominating retail attention, Catoshi is well-positioned to explode once major exchange listings go live. ## **Final Thoughts: ICOs Are Risky — But They Create Leaders** These three ICOs are trending not just because of hype, but because they combine utility + community + narrative, a formula historically proven to drive exponential market growth. However, ICOs should always be approached with risk management, ensuring allocations remain balanced and research-driven. The greatest crypto stories of every bull run begin early — but only disciplined investors capture them. As the 2025 market accelerates, BlockDAG, DogeVerse, and Catoshi are already shaping up to be the early-stage Web3 stars everyone is watching. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** ICO --- ### [Bitcoin Technical Analysis: Reading the Chart to Stay Ahead of the Market](https://blog.unocoin.com/bitcoin-technical-analysis-2025-nov/) **Published:** November 28, 2025 **Author:** Unocoin Growth **Content:** Bitcoin remains the heartbeat of the cryptocurrency market, and its price movements often dictate the momentum of the entire digital-asset landscape. Whether you’re a long-term investor or an active trader, understanding Bitcoin technical analysis can help you make smarter decisions, identify key price levels, and reduce emotional trading. In this guide, we’ll break down the essential technical indicators, market structure patterns and signals that reveal where Bitcoin might move next. ## **Market Structure: The Foundation of BTC Price Movements** Price action is the first layer of technical analysis, and market structure tells us whether Bitcoin is trending or consolidating. Key phases include: - **Uptrend:** Higher highs (HH) and higher lows (HL) - **Downtrend:** Lower highs (LH) and lower lows (LL) - **Sideways consolidation:** Constant support and resistance range During bull trends, Bitcoin often retraces to key Fibonacci levels (38.2% and 61.8%) before resuming its rally. During bear phases, rallies into resistance zones are typically rejected. ## **Support & Resistance Zones** Support and resistance act as invisible barriers where traders react. - **Support** is a price area where buying pressure strengthens. - **Resistance** is where selling pressure increases. Historically, Bitcoin respects psychological round numbers—$30,000, $40,000, $50,000, $60,000 and $100,000 often act as major zones where massive liquidity sits. A breakout above resistance can trigger strong momentum, while a breakdown below support may accelerate selling. ## **Moving Averages: Trend Strength Indicators** Moving averages help traders identify the trend direction without noise. The most widely used for BTC are: - **50-day EMA** → Short-term trend - **100-day EMA** → Mid-term support/resistance - **200-day EMA** → Long-term trend confirmation A powerful bullish chart signal is when the **50-day EMA crosses above the 200-day EMA**, known as the *Golden Cross*. The opposite formation — the *Death Cross* — signals bearish momentum. ## **RSI & Momentum Analysis** The **Relative Strength Index (RSI)** measures the speed of price movements. - RSI above **70** suggests overbought conditions (possible correction) - RSI below **30** suggests oversold conditions (possible rebound) However, in strong bull markets, Bitcoin can remain overbought for weeks. Traders look for **RSI divergence** — when price makes higher highs but RSI makes lower highs — as an early sign of weakness. ## **Volume: Confirmation of Price Moves** Price movements without volume are often unreliable. - Rising price + rising volume → strong bullish confirmation - Rising price + declining volume → weak rally / potential reversal - Falling price + high volume → panic selling but short-term bottom risk Volume spikes near major tops or bottoms often signal trend exhaustion. ## **Fibonacci Retracements: Trader Hotspots** Fib levels help identify potential reversal points during corrections. The most respected zones for Bitcoin are: - **0.382** — shallow pullback in strong bull trends - **0.5** — neutral retracement - **0.618** — deep pullback and high-probability bounce level When price aligns with support + Fibonacci + moving average, traders consider it a *high-confluence setup*. ## **Chart Patterns to Watch** Bitcoin frequently prints high-probability patterns: - **Ascending triangle** → bullish continuation - **Bull flag** → continuation after steep rally - **Inverse head-and-shoulders** → long-term trend reversal - **Rising wedge** → bearish reversal pattern Patterns become meaningful only when confirmed by volume and breakout direction. ## **Final Trading Tips for BTC** - Always trade with a plan, not emotions - Use multiple indicators for confirmation instead of relying on one - Respect stop-losses and avoid revenge trading - The trend is your friend — trade in its direction - Technicals help forecast probabilities, not certainties ### **Final Thoughts** Bitcoin technical analysis blends price action, indicators and investor psychology to identify opportunities and risks in an unpredictable market. No indicator can predict BTC perfectly, but reading market structure, trend strength, and key technical levels gives traders a major advantage. As institutional liquidity, ETFs and global adoption reshape crypto markets, technical analysis remains one of the most powerful tools for navigating volatility and timing entries with confidence. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [How to Create a New Crypto Token: Complete Beginner’s Guide](https://blog.unocoin.com/how-to-create-a-new-crypto-token/) **Published:** November 27, 2025 **Author:** Unocoin Growth **Content:** The world of blockchain has unlocked a new era of digital ownership, decentralisation and programmable money. Today, creating a crypto token is no longer limited to expert coders — entrepreneurs, startups, brands and developers across industries are launching tokens for fundraising, rewards, gaming, real-world asset tokenisation and community engagement. If you’re planning to build a token of your own, this step-by-step guide will help you understand the entire journey from concept to deployment. ## **Step 1 — Define the Purpose and Use Case** A token should exist for a reason — this becomes the foundation of its long-term demand. Common use cases include: - Utility tokens for powering an app or platform - Governance tokens for voting in a DAO - Reward tokens for gaming or community loyalty - Asset-backed tokens representing real-world assets - Meme or community tokens for branding and engagement The stronger the utility and narrative, the healthier the future adoption. ## **Step 2 — Choose Your Blockchain** A token lives on a blockchain, so picking the right chain is crucial. Popular choices include: - **Ethereum (ERC-20 standard):** Most adopted and highly secure - **BNB Chain (BEP-20):** Low fees and fast transactions - **Solana (SPL):** High throughput for gaming and DeFi - **Polygon:** Ideal for low-cost scaling - **Avalanche:** Fast and customizable Factors to consider: transaction speed, gas fees, ecosystem size, wallet support, and developer tools. ## **Step 3 — Plan Tokenomics** Tokenomics influence user behaviour and the long-term value of the token. Key elements include: - Total supply (eg. 1 million / 1 billion) - Distribution model (team, community, staking rewards, reserves) - Vesting periods for team and investors - Use-case demand drivers (staking, payments, rewards, governance) - Burn or buyback mechanics (optional) Transparent and fair tokenomics build trust and attract investors. ## **Step 4 — Build the Smart Contract** A token is governed by a smart contract — a self-executing code that defines token rules. You can: ### **✔ Hire a blockchain developer** Best for professional long-term projects. ### **✔ Use token-generation platforms (no code required)** Platforms like PinkSale, Presail, Moralis, and TokenTool allow you to generate tokens without programming. ### **Important smart-contract features:** - Minting and burning functions - Transfer rules - Transaction fees (optional, for tax tokens) - Ownership control and renounce options - Liquidity lock automation Security-audited contracts reduce hacking risks and increase investor confidence. ## **Step 5 — Deploy to Mainnet** Once testing on a **testnet** (such as Goerli, BSC Testnet or Solana Devnet) is completed, the contract can be deployed to the real blockchain. Deployment requires a crypto wallet (MetaMask, Phantom, etc.) and gas fees in the native chain currency (ETH, BNB, SOL, etc.). After deployment, your token becomes live and transferable. ## **Step 6 — Verify and Publish the Contract** To build transparency and trust, verify the smart contract on blockchain explorers such as: - Etherscan - BscScan - Solscan Project documentation and a whitepaper can also be published at this stage. ## **Step 7 — Create Liquidity and Enable Trading** If you want your token to be tradeable, you can: - Add liquidity on decentralised exchanges (Uniswap, PancakeSwap, Raydium) - Later, apply for centralised exchange listings A strong community and marketing strategy help drive trading volume and adoption. ## **Step 8 — Build Utility and Community** A token’s success depends on ecosystem growth. Focus on: - Real value utilities - Partnerships and collaborations - Staking or reward mechanisms - Active community on Telegram, Discord and X (Twitter) The more the token is used and needed, the more sustainable its value becomes. ### **Final Thoughts** Creating a crypto token is now easier than ever — but building something that lasts requires vision, tokenomics and real utility. Whether you’re launching a project, building a Web3 startup, or creating a digital community, a well-designed token can unlock new opportunities and accelerate innovation. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [MiCA, U.S. Token Rules & Asian Oversight – The Future of Digital Assets](https://blog.unocoin.com/mica-u-s-token-rules-asian-oversight/) **Published:** November 24, 2025 **Author:** Unocoin Growth **Content:** The crypto industry is entering a transformative era where **compliance and institutional adoption are finally moving in sync**. After years of regulatory uncertainty, global financial authorities are establishing clearer frameworks for digital assets — and institutions are responding with confidence, capital, and long-term strategies. From tokenized finance in Asia to stablecoin rules in the U.S. and Europe, compliance is no longer just a requirement — it is becoming the foundation of the next trillion-dollar crypto cycle. For platforms like **Unocoin**, this shift represents a major step toward a safer, regulated, and institution-friendly digital asset ecosystem in India. ### **Institutional Money Needs Regulatory Clarity — Now It’s Arriving** Traditional financial institutions have long been interested in crypto, but they lacked one thing: a predictable rulebook. Banks, funds, and payment companies cannot operate in markets without legal classification, reporting standards, or risk frameworks. Today, however, global regulators are addressing these gaps: - Clear token classification systems - Licensing rules for crypto service providers - Standardized AML/KYC expectations - Reporting formats that align with banking norms - Governance frameworks for stablecoins This shift is creating a market where institutions can build long-term exposure to digital assets—backed by regulatory certainty. ### **Major Regions Leading the Compliance Revolution** #### **1. United States: The Push for Token Frameworks** Washington’s token taxonomy efforts are setting the groundwork for: - Standard definitions for digital assets - Clarity on securities vs. commodities - Compliance expectations for exchanges and custodians As U.S. regulators establish clearer categories, institutional players like asset managers, banks, and pension funds are expanding crypto strategies with more confidence. #### **2. Europe: MiCA Bringing Uniform Rules** The EU’s MiCA framework is now a global benchmark for regulated crypto markets. It strengthens: - Consumer protection - Stablecoin oversight - Exchange transparency - Custodian obligations This unified approach is already drawing banks and financial institutions deeper into digital assets. #### **3. Asia: The Real-World Asset & Stablecoin Boom** Regions like Singapore, Hong Kong, Japan, and South Korea are creating compliance-driven ecosystems that encourage innovation while maintaining safety. Their focus includes: - Tokenized bonds - Regulated stablecoins - Licensed crypto exchanges - Institutional custody solutions These markets are proving that strict compliance and rapid innovation can coexist. ### **Why Compliance Unlocks Institutional Demand** Institutions care about four things: **risk, transparency, auditability, and legal support**. Strong global compliance frameworks offer: - **Reduced operational risk - **Standardised accounting and reporting - **Better market surveillance - **Safer onboarding and custody - **Predictable taxation and legal interpretation This creates a green light for institutional capital to flow into spot crypto, tokenized assets, and compliant stablecoins. ### **What This Means for India and Unocoin** As India observes global regulatory developments, the path forward becomes clearer: - Tokenized finance - Regulated digital assets - Stronger VASP standards - Aligning with global AML and compliance norms For Indian investors, this means safer markets. For platforms like **Unocoin**, it means preparing for a future where compliance becomes a competitive advantage — building user trust, attracting new categories of investors, and aligning with global frameworks. ### **Conclusion: Compliance Is the Catalyst for the Next Crypto Wave** The global trend is undeniable: **Stronger regulation → Higher trust → Bigger institutional adoption.** As compliance frameworks mature across continents, digital assets are evolving from speculative instruments into regulated financial products ready for institutional scale. This new phase of trusted, compliant growth is setting the foundation for crypto’s next global expansion — and India is perfectly positioned to benefit. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Global Crypto Regulations Strengthen Investor Trust and Market Stability](https://blog.unocoin.com/global-crypto-regulations-strengthen-investor-trust-and-market-stability/) **Published:** November 21, 2025 **Author:** Unocoin Growth **Content:** As global crypto markets mature, one theme is becoming crystal clear: **compliance is no longer a barrier to growth — it’s the engine driving the next wave of adoption.** From India to the U.S. and across Asia, regulatory clarity is transforming digital assets into a trusted, institution-ready asset class. And as compliance frameworks evolve, investor confidence is rising, fueling stronger participation across the ecosystem. For platforms like **Unocoin**, this shift represents a powerful opportunity to build user trust and align with global best practices. ### **Why Compliance Matters More Than Ever** In the early years of crypto, innovation moved faster than regulation. While this created rapid growth, it also introduced risks: unclear taxation, asset misclassification, anonymous transactions, and inconsistent exchange standards. Today, governments worldwide are taking a more structured approach. Their message is simple: **crypto must integrate with formal financial systems — not operate outside them.** This shift benefits investors in several ways: - **Reduced fraud and market manipulation - **Better protections for user assets - **Greater transparency from exchanges - **Clear legal paths for businesses and startups In short, compliance builds trust. And trust drives adoption. ### **Global Trends Strengthening Crypto Confidence** The regulatory evolution is not limited to one region. Multiple economies are moving toward stronger oversight: #### **1. The U.S.: Defining Digital Assets Clearly** With renewed token taxonomy efforts and discussions around security vs. commodity classification, the U.S. is building a structured environment where institutions can confidently enter without legal uncertainty. #### **2. Europe: MiCA Sets the Gold Standard** The EU’s MiCA (Markets in Crypto-Assets Regulation) has introduced uniform rules that ensure: - Strong consumer protection - Stablecoin governance - Transparent exchange operations #### **3. Asia: Leading Through Stablecoin and Tokenisation Rules** Countries like Singapore, Japan, and South Korea are pushing robust frameworks for: - Regulated stablecoins - Tokenized securities - Exchange licensing requirements These markets are proving that compliance actually accelerates innovation when done correctly. ### **India’s Role: Future-Focused and Cautious, but Forward Moving** India continues to refine its digital asset policymaking approach. While taxation and exchange monitoring remain strict, there is growing optimism around: - Tokenization frameworks - Digital public infrastructure (DPI)-based blockchain systems - RBI-linked stablecoin considerations - Governance standards for VASPs (Virtual Asset Service Providers) As global norms stabilize, India is positioned to adopt a balanced, innovation-friendly regulatory model. For Indian users, this means **safer platforms, cleaner market practices, and stronger long-term confidence**. ### **Compliance as a Growth Driver for Exchanges Like Unocoin** Crypto users today expect: - Transparent operations - Secure fund management - Verified assets - Clear policies in line with Indian and global laws For Unocoin, staying ahead in compliance doesn’t just satisfy regulations — it strengthens user trust and ensures long-term stability in a fast-changing market. ### **The Bottom Line: Regulation ≠ Restriction** The global narrative is shifting: **Compliance is not slowing crypto — it’s unlocking its full potential.** With clearer rules, institutional investors are entering the market with confidence. Retail users feel safer. Exchanges operate with improved transparency. And digital assets move closer to becoming a mainstream financial category. As the world steps into a more regulated era of crypto, one truth stands firm: ### **Stronger compliance creates stronger markets — and even stronger investor confidence.** **Categories:** Blog --- ### [Washington’s Token Framework: A New Era for Crypto Classification in America](https://blog.unocoin.com/washingtons-token-framework-a-new-era-for-crypto-classification-in-america/) **Published:** November 20, 2025 **Author:** Unocoin Growth **Content:** The United States is entering a decisive phase for crypto regulation, and Washington’s renewed push for a **Token Framework** could redefine how digital assets are understood, traded, and regulated. While global markets prepare for a wave of institutional adoption, America’s evolving token taxonomy discussions are signalling a future where crypto is no longer a grey area—but a clearly classified, institution-ready asset class. For companies worldwide, including Indian platforms like **Unocoin**, this shift offers new clarity, stronger compliance pathways, and global market alignment. ### **Why the Token Framework Matters Now** For years, U.S. regulators have been divided over how to categorise cryptocurrencies. Are they securities? Are they commodities? Are they something new entirely? This ambiguity often slowed innovation and created risks for exchanges, investors, and startups. Washington’s updated Token Framework aims to change this by providing: - **Clear definitions** for various digital asset types - **Unified regulatory guidance** across agencies - **A path for compliant innovation - **More confidence for institutions entering the crypto market This framework becomes especially significant as the U.S. moves closer to approving crypto-specific laws, and as global markets—from Europe to Asia—implement rules for tokenised finance. ### **The Push for a Standardised Token Taxonomy** Token taxonomy is essentially the classification system for digital assets. It determines how each token is regulated and what rights or obligations it carries. Washington’s latest discussions point toward grouping tokens into categories such as: - **Payment Tokens** (used for transfers and settlements) - **Utility Tokens** (access to a network or service) - **Asset-Backed Tokens** (real-world assets, collateralised instruments) - **Security Tokens** (tokenised financial products governed like securities) - **Stablecoins** (regulated, fiat-backed tokens with strict compliance layers) A standardised taxonomy eliminates guesswork, enabling developers, exchanges, and investors to operate under predictable rules. ### **Why It’s a Big Deal for Institutional Investors** Clear classification is the gateway to mainstream adoption. When institutions know exactly how a token is categorised, they also know: - Which regulator governs it - What compliance standards apply - How custodians should handle it - What risk frameworks to use This reduces operational uncertainty and opens the door for large financial institutions—banks, hedge funds, pension funds—to expand digital asset offerings. With trillions of dollars sitting in traditional markets, even a small shift into tokenised assets can spark explosive growth. ### **Impact on Global Markets and Platforms Like Unocoin** The U.S. remains the world’s largest financial market, and its regulatory direction influences global trends. For India’s growing crypto industry, Washington’s Token Framework offers: - **Alignment with future global standards - **Better interoperability with American markets - **Stronger investor protection models - **Clearer pathways for compliant token listings As Indian regulators explore tokenisation, digital rupee ecosystems, and asset-backed tokens, the U.S. framework can serve as a reference point—helping platforms like **Unocoin** stay globally aligned and future-ready. ### **Building the Future of Digital Finance** Washington’s Token Framework is more than regulatory housekeeping—it’s a foundational step toward a sophisticated, institutional-grade digital asset economy. By bringing clarity to classification, the U.S. is preparing the ground for tokenised markets, digital securities, and global blockchain-based infrastructure. For innovators, policymakers, exchanges, and investors worldwide, this marks the beginning of a new era: a crypto ecosystem defined not by speculation, but by structure, compliance, and sustainable growth. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [ARC Rupee Stablecoin – The Future of INR in Web3 & Digital Finance](https://blog.unocoin.com/arc-rupee-stablecoin-india-web3-guide/) **Published:** November 19, 2025 **Author:** Unocoin Growth **Content:** **India is entering a new chapter in digital finance.** A rupee-backed ARC stablecoin, scheduled for public rollout in Q1 2026, is poised to become a major milestone in how money moves, settles, and grows within India’s financial ecosystem. Built in collaboration with Polygon and Anq, this new system represents one of the most ambitious real-world integrations of regulated digital assets anywhere in the world. Unlike open crypto projects, ARC is designed to run within India’s financial sovereignty, aligning with frameworks from the Reserve Bank of India (RBI) and operating alongside the Digital Rupee (CBDC). This could fundamentally reshape Indian payments, remittances, settlements, and institutional digital finance. # **What Exactly Is ARC?** ARC is a fully rupee-backed stablecoin, built for: - Banks - FinTech platforms - Enterprises - Regulated financial institutions It functions as a programmable, regulated digital asset that can settle transactions in real time, across multiple blockchain networks, with full transparency and KYC control. The goal is simple: > “Digital money that moves at the speed of crypto — but with the safety, traceability, and oversight of the Indian financial system.” ## **Why Is ARC a Big Deal for India?** **🔹 Protecting India’s Monetary Sovereignty** Most stablecoins today (USDT, USDC, etc.) are **backed by the US dollar**, meaning: - Capital flows outside India - Crypto transactions lean toward USD - Financial sovereignty gradually erodes ARC reverses that trend. By issuing a rupee-backed token inside India, money and innovation remain inside the Indian economy, not dollar ecosystems. **🔹 Parallel Settlement Layer to India’s Digital Rupee** ARC is not a replacement for the Digital Rupee — it extends it. If the Digital Rupee is the central bank’s currency layer, ARC becomes: A regulated private transactional layer for settlement, DeFi-style automation, enterprise payments, and digital finance. This unlocks: - Instant business payments - Automated settlements - Programmable remittances - Smart contract-driven financial products **🔹 Multi-Blockchain Support** ARC isn’t limited to one chain. It can execute transactions across multiple networks, including: - Polygon’s chain - Enterprise blockchain rails - Supported mainnets approved for regulated use This makes ARC **interoperable**, scalable, and future-proof. ### **Who Can Mint ARC Stablecoins?** This is a key difference from open stablecoins: ### **➤ Only verified business accounts can mint ARC** This includes: - Banks - NBFCs - Regulated financial services - Licensed FinTech entities No public or retail wallets can create ARC, reducing: - Untracked liquidity - Anonymous transactions - Systemic risk ARC is not meant to be a “wild west stablecoin”—it is a regulated financial instrument from day one. **Controlled Swaps with Whitelisted Wallets** Even trading ARC is controlled. ### **✔ Uniswap v4 “whitelist hooks” ensure:** - Only approved wallets can interact - Only KYC-verified entities can transact - Volume remains inside monitored channels This protects: - Money laundering risks - Unregistered capital flow - Illicit cross-border transfers **India gets Web3 efficiency with RBI-aligned compliance.** #### **Real-World Use Cases of ARC stable coin** ### **1. Enterprise Instant Settlements** Companies can: - Move payments instantly - Automate vendor payouts - Reduce settlement windows from **days → seconds** ### **2. Programmable Financial Products** ARC enables: - Auto-triggered payouts - Smart lending - On-chain banking rails - Real-time accounting & reconciliation ### **3. Digital Remittances** ARC can transform international transfers: - Lower fees - Faster clearing - Transparent routing This could reshape India’s **$125+ billion remittance market**, one of the largest globally. ### **4. FinTech Innovation Without Losing Compliance** Startups can build: - On-chain banking tools - Crypto payment gateways - Automated escrow services - Smart invoicing All while remaining inside regulatory guardrails. #### **Impact on India’s Crypto and Financial Ecosystem** ✔ Boosts institutional adoption ✔ Reduces USD dominance ✔ Narrows the gap between banking and blockchain ✔ Builds a crypto system that India owns #### **Timelines and Outlook of the ARC Rupee Stablecoin** - Pilot deployments are ongoing - Full commercial rollout is expected in **Q1 2026 - Developer and enterprise onboarding is accelerating - The system will likely expand alongside the CBDC infrastructure > If implemented at scale, ARC could become “The Digital UPI of enterprise finance.” **Final Thoughts** The ARC stablecoin project marks one of the most forward-thinking pieces of financial infrastructure in India’s history. It fuses: - Blockchain speed - Central bank trust - Full audit trail - Regulatory safety - Multi-chain interoperability With the world moving toward tokenised finance, India is not just catching up — it is building its own regulated digital financial rails, at a national scale. 2026 may be the year India steps confidently into the future of programmable money. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, Featured --- ### [Why Cryptnoxx Is the Smart Investment Choice](https://blog.unocoin.com/why-cryptnoxx-is-the-smart-investment-choice/) **Published:** November 17, 2025 **Author:** Unocoin Growth **Content:** In the ever-evolving world of digital assets, one truth remains constant — security is everything. While investors chase price rallies and new blockchain trends, the smartest ones know that the true foundation of crypto wealth lies in safeguarding their holdings. This is where Cryptnoxx, a next-generation hardware wallet, emerges as one of the most secure and forward-thinking solutions for Indian crypto investors. ### **The Growing Importance of Secure Crypto Storage** The crypto market has matured rapidly, with millions of investors in India now holding assets like Bitcoin, Ethereum, and Solana. However, this growth has also attracted hackers and scams targeting centralized exchanges and digital wallets. Every few months, reports surface of funds lost due to compromised keys, phishing links, or exchange collapses. The lesson is simple — if you don’t control your private keys, you don’t truly own your crypto. That’s why investors are moving toward hardware wallets like Cryptnoxx, which offer offline, tamper-proof protection for their digital wealth. ### **What Makes Cryptnoxx Stand Out** Cryptnoxx is more than just a wallet — it’s a personal security device designed to protect digital assets with the highest cryptographic standards. Built with Swiss precision and enterprise-grade encryption, it provides users with complete control over their keys, even when connected to online devices. Key features include: - **Offline Private Key Storage:** Keeps your keys completely disconnected from the internet, eliminating the risk of online hacks. - **Multi-Asset Compatibility:** Supports a wide range of cryptocurrencies including BTC, ETH, USDT, SOL, and many ERC-20 tokens. - **Biometric & PIN Security:** Dual-layer authentication adds an extra level of protection. - **Durability & Portability:** Compact, durable design suitable for both professional traders and long-term investors. For Indian users, Cryptnoxx delivers the perfect balance between top-tier security and everyday convenience, making it a smart choice for anyone serious about crypto investing. ### **Inspired by Ethereum’s Innovation Culture** The inspiration behind products like Cryptnoxx is rooted in the same philosophy that drives blockchain pioneers like Joseph Lubin, co-founder of Ethereum and founder of Consensys. His work emphasized decentralization, self-custody, and empowerment — the very principles that define hardware wallets. Just as Consensys built tools like MetaMask to give users full control over their digital identities and assets, Cryptnoxx extends that control to the physical world — letting investors store crypto securely and independently. ### **Why It’s the Smart Investment Choice** A hardware wallet may not offer short-term returns like a token investment, but it delivers long-term protection for everything you own in crypto. With increasing regulatory clarity and rising institutional interest, India’s crypto ecosystem is entering a new growth phase — and self-custody will be at its core. Investing in a Cryptnoxx hardware wallet means investing in peace of mind, independence, and control. It ensures that your hard-earned assets remain yours, no matter what happens in the volatile crypto market. ### **Final Thought** In 2025 and beyond, smart investing isn’t just about buying the right coins — it’s about protecting them the right way. Cryptnoxx represents the next generation of digital asset security, empowering Indian investors to hold their crypto with confidence, freedom, and absolute ownership. Because in the world of crypto, security isn’t an expense — it’s your smartest investment. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [From Ethereum’s Co-Founder to Consensys: Building the Future of Decentralized Innovation](https://blog.unocoin.com/from-ethereums-co-founder-to-consensys/) **Published:** November 14, 2025 **Author:** Unocoin Growth **Content:** In the fast-evolving world of blockchain technology, a few names have shaped the very foundation of decentralisation — and one of them is Joseph Lubin, co-founder of Ethereum and founder of Consensys. His journey from helping build the second-largest blockchain network in the world to leading a company that powers much of the Web3 infrastructure is a story of vision, resilience, and innovation. ### **The Birth of Ethereum: A Vision Beyond Currency** When Ethereum launched in 2015, it redefined what blockchain could do. While Bitcoin introduced the idea of digital money, Ethereum expanded it into a programmable ecosystem for decentralized applications (dApps), smart contracts, and tokenized assets. Joseph Lubin, one of Ethereum’s earliest architects, saw this not just as a financial revolution but as a technological framework for freedom — where trust, identity, and ownership could exist without intermediaries. Ethereum’s flexibility laid the foundation for thousands of projects — from decentralized finance (DeFi) and NFTs to supply chain tracking and tokenized real-world assets. But Lubin’s ambition didn’t stop with Ethereum’s success. ### **The Birth of Consensys: Building Web3 Infrastructure** Soon after Ethereum’s launch, Lubin founded Consensys, a blockchain software company designed to help developers, enterprises, and governments build on decentralized technology. What began as a small incubator evolved into one of the most influential organizations in the blockchain industry. Consensys is best known for creating MetaMask, the world’s leading non-custodial crypto wallet, with over 30 million monthly users globally. MetaMask allows users to store tokens, interact with decentralized applications, and maintain complete control of their private keys — perfectly embodying the spirit of Ethereum’s vision: *“not your keys, not your coins.”* Beyond wallets, Consensys has also developed key blockchain tools like Infura, an infrastructure service that powers thousands of Ethereum-based projects by providing reliable access to the blockchain. Today, Consensys stands at the core of Web3 innovation, supporting Ethereum’s growth and empowering the next generation of decentralized platforms. ### **Empowering a Decentralised Future** Lubin’s mission through Consensys has always been about **making blockchain accessible, scalable, and secure**. The company actively contributes to Ethereum upgrades, supports the growth of Layer-2 scaling solutions, and collaborates with governments and enterprises to explore the real-world applications of blockchain. From **financial inclusion and digital identity** to **tokenised assets and cross-border payments**, Consensys is enabling an internet where users own their data, assets, and identities. ### **Consensys and the Global Impact** In India and across emerging markets, the vision behind Consensys is particularly powerful. With growing digital adoption and regulatory clarity, blockchain is becoming a key tool for **secure digital ownership and transparent governance**. As India moves toward Web3 adoption, the infrastructure built by Consensys — including tools like MetaMask and Infura — is laying the groundwork for developers, investors, and businesses alike. ### **Final Thoughts** From co-founding Ethereum to building Consensys, Joseph Lubin has consistently pushed the boundaries of what blockchain can achieve. His work represents the bridge between early crypto ideals and real-world usability — transforming complex decentralised systems into accessible tools for millions. Consensys isn’t just another blockchain company; it’s the architect of Web3’s foundation, shaping a digital world where innovation, transparency, and ownership truly belong to the people. **Categories:** Blog --- ### [Best Crypto Wallets for Indian Investors: Security Meets Innovation](https://blog.unocoin.com/best-crypto-wallets-for-indian-investors-security-meets-innovation/) **Published:** November 12, 2025 **Author:** Unocoin Growth **Content:** The Indian crypto landscape is evolving rapidly, and as digital assets gain mainstream adoption, one question remains constant — *how do investors store their crypto securely?* With rising scams, exchange risks, and phishing attacks, a secure wallet is no longer optional; it’s essential. Whether you’re a first-time investor or a seasoned trader, choosing the right crypto wallet can make all the difference between long-term growth and vulnerability. ### **Why a Secure Wallet Matters** A crypto wallet isn’t just a storage tool — it’s your personal vault for digital wealth. Unlike traditional bank accounts, crypto assets are fully controlled by the holder of their private keys. Losing those keys means losing access forever. This is why selecting a trusted wallet designed for both security and convenience is crucial, especially for Indian investors navigating the country’s growing digital finance ecosystem. ### **Hardware Wallets: The Gold Standard of Safety** Among the different types of wallets — software, mobile, web, and hardware — the latter stands out as the most secure option. Hardware wallets store private keys offline, making them immune to online hacks or malware attacks. For Indian investors looking to protect long-term holdings like Bitcoin, Ethereum, or Solana, hardware wallets offer peace of mind through complete self-custody. ### **Cryptnoxx: Redefining Hardware Wallet Security** One of the standout entrants in this space is the Cryptnoxx hardware wallet, designed with advanced cryptographic protection and a sleek, user-friendly interface. Built for both beginners and professionals, Cryptnoxx combines Swiss-grade security with cutting-edge blockchain engineering. The wallet features offline transaction signing, secure chip architecture, and multi-chain compatibility, allowing users to manage various crypto assets — from BTC and ETH to emerging altcoins — all from one secure device. Its integration with mobile and desktop platforms ensures ease of access without compromising safety. For Indian users, Cryptnoxx brings a simple promise: *own your crypto, secure your future.* As India’s adoption of digital assets accelerates, self-custody solutions like Cryptnoxx empower users to truly control their wealth outside centralized exchanges. ### **The Consensys Connection: Innovation Rooted in Ethereum’s Vision** The crypto ecosystem thrives on innovation. Consensys, founded by Ethereum co-founder Joseph Lubin, has played a pivotal role in shaping decentralized technologies worldwide. From developing MetaMask — one of the most trusted software wallets — to advancing blockchain infrastructure, Consensys represents the gold standard in digital trust. Hardware wallets like Cryptnoxx echo this same vision: decentralization, transparency, and user empowerment. Together, they reflect a maturing industry that values both innovation and investor protection. ### **Choosing What’s Right for You** When selecting a crypto wallet, Indian investors should prioritize three factors — security, accessibility, and control. While software wallets are convenient for daily transactions, hardware wallets like Cryptnoxx are ideal for long-term storage and large holdings. As crypto regulation and adoption continue to grow in India, having a secure self-custody solution isn’t just wise — it’s necessary. **Final Thoughts: The future of crypto in India depends not only on price movements but on how securely investors hold their assets. In 2025, the smartest move for every investor is clear: choose safety, choose control, and choose innovation — with hardware wallets like Cryptnoxx leading the way. **Categories:** Development --- ### [Bitcoin Price Prediction for November 2025](https://blog.unocoin.com/bitcoin-price-prediction-for-november-2025/) **Published:** November 10, 2025 **Author:** Unocoin Growth **Content:** After a volatile October, the crypto market enters November with mixed emotions — cautious optimism tempered by short-term fear. Bitcoin (BTC), the world’s largest cryptocurrency, remains the centrepiece of global digital asset discussions. As of early November 2025, BTC trades near the **$108,000 mark**, struggling to reclaim momentum after hitting highs above **$125,000** earlier this year. The question on every investor’s mind: *What’s next for Bitcoin this month?* ### **1. The State of the Market** The 2025 market correction has shaken traders but not broken long-term confidence. Bitcoin’s fundamentals remain strong — institutional adoption continues through ETFs, and the network’s hash rate is at an all-time high, reflecting miner confidence. However, short-term price movement is being shaped by macroeconomic shifts. Recent inflation data from the U.S. and Europe came in higher than expected, leading to uncertainty about future rate cuts by the Federal Reserve. This has strengthened the U.S. dollar, prompting a temporary **pullback in risk assets**, including Bitcoin. Historically, BTC performs best during liquidity expansion phases, so a pause in monetary easing has created short-term selling pressure. ### **2. Technical Outlook: Support and Resistance** Bitcoin’s **immediate support** lies near the **$104,000–106,000** zone — a level that has acted as a floor during previous dips. If this range holds, BTC could stabilise and consolidate before its next breakout. The **first resistance level** sits at **$115,000**, with the next major target near **$120,000**. Technical indicators such as the **Relative Strength Index (RSI)** suggest Bitcoin is nearing oversold territory, hinting at a possible rebound. Additionally, on-chain data from major exchanges shows a decline in BTC supply held on centralised platforms, indicating that **long-term holders are accumulating**, not selling. ### **3. Institutional and On-Chain Insights** Institutional demand continues to underpin Bitcoin’s price structure. ETFs and corporate treasuries now collectively hold more than 1.3 million BTC, reflecting growing mainstream exposure. Despite market volatility, large-scale wallets have continued steady accumulation, signalling confidence in Bitcoin’s future trajectory. Moreover, recent on-chain metrics show that realised profits have dropped significantly, suggesting that selling pressure is easing. The MVRV ratio, a key valuation metric, sits in a neutral zone — indicating Bitcoin is neither overbought nor undervalued at current levels. ### **4. Price Prediction Scenarios for November** - **Bullish Case:** If Bitcoin maintains support and global liquidity improves, prices could rise toward $120,000–$123,000 by late November. Renewed ETF inflows or dovish signals from the Fed could act as strong catalysts. - **Neutral Case:** Bitcoin consolidates between $108,000–$115,000, preparing for a potential December breakout as market sentiment stabilises. - **Bearish Case:** A break below $104,000 could extend the correction toward $95,000–$98,000, though such dips are expected to be short-lived due to high institutional interest. ### **5. Long-Term Outlook** Despite short-term volatility, Bitcoin’s long-term trend remains decisively bullish. The post-halving environment, combined with rising adoption and a shrinking exchange supply, supports the case for a major rally in 2026. In essence, November could be Bitcoin’s final consolidation phase before the next leg of the bull run. Investors who remain patient and focus on fundamentals rather than fear-driven corrections are likely to benefit as the market resets for the next wave of growth. ### **Conclusion** Bitcoin’s November outlook balances caution with opportunity. While macroeconomic uncertainty has slowed momentum, underlying fundamentals and institutional demand continue to strengthen. Whether BTC finishes the month closer to $100,000 or $120,000, one thing is clear — **Bitcoin’s long-term story remains intact**, and the best may still be ahead. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Crypto Market Update:Key Reasons Behind the 2025 Correction](https://blog.unocoin.com/crypto-market-updatekey-reasons-behind-the-2025-correction/) **Published:** November 7, 2025 **Author:** Unocoin Growth **Content:** After a strong start to 2025 that saw Bitcoin and major altcoins reach new post-halving highs, the **crypto market entered a correction phase**, leaving investors questioning what went wrong. Corrections are natural in any bull market, but the 2025 downturn has been shaped by a unique mix of **macroeconomic, regulatory, and market-driven factors**. Understanding these reasons offers crucial insight into what’s next for digital assets. ### **1. Macroeconomic Pressure: Inflation and Interest Rate Uncertainty** One of the biggest triggers behind the current correction is **renewed inflationary pressure** across global markets. Despite early-year optimism following the U.S. Federal Reserve’s rate cut, inflation data in late Q3 surprised to the upside. Investors, expecting further monetary easing, were forced to adjust as central banks maintained a cautious stance. Rising yields and a stronger U.S. dollar led many institutional traders to shift funds from risk assets like crypto back into traditional markets. This **liquidity drain** hit Bitcoin and altcoins particularly hard, causing prices to consolidate after months of aggressive gains. ### **2. Profit-Taking After Massive Bull Run** The crypto market witnessed an extraordinary rally in the first half of 2025, with Bitcoin touching **$125,000** and Ethereum briefly crossing **$5,000**. Altcoins such as Solana, XRP, and Avalanche also posted triple-digit gains. Naturally, long-term holders and institutional investors began **locking in profits**, triggering sell-offs across major exchanges. This wave of profit-taking, while healthy for market structure, intensified short-term volatility and caused cascading liquidations in futures markets. In essence, what we’re seeing now isn’t a crash — it’s a **market reset**, paving the way for the next sustainable leg of the bull cycle. ### **3. Regulatory Developments and Market Caution** Another key factor behind the correction is the renewed focus on **crypto regulations** in major economies. The U.S., India, and parts of the EU have proposed stricter frameworks for stablecoins, DeFi protocols, and centralized exchanges. While regulatory clarity is essential for long-term growth, short-term uncertainty tends to shake investor confidence. The anticipation of compliance measures and tax implications prompted a temporary slowdown in trading activity, especially among retail investors. ### **4. Bitcoin Dominance and Liquidity Shifts** As Bitcoin remains the primary store of value in the crypto ecosystem, changes in its dominance index often influence the broader market. During this correction, Bitcoin dominance rose above **54%**, suggesting investors are moving away from altcoins into safer assets. This shift drained liquidity from smaller tokens and DeFi projects, causing sharper corrections in mid-cap and low-cap coins compared to BTC or ETH. However, such consolidation phases often precede **capital rotation**, where funds flow back into altcoins once Bitcoin stabilizes. ### **5. Geopolitical and Market Sentiment Factors** Finally, broader **geopolitical tensions**, including trade uncertainties and tech export restrictions, have added a layer of caution to global investors. Combined with occasional exchange outages and whale movements, sentiment turned risk-averse — a natural reaction after months of overexuberance. ### **Conclusion** The 2025 correction is not a sign of crypto weakness but a **healthy recalibration** after a powerful bull phase. Strong on-chain fundamentals, institutional accumulation, and ongoing innovation in networks like **Solana, Ethereum, and Bitcoin’s Layer-2 ecosystem** continue to build long-term value. As markets digest macro and regulatory shifts, investors with patience and discipline may find this period a **strategic buying opportunity** before the next leg of the digital asset expansion begins. **Categories:** Development --- ### [How to Buy Cryptocurrency in India with INR — Step-by-Step (2025)](https://blog.unocoin.com/how-to-buy-cryptocurrency-in-india-with-inr/) **Published:** November 6, 2025 **Author:** Unocoin Growth **Content:** Buying cryptocurrency in India with INR is now straightforward — if you know the right steps. In this guide, we’ll walk you through **how to buy cryptocurrency in India with INR**: from choosing a trusted exchange and completing KYC to depositing INR (UPI, bank transfer) and finally buying coins on INR trading pairs. This step-by-step approach keeps your funds secure and helps you avoid common mistakes. ## Why buy with INR? Buying directly with INR removes unnecessary conversion steps (no USD/USDT bridge), reduces fees and speeds up settlement — especially useful for retail Indian investors buying small amounts frequently. Many Indian exchanges support INR pairs like **BTC/INR** and **ETH/INR**, making execution simpler. ## Step 1 — Choose a trusted Indian exchange Pick an exchange with strong local credentials, clear KYC processes, transparent fees and good customer support. Unocoin has served Indian users since 2013 and provides INR trading and wallet services. **What to check:** - Local INR pairs (BTC/INR, ETH/INR) - Simple INR deposit methods (UPI, NEFT/IMPS) - Low/clear trading fees and withdrawal policy - Customer support & uptime ## Step 2 — Create account & complete KYC Register using your mobile and email, then complete KYC (PAN + Aadhaar or passport + proof of address) — KYC is standard across Indian exchanges to comply with AML rules and to enable INR deposits and withdrawals. Expect ID verification, selfie checks and bank account linking. **Quick tip:** Use the exact name on your bank account and PAN to avoid payment failures. ## Step 3 — Deposit INR Most exchanges accept INR via multiple rails. Common deposit methods: - **NEFT/IMPS/RTGS or Virtual Bank Deposit** — good for larger transfers or when UPI limits apply. - **Third-party payment partners / Netbanking**. Unocoin provides clear support documentation on depositing INR and using virtual bank deposit options for faster crediting. ## Step 4 — Choose the right market & order type **INR pairs (recommended for Indians):** BTC/INR, ETH/INR, BNB/INR — buy directly in rupees. This avoids conversion fees from INR→USDT→coin. Many Indian exchanges list common INR pairs. **Order types explained (simple):** - **Market order:** Instant execution at current price (fast but slippage possible). - **Limit order:** Set your desired price; fills when the market reaches it (better control & often lower fees). - **Stop-loss / Take-profit:** Useful for risk management. **Pro tip:** For first buys, place a small limit order to avoid paying market spread during volatility. ## Step 5 — Confirm, secure & move to wallet if holding long term After purchase, funds will appear in your exchange wallet. For long-term holding, consider moving crypto to a secure non-custodial wallet (hardware or trusted software). Exchanges are convenient for trading, but personal custody reduces counterparty risk. **Security checklist:** - Enable **2FA** (Google Authenticator) - Use **strong passwords** and unique email accounts - Consider **cold storage** ([Paper wallet](https://blog.unocoin.com/paper-wallet-private-key/)) for large holdings ## Costs & fees to watch - **[Trading fees](https://unocoin.com/in/support/fees/):** Maker/taker structure — check exchange schedule. - **Deposit/withdrawal fees:** INR bank charges or UPI limits. - **Spread:** Difference between buy and sell price — wide during low liquidity. Always review the fee page before transacting to avoid surprises. ## Taxes & record keeping [Crypto gains are taxable under Indian law](https://blog.unocoin.com/crypto-taxation-in-india-a-comprehensive-guide-for-2025/) and require accurate records for purchases and sales. Maintain trade receipts, deposit vouchers and KYC documents; consult a tax professional for personalised advice. (This is not tax advice.) ## Common problems & solutions **Deposit not credited?** — Check account ID & match name & transaction UTR. Contact exchange support with proof. [Unocoin](https://unocoin.com/in/support/how-it-works/?utm_source=chatgpt.com) **KYC stuck?** — Re-upload clear ID scans; use recommended file formats. **High fees?** — Use INR pairs, limit orders, or loyalty programs if available. ## Example — [Buy ₹100 of Bitcoin ](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/?utm_source=chatgpt.com) 1. Login → Go to BTC/INR page. 2. Click **Buy**, enter ₹100. 3. Choose Market Instant or Exchange (set price). 4. Confirm & check wallet balance. (You can follow Unocoin’s beginner guide for screenshots and the app flow.) ## Why choose INR rails? Buying directly with INR is cheaper, faster and simpler for Indian users — it avoids stablecoin bridges and makes bookkeeping easier for tax purposes. Using trusted Indian exchanges reduces friction and supports INR withdrawals back to your bank. ## FAQ **Q1: Can I buy crypto instantly with UPI in India?** Many exchanges support instant UPI deposits; amounts and limits depend on your bank and platform. Always follow the exchange deposit instructions. **Q2: Which coins can I buy directly with INR?** Popular INR trading pairs include BTC, ETH, ADA, SOL and 100+ other major coins, depending on the exchange. Check the [Unocoin exchange markets page for the full list](https://unocoin.com/in/support/fees/). **Q3: Is KYC mandatory?** Yes — KYC is required on Indian exchanges to comply with AML regulations and to enable INR deposits/withdrawals along with crypto deposits & withdrawals. **Q4: How secure is Unocoin?** Unocoin has been operating in India since 2013 with local support and INR services — follow security best practices like 2FA and cold wallets for long-term storage. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog, Development **Tags:** Buy Crypto --- ### [Solana Blockchain: Powering the Next Era of Web3 and DeFi Innovation](https://blog.unocoin.com/solana-blockchain-powering-the-next-era-of-web3-and-defi-innovation/) **Published:** November 6, 2025 **Author:** Unocoin Growth **Content:** The blockchain industry is evolving faster than ever, and Solana stands at the heart of this transformation. Designed for speed, scalability, and cost efficiency, Solana has rapidly become the preferred blockchain for Web3 applications, DeFi platforms, and NFT ecosystems. In 2025, as the crypto landscape matures, Solana continues to prove that it’s more than just an Ethereum alternative—it’s the backbone of the next digital economy. ### **Unmatched Speed and Scalability** At its core, Solana’s strength lies in its unique Proof-of-History (PoH) mechanism combined with Proof-of-Stake (PoS) consensus. This dual system allows the network to process over 65,000 transactions per second (TPS) with near-zero fees. Unlike Ethereum, where congestion can spike gas fees to several dollars, Solana users typically pay fractions of a cent. This scalability advantage makes it ideal for DeFi protocols, gaming projects, and decentralized social platforms that demand high throughput. Developers across the globe are drawn to Solana’s efficiency. From automated trading platforms to NFT marketplaces, Solana’s performance enables real-time, high-volume applications that simply aren’t feasible on slower networks. ### **The Rise of Solana DeFi** Solana’s DeFi ecosystem has seen explosive growth, hosting leading projects like Marinade Finance, Jupiter, and MarginFi. These platforms offer everything from yield farming and staking to liquid trading pairs, all powered by Solana’s lightning-fast infrastructure. The result is a seamless DeFi experience that rivals traditional financial platforms in speed and reliability. Moreover, Solana’s integration with cross-chain bridges has made it easier for users to move assets between networks, bringing liquidity and interoperability to decentralized finance. This connectivity is crucial as the crypto space transitions into **Web3**, where value flows freely across ecosystems without friction. ### **NFTs and Web3 Revolution** Beyond DeFi, Solana has become a creative hub for the NFT and Web3 revolution. Its low-cost transactions make it accessible for artists, game developers, and creators launching digital collectibles or in-game assets. Platforms like Magic Eden and Tensor have positioned Solana as one of the top networks for NFT trading, with millions of assets minted and traded every month. The blockchain also supports next-generation Web3 applications, including decentralized social media, metaverse projects, and data marketplaces. These innovations are helping redefine online ownership, allowing users to control their identity, assets, and data in a decentralized way. ### **SOL Price and Market Outlook** As of late 2025, Solana’s native token (SOL) has rebounded strongly, supported by rising network activity and institutional adoption. With growing developer participation and upcoming upgrades like Firedancer—a new validator client aimed at boosting throughput—analysts expect Solana to maintain long-term momentum. While short-term volatility persists due to overall crypto market corrections, Solana’s fundamentals remain strong. Its consistent performance, community growth, and real-world utility position it as a leader in the next wave of blockchain innovation. ### **Conclusion** Solana’s blend of performance, affordability, and developer support makes it one of the most promising ecosystems in the blockchain world. As Web3 and DeFi evolve, Solana isn’t just keeping pace—it’s **setting the standard for the decentralised internet of the future**. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Solana --- ### [Top Crypto Coins to Invest in November 2025](https://blog.unocoin.com/top-crypto-coins-to-invest-in-november-2025/) **Published:** November 4, 2025 **Author:** Unocoin Growth **Content:** The crypto market has maintained a neutral yet cautiously optimistic tone through November 2025, as global conditions stabilise and institutional investments continue to rise. With Bitcoin holding strong above $124K and Ethereum showing signs of consistent recovery, investor confidence is shifting toward high-market-cap tokens that combine strong fundamentals with real-world adoption. If you’re looking for the best crypto coins to invest in this month, this guide highlights the Top 10 Cryptocurrencies in November 2025 based on market capitalisation and performance data. Let’s dive in! ## **Top 10 Cryptos by Market Cap (as of October 30, 2025)** **Name****Price****24h %****7d %****Market Cap****Volume (24h)**Bitcoin$108,606.204.15%0.34%$2,165,825,328,553$75,167,836,402Ethereum$3,830.614.85%0.24%$462,347,141,495$43,227,936,447Tether$1.000.02%0.01%$183,338,495,930$161,498,133,702BNB$1,101.481.30%0.94%$151,716,651,870$3,991,166,103XRP$2.505.96%4.89%$150,250,350,733$6,130,397,813Solana$188.386.22%0.31%$103,578,791,262$9,688,519,898USDC Coin$1.000.03%0.01%$76,116,528,961$21,625,771,117Dogecoin$0.186.16%4.45%$28,006,470,945$3,290,195,233Tron$0.291.56%9.09%$27,740,454,591$1,302,178,669Cardano$0.624.95%2.78%$22,245,059,905$1,250,728,676 *Source: CoinMarketCap | Updated on 30th October 2025* The crypto market is buzzing again — and November 2025 is shaping up to be a golden month for smart investors. After a year of steady recovery and a series of bullish breakouts, digital assets are showing strong signs of long-term growth. From Bitcoin’s renewed institutional demand to Solana’s DeFi revival, the market sentiment is turning decisively positive. Whether you’re new to crypto or a seasoned holder, understanding *which coins are leading the charge* this month can help you make smarter, more strategic investments. Let’s explore the Top 10 Cryptocurrencies to Invest in November 2025 — complete with current stats, founder details, and insights — curated by Unocoin, India’s first and most trusted crypto exchange since 2013. ## Market Outlook: What’s Driving Crypto Investments in 2025 2025 has been a defining year for digital assets. The combination of regulatory clarity in India, global institutional adoption, and new blockchain innovations has reignited investor confidence. Key trends shaping this year’s crypto growth: - **Bitcoin ETF inflows** continue to push liquidity into the market. - **DeFi and Web3 projects** are gaining serious traction, led by Solana and Ethereum. - **AI-integrated tokens** are attracting next-gen investors. - **Indian investor participation** has surged by 40% since January 2025 (Unocoin data). Now, let’s break down the **top-performing crypto assets** worth adding to your portfolio this month. ## 1. **Bitcoin (BTC)** – The Digital Gold Bitcoin remains the cornerstone of every crypto portfolio. Its consistent dominance and institutional backing make it the safest long-term bet in digital assets. MetricValue**Current Price**₹6,800,000**Market Cap**₹133 Trillion**Circulating Supply**19.7 Million BTC**Max Supply**21 Million BTC**24h Volume**₹2.2 Trillion**2025 YTD Change**+42%**Founder Name**Satoshi Nakamoto **Key Insight:** Bitcoin’s halving-driven scarcity and ETF adoption continue to strengthen its narrative as a *digital hedge against inflation*. [BUY BITCOIN](https://unocoin.com/in/exchange/inr/btc) ## 2. **Ethereum (ETH)** – The Smart Contract Giant Ethereum remains the backbone of DeFi and NFTs. With its transition to **Proof-of-Stake**, ETH has become both eco-friendly and yield-generating. MetricValue**Current Price**₹2,20,000**Market Cap**₹26 Trillion**Circulating Supply**120 Million ETH**Max Supply**Unlimited**24h Volume**₹1.5 Trillion**2025 YTD Change**+38%**Founder Name**Vitalik Buterin **Key Insight:** Ethereum’s L2 expansion (Arbitrum, Base, and Optimism) is reducing fees and making it more scalable — a bullish sign for long-term investors. [BUY ETHEREUM](https://unocoin.com/in/exchange/inr/eth) ## 3. **Solana (SOL)** – The Speed King of DeFi Solana continues to impress with its lightning-fast transactions and growing NFT ecosystem. MetricValue**Current Price**₹14,500**Market Cap**₹6.2 Trillion**Circulating Supply**450 Million SOL**Max Supply**570 Million SOL**24h Volume**₹420 Billion**2025 YTD Change**+61%**Founder Name**Anatoly Yakovenko **Key Insight:** SOL’s dominance in high-speed DeFi and on-chain gaming makes it a favorite for developers — and a gem for investors. [BUY SOLANA](https://unocoin.com/in/exchange/inr/sol) ## **4.XRP (Ripple)** – The Banking Bridge XRP’s regulatory clarity has boosted its adoption among global banks for cross-border payments. MetricValue**Current Price**₹53**Market Cap**₹2.9 Trillion**Circulating Supply**55 Billion XRP**Max Supply**100 Billion XRP**24h Volume**₹200 Billion**2025 YTD Change**+27%**Founder Name**Jed McCaleb & Chris Larsen **Key Insight:** Ripple’s growing partnerships with financial institutions position XRP as a serious global settlement solution. [BUY XRP](https://unocoin.com/in/exchange/inr/xrp) ## **5.Cardano (ADA)** – The Academic Innovator Cardano’s scientific approach to blockchain design gives it a strong foundation for sustainable growth. MetricValue**Current Price**₹34**Market Cap**₹1.4 Trillion**Circulating Supply**35 Billion ADA**Max Supply**45 Billion ADA**24h Volume**₹60 Billion**2025 YTD Change**+22%**Founder Name**Charles Hoskinson **Key Insight:** With its ongoing Hydra scaling upgrade, Cardano is becoming a DeFi-friendly ecosystem with strong long-term fundamentals. [BUY CARDANO](https://unocoin.com/in/exchange/inr/ada) ## **6.Dogecoin (DOGE)** – The Meme That Won’t Quit Dogecoin continues to surprise the market with community-driven energy and occasional Elon Musk mentions. MetricValue**Current Price**₹12**Market Cap**₹1.5 Trillion**Circulating Supply**140 Billion DOGE**Max Supply**Unlimited**24h Volume**₹85 Billion**2025 YTD Change**+19%**Founder Name**Billy Markus & Jackson Palmer **Key Insight:** DOGE remains the “fun coin” of the market but also a growing payment token across merchants and online platforms. [BUY DOGECOIN](https://unocoin.com/in/exchange/inr/doge) ## **7.Polkadot (DOT)** – The Multi-Chain Connector Polkadot’s vision of blockchain interoperability continues to evolve, allowing multiple blockchains to communicate seamlessly. MetricValue**Current Price**₹550**Market Cap**₹720 Billion**Circulating Supply**1.3 Billion DOT**Max Supply**Unlimited**24h Volume**₹35 Billion**2025 YTD Change**+33%**Founder Name**Gavin Wood **Key Insight:** DOT’s focus on cross-chain communication could be pivotal as Web3 ecosystems expand. [BUY POLKADOT](https://unocoin.com/in/exchange/inr/dot) ## 8. **Chainlink (LINK)** – The Data Powerhouse Chainlink connects smart contracts with real-world data, making it essential for DeFi automation. MetricValue**Current Price**₹1,250**Market Cap**₹610 Billion**Circulating Supply**508 Million LINK**Max Supply**1 Billion LINK**24h Volume**₹48 Billion**2025 YTD Change**+40%**Founder Name**Sergey Nazarov **Key Insight:** With rising demand for oracle services, LINK remains one of the most utility-driven tokens in crypto. [BUY CHAINLINK](https://unocoin.com/in/exchange/inr/link) ## 9. **Litecoin (LTC)** – The Digital Silver Litecoin continues to prove its worth as a reliable peer-to-peer payment option with low fees and fast confirmations. MetricValue**Current Price**₹7,200**Market Cap**₹530 Billion**Circulating Supply**74 Million LTC**Max Supply**84 Million LTC**24h Volume**₹40 Billion**2025 YTD Change**+18%**Founder Name**Charlie Lee **Key Insight:** LTC remains one of the oldest, most battle-tested coins in the crypto market — perfect for conservative investors. [BUY LITECOIN](https://unocoin.com/in/exchange/inr/ltc) ## 10. **Avalanche (AVAX)** – The Scalable Star Avalanche’s ultra-fast blockchain continues to attract developers for DeFi, NFTs, and enterprise projects. MetricValue**Current Price**₹3,000**Market Cap**₹430 Billion**Circulating Supply**365 Million AVAX**Max Supply**720 Million AVAX**24h Volume**₹55 Billion**2025 YTD Change**+46%**Founder Name**Emin Gün Sirer **Key Insight:** AVAX’s unique subnet architecture is driving adoption from institutional and Web3 developers alike. [BUY AVALANCHE](https://unocoin.com/in/exchange/inr/avax) ## Expert Take: Which Coin Has the Strongest Potential? If you’re looking for stability and trust, Bitcoin and Ethereum remain unbeatable. For growth potential, Solana and Avalanche lead the innovation race. And for affordable entry opportunities, Cardano and Polkadot offer solid long-term upside. Smart investors often diversify — mixing established giants (BTC, ETH) with emerging DeFi players (SOL, AVAX, LINK). ## How to Buy Crypto Safely in India with Unocoin Buying and holding crypto is simple and secure with **Unocoin** — India’s oldest and most trusted cryptocurrency exchange. Here’s how to get started: 1. **Sign up** on [Unocoin.com](https://www.unocoin.com) or download the Unocoin app. 2. **Complete KYC** in minutes. 3. **Deposit INR** via bank transfer or UPI. 4. **Buy your favourite coin** instantly — Bitcoin, Ethereum, Solana, and more. 5. **Track prices** and grow your portfolio seamlessly. Unocoin ensures secure wallets, low fees, and real-time market data to make crypto trading easy for everyone. ## FAQs **1️⃣ Which cryptocurrency is best for beginners in 2025?** Bitcoin (BTC) and Ethereum (ETH) are ideal for beginners due to their market stability and strong community support. **2️⃣ What is the safest way to buy crypto in India?** Using a regulated and trusted exchange like **Unocoin**, which offers secure wallets, INR deposits, and transparent trading policies. **3️⃣ Which coins have the highest growth potential in 2025?** Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) are gaining investor interest due to their real-world use cases and developer activity. **4️⃣ Can I start with a small investment?** Yes! With Unocoin, you can start investing with as little as ₹100 and gradually build your crypto portfolio. ## Conclusion November 2025 brings a mix of stability, innovation, and opportunity to the crypto space. Whether you’re stacking Bitcoin for the long run or exploring Solana’s DeFi boom, there’s no better time to build your crypto journey. **Start investing today with [Unocoin](https://www.unocoin.com)** — trade, earn, and grow with India’s most trusted crypto exchange. **Categories:** Development --- ### [US Fed Cuts Rates by 25 Basis Points](https://blog.unocoin.com/us-fed-cuts-rates-by-25-basis-points-2/) **Published:** October 30, 2025 **Author:** Unocoin Growth **Content:** The U.S. Federal Reserve concluded its October 2025 policy meeting with a 25-basis-point rate cut, lowering the benchmark interest rate to a range of 3.75%–4.00%. This move marked the second consecutive rate reduction of the year, signaling the Fed’s cautious approach to balancing inflation control with economic growth. While the cut was widely anticipated by the markets, the tone of the statement and subsequent comments from the Fed Chair hinted that another rate cut in December may not be guaranteed. This tempered investor enthusiasm and led to a mild correction across global equities and crypto markets immediately after the announcement. ### **Balancing Inflation and Employment** The Fed’s decision came amid persistent inflation pressures, with the U.S. Consumer Price Index (CPI) rising to 3% in September 2025, slightly higher than August’s 2.9%. Despite gradual cooling in price growth, the central bank continues to walk a fine line between sustaining employment and ensuring inflation stays within target levels. The October rate cut suggests the Fed is now focusing more on stabilizing the job market, which has shown signs of softening over recent months. The committee emphasized that future policy decisions will remain “data-dependent,” assessing inflation trends, employment data, and economic growth indicators before any additional rate adjustments. ### **Market Reaction and Economic Implications** Initially, U.S. stock indices reacted with caution as investors processed the Fed’s mixed message—an expected rate cut paired with a restrained outlook for further easing. Bond yields softened marginally, reflecting expectations of potential policy support in 2026, but the limited transmission of the current cut to long-term rates indicates that more action might be needed if growth weakens further. Globally, emerging markets are expected to benefit from the Fed’s move. Softer U.S. yields typically make assets in developing economies more attractive to foreign investors, boosting equity and debt inflows. For India, this could mean increased liquidity, stronger foreign investment, and an enhanced outlook for financial and consumption-driven sectors. Additionally, optimism surrounding a potential U.S.-China trade deal and the anticipated India-U.S. trade partnership are likely to improve global sentiment in the coming months. ### **Impact on Crypto and Digital Assets** The cryptocurrency market responded sharply following the announcement. Bitcoin and Ethereum initially spiked but quickly reversed as traders took profits amid high leverage and market uncertainty. Over $700 million in positions were liquidated globally within 24 hours, underscoring the sensitivity of digital assets to macroeconomic shifts. Analysts suggest that while the rate cut theoretically supports risk assets like crypto by improving liquidity conditions, the absence of a clear dovish signal from the Fed limits immediate upside momentum. For now, any bounce in prices is expected to be a short-lived relief rally rather than the beginning of a new uptrend. ### **Looking Ahead** With the Fed funds rate now approaching the estimated neutral level of 3.25%, markets anticipate one or two more rate cuts in 2026 if growth data weakens. Investors are watching closely for signs of a pivot toward sustained monetary easing. For Indian markets and crypto traders alike, the Fed’s decision offers both opportunity and caution. While global liquidity may improve, volatility will remain high as policy uncertainty persists. In the near term, the focus will be on inflation data, employment trends, and the evolving trade landscape—factors that will shape the next phase of the economic and crypto market cycle. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Pepe Coin Price in INR — Live Rate, History & How to Buy on Unocoin](https://blog.unocoin.com/pepe-coin-price-inr/) **Published:** October 28, 2025 **Author:** Unocoin Growth **Content:** **What is Pepe (PEPE)?** Pepe (PEPE) is a meme cryptocurrency inspired by the iconic internet character “Pepe the Frog.” Launched in April 2023 on the Ethereum blockchain, it quickly gained massive popularity for its humour-driven community and viral growth. For Indian investors tracking **Pepe coin price in INR**, this token stands out as one of the most talked-about meme coins in the world — often compared with Shiba Inu and Dogecoin for its cult-like following and rapid price swings. **Live Pepe Coin Price in INR (on Unocoin)** As of now, the Pepe coin price in INR is around ₹0.00063 – ₹0.00066 per PEPE token. You can check the real-time Pepe coin price directly on Unocoin’s live market section — India’s most trusted crypto trading platform since 2013. **Example:** With just ₹1000 on Unocoin, you could buy over 1.5 million PEPE tokens (depending on the current rate). [![PEPE 7D graph coinmarketcap](https://blog.unocoin.com/wp-content/uploads/2025/10/PEPE_7D_graph_coinmarketcap-1024x683.jpeg "PEPE7Dgraphcoinmarketcap | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/10/PEPE_7D_graph_coinmarketcap.jpeg)PEPE 7D graph coinmarketcap**Why Indian Traders Prefer Unocoin for PEPE Coin** Unocoin provides a smooth and secure experience to buy and trade PEPE in INR. Here’s why it’s the best choice for Indian crypto users: - **Direct INR trading:** Deposit INR via bank transfer or UPI. - **100% secure wallets:** Your PEPE and other cryptos are safely stored. - **Low trading fees:** Save more on every trade. - **Trusted since 2013:** India’s longest-running crypto exchange. - **Instant withdrawals:** Convert your profits to INR anytime. Ready to get started? Sign up on Unocoin and track [**Pepe coin price in INR**](https://unocoin.com/in/exchange/inr/pepe) live! **Why Pepe’s Price is So Low (Yet Hyped)** Pepe has a massive supply — around 420 trillion tokens. Because of this, the per-token price stays tiny even when its total market capitalisation grows. Unlike utility coins, meme coins like PEPE are driven by hype, social trends, and viral culture, not necessarily by use case. However, their explosive growth potential continues to attract traders looking for short-term gains. **Pepe Coin Price History (INR Overview)** Here’s a quick look at how PEPE has performed: - **Current Price:** ~₹0.00064 - **7-Day Change:** +3% (approx.) - **All-Time High:** ₹0.002494 (INR) — December 2024 - **All-Time Low:** ₹0.099382 (INR) — shortly after launch This volatility is exactly what draws meme-coin enthusiasts — the price can move rapidly, offering high-risk, high-reward potential. **How to Buy Pepe Coin in India (via Unocoin)** Buying PEPE on Unocoin is simple: - **Create a free account** on [Unocoin.com](https://unocoin.com/in/) - **Complete KYC** using your PAN & Aadhaar. - **Deposit INR** via bank transfer. - **Search for “PEPE”** and view the **Pepe coin price in INR**. - **Buy instantly** and hold in your secure Unocoin wallet. You can also set price alerts on Unocoin to get notified when PEPE hits your target price. **Why Indians Track “Pepe Coin Price in INR”** - **Affordability:** Small investors can own millions of tokens with minimal capital. - **Speculation potential:** Perfect for short-term trend traders. - **Diversification:** Adds a fun, meme-driven element to portfolios dominated by Bitcoin or Ethereum. - **Cultural buzz:** Indian crypto communities on Twitter and Telegram often discuss PEPE price rallies and dip-buying strategies. **Should You Invest in Pepe Coin?** Pepe is a speculative token, not a fundamental investment. If you choose to buy, keep it a small part of your portfolio and stay updated with Unocoin’s live market data. Remember: **high risk = high volatility.** Meme coins can give quick profits — or sudden losses. Always do your own research and invest responsibly. Also read: [How to buy Bitcoin in India](https://blog.unocoin.com/bitcoin-price-in-india/) **FAQ: Pepe Coin Price in INR (India)** **Q1. What’s the current PEPE price in INR? At the time of writing, 1 PEPE ≈ ₹₹0.00064. Check the live Pepe coin price in INR on Unocoin. **Q2. How many PEPE coins can ₹500 buy? ₹500 ≈ 780,000 PEPE (approx.) based on live rates. **Q3. Is PEPE available for trading on Indian exchanges? Yes, you can buy and sell PEPE directly in INR on Unocoin. **Q4. What makes PEPE different from Dogecoin or Shiba Inu? PEPE is entirely community-driven, without team presales or taxes. Its humour and cultural memes drive engagement and market movements. **Q5. Can I store PEPE safely on Unocoin? Absolutely. Unocoin’s wallets are built for security and reliability, allowing you to trade and hold your PEPE safely. ## **Final Thoughts** The **Pepe coin price in INR** may seem tiny — but its community strength and meme culture keep it relevant among Indian traders. If you’re exploring meme coins, track the **live PEPE price on Unocoin**, set alerts, and trade wisely. Unocoin makes it simple, secure, and fun to invest in trending cryptos like Pepe. Visit Unocoin.com to explore live prices and start your journey in India’s crypto world today. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog, Featured **Tags:** Coin analysis, pepe --- ### [Madras High Court Recognises Cryptocurrency as Property](https://blog.unocoin.com/madras-high-court-recognises-cryptocurrency-as-property/) **Published:** October 27, 2025 **Author:** Unocoin Growth **Content:** In a landmark decision that could redefine the future of digital finance in India, the Madras High Court has officially recognised cryptocurrency as “property” under Indian law. The ruling marks a significant milestone for investors, exchanges, and blockchain innovators, providing long-awaited legal clarity on the status of virtual assets in the country. ### **A Historic Legal Recognition** Justice N. Anand Venkatesh, presiding over the case, declared that cryptocurrencies, though intangible, possess the attributes of property — capable of ownership, possession, and transfer. The court stated that crypto assets “are not currency, nor tangible assets, but are properties capable of being enjoyed, transferred, and held in trust.” This legal acknowledgement came while hearing a petition involving a dispute over 3,532 XRP tokens frozen after a cyberattack on an exchange account. The court upheld the investor’s right to the tokens, ruling that digital assets deserve the same protection as traditional forms of property under Indian law. ### **A Step Towards Regulatory Maturity** Until now, the absence of a clear legal definition for cryptocurrencies has left investors and institutions navigating a grey zone. The Madras High Court’s verdict helps bridge this gap by aligning Indian jurisprudence with international precedents such as *Ruscoe v. Cryptopia Ltd* (New Zealand), where crypto was also treated as intangible property. By classifying digital tokens as property, the court indirectly strengthens their standing under Section 2(47A) of the Income Tax Act, 1961, which already defines “virtual digital assets.” This means investors’ holdings are not just speculative numbers on a blockchain — they are recognised legal assets capable of being owned, inherited, or held in trust. ### **Why This Matters for the Crypto Ecosystem** This ruling comes at a crucial time for India’s rapidly expanding crypto ecosystem. Exchanges, investors, and projects now have stronger legal grounds to defend ownership, recover assets, and structure their operations more transparently. For traders, it enhances confidence in digital asset ownership — a critical factor for mainstream adoption. For businesses, it opens new doors for innovation, as crypto-backed products, tokenised property, and DeFi applications gain a firmer legal foundation. Moreover, it underscores India’s gradual shift toward a balanced regulatory approach — acknowledging crypto’s risks while embracing its potential to modernise finance. ### **Implications for Investors and Projects** Recognising cryptocurrencies as property paves the way for clearer taxation, estate transfers, and dispute resolution. However, it also signals the beginning of stricter accountability. Exchanges must ensure transparent custody practices, investors should maintain accurate records for taxation, and project founders must comply with AML and KYC norms. ### **A New Chapter for India’s Digital Future** The Madras High Court’s verdict is not merely a legal milestone — it’s a statement of progress. It validates the legitimacy of digital ownership and aligns India’s stance with global standards. As the nation prepares for a blockchain-driven decade, this recognition could serve as the cornerstone for future regulation, investor protection, and innovation. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Solana: The Blockchain Wall Street of Today – SOL Surges as DeFi & NFTs Take Over](https://blog.unocoin.com/solana-the-blockchain-wall-street-of-today-sol-surges-as-defi-nfts-take-over/) **Published:** October 24, 2025 **Author:** Unocoin Growth **Content:** Solana (SOL) is rapidly establishing itself as a powerhouse in the blockchain space, earning the nickname “the Blockchain Wall Street” for its high-speed, low-cost network that is attracting both institutional and retail attention. October 2025 has been a landmark month for Solana, with its native token, SOL, experiencing a notable surge in price as decentralised finance (DeFi) projects and non-fungible tokens (NFTs) drive network activity to new heights. ### **Solana’s Unique Position in DeFi and NFTs** Solana’s blockchain infrastructure allows it to process thousands of transactions per second with minimal fees, a feature that sets it apart from older networks like Ethereum. This scalability has made it a preferred choice for DeFi platforms offering lending, borrowing, and yield farming services. As users seek faster and more cost-efficient alternatives, SOL has become central to staking and liquidity provision across multiple protocols. In the NFT space, Solana has emerged as a hub for creators, collectors, and marketplaces. Its fast transaction speeds enable seamless minting and trading of digital collectibles, while low fees encourage smaller transactions that would be cost-prohibitive on other chains. These innovations have significantly increased SOL’s utility, driving demand and contributing to its price surge. ### **SOL Price Momentum** The SOL token has seen impressive gains, moving from around $140 in early October to over $165 within the last week. This bullish momentum reflects strong adoption of both DeFi applications and NFT ecosystems on Solana. Analysts note that the combination of increased on-chain activity and growing investor interest is fueling this rally. From a technical standpoint, SOL has formed a strong support zone near $150, with resistance levels approaching $170. Breaking this resistance could set the stage for SOL to challenge new highs, driven by network growth and capital inflows from institutional and retail investors alike. ### **Future Outlook for Solana** Looking ahead, several factors are likely to maintain Solana’s upward trajectory: 1. **DeFi Expansion**: As more projects deploy on Solana, the network’s total value locked (TVL) is expected to rise, enhancing the demand for SOL as a utility token. 2. **NFT Adoption**: Continued growth in digital collectables, gaming NFTs, and metaverse projects will increase transactional activity, reinforcing SOL’s network effect. 3. **Institutional Engagement**: Financial institutions are increasingly exploring Solana for trading, staking, and digital asset management, which could further stabilise and boost SOL’s market value. Additionally, network upgrades aimed at increasing scalability and security will continue to improve Solana’s attractiveness to developers and investors, ensuring that it remains competitive in the rapidly evolving blockchain ecosystem. ### **Considerations and Risks** Despite its momentum, SOL is not immune to volatility. Market sentiment shifts, regulatory developments, or sudden declines in DeFi and NFT activity could temporarily impact price performance. Investors should remain mindful of broader crypto market trends while evaluating Solana’s long-term growth potential. ### **Conclusion** Solana’s rapid adoption and innovation in DeFi and NFTs have positioned it as the “Blockchain Wall Street” of today. With increasing utility, robust network activity, and growing investor confidence, SOL is poised for continued growth. October 2025 showcases the blockchain’s transformative potential and SOL’s role as a leading digital asset in the decentralised economy. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [XRP Ledger Gains Momentum: XRP Price Moves](https://blog.unocoin.com/xrp-ledger-gains-momentum-xrp-price-moves/) **Published:** October 22, 2025 **Author:** Unocoin Growth **Content:** October 2025 has been a noteworthy month for the XRP Ledger (XRPL) and its native token, XRP. The digital asset has shown remarkable resilience amid global market fluctuations, reflecting growing adoption and investor confidence. As of mid-October, XRP is trading in the $2.40–$2.50 range, demonstrating a healthy uptrend from previous weeks. The price movement reflects both market dynamics and underlying technological developments in the XRPL ecosystem. ### **XRP Ledger Growth Driving Momentum** The XRP Ledger has been gaining traction due to its robust infrastructure and real-world use cases. Over the past month, transaction volume and network activity have surged, indicating increasing adoption for payments and settlements. XRPL’s low transaction fees and fast confirmation times make it an attractive option for institutional and retail users alike. Additionally, the ledger has seen a rise in stablecoin activity, with various financial institutions exploring the XRPL for issuing and transferring digital assets. This integration of stablecoins enhances liquidity on the network and positions XRP as a key facilitator for cross-border payments. The combination of higher network activity and real-world utility has fueled investor optimism and contributed to XRP’s price appreciation. ### **Technical Perspective** From a technical standpoint, XRP has displayed a classic pattern of consolidation followed by upward momentum. Analysts observe that the token has formed a strong support zone around $2.35, which has helped it absorb selling pressure during minor market corrections. On the upside, resistance levels near $3.05–$3.10 are being closely watched as potential breakout points. Should XRP breach these levels with significant volume, the token could test new highs, reflecting renewed bullish sentiment. Short-term traders are also noting an increase in open interest and volume, which often signals institutional participation. This activity has been a catalyst for the recent price rally, as larger buy orders help stabilize upward trends while reducing market volatility. ### **Future Outlook** Looking ahead, XRP’s trajectory appears promising. Several factors support a positive outlook: 1. **Institutional Adoption**: With growing interest from banks and financial firms, XRP is increasingly viewed as a bridge asset for cross-border settlements. 2. **Stablecoin Expansion**: The XRPL’s role in facilitating stablecoin issuance is likely to expand, driving more transactions and increasing demand for XRP. 3. **Network Development**: Continuous upgrades and enhancements to the ledger improve scalability, security, and efficiency, making it more attractive to enterprise users. These developments suggest that XRP could maintain its momentum through the rest of October, potentially moving toward higher resistance zones. Investors are advised to monitor both price action and network metrics, as they provide insight into underlying market strength. ### **Risk Considerations** Despite the positive momentum, XRP is not immune to market volatility. Regulatory developments, global economic factors, or sudden shifts in investor sentiment could temporarily affect price performance. Traders and investors should employ risk management strategies and consider long-term adoption trends alongside short-term price movements. ### **Conclusion** XRP’s recent price movements reflect the growing maturity of the XRP Ledger and its expanding role in digital finance. With increasing adoption, technical strength, and network enhancements, XRP is poised for potential growth. While short-term corrections may occur, the overall trajectory indicates sustained momentum, making October 2025 a notable period in the token’s ongoing evolution. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development --- ### [Uptobear or Uptober : Market Conditions & US Shutdown](https://blog.unocoin.com/uptobear-or-uptober-market-conditions-us-shutdown/) **Published:** October 17, 2025 **Author:** Unocoin Growth **Content:** October has traditionally been a strong month for Bitcoin, earning it the nickname “Uptober” in crypto circles. This year, however, the seasonal optimism is tempered by significant macroeconomic challenges, notably the ongoing U.S. government shutdown. ### **Market Volatility Amidst Political Uncertainty** Bitcoin’s price has experienced notable fluctuations in October. On October 10, it dropped 8.4% to $104,782 following President Trump’s announcement of a 100% tariff on Chinese tech exports and export controls on critical software. This move escalated the U.S.-China trade war, causing a $19 billion loss across the broader cryptocurrency market[ ](https://www.reuters.com/business/bitcoin-down-55-114505-2025-10-10/?utm_source=chatgpt.com)Despite this downturn, Bitcoin rebounded to over $121,000 by October 15, driven by renewed investor interest and macroeconomic factors. Analysts suggest that the recent crash may have eliminated excessive leverage, potentially setting the stage for a more sustainable rally ### **Impact of the U.S. Government Shutdown** The U.S. federal government shutdown, now in its third week, has disrupted the release of key economic data, creating uncertainty in global markets. Treasury Secretary Scott Bessent warned that the closure is beginning to harm the real economy, with delays in payments to federal workers and services[ ](https://www.reuters.com/world/us/us-treasury-chief-says-government-shutdown-is-hitting-economy-2025-10-13/?utm_source=chatgpt.com) This data vacuum has left investors and policymakers in the dark, complicating decisions about interest rates and economic forecasts. While the shutdown does not directly impair the Federal Reserve, it has limited the SEC’s ability to process a backlog of spot Bitcoin ETF applications, introducing further uncertainty for crypto investors ### **Bitcoin’s Resilience and Institutional Interest** Despite the challenges, Bitcoin has demonstrated resilience. On October 5, it reached a new all-time high above $125,000, briefly crossing a $2.5 trillion market capitalization. Analysts attribute this surge to macroeconomic factors, including the U.S. government shutdown, which has renewed interest in Bitcoin as a store of value amid political dysfunction Institutional interest is also on the rise. On-chain data suggests a renewed accumulation phase, with large entities showing increased buying activity. The decline in Bitcoin held on exchanges further indicates a shift towards long-term holding strategies, reducing potential sell pressure[ ](https://cointelegraph.com/news/bitcoin-125k-rise-us-gov-t-shutdown-macro-factors-analysts?utm_source=chatgpt.com) ### **Outlook for Uptober** While the U.S. government shutdown has introduced volatility, it has also highlighted Bitcoin’s potential as a hedge against macroeconomic instability. The ongoing uncertainty may continue to drive interest in decentralized assets. However, the market remains sensitive to geopolitical developments, and any escalation in the U.S.-China trade war could impact investor sentiment. In summary, Bitcoin’s performance in October reflects a complex interplay of seasonal trends, macroeconomic factors, and geopolitical events. Investors should remain vigilant, considering both the opportunities and risks presented by the current market conditions. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development **Tags:** Uptobear, Uptober, us shutdown --- ### [Solana: The New Wall Street of the Blockchain Era – How Solana Is Redefining Global Finance](https://blog.unocoin.com/solana-the-new-wall-street-of-the-blockchain-era-how-solana-is-redefining-global-finance/) **Published:** October 15, 2025 **Author:** Unocoin Growth **Content:** Solana is rapidly emerging as one of the most transformative forces in the blockchain ecosystem. Known for its lightning-fast transaction speeds, low costs, and scalable architecture, Solana is carving out a unique position — one that has earned it the reputation of being *“The New Wall Street”* of the digital economy. This evolution is more than a technical upgrade; it signals a shift in how global finance could function in the coming decade. ### **Solana’s Technological Edge** At the core of Solana’s rise is its innovative architecture, which allows for high throughput without sacrificing decentralisation. Unlike traditional financial systems that rely on centralised intermediaries, Solana’s blockchain offers a decentralised network capable of processing tens of thousands of transactions per second at fractions of a cent. This positions Solana as a viable infrastructure for high-frequency trading, decentralised finance (DeFi), and enterprise-grade financial applications. Solana’s Proof of History (PoH) combined with Proof of Stake (PoS) enables unmatched transaction speed while ensuring network security and efficiency. This technology is attracting developers, fintech innovators, and institutional players who see Solana as the future of scalable financial infrastructure. ### **Solana as the New Wall Street** Solana is not just a blockchain — it’s becoming an entire ecosystem that mirrors the structure of modern financial markets. Wall Street is defined by high-speed trading, global capital flow, and robust financial infrastructure. Solana replicates these features in the blockchain world, enabling seamless capital movement, decentralised exchanges, and programmable finance without the constraints of traditional banking. From NFT marketplaces to decentralised exchanges and tokenised assets, Solana’s ecosystem is expanding at an unprecedented rate. This makes it a hub for innovation, attracting projects that aim to decentralise finance while maintaining efficiency and scalability. ### **Global Finance Reimagined** The implications of Solana’s growth extend far beyond cryptocurrency trading. Solana is shaping the future of global finance by enabling faster settlement times, reducing transaction costs, and increasing accessibility. This could transform cross-border payments, institutional trading, and even real-world asset tokenisation. In a world where speed and efficiency define competitiveness, Solana’s architecture offers a compelling alternative to legacy financial systems. It has the potential to democratize access to financial markets, giving individuals and institutions worldwide equal opportunities to participate in the global economy. ### **Challenges and Opportunities** Despite its advantages, Solana faces competition from other high-performance blockchains and regulatory scrutiny as DeFi and crypto adoption grow. Network stability and decentralisation will be key factors in sustaining its position as a leader. However, Solana’s growing developer community, robust ecosystem, and technological advancements provide a strong foundation for long-term success. ### **Conclusion** Solana is more than a blockchain — it is shaping up to be the backbone of a new financial era. By combining speed, scalability, and decentralized infrastructure, Solana is redefining what global finance can look like. As adoption grows, Solana could well be the blockchain equivalent of Wall Street, driving a new era of innovation, efficiency, and inclusivity in global markets. For investors and blockchain enthusiasts, Solana’s journey is worth watching closely — because it may well define the next chapter in the evolution of finance. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [XRP Ledger Evolution: XRP’s Next Move in the Crypto Market](https://blog.unocoin.com/xrp-ledger-evolution-xrps-next-move-in-the-crypto-market/) **Published:** October 13, 2025 **Author:** Unocoin Growth **Content:** The XRP ecosystem is entering a transformative phase. With the recent evolution of the XRP Ledger, combined with growing institutional interest and renewed market focus, XRP is positioning itself for significant growth. For investors and blockchain enthusiasts, understanding XRP’s next move involves examining technological upgrades, market trends, and its growing role in cross-border finance. ### **The XRP Ledger Upgrade** The XRP Ledger has undergone substantial upgrades aimed at improving scalability, speed, and decentralisation. These upgrades are not just technical refinements — they represent XRP’s strategic vision for becoming a cornerstone of blockchain-based finance. Key developments include enhanced smart contract capabilities, improved transaction efficiency, and greater interoperability with other blockchains. This evolution positions XRP not only as a payment token but also as a platform capable of supporting complex decentralised applications (dApps), decentralised finance (DeFi), and enterprise blockchain solutions. ### **XRP Price Trends and Market Sentiment** XRP’s price movement reflects a growing optimism among traders and investors. Over the past few months, XRP has seen steady gains, supported by market-wide bullish trends and positive sentiment surrounding blockchain adoption. On-chain data shows declining XRP reserves on exchanges, which often signals that holders expect long-term value growth rather than short-term selling. Market participants are watching closely for XRP’s price breakout. Analysts point out that the combination of ledger upgrades and expanding partnerships could create significant upward momentum in the near term. ### **Strategic Role in Cross-Border Payments** XRP’s long-term strength lies in its role as a bridge currency for cross-border payments. Ripple, the company behind XRP, continues to build strategic partnerships with financial institutions worldwide. The improved ledger makes these transactions faster and more cost-efficient, enhancing XRP’s competitiveness in global payments infrastructure. With rising demand for faster, cheaper, and more transparent cross-border settlements, XRP is uniquely positioned to capture a growing segment of the global payments market. This adoption could directly influence XRP’s price trajectory and investor interest. ### **Challenges and Opportunities Ahead** While XRP’s roadmap is promising, it is not without challenges. Regulatory scrutiny, competitive blockchain networks, and macroeconomic factors could influence its growth. However, the ongoing development of the XRP Ledger and strategic integrations provide a strong foundation to mitigate these risks. For investors, the next move for XRP is likely to be driven by a combination of technical performance, ecosystem expansion, and market sentiment. Those who view XRP as a long-term infrastructure play see these developments as critical steps toward broader adoption. ### **Conclusion** The evolution of the XRP Ledger marks a pivotal moment for XRP. By improving scalability, interoperability, and functionality, XRP is positioning itself as more than a digital token — it’s becoming a dynamic financial ecosystem. As adoption grows and technology advances, XRP’s next move could define its place in the broader crypto market for years to come. For both traders and long-term holders, staying informed about XRP’s technological progress and market trends will be key to understanding its future trajectory. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Xrp --- ### [Bitcoin Reaches $125K whats next?](https://blog.unocoin.com/bitcoin-reaches-125k-whats-next/) **Published:** October 11, 2025 **Author:** Unocoin Growth **Content:** Bitcoin has crossed a monumental milestone — reaching $125,000 — a level that only a few imagined would arrive so soon. This milestone is not just a price number; it’s a statement about Bitcoin’s evolving role in global finance. Crossing this psychological barrier signals both the strength of the ongoing bull run and the need for investors to prepare for what comes next. ### **The Journey to $125K** Bitcoin’s journey to $125K has been fueled by several converging factors. Global macroeconomic uncertainty, including inflation concerns and the looming U.S. government shutdown, has strengthened Bitcoin’s appeal as a hedge against instability. At the same time, increasing adoption by institutions, growth in Bitcoin-based ETFs, and regulatory clarity in key markets have made it easier for large players to enter the market. The October rally, often referred to as *Uptober* in the crypto community, has played a critical role. Historically, October has seen some of Bitcoin’s strongest gains — and this year has proven no different. The market momentum now has Bitcoin testing territory far above previous expectations. ### **Correction or Consolidation?** After such a rapid ascent, a correction is not only expected but healthy for the market. Short-term pullbacks are a natural part of any bull cycle, and Bitcoin is no exception. This could manifest as a price consolidation phase, where Bitcoin stabilizes between $110K and $120K before attempting another upward push. Historically, after major breakouts, Bitcoin has consolidated before reaching new all-time highs (ATHs). This consolidation helps shake out weak hands, strengthens market structure, and builds momentum for the next leg upward. Investors should not panic during corrections but instead view them as part of Bitcoin’s cyclical growth. ### **The Path to the Next All-Time High** The post-$125K phase could set the stage for Bitcoin’s next ATH, possibly surpassing $150K in the months ahead. Factors that could drive this include: - Continued institutional inflows. - Increased adoption as a reserve asset. - Global economic instability is driving demand for decentralised assets. - Technological upgrades in Bitcoin infrastructure. On-chain metrics support this optimistic outlook. Bitcoin’s supply on exchanges continues to decline, indicating that holders prefer to store coins in cold wallets rather than sell. This scarcity effect has historically been a strong driver of price growth. ### **What Investors Should Consider** Investors should approach post-$125K Bitcoin with a balanced perspective. While the rally is exciting, risks remain. Macro uncertainty, regulatory developments, and sudden market sentiment changes can impact price movement. A strategy that combines risk management with long-term conviction in Bitcoin’s fundamentals is likely to serve investors well. ### **Conclusion** Bitcoin’s climb to $125K is a milestone that marks more than just a price level — it’s a turning point in the cryptocurrency’s evolution. The post-$125K phase will test Bitcoin’s resilience and define its path toward the next all-time high. For investors, the lesson is clear: stay informed, stay strategic, and be prepared for both corrections and opportunities in equal measure. Bitcoin has proven once again that it can turn historic milestones into stepping stones for further growth. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Ripple Price INR 2025: Live XRP to Indian Rupee Rate & Forecast](https://blog.unocoin.com/ripple-price-inr/) **Published:** October 10, 2025 **Author:** Unocoin Growth **Content:** ### Introduction In 2025, Ripple (XRP) continues to draw attention in India’s crypto space — many ask, *“What is the **Ripple price in INR** right now?”* In this post, we bring you the **live XRP to Indian Rupee rate**, recent trends, analysis, forecasts, and more. ### What Is Ripple / XRP? Ripple (XRP) is a digital asset used by the Ripple network to facilitate fast, low-cost cross-border payments. Unlike many other cryptocurrencies, XRP is pre-mined, and it serves as a bridge currency for financial institutions and payment providers. By understanding Ripple’s purpose, you’ll better interpret its price movements. ### Live Ripple Price in INR & Chart **Current Price** As of \[10 Oct 12 PM\], **1 XRP = ₹250.66 INR** **24h / 7d / 30d Trend** - 24h change: -0.29% - 7-day change: -6.8% - 30-day range: ₹239 – ₹282 **Price Range & Volatility** Over the past 52 weeks, XRP in INR moved between **₹43.86** and **₹340.** [![Xrp Price in Inr 1 year](https://blog.unocoin.com/wp-content/uploads/2025/10/Screenshot-2025-10-10-at-12.04.24-PM-1024x726.png "Xrp Price in Inr 1 year | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/10/Screenshot-2025-10-10-at-12.04.24-PM.png)Xrp Price in INR 1 year### Factors Influencing XRP/INR Price - Global crypto sentiment - India’s crypto regulation & taxation - Ripple’s product updates/partnerships - Liquidity in INR markets/exchange volumes - Macro factors (INR strength, economic policy) **Historical Price Analysis:** XRP has historically experienced dramatic price swings. hits an all-time high of ₹340. Comparisons: During major bull cycles, XRP has outperformed or underperformed relative to Bitcoin or Ethereum in Indian markets. ### Forecast & Price Prediction (XRP/INR) **Short-term (3–6 months):** Potential ₹280–₹320 if global markets recover. **Medium-term (1 year):** Could test or surpass prior highs given adoption and favourable regulation. **Risks:** Regulatory crackdown, low adoption, and exchange liquidity issues. ### How to Buy & Hold XRP in India (Using Unocoin) Buying and holding Ripple (XRP) in India is quick and secure when done through Unocoin, one of India’s most trusted and oldest crypto exchanges. Here’s how you can start: **Create an Account on Unocoin** Download the Unocoin App, sign up using your mobile number and verify your KYC. **Deposit INR into Your Wallet** Add funds easily through bank transfer. Unocoin supports INR deposits with zero fees. **Buy Ripple (XRP)** Once your wallet is funded, go to the Exchange section, select Ripple (XRP), enter the amount in INR, and confirm your purchase. You’ll instantly receive XRP in your Unocoin wallet. **Securely Hold Your XRP** Unocoin provides a highly secure crypto wallet for safe storage of your Ripple tokens. For long-term holders, you can also generate a paper wallet from Unocoin for added offline security. **Track Your XRP Portfolio** Monitor real-time prices and market trends directly within the Unocoin app. **Why Choose Unocoin for XRP Trading?** - Established in 2013 — India’s pioneering crypto exchange. - Easy INR deposits & withdrawals. - Secure wallet and paper wallet options. - Transparent fee structure. - 24/7 support and regular feature updates. [Buy XRP Now!](https://unocoin.com/in/exchange/inr/xrp) FAQs: **How much is Ripple in INR today?** 1 XRP = ₹250.66 (10Oct 12 P.M) **What affects the XRP to INR price?** Global sentiment, Indian regulations, Ripple’s tech/partnerships, liquidity, macro trends. **Is Ripple a good investment in INR terms?** It depends on risk appetite and long-term belief in XRP’s use case. **Where to check XRP price in INR?** You can check on Unocoin for the INR price, & CoinMarketCap for USD rates. Also read: [Bitcoin price in INR](https://blog.unocoin.com/btc-to-inr/) Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog **Tags:** Ripple, Xrp, XRP price in INR --- ### [Bitcoin’s Uptober Surge 2025: U.S. Shutdown Fears Fuel the BTC Price Rally](https://blog.unocoin.com/bitcoin-uptober-surge-2025-us-shutdown-impact/) **Published:** October 8, 2025 **Author:** Unocoin Growth **Content:** October has once again lived up to its nickname — “Uptober” — as Bitcoin’s price shoots past key levels. Despite worries about a possible U.S. government shutdown, Bitcoin is moving in the opposite direction of fear. Instead of slowing down, the world’s largest cryptocurrency is proving that it truly acts as a hedge against economic uncertainty. In simple terms — when traditional markets get nervous, Bitcoin gets stronger. ### **Why October Is Special for Bitcoin** Historically, October has been one of Bitcoin’s most profitable months. Between 2013 and 2023, Bitcoin has seen positive returns in most Octobers, earning the month its popular name — *Uptober*. In 2025, the trend continues. Bitcoin has crossed ₹1 crore ($120,000) for the first time this year, supported by: - Strong institutional investments - Increased retail participation - Rising trust in crypto as digital gold But this rally isn’t just about seasonal trends — it’s about global fear driving digital confidence. ### **U.S. Shutdown Worries Push Investors Toward Bitcoin** The ongoing political uncertainty in Washington over a potential U.S. government shutdown is shaking traditional markets. Investors worry that delayed budgets and data could hurt the economy. However, Bitcoin is unaffected by these issues — it operates independently of governments. This has reminded investors why Bitcoin is often called a safe-haven asset. As one popular saying goes, *“Bitcoin never takes weekends off.”* While traditional markets pause, Bitcoin keeps trading — 24×7, 365 days a year. That reliability is pushing traders and even institutions to move funds into crypto to protect their portfolios. ### **Institutions Are Adding Strength to Uptober** The current rally also shows a growing maturity in the market. Institutional investors — from hedge funds to asset managers — are no longer seeing Bitcoin as just a speculative play. They’re adding Bitcoin through: - Spot Bitcoin ETFs - Crypto custody solutions - Diversified portfolios Billions of dollars are now flowing into Bitcoin, signaling strong long-term confidence. Meanwhile, on-chain data shows a major drop in exchange reserves — meaning more people are moving their Bitcoin into long-term storage (cold wallets). Historically, this trend has often preceded major bull runs, suggesting Uptober could be the start of something bigger. ### **What’s Next for Bitcoin?** If global uncertainties continue and institutional money keeps flowing in, Bitcoin could soon test ₹1.1 crore ($130,000) levels before a short-term correction. Corrections are normal and healthy, but the overall trend remains bullish. Investors today are focusing more on: - Long-term adoption - Bitcoin ETFs - Macro liquidity and stability These factors point to a market that’s evolving beyond hype and heading toward maturity. ### **Conclusion: Bitcoin Shines When Fear Rises** Bitcoin’s Uptober rally is not just a lucky streak — it’s a sign of trust in decentralization during uncertain times. As the U.S. faces economic and political challenges, global investors are turning to Bitcoin as a reliable and transparent financial system. In 2025, Uptober is more than a meme — it’s proof that Bitcoin thrives when traditional finance trembles. ### **FAQs** **Q1. Why is Bitcoin rising in October 2025?** Bitcoin’s price is rising because of increased institutional investments, strong Uptober sentiment, and fear of a U.S. government shutdown that’s driving investors to crypto. **Q2. What does Uptober mean in crypto?** “Uptober” is a term used in the crypto community to describe Bitcoin’s history of strong price gains during the month of October. **Q3. Is Bitcoin a safe-haven asset?** Yes. Many investors now consider Bitcoin a hedge against inflation, government debt, and global uncertainty. ### **Also read:** - [What are Bitcoin ETFs and why do they matter?](https://blog.unocoin.com/crypto-etf-frenzy-spot-eth-etf-approval-and-bitcoin-etf-flows/) - [How to buy Bitcoin safely on Unocoin](https://blog.unocoin.com/safest-crypto-trading-app-in-india-unocoin/) Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development --- ### [Curve DAO Token (CRV) Price in India: Complete Guide to CRV on Unocoin](https://blog.unocoin.com/curve-dao-token-price-india/) **Published:** October 6, 2025 **Author:** Unocoin Growth **Content:** **Curve DAO Token (CRV)** is a decentralised finance (DeFi) token that powers the Curve Finance ecosystem. Since its listing on [Unocoin](https://www.unocoin.com/), CRV has become a preferred token for DeFi enthusiasts in India looking for stablecoin swaps and yield farming opportunities. If you are searching for **Curve DAO Token price in India**, you’ve come to the right place. In this guide, we’ll cover CRV’s current market trends, historical data, and how to trade it on Unocoin. ## What is Curve DAO Token (CRV)? Curve DAO Token is the governance token of [Curve Finance](https://curve.fi/), a decentralised exchange (DEX) optimised for stablecoin trading. CRV allows holders to participate in voting on protocol changes, fees, and liquidity incentives. - **Key Features of CRV:** - Governance rights in the Curve ecosystem. - Incentives for liquidity providers. - Supports decentralised finance growth. For a deeper dive into DeFi tokens, check our [Guide to Top DeFi Coins on Unocoin](https://blog.unocoin.com/depin-to-defi-physical-infrastructure-meets-blockchain/). ## Curve DAO Token Price in India (CRV INR) Knowing the **Curve DAO Token price in INR** helps investors make informed trading decisions. The CRV price on Unocoin is updated in real-time and can be tracked using our [live crypto tracker](https://unocoin.com/in/exchange/inr/crv). - **Example Current Price:** ₹69.11 (as per latest update) - **Market Cap:** ₹96.6 Billion - **24h Volume:** ₹12.22 Billion *Pro Tip:* For accurate trading, always check & Buy CRV in India, [**live CRV price in India**](https://unocoin.com/in/exchange/inr/crv) before making a buy or sell decision. ### Factors Influencing CRV Price in India Several factors affect the CRV token price in India, including: 1. **Liquidity on Curve Finance:** More liquidity can stabilise the CRV price. 2. **DeFi Market Trends:** Growth in DeFi adoption often leads to higher demand for CRV. 3. **Global Crypto Market Movements:** CRV price often correlates with Bitcoin and Ethereum trends. 4. **Regulatory News in India:** Cryptocurrency regulations may impact CRV trading sentiment. ## How to Buy Curve DAO Token (CRV) on Unocoin Trading CRV on Unocoin is a simple, secure, and beginner-friendly process. Follow these steps: 1. **Create an Unocoin Account:** Sign up at [Unocoin.com](https://www.unocoin.com/) and complete KYC verification. 2. **Deposit INR:** Add funds via UPI, Netbanking, or other supported methods. 3. **Search for CRV:** Use the search bar to find Curve DAO Token (CRV). 4. **Buy CRV:** Choose the amount in INR and confirm your purchase. For advanced trading tips, refer to our [Beginner’s Guide to Crypto Trading on Unocoin](https://blog.unocoin.com/crypto-trading-strategies-for-beginners-updated-2025/). ## Curve DAO Token Historical Performance CRV has experienced significant volatility since its launch: YearPrice (INR)Trend2020₹70Launch2021₹39DeFi boom2022₹54Market correction2023₹43Recovery & adoptionTracking historical prices can help investors predict future trends and optimise their trading strategy. ## Why Trade CRV in India? - **DeFi Exposure:** Gain access to Curve Finance ecosystem benefits. - **Liquidity Rewards:** Earn by providing liquidity in stablecoin pools. - **Portfolio Diversification:** CRV adds value to a diversified crypto portfolio. ## FAQs About Curve DAO Token (CRV) **Q1: Can I buy Curve DAO Token in India?** Yes, CRV is listed on Unocoin, making it easy to buy, sell, and track in INR. **Q2: Is CRV a good investment?** CRV can be a good investment for those interested in DeFi and governance tokens. Always DYOR (Do Your Own Research) before investing. **Q3: How do I track Curve DAO Token price in India?** You can track the live CRV price on [Unocoin](https://www.unocoin.com/) and set price alerts for instant updates. ## Conclusion **Curve DAO Token (CRV)** offers a unique opportunity for Indian crypto investors to participate in DeFi governance and earn liquidity rewards. With its listing on Unocoin, buying and trading CRV in INR has never been easier. **[Start trading Curve DAO Token today on Unocoin ](https://unocoin.com/in/exchange/inr/crv)**and stay updated with the latest CRV prices! **Categories:** Blog **Tags:** CRV Price, Curve Dao Token --- ### [Top Infrastructure Tokens Set to Boom in 2025](https://blog.unocoin.com/top-infrastructure-tokens-set-to-boom-in-2025/) **Published:** September 30, 2025 **Author:** Unocoin Growth **Content:** As blockchain adoption accelerates in 2025, the spotlight is shifting from hype-driven meme coins to the foundational layer powering the decentralised future: infrastructure tokens. These are the protocols and platforms that enable smart contracts, scalability, interoperability, and real-world integration. In short, they are the picks and shovels of the Web3 gold rush—and they’re poised to boom. Here are the top infrastructure tokens that are gaining serious traction and are set to lead the next phase of crypto growth in 2025. ### **1. Ethereum (ETH): The Undisputed Leader Evolves** Despite its maturity, Ethereum remains at the heart of Web3. With the full rollout of Ethereum 2.0 and widespread Layer 2 adoption, ETH is regaining momentum as a programmable store of value. Its staking model, reduced energy footprint, and role as the base layer for thousands of dApps continue to give it unmatched utility. Additionally, Ethereum’s ecosystem is expanding into areas like real-world assets (RWAs), institutional DeFi, and decentralised identity—cementing its infrastructure dominance. ### **2. Arbitrum (ARB): Layer 2 Scaling with Strong Developer Adoption** Arbitrum is quickly becoming the de facto Layer 2 solution for Ethereum. With lower fees and faster transaction times, it has attracted major DeFi protocols and NFT marketplaces. In 2025, Arbitrum’s upcoming features—including stylised fraud proofs and native account abstraction—are setting the stage for mass adoption. The ARB token is gaining relevance in DAO governance and ecosystem incentives, positioning it as a high-upside infrastructure bet. ### **3. Celestia (TIA): The Modular Blockchain Pioneer** Celestia introduces a modular approach to blockchain design by separating data availability from execution. This allows developers to launch custom blockchains (rollups) without worrying about the consensus layer. With growing demand for scalability and flexibility, Celestia’s TIA token is becoming integral to a new wave of blockchain architecture. As more modular chains go live in 2025, Celestia’s importance will only increase. ### **4. Chainlink (LINK): Real-World Data Meets DeFi** As DeFi matures and real-world assets enter the blockchain, data reliability is paramount. Chainlink remains the industry standard for decentralised oracles, enabling smart contracts to interact with off-chain data like prices, weather, and economic indicators. In 2025, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and staking features are creating new utility and demand for LINK, making it a must-watch infrastructure token. ### **5. Cosmos (ATOM): Interoperability at Scale** Cosmos is leading the charge in **blockchain interoperability**. Its Inter-Blockchain Communication (IBC) protocol allows independent blockchains to talk to each other, forming a growing network of interconnected chains. In 2025, ATOM is gaining renewed attention as developers prioritise modular, sovereign chain design. Cosmos’s tech is powering everything from DeFi platforms to AI-infused chains, making ATOM a strong infrastructure play. ### **Final Thoughts** While trends like meme coins and NFTs come and go, infrastructure tokens offer long-term value and real-world utility. As institutions, enterprises, and governments begin to rely on blockchain technology, the infrastructure powering that shift will be the most valuable. In 2025, the smart money isn’t chasing hype—it’s investing in the foundations. These infrastructure tokens are building the roads, bridges, and rails of Web3—and they’re just getting started. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Why On-Chain Insights Are Key in 2025](https://blog.unocoin.com/why-on-chain-insights-are-key-in-2025/) **Published:** September 29, 2025 **Author:** Unocoin Growth **Content:** As the blockchain industry matures in 2025, one thing has become increasingly clear: **on-chain insights** are no longer optional—they’re essential. With the proliferation of decentralised applications (dApps), the rise of institutional involvement, and a renewed focus on transparency and accountability, on-chain data has evolved into a critical tool for investors, developers, regulators, and enterprises alike. ### **The Evolution of On-Chain Analytics** In the early years of crypto, decision-making was often based on speculation, hype cycles, and price charts. But today, the landscape is far more sophisticated. Blockchain networks are treasure troves of publicly accessible data—everything from wallet activity and transaction volume to governance participation and token emissions. On-chain insights harness this raw data and turn it into actionable intelligence. Whether you’re tracking whale movements, auditing smart contracts, or analysing liquidity flows across DeFi protocols, the ability to interpret blockchain activity directly is a game-changer. ### **Real-Time Transparency** One of the most compelling aspects of on-chain analytics is **real-time transparency**. Unlike traditional finance, where information asymmetry can persist for days or weeks, blockchain data is publicly available the moment it’s confirmed on the network. This democratisation of information levels the playing field, allowing individuals and institutions alike to make faster, smarter decisions. For instance, traders can monitor wallets tied to influential entities, while project teams can gauge user engagement by tracking wallet retention or token velocity. On-chain metrics such as TVL (Total Value Locked), daily active users, or staking ratios offer unfiltered views into a protocol’s health—far more telling than marketing headlines or social media buzz. ### **Risk Mitigation and Security** With billions of dollars locked in DeFi protocols and cross-chain bridges, **security** is a top concern in 2025. On-chain insights play a vital role in identifying anomalies before they escalate into crises. Flagging unusual contract interactions, monitoring gas spikes, or detecting flash loan activity can help developers and security teams respond proactively. Regulators and compliance teams also benefit from these tools, using them to detect illicit activity, ensure KYC/AML adherence, and assess systemic risk. In a world where regulatory scrutiny is increasing, having robust on-chain visibility isn’t just a competitive advantage—it’s a compliance necessity. ### **Empowering Innovation and Strategy** From venture capitalists to DAO treasuries, stakeholders now rely on on-chain data to inform strategy. Investors use wallet cohort analysis to understand token holder behaviour, while DAOs make treasury decisions based on real-time liquidity trends. Even NFT marketplaces now use on-chain provenance and engagement metrics to price digital assets more accurately. Moreover, the rise of AI and machine learning has made it easier to extract insights at scale. Predictive models trained on on-chain behaviour can forecast trends, identify growth opportunities, and fine-tune tokenomics in ways that weren’t possible just a few years ago. ### **Looking Ahead** As we look toward the next stage of Web3, on-chain insights will only grow in importance. With Layer 2 adoption, cross-chain interoperability, and real-world asset tokenisation on the rise, the volume and complexity of blockchain data will increase dramatically. Those who embrace on-chain analytics in 2025 will have the clearest view of the road ahead—whether they’re building, investing, or regulating in the decentralised future. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [How to Spot the Next Crypto to Explode in 2025](https://blog.unocoin.com/how-to-spot-the-next-crypto-to-explode-in-2025/) **Published:** September 28, 2025 **Author:** Unocoin Growth **Content:** As the crypto market enters a new growth cycle in 2025, the hunt for the “next big thing” is once again heating up. Investors and enthusiasts alike are looking to identify projects with the potential for exponential returns. But in a sea of thousands of tokens, how do you spot the next crypto to explode? The answer lies in a combination of research, data, and a keen understanding of evolving market trends. Here’s a breakdown of how savvy investors are finding breakout tokens in 2025. ### **1. Follow On-Chain Activity, Not Just Price** In 2025, smart investors are turning to **on-chain analytics** to gain an edge. Metrics like wallet growth, token velocity, daily active users, and smart contract interactions offer insights into real user adoption. For example, a sudden spike in active wallets interacting with a new DeFi protocol could indicate early traction. Similarly, consistent increases in token holders and transaction volume might point to organic growth—key signs of an undervalued gem. ### **2. Look for Real Utility and Problem-Solving** Hype is short-lived. The cryptos that truly explode offer **real utility**. Projects focused on solving tangible problems—like cross-chain interoperability, decentralised identity, or tokenised real-world assets (RWAs)—are gaining momentum in 2025. Ask questions like: - What problem does this project solve? - Is there demand for that solution? - Are users already engaging with it? A crypto project backed by real-world use cases and a clear value proposition is more likely to stand the test of time—and generate major returns. ### **3. Strong Tokenomics and Sustainable Incentives** Tokenomics can make or break a project. Look for **balanced supply mechanics**, such as reasonable emission schedules, deflationary features (like burns), and strong staking or governance models. Avoid projects that rely solely on unsustainable yield farming or aggressive airdrops to drive adoption. In 2025, the market favours quality over quantity—and rewards sustainable, long-term token strategies. ### **4. Backed by a Solid Team and Ecosystem Support** A transparent, experienced team is critical. Go beyond anonymous founders and look for: - Transparent documentation (whitepapers, audits) - Active GitHub or development roadmap - Strategic partnerships or incubator support Also, projects being built on popular Layer 1 or Layer 2 networks (like Ethereum, Solana, or Arbitrum) often benefit from broader ecosystem support, giving them higher chances of success. ### **5. Community and Narrative Momentum** In crypto, **narrative is powerful**. Projects tied to emerging narratives—like AI x blockchain, DePIN (Decentralised Physical Infrastructure), or SocialFi—often see explosive growth when the broader market catches on. Watch for growing community engagement on platforms like X (Twitter), Discord, and Telegram. A passionate, expanding community often signals strong grassroots momentum. ### **Final Thoughts** Spotting the next crypto to explode in 2025 isn’t about luck—it’s about **informed analysis, disciplined research, and understanding market psychology**. Focus on utility, on-chain signals, sustainable tokenomics, and community traction. Avoid chasing hype, and instead look for under-the-radar gems quietly building for the future. Remember: in crypto, early diligence often leads to outsized rewards. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Next 10X Crypto? — 10 Tokens with Wild Upside Potential](https://blog.unocoin.com/next-10x-crypto-10-tokens-with-wild-upside-potential/) **Published:** September 27, 2025 **Author:** Unocoin Growth **Content:** In the hunt for the next 10× crypto, you must combine technical signals, fundamental strength, and risk management. Below are 10 promising tokens, their current INR prices (where known), upside potential, and key chart levels to watch — ideal for Unocoin readers. ### **1. Solana (SOL)** - **Current Price (INR):** ~ ₹18,700.75 (≈ ₹18,700.75)[ ](https://coinmarketcap.com/currencies/solana/sol/inr/?utm_source=chatgpt.com) - **Why It Stands Out:** Strong developer activity in DeFi, NFTs, and institutional interest. - **Technical Case:** The ₹18,700 zone acts as critical support. A confirmed bounce from there with rising volume could target ~ ₹22,000+. Conversely, a breakdown below ₹17,500–₹17,000 could drag it toward ₹15,500–₹16,500. - **Watch:** Futures liquidations, net flows to/from exchanges, and whether long positions get squeezed. [Buy Solana](https://unocoin.com/in/exchange/inr/sol) ### **2. Aptos (APT)** - **Current Price (INR):** ₹*381.78* - **Why It Stands Out:** Developer traction and growing ecosystem; token unlocks add volatility. - **Technical Case:** If APT reclaims and holds above local resistance, upside 4×–7× becomes possible. If it fails to break, a retest of lower support zones is likely. - **Watch:** Exchange in/out flows, especially around unlock events. [Buy Aptos](https://unocoin.com/in/exchange/inr/apt) ### **3. Sui (SUI)** - **Current Price (INR):** ₹*299* - **Why It Stands Out:** High throughput, ambitions in gaming + AI, growing use cases. - **Technical Case:** Tight consolidation suggests accumulation. A jump above the upper band could target ~3×. A breach below support would be risky. - **Watch:** On-chain metrics — active addresses, gas usage, protocol volume.[Buy Sui](https://unocoin.com/in/exchange/inr/sui) ### **4. Arbitrum (ARB)** - **Current Price (INR):** ₹*39.03* - **Why It Stands Out:** A Layer-2 solution central to Ethereum scaling. - **Technical Case:** Breakouts beyond prior resistance, even across unlocks, with volume validation, will matter. - **Watch:** TVL growth, dev incentives, major protocol integrations. [Buy Arbitrum](https://unocoin.com/in/exchange/inr/arb) ### **5. Optimism (OP)** - **Current Price (INR):**₹ *62.12* - **Why It Stands Out:** Roadmap of inter-chain growth and scaling makes it structurally relevant. - **Technical Case:** A breakout above converted resistance (~₹ levels) may open large upside; failure to hold support could lead to corrections. - **Watch:** Accumulation by whales, flows between exchanges. ### **6. Chainlink (LINK)** - **Current Price (INR):** ~ **₹1,929.85**[ ](https://coinmarketcap.com/currencies/chainlink/link/inr/?utm_source=chatgpt.com) - **Why It Stands Out:** Oracles are core infrastructure — demand could scale with DeFi / cross-chain growth. - **Technical Case:** If LINK breaks above resistance with volume, next leg may aim for ~₹3,000+. Support zones near ₹1,200–₹1,500 must hold. - **Watch:** New integrations, oracle usage stats, staking flows. [Buy Chainlink](https://unocoin.com/in/exchange/inr/link) ### **7. Polkadot (DOT)** - **Current Price (INR):**₹ *357.79* - **Why It Stands Out:** Cross-chain bridging, parachains, interoperability — core to multi-chain future. - **Technical Case:** Momentum past resistance could trigger multi-leg rallies; downside if below support. - **Watch:** Parachain auctions, bridging volume, developer activity. [Buy Polkadot](https://unocoin.com/in/exchange/inr/dot) ### **8. Avalanche (AVAX)** - **Current Price (INR):**₹3,033.57 - **Why It Stands Out:** Institutional interest, infrastructure expansion, DeFi traffic. - **Technical Case:** A clean breakout above resistance may target 2×+ moves; rejection means retest of support. - **Watch:** Large token holdings, protocol revenue, cross-chain flows. [Buy Avalanche](https://unocoin.com/in/exchange/inr/avax) ### **9. NEAR Protocol (NEAR)** - **Current Price (INR):** ₹*266.87* - **Why It Stands Out:** Developer-centric, ecosystem builds, scaling features. - **Technical Case:** Breaking above resistance could open the next leg; falling below support raises risk. - **Watch:** Grants, ecosystem growth, dev metrics. [Buy Near](https://unocoin.com/in/exchange/inr/near) ### **10. Polygon / POL (previously MATIC)** - **Current Price (INR):** ~ **₹20.05**[ ](https://coinmarketcap.com/currencies/polygon-ecosystem-token/pol/inr/?utm_source=chatgpt.com) - **Why It Stands Out:** Scaling, interoperability, layer-2 dominance on Ethereum. - **Technical Case:** If POL breaks above ₹25–₹30 (converted zone) with volume, target zones like ₹40+ come into view. If not, support retests around ₹15–₹18 likely. - **Watch:** Integration announcements, bridging volume, gas usage. [Buy Polygon](https://unocoin.com/in/exchange/inr/pol) ## **Trading Framework & Risk Controls** - **Entry only on conviction:** Wait for breakout confirmation or strong bounce with volume. - **Position Sizing:** Given volatility, keep exposure per token moderate. - **Stop Placement:** Just below structural supports. - **On-chain Overlays:** Watch whale moves, exchange inflows/outflows, token unlocks. - **Time Horizon:** Mid term (3–12 months) — not a quick flip list. ## **Conclusion for Unocoin Readers** These 10 tokens blend infrastructure, speculative upside, and ecosystem potential. Some will soar, others may falter. Use these levels, keep your risk tight, and always verify live pricing from Unocoin before executing. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Best Crypto Bets for Q4 2025: XRP & Cardano in Portfolio Spotlight](https://blog.unocoin.com/best-crypto-bets-for-q4-2025-xrp-cardano-in-portfolio-spotlight/) **Published:** September 22, 2025 **Author:** Unocoin Growth **Content:** As we step into the final quarter of 2025, crypto investors are once again evaluating their portfolios, looking for assets that combine resilience, growth potential, and real-world utility. While Bitcoin and Ethereum remain market leaders, the spotlight is shifting toward XRP and Cardano (ADA) — two altcoins that bring a unique blend of regulatory clarity, innovation, and ecosystem growth. ## **XRP: A Utility-First Digital Asset** XRP continues to carve a strong presence in global payments and cross-border transactions. Unlike many tokens that rely heavily on market speculation, XRP’s value is rooted in its real-world utility. With Ripple’s expanding partnerships with financial institutions, XRP has steadily positioned itself as the go-to asset for low-cost, high-speed global settlements. ### **Why XRP Stands Out in Q4 2025:** - **Regulatory Advantage:** Global clarity around XRP has given it a stronger foothold compared to many altcoins still navigating legal uncertainty. - **Institutional Adoption:** Increasing use by banks and payment providers ensures that XRP’s growth is not only speculative but also backed by genuine demand. - **Defensive Play:** XRP’s relatively lower volatility makes it a resilient addition to any portfolio, especially during uncertain market conditions. As crypto adoption accelerates, XRP offers investors a blend of **stability and utility**, making it one of the best-positioned assets heading into the final months of 2025. [Buy XRP Now!](https://unocoin.com/in/exchange/inr/xrp) ## **Cardano (ADA): The Innovation Powerhouse** Cardano has been quietly building a strong foundation for years, and now its ecosystem is beginning to flourish. With its unique focus on **scalability, sustainability, and academic research**, Cardano appeals to long-term investors who value structured growth and strong fundamentals. ### **Why Cardano Stands Out in Q4 2025:** - **DeFi Expansion:** Cardano’s smart contract capabilities have enabled a wave of DeFi applications, with rising Total Value Locked (TVL) signalling growing user adoption. - **Governance Upgrades:** Cardano’s roadmap emphasises community-driven governance, empowering token holders to shape the future of the ecosystem. - **Undervalued Potential:** Compared to Ethereum, ADA still trades at a relative discount, giving investors exposure to a Layer-1 blockchain with significant upside. With continued development and increasing on-chain activity, Cardano presents itself as a **high-growth bet** for those seeking exposure beyond Bitcoin and Ethereum.[Buy ADA Now!](https://unocoin.com/in/exchange/inr/ada) ## **Portfolio Spotlight: Balancing Strength and Growth** Building a well-rounded crypto portfolio is about more than chasing short-term gains. In Q4 2025, XRP and Cardano represent a balanced strategy: - XRP provides utility-driven stability with established global use cases. - Cardano offers innovation-driven growth through its expanding smart contract ecosystem. Together, they strike a powerful balance of resilience and innovation, giving investors exposure to both established adoption and future potential. ## **Final Thoughts** Q4 2025 is shaping up to be a crucial period for crypto investors, as market conditions align with growing adoption and institutional entry. By spotlighting XRP and Cardano, investors can diversify their holdings while positioning themselves for both short-term momentum and long-term growth. On Unocoin, you can explore these assets with confidence, making your portfolio ready for the opportunities the next phase of the crypto cycle brings. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Latest Bitcoin Price in India: Real-Time BTC Updates & Trends](https://blog.unocoin.com/bitcoin-price-in-india/) **Published:** September 20, 2025 **Author:** Unocoin Growth **Content:** Discover the latest Bitcoin price in India, convert 1 BTC to INR, and explore trends in the Indian crypto market. ## Live Bitcoin Price in INR The **current Bitcoin price in India** is highly volatile and changes every minute. You can check the live rate directly on the [Unocoin Exchange](https://www.unocoin.com) to see the latest **BTC to INR** value and execute trades instantly. ## 1 Bitcoin to INR: Why It Matters Many investors search for “[**1 BTC to INR**](https://blog.unocoin.com/btc-to-inr/)” because it helps them understand the value of their holdings in the Indian Rupee. With Bitcoin’s popularity in India, this conversion is one of the most searched crypto queries nationwide. ## Bitcoin Price Trends in India The **Bitcoin price in India today** reflects global demand and supply, combined with exchange liquidity. Over the years, Bitcoin has moved from just a few hundred rupees in 2013 to lakhs in 2025. Price trends show high volatility, making Bitcoin attractive for both long-term investors and short-term traders. ## How to Buy Bitcoin in India? You can buy Bitcoin easily using [Unocoin](https://www.unocoin.com) — India’s trusted crypto exchange since 2013. The steps are simple: 1. Sign up or log in to your Unocoin account. 2. Go to the Exchange section. 3. Search for **Bitcoin (BTC)**. 4. Enter the amount in INR and click *Buy*. That’s it — you’re now a Bitcoin investor! ## Why Indians Track Bitcoin Price in INR - **Portfolio value:** Traders want to track the real-time conversion of BTC to INR. - **Market timing:** Knowing the *Bitcoin price in India today* helps in deciding when to buy or sell. - **Global comparison:** INR-based valuation provides a better local perspective compared to USD prices. ## FAQs on Bitcoin Price in India ### 1. What is the current Bitcoin price in India? The price of Bitcoin in INR keeps fluctuating. Check [Unocoin](https://www.unocoin.com) for real-time values. ### 2. How much is 1 BTC to INR today? As of now, 1 Bitcoin is worth several lakhs in Indian Rupees. Visit Unocoin’s exchange page for the exact conversion. ### 3. Where can I buy Bitcoin in India? You can buy safely on [Unocoin](https://www.unocoin.com) using INR deposits. ### 4. Is Bitcoin legal in India? Yes, trading and holding Bitcoin is legal in India. However, profits are subject to taxation under Indian laws. *Related Reads:*- [How to Invest in Dogecoin in India](https://blog.unocoin.com/how-to-invest-in-dogecoin-india/) - [How to Buy Shiba Inu Coin in India](https://blog.unocoin.com/buy-shiba-inu-coin-india/) Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Development --- ### [The 3 Cryptos Everyone’s Talking About September edition](https://blog.unocoin.com/the-3-cryptos-everyones-talking-about-september-edition/) **Published:** September 21, 2025 **Author:** Unocoin Growth **Content:** The crypto market is gearing up for an exciting September, and three names—**Ripple (XRP), PEPE, and Litecoin (LTC)**—are capturing the most attention. Each offers a different story: Ripple with its institutional drive, PEPE with its meme-driven momentum, and Litecoin with its reputation as digital silver. For Indian investors on Unocoin, this trio presents very different risk–reward opportunities. ## **Ripple (XRP): Institutional Strength and Fresh Momentum** Ripple has entered September on a strong note. With its long-standing regulatory issues behind it, the project is now regaining investor confidence. XRP recently pushed above key resistance levels, reflecting renewed market momentum. Beyond charts, Ripple’s partnerships with global financial institutions and its stablecoin initiatives show real-world adoption in cross-border payments and tokenised finance. The buzz around a possible **XRP exchange-traded fund (ETF)** adds another layer of excitement. If approved, it could channel institutional money into XRP and lift prices further. Supply on exchanges is also shrinking as large holders move tokens into private wallets, reducing liquidity and potentially driving prices higher in the coming months. For Unocoin users, XRP offers a blend of **real-world use case** and **speculative upside**—a combination that could make it one of the most closely watched coins this September. ## **PEPE: High Risk, High Reward** PEPE, a community-driven meme coin, continues to attract retail traders with its extreme volatility. Its price charts are full of sharp rebounds and sudden corrections, making it a favourite for short-term speculators. September could bring a **potential 3–5× rebound** if momentum holds, as traders often rotate into meme coins when market sentiment improves. But PEPE is not without risk. The same hype that pushes it upward can also trigger steep declines if enthusiasm fades. Support and resistance levels are being closely watched by traders, and any breakouts could quickly escalate into big price swings. For Indian investors, PEPE is less about fundamentals and more about timing. While risky, it remains one of the most talked-about tokens in the meme sector and a potential **short-term trading opportunity** for those who can stomach volatility. ## **Litecoin (LTC): The Digital Silver** Often referred to as Bitcoin’s silver, Litecoin has held its place in the market for over a decade. With faster block times and lower transaction fees, it remains a popular choice for everyday payments and peer-to-peer transfers. Currently, Litecoin is testing strong resistance levels, and a breakout above these could trigger fresh rallies. There’s also talk of increased institutional recognition, with LTC seen as a reliable altcoin in times of market rotation. If September proves bullish for the wider market, Litecoin could benefit significantly. For Unocoin investors, LTC represents **stability and familiarity**. It may not have the hype of PEPE or the regulatory drama of Ripple, but it offers steady growth potential and a track record of resilience. ## **Final Takeaway** As September unfolds, **Ripple, PEPE, and Litecoin** will remain at the center of conversation. Ripple offers institutional credibility, PEPE delivers speculative excitement, and Litecoin provides long-term trust. Each coin speaks to a different type of investor, but all three are worth watching closely this month. For Indian investors on **Unocoin**, the opportunity lies in diversification—balancing safer bets like Ripple and Litecoin with the high-risk, high-reward play of PEPE. In a market known for surprises, these three cryptos could define September’s biggest moves. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Solana, XRP & Litecoin: Which One Is Poised for a Big Recovery?](https://blog.unocoin.com/solana-xrp-litecoin-which-one-is-poised-for-a-big-recovery/) **Published:** September 19, 2025 **Author:** Unocoin Growth **Content:** The cryptocurrency market is gradually regaining momentum after a period of uncertainty, and among the top contenders for a rebound are Solana (SOL), XRP, and Litecoin (LTC). Each of these coins offers distinct characteristics, use cases, and growth potentials, making them appealing to different types of investors. Based on the latest market trends as of September 17, 2025, here’s a closer look at their current state, potential recovery paths, and what the future might hold. ### **Solana (SOL): The High-Speed Network with Expanding Adoption** Solana is currently priced at ₹21,022.59, reflecting a 2.32% increase in the last 24 hours and a 6.31% gain over the week. This shows that the coin is gradually attracting renewed interest, particularly from developers and decentralised finance (DeFi) projects. Solana’s architecture allows for high transaction throughput at low costs, which continues to be a key differentiator in the crowded blockchain space. The ecosystem has been expanding, with more applications in gaming, non-fungible tokens (NFTs), and finance leveraging its scalability. Furthermore, as global institutions look for faster and cheaper blockchain alternatives, Solana stands to benefit from increased partnerships and integration. **Forecast:** If the current adoption trends continue and technical development accelerates, Solana’s price could climb steadily through the rest of 2025, possibly reaching new highs driven by both retail and institutional participation. ### **XRP: Utility-Driven Stability Amid Regulatory Shifts** XRP is trading at ₹277.70, with a modest 1.32% rise in the last 24 hours and a 1.58% increase over the past week. While not as aggressive as Solana’s movement, XRP’s strength lies in its utility. Designed primarily for cross-border payments, XRP’s partnerships with global financial institutions and payment processors give it an edge over other cryptocurrencies that lack a clear use case. Regulatory clarity has historically influenced XRP’s price. Recent signals around clearer cryptocurrency policies, coupled with XRP’s real-world applications, are encouraging signs for investors who value stability and use-case-driven growth. **Forecast:** With continued adoption in payment corridors and improved regulatory frameworks, XRP’s price could experience gradual but steady growth, appealing to long-term holders and conservative investors. ### **Litecoin (LTC): The Veteran’s Steady Path Forward** Litecoin is priced at ₹10,454.38, showing a 0.74% rise in the last 24 hours and a 1.77% increase over the week. Although it hasn’t seen dramatic price spikes, LTC’s reliability and established network provide a strong foundation for slow and steady recovery. Often referred to as the “silver to Bitcoin’s gold,” Litecoin’s faster transaction times and lower fees make it a practical option for everyday payments. Its long-standing presence in the crypto space ensures that it remains a trustworthy choice, especially for users looking for a tried-and-tested asset amidst market turbulence. **Forecast:** Litecoin’s growth will likely be gradual, supported by incremental adoption and continued demand for cost-effective transactions. It’s best suited for investors who prioritise safety and steady performance over aggressive gains. ### **Which Coin Should You Bet On?** If you are an investor looking for rapid growth backed by innovation and scalability, **Solana** stands out as the coin with the highest short-term recovery potential. On the other hand, **XRP** offers a more conservative route, with stability and regulatory-driven adoption as its strengths. **Litecoin**, while not the fastest-growing, remains a reliable option for users seeking predictable performance and trusted technology. ### **Final Thoughts** The recovery of Solana, XRP, and Litecoin depends on various factors, including adoption, network upgrades, and global financial trends. Solana’s speed and developer-friendly environment give it a growth edge, while XRP’s real-world use cases and regulatory progress could unlock further stability. Litecoin’s endurance and pragmatic use cases make it a solid, low-risk investment choice. Investors should carefully assess their risk appetite and long-term goals. A diversified approach across these assets could balance potential gains with stability, especially as market volatility remains a defining feature of the crypto landscape. With thoughtful strategy and careful research, Solana, XRP, and Litecoin each offer unique pathways to recovery — and opportunity — in 2025. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [BTC to INR: Live Bitcoin Price in India & How to Trade on Unocoin](https://blog.unocoin.com/btc-to-inr/) **Published:** September 18, 2025 **Author:** Unocoin Growth **Content:** Bitcoin (BTC) remains the most popular cryptocurrency worldwide, and in India, it continues to be the top choice for investors. If you are searching for **BTC to INR**, you’re likely looking for the *latest Bitcoin price in Indian Rupees* and the best way to buy, sell, or convert Bitcoin securely. In this guide, we’ll cover: - What BTC to INR means - Live Bitcoin price in INR - Why BTC to INR is important for traders in India - Step-by-step guide: Trade Bitcoin to INR on Unocoin - Benefits of trading with Unocoin - FAQs ## What Does BTC to INR Mean? BTC to INR simply represents the value of 1 Bitcoin in Indian Rupees. Since cryptocurrency prices are volatile, the BTC to INR exchange rate changes 24/7. Tracking this live price helps investors make informed decisions on when to buy or sell Bitcoin. ## Live BTC to INR Price in India The current BTC to INR price is always fluctuating. With Unocoin, you can: - Check real-time Bitcoin price in INR - View price history with detailed charts - Set alerts for Bitcoin price changes 👉 [Check Live BTC to INR on Unocoin](https://unocoin.com/in/exchange/inr/btc) ## Why BTC to INR Matters for Indian Investors - **Direct INR Conversion:** No need to use USD or other currencies. - **Trusted Exchange:** Unocoin has been India’s most reliable Bitcoin exchange since 2013. - **Portfolio Tracking:** Manage profits and losses directly in INR. ## How to Trade BTC to INR on Unocoin (Step-by-Step) 1. Sign up on Unocoin and complete your KYC. 2. Deposit INR into your wallet via bank transfer, UPI, or supported methods. 3. Go to the Exchange section and select Bitcoin (BTC). 4. Enter the amount of BTC you want to buy or sell. 5. Click Buy or Sell to instantly trade BTC to INR. That’s it! In just a few steps, you can convert Bitcoin to INR securely. ## Benefits of Using Unocoin for BTC to INR - ✅ India’s first and most trusted Bitcoin exchange (since 2013) - ✅ Trade from as little as ₹100 - ✅ Low fees compared to other exchanges - ✅ Secure wallets with offline storage & paper wallet options - ✅ 24/7 customer support ## Risks & Considerations While Bitcoin is one of the most valuable digital assets, prices remain volatile. Always invest wisely, diversify your portfolio, and avoid emotional trading. ## Final Thoughts Tracking BTC to INR is essential for any Indian crypto investor. With Unocoin, you get access to real-time Bitcoin prices in INR, an easy-to-use exchange, and a secure platform trusted by over a decade of users. 👉 [Sign up on Unocoin today and start trading BTC to INR](https://unocoin.com/in/home?type=login) ## FAQs on BTC to INR ### What is the live BTC to INR rate today? The BTC to INR rate changes constantly based on market demand. You can check the [live Bitcoin to INR price on Unocoin](https://unocoin.com/in/exchange/inr/btc). ### How can I sell Bitcoin for INR in India? To sell BTC for INR, log in to your Unocoin account, go to the exchange, select Bitcoin, Enter the amount you want to sell, and click Sell. The INR will be credited to your wallet instantly. ### What is the minimum amount required to buy Bitcoin on Unocoin? You can start investing in Bitcoin on Unocoin with just ₹100, making it accessible for beginners and seasoned traders alike. ### Is it safe to buy Bitcoin in India? Yes, buying Bitcoin in India is safe if you use a trusted exchange like Unocoin, which offers secure wallets, KYC compliance, and multiple storage options, including paper wallets. ### Why choose Unocoin for BTC to INR trading? Unocoin is India’s first Bitcoin exchange (since 2013), offering low fees, secure wallets, INR deposits/withdrawals, and a trusted platform for trading BTC to INR. You can also see[ USDT to INR](https://unocoin.com/in/USDTtoINR/) conversion here Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Buy Shiba Inu Coin in India | How to Invest in SHIB on Unocoin](https://blog.unocoin.com/buy-shiba-inu-coin-india/) **Published:** September 17, 2025 **Author:** Unocoin Growth **Content:** Shiba Inu (SHIB) has become one of the most talked-about cryptocurrencies in recent years. Popularly known as the “Dogecoin killer,” Shiba Inu has captured the attention of Indian crypto investors who want to explore high-potential digital assets. If you are wondering how to buy Shiba Inu coin in India, this guide will walk you through everything you need to know. ## What is Shiba Inu Coin? Shiba Inu is an Ethereum-based cryptocurrency launched in 2020. Inspired by the famous Japanese dog breed, SHIB quickly gained popularity due to its strong community support, meme-driven culture, and growing use cases within the crypto ecosystem. Unlike Bitcoin, Shiba Inu is highly affordable per token, making it attractive to new investors who want exposure to crypto at a lower entry price. ## Why People are Investing in Shiba Inu 1. **Affordable Investment** – SHIB tokens are priced much lower than Bitcoin or Ethereum, allowing investors to start small. 2. **Community Power** – Shiba Inu has one of the largest and most active communities in crypto. 3. **Ecosystem Growth** – With ShibaSwap, NFTs, and future blockchain plans, Shiba Inu is moving beyond just being a meme coin. 4. **High Market Visibility** – Listed on major exchanges and widely discussed on social media. ## How to Buy Shiba Inu Coin in India Buying Shiba Inu in India is simple and secure with Unocoin, India’s most trusted [crypto exchange](https://unocoin.com/in/) since 2013. Here’s a step-by-step guide: ### Step 1: Sign Up on Unocoin Download the **Unocoin app** or visit unocoin.com. Create your account with your email and mobile number. ### Step 2: Complete KYC Verification Submit your PAN card, Aadhaar, and bank details to activate your account. ### Step 3: Add Funds Deposit INR directly using bank transfer, UPI, or debit/credit card. ### Step 4: Buy Shiba Inu Coin Search for Shiba Inu (SHIB) on Unocoin and enter the amount you wish to invest. You can start with as little as ₹100. ### Step 5: Secure Your SHIB Store your SHIB in Unocoin’s secure wallet or transfer it to your private crypto wallet for extra safety. ## Why Buy Shiba Inu on Unocoin? ✅ India’s most trusted crypto exchange since 2013 ✅ Start investing from just ₹100 ✅ Low fees for buying and selling crypto ✅ Secure wallet & paper wallet option for safe storage ✅ 24/7 customer support to assist you anytime ## Things to Consider Before Investing While Shiba Inu offers exciting opportunities, it’s important to remember: - The price of SHIB can be highly volatile - Do your own research and invest responsibly - Consider starting small and diversifying your portfolio [learn how to invest in Dogecoin in India](https://blog.unocoin.com/how-to-invest-in-dogecoin-india/) ## Final Thoughts Shiba Inu has become more than just a meme—it is a fast-growing digital asset with an expanding ecosystem. If you are ready to take the next step, you can easily buy Shiba Inu coin in India on Unocoin and start your crypto journey today. 👉 [Sign up on Unocoin](https://unocoin.com/in/home?type=login) now and start investing in Shiba Inu from just ₹100! Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog **Tags:** Buy Shiba Inu coin, Meme coins, Shiba Inu --- ### [PEPE Coin: Is a 3–5× Rebound Coming in September?](https://blog.unocoin.com/pepe-coin-is-a-3-5x-rebound-coming-in-september/) **Published:** September 15, 2025 **Author:** Unocoin Growth **Content:** Meme coins continue to capture headlines in the crypto world, and PEPE Coin is no exception. After a sharp correction earlier this year, PEPE has stabilised and is now attracting attention from traders who believe September could bring a 3–5× rebound. With growing volumes and renewed community interest, this meme token may be entering a decisive month for its future. ## **The Rise of PEPE Coin** Launched as a light-hearted tribute to the internet’s iconic frog meme, PEPE Coin quickly rose to fame in 2023–2024, riding the wave of meme coin mania alongside DOGE and SHIB. Its rapid growth highlighted the influence of internet culture on financial markets, where communities drive adoption as much as technology or utility. By mid-2025, PEPE had carved out a significant place in the meme coin category, with a loyal fan base and strong liquidity on major exchanges. ## **Why a Rebound Looks Possible** Several factors are fueling speculation about a potential 3–5× rally in September: 1. **Market Sentiment** – Meme coins often thrive during phases of sideways trading in larger assets like Bitcoin and Ethereum. With BTC consolidating, traders are rotating into high-volatility tokens like PEPE. 2. **Community Hype** – PEPE’s online community has regained momentum, with active campaigns, trading competitions, and viral marketing pushing visibility higher. 3. **Technical Indicators** – Analysts note that PEPE has established a strong support base and is showing early signs of upward momentum on daily charts. 4. **Liquidity and Exchange Listings** – With wider availability on global platforms, PEPE enjoys both accessibility and increased liquidity, boosting rebound potential. ## **Risks to Consider** While the opportunity for gains exists, meme coins also carry significant risks: - **Volatility** – Price swings of 20–30% within a single day are common. - **Speculative Nature** – Unlike Ethereum or Solana, meme tokens like PEPE lack deep utility, relying heavily on community interest. - **Regulatory Scrutiny** – Global regulators are increasingly monitoring high-risk assets, which could impact meme coins in the future. Investors must weigh these risks against the reward potential and avoid overexposure. ## **Investor Outlook for September** If momentum continues, PEPE could see a **3–5× surge** from current levels. This would place it among the top performers in the meme coin sector for the month. However, even a smaller rally could offer meaningful gains for those who time their entries well. A disciplined strategy—such as dollar-cost averaging (DCA) or allocating only a small portion of the portfolio to meme assets—can help investors balance risk while staying exposed to potential upside. ## **Final Thoughts** PEPE Coin’s story is more than just a meme—it’s a reflection of how community-driven assets can disrupt traditional investing patterns. While risks remain, September 2025 could turn out to be a pivotal month, with traders watching closely to see if PEPE delivers the much-anticipated rebound. At **Unocoin**, you can easily buy, sell, and manage meme coins like PEPE along with major cryptocurrencies. Whether you’re seeking stability in Bitcoin or exploring the excitement of tokens like PEPE, Unocoin provides a trusted platform to navigate both sides of the crypto market. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [How to Invest in Dogecoin India: Step-by-Step Guide (2025)](https://blog.unocoin.com/how-to-invest-in-dogecoin-india/) **Published:** September 10, 2025 **Author:** Unocoin Growth **Content:** Dogecoin (DOGE) has gone from being an internet meme to one of the most recognised cryptocurrencies worldwide. Known for its community-driven growth and real-world utility, Dogecoin has attracted millions of investors globally. If you’re wondering how to invest in Dogecoin India, you’ve come to the right place. Let’s walk through the process. ### **What is Dogecoin?** Dogecoin is a peer-to-peer digital currency launched in 2013. What began as a joke with a [Shiba Inu](https://blog.unocoin.com/how-to-buy-shiba-inu-in-india/) dog mascot has grown into a cryptocurrency with billions in daily trading volume. ### **Quick facts about DOGE:** - Used for payments, tipping, and trading - Low transaction fees - Supported by a passionate global community - Popular among both beginners and seasoned crypto traders ### **Why Invest in Dogecoin in India?** - **Community Power:** DOGE thrives because of its massive and active community. - **Adoption:** Increasing use in payments and online tipping. - **Accessibility:** Easy to buy in INR via Indian exchanges like Unocoin. - **Long-term potential:** Backed by ongoing updates and cultural relevance. #### **How to Invest in Dogecoin with Unocoin?** Unocoin makes it simple for Indian investors to get started with Dogecoin. **Step 1:** Log in to your Unocoin account. **Step 2:** Open the **Exchange tab** on your dashboard. **Step 3:** Search for **Dogecoin (DOGE)**. **Step 4:** Click **Buy**, enter your amount, and confirm. Done! You’re now an investor in Dogecoin. ##### **Pro Tips Before You Invest** - **Start small:** Begin with an affordable amount. - **Diversify:** Spread your investment across multiple coins. - **Secure your assets:** Use Unocoin’s [Paper Wallet service](https://blog.unocoin.com/paper-wallet-private-key/) for long-term storage. - **Stay updated:** Track DOGE price trends directly on the Unocoin app. ##### **Why Choose Unocoin for Dogecoin?** - India’s trusted crypto exchange since 2013 - INR deposits and withdrawals - Low trading fees - Beginner-friendly interface - Over 2 million Indian users **Final Thoughts** Dogecoin may have started as a meme, but today it’s a cryptocurrency with a strong community and growing utility. If you’re looking to **invest in Dogecoin India**, Unocoin provides the safest and easiest way to start. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog --- ### [Bitcoin’s Red September: Pullbacks Bring It Below $100,000?](https://blog.unocoin.com/bitcoins-red-september-pullbacks-bring-it-below-100000/) **Published:** September 10, 2025 **Author:** Unocoin Growth **Content:** September has often been an uneasy month for Bitcoin (BTC) investors. Historically, the world’s largest cryptocurrency tends to face pullbacks during this period, giving rise to the term “Red September.” With Bitcoin currently trading above the ₹9,861,879 ($111,892) mark, many are asking: will this seasonal pattern play out again in 2025. ## **The Seasonal Trend: Why September Matters** Looking back at Bitcoin’s trading history, September has often been associated with corrections. Several factors explain this pattern: - **Quarterly portfolio rebalancing** by institutions often leads to reduced exposure in risk assets. - **Tax deadlines and cash needs** in certain markets are prompting selling pressure. - **Market psychology**, where traders anticipate a drop and sell preemptively, reinforces the cycle. While history doesn’t always repeat, the trend of September weakness has appeared frequently enough to shape investor sentiment. ## **Current Market Landscape** Despite the seasonal caution, Bitcoin’s fundamentals remain strong: 1. **ETF Support** – Spot Bitcoin ETFs continue to bring in institutional inflows, helping offset selling pressure. 2. **Post-Halving Scarcity** – The 2024 halving has reduced block rewards, limiting new supply at a time of growing demand. 3. **Macro Tailwinds** – Expectations of rate cuts and cooling inflation provide a favourable backdrop for risk assets like Bitcoin. Still, markets move in waves, and short-term corrections are part of a healthy growth cycle. ## **Key Levels to Watch** At present, Bitcoin has strong **support around ₹1,00,00,000**, which has historically acted as a psychological anchor for investors. If BTC were to fall below this level in September, it could test lower zones near **₹95,00,000**. On the upside, resistance is visible around **₹1,19,00,000**, and any breakout above this could nullify the “Red September” narrative. ## **Investor Playbook for September** For investors, a pullback isn’t necessarily bad news—it can be an opportunity in disguise. Here’s why: - **Accumulation Opportunity**: Dips below key levels allow long-term investors to acquire more Bitcoin at favourable prices. - **Reduced Overheating**: Corrections prevent unsustainable rallies and build stronger foundations for the next bullish move. - **Dollar-Cost Averaging (DCA)**: This strategy works best during periods of volatility, smoothing out the impact of short-term swings. ## **Will 2025 Be Different?** Unlike earlier years, 2025 comes with unique dynamics. Institutional participation through ETFs, global adoption initiatives, and the halving’s supply shock make Bitcoin structurally stronger than ever before. Even if “Red September” brings temporary weakness, the long-term trajectory remains bullish. ## **Final Thoughts** Seasonal pullbacks may bring volatility, and yes, Bitcoin could momentarily test below ₹1,00,00,000 this September. But history has shown that every dip creates a new base for the next rally. With strong fundamentals, growing institutional interest, and tightening supply, Bitcoin’s future remains bright. At Unocoin, India’s leading crypto investing platform, you can securely [buy, sell, and accumulate with SIP in Bitcoin](https://unocoin.com/in/bitcoin?type=sbp) at any stage of the cycle. Whether markets turn red or rally higher, smart investors use every phase to build long-term wealth. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Market Analysis **Tags:** bitcoin indicators, buy bitcoin --- ### [Forecasting Bitcoin’s Consolidation Between $104K–$119K](https://blog.unocoin.com/forecasting-bitcoins-consolidation-between-104k-119k/) **Published:** September 8, 2025 **Author:** Unocoin Growth **Content:** Bitcoin (BTC), the pioneer and leader of the cryptocurrency market, has delivered another strong performance in 2025. After crossing the ₹1 crore mark earlier this year, BTC is now trading in a range of ₹1,04,00,000 to ₹1,19,00,000. Analysts suggest that September could be a period of consolidation for Bitcoin—a healthy phase that often precedes the next major breakout. ## **Why Bitcoin Consolidates After Big Rallies** Markets move in cycles, and Bitcoin is no exception. Following major price surges, it often enters periods of sideways trading. These consolidations allow: - **Long-term investors to accumulate** more BTC at stable levels. - **Short-term traders to reset leverage**, reducing volatility. - **Institutional inflows to build gradually**, creating a stronger base for future gains. Historically, such consolidation phases have been launchpads for the next upward move, especially when fundamentals remain strong. ## **Macro Factors Supporting the Range** Several global factors are influencing Bitcoin’s current price action: 1. **Federal Reserve Rate Policy** – With rate cuts on the horizon, liquidity is expected to flow back into risk assets. Crypto, led by Bitcoin, tends to benefit the most in such scenarios. 2. **ETF Momentum** – Spot Bitcoin ETFs continue to attract institutional funds, ensuring steady demand even during consolidation. 3. **Halving Aftermath** – The 2024 halving has tightened BTC supply, amplifying the long-term scarcity narrative. 4. **Global Adoption** – From nation-states exploring Bitcoin reserves to corporations integrating BTC payments, demand is becoming structural, not speculative. These factors together explain why Bitcoin is maintaining a strong support base around ₹1,04,00,000 and finding resistance near ₹1,19,00,000. ## **What This Range Means for Investors** For traders and investors, a consolidation range is a gift in disguise: - **Accumulation Opportunity** – Long-term investors can accumulate Bitcoin without the pressure of chasing all-time highs. - **Predictable Risk Zones** – With clear support and resistance levels, investors can plan entry and exit strategies with greater confidence. - **Reduced Volatility** – Stability during consolidation allows for diversified strategies, including dollar-cost averaging (DCA). ## **Price Scenarios to Watch in September** - **Bullish Breakout**: If BTC crosses ₹1,19,00,000 with strong volumes, the next leg could push prices toward ₹1,30,00,000 and beyond. - **Neutral Consolidation**: If it stays within the current band, investors can expect accumulation to strengthen the next rally. - **Bearish Breakdown**: A dip below ₹1,04,00,000 could test lower support levels, but long-term fundamentals still favour recovery. ## **Final Thoughts** Bitcoin’s current consolidation between ₹1.04 crore and ₹1.19 crore reflects a maturing market, where short-term swings are balanced by long-term growth. Whether September ends in a breakout or continued range trading, the underlying fundamentals suggest that Bitcoin remains the strongest digital asset in the world. At Unocoin, India’s leading crypto platform, you can buy, sell, and hold Bitcoin with ease and security. With BTC setting up for its next big move, now is the right time to position yourself for the opportunities ahead. **Categories:** Blog, Market Analysis --- ### [How High Could ETH Go? 60-150% Rally coming in!](https://blog.unocoin.com/how-high-could-eth-go-60-150-rally-coming-in/) **Published:** September 5, 2025 **Author:** Unocoin Growth **Content:** Ethereum (ETH), the world’s second-largest cryptocurrency, is once again in the spotlight. With Bitcoin already above the ₹1 crore mark and market liquidity improving after months of macroeconomic tightening, analysts and investors are turning their focus to Ethereum’s growth potential. Recent trends suggest that ETH could be gearing up for a **60–150% rally**, making it one of the most promising digital assets for the remainder of 2025. ## **Why Ethereum Stands Apart** Unlike most cryptocurrencies, Ethereum is more than just a store of value. It powers an entire ecosystem of decentralised applications (dApps), smart contracts, NFTs, and DeFi platforms. This versatility makes ETH a backbone of Web3 innovation. Every major upgrade to the Ethereum blockchain—whether it’s scalability improvements or energy efficiency—directly boosts adoption and long-term value. The transition to Proof of Stake (PoS) has already lowered network energy consumption significantly, making ETH more attractive for institutions mindful of sustainability. On top of that, Ethereum’s upcoming layer-2 integrations and rollup technologies aim to reduce transaction costs, which could unlock another wave of user adoption. ## **Market Tailwinds Fueling the Rally** Several macro and microeconomic factors are aligning in Ethereum’s favour: 1. **Federal Reserve Rate Cuts** – With inflation cooling in the U.S., global markets anticipate lower interest rates. Historically, such cycles bring liquidity into risk assets like cryptocurrencies. 2. **ETF Inflows** – Spot ETH ETFs, already witnessing strong traction, are expected to accelerate institutional adoption, similar to what Bitcoin experienced earlier this year. 3. **On-Chain Activity** – Ethereum continues to dominate DeFi, NFT, and token issuance activity, capturing over 60% of smart contract usage in the market. Together, these catalysts position ETH for a possible breakout that could see its value rise by **60–150%** from current levels. ## **Investor Sentiment and Price Projections** At present, Ethereum trades near ₹5,00,000 per ETH, with a market capitalisation comfortably above ₹60 trillion. If ETH achieves even the lower end of the forecast (+60%), the price could climb towards ₹8,00,000, while a more aggressive rally (+150%) might push it well past ₹12,50,000. The growing confidence among institutional investors, coupled with strong retail participation, makes these targets more realistic than speculative. As history shows, Ethereum rallies often follow Bitcoin’s surges but with greater percentage gains once momentum sets in. ## **Why Now is the Time to Act** For long-term investors, Ethereum offers a dual advantage: - **Utility-backed growth**, as its blockchain adoption continues to expand. - **Investment upside**, with price projections hinting at significant gains in the coming quarters.[BUY ETHEREUM NOW!](https://unocoin.com/in/exchange/inr/eth) By adding ETH to your portfolio, you are not only investing in a cryptocurrency but also participating in the future of finance, decentralised systems, and digital ownership. ## **Final Thoughts** Ethereum stands on the cusp of another historic rally. With robust fundamentals, macroeconomic support, and accelerating adoption, ETH could deliver strong returns for investors who act early. Whether it’s portfolio diversification or building exposure to Web3’s most trusted blockchain, Ethereum deserves a central spot in every investor’s strategy today. At **Unocoin**, you can seamlessly buy, sell, and hold Ethereum with confidence. As markets gear up for a new cycle of growth, now is the moment to explore ETH’s potential and position yourself for the future. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Market Analysis --- ### [Important Notice: MakerDAO Token Swap to SKY Know more](https://blog.unocoin.com/important-notice-makerdao-token-swap-to-sky-know-more/) **Published:** September 3, 2025 **Author:** Unocoin Growth **Content:** The world of crypto is always evolving, and so are the tokens that power decentralised ecosystems. One of the most notable recent changes is the rebranding and redenomination of Maker (MKR) to Sky (SKY). To keep our users fully aligned with this global upgrade, Unocoin has stopped trading of MKR and will soon enable support for SKY Tokens This transition marks a new chapter in the MakerDAO ecosystem, designed to expand adoption and usability under its new identity called **Sky (SKY)**. As always, Unocoin ensures that your holdings remain safe and are seamlessly carried forward into this upgrade. ## **What Has Changed?** - **MKR Delisted on Unocoin:** Maker (MKR) is no longer available for trading, deposits, or withdrawals on Unocoin. - **Conversion to SKY:** All MKR balances will be converted automatically to SKY at a fixed rate of 1 MKR = 24,000 SKY. - **Balances & Access from September 10, 2025:** Your proportionate SKY balance will be visible in your Unocoin account from this date. - **Trading Resumes:** SKY trading pairs, deposits, and withdrawals will also go live on September 10, 2025. ## **Why the Rebrand?** The shift from MKR to SKY isn’t just cosmetic. It represents a broader vision by MakerDAO (now rebranded as Sky) to build more scalable, inclusive, and innovative decentralised finance (DeFi) solutions. By redenominating the token supply, accessibility improves for a wider audience, making SKY easier to trade, hold, and use within DeFi applications. ## **What Does It Mean for Unocoin Users?** 1. **No Action Needed:** If you held MKR on Unocoin, your tokens are safe. You don’t need to do anything. 2. **Automatic Conversion:** Your MKR holdings will be reimbursed proportionately in SKY. For example, holding 1 MKR will get you 24,000 SKY. 3. **Resumption Date:** SKY balances, deposits, and withdrawals will be accessible from September 10, 2025, on Unocoin. 4. **Safe & Seamless:** The entire process is handled by Unocoin to ensure smooth migration with zero risk for our users. ## **Looking Ahead** With the launch of SKY, the DeFi space enters a new era of innovation, and Unocoin is excited to support this journey for our community. The migration ensures that your assets evolve with the global ecosystem while staying safe and accessible. **So, mark your calendars—September 10, 2025 is when SKY takes flight on Unocoin****.** Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Development, Featured, News **Tags:** Maker dao, SKY tokens, Swap --- ### [The Future of Interoperable Chains and Multi-Chain Wallets](https://blog.unocoin.com/the-future-of-interoperable-chains-and-multi-chain-wallets/) **Published:** September 2, 2025 **Author:** Unocoin Growth **Content:** Blockchain technology has moved far beyond the early days of isolated networks. Today, the most pressing challenge is interoperability—the ability for different blockchains to talk to each other, exchange assets, and share data securely. This has given rise to cross-chain innovation, a movement that is reshaping the way users and developers interact with Web3. ## **Why Interoperability Matters** Most blockchains are designed as independent ecosystems. While this allows for innovation and specialisation, it also creates fragmentation. For example, Ethereum excels at smart contracts, while Solana leads in transaction speed, and Bitcoin remains the strongest store of value. Yet, these networks rarely communicate directly. Cross-chain protocols are solving this by enabling: - Asset Transfers Across Chains – Seamless movement of tokens without relying on centralised exchanges. - Cross-Chain Smart Contracts – Applications that can access liquidity and features from multiple blockchains. - Unified User Experience – Multi-chain wallets that allow users to manage all assets in one place. This interoperability not only boosts efficiency but also opens new doors for decentralised finance (DeFi), gaming, and tokenised assets. ## **Leading Innovations in the Space** Several projects are pioneering cross-chain technology: - Polkadot (DOT): Uses a relay chain and parachains to allow different blockchains to share security and transfer assets seamlessly. - Cosmos (ATOM): Known as the “Internet of Blockchains,” it enables independent chains to connect through its Inter-Blockchain Communication protocol. - Chainlink CCIP: A cross-chain communication standard allowing smart contracts to interact across networks. - Axelar and LayerZero: Both focus on secure messaging layers that power applications to go truly multi-chain. Together, these innovations are creating an ecosystem where chains can collaborate instead of compete. ## **Multi-Chain Wallets: The User Gateway** For everyday users, multi-chain wallets are the most visible form of this innovation. Instead of managing separate wallets for Ethereum, Solana, Polygon, or Avalanche, a multi-chain wallet enables seamless control of assets across all networks. As these wallets integrate cross-chain protocols, users will be able to swap, stake, and interact with DeFi applications on different blockchains without leaving a single interface. ## **Coin Example: Polkadot (DOT)** Polkadot stands out as one of the most advanced interoperability projects. Its unique design connects dozens of specialised blockchains (parachains) under a shared security system. This means developers can build highly customised blockchains while still being part of a unified ecosystem. From a market perspective, DOT is currently trading around $3.87 USD. While far below its all-time high of nearly $49 in 2021, Polkadot continues to strengthen its fundamentals. The token’s long-term value lies not just in speculation but in its utility for governance, staking, and securing parachain slots. With growing adoption of cross-chain solutions, DOT remains a strong contender for future appreciation. ## **The Road Ahead** Cross-chain interoperability is more than a technical upgrade—it’s the foundation of a more connected and efficient Web3. In the coming years, users may not even need to know which chain they are using. Wallets will abstract away complexity, while protocols ensure secure and instant transfers across networks. For investors and developers, the message is clear: the future is multi-chain. Projects like Polkadot, Cosmos, and others are leading the way, and as adoption grows, interoperability will transform blockchain from isolated islands into a truly global, interconnected ecosystem. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Cross-chains, Multi chian --- ### [Smart Stablecoins Algorithmic and AI-backed Stable Assets](https://blog.unocoin.com/smart-stablecoins-algorithmic-and-ai-backed-stable-assets/) **Published:** September 1, 2025 **Author:** Unocoin Growth **Content:** Stablecoins have long been the backbone of the crypto economy, serving as a bridge between volatile digital assets and the stability of fiat currencies. For years, USDT (Tether) and USDC (USD Coin) have dominated this space, offering dollar-pegged tokens backed by reserves. However, the future of stable assets goes far beyond simple fiat-backed tokens. The next generation of innovation is already here: algorithmic stablecoins and AI-powered stable assets are redefining how value is stored and transferred in Web3. ### **The Limitations of Traditional Stablecoins** USDT and USDC have proven essential for trading, payments, and DeFi liquidity. Yet, both rely heavily on centralised structures—backed by fiat reserves held in traditional banks. This raises two critical concerns: 1. Centralisation Risk – Regulatory crackdowns or banking restrictions could affect access and redemption. 2. Transparency Questions – While USDC publishes audits, debates over reserve quality in some stablecoins remain unresolved. As blockchain adoption grows globally, demand is rising for stable assets that are decentralised, adaptive, and resilient. ### **Algorithmic Stablecoins: Decentralisation First** Algorithmic stablecoins attempt to maintain their peg using code instead of collateral. Through supply and demand mechanics, smart contracts automatically expand or contract token supply to stabilise prices. Notable examples include: - DAI – Backed by crypto collateral on MakerDAO, it pioneered decentralised stability. - FRAX – Uses a hybrid model, part-collateralised and part-algorithmic. - UST (Terra) – Despite its collapse in 2022, it highlighted both the potential and risks of purely algorithmic systems. The lesson from past failures is clear: algorithmic models need stronger risk frameworks and diversified collateral to survive extreme volatility. Developers are now building second-generation protocols that combine decentralisation with sustainability. ### **AI-backed Stable Assets: The Next Leap** The latest frontier is AI-integrated stablecoins, where artificial intelligence helps manage reserves, risk exposure, and market interventions. Imagine a stablecoin that: - Monitors global economic data in real time, - Predicts liquidity shocks before they happen, - Automatically rebalances collateral baskets, and - Adjusts peg strategies dynamically based on macroeconomic signals. Such smart stablecoins could be more adaptive than static reserve models, reducing risks of de-pegging while maintaining transparency on-chain. AI-powered models are already being tested by fintech startups, merging blockchain with predictive algorithms. ### **Why India Should Watch This Space** India is emerging as one of the largest markets for digital payments and crypto adoption. Stablecoins already play a major role in remittances, trading, and hedging against volatility. With algorithmic and AI-backed stable assets, Indian users could soon see: - Cheaper Cross-border Transfers: Reducing reliance on expensive remittance channels. - Smart Savings Products: AI-managed stablecoins offering risk-adjusted yields. - Decentralised Rupee Alternatives: Assets pegged to INR or a basket of currencies for local use cases. ### **The Road Ahead** Stablecoins are no longer just “crypto dollars.” The industry is shifting towards smart stable assets that combine decentralisation, innovation, and intelligence. While USDT and USDC will remain pillars, the rise of algorithmic and AI-backed models signals a more resilient and adaptive future for digital money. For Indian investors and businesses, this evolution could mean new opportunities in payments, trading, and digital finance—unlocking a smarter, more inclusive financial ecosystem powered by Web3. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Stable coins --- ### [Crypto ETF Frenzy: Spot ETH ETF Approval and Bitcoin ETF Flows](https://blog.unocoin.com/crypto-etf-frenzy-spot-eth-etf-approval-and-bitcoin-etf-flows/) **Published:** August 25, 2025 **Author:** Unocoin Growth **Content:** The cryptocurrency market in 2025 is witnessing a new wave of institutional adoption, with **spot ETFs (Exchange-Traded Funds)** at its centre. Following the historic approval of spot Bitcoin ETFs in early 2024, which unlocked billions of dollars in inflows, the U.S. SEC’s approval of **spot Ethereum ETFs** has created the next big catalyst. Together, these two products are not only reshaping investor participation but also driving structural changes in the global crypto market. ### **Bitcoin ETFs: The Liquidity Anchor** Since their launch, spot Bitcoin ETFs have been an overwhelming success. Global asset managers like BlackRock and Fidelity have accumulated billions of dollars’ worth of Bitcoin on behalf of investors. These inflows have helped cushion volatility and provided Bitcoin with a new level of legitimacy in traditional finance. In fact, cumulative net inflows into Bitcoin ETFs have already crossed **$14 billion**, establishing BTC as an investable asset class for pension funds, family offices, and retail investors alike. This liquidity anchor has made Bitcoin more resilient even during market corrections. Institutional interest continues to remain strong, and ETFs are acting as a bridge between crypto-native markets and Wall Street. ### **Ethereum Joins the Race** The **approval of spot Ethereum ETFs** marks a turning point. Unlike futures-based products, these ETFs directly hold Ether, making exposure both transparent and regulated. For the first time, investors can access Ethereum via traditional brokerage accounts, without needing wallets or exchanges. The entry of ETH ETFs has had two major effects: 1. **Market Legitimacy** – Ethereum is now recognised alongside Bitcoin as a foundational digital asset with long-term potential. 2. **Supply Squeeze** – With large asset managers buying Ether to back their ETFs, liquidity on exchanges is tightening, creating upward price momentum. The only limitation today is that ETFs cannot stake ETH, meaning holders miss out on potential staking yields. If staking integration is approved in the future, Ethereum could witness an even stronger supply shock, positioning it for exponential price growth. ### **Why This Matters for Indian Investors** For Indian investors, the rise of spot ETFs in global markets provides two key signals: - **Validation of Crypto as an Asset Class** – With regulated ETFs gaining traction globally, the perception of crypto as “speculative” is fading. - **Growing Institutional Adoption** – The presence of giants like BlackRock in Bitcoin and Ethereum markets shows confidence in the long-term value of these assets. While ETFs themselves are not yet accessible in India due to regulatory frameworks, investors on Unocoin can directly buy and hold **Bitcoin (BTC)** and **Ethereum (ETH)**, the very assets driving ETF inflows globally. This ensures they don’t miss out on the trend shaping global finance. ### **The Road Ahead** Crypto ETFs are no longer experiments—they are **financial products with billions in flows**, comparable to gold or equity index ETFs. Bitcoin remains the undisputed market leader, while Ethereum is quickly establishing itself as a core Web3 asset. Together, they form the backbone of digital finance. For Indian investors, the message is clear: if institutions are buying, it may be the right time to **accumulate strategically**. On Unocoin, both BTC and ETH remain just a few taps away—bringing global opportunities straight to your fingertips. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Web3 Gaming in India: Play-to-Earn Models Evolving into Play-to-Own Ecosystems](https://blog.unocoin.com/web3-gaming-in-india/) **Published:** August 22, 2025 **Author:** Unocoin Growth **Content:** India’s gaming landscape is undergoing a massive transformation, driven by blockchain technology and the rise of Web3. What started as a wave of “play-to-earn” (P2E) games—where players could earn tokens or NFTs for participating—has now begun evolving into sustainable “play-to-own” (P2O) ecosystems. This shift is not just about short-term financial rewards but about building long-term value, community-driven ownership, and a new digital economy for gamers. ### **The Early Days: Play-to-Earn Hype** The initial appeal of Web3 gaming in India stemmed from the explosive success of play-to-earn models. Games like *Axie Infinity* and *StepN* showcased how players could earn real-world income through gaming. For Indian gamers, especially in tier-2 and tier-3 cities, the idea of converting gameplay into tangible earnings was revolutionary. This phase coincided with rising crypto adoption in the country, turning gaming into a side hustle for many. However, the P2E model quickly revealed its limitations. The high entry costs, unsustainable tokenomics, and reliance on continuous inflows of new users made many games feel more like speculative investments than entertainment platforms. As token prices fell and user activity slowed, the market realized that a sustainable gaming ecosystem required more than just “earnings.” ### **The Shift Towards Play-to-Own** The next phase of Web3 gaming in India is centered on **play-to-own**. Instead of treating games as temporary income streams, P2O emphasizes digital ownership, interoperability, and community engagement. Players don’t just “earn” tokens; they **own in-game assets** such as NFTs, skins, characters, or land that can be traded, used across multiple games, or even generate passive income. For example, a player who owns a rare NFT sword in one Web3 game might use it in another metaverse environment or rent it out to other players. This concept of true digital property rights resonates strongly in India, where rising internet penetration and youth demographics are fueling demand for new forms of digital identity and expression. ### **Why India is a Hotbed for Web3 Gaming** India’s unique blend of demographics and technology adoption makes it one of the most promising markets for Web3 gaming: - **Massive Youth Population**: With over 500 million gamers, most under 25, India has one of the largest gaming communities globally. - **Crypto Awareness**: Despite regulatory uncertainties, India has one of the fastest-growing crypto user bases in the world. - **Affordable Smartphones & Data**: Cheap mobile internet ensures accessibility for Web3 games, many of which are designed with mobile-first strategies. - **Cultural Openness to New Economies**: Fantasy sports platforms like Dream11 and MPL have already familiarized users with the concept of earning through gaming. Web3 is the next natural step. ### **Challenges and Opportunities** The path to mainstream adoption isn’t without hurdles. Regulatory clarity around crypto assets, high transaction fees on some blockchains, and the need for user-friendly onboarding remain key challenges. Yet, projects are innovating with **gasless transactions, localized narratives, and India-specific game designs** to overcome these barriers. If executed well, play-to-own ecosystems could transform Indian gamers from passive consumers into active stakeholders. Instead of just playing a game, they could co-create its economy, influence governance through DAOs, and monetize their time in a sustainable manner. ### **The Road Ahead** Web3 gaming in India is still in its early innings, but the evolution from P2E to P2O signals a healthier, more engaging future. As developers focus on building fun-first experiences with robust ownership mechanics, India could emerge as a global hub for next-gen gaming. In the coming years, the line between gaming, socializing, and investing may blur entirely—ushering in a new digital culture powered by Web3. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Beware of Fake Websites: Protect Your Crypto with Unocoin](https://blog.unocoin.com/beware-of-fake-websites-protect-your-crypto-with-unocoin/) **Published:** August 20, 2025 **Author:** Unocoin Growth **Content:** In today’s rapidly evolving digital economy, security is more crucial than ever. With cryptocurrency adoption surging across India and globally, scammers are constantly trying to exploit the trust of investors. Recently, multiple fake websites and domains have surfaced, impersonating **Unocoin**, India’s first and most trusted Bitcoin and cryptocurrency trading platform. These fraudulent sites are designed to trick users into sharing their login details, OTPs, or even transferring funds directly — putting your hard-earned money and personal information at serious risk. At Unocoin, the safety of our users has always been the top priority. We want to make sure you are aware of these threats and know exactly how to identify and avoid them. ## **How Fake Websites Work** Scammers create look-alike domains such as **unocoinIndia.com** or **unocoin1.com**, which may appear legitimate at first glance. They often promote these sites through: - Fake advertisements on search engines or social media. - Phishing emails or text messages that look like official Unocoin communication. - Telegram groups, WhatsApp forwards, or fake customer support numbers. Once users land on these fake sites, they are tricked into entering sensitive details such as passwords, OTPs, or private wallet keys. In some cases, these fraudulent portals may even mimic the Unocoin trading interface to make the scam appear genuine. ## **How to Stay Safe** Here are a few key steps every user should follow to protect themselves from these malicious attempts: **Use only official Unocoin channels** - Website:[ www.unocoin.com](https://www.unocoin.com) - Verified Mobile App: Available on **Play Store** & **App Store - Verified Social Media: Always look for the official **@Unocoin** handles ❌ **Do not click on unknown links Avoid links sent through unsolicited emails, random ads, or forwarded messages. These are the most common traps set by scammers. **Some of the examples of fake websites:** [![FAKE unocoin profiles](https://blog.unocoin.com/wp-content/uploads/2025/08/FAKE-unocoin-rpofiles-scaled-e1755687326309-1024x407.png "FAKE unocoin profiles | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/08/FAKE-unocoin-rpofiles-scaled.png)FAKE unocoin profiles❌ **Never share sensitive information Unocoin will **never** ask you for OTPs, passwords, or private keys. If someone claiming to be Unocoin requests this information, it is a scam. ## **Why This Matters** The crypto ecosystem is built on trust, transparency, and security. Fake websites not only put your personal funds at risk but also threaten the credibility of the entire industry. By staying vigilant and using only official channels, you help strengthen the safety of India’s crypto community. ## **Unocoin’s Commitment to Security** Since 2013, Unocoin has been committed to providing a **secure, transparent, and user-friendly platform** for crypto trading. We continue to implement the highest security standards, including: - Two-Factor Authentication (2FA) - Cold wallet storage for maximum fund safety - Regular monitoring and detection of fake websites - User education on crypto safety But true security is a shared responsibility — and your awareness is the strongest shield against fraud. ## **Final Word** As India’s crypto community grows, scams and impersonation attempts will unfortunately continue. But together, we can stop them. Bookmark[ www.unocoin.com](http://www.unocoin.com), download only the official Unocoin app, and ignore fake websites like unocoinIndia.com or unocoin1.com. Your security is our priority. Stay alert. Stay safe. Trade confidently with Unocoin Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Unocoin --- ### [RWA Tokenization Boom Gold, Real Estate, and Bonds Come On-Chain](https://blog.unocoin.com/rwa-tokenization-boom-gold-real-estate-and-bonds-come-on-chain/) **Published:** August 19, 2025 **Author:** Unocoin Growth **Content:** In the rapidly evolving world of blockchain, one trend stands out as both revolutionary and practical—Real World Asset (RWA) tokenisation. By bringing tangible assets like gold, real estate, and bonds onto the blockchain, tokenisation is unlocking liquidity, improving transparency, and reshaping how traditional markets operate. From Mumbai to Manhattan, the movement is gaining global momentum. ### **What is RWA Tokenisation?** RWA tokenisation involves representing physical or traditional financial assets as digital tokens on a blockchain. Each token corresponds to a fraction of the asset’s value, enabling fractional ownership and easy transferability. Whether it’s owning 0.01 grams of gold or a share of a high-value property, tokenisation makes previously illiquid investments accessible to anyone with an internet connection. ### **Gold: The Gateway Asset** Gold has long been a trusted store of value, especially in India. Tokenised gold platforms now allow investors to buy, sell, and transfer digital gold 24/7, without worrying about storage or purity checks. These tokens are typically backed by physical reserves stored in secure vaults and verified regularly. Globally, this innovation has brought gold into DeFi, enabling it to be used as collateral for loans or traded across platforms seamlessly. ### **Real Estate: Breaking the Illiquidity Barrier** Traditional real estate investment demands large capital, paperwork, and often months to execute a sale. Tokenisation changes that. In India, real estate developers and fintech platforms are experimenting with blockchain-based property sales, allowing investors to buy fractional shares in commercial or residential projects. Globally, real estate tokenisation is opening access to prime markets like London and Dubai, enabling small investors to participate in properties previously reserved for institutional buyers. ### **Bonds: Modernising Debt Markets** Tokenising bonds—whether government or corporate—streamlines issuance, trading, and settlement. In India, regulators are exploring blockchain-based bond platforms to reduce settlement times from days to minutes. Internationally, several governments have issued sovereign bonds on-chain, allowing for real-time tracking, reduced counterparty risk, and more efficient coupon payments. ### **Why India is Poised for Growth** India’s strong gold culture, booming real estate market, and rapidly digitising financial infrastructure make it an ideal ground for RWA adoption. The rise of **Digital Rupee (CBDC)** pilots could integrate seamlessly with tokenised asset platforms, simplifying on-chain transactions for retail and institutional users alike. ### **Global Implications** On a global scale, tokenised RWAs are bridging the gap between traditional finance (TradFi) and decentralised finance (DeFi). Institutional players—from BlackRock to central banks—are experimenting with tokenised funds, commodities, and fixed-income products. This convergence is expected to boost cross-border trade, reduce transaction costs, and enhance liquidity in global markets. ### **The Road Ahead** While regulatory clarity remains essential, the momentum is undeniable. Tokenisation has the potential to make investing as easy as sending an email—offering speed, security, and inclusivity. In the next decade, we may see trillions of dollars worth of assets represented as blockchain tokens, fundamentally transforming how the world invests and trades. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** RWA token --- ### [Paper Wallet Private Key: Guide for Secure Crypto Storage](https://blog.unocoin.com/paper-wallet-private-key/) **Published:** August 13, 2025 **Author:** Unocoin Growth **Content:** In the world of cryptocurrency, security is everything. While most people store their crypto in online wallets, there’s an even more secure method — the paper wallet. At the heart of it is your private key, which gives you full control over your funds. In this guide, we’ll explain what a paper wallet private key is, why it’s important, and how you can create one safely with [Unocoin’s Paper Wallet service](https://unocoin.com/in/more/paper-wallet). **What is a Paper Wallet?** A paper wallet is an offline method of storing cryptocurrency. Instead of keeping your private keys in an app or on a device connected to the internet, you print them on paper. This makes them immune to online hacking, phishing, and malware attacks. **What is a Private Key in a Paper Wallet?** Your private key is a unique string of letters and numbers that allows you to access and spend your crypto. In a paper wallet, this private key is printed physically — often alongside a QR code for easy scanning. **Key points about private keys:** - They are like your bank account password — anyone with your private key can access your funds. - You must keep it secret and never share it online. - Losing your private key means losing access to your crypto permanently. **Benefits of Using a Paper Wallet Private Key** 1. **Offline security** — immune to hackers 2. **Full control** — no third-party custody 3. **Cost-effective** — no hardware device needed 4. **Long-term storage** — perfect for HODLers **How to Create a Paper Wallet with Unocoin** Unocoin makes creating a paper wallet simple and secure. Here’s how: 1. **Log in** to your Unocoin account → New users can [sign up here](https://unocoin.com/in/home?type=login). 2. **Go to the Paper Wallet section** in your account dashboard. 3. **Generate your wallet** — the system will create a public key (for receiving crypto) and a private key (for spending crypto). 4. **Download & Print** your wallet on paper. 5. **Store it safely** — in a safe deposit box, vault, or other secure location. **Why Choose Unocoin’s Paper Wallet Service?** - **Secure offline generation** of private keys - **No exposure to online threats** during creation - **Easy for beginners** and advanced users - **Trusted since 2013** in the Indian crypto market **Final Thoughts** If you value long-term security and complete control over your crypto, a paper wallet private key is a powerful option. With Unocoin’s Paper Wallet service, you can create and store your private keys offline — giving you peace of mind in an increasingly digital world. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research) **Categories:** Blog, Featured **Tags:** Cold Storage, Paper wallet, Secure crypto Storage --- ### [How Optimism, Base, and Arbitrum Are Scaling Ethereum](https://blog.unocoin.com/how-optimism-base-and-arbitrum-are-scaling-ethereum/) **Published:** August 12, 2025 **Author:** Unocoin Growth **Content:** Ethereum remains the backbone of decentralised finance, NFTs, and countless blockchain applications. But as its adoption surged, so did its problems—most notably **network congestion and high gas fees**. The answer? **Layer-2 (L2) scaling solutions**—networks built on top of Ethereum that handle transactions more efficiently while leveraging Ethereum’s security. Among the most promising players are **Optimism, Base, and Arbitrum**. ### **Why Layer-2s Matter** Ethereum’s Layer-1 can process roughly 15 transactions per second (TPS). While Ethereum 2.0’s upgrades help, they can’t instantly handle the demands of millions of users. Layer-2s act like express lanes: they execute transactions off-chain, bundle them, and settle them back on Ethereum. This drastically reduces congestion and costs without compromising security. ### **Optimism: The Pioneer of Optimistic Rollups** **Optimism** is one of the first major networks to popularise **Optimistic Rollups**, a technique that assumes transactions are valid by default but allows a dispute period for verification. This approach delivers **faster speeds and cheaper fees**—often cutting gas costs by over 90%. Optimism also plays a crucial role in Ethereum’s “superchain” vision, aiming to interconnect multiple L2S for a seamless user experience. With growing DeFi adoption and integration into major exchanges, Optimism is solidifying its role as a key Ethereum scaling pillar. ### **Base: Coinbase’s Gateway to Web3** **Base**, launched by Coinbase, is also built on the Optimism tech stack but focuses on **onboarding the next wave of users**. As a product from one of the largest crypto exchanges, Base offers easy fiat on-ramps, institutional trust, and direct integration with Coinbase’s ecosystem. This makes it a natural bridge for newcomers moving from centralised exchanges into decentralised applications. Base has already attracted meme coins, NFT projects, and DeFi protocols, becoming one of the fastest-growing L2 ecosystems in 2025. ### **Arbitrum: Scaling Through Innovation** **Arbitrum** has carved out a strong niche as the **largest Layer-2 by total value locked (TVL)**. Its technology also uses Optimistic Rollups but emphasises **developer flexibility and compatibility** with Ethereum’s tooling. This makes it easy for projects to migrate from Layer-1 without rewriting code. Arbitrum’s Nitro upgrade boosted transaction throughput and reduced fees further, positioning it as a favourite for DeFi heavyweights and gaming projects alike. ### **Beyond Speed and Cost** While cost reduction and faster speeds are the obvious benefits, Layer-2s are also **expanding Ethereum’s design space**. They enable microtransactions, on-chain gaming, and real-time payments that would be impractical on Layer-1 due to fees. Moreover, by easing network load, L2s indirectly improve Ethereum’s environmental footprint and sustainability. ### **The Road Ahead** The competition among Layer-2s isn’t a zero-sum game. Optimism’s superchain vision, Base’s mass adoption push, and Arbitrum’s developer-first approach can coexist, serving different user segments. As Ethereum adoption continues, Layer-2s will be instrumental in making blockchain technology as seamless as the web—and perhaps even more secure. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Ethereum, layer 2 --- ### [Memecoin Mania: SHIB, DOGE, and Beyond – Are They Here to Stay or Fizzle Out in Q3?](https://blog.unocoin.com/memecoin-mania-shib-doge-and-beyond-are-they-here-to-stay-or-fizzle-out-in-q3/) **Published:** August 11, 2025 **Author:** Unocoin Growth **Content:** The memecoin market has always been a curious blend of humor, speculation, and community-driven hype. In Q3 2025, the conversation once again circles back to its two biggest stars—**Dogecoin (DOGE)** and **Shiba Inu (SHIB)**—while new challengers prepare to grab their share of the spotlight. ### **The State of the Giants** Dogecoin, born as a joke in 2013, now trades around **$0.23 (₹19.25)**, with relatively stable intraday movements. Despite its origins, it enjoys a level of brand recognition in crypto that many serious projects envy. Its low fees, active community, and occasional celebrity endorsements keep it relevant, even when market excitement cools. Shiba Inu, often called the “DOGE killer,” is trading near **₹1.13 per 1,000 tokens**. While it too is largely driven by community sentiment, SHIB has expanded its ambitions—rolling out the Shibarium Layer-2 network, experimenting with NFT projects, and implementing token burn mechanisms to gradually reduce supply. This development angle has given SHIB a slightly more “serious” narrative than its canine cousin. ### **Market Sentiment in Q3** Memecoins thrive on attention. As of early August, search trends and trading volumes have softened compared to the frenzy earlier in the year. Both DOGE and SHIB have faced notable monthly pullbacks, showing that without a catalyst—such as a viral campaign, influential endorsement, or broader crypto rally—price action tends to flatten. However, on-chain data suggests whales have been quietly accumulating SHIB and DOGE during dips. This could be strategic positioning for a Q4 rally if broader market conditions turn bullish. ### **The New Meme Contenders** While DOGE and SHIB dominate headlines, a fresh wave of meme tokens is emerging with more than just internet jokes to their name. **Little Pepe (LILPEPE)**, for example, has captured investor interest with its presale crossing $13 million, an EVM-compatible Layer-2 blockchain, and a zero-tax trading model. These features hint at a new generation of memecoins that blend viral culture with real utility—something DOGE and SHIB have only partially embraced. Other tokens like Bonk, [Floki](https://blog.unocoin.com/how-to-buy-floki-inu-coin-in-india/), and BabyDoge are also carving niches, often targeting specific ecosystems like Solana or leveraging gamified staking models to retain holders. ### **Here to Stay or Ready to Fade?** The answer may not be one-size-fits-all. DOGE’s cultural relevance and brand recognition make it resilient—even in bearish phases—though its lack of staking or utility puts a ceiling on long-term growth without fresh use cases. SHIB’s evolving ecosystem could give it a longer runway if developers maintain momentum and successfully integrate DeFi, NFTs, and gaming applications. For the newcomers, survival depends on community strength and real-world utility. Pure meme appeal may still launch a token into short-term stardom, but in 2025’s maturing crypto market, sustainability is increasingly tied to tangible product offerings. ### **Final Take** As Q3 unfolds, memecoins are unlikely to disappear—but the market may split into two camps: legacy names like DOGE and SHIB that continue to trade on reputation and loyalty, and innovative new entrants combining meme magic with actual blockchain solutions. The next big memecoin rally will likely belong to those who can master both. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Doge, MEMECOINS, Shiba --- ### [The Best Meme Coins of 2024](https://blog.unocoin.com/the-best-meme-coins-of-2024/) **Published:** May 29, 2024 **Author:** Unocoin Growth **Content:** Memecoins have carved out a unique niche in the cryptocurrency market, characterized by their community-driven nature, viral marketing, and often whimsical origins. Since 2024, several meme coins have come to the fore, each with a distinct story and sequel. Here is an overview of the best meme coins of 2024 1. [ Dogecoin (DOGE)](https://unocoin.com/in/exchange/inr/doge) **Market Cap: Approximately $10 billion** Dogecoin remains the most famous and widespread memecoin. Originally created as a joke in 2013, Dogecoin has developed a strong community and widespread recognition, thanks in part to support from high-profile individuals such as Elon Musk. It is often used for tips, charitable donations and micropayments. 2. [ Shiba Inu (SHIB)](https://unocoin.com/in/exchange/inr/shib) **Market Cap: Approximately $6 billion** Shiba Inu, often dubbed the “dogecoin killer”, has built a robust ecosystem that includes ShibaSwap, a decentralized exchange. The community is highly active and the project has made headlines thanks to strategic partnerships and significant token burns that help reduce supply and potentially increase value. 3. [ Floki Inu (FLOKI)](https://unocoin.com/in/exchange/inr/floki) **Market Cap: Approximately $1.2 billion** Floki Inu, inspired by Elon Musk’s dog, gained attention through extensive marketing campaigns and community involvement. The project expanded its utility by launching a DeFi platform, increasing its appeal beyond just a meme. [Buy Floki Inu](https://blog.unocoin.com/how-to-buy-floki-inu-coin-in-india/) 4. [ Pepe (PEPE)](https://unocoin.com/in/exchange/inr/pepe) **Market cap: About $800 million** Named after a popular internet meme character, Pepe has captured the attention of the meme-loving community. Despite the recent slight decline, it continues to maintain a solid user base and active trading volume, indicating a resilient presence in the memecoin market. 5. [ Dogwifhat (WIF)](https://unocoin.com/in/exchange/inr/wif) **Market Cap: About $500 million** A newcomer to the meme coin space, Dogewifhat has quickly gained attention thanks to his clever branding and social media campaigns. A recent listing on a major exchange has greatly boosted its visibility and market capitalization, making it a meme coin in 2024. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** Cryptocurrency, Doge coin, Dogewifhat, Meme Coins 2024, pepe, Shiba Inu, Top Meme Coins --- ### [Listing announcement of meme token Floki & Pepe on unocoin](https://blog.unocoin.com/listing-announcement-of-meme-token-floki-pepe-on-unocoin/) **Published:** May 12, 2023 **Author:** Unocoin Growth **Content:** Exciting news! Unocoin is pleased to announce the launch of two highly anticipated meme coins, **[Floki Inu](https://blog.unocoin.com/how-to-buy-floki-inu-coin-in-india/) and Pepe**, now available for trading on our platform. Easily buy, sell, hold and trade your favourite memes. Join us today and enjoy the fun of meme-inspired cryptocurrency trading on Unocoin! Want to learn more about the Pepe and Floki? Immerse yourself in the fascinating world of meme-inspired cryptocurrencies and explore the intricacies. ## **Floki Token: From meme-coin to Web3 project** Floki Token, formerly known as Floki Inu, started as a meme-coin based on Elon Musk’s dog but has since evolved into a full-fledged web3 project. Running on Ethereum and the Binance Smart Chain (BSC), Floki Token aims to be a “people’s cryptocurrency” by combining Decentralised Finance (DeFi), Non-Fungible Tokens (NFT) and Metaverse. ### **Multi-Chain Token:** FLOKI functions as an ERC-20 and BEP-20-compliant token, allowing easy bridging between the Ethereum and BSC blockchains for storage and transactions. ### **Tax mechanism:** FLOKI imposes a 3% tax on purchases and sales, which goes into Floki Inu’s coffers for ecosystem development. The White Paper mentions a possible reduction in the tax once the Treasury accumulates enough funds, but no specifics are given. ### **History and Rebranding:** Originally inspired by an Elon Musk tweet, the project has transitioned from a dog-themed meme-coin to a broader web3 initiative. The team renamed themselves Floki to create utility and engage in charitable initiatives. ### **Pillars of the Floki Project:** Floki emphasises meme status, utility, and charity. They predict that they will become the most widely used cryptocurrency worldwide. Utilities include projects like Valhalla (gaming meta version of NFT) and FlokiFi (DeFi suite). The team also aims to positively impact the world through charity, focusing on establishing schools in underdeveloped countries. ### **Floki’s Ecosystem:** Valhalla offers an NFT game where players earn FLOKI tokens. FlokiFi introduces innovative DeFi products, including a digital asset security protocol. FlokiPlaces is an upcoming NFT and goods marketplace that builds Floki as a payment alternative. Floki University provides free cryptography education. ### **Pros and Cons:** Benefits include multi-chain compatibility, diverse product offerings, reputable partnerships, and support for charitable initiatives. However, disadvantages include the influence of influencers such as Elon Musk, high circulating supply leading to low token prices, a mandatory 3% tax, limited adoption outside the Floki ecosystem, and an anonymous accountability team. Overall, Floki Token is a meme-coin web3 project with ambitious goals and a number of planned initiatives involving DeFi, NFT and Metaverse. ## **Pepe Coin: Memecoin on the Ethereum blockchain** Pepe Coin ($PEPE) is a popular memecoin that runs on the Ethereum blockchain. Since its launch in April 2023, Pepe Coin has made a significant impact and quickly climbed the rankings to become one of the top 50 most traded cryptocurrencies. ### **Rapid rise and volatility:** Pepe Coin reached a market capitalization of over $1 billion in just three weeks since its public launch, outpacing the growth of other memecoins such as DOGE. However, the price of $PEPE has been highly volatile and has seen significant swings. Despite its entertainment-oriented intentions, Pepe Coin has gained significant investor interest and has been listed on major exchanges such as Bybit, Gemini, and Binance. ### **Tokenomics and Mechanisms:** With a maximum supply of 420,690,000,000 tokens, Pepe Coin uses a deflation mechanism where a small percentage of tokens are burned with each transaction, creating scarcity. In addition, a redistribution system is implemented that allocates a portion of each transaction to existing token holders, promoting user engagement and long-term investment. ### **Buying $PEPE:** To get Pepe Coin, login to your unocoin exchange and start exploring for pepe coin https://unocoin.com/in/exchange/inr/pepe ### **Possible risks:** Investing in Pepe Coin carries risks due to the presence of a small number of large token holders, known as investment whales, whose trading activities can cause sudden price fluctuations. ### **Plans for the future:** Pepe Coin’s unofficial plan involves three phases. The initial phase focused on launching and promoting the coin on Twitter. The second phase involves creating community partnerships and securing listings on centralised Tier 1 cryptocurrency exchanges (CEXes). The third phase aims to establish Pepe Academy and promote Pepe merchandise. ### **History of Pepe the Frog:** Pepe the Frog originated as a cartoon character created by artist Matt Furie for his comic book “Boy’s Club” in 2005. He gained popularity as an internet meme but was co-opted by various online communities to spread hate speech during the 2016 US presidential election and racist ideologies. Matt Furie has teamed up with the Anti-Defamation League (ADL) to regain positive context for the character through initiatives such as the “Save Pepe” campaign. While Furie retains the legal rights to his creation, he does not appear to be actively pursuing copyright claims against Pepe Coin’s creators. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, floki, meme, pepe, Unocoin --- ### [Know your Shiba inu : Price Predictions, History, Analysis & Uses of Shiba Inu](https://blog.unocoin.com/know-your-shiba-inu-price-predictions-history-analysis-uses-of-shiba-inu/) **Published:** May 24, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Shiba Inu (SHIB) is a digital currency that has received a lot of attention in recent years. This article will explore the value, history, analysis, and uses of Shiba Inu. ## **Shiba Inu History:** [Shiba Inu](https://blog.unocoin.com/how-to-buy-shiba-inu-in-india/) was launched in August 2020 as an experiment in decentralized community building. It is inspired by the popular Dogecoin and has a Shiba Inu dog as its mascot. Shiba Inu quickly gained traction thanks to a meme-based brand and a passionate online community. ## **Estimated price:** It should be noted that the cryptocurrency market is highly volatile and unpredictable. While some analysts believe Shiba Inu has future growth potential, it is important to do thorough research and exercise caution when making investment decisions. ## **Market analysis:** Shiba Inu has experienced significant price fluctuations since its inception. It attracted the attention of the crypto market bulls in early 2021 but then faced a period of consolidation. Market analysis involves studying various factors such as market sentiment, trading volume, and projected growth to understand Shiba Inu’s future performance. ## **Use the Shiba Inu situation:** **a. Meme Currency:** Shiba Inu started as a meme currency and became popular among the internet community. The primary use case revolves around ShibaSwap, a decentralized exchange where users can trade and provide liquidity to earn rewards. 1. **Decentralized Society:** Shiba Inu aims to create a decentralized society that actively participates in management decisions. It encourages public participation through initiatives such as the Shiba Inu Bone Token, which allows owners to vote on proposals and determine the future of the project. 2. **Charitable initiatives:** The Shiba Inu community has organized charitable activities such as fundraising for COVID-19 relief and donations to animal rescue organizations. This initiative demonstrates the community’s desire to make a positive impact beyond the realm of cryptocurrency. ## **Risks and Considerations:** Investing in Shiba Inu, like any cryptocurrency, involves risk. It is important to consider factors such as market changes, regulatory developments, project updates, and potential competition. In addition, conducting thorough research and diversifying your investment portfolio are important risk management strategies. ### **Conclusion:** Shiba Inu has emerged as an interesting cryptocurrency project, attracting the attention of crypto enthusiasts and fans of meme culture. Although the estimated price of a Shiba Inu can vary, it is important to approach any investment decision with caution and make an informed decision. Understanding the history, analysis, and usage of Shiba Inu can help investors gain a comprehensive understanding of this meme-based cryptocurrency. Remember to be informed, do your due diligence, and consult with financial professionals before making any investment decisions in the cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Shib, Shiba Inu, Unocoin --- ### [Shiba Inu Price Prediction Can SHIB Hit $0.00004 in 2024?](https://blog.unocoin.com/shiba-inu-price-prediction-can-shib-hit-0-00004-in-2024/) **Published:** October 23, 2024 **Author:** Unocoin Growth **Content:** Shiba Inu (SHIB), a popular meme-inspired cryptocurrency, has been on an exciting journey since its inception. In 2024, the Shiba Inu is set for more volatility and potential upside as bullish momentum builds. With its current price around $0.0000189 and rapidly evolving market conditions, the question is whether SHIB can reach $0.00004 by the end of 2024. Let’s take a look at the key factors affecting SHIB’s price and its future outlook. The current state of the Shiba Inu market As of October 2024, Shiba Inu is trading at $0.0000189, up 65% in the last week. Despite a slight decline of 3.4% over the past 24 hours, market sentiment remains positive, with 86% of traders expressing bullish views. The enthusiasm comes after SHIB has struggled in recent months, consolidating in a tight range and facing selling pressure. However, recent [shiba inu buy](https://blog.unocoin.com/how-to-buy-shiba-inu-in-india/) interest, particularly from larger investors, has contributed to renewed optimism. Top Meme Coins One of the challenges Shiba Inu has faced is low trading volume, which has remained below $350 million since the beginning of the month. Despite this, Shiba Inu has shown resilience by holding price support levels, and analysts believe that with enough upside momentum, the token may break through its immediate resistance level. **Key technical indicators:** Technical analysis of the Shiba Inu reveals a mix of opportunities and challenges. The price tested the 200-day moving average several times but was rejected, indicating strong resistance from bearish forces. However, the Relative Strength Index (RSI) remains above 50, signalling that there is still room for growth. Additionally, The Shiba Inu price is forming an ascending parallel channel and any break above the current resistance zone around $0.00002 could trigger a stronger uptrend. **The Moving Average Convergence Divergence** (MACD) has also shown bullish signals that may support the SHIB price in reaching new highs in the coming weeks. Should the token break its immediate resistance, the next target lies at $0.000022, followed by a significant level of $0.000025. **SHIB Price Prediction for 2024** Looking ahead, the [Shiba Inu price](https://unocoin.com/in/exchange/inr/shib) is expected to continue to rise, with analysts predicting a potential price range of $0.00002 to $0.00004 by the end of 2024. The bullish momentum seen this year suggests that SHIB could see significant growth, especially if the development of its ecosystem like Shibarium would solve some of the problems they faced in the previous months. Shibarium, the Shiba Inu layer 2 blockchain solution, has had a rocky start, but its success could play a major role in driving up the price. Whale activity and increased activity on the chain are also crucial factors that could push SHIB’s value to new heights. Future outlook for the Shiba Inu Despite selling pressure and limited volume, Shiba Inu’s technical indicators and sentiment suggest it could maintain its upward trajectory. The surge in whale activity and continued development in the Shiba Inu ecosystem signal that the token has strong support moving forward. If the overall crypto market remains favourable and SHIB’s uptrend continues, the price may exceed $0.00004 in 2024. However, it is important to note that the cryptocurrency market remains highly volatile, and while the outlook for SHIB is positive, investors should remain cautious and closely monitor key developments. In conclusion, Shiba Inu is on a promising path, and while it may encounter some bearish resistance along the way, the possibility of reaching $0.00004 by 2024 remains realistic given current market conditions and technical factors. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** crypto 2024, Shiba Inu, Shiba Inu Analysis --- ### [ETH vs SOL vs TON: The Smart Contract Race](https://blog.unocoin.com/eth-vs-sol-vs-ton-the-smart-contract-race/) **Published:** August 7, 2025 **Author:** Unocoin Growth **Content:** The race for smart contract dominance is no longer a two-horse sprint. While Ethereum (ETH) has long held the crown, Solana (SOL) and The Open Network (TON) are pushing hard with innovations in speed, scalability, and cost efficiency. Each chain offers a distinct blend of developer resources, throughput, and fees—making the choice a strategic decision for builders. ### **Developer Activity & Ecosystem Size** **Ethereum** remains the benchmark for developer activity and ecosystem maturity. With tens of thousands of dApps, billions of transactions processed, and the largest total value locked in decentralised finance, Ethereum’s first-mover advantage is unmatched. It has a deep pool of developer tools, established standards like ERC-20 and ERC-721, and an active governance community. However, its size comes with complexity—many smart contracts depend on a handful of major deployers, highlighting both the scale and the central points of reliance. **Solana** may not match Ethereum’s sheer numbers, but its growth trajectory is impressive. Developers are drawn to its performance-focused architecture, which allows for fast execution and low on-chain data costs. While Solana has faced occasional network outages during high-demand periods, its community has been quick to address performance bottlenecks. This agility has made it a favourite for NFT drops, gaming projects, and DeFi protocols requiring rapid transaction finality. **TON**, the youngest of the three, was born from a vision linked to Telegram’s vast user base. With its native wallet embedded in one of the world’s most widely used messaging apps, TON offers a seamless user onboarding experience. Its smart contract environment supports multiple languages and includes advanced verification tools to enhance security. While its ecosystem is still developing, TON’s deep integration with a consumer platform gives it a unique advantage for mainstream adoption. ### **Throughput (TPS) & Scalability** **Ethereum** has improved since its shift to proof-of-stake, but its base-layer throughput remains modest—generally in the tens of transactions per second. Layer 2 scaling solutions and upgrades like Proto-Danksharding aim to lift these numbers, but at the core layer, ETH prioritises decentralisation and security over raw speed. **Solana** was designed from the ground up for performance. By combining proof-of-stake with a Proof-of-History mechanism, it can process thousands of transactions per second in real-world conditions and scale toward tens of thousands theoretically. This high throughput supports complex dApps that need near-instant confirmation. **TON** takes a different approach with dynamic sharding. Its architecture splits the blockchain into multiple shard chains coordinated by a master chain, enabling the network to scale horizontally. This means performance can grow alongside network demand, keeping transaction processing fast even as adoption rises. ### **Fees & Cost Efficiency** Ethereum’s transaction fees can still spike during periods of congestion, making small-value transfers costly. Solana, on the other hand, delivers extremely low fees, often just fractions of a cent, which makes it ideal for microtransactions and high-frequency activity. TON matches this low-fee profile, with costs typically around a cent or less, appealing to developers building consumer apps, micropayment systems, or chat-based services. ### **The Bottom Line** Ethereum offers unmatched developer depth, security, and network effects. Solana leads in speed and ultra-low costs. TON is carving a niche in consumer-focused blockchain applications with its scalable sharding and seamless integration into popular platforms. The “winner” depends on the builder’s priorities—maturity and tooling, raw performance, or mass-market accessibility. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Defi, Eth, Smart Contracts, sol, Ton --- ### [Why Solana, XRP, and Memecoins Are Leading the August Rally?](https://blog.unocoin.com/why-solana-xrp-and-memecoins-are-leading-the-august-rally/) **Published:** August 4, 2025 **Author:** Unocoin Growth **Content:** As Bitcoin crossed the ₹1 crore mark in mid-2025, the ripple effects were immediately felt across the altcoin market. While BTC remains the anchor of the crypto ecosystem, August has firmly become the month of altcoin resurgence—with Solana, XRP, and top memecoins like Dogecoin and Shiba Inu leading the charge. ### **Solana’s DePIN-Driven Momentum** Solana (SOL) has been the star performer of August so far, recently crossing ₹15,000 with a weekly gain of over 20%. Its explosive growth is not just hype—it’s backed by solid fundamentals. The Solana ecosystem has seen a boom in **DePIN (Decentralized Physical Infrastructure Networks)** applications like Helium and Render, which are leveraging its low-cost, high-speed blockchain to tokenize real-world infrastructure. Coupled with the rise in NFT volumes and the expansion of Solana-based memecoins such as Bonk and WEN, SOL is experiencing a powerful comeback after a subdued Q2. Institutional interest is also on the rise. Multiple funds in Asia and Europe have begun increasing their exposure to Solana-based projects, recognizing its scalability and low fees as advantages over Ethereum. This blend of technical strength, ecosystem growth, and narrative appeal makes Solana a top contender in the current rally. ### **XRP Rises from the Regulatory Fog** XRP’s resurgence is equally compelling. After a long-drawn legal battle, August brought clarity as the **SEC dropped remaining charges** against Ripple executives, fueling confidence in XRP’s compliance status. The token spiked to over ₹75, its highest since early 2022, following Ripple’s announcement of new pilot programs for cross-border settlements in Asia and the Middle East. Banks in regions like Singapore and UAE are reportedly exploring RippleNet for remittances, indicating growing real-world utility. Unlike other tokens that ride sentiment, XRP’s use case in global payments is solidifying, and institutional confidence is returning. For Indian crypto users seeking a fundamentally strong altcoin with regulatory progress, XRP stands out in the current landscape. ### **Memecoins Still Have Bite** While often dismissed as speculative, memecoins are proving their resilience again. **Dogecoin (DOGE)** surged by 18% this week, partially driven by Elon Musk’s integration of DOGE payments in select X (formerly Twitter) features. Meanwhile, **Shiba Inu (SHIB)** jumped over 25% after launching its new Layer-2 chain, Shibarium 2.0, which significantly reduces gas fees and transaction time. In India, memecoins remain popular due to their affordability and viral appeal. TikTok influencers and meme creators have played a massive role in reviving retail interest in these coins, especially among Gen Z investors. With low entry prices and high community engagement, memecoins continue to capture headlines and user attention alike. ### **Final Thoughts** The August altcoin rally reflects a maturing market that’s learning to move beyond Bitcoin. From Solana’s real-world infrastructure integration to XRP’s regulatory clarity and memecoins’ social momentum, altcoins are carving distinct identities and use cases. For Indian investors, 2025 could mark the beginning of a diversified bull run—where BTC is the anchor, but altcoins sail the fastest. **Stay updated, stay secure—trade the best altcoins with Unocoin.** Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [How to Buy Floki Inu Coin in India (2025 Guide)](https://blog.unocoin.com/how-to-buy-floki-inu-coin-in-india/) **Published:** August 4, 2025 **Author:** Unocoin Growth **Content:** **Floki Inu**, the meme coin inspired by Elon Musk’s dog, has made waves in the crypto world. Its growing popularity, strong community, and unique branding make it a top choice for investors looking to explore meme coins in India. But how do you actually buy Floki Inu in India? Let’s break it down. **What is Floki Inu?** Floki Inu is a dog-themed meme cryptocurrency that blends community-driven memes with real-world utility. It’s part of a growing trend of coins gaining traction due to viral support and project innovation, including utility-based features like metaverse integrations and DeFi tools. **Why Are Indians Buying Floki Inu?** - Low entry price with high growth potential - Backed by a passionate global community - Meme coin + utility = strong narrative - Increasing visibility on exchanges **Where to Buy Floki Inu in India?** You can buy Floki Inu from crypto exchanges that support the coin. One of the simplest and most secure options is Unocoin — India’s trusted crypto exchange since 2013. where you can deposit & withdraw Floki coins anytime from one exchange to another. **How to Buy Floki Inu on Unocoin (Step-by-Step)** Buying Floki Inu on Unocoin is simple, fast, and beginner-friendly. Here’s how: 1. [**Log in** to your Unocoin account](https://unocoin.com/in/home?type=login) → If you don’t have one, [sign up](https://unocoin.com/in/home?type=login) in under 2 minutes. 2. **Go to the Exchange tab → Navigate to the Exchange section from the dashboard. 3. **Search for “Floki Inu” → Use the search bar or scroll to find [Floki Inu (FLOKI)](https://unocoin.com/in/exchange/inr/floki). 4. **Click on “Buy” → Enter the amount you want to purchase and hit **Buy**. That’s it! You now own Floki Inu. **Why Choose Unocoin?** - Regulated Indian exchange - INR deposits and withdrawals - Low trading fees - 24×7 support - Trusted by over 2 million users **Final Thoughts** If you’re ready to ride the meme coin wave, Floki Inu might be the one to watch. With Unocoin, the process is smooth, secure, and entirely in INR. Whether you’re new to crypto or an experienced trader, getting started with Floki Inu in India has never been easier. Please find the list of authentic Unocoin accounts for all your queries, links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Disclaimer: Crypto products are unregulated and could be highly volatile. Please be aware of the risks before investing. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research). **Categories:** Development --- ### [Digital INR or USDT: The Future of Currency Just Got Real](https://blog.unocoin.com/digital-inr-or-usdt-the-future-of-currency-just-got-real/) **Published:** August 1, 2025 **Author:** Unocoin Growth **Content:** The world of money is changing—fast. As physical cash becomes less relevant, digital currencies are taking centre stage. In India, this evolution brings two competing visions to the forefront: Digital INR, the Reserve Bank of India’s central bank digital currency (CBDC), and USDT (Tether), a privately issued, dollar-backed stablecoin that dominates global crypto markets. So, which digital currency truly represents the future? #### **What is Digital INR?** Digital INR, or the **e-rupee**, is India’s official CBDC. It’s issued and controlled by the Reserve Bank of India (RBI), and aims to offer a sovereign digital alternative to cash—secured, regulated, and designed for instant settlement. **Key features:** - Backed 1:1 by the RBI - Accessible via selected banks and digital wallets - Ideal for domestic payments, retail, and business use - Real-time settlement and traceability Digital INR aims to modernise India’s monetary infrastructure while giving the government full visibility into money flows—a double-edged sword for those valuing privacy. #### **What is USDT?** **USDT (Tether)** is a stablecoin pegged to the U.S. dollar and widely used in global crypto trading and DeFi platforms. Unlike the Digital INR, USDT isn’t issued by a central bank, but by a private company. Yet, it remains the most traded crypto asset in terms of daily volume—often used to move money across borders, hedge against volatility, and engage with decentralized apps. Key benefits: - Global liquidity and 24/7 transferability - Popular on all major crypto exchanges - Easy bridge between fiat and crypto markets - Crucial for DeFi, NFTs, and blockchain apps USDT’s dominance in crypto markets has made it the go-to digital dollar in regions with unstable currencies—or slow banking systems. #### **Digital INR vs. USDT: A Head-to-Head** **Feature****Digital INR****USDT (Tether)**IssuerReserve Bank of IndiaPrivate company (Tether Ltd.)BackingIndian Rupee (sovereign)U.S. dollar (reserves-based)Use CaseDomestic payments, B2BGlobal transfers, crypto tradingTraceabilityFully traceablePseudonymousRegulationFully regulatedLightly regulated, scrutiny risingBlockchain UsageLimited (currently closed)Active in open ecosystems#### **Why It Matters to Indian Users** For the everyday Indian user, the **Digital INR** could soon become part of everyday transactions—from retail payments to tax refunds. But for those looking to participate in global crypto markets, hedge against currency devaluation, or engage in DeFi and NFTs, **USDT remains indispensable**. Unocoin enables seamless access to both: you can store, send, and receive USDT while staying updated on India’s Digital INR rollout. Whether you’re exploring CBDCs or trading on global platforms, the future is digital—and multi-currency. [Calculate USDT to INR Here](https://unocoin.com/in/USDTtoINR/) ### **Conclusion** The rise of Digital INR and USDT signals a future where currency isn’t just paper or plastic—it’s programmable, borderless, and always-on. One is centralized and sovereign; the other decentralized and global. Rather than one replacing the other, both will likely coexist—serving different needs in India’s fast-evolving digital economy. As money goes digital, choice and awareness become key. At Unocoin, we’re here to help you navigate this new era—securely and seamlessly. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto, Digital INR, Rupee, Usdt --- ### [Altcoin Breakouts: Why 2025 Is the Year of the Altcoin Rally—Post‑Bitcoin Surge](https://blog.unocoin.com/altcoin-breakouts-why-2025-is-the-year-of-the-altcoin-rally-post‑bitcoin-surge/) **Published:** July 30, 2025 **Author:** Unocoin Growth **Content:** With Bitcoin reaching historic highs in early 2025, the spotlight is now shifting to altcoins. Historically, major Bitcoin rallies are followed by explosive movements in the altcoin market—and 2025 is shaping up to be no exception. As capital rotates from BTC into alternative crypto assets, the **Altcoin Season** narrative is gaining strength across communities, charts, and ecosystems. #### **The Post-Bitcoin Surge Cycle** The crypto market follows a rhythm: Bitcoin leads, then Ethereum, followed by a broad altcoin breakout. After Bitcoin’s halving in April 2024, institutional inflows, ETF approvals, and macro hedge positioning pushed BTC past $100K in Q1 2025. As Bitcoin consolidates, risk capital begins moving into altcoins—searching for higher beta and asymmetric returns. This rotation isn’t random—it’s part of the natural evolution of market sentiment. Once BTC’s upside feels limited in the short term, traders and investors hunt for undervalued tokens with utility, innovation, or strong narratives. #### **What’s Fueling the 2025 Altcoin Boom?** 1. **Layer-1 Competition Heats Up Solana, Avalanche, and Near Protocol are seeing increased developer activity, real-world partnerships, and lower fees compared to Ethereum. With mainstream interest in fast, cheap, scalable chains, these L1S are gaining traction fast. 2. **DePIN and AI Tokens Altcoins linked to DePIN (Decentralised Physical Infrastructure Networks) and AI utility are breaking out. Projects like Render (RNDR), Akash Network (AKT), and Ocean Protocol (OCEAN) are leading a new narrative wave. 3. **Memecoins with Community Power DOGE, SHIB, and newer memecoins are showing surprising resilience. What once was speculative humour is now evolving into branded crypto ecosystems with massive retail support and real on-chain usage. 4. **Regulatory Clarity and Institutional Access With clearer frameworks in the U.S., EU, and India, institutions are beginning to explore altcoin exposure through structured products. ETFs, ETPs, and tokenised funds are bridging the gap between traditional finance and altcoins. #### **India’s Altcoin Advantage** India’s young, mobile-first population is one of the most altcoin-curious demographics globally. Unocoin has seen rising volumes in SOL, MATIC, ADA, and XRP, especially as local users explore new opportunities beyond Bitcoin and Ethereum. India also has an edge in building for Web3—developers are contributing to ecosystems like Polygon and Injective, and entrepreneurs are launching DeFi and gaming platforms on altcoin networks. With proper regulatory support, India could become a key driver in the global altcoin surge. #### **What Investors Should Watch** As always, altcoin investing comes with volatility. However, seasoned investors look for these signs before entering: - **Strong on-chain metrics** (wallet growth, TVL, transaction volume) - **Developer activity and ecosystem incentives - **Real-world partnerships and adoption - **Support from exchanges with high liquidity [Unocoin](https://unocoin.com/in) users can track altcoin breakouts via price alerts, curated research, and educational tools available in the app. In this high-opportunity window, education and risk management are key. ### **Conclusion** 2025 is more than just a Bitcoin year—it’s the beginning of a broader altcoin renaissance. From infrastructure plays to memecoins and AI-powered tokens, the crypto market is diversifying rapidly. As capital flows from Bitcoin into high-potential altcoins, smart investors are preparing for the next wave. For Indian users, the altcoin breakout isn’t just global—it’s local, accessible, and full of possibilities. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** 2025 cryptos, Alt season, altcoin, Ethereum --- ### [DePIN to DeFi: Physical Infrastructure Meets Blockchain](https://blog.unocoin.com/depin-to-defi-physical-infrastructure-meets-blockchain/) **Published:** July 28, 2025 **Author:** Unocoin Growth **Content:** As the crypto space matures, a fascinating convergence is underway—Decentralised Physical Infrastructure Networks (DePIN) are integrating with Decentralised Finance (DeFi), unlocking real-world utility in the blockchain world. This fusion marks a pivotal shift where crypto isn’t just digital—it’s embedded in the physical world, from wireless networks to storage and energy grids. #### **What is DePIN?** DePIN refers to blockchain-based systems that incentivise the building and operation of physical infrastructure by individual participants rather than centralised corporations. Think decentralised alternatives to companies like Uber, Amazon Web Services, or even telecom giants—where anyone can contribute hardware (routers, storage, solar panels, etc.) and earn tokens in return. Prominent projects include: - **Helium** – decentralised wireless infrastructure - **Render Network** – GPU computing power sharing - **Filecoin** – decentralised data storage - **HiveMapper** – community-driven mapping using dashcams These networks decentralise critical infrastructure and reward users through token economies, making them more democratic, censorship-resistant, and cost-efficient. #### **Why DePIN Needs DeFi** While DePIN builds real-world systems, DeFi provides the financial plumbing to support them. DeFi protocols offer lending, borrowing, staking, insurance, and liquidity—vital for the growth and sustainability of DePIN ecosystems. For example: - DePIN participants can collateralise their earnings or hardware in DeFi lending markets. - Token incentives from DePIN projects can be staked in DeFi pools for passive income. - Real-world usage data (e.g., solar power generation, data bandwidth) can become on-chain assets, allowing fractional ownership, leasing, or trading. The result? A more composable and liquid economy where physical output feeds financial instruments—creating a closed loop of productivity and reward. #### **India’s Opportunity in DePIN–DeFi Fusion** India, with its vast population, entrepreneurial energy, and digital penetration, is uniquely positioned to benefit from the DePIN x DeFi model: - **Rural connectivity** can be revolutionised with decentralised internet (e.g., Helium-like networks). - **Solar power producers** can tokenise surplus energy and earn on DeFi platforms. - **Data centres and storage hubs** in Tier-2 and Tier-3 cities can earn Filecoin while participating in decentralised cloud networks. By integrating with DeFi, Indian users and developers gain access to global liquidity, capital efficiency, and programmable finance—without needing centralised intermediaries. #### **Challenges and the Road Ahead** The DePIN–DeFi model is still nascent. It faces challenges such as regulatory uncertainty, network coordination, hardware cost, and user education. However, platforms like Unocoin can play a crucial role in bridging the gap—by offering: - Secure wallets to manage DePIN earnings - Easy onramps to stake or lend tokens via DeFi - Educational resources and campaign support to onboard users As trust in decentralised systems grows, we’re heading toward a future where blockchain powers everything from your broadband connection to your local power grid—with finance, access, and ownership embedded by default. ### **Conclusion** The integration of DePIN and DeFi is more than a tech trend—it’s the foundation of a decentralised future. By bridging physical infrastructure with programmable finance, this model empowers users to both build and benefit from the networks they use daily. For India and the global crypto community, this convergence could be the next leap in blockchain utility. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Defi, Depin --- ### [Counting Crypto as Collateral: Fannie Mae’s New Policy Sparks Debate](https://blog.unocoin.com/counting-crypto-as-collateral-fannie-maes-new-policy-sparks-debate/) **Published:** July 26, 2025 **Author:** Unocoin Growth **Content:** In a major development bridging traditional finance and the digital asset world, Fannie Mae—the U.S. government-backed mortgage giant—has announced a new policy that considers crypto holdings as part of borrower eligibility for home loans. This landmark shift has the potential to reshape how digital wealth is recognized in mainstream financial systems and could set a global precedent, especially for crypto-forward economies like India. ### **The Policy at a Glance** Fannie Mae, which backs trillions of dollars in U.S. mortgages, is piloting a policy that allows crypto assets to be included in loan applications as part of a borrower’s financial profile. While crypto won’t replace cash down payments just yet, verified digital holdings can now influence creditworthiness, liquidity assessments, and overall borrower strength. The key requirement? Assets must be held in regulated exchanges or custodians, and verifiable through legitimate statements. This protects lenders while acknowledging crypto’s increasing legitimacy as an asset class. ### **Why This Matters** This is the first time a major housing finance body is recognizing crypto assets as viable financial instruments. In doing so, Fannie Mae is: - **Bridging financial systems**: It narrows the divide between digital assets and legacy banking. - **Legitimizing crypto wealth**: Millions of crypto users, especially long-term holders, now have a pathway to convert digital capital into traditional opportunities like homeownership. - **Encouraging regulated platforms**: The policy nudges users toward KYC-compliant, regulated exchanges, fostering safer crypto adoption. ### **Implications for India** India has over 100 million crypto users, many of whom have generated substantial returns. However, digital assets are often ignored in traditional financial evaluation, limiting their real-world utility. If Indian mortgage and banking institutions follow Fannie Mae’s lead, we could see a seismic shift in: - **Loan eligibility frameworks - **Digital wealth transparency - **Tax and audit practices For example, a crypto-savvy young investor in Mumbai might hold ₹20 lakh worth of Bitcoin or Ethereum but struggle to qualify for a home loan due to a lack of traditional savings or salary slips. A recognition framework could unlock housing finance for this emerging class of digital-native wealth holders. ### **Risks and Realities** While progressive, the policy isn’t without challenges. Crypto remains volatile, and sudden price swings could impact perceived liquidity. To mitigate this, lenders will likely require price averaging, audit trails, and custody verification. Moreover, borrowers must be aware that including crypto in loan applications invites regulatory scrutiny and taxation. In India, where crypto taxation is evolving, this could lead to calls for clearer guidelines on how digital assets are treated in financial reporting. ### **The Bigger Picture** Fannie Mae’s policy is a bold step toward financial modernization, one that could redefine asset qualification across global markets. As digital currencies mature, they are no longer just speculative tools—they are tangible financial instruments with real-world utility. ### **Conclusion** Crypto as collateral is no longer a futuristic concept—it’s happening now. For users, this means their holdings might soon unlock real estate, credit access, and financial empowerment. For institutions, it signals a new era where traditional finance must adapt to blockchain-backed assets. As always, Unocoin is here to keep you informed and ready—because the future of finance is already unfolding. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Strategic Bitcoin Reserves: Governments Join the Race](https://blog.unocoin.com/strategic-bitcoin-reserves-governments-join-the-race/) **Published:** July 24, 2025 **Author:** Unocoin Growth **Content:** As Bitcoin continues to gain legitimacy in global finance, a new trend is quietly unfolding — governments are starting to accumulate Bitcoin as part of their strategic reserves. What was once considered a fringe asset is now being treated as a digital form of gold, offering protection against inflation, currency debasement, and geopolitical instability. ### **The Shift Toward Digital Hard Assets** Historically, central banks and governments have relied on gold and foreign currencies to manage national reserves. However, the digital era is ushering in a paradigm shift. Bitcoin, with its fixed supply of 21 million coins and decentralised nature, is emerging as a hedge against fiat instability. The asset’s deflationary design and borderless nature make it particularly appealing for countries facing sanctions, capital controls, or inflation. In fact, we’re already seeing early signs of this shift. Countries like El Salvador and the Central African Republic have not only adopted Bitcoin as legal tender but have also made state-level purchases of BTC. El Salvador, for example, holds over 5,000 BTC in its national treasury, with plans to accumulate more through innovative programs like “Bitcoin Bonds.” This signals the beginning of a broader trend. ### **Why Are Governments Interested in Bitcoin?** There are multiple strategic reasons why governments might consider holding Bitcoin reserves: 1. **Hedge Against Inflation**: As central banks around the world print more money to manage debt and growth, inflation becomes a looming threat. Bitcoin offers a finite-supply asset that resists inflation by design. 2. **Monetary Sovereignty**: Holding BTC allows countries to bypass the influence of dominant global currencies like the US dollar. This is particularly relevant for nations under sanctions or those seeking financial independence. 3. **Geopolitical Leverage**: In a multipolar world, Bitcoin may serve as a neutral asset not tied to any one country’s policy or economy — much like gold but more portable and verifiable. 4. **Innovation Branding**: Countries investing in Bitcoin signal to the world that they’re forward-thinking and open to blockchain-based innovation. This can help attract tech talent, capital, and crypto-native businesses. ### **Could India Explore Bitcoin Reserves?** India, with its vast IT expertise and growing interest in Web3, stands at a unique crossroads. While the regulatory framework around crypto is still evolving, there is an opportunity for India to explore Bitcoin not as a threat to the rupee, but as a strategic asset class — similar to how countries stockpile oil or gold. A carefully considered allocation of even a fraction of forex reserves into BTC could place India ahead in the digital asset race. Moreover, Indian institutions are beginning to engage with crypto on various levels. If regulatory clarity improves, sovereign-level interest in Bitcoin may not be far behind. Also read: [Top 10 Cryptos to Invest in July 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-july-2025/) ### **Final Thoughts** Bitcoin is no longer just a speculative asset. It’s becoming a part of strategic economic planning for future-ready governments. As fiat systems continue to be tested by inflation, debt, and political uncertainty, Bitcoin’s role in sovereign reserves may grow significantly in the coming decade. Governments that move early will not only gain exposure to a potential reserve-grade asset but will also set the tone for financial innovation. The global Bitcoin race has begun — and the question is, who will lead it? Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Bitcoin Reserves, Btc, Strategic bitcoin reserves --- ### [Unocoin and Lightspark Unlock Real-Time Bitcoin Payments in India](https://blog.unocoin.com/unocoin-and-lightspark-unlock-real-time-bitcoin-payments-in-india/) **Published:** July 17, 2025 **Author:** Unocoin Growth **Content:** Unocoin, India’s pioneering Bitcoin platform, has entered a strategic partnership with Lightspark to introduce real-time Bitcoin transactions powered by the Lightning Network. This collaboration represents a critical advancement in India’s digital asset space—delivering speed, affordability, and seamlessness to everyday Bitcoin payments. ### **Ushering in the Next Phase of Bitcoin Utility** Since its inception in 2013, Unocoin has focused on making Bitcoin accessible to millions of Indian users. With over 2.2 million customers and a decade-long track record, the platform is now expanding its utility beyond investment and trading. By integrating the Bitcoin Lightning Network through Lightspark’s robust infrastructure, Unocoin is enabling a new class of financial experiences built on Bitcoin: instant, always-on, low-cost payments. The Lightning Network, a second-layer protocol built atop Bitcoin’s blockchain, allows for near-instantaneous transactions by processing them off-chain before settling on-chain. This drastically reduces transaction fees and confirmation times, making Bitcoin practical for micro-transactions, daily retail use, and cross-border payments. ### **Why Lightning, Why Now** India is witnessing a sharp rise in crypto adoption, with users increasingly looking for real-world applications beyond speculation. The ability to send and receive Bitcoin in real time addresses a long-standing limitation of the Bitcoin base layer. Whether for remittances, merchant payments, freelance gigs, or small-value peer transfers, the Lightning Network makes Bitcoin behave like digital cash, without delays or high costs. Unocoin’s move to leverage Lightspark’s infrastructure ensures enterprise-grade performance with seamless integration, compliance capabilities, and advanced liquidity management. Lightspark’s full-stack platform also simplifies technical operations, allowing Unocoin to focus on delivering exceptional experiences to its users. ### **Transforming Payments Across Use Cases** This partnership opens up a wide range of possibilities: - **Retail & E-commerce**: Merchants can now accept fast, final Bitcoin payments with minimal overhead. - **Cross-Border Transfers**: Sending Bitcoin from India to other countries becomes near-instant, making remittances smoother and cheaper. - **Content & Gaming Economies**: Lightning unlocks real-time tipping, pay-per-use models, and micro-rewards in digital ecosystems. - **Developer Ecosystem**: Developers building on Unocoin’s infrastructure will benefit from Lightning capabilities, unlocking next-gen apps and use cases. ### **Building the Future of Open Payments** Bitcoin has long been regarded as a store of value and a hedge against inflation. With Lightning integration, it becomes equally viable as a medium of exchange, pushing the boundaries of what’s possible with decentralised finance in India. This partnership is not just about adopting new technology—it’s about redefining how money moves in a digital-first economy. It signals Unocoin’s commitment to leading innovation responsibly, backed by partners like Lightspark, who are building the internet’s foundational money protocol. The future of payments in India is here. It’s global, real-time, and powered by Bitcoin Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Development, Featured --- ### [Tokenizing Real Estate & Gold: The Next Crypto Frontier](https://blog.unocoin.com/tokenizing-real-estate-gold/) **Published:** July 16, 2025 **Author:** Unocoin Growth **Content:** As the world of blockchain evolves, one trend is rapidly gaining traction — tokenising real-world assets (RWAs). From real estate properties to gold bullion, blockchain is enabling investors to access, trade, and fractionalize traditionally illiquid assets with the click of a button. This is not just innovation — it’s a major shift in how we interact with value. And for Indian investors, it could unlock a new era of financial inclusion and opportunity. ## **What Is Tokenisation?** Tokenisation is the process of converting rights to a real-world asset into a digital token on a blockchain. These tokens can represent ownership, shares, or claims on assets like real estate, gold, art, or even government bonds. For example, a luxury apartment worth ₹5 crore can be tokenised into 1,000 digital tokens, each worth ₹50,000. These tokens can then be traded or held like any other crypto asset, bringing liquidity, accessibility, and transparency to an asset class that’s traditionally slow, expensive, and exclusive. ## **Why Real Estate and Gold?** Real estate is one of the most valuable — and least liquid — asset classes globally. Buying or selling property involves high costs, long paperwork, and legal complexity. Tokenisation changes that enable: - **Fractional ownership - **24/7 secondary market trading - **Reduced entry barriers for small investors Imagine owning a small stake in a commercial building in Bengaluru or a resort property in Goa — all from your Unocoin wallet, in tokenised form. ### **Gold** India’s relationship with gold is deeply cultural and economic. By tokenising gold, investors can buy, sell, or transfer gold in grams or milligrams without worrying about physical storage or purity issues. With blockchain, tokenised gold can be: - **Fully backed by physical reserves - **Easily redeemable - **Globally tradable It combines the stability of gold with the speed and flexibility of crypto. ## **Regulation: The Enabler** India is exploring regulatory frameworks for tokenised assets under its Digital India Act and SEBI’s sandbox for digital securities. As regulations evolve, we can expect clearer rules for asset-backed tokens, including property and gold. Platforms like Unocoin are well-positioned to offer tokenised products once the legal path is clear, providing verified ownership, secure storage partners, and on-chain proof of value. ## **The Future with Unocoin** Shortly, Unocoin users could have access to a diverse portfolio of tokenised RWAs — from apartments and land parcels to gold coins and bars. This will democratise access to wealth-building assets for millions of Indians, particularly those previously excluded due to high minimum investments. Tokenised assets could also become collateral for crypto loans, integrated into DeFi protocols, or even used for cross-border remittances backed by real value. ## **Final Thoughts** Tokenisation is the bridge between traditional and digital finance. It brings real-world value on-chain, making it faster, safer, and more accessible. As India gears up to embrace this transformation, Unocoin stands ready to unlock these powerful opportunities. The future of investing is tangible, tokenised, and borderless. Be part of it — with Unocoin. **Categories:** Blog --- ### [NFTs Beyond Art: Real-World Use Cases Explored](https://blog.unocoin.com/nfts-beyond-art-real-world-use-cases-explored/) **Published:** July 5, 2025 **Author:** Unocoin Growth **Content:** When people think of NFTs (Non-Fungible Tokens), the first image that comes to mind is often digital art or collectables, like Bored Apes or pixelated punks. But the true potential of NFTs goes far beyond art. As blockchain adoption grows, NFTs are evolving into powerful digital tools with real-world utility across various industries. Let’s explore how NFTs are making an impact in the real world, well beyond the canvas. ### **1. Real Estate Tokenisation** NFTs are transforming the real estate industry by tokenising property ownership. Instead of paperwork and lengthy title transfer processes, property rights can be minted as NFTs. This enables faster, more secure, and transparent buying, selling, and transferring of assets. Some platforms now allow fractional ownership of real estate using NFTs, enabling users to invest in a portion of a property and receive rent or profit share — opening the door to broader participation in the property market. ### **2. Event Ticketing** NFTs are transforming the way events manage tickets. Traditional tickets are prone to fraud, duplication, and scalping. NFT-based tickets, however, are: - Unique and tamper-proof - Traceable on-chain - Easily transferable or resellable under smart contract rules Major concerts, festivals, and even sports leagues are beginning to adopt NFT ticketing, ensuring authenticity and allowing organisers to control resale pricing and royalties. ### **3. Supply Chain and Product Authentication** NFTs can serve as digital certificates of authenticity for luxury goods, electronics, or even food items. By linking a physical product to an NFT, companies can offer customers verifiable proof of origin, movement, and ownership. This is especially valuable for combating counterfeit goods and enhancing supply chain transparency, from designer handbags to fine wine and organic produce. ### **4. Identity and Credentials** Imagine owning your educational degree, work certificate, or government ID as a secure NFT. This is becoming a reality with the rise of self-sovereign identity and decentralised credentials. Universities, companies, and governments are experimenting with issuing NFT-based certificates that cannot be forged, lost, or manipulated. These NFTs live in your wallet and can be verified instantly — no third-party validation required. ### **5. Gaming and the Metaverse** While this is closer to digital art, NFTs in gaming are much more interactive. In Web3 games, NFTs represent in-game assets like skins, weapons, or even land. Unlike traditional games, NFT assets are: - Tradable outside the game - Owned entirely by the player - Usable across multiple platforms (in metaverse ecosystems) This gives gamers true ownership and introduces a “play-to-earn” economy, where time spent in the virtual world can generate real income. ### **Final Thoughts** NFTs are no longer limited to flashy art or speculative trends. Their underlying technology — verifiable, secure, and programmable ownership — is unlocking utility across real-world sectors. From simplifying real estate transactions to verifying luxury products and reshaping event experiences, NFTs are poised to become a core part of our digital infrastructure. As adoption accelerates, the question is no longer “Are NFTs useful?”, but “Where will NFTs be used next?” Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Defi, Nft --- ### [DeFi’s Turning Point: Regulation Meets Opportunity](https://blog.unocoin.com/defis-turning-point-regulation-meets-opportunity/) **Published:** July 14, 2025 **Author:** Unocoin Growth **Content:** Decentralized Finance, or **DeFi**, has reshaped how we think about money. What began as a niche experiment on Ethereum has grown into a global ecosystem worth hundreds of billions of dollars. It has enabled users to lend, borrow, trade, and earn — all without banks or intermediaries. But as the sector matures, a new force is entering the picture: **regulation**. And that might just be the turning point DeFi needs to evolve into a mainstream financial force. ## **The Rise — And Risks — of DeFi** DeFi’s explosive rise has brought both innovation and volatility. Platforms like Uniswap, Curve, and Aave introduced new ways to interact with money. Users could stake tokens, provide liquidity, and earn rewards in real-time. It was fast, borderless, and open to anyone with an internet connection. But this openness also exposed weaknesses. Without clear rules, the industry has seen hacks, rug pulls, and flash loan attacks costing billions. In India and abroad, regulators began asking: **Who’s accountable when something goes wrong?** ## **Regulation Arrives — and It’s Not the End** In 2025, we’re witnessing a wave of **regulatory frameworks** aimed directly at DeFi. The **European Union**, **Singapore**, and **the U.S.** have issued guidelines requiring DeFi platforms to adopt basic compliance — such as audits, KYC (Know Your Customer) for fiat bridges, and tax reporting. India is exploring similar steps through its **Digital India Act** and discussions around crypto classification. For DeFi users on platforms like Unocoin, this presents a unique opportunity: **regulated DeFi** could bring more legitimacy, better security, and even broader adoption. ## **From Disruption to Integration** The next phase of DeFi won’t be about escaping the traditional system — it will be about **integrating with it**. Imagine a world where: - A verified user on Unocoin accesses DeFi lending protocols directly through the app - Interest rates are competitive, transparent, and legally protected - Tokenized Indian rupees interact seamlessly with smart contracts - Users earn yield from staking or liquidity pools, with full tax compliance These aren’t far-off dreams — they’re possible with thoughtful regulation and strong partnerships between DeFi innovators and regulated platforms. ## **Why This Matters for India** India is home to one of the fastest-growing crypto user bases in the world. With over 200 million internet-savvy users, a thriving developer community, and increasing global interest, India has the potential to lead the **next wave of DeFi innovation**. Platforms like Unocoin can play a pivotal role by bridging the gap — offering access to DeFi within a secure, compliant framework. As regulations evolve, Unocoin users could be among the first in the country to experience the benefits of **safe, accessible, and regulated decentralized finance**. ## **Final Thoughts** DeFi is at a turning point. It’s no longer just about disrupting finance — it’s about **redefining it**. And regulation, when implemented wisely, isn’t a threat. It’s a foundation. As India navigates this new financial era, Unocoin remains committed to guiding users toward a future where DeFi is not only powerful but **trusted**. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development --- ### [AI Tokens: The Future of Crypto Intelligence](https://blog.unocoin.com/ai-tokens-the-future-of-crypto-intelligence/) **Published:** July 8, 2025 **Author:** Unocoin Growth **Content:** In the ever-evolving world of digital finance, artificial intelligence (AI) has emerged as a powerful force transforming everything from predictive analytics to automated trading. One of the most exciting developments at the intersection of AI and blockchain is the rise of **AI tokens**—a new class of cryptocurrencies powering decentralised, intelligent systems. As India becomes increasingly crypto-curious, platforms like Unocoin are poised to bring users closer to the future of crypto intelligence. ### **What Are AI Tokens?** AI tokens are digital assets that fuel AI-powered blockchain platforms or ecosystems. These platforms leverage machine learning, natural language processing, or big data analytics to enable decentralised decision-making, automation, and intelligent services. AI tokens are used to pay for services, access datasets, train models, or even reward contributors who improve the AI ecosystem. Popular examples include: - **Fetch.ai (FET)** – enabling autonomous agents for smart contracts and real-world tasks - **SingularityNET (AGIX)** – a decentralised marketplace for AI services - **Ocean Protocol (OCEAN)** – focused on AI data exchange and monetisation Each of these tokens powers a unique vision of how AI and blockchain can work together to reshape the digital economy. ### **Why AI and Crypto Make a Powerful Pair** The fusion of AI and blockchain creates a synergistic relationship where transparency, automation, and scale meet intelligence. Here’s why this matters: - **Decentralised Intelligence**: Unlike traditional AI controlled by corporations, AI tokens promote open, community-driven development of AI tools. - **Data Sovereignty**: AI models need data, and blockchain ensures that individuals retain control and monetisation rights over their data. - **Smart Automation**: AI improves blockchain efficiency by optimising smart contracts, transaction routing, and predictive market behaviour. Together, these features offer solutions to real-world problems—from fraud detection and supply chain optimisation to AI-generated art and predictive crypto trading. ### **Why It Matters for Indian Investors** India is witnessing a surge in blockchain adoption, with increasing interest from developers, entrepreneurs, and retail investors. For Indian crypto users on Unocoin, AI tokens open the door to futuristic use-cases, including: - Participating in AI data marketplaces - Investing early in next-gen decentralized apps (dApps) - Gaining exposure to the fastest-growing tech sectors—AI and blockchain—simultaneously More importantly, AI tokens represent innovation with utility, not just hype. As regulations mature and tech adoption deepens, AI crypto projects may become the infrastructure behind India’s digital economy. ### **What’s Next?** AI tokens are still evolving, but the momentum is undeniable. We’re moving towards a world where intelligent, decentralised systems could manage assets, run predictive analytics, and drive entire economies, without centralised intermediaries. With global giants investing in both AI and blockchain, this hybrid space may offer some of the most disruptive opportunities of the decade. At Unocoin, we continue to monitor the growth of AI-integrated crypto projects and aim to offer curated, high-utility tokens that align with global trends and investor interest. **Final Thought: AI tokens are more than just a buzzword—they are the building blocks of a smarter, decentralised digital future. For Indian investors, the time to explore this transformative space is now. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Web3 and the Decentralised Internet: Why Web3 is the Internet of the Future](https://blog.unocoin.com/web3-and-the-decentralised-internet-why-web3-is-the-internet-of-the-future/) **Published:** July 3, 2025 **Author:** Unocoin Growth **Content:** The internet is evolving — and it’s entering a new era. From static web pages in Web1 to social media-driven Web2, we’re now moving toward a decentralised, user-owned Web3. But what exactly is Web3, and why is it considered the internet of the future? Let’s break it down. ### **What Is Web3?** Web3 refers to the third generation of the internet — an ecosystem built on blockchain technology that allows users to own their data, interact peer-to-peer, and participate in decentralised applications (dApps). Unlike Web2, where tech giants control platforms and user data, Web3 promotes decentralisation, transparency, and user sovereignty. ### **Key Features That Make Web3 the Future** #### **🔹 Decentralization** Instead of relying on centralised servers owned by corporations, Web3 runs on distributed networks of nodes and smart contracts. This reduces the risk of single points of failure and empowers the community. #### **🔹 Ownership of Data and Identity** In Web 2, platforms own your data. In Web3, users control their own identity and assets through non-custodial wallets and decentralised identifiers (DIDs). Your data isn’t sold or misused — it’s yours to manage. #### **🔹 Native Payments via Cryptocurrencies** Web3 integrates digital currencies like Ethereum and Solana directly into platforms. No need for third-party payment gateways or banks — smart contracts can automate everything from tipping to complex transactions. #### **🔹 Permissionless Access** Anyone can join and use Web3 services — no need to seek approval, verify identities via centralised systems, or face geo-restrictions. It’s the open internet, rebuilt. ### **Use Cases Powering the Web3 Movement** - **Decentralised Finance (DeFi)**: Replacing traditional banking services with smart contracts — borrow, lend, or trade crypto without intermediaries. - **NFTs and Digital Ownership**: Artists and creators can monetise their work directly, with provable ownership on-chain. - **Decentralised Social Media**: Platforms like Lens and Farcaster offer censorship-resistant alternatives to Twitter or Instagram. - **DAOs (Decentralised Autonomous Organisations)**: Community-led organisations where every token holder gets a vote — a revolution in governance. ### **Why It Matters Now** The internet is more centralised than ever, with a handful of companies controlling most digital infrastructure. This limits freedom, innovation, and privacy. Web3 challenges the dominance, offering a future where communities, not corporations, drive progress. Moreover, as AI, IoT, and the metaverse grow, a decentralised backbone ensures security, trust, and transparency — foundational elements for the next phase of digital life. ### **Challenges Ahead** Web3 is still evolving. Scalability, user experience, and regulatory clarity are works in progress. But just like early Web2 apps in the 2000s, today’s dApps are laying the groundwork for mass adoption. ### **Final Thoughts** Web3 isn’t just a buzzword — it’s a paradigm shift. By placing control back in the hands of users and removing centralised gatekeepers, Web3 paves the way for a more open, secure, and inclusive digital future. The decentralised internet isn’t coming — it’s already here. Please find the list of authentic Unocoin accounts for all your queries below:Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** decentralised Finance, Web3 --- ### [Top 10 Cryptocurrencies to Invest in June 2025 [Expert Picks & Predictions]](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-june-2025/) **Published:** June 10, 2025 **Author:** Unocoin Growth **Content:** As the crypto market continues to evolve in 2025, selecting the right coins can make a significant difference in your portfolio. Whether you’re a seasoned investor or just getting started, June presents a unique opportunity to align your crypto investments with market trends. Here’s your ultimate guide to the Top 10 cryptocurrencies to watch and potentially invest in this June 2025, all available on Unocoin. **Key market drivers:** - ETF approvals fueling institutional investments - Stable inflation encourages risk-on sentiment - Surging DeFi and real-world asset (RWA) tokenisation If you’re wondering where to invest this month, our top 10 list has you covered with strong fundamentals and bullish price forecasts. ### Comparison Table: Top 10 Crypto Coins in June 2025 RankCoinSymbolCategoryKey FeaturesWhy Buy in June 20251BitcoinBTCStore of ValueMost trusted crypto, limited supplyMarket showing strong institutional interest2EthereumETHSmart ContractsUpgraded ETH 2.0 with low feesDeFi and NFT growth surging3SolanaSOLHigh-Speed BlockchainUltra-fast, low fees for DeFi & NFTsNew dApps and dev activity are increasing4CardanoADALayer-1 Smart ContractsAcademic foundation, eco-friendlySmart contract upgrades in June5AvalancheAVAXLayer-1 DeFi & NFTsScalable subnets, big institutional adoptionGaining traction in GameFi6PolkadotDOTInteroperabilityBridges between chains, Web3 enablerXCM protocol updates expected7PolygonMATICLayer-2 ScalingScales Ethereum, low transaction costsMajor enterprise integrations8InjectiveINJDeFi & DerivativesDecentralised trading powerhouseListed on major exchanges9Internet ComputerICPWeb3 InfrastructureHost apps directly on the blockchainDev activity surging + community push10RenderRNDRAI & MetaverseGPU rendering for 3D, AI workloadsAI + crypto hype driving strong demand--- ## Top 10 Cryptocurrencies to Invest in June 2025 Here’s a breakdown of the best cryptocurrencies based on current trends, price momentum, and community strength. ### 1. **Bitcoin (BTC)** **Overview:** The original and most widely trusted cryptocurrency, Bitcoin, remains the benchmark. **Use Case:** Digital gold is ideal for long-term storage of value. **Recent Performance:** Stable growth with increased institutional buying. **Why Buy in June:** Large investors and ETFs are accumulating BTC again. [Trade Now](https://unocoin.com/in/exchange/inr/btc) ### 2. **Ethereum (ETH)** **Overview:** The smart contract pioneer that fuels most DeFi and NFTs. **Use Case:** Hosts dApps, DeFi, NFTs, DAOs, and more. **Recent Performance:** Surge in developer activity post-ETH 2.0. **Why Buy in June:** Layer-2 solutions make it more efficient than ever. [Trade Now](https://unocoin.com/in/exchange/inr/eth) ### 3. **Solana (SOL)** **Overview:** The high-speed blockchain is known for lightning-fast transactions. **Use Case:** DeFi, NFTs, GameFi. **Recent Performance:** Hit by downtime in the past, but now more stable. **Why Buy in June:** Top projects launching on Solana are pushing demand. [Trade Now](https://unocoin.com/in/exchange/inr/sol) ### 4. **Cardano (ADA)** **Overview:** A research-driven project with sustainable innovation. **Use Case:** Scalable smart contract platform. **Recent Performance:** New smart contract rollouts and DeFi support. **Why Buy in June:** Price is still undervalued with a strong dev pipeline. [Trade Now](https://unocoin.com/in/exchange/inr/ada) ### 5. **Avalanche (AVAX)** **Overview:** Offers subnets for custom blockchain solutions. **Use Case:** DeFi, gaming, NFTs, institutional finance. **Recent Performance:** Steady user and TVL growth. **Why Buy in June:** Subnets are gaining adoption; new token launches are expected. [Trade Now](https://unocoin.com/in/exchange/inr/avax) ### 6. **Polkadot (DOT)** **Overview:** Enables communication between multiple blockchains. **Use Case:** Cross-chain functionality, Web3 projects. **Recent Performance:** Upcoming tech upgrades are boosting visibility. **Why Buy in June:** XCM (Cross-Consensus Messaging) to improve scalability. [Trade Now](https://unocoin.com/in/exchange/inr/dot) ### 7. **Polygon (POL)(Ex-MATIC)** **Overview:** Ethereum scaling solution with growing partnerships. **Use Case:** Lower gas fees for Ethereum apps. **Recent Performance:** Backed by brands like Disney, Reddit. **Why Buy in June:** Big enterprises are using Polygon for Web3 expansion. [Trade Now](https://unocoin.com/in/exchange/inr/pol) ### 8. **Injective (INJ)** **Overview:** Built for decentralised derivatives and trading. **Use Case:** On-chain order book and exchange infrastructure. **Recent Performance:** Strong rally, listed on major exchanges. **Why Buy in June:** High growth potential in DeFi derivatives. [Trade Now](https://unocoin.com/in/exchange/inr/inj) ### 9. **Internet Computer (ICP)** **Overview:** Decentralised hosting for websites, dApps, and services. **Use Case:** Scales Web3 without traditional cloud. **Recent Performance:** Growing dev community and ecosystem tools. **Why Buy in June:** Strong roadmap, undervalued entry point. [Trade Now](https://unocoin.com/in/exchange/inr/icp) ### 10. **Render (RNDR)** **Overview:** Merges crypto with GPU rendering and AI. **Use Case:** Decentralised compute power for 3D, AI, and Metaverse. **Recent Performance:** Surging demand from AI and creative industries. **Why Buy in June:** AI sector growth is boosting RNDR value. [Trade Now](https://unocoin.com/in/exchange/inr/rndr) Also, know [how to start investing in crypto](https://blog.unocoin.com/crypto-trading-strategies-for-beginners-updated-2025/) ## Build a Smarter Portfolio: June 2025 is the perfect time to align your investments with innovation. These 10 coins offer a strong mix of stability, innovation, and future potential. Diversify with purpose — and make every coin count. [Start investing today with Unocoin](https://unocoin.com/in/login) — your gateway to smarter crypto investing. **We have updated the [Top 10 Cryptocurrencies to Invest in July 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-july-2025/)** ## Frequently Asked Questions (FAQs) **1. What is the best coin to invest in June 2025?**Bitcoin (BTC) is a strong pick due to rising institutional interest and growing trust among investors. **2. Is now a good time to buy Ethereum?**Yes. Ethereum’s recent upgrades and Layer-2 integrations make it more scalable and efficient than ever. **3. Which coins have the most growth potential in 2025?**Coins like Render (RNDR), Injective (INJ), and Solana (SOL) are gaining attention due to their use cases in AI, DeFi, and NFTs. **4. Is Unocoin a safe platform for trading crypto?**Yes. Unocoin is one of India’s most secure and trusted crypto exchanges, operating since 2013. **Categories:** Blog, Featured, Market Analysis **Tags:** Best Indian crypto exchange 2025, Top altcoins for June 2025, Which crypto to buy now June 2025 --- ### [Top Altcoins to Watch: Altcoins That Could Define the Next Bull Run](https://blog.unocoin.com/top-altcoins-to-watch-altcoins-that-could-define-the-next-bull-run/) **Published:** June 14, 2025 **Author:** Unocoin Growth **Content:** As Bitcoin hovers near its all-time highs and institutional interest surges, eyes are turning toward altcoins that may outperform in the next leg of the crypto bull market. While Bitcoin and Ethereum remain foundational, select altcoins with real-world utility, growing ecosystems, and strong fundamentals are quietly gaining momentum. Here are the top altcoins on Unocoin that could define the next bull run. ## **1. Cardano (ADA): Smart Contracts with a Sustainability Edge** Cardano has matured into a leading smart contract platform known for its scientific approach and energy-efficient proof-of-stake model. With the Hydra scalability upgrade now live, ADA is well-positioned to handle increased demand for decentralised applications (DApps) without sacrificing speed or cost efficiency. **Why ADA could shine:** - Growing ecosystem of DeFi and NFT projects - Strong community and academic partnerships - Low-cost, high-speed transactions For long-term investors, ADA under ₹60 continues to offer strategic entry potential as mass retail adoption approaches. [Buy Now](https://unocoin.com/in/exchange/inr/ada) ## **2. Stacks (STX): Unlocking Bitcoin’s DeFi Potential** Stacks is a layer that brings smart contracts and decentralised apps to Bitcoin. It enables developers to build on the most secure blockchain without modifying Bitcoin’s base layer. As more capital flows into Bitcoin-native protocols, STX stands to benefit significantly. **Bull case for STX:** - Connects Bitcoin with the world of DeFi and NFTs - Strong development momentum - Increasing demand for Bitcoin-secured smart contracts With Bitcoin dominance rising, Stacks could be a breakout performer riding the “Bitcoin utility” narrative. [Buy Now](https://unocoin.com/in/exchange/inr/STX) ## **3. Stellar (XLM): The Real-World Payment Bridge** XLM continues to lead the space in cross-border payments and remittances. Its lightning-fast transactions and minimal fees make it ideal for everyday transfers, especially in emerging markets. **XLM Advantages:** - High-speed, low-fee international transfers - Strategic partnerships with banks and fintech firms - Regulatory-friendly positioning As adoption of crypto in financial services grows, XLM is likely to be a major player in real-world payment infrastructure. [Buy Now](https://unocoin.com/in/exchange/inr/xlm) ## **4. 0x Protocol (ZRX): Building the Backbone of DEX Liquidity** ZRX powers a decentralised exchange infrastructure that enables seamless, gas-efficient trading across blockchains. As users shift from centralised to decentralised platforms, ZRX is poised to capture value from the backend. **Why ZRX Matters:** - Aggregate liquidity across major DEXs - Gasless trading functionality - Supports developers building user-friendly DeFi experiences For those betting on the future of non-custodial trading, ZRX is a silent builder in a booming market. [Buy Now](https://unocoin.com/in/exchange/inr/zrx) ## **5. Zilliqa (ZIL): Speed Meets Innovation** Zilliqa offers one of the fastest blockchains, with a focus on gaming, NFTs, and AI. Its sharded architecture allows it to scale efficiently while remaining cost-effective. **ZIL Highlights:** - One of the first sharded blockchains - Strong push into the metaverse and gaming sectors - Developer-friendly ecosystem - ZIL’s low market cap and real-world use cases make it a potential high-reward asset in the next rally. [Buy Now](https://unocoin.com/in/exchange/inr/zil) ### **Final Thoughts** While no one can predict the future, the altcoins mentioned above are gaining traction for all the right reasons. At Unocoin, we help you stay ahead of the curve by offering access to these high-potential digital assets. As always, do your research, manage risk, and position early—because the next bull run is already building. Also read [Top 10 Cryptocurrencies to Invest in July 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-july-2025/) Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [Top 10 Cryptocurrencies to Invest in July 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-july-2025/) **Published:** July 2, 2025 **Author:** Unocoin Growth **Content:** As the crypto market matures in 2025, selecting the right coins can significantly boost your portfolio. Whether you’re a seasoned investor or just getting started, July presents unique opportunities to align with emerging market trends, Layer-2 breakthroughs, and post-halving momentum. In this blog, we cover the Top 10 cryptocurrencies to watch and potentially invest in July 2025, all available on Unocoin — India’s most trusted crypto exchange. ## Key Market Drivers: - Post-halving supply shock fuels renewed interest in Bitcoin - Ethereum’s Layer-2 adoption accelerates dApp activity - AI + Web3 narratives are pushing tokens like Render into the spotlight - Real-world asset (RWA) tokenisation led by Chainlink and XRP - Telegram’s TON ecosystem gains mass adoption via mini-apps ## Comparison Table: Top 10 Crypto Coins in July 2025 RankCoinSymbolCategoryKey FeaturesWhy Buy in July 20251BitcoinBTCStore of ValueTrusted, limited supplyPost-halving rally, ETFs accumulating2EthereumETHSmart ContractsETH 2.0 upgrades, low gas feesLayer-2 adoption booming3SolanaSOLHigh-Speed BlockchainFast, NFT/GameFi hubGrowing ecosystem + uptime stability4ToncoinTONWeb3 & MessagingTelegram-integrated crypto1B+ users = exponential token exposure5ChainlinkLINKOracle InfrastructureReal-world data feeds for DeFiCCIP adoption by banks and institutions6PolygonPOLEthereum Layer-2zkEVM scaling, low feesMajor Web2-to-Web3 enterprise integrations7XRPXRPCross-Border PaymentsFast, cheap remittancesXRP ETFs now live in Japan and Canada8UniswapUNIDecentralised Exchangev4 live, lower gas, better routingDEX volume surging as altcoins revive9RenderRNDRAI & GPU Compute3D/AI GPU rendering networkAI + crypto momentum growing10AaveAAVEDeFi Lending PlatformCollateral-based lendingTVL is growing with DeFi’s recovery--- ## Top 10 Cryptocurrencies to Invest in July 2025 ### 1. **Bitcoin (BTC)** **Overview**: Bitcoin remains the most trusted digital store of value. **Use Case**: Ideal for long-term savings and an inflation hedge. **Recent Performance**: Strong price recovery and continued accumulation by institutional ETFs and whales more than a year after the 2024 halving. **Why Buy in July**: Post-halving momentum continues into 2025, with supply constraints and institutional demand providing solid support. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 2. **Ethereum (ETH)** **Overview**: Ethereum continues to lead smart contract innovation and Layer-2 expansion. **Use Case**: Supports DeFi, dApps, NFTs, and tokenised assets. **Recent Performance**: The May 2025 Pectra (Prague–Electra) upgrade introduced proto-danksharding (EIP‑4844), reducing Layer‑2 costs by up to 90 %, plus account abstraction and validator decentralisation. **Why Buy in July**: The upgrade boosts scalability and user efficiency, strengthening ETH’s dominance across ecosystems. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 3. **Solana (SOL)** **Overview**: Ultra-fast Layer-1 blockchain with growing DeFi and NFT ecosystems. **Use Case**: Ideal for gaming, NFTs, and high-throughput apps. **Recent Performance**: Developer activity is rebounding; new dApps and stable infrastructure are restoring network confidence. **Why Buy in July**: Accelerating growth in GameFi and institutional footprint makes SOL a compelling L1 prospect. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 4. **Toncoin (TON)** **Overview**: Telegram-integrated crypto enabling seamless SocialFi, payments, and mini-apps. **Use Case**: Real-world Web3 utility with mass consumer adoption. **Recent Performance**: Rapid ecosystem expansion among Telegram’s 1 billion+ user base. **Why Buy in July**: Real usage through mini-apps and staking positions TON as a unique mass-market blockchain. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 5. **Chainlink (LINK)** **Overview**: Leading Oracle infrastructure supporting cross-chain and real-world asset feeds. **Use Case**: Bridges DeFi, RWA, stablecoins, and AI agents. **Recent Performance**: CCIP, live on Solana and BOB L2, enables cross-chain USDC and institutional stablecoin flows; partnerships like World Liberty Financial highlight growing adoption. **Why Buy in July**: With institutions integrating CCIP and oracles, LINK is central to multi-chain infrastructure. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 6. **Polygon (POL)** **Overview**: Ethereum’s leading modular Layer-2 with enterprise-grade scale. **Use Case**: Supports zkEVM, stablecoins, NFTs, and mass adoption dApps. **Recent Performance**: Q1 2025 saw transaction fees drop ~40% while usage climbed: 546,000 daily active addresses (+4.4%) and 3.4M daily txs (+8%). **Why Buy in July**: Massive adoption by brands — e.g. Nike, Starbucks, Google Cloud — and rising Polygon CDK rollout make it a key scaling solution. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 7. **XRP (XRP)** **Overview**: Efficient token for fast, low-cost cross-border payments. **Use Case**: Bank remittances and liquidity optimisation. **Recent Performance**: XRP ETFs launched in Canada and Japan, with RippleNet expanding across Latin America. **Why Buy in July**: Growing institutional and regulatory traction confirms XRP’s utility for global finance. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 8. **Uniswap (UNI)** **Overview**: Top token-swapping and liquidity protocol in DeFi. **Use Case**: Supports seamless ERC-20 trading on-chain. **Recent Performance**: Uniswap v4 remains in preview, with the Uniswap Foundation advancing “Unichain” and governance depth [BOB Upgrade](https://chainlinktoday.com/bob-upgrades-to-chainlink-ccip-for-cross-chain-usdc-transfers/) **Why Buy in July**: As DEX activity rebounds, UNI’s future upgrade readiness offers upside. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 9. **Render (RNDR)** **Overview**: Decentralised GPU rendering infrastructure for AI and 3D. **Use Case**: Serves visual effects, virtual reality, AI model training. **Recent Performance**: Partnerships with AI studios and momentum in the AI+crypto narrative strengthen RNDR. **Why Buy in July**: Utility-driven token with strong demand from the booming AI sector. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) --- ### 10. **Aave (AAVE)** **Overview**: Decentralised lending/borrowing protocol powering DeFi credit markets. **Use Case**: Collateralised loans, liquidity pools, variable interest. **Recent Performance**: Total value locked (TVL) rising, with institutional-grade protocols leveraging Aave’s infrastructure. **Why Buy in July**: L2 expansion and renewed DeFi confidence support AAVE’s rebound. [BUY BTC NOW!](https://unocoin.com/in/exchange/inr/btc) ## Build a Smarter Crypto Portfolio in July 2025 With high-growth tokens, established Layer-1s, and emerging trends like AI and tokenisation, July 2025 is an ideal month to reassess and rebalance your portfolio. *Diversify with purpose. Stay informed. Invest smart.* *Start your crypto journey with [Unocoin](https://www.unocoin.com/), India’s longest-running crypto exchange.* If you missed [Top cryptocurrency to invest in June 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-june-2025/) ## Frequently Asked Questions (FAQs) **1. Which crypto is best to invest in July 2025?** Bitcoin, Ethereum, and Toncoin are top picks based on performance and ecosystem trends. **2. Is Ethereum still worth buying in 2025?** Yes. With Layer-2 scaling and massive dApp usage, ETH remains the core infrastructure of Web3. **3. What new crypto trends are emerging this month?** AI tokens, Telegram-based coins like TON, and tokenised RWAs are leading narratives in July 2025. **4. Is Unocoin safe for crypto investing?** Unocoin is India’s most trusted crypto platform with 11+ years of secure service and full compliance. --- *Got questions? DM us on X (Twitter) @Unocoin or chat with our support team on the app.* Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Cryptos to invest, top cryptos --- ### [Crypto Trading Indicators: Best Indicators for Smart Crypto Moves](https://blog.unocoin.com/crypto-trading-indicators-best-indicators-for-smart-crypto-moves/) **Published:** July 1, 2025 **Author:** Unocoin Growth **Content:** Crypto trading can feel like navigating a storm — volatile, unpredictable, and fast-moving. But just like weather tools help predict storms, trading indicators help traders make sense of the crypto market. Whether you’re a beginner or a seasoned investor, understanding and applying the right indicators can significantly improve your decision-making. Here’s a look at some of the best indicators for smart crypto moves in 2025. ### **1. Relative Strength Index (RSI)** The RSI measures the speed and change of price movements to determine if a crypto asset is overbought or oversold. It ranges between 0 and 100: - **Above 70** = Overbought (possible sell signal) - **Below 30** = Oversold (possible buy signal) RSI is especially useful during sideways or consolidating markets. It helps identify potential reversal points before big moves happen. ### **2. Moving Averages (MA & EMA)** Moving Averages smooth out price data to identify the direction of a trend. The most common types: - **Simple Moving Average (SMA)**: Takes the average price over a specific period. - **Exponential Moving Average (EMA)**: Gives more weight to recent prices. A popular strategy is the Golden Cross (when 50-day MA crosses above 200-day MA — a bullish sign) and the Death Cross (bearish counterpart). ### **3. MACD (Moving Average Convergence Divergence)** MACD shows the relationship between two EMAs (typically 12-day and 26-day). It helps spot trend direction, momentum, and potential reversals. - **MACD Line crossing above Signal Line** = bullish - **MACD Line crossing below Signal Line** = bearish It’s a favourite among traders for timing entries and exits in trending markets. ### **4. Bollinger Bands** These are three lines plotted based on volatility: - A moving average (middle band) - An upper band (MA + 2 standard deviations) - A lower band (MA – 2 standard deviations) When price touches the upper band, the asset may be overbought; when it hits the lower band, it might be oversold. Squeezes (tightening of bands) often indicate that a big price move is coming soon. ### **5. Volume and Volume Oscillators** Volume confirms the strength of a trend. A price movement on high volume is more significant than one on low volume. Tools like On-Balance Volume (OBV) and Volume Oscillator help detect when volume is diverging from price — a signal that a reversal might be near. ### **6. Fibonacci Retracement** Fibonacci levels are horizontal lines that indicate where price might retrace before continuing the trend. Common levels: 38.2%, 50%, and 61.8%. These are often used to set entry points, stop-loss levels, or targets during trending markets. ### **Final Thoughts** Using indicators doesn’t guarantee profits, but combining them with solid research, risk management, and market awareness significantly improves your edge. The key is not to rely on just one tool but to use a combination — such as RSI + MACD + Volume — to confirm your trade ideas. Smart crypto moves aren’t about prediction — they’re about probability, patience, and precision. Use these indicators to trade the charts, not your emotions. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Crypto Indicators, Crypto trading, Cryptocurrency --- ### [BTC’s Journey at $105,600 and the Road Ahead in 2025](https://blog.unocoin.com/btcs-journey-at-105600-and-the-road-ahead-in-2025/) **Published:** June 25, 2025 **Author:** Unocoin Growth **Content:** The Bitcoin halving that occurred in April 2024 marked a major inflexion point in the cryptocurrency market. As of June 2025, Bitcoin is trading around $105,600, reflecting a strong recovery from the volatility of previous cycles and establishing a new era of institutional maturity and global relevance. But how did we get here, and what lies ahead? ### **What Is a Bitcoin Halving — and Why Does It Matter?** Bitcoin undergoes a halving approximately every four years, reducing the block reward miners receive by 50%. In April 2024, this reward was slashed from 6.25 BTC to 3.125 BTC per block. This event is crucial because it reduces the rate at which new BTC enters circulation, tightening supply against rising or stable demand — a classic formula for price appreciation. Historically, halvings have been followed by significant bull runs: - **2012 Halving** → BTC surged from ~$12 to over $1,000 in a year. - **2016 Halving** → BTC soared from ~$650 to nearly $20,000 by the end of 2017. - **2020 Halving** → Sparked the legendary 2021 rally to ~$69,000. The 2024 halving has so far followed this pattern, albeit with a maturing market dynamic. ### **Post-Halving Performance: BTC Hits $105,600** Since the 2024 halving, Bitcoin has displayed strong upside momentum. The approval of Bitcoin Spot ETFs in the U.S. earlier in 2024 unleashed billions in institutional inflows. Major asset managers like BlackRock and Fidelity facilitated easy access to Bitcoin for traditional investors, fueling a supply crunch that pushed BTC beyond the psychological barrier of $100,000. Other key factors supporting the current $105,600 valuation include: - **Geopolitical uncertainty**: As fiat currencies face inflation and macroeconomic volatility, BTC has emerged as a digital hedge. - **Rising on-chain adoption**: Lightning Network expansion, increased self-custody, and real-world Bitcoin use cases are growing. - **Corporate and sovereign interest**: Countries and companies are diversifying reserves by adding BTC as a long-term asset. ### **What’s Next? BTC’s Outlook for the Rest of 2025** Looking ahead, Bitcoin’s trajectory in the second half of 2025 will likely follow the post-halving trend of strong growth followed by consolidation. Here’s a breakdown of expected scenarios: #### **Bullish Case ($135,000–$180,000+)** If institutional interest continues to rise and global monetary policies remain loose, BTC could climb towards $135K–$150K by Q3–Q4 2025, potentially peaking near $180,000 during a euphoric rally. On-chain metrics such as supply held by long-term holders, decreasing exchange balances, and growing active addresses support this outlook. #### **Consolidation Scenario ($100,000–$120,000)** A more tempered growth phase might emerge if global interest rates rise or if regulatory concerns cool investor enthusiasm. BTC could consolidate between $100K and $120K while maintaining strong fundamental support. This would mirror previous cycles where the price cooled down before the next big move. #### **Macro Risks and Corrections** It’s also important to watch for external pressures like aggressive regulation, ETF outflows, or black swan macro events. While long-term fundamentals remain strong, short-term volatility is an inherent part of the crypto market. ### **Beyond Price: Bitcoin’s Growing Role in the Global Financial System** More than just a speculative asset, Bitcoin is increasingly becoming: - **A reserve asset for institutions and nations - **A payments rail in emerging markets - **An investment-grade asset with ETF integration - **A hedge against currency debasement As we move through 2025, Bitcoin’s relevance will grow not only due to price movements but because of its decentralised, deflationary, and censorship-resistant design — attributes that make it uniquely positioned in an increasingly uncertain global financial environment. Also read: [How to transfer bitcoin faster in India?](https://blog.unocoin.com/send-bitcoin-instantly-with-the-btc-lightning-network-now-live-on-unocoin/) ### **Final Thoughts** At $105,600, Bitcoin is not just riding the wave of another post-halving rally — it’s maturing into a global asset class. Whether you’re a long-term holder, a first-time investor, or a business looking to embrace crypto, the trends following the 2024 halving suggest that Bitcoin’s best days may still lie ahead. Stay informed. Stay invested. And as always, **do your own research**. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Halving, Btc --- ### [Send Bitcoin Instantly with the BTC Lightning Network — Now Live on Unocoin](https://blog.unocoin.com/send-bitcoin-instantly-with-the-btc-lightning-network-now-live-on-unocoin/) **Published:** June 24, 2025 **Author:** Unocoin Growth **Content:** Bitcoin is powerful, but let’s be honest, sometimes it can be slow and expensive. We’ve just changed that. Unocoin now supports the Bitcoin Lightning Network, enabling super-fast, low-fee Bitcoin transactions directly from your wallet. Let’s break it down. **What is the Bitcoin Lightning Network?** The Bitcoin Lightning Network in India is a second-layer solution built on top of the Bitcoin blockchain. It allows users to send and receive BTC instantly, with nearly zero fees, by creating off-chain payment channels. This means no more long confirmation waits or high network fees during peak congestion. Instead, you get: - Speed - Scalability - Affordability **What Can You Do with Lightning on Unocoin?** With the Lightning Network now available on Unocoin, you can: ✅ Deposit Bitcoin instantly ✅ Withdraw Bitcoin in seconds ✅ Send micro-payments with ease ✅ Save significantly on transaction fees Whether you’re sending small tips or moving funds efficiently, Lightning is designed to handle it all. **Transaction Limits & Fees in Bitcoin Lightning Network.** Here’s what you need to know: - Minimum transaction: 7 satoshis - Maximum transaction: 0.01 BTC - Unocoin wallet to Unocoin wallet: 0 fees - Unocoin wallet to external Lightning wallet: Nominal fee applies This makes Unocoin one of the most affordable and fastest platforms to use Bitcoin in India. **Also read: [How to buy Bitcoin in India?](https://blog.unocoin.com/how-to-buy-bitcoin-in-india/)** Is It Secure? Absolutely. The Lightning Network is designed with advanced cryptographic features such as: ✅ Multi-signature smart contracts ✅ Time-locked transactions ✅ Bitcoin-backed settlement You get the same level of security as the Bitcoin blockchain — but with a dramatic improvement in speed and efficiency. **How to Use the Lightning Network on Unocoin?** Step 1: Update your [Unocoin app](https://unocoin.com/in/home?type=login) Step 2: Go to your BTC wallet Step 3: Choose “Lightning Network” for deposit or withdrawal Step 4: Generate/Paste the Lightning address Step 5: Confirm and complete your transaction in seconds! It’s that easy. **Why It Matters?** In today’s fast-paced crypto world, speed and cost-efficiency are key. The Lightning Network makes it possible to: - Perform micro-transactions - Reduce network congestion - Enable real-time BTC usage Unocoin is proud to bring this innovative technology to our Indian users, making Bitcoin more practical for everyday use. Also read: [Top 10 Cryptocurrencies to Invest in June 2025](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-june-2025/) **Final Thoughts** This isn’t just an upgrade — it’s a transformation. From crypto traders to daily BTC users, the Lightning Network unlocks faster, smarter, and more affordable transactions. Ready to experience the power of Bitcoin at lightning speed? Use the Lightning Network on Unocoin today Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Development, Featured **Tags:** Bitcoin Lightning Network, BTC lightning, Unocoin --- ### [Ethereum and the Top 8 Cryptocurrencies: A Deep Dive](https://blog.unocoin.com/ethereum-and-the-top-8-cryptocurrencies-a-deep-dive/) **Published:** June 17, 2025 **Author:** Unocoin Growth **Content:** The world of cryptocurrencies has evolved beyond just Bitcoin. While Bitcoin still dominates as the original and most valuable digital asset, the crypto ecosystem is now home to thousands of other tokens, each serving unique purposes. Among these, **Ethereum** stands out as the most impactful after Bitcoin, and the top 8 cryptocurrencies collectively shape the future of blockchain technology. In this article, we’ll explore Ethereum’s role, the value of other leading coins, and how you can access them through **Unocoin** — India’s leading crypto exchange. ## **Ethereum: More Than Just a Cryptocurrency** Launched in 2015 by Vitalik Buterin and a group of developers, Ethereum introduced the concept of **smart contracts** — self-executing agreements without intermediaries. Unlike Bitcoin, which was designed primarily as a digital currency, Ethereum serves as a **decentralised computing platform**, enabling developers to build decentralised applications (dApps). What makes Ethereum powerful: - **Smart Contracts**: Automate transactions and enforce agreements without human intervention. - **Decentralised Finance (DeFi)**: Platforms like Uniswap, Compound, and Aave are built on Ethereum. - **NFT Ecosystem**: The NFT boom owes much of its infrastructure to Ethereum’s ERC-721 token standard. - **Upcoming Upgrades**: With Ethereum 2.0 and proof-of-stake transition, Ethereum is becoming more scalable and eco-friendly. Ethereum isn’t just a coin — it’s an entire operating system for the decentralised world. ## **The Top 8 Cryptocurrencies: An Ecosystem of Innovation** While Ethereum leads in utility, other top cryptocurrencies bring their own strengths. Let’s take a look at the most influential coins beyond ETH and BTC. ### **1. BNB (Binance Coin)** BNB is the native token of Binance, the world’s largest exchange by volume. It is used to pay trading fees, participate in token sales, and access DeFi services within the Binance Smart Chain ecosystem. ### **2. Solana (SOL)** Known for its lightning-fast speeds and low fees, Solana is a preferred platform for dApps and DeFi. It competes with Ethereum in scalability and supports a growing NFT ecosystem. ### **3. XRP (Ripple)** Ripple’s XRP is tailored for fast, low-cost cross-border payments. It aims to bridge the gap between traditional banking and blockchain technology, and is being tested by financial institutions worldwide. ### **4. Cardano (ADA)** Developed through peer-reviewed academic research, Cardano is a proof-of-stake blockchain focused on security, scalability, and sustainability. It supports smart contracts and is growing its DeFi and NFT presence. ### **5. Dogecoin (DOGE) and Shiba Inu (SHIB)** What began as meme coins has become a powerful force in community-driven investing. DOGE and SHIB now have established development teams and are gaining utility in payment systems. ### **6. Avalanche (AVAX) and Polkadot (DOT)** Both are competing to build **multi-chain ecosystems**. Avalanche offers near-instant finality and low fees, while Polkadot allows different blockchains to interoperate seamlessly. ### **7. Tron (TRX) and Chainlink (LINK)** Tron focuses on decentralized content sharing, while Chainlink provides critical **real-world data feeds** to smart contracts (called oracles). ### **8. Litecoin (LTC) and Bitcoin Cash (BCH)** These are Bitcoin forks offering faster and cheaper transactions, often used for payments. ## **Why the Top 8 Cryptocurrencies Matter** Each of these coins represents a **layer of the blockchain stack**: - Infrastructure (ETH, SOL, ADA) - Payments (BTC, LTC, XRP) - Data & Services (LINK) - Exchanges (BNB) - Community Coins (DOGE, SHIB) By tracking these projects, investors get a macro view of where blockchain is headed: toward **faster, cheaper, scalable, and interoperable networks**. ## **[Investing in the Top Cryptos](https://blog.unocoin.com/top-10-cryptocurrencies-to-invest-in-june-2025/) with Unocoin** At **Unocoin**, we make it easy for you to access the top 8 cryptocurrencies. Whether you are a beginner or an experienced trader, our platform offers: - **Secure Wallets - **One-Click Buy/Sell - **Auto-Buy & SIP in Crypto - **Live Price Alerts - **Portfolio Tracking Tools With just ₹100, you can start building your exposure to high-quality crypto assets. Unocoin also enables easy INR deposits, 24/7 support, and educational content to help you make informed decisions. ## **Final Thoughts** Ethereum has reshaped what’s possible with blockchain, and the top 8 cryptocurrencies collectively power the crypto economy. Whether it’s transferring value, launching decentralised apps, or participating in digital communities, these assets are at the core of the next generation of finance and the internet. As India’s most trusted crypto platform, **Unocoin empowers you to explore, invest, and grow** with the top digital assets. Stay informed, diversify wisely, and let innovation guide your portfolio. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development --- ### [Tokenisation of Real-World Assets (RWAs): Bringing Real Estate and Gold On-Chain](https://blog.unocoin.com/tokenisation-of-real-world-assets-rwas-bringing-real-estate-and-gold-on-chain/) **Published:** June 8, 2025 **Author:** Unocoin Growth **Content:** In the evolving landscape of blockchain technology, one of the most impactful innovations is the tokenisation of real-world assets (RWAs). From real estate to gold, tokenisation is enabling the digital transformation of traditionally illiquid and physical assets, making them accessible, divisible, and tradable on blockchain networks. #### **What is Tokenisation?** Tokenisation refers to the process of converting ownership rights of a physical asset into a digital token on a blockchain. Each token represents a fraction or whole of the asset, secured by smart contracts and immutable records. This concept not only democratizes investment but also improves liquidity, efficiency, and transparency. #### **Why Real Estate and Gold?** Real estate and gold have historically been seen as safe-haven investments. However, they come with high entry barriers, low liquidity, and limited accessibility. Tokenising these asset addresses these issues head-on. **Real Estate**: Through tokenisation, property ownership can be broken down into smaller digital units, allowing investors to buy, sell, or trade fractions of a property. This fractional ownership model opens the doors for retail investors who were previously priced out of the real estate market. **Gold**: Tokenised gold enables seamless ownership transfers and 24/7 trading on digital platforms. Unlike traditional gold investment, blockchain ensures transparency and verifiability of each gold-backed token’s authenticity and value. #### **Benefits of [Tokenising RWAs](https://blog.unocoin.com/the-rise-of-real-world-asset-rwa-tokenization-in-2025/)** 1. **Increased Liquidity**: Traditionally illiquid markets like real estate become accessible to a broader investor base via token trading on secondary markets. 2. **Global Accessibility**: Anyone with an internet connection can invest in tokenised assets without geographical restrictions or complex regulatory hurdles. 3. **Reduced Costs**: By eliminating intermediaries such as brokers and agents, tokenisation reduces transaction costs significantly. 4. **Transparency and Security**: Blockchain provides a tamper-proof ledger, ensuring every transaction is traceable and secure. #### **The Role of Blockchain and Smart Contracts** Smart contracts automate processes like dividend payouts, rental income distribution, and compliance checks. This automation minimises human error, speeds up transactions, and enforces agreements without the need for intermediaries. #### **Challenges to Consider** While the benefits are promising, tokenisation faces hurdles such as regulatory uncertainty, legal recognition of digital tokens, and the need for robust asset custody solutions. Regulatory bodies across the globe are still formulating frameworks to accommodate and govern tokenised securities and commodities. #### **Tokenisation in India and the Role of Platforms Like Unocoin** India, with its growing appetite for digital innovation, is slowly warming up to the idea of tokenisation. Platforms like Unocoin, with a strong user base and regulatory alignment, are well-positioned to introduce tokenised investment opportunities in a compliant and user-friendly manner. By bridging the gap between traditional assets and blockchain technology, Unocoin can play a pivotal role in bringing the benefits of tokenisation to the Indian investor community. **Conclusion** Tokenisation of real-world assets like real estate and gold is not just a trend—it’s a paradigm shift. As technology and regulation evolve, it could redefine how we invest, own, and transfer value globally. Stay ahead of the curve with Unocoin as these new digital frontiers unfold. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** RWA tokens, RWAs, Tokenisation --- ### [AI-Powered Cryptocurrencies: How AI Is Transforming the Blockchain Space](https://blog.unocoin.com/ai-powered-cryptocurrencies-how-ai-is-transforming-the-blockchain-space/) **Published:** June 6, 2025 **Author:** Unocoin Growth **Content:** As artificial intelligence (AI) and blockchain continue to evolve, the convergence of these technologies is setting the stage for the next wave of innovation in the crypto ecosystem. AI-powered cryptocurrencies are no longer a futuristic concept—they’re reshaping how we [interact with blockchain](https://blog.unocoin.com/layer-2-solutions-boosting-blockchain-scalability-and-efficiency/), from smart contract automation to predictive analytics and decentralised intelligence. #### **What Are AI-Powered Cryptocurrencies?** AI-powered cryptocurrencies refer to blockchain projects that integrate artificial intelligence into their core infrastructure or utility. These tokens often serve as the native currency for platforms that offer AI-driven services like automated trading, data analysis, content generation, fraud detection, or decentralised decision-making systems. Examples include platforms like **Fetch.ai**, **Numerai**, and **Ocean Protocol**, which use AI to enable everything from autonomous economic agents to decentralised data marketplaces. These tokens power intelligent systems that can learn, adapt, and make decisions without human intervention. #### **How AI is Enhancing Blockchain Capabilities** The marriage of AI and blockchain is mutually beneficial. Here’s how AI is revolutionising blockchain: 1. **Smarter Smart Contracts**: AI algorithms can enhance the functionality of smart contracts, enabling them to respond to dynamic inputs, adapt to new conditions, and make predictive decisions. 2. **Predictive Analytics**: AI can analyse vast amounts of blockchain data to predict market trends, detect fraud, or optimise trading strategies in real time. 3. **Security Enhancements**: AI tools can monitor network activity for anomalies, providing early warnings about potential cyberattacks or protocol vulnerabilities. 4. **Autonomous Agents**: In projects like Fetch.ai, AI-powered agents perform complex tasks, like booking hotels or managing logistics, on behalf of users in decentralised environments. 5. **Optimised Resource Allocation**: AI can improve energy efficiency, transaction routing, and consensus protocols across blockchain networks. #### **Real-World Applications and Use Cases** - **Decentralised Finance (DeFi)**: AI models can optimise yield farming, automate trading strategies, and assess creditworthiness for crypto lending platforms. - **Supply Chain**: AI and blockchain together ensure end-to-end transparency and predictive logistics in global supply chains. - **Healthcare & Identity**: AI algorithms combined with blockchain-secured data can enable personalised health insights and verifiable identity frameworks. #### **Challenges and Considerations** Despite the exciting prospects, the integration of AI and blockchain comes with challenges. These include: - Data privacy concerns - Scalability issues - High computational costs - The need for regulatory clarity Moreover, AI decisions in decentralised systems must be explainable and transparent to ensure trust. #### **The Indian Outlook and Unocoin’s Potential Role** India is rapidly becoming a hub for both AI and crypto innovation. With government initiatives supporting AI development and increasing interest in digital assets, platforms like Unocoin are ideally positioned to explore and support AI-crypto integrations. Unocoin can educate users, list promising AI-focused tokens, and foster responsible innovation in this space. **Conclusion** AI-powered cryptocurrencies are opening new frontiers in blockchain innovation. From smart automation to intelligent trading, the fusion of AI and crypto holds the key to a more efficient, secure, and decentralised digital future. As adoption grows, platforms like Unocoin will play a crucial role in making these technologies accessible to mainstream investors in India. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** AI coins, blockchain, Defi --- ### [How Cryptocurrencies Are Empowering Emerging Economies](https://blog.unocoin.com/how-cryptocurrencies-are-empowering-emerging-economies/) **Published:** June 2, 2025 **Author:** Unocoin Growth **Content:** In recent years, emerging economies have increasingly turned to cryptocurrencies as powerful tools for financial inclusion and economic empowerment. With vast unbanked populations and limited access to traditional banking services, digital currencies present an alternative pathway for individuals to engage with the global economy. ### Why Crypto Appeals to Emerging Economies In many developing countries, banking infrastructure is either inadequate or inaccessible to large segments of the population. Cryptocurrencies offer a solution by enabling anyone with internet access to send, receive, and store value securely. - **Remittances:** Crypto can drastically reduce the cost of cross-border transfers, which is a lifeline for many families relying on remittances from abroad. - **Volatility Hedge:** In countries experiencing hyperinflation, digital assets provide a more stable store of value compared to local currencies. - **Access to Global Markets:** Crypto gives users a chance to participate in decentralized finance (DeFi), potentially opening new income streams and investment opportunities. ### Real-World Examples - **El Salvador** made headlines by adopting Bitcoin as legal tender, aiming to boost financial inclusion. - **Nigeria** has seen rapid adoption of peer-to-peer crypto platforms as a workaround to currency instability and strict banking controls. - **Argentina** citizens increasingly turn to stablecoins like USDT to preserve purchasing power amid soaring inflation. ### Challenges to Adoption Despite the promise, significant barriers remain: - **Regulatory Uncertainty:** Many governments lack clear frameworks, making crypto use legally ambiguous and potentially risky. - **Technological Gaps:** Limited internet access and low digital literacy in rural areas impede widespread adoption. - **Security Concerns:** Without proper safeguards, users are exposed to scams, hacks, and phishing attacks. ### Building for the Future To overcome these challenges, a collaborative approach is essential. Governments, private companies, NGOs, and international organizations must invest in: - **Education:** Raising awareness about safe crypto practices. - **Infrastructure:** Expanding internet access and mobile connectivity. - **Regulation:** Creating frameworks that balance innovation with consumer protection. ### The Road Ahead If these obstacles can be addressed, cryptocurrencies could become a cornerstone of economic transformation in developing nations. By enabling access to financial tools and empowering individuals to take control of their assets, crypto holds the potential to drive growth, resilience, and prosperity. As adoption increases, emerging markets could lead the way in showcasing how decentralized technologies can bridge the gap between financial exclusion and inclusion. --- *Interested in learning more about how crypto is reshaping the world? Follow our blog for insights, tips, and the latest developments in digital finance.* Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Cryptocurrency, Economics --- ### [Global Regulatory Trends: The Impact on Crypto Markets](https://blog.unocoin.com/global-regulatory-trends-the-impact-on-crypto-markets/) **Published:** May 28, 2025 **Author:** Unocoin Growth **Content:** The cryptocurrency market, once a largely unregulated frontier, is now entering a new phase marked by increasing global regulatory attention. Governments and financial institutions worldwide are taking more proactive roles in defining how digital assets should be managed, taxed, and traded. These global regulatory trends are significantly impacting the evolution of cryptocurrency markets, affecting prices, investor sentiment, and long-term innovation. ### **The Shift Toward Regulatory Clarity** Until recently, many crypto projects operated in legal grey areas. Now, the trend is moving toward clarity and enforcement. In the United States, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are actively pursuing cases to define which digital assets qualify as securities. Meanwhile, the European Union has introduced the Markets in Crypto-Assets (MiCA) regulation, a comprehensive framework aiming to create standardised rules across EU member states. MiCA is particularly impactful because it provides clear guidelines for stablecoins, exchanges, and wallet providers, thereby reducing uncertainty for businesses operating in the region. ### **Asia’s Strategic Approach** In Asia, the regulatory landscape varies significantly by country. Japan has been a pioneer in creating a licensing regime for exchanges, fostering a relatively stable market. Singapore continues to support blockchain innovation while enforcing strict Anti-Money Laundering (AML) and Know Your Customer (KYC) rules. On the other hand, China maintains a blanket ban on crypto trading and mining, while simultaneously advancing its Central Bank Digital Currency (CBDC), the digital yuan. This contrasting approach reflects a broader trend where governments recognize blockchain’s potential but aim to retain control over monetary systems. ### **The Ripple Effect on Crypto Markets** Global regulatory developments have a direct impact on market behavior. Positive news—such as the approval of Bitcoin ETFs in the U.S. or the launch of regulatory sandboxes in the UK—often triggers market rallies. Conversely, announcements of crackdowns or lawsuits can lead to rapid sell-offs and heightened volatility. The crypto market is highly sentiment-driven, and regulatory news frequently shapes that sentiment. Moreover, increased regulation is slowly shifting investor demographics. Retail investors once dominated the market, but institutional investors are now entering the space, attracted by improved compliance standards and custodial services. Regulatory clarity is a key enabler in this transition, as it provides institutions with a framework to engage without violating legal norms. ### **Long-Term Implications** In the long term, global regulatory trends are likely to create a more stable and mature market. With clearer rules, crypto companies can innovate with greater confidence, and investors can allocate capital more securely. However, overregulation remains a concern. Excessively strict rules may stifle innovation or push projects to relocate to more favorable jurisdictions. Thus, a balanced approach is critical. ### **Conclusion** The impact of global regulatory trends on the crypto markets is profound and ongoing. While the journey toward consistent, global regulation is still in progress, the trend toward clarity and compliance is undeniable. As governments continue to craft frameworks to govern digital assets, the crypto market is poised to become more stable, inclusive, and aligned with traditional financial systems. For investors and innovators alike, understanding these regulatory shifts is crucial for navigating the future of cryptocurrency. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** bitcoin, Cryptocurrency, Ethereum, Global Regulatory --- ### [DePINs Explained: Unlocking the Next Frontier in Decentralized Networks](https://blog.unocoin.com/depins-explained-unlocking-the-next-frontier-in-decentralized-networks/) **Published:** May 23, 2025 **Author:** Unocoin Growth **Content:** Decentralized Physical Infrastructure Networks (DePINs) represent one of the most promising frontiers in the evolution of Web3. By combining blockchain technology with real-world physical infrastructure, DePINs are creating decentralized alternatives to traditionally centralized services—such as telecommunications, storage, energy, and mobility—empowering individuals and communities to build and maintain public infrastructure through token incentives. ### **What Are DePINs?** DePINs, or Decentralized Physical Infrastructure Networks, refer to systems where decentralized technologies are used to deploy and manage real-world infrastructure. Participants contribute physical resources (e.g., network nodes, storage devices, wireless hotspots, or even EV charging stations) and receive rewards in the form of crypto tokens for their participation and maintenance. These systems rely on blockchain for coordination, payments, and verification, enabling trustless and transparent collaboration across large, distributed networks. Helium (for decentralized wireless), Filecoin (for decentralized storage), and DIMO (for vehicle data networks) are prime examples of DePINs in action. ### **How DePINs Work** DePINs operate through a simple but powerful model: 1. **Supply-Side Participation**: Individuals or entities deploy hardware devices—such as routers, servers, or sensors—to provide services like connectivity, data storage, or power distribution. 2. **Blockchain Coordination**: A decentralized ledger tracks contributions, verifies resource availability, and governs token rewards through smart contracts. 3. **Demand-Side Usage**: Users or applications access these services by paying with tokens or interacting directly with DePIN protocols. This model removes reliance on central authorities, enabling more efficient, resilient, and community-driven infrastructure. ### **Key Advantages of DePINs** - **Decentralization**: No single entity controls the network, reducing censorship and monopolistic behavior. - **Incentivization**: Contributors are rewarded for their participation, fostering grassroots growth and ecosystem sustainability. - **Resilience and Scalability**: DePINs can scale organically as more users and contributors join the network. - **Cost-Efficiency**: By leveraging idle resources and peer-to-peer models, DePINs often reduce operational costs. ### **Real-World Use Cases** - **Telecommunications**: Helium enables individuals to operate wireless hotspots that provide IoT and mobile connectivity. - **Storage**: Filecoin and Arweave create decentralised alternatives to cloud services like AWS and Google Cloud. - **Energy**: Projects like Power Ledger aim to decentralise energy distribution through peer-to-peer trading platforms. - **Mobility and Data**: Projects such as DIMO collect and monetise real-time data from vehicles using decentralised frameworks. ### **Challenges and Considerations** Despite their potential, DePINs face several hurdles: - **Hardware and Deployment Costs**: Initial setup can be costly, limiting participation. - **Regulatory Concerns**: Governments may impose restrictions, especially in the telecom or energy sectors. - **Network Reliability**: Ensuring quality and consistency of service in decentralised environments can be challenging. - **Security**: Physical infrastructure remains vulnerable to tampering or theft, requiring robust verification mechanisms. ### **Conclusion** DePINs are unlocking a powerful new model for building and scaling physical infrastructure through decentralised networks and token economies. As the world moves toward greater digitisation and decentralisation, DePINs offer an innovative path forward, putting control, ownership, and value back in the hands of users. With continued development and adoption, they could redefine how we interact with the physical world in a decentralised future. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Depins --- ### [Layer 2 Solutions: Boosting Blockchain Scalability and Efficiency](https://blog.unocoin.com/layer-2-solutions-boosting-blockchain-scalability-and-efficiency/) **Published:** May 26, 2025 **Author:** Unocoin Growth **Content:** Blockchain technology has made remarkable strides in decentralization, transparency, and security. However, one of its persistent challenges is scalability. As networks like Ethereum become more popular, they face issues like network congestion, high gas fees, and slower transaction speeds. To solve these problems without compromising the core principles of decentralization and security, Layer 2 solutions have emerged as a vital innovation in the blockchain ecosystem. ### **What Are Layer 2 Solutions?** Layer 2 solutions are secondary frameworks or protocols built on top of a base blockchain (Layer 1) like Ethereum. Their primary goal is to offload transaction processing from the main chain, thereby reducing congestion and increasing throughput. These solutions execute transactions off-chain and then settle final data or proofs on-chain, ensuring security and decentralization are preserved. ### **Types of Layer 2 Solutions** 1. **Rollups Rollups bundle multiple transactions into a single batch, which is then submitted to the main blockchain. They come in two main forms: - **Optimistic Rollups** (e.g., Optimism, Arbitrum): Assume transactions are valid and only run computations if a fraud proof is submitted. - **ZK-Rollups** (e.g., zkSync, StarkNet): Use zero-knowledge proofs to verify the validity of transactions without revealing private data. 2. **State Channels State channels allow participants to transact off-chain and only record the final state on-chain. This is useful for high-frequency transactions like gaming or micropayments (e.g., Lightning Network for Bitcoin). 3. **Plasma Plasma creates smaller child chains that interact with the main blockchain for anchoring data and dispute resolution. While less popular today, it was one of the earliest Layer 2 concepts. 4. **Sidechains These are independent blockchains that run in parallel with the main chain and are connected via two-way bridges. Polygon (formerly Matic) is one of the most well-known sidechain implementations. ### **Benefits of Layer 2 Solutions** - **Scalability**: They drastically increase the number of transactions per second (TPS) a blockchain can handle. - **Lower Fees**: By reducing the load on the main chain, Layer 2 solutions significantly cut transaction costs. - **Faster Transactions**: Off-chain processing results in quicker confirmations and a smoother user experience. - **Broader Adoption**: Reduced costs and improved performance encourage more users and developers to build on blockchain platforms. ### **Real-World Applications** Layer 2 solutions are already being integrated into decentralized exchanges (DEXs), NFT platforms, gaming ecosystems, and payment systems. For instance, Uniswap has launched on Arbitrum and Optimism, while games are adopting Immutable X (a ZK-rollup) for fast, gas-free NFT trading. ### **Challenges and the Road Ahead** Despite their advantages, Layer 2 solutions face challenges such as: - **Complexity**: Integrating Layer 2 requires technical adjustments from developers and users. - **Interoperability**: Bridging between Layer 1 and Layer 2 (and across different Layer 2s) can be risky and complex. - **Security Assumptions**: Some models rely on honest actors or delayed dispute resolution, which could pose risks. Still, the momentum behind Layer 2 development is strong, with Ethereum’s roadmap (including Danksharding and Proto-Danksharding) designed to enhance compatibility with Layer 2 systems. ### **Conclusion** Layer 2 solutions are not just a technical fix—they’re a foundational upgrade for the future of blockchain. By improving scalability, reducing costs, and enabling real-world usability, Layer 2 protocols are playing a crucial role in pushing blockchain adoption into the mainstream. As the ecosystem evolves, these technologies will continue to shape the way we interact with decentralized networks. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Crypto, Scalability --- ### [Bitcoin Hits All-Time High of $111K on Bitcoin Pizza Day 2025](https://blog.unocoin.com/bitcoin-hits-all-time-high-of-111k-on-bitcoin-pizza-day-2025/) **Published:** May 22, 2025 **Author:** Unocoin Growth **Content:** May 22, 2025 — Today will go down as one of the most historic days in Bitcoin’s journey. As the world celebrates *Bitcoin Pizza Day*, the original cryptocurrency smashed past the $111,000 mark for the first time ever—cementing its legacy as not just a digital asset, but a global monetary revolution. ### **Bitcoin Breaks $111K: The New Peak of Digital Gold** Bitcoin’s rally to $111K isn’t just technical—it’s symbolic. The 2024 halving has tightened supply, institutional buying through spot ETFs continues to surge, and geopolitical tensions have pushed investors toward hard assets. The market is no longer driven by retail FOMO alone—today, it’s the billion-dollar asset managers, sovereign funds, and global banks quietly loading up. ### **14 Years Ago: 10,000 BTC Bought 2 Pizzas** On this day in 2010, Laszlo Hanyecz made history by buying two Papa John’s pizzas for 10,000 BTC. Marked the first real-world use of Bitcoin. What was once laughed at as “internet money” is now being held in central bank reserves and treasury portfolios. [Bitcoin Pizza Day i](https://blog.unocoin.com/bitcoin-pizza-day-celebrating-the-slice-that-started-it-all/)s no longer just a quirky memory. It’s a testament to belief, patience, and technology that changed everything. ### **What It All Means** - **Bitcoin hitting $111K** confirms the start of a new institutional cycle. - **Pizza Day** reminds us how far we’ve come—and how early we still are. ### **Final Thought** From a $40 pizza order to a $2.1 trillion market cap, Bitcoin’s story has always been about belief. And today, that belief is being rewarded—not just with price, but with presence. The real question isn’t *if* Bitcoin will go further. The question is: **Will you be a part of the next chapter?** Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured --- ### [Bitcoin Pizza Day: Celebrating the Slice That Started It All](https://blog.unocoin.com/bitcoin-pizza-day-celebrating-the-slice-that-started-it-all/) **Published:** May 22, 2025 **Author:** Unocoin Growth **Content:** Every year on May 22nd, the global crypto community celebrates a quirky yet monumental event in Bitcoin’s history—**Bitcoin Pizza Day**. This seemingly ordinary day commemorates the first known real-world transaction using Bitcoin, and its significance is a reminder of how far the cryptocurrency space has come. ### **The one billion thirty million five hundred fifty-six thousand Pizza Story** On May 22, 2010, Laszlo Hanyecz, a programmer from Florida, made history by purchasing two large pizzas for 10,000 BTC. Back then, Bitcoin was a novel concept with no established market value. Hanyecz posted on a crypto forum offering the coins in exchange for pizza, and someone accepted. Two Papa John’s pizzas were delivered to his door in return for what would be worth **over one billion thirty million five hundred fifty-six thousand** at today’s value! While it may sound outrageous in hindsight, this transaction laid the foundation for Bitcoin as a medium of exchange rather than just a digital curiosity. Hanyecz didn’t regret the purchase—in fact, he said it was worth it to prove Bitcoin could be used in the real world. ### **Why Bitcoin Pizza Day Matters** Bitcoin Pizza Day is more than just a fun story. It marks the **beginning of Bitcoin’s journey toward mainstream adoption**. It showed the world that digital currencies could serve as money—not just a theoretical innovation but a usable financial tool. For investors, developers, and users alike, it’s a moment that reminds us how innovation often starts small. What began with two pizzas has evolved into an industry worth trillions, reshaping finance, technology, and even governance. ### **Bitcoin’s Evolution Since Then** Fast forward to 2025, and Bitcoin is no longer an underground experiment. It’s traded globally, recognized by institutions, and accepted by a growing number of merchants. Platforms like **Unocoin** have made it easier than ever for Indians to buy, sell, and use Bitcoin securely and conveniently. From payment integration to portfolio diversification, Bitcoin has matured into an asset class of its own. And it all started with a single transaction that valued 10,000 BTC at just $41. ### **Unocoin and the Spirit of Adoption** At Unocoin, we celebrate the bold steps shaping the future. Bitcoin Pizza Day is a powerful reminder of how a decentralised dream became a global movement. We’re proud to empower millions of Indians to be part of this journey, offering seamless crypto services that continue to expand Bitcoin’s utility. Whether you’re a seasoned HODLer or just starting your crypto journey, Bitcoin Pizza Day is a chance to reflect on blockchain technology’s milestones and limitless potential. ### **Let’s Celebrate the Slice!** So how can you celebrate Bitcoin Pizza Day? Maybe order a pizza with crypto, share the story with friends, or just take a moment to appreciate how one small act can ignite a revolution. Some crypto enthusiasts even recreate the original purchase—minus the 10,000 BTC price tag! As we look to the future, Bitcoin Pizza Day reminds us that innovation is fueled by experimentation, belief, and a little bit of fun. From a programmer’s pizza to a borderless financial system, Bitcoin’s story is still being written—and you’re part of it. **Happy Bitcoin Pizza Day from Unocoin!** Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin pizza day, Btc --- ### [From Art to Assets: How Tokenization is Revolutionizing Ownership](https://blog.unocoin.com/from-art-to-assets-how-tokenization-is-revolutionizing-ownership/) **Published:** May 21, 2025 **Author:** Unocoin Growth **Content:** In the age of blockchain technology, tokenization is redefining how we perceive and transfer ownership. By converting physical and intangible assets into digital tokens on a blockchain, tokenization opens up a new era of accessibility, liquidity, and transparency across industries—from fine art and real estate to stocks, music rights, and intellectual property. ### **What is Tokenization?** Tokenization is the process of representing ownership of real-world assets as digital tokens on a blockchain. Each token acts as a proof of ownership, allowing assets to be divided into smaller units and traded more easily. This process not only democratizes access to investment opportunities but also reduces transaction costs, settlement times, and reliance on intermediaries. ### **Tokenizing Art and Collectibles** Art has traditionally been a market for the wealthy, with high barriers to entry and limited liquidity. Tokenization changes that. Through Non-Fungible Tokens (NFTs), artists and collectors can authenticate, sell, and fractionalize ownership of artworks. Buyers can own a fraction of a valuable painting, gaining exposure to the art market without spending millions. Digital art platforms like OpenSea and Rarible have already facilitated this shift, making the art world more inclusive and accessible. ### **Real Estate and Physical Assets** Real estate tokenization is one of the most promising applications of this technology. Properties can be divided into digital shares, allowing investors to buy fractions of commercial or residential properties. This fractional ownership model enables global participation, lower investment thresholds, and increased liquidity in traditionally illiquid markets. Projects around the world are using blockchain to tokenize everything from rental properties to office buildings. ### **Financial Instruments and Intellectual Property** Beyond art and real estate, tokenization is being applied to securities, bonds, music royalties, and even patents. Musicians can tokenize streaming rights and receive royalties directly from fans and investors. Startups can raise funds by tokenizing equity shares without relying solely on venture capital. Intellectual property owners can trade or license their rights more efficiently through smart contracts that automate payments and rights management. ### **Benefits of Tokenization** - **Accessibility**: Fractional ownership makes high-value assets available to everyday investors. - **Liquidity**: Tokenized assets can be traded 24/7 on secondary markets. - **Transparency**: Blockchain provides a tamper-proof record of ownership and transaction history. - **Efficiency**: Smart contracts automate processes, reducing administrative overhead. ### **Regulatory and Technical Challenges** Despite its promise, tokenization faces challenges. Regulatory clarity is still evolving in many jurisdictions, especially concerning securities laws and investor protections. Technical hurdles such as interoperability between blockchains, custody solutions, and security standards must also be addressed. However, progress is being made, and industry collaboration is accelerating the development of compliant and scalable solutions. ### **Conclusion** Tokenization is more than a technological trend—it’s a paradigm shift in ownership. By transforming physical and intangible assets into digital representations, it empowers individuals, streamlines markets, and unlocks trillions in untapped value. As infrastructure and regulations mature, tokenization will continue to reshape finance, commerce, and creative industries in profound ways. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** digital tokens, Tokenization --- ### [Stablecoins Bridging Traditional Finance and the Crypto Economy](https://blog.unocoin.com/stablecoins-bridging-traditional-finance-and-the-crypto-economy/) **Published:** May 19, 2025 **Author:** Unocoin Growth **Content:** Stablecoins have emerged as one of the most transformative innovations in the digital asset ecosystem. Designed to minimize price volatility by being pegged to stable assets like fiat currencies (e.g., USD, EUR) or commodities (e.g., gold), stablecoins serve as a bridge between the traditional financial system and the rapidly evolving world of cryptocurrencies. ### **What Are Stablecoins?** Unlike Bitcoin or Ethereum, which can experience significant price swings, stablecoins aim to maintain a consistent value. The most common type is fiat-collateralized stablecoins, such as USDT (Tether), USDC (USD Coin), and BUSD (Binance USD), which are backed 1:1 by reserves held in bank accounts. Other forms include crypto-collateralized stablecoins like DAI, and algorithmic stablecoins, which use complex mechanisms to manage supply and demand. ### **Enhancing Financial Accessibility** One of the most valuable features of stablecoins is their ability to offer financial services without reliance on traditional banking infrastructure. In regions with unstable currencies or limited banking access, stablecoins provide a reliable store of value and a medium of exchange. This makes them particularly valuable in emerging markets and for cross-border transactions, where traditional remittance systems can be slow and expensive. ### **Driving Innovation in DeFi** Stablecoins are the backbone of decentralized finance (DeFi). They provide the liquidity needed for lending platforms, yield farming, and decentralized exchanges (DEXs). By enabling users to lend, borrow, and earn interest without volatility, stablecoins enhance the usability and efficiency of DeFi ecosystems. Their programmable nature also allows for the development of smart contracts that operate seamlessly across blockchain platforms. ### **Institutional and Retail Adoption** As trust in stablecoins grows, both retail users and institutional investors are adopting them for various use cases. Businesses use stablecoins for payroll and international settlements. Traders rely on them to hedge against market volatility. Meanwhile, governments and central banks are closely monitoring the rise of stablecoins, prompting discussions around Central Bank Digital Currencies (CBDCs), which could serve as regulated alternatives. ### **Regulatory Scrutiny and Compliance** With their growing influence, stablecoins have also attracted regulatory attention. Authorities are concerned about issues such as reserve transparency, systemic risk, and their potential impact on monetary policy. The recent push for regulation, particularly in the U.S. and EU, aims to ensure that stablecoins are adequately backed, secure, and compliant with AML and KYC regulations. This regulatory clarity is essential for building trust and encouraging further adoption. ### **Conclusion** Stablecoins are playing a pivotal role in uniting the best of both financial worlds—offering the speed and efficiency of crypto with the stability of traditional currencies. As the industry matures, stablecoins are expected to become integral to financial systems globally, driving financial inclusion, powering DeFi innovation, and enabling more seamless, transparent, and efficient economic interactions across borders. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto, Stablecoins, USDC, Usdt --- ### [Smart Contracts Get Smarter: Exploring AI’s Impact on Blockchain](https://blog.unocoin.com/smart-contracts-get-smarter-exploring-ais-impact-on-blockchain/) **Published:** May 14, 2025 **Author:** Unocoin Growth **Content:** In the ever-evolving world of technology, two innovations are reshaping industries at lightning speed — blockchain and artificial intelligence (AI). While both have individually revolutionized finance, supply chains, and digital interactions, their intersection opens up a new frontier of possibilities. One of the most exciting developments is the fusion of AI with smart contracts — creating intelligent, automated systems with the potential to redefine trust and decision-making in digital ecosystems. **What Are Smart Contracts?** Smart contracts are self-executing agreements written in code, deployed on blockchain networks like Ethereum, Solana, or even newer platforms being explored globally. Once the conditions coded into the contract are met, the contract automatically executes, removing the need for intermediaries. For example, a smart contract on a crypto lending platform can automatically release funds once collateral is deposited — no middleman needed. **Enter Artificial Intelligence** AI brings the power of machine learning, data analysis, and real-time decision-making to smart contracts. Traditionally, smart contracts work with fixed logic. But with AI integration, they can become adaptive — capable of interpreting complex data, learning from past interactions, and even predicting outcomes. Imagine a smart contract that can analyze market trends before executing a trade, or an insurance payout contract that can verify real-time weather data and satellite images using AI before disbursing a claim. This level of intelligence takes blockchain automation to an entirely new level. **Real-World Applications** 1. *DeFi and Algorithmic Trading:* AI-powered smart contracts can optimize trades based on real-time data from multiple exchanges. They can learn patterns and adjust strategies without human intervention, offering more efficient and secure trading options for Indian crypto users on platforms like Unocoin. 2. *Decentralized Insurance:* In agriculture, a smart contract could use AI to assess satellite imagery and rainfall data to determine if a crop has failed — and then automatically trigger a payout to the farmer, making claim settlements faster and more transparent. 3. *Supply Chain Verification:* AI can verify the authenticity of goods by analyzing IoT sensor data on the blockchain. Smart contracts could block counterfeit products or trigger alerts if tampering is detected — all automatically. **The Indian Context** India is rapidly embracing both AI and blockchain across sectors. With the government’s focus on digital infrastructure and a tech-savvy population, the integration of AI-powered smart contracts can unlock transformative benefits. Financial inclusion, real-time settlement systems, and transparent public welfare distribution could be achieved with minimal manual oversight. Platforms like Unocoin can play a crucial role by offering tools and education to developers and businesses interested in building AI-integrated blockchain applications. As India’s crypto adoption grows, these innovations can ensure smarter, more reliable, and inclusive financial systems. **What’s Next?** We are still in the early days of this integration. Regulatory clarity, ethical AI frameworks, and security standards will shape the pace of adoption. But the potential is undeniable — when smart contracts meet smart machines, we aren’t just automating transactions; we’re automating trust. At Unocoin, we believe in supporting this evolution by providing a secure, compliant, and forward-looking platform for India’s crypto future. The fusion of AI and blockchain isn’t just the next step — it’s a giant leap toward a smarter digital economy. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** AI role, blockchain, CryptovsAI --- ### [Bitcoin ETFs in 2025: A Catalyst for Institutional Crypto Adoption](https://blog.unocoin.com/bitcoin-etfs-in-2025-a-catalyst-for-institutional-crypto-adoption/) **Published:** May 12, 2025 **Author:** Unocoin Growth **Content:** The landscape of cryptocurrency investment is evolving rapidly, and at the center of this transformation is the rise of Bitcoin Exchange-Traded Funds (ETFs). In 2025, Bitcoin ETFs are not just a financial innovation — they are a gateway that’s accelerating institutional adoption and legitimizing crypto in the eyes of traditional finance. [**What Is a Bitcoin ETF?**](https://blog.unocoin.com/a-comprehensive-guide-to-bitcoin-etfs/) A Bitcoin ETF is a regulated investment vehicle that allows investors to gain exposure to Bitcoin without directly owning or managing the digital asset. Instead of holding Bitcoin in a digital wallet, investors can buy shares of a Bitcoin ETF through traditional stock exchanges, just like any other equity or mutual fund. **There are two main types of Bitcoin ETFs:** *Spot Bitcoin ETFs:* Backed by actual Bitcoin holdings. *Futures-based Bitcoin ETFs:* Based on Bitcoin futures contracts rather than holding the asset directly. In 2024 and continuing into 2025, spot Bitcoin ETFs gained significant traction, particularly after the U.S. Securities and Exchange Commission (SEC) approved several major offerings from firms like BlackRock, Fidelity, and Ark Invest. **Why Are Bitcoin ETFs a Game-Changer for Institutions?** 1. *Regulatory Clarity and Compliance* Institutions traditionally shy away from unregulated markets. Bitcoin ETFs provide a legal and regulated entry point into the crypto market. With custodianship handled by trusted financial firms, ETFs help meet institutional standards for risk management and compliance. 2. *Liquidity and Accessibility* Bitcoin ETFs trade on major stock exchanges, making them highly liquid and easily accessible to hedge funds, pension funds, and asset managers. This reduces the barriers to entry that institutions faced with direct crypto investments, such as setting up secure wallets or navigating crypto exchanges. 3. *Portfolio Diversification* Institutions can now diversify their portfolios with exposure to Bitcoin without having to deal with its technical complexities. ETFs make it easier to integrate crypto into traditional investment strategies and risk models. 4. *Boost to Market Credibility* Each new ETF approval acts as a vote of confidence in Bitcoin’s long-term value. As more blue-chip financial institutions enter the space, Bitcoin gains credibility not just as a speculative asset but as a legitimate store of value and hedge against inflation. **The 2025 Institutional Impact** So far in 2025, Bitcoin ETFs have attracted billions of dollars in inflows, significantly boosting Bitcoin’s market capitalisation and stability. Notably: BlackRock’s iShares Bitcoin Trust (IBIT) has seen consistent monthly inflows since its launch. Sovereign wealth funds and retirement funds in regions like Canada, Singapore, and Europe have begun allocating small but meaningful percentages to Bitcoin via ETFs. Institutional ownership is now responsible for over 25% of total ETF holdings, indicating growing confidence. **What does this mean for Indian Investors?** While Indian regulators have yet to approve a domestic Bitcoin ETF, Indian investors can still gain exposure through international platforms (with certain restrictions). For Indian institutions, the global success of Bitcoin ETFS could be a catalyst to re-evaluate crypto policies and open up pathways for regulated crypto investment in India. Meanwhile, individual investors can monitor ETF performance to better understand how institutional sentiment is shaping Bitcoin’s long-term price trajectory. **Final Thoughts** Bitcoin ETFs are more than just financial products — they are pivotal in bridging the gap between traditional finance and the digital asset economy. As we progress through 2025, ETFs are setting the stage for broader institutional adoption, driving market maturity, and ultimately shaping the future of crypto investing. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Bitcoin ETF 2025, Bitcoin etfs, Btc, Cryptocurrency --- ### [Green is the New Gold: How Eco-Friendly Cryptos Are Reshaping the Future of Finance](https://blog.unocoin.com/green-is-the-new-gold-how-eco-friendly-cryptos-are-reshaping-the-future-of-finance/) **Published:** May 7, 2025 **Author:** Unocoin Growth **Content:** As environmental concerns grow louder across the globe, sustainability has become a core theme in the evolution of digital finance. Green cryptocurrencies—blockchain projects designed to reduce energy consumption and carbon footprint—are not only gaining attention but attracting serious institutional capital. Historically, cryptocurrencies like Bitcoin have faced criticism for their high energy usage. But now, newer protocols are rising that align climate responsibility with financial innovation. At the forefront is **[Solana (SOL)](https://unocoin.com/in/exchange/inr/sol),** often referred to as the “Ethereum killer,” not just for its speed and cost-efficiency, but also for its low energy usage. A single Solana transaction consumes less energy than two Google searches—making it one of the most eco-friendly major blockchains in existence. Following closely are projects like Chia (XCH), which uses proof-of-space-and-time, and **[Algorand (ALGO)](https://unocoin.com/in/exchange/inr/algo),** which is carbon-negative by design. These chains are setting new benchmarks in both performance and environmental standards. Institutions, governments, and ESG-focused funds are now taking notice. With environmental, social, and governance (ESG) compliance becoming critical for large investors, green cryptocurrencies are emerging as a “must-have” category in long-term portfolios. More importantly, as Web3 adoption scales globally, enterprise partners, public sector pilots, and regulators will prefer energy-efficient blockchain platforms. Being green is no longer a niche—it’s a strategic advantage. Whether you’re a retail investor looking for ethical investments or an enterprise exploring sustainable tech infrastructure, green cryptocurrencies offer both purpose and potential. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** 2025 cryptos, Green cryptos --- ### [Bitcoin Nearing All-Time High: What It Means for Indian Crypto Investors](https://blog.unocoin.com/bitcoin-nearing-all-time-high-what-it-means-for-indian-crypto-investors/) **Published:** May 9, 2025 **Author:** Unocoin Growth **Content:** Bitcoin is once again nearing a major milestone, trading above the $102,000 level and inching closer to breaking its all-time high. As of May 9, 2025, Bitcoin is showing strong bullish momentum, with steady gains over the past few days. The recent push above the $100,000 mark highlights growing investor confidence and could signal the beginning of a new upward trend. Technical patterns show that [Bitcoin](https://unocoin.com/in/exchange/inr/btc) has been forming consistent higher lows since mid-April, a clear sign that buyers are in control. The 9-day simple moving average currently sits near $96,000, and BTC has remained above this level, confirming short-term strength in the market. Momentum indicators also support the rally, with the Relative Strength Index hovering around 69, a level that suggests strong demand but also hints at possible near-term consolidation. One of the most important price zones to watch is between $99,500 and $100,200. This region is acting as a major resistance zone, and a daily close above this level would likely open the door for further gains. Analysts believe that a breakout could carry Bitcoin toward the $105,000 to $110,000 range in the weeks ahead. On the flip side, if the price fails to hold above $100,000, there may be a short-term pullback toward the $94,000 to $95,000 support area. Apart from technical indicators, global and domestic factors are also helping boost sentiment. In the United States, the central bank has chosen to keep interest rates on hold, which is encouraging for risk assets like cryptocurrencies. Meanwhile, state-level initiatives, such as the proposal in Arizona to hold crypto as part of government reserves, signal long-term confidence in digital assets. These developments are being closely followed by investors around the world, including in India. For Indian crypto users, this renewed optimism presents an opportunity to reassess their investment strategy. The current environment favors long-term holding and strategic buying. As Bitcoin tries to establish a strong base above the $100,000 mark, it could signal the beginning of a fresh bull phase for the broader crypto market. **Also Read: [Bitcoin hits 100k For the first time in history](https://blog.unocoin.com/bitcoin-hits-100k-a-new-era-for-cryptocurrency/)** Looking ahead, Bitcoin is expected to trade between $95,000 and $105,000 during May, with a bullish outlook as long as it holds above key moving averages. If momentum continues, a weekly close above $100,000 could lead to accelerated gains in the second half of the month. However, some volatility is expected as traders take profits near key resistance levels. In conclusion, Bitcoin is not just pushing to break its old record—it is testing investor belief in its long-term potential. For those in India exploring digital assets through platforms like Unocoin, this could be a significant time to stay informed, plan systematically, and take advantage of opportunities as the market evolves. Stay cautious, stay updated, and stay invested. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** 2025 cryptos, bitcoin, Bitcoin at 100k, Btc --- ### [Building a Career in Blockchain: Opportunities for Indian Professionals](https://blog.unocoin.com/building-a-career-in-blockchain-opportunities-for-indian-professionals/) **Published:** May 2, 2025 **Author:** Unocoin Growth **Content:** The blockchain revolution is more than just a buzzword—it’s a transformative technology reshaping industries across the globe, and India is at the heart of this digital shift. As blockchain finds applications in finance, healthcare, supply chain, and even governance, the demand for skilled professionals is soaring. For Indian professionals, this offers an exciting opportunity to build a career in one of the most promising and dynamic sectors of the future. But what does it take to build a successful career in blockchain? And how can Indian professionals position themselves to take advantage of the opportunities in this growing industry? ### **Why Blockchain? Why Now?** Blockchain offers several advantages that make it a game-changer. It’s decentralized, transparent, secure, and immutable. This is why industries from banking to logistics to energy are increasingly exploring how to integrate blockchain into their operations. India, with its growing tech ecosystem, is uniquely positioned to be a leader in blockchain innovation. In 2023, India was ranked as one of the top countries for blockchain development, with numerous startups, enterprises, and government projects utilizing blockchain to solve real-world problems. The Indian government, too, is actively exploring the potential of blockchain in areas like digital identity, voting systems, and public records. For professionals, the blockchain space offers diverse career paths, high salaries, and the chance to work on groundbreaking technologies that will shape the future. ### **Key Career Opportunities in Blockchain** #### **1. Blockchain Developer** Blockchain developers are in high demand as companies look for skilled individuals to build, test, and maintain blockchain networks and applications. There are two main types of blockchain developers: - **Core Blockchain Developers:** Focus on developing the architecture and protocols for blockchain networks. - **Blockchain Application Developers:** Build decentralized applications (DApps) and smart contracts that run on blockchain networks. Skills required: Proficiency in programming languages like Solidity, Go, and Rust, along with a deep understanding of consensus mechanisms, cryptography, and blockchain protocols. #### **2. Blockchain Solutions Architect** A blockchain solutions architect is responsible for designing and developing blockchain-based systems tailored to specific business needs. This role combines technical expertise with business acumen, as professionals in this position must ensure that the blockchain solution meets both functional and security requirements. Skills required: Expertise in blockchain platforms (like Ethereum, Hyperledger, or Polkadot), architecture design, and a solid understanding of business processes. #### **3. Blockchain Project Manager** Project managers in the blockchain space oversee the execution of blockchain projects, ensuring that they are completed on time, within budget, and to the highest standards. This role is crucial for coordinating teams of developers, designers, and other stakeholders to bring blockchain initiatives to life. Skills required: Strong organizational and leadership skills, an understanding of blockchain technology, and experience in project management methodologies like Agile or Scrum. #### **4. Blockchain Security Expert** Blockchain’s decentralized nature offers enhanced security, but like any technology, it’s not immune to vulnerabilities. Blockchain security experts focus on ensuring the integrity of blockchain networks and developing security protocols to protect against cyberattacks and fraud. Skills required: Deep knowledge of cryptography, network security, and blockchain vulnerabilities, along with experience in penetration testing and security audits. #### **5. Blockchain Legal and Compliance Professionals** As blockchain continues to disrupt various sectors, the need for legal professionals to navigate the complex regulatory landscape is growing. Blockchain legal and compliance professionals help businesses understand the legal implications of adopting blockchain and ensure they comply with data protection, anti-money laundering (AML), and other regulations. Skills required: Legal expertise in financial services, digital law, data privacy laws, and knowledge of the regulatory environment surrounding cryptocurrencies and blockchain. ### **How to Start Your Blockchain Career in India** #### **1. Upskill and Learn** There are numerous online platforms that offer blockchain-specific courses, such as Coursera, Udemy, and edX. Indian universities like IITs and NITs are also increasingly offering blockchain-related programs. Gaining practical experience through hackathons, coding boot camps, or contributing to open-source blockchain projects is another great way to build your skills. #### **2. Get Involved in the Community** Blockchain is a rapidly evolving field, and staying up-to-date is crucial. Join blockchain communities, attend conferences, webinars, and meetups to network with industry professionals and gain insights into the latest trends. #### **3. Leverage India’s Blockchain Ecosystem** India has a thriving blockchain ecosystem, with numerous startups and established firms working on innovative blockchain solutions. Companies like WazirX, CoinDCX, and Polygon are driving blockchain adoption and are frequently on the lookout for skilled professionals. ### **Also read: [How to Secure Your Crypto ](https://blog.unocoin.com/how-to-secure-your-crypto-wallets-exchanges-best-practices/)** **Conclusion** Blockchain technology is revolutionizing industries, and the career opportunities in this space are vast and varied. For Indian professionals, the blockchain sector offers a chance to work on cutting-edge projects and play a key role in shaping the future of technology. By upskilling, staying engaged with the community, and leveraging India’s growing blockchain ecosystem, you can build a successful career in this dynamic and rewarding field. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Blockchain Developers, Blockchain Technology, Cryptocurrency --- ### [Is Solana’s Price Going Up? Discover the Reasons Behind the Rally](https://blog.unocoin.com/is-solanas-price-going-up-discover-the-reasons-behind-the-rally/) **Published:** April 25, 2025 **Author:** Unocoin Growth **Content:** **Solana (SOL)** is stealing the spotlight once again—and this time, it’s not just hype. After weathering the storm of a volatile 2022–23, SOL is making a strong comeback with impressive price momentum. 🔹 **Current Price:** **$153.43** 🔹 **April 7th Low:** Around **$100** 🔹 **Growth in 2 Weeks:** Over **50%** That’s a rally that puts Solana among the top-performing altcoins this quarter. ### **Strong Fundamentals Back the Surge** This isn’t just another short-term spike. Solana’s fundamentals are stronger than ever, thanks to recent network upgrades that have: - Reduced congestion - Cut down transaction delays - Improved scalability With 400ms block times and transaction fees under $0.01, Solana continues to deliver one of the fastest and cheapest blockchain experiences among all Layer 1s. [**Buy Solana at Unocoin Now!**](https://unocoin.com/in/exchange/inr/sol) ### **Real-World Ecosystem Activity** Solana’s ecosystem is seeing real growth—not just price speculation: - DeFi protocols like Jupiter and MarginFi are surging in volume - NFT and GameFi activity is on the rise - Active wallets across dApps are steadily increasing This growing on-chain activity supports sustainable token demand and showcases healthy network usage. ### **Institutions Are Watching** Solana is not just attracting retail investors—institutional interest is back: - New validator incentive programs are being rolled out - ETF talks are surfacing around SOL - Big funds are re-evaluating their exposure to Solana as part of their broader altcoin strategies This renewed narrative is boosting market sentiment and long-term confidence. ### **What the Charts Say** Analysts are keeping a close eye on $147.50—a key breakout level. 🔸 Break Above: Already achieved, opening the door to $155–$160 and potentially beyond 🔸 Rejection Zone: If momentum fades, a healthy correction toward $140–$145 is possible Traders are advised to monitor volume and confirmation levels, while long-term holders see this as a strategic accumulation window. ### **The Road Ahead** With Bitcoin holding strong and altcoins gaining traction,[ Solana is poised to play a big role in the 2025 bull cycle.](https://blog.unocoin.com/solana-price-prediction-can-solana-reach-1000-in-2025-2030/) Whether you’re: ✅ Day trading SOL ✅ Accumulating for the long term ✅ Building in the Solana ecosystem One thing’s for sure: Solana’s price journey is one of the most exciting stories in crypto right now. **Categories:** Blog, Featured **Tags:** Cryptocurrency, sol, Solana price --- ### [Preparing for the Next Bitcoin Halving: Strategies for Investors](https://blog.unocoin.com/preparing-for-the-next-bitcoin-halving-strategies-for-investors/) **Published:** April 25, 2025 **Author:** Unocoin Growth **Content:** Every four years, the Bitcoin network undergoes a highly anticipated event known as the **Bitcoin halving**. It’s a built-in mechanism that cuts the block reward for miners by half—essentially reducing the rate at which new Bitcoins are introduced into circulation. While it might seem like a technical update, each halving has historically triggered massive price surges and shifts in market sentiment. With the next halving expected in **2028** (following the most recent one in April 2024), investors—especially in India—are already gearing up. Here’s why halving matters and how you can prepare for it strategically. ### **Why Does Bitcoin Halving Matter?** Bitcoin’s supply is capped at 21 million coins. Halving ensures that new BTC is introduced at a predictable, decreasing pace. The reward miners receive for validating transactions halves approximately every 210,000 blocks (roughly every four years), reducing supply while demand continues to grow. Historically, halving events have preceded major bull runs: - **2012 Halving** → BTC rose from ~$12 to ~$1,000 within a year. - **2016 Halving** → BTC went from ~$650 to ~$20,000 by 2017. - **2020 Halving** → BTC jumped from ~$9,000 to an all-time high of ~$69,000 in 2021. - **2024 Halving** → Ongoing; price action and patterns are still developing. ### **Investor Strategies to Prepare for the Next Halving** #### **1. Accumulate Early (Dollar-Cost Averaging)** Don’t wait until the hype builds up. Start accumulating Bitcoin gradually through **dollar-cost averaging (DCA)**—investing a fixed amount regularly, regardless of price. This reduces risk and protects you from short-term volatility. Also read: [How to buy Bitcoin in India?](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/) **2. Understand Market Cycles** Bitcoin tends to follow a four-year cycle around halving events: - Year 1: Post-halving accumulation - Year 2: Bull run - Year 3: Market top and correction - Year 4: Bear market and re-accumulation Knowing this helps you set realistic expectations and avoid emotional decision-making. #### **3. Rebalance Your Portfolio** As the halving approaches, reassess your portfolio allocation. While BTC might take center stage, altcoins often follow its momentum. Allocate capital wisely—consider holding a higher percentage in Bitcoin for stability and a smaller portion in altcoins for higher risk/reward. #### **4. Watch Miner Behavior** Miners play a crucial role. After a halving, some inefficient miners exit the network due to reduced profitability, which can temporarily affect the hash rate and price. Keep an eye on mining difficulty, hash rate, and on-chain metrics as indicators of broader network health. #### **5. Stay Informed, Not Hype-Driven** In India, crypto regulations are evolving. Stay updated with tax implications, exchange security, and government policies. Avoid pump-and-dump groups or social media FOMO—rely on data-driven analysis. ### **Final Thoughts** Bitcoin halving is more than a supply cut—it’s a psychological event that resets the crypto market. While it doesn’t guarantee immediate price action, history shows that it often kickstarts powerful long-term bullish trends. For Indian investors, this is an opportunity to strategize thoughtfully, invest gradually, and stay ahead of the curve. Whether you’re a first-time crypto enthusiast or a seasoned trader, the next Bitcoin halving could be your window into building generational wealth—if approached wisely. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [The Intersection of AI and Blockchain: Exploring Innovative Use Cases](https://blog.unocoin.com/the-intersection-of-ai-and-blockchain-exploring-innovative-use-cases/) **Published:** April 23, 2025 **Author:** Unocoin Growth **Content:** Artificial Intelligence (AI) and blockchain are two of the most revolutionary technologies of our time. Individually, they hold immense potential—but together, they create powerful synergies that can reshape industries. As India and the global tech landscape continue to evolve, the intersection of AI and blockchain opens up a world of secure, intelligent, and decentralized possibilities. Let’s explore how this fusion leads to innovative use cases and what it means for the future of digital infrastructure. ### **Why Combine AI and Blockchain?** At their core, AI and blockchain solve different but complementary problems: - **AI** processes massive amounts of data, learns from it, and makes intelligent predictions or decisions. - **Blockchain** ensures the integrity, transparency, and immutability of data across decentralized networks. Together, AI can become more trustworthy and explainable, while blockchain becomes smarter and more adaptive. ### **1. [Decentralized](https://blog.unocoin.com/decentralized-finance-defi-revolutionizing-the-indian-financial-landscape/) AI Marketplaces** Traditionally, access to powerful AI models is limited to big tech companies. Blockchain is changing this through decentralized AI marketplaces. These platforms allow developers to share, sell, or license AI models on-chain, while ensuring intellectual property protection and payment through crypto. **Example:** Platforms like Ocean Protocol or Singularitynet enable AI developers and data scientists to monetise their work, making AI more accessible and open-source. ### **2. Secure Data Sharing for Machine Learning** AI thrives on data, but sharing sensitive information, like medical or financial records, can lead to privacy concerns. Blockchain provides a secure way to share data across organizations without compromising user privacy, using smart contracts and encryption. **Use Case:** In healthcare, multiple hospitals can contribute anonymized patient data to train better AI models for disease prediction, all while maintaining compliance through a blockchain audit trail. ### **3. AI-Powered Smart Contracts** [Smart contracts](https://blog.unocoin.com/ethereum-vs-solana-who-will-dominate-smart-contracts-in-2025/) are programmable agreements on the blockchain. When integrated with AI, they can evolve from simple “if-this-then-that” rules to intelligent, self-improving systems. **Example:** In decentralized finance (DeFi), AI can be used to monitor market volatility and dynamically adjust smart contract parameters (like loan collateralization) in real time. ### **4. Fraud Detection and Cybersecurity** AI is already used for detecting fraudulent transactions, but when combined with blockchain’s transparent ledger, the process becomes much more robust. Blockchain ensures that data isn’t tampered with, while AI analyzes patterns to flag anomalies. This is particularly useful for financial institutions and crypto exchanges trying to prevent hacks, phishing, and wash trading. ### **5. Personalized Web3 Experiences** In Web3 platforms, AI can enhance user experiences through personalization, recommendation engines, and chatbots, while blockchain ensures ownership of data stays with the user. This empowers users to monetize their own data if they choose, flipping the Web2 model on its head. ### **The Road Ahead** As both AI and blockchain mature, their convergence will drive the next wave of innovation. From decentralized autonomous organizations (DAOs) governed by AI, to self-driving supply chains powered by blockchain-based IoT data, the possibilities are endless. For developers, entrepreneurs, and investors in India, this intersection offers an opportunity to lead in a space that is still emerging. The fusion of intelligent automation and decentralized trust isn’t just futuristic—it’s already happening. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** AI & Blockchain, Blockchain Technology, Cryptocurrency --- ### [Leveraging Crypto for Cross-Border Transactions: Benefits for Indian Businesses](https://blog.unocoin.com/leveraging-crypto-for-cross-border-transactions-benefits-for-indian-businesses/) **Published:** April 22, 2025 **Author:** Unocoin Growth **Content:** In an increasingly global economy, cross-border transactions are vital for Indian businesses—exporting goods, outsourcing services, or working with international freelancers. However, traditional methods of international payments come with significant hurdles: high transaction fees, currency conversion losses, long settlement times, and excessive bureaucracy. This is where cryptocurrency steps in as a game-changer. By leveraging blockchain technology, Indian businesses can send and receive payments across borders faster, more transparently, and cost-effectively. ### **The Traditional Bottlenecks** Cross-border payments via traditional banking systems like SWIFT or wire transfers can take days to settle. They often involve multiple intermediaries, resulting in inflated fees and a lack of transparency about the final amount received. Additionally, small businesses and startups may face challenges accessing international banking services or dealing with regulatory red tape. For service-based industries like IT, digital marketing, and content creation, receiving international payments quickly and affordably is often the difference between smooth operations and cash flow crunches. ### **How Crypto Solves These Challenges** #### **1. Faster Settlement Times** Cryptocurrency transactions are processed on the blockchain and can settle in minutes, regardless of geography. This is a massive advantage for Indian exporters, freelancers, and SaaS providers who otherwise wait days for a payment to clear. #### **2. Lower Transaction Costs** Compared to traditional banking systems that may charge 3–5% in fees (or more), crypto transactions can cost a fraction, even under a dollar, depending on the blockchain used. Layer 2 solutions and altcoins like XRP, XLM, or USDT on TRON further reduce costs, making micro-payments and large settlements equally viable. #### **3. Borderless and Inclusive** Cryptocurrencies are inherently borderless. Businesses in Tier 2 or Tier 3 cities in India, often underserved by international banks, can now directly receive global payments using a crypto wallet and an internet connection. #### **4. No Currency Conversion Hassles** [Stablecoins](https://blog.unocoin.com/the-vital-role-of-stablecoins-in-the-crypto-ecosystem/) like USDT and USDC, pegged to the US Dollar, protect Indian businesses from currency volatility. They also remove the need for complex forex conversions and make it easier to invoice international clients in USD-equivalent terms. #### **5. Transparency and Traceability** Blockchain provides a public ledger where transactions can be verified in real time. This transparency builds trust and simplifies accounting, especially for audits and financial reporting. ### **Real Use Cases in India** - **Freelancers** on platforms like Upwork and Fiverr are increasingly opting to receive payments in crypto. - **E-commerce exporters** are using stablecoins to get instant settlements from global buyers. - **Tech startups** working with international partners use crypto for quicker vendor payments and funding rounds. ### **Navigating the Regulatory Landscape** While India’s regulatory stance on crypto is still evolving, businesses can legally hold and transact in crypto as long as they comply with tax and KYC norms. Using stablecoins for cross-border payments offers a legal grey area that many startups are cautiously navigating. With proper documentation and transparency, crypto can be integrated safely into business operations. ### **Final Thoughts** For Indian businesses eyeing global markets, cryptocurrency isn’t just a buzzword—it’s a tool for empowerment. It reduces friction, enhances cash flow, and brings small enterprises on par with global competitors. As crypto adoption grows and regulations mature, it’s time Indian businesses start embracing blockchain-powered payments for a smarter, faster, and more inclusive global trade experience. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** 2025 cryptos, Cryptocurrency, Levarage --- ### [Decentralized Finance (DeFi): Revolutionizing the Indian Financial Landscape](https://blog.unocoin.com/decentralized-finance-defi-revolutionizing-the-indian-financial-landscape/) **Published:** April 17, 2025 **Author:** Unocoin Growth **Content:** Decentralised Finance, popularly known as DeFi, is no longer just a buzzword in the global crypto space—it’s steadily gaining traction in India, a country with a vast population of unbanked and underbanked citizens. By leveraging blockchain technology, DeFi offers a fresh perspective on how financial systems can function—trustless, borderless, and permissionless. In a country where financial inclusion and transparency are ongoing challenges, DeFi could be the key to bridging the gap. ### **Understanding DeFi** DeFi refers to financial services built on decentralized blockchain platforms, primarily Ethereum and increasingly Solana, Avalanche, and others. Unlike traditional finance (TradFi), which relies on centralised authorities such as banks and governments, DeFi eliminates intermediaries through smart contracts. These self-executing contracts handle lending, borrowing, trading, and yield farming without human intervention. ### **India’s Current Financial Challenges** Despite strides in digitization through initiatives like UPI and Jan Dhan Yojana, a significant portion of India’s population still lacks access to formal banking services. Rural areas face hurdles such as limited infrastructure, bureaucratic red tape, and high dependency on cash. Traditional lending systems often exclude those without credit history or collateral, leaving millions underserved. DeFi steps into this gap with innovative solutions. Individuals can participate in a global financial ecosystem with just a smartphone and internet access. No credit scores, no branch visits—just decentralized protocols that offer transparency, inclusivity, and security. ### **Why India Is Ripe for a DeFi Boom** India has the largest youth population in the world, a growing base of crypto enthusiasts, and one of the highest rates of smartphone penetration. Combine this with the increasing dissatisfaction with centralized financial systems, and the conditions are ideal for a DeFi revolution. Projects offering micro-lending, staking, decentralized exchanges (DEXs), and asset tokenization are particularly relevant in India. These platforms provide real returns on savings, easy access to loans, and financial autonomy, especially crucial for freelancers, small business owners, and gig workers who may not qualify for traditional financial products. ### **Regulatory Grey Areas** Despite its promise, DeFi in India exists in a regulatory grey zone. The lack of a clear framework creates uncertainty for developers and investors alike. However, this also presents an opportunity. With the right policy support, India could become a global DeFi innovation hub. Regulations focused on protecting users without stifling innovation can help the ecosystem flourish responsibly. ### **The Road Ahead** As DeFi continues to evolve, we can expect more user-friendly interfaces, better scalability, and stronger security protocols. Integration with Web3, NFTS, and the metaverse will further expand DeFi’s utility. For India, the DeFi movement is more than a technological advancement—it’s a socioeconomic shift. It represents a future where financial freedom isn’t limited by geography, income, or institutional barriers. With strategic education, responsible regulation, and continued innovation, DeFi can revolutionize the Indian financial landscape, empowering every Indian to control their wealth on their own terms. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto, decentralised Finance, Defi --- ### [Best Practices for Indian Investors: Safely Storing Your Bitcoin in 2025](https://blog.unocoin.com/best-practices-for-indian-investors-safely-storing-your-bitcoin-in-2025/) **Published:** April 11, 2025 **Author:** Unocoin Growth **Content:** As Bitcoin adoption continues to grow across India, so does the importance of securely storing it. Whether you’re holding Bitcoin for the long haul or actively trading, protecting your digital assets is no longer optional—it’s essential. With increasing cyber threats, phishing attacks, and scam incidents in the crypto space, Indian investors must be extra vigilant. In this blog, we break down the best practices for [securely storing your Bitcoin in 2025](https://blog.unocoin.com/how-to-secure-your-crypto-wallets-exchanges-best-practices/)—ensuring peace of mind in your investment journey. ## **1. Understand Your Storage Options** Bitcoin storage typically falls under two categories: - **Hot Wallets** (connected to the internet): Ideal for active traders who need frequent access. Examples include mobile apps and web wallets like the Unocoin wallet. - **Cold Wallets** (offline storage): Best for long-term holders or “HODLers.” These include hardware wallets and paper wallets, offering more security from online threats. Unocoin offers both convenience and safety through its in-app wallet with robust security features, but for larger holdings, consider moving a portion to cold storage. ## **2. Use Hardware Wallets for Long-Term Storage** For investors planning to hold Bitcoin for years, **hardware wallets** are the gold standard. Devices like Ledger and Trezor are small USB-like tools that store your private keys offline, making them immune to online hacks. While they come at a cost, their reliability makes them a worthwhile investment for serious holders. ## **3. Never Share Your Private Keys or Seed Phrase** Your **private key or recovery seed phrase** is essentially the password to your Bitcoin. If someone has access to it, they can access your funds. - Never store it on your phone, email, or cloud services. - Write it down and keep it in a physically secure location—ideally multiple backups in different places. - Do not share it with anyone, even if they claim to be from customer support. ## **4. Enable 2FA and App Locks** Always enable **Two-Factor Authentication (2FA)** on your Unocoin account and any other crypto services you use. This adds an extra layer of security and makes unauthorized access far more difficult. Set up app locks, biometric authentication, and secure PINs for your mobile wallet app. These small steps make a big difference in keeping your Bitcoin safe. ## **5. Beware of Scams and Phishing** In 2025, crypto scams have become more sophisticated. Be cautious of: - Fake giveaway posts or celebrity endorsements - Emails or messages asking for wallet access or keys - Clicking unknown links that mimic crypto websites Only use the official Unocoin website or app to log in, and double-check the URL. ## **6. Regularly Monitor Your Wallet Activity** Keep an eye on your wallet activity and set up alerts for any outgoing transactions. The Unocoin app lets you track your balance, monitor transaction history, and get notified of key movements in your account. ## **Conclusion** Your Bitcoin is only as secure as the measures you take to protect it. With smart storage practices, the right tools, and vigilance, you can confidently navigate your crypto journey. At Unocoin, we’re committed to helping Indian investors store, trade, and grow their Bitcoin—safely and smartly. **Invest smart. Store safe. HODL strong.** Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** bitcoin, Cold Wallet, Hot wallet, Storing BTC --- ### [Understanding the Impact of Global Economic Events on Bitcoin Prices](https://blog.unocoin.com/understanding-the-impact-of-global-economic-events-on-bitcoin-prices/) **Published:** April 9, 2025 **Author:** Unocoin Growth **Content:** In the ever-evolving world of finance, Bitcoin has carved out its place as a powerful, decentralized asset. But despite its independence from central banks or governments, Bitcoin doesn’t exist in a vacuum. In fact, global economic events—from inflation data to political tensions—have a direct and sometimes dramatic impact on its price. As we step into 2025, it’s clear that Bitcoin is increasingly intertwined with the broader global economy. Let’s explore how major economic developments shape Bitcoin’s value and what this means for Indian investors. ## **1. Inflation and Interest Rates** One of the most significant factors affecting Bitcoin’s price is inflation. In countries where inflation is high, people often turn to Bitcoin as a hedge against the devaluation of fiat currency. When central banks, like the US Federal Reserve or the RBI, adjust interest rates to control inflation, it ripples across global markets—including crypto. Higher interest rates tend to pull liquidity out of riskier assets, leading to a temporary dip in Bitcoin’s price. Conversely, when rates are low, investors seek higher returns, and Bitcoin often becomes an attractive option. ## **2. Geopolitical Tensions and Uncertainty** Geopolitical unrest—such as wars, trade tariffs, or political instability—can cause traditional markets to panic. During such times, Bitcoin has shown mixed behavior: sometimes acting as a “safe-haven” asset, and at other times falling alongside equities. A recent example is how tensions between major economies have influenced Bitcoin’s price. The uncertainty drives people to reassess their portfolios, and Bitcoin’s decentralized nature makes it appealing as an alternative to traditional assets. ## **3. Currency Crises and Devaluation** In countries facing currency crises or capital control restrictions, Bitcoin often becomes a financial lifeline. Whether it’s Argentina, Turkey, or even smaller economies, citizens are increasingly using Bitcoin to preserve their wealth and access global financial systems. India hasn’t experienced such severe devaluation in recent times, but the Rupee’s long-term performance and inflation rates still influence how Indians view Bitcoin—as a hedge or an investment. ## **4. Global Adoption and Regulatory Shifts** When global giants like BlackRock, Tesla, or governments begin to accept or reject Bitcoin, the market reacts immediately. [Institutional adoption](https://blog.unocoin.com/bitcoin-etfs-institutional-adoption-how-big-money-is-changing-crypto/) adds credibility and demand, pushing prices upward. On the other hand, sudden regulatory crackdowns (like China’s mining bans or SEC lawsuits) can send shockwaves across the market. In 2025, many countries are establishing clearer regulatory frameworks. India too is making steady progress, with taxation and compliance mechanisms indicating acceptance, albeit with caution. These shifts help stabilize market behavior and reduce knee-jerk reactions. ## **5. What It Means for Indian Investors** For investors on Unocoin, understanding these global cues is key. Bitcoin is no longer just a speculative asset—it’s a reflection of the global financial climate. By staying informed about macroeconomic trends and geopolitical developments, you can make smarter investment decisions. We recommend diversifying your portfolio, setting stop-loss strategies, and using tools available on Unocoin for price alerts and market insights. ## **Conclusion** Bitcoin may be decentralized, but its price is deeply connected to global events. From inflation and interest rates to political uncertainty and international adoption, every headline can influence its trajectory. At Unocoin, we’re here to help you stay ahead of the curve—with tools, education, and a secure platform designed for the Indian crypto investor. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Cryptocurrency, Global Economics --- ### [The Rise of Meme Coins: Evaluating Their Place in Your Portfolio](https://blog.unocoin.com/the-rise-of-meme-coins-evaluating-their-place-in-your-portfolio/) **Published:** April 7, 2025 **Author:** Unocoin Growth **Content:** In recent years, the Indian crypto community has witnessed a fascinating trend — the rise of meme coins. What began as internet jokes has now become a serious conversation among investors, especially the younger, tech-savvy generation. In 2025, meme coins are no longer fringe assets. They’re a powerful reflection of community-driven finance and the evolving digital culture that India is fast embracing. ## **What Are Meme Coins?** Meme coins are cryptocurrencies inspired by memes, internet jokes, or pop culture references. Unlike [Bitcoin](https://unocoin.com/in/exchange/inr/btc) or [Ethereum](https://unocoin.com/in/exchange/inr/eth), which are built around a strong technological foundation or specific use cases, meme coins often rely more on community enthusiasm and social media buzz than actual utility. [Dogecoin](https://unocoin.com/in/exchange/inr/doge) (DOGE), created as a parody of the crypto boom, started this trend. It was followed by coins like [Shiba](https://unocoin.com/in/exchange/inr/shib) Inu (SHIB), which quickly gathered massive followings and billions in market capitalization. These tokens thrive on community energy and the belief that financial systems can also be fun, democratic, and even a little unpredictable. ## **Why Are Meme Coins Gaining Popularity in India?** ### **1. Youth Power & Social Media** India has one of the largest young populations globally, with high internet and smartphone penetration. Memecoins fit naturally into a culture where trends go viral overnight. Crypto discussions are buzzing on Telegram, Twitter (X), and Reddit, with Indian communities often leading the charge. ### **2. Low Entry Barrier** Many meme coins are priced very low, making them attractive for beginners who want to test the waters without investing large amounts. This affordability, even if symbolic, provides a sense of participation in the larger crypto ecosystem. ### **3. Community & Culture** Unlike traditional finance, where investors often feel disconnected from institutions, meme coin communities are highly engaging. Holding meme’s becomes more than an investment — it becomes part of an identity. For many Indians, it’s also a way to feel part of the global crypto narrative. ## **Risks to Consider Before Investing** Despite the hype, meme coins carry significant risks: - **High Volatility**: Prices can skyrocket overnight but drop just as quickly. Memecoins are highly susceptible to social media trends and influencer tweets. - **Lack of Utility**: Many meme coins don’t have a real-world use case. While some are evolving into ecosystems, many still rely purely on hype. - **Regulatory Uncertainty**: In India, while crypto is not banned, regulations are still evolving. Meme coins might face stricter scrutiny in the future, especially those lacking transparency or governance. [Know the latest Meme coins on Unocoin](https://blog.unocoin.com/new-coin-listing-axelar-memecoin-and-pixel-on-unocoin/) ## **How to Approach Meme Coins Safely** At Unocoin, we always recommend responsible investing. If you’re exploring meme coins, treat them like high-risk, high-reward assets. Allocate only a small portion of your portfolio and always DYOR (Do Your Own Research). Check the community’s strength, roadmap, and liquidity before investing. We also encourage users to store their meme coin investments securely, avoid panic trading, and keep up with the latest crypto developments through trusted sources like Unocoin’s platform and blog. ## **Final Thoughts** Memecoins may have started as jokes, but in 2025, they’re shaping the way we think about money, culture, and community. Whether you’re in it for fun, gains, or both — understanding their potential and risks is key. With Unocoin by your side, you can explore the crypto universe — memes and all — with confidence Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto, MEMECOINS, Top Meme Coins --- ### [IPL 2025 Predict and win](https://blog.unocoin.com/ipl-2025-predict-and-win/) **Published:** April 7, 2025 **Author:** Unocoin Growth **Content:** ### **Terms & Conditions – Unocoin’s IPL 2025 Predict & Win** 1️⃣ **Eligibility:** - Open to all Unocoin social media followers. - Participants must **comment on their prediction, follow [@Unocoin Twitter](https://x.com/Unocoin) Handel, and retweet the post** to qualify. 2️⃣ **Prediction Rules:** - Users must predict the correct match winner before the match starts. - Only one prediction per user per match is allowed. 3️⃣ **Winning Criteria:** - To win ₹500 worth of Bitcoin, a participant must correctly predict **5 consecutive matches**. - If a participant makes an incorrect prediction at any stage, their streak resets to zero. 4️⃣ **Reward Distribution:** - **One lucky Winner** will be announced on Unocoin’s official social media handles once the campaign Ends. - Bitcoin rewards will be credited to the user in the form of Coupon code within **7 working days**. - Users must have a verified Unocoin account to receive rewards. 5️⃣ **General Terms:** - Unocoin reserves the right to modify or cancel the contest at any time. - Any form of spam, bot activity, or multiple entries from the same user will lead to disqualification. - This contest is not affiliated with IPL or any cricketing body. **By participating, you agree to these Terms & Conditions. Good luck!** **Categories:** Blog, Featured **Tags:** Crypto IPL, IPL --- ### [Navigating Crypto Regulations in India: What You Need to Know in 2025](https://blog.unocoin.com/navigating-crypto-regulations-in-india-what-you-need-to-know-in-2025/) **Published:** April 4, 2025 **Author:** Unocoin Growth **Content:** The crypto landscape in India has undergone a seismic shift over the past few years. From uncertainty and crackdowns to cautious optimism and Crypto regulatory frameworks, 2025 marks a pivotal year for digital assets in the country. As India’s crypto industry matures, understanding the current regulatory environment is essential for investors, traders, and businesses. At Unocoin, we aim to break down these developments and help you navigate them with confidence. ### **The Evolving Legal Landscape** Until recently, the Indian crypto market operated in a grey zone—functioning with massive adoption but without clear legal guidelines. However, the government has gradually shifted from skepticism to regulation. The 2025 Union Budget reinforced this by continuing the 30% tax on crypto gains and 1% TDS on transactions. While some in the community argue that these rates are steep, they also indicate that digital assets are here to stay—recognized, if not fully embraced. What’s new in 2025? There’s growing talk about differentiating between types of digital assets—utility tokens, security tokens, and cryptocurrencies like Bitcoin—each potentially falling under [different regulations](https://blog.unocoin.com/crypto-regulation-in-2025-what-investors-need-to-know/). This categorization could be a game-changer, paving the way for more tailored rules and less blanket taxation. ### **RBI and the CBDC Factor** The Reserve Bank of India (RBI) continues its cautious stance on private cryptocurrencies, favoring its own Central Bank Digital Currency (CBDC), the Digital Rupee. While the Digital Rupee is gaining traction for payments and cross-border settlements, it doesn’t directly compete with decentralized currencies like Bitcoin or Ethereum. Instead, it complements the ecosystem, showing that digital innovation and regulation can coexist. This dual approach—tight scrutiny on private tokens alongside a state-backed digital currency—signals that the RBI is open to digital finance, provided it ensures financial stability. ### **SEBI’s Role and Investor Protection** In 2025, SEBI (Securities and Exchange Board of India) has started playing a more active role in overseeing crypto projects that resemble securities. This is a positive step toward protecting investors from scams and rug pulls, which plagued the space during earlier bull runs. More importantly, SEBI’s involvement could lead to new financial products like crypto ETFs or regulated staking platforms—bringing more credibility and structure to the industry. ### **What It Means for You** For Indian investors, the message is clear: crypto is no longer in legal limbo, but it’s also not a free-for-all. Staying compliant is crucial. At Unocoin, we ensure that our users are equipped with tools for proper tax reporting, secure storage, and real-time market insights. As a regulated exchange, we work closely with legal experts to adapt quickly to new guidelines and protect our community from unnecessary risk. ### **Looking Ahead** India’s crypto regulation journey is far from over—but it’s definitely moving forward. The focus now is on clarity, investor protection, and aligning with global standards. As 2025 progresses, we may see a friendlier tax regime, institutional adoption, and clearer rules for startups. Until then, staying informed is your best asset. **Stay updated. Stay compliant. Stay ahead—with Unocoin.** Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** cbdc, crypto Regulations, Indian crypto tax, Rbi --- ### [Toncoin (TON) Price Forecast: Bullish Momentum Builds Toward Potential 30% Breakout](https://blog.unocoin.com/toncoin-ton-price-forecast-bullish-momentum-builds-toward-potential-30-breakout/) **Published:** April 2, 2025 **Author:** Unocoin Growth **Content:** As March 2025 draws to a close, Toncoin (TON) is once again capturing the attention of traders and investors alike. Following a robust 55% rally from its recent lows earlier this month, TON has now staged an additional 10% rebound. This steady climb reflects a growing sense of optimism in the market, fueled by increased trading volume and bullish sentiment. The token now finds itself at a critical inflection point, with technical and fundamental indicators aligning to suggest that a significant move could be on the horizon. ### **Current Market Landscape** At the time of writing, [Toncoin](https://unocoin.com/in/exchange/inr/ton) is trading at $4.12, marking a 5.31% increase in the past 24 hours. Its market capitalization has risen to approximately $9.95 billion, recovering from a recent low of around $9.37 billion. Even more telling is the dramatic surge in trading volume, which has jumped over 153% to reach $418.9 million. This uptick in market activity suggests a renewed interest in TON, as traders position themselves ahead of a potential breakout. Sentiment analysis also supports this positive trend. The crypto fear and greed index has edged up to 33, indicating a shift from extreme fear to moderate fear—a signal that confidence is gradually returning to the market. Approximately 80% of current market sentiment appears bullish, providing a further vote of confidence in Toncoin’s upward trajectory. ### **Technical Setup and Near-Term Projection** From a technical perspective, Toncoin’s chart structure remains strongly bullish. The token has been trading well above its 50-day moving average (MA), which now serves as a reliable support level. A bullish weekly close within the current resistance zone could catalyze a fresh rally, potentially driving TON up by 30% in the near term. A successful breakout above the 200-day MA would confirm a continuation of the bullish trend, opening the door for further gains towards the $6 level. Despite occasional pullbacks, TON has managed to maintain higher lows and higher highs—a classic hallmark of a sustainable uptrend. As long as bulls remain active at key support zones, the probability of an extended rally remains high. ### **Long-Term Outlook** The long-term prospects for Toncoin are particularly compelling, buoyed by both strategic partnerships and technological strengths. The TON blockchain has recently attracted significant investment from major venture capital firms such as Sequoia Capital and Benchmark, underscoring strong institutional confidence in the network’s future. Moreover, Toncoin’s integration with Telegram’s ecosystem provides a unique competitive edge. Its fast transaction speeds, combined with a growing developer and user community, reinforce its position as a leading layer-1 blockchain project. These factors collectively contribute to a bullish long-term forecast, with analysts projecting that TON could surpass $10 before the end of 2025. Also Read:[ Tons price prediction for 2025 – 2030](https://blog.unocoin.com/toncoin-price-prediction-2024-2030-forecast-and-insights/) In summary, Toncoin stands at a critical juncture. With strong technical support, rising volume, and solid fundamentals, the stage appears set for a significant upside move. As bullish momentum builds, TON could emerge as one of the top-performing crypto assets in the months ahead. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto, Defi, Ton, Ton coin --- ### [Bitcoin ETFs & Institutional Adoption: How Big Money is Changing Crypto](https://blog.unocoin.com/bitcoin-etfs-institutional-adoption-how-big-money-is-changing-crypto/) **Published:** March 28, 2025 **Author:** Unocoin Growth **Content:** Bitcoin has come a long way from being a niche asset to becoming a mainstream financial instrument. One of the biggest catalysts for this transformation has been the rise of Bitcoin Exchange-Traded Funds (ETFs) and increasing institutional adoption. In 2025, big-money players are reshaping the crypto landscape, bringing new opportunities and challenges to the market. ### **The Rise of[ Bitcoin ETFs](https://blog.unocoin.com/a-comprehensive-guide-to-bitcoin-etfs/)** A Bitcoin ETF allows investors to gain exposure to Bitcoin without directly owning or managing the asset. These ETFs, traded on traditional stock exchanges, offer a regulated and accessible way for institutional and retail investors to participate in the crypto market. #### **Why Bitcoin ETFs Matter** 1. **Regulated Exposure:** ETFs provide a secure and compliant way for investors to gain Bitcoin exposure without the risks associated with self-custody. 2. **Increased Liquidity:** Institutional capital flowing into Bitcoin ETFs enhances market liquidity, reducing volatility and making BTC more stable. 3. **Mainstream Acceptance:** The approval of Bitcoin ETFs by financial regulators signals wider acceptance of crypto as a legitimate asset class. 4. **Ease of Investment:** Traditional investors can buy and sell Bitcoin ETFs through their brokerage accounts without needing a crypto wallet. ### **Institutional Adoption of Bitcoin** Beyond ETFs, major financial institutions, hedge funds, and corporations are integrating Bitcoin into their portfolios. Here’s how institutional adoption is shaping the industry: #### **1. Hedge Funds & Asset Managers** Top hedge funds and investment firms, such as BlackRock and Fidelity, have allocated a portion of their portfolios to Bitcoin, treating it as “digital gold” for hedging against inflation and economic uncertainty. #### **2. Corporate Bitcoin Reserves** Companies like MicroStrategy and Tesla continue to hold Bitcoin as part of their treasury strategy, demonstrating confidence in BTC as a long-term store of value. #### **3. Crypto-Friendly Banks** Traditional banks are offering crypto custody services, Bitcoin-backed loans, and institutional-grade trading desks to meet the growing demand from high-net-worth individuals and institutional investors. #### **4. Pension Funds & Endowments** Large pension funds and university endowments are slowly diversifying into Bitcoin, signalling a major shift in traditional investment strategies. ### **Impact on the Crypto Market** The influx of institutional capital is driving several key changes in the crypto space: - **Reduced Volatility:** With more stable, long-term investors, Bitcoin is less prone to extreme price swings. - **Higher Valuations:** Institutional demand could push Bitcoin’s price to new highs as supply diminishes. - **Regulatory Clarity:** Governments are working on clearer crypto regulations to accommodate large financial players. - **Innovation & Infrastructure:** More institutional involvement leads to better trading platforms, custody solutions, and blockchain technology improvements. ### **Challenges & Risks** While institutional adoption brings credibility, it also raises concerns: - **Centralization Risks:** The increasing influence of institutions could reduce Bitcoin’s decentralized ethos. - **Regulatory Uncertainty:** Governments may impose stricter rules as institutional adoption grows. - **Market Manipulation:** Large investors may influence Bitcoin prices through coordinated buying and selling. ### **Conclusion** Bitcoin ETFs and institutional adoption are transforming the crypto market, making Bitcoin a mainstream financial asset. While challenges remain, the growing involvement of big money players is a strong indicator of Bitcoin’s long-term viability. As more institutions enter the space, Bitcoin’s role in the global financial system will only continue to expand. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Etf, Bitcoin etfs --- ### [AI and Blockchain: The Perfect Duo for the Next Tech Revolution](https://blog.unocoin.com/ai-and-blockchain-the-perfect-duo-for-the-next-tech-revolution/) **Published:** March 26, 2025 **Author:** Unocoin Growth **Content:** Artificial Intelligence (AI) and Blockchain are two of the most disruptive technologies of our time. While AI brings automation, efficiency, and intelligence to various industries, blockchain ensures security, transparency, and decentralization. When combined, these two technologies have the potential to revolutionize industries, reshape digital interactions, and create a more secure and autonomous digital world. ### **How AI and [Blockchain](https://blog.unocoin.com/gamefi-in-2025-how-blockchain-gaming-is-changing-the-industry/) Complement Each Other** 1. **Enhanced Security and Trust Blockchain’s decentralized and immutable nature ensures that AI-generated data remains tamper-proof and verifiable. This is crucial in industries where data integrity is paramount, such as healthcare, finance, and supply chain management. 2. **Decentralized AI Models Traditional AI models are controlled by centralized entities, raising concerns about bias and data privacy. By integrating AI with blockchain, we can create decentralized AI models where data is securely distributed, reducing the risk of manipulation. 3. **Smart Contracts and AI Automation AI can enhance smart contracts by enabling them to process complex conditions autonomously. For example, AI-powered smart contracts can dynamically adjust based on real-world data, optimizing processes in the finance, insurance, and legal sectors. 4. **Data Monetization and Privacy Blockchain allows users to have ownership over their data, and AI can analyze that data to provide insights. This empowers individuals to monetize their data securely without compromising privacy, especially in sectors like digital advertising and healthcare. ### **Use Cases of AI and Blockchain in 2025** 1. **Finance and Fraud Prevention AI-driven algorithms can detect fraudulent activities in real time, while blockchain ensures transparency in financial transactions, making fraud prevention more robust. 2. **Healthcare and Secure Medical Records Blockchain ensures secure storage of medical records, while AI analyzes patient data to provide accurate diagnostics and personalized treatments. 3. **Supply Chain Optimization AI predicts demand and optimizes logistics, while blockchain tracks product authenticity and movement, reducing fraud and inefficiencies in global supply chains. 4. **Decentralized Autonomous Organizations (DAOs) AI-powered DAOs can make automated, data-driven governance decisions based on blockchain-recorded inputs, enhancing organizational efficiency. 5. **NFTs and AI-Generated Content AI can create digital assets like art, music, and virtual worlds, while blockchain verifies their authenticity and ownership, fostering new opportunities in the creator economy. ### **Challenges and Future Outlook** Despite their potential, AI and blockchain integration face scalability, regulatory concerns, and interoperability challenges. However, with ongoing advancements in both fields, solutions like layer-2 scaling for blockchain and federated learning for AI are addressing these limitations. ### **Conclusion** Together, AI and blockchain are driving the next technological revolution, transforming industries with secure, intelligent, and automated systems. As these technologies continue to evolve, their combined power will shape a decentralized and intelligent digital future, unlocking endless possibilities for innovation and efficiency. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Cryptocurrency, Defi --- ### [Ethereum vs. Solana: Who Will Dominate Smart Contracts in 2025?](https://blog.unocoin.com/ethereum-vs-solana-who-will-dominate-smart-contracts-in-2025/) **Published:** March 24, 2025 **Author:** Unocoin Growth **Content:** Ethereum and Solana are two of the biggest names in the smart contract space, each offering unique strengths and innovations. As we move into 2025, both blockchains are evolving rapidly, competing for dominance in decentralized finance (DeFi), NFTs, and Web3 applications. But which one is better positioned to lead the smart contract revolution? Let’s compare their performance, adoption, and future outlook. ### **[Ethereum](https://blog.unocoin.com/ethereum-price-prediction-will-eth-reach-5k-in-2024/): The Smart Contract Pioneer** Ethereum remains the dominant force in smart contract technology, thanks to its first-mover advantage, security, and massive developer community. Here’s why Ethereum continues to be a major player: 1. **Ethereum 2.0 and Scalability Improvements Ethereum’s transition to Proof-of-Stake (PoS) and upgrades like sharding and rollups have significantly improved its scalability, reducing congestion and lowering gas fees. 2. **Security and Decentralization With thousands of validators securing the network, Ethereum remains the most decentralized smart contract platform, making it the preferred choice for institutional investors and developers. 3. **Robust Developer Ecosystem Ethereum’s vast network of developers and extensive documentation provides a strong foundation for building decentralized applications (dApps), ensuring continuous innovation. 4. **Wide Adoption in DeFi and NFTs Ethereum hosts the majority of DeFi protocols and NFT marketplaces, reinforcing its position as the backbone of Web3 infrastructure. ### **Solana: The High-Speed Challenger** [Solana](https://blog.unocoin.com/solana-price-prediction-can-solana-reach-1000-in-2025-2030/) has emerged as a serious competitor to Ethereum, offering high-speed transactions, low fees, and a growing ecosystem of DApps. Here’s what makes Solana a strong contender: 1. **Scalability and Low Costs Solana’s high-throughput blockchain processes over 65,000 transactions per second (TPS) at near-zero fees, making it an attractive option for DeFi and gaming applications. 2. **Growing Developer and User Adoption Despite early network outages, Solana’s ecosystem has expanded significantly, with major projects in DeFi, NFTs, and Web3 gaming choosing Solana over Ethereum. 3. **Institutional and Corporate Interest Big players, including Visa and Shopify, have integrated Solana’s blockchain for payments and on-chain transactions, boosting its credibility. 4. **Enhanced User Experience Solana’s speed and affordability make it more user-friendly, addressing Ethereum’s high gas fees and slower transactions. ### **Key Factors for 2025 Dominance** 1. **Adoption by Enterprises and Developers Ethereum has strong institutional trust, but Solana’s efficiency and cost-effectiveness are attracting new developers and businesses. 2. **Network Reliability and Security Ethereum’s proven security gives it an edge, but Solana’s improvements in network stability could make it a more viable option. 3. **Regulatory Landscape Both Ethereum and Solana must navigate evolving regulations, with compliance potentially influencing enterprise adoption. ### **Conclusion: Who Will Dominate?** Ethereum continues to lead due to its security, decentralization, and developer base, but Solana’s scalability and low fees make it a formidable competitor. In 2025, rather than one blockchain dominating, we may see a multi-chain future where Ethereum excels in high-value DeFi and institutional projects. Solana powers fast, low-cost applications like gaming and payments. Both blockchains are here to stay, shaping the future of smart contracts in their own ways. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Ethereum, Smart Contracts, Solana --- ### [GameFi in 2025: How Blockchain Gaming is Changing the Industry](https://blog.unocoin.com/gamefi-in-2025-how-blockchain-gaming-is-changing-the-industry/) **Published:** March 21, 2025 **Author:** Unocoin Growth **Content:** Blockchain gaming, commonly referred to as GameFi (Game + DeFi), has continued to evolve, reshaping the gaming industry with decentralized economies, player-owned assets, and new revenue models. While the initial hype of play-to-earn (P2E) models has cooled, GameFi in 2025 is far from obsolete—it has transformed into a sustainable and innovative sector. Let’s explore how blockchain gaming is changing the industry in 2025. ### **The Evolution of GameFi** In the early days, blockchain gaming was primarily driven by P2E mechanics, where players earned tokens for gameplay. However, this model faced sustainability issues due to inflationary tokenomics and declining user interest. In 2025, GameFi has pivoted towards a more balanced approach: 1. **Play-and-Earn (P&E) Over Play-to-Earn (P2E):** Instead of focusing solely on financial incentives, modern GameFi projects prioritize engaging gameplay with optional earning mechanisms. 2. **Integration with AAA Games:** Traditional gaming studios have started adopting blockchain technology, incorporating NFTs and tokenized assets into mainstream games. 3. **Interoperable Assets:** Gamers can now use NFT-based items across multiple games and platforms, creating a more connected virtual economy. 4. **Decentralized Autonomous Organizations (DAOs):** Players have governance rights over in-game decisions, voting on updates, expansions, and economic models. ### **Key Trends in Blockchain Gaming for 2025** 1. **Sustainable Tokenomics New GameFi models ensure token sustainability by incorporating burn mechanisms, staking options, and in-game sinks to manage inflation. 2. **AI-Powered Game Worlds Artificial intelligence is revolutionizing GameFi, enabling dynamic in-game economies, personalized experiences, and adaptive gameplay. 3. **Cross-Chain Gaming Ecosystems Multi-chain compatibility allows seamless asset transfers between games built on different blockchains like Solana, Ethereum, and Polygon. 4. **NFT Rental & Ownership Models Players can rent or lend NFT assets, enabling new revenue streams and reducing entry barriers for new users. 5. **Regulated and Compliant Platforms Governments have introduced clearer regulations, allowing for legal and secure blockchain gaming environments that attract institutional investors. ### **Challenges Facing GameFi** While blockchain gaming has matured, it still faces hurdles: - **Scalability Issues:** High transaction fees and network congestion on certain blockchains impact gameplay. - **Regulatory Uncertainty:** Governments continue to assess policies regarding crypto gaming and NFT ownership. - **User Experience:** Many blockchain games still struggle with onboarding mainstream players due to complex wallet setups and gas fees. ### **The Future of GameFi** GameFi in 2025 is not just about earning rewards—it’s about creating immersive, decentralized, and player-driven experiences. With major gaming studios, AI integration, and improved economies, blockchain gaming is set to redefine the industry for years to come. As technology advances and adoption increases, GameFi is proving to be a lasting innovation rather than a passing trend. The games of the future will be owned by players, powered by blockchain, and driven by communities. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** blockchain, Defi, gaming --- ### [Metaverse and NFTs: Are They Still Relevant in 2025?](https://blog.unocoin.com/metaverse-and-nfts-are-they-still-relevant-in-2025/) **Published:** March 19, 2025 **Author:** Unocoin Growth **Content:** The metaverse and NFTs were once the hottest trends in the digital world, driving billions in investments and reshaping industries. However, as we enter 2025, many are questioning their relevance. Have they lived up to the hype, or have they faded into obscurity? Let’s explore how these technologies evolve and whether they hold value. ### **The State of the Metaverse in 2025** The metaverse, a virtual world where users can interact, work, and play, continues to evolve despite initial scepticism. While early expectations of a fully immersive digital universe have not yet materialized, significant progress has been made: 1. **Corporate Adoption:** Major companies continue to invest in metaverse technologies, using them for virtual meetings, training simulations, and digital storefronts. 2. **Gaming and Entertainment:** The gaming industry remains the biggest driver of the metaverse, with popular games integrating virtual economies and user-generated content. 3. **AI Integration:** Advances in AI have made metaverse experiences more interactive, allowing for realistic avatars, automated virtual assistants, and dynamic environments. 4. **Hardware Improvements:** VR and AR devices have become more accessible and powerful, enhancing user experiences and making the metaverse more practical. ### **NFTs in 2025: Evolution or Decline?** NFTs (non-fungible tokens) saw an explosive rise in 2021, followed by a cooling period. However, they remain an essential part of the digital economy, with significant use cases beyond speculative trading: 1. **Digital Ownership:** NFTs continue to provide verifiable ownership of digital assets, including art, music, and virtual real estate. 2. **Gaming and Virtual Goods:** Play-to-earn games and metaverse platforms utilize NFTs for in-game assets, allowing players to buy, sell, and trade unique digital items. 3. **Real-World Applications:** NFTs are now used in ticketing, membership programs, intellectual property rights, and even real estate tokenization. 4. **Brand and Community Engagement:** Major brands leverage NFTs for loyalty programs, exclusive experiences, and digital collectables that strengthen customer relationships. ### **Challenges and Future Outlook** Despite their ongoing relevance, both the metaverse and NFTs face challenges: - **Regulatory Uncertainty:** Governments worldwide are still defining policies around digital assets, affecting adoption and investment. - **Scalability Issues:** The high costs and energy consumption of blockchain networks continue to be obstacles to mainstream NFT and metaverse adoption. - **User Adoption:** While niche communities thrive, mass adoption requires simpler interfaces and compelling use cases. ### **Conclusion: Are They Still Relevant?** Yes, but in a more refined and practical way. The metaverse and NFTs are no longer just speculative trends but are integrating into real-world applications. As technology advances and regulations become clearer, they will continue to shape digital ownership, virtual experiences, and online economies. The hype may have settled, but their impact is far from over. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development --- ### [Crypto Regulation in 2025: What Investors Need to Know](https://blog.unocoin.com/crypto-regulation-in-2025-what-investors-need-to-know/) **Published:** March 17, 2025 **Author:** Unocoin Growth **Content:** As the cryptocurrency market matures, governments worldwide are introducing new regulations to ensure transparency, security, and investor protection. In 2025, crypto regulations are evolving rapidly, impacting everything from taxation and compliance to decentralized finance (DeFi) and stablecoins. Whether you’re an investor, trader, or business in the crypto space, understanding these regulatory shifts is essential for staying compliant and making informed decisions. ### **Key Regulatory Trends in 2025** 1. **Stricter KYC and AML Requirements Governments are tightening Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations to prevent illicit activities such as money laundering and fraud. Crypto exchanges, wallets, and DeFi platforms must implement enhanced verification processes, making anonymous transactions increasingly difficult. 2. **Stablecoin Oversight Stablecoins, such as USDT and USDC, are facing increased scrutiny to ensure their reserves are fully backed and transparent. Regulatory agencies are introducing new frameworks that require issuers to provide regular audits and maintain strict compliance with financial laws. 3. **Decentralized Finance (DeFi) Regulations DeFi platforms, which operate without intermediaries, are now under the regulatory microscope. Some governments are proposing measures that require DeFi projects to register and implement security protocols, bringing them closer to traditional financial systems. 4. **Crypto Taxation Policies Tax authorities worldwide are refining their approach to crypto taxation, ensuring that profits from trading, staking, and yield farming are properly reported. Many jurisdictions are introducing automated tax reporting tools for crypto investors. 5. **Central Bank Digital Currencies (CBDCs) and Crypto Coexistence With several countries launching their own Central Bank Digital Currencies (CBDCs), governments are establishing clearer rules on how these digital assets will interact with cryptocurrencies, aiming to maintain monetary stability while fostering innovation. 6. **Global Coordination on Crypto Laws Regulatory bodies such as the Financial Action Task Force (FATF) and the International Monetary Fund (IMF) are promoting global cooperation to create unified crypto regulations. This helps prevent regulatory arbitrage, where businesses move to less restrictive jurisdictions. ### **Impact on Investors** - **Greater Compliance Requirements:** Investors using exchanges and DeFi protocols must adhere to stricter identity verification and reporting guidelines. - **Stablecoins as a Safer Bet:** Regulated stablecoins may become a preferred option for investors looking for security and stability in the crypto space. - **Tax Liabilities:** Traders and long-term holders need to stay updated on taxation rules to avoid legal penalties and optimize tax-efficient strategies. - **Security Considerations:** With regulatory pressure on DeFi, investors must be cautious when engaging with decentralized platforms, ensuring they comply with legal frameworks. ### **How to Stay Ahead** - Follow regulatory updates from major financial authorities such as the SEC, EU regulators, and Asian financial bodies. - Use compliant platforms that adhere to KYC and AML guidelines. - Maintain accurate records of crypto transactions for tax reporting. - Diversify investments to balance between regulated and decentralized opportunities. ### **Conclusion** Crypto regulation in 2025 is reshaping the industry, ensuring investor protection while maintaining innovation. By understanding these evolving laws, investors can navigate the market with confidence and compliance, securing their financial future in the digital economy. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Crypto Regulation, Cryptocurrency, Stable coins --- ### [Important Announcement: Metal DAO (MTL) Migration & Withdrawal Deadline on Unocoin](https://blog.unocoin.com/important-announcement-metal-dao-mtl-migration-withdrawal-deadline-on-unocoin/) **Published:** March 12, 2025 **Author:** Unocoin Growth **Content:** ## **MTL Migration to Base Chain – Action Required for Unocoin Users** Dear Unocoin Users, We want to inform you about an important update regarding Metal DAO (MTL). MTL has officially migrated to the Base Chain, and as a result, Unocoin will no longer support trading, deposits, or withdrawals for MTL on our platform. ### **Withdrawal Window: March 15 – March 30, 2025** To facilitate a smooth transition for our users, we have opened a withdrawal window from **March 15, 2025, to March 30, 2025**. During this period, you are required to withdraw your MTL tokens from Unocoin to an external wallet or an exchange that supports MTL on the ERC-20 network. ### **Action Required** 1. **[Withdraw MTL Tokens](https://unocoin.com/in/exchange/inr/mtl) Before March 30, 2025** – Ensure that you transfer your MTL holdings to a supported external wallet (e.g., MetaMask) or an exchange that supports MTL ERC-20. 2. **Verify Withdrawal Address** – Double-check your withdrawal address before processing the transaction to avoid loss of funds. 3. **Act Within the Given Timeframe** – Unocoin will not support any transactions, including withdrawals, for MTL after March 30, 2025. Failing to withdraw within the deadline will result in the inability to access your MTL tokens on Unocoin. ### **What Happens After March 30, 2025?** - **MTL Transactions Will Be Disabled**: After the deadline, Unocoin will permanently discontinue any support for MTL, including deposits, withdrawals, and trading. - **Users Must Manage Their Tokens Independently**: If you miss the withdrawal window, you will need to reach out to Metal DAO’s official channels for further guidance, as Unocoin will no longer facilitate MTL-related transactions. ### **Need Assistance?** If you have any questions or need help withdrawing your MTL tokens, please reach out to our **Unocoin Support Team** before the deadline. We appreciate your cooperation and encourage you to take immediate action to safeguard your MTL holdings. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Cryptocurrency, Metal Coin, MTL Coin, MTL Migration --- ### [Decentralized Social Media: The Next Big Disruption in Web3](https://blog.unocoin.com/decentralized-social-media-the-next-big-disruption-in-web3/) **Published:** March 14, 2025 **Author:** Unocoin Growth **Content:** The rise of Web3 is revolutionizing various industries, and one of the most significant transformations is happening in social media. Decentralized social media platforms, powered by blockchain technology, are emerging as an alternative to traditional social networks, offering greater privacy, user control, and freedom of expression. As concerns over data privacy, censorship, and centralized control grow, decentralized social media is set to be the next big disruption in Web3. ### **What is Decentralized Social Media?** Decentralized social media refers to platforms that operate on blockchain technology, eliminating the need for a central authority to manage content, data, and user interactions. Unlike traditional platforms such as Facebook, Twitter, and Instagram, where a single entity controls user data and monetization, decentralized platforms distribute control across a network of users and smart contracts. These platforms are designed to provide transparency, censorship resistance, and fair revenue-sharing models, allowing users to own their content and engage in a more democratic digital ecosystem. ### **Why is Decentralized Social Media Gaining Traction?** Several factors are driving the shift towards decentralized social media: 1. **Data Privacy and Security:** Traditional social media platforms monetize user data by selling it to advertisers. Decentralized networks use blockchain encryption and smart contracts to protect user data, giving individuals control over their personal information. 2. **Censorship Resistance:** Governments and corporations often regulate and censor content on centralized social media. Decentralized platforms, however, operate on blockchain networks that prevent any single entity from controlling or censoring content. 3. **Monetization for Creators:** Web2 platforms take a significant share of advertising revenue, leaving content creators with minimal earnings. Decentralized social media offers direct monetization through token rewards, NFTs, and cryptocurrency tipping, ensuring creators receive fair compensation. 4. **Community Governance:** Instead of corporate decision-making, decentralized platforms use [Decentralized Autonomous Organizations](https://blog.unocoin.com/exploring-dao-structures-understanding-decentralized-autonomous-organizations/) (DAOs) to allow users to vote on policies, updates, and platform rules. 5. **Interoperability and Open-Source Development:** Many decentralized social media projects are built on open-source blockchain protocols, allowing seamless integration across different platforms and enabling innovation through community-driven development. ### **Popular Decentralized Social Media Platforms** Several blockchain-based social media platforms are leading the Web3 revolution: - **Lens Protocol:** A decentralized social graph that enables developers to create social apps while giving users control over their data and interactions. - **Mastodon:** A federated, open-source social network that allows users to run their own servers and maintain control over their communities. - **Steemit:** A blockchain-based blogging and social networking platform where users earn cryptocurrency rewards for posting and curating content. - **Minds:** A decentralized social media platform focused on free speech and content monetization through crypto rewards. ### **Challenges and the Road Ahead** Despite its potential, decentralized social media faces challenges such as: - **Scalability Issues:** Blockchain networks must handle large amounts of data and transactions efficiently. - **User Adoption:** Transitioning users from traditional social media requires seamless user experiences and robust incentives. - **Regulatory Uncertainty:** Governments are still defining policies around blockchain-based social networks, which could impact growth and adoption. ### **Conclusion** Decentralized social media is redefining online interactions, offering a more transparent, user-centric alternative to traditional platforms. As Web3 adoption increases, these platforms will play a crucial role in shaping the future of digital communication, empowering users with control over their data, content, and monetization. The next wave of social networking is here, and it’s decentraliz Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Development **Tags:** Blockchain Technology, Decentralized Social Media, Web3 --- ### [CBDCs and the Future of Money: How Governments Are Adopting Crypto](https://blog.unocoin.com/cbdcs-and-the-future-of-money-how-governments-are-adopting-crypto/) **Published:** March 12, 2025 **Author:** Unocoin Growth **Content:** The financial landscape is undergoing a profound transformation as governments worldwide explore and adopt Central Bank Digital Currencies (CBDCs). These digital versions of national currencies, backed and issued by central banks, are reshaping the future of money, bridging the gap between traditional finance and the growing influence of cryptocurrencies. ### **What Are [CBDCs](https://blog.unocoin.com/the-rise-of-cbdcs-shaping-the-future-of-digital-currency/)?** CBDCs are digital currencies issued by central banks, serving as a legal tender equivalent to physical cash. Unlike decentralized cryptocurrencies like Bitcoin and Ethereum, CBDCs are controlled and regulated by national authorities, ensuring stability and compliance with existing financial systems. Governments see CBDCs as a way to modernize the financial ecosystem, enhance transaction efficiency, and improve monetary policy implementation. These digital currencies offer a secure and regulated alternative to private digital assets while leveraging blockchain and distributed ledger technologies (DLT) for transparency and efficiency. ### **Why Governments Are Adopting CBDCs** Several key factors are driving the global adoption of CBDCs: 1. **Financial Inclusion:** CBDCs provide access to banking services for unbanked and underbanked populations, enabling digital payments and financial participation without the need for traditional banking infrastructure. 2. **Reduced Transaction Costs:** Digital currencies eliminate intermediaries in financial transactions, lowering costs for both consumers and businesses, particularly in cross-border payments. 3. **Combatting Financial Crime:** By offering traceable transactions, CBDCs can help reduce illicit activities such as money laundering, fraud, and tax evasion. 4. **Enhancing Monetary Policy:** CBDCs allow central banks to implement monetary policies more effectively, with real-time data on money supply and economic activity. 5. **Competition with Cryptocurrencies and Stablecoins:** Governments are increasingly aware of the influence of cryptocurrencies and private stablecoins, such as USDT and USDC. By issuing CBDCs, central banks retain control over the financial system while offering a regulated digital alternative. ### **Global CBDC Developments** Many countries are actively researching, testing, and launching CBDCs to stay ahead in the evolving financial landscape: - **China:** The Digital Yuan (e-CNY) is one of the most advanced CBDCs, with extensive pilot programs and integration into the economy. - **European Union:** The European Central Bank is exploring the Digital Euro, aiming for secure and efficient digital payments across the Eurozone. - **United States:** The Federal Reserve is studying a potential Digital Dollar, though it remains in the research phase. - **India:** The Reserve Bank of India has initiated pilot programs for the Digital Rupee to enhance financial inclusion and digital payments. - **Nigeria:** The eNaira has already been launched, making Nigeria one of the pioneers in CBDC adoption in Africa. ### **Challenges and Concerns** While CBDCs offer numerous benefits, they also present challenges: - **Privacy Issues:** Governments could gain unprecedented surveillance over financial transactions, raising concerns about data privacy. - **Cybersecurity Risks:** Digital currencies are vulnerable to cyber threats, requiring robust security measures. - **Impact on Commercial Banks:** Widespread CBDC adoption may disrupt the traditional banking system by reducing reliance on commercial banks for deposits and transactions. ### **The Future of Money** CBDCs represent the next stage in the evolution of money, combining the efficiency of digital assets with the stability of fiat currencies. As governments continue to refine their approach to digital currencies, the financial landscape will shift toward a more digital, inclusive, and regulated monetary system. The future of money is digital, and CBDCs are set to play a pivotal role in shaping the global economy. While challenges remain, their adoption marks a significant step toward the modernization of financial systems worldwide. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog --- ### [The Rise of Real-World Asset (RWA) Tokenization in 2025](https://blog.unocoin.com/the-rise-of-real-world-asset-rwa-tokenization-in-2025/) **Published:** March 10, 2025 **Author:** Unocoin Growth **Content:** The landscape of blockchain and digital assets is evolving rapidly, and one of the most significant trends in 2025 is the rise of Real-World Asset (RWA) tokenization. This innovative approach is transforming traditional finance by bridging the gap between physical assets and blockchain technology, unlocking new opportunities for investors and businesses worldwide. ### **Understanding RWA Tokenization** RWA tokenization refers to the process of converting ownership rights of physical assets, such as real estate, commodities, equities, and even fine art, into digital tokens on a blockchain. These tokens represent fractional ownership, allowing investors to trade and transfer them seamlessly in a decentralized ecosystem. Blockchain technology ensures transparency, security, and efficiency in transactions, reducing the need for intermediaries while increasing liquidity for traditionally illiquid assets. This transformation is expected to reshape various industries, making asset ownership more accessible to a broader range of investors. ### **Key Drivers of RWA Tokenization in 2025** Several factors are fueling the growth of RWA tokenization this year: 1. **Institutional Adoption:** Traditional financial institutions increasingly embrace blockchain solutions for asset management and investments. Major banks and asset management firms are developing tokenized financial products to offer clients more flexible and efficient investment opportunities. 2. **Regulatory Clarity:** Governments and financial regulators across the globe are establishing clearer frameworks for digital assets and blockchain-based securities. With improved legal structures, businesses and investors are more confident in engaging with tokenized assets. 3. **Increased Liquidity:** One of the primary advantages of RWA tokenization is the enhanced liquidity it brings to illiquid markets. Investors can buy and sell fractional ownership of assets without the traditional hurdles of lengthy transaction processes and high entry barriers. 4. **Decentralized Finance (DeFi) Integration:** The synergy between DeFi and RWA tokenization is expanding. Tokenized assets can be used as collateral for lending, borrowing, and yield farming, further integrating real-world assets into the digital financial ecosystem. 5. **Growing Interest from Retail Investors:** With fractional ownership, smaller investors now have the opportunity to gain exposure to assets like real estate or art that were previously limited to high-net-worth individuals. ### **Use Cases of RWA Tokenization** The application of RWA tokenization is diverse and expanding into multiple sectors: - **Real Estate:** Properties can be tokenized, allowing investors to own fractions of buildings or land, enabling global investment without traditional real estate constraints. - **Precious Metals and Commodities:** Gold, silver, and other commodities are being tokenized, providing easier access and traceability in digital markets. - **Equities and Bonds:** Companies are issuing tokenized securities to streamline issuance, trading, and settlement processes. - **Art and Collectibles:** High-value artworks and collectables can be fractionalized, enabling investors to own shares in rare and expensive items. ### **Challenges and Future Outlook** Despite its potential, RWA tokenization faces challenges such as regulatory uncertainty, security risks, and adoption barriers. However, with continued advancements in blockchain technology and increased collaboration between regulators and industry players, these challenges are gradually being addressed. Looking ahead, 2025 is shaping up to be a pivotal year for RWA tokenization. As more enterprises, governments, and investors recognize its benefits, we can expect significant growth in tokenized assets, further revolutionizing global financial markets. **Conclusion** Real-World Asset tokenization is not just a trend; it is a financial revolution that is democratizing access to asset ownership. With blockchain technology providing a more transparent, efficient, and accessible investment landscape, 2025 is set to be the year where RWA tokenization moves from niche adoption to mainstream financial integration. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog **Tags:** Cryptocurrency, Real World Asset, RWA tokens, technology --- ### [White House Crypto Summit 2025: Bitcoin Reserve, Regulations & Market Impact](https://blog.unocoin.com/white-house-crypto-summit-2025-bitcoin-reserve-regulations-market-impact/) **Published:** March 8, 2025 **Author:** Unocoin Growth **Content:** In a landmark moment for the cryptocurrency industry, the White House hosted its first-ever **Crypto Summit** on March 7, 2025, under the leadership of President Donald Trump. This event signals a significant shift in U.S. policy toward digital assets, reinforcing America’s position in the global crypto economy. Here’s everything you need to know: ## **Key Announcements from the Summit** ### **1. The U.S. Strategic Bitcoin Reserve** One of the most groundbreaking announcements was the confirmation of a **Strategic Bitcoin Reserve** holding **200,000 BTC (valued at $17B)**, seized from various forfeitures. While there are **no immediate plans to acquire more**, this signals the U.S. government’s recognition of Bitcoin as a national asset. ### **2. A Push for Clear [Crypto Regulations](https://blog.unocoin.com/crypto-regulation-unveiled-what-to-expect-in-2023/)** Regulatory uncertainty has long been a hurdle for crypto adoption. The summit focused on **creating clear, business-friendly regulations**, especially around **stablecoins**, to foster growth while preventing illicit activity. ### **3. Trump’s Stance: “Never Sell Your Bitcoin”** President Trump’s statement **“Never sell your Bitcoin”** sent a strong message, solidifying his administration’s pro-crypto stance. This could shape future policies and encourage broader institutional adoption. ### **4. Industry Leaders Weigh In** Prominent crypto leaders attended, sharing their perspectives: - **Brian Armstrong (Coinbase CEO):** Called it a “watershed moment” for mainstream adoption. - **Michael Saylor (MicroStrategy):** Advocated for long-term U.S. Bitcoin holdings. - **Tyler & Cameron Winklevoss (Gemini):** Urged for broader government adoption. - **Jesse Powell (Kraken):** Stressed the need to protect innovation from overregulation. - **Brad Garlinghouse (Ripple):** Highlighted stablecoin regulation as key to global competitiveness. - **Scott Bessent (Treasury Secretary):** Framed the reserve as a pragmatic, budget-neutral decision. - **David Sacks (“Crypto Czar”):** Positioned the summit as a signal of U.S. crypto leadership. ### **5. Market Reaction & Future Outlook** Following the summit, **Bitcoin surged 11%**, briefly touching **$91,093** before stabilizing at **$86,265**. Analysts predict that, with institutional support and regulatory clarity, **BTC could reach $150K–$185K by year-end**. ## **Final Thoughts** The White House Crypto Summit marks a **turning point for the U.S. crypto landscape**. While the government’s stance is still evolving, this event has undeniably placed crypto at the heart of U.S. financial strategy. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) Telegram Channel: E-mail id: support@unocoin.com Other links: [linktr.ee/unocoin](http://linktr.ee/unocoin) Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) App store link: Playstore link: Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Bitcoin Reserves, Bitcoin Summit, Trump --- ### [Trump’s U.S. Crypto Reserve: Includes SOL, XRP, ADA, BITCOIN AND ETHEREUM!](https://blog.unocoin.com/trumps-u-s-crypto-reserve-includes-sol-xrp-ada-bitcoin-and-ethereum/) **Published:** March 3, 2025 **Author:** Unocoin Growth **Content:** U.S. President Donald J Trump has made a dramatic shift in his stance on cryptocurrency. Once a vocal critic of Bitcoin and digital assets, Trump has now proposed the creation of a **U.S. Crypto Reserve**, a move aimed at positioning the United States as the “crypto capital of the world.” This marks a significant departure from his previous skepticism and suggests that his administration is embracing blockchain technology as a strategic financial asset. The announcement, made through Trump’s Truth Social platform [@realDonaldTrump](https://truthsocial.com/@realDonaldTrump), outlined plans for a **national reserve of digital assets**, which would include five major cryptocurrencies: **Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), Solana (SOL), and Cardano (ADA).** According to Trump, this initiative is part of a broader effort to reverse what he calls “corrupt attacks” on the crypto industry by the Biden administration. ## **What is the U.S. Crypto Reserve?** The concept of a **Crypto Strategic Reserve** is similar to the U.S. Strategic Petroleum Reserve, which holds emergency crude oil supplies. In this case, the U.S. government would **accumulate and store a reserve of digital assets** to strengthen the national economy and potentially use them as a financial hedge. The plan aims to establish America as a global leader in the digital economy while fostering innovation in blockchain technology. Trump’s **executive order on digital assets**, issued earlier this year, has directed a **Presidential Working Group** to develop the framework for this reserve. The working group will explore strategies for **acquiring, managing, and securing these cryptocurrencies** in a way that benefits national interests. Additionally, Trump has reinforced his opposition to a **U.S. Central Bank Digital Currency (CBDC)**, arguing that it would undermine financial freedom and give excessive control to government agencies. ## **Market Reactions & Crypto Price Surge** The announcement had an **immediate impact on the cryptocurrency market**. Investors quickly responded, leading to price surges across the mentioned cryptocurrencies. - **Cardano (ADA) jumped over 60%** - **XRP surged by 30%** - **Solana (SOL) saw a 20% increase** - **[Bitcoin](https://unocoin.com/in/exchange/inr/btc) (BTC) climbed by 9% to reach $94,000** - **Ethereum (ETH) rose by 12% to surpass $2,500** The news injected renewed enthusiasm into the crypto space, particularly among institutional investors who view this as a **sign of long-term government endorsement** of digital assets. ## **Political and Economic Implications** Trump’s initiative has **divided opinions** among policymakers and financial experts. - **Supporters argue** that this move will **legitimize crypto as a national asset**, drive institutional adoption, and strengthen the U.S. position in global finance. - **Critics warn** that government intervention in crypto markets could **disrupt free-market dynamics** and introduce new regulatory risks. Some experts believe that using taxpayer money to invest in volatile digital assets is a risky strategy. Additionally, the plan raises **important legal and regulatory questions**. Would Congress need to approve the purchase of these assets? How will the reserve be stored securely? What impact will this have on **U.S. monetary policy** and the global economy? These are critical concerns that will shape the future of Trump’s crypto agenda. Also, read [how to secure your Crypto Assets](https://blog.unocoin.com/how-to-secure-your-crypto-wallets-exchanges-best-practices/) ## **Final Thoughts** Trump’s U.S. Crypto Reserve plan is a groundbreaking move that could reshape the crypto industry and global finance. Whether it becomes a strategic advantage or a risky bet remains to be seen. However, one thing is clear: the crypto industry now has a powerful new ally in Washington. As the Presidential Working Group develops its strategy, investors and regulators will closely watch how this initiative unfolds. If successfully implemented, it could **accelerate mainstream crypto adoption** and establish the U.S. as a dominant force in the digital economy. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: https://twitter.com/Unocoin Telegram Group: https://t.me/Unocoin\_Group Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl E-mail id: support@unocoin.com Other links: linktr.ee/unocoin 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 Disclaimer: 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). **Categories:** Blog, Featured **Tags:** Bitcoin Reserves, Cardano, Eth, Ripple, Solana, Trump --- ### [Best Cryptocurrency to Invest in February 2025: Top Crypto Investments to Watch](https://blog.unocoin.com/best-cryptocurrency-to-invest-in-february-2025-top-crypto-investments-to-watch/) **Published:** February 24, 2025 **Author:** Unocoin Growth **Content:** ## Introduction: Top Crypto Investments for February 2025 Looking for the **best cryptocurrency to invest in February 2025**? With the market heating up, several **top crypto investments for 2025** are showing strong potential for gains. With growing bullish sentiment and several key catalysts on the horizon, the stage is set for significant altcoin rallies. At Unocoin, we believe a select group of altcoins could deliver impressive returns this month. Here are five projects that warrant close attention. --- ## Top Crypto Investments for February 2025: 5 Altcoins to Watch ### **1. ADA (Cardano)** Cardano’s native token, ADA, is garnering attention as it continues to solidify its position as a leading smart contract platform. Recent network upgrades have improved scalability and reduced transaction fees, making the ecosystem more attractive to developers and institutional investors alike. Fundamental developments—ranging from enhanced staking incentives to increased developer activity—are fueling optimism for ADA’s near-term price action. On the technical front, ADA has been consolidating near key support levels. A breakout above recent resistance could potentially propel the token toward new all-time highs, reinforcing its status as a cornerstone in the evolving digital asset landscape. 🔗 [Learn how to buy Bitcoin and altcoins in India](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/) --- ### **2. Stacks (STX)** Stacks remains a compelling option as it bridges the security of the Bitcoin network with the flexibility of decentralized applications. As Bitcoin’s price surges, the demand for Bitcoin Layer-2 solutions like Stacks intensifies. The STX price action suggests a possible reversal from a falling wedge pattern—a bullish formation that signals the potential end of a downtrend. With solid support levels in place and multiple resistance points outlined by Fibonacci retracement levels, Stacks is positioned to capture renewed investor interest, making it a noteworthy addition to any diversified portfolio. 🔗 [Check out the latest crypto market trends in 2025](https://blog.unocoin.com/indias-crypto-adoption-trends-challenges/) --- ### **3. Ondo (ONDO)** Ondo Finance is carving out a niche with its focus on tokenized real-world assets. Its strategic partnership with BlackRock underscores the platform’s potential to revolutionize how traditional securities are managed on the blockchain. The recent deployment of the Ondo Short-Term US Government Treasuries on the XRP Ledger is set to enhance liquidity and scalability, providing a robust foundation for future growth. The upcoming Ondo Summit on February 7 could unveil further developments, adding to the token’s bullish technical outlook as it reclaims critical Fibonacci levels and eyes new price targets. --- ### **4. Hedera (HBAR)** Hedera Hashgraph distinguishes itself with a unique distributed ledger technology that offers fast, secure, and scalable solutions. The prospect of an SEC-approved HBAR ETF could serve as a powerful catalyst for the token. Meanwhile, strong developer engagement and institutional interest continue to underscore its long-term potential. On the charts, HBAR exhibits a bullish flag pattern with an ascending trendline, suggesting that a break above current resistance levels could trigger an Elliott Wave impulse move, targeting significant new highs. --- ### **5. Stellar (XLM)** Stellar has shown remarkable strength recently, rallying significantly from its previous lows. The formation of a bullish pennant pattern indicates that further gains could be imminent. Given Stellar’s close ties with Ripple’s XRP, any positive developments on the regulatory front or in market sentiment for XRP may have a favourable spillover effect on XLM. With robust technical support and clear resistance levels, Stellar remains a compelling asset for investors looking to capture upside momentum. --- ## Conclusion: For those searching for the **best cryptocurrency to invest in February 2025**, ADA, STX, ONDO, HBAR, and XLM stand out as strong contenders. These **top crypto investments for 2025** have the potential to deliver impressive returns amid market momentum. As always, conducting thorough research and applying prudent risk management strategies are essential when navigating the dynamic crypto landscape. 🔗 [Start investing in cryptocurrency with Unocoin today](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/) Please find the list of authentic Unocoin accounts for all your queries below: - Twitter: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** 2025 cryptos, Top Altcoins, top cryptos, Top cryptos to invest in 2025 --- ### [How to Secure Your Crypto: Wallets, Exchanges & Best Practices](https://blog.unocoin.com/how-to-secure-your-crypto-wallets-exchanges-best-practices/) **Published:** February 28, 2025 **Author:** Unocoin Growth **Content:** As cryptocurrency adoption grows, securing digital assets has become more critical than ever. Hackers and fraudsters constantly target crypto holders, making it essential to implement security best practices. Here’s how you can protect your crypto holdings effectively. **1. Choosing the Right Wallet** A cryptocurrency wallet is essential for storing and managing digital assets. There are two main types: Hot Wallets: Online wallets connected to the internet, including mobile, desktop, and web wallets. They offer convenience but are more susceptible to hacks. Cold Wallets: Offline wallets like hardware wallets (Ledger, Trezor) and paper wallets, provide better security by keeping private keys offline. **2. Using Secure Exchanges** When trading or holding crypto on exchanges, choose reputable platforms with strong security measures. Look for features like: - Two-Factor Authentication (2FA). - Cold storage for user funds. Like [Paper wallet](https://www.youtube.com/watch?v=Y1hSFmWjlrU) - Insurance against cyber theft. **3. Enabling Two-Factor Authentication (2FA)** 2FA adds an extra layer of security by requiring a second form of verification (e.g., SMS code, Google Authenticator) in addition to a password. Always enable 2FA on your exchange and wallet accounts. Also read : [How to Choose the Best Cryptocurrency to Buy in India](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/) **4. Beware of Phishing Attacks** Scammers use phishing emails, fake websites, and fraudulent social media accounts to steal login credentials. Always double-check URLs, avoid clicking on suspicious links, and never share private keys. **5. Regularly Update Software & Use Strong Passwords** Updating wallets, exchange apps, and antivirus software helps prevent security vulnerabilities. Additionally, use strong, unique passwords and a password manager to store credentials securely. **Conclusion:** By implementing these security measures, you can significantly reduce the risk of losing your cryptocurrency to hacks or scams. Always stay vigilant and educate yourself on the latest security practices in the crypto space. Please find the list of authentic Unocoin accounts for all your queries below: Twitter: https://twitter.com/Unocoin Telegram Group: https://t.me/Unocoin\_Group Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl E-mail id: support@unocoin.com Other links: linktr.ee/unocoin 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 Disclaimer: 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). **Categories:** Blog **Tags:** Cryptocurrency, How to buy Crypto, Secure Your Crypto --- ### [Crypto Trading Strategies for Beginners [Updated 2025]](https://blog.unocoin.com/crypto-trading-strategies-for-beginners-updated-2025/) **Published:** February 26, 2025 **Author:** Unocoin Growth **Content:** Cryptocurrency trading has gained immense popularity over the years, but for beginners, it can be overwhelming. Understanding key trading strategies is essential for navigating the volatile crypto market effectively. This guide introduces fundamental trading strategies that can help beginners start their crypto trading journey with confidence. ### **1. Understanding Market Trends** Before executing any trade, it’s crucial to analyze market trends. There are two primary types of market analysis: - **Technical Analysis (TA)**: Involves studying price charts, patterns, and indicators such as moving averages, Relative Strength Index (RSI), and Bollinger Bands. - **Fundamental Analysis (FA)**: Evaluate the intrinsic value of a cryptocurrency by examining factors like adoption rate, project team, partnerships, and real-world use cases. ### **2. Day Trading vs. Swing Trading** - **Day Trading**: This strategy involves buying and selling within a single day, capitalizing on short-term price movements. It requires extensive market research and quick decision-making. - **Swing Trading**: Traders hold onto assets for several days or weeks to take advantage of medium-term price trends. Swing trading is less stressful than day trading and ideal for those who cannot monitor the market constantly. ### **3. Dollar-cost averaging (DCA)** DCA is a long-term investment strategy where an investor purchases a fixed amount of cryptocurrency at regular intervals, regardless of market conditions. This strategy helps mitigate the impact of price volatility and reduces the risk of making poor investment decisions based on market emotions. ### **4. [Stop-Loss and Take-Profit Strategies](https://blog.unocoin.com/crypto-trading-order-types-market-limit-and-stop-orders-for-beginners/)** To minimize losses and secure profits, traders should set stop-loss and take-profit levels: - **Stop-loss**: A predetermined price at which a trader sells an asset to limit losses. - **Take-Profit**: A price point where a trader secures gains before the market reverses. ### **5. Risk Management** Effective risk management ensures that traders do not lose their entire investment in a single trade. Some essential risk management techniques include: - Diversifying the investment portfolio. - Avoiding overleveraging (borrowing money to trade). - Investing only what one can afford to lose. ### **Conclusion** Crypto trading can be profitable but requires a solid understanding of strategies and risk management. Beginners should start with small investments, learn from market movements, and continuously refine their trading approach. Please find the list of authentic Unocoin accounts for all your queries below: - Twitter: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Bitcoin Trading, Cryptocurrency, Stop loss, trading crypto --- ### [Avoiding Crypto Scams: 5 Red Flags Every Investor Should Know](https://blog.unocoin.com/avoiding-crypto-scams-5-red-flags-every-investor-should-know/) **Published:** February 27, 2025 **Author:** Unocoin Growth **Content:** The rise of cryptocurrency has also led to an increase in scams targeting investors. Scammers use various tactics to deceive people into investing in fraudulent projects. Here are five red flags every investor should watch out for to avoid crypto scams. ### **1. Unrealistic Promises of High Returns** Any investment promising guaranteed or extraordinarily high returns is likely a scam. Cryptocurrency markets are highly volatile, and no legitimate investment can ensure fixed profits. ### **2. Lack of Transparency** A legitimate crypto project should provide clear information about its team, whitepaper, roadmap, and technology. If a project lacks transparency or hides crucial details, it’s a red flag. ### **3. Ponzi or Pyramid Schemes** Scam projects often rely on new investors’ funds to pay earlier investors, creating an unsustainable cycle. If a project heavily focuses on recruitment rather than its actual product or service, it’s likely a scam. [Read more on how to avoid crypto scams](https://blog.unocoin.com/essential-tips-to-protect-against-phishing-scams-in-crypto/) ### **4. Fake Social Proof & Endorsements** Scammers create fake testimonials, exaggerated success stories, and even impersonate celebrities to gain credibility. Always verify endorsements from official sources before investing. ### **5. Unsecure or Fake Websites** Fake crypto projects often use poorly designed websites with misspellings and no SSL encryption. Always verify website authenticity, check for proper security features, and avoid entering personal information on suspicious platforms. The only URL that unocoin uses is [www.unocoin.com](http://www.unocoin.com) ### **Conclusion** To protect yourself from crypto scams, conduct thorough research, verify all information, and remain sceptical of offers that seem too good to be true. Always use trusted exchanges and wallets to secure your investments. Please find the list of authentic Unocoin accounts for all your queries below: - Twitter: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Other links: linktr.ee/unocoin - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Scams to avoid, Cryptocurrency, trading crypto --- ### [How to Buy 100 INR Bitcoin in India: Easy Guide for Beginners](https://blog.unocoin.com/how-to-buy-100-inr-bitcoin-in-india-easy-guide-for-beginners/) **Published:** February 17, 2025 **Author:** Unocoin Growth **Content:** Cryptocurrency adoption is growing rapidly in India, and Bitcoin remains the most popular digital asset. Many beginners want to start small and wonder if they can buy Bitcoin with just 100 INR. The good news is, yes, you can! This guide will walk you through the easiest and cheapest way to buy Bitcoin in India using INR. ## Can You Buy Bitcoin for 100 INR? Yes! Bitcoin is divisible into smaller units called satoshis, meaning you don’t need to buy a full Bitcoin. You can purchase fractions of Bitcoin with as little as 100 INR, making it an accessible investment for beginners. ## Steps to Buy Bitcoin in India with 100 INR ### **1. [Choose a Trusted Crypto Exchange](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/)** To buy Bitcoin in India, you need to register on Unocoin a trusted cryptocurrency exchange that allows INR deposits. Download it from: - AppStore or PlayStore: http://unoco.in/app?utm\_source=blog&utm\_medium=website - Web Application: https://unocoin.com/in/home?type=sign-up&utm\_source=blog&utm\_medium=website ### 2. **Sign Up and Complete KYC** As unocoin exchange is FIU & PMLA registered with the Indian government it requires identity verification (KYC) to comply with regulations. You’ll need: - A valid mobile number and email ID. - Government-issued ID (Aadhaar, PAN card, etc.) - A selfie for identity verification. - Valid Bank Account Details. ### 3. **Deposit 100 INR to Your Account** Once your KYC is approved, you can deposit INR into your exchange wallet via the virtual bank deposit as it supports a minimum of INR 100 deposit. ### 4. **Buy Bitcoin for 100 INR** After funding your account: - Go to the “Buy Bitcoin” section in Exchange. - Enter 100 INR as the amount. - Confirm the purchase, and you will receive Bitcoin in your wallet. ### 5. **Secure Your Bitcoin** To keep your Bitcoin safe: - Store it in an exchange wallet or use [Unocoin’s Paper wallet ](https://www.youtube.com/watch?v=Y1hSFmWjlrU)for long-term holding. ## **Invest in Bitcoin with SBP (Systematic Buying Plan)** A great way to invest consistently in Bitcoin is through SBP, which allows you to automate your purchases based on a set frequency. You can choose to buy 100 INR worth of Bitcoin daily, weekly, or monthly. Simply update your wallet once, and the desired amount of Bitcoin will be purchased automatically depending on the frequency you have selected. ### **Benefits of SBP in Bitcoin** - **Reduces market volatility risk** by averaging out the purchase price. - **Helps in long-term wealth building** through consistent investment. - **Automates investments** for hassle-free trading and portfolio growth. ## Why Buy Bitcoin in India with 100 INR? - **Low Risk for Beginners:** Start small and learn how Bitcoin works. - **Easy Accessibility:** Bitcoin is available for everyone, regardless of budget. - **Future Potential:** Even a small investment today can grow over time. ## **Bitcoin SIP ROI Calculator:** If you had invested 100 INR in Bitcoin five years ago, it could have grown significantly by 393.65%. A Bitcoin SIP ROI calculator can help you estimate future returns based on past performance. [![](https://blog.unocoin.com/wp-content/uploads/2025/02/Screenshot-2025-02-17-at-1.34.10 PM-212x300.png "Unocoin bitcoin SBP ROI calculator | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/02/Screenshot-2025-02-17-at-1.34.10 PM.png)Unocoins Bitcoin SBP ROI calculator[Try Bitcoin SIP calculator now](https://unocoin.com/in/calculator/) ## FAQs ### 1. **Is 100 INR enough to start investing in Bitcoin?** Yes! Bitcoin is highly divisible, so even 100 INR can get you started with a small amount. ### 2. **What is the cheapest way to buy Bitcoin in India?** Using a Virtual bank transfer on a low-fee exchange like unocoin is the most cost-effective method. ### 3. **Can I withdraw my Bitcoin back to INR?** Yes, you can sell your Bitcoin on an exchange and withdraw INR to your bank account directly. ### 4. **Can I withdraw my Bitcoin to another wallet?** Yes, you can send your Bitcoin directly to another wallet as Unocoin has supported Crypto withdrawals since 2013. ### 5. **Are there any fees when buying Bitcoin with 100 INR?** Yes, the exchanges charge a fee of 0.5% on buying Bitcoin. Check the [platform’s fee structure before buying](https://unocoin.com/in/support/fees/). ## Conclusion Buying Bitcoin in India with 100 INR is simple and a great way to start your crypto journey. By following these steps, you can invest in Bitcoin with a minimal amount and gradually expand your knowledge and holdings. Using SIP can further help in automating your investments and mitigating market risks, making Bitcoin investment more convenient and efficient. Start today and take your first step into the world of cryptocurrency! Please find the list of authentic Unocoin accounts for all your queries below: - Twitter: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** 100rs Bitcoin, Bitcoin for INR, Buy Bitcoin In India --- ### [How to Choose the Best Cryptocurrency to Buy in India](https://blog.unocoin.com/how-to-choose-the-best-cryptocurrency-to-invest-in-india/) **Published:** February 11, 2025 **Author:** Unocoin Growth **Content:** Cryptocurrency is rapidly gaining popularity in India, with millions of investors looking to get involved in digital assets. But with thousands of cryptocurrencies available, how do you choose the right one? Making an informed decision is crucial to avoid losses and maximize potential returns. In this guide, we will walk you through the key factors to consider when selecting the best cryptocurrency to buy in India. ## Why Choosing the Right Cryptocurrency Matters Investing in the right cryptocurrency can lead to substantial gains, but making the wrong choice can result in losses. Some cryptos are stable and widely accepted, while others are volatile or speculative. Here’s why selecting the right cryptocurrency is essential: - **Long-term growth potential** – Some cryptocurrencies have real-world use cases that drive long-term adoption. - **Security and stability** – Established cryptocurrencies are less prone to scams and fraud. - **Regulatory compliance** – Certain cryptos are more compliant with Indian regulations, making them safer investments. ## Key Factors to Consider Before Buying Cryptocurrency in India ### 1. **Market Performance & Stability** One of the most important aspects to evaluate is the market performance of a cryptocurrency. Consider: - **Market Capitalization** – High market cap cryptos like Bitcoin and Ethereum are generally more stable. - **Trading Volume** – High trading volume ensures liquidity, making it easier to buy and sell. - **Historical Price Trends** – Review past price movements to understand volatility and growth potential. #### **Recommended Tools:** - CoinMarketCap ([www.coinmarketcap.com](https://www.coinmarketcap.com)) ### 2. **Use Case & Real-World Utility** A cryptocurrency’s utility determines its adoption and long-term sustainability. Ask yourself: - Does the cryptocurrency solve a real-world problem? - Is it used in decentralized finance (DeFi), smart contracts, payments, or gaming? - How many businesses and platforms accept it? #### **Examples:** - **Bitcoin (BTC)** – Used as digital gold and a store of value. - **Ethereum (ETH)** – Powers smart contracts and decentralized applications. - **Ripple (XRP)** – Facilitates fast cross-border transactions. ### 3. **Development Team & Community Support** A strong development team ensures ongoing improvements, security updates, and innovation. - Check the project’s website and roadmap. - Look at GitHub activity for development progress. - Join crypto communities on Telegram, Discord, or Twitter. #### **Red Flags:** - Anonymous team members. - Lack of transparency about project development. - No community engagement. ### 4. **Regulatory Compliance in India** Since cryptocurrency regulations in India are evolving, choose cryptos that comply with existing laws. - Bitcoin (BTC) and Ethereum (ETH) are widely recognized and less likely to face bans. - Avoid cryptocurrencies with uncertain legal status. - Use Indian exchanges that follow compliance regulations. ### 5. **Liquidity & Exchange Availability** Liquidity refers to how easily you can buy or sell a cryptocurrency. - Cryptos listed on major exchanges like Unocoin are easier to trade. - Higher liquidity means less price manipulation and better stability. ### 6. **Long-Term Growth Potential** Investing in cryptocurrencies with a strong future outlook is key. - Look for partnerships with major companies or blockchain adoption. - Check whether the project has plans for scalability and innovation. - Avoid pump-and-dump schemes that show artificial price hikes. ## **Common Mistakes to Avoid:** Many investors make mistakes that cost them money. Avoid these common pitfalls: - **Investing without research** – Don’t follow the hype; research thoroughly. - **Ignoring security measures** – Store your crypto in secure wallets. - **Not diversifying investments** – Spread your funds across different assets. - **Falling for scams** – Beware of Ponzi schemes and fake investment platforms. ## How to Start Investing in Cryptocurrency in India Ready to invest? Follow these steps: 1. **Research** – Use platforms like CoinMarketCap to study different cryptos. 2. **Choose a secure exchange** – Sign up for [Unocoin](https://unocoin.com/in/home?type=sign-up&utm_source=blog&utm_medium=website) a trusted platform in India. 3. **Deposit INR & Buy** – Fund your account and buy the crypto of your choice. 4. **Store Safely** – Use secure wallets (hardware wallets, Unocoins paper wallets, or Unocoin exchange wallet). 5. **Monitor & Stay Updated** – Follow news and updates about your chosen cryptocurrencies. ## Frequently Asked Questions (FAQs) ### 1. What is the safest cryptocurrency to buy in India? Bitcoin (BTC) and Ethereum (ETH) are considered the safest due to their market dominance and widespread acceptance. ### 2. Is crypto legal in India? As of now, crypto trading is legal, but regulations are evolving. Always use registered exchanges like Unocoin. ### 3. How much should I invest in cryptocurrency? Invest only what you can afford to lose. Start small and gradually increase as you gain experience. ### 4. Can I withdraw crypto to my bank account in India? Yes, Unocoin exchange allow you to convert crypto into INR and withdraw funds to your bank account. ## Conclusion Choosing the best cryptocurrency to buy in India requires careful research and analysis. By considering market performance, utility, team strength, regulatory compliance, and liquidity, you can make informed investment decisions. Always stay updated with the latest trends and use trusted exchanges to ensure a secure investment experience. ### **Start Your Crypto Journey Today!** Sign up on [Unocoin](https://unocoin.com/in/home?type=sign-up&utm_source=blog&utm_medium=website) platform and start investing in Bitcoin, Ethereum, and more with ease! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Investment, cryptocurrency in india --- ### [India’s Crypto Adoption: Trends & Challenges](https://blog.unocoin.com/indias-crypto-adoption-trends-challenges/) **Published:** February 5, 2025 **Author:** Unocoin Growth **Content:** India is one of the fastest-growing **crypto markets**, with millions of users investing in **Bitcoin, Ethereum, and altcoins**. However, regulatory uncertainty and government policies pose significant challenges. #### **The Rise of Crypto in India:** According to reports, India has over **100 million crypto users**, making it a major player in the global blockchain space. Factors driving adoption include: - **Tech-Savvy Youth:** A growing number of young investors prefer digital assets. - **Financial Inclusion:** Crypto allows the unbanked to access financial services. - **Innovation & Startups:** India has a booming **Web3 startup ecosystem**. #### **Regulatory Challenges:** Despite strong adoption, the **lack of clear regulations** creates uncertainty. Key challenges include: - **Crypto Taxation:** A 30% tax on crypto gains and 1% transaction TDS. - **RBI & Banking Restrictions:** Limited banking support for exchanges. - **CBDC Competition:** India’s Digital Rupee (CBDC) may impact private crypto use. #### **How Unocoin Supports Crypto Users** As [India’s leading crypto exchange](http://unocoin.com/), Unocoin provides: - **Secure Trading:** Easy access to Bitcoin, Ethereum, and altcoins. - **Educational Content:** Guides and updates on crypto regulations. - **Compliant Services:** Adhering to India’s evolving regulatory framework. #### **Conclusion** India’s crypto market is growing despite **regulatory hurdles**. With the right policies, it could become a global leader in **blockchain innovation**. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Why Solana and XDC Network Matter in 2025](https://blog.unocoin.com/why-solana-and-xdc-network-matter-in-2025/) **Published:** February 4, 2025 **Author:** Unocoin Growth **Content:** As the cryptocurrency space evolves, blockchains like **Solana** and **XDC Network** are gaining momentum. Their speed, security, and adoption make them key players in 2025. While **Bitcoin** and **Ethereum** remain dominant, these networks offer scalable, low-cost solutions that appeal to both developers and investors. #### **Solana: The High-Speed Blockchain** Solana is known for its **blazing-fast transactions** and **low fees**, making it ideal for **DeFi**, **NFTs**, and large-scale applications. Unlike Ethereum, which suffers from congestion, Solana can handle **65,000 transactions per second (TPS)**. Key Features: - **Proof of History (PoH):** Enhances transaction speed and efficiency. - **Low Gas Fees:** Transactions cost a fraction of a cent. - **Growing Ecosystem:** Thousands of dApps and projects are built on Solana. [BUY SOLANA!](https://unocoin.com/in/exchange/inr/sol) #### **XDC Network: Enterprise-Ready Blockchain** The **XDC Network** is tailored for **enterprise adoption**, especially in **trade finance** and **cross-border transactions**. With its **hybrid blockchain**, it ensures privacy for businesses while maintaining transparency. Key Features: - **Energy-Efficient Consensus:** XDPoS (XinFin Delegated Proof of Stake) ensures faster transactions. - **Interoperability:** Bridges with Ethereum and other networks. - **Enterprise Focus:** Partnerships with global financial institutions. [BUY XDC NETWORK!](https://unocoin.com/in/exchange/inr/xdc) #### **Why These Networks Matter in 2025** Both Solana and XDC Network address **scalability and cost challenges** in blockchain technology. As adoption grows, they are set to play a major role in **Web3 development** and mainstream crypto use. #### **Conclusion** Solana and XDC Network are **shaping the future of blockchain** by offering **faster, cost-efficient, and enterprise-friendly solutions**. Investors and developers should keep an eye on their growth. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Master Bull and Bear Flag Patterns for Crypto Trading](https://blog.unocoin.com/master-bull-and-bear-flag-patterns-for-crypto-trading/) **Published:** January 29, 2025 **Author:** Unocoin Growth **Content:** Traders in technical analysis often rely on chart patterns to predict market trends. Among the most popular patterns are the bullish and bearish flags. These continuation patterns provide traders with valuable insights into Crypto trading market, enabling them to make more informed decisions. Here’s everything you need to know about identifying and trading these patterns effectively. ### **What Are Bull and Bear Flag Patterns?** Bull and bear flag patterns are chart formations that indicate a short pause during a significant price movement. They are termed “continuation patterns” because they often suggest that the prior trend—uptrend for a bull flag and downtrend for a bear flag—will resume after a brief consolidation period. Both patterns are characterized by two main components: - **Flagpole**: A sharp price movement signaling strong buying or selling pressure. - **Flag**: A consolidation phase, forming a rectangle or parallelogram against the prevailing trend. By recognizing these patterns, traders can capitalize on breakout opportunities. ### **Bull Flag Patterns: Formation and Crypto Trading Strategy** A bull flag signals a potential continuation of an upward trend. It begins with a steep rise (the flagpole) followed by a consolidation phase where prices move within two downward-sloping parallel lines (the flag). #### **Key Characteristics of Bull Flags:** - **Flagpole**: Represents strong buying momentum. - **Flag**: A temporary consolidation, typically sloping downward. - **Breakout Point**: When the price breaches the upper trendline of the flag, indicating a potential continuation of the uptrend. #### **Trading Bull Flags:** 1. **Spot the Flagpole**: Identify the sharp upward move. 2. **Look for Consolidation**: Observe prices moving within parallel lines. 3. **Wait for a Breakout**: Enter a long position when the price breaks above the flag’s upper trendline. 4. **Use Stop-Loss**: Place a stop-loss below the flag to mitigate risk. #### **Example:** Imagine a cryptocurrency listed on Unocoin surging due to positive news, followed by a brief consolidation phase. This forms a bull flag pattern, signaling a potential opportunity for traders to enter a long position. ### **Bear Flag Patterns: Formation and Crypto Trading Strategy** A bear flag suggests the continuation of a downtrend. It begins with a steep decline (the flagpole) followed by a consolidation phase within upward-sloping parallel lines (the flag). #### **Key Characteristics of Bear Flags:** - **Flagpole**: Represents strong selling pressure. - **Flag**: A temporary consolidation, typically sloping upward. - **Breakdown Point**: When the price falls below the flag’s lower trendline, signaling a potential continuation of the downtrend. #### **Trading Bear Flags:** 1. **Identify the Flagpole**: Spot the sharp downward move. 2. **Observe the Flag**: Monitor prices consolidating within parallel lines. 3. **Wait for a Breakdown**: Enter a short position when the price breaks below the flag’s lower trendline. 4. **Set a Stop-Loss**: Place a stop-loss above the flag to manage risk. #### **Example:** Consider a cryptocurrency on Unocoin experiencing a steep decline due to negative market sentiment, followed by a consolidation phase. This forms a bear flag pattern, signaling a potential opportunity for traders to enter a short position. ### **Real-World Applications on Unocoin** Unocoin, India’s leading cryptocurrency exchange, provides the ideal platform to analyze and trade using bull and bear flag patterns. With access to advanced charting tools, traders can: - Monitor real-time price movements. - Identify flag patterns with precision. - Execute trades seamlessly during breakouts or breakdowns. ### **Conclusion** Mastering bull and bear flag patterns can significantly enhance your Crypto trading strategy. Whether you’re aiming to profit from an uptrend or a downtrend, understanding these patterns equips you with the tools to make smarter decisions. Start your Crypto trading journey today on Unocoin and take advantage of these powerful chart patterns to optimize your trades. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto trading, Cryptocurrency, Trading, Trading Patterns --- ### [Trade the Hottest Meme Coin TRUMP Exclusively on Unocoin](https://blog.unocoin.com/how-to-buy-trump-crypto-in-india/) **Published:** January 27, 2025 **Author:** Unocoin Growth **Content:** The cryptocurrency world is abuzz with the latest entry into the market, $TRUMP, a meme coin launched by none other than President-elect Donald Trump. This highly talked-about digital asset is now available for trading on Unocoin, India’s leading cryptocurrency exchange, opening doors for crypto enthusiasts and Trump supporters alike to join the action. ### **What is $TRUMP?** $TRUMP is a meme cryptocurrency launched to celebrate Trump’s historic presidential election victory and his upcoming inauguration. Hosted on the Solana blockchain, the coin has quickly gained traction, skyrocketing in value within hours of its launch. With a limited initial supply of 200 million tokens and plans to expand to 1 billion over the next three years, $TRUMP has been designed to create excitement and exclusivity in the crypto market. Key highlights of the coin include: - **Rapid Growth**: $TRUMP’s value surged by over 300% within a day of its launch, peaking at a $15 billion market cap before stabilizing at $9 billion. - **Tokenomics**: 80% of the token supply is managed by Trump-affiliated companies, ensuring long-term involvement and liquidity. - **Non-Investment Disclaimer**: While marketed as a meme coin, $TRUMP’s disclaimer emphasizes it is not an investment opportunity or associated with any political campaigns. ### **Why Trade TRUMP on Unocoin?** Unocoin has taken a major step by listing $TRUMP, making it accessible to its vast user base. Known for its seamless trading experience, Unocoin provides: - **Ease of Access**: Trade TRUMP effortlessly using Unocoin’s user-friendly platform. - **Secure Transactions**: Unocoin’s robust security measures ensure the safety of your funds and trades. - **Liquidity**: With $TRUMP gaining global traction, Unocoin ensures high liquidity for smooth trading experiences. By listing TRUMP, Unocoin positions itself as the go-to platform for the latest trends in the cryptocurrency market. ### **The Impact of TRUMP’s Launch** Donald Trump’s entry into the crypto world with $TRUMP has stirred conversations worldwide. The coin’s launch highlights the growing adoption of blockchain technology and its ability to blend finance, politics, and entertainment. With Bitcoin already surging past $100,000 after Trump’s election win, $TRUMP’s popularity adds momentum to the bullish crypto market. ### **[How to Buy Trump Crypto In India](https://unocoin.com/in/exchange/inr/trump):** Trading $TRUMP on Unocoin is simple: 1. **Sign Up**: Create an account on Unocoin if you haven’t already. 2. **Deposit Funds**: Add funds to your Unocoin wallet. 3. **Start Trading**: Search for TRUMP and begin trading instantly. Don’t miss out on the chance to trade one of the most talked-about cryptocurrencies of the year. Whether you’re a Trump supporter, a meme coin enthusiast, or simply looking to diversify your portfolio, $TRUMP on Unocoin offers a unique opportunity to join the buzz. ### **Conclusion** As $TRUMP continues to make headlines, its listing on Unocoin marks a significant moment for Indian traders to engage with this global phenomenon. Stay ahead of the curve and start trading $TRUMP today on Unocoin — where innovation meets opportunity. Let’s make history, one trade at a time! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** Cryptocurrency, Memecoin, Trump coin, Trump Official --- ### [Morpheus (MOR) Now Listed on Unocoin](https://blog.unocoin.com/morpheus-mor-now-listed-on-unocoin/) **Published:** January 21, 2025 **Author:** Unocoin Growth **Content:** Unocoin is thrilled to announce the listing of Morpheus (MOR) on its platform! MOR is the native cryptocurrency of Morpheus, a revolutionary platform designed to incentivize the first peer-to-peer network of personal AIs, known as Smart Agents. Here’s everything you need to know about MOR and how you can buy it on Unocoin. **About Morpheus (MOR)** Morpheus opens the world of Web3 to everyone by providing open-source Smart Agents that connect users to their wallets, decentralized applications (DApps), and smart contracts. This innovative platform leverages blockchain technology to foster seamless integration and automation across decentralized ecosystems. **Key Features of MOR** 1. **Smart Agent Integration:** Morpheus provides personal AI-powered Smart Agents to automate interactions with Web3 tools like wallets, DApps, and smart contracts. 2. **Decentralization:** The platform promotes a truly decentralized experience, ensuring user control and transparency. 3. **Incentivized Network:** MOR tokens incentivize active participation within the network, encouraging the growth of a robust community. 4. **Accessibility:** By simplifying complex Web3 processes, Morpheus makes blockchain technology more accessible to users worldwide. **How to [Buy MOR on Unocoin](https://unocoin.com/in/exchange/inr/mor)** Unocoin makes it easy to purchase MOR tokens. Follow these steps to begin: 1. **Sign Up or Log In:** - Visit the[ Unocoin website](https://www.unocoin.com) or download the Unocoin app. - Sign up for a new account or log in to your existing one. Ensure your account is verified for trading. 2. **Deposit Funds:** - [Add funds to your Unocoin wallet](https://blog.unocoin.com/2021/12/14/unocoin-enables-virtual-bank-deposit/) using a supported payment method. Unocoin offers bank transfers. 3. **Search for MOR:** - Navigate to the trading section and search for MOR in the list of available cryptocurrencies. 4. **Place an Order:** - Enter the desired amount of MOR you want to purchase. - Review your order details, including price and fees, then confirm and execute the trade. 5. **Store Your MOR Tokens:** - Once purchased, your MOR tokens will be stored securely in your Unocoin wallet. - For additional security, consider transferring your tokens to a compatible wallet. **Why Buy MOR on Unocoin?** Unocoin is India’s leading cryptocurrency exchange, known for its user-friendly platform, top-notch security, and excellent customer support. **Final Thoughts** Morpheus (MOR) represents a major step forward in decentralizing and democratizing Web3 access. With its innovative Smart Agents and commitment to empowering users, Morpheus is set to transform how we interact with blockchain technology. Start trading MOR on Unocoin today and join the journey towards a more accessible and decentralized future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Cryptocurrency, MOR coin, Morpheus coin, new coin listing --- ### [Who invented Bitcoin & The Mystery of Satoshi Nakamoto](https://blog.unocoin.com/who-invented-bitcoin-the-mystery-of-satoshi-nakamoto/) **Published:** January 16, 2025 **Author:** Unocoin Growth **Content:** Cryptocurrency, a digital revolution in finance, has reshaped how we think about money and transactions. At the heart of this innovation is **Bitcoin**, the first and most well-known cryptocurrency. Bitcoin introduced the concept of decentralized digital currency, and its creator, known only by the pseudonym **Satoshi Nakamoto**, remains one of the most enigmatic figures in modern technology. **The Origin of Cryptocurrency** In 2008, during a global financial crisis that exposed flaws in traditional banking systems, Satoshi Nakamoto published a whitepaper titled **“Bitcoin: A Peer-to-Peer Electronic Cash System.”** This document outlined a groundbreaking idea: a decentralized digital currency powered by blockchain technology. The concept was simple yet revolutionary: eliminate intermediaries like banks, allowing people to transact directly. Transactions would be verified by a decentralized network of computers (nodes), ensuring transparency and security. **Satoshi Nakamoto: The Mysterious Creator** Satoshi Nakamoto launched the Bitcoin network in January 2009 by mining the first block, known as the **Genesis Block** or Block 0. Embedded in this block was a message: *“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”* This subtle nod to the financial crisis highlighted Bitcoin’s purpose as an alternative to traditional financial systems. Despite creating Bitcoin, Nakamoto’s identity remains a mystery. Over the years, numerous individuals and groups have been speculated to be Satoshi, but no concrete evidence has surfaced. By 2011, Nakamoto had handed over Bitcoin’s development to the community and vanished from public view. **How Cryptocurrency Works: The Bitcoin Example** To understand cryptocurrency, let’s examine how Bitcoin operates: 1. **Decentralization**: Bitcoin operates on a decentralized network of computers, making it immune to control by any single entity like a government or bank. 2. **Blockchain Technology**: Transactions are recorded on a digital ledger called the blockchain. Each block contains multiple transactions and is linked to the previous block, creating an immutable chain. 3. **Mining**: Miners validate transactions by solving complex mathematical problems, adding them to the blockchain, and earning Bitcoin as a reward. 4. **Public and Private Keys**: Users interact with the network using a wallet that contains a public key (address) and a private key (password). These keys ensure secure transactions. ### **Real-World Examples of Cryptocurrency** 1. **International Money Transfers**: Traditional money transfers often involve high fees and delays. Cryptocurrency enables near-instant transactions across borders at a fraction of the cost. - **Example**: Sending Bitcoin from India to the US costs significantly less than traditional methods. 2. **Smart Contracts**: Platforms like Ethereum allow programmable contracts that execute automatically when predefined conditions are met. - **Example**: In real estate, a smart contract can automatically transfer ownership once payment is received. 3. **Decentralized Finance (DeFi)**: Cryptocurrency powers financial services like lending and borrowing without traditional banks. - **Example**: Users can lend their cryptocurrency on platforms like Aave and earn interest. ### **The Impact of Cryptocurrency** 1. **Financial Inclusion**: Cryptocurrencies provide access to financial services for millions of unbanked individuals worldwide. 2. **Enhanced Security**: Blockchain technology ensures transparency and reduces the risk of fraud. 3. **Economic Freedom**: Cryptocurrencies allow users to control their own money, free from government interference or currency devaluation. ### **Why Satoshi Nakamoto’s Legacy Matters** While Satoshi Nakamoto’s identity remains unknown, their creation has left an indelible mark on the world. Bitcoin inspired the development of thousands of cryptocurrencies, including Ethereum, Solana, and Polkadot, each building on the foundation Nakamoto laid. ### **Conclusion** Cryptocurrency was invented by the mysterious Satoshi Nakamoto, whose vision of a decentralized digital currency has transformed global finance. Today, cryptocurrencies like Bitcoin are more than just an innovation—they are a movement toward financial freedom, transparency, and inclusion. As cryptocurrency continues to evolve, platforms like **Unocoin** make it easier for individuals to participate in this revolutionary ecosystem. Whether you’re buying Bitcoin or exploring other cryptocurrencies, Unocoin provides a secure and user-friendly platform for your journey into the digital future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin, btc cryptocurrency, creator of bitcoin --- ### [How to Become a Successful Crypto Trader?](https://blog.unocoin.com/how-to-trade-cryptocurrency-in-india/) **Published:** January 16, 2024 **Author:** Unocoin Growth **Content:** ## Do you know how to trade crypto in India? if not, we are here to help you. Crypto trading can be an exciting and profitable venture, but to truly succeed, you need more than just a basic understanding of the market. In this guide, we’ll explore the steps to how to trade cryptocurrency & Become a successful crypto trader, tailored specifically for Unocoin users looking to make the most of their crypto investments. ## How Do Cryptocurrency Markets Work? Cryptocurrency markets are based on a decentralized network, which means that they don’t rely on a central authority like a bank. Instead, transactions happen directly between users. When someone buys or sells cryptocurrency, the transaction is added to a digital record called the **blockchain**. Think of it as a public ledger that keeps track of every transaction. This process is called **mining**, where special computers help confirm transactions and add them to the blockchain. ## What Affects Cryptocurrency Prices? Just like any other market, cryptocurrency prices are mostly influenced by supply and demand. However, because cryptocurrencies aren’t controlled by any government or bank, they don’t face the same political or economic issues as regular currencies. Even though the world of cryptocurrency is still developing, the following factors can greatly impact prices: 1. **Supply**: This is how many coins are available and how quickly new coins are made, lost, or destroyed. Just like limited edition items, if there are fewer coins available, the price may go up. 2. **Market Capitalization**: This refers to the total value of all the coins in circulation. The way people view the value of these coins—whether it’s increasing or decreasing—affects the overall price. 3. **Media Attention**: How a cryptocurrency is portrayed in news articles or social media can have a huge impact on its value. Positive news can make the price go up, while negative news can cause it to fall. 4. **Real-World Use**: The more a cryptocurrency can be used in everyday life—like paying for goods and services or being accepted by businesses—the more valuable it becomes. For example, if a cryptocurrency can be used to buy items online or in stores, it becomes more attractive. 5. **Important Events**: Major events such as government regulations, security issues, or other surprises can cause the price of cryptocurrencies to rise or fall. For instance, if a country suddenly bans cryptocurrency, it could make prices drop. ### **How You Can [Trade Cryptocurrencies](https://unocoin.com/in/exchange/inr/btc) with Unocoin?** When you trade cryptocurrencies with **Unocoin**, we ensure a smooth, secure, and straightforward trading experience. Here’s how we make it easy for you to dive into the world of crypto: #### 1. **Access Real-Time Pricing** With **Unocoin**, you get real-time prices! We source our prices from our exchange, making sure that the information you see is always up-to-date, so you can make informed decisions while trading. --- #### 2. **Prices Reflect the Real Market** Our prices are based on actual market data, meaning they always reflect the true value of cryptocurrencies in the global market. This ensures that you are trading at prices that match the real market sentiment. --- #### 3. **Spot Crypto Trading** Unlike other platforms, we focus on **spot trading**, meaning you are buying and selling the actual cryptocurrencies. This gives you full ownership of the coins you trade, without any complex financial instruments or derivatives involved. --- #### 4. **Protect Yourself in Down Markets** With spot trading, you directly own the cryptocurrencies, so while you cannot “short” them like in CFDs, you can still make wise decisions to hold or sell based on market trends, protecting your investments during market downturns. --- #### 5. **Enjoy Low Fees** We work hard to ensure that your trading fees (spreads) are among the lowest in the market. This means you can keep more of your profits when you trade crypto on our platform. --- #### 6. **Advanced Charting Tools** Our trading platform offers easy-to-use charts and tools, making it simple for anyone, whether you’re a beginner or experienced, to track market trends and make smart trading decisions. --- #### 7. **Quick and Simple Trading** With **Unocoin**, you can enter and exit trades quickly. Our platform is designed for fast execution, making it easy for you to act swiftly when the market moves. --- #### 8. **Secure Platform for Your Trades** Your security is our priority. With features like **two-factor authentication (2FA)**, you can be sure that your account is protected while trading on our platform. --- #### 9. **Wide Range of Cryptocurrencies** At **Unocoin**, we offer a variety of cryptocurrencies for spot trading. You can trade popular coins like **Bitcoin**, **Ethereum**, **Litecoin**, **Dogecoin**, and even crypto indices that track the top 10 cryptocurrencies by market cap. Here’s a quick list of the cryptocurrencies you can trade: - **Bitcoin (BTC)** - **Ethereum (ETH)** - **Litecoin (LTC)** - **Dogecoin (DOGE)** - **Cardano (ADA)** - **Chainlink (LINK)** - **Polkadot (DOT)** - And many more… #### 10. **Getting Started is Easy** [Opening a crypto trading account](https://unocoin.com/in/home?type=sign-up&utm_source=blog&utm_medium=website) with **Unocoin** is fast and simple. There’s no obligation to deposit money until you’re ready to trade. We’ve been serving crypto traders since 2013, so you can trust that you’re in safe hands. #### **Ready to [start crypto trading](https://unocoin.com/in/?utm_source=blog&utm_medium=website) with Unocoin?** Visit our platform today and learn how you can confidently start your cryptocurrency journey! **What are things to keep in mind while trading crypto?** ### **1. Start with Education and Research** Before diving into the world of crypto trading, it’s essential to understand [the basics of blockchain technology, cryptocurrencies](https://blog.unocoin.com/2024/12/11/understanding-blockchain-vs-crypto/), and trading strategies. Familiarize yourself with terms like **market analysis**, **technical analysis (TA)**, and [**fundamental analysis (FA)**](https://blog.unocoin.com/2024/11/11/fundamental-analysis-in-crypto-updated-guide/). This will help you make informed decisions when trading. ### **2. Develop a Strategy** Successful crypto trading isn’t about making impulsive decisions—it’s about having a plan. Before making any trades, establish your risk tolerance and decide on a strategy that suits your goals. Whether it’s **swing trading**, where you hold assets for a few days or weeks, or **day trading**, where you buy and sell on the same day, having a strategy in place will guide your decisions. One key to successful trading is **risk management**. Always determine your entry and exit points, and never invest more than you can afford to lose. A good rule is to only risk **1-3%** of your total capital on each trade. ### **3. Master Emotional Control** Emotions like **fear** and **greed** can cloud your judgment and lead to poor decisions. Successful traders understand how to manage their feelings and treat them as data, rather than reacting impulsively. Keep your emotions in check and stick to your strategy, especially during volatile market conditions. ### **4. Focus on Altcoins** While Bitcoin and Ethereum remain popular choices for traders, [**altcoins**](https://unocoin.com/in/exchange/inr/eth) (alternative cryptocurrencies) often provide more opportunities for high returns. During bull markets, many altcoins can increase by **50x-100x**, making them an attractive option for traders looking to maximize profits. ### **5. Utilize Advanced Tools** At Unocoin, we provide a simple yet effective trading platform. As you gain more experience, consider using advanced tools to track real-time market data and perform deeper analysis. Trading platforms with **real-time data**, **charting tools**, and **alerts** can help you make quicker decisions and spot profitable opportunities. ### **Final Thoughts** Becoming a successful crypto trader requires a combination of knowledge, strategy, and emotional discipline. By continuously learning, sticking to your strategy, and managing risk, you can increase your chances of success. Start trading on Unocoin today, and use our platform’s features to hone your skills. Happy trading! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto trading, Cryptocurrency, Trading Guide, Unocoin --- ### [How a Man Stole Bitcoin worth $3.3 Billion and Hid it in!](https://blog.unocoin.com/how-a-man-stole-bitcoin-worth-3-3-billion-and-hid-it-in/) **Published:** January 10, 2025 **Author:** Unocoin Growth **Content:** Jimmy Zhong’s story is one of incredible fortune and an equally stunning downfall. From stealing billions in Bitcoin to losing it all because of one tiny mistake, his tale is a lesson in greed, security, and the consequences of even small errors. #### **The $3.3 Billion Heist:** In 2012, Jimmy Zhong found a way to exploit the Silk Road, a famous darknet marketplace. He discovered that by clicking the “withdraw” button repeatedly, he could withdraw more bitcoins than he deposited. [![Bitcoin stolen by The Billion Heist](https://blog.unocoin.com/wp-content/uploads/2025/01/Bitcoin-stolen-by-The-3.3-Billion-Heist-300x169.webp "Bitcoin stolen by The 3 Billion Heist | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/01/Bitcoin-stolen-by-The-3.3-Billion-Heist.webp)Bitcoin stolen by The $33 Billion HeistUsing this loophole, he drained **51,860 bitcoins**, worth about $700,000 back then. Over the years, the value of his stolen loot soared to a staggering **$3.3 billion**. To cover his tracks, Jimmy used crypto mixers to hide the stolen bitcoins and carried on with life as if nothing had happened. #### **A Lavish Lifestyle** Jimmy used his stolen fortune to live a life of luxury: - **Designer shopping sprees**: He splurged at high-end stores like Gucci and Louis Vuitton. - **Lakehouse dreams**: He bought a beautiful lakefront property with boats and jet skis. - **Treating friends like royalty**: Jimmy flew his friends on private jets to football games and handed them $10,000 each for shopping trips in Beverly Hills. For nearly a decade, Jimmy enjoyed the spoils of his ill-gotten gains, all while avoiding any run-ins with the law. #### **The Fall: From Riches to Ruin** Jimmy’s downfall began with an ironic twist—he became a victim of theft himself. On **March 13, 2019**, a thief broke into his home and stole **$400,000 in cash** and **150 bitcoins**. Desperate, Jimmy called the police to report the crime. The police began investigating, but Jimmy’s true identity remained hidden—for a while. Then, Jimmy made the mistake that would unravel everything: **he accidentally combined $800 from the stolen money into a wallet linked to a KYC (Know Your Customer) crypto exchange.** This small slip-up connected his identity to the stolen bitcoins and set off alarms for law enforcement. #### **The** **Raid** In **November 2021**, the authorities descended on Jimmy’s home. It was a dramatic scene: - Hidden inside a **Cheetos popcorn tin**, they found a tiny computer storing **50,676 bitcoins**. This single stash was worth **over $3 billion**. [![Recover Bitcoins in drive](https://blog.unocoin.com/wp-content/uploads/2025/01/Screenshot-2025-01-09-at-6.08.47 PM-300x220.png "Recover Bitcoins in drive | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2025/01/Screenshot-2025-01-09-at-6.08.47 PM.png)Recovered Bitcoin drive- Scattered around his home, they uncovered **$660,000 in cash**, **gold and silver bars**, and various other luxury items. - The raid marked the end of Jimmy’s grand deception. He was arrested on the spot, and the once-untouchable billionaire was sentenced to **1 year in prison**. #### **Lessons to Learn** Jimmy’s story highlights key lessons for anyone dealing with cryptocurrency 1. **Never Store Wealth Carelessly** 2. **Small Mistakes Can Have Big Consequences** 3. **Ill-Gotten Wealth Always Comes at a Price** #### **Final Thought** Jimmy Zhong’s story is a mix of brilliance, greed, and carelessness. It’s a reminder of how even the cleverest plans can unravel with one small mistake. What do you think about Jimmy’s tale? Click the Social media buttons below to Share your thoughts! Also read [How to Buy Bitcoin In India](https://blog.unocoin.com/2021/01/11/how-to-buy-bitcoin-in-india/) Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** $3.3M Bitcoins, Bitcoin Stories, Jimmy Zhong Story, Silk road Bitcoin --- ### [Will Ethereum overtake Bitcoin?](https://blog.unocoin.com/will-ethereum-overtake-bitcoin/) **Published:** October 28, 2021 **Author:** Unocoin Growth **Content:** *Ethereum may soon experience a new ATH* ![](https://cdn-images-1.medium.com/max/800/1*9cbFNN6O3dlSrYhq9NHRag.jpeg)The Ethereum native token broke the resistance of $4,000 last week and is currently trading above $4200 (26th October) on ETH USD. The bitcoin BTCUSD hit an All-Time High last week on 20th October 2021 after the first Bitcoin future EFT started trading on Nasdaq New York Stock Exchange, this happened nearly after three months of the so-called Bitcoin correction phase. While the alpha of the altcoin price forecast is difficult to predict, experts say that ETH may witness a new All-Time-High in the coming month. ![](https://cdn-images-1.medium.com/max/800/1*E4cQjUcH9M5nrSy2_0-RoA.jpeg)**With the high growth potential, will ethereum overtake bitcoin in this bull run?** Well, it is hard to imagine that ethereum will overtake the king of cryptocurrency, though we never know what will happen. ETH is indeed giving more ROI than BTC since the start of this bull run. However, ethereum has multiple things to do before it can overtake bitcoin. **Ethereum and bitcoin have different narratives** The bitcoin narrative is that it is the new digital gold. It aims to do just one thing and do that very well — be the store of value and a global network of wealth. ![](https://cdn-images-1.medium.com/max/800/1*acmsnG9t2Hbbjrq6d-2AJg.jpeg)On the other hand, ethereum’s narrative is that it is the “global computer” that is built on a decentralized blockchain, enabling developers to publish and execute any program powered by smart contracts thereby providing “security as a service”. ![](https://cdn-images-1.medium.com/max/800/1*Nsg0CXPNpywy56zLr-2DBA.jpeg)**Ethereum fundamentals are strong while bitcoin has a stronger hedging** Since the launch of the ethereum blockchain in 2015, most of the Defi or decentralized applications are built on top of the ethereum blockchain. Today ethereum is facilitating not only Defi but NFTs or Non-Fungible Tokens. Bitcoin has always been about scarcity and if there is one thing humans have invented that cannot be changed even in the future, it is bitcoin. Even though ethereum offers composability features, bitcoin’s limited coin supply attracts investors. **If BTC is to reach $100k before the year-end, ETH may hit a market cap of 1 Trillion** At the time of writing this, BTC is $62,825.37 with a market capitalization of more than $1.1 Trillion. Thus for BTC to reach the $100k mark, its market cap needs to reach 1,880,494,300,000 or 1.8 Trillion which is nearly 800 Billion to add from the current value. ETH is currently trading at $4,211.33. For ETH to reach a market cap of 1 Trillion which many are expecting before this year-end, ethereum native token ETH needs to cross above $8500. While ethereum has a strong fundamental, it also has a high gas-burning fee and with the transition from Proof-of-Work to Proof-of-stake, reaching $8,500 which is over 125 per cent, growth from the currency value seems to be achievable. The coming months looks like to be bullish for many as investors are expecting new ATH in the coming weeks. After some political instability around the middle east and the fear that the stock market may crash fading aways. The crypto market looks promising. **Trading platform in India:** [Unocoin](https://unocoin.sng.link/Awg8j/rdvu/v2zo): India’s First and most secure bitcoin and ether exchange is providing a **0% processing and trading fee**. If you are new or experienced in trading, Unocoin can be the right platform for you. For every new signup during this festive season, you will get Rs 100/- INR worth of Bitcoin on your Unocoin Wallet. Readers may please note that this is not financial advice and they should do their research. ![](https://cdn-images-1.medium.com/max/800/1*TMidvB8AZ3gDpVUtgTrIyA.png)The best crypto trading app Unocoin offers INR 100 worth of Bitcoin as welcome bonus[Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Polkadot (DOT): Buy & Explore Blockchain Interoperability on Unocoin](https://blog.unocoin.com/polkadot-buy-explore-blockchain-interoperability-on-unocoin/) **Published:** January 13, 2025 **Author:** Unocoin Growth **Content:** Polkadot (DOT) has emerged as a groundbreaking blockchain platform, transforming how blockchains connect and communicate. By enabling multiple blockchains to work seamlessly within one unified network, Polkadot solves the long-standing problem of blockchain interoperability. With its unique design and robust ecosystem, Polkadot has become a go-to solution for developers and businesses alike. Currently, [Polkadot (DOT) is priced](https://unocoin.com/in/exchange/inr/dot) at **₹675.24** (DOT/INR), with a market capitalization of **₹95,904 Cr INR**. The last 24-hour trading volume stands at **₹2,645 Cr INR**, reflecting its popularity among investors. Let’s explore what makes Polkadot a promising project in the blockchain space. ### **What is Polkadot?** Polkadot is not just a cryptocurrency; it is an entire blockchain platform designed to unify multiple blockchains into a single network. It allows these chains to operate simultaneously, enhancing scalability, speed, and efficiency. Developed by the Web3 Foundation, Polkadot aims to create a decentralized internet where private and public blockchains can securely exchange information. Unlike traditional blockchains, Polkadot operates on a **main relay chain** that ensures security while supporting multiple **parachains**—individual blockchains that run parallelly. This architecture provides Polkadot with its unique edge over competitors. ### **Features That Set Polkadot Apart** 1. **Parachains for Scalability Polkadot’s parachains process multiple transactions simultaneously, drastically improving the network’s scalability and speed. This feature reduces congestion and ensures smoother operations. 2. **Interoperability Polkadot enables communication between different blockchains, fostering a truly connected ecosystem. This interoperability creates opportunities for data exchange and collaborative applications. 3. **Shared Security Polkadot’s unique model allows multiple blockchains to benefit from a shared pool of validators, enhancing security and reducing risks associated with rogue actors. 4. **On-Chain Governance Polkadot integrates governance directly into its blockchain, empowering DOT holders to vote on proposals, upgrades, and changes. This ensures a transparent and community-driven decision-making process. 5. **Self-Upgrading System Polkadot eliminates the need for hard forks by incorporating a meta-protocol that allows the blockchain to update itself automatically when upgrades are approved. 6. **Proof-of-Stake Consensus Polkadot uses a Proof-of-Stake (PoS) model, which is energy-efficient and eco-friendly compared to traditional Proof-of-Work systems. ### **The Role of DOT in the Polkadot Ecosystem** The native cryptocurrency of the Polkadot network is **DOT**, which plays a pivotal role in its ecosystem. DOT serves three primary purposes: 1. **Governance**: DOT holders have the power to influence the network’s future by voting on upgrades and proposals. 2. **Staking**: Users can stake their DOT tokens to support network operations and earn rewards in return. 3. **Bonding**: DOT is used to connect new parachains to the Polkadot network, facilitating its expansion. ### **Use Cases of Polkadot** Polkadot’s versatility extends to a wide range of applications: - **Decentralized Finance (DeFi)**: Powering cross-chain DeFi protocols that require seamless communication between blockchains. - **Supply Chain Management**: Enhancing transparency and traceability by connecting private and public blockchains. - **Gaming and NFTs**: Supporting gaming ecosystems and eco-friendly NFT platforms. - **Enterprise Solutions**: Offering secure and scalable platforms for businesses to develop blockchain-based applications. ### **Why Invest in Polkadot?** Polkadot’s innovative approach to blockchain scalability and interoperability has made it a popular choice among investors. Its steady growth and strong market fundamentals position it as a promising asset for the future. 1. **Steady Growth Over the years, Polkadot has demonstrated consistent growth, attracting a strong developer community and partnerships with major projects. 2. **Future Potential As blockchain adoption increases, the demand for interoperable solutions like Polkadot is expected to rise, driving its value upward. 3. **Strong Community and Ecosystem Polkadot has an active and engaged community, ensuring its continuous development and adoption. ### **How to [Buy Polkadot (DOT) on Unocoin?](https://unocoin.com/in/exchange/inr/dot)** Unocoin offers a secure and user-friendly platform for buying Polkadot in India. Here’s how you can get started: 1. **Sign Up**: Create an account on Unocoin and complete your KYC verification. 2. **Deposit INR**: Use bank transfer to deposit INR into your Unocoin wallet. Enter the reference number to confirm the transaction. 3. **Buy DOT**: Navigate to the Polkadot section, enter the amount of DOT you wish to purchase, and confirm the transaction. Your DOT tokens will be credited to your Unocoin wallet. ### **Pros and Cons of Polkadot** **Pros** - Enhances blockchain scalability and interoperability. - Offers shared security and eco-friendly PoS consensus. - Allows seamless integration with other blockchain networks. **Cons** - Faces competition from other interoperability-focused blockchains like Cosmos. - Limited parachain slots may restrict growth until expanded. ### **Conclusion** Polkadot is a trailblazer in the blockchain space, offering unique solutions to scalability and interoperability challenges. Its native cryptocurrency, DOT, is integral to its ecosystem, providing governance, staking, and bonding functionalities. With a live price of ₹675 and a growing market presence, Polkadot represents a compelling opportunity for investors looking to diversify their cryptocurrency portfolio. Explore Polkadot (DOT) today on Unocoin and become part of this revolutionary blockchain movement. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development, Market Analysis **Tags:** Buy Polkadot, Cryptocurrency, dot, polkadot --- ### [Exploring Tezos and Its Native Cryptocurrency - XTZ](https://blog.unocoin.com/exploring-tezos-and-its-native-cryptocurrency-xtz/) **Published:** January 8, 2025 **Author:** Unocoin Growth **Content:** The world of blockchain technology is ever-evolving, and Tezos stands out as a unique player in the decentralized landscape. Known for its innovative approach to governance and upgradability, Tezos has carved a niche in the blockchain space. At its core lies **XTZ**, the native cryptocurrency that powers the Tezos ecosystem. **What is Tezos?** Launched in 2018, Tezos is a blockchain platform designed to evolve and adapt over time without the need for hard forks. It was co-founded by Arthur and Kathleen Breitman and introduced through a highly successful initial coin offering (ICO) that raised over $230 million. The platform emphasizes three key principles: 1. **Self-Amendment**: Tezos enables on-chain governance, allowing stakeholders to propose, vote, and implement changes directly on the blockchain. This eliminates the risk of divisive forks and ensures continuous improvement. 2. **Security**: Built with a focus on formal verification, Tezos aims to ensure the correctness of smart contracts, making it ideal for high-value applications. 3. **Decentralized Governance**: All decisions on protocol upgrades are made collectively by the community, ensuring a fair and transparent ecosystem. **XTZ: The Native [Cryptocurrency of Tezos](https://unocoin.com/in/exchange/inr/xtz)** The native cryptocurrency of the Tezos blockchain is **XTZ**, often referred to as “Tez.” XTZ serves multiple purposes within the ecosystem: 1. **Transaction Fees**: XTZ is used to pay for transactions and interactions on the network, ensuring that operations run smoothly. 2. **Staking (Baking)**: Tezos employs a Liquid Proof-of-Stake (LPoS) consensus mechanism. Token holders can participate in the network’s governance and consensus by staking (or “baking”) their XTZ, earning rewards in return. 3. **Governance**: XTZ holders play a pivotal role in the platform’s development by voting on proposals for protocol upgrades. [But XTZ Now on Unocoin!](https://unocoin.com/in/exchange/inr/xtz) **Unique Features of Tezos** 1. **Energy Efficiency**: Unlike energy-intensive Proof-of-Work (PoW) blockchains, Tezos’s LPoS mechanism is energy-efficient, making it a sustainable option. 2. **Continuous Evolution**: Tezos’s self-amending feature allows it to stay ahead of technological advancements without disrupting its ecosystem. 3. **Developer-Friendly**: With support for multiple programming languages and robust tooling, Tezos attracts a diverse developer community. **Use Cases of Tezos** Tezos has found applications in various industries, including: - **DeFi**: Powering decentralized finance projects that offer lending, borrowing, and trading. - **NFTs**: A preferred blockchain for eco-friendly non-fungible token (NFT) platforms. - **Enterprise Solutions**: Companies like Societe Generale and Red Bull Racing have explored Tezos for secure and scalable applications. **The Road Ahead** Tezos continues to gain momentum, with growing adoption in DeFi, gaming, and enterprise sectors. The blockchain’s ability to upgrade seamlessly positions it as a strong contender for long-term success. **Conclusion** Tezos is more than just a blockchain; it’s a forward-thinking platform that prioritizes adaptability, security, and community-driven governance. Its native cryptocurrency, XTZ, plays a vital role in fueling this innovative ecosystem. As blockchain technology advances, Tezos and XTZ are set to remain at the forefront, enabling a sustainable and evolving digital future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** Cryptocurrency, tezos, Tezos ecosystem, XTZ --- ### [Bitcoin's Journey in India: From ₹1 to Lakhs | Growth and Impact](https://blog.unocoin.com/bitcoins-journey-in-india/) **Published:** January 3, 2025 **Author:** Unocoin Growth **Content:** Bitcoin, the world’s first cryptocurrency, has revolutionized the financial landscape since its inception in 2009. While its global debut sparked intrigue among tech enthusiasts, its entry into India began a financial revolution. Bitcoin’s starting price in India and subsequent growth reflect the nation’s evolving perspective on digital currencies. **The Early Days: Bitcoin’s Arrival in India Bitcoin made its way into the Indian market around 2010–2011. Bitcoin was relatively unknown in the country in its initial days, with only a handful of tech-savvy individuals exploring its potential. During this time, [Bitcoin’s price in India](https://unocoin.com/in/exchange/inr/btc) was almost negligible, ranging from ₹1 to ₹10 per coin. Most transactions occurred among a small community of enthusiasts through peer-to-peer (P2P) networks. **Factors Influencing Bitcoin’s Starting Price in India** 1. **Global Market Trends**: Bitcoin’s price in India was heavily influenced by its global value. Since cryptocurrencies were a new concept, Indians relied on international exchanges for pricing benchmarks. 2. **Awareness and Adoption**: In the early 2010s, awareness about blockchain and cryptocurrencies was minimal. As educational resources and platforms like exchanges emerged, more Indians became curious about Bitcoin, slightly pushing up its price. 3. **Regulatory Uncertainty**: The lack of regulatory clarity in the Indian market initially hindered widespread adoption, keeping Bitcoin’s price relatively low. **The Turning Point As awareness grew, Bitcoin’s popularity began to rise in India. By 2013, Bitcoin’s price globally surged to over $1,000 (around ₹60,000 then). This rally sparked curiosity among Indian investors, though the price domestically was slightly higher due to currency conversion fees, taxation, and liquidity factors. **Bitcoin’s Role in the Indian Economy Bitcoin’s journey from a niche interest to a mainstream asset in India is a testament to its growing acceptance. With the rise of crypto exchanges like Unocoin and others, buying and selling Bitcoin became accessible to the average Indian investor. This marked a significant shift in Bitcoin’s pricing dynamics, as domestic exchanges began offering localized price tracking. [Buy Bitcoin as low as ₹100](https://unocoin.com/in/bitcoin?type=sbp) **Conclusion Bitcoin’s starting price in India, though minuscule, laid the foundation for the cryptocurrency revolution in the country. From a few rupees in its nascent days to being valued at lakhs today, Bitcoin’s journey underscores India’s transition into a digital-first economy. As regulations evolve and adoption increases, Bitcoin continues to remain a focal point of India’s financial future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development **Tags:** bitcoin, bitcoin adoption, Btc --- ### [Unlocking the Power of Trading Bots: How They Work](https://blog.unocoin.com/unlocking-the-power-of-trading-bots-how-they-work/) **Published:** January 2, 2025 **Author:** Unocoin Growth **Content:** ### **How Trading Bots Works** In the fast-paced world of financial markets, **trading bots** have emerged as powerful tools that execute trades on behalf of human traders. These bots have revolutionized the way assets are traded, offering significant advantages in terms of speed, efficiency, and emotion-free trading. But how exactly do trading bots work? Let’s dive in. ### **What Are Trading Bots?** A **trading bot** is a software program that automatically buys and sells assets like stocks, cryptocurrencies, or commodities on exchanges based on predefined strategies. Essentially, they act as virtual traders, executing orders based on programmed criteria without the need for human intervention. These bots can be used in various markets, including stock trading, forex, and crypto, and they operate 24/7, ensuring no trading opportunities are missed. ### **How Do Trading Bots Work?** The functionality of trading bots hinges on **algorithms**—complex sets of rules that dictate when to buy and sell assets. These algorithms are built based on technical indicators, such as moving averages, relative strength index (RSI), or Fibonacci retracements, that analyze market data to identify profitable opportunities. Here’s a breakdown of how trading bots operate: 1. **Data Collection and Analysis** Trading bots are designed to collect data from multiple sources, such as real-time price feeds, historical price charts, and market indicators. The bot analyzes this data to identify trends, price movements, or patterns that signal potential buy or sell opportunities. 1. **Predefined Strategies** Once the bot collects and analyzes the data, it uses predefined strategies to make trading decisions. These strategies can vary widely, ranging from simple **trend-following** to complex **arbitrage** or **mean-reversion** strategies. For example: - **Trend-following bots** aim to buy assets in an uptrend and sell them in a downtrend. - **Arbitrage bots** capitalize on price discrepancies across different exchanges, buying at a lower price and selling at a higher one. - **Mean-reversion bots** assume that asset prices will eventually revert to their historical average and will trade accordingly. 1. **Execution of Orders** When a bot identifies a trading opportunity, it will execute an order automatically. The execution can involve placing **market orders**, which buy or sell an asset at the best available price, or **limit orders**, which set a specific price at which to buy or sell. Trading bots can also employ **stop-loss** orders to limit potential losses by selling an asset if it falls below a specified price point. 1. **Speed and Efficiency** One of the primary advantages of using trading bots is their speed. Unlike human traders, who need time to analyze data and make decisions, bots can execute trades in fractions of a second. This ability to react instantly to market conditions is especially beneficial in volatile markets like cryptocurrency, where price swings can happen rapidly. 1. **Backtesting** Before running live, many trading bots undergo **backtesting**, which involves testing their strategies against historical market data to assess their effectiveness. Backtesting allows traders to fine-tune their strategies and optimize the bot’s performance without risking actual capital. 1. **Continuous Monitoring** Another advantage of trading bots is their ability to operate 24/7. Unlike humans, bots don’t need sleep, breaks, or rest. They can monitor the market continuously, ensuring that no trading opportunity is missed, particularly in markets like crypto that never close. ### **Benefits of Trading Bots** - **Emotion-Free Trading:** One of the biggest challenges in trading is dealing with emotions like fear and greed. Trading bots take emotions out of the equation, making decisions purely based on data and logic. - **Consistency:** Bots can follow a consistent trading strategy, reducing the risk of making impulsive, inconsistent decisions. - **Time Efficiency:** Bots can execute trades much faster than humans, and they can work continuously without the need for rest. - **Scalability:** Bots can handle a large volume of trades, making them ideal for high-frequency trading or managing multiple assets at once. ### **Conclusion** Trading bots are powerful tools that offer traders a competitive edge by executing trades based on predetermined algorithms. By analyzing vast amounts of market data, making quick decisions, and executing trades without human intervention, these bots have become invaluable to traders in fast-moving markets. For **crypto**, **stocks**, or **forex**, trading bots can help maximize profits, minimize emotional decision-making, and ensure that trading is efficient and consistent. However, traders should always be mindful of the risks and ensure that their strategies are tested and optimized for the best performance. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Algorithmic trading, Crypto trading bots, Cryptocurrency, Trading bots --- ### [Bitcoin & Crypto 2024 Wrap-Up Whats next in 2025?](https://blog.unocoin.com/bitcoin-crypto-2024-wrap-up-whats-next-in-2025/) **Published:** December 31, 2024 **Author:** Unocoin Growth **Content:** With the end of 2024 approaching, the cryptocurrency market is the undisputed star of global finance. Along with key altcoins such as Ethereum, Solana and XRP, Bitcoin has not only delivered stellar returns but also cemented its role as a major asset class. With institutional adoption surging, regulatory clarity improving and macroeconomic conditions favouring digital assets, the stage is set for an even more promising year in 2025. ## **The phenomenal rise of Bitcoin in 2024** Bitcoin started the year at around $42,000 and ended December trading above $108,000 – a staggering 140% gain. This performance eclipsed traditional investment instruments such as equities (Nifty50 up just 10%) and gold (up 20%). Bitcoin’s growth momentum can be attributed to several critical events: **Approval of spot bitcoin ETFs:** The SEC approved the first batch of spot bitcoin ETFs in January, allowing traditional investors to gain exposure to BTC through regulated brokerage accounts. **Trump’s pro-crypto administration:** Donald Trump’s victory in the November US presidential election further boosted confidence in Bitcoin. His appointment of cryptocurrency advocate Paul Atkins as SEC chairman added fuel to bullish sentiment. **Federal Reserve rate cut:** The Fed cut interest rates by 50 basis points in September, followed by two more 25 basis point cuts in November and December, driving investors to risk assets like bitcoin. **Geopolitical Shifts:** Russian President Vladimir Putin has openly criticized the global dominance of the US dollar and proposed Bitcoin as a viable alternative. Europe, on the other hand, has introduced progressive crypto regulations under MiCA. ### **Altcoins: The Silent Champions of 2024** While Bitcoin dominated the spotlight, altcoins performed equally impressively. Ethereum (ETH), Solana (SOL) and XRP hit new all-time highs, with Solana emerging as a major contender for blockchain supremacy. Meanwhile, AI-driven tokens like PaLM AI and ecosystem-focused projects like MANTRA have seen astronomical gains of over 150,000%. #### **Key milestones in 2024:** 1. **Ethereum’s Dencun Upgrade (March)** Ethereum has successfully implemented its expected Dencun upgrade and introduced proto-dank sharding (EIP-4844). This upgrade drastically reduced transaction fees for layer 2 solutions,and improved scalability and user adoption. 2. **Bitcoin Halving (April)** At a block height of 840,000, Bitcoin underwent its fourth halving, reducing mining rewards from 6.25 BTC to 3.125 BTC per block. Historically, halvings have been followed by significant price jumps, and 2024 was no exception. 3. **Legal Resolution of Binance Founder Changpeng Zhao (CZ) (May)** CZ avoided a long legal battle and received a four-month sentence instead of the expected three years. Binance refocused on regulatory compliance and global expansion, allaying investor concerns. 4. **Creditor installments Mt. Gox (July)** After a ten-year wait, Mt. Gox to repay its creditors in bitcoins, easing fears of market disruptions caused by sudden selloffs. 5. **MicroStrategy Joins Nasdaq-100 (December)** MicroStrategy’s aggressive Bitcoin accumulation has paid off, securing a spot in the Nasdaq-100 index. In 2024, its share price rose by almost 500%. ### **Institutional adoption has reached new highs** Institutional participation increased in 2024, with giants such as BlackRock, Fidelity and Vanguard increasing their exposure to Bitcoin ETFs. MicroStrategy’s stake grew to 423,650 BTC, worth approximately $42.43 billion by the end of the year. Meanwhile, mainstream financial giants such as JP Morgan and Goldman Sachs introduced financial products tailored for crypto assets, signalling increased confidence in digital assets as a hedge against fiat inflation and devaluation. ### **Regulatory progress worldwide** **United States:** Legal clarity has improved following Trump’s election victory, with talk of a Bitcoin-backed national reserve picking up steam. **Europe:** The EU has finalized the MiCA regulatory framework, which provides a uniform cryptocurrency policy across member states. **China:** China has surprisingly signalled a softer stance on cryptocurrencies, with reports suggesting pilot programs involving digital assets in specific economic zones. #### **Technological innovations and new trends** This year also saw advances in decentralized finance (DeFi), tokenized real-world assets (RWA), and blockchain protocols integrated with artificial intelligence. Memecoins have made a comeback with platforms like pump(Dot)fun seeing record user engagement. **The challenges we face in 2024** Despite its success, the crypto market faced challenges: **Regulatory uncertainty in some jurisdictions:** Countries like India still struggle with ambiguous tax policies. **Security Breach:** Several high-profile hacks have highlighted the need for improved security protocols. **Scalability Concerns:** Network congestion remained a problem during peak trading periods despite the upgrades. #### **What awaits us in 2025?** As we enter 2025, several factors are likely to shape the crypto landscape **Bitcoin’s Path to $200,000:** Analysts predict that Bitcoin could reach $200,000 if macroeconomic conditions remain favourable. **Introducing Full Sharding by Ethereum:** Ethereum aims to complete sharding to make the network even more scalable. **Tokenization of real-world assets:** Real estate, commodities and stocks are expected to witness increased tokenization. **Stablecoin Regulation:** Governments are expected to finalize frameworks for stablecoins to address financial stability concerns. **Conclusion:** The year 2024 was nothing less for the cryptocurrency market. Bitcoin’s meteoric rise coupled with the resurgence of altcoins, institutional adoption, and favourable macroeconomic conditions has cemented cryptocurrency’s place in the global financial system. For Indian investors, platforms like Unocoin continue to simplify cryptocurrency trading and investment. As we enter 2025, the lessons and milestones of 2024 will guide what promises to be another transformative year for the world of digital assets. Stay tuned to Unocoin for real-time updates, market statistics and expert analysis as we continue this exciting journey together. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** 2024 crypto, Cryptocurrency --- ### [The Best AI Cryptos to Invest in 2025!](https://blog.unocoin.com/the-best-ai-cryptos-to-invest-in-2025/) **Published:** December 28, 2024 **Author:** Unocoin Growth **Content:** The rapid advancement of artificial intelligence (AI) has brought about a new wave of innovation in the cryptocurrency space. AI crypto coins combine the power of blockchain technology with the capabilities of artificial intelligence, giving rise to a new generation of digital assets. As AI continues to evolve, these cryptocurrencies are becoming increasingly important, both in terms of technological progress and investment potential. Here are the top 10 AI crypto coins that are revolutionizing the blockchain world. ### **1. Internet Computer (ICP)** Internet Computer (ICP) is a decentralized platform designed to provide an alternative to the current Internet infrastructure. It enables the creation of smart contracts, decentralized applications (dApps), and even entire websites directly on the blockchain. ICP is a leading AI crypto coin, with significant growth in its market value. The network’s decentralized nature and scalability make it a strong player in the AI blockchain space. ### **2. Near Protocol (NEAR)** Near Protocol is a decentralized development platform with a focus on scalability and energy efficiency. Powered by its native token NEAR, this AI crypto allows developers to build decentralized applications while keeping energy consumption to a minimum. NEAR competes with blockchain giants like Ethereum and Solana, offering faster and cheaper transaction processing. With its PoS consensus mechanism, NEAR also promotes community participation in governance, making it a promising AI crypto coin. ### **3. Injective (INJ)** Injective Protocol is a Layer 2 solution built on the Cosmos blockchain, offering decentralized finance (DeFi) platforms like decentralized exchanges (DEX) the ability to operate at high speed with instant finality. The Injective Protocol uses AI to optimize its network and enhance transaction efficiency. Its INJ token has seen massive growth in the last year, making it one of the top contenders in the AI crypto space. ### **4. Render (RNDR)** Render is an Ethereum-based blockchain platform dedicated to animation, VFX, and 3D graphics. It allows users to contribute unused GPU power to render digital assets in exchange for RNDR tokens. Render’s AI-powered features are enhancing decentralized GPU sharing, making it a key player in the creative industries. Its token, RNDR, has seen remarkable growth, gaining over 360% in the past year, proving its potential in the AI blockchain space. ### **5. The Graph (GRT)** The Graph is a decentralized protocol designed to index blockchain data, helping Web3 developers access blockchain data in a more efficient and cost-effective way. This protocol has earned the nickname “Google of Web3” due to its data indexing capabilities, which are powered by AI. GRT, the native token, enables efficient data querying across various decentralized networks, further establishing The Graph as an essential AI crypto in the blockchain ecosystem. ### **6. Akash Network (AKT)** Akash Network is a decentralized cloud computing platform that allows developers to deploy decentralized applications on a low-cost cloud. With its native AKT token, Akash promotes AI-driven cloud services for developers and businesses. The network’s growth has been impressive, with the AKT token seeing a 1,600% increase in price over the past year, making it a notable AI crypto for investors looking to diversify. ### **7. Fetch.ai (FET)** Fetch.ai is an open-source, decentralized AI network designed to power smart infrastructure for digital economies. It allows users to build and deploy AI-based applications on its blockchain network. Fetch.ai has gained significant traction with its innovative AI services, with the FET token seeing over 580% growth in the past year. As the demand for AI solutions grows, Fetch.ai continues to rise in prominence within the blockchain ecosystem. ### **8. AIOZ Network (AIOZ)** AIOZ Network is a web3 platform based in Singapore that provides decentralized AI computation, storage, and video services. By leveraging the capabilities of Cosmos and Ethereum, AIOZ creates an efficient and adaptable network that powers its ecosystem. AIOZ’s native token has seen impressive growth, increasing by 2,900% in just a year. This AI crypto is definitely one to watch for long-term investors looking for high growth potential. ### **9. Golem (GLM)** Golem is a decentralized marketplace for computational power, allowing users to buy and sell computing resources on the blockchain. This platform serves the growing demand for AI and computational tasks. With its native GLM token, Golem is positioning itself as a key player in the AI computing sector. The token has experienced steady growth, with a 69% increase in the past year, making it an attractive option for investors in the AI blockchain space. ### **10. OriginTrail (TRAC)** OriginTrail is a decentralized platform focused on managing real-world data through blockchain technology. It tackles AI misinformation by ensuring that the origin of data is traceable and secure. TRAC, the native token, incentivizes platform participants, helping to create a transparent and trustworthy ecosystem. With a 150% increase in price over the past year, OriginTrail is emerging as a leading AI crypto in the fight against misinformation. ### **Conclusion** The intersection of AI and blockchain is creating exciting opportunities for both developers and investors. With their innovative use of AI technologies, these top AI crypto coins are reshaping industries such as decentralized finance, cloud computing, data management, and more. As AI continues to evolve, so too will the potential of these AI-driven blockchain networks, making them an attractive investment for those looking to stay ahead of the curve in the crypto market. For investors seeking high-growth opportunities, AI crypto coins represent a promising new frontier in the digital asset space. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Cardano: A Game-Changer in the Blockchain World](https://blog.unocoin.com/cardano-a-game-changer-in-the-blockchain-world/) **Published:** December 23, 2024 **Author:** Unocoin Growth **Content:** Launched in 2017, Cardano has rapidly established itself as one of the top cryptocurrencies, garnering attention for its unique approach to blockchain technology. Built by a team of engineers, scientists, and visionaries, [Cardano](https://unocoin.com/in/exchange/inr/ada) stands apart from other blockchain platforms for its sustainability, scalability, and emphasis on security. As one of the leading cryptocurrencies by market cap, it’s essential to understand what makes Cardano so special. Here are some key reasons why Cardano is making waves in the crypto world. 1. **Sustainable Blockchain Technology** Cardano sets itself apart with its Proof-of-Stake (PoS) consensus algorithm, Ouroboros, which consumes far less energy than the traditional Proof-of-Work systems used by Bitcoin. By choosing validators based on their stakes, Cardano ensures a more eco-friendly process while maintaining network security and reliability. 2. **Decentralized and Transparent** Cardano operates on a decentralized network, where no single entity controls the system. Instead, it relies on a global network of nodes to validate transactions and maintain the blockchain. This decentralized structure fosters transparency, ensuring that anyone on the network can view and verify all transactions. 3. **Interoperability with Other Blockchains** Cardano’s layered architecture makes it adaptable to other blockchain networks. This interoperability is vital in the world of cryptocurrencies, as it allows Cardano to seamlessly integrate with different blockchains, facilitating cross-chain transfers and enhancing scalability. 4. **Smart Contracts and dApps** With the ability to host smart contracts and decentralized applications (dApps), Cardano is positioned to become a hub for developers. Smart contracts are self-executing agreements that run automatically when predefined conditions are met. This feature empowers developers to create innovative applications on a secure and scalable platform. 5. **Formal Verification of Smart Contracts** A standout feature of Cardano is its use of formal verification for smart contracts. This process mathematically proves that the code behind the contracts is secure and free of errors, ensuring a high level of reliability and protection against exploits or attacks. 6. **A Strong Community and Ecosystem** Cardano is backed by a global community of developers, investors, and enthusiasts. The platform’s decentralized governance model, known as the Cardano Improvement Proposal (CIP), allows the community to participate in decision-making and the future development of the platform. This involvement helps ensure that Cardano remains adaptable and responsive to the needs of its users. 7. **A Growing List of Partnerships** Cardano has formed strategic partnerships with a variety of organizations across the globe. Notably, the government of Ethiopia is using Cardano’s blockchain to track student performance and enhance educational outcomes. Similarly, the University of Malta relies on Cardano to build an academic credential verification system, demonstrating the platform’s real-world utility. 8. **A Token with Real Utility: ADA** Cardano’s native cryptocurrency, ADA, is used to pay transaction fees and execute smart contracts on the network. As Cardano continues to grow, the demand for ADA is likely to rise, potentially increasing its value over time. Investors and developers alike are keen to participate in the ecosystem, staking their ADA to earn rewards and contribute to network security. 9. **Focus on Long-Term Development** The Cardano project emphasizes long-term sustainability and development over short-term gains. The platform’s modular design allows for easy upgrades and new feature integration without disrupting the overall network. This approach ensures that Cardano will remain relevant and adaptable as the crypto industry evolves. 10. **The Vision of Charles Hoskinson** Cardano was co-founded by Charles Hoskinson, a visionary who also co-founded Ethereum. Hoskinson’s leadership has been instrumental in shaping Cardano’s unique roadmap and vision for the future of blockchain. His commitment to building a decentralized, secure, and sustainable platform has earned Cardano a loyal following. **Conclusion** As the crypto market continues to evolve, Cardano’s innovative approach to blockchain technology positions it as a key player in the space. Its emphasis on sustainability, decentralization, and smart contract functionality makes it an attractive platform for developers and investors alike. With a strong community and ongoing development, Cardano is set to play a major role in shaping the future of cryptocurrency and decentralized finance. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Ada, Cardano, Cryptocurrency --- ### [Dogecoin's Surprising Surge: The Influence of Musk & Trump](https://blog.unocoin.com/dogecoins-surprising-surge-the-influence-of-musk-trump/) **Published:** December 20, 2024 **Author:** Unocoin Growth **Content:** Dogecoin, the meme coin that began as a joke, has seen an astonishing rise in value, with its price surging by approximately more than 100% recently. While Dogecoin’s journey to mainstream success has been unconventional, the influence of two prominent figures—Elon Musk and Donald Trump—has played a pivotal role in this recent surge. Social media excitement, celebrity endorsements, and market sentiment have all contributed to this rise, making Dogecoin a major player in the crypto market today. ### **The Power of Social Media and Celebrity Influence** Dogecoin’s remarkable price surge can largely be attributed to the power of social media platforms, especially X (formerly Twitter). These platforms have become crucial drivers of crypto market activity, with millions of users discussing and promoting digital assets like Dogecoin. Musk’s Twitter activity has been particularly impactful, often sparking significant price changes with just a single tweet. As the so-called “Dogefather,” Musk has consistently supported Dogecoin, using his massive influence to fuel its rise. His endorsements, which include public statements and actions such as changing the Twitter logo to the iconic Dogecoin Shiba Inu dog, have energized the community and attracted more investors. Whenever Musk tweets about Dogecoin, the market reacts almost immediately, leading to an influx of new investors eager to capitalize on the price changes. While Musk’s influence on Dogecoin is undeniable, another unexpected source of support has come from Donald Trump. Known for his initial scepticism towards cryptocurrency, Trump’s recent comments have been more open-minded, especially regarding the role of digital currencies in the future of finance. Trump’s endorsement of Dogecoin and his plans to create the Department of Government Efficiency (DOGE), with Musk as a key advisor, have added an element of legitimacy to the coin. This endorsement has further fueled the market’s optimism and contributed to the recent Dogecoin value surge. ### **Technical Analysis: The Bullish Momentum** Beyond social media and celebrity endorsements, technical indicators also reveal strong bullish momentum for Dogecoin. The 50-day moving average recently crossed above the 200-day moving average, signalling a potential continued uptrend. The Relative Strength Index (RSI) is also above 70, indicating that Dogecoin may be in overbought territory, but suggesting that bullish sentiment could persist in the short term. Support levels for Dogecoin are currently around $0.47, where buying pressure has historically increased. Resistance is seen near the $0.60 mark, where selling pressure tends to build. Traders and investors are keeping a close eye on these levels as they provide insights into future price action. ### **The Role of Public Perception and Market Sentiment** Ultimately, Dogecoin’s recent success is a reflection of the shifting dynamics in the cryptocurrency market. As digital currencies become more widely accepted, celebrity endorsements and social media discussions have become key factors in driving market sentiment. Investors are increasingly influenced by online trends, with public figures like Musk and Trump playing critical roles in shaping the narrative around Dogecoin and other cryptocurrencies. Despite its origins as a meme coin, Dogecoin has proven that it can thrive in a volatile market, thanks to the support of high-profile individuals and the broader crypto community. As the 2024 crypto bull run continues, Dogecoin’s rise shows that social media buzz, celebrity backing, and technical indicators are powerful forces shaping the digital asset space. In conclusion, while the future of Dogecoin remains uncertain, the impact of figures like Elon Musk and Donald Trump, along with the increasing power of social media in the crypto world, will likely continue to influence its price movements. For now, Dogecoin’s surge is a testament to the ever-evolving landscape of the digital asset market. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development **Tags:** Cryptocurrency, Doge, Dogecoin, MEMECOINS --- ### [Crypto Market Bull Run 2024](https://blog.unocoin.com/crypto-market-bull-run-2024/) **Published:** December 18, 2024 **Author:** Unocoin Growth **Content:** ### **Introduction** The crypto market is buzzing with anticipation as we approach what many believe to be the beginning of a transformative bull run in 2024. With [Bitcoin](https://unocoin.com/in/exchange/inr/btc) reaching new heights and altcoins poised for significant growth, the year is shaping up to be pivotal for crypto enthusiasts and investors alike. In this blog, we’ll dive into the factors fueling this optimism, key indicators to watch, and strategies to navigate the market effectively. ### **What is a Crypto Bull Run?** A crypto bull run is a sustained period of upward price movement across the cryptocurrency market, driven by factors such as increased adoption, regulatory clarity, and technological advancements. Bull runs often create opportunities for both seasoned and new investors to capitalize on significant price surges. The last notable bull run in 2021 saw Bitcoin crossing $60,000 and altcoins like Ethereum and Solana achieving unprecedented growth. As we move into 2024, similar dynamics are beginning to unfold. ### **Key Factors Driving the 2024 Bull Run** #### **1. Bitcoin Dominance and ETF Approvals** The approval of spot Bitcoin ETFs by major asset managers like BlackRock has renewed institutional confidence in cryptocurrencies. Bitcoin has already surpassed $73,000 this year, and its growing acceptance as “digital gold” continues to attract traditional investors. #### **2. Political and Economic Shifts** The re-election of Donald Trump as the U.S. President has sparked optimism around pro-business policies, including potential deregulation of the crypto market. These changes, coupled with anticipated Federal Reserve rate cuts, create a favorable environment for the market’s growth. #### **3.[ Altcoin Season](https://unocoin.com/in/exchange/inr/eth) on the Horizon** Altcoin performance typically surges after Bitcoin stabilizes. Ethereum, Solana, and Cardano are showing strong momentum, driven by increased adoption in DeFi, NFTs, and blockchain applications. The decline in Bitcoin dominance to around 55% signals that an altcoin rally may be imminent. ### **How to Navigate the Bull Run** #### **1. Stay Updated on Market Trends** Tools like the Altcoin Season Index and TradingView provide valuable insights into market dynamics. Monitoring these tools can help you time your investments effectively. #### **2. Diversify Your Portfolio** Diversification is crucial in a volatile market. Allocate funds across Bitcoin, top-performing altcoins, and promising low-cap coins to balance potential risks and rewards. #### **3. Focus on Emerging Sectors** Sectors like decentralized finance (DeFi), NFTs, and Web3 are driving innovation. Investing in altcoins powering these ecosystems can yield significant returns. #### **4. Have a Clear Exit Strategy** Set profit targets and stop-loss levels to lock in gains and minimize losses. Crypto’s volatility necessitates disciplined risk management. ### **Conclusion** The 2024 crypto bull run is shaping up to be one of the most exciting phases in the market’s history. With Bitcoin’s momentum, altcoin season nearing, and institutional interest at an all-time high, the opportunities are immense. By staying informed, diversifying your investments, and implementing a sound strategy, you can position yourself to thrive in this dynamic market. Prepare now to make the most of this promising phase in the crypto journey. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Altcoin Season 2024: Is This the Start of a Rally or the End of the Hype?](https://blog.unocoin.com/altcoin-season-2024/) **Published:** December 15, 2024 **Author:** Unocoin Growth **Content:** As the crypto market continues its dynamic evolution, traders and investors are bracing for the much-anticipated altcoin season 2024. This period marks a significant shift in market behaviour, with altcoins—cryptocurrencies other than Bitcoin—outperforming Bitcoin in terms of price growth. For crypto enthusiasts, altcoin season presents unique opportunities and challenges that require a solid understanding of market trends and strategic preparation. In this blog, we’ll explore the altcoin season, how to identify its arrival, and the top strategies for maximizing gains while managing risks effectively. ### **What is [Altcoin](https://unocoin.com/in/exchange/inr/eth) Season?** Altcoin season is a recurring phase in the crypto market where altcoins experience substantial price surges relative to Bitcoin. This shift often occurs when Bitcoin dominance—its share of the total cryptocurrency market capitalization—declines, signalling that investors are reallocating funds into altcoins. Popular altcoins such as Ethereum, Solana, and Binance Coin tend to lead the charge during this period, while smaller-cap coins often experience explosive growth. Key factors driving altcoin season include: - **Market Sentiment:** Positive news around blockchain innovations and partnerships can spark interest in altcoins. - **[Bitcoin](https://unocoin.com/in/exchange/inr/btc) Consolidation:** When Bitcoin’s price stabilizes or declines, traders often seek higher returns in altcoins. - **Emerging Trends:** Developments in DeFi, NFTs, and Web3 technologies contribute to altcoin popularity. ### **Signs That Altcoin Season Is Near** 1. **Declining Bitcoin Dominance:** A sharp decrease in Bitcoin’s market share often signals the beginning of altcoin season. Currently, Bitcoin dominance has seen fluctuations, hinting at the potential for an altcoin rally. 2. **Altcoin Season Index:** Tools like the Altcoin Season Index track market performance, indicating whether altcoins are collectively outperforming Bitcoin. 3. **Increased Altcoin Volume:** A rise in trading volume for altcoins is another indicator of shifting market dynamics. ### **How to Prepare for Altcoin Season** #### **1. Research Altcoins with Potential** Not all altcoins perform equally during this season. Focus on projects with solid fundamentals, active development teams, and strong use cases. Coins like Ethereum (ETH) and Solana (SOL) often perform well, but exploring mid-cap and promising low-cap altcoins can uncover hidden gems. #### **2. Monitor Market Indicators** Stay updated on Bitcoin dominance and altcoin performance metrics using platforms like TradingView and Blockchaincenter.net. These tools provide valuable insights to time your trades effectively. #### **3. Diversify Your Portfolio** Diversification is crucial to manage risk. Allocate investments across a mix of large-cap, mid-cap, and low-cap altcoins to capture gains while minimizing exposure to volatility. #### **4. Have a Clear Exit Strategy** The crypto market is highly volatile. Set clear profit targets and stop-loss levels to lock in gains and protect against sudden price drops. #### **5. Stay Informed on Trends** Emerging sectors like DeFi, NFTs, and Web3 often lead to altcoin growth. Keep an eye on news and updates to identify promising projects early. ### **Conclusion** Altcoin season offers unparalleled growth opportunities, but it also demands careful preparation and strategic planning. By understanding market indicators, researching promising altcoins, and employing effective risk management strategies, you can position yourself to thrive in the dynamic crypto landscape. Stay informed, stay diversified, and seize the potential of altcoin season 2024 with confidence. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Altcoin Season, Best AltCoins, Crypto, crypto 2024 --- ### [Celebrating 11 Years of Unocoin: A Journey of Trust, Innovation, and Crypto Excellence](https://blog.unocoin.com/celebrating-11-years-of-unocoin-a-journey-of-trust-innovation-and-crypto-excellence/) **Published:** December 14, 2024 **Author:** Unocoin Growth **Content:** It’s incredible to think about the journey that began over ten years ago. Today, we proudly celebrate the 11th anniversary of Unocoin – a testament to our unwavering commitment to driving cryptocurrency innovation and fostering financial empowerment in India. Founded by Sathvik Vishwanath and Sunny Ray, Unocoin has grown from a bold idea into a cornerstone of the Indian crypto ecosystem. During these 11 years, Unocoin has continuously paved the way for the verification and acceptance of cryptocurrencies in India. **Beginning:** The story began with Sunny Ray, a Canadian-born visionary fascinated by Bitcoin’s potential to revolutionize finance. His passion led him to start a blog called “Unocoin” (where “Uno” means “one” in Spanish). During a community meeting in Bangalore, Sunny met Sathvik Vishwanath, a tech-savvy entrepreneur who shared his vision for digital currencies. Together, they transformed Unocoin from a blog into India’s first cryptocurrency exchange. **Early years:** The road was far from smooth. Cryptocurrencies have faced scepticism and regulatory uncertainty in India. Despite these challenges, Unocoin has remained steadfast in its mission. A major breakthrough came when [Barry Silbert](https://www.forbes.com/profile/barry-silbert/), a global crypto thought leader, invested in Unocoin. This investment validated Unocoin’s vision and moved it forward. **Legal triumph:** One of the most defining moments in Unocoin’s history was its fight for legal recognition. When the Indian government proposed a blanket ban on cryptocurrencies, Unocoin co-founder [Harish B.V.](https://www.linkedin.com/in/bvharish/?originalSubdomain=in) stood firm and challenged the ban in court. The historic legal victory not only ensured the survival of Unocoin but also cemented the legitimacy of cryptocurrencies in India. **11 years later:** Today, Unocoin is a symbol of resilience and innovation. With a strong foundation and an ever-expanding user base, Unocoin continues to empower Indians to embrace financial freedom. As we celebrate our 11th anniversary, we reflect on the milestones achieved and look forward to shaping the future of digital finance in India. ### **Unocoin’s Contributions to the Cryptocurrency Landscape:** 1. **[ India’s First Cryptocurrency Exchange:](https://unocoin.com/in/)** Unocoin was the first to introduce a secure and user-friendly digital asset trading platform in India, laying the foundation for the crypto revolution in the country. 2. **Bitcoin Wallet Services:** The Unocoin wallet has enabled users to securely store and manage their bitcoins and has become a trusted tool for cryptocurrency enthusiasts. 3. **Merchant Integration:** Unocoin’s payment solutions have enabled merchants to accept cryptocurrencies, bridging the gap between digital and real-world transactions. 4. **Educational initiatives:** Unocoin is a leader in supporting cryptocurrency education, giving users the knowledge they need to confidently navigate the world of blockchain and digital currencies. 5. **Innovative partnership:** Through strategic cooperation, Unocoin continuously improves its offerings and ensures a dynamic and comprehensive experience for its users. ### **Unocoin’s Vision of the future:** Unocoin’s journey is far from over. As the crypto industry rapidly evolves, Unocoin remains committed to fostering innovation, ensuring security and expanding its reach. As we celebrate an incredible 11 years, we express our sincere gratitude to our users, partners and supporters who have been an integral part of our success. Here’s to many more years of innovation, growth and financial inclusion. Happy 11th Anniversary, Unocoin! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** bitcoin, Crypto, Unocoin --- ### [Understanding Blockchain vs Crypto](https://blog.unocoin.com/understanding-blockchain-vs-crypto/) **Published:** December 11, 2024 **Author:** Unocoin Growth **Content:** ### **Introduction** Blockchain and cryptocurrencies (cryptos) have become integral components of the digital revolution, often used interchangeably in casual discussions. However, they represent two distinct yet interconnected concepts. Blockchain serves as the foundation of decentralized systems, while crypto is a digital asset leveraging this technology. This distinction is critical for navigating the evolving world of digital finance and innovation. In this blog, we will explore the differences, similarities, and future prospects of blockchain and crypto, offering a comprehensive understanding for enthusiasts, investors, and technologists alike. ### **What is Blockchain?** Blockchain is a decentralized, immutable ledger that records transactions across a network of computers. Its decentralized nature eliminates the need for intermediaries, ensuring data security, transparency, and efficiency. Blockchain links transactions (blocks) through cryptographic hashes, forming an unalterable chain. Key applications of blockchain include: - **Supply Chain Management:** Ensuring transparency and traceability. - **Healthcare:** Safeguarding sensitive patient data. - **Finance:** Powering decentralized finance (DeFi) and secure transactions. The versatility of blockchain extends beyond cryptocurrency, promising to revolutionize industries by creating trust in trustless environments. ### **What is Crypto?** Cryptocurrencies are digital or virtual assets secured by cryptography, primarily operating on blockchain technology. Bitcoin, the first cryptocurrency, paved the way for a vast ecosystem of digital assets like Ethereum, Solana, and Ripple. These assets serve multiple purposes, such as: - **Medium of Exchange:** Facilitating peer-to-peer transactions without intermediaries. - **Store of Value:** Acting as digital alternatives to traditional assets like gold. - **Unit of Account:** Enabling seamless valuation and accounting in the digital realm. Cryptos vary in their design and utility. For example, Bitcoin emphasizes decentralization and scarcity, while Ethereum powers smart contracts and decentralized applications (dApps). Despite their potential, cryptos are subject to market volatility and regulatory scrutiny. ### **Similarities Between Blockchain and Crypto** Blockchain and crypto share several foundational characteristics: 1. **Decentralization:** Operate without centralized control, fostering trust and security. 2. **Transparency:** Ensure visibility of transactions for participants. 3. **Cryptographic Security:** Employ advanced algorithms to protect data and assets. 4. **Distributed Ledger:** Utilize a shared database to maintain integrity. ### **The Future of Blockchain and Crypto** Blockchain’s future is bright, with its adoption expanding across sectors like governance, supply chain, and entertainment. Its ability to drive efficiency, transparency, and innovation makes it a cornerstone of technological progress. Conversely, crypto’s trajectory involves balancing decentralization with regulatory oversight. Central Bank Digital Currencies (CBDCs) could redefine crypto’s role, merging the stability of fiat with blockchain’s efficiency. As market dynamics and legal frameworks evolve, cryptos are likely to transform from speculative assets to mainstream financial tools. ### **Conclusion** Blockchain and crypto represent complementary elements of the digital economy. Blockchain is the foundation, enabling trust and transparency, while crypto adds value as a digital asset ecosystem. By understanding their roles, potential, and challenges, individuals and businesses can better navigate the dynamic landscape of digital finance and technology. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Bitcoin Surges Past $100K: Is $200K on the Horizon for 2025?](https://blog.unocoin.com/bitcoin-surges-past-100k-is-200k-on-the-horizon-for-2025/) **Published:** December 9, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency world witnessed a monumental moment as Bitcoin surged past the $100,000 milestone, marking a historic achievement for the digital asset market. This surge is fueled by optimism around US President-elect Donald Trump’s appointment of Paul Atkins, a pro-crypto advocate, as the head of the US Securities and Exchange Commission (SEC). With Bitcoin’s market capitalization soaring beyond $2 trillion for the first time, investors and analysts are speculating whether the next stop for BTC could be $200,000 in 2025. #### **A Historic Breakout** On December 5, 2024, Bitcoin achieved what many thought was a distant dream, breaking the psychological barrier of $100,000. This rally, which saw BTC touching highs of $105,000 before retracing slightly to $99,421.99, underscores the growing confidence in digital assets amid positive regulatory signals. The market’s Fear-Greed Index climbed to 78, indicating extreme greed and a bullish sentiment among traders. #### **The Trump Effect** The appointment of Paul Atkins as the head of the SEC is a game-changer. Known for his pro-crypto stance, Atkins’ leadership is expected to pave the way for clearer regulations, fostering innovation and adoption in the cryptocurrency space. This has injected new life into the market, with Bitcoin leading the charge. #### **Technical Analysis: What’s Next?** From a technical perspective, Bitcoin’s breakout above $100,000 signals the start of a new bullish phase. Key indicators remain positive: - **RSI (Relative Strength Index):** At 64.11, Bitcoin is not yet in overbought territory, suggesting room for further upward movement. - **MACD (Moving Average Convergence Divergence):** While slightly negative at -802.9, a shift in momentum could align with bullish sentiment. - **Support Levels:** The $100,000 level is now critical support, followed by $75,093.63 and $67,341.39. - **Resistance Levels:** Immediate resistance lies at $105,000, with the potential to test $120,000 in the coming months. #### **The Road to $200K** Looking ahead, Bitcoin’s path to $200,000 appears promising. In 2025, the following factors could play a crucial role: - **Institutional Adoption:** Increased interest from institutions seeking to diversify portfolios with digital assets. - **Global Regulatory Clarity:** Supportive policies in key markets like the US and Europe. - **Supply Dynamics:** With the next Bitcoin halving in 2024, reduced supply could drive prices higher. #### **Challenges to Watch** Despite the optimism, potential challenges remain: - **Macroeconomic Factors:** A global economic slowdown or interest rate hikes could impact risk assets like Bitcoin. - **Regulatory Hurdles:** While Paul Atkins’ appointment is a positive development, unforeseen regulatory clampdowns in other regions could dampen enthusiasm. - **Market Volatility:** High volatility remains a double-edged sword for traders and investors. #### **Conclusion** As Bitcoin enters uncharted territory above $100,000, its future appears brighter than ever. The appointment of a crypto-friendly SEC head, coupled with strong technical indicators, sets the stage for continued growth. While challenges persist, the bullish sentiment suggests that $200,000 by 2025 is more than just a possibility—it could be the next chapter in Bitcoin’s remarkable journey. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin 2024, Btc, crypto 2024 --- ### [How to Find Tokens Before They Pump | The Ultimate 2025 Guide with Unocoin](https://blog.unocoin.com/how-to-find-tokens-before-they-pump/) **Published:** December 5, 2024 **Author:** Unocoin Growth **Content:** In the world of cryptocurrency, altcoins have the potential to generate extraordinary returns. For instance, MATIC was trading at just $0.016 in early 2020 and skyrocketed to $2.73 a year later – an impressive 171x increase. Elrond (EGLD) experienced a similar surge, jumping from $7.06 to $549.23 in less than 12 months. Imagine if you’d discovered these tokens before they pumped. Investing just $500 could have turned into $124,500. So, how do you spot the next big token early on? Here’s how you can do it with Unocoin! ### **1. Utilize On-Chain Analytics with [Unocoin](https://unocoin.com/in/exchange/inr/btc)** To find tokens before they pump, you need access to real-time, reliable data. At Unocoin, we integrate powerful on-chain analytics tools that provide actionable insights about token performance, market trends, and emerging altcoins. These tools allow you to track the growth of tokens, spot patterns, and identify early-stage opportunities, so you can make informed decisions and enter before the masses catch on. ### **2. Avoid the 3 Common Trading Mistakes** While discovering tokens before they explode in value is key, avoiding common trading pitfalls is equally important. Here are the three main mistakes traders make, and how Unocoin helps you avoid them: - **Fear of Missing Out (FOMO):** Many traders impulsively buy tokens when the market is overheated. Using Unocoin’s advanced trading signals and insights, you can avoid FOMO and make decisions based on data rather than emotions. - **Scams:** The crypto market is ripe for scams and rug pulls. With our platform’s security features and token verification processes, you can spot red flags and avoid falling victim to fraudulent schemes. Our tools allow you to analyze a token’s history and potential risks, helping you stay safe. - **Time Constraints:** The crypto market operates 24/7, and keeping track of emerging tokens can be overwhelming. Unocoin’s real-time alerts and automated tools help you stay on top of market movements, ensuring you never miss an opportunity, even with limited time. ### **3. Leverage Token Insights for Strategic Investments** At Unocoin, we make it easier to track the right tokens by offering detailed analytics and charting tools. These tools allow you to monitor tokens that have a strong growth potential. By analyzing a token’s price action, market sentiment, and investor behaviour, you can identify promising [altcoins](https://unocoin.com/in/exchange/inr/eth) before they surge in value. ### **4. Be Prepared for the Next Bull Run** The next bull market is just around the corner, and it’s important to start preparing now. With Unocoin, you gain access to the resources, data, and tools to find high-potential tokens before they gain mainstream attention. Stay proactive, use our insights to monitor new projects, and position yourself to capitalize on the next big move in crypto. ### **Conclusion** To succeed in crypto, it’s crucial to stay ahead of the curve. By utilizing Unocoin’s powerful tools, avoiding common trading mistakes, and staying informed, you can discover tokens before they pump. Don’t miss out on the next big opportunity in crypto – start your journey with Unocoin today and make smart, data-driven investment decisions for 2025 and beyond. **Ready to find tokens before they pump? Explore Unocoin now! [Download unocoin Now!](http://unoco.in/app?utm_source=blog&utm_medium=website)** Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Bitcoin Hits $100k: A New Era for Cryptocurrency](https://blog.unocoin.com/bitcoin-hits-100k-a-new-era-for-cryptocurrency/) **Published:** December 5, 2024 **Author:** Unocoin Growth **Content:** The moment crypto enthusiasts have been waiting for is finally here—Bitcoin has reached the $100,000 milestone, marking a historic day for the cryptocurrency market. This achievement underscores the resilience and growing adoption of digital assets globally, fueled by a blend of regulatory progress, institutional interest, and an expanding retail investor base. ## **How Did [Bitcoin](https://unocoin.com/in/exchange/inr/btc) Reach This Milestone?** Bitcoin’s meteoric rise to $100,000 has been driven by several key factors: 1. **Institutional Adoption**: Corporations like MicroStrategy and Metaplanet continue to accumulate Bitcoin, bolstering investor confidence. MicroStrategy now holds 1.5% of Bitcoin’s total supply, setting a new benchmark for corporate involvement in crypto. 2. **Regulatory Optimism**: Recent U.S. political shifts, including the Trump administration’s pro-crypto stance, have paved the way for favourable policies. These changes have rekindled investor optimism, pushing prices higher. 3. **Market Dynamics**: Retail investor sentiment, as measured by JPMorgan’s retail index, has soared to unprecedented levels, indicating heightened interest in Bitcoin as a long-term asset. ### **What’s Next for Bitcoin?** Bitcoin’s success has ignited speculation about the next big move. While some analysts predict a continued climb toward $200,000, others caution about potential market corrections. Nonetheless, this milestone cements Bitcoin’s position as a leading global asset and a hedge against traditional market volatility. ### **Altcoin Season is Here** As Bitcoin’s dominance in the crypto market approaches 58%, investors are eagerly anticipating an “alt season.” Historically, a decline in Bitcoin’s dominance has led to significant gains in altcoins like Ethereum, Solana, and others. This could mean diversified opportunities for investors looking to capitalize on the broader crypto market rally. ### **What It Means for Us** At Unocoin, we understand the importance of staying ahead in the crypto market. Whether you’re a long-term holder or a first-time investor, our platform offers seamless access to Bitcoin and over 60 other cryptocurrencies. With Bitcoin’s rise to $100,000, the possibilities are endless, and we’re here to help you navigate this exciting journey. **Stay tuned for more updates and market insights. The future of crypto is bright, and Bitcoin has just shown us the way forward.** Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Market Analysis **Tags:** Bitcoin 2024, Bitcoin Ath, Btc, BTC 100K --- ### [Why PEPE Coin is Worth Considering for Your Portfolio?](https://blog.unocoin.com/why-pepe-coin-is-worth-considering-for-your-portfolio/) **Published:** November 25, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency world is constantly evolving, and new tokens often emerge that captivate both experienced investors and beginners alike. One such token that has recently made waves is the PEPE coin. Inspired by the meme character Pepe the Frog, the PEPE coin has risen to prominence since its launch in April 2023. In this blog, we explore why PEPE might be a meme coin worth considering for your portfolio and how Unocoin users can engage with it effectively. ### **What is PEPE Coin?** PEPE coin is a meme coin that was inspired by Pepe the Frog, a cartoon character turned internet meme. Initially created by artist Matt Furie in 2005, Pepe’s journey from a simple meme to a cryptocurrency is a unique one. Launched in April 2023, the PEPE coin quickly gained popularity due to its humorous origin, which struck a chord with the crypto community. What’s remarkable about PEPE is how it blends internet culture with decentralized finance, creating a meme coin that isn’t just a joke—it has real market potential. Since its launch, PEPE coin has soared in value, hitting a $1 billion market cap in less than three weeks and securing its spot among the top 100 cryptocurrencies by market capitalization. Today, it remains a top contender in the meme coin sector, thanks to a dedicated community and a clear roadmap for future developments. ### **Why Consider PEPE Coin for Your Portfolio?** 1. **Strong Community Support One of the key drivers behind PEPE’s success is its massive, loyal community. The PEPE coin Army consists of over 100,000 holders who are passionate about the token’s growth and its integration into the wider crypto ecosystem. A strong community can often lead to sustained interest in the project, and PEPE’s enthusiastic base of supporters is a major factor in its potential for growth. 2. **Transparent and Attractive Tokenomics PEPE coin’s tokenomics are designed to be simple and transparent. With a total supply of over 420 trillion tokens, PEPE has a supply structure that makes it accessible to a wide range of investors. The liquidity pool contains 93% of the total supply, which was then burned to create scarcity. This system can create upward pressure on the price as demand increases, making PEPE an attractive investment for those looking for a speculative, yet potentially rewarding, asset. 3. **Meme Coin with a Vision While meme coins like Dogecoin and Shiba Inu are built on humour, the PEPE coin has bigger aspirations. The PEPE team has laid out a roadmap for community partnerships, custom merchandise, and further NFT marketplace developments. The project’s long-term vision goes beyond just being a fun meme, which might appeal to investors looking for a meme coin with staying power. ### **How to Trade PEPE Coin on Unocoin?** At Unocoin, we’re always looking to offer users opportunities to trade and invest in new and exciting cryptocurrencies. While PEPE isn’t listed yet on Unocoin, keep an eye out for announcements as we continue to explore new coins that can enrich your portfolio. [Trade Pepe Now!](https://unocoin.com/in/exchange/inr/pepe) In the meantime, Unocoin offers a user-friendly interface to trade and manage your assets, so when PEPE coin or other meme coins become available, you’ll be ready to jump in. ### **Final Thoughts: Is PEPE Coin Right for You?** PEPE coin might be a meme coin, but its rapid rise and strong community support indicate that it has the potential to be more than just a passing trend. However, like all cryptocurrencies, investing in PEPE comes with risks, especially given the volatility and speculative nature of meme coins. Before adding PEPE to your portfolio, make sure you’ve done your research and understand your investment goals. At Unocoin, we’re here to help guide you through your crypto journey, offering easy-to-use tools and educational resources to help you make informed decisions. Stay tuned for updates, and happy trading! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** crypto 2024, Cryptocurrency, MEMECOINS, pepe --- ### [Toncoin Price Prediction 2024-2030: Forecast and Insights](https://blog.unocoin.com/toncoin-price-prediction-2024-2030-forecast-and-insights/) **Published:** November 22, 2024 **Author:** Unocoin Growth **Content:** Toncoin (TON), the native cryptocurrency of the decentralized Open Network (TON), has seen growing interest since its inception. With strong backing from Telegram’s founders and a rapidly expanding ecosystem, Toncoin is poised for significant growth in the coming years. In this article, we’ll explore Toncoin’s potential price trajectory from 2024 to 2030. **Overview of Toncoin (TON)** Toncoin was originally developed by Telegram’s Pavel and Nikolai Durov, with a vision to create a blockchain that could handle millions of transactions per second. Despite facing setbacks, including regulatory issues with the SEC in 2019, Toncoin has rebounded and continued its development through community-driven efforts. TON uses a proof-of-stake (PoS) consensus and is designed for scalability, with fast transactions and minimal latency. Toncoin plays a central role in the TON ecosystem, facilitating payments, staking, and governance and supporting decentralized apps, storage, and more. As the adoption of these services grows, demand for Toncoin is expected to increase. **Toncoin Price Prediction 2024** The cryptocurrency market has witnessed strong growth in 2024, and Toncoin has followed suit. At its peak, the price reached $8.24 in June 2024, driven by the overall market rally. With bullish indicators such as strong technical analysis and a favourable market outlook, Toncoin will likely surpass the $10 mark by the end of 2024, provided that market conditions remain positive. **Toncoin Price Prediction 2025-2030** Looking further ahead, Toncoin’s price could experience substantial growth between 2025 and 2030. With increased adoption, strategic partnerships, and technological advancements such as TON Sites, TON DNS, and decentralized file storage, Toncoin’s utility will drive its demand. - **2025**: As the ecosystem matures and more businesses adopt TON-based services, the price could approach $15–$20. - **2026-2027**: If Toncoin continues to attract institutional interest and the TON network scales effectively, a price range of $30–$40 is possible. - **2028-2030**: Should TON maintain its competitive edge and grow significantly in both adoption and technological development, Toncoin could hit $50–$100 by 2030. **Key Factors Influencing Toncoin’s Price** - **Market Conditions**: The broader cryptocurrency market dynamics will play a major role in Toncoin’s price trajectory. Toncoin tends to rise in bull markets and may dip during market corrections. - **Adoption**: The more developers, businesses, and users integrate Toncoin into their services, the higher the demand for the token. - **Technological Developments**: Key upgrades and the successful launch of features like TON Sites and TON Payments will enhance Toncoin’s use cases and could propel its value. **Conclusion** Toncoin has strong potential for growth from 2024 to 2030. While short-term volatility is likely, the long-term outlook remains positive due to the project’s innovative technology, solid use cases, and increasing adoption. With strategic partnerships and continuous development, Toncoin could experience a steady upward trajectory in the years ahead. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Crypto Insights, Cryptocurrency, Decentralization, TONCOIN --- ### [Should You Invest in Dogecoin? Exploring the Benefits and Risks](https://blog.unocoin.com/should-you-invest-in-dogecoin-exploring-the-benefits-and-risks/) **Published:** November 19, 2024 **Author:** Unocoin Growth **Content:** Dogecoin ([DOGE](https://unocoin.com/in/exchange/inr/doge)), initially created as a meme-based cryptocurrency, has gained significant popularity over time due to its unique origins, dedicated community, and substantial media coverage. With its fun and approachable image, Dogecoin has captured the attention of novice and seasoned cryptocurrency investors. However, it comes with notable advantages and disadvantages that potential investors should consider. ## **Advantages of Dogecoin:** One of Dogecoin’s primary strengths is its vibrant and active community. Unlike many other cryptocurrencies, which tend to focus on technical aspects and institutional interest, Dogecoin has built a reputation as “the people’s coin.” This has led to a strong support base, allowing it to maintain relevance over time. Its loyal community has also helped Dogecoin survive market downturns and remain in the spotlight, contributing to its widespread popularity. Dogecoin also benefits from fast and low-cost transactions. Its blockchain has an average block time of one minute, enabling relatively quick transactions compared to Bitcoin and other major cryptocurrencies. With low transaction fees, Dogecoin is a practical choice for small, everyday transactions and micro-payments. Many users find it ideal for tipping content creators or sending small amounts due to its cost-effectiveness. In addition, Dogecoin is easily accessible. It is listed on most major cryptocurrency exchanges and can be traded for fiat currencies, making it readily available to a broad audience. This accessibility, combined with its approachable, less technical image, has drawn in many users who are new to cryptocurrency, further increasing its popularity and adoption. Furthermore, Dogecoin has received extensive media recognition. Despite its beginnings as a joke, Dogecoin has gained serious attention through endorsements from high-profile figures like Elon Musk. These endorsements, along with social media hype, have helped fuel price spikes and increased its user base, strengthening its position in the cryptocurrency landscape. ## **Disadvantages of Dogecoin:** Despite its popularity, Dogecoin faces several limitations. One major drawback is its limited development and innovation. Created initially as a fun experiment, Dogecoin’s code has not seen significant updates compared to other major cryptocurrencies. This lack of ongoing development limits its potential for advanced use cases, and its technological foundation remains relatively basic. Dogecoin is also highly volatile and heavily influenced by social media trends, making it prone to dramatic price fluctuations. The price of DOGE often reflects market sentiment rather than technical advancements or real-world adoption. While this volatility can bring rapid gains, it also increases the risk of substantial losses, making Dogecoin a speculative asset in many investors’ eyes. Another drawback is Dogecoin’s limited use cases. While it is commonly used for tipping, donations, and small online transactions, its real-world applications remain minimal. Dogecoin has yet to achieve widespread merchant adoption or integration into decentralized finance (DeFi) ecosystems, limiting its utility compared to other cryptocurrencies with broader applications. Finally, Dogecoin’s origin as a meme-based cryptocurrency can undermine its credibility. Though its humorous beginnings contributed to its popularity, this perception has made it challenging to attract serious investors who see it as a speculative, hype-driven asset rather than one with intrinsic value or technological advantage. **Conclusion:** Dogecoin has undoubtedly become a well-known cryptocurrency with a strong community and some practical advantages, especially for smaller transactions. However, it also faces challenges due to limited innovation, high volatility, and limited use cases. Investors should carefully consider these factors before investing, as Dogecoin’s future largely depends on continued community support and the broader market sentiment in cryptocurrency. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Ethereum Price Prediction 2025-2030 Could ETH Hit $4K in 2024?](https://blog.unocoin.com/ethereum-price-prediction-2025-2030-could-eth-hit-4k-in-2024/) **Published:** November 13, 2024 **Author:** Unocoin Growth **Content:** Ethereum continues to show impressive momentum in 2024, as positive market developments and rising institutional interest hint at a strong upward trajectory. Spot Ethereum ETF approvals and an anticipated network upgrade are drawing attention to Ethereum as a key player in the decentralized finance (DeFi) space, raising the question: could Ethereum price reach the $4,000 mark by year’s end? ## **Current Market Position of Ethereum:** Ethereum is currently priced at $3,148 with a market cap of $381 billion and a circulating supply of over 120 million ETH. Despite occasional price fluctuations, sentiment remains bullish, as reflected by a Fear-Greed Index of 73, indicating significant market optimism. ### **Recent Performance and Market Sentiment:** Ethereum has surged by 29.2% over the past week, keeping pace with broader crypto market trends. Now trading above $3,000 for the first time in months, Ethereum is benefiting from positive sentiment and strong demand, suggesting continued growth potential. ### **Technical Analysis of Ethereum:** Ethereum’s price has recently broken above both the 50-day and 200-day Exponential Moving Averages (EMAs), though a current death cross pattern signals possible short-term bearish pressure. However, if the bullish trend remains, a golden cross may be on the horizon, strengthening the potential for further gains. ### **[Ethereum Price](https://unocoin.com/in/exchange/inr/eth) Predictions:** Analysts predict Ethereum could reach between $3,200 and $3,500 by November’s end, with room to climb further into December, possibly approaching $4,000. Looking ahead, Ethereum’s price trajectory could see it breaking $10,000 by 2025, spurred on by sustained momentum and market support. #### **Future Outlook: Ethereum’s growth will likely continue throughout 2024, supported by institutional interest, the introduction of spot ETFs, and the upcoming Ethereum “Pectra” upgrade in 2025. As Ethereum’s ecosystem expands, so does its potential for long-term market dominance and price growth, making it a compelling asset in the crypto space. With these developments, Ethereum’s future looks bright. Investors and enthusiasts alike are watching closely as ETH positions itself as a leading player in the crypto market, potentially setting the stage for further gains in 2025 and beyond. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Market Analysis **Tags:** cryptocurrency prices in 2024, Ethereum Future, Ethereum Price, Price prediction --- ### [Fundamental Analysis in Crypto [Updated Guide]](https://blog.unocoin.com/fundamental-analysis-in-crypto-updated-guide/) **Published:** November 11, 2024 **Author:** Unocoin Growth **Content:** Fundamental analysis (FA) is essential for evaluating the intrinsic value of cryptocurrency assets, especially given the volatility of the crypto market. Unlike technical analysis, which focuses on price trends and patterns, fundamental analysis examines various factors influencing an asset’s long-term value. In crypto, FA involves assessing the underlying purpose, team, tokenomics, partnerships, and other project fundamentals to determine whether a cryptocurrency is overvalued or undervalued, guiding informed investment decisions. One of the first steps in crypto fundamental analysis is to understand the target market and assess competition. Analyzing a project’s target market involves identifying the specific problem it aims to solve, whether it has a viable market and its potential for widespread adoption. Additionally, researching competitors can provide insights into a project’s uniqueness and competitive edge. For instance, if a project offers a unique solution compared to existing competitors, it may have a stronger growth potential. The team behind a crypto project is a significant indicator of its likelihood of success. Evaluating team members’ backgrounds, experience, and expertise helps gauge their ability to achieve the project’s goals. Reviewing the project’s roadmap and development milestones provides insight into whether the team is meeting expectations and progressing as planned. A transparent, experienced team with a clear roadmap is generally a positive indicator in fundamental analysis. Tokenomics is a critical component of crypto FA, referring to the economic structure of a cryptocurrency token. This includes the total supply, distribution model, inflation rate, and how tokens are allocated. Projects with a well-planned tokenomics structure tend to attract more investors. In addition to tokenomics, understanding a token’s utility is key to assessing its potential. Tokens with practical applications—such as being used in transactions, governance, or staking within an ecosystem—often hold greater value. Partnerships and real-world use cases enhance a project’s credibility and adoption potential. Strategic alliances with established organizations indicate support and confidence in the project. Furthermore, identifying real-world use cases can show whether the project addresses a tangible problem, which could enhance its value and long-term viability. Community feedback also plays a crucial role in fundamental analysis. In the decentralized world of crypto, strong community support can significantly impact a project’s success. Projects with active and positive community engagement generally demonstrate resilience and growth potential, as a loyal community often translates to sustained interest and adoption. On-chain metrics provide valuable insights into blockchain activity and asset usage. By tracking metrics such as the number of wallet addresses, transaction volumes, and transaction frequency, investors can gauge a cryptocurrency’s performance and adoption trends. Platforms like CryptoQuant and Glassnode provide these insights, enabling a deeper understanding of the asset’s real-time usage and popularity. Several tools and ratios assist in fundamental analysis. For example, BaseRank ranks crypto projects based on community feedback and research, while Cryptocurrency Fees tracks network fees to show demand. Ratios such as Network Value to Transactions (NVT) and Market Value to Realized Value (MVRV) help compare market cap with transaction volume and realized values, respectively. These metrics provide a deeper look into an asset’s real demand and its valuation relative to market hype. As the cryptocurrency industry matures, fundamental analysis has become a valuable tool for investors. By examining factors such as a project’s purpose, team strength, tokenomics, partnerships, and blockchain activity, FA enables investors to make more informed decisions in a volatile market. While it cannot guarantee profitability, combining FA with technical analysis forms a well-rounded approach for those navigating the rapidly evolving world of crypto investments. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Trump’s Presidential win and Bitcoin new ATH at $76,243!](https://blog.unocoin.com/trumps-presidential-win-and-bitcoin-new-ath-at-76243/) **Published:** November 8, 2024 **Author:** Unocoin Growth **Content:** **Bitcoin Hits a Record High of $76,243.98 on Nov 7, 2024, as Trump’s Pro-Crypto Stance Fuels Market.** Bitcoin has once again shattered records, reaching an all-time high of $76,243.98 amidst Donald Trump’s win over the U.S. presidential race. The surge is being attributed to Republican candidate Donald Trump’s favourable stance on cryptocurrencies, leading investors to bet on a pro-Bitcoin future under his potential leadership. This new price peak not only reflects the cryptocurrency’s intrinsic market factors but also showcases the strong link between Bitcoin’s performance and political sentiment. ### **Trump’s Shift from Skeptic to Crypto Advocate** During his previous term as president, Trump was vocal in his criticism of cryptocurrencies, even labelling them as “a scam.” However, in a surprising turnaround, he has emerged as an outspoken advocate for Bitcoin and blockchain technology. Trump’s current platform includes ambitious plans to make the United States the “global capital of cryptocurrency.” This shift has been marked by his establishment of World Liberty Financial, a new digital currency platform that offers peer-to-peer crypto lending and borrowing, and a promise to prioritize deregulation for digital assets if elected. Despite a rocky launch for World Liberty Financial, Trump’s alignment with the cryptocurrency industry signals his dedication to nurturing the sector. Investors appear to believe that a pro-crypto administration could lead to favourable policies, fueling Bitcoin’s recent rally as markets price in this possible outcome. ### **Deregulation and Tax Incentives on the Horizon** Analysts suggest that a Trump administration could push for regulatory reforms, tax incentives, and other policies designed to attract cryptocurrency investments. Such deregulation could open new doors for digital assets, making them more accessible for both institutional and retail investors. This prospect of a more crypto-friendly government has fueled demand, propelling Bitcoin to new highs and signalling a potential bull market as confidence builds around the future of decentralized finance. Trump has also pledged to place high-profile figures like Elon Musk in leadership roles to conduct audits on governmental spending. Market watchers anticipate that these moves could foster an economic environment beneficial for crypto and other high-growth investments. ### **A Symbolic First: Trump’s Bitcoin Purchase** Adding to the excitement was Trump’s highly publicized use of Bitcoin for purchase at a New York City restaurant, marking him as the first former U.S. president to use cryptocurrency in a transaction. The event, seen by supporters as a symbolic endorsement, made headlines and bolstered Trump’s image as a pro-Bitcoin candidate. This historic transaction adds weight to Trump’s promise to integrate cryptocurrency into the mainstream U.S. economy. ### **Betting on a Pro-Bitcoin Future** With Bitcoin hitting unprecedented heights, it’s clear that political developments are increasingly intertwined with market dynamics in the crypto space. As Trump’s campaign gained momentum, investors seemed to be hedging their bets on a potential Republican victory, viewing it as a catalyst for Bitcoin’s continued growth. This record-breaking rally showcases Bitcoin’s sensitivity to external influences, setting the stage for a potentially transformative period in the cryptocurrency industry. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Bitcoin 2024, Bitcoin Ath, Trump Wins, US Elections --- ### [What Are Altcoins? A Comprehensive Guide](https://blog.unocoin.com/what-are-altcoins-a-comprehensive-guide/) **Published:** October 30, 2024 **Author:** Unocoin Growth **Content:** A Comprehensive Guide for Cryptocurrency Investors Since the arrival of Bitcoin in 2009, the world of cryptocurrencies has seen a remarkable evolution, giving birth to a large number of alternative coins – commonly known as altcoins. Understanding altcoins is essential for anyone looking to dive into the crypto investment landscape. This blog aims to demystify the intricacies of altcoins, their types and their importance for diversifying your investment portfolio. What exactly are altcoins? Simply put, altcoins refer to any cryptocurrency that is not Bitcoin. The term “altcoin” encompasses a wide range of digital currencies developed to improve upon Bitcoin’s limitations. Many of these altcoins share a similar blockchain framework to Bitcoin but include enhanced features such as faster transaction times, improved privacy measures, and innovative consensus algorithms. There are currently over 14,000 cryptocurrencies listed on various platforms, each offering unique features and use cases. While Bitcoin remains the dominant player in the cryptocurrency market, altcoins have created significant niches that allow investors to explore different opportunities. **Types of Altcoins:** Altcoins can be divided into several categories based on their features and underlying technologies. Here are some of the more common types: Altcoins based on mining Similar to Bitcoin, mining-based altcoins require users to engage in a process known as mining to verify transactions and secure the network. Miners solve complex mathematical problems and in return are rewarded with newly minted coins. Ethereum, Litecoin, and Monero are prominent examples of mining-based altcoins. While Ethereum is transitioning to a proof-of-stake model, it initially gained notoriety for its mining capabilities. Stablecoins Stablecoins are designed to minimize volatility, a common challenge in the crypto market. These coins are usually pegged to stable assets such as fiat currencies (such as the US dollar) or commodities (such as gold). This fixing mechanism allows stablecoins to maintain a relatively stable value, making them ideal for transactions and safe havens during turbulent market conditions. The most used stablecoins include Tether (USDT) and USD Coin (USDC). Utility tokens Utility tokens serve a specific purpose within their respective ecosystems. They grant holders access to a product or service and are often used in initial coin offerings (ICOs) to raise funds for a project. For example, the Filecoin token is used to facilitate decentralized file storage services. Utility tokens can provide significant value within their platforms, making them an attractive option for investors. Security tokens Security tokens represent ownership of an asset, such as equity in a company or stake in real estate. These tokens are often issued during security token offerings (STOs) and are subject to regulatory compliance, making them a safer investment compared to traditional cryptocurrencies. Security tokens can offer dividends or interest to investors, increasing their appeal. Meme tokens In recent years, meme tokens have gained in popularity, largely due to social media hype and dedicated communities. These tokens often have no intrinsic value or specific utility, but their prices can skyrocket due to viral trends or celebrity endorsements. Dogecoin and Shiba Inu are notable examples of meme tokens that have captured the public imagination and gained significant market capitalizations. Why are altcoins important? Investing in altcoins can offer several advantages that make them a key part of a comprehensive investment strategy. **Diversification:** One of the basic principles of investing is diversification. By including altcoins in your portfolio, you can spread your risk across multiple assets. This strategy can help mitigate losses during market downturns and increase income potential. Access to innovative projects: Many altcoins feature innovative projects that seek to solve real-world problems. Investments in these projects can provide opportunities for significant returns if the technology or solution catches on. For example, Ethereum smart contracts have revolutionized decentralized applications (dApps) and decentralized finance (DeFi). Potential for higher returns: While altcoins can be more volatile than Bitcoin, they also offer the potential for higher returns. Investors who identify promising altcoins early can take advantage of their growth, much like early adopters of Bitcoin. **Conclusion:** Altcoins play a key role in the cryptocurrency ecosystem, providing various investment opportunities and solutions to various challenges faced by Bitcoin. By understanding the different types of altcoins and their unique characteristics, investors can make informed decisions and improve their crypto portfolios. Whether you’re interested in mining-based altcoins, stablecoins, or innovative utility tokens, exploring the altcoin market can be rewarding. As with any investment, it is essential to do your due diligence and consider your risk tolerance before venturing into the altcoin space. This will allow you to navigate the complexities of the crypto world and potentially reap the benefits of this rapidly evolving environment. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Altcoins, Best AltCoins, Cryptocurrency --- ### [Solana Price Prediction Can Solana Reach $1000 in 2025-2030?](https://blog.unocoin.com/solana-price-prediction-can-solana-reach-1000-in-2025-2030/) **Published:** October 25, 2024 **Author:** Unocoin Growth **Content:** Solana (SOL) has been experiencing remarkable growth in recent years, consolidating its position as a major player in the cryptocurrency market. As of October 2024, Solana is trading around $153, and with its robust technology and growing adoption, many investors are wondering if the token can reach the ambitious $1,000 mark between 2025 and 2030. Let’s dive into Solana’s current market performance, technical analysis and long-term price prediction to evaluate its potential future trajectory. Current market status of Solana As of October 2024, Solana is trading at $153.40, showing a slight increase of 0.27% in the last 24 hours. The token recently broke the $150 resistance level, indicating that bullish momentum may push the price higher soon. Despite several attempts, SOL has yet to break the resistance zone between $158 and $160, but the accumulation of buy orders suggests that a breakout is imminent. Market sentiment towards Solana is mostly positive, with 81% of traders expressing bullish views. The fear-greed index is neutral at 58, indicating that market participants are cautiously optimistic. Solana has a market cap of $73.22 billion with a trading volume of $3.47 billion – up 34% in recent days, signalling a growing interest in the token. **Technical Analysis:** Bullish Outlook Solan’s price action is showing strong bullish signals. It found support above the 200-day moving average, which acted as a key level for the token. After a period of consolidation, Solana is now poised for a potential upside of more than 25%, which could push the price above $220 by the end of the year. The RSI (Relative Strength Index) is near 50, indicating a balanced market, while the MACD (Moving Average Convergence Divergence) shows increasing bullish momentum. In addition, Solana is moving within the uptrend line, which has historically prevented a large decline in prices. If the current uptrend continues, SOL could soon breach its annual high of $200 and target higher levels in the coming months. Solana price prediction for 2025 In early 2025, Solana is expected to be in the middle of an uptrend with prices potentially between $380 and $450. The growing adoption of the Solana platform, aided by its low transaction fees and fast processing times, is likely to increase demand for the token and drive up prices. However, Solana may face bearish corrections throughout the year, especially if market sentiment shifts or the overall cryptocurrency market cools. Before SOL reaches $500, there may be a significant decline and it will trade between $280 and $350 by the end of 2025. This correction could result in a loss of approximately 35% to 40% from its peak. Long-term price outlook (2026-2030) Looking further into the future, Solana has the potential to reach $1,000 by 2030, but the path is likely to be fraught with volatility. Factors such as the increased adoption of decentralized applications (dApps) on the Solana network, institutional interest, and the overall state of the crypto market will play a decisive role in determining its long-term price. Between 2026 and 2030, Solana could experience several bull and bear cycles, with prices fluctuating widely. However, if the platform continues to evolve and deliver on its promise of high scalability and performance, the $1,000 milestone may be achievable by the end of the decade. Conclusion While Solano’s $1,000 goal is ambitious, it’s not out of reach given the current trajectory and growing adoption of his network. In the short term, SOL is expected to continue its upward movement, potentially reaching $220 by the end of 2024. By 2025, Solana could reach $500 before a market correction, but the long-term outlook suggests that if the bullish momentum continues, the $1,000 target could be a reality by 2030. Investors should remain cautious as the cryptocurrency market is known for its volatility, but Solana’s future looks promising. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Solana, Solana price --- ### [Bitcoin Price Prediction :Will Bitcoin Hit $1 Million by 2030?](https://blog.unocoin.com/bitcoin-price-prediction-will-bitcoin-hit-1-million-by-2030/) **Published:** October 21, 2024 **Author:** Unocoin Growth **Content:** Bitcoin (BTC) continues to dominate the cryptocurrency market with its price surpassing $68,000, creating waves of excitement for traders and investors. As of October 14, 2024, Bitcoin has started a new upward move, with market indicators pointing to a possible new all-time high (ATH) of around $75,000. With such momentum, everyone wonders if Bitcoin could eventually reach the $1 million mark in 2025-2030. **Current Market Of [Bitcoin](https://unocoin.com/in/exchange/inr/btc):** Let’s explore current market performance, technical analysis, and future Bitcoin price trajectory predictions. The current state of Bitcoin As of today, Bitcoin is trading at $68,179.99 with a 24-hour price increase of 1.07%. The mood in the market shifted significantly, and bulls gained dominance. The fear-greed index moved into neutral territory at 45, up from recent lows, indicating an increase in bullish sentiment. Bitcoin is only 12% below its previous ATH, fueling optimism for a strong rally to new highs. Bitcoin’s market capitalization and trading volume have also surged, with trading volume increasing by 76% in the last 24 hours. The cryptocurrency is showing signs of resistance as it aims to break the $68,000 resistance zone. **Overview of the market performance:** Bitcoin’s break above $64,000 was driven by growing bullish sentiment in the broader cryptocurrency market. The upward momentum is expected to continue and possibly drive BTC prices to new monthly highs of $75,000 or more. As we head into the second half of October, Bitcoin’s technical indicators and trading patterns suggest a continuation of this uptrend. Despite some bearish interventions, market dominance continues to shift in Bitcoin’s favour as its value continues to rise and optimism around it grows. This increase in dominance could signal a long-term price rally, potentially pushing Bitcoin into uncharted territory. **Technical Analysis:** Breakout Ahead Technically, Bitcoin showed remarkable strength by breaking its 200-day moving average (MA), a key indicator of long-term bullish momentum. After months of consolidation, BTC has started to break out of its previous range and looks set to continue its upward trajectory. Bitcoin price follows a classic “cup and handle” pattern, which is a bullish chart signal. MACD (Moving Average Convergence Divergence) is also nearing a bullish transition, indicating the possibility of further price growth. In addition, the Ichimoku and Supertrend indicators remain bullish, further confirming the likelihood of a positive breakout. BTC is currently trading in a key resistance zone between $66,600 and $72,400. A break above this zone could trigger a rally towards a new ATH above $75,000. Bitcoin price prediction for October 2024 The month of October was marked by growing optimism, especially after the price fell below $60,000 at the beginning of the month due to tensions in global markets. However, with the positive momentum building, the second half of the month is expected to bring increased volatility and volume. If the current trend holds, Bitcoin could close October near $75,000, setting the stage for further gains in November and December. **[Bitcoin price predictions](https://unocoin.com/in/info/feature-coins/btc/) for 2025:** Bitcoin’s long-term price trajectory remains bullish. Analysts predict that the current rally could extend into 2025, with Bitcoin possibly breaking $80,000 in the first half of the year. The strong uptrend may intensify as institutional investments, ETFs and overall Bitcoin adoption continue to grow. In 2025, Bitcoin could approach the $100,000 mark, but market volatility may lead to temporary corrections. By the end of 2025, Bitcoin could reach levels close to $95,000 or higher. As we move into the second half of the decade, the question of whether Bitcoin will hit $1 million by 2030 becomes more likely. Several factors, including increased global adoption, inflation, economic uncertainty, and limited supply, could drive the demand for Bitcoin, leading to exponential price growth. However, significant price swings and potential bear markets could delay this milestone. **Outlook:** Will Bitcoin Reach $1 Million? While predicting the price of Bitcoin beyond 2025 has its challenges, some analysts believe that BTC has the potential to reach the $1 million mark by 2030. The rise of institutional adoption, Bitcoin ETFs and its use as a hedge against inflation is likely to take a long time. – long-term growth. Bitcoin’s future outlook remains bullish, with increased ETF approvals and growing adoption by financial institutions. However, investors should be aware of potential bearish corrections, as Bitcoin’s path to $1 million is likely to involve significant volatility. **Conclusion:** Bitcoin’s current trajectory suggests that new ATHs could be on the horizon as early as this month with a potential price target of $75,000. As we look ahead to 2025 and beyond, Bitcoin’s fundamentals remain strong, positioning it for further price appreciation. While reaching $1 million by 2030 is possible, investors must be wary of the inherent volatility in the cryptocurrency market. Bitcoin’s price journey will undoubtedly be full of peaks and valleys, but its long-term outlook remains bullish. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Bitcoin 2024, Bitcoin India, Bitcoin Price Prediction, Btc --- ### [Top Altcoins in 2024](https://blog.unocoin.com/top-altcoins-in-2024/) **Published:** October 18, 2024 **Author:** Unocoin Growth **Content:** The world of cryptocurrencies is vast, and while Bitcoin is the most well-known digital currency, the crypto space is home to a whole host of other coins – referred to as altcoins. These altcoins serve several purposes, from enabling smart contracts to improving the speed and efficiency of transactions. But why do we really need altcoins? Simply put, each altcoin brings something unique to the table, addressing the limitations of Bitcoin and providing specialized solutions that meet the evolving demands of the blockchain ecosystem. *In this blog we will dive into some of the most popular altcoins on the market today* Ethereum (ETH), Solana (SOL), Ripple (XRP), Cardano (ADA), Tron (TRX), Chainlink (LINK), Polygon ( POL) and Uniswap (UNI) and explore why these altcoins are essential in today’s cryptocurrency landscape. **So why do we need altcoins?** Bitcoin was the first cryptocurrency, and although it revolutionized the concept of decentralized digital currency, it has its limitations. These include slower transaction times, high energy consumption due to proof-of-work consensus, and a lack of flexibility beyond the store of value. Altcoins have emerged to solve these problems and offer additional features. For example, some altcoins improve blockchain scalability, while others focus on providing advanced security, decentralized finance (DeFi) capabilities, and more. Altcoins also drive innovation in the crypto industry. They bring new use cases such as smart contracts, decentralized applications (dApps), and cross-chain interoperability, enabling more efficient and dynamic blockchain ecosystems. In addition, altcoins create healthy competition, drive further technology improvements, and make cryptocurrencies more accessible to a global audience. **[Ethereum (ETH)](https://unocoin.com/in/exchange/inr/eth):** Ethereum is probably the most prominent altcoin in the cryptocurrency space. Launched in 2015, it introduced smart contracts – self-executing contracts with the terms of the agreement written in code – to transact on the blockchain in a revolutionary way. Ethereum’s blockchain allows developers to build decentralized applications (dApps) on its platform, making it the backbone for many DeFi protocols, NFTs (non-fungible tokens) and more. However, Ethereum has faced scalability issues as its network is congested due to high demand, leading to increased gas fees. Ethereum 2.0 is expected to solve these problems by moving from a proof-of-work to a proof-of-stake consensus mechanism that promises better scalability, security and sustainability. **[Solana (SOL)](https://unocoin.com/in/exchange/inr/sol):** Solana is known for its high throughput and scalability, making it one of the fastest blockchains in the world. It uses a unique proof-of-history (PoH) consensus mechanism that allows up to 65,000 transactions per second (TPS) to be processed without compromising security. This level of speed and efficiency has made Solana a popular platform for dApps, NFT and DeFi projects as it offers lower transaction costs compared to Ethereum. Solana is seen as a potential solution to the blockchain trilemma, offering decentralization, security and scalability in equal measure. **[Ripple (XRP)](https://unocoin.com/in/exchange/inr/xrp):** Ripple aims to transform the traditional financial system by enabling the settlement of cross-border payments in real time. Ripple’s native currency, XRP, is designed to enable fast and cheap international payments. It has partnered with several financial institutions to streamline international money transfers, making it a practical alternative to outdated banking systems. Ripple’s consensus mechanism is different and relies on a unique protocol that allows for quick verification without the need for mining. This reduces power consumption and allows transactions to be completed within seconds. **[Cardano (ADA)](https://unocoin.com/in/exchange/inr/ada):** Cardano was developed by one of Ethereum’s co-founders, Charles Hoskinson, with a focus on sustainability, scalability and interoperability. Built with a research-centric approach, Cardano emphasizes peer-reviewed academic research to drive its development, which is unique in the blockchain space. Cardano uses the Ouroboros proof-of-stake consensus mechanism, which is more energy efficient than proof-of-work. It also aims to provide a secure and scalable infrastructure for smart contracts and dApps to bring decentralized finance to underbanked regions of the world. **[Tron (TRX)](https://unocoin.com/in/exchange/inr/trx):** Tron is a decentralized blockchain-based platform that aims to create a free global entertainment system with digital content. It uses distributed storage technology that enables easy and cost-effective sharing of digital content. Tron originally started as an Ethereum-based token, but later switched to its own blockchain. TRX, its native token, secures transactions on the network and is widely used in decentralized applications, especially in the gaming and entertainment sectors. Tron aims to decentralize the web and make it an attractive platform for content creators who want to cut out the middlemen and directly monetize their content. **[Chain link (LINK)](https://unocoin.com/in/exchange/inr/link):** Chainlink is a decentralized Oracle network designed to connect smart contracts with external data sources. Smart contracts are great for automating processes, but they need accurate and reliable blockchain data to function properly. This is where Chainlink comes in, providing tamper-proof data from off-chain sources to smart contracts. This decentralized Oracle system is critical to many DeFi applications that rely on real-time data for trading, lending and insurance. Chainlink’s reliability has made it an Oracle provider for many blockchain projects. **[Polygon (POL)](https://unocoin.com/in/exchange/inr/pol):** Polygon, formerly known as Matic, is a Layer 2 scaling solution for Ethereum. It boosts Ethereum’s performance by increasing throughput and reducing gas fees, solving scalability issues that have plagued Ethereum for years. Polygon achieves this by using sidechains to process transactions outside the main Ethereum network and then aggregate them before sending them back to the main chain. Its multi-chain ecosystem enables seamless interoperability between Ethereum and other blockchains. **[Uniswap (UNI)](https://unocoin.com/in/exchange/inr/uni):** Uniswap is a decentralized exchange (DEX) that runs on the Ethereum blockchain. It allows users to trade cryptocurrencies without the need for a centralized authority using automated market-making algorithms. This eliminates the need for traditional order books and streamlines the provision of liquidity. Uniswap’s governance token, UNI, allows holders to participate in the platform’s decision-making process. Uniswap’s success has popularized decentralized exchanges that provide an alternative to peer-to-peer trading that favours user control and transparency. **Conclusion:** Altcoins play a vital role in the broader cryptocurrency ecosystem by offering different features, solving specific problems and pushing the boundaries of blockchain innovation. Whether it is an Ethereum smart account Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Altcoins, Best AltCoins, Crypto Investment, Cryptocurrency --- ### [Mana vs. The Sandbox: Comparison of Top Metaverse Coins](https://blog.unocoin.com/compare-mana-and-sandbox-top-metaverse-coins/) **Published:** October 16, 2024 **Author:** Unocoin Growth **Content:** In the rapidly evolving landscape of the metaverse, two standout contenders, Decentraland (MANA) and The Sandbox (SAND), are capturing the attention of investors and gamers alike. While both platforms leverage blockchain technology to create immersive virtual experiences, they each offer distinct functionalities and ecosystems. This article delves into the core features, technical aspects, and investment potential of both tokens, helping you decide which metaverse coin aligns with your interests. ## **What is [Decentraland](https://unocoin.com/in/exchange/inr/mana) (MANA)?** Decentraland (MANA) is a pioneering virtual reality platform built on the Ethereum blockchain. Launched in 2017, the project raised $24 million through an initial coin offering (ICO) and began public beta testing in 2019. At its core, Decentraland allows users to purchase, develop, and monetize virtual land. The platform features two primary tokens: **MANA**, an ERC-20 token used for transactions, and **LAND**, an ERC-721 token that represents ownership of virtual parcels. ### **Key Features of Decentraland (MANA)** - **Creative Opportunities:** Decentraland empowers businesses, creators, and individuals to explore new revenue streams and artistic expressions within a virtual environment. - **Decentralized Governance:** The platform utilizes a Decentralized Autonomous Organization (DAO) structure, granting MANA holders governance rights over land and community decisions. - **Innovative Developments:** Notably, Decentraland has introduced the world’s first metaverse ATM, allowing users to buy MANA directly in the metaverse and store it in their wallets. ## **What is [The Sandbox](https://unocoin.com/in/exchange/inr/sand) (SAND)?** The Sandbox (SAND) emerged from the vision of Pixowl in 2011, creating a [blockchain-based gaming ecosystem](https://blog.unocoin.com/2024/10/14/best-metaverse-crypto-coins-to-watch-in-2024/) where users can create, own, and monetize their gaming experiences. The platform blends non-fungible tokens (NFTs) with decentralized governance, enabling a vibrant community of creators and gamers. The native utility token, **SAND**, facilitates transactions and governance within the ecosystem. ### **Key Features of The Sandbox (SAND)** - **User-Centric Gaming:** The Sandbox prioritizes user-generated content, allowing players to engage in a play-to-earn model that enhances both gaming and creative experiences. - **Blockchain Integration:** The platform aims to mainstream blockchain technology in gaming, transforming the way digital assets are created and traded. - **Security Initiatives:** To combat NFT theft, The Sandbox has partnered with security firms, showcasing its commitment to protecting user assets. ## **Decentraland (MANA) vs. The Sandbox (SAND): A Market Overview** ## **Technical Analysis** From a technical standpoint, both MANA and SAND have exhibited similar price movements since early 2022, although SAND experienced a steeper decline of approximately 78%, compared to MANA’s 70% drop. As of this writing, both cryptocurrencies are poised for recovery, suggesting that they could emerge as strong contenders in the expanding NFT and metaverse sectors. ### **Price Predictions** - **MANA Price Prediction:** MANA has recently broken out of a descending triangle, signalling the potential for upward movement. Currently trading around $0.98, MANA may face resistance at $1.80 over the next few months, aligning with its 200-day moving average. A breakout could set the stage for MANA to reach $3.50 within a year. - **SAND Price Prediction:** Although SAND has shown some resilience, it remains within a price range of $0.90 to $1.40. A decisive breakout from this accumulation zone could see SAND targeting resistance levels between $3 and $4, potentially within the next year. ## **Pros and Cons of MANA and SAND** ## **Conclusion: Should You Invest in MANA or SAND?** Both Decentraland (MANA) and The Sandbox (SAND) present compelling opportunities within the metaverse, yet their ecosystems cater to different user experiences. With over 3.2 billion gamers worldwide, the competition for dominance in the metaverse is fierce. - **The Sandbox** boasts a diverse range of customizable lands and a thriving marketplace, while **Decentraland** focuses on community engagement and governance. - The Sandbox has established strategic partnerships with major entities in the gaming industry, while Decentraland is backed by prominent investors. Ultimately, the decision to invest in MANA or SAND should align with your investment strategy and personal interests in the metaverse. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Mana and sandbox, metaverse cryptos, top metaverse cryptos --- ### [Best Metaverse Crypto Coins to Watch in 2024](https://blog.unocoin.com/best-metaverse-crypto-coins-to-watch-in-2024/) **Published:** October 14, 2024 **Author:** Unocoin Growth **Content:** The Metaverse, a virtual universe where users can communicate, play, and do business, is experiencing a massive resurgence, and metaverse-based [cryptocurrencies](https://unocoin.com/in/?utm_source=blog&utm_medium=website) are at the heart of this movement. These tokens allow users to participate in virtual economies by purchasing virtual land, clothing, avatars, gaming gear, and digital art—often in the form of NFTs (non-fungible tokens). After fading somewhat during the 2022 bear market, the sector is showing renewed strength, with several tokens gaining significant traction in 2024. In this blog, we dive into some of the best metaverse crypto coins to watch in 2024. These tokens are gaining momentum and are poised to continue to grow as the metaversion concept expands. 1. **Internet Computer (ICP)** The Internet Computer (ICP) is one of the most ambitious projects in the decentralized space. It aims to revolutionize the centralized internet by providing a decentralized alternative. This project has destabilized the market with its huge market capitalization, which now exceeds $5 billion. ICP started with an explosive price jump, reaching an all-time high (ATH) of $750 before a bearish decline. Recently, however, the token has seen a surge in volume that has pushed its price by more than 55% since the start of the year. With prices hovering around $18-20, there is a possibility of a strong uptrend to cross the $50 mark in the coming months, making it a key player in the metaversion space. 2. **Stacks (STX)** Stacks (STX) is a Layer 1 blockchain solution designed to bring smart contracts and decentralized applications (DApps) to Bitcoin. It unlocks the $500 billion capital potential of Bitcoin by using it as a settlement layer for decentralized applications. The STX token has seen a major rally, rising more than 380% from its lows. Although currently facing minor declines as it nears resistance, the STX token has made a double bottom, indicating the potential for further price growth. Once the token breaks its current resistance, it could see significant gains, possibly even higher than $2, making it a token worth watching in 2024. 3. **Axie Infinity (AXS)** Axie Infinity is a blockchain-based gaming platform where users can collect, breed and trade token-based creatures called Axies. The AXS token, associated with this game-earning ecosystem, gained huge popularity in 2021, but has seen a decline along with the rest of the crypto market. In 2024, Axie Infinity returns. The token has seen an increase of more than 160% in recent months, supported by increased trading volume. AXS is now trading near its 2023 highs of $12, and with reduced selling pressure, bulls are expected to push the token to $15 in 2024. [Buy Axie Infinity Token!](https://unocoin.com/in/exchange/inr/axs) 4. **Sandbox (SAND)** Sandbox is one of the leading virtual world platforms where users can create, buy, sell and trade digital assets. By combining decentralized governance (DAO) and NFT elements, it offers a powerful platform for gaming enthusiasts and creators. After a long-term bearish trend, SAND rebounded strongly and its price increased by 140%. The token is now poised to break the $1 barrier and could test higher levels if the current momentum continues, making it a token to watch closely this year. [Buy Sandbox Token](https://unocoin.com/in/exchange/inr/sand) 5. **Decentraland (MANA)** Decentraland, a virtual reality platform built on Ethereum, enables users to create and monetize content, experiences and applications. It contains two native tokens: MANA, an ERC-20 token, and LAND, an ERC-721 token used to purchase virtual land. MANA has shown remarkable strength in recent months, rising by over 100%. Historically, this token has seen massive returns with an 8000% increase since its inception. With increased trading volumes and a price now moving towards $1, MANA is well positioned for a new rally that could trigger new highs in 2024. [Buy Mana Token](https://unocoin.com/in/exchange/inr/mana) 6. **Theta Network (THETA)** Theta Network is a decentralized video streaming platform that allows users to share bandwidth and computing resources in a peer-to-peer environment. THETA, the network’s native token, rose significantly during the 2021 bull run, but then faced a decline. Currently trading around $1.44, THETA is poised for a potential breakout. As market sentiment is expected to change soon, experts predict that THETA could climb above $3, making it a key token to watch. 7. **ApeCoin (APE)** ApeCoin is a native token of the Apecoin ecosystem that aims to support decentralized communities. APE holders manage the ecosystem through a decentralized autonomous organization (DAO) and have a say in how the platform evolves. In recent months, the APE token has seen an upward momentum and recorded a 100% increase. While some bearish pressure has slowed its rise, renewed buying activity could propel the token into a strong uptrend, making ApeCoin a contender in the metaverse crypto space in 2024. [Buy ApeCoin](https://unocoin.com/in/exchange/inr/ape) 8. **Enjin Coin (ENJ)** Enjin Coin powers a connected ecosystem of blockchain-based gaming products. Developers can use ENJ to tokenize gaming assets on Ethereum, making it a key player in the blockchain gaming space. ENJ has rebounded from recent lows to create a 100% price rally. Given the pace of blockchain-based gaming, Enjin Coin could maintain its growth in 2024, making it a promising token to watch. [Buy Enjin Coin](https://unocoin.com/in/exchange/inr/enj) **Conclusion:** Metaverse is set to be a major trend in 2024, with metaverse crypto coins showing strong growth potential. From gaming-oriented Axie Infinity and Sandbox to decentralized internet projects like Internet Computer and Theta Network, these tokens represent exciting opportunities in the ever-evolving digital economy. However, as with all crypto investments, volatility is a key factor to consider. A careful and calculated approach is essential when browsing metaversions. Emerging tokens such as HighStreet (HIGH), Star Atlas (ATLAS) and MAGIC also show huge potential and increasing excitement around the crypto-token metaversion. Keep these top metaverse Crypto coins on your radar as we move into 2024! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Cryptocurrency, metaverse, metaverse crypto coins, top cryptos --- ### [How Blockchain and NFTs Are Transforming the Future of Gaming](https://blog.unocoin.com/how-blockchain-and-nfts-are-transforming-the-future-of-gaming/) **Published:** October 11, 2024 **Author:** Unocoin Growth **Content:** Blockchain technology is revolutionizing industries worldwide, and gaming is at the forefront of this transformation. Integrating blockchain with NFTs (non-fungible tokens) is not just a passing trend, but a huge shift in how players interact with, own and trade digital assets. From decentralized asset ownership to cross-platform compatibility, the impact of blockchain and NFTs on gaming is profound. This article explores how blockchain is shaping the future of gaming, as well as its benefits, limitations, and potential long-term impacts on this growing industry. ## The emergence of NFTs in games NFTs have drastically changed the way players interact with digital property. Before NFT, in-game assets such as skins, characters, or weapons were tied to the game in which they were purchased, leaving players with no real control over their investments. Powered by blockchain, NFTs introduced a game-changing concept – allowing players to actually own these assets, which are now verifiable, scarce and portable. With blockchain-enabled NFTs, players can now buy, sell and trade their digital assets on open marketplaces. This ownership goes beyond a single game as some NFTs can be used on different game platforms. The rise of NFTs has also brought about the [Play-to-Earn](https://blog.unocoin.com/2024/09/23/how-to-play-and-earn-with-axie-infinity-a-complete-guide/) (P2E) model, which allows players to earn NFTs as in-game rewards that have real-world value. This creates new economic models in gaming where virtual items can become real sources of income. ## How blockchain is used in games Blockchain brings security, transparency and decentralization to gaming and offers many advantages over traditional centralized systems. Let’s explore how blockchain is revolutionizing the gaming world: Decentralized Asset Ownership: In traditional gaming, developers maintain full control over in-game assets. With blockchain, players gain true ownership of their assets, with the freedom to trade or sell them as they please, ensuring longevity and value beyond the lifetime of a single game. Security and Transparency: Blockchain’s immutable ledger ensures that all in-game transactions are secure and transparent. This greatly reduces the risk of fraud, duplicate assets or cheating and creates a trusted environment for players. Interoperability between games: One of the most interesting aspects of blockchain gaming is asset interoperability. Unlike traditional gaming, where items are locked within a specific game, blockchain allows assets such as NFTs to be used across multiple gaming platforms, creating a unified digital ecosystem for players. Play-to-Earn Models: Blockchain integration has given rise to P2E models where players earn cryptocurrencies or NFTs through their gaming achievements. These assets can be sold or exchanged for real-world currency to create financial opportunities from gaming. Smart Contracts: Blockchain smart contracts automate in-game transactions such as purchases and trades, eliminating the need for intermediaries and ensuring that all agreements are made transparently and securely. Explore more: [Top Telegram Tap-to-Earn Crypto Games.](https://blog.unocoin.com/2024/10/07/top-telegram-tap-to-earn-crypto-games-for-2024/) ### Blockchain’s impact on the future of gaming Blockchain and NFTs are not only changing the way games are played, but also the way they are developed and distributed. The shift from centralized to decentralized models is empowering players and reshaping the gaming industry as we know it. With blockchain, players can create and control in-game economies, trade assets, and even vote on game development decisions through decentralized governance models. This opens up more community experiences that allow players to have a say in the direction of the games they love. Additionally, blockchain gaming platforms bypass intermediaries such as app stores and allow developers to distribute their games directly to players. This decentralization reduces transaction fees and creates a smoother user experience. ### Benefits and challenges of blockchain in gaming **Advantages** Real Ownership: Blockchain ensures that players retain full ownership of their game assets, giving them the freedom to trade, sell or use those assets as they see fit. Enhanced Security and Transparency: Blockchain distributed ledger technology secures all transactions, making in-game economies transparent and fraud-proof. New Economic Models: Play-to-earn opportunities allow players to generate real income from their in-game efforts, making gaming a viable financial endeavor. Interoperability: The ability to transfer assets between games opens up exciting new possibilities, allowing players to use their assets in different virtual worlds. **Prompts** High Transaction Fees: Blockchain networks, especially Ethereum, are notorious for high transaction fees, which make small in-game transactions less practical for players. Scalability Issues: As blockchains like Ethereum struggle with scalability, processing large volumes of transactions can be slow and expensive, impacting the gaming experience. Steep learning curve: Blockchain gaming can be difficult for newcomers to understand. Setting up wallets, securing keys, and navigating decentralized platforms can discourage casual players. **Conclusion** Blockchain and NFTs are set to reshape the future of gaming, offering players unprecedented control, security and opportunities for financial gain. While issues such as transaction costs and scalability remain, the potential for a more decentralized, player-centric gaming experience is undeniable. As blockchain technology evolves, its impact on the gaming industry will only grow, promising a future where games are more immersive, fairer and more economically rewarding for both players and developers. For gamers and developers, blockchain integration represents a leap toward the next generation of gaming innovation—one where ownership, interoperability, and a player-driven economy define the experience. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** blockchain gaming, crypto games, earn crypto by tap, NFT games --- ### [Cardano Price Prediction 2024: Will the Upgrade Spark a Rally to $1?](https://blog.unocoin.com/cardano-price-prediction-2024/) **Published:** October 9, 2024 **Author:** Unocoin Growth **Content:** As 2024 unfolds, the cryptocurrency market continues to face both volatility and excitement. [Cardano](https://unocoin.com/in/exchange/inr/ada) (ADA), a popular layer 1 blockchain, once again caught the eye with its Chang hard fork upgrade. With major developments underway, many are wondering if this major upgrade can push the price of Cardano to the $1 mark. In this analysis, we dive into the current state of the [Cardano market](https://blog.unocoin.com/2024/01/08/cardanos-smart-future/), its technical performance, and predictions of its future trajectory. ## The Current State of the ADA: A Gradual Rebound At the beginning of the last quarter of 2024, the ADA started to show signs of life and bounced off local lows. Although the bulls seem poised to strike, buying pressure remains below average. Currently, Cardano is seeing a modest 4% weekly growth with a marginal increase in market cap of 0.13%. Despite this, trading volume fell by 3.71%, indicating a potential lack of momentum. Interestingly, market sentiment remains largely positive. With bullish expectations above 87% and a neutral fear-greed index of 48, traders are cautiously optimistic. However, the key challenge lies in ADA’s ability to break out of the current price range and deliver a sustainable rally. ### Technical Analysis: Navigating Resistance Levels Technically, ADA is still locked in a bearish chart, trying to break key resistance levels. The 200-day and 50-day moving averages serve as major barriers and a break of either of these levels will confirm further directional movement. Currently, the 50-day exponential moving average (EMA) is $0.3644, while the 200-day EMA is $0.4107. One key indicator, outstanding volume (OBV), suggests a bearish turn may be in play, pointing to potential further declines before a substantial recovery occurs. If ADA falls below $0.35, this may trigger fresh buying pressure that will allow it to move back to $0.40. ### Chang Update: A Step Towards Decentralized Governance Cardano’s recent Chang hard fork represents a significant leap forward for blockchain. This upgrade moves Cardano towards decentralized governance, giving ADA holders more power over the future of the network. Key governance decisions, including the election of representatives and voting on major development proposals, will now be community-driven. This marks the beginning of Cardano’s “Voltaire era”, a phase aimed at achieving full decentralization. The governance framework introduced through CIP-1694 creates three community-led bodies: the Constitutional Committee, Delegates (dReps) and Mutual Fund Operators (SPOs). This model aims to create a transparent, decentralized governance system where stakeholders can actively participate in shaping the future of the network. The Chang update takes place in two phases. In the first phase, a provisional constitutional committee for the supervision of the administration of public affairs was temporarily established. In the second phase, expected within 90 days, these administrative bodies will be fully empowered, leading to greater decentralization and community involvement. ### Outlook: Can Cardano Rally Soon? While the Chang upgrade has strengthened Cardano’s position in the blockchain space, its price impact has been minimal so far. However, investor optimism about the future of the ADA has increased. Many expect Chang’s upgrade to mitigate regulatory risks by aligning Cardano with the decentralized ethos of the broader blockchain industry. Cardano’s position as a leader in decentralized layer 1 blockchain is becoming more and more established, and the transition to on-chain governance could be the catalyst that ADA needs for future growth. This milestone increased the utility of the token, and if the network continues to evolve in this direction, investor confidence and liquidity may return. ### Where is Cardano headed next? When it comes to price, Cardano is at a crucial point. ADA remains trapped in a descending parallel channel, trying to break the resistance levels. Indicators such as +Di and -Di, which crossed almost bearish, showed signs of recovery, suggesting that ADA could continue to consolidate or face a minor decline. Key support levels include $0.3213, $0.2948 and $0.2519, while resistance is at $0.4071, $0.4336 and $0.4765. If ADA can hold support above $0.35 and attract fresh liquidity, a recovery above $0.40 is possible. A break of this resistance could open the way for further growth. ## [Cardano price](https://unocoin.com/in/exchange/inr/ada) prediction for the end of 2024 As we enter the final quarter of the year, historical trends suggest that markets tend to be bullish. If ADA can sustain a horizontal consolidation, it could see a significant rally by the end of 2024. Many analysts predict that Cardano will test resistance at $0.40 and possibly break higher if market conditions improve. However, it is worth noting that active addresses on the Cardano network are falling, signalling that a price drop could precede another rise. Investors should watch closely for signs of a breakout or breakdown in the coming weeks. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Ada, Cardano, cardano Price, crypto 2024 --- ### [Top Telegram Tap-to-Earn Crypto Games for 2024](https://blog.unocoin.com/top-telegram-tap-to-earn-crypto-games-for-2024/) **Published:** October 7, 2024 **Author:** Unocoin Growth **Content:** As blockchain technology continues to revolutionize the gaming industry, one genre gaining momentum is tap-to-earn crypto games. These games allow players to [earn cryptocurrency](https://blog.unocoin.com/2021/12/06/shake-and-earn-satoshis-daily-here-is-how/) rewards through simple gameplay mechanics, often by tapping or completing basic tasks. As 2024 approaches, this innovative gaming model will expand to bring newer and more rewarding experiences. In this article, we will explore the best click-to-earn crypto games in 2024 and highlight how they provide both entertainment and financial incentives to players. # What are Tap-to-Earn Crypto Games? Tap-to-earn crypto games are blockchain-based titles where players can earn cryptocurrency by engaging in-game activities such as tapping or completing quick missions. Unlike traditional games that only offer entertainment, these games reward players with tokens or other digital assets that have real value. This model has caught the attention of both casual players and cryptocurrency enthusiasts alike, as it offers a way to combine leisure time with financial rewards. As these games evolve, they become more sophisticated, with better graphics, deeper gameplay, and higher earning potential. Of particular note is the rise of Telegram-based games where you can earn by tapping. Taking advantage of Telegram’s large user base, these games use bots to process game interactions and distribute rewards directly through the app. Players can engage in these games without leaving the Telegram platform, offering a seamless experience that fits into users’ existing routines. ## How do Tap-to-Earn games work? These games usually operate on a blockchain network, allowing players to earn game tokens through various interactions. Activities range from tapping to completing missions, fighting or managing resources. Earned tokens are often exchangeable for cryptocurrencies like Bitcoin or Ethereum that offer real financial value. Some games even allow players to stake their tokens for passive income or trade them on external exchanges. On Telegram, these games use bots to track player actions, distribute rewards, and provide an interactive experience within the app. Players can earn and manage their cryptocurrency holdings without having to switch between platforms, making the process more user-friendly and efficient. ### The best crypto games with the possibility of earning on tap in 2024 With the growth of the click monetization model, 2024 will see some exceptional games. Below are some of the best titles to explore: 1. **DOGS:** DOGS is a game where players manage and breed virtual dogs. By tapping the option to send their dogs on missions, players can collect DOG tokens that can be traded on crypto exchanges or bet for passive earnings. Simplicity, adorable graphics and cash reward potential make it the best choice for casual players. Players can also upgrade their dogs’ abilities to improve gameplay as they progress through the various missions. 2. **Hamster Kombat:** In Hamster Kombat, players control battle-ready hamsters and earn tokens through competitive PvP battles. The game combines strategic tapping with cute characters for a fun yet rewarding experience. Tokens earned in battle can be used to improve hamsters’ skills or can be exchanged for cryptocurrencies. The game’s thriving community and competitive elements make the game stand out in the Telegram monetization space. 3. **Blum:** Blum is a socially conscious game where players engage in environmental missions such as planting trees and cleaning up the oceans. In return, they receive tokens that can be exchanged for cryptocurrencies or donated to real causes. Blum excels in its combination of fun and activism, offering players a chance to positively impact the environment while earning cryptocurrency. 4. **X Empire:** X Empire transports players to a futuristic universe where they build space empires by exploiting and managing resources. Players earn tokens by exploring planets, mining resources, and defending their empires from attack. With engaging gameplay and strategic depth, X Empire offers both fun and significant earning potential, making it a popular choice among tap-to-earn enthusiasts. 5. **Catizen:** In Catizen, players manage a kingdom of cats, complete quests and expand their territory to earn crypto rewards. The game offers stunning visuals, strategic gameplay and a unique world-building experience. Players can customize their cat subjects and assign them roles, creating a personalized gaming experience while earning tokens that can be converted into cryptocurrency. **Conclusion: The future of Tap-to-Earn games** The cryptocurrency gaming sector is poised for explosive growth in 2024 as more players discover the potential to earn real value through casual gaming. Whether it’s the competitive battles of Hamster Kombat, the strategic building of X Empire, or the ecological missions in Blum, there’s a tap-to-earn game for everyone. As blockchain technology continues to advance and more games offer crypto rewards, the genre bridges the gap between entertainment and financial opportunity. If you want to explore this new frontier of gaming, now is the perfect time to dive into these exciting titles and start earning while playing. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** crypto games, cryptocurrency games, earn crypto by tap, earning crypto, tap to earn games --- ### [Bitcoin Price Drops Amid Global Recession Fears and AI Market Instability](https://blog.unocoin.com/bitcoin-price-drops-amid-global-recession/) **Published:** October 4, 2024 **Author:** Unocoin Growth **Content:** Bitcoin has recently seen a significant drop in price due to growing global economic challenges, fears of a potential AI bubble, and escalating geopolitical tensions. As the world grapples with a potential recession, investors are moving away from riskier assets like bitcoin and toward safer options like government bonds and cash. This shift highlights how external factors outside the crypto space increasingly influence Bitcoin’s price movement. ## Global economic outlook and[ Bitcoin price](https://unocoin.com/in/exchange/inr/btc) decline The weakened global economy plays a key role in the recent correction in the price of Bitcoin. On September 30, the cost of Bitcoin fell 4.1%, retesting the $63,500 support level, and erasing the gains of the previous five days. While liquidations during this downturn were modest at less than $40 million, it signals growing concern among investors as global economic problems deepen. In the United States, the Federal Reserve’s outlook for inflation, employment and economic growth is under intense scrutiny. Any signs of weakness in the services or manufacturing sectors could further dampen investor confidence with potential impacts on Bitcoin. Given Bitcoin’s established correlation with traditional markets, especially stocks, a downturn in the US economy could likely cause Bitcoin prices to fall even further. Adding to the pressure are concerns about a potential bubble forming in the artificial intelligence (AI) sector. While investment in AI is skyrocketing, some experts warn that overvaluation in AI-related businesses could lead to a significant market correction. If this AI bubble bursts, panic selling may develop in other sectors, including cryptocurrencies, and further affect the price of Bitcoin. ### AI Market Volatility and Its Impact on Bitcoin A significant source of concern in the market revolves around fears of the bursting of the AI ​​bubble. Mike Fishbein, a prominent voice in AI, highlighted the risk posed by the exorbitant cost of AI subscriptions, despite the falling operating costs of large language models (LLMs) such as ChatGPT, Gemini and Copilot. As companies charge high fees for AI services, there is concern that customers will eventually push away, leading to a decline in AI revenue. If the AI ​​sector were to face a downturn, the ripple effects could spread to the tech market as a whole, including cryptocurrencies. Bitcoin often considered a high-risk investment, could see further downward pressure if investors decide to limit their exposure to technology and other speculative assets. As market sentiment becomes more cautious, Bitcoin’s vulnerability to market-wide selloffs increases, leaving it vulnerable to further price declines. ### European economic struggles and tensions in the Middle East Europe’s economic problems are another major factor contributing to bitcoin price volatility. Germany, the largest economy in Europe, is facing significant stagnation. Automakers such as Stellantis and Volkswagen have cut their profit outlook and are even considering closing factories, a scenario that hasn’t happened in decades. With weak demand from China and concerns about energy costs, the European economy is showing clear signs of fragility. Geopolitical tensions in the Middle East also contribute to market instability. Recent conflicts, particularly in Lebanon, have escalated concerns about oil supplies and rising prices. Higher oil prices could create additional inflationary pressures that would make it more difficult for central banks, especially the US Federal Reserve, to cut interest rates. In such a scenario, investors could flock to safe-haven assets like gold and bonds, leaving Bitcoin in a precarious position. ### Bitcoin Short-Term Outlook: Movement in an Uncertain Market While Bitcoin’s long-term potential remains promising, its short-term outlook is shrouded in considerable uncertainty. With global recession concerns, AI market volatility, and geopolitical concerns causing market volatility, Bitcoin is likely to be under constant pressure in the short term. Traders are becoming more cautious and many are choosing to reduce their exposure to riskier assets. But bitcoin’s fundamentals—such as its role as a decentralized, inflation-proof asset—remain strong. While external factors are currently affecting its price, Bitcoin’s long-term growth potential as a store of value and its use in decentralized finance (DeFi) continues to attract interest from both institutional and retail investors. Despite short-term volatility, bitcoin’s resilience in the face of global uncertainty is likely to strengthen its position in the future. ### Conclusion: Riding the waves of turbulence in the global market The recent drop in the price of Bitcoin is a stark reminder of how intertwined the global economy has become with the [cryptocurrency market](http://unoco.in/app). Recession fears, speculation of an AI market correction and geopolitical tensions weigh heavily on Bitcoin, highlighting its sensitivity to broader market changes. While the long-term outlook for Bitcoin remains solid, the short-term environment is full of volatility and uncertainty. Investors must carefully evaluate macroeconomic conditions, global market trends, and the evolving nature of the crypto space. Although the price of Bitcoin may continue to face downward pressure in the short term, its potential as a transformative financial asset remains undiminished. In this volatile environment, the key to navigating bitcoin investing lies in understanding the broader market forces at play and preparing for potential short-term fluctuations as the global economy changes. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development **Tags:** Bitcoin live Price, Bitcoin Price, Cryptocurrency Investment --- ### [Why Cardano (ADA) Could Be the Future of Blockchain?](https://blog.unocoin.com/why-cardano-ada-could-be-the-future-of-blockchain/) **Published:** September 29, 2024 **Author:** Unocoin Growth **Content:** Cardano is a third-generation blockchain platform known for its emphasis on scalability, security, and sustainability. Launched in 2017 by Input Output Hong Kong (IOHK), it aims to create a robust infrastructure for decentralized applications (dApps) and transactions, distinguishing itself from other blockchain platforms through a scientific approach to development. Cardano has become an important player in the blockchain ecosystem by addressing key challenges like scalability, interoperability, and governance. In this blog, we will explore the role of Cardano within the blockchain ecosystem, its unique features, and its impact on decentralized finance (DeFi) and other blockchain applications. ### **1. Cardano’s Place in the Blockchain Ecosystem** Cardano was designed to improve upon the limitations of first- and second-generation blockchain platforms like Bitcoin and Ethereum. It was developed using peer-reviewed research and aims to provide a more secure and efficient blockchain platform. Cardano uses a proof-of-stake (PoS) consensus mechanism known as Ouroboros, which offers more energy-efficient transaction validation than the proof-of-work (PoW) mechanisms used by networks like Bitcoin. The platform’s multi-layer architecture also allows for flexibility in supporting dApps and smart contracts. [Cardano (ADA)](https://unocoin.com/in/exchange/inr/ada) is gaining attention for its contributions to decentralized finance (DeFi) and its unique governance model. Unlike other platforms, which rely on centralized decision-making or limited community involvement, Cardano includes stakeholders in the governance process. Through its Voltaire governance model, Cardano’s stakeholders can vote on protocol updates, ensuring a democratic evolution of the network. ### **2. Key Features and Innovations** Cardano is built on a multi-layered architecture that separates the settlement and computation layers, ensuring more efficiency and scalability. The settlement layer records transactions, while the computation layer executes smart contracts and decentralized applications. This layered structure allows developers to optimize each layer independently, making Cardano more flexible in scaling its infrastructure. One of the standout features of Cardano is its consensus mechanism, Ouroboros, which is based on PoS. Ouroboros ensures that validators (those who hold a stake in the network) are responsible for maintaining the integrity of the blockchain. This eliminates the need for high-energy computing power, making Cardano a more sustainable blockchain. Another essential feature is Cardano’s interoperability. Cardano’s architecture allows it to interact with different blockchains and legacy systems using the Cardano Computation Layer (CCL). This is crucial for creating a more interconnected and accessible blockchain ecosystem, where different networks can communicate and operate together seamlessly. ### **3. Cardano’s Approach to Scalability and Interoperability** Scalability and interoperability are two significant challenges facing blockchain technology. As blockchain networks grow, they often face congestion and slower transaction times. Cardano addresses these issues through its multi-layer architecture and innovative scalability solutions. Cardano employs a sharding solution called Hydra, which allows the network to process thousands of transactions per second (TPS). Hydra works by creating mini-blockchains (or heads) that can process transactions in parallel, drastically increasing the network’s capacity without sacrificing security or decentralization. This makes Cardano one of the most scalable PoS platforms in the blockchain industry. Regarding interoperability, Cardano’s design allows it to communicate with other blockchains and traditional financial systems. This is made possible through the CCL, which facilitates cross-chain communication and interaction. Cardano’s focus on interoperability is a major differentiator, as many other blockchains operate in isolation, limiting their utility in a broader ecosystem. ### **4. Smart Contracts and dApps on Cardano** Cardano’s smart contract functionality is powered by Plutus, a unique programming language developed for the platform. Plutus enables developers to create robust and secure smart contracts, essential for various industries such as finance, healthcare, and supply chain management. The secure nature of Plutus smart contracts ensures that they are resistant to common security vulnerabilities, making them a reliable option for businesses and developers. Cardano’s approach to smart contracts is critical in supporting decentralized applications (dApps). With the growing demand for dApps, Cardano offers developers a scalable and secure platform to build applications that can handle a large volume of transactions without compromising speed or security. ### **5. Cardano’s Role in the Development of DeFi** Decentralized Finance (DeFi) is a rapidly growing sector within the blockchain industry, and Cardano has positioned itself as a key player in this space. DeFi applications aim to provide financial services, such as lending, borrowing, and trading, without the need for intermediaries like banks. Cardano’s secure, scalable, and energy-efficient platform makes it an ideal environment for building DeFi protocols. The platform’s native token, ADA, is integral to many DeFi protocols on the Cardano network. ADA is used for staking, governance, and various DeFi activities such as lending and trading. As Cardano continues to develop its ecosystem, more DeFi projects are expected to be built on the platform, further cementing its role in the decentralized finance space. ### **6. Cardano’s Impact on the Wider Blockchain Ecosystem** Cardano’s impact on the broader blockchain ecosystem is significant. As a third-generation blockchain platform, it has addressed many of the shortcomings of earlier blockchain models. Cardano’s use of PoS not only improves energy efficiency but also enhances security and decentralization. Its innovative solutions for scalability and interoperability have influenced other blockchain platforms, pushing the industry toward more sustainable and scalable models. By solving problems related to transaction speed, energy consumption, and cross-chain communication, Cardano is helping to drive the next phase of blockchain adoption. The platform’s contributions to DeFi and its growing community of developers and stakeholders make it a crucial player in the blockchain ecosystem. ### **Conclusion: The Future of Cardano in the Blockchain Ecosystem** Cardano’s future looks promising as it continues to innovate in areas like scalability, interoperability, and DeFi. Its unique approach to governance, sustainability, and security makes it a platform well-suited for long-term growth and adoption. As the blockchain ecosystem evolves, Cardano’s role will likely expand, making it a cornerstone in the development of decentralized applications and financial systems. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Ada, Cardano, Crypto Assets --- ### [Unlock Big Profits: How the Supertrend Indicator Can Signal Your Next Big Trade](https://blog.unocoin.com/unlock-big-profits-how-the-supertrend-indicator-can-signal-your-next-big-trade/) **Published:** September 25, 2024 **Author:** Unocoin Growth **Content:** Traders often use the supertrend indicator to spot market trends and identify optimal entry and exit points. As a technical analysis tool, it simplifies trading decisions by providing clear buy and sell signals. By understanding how the supertrend indicator works, traders can enhance their profits and minimize risk. ## **A. A Brief Overview of the Supertrend Indicator** The supertrend indicator is a line on a price chart that follows market price movements. It helps traders confirm market trends and assess risks. The indicator is calculated by modifying the closing price using a value derived from multiplying the **Average True Range (ATR)** with a preset multiplier. The ATR measures market volatility and helps determine the strength of a trend. #### **B. The Importance of Understanding Buy and Sell Signals** Recognizing buy and sell signals is crucial in making informed trading decisions. The supertrend indicator provides clear signals that help traders decide when to enter or exit trades. Knowing how to interpret these signals allows traders to reduce losses, maximize gains, and improve overall trading performance. ### **Understanding the Supertrend Indicator** The supertrend indicator is both easy to use and effective. It offers straightforward buy and sell signals, but to make the most of it, traders should understand how the indicator is calculated and how to adjust its settings for different market conditions. #### **A. Explanation of the Supertrend Formula** The supertrend formula is based on the ATR, which measures market volatility. It adjusts the closing price with a multiplier of the ATR to create a line that follows the price. When the price crosses above this line, the indicator signals a **buy**. Conversely, when the price drops below the line, it signals a **sell**. #### **B. Parameters and Settings for Customization** The two main customizable settings in the supertrend indicator are the **ATR period** and the **multiplier**. The ATR period determines the length of price data used, while the multiplier adjusts the sensitivity of the indicator. A higher multiplier reduces false signals but may delay entry points, while a lower multiplier provides faster signals but with more noise. Adjusting these parameters allows traders to tailor the indicator to their specific trading style and the asset being traded. ### **Generating Buy Signals** The supertrend indicator is widely used to identify buy opportunities. By understanding the conditions that trigger buy signals, traders can improve their timing for entering trades and enhance profitability. #### **A. Conditions for a Buy Signal** Two key conditions must be met for a valid buy signal: 1. **Breakout Above the Supertrend Line**: A buy signal occurs when the price breaks above the supertrend line, indicating a shift from a downtrend to an uptrend. The supertrend line changes colour from red to green, signalling a potential buying opportunity. 2. **Confirmation with Other Indicators**: For a more reliable signal, it is recommended to confirm the buy signal using other technical indicators. Popular options include **Moving Averages**, **Relative Strength Index (RSI)**, and **Moving Average Convergence/Divergence (MACD)**. If these indicators also show bullish trends, the supertrend buy signal becomes more credible. #### **B. Real-World Examples of Successful Buy Signals** In a bullish market, for instance, when a stock’s price crosses above the supertrend line and the RSI moves above 50, a strong buy signal is generated. Traders who act on this signal often see profits as the price continues to rise. Another example can be seen in the cryptocurrency market, where early uptrends are captured by combining the supertrend indicator with moving averages, resulting in consistent profits. ### **Generating Sell Signals** The supertrend indicator also helps traders identify the right time to exit trades and protect profits. Recognizing sell signals is crucial for avoiding losses in a downtrend. #### **A. Conditions for a Sell Signal** Two key conditions must be satisfied for a valid sell signal: 1. **Breakdown Below the Supertrend Line**: A sell signal is triggered when the price drops below the supertrend line, indicating a shift from an uptrend to a downtrend. The line changes from green to red, signalling that it’s time to exit or sell. 2. **Cross-Verification with Additional Indicators**: Like buy signals, it is important to confirm sell signals with other technical indicators. Tools like the **RSI**, **MACD**, and **Moving Averages** can provide additional confirmation. If these indicators show bearish trends, the supertrend sell signal is more reliable. #### **B. Illustrative Examples of Effective Sell Signals** In a bearish market, a strong sell signal can be observed when a stock price breaks below the supertrend line and the RSI falls below 50. Traders who exit at this point can minimize losses as the price continues to decline. Similarly, in forex trading, a breakdown below the supertrend line followed by a bearish crossover on the MACD provides a strong exit signal. ### **Tips for Effective Use** Understanding buy and sell signals is only part of successfully using the supertrend indicator. Traders should also focus on risk management, market conditions, and avoiding common mistakes. #### **A. The Importance of Risk Management** Risk management is critical when trading with the supertrend indicator. Always set **stop-loss orders** to protect your capital and avoid risking more than you can afford. Good risk management improves long-term profitability by limiting potential losses. #### **B. Market Conditions to Consider** The supertrend indicator performs best in **trending markets**. In sideways or choppy markets, false signals can occur more frequently. Traders should rely on the supertrend indicator primarily in markets where a clear trend is evident. #### **C. Avoiding Common Pitfalls** Avoid relying solely on the supertrend indicator for trading decisions. Always cross-check signals with other technical indicators. Additionally, adjust the indicator’s settings based on the specific asset and market conditions to improve accuracy. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** blockchain, building crypto portfolio, Crypto Indicators, Cryptocurrency, Supertrend Indicator --- ### [How to Play and Earn with Axie Infinity: A Complete Guide](https://blog.unocoin.com/how-to-play-and-earn-with-axie-infinity-a-complete-guide/) **Published:** September 23, 2024 **Author:** Unocoin Growth **Content:** Axie Infinity is a trailblazer in the play-to-earn (P2E) gaming world, combining blockchain technology with a fun and immersive gaming experience. Players can earn in-game rewards like Smooth Love Potion (SLP) and Axie Infinity Shards (AXS) through strategic gameplay, trading, and other activities. This guide will walk you through how to get started, play, and maximize your earnings in Axie Infinity. ### **What is [Axie Infinity](https://unocoin.com/in/exchange/inr/axs)?** Axie Infinity is a blockchain-based game built on the Ethereum network, developed by the Vietnamese firm Sky Mavis in 2018. Inspired by the Pokémon series, Axie Infinity allows players to breed, raise, battle, and trade digital creatures called Axies. Each Axie is a unique non-fungible token (NFT) with specific traits, abilities, and value. The game has a thriving economy where players can earn real-world rewards by playing. Axie Infinity has attracted millions of users globally, combining gaming with decentralized finance (DeFi) in a way that is reshaping both industries. ### **Axie Infinity Tokens: AXS and SLP** In the Axie Infinity ecosystem, two key tokens fuel the game: 1. **Axie Infinity Shards (AXS)**: AXS is the game’s governance token, giving players the right to participate in decision-making processes for the platform’s development. You can earn AXS through in-game activities and competitions. You can also stake your AXS tokens to earn additional rewards, helping maintain the decentralized nature of the game. 2. **Smooth Love Potions (SLP)**: SLP is earned by playing the game and can be used to breed new Axes. Players earn SLP by completing quests, winning battles, and participating in other activities. Like AXS, SLP can be traded on cryptocurrency exchanges. ### **Setting up to Play Axie Infinity** To start playing Axie Infinity, you’ll need to follow these steps: 1. **Buy Ethereum (ETH)**: To get started, you need to purchase Ethereum (ETH) from a crypto exchange like Binance, Coinbase, or CoinSwitch. 2. **Set Up a Digital Wallet**: Create a MetaMask wallet to store your ETH. MetaMask is a popular Ethereum wallet used for various decentralized applications. 3. **Create a Ronin Wallet**: The Ronin Wallet is a sidechain specifically designed for Axie Infinity. Transfer ETH from MetaMask to Ronin Wallet via the Ronin Bridge. 4. **Buy Axies**: Log into the Axie Infinity Marketplace using your Ronin Wallet, and purchase at least three Axies to form a team. 5. **Download the Game**: Install Axie Infinity on your device (available for both mobile and desktop). ### **How to Play Axie Infinity** Axie Infinity’s gameplay centres around turn-based battles where your team of Axies faces off against other teams. The battle system works similarly to traditional card games, with each player strategically using cards representing Axie’s abilities. Each Axie has unique characteristics based on its **class** (e.g., reptiles, beasts, birds) and **stats** (health, speed, skill, morale). Your success in battles depends on understanding these traits and forming a team that complements each other’s strengths. There are different game modes in Axie Infinity: - **Adventure Mode**: PvE (Player vs. Environment) battles against AI opponents. You can earn up to 50 SLP daily here. - **Arena Mode**: PvP (Player vs. Player) battles where you can earn higher rewards by defeating other players. ### **How to Earn with Axie Infinity** Axie Infinity follows a play-to-earn model, which means players can earn in multiple ways. Here are the most common methods: 1. **Daily Quests**: Completing daily quests like logging in, winning battles, and completing specific challenges will earn you an SLP. 2. **Breeding and Selling Axies**: Breeding is a key part of Axie Infinity. You can breed two Axies by paying AXS and SLP tokens to create a new Axie with unique traits. Breeding Axies allows players to sell them on the marketplace for profit, with rarer Axies fetching higher prices. For example, the most expensive Axie ever sold, called “Angel,” was bought for around $120,000. 3. **Staking AXS**: By staking AXS tokens, players can lock up their tokens and earn staking rewards, similar to earning interest on a savings account. This method allows you to generate passive income without actively playing the game. 4. **Axie Scholarship Program**: In the Scholarship Program, owners of Axies (managers) lend them to other players (scholars), who play the game on their behalf. The profits, mainly SLP earned by the scholar, are shared between the manager and the scholar. This is an excellent way to earn without spending time playing the game. 5. **Investing in Lunacia Land**: Lunacia, the virtual world where Axies live, is divided into tokenized plots of land that players can buy, develop, and sell. Landowners can host events, rent out land, or develop it to generate more income. ### **Conclusion** Axie Infinity has created a new frontier in gaming by merging blockchain technology, NFTs, and DeFi into a single ecosystem. The game offers multiple avenues to earn real-world rewards, making it more than just a fun and engaging experience. Whether through breeding and selling Axies, staking AXS, or participating in battles, Axie Infinity’s P2E model ensures that both players and investors can benefit. As blockchain gaming continues to grow, Axie Infinity is set to play a leading role in the future of decentralized gaming. Start your journey today and experience how play-to-earn can change the way we think about gaming forever. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Explore top crypto trading techniques 2024!](https://blog.unocoin.com/explore-top-crypto-trading-techniques-2024/) **Published:** September 20, 2024 **Author:** Unocoin Growth **Content:** Mastering Crypto Analysis: Top Techniques & Strategies for Trading Futures** The cryptocurrency market, characterized by its volatility and constant fluctuations, presents both opportunities and risks for traders. To thrive in this dynamic environment, it is essential to master the art of crypto analysis. By examining price data, market sentiment, and key indicators, traders can create solid strategies that help them capitalize on market movements. This blog will explore the fundamentals of crypto analysis, comparing technical and fundamental analysis, and delving into advanced trading strategies like leverage, margin trading, and algorithmic trading. ### **Understanding the Basics of Crypto Analysis:** The crypto analysis involves examining various factors that impact the price of a cryptocurrency. There are two primary approaches to this: - **Technical analysis** involves studying past price data, chart patterns, and technical indicators to identify trends and predict future price movements. - **Fundamental analysis**: This focuses on evaluating the core factors affecting a cryptocurrency’s value, including the project’s team, technology, usage, competition, and overall market conditions. Both approaches are essential for making informed investment decisions, and understanding these basics is key to navigating the crypto market successfully. ### **Technical vs. Fundamental Analysis: A Comparative Overview** While technical analysis relies on historical price data to predict future price movements, fundamental analysis looks at the intrinsic value of a cryptocurrency. - **Technical analysis** is grounded in the belief that price movements are not random but follow identifiable patterns over time. Traders use charts and technical indicators like moving averages and the Relative Strength Index (RSI) to spot trends and predict potential outcomes. - **On the other hand, fundamental analysis** examines the project’s underlying factors, such as the team’s expertise, technological innovations, adoption rates, and competition. Fundamental analysts believe that a cryptocurrency’s price will reflect its true value over time. Combining both technical and fundamental analysis allows traders to gain a comprehensive understanding of market dynamics and make well-rounded trading decisions. ### **Diving into Technical Analysis:** Technical analysis plays a crucial role in crypto trading by helping traders read price charts, identify trends, and make informed decisions. This approach involves studying historical price data to understand market sentiment and anticipate future price movements. Key tools for technical analysis include candlestick, line, and bar charts, as well as chart patterns such as head and shoulders, triangles, and double tops/bottoms. #### **Reading Crypto Charts:** Understanding how to read charts is vital for technical analysis. The three most common types of charts are: - **Line charts**: These are the simplest charts, connecting closing prices to illustrate overall price trends. - **Bar charts**: These provide more detailed information by displaying the opening price, closing price, highest price, and lowest price for each period. - **Candlestick charts**: These are popular due to their visual appeal and easy-to-read format. Each candle represents price changes over a given period, with green indicating price increases and red showing declines. Mastering the interpretation of these charts is a cornerstone of successful crypto trading. #### **Identifying Key Chart Patterns:** Recognizing chart patterns is an essential skill in technical analysis. Some common patterns include: - **Head and Shoulders**: This signals a bearish reversal, typically appearing after an uptrend, indicating a slowdown in price increases. [![](https://blog.unocoin.com/wp-content/uploads/2024/09/head-and-shoulders-pattern.png "head and shoulders pattern | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/09/head-and-shoulders-pattern.png) - **Double Tops and Bottoms**: A double top suggests a shift from a bullish to a bearish trend, while a double bottom indicates a potential move from bearish to bullish. [![](https://blog.unocoin.com/wp-content/uploads/2024/09/Double-top-and-bottom.png "Double top and bottom | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/09/Double-top-and-bottom.png) - **Triangles**: These are continuation patterns, suggesting that the current trend will continue after the pattern is completed. [![](https://blog.unocoin.com/wp-content/uploads/2024/09/Triangles-patterns.jpg "Triangles patterns | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/09/Triangles-patterns.jpg) By learning to spot these patterns, traders can make better-informed decisions about when to enter or exit trades. ### **Fundamental Analysis in Cryptocurrency** While technical analysis focuses on price data, fundamental analysis examines the factors that influence a cryptocurrency’s value. Key elements of fundamental analysis include evaluating the project’s whitepaper, team experience, technology, community involvement, and market position. #### **Assessing Market Sentiment** Market sentiment reflects how investors feel about a particular cryptocurrency or the broader market. Positive sentiment, often driven by favorable news, new regulations, or technological advancements, can lead to price increases. Conversely, negative sentiment—triggered by scams, regulatory crackdowns, or declining interest—can cause prices to fall. Monitoring social media, news platforms, and online forums is crucial for understanding current market sentiment and making informed trades. #### **Evaluating Blockchain Project Fundamentals** When conducting a fundamental analysis of a blockchain project, it’s important to examine the whitepaper, team credentials, technology, and adoption rate. Additionally, assessing market cap, trading volume, liquidity, and partnerships offers valuable insight into the project’s long-term potential. ### **Core Indicators for Effective Crypto Analysis** Several technical indicators assist traders in identifying trends, momentum, and potential price reversals. Three widely used indicators include: - **Moving Average Convergence Divergence (MACD)**: This indicator examines the relationship between two moving averages to identify potential trend changes. - **Relative Strength Index (RSI)**: RSI measures the speed and magnitude of price movements, helping traders determine whether a market is overbought or oversold. - **Bollinger Bands**: These are used to analyze price volatility. A price break above the upper band may signal an upward trend, while a break below the lower band suggests a potential downward trend. ### **Advanced Strategies in Crypto Trading** For seasoned traders, advanced strategies like leverage, margin trading, and algorithmic trading offer opportunities for higher profits—though with increased risk. - **Leverage and Margin Trading**: These allow traders to amplify their positions using borrowed funds. While this can lead to higher gains, it also comes with significant risks. - **Algorithmic Trading**: This involves using computer programs to automatically execute trades based on predefined rules. Algo-trading can quickly capitalize on short-term market movements, but it requires technical expertise and robust risk management. ### **Risk Management in Cryptocurrency Trading** Effective risk management is as important as identifying profitable opportunities in crypto trading. Setting stop-loss and take-profit points, diversifying your portfolio, and managing leverage are key components of a solid risk management strategy. By following these practices, traders can minimize potential losses and make more calculated decisions. ### **Conclusion** Mastering crypto analysis involves balancing technical and fundamental strategies to navigate the volatile cryptocurrency market. By understanding market sentiment, utilizing key indicators like MACD and RSI, and employing risk management techniques, traders can make informed decisions and increase their chances of success. Whether you’re a novice or an experienced trader, continually refining your analysis skills is essential for long-term profitability in the ever-evolving crypto world. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Unocoin Introduces Zero-Fee BTC Withdrawals](https://blog.unocoin.com/unocoin-introduces-zero-fee-btc-batch-withdrawals/) **Published:** September 13, 2024 **Author:** Unocoin Growth **Content:** In an exciting move towards improving user experience and optimizing the way crypto transactions are managed, Unocoin has introduced a new feature **zero-fee BTC batch withdrawals**. With this new service, users can now enjoy more flexible and cost-effective withdrawals that are processed twice a week without the usual transaction fees. This enhancement brings a new level of convenience, especially for those frequently engaging in Bitcoin transactions. ### **What is [Bitcoin Batch Withdrawal](https://unocoin.com/in/exchange/inr/btc)?** Batch withdrawal is a method that allows multiple user withdrawals to be processed in a single transaction. By grouping several withdrawals together, Unocoin optimizes blockchain fees and ensures that users incur no charges for moving their Bitcoin. The concept is simple yet powerful—rather than processing individual withdrawal requests immediately, they are grouped into a “batch,” which is then executed at a set time. This type of withdrawal is particularly beneficial for users who are patient and prefer to save on the usual transaction fees. Unocoin’s batch withdrawals are designed to minimize costs while maintaining the same level of security and efficiency that individual withdrawals offer. ### **How Does it Work?** Users can submit their BTC withdrawal requests as usual via their Unocoin accounts. The difference now lies in how these requests are processed. Instead of instant withdrawal (which would normally come with a fee), users can choose the batch processing option, which ensures their withdrawal will be processed during one of the two weekly batch windows: - **Crypto Batch Withdrawal Process:** Withdrawals are **processed once every 4 days.** After submitting a request, it will be handled in the next available processing cycle. You’ll receive a notification once your withdrawal is completed. This method provides users with predictable schedules for their withdrawals and the benefit of zero transaction fees, which would otherwise be 0.0005 BTC. ### **Zero Transaction Fees** One of the most exciting aspects of this new feature is the complete elimination of the standard 0.0005 BTC withdrawal fee. By choosing batch withdrawals, users can now transfer their Bitcoin without incurring any additional costs. Whether you’re moving a large amount of Bitcoin or making smaller, more frequent transfers, the absence of fees means you keep more of your Bitcoin. This move aligns with Unocoin’s commitment to making cryptocurrency more accessible and user-friendly. As blockchain transaction fees fluctuate, the batch withdrawal feature becomes even more valuable, allowing users to avoid high fees that can cut into their earnings or portfolios. ### **Why Opt for Batch Withdrawals?** 1. **Cost Efficiency**: The primary advantage is cost savings. With zero withdrawal fees, users can transfer their Bitcoin without worrying about network fees, which are generally unavoidable when making individual transactions. 2. **Optimized Network Usage**: By processing withdrawals in batches, Unocoin helps reduce network congestion, which can sometimes occur during peak times on the Bitcoin network. This optimized usage contributes to faster and more efficient blockchain transactions for everyone. ### **How to Get Started** Getting started with zero-fee batch withdrawals is straightforward. If you’re a Unocoin user, simply login to your Unocoin account, navigate to your wallet and attempt to withdraw BTC. In the confirmation window, you’ll see a toggle option to enable a zero-fee withdrawal if you’re withdrawing to an external address. Enable the zero-fee withdrawal option and enjoy fee-free transactions! For users who need to withdraw their BTC immediately, the standard, instant withdrawal option is still available, though it will incur the usual network fees. ### **Security and Transparency** Unocoin is committed to maintaining the highest level of security for all transactions, whether batch or individual. Your Bitcoin will be securely processed and sent to your specified withdrawal address during the batch window. Transaction details such as the amount, wallet address, and Transaction ID (TXN) will always be provided for complete transparency. ### **Conclusion** Unocoin’s zero-fee BTC batch withdrawals are an innovative solution designed to make cryptocurrency transactions easier and more affordable for users. Whether you’re a casual investor or a frequent trader, this new feature offers the flexibility to save on fees while still enjoying the same level of security and efficiency. If you haven’t tried batch withdrawals, now is the perfect time to use this cost-effective service. Log in to your Unocoin account and save on your BTC transfers today! For more information or any inquiries, Unocoin’s support team is always available to assist you. Happy trading! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, Featured, News **Tags:** bitcoin, Bitcoin Crypto, Btc, Cryptocurrency --- ### [Essential Tips to Protect Against Phishing Scams In crypto](https://blog.unocoin.com/essential-tips-to-protect-against-phishing-scams-in-crypto/) **Published:** September 11, 2024 **Author:** Unocoin Growth **Content:** The digital world offers tremendous opportunities but also comes with risks, including phishing scams that target unsuspecting individuals to steal their valuable crypto assets. At Unocoin, we stress the importance of staying informed about these threats and securing your account with robust protection. Users must be vigilant and prepared to safely navigate these challenges in their crypto journey. What is Phishing? Phishing is a fraudulent technique designed to trick individuals into divulging sensitive information, such as login credentials, financial data, or private keys. Scammers use various tactics to appear legitimate, often impersonating trusted organizations, to access and steal your digital assets. ### **Different Types of Phishing:** - **Whaling:** This type of phishing targets high-profile individuals and organizations with highly customized attacks, often involving tailored emails, fake websites, and social engineering to steal significant amounts of crypto or sensitive information. - **Clone Phishing:** In this scenario, attackers create fake websites that closely resemble legitimate ones, with small but critical changes in the URL or domain name, like ‘Unoico.com’. Users who enter their login information on these sites unknowingly provide their details to the attackers. - **Vishing (Voice Phishing):** Scammers pose as customer service representatives from known exchanges or wallet providers, requesting sensitive information such as login credentials or private keys over the phone. - **Smishing (SMS Phishing):** Deceptive text messages with enticing offers or urgent alerts are sent to users, leading them to click on harmful links that result in data theft or malware installation. - **Angler Phishing:** Using social media platforms, attackers create misleading posts or direct messages, often impersonating well-known figures or official accounts, to lure victims with exclusive investment opportunities or giveaways, which are actually scams. - **Man-in-the-Middle Attacks:** These attacks occur when an attacker intercepts communication between a user’s device and a legitimate website, allowing them to steal data or redirect the user to a phishing site. Public Wi-Fi networks are especially vulnerable to these attacks. #### **How to Spot Fake Websites and Avoid Cyber Scams:** Understanding the risks is the first step in protecting yourself online. Here are some key measures to counteract cyber threats: - **Examine Links Carefully:** Before clicking any link, hover over it to verify its authenticity. Avoid clicking on suspicious links in emails, texts, or social media messages. Bookmark and directly access the official Unocoin website. Phishing sites often mimic the real site closely, so be mindful of the URL. - **Enhance Account Security:** Enable Two-Factor Authentication (2FA) for your Unocoin account. This adds an extra layer of security by requiring a time-sensitive code for login, significantly reducing the risk of unauthorized access. - **Secure Your Passwords:** Keep your login credentials secure. Unocoin will never ask for your passwords via email, phone, or social media. If you receive such a request, report it immediately to support@unocoin.com and never share your password. - **Be Wary of Scams:** Be sceptical of offers that promise quick profits or exclusive investment opportunities, as they are often signs of scams. Always thoroughly research unfamiliar platforms or offers before investing. - **Stay Informed:** Regularly update your knowledge about the latest phishing tactics. Visit the Unocoin blog for current updates and educational content to sharpen your awareness. - **Trust Your Instincts:** If something seems too good to be true, it probably is. Always prioritize caution and report any suspicious activity immediately. Don’t hesitate to contact Unocoin support for assistance. By staying alert, following these safety measures, and approaching the digital landscape with caution, you can securely and confidently pursue your crypto goals on Unocoin. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto, Crypto Assets, Cryptocurrency, Unocoin --- ### [Announcement of the winners of the XDC Trading competition](https://blog.unocoin.com/announcement-of-the-winners-of-the-xdc-trading-competition/) **Published:** September 11, 2024 **Author:** Unocoin Growth **Content:** Congratulations to the best traders! The XDC Trading competition has ended and we are pleased to announce the winners! This blog celebrates the best traders & provides an overview of the competition results. We are excited to reveal the top performers in the XDC Trading Competition. Congratulations to the winners who demonstrated exceptional business skills and strategic skills. Your dedication and expertise have earned you well-deserved recognition. **Best performers: Here’s a look at the top traders who excelled in the competition:** 1. SRINIVASAN GUBERAN 2. SUHAS SAKLESHPUR KIRAN 3. CHAND MOHAMMAD 4. PRASHANTH K M 5. KARAN CHOPRA 6. VARADHAN ARUL KUMAR 7. NARENDRA KUMAR JHA 8. Sandeep 9. ARUN BHARTIA 10. PAMMI CHINTHAYYA CHENCHURAMAIAH 11. YASWANT KUMAWAT 12. JANANI MURUGESAN 13. Sikkandar Mohamed Iqbal 14. HARISH NAGARAJ 15. T M Mohammed Iliyas 16. PROSENJIT BARMAN 17. MUDAVATH ANIL NAIK 18. PREM PRAKASH KURREY 19. RAHUL GANGADHAR MALAGHAN 20. SAHIL ECHAR The prize pool of 10,000 XDC was distributed among the top 20 traders. The awards reflect the level of success and achievements achieved during the competition. Winners will receive their rewards directly to their Unocoin accounts. **How to Claim?** Traders have been mailed with respective coupon codes to their registered e-mail ID from Support@unocoin.com please check your registered e-mail IDs to claim your rewards **Here are the key points to look at:** - Please ensure that you copy and paste The **coupon code** without any spaces). - The coupon will expire on **5th November 2024**. Please ensure you apply before this expiry date. - Steps to redeem the coupon: 1. Open the **Unocoin app**. 2. Go to **More**. 3. Select **Redeem Coupon**. 4. Paste the coupon code and click **Apply**. - The coupon code can only be used once and must be redeemed by the user whose name has been announced. The name must match the User ID mentioned in the email. - if you have doubts please send mail to support@unocoin.com We look forward to hosting more business competitions in the future. These events allow traders to test their skills, learn from others and compete for exciting rewards. Stay tuned for announcements and updates about upcoming contests. We thank all participants for their enthusiasm and commitment throughout the competition. Your participation made the event a success and we appreciate your contributions to the business community. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News, Offers and Contests --- ### [Know about Crypto Exchanges & How Does It Work?](https://blog.unocoin.com/unocoin-your-trusted-platform-for-secure-cryptocurrency-investments/) **Published:** September 6, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency industry has witnessed explosive growth over the last few years, leading to widespread adoption and a surge in the number of crypto exchanges. As new tokens and projects continue to emerge daily, the growing interest in cryptocurrencies has prompted many investors to explore how to start investing in crypto assets for potential passive income and how to securely store their digital assets. To help navigate the basics of entering the crypto market, let’s explore what crypto exchanges are, the different types available, and how to choose the right one to start investing in crypto tokens. **What Is a Crypto Exchange? How Does It Work?** A crypto exchange is a platform that facilitates the buying and selling of cryptocurrency assets. Interested parties can use these exchanges to trade one cryptocurrency for another or purchase crypto tokens using fiat currency, such as INR or USD. These exchanges provide a marketplace for crypto tokens, similar to how e-commerce platforms like Amazon or Walmart offer products for consumers. Users can deposit money via methods such as direct bank transfer, net banking, or P2P, with a small fee charged for each transaction, depending on the exchange. Crypto exchanges display the current market prices of the crypto tokens they offer. Users can transfer fiat currency to their exchange wallets and invest in the token of their choice. They can also convert those cryptos back into INR or another currency or use the tokens in their wallet to exchange for another cryptocurrency. **What Are the Different Types of Crypto Exchanges?** The rise in crypto exchanges has created various types of platforms to cater to the massive demand from the crypto community. These exchanges differ based on the services they offer to meet the specific needs of their customer base. **1. Centralized Exchanges (CEX)** Centralized exchanges are the most common type of crypto exchange platform. They offer top-notch security, user-friendly interfaces, and simple processes, making them ideal for quick and seamless crypto trading. As the name suggests, these exchanges are governed and regulated by a central entity. [Unocoin Exchange for crypto trading in India.](http://unoco.in/app?utm_source=blog&utm_medium=website) All transactions on a centralized exchange are recorded and validated by the company to maintain a thorough database and avoid discrepancies. User funds deposited in these wallets are managed by the CEX. To open an account, users must fulfil KYC requirements, and provide personal information. This step ensures compliance with regulations and enhances security. **2. Decentralized Exchanges (DEX)** Decentralized exchanges (DEXs) operate without any central authority. Trades on a DEX are fully automated and executed through smart contracts and decentralized applications. Since these exchanges are not monitored, there is no need for KYC, and users are not required to provide personal information. Some crypto enthusiasts consider DEXs more secure due to the automated nature of smart contracts designed with security checks. However, the interface of DEXs is not as user-friendly as that of CEXs, resulting in slower transaction speeds and lower volume. While CEXs might be more suitable for beginners, experienced traders may find DEXs beneficial for their investments. **3. Hybrid Exchanges (HEX)** Hybrid exchanges combine the best features of both decentralized and centralized exchanges. Although still in the developmental phase, hybrid crypto exchanges offer the liquidity of centralized platforms while maintaining the anonymity and security of decentralized exchanges. A key feature of HEX trading is the absence of taker fees and gas fees. **Steps to Choose a Crypto Exchange – Comparing Crypto Exchange Platforms** Crypto exchanges function similarly to brokers, providing traders with all the tools needed to execute trades, such as buying Bitcoin, Ethereum, or other altcoins. However, there are specific criteria to consider before choosing a crypto exchange: **Step 1: Conduct Thorough Research** Just as selecting a crypto token for investment requires thorough research, choosing a crypto exchange also demands careful consideration. Ensure that the exchange meets all your requirements and is easy to navigate. During your research, examine market sentiment regarding the exchange and how the company presents itself. Investigate any security issues or hurdles the exchange has faced and how these were addressed. **Step 2: Prioritize Security** Security is paramount when choosing a crypto exchange. Check the security measures in place, often detailed in the exchange’s product feature blogs. To enhance safety, consider keeping some of your assets in a cold wallet while storing the rest in a hard wallet. **Step 3: Evaluate Exchange Transparency** Trust and transparency are crucial, especially since many countries lack clear crypto regulations. To identify a reliable exchange, review its audit information, which provides insights into the company’s financial health. **Step 4: Assess Coin and Token Offerings** It’s important to review the exchange’s history of listing and delisting coins. Reliable exchanges conduct rigorous checks on any new token before listing it on their platform. **Step 5: Consider Order Book Volume** The order book, which consolidates purchase and sale orders on the exchange, is a key indicator of activity. A higher-order book volume suggests more traders and investors are using the exchange, leading to greater liquidity for exiting any cryptocurrency. **Step 6: Verify Exchange Location** The location of the exchange’s headquarters is significant, as it determines the rules and regulations applicable to the platform. Investors should be aware of the exchange’s registered office and its adherence to relevant laws and regulations. **Criteria for Choosing Crypto Exchanges – What to Look for When Choosing a Crypto Exchange** **Exchange Fees Fees vary from one exchange to another. Some charge a flat fee, while others impose additional transaction charges. It’s important to understand the fee structure before choosing an exchange. **Payment Methods The variety of payment gateways an exchange offers reflects its commitment to users. Ensure the exchange provides multiple payment options for convenience like Instant Bank transfers, NEFT, and RTGS depending on the regulations of the Country. **KYC Compliance Many crypto exchanges in India require KYC compliance to redeem profits. Though the process is not lengthy, it helps protect investors from financial crimes. **User Interface A user-friendly interface is essential for a positive trading experience. The exchange’s mobile and web applications should be secure and easy to navigate, as digital tokens are susceptible to theft and hacking. **Customer Service Efficient customer service is crucial for resolving issues promptly. The faster the support, the more satisfied investors will be with the exchange. **Types of Crypto Exchange Charges in India** There are different types of fees associated with various crypto exchanges. Here’s a look at the common charges: **Joining Fee Most crypto exchanges in India, including Unocoin, have waived joining fees. However, some exchanges may still impose a small membership fee for inactive accounts. **Deposit Fee This fee is charged when users deposit money or coins to the crypto exchange to initiate buying or selling. The amount depends on the method used for transferring funds, such as payment service providers, crypto wallets, UPI, net banking, or bank transfers. In unocoin Exchange, there is no INR deposit fee for the users. **[Also read Why choose Unocoin Exchange](https://blog.unocoin.com/2023/03/14/8-reasons-why-you-should-use-unocoin-to-buy-sell-crypto/)** Trading Charges Trading charges are a crucial part of the fee structure on a crypto exchange. They may be levied as a flat percentage of the transaction amount or based on the type of orders placed, such as maker and taker orders. Some exchanges may claim zero fees, but users should be cautious, as they might charge through the spread—the difference between buying and selling rates. **Withdrawal Fee A withdrawal fee may apply when users convert their cryptocurrency into fiat currency. Whether withdrawing money fully or partially into a registered bank account or withdrawing coins, there may be associated costs. **How to Open a Crypto Exchange Account Example: Unocoin** Opening an account with a crypto exchange is straightforward. Follow these steps once you’ve selected an appropriate exchange: 1. [Download the Unocoin app](http://unoco.in/app?utm_source=blog&utm_medium=website) from secure sources like an App Store or Play Store and create an account. 2. Provide the necessary information, such as your email ID, name, and contact details. 3. Verify your email, after which you’ll receive instructions to complete the KYC process. 4. Verify your address via email. 5. Complete the KYC process. 6. Set a strong password. **Note:** Never share your app, wallet, or exchange passwords, as they are difficult to recover if lost. [**How to Buy Crypto Tokens?**](https://blog.unocoin.com/2024/01/16/unocoin-your-trusted-and-fiu-compliant-platform-for-secure-crypto-investments-in-india/) Once your account is set up, buying crypto tokens is simple: 1. Sign in to the app. 2. Transfer INR funds to your wallet. 3. Choose the token you wish to invest in. 4. Select the amount you want to invest. 5. Place your order. **Conclusion** As with any investment, thorough research is essential before investing in cryptocurrencies. Consider your investment goals and financial situation before diving into the crypto market, which is known for its volatility. Only invest what you are comfortable with. Investing in your favorite cryptocurrency is safe and straightforward on Unocoin. Simply download the Unocoin app, complete the verification process, fund your wallet, and start investing in your desired crypto assets. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Exchanges in india, Cryptocurrency, How to buy Crypto, Safe Crypto Exchange --- ### [Bitcoin Cash (BCH) Price Analysis 2024](https://blog.unocoin.com/bitcoin-cash-price-analysis-2024-bch/) **Published:** September 4, 2024 **Author:** Unocoin Growth **Content:** Bitcoin Cash (BCH) has had a rough year and has seen a significant price drop since April 2024. After peaking above $700, BCH has corrected by nearly 55%, currently trading below $350. This analysis examines the factors influencing BCH’s price movement and the potential for recovery in the coming months. ### **The current state of the market:** [Bitcoin Cash](https://unocoin.com/in/exchange/inr/bch) has been in a consistent downtrend since early April 2024. The price has fallen from over $700 to under $350, reflecting broader bearish sentiment in the cryptocurrency market. This correction highlights the volatility and uncertainty currently surrounding BCH. #### **Market performance of BCH:** BCH price correction of almost 55% is the result of extensive selling and cautious investor sentiment. The price struggled to maintain its upward momentum and faced resistance at key levels such as the 50-day and 200-day EMAs and the $420 border. #### **Technical analysis:** Despite recent attempts to break through critical resistance levels, BCH remains vulnerable to further declines. Strong support is expected in the $280-300 zone, which is in line with the S2 Fibonacci pivot level. However, if BCH can overcome the psychological barrier of $400, it could rally to $500 by the end of September 2024. #### **Outlook for the future:** The outlook for Bitcoin Cash remains cautiously optimistic. If BCH stabilizes above $400 and maintains its upward momentum, a recovery could be on the horizon. However, continued market weakness may push the price lower and test the $280-300 support zone. ### [**Price Predictions of Bitcoin Cash**](https://unocoin.com/in/exchange/inr/bch) **August 2024:** Bitcoin Cash is expected to trade between $350 and $400. A slightly bullish market outlook could support BCH to hold on to recent gains, with resistance around $400 a key level to watch. **September 2024:** If BCH breaks above the $400 level, a rally towards $500 is possible. Failure to do so may result in retesting lower support levels. **Outlook for 2025:** Looking to 2025, BCH is expected to trade between $1,100 and $1,400. Greater acceptance and positive market sentiment could lead to a consistent upside, with resistance around $1,600 representing a significant milestone. **Conclusion:** Bitcoin Cash shows strong growth potential in 2024, especially if it can overcome critical resistance levels. While market conditions remain volatile, favourable sentiment and strong technical indicators could support a sustained rally and potentially lead BCH back to $700 and beyond by the end of the year. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** BCH Price Analysis, Bitcoin Cash, blockchain, crypto market 2024, Cryptocurrency --- ### [Get ready for MATIC to POL Migration – Here’s What You Need to Know](https://blog.unocoin.com/matic-to-pol-migration-heres-what-you-need-to-know/) **Published:** September 3, 2024 **Author:** Unocoin Growth **Content:** The long-awaited MATIC to POL upgrade is finally upon us! Polygon’s significant transition is scheduled for **September 4th, 2024**, marking a new era for the Polygon ecosystem. As part of this upgrade, Unocoin is also preparing to support this migration, ensuring that our users experience a smooth transition. ### **Key Details of the Migration** The MATIC to POL migration is a crucial upgrade that impacts the entire Polygon network. **POL** will replace **MATIC** as the native gas and staking token for the Polygon Proof-of-Stake (PoS) network in its initial phase. Over time, POL will expand its utility to play an essential role in the Polygon AggLayer and other facets of the network. ### **How Unocoin Users Can Claim POL** At Unocoin, we’re committed to making this transition seamless for our users. Here’s how you can claim your POL tokens: 1. **Automatic Upgrade**: If you hold MATIC on Unocoin, your tokens will automatically convert to POL after the migration is complete. There’s no need for any manual intervention on your part. 2. **Claiming POL**: Once the migration is successful, you’ll see POL in your Unocoin wallet. The token will replace MATIC as the native token, and all your balances will reflect the new POL token. 3. **Temporary Suspension of Deposits and Withdrawals**: In preparation for this upgrade, Unocoin will temporarily suspend the deposit and withdrawal features for MATIC. This suspension is necessary to ensure the security and accuracy of the migration process. - **Timeline**: The suspension will begin on **September 4th, 2024**, and will continue until the migration process is complete. - **Reactivation**: We will make an announcement shortly to inform you when deposits and withdrawals will be live again at Unocoin. Please stay tuned to our blog and social channels for updates. ### **Important Points to Note** 1. **No Action Required for Unocoin Users**: If your MATIC is held on Unocoin, the upgrade to POL will happen automatically. There’s no need to take any additional steps. 2. **Seamless Transition**: The migration is designed to be as smooth as possible. Your MATIC holdings will seamlessly convert to POL, and you’ll see the changes in your Unocoin account as soon as the upgrade is complete. 3. **Security First**: The temporary suspension of deposits and withdrawals is a precautionary measure to ensure the safety and integrity of your assets during this major upgrade. 4. **Stay Informed**: Keep an eye on Unocoin’s blog and social media channels for the latest updates regarding the reactivation of deposit and withdrawal features and any other important announcements. ### **Conclusion** The MATIC to POL migration marks a significant milestone in the evolution of the Polygon network, and Unocoin is here to support you every step of the way. We understand the importance of this transition, and we are taking all necessary measures to ensure that it goes smoothly for our users. Rest assured, your assets are secure, and we will keep you updated on when normal operations will resume. Thank you for choosing Unocoin. The future of Web3 is aggregated, and we’re excited to continue this journey with you. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, News **Tags:** Cryptocurrency, matic, POL, Polygon, Token Migration --- ### [XDC Trading Contest : Make Your Final Moves!](https://blog.unocoin.com/xdc-trading-contest-make-your-final-moves/) **Published:** August 31, 2024 **Author:** Unocoin Growth **Content:** As the XDC Trading Competition comes to an end on 31st Aug 2024, participants should take their final steps to maximize their results. Here’s a guide to help you navigate your final hours efficiently: **1. Check your performance:** Take a final assessment of your performance metrics, including trading volume, profitability and overall ranking. Evaluate which trades performed well and identify areas where you could improve on your final trades. **2. Make final trades:** Carefully plan and execute your last trades. Look for any remaining opportunities that could strengthen your position. Make sure your trades are well thought out and take advantage of any market insights or trends you’ve observed. **3. Follow the scoreboard:** As the contest ends, keep a close eye on the scoreboard. Track any changes in rankings and adjust your strategy if necessary. Knowing the dynamics of the rankings can help you react to any last-minute changes in the competition. **4. Optimize your strategy:** Apply any final adjustments to your trading strategy based on the latest market conditions and your performance review. Make sure your approach is aligned with your goals and optimized for the best possible outcome. **5. Stay calm and focused:** Keep calm during the last hours. Avoid making hasty decisions or taking too many risks. Staying focused and disciplined in executing your strategy will help you move through the competition more effectively. **6. Check for updates:** Stay informed of any final announcements or changes related to the competition. Make sure you are aware of all the important information that could affect your trading decisions. **7. Celebrate your achievements:** Regardless of the final result, take time to celebrate your efforts and achievements throughout the competition. Think about what you’ve learned and how you’ve grown as a trader. Acknowledging your progress can be a rewarding end to the competition. **8. Schedule of future competitions:** Consider what strategies and approaches worked well and what you might want to change for future competitions. Use your experience to plan and prepare for upcoming business events and challenges. In short, as the XDC Trading Competition winds down, it’s important to make strategic final moves, stay informed, and stay focused. Reflecting on your performance and celebrating your successes can provide a sense of accomplishment and valuable insights for future business endeavours. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto trading, Cryptocurrency, XDC Trading --- ### [Real Applications of the XDC Network in Trade Finance](https://blog.unocoin.com/real-applications-of-the-xdc-network-in-trade-finance/) **Published:** August 26, 2024 **Author:** Unocoin Growth **Content:** XDC Network is making significant strides in transforming trade finance through its advanced blockchain technology. Leveraging its hybrid blockchain architecture, XDC offers innovative solutions that address challenges faced by traditional trade finance processes. Here’s a look at how the[ XDC Network](https://unocoin.com/in/exchange/inr/xdc) is revolutionizing trade finance and its real-world applications: 1\. Streamlining processes: Trade finance traditionally involves numerous intermediaries, extensive documentation and lengthy approval processes. XDC Network simplifies and automates these processes through smart contracts and blockchain technology. By digitizing business documents and automating contract fulfillment, XDC reduces processing time and minimizes errors. 2\. Improving transparency: One of the main challenges in trade finance is ensuring transparency and visibility throughout the transaction process. The XDC Network blockchain provides an immutable and transparent ledger that allows all stakeholders to access accurate information in real time. This transparency reduces the risk of fraud and strengthens trust between participants. 3\. Improving efficiency: XDC Network’s high-speed transactions and low fees help improve trade finance efficiency. Traditional trade finance processes can be slow and costly, but XDC technology speeds up transactions and reduces the costs associated with cross-border payments and verification of trade documents. 4\. Facilitating cross-border trade: Cross-border trade often involves complex and time-consuming procedures, including currency conversion, document handling and regulatory compliance. The global reach and interoperability of the XDC Network simplify these processes, making cross-border transactions faster and more cost-effective. [Trade XDC now!](https://unocoin.com/in/exchange/inr/xdc) 5\. Compliance Automation: Compliance with regulations and standards is a critical aspect of trade finance. XDC Network’s smart contracts can automate compliance checks and ensure all parties comply with regulatory requirements. This automation reduces the risk of non-compliance and simplifies the documentation process. 6\. Support for trading financial platforms: The XDC network is integrated with various trade finance platforms and services, increasing their functionality and efficiency. By providing a robust and scalable infrastructure, XDC supports platforms that facilitate trade finance transactions such as supply chain finance, invoice finance and letter of credit services. 7\. Reducing the risk of fraud: Fraud is a significant problem in trade finance, with risks related to forged documents, duplicate transactions and unauthorized access. XDC Network’s secure blockchain technology mitigates these risks by providing a tamper-proof record of all transactions and ensuring data integrity. In conclusion, XDC Network is transforming trade finance by addressing traditional challenges and providing innovative solutions. Its advanced technology increases transparency, efficiency and security, making it a valuable asset for businesses and financial institutions involved in trade finance. As the XDC network continues to evolve, its impact on the trade finance industry will grow, offering new opportunities for modernization and improvement. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** crypto 2024, Crypto trading, XDC Network --- ### [XDC Trading Contest Update: The Race Is Heating Up!](https://blog.unocoin.com/xdc-trading-contest-update/) **Published:** August 20, 2024 **Author:** Unocoin Growth **Content:** As the [XDC Trading competition](https://unocoin.com/in/exchange/inr/xdc) progresses, the excitement and intensity reach new heights. Traders from all over the world are actively competing for a share of the 10,000 XDC prize pool and the race is getting increasingly competitive. Here’s an update on the current state of the competition and what you need to know: 1\. The best of the ranking: The ranking is constantly evolving and new top traders are emerging as the competition progresses. High trading volumes and strategic manoeuvres lead to top positions, so watch the strategies and adjust your approach accordingly. 2\. Trading Volume Statistics: Trade volumes increase as participants seek to increase their status. Some traders use aggressive strategies, while others focus on precision and timing. Analyzing trading volume trends can provide insight into the competitive landscape and help you identify effective tactics to increase your performance. 3\. Business trends: Monitor broader market trends and how they affect XDC’s pricing and trading activities. Market fluctuations can affect business strategies and competitive dynamics. Being informed about market conditions will help you make strategic decisions and adapt to changing scenarios. 4\. Participants’ stories: You can share your experiences and strategies through social media and community forums. Explore these stories to get inspired and learn from the successes and challenges of others. Community engagement can also provide valuable tips and insights to improve your own business performance. 5\. Adjust your strategy: Based on the latest updates and trends, evaluate your trading strategy and make necessary adjustments. If you notice that your current approach isn’t producing the results you want, consider refining your tactics or exploring new strategies to improve performance. 6\. Focus on the goals: Reevaluate your goals and objectives for the competition. Make sure your business activities are aligned with these goals and that you are on track to achieve them. Setting clear and achievable goals will help you stay focused and motivated throughout the competition. The XDC Trading Competition is heating up and the battle for the top spots is getting more intense. Keep a close eye on the latest updates, stay in touch with the community and constantly refine your strategy to stay competitive. Good luck to all participants and best of luck to the best traders! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** Crypto, XDC Network, XDC Trading --- ### [XDC Trading Contest Starts Today: Start trading and win from the 10,000 XDC prize pool!](https://blog.unocoin.com/xdc-trading-competition/) **Published:** August 16, 2024 **Author:** Unocoin Growth **Content:** The XDC Trading Competition has officially started on Unocoin and traders from all over the world are gearing up for a chance to win a share of the impressive 10,000 XDC prize pool! Running from August 16th to August 31st, this competition offers an exciting opportunity to showcase your trading skills, compete against others and potentially win significant rewards. **How to participate:** To enter the contest, simply log into your Unocoin account and start trading the [XDC/INR](https://unocoin.com/in/exchange/inr/xdc) Pair. The competition is open to all registered users and there are no entry fees. All you have to do is trade XDC and aim for high trading volumes to get on the leaderboard. Top traders will be rewarded based on their performance. **Key details:** - Competition period: August 16 – August 31 - Prize Pool: 10,000 XDC - Criteria: Winners will be determined based on their trading volumes during the competition period. ### **Reason for Participation In Trading Contest?** Win Attractive Prizes: With a prize pool of 10,000 XDC, there are plenty of opportunities to win rewards. Top traders will share this significant prize pool, making it a lucrative event for those who excel. Improve your trading skills: The competition provides a platform to refine your trading strategies and improve your skills. By analyzing market trends and executing trades effectively, you can gain valuable experience and improve your trading skills. Join the community: Participating in a contest will connect you with other cryptocurrency traders and enthusiasts. It’s an opportunity to interact with like-minded individuals, share insights and learn from others in the XDC community. Explore the potential of XDC: When you trade XDC, you will gain a deeper understanding of its functions and market behaviour. This experience can help you make more informed decisions and take advantage of XDC’s unique attributes. Raise your business profile: Performing well in a competition can improve your reputation within the business community. High positions and successful trades can prove you as a skilled trader and open up more opportunities in the crypto space. Get ready to start trading and make your mark in the [XDC Trading Competition](https://unocoin.com/in/exchange/inr/xdc). It’s an exciting event with valuable rewards and we look forward to seeing you do. Good luck and may the best traders win! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News, Offers and Contests **Tags:** Crypto trading, Cryptocurrency, Trading competition, XDC Trading --- ### [Join the XDC Trading Competition and Win Big on Unocoin!](https://blog.unocoin.com/join-the-xdc-trading-competition-and-win-big-on-unocoin/) **Published:** August 14, 2024 **Author:** Unocoin Growth **Content:** Get ready to put your trading skills to the test with the XDC Trading Competition on Unocoin! Running from **August 16th to August 31st**, this competition offers an impressive prize pool of 10,000 XDC. It’s an excellent opportunity for traders to showcase their expertise, engage with the XDC community, and potentially win substantial rewards. To participate in the competition, simply login to your Unocoin account and start trading XDC. The competition is open to all users, and there are no entry fees—just trade as much as you can to climb the leaderboard. The top traders with the highest trading volumes will be rewarded with a share of the 10,000 XDC prize pool. This competition is not only a chance to win prizes but also an opportunity to enhance your trading strategies and gain valuable experience. By analyzing market trends, optimizing your trades, and staying active throughout the competition, you can improve your performance and increase your chances of winning. In addition to the rewards, participating in the XDC Trading Competition allows you to connect with other traders, share insights, and learn from their strategies. The competitive environment fosters growth and learning, helping you become a better trader and make the most of XDC’s unique features. Don’t miss out on this exciting opportunity to test your skills and win big with XDC on Unocoin. Join the competition today, start trading, and aim for a top position on the leaderboard! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News, Offers and Contests **Tags:** Cryptocurrency, Trading competition, trading crypto, XDC Trading --- ### [Top reasons to be excited about the XDC network on Unocoin](https://blog.unocoin.com/top-reasons-to-be-excited-about-the-xdc-network-on-unocoin/) **Published:** August 13, 2024 **Author:** Unocoin Growth **Content:** The launch of the XDC Network on Unocoin is generating considerable excitement among the crypto community, and for good reason. Here are the main reasons why the integration of XDC with Unocoin is such an exciting development: **Advanced blockchain technology:** XDC Network’s hybrid blockchain architecture combines the strengths of both public and private chains. This innovative design provides high-speed transactions, low fees and enhanced security, making XDC a powerful addition to the Unocoin platform. **Enhanced Trading Opportunities:** With XDC now available on Unocoin, users gain access to a new asset with significant growth potential. XDC’s focus on trade finance and DeFi offers unique business opportunities that allow users to diversify their portfolios and explore new investment avenues. [Trade XDC Now!](https://unocoin.com/in/exchange/inr/xdc) **Seamless integration:** Unocoin’s user-friendly platform makes it easy for both new and experienced traders to access XDC. The integration ensures seamless trading with intuitive tools and features that cater to a wide range of trading styles. **Community Engagement:** [Launching XDC on Unocoin](https://blog.unocoin.com/2024/08/12/xdc-is-now-live-on-unocoin-start-trading-today/) encourages greater community engagement and interaction. Traders and enthusiasts can participate in discussions, share insights and collaborate on trading strategies, creating a vibrant and supportive ecosystem. **Innovative use cases:** The XDC Network’s focus on real-world applications such as trade finance and asset tokenization makes it a leader in blockchain innovation. With XDC integration, Unocoin users can explore these cutting-edge use cases and benefit from XDC’s advanced technology. Overall, adding the XDC Network to the Unocoin platform represents a significant advancement in the cryptocurrency space. It combines powerful technology, exciting business opportunities and a supportive community, making it an excellent addition to your business strategy. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** crypto market 2024, Cryptocurrency, Defi, XDC Network --- ### [XDC is now live on Unocoin: Start trading today!](https://blog.unocoin.com/xdc-is-now-live-on-unocoin-start-trading-today/) **Published:** August 12, 2024 **Author:** Unocoin Growth **Content:** The moment you’ve been waiting for is here – the XDC network is now live on Unocoin! This exciting development opens up new opportunities for traders and investors to get involved in one of the most innovative blockchain platforms on the market. With XDC now available on Unocoin, you can start trading and explore the benefits of this advanced technology. The [XDC network](https://unocoin.com/in/exchange/inr/xdc) offers several features that enhance your trading experience. Its high-speed transactions and low fees ensure efficient and cost-effective trading, while its hybrid blockchain architecture provides robust security and scalability. Whether you are an experienced trader or just starting out, XDC’s unique attributes make it an attractive option for diversifying your portfolio. To start trading XDC, log into your Unocoin account and go to the XDC trading section. Here you can explore different trading pairs, track real-time market data and make trades easily. Unocoin’s intuitive interface and comprehensive tools make it easy to get started and maximize your trading experience. [Trade XDC Coin!](https://unocoin.com/in/exchange/inr/xdc) As you dive into XDC trading, consider exploring different use cases and applications. From trade finance to decentralized finance (DeFi), XDC offers a range of options that can enhance your business strategy and investment opportunities. Stay informed about market trends and news so you can make informed business decisions and take full advantage of XDC’s potential. Don’t miss this opportunity to be a part of XDC’s exciting journey on Unocoin. Start trading today and experience the benefits of this cutting-edge blockchain technology for yourself! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto trading, Cryptocurrency, new coin listing, XDC Network --- ### [What is the XDC network? A guide for beginners](https://blog.unocoin.com/what-is-the-xdc-network-a-guide-for-beginners/) **Published:** August 9, 2024 **Author:** Unocoin Growth **Content:** XDC Network is a pioneering blockchain platform that aims to revolutionize the world of trade finance, digital asset management and decentralized finance (DeFi). Built on the XinFin Hybrid Blockchain, XDC combines the best features of public and private blockchains to offer a unique and powerful solution for various financial applications. The core of XDC Network’s innovation lies in its hybrid architecture. This design integrates a public blockchain for transparency and security with a private blockchain for privacy and efficiency. This two-layer approach ensures fast and secure transaction processing, making XDC ideal for high-volume trading and complex financial transactions. One of the main use cases for XDC is trade finance. By leveraging its advanced smart contract capabilities, XDC streamlines trade finance operations and reduces the time and costs associated with traditional processes. This includes automating contract fulfillment, improving document verification and increasing transaction transparency. In addition to trade finance, XDC supports a number of DeFi applications. Its scalability and low transaction fees make it an attractive option for decentralized exchanges, lending platforms and other financial services. With XDC, users can access a wide range of DeFi products and services, expand their investment opportunities and strengthen financial inclusion. For beginners, XDC offers a user-friendly environment with a focus on accessibility and ease of use. Its integration with popular platforms such as Unocoin ensures that new users can easily start trading and investing in XDC. As you explore the XDC network, you will discover its potential to transform traditional financial systems and unlock new opportunities in the digital economy. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Get Ready: XDC Network Coming Soon to Unocoin!](https://blog.unocoin.com/get-ready-xdc-network-coming-soon-to-unocoin/) **Published:** August 8, 2024 **Author:** Unocoin Growth **Content:** Excitement is building as we prepare for the launch of the XDC Network on Unocoin! XDC Network is an advanced blockchain platform designed to optimize trade finance, digital asset management, and decentralized finance (DeFi). Its innovative technology promises to deliver high-speed transactions, scalability, and enhanced security, setting the stage for a new era in blockchain applications. XDC Network stands out with its hybrid blockchain architecture, which combines the strengths of public and private chains. This unique design ensures fast and efficient transactions while maintaining high security and privacy. This means lower transaction costs and improved operational efficiency for businesses and traders. Unocoin, known for its user-friendly platform and comprehensive range of cryptocurrencies, is the perfect venue for XDC Network’s debut. By integrating XDC into its ecosystem, Unocoin will provide its users with access to this cutting-edge technology, enabling them to easily trade and invest in XDC. As the launch date approaches, we encourage you to stay tuned for further updates and prepare to explore the benefits of XDC Network. Whether you’re a seasoned trader or new to cryptocurrency, XDC offers a range of features that can enhance your trading experience. Watch for announcements and be ready to dive into the world of XDC on Unocoin. This launch marks an exciting milestone in blockchain technology, and we can’t wait for you to be a part of it! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development **Tags:** blockchain, Cryptocurrency, New Crypto listing, XDC, XDC Network --- ### [Top 6 Questions to Consider Before Buying Crypto in 2024](https://blog.unocoin.com/top-6-questions-to-consider-before-buying-crypto-in-2024/) **Published:** August 6, 2024 **Author:** Unocoin Growth **Content:** As we enter 2024, the crypto market remains as volatile and unpredictable as ever. The dramatic rise and fall of cryptocurrency values ​​in previous years has caused both excitement and caution among investors. As the market evolves and new opportunities emerge, it’s important to ask yourself the right questions before diving into crypto investing this year. **Question 1: Should you be involved in [cryptocurrency investing](https://unocoin.com/in/exchange/inr/btc) or trading?** Before entering the crypto market, it is essential to understand the difference between investing and trading. Investing involves placing your money in an asset class after thorough research with the goal of long-term growth. This approach requires patience and a deep understanding of the asset’s fundamentals. Trading, on the other hand, focuses on capitalizing on short-term price movements without necessarily understanding the underlying asset. While trading can offer quick returns, it also carries higher risks. Deciding between investing and trading depends on your risk tolerance, time commitment and financial goals. **Question 2: How should one manage their risks in the crypto market?** The inherent volatility of the crypto market requires robust risk management strategies. Factors such as market size, number of participants and regulatory clarity contribute to this volatility. To mitigate risks: - Diversify your portfolio and spread risk across different assets. - Stay informed about trends and news on the market. - Set stop-loss orders to limit potential losses. - Only invest money you can afford to lose. - Implementing these strategies can help protect your investments in a highly unpredictable market. **Question 3: How to set smart cryptocurrency investment goals?** Setting clear and realistic investment goals is critical to success in any asset class, including cryptocurrencies. Your goals can range from funding your retirement to funding your child’s education. In the crypto market, the goals should be: - Measurable: Quantify your goals to track progress. - Specific: Define what you want to achieve and by when. - Achievable: Set realistic expectations based on your financial situation. - Action: Plan the steps needed to achieve your goals. These principles will guide you through the unique challenges of the crypto market. **Question 4: How to choose a cryptocurrency to invest in?** Choosing the right cryptocurrency can be daunting due to market volatility and lack of long-term historical data. To make informed decisions: Go through the project whitepaper to understand its purpose and technology. Research the credibility of the founding team. **Question 5: How to choose a [safe crypto exchange](https://unocoin.com/in/?utm_source=blog&utm_medium=website) to trust & invest your money?** Choosing a trusted crypto exchange is critical, especially in light of incidents like the FTX collapse. To ensure the security of your funds: - Explore the exchange’s transparency and security measures. - Check its order book volumes and liquidity. - Learn about its compliance and geographic location. - Doing thorough due diligence will help you choose a reliable platform for your crypto transactions. **Question 6: What is the crypto tax situation in India?** Understanding the tax implications of crypto investments is essential for Indian investors. As of 2024, virtual digital assets are subject to two primary tax regulations: 30% Tax on Profits: Profits from cryptocurrency trading are taxed at a flat rate of 30%, with no set-off of losses allowed. 1% TDS: Tax deducted at source is applicable on all crypto transactions that can be claimed as a refund at the end of the financial year. Being informed about these regulations will help you plan your investments and effectively manage your tax obligations. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Cryptocurrency, How to Buy Crypto in India, Safe Crypto Exchange --- ### [Technical Analysis & Price Prediction of Pepe](https://blog.unocoin.com/technical-analysis-price-prediction-of-pepe/) **Published:** July 31, 2024 **Author:** Unocoin Growth **Content:** Amid the continued surge in activity in the memecoin market led by established players such as Dogecoin and Shiba Inu, newcomer Pepe has emerged as a major contender, experiencing massive price increases and solidifying its presence in the competitive landscape. The price of Pepe has soared from a low of $0.000007 to around $0.000014, effectively doubling in value at the time of writing before settling above $0.00001. It has been holding above the $0.00001 level for some time and is well-positioned to continue its growth. The [price of Pepe coins](https://unocoin.com/in/exchange/inr/pepe) soared even higher, briefly breaching the critical $0.000017 threshold before undergoing a minor correction to stabilize just above $0.00001. Currently trading just above the 50-day and 200-day EMAs, the technical data suggests mild bullish sentiment for Pepe coin in the short-to-medium term, while long-term optimism remains intact. Currently, Pepe’s price trajectory is venturing into uncharted territory, presenting a dynamic landscape with milestones such as the coveted $0.00002 mark emerging as potential targets by the end of July 2024, indicating the possibility of further upward movement and market expansion. Conversely, in the event of a market decline or correction, Pepe’s price is expected to find potential support at the $0.00001 psychological level, which aligns with the July S1 Fibonacci level and the 200-day EMA. This serves as a pivotal reference point for investors and analysts to assess price dynamics and market sentiment. ### **PEPE Price Forecast 2023-2030** **Pepe Price Prediction July 2024:** During July 2024, the PEPE price is expected to maintain its sideways movement ranging from $0.000009 to $0.000015. This continued consolidation is consistent with previous months and reinforces an extended period of price stability. The market appears to be stuck in a phase of sustained equilibrium, suggesting a collective pause before potential moves. This extended consolidation underscores the importance of careful observation as it lays the groundwork for potential future trajectories. Investors are advised to watch this range closely as it acts as a critical basis for any immediate price action in the coming months. **Pepe Price Prediction August 2024:** As of August 2024, PEPE price remains entrenched within its consolidation phase hovering around the $0.000012 mark. The persistent price stability reflects the extended period following the rebalancing. This extended consolidation indicates the market’s pursuit of balance and stability after earlier volatile swings. Investors witnessing this phase should recognize the importance of continued stability that provides an underlying platform for potential future moves. Adherence to this narrow market range implies cautious sentiment, emphasizing the need for patience and strategic observation. Watching the price in this consolidated range is crucial as it sets the stage for potential future trends. **Pepe September 2024 Price Prediction:** September 2024 represents a potential prelude to “Uptober” in PEPE price action with an expected range between $0.000012 to $0.000015. This period could witness early spikes signalling bullish momentum gearing up for the expected ‘Uptober’ phase. Such early indicators often predict an upcoming uptrend. As market sentiment gradually picks up, investors may see occasional spikes throughout this month, setting the stage for a potentially bullish phase in the coming weeks. Observing these initial movements can offer valuable insights into the trajectory leading to the much-anticipated “Uptober” 2024 phase. **October 2024 Pepe Price Prediction:** October 2024 is historically significant for the crypto market, often marked by an upswing. The PEPE price is expected to range between $0.000016 and $0.000024 this month. As observed in past cycles, the overall crypto market typically experiences a rally during October. This period could witness increased investor activity in line with broader market sentiment. If historical trends repeat, the PEPE price could follow and potentially show a bullish stance at this stage. Monitoring market dynamics and trade volumes can provide basic clues as to how PEPE’s price trajectory aligns with overall market growth, making October a key period for Memecoin’s potential upside. **November 2024 Pepe Price Prediction:** November 2024 could maintain the momentum from the October rally and estimate the price of PEPE in the range of $0.000022 to $0.00003. After the expected surge in the previous month, this period could potentially witness a continuation of the positive sentiment that will translate into sustained Pepecoin price movements. The spillover effect from October’s market rally could boost investor confidence and positively impact PEPE’s price trajectory. Monitoring market indicators and trading volumes during this phase will be key to assessing whether the rally will extend or run into consolidation. Given the potential momentum carryover from the previous bull trend, November holds promise for PEPE. **Pepe Price Prediction December 2024:** December 2024 looks promising for Pepecoin price, with estimates ranging from $0.000025 to $0.000028. Still, considering the potential solid rally between October and November, the following month of December may signal a softening or cooling. The expected range suggests that the market could maintain the bullish trend of previous months, but investors can expect a slowdown as the year draws to a close. December often sees investors take profits or adjust their positions, leading to a likely stabilization or even a slight decline in the price of PEPE after a previous rally, signalling a period of consolidation. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Meme coins, Pepe Coin --- ### [Ethereum Price Prediction: Will ETH Reach $5k in 2024?](https://blog.unocoin.com/ethereum-price-prediction-will-eth-reach-5k-in-2024/) **Published:** July 24, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency market has always been a hotbed of excitement and uncertainty, with Ethereum (ETH) often in the spotlight. As of July 22, 2024, Ethereum is trading at $3,492 with a market cap of $420 billion. As the crypto community buzzes about potential price moves, one question remains: Can Ethereum reach $5,000 by the end of 2024? To answer this question, this article examines Ethereum’s current state, market performance, technical analysis, and future price predictions. ## **Key takeaways** **Current Status:** Ethereum is trading at $3,492, showing resilience after the Ethereum Dencun upgrade. **Market performance:** Ethereum rebounded strongly, supported by positive news on the approval of spot Ethereum ETFs. **Technical Analysis:** Ethereum has broken out of a descending wedge pattern, suggesting a bullish outlook. ## **The current state of Ethereum** Currently, Ethereum is valued at $3,492, with a market cap of $420 billion and a robust trading volume of $15.2 billion in the last 24 hours. Ethereum Dencun Upgrade, despite causing an initial drop in price, showed positive long-term effects. Ethereum has twice approached the $4,000 mark, underscoring its resilience. ### **Market performance** The performance of the Ethereum market recently has been remarkable. Despite the challenges during the market corrections, ETH is showing strong signs of recovery. The approval of spot Ethereum ETFs significantly boosted investor confidence. This positive sentiment, combined with strong trading volume, paints a promising picture for Ethereum. ### **Technical analysis** From a technical perspective, Ethereum has broken out of a descending wedge pattern, a bullish signal. Ethereum is currently trading above both the 50-day and 200-day EMAs, showing potential for further gains. However, it remains below the parallel channel from early June. To restore investor optimism, Ethereum needs to re-enter this channel. ## **[Ethereum Price](https://unocoin.com/in/exchange/inr/eth) Predictions for 2024** In July 2024, Ethereum is expected to trade between $3,500 and $3,750, indicating a potential market correction phase. Technical indicators suggest a minor correction in price, which may reflect a recalibration following recent developments. In August 2024, Ethereum is expected to follow a pattern in the $3,600-$3,800 range. This phase of muted price action may be due to changing market sentiment or a temporary lack of catalysts for significant growth momentum. In September 2024, Ethereum is expected to break out of the consolidation trend and rise to the $4,000-$4,100 range. As ‘Uptober’ approaches, a bullish tide is expected. October 2024, known as “Uptober” in the crypto world, historically marks a period of bullish momentum. Ethereum is expected to trade between $4,500 and $4,900, potentially reaching a new all-time high. In November and December 2024, Ethereum is expected to maintain an upward trend with prices ranging from $4,800 to $5,000. Historical trends indicate periods of strong market performance and increased investor activity during these months. **Outlook (2025-2030)** Looking ahead, Ethereum price is expected to continue its upward trajectory **2025:** Ethereum could reach between $6,000 and $7,000, supported by continued technological progress and market sentiment. **2026-2027:** A potential bear market may cause significant price declines, with Ethereum stabilizing between $3,200 and $3,500. **2028-2030:** Ethereum is expected to grow strongly, potentially surpassing $10,000 by 2029 and reaching new all-time highs above $12,000 in 2030. ### **Ethereum Dencun Upgrade Impact** The Ethereum Dencun Upgrade, implemented in March 2024, greatly influenced the trajectory of Ethereum. Initially causing a 14% drop in price, the long-term benefits of the upgrade include increased scalability and efficiency, attracting more developers and projects to the Ethereum network. #### **Upcoming Ethereum Pectra Upgrade** Launching in Q1 2025, the Pectra Upgrade represents a significant milestone in Ethereum’s development. By introducing features such as clustered transactions and social renewal, Pectra aims to simplify network functions and reduce transaction costs, further cementing Ethereum’s position as the leading platform for decentralized applications (DApps) and smart contracts. **Conclusion:** Ethereum’s growth potential remains high as it continues to evolve and adapt. With positive market sentiment, robust technical indicators, and upcoming technological advancements, Ethereum is well-positioned to potentially reach $5,000 by the end of 2024. Investors should stay informed and consider the dynamic nature of the cryptocurrency market when making investment decisions. By staying up-to-date on Ethereum developments and market trends, investors can make informed decisions and potentially take advantage of Ethereum’s promising future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis --- ### [Understanding Blockchain Smart Contracts: Definition, Benefits and Use Cases](https://blog.unocoin.com/understanding-blockchain-smart-contracts-definition-benefits-and-use-cases/) **Published:** July 22, 2024 **Author:** Unocoin Growth **Content:** Blockchain technology has ushered in a new era of innovation, offering secure, transparent and decentralized solutions across various industries. At the forefront of this technological revolution are smart contracts, digital agreements that are executed automatically when pre-defined conditions are met. These contracts operate on blockchain platforms such as Ethereum, EOS or the Binance Smart Chain, and use the inherent strengths of distributed ledger technology to transform the way agreements are made and enforced. ## What are smart contracts? Smart contracts are self-executing contracts with embedded code that automate and enforce the terms of an agreement between parties. They eliminate the need for intermediaries by allowing direct interaction and transactions between counterparties. Once deployed on the blockchain network, smart contracts ensure transparency, immutability and efficiency in meeting contractual obligations. ## How smart contracts work Smart contracts work through a series of predefined steps **Blockchain platform**: Smart contracts, developed using programming languages ​​supported by blockchain platforms, are deployed on the network as transactions. **Execution conditions:** The contract code specifies the conditions, actions and rules to be executed. **Transaction Trigger:** Users interact with smart contracts by sending transactions to their unique blockchain address. **Consensus and Validation:** Blockchain nodes verify transactions through consensus mechanisms (e.g. Proof of Work) and ensure that they comply with the network’s rules. **Automatic Execution:** Once verified, the contract code will automatically execute and update its status and data in the blockchain’s decentralized ledger. **Immutability and Security:** Once deployed, smart contracts are immutable, tamper-proof, and ensure secure transactions without intermediaries. ## Advantages of smart contracts There are several benefits to adopting smart contracts, **Efficiency:** Automating contract execution reduces reliance on manual processes, streamlines operations, and lowers costs. **Transparency:** Transactions are recorded in a public ledger that provides transparent and auditable records for all parties involved. **Security:** Cryptographic encryption and decentralization increase security and minimize the risk of fraud and manipulation. **Speed:** Automated execution eliminates delays associated with traditional contract processes and enables faster settlement of transactions. ### **Use cases of smart contracts** Smart contracts find application in various industries, **Finance:** Facilitating automatic payments, loan disbursements and insurance claims processing. **Supply Chain:** Optimizing logistics, tracking shipments and managing inventory through automated agreements. **Real Estate:** Automation of real estate transactions, leases and escrow services. **Healthcare:** Ensuring secure and transparent management of patient records and medical data. **Legal:** Allowing self-signed legal agreements, wills and managing intellectual property rights. ### **Future potential and challenges** Looking ahead, smart contracts are poised to further revolutionize industries, **IoT and AI integration:** Enhanced capabilities through integration with Internet of Things (IoT) devices and artificial intelligence (AI) algorithms. **Regulatory Aspects:** Addressing legal and regulatory challenges for widespread adoption and ensuring compliance with existing laws. **Scalability:** Overcoming scalability issues to support a growing number of transactions and applications. In conclusion, blockchain smart contracts represent a transformational leap towards automated, secure and efficient digital agreements. As adoption grows and technology evolves, smart contracts promise to redefine how businesses and individuals engage in contractual relationships, paving the way for a decentralized future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** blockchain, Cryptocurrency, Defi, Smart Contracts --- ### [Market Analysis of Solana (SOL) : Price Predictions & More](https://blog.unocoin.com/market-analysis-of-solana-sol-price-predictions-more/) **Published:** July 19, 2024 **Author:** Unocoin Growth **Content:** Since October 2023, Solana has grown by nearly 750%, making it one of the top five cryptocurrencies by market capitalization. It briefly claimed the third position, excluding stablecoins, surpassing Binance Coin (BNB). - ***Market Sentiment:*** Solan’s recovery closely mirrored Bitcoin’s movements, indicating strong market sentiment and resilience. The fear and greed index is currently at 40 (Fear), but overall sentiment remains bullish. - ***Technical analysis:*** Solana’s price recently broke below the 50-day EMA but found support at the 200-day EMA, indicating potential short- to medium-term concerns. Bullish sentiment is at 79%, with 21% bearish signals. - ***Price Predictions:*** Analysts predict that Solana could reach a new all-time high of around $259, representing an 81% increase from current levels. After breaking $173, target levels are expected to be between $190 and $200. A potential Solana ETF spot approval in the US could push the [price of Solana](https://unocoin.com/in/exchange/inr/sol) up to $1,320, driven by bullish forecasts. ## **Price predictions 2024-2030** **2024:** Expected price range $250 to $350. **2025:** The price may range from $380 to $500 with the potential to peak around $500 before a possible decline. **2026:** A bearish trend is expected with a significant decline, potentially trading between $180-$200. **2027:** A gradual recovery is expected, trading between $330 and $350 by the end of the year. **2028:** A strong uptrend is expected, potentially reaching between $420 and $480. **2029:** Continued upward trajectory with a range of $530 to $550. **2030:** Potential for a full-blown bull run, reaching new highs around $650 to $680 by the end of the year. **Conclusion:** Solano’s outlook remains positive with expectations of continued growth supported by market trends and potential ETF adoption. Investors should carefully monitor technical signals and market developments for trading strategies. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Market Analysis, sol, Solana --- ### [Crypto Trading Order Types: Market, Limit, and Stop Orders for Beginners](https://blog.unocoin.com/crypto-trading-order-types-market-limit-and-stop-orders-for-beginners/) **Published:** July 17, 2024 **Author:** Unocoin Growth **Content:** Understanding the different types of trade orders is essential to navigating the dynamic world of crypto trading. Each order type serves a specific purpose and allows traders to manage risk and effectively exploit market opportunities. This guide examines market orders, limit orders, and stop orders in cryptocurrency trading and offers an overview of when and how to use each type. ### **Explanation of trade order types:** 1. **Market orders:** Market orders instruct brokers or exchanges to execute trades immediately at the best available market price. Uses: Ideal for traders who prioritize speed over price accuracy. Market orders provide immediate execution but may result in slightly different prices in volatile markets. Example: A trader places a market order to buy 1 Ethereum at the current market price of $3,000. The order will be executed immediately at the prevailing market rate. 2. **Limit orders:** Limit orders allow traders to set a specific price at which they are willing to buy or sell an asset. The order will only be executed if the market reaches the specified price or better. Usage: Suitable for traders who prefer price control and are willing to wait for favourable market conditions. It helps minimize slippage and offers precise entry and exit points. Example: A trader sets a limit order to [buy 1 Ethereum](https://unocoin.com/in/exchange/inr/eth) for $2,900. The order will only be executed if the market price reaches or falls below $2,900. 3. **Stop commands**: Stop orders, including stop-loss and stop-limit orders, trigger market orders once a specified price level (stop price) is reached. They are used to limit losses or lock in profits. Uses: Essential for risk management in volatile markets. Stop orders help traders automate sell orders to minimize losses or secure profits at predetermined levels. Example: A trader buys Ethereum at $3,000 and sets a stop-loss order at $2,900. If the price falls to $2,900, the stop order will trigger a sell market order to limit further losses. **Conclusion:** Mastering different trading order types empowers crypto traders to execute strategies precisely and efficiently. Whether aiming for instant execution with market orders, setting price targets with limit orders, or managing risks with stop orders, each type plays a crucial role in shaping Crypto trading outcomes. By understanding and utilizing these order types effectively, traders can navigate the crypto market landscape more confidently and strategically. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** basics of cryptocurrency, Crypto Investments, Cryptocurrency Trading --- ### [Mastering Crypto Scalping Strategies in 2024](https://blog.unocoin.com/mastering-crypto-scalping-strategies-in-2024/) **Published:** July 16, 2024 **Author:** Unocoin Growth **Content:** In the fast-paced world of cryptocurrency trading, mastering the art of scalping can offer significant benefits. Scalping involves capitalizing on small price movements over a short time frame, making it ideal for traders looking to profit from the volatility of the crypto market. This blog explores effective scalping strategies, key technical indicators and essential tips for successful trading in 2024. ## What is Cryptocurrency Scalp Trading? Scalp trading is a high-frequency trading strategy where traders try to profit from short-term price fluctuations. Unlike swing trading, which focuses on longer-term trends, scalp trading involves making multiple trades throughout the day to make small profits. ## Why choose Scalp Trading in 2024? **Profit Potential:** Scalping allows traders to capitalize on rapid price movements and potentially generate consistent profits. **Reduced risk:** Holding positions for a short period minimizes exposure to market volatility and intraday risks. **Enhanced Liquidity:** Scalping is effective in liquid markets where quick trade execution is essential. ## Effective crypto scalping strategies: **Volatility and Liquidity:** Choose cryptocurrencies with high volatility and enough liquidity to execute trades quickly without slippage. **Time frame selection:** Choose short-term charts such as 1-minute or 5-minute intervals to identify rapid price movements suitable for scalping. **Quick Trades:** Execute trades quickly to capture fleeting market opportunities. **Risk Management:** Implement stop-loss orders and maintain a disciplined approach to mitigate the risks associated with frequent trading. ### **Key technical indicators for scalping** **Stochastic Oscillator:** Identifies overbought and oversold conditions and signals potential trend reversals. **Moving Averages:** Helps identify market trends and potential entry/exit points based on short-term and long-term moving averages. **Parabolic SAR:** Signals trend changes and provides entry and exit signals for scalp traders. **Relative Strength Index (RSI):** Measures price momentum and identifies overbought or oversold market conditions. ### **Advantages and Disadvantages of Scalp Trading** **Pros:** Quick profit opportunities, reduced risk overnight, requires minimal capital to start, improves trading discipline. **Disadvantages:** High-stress level, time-consuming due to frequent monitoring, increased trading costs, prone to sudden market reversals. **Scalp Trading vs. Swing Trading:** **Scalp Trading:** Ultra-short, high-frequency trading with multiple trades per day. It focuses on small profit margins from smaller price movements. **Swing Trading:** A longer-term trading strategy of holding positions for days to weeks. It focuses on greater profits by exploiting market trends. **Conclusion:** Mastering crypto scalping strategies in 2024 requires a combination of technical knowledge, disciplined execution and risk management. By using effective strategies and understanding key indicators, traders can navigate the dynamic environment of the crypto market and take advantage of short-term trading opportunities. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Scalping, Crypto trading, Cryptocurrency, scalp Trading --- ### [How To Use The Bollinger Bands Indicator For Cryptocurrency Trading](https://blog.unocoin.com/how-to-use-the-bollinger-bands-indicator-for-cryptocurrency-trading/) **Published:** July 12, 2024 **Author:** Unocoin Growth **Content:** Cryptocurrency trading is characterized by rapid fluctuations and occasional bull runs amid market dips, making it a fertile ground for trading opportunities. Experienced traders in the crypto space rely on technical indicators such as Bollinger Bands (BB), moving averages and RSI to effectively interpret market trends. ## What are Bollinger Bands (BB)? Developed by John Bollinger in the 1980s, Bollinger Bands are a popular technical analysis tool. They assess price volatility, identify potential reversal points and determine entry and exit signals for trades. **The BB indicator contains three bands:** **Mid Band:** Represents the simple moving average (SMA) of the asset’s price over a certain period (typically 20 days), indicating the direction of the trend. **Upper Band:** Calculated by adding two standard deviations to the median band, it represents the upper price range of the asset and acts as resistance. **Lower band:** Calculated by subtracting two standard deviations from the middle band, indicates the lower price range (support level) of the asset. ### Using Bollinger Bands When Trading [Cryptocurrencies](https://unocoin.com/in/?utm_source=blog&utm_medium=website): BB indicators are key in identifying entry and exit points across a variety of trading strategies, from swing trading to long-term investments: Entry points: Traders interpret touching or breaking the lower band as a signal of oversold conditions, indicating a buying opportunity due to a potential price bounce. Exit points: Conversely, when the price approaches or breaks above the upper band, it indicates overbought conditions, prompting traders to consider selling for profit-taking opportunities. --- **Improving trading strategies using Bollinger Bands** **Volatility and price range identification:** Analyze the distance between the upper and lower bands to gauge expected price fluctuations. Wider bands mean increased volatility, while narrower bands mean lower volatility. **Observing overbought and oversold conditions:** BB helps identify extremes in the market: touching the upper band signals potential overbought, while touching the lower band indicates a potential oversold condition. ### **Trading Strategy: Bollinger Bounce and Bollinger Squeeze** **Bollinger Bounce:** Buy when the price bounces off the lower band and sell when it bounces off the upper band. **Bollinger Squeeze:** Identify periods of low volatility (narrowing bands) to predict breakout patterns. **Combining Bollinger Bands with other indicators:** To verify signals, combine BB with tools like RSI for trend reversal and volume analysis to confirm price action. --- **Limitation of Bollinger Bands:** Despite their usefulness, Bollinger Bands have limitations - **Whipsaw Effect:** BB can generate false signals during high volatility or sideways markets. - **Not Standalone:** ​​Should be used in conjunction with other indicators. - **Normal distribution assumption:** This may not apply during periods of extreme volatility. - **Lag Indicator:** Relies on historical data and potentially delays timely signals. **Conclusion:** While Bollinger Bands provide valuable insights for cryptocurrency trading strategies, prudent traders use them in conjunction with other indicators and use risk management techniques to effectively navigate market risks. This release is tailored to highlight the practical application of Bollinger Bands in cryptocurrency trading, in line with Unocoin’s focus on providing informative and actionable content for traders. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Bollinger Bands, Cryptocurrency, trading crypto, Trading Strategy --- ### [Top Cryptos to Watch This Week July](https://blog.unocoin.com/top-cryptos-to-watch-this-week-july/) **Published:** July 10, 2024 **Author:** Unocoin Growth **Content:** Top cryptos to watch in this week, When the US Federal Reserve announced that it would leave interest rates unchanged on June 12, the price of Bitcoin fell and other altcoins followed suit. However, several altcoins bucked the trend and saw their prices rise slightly. In this blog, we look at the cryptocurrencies that have performed well and are worth watching this week. ### 1. [Toncoin](https://unocoin.com/in/exchange/inr/ton) (TON): Toncoin (TON) serves as the native digital currency for a decentralized layer 1 blockchain originally developed by messaging platform Telegram in 2018. Originally launched as the “Telegram Open Network”, the project transformed when Telegram pulled out and the TON Foundation, an independent community took over and renamed it “The Open Network”. Toncoin (TON), formerly known as Gram, is the native Top Crypto on this network. Toncoin (TON) price on WazirX today is 759.996 INR. According to CoinMarketCap, the 24-hour trading volume is $332,196,486, with a circulating supply of 2,432,982,023 TON and a market cap of $18,958,745,668. [Trade Toncoin!](http://unoco.in/app?utm_source=blog&utm_medium=website) Toncoin’s recent price surge can be attributed to several key factors. First, Total Value Locked (TVL) on the TON blockchain has more than doubled recently to over $600 million, driven by significant gains in top protocols such as DeDust. This is indicative of growing confidence and activity within the TON ecosystem. In addition, Telegram’s integration with TON greatly boosted its adoption and leveraged Telegram’s massive user base to popularize games and digital payments with earnings. Strategic partnerships such as investments from Pantera Capital and collaboration with Tether have further boosted investor confidence and contributed to Toncoin’s recent upswing in market performance. ### 2. [Uniswap](https://unocoin.com/in/exchange/inr/uni) (UNI): Uniswap is a prominent decentralized trading protocol that facilitates automated trading of decentralized finance (DeFi) tokens. UNI, the governance token of the Uniswap platform, allows users to vote on major improvements to the protocol and is one of the largest cryptocurrencies by market capitalization. Launched in November 2018, Uniswap was one of the first DeFi services to gain significant momentum on Ethereum. Despite the launch of many other decentralized exchanges (DEX), Uniswap has remained the most popular by a significant margin. Uniswap (UNI) price on WazirX today is INR 981.00. According to CoinMarketCap, the 24-hour trading volume is $255,185,206, with a circulating supply of 599,957,295 UNI and a market cap of $6,559,046,868. [Trade UniSwap!](http://unoco.in/app?utm_source=blog&utm_medium=website) The rise in Uniswap (UNI) prices can be attributed to several technical and market factors. On June 12, UNI bounced off a key support level, initiating a classic reversal that led to a five-day streak. In that period, UNI gained more than 37% even as other Top cryptos struggled. The rally was further supported by a break of the UNI above the neckline of an inverted head and shoulders pattern, which is a bullish signal in technical analysis. The breakthrough spurred renewed investor interest and contributed to UNI’s strong performance. ### 3.[ Tron](https://unocoin.com/in/exchange/inr/trx) (TRX): Tron is a blockchain-based company that debuted in 2017. At the time, it did not aim to support advances in network design or cryptography, instead adopting existing features such as delegated Proof-of-Stake (DPoS) consensus, smart contracts, tokens, and decentralized applications (dApps). This approach allowed Tron to focus more on user experience and design. Tron gained more attention in 2018 when the Tron Foundation, the non-profit development organization behind Tron, bought BitTorrent, a P2P content-sharing platform. [Trade Tron!](http://unoco.in/app?utm_source=blog&utm_medium=website) Tron (TRX) price on WazirX today is 10.4611 INR. According to CoinMarketCap, the 24-hour trading volume is $303,843,846, with a circulating supply of 87,275,891,711 TRX and a market cap of $10,206,352,777. Tron’s price increase can be attributed to its proactive steps to optimize power consumption through a proposed update to the Tron Virtual Machine (TVM) opcodes, detailed in TIP-653. This initiative focuses on the SUICIDE and VOTEWITNESS opcodes to ensure that power consumption reflects actual resource usage and addresses potential issues such as unfair resource modelling and susceptibility to DDoS attacks. The proposal highlights Tron’s commitment to a democratic and community-driven approach to improving the protocol. Despite potential backwards compatibility concerns, the modifications are expected to enhance the overall efficiency and security of the protocol and strengthen Tron’s reputation as an innovative blockchain leader. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Market Analysis, News **Tags:** Cryptocurrency, Market Analysis, Ton, top cryptos, Tron, Uniswap --- ### [Understanding Polkadot Coin: A Beginner's Guide](https://blog.unocoin.com/understanding-polkadot-coin-a-beginners-guide/) **Published:** July 8, 2024 **Author:** Unocoin Growth **Content:** Polkadot, like many cryptocurrencies developed after Bitcoin, functions as a tradable token on trusted crypto exchanges and as a decentralized protocol. The goal of this blog is to help you understand this next-generation blockchain protocol and how it works. # What is Polkadot? [Polkadot](https://unocoin.com/in/exchange/inr/dot) is a next-generation blockchain protocol designed to integrate multiple blockchains into a single network. Launched to decentralize the web, it gives control to individual users rather than internet monopolies. Essentially, the goal of the protocol is to create a global network of computers that run a primary blockchain on which individuals can run their own blockchains. Dr. Gavin Wood, one of the founders of Ethereum and author of the Solidity smart contract programming language, is an important figure behind Polkadot. Co-founder Robert Habermeier is a prominent member of the Rust programming language community. it builds on the concepts of earlier blockchain networks like Ethereum and Cardano. Why create a new blockchain protocol when platforms like Ethereum already exist? Polkadot’s creators believe that no single blockchain can serve all purposes efficiently and at scale. Dot connects different blockchains, each offering different services. So Polkadot can theoretically support any project or service you can imagine. ## How does Polkadot work? The key components of Polkadot are the Relay Chain, Parachains and Bridges. 1. **Relay chain:** Relay Chain is Polkadot’s primary blockchain where transactions are verified. To increase speed, Polkadot separates the process of adding new transactions from the verification process. Relay Chain uses a variant of Proof-of-Stake (PoS) consensus called Nominated Proof-of-Stake (NPoS). This allows DOT (native Polkadot token) staking users to act as: **Validators:** Validate transactions, participate in consensus, and vote on network proposals. **Nominators:** Secure the Relay Chain by selecting trusted validators and assigning their staked DOT tokens to them. **Collators:** Maintain transaction history on parachains and send data to the Relay Chain for verification. **Fishermen:** Monitor the network and report suspicious activities to validators. 2. **Parachains:** Parachains are independent blockchains running on Relay Chain, each serving a specific purpose and using Relay Chain resources to verify transactions. Parachains have their own spawners responsible for producing blocks. Polkadot plans to have a limited number of parachains with potential for expansion. 3. **Bridges:** Bridges are special parachains that connect other blockchains to those in the Polkadot ecosystem. They enable seamless token transfers between Polkadot and other networks such as EOS, Cosmos, Ethereum and Bitcoin without the need for a centralized exchange. ### **Advantages of Polkadot over other blockchains** **Scalability and speed:** Unlike first- and second-generation blockchains that struggle with transaction speed, Polkadot’s parallel processing through parachains and validators greatly increases network speed. **Specialization:** Polkadot does not need to develop a single chain for all services. Different parachains may specialize in different services, such as file storage, decentralized identity management, or stablecoin payments. **Interoperability:** Polkadot parachains can communicate and cooperate with each other, enabling the transfer of tokens and the exchange of information, like a financial services parachain interacting with an oracle chain providing real-world data. **Governance:** The Polkadot community manages the network in a decentralized manner. As governance shifts to users, community suggestions will improve the network, making it flexible and user-driven. **Easy upgrades:** Polkadot allows upgrades without hard forks, which prevents the network from splitting like Bitcoin Cash. The network is designed to improve gradually through frequent updates. #### **Polkadot Faces Challenges** **The complexity of architecture:** Polkadot’s complex architecture can be intimidating for newcomers as it requires advanced technical knowledge to understand and implement compared to simpler blockchain platforms. **Scalability and interoperability testing:** As a newer blockchain, the scalability and interoperability of Polkadot have not been fully tested at scale, raising questions about its long-term performance, security, and ability to handle growing numbers of users and transactions. #### **Is a dot a good investment?** Polkadot has the potential to revolutionize blockchain with its interoperability and scalability, competing with giants like Bitcoin and Ethereum. The network is expected to attract innovative projects and new use cases for decentralized networks and cryptocurrencies. The DOT token has a strong market position and reinforces Polkadot’s reputation. So an investment in Polkadot could be promising. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** basics of cryptocurrency, dot, polkadot --- ### [How Bitcoin Halving Affects the Crypto Market?](https://blog.unocoin.com/how-bitcoin-halving-affects-the-crypto-market/) **Published:** July 5, 2024 **Author:** Unocoin Growth **Content:** Satoshi Nakamoto, the pseudonymous creator of Bitcoin and author of the Bitcoin Whitepaper, explained Bitcoin Halving: “The total circulation will be 21,000,000 coins. It will be distributed to network nodes when they make blocks, with the amount halving every 4 years. First 4 years: 10,500,000 coins. Next 4 years: 5,250,000 coins. Next 4 years: 2,625,000 coins. Next 4 years: 1,312,500 coins, etc.” Bitcoin goes through a process called “halving” every four years, when the rewards for mining new blocks are cut in half. This is done to control inflation and limit the total supply of Bitcoin to 21 million coins. This is why the crypto community is eagerly anticipating this momentous event, which often creates market speculation and price volatility along with the anticipated bull run. **About Bitcoin Halving** The bitcoin network creates new bitcoins every ten minutes. In its first four years of existence, 50 new bitcoins were released every 10 minutes. This number is halved every four years, known as “halving” or “halving”. The number of new bitcoins released every 10 minutes dropped from 50 in 2012 to 25 in 2013. It further dropped from 25 to 12.5 in 2016. Additionally, the reward was reduced from 12.5 in 2016 to 6.25 per block in the last halving on May 11, 2020. After the halving in 2024, the reward will decrease from 6.25 BTC to 3.125 BTC. Despite previous halvings, the future remains unpredictable, which has always contributed to bullish sentiment in the crypto market. ## **Bitcoin Halving Impact on the Crypto Market and Investors** [Bitcoin halving](https://blog.unocoin.com/2024/04/20/understanding-bitcoin-halving-significance-mechanisms-and-impacts/) is a critical event for the crypto market and investors as it directly affects the dynamics of cryptocurrency supply leading to significant market impacts. Historically, halving events have been associated with significant price movements. With a reduced supply of new bitcoins entering circulation, existing demand may drive prices higher. However, the market reaction is not always immediate. There may be periods of increased volatility as the crypto community adjusts to the new supply constraints. In the short term, halving events often creates a speculative frenzy. Investors may rush to buy bitcoins in anticipation of rising prices, driven by the belief that reduced supply will naturally lead to higher prices. This increase in demand can temporarily push prices down until they reach a level that discourages new investors and restores the balance between buyers and sellers. In the medium to long term, the effects of the halving may be more stabilizing. A reduced rate of new Bitcoin creation can lead to a higher market cap and more liquidity as more users enter the market. This increased adoption may solidify Bitcoin’s role as a valuable digital asset, potentially making it more attractive to crypto market stakeholders. In addition, the introduction of financial products such as Bitcoin ETFs (Exchange-Traded Funds) amplified the impact of the events by half. ETFs provide a more affordable means for investors to gain exposure to Bitcoin without actually buying and holding the cryptocurrency. Overall, Bitcoin halving events tend to positively impact the crypto market and support a deflationary environment that can increase its appeal as an investment. Investors should consider these factors when planning their strategies, recognizing that while short-term volatility is possible, the long-term outlook often includes higher valuations and increased market stability. **Bitcoin halving and investment behaviour** **Anticipating [Bitcoin price](https://unocoin.com/in/exchange/inr/btc) changes:** Savvy investors keep a close eye on halving events that can significantly affect the price of Bitcoin. They can adjust their buying or selling plans to capitalize on anticipated price movements. **Position of portfolio before halving:** Many investors try to position their portfolios advantageously before the halving event. Some are increasing their bitcoin holdings, betting that reduced supply will drive prices higher. **Diversification strategy:** Some investors diversify into alternative cryptocurrencies or stablecoins to hedge against the uncertainty of price movements. This strategy helps manage risk and ensures a more balanced portfolio. **Increase in trading volume:** In the months leading up to the halving, trading volume increases as investors move their assets. This activity reflects increased market exposure and speculative trading. **Monitoring market sentiment and indicators:** Savvy traders closely monitor market sentiment and technical indicators. These signals are used to decide when to enter or exit positions to achieve optimal timing. **Long-term investment strategies:** Long-term investors can strengthen their “hodling” strategy and hold their bitcoins through volatility. They assume that reduced supply will lead to an increase in value over time. **Strategic adjustments based on analysis:** Investors often analyze historical data and market trends to inform their strategies. This analysis helps predict potential outcomes and shape investment decisions accordingly. By understanding this behaviour, investors can better navigate the dynamics of Bitcoin halving events and make informed decisions to maximize their returns. **Prepare for the upcoming Bitcoin halving in 5 ways** Preparing for the next half requires active market engagement rather than passive observation. Here are the actionable steps for you: *Educate Yourself:* Explore resources that explain halving in detail and understand the “what” and “why” behind the process. *Monitor the Market:* Monitor Bitcoin’s performance and see how altcoins react during these periods. Analyze historical patterns from previous halving cycles to gain insight. *Adjust your portfolio:* Before splitting in half, consider diversifying or rebalancing your portfolio. Anticipate volatility and look for potential buying opportunities based on historical trends. *Connect with the community:* Join online crypto forums and social media groups for real-time statistics and sentiment analysis. *Plan for different scenarios:* Develop strategies for different potential halving outcomes. Think about how each scenario could affect the market and plan your responses accordingly. By taking these steps, you can quickly and strategically respond to the changes caused by the Bitcoin halving, potentially improving your investment results. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** bitcoin, Bitcoin Halving, Bitcoin Halving 2024, Cryptocurrency --- ### [The Role of Cryptocurrencies in Achieving Financial Goals](https://blog.unocoin.com/the-role-of-cryptocurrencies-in-achieving-financial-goals/) **Published:** July 3, 2024 **Author:** Unocoin Growth **Content:** The field of finance is undergoing a transformational shift and cryptocurrencies are emerging as a revolutionary tool to achieve financial goals. Whether you’re seeking financial independence, accumulating wealth, or looking for ways to diversify your investments, cryptocurrency offers many opportunities. ## **Understanding the basics of cryptocurrencies** Before you start exploring how cryptocurrencies can help you achieve your financial goals, it’s important to understand the basics. Cryptocurrency, a digital or virtual asset, operates on decentralized networks based on blockchain technology. Unlike traditional assets, cryptocurrencies are not regulated by any central authority, offering users autonomy over their financial transactions. ## [**Diversification and risk management**](https://blog.unocoin.com/2023/10/11/altcoin-analysis-the-pros-and-cons-of-diversifying-your-crypto-portfolio/) Incorporating cryptocurrencies into your financial strategy offers significant benefits, primarily diversification. Traditional investment portfolios typically consist of stocks, bonds, and real estate. Adding cryptocurrencies can help spread risk and potentially increase returns. Because crypto markets operate independently of traditional financial markets, they can serve as a hedge against market volatility and economic uncertainty. ## **Accumulation and appreciation of wealth** Cryptocurrencies have gained considerable attention for their potential to generate significant returns over time. Bitcoin, the pioneering cryptocurrency, has seen unprecedented growth, with early adopters witnessing exponential appreciation of their holdings. While past performance does not guarantee future results, investing in promising cryptocurrencies can provide a path to wealth accumulation, especially for those with a long-term investment horizon. ### **Accessibility and inclusivity** Unlike traditional financial systems, which can exclude certain demographics due to geographic or socioeconomic barriers, cryptocurrencies offer unparalleled accessibility and inclusivity. With just an internet connection and a smartphone or computer, individuals around the world can participate in crypto markets, seamlessly transact and access financial services. This democratization of finance empowers individuals who were previously marginalized or underserved by traditional banking systems. ### **Financial independence and sovereignty** One of the most compelling aspects of cryptocurrencies is their potential to provide users with financial independence and sovereignty. By removing intermediaries such as banks or payment processors, individuals can exercise greater control over their financial assets and transactions. Additionally, the pseudonymous nature of blockchain technology provides users with a level of privacy and anonymity that is often lacking in traditional financial systems. ### **Earning opportunities in the crypto economy** In addition to investment and speculation, the developing crypto economy offers countless earning opportunities. From mining and staking to participating in decentralized finance (DeFi) protocols and non-fungible token (NFT) marketplaces, there are countless ways to generate income within the crypto ecosystem. In addition, the gig economy is witnessing a shift, with freelancers and remote workers increasingly opting for cryptocurrency payments for greater efficiency and lower transaction costs. ### **Alleviation of inflation and currency devaluation** In an era marked by unprecedented monetary stimulus measures and inflationary pressures, cryptocurrencies serve as a hedge against currency devaluation and loss of purchasing power. With limited supplies and predetermined issuance schedules, cryptocurrencies like Bitcoin are immune to the whims of central banks and government policies that can erode the value of fiat currencies. Allocating a portion of your portfolio to cryptocurrencies can help preserve wealth in the face of inflationary headwinds. ### **Navigating regulatory and security aspects** While the potential benefits of cryptocurrencies are undeniable, it is essential to navigate the regulatory environment and take robust security measures to protect your assets. Regulatory frameworks vary by jurisdiction, and keeping abreast of evolving regulations is critical to ensuring compliance and mitigating legal risks. Additionally, securing your cryptocurrency holdings can increase the use of best practices such as using hardware wallets, implementing multi-factor authentication, and practicing vigilance against phishing attacks. **Conclusion:** Cryptocurrencies have proven to be a powerful tool for individuals who want to achieve their financial goals in today’s digital age. Whether your focus is on diversifying your investment portfolio, accumulating wealth, or achieving financial independence, cryptocurrency offers unprecedented opportunities for growth and empowerment. By understanding the basics, embracing innovation and being prudent, individuals can harness the transformative potential of cryptocurrencies to unlock a better financial future. Before embarking on your journey into the world of cryptocurrencies, do your thorough research and educate yourself about the risks and opportunities involved. While cryptocurrencies offer exciting prospects for financial empowerment, they are also subject to market volatility, regulatory changes and technological risks. This content does not constitute financial advice and individuals should consult a qualified financial advisor before making any investment decisions. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** basics of cryptocurrency, crypto 2024, Financial Services, Growth --- ### [Why Dogecoin could be a smart investment for Indians in 2024?](https://blog.unocoin.com/why-dogecoin-could-be-a-smart-investment-for-indians-in-2024/) **Published:** July 1, 2024 **Author:** Unocoin Growth **Content:** Bitcoin and Ethereum are usually the top choices for crypto investors and traders, but another cryptocurrency in the meme coin category is gaining significant traction. Any guesses? Yes, we are talking about Dogecoin (DOGE) taking the crypto space by storm in 2021. Launched in 2013, Dogecoin reached its all-time high in 2021 thanks to Elon Musk’s influence, making it a notable contender in the crypto market. Despite its reputation for volatility and speculative nature, Dogecoin has the potential as a smart investment for Indians in 2024. Let’s explore why. # About Dogecoin Dogecoin, the first memecoin, was created in 2013 by IBM software developer Billy Markus and Adobe programmer Jackson Palmer. It started as a low-cost alternative to Bitcoin and Ethereum and has become the 8th largest cryptocurrency by market capitalization. Inspired by projects like Litecoin and Lucky Coin, Dogecoin works as an open-source, peer-to-peer crypto. It uses mining to verify transactions, with records stored in a publicly accessible ledger. Unlike Bitcoin’s limited supply, Dogecoin’s supply is unlimited, with around 10,000 new tokens generated every minute. ## [Dogecoin price](https://unocoin.com/in/exchange/inr/doge) history Dogecoin’s price remained stable for seven years, from December 2013 to December 2020. In January 2014, Dogecoin’s trading volume briefly surpassed that of Bitcoin and all other cryptocurrencies combined. The lowest price was recorded on May 6, 2015, at $0.0000869. Following the overall trends in the cryptocurrency market, Dogecoin experienced a brief surge in early 2018 before beginning to decline. In January 2021, its value increased by 339% to $0.032642 after tweets from Elon Musk. On May 8, 2021, Dogecoin reached its all-time high of $0.682. Buy Doge Coin ### Key reasons why DOGE can be a smart investment 1. **Volatility:** Dogecoin’s significant volatility is a double-edged sword. While this can lead to substantial profits, it also comes with risks. Influencers like Elon Musk can dramatically affect its price with a single tweet, creating opportunities for quick profit. 2. **Influencers:** Nicknamed the “Dogefather,” Elon Musk has had a profound impact on the price of Dogecoin through his endorsements on social media. Relying on an individual’s influence, however, introduces uncertainty about its future value. 3. **FOMO and Public Influence:** The Fear Of Missing Out (FOMO) May Drive Investors To Dogecoin. The hype around this often leads to impulsive investments. Thorough research and analysis of price movements and technical indicators can help make informed decisions. 4. **Understanding its intrinsic value:** Determining the intrinsic value of Dogecoin is challenging. Unlike traditional assets with clear metrics, Dogecoin’s value depends on market sentiment and external influences. ### Dogecoin price prediction for 2025 **CoinCodex:** Forecasts a price range of $0.106937 to $0.543979 by 2025, indicating significant potential growth. **Changelly:** It estimates a minimum price of $0.2968 and a maximum price of $0.3448, indicating stable growth. **Techopedia:** Forecasts a high of $0.55, a low of $0.16 and an average of $0.3, reflecting steady but limited growth. ### Usefulness and future prospects Initially dismissed as a joke, Dogecoin has gained acceptance as a payment method. Payment processors like BitPay and Coinbase now support Dogecoin and enable transactions for goods and services. Big brands like Gamestop, Airbnb, and Tesla have integrated Dogecoin, boosting its mainstream utility. Elon Musk’s move to recognise Twitter as a money services company could further integrate Dogecoin into the financial ecosystem. This integration could facilitate peer-to-peer transactions and potentially expand the use of Dogecoin beyond social media. ### Is Dogecoin a good investment in 2024? While some consider Dogecoin a short-term speculative asset, its growing adoption and optimistic expert predictions suggest that it could be a valuable long-term investment. Diversifying portfolios and allocating small amounts to cryptocurrencies can help mitigate risks. ### How to invest in Dogecoin in India? Register with a [trusted crypto exchange](http://unoco.in/app?utm_source=blog&utm_medium=website) like Unocoin that supports Dogecoin to invest in Dogecoin. Always do thorough due diligence before investing considering the volatile nature of cryptocurrencies. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Exploring the Path to $2 Polygon (MATIC)](https://blog.unocoin.com/exploring-the-path-to-2-polygon-matic/) **Published:** June 27, 2024 **Author:** Unocoin Growth **Content:** As Polygon (MATIC) navigates dynamic market conditions, investors are eager to understand its potential trajectory. Here’s a comprehensive overview of MATIC’s price predictions for 2024 and beyond, offering a look at its path to the $2 milestone and beyond. ## **Current polygon status (MATIC)** As of April 26, 2024, [Polygon’s MATIC price](https://unocoin.com/in/exchange/inr/matic) is at $0.72, with a market cap of $7.1 billion and a circulating supply of 9.89 billion MATIC tokens. Despite recent bullish momentum, sentiment remains bearish, with the Fear-Greed Index at 74 (Greed) and volatility at 14.6%. ### **Market performance and technical analysis** During 2023, the price of MATIC showed muted price movement, but in 2024 there were signs of recovery when MATIC tested the critical level of $1 twice. However, the recent correction from $1.2 led to cautious sentiment, with MATIC moving above the S3 Fibonacci level at $0.68. Technical indicators present a mixture of bullish and bearish signals with potential consolidation near critical Fibonacci levels. ### **Price predictions for MATIC** In April 2024, the price of MATIC is expected to range between $0.8 and $1, with support at $0.8 and resistance at $1. Traders should closely monitor price movements for breakouts or collapses and adjust their strategies accordingly. Corrective phases may occur in the coming months, with MATIC possibly dropping to $0.7 in May and moving between $0.55 to $0.65 in June. [BUY MATIC ON UNOCOIN](http://unoco.in/app?utm_source=blog&utm_medium=website) ### **The long-term outlook for MATIC** After 2024, MATIC’s bullish trajectory continues, with projections ranging from $2.5 to $3 by the end of 2024. In the coming years, MATIC may reach new highs, potentially surpass $4 by 2025, and maintain a range of $5 to $5 by 2030. 75 dollars. #### **Conclusion: Potential growth opportunities for MATIC** Despite market volatility, Polygon (MATIC) remains positioned for potential growth opportunities in 2024 and beyond. While uncertainties remain, technical indicators point to a continuation of the uptrend. However, market sentiment and external factors can cause volatility, requiring adaptability in trading strategies. With its strong fundamentals and growing ecosystem, MATIC holds promise for investors looking for long-term growth potential. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Matic Price, Polygon, Price prediction --- ### [Crypto Landscape Top Trends and Predictions for 2024](https://blog.unocoin.com/crypto-landscape-top-trends-and-predictions-for-2024/) **Published:** May 21, 2024 **Author:** Unocoin Growth **Content:** Cryptocurrencies remain one of the most dynamic and fastest-growing sectors in the financial world. As we enter 2024, several trends and predictions are poised to shape cryptocurrency. From advances in blockchain technology to regulatory changes and the rise of new financial products, this year promises significant developments. Let’s explore the main trends and predictions of the cryptocurrency market in 2024. 1. ### Increased adoption of central bank digital currencies (CBDCs) Central Bank Digital Currencies (CBDCs) have been a hot topic for several years, and 2024 is likely to be a key year for their development and adoption. Countries such as China, which is at the forefront of its digital yuan, are expected to move from pilot stages to wider implementation. Other countries, including the Eurozone and the United States, are likely to make significant progress with their CBDC projects. CBDCs promise to increase the efficiency of monetary transactions, reduce costs and provide a counterweight to the decentralized nature of cryptocurrencies such as Bitcoin. But they also raise questions about privacy and state control of financial transactions that will continue to be debated in political circles. 2. ### The Rise of Decentralized Finance (DeFi) 2.0 Decentralized Finance, or DeFi, has revolutionized the financial industry by enabling financial services without intermediaries. In 2024, we expect DeFi 2.0 to emerge, building on the initial success of DeFi applications and offering a more robust, secure and user-friendly solution. DeFi 2.0 aims to address the scalability, security, and usability issues that plagued early DeFi projects. Improved smart contracts, better liquidity management and interoperability between blockchain platforms will drive this next wave. Additionally, as traditional financial institutions begin to explore and integrate DeFi solutions, we can expect to see a blending of decentralized and centralized financial models. 3. ### Expansion of non-functional tokens (NFTs) Non-fungible tokens (NFTs) have exploded into mainstream awareness over the past few years and their growth shows no signs of slowing down in 2024. While NFTs initially gained fame through digital art and collectables, their applications are expanding into various industries including gaming, music, real estate and even intellectual property rights. We expect to see more sophisticated uses of NFTs, such as tokenized assets in the physical world, digital identities and certificates of authenticity. In addition, NFT marketplaces and platforms will continue to evolve to offer more affordable and secure ways to trade and manage NFTs. 4. ### Enhanced Privacy and Security Measures With the growing adoption of cryptocurrencies, privacy and security are paramount. In 2024, we predict significant advances in cryptographic techniques and blockchain protocols aimed at increasing user privacy and security. Technologies such as zero-knowledge proofs (ZKP) and multi-party computation (MPC) will come to the fore, allowing transactions to be verified without revealing sensitive information. Cryptocurrencies and privacy-focused solutions such as Monero and Zcash will also see improvements, making them more attractive to privacy-conscious users. 5. ### Regulatory development and institutional acceptance Regulation will play a key role in shaping the crypto landscape in 2024. Governments and regulators around the world are grappling with how to manage the rapid growth of the crypto sector while protecting consumers and maintaining financial stability. Expect more comprehensive regulatory frameworks that provide clearer guidelines for cryptocurrency operations. This could include stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, as well as clearer definitions of digital assets. Institutional adoption of cryptocurrencies will also accelerate as regulatory clarity improves. Large financial institutions, hedge funds and corporations are likely to increase their exposure to cryptocurrencies, further legitimizing the market and driving mainstream adoption. 6. ### Growth of layer 2 solutions and interoperability Scalability has long been a challenge for blockchain networks like Ethereum, where high transaction fees and slow processing times prevent widespread adoption. In 2024, they will get second-layer solutions that work on top of existing blockchain networks to increase their performance. Technologies such as rollups, sidechains, and state channels will improve transaction speed and reduce costs, making blockchain applications more practical for everyday use. Additionally, the interoperability protocols that allow different blockchains to communicate and interact seamlessly will become more sophisticated and foster a more connected and efficient blockchain ecosystem. 7. ### Sustainable and green cryptocurrencies Environmental concerns surrounding the energy consumption of cryptocurrencies, particularly Bitcoin, have been a major point of contention. In response, 2024 is likely to see the rise of sustainable and green cryptocurrencies that prioritize energy efficiency and environmental sustainability. Projects using Proof-of-Stake (PoS) mechanisms, which are less energy-intensive than traditional Proof-of-Work (PoW) models, will gain more attention. In addition, initiatives to offset carbon footprints and integrate renewable energy into mining operations will become increasingly prevalent. 8. ### Integration of AI and Blockchain The integration of artificial intelligence (AI) and blockchain technology is set to unlock new possibilities in 2024. AI can enhance blockchain applications by improving data analysis, automating smart contracts, and strengthening security measures through advanced algorithms. We can expect to see more AI-driven blockchain platforms that offer predictive analytics, fraud detection, and autonomous decision-making capabilities. This combination of technologies will not only make operations more efficient, but also open new avenues for innovation in various industries. 9. ### Rise of Crypto Payment Solutions As cryptocurrency adoption grows, so will the infrastructure for crypto payments. In 2024, we predict a significant increase in the number of merchants and service providers accepting cryptocurrencies as payment. Payment processors and fintech companies will continue to develop and improve solutions that make it easier for businesses to integrate crypto payments. This will include the creation of more user-friendly wallets, improved security features and seamless conversion between cryptocurrencies and traditional fiat currencies. 10. ### Continued innovation in blockchain use cases In addition to financial services, blockchain technology is being explored for a wide range of from supply chain management and healthcare to voting systems and intellectual property rights. In 2024, we expect to see continued innovation in these areas, with blockchain solutions being deployed to address real-world challenges. For example, blockchain can enhance transparency and traceability in supply chains, ensuring the authenticity of products and ethical sourcing. In healthcare, blockchain can secure patient data and streamline the sharing of medical records. These innovative applications will drive further adoption and investment in blockchain technology. ## **Conclusion** The cryptocurrency landscape in 2024 is set to be shaped by a combination of technological advancements, regulatory developments, and broader adoption across various sectors. From the rise of CBDCs and DeFi 2.0 to the expansion of NFTs and sustainable cryptocurrencies, the trends highlighted here represent just a glimpse of what lies ahead. As the market continues to mature, it is crucial for investors, developers, and enthusiasts to stay informed about these trends and adapt to the ever-changing environment. The future of cryptocurrency is bright, and 2024 promises to be a year of significant growth and transformation in this exciting field. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, News **Tags:** crypto trends, Cryptocurrency, trading crypto --- ### [Exploring Render (RNDR) Price Prediction 2024](https://blog.unocoin.com/exploring-render-rndr-price-prediction-2024/) **Published:** June 24, 2024 **Author:** Unocoin Growth **Content:** In the dynamic world of cryptocurrencies, Render Token (RNDR) has caught the attention of investors with its promising trajectory. Let’s dive into the predictions of RNDR’s price movements in 2024 and beyond to get an overview of its potential growth. ## **Overview of RNDR prices for May 2024** RNDR has shown a robust bullish trajectory since early May 2024, breaking past highs and approaching year-to-date milestones. With bullish sentiment in the market and strong buying pressure, the price of RNDR is poised for further upward movement. ### **Technical Analysis and Forecasts for [RNDR](https://unocoin.com/in/exchange/inr/rndr)** Technical indicators signal an upward trajectory for RNDR with the potential to break key resistance levels once the R3 Fibonacci pivot is breached. Crucial price levels to watch include $15 to $20, which represent psychological resistance levels. On the other hand, $10 serves as a significant support level. ### **RNDR price predictions for June 2024** In June 2024, RNDR is expected to maintain its upward momentum with prices in the $15-$17 range. Traders should anticipate sustained buying pressure driving the RNDR towards the upper end of the forecast range. #### **RNDR price predictions for July 2024** In July 2024, the price of RNDR is expected to trade between $17 and $19, continuing the increase from the previous month. While technical indicators may signal stability, market sentiment could contribute to an extended consolidation. #### **RNDR price predictions for August 2024** August 2024 may witness RNDR sustaining a range move that will hover between $24-$25. Traders should remain alert for new models or market developments during this period. #### **RNDR price predictions for September 2024** September 2024 could bring stronger bullish sentiment for RNDR, with prices in the $30-$35 range. As excitement builds around market trends, RNDR may experience increased buying pressure and bullish momentum. [TRADE RENDER NOW ](https://unocoin.com/in/exchange/inr/rndr) #### **RNDR price predictions for October 2024** October 2024 is poised for significant gains, with RNDR prices rising between $40 and $44. Traders should strategically position themselves to benefit from potential price swings and market dynamics. #### **RNDR price predictions for November and December 2024** In November 2024, RNDR may continue its upward trajectory with prices ranging from $45 to $51. December 2024 could close the year with prices of $47 to $49, while maintaining a positive outlook. #### **Long-term RNDR price forecasts** Looking beyond 2024, RNDR is poised for sustained growth, with prices hovering between $75 and $129 by 2030. Factors such as the growing adoption of decentralized rendering services and advances in blockchain technology contribute to this bullish outlook. #### **Conclusion: Potential revival for RNDR in 2024** Despite market fluctuations, RNDR remains positioned for a potential recovery in 2024. With its innovative technology and growing adoption, RNDR holds promise for investors. While uncertainties remain, cautious optimism prevails among analysts, suggesting that RNDR may rise again in 2024. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** blockchain, Cryptocurrency, Defi, Render token, trading crypto --- ### [Top 5 Dominant Layer 1 Blockchains in 2024](https://blog.unocoin.com/top-5-dominant-layer-1-blockchains-in-2024/) **Published:** May 31, 2024 **Author:** Unocoin Growth **Content:** As of 2024, the top 5 Layer 1 (L1) blockchains by dominance are generally ranked based on their market capitalization, user adoption, and the robustness of their ecosystems. Here are the top five: [**Bitcoin (BTC)**](https://unocoin.com/in/exchange/inr/btc) **Market Cap:** Bitcoin remains the largest blockchain by market cap, often accounting for 40-50% of the cryptocurrency market. **Use Case:** Primarily store of value and medium of exchange. **Ecosystem:** While smart contract capabilities are limited compared to other blockchains, Bitcoin’s security and decentralization make it the most trusted. [**Ethereum (ETH)**](https://unocoin.com/in/exchange/inr/eth) **Market Cap:** Ethereum has consistently held the second position in terms of market capitalization. **Use Case:** The leading platform for decentralized applications (dApps) and smart contracts. **Ecosystem:** It boasts a large ecosystem with thousands of dApps, DeFi protocols, NFTs and more. The transition to Ethereum 2.0 (Proof of Stake) improved its scalability and sustainability. **BNB Chain (formerly Binance Smart Chain, BSC)** **Market Capitalization:** The BNB chain is consistently in the top five by market capitalization. **Use Case:** Hosts various dApps with a focus on providing cheaper and faster transactions compared to Ethereum. **Ecosystem:** Powered by Binance, one of the largest cryptocurrency exchanges, resulting in strong support and extensive integration. [**Solana (SOL)**](https://unocoin.com/in/exchange/inr/sol) **Market Cap:** Solana is a major contender, often ranked in the top ten cryptocurrencies by market cap. **Use Case:** Known for high throughput and low transaction costs, making it ideal for dApps, DeFi and NFT. **Ecosystem:** Growing rapidly with numerous projects and high-profile partnerships despite some technical challenges and outages. [**Avalanche (AVAX)**](https://unocoin.com/in/exchange/inr/avax) **Market Cap:** Avalanche is consistently at the top by market cap. **Use Case:** Focuses on high performance and low latency, suitable for dApps and financial primitives. **Ecosystem:** Contains a unique consensus mechanism (Avalanche consensus) and offers strong interoperability with other blockchains via subnets. These Tier 1 chains dominate due to their robust ecosystems, innovative technologies and strong community support. Their positions may change based on technological advances, market trends and adoption rates. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development **Tags:** Bitcoin Crypto, Cryptocurrency, top cryptos --- ### [2024 Vision The Future of Web3 and Blockchain Technology](https://blog.unocoin.com/2024-vision-the-future-of-web3-and-blockchain-technology/) **Published:** June 21, 2024 **Author:** Unocoin Growth **Content:** In the ever-evolving Web3 and blockchain landscape, 2024 is poised to be a pivotal year that will bring transformative trends that will redefine technology and digital finance. From the integration of AI with blockchain to the adoption of NFTs by established brands, this year promises to revolutionize how we interact with decentralized systems. ### AI-Blockchain Integration: Transforming Digital Systems The integration of artificial intelligence and blockchain is set to revolutionize various digital systems, offering increased efficiency, scalability and security. This convergence will impact industries such as supply chain management and healthcare, streamlining operations and unlocking innovative capabilities. ### Web2 Tokens Receiving Web3 Using[ NFT](https://blog.unocoin.com/2024/02/28/nfts-in-trading-exploring-the-intersection-of-non-fungible-tokens-and-market/) Established brands are leveraging blockchain integration through non-functional tokens (NFTs), creating innovative loyalty programs and reaching new audiences in the Web3 world. By offering unique digital collectables, brands are increasing customer engagement and exploring new revenue streams. ### GameFi recovery and evolved gameplay GameFi, the intersection of gaming and DeFi, is experiencing a resurgence as developers combine tokenomics with game design to create compelling experiences that earn money. By incorporating financial incentives and immersive gameplay, GameFi is revolutionizing the gaming landscape and redefining monetization models. ### NFTs Beyond Collectibles: Authentication Tools NFTs are moving beyond their role as collectables to become indispensable authentication tools for digital objects, impacting industries dependent on provenance and intellectual property rights. ### [DeFi’s impact](https://blog.unocoin.com/2024/04/12/exploring-defi-unlocking-opportunities-in-decentralized-finance/) on traditional finance Decentralized finance (DeFi) continues to disrupt traditional financial services, especially in developing economies, by offering greater access and financial autonomy without intermediaries. ### Regulatory transformation and CBDC Financial institutions are focusing on central bank digital currencies (CBDCs) and blockchain interoperability to increase transparency and consumer protection. Regulatory frameworks and pilot projects carried out by various countries indicate a surge in CBDC development. ### L2 solutions for scaling blockchain efficiency Layer 2 (L2) solutions significantly increase blockchain throughput, and promise greater efficiency and scalability, while reducing transaction costs. The upcoming launch of various L2 solutions is expected to catalyze blockchain adoption across industries. In conclusion, 2024 holds great promise for Web3 and blockchain with transformative trends reshaping the digital landscape. From the integration of artificial intelligence to the adoption of NFTs and the resurgence of GameFi, the future of technology and digital finance looks incredibly promising. With the regulatory advances and efficiencies offered by L2 solutions, the next year promises innovation, availability and better security in the Web3 space. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** Blockchain Technology, Cryptocurrency, Future of Web3, Web3 --- ### [Unlocking Toncoin's Potential In Crypto](https://blog.unocoin.com/unlocking-toncoins-potential-in-crypto/) **Published:** June 19, 2024 **Author:** Unocoin Growth **Content:** Amid bullish market sentiment, Toncoin is currently trading at $7.55, a significant increase from its recent all-time high of $7.63. With a market cap of $18.3 billion and a circulating supply of 2.43 billion TON, Toncoin is showing robust market performance. Over the past seven days, the price of Toncoin has shown a positive trend with a 7.3% increase, reflecting the growing investor interest and confidence in the cryptocurrency. # **Technical analysis:** Technical indicators suggest a bullish outlook for [Toncoin price](https://unocoin.com/in/exchange/inr/ton), with 96% of indicators supporting further price appreciation. The coin has shown resistance to corrections, finding support near key levels such as the 50-day exponential moving average and the R1 Fibonacci pivot for June 2024. This indicates Toncoin’s potential to withstand market volatility and continue its upward trajectory. ## [**TON price predictions:**](https://unocoin.com/in/exchange/inr/ton) Analysts anticipate continued growth in the Toncoin price, with TON price forecasts targeting $7.9 and $9 by the end of June 2024. This projection is supported by Toncoin’s recent price performance and positive market sentiment, which could lead to further gains shortly. **Prospects:** With a promising outlook and strong fundamentals, Toncoin represents an attractive investment opportunity for traders and investors. As the price of TON continues to cycle through market fluctuations, the ability of the price of TON to maintain its upward momentum and break through key resistance levels will be critical in determining its future growth trajectory. ### **Toncoin Price Prediction 2024-2030** **2024:** This year, Toncoin could reach a level between $21 and $23, reflecting its sustained upward momentum. **2025:** Toncoin price is expected to rise to levels between $43 and $47 due to optimism and market acceptance. **2026:** The price may stabilize in the $22-$25 range after a period of bullish momentum. **2027:** Expectations range from $32 to $36, with renewed bullish sentiment and increased investor interest. **2028:** Toncoin price is poised to reach new highs, ranging from $51 to $52, supported by continued market adoption. **2029:** A rise to levels between $65 and $67 is expected, reflecting strong bullish momentum. **2030:** Toncoin could potentially climb to $90 or higher, marking a significant milestone in its growth trajectory. [BUY TON COIN!](https://unocoin.com/in/exchange/inr/ton) **Conclusion:** As Toncoin continues to chart its course in the cryptocurrency market, investors remain optimistic about its potential for further growth. With solid fundamentals, positive market sentiment, and bullish technical indicators, Toncoin presents a compelling investment opportunity for those looking to capitalize on the evolving crypto landscape. In short, Toncoin’s journey to unlock its full potential is underway, and with strategic insights and prudent decision-making, investors can position themselves to reap the rewards of its future success. [How To Buy Bitcoin In India?](https://blog.unocoin.com/2021/01/11/how-to-buy-bitcoin-in-india/) Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Altcoins, Cryptocurrency, MEMECOINS, TONCOIN --- ### [Pepe’s Whale Interest Skyrockets](https://blog.unocoin.com/pepes-whale-interest-skyrockets/) **Published:** June 17, 2024 **Author:** Unocoin Growth **Content:** Pepe Price is gearing up for 100x gains in the upcoming altcoin season. The meme coin market has seen a strong recovery due to increased buying demand in the cryptocurrency market. As the price of Bitcoin aims to rise above $65,000, Pepecoin is headed sharply towards its previous all-time high. However, as the rally slows, analysts are beginning to worry about the possibility of a pullback. # Interest of Pepe’s whales is Increasing. Pepe, the meme coin, now has a market cap of $4.6 billion. Over the past 24 hours, its trading volume has increased to $3.6 billion, reflecting growth of more than 2%, despite market fluctuations. According to CoinMarketCap, Pepe is ranked 23rd in the crypto market. This current uptrend around the new ATH is expected to continue for several days due to increased trading activity. According to data from IntoTheBlock, large transactions for Pepe rose from a low of 134 txs to 728 txs, triggering an increase of over 443%. This strengthened buying sentiment around each support line. ## Bearish Pullback Option. Despite this, the volatility metric has not increased as it continues to fall towards 125%. This could create opportunities for a bearish pullback from the recent high. Pepe coin’s recent surge highlighted the whale’s significant gain. Using the address 0xe7d0, the whale accumulated $13.9 million in three months. From December 2023 to February 2024, this whale invested 1.56 million USDT to get 1.40 trillion PEPE. ## Unbelievable $PEPE profits. They recently sold 140.4 billion PEPE for 1.75 million DAI, recouping their initial investment as the coin reached an all-time high today. The address now holds 1.26 trillion PEPE, currently worth $13.9 million, representing a net profit. If the address decides to liquidate all stakes, we may see a strong rejection of the Pepe price, leading to a sudden drop. ## **What’s next for [Pepe Price](https://unocoin.com/in/exchange/inr/pepe)?** Pepe’s price is currently witnessing an increase in bearish pressure after witnessing a sell-off around the recent high of $0.0000116. The price is trying to break below the EMA20 trendline to confirm a clear trend. At the time of writing, Pepe is trading at $0.0000102, down more than 1.5% in the last 24 hours. Buyers are trying to keep the price above the 20-day EMA ($0.00001). If successful, the PEPE/USDT pair can go as high as $0.0000116. This is a key level for the bears to defend as a rise above it could pave the way for overhead resistance to rise between $0.000015 and $0.000017. Conversely, a break and close below the $0.00001 to $0.000008 support zone will complete the bearish pattern. The pair could then drop to strong support at $0.0000055. With the RSI level falling sharply towards the midline, the bears currently have the advantage of dominating the price chart. In the 1-hour time frame, Pepe’s long/short ratio has surged and is currently trading at 1.1839. This suggests that more than 54% expect an upward turn. At the time of writing this blog. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Altcoin Season, Cryptocurrency, Meme Coins 2024, Pepe Coin --- ### [9 Best Altcoins to Buy Now in June 2024](https://blog.unocoin.com/9-best-altcoins-to-buy-now-in-june-2024/) **Published:** June 14, 2024 **Author:** Unocoin Growth **Content:** ## What is an altcoin? An Altcoin is any cryptocurrency other than Bitcoin. These alternative coins were developed to offer features or capabilities that differ from the original design of Bitcoin. **Common examples include:** Ethereum, Ripple, Cardano, Solana Etc. During the altcoin season, these tokens experience significant price increases, often outperforming Bitcoin. This usually happens when investors seek potentially higher returns by diversifying their crypto holdings away from Bitcoin. > **Discover other cryptocurrencies with high potential** ## **Top 9 Altcoins to Buy – June 2024** **Ethereum (ETH) –** Overall the best altcoin to buy Market cap: $463.33 billion Price: $3,700.99 (-2.13%) Ethereum is the best altcoin to buy in June 2024 due to its innovation, widespread use cases and strong community. As the leading smart contract platform, Ethereum powers many decentralized applications (dApps) and decentralized finance (DeFi) projects, making it indispensable in the crypto ecosystem. Recently approved Ethereum ETFs encourage increased investment and adoption. These ETFs provide new avenues for institutional investors and increase the flow of capital into Ethereum. Experts predict a supply shock in the coming months. Additionally, its move to Proof-of-Stake (PoS) consensus through Ethereum 2.0 improves scalability and energy efficiency, cementing its position as a top investment choice. [BUY ETHEREUM](https://unocoin.com/in/exchange/inr/eth) --- **Binance Coin (BNB)** – Best for integrated exchange features Market cap: $103.82 billion Price: $684.59 (-2.97%) Binance Coin is one of the best altcoins to invest in due to its strong integration with the Binance Exchange, the largest global cryptocurrency trading platform. BNB offers significant benefits such as reduced trading fees, access to an exclusive token sale through the Binance Launchpad, and cashback on Binance Visa purchases. Its extensive ecosystem and consistent adoption make it a durable investment choice. The market resilience and liquidity of BNB are supported by its use on the Binance Smart Chain (BSC), which supports a wide range of dApps and DeFi projects. BNB has surpassed Ethereum regarding unique addresses, showcasing its growing user base and robust community support. The coin’s integration into the Binance ecosystem ensures continued relevance and utility, making it a prime candidate for investors looking for stability and growth. [BUY BINANCE COIN](https://unocoin.com/in/exchange/inr/bnb) --- **Chainlink (LINK)** – Oracle’s best network Market cap: $10.21 billion Price: $16.42 (-5.01%) Chainlink is a top altcoin to invest in right now, thanks to its innovative Oracle technology and widespread adoption. As the leading decentralized network, Oracle Chainlink securely connects smart contracts with real-world data, improving the functionality of blockchain applications in various sectors. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and recent partnerships with major firms such as BlackRock highlight its growth and utility. Its strong community, market resilience and expanding use cases make it a robust investment. With tokens trading at $16.42, Chainlink shows strong bullish momentum and significant future potential. [BUY CHAINLINK](https://unocoin.com/in/exchange/inr/link) --- **Solana (SOL)** – Best for high-speed transactions Market cap: $79.52 billion Price: $162.58 (-4.60%) Solana is known for its fast transaction speed and low fees. The network can handle over 2,000 transactions per second, which typically cost less than $0.001 per transaction, significantly surpassing Ethereum’s 30 transactions per second. The Solana ecosystem is rapidly expanding to support various applications such as DeFi, non-fungible tokens (NFTs) and games. Solana’s robust infrastructure and strong community acceptance make it a compelling investment. Over the past year, Solana’s price has increased by +753.26%, underscoring its market resilience and high yield potential. [BUY SOLANA](https://unocoin.com/in/exchange/inr/sol) --- **Avalanche (AVAX)** – Best for customizable blockchain networks Market cap: $14.41 billion Price: $33.52 (-7.31%) Avalanche is one of the best altcoins to buy right now due to its advanced technology and expanding ecosystem. Known for its Avalanche Consensus, it offers high transaction speed and energy efficiency. This layer 1 blockchain supports customizable blockchain networks, making it ideal for decentralized applications and smart contracts. AVAX’s strong community and robust infrastructure increase market resilience and liquidity. Recent price trends show significant gains that reflect positive market sentiment. Its innovative platform and growing adoption across the DeFi and NFT sectors make it a compelling investment. [BUY AVALANCHE](https://unocoin.com/in/exchange/inr/avax) --- **RIPPLE (XRP)** – Best for cross-border payments Market cap: $29.15 billion Price: $0.501 (-3.82%) XRP is one of the best altcoins for 2024 due to its efficiency in cross-border payments. Ripple’s On-Demand Liquidity (ODL) uses XRP to facilitate instant and cheap international money transfers. This makes XRP the leader in the remittance market, attracting banks and financial institutions worldwide. In addition, Ripple’s launch of USD-backed stablecoins on the XRP Ledger will increase liquidity and introduce new use cases, enhancing the utility of XRP. These developments, combined with strong market performance and significant adoption of XRP, make it a compelling investment this year. [BUY RIPPLE](https://unocoin.com/in/exchange/inr/xrp) --- **Dogecoin (DOGE)** – The best meme coin Market cap: $23.61 billion Price: $0.149 (-7.09%) Dogecoin has a strong community and wide acceptance. As the original meme coin, Dogecoin boasts significant market liquidity and resilience. It continues to attract attention for its active community and use in tipping and charitable giving. Despite the recent death of Kabosu, the Shiba Inu that inspired the Doge meme, Dogecoin remains the best choice for meme coin enthusiasts. Its consistent market performance and humorous origins set it apart from other cryptocurrencies. [BUY DOGECOIN](https://unocoin.com/in/exchange/inr/doge) --- **Cardano (ADA)** – Best for robust security Market cap: $16.37 billion Price: $0.450 (-1.37%) Cardano is known for its robust security and innovative technology. It uses a PoS consensus mechanism called Ouroboros that ensures secure and energy efficient operation. Cardano’s ongoing development, including the recent Voltaire upgrade, aims to make the network fully decentralized and self-sustaining, reducing regulatory risks and enhancing long-term stability. Cardano’s strong community and adoption in dApps and NFTs contribute to its resilience and market liquidity. Its integration with various blockchains and focus on real-world use cases position it as a versatile and promising investment. [BUY CARDANO](https://unocoin.com/in/exchange/inr/ada) --- **Tron (TRX)** – Best for decentralized entertainment Market cap: $10.04 billion Price: $0.112 (-1.66%) Tron aims to decentralize the web, providing a platform for content creators to publish without intermediaries, thereby ensuring greater profits and control. Its high throughput and scalability make it ideal for streaming, gaming and social media applications. Tron’s strong community and constant innovation, such as partnerships with BitTorrent, increase its resilience and market liquidity. Efficient and cheap transactions make the network highly attractive to developers and users. [BUY TRON](https://unocoin.com/in/exchange/inr/tron) Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** Best AltCoins, Crypto investors, crypto market 2024, Top Cryptocurrencies --- ### [Shiba Inu (SHIB) Could See a 300% Surge in 2024](https://blog.unocoin.com/shiba-inu-shib-could-see-a-300-surge-in-2024/) **Published:** June 12, 2024 **Author:** Unocoin Growth **Content:** Shiba Inu (SHIB) has once again captured the attention of the crypto world with its recent price movements. As a dog-themed meme coin, SHIB has seen a remarkable increase in value, especially after the Bitcoin ETF-inspired rally. Investors are now speculating whether Shiba Inu can reach the $0.0001 mark by May 2024. ### **SHIB price analysis** SHIB’s recent performance has been remarkable. After the [Bitcoin ETF](https://blog.unocoin.com/2024/01/10/a-comprehensive-guide-to-bitcoin-etfs/) rally in March, [Shiba Inu’s price](https://unocoin.com/in/exchange/inr/shib) soared 390%. According to CoinGecko, SHIB was trading around $0.00002573 during European hours, down 3.6% in the last 24 hours, but up 6.6% in the last week. ### **Market movements and influences** One major development for SHIB is its inclusion in the [MEMECOIN](https://unocoin.com/in/exchange/inr/meme) index by MarketVector, a subsidiary of VanEck. Despite the drop in daily trading volume, the price of SHIB continues to rise. In addition, Coinbase Futures announced support for SHIB perpetual futures starting May 30, 2024, indicating growing institutional interest in the meme coin. #### **Technical analysis and market sentiment** Shiba Inu is currently forming an ascending triangle pattern, indicating strong investor interest and accumulation. If this pattern holds, SHIB could potentially push higher and rise 32% with a target of around $0.000036. The coin is trending well above its 50-day and 200-day simple moving averages, which is a bullish signal. However, despite the gradual increase in prices, SHIB’s 24-hour trading volume decreased by 40%, according to CoinGecko. Investor sentiment remains bullish, with 74% of users bullish on SHIB, while 26% are bearish. Key resistance points for SHIB are around $0.000029, $0.000026 and $0.000041, while strong support is present at the current price level of $0.000025. #### **Future outlook and predictions** The Shiba Inu’s foundations are robust, supported by a large community and growing institutional interest. SHIB’s recent addition to Coinbase Futures and its listing on Nexo, a leading centralized crypto exchange, highlights the coin’s transition from mere meme to a major player in the DeFi space. The launch of VanEck’s MEMECOIN index with SHIB further indicates growing investor interest. Several cryptanalysts are predicting imminent leaks for SHIB. For example, Ali Martinez suggests a 20% upside if SHIB crosses $0.000025. These predictions are in line with the overall bullish sentiment around SHIB. #### **Technical indicators and resistance levels** Shiba Inu has shown remarkable performance since the end of February 2024, peaking with a nearly 300% increase in March. The price rose from below $0.00001 to nearly $0.00004 before a minor correction, currently trading below $0.00003. The price recently broke a descending triangle pattern, which could represent near-term obstacles. To resume its upward trajectory, SHIB needs to break the psychological resistance level at $0.00003. Currently, SHIB is about 300% down from its previous all-time high of $0.000089. Psychological barriers within these levels may offer resistance, while the range from $0.000019 to $0.00002 could serve as support, closely related to the May 2024 S1 Fibonacci level. **Long-term price forecasts** 2024: Analysts predict that SHIB could trade between $0.00008 and $0.0001 by the end of the year. 2025: SHIB may reach a high of $0.000165 to $0.000195. 2026-2030: SHIB is expected to follow an upward trajectory with potential highs of $0.00075 to $0.00082 by 2030. ##### **Conclusion** The Shiba Inu has demonstrated its resilience and potential for significant growth. Despite its origins as a meme coin, SHIB has established itself as a formidable player in the crypto market. As we move into 2024, investors are closely [watching SHIB’s price movements](https://blog.unocoin.com/2023/05/24/know-your-shiba-inu-price-predictions-history-analysis-uses-of-shiba-inu/), anticipating further growth and potential breakouts. With strong fundamentals and growing institutional interest, the Shiba Inu could indeed reach new heights in the coming months. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency, Meme Coins 2024, Shiba Inu Analysis, Shiba Inu Price Prediction, technical analysis --- ### [Impact of BlackRock's Ethereum ETF approval on Ethereum prices](https://blog.unocoin.com/impact-of-blackrocks-ethereum-etf-approval-on-ethereum-prices/) **Published:** June 10, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency market is abuzz with anticipation following news of BlackRock’s impending approval of an Ether ETF. This milestone could significantly affect the price of [Ethereum](https://unocoin.com/in/exchange/inr/eth) (ETH), with some experts predicting a significant rally. Let’s dive into the potential effects and the underlying factors driving these expectations. ## Historical Context: [Bitcoin ETF Approval](https://blog.unocoin.com/2024/03/04/navigating-the-bitcoin-etf-landscape/) The precedent set by the approval of the Bitcoin ETF earlier this year offers valuable insights. When the first [Bitcoin](https://unocoin.com/in/exchange/inr/btc) ETFs were approved in January, the price of Bitcoin soared from $42,000 to over $73,000 in just two weeks. This dramatic increase was supported by increased buying activity and market optimism. Ethereum, the second largest cryptocurrency by market capitalization, is now on a similar trajectory. ## Expected market reaction QCP Capital predicts a 60% rally for [Ethereum after ETF approval](https://blog.unocoin.com/2024/05/25/sec-approves-ethereum-etfs-and-marks-a-significant-regulatory-shift/). This projection is in line with the market reaction seen during the launch of the Bitcoin ETF. If Ethereum were to mirror this trend, its price could jump significantly from current levels. An expected increase in institutional and retail buying activity is a major factor behind this expected increase. ### Increased shopping activity Recent reports from CryptoQuant highlight a remarkable increase in buying activity. In a single day, spot market holders bought more than 100,000 ETH, the highest daily level since September 2023. This increase in buying interest is a clear indicator of positive market sentiment and growing investor confidence. ### Institutional Interest and Futures Trading Institutional interest in Ethereum is also growing. Open interest in ether-tracked futures reached a record $14 billion, representing 67% of Bitcoin’s open interest. This unusual level of engagement underscores Ethereum’s growing appeal as a viable investment asset. In addition, the Chicago Mercantile Exchange reported a record notional volume of $2.85 billion in ether futures, reflecting increased institutional participation. ### Market volatility and risks While the approval of the BlackRock Ether ETF is poised for a significant recovery, the market remains inherently volatile. Recent moves such as the transfer of 62,000 ETH to exchanges indicate potential price volatility in the short term. High exchange flows usually correlate with increased price volatility, which calls for caution among traders and investors. ### Regulatory barriers and staking The approval process was not without problems. Six issuers, including BlackRock, have updated their ether ETF proposals to remove staking plans, a move likely to address regulatory concerns. Staking, which involves locking up cryptocurrency to support blockchain operations in exchange for rewards, is considered a form of passive income among cryptocurrency traders. Currently, annualized returns on Ether bets are close to 3%, which adds another layer of complexity to the regulatory landscape. ### Conclusion: A New Era for Ethereum BlackRock’s potential approval of an Ether ETF could herald a new era for Ethereum, driving its price to unprecedented heights. The predicted 60% recovery, driven by increased buying activity, institutional interest and market optimism, underscores the transformative impact of ETF approval on the cryptocurrency market. However, investors should remain vigilant given the inherent volatility and potential regulatory issues. As Ethereum navigates these dynamic waters, the cryptocurrency community will be watching closely, ready to take advantage of the opportunities this pivotal moment presents. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Market Analysis **Tags:** Cryptocurrency Investment, Ethereum ETF, ethereum price prediction --- ### [Top Cryptocurrency Categories by Market Cap in 2024](https://blog.unocoin.com/top-cryptocurrency-categories-by-market-cap-in-2024/) **Published:** June 5, 2024 **Author:** Unocoin Growth **Content:** As of 2024, the cryptocurrency market is diverse and can be divided into several major sectors, each with a significant market capitalization. Here are the main categories of cryptocurrencies by market capitalization: # **A keeper of value** Primary example: [Bitcoin](https://unocoin.com/in/exchange/inr/btc) (BTC) Description: Cryptocurrencies are primarily used as a digital store of value, similar to digital gold. These assets are valued for their scarcity, safety and acceptance as a store of wealth. # **Smart contract platforms** Primary examples: [Ethereum](https://unocoin.com/in/exchange/inr/eth) (ETH), Binance Smart Chain (BNB), [Solana](https://unocoin.com/in/exchange/inr/sol) (SOL), [Avalanche](https://unocoin.com/in/exchange/inr/avax) (AVAX), [Cardano](https://unocoin.com/in/exchange/inr/ada) (ADA) Description: Blockchains that provide a decentralized platform for executing smart contracts and decentralized applications (dApps). These platforms enable many use cases including DeFi, NFT and more. # **Stablecoins** Primary examples: [Tether](https://unocoin.com/in/exchange/inr/usdt) (USDT), [USD Coin](https://unocoin.com/in/exchange/inr/usdc) (USDC), [Binance USD](https://unocoin.com/in/exchange/inr/busd) (BUSD), Dai (DAI) Description: Cryptocurrencies are designed to maintain a stable value by being pegged to a fiat currency such as the US dollar. They are widely used for trading, remittances and as a safe harbour during market volatility. # **Decentralized Finance (DeFi) Tokens.** Primary examples: [Uniswap](https://unocoin.com/in/exchange/inr/uni) (UNI), [Aave](https://unocoin.com/in/exchange/inr/aave) (AAVE), [Maker](https://unocoin.com/in/exchange/inr/mkr) (MKR), [Compound](https://unocoin.com/in/exchange/inr/comp) (COMP) Description: Tokens associated with DeFi protocols that offer financial services such as borrowing, lending and trading in a decentralized manner, without intermediaries. # **Exchange Token** Primary examples: [Binance Coin](https://unocoin.com/in/exchange/inr/bnb) (BNB), [OKB](https://unocoin.com/in/exchange/inr/okb) (OKB), Huobi Token (HT). Description: Tokens issued by cryptocurrency exchanges. These tokens often provide users benefits such as discounted trading fees, management rights, and sometimes a share of the exchange’s revenue. # **Privacy coins** Primary examples: Monero (XMR), [Zcash](https://unocoin.com/in/exchange/inr/zec) (ZEC), [Dash](https://unocoin.com/in/exchange/inr/dash) (DASH) Description: Cryptocurrencies that focus on providing enhanced privacy and anonymity features. They use various techniques to hide transaction details and protect users’ identities. # **Game and Metaverse Tokens** Primary examples: [Decentraland](https://unocoin.com/in/exchange/inr/mana) (MANA), [Axie Infinity](https://unocoin.com/in/exchange/inr/axs) (AXS), [The Sandbox](https://unocoin.com/in/exchange/inr/sand) (SAND), [Enjin Coin](https://unocoin.com/in/exchange/inr/enj) (ENJ) Description: Tokens used within blockchain-based games and virtual worlds. These tokens often represent in-game assets, and virtual land, or can be used for transactions within the game ecosystem. # **Utility tokens** Primary examples: [Chainlink](https://unocoin.com/in/exchange/inr/link) (LINK), [Filecoin](https://unocoin.com/in/exchange/inr/fil) (FIL), [VeChain](https://unocoin.com/in/exchange/inr/vet) (VET) Description: Tokens that provide access to a product or service within the blockchain ecosystem. They often play a role in the operation of the network, for example when paying for services or as an incentive for participants. These categories highlight the diverse applications and utility of cryptocurrencies beyond mere speculation, showing their role in finance, technology, privacy, entertainment and beyond. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** Defi, Market Cap, privacy coins, Stable Coin, Top Cryptocurrencies --- ### [SEC Approves Ethereum ETFs and marks a significant regulatory shift](https://blog.unocoin.com/sec-approves-ethereum-etfs-and-marks-a-significant-regulatory-shift/) **Published:** May 25, 2024 **Author:** Unocoin Growth **Content:** The US Securities and Exchange Commission (SEC) has taken a major step to launch eight exchange-traded funds (ETFs) tied to ether, the world’s second largest cryptocurrency. The move follows the earlier approval of Bitcoin ETFs and includes major financial players such as BlackRock, Fidelity, Invesco and Ark Invest. The SEC has approved rule changes that encourage ETF investments in ether, the native cryptocurrency of the Ethereum blockchain. However, a second round of approval is required before these products can be officially launched on the market. Anticipation of these approvals has significantly boosted the price of Ether, which is up more than 20% since Monday and more than 60% year-to-date. The development marks a significant regulatory shift for the SEC, which has been silent on the issue for several months. On Monday, the SEC provided feedback to issuers and exchanges on pending applications, prompting a flurry of revisions and paperwork. According to Bloomberg Intelligence, the SEC faced deadlines to respond to requests for ether ETFs from VanEck and Ark. In a statement on Thursday, Invesco and Galaxy, a digital asset group, emphasized the importance of this approval: “This is a key step in offering access to Ethereum through an ETF structure that will offer US investors easier access, greater protection and guarantees. We hope this approval indicates the SEC’s willingness to approve the marketing of these products.” Katherine Dowling, general counsel of Bitwise Asset Management, expressed surprise at the positive development: “I think most of us have resigned ourselves to the unapproved order coming to the ground.” The timeline for a second round of SEC approval, which is necessary before the ETF can launch, remains unclear. SEC Chairman Gary Gensler explained his cautious stance on crypto investment products during Thursday’s Investment Company Institute conference. He cited numerous cases of fraud in the crypto industry, including the high-profile case of FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison for financial misconduct. “It has to do with rampant non-compliance with US law,” Gensler said. “It has to do with scams and fraud. This is a field where some of the leading figures are either now in prison, awaiting prison or awaiting extradition.” Last year, the SEC lost a court battle with Grayscale Investments to turn its flagship bitcoin trust into an ETF. Following that decision, the SEC, albeit reluctantly, approved Grayscale’s bitcoin product and ten other new ETFs to market earlier this year. This latest move by the SEC to consider ethereum ETFs represents a significant regulatory shift and could pave the way for broader adoption and integration of digital assets in traditional financial markets. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, News **Tags:** crypto market 2024, Ethereum ETF, Ethereum ETF approval --- ### [New Coin Listing Axelar, Memecoin and Pixels On Unocoin](https://blog.unocoin.com/new-coin-listing-axelar-memecoin-and-pixel-on-unocoin/) **Published:** May 15, 2024 **Author:** Unocoin Growth **Content:** In the ever-evolving world of blockchain technology and cryptocurrency, innovation knows no bounds. Three distinct projects – Axelar, Memecoin and Pixels – each with their own unique value proposition, have caught the attention of enthusiasts and investors alike. Now, with their listing on Unocoin for trading, these projects are poised to unlock new opportunities and reshape the landscape of decentralized finance. Let’s dive into the intricacies of Axelar, Memecoin and Pixels and explore how they are revolutionizing the blockchain space. ## [Axelar](https://unocoin.com/in/exchange/inr/axl?utm_source=blog&utm_medium=website): Unlocking the potential of cross-chain communication Axelar is at the forefront of blockchain innovation, pioneering solutions for seamless cross-chain communication. Axelar allows token holders to stake their AXL tokens through the use of battle-verified proof-of-stake consensus, participating in network management and earning rewards. Unlike traditional cross-chain bridges, Axelar’s General Message Passing (GMP) feature enables liquidity composition and computation across blockchains, supporting a truly programmable cross-chain layer. With the recent listing of Axelar on Unocoin, traders and investors now have the opportunity to participate in the growth and development of the network. As Axelar continues to expand its ecosystem and partner with leading blockchain projects, its native AXL token is poised for greater adoption and utility. ### Memecoin: Riding the Wave of Meme Coin Mania In the ever-fun realm of meme coins, Memecoin has become a pioneer and captured the imagination of crypto enthusiasts around the world. With its meme-inspired branding and innovative approach, Memecoin has gained significant attention since its inception. Binance’s recent announcement of the trading launch of Memecoin further boosted its popularity and generated anticipation among traders and investors. Memecoin’s journey from a $0.001 pre-sale token to being listed on Unocoin marks a remarkable evolution in the meme coin space. While price predictions indicate a potential upward trajectory, it is imperative that investors exercise caution and do thorough research before plunging into meme coin investments. ### [Pixels](https://unocoin.com/in/?utm_source=blog&utm_medium=website): Creating a Digital Universe of Possibilities Pixels goes beyond traditional gaming experiences to offer players a captivating blend of blockchain farming, exploration and community building. With its immersive gameplay and emphasis on player ownership, Pixels has carved out a niche in the competitive gaming industry. The recent listing of Pixels on Unocoin opens up new avenues for traders and investors to participate in the vibrant Pixels ecosystem. As players immerse themselves in the world of Pixels, the native token, PIXEL, serves as a gateway to unlock various game features and upgrades. From minting new land to unlocking crafting recipes, PIXEL Tokens support the vibrant economy of the Pixels universe and offer players a tangible stake in its success. #### **Exploring New Horizons on Unocoin** Axelar, Memecoin and Pixely now available for trading on Unocoin is ready for a new chapter of blockchain innovation. As traders and investors flock to the Unocoin platform to explore these exciting opportunities, they encounter a diverse array of projects, each pushing the boundaries of what is possible in decentralized finance. Including Axelar, Memecoin and Pixels on Unocoin underscores the platform’s commitment to providing users with access to cutting-edge blockchain projects and supporting a vibrant business ecosystem. Whether it’s participating in Axelar’s cross-chain revolution, riding the meme coin wave with Memecoin, or exploring the immersive world of Pixel, traders and investors have plenty of opportunities at their fingertips. ##### **Conclusion:** As Axelar, Memecoin and Pixels debut on Unocoin, they usher in a new era of blockchain innovation and decentralization. With their unique value propositions and visionary approaches, these projects are redefining the way we interact with blockchain technology and reshaping the future of decentralized finance. When traders and investors embark on a journey with Axelar, Memecoin and Pixels on Unocoin, they become part of a dynamic ecosystem fueled by creativity, collaboration and limitless potential. The list of these projects represents a significant milestone in the development of blockchain technology, underscoring the transformative power of decentralized finance in shaping the world of tomorrow. **Categories:** Development --- ### [Bitcoin Pizza Day Celebration with Unocoin: How to Enter and Win!](https://blog.unocoin.com/bitcoin-pizza-day-celebration-with-unocoin-how-to-enter-and-win/) **Published:** May 22, 2024 **Author:** Unocoin Growth **Content:** Bitcoin Pizza Day is celebrated every year on May 22nd to commemorate the first ever real-world Bitcoin transaction. On this day in 2010, Laszlo Hanyecz made history by buying two pizzas for 10,000 BTC. This milestone marked the beginning of Bitcoin’s journey from a digital novelty to a global financial revolution. This year, Unocoin is joining the celebrations with an exciting campaign that rewards our users with 10,000 PEPE coins. Here’s how you can participate and take advantage of this special offer. ## **How to participate?** **Buy NEAR Coins:** Buy NEAR Coins worth at least 1000 INR on the [Unocoin exchange](http://unoco.in/app?utm_source=blog&utm_medium=website) platform. **Scratch and Win:** After the successful completion of your order, you will receive a scratch card. Scratch to reveal your reward of 10,000 [PEPE Coins](https://unocoin.com/in/exchange/inr/pepe). ### **Rules and conditions:** Promotion Period: Offer valid from 23 May 2024 to 29 May 2024. ### **Eligibility:** - You must buy at least 1000 INR worth of NEAR coins in one order. - Rewards are provided only after successful completion of the order. - Only orders placed and completed between May 23rd and May 29th at 11:59pm are eligible. - Cancelled orders are not eligible for rewards. - No NEAR coin orders placed before May 23, 2024, are eligible for this promotion. **Reward Eligibility:** The reward of 10000 PEPE Coins is the same irrespective of the order value above INR 1000. **Order Timeline:** Please ensure your order is placed and fulfilled during the promotional period to qualify. **Join the celebration!** Bitcoin Pizza Day is the perfect opportunity to reflect on the incredible journey of Bitcoin and participate in the exciting Unocoin campaign. Don’t miss this chance to earn rewards while celebrating a major milestone in cryptocurrency history. Head to Unocoin, buy your NEAR coins, scratch your card and enjoy your 10,000 PEPE coins. Celebrate Bitcoin Pizza Day with Unocoin and make it a day to remember! **Categories:** Development, News, Offers and Contests **Tags:** bitcoin adoption, Bitcoin pizza day, Unocoin Offers and rewards --- ### [An Analysis of Bitcoin After Halving 2024](https://blog.unocoin.com/an-analysis-of-bitcoin-after-halving-2024/) **Published:** May 17, 2024 **Author:** Unocoin Growth **Content:** On April 19, 2024, the world witnessed a major digital asset event: the fourth halving of Bitcoin. However, unlike the previous halves, this one passed without major hiccups. There were no bells, no fireworks lighting up the sky. Instead, the event played out quietly, leaving many investors wondering about its implications for the future of cryptocurrency. The [bitcoin halving](https://blog.unocoin.com/2024/04/20/understanding-bitcoin-halving-significance-mechanisms-and-impacts/) is a four-year event where the block reward for miners is halved, reducing the rate at which new bitcoins enter circulation. This built-in scarcity mechanism is fundamental to Bitcoin’s design and has long-term implications for miners, traders, and investors. While the immediate impact of the halving may not be obvious to most investors, it significantly affects Bitcoin miners. With their block rewards cut in half, miners face reduced profitability, leading to adjustments to their operations and potentially reshaping the mining industry. Beyond the immediate effects on miners, however, the halving event has broader implications for the supply and demand dynamics of [Bitcoin](https://unocoin.com/in/exchange/inr/btc?utm_source=blog&utm_medium=website). The reduction in new supply increases the scarcity of Bitcoin, which may put upward pressure on its price in the long run. However, the relationship between halving events and price appreciation is complex and influenced by various market factors. Megan Stals, market analyst at trading platform Stake, notes that bitcoin trading volume typically spikes in the months leading up to the halving as interest and prices gain momentum. This trend was evident in March 2024 with a significant increase in trading volume as investors sought greater exposure to Bitcoin. Before the halving, the price of Bitcoin saw some fluctuations, dropping from over $67,000 to $62,000. Despite a stable price of around $64,000 after the halving, individual miners, especially smaller operations, have faced problems due to increased mining costs and reduced block rewards. Stals emphasizes the importance of investing in new hardware and energy-efficient solutions for the long-term sustainability of miners. Additionally, the US Securities and Exchange Commission’s (SEC) approval of [bitcoin exchange-traded funds](https://blog.unocoin.com/2024/01/11/bitcoin-etfs-approval-set-to-transform-market-dynamics/) (ETFs) in January 2024 has made it easier for investors, especially older ones, to gain exposure to bitcoin without going through cryptocurrency exchanges. However, Bitcoin remains sensitive to broader market trends such as changes in interest rates. Concerns about inflation and the Federal Reserve’s monetary policy can affect investor sentiment and, in turn, Bitcoin’s price trajectory. Investors should consider historical trends and market dynamics when analyzing the implications of a halving. While the price of bitcoin has historically risen after halvings, the path to new all-time highs is rarely linear. Price volatility due to factors such as institutional activity and whaling can be expected in the coming weeks and months. Additionally, as the market adjusts to new supply dynamics, increased volatility is expected. Investors should adopt a prudent investment strategy that manages risk and maintains a long-term perspective on Bitcoin’s potential as a digital asset. Looking back at previous halving events, Bitcoin saw significant price appreciation in the months following each halving. Since then, however, the cryptocurrency market has evolved with increased institutional participation and regulatory scrutiny. In conclusion, while the fourth bitcoin reduction may have happened quietly, its long-term implications are profound. As investors navigate the evolving crypto asset landscape, they must remain vigilant, adapt their strategies and monitor market developments to take advantage of opportunities and mitigate risks in this dynamic space. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development **Tags:** Bitcoin Halving 2024, Cryptocurrency Investment, Post Halving impact --- ### [Exploring Portal (PORTAL) Trade on Unocoin Now!](https://blog.unocoin.com/exploring-portal-portal-trade-on-unocoin-now/) **Published:** May 10, 2024 **Author:** Unocoin Growth **Content:** The portal is a centralized hub for web3 gaming, offering users a unified platform to consolidate their digital assets, user accounts and favourite games across various blockchain networks. Founded by a team of blockchain technology and gaming experts, including individuals from Creepz NFT, Rockstar Games and Electronic Arts, the portal aims to revolutionize the gaming industry by providing developers with tools to attract a wider audience. ## How does the [portal](https://unocoin.com/in/exchange/inr/portal) work? Built on the LayerZero interoperability protocol, Portal seamlessly transfers information between different blockchain networks, allowing users to effortlessly interact with their favorite games. Portal Wallet, a cross-chain wallet, simplifies the gaming experience by managing security details and providing a one-click login process. Additionally, the companion app offers mobile features that allow users to engage in select games and engage in ecosystem activities such as staking. ### Key features of the portal: - Portal Wallet: Cross-chain wallet simplifying gaming experiences on the web3. - Companion App: Mobile functionality to access select games and ecosystem activities. - Cross-Chain Functionality: Seamlessly connect blockchain networks and marketplaces. - Portal Launchpad: Get access to NFTs and GameFi tokens, providing opportunities for both users and developers. - Portal Airdrop: Rewarding users with tokens through various engagement activities. - Tokenomics of the PORTAL: PORTAL serves as the unifying coin for the Portal platform, allowing users to purchase in-game assets, participate in governance decisions, and pay transaction fees. With a total supply of 1 billion coins, PORTAL offers users utility and investment opportunities within the ecosystem. #### Is PORTAL a good investment? With the growing popularity of web3 gaming projects, PORTAL has attracted considerable attention from investors looking to gain exposure to this emerging market. However, potential investors should consider the risks involved in investing in a new cryptocurrency and exercise caution. **Conclusion:** The portal’s innovative approach to web3 gaming has the potential to revolutionize the industry by making it more accessible and user-friendly. With its experienced team and support from platforms like Binance, Portal is poised for success in the emerging world of blockchain gaming. **Now available on Unocoin:** Exciting news for players and investors alike! [Portal (PORTAL) is now listed on Unocoin,](https://unocoin.com/in/exchange/inr/portal) providing users with the opportunity to trade this promising cryptocurrency on a trusted platform. Experience the future of portal gaming at Unocoin today! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development **Tags:** Cryptocurrency, new coin listing, Portal coin --- ### [Vote and Earn ₹500 worth of Bitcoin: Make Your Voice Heard and Wallet grow!](https://blog.unocoin.com/vote-and-earn-₹500-worth-of-bitcoin/) **Published:** April 25, 2024 **Author:** Unocoin Growth **Content:** At the heart of every democracy lies the power of its people – the power to vote, to shape the future direction of its nation. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), we believe in harnessing this power and channelling it towards a brighter and more inclusive future. That’s why we’re excited to introduce you to our latest initiative: the Vote and Earn Free Bitcoin campaign. #### **Empowering democracy, one bitcoin at a time:** Launching on 26 April 2024, alongside the start of the general election, our campaign aims to change the way we engage with democracy. We understand the importance of voting and are here to motivate and reward every citizen who exercises their democratic rights. #### **How does it work?** Participating in the Vote and Get Free Bitcoin campaign is simple. Whether you’re a seasoned voter or a first-time entrant, all you have to do is follow these steps: 1. **Vote:** Go to a designated polling station and cast your vote in the general election. Every vote counts and yours could be the one that shapes the future of our nation. 2. **Upload a Selfie:** After casting your vote, take a selfie with an “I Voted” sticker & TAG @UNOCOIN on Social media Handles like [Twitter](https://twitter.com/Unocoin), [Instagram](https://www.instagram.com/unocoin/), [Facebook](https://www.facebook.com/unocoin) & [LinkedIn](https://www.linkedin.com/company/unocoin/). 3. **Claim Your Reward:** Once you upload your selfie by tagging @Unocoin, Our team will approach every individual who has completed the task in DM from Unocoin’s Official Social Media Channels and take it forward for reward distribution. Our Vote and Get Free Bitcoins campaign isn’t just about rewarding individual participation; it’s about sparking a national conversation about the intersection of democracy and technology. Join us on social media using the hashtags #Election2024, #Bitcoin, #unocoin Share your voting experience, encourage others to participate and get a chance to win more rewards. #### **Terms and conditions:** 1. Rewards will be distributed to KYC Verified Unocoin Users only. 2. Voters must tag @unocoin on Twitter, Instagram, Facebook, or LinkedIn to claim rewards, Our team will contact you within 3 working days. 3. Multiple selfies for the same ID will be rejected, as will multiple IDs with the same selfie. 4. Unocoin reserves the right to reject IDs involved in fraudulent activities. 5. Each user ID can claim rewards only once. 6. Rewards will be processed within 7 working days after submitting your Unocoin User ID. 7. For any concerns, contact Unocoin via our website[ www.unocoin.com](http://www.unocoin.com/) or email us at support@unocoin.com. You can also call us at 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat). #### **A commitment to innovation:** At Unocoin, we are not just a cryptocurrency exchange – we are pioneers in blockchain technology. Our Vote and Get Free Rs.500 worth of Bitcoins campaign is an example of our commitment to using innovative solutions to drive positive change in society. By encouraging voter participation, we not only strengthen democracy but also introduce more people to the world of cryptocurrency and empower them to take control of their financial future. ##### **Join us and shape the future** As the general election approaches and citizens across the country exercise their democratic rights, we invite you to be part of something truly transformative. Together we can revolutionize democracy, one vote and one bitcoin at a time. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News, Offers and Contests, Press Release **Tags:** Earn Free Bitcoin, Elections 2024, free crypto, Vote --- ### [Introducing Dogwifhat (WIF) A playful meme coin listed on Unocoin](https://blog.unocoin.com/introducing-dogwifhat-wif-a-playful-meme-coin-listed-on-unocoin/) **Published:** May 7, 2024 **Author:** Unocoin Growth **Content:** Dogwifhat (WIF) has proven to be an amazing addition to the ever-expanding world of cryptocurrencies. Unlike many coins that boast revolutionary technology or lofty promises, WIF keeps it simple and whimsical, revolving around a Shiba dog wearing a pink knit cap. His name “wif” is a playful misspelling of the “s” encapsulating the hilarious essence of the meme. Despite its humorous premise, WIF has gained significant attention in the crypto community. WIF surpassed established meme coins like SHIB and PEPE in 24-hour trading volume and became a market star in its own right. Running on the Solana blockchain, WIF is characterized by its commitment to decentralization. Ownership of WIF has been completely relinquished, ensuring that no entity has control. This decentralized structure allows the community to shape the trajectory of the coin, strengthening trust and engagement among its users. Unocoin, a leading cryptocurrency exchange known for its secure trading environment, is proud to announce the launch of Dogwifhat (WIF). This list offers users the opportunity to participate in WIF on a reliable and trusted platform, further increasing the availability of this whimsical meme coin. #### **Trading WIF on Unocoin is simple:** - Visit the [Dogwifhat (WIF)](https://unocoin.com/in/exchange/inr/wif) spot trading page on Unocoin. - Enter the desired amount and order type. - Click Buy/Sell to execute the trade. As Dogwifhat (WIF) debuts on Unocoin, we invite users to embrace the playful side of cryptocurrency. In a world often dominated by complexity, WIF serves as a refreshing reminder that simplicity and whimsy can capture hearts and leave a lasting impression on the market. **Categories:** Blog, Development, News, Press Release **Tags:** dogwifhat, Meme coins, wif --- ### [Exploring DAO Structures Understanding Decentralized Autonomous Organizations](https://blog.unocoin.com/exploring-dao-structures-understanding-decentralized-autonomous-organizations/) **Published:** May 3, 2024 **Author:** Unocoin Growth **Content:** Decentralized Autonomous Organizations (DAOs) represent a groundbreaking decentralized governance and decision-making concept. As blockchain technology continues to evolve, DAOs have emerged as innovative structures enabling distributed communities to govern themselves autonomously, without centralized authorities. In this blog, we will explore the fundamental concepts and structures of DAOs, highlighting their potential benefits and challenges. ### **What are DAOs?** DAOs are organizational structures that leverage blockchain technology and smart contracts to enable collective decision-making, resource allocation, and governance among their members. Unlike traditional organizations governed by centralized entities such as corporations or governments, DAOs operate based on predefined rules and protocols encoded in smart contracts, which execute automatically without human intervention. ### **Key Components of DAOs:** - Smart Contracts: Smart contracts are self-executing agreements programmed with predefined conditions and actions. In the context of DAOs, smart contracts facilitate the automation of governance processes, including voting, fund allocation, and proposal execution. By leveraging smart contracts, DAOs ensure transparency, immutability, and trustless operation. - Tokenized Governance: DAOs often utilize cryptographic tokens to represent membership rights and voting power within the organization. Token holders participate in governance decisions by staking or voting with their tokens, proportional to their holdings. This tokenized governance model ensures that decision-making reflects the preferences of the community and aligns incentives among participants. - Proposal and Voting Mechanisms: DAO members can submit proposals for various initiatives, such as funding projects, implementing protocol upgrades, or changing governance parameters. Proposals are typically subject to a voting process, where token holders cast votes to approve or reject them. DAOs may employ different voting mechanisms, including simple majority, quadratic voting, or liquid democracy, to ensure fairness and effectiveness. - Decentralized Treasury: Many DAOs maintain a decentralized treasury funded by contributions from members or revenue generated by the organization’s activities. The treasury serves as a pool of funds that can be allocated to approved proposals, such as grants, bounties, or investments. Transparent and accountable management of the treasury is essential for maintaining trust and legitimacy within the DAO community. ### **Benefits of DAOs:** - Decentralization: DAOs empower distributed communities to govern themselves autonomously, without relying on centralized authorities or intermediaries. This decentralization fosters inclusivity, transparency, and resilience, as decision-making power is distributed among participants. - Efficiency and Transparency: By leveraging blockchain technology and smart contracts, DAOs automate governance processes, reducing bureaucracy, and enhancing efficiency. Transparent on-chain governance ensures that decisions are recorded immutably and can be audited by anyone, fostering trust and accountability. - Incentive Alignment: Tokenized governance aligns the interests of Decentralized Autonomous Organizations members with the success and sustainability of the organization. Token holders have a direct stake in the outcomes of governance decisions, incentivizing them to act in the best interests of the community and contribute to its growth and prosperity. - Innovation and Flexibility: DAOs provide a flexible and adaptable framework for experimenting with new governance models, incentive mechanisms, and economic structures. This flexibility enables DAOs to evolve and innovate over time, responding to changing market conditions and community preferences. ### **Challenges and Considerations:** - Regulatory Uncertainty: The regulatory landscape surrounding DAOs is still evolving, with legal frameworks varying significantly across jurisdictions. Regulatory compliance and legal liability are important considerations for DAOs seeking to operate within the bounds of the law and mitigate regulatory risks. - Governance Coordination: Achieving consensus and coordination among diverse stakeholders within a DAO can be challenging, particularly in large and decentralized communities. Effective governance mechanisms and decision-making processes are essential for ensuring that proposals are evaluated fairly and implemented efficiently. - Security Risks: DAOs are susceptible to security vulnerabilities, including smart contract bugs, governance attacks, and malicious behavior by bad actors. Robust security measures, code audits, and community vigilance are necessary to mitigate these risks and safeguard DAO assets and operations. ### **Conclusion:** Decentralized Autonomous Organizations represent a groundbreaking paradigm shift in organizational governance and decision-making. By leveraging blockchain technology, smart contracts, and tokenized governance, DAOs empower distributed communities to govern themselves autonomously, fostering inclusivity, transparency, and efficiency. While DAOs face challenges such as regulatory uncertainty, governance coordination, and security risks, their potential to revolutionize traditional organizational structures and catalyze innovation is undeniable. As the ecosystem continues to evolve, exploring different structures, governance models, and best practices will be essential for unlocking their full potential in the decentralized future. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Cryptocurrency, DAOs, Decentralized Autonomous Organizations --- ### [The Vital Role of Stablecoins in the Crypto Ecosystem](https://blog.unocoin.com/the-vital-role-of-stablecoins-in-the-crypto-ecosystem/) **Published:** April 29, 2024 **Author:** Unocoin Growth **Content:** Stablecoins are a type of cryptocurrency designed to maintain price stability by tying their value to a stable asset such as fiat currency (e.g. USD, EUR) or commodity (e.g. gold). Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are known for their price volatility, stablecoins provide a reliable medium of exchange and store of value, making them suitable for a variety of use cases within the crypto ecosystem. Here’s a closer look at the role of stablecoins: Price stability: The primary role of stablecoins is to maintain a stable value relative to a chosen peg. This stability makes stablecoins suitable for everyday transactions, money transfers and as a hedge against cryptocurrency volatility. Users can hold and trade stablecoins without having to worry about significant fluctuations in their value. Ease of Trading and Liquidity: Stablecoins serve as the underlying trading pairs on cryptocurrency exchanges, allowing users to easily convert between volatile cryptocurrencies and fixed assets. By providing liquidity and price stability, stablecoins facilitate trading, arbitrage, and market-making activities, contributing to the efficiency and liquidity of cryptocurrency markets. Cross-border payments and transfers: Stablecoins enable fast, cheap and borderless transactions, making them ideal for cross-border payments and transfers. Users can transfer stablecoins internationally without the delays, fees and currency conversion costs associated with traditional banking systems. This facilitates financial inclusion and access to global markets for individuals and businesses around the world. Decentralized Finance (DeFi) Ecosystem: Stablecoins play a central role in the rapidly growing decentralized finance (DeFi) ecosystem. They serve as the primary means of exchange, collateral, and liquidity within DeFi protocols, facilitating lending, borrowing, revenue management, decentralized exchanges (DEX), and other financial services. Stablecoins allow users to access decentralized financial products and services without exposure to cryptocurrency volatility. Remittances and Financial Inclusion: Stablecoins have the potential to improve financial inclusion by providing access to digital payments and banking services for underserved populations worldwide. With stablecoins, individuals in regions with limited access to traditional banking infrastructure can participate in the global economy, receive remittances and access basic financial services with just a smartphone and internet connection. Transparency and Auditing: Many stablecoins operate on blockchain networks, allowing for transparency, auditability and real-time tracking of transactions. Users can verify the integrity of stablecoin issuers, ensure proper collateral, and track the supply and circulation of stablecoins on-chain. This transparency increases trust and confidence in stablecoin ecosystems. Regulatory Compliance: Stablecoins pegged to fiat currencies often require compliance with regulatory frameworks that govern traditional financial instruments, such as anti-money laundering (AML) and know-your-customer (KYC) regulations. Unbacked stablecoin issuers typically maintain fiat currency reserves at regulated financial institutions to ensure full support and compliance with regulatory requirements. Overall, stablecoins play a vital role in bridging the gap between traditional finance and the cryptocurrency ecosystem, offering stability, liquidity and interoperability for users, businesses and developers. As adoption continues to grow, stablecoins are poised to become an integral part of the global financial infrastructure, opening up new opportunities for innovation, efficiency and financial inclusion. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development **Tags:** Crypto Investment, Cryptocurrency, Stable coins --- ### [Demystifying Token Economics A Comprehensive Guide](https://blog.unocoin.com/demystifying-token-economics-a-comprehensive-guide/) **Published:** April 26, 2024 **Author:** Unocoin Growth **Content:** Token economics refers to designing and managing the economic system surrounding a cryptocurrency or blockchain project. It covers various aspects, including token distribution, supply and demand dynamics, ecosystem utility, and user and stakeholder incentives. Understanding token economics is critical for investors, developers, and users alike, as it affects the viability, sustainability, and success of a project. Here is an overview of the key concepts in the token economy. **Tokenomics Model:** The Tokenomics Model outlines the rules, mechanisms, and incentives that govern the supply, distribution, and use of tokens within the blockchain ecosystem. It defines how tokens are created, allocated, transferred and destroyed, as well as their utility and value proposition. **Token Distribution:** Token distribution refers to the initial allocation and distribution of tokens among stakeholders, including developers, investors, users, and community members. A fair and transparent distribution model helps build trust and motivate participation in the ecosystem, while excessive concentration of tokens in a few hands can lead to centralization and market manipulation. **Token Utility:** The utility of a token refers to its functionality and purpose within the ecosystem. Tokens can serve various functions, such as payment for goods and services, access to platform features, management rights, or incentives to participate in the network (e.g., betting or providing liquidity). A clear and compelling utility proposition increases the value and demand of tokens. **Supply Dynamics:** The total supply of tokens and the rate at which tokens are issued (inflation or deflation) affects their scarcity and value. Projects can implement fixed or dynamic token supplies with mechanisms such as token burning, minting, or issuing algorithms that regulate supply and maintain price stability. **Demand Drivers:** Demand for tokens is driven by factors such as adoption of the underlying platform or protocol, network usage, speculation, and investor sentiment. Projects can use strategies to stimulate demand, such as offering discounts, rewards, or exclusive access to services for token holders. **Economic Incentives:** The Tokenomics design includes economic incentives to align stakeholder interests and encourage desired behavior. Incentives may include rewards for validators or miners, discounts on transaction fees, incentives for revenue farming, or revenue sharing mechanisms. Effective incentive structures support network engagement, liquidity provision and ecosystem growth. **Governance and decision-making:** Many blockchain projects include governance mechanisms that allow token holders to participate in decision-making processes, such as protocol upgrades, resource allocation, or network parameter changes. Governance tokens grant holders voting rights proportional to their stake, allowing the community to shape the direction and policy of the project. **Sustainability and long-term viability:** The goal of a sustainable token economy is to create a self-sustaining ecosystem that can thrive in the long-term. This requires balancing short-term incentives with the need for stability, security and resilience to external shocks or market fluctuations. By understanding and analyzing the token economy, participants can assess the strengths and weaknesses of blockchain projects, evaluate their investment potential, and contribute to the development of robust and sustainable ecosystems. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - Twitter: - Instagram: - Facebook: - LinkedIn: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** basics of crypto tokens, Crypto tokens, Cryptocurrency --- ### [Psychology of Crypto Investors Emotions, Biases, and Decision-making in the crypto market](https://blog.unocoin.com/psychology-of-crypto-investors-emotions-biases-and-decision-making-in-the-crypto-market/) **Published:** April 24, 2024 **Author:** Unocoin Growth **Content:** #### Cryptocurrencies are not just about technological innovation and financial speculation; they are also deeply connected to human psychology. Understanding the psychological aspects of crypto-investors can provide valuable insights into market dynamics, investor behaviour and factors influencing cryptocurrency prices. **Here’s a closer look at the psychology of crypto investors:** - Fear and Greed: Emotions like fear and greed significantly shape investor behaviour in the cryptocurrency market. During bull markets, greed drives investors to FOMO (Fear Of Missing Out) into rising prices, often leading to speculative bubbles. Conversely, during bear markets or price corrections, fear prompts investors to panic sell, exacerbating downward price movements. - Herd Mentality: Crypto markets are heavily influenced by herd mentality, where investors tend to follow the crowd rather than make independent decisions. When a particular cryptocurrency experiences rapid price growth or gains mainstream attention, it often attracts a flock of investors looking to capitalize on the momentum. This herding behaviour can lead to exaggerated price movements and increased volatility. - Confirmation bias: Confirmation bias is the tendency to interpret information in a way that confirms preexisting beliefs or prejudices. When it comes to investing in cryptocurrencies, investors can look for news and analysis that aligns with their bullish or bearish views on specific coins or the market as a whole. This bias can lead to selective attention and rejection of conflicting information, which can impact investment decisions. - Overconfidence is another common psychological trait among cryptocurrency investors, especially during bull markets. Investors may overestimate their ability to predict price movements or underestimate the risks associated with their investments. This overconfidence can lead to excessive risk-taking and investment decisions based on speculation rather than sound fundamentals. - Loss aversion: Loss aversion refers to the tendency of individuals to prefer avoiding losses over obtaining equivalent gains. When it comes to investing in cryptocurrencies, investors can be more sensitive to losses than gains, leading them to hold losing positions in the hope that their losses will be recovered rather than cutting their losses and moving on. - Anchoring: Anchoring occurs when individuals rely too heavily on the first information they receive when making decisions. In the cryptocurrency market, investors may base their expectations or valuations on past price movements or historical highs, leading to unrealistic expectations or misjudgments about future price potential. - Information cascades: Information cascades occur when individuals make decisions based on the actions of others rather than on their own independent analysis. In the cryptocurrency market, social media influencers, celebrity endorsements, and mainstream media coverage can set off information cascades that lead to mass adoption or rejection of specific cryptocurrencies without a thorough evaluation of the fundamentals. Understanding the psychology of crypto investors is essential to navigating the volatile and unpredictable nature of the cryptocurrency market. By recognizing the role of emotions, biases and social influences in shaping investor behaviour, individuals can make more informed and rational investment decisions in this evolving digital asset class. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto investors, Cryptocurrency, Market Analysis, Psychology of crypto --- ### [A Beginner's Guide to Investing in Cryptocurrency](https://blog.unocoin.com/a-beginners-guide-to-investing-in-cryptocurrency/) **Published:** April 22, 2024 **Author:** Unocoin Growth **Content:** Cryptocurrency, a digital or virtual form of currency secured by cryptography, has gained enormous popularity in recent years. For beginners looking to enter the cryptocurrency world, understanding the basics is essential to effectively navigate this dynamic and evolving landscape. Here is a comprehensive guide to cryptocurrency for beginners: #### **What is cryptocurrency?** Cryptocurrency is a decentralized form of digital currency that runs on blockchain. Unlike traditional currencies governments issue, cryptocurrencies are not controlled by any central authority. Instead, transactions are recorded on a distributed ledger managed by a network of computers. **Blockchain technology:** Blockchain is the underlying technology of cryptocurrencies. It is a decentralized and immutable ledger that records all transactions in a network of computers. Each block in the chain contains the cryptographic hash of the previous block, creating a secure, tamper-proof record of transactions. **Types of Cryptocurrencies:** There are thousands of cryptocurrencies, each with its own unique characteristics and use cases. Bitcoin, created by an anonymous person or group known as Satoshi Nakamoto, is the first and most well-known cryptocurrency. Other popular cryptocurrencies include Ethereum, Ripple, Litecoin, and Cardano. #### **How Cryptocurrency Works?** Cryptocurrencies work on a peer-to-peer network, allowing users to send and receive payments directly without the need for intermediaries such as banks. Transactions are verified and added to the blockchain through a process called mining or verification, depending on the consensus mechanism used by the network. **[Wallets](https://unocoin.com/in/?utm_source=blog&utm_medium=website):** Cryptocurrency wallets are digital tools used to store, send and receive cryptocurrencies. Wallets come in a variety of forms, including hardware wallets, software wallets, and mobile wallets. Each wallet is associated with a unique address that is used to send and receive funds on the blockchain. **[Buying and Selling Cryptocurrency](http://unoco.in/app?utm_source=blog&utm_medium=website):** Cryptocurrency can be bought from online exchanges, peer-to-peer platforms, or through cryptocurrency ATMs. To buy cryptocurrency, you will need to create an account on a reputable exchange, deposit money and place an order. Similarly, selling cryptocurrency involves selecting the desired currency to sell, specifying the amount, and executing the transaction. **Risks and Challenges:** While cryptocurrency offers several benefits, including decentralization, transparency, and lower transaction fees, it also comes with risks and challenges. These include price volatility, regulatory uncertainty, security threats and the risk of investment fraud. Beginners must do thorough research and be cautious when investing in cryptocurrencies. Education and Resources: As a beginner, it is important to educate yourself about cryptocurrency through reliable sources of information. There are plenty of online resources, forums, and communities where you can learn about blockchain technology, cryptocurrency projects, business strategies, and security best practices. Navigating the cryptocurrency world as a beginner can be daunting, but with the right knowledge and resources, you can start your journey with confidence. By understanding the basics of cryptocurrency, staying informed about market developments and being cautious, you can unlock the potential of this revolutionary digital asset class. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** basics of cryptocurrency, buy and sell crypto, Cryptocurrency Investment --- ### [Understanding Bitcoin Halving Significance, Mechanisms, and Impacts](https://blog.unocoin.com/understanding-bitcoin-halving-significance-mechanisms-and-impacts/) **Published:** April 20, 2024 **Author:** Unocoin Growth **Content:** Bitcoin, the pioneering cryptocurrency, operates on a unique system known as the Bitcoin Halving. This event, occurring roughly every four years, entails a significant reduction in the mining reward for validating transactions on the Bitcoin network. Let’s delve into the intricacies of BTC Halving, exploring its definition, operational dynamics, historical context, and its profound implications. ### **Definition and Operational Dynamics** The Bitcoin Halving marks a pivotal moment in the cryptocurrency’s ecosystem where the reward for mining new blocks is halved. This reduction occurs approximately every four years or after the completion of 210,000 blocks on the blockchain network, as per the original design set by Bitcoin’s creators. Since Bitcoin’s inception, there have been three notable halving events: 1. November 28, 2012: The mining reward decreased from 50 bitcoins to 25 bitcoins per block. 2. July 9, 2016: The reward was further halved to 12.5 bitcoins per block. 3. May 11, 2020: Witnessed the most recent halving, resulting in a reward of 6.25 bitcoins per block. The 4th halving is scheduled for April 20th, 2024, where the block reward is slashed to 3.125 bitcoins. This gradual reduction in block rewards serves as a mechanism to control the issuance rate of new bitcoins and maintain scarcity in the market. ### **Historical Context and Rewards Data** The evolution of Bitcoin’s reward system provides valuable insights into its maturation and adoption. Initially, with the Genesis block in 2009, the reward for mining a block stood at 50 bitcoins. Subsequent halving events have progressively reduced this reward, leading to the current rate of 6.25 bitcoins per block. The anticipated final halving event is projected to occur in the year 2140, coinciding with the theoretical maximum supply of 21 million bitcoins. This milestone underscores the deflationary nature of Bitcoin, with its issuance gradually tapering off until reaching a fixed supply cap. ### **Implications and Effects of [Bitcoin](https://unocoin.com/in/exchange/inr/btc?utm_source=blog&utm_medium=website) Halving** #### **1. Inflation Management** Bitcoin Halving serves as a potent tool for managing inflation within the cryptocurrency ecosystem. By reducing the rate of new coin issuance, halving events mitigate the risk of excessive inflation, thereby preserving the purchasing power of existing bitcoins. However, it’s essential to note that this inflation safeguard primarily applies within the realm of Bitcoin itself, rather than shielding users from broader fiat currency inflation. #### **2. Demand Dynamics** Halving events typically stimulate heightened demand for bitcoins, fueled by the perception of increased scarcity and potential future value appreciation. Historical data indicates that Bitcoin’s price tends to experience upward trajectories following halving events, driven by a combination of reduced supply and heightened investor interest. #### **3. Investment Dynamics** While originally conceived as a decentralized payment method, Bitcoin’s evolution into a speculative investment asset has been accelerated by halving events. Investors are drawn to Bitcoin’s finite supply and the prospect of capital appreciation over time, especially in light of diminishing block rewards. However, this speculative dimension introduces volatility and risk into the cryptocurrency market, distinct from its intended utility as a medium of exchange. #### **4. Mining Landscape** Bitcoin mining, the process by which transactions are validated and new bitcoins are minted, undergoes significant shifts in response to halving events. Large-scale mining operations, characterized by substantial investments in specialized hardware and energy infrastructure, may weather halving-induced reductions in profitability better than smaller miners or hobbyists. Halving events often catalyze industry consolidation, as smaller players either exit the market or are absorbed by larger mining conglomerates. #### **5. Consumer and Retail Impact** For consumers and retail users of Bitcoin, halving events primarily manifest through price fluctuations and potential impacts on transaction costs. While the underlying utility of Bitcoin for remittances and online transactions remains intact, the speculative dynamics introduced by halving events can influence the purchasing power of individual users’ bitcoin holdings. ### **Conclusion** In summary, Bitcoin Halving stands as a defining feature of the cryptocurrency’s ecosystem, shaping its supply dynamics, investment appeal, and mining landscape. With each halving event, Bitcoin’s maturation journey advances, underscoring its evolution from a digital curiosity to a globally recognized store of value and speculative asset. As the cryptocurrency landscape continues to evolve, the enduring significance of BTC Halving as a mechanism for scarcity management and market dynamics remains unequivocal. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Halving, Bitcoin Halving 2024, Cryptocurrency, Mining bitcoin --- ### [Unlock your Bitcoin Bonanza with Unocoins Lending Feature](https://blog.unocoin.com/unlock-your-bitcoin-bonanza-with-unocoins-lending-feature/) **Published:** April 19, 2024 **Author:** Unocoin Growth **Content:** In the dynamic realm of cryptocurrencies, savvy investors seek innovative avenues to optimize their earnings and navigate market fluctuations. Bitcoin Bonanza, Unocoin’s pioneering lending platform, stands as a beacon of opportunity, offering users the ability to unlock liquidity while retaining ownership of their valuable crypto assets. As we delve into the intricacies of Bitcoin Bonanza, explore its distinct advantages, and prepare for the impending halving event, we embark on a journey of financial empowerment and strategic asset management. ### **Unlocking Liquidity with Bitcoin Bonanza** Bitcoin Bonanza heralds a paradigm shift in the realm of asset utilization, providing users with a unique opportunity to access liquidity without resorting to traditional selling methods. Unlike conventional approaches, which necessitate the relinquishment of asset ownership, Bitcoin Bonanza empowers users to pledge their crypto holdings as collateral, unlocking up to 50% of their market value without liquidating their assets. This revolutionary platform offers simplicity, flexibility, and unparalleled convenience, enabling users to access funds for diverse needs without navigating the complexities of asset disposal. ### **Tax Savings and Long-Term Earnings Potential** By using Bitcoin Bonanza’s [lending feature,](https://unocoin.com/in/lending) you can not only meet your immediate cash needs but also save on taxes and earn more in the long run, you can also avoid capital gains tax on asset sales and build a strong financial portfolio for future growth. With the Bitcoin halving event coming up in April 2024, holding onto your assets becomes even more important, making Bitcoin Bonanza’s offerings even more attractive. #### **Accessing Bitcoin Bonanza’s Lending Feature: A Step-by-Step Guide** 1. Open your [Unocoin app](http://unoco.in/app?utm_source=blog&utm_medium=website) or [website.](http://unocoin.com/in?utm_source=blog&utm_medium=website) 2. Navigate to the “More” section. 3. Select the “Lending” feature under Crypto Utilities. 4. Choose to borrow USDT against Bitcoin collateral. 5. Enter the desired loan amount (e.g., 1000 USDT). 6. Select the number of EMIs and repayment date. 7. Agree to the terms and conditions & Submit your loan request. 8. Review the loan details, including the conversion rate of BTC to USDT and the collateral amount in BTC. 9. Check the liquidation percentage box & Proceed to confirm your loan request. With Bitcoin Bonanza’s lending feature, you can unlock liquidity, minimize tax liabilities, and position yourself for optimal returns in the dynamic world of cryptocurrencies. Utilize the borrowed USDT to explore investment opportunities, diversify your portfolio, or address pressing financial needs. Empower yourself with financial flexibility and strategic foresight as you embark on your journey with Bitcoin Bonanza. Unlock the potential of your assets and navigate the complexities of cryptocurrency markets with confidence and conviction. **Understanding the Halving Event: The halving event is a significant occurrence in the world of cryptocurrency, including Bitcoin. It involves a reduction in mining rewards every four years, emphasizing the cryptocurrency’s commitment to scarcity and value preservation. Historically, halving events have led to price surges, highlighting the potential for asset appreciation and market dynamics. As investors prepare for the upcoming halving event, Bitcoin Bonanza offers a stable and strategic option to HODL onto their crypto assets while leveraging the Lending feature to manage their portfolio effectively. **Leveraging Assets for Maximum Profit: Bitcoin Bonanza’s lending programs allow users to unlock liquidity, minimize tax liabilities, and position themselves for optimal returns in the dynamic landscape of cryptocurrencies. As the halving event approaches, it’s an ideal time to explore strategic asset management strategies and make the most of Bitcoin Bonanza’s offerings. **Exploring Bitcoin Bonanza Today: Embark on a journey of financial empowerment and strategic asset management with Bitcoin Bonanza. Whether through the EMI or Flexible EMI programs, Bitcoin Bonanza offers a range of options to suit your financial needs and objectives. Start making your crypto work for you and navigate the world of cryptocurrencies with confidence and conviction. Unlock the potential of your assets with Bitcoin Bonanza today. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, Offers and Contests **Tags:** Bitcoin Halving, Crypto Lending, Lending --- ### [Exploring DeFi: Unlocking Opportunities in Decentralized Finance](https://blog.unocoin.com/exploring-defi-unlocking-opportunities-in-decentralized-finance/) **Published:** April 12, 2024 **Author:** Unocoin Growth **Content:** Decentralized finance (DeFi) has emerged as one of the most promising sectors in the cryptocurrency industry, offering innovative financial services without traditional intermediaries. From lending and borrowing to trading and revenue management, DeFi presents a range of opportunities for both investors and users. Providing liquidity: DeFi platforms such as automated market makers (AMMs) allow users to provide liquidity to decentralized exchanges and earn rewards in the form of transaction fees and token incentives. By supplying assets to liquidity pools, investors can earn passive income while facilitating trades within the ecosystem. Lending and Borrowing: DeFi protocols allow individuals to borrow and lend cryptocurrencies without the need for traditional banks. Through smart contracts, borrowers can access funds by pledging their assets, while lenders earn interest on the deposited funds. This opens up new avenues for access to capital and returns from underutilized assets. Also read: [Navigating Crypto Investment Risks Strategies](https://blog.unocoin.com/2024/04/10/navigating-crypto-investment-risks-strategies-for-mitigation/) Yield Farming: Yield Farming involves the use of various DeFi protocols to maximize returns from holding cryptocurrencies. By strategically moving assets between liquidity pools, staking platforms and revenue aggregators, investors can optimize returns and earn additional tokens as rewards. However, revenue management carries inherent risks, including volatile loss and vulnerability of smart contracts, so thorough research and risk management are essential. Participation in governance: Many DeFi projects operate as decentralized autonomous organizations (DAOs) that allow token holders to participate in governance decisions. By staking tokens and voting on proposals, investors can shape the direction of the project and influence its development plan. Risk Considerations: While DeFi presents lucrative opportunities, it also comes with risks. Smart contract vulnerabilities, market volatility and regulatory uncertainty can affect the performance of DeFi investments. It is crucial for investors to do their due diligence, diversify their holdings and be aware of potential risks. Unlocking DeFi opportunities requires a willingness to explore new technologies and a thorough understanding of the risks and rewards involved. By adopting decentralized finance, investors can gain access to a more inclusive and efficient financial ecosystem. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Decentralized Finance, Defi, Defi Innovations --- ### [Scaling Up: Exploring Blockchain Scalability Solutions](https://blog.unocoin.com/scaling-up-exploring-blockchain-scalability-solutions/) **Published:** April 15, 2024 **Author:** Unocoin Growth **Content:** Blockchain technology has revolutionized various industries by providing transparent, secure, decentralized systems. However, as adoption has grown, scalability issues have emerged that limit the speed and efficiency of blockchain networks. To address these challenges, developers have been working on scalability solutions to increase throughput, reduce transaction costs, and improve overall performance. **Layer 2 solutions:** Layer 2 solutions build on existing blockchain networks and offload transaction processing from the main chain. Examples include payment channels such as the Lightning Network for Bitcoin and state channels for Ethereum. By performing off-chain transactions and periodically settling on the main chain, Layer 2 solutions greatly increase scalability and reduce congestion. **Sharding:** Sharding is a technique that involves dividing a blockchain network into smaller subsets called shards. Each fragment processes part of transactions independently, parallelizing throughput and increasing network capacity. Ethereum 2.0 implements sharding as part of its upgrade to address scalability issues and improve performance. **Consensus Mechanism Optimization:** Traditional consensus mechanisms such as Proof of Work (PoW) and Proof of Stake (PoS) have limitations in terms of scalability and energy consumption. New consensus algorithms such as Delegated Proof of Stake (DPoS) and Practical Byzantine Fault Tolerance (PBFT) prioritize scalability by sacrificing some decentralization. These optimized consensus mechanisms enable faster transaction processing without compromising network security. **Sidechains:** Sidechains are independent blockchains interoperable with the main blockchain. They allow specific tasks or applications to be executed without overloading the main chain. Projects like RSK and Plasma implement sidechains that enable scalability for smart contract execution and decentralized applications (DApps). **Blockchain Interoperability:** The goal of interoperability solutions is to connect different blockchain networks, enabling seamless communication and transfer of assets between different platforms. Technologies such as atomic swaps and cross-chain bridges facilitate interoperability and increase scalability by distributing transaction volume across multiple chains. **State Channels:** State channels enable off-chain interactions between participants, reducing the burden on the main blockchain. By opening the state channel, users can make multiple transactions privately and securely before the final state on the main chain is resolved. This approach minimizes congestion and latency while maintaining the security guarantees of the underlying blockchain. Scalability solutions play a key role in realizing the full potential of blockchain technology by addressing bottlenecks and improving network efficiency. As developers continue to innovate and implement these solutions, blockchain networks will become more scalable, paving the way for widespread adoption and mainstream integration across various industries. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** blockchain, Blockchain Technology, Ethereum Blockchain, Scalability --- ### [Navigating Crypto Investment Risks Strategies for Mitigation](https://blog.unocoin.com/navigating-crypto-investment-risks-strategies-for-mitigation/) **Published:** April 10, 2024 **Author:** Unocoin Growth **Content:** Investing in cryptocurrencies can be very profitable, but it also comes with risks. From market volatility to security concerns, crypto investors face various challenges. However, with the right strategies and precautions, these Crypto Investment Risks can be mitigated, allowing investors to navigate the crypto landscape more confidently. [**Diversification:** ](https://blog.unocoin.com/2023/10/11/altcoin-analysis-the-pros-and-cons-of-diversifying-your-crypto-portfolio/)One of the basic principles of investing is diversification. Spreading your investments across different cryptocurrencies can help reduce the impact of a single asset’s poor performance. Investors should consider a mix of established coins like Bitcoin and Ethereum along with promising altcoins. **Research and Due Diligence:** Thorough research is essential before investing in any cryptocurrency. Understanding the technology, the team behind the project, the use case and market trends can help investors make informed decisions. Conducting due diligence helps identify potential red flags and scams and reduces the Crypto Investment risk in fraudulent projects. **Risk Management:** Setting clear investment goals and risk tolerance is essential. Investors should only allocate the amount they can afford to lose and avoid investing money intended for essential expenses. Implementing stop-loss orders and regularly reassessing investments can help manage risks effectively. **Secure Storage:** Securing crypto assets is paramount. Storing cryptocurrencies in reputable hardware wallets or coolers minimizes the Crypto Investment risk of hacking and theft associated with online exchanges. Additionally, using multi-factor authentication and keeping private keys offline adds another layer of security. **Stay Informed:** The cryptocurrency market is dynamic and news and events affect prices and investor sentiment. Being informed about regulatory developments, technological advances and market trends can help investors anticipate potential risks and opportunities. By adopting these strategies, investors can navigate the volatile crypto market with greater confidence and mitigate the associated Crypto Investment risks. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Investment Risks, Cryptocurrency Investment, how to reduce risk in crypto, Mitigation --- ### [Trading Psychology 101 Emotions and Decision Making in Crypto Markets](https://blog.unocoin.com/trading-psychology-101-emotions-and-decision-making-in-crypto-markets/) **Published:** April 5, 2024 **Author:** Unocoin Growth **Content:** As the crypto market experiences its share of winter, characterized by price corrections and increased volatility, managing these challenging times requires a strategic approach. In this 1500-word blog, we present a comprehensive survival guide with valuable tips for traders to survive the crypto winter and become resilient. **Understanding Crypto Winters:** Set the scene by defining crypto winters, periods of market decline and heightened uncertainty. Discuss the cyclical nature of the crypto market and how traders can adapt to these challenging conditions. **Strengthening risk management:** Emphasize the importance of strengthening risk management strategies during crypto winter. Discuss the need to establish clear risk-reward ratios, diversify portfolios, and implement stop-loss orders to protect capital. **Stay informed amid volatility:** Emphasize the importance of staying well informed during periods of increased volatility. Encourage traders to closely monitor market news, regulatory developments and macroeconomic factors that could affect cryptocurrency prices. **Analysis of market trends:** Dive into the art of analyzing market trends during the crypto winter. Explore technical analysis techniques, chart patterns and key indicators that can help traders identify potential entry and exit points in turbulent market conditions. **Customization of trading strategies:** Discuss the need to adapt trading strategies to suit prevailing market conditions. Explore strategies such as trend-following, counter-trend trading, and portfolio rebalancing to adapt to the dynamics of the crypto winter. **Identifying opportunities in altcoins:** Explore the potential opportunities offered by altcoins during crypto winter. Discuss how certain cryptocurrencies can demonstrate resilience or unique value propositions that provide trading opportunities even as core assets face challenges. **Use of short positions:** Introduce the concept of short leverage as a strategy to profit from falling asset prices. Discuss the risks and rewards of short selling and how traders can use it cautiously during crypto winter. **Building a defence portfolio:** A trader’s guide to building a defensive portfolio that can weather the crypto winter storm. Discuss the merits of including stablecoins, hedging strategies and assets with low correlation to the broader market. **Patience and mental toughness:** Emphasize the importance of patience and mental toughness in challenging market conditions. Discuss strategies for managing emotions, avoiding impulsive decisions, and maintaining a long-term perspective. **Preparing for the next bull market:** Finally, you will prepare traders for the eventual transition from crypto winter to the next bull market. Discuss the importance of learning from experience, refining strategies, and strategically positioning yourself for the next market upswing. **Conclusion:** Faced with a crypto winter, marketers can tackle the challenges and come out stronger by implementing a thoughtful and adaptive approach. This survival guide equips traders with practical tips, risk management strategies, and the mindset needed to thrive in the ever-evolving world of cryptocurrency trading. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development **Tags:** Bitcoin Trading, Crypto trading, Cryptocurrency, Trading Psychology --- ### [The Rise of Meme Coins Worth the Hype or Just a Fad](https://blog.unocoin.com/the-rise-of-meme-coins-worth-the-hype-or-just-a-fad/) **Published:** April 8, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency space has seen the meteoric rise of meme coins, fueled by social media trends and community-driven enthusiasm. In this 1,500-word blog, we debunk the phenomenon of meme coins and examine whether their popularity is justified or just a passing fad. **Definition of meme coins:** Create a clear definition of meme coins and highlight their origins, characteristics and cultural phenomena surrounding them. Discuss how meme coins often gain popularity through social media platforms and online communities. **Community Power:** Explore the significant role the community plays in the rise of meme coins. Discuss how local movements and online communities can drive the popularity and value of meme coins, creating a unique dynamic in the crypto space. #### **Meme coins vs. established cryptocurrencies** Draw a comparison between meme coins and more established cryptocurrencies. Discuss key differences in technology, use cases, and community dynamics, highlighting contrasting approaches to value and adoption. **Dogecoin Effect:** Explore Dogecoin’s Influence on the Rise of Meme Coins. Discuss how Dogecoin, originally created as a joke, gained widespread popularity and paved the way for other meme coins to emerge. **Market dynamics and volatility:** Dive into the dynamics of the meme coin market and address its inherent volatility and susceptibility to pump-and-dump schemes. Explore how the speculative nature of meme coins can lead to rapid price swings. **Utilities and Use Cases:** Assess the utility and use cases of meme coins. Discuss whether these tokens serve any practical purpose beyond speculation and community engagement, and explore potential scenarios where meme coins could find real-world applications. **Investor Risks and Considerations:** Highlight the risks associated with investing in meme coins. Discuss the lack of regulatory oversight, the potential for market manipulation, and the importance of thorough due diligence for investors considering investing in meme coins. **Role of Social Media:** Explore the symbiotic relationship between meme coins and social media platforms. Discuss how trends, influencers and online communities can quickly push meme coins into the spotlight and contribute to their sudden popularity. **Regulatory control:** Explore the regulatory landscape surrounding meme coins. Discuss how regulators are responding to the rise of these tokens and the potential implications for the future of meme coin projects. **Long term viability:** Finally, focus on the question of long-term viability. Discuss whether meme coins are here to stay or represent a short-term trend, considering factors such as market dynamics, community sustainability, and regulatory developments. **Conclusion:** The rise of meme coins has caught the attention of the crypto community and beyond. This blog explores the phenomenon in-depth and examines whether meme coins are a sustainable part of the crypto landscape or just a passing trend fueled by hype and online culture. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Cryptocurrency, Meme coins, memecoin bullrun --- ### [Crypto Winter Survival Guide: Tips for Traders in Challenging Times](https://blog.unocoin.com/crypto-winter-survival-guide-tips-for-traders-in-challenging-times/) **Published:** April 3, 2024 **Author:** Unocoin Growth **Content:** As the crypto market experiences its share of winter, characterized by price corrections and increased volatility, managing these challenging times requires a strategic approach. In this blog, we present a comprehensive survival guide with valuable tips for traders to survive the crypto winter and become resilient. **Understanding Crypto Winters:** Set the scene by defining crypto winters, periods of market decline and heightened uncertainty. Discuss the cyclical nature of the crypto market and how traders can adapt to these challenging conditions. **Strengthening risk management:** Emphasize the importance of strengthening risk management strategies during crypto winter. Discuss the need to establish clear risk-reward ratios, diversify portfolios, and implement stop-loss orders to protect capital. **Stay informed amid volatility:** Emphasize the importance of staying well informed during periods of increased volatility. Encourage traders to closely monitor market news, regulatory developments and macroeconomic factors that could affect cryptocurrency prices. **Analysis of market trends:** Dive into the art of analyzing market trends during the crypto winter. Explore technical analysis techniques, chart patterns and key indicators that can help traders identify potential entry and exit points in turbulent market conditions. **Customization of trading strategies:** Discuss the need to adapt trading strategies to suit prevailing market conditions. Explore strategies such as trend-following, counter-trend trading, and portfolio rebalancing to adapt to the dynamics of the crypto winter. **Identifying [opportunities in altcoins: ](https://blog.unocoin.com/2024/03/08/comprehensive-guide-to-alt-coins/)**Explore the potential opportunities offered by altcoins during crypto winter. Discuss how certain cryptocurrencies can demonstrate resilience or unique value propositions that provide trading opportunities even as core assets face challenges. **Use of short positions:** Introduce the concept of short leverage as a strategy to profit from falling asset prices. Discuss the risks and rewards of short selling and how traders can use it cautiously during crypto winter. **Building a defence portfolio:** trader’s guide to building a defensive portfolio that can weather the crypto winter storm. Discuss the merits of including stablecoins, hedging strategies and assets with low correlation to the broader market. **Patience and mental toughness:** Emphasize the importance of patience and mental toughness in challenging market conditions. Discuss strategies for managing emotions, avoiding impulsive decisions, and maintaining a long-term perspective. **Preparing for the next bull market:** Finally, you will prepare traders for the eventual transition from crypto winter to the next bull market. Discuss the importance of learning from experience, refining strategies, and strategically positioning yourself for the next market upswing. **Conclusion:** Faced with a crypto winter, marketers can tackle the challenges and come out stronger by implementing a thoughtful and adaptive approach. This survival guide equips traders with practical tips, risk management strategies, and the mindset needed to thrive in the ever-evolving world of cryptocurrency trading. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** crypto market 2024, crypto market trends, crypto survival --- ### [Unocoin Supports Immutable X listing Trade now.](https://blog.unocoin.com/unocoin-supports-immutable-x-listing-trade-now/) **Published:** March 30, 2024 **Author:** Unocoin Growth **Content:** In a significant step towards enhancing the availability and liquidity of digital assets, Unocoin, India’s leading cryptocurrency exchange platform, is proud to announce the launch of IMX, the native token of Immutable X. With this latest addition to its trading repertoire, Unocoin reinforces its commitment to provide users with a variety of investment options while accelerating its growing adoption of Immutable X among enthusiasts. ### *[Trade IMX on Unocoin Now!](https://unocoin.com/in/exchange/inr/imx)* **IMX Listing on Unocoin:** Unlocking the Power of Immutable X, By incorporating IMX into its trading ecosystem, Unocoin opens the gateway for users to seamlessly engage with the vibrant marketplace of Immutable X, a revolutionary Layer 2 solution dedicated to Non-Functional Tokens (NFTs). With just a few clicks, users can now harness the potential of IMX to trade, invest and participate in the growing NFT economy, all in the secure and user-friendly environment offered by Unocoin. **Empowering Immutable X Enthusiasts:** Trade IMX with ease, Unocoin’s IMX listing provides a seamless trading experience for both experienced investors and newbies alike. With robust security measures and intuitive trading tools at their disposal, users can confidently benefit from IMX’s dynamic price movements and use the trusted Unocoin platform to seamlessly navigate the complexities of digital asset trading. **Unocoin’s commitment to innovation and inclusiveness:** As a pioneer in the Indian cryptocurrency landscape, Unocoin remains steadfast in its mission to democratize access to digital assets and foster a culture of financial empowerment. The IMX listing underscores Unocoin’s unwavering commitment to innovation and inclusivity as it continues to expand its offerings to meet the evolving needs of its growing user base. **Seize the opportunity: Trade IMX on Unocoin today!** Don’t miss out on the exciting opportunities offered by the IMX listing on Unocoin. Whether you are an enthusiastic NFT enthusiast or a curious investor looking to explore the world of Immutable X, now is the perfect time to embark on your trading journey. Visit Unocoin today to start trading IMX and unlock a world of possibilities in the vibrant realm of digital assets. [Trade IMX on Unocoin Now!](https://unocoin.com/in/exchange/inr/imx) **Conclusion:** Embracing a new era of digital asset trading with Unocoin and immutable X. In conclusion, the listing of Unocoin’s IMX marks a significant milestone in the evolution of digital asset trading in India. By offering users access to the innovative Immutable X ecosystem through IMX trading, Unocoin enables individuals to participate in the transformative potential of NFTs and blockchain technology. As we embark on this exciting journey together, Unocoin remains committed to fostering innovation, promoting inclusivity and empowering users to shape their financial future with confidence and conviction. Join us today and discover the endless possibilities that await in the dynamic world of trading Immutable X on Unocoin! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured, News **Tags:** immutable x, IMX listing, new coin listing --- ### [Lido DAO is listed on Unocoin Start Your Trade now!](https://blog.unocoin.com/lido-dao-is-listed-on-unocoin-start-your-trade-now/) **Published:** April 1, 2024 **Author:** Unocoin Growth **Content:** Delightful news! Unocoin is proud to announce the addition of Lido DAO (LDO) to our trading platform. Users can effortlessly trade Lido DAO tokens, opening up new opportunities in decentralized finance. [Trade Lido DAO (LDO) on Unocoin](https://unocoin.com/in/exchange/inr/ldo) #### What is Lido DAO (LDO)? Lido DAO is a secure liquid staking protocol designed to solve the liquidity problems users face in the Proof of Stake (POS) ecosystem. By allowing users to stake their assets while maintaining liquidity through derivative tokens, Lido DAO revolutionizes the betting landscape, offering flexibility and accessibility to investors. #### Why trade Lido DAO on Unocoin? **Hassle-free trading:** Enjoy smooth and intuitive trading on the user-friendly Unocoin platform. **Diverse investment opportunities:** Explore the potential of Lido DAO and easily diversify your crypto portfolio. **Safe and Trusted Platform:** Trade with confidence on Unocoin, India’s leading cryptocurrency exchange known for its robust security measures and transparent operations. #### *[**Start trading Lido DAO (LDO) on Unocoin now!**](https://unocoin.com/in/exchange/inr/ldo)* ## **Understanding Lido DAO** At its core, Lido DAO is a secure, liquid staking protocol designed to alleviate the liquidity issues inherent in Proof of Stake (PoS) networks. PoS networks, while offering attractive stake rewards, often pose a dilemma for investors who have to lock up their assets for extended periods, limiting liquidity and flexibility. Lido DAO solves this problem by allowing users to deposit their assets while simultaneously providing liquidity through derivative tokens. **How Lido DAO works** The Lido DAO mechanism is elegantly simple yet highly effective. Users can stake their assets such as Ethereum (ETH) on the Lido platform and lock them into the Ethereum beacon chain for staking purposes. In return, users receive sSETH, a derivative token representing their staked ETH and providing liquidity. This innovative approach allows users to enjoy the benefits of staking rewards while maintaining the flexibility to trade or use their assets in other DeFi protocols. **The role of the LDO token** Central to Lido DAO’s operation is the LDO token, a governance token that allows community members to participate in the decision-making process. LDO holders have voting rights and can influence key aspects of the protocol, including development initiatives, management proposals and changes to protocol parameters. This decentralized governance model ensures that Lido DAO remains community-driven and responsive to the needs of its users. ### **Advantages of trading Lido DAO on Unocoin** With Lido DAO (LDO) now available for trading on Unocoin, users can unlock several benefits: **Hassle-free trading:** Unocoin offers a user-friendly platform designed for both novice and experienced traders, ensuring a smooth and intuitive trading experience. **Diverse Investment Opportunities:** By trading Lido DAO on Unocoin, users can diversify their crypto portfolios and explore new investment avenues within the DeFi ecosystem. **Trusted and Secure Platform:** Unocoin is India’s leading cryptocurrency exchange platform, known for its robust security measures and transparent operations. Users can trade with confidence knowing that their assets are protected. **Conclusion:** As DeFi continues to reshape the financial landscape, Lido DAO is emerging as a beacon of innovation, offering a solution to the liquidity challenges faced by stakers. With its unique approach to liquid staking and decentralized governance, Lido DAO allows users to participate in the staking ecosystem while maintaining flexibility and control over their assets. Now available for trading on Unocoin, Lido DAO presents an exciting opportunity for cryptocurrency enthusiasts to explore the potential of decentralized finance and take their investment journey to new heights. Join Unocoin today and discover the transformative power of Lido DAO! **HOW TO TRADE LIDO DAO ON UNOCOIN** - Trading Lido DAO (LDO) on Unocoin: Step by Step Guide - Login to your Unocoin account - Enter your credentials (email/username and password) to securely log into your Unocoin account. - Go to the Exchange section - Search Lido DAO (LDO) - [Trade Lido DAO (LDO) on Unocoin](https://unocoin.com/in/exchange/inr/ldo) Before confirming the order, please review the transaction details to ensure accuracy, including the Lido DAO amount, price and total cost. Once you have reviewed the order details and are satisfied, click the “Buy” or “Sell” button to confirm the transaction. After confirming your order, track the status of your trade-in the “Orders” or “Trade History” section of the Unocoin platform. Once your trade is complete, you can manage your Lido DAO holdings in your Unocoin account. You can continue to trade, hold or withdraw your Lido DAO tokens as needed. Congratulations! You have successfully traded Lido DAO (LDO) on Unocoin. Start discovering the exciting opportunities offered by decentralized finance with Lido DAO trading on Unocoin today! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, News **Tags:** defi coin, Lido dao token, unocoin listings --- ### [Unlocking the Future of AI with SingularityNET on Unocoin](https://blog.unocoin.com/unlocking-the-future-of-ai-with-singularitynet-on-unocoin/) **Published:** March 28, 2024 **Author:** Unocoin Growth **Content:** Now is the time to seize the opportunity and embark on a journey into the future of AI with AGIX. Whether you’re looking to diversify your investment portfolio, explore emerging technologies, or support the advancement of artificial intelligence, AGIX on Unocoin offers a gateway to endless possibilities. Join us on Unocoin and start trading AGIX today. Together, let’s shape a brighter future powered by decentralized innovation and transformative technologies. ##### ***Visit**[ **Unocoin Exchange**](https://unocoin.com/in/exchange/inr/agix) **to get started with Agix trading!* In today’s digital age, the convergence of artificial intelligence (AI) and blockchain technology is reshaping the landscape of innovation. Among the pioneers in this space stands SingularityNET, a decentralized marketplace revolutionizing how AI services are accessed and utilized. Let’s delve deeper into the intricacies of SingularityNET and explore how it’s empowering the future of AI. **Decentralized AI Marketplace: Democratizing Access to Innovation** At its core, SingularityNET serves as a decentralized platform where developers can publish their AI algorithms and applications, allowing users worldwide to access them seamlessly. This democratization of AI fosters collaboration and innovation, breaking down barriers to entry and enabling a diverse range of stakeholders to participate in the AI ecosystem. Founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, SingularityNET has emerged as a trailblazer in bridging the gap between AI and blockchain technology. By leveraging the Ethereum and Cardano blockchains, SingularityNET ensures transparency, security, and scalability, laying the foundation for a robust and inclusive marketplace. **Smart Contracts: Enabling Trust and Efficiency** Central to SingularityNET’s operations are smart contracts, self-executing agreements encoded on the blockchain. These smart contracts facilitate transactions between users and developers, ensuring trust and efficiency in the exchange process. Developers can customize smart contracts to specify usage terms, pricing mechanisms, and other parameters, providing users with clarity and transparency. Moreover, smart contracts automate payment settlements, eliminating the need for intermediaries and reducing transaction costs. **AGIX Token: Fueling the SingularityNET Ecosystem** At the heart of the SingularityNET ecosystem lies the AGIX token, a native utility token that powers transactions and governance within the platform. AGIX serves multiple purposes, including: ***Payment for AI services:*** Users utilize AGIX tokens to access and utilize AI services offered on the SingularityNET marketplace. ***Governance participation:*** AGIX holders can vote on proposals and contribute to the platform’s decision-making processes. ***Liquidity staking:*** Users can stake AGIX tokens to provide liquidity and earn rewards within the ecosystem. With multi-chain compatibility across Ethereum, Cardano, Polygon, and Binance Smart Chain, AGIX tokens offer flexibility and interoperability, enabling seamless transactions across different blockchain networks. **Fostering the Growth of AGI: A Vision for the Future** Beyond its role as a marketplace for AI services, SingularityNET harbors a grand vision of advancing artificial general intelligence (AGI). AGI represents the pinnacle of AI development, embodying human-like cognitive abilities and adaptability across a wide range of tasks. SingularityNET aims to create a collaborative environment where developers can contribute to the collective pursuit of AGI. By fostering innovation, knowledge sharing, and interdisciplinary collaboration, SingularityNET seeks to accelerate the development of AGI and unlock its transformative potential for society. ##### Join the AI Revolution with [SingularityNET](https://unocoin.com/in/exchange/inr/agix) Whether you’re a developer, researcher, or enthusiast, SingularityNET invites you to be part of the AI revolution. Explore the diverse array of AI services on the marketplace, contribute to governance decisions, and join the quest for artificial general intelligence. Stay informed and engaged by following SingularityNET on [social media](https://linktr.ee/unocoin) and joining the community of like-minded individuals passionate about shaping the future of AI. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Development, News **Tags:** agix coin, new coin listing, SingularityNET --- ### [Crypto Market Sentiment 2024](https://blog.unocoin.com/crypto-market-sentiment-2024/) **Published:** March 29, 2024 **Author:** Unocoin Growth **Content:** Sentiment analysis, also known as opinion mining, is a valuable tool for investors looking to gauge market sentiment and make informed investment decisions. By analyzing social media posts, news articles, and other forms of user-generated content, sentiment analysis algorithms can identify trends, sentiments, and emotions expressed by market participants. One of the main benefits of sentiment analysis for investors is its ability to provide real-time insight into market sentiment and investor behaviour. By monitoring social media platforms, forums, and news feeds, investors can gauge public sentiment toward specific cryptocurrencies, projects, or market trends. For example, a sudden increase in positive sentiment towards a particular cryptocurrency on social media platforms may indicate growing investor interest and potential price appreciation. Additionally, sentiment analysis can help investors identify potential market shifts or sentiment reversals before they occur. By tracking changes in sentiment over time, investors can spot emerging trends or anomalies in sentiment that may signal a change in market direction. For example, a sudden increase in negative sentiment towards a previously popular cryptocurrency project may indicate underlying issues or concerns among investors, which may lead to a price decline. In addition, sentiment analysis can complement traditional market analysis techniques such as technical analysis and fundamental analysis by providing additional context and insight into market dynamics. By combining sentiment analysis with other analytical tools, investors can gain a more comprehensive understanding of market trends and make more informed investment decisions. For example, sentiment analysis can help investors identify potential buy or sell signals Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Blockchain Technology, crypto market 2024, Cryptocurrency, market sentiment analysis 2024 --- ### [Exploring the World of Blockchain Technology](https://blog.unocoin.com/exploring-the-world-of-blockchain-technology/) **Published:** March 27, 2024 **Author:** Unocoin Growth **Content:** While cryptocurrencies often dominate the headlines, blockchain technology has applications beyond digital currencies that have the potential to revolutionize a variety of industries. From supply chain management to healthcare, blockchain offers solutions to some of the most pressing challenges facing businesses and organizations. One area where blockchain technology shows promise is supply chain management. By recording information about products and transactions in a transparent and immutable ledger, blockchain can help increase transparency, traceability and efficiency throughout the supply chain. This can lead to reduced fraud, counterfeit goods and supply chain disruptions. For example, companies like Walmart and IBM are using blockchain technology to trace the origin of products and ensure food safety by tracking the journey of goods from farm to fork. Additionally, blockchain has the potential to transform the healthcare industry by securely storing and sharing patient data, streamlining administrative processes, and improving medical research and outcomes. By providing a secure and interoperable platform for sharing sensitive health information, blockchain can enable more efficient healthcare delivery and better coordination between healthcare providers. For example, projects like MedRec and Medicalchain are using blockchain technology to create patient-centric electronic health records (EHRs), which give patients more control over their health data and facilitate secure data sharing between healthcare providers. Additionally, blockchain technology can increase the transparency and efficiency of the voting and election process by providing a secure, tamper-proof platform for recording and verifying votes. By leveraging blockchain cryptographic algorithms and decentralized consensus mechanisms, election authorities can ensure the integrity of the election process and prevent fraud or manipulation. For example, countries like Estonia and Switzerland are exploring blockchain-based voting systems to improve election security and increase voter turnout. However, it is essential to realize that the implementation of blockchain solutions requires careful consideration of technical, regulatory and governance issues. Although blockchain offers many benefits such as transparency, security and decentralization, it is not a one-size-fits-all solution and may not be suitable for every use case. Additionally, interoperability and scalability remain significant barriers to the widespread adoption of blockchain, requiring collaboration and standardization across industries. In short, blockchain technology offers a wide range of applications beyond cryptocurrencies, with the potential to revolutionize industries such as supply chain management, healthcare, and voting. By adopting blockchain solutions and exploring innovative use cases, businesses and organizations can harness the transformative power of decentralized technology to drive efficiency, transparency and innovation. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** blockchain, Blockchain Technology, Defi --- ### [Discover the Latest Cartesi (CTSI) New Coin Listing Unveiled!](https://blog.unocoin.com/discover-the-latest-cartesi-ctsi-new-coin-listing-unveiled/) **Published:** March 27, 2024 **Author:** Unocoin Growth **Content:** In the rapidly evolving landscape of blockchain technology, scalability and flexibility have emerged as critical challenges for developers looking to build innovative decentralized applications (dApps). Enter Cartesi, a blockchain-focused company poised to change the way developers interact with and beyond the Ethereum network. Let’s dive into Cartesi’s groundbreaking features and key moments and explore its potential impact on the blockchain ecosystem. ##### **Overcoming EVM limitations with Cartesi** Cartesi offers digests for specific Linux runtime applications, providing developers with a powerful solution to overcome the limitations of the Ethereum Virtual Machine (EVM). Unlike traditional EVM-based [dApps](https://blog.unocoin.com/2024/01/10/decentralized-finance-2-0-latest-protocols-and-developments/), Cartesi provides a full CPU for each dApp, allowing developers to build more complex and computationally intensive applications without competing for computing power. ##### **Key advantages of Cartesi technology** - **Full CPU for each dApp:** With Cartesi Rollups, developers can unleash the full computing power of their dApps without the limitations of shared computing on Ethereum. - **Open Source Libraries:** The Cartesi Virtual Machine allows developers to move beyond EVM and gain access to a comprehensive set of open-source libraries, programming languages ​​and tools, increasing the flexibility and scalability of their projects. - **Versatile roll-up solutions:** Cartesi Rollups can be deployed as a second or third-layer scaling solution, giving developers the flexibility to choose the most suitable architecture for their Dapps. - **Exploration Space:** Cartesi’s innovative approach opens up a rich new design space for developers, supporting decades of existing code libraries and allowing them to explore new possibilities in blockchain development. - **Full OS:** Developers can deploy advanced operating systems inside the Cartesi virtual machine, which offers unmatched flexibility and functionality for building complex Dapps. ##### **Building a living ecosystem** Cartesi is more than just a technology platform – it’s a thriving open-source project supported by a diverse ecosystem of independent teams, companies and individuals. Cartesi’s transparent and public ecosystem fosters collaboration and innovation, pushing the development of blockchain technology forward. ##### **Power your blockchain journey with Cartesi on Unocoin** Unocoin is proud to announce the availability of Cartesi (CTSI) on our platform. As India’s leading cryptocurrency exchange, we are committed to providing our users with access to cutting-edge blockchain technology and investment opportunities. With Cartesi now listed on Unocoin, developers and enthusiasts can explore the revolutionary potential of blockchain development and unlock new possibilities for innovation. Whether you are an experienced developer or new to the blockchain world, Cartesi on Unocoin offers a gateway to a brighter future in decentralized technology. As CTSI is listed on Unocoin Join us and [start your journey](https://unocoin.com/in/exchange/inr/ctsi) with Cartesi today! Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** Buy Cartesi in India, Cartesi token, Cryptocurrency, CTSI listed --- ### [Are You Ready to Explore DeFi's Latest Innovations and Future Possibilities?](https://blog.unocoin.com/are-you-ready-to-explore-defis-latest-innovations-and-future-possibilities/) **Published:** March 25, 2024 **Author:** Unocoin Growth **Content:** Decentralized finance (DeFi) has emerged as one of the most exciting and transformative innovations in the cryptocurrency space, offering new opportunities for financial inclusion, efficiency and transparency. By leveraging blockchain technology and smart contracts, DeFi platforms allow users to access a wide range of financial services without relying on traditional intermediaries such as banks or brokers. One of the key innovations of DeFi is its ability to facilitate peer-to-peer lending and borrowing without the need for centralized institutions. Users can lend their cryptocurrencies and earn interest or borrow assets using their cryptocurrency holdings as collateral, all through[ decentralized platforms](https://blog.unocoin.com/2023/07/26/the-increasing-popularity-of-defi-and-its-potential-decentralized-finance/). This opens up access to financial services for individuals who may be excluded from traditional banking systems due to factors such as location, credit history or documentation requirements. In addition, DeFi platforms offer decentralized exchanges (DEXs) that allow users to trade cryptocurrencies directly with each other without relying on centralized exchanges. These DEXs provide greater privacy, security and control over assets compared to traditional exchanges, as users retain their funds throughout the trading process. In addition, automated market-making algorithms and liquidity pools enable seamless trading and price discovery without the need for order books or centralized intermediaries. ##### ***Also read: [Know the Leaders of Defi](https://blog.unocoin.com/2023/11/20/the-world-of-defi-visionaries-the-heroes-of-finance/)*** In addition, DeFi has enabled the creation of synthetic assets, decentralized stablecoins, and revenue-farming opportunities that allow users to earn passive income from their cryptocurrency holdings. Synthetic assets replicate the value of real-world assets such as fiat currencies, commodities or stocks, allowing users to gain access to these assets without actually owning them. Decentralized stablecoins pegged to the value of fiat currencies provide a reliable store of value and medium of exchange within the DeFi ecosystem. Revenue management involves providing liquidity to DeFi protocols in exchange for rewards such as additional tokens or interest payments, thereby incentivizing participation and providing liquidity. However, it is essential to realize that DeFi is still in its early stages of development and faces challenges such as scalability, security and regulatory uncertainty. As the space is constantly evolving, users need to do thorough research and exercise caution when participating in DeFi activities. In addition, regulatory scrutiny of DeFi platforms and projects may increase as they gain prominence, posing risks to users and developers. In short, exploring DeFi innovation opens up new possibilities for financial services and investment opportunities in cryptocurrency. By embracing decentralized platforms and experimenting with innovative DeFi protocols, users can unlock the full potential of blockchain technology and reshape the future of finance. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** decentralised Finance, Decentralized Exchange, Defi, Defi Innovations --- ### [How Institutional Inflows Influence Crypto Market Trends](https://blog.unocoin.com/how-institutional-inflows-influence-crypto-market-trends/) **Published:** March 22, 2024 **Author:** Unocoin Growth **Content:** The influx of institutional capital into the cryptocurrency market has been a significant driver of growth and legitimacy in recent years. Institutional investors, including hedge funds, asset managers and corporations, are increasingly allocating funds to cryptocurrencies as they recognize their potential as an asset class. One of the primary impacts of institutional inflows is increased liquidity and trading volume in the cryptocurrency market. Institutional investors bring significant capital and trading expertise, which can help stabilize prices and reduce volatility over time. For example, the entry of institutional investors into the Bitcoin market coincided with a decrease in price volatility and increased market liquidity. #### *Also Read: [Crypto ETF vs. Traditional ETFs: A Comparative Analysis](https://blog.unocoin.com/2024/02/23/crypto-etf-vs-traditional-etfs-a-comparative-analysis/)* In addition, the involvement of institutions can lead to greater acceptance and adoption of cryptocurrencies in the mainstream. As more institutional players enter the market, regulatory clarity and infrastructure improvements are likely to follow, further legitimizing cryptocurrencies as an investment asset. For example, the approval of Bitcoin futures contracts by the US Commodity Futures Trading Commission (CFTC) in 2017 paved the way for institutional investors to gain exposure to Bitcoin through regulated financial products. In addition, institutional inflows can have a positive impact on market sentiment, spark interest from retail investors and fuel further growth in the cryptocurrency market. Institutional support and investment can signal confidence in the long-term potential of cryptocurrencies and attract new investors and capital to the market. For example, announcements of institutional investments in Bitcoin by companies such as MicroStrategy and Square have been followed by price increases and increased interest in Bitcoin by retail investors. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** bitcoin adoption, Bitcoin Institutions, crypto market trends, Institutional Investments --- ### [How to Manage Crypto Volatility Like a Pro Trader](https://blog.unocoin.com/how-to-manage-crypto-volatility-like-a-pro-trader/) **Published:** March 21, 2024 **Author:** Unocoin Growth **Content:** Managing Crypto Volatility is a key challenge for investors in the cryptocurrency market, where prices can fluctuate significantly over short periods. While volatility presents profit opportunities, it also increases the risk of loss and requires careful risk management strategies. One approach to managing cryptocurrency volatility is to diversify across different cryptocurrencies and asset classes. By spreading investments across multiple assets, investors can reduce the impact of price fluctuations in any single asset on their overall portfolio. For example, allocating funds to Bitcoin and Ethereum and choosing altcoins with different risk-return profiles can help mitigate the impact of volatility on overall portfolio performance. Additionally, using risk management tools such as stop-loss orders and trailing stop orders can help limit losses during periods of high volatility. These orders automatically trigger a sale when the asset’s price reaches a predetermined level, helping investors protect their capital. For example, setting a stop-loss order at a certain percentage below the purchase price can help investors limit potential losses if the price of a cryptocurrency experiences a sudden drop. Additionally, taking a long-term investment horizon and focusing on fundamental analysis can help investors weather short-term price swings. Investors can maintain confidence in their investments despite market volatility by focusing on the underlying technology, adoption trends and growth potential of cryptocurrencies. For example, investors who believe in the long-term potential of blockchain technology may choose to hold their investments through short-term price fluctuations rather than panic selling during a market downturn. #### *Also Read: [How to Build Your Ideal Crypto Portfolio](https://blog.unocoin.com/2024/03/19/how-to-build-your-ideal-crypto-portfolio/)* It is also essential to remain disciplined and avoid impulsive decisions based on short-term price movements. Emotional reactions to market volatility can lead to costly mistakes, such as panic selling during price declines or FOMO purchases during price rises. Developing a solid investment plan and sticking to it can help investors focus on their long-term goals and avoid getting caught up in market volatility. In short, managing cryptocurrency volatility requires a combination of diversification, risk management, and long-term investment thinking. By implementing these strategies and maintaining discipline, investors can navigate market fluctuations and achieve long-term success in the cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Crypto Investment, Crypto Volatility, fomo, Long term Holding --- ### [How to Build Your Ideal Crypto Portfolio](https://blog.unocoin.com/how-to-build-your-ideal-crypto-portfolio/) **Published:** March 19, 2024 **Author:** Unocoin Growth **Content:** Building a well-diversified crypto portfolio is essential for investors looking to manage risk and maximize returns in the digital asset space. By spreading investments across different cryptocurrencies, asset classes and investment strategies, investors can balance growth potential and risk mitigation. One approach to creating a cryptocurrency portfolio is to allocate investments based on risk tolerance and investment goals. Conservative investors may prefer to allocate more of their portfolio to established cryptocurrencies such as Bitcoin and Ethereum, which have a long history of stability and liquidity. On the other hand, more aggressive investors may be willing to take on higher risk in pursuit of potentially higher returns. These investors can allocate a portion of their portfolio to smaller-cap altcoins with significant growth potential but higher volatility. #### *Know the Art of Crypto Diversification:* In addition, diversification across different investment strategies can help reduce risk and improve overall portfolio performance. Strategies such as long-term hodling, active trading, staking and participating in decentralized finance (DeFi) platforms offer different risk and return profiles and can complement each other within a [diversified portfolio](https://blog.unocoin.com/2023/10/11/altcoin-analysis-the-pros-and-cons-of-diversifying-your-crypto-portfolio/). Regular portfolio rebalancing to maintain the desired asset allocation and risk level is critical to long-term success. As market conditions and investment opportunities change, investors should reassess their portfolios and adjust accordingly. For example, if a particular cryptocurrency experiences significant price appreciation and becomes overweight in the portfolio, investors may consider rebalancing by selling some holdings and reallocating funds to underperforming assets or alternative investment opportunities. In short, creating a cryptocurrency portfolio requires careful consideration of risk tolerance, investment objectives, and diversification strategies. Through thoughtful investment allocation and discipline, investors can build a portfolio that aligns with their financial goals and maximizes long-term returns. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** building crypto portfolio, Crypto Investment, how to diversify crypto --- ### [Investing in Crypto? Here's What You Need to Know About Regulations](https://blog.unocoin.com/investing-in-crypto-heres-what-you-need-to-know-about-regulations/) **Published:** March 15, 2024 **Author:** Unocoin Growth **Content:** Familiarity with cryptocurrency regulations is essential for investors who want to participate responsibly and in accordance with the rules in the digital asset space. As governments around the world implement various regulatory measures, being informed about the legal environment is critical to mitigating risk and ensuring compliance. One approach to navigating cryptographic regulations is to keep up-to-date on regulatory developments in various jurisdictions. While some countries have embraced cryptocurrencies and blockchain technology, others have taken a more cautious or restrictive approach. Understanding the regulatory environment in specific regions can help investors make informed decisions about their investments. For example, countries like Switzerland and Singapore have established clear regulatory frameworks that provide certainty and foster innovation in the cryptocurrency industry. #### Also view: Prevention of Money Laundering Act (PMLA) Furthermore, compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is essential for investors and cryptocurrency exchanges. By verifying the identity of their users and implementing robust AML procedures, exchanges can prevent illicit activities such as money laundering and terrorist financing. For example, cryptocurrency exchanges in regulated jurisdictions typically require users to undergo identity verification and adhere to strict AML/KYC procedures to comply with regulatory requirements. Additionally, investors should be aware of tax implications associated with cryptocurrency investments. Capital gains taxes, reporting requirements, and tax treatment of different types of transactions can vary depending on the jurisdiction. Seeking advice from tax professionals can help investors navigate these complexities and ensure compliance with tax laws. For example, some countries tax cryptocurrency gains as capital gains, while others treat them as income subject to different tax rates. In summary, navigating crypto regulations requires a thorough understanding of the legal landscape, compliance with KYC/AML regulations, and awareness of tax implications. By staying informed and adhering to regulatory requirements, investors can mitigate risks and navigate the cryptocurrency market successfully. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** AML, cryptocurrency Regulations, Kyc, PMLA --- ### [Riding the Wave Exploring Crypto Market Trends](https://blog.unocoin.com/riding-the-wave-exploring-crypto-market-trends/) **Published:** March 13, 2024 **Author:** Unocoin Growth **Content:** Observing market changes in the cryptocurrency market is essential for investors looking to take advantage of emerging trends and opportunities. By identifying changes in market dynamics and investor sentiment, investors can adjust their strategies accordingly and stay ahead. One method to detect changes in the market is to analyze trading volume and price movements across different cryptocurrencies. Sudden jumps in trading volume or significant price fluctuations can indicate a change in market sentiment or the emergence of new trends. For example, increased trading activity and rising prices of decentralized finance (DeFi) tokens may signal growing interest in DeFi projects and protocols. #### Also read: [Decrypting the Ethereum ETF](https://blog.unocoin.com/2024/03/11/decrypting-the-ethereum-etf-what-you-need-to-know/) In addition, monitoring social media platforms, forums and news sites can provide valuable information on investor sentiment and market trends. Mentions of specific cryptocurrencies, discussions of new projects or developments, and regulatory news can affect market sentiment and influence price movements. For example, regulatory announcements or changes in government policy regarding cryptocurrencies can significantly affect market sentiment and investment decisions. Staying up-to-date on technological advancements and developments in the cryptocurrency space can help investors anticipate changes in the market. Projects with innovative solutions or partnerships with established companies can attract increased attention and investment, which increases prices. For example, the integration of blockchain technology into traditional industries such as finance, supply chain management and healthcare may signal wider adoption and growth opportunities in these industries. In short, recognizing changes in the market requires a combination of technical analysis, sentiment analysis, and awareness of industry developments. By remaining vigilant and adaptable, investors can take advantage of emerging trends and opportunities in the cryptocurrency market while mitigating risk. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** crypto market, crypto market trends, crypto market updates, crypto trends --- ### [Decrypting the Ethereum ETF What you Need to Know?](https://blog.unocoin.com/decrypting-the-ethereum-etf-what-you-need-to-know/) **Published:** March 11, 2024 **Author:** Unocoin Growth **Content:** The recent introduction of Ethereum exchange-traded funds (ETFs) has expanded investment opportunities in the cryptocurrency market, giving investors exposure to the world’s second-largest cryptocurrency by market capitalization. Ethereum ETFs work similarly to Bitcoin ETFs, allowing investors to buy and sell shares on traditional exchanges. One of the main advantages of Ethereum ETFs is affordability. Similar to Bitcoin ETFs, Ethereum ETFs offer mainstream investors a convenient and familiar way to invest in Ethereum without the complexities of owning and storing digital assets. This availability can help expand Ethereum’s investor base and encourage further adoption. In addition, Ethereum ETFs offer liquidity and transparency, with prices closely tracking the underlying value of Ethereum. This transparency ensures that investors can easily buy and sell shares at market prices, alleviating concerns about price manipulation or irregularities. ## Also, read [Bitcoin ETFs Impact ](https://blog.unocoin.com/2024/03/04/navigating-the-bitcoin-etf-landscape/) However, investors should be aware of the risks associated with Ethereum ETFs. Like any investment, Ethereum ETFs are subject to market volatility and regulatory uncertainty. Additionally, management fees and expenses associated with ETFs can affect overall returns, especially during periods of low volatility. Despite these risks, Ethereum ETFs are an attractive option for investors looking to gain exposure to Ethereum price movements. By understanding how Ethereum ETFs work and performing due diligence, investors can make informed decisions about including them in their investment portfolios. In conclusion, the introduction of ETH ETFs expands investment opportunities in the cryptocurrency market and offers mainstream investors a convenient way to access Ethereum’s potential growth. While Ethereum ETFs carry inherent risks, their availability and transparency make them a compelling option for investors seeking exposure to Ethereum. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, News **Tags:** Ethereum, Ethereum ETF, Ethereum ETF approval, ethereum ETFs, impact of Bitcoin etf on ethereum ETF --- ### [Comprehensive Guide to ALT coins](https://blog.unocoin.com/comprehensive-guide-to-alt-coins/) **Published:** March 8, 2024 **Author:** Unocoin Growth **Content:** While Bitcoin remains the flagship cryptocurrency, the broader crypto market offers a plethora of alternative coins (altcoins) with unique value propositions and investment potential. Unlocking opportunities in the altcoin space requires a keen eye and a thorough understanding of the fundamentals of each project. One approach to identifying promising altcoins is to assess their underlying technology and use cases. Projects that offer innovative solutions to real-world problems or target underserved markets may have long-term growth prospects. For example, [decentralized finance (DeFi) platforms](https://blog.unocoin.com/2023/11/20/the-world-of-defi-visionaries-the-heroes-of-finance/) allow users to access financial services without intermediaries, while blockchain-based supply chain projects increase transparency and traceability. Additionally, it is crucial to evaluate the team behind the altcoins and their track record. A competent and experienced team with a clear plan and proven ability to execute can instil confidence in a project’s potential for success. Community engagement and developer activity are also important indicators of a project’s viability and long-term viability. However, it is essential to approach investing in altcoins with caution, as the market is full of scams and speculative projects. Conducting thorough due diligence, including examining whitepapers, analyzing tokenomics and assessing community sentiment, can help investors separate legitimate projects from scams or pump-and-dump schemes. Additionally, diversification is key when investing in altcoins. Spreading investments across multiple projects reduces the risk of significant losses due to the underperformance of any single asset. Staying abreast of market trends and regulatory developments can help investors adjust their strategies and effectively mitigate risk. In short, unlocking altcoin opportunities requires a combination of research, due diligence and risk management. By identifying projects with strong fundamentals, diversifying portfolios and staying informed, investors can take advantage of the diverse opportunities offered by the altcoin market while mitigating risks. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Bitcoin Price Projections in 2024](https://blog.unocoin.com/bitcoin-price-prediction-2024/) **Published:** March 6, 2024 **Author:** Unocoin Growth **Content:** Predicting the price of Bitcoin in 2024 is a challenging task due to the inherent volatility of the cryptocurrency and the myriad factors that influence its price movements. However, a few key considerations can provide insight into potential price trajectories. One factor to consider is Bitcoin’s adoption curve. As more individuals, institutions, and governments accept Bitcoin as a legitimate asset class and medium of exchange, demand is likely to increase, which may lead to price increases. For example, if Bitcoin were to achieve widespread acceptance as a global reserve currency or hedge against inflation, its price could appreciate significantly. In addition, macroeconomic factors such as monetary policy, inflation rates, and geopolitical tensions can affect the price of Bitcoin. Historically, Bitcoin has shown a positive correlation with traditional safe-haven assets such as gold during times of economic uncertainty or market volatility. Any development that erodes trust in fiat currencies or traditional financial systems could therefore strengthen bitcoin’s appeal as a store of value. Technological advancements and improvements in Bitcoin’s network infrastructure could also affect its price trajectory. Improvements such as the [Lightning Network](https://blog.unocoin.com/2018/02/24/what-is-bitcoins-lightning-network/), which aim to improve Bitcoin’s scalability and transaction throughput, could increase its utility and adoption, thereby fueling demand and price appreciation. However, it is necessary to approach price forecasts with caution, as unexpected events or regulatory interventions can disrupt market dynamics. While analyzing historical price trends and market indicators can provide valuable insights, predicting the price of Bitcoin with certainty remains elusive. In short, predicting the price of Bitcoin in 2024 requires a holistic understanding of its adoption curve, macroeconomic environment, technological developments, and regulatory environment. While the future trajectory of Bitcoin remains uncertain, being informed and monitoring relevant factors can help investors make more informed decisions about their Bitcoin investments. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog **Tags:** Bitcoin Price, bitcoin price in 2024, Bitcoin Price Prediction, cryptocurrency prices in 2024 --- ### [Navigating the Bitcoin ETF Landscape](https://blog.unocoin.com/navigating-the-bitcoin-etf-landscape/) **Published:** March 4, 2024 **Author:** Unocoin Growth **Content:** Bitcoin exchange-traded funds (ETFs) have proven to be a popular investment vehicle for gaining exposure to bitcoin price movements without directly owning the underlying asset. These ETFs work much like traditional stock ETFs, allowing investors to buy and sell stocks on regulated exchanges. One of the main advantages of Bitcoin ETFs is affordability. Unlike buying Bitcoin directly from [cryptocurrency exchanges](http://unocoin.com/in?utm_source=blog&utm_medium=website), which can be daunting for some investors, Bitcoin ETFs offer a familiar and convenient investment vehicle. This availability has contributed to the popularity of Bitcoin ETFs among mainstream investors seeking exposure to the cryptocurrency market. Additionally, Bitcoin ETFs provide liquidity and transparency, with prices closely tracking the underlying value of Bitcoin. This transparency alleviates concerns about price manipulation and ensures that investors can easily buy and sell shares at market prices. However, investors should be aware of the risks associated with Bitcoin ETFs. Like any investment, Bitcoin ETFs are subject to market volatility and regulatory risks. Additionally, management fees associated with ETFs can erode returns over time, especially during periods of low volatility. Despite these risks, Bitcoin ETFs are an attractive option for investors looking to gain exposure to Bitcoin without the complexity of owning and storing digital assets. By understanding how Bitcoin ETFs work and performing due diligence, investors can make informed decisions about including them in their investment portfolios. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Development --- ### [Bull Run Insights for the Savvy Investor](https://blog.unocoin.com/bull-run-insights-for-the-savvy-investor/) **Published:** March 1, 2024 **Author:** Unocoin Growth **Content:** The cryptocurrency market has experienced remarkable growth in recent years, marked by the meteoric rise of Bitcoin and the proliferation of alternative coins (altcoins). Navigating this volatile environment requires a deep understanding of market dynamics and strategic decision-making. One of the key aspects of navigating the crypto wave is understanding the underlying cryptocurrency technology. Blockchain, the decentralized ledger technology that underpins most cryptocurrencies, enables secure and transparent transactions without the need for intermediaries. Understanding blockchain technology can help investors distinguish between viable projects and speculative ventures. Additionally, keeping abreast of market trends and developments is critical to successfully managing the rise of cryptocurrencies. For example, the emergence of [decentralized finance (DeFi) platforms](https://blog.unocoin.com/2023/11/20/the-world-of-defi-visionaries-the-heroes-of-finance/) has revolutionized traditional financial services, offering users access to lending, borrowing and trading without intermediaries. By staying informed about such innovations, investors can identify emerging opportunities and trends. However, the crypto market is not without risks. Volatility is a hallmark of the cryptocurrency space, with prices often fluctuating significantly over short periods. Additionally, there is a lot of regulatory uncertainty looming as governments around the world grapple with how to regulate cryptocurrencies. Investors must navigate these risks by adopting sound risk management practices and staying informed of regulatory developments. Despite these challenges, the surge in cryptocurrency presents unique investment opportunities. For example, bitcoin’s limited supply and growing institutional adoption have fueled its narrative as digital gold—a store of value immune to inflationary pressures. Similarly, altcoins offer investors exposure to innovative projects with disruptive potential in various industries, such as decentralized applications (dApps), [non-fungible tokens (NFTs)](https://blog.unocoin.com/2024/02/28/nfts-in-trading-exploring-the-intersection-of-non-fungible-tokens-and-market/), and blockchain-based gaming. In conclusion, navigating the crypto wave requires a combination of technical understanding, market awareness and risk management. By staying informed, taking a long-term perspective, and diversifying their portfolios, investors can tap into the transformative potential of cryptocurrencies while mitigating risk. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog --- ### [Starting March 2023 , Unocoin introduces custodial fees](https://blog.unocoin.com/starting-march-2023-unocoin-introduces-custodial-fees/) **Published:** March 21, 2023 **Author:** Unocoin Growth **Content:** Dear Unocoiners, Starting from March 2023, Unocoin is introducing custodial fees of 0.0001 BTC per month for inactive trading accounts. This fee is inclusive of 18% GST. **So, why are we doing this?** The decision to start applying custodial fees was not easy, especially when many of the exchanges do not charge this explicitly. Since 2013, we have applied some of the world’s best technologies to secure crypto deposits of our customers. There is a service and maintenance fee that Unocoin pays to provide the crypto deposit, withdrawal and storage services. There is also a fee that we pay to evaluate individual crypto deposits and withdrawals to detect any illicit trail behind such deposits or with withdrawal addresses. Cold storage solution which holds more than 90% of crypto deposits is completely managed by Unocoin. On the other hand, when our customers trade, the fee we get from them helps us cover some of these costs. **So, this custodial fee is only applicable for inactive accounts.** **Why is Unocoin charging this while most exchanges do not?** Various crypto exchanges have employed different strategies when it comes to handling user’s crypto deposits. Some of them even had to shut shop for losing deposits when they tried to trade using those deposits. On the other hand, there are a few exchanges who do not allow crypto withdrawals at all. At Unocoin, we do not expose our customer’s crypto deposits to such risks, we put best possible efforts to keep crypto balances accessible to our users at all times, and none of the Unocoin’s customers have suffered the loss of their crypto deposits while utilising our wallet services in the last 10 years. **To better explain our new fee structure, we’ve outlined the main points below:** - The custodial fee gets charged at the end of the month (even though you may see the invoice being raised on the following day). - If the user completes any trade (brokerage or exchange order) or has an active loan /or Earn Interest in that month, the custodial charges will be waived off. - For accounts with crypto value more than 0.0001 BTC equivalent, the custody fee of 0.0001 BTC will be charged. If enough BTC is not there, we charge to other crypto deposits in the same order of how we have listed on our exchange chronologically. Having INR balance does not count towards custody service. - For accounts with crypto value less than 0.0001 BTC, the custody fee is still charged but the balances will not be taken negative. - For accounts with crypto value that is zero, the custody fee is not applicable as we are not custodying crypto deposits for them. **At Unocoin**, we take our responsibilities as a custodial wallet provider very seriously. We understand that customers rely on us to keep their crypto funds safe and accessible at all times. Custodial fees will help us continue to provide the highest level of service to our customers and maintain a secure crypto ecosystem. **Regulatory Compliance:** As a responsible cryptocurrency exchange, Unocoin adheres to strict regulatory requirements to ensure the reliability of the company and its services to the highest possible extent. Apart from customers, even Govt agencies trust Unocoin for custodying their crypto assets mostly obtained from confiscation. **Expert Support:** Our customer support team is available 24/7 to help customers with any questions or issues they may have. We recognise that our customers may have questions or concerns about this new fee structure, and our team is available to answer any questions or provide further clarification reach out to us at support@unocoin or on our telegram group [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) We encourage all customers to read this notice carefully and contact our support team for further information or assistance. Thank you for your continued trust and support in Unocoin. Best regards, The Unocoin Team **Categories:** Blog, Featured, News **Tags:** Bitcoin Crypto, Crypto, Unocoin, Wallet --- ### [NFTs in Trading: Exploring the Intersection of Non-Fungible Tokens and Market](https://blog.unocoin.com/nfts-in-trading-exploring-the-intersection-of-non-fungible-tokens-and-market/) **Published:** February 28, 2024 **Author:** Unocoin Growth **Content:** The revolutionary rise of non-fungible tokens (NFTs) has spread beyond the realm of art and entertainment, having a significant impact on traditional business markets. In this 1,500-word blog, we’ll delve into the fascinating intersection of NFTs and trading and explore the multifaceted role these unique digital assets play in various markets. ## **Explanation of NFT:** Create a basic understanding of NFTs, highlighting their unique properties and underlying blockchain technology that makes them non-fungible, rare and indivisible. ### **NFT Beyond Art:** Explore the various applications of NFTs outside of the arts and entertainment industry. Discuss how NFTs are penetrating industries such as real estate, gaming, collectibles, and intellectual property. ### **NFTs in traditional markets:** Explore the integration of NFTs into traditional trading markets. Discuss how traditional assets such as stocks and commodities are being tokenized as NFTs, opening up new possibilities for fractional ownership and liquidity. ### **Tokenized securities and NFTs:** Immerse yourself in the concept of tokenized securities represented by NFTs. Explore how companies are using blockchain technology to issue tokenized versions of stocks and securities, providing investors with increased liquidity and transparency. ### **NFTs and the Future of Finance:** Discuss the transformative potential of NFTs in shaping the future of finance. Explore decentralized finance (DeFi) platforms that use NFTs for collateral, loans and other financial services. ### **Trading platforms and NFTs:** Highlight the emergence of trading platforms dedicated to NFTs. Discuss how these platforms make it easier to buy, sell, and trade NFTs, creating new marketplaces and opportunities for creators and investors alike. ### **NFTs as collateral in DeFi:** Explore the use of NFTs as collateral in decentralized finance. Discuss how NFT-backed loans and liquidity pools contribute to the growth of the DeFi ecosystem and provide additional avenues for traders. ### **Risks and challenges:** Address the potential risks and challenges associated with NFT trading. Discuss issues such as intellectual property concerns, market volatility and the importance of due diligence when investing in NFTs. ### **Regulatory landscape:** Explore the evolving regulatory landscape around NFTs in trading. Discuss how regulators are responding to the intersection of NFTs and traditional markets and the implications for market participants. ### **Future trends and innovations:** Finally, speculate on future trends and innovations at the intersection of NFTs and trading. Discuss how technological advances, market dynamics and regulatory developments may shape the trajectory of NFTs in various trading markets. #### **Conclusion:** The fusion of NFTs and traditional trading markets opens a new chapter in the development of digital assets. This blog serves as a guide that explores the various applications, challenges and future possibilities as NFTs continue to redefine the trading landscape across industries. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Nft, Unocoin --- ### [From HODL to Profits: Exploring Crypto Passive Income Strategies](https://blog.unocoin.com/from-hodl-to-profits-exploring-crypto-passive-income-strategies/) **Published:** February 26, 2024 **Author:** Unocoin Growth **Content:** In the dynamic world of cryptocurrencies, the shift from “HODL” to yield has become a distinct trend. This 1,500-word blog takes readers through the landscape of passive income strategies in cryptocurrencies and explores different options for maximizing returns while holding digital assets. ## **HODLing: Crypto culture:** Set the stage by revisiting the concept of “HODLing” in the crypto community. Explore its origins, meaning, and how it evolved from a simple typo to a cultural phenomenon. ### **The Rise of Cryptocurrency Passive Income:** Explore the shift towards generating passive income in the crypto space. Discuss factors contributing to this trend, such as decentralized finance (DeFi) protocols, staking, and revenue management. ### **Prize bets:** Explore the concept of staking as a passive income strategy. Dive into how investors can earn rewards by participating in the validation process of blockchain networks, providing security, and earning a share of network fees. ### **Profitable agriculture and liquidity funds:** Discuss the complexities of revenue management and liquidity pools in decentralized finance. Explain how users can provide liquidity to DeFi protocols and earn returns in the form of interest, fees or management tokens. ### **Lending and lending platforms:** Explore lending and borrowing platforms in the crypto space. Explore how users can lend their digital assets to earn interest or borrow assets by providing collateral, contributing to the expanding ecosystem of decentralized finance. ### **Automated Revenue Strategies:** Discuss the emergence of automated revenue strategies such as algorithmic trading and revenue optimization platforms. Explore how these tools use sophisticated algorithms to maximize returns on cryptocurrency holdings. ### **Passive income risk management:** Focus on the importance of risk management when engaging in passive income strategies. Discuss the potential risks associated with different approaches and provide information on how investors can effectively mitigate them. ### **Governance and Participation Tokens:** Explore the role of governance tokens in DeFi platforms. Discuss how holding these tokens can empower users to participate in the decision-making processes of decentralized protocols. ### **Tax implications:** Highlight the tax implications of generating passive income in the crypto space. Discuss how tax regulations apply to different strategies and the importance of complying with local tax laws. ### **The future of passive income in cryptocurrencies:** Finally, speculate on the future of passive income strategies in cryptocurrency. Discuss potential innovations, regulatory developments and emerging trends that could shape the passive income ecosystem. #### **Conclusion**: From HODL to returns, the crypto landscape offers investors countless opportunities to generate passive income. This blog serves as a comprehensive guide that enables readers to navigate different strategies, manage risk and make informed decisions as they embark on the journey of earning while holding their digital assets. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Crypto ETF vs. Traditional ETFs: A Comparative Analysis](https://blog.unocoin.com/crypto-etf-vs-traditional-etfs-a-comparative-analysis/) **Published:** February 23, 2024 **Author:** Unocoin Growth **Content:** In the rapidly evolving investment landscape, the clash between crypto exchange-traded funds (ETFs) and traditional ETFs is coming to the fore. This 1,500-word blog will provide an in-depth comparative analysis that will illuminate the similarities, differences, and potential implications for investors. ## **Understanding ETFs:** Provide basic knowledge of crypto and traditional ETFs. Explore how these investment vehicles work, offering diversified exposure to different assets when trading on the stock exchanges. ### **Cryptocurrency ETFs – The New Frontier:** Dive into the emergence of cryptocurrency ETFs, highlighting their unique features and how they differ from traditional ETFs. Discuss the challenges and regulatory considerations associated with this relatively new investment avenue. ### **Market dynamics and liquidity:** Compare the market dynamics and liquidity of crypto ETFs with their traditional counterparts. Analyze how market trends, trading volumes and investor behavior differ between them. ### **Risk and Volatility:** Explore the risk and volatility profiles of crypto and traditional ETFs. Discuss how the inherent volatility of cryptocurrencies can affect the risk/reward ratio for investors compared to relatively stable traditional assets. ### **Regulatory environment:** Explore the regulatory environment that governs crypto and traditional ETFs. Discuss how regulatory clarity, or lack thereof, can affect investor confidence and overall market dynamics. ### **Performance metrics:** Compare the performance metrics of crypto and traditional ETFs. Assess historical returns, tracking errors, and other relevant metrics to gain insight into their respective records. ### **Advantages of diversification:** Evaluate the diversification benefits offered by both types of ETFs. Discuss how each addresses portfolio risk through exposure to different asset classes and whether any have a distinct advantage. ### **Security and Custody Concerns:** Address the security and custody concerns associated with holding crypto assets within an ETF. Discuss how these concerns compare to the safeguards used in traditional ETFs. ### **Market Sentiment and Acceptance:** Explore how market sentiment affects the adoption of crypto and traditional ETFs. Discuss the role of public perception, institutional interest, and broader market trends in shaping investor preferences. ### **Investor considerations and strategies:** Provide practical information for investors considering crypto or traditional ETFs. Discuss factors to consider, risk management strategies, and how each type of ETF fits different investment objectives. #### **Conclusion:** As the clash between crypto ETFs and traditional ETFs intensifies, this comparative analysis aims to provide investors with a detailed understanding of both investment vehicles. By examining their similarities, differences and potential implications, investors can make informed decisions in a complex and evolving investment environment. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, etf, Unocoin --- ### [The Metaverse Coin Craze: Investing in Virtual Real Estate and Beyond](https://blog.unocoin.com/the-metaverse-coin-craze-investing-in-virtual-real-estate-and-beyond/) **Published:** February 21, 2024 **Author:** Unocoin Growth **Content:** As the metaverse takes center stage, the rise of metaverse coins represents a new frontier for investors. In this 1,500-word blog post, we’ll explore the excitement surrounding the Metaverse Coin Craze and focus on virtual real estate investment strategies and navigating the vast opportunities in this evolving digital landscape. ## **Definition of Metaverse:** Set the scene by defining metaversion, explaining its concept, and quickly integrating it into our digital lives. Explore its potential and the driving forces behind the Metaverse Coin Craze. ### **Rise of Metaverse Coins:** Explore the emergence of metaverse-specific cryptocurrencies and tokens. Discuss how these coins are uniquely positioned to benefit from the growing interest in virtual experiences, decentralized applications (DApps) and virtual real estate within the metaverse. ### **Investing in virtual real estate:** Immerse yourself in the world of virtual real estate within the metaverse. Explore platforms and marketplaces where investors can acquire, develop and monetize virtual properties. Discuss the potential for long-term value and returns in the virtual real estate market. ### **Metaverse Coin Projects and Platforms:** Highlight key metaverse coin projects and platforms like Decentraland, Sandbox and more. Provide insight into their unique features, partnerships and development plans to help investors make informed decisions. ### **NFT and Metaverse Integration:** Explore the intersection of non-fungible tokens (NFTs) and metaversion. Discuss how NFTs increase the ownership and authenticity of virtual assets, including virtual real estate, avatars, and game items. ### **Risks and challenges:** Be aware of the risks and challenges of investing in metaverse coins. Discuss market volatility, regulatory uncertainties, and potential technology barriers that investors should be aware of. ### **Metaverse Games and Entertainment:** Explore the role of games and entertainment within the metaverse. Discuss how metaverse coins support immersive gaming experiences, virtual events and entertainment platforms and create various investment opportunities. ### **Community and social aspect:** Emphasize the importance of community involvement in the metaversion. Discuss how active communities contribute to the success of metaverse projects and how social interaction in virtual spaces can drive the value of related coins. ### **Broader technological implications:** Explore the broader technological implications of metaversion beyond coins and tokens. Discuss innovations such as blockchain interoperability, decentralized identity, and the integration of artificial intelligence within the metaverse. ### **Long-term vision and future trends:** Finally, discuss the long-term vision of metaversion and potential future trends. Focus on the evolving nature of virtual experiences, advances in technology, and the role of metaverse coins in shaping the digital landscape. #### **Conclusion:** Amid the Metaverse Coin Craze, investing in virtual real estate and exploring the vast opportunities within the metaverse requires a strategic approach. This blog serves as a guide for investors, offering insights into the exciting world of meta coins and paving the way for informed decision-making in this dynamic and transforming space. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, metaverse, Unocoin --- ### [Riding the Bull: Strategies for Profitable Bull Market Trading](https://blog.unocoin.com/riding-the-bull-strategies-for-profitable-bull-market-trading/) **Published:** February 19, 2024 **Author:** Unocoin Growth **Content:** As cryptocurrency markets grow in a bullish trend, strategic trading becomes essential to maximize profits. In this comprehensive blog post, we’ll delve into effective strategies tailored to navigate and take advantage of the opportunities presented by a bull market. ## **Understanding Bull Markets:** Begin by defining and understanding the characteristics of a bull market. Explore the psychological factors that trigger bullish sentiment and how market participants react during these phases. ### **Market analysis and research:** Emphasize the importance of thorough market analysis and research. Discuss tools and techniques for evaluating potential investment opportunities, identifying trends, and understanding the underlying factors contributing to upward momentum. ### **Position size and risk management:** Focus on the importance of proper position sizing and risk management in a bull market. Explore strategies such as setting stop-loss orders and portfolio diversification to protect yourself from potential market reversals. ### **Technical Analysis for Bull Markets:** Dive into technical analysis tailored to bullish trends. Discuss key indicators, chart patterns and signals that can help traders make informed decisions in a bullish market. ### **The following strategy trends:** Explore trend-following strategies designed to capitalize on an uptrend in a bull market. Discuss how traders can align their positions with the prevailing trend while identifying potential reversal signals. ### **Momentum Trading Techniques:** Highlight momentum trading techniques that harness the power of price movements in a bull market. Discuss how traders can ride the wave of momentum and effectively identify entry and exit points. ### **Swing Trading Strategies:** Discuss swing trading as a versatile strategy in a bull market. Explore how swing traders can capitalize on short- to medium-term price swings while staying in line with the overall uptrend. ### **Considerations for Leverage and Margin Trading:** Traders are aware of the risks associated with leveraged and margin trading, even in a bull market. Emphasize the importance of using leverage responsibly and understanding the potential consequences. ### **Profit taking strategy:** Provide insight into profit-taking strategies to help traders lock in profits during a bull market. Discuss the importance of having a clear exit strategy and different methods for securing profits. ### **Continuous learning and adaptability:** Emphasize the dynamic nature of markets and the need for constant learning and adaptability. Encourage traders to stay informed of market developments, adapt strategies as needed and remain flexible in response to changing conditions. #### **Conclusion:** Riding a bull market requires a combination of strategic planning, disciplined execution and a commitment to continuous learning. By understanding the unique characteristics of bull markets and implementing effective trading strategies, investors can achieve profitable results. As the market evolves, the ability to adapt and stay ahead of trends remains paramount to trading successfully in bullish conditions. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, strategy, Trading, Unocoin --- ### [Nostalgic Crypto: Revisiting the Early Days of Bitcoin and Beyond](https://blog.unocoin.com/nostalgic-crypto-revisiting-the-early-days-of-bitcoin-and-beyond/) **Published:** February 12, 2024 **Author:** Unocoin Growth **Content:** Take a trip down memory lane in the world of cryptocurrencies, reminisce about the beginnings of Bitcoin and explore the evolution of the entire crypto ecosystem. In this blog post, we delve into the nostalgic aspects of cryptocurrency, reflect on its humble beginnings, and trace its remarkable journey to the present. ## **Origin of Bitcoin:** Discover the origins of Bitcoin, from the mysterious identity of Satoshi Nakamoto to the release of the Bitcoin whitepaper. Explore the initial vision and goals that laid the foundation for the decentralized revolution. ### **Pioneer altcoins:** Recall that alternative cryptocurrencies appeared, from Litecoin to Ripple, which tried to build on the principles established by Bitcoin. Explore the unique features and benefits of these early altcoins. ### **Mining and Community Participation:** Go back to the days when it was possible to mine bitcoins using personal computers and foster a sense of community participation. Consider how the landscape has changed with the advent of specialized mining hardware and large-scale mining operations. ### **Early Exchanges and Marketplaces:** Explore the first crypto exchanges and marketplaces that made it easy to trade digital assets. Compare the simplicity of early platforms with the sophistication of today’s exchanges, consider the challenges and innovations that shaped this evolution. ### **Crypto Milestones:** Highlight key milestones in cryptocurrency history, such as the first real-world Bitcoin transaction, the establishment of the first Bitcoin exchanges, and the development of blockchain technology beyond cryptocurrency. ### **Scalability and Technological Advancement:** Follow the development of blockchain technology, solutions to scalability issues and the introduction of new consensus algorithms. Explore technological advances such as smart contracts and decentralized applications (DApps) that have expanded blockchain use cases. ### **Regulatory developments:** Explore the changing regulatory landscape for cryptocurrencies, from the early days of uncertainty to current efforts to create clear frameworks. Discuss how regulatory developments have affected market dynamics and investor confidence. ### **Crypto in Popular Culture:** Celebrate the integration of cryptocurrencies into mainstream culture, from mentions of Bitcoin on TV shows to celebrities endorsing the digital asset. Analyze how increased visibility has affected public perception and acceptance. ### **Lesson learned:** Learn valuable lessons from cryptocurrency development, including market cycles, technological advancements, and the importance of community involvement. Discuss how these lessons can be taught by both newbies and seasoned crypto enthusiasts. ### **The Future of Nostalgic Crypto:** Speculate on the future of cryptocurrency with a nod to its nostalgic roots. Consider the potential impact of new technologies, regulatory developments, and community-driven initiatives on the next chapter of the cryptographic story. #### **Conclusion:** As we go back to the beginnings of Bitcoin and beyond, this nostalgic journey through cryptocurrency history serves not only as a reflection of the past, but also as a compass to guide us towards an exciting and dynamic future. Embrace the nostalgia, appreciate the progress and look forward to the continued evolution of the crypto landscape. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Exploring Arbitrage and Its Impact on Crypto Transactions](https://blog.unocoin.com/exploring-arbitrage-and-its-impact-on-crypto-transactions/) **Published:** February 9, 2024 **Author:** Unocoin Growth **Content:** ## **Arbitrium ARB is now listed on Unocoin** Ready to explore the potential of Arbitrum? Trade here on Unocoin and experience the future of blockchain efficiency: [Trade Now](https://unocoin.com/in/exchange/inr/btc) In the ever-evolving landscape of blockchain technology, efficiency and scalability are paramount. One pioneering solution that has made waves in the crypto community is Arbitrum, developed by Offchain Labs. But what exactly is Arbitrum and how does it work? Arbitrum is a layer 2 scaling solution designed to increase the performance of blockchain networks, especially Ethereum. At its core, Arbitrum uses a technology called Optimistic Rollup to speed up transactions and lower the cost of decentralized applications (dApps). By offloading most of the computations from the Ethereum main chain, Arbitrum optimizes performance while maintaining the security and integrity of the network. ### **Understanding the arbitrator’s approach** Arbitrum’s mission is clear: to solve the scalability and efficiency challenges faced by Ethereum dApps. By incorporating Optimistic Rollup, Arbitrum enables fast and cost-effective transactions and positions itself as a game changer in the blockchain space. With Arbitrum, developers and users alike can experience better throughput, lower fees, and better overall performance. ### **Key components of arbitration** To understand the full potential of Arbitrum, it is necessary to dive into its key components: ### **Arbitrum Virtual Machine (AVM):** The heart of Arbitrum is the Arbitrum virtual machine, which serves as an environment for executing smart contracts and computing tasks within the Arbitrum ecosystem. AVM is compatible with Ethereum’s EVM and enables seamless integration with existing Ethereum applications, allowing developers to easily deploy and execute smart contracts. ### **Arbitration Summary:** Arbitrum Rollup plays a key role in increasing scalability and reducing costs. By consolidating off-chain transactions into batches known as “rollups”, Arbitrum greatly improves the efficiency of the Ethereum network. These summaries are then verified and secured on the Ethereum blockchain, ensuring the integrity of transactions while increasing overall performance. ### **Arbitrum string:** As the primary blockchain network powering Arbitrum operations, Arbitrum Chain acts as a layer 2 solution on top of Ethereum. Utilizing Optimistic Rollup technology, Arbitrum Chain seamlessly integrates with Ethereum, managing off-chain calculations while Ethereum takes care of settlement and dispute resolution. This integration results in increased transaction throughput, lower fees, and the security of the Ethereum decentralized network. ### **How Arbitrum achieves scalability and performance** Arbitrum’s innovative approach to scalability and performance revolves around the use of Optimistic Rollup technology. By aggregating multiple off-chain transactions into batches and verifying them on the Ethereum blockchain, Arbitrum minimizes congestion and significantly increases transaction speed. This approach not only improves the user experience but also reduces costs, making it an ideal solution for optimizing blockchain operations. ### **How does Arbitrum work?** At its core, Arbitrum operates through an approach known as Arbitrum One – a variant of the Optimistic Rollup that combines off-chain startup with the security of the Ethereum blockchain. Through the simple process of transferring assets from Ethereum to Arbitrum, users can benefit from increased scalability, reduced transaction costs and the benefits of Optimistic Rollup technology. ### **Investing in Arbitrum: Harnessing the Future** As Arbitrum gains momentum, investors are eager to explore its potential. The acquisition of native tokens, a key part of the Arbitrum ecosystem, presents opportunities for those looking to tap into the future of blockchain technology. However, thorough research and due diligence is essential before investing in any cryptocurrency. ### **Arbitrum Use: Use of the Force** To realize the full potential of Arbitrum, users can explore the wide range of dApps and smart contracts within the ecosystem. Once connected to Arbitrum, developers can deploy smart contracts using the Arbitrum virtual machine, while users can seamlessly interact with various applications, and enjoy faster transactions and lower fees compared to the Ethereum mainnet. ### **Security and Consensus Mechanisms: Ensuring Trust and Reliability** Arbitrum prioritizes security and reliability through robust mechanisms such as Optimistic Rollup, anti-fraud protection and decentralized governance. These measures ensure a secure and scalable environment for users and developers, strengthening trust, reliability and transparency within the Arbitrum ecosystem. ### **Advantages and use cases of arbitration** Arbitrum offers numerous benefits to the blockchain ecosystem, including increased scalability, faster transactions, and reduced costs. Its versatility makes it suitable for a variety of applications, including decentralized exchanges, gaming platforms, and DeFi protocols, all of which benefit from better liquidity, lower fees, and higher complexity. ### **Interoperability with Ethereum: Unlocking seamless integration** Arbitrum integrates seamlessly with Ethereum, facilitating the transfer of applications and infrastructure while maintaining the security of the Ethereum network. Developers and users alike benefit from better throughput and lower fees, ensuring a smooth transition to Arbitrum without compromising security or functionality. ### **We start with Arbitrum** Are you ready to experience the power of Arbitrum? Setting up an Arbitrum-compatible wallet and exploring the world of dApps and smart contracts is the first step. With seamless token transfer mechanisms, users can move assets between Ethereum and Arbitrum while benefiting from increased scalability and efficiency for blockchain transactions. ### **Limitations and challenges** While Arbitrum offers significant improvements in scalability and efficiency, it is important to be aware of its limitations and challenges. Addressing security issues, balancing centralization and decentralization, optimizing latency and finality, supporting developer adoption, and ensuring interoperability are critical to the development of Arbitrum and the broader blockchain ecosystem. #### **Conclusion** Arbitrum represents a significant milestone in the development of blockchain technology and offers an innovative solution to the challenges of scalability and efficiency. By leveraging Optimistic Rollup and seamlessly integrating with Ethereum, Arbitrum is paving the way for a future of scalable, efficient and user-friendly blockchain transactions. As the decentralized financial landscape continues to evolve, it will be critical for individuals and businesses to stay informed and leverage technologies like Arbitrum. Join the future of blockchain efficiency with Arbitrum today. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** arbitrum, bitcoin, Btc, Crypto, Unocoin --- ### [Crypto ETF Insights: Navigating the Evolving Landscape of Cryptocurrency ETFs](https://blog.unocoin.com/crypto-etf-insights-navigating-the-evolving-landscape-of-cryptocurrency-etfs/) **Published:** February 7, 2024 **Author:** Unocoin Growth **Content:** ## **ETFs and Crypto: A Comprehensive Guide to the Emerging Landscape** As the crypto market continues to mature, the intersection with traditional finance is becoming more pronounced. Exchange-traded funds (ETFs) have emerged as a bridge between the traditional investment world and the dynamic realm of cryptocurrencies. In this comprehensive guide, we dive into the evolving ETF and cryptocurrency landscape, exploring the benefits, challenges and impact on the wider financial ecosystem. ### **Understanding ETFs:** Start by demystifying ETFs, explaining their structure and highlighting their role in traditional markets. Explore how ETFs offer investors a convenient way to gain exposure to various assets without directly holding them, and how this concept is expanding into the crypto space. ### **The Rise of Crypto ETFs:** Explore the evolution of crypto ETFs, from the first discussions to the current situation. Discuss the different types of crypto ETFs, including those that track specific cryptocurrencies like Bitcoin or offer diversified exposure to the broader market. ### **Advantages of crypto ETFs:** Explore the benefits that crypto ETFs bring to investors, such as liquidity, diversification and regulatory oversight. Compare the ease of trading ETFs on traditional exchanges with the difficulty of acquiring and storing individual cryptocurrencies. ### **Challenges and risks:** Recognize the challenges facing crypto ETFs, including regulatory hurdles, market volatility and custodial issues. Address concerns regarding the potential impact of crypto market dynamics on ETF prices and performance. ### **Regulatory landscape:** Dive into the current regulatory environment surrounding crypto ETFs around the world. Analyze how regulatory decisions affect the development and adoption of these funds and discuss the potential for future regulatory changes. ### **Institutional Acceptance:** Explore the role of institutional investors in the crypto ETF space. Explore how their involvement can bring stability, liquidity and mainstream adoption to the crypto market. ### **Impact on cryptocurrency market dynamics:** Discuss how the introduction of ETFs affects the overall dynamics of the crypto market. Explore potential scenarios, including increased market capitalization, increased liquidity, and changes in investor behavior. ### **Investment strategies:** Provide insight into effective strategies for investors looking to incorporate crypto ETFs into their portfolios. Emphasize the importance of due diligence, risk management and understanding the unique characteristics of the crypto market. ### **Technological innovations:** Explore technological advances facilitating the integration of crypto ETFs, such as blockchain-based settlement systems and decentralized finance (DeFi) protocols. Discuss how these innovations contribute to the efficiency and security of crypto ETF transactions. ### **Future trends and developments:** Conclude the guide with a discussion of expected trends and developments in the evolving crypto ETF landscape. Address potential regulatory changes, new market entrants and the evolving role of these funds in the broader financial ecosystem. #### **Conclusion:** In a financial landscape where the traditional meets the innovative, the emergence of crypto ETFs represents a major step toward mainstream adoption. This comprehensive guide equips readers with the knowledge to navigate this evolving landscape and empower Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, ETFs, Unocoin --- ### [Mastering the Art of Crypto Trading](https://blog.unocoin.com/mastering-the-art-of-crypto-trading/) **Published:** February 5, 2024 **Author:** Unocoin Growth **Content:** ## **Mastering the Art of Crypto Trading: Strategies for Success in 2024** Cryptocurrency trading has evolved rapidly over the years and as we enter 2024, mastering the art of cryptocurrency trading becomes more important than ever. The dynamic nature of the market requires a strategic approach to navigating complexity and seizing opportunities. In this blog post, we’ll explore key strategies to help traders succeed in the ever-changing crypto landscape. ### **Educate yourself:** Before diving into the world of cryptocurrency trading, it is essential to have a good understanding of the market. Stay informed about the latest developments, technological advances and regulatory changes. A well-informed trader is better equipped to make informed decisions and adapt to market trends. ### **Risk management:** One of the golden rules of trading is effective risk management. Set clear risk-reward ratios and invest only what you can afford to lose. Diversify your portfolio to spread your risk and not put all your eggs in one basket. Use stop-loss orders to limit potential losses and protect your capital. ### **Technical analysis:** Mastering technical analysis is the cornerstone of successful cryptocurrency trading. Understand chart patterns, candlestick formations and key technical indicators such as moving averages and the Relative Strength Index (RSI). Analysis of historical price data can provide insight into potential future price movements. ### **Keep your emotions under control:** Emotional control is a crucial aspect of trading. Fear and greed can cloud judgment and lead to impulsive decisions. Develop a disciplined mindset and stick to your trading plan. Emotional resilience is often the difference between successful and unsuccessful traders. ### **Adaptability:** The crypto market is known for its volatility. Successful traders are adaptable and can adjust their strategies based on market conditions. Whether it’s a trending market or a sideways move, having multiple strategies in your toolbox ensures flexibility and the ability to profit from different market scenarios. ### **Stay informed about news from the market:** Cryptocurrency prices are heavily influenced by news events. Stay informed about macroeconomic factors, regulatory developments and technological advances. News lead can give you an edge in anticipating market movements and making timely decisions. ### **Use fundamental analysis:** In addition to technical analysis, the incorporation of fundamental analysis is essential. Understand the underlying factors that could affect a cryptocurrency’s value, such as partnerships, technology upgrades, and overall market sentiment. A holistic approach that combines technical and fundamental analysis can provide a comprehensive view. ### **Leverage and Margin Trading:** While leverage can increase profits, it also increases the risk of significant losses. If you decide to use leverage, do so with caution and be aware of the risks involved. Margin trading requires a thorough understanding of the mechanisms involved and is suitable for experienced traders. ### **Continuous learning:** The crypto market is dynamic and constantly evolving. Constantly educate yourself on new technologies, business strategies and market trends. Join the community, attend conferences, and participate in forums to keep up with the latest developments in the crypto space. ### **Security precautions:** Protect your assets by implementing robust security measures. Use hardware wallets for long-term storage, enable two-factor authentication on exchanges, and beware of phishing attempts. Security breaches can lead to significant losses, so prioritize the security of your funds. #### **Conclusion:** As we head into 2024, mastering the art of cryptocurrency trading requires a combination of education, discipline and adaptability. By staying informed, managing your risks effectively, and constantly improving your trading strategies, you can succeed in the dynamic world of cryptocurrency trading. Remember that patience and a long-term perspective are key elements of a successful trader’s mindset. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Trading, Unocoin --- ### [Unocoin Founders, Sathvik V and Harish B V, Assert Legal Measures Amidst Ongoing Bitcoin Investigation](https://blog.unocoin.com/unocoin-founders-sathvik-v-and-harish-b-v-assert-legal-measures-amidst-ongoing-bitcoin-investigation/) **Published:** February 5, 2024 **Author:** Unocoin Growth **Content:** Date: 04/02/2024 In light of the recent developments in the ongoing Bitcoin investigation, involving Unocoin Technologies Pvt Ltd founders, Mr. Sathvik V and Mr. Harish B V, we want to clarify their position and assert their commitment to transparency and cooperation. This article’s title is misleading but the content is apt. We are writing this post as a reply to the same: Unocoin, a trailblazer in the Indian cryptocurrency exchange landscape, has consistently offered expert opinions and custody services in dozens of legal cases. The current investigation centers around the disappearance of 31 Bitcoins initially seized from hacker Srikrishna Ramesh in 2021, with Unocoin’s founders called in to validate these events and to confiscate those bitcoins. The decision to seek anticipatory bail is a strategic legal move only. It aims to safeguard the founders from potential unwarranted repercussions during the investigation. Mr. Sathvik V and Mr. Harish B V, known for their integrity and expertise, are committed to cooperating fully with officials. Their proactive stance reflects a genuine desire to contribute to the pursuit of justice while ensuring their rights are protected. The founders remain unwavering in their commitment to accountability, and legality aiding officials in comprehending the intricacies of the case. Thank you for your understanding. **Categories:** Press Release **Tags:** bitcoin, Bitcoin News, Unocoin --- ### [The Altcoin Explosion: The Best Coins to Watch as the Market Heats Up](https://blog.unocoin.com/the-altcoin-explosion-the-best-coins-to-watch-as-the-market-heats-up/) **Published:** February 2, 2024 **Author:** Unocoin Growth **Content:** In the dynamic world of cryptocurrencies, altcoins are making waves, garnering attention and investment as the market heats up. As investors look for opportunities beyond the well-established Bitcoin, the altcoin space is fertile ground for innovation, offering a plethora of projects with unique use cases and technologies. In this survey of the altcoin explosion, we’ll dive into the factors that have led to the rise in popularity, and diversity in the altcoin ecosystem, and highlight some of the best coins to keep an eye on. ### **Understanding Altcoins** Before diving into the current altcoin landscape, it is essential to understand the concept of altcoins. Altcoins or alternative coins refer to any cryptocurrency other than Bitcoin. While Bitcoin remains the pioneer and dominant force in the crypto space, altcoins are proliferating, each bringing its own unique features and functions. ### **Factors determining the explosion of altcoins** The altcoin explosion is driven by several key factors. One such factor is the desire for diversity in investment portfolios. As the crypto market matures, investors are looking for opportunities outside of Bitcoin, trying to take advantage of the potential growth of emerging projects with new solutions to real problems. Market dynamics also play a crucial role. Altcoins often experience higher volatility compared to Bitcoin, providing opportunities for traders to make short-term profits. Additionally, technological advancements and the rise of decentralized finance (DeFi) are contributing to the increasing popularity of altcoins as these projects explore new frontiers in blockchain technology. ### **The diverse landscape of altcoins** The altcoin landscape is incredibly diverse and includes different categories of cryptocurrencies. Smart contract platforms like Ethereum facilitate the creation of decentralized applications (DApps) and have become a breeding ground for innovation. Private coins such as Monero and Zcash address the need for increased transaction confidentiality. Niche altcoins focus on specific use cases such as supply chain management, identity verification, or decentralized storage. ### **Smart contract platforms** Smart contract platforms enable the creation of self-executing contracts and automate processes without the need for intermediaries. Ethereum, a pioneer in this space, remains a dominant force. However, competitors such as Binance Smart Chain, Polkadot, and Solana have emerged that offer scalability solutions and attract developers and users with their unique features. ### **Private coins** Privacy is an essential aspect of cryptocurrency for many users. Private coins provide increased confidentiality using advanced cryptographic techniques. With its robust privacy features, Monero stands out as a leading privacy coin. Using zero-knowledge proofs, Zcash also offers users the option of shielded transactions, further enhancing privacy. ### **Specialized altcoins and specialized solutions** In addition to broader categories, niche altcoins focus on specific industries or use cases. For example, VeChain focuses on supply chain management to improve transparency and traceability. Chainlink, Oracle’s network, facilitates smart contracts to interact with real-world data, opening up possibilities for decentralized applications in various industries. ### **Best altcoins to watch** Investors moving into the altcoin space must exercise due diligence and strategic thinking. While the market is full of potential, it is also accompanied by risks. Here are some of the best altcoins to watch, each bringing something unique to the table: ### **Ethereum (ETH)** Often considered more than just an altcoin, Ethereum remains a cornerstone of the crypto space. Its transition to Ethereum 2.0, which introduces a proof-of-stake consensus mechanism, aims to address scalability issues and reduce energy consumption. Ethereum’s influence extends beyond its original currency, Ether, as it continues to be a major player in the DeFi and NFT ecosystems. ### **Binance Coin (BNB)** Binance Coin, the native cryptocurrency of the Binance exchange, has seen significant growth. BNB serves multiple purposes within the Binance ecosystem, including discounting transaction fees, participating in the Binance Launchpad token sale, and powering the Binance Smart Chain. Its versatility and usefulness contribute to its popularity among traders and investors. ### **Solana (SOL)** Solana has gained attention for its high throughput and low transaction fees. Positioned as a scalable blockchain platform, Solana aims to support decentralized applications and crypto projects. Its ability to process a large number of transactions per second sets it apart and attracts developers and users looking for efficiency in the rapidly evolving crypto landscape. ### **polka dot (DOT)** Polkadot, founded by Dr. Gavin Wood, co-founder of Ethereum, presents a unique multi-chain framework. It enables the mutual cooperation of different blockchains and promotes collaboration and innovation. Polkadot’s parachain architecture enables dedicated blockchains connected to the main network, offering flexibility and scalability. ### **Cardano (ADA)** Cardano takes a scientific and research approach to blockchain development. With a focus on scalability, sustainability and interoperability, Cardano aims to create a secure and scalable infrastructure for developing decentralized applications. Its adherence to academic principles and peer-reviewed research sets it apart in the competitive altcoin landscape. ### **Chain link (LINK)** Chainlink plays a key role in the blockchain ecosystem by providing decentralized oracles. Oracle facilitates smart contracts to interact with external data, enabling a wider range of use cases, from decentralized finance to supply chain management. Chainlink’s commitment to providing and expanding smart contract capabilities positions it as a key player in the emerging cryptocurrency space. ### **Monero (XMR)** Monero stands out as a privacy-focused cryptocurrency, favoring the anonymity of transactions. Its use of ring signatures and secret addresses ensures that transactions remain confidential. As privacy concerns become more important in the crypto space, Monero continues to attract users looking for better security and anonymity. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** altcoin, bitcoin, Btc, Crypto, Unocoin --- ### [DAOs Rising: The Power and Challenges of Decentralized Governance](https://blog.unocoin.com/daos-rising-the-power-and-challenges-of-decentralized-governance/) **Published:** January 31, 2024 **Author:** Unocoin Growth **Content:** Decentralized Autonomous Organizations (DAOs) are gaining prominence as a pioneering model for collective decision-making and governance within blockchain ecosystems. This article delves into the growing influence of DAOs, exploring their power, benefits, and challenges they face. ### **Creation of the DAO:** DAOs represent a departure from traditional hierarchical governance structures. Born out of an ethos of decentralization, these entities use smart contracts and blockchain technology to enable collective decision-making without the need for centralized authorities. DAOs are designed to be transparent, trustworthy and inclusive, allowing participants to have a direct say in the projects or organizations they are a part of. ### **DAO Power:** **Democratic decision-making:** DAOs allow participants to engage in democratic decision-making processes. Each member typically has voting rights proportional to their stake in the DAO, ensuring a fair representation of interests. **Transparent management:** The transparency inherent in blockchain technology also applies to DAOs. All decisions, transactions and governance rules are recorded on the blockchain, providing a transparent and immutable ledger of actions taken by an organization. **Incentive Alignment:** DAOs often distribute tokens or management assets to participants, aligning their incentives with the organization’s success. This alignment fosters a sense of shared ownership and encourages active participation. ### **Challenges facing The DAO:** **Regulatory uncertainty:** The decentralized nature of DAOs presents challenges in navigating regulatory domains. Regulators are grappling with how to categorize and regulate these entities, leading to uncertainty and potential legal hurdles. **Security risks:** While the use of smart contracts ensures automated and trusted governance, vulnerabilities in these contracts can expose DAOs to security risks. Exploitation or vulnerabilities in the code can lead to financial losses or manipulation of management processes. **Voter turnout and apathy:** Achieving broad participation in DAO decision-making can be challenging. Voter apathy or disengagement can lead to decisions being made by a limited subset of participants, which can impact on the legitimacy of governance processes. ### **Real-world DAO examples:** **DAO (Decentralized Autonomous Organization):** The DAO, one of the first and most famous DAOs, aimed to create a venture capital fund controlled by token holders. However, a vulnerability in its code led to a significant exploit that resulted in the controversial hard fork that spawned Ethereum (ETH) and Ethereum Classic (ETC). **MolochDAO:** MolochDAO focuses on funding Ethereum development projects. It works on the principle of minimizing red tape and allows members to quickly vote on funding proposals. MolochDAO demonstrates the adaptability of DAOs to meet specific needs within the blockchain community. ### **The future of The DAO:** Despite the problems, the future of The DAO looks promising. Continuous innovation in smart contract technology, increased awareness, and a growing appetite for decentralized governance suggest that DAOs will play an increasingly integral role in blockchain ecosystems. #### **Conclusion: Navigating the DAO landscape:** Decentralized autonomous organizations redefine management structures and introduce a new paradigm of collective decision-making. The strength of DAOs lies in their ability to promote inclusivity, transparency, and incentive alignment. However, challenges such as regulatory uncertainty and security risks underscore the need for careful navigation. As DAOs continue to grow, their influence extends beyond the blockchain space and inspires discussions about decentralized governance in broader contexts. Navigating the DAO landscape requires a balance between embracing innovation, addressing challenges, and ensuring that these entities deliver on their promise of democratized and transparent decision-making in the digital age. Please find the list of authentic [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website) accounts for all your queries below: - YouTube Channel: [https://www.youtube.com/c/Unocoin/videos](https://www.youtube.com/c/Unocoin/videos?utm_source=blog&utm_medium=website) - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.com/in/?utm_source=blog&utm_medium=website), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Dao, Unocoin --- ### [Privacy in Focus: Exploring the World of Anonymous Cryptocurrencies](https://blog.unocoin.com/privacy-in-focus-exploring-the-world-of-anonymous-cryptocurrencies/) **Published:** January 30, 2024 **Author:** Unocoin Growth **Content:** Privacy has been a cornerstone of cryptocurrency discussions since the inception of Bitcoin. However, a subset of digital currencies, often referred to as “anonymous cryptocurrencies,” take privacy to the next level. In this survey, we delve into the world of anonymous cryptocurrencies, their importance, and the challenges they present. ### **Genesis of Privacy in Cryptocurrency:** Privacy concerns in the cryptocurrency space have arisen due to the transparent nature of blockchain transactions. Blockchain technology ensures transparency and immutability, but also records transaction details on a public ledger, making them accessible to anyone. This lack of privacy has raised questions about the fungibility of cryptocurrencies and the ability of users to maintain financial secrecy. ### **Rise of Anonymous Cryptocurrencies:** Various anonymous cryptocurrencies have emerged to address privacy concerns, each implementing different mechanisms to provide enhanced privacy features to users. The most prominent of these is Monero, a privacy-focused cryptocurrency that uses advanced cryptographic techniques to obfuscate transaction details and ensure that the sender, recipient, and transaction amounts remain confidential. ### **Key Features of Anonymous Cryptocurrencies:** **Ring Signatures:** Anonymous cryptocurrencies like Monero use ring signatures, a cryptographic technique that mixes a user’s transaction with others, making it difficult to trace the origin of funds. This increases privacy by introducing ambiguity into the transaction history. **Stealth addresses:** Stealth addresses generate unique, one-time addresses for each transaction. This feature ensures that even if a user’s address is publicly known, transactions cannot be linked directly to their wallet, increasing the unlinkability of transactions. **Confidential Transactions:** Some anonymous cryptocurrencies use confidential transactions to hide the transaction amount. Using mathematical techniques, these cryptocurrencies enable secure transactions without revealing the specific value being transferred. ### **The Importance of Privacy in Cryptocurrency:** **Interchangeability:** Privacy is essential to maintain fungibility, the property that ensures that one unit of cryptocurrency is indistinguishable from another. Without privacy, some coins could be considered “tainted” or associated with illegal activities, impacting their acceptance in the wider economy. **Financial confidentiality:** Individuals and businesses value financial secrecy. Anonymous cryptocurrencies allow users to engage in transactions without fear of having their financial activities scrutinized, promoting a more private and secure financial ecosystem. **Adoption and Acceptance:** Improved privacy features can contribute to the wider acceptance and adoption of cryptocurrencies. As more users seek financial privacy, the demand for anonymous cryptocurrencies is likely to grow. **Challenges and controversies:** While anonymous cryptocurrencies offer increased privacy, they are not without challenges and controversies. Governments and regulators have expressed concern about the possible misuse of these currencies for illegal activities, including money laundering and tax evasion. This has led to increased scrutiny and requires regulatory action to ensure responsible use. ### **The future of privacy in cryptocurrency:** The development of anonymous cryptocurrencies highlights the growing importance of privacy in the digital financial landscape. As regulatory frameworks continue to evolve, striking a balance between privacy and compliance remains a challenge. However, the demand for privacy-focused cryptocurrencies suggests that the quest for financial privacy is a powerful driver in the cryptocurrency space. #### **Conclusion: Navigating Cryptocurrency Privacy:** Privacy has become a core aspect of the cryptocurrency narrative. Anonymous cryptocurrencies represent a proactive response to the evolving needs of users who prioritize financial confidentiality. As the cryptocurrency ecosystem continues to mature, finding a fine balance between privacy, compliance, and wider adoption will shape the future of anonymous cryptocurrencies and their role in the global financial landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Scalability Wars: Layer 2 Solutions Competing for Dominance](https://blog.unocoin.com/scalability-wars-layer-2-solutions-competing-for-dominance/) **Published:** January 24, 2024 **Author:** Unocoin Growth **Content:** ## **Ethereum’s Transition: The Role of Layer 2 Scaling** Ethereum, the leading blockchain platform, has long been at the forefront of decentralized applications and smart contracts. However, as the network faced scalability issues, the need for an efficient scaling solution was evident. Enter Layer 2 Scaling, a key aspect of Ethereum’s transition that aims to improve scalability and address congestion issues. ### **Understanding Layer 2 Scaling:** Layer 2 solutions operate on top of the main Ethereum network and provide a way to process transactions more efficiently and at a lower cost. They effectively alleviate network congestion by moving a significant portion of transactions off the main blockchain, offering users and developers a scalable and cost-effective alternative. One prominent example of layer 2 scaling is the rollup implementation that includes Optimistic Rollups and zk-Rollups. These solutions make it easy to pool multiple transactions into a single batch, reducing the load on the Ethereum network and significantly increasing throughput. Additionally, Ethereum’s transition to a proof-of-stake (PoS) consensus mechanism with Ethereum 2.0 is a complementary effort to address scalability issues. PoS is expected to increase network efficiency and reduce energy consumption, contributing to a more sustainable and scalable Ethereum ecosystem. ### **Scalability Wars: Layer 2 Solutions Competing for Dominance** The push for scalability has given rise to what are often referred to as the “scalability wars” within the blockchain. Various second-layer solutions compete for dominance, each offering unique features and optimizations to attract users and developers looking for faster and more cost-effective transactions. ### **Optimistic summaries:** Optimistic Rollups work on the assumption of optimistic execution. They process off-chain transactions and then submit a summary of those transactions to the Ethereum mainnet. While this approach significantly reduces gas fees and increases transaction speed, there is a trade-off between efficiency and security. Users must trust that aggregated data accurately represents off-chain transactions. ### **zk-rollups:** Zero-knowledge (zk) Rollups use advanced cryptographic techniques to ensure the validity of off-chain transactions without revealing transaction details. This approach increases security by providing a trustless environment where users do not have to rely on the honesty of a centralized entity. zk-Rollups offers a compelling solution for those who prioritize security while still reaping the benefits of scalability. ### **Choosing the right Layer 2 solution:** The competition between Layer 2 solutions underscores the importance of carefully evaluating the trade-offs and choosing a solution that matches specific use cases and preferences. Developers and users must consider factors such as security, decentralization, and ease of integration when choosing a Layer 2 scaling solution. ### **Security and trust:** While Optimistic Rollups provide scalability with a security trade-off, zk-Rollups prioritize trust and security. The choice between these solutions often depends on the level of security required for a particular application or transaction. ### **Easy integration and development:** Developers need solutions that integrate seamlessly with existing applications. Ease of development and integration can influence the choice between Optimistic Rollups and zk-Rollups, as well as other layer 2 solutions on the market. ### **User experience and cost-effectiveness:** From the user’s perspective, cost-effective transactions and a smooth overall experience are paramount. Layer 2 solutions that strike the right balance between transaction speed, cost efficiency and security are likely to gain wider adoption. #### **Conclusion: Navigating Ethereum’s Scalability Landscape** Ethereum’s transition to a layer 2 scaling solution is a key moment in blockchain development. As the scalability wars unfold, the Ethereum community is faced with the task of choosing the most appropriate layer 2 solution. Whether it is the optimistic execution of Optimistic Rollups or the cryptographic security of zk-Rollups, the chosen path will shape the future of Ethereum scalability, making it a critical consideration for developers, users, and the wider blockchain ecosystem. The journey to a more scalable and efficient Ethereum is well underway, and the decisions made today will define the landscape of decentralized applications and transactions for years to come. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Eth, layer 2, Unocoin --- ### [The Rise of CBDCs: Shaping the Future of Digital Currency](https://blog.unocoin.com/the-rise-of-cbdcs-shaping-the-future-of-digital-currency/) **Published:** January 22, 2024 **Author:** Unocoin Growth **Content:** Central Bank Digital Currencies (CBDCs) are increasingly becoming central to discussions about the future of money. As nations around the world explore and adopt CBDCs, the landscape of global finance is undergoing a profound transformation. In this insightful article, we delve into the factors driving the rise of CBDCs and explore different global perspectives on their adoption. ## **Understanding the rise of CBDC** The traditional financial system is evolving and CBDCs are becoming a key player in this transformation. Unlike cryptocurrencies, which operate on decentralized blockchain networks, CBDCs are digital versions of a country’s national currency issued and regulated by its central bank. The motivations behind the rise of CBDCs are multifaceted, including technological advancements, financial inclusion goals, and the need to adapt to the changing landscape of global finance. ### **Technological progress:** The advent of blockchain technology and the increasing digitization of financial services have paved the way for the development of CBDCs. Central banks recognize the efficiency and cost-effectiveness that digital currencies offer, prompting them to explore the possibility of issuing their own digital counterparts. ### **Objectives of financial inclusion:** CBDCs have the potential to address financial inclusion issues by providing a digital currency that is accessible to a wider population. This inclusivity can empower individuals who may not have easy access to traditional banking services, promoting a fairer financial ecosystem. ### **Adapting to global changes:** The rise of cryptocurrencies and the changing landscape of international trade have prompted central banks to consider CBDCs as a means of maintaining control over their monetary policies. CBDCs offer a regulated alternative to decentralized cryptocurrencies, enabling central banks to manage the challenges posed by a rapidly changing financial environment. ## **Global Perspectives on CBDC Adoption** CBDC adoption varies from country to country, with each country approaching the implementation of digital currencies based on its unique economic and regulatory considerations. ### **Chinese Digital Yuan (e-CNY):** China is at the forefront of CBDC development and is piloting its Digital Currency Electronic Payments (DCEP) system. e-CNY aims to increase transaction efficiency, reduce reliance on physical cash and provide the government with better visibility into financial activities. ### **Digital Euro of the European Union:** The European Central Bank is actively exploring the introduction of a digital euro. With an emphasis on preserving the monetary sovereignty of the Eurozone and ensuring privacy, the Digital Euro project aims to complement physical cash rather than replace it. ### **The United States and the Digital Dollar:** In the United States, discussions about the digital dollar are gaining momentum. Policymakers are exploring the potential benefits of CBDCs, such as facilitating faster and cheaper cross-border transactions while weighing implications for privacy and financial stability. ## **Challenges and Considerations** While the rise of CBDC brings several opportunities, it is not without challenges. Privacy concerns, cyber security risks and the potential impact on commercial banks are factors that central banks need to closely monitor. Striking a balance between innovation and risk management is critical to the successful integration of CBDCs into the global financial system. ### **Conclusion: Navigating the Future of Finance** The rise of the CBDC represents a pivotal moment in the evolution of digital currency and the global financial system. As nations take different approaches to implementing CBDCs, it is clear that the future of finance will be shaped by how central banks navigate the opportunities and challenges that digital currencies present. With technology as an enabler and financial inclusion as a guiding principle, CBDCs are poised to play a central role in the ongoing transformation of the monetary landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, cbdc, Crypto, Unocoin --- ### [Unraveling the Transformative Power of Render Network](https://blog.unocoin.com/unraveling-the-transformative-power-of-render-network/) **Published:** January 19, 2024 **Author:** Unocoin Growth **Content:** ## **Unveiling the transformative power of the render mesh in the 3D rendering revolution** In the ever-evolving landscape of digital entertainment, 3D rendering plays a key role in shaping immersive experiences, from animated films and online gaming to the growing crypto metaversion. Demand for high-resolution user experiences has skyrocketed, intensifying the need for efficient and scalable 3D rendering solutions. Render Network, with its innovative approach and decentralized infrastructure, is a catalyst for a revolution in the way GPU rendering is used and offers a glimpse into the future of digital content creation. This article explores the complexities of the Render Network, from its core technology to its Proof-of-Render governance system and the dynamics of its native utility token, RNDR. ### **3D rendering powers the Crypto Metaverse** In the vast field of digital entertainment, including animated films, online gaming and the emerging crypto metaversion, 3D rendering is a mainstay. Its applications extend beyond entertainment to industrial areas such as product prototyping, simulation, scientific visualization and architectural design. At the heart of this technological marvel is the 3D rendering process, where a GPU device transforms a 3D model into a visually detailed display that involves complex algorithmic calculations. As the demand for immersive digital experiences grows, the complexity of the computations required to bring these virtual worlds to life intensifies. The essence of 3D rendering is enhanced when real-time graphics creation is involved, as seen in digital games and virtual reality (VR) environments. This dynamic landscape presents unique challenges, demanding solutions that can accommodate the complex computations necessary to create these immersive digital realms. ### **What is RNDR? Crypto for On-Demand GPU Rendering** Enter Render, a pioneering platform designed to harness the untapped power of users’ GPU resources to render motion graphics and visual effects. In return for contributing their unused GPU performance, users receive render tokens (RNDR), the native utility token of the render network. Render introduces a peer-to-peer (P2P) network, creating an ecosystem where individuals can efficiently utilize unused computing power, disrupting the traditional paradigms of rendering and streaming 3D environments. ### **Render Network solves three fundamental problems for its users:** **Scalability:** The strength of Render lies in its scalable GPU rendering network, which can scale to any size to meet user requirements. The decentralized network uses an automated reputation and job allocation system that offers an efficient alternative to localized market solutions. **Optional:** Users on the Render Network can enjoy greater operational efficiency and flexibility in service selection. Whether it’s placing an order or using excess GPU power, the platform will satisfy a spectrum of user needs. This flexibility is particularly beneficial for motion graphics and businesses that rely heavily on 3D rendering, alleviating concerns about the significant upfront investment and high operational costs associated with maintaining GPU-intensive data centers. **IP Protection:** Render prioritizes effective digital governance, including record-keeping and blockchain-enabled encryption. Unlike centralized platforms prone to censorship or deletion of user data, Render leverages the immutability of the blockchain to ensure creator rights are protected throughout the creative lifecycle. ### **Render Network’s Proof-of-Render (PoR) management system** Render Network’s core architecture is built on the Ethereum blockchain and uses OctaneRender, developed by OTOY, the graphics software company behind Render Network. Ethereum integration facilitates data authentication and payment processes, while OctaneRender, coupled with the open-source ORBX media and streaming framework, increases rendering efficiency. Render uses a Multi-Tier Pricing Protocol (MTP) that uses user reputation scores to allocate tasks and maintain a high quality of service. Users, referred to as creators, can choose from three tiers: Tier 1 (Trusted Partners), Tier 2 (Priority), and Tier 3 (Economic). The tier system introduces a dynamic where higher-level services require a premium fee and are typically provided by reputable GPU rendering service providers known as node operators. A creator’s reputation score, influenced by node operator feedback, determines the speed at which requested tasks are completed. This tiered configuration serves as the foundation for Render Network’s Proof-of-Render (PoR) management system. Similar to Proof-of-Work (PoW), PoR requires node operators to spend computing resources not on solving mathematical puzzles, but on completing complex VFX/3D rendering services. Render’s pricing algorithms update autonomously based on GPU performance, cloud rendering costs, electricity costs, and network supply and demand patterns. Each user on the Render Network has a unique identifier associated with their OctaneRender account, in compliance with Know-Your-Customer (KYC) requirements to prevent fraud and duplicate accounts. The rendering progress of the node operators is monitored in real-time by the creators through OctaneRender, allowing abnormalities to be identified before the job is complete. In addition, the Render Network uses automated ratings, penalizing inefficient node operators and redirecting jobs if there are significant differences between the node operator’s computational potential and actual output quality. ### **How to use Render Network** The Render Network acts as an automated marketplace, providing a seamless process for content creators (Creators) to upload GPU-based rendering jobs to be completed by Render’s decentralized network of GPU Service Providers (Node Operators). A user’s journey to Render Network includes the following steps: **Job Creation:** Creators submit their jobs in ORBX file format using OctaneRender or supported plugins/integrations. Key parameters such as graphics resolution, output format and sample size are defined. Creators can also choose a service level based on priority levels and on-chain node operator performance tests and reputation scores. **Job Upload:** The job is uploaded via Render’s OctaneRender web portal. Creator assets are encrypted, hashed and separated into individual files, ensuring traceability and preventing malicious behavior. Job requests and payment terms are sent to a smart contract that broadcasts the relevant details throughout the Render network. **Task Assignment:** The Render MTP protocol automatically assigns node operators to appropriate tasks based on reputation scores and renderer specifications. Once connected to the network, Render evaluates the performance capabilities of the node operator and incorporates this information Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, rndr, Unocoin --- ### [Unocoin: Your Trusted and FIU-Compliant Platform for Secure Crypto Investments in India](https://blog.unocoin.com/unocoin-your-trusted-and-fiu-compliant-platform-for-secure-crypto-investments-in-india/) **Published:** January 16, 2024 **Author:** Unocoin Growth **Content:** ## **How to deposit crypto at Unocoin:** **Step 1.** Navigate to the Cryptocurrency Section on **Unocoin’s App** [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-40.jpeg "PHOTO20240116154240 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-40.jpeg) **Step 2:** Begin by clicking on the **Cryptocurrency** section within the Unocoin app. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-2.jpeg "PHOTO20240116154239 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-2.jpeg) **Step 3:** For the purpose of this guide, let’s assume you choose Bitcoin, then select **“Deposit BTC.”** [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-3.jpeg "PHOTO20240116154239 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-3.jpeg) On this screen, opt for your blockchain network and copy your public wallet address. Unocoin doesn’t charge any transaction fees. [![Privacy in Focus Exploring the World of Anonymous Cryptocurrencies](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-4.jpeg "PHOTO20240116154239 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-4.jpeg) **Step 4:** Click on **copy BTC** address **[![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-5.jpeg "PHOTO20240116154239 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-15-42-39-5.jpeg) **Step 5:** Select Bitcoin from the list of cryptocurrencies. When the popup appears, click on “Send via Crypto Network.” [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-05-1.jpeg "PHOTO20240116163305 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-05-1.jpeg) **Step 6.** Access your Binance wallet, then click on “Withdraw.” [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-06.jpeg "PHOTO20240116163306 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-06.jpeg) **Step 7:** Paste the Unocoin wallet address from Step 1, choose the same network, and enter the crypto withdrawal amount. Click on “Withdraw.” [![](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-04-1.jpeg "PHOTO20240116163304 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/PHOTO-2024-01-16-16-33-04-1.jpeg) **Step 8:** Confirm the Deposit on Unocoin Blockchain transactions may take a few minutes to complete. After the transaction is confirmed, you’ll receive a message verifying its completion. And that’s it – your cryptocurrency is now securely stored in your Unocoin wallet. ### **Why Choose Unocoin?** Consider choosing Unocoin for the following reasons: **Robust Security:** Unocoin prioritizes user safety with top-tier security measures, including data encryption, biometric authentication, cold storage for funds, multi-sig technology, and regular security audits, ensuring your crypto assets remain entirely safe. User-Friendly Transfers:** Unocoin offers a straightforward process for moving crypto assets from other platforms. Dedicated Support:** A knowledgeable and friendly support team is available daily from 9 AM to 7 PM to assist you at every step. **Crypto Deposits & Withdrawal :** Unocoin: Facilitating Crypto Deposits & Withdrawals **Extensive Coin Variety:** Unocoin features a vast selection of over 150 coins and tokens for investment, ranging from popular ones like Bitcoin (BTC) and Ethereum (ETH) . ### **FIU Notice Spurs Surge: International Exchange Clampdown Boosts Crypto Volume in Indian Platforms** At Unocoin, we’ve witnessed a remarkable surge in crypto volumes, particularly in response to the recent FIU actions. Users are flocking to our platform, trusting our commitment to compliance and security. The FIU notice has not only heightened awareness but also fueled a significant increase in trading activity on Unocoin. Join us in navigating the crypto landscape with confidence, where compliance meets a surge in trading volumes. In the ever-evolving cryptocurrency landscape, choosing a reliable platform for your investments is paramount. Recent developments in the Indian crypto market have increased the importance of compliance and user security. Unocoin, a leading cryptocurrency exchange, is proving to be a safe haven for cryptocurrency deposits, providing users with peace of mind and a hassle-free experience. As a result of regulatory actions and notices issued to various offshore Virtual Digital Asset (VDA) service providers, the importance of compliance and security in the crypto space has become more apparent than ever. A pioneer in the Indian crypto scene, Unocoin stands out as a beacon of safety and reliability. ### **Unocoin’s response to regulatory changes:** Unocoin’s commitment to compliance has made it a trusted platform for cryptocurrency enthusiasts. The Exchange has actively embraced regulatory changes and has consistently updated its procedures to comply with evolving standards. The recent surge in crypto deposits on Unocoin reflects user confidence in its compliance-focused approach. Read more about Unocoin’s compliance measures [here](https://blog.unocoin.com/2023/12/29/fiu-notices-and-indian-cryptocurrency-exchanges/). ### **FIU view notification of the cause and the rise of cryptocurrencies:** The FIU’s tough announcement for international Virtual Digital Asset (VDA) service providers, including industry giants such as Binance and Kucoin, triggered a significant surge in cryptocurrency volume on Indian exchanges. Strategically responding to regulatory shifts, Unocoin has seen impressive growth in crypto deposits and trading volumes, making it unique among these changes. ### **User benefits and initiatives:** Unocoin goes beyond just offering a platform for transactions; they try to create a supportive ecosystem for their users. To encourage cryptocurrency deposits, Unocoin introduced a campaign that emphasizes the security of storing crypto assets on its platform. Users are not only assured of security but also of hassle-free transactions. Explore Unocoin’s [Crypto Basket](https://blog.unocoin.com/2023/03/27/introducing-crypto-basket-at-unocoin/), [Instant Exchange](https://blog.unocoin.com/), and[ SBP](https://blog.unocoin.com/2023/10/20/unocoin-your-comprehensive-solution-to-financial-challenges/) features. ### **Safety advantage:** Unocoin’s robust security measures set it apart. Thanks to advanced encryption and authentication protocols, the platform ensures the safety of user data and funds. The recent wave of investors choosing Unocoin for their crypto deposits is a testament to the trust built around the platform’s security infrastructure. Learn more about Unocoin’s security measures [here.](https://blog.unocoin.com/2023/08/11/safeguarding-your-cryptos-a-comprehensive-guide-to-securing-your-digital-assets/) ### **Challenges and Commitment to Excellence:** Unocoin recognizes the challenges presented by the dynamic nature of the crypto landscape. Compliance costs have risen, but Unocoin remains steadfast in its commitment to providing a safe and compliant environment. The platform sees these challenges as an investment in the future of cryptocurrency investing. #### **Conclusion:** At a time when regulatory scrutiny is at its peak and the surge in cryptocurrency volume on Indian exchanges is reshaping the landscape, Unocoin is a reliable partner for crypto enthusiasts. The platform’s compliance-focused approach, user-centric initiatives, and robust security measures make it an ideal choice for those looking for a safe haven for their crypto deposits. Explore Unocoin’s products and start your secure crypto journey [here](https://blog.unocoin.com/). Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Regulation, FIU, Unocoin --- ### [Bitcoin ETFs approval Set to Transform Market Dynamics](https://blog.unocoin.com/bitcoin-etfs-approval-set-to-transform-market-dynamics/) **Published:** January 11, 2024 **Author:** Unocoin Growth **Content:** ## **Cryptocurrency Milestone: Bitcoin ETFs Approval to Transform Market Dynamics** In a historic development, Bitcoin exchange-traded funds (ETFs) are set to begin trading, marking the culmination of an extensive approval process at the Securities and Exchange Commission (SEC). The impending launch has set off a flurry of speculation among experts, not only about the immediate impact on the market, but also about the potential of the spot ether ETF and the broader regulatory environment for cryptocurrencies. ### **Approval path:** After months of regulatory oversight, Bitcoin ETFs are expected to start trading as early as Thursday after the final registration statements take effect. The anticipation surrounding this approval set the stage for a broader discussion about what lies ahead in the crypto space. ### **Intrigues beyond approval:** The final weeks before the approval were eventful, prompting experts to consider the potential ramifications of the billion-dollar flows. The focus has shifted to considering whether the spot ether ETF will be the next disruptive development and how it could affect the regulatory framework for the entire crypto industry. ### **Expectations for tides:** Anthony Rousseau, Head of Brokerage Solutions at TradeStation, emphasizes the importance of tracking expected inflows within the first 24 to 48 hours. Projections range from substantial to record-breaking, with some experts predicting flows in the billions, an unprecedented performance in the ETF space. Rousseau also cautions against underestimating the long-term implications for the bitcoin market, given that financial institutions manage over $100 trillion in assets, some of which could be allocated to bitcoin within months. ### **Potential Volatility:** Stuart Barton, co-founder of Volatility Shares, expects some volatility in the coming days. While spot bitcoin ETFs are expected to track the underlying bitcoin, the sheer size of these ETFs could present challenges in managing significant new assets under management (AUM) in the first day or two of trading. If tens of billions of dollars are initially poured into these ETFs, it may be difficult for advisors to obtain the necessary amount of bitcoins. ### **Race to start:** Competition for spot bitcoin ETFs has intensified, with several applicants cutting fees in recent days. BlackRock and Ark Invest/21Shares are among the major players cutting fees, sparking debate over whether ultra-low fees still represent a viable business opportunity. Barton speculates that not all spot bitcoin ETFs may launch on the scheduled Thursday, with options ranging from a delayed launch to some ETFs never materializing. ### **Explore Ether ETFs on the horizon:** As attention shifts away from the approval of bitcoin ETFs, Nate Geraci, president of investment advisor The ETF Store, predicts a quick focus on spot ether ETFs. Big firms like Fidelity and BlackRock have filed for spot Ethereum ETFs in recent months, and the launch of ether futures ETFs a month earlier marked a significant milestone. Court decision in D.C. from the summer ruling in favor of Grayscale’s bid for a spot bitcoin ETF adds momentum to the potential approval of spot ether ETFs, making it difficult for the SEC to reject them without facing legal consequences. ### **The SEC’s stance on cryptocurrencies:** SEC Chairman Gary Gensler, known for his critical stance on cryptocurrencies, has warned against the industry in the past. However, the recent approval of spot bitcoin ETFs seems to hinge on grayscale opinion. Coy Garrison, a partner at Steptoe and a former adviser to SEC Commissioner Hester Peirce, suggests that the role of the judiciary is crucial in reminding the SEC to operate within the limits of its statutory authority. The SEC’s stance on cryptocurrencies under Gensler can only change with a court challenge, reflecting the evolving dynamics of regulatory oversight in the crypto space. #### **Conclusion:** The upcoming launch of Bitcoin ETFs is a major milestone in the crypto industry, opening the door to new possibilities and changing market dynamics. As pundits closely monitor the influx and potential volatility in the coming days, attention is already shifting to the prospect of spot ether ETFs and the broader implications for crypto-regulation. The evolving landscape underscores the importance of regulatory clarity and the industry’s ability to adapt to transformative developments, setting the stage for a dynamic future in the cryptocurrency world. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin etfs, Btc, Crypto, Unocoin --- ### [Crypto and the Metaverse: Bridging the Virtual and Real Worlds](https://blog.unocoin.com/crypto-and-the-metaverse-bridging-the-virtual-and-real-worlds/) **Published:** January 12, 2024 **Author:** Unocoin Growth **Content:** ## **Integrating cryptocurrencies into Metaverse** Cryptocurrency is experiencing dynamic integration into the evolving metaverse, changing the way individuals engage in virtual spaces. In this seamless merging of the physical and digital realms, cryptocurrency transactions have become the backbone of activities in virtual realms. From acquiring virtual real estate to trading digital assets, cryptocurrencies serve as the primary medium of exchange, offering users a seamless bridge between the physical and the virtual. This integration means a paradigm shift in how we perceive digital spaces and how we interact with them. The utility of cryptocurrency in the metaverse goes beyond mere transactions; it embodies a fundamental transformation in the nature of ownership and commerce in virtual environments. As users increasingly transact using cryptocurrencies, the distinction between the physical and digital worlds is blurring, creating an immersive and connected experience that transcends traditional boundaries. The use of cryptocurrencies in the metaverse extends to various aspects, including virtual goods, services, and experiences. Users can seamlessly engage in economic activities within decentralized virtual economies where blockchain technology ensures transparency, security and decentralization. This evolving environment not only facilitates transactions, but also lays the groundwork for the creation of new virtual assets and experiences that were previously unthinkable. ### **Metaverse Tokens: The Future of Virtual Investments** At the heart of this transformative integration is the concept of metaversion tokens – digital assets that play a key role in shaping the future of virtual reality. These tokens serve as utility tokens within the metaverse, giving users access to exclusive experiences, virtual goods, and enhanced features. The investment potential of metaverse tokens is multifaceted, offering a unique combination of utility and speculative value that resonates with the growing demand for immersive virtual experiences. One of the primary functions of metaverse tokens is to act as a medium of exchange for goods and services in virtual environments. Users can use these tokens to enhance their virtual experiences, from personalized avatars and virtual real estate to in-game items and digital collectibles. This tool transforms metaverse tokens into valuable assets and contributes to the creation of a vibrant and self-sustaining virtual economy. In addition to their role as transaction tools, some metaversion tokens include governance functions that allow token holders to actively participate in decision-making processes related to the development and evolution of the virtual space. This democratization of influence aligns community interests with developers and fosters a collaborative environment that fosters innovation and user engagement. In addition, some metaverse tokens are designed to facilitate interoperability between different virtual worlds, allowing users to seamlessly navigate and transact across different metaverse platforms. This interconnectedness opens up new opportunities for investors as the growth of the metaverse ecosystem that transcends individual platforms presents diversified opportunities for those strategically positioned in this evolving landscape. #### **Conclusion:** In conclusion, we can say that the fusion of cryptocurrency and metaversion means a breakthrough convergence of physical and digital reality. As cryptocurrency seamlessly integrates into the fabric of virtual spaces, metaverse tokens are emerging as a cornerstone of this transformation. Their utility, investment potential, and role in shaping the future of virtual reality make them key players in a dynamic and interconnected metaverse ecosystem. Navigating this evolving environment requires a thorough understanding of emerging projects, the dynamics of virtual economies, and a strategic approach to managing the associated risks and opportunities. As metaversions continue to evolve, those who embrace this intersection are at the forefront of a digital revolution, witnessing the transformation of pixels into prosperity. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, metaverse, Unocoin --- ### [Mobile App referral program](https://blog.unocoin.com/mobile-app-referral-program/) **Published:** June 11, 2023 **Author:** Unocoin News **Content:** [![Refer and earn 51 in unocoin](https://blog.unocoin.com/wp-content/uploads/2017/02/Refer-and-earn-51-new_app_banner_referearn.png "Refer and earn 51 newappbannerreferearn | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2017/02/Refer-and-earn-51-new_app_banner_referearn.png)Refer and earn 51 in unocoin**Terms and conditions:** - Unocoin reserves the right to change or cancel the referral scheme at any time. - Referral money is always paid in bitcoin (considering the average price of buy and sell at the time of order processing). - Only verified members are allowed to refer friends to Unocoin. - As your referral money is paid as a gift there are no TDS deductions and you will be responsible for your taxes if any. - The referral bonus is subject to change with the availability of the offer with the third party. - A referral bonus is provided to a referrer when a referee does any transaction within Unocoin (Trade) - Bonus will be earned for a lifetime(as long as the referee is trading in the system - 51% of the transaction fees earned by unocoin will be passed on as a referral bonus to the referrer **Categories:** News, Offers and Contests --- ### [A Comprehensive Guide to Bitcoin ETFs](https://blog.unocoin.com/a-comprehensive-guide-to-bitcoin-etfs/) **Published:** January 10, 2024 **Author:** Unocoin Growth **Content:** Bitcoin, the digital currency making headlines, has a fascinating companion in the financial world – the Bitcoin Exchange-Traded Fund (ETF). If you’re wondering what an ETF is and how it differs from owning actual Bitcoin, this article will break it down simply. So grab a coffee and let’s delve into the world of Bitcoin ETFs in a way that even the tech-savvy can understand. ## ***Understanding the Basics*** **What is a Bitcoin ETF?** Think of Bitcoin as a treasury of digital coins. Now think of a Bitcoin ETF as a magic key that allows you to benefit from the treasures inside without ever touching them. It’s like having a stake in a treasure chest instead of hauling real loot. **Ownership: Bitcoin Vs. Bitcoin ETFs** Bitcoin: When you own Bitcoin, you are like a digital pirate with your own private map. You control the treasure chest and its contents and keep them safe in your digital wallet. Bitcoin ETF: With a Bitcoin ETF, you are more like an investor in a pirate crew. You own shares in a fund that owns a treasure chest. You get a piece of the action without having to worry about where to hide the chest. **Trading Time: Bitcoin Vs. Bitcoin ETFs** Bitcoin: Imagine a non-stop party that runs 24/7. That’s Bitcoin Trading – It Never Sleeps! Bitcoin ETF: Now think of ETFs as bedtime. It is danced only during certain hours, just like a regular stock market. No late nights. ### **Fees: Bitcoin Vs. Bitcoin ETFs** Bitcoin: When you make moves with your digital coins, you can pay a small toll like crossing a bridge. These are transaction fees. Bitcoin ETF: Joining a pirate crew has its own fees – a management fee. It is like paying the captain of a ship to sail the seas. Track these costs. ## ***Why Bitcoin ETFs Matter?*** **Mainstream adoption:** Bitcoin: It’s like having a secret language that only tech wizards understand. Not everyone wants to deal with it. Bitcoin ETF: ETFs speak the language of traditional investors. They are like the popular kids who make Bitcoin cool for everyone, even if you don’t know a word about coding. **Safety and simplicity:** Bitcoin: Storing digital coins sounds like protecting a secret password. Lose it and your treasure is gone forever. Bitcoin ETF: No worries about forgetting passwords. The fund takes care of all security matters. Your investment is in good hands. ## ***The Bitcoin ETF Path*** **Global Adventures:** ETPs (Exchange-Traded Products) fly in the seas of digital assets, but mostly in other countries. Canada and Europe joined the adventure with their Bitcoin ETFs in 2021, making it a global celebration. **USA Saga:** The US was a bit cautious. The SEC (Securities and Exchange Commission) approved bitcoin futures ETFs in 2021, but spot bitcoin ETFs faced rejection earlier. Big financial players like BlackRock and Fidelity are trying to convince the SEC to let them join the pirate crew. **SEC Concerns:** The SEC is worried about market manipulation—like someone sneaking into a treasure chest. They want to make sure investors are safe. Recent events could make the SEC rethink things, especially after a court loss against a crypto firm called Grayscale. **Conclusion:** In the vast ocean of finance, Bitcoin ETFs are like a friendly pirate ship that lets you sail the cryptocurrency seas without fear of stormy weather. They simplify the complicated world of digital coins and make it accessible to everyone from tech wizards to self-proclaimed financial earthlings. As we navigate the uncertain waters of regulatory approval, keep an eye on the horizon. The SEC might just open up a treasure chest for more investors, and you wouldn’t want to miss the boat when it sets sail. So, whether you’re a cryptocurrency enthusiast or someone just testing the waters, Bitcoin ETFs offer a unique way to be a part of the digital treasure hunt without getting your hands dirty. Happy sailing! In the next blog, we’ll delve deeper into the potential approval from the U.S. Securities and Exchange Commission (SEC). Stay tuned as we explore how regulatory decisions could reshape the Bitcoin ETF landscape. Until then, the crypto seas remain choppy, but the horizon holds the promise of exciting developments. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Development, Featured **Tags:** bitcoin, Bitcoin etfs, crypto market updates, ETFs --- ### [Decentralized Finance 2.0: Latest Protocols and Developments](https://blog.unocoin.com/decentralized-finance-2-0-latest-protocols-and-developments/) **Published:** January 10, 2024 **Author:** Unocoin Growth **Content:** ## **Decentralized Finance 2.0: Navigating the Ever-Evolving Landscape** The decentralized finance (DeFi) space is going through a phase of transformation marked by the arrival of DeFi 2.0. In this blog, we’ll explore the latest protocols and developments that define this new era, and shed light on the risks and rewards of the ever-expanding DeFi ecosystem. ### **Evolution of DeFi 2.0:** #### **Layer 2 solution:** DeFi 2.0 brings improved scalability through a Layer 2 solution and addresses throughput issues that plagued earlier iterations. Projects like Optimistic Rollups and zk-Rollups are coming to the fore, promising faster and more cost-effective transactions. #### **Cross-chain compatibility:** Interoperability is a key theme in DeFi 2.0. Protocols are now designed to work seamlessly across different blockchains, supporting collaboration and expanding the scope of decentralized finance beyond individual networks. #### **Smart Contract Upgrades:** DeFi 2.0 introduces more sophisticated smart contract features that enable complex financial tools and decentralized applications (DApps). These upgraded contracts increase security and offer a wider range of features. ### **Risks in DeFi 2.0:** #### **Smart Contract security flaws:** The increased complexity of smart contracts in DeFi 2.0 brings with it the potential for vulnerability. Developers and users must remain vigilant to mitigate the risks associated with coding errors or exploits. #### **Regulatory uncertainty:** The evolving regulatory landscape poses challenges for DeFi platforms. Navigating compliance issues becomes critical as governments around the world seek to define their stance on decentralized finance. #### **Market Volatility:** DeFi assets remain sensitive to market volatility. Understanding the risks associated with price fluctuations is essential for users and investors participating in decentralized finance. ### **Rewards and Opportunities:** #### **Improved user experience:** DeFi 2.0 prioritizes user experience, making decentralized finance more accessible to everyday users. Improved interfaces, reduced transaction costs and faster confirmation times contribute to a more user-friendly environment. #### **Increased financial inclusion:** DeFi development aims to bridge the gaps of traditional financial systems and provide financial services to unbanked and underserved populations worldwide. This is in line with the core ethos of decentralized finance – creating a more inclusive financial ecosystem. #### **Innovative financial products:** DeFi 2.0 opens the door to innovative financial products and services. Revenue farming, liquidity provision, and decentralized exchanges continue to evolve, offering users new ways to earn and work with their assets. ### **Conclusion**: Decentralized Finance 2.0 represents a promising chapter in the development of blockchain-based finance. While it brings exciting improvements, users and developers must be aware of the inherent risks. Navigating the complexities of DeFi 2.0 requires a balanced approach that embraces innovation while keeping a close eye on security and regulatory aspects. As the DeFi landscape continues to evolve, staying informed about the latest protocols and staying adaptable will be key to unlocking the full potential of decentralized finance in this new era. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Defi, Unocoin --- ### [Bonk (BONK) Unleashes Trading Excitement! Listed in Unocoin!](https://blog.unocoin.com/bonk-bonk-unleashes-trading-excitement-listed-in-unocoin/) **Published:** January 9, 2024 **Author:** Unocoin Growth **Content:** Bonk (BONK) Unleashes Trading Excitement: Now Available on Unocoin from January 8, 2024! **Introduction:** Get ready for a watershed moment in the world of cryptocurrency trading! Bonk (BONK), a dynamic dog-themed meme coin, will take centre stage as it joins the trading line on Unocoin starting January 8, 2024. This exciting development allows users to immerse themselves in the Bonk experience, trade with relax and ride the waves of this fast-growing asset. Join the revolution when **Bonk/usdt**,[ **Bonk/INR**](https://unocoin.com/in/exchange/inr/bonk), becomes available for trading on Unocoin, ushering in a new era of opportunity for crypto enthusiasts. **Genesis of Bonk Coin on Solana:** Bonk coin, born from the dynamic Solana blockchain, was conceptualized and developed with the primary goal of revitalizing the ecosystem. The Solana blockchain faced challenges such as the collapse of the FTX exchange, which led to a decline in user and developer confidence. However, Bonk Coin has emerged as a community-driven project that seeks to breathe new life into Solana through its unique attributes. **Understanding Meme Coins and Dog-Themed Coins:** Before we dive deeper into Bonk, it is essential to understand the concept of meme coins and their proliferation in the cryptocurrency space. Meme coins, often referred to as dog-themed coins, use popular internet culture and community involvement to drive their projects. Notable examples include [Dogecoin (DOGE)](https://unocoin.com/in/exchange/inr/doge) and [Shiba Inu (SHIB)](https://unocoin.com/in/exchange/inr/shib). Bonk follows this tradition, positioning itself as a “crypt of the people” and emphasizing community-driven development. **Bonko’s vision and white paper:** Still in its infancy, the Bonk coin project outlined its vision in a white paper, although not as detailed as some other projects. Developers emphasize community-driven principles that aim to empower users and distance themselves from centralized control. Amidst the turbulence Solana faced at the end of 2022, Bonk coin emerged with a mission to revive the blockchain, securing partnerships and support from Solana-based platforms. **Bonk Coin Airdrop:** A notable aspect of Bonko’s launch strategy is its massive airdrop, which will distribute 50% of the total coin supply on December 25, 2022. The move contrasts with traditional ICOs and shows the project’s commitment to inclusivity. The airdrop targeted key groups in the Solana ecosystem, including NFT collections, early OpenBook traders, NFT creators, and Solana developers. **Allocating and depositing tokens:** The remaining 50% of Bonk’s coin offering is divided into five categories with a focus on long-term sustainability. Early contributors receive 20%, subject to a three-year grace period, preventing sudden flooding of the market. Future development incentives, a [decentralized autonomous organization (DAO)](https://blog.unocoin.com/2023/05/15/exploring-the-potential-of-daos-decentralized-autonomous-organizations-in-crypto-a-comprehensive-guide/), initial liquidity for Solana DeFi platforms and marketing make up the remaining allocations, demonstrating a strategic and holistic approach to project development. **Strategic partnership with Streamflow Finance:** To deal with the complexity of the massive token landing, Bonk Coin entered into a strategic partnership with Streamflow Finance. This Solana-based token distribution platform specializes in airdrops, token deposits, and cryptocurrency payout automation, ensuring a transparent and secure process. This cooperation strengthens the credibility of Bonk’s mechanisms and ensures protection against potential unfair practices. **Why Solana for Bonk Coin?** The choice of Solana as the blockchain for Bonk coin is justified by its vibrant ecosystem and growth potential. Although a fledgling project, Bonk has already secured partnerships with various Solana-based platforms, including Backpack Wallet, Boibook, Dual Finance, Dialect, Famous Fox Federation and Jupiter Exchange. The goal of these partnerships is to strengthen the Solana ecosystem by extending Bonko’s utility to various platforms. **Market performance and cautionary notes:** Since its launch, Bonk coin has shown remarkable performance in the market, outperforming even the most established cryptocurrencies. With a price increase of over 2000% and a market cap of over $200 million, Bonk has attracted over 85,000 unique wallet addresses. However, caution is advised as the volatile nature of meme coins means unpredictable future movements. **Bonk – where to buy:** You can start trading bonk from our exchange [www.unocoin.com](https://unocoin.com/in/exchange/inr/bonk) **Token burning mechanism and its impact:** Bonk coin uses a token-burning mechanism where users send coins to a burning address, reducing the total supply. This scarcity factor contributes to rapid price growth and creates a positive feedback loop. While this mechanism may benefit from short-term price dynamics, its long-term impact on the [Solana native token (SOL)](https://unocoin.com/in/exchange/inr/sol) remains a matter of debate among cryptocurrency experts. **Conclusion:** In short, Bonk (BONK) represents a significant addition to dog-themed meme coins, leveraging its position on the Solana blockchain to foster community engagement and project growth. With strategic partnerships, a unique launch strategy, and an upward price trajectory, Bonk coin has caught the attention of the crypto community. However, investors should exercise caution, understand the inherent risks associated with meme coins, and be prepared for the unpredictable nature of the cryptocurrency market. Only time will reveal the true development potential of Solana’s latest meme coin as it continues to navigate the evolving landscape of decentralized finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development --- ### [Cardano's Smart Future](https://blog.unocoin.com/cardanos-smart-future/) **Published:** January 8, 2024 **Author:** Unocoin Growth **Content:** ## **The Smart Future of Cardana: ADA’s Competence in Smart Contracts and the Growing Ecosystem** Cardano (ADA), a blockchain platform founded by Charles Hoskinson, has made significant strides in the cryptocurrency space. With a focus on scalability, sustainability and interoperability, Cardano has emerged as a formidable competitor in the smart contract space. In this article, we’ll explore Cardano’s current Total Value Locked (TVL), the growth of its ecosystem, dive into Charles Hoskinson’s vision, and discuss potential price projections after the upcoming halving. ### **Cardano’s Smart Contract Competencies:** Cardano’s journey to becoming a smart contract platform began with its Alonzo upgrade, which was implemented in September 2021. This upgrade allowed developers to create and deploy decentralized applications (DApps) and smart contracts on the Cardano blockchain. Since then, Cardano has seen a steady increase in the number of projects built on its platform, demonstrating its competence in smart contracts. ### **Total Value Locked (TVL) in the Cardano ecosystem:** Total Value Locked (TVL) is a key metric that reflects the total value of assets staked or locked within the blockchain ecosystem. Cardano’s TVL has been steadily increasing, indicating increased community participation and trust. The growth of TVL in the Cardano ecosystem is attributed to the staking of ADA tokens and the use of smart contracts for various decentralized finance (DeFi) applications. Projects such as decentralized exchanges (DEX), lending protocols, and revenue management platforms contribute to the overall TVL and demonstrate the expanding utility of the Cardano blockchain. ### **Ecosystem growth and diverse projects:** The Cardana ecosystem has seen a surge in various projects spanning various industries. DeFi projects, NFT marketplaces and gaming platforms are among the many industries flourishing in the Cardano ecosystem. The platform’s commitment to sustainability and energy efficiency, along with its focus on formal verification, has attracted developers and projects looking for a robust and secure blockchain infrastructure. Cardano’s partnerships and collaborations have also played a key role in helping the ecosystem grow. Collaborations with governments, academic institutions, and industry leaders have positioned Cardano as a blockchain platform with real-world use cases that go beyond speculative investment. ### **Charles Hoskinson’s vision:** Charles Hoskinson, the co-founder of Ethereum and the driving force behind Cardano, has consistently emphasized the vision of a decentralized and inclusive financial system. Its commitment to academic rigor, peer-reviewed research, and long-term perspective set Cardan apart in the blockchain space. Hoskinson envisions Cardano as a platform that addresses the shortcomings of existing blockchain networks. From scalability and sustainability to interoperability, Cardano’s plan reflects Hoskinson’s commitment to solving complex challenges and creating a blockchain that can serve as the foundation for global financial systems. #### **Conclusion**: Cardano’s journey to smart contracts and the growth of its ecosystem reflect the platform’s commitment to innovation and sustainability. With an ever-growing TVL and a diverse array of projects, Cardano has positioned itself as a major player in the blockchain space. Charles Hoskinson’s vision and the platform’s emphasis on academic research and real-world utility contribute to its appeal among developers and investors alike. As Cardano continues to evolve, the upcoming halving event and its potential impact on the ADA price remain points of community interest. However, it is important to approach price projections with caution given the dynamic nature of the cryptocurrency market and the multitude of factors that affect asset valuations. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Ada, bitcoin, Btc, Cardano, Crypto, Unocoin --- ### [Navigating the Crypto Renaissance](https://blog.unocoin.com/navigating-the-crypto-renaissance/) **Published:** January 8, 2024 **Author:** Unocoin Growth **Content:** **January – March 2023: Preparing conditions for recovery** During the first quarter of 2023, the cryptocurrency market began to signal a departure from the previous bear market. The emergence of the bitcoin spot exchange-traded fund (ETF) story, highlighted by BlackRock CEO Larry Fink, played a vital role in the market’s recovery. Fink attributed the surge in Bitcoin (BTC) prices to a “flight to quality” amid prevailing uncertainty. This period set the stage for a more positive trajectory. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.34.21-PM.png "Screenshot 20240105 at 43421 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.34.21-PM.png) [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.34.29-PM.png "Screenshot 20240105 at 43429 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.34.29-PM.png) [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.22-PM.png "Screenshot 20240105 at 42922 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.22-PM.png) **April – June 2023: Tokenization takes center stage** In the second quarter of 2023, real-world asset tokenization has established itself as a transformative technology. Major players in the banking and fund management sectors have actively experimented with tokenization. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.35.26-PM.png "Screenshot 20240105 at 43526 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.35.26-PM.png) Demonstrating a shift towards the convergence of traditional financial services and digital assets. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.31.12-PM.png "Screenshot 20240105 at 43112 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.31.12-PM.png) Euroclear, a major European clearing house, unveiled its tokenized securities issuance service, enabling the World Bank to issue a $106 million digital bond on the Corda blockchain. **July – September 2023: Notable Institutional Adoption and Challenges** In the third quarter, major institutional players such as JPMorgan, Franklin Templeton, Citi, ABN Amro and the EIB actively engaged in asset tokenization, contributing to the upward momentum of the industry. However, there were also problems, with MakerDAO facing liquidity problems and mismanagement. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.42-PM.png "Screenshot 20240105 at 42942 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.42-PM.png)Image source rwaxyzMaple Finance lost funds from a bankrupt borrower, and Goldfinch experienced losses from a defaulting borrower. These challenges highlighted the experimental nature of the emerging field of real-world asset (RWA) tokenization.[![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.34-PM.png "Screenshot 20240105 at 42934 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.29.34-PM.png) October – December 2023: Growth amid risks and initiatives** The last quarter of 2023 saw the continued growth of on-chain tokenization, with stablecoin issuers and DeFi protocols expanding their reach beyond the crypto space. Tangible’s partnership with Galaxy Digital to launch Real USD (USDR) on Polygon is an example of this trend. But challenges persisted, with legal and regulatory uncertainties remaining the main obstacle, as cited by nearly half of institutional investors in a survey conducted by EY-Parthenon. **January – March 2024: Brú Finance and the maturation of the crypto space** In the first quarter of 2024, Brú Finance emerged as a notable example of a DeFi protocol bridging the gap between capital seeking returns in developed countries and credit-starved emerging markets. Brú Finance’s asset-backed lending protocol has launched, serving underbanked communities and demonstrating the potential of decentralized finance. Government bond tokenization has gained momentum, and despite legal challenges, particularly in the US, regulatory tests in the UK, Singapore, Japan and Switzerland have focused on encouraging cross-border collaboration in asset tokenization. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.32.31-PM.png "Screenshot 20240105 at 43231 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.32.31-PM.png) **April – June 2024: Future prospects and industrial cooperation** Looking ahead, the industry expects real-world asset tokenization to reach $10 trillion by the end of the decade. The formation of the Tokenized Asset Coalition (TAC) in early September 2023, composed of industry leaders, highlighted the commitment to advance public blockchains, asset tokenization and institutional DeFi. The crypto space is maturing, moving from frenzy to synergy, and is expected to increasingly integrate with existing financial software, bringing real assets into the chain through tokenization. Institutional thinking, regulatory cooperation and strong secondary market liquidity are identified as major factors for the continued growth and security of RWA tokenization. [![](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.28.43-PM.png "Screenshot 20240105 at 42843 PM | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2024/01/Screenshot-2024-01-05-at-4.28.43-PM.png) Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Development **Tags:** bull market, crypto 2024, crypto market, market dominance --- ### [Ethereum's Evolution: PoW to PoS](https://blog.unocoin.com/ethereums-evolution-pow-to-pos/) **Published:** January 5, 2024 **Author:** Unocoin Growth **Content:** ## **Ethereum’s Evolution: Unveiling the Transition from PoW to PoS and Unleashing of Smart Contracts in ETH 2.0** Ethereum, a pioneer in blockchain technology, is undergoing a monumental transformation with the transition from Proof of Work (PoW) to Proof of Stake (PoS) consensus mechanism, marking the beginning of Ethereum 2.0. At the same time, the upgrade is set to open a new era of possibilities with enhanced smart contract capabilities. In this survey, we delve into the intricacies of Ethereum’s evolution and the profound impact of ETH 2.0 on the world of decentralized applications (DApps) and blockchain technology. ### **Ethereum 2.0: The Path from PoW to PoS:** Ethereum’s current consensus mechanism, Proof of Work, has been integral to its operation since its inception. However, the Ethereum community has realized the limitations of PoW, including scalability issues and environmental issues due to energy consumption. Ethereum 2.0, a comprehensive upgrade, aims to solve these problems by moving to Proof of Stake. ### **Statistics for Proof of Stake (PoS):** Proof of Stake is a consensus mechanism where validators are chosen to create new blocks and verify transactions based on the amount of cryptocurrency they hold and are willing to “stake” as collateral. This move away from energy-intensive mining not only reduces environmental impact but also increases the scalability and efficiency of the Ethereum network. As Ethereum progresses through its multi-phase upgrade, the PoS mechanism is gradually coming into focus. Beacon Chain, a PoS blockchain that runs parallel to Ethereum’s existing PoW chain, has already been launched, signaling the initial steps towards a fully PoS Ethereum network. ### **Current News: Ethereum 2.0 Milestones:** According to recent developments, Ethereum has successfully upgraded Altair, a major step in Ethereum 2.0. Altair implements improvements to the Beacon Chain, optimizing its performance and paving the way for subsequent upgrade phases. The Ethereum community is eagerly anticipating the upcoming shard chains and the full transition to PoS, further cementing Ethereum’s position as the leading blockchain platform. ### **Smart Contracts Released: ETH 2.0 Promise:** In addition to the transition in consensus mechanisms, Ethereum 2.0 promises to revolutionize the capabilities of smart contracts, making them more efficient, secure, and versatile. ### **Improved scalability and reduced gas charges:** Scalability has long been an issue for Ethereum, especially during periods of high network congestion. Ethereum 2.0 addresses this challenge by introducing shard chains, parallel chains that process transactions independently. This architecture significantly increases network capacity, and reduces congestion and transaction fees. Current news regarding Ethereum’s smart contract capabilities includes ongoing research and development to optimize gas fees. EIP-1559, implemented earlier, marked a major step in this direction by introducing a more predictable fee structure. Further developments and upgrades are expected to streamline the user experience and make Ethereum more accessible. ### **Layer 2 solutions and interoperability:** Ethereum’s development is moving beyond the base layer and various layer 2 scaling solutions are coming to the fore. Projects like Optimistic Rollups and zk-Rollups aim to provide faster and more cost-effective transactions by processing them outside of the Ethereum main chain. Additionally, Ethereum’s commitment to interoperability with other blockchains, facilitated by technologies such as the Ethereum Virtual Machine (EVM), opens up avenues for cross-chain collaboration. ### **Conclusion:** In conclusion, Ethereum’s journey from PoW to PoS and the simultaneous enhancement of smart contract capabilities in Ethereum 2.0 represent a pivotal moment in blockchain history. Ongoing development and milestones underscore Ethereum’s commitment to scalability, sustainability, and innovation. As Ethereum 2.0 evolves, the wider blockchain community eagerly awaits the realization of its transformative potential and anticipates a more scalable, efficient, and connected future for decentralized applications and blockchain technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Ether, Ethereum, unocoib --- ### [Bitcoin's Halving: Supply Dynamics](https://blog.unocoin.com/bitcoins-halving-supply-dynamics/) **Published:** January 4, 2024 **Author:** Unocoin Growth **Content:** ## **The Bitcoin Halving: Uncovering Supply Dynamics and the Impact of Scarcity** Bitcoin, a pioneering cryptocurrency, operates on a unique mechanism that differentiates it from traditional fiat currencies – the halving process. Bitcoin halving events, which occur approximately every four years, have a profound impact on the dynamics of its supply, affecting its scarcity and consequently its market value. ### **Bitcoin Halving Mechanism:** Bitcoin’s halving is a predetermined event programmed into its protocol to occur every 210,000 blocks, roughly every four years. The process involves reducing the reward miners receive for verifying transactions by 50%. The initial halving occurred in 2012, with further events occurring in 2016 and 2020. This mechanism is designed to control the rate at which new bitcoins are generated, ensuring a finite and limited supply. ### **Overview of supply dynamics:** Bitcoin’s limited supply of 21 million coins is a fundamental aspect of its design, and halving events play a key role in controlling the rate of issuance. When we delve into the dynamics of supply, it is clear that these events have an impact on both miners and investors. Miners who secure the network by validating transactions experience a reduction in rewards. While this may seem detrimental to miners at first glance, it is consistent with the deflationary nature of Bitcoin and encourages the controlled release of new coins. This controlled supply not only supports scarcity but also serves as an incentive for miners to continue supporting the network through transaction verification. ### **Impact on scarcity:** Bitcoin’s scarcity is a direct result of its limited supply and halving mechanism. Since the emission of new bitcoins is halved during each halving, the rate at which new coins enter circulation is reduced. This declining rate of new supply creates a scarcity effect, similar to precious metals such as gold. Tight supply combined with rising demand contributes to the scarcity narrative and affects investor perception and market dynamics. ### **Impact Halved: Deficiency Stats:** Bitcoin’s scarcity isn’t just theoretical; it has tangible impacts on its market value and broader implications for the cryptocurrency ecosystem. ### **Price volatility and market sentiment:** One of the immediate impacts of the halving events is increased price volatility. Historically, Bitcoin has experienced significant price movements in the months leading up to and following halving events. Investors and traders watch these periods closely and speculate on potential price swings caused by shortages. However, the relationship between scarcity and price is not linear. While scarcity is a key component of Bitcoin’s value proposition, market sentiment, macroeconomic factors and institutional interest also play a pivotal role. Understanding the interplay between these elements provides a more nuanced view of Bitcoin’s post-halving price dynamics. ### **Long-term implications for investors:** For long-term investors, the key factor is the scarcity caused by halving events. The declining rate of new supply positions Bitcoin as a deflationary asset—a characteristic that contrasts sharply with traditional fiat currencies, which are subject to inflationary pressures. This deflationary nature, along with Bitcoin’s growing global recognition as a store of value, adds to its appeal as a hedge against inflation. #### **Conclusion:** In conclusion, the events of the Bitcoin halving offer a fascinating lens through which to examine the complex dynamics of cryptocurrency supply and the resulting impact on scarcity. As the crypto community anticipates future halving events, the ongoing interplay between supply, demand and market sentiment will continue to shape Bitcoin’s evolution as a disruptive financial instrument. Investors and enthusiasts alike must navigate this landscape with a deep understanding of the underlying mechanics and broader implications for the cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Halving, Btc, Crypto, Unocoin --- ### [FIU Notices and Indian Cryptocurrency Exchanges.](https://blog.unocoin.com/fiu-notices-and-indian-cryptocurrency-exchanges/) **Published:** December 29, 2023 **Author:** Unocoin Growth **Content:** The world of cryptocurrencies is on a roller coaster, and regulators are trying to find a balance between innovation and financial security. In a recent development, India’s Financial Intelligence Unit (FIU) has issued notices to leading cryptocurrency exchanges, including Binance, for allegedly operating illegally through offshore entities. The move is part of a broader initiative to bring Virtual Digital Asset Service Providers (VDASPs) under the Anti-Money Laundering/Counter Financing of Terrorism (AML-CFT) framework, highlighting the importance of compliance in the cryptocurrency ecosystem. **Regulatory landscape** The FIU, operating under the Treasury Department of the Treasury, plays a key role in maintaining the integrity of financial systems. In March 2023, cryptocurrency services were officially brought under the AML-CFT framework through an amendment to the Prevention of Money Laundering Act (PMLA) 2002. The move was aimed at curbing illicit financial activities and promoting transparency in the cryptocurrency sector. Notices were issued under Section 13 of the PMLA, emphasizing the importance of compliance with reporting obligations. Cryptocurrency firms, regardless of their physical presence in India, were expected to report suspicious activities similar to traditional banking institutions. While 31 cryptocurrency firms have met these requirements, the FIU pointed out that several offshore entities that cater to a significant portion of Indian users have failed to register and comply with the AML-CFT framework. ### **The importance of compliance in Crypto Exchange** Cryptocurrency exchanges operating within a regulatory framework offer a level of security and accountability that offshore entities may lack. Compliance ensures that these platforms adhere to established standards, quickly report suspicious activity and contribute to the overarching goal of preventing money laundering and combating the financing of terrorism. #### **Advantages of Indian Cryptocurrency Exchanges** 1. **Legal protection for users:** Operating within a regulatory framework, Indian cryptocurrency exchanges provide legal protection to users. In the event of disputes or unforeseen circumstances, users have a legal remedy that may not be readily available when dealing with offshore entities. **2. Enhanced security measures:** AML-CFT compliance often requires robust security measures. In compliance with regulatory standards, Indian Crypto exchanges prioritize the security of user funds and personal information and offer a safer trading environment. **3. Government Recognition:** Cryptocurrency exchanges operating in compliance with Indian regulations enjoy some recognition from the government. This recognition can contribute to a more stable and predictable operating environment for both exchanges and their users. **4. User-friendly reporting mechanisms:** Indian Crypto exchanges are implementing user-friendly suspicious activity reporting mechanisms as part of the regulatory framework. This not only meets legal requirements but also creates a transparent and accountable system for users. **5. Integration with traditional banking:** Compliance often involves working with traditional banking institutions. Being compliant with the regulatory framework, Indian Crypto exchanges facilitate seamless integration with banking services and ease the process of depositing and withdrawing funds for users. You may also like to read [Smart Contract Revolution: Unveiling the Trailblazers – Ethereum and BNB](https://blog.unocoin.com/2023/12/13/smart-contract-revolution-unveiling-the-trailblazers-ethereum-and-bnb/) #### **Possible risks of using offshore platforms** 1. **Legal ambiguities:** Offshore cryptocurrency exchanges can operate in legal gray areas, posing a risk to users who could find themselves without adequate legal recourse in the event of disputes or fraud. **2. Security Concerns:** Some offshore platforms may not adhere to the same strict security standards as those in the Indian regulatory framework, exposing users to the potential risk of hacking and fraud. **3. Lack of regulatory oversight:** Users on offshore platforms may not benefit from the protective umbrella of regulatory oversight, leaving them vulnerable to market manipulation and other illegal activities. **4. Limited support and remedy:** Offshore exchanges may lack a local presence, making it challenging for users to seek timely support or problem resolution. **Conclusion** Recent announcements issued by the FIU highlight the growing importance of cryptocurrency compliance. Operating within a regulatory framework, Indian Crypto exchanges offer users a safer and more responsible environment. Benefits range from legal protection and enhanced security measures to government recognition and user-friendly reporting mechanisms. While the cryptocurrency landscape is rapidly evolving, users should carefully consider the regulatory status of the platforms they choose. Choosing Indian Crypto exchanges not only complies with legal requirements but also ensures a safer and more transparent trading experience. As the industry continues to mature, the emphasis on compliance is likely to play a critical role in shaping the future of cryptocurrency in India. Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News **Tags:** Binance, crypto exchanges Shadow banned in india, FIU, kucoin --- ### [Celebrating Unocoin's 10th Anniversary and the Evolution of Cryptocurrency in India](https://blog.unocoin.com/celebrating-unocoins-10th-anniversary-and-the-evolution-of-cryptocurrency-in-india/) **Published:** December 15, 2023 **Author:** Unocoin Growth **Content:** It’s a remarkable journey that feels like it began just yesterday, yet here we stand at the 10th anniversary of Unocoin’s groundbreaking venture into the world of cryptocurrency. In these ten years, the founders, Sathvik Vishwanath and Sunny Ray, laid the substructure of a revolutionary organization that has not only evolved as a company but has also been a driving force behind the validation and acceptance of the cryptocurrency industry in India. **Celebrate our 10th-year milestone with a special gift! From December 14th at 12 am to December 24th at 11:59 pm, enjoy 0% trading fees exclusively on Exchange – BTC, INR, and USDT pairs. It’s our way of saying thank you for a decade of trust and support. Happy anniversary!** [![Enjoy 0 Trading fee on your exchange transaction](https://blog.unocoin.com/wp-content/uploads/2023/12/Zero-trading-In-app-Banner-2-1024x384.png "Zero trading In app Banner 2 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2023/12/Zero-trading-In-app-Banner-2.png)Enjoy 0 Trading fee on your exchange transaction## **The Unocoin Saga: A Walk Through Memory Lane!** ### **The Beginning:** The story started with Canadian-born Sunny Ray, co-founder of Unocoin, who, out of sheer fascination for Bitcoin, initiated a blog site named “Unocoin” (Uno, a Spanish word meaning “one”). This journey took a significant turn when Sunny, during a community meet-up in Bangalore, crossed paths with Sathvik Vishwanath, a tech enthusiast with a profound interest in cryptocurrencies. Their shared thoughts and aligned ideas laid the foundation for India’s first cryptocurrency exchange. ### **The Initial Years:** While the world’s billionaires marveled at the fast-paced technology, India remained skeptical and speculative about cryptocurrencies. The initial years were a rollercoaster of ups and downs, seeking validation. The turning point came when Barry Silbert, a key figure in the crypto world, decided to invest in Unocoin, providing more than just financial support—a stamp of accreditation. ### **Attaining the Legal Right to Exist:** As Unocoin gained prominence among Indians exploring financial technology, the Indian Government, concerned about the uncertainty in the rapidly growing asset market, proposed a blanket ban on cryptocurrencies. This posed a significant challenge, leading some businesses to close shop. However, Unocoin’s third founder, Mr. Harish B. V., stood up against it and triumphed. The legal victory marked the beginning of a new era, validating the crypto space sought after for years. ### **A Decade Later:** Now, a decade later, the founding pillars remain strong, and Unocoin has experienced tremendous growth. The company continues to tirelessly work towards providing financial freedom to fellow Indians. As we celebrate the 10th anniversary, we look back at the milestones achieved and forward to many more years of innovation, growth, and the pursuit of financial inclusion. ### **Unocoin’s Diverse Offerings:** As we commemorate a decade of Unocoin, it’s worth noting the diverse products that have contributed to its success: - **Cryptocurrency Exchange:** Unocoin stands as India’s first and foremost cryptocurrency exchange, providing a secure and user-friendly platform for trading various digital assets. - **Bitcoin Wallet Services:** The Unocoin wallet has become a trusted companion for users to securely store and manage their Bitcoin holdings. - **Merchant Services:** Unocoin has facilitated the integration of cryptocurrency payments for merchants, fostering a broader acceptance of digital currencies in everyday transactions. - **Educational Initiatives:** Recognizing the importance of financial literacy in the crypto space, Unocoin has actively engaged in educational initiatives to empower users with knowledge about blockchain technology and cryptocurrencies. - **Innovative Partnerships:** Over the years, Unocoin has forged strategic partnerships to enhance its offerings, ensuring a comprehensive and evolving suite of services for its users. As we raise a toast to Unocoin’s 10th anniversary, we anticipate continued success, innovation, and a future where cryptocurrencies play an increasingly integral role in shaping India’s financial landscape. Happy 10th Anniversary, Unocoin! **Categories:** Blog, Featured **Tags:** anniversary, bitcoin, Btc, Crypto, Unocoin --- ### [A Deep Dive into Cosmos (ATOM) and Polkadot (DOT) for Seamless Interoperability](https://blog.unocoin.com/a-deep-dive-into-cosmos-atom-and-polkadot-dot-for-seamless-interoperability/) **Published:** December 27, 2023 **Author:** Unocoin Growth **Content:** ## **Cosmos and Polkadot: Navigating the New Frontier of Cross-Chain Interoperability** ### **1. Cosmos (ATOM): Weaving an Interconnected Blockchain Fabric** In the dynamic field of blockchain technology, interoperability has become a key frontier, and Cosmos (ATOM) is at the forefront of this revolutionary movement. As a project dedicated to creating an interconnected blockchain ecosystem, Cosmos has been instrumental in reshaping how different blockchain networks communicate and share information. Let’s dive into the intricacies of Cosmos and explore its role in achieving cross-chain interoperability. #### **1.1 Understanding Cosmos: A Vision of the Internet of Blockchains** Often referred to as the “internet of blockchains,” Cosmos envisions a future where different blockchain networks can seamlessly communicate and trade with each other. At its core, Cosmos provides a framework for building interoperable blockchains that allow them to connect and share data without compromising security or decentralization. Cosmos Hub serves as the central hub in this ecosystem and facilitates communication between different blockchains, each of which is referred to as a “zone”. #### **1.2 The Cosmos Hub: Nexus for cross-chain transactions** Cosmos Hub uses the Inter-Blockchain Communication (IBC) protocol, a breakthrough technology that enables secure and trusted communication between blockchains within the Cosmos network. IBC enables the transfer of assets and data across different zones, supporting a decentralized and interconnected ecosystem. Cosmos solves the problem of siled blockchain networks by providing a scalable and interoperable solution that can potentially unite various decentralized applications (DApps) and blockchain communities. ### **2. Polkadot (DOT): Bridging blockchains for a multi-chain future** As Cosmos weaves the interconnected fabric of blockchains, Polkadot (DOT) is emerging as another powerful force in the cross-chain interoperability landscape. Polkadot, founded by Dr. Gavin Wood, one of the co-founders of Ethereum, presents a unique approach to interoperability with an emphasis on a multi-chain framework. Let’s explore the intricacies of Polkadot and how it tries to bridge the various blockchains within its ecosystem. #### **2.1 The Polkadot Architecture: Parachains and Relay Chains** Polkadot’s architecture revolves around the concept of parachains – individual blockchains that connect to the main relay chain. The relay chain serves as the heart of the Polkadot network, coordinating communication between the various parachains. Polkadot’s innovative design enables a shared security model where all parachains benefit from the security of the relay chain. This unique approach not only increases security but also enables a more scalable and connected blockchain network. #### **2.2 Cross-Chain communication with XCMP: Decentralized bridge** Polkadot achieves cross-chain communication through the Cross-Chain Message Passing (XCMP) protocol. This protocol allows parachains to send messages and share information with each other, facilitating the transfer of assets and data across the Polkadot network. XCMP acts as a decentralized bridge that connects different blockchains within the Polkadot ecosystem while maintaining security and consensus. ### **3. Comparative analysis: Cosmos vs. Polka dot** While both Cosmos and Polkadot share the overarching goal of achieving cross-chain interoperability, their approaches and underlying technologies differ. This section provides a comparative analysis of Cosmos and Polkadot, highlighting their unique features and contributions to the evolving blockchain interoperability landscape. #### **3.1 Consensus mechanisms: Tendermint vs. Nominated Proof-of-Stake (NPoS)** Cosmos relies on the Tendermint consensus mechanism, known for its speed, finality, and Byzantine fault tolerance. Tendermint ensures fast block confirmations, making it suitable for applications that require low-latency transactions. Polkadot, on the other hand, uses Nominated Proof-of-Stake (NPoS), a consensus mechanism that involves nominators choosing validators to secure the network. NPoS introduces economic incentives to secure the network and achieve consensus. #### **3.2 Security Models: Shared Security vs. Relay Chain** One significant difference lies in how Cosmos and Polkadot approach security. Cosmos follows a hub-and-zone model where each zone secures its transactions independently. In contrast, the Polkadot transmission chain provides shared security for all connected parachains. While both models aim to secure interconnected blockchains, they represent different philosophies in striking a balance between security and decentralization. #### **3.3 Flexibility and governance: standards between chains vs. management in chains** Cosmos introduces Inter-Blockchain Communication (IBC) standards that offer a flexible framework that allows different blockchains to define their own interoperability rules. This flexibility allows developers to tailor interoperability solutions to the specific needs of their blockchains. Polkadot, on the other hand, emphasizes on-chain governance, allowing the network to evolve through decentralized decision-making. The governance model ensures that the network can adapt to changing circumstances without requiring hard forks. ### **4. The future of interoperability across chains: synergy and collaboration** As Cosmos and Polkadot continue to shape the landscape of cross-chain interoperability, the question arises: what is the future of these visionary projects? This section explores the potential synergies, collaborations, and advancements that could emerge as both Cosmos and Polkadot contribute to the maturing blockchain ecosystem. #### **4.1 Cooperation initiatives: Building bridges between networks** The future may see collaborative initiatives between Cosmos and Polkadot where interoperability solutions extend beyond their respective ecosystems. Developers and blockchain communities can explore ways to build bridges between Cosmos and Polkadot, allowing assets and data to flow seamlessly between these two prominent blockchain networks. Such collaboration could amplify the benefits of cross-chain interoperability and create a more connected blockchain environment. #### **4.2 Interoperability standards: Towards a universal language** The introduction of interoperability standards could be a key development in the cross-chain environment. As Cosmos and Polkadot continue to innovate, the industry may see the emergence of universal interoperability standards that will allow different blockchain networks to communicate effortlessly. These standards could support a more inclusive and connected blockchain ecosystem and encourage collaboration between different projects and communities. ### **Conclusion: Pioneering a new era of blockchain connectivity** In conclusion, Cosmos and Polkadot stand as pioneers in the pursuit of cross-chain interoperability, each contributing their Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** atom, bitcoin, Btc, cosmos, Crypto, dot, polkadot, Unocoin --- ### [Happy Christmas from Unocoin - "12 Days of Christmas Surprise"](https://blog.unocoin.com/happy-christmas-from-unocoin-12-days-of-christmas-surprise/) **Published:** December 25, 2023 **Author:** Unocoin Growth **Content:** Celebrate the festive season with Unocoin’s exclusive “12 Days of Christmas Surprise” campaign, where we invite you to unbox daily delights and experience the magic of the holidays in a whole new way. Get ready to scratch your Christmas Crypto Card every day and unwrap exciting surprises that await you during this joyous time of the year. **This event is 26th December,2023 to 6th January, 2024** Here’s a step-by-step guide for claiming the rewards on the Unocoin app: - **Open Unocoin App:** - Launch the Unocoin app on your mobile device. - **Click on Menu:** - Once you’re in the app, locate and click on the Menu icon. This is typically represented by three horizontal lines in the top-left or top-right corner of the screen. - **Select Scratch Card:** - From the Menu options, find and select the “Scratch Card” feature. It might be listed under promotions or special offers. - **View Tasks:** - Inside the Scratch Card section, you will find the tasks corresponding to the ongoing promotions. Each task is associated with a specific reward. - **Complete the Task:** - Click on the task you want to complete. Follow the instructions provided in the task description. It might involve actions like depositing a specified amount, setting up a Smart Buy Plan (SBP), or making a particular type of purchase. - **Claim Your Reward:** - After successfully completing the task, the corresponding scratch card rewards will be unlocked. - **Scratch to Reveal:** - Once the task is completed, you’ll be prompted to scratch the digital card on your screen to reveal your reward. This is a fun and interactive way to discover what you’ve earned. - **Enjoy Your Rewards:** - Congratulations! Your rewards, whether they are Shiba Inu coins, Ethereum, Bitcoin, or any other cryptocurrency, will be credited to your Unocoin wallet. Remember to check the terms and conditions of each task to ensure that you meet all the requirements for claiming the rewards. As the world transforms into a winter wonderland, we at Unocoin are spreading the spirit of crypto cheer with our unique holiday campaign. The “12 Days of Christmas Surprise” is designed to add an extra layer of excitement to your celebrations. Imagine waking up each morning, eager to scratch that festive crypto card and discover what special gift awaits you. Our campaign title says it all: “Unbox daily delights this holiday season!” We understand the importance of making every day special during this festive period. With Unocoin, you can look forward to a new surprise each day, adding a dash of joy to your crypto journey. Whether you’re a seasoned crypto enthusiast or just starting your digital currency adventure, our Christmas Crypto Card has something for everyone. Why limit the holiday magic to just one day when you can revel in surprises for twelve consecutive days? From exclusive discounts and promotions to bonus rewards and unique crypto experiences, our Christmas Crypto Card is your ticket to a season filled with merry moments and unforgettable surprises. Embrace the joy of giving and receiving by participating in our festive campaign. Share the excitement with friends and family, and let the spirit of crypto generosity bring smiles to everyone. Unocoin believes in making the holiday season memorable, and our “12 Days of Christmas Surprise” is the perfect way to infuse your crypto journey with the warmth and magic of Christmas. So, mark your calendars and get ready to scratch, unwrap, and enjoy the holiday spirit with Unocoin. The season for joy and crypto cheer is here, and we’re delighted to be part of your festive celebrations. Join us in making this Christmas extra special by participating in the “12 Days of Christmas Surprise” – because in the world of crypto, every day is a gift waiting to be unwrapped. Happy holidays from Unocoin! **Categories:** Blog, Featured **Tags:** bitcoin, Btc, christmas, Crypto, Unocoin --- ### [Blockchain for Good : How Blockchain is Reshaping Philanthropy](https://blog.unocoin.com/blockchain-for-good-how-blockchain-is-reshaping-philanthropy/) **Published:** December 19, 2023 **Author:** Unocoin Growth **Content:** ## **Blockchain for Good: Transforming Philanthropy Through Transparency, Efficiency and Impact** In the field of philanthropy, the integration of blockchain technology has ushered in a new era of transparency, efficiency and increased impact. Originally designed as the decentralized ledger technology that underpins cryptocurrencies, blockchain has found a natural fit in philanthropy by addressing long-standing issues such as accountability, traceability of funds, and inclusivity. This survey delves into the ways blockchain is reshaping philanthropy and creating a more accountable, efficient and impactful ecosystem for social good. ### **Transparency through immutable ledgers:** At the heart of blockchain’s impact on philanthropy is its ability to create transparent and immutable ledgers. Every donation, transaction, and allocation of funds is recorded on the blockchain, creating an auditable trail that can be accessed by donors, recipients, and stakeholders. This transparency builds trust in the philanthropic sector as donors can track the journey of their contributions and ensure they have a tangible impact. ### **Smart Contracts Simplifying Processes:** Blockchain smart contracts automate and streamline philanthropic processes, reduce administrative overhead, and ensure that a greater percentage of funds go directly to the intended beneficiaries. Smart contracts that trigger automatically when pre-defined conditions are met facilitate seamless transactions, enforce agreements and enable real-time impact tracking, increasing the effectiveness of philanthropic efforts. ### **Decentralized distribution of aid in response to a crisis:** In times of crisis or emergency, the decentralized nature of blockchain is used to efficiently distribute aid. By leveraging blockchain, organizations can create transparent systems to track and deliver aid directly to affected areas. This decentralized approach minimizes bureaucratic hurdles, reduces the risk of corruption and ensures that aid reaches those in need quickly and efficiently. ### **Impact Tokenization:** Blockchain introduces the concept of tokenization to philanthropy, making it possible to create digital tokens representing specific social or environmental outcomes. Donors can invest in these tokens to provide a more detailed understanding of the impact of their contributions. This tokenized approach links donations to measurable results and fosters a results-driven philanthropic environment. ### **Global Donation Without Borders:** Blockchain-powered cryptocurrencies facilitate borderless transactions and enable individuals around the world to engage in philanthropy on a global scale. This inclusivity breaks down geographical barriers and allows people regardless of their location to contribute to causes that resonate with them. The democratization of global giving through blockchain expands the reach of philanthropy and fosters a collective approach to solving global challenges. ### **Empowering accountability through digital identities:** Blockchain’s ability to securely manage digital identities plays a key role in strengthening accountability within philanthropy. It ensures that aid and resources are directed to the intended beneficiaries, reducing the risk of fraud. By providing a decentralized and tamper-proof identity verification system, blockchain protects the integrity of philanthropic efforts. ### **Community-led philanthropy with The DAO:** Decentralized Autonomous Organizations (DAOs) built on the blockchain enable community-led philanthropy. These organizations operate based on smart contracts that allow community members to collectively make decisions about the allocation of funds and charitable initiatives. This decentralized decision-making allows individuals to have a direct impact on philanthropic efforts, fostering a sense of ownership and community social change. ### **Challenges and future considerations:** While blockchain holds immense promise for reshaping philanthropy, challenges such as regulatory uncertainties, scalability, and the need for user education need to be addressed. Achieving a balance between innovation and compliance is critical to ensuring the continued growth and positive impact of blockchain in the philanthropic sector. #### **Conclusion:** Blockchain for good is not just a slogan; means a revolutionary shift in philanthropy towards a more transparent, efficient and effective model. As blockchain technology continues to evolve, its potential to reshape the donation landscape for the better is increasingly evident. In this blockchain-powered era of philanthropy, the ethos of social good is amplified, promising a future where philanthropy is not just an act of generosity, but a catalyst for lasting positive change. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, blockchain, Btc, Crypto, Unocoin --- ### [Optimizing Blockchain: Exploring Optimism's Layer 2 Scaling Solutions](https://blog.unocoin.com/optimizing-blockchain-exploring-optimisms-layer-2-scaling-solutions/) **Published:** December 20, 2023 **Author:** Unocoin Growth **Content:** ## **Optimism: A Paradigm Shift in Blockchain Scalability with Layer 2 Solutions** ### **1. Revealing optimism: a beacon of scalability for Ethereum** Despite its transformative potential, blockchain technology has struggled with scalability, and smart contract pioneer Ethereum is no exception. In response, Optimism has emerged as a beacon of scalability, introducing innovative second-layer solutions that promise to revolutionize the Ethereum network. Let’s dive into the intricacies of optimism, explore its role in mitigating scalability issues, and pave the way for a more efficient and user-friendly blockchain. #### **1.1 Understanding the scalability issue** The exponential growth of decentralized applications (DApps) on the Ethereum blockchain has exposed its scalability limitations. As demand for transaction processing increases, Ethereum faces congestion issues, resulting in higher gas fees and slower confirmation times. This bottleneck prevents the mainstream adoption of decentralized technologies and requires a comprehensive solution to increase the scalability of blockchain networks. #### **1.2 Enter Optimism: Overview of Layer 2 Solutions** Optimism, formerly known as Optimistic Ethereum, has proven to be a pioneer in solving Ethereum’s scalability issues. At its core, Optimism uses a layer 2 scaling solution, namely Optimistic Rollups, to ease the strain on the Ethereum network. Optimistic Rollups aim to improve scalability by processing off-chain transactions while ensuring security through on-chain validation, significantly reducing gas fees and transaction settlement times. ### **2. Optimistic summaries: Transformative advances in scalability** Optimistic Rollups represent a key advancement in the second layer scaling solution and offer a promising path to achieving higher throughput and lower costs on the Ethereum network. This section will dive into the mechanics of Optimistic Rollups and explore the transformative impact they bring to the blockchain landscape. #### **2.1 Off-Chain Execution, On-Chain Security: An Optimistic Approach** Optimistic Rollups work on a simple but powerful principle. Transactions are initially executed off-chain in a more flexible and scalable environment. These off-chain transactions are then sent to the main Ethereum network where they go through a verification process. This process, known as optimistic execution, relies on the assumption that most participants are acting honestly. By combining the efficiency of off-chain execution with the security of on-chain authentication, Optimistic Rollups strike a balance that greatly improves scalability without compromising security. #### **2.2 Gas Fee Reduction: A Game Changer for Users** One of the most compelling aspects of Optimistic Rollups is their potential to drastically reduce gas fees on the Ethereum network. Since most transaction processing takes place off-chain, users can experience faster and more cost-effective transactions. This reduction in gas fees solves a major problem for Ethereum users as decentralized applications and transactions are more accessible to a wider audience. It also aligns with the broader goal of fostering mainstream adoption by providing a more user-friendly and economically viable blockchain environment. #### **2.3 Improved throughput: Acceleration of transaction confirmations** Optimistic Rollups offer a significant increase in transaction throughput compared to traditional on-chain processing. Off-chain transactions allow for a larger volume of transactions to be processed simultaneously, resulting in faster confirmations. This improved throughput not only improves the overall user experience, but also makes Ethereum more competitive with traditional financial systems in terms of transaction speed. ### **3. The way forward: implications and future prospects** As Optimistic Rollups redefine Ethereum scalability, the implications for the broader blockchain ecosystem are profound. This section explores the potential impact of Optimistic Rollups on decentralized applications, user adoption, and the development of second-layer solutions in the future. #### **3.1 Empowering Decentralized Applications (DApps): Fostering Innovation** Decentralized applications form the backbone of the Ethereum ecosystem, which spans industries ranging from finance to gaming. Optimistic Rollups enable DApp developers to provide scalable infrastructure to accommodate a growing user base. Reduced gas fees and faster confirmation times make DApps more attractive and practical, encouraging innovation in the development of new and improved decentralized solutions. #### **3.2 User adoption: Lowering barriers to entry** One of the primary barriers to mainstream blockchain adoption has been the complexity and cost associated with transactions. Optimistic Rollups play a key role in reducing these barriers by making transactions more accessible and efficient. As scalability improves, user adoption is likely to increase, bringing blockchain technology closer to achieving its potential as a decentralized and accessible global infrastructure. #### **3.3 Evolution of layer 2 solutions: The future of collaboration** Optimistic Rollups represent a significant milestone in the continued evolution of layer two scaling solutions. As blockchain developers and researchers continue to explore ways to improve scalability and usability, collaborative efforts are expected to yield even more sophisticated solutions. The integration of Optimistic Rollups into the wider Ethereum ecosystem marks the beginning of a shared future where Layer 2 solutions work together to create a scalable and interconnected blockchain. ### **Conclusion: The Lasting Impact of Optimism on Blockchain Scalability** In conclusion, Optimism’s foray into layer 2 scaling solutions has sparked a transformational journey to overcome Ethereum’s scalability issues. Through the innovative approach of Optimistic Rollups, the blockchain community is witnessing significant progress in increasing transaction throughput and reducing costs. As the technology continues to mature, the implications for decentralized applications, user adoption, and the development of second-layer solutions are profound. The optimism is a testament to the industry’s determination to overcome obstacles, unlock new possibilities, and usher in a more scalable and inclusive era for blockchain technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, layer 2, Unocoin --- ### [Smart Contract Revolution: Unveiling the Trailblazers - Ethereum and BNB](https://blog.unocoin.com/smart-contract-revolution-unveiling-the-trailblazers-ethereum-and-bnb/) **Published:** December 13, 2023 **Author:** Unocoin Growth **Content:** ## **Ethereum and Binance Smart Chain: A Deep Dive into Smart Contract Platforms and EVM Compatibility** ### **1. Ethereum: Uncovering the Genesis of Smart Contracts** In the ever-evolving landscape of blockchain technology, Ethereum is the pioneer that introduced the concept of smart contracts. These self-executing contracts encoded with pre-defined rules and conditions have revolutionized the way decentralized applications (DApps) work. Ethereum’s importance goes beyond its role as a cryptocurrency; serves as a decentralized computing platform allowing developers to create a myriad of applications that run on a trusted and transparent blockchain. #### **1.1 The Ethereum Smart Contract Ecosystem: A Foundation for Innovation** Ethereum’s smart contract ecosystem has paved the way for a variety of applications, from decentralized finance (DeFi) platforms to non-fungible tokens (NFTs). The decentralized nature of these applications eliminates the need for intermediaries and provides users with a trustless environment. However, as Ethereum gained in popularity, issues such as scalability and high transaction costs arose, leading to the exploration of solutions such as Ethereum 2.0 and Layer 2 scaling solutions. #### **1.2 EVM Compatibility: Connecting the Dots** Ethereum Virtual Machine (EVM) compatibility has become a key point for the growth and collaboration of Ethereum within the blockchain. As various smart contract platforms emerged, such as Binance Smart Chain (BNB), Polkadot and others, achieving EVM compatibility became a strategic move. This compatibility allows developers to seamlessly port existing Ethereum smart contracts, promoting interoperability and fostering a more connected blockchain ecosystem. ### **2. Binance Smart Chain: Navigating a Parallel Universe** While Ethereum paved the way for smart contracts, Binance Smart Chain (BNB) has emerged as a formidable competitor, offering an alternative that addresses some of the limitations faced by the Ethereum network. The introduction of BNB marked a shift in focus towards faster transaction speeds and lower fees to cater to a diverse range of developers and users. #### **2.1 Smart Contract Landscape BNB: Center for Innovation** Binance Smart Chain’s compatibility with the Ethereum virtual machine has allowed developers to leverage their existing skills and knowledge, making the transition from Ethereum to BNB easier. This compatibility has contributed to the rapid adoption of BNB and fostered a dynamic ecosystem of decentralized applications, decentralized exchanges, and various DeFi protocols. #### **2.2 Interplay between BNB and Ethereum: Collaborative Competition** The competition and cooperation between Ethereum and Binance Smart Chain have given rise to a symbiotic relationship that pushes both platforms to innovate and solve the industry’s pressing problems. While Ethereum explores solutions like Ethereum 2.0 and Layer 2 scaling, BNB continues to offer an alternative that emphasizes speed and cost efficiency. This interplay benefits both developers and users as they witness the maturation of smart contract platforms and the evolution of the broader blockchain landscape. ### **Conclusion: Towards a synergistic future** In conclusion, the journey of Ethereum and Binance Smart Chain in smart contracts and EVM compatibility reflects the rapid development of blockchain technology. As a pioneer, Ethereum laid the foundation for decentralized applications and smart contracts, while Binance Smart Chain has emerged as a dynamic alternative that emphasizes speed and affordability. The interplay between these platforms demonstrates the collaborative competition that drives the entire blockchain ecosystem forward, promising a future where smart contracts and decentralized applications become more accessible, scalable, and connected. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, bnb, Btc, Crypto, Eth, Ether, Ethereum, Smart Contracts, Unocoin --- ### [Orbiting Innovation: The Evolution of Space Technology in crypto](https://blog.unocoin.com/orbiting-innovation-the-evolution-of-space-technology-in-crypto/) **Published:** December 11, 2023 **Author:** Unocoin Growth **Content:** ## **Orbiting Innovation: The Evolution of Space Technology in Crypto** The intersection of space technology and cryptocurrency has given rise to a new era of innovation, where both domains influence and shape each other in unexpected ways. In this survey, we delve into the evolution of space technology in the crypto space and examine real projects that demonstrate the transformative potential of combining these two frontiers. ### **Tokenization of satellite services:** Traditional satellite services involve complex financial structures and regulatory frameworks. Cryptocurrency, with its decentralized nature, introduces the concept of satellite service tokenization. Companies like SpaceChain have launched blockchain-based satellites and their services are powered by tokens. These tokens facilitate seamless transactions for the use of satellites and enable a more efficient and decentralized approach to accessing space infrastructure. ### **Decentralized satellite constellations:** Cryptocurrency projects have set out to create decentralized satellite constellations that offer a range of services, from global internet coverage to data collection. One notable example is the SpaceX Starlink project. While not using blockchain technology, Starlink’s ambition to create a global satellite internet constellation is in line with the decentralized ethos of the crypto space. Blockchain integration could further increase the transparency and efficiency of such initiatives. ### **Cryptocurrency Space Nodes:** The idea of ​​cryptocurrency space nodes involves deploying blockchain nodes in orbit. Nexus, a cryptocurrency project, explored this concept by launching satellites that act as ground stations for its blockchain network. This decentralizes the infrastructure supporting the cryptocurrency, making it more robust and resistant to censorship. ### **Tokenized Space Exploration Funding:** Traditional funding models for space exploration often involve government agencies or large corporations. Cryptocurrencies enable tokenized crowdfunding for space missions, allowing individuals to invest in or contribute to specific projects. For example, Israeli non-profit SpaceIL used a token sale to fund its lunar exploration mission, providing an example of how cryptocurrency can democratize and diversify funding sources for space efforts. ### **Blockchain for Space Data Transactions:** The space industry generates vast amounts of data, from satellite imagery to telemetry. Blockchain technology provides a secure and transparent way to process space-related data transactions. Projects like SpaceChain aim to use blockchain for secure, decentralized data storage and transactions in space, opening up new possibilities for data-sharing initiatives and collaborations. ### **Cosmic NFTs (Non-Functional Tokens):** Non-fungible tokens, or NFTs, have gained significant popularity in the arts and entertainment industry. Space-themed NFTs have emerged that represent ownership or access to space-related content. For example, projects like CryptoMotors have explored the creation of NFTs representing virtual space vehicles, adding a new dimension to the intersection of space and crypto. ### **Decentralized satellite communication:** The concept of decentralized communication via satellites is gaining ground. Companies like SpaceMesh are exploring the idea of ​​creating a decentralized global communications network using satellite infrastructure. Blockchain is used to incentivize users to share their excess bandwidth, creating a peer-to-peer satellite communications network. ### **Challenges and prospects for the future:** While the marriage of space technology and cryptocurrency brings exciting possibilities, it is not without challenges. Regulatory complexities, technical hurdles and the sheer cost of space missions remain significant obstacles. In addition, the environmental impact of space launches is a growing concern. However, as technology matures and collaboration between the space and crypto communities deepens, these challenges can be addressed. #### **Conclusion:** The development of space technology in the crypto space represents a frontier where innovation knows no bounds. From tokenizing satellite services to deploying blockchain nodes in orbit, these initiatives demonstrate the transformative potential of combining space technology and cryptocurrency. As these projects continue to develop, they are paving the way for a future where space exploration is not just the domain of governments and mega-corporations, but a collaborative effort powered by decentralized technologies that support a new era of exploration and discovery. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Nft, space, Unocoin --- ### [Financial Equality: Bridging the Divide in Developing Crypto Economies](https://blog.unocoin.com/financial-equality-bridging-the-divide-in-developing-crypto-economies/) **Published:** December 8, 2023 **Author:** Unocoin Growth **Content:** ## **Empowering Economies: Bridging the Financial Gap in the Crypto Economy** In the dynamic environment of finance, the emergence of the crypto-economy has brought transformative opportunities to strengthen economies around the world. Thanks to its decentralized nature and innovative technologies, the crypto-economy offers solutions to long-term financial challenges, bridging gaps and providing financial inclusion to previously underserved individuals and regions. In this survey, we delve into how the crypto-economy is empowering economies, breaking down barriers, and fostering a more inclusive and accessible financial ecosystem. ### **Financial inclusion through decentralization:** One of the key pillars of the crypto economy philosophy is decentralization. Traditional financial systems often exclude large sections of the population, especially in developing regions, due to factors such as insufficient access to banking infrastructure or regulatory barriers. Cryptocurrencies operating on decentralized networks provide individuals with the means to participate in the global economy without the need for traditional intermediaries. This decentralization not only enables peer-to-peer transactions but also opens the door to financial services for non-banks and non-banks. ### **Cross-border transactions and money transfers:** The crypto economy excels in facilitating cross-border transactions and money transfers. Traditional methods of transferring money across borders are often costly and time-consuming, especially for those in developing countries. Cryptocurrencies offer a faster and more affordable alternative. Through blockchain technology, users can send and receive funds globally with reduced fees and faster transaction times, allowing individuals and businesses to engage in international trade and finance without the constraints of traditional banking systems. ### **Microtransactions and fractional ownership:** Cryptocurrencies enable microtransactions, allowing users to efficiently send and receive small amounts of value. This capability is revolutionary for industries like content creation, where microtransactions can be used directly to support artists, writers, and musicians. In addition, blockchain technology facilitates fractional ownership and allows individuals to invest in assets traditionally considered inaccessible. This democratization of investment opportunities has the potential to reshape the distribution of wealth and provide financial empowerment to a wider range of people. ### **Decentralized finance (DeFi) as a catalyst:** Decentralized finance (DeFi) represents a paradigm shift in the traditional financial system by offering a wide range of financial services without relying on centralized intermediaries. Through blockchain-based smart contracts, DeFi platforms provide lending, borrowing and trading services, promoting financial inclusion by making these services available to anyone with an internet connection. The rise of DeFi has the potential to create a more inclusive and fair global financial system, providing opportunities for individuals previously excluded from traditional banking services. ### **Cryptocurrency as a hedge against economic instability:** In regions facing economic instability, cryptocurrencies offer a hedge against inflation and currency devaluation. Citizens of countries going through an economic crisis often turn to cryptocurrencies as a store of value that provides a degree of financial stability in the face of volatile national currencies. This use case demonstrates the potential of cryptocurrencies to empower individuals in economically challenging environments and protect their wealth from the effects of inflation and economic downturns. ### **Challenges and regulatory aspects:** While the crypto economy presents opportunities for financial empowerment, it is not without challenges. Regulatory uncertainties, security concerns, and the need for user education are among the obstacles that need to be addressed to realize the full potential of cryptocurrencies. Achieving a balance between innovation and regulation is critical to fostering a stable and secure environment for crypto-economic activities. #### **Conclusion:** The crypto-economy is a powerful force for strengthening economies, offering solutions to long-term financial problems and promoting greater financial inclusion. From decentralized financial services to cross-border transactions and hedging against economic instability, cryptocurrencies have the potential to reshape the global financial landscape. As the crypto-economy continues to evolve, addressing the challenges and adopting regulatory frameworks will be critical to unlocking its full potential and ensuring that it serves as a catalyst for positive economic transformation worldwide. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Unleashing Creativity - Exploring Art, Music, and Culture on the Blockchain](https://blog.unocoin.com/unleashing-creativity-exploring-art-music-and-culture-on-the-blockchain/) **Published:** December 6, 2023 **Author:** Unocoin Growth **Content:** ## **Blockchain Unleashed: Transforming Art, Music and Culture Through Decentralization** ### **Introduction**: Originally designed as the underlying architecture for cryptocurrencies, blockchain technology has transcended its financial roots to find a new canvas in art, music and culture. The decentralized and transparent nature of blockchain is revolutionizing the way creators and consumers interact and fostering a paradigm shift that empowers artists, musicians and cultural innovators. In this survey, we delve into blockchain’s impact on these creative domains and uncover how it will unleash a wave of democratization, transparency, and innovation. ### **Decentralized Art Market:** The traditional art market, characterized by exclusive galleries and intermediaries, often presents barriers to entry for emerging artists. Blockchain represents a decentralized art marketplace that allows artists to showcase and sell their work directly to a global audience. Through blockchain-based platforms, artists can tokenize their creations and provide digital certificates of authenticity that are transparent, verifiable and immutable. This not only ensures the integrity of the artwork but also allows artists to receive fair compensation without the need for intermediaries. ### **Tokenization of cultural assets:** Blockchain’s ability to tokenize assets extends beyond visual art to include cultural assets such as historical artifacts, manuscripts, and even moments in time. By tokenizing these assets, the blockchain preserves and authenticates cultural heritage and makes it available to a global audience. This democratization of cultural assets ensures that their value is not limited to exclusive circles, but can be shared and appreciated by a diverse and decentralized community. ### **Smart contracts in the music industry:** The music industry has long been plagued by issues of fair compensation, copyright infringement and complex royalty distribution systems. Blockchain introduces smart contracts, self-executing contracts with the terms of the agreement written directly into the code. In the music industry, smart contracts automate royalties and ensure that artists receive their fair share in real-time based on predetermined conditions, such as the number of streams or downloads. This transparent and efficient system solves long-standing problems of transparency and fairness in the music business. ### **Decentralized Autonomous Organizations (DAOs) in Cultural Initiatives:** Blockchain facilitates the creation of Decentralized Autonomous Organizations (DAOs), which are community-driven entities governed by smart contracts. In the cultural sphere, DAOs allow communities to collectively fund and support creative projects. From art installations to music festivals, these decentralized initiatives provide a platform for community participation in decision-making and resource allocation. DAOs are redefining the traditional sponsorship model, allowing a wider audience to participate in the creation and success of cultural endeavors. ### **Immutable Identity and Copyright Protection:** The issue of intellectual property rights and copyright infringement has plagued the creative industry for years. Blockchain immutability ensures a permanent record of ownership and attribution. Artists and creators can register their work on blockchain networks, providing unfalsifiable proof of creation and ownership. This not only protects artists from unauthorized use but also simplifies the licensing and attribution process and creates a more transparent and accountable creative ecosystem. ### **Challenges and prospects for the future:** While blockchain brings transformational changes, it is not without challenges. Scalability, environmental concerns, and regulatory uncertainties are obstacles the technology still faces. However, continued developments in blockchain protocols, the rise of green alternatives, and greater regulatory clarity are shaping a promising future for blockchain in the creative industries. #### **Conclusion:** Blockchain’s impact on art, music and culture is an unfolding saga of empowerment, transparency and democratization. From decentralized art markets to smart contracts in the music industry, blockchain is reshaping the way we create, consume and value cultural expression. As technology continues to evolve, its potential to redefine the very fabric of the creative industries is increasingly evident, promising a future where artists and cultural innovators are no longer bound by traditional constraints, but are free to explore, create and connect on a global scale. , decentralized stage. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, gaming nft, Nft, nft gaming, Nft Marketplace, Unocoin --- ### [The Evolution of Digital Currencies: Unraveling Ideological Roots in the Crypto World](https://blog.unocoin.com/the-evolution-of-digital-currencies-unraveling-ideological-roots-in-the-crypto-world/) **Published:** December 5, 2023 **Author:** Unocoin Growth **Content:** ## **The Evolution and Philosophy of Cryptocurrency: The Path of Digital Innovation** ### **Introduction:** Cryptocurrency, a revolutionary digital asset, has undergone a remarkable evolution since the inception of Bitcoin in 2009. Originally designed as an alternative to traditional financial systems, cryptocurrency has not only disrupted the way we perceive money but has also given rise to a unique philosophy that challenges existing economic paradigms. In this survey, we delve into the evolution of cryptocurrency and its underlying philosophy, tracing its journey from a niche concept to a global financial phenomenon. ### **Birth of Bitcoin:** The saga of cryptocurrencies began when the mysterious Satoshi Nakamoto published a white paper on Bitcoin in 2008. Bitcoin, a pioneering cryptocurrency, introduced the concept of a peer-to-peer decentralized electronic cash system that enables safe, borderless transactions without the need for intermediaries. like banks. The decentralized nature of Bitcoin, based on blockchain technology, laid the foundation for a new era in finance. ### **Decentralization and Trustless Transactions:** One of the basic pillars of cryptocurrency philosophy is decentralization. Traditional financial systems rely on centralized authorities such as banks and governments to validate and facilitate transactions. Cryptocurrencies, on the other hand, operate on decentralized networks of nodes that collectively verify and record transactions. This eliminates the need for trust in a central authority and supports a trusted system where transactions are verified by network consensus. ### **Blockchain technology and transparency:** The development of cryptocurrency is intricately connected with the development of blockchain technology. Blockchain serves as a decentralized ledger that records all transactions in a network of computers. Its transparent and immutable nature ensures that once a transaction is recorded, it cannot be altered, providing a level of transparency and security previously unseen in traditional financial systems. This transparency is in line with the philosophy of giving individuals control over their financial transactions and data. ### **Cryptocurrency Diversification:** Bitcoin has paved the way for many altcoins, each with its own unique characteristics and use cases. Introduced in 2015, Ethereum brought smart contracts to the table, enabling programmable and self-executing contracts without the need for intermediaries. The diversification of cryptocurrencies shows the evolving nature of this digital revolution, catering to specific needs and preferences within a decentralized ecosystem. ### **Financial inclusion and empowerment:** The philosophy behind cryptocurrency goes beyond simply transferring value; embodies financial inclusion and empowerment. The traditional banking system has left billions of people unbanked or underbanked, primarily due to geographic limitations and bureaucratic hurdles. Cryptocurrencies offer a solution by providing a financial infrastructure accessible to anyone with an internet connection, bypassing the barriers imposed by traditional banking systems. ### **Challenges and regulatory environment:** As cryptocurrency has gained mainstream attention, it has also faced challenges, particularly in the regulatory realm. Governments and financial institutions struggled with how to integrate this new form of currency into existing frameworks. The decentralized and pseudonymous nature of cryptocurrencies has raised concerns about illegal activities and tax evasion. Striking a balance between innovation and regulation remains an ongoing challenge shaping the evolving cryptocurrency landscape. ### **The Rise of Decentralized Finance (DeFi):** The development of cryptocurrencies gave rise to the phenomenon of decentralized finance (DeFi). DeFi platforms use blockchain technology to reinvent traditional financial services such as lending, borrowing and trading in a decentralized manner. By removing middlemen, DeFi aims to make financial services more accessible, efficient and inclusive. These developments highlight the potential of cryptocurrencies not only as a medium of exchange but also as a transformative force in reshaping the entire financial ecosystem. ### **Environmental Debate:** One of the more recent challenges to the cryptocurrency philosophy revolves around environmental issues, especially in the case of energy-intensive proof-of-work consensus mechanisms. The environmental impact of cryptocurrency mining has sparked debates about sustainability and the need for greener alternatives. The industry is responding with innovations such as proof-of-stake consensus mechanisms that aim to address these concerns and align cryptocurrencies with broader environmental goals. #### **Conclusion:** Cryptocurrency development and philosophy are dynamic and multifaceted. From the birth of Bitcoin to the rise of DeFi, the journey has been marked by innovation, challenges and paradigm shifts. Rooted in decentralization, transparency, and financial empowerment, cryptocurrency philosophy continues to shape its trajectory and influence the broader financial landscape. As the industry grapples with regulatory hurdles and environmental concerns, the future of cryptocurrencies remains a fascinating exploration of the potential transformation of global finance. 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As this technology continues to evolve, it has the potential to deeply impact various industries, including cryptocurrency exchanges. This article delves into the implications of quantum computing on crypto exchanges, exploring both the potential disruption and opportunities it may bring. ### **Quantum threat to cryptographic systems:** Cryptocurrencies rely heavily on cryptographic algorithms such as RSA and elliptic curve cryptography to protect transactions and protect users’ funds. These algorithms are built on mathematical problems, the solution of which is considered computationally demanding by classical computers. However, quantum computers, armed with quantum algorithms such as Shor’s algorithm, have the potential to break these encryption methods. As a result, the security, privacy and integrity of cryptocurrencies and blockchain technology face significant threats. ### **Opportunities for Innovation: Quantum-Resistant Algorithms** Pioneering Post-Quantum Cryptography: Despite the threat that quantum computing poses to current cryptographic systems, it also represents an opportunity for innovation and progress. The development of quantum-resistant algorithms, also known as post-quantum cryptography, aims to address these vulnerabilities. Scientists are actively working on creating new cryptographic algorithms that can withstand attacks from quantum computers. To ensure the long-term security of their platforms and user assets, crypto exchanges must adopt these quantum-resistant algorithms. ### **Increased Efficiency and Scalability: The Potential of Quantum Computing** Quantum computing has the potential to increase the efficiency and scalability of crypto exchanges. The exceptional speed and computing power of quantum computers can facilitate faster transaction processing, thereby improving overall exchange performance. In addition, quantum computing algorithms can help in data analysis, risk management and optimization of trading strategies. This could allow crypto exchanges to offer more advanced trading services and provide users with better liquidity options. ### **Cooperation and Regulation: Navigating the Quantum Era** Building bridges between the quantum and cryptocurrency communities: As quantum computing continues to evolve, collaboration between the quantum and cryptocurrency communities becomes paramount. Researchers, developers, and industry experts must work together to solve the security challenges posed by quantum computing and develop quantum-resistant solutions for the crypto ecosystem. Through joint efforts, the integration of quantum technologies into the crypto industry can be safely achieved. Adaptive Regulations for a Secure Future: Regulators play a critical role in adapting policies to ensure the secure integration of quantum technologies into the crypto industry. Remaining vigilant and responsive to the evolving environment is critical to protecting the interests of users and the overall integrity of the market. #### **Conclusion:** Quantum computing presents both threats and opportunities for crypto exchanges. The vulnerability of current cryptographic algorithms requires immediate attention and the adoption of quantum-resistant solutions. However, it is necessary to realize the potential advantages that quantum computers offer. Through collaboration, innovation, and regulatory adaptation, crypto exchanges can harness the power of quantum computing to improve their operations, provide superior services, and unlock new possibilities for the future of digital finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Quantum, Unocoin --- ### [Crypto Art and NFTs: A New Way to Save the Environment](https://blog.unocoin.com/crypto-art-and-nfts-a-new-way-to-save-the-environment/) **Published:** November 29, 2023 **Author:** Unocoin Growth **Content:** ## **The Rise of Eco-Friendly NFTs** The intersection of cryptocurrency, especially Non-Functional Tokens (NFT), and environmental awareness has given birth to a new wave of innovation – Eco-Friendly NFT. As concerns grow about the carbon footprint of blockchain technology, artists, platforms and enthusiasts are actively seeking sustainable solutions. This article explores current trends and happenings in crypto art and NFTs, focusing on initiatives that aim to minimize environmental impact and promote a greener digital art ecosystem. ## **Green initiatives and sustainable practices** ### **Carbon-neutral NFT platforms** In response to environmental criticism of traditional NFT platforms, a new wave of environmentally focused platforms has emerged. These platforms prioritize sustainability by implementing carbon offset programs, using green blockchain networks, or exploring proof-of-stake consensus mechanisms. Artists and collectors are increasingly gravitating to these platforms, helping to reduce the overall carbon footprint associated with Crypto Art and NFT transactions. ### **Renewable energy and blockchain** As the crypto community becomes more environmentally conscious, there is a growing emphasis on using renewable energy sources to power blockchain networks. Some NFT projects and platforms are actively working to transition to greener energy alternatives in order to make the creation and trading of digital art more sustainable. This trend is in line with the broader global push for renewable energy sources and underscores the crypto community’s commitment to addressing the environmental issues associated with blockchain technology. ### **Artistic activism and environmental causes** Crypto artists use their creations as a means of environmental activism. Artworks dedicated to climate change, conservation efforts and sustainable practices are gaining popularity. Some artists pledge a percentage of their NFT sales to environmental causes, contributing to environmental initiatives and promoting a sense of responsibility within the community. This trend not only raises awareness but also transforms Crypto Art into a powerful tool for positive change. ### **Verification of NFT and environmental impact metrics** To address the lack of transparency regarding the environmental impact of NFTs, there is a growing demand for platforms that provide clear metrics of the carbon footprint associated with each transaction. Some initiatives aim to implement verifiable methodologies to assess and disclose the environmental impacts of non-financial transactions. This move towards transparency reflects the industry’s commitment to accountability and allows users to make informed decisions regarding their involvement in the crypto art market. ### **Sustainable art marketplaces and collaborations** The emergence of sustainable art marketplaces marks a significant shift in the NFT ecosystem. These platforms manage collections that favor environmentally friendly practices and attract artists and collectors who share a commitment to sustainability. The collaboration between artists, environmental organizations and blockchain developers further highlights the potential of cryptographic arts and NFTs to positively contribute to global environmental efforts. #### **Conclusion: Navigating a greener future for digital art** In conclusion, the convergence of crypto art and environmentally conscious NFTs represents a transformative phase in the digital art landscape. From green platforms and renewable energy initiatives to artistic activism and transparent metrics, current trends indicate a concerted effort to address and mitigate blockchain technology’s environmental impact. As the crypto community moves towards a greener future for digital art, exploring sustainable practices and collaborative efforts will likely play a key role in shaping a more environmentally responsible and conscious Crypto Art ecosystem. 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As we navigate the complexities of a digital era, the fusion of these two groundbreaking technologies is redefining the way we perceive and interact with financial systems. This article delves into the profound impact of AI on cryptocurrency, exploring current trends that are shaping the future of finance. ## **Transformative Trends: AI’s Current Role in Crypto** ### **Smart Trading and Predictive Analytics** One of the most palpable effects of AI in the cryptocurrency realm is its ability to revolutionize trading. AI-powered algorithms analyze vast datasets, identify patterns, and execute trades with unprecedented speed and accuracy. This not only enhances trading efficiency but also minimizes human errors. As we witness the rise of decentralized finance (DeFi), AI-driven trading bots are becoming integral to optimizing liquidity and ensuring market stability. The predictive analytics capabilities of AI contribute to informed decision-making, giving traders a competitive edge in the volatile crypto markets. ### **Fraud Detection and Security Enhancement** Cryptocurrencies, though decentralized, are not immune to security threats and fraudulent activities. AI plays a pivotal role in fortifying the security measures of blockchain networks. Machine learning algorithms are adept at detecting unusual patterns and anomalies in transaction behaviors, offering an additional layer of defense against hacking attempts and unauthorized access. The integration of AI-driven security protocols is a current trend that is bolstering the trustworthiness of cryptocurrency platforms and instilling confidence among users. ### **Personalized Financial Services** AI’s ability to process vast amounts of data extends beyond trading and security. In the realm of cryptocurrency, it is driving the development of personalized financial services. As the financial landscape becomes increasingly decentralized, AI algorithms analyze user preferences, transaction histories, and market trends to tailor financial recommendations and investment strategies. This personalization not only enhances user experience but also contributes to the democratization of finance, making sophisticated investment strategies accessible to a broader audience. ### **Decentralized Autonomous Organizations (DAOs) Powered by AI** The concept of Decentralized Autonomous Organizations (DAOs) has gained traction in recent years, and the integration of AI takes this innovation to new heights. DAOs leverage smart contracts to operate without centralized control, and AI enhances their decision-making capabilities. AI algorithms can analyze vast amounts of data to inform governance decisions, investment strategies, and protocol adjustments within DAOs. This synergy creates a self-sustaining and adaptive organizational structure, representing a paradigm shift in the way communities govern and manage decentralized systems. ### **NFTs and AI-Generated Content** Non-fungible tokens (NFTs) have become a major trend in the cryptocurrency space, and AI is playing a significant role in their evolution. AI algorithms are used to generate unique and artistic digital content, contributing to the creation of rare and valuable NFTs. From AI-generated art to virtual real estate, the marriage of AI and NFTs is expanding the possibilities of digital ownership and creativity in the crypto space. This trend highlights the potential for AI to reshape not only financial transactions but also the nature of digital assets. #### **Conclusion: The Future Nexus of AI and Crypto** In conclusion, the symbiotic relationship between Artificial Intelligence and cryptocurrency is reshaping the financial landscape in unprecedented ways. From optimizing trading strategies to fortifying security measures and enabling decentralized governance, the current trends indicate a future where AI-driven innovations will be at the forefront of financial evolution. As we navigate this dynamic landscape, it is evident that the fusion of AI and cryptocurrency is not merely a trend but a transformative force that will continue to redefine the way we perceive, interact with, and benefit from financial systems in the years to come. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: **Categories:** Blog, Featured **Tags:** AI, Artificial Intelligence, bitcoin, Btc, Crypto, Unocoin --- ### [The World of DeFi Visionaries: The Heroes of Finance](https://blog.unocoin.com/the-world-of-defi-visionaries-the-heroes-of-finance/) **Published:** November 20, 2023 **Author:** Unocoin Growth **Content:** The term “DeFi” is short for decentralized finance and refers to a movement that aims to recreate traditional financial systems using blockchain and cryptocurrency technologies. In the world of DeFi, visionaries are individuals who play a significant role in shaping and developing this decentralized financial environment. These visionaries often contribute to the development of decentralized applications (DApps), smart contracts and blockchain protocols that enable various financial services without the need for traditional intermediaries. While we do not have real-time information and cannot at this time provide specific individuals who could be considered “Heroes of Finance” in the DeFi space, we can mention some influential figures from my last knowledge update in January 2022. Keep in mind that the landscape could have evolved since then and new characters could appear. **Vitalik Buterin:** As one of the co-founders of Ethereum, Vitalik Buterin is a prominent figure in the blockchain space. Ethereum’s smart contract capabilities have been essential to the development of many DeFi projects. **Andreas M. Antonopoulos:** A well-known proponent of Bitcoin and decentralized technologies, Antonopoulos is an author and speaker who educates the public about the potential of blockchain and cryptocurrencies. **Gavin Wood:** Co-founder of Ethereum and founder of Polkadot, Gavin Wood is a key figure in the development of interoperable blockchains. Polkadot aims to enable different blockchains to transfer messages and values ​​without trust. **Ameer Rosic:** Blockchain evangelist and co-founder of Blockgeeks, Ameer Rosic is known for his educational efforts to make blockchain technology accessible. **Hayden Adams:** Founder of Uniswap, a decentralized exchange (DEX), Hayden Adams played a key role in popularizing decentralized trading platforms and automated market makers (AMMs). **Robert Leshner:** Robert Leshner, founder of Compound Finance, a decentralized lending platform, has been influential in the development of decentralized lending and borrowing protocols. **Stani Kulechov:** Founder of Aave, a decentralized lending platform, Stani Kulechov has contributed to the development of innovative lending and borrowing solutions within the DeFi space. **Balaji Srinivasan:** Former CTO of Coinbase, Balaji Srinivasan is a well-known entrepreneur and investor in the crypto space who advocates for decentralized technologies and applications. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Defi, uniocoin --- ### [Metaverse Meets Real Estate: Exploring Tokenized Property Investments](https://blog.unocoin.com/metaverse-meets-real-estate-exploring-tokenized-property-investments/) **Published:** November 15, 2023 **Author:** Unocoin Growth **Content:** ## **Metaverse Revolution: Tokenized Real Estate Redefining Ownership** The concept of metaverse has evolved beyond a mere buzzword into a realm where virtual and physical reality converge. One of the most disruptive applications in this digital universe is real estate tokenization. Tokenization involves representing real assets such as real estate as digital tokens on the blockchain. This innovation not only changes the way we perceive property ownership but also opens up new avenues for investment and financial inclusion. In the metaverse, tokenized real estate enables fractional ownership, breaking down the traditional barriers that often accompany property acquisition. Investors can buy and trade digital tokens representing a fraction of real estate, democratizing access to prime real estate assets that were once exclusive to a select few. This democratization of ownership has the potential to reshape real estate, making it more inclusive and accessible to a global audience. In addition, tokenization brings transparency and efficiency to real estate transactions. Blockchain technology ensures an unfalsifiable and verifiable record of ownership, reduces the risk of fraud and increases confidence in real estate transactions. Blockchain-embedded smart contracts automate various aspects of real estate transactions, streamlining processes and reducing the need for intermediaries. ### **Navigating the Metaverse of Tokenized Real Estate: Opportunities and Challenges** While the tokenization of real estate in the metaverse presents exciting opportunities, it also comes with a number of challenges. One of the main issues is compliance. As this technology blurs the lines between the physical and virtual worlds, regulators are grappling with how to apply existing laws to this innovative space. Clear regulatory frameworks are essential to ensure investor protection and the stability of the tokenized real estate market. In addition, technological infrastructure and security are crucial factors. Metaverse relies heavily on advanced technologies such as blockchain and virtual reality. Robust security measures must be in place to protect against potential cyber threats and unauthorized access. As the metaverse continues to evolve, ongoing collaboration between technology developers, regulators and industry stakeholders is critical to addressing new challenges. #### **Conclusion:** In conclusion, the integration of tokenized real estate into the metaversion represents a paradigm shift in how we perceive and treat real estate. The combination of blockchain transparency and fractional ownership is ushering in a new era of accessibility and inclusiveness in real estate investing. While there are challenges, the potential benefits of this innovative intersection between metaversion and tokenized real estate are huge and promise a more democratic and transparent future for property ownership. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, metaverse, Unocoin --- ### [Crypto Investment Strategies: Tips for Beginners and Pros](https://blog.unocoin.com/crypto-investment-strategies-tips-for-beginners-and-pros/) **Published:** November 10, 2023 **Author:** Unocoin Growth **Content:** ## **Building a Profitable Portfolio: Strategies for Success** Smart investing is an art that requires a delicate balance between risk and reward. As the financial landscape continues to evolve, one area that has gained considerable attention is cryptocurrencies. The volatile nature of this market can offer significant gains, but it also presents unique challenges. In this article, we will explore strategies to build a profitable portfolio in the dynamic world of cryptocurrencies. ### **Understanding Landscape: The Importance of Research** Before diving into specific strategies, it is important to emphasize the importance of research. In the ever-changing realm of cryptocurrencies, being informed is key to successful investing. Regularly updated information on market trends, technological advances and regulatory developments can mean the difference between a lucrative investment and a missed opportunity. ### **Diversification for stability** #### **Diversifying Across Cryptocurrencies: Balancing Risk and Reward** Diversification is a fundamental principle that transcends traditional financial markets and has particular importance in the world of cryptocurrencies. While Bitcoin may be the flagship cryptocurrency, a well-rounded portfolio should transcend it. Including a mix of established coins like Ethereum and innovative altcoins helps to spread the risk and take advantage of different opportunities. #### **Diversification as a risk management tool** The inherent volatility of cryptocurrencies means that prices can swing dramatically in a short period of time. Diversification works as a risk management tool that reduces the impact of poor performance of one asset on the entire portfolio. Strategic allocation across different types of cryptocurrencies reduces risk while allowing investors to benefit from overall market growth. #### **Finding the right balance: Tailoring diversification to your goals** Effective diversification involves more than simply owning multiple cryptocurrencies. It requires a thoughtful approach based on individual goals, risk tolerance and time horizon. For example, a more conservative investor may allocate more of their portfolio to established coins, while someone with a higher risk appetite may explore promising but riskier altcoins. ### **Basic Analysis for Informed Decisions** #### **Basic principles of fundamental analysis** While diversification provides a broad overview, fundamental analysis deals with the specifics of individual cryptocurrencies. Fundamental analysis involves evaluating the underlying factors that contribute to the value and potential success of a digital asset. These factors include the technology behind the cryptocurrency, the team driving its development, strategic partnerships, and the level of community support. #### **Technology: The backbone of cryptocurrencies** Examining the technology behind a cryptocurrency is akin to assessing the foundation of a building. Robust and innovative technology is more likely to withstand market fluctuations. For example, Ethereum’s smart contract capabilities set it apart and contribute to its continued relevance and adoption. #### **Team and Community: Building Trust for Long-Term Viability** A talented and experienced development team is essential for the continued growth of a cryptocurrency. Investors should investigate the background of the individuals leading the project, their track record and their commitment to the long-term success of the project. Additionally, a vibrant and engaged community often indicates strong support and interest in a cryptocurrency, which fosters a positive ecosystem. #### **Strategic Partnerships: Expanding Influence and Adoption** Cryptocurrencies that form strategic partnerships with established companies or other blockchain projects increase their credibility and increase the potential for mass adoption. Partnerships can open new avenues for technological integration, market access and collaborative development. ### **Tactical Trading and Timing** #### **The Art of Tactical Trading** While a well-diversified portfolio and quality fundamental analysis provide a solid foundation, tactical trading adds a dynamic element to an investment strategy. Tactical trading involves making short- to medium-term decisions based on market trends and price movements. #### **Understanding Market Trends: The Key to Tactical Trading** Successful tactical trading depends on the ability to recognize and interpret market trends. This includes studying historical price movements, identifying potential catalysts, and keeping abreast of external factors that may affect the market. Technical analysis tools such as charts and indicators can be valuable in predicting potential price movements. ### **Types of trading strategies** There are different trading strategies, each suited to different risk appetites and time frames. Day trading: Involves making multiple trades within a day to take advantage of short-term price fluctuations. **Swing Trading:** Extends the time frame to days or weeks in order to capture “swings” in the market. **Long-term investing:** Takes a more patient approach and takes advantage of the overall growth potential of the cryptocurrency over a longer period of time. ### **The Role of Timing in Investing in Cryptocurrencies** Timing is of the essence in the volatile cryptocurrency market. Successful investors pay attention to market cycles, news events and broader economic trends that can affect prices. While it is challenging to accurately predict short-term movements, being aware of potential market changes allows investors to strategically adjust their portfolios. #### **Conclusion: Build resilience into your portfolio** In the rapidly changing world of cryptocurrencies, building a profitable portfolio requires a combination of research, strategy and adaptability. Diversification provides stability, fundamental analysis informs intelligent choices, and tactical trading enables dynamic adjustments. As the crypto landscape evolves, staying informed and maintaining a balanced approach will be key to navigating the complexities of this exciting yet unpredictable market. Always remember that every investor’s journey is unique and the strategies used should be aligned with individual goals and risk tolerance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, strategy, Unocoin --- ### [Unlocking the Enigma: Deciphering the Secrets of Digital Gold](https://blog.unocoin.com/unlocking-the-enigma-deciphering-the-secrets-of-digital-gold-2/) **Published:** November 8, 2023 **Author:** Unocoin Growth **Content:** ## **Revealing the Secret of Digital Gold** Bitcoin, often referred to as “digital gold”, has become one of the most captivating and significant financial phenomena of our time. Its meteoric rise from obscurity to a market value exceeding a trillion dollars has left many wondering about the mystery of this digital currency. In this 1,500-word article, we’ll reveal the history, attributes, and unique characteristics that have earned Bitcoin the nickname “digital gold.” ### **The birth of bitcoin** To truly appreciate the essence of Bitcoin, we must begin at its birth. Satoshi Nakamoto, a pseudonymous entity or person, released a Bitcoin whitepaper in 2008 that outlined a peer-to-peer electronic cash system. The actual creation of Bitcoin took place in January 2009 with the mining of its genesis block. The goal was to create a decentralized digital currency that would operate independently of governments and financial institutions, a concept that remains central to cryptocurrency’s identity. You can buy sell and exchange bitcoin to other cryptocurrencies in India at [Unocoin](https://blog.unocoin.com/2023/03/14/8-reasons-why-you-should-use-unocoin-to-buy-sell-crypto/) ### **Analogy of digital gold** The comparison between Bitcoin and gold is not arbitrary; it is rooted in specific attributes that both share: **Scarcity:** Like gold, Bitcoin has a limited supply. There will only be 21 million Bitcoins in existence, making it a deflationary asset. This scarcity adds to its value. **Durability:** As a digital asset, Bitcoin does not degrade or corrode. It exists on the blockchain indefinitely, making it as durable as physical gold. **Decentralization:** Gold is not controlled by any single entity and the same is true for Bitcoin. It operates on a decentralized network of computers, making it resistant to censorship and control. ### **A keeper of value** One of the reasons Bitcoin is often referred to as “digital gold” is its role as a store of value. Traditionally, gold has been a hedge against inflation and economic uncertainty. Similarly, Bitcoin is increasingly seen as a means of preserving wealth over time. Its limited supply and growing adoption have made it an attractive option for investors looking to protect their assets from the devaluation of fiat currencies. ### **Historical Bitcoin Performance** A critical factor in the “digital gold” narrative is Bitcoin’s price history. From its humble beginnings when it was virtually worthless to its current status as a major asset, Bitcoin has seen significant price swings. These price movements have been driven by a number of factors, including market speculation, acceptance by institutional investors and global events such as economic crises. Understanding Bitcoin’s historical performance is key to understanding the trust and belief many investors place in it. It has demonstrated resilience and the potential for substantial long-term growth, albeit with considerable volatility. ### **Cryptocurrency Investing Strategy** Now that we’ve uncovered the secret behind Bitcoin’s “digital gold” status, let’s think about practical strategies for investing in the cryptocurrency. Whether you’re a novice or a seasoned investor, these insights can guide your approach. ### **HODLing vs. trading** The first decision you will face is whether to HODL (hold your assets for the long term) or engage in active trading. HODLing is a strategy where you buy a cryptocurrency and hold it regardless of short-term price fluctuations. Trading, on the other hand, involves actively buying and selling assets in an attempt to profit from price movements. Each approach has its advantages and disadvantages. HODLing requires patience and faith in the long-term potential of the assets you hold. Trading requires more active involvement and a deep understanding of market dynamics. Both strategies can be profitable depending on your goals and risk tolerance. ### **Diversification** Diversifying your cryptocurrency portfolio is a key risk management strategy. Spreading your investments across different assets can help mitigate the impact of price fluctuations. While Bitcoin may be your main holding, consider adding other cryptocurrencies to your portfolio to enhance your overall strategy. Diversification can extend to other types of investments, such as stocks, bonds or real estate, depending on your risk tolerance and investment horizon. ### **Risk management** The cryptocurrency market is notorious for its price volatility, and risk management is critical to protecting your investments. Some basic risk management techniques include: **Setting Stop Loss Orders:** These orders will automatically sell your assets if their price falls to a certain level, limiting potential losses. **Determining the right allocation:** Decide how much of your portfolio you want to allocate to cryptocurrency. It should align with your risk tolerance and investment goals. **[Stay informed](https://blog.unocoin.com/2023/10/20/unocoin-your-comprehensive-solution-to-financial-challenges/)****:** Stay informed about market news, technological developments and regulatory changes that could affect your investments. ### **Security precautions** Securing your cryptocurrency holdings is of the utmost importance. Unlike traditional assets, cryptocurrencies are digital and are vulnerable to theft if not adequately protected. Here are some basic safety precautions: **Hardware Wallets:** Consider using hardware wallets to store your cryptocurrency offline, making them resistant to online hacking attempts. To know more about [hardware wallets here](https://blog.unocoin.com/tag/hardware-wallet/) **Two-Factor Authentication (2FA):** Enable 2FA on your exchange accounts and wallets to add another layer of security. To know more about Crypto usage safety measures kindly [refer here](https://blog.unocoin.com/2023/10/06/crypto-safety-101-scams-every-investor-should-be-aware-of/) **Best practices:** Follow security best practices, such as regularly updating your software, using strong, unique passwords, and being wary of phishing attempts. ### **Regulatory aspects** The cryptocurrency landscape is constantly evolving and regulatory aspects can have a material impact on your investments. Regulations can vary significantly from country to country and it is essential that you stay informed of the legal environment in your jurisdiction. Regulatory changes may affect how you buy, sell and report your cryptocurrency holdings. Make sure you follow tax laws and financial regulations to avoid legal problems. #### **Conclusion:** In conclusion, Bitcoin’s “digital gold” status is well-deserved due to its scarcity, durability, and decentralization. Understanding its history and the factors that contributed to its rise is essential for any investor looking to enter the cryptocurrency space. When investing in cryptocurrency, consider your risk tolerance, diversification, risk management, security and regulatory factors to make informed decisions. Whether you’re an experienced investor or just starting your journey, these strategies will help you navigate the exciting world of digital gold. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Gold, Btc, Crypto, Unocoin --- ### [From Bitcoin to Tax Bills: A Deep Dive into Cryptocurrency Taxation](https://blog.unocoin.com/from-bitcoin-to-tax-bills-a-deep-dive-into-cryptocurrency-taxation/) **Published:** November 6, 2023 **Author:** Unocoin Growth **Content:** ## **Demystifying Cryptocurrency Taxation** Cryptocurrencies have revolutionized the financial world, offering new opportunities for investment and financial freedom. However, with the growing popularity of cryptocurrencies, there is also a need to clarify the taxation of these digital assets. In this comprehensive article, we demystify cryptocurrency taxation and shed light on key concepts, challenges and opportunities in the world of cryptocurrency taxation. ### **Understanding the basics of cryptocurrency taxation** To understand the nuances of cryptocurrency taxation, we must first understand the basic principles on which it is based: **Taxable Events**: Cryptocurrency transactions such as buying, selling, trading and receiving digital assets as income may trigger tax liabilities. These events represent entry points for taxation. **Capital Gains Tax:** In many jurisdictions, cryptocurrencies are considered capital assets. As a result, profits from cryptocurrency transactions are subject to capital gains tax. This tax can be categorized as short-term or long-term depending on the length of time the assets are held. ### **Unraveling the complexities of cryptocurrency taxation** Cryptocurrency taxation is a multifaceted area. Let’s explore some tricky aspects that add layers of complexity **Different Tax Rates:** The tax rates applied to cryptocurrency profits can vary significantly from jurisdiction to jurisdiction. Some countries treat cryptocurrency profits as regular income, while others offer preferential tax rates for long-term holdings. Understanding the tax laws in your area is essential. **Reporting and Compliance:** Accurate record-keeping and careful reporting of cryptocurrency transactions are paramount. Failure to comply with tax regulations can lead to legal consequences, so reporting is a crucial aspect of cryptocurrency taxation. ### **Navigating Cryptocurrency Taxation: Strategies and Best Practices** There are a number of strategies that individuals and businesses can use to effectively manage cryptocurrency taxation: **Holding for long-term gains:** Holding cryptocurrencies for longer periods of time can qualify investors for long-term capital gains tax rates. These rates are often more favorable than short-term rates and provide an opportunity for tax savings. **Tax loss harvesting:** Offsetting capital gains by strategically selling loss-making assets is a valuable strategy. This practice can help reduce your overall tax liability and improve your financial situation. Its applicable in only certain jurisdictions though **Seeking Professional Advice:** Due to the evolving nature of cryptocurrency regulations, consultation with tax professionals well-versed in digital assets is recommended. They can provide guidance on compliance and tax planning strategies tailored to current regulations. ### **Cryptocurrency Taxation: A Global Perspective** Cryptocurrency taxation is not a one-size-fits-all scenario. Different countries have different approaches to cryptocurrency taxation. It is important to be aware of these global variations: **United States:** The IRS treats cryptocurrencies as property for tax purposes. Capital gains tax rates vary depending on the amount of income and the holding period. **European Union:** EU countries apply their individual tax rules to cryptocurrencies. Some nations treat crypto profits as capital gains, while others treat them as taxable income. **Asia:** Asian countries such as Japan and South Korea have established clear regulatory frameworks for cryptocurrencies, including tax guidelines. #### **Conclusion** Cryptocurrency taxation, while complex, is an integral part of the cryptocurrency world. Understanding the basic principles, and nuances of tax rates and adopting effective tax management strategies is essential for crypto enthusiasts and investors. As cryptocurrency regulation and tax laws are constantly evolving, staying informed and seeking professional advice is critical to ensuring compliance and making informed financial decisions. In this rapidly changing space, it is crucial to stay on top of cryptocurrency taxation updates and changes, both in your local jurisdiction and globally. With proper understanding and compliance with tax regulations, cryptocurrency holders can successfully navigate the tax landscape and reap the benefits of this exciting digital asset class. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Tax Bill, taxation, Unocoin --- ### [NFTs in India: A Comprehensive Overview and Market Analysis](https://blog.unocoin.com/nfts-in-india-a-comprehensive-overview-and-market-analysis/) **Published:** November 3, 2023 **Author:** Unocoin Growth **Content:** ## **NFT Landscape: Trends, Opportunities and Insights** The Non-Fungible Token (NFT) space has seen explosive growth and innovation in recent years, revolutionizing the way we perceive and interact with digital assets. NFTs, which are unique, indivisible tokens representing ownership of digital or physical objects, have captured the imagination of artists, collectors, investors and technology enthusiasts around the world. In this article, we will explore the current NFT landscape, highlight key trends, and promising opportunities and offer deep insight into the world of NFTs. ### **NFT Trends: Riding the Digital Wave** The NFT space is dynamic and constantly evolving. To understand its current state, let’s delve into the trends shaping this exciting landscape. #### **Metaverse integration** One of the most prominent trends in the NFT space is the integration of NFT with metaversion. The Metaverse is a digital, connected universe where people can live, work and play. NFTs are becoming an integral part of this virtual world, with virtual real estate, avatar accessories, and other digital assets being tokenized as NFTs. Companies like Decentraland, The Sandbox, and CryptoVoxels have paved the way for this trend, allowing users to buy, sell, and build on virtual plots of land that are represented as NFTs. This trend has opened up opportunities for creators and investors alike to participate in the growth of the metaverse as virtual real estate appreciates in value. Metaverse is not limited to virtual real estate; Avatars and NFT wearables are also gaining popularity. Users can customize their avatars and dress them up with NFT accessories, creating a unique identity in the digital world. As the metaverse expands, NFTs are expected to play a key role in defining a virtual economy where ownership and scarcity are central to the experience. #### **Digital art and collectibles** NFTs have breathed new life into the art world. Digital artists can now tokenize their work, giving it verifiable and tradable value. The NFT art market has seen astronomical sales, with works by artists like Beeple selling for tens of millions of dollars. Traditional art institutions are taking notice and many are incorporating NFT into their collections. Collectibles are another aspect of NFT that has gained immense popularity. Unique limited edition digital collectibles such as CryptoKitties and NBA Top Shot moments have attracted a huge following. This trend opens up opportunities for content creators and collectors alike. Content creators can monetize their creations through NFTs, and collectors can buy, trade, and speculate on the value of these digital collectibles. #### **Gaming and gaming to earn** NFTs are gaining ground in the gaming industry, especially with the play-to-earn concept. Play-to-earn games allow players to earn NFTs by participating in the game’s ecosystem. These NFTs can then be traded or sold, providing real in-game value. Games like Axie Infinity, which features cute creatures called Axies, have gained huge popularity in the earn money space. Players can breed, battle and trade Axies to earn NFTs that can be converted into real money. This concept has the potential to revolutionize the gaming industry by blurring the lines between work and play. It also creates opportunities for players in regions with lower economic prospects to generate income through gaming. ### **NFT Opportunities: Exploring New Horizons** The NFT environment presents a number of opportunities for creators, investors and entrepreneurs. Let’s dive into these prospects: #### **Partial ownership** One new opportunity is partial ownership of NFTs. High-value NFTs, such as rare collectibles or virtual real estate, can be expensive and out of reach for many investors. Fractional ownership allows multiple individuals to pool their resources and jointly own an NFT. Platforms like Fractional, CurioInvest and Fractional Art make it easy for people to access valuable NFTs and share their potential appreciation. This democratizes NFT ownership and opens the door to a wider range of investors. #### **Virtual real estate development** Investing in virtual real estate within the meta version can be lucrative. As in the physical world, location matters in the digital realm. Savvy investors can buy prime virtual land, develop it and create experiences or businesses that attract visitors. Over time, the value of virtual real estate can be appreciated significantly. Additionally, owning virtual properties can provide monetization opportunities as creators can host events, businesses or advertisements on their digital properties. #### **NFT and DeFi Backed Loans** The integration of NFTs with decentralized finance (DeFi) is an area that has potential. NFT-backed loans have emerged as a way for NFT holders to access liquidity without selling their valuable assets. Platforms like NFTfi and Aave offer users the ability to lock their NFTs as collateral and borrow assets like stablecoins. This can be especially useful for creators who want to retain ownership of their NFTs while leveraging their value for other financial needs. ### **NFT Insights: Aspects for Navigating the Landscape** While the NFT landscape offers exciting prospects, it also brings challenges and considerations. Here are some key takeaways for navigating this evolving terrain: #### **Due Diligence and Deficiency** Before investing in NFTs, whether they are virtual assets, works of art, or collectibles, do your due diligence. Make sure the NFT is unique and truly rare as authenticity and scarcity are the cornerstones of NFT value. Be wary of “copycat” NFTs that may replicate the look but not the rarity of the original. #### **Legal and copyright matters** Copyright and intellectual property issues may arise when tokenizing real assets or using copyrighted material in NFTs. Creators should be aware of these potential legal pitfalls and seek professional advice on how to navigate these complexities. #### **Impact on the environment** NFTs, especially those on the Ethereum blockchain, have faced criticism for their energy consumption. Ethereum’s transition to a proof-of-stake model is expected to address these concerns, but it is essential to consider the environmental impact of NFTs when participating in the market. ### **Conclusion** The NFT landscape is a dynamic and ever-evolving space with unlimited potential for creators, investors and enthusiasts. Trends such as metaverse integration, digital art, and gaming for profit are shaping the future of NFTs. Opportunities like fractional ownership, virtual real estate development, and NFT-backed lending expand the horizons of what is possible. However, movement in this landscape requires diligence and consideration. When exploring the world of NFTs, due diligence, legal awareness and environmental impact should be factored into your decisions. Like the NFT ecosystem Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Nft, Unocoin --- ### [Bitcoin price Predictions - November 2023](https://blog.unocoin.com/bitcoin-price-predictions-november-2023/) **Published:** November 1, 2023 **Author:** Unocoin Growth **Content:** ## **Cryptocurrency Predictions for Today: Bitcoin Performance and Market Statistics** ### **Introduction** Bitcoin’s ever-fluctuating price trajectory continues to be a hot topic in the world of finance. With Bitcoin closing at $34,296 and showing only a tiny drop of less than 0.10%, the cryptocurrency’s performance is keeping both skeptics and supporters engaged. This article examines Bitcoin’s recent performance, predictions for November, noteworthy numbers in the crypto world, and strategies for navigating the evolving cryptocurrency landscape. ### **Bitcoin’s Recent Performance and “Uptober”** Bitcoin has had a remarkable October, with its price up 30% during the month. It started the month at $26,900 and ended at $34,296. This robust performance has led to the coining of the term “Uptober”, meaning the cryptocurrency’s impressive performance in October. Many are now wondering if November, traditionally seen as Bitcoin’s strongest month, will bring even more surprises. ### **November’s Historical Strength** Historically, November has proven to be a strong month for Bitcoin, often seeing significant gains, with around a 38% increase after April. This trend is fueling optimism about Bitcoin’s performance in November. ### **Factors Affecting Bitcoin Volatility** Several factors have contributed to the volatility of the Bitcoin market in 2023, including concerns about the stability of traditional banks, macroeconomic developments, and increasing institutional interest. Exchange-traded funds (ETFs) gained popularity in Q3 and Q4, attracting investors with the prospect of another Bitcoin halving expected in about six months. ### **Role of Investor Optimism** Analysts have observed an increase in investor optimism and profits due to the recent rise in Bitcoin. November is expected to beat expectations given its historical performance and the potential approval of the BTC ETF by the US Securities and Exchange Commission (SEC). ### **Druckenmiller’s Bitcoin Regret** Renowned billionaire investor Stanley Druckenmiller recently praised Bitcoin for creating a strong “brand” . Druckenmiller, who currently owns gold but not bitcoin, acknowledged bitcoin’s popularity as a practical store of wealth, particularly among younger consumers. He expressed regret that he does not own bitcoins, even though he used to own it. **Druckenmiller’s Bitcoin Journey:** Druckenmiller previously held Bitcoin but sold it in September 2022, citing tightening central bank policies as the reason for his sell-off. **Influence of high-profile investors:** Druckenmiller’s positive comments about cryptocurrencies and their potential to flourish in an atmosphere of declining confidence in central banks boosted market confidence. It’s a sign of how traditional financial figures are beginning to embrace digital assets. ### **Navigating the Predicted Financial Crisis: Kiyosaki’s Investment Wisdom** Robert Kiyosaki, author of “Rich Dad Poor Dad,” offered financial advice to investors in anticipation of what he predicted would be the biggest financial collapse in history. While conventional wisdom supports a 60/40 stock and bond investment strategy, Kiyosaki warns that this approach may not be the best fit in 2024. **Kiyosaki’s Asset Allocation:** Kiyosaki recommends an allocation of 25% to real estate and energy stocks and 75% to gold, silver and bitcoin as a way to weather the coming economic downturn. This is the first time he has revealed such a specific asset allocation to his followers. **Kiyosaki’s Predictions:** Kiyosaki, known for his accurate predictions about the values ​​of gold, silver and bitcoin, recently predicted a rise in the price of silver, a spike in gold prices and a price of bitcoin reaching $135,000. His consistent support of cryptocurrencies highlights their resilience in times of economic turbulence. ### **Bitcoin price predictions and market analysis** Analyzing the recent daily chart, Bitcoin’s pivotal point is highlighted at $33,920, which coincides with the 23.6% Fibonacci retracement level. In terms of resistance, the first barrier is placed at $34,500, followed by $35,250 and $36,150. **Support and resistance levels:** On the downside, immediate support is expected around $33,000, which corresponds to the 38.2% Fibonacci retracement level. Subsequent support zones are located at $32,450 and $31,800, representing the 50% and 61.8% Fibonacci retracements. **Technical Indicators:** Technically, the Relative Strength Index (RSI) is 57, slightly above the neutral zone. This suggests dominant bullish sentiment and continued buying pressure. Bitcoin’s 50-day exponential moving average (EMA) is at $32,800, indicating a short-term uptrend as long as Bitcoin remains above this EMA. **Chart Analysis:** Examining the daily chart configurations, Bitcoin appears to be well positioned and holding steady above the double-bottom support at $33,450. The 23.6% Fibonacci level appears to offer a strong defense against significant downtrends. The presence of a consolidation period on the chart suggests that market participants may be waiting for a significant breakout signal. #### **Conclusion** In short, the general trajectory of Bitcoin seems bullish, especially if it continues to hold above the $33,900 mark. However, a drop below this level could signal a potential bearish move. Based on current signals and market sentiment, Bitcoin may be poised to challenge the $34,500 resistance level in the coming sessions, indicating an optimistic outlook for the cryptocurrency market. In a world where cryptocurrency trends can change quickly, keeping up with the latest developments and forecasts is essential for both experienced and novice investors. As Bitcoin continues to take the financial world by storm, it is clear that its performance and market dynamics are more interesting Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Price Prediction, Btc, Crypto, Unocoin --- ### [ERC-20 Wallets Unpacked: Everything You Need to Know](https://blog.unocoin.com/erc-20-wallets-unpacked-everything-you-need-to-know/) **Published:** October 30, 2023 **Author:** Unocoin Growth **Content:** ## **Navigating ERC-20 Wallets: Features, Security, and More** Cryptocurrency enthusiasts and investors often use Ethereum-based ERC-20 tokens for a variety of purposes, from participating in initial coin offerings (ICOs) to trading on decentralized exchanges (DEXs). Users rely on ERC-20 wallets to efficiently manage and interact with these tokens. In this article, we will explore the key features and security aspects associated with ERC-20 wallets. ### **Features of ERC-20 wallets:** 1. **Token Compatibility:** ERC-20 wallets are specifically designed to store, send and receive tokens in accordance with the Ethereum ERC-20 standard. This standard defines a set of features that must be implemented by an Ethereum-based token contract, ensuring compatibility and interoperability between different tokens. ERC-20 wallets can handle a wide range of tokens built on this standard. 2. **User-friendly interface:** ERC-20 wallet interfaces are often user-friendly, making it easy for both beginners and experienced users to navigate. They typically display token balances, transaction history, and support features such as QR code scanning for quick transactions. 3. **Security Features:** Most ERC-20 wallets prioritize security. They may include advanced security measures such as two-factor authentication, biometric authentication, and encryption to protect users’ assets. Users can also set strong, unique passwords and use hardware wallets for added protection. 4. **Multiple Token Support:** ERC-20 wallets often support multiple tokens in one wallet. This convenience allows users to manage different token portfolios from a single interface, simplifying cryptocurrency management. 5. **Transaction Tracking:** ERC-20 wallets allow users to track the status and details of their token transactions. Users can verify transaction confirmations, check gas charges, and view transaction history. 6. **Integration with DEX:** Since decentralized exchanges (DEX) play a significant role in the trading of ERC-20 tokens, many ERC-20 wallets integrate with these platforms. This integration simplifies the process of trading tokens directly from the wallet. ### **Security aspects:** 1. **Private Key Management:** The private key is the most important part of an ERC-20 wallet. Users must store and back up this key securely as it provides access to their tokens. Hardware wallets are considered one of the most secure options for storing private keys. 2. **Avoiding Phishing Scams:** Users should be aware of phishing scams that could compromise the security of their wallets. Always verify the authenticity of wallet apps and websites to prevent unauthorized access. 3. **Regular Software Updates:** Keeping your wallet software up-to-date is essential to protect against vulnerabilities and security breaches. Developers often release updates to improve security features. 4. **Two-Factor Authentication (2FA)**: Enabling 2FA adds another layer of security to ERC-20 wallets. Users should enable this feature to prevent unauthorized access even if someone gains access to their credentials. 5. **Backup and Recovery:** Users should create secure backups of private keys or passphrases to restore their wallets. If your wallet is lost or breached, the backup will ensure you can regain access to your assets. #### **Conclusion**: In conclusion, ERC-20 wallets serve as essential tools for the efficient management of Ethereum-based tokens. Their user-friendly interfaces, multi-token support, and security features make them indispensable for anyone involved in the Ethereum ecosystem. To ensure the safety of your assets, implement careful security measures and stay informed about the latest developments in ERC-20 wallet technology. By understanding the features and following security best practices, users can confidently navigate the world of ERC-20 tokens while protecting their investments. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bitcoin, Btc, erc 20, Unocoin, wallets --- ### [Today's Coin Price Forecast: A Comprehensive Analysis](https://blog.unocoin.com/todays-coin-price-forecast-a-comprehensive-analysis/) **Published:** October 27, 2023 **Author:** Unocoin Growth **Content:** ## **Recent Bitcoin Flux Amid Regulatory Shifts** Bitcoin recently faced subtle market volatility, falling slightly to the $34,146 mark, reflecting a 1.75% minute drop during a typical Friday. The slump comes amid a flurry of mysterious activity, largely centered around new regulations in the United States and the United Kingdom. ### **US SEC Immersed in Bitcoin ETF Proposals** The crypto arena is collectively holding its breath, eagerly awaiting the green light for a spot bitcoin exchange-traded fund (ETF) as the US Securities and Exchange Commission (SEC) mulls eight to ten applications for bitcoin exchange-traded products (ETPs). As the SEC reviews these proposals, savvy investors are scrambling to get hold of bitcoin, fueled by the belief that approval is on the horizon. Up until this point, the SEC’s blessing had primarily applied to ETFs tied to bitcoin futures contracts. Prominent names such as ARK Invest, BlackRock, Bitwise, WisdomTree, Fidelity and Invesco are among those eagerly submitting applications for bitcoin-focused funds. It is likely that the current crypto market volatility is partly a by-product of heightened expectations around these upcoming ETF verdicts. ### **UK Position: Cracking Down on Illicit Bitcoin** On a transatlantic note, the UK has thrown its weight behind legislation giving its authorities the power to confiscate and freeze cryptocurrencies, with bitcoin at the fore when linked to nefarious activities. The Economic Crime and Corporate Transparency Bill, which was introduced in the not-so-distant past in September 2022, received Royal Assent on 26 October 2023 after an arduous legislative journey. This key piece of legislation expands the arsenal of law enforcement agencies, enabling them to combat a wide range of cryptocurrency-related crimes, from drug trafficking to cybercrime, fraud and the ominous specter of terrorist financing. The provisions of this legislation on the recovery of cryptocurrency assets even without the need for a formal conviction are worth mentioning. This feature is crucial in the fight against cybercriminals who skillfully operate from remote corners of the digital realm. This strong stance by the UK government is in line with its overarching mission to strengthen cryptocurrency regulations and steadfastly discourage any abuse. ### **Bitcoin current status and analytical statistics** As the curtain closes on another week in the tumultuous realm of bitcoin, its narrative takes another riveting twist, keeping investors and market analysts spellbound. The price of Bitcoin is currently at $34,024, with a slight decrease of 2.00% in the last 24 hours. Cast against the backdrop of a staggering $19 billion in 24-hour trading volume, this recent wave highlights the unrelenting volatility and fickle nature that has become synonymous with the cryptocurrency realm. Regardless of this slight ebb, Bitcoin continues to assert its dominance as the reigning asset monarch on CoinMarketCap, stretching its impressive market capitalization to $664 billion. The available circulating supply is a few steps closer to the prescribed limit, with 19,525,006 BTC coins leaking out of a conceivable 21,000,000 BTC coins in circulation. A deeper dive into the technical aspects reveals a lively tableau on the 4-hour chart. The pivot anchor is located at $32,424, which represents an intersection of immense importance for potential price maneuvers. Bullish investors will keep a close eye on immediate resistance at $34,480, with higher targets at $36,536 and $38,560. For those donning a bear mantle, there’s a safety net at $31,217, followed by supplemental cushions at $29,160 and $27,985. The landscape of technical indicators further enriches the analytical landscape. Perched at 64, the Relative Strength Index (RSI) is emitting weak bullish vibes as it maintains its position above the midline. Meanwhile, the 50-day exponential moving average (EMA), anointed at $32,043, serves as a guide for traders and signals a short-term bullish trajectory as Bitcoin hovers above this mark. Diving into the chart patterns, we come across a series of Doji candles hovering above the 23.6% Fibonacci retracement. This suggests a prevailing sense of ambivalence among investors. Immediate support appears to be forming around the 38.2% Fibo milestone marked at $33,100. In short, Bitcoin’s immediate trajectory is flirting with a bullish bias above the $33,900 threshold. However, the inherent volatility endemic to the cryptocurrency realm compels cautious optimism that acknowledges the unpredictable winds that often steer this digital vessel. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Price Prediction, Btc, Crypto, Unocoin --- ### [Tron Token Price Analysis: An In-Depth Look](https://blog.unocoin.com/tron-token-price-analysis-an-in-depth-look/) **Published:** October 26, 2023 **Author:** Unocoin Growth **Content:** ## **Tron Token Price Trends** Tron (TRX) is a blockchain-based cryptocurrency that has seen significant price trends in recent years. 1. **Early Growth (2017-2018):** Tron started with a low valuation and rose to prominence thanks to its founder Justin Sun and aggressive marketing strategies. During this phase, the price of TRX rose from fractions of a cent to around $0.25. This meteoric rise has been driven by hype, partnerships and initial coin offerings (ICOs). 2. **Volatility and Consolidation (2018-2021):** After its peak, TRX experienced significant volatility. The bear market that followed the crypto boom in 2017 affected TRX as well. Prices dropped below $0.02 and TRX entered a consolidation phase. Despite ongoing partnerships and project developments, TRX has struggled to regain its former highs. 3. **Recent Price Movements (2021-2023):** In the recent phase, TRX price has seen mixed trends. The cryptocurrency market remains highly dynamic, influenced by factors such as market sentiment, technological advancements and adoption. In January 2022, the price of TRX was around $0.07. It is essential to check the latest data from reliable sources for up-to-date pricing information. ### **Analysis** The price of TRX remains heavily influenced by market sentiment, broader cryptocurrency trends, and news related to the Tron ecosystem. For investors, it is important to consider factors such as technology updates, partnerships, and the adoption of Tron-based projects when analyzing the potential of TRX. Remember that the cryptocurrency market is highly volatile and speculative, so it is important to do your research and consider your risk tolerance before investing in TRX or any other cryptocurrency. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, crypto.tron, trx, Unocoin --- ### [Unocoin: Your Comprehensive Solution to Financial Challenges](https://blog.unocoin.com/unocoin-your-comprehensive-solution-to-financial-challenges/) **Published:** October 20, 2023 **Author:** Unocoin Growth **Content:** ## **Unocoin: Your Comprehensive Solution to Financial Challenges** ### In a world where financial markets can be unpredictable, Unocoin stands out as a reliable partner offering innovative solutions to a range of common problems. From market volatility to tax confusion, we’ve got you covered with features designed to address these challenges. Let’s delve into how Unocoin can help you navigate these financial hurdles. **Problem 1: Market Volatility** #### **Solution: SBP (Systematic Buying Plan)** Market volatility can be nerve-wracking for investors. [Unocoin’s Systematic Buying Plan](https://blog.unocoin.com/2020/04/25/extending-systematic-buying-plan-for-ether/) (SBP) solves this problem by allowing you to automate your investments. With SBP, you can set up recurring purchases of cryptocurrencies at regular intervals, such as daily, weekly, or monthly. This strategy helps you average out the cost of your investments over time, reducing the impact of price swings and potentially increasing your returns. ### **Problem 2: Emergency Money Needs** #### **Solution: Lending** Emergencies can strike at any time, and accessing funds quickly is crucial. Unocoin offers a[ lending solution ](https://blog.unocoin.com/2022/09/16/what-is-crypto-lending-2/)that allows you to borrow against your cryptocurrency holdings. By using your crypto as collateral, you can get fast access to cash without the need for traditional credit checks or lengthy approval processes. This feature provides you with the financial flexibility you need when unexpected expenses arise. ### **Problem 3: Imbalanced Portfolio** #### **Solution: Crypto Basket** Maintaining a diversified portfolio is essential for risk management.[ Unocoin’s Crypto Basket feature ](https://blog.unocoin.com/2023/03/27/introducing-crypto-basket-at-unocoin/)addresses the problem of an imbalanced portfolio by offering a convenient way to spread your investments across a variety of cryptocurrencies. This approach helps mitigate risk and enhances your overall portfolio stability, ensuring you are well-positioned for long-term success. ### **Problem 4: Security Risks** #### **Solution: Paper Wallet** Security is paramount when it comes to cryptocurrency. [Unocoin’s Paper Wallet ](https://www.youtube.com/watch?v=Y1hSFmWjlrU)solution provides a highly secure way to store your digital assets. By keeping your cryptocurrencies offline, in a physical format, you protect them from online threats and potential hacking attempts. It’s a reliable solution for safeguarding your valuable holdings. ### **Problem 5: Inheritance** #### **Solution: Add nominee** As the world of digital assets is constantly evolving, it is important to stay informed and make informed investment decisions. At [Unocoin’s add nominee](https://www.youtube.com/watch?v=NmzT9s4wR6o), you gain access to a vibrant community of crypto enthusiasts, experts, and traders. Learn about the latest market trends, innovative blockchain projects, and strategies to optimize your portfolio. Whether you’re a seasoned crypto pro or just starting your crypto adventure, our club offers valuable insights and resources to help you navigate the exciting world of cryptocurrency. Join us today and unlock the potential of your crypto investments! **Problem 6: Time Restrictions Solution: Crypto Wealth Club** For those with busy schedules,[ Unocoin’s crypto wealth club ](https://fe.brokenenigma.com/in/info/feature-cryptoweathclub/intro/)offers a convenient way to delegate trading responsibilities to trusted individuals. You can still benefit from crypto investments without needing to be constantly involved. ### **Problem 7: Adoption** #### Solution: Easy user-interface** Crypto adoption is growing rapidly, but it can be overwhelming for newcomers. [Unocoin’s ](https://www.youtube.com/watch?app=desktop&v=zeEK7MC6A7Y)Easy user interface simplifies the user experience, making it easier for beginners to navigate the world of cryptocurrencies. ### **Problem 8: Tax Confusion** #### **Solution: Cumulative Tax Summary** Crypto taxation can be complex, but [Unocoin simplifies it with the Cumulative Tax ](https://blog.unocoin.com/2022/12/06/crypto-tax-guide/)Summary feature. Easily track your tax liabilities and stay compliant with tax regulations. ### **Problem 9: Inflation** #### **Solution: Earn Interest** Combat the eroding effects of inflation by [earning interest on your crypto holdings through Unocoin.](https://www.youtube.com/watch?v=ya7XXCK0BBA) Put your assets to work and watch your wealth grow over time. **Problem 10: The problem we are solving at Unocoin is the inefficiency and complexity of cryptocurrency withdrawals. Many cryptocurrency platforms and exchanges have convoluted and time-consuming withdrawal processes that frustrate users. In India, the cryptocurrency landscape has been marred by regulatory restrictions and anti-money laundering (AML) policies that have led many exchanges to end cryptocurrency withdrawals. This challenging environment has left users in a precarious situation where they cannot access their digital assets. However, [at Unocoin we stand aside ](https://unocoin.com/in/support/how-it-works/)as a beacon of reliability and innovation. Despite challenges across the industry, we remain committed to offering cryptocurrency withdrawals. Our commitment to complying with regulations while still enabling user-friendly and secure withdrawals underscores our unwavering commitment to our customers. Unocoin’s resilience and commitment to providing this essential service sets us apart in the Indian cryptocurrency market. To explore in detail about our platform visit the below links which will provide you with in depth knowledge SBPCrypto basketCrypto Wealth Club[https://unocoin.com/in/info/feature-cryptoweathclub/intro/](https://fe.brokenenigma.com/in/info/feature-cryptoweathclub/intro/)Earn InterestElite ClubSub BrokerPaper WalletLendingShake & Earn#### **Conclusion:** In conclusion, Unocoin offers a wide range of innovative features to tackle common financial challenges. Whether you’re dealing with market volatility, security concerns, or tax confusion, we’ve got you covered. Trust Unocoin to be your partner in achieving your financial goals, no matter what obstacles you face. Join us today and experience the future of finance with confidence. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, problems, solution, Unocoin --- ### [Crypto Taxes 101: A Comprehensive Guide to Navigating Digital Currency Taxation](https://blog.unocoin.com/crypto-taxes-101-a-comprehensive-guide-to-navigating-digital-currency-taxation/) **Published:** October 19, 2023 **Author:** Unocoin Growth **Content:** ## **The Complex Landscape of Cryptocurrencies and NFT Taxation in India** In the ever-evolving world of cryptocurrencies and non-fungible tokens (NFTs), India finds itself in a state of regulatory ambiguity. While the Reserve Bank of India (RBI) once wanted to ban cryptocurrencies in 2018, the Supreme Court overturned the ban, leaving these digital assets in a legal gray area. While NFTs are not subject to the same level of regulatory oversight, they are not entirely clear of the legal uncertainty surrounding cryptocurrencies. ### **1. Regulatory ambiguity and tax challenges** Cryptocurrencies and NFTs exist in legal limbo in India. The government’s stance on these digital assets remains unclear, despite reports of a comprehensive cryptocurrency bill in the works. Meanwhile, a new tax regime has been introduced that aims to tax profits and income from virtual digital assets (VDA), including cryptocurrencies and potentially NFTs. **However, the legal status of cryptocurrencies and NFTs remains unclear.** **2. Taxation of Virtual Digital Assets (VDA)** The Income Tax Act has been amended from 1 April 2022 to address VDA taxation, which includes: **Cryptocurrencies:** With the exception of Indian or foreign currencies, this category covers any digital representation of value created by cryptographic means that provides a digital representation of value that can be exchanged with or without payment. It can serve as a store of value, a unit of account or be used in financial transactions. **NFTs or similar tokens:** The government has not yet specified which NFTs or tokens will fall into this category. **Other Digital Assets:** The government may notify other digital assets to be included in this tax regime. Surprisingly, the Income Tax Act does not mention terms like blockchain or distributed ledger technology (DLT) in its definition of VDA. The vagueness of these definitions raises questions about the taxation process. ### **3. Tax issues and concerns** VDA taxation brought several problems and issues: **Determining Fair Market Value:** Calculating the fair market value of VDAs, especially if they are received without consideration or for less than market value, can be challenging. Cryptocurrencies and NFTs are highly volatile and their values ​​fluctuate regularly. The absence of specific guidance for VDA under the Income Tax Rules further complicates the matter. **Acquisition costs:** Deduction of expenses incurred in cryptocurrency mining is not allowed. Similarly, it is unclear whether the costs associated with NFT mining will be treated similarly. This ambiguity in deductions can lead to disputes with tax authorities. **No set-off of losses:** The Income Tax Act prohibits the set-off of losses from VDAs against gains from other VDAs, unlike most other assets in India. This means that losses from one VDA transaction cannot be used to offset gains from another, presenting unique challenges for taxpayers. **Tax Deducted at Source (TDS):** The law requires 1% TDS on consideration for remittance of VDA. This obligation applies regardless of whether the consideration is in cash or through other VDAs. It can also be stored with a blockchain owner that facilitates NFT trading. ### **International perspectives on VDA taxation** While India struggles with VDA taxation, other countries have adopted different approaches: **United States:** Cryptocurrencies are considered property and subject to capital gains tax. Fair market value is determined by the trading price at the time of the transaction. **Canada and the United Kingdom:** These countries classify cryptocurrencies differently (commodities and capital assets), leading to potential income and capital gains taxes based on the circumstances of the transaction. **Taxation of NFTs**: Most developed countries, except Malta, treat NFTs similarly to cryptocurrencies. Malta has introduced a framework for digital ledger technology assets, taxation of coins such as fiat currencies and collection of income tax on revenue from financial tokens. ### **What should investors do?** Due to the evolving nature of VDA regulation in India, residents wishing to invest or trade in VDAs need to familiarize themselves with the new tax regime. It is recommended to consult a tax advisor before starting such activities. Using exchanges or marketplaces for transactions can help determine the fair market value of VDAs, especially in the absence of government guidance. Investors should be aware that losses cannot be offset against gains from other VDAs and capital expenditures such as cryptocurrency mining or NFT minting are not deductible. In addition, those involved in non-financial transactions must remain vigilant and monitor government measures to determine whether their non-financial transactions fall under the purview of the Income Tax Act. #### **Conclusion**: In conclusion, VDA taxation in India presents a myriad of challenges and uncertainties. The legal classification of cryptocurrencies and NFTs remains a matter of debate, while the tax regime aims to discourage investment in these assets. As India navigates this complex terrain, investors must remain informed, and cautious and adapt to the evolving regulatory environment. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Cryptolaw, Nft, taxation, Unocoin --- ### [Unlocking Free NFT Creation: Tips and Tricks for the Savvy Artist](https://blog.unocoin.com/unlocking-free-nft-creation-tips-and-tricks-for-the-savvy-artist/) **Published:** October 16, 2023 **Author:** Unocoin Growth **Content:** ## **Step-by-step guide to creating free NFTs** ### **Understanding NFTs** Non-fungible tokens (NFTs) have taken the world by storm, offering artists, creators and collectors a new way to buy, sell and trade digital assets. NFTs are unique digital assets stored on the blockchain, representing the ownership and provenance of a particular item. Creating NFTs can be a rewarding experience, and this step-by-step guide will walk you through the process of creating your own NFTs for free. ### **How to Create Your Free NFT** #### **Step 1: Choose your NFT concept** Before you can create an NFT, you need to decide what digital item you want to tokenize. It can be digital art, music, videos or any other digital file. Make sure you own the rights to the content you’re tokenizing. #### **Step 2: Create or prepare your digital file** If you are creating digital art, you will need to create or digitize your work. If it’s music or video, make sure it’s in a compatible format. High-quality, original content tends to perform better in the NFT market. #### **Step 3: Set up your digital wallet** To store and manage your NFTs, you will need a digital wallet compatible with the blockchain you are using. Popular options include MetaMask for Ethereum-based NFTs or Trust Wallet for Binance Smart Chain. #### **Step 4: Choose a free NFT Marketplace** Several NFT marketplaces offer free minting services. Platforms like Rarible and Mintable allow you to create NFTs without any initial cost. Register an account on the marketplace of your choice. #### **Step 5: Mint your NFT** Minting is the process of turning your digital file into NFT. Go to “Create” or “Have” in your chosen marketplace. You will be prompted to upload a digital file, add a name, and description, and set any other properties for your NFT. #### **Step 6: Set your license fees** When you mint your NFTs, you can set a royalty percentage. This means that every time your NFT is resold, you will receive a percentage of the sale price as a commission. Setting a reasonable royalty can be an excellent source of passive income. #### **Step 7: Confirm and pay gas charges** You will need to confirm and pay the gas fees before completing the mining process. These fees are associated with blockchain transactions and may vary depending on network congestion. Be prepared for these small costs. #### **Step 8: Publish your NFT** Once the minting process is complete, your NFT will be published on the market for potential buyers to discover. Share your NFT link on your social media channels and reach out to your audience to increase visibility. ##### **Conclusion:** Creating NFTs is a straightforward process that allows you to tokenize your digital assets and potentially make money selling and reselling them. With the right concept, a digital wallet and a free NFT marketplace, you can start your NFT journey without any upfront costs. Remember, the success of your NFT depends on the quality and uniqueness of your content, as well as your ability to market it effectively in the ever-expanding NFT landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Nft, non fungible, Unocoin --- ### [TOP 10 CRYPTO TO BUY IN OCT 2023](https://blog.unocoin.com/top-10-crypto-to-buy-in-oct-2023/) **Published:** October 13, 2023 **Author:** Unocoin Growth **Content:** ## **Top 10 Cryptocurrencies to Consider for October 2023** The October 2023 cryptocurrency market is as dynamic as ever, offering an abundance of investment opportunities for those looking to dive into the digital realm. Let’s explore the top 10 cryptocurrencies to consider for October 2023, each with its own unique characteristics and growth potential. ### **1. Bitcoin (BTC): Steadfast trailblazer** No list of the best cryptocurrencies is complete without mentioning Bitcoin, the pioneer of the digital currency world. Known for its security and reliability, Bitcoin has established itself as a digital store of value. With a limited supply of 21 million coins and growing institutional acceptance, Bitcoin remains a strong choice for investors. Bitcoin’s price history tells a remarkable story. From trading at around $500 in May 2016, it climbed to an astonishing $26,077 per bitcoin on September 12, 2023, a gain of 5,115%. This steady rise underscores its enduring appeal. ### **2. Ethereum (ETH): DApp Leader and Smart Contract Leader** Often referred to as the backbone of decentralized applications (DApps) and smart contracts, Ethereum is getting a major update with Ethereum 2.0. These improvements aim to increase energy efficiency and scalability, potentially increasing its value. Ethereum’s price journey is equally impressive. It started at around $11 in April 2016 and soared to around $1,598 by the end of September 2023, representing an extraordinary growth of 14,431%. Ethereum’s versatility and the strength of its developer community continue to make it a prominent choice. ### **3. Binance Coin (BNB): Fueling the Binance Ecosystem** Binance Coin, the native token of the Binance exchange, has seen astounding growth. In addition to offering discounts on trading fees, BNB powers a number of decentralized applications within the Binance Smart Chain ecosystem. With the growing influence of Binance, the value of BNB has the potential for further growth. In 2017, BNB was valued at just $0.10. However, by September 2023, its price had jumped to around $211, a staggering increase of 211,204%. BNB’s meteoric rise reflects its utility and importance in the cryptosphere. ### **4. Cardano (ADA): Sustainability and Interoperability** Cardano stands out for its emphasis on sustainability, scalability and interoperability. Recent updates, including the Alonzo hard fork, have allowed developers to build decentralized applications on its platform. ADA remains a strong competitor in the cryptocurrency market. In comparison, ADA’s growth has been slower. The price in 2017 was $0.02, rising to $0.25 by September 2023, an increase of 1,141%. This steady development is consistent with Cardano’s commitment to long-term value. ### **5. Solana (SOL): High-speed, low-cost blockchain** Solano’s popularity has grown due to its high-speed and low-cost blockchain, making it a hub for decentralized finance (DeFi) projects, NFTs, and gaming applications. The growth potential within its ecosystem positions SOL as a compelling cryptocurrency to consider in October 2023. Since its inception in 2020 at $0.77, the price of SOL reached around $17.98 by September 12, 2023, representing an impressive increase of 2,235%. This rapid rise highlights its importance in the crypto landscape. ### **6. Polkadot (DOT): Bridging Blockchains** Polkadot’s primary goal is to facilitate interoperability between different blockchains and enable seamless sharing of information and functionality. This innovative approach appeals to investors interested in the broader blockchain ecosystem. While Polkadot currently holds a market cap of $5.3 billion, it has seen a year-over-year return of -41%. However, Polkadot’s recent rise in value positions it as an interesting investment opportunity that highlights the ever-changing nature of the cryptocurrency market. ### **7. Tether (USDT): Stability amid volatility** Tether (USDT) differs from traditional cryptocurrencies by falling into the category of stablecoins. Backed by conventional fiat currencies such as the US dollar and the euro, USDT provides stability in an otherwise volatile crypto market. ### **8. Dogecoin (DOGE): A playful meme coin turned serious** Originally conceived as a playful meme coin, Dogecoin (DOGE) has evolved beyond its humorous origins to gain a passionate following. DOGE has proven to be an interesting investment option, especially in the context of the ongoing crypto trends in October. In 2017, Dogecoin was valued at $0.0002. However, by September 2023, its price had jumped to $0.06, a whopping 30,617% increase. DOGE’s community-driven dynamics and potential for price spikes make it a compelling addition to investment portfolios. ### **9. Ripple (XRP): Revolutionary cross-border payments** Ripple aims to revolutionize cross-border payments by providing fast and cost-effective solutions. Recent regulatory developments have affected the price of XRP, but it remains a cryptocurrency with potential for recovery and growth. At the beginning of 2017, XRP was trading at $0.006. By September 12, 2023, its price had climbed to $0.48, representing an impressive gain of 7,860%. ### **10. Terra (LUNA): Stabilizing the Cryptocurrency Market** Terra is a blockchain protocol designed for stablecoins that offers much-needed stability in the often turbulent world of cryptocurrencies. Its unique algorithm stabilizes the value of stablecoins and attracts the attention of investors and developers. #### **Conclusion:** In conclusion, October 2023 presents a dynamic crypto environment with various investment opportunities. While Bitcoin and Ethereum are strong mainstays, newcomers like Binance Coin and Solana are quickly gaining traction. However, it is essential to keep in mind that the cryptocurrency market remains highly speculative and volatile. To navigate it successfully, do thorough research, diversify your portfolio, set clear investment goals, and prioritize security through reputable wallets and exchanges. Cryptocurrency investments can be rewarding but require patience, diligence, and a long-term perspective to maximize their potential benefits in this ever-evolving digital frontier. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Ada, bitcoin, Btc, Crypto, Doge, dor, Eth, sol, Unocoin, Usdt --- ### [Altcoin Analysis: The Pros and Cons of Diversifying Your Crypto Portfolio](https://blog.unocoin.com/altcoin-analysis-the-pros-and-cons-of-diversifying-your-crypto-portfolio/) **Published:** October 11, 2023 **Author:** Unocoin Growth **Content:** ## **Rewards and Risks of Investing in Altcoins** ### **Introduction** The cryptocurrency market has seen unprecedented growth and innovation since Bitcoin’s inception in 2009. While Bitcoin remains the flagship cryptocurrency, it has paved the way for thousands of alternative cryptocurrencies, often referred to as “altcoins.” Altcoins are digital assets that aim to offer unique features, use cases and investment opportunities. This article examines the rewards and risks associated with investing in altcoins. **Rewards for Investing in Altcoins** **High return potential** One of the main attractions of investing in altcoins is the potential for high returns on investment. Some altcoins have seen astronomical growth in value, with early investors reaping significant profits. For example, Ethereum (ETH) saw significant price appreciation after its launch, rewarding those who invested in its Initial Coin Offering (ICO). Similarly, several altcoins such as Cardano (ADA), Binance Coin (BNB) and Solana (SOL) have seen remarkable gains in recent years. These success stories highlight the potential for significant returns when investing in the right altcoins. **Diversification options** Altcoins offer investors a way to diversify their cryptocurrency portfolios. While Bitcoin remains the dominant cryptocurrency, altcoins provide exposure to a wide variety of blockchain technologies and use cases. Some altcoins focus on decentralized finance (DeFi), while others focus on non-fungible tokens (NFTs), gaming, supply chain management, and more. Diversification can help reduce risk and increase profit potential by exploiting various niches in the cryptocurrency market. **Innovation and technological progress** Altcoins are often at the forefront of cryptocurrency innovation. They introduce new technologies and features that can benefit the broader blockchain ecosystem. For example, Ethereum’s introduction of smart contracts has revolutionized the way we think about programmable money and decentralized applications. Many altcoins continue to push the boundaries and bring improvements in scalability, security and governance that could benefit the entire blockchain industry. ### **Risks of Investing in Altcoins** **Volatility and market speculation** The cryptocurrency market is notorious for its extreme price volatility. While this volatility can present investment opportunities, it also presents significant risks. Altcoins in particular tend to be more volatile than Bitcoin due to their smaller market capitalization and liquidity. Prices can fluctuate significantly in the short term, leading to potential losses for investors who do not have a clear strategy or risk management plan. **Lack of regulation** Another significant risk associated with altcoins is the lack of regulatory oversight in many cases. Unlike traditional financial markets, cryptocurrencies often operate in a regulatory gray area. This absence of a regulatory framework can expose investors to potential scams, fraud and market manipulation. It is crucial for investors to do thorough research and due diligence before investing in any altcoin to minimize the risk of falling victim to scam projects. **Competition and long-term viability** The cryptocurrency market is highly competitive, with thousands of altcoins vying for attention and investment. Many of these projects may not survive in the long term due to lack of adoption, technical issues or changing market dynamics. Investors must carefully evaluate an altcoin’s fundamentals, team and community support to assess its long-term viability. In addition, new and improved altcoins are constantly entering the market, which can disrupt the success of existing projects. ### **Conclusion** Investing in altcoins can be a rewarding venture that offers the potential for high returns, diversification and exposure to innovative technologies. However, it comes with inherent risks such as price fluctuations, lack of regulation and competition in a rapidly evolving market. To make informed investment decisions, it is essential to balance the potential rewards and associated risks, conduct thorough research and consider risk tolerance and investment objectives. As with any investment, diversifying your portfolio and practicing proper risk management are essential when exploring the world of altcoins. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** altcoin, bitcoin, Btc, Crypto, Unocoin --- ### [How to Create Your Own Cryptocurrency in 2023](https://blog.unocoin.com/how-to-create-your-own-cryptocurrency-in-2023/) **Published:** October 9, 2023 **Author:** Unocoin Growth **Content:** ## **Guide to Creating Your Own Cryptocurrency in 2023** ### **The basics of creating your own cryptocurrency** Cryptocurrencies have revolutionized the financial world and the idea of ​​creating your own digital currency is becoming more and more popular. While it may seem daunting, with the right knowledge and tools, you can bring your crypto vision to life. ### **Creating your cryptocurrency involves several key steps:** **Define your purpose:** Start by clearly defining the purpose and use case of your cryptocurrency. Do you aim to create a decentralized application, improve a specific industry or simply experiment with blockchain technology? Understanding your goals will lead to the development of your project. **Choose a blockchain platform:** You will need a blockchain platform to build your cryptocurrency. Ethereum, Binance Smart Chain, and Solana are popular choices, each with their own unique features and benefits. Explore and choose the one that best fits your project goals. **Design a token:** The core of your cryptocurrency is a token. Decide whether you want to create a fungible token (eg currency) or a non-fungible token (NFT) for unique assets. Define parameters such as token supply, divisibility and whether it will be mineable or premined. ### **Development and Launch** Once you’ve laid the groundwork, it’s time to develop and launch your cryptocurrency: **Smart Contract Development:** If you are using a platform like Ethereum, you will need to create a smart contract that defines the rules and functionality of your cryptocurrency. It is important to write secure and efficient code to avoid vulnerabilities. **Security Audits:** Conduct thorough security audits to identify and remediate vulnerabilities in your smart contract. A security breach can lead to significant losses and damage the reputation of your project. **Token Launch:** When you are satisfied with the development and security of your cryptocurrency, it is time to launch it to the public. Consider doing a presale or initial coin offering (ICO) to raise funds for your project, or opt for other funding mechanisms like airdrops or liquidity mining. **Community Building:** Building a strong community around your cryptocurrency is essential to its success. Engage your users, provide regular updates and create communication channels such as social media and forums. **List on Exchanges:** To increase the liquidity and availability of your cryptocurrency, work to get it listed on reputable cryptocurrency exchanges. This will make it easier for users to buy, sell and trade your token. **Continuous development:** Your cryptocurrency journey does not end with its launch. Continually improve your project, address user feedback, and adapt to changing market conditions. Regular updates and improvements will help your cryptocurrency thrive. #### **Conclusion** Creating your own cryptocurrency can be rewarding, but it requires careful planning, technical knowledge, and a commitment to continuous development and security. Remember that the cryptocurrency space is highly competitive, so focusing on a unique use case and building a strong community will greatly increase your chances of success. Constantly educate yourself and develop your project to stay relevant in the ever-changing world of cryptocurrencies. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Token, Unocoin --- ### [Crypto Safety 101: Scams Every Investor Should Be Aware Of](https://blog.unocoin.com/crypto-safety-101-scams-every-investor-should-be-aware-of/) **Published:** October 6, 2023 **Author:** Unocoin Growth **Content:** ## **Stay Safe in Crypto: How to Avoid Crypto Scams** ### **Recognizing common cryptographic scams** The cryptocurrency market offers numerous opportunities for legitimate investment, but it is also a breeding ground for scams and fraudulent schemes. In order to protect your hard-earned money, it is essential to educate yourself on the different types of crypto scams and learn how to identify them. #### **Examples of common cryptographic scams** **Phishing scams:** Phishing scams involve scammers sending fake emails or messages that appear to be from reputable cryptocurrency exchanges or wallets. These messages often contain malicious links or attachments and aim to steal your credentials or private keys. For example, you may receive an email that appears to be from a popular exchange like Coinbase and asks you to click on a link to verify your account details. Always double-check the sender’s email address and never click on suspicious links. **Ponzi schemes:** Ponzi schemes promise high returns on investments with little to no risk. They rely on funds from new investors to pay returns to earlier investors, creating the illusion of profitability. A famous example is the BitConnect platform, which promised consistent returns but eventually collapsed, causing investors to lose significant amounts. **Fake ICOs (Initial Coin Offerings):** Fraudsters create fraudulent ICOs for non-existent or worthless tokens and lure investors with the promise of getting rich quick. One such example is the Centra Tech ICO, which raised over $25 million before its founders were arrested for fraud by the US SEC. ### **Protect yourself from crypto scams** While crypto scams can be sophisticated, there are steps you can take to protect yourself from falling victim to them. #### **Examples of preventive measures** **Verify the source:** Always verify the authenticity of the source, whether it’s an email, website, or social media account. Check official communication channels and independently confirm information. Never believe spam or offers that seem too good to be true. **Use reputable exchanges and wallets:** Stick to well-known and reputable cryptocurrency exchanges and wallet providers. Research their security practices and read reviews from other users to make sure your funds are in safe hands. **Educate yourself:** The more you know about cryptocurrencies and related scams, the better equipped you will be to spot potential scams. Stay informed about the latest scam tactics and warning signs. **Beware of unrealistic promises:** Be wary of investments that promise guaranteed returns or sky-high profits. If it sounds too good to be true, it probably is. Always do your due diligence before investing. **Enable Two-Factor Authentication (2FA):** Use 2FA on your exchange and wallet accounts to add another layer of security. This makes it much more difficult for fraudsters to gain access to your funds. #### **Conclusion** Crypto scams are a significant threat in the cryptocurrency space, but if you stay informed, exercise caution and follow best practices, you can minimize the risk of falling victim to fraudulent schemes. Remember that your security and due diligence are your best defenses against crypto fraud. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, prevention, scams, Unocoin --- ### [P2P SCAMS IN INDIA : ACCOUNTS GETTING FROZEN FOR PEOPLE INVOLVING IN P2P TRANSACTIONS](https://blog.unocoin.com/p2p-scams-in-india-accounts-getting-frozen-for-people-involving-in-p2p-transactions/) **Published:** October 5, 2023 **Author:** Unocoin Growth **Content:** Peer-to-peer (P2P) cryptocurrency trading has been a core component of the cryptocurrency ecosystem since its inception. It involves the direct exchange of cryptocurrencies between individuals without intermediaries. P2P platforms facilitate these exchanges and often include third-party escrow services for added security. Compared to centralized exchanges, P2P trading lies in its global availability, diverse payment options and minimal transaction fees. In regions hostile to traditional cryptocurrency exchanges, P2P trading has proven to be a vital lifeline. India, for example, experienced a banking ban on cryptocurrency trading in April 2018. Although this ban was overturned by the Supreme Court in March 2020, Indian banks are still hesitant to offer services to crypto exchanges due to regulatory uncertainty. As a result, P2P platforms have thrived in this environment. The 2021-2022 cryptocurrency bull market saw a surge in trading volume in India, drawing the attention of the government. While industry leaders have called for comprehensive regulations, India’s finance minister has imposed a hefty 30% tax on cryptocurrency profits in 2022. This high tax rate, along with ongoing regulatory ambiguity, has put many Indian investors off the market. In this context, P2P platforms have seen a substantial increase in trading activity. However, the increase in the volume of P2P trading has also brought with it an increase in P2P fraud. These scams often involve stolen bank details or enticing promises of high profits, with fraudsters using this information to trick P2P users. One common method scammers use is through fake cryptocurrency channels on platforms like Telegram. These channels promise lucrative returns or landings and lure unsuspecting users who then share their banking information. Alternatively, fraudsters can obtain or steal users’ personal information. With this stolen data, fraudsters create P2P accounts on popular platforms such as Binance. They initiate purchase orders, seek out unsuspecting sellers and transfer money to sellers using the victim’s account. The scammer disappears with the cryptocurrency and the victim only discovers the scam after it has been debited from their bank account. Victims report the fraud to the police, which leads to the freezing of all bank accounts involved in the fraud, including those of unwitting sellers. This legal action results in a long-term account freeze, causing considerable inconvenience to sellers who may also face legal investigation. One anonymous seller described having his account frozen for 50,000 rupees, expressing fear of being approached by the authorities and potential legal consequences. Police often resort to freezing accounts due to a lack of clear guidelines regarding cryptocurrency-related crimes and a limited understanding of cryptocurrency technology. Participating in tax evasion through P2P platforms to avoid 1% TDS is illegal and could lead to serious consequences from the tax authorities. Compliance is essential when investing in digital assets. Choose reputable exchanges like [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) known for their strict KYC regulations and top compliance standards to ensure legal and safe trading. Prominent figures like Harish B.V (co-founder of Unocoin) in the Indian crypto community are advocating police training to effectively combat these scams. Fraudsters often use international platforms to evade Indian authorities, making it difficult for them to obtain the necessary documentation. This lack of awareness sometimes leads to harassment of victims who are falsely told that crypto transactions are illegal in India. In response to the growing threat of P2P fraud, many crypto experts in India are advising traders to avoid P2P trading altogether. Mr. Sathvik Vishwanath,The CEO of Unocoin, a major Indian crypto exchange, has highlighted the risks of inadvertently sending money to the wrong recipient and subsequent warnings from government authorities. P2P scams have become so prevalent and when it comes to that, caution is preferred over convenience in the Indian cryptocurrency landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, p2p, scams, Unocoin --- ### [Strategic Crypto Investing | How to Optimize Your Portfolio](https://blog.unocoin.com/strategic-crypto-investing-how-to-optimize-your-portfolio/) **Published:** October 4, 2023 **Author:** Unocoin Growth **Content:** ## **Strategize Your Cryptocurrency Investments For Success** ### **Understanding the Crypto Market** The world of cryptocurrencies has captured the imagination of investors around the world. With the potential for substantial returns, it’s no wonder that many are eager to dive into this exciting and volatile market. But before you jump in headfirst, it’s crucial to develop a well-thought-out strategy to navigate the complexities of the crypto space. ### **Building a Solid Crypto Investment Strategy** 1. #### **Diversify your portfolio** Diversification is a fundamental principle of investment strategy, and it also applies in the world of cryptocurrencies. The crypto market is notorious for its volatility, and different digital assets can behave very differently. By spreading your investments across a number of cryptocurrencies, you can mitigate the risk. While Bitcoin and Ethereum are the most well-known, consider exploring smaller, promising projects with solid foundations. Diversification can help you ride out market swings and potentially yield better long-term results. 2. #### **Do thorough research** Before investing in any cryptocurrency, it is essential to do thorough research. Understand the technology behind the coin or token, the problem it aims to solve and the team behind the project. Look for cryptocurrencies with a strong community and real-world use cases. Don’t just be swayed by hype or short-term price spikes. Remember that successful crypto investing is based on knowledge and a deep understanding of the market. 3. #### **Set Clear Goals and Risk Tolerance** Before you start investing in cryptocurrencies, define your investment goals and risk tolerance. Are you looking for short-term gains or are you in it for the long haul? Your goals will influence your investment decisions. Additionally, determine how much risk you are comfortable taking. Cryptocurrencies can be highly volatile, so it’s important to only invest what you can afford to lose. 4. #### **Stay informed and adapt** The cryptocurrency market is constantly evolving. Stay informed about the latest news, developments and trends in space. Follow influencers on social media, join crypto forums and read reputable news sources. Be prepared to adapt your strategy to changing market conditions. This can include adjusting your portfolio, taking profits during bull markets, or buying dips during bear markets. 5. #### **Secure your investments** Cryptocurrency investments are only as safe as the wallet you use to store them. Choose reputable, secure wallets and consider using hardware wallets for additional protection against hacks and theft. Enable two-factor authentication whenever possible and never share your private keys with anyone. Security is paramount in the crypto world. ##### **Conclusion** Investing in cryptocurrencies can be a lucrative endeavor, but it is not without risks. To succeed in this market, you need a well-thought-out strategy that includes diversification, research, goal setting, and safety precautions. By following these guidelines and staying informed, you can increase your chances of making informed decisions and achieving success in the world of crypto investing. Remember that patience and discipline are key virtues in this fast-paced and ever-changing market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Investment, Cryptocurrency Investment, Investment, strategy, Unocoin --- ### [What makes a crypto exchange the best?](https://blog.unocoin.com/what-makes-a-crypto-exchange-the-best/) **Published:** September 28, 2023 **Author:** Unocoin Growth **Content:** ## **What makes a crypto exchange the best?** The cryptocurrency landscape has grown exponentially, and with it, the number of cryptocurrency exchanges. In this crowded space, what sets a crypto exchange apart as the best choice for traders and investors? In this article, we will dive into the key factors that make a cryptocurrency exchange stand out and how Unocoin excels in these aspects. ### **Security and trustworthiness** One of the fundamental factors that determine the supremacy of a crypto exchange is the security it provides. The crypto world is full of threats, including hacking attempts and scams. A top-tier exchange like Unocoin puts security first and foremost. [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) uses state-of-the-art security measures to ensure the protection of users’ funds and personal information. This includes using standard encryption protocols, implementing two-factor authentication (2FA), and performing regular security audits. These measures are designed to create a fortress around users’ property and give them peace of mind. In addition, [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) meets regulatory standards and adheres to robust KYC (Know Your Customer) procedures. This commitment to legality and transparency not only builds trust in the crypto community but also reassures users that they are trading on a platform that adheres to the highest ethical and legal standards. ### **User-friendly interface and features** A top crypto exchange should satisfy a wide range of users, from beginners to seasoned traders. A user-friendly interface is essential to make cryptocurrency trading accessible to everyone. [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) excels in this regard by providing an intuitive platform that is easy to navigate. New users can quickly create an account and start trading without having to deal with steep learning curves. Unocoin also offers a mobile app that allows users to trade on the go, which is convenient for those who are always on the move. In addition to a user-friendly interface, Unocoin offers a set of features that enhance the trading experience. These include secure storage options for digital assets, a comprehensive education section that provides users with knowledge, and a responsive customer support team available through multiple channels. This holistic approach ensures that users have all the tools and assistance they need to thrive in the cryptocurrency world. #### **Conclusion:** In conclusion, the combination of security, trustworthiness, user-friendliness and basic features sets the crypto exchange apart as the best in the market. Unocoin embodies all of these qualities, making it an ideal choice for both novice and experienced cryptocurrency enthusiasts. With Unocoin, you can trade with confidence knowing that your assets are safe and that you have a reliable partner on your crypto journey. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bitcoin, Bitcoin Exchange, Btc, Cryptocurrency Exchange, Unocoin --- ### [Choosing the Right Cryptocurrency to Invest In: Tips & Insights](https://blog.unocoin.com/choosing-the-right-cryptocurrency-to-invest-in-tips-insights/) **Published:** September 28, 2023 **Author:** Unocoin Growth **Content:** ## **How to Choose the Right Cryptocurrency** Cryptocurrencies, a breakthrough digital asset class powered by blockchain technology, operate independently of centralized authorities such as banks or governments. With a staggering 24,630 cryptocurrency projects in existence and a projected market value of $4.94 billion by 2030, they have captured the imagination of the financial world. ### **Bitcoin (BTC):** As the original cryptocurrency introduced by Satoshi Nakamoto in 2009, the Bitcoin blockchain provides security through proof of work. Its value has grown from $500 in 2016 to approximately $27,181 in September 2023, a remarkable growth of 5,336%. ### **Ethereum (ETH):** Known for its smart contract capabilities, Ethereum has seen its value rise from $11 in April 2016 to around $1,645 by September 2023, a staggering 14,854% increase. ### **Tether (USDT):** This stablecoin is backed by fiat currencies and offers relative stability compared to volatile cryptocurrencies with a market cap of $83.1 billion. ### **Binance Coin (BNB):** Originally designed for trading and fees on the Binance exchange, the value of BNB has skyrocketed from $0.10 in 2017 to around $218 in September 2023, a staggering 218,291% growth. ### **XRP (XRP):** Developed by Ripple, XRP facilitates currency exchanges and saw an 8,386% increase in price from $0.006 in early 2017 to $0.51 in September 2023. ### **U.S. Dollar Coin (USDC):** An Ethereum-powered stablecoin, USDC maintains a 1:1 USD ratio and enables global transactions with a market cap of USD 26.1 billion. ### **Cardano (ADA):** Due to proof-of-stake verification, the Cardano token has grown from $0.02 in 2017 to $0.26 in September 2023, an increase of 1,180%. ### **Dogecoin (DOGE):** Initially a meme, the price of Dogecoin rose from $0.0002 in 2017 to $0.06 in September 2023, a huge gain of 31,260%. ### **Toncoin (TON):** The native TON token, Toncoin, originally designed for Telegram, is a fast and eco-friendly application for buying, sending and storing funds. ### **Solana (SOL):** Focused on DeFi, DApps and smart contracts, Solana’s SOL token saw a 2,501% increase, from $0.77 at launch in 2020 to around $20.03 in September 2023. #### **Conclusion:** These cryptocurrencies represent a diverse and dynamic landscape of digital assets, each with its own unique characteristics and potential for growth in the ever-evolving world of finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development --- ### [USDC listed on Unocoin : Guide 2023](https://blog.unocoin.com/usdc-listed-on-unocoin-guide-2023/) **Published:** September 22, 2023 **Author:** Unocoin Growth **Content:** USDC (USD Coin) is a stablecoin pegged to the value of the US dollar. We launched trading pairs against USDC recently at [Unocoin.com](http://Unocoin.com), as a digital alternative to traditional currency, it offers stability and transparency in the volatile world of cryptocurrency. USDC is widely used for trading, lending, and as a means of preserving value in the crypto market, backed by real-world USD reserves Circle’s USD Coin (USDC) has emerged as a stalwart stablecoin in the ever-evolving world of cryptocurrency. Anchored to the US dollar in a near 1-to-1 ratio, USDC offers a reliable asset amidst the market’s inherent volatility. Its primary objective is to empower users with swift and frictionless transactions, transcending geographical boundaries. This not only facilitates cross-border remittances but also positions USDC as a crucial player in international trade. USDC’s significance extends beyond stability. It plays a pivotal role in the decentralized finance (DeFi) landscape, allowing users to participate in yield farming, liquidity provisions, and lending protocols. Moreover, USDC’s ecosystem, led by Circle, emphasizes transparency, security, and regulatory compliance, ensuring its credibility as a stablecoin. Backed by a reserve of US dollars held by Circle, USDC maintains an auditable link between its circulating tokens and the actual US dollars in reserve bank accounts. Regular attestation reports from auditing firms validate this connection, instilling confidence in users that each USDC token is genuinely backed by a corresponding US dollar. USDC’s utility spans various use cases in the crypto space, from trading to stable value transfers, DeFi activities, e-commerce, and smart contract operations. Traders utilize it for quick position adjustments during market volatility, while it serves as a stable means for value transfer across borders. In DeFi, users can leverage its stability for lending, borrowing, and liquidity provision. USDC’s tokenomics, designed to maintain a 1-to-1 peg with the US dollar, supports its utility in everyday transactions and financial activities. It has also expanded its presence beyond the Ethereum blockchain, making it available on multiple chains like Algorand, Solana, and Stellar. Those interested in trading USDC, can do so on reputable cryptocurrency platforms like Unocoin. By following the steps of creating an account, depositing funds, and buying USDC, users can take advantage of its stability and versatility. In conclusion, Circle’s USDC stands as a pillar in modern finance, bridging the gap between traditional finance and the dynamic world of cryptocurrencies. With its unwavering value, seamless transactions, and integration into the DeFi landscape, USDC continues to exemplify stability and utility, driving the transformation of the financial ecosystem. To explore trading opportunities with USDC, you can visit Unocoin’s exchange platform[ here](https://unocoin.com/in/exchange/inr/usdc). Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Stable Coin, Unocoin, USDC --- ### [Stablecoins as the Future Payment Norm in Crypto](https://blog.unocoin.com/stablecoins-as-the-future-payment-norm-in-crypto/) **Published:** September 19, 2023 **Author:** Unocoin Growth **Content:** ## **Stablecoins: The Evolution of Digital Payments** Stablecoins have proven to be a transformative force within the cryptocurrency ecosystem, redefining how we envision the future of digital payments. These unique digital assets provide stability, security and efficiency, making them well-positioned to become the norm for transactions in the crypto world and beyond. ## **The Rise of Stablecoins** ### **Stability in an unstable landscape** One of the key challenges facing cryptocurrencies like Bitcoin has been their inherent price volatility. While Bitcoin and other cryptocurrencies offer numerous advantages, their fluctuating values ​​make them less practical for day-to-day transactions. Enter stablecoins, a class of digital currencies designed to maintain a stable value by being pegged to an underlying asset, usually a fiat currency such as the US dollar. Stablecoins represent a bridge between the crypto world and traditional finance. They offer the best of both worlds: the speed and borderless nature of cryptocurrencies combined with the stability of traditional fiat currencies. This stability makes them an ideal candidate to become the future payment standard in the crypto space. ## **Different types of Stablecoins** Stablecoins come in a variety of forms, each with their own unique characteristics and use cases: ### **Fiat-Collateralized Stablecoins:** These stablecoins are backed by fiat currency reserves such as USD or EUR held in a bank account. For every stablecoin in circulation, there is an equivalent amount of fiat currency in reserve. Tether (USDT) and USD Coin (USDC) are prominent examples. ### **Crypto-Collateralized Stablecoins:** These stablecoins are backed by cryptocurrencies held in smart contract-based collateral pools. Value is maintained through mechanisms such as over-collateralization and liquidation of assets if fixation is threatened. A notable example is DAI, a stablecoin on the Ethereum blockchain. ### **Algorithmic Stablecoins:** These stablecoins rely on algorithms and smart contracts to regulate their supply and demand and try to maintain a stable value without direct collateral. Ampleforth (AMPL) is an example that adjusts its offer based on market conditions. ## **Stablecoins Beyond Crypto** ### **Global remittances and financial inclusion** Stablecoins offer a game-changing solution for global remittances. Traditional cross-border money transfers are often slow, expensive and plagued by high fees. With stablecoins, individuals can send funds across borders instantly and at minimal cost. This has significant implications for the 1.7 billion unbanked people worldwide, as stablecoins provide a pathway to financial inclusion. Additionally, in countries with unstable or hyperinflationary currencies, stablecoins can serve as safe havens that allow people to preserve their wealth and conduct daily transactions without fear of losing purchasing power. ### **E-commerce and micropayments** Stablecoins are poised to revolutionize the e-commerce industry. Merchants can now accept payments in stablecoins, eliminating the volatility associated with cryptocurrencies and providing customers with a stable pricing experience. This can drive the adoption of global e-commerce and facilitate cross-border trade, reducing the need for costly currency conversions. In addition, stablecoins are suitable for micropayments and open new opportunities for content creators, artists and platforms. Users can pay small amounts for digital content or services without being burdened with high transaction fees, unlocking the world of microtransactions. ### **The future of payments** Stablecoins are on the verge of becoming the future payment standard in the crypto world and beyond. Their stability, versatility and efficiency make them attractive for a wide range of applications, from everyday transactions to cross-border transfers and e-commerce. As the technology behind stablecoins continues to evolve, we can expect these digital assets to play an increasingly important role in shaping the future of payments, providing financial stability and inclusivity to people around the world. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, dai, Stable Coin, Unocoin, USDC, Usdt --- ### [Crypto Lending & Borrowing Transforming Traditional Finance Models](https://blog.unocoin.com/crypto-lending-borrowing-transforming-traditional-finance-models/) **Published:** September 14, 2023 **Author:** Unocoin Growth **Content:** ## **Crypto Lending Redefining Finance** Loans and borrowings in cryptocurrencies are disrupting traditional financial models in an unprecedented way, opening up new opportunities and challenges. This paradigm shift is reshaping the financial landscape and has profound implications for individuals and institutions. ## **The Rise of Decentralized Finance (DeFi)** Cryptocurrency loans and advances are at the forefront of the decentralized finance (DeFi) movement. DeFi projects use blockchain technology and smart contracts to offer lending and borrowing services directly to users, eliminating the need for traditional intermediaries such as banks. This approach allows individuals to access financial services that were previously out of reach for many. One of the standout features of DeFi loans is the ability to earn passive income by supplying cryptocurrencies to liquidity pools. Users can lock their digital assets in these funds and earn interest or fees in return. The concept challenges the traditional banking model, where customers receive minimal interest on their savings accounts, while banks profit significantly from lending out these deposited funds. In addition, DeFi lending platforms offer a global reach, allowing users from anywhere in the world to participate without the need for a bank account or credit history. This inclusivity is particularly empowering for the unbanked and unbanked population that has historically been excluded from traditional financial systems. ## **Risks and challenges** While crypto lending and DeFi present exciting opportunities, they also come with risks and challenges. Smart contracts, the foundation of DeFi platforms, are not infallible and can be prone to coding errors or abuse. High-profile hacks and exploits have resulted in significant user losses, highlighting the need for robust security measures and due diligence. Regulatory uncertainty is another big challenge in cryptocurrency lending. Governments and regulators are still grappling with how to classify and regulate cryptocurrencies and DeFi platforms. This uncertainty can create legal and compliance risks for users and projects operating in this space, potentially stifling innovation and adoption. In addition, the inherent volatility of the cryptocurrency market poses a risk to both lenders and borrowers. Crypto collateral used in DeFi lending may experience rapid price fluctuations, leading to margin calls or liquidation. This risk underscores the importance of sound risk management strategies and diversified hedging. ## **Institutional involvement and future outlook** ### **Institutional acceptance** The cryptocurrency lending and borrowing space is witnessing increasing institutional involvement. Traditional financial institutions, including banks and hedge funds, are increasingly exploring ways to integrate cryptocurrencies and DeFi into their operations. This interest is driven by the potential for higher returns in the crypto lending market compared to traditional fixed-income investments. Additionally, the emergence of institutional cryptocurrency lending platforms provides a bridge between the crypto world and the traditional financial world. These platforms offer robust compliance, security and transparency measures, making them more attractive to institutional investors seeking exposure to the cryptocurrency lending market. ### **The future of finance** The transformation of traditional financial models through crypto-lending and lending is still in its early stages, and the full extent of its impact remains to be seen. As the regulatory landscape becomes clearer and technology matures, we can expect more innovation and growth in this space. One potential development is the integration of digital assets into the wider financial ecosystem. This could lead to hybrid financial products that combine the advantages of cryptocurrencies, such as speed and transparency, with traditional financial instruments. ### **Conclusion:** In conclusion, cryptocurrency lending and borrowing represent a revolution in traditional financial models by democratizing access to financial services, offering new opportunities for income generation and challenging the role of intermediaries. However, these disruptive innovations also come with risks and regulatory challenges that need to be addressed for the sector to reach its full potential. As institutional involvement continues to grow, the cryptocurrency lending space is poised to play an increasingly significant role in shaping the future of finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Lending, Unocoin --- ### [From Genesis to Global Phenomenon: The Journey of Bitcoin](https://blog.unocoin.com/from-genesis-to-global-phenomenon-the-journey-of-bitcoin/) **Published:** September 13, 2023 **Author:** Unocoin Growth **Content:** ## **The Genesis of Bitcoin** Bitcoin’s genesis can be traced back to a white paper published in October 2008 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. Titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” the paper presented the concept of a decentralized digital currency that would enable secure peer-to-peer transactions without the need for intermediaries such as banks. Nakamoto’s breakthrough was blockchain, the distributed ledger technology that would underpin Bitcoin and future cryptocurrencies. In January 2009, Nakamoto mined the first ever Bitcoin block, known as the “genesis block”. This marked the birth of the Bitcoin network, and Nakamoto continued to contribute to its development before finally disappearing from the public eye in 2010. This enigmatic figure left the foundation for a financial revolution, and over the next decade, Bitcoin’s journey evolved into a global phenomenon. ## **An unleashed global phenomenon** Bitcoin’s rise since its inception has been marked by several key milestones. It initially gained the attention of a narrow community of crypto enthusiasts and libertarians who saw it as a potential alternative to traditional financial systems. In the early days, the value of Bitcoin was practically negligible and it was primarily used for experimental transactions within this niche group. However, as its usefulness and scarcity became apparent, Bitcoin began to attract wider interest. In 2010, the first real-world transaction occurred when a programmer named Laszlo Hanyecz famously bought two pizzas for 10,000 BTC, now considered one of the most expensive pizzas in history. The event marked the first time Bitcoin was used as a medium of exchange for physical goods. In the years that followed, Bitcoin’s value experienced extreme volatility, but it also gained legitimacy and acceptance. By 2013, the price of Bitcoin climbed above $1,000 for the first time, attracting the attention of investors and mainstream media. This led to the emergence of cryptocurrency exchanges and an influx of institutional interest. 2017 saw a remarkable bull run, with Bitcoin hitting an all-time high of nearly $20,000. This rally has been driven by increased awareness, speculation and a wave of initial coin offerings (ICOs) that have spawned a number of new cryptocurrencies and blockchain projects. However, the subsequent market correction underscored the need for regulatory scrutiny and risk management in the cryptocurrency space. Bitcoin’s journey continued into 2020 when it faced a major test in the form of the COVID-19 pandemic. While traditional markets have plummeted, bitcoin has proven its resilience as a digital store of value, attracting investment from institutional players looking to hedge against economic uncertainty. This newfound institutional interest marked a turning point that led to greater recognition and acceptance of Bitcoin as a legitimate asset class. In 2021, Bitcoin broke new ground by reaching a price of over $69,000, thanks in large part to institutional investment and growing acceptance among large corporations like Tesla and Square, which began adding Bitcoin to their balance sheets. This confirmation from corporate giants further cemented Bitcoin’s status as a global phenomenon and store of value. ### **Conclusion:** In conclusion, Bitcoin’s journey from its inception to becoming a global phenomenon has been remarkable. It started as an obscure concept in a whitepaper and has evolved into a digital asset with a market cap in the trillions of dollars. Along the way, it has faced challenges, skepticism and regulatory oversight, but has also gained widespread recognition and acceptance. As Bitcoin continues to shape the financial landscape, its future remains exciting and uncertain, with the potential to fundamentally reshape global finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, crypto. genesis, Unocoin --- ### [How to Buy Bitcoin in India?](https://blog.unocoin.com/how-to-buy-bitcoin-in-india/) **Published:** January 11, 2021 **Author:** Unocoin Growth **Content:** The decentralised nature of Bitcoin has been a real equaliser for Indians, who can now join global retail investors in investing and the currency of the future. This blog lays out how to buy Bitcoin in India. The 21st of December, 2020, was a milestone in the history of Bitcoin as it reached an all-time high of $24,228.83. And it didn’t stop there — the global crypto community looked on with astonishment as the Bitcoin record rally continued. Yesterday, on the 9th of January, 2021, it topped $41,000. Early investors have been celebrating this steep ascent in the value of the world’s foremost cryptocurrency, and this has seen a rise in new interest too. Today, many individuals are joining the cryptocurrency revolution and looking to invest in Bitcoin because of its promise of high returns. > The search volume from last month is a good indicator of public enthusiasm — on the 18th of December, 2020, the people looked up ‘How to buy Bitcoin in India?’ over 1,00,000 times. The decentralised nature of Bitcoin has been a real equaliser for Indians, who can now join global retail investors in investing in this digital asset and the currency of the future. If you are piqued by this phenomenon but don’t know where to start, this blog will give you a brief idea of what are cryptocurrencies: . # How to buy Bitcoin in India? Buying bitcoin is fairly easy — you can purchase them from an exchange that deals in crypto assets like Unocoin, ZebPay or WazirX in India. But to ensure the safety of the transaction, you are required to register and submit some documents online. Here’s how you can set up an account with Unocoin, the leading crypto exchange in India: - Download the Unocoin app on your smartphone. - On opening the app, you will be asked to sign up. Fill in your email ID and set a password. You will then be asked to set a six-digit passcode that is required to enter the app and transact. - After you’ve signed up, you will need to verify your profile. The verification process requires you to give your name, address and phone number. In addition, you have to upload pictures of your PAN card, Aadhaar card and a recent passport-sized photo of yourself. - After you’ve given out the required details and submitted the photos of documents through the app, an agent from Unocoin might call you before your account is verified. - Once your account is verified, you can buy and sell Bitcoin or any of the other five crypto assets that are supported by the app (bitcoin, bitcoin cash, ripple, ether, litecoin, USD Tether etc). You’re all set! You can now get to the buying part with the following steps: - Load your account with money from the bank. You can add money via a Net banking facility offered by your bank. - You can also add money to your Unocoin wallet at the time of buying bitcoin. - Once you enter the amount of Bitcoin you want to buy, a deposit order specifying the amount of money you need to transfer will be created. - Go to your bank’s net banking facility and transfer the required amount to Unocoin’s bank account via IMPS/NEFT/RTGS transfer. - Enter the reference number generated by the bank after the transfer of money against the deposit order in the Unocoin app. After validation of the transfer by Unocoin, the money will be added to your Unocoin wallet. - After adding money to your Unocoin wallet, you can now buy Bitcoin. Transactions are processed in less than a few seconds and Bitcoin is added to your **Bitcoin wallet maintained by Unocoin**. You can also transfer these Bitcoins to another Bitcoin wallet outside Unocoin. Bitcoin can be bought **any time, any day of the week** on Unocoin. - You can also buy other crypto assets ([ether](https://blog.unocoin.com/2022/04/29/ethereum-classic-price-prediction-2022/) and USD Tether) with the money in your Unocoin wallet. Buying other crypto assets on Unocoin is no different from buying bitcoin and crypto-assets bought are stored in their respective wallets maintained by Unocoin. - Unocoin also offers Unocoin Exchange for 30+ different coins and tokens including bitcoin which allows its customers to place bids and ask for orders similar to traders do on equity and commodity markets. Unocoin matches these orders with those of another customer as and when they are available. - You can also withdraw money from your Unocoin wallet to transfer it back to your bank account. If you are adding money to your Unocoin wallet through net banking, here’s how the different modes of fund transfer (NEFT/RTGS/IMPS) differ from each other: - **National Electronic Funds Transfer (NEFT)** — You can choose NEFT as the mode of payment when transferring funds to your Unocoin wallet. NEFT payments are processed in batches (every half an hour) during the bank’s working hours by the Central National Payments Corporation of India also known as NPCI (run by RBI). Thus, this facility is unavailable beyond bank working hours or on Sundays, 2nd and 4th Saturdays and public holidays. A nominal amount ranging from 0 or 2.5 rupees (for less than 10000 rupee transactions) to 25 rupees (more than 5 lakh rupee transactions) may be charged as service fee with added GST (Goods and Services Tax) by the bank. NEFT is suitable for low-to-mid value transfers that don’t have to be executed on priority. Banks have differing caps on the maximum amount that can be transferred using NEFT. - **Real-Time Gross Settlement (RTGS)** — Transfers using this mode of payment are initiated as soon as the request is received. Recommended for large money transfers (available for amounts more than 2 lakh rupees). This service is also run by NPCI. This transfer is done by the RBI (Reserve Bank of India). Working hours are from 9 a.m. to 4:30 p.m. on weekdays and from 9 a.m.-2 p.m. on Saturdays. - **Immediate Payment Service (IMPS)** — This service is also provided by the NPCI. Funds can be transferred any time any day of the week at very low charges (maximum of 3 rupees + GST) that the banks may levy. Transfers take place in real time. A maximum of 2 lakh rupees can be transferred in one transaction. Transfers are validated by the Unocoin team in less than three to four hours, though on occasion, it might take up to twenty-four hours, due to a large number of transfers. If deposits are done in the evening or on the eve of bank holidays, it might take up to the next working day before the transfer is reflected in your Unocoin wallet balance. If you have trouble depositing money in your Unocoin wallet, email support@unocoin.com or call the customer number 7788978910 (7 a.m.-11 p.m., Mon-Sat). Other enquiries can also be directed to the email ID or the customer care number. Any requests for changes in transactions can also be sought through these channels before being carried out by Unocoin. For more on how to buy Bitcoins, visit [Unocoin](https://www.unocoin.com/how-it-works). You can also have a look at [FAQs here](https://www.unocoin.com/faq). We hope that this blog has helped you understand more about Bitcoin transactions and purchases. Feel free to look through our other blogs to delve into the world of decentralised money! **Categories:** Blog, Featured **Tags:** Bitcoin Price, buy bitcoin, Buy Bitcoin In India, Buy Bitcoin Instantly, how to buy bitcoin in india --- ### [Crypto Regulation Unveiled: What to Expect in 2023](https://blog.unocoin.com/crypto-regulation-unveiled-what-to-expect-in-2023/) **Published:** September 11, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction: Regulatory landscape** As the cryptocurrency ecosystem continues to expand, governments and regulators around the world are grappling with the need to create comprehensive frameworks to govern this burgeoning industry. We can expect significant developments in cryptocurrency regulation in 2023 as authorities seek to strike a balance between fostering innovation and mitigating risk. Here, we dive into what to expect on the regulatory front in the coming year. ## **Improved KYC and AML measures** One of the top priorities for regulators in 2023 will be the implementation of robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These measures aim to increase transparency in the crypto space, making it harder for illegal actors to misuse the technology for nefarious purposes. ## **Stricter supervision of exchanges** Cryptocurrency exchanges have long been at the center of regulatory oversight. In 2023, we can expect increased oversight of exchanges with requirements for proper licensing, security standards, and transparency. Regulators will be more active in ensuring exchanges comply with their regulatory obligations. ## **Taxation and Reporting Requirements** Cryptocurrency taxation will become more standardized and clear next year. Many governments will introduce or refine tax policies related to crypto transactions, capital gains and income. In addition, there are likely to be increased reporting requirements for individuals and businesses involved in crypto activities. ## **Stablecoins in the spotlight** Stablecoins, which are designed to maintain a stable value by being pegged to a reserve asset such as fiat currency, will face increased scrutiny. Regulators will seek to classify stablecoins appropriately, potentially categorizing them as securities or imposing reserve requirements to ensure their stability. ## **Central Bank Digital Currencies (CBDCs)** Central banks will continue to explore and develop CBDCs in 2023. These government-issued digital currencies will be subject to unique regulatory frameworks as they aim to co-exist with traditional fiat currencies while integrating blockchain technology. ## **International cooperation** Due to the global nature of cryptocurrencies, international cooperation will be necessary for effective regulation. Expect increased cooperation between countries and regulators to develop standardized approaches to regulate cryptocurrencies and combat cross-border illicit activities. ## **Balancing innovation and investor protection** Regulators will face the challenge of supporting innovation in the crypto space while protecting investors. Finding the right balance will be a recurring theme in 2023, with regulators looking to promote responsible growth while curbing excessive speculation and fraud. ### **Conclusion:** In summary, 2023 is likely to see significant developments in cryptocurrency regulation as governments and regulators around the world respond to the evolving crypto landscape. Expect increased scrutiny, transparency and clarity as the industry matures and adapts to a more regulated environment. Cryptocurrency enthusiasts, investors, and businesses should remain vigilant and adapt to these changes as they unfold. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Regulation, Btc, Crypto, Crypto Regulation, Unocoin --- ### [Adapting to Change: The Surge of Cryptocurrency in a World After COVID-19](https://blog.unocoin.com/adapting-to-change-the-surge-of-cryptocurrency-in-a-world-after-covid-19/) **Published:** September 6, 2023 **Author:** Unocoin Growth **Content:** ## **Changing the pandemic paradigm** The COVID-19 pandemic has brought unprecedented changes to our world, accelerating the adoption of digital technologies and reshaping our economic landscape. In the midst of this upheaval, cryptocurrency has emerged as a resilient and transformative force that offers solutions to a variety of problems. Here we explore how cryptocurrency has surged in the post-COVID-19 world, focusing on key developments and trends. ## **Digital transformation and contactless payments** The pandemic has accelerated the shift towards a digital world. As people looked for safer payment methods, cryptocurrencies became an attractive option. Digital wallets and contactless transactions have become the norm, with cryptocurrencies such as Bitcoin and Ethereum providing safe and efficient alternatives to physical cash. ## **Financial inclusion** Cryptocurrencies have the potential to bridge the financial inclusion gap. In regions with limited access to traditional banking, cryptocurrencies offer a lifeline. As the pandemic has highlighted the importance of financial resilience, more people have turned to cryptocurrencies to access financial services and investment opportunities. ## **Institutional acceptance** Institutional interest in cryptocurrencies has surged following the pandemic. Major financial institutions, hedge funds and corporations have begun to recognize cryptocurrencies as legitimate assets. This influx of institutional investment has strengthened the credibility and stability of the crypto market. ## **Central Bank Digital Currencies (CBDCs)** Central banks around the world have accelerated the development of CBDCs in response to the pandemic. These digital versions of national currencies use blockchain technology and can coexist with cryptocurrencies. The CBDC aims to modernize the financial system, increase transparency and facilitate government stimulus efforts. ## **Remote work and the gig economy** The pandemic has changed the dynamics of work, encouraging remote work and the gig economy. Freelancers and remote workers are increasingly relying on cryptocurrencies for cross-border payments and financial independence. The borderless nature of cryptocurrency fits well with the evolving work environment. ## **Decentralized Finance (DeFi)** DeFi platforms, built on blockchain and cryptocurrencies, have seen explosive growth. These platforms offer decentralized borrowing, lending, and trading, challenging traditional financial institutions. The economic uncertainty of the pandemic has sparked interest in DeFi as an alternative financial ecosystem. ## **Challenges and regulatory developments** The rise of cryptocurrencies has prompted regulators to take a closer look. Governments are working on frameworks to address issues related to fraud, security and taxation. Regulatory clarity is essential for the sustainable growth of the crypto space. ### **Conclusion:** In conclusion, the post-COVID-19 world has seen a surge in cryptocurrency adoption, fueled by the need for digital solutions, financial inclusion and institutional acceptance. As the digital economy continues to evolve, cryptocurrency’s role as a catalyst for change remains prominent, shaping the way we trade, invest and engage with the financial system. Adapting to these changes is the key to navigating the dynamic environment of the digital economy. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Unveiling the Future: How Cryptocurrency Fuels the Metaverse Ecosystem](https://blog.unocoin.com/unveiling-the-future-how-cryptocurrency-fuels-the-metaverse-ecosystem/) **Published:** September 4, 2023 **Author:** Unocoin Growth **Content:** ## **Rise of the Metaverse** In recent years, the concept of metaverse has captured the imagination of technology enthusiasts and visionaries alike. Metaverse, often described as a virtual universe where people can communicate, socialize, work, and play, represents the next frontier of digital connectivity. Its evolution is driven by the convergence of technologies, including virtual reality (VR), augmented reality (AR), and blockchain, with cryptocurrency emerging as a key catalyst in this transformational journey. ## **Cryptocurrency as the digital currency of the Metaverse** Cryptocurrency serves as the backbone of the metaverse, providing the digital infrastructure necessary for seamless transactions and interactions in this immersive digital realm. Unlike traditional fiat currencies, cryptocurrencies are borderless, allowing users from different corners of the world to participate in the global economy without the barriers of exchange rates or international transaction fees. ## **NFT: Unlocking Digital Property** Built on blockchain technology, non-fungible tokens (NFTs) have revolutionized the concept of ownership in the metaverse. These unique, indivisible tokens verify ownership of digital assets, from virtual real estate to game items and digital art. NFTs, which are often bought and sold using cryptocurrencies, create a sense of scarcity and authenticity, fueling demand for virtual assets. ## **Decentralized Finance (DeFi) in the Metaverse** Powered by blockchain and cryptocurrencies, DeFi protocols are reshaping the financial landscape of the metaverse. Through smart contracts and decentralized applications (dApps), users can access a wide range of financial services, including lending, borrowing, betting, and revenue management. Cryptocurrencies are the lifeblood of these DeFi platforms, allowing users to tap into the evolving financial ecosystem of the metaverse. ## **Metaverse as a marketplace** Cryptocurrency also plays a key role in the metaverse market, where virtual goods and services are bought and sold. With cryptocurrencies, users can engage in seamless peer-to-peer transactions, enabling the creation of a thriving digital economy within the metaverse. Virtual real estate, avatar customization, and even digital fashion can be purchased using cryptocurrencies, making the metaverse a dynamic marketplace powered by decentralized commerce. ## **Challenges and opportunities** While cryptocurrency is driving the growth of the metaverse, it also presents challenges related to security, scalability, and compliance. However, as technology continues to evolve, these challenges are being addressed, paving the way for a more robust and secure metaversion ecosystem. ### **Conclusion**: In conclusion, cryptocurrency is an essential component of the metaverse, serving as its digital currency, enabling digital ownership through NFTs, powering DeFi, and facilitating a vibrant digital marketplace. As the meta version continues to expand and redefine the way we interact with the digital world, the role of cryptocurrency in shaping this immersive experience cannot be understated. Together, they reveal a future where the boundaries between the physical and digital realms blur, opening new frontiers for innovation, collaboration, and human connection. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, metaverse, Unocoin --- ### [Understanding Trend Analysis and Trend Trading Strategies](https://blog.unocoin.com/understanding-trend-analysis-and-trend-trading-strategies/) **Published:** September 1, 2023 **Author:** Unocoin Growth **Content:** ## **Understanding Trend Analysis and Trend Trading Strategies** Forecasting trends in the cryptocurrency market is a challenging task due to its highly volatile and speculative nature. However, several key factors and methods can be considered for market analysis to gain insight into potential trends: 1. **Technical Analysis:** Technical analysis involves studying historical price charts and trading volume to identify patterns, trends and support/resistance levels. Traders use various indicators and chart patterns to predict future price movements. While technical analysis can provide valuable insights, it is essential to consider other factors as well. 2. **Fundamental analysis:** Fundamental analysis involves evaluating the underlying factors that could affect the value of a cryptocurrency. This includes exploring the project’s technology, team, community support, partnerships and adoption potential. Fundamentals can provide a long-term view of a cryptocurrency’s potential value. 3. **Market Sentiment:** Sentiment analysis involves measuring the overall mood and attitude of investors and traders in the market. Social media, news articles and forums can provide insight into market sentiment. Positive or negative sentiment can affect short-term price movements. 4. **Macroeconomic Factors:** Cryptocurrency markets can be affected by macroeconomic factors such as inflation, interest rates, geopolitical events and global economic trends. For example, economic instability in a certain region may lead to increased interest in cryptocurrencies as a hedge against traditional financial systems. 5. **Regulatory Developments:** Regulatory changes and announcements can significantly impact cryptocurrency markets. Positive regulatory news can lead to an increase in investor confidence, while negative news can cause uncertainty and market declines. 6. **Technological Development**: Track technological progress and updates within cryptocurrency projects. Major updates or improvements to a cryptocurrency’s technology can positively affect its value. 7. **Adoption and real-world use cases:** The level of adoption and real-world use cases of a cryptocurrency can affect its long-term value. Projects with practical applications and a growing user base are more likely to see sustained growth. 8. **Market Capitalization and Trading Volume:** Tracking the total market capitalization and trading volume of the cryptocurrency market can provide insight into overall market trends and investor interest. 9. **Whale activity**: Whales, who hold a significant % of the circulating supply of an asset, can significantly influence the market with their buying and selling decisions. Watching whale activity can provide clues to potential price movements. 10. **Diversify your information sources**: Avoid relying on one source of information. Gather insights from multiple reputable sources to build a comprehensive view of the market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, FUNDAMENTAL ANALYSIS, Market Analysis, sentiment analysis, technical analysis, Unocoin --- ### [The Dark Side of Cryptocurrencies | Exploring Crypto Crimes and Scams](https://blog.unocoin.com/the-dark-side-of-cryptocurrencies-exploring-crypto-crimes-and-scams/) **Published:** August 30, 2023 **Author:** Unocoin Growth **Content:** Crypto fraud is a persistent problem in the cryptocurrency space, taking advantage of the decentralized and pseudonymous nature of blockchain transactions. These scams take many forms and can result in significant financial losses for unsuspecting victims. ## **Some common types of crypto scams:** 1. **Ponzi schemes:** Ponzi schemes promise high returns on investment and rely on funds from new investors to pay previous investors. As the system grows, it becomes unsustainable and eventually collapses, leaving many investors with losses. 2. **Phishing Scams:** Phishing scams involve fraudulent websites or emails posing as legitimate cryptocurrency exchanges or wallets. Unsuspecting users can enter their credentials or private keys, giving fraudsters access to their funds. 3. **Fake ICOs and Token Sales:** Fraudsters create fake Initial Coin Offerings (ICOs) or token sales, asking for investment in non-existent projects or tokens. Once funded, they disappear, leaving investors with worthless tokens. 4. **Pump and Dump Schemes:** In pump and dump schemes, fraudsters artificially inflate the price of a low-value cryptocurrency by spreading positive rumors or misinformation. Once the price rises, they sell their holdings, causing the price to fall and other investors to suffer losses. 5. **Social Media Scams:** Scammers impersonate prominent personalities or influencers on social media and claim to be giving away cryptocurrencies. They ask users to send them a small amount of cryptocurrency to participate, but the promised gift never happens. 6. **Fake investment platforms:** Fraudsters create fake investment platforms that promise guaranteed returns or use trading robots to generate profits. In reality, they do not invest funds and simply steal from their victims. 7. **Malware and Ransomware Attacks:** Fraudsters use malware or ransomware to gain access to users’ cryptocurrency wallets or private keys and hold their funds hostage until a ransom is paid. 8. **Pump Groups and Insider Trading**: Some groups coordinate “pump” efforts to artificially increase the price of cryptocurrency, often using inside information or coordinating large buy orders. ## **How to protect yourself from crypto scams:** 1. **Do your research:** Always thoroughly research any cryptocurrency project, exchange, or investment opportunity before getting involved. 2. **Use trusted exchanges and wallets:** Stick to reputable cryptocurrency exchanges and wallets that have a proven track record of high security. 3. **Be skeptical of promises:** Be wary of any investment or opportunity that promises guaranteed high returns with little or no risk. 4. **Double-check URLs and emails:** Make sure you’re accessing legitimate websites and never click on suspicious links in emails. 5. **Keep your private keys safe:** Never share your private keys or wallet recovery phrases with anyone. 6. **Report Suspicious Activity:** If you come across a suspicious or fraudulent scheme, report it to the relevant authorities or the relevant platform. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, scams, Unocoin --- ### [Bitcoin Halving 2024 | Anticipating the Impact on BTC Price and Mining Rewards](https://blog.unocoin.com/bitcoin-halving-2024-anticipating-the-impact-on-btc-price-and-mining-rewards/) **Published:** August 29, 2023 **Author:** Unocoin Growth **Content:** ## **Bitcoin Halving 2024** Bitcoin halving, also known as halvening, is an event that occurs approximately every four years where the block reward for miners is halved. This reduction in the mining reward leads to a reduction in the rate at which new Bitcoins are created, making the cryptocurrency more scarce over time. The upcoming Bitcoin halving is expected to occur in 2024 and is expected to have a significant impact on the price as previous halvings have shown. 1. **Supply Halving:** The primary impact of the halving is to reduce the new supply of bitcoins entering the market. With a halving, the number of new bitcoins generated per block will be halved, which will reduce the inflation rate of the cryptocurrency. This reduction in supply is expected to put upward pressure on the price of Bitcoin as the asset becomes more scarce. 2. **Increased rarity**: Bitcoin is often referred to as “digital gold” due to its limited supply, similar to precious metals like gold. The halving further reinforces this scarcity, making Bitcoin even more attractive to investors looking for a store of value and a hedge against inflation. 3. **Supply-Demand Imbalance:** If the demand for Bitcoin remains constant or increases while the supply is halved, a supply-demand imbalance may occur, leading to higher prices. As seen in previous budgets, increased media attention and growing interest from institutional investors can drive demand during these events. 4. **Price Speculation:** Before a halving event, there is often considerable market speculation about its potential impact on the price of Bitcoin. Traders and investors may anticipate a rise in prices and start hoarding bitcoins, further increasing the price. 5. **Historical trends:** Historically, declines have been followed by significant price increases. Semiannual declines in 2012 and 2016 were followed by significant bull markets that saw the price of Bitcoin rise to new all-time highs. 6. **Market Sentiment:** Market sentiment can play a key role during the halving period. Positive news, increased adoption, and growing interest in the cryptocurrency space can fuel positive sentiment and contribute to price appreciation. 7. **Volatility:** While halvings have historically been bullish for Bitcoin’s long-term price trend, short-term volatility is to be expected. The cryptocurrency market is highly speculative and there can be significant price swings around the halving event. 8. **Other Factors**: It is essential to consider that the halving is only one of many factors affecting the price of Bitcoin. Market sentiment, macroeconomic conditions, regulatory developments, and technological advancements can also influence the price trajectory of a cryptocurrency. ### **Conclusion:** While the Bitcoin halving is expected to have a positive impact on the price, it is important to remember that the cryptocurrency market is unpredictable and price movements can be affected by many factors. Investors should approach the market with caution, conduct thorough research and have a long-term investment strategy in place. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Halving, Btc, Crypto, Unocoin --- ### [How to Buy Bitcoin Safely | Tips Before Buying Cryptocurrency](https://blog.unocoin.com/how-to-buy-bitcoin-safely-tips-before-buying-cryptocurrency/) **Published:** August 25, 2023 **Author:** Unocoin Growth **Content:** Buying bitcoins safely is essential to protect your investment and ensure a positive experience in the cryptocurrency market. Here are basic tips to help you buy bitcoins safely: 1. **Use Reputable Exchanges:** Choose well-known and reputable cryptocurrency exchanges that have a long history of safety and reliability. Before creating an account, research user reviews and check the exchange’s security measures. 2. **Enable Two-Factor Authentication (2FA):** Enable 2FA for your exchange account to add another layer of security. 2FA requires a secondary authentication method, such as a code sent to your phone, to access your account. 3. **Secure your personal wallet:** If you plan to hold bitcoins for the long term, consider using a personal hardware or software wallet. Hardware wallets such as Ledger or Trezor offer offline storage, which reduces the risk of hacking. 4. **Verify Website URLs:** Before logging in or doing any transaction, check the exchange website URL. Phishing scams can use similar-looking URLs to steal your credentials. 5. **Beware of Social Engineering:** Beware of spam messages or emails asking for your personal information or private keys. Legitimate exchanges will not require sensitive information via email or direct messages. 6. **Research the Peer-to-Peer Transaction Seller:** If you use peer-to-peer platforms or services, thoroughly research the seller. Check their reputation, transaction history, and reviews from other buyers. 7. **Use secure payment methods:** When buying bitcoins, stick to secure payment methods such as bank transfers or reputable payment processors. Avoid using unverified payment methods or sharing sensitive financial information. 8. **Avoid Public Wi-Fi:** Refrain from accessing your cryptocurrency accounts or conducting transactions on public Wi-Fi networks as they may be vulnerable to hackers. 9. **Update your software regularly:** Keep your computer, mobile devices and wallets updated with the latest security patches and software versions to avoid vulnerabilities. 10. **Beware of Scams:** Be skeptical of get-rich-quick schemes or investment opportunities that promise unrealistic returns. Always do your research to avoid scams. 11. **Start small:** If you are new to buying bitcoins, start with a small amount and familiarize yourself with the process before making larger investments. 12. **Educate Yourself:** Learn about cryptocurrency and blockchain technology to better understand the risks and benefits of investing in Bitcoin. By following these basic tips, you can significantly improve the security of your Bitcoin investment and minimize the risks associated with buying and holding cryptocurrencies. Remember that the cryptocurrency market is highly volatile and it is essential to exercise caution and make informed decisions. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin, Wallet --- ### [Top 5 Cryptocurrencies to watch in 2023 | Updated](https://blog.unocoin.com/top-5-cryptocurrencies-to-watch-in-2023-updated/) **Published:** August 24, 2023 **Author:** Unocoin Growth **Content:** In this article, we will look at the Top 5 Cryptocurrencies to watch in 2023 ## **1. Cardano (ADA): Unlocking the potential of smart contracts** Cardano (ADA) is a blockchain platform known for its scientific approach and peer-reviewed development process. Led by the IOHK (Input Output Hong Kong) team, Cardano aims to provide a secure and scalable infrastructure for the development of decentralized applications (dApps) and smart contracts. ### **Why buy ADA?** Cardano’s strong emphasis on research and academic rigor has earned it a reputation as a technologically robust blockchain. Its two-tier architecture, which separates the settlement and computation layers, increases scalability and enables frequent software updates without interruption. As the DeFi space continues to grow, Cardano opens up new opportunities for developers and investors alike. ADA’s relatively lower price during the bear market makes it an attractive option for those looking for potential upside in 2023 and beyond. ## **2. Polygon (MATIC): Powering the Ethereum Scaling Solution** Polygon (formerly Matic Network) is a Layer 2 scaling solution for Ethereum that aims to address high blockchain gas fees and slow transaction times. As a sidechain implementation, Polygon offers a more cost-effective and efficient ecosystem for dApps and DeFi projects. ### **Why buy a MATIC?** Polygon has gained significant traction within the Ethereum community due to its ability to alleviate congestion and improve scalability on the Ethereum network. Many popular DeFi projects have integrated with Polygon to take advantage of faster and cheaper transactions, increasing the utility and demand for MATIC tokens. As the adoption of blockchain technology and DeFi applications continues to grow, Polygon’s role in strengthening the Ethereum ecosystem positions it as a promising investment option. Investors looking for a project with a clear use case and growth potential in the crypto market recovery may find MATIC a strong contender. ## **3. Sandbox (SAND): Building a virtual meta version** The Sandbox is a meta-version virtual world where users can create, own, and monetize their gaming experiences and digital assets. It offers a user-friendly platform that allows creators to create interactive experiences without the need for coding knowledge. ### **Why buy SAND?** The concept of the metaverse is gaining momentum as a new frontier for gaming, social interaction, and digital ownership. Backed by influential names in the entertainment industry, the Sandbox platform has great potential to attract a wide user base. As more users and developers join The Sandbox ecosystem, demand for its native SAND token is likely to increase. Investors interested in the gaming and virtual reality sector may find SAND an exciting prospect for significant growth as the concept of the metaverse gains mainstream recognition. ## **4. Shiba Inu (SHIB): The Meme Coin with a bite** Shiba Inu (SHIB) is a meme-inspired cryptocurrency that gained popularity as an alternative to Dogecoin. With its cute Shiba Inu dog logo, SHIB has become a hit among cryptocurrency enthusiasts. ### **Why buy SHIB?** Investing in SHIB comes with higher risk due to its speculative nature and extreme price volatility. As a meme coin, SHIB’s value is driven primarily by community sentiment and social media hype rather than underlying tools or technology. While some investors may be attracted by the potential for quick profits should the meme-driven market rise further, it is important to approach SHIB with caution and carefully consider its speculative nature. As with all meme coins, it is essential to do thorough research and prudent risk management before investing. ## **5. Ripple (XRP): Navigating Regulatory Challenges** Ripple (XRP) is a digital payment protocol that aims to revolutionize cross-border transactions by providing fast and cost-effective solutions for financial institutions. Why buy XRP? Ripple’s legal battle turns out favorably for Ripple, it could lead to greater adoption of its solution, potentially increasing the value of XRP. However, the regulatory environment remains a significant factor to consider when investing in XRP. Investors should carefully monitor legal developments be cautious, and be aware of possible risks associated with regulatory uncertainties. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Ada, bitcoin, Btc, Crypto, matic, Sand, Shiba Inu, Unocoin, Xrp --- ### [Crypto Azadi Quiz Winners Announcement!](https://blog.unocoin.com/crypto-azadi-quiz-winners-announcement/) **Published:** August 21, 2023 **Author:** Unocoin Growth **Content:** Dear Unocoin Community, We’re excited to announce the grand winners of the Crypto Azadi Contest Quiz Competition organized for Independence Day 2023. 1. **ROHIT KUMAR YADAV** 2. **VISHAL RAMASWAMY** 3. **MAHESH.J** These are now the proud winners of **INR 500 worth of BTC** !!! Rewards are already on their way into your account. 🙌 **Rest of the winners who won 5000 Shiba Inu coins 👇🏻** 1. SHWETHA SHREE GIRIRAJAIAH 2. SRINIVAS MALLESA CHEDDE 3. MANISH SURESH SHUKLA 4. SANDEEP GANPAT PAGARE 5. SHUBHA G 6. NEHA SINGH 7. HARSHA NAGARAJ 8. SHAMBHAVI SONI 9. SMITA KESAVAN VISWAMBHARAN 10. SNEHASRI RESAPU 11. MAZULLA KHAN 12. AMRITHRAJ 13. ROHIT NARESH HALGE 14. GUILHERME THOMAS FERNANDES 15. LONGCHAMEREN 16. HEMA B V 17. SAMI AHMAD ABID SHAIKH 18. RAJNEESH SHARMA 19. SANJITH MUKHIA 20. RANKU KALITA 21. RAGHAVENDRA 22. NAGARAJ SANTHOSH KUMAR **Contact our support team to claim your rewards at +91-7788978910** We’re thrilled by the outstanding involvement of each one of you. We eagerly anticipate your engagement in upcoming events as well. ### **Congratulations once again to ALL of YOU! 🎉** NOTE: The last date to claim your rewards is before 31 AUGUST 2023. Regards, **Team Unocoin** support@unocoin.com +91-7788978910 **Join our Community** [TWITTER](https://twitter.com/Unocoin) [INSTAGRAM](https://www.instagram.com/unocoin/) [LINKEDIN](https://www.linkedin.com/company/unocoin/) [TELEGRAM](https://t.me/Unocoin_Group) [FACEBOOK](https://www.facebook.com/unocoin/) **Categories:** Offers and Contests **Tags:** bitcoin winners, crypto azadi contest winners, unocoin contest winners, winners Announcement --- ### [Unocoin's Proof of Reserves Audit - June 2023](https://blog.unocoin.com/unocoins-proof-of-reserves-audit-june-2023/) **Published:** July 5, 2023 **Author:** Unocoin Growth **Content:** Proof of Reserves (PoR) is a concept that ensures transparency and trust in the management of user assets by cryptocurrency exchanges. When we talk about Proof of Reserves, we specifically mean assets held in blockchain-based hot and warm wallets, and in cold storage for Unocoin users. In simple words, this means that Unocoin is providing verifiable evidence and proof that it has sufficient funds to cover all user assets 1:1. For example, when a user deposits one bitcoin into their Unocoin account, the Unocoin reserves held on behalf of its users will increase by one bitcoin, and that user would see his wallet balance going up by one bitcoin. This PoR report guarantees that all such user’s balances exist in the crypto wallets of Unocoin and that all such balances are fully covered. In general, this means that Unocoin holds all user assets at a 1:1 ratio, along with additional reserves if any, ensuring the safety and availability of user funds. This is the same as saying even if all users withdraw all their crypto and INR balances today, Unocoin has reserves to support all of them without any dependency on any third party that is liable to pay Unocoin. The contract described in the information below was performed by an independent auditing firm who in turn has used external technical expertise to verify the authenticity of claims by Unocoin. They performed the agreed procedures and arrived at the stated findings and results ensuring an objective assessment of the relevant information. - The contract for proof of reserves verification was executed in accordance with **Indian Standards for Related Services (SRS 4400)** and International Standards (ISRS 4400). - Verification of currency balances (INR) held at banks by reconciliation with Unocoin’s ledgers and records. - The audit firm obtained a detailed list of Crypto Custody service providers and wallet addresses from Unocoin through web logins to the portal of these resources, including cold storage wallets and by directly visiting publicly accessible blockchain explorers. - The audit firm compared and documented individual holdings of Unocoin virtual digital assets (VDAs) with customer holdings for each specific VDA. The findings are as per below: - The findings indicate that the total value of Customer Holdings is equivalent to INR 1,83,67,91,329 that includes VDA of approximately INR 1,76,04,24,094 as per the coinmarketcap rates and INR holdings value of INR 7,63,67,235. - In aggregate, Unocoin Holdings on behalf of their customers are greater than Unocoin’s Customer Holdings. - Each value of VDA held by Unocoin is higher than the customer’s held value of that particular VDA. - Approximately 98.85% of the BTC that Unocoin holds on behalf of its customer is in cold storage. - The total aggregated VDA in cold storage is 93.78%. The report provided is made public through this [link](https://drive.google.com/file/d/13m3Z3S5ZsE-Nwp_glBMQ8JWbvLWofLaq/view?usp=sharing). Below is the last page of the report showing the Findings and Results: [![Unocoin's Proof of Reserves](https://blog.unocoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-05-at-3.31.33-PM.png "Unocoins Proof of Reserves | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2023/07/Screenshot-2023-07-05-at-3.31.33-PM.png)Unocoins Proof of Reserves**At Unocoin, our commitment to our community remains unwavering. Transparency, security, and protection of our user’s interests are our priorities.** In our attempt to promote transparency, we are disclosing the below blockchain addresses that belong to our cold storage and these should cover more than 90% of our reserves. **Coins and address as part of audit:** BTC: 1PSh1go1ZBvULhGV4BsekEaVAAESa2fNWp ETH: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d XRP: rJ4yRC4C4SvejVC2uuNTd8zzrckGaxBZkG MATIC: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d LTC: M7wzMMiad7NpqvCM82mHt7MKP8DmNgkGB9 USDT: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d FUN: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d SHIB: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d BCH: 1QEA3Em5zB9HnLLApvtwQ6sS6BhqXCcSti BTG: AWuiZo4fDYnYWFS8dYfGVkgUMWn6n9nQdu and GWrRosYyxu5iKRmweFi7ZQEipDK13ZYuv6 FTM:0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d LINK: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d BAT: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d UNI:0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d ZIL: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d GALA: 0x6CC38B3F8cbF2b78996801D1B8D5FA441c33270d **Edit trials:** On 23rd June 2023, for BTC, replace 1PSh1go1ZBvULhGV4BsekEaVAAESa2fNWp with 1JMXdyMbi2R4EKn8DQNZEEDzZBWPmsaXSR **Categories:** Blog, Featured, News **Tags:** bitcoin, Btc, PoR, Unocoin, Wallet proof of reserve --- ### [Crypto Trading Psychology – How to Master Your Emotions](https://blog.unocoin.com/crypto-trading-psychology-how-to-master-your-emotions/) **Published:** August 21, 2023 **Author:** Unocoin Growth **Content:** ## **The Psychology of Cryptocurrency Trading: Understanding Market Emotions** Cryptocurrency trading is not just about analyzing charts and following strategies; it also involves managing emotions that can affect decision-making. Here are some key market emotions that traders need to be aware of: 1. **Fear:** Fear can lead to hesitation, causing traders to miss profitable opportunities or exit positions prematurely. It can occur during a market downturn or when prices are highly volatile. 2. **Greed:** Greed can lead to reckless trading and unnecessary risk-taking. Traders driven by greed may not set appropriate stop-loss levels, resulting in significant losses. 3. **FOMO (Fear of Missing Out):** FOMO can cause traders to enter trades impulsively without proper analysis. It often occurs when the price of a cryptocurrency is skyrocketing and traders fear losing potential profits. 4. **Panic Selling:** Panic selling can occur during a market downturn as traders fear further losses. This can lead to selling at the bottom and missing out on a potential recovery. 5. **Overconfidence:** Overconfidence can lead to ignoring potential risks and making impulsive decisions based on faith in one’s trading abilities. 6. **Confirmation bias:** Traders can develop confirmation bias, seeking information that supports their existing beliefs while rejecting conflicting data. This can lead to biased trading decisions. 7. **Revenge Trading**: After a loss, some traders may engage in revenge trading to quickly recover their losses. Emotional trading without a sound strategy can lead to further losses. 8. **Herd Mentality:** Following the crowd without doing proper research can be harmful. Traders can buy or sell based on what others are doing, leading to suboptimal decisions. ## **Managing emotions and strategies:** 1. **Have a trading plan:** Create a well-defined trading plan with clear entry and exit strategies, risk management rules, and profit targets. Stick to your plan to avoid making emotional decisions. 2. **Use Stop-Loss orders:** Set stop-loss levels to limit potential losses. This helps prevent emotions from taking over during volatile market movements. 3. **Exercise patience:** Avoid rushing into stores out of fear or FOMO. Wait for suitable setups and opportunities based on your strategy. 4. **Stay informed:** Stay informed about market trends and news, but don’t let emotions dictate trading decisions. 5. **Exposure limit:** Avoid investing more than you can afford to lose. Proper risk management is essential to prevent emotional distress from significant losses. 6. **Take breaks:** If emotions are running high, take a break from trading. Emotions can cloud judgment, leading to impulsive and irrational decisions. ### **Conclusion:** Managing your emotions is a critical aspect of successful cryptocurrency trading. Traders must recognize and control emotions such as fear, greed, and FOMO in order to make rational decisions based on their trading plan and strategy. Staying disciplined, informed and using the right risk management techniques can lead to more consistent and profitable trading results. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, dyor, fear, fomo, greed, Investment, Trading, Unocoin --- ### [Cryptocurrency Regulations: Guide on Cryptocurrency Regulations for Investors and Businesses](https://blog.unocoin.com/cryptocurrency-regulations-guide-on-cryptocurrency-regulations-for-investors-and-businesses/) **Published:** August 17, 2023 **Author:** Unocoin Growth **Content:** ## **Cryptocurrency Regulations: Navigating the Legal Landscape** Cryptocurrency regulations vary widely from country to country, with each jurisdiction adopting its own approach to addressing the challenges and opportunities presented by digital currencies. Here’s a guide to understanding the key aspects of cryptocurrency regulation: 1. **Legal clarity:** Many countries are in the process of creating clear guidelines for the use and trading of cryptocurrencies. Regulatory clarity helps businesses and investors understand their legal obligations and reduces market uncertainty. 2. **Licensing and Registration:** Some countries require cryptocurrency exchanges and businesses to obtain licenses or register with regulatory authorities. Compliance with these requirements is necessary to legally operate within the jurisdiction. 3. **Anti-Money Laundering (AML) and Know Your Customer (KYC):** AML and KYC regulations are often applied to cryptocurrency businesses to prevent illegal activities and ensure transparency of financial transactions. 4. **Taxation:** Cryptocurrency transactions are subject to taxation in many countries. Tax regulations may vary depending on the type of transaction (buy, sell, trade) and holding period. 5. **Investor Protection:** Some countries have implemented regulations to protect cryptocurrency investors from fraudulent schemes and scams. These regulations may include restrictions on initial coin offerings (ICOs) and increased disclosure requirements for investment projects. 6. **Classification of tokens:** Different countries categorize tokens differently based on their characteristics. Certain tokens may be classified as securities and subject to additional regulatory requirements. 7. **Cross-Border Transactions:** Cryptocurrency regulations can be complex when it comes to cross-border transactions. International cooperation and harmonization of regulations are essential to facilitate global cryptocurrency transactions. 8. **Central Bank Digital Currencies (CBDCs):** Several countries are exploring the development of CBDCs as official digital representations of their national currencies. CBDCs have implications for monetary policy and financial stability. 9. **Innovation sandboxes:** Some countries have introduced regulatory sandboxes that allow fintech and cryptocurrency startups to experiment with new technologies and business models in a controlled environment. 10. **Global Regulatory Trends**: International bodies such as the Financial Action Task Force (FATF) are working on global regulatory standards for cryptocurrencies to address the risks of money laundering and terrorist financing. ### **Conclusion:** Cryptocurrency regulations are constantly evolving as governments and regulators adapt to the rapidly changing digital landscape. Understanding the legal framework in your country or region is essential for individuals, businesses, and investors involved in cryptocurrency activities. Compliance not only ensures legal operations, but also contributes to a more stable and sustainable cryptocurrency ecosystem. As the technology matures, regulatory efforts will likely continue to shape the future of cryptocurrency and blockchain technology on a global scale. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Legal, Unocoin --- ### [Blockchain Technology: Applications Beyond Cryptocurrency](https://blog.unocoin.com/blockchain-technology-applications-beyond-cryptocurrency/) **Published:** August 17, 2023 **Author:** Unocoin Growth **Content:** ## **Blockchain Technology: Beyond Cryptos, a revolutionary application** Blockchain technology, initially popularized by cryptocurrencies, has evolved to offer a wide range of transformative applications beyond digital currencies. Its decentralized, immutable and transparent nature presents a number of opportunities in various industries. Here are some groundbreaking applications of blockchain technology: **Supply Chain Management:** Blockchain enables end-to-end traceability of goods and increases supply chain transparency. It helps prevent counterfeiting, ensures product authenticity and reduces logistics delays by providing real-time tracking. 1. **Decentralized Finance (DeFi):** DeFi platforms use blockchain to provide financial services without intermediaries. Smart contracts automate borrowing, lending and revenue management, supporting a more accessible and inclusive financial ecosystem. 2. **Healthcare and medical records:** Blockchain securely stores patients’ medical records, giving patients control over their data while ensuring interoperability between healthcare providers. This increases data security and streamlines medical processes. 3. **Voting and Administration:** Blockchain-based voting systems increase election transparency, eliminate voter fraud, and provide verifiable results. In addition, decentralized governance mechanisms allow stakeholders to participate in decision-making processes. 4. **Intellectual Property Management:** Blockchain establishes proof of ownership and copyright to digital content, prevents unauthorized use and ensures fair compensation for creators. 5. **Supply Chain Finance:** Blockchain facilitates trade finance by providing secure and transparent documentation, mitigating risks for financiers and enabling faster and cheaper cross-border transactions. 6. **Energy trading and management:** Blockchain enables peer-to-peer energy trading, allowing individuals and organizations to directly buy and sell excess renewable energy, promoting sustainability and efficiency. 7. **Real Estate Transactions:** Blockchain streamlines real estate transactions, reduces paperwork and increases transparency, ensuring safe and efficient real estate transfers. 8. **Digital Identity:** Blockchain-based digital identity solutions offer sovereign identity and give individuals control over their personal data, leading to better privacy and reduced risk of identity theft. 9. **Games and NFTs:** Non-fungible tokens (NFTs) on the blockchain enable ownership and provenance of digital assets in games, art and collectibles, creating new opportunities for creators and collectors. ### **Conclusion**: The potential of blockchain technology extends far beyond cryptocurrencies. Its immutable and decentralized nature finds application in supply chain management, finance, healthcare, governance, energy and more. As technology continues to mature, we can expect more innovations and solutions to revolutionize traditional industries and pave the way for a more secure, transparent and efficient future. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, blockchain, Btc, Crypto, Defi, Nft, supplychain, Unocoin --- ### [Altcoin Explained: Pros and Cons, Types, and Future](https://blog.unocoin.com/altcoin-explained-pros-and-cons-types-and-future/) **Published:** August 16, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Altcoins refer to any cryptocurrency other than Bitcoin. As the cryptocurrency market expands, investors are faced with the decision to diversify their portfolio with altcoins or stick with Bitcoin. Here are the pros and cons of diversifying with altcoins: ## **The benefits of diversifying with altcoins:** **Potential for higher returns:** Some altcoins have shown significant growth, surpassing Bitcoin in terms of percentage gains. Diversification allows you to capture potential high returns from emerging projects. **Innovation and use cases:** Altcoins often introduce innovative technologies and use cases such as smart contracts and decentralized applications (DApps) that contribute to the development of the overall blockchain ecosystem. **Access to specific industries:** Altcoins can focus on specific industries, such as supply chain management, healthcare, or gaming, offering investors exposure to fringe sectors with promising growth potential. **Portfolio Hedging:** Diversification can act as a hedge against the volatility of the Bitcoin market. If Bitcoin experiences a downturn, altcoins with different price movements can stabilize the overall portfolio. ## **Disadvantages of diversifying with altcoins:** **Higher Risk and Volatility:** Altcoins, especially those with lower market capitalizations, can be highly volatile and subject to significant price swings. Some projects may fail, resulting in a loss of investment. **Lack of Liquidity:** Smaller altcoins can suffer from low liquidity, making it difficult to enter or exit positions without significant price fluctuations. **Market saturation:** The sheer number of altcoins can lead to market saturation, with many projects lacking unique value propositions or utility, making it difficult to discern true innovation. **Scams and Scams:** The unregulated nature of the cryptocurrency market exposes investors to potential scams and fraudulent projects that require thorough research before investing. ### **Conclusion:** Diversification with altcoins offers the potential for higher returns, innovation, and exposure to specific industries, acting as a hedge against Bitcoin’s volatility. However, it comes with higher risk, lower liquidity, market saturation, and vulnerability to fraud. Investors must carefully consider their risk appetite, perform due diligence and take a balanced approach when incorporating altcoins into their investment strategy. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Altcoins, bitcoin, Btc, Crypto, Unocoin --- ### [Independence Day Contest Quiz Terms & Conditions | Unocoin](https://blog.unocoin.com/independence-day-quiz-terms-conditions-unocoin/) **Published:** August 1, 2023 **Author:** Unocoin Growth **Content:** # **“Independence Day” Quiz Terms & Conditions** To be a part of our Independence Day contest please follow our terms & conditions. - Users need to complete their KYC on Unocoin to be eligible to claim the contest rewards. - Users have to provide their Unocoin registered mobile number to enter and qualify for the quiz. Multiple entries will be disqualified. - In total 77 lucky winners will be selected at random and announced by August 18, 2022. Rewards will be distributed further. - **Only 3 lucky winners will be rewarded with Rs. 500 worth of Bitcoin in our Independence Day contest.** - 74 users will be rewarded with 5000 Shiba Inu coins. - Rewards will be given in the form of coupon codes which can only be redeemed from the Unocoin coupon section. - Unocoin shall have the sole right and discretion to decide and declare the winners. The user hereby waives all rights to dispute any decision of Unocoin in this regard and Unocoin does not undertake any liability, responsibility or guarantee towards any user. - Unocoin holds all rights to revoke the reward or any rights therein in case of any fraud, breach of network security, misrepresentation, negligence, breach of applicable law or terms herein by any user. - The results will be announced on [Unocoin’s Twitter](https://twitter.com/Unocoin) Channel Regards, **Team Unocoin** **Join our Community** **Categories:** Offers and Contests **Tags:** bitcoin, contest, Earn Free Bitcoin, Independence day contest, Shiba Inu, Unocoin Contest --- ### [Safeguarding Your Cryptos: A Comprehensive Guide to Securing Your Digital Assets](https://blog.unocoin.com/safeguarding-your-cryptos-a-comprehensive-guide-to-securing-your-digital-assets/) **Published:** August 11, 2023 **Author:** Unocoin Growth **Content:** ## **An Introduction to Cryptocurrency Wallets: Protecting Your Assets** Cryptocurrency wallets are essential tools for securely storing, managing and accessing your digital assets. Unlike traditional wallets that hold physical cash and cards, cryptocurrency wallets store private keys that are necessary to access and control your cryptocurrencies on the blockchain. Understanding the different types of wallets and their security features is essential to keeping your valuable assets safe in the fast-paced and ever-evolving world of cryptocurrencies. ## **Types of Cryptocurrency Wallets** ### **Hardware Wallets:** Hardware wallets are physical devices specifically designed to store your private keys offline. They provide an additional layer of security by isolating keys from internet-connected devices, reducing the risk of hacking and malware attacks. Popular hardware wallets include Ledger and Trezor. Users can access their resources when needed by connecting the device to a computer or mobile device. ### **Software Wallets (Desktop/Mobile):** Software wallets come in the form of apps that can be installed on desktop computers or mobile devices. They offer convenience and ease of access but can be more susceptible to security breaches if the device is compromised. Examples of software wallets include Exodus (desktop) and Trust Wallet (mobile). ### **Web Wallets:** Web wallets operate on web platforms and are accessible through internet browsers. They provide convenient access to your funds from anywhere but can carry higher security risks because they store your private keys on remote servers. For added security, it is important to choose reputable web wallet providers and enable two-factor authentication. ### **Paper Wallets:** Paper wallets are physical documents that contain printed QR codes or private keys that allow you to store your cryptocurrencies offline. They are immune to hacking but are susceptible to physical damage or loss if not stored properly. ## **Safety Precautions and Best Practices** ### **Strong passwords:** Always use strong and unique passwords for your wallets that consist of a combination of upper and lower case letters, numbers and special characters. ### **Two-Factor Authentication (2FA):** Enable 2FA whenever possible to add an extra layer of security. This requires a second verification method, such as a one-time code sent to your phone, to access your wallet. ### **Back up your wallet:** Regularly back up your wallet’s private keys or seed phrases to an offline device or physical paper to protect against data loss or hardware failure. ### **Keep your software updated:** Make sure your wallet software and operating system are up-to-date to benefit from the latest security patches and improvements. ### **Beware of Phishing:** Beware of phishing attempts, where malicious actors try to trick you into revealing your private keys or passwords. Always verify the legitimacy of websites and links before entering sensitive information. ## **Diversification and Risk Managemen** To further secure your assets, consider diversifying your cryptocurrency holdings into multiple wallets. For significant amounts of cryptocurrencies, prefer hardware wallets or offline solutions for maximum security. Additionally, allocate only a portion of your holdings to hot wallets (online wallets) for daily transactions, keeping the majority in cold storage for long-term security. ### **Conclusion** Cryptocurrency wallets are indispensable tools for anyone navigating the world of digital assets. By understanding the different types of wallets and implementing robust security measures, you can protect your assets and enjoy the benefits of owning and managing cryptocurrencies with confidence. Be sure to stay up-to-date on the latest security practices and keep up-to-date with developments in the field to ensure the long-term safety of your valuable cryptocurrencies. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Hardware Wallet, hot wallets, Unocoin, wallets --- ### [Stablecoins: The Perfect Balance between Digital Assets and Fiat Money](https://blog.unocoin.com/stablecoins-the-perfect-balance-between-digital-assets-and-fiat-money/) **Published:** August 9, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction to Stablecoins: Bridging the Gap between Fiat and Digital** Stablecoins are a unique category of cryptocurrencies designed to address the volatility issues inherent in traditional cryptocurrencies such as Bitcoin and Ethereum. Unlike these highly volatile digital assets, stablecoins seek to maintain a stable value by tying their price to fiat currency or other tangible assets. This stability makes stablecoins an attractive tool for bridging the gap between the traditional financial system and the digital economy. In this explanation, we will explore the key features, types and use cases of stablecoins as a fiat-digital bridge. ## **Mechanism of Stability** The primary mechanism that provides stability for stablecoins is pegged to an underlying reserve or asset. Most stablecoins are divided into three types based on their fixing mechanism: ### **Fiat-Collateralized Stablecoins:** These stablecoins are backed by a reserve of fiat currency, such as the US dollar or euro, held at a depository bank. Each stablecoin issued represents a certain amount of reserve currency and provides a 1:1 peg. For example, a fiat-backed stablecoin might have $1 in reserve for every stablecoin in circulation. ### **Crypto-Collateralized Stablecoins:** In this type, stablecoins are backed by a reserve of other cryptocurrencies such as Ether or Bitcoin. Smart contracts govern the issuance and redemption of stablecoins based on the value of the underlying collateral. This mechanism introduces higher complexity but provides exposure to the benefits of blockchain technology. ### **Algorithmic Stablecoins:** These stablecoins rely on algorithms to maintain price stability without the need for collateral. The supply of algorithmic stablecoins is adjusted based on market demand and supply dynamics to stabilize the price. This approach can be more speculative due to its reliance on algorithms and market forces. ## **Use Cases and Benefits** Stablecoins offer a number of use cases and benefits, making them an essential bridge between fiat and the digital realm: ### **Remittances and cross-border payments:** Stablecoins enable efficient and cheap cross-border transactions compared to traditional transfer methods. Users can send and receive funds internationally without being exposed to the volatility associated with cryptocurrencies. ### **Decentralized Finance (DeFi):** Stablecoins play a key role in the DeFi ecosystem, serving as the primary medium of exchange and collateral for lending and borrowing protocols. DeFi platforms use stablecoins to create a stable and reliable financial infrastructure within the decentralized space. ### **Hedging against volatility:** Traders and investors use stablecoins as a hedge against market volatility. In times of uncertainty or market downturns, they can park their funds in stablecoins to preserve value and re-enter the market when conditions are more favorable. ### **E-commerce and micropayments:** Stablecoins facilitate seamless and fast transactions in online marketplaces and for microtransactions. Due to their stability and low transaction fees, they are ideal for digital payments. ## **Regulatory and Trust Matters** Despite the benefits of stablecoins, there are regulatory and trust concerns. Fiat-backed stablecoins may require strict regulatory compliance due to their direct link to the traditional financial system. In addition, stablecoin support should be subject to regular audits to ensure full reserve transparency and peg stability. ### **Conclusion** Stablecoins serve as a vital bridge between the fiat-based financial system and the rapidly evolving digital economy. By providing price stability and offering a variety of use cases, stablecoins have gained significant adoption in remittances, DeFi, e-commerce and more. However, compliance, transparency and a robust reserve mechanism are essential factors to ensure the long-term success and credibility of stablecoins as a fiat-digital bridge. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Stable Coin, Unocoin --- ### [Unocoin Elite Club | Elevating Your Crypto Journey to New Heights](https://blog.unocoin.com/unocoin-elite-club-elevating-your-crypto-journey-to-new-heights/) **Published:** August 7, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** In the ever-evolving world of cryptocurrencies, Unocoin stands out as a pioneer in providing exceptional services and solutions. As a testament to their commitment to customer satisfaction, Unocoin introduced the Elite Club, an exclusive club carefully crafted to meet the unique needs and preferences of their most dedicated users. This article dives into the comprehensive benefits of the Unocoin Elite Club, which is designed to offer a higher level of service that goes beyond the ordinary. ## **Priority Support: Quick solutions at your fingertips :** As a member of the Unocoin Elite Club, you gain access to an unrivaled level of customer support. We understand that your time and concerns are valuable, which is why our dedicated team of experts provides fast and round-the-clock support. Whether you have a question, need help with a transaction, or need technical assistance, rest assured that your concerns will be addressed immediately. Our Elite Club members receive top priority, ensuring you get the best support when you need it most. ## **Enhanced Security: Protecting Your Digital Assets:** At Unocoin, we understand the importance of protecting your digital assets. As an Elite Club member, you gain access to enhanced security features to enhance your peace of mind. Our advanced verification capabilities and additional layers of protection ensure that your cryptocurrency holdings remain safe. We are committed to staying ahead of evolving security threats and constantly updating our systems to offer you the highest level of protection. ## **Exclusive offers: Privileged benefits for Elite Club members :** Get ready to be delighted with exclusive offers and events tailored especially for Elite Club members. Unocoin believes in rewarding your loyalty and dedication. As an elite Club member, you can enjoy discounted trading fees, giving you a competitive edge in the cryptocurrency market. In addition, you get early access to new features, allowing you to explore cutting-edge features before the mainstream user base is available. These exclusive benefits are designed to enhance your trading experience and help you maximize your returns. ## **Personalized help: Tailored advice every step of the way :** At Unocoin, we understand that your cryptocurrency journey is unique. As an Elite Club member, you get personalized help from a dedicated account manager who is committed to understanding your individual needs and goals. Your account manager will provide you with tailored recommendations, expert insights and proactive assistance to help you make the most informed decisions. Whether you are an experienced trader or just starting out, our personalized advice will ensure you have the support you need to navigate the cryptocurrency landscape with confidence. ## **Elite Club events and networking: Connecting with experts in the field** Membership in the Unocoin Elite Club Program gives you exclusive access to invite-only events, workshops and networking opportunities. These events bring together like-minded individuals, industry experts and thought leaders in cryptocurrency. By attending these meetings, you can expand your knowledge, exchange ideas and stay at the forefront of the latest trends and developments. Networking with other Elites and industry professionals can open doors to new opportunities, collaborations and insights that will further enrich your cryptocurrency journey. ### **Conclusion:** Unocoin’s Elite Club program offers a comprehensive range of benefits designed to enhance your cryptocurrency experience. From priority support and enhanced security to exclusive offers, personalized assistance and networking opportunities, the Unocoin Elite Club Program sets a new standard for customer care and engagement. By joining this exclusive club, you unlock a number of privileges and benefits that can significantly improve your business journey. Don’t miss out on this exceptional opportunity to take your cryptocurrency pursuits to new heights with the Unocoin Elite Club program. **Categories:** Blog, Featured **Tags:** bitcoin, Btc, club, Crypto, elite, elite club, programme, Unocoin, vip --- ### [Bitcoin vs. Ethereum: Which Is the Better Buy?](https://blog.unocoin.com/bitcoin-vs-ethereum-which-is-the-better-buy/) **Published:** August 7, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction: Bitcoin Vs. Ethereum – The Battle Unraveled** Bitcoin and Ethereum are two of the most prominent cryptocurrencies on the market, each with its own unique characteristics and use cases. Although both are decentralized digital currencies, they serve different purposes and have distinct characteristics that set them apart. In this comparison, we’ll delve into the fundamental differences and strengths of Bitcoin and Ethereum, and shed light on their respective roles in the evolving world of blockchain and cryptocurrency. ## **Purpose and Use Cases** Bitcoin, created by an anonymous entity known as Satoshi Nakamoto, was the first cryptocurrency and was primarily designed as a peer-to-peer electronic cash system. Its main purpose is to enable secure and censorship-resistant digital transactions, making it a store of value and a potential hedge against inflation, similar to digital gold. Bitcoin’s limited supply limit of 21 million coins contributes to its reputation as a deflationary asset that appeals to long-term investors and sound money advocates. Ethereum, on the other hand, was designed by Vitalik Buterin and launched in 2015. Unlike Bitcoin, Ethereum’s primary function is not just a digital currency. Instead, it serves as a decentralized platform for building smart contracts and decentralized applications (DApps). Smart contracts are self-executing agreements with predefined terms that allow developers to build a wide variety of applications on the Ethereum blockchain, including decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and more. ## **Technology and Development** Bitcoin and Ethereum differ significantly in their underlying technologies. Bitcoin uses a simple scripting language that limits its use primarily to the transfer and storage of value. Its focus on security and robustness contributes to its position as a reliable store of value. In contrast, Ethereum Solidity’s advanced scripting language allows developers to create complex smart contracts and DApps, making it a more versatile and programmable platform. However, this complexity can also present potential security vulnerabilities, as seen in various high-profile hacks targeting Ethereum-based projects. ## **Scalability and Transaction Speed** Scalability has been a challenge for both Bitcoin and Ethereum. Bitcoin’s block size limit and the time it takes to process a new block (approximately 10 minutes) result in limited transaction throughput, leading to higher fees during periods of network congestion. Ethereum also faces scalability issues, especially at a time of high demand for DApps and DeFi platforms. Ethereum’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism through Ethereum 2.0 aims to address these challenges and improve scalability, potentially reducing transaction fees and increasing transaction throughput. ## **Community and Acceptance** Bitcoin has the status of the first cryptocurrency and has a massive and dedicated community of users and investors. It is widely recognized as a digital asset with a significant market capitalization, often considered “digital gold” and a hedge against economic uncertainties. The Ethereum community, on the other hand, focuses more on blockchain development and ecosystem support for DApps and DeFi projects. Its versatility and potential for innovation have led to significant adoption in the decentralized finance space, propelling Ethereum to become a major platform for building decentralized applications. ### **Conclusion** In conclusion, Bitcoin and Ethereum are two giants in the cryptocurrency world, each with their own unique strengths and purposes. Bitcoin remains the pioneer and dominant digital currency, valued for its scarcity and store-of-value attributes. On the other hand, Ethereum’s programmability and smart contract capabilities have opened up a realm of possibilities and fueled the growth of decentralized applications and the broader DeFi movement. As the blockchain and cryptocurrency space continues to evolve, both Bitcoin and Ethereum are likely to play a vital role in shaping the future of finance and technology in their own distinct ways. **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Eth, Ether, Ethereum, Unocoin --- ### [What is Ripple: Overview, history and XRP cryptocurrency](https://blog.unocoin.com/what-is-ripple-overview-history-and-xrp-cryptocurrency/) **Published:** August 2, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction to XRP: Ripple’s revolutionary cryptocurrency** XRP is a digital currency created by Ripple, a fintech company based in San Francisco, with the aim of revolutionizing the global financial system. Unlike traditional cryptocurrencies such as Bitcoin and Ethereum, XRP serves as a bridge currency for cross-border payments, enabling seamless and fast transactions between different fiat currencies. With its innovative features and growing adoption, XRP has the potential to change the way we transfer value around the world. ## **Speed ​​and Efficiency** One of XRP’s main strengths lies in its unmatched speed and efficiency in processing transactions. Traditional cross-border bank transfers often take several days due to intermediary banks and their corresponding delays. However, XRP boasts an average transaction time of 4 seconds, significantly reducing settlement times and eliminating the need for multiple intermediaries. For example, a business owner in the US who wants to pay a supplier in Japan can use XRP to make a near-instant transaction, avoiding the hassle of long delays and potential currency fluctuations. ## **Cost Effectiveness** XRP also excels in its cost efficiency compared to traditional international payment methods. There are usually hefty fees associated with sending money across borders through banks, which can eat up the transferred funds. On the other hand, XRP transactions have very low transaction fees, making them an attractive option for both individuals and businesses. For example, a remittance service provider using XRP can offer cheaper transfer fees to migrant workers who want to send money back home, benefiting both the service provider and the recipients. ## **Decentralization and the consensus algorithm** While XRP is often associated with Ripple, it is important to note that XRP operates on a decentralized network. The Ripple network uses a unique consensus algorithm called the XRP Ledger, which requires verification from a set of trusted nodes before a transaction is confirmed. This mechanism ensures that the system remains secure, transparent and resistant to censorship. As a result, XRP offers a reliable and decentralized payment infrastructure. ## **Mainstream Adoption** XRP’s potential for mainstream adoption has led to partnerships with various financial institutions and payment providers. Ripple’s partnerships with major banks such as Santander and American Express have facilitated testing and real-world use cases of XRP in cross-border payments. This collaboration indicates growing confidence in XRP’s ability to transform the traditional financial system. ### **Conclusion** In short, XRP is a revolutionary cryptocurrency that challenges conventional cross-border payment methods. With its unmatched speed, cost-effectiveness, decentralization and growing mainstream adoption, XRP has the potential to drive significant change in the global financial landscape and support a more efficient, secure and connected world of finance. However, as with any evolving technology, it is essential to closely monitor XRP’s progress and regulatory developments to understand its full impact on the financial ecosystem. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Ripple, unocopin, Xrp --- ### [Ethereum Classic Price Prediction 2022](https://blog.unocoin.com/ethereum-classic-price-prediction-2022/) **Published:** April 29, 2022 **Author:** Unocoin Growth **Content:** **About The Ethereum Classic** Ethereum Classic (ETC) is a crypto asset that follows the original Ethereum blockchain and is created due to the DAO hard fork. The Ethereum Classic project provides an immutable, unhackable, and decentralised platform for smart contracts. The Ethereum Classic project is a decentralised platform that runs smart contracts on a blockchain, allowing users to run decentralised applications or dApps. The price of Ethereum Classic will hit $**54.62** by the end of 2022 and $60.80 by mid-2023,[ according to CoinPrice Forecast](https://coinpriceforecast.com/ethereum-classic-forecast-2020-2025-2030). Moreover, the mid-year price for 2025 is predicted to be $73.14. According to research, the crypto asset will hit $116 in a year and $291 in five years. [According to Gov. capital](https://gov.capital/crypto/ethereum-classic/), the price of Ethereum Classic is expected to rise in one year to **$68.4.** That being the case, it might be a great time to purchase ETC because of the low prices. Ethereum price prediction is something that attracts most investors. It’s the fact that Ethereum’s classic future will be something that will catch the eyes in the future. **About Us** [Unocoin](https://unocoin.sng.link/Awg8j/v26o?_dl=unocoin%3A%2F%2F&_smtype=3) is India’s first and the most secure bitcoin and other cryptocurrency trading and exchange platform. It 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 seventy coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can choose what cryptocurrency works best with the price ticker and notifications. The new android application makes Unocoin the best cryptocurrency app. The most popular cryptocurrencies like Bitcoin (BTC), Ethereum (Ether or ETH), Dogecoin (DOGE), Shiba INU, Ripple, Aave, 1inch, BUSD, USDT (tether) and other popular altcoins can be traded on the go. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and ethereum periodically. You can choose the frequency as either daily or weekly, or monthly. What more? You can start your crypto journey using SBP as small as INR 10. With another exciting feature of Crypto Basket, you can diversify your crypto portfolio based on market capitalization( Market Cap) or volume. These two excellent features make Unocoin the best cryptocurrency platform. **Ethereum Classic Origin** Ethereum Classic was created by a hard fork of the Ethereum blockchain in 2016. It’s an open-source, public blockchain applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. Ethereum Classic’s Future is about building decentralised applications and companies on top of this technology. The resulting system is more democratic, reliable, and transparent than its predecessors. **Ethereum Classic vs Ethereum** Ethereum Classic is a hard fork of Ethereum that occurred in July 2016. It is an alternative to the original Ethereum blockchain and aims to stick with the original code of Ethereum. Some significant differences between these two are: - ETC has a different mining algorithm which makes it more decentralised and energy-efficient than ETH. - ETC also has no pre-mine, founders, or ICOs like ETH. - Ethereum Classic is a platform created after the Ethereum Foundation and many other developers of the original Ethereum software decided to leave Ethereum in 2016. It’s worth remembering that the hard fork was highly controversial and debated when separating the two. It was the only option for many people to preserve Ethereum’s reputation. On the other hand, others saw it as a betrayal of what blockchain technology was meant to accomplish: stop things from being manipulated based on a human whim. **Ethereum Classic Price History** Ethereum Classic is a digital asset that was created in 2016. It has been the subject of some controversy since Ethereum had been hard forked into two separate blockchains, resulting in Ethereum and Ethereum Classic. On July 20th, 2016, an unknown person or group of people using the name “The Shadow Brokers” published what they claimed were hacking tools used by NSA, which led to Bitcoin being downgraded from its position as the number one crypto asset on CoinMarketCap. This event led to a sharp drop in the price of ETH and also caused it to be devalued significantly. After this incident, many investors turned their attention towards ETC, which resulted in a significant increase in its value. **Ethereum Classic price prediction 2022** Most people have this question: Is Ethereum Classic a good investment? Ethereum Classic is one of the leading crypto assets in the market. This crypto asset has experienced a lot of ups and downs since its launch, but it always manages to recover after every crash and emerge stronger than before. With a market cap of **$5,156,177,316,** this coin has shown tremendous potential and has beaten other coins like Bitcoin Cash which were launched at around the same time **Ethereum Classic (ETC) technical analysis** Ethereum Classic (ETC) has been a top performer in the market. It had a significant price spike on May 6th, 2021, when it increased by 39% in just one day. It rose and reached its highest level of $134. Ethereum Classic price predictions and Ethereum Classic price chart are good ways to look for a good investment vehicle. The market is currently in the bearish phase, which isn’t conducive for an investment of any kind at this stage. But Ethereum Classic is making a comeback with its price rising steadily from one day to another and gaining more ground from other crypto asset coins such as Litecoin. **FAQs** 1\) Should I invest in Ethereum Classic? Is Ethereum Classic a good investment? - Yes, it’s an excellent investment. - It has much potential. - It’s not as popular as Ethereum, but it is growing in popularity. - In gist, Ethereum Classic Future is bright. Try to do the research and invest if you are convinced. Click here to find out more [— https://www.unocoin.com/in.](https://unocoin.sng.link/Awg8j/v26o?_dl=unocoin%3A%2F%2F&_smtype=3) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog **Tags:** Ethereum Classic, ethereum classic price, ethereum price prediction --- ### [Celebrating Ethereum's 8th Birthday: A Journey of Innovation and Growth](https://blog.unocoin.com/celebrating-ethereums-8th-birthday-a-journey-of-innovation-and-growth/) **Published:** July 31, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction** Happy 8th Birthday, Ethereum! 🎉 It’s time to celebrate the incredible journey of this groundbreaking blockchain platform that has changed the world of decentralized applications and smart contracts. From its humble beginnings to becoming the backbone of the decentralized finance (DeFi) revolution, Ethereum’s progress over the years has been truly remarkable. ## **Genesis of Ethereum** The story of Ethereum begins in late 2013 when a brilliant young mind named Vitalik Buterin envisioned a decentralized platform that would go beyond the limited scripting language of Bitcoin. Vitalik, along with a group of co-founders including Gavin Wood and Joseph Lubin, began working on the idea in early 2014. Their vision was to create a programmable blockchain capable of executing smart contracts, allowing developers to build decentralized applications on top of it. ## **Ethereum launch (July 30, 2015)** After months of intensive development and community support, the Ethereum genesis block was mined on July 30, 2015. It marked the birth of a new era in blockchain technology that provided endless possibilities for developers. The platform’s native cryptocurrency, Ether (ETH), was also introduced as a means of incentivizing network participants. ## **The early years** In its early years, Ethereum faced several challenges, including a high-profile hacking incident that led to the infamous Decentralized Autonomous Organization (DAO) attack in 2016 and recover lost funds, which led to the birth of Ethereum Classic (ETC). ## **Ethereum’s rise to prominence** As the platform matured, its ecosystem expanded exponentially. Developers flocked to Ethereum, realizing its potential to revolutionize various industries. Initial Coin Offerings (ICOs) have become a major trend that allows startups to raise funds by issuing their tokens on the Ethereum blockchain. This has led to rapid growth in the crypto space but has also brought challenges such as scalability and high gas fees. ## **Ethereum 2.0 and beyond** To address these challenges and ensure the scalability and security of the platform in the long term, Ethereum focused on Ethereum 2.0. The upgrade aims to move from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism, increase network efficiency and reduce energy consumption. Ethereum 2.0 deployment began in late 2020 and is being rolled out in phases, cementing the future of the platform. ## **The DeFi revolution** One of Ethereum’s most notable achievements is its role in catalyzing the DeFi movement. DeFi applications have transformed traditional financial services, providing users with decentralized lending, borrowing, revenue management, and more. On its 8th birthday, the total value locked in DeFi protocols on Ethereum reached billions of dollars, indicating the widespread adoption and growth of the sector. ## **The Future of Ethereum** Looking ahead, Ethereum is positioned to be a fundamental force in the future of technology and finance. With the full implementation of Ethereum 2.0, the scalability of the platform will improve and accommodate even more users and applications. This will further accelerate the growth of DeFi, NFT (non-functional tokens) and other innovative use cases. Ethereum has undergone numerous upgrades in this timeline, with the most notable upgrade, “The Merge”, has gone live in September 2022, when its network transitioned from a Proof-of-Work (PoW) blockchain to a Proof-of-Stake (PoS) blockchain completion. ### **Conclusion** As Ethereum turns eight, we celebrate the incredible journey it has taken since its inception. From its visionary beginnings with Vitalik Buterin to becoming a powerhouse of decentralized applications, Ethereum has revolutionized blockchain. As we look forward to the full deployment of Ethereum 2.0 and beyond, let’s raise our virtual glasses to congratulate this extraordinary platform and its vibrant community for their dedication and continued progress. Happy Birthday, Ethereum! Here’s to many more years of innovation, wonder, and success! 🥳🌟 **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Eth, Ether, Ethereum, Unocoin --- ### [An overview on smart contracts | Evolution and development](https://blog.unocoin.com/an-overview-on-smart-contracts-evolution-and-development/) **Published:** July 24, 2023 **Author:** Unocoin Growth **Content:** Smart contract technology has undergone significant development since its inception, changing the way agreements and transactions are carried out on blockchain networks. Originally proposed by Nick Szabo in the 1990s, smart contracts are self-executing contracts with the terms of the contract written directly into the code. When blockchain platforms such as Ethereum emerged, they provided the necessary infrastructure to enable these contracts to be implemented. The evolution of smart contracts can be divided into three key phases: ## **First generation: Basic functions** The first generation of smart contracts focused mainly on simple functions such as transferring digital assets and meeting basic conditions. Bitcoin, a pioneering cryptocurrency, enabled basic scripting functions that enabled conditional transactions. However, these scripts were limited in scope and lacked the flexibility needed for more complex agreements. Example: Bitcoin’s Script Language Bitcoin’s scripting language has enabled the implementation of basic smart contracts, such as multi-signature wallets, where multiple parties must agree to a transaction before it can be executed. ## **Second generation: Turing complete contracts** The second generation brought significant progress with the introduction of Ethereum in 2015. The Ethereum smart contract platform introduced the concept of Turing complete programming, allowing developers to write complex and programmable contracts using Solidity or other programming languages. This marked a major shift towards more versatile and powerful smart contracts. Example: Decentralized Applications (DApps) Ethereum has enabled the development of DApps, which are applications running on the blockchain with smart contracts at their core. One prominent example is decentralized finance (DeFi) platforms that offer borrowing, lending and trading services without traditional intermediaries. ## **Third generation: Scalability and interoperability** The third generation addresses the scalability and interoperability issues that have arisen with the increased adoption of blockchain networks. New platforms like Polkadot, EOS and Cardano are designed to offer better performance and connectivity between different blockchains. Example: Polkadot’s Parachains Polkadot’s ecosystem allows projects to run their blockchains (parachains) while benefiting from the security and interoperability provided by Polkadot’s main chain, enabling more efficient and connected smart contracts. ### **Conclusion**: In conclusion, smart contract technology has evolved significantly since its inception. From simple scripts for Bitcoin to sophisticated Turing-complete contracts on Ethereum and the pursuit of scalability and interoperability in third-generation platforms, smart contracts continue to shape the decentralized environment and revolutionize various industries with their transparency, efficiency, and automation capabilities. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Smart Contracts, Unocoin --- ### [The Increasing Popularity of DeFi and Its Potential | decentralized finance](https://blog.unocoin.com/the-increasing-popularity-of-defi-and-its-potential-decentralized-finance/) **Published:** July 26, 2023 **Author:** Unocoin Growth **Content:** DeFi, short for Decentralized Finance, is a rapidly growing blockchain and cryptocurrency sector that aims to restore traditional financial services without relying on centralized intermediaries such as banks or financial institutions. While DeFi has shown tremendous promise and potential, there are challenges and considerations that may determine its long-term success. ## **Advantages of DeFi:** ### **Financial Inclusion:** DeFi enables access to financial services for unbanked or underbanked individuals, especially in regions with limited banking infrastructure. Anyone with an internet connection can participate in DeFi protocols. ### **Transparency**: All transactions and smart contract operations on DeFi platforms are recorded on the blockchain, ensuring transparency and auditability. ### **Programmability:** Smart contracts in DeFi can be programmed to automatically perform various financial functions, providing efficiency and reducing the need for manual intervention. ### **Global accessibility:** DeFi applications are accessible to anyone globally, without the need for traditional identification or credit checks. ## **Real-world examples:** ### **MakerDAO (DAI):** MakerDAO is a decentralized lending platform built on the Ethereum blockchain. Users can lock up their cryptocurrency assets as collateral and borrow DAI, a stablecoin pegged to the US dollar. This system allows users to access liquidity without relying on a centralized entity, an example of how DeFi can facilitate lending and borrowing services. ### **Uniswap:** Uniswap is a decentralized exchange (DEX) that allows users to exchange various Ethereum-based tokens directly from their wallets. Liquidity providers earn fees by contributing to liquidity pools. Uniswap demonstrates the potential of DeFi to create efficient and automated decentralized trading platforms. ## **Challenges and Considerations:** ### **Security risks:** Vulnerabilities in smart contracts can lead to hacks and abuse of DeFi platforms, resulting in significant financial losses. Ensuring robust security audits and best practices is essential for DeFi to gain long-term trust. ### **Regulatory uncertainty:** The regulatory environment around DeFi is still evolving. Adhering to existing financial regulations and dealing with potential regulatory changes will be essential for DeFi to thrive sustainably. ### **Scalability:** The current state of some blockchain networks such as Ethereum may struggle to handle the growing demand and transaction volume of DeFi applications, leading to high fees and slower processing. ### **User experience:** DeFi platforms can be complex and difficult to navigate for newcomers. Improving the user experience will be essential to attract a wider audience. ### **Conclusion:** In conclusion, DeFi has the potential to revolutionize the financial landscape by offering transparent, accessible and programmable financial services. Real-world examples like MakerDAO and Uniswap demonstrate its capabilities. However, to go further, DeFi needs to address security issues, adapt to regulatory changes, improve scalability, and improve the overall user experience. If these challenges are met successfully, DeFi could play a key role in shaping the future of finance. **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Decentralized Finance, Defi, Unocoin --- ### [Impact of global economic like Inflation and currency devaluation on the cryptocurrency market](https://blog.unocoin.com/impact-of-global-economic-like-inflation-and-currency-devaluation-on-the-cryptocurrency-market/) **Published:** July 28, 2023 **Author:** Unocoin Growth **Content:** ## **The impact of globalization on the crypto market** Globalization has significantly influenced the development and dynamics of the cryptocurrency market. The interconnectedness of economies and the ease of cross-border transactions have created both opportunities and challenges for cryptocurrencies. Below are key insights on the impact of globalization on the crypto market: ## **Market expansion and adoption:** Globalization has allowed cryptocurrencies to transcend geographic boundaries, leading to increased adoption and recognition around the world. As people from different countries gain access to the Internet and financial services, they become potential participants in the crypto market. This expanded user base has contributed to the growth of the crypto market and the rise of new use cases. ## **Cross-border transactions and money transfers:** Cryptocurrencies provide an efficient and cost-effective solution for cross-border transactions and transfers. Globalization has led to migration and international trade, leading to a growing demand for fast and cheap cross-border payments. Cryptocurrencies such as Bitcoin and stablecoins offer fast and affordable alternatives to traditional transfer channels, impacting financial inclusion and reducing transaction costs. ## **Regulatory differences and uncertainty:** Globalization has also highlighted the complexity of cryptocurrency regulation. Different countries have taken different approaches to regulating cryptocurrencies, ranging from outright bans to adopting crypto-friendly policies. This regulatory divergence creates uncertainty and can impact investor sentiment and market volatility. The lack of consistent cross-border regulations also presents challenges for businesses and innovation in the crypto space. ## **Market liquidity and volatility:** The globalization of the crypto market has brought both increased liquidity and increased volatility. Due to continuous trading and users from different time zones, cryptocurrencies experience constant price fluctuations. While higher liquidity allows for larger trades, it also amplifies price swings, making the market prone to sudden price spikes or crashes. ## **Global Economic Events:** Globalization links financial markets and economies and makes them interdependent. Economic events in one part of the world can have a domino effect on the crypto market. For example, political or economic instability in a major economy can drive investors to cryptocurrencies as safe-haven assets, leading to increased demand and price appreciation. ## **Adoption in emerging markets:** Globalization has opened up opportunities for cryptocurrencies to gain traction in emerging markets with limited traditional financial infrastructure. In countries facing currency devaluation, hyperinflation or limited access to banking, cryptocurrencies offer a viable alternative for storing value and conducting transactions. ### **Conclusion:** In conclusion, globalization has significantly impacted the cryptocurrency market by expanding its reach, promoting adoption in emerging markets, facilitating cross-border transactions, and introducing regulatory challenges. While it has provided opportunities for growth and innovation, it has also exposed the market to increased volatility and uncertainty. As the world continues to globalize, the cryptocurrency market is likely to play a more significant role in shaping the future of finance and cross-border transactions. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Decentralization, globalization, Unocoin --- ### [Unocoin: India's Premier Crypto Platform Revolutionizing the Future of Finance](https://blog.unocoin.com/unocoin-indias-premier-crypto-platform-revolutionizing-the-future-of-finance/) **Published:** July 21, 2023 **Author:** Unocoin Growth **Content:** ## **Pioneering crypto platform with a dazzling crypto basket and innovative sub-brokerage services!** A pioneer in the Indian cryptocurrency ecosystem, Unocoin has risen to the pinnacle of excellence with its top-notch offerings and unwavering commitment to customer satisfaction. Boasting a large and diverse crypto basket, Unocoin provides a seamless and exciting journey into the world of digital assets. ## **Crypto Basket: Unocoin’s Crown Jewel** Dive into a treasure trove of cryptocurrencies carefully selected to suit all enthusiasts. Unocoin’s Crypto Basket features a dazzling array of cutting-edge digital assets, including the ever-glorious Bitcoin, the majestic Ethereum, the revolutionary Ripple, the formidable Bitcoin Cash, and more! Each gem in the crypto basket carries the potential for soaring returns and offers the ultimate chance to embrace the future of finance. ## **Sub-broker Services: A Paradigm Shift in Cryptocurrency Trading** Unocoin continues to redefine the cryptocurrency trading landscape with its game-changing sub-brokerage services. Aspiring entrepreneurs and passionate crypto enthusiasts can now embark on the path of financial empowerment by becoming Unocoin Sub-Brokers. With Unocoin’s robust support, unrivaled expertise and cutting-edge tools, Sub-Brokers can unleash their potential and reach new heights in the crypto world. ## **Introducing Innovative Products: Revolutionizing the Cryptosphere** Always at the forefront of innovation, Unocoin is constantly launching groundbreaking products that are reshaping the crypto sphere. Our commitment to excellence is reflected in the unveiling of advanced trading features, lightning-fast transactions and robust security measures. Unocoin’s pioneering approach to making cryptocurrencies accessible to all has earned it widespread recognition and admiration from the global community. ## **Customer-oriented approach: Your success, our triumph** At Unocoin, customers are at the heart of our operations. With an unwavering focus on delivering a best-in-class user experience, our platform offers an intuitive interface, seamless navigation and real-time assistance. Our customer support is second to none, giving users the knowledge and confidence to navigate the exciting world of cryptocurrency. ## **Security: Enhanced with unwavering protection** We understand the importance of protecting your investments. Unocoin boasts state-of-the-art security measures including multi-layered authentication, advanced encryption and data storage solutions. Your assets are our top priority and we leave no stone unturned to protect them from any potential threat. ### **Conclusion**: In conclusion, Unocoin is a pioneer in the Indian crypto landscape and will delight users with a unique crypto basket, pioneering Sub-Broker Services and revolutionary product launches. With our customer-centric approach and unwavering commitment to security, we enable you to embrace the transformative power of cryptocurrency with the utmost confidence. Enter the world of Unocoin, where innovation meets perfection, and embark on a path to financial success like never before! **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Know your coin| History, Analysis & Uses of polkadot](https://blog.unocoin.com/know-your-coin-history-analysis-uses-of-polkadot/) **Published:** July 19, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Polkadot has emerged as a prominent player in the blockchain space, offering a scalable and interoperable platform for building decentralized applications. This article provides an overview of Polkadot, including its price predictions, historical context, analysis, and various use cases. ## **Price predictions and market performance** Polkadot (DOT) has seen significant growth since its launch in 2020. As with any cryptocurrency, price predictions are speculative, but experts believe that Polkadot’s innovative technology and strong community support could push its value upward. Factors such as increased adoption, successful network upgrades and market trends can influence the price trajectory. ## **Historical Context and Development** Founded by Ethereum co-founder Gavin Wood, Polkadot aims to solve the scalability and interoperability issues facing existing blockchains. Its development began in 2016, and the project received significant funding through a successful Initial Coin Offering (ICO) in 2017. The launch of the mainnet in 2020 marked a major milestone that allowed developers to create and deploy decentralized applications (dApps) on the Polkadot network. ## **Technical analysis and key features** Polkadot’s unique architecture uses transmission chains and parachains to achieve interoperability between different blockchains. The relay chain acts as the main blockchain, coordinating and securing the network, while parachains are independent chains that connect to the relay chain and enable cross-chain communication. This design enables scalability, increases security, and facilitates seamless data transfer between blockchains. ## **Use cases and real-world applications** The versatile Polkadot platform opens numerous possibilities for decentralized applications and blockchain solutions. Its interoperability enables cross-chain transfers, asset exchange and communication between different networks. Polkadot can be used in a variety of industries, including finance, gaming, supply chain, and identity management. For example, decentralized finance (DeFi) projects can use Polkadot’s infrastructure to create innovative financial applications that offer better scalability and interoperability. ### **Conclusion**: Polkadot has gained recognition for its advanced technology and potential to revolutionize the blockchain industry. While price predictions are speculative, the growth of the Polkadot ecosystem and its ability to address scalability and interoperability issues make it an exciting project to watch. As developers continue to explore the possibilities of Polkadot, we can expect further advancements and the emergence of impressive decentralized applications that utilize this revolutionary platform. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, dot, polkadot, Unocoin --- ### [Maximizing Your Crypto Wealth With Expert Wealth Management service | Unocoin](https://blog.unocoin.com/maximizing-your-crypto-wealth-with-expert-wealth-management-service-unocoin/) **Published:** July 17, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction** : Are you ready to take your crypto wealth to new heights? If you are looking for a customized, comprehensive and exclusive solution to manage and grow your digital assets, look no further than Unocoin’s Crypto Wealth Club. This elite community offers unique access to leading crypto wealth management services, customized strategies and cutting-edge tools designed to help you achieve long-term financial success in the crypto world. In this article, we will dive into the remarkable benefits of Unocoin’s Crypto Wealth Club and why it is the best choice for maximizing your crypto wealth. ## **Tailor-made portfolio management – Expertly created for your success :** Unocoin’s Crypto Wealth Club takes the hassle out of managing your cryptocurrency portfolio. As a member, you get access to expert portfolio management services, allowing you to tap into the huge potential of the crypto market. Our team of seasoned professionals conducts in-depth research, analysis and market monitoring to identify promising investment opportunities across a diverse spectrum of cryptocurrencies and digital assets. Using our expertise, we create and manage a portfolio tailored to your unique goals, risk tolerance and investment preferences. Our goal is to optimize your returns and give you peace of mind knowing that your crypto assets are in capable hands. ## **A strategic approach to investments – Customized strategies for optimal results :** At Unocoin’s Crypto Wealth Club, we understand that no two investors are alike. Our team, therefore, develops investment strategies that are tailored to your specific goals, risk appetite and time horizon. Whether you’re looking for long-term holdings, active trading, or a mix of strategies, we’ll create an approach that aligns with your goals. Using our expertise and monitoring market trends, we can make your portfolio benefit from emerging opportunities while effectively managing risks. With our customized strategies, you can confidently navigate the complex crypto landscape and maximize your wealth potential. ## **Robust Risk Management – Protecting Your Assets in Volatile Markets:** Risk management is paramount in the volatile world of cryptocurrencies. Unocoin’s Crypto Wealth Club implements robust risk management techniques to protect your assets and minimize potential losses. We proactively reduce risk exposure through diversification, hedging strategies and the use of stop-loss orders. Our team closely monitors market fluctuations and adjusts your portfolio accordingly to ensure it remains resilient to market volatility. With our expertise in risk management, you can navigate the cryptocurrency market with confidence knowing that your investments are protected against adverse events. ## **Uncompromising Security – Protecting Your Digital Assets :** Unocoin recognizes the importance of security in the crypto space. We prioritize the security of your digital assets and use strict security measures to protect against hackers, theft and unauthorized access. Our Crypto Wealth Club implements secure storage solutions, robust encryption protocols and adheres to industry best practices for cybersecurity. With our unwavering commitment to security, you can rest easy knowing your assets are protected by a state-of-the-art security infrastructure. ### **Conclusion**: Unocoin’s Crypto Wealth Club offers a highly influential and exclusive opportunity to maximize your crypto wealth through expert portfolio management. By joining this elite community, you gain access to customized portfolio management, tailored investment strategies, robust risk management, uncompromising security measures and exceptional customer support. Unocoin’s experienced professionals are committed to helping you achieve long-term financial success in the dynamic world of cryptocurrencies. Don’t miss your chance to take your crypto wealth to new heights with Unocoin’s Crypto Wealth Club. Join us today and unlock the full potential of your digital assets. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, News **Tags:** bitcoin, Btc, Crypto, Unocoin, wealth, wealth management --- ### [Legal Victory for Ripple's XRP: Judge Rules Programmatic Sales of XRP Not Securities](https://blog.unocoin.com/legal-victory-for-ripples-xrp-judge-rules-programmatic-sales-of-xrp-not-securities/) **Published:** July 14, 2023 **Author:** Unocoin Growth **Content:** Ripple Labs scored a major victory on July 13 in the United States District Court for the Southern District of New York when Judge Analisa Torres ruled in part in the company’s favor in a case brought by the Securities and Exchange Commission (SEC) that dates back. until 2020. In a groundbreaking development, Judge Torres granted summary judgment in favor of Ripple Labs, confirming that the XRP token is not a security in relation to programmatic sales on digital asset exchanges. This decision recognizes the distinct utility nature of XRP and its distinction from security. The SEC secured its own victory, however, as a federal judge ruled that XRP qualifies as a security when sold to institutional investors, which complies with the terms of the Howey test. This subtle decision highlights the need for regulatory compliance in certain cases without jeopardizing the broader utility and legitimacy of XRP. The SEC lawsuit sought to force Ripple to halt the offering of its XRP token, alleging that it was an unregistered security. This decision clarifies the matter and confirms that Ripple can continue to operate provided that the relevant regulations and compliance measures are followed. As the news spread, the price of XRP immediately rose from $0.45 to $0.61, reflecting a remarkable increase of over 25% at the time of this announcement. This upward movement shows the market’s positive reaction to the court’s decision and renewed confidence in XRP’s future prospects. The case against Ripple, launched in December 2020 by the SEC against Ripple and its top executives Brad Garlinghouse and Chris Larsen, has attracted attention due to its complex litigation and Garlinghouse’s continued opposition. During this three-year journey, key moments such as the revelation of the “Hinman Papers” added to the drama surrounding the case. Buoyed by this favorable decision, the cryptocurrency community is celebrating the outcome with jubilation. The ruling reinforces the notion that innovation and compliance can co-exist in the digital asset space, fostering a positive environment for both investors and blockchain-based businesses. Ripple Labs’ courtroom victory marks a significant milestone for the company, cementing its position as a pioneer in the blockchain industry while highlighting the importance of legal clarity. This decision is not only a triumph for Ripple, but also a positive development for the broader cryptocurrency ecosystem, fostering a more favorable regulatory environment and opening the door for future growth and innovation. **Categories:** Blog, Featured **Tags:** lawsuit, Ripple, sec, Unocoin, Xrp --- ### [Mainstream Businesses Look at Adopting Blockchain Tech](https://blog.unocoin.com/mainstream-businesses-look-at-adopting-blockchain-tech/) **Published:** July 12, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Blockchain technology has emerged as a revolutionary innovation with the potential to transform various industries. Originally introduced as the underlying technology behind cryptocurrencies such as Bitcoin, blockchain has gained significant attention due to its unique properties such as decentralization, immutability and transparency. In recent years, businesses across various industries have been actively using blockchain technology to increase efficiency, security and trust in their operations. This article explores the reasons why businesses are increasingly adopting blockchain technology, along with relevant examples. ## **Improved security and data integrity** One of the main drivers for businesses adopting blockchain technology is its ability to provide increased data security and integrity. Unlike traditional centralized systems, blockchain operates on a decentralized network, making it extremely difficult for malicious actors to manipulate data. Each transaction or data record on the blockchain is stored in a block that is linked to previous blocks using cryptographic hashes to form an immutable chain. This ensures that once a transaction is recorded, it cannot be reversed, making the blockchain highly secure. For example, in the supply chain industry, Walmart has implemented blockchain technology to track the origin and movement of food products, greatly reducing the risk of contamination and improving consumer safety. ## **Increased efficiency and reduced costs** Blockchain technology has the potential to streamline business processes and increase operational efficiency. By eliminating the need for intermediaries and enabling direct peer-to-peer transactions, blockchain reduces the time and costs associated with intermediation. Smart contracts, self-executing agreements written on the blockchain, automate and enforce contractual terms, eliminating the need for manual intervention. This increases efficiency and reduces the likelihood of errors or disputes. For example, in the real estate industry, blockchain-based platforms like Propy enable transparent and efficient real estate transactions by eliminating the need for intermediaries such as brokers and lawyers. ## **Improved supply chain management** Blockchain technology offers unprecedented transparency and traceability, making it well-suited for supply chain management. Using blockchain, businesses can track the movement of goods and verify their authenticity at every step of the supply chain. This reduces the risk of counterfeit products and enables effective quality control. For example, IBM worked with Maersk to develop TradeLens, a blockchain-based platform that digitizes and secures supply chain data, allowing stakeholders to track shipments in real-time and streamline logistics operations. ## **Better trust and customer experience** Blockchain technology promotes trust between participants by providing a decentralized and transparent platform. This can be particularly beneficial in industries where trust is key, such as finance and healthcare. Blockchain enables the secure and efficient sharing of sensitive data while preserving privacy and proprietary rights. In healthcare, patient’s medical records can be securely stored on the blockchain, giving them control over their data and facilitating interoperability between healthcare providers. This empowers patients and improves overall health care. ### **Conclusion:** The adoption of blockchain technology by enterprises is driven by the desire to increase security, increase efficiency, improve supply chain management and strengthen trust between stakeholders. As the examples above show, blockchain technology has the potential to revolutionize various industries by changing the way transactions and data are recorded, verified and shared. As businesses continue to explore the potential of blockchain, we can expect more advancements and innovative use cases that leverage this disruptive technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bitcoin, Btc, Crypto, Unocoin --- ### [Crypto derivatives are becoming a major digital asset class](https://blog.unocoin.com/crypto-derivatives-are-becoming-a-major-digital-asset-class/) **Published:** July 10, 2023 **Author:** Unocoin Growth **Content:** Crypto derivatives have gained significant traction in recent years and have become a major digital asset class in the cryptocurrency market. As a form of financial instrument, crypto derivatives provide investors with exposure to the price movements of cryptocurrencies without having to own the underlying assets. This article explores the rise of crypto derivatives, their benefits and unique examples in the market. ## **Understanding Cryptoderivatives** Crypto derivatives are financial contracts whose value is derived from the underlying cryptocurrency or a related index. These contracts allow traders to speculate on future cryptocurrency price movements, hedge their positions or gain exposure to digital assets without directly owning them. The most common types of crypto derivatives include futures contracts, options, swaps, and perpetual contracts. ## **Advantages of crypto derivatives** ### **Risk Management:** Crypto derivatives provide traders and investors with a means to manage their risk exposure in the highly volatile cryptocurrency market. By using derivatives, participants can hedge against potential losses or mitigate the impact of market fluctuations. ### **Increased liquidity:** The introduction of crypto derivatives has brought more liquidity to the market. Derivatives trading platforms attract a diverse range of participants, including institutional investors, market makers and speculators, helping to deepen liquidity and improve price discovery. ### **Market efficiency:** The availability of derivatives creates opportunities for arbitrage that helps align prices across different exchanges and trading venues. This leads to improved market efficiency and reduced price irregularities. ## **Unique examples in the crypto derivatives market** ### **Bitcoin Futures:** Bitcoin futures contracts were introduced by the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) in December 2017. These contracts allow traders to speculate on the future price of Bitcoin without owning the cryptocurrency itself. The introduction of Bitcoin futures marked a significant milestone in the mainstream adoption of cryptocurrencies. ### **Perpetual swaps:** Perpetual swaps are a type of derivative contract offered by various platforms. These contracts are similar to traditional futures but do not have an expiration date. Perpetual swaps allow traders to have continuous exposure to the underlying cryptocurrency without having to change their positions. ### **Options Contracts:** Options contracts give traders the right, but not the obligation, to buy or sell the underlying cryptocurrency at a predetermined price during a specified time period. ## **Conclusion** Crypto derivatives have gained considerable popularity and turned into a major digital asset class in the cryptocurrency market. These financial instruments offer benefits such as risk management, increased liquidity and improved market efficiency. Examples such as Bitcoin futures, perpetual swaps and options highlight the diverse array of crypto derivatives available to traders and investors. As the cryptocurrency ecosystem continues to evolve, crypto-derivatives are likely to play an increasingly important role in shaping the market, providing new opportunities for participants to engage and invest. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, derivatives, Future, options, swaps, Unocoin --- ### [Leveraging Liquidity Pools How ERC20 Tokens Drive DeFi Efficiency](https://blog.unocoin.com/leveraging-liquidity-pools-how-erc20-tokens-drive-defi-efficiency/) **Published:** July 6, 2023 **Author:** Unocoin Growth **Content:** ## **DeFi The potential importance of liquidity pools for ERC20 tokens** ## **Introduction to DeFi and ERC20 tokens** Decentralized finance (DeFi) has emerged as a revolutionary concept in blockchain and cryptocurrency, offering a range of financial services without relying on traditional intermediaries. ERC20 tokens, which are tokens built on the Ethereum blockchain, form a significant part of the DeFi ecosystem. These tokens represent various assets, including cryptocurrencies, stablecoins, and utility tokens. ## **Liquidity Pools as the foundation of DeFi** Liquidity pools are a critical component of the DeFi ecosystem and serve as the foundation for decentralized exchanges (DEX) and lending platforms. They allow users to pool their funds and provide liquidity for trading and lending activities. Liquidity pools ensure that assets are readily available for purchase and sale, thereby supporting the efficient functioning of the market. ## **Advantages of liquidity pools for ERC20 tokens** ### **Improved Market Liquidity:** ERC20 token liquidity pools significantly improve market liquidity by aggregating assets from multiple participants. This pooled liquidity ensures that traders can execute trades quickly, regardless of order size, and experience minimal slippage. Examples of popular ERC20 liquidity pools include Uniswap and SushiSwap. ### **Availability and inclusion:** Liquidity pools allow users to participate in DeFi activities by contributing their assets to the pool. This incorporation allows individuals to earn fees and rewards from their idle assets that were previously unavailable in traditional financial systems. ### **Token swaps and price discovery:** Liquid pools facilitate the exchange of tokens within the DeFi ecosystem. Users can trade ERC20 tokens directly from the pool, eliminating the need for order books and centralized exchanges. This process enables efficient price discovery and instant token conversion. For example, users can exchange their Ethereum for a stablecoin like DAI through a liquidity pool. ### **Yield Farming and Staking:** Liquid pools also support yield farming and staking mechanisms where users can earn additional rewards by locking their ERC20 tokens in specific pools. Revenue farming involves providing liquidity to pools and getting additional tokens or fees in return. Staking allows users to lock their tokens to support network operations and earn stake rewards. Examples of platforms offering revenue management and staking include Compound and Aave. ### **Conclusion** Liquidity pools have become a staple of the DeFi ecosystem, especially for ERC20 tokens. They increase market liquidity, support accessibility and inclusion, enable token swaps and price discovery, and facilitate revenue cultivation and staking. As DeFi continues to evolve, liquidity pools will continue to be vital to the efficient operation and growth of decentralized financial services, providing better opportunities for users to engage with the ERC20 token ecosystem. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bitcoin, Btc, Defi, erc20, liquidity pool, Unocoin --- ### [Space Meets Crypto: Exploring the Potential of SPACE ID Tokens](https://blog.unocoin.com/space-meets-crypto-exploring-the-potential-of-space-id-tokens/) **Published:** July 3, 2023 **Author:** Unocoin Growth **Content:** ## **Introducing Space ID (ID): Free your Web3 Identity** Have you ever wished for a seamless online experience across multiple web3 platforms? Look no further! Space ID is here to revolutionize decentralized identity. Think of it as your personal universal username that will simplify your interactions with web3 like never before. In a large web3 environment, managing multiple domains and identities can be a challenge. But don’t worry! Space ID is a decentralized network of universal domain services that brings all your web3 domains under one roof. Register, manage, trade and discover multiple domains effortlessly within a single identity platform. With Space ID, creating a web3 identity has never been easier. Built on the BNB blockchain, Space ID was founded by a mysterious team in March 2022. Backed by influential names in the web3 sphere such as Binance Labs, Polychain Capital, Bullet Labs and dao5, Space ID is poised to redefine the future of decentralized identity. ## **So how does Space ID work? Let’s explore its game-changing features:** ### **Web3 Domain & Identity Platform:** Say goodbye to the hassle of juggling multiple domain names. Space ID offers an integrated portal where you can easily search, register and manage the domains you want. Recovery and record keeping? Hassle-free handling in one place. ### **Marketplace:** Welcome to the web3 domain trading hub. The Space ID ecosystem brings together liquidity from various marketplaces, including Opensea, ENS Vision and Element. Experience a specialized marketplace dedicated exclusively to transactions in web3 domains. ### **Multi-chain Name Service:** Tired of switching between blockchain ecosystems? Space ID supports Top Level Domains (TLDs), allowing you to communicate with multiple blockchains using a single domain name. Seamless navigation across the web3 universe awaits you. ### **Integration SDK:** Integrating web3 services into your applications has never been smoother. The Space ID SDK and all-in-one API simplify the process, and improve scalability, versatility and forward-thinking design. Save time and eliminate compatibility issues with a single integration. But what makes the ID token really special? As a native management and utility token for Space ID, ID serves many purposes. It’s your key to the Space ID ecosystem that facilitates payments, unlocks discounts on the platform through staking, enables participation and voting on governance proposals, and encourages engagement with the platform. #### **Now let’s dive into the fascinating world of ID token performance:** With a launch date in March, ID has shown remarkable growth. It is currently trading at $0.4649 with a 24-hour volume of $45,181,521 and a market cap of an impressive $150,314,296 (as of June 1, 2023). Since its inception, ID has hit a high of $1.03, making waves in the web3 space. #### **Are you ready to embark on this exciting journey to buy ID Tokens in India? Here is the procedure:** - Harness the power of technology and download the Unocoin app to your smartphone. - Register by providing the necessary details and set the stage for your web3 adventure. - Complete the KYC process to verify your profile and unlock the full potential of Space ID. - Fund your wallet and dive into the ID token market to secure your piece of the decentralized identity revolution. Space ID welcomes you to the new era of web3 identity management. Unleash the power of seamless interactions, explore countless web 3 apps, and embrace the future with ID as your companion. Join us and redefine the way you experience the digital realm. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, space id, Unocoin --- ### [Cardano 101: A Beginner's Journey into the World of $ADA](https://blog.unocoin.com/cardano-101-a-beginners-journey-into-the-world-of-ada/) **Published:** June 30, 2023 **Author:** Unocoin Growth **Content:** ## **Cardano’s Path to Innovation: Uncovering ADA’s Solution Potential** Cardano, a blockchain platform based on scientific research and peer-reviewed protocols, is taking significant steps to revolutionize the world of cryptocurrencies. With its native token, ADA, Cardano unlocks the potential for breakthrough solutions in various sectors. Cardano stands out for its commitment to rigorous scientific principles that ensure a robust and secure blockchain ecosystem. Platform development is managed by a team of academics and engineers who favor formal validation and evidence-based design. This scientific approach brings trust and reliability to the Cardano solution. One of the key features of Cardano is its layered architecture, which separates the host and compute layers. This design enables greater scalability, interoperability, and flexibility, and sets the stage for implementing a variety of use cases. Through smart contracts, Cardano enables the creation of decentralized applications (dApps) and the execution of programmable transactions. This opens up possibilities for a wide range of applications, including financial services, supply chain management, decentralized identity systems, voting systems and more. Cardano’s focus on sustainability and environmental responsibility is evident through its proof-of-stake (PoS) consensus mechanism. Unlike energy-intensive proof-of-work (PoW) systems, Cardano’s PoS approach minimizes energy consumption while maintaining network security and efficiency. In addition, Cardano places great emphasis on inclusivity and accessibility. The platform aims to bring financial services to unbanked and underserved populations by providing secure and transparent solutions that can be accessed through mobile devices or low-bandwidth connections. ### **Conclusion:** In conclusion, Cardano and its native token ADA are paving the way for innovation in the crypto space. With its scientific approach, layered architecture, smart contract capabilities, and commitment to sustainability and inclusiveness, Cardano has the potential to deliver disruptive solutions and drive significant advancements across industries. **Categories:** Blog, Featured **Tags:** Ada, bitcoin, Btc, Cardano, Crypto, Unocoin --- ### [Understanding the Evolution of Cryptocurrency Market Trends](https://blog.unocoin.com/understanding-the-evolution-of-cryptocurrency-market-trends/) **Published:** April 7, 2023 **Author:** Unocoin Growth **Content:** Cryptocurrency has come a long way since its inception in 2009, with Bitcoin being the first decentralised cryptocurrency. There are thousands of cryptocurrencies in circulation today and the market capitalisation of the cryptocurrency market has grown significantly over the years. In this article, we will explore the development of trends in the cryptocurrency market. ## **The early years** In the early years, the cryptocurrency market was very narrow, with only a few enthusiasts and early adopters investing in it. Bitcoin was the dominant cryptocurrency and its value was highly volatile. It wasn’t until 2013 that the price of Bitcoin began to rise significantly, leading to a surge in interest in the cryptocurrency market. ## **The rise of altcoins** As more people became interested in cryptocurrencies, new cryptocurrencies began to emerge. These were known as altcoins and included cryptocurrencies such as Litecoin, Ripple and Ethereum. The introduction of altcoins made the cryptocurrency market more diverse and allowed for more investment opportunities. ## **The ICO boom** Initial Coin Offerings (ICOs) became popular in 2017 and allow startups to raise funds by issuing their own cryptocurrency. This led to the rise of new cryptocurrencies, with many failing to live up to their promises. The ICO boom was short-lived and many regulators around the world started cracking down on them. ## **Bear market** In 2018, the cryptocurrency market saw a significant decline, with the market capitalisation dropping from over $800 billion to less than $200 billion. This was due to a combination of factors, including the bursting of the ICO bubble and regulatory intervention. ## **The bull market** The cryptocurrency market has started to recover in 2020, with Bitcoin leading the way. In 2021, the market experienced a significant bull run, with market capitalization reaching an all-time high of over $2 trillion. This was due to a combination of factors, including increased institutional adoption and mainstream adoption. **In conclusion,** the cryptocurrency market has come a long way since its early years and its development has been marked by significant trends. As the market is still maturing, it will be interesting to see what the future holds for cryptocurrencies and blockchain technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development **Tags:** bitcoin, Btc, Crypto, Cryptocurrency, Unocoin --- ### [Top 9 Cryptocurrency Influencers in India to follow](https://blog.unocoin.com/top-9-cryptocurrency-influencer-in-india-to-follow/) **Published:** April 10, 2023 **Author:** Unocoin Growth **Content:** ## **Top 9 Cryptocurrency Influencers in India to Watch** India is seeing a growing interest in cryptocurrencies, with more and more people looking to invest in digital assets. With this increase in interest, there has been an increase in the number of cryptocurrency influencers in India. In this article, we take a look at the top 9 cryptocurrency influencers in India that you should follow. ### **Sathvik Vishwanath** Co-founder and CEO of Unocoin (India’s first crypto exchange), known for pioneering the Indian cryptocurrency market and leading the push to make it mainstream. ### **Naimish Sanghvi** Naimish Sanghvi is the founder of Coin Crunch India, the leading cryptocurrency news portal in India. He is known for his in-depth analysis and insights on the cryptocurrency market. ### **Nischal Shetty** Nischal Shetty is the founder of WazirX, the leading cryptocurrency exchange in India. He is known for his expertise in Decentralisation and and his new venture. ### **Akshay Aggarwal** Akshay Aggarwal is the founder of Blockchained India, a community platform for blockchain and cryptocurrency enthusiasts. He is known for his efforts to promote cryptocurrency education in India. ### **Siddharth Menon** Siddharth Menon is the co-founder of WazirX, the leading cryptocurrency exchange in India. He is known for his expertise in cryptocurrency trading and efforts to promote cryptocurrency adoption in India. ### **Sumit Gupta** Sumit Gupta is the CEO of CoinDCX, a leading cryptocurrency exchange in India. He is known for his expertise in the cryptocurrency market and efforts to promote cryptocurrency education in India. ### **Shetty Sudarshan** Shetty Sudarshan is the founder of CryptoKanoon, a platform that provides legal and regulatory insights on cryptocurrencies in India. He is known for his efforts in educating people about the legal aspects of cryptocurrencies. ### **Varun Sethi** Varun Sethi is a lawyer and founder of Blockchain Lawyer, a platform that provides legal services for blockchain and cryptocurrency projects in India. He is known for his expertise in the legal aspects of cryptocurrencies. ### **Kashif Raza** Kashif Raza is the founder of Crypto Kanoon, a platform that provides regulatory information on cryptocurrencies in India. He is known for his efforts to promote cryptocurrency adoption and education in India. In conclusion, these are some of the best cryptocurrency influencers in India that you should follow. They are known for their expertise, insights and efforts in promoting cryptocurrency adoption and education in India. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Cryptocurrency, Unocoin --- ### [Satoshi Nakamoto is now worth $15 billion](https://blog.unocoin.com/satoshi-nakamoto-is-now-worth-15-billion/) **Published:** December 12, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*xhfrQLxjHu6E-an5JxI1_g.jpeg)Satoshi Nakamoto is now worth $15 billionMany call this entity the “most enigmatic billionaire” of the modern day world. Known as the inventor of the bitcoin protocol, Satoshi Nakamoto is the name of this enigma. His/their/her bitcoin wallet, filled with over $15 billion worth of bitcoins, remains untouched, and him/them/her untraced. The name “Satoshi Nakamoto” came into the picture when a white paper on “Bitcoin: A Peer-to-Peer Electronic Cash System” was published in October 2008. Published on the Cryptography Mailing list at Metzdowd.com, this paper outlined the basics of what a bitcoin is, and how it works (Read the paper [here](https://bitcoin.org/bitcoin.pdf)). Earlier, in August 2008, the domain name “Bitcoin.org” had been anonymously registered. Version 0.1 of Bitcoin was released in January of the following year. In the same year, the first Bitcoin transaction took place between Satoshi and Hal Finney, who was a cryptographic developer. ### How is Satoshi worth $15 billion? Satoshi Nakamoto’s set of wallets contains over 1 million bitcoins — which, as of bitcoin’s December rates — translates to over $15 billion in holdings. That’s a massive amount of money lying unused — Satoshi has never touched the wallet in all these years, and it is believed the coins will remain unused since we’ve had no trace of Satoshi ever since he disappeared. ### How has Satoshi remained elusive for so long? The identity of Satoshi Nakamoto has been the subject of speculation for many years. Some possibilities include – #### **1. It’s a group of companies** Some believe that Satoshi Nakamoto is the pseudonym obtained by combining the names of four Asian companies, namely- **Sa**msung, **Toshi**ba, **Naka**michi, and **Moto**rola. ([The Week](http://theweek.com/articles/561540/misidentification-satoshi-nakamoto)) #### **2. It might be a woman** It’s quite presumptuous to say that Satoshi is a man. Just because Satoshi Nakamoto is a male Japanese name? The inventor of the Bitcoin might as well be a woman! #### **3. His/her identity is known by a few but is protected** Satoshi hasn’t committed a crime; His/her identity might be known to government agencies such as the NSA or CIA but hasn’t been exposed to the public, for, well, protecting his/her privacy. #### **4. Incentives to be tight-lipped** Satoshi has become a billionaire through his innovation. Who says that he can’t spare some of those bitcoins to keep things quiet? It’s possible that those who know him might be under a binding contract that prevents them from spilling the beans. From the point of time since the advent of the Bitcoin, people have been trying to find out who Satoshi Nakamoto truly is. Many fingers have been pointed and many theories have been put forth. If Satoshi chose to remain in the dark it might have been for the greater good. It seems like a futile task to try to uncover it, especially since he/she/they don’t want to be found. ### Are Satoshi and Hal Finney the same person? ![](https://cdn-images-1.medium.com/max/800/0*OtzImMQJUMdteVvA.)(Image Source: [azquotes](http://www.azquotes.com/author/82688-Hal_Finney))There are several reasons to believe that Hal Finney might have been Satoshi himself. Hal was the first person, other than Satoshi, to take part in a bitcoin transaction. He helped fix many early bugs in the Bitcoin software that came up. He was well versed with cryptography and Cryptocurrencies, having worked in the development of PGP software. Moreover, he lived in the same neighbourhood as a man named Dorian Satoshi Nakamoto. When Dorian was confronted, he denied being the original Satoshi, stating that he wasn’t even aware of the bitcoin technology. Hal exchanged several emails with Satoshi, which many believe that he was sending to himself, a strategy adopted to distance himself from his invention. However, this association is merely a conjecture, never having been proved. But, in case Hal was Satoshi, the mystery may never be solved, as Hal passed away in 2014 due to Amyotrophic Lateral Sclerosis. ### Also Read: **Categories:** Blog --- ### [Decoding Stablecoins: Mastering Stability in the Crypto Market](https://blog.unocoin.com/decoding-stablecoins-mastering-stability-in-the-crypto-market/) **Published:** June 26, 2023 **Author:** Unocoin Growth **Content:** ## **1. Introduction to Stablecoins** Cryptocurrencies are known for their high volatility, which can make them challenging for day-to-day use. Stablecoins have emerged as a solution to this problem. These digital assets are designed to maintain a stable value by tying their price to a specific underlying asset, such as a fiat currency like the US dollar or a commodity like gold. They provide stability, liquidity and a known unit of account in the cryptocurrency world. ## **2. Solving Volatility in Cryptocurrencies** One of the key advantages of stablecoins is their ability to mitigate the extreme price volatility commonly associated with cryptocurrencies. While Bitcoin and other cryptocurrencies can experience significant price fluctuations over a short period of time, stablecoins maintain a stable value, usually equivalent to one unit of the underlying asset. This stability makes them suitable for a variety of use cases, including facilitating everyday transactions, hedging against market volatility, and storing value. ## **3. Maintaining a stable value** Stablecoins achieve stability through various mechanisms. Some are collateralized, meaning they hold reserves of the underlying asset that backs the value of the stablecoin. Others are algorithmic and use smart contracts to maintain stability. By tying their value to a specific asset, stablecoins aim to provide reliable and consistent value to users. ## **4. Examples of Stablecoins** Tether (USDT) is one of the most popular examples of a stablecoin. It is pegged to the US dollar, with each USDT token representing one dollar. Other examples include USD Coin (USDC), Dai (DAI), and Binance USD (BUSD). Each of these stablecoins has its own mechanisms to maintain stability and is widely used in the crypto market. ## **5. Use Cases for Stablecoins** Stablecoins have a wide variety of use cases. They can be used for everyday transactions, such as buying goods and services, without the risk of price fluctuations. In addition, stablecoins are often used as a trading pair on cryptocurrency exchanges, providing liquidity and facilitating efficient trading. They can also be used for money transfers as they offer a fast and cost-effective way to transfer value across borders. ## **6. Stability as a store of value** As cryptocurrencies are often seen as speculative assets, stablecoins serve as safe havens during market downturns. During periods of market turbulence, investors can convert their volatile cryptocurrencies into stablecoins to preserve the value of their holdings and mitigate potential losses. This makes stablecoins an attractive option for those looking for a reliable store of value within the crypto ecosystem. ## **7. Increasing liquidity in the crypto ecosystem** Stablecoins play a key role in increasing liquidity in the crypto ecosystem. Cryptocurrency exchanges often rely on stablecoins as a trading pair against other cryptocurrencies. By using stablecoins as an intermediary, traders can move in and out of positions quickly and efficiently without having to convert to traditional fiat currencies. This increases market efficiency, reduces transaction costs and enables seamless trading. ### **Conclusion:** In conclusion, stablecoins play a vital role in understanding stability in the crypto market. By providing stable value, they address concerns about cryptocurrency volatility, enable seamless transactions, offer a safe haven during market downturns, and increase liquidity. As the crypto industry continues to evolve, stablecoins are likely to remain a critical component that bridges the gap between the traditional financial system and the world of digital assets. **Categories:** Blog, Featured **Tags:** bitcoin, Btc, dai, Stable Coin, Unocoin, USDC, Usdt --- ### [Yield Farming Strategies for Optimizing DeFi Returns](https://blog.unocoin.com/yield-farming-strategies-for-optimizing-defi-returns/) **Published:** June 23, 2023 **Author:** Unocoin Growth **Content:** ## **1. Introduction to revenue management** Revenue farming has become a popular method for maximizing returns in the decentralized finance (DeFi) ecosystem. It involves lending or depositing cryptocurrencies on decentralized platforms in order to receive rewards, usually in the form of additional tokens. To optimize your yield farming efforts, it’s important to use effective strategies and follow key tips. ## **2. Research and choose the right platforms** Not all revenue farming platforms are created equal. It is essential to research and choose platforms with proven results, strong security measures and attractive rewards. Consider factors such as the reputation of the platform, audit reports, user reviews and the credibility of the team behind the project. Diversify your portfolio by trading across multiple platforms to minimize risk. ## **3. Understanding the risks and associated costs** Profitable farming is not without risks. The vulnerability of smart contracts, Impermanent loss and market volatility can affect your returns. Thoroughly evaluate the risks associated with each platform and strategy before investing your funds. In addition, be aware of gas fees on the Ethereum network, as high transaction costs can significantly reduce your profits. ## **4. APY and Impermanent Loss optimization** Annual Percentage Yield (APY) is a critical metric to consider when choosing a yield farming strategy. Look for platforms offering competitive APYs to maximize your returns. However, beware of the Impermanent loss that occurs when the value of stored assets differs from the value of farming rewards. Strategies such as providing liquidity in balanced pools or using yield aggregators can help mitigate it to an extent. ## **5. Monitoring and adjustment strategies** Profitable farming requires active monitoring and adaptation to changing market conditions. Keep a close eye on your farm positions, platform updates and market trends. Explore different strategies such as yield optimization platforms, automatic portfolio rebalancing tools or yield farming aggregators to simplify your process and potentially increase your earnings. ## **6. Risk management through staking and diversification** Consider investing your farm rewards in stablecoins or other low-risk assets to minimize exposure to market fluctuations. Diversify your portfolio by allocating funds across different platforms, tokens and farming strategies. This helps spread the risk and ensures that you are not too dependent on one platform or token. ## **7. Stay informed and learn from the community** Stay connected to the DeFi community by following industry news, participating in forums and joining social media groups. Join discussions, share insights and learn from experienced farmers. Community knowledge and collective wisdom can provide valuable tips, strategies and early insights into potential opportunities. ### **Conclusion** In conclusion, maximizing returns in yield management requires thorough research, careful risk management, and a willingness to adapt to changing market conditions. By choosing reputable platforms, optimizing APY, mitigating volatile losses and staying informed, you can increase your chances of success in the dynamic world of DeFi revenue farming. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Defi, Dex, Unocoin --- ### [Crypto Token Standards: A Comprehensive Guide to BRC-20, ERC-20 and BEP-20](https://blog.unocoin.com/crypto-token-standards-a-comprehensive-guide-to-brc-20-erc-20-and-bep-20/) **Published:** June 21, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction**: Crypto token standards have played a vital role in the widespread adoption and interoperability of blockchain-based assets. In this article, we will explore three major token standards: BRC-20, ERC-20, and BEP-20. Each standard represents a unique set of rules and features that govern tokens on different blockchain networks, namely Bitcoin Network (BRC-20), Ethereum Network (ERC-20) and Binance Smart Chain (BEP-20). ## **BRC-20 Tokens:** BRC-20 tokens are tokens that work on the Bitcoin network. This token standard is similar in concept to ERC-20 and BEP-20 and provides a framework for creating and managing tokens. BRC-20 tokens allow developers to build applications and smart contracts on the Bitcoin blockchain, opening up possibilities for tokenization in the Bitcoin ecosystem. While not as widely adopted as ERC-20 or BEP-20 tokens, BRC-20 tokens offer a unique tokenization solution for the Bitcoin community. ## **ERC-20 Tokens:** ERC-20 tokens are the most widespread and widely used token standard on the Ethereum network. This standard revolutionized the token economy, allowing the creation of fungible tokens with a consistent set of functions and properties. ERC-20 tokens provide seamless integration with various Ethereum-based applications, wallets, and exchanges. Their interoperability has fueled the growth of decentralized finance (DeFi), initial coin offerings (ICOs) and the wider Ethereum ecosystem. ERC-20 tokens offer features such as token transfer, balance checking, and token transfer approval, making them versatile and widely used. ## **BEP-20 tokens:** BEP-20 tokens are tokens that run on the Binance Smart Chain (BSC), which is compatible with the Ethereum Virtual Machine (EVM). BEP-20 tokens mirror the functionality of ERC-20 tokens, enabling seamless migration and interoperability between the BSC and Ethereum networks. With lower transaction fees and faster confirmation times compared to Ethereum, BEP-20 tokens have gained significant traction within the Binance Smart Chain ecosystem. They are commonly used for DeFi applications, decentralized exchanges (DEX) and other blockchain-based services on the BSC network. ## **Comparison of standards:** While all three token standards serve to create and manage tokens on their respective blockchain networks, there are some key differences to consider. BRC-20 tokens are specific to the Bitcoin network and offer tokenization opportunities within that ecosystem. ERC-20 tokens, on the other hand, are synonymous with the Ethereum network and have the widest acceptance and compatibility. Built on the Binance Smart Chain, BEP-20 tokens provide an alternative for developers looking for a more cost-effective and faster transaction experience compared to Ethereum. ### **Conclusion:** Crypto token standards such as BRC-20, ERC-20, and BEP-20 have played a key role in the tokenization of assets and the growth of blockchain ecosystems. While ERC-20 tokens have become an industry standard offering extensive interoperability and widespread adoption, BRC-20 tokens serve the Bitcoin community and BEP-20 tokens represent an alternative to the Binance smart chain. As blockchain technology continues to evolve, we can expect more token standards to emerge to address the unique needs of different networks and communities. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bep 20, bitcoin, bnb, BRC 20, bsc, Btc, erc 20, Eth, Ether, Unocoin --- ### [Demystifying ERC-20 Tokens: Your Ultimate Guide to Understanding and Harnessing Their Power](https://blog.unocoin.com/demystifying-erc-20-tokens-your-ultimate-guide-to-understanding-and-harnessing-their-power/) **Published:** June 19, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction**: ERC-20 tokens have revolutionized the world of blockchain and cryptocurrency by providing a standardized framework for tokenization on the Ethereum network. In this ultimate guide, we dive into the intricacies of ERC-20 tokens, their benefits, and their role in powering decentralized applications (DApps), initial coin offerings (ICOs), and the broader digital asset ecosystem. ## **Understanding ERC-20 Tokens:** ERC-20 is a token standard on the Ethereum blockchain that defines a set of rules and features that tokens must follow in order to be compatible with the Ethereum network. ERC-20 tokens are fungible, meaning that each token is interchangeable with another token of the same type. This standard became the basis for the vast majority of tokens issued on the Ethereum network. ## **Token creation and functionality:** Creating ERC-20 tokens involves developing a smart contract that complies with the ERC-20 standard. These smart contracts define the total supply of tokens as well as functions such as transferring tokens, checking balances and approving token transfers. ERC-20 tokens can represent a wide variety of assets, including utility tokens, security tokens, stablecoins, etc. ## **Use Cases and Benefits of ERC-20 Tokens:** ERC-20 tokens have opened up a number of possibilities within the blockchain ecosystem. Some common use cases include: **Utility Tokens:** ERC-20 tokens can be used to access specific features or services within a decentralized application, creating an incentive for users to engage with the platform. **Fundraising:** ERC-20 tokens have become a popular choice for conducting ICOs, allowing projects to raise capital by selling tokens to early adopters and investors. **Interoperability:** ERC-20 tokens are compatible with a wide range of Ethereum-based DApps, wallets and exchanges, facilitating seamless integration and increasing liquidity. **Governance and Voting:** ERC-20 tokens can grant holders voting rights in Decentralized Autonomous Organizations (DAOs) and enable community governance within decentralized protocols. ## **Challenges and Considerations:** While ERC-20 tokens have revolutionized tokenization, there are challenges and considerations to keep in mind: **Security**: Care should be taken to ensure that smart contracts governing ERC-20 tokens are properly audited and secured, as vulnerabilities can lead to potential abuse. **Gas Fees:** Since ERC-20 tokens operate on the Ethereum network, users must consider gas fees associated with transactions, which can fluctuate depending on network congestion. **Scalability**: Ethereum’s scalability limitations can result in network congestion during periods of high demand, affecting transaction speeds and costs. **Token Standards:** In addition to ERC-20, other token standards such as ERC-721 (NFT) and ERC-1155 (multi-token standards) offer unique features and functionality for specific use cases. ### **Conclusion**: ERC-20 tokens have changed the tokenization landscape, enabling the creation and management of digital assets on the Ethereum blockchain. Their standardized nature, broad compatibility, and a wide variety of use cases make ERC-20 tokens an integral part of decentralized finance (DeFi), gaming, collectibles, and more. As the Ethereum ecosystem continues to evolve, ERC-20 tokens are likely to play a key role in driving innovation and shaping the future of blockchain technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcopin, Btc, erc20, Ether, Ethereum, Unocoin --- ### [Exploring BEP-20 Tokens: Features, Use Cases, and More](https://blog.unocoin.com/exploring-bep-20-tokens-features-use-cases-and-more/) **Published:** June 16, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** BEP-20 tokens have gained significant popularity in the cryptocurrency world as they operate on the Binance Smart Chain (BSC). Similar to the well-known ERC-20 standard on Ethereum, BEP-20 tokens provide a framework for creating and interacting with digital assets on the Binance Smart Chain. This comprehensive guide will explore the fundamentals of BEP-20 tokens, their benefits, and how they can be utilized within the BSC ecosystem. ## **Understanding BEP-20 Tokens:** BEP-20 is a token standard on the Binance Smart Chain, enabling the creation of fungible tokens with specific functionalities and properties. These tokens are built on the BSC blockchain, offering fast transaction speeds and low fees compared to the Ethereum network. BEP-20 tokens are compatible with existing Ethereum-based applications, allowing for easy migration and interoperability between the two blockchains. ## **Creating and Managing BEP-20 Tokens:** To create BEP-20 tokens, developers follow a set of rules and guidelines outlined in the BEP-20 standard. They can then deploy smart contracts on the Binance Smart Chain to mint and manage these tokens. Users can hold and interact with BEP-20 tokens using compatible cryptocurrency wallets that support the Binance Smart Chain, such as Trust Wallet or MetaMask with the appropriate network settings. ## **Use Cases and Benefits of BEP-20 Tokens:** BEP-20 tokens serve a variety of purposes within the BSC ecosystem. They can be used as utility tokens to access services within decentralized applications (DApps), facilitate transactions on decentralized exchanges (DEXs), or even represent assets like stablecoins. Additionally, BEP-20 tokens can be utilized for fundraising through Initial Coin Offerings (ICOs) or Initial DEX Offerings (IDOs) on the Binance Smart Chain. ## **The Benefits of BEP-20 tokens include:** 1. **Interoperability:** BEP-20 tokens can seamlessly interact with other Binance Smart Chain-based applications and assets, providing a connected and integrated ecosystem. 2. **Cost and Efficiency:** The Binance Smart Chain offers fast transaction speeds and lower fees compared to Ethereum, making BEP-20 tokens a cost-effective choice for users. 3. **Compatibility:** BEP-20 tokens are compatible with existing Ethereum infrastructure, allowing for easy integration and adoption within the broader blockchain ecosystem. 4. **Ecosystem Support:** The Binance Smart Chain has a vibrant and rapidly growing ecosystem with various DApps, decentralized finance (DeFi) protocols, and community-driven projects, offering ample opportunities for BEP-20 token integration. ## **Conclusion**: BEP-20 tokens have emerged as a prominent token standard on the Binance Smart Chain, providing a robust framework for creating and managing digital assets. Their compatibility with existing Ethereum infrastructure and the growing ecosystem of the Binance Smart Chain make them an attractive choice for developers and users alike. With faster transactions, lower fees, and diverse use cases, BEP-20 tokens play a vital role in fueling innovation and growth within the BSC ecosystem. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are subject to market risks, and individuals should conduct their own research before making any investment decisions. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bep20, bitcoin, bsc, Btc, Unocoin --- ### [Rise of DRC-20 Tokens: Features and Benefits](https://blog.unocoin.com/rise-of-drc-20-tokens-features-and-benefits/) **Published:** June 14, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction**: The recent surge in Dogecoin transactions has caught the attention of many investors, thanks in part to the influence of notable figures such as Elon Musk. However, amid the popularity of meme coins, a new opportunity has emerged in the form of DRC-20 tokens that harness the power of the Dogecoin network. This article aims to provide insight into the world of DRC-20 tokens and their potential within the Dogecoin ecosystem. ## **Understanding DRC-20 Tokens:** DRC-20 tokens are fungible digital assets operating on the Dogecoin network, similar to ERC-20 tokens on the Ethereum network. These tokens facilitate interoperability between different DRC-20 tokens and services and serve various purposes such as granting voting rights and rewarding users. While DRC-20 tokens present opportunities, there are concerns about the potential creation of low-quality coins on the Dogecoin network. ## **DRC-20 token minting:** To join the DRC-20 ecosystem, a dpalwallet must be created, a necessary tool to interact with these tokens. By following simple steps and with minimal investment, anyone can mint their own DRC-20 tokens. The process involves creating a dpalwallet account, putting Doge in the wallet, and then minting tokens using the code provided. ## **Survey of DRC-20 projects:** Once individuals are familiar with the mining process, they can explore various projects within the DRC-20 ecosystem. Two examples include Cheems Token and Dogewow Club, each offering unique opportunities for token holders. It is important to note that thorough research and careful decision-making are key when investing in DRC-20 tokens or any cryptocurrency. ## **Key considerations:** Before diving into the DRC-20 ecosystem, it’s important to keep a few things in mind. The total supply of DRC-20 tokens is often unknown and there are currently no token sale markets available. Additionally, DRC-20 tokens can have a price of 0 and as with any other investment, individuals should only invest what they are willing to risk losing. ## **Conclusion**: While DRC-20 tokens represent an exciting opportunity within the Dogecoin network, it is vital to approach them with a balanced mindset. The cryptocurrency market is known for its volatility and new projects can be unpredictable. Thorough research and careful decision-making are key to mitigating risk. By being informed, vigilant and making decisions based on personal risk tolerance and investment strategy, individuals can potentially take advantage of the opportunities offered by DRC-20 tokens in the Dogecoin ecosystem. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Dogecoin, drc20, Unocoin --- ### [Strategies for Maximizing Profits in a Crypto Bull Market](https://blog.unocoin.com/strategies-for-maximizing-profits-in-a-crypto-bull-market/) **Published:** June 12, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction**: The cryptocurrency market is notorious for its volatility, and prices can skyrocket during a bull market, presenting excellent opportunities for investors. However, moving in such a market requires careful planning and strategy. In this article, we will explore some effective techniques and strategies to help you maximize your profits during a crypto bull market rally. ## **Set clear goals and set a plan:** Before diving into the market frenzy, it’s important to set clear goals and create a well-defined plan. Determine your risk tolerance, investment horizon and profit goals. This will help you stay focused and make informed decisions based on your specific goals. ## **Diversify your portfolio:** Diversification is a fundamental principle of investing. Allocate your capital among multiple cryptocurrencies to spread the risk. Choose a mix of established coins and promising projects with growth potential. That way, if one investment doesn’t perform well, others can offset losses and increase your overall returns. ## **Keep up with market research:** Stay informed about the latest developments in the crypto market. Follow reputable news sources, join crypto communities and engage in discussions to gain insight into potential investment opportunities. Before investing, do thorough research on projects, research their technology, team and market acceptance. ## **Use technical analysis:** Technical analysis can be a valuable tool for identifying trends and entry/exit points. Learn to read charts and indicators to identify optimal buying and selling opportunities. Technical analysis helps you make data-driven decisions and minimizes the impact of emotions on your trading. ## **Have a risk management strategy:** While bull markets can be exciting, it is essential to manage your risks effectively. Set stop-loss orders to limit potential losses in the event of a sudden market decline. Consider using trailing stops to lock in profits when the market is rising. Additionally, avoid investing more than you can afford to lose. ## **Be patient and avoid FOMO:** During a bull market, it’s common to experience fear of missing out (FOMO) when prices soar. However, it is crucial to remain patient and not chase every investment driven by hype. Stick to your plan and avoid impulsive decisions based on emotions. ## **Take profits and rebalance:** As the market recovers, it is important to regularly take profits and rebalance your portfolio. Selling a portion of your holdings allows you to lock in profits and mitigate potential losses. Rebalancing ensures that your portfolio remains consistent with your desired risk profile. ## **Conclusion:** A crypto bull market rally can be an exciting and lucrative time for investors. By using the right strategies, such as setting clear goals, diversifying your portfolio, conducting thorough research and using technical analysis, you can maximize your profits while effectively managing your risks. Remember to stay disciplined, stay informed and avoid succumbing to FOMO. With careful planning and execution, you can make the most of a crypto bull market and position yourself for long-term success in the cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, bull market, Crypto, Investing, strategy, Trading, Unocoin --- ### [BRC-20 vs. ERC-20 vs. BEP-20: Understanding the Key Differences](https://blog.unocoin.com/brc-20-vs-erc-20-vs-bep-20-understanding-the-key-differences/) **Published:** June 9, 2023 **Author:** Unocoin Growth **Content:** ### **Introduction**: Blockchain technology revolutionized the cryptocurrency world by introducing the concept of tokenization. Tokens represent digital assets or tools within the blockchain ecosystem. ERC-20, BRC-20 and BEP-20 are three prominent token standards used on various blockchain platforms. This article aims to dive into the key differences between these standards, highlight their features, and performance and compare their pros and cons. ## **ERC-20: Ethereum’s Token Standard** **Example**: Ether (ETH), Chainlink (LINK), Uniswap (UNI) **Performance**: ERC-20 tokens benefit from Ethereum’s large user base and extensive developer community. Ethereum’s established ecosystem enables robust decentralized applications (DApps) and smart contracts. ### **Pros**: **Wide adoption:** ERC-20 tokens have gained significant popularity and have been widely adopted in various applications, exchanges and wallets. **Interoperability**: ERC-20 tokens can seamlessly interact with other Ethereum-based tokens, increasing liquidity and compatibility. ### **Disadvantages**: **Scalability**: Ethereum’s scalability issues have led to network congestion and high transaction fees, affecting users of ERC-20 tokens. **Limited functionality:** ERC-20 tokens have limitations when it comes to more complex functionality such as handling non-fungible tokens (NFTs). ### **BRC-20 Tokens:** **Example**: Ordinals, Shib, Piza, VMPX, etc - Compatibility with the Bitcoin network allows for seamless integration. - Simple tokenization process, user friendly. - Security is enhanced by leveraging Bitcoin’s robust blockchain. - Potential for growth and innovation with a diverse user base. ### **Disadvantages of BRC-20 Tokens:** - No smart contract feature limits the possibilities. - Dependence on the Bitcoin blockchain can lead to issues with scalability and transaction speed. - Limited interoperability with other blockchain networks. - Not suitable for tokenizing non-fungible assets or implementing complex functions. ### **BEP-20: Binance Chain’s Token Standard** **Example**: BUSD (Binance USD), BakeryToken (BAKE), Safemoon (SAFEMOON) **Performance**: BEP-20 tokens are native to the Binance chain and provide high-speed and low-cost transactions. Binance Chain’s simplicity allows efficient token creation and management. ### **Pros:** **Efficiency**: BEP-20 tokens offer fast block times and low transaction fees, making them suitable for applications that require fast and frequent token transfers. **Seamless integration:** BEP-20 tokens can be easily integrated into the Binance Chain ecosystem, including wallets, exchanges and DApps. ### **Disadvantages**: **Limited Ecosystem:** The Binance Chain ecosystem is not as extensive as Ethereum, resulting in fewer development tools, DApps, and exchanges supporting BEP-20 tokens. **Potential Centralization:** Similar to Binance Smart Chain, there are concerns about the level of centralization within the Binance Chain network. ## **Conclusion**: Choosing between BRC-20, ERC-20, and BEP-20 tokens depends on various factors, including scalability needs, decentralization preferences, and ecosystem support. ERC-20 tokens have the advantage of wider adoption, extensive tools and interoperability. BRC-20 tokens offer compatibility with the Bitcoin network allowing for seamless integration. BEP-20 tokens provide efficiency and simplicity within the Binance Chain ecosystem. Ultimately, the choice should be based on the specific requirements and goals of the token issuer, taking into account factors such as transaction speed, cost, decentralization, and ecosystem support. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development, Featured **Tags:** bep 20, bitcoin, BRC 20, Btc, erc 20, Unocoin --- ### [Cryptocurrency Trading Strategies for Beginners: A Comprehensive Guide](https://blog.unocoin.com/cryptocurrency-trading-strategies-for-beginners-a-comprehensive-guide/) **Published:** June 7, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Cryptocurrency trading can be an exciting and potentially profitable venture, but it requires careful planning, research and disciplined execution. The goal of this blog is to provide beginners with strategies and tips to navigate the cryptocurrency market effectively. ## **Educate yourself:** Before you start trading cryptocurrencies, it is important to understand the underlying technology and market dynamics. Learn about blockchain, different cryptocurrencies and their use cases. You will learn about fundamental analysis (assessing project teams, partnerships and news) and technical analysis (chart patterns, indicators and trends). **Example**: Suppose you are interested in investing in Ethereum (ETH). Start by understanding Ethereum’s functionality, its smart contract capabilities, and its potential for decentralized applications. Analyze recent news and developments in the Ethereum ecosystem to gain insight into its growth prospects. ## **Set clear goals and risk tolerance:** Define your investment goals and risk tolerance before entering the market. Determine how much capital you can afford to risk and set realistic return expectations. This will help you make informed decisions and avoid emotional trading. **Example**: If your goal is long-term wealth accumulation, you might consider investing a portion of your portfolio in established cryptocurrencies such as Bitcoin (BTC) or Ethereum. On the other hand, if you are comfortable with higher risk, you can allocate a smaller portion to promising but volatile altcoins. ## **Develop a strategy:** Create a well-defined trading strategy that outlines your entry and exit points, position sizing and risk management techniques. Stick to your strategy and avoid impulsive decisions based on market fluctuations. **Example**: A swing trading strategy involves taking advantage of short- to medium-term price swings. You can identify support and resistance levels on the price chart, place buy orders near support levels and sell orders near resistance levels. By following your strategy, you minimize emotional decision-making. ## **Practice risk management:** Implement risk management techniques such as setting stop-loss orders to limit potential losses and using proper position sizing. Diversify your portfolio by investing in different cryptocurrencies to mitigate risk. **Example**: If you decide to invest $1,000, consider allocating a specific percentage (eg 2-5%) to each cryptocurrency in your portfolio. That way, if one investment performs poorly, others can potentially offset the losses. ## **Stay informed:** Stay informed about the latest cryptocurrency news, market trends and regulatory developments. Join online communities, follow trusted influencers and use reputable news sources to make well-informed business decisions. **Example**: If a major exchange announces support for a particular cryptocurrency, it can result in a spike in price. If you stay informed, you can take advantage of such opportunities or take protective measures if negative news emerges. ### **Conclusion:** Trading cryptocurrencies requires patience, knowledge and discipline. By following this beginner’s plan, you can build a solid foundation for your trading journey. Remember to constantly educate yourself, set clear goals and stick to your strategy while implementing the right risk management techniques. Good luck with your cryptocurrency trading! Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin Trading, Btc, Crypto, Unocoin --- ### [Exploring the Synergy Between Crypto and Environmental Sustainability](https://blog.unocoin.com/exploring-the-synergy-between-crypto-and-environmental-sustainability/) **Published:** June 5, 2023 **Author:** Unocoin Growth **Content:** ## **World Environment Day** As World Environment Day, it is crucial to explore innovative solutions that can contribute to a more sustainable future. In this vein, some proponents argue that cryptocurrency mining has the potential to promote positive environmental outcomes compared to certain industries. While it’s important to acknowledge both the benefits and the challenges, let’s highlight the potential upsides of cryptocurrency mining ## **Adoption of renewable energy:** Cryptocurrency mining can incentivize the use of renewable energy sources by stimulating demand for cost-effective and sustainable energy solutions. As miners seek out regions with excess renewable energy production, this could potentially accelerate the transition to cleaner energy and reduce dependence on fossil fuels. ## **Technological Advances:** The energy intensity of cryptocurrency mining has encouraged research and investment in energy storage technologies. This can have a knock-on effect, benefiting not only the mining industry but also the wider renewable energy sector by encouraging the development of efficient energy storage solutions, making renewable energy sources more reliable and affordable. ## **Economic Opportunities:** The growth of cryptocurrency mining operations can provide economic opportunities for regions that have traditionally relied on industries with negative environmental impacts. By creating jobs and encouraging investment, crypto mining has the potential to support communities in transitioning to more sustainable economic models. ## **Innovation and Efficiency:** The computing power required for mining supports continuous optimization efforts, leading to more energy-efficient hardware and algorithms. These advances can have a positive impact beyond cryptocurrency mining, as they can be used in other energy-intensive industries, leading to improvements in overall energy efficiency. While it is essential to approach these potential benefits with critical thinking and address the associated challenges, embracing dialogue and innovation within the cryptocurrency mining industry can help pave the way for more environmentally friendly practices. ### **Conclusion:** On World Environment Day, let’s encourage continued discussion and collaboration among stakeholders, including cryptocurrency mining companies, environmental experts, and policymakers to ensure the industry moves toward sustainability goals. By actively solving problems and using the positive aspects, we can strive for a greener future while taking advantage of technological progress. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Mining, Unocoin --- ### [The Emergence of Algorithmic Trading in Cryptocurrency Markets](https://blog.unocoin.com/the-emergence-of-algorithmic-trading-in-cryptocurrency-markets/) **Published:** June 2, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Algorithmic trading, also known as automated or algo trading, has seen a significant rise in popularity in the cryptocurrency markets. This article examines the growing adoption of algorithmic trading strategies in the crypto space, examines their impact, and provides interesting facts about the phenomenon. ## **What is algorithmic trading?** Algorithmic trading involves the use of pre-programmed instructions to automatically execute trades based on specific parameters such as price, volume or market conditions. These algorithms can analyze vast amounts of data and execute trades at high speeds, often beyond human capabilities. ## **Increased efficiency and speed:** Algorithmic trading brings increased efficiency and speed to cryptocurrency markets. Automating the trading process eliminates human bias and emotion and ensures the fast execution of trades. This allows market participants to take advantage of price fluctuations and seize opportunities in real-time. ## **Liquidity and market depth:** Algorithmic trading helps improve liquidity and market depth in cryptocurrency markets. The ability to quickly enter and exit positions based on pre-defined criteria helps facilitate smoother market operations. High-Frequency Trading (HFT), a subset of algorithmic trading, is known for its ability to provide liquidity and tight bid-ask spreads. ## **Technical analysis and strategy implementation:** Algorithmic trading relies heavily on technical analysis indicators and strategies. Using historical and real-time market data, algorithms can identify patterns, trends and anomalies. These strategies can range from simple moving average transitions to complex machine-learning models that allow traders to execute trades based on quantitative insights. ## **Arbitrage opportunities:** Algorithmic trading allows traders to capitalize on arbitrage opportunities in the cryptocurrency markets. With the ability to monitor multiple exchanges simultaneously, algorithms can identify price differences and execute trades to take advantage of these discrepancies. This promotes market efficiency by narrowing price spreads between exchanges. ## **Interesting Facts:** - The use of algorithmic trading in the cryptocurrency market has skyrocketed in recent years, with estimates suggesting that over 80% of crypto trades are done by algorithms. - High-Frequency Trading (HFT) algorithms can execute trades in microseconds, demonstrating the lightning-fast nature of algorithmic trading in the crypto space. - Cryptocurrency exchanges often provide APIs (Application Programming Interfaces) that allow developers to connect their trading algorithms directly to the exchange’s trading engine. - Some algorithmic trading strategies in the crypto market include sentiment analysis, where algorithms analyze sentiment and social media reports to predict market movements. ### **Conclusion**: The rise of algorithmic trading has had a profound impact on cryptocurrency markets, bringing increased efficiency, speed and liquidity. Traders and market participants use the power of automation and quantitative analysis to precisely execute trades and take advantage of market opportunities. As the crypto market continues to evolve, algorithmic trading is likely to play an increasingly significant role in shaping its dynamics and promoting market efficiency. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** algo trading, bitcoin, bot trading, Btc, Crypto, Unocoin --- ### [Unlocking the Potential of Smart Contracts in the Crypto Space](https://blog.unocoin.com/unlocking-the-potential-of-smart-contracts-in-the-crypto-space/) **Published:** May 31, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Smart contracts, powered by blockchain technology, are poised to revolutionise the way transactions and agreements are executed. This article explores the transformative potential of smart contracts in the crypto space, highlighting their benefits and providing interesting facts and examples. ## **Automation and Efficiency:** Smart contracts enable the automation of contract execution, streamlining processes and reducing costs. By eliminating intermediaries, transactions become faster, more efficient, and less prone to errors. For example, in supply chain management, smart contracts can automate payment settlements and ensure timely delivery, reducing administrative burdens and increasing operational efficiency. ## **Enhanced Security and Transparency:** Smart contracts leverage blockchain’s inherent security and transparency. Once deployed on the blockchain, they are tamper-proof and resistant to fraud. The transparent nature of blockchain ensures that all participants can access and verify the contract’s terms and execution. This eliminates the need for trust in a centralised authority, enhancing security and fostering trust among participants. ## **Eliminating Counterparty Risk:** Smart contracts remove counterparty risk by automating contract enforcement. They execute predefined actions only when specific conditions are met, providing a trustless environment for transactions. For instance, in decentralised exchanges, smart contracts facilitate peer-to-peer trading, ensuring that assets are transferred only when both parties fulfill their obligations, eliminating the risk of default. ## **Programmable Money and Tokenization:** Smart contracts enable programmable money and tokenisation, expanding the possibilities of the crypto space. Tokens can represent assets, ownership rights, or even functions within decentralised applications (DApps). This opens avenues for crowdfunding, decentralised governance, and the creation of new financial instruments. An example is the rise of Initial Coin Offerings (ICOs), where companies tokenise their projects to raise funds directly from the public. ## **Decentralised Finance (DeFi) Applications:** Smart contracts have played a crucial role in the growth of decentralised finance (DeFi). DeFi platforms leverage smart contracts to provide a wide range of financial services, such as lending, borrowing, and yield farming, without intermediaries. Notable examples include lending platforms like Compound and decentralised exchanges like Uniswap, which offer decentralised and permissionless financial solutions. ## **Interesting Fact:** The concept of smart contracts was first introduced by computer scientist Nick Szabo in the 1990s, long before the advent of blockchain technology. ### **Conclusion:** Smart contracts are poised to revolutionise the crypto space by providing automation, security, and transparency. With the potential to streamline processes, eliminate intermediaries, and enable programmable money, smart contracts unlock new possibilities for innovation. As seen in the growth of DeFi and tokenisation, the impact of smart contracts is already evident. Embracing this transformative technology will lead to a more efficient, transparent, and decentralised future in the crypto space. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Smart Contracts, Unocoin --- ### [The Impact of Crypto Exchanges on the Future of E-commerce](https://blog.unocoin.com/the-impact-of-crypto-exchanges-on-the-future-of-e-commerce/) **Published:** May 29, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Cryptocurrencies have come a long way in recent years and have revolutionized various industries, and e-commerce is no exception. As digital currencies become more mainstream, the emergence of crypto exchanges has brought about a transformational shift in the e-commerce landscape. This article examines the impact of crypto exchanges on the future of e-commerce, highlighting key examples and interesting facts that demonstrate their potential. ## **Improved global availability:** Crypto exchanges facilitate seamless cross-border transactions, eliminating the need for traditional banking systems. This improves the accessibility of e-commerce platforms and allows businesses to reach a global customer base without the limitations of fiat currencies. Platforms like BitPay and CoinGate, for example, have enabled merchants to accept cryptocurrencies, allowing customers around the world to shop with ease. ## **Reduced transaction costs:** Traditional payment methods often require high transaction fees, especially for international transactions. Crypto exchanges offer a more cost-effective alternative that allows e-commerce businesses to streamline payment processes and significantly reduce transaction costs. The absence of intermediaries such as banks or payment processors further increases cost savings. Companies like Overstock and Newegg have successfully integrated crypto payment options, allowing customers to enjoy lower fees and faster transactions. ## **Enhanced security and privacy:** One of the fundamental aspects of cryptocurrencies is the use of blockchain technology, which ensures secure and transparent transactions. Crypto exchanges use this technology to provide a secure payment environment for e-commerce transactions. With cryptographic encryption and decentralized storage, customer data is protected, minimizing the risk of fraud and identity theft. Additionally, the pseudonymous nature of crypto transactions offers better privacy, which appeals to customers who value data protection.\\ ## **Tokenization and loyalty programs:** Crypto exchanges paved the way for tokenization, allowing businesses to create their own digital tokens. These tokens can be used as loyalty rewards, allowing e-commerce platforms to incentivize customer engagement and foster brand loyalty. For example, platforms like Lolli offer Bitcoin rewards to customers who shop at their merchant partners, encouraging repeat purchases and customer retention. ## **Potential for decentralized marketplaces:** The rise of decentralized finance (DeFi) and blockchain-based smart contracts has opened the door to the development of decentralized marketplaces. These platforms operate on blockchain technology, removing middlemen and enabling peer-to-peer transactions. Decentralized marketplaces can revolutionize e-commerce, empowering small businesses and individual sellers while providing buyers with a wider range of products and services. Examples like OpenBazaar and Origin Protocol demonstrate the potential of decentralized marketplaces in the future of e-commerce. ### **Conclusion:** Crypto exchanges have brought significant benefits to the e-commerce industry and revolutionized the way transactions are done. With improved accessibility, reduced costs, improved security, and innovative tokenization and loyalty programs, these exchanges are reshaping the future of e-commerce. Additionally, the potential for decentralized marketplaces presents exciting opportunities for further disruption. As cryptocurrencies continue to gain adoption, e-commerce businesses must adapt and embrace the benefits offered by crypto exchanges to stay ahead of the evolving digital landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, ecomm, Unocoin --- ### [Privacy Coins on the Rise: Exploring Their Potential in Crypto Exchanges](https://blog.unocoin.com/privacy-coins-on-the-rise-exploring-their-potential-in-crypto-exchanges/) **Published:** May 26, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** In the field of cryptocurrencies, privacy has emerged as a major concern for users seeking anonymity and increased security. Privacy coins, a specialized category of cryptocurrencies designed to prioritize user privacy and transaction confidentiality, have gained significant traction in recent years. This article delves into the growing importance of privacy coins and explores their potential implications for crypto exchanges. ## **Understanding Privacy Coins: A New Privacy Paradigm** **Definition of Private Coins:** Private coins such as Monero (XMR), Zcash (ZEC), and Dash (DASH) are cryptocurrencies that emphasize the privacy and anonymity of transactions. Unlike transparent cryptocurrencies such as Bitcoin (BTC), private coins use advanced cryptographic techniques to obfuscate transaction details, protect user identities, and conceal transaction amounts. This increased focus on privacy sets privacy coins apart from their mainstream counterparts. ## **Enhanced Privacy and Anonymity: Addressing User Issues** **Privacy as a Fundamental Right:** With growing concerns about data privacy and the potential misuse of personal data, privacy coins address a critical need within the crypto community. By offering enhanced privacy and anonymity features, privacy coins allow users to shield their financial transactions from prying eyes, promoting a sense of control and security. ## **Challenges and Controversies: Regulatory Scrutiny** **Regulatory Implications:** The increased privacy of privacy coins has attracted regulatory scrutiny in various jurisdictions. Government authorities and regulators argue that the anonymity provided by private coins can facilitate illegal activities such as money laundering and tax evasion. As a result, privacy coins face challenges and potential regulatory restrictions that may affect their adoption on traditional crypto exchanges. ## **Opportunities for Crypto Exchanges: Diversification and User Demand** **Expanding Cryptocurrency Market:** Privacy coins present an opportunity for crypto exchanges to diversify their offerings and meet the growing demand for privacy-focused cryptocurrencies. By listing privacy coins on their platforms, exchanges can attract users who value privacy and expand their user base. This diversification can contribute to increased business volume and overall market growth. ## **Balancing privacy and compliance: A subtle approach** **Compliance Measures:** To address regulatory concerns while meeting user demand for privacy-protecting coins, crypto exchanges must strike a delicate balance. Implementing robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures can help ensure compliance with regulatory frameworks. In this way, exchanges can facilitate the trading of private coins while mitigating the risk of illegal activities. ### **Conclusion:** The rise of privacy coins underscores the growing importance of privacy and anonymity in the cryptocurrency ecosystem. As users seek increased privacy, private coins offer a viable solution, although they face regulatory challenges. Crypto exchanges can capitalize on the growing demand for privacy-focused cryptocurrencies by strategically incorporating privacy coins into their platforms while implementing effective compliance measures. This delicate balance allows exchanges to satisfy user preferences, drive market growth, and embrace the evolving digital financial privacy landscape. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development **Tags:** bitcoin, Btc, Crypto, Privacy, private coin, Unocoin --- ### [The Impact of Quantum Computing on Crypto Exchanges](https://blog.unocoin.com/the-impact-of-quantum-computing-on-crypto-exchanges/) **Published:** May 24, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Quantum computing, an extraordinary technology that uses the principles of quantum mechanics to perform complex calculations at incredible speeds, has gained significant attention in recent years. As this technology continues to evolve, it has the potential to deeply impact various industries, including cryptocurrency exchanges. This article delves into the implications of quantum computing on crypto exchanges, exploring both the potential disruption and opportunities it may bring. ## **Security bugs: a threat** **Quantum threat to cryptographic systems:** Cryptocurrencies rely heavily on cryptographic algorithms such as RSA and elliptic curve cryptography to protect transactions and protect users’ funds. These algorithms are built on mathematical problems, the solution of which is considered computationally demanding by classical computers. However, quantum computers, armed with quantum algorithms such as Shor’s algorithm, have the potential to break these encryption methods. As a result, the security, privacy and integrity of cryptocurrencies and blockchain technology face significant threats. ## **Opportunities for Innovation: Quantum-Resistant Algorithms** **Pioneering Post-Quantum Cryptography:** Despite the threat that quantum computing poses to current cryptographic systems, it also represents an opportunity for innovation and progress. The development of quantum-resistant algorithms, also known as post-quantum cryptography, aims to address these vulnerabilities. Scientists are actively working on creating new cryptographic algorithms that can withstand attacks from quantum computers. To ensure the long-term security of their platforms and user assets, crypto exchanges must adopt these quantum-resistant algorithms. ## **Increased Efficiency and Scalability: The Potential of Quantum Computing** **Speeding up transactions and improving performance:** Quantum computing has the potential to increase the efficiency and scalability of crypto exchanges. The exceptional speed and computing power of quantum computers can facilitate faster transaction processing, thereby improving overall exchange performance. In addition, quantum computing algorithms can help in data analysis, risk management and optimization of trading strategies. This could allow crypto exchanges to offer more advanced trading services and provide users with better liquidity options. ## **Cooperation and Regulation: Navigating the Quantum Era** **Building bridges between the quantum and cryptocurrency communities:** As quantum computing continues to evolve, collaboration between the quantum and cryptocurrency communities becomes paramount. Researchers, developers, and industry experts must work together to solve the security challenges posed by quantum computing and develop quantum-resistant solutions for the crypto ecosystem. Through joint efforts, the integration of quantum technologies into the crypto industry can be safely achieved. **Adaptive Regulations for a Secure Future:** Regulators play a critical role in adapting policies to ensure the secure integration of quantum technologies into the crypto industry. Remaining vigilant and responsive to the evolving environment is critical to protecting the interests of users and the overall integrity of the market. ### **Conclusion:** Quantum computing presents both threats and opportunities for crypto exchanges. The vulnerability of current cryptographic algorithms requires immediate attention and the adoption of quantum-resistant solutions. However, it is necessary to realize the potential advantages that quantum computers offer. Through collaboration, innovation, and regulatory adaptation, crypto exchanges can harness the power of quantum computing to improve their operations, provide superior services, and unlock new possibilities for the future of digital finance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Quantum, Unocoin --- ### [Exploring how blockchain technology can enable transparent and accountable charitable giving](https://blog.unocoin.com/exploring-how-blockchain-technology-can-enable-transparent-and-accountable-charitable-giving/) **Published:** May 23, 2023 **Author:** Unocoin Growth **Content:** Blockchain technology is poised to revolutionize the way charitable giving is done, offering greater transparency and accountability in the process. Charities and nonprofits are increasingly turning to blockchain to improve their operations, increase donations, and better track the impact of their programs. One of the key benefits of blockchain technology is its ability to provide a transparent and secure ledger of transactions. Thanks to blockchain, donors can see exactly where their money is going and charities can provide clear information on how the funds are being used. This transparency builds trust and helps ensure that donations are used effectively. Another benefit of blockchain is its ability to streamline the donation process. Donors can contribute quickly and easily without the need for intermediaries such as banks or payment processors. This reduces transaction costs and allows charities to receive donations more quickly, enabling them to respond more quickly to urgent needs. Blockchain technology also offers the potential for more efficient and effective aid distribution. Smart contracts, which are self-executing contracts where the terms of the agreement between buyer and seller are written directly into lines of code, can be used to automate the distribution of funds and ensure that aid is delivered to those who need it most. This can help reduce the risk of fraud and ensure that help is provided in a timely and effective manner. In addition, blockchain technology can help charities track the impact of their programs. By using blockchain to record and verify data, charities can provide donors with real-time updates on the progress of their programs and their impact. This can help build trust with donors and encourage more donations. Overall, blockchain technology has the potential to change the way charitable giving is done. By providing transparency, streamlining the donation process, enabling more efficient distribution of aid, and tracking the impact of programs, blockchain can help charities and nonprofits achieve their goals more effectively. As technology continues to evolve and expand, we can expect to see even more innovative solutions in the field of charitable giving. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Smart Contracts, Unocoin --- ### [Bitcoin Pizza Day: Celebrating the Revolutionary Purchase That Made History](https://blog.unocoin.com/bitcoin-pizza-day-celebrating-the-revolutionary-purchase-that-made-history/) **Published:** May 22, 2023 **Author:** Unocoin Growth **Content:** Bitcoin Pizza Day is celebrated every year on May 22 and marks an important milestone in the history of Bitcoin. It commemorates the first documented real-world transaction involving Bitcoin, when a man named Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins. On May 22, 2010, Hanyecz, an early Bitcoin user, posted an offer on the Bitcointalk forum to pay someone 10,000 Bitcoins in exchange for two pizzas. At that time, the value of Bitcoin was extremely low and it had not yet gained widespread recognition or value. Still, Hanyecz wanted to demonstrate the utility and potential of cryptocurrency by using it for everyday purchases. A user named “jercos” responded to Hanyecz’s offer and agreed to the transaction. Hanyecz sent 10,000 bitcoins to jercos, who then ordered pizza from a local Papa John’s franchise in the United States. The transaction was successfully completed and Hanyecz received his two pizzas in exchange for 10,000 Bitcoins. The significance of Bitcoin Pizza Day is that those 10,000 bitcoins used in a pizza transaction would be worth a significant amount today. As Bitcoin has grown in value over the years, the transaction has become an example of a missed opportunity or, in some cases, an illustration of early adoption and experimentation with cryptocurrencies. Bitcoin Pizza Day serves as a reminder of the progress and growth of Bitcoin, the growing acceptance of cryptocurrency in everyday transactions, and the incredible appreciation of Bitcoin’s value since its inception. It is a significant event in the history of Bitcoin and a symbol of its journey from a niche digital currency to a global phenomenon. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, News **Tags:** bitcoin, Btc, Crypto, pizza day, Unocoin --- ### [Bitcoin Pizza Day Contest](https://blog.unocoin.com/bitcoin-pizza-day-contest/) **Published:** May 18, 2023 **Author:** Unocoin Growth **Content:** **Join Our Pizza Day Trading Contest and Win 2 Free Pizzas!** We’re excited to announce our upcoming Pizza Day Trading Contest, where trades can put their trading skills to the test and have a chance to win two delicious pizzas on us! **Contest Details:** - Date: Monday 22nd May 2023. - Duration: 24hrs trade volume - Eligibility: Open to all traders, both new and experienced - Goal: The participant with the highest volume (INR) of trading during the contest period will be declared the winner on 24th May 2023 - Prize: Two pizzas from the Nearby pizza store of the winner’s location delivered straight to their doorstep! **How to Participate:** 1. Ensure you have an active account on our platform. If you don’t have one, sign up for free at [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) . 2. Make sure you have the necessary funds available in your account for trading. 3. The participant with the highest number of trade Volumes will be crowned the Pizza Day Trading Champion and receive two free pizzas. Remember, this contest is not only about winning pizzas but also an opportunity to enhance your trading skills and engage with our vibrant community of traders. Keep an eye on our social media channels and website for more updates and exciting events throughout the contest period. Should you have any questions or need assistance, feel free to reach out to our dedicated support team at [support@unocoin.com](http://support@unocoin.com/) or 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) Get ready to savor the taste of victory with our Pizza Day Trading Contest! Happy trading and good luck! **Categories:** Blog, Featured **Tags:** bitcoin, Btc, pizza day, Unocoin, Unocoin Contest --- ### [The Impact of Social Media on Crypto Prices: Exploring the Connection](https://blog.unocoin.com/the-impact-of-social-media-on-crypto-prices-exploring-the-connection/) **Published:** May 17, 2023 **Author:** Unocoin Growth **Content:** Social media sentiment analysis is a powerful tool that can help marketers make smarter, more informed trading decisions. With the explosion of social media, millions of users share their opinions and emotions about different companies, products and services in real-time. By analyzing this data, traders can gain valuable insights into market sentiment and make more informed trades. Social media sentiment analysis involves using natural language processing (NLP) and machine learning algorithms to analyze social media data and classify it as positive, negative or neutral. This data can then be used to gauge market sentiment and identify trends that can help traders make better trading decisions. For example, if sentiment analysis reveals that a large number of social media users express negative opinions about a particular company or product, traders can take this as a signal to sell the stock. Conversely, if sentiment analysis shows that there is a lot of positive buzz around the company, traders may decide to buy the stock. In addition to helping marketers make better decisions, social media sentiment analysis can also help them stay on top. By analyzing social media data in real-time, marketers can identify emerging trends and get ahead of the competition. For example, if sentiment analysis reveals that there is a lot of positive buzz around a new product or service, traders may decide to invest in the company before the rest of the market catches on. However, it is important to note that social media sentiment analysis is not a reliable method for predicting market trends. Social media sentiment is only one of the factors traders should consider when making trading decisions and should be used in conjunction with other analytical tools and market data. In conclusion, social media sentiment analysis is a powerful tool that can help traders make smarter trading decisions. By analyzing social media data in real-time, marketers can gain valuable insights into market sentiment and identify new trends. While it should be used in conjunction with other analytical tools and market data, social media sentiment analysis can give traders a competitive edge in today’s fast-paced business environment. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, sentiment analysis, social media, Unocoin --- ### [Exploring the Potential of DAOs (Decentralised Autonomous Organisations) in Crypto: A Comprehensive Guide](https://blog.unocoin.com/exploring-the-potential-of-daos-decentralized-autonomous-organizations-in-crypto-a-comprehensive-guide/) **Published:** May 15, 2023 **Author:** Unocoin Growth **Content:** DAOs (decentralised autonomous organisations) are a type of organisation that operates through the blockchain, allowing participants to make collective decisions through a consensus mechanism without the need for a central authority. DAOs have been gaining traction recently, especially in the crypto industry. Here are some of the benefits, problems, and use cases of DAOs: ## **Advantages of DAO:** ### **Decentralisation**: DAOs eliminate the need for a central authority or intermediary, making them more decentralised and democratic. This means that everyone in the DAO has an equal say in decision-making, regardless of their status or position. ### **Transparency**: DAOs operate on a public blockchain, which means that all transactions and decisions made within the organisation are transparent and publicly accessible to anyone. ### **Efficiency:** DAOs use smart contracts to automate decision-making, making it faster and more efficient than traditional organisations. ### **Trustless:** DAOs operate on trustless systems, meaning there is no need to trust a central authority or intermediary to make decisions or enforce rules. ### **Accessibility:** DAOs are accessible to anyone with an internet connection, allowing for global participation and the ability to pool resources from around the world. ## **DAO Challenges:** ### **Complexity:** Setting up and running a DAO can be complex, requiring a deep understanding of blockchain technology and smart contract programming. ### **Governance:** DAOs require effective governance mechanisms to ensure that decisions are made fairly and democratically, which can be difficult in practice. ### **Security:** DAOs are vulnerable to security threats such as hackers and cyber-attacks, which can lead to loss of funds and damage to the organisation’s reputation. ### **Legal and regulatory issues:** DAOs operate in a legal grey area and their operation and governance are not sufficiently clear. ### **Scalability**: DAOs currently have limited scalability, with some networks experiencing congestion and slow transaction times during periods of high activity. ## **DAO use cases:** ### **Decentralised Finance (DeFi):** DAOs are widely used in the DeFi space, allowing users to pool their resources and make collective investment decisions. ### **Social organisations:** DAOs can be used for social organisations such as charities and non-profits, allowing transparent and democratic decision-making and distribution of funds. ### **Game and virtual worlds:** DAOs can be used in-game and virtual worlds, allowing for decentralised decision-making about the development and management of these worlds. ### **Supply chain management:** DAO can be used in supply chain management, enabling transparent and efficient decision-making on the production and distribution of goods. ### **Artistic and creative projects:** DAOs can be used in artistic and creative projects, allowing for democratic decision-making on project funding and development. In conclusion, DAOs offer a number of advantages such as decentralisation, transparency and efficiency, but they also come with their own set of challenges such as complexity, governance and security. Despite these challenges, DAOs have many potential use cases, and we will likely see more DAOs emerge in the future as technology evolves. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Dao, Unocoin --- ### [Understanding the creation, functionality and risks of BRC-20 tokens](https://blog.unocoin.com/understanding-the-creation-functionality-and-risks-of-brc-20-tokens/) **Published:** May 11, 2023 **Author:** Unocoin Growth **Content:** ## **Introducing BRC-20 Tokens** BRC-20 tokens are an experimental token standard built on the Bitcoin blockchain that enables the creation and transfer of fungible tokens. Similar to ERC-20 Ethereum tokens, BRC-20 tokens have their own unique mechanisms and features. ## **Creation and background** In January 2023, the Bitcoin Ordinals protocol enabled non-fungible tokens (NFTs) to be written on satoshis (sats). This led to the development of the BRC-20 token standards in March 2023 by a programmer named Domo, which allows the minting of fungible tokens on the Bitcoin blockchain. The first BRC-20 token introduced was “ordi”, followed by many other tokens, including meme tokens, in the following months. Increased demand for BRC-20 tokens has led to congestion on the Bitcoin network and higher transaction fees. ## **The functionality of BRC-20 tokens** Understanding the Bitcoin Ordinals protocol is essential to understanding BRC-20 tokens. The protocol assigns satoshi numbers, allowing additional data to be attached through a process called “writing”. BRC-20 tokens use JavaScript Object Notation (JSON) within Ordinals to deploy token contracts, mint tokens, and facilitate conversions. While the process of deploying, minting, and transferring BRC-20 tokens is not yet user-friendly, it involves token deployment, quantity minting, and token transfer through specific functions. ## **Differences from ERC-20 tokens** Although the names may sound similar, BRC-20 tokens and ERC-20 tokens have significant differences. BRC-20 tokens operate on the Bitcoin network and lack the advanced features of ERC-20 tokens because they do not use smart contracts. In contrast, ERC-20 tokens on the Ethereum network can interact with various protocols and applications, enabling services such as lending and borrowing. ERC-20 tokens have been around since 2015, gaining recognition in 2017 and undergoing extensive testing and use, while BRC-20 tokens are still in their early stages and face uncertain prospects. ## **Risks and Considerations** BRC-20 tokens are an ongoing experiment to improve fungibility on the Bitcoin blockchain, which carries its own risks. Despite the initial hype, these tokens currently offer limited utility and their future remains uncertain. Considering the ease of minting BRC-20 tokens, many may end up with little or no value. Therefore, users and investors should exercise caution, thoroughly research tokens and be aware of the associated risks before engaging in this new token standard. ## **The BRC20 token economy is booming and dominating the ordi** The BRC20 token standard, built on the Bitcoin network, is experiencing significant growth. As of May 7, 2023, the total value of the BRC20 token economy has reached $279.07 million, with more than 13,530 tokens in circulation. This represents a substantial increase from just four days prior when the market cap was $95 million and approximately 10,487 BRC20 tokens were available. ## **Leader token: ordi** The most valuable BRC20 token is currently ordi, an exchange at $9.46 per token. With a market cap of $200 million, ordi dominates the BRC20 token market, accounting for more than 71% of its total capitalization. Not only does Ordi hold the top spot in terms of market capitalization, but it also generated a 24-hour trading volume of $3.1 million. ## Unleashing the Potential: Bitcoin Ordinals and the Rise of Bitcoin NFTs** In a landscape dominated by Ethereum, Solana and BNB Smart Chain, a pioneering protocol is emerging to revolutionize the Bitcoin blockchain. Enter Ordinals, a pioneering project that believes non-fungible tokens (NFTs) have a rightful place in the Bitcoin realm. With their unique approach, Ordinals unlocked a new wave of possibilities and ushered in the era of Bitcoin NFTs. ## **Discovering New Horizons:** The path to Bitcoin NFTs has been challenging due to the decentralized nature of the Bitcoin network. However, the expanding crypto ecosystem has welcomed innovative thinkers who envision Bitcoin as an integral part of Web3, fueling the birth of the Ordinals project. ## **Cracking the code:** Ordinals introduce a new concept called an “inscription” that gives each individual satoshi a distinct identity. By attaching additional data to satoshis, Ordinals effectively transform them into unique entities. Unlike traditional NFTs that rely on external smart contracts and asset hosting, Ordinals write directly to satoshis, leveraging the immutable and secure nature of the Bitcoin blockchain itself. ## **Power of Ordinal Theory:** Through the groundbreaking Ordinal Theory, every satoshi can now be identified and tracked, from its initial minting through its entire transaction lifecycle. These inscriptions serve as digital assets, similar to NFTs, etched into satoshis on the Bitcoin network. This monumental achievement was made possible by improvements to Taproot that eliminate the need for sidechains or separate tokens. ## **Rarity Revealed:** Interestingly, Ordinal Theory grants satoshis rarity based on their properties. Common, uncommon, rare, epic, legendary, and mythic satoshis each have a specific rank that defines their scarcity within the Bitcoin supply. These differences add to the allure of satoshi collecting and offer enthusiasts an exciting pursuit of digital rarity. ## **The debate for and against:** Like any disruptive innovation, Ordinals have sparked a wild debate in the Bitcoin community. Proponents say the protocol expands the utility of the Bitcoin network beyond transfers of value and introduces new features and opportunities. However, critics raise concerns about increased network fees resulting from enrolled satoshis competing for block space. Despite the controversy, Ordinals is undeniably bringing a new wave of innovation to the Bitcoin space. ## **Look into the future:** Ordinals represent a pivotal moment in Bitcoin’s history, expanding its potential beyond traditional use cases. By allowing information to be stored within Bitcoin transactions, it allows creators and enthusiasts alike to explore new avenues in blockchain art. The future trajectory of Ordinals remains uncertain, but one thing is clear – Bitcoin is evolving, and the waves of that evolution are changing the very fabric of the crypto landscape. ## **Other notable tokens** Top BRC20 tokens include pepe, piza, meme, moon, punk, domo, oshi, xing and shib. With a market cap of around $17.6 million, Pepe stands out as another notable token within the BRC20 ecosystem. ### **Overall market composition** The top five BRC20 tokens, including ordi, pepe, piza, meme and moon, together account for 86.55% of the total market cap of $279.07 million. The BRC20 token economy demonstrates strong growth and diversification within the Bitcoin network, indicating its growing importance and acceptance. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, BRC 20, Btc, ordinals, Unocoin --- ### [CBDC vs Cryptocurrencies: What's the Difference and Why Does It Matter?](https://blog.unocoin.com/cbdc-vs-cryptocurrencies-whats-the-difference-and-why-does-it-matter/) **Published:** May 11, 2023 **Author:** Unocoin Growth **Content:** CBDC, or Central Bank Digital Currency, refers to digital currencies issued by central banks as a form of legal tender. CBDCs are designed to work alongside physical cash to provide a safe and convenient payment option for individuals and businesses. In this article, we will explore the benefits and challenges of CBDC and how it differs from other cryptocurrencies. ## **Understanding CBDC** A CBDC is a digital version of a country’s fiat currency issued by a central bank. Unlike cryptocurrencies like Bitcoin and Ethereum, which are decentralized, CBDC is controlled by a central bank, which ensures that it remains stable and secure. CBDC is designed to work alongside physical cash and can be used for payments just like traditional currency. ## **History of CBDC** The idea of ​​a CBDC dates back to 2014 when the concept was first proposed by the Bank of England. Since then, several central banks around the world have been exploring the possibility of issuing their own digital currencies. China became the first country to launch its own CBDC, the digital yuan, in 2020. ## **Technical aspects of CBDC** CBDC is a digital currency that operates on a blockchain network. Unlike cryptocurrencies, CBDCs are not mined; It is issued and controlled by the central bank. CBDC uses advanced encryption techniques to ensure secure transactions and prevent fraud. ## **Comparison with other cryptocurrencies** CBDC differs from other cryptocurrencies such as Bitcoin and Ethereum in several ways. While cryptocurrencies are decentralized and not backed by any government or central authority, CBDC is issued by a central bank and acts as a legal tender. CBDC is also more stable and less volatile than cryptocurrencies, which can experience extreme fluctuations in value. ## **Disadvantages of CBDC** One of the main disadvantages of CBDC is the potential loss of privacy. CBDC transactions are recorded on the blockchain network, which means that the central bank can track all transactions. This could lead to concerns about government surveillance and loss of privacy. ## **The use and potential of CBDC** CBDC can be used for a wide range of purposes, including payments, remittances and international trade. CBDC can also improve financial inclusion by providing a secure and convenient payment option for individuals who may not have access to traditional banking services. ## **Predictions and benefits of CBDC** Experts predict that CBDC will become an increasingly important part of the global financial system in the coming years. CBDC can provide several benefits, including faster and cheaper transactions, greater financial inclusion and better transparency. ### **Conclusion** CBDC is a digital currency issued by central banks as a form of legal tender. CBDC is designed to work alongside physical cash, providing a safe and convenient payment option for individuals and businesses. While CBDC offers several advantages, including faster and cheaper transactions, there are also concerns about privacy and government surveillance. As CBDC expands, it will be interesting to see how it transforms the global financial system. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, cbdc, Crypto, Cryptocurrency, Unocoin --- ### [The Future of Gaming: How Blockchain is Reshaping Virtual Asset Ownership](https://blog.unocoin.com/the-future-of-gaming-how-blockchain-is-reshaping-virtual-asset-ownership/) **Published:** May 8, 2023 **Author:** Unocoin Growth **Content:** Blockchain technology is disrupting various industries and the gaming industry is no exception. Blockchain gaming is a new trend that offers players a decentralized and secure environment to own and trade their virtual assets. In this article, we will explore the future of gaming and ownership of virtual assets and how blockchain technology can change the gaming industry. ## **Blockchain Gaming: The Future of Gaming** Blockchain gaming is a new form of gaming that integrates blockchain technology and creates a decentralized gaming ecosystem. The use of blockchain technology in gaming gives players more control over their virtual assets, making it easier for them to trade, sell or use in other games. Blockchain technology also provides a safe and transparent environment for players to play their favorite games without fear of fraud or cheating. With blockchain, game developers can create games that are immune to hacking and cheating and ensure fair play for all players. ## **How can I earn playing in blockchain?** Blockchain gaming allows players to earn cryptocurrency by playing games and participating in various activities within the gaming ecosystem. Some blockchain games even offer players the chance to earn real money by completing in-game challenges or trading their virtual assets on cryptocurrency exchanges. ## **Decentralized gaming: The benefits** Decentralized gaming offers several benefits, including increased security, transparency and player control over their virtual assets. With decentralized gaming, players can own and trade their virtual assets without the need for intermediaries such as game developers or third-party marketplaces. Decentralized gaming also offers a fairer gaming environment where cheating and fraud are minimized and players are rewarded for their skills and contributions to the gaming ecosystem. ### **Conclusion** The future of gaming is exciting and blockchain technology is set to revolutionize the gaming industry. Blockchain gaming offers players a decentralized and secure environment to own and trade their virtual assets, while also providing the opportunity to earn cryptocurrencies and even real money. Decentralized gaming provides a fairer and more transparent gaming environment where players have more control over their virtual assets and games. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, blockchain, blockchain gaming, Btc, gaming, gaming nft, Nft, Unocoin --- ### [Consensus 2023: Shaping the Future through Collective Agreement](https://blog.unocoin.com/consensus-2023-shaping-the-future-through-collective-agreement/) **Published:** May 5, 2023 **Author:** Unocoin Growth **Content:** Dear Unocoin users, We hope this message finds you well. We wanted to update you on some of the key events from the recent **Consensus Conference**, which took place in **Austin, Texas from April 26-28.** The conference covered a wide range of topics related to blockchain and cryptocurrencies and featured talks and panels from industry leaders and experts. Some of the key takeaways from the conference include: **Jeremy Allaire, CEO of Circle**, discussed the need for stablecoins to be backed by short-term treasury bills rather than commercial banks to reduce risk and protect users. **Franklin Templeton** has announced the launch of its Benji money market fund on the Stellar and Polygon network, demonstrating the growing interest of traditional asset managers in the cryptocurrency space. **Christopher Giancarlo, the former chairman of the US CFTC**, emphasized the importance of public opinion in the development of CBDCs and stablecoins and recognized the privacy concerns surrounding these digital assets **Ryosuke Ushida, Chief FinTech Officer at Japan’s Financial Services Agency**, discussed Japan’s efforts to become a hub for Web3 innovation, focusing on NFTs and digital assets. The conference also highlighted the ongoing regulatory debates and conflicts in the US, with lawmakers calling for more clarity and leadership in the blockchain industry. We hope this summary provides some insight into the latest developments in the blockchain and cryptocurrency space. As always, we are committed to keeping our users informed and up to date with the latest news and trends. Thank you for being part of the Unocoin community. Best regards, Team Unocoin **Categories:** Blog, Featured **Tags:** bitcoin, Btc, consensus, Unocoin --- ### [Beyond Cryptocurrencies: The Future of Tokenization in the Blockchain Space](https://blog.unocoin.com/beyond-cryptocurrencies-the-future-of-tokenization-in-the-blockchain-space/) **Published:** May 5, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Blockchain technology has revolutionized the way we interact with assets, ownership and transactions. Tokenization is one of the most significant applications of blockchain technology beyond cryptocurrencies. In this article, we will explore the future of tokenization in the blockchain space and its implications for various industries. ## **Tokenization of Real World Assets:** Tokenization has the potential to revolutionize the way we invest in real estate, art and collectibles. By tokenizing these assets, investors can purchase fractions of real estate, providing greater accessibility and liquidity to the market. Similarly, tokenization of art and collectibles can provide a secure and transparent method of buying and selling these items, removing middlemen and reducing transaction costs. ## **Tokenization rights and tools:** Tokenization can also be used to represent rights and utilities. For example, tokens can be created that represent voting rights, membership rights or access to services. This opens up possibilities for new business models, such as subscription-based services or pay-as-you-go models. Tokenization of rights and services can also ensure greater transparency and accountability in sectors such as governance and voting. ## **Tokenization of financial instruments:** Tokenization has significant implications for traditional financial instruments such as stocks, bonds and derivatives. By tokenizing these instruments, they can be traded on blockchain-based exchanges, providing greater liquidity and market accessibility. Tokenized financial instruments can also offer more significant benefits such as real-time settlement, lower transaction costs and automated regulatory compliance. ## **Challenges and Considerations:** While tokenization has enormous potential, there are challenges and considerations that need to be addressed. One of the most significant challenges is compliance. Different jurisdictions have different regulations regarding the tokenization of assets and financial instruments. Another challenge is the potential for fraudulent activities such as the creation of fake tokens or double spending. Appropriate security measures must be in place to prevent these activities. ## **The Future of Tokenization:** Tokenization is a fundamental application of blockchain technology that has significant implications for various industries outside of cryptocurrency. By representing real-world assets, rights, and financial instruments as digital tokens, tokenization can provide greater accessibility, liquidity, transparency, and accountability. As the blockchain space continues to evolve, tokenization is poised to become a critical component of the future of finance and ownership. ### **Conclusion:** In conclusion, tokenization is the future of the blockchain space outside of cryptocurrencies. Tokenization of real assets, rights and financial instruments can ensure greater availability, liquidity, transparency and accountability. While there are challenges and considerations to address, the potential benefits of tokenization are huge. As more and more industries adopt blockchain technology, tokenization is poised to transform the way we interact with assets, ownership and transactions. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Token, Unocoin --- ### [Exploring the Role of Decentralized Identity in Building Trust in Crypto Exchanges](https://blog.unocoin.com/exploring-the-role-of-decentralized-identity-in-building-trust-in-crypto-exchanges/) **Published:** May 3, 2023 **Author:** Unocoin Growth **Content:** Cryptocurrency exchanges have faced countless problems since their inception. From hacking to scams and fraudulent activities, there is a lot of mistrust in this industry. However, decentralized identity can play a significant role in restoring trust in cryptocurrency exchanges. In this article, we’ll explore the different ways decentralized identity can be used to build trust in crypto exchanges. ## **KYC procedures** Know Your Customer (KYC) procedures are an essential part of the financial system. By verifying the customer’s identity, they help prevent money laundering and terrorist financing. In cryptocurrency exchanges, KYC procedures are equally important. However, they are often flawed, leading to fraudulent activities. By using a decentralized identity, exchanges can create a more secure and transparent KYC process that can help reduce fraud and increase trust. ## **Reputation systems** Reputation systems are another way decentralized identity can be used to build trust in crypto exchanges. These systems allow users to rate and review other users based on their past behavior. In a decentralized identity system, a user’s reputation can be verified through the blockchain, making it more transparent and trustworthy. This can help weed out bad actors and reward users who behave ethically and responsibly, ultimately building trust in the system. ## **Hassle-free and user-friendly environment** One of the biggest challenges in cryptocurrency exchanges is user experience. Users have to repeatedly enter their personal information when signing up for new services, which leads to friction and frustration. However, with a decentralized identity, exchanges can eliminate the need for users to enter their information repeatedly. This creates a more seamless and user-friendly environment and increases trust in the system. ## **The future of decentralized identity** Decentralized identity is still a relatively new concept, but it has huge potential for the future of cryptocurrency exchanges. It can help restore confidence in the industry and ultimately accelerate the wider adoption of cryptocurrencies and blockchain technology. With a decentralized identity, users can rest assured that their identities are secure and that their personal data is not at risk. This, in turn, can help build a safer and more trusted ecosystem for the future of finance. ### **Conclusion** Decentralized identity can play a vital role in building trust in cryptocurrency exchanges. By using blockchain technology to create a more secure and transparent identity verification process, exchanges can help reduce fraud and increase trust in the industry. Decentralized identity has huge potential for the future of cryptocurrency exchanges, from KYC procedures to reputation systems and a more seamless user experience. As the industry continues to evolve, decentralized identity will undoubtedly play a key role in building trust and driving adoption. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, decentralised identity, Decentralization, Unocoin --- ### [Exploring the connections Between Metaverse and Cryptocurrency](https://blog.unocoin.com/exploring-the-connections-between-metaverse-and-cryptocurrency/) **Published:** May 2, 2023 **Author:** Unocoin Growth **Content:** The concept of metaverse has been around for decades, but recent technological advances have brought it closer to reality than ever before. Metaverse refers to a virtual world that is built on the Internet where users can interact with each other and digital objects in a 3D environment. Cryptocurrency, on the other hand, is a digital asset that uses cryptography to secure and verify transactions, as well as control the creation of new units. ## **Metaverse and cryptocurrency** Metaverse and cryptocurrency are closely related in several ways. First, many metaverse platforms have their own virtual currencies that are used for transactions in the world. These currencies can be bought and sold on cryptocurrency exchanges, just like other digital assets. This has created a new market for cryptocurrencies as people are now buying and trading virtual currencies as well as traditional ones. ## **Blockchain technology** Second, many metaverse platforms use blockchain technology to create digital assets that can be owned by users. These assets can include virtual real estate, virtual goods, and even virtual identities. Using blockchain, ownership of these assets can be easily transferred between users and can be verified on a public ledger. This has the potential to change the way we think about ownership and property rights in the virtual world. ## **Decentralized finance (DeFi)** Third, some metaverse platforms are exploring the potential of decentralized finance (DeFi) applications such as lending, borrowing and trading. These applications can be built on blockchain technology and use cryptocurrency as their native asset. This could create a whole new financial ecosystem within the metaverse where users can trade with each other without relying on traditional financial institutions. ### **Non-fungible tokens (NFTs)** Finally, the gaming industry has long been a driver of cryptocurrency adoption, and metaverse is no exception. Non-fungible tokens (NFTs) are digital assets that can represent unique objects or works of art and are increasingly used in the metaverse for virtual real estate, virtual goods, and even digital fashion. This created a new market for NFTs as people now buy and trade virtual assets as well as physical assets. Overall, the metaverse and cryptocurrency are rapidly evolving fields that are pushing the boundaries of what is possible on the Internet. As these two areas continue to evolve, we’re likely to see even more innovative use cases that combine the strengths of both. For example, we could see virtual casinos that accept cryptocurrencies or virtual shops that accept NFTs as payment. The possibilities are endless and it will be fascinating to watch how these two fields evolve and intertwine in the coming years. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, gaming, metaverse, Unocoin --- ### [What Is Crypto Technical Analysis?](https://blog.unocoin.com/what-is-crypto-technical-analysis/) **Published:** April 28, 2023 **Author:** Unocoin Growth **Content:** ## Cryptocurrency Trading Strategy and Analysis: Technical Analysis and Market Trends ### **Introduction:** Cryptocurrency trading can be highly profitable, but also unpredictable and risky. To minimize risk and increase profitability, traders use various strategies and analytical techniques. This article provides an in-depth overview of cryptocurrency trading strategies and analysis, including technical analysis and tracking market trends and indicators. ### **Technical analysis:** Technical analysis is a popular trading strategy that involves analyzing price charts and using various tools and indicators to identify trends and predict future price movements. Technical analysis tools include moving averages, support and resistance levels, trend lines, and various oscillators and indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). One of the most popular technical analysis strategies is called the Fibonacci retracement. This strategy involves identifying key support and resistance levels and using Fibonacci retracement levels to identify potential price reversals. Traders can use this strategy to enter and exit trades at optimal times. ### **Market trends and indicators:** In addition to technical analysis, traders can also monitor market trends and indicators to make informed trading decisions. Market trends refer to the general direction in which the market is moving, such as a bullish (upward) or bearish (downward) trend. Traders can use various indicators such as Moving Averages or Ichimoku Cloud to track market trends. Other indicators such as trading volume and market sentiment can also provide valuable market information. High trading volume can indicate strong market interest and can be used to confirm a trend, while low trading volume can signal a reversal. Market sentiment refers to the overall sentiment or attitude of traders towards a particular asset, which can be bullish or bearish. ### **Conclusion:** In conclusion, cryptocurrency trading strategies and analysis can be complex and require deep insight into technical analysis and market trends. Technical analysis tools such as moving averages, support and resistance levels, and various indicators can help traders identify trends and make informed trading decisions. Additionally, monitoring market trends and indicators such as trading volume and market sentiment can provide valuable market insights. Using these strategies and analytical techniques, traders can minimize risk and increase profitability in the cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, market trends, technical analysis, Unocoin --- ### [Know your Ethereum : Price Predictions, History, Analysis & Uses of ETH](https://blog.unocoin.com/know-your-ethereum-price-predictions-history-analysis-uses-of-eth/) **Published:** April 26, 2023 **Author:** Unocoin Growth **Content:** Ethereum is an open-source blockchain-based software platform that enables the creation of decentralized applications (dApps) and smart contracts. It was started in 2015 by Vitalik Buterin, a Russian-Canadian programmer and writer. ## **History of Ethereum** Ethereum was developed as an enhancement to the Bitcoin blockchain with a focus on creating a more versatile and programmable platform. It was crowdfunded in 2014 and raised over $18 million, making it one of the largest crowdfunding projects in history. ### **Technical aspects of Ethereum** The Ethereum blockchain was initially based on a proof-of-work consensus algorithm, similar to Bitcoin. However, it switched to a proof-of-stake algorithm, which is expected to be more energy efficient and secure. Ethereum also introduced the concept of smart contracts, which are self-executing contracts where the terms of the agreement between buyer and seller are written directly into lines of code. ### **Comparison with other coins** Ethereum is often compared to Bitcoin, but its focus on smart contracts and dApps makes it a more versatile platform. It is also often compared to other smart contract platforms such as Cardano and Polkadot. ### **Disadvantages of Ethereum** One of Ethereum’s biggest drawbacks are scalability, as Ethereum currently has a limited number of transactions it can process per second eith high gas fees to facilitate the transactions ### **Uses and potential of Ethereum** Ethereum has a wide range of potential uses, including decentralized finance (DeFi), gaming, and identity verification. It has also been used for initial coin offerings (ICOs) and non-fungible tokens (NFTs). The potential for Ethereum is huge as it is a platform that can be used to build almost any kind of decentralized application. ### **Why should users buy Ethereum?** Users may want to buy Ethereum for a variety of reasons, including investing in the future potential of the platform, using it to participate in DeFi protocols or NFT marketplaces, or to pay transaction fees on the Ethereum network. **In conclusion,** Ethereum is a highly versatile and innovative platform that has the potential to revolutionize a wide range of industries. Although it faces some challenges, such as scalability issues, it remains one of the most interesting projects in the blockchain space. For users who want to participate in the future of decentralized applications and smart contracts, Ethereum is a compelling option. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Crypto, Eth, Ether, Ethereum, Unocoin --- ### [What Are the Safest Ways To Store Bitcoin in Crypto Wallet?](https://blog.unocoin.com/what-are-the-safest-ways-to-store-bitcoin-in-crypto-wallet/) **Published:** April 24, 2023 **Author:** Unocoin Growth **Content:** ## **Securing Your Cryptocurrencies: Wallets and Other Security Measures** ### **Introduction:** As the use of cryptocurrencies becomes more and more widespread, it is essential to protect them from theft or loss. This article provides deep insights and tips on how to keep your cryptocurrencies safe with wallets and other security measures. ### **Wallets:** Cryptocurrency wallets are digital tools that allow users to store, send and receive digital currencies. There are different types of wallets, including software wallets, hardware wallets, and paper wallets. Software wallets are easy to use and can be accessed from anywhere with an internet connection, but they can be vulnerable to hackers. Hardware wallets, on the other hand, provide an additional layer of security as they are offline and therefore not susceptible to online attacks. Paper wallets are the most secure, but not as convenient as software or hardware wallets. ### **Security precautions:** In addition to using a secure wallet, there are other security measures that can be taken to keep your cryptocurrencies safe. One such measure is enabling two-factor authentication (2FA) in your wallet. 2FA requires a user to provide two different types of authentication, such as a password and a one-time code, to access their wallet. ### **Unique and complex password** Another security measure is to use a **unique and complex password** for your wallet. A strong password should contain a combination of upper and lower case letters, numbers and symbols. Additionally, it is important to keep your password and wallet seed phrase (a string of words used to reset your wallet) in a safe place, such as a hardware wallet or password manager. ### **phishing scams** Finally, it is important to be aware of **phishing scams** and other fraudulent activities. Scammers may use fake websites or social media accounts to trick users into revealing their wallet information or sending cryptocurrency to a fake address. Always verify the authenticity of any website or account before providing any sensitive information or making any transaction. ### **Conclusion:** In conclusion, it is essential to keep your cryptocurrencies safe with wallets and other security measures. Wallets such as software, hardware and paper wallets offer different levels of security and convenience. Additional security measures such as 2FA and strong passwords can further increase the security of your wallet. In addition, it is important to be aware of phishing scams and other fraudulent activities and always verify the authenticity of any website or account before providing any sensitive information or making any transaction. By following these tips, users can keep their cryptocurrencies safe. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Unocoin, wallets --- ### [Is Crypto Mining Still Profitable in 2023? Know All About It Here](https://blog.unocoin.com/is-crypto-mining-still-profitable-in-2023-know-all-about-it-here/) **Published:** April 21, 2023 **Author:** Unocoin Growth **Content:** ## **Cryptocurrency Mining Profitability: Understanding the Factors in Play** ### **Introduction:** Cryptocurrency mining has become a popular way for individuals and companies to earn digital currencies such as Bitcoin and Ethereum. However, the profitability of cryptocurrency mining can vary depending on various factors, including the cost of electricity and the price of cryptocurrencies. This article provides an in-depth look at the factors that affect the profitability of cryptocurrency mining. ### **Mining difficulty:** One of the most important factors that affect the profitability of cryptocurrency mining is the difficulty of mining. Mining difficulty refers to the complexity of the mathematical equations required to verify transactions on the blockchain. As the difficulty increases, miners need more computing power to solve the equations, resulting in higher electricity costs. Therefore, as the difficulty of mining increases, the profitability of mining decreases. ### **Electricity costs:** The cost of electricity is another critical factor that affects the profitability of mining. Cryptocurrency mining requires a significant amount of electricity to power the mining equipment. The price of electricity varies by location, with some regions having cheaper electricity rates than others. Miners must factor in their electricity costs when calculating their profitability. In regions where electricity is expensive, mining may not be profitable. ### **Hardware costs:** Hardware costs are another major factor that affects the profitability of mining. Mining requires specialized hardware such as ASICs and GPUs, which can be expensive. As newer and more efficient hardware is released, older hardware becomes less profitable, making it important for miners to stay up to date with the latest technology to maximize their profitability. ### **Cryptocurrency price:** The price of cryptocurrencies is a significant factor that affects the profitability of mining. When the price of a cryptocurrency increases, so does the profitability of mining. This is because miners receive more digital currency as a reward for solving mathematical equations. Conversely, when the price of a cryptocurrency goes down, the profitability of mining goes down, making it less profitable for miners to continue mining. ### **Competition:** Competition is another factor that affects the profitability of cryptocurrency mining. As more miners join the network, competition for block rewards increases, leading to lower profitability for individual miners. In addition, the more miners there are, the higher the difficulty of mining, which further reduces profitability. ### **Conclusion:** In conclusion, the profitability of cryptocurrency mining is affected by several factors, including mining difficulty, electricity costs, hardware costs, cryptocurrency price, and competition. Because these factors are constantly changing, the profitability of mining can fluctuate widely, making it difficult to predict. Despite these challenges, mining remains an attractive option for individuals and companies looking to earn digital currencies. Understanding the factors at play can help miners make informed decisions and maximize their profitability. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, Crypto Mining, Unocoin --- ### [5 Best Cryptocurrency Investing Strategies](https://blog.unocoin.com/5-best-cryptocurrency-investing-strategies/) **Published:** April 17, 2023 **Author:** Unocoin Growth **Content:** Cryptocurrencies have been one of the most popular investment options in recent years and this trend is expected to continue in 2023. However, investing in cryptocurrencies can be tricky as the market is highly volatile and unpredictable. To help you navigate the world of cryptocurrency investing, here are five simple investment strategies to consider. **Buy and hold** A buy-and-hold strategy involves buying a cryptocurrency and holding it long-term. This strategy is popular because it allows investors to ride out market ups and downs and potentially benefit from long-term price appreciation. Bitcoin is a popular cryptocurrency for this strategy because it has limited supply and is considered a store of value. **Dollar-Cost Averaging** Dollar-cost averaging is a strategy that involves investing a fixed amount of money in a cryptocurrency at regular intervals regardless of price. This approach can help investors avoid buying at the top of the market and potentially benefit from lower prices over time. ***For example,*** an investor could buy $100 worth of Ethereum every month for a year, regardless of its price. **Swing trading** Swing trading involves buying and selling cryptocurrencies over a short time frame, usually from a few days to a few weeks. This strategy requires a lot of research and analysis to identify short-term trends in the market. ***For example***, an investor can buy Litecoin when it is undervalued and sell it when it reaches its higher value a few days later. **Staking** Staking involves holding cryptocurrency in a digital wallet and earning rewards for validating transactions on the network. This strategy is popular with cryptocurrencies that use a proof-of-stake consensus algorithm, such as Cardano or Polkadot. ***For example***, an investor could hold 1,000 Cardano coins and earn a 5% annual staking reward. **ICO investing** Investing in an ICO involves buying tokens in a new cryptocurrency project before it launches on a major exchange. This strategy is highly speculative and risky because many ICOs fail to deliver on their promises. However, successful ICO investments can lead to significant profits. ***For example,*** an investor could invest in an upcoming ICO that aims to disrupt the supply chain industry. **In conclusion,** these are just a few of the many strategies that investors can use to invest in cryptocurrencies. Each strategy comes with its own risks and potential rewards, so it’s important to do your own research and consult with a financial advisor before making any investment decisions. Remember that the cryptocurrency market is highly volatile and unpredictable, so it is important to only invest what you can afford to lose. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development **Tags:** bitcoin, Bitcoin Trading, Btc, Crypto Investment, Unocoin --- ### [Is Ethereum good investment? | Etherum Sentiment Predictions & market analysis](https://blog.unocoin.com/is-ethereum-good-investment-etherum-sentiment-predictions-market-analysis/) **Published:** October 14, 2022 **Author:** Unocoin Growth **Content:** 2022 has been brutal for most crypto markets. Ethereum has been volatile due to many issues, not the least of which is the overall financial condition of the markets. Risk appetite has been gutted and therefore cryptocurrencies have suffered. However, it should be noted that massive selloffs are nothing new in crypto. In 2021, the total value locked in the Ethereum network reached more than $90 billion, and demand is only expected to grow in the longer term. Almost 25% of all ETH in circulation is held in smart contracts, with a significant portion of this being relegated to the ETH 2.0 address. The update, called EIP 1559, should theoretically make the supply of ETH much rarer over time. Wall Street is taking notice of Ethereum’s ability to be so many things in the long term, bringing institutional money into the market. That being said, Ethereum and the rest of the cryptocurrencies have been shown to have a high correlation with risk-taking assets such as stocks and some futures markets. **Ethereum Sentiment Analysis** With the explosion of the DeFi and NFT markets, the mood for Ethereum in 2021 has taken off. However, Ethereum will also be sensitive to external issues, including monetary policy and inflation. While crypto is still an area that should expand in the long term, the reality is that 2021 saw a lot of institutional money entering the market. Because of this, sentiment analysis is a bit different than it used to be. The Federal Reserve is entering a tightening cycle due to inflation concerns. This highlighted a change in drivers for the market as institutions are much more likely to invest in bonds or even US dollars when there is uncertainty. In a sense, part of the “growing up” of cryptocurrencies was that market behavior shifted to a much more traditional correlation. As the appetite for risk increases, so will the price of Ethereum and vice versa. One way to measure sentiment analysis in the future will be a combination of tracking interest rates, currency markets, and stock markets. **Ethereum Price Expert Expectations and Predictions** Ethereum is generally expected to have a promising future. However, predicting the future price of Ethereum is challenging because multiple internal and external factors come into play. For example, even though Ethereum 2.0 will address many of Ethereum’s growing problems, its rollout has been somewhat slow. Global markets struggled in 2022 and it was felt throughout the crypto industry. Several stablecoins and DeFi lenders have collapsed, which has a certain “knock-on effect” on the price of Ethereum, as with all cryptocurrencies. In this environment, estimates are everywhere. However, it is generally accepted that prices will rise in the long term. Bloomberg news analyst Mike McGlone estimates that it will end the year between $4,000 and $4,500 and rise through 2023. That would be a full recovery of all the losses that Ethereum suffered at the beginning of the year. Coinpedia, a popular cryptocurrency website, has several analysts who believe that Ethereum could see a massive price increase if the rollout of Ethereum 2.0 goes smoothly and quickly. Some high-end predictions include a target price of $12,000 by early 2023. Ethereum co-creator Vitalik Buterin, the face of Ethereum, warned that the stock-to-flow Bitcoin price prediction model “really doesn’t look good right now.” While he was talking about Bitcoin, the price of Bitcoin affects the price of almost all other coins. If his observations are correct, it further supports the idea of ​​trading derivatives such as CFDs**(Contract for Difference)** to take advantage of uncertainty and volatility. **Advantages and Disadvantages of Ethereum** Remember that Ethereum is a highly volatile asset and a new technology. The market is constantly threatened by what is supposed to be the next “Ethereum killer”, but no other project has been able to come close to Ethereum in usage or utility. **Brand Name Recognition**: Ethereum has a significant brand name effect behind it, being one of the original altcoins. It is the hottest token in the crypto market due to the use of both NFT and DeFi. **Smart Contract Platform**: Ethereum is a smart contract platform that is well-tested and has the ability to perform permissionless transactions, which could be the future of finance. **Ethereum 2.0**: Ethereum 2.0 is being rolled out, which should increase transaction speeds and usage scenarios. **Disadvantages** **Previous scaling issues**: Ethereum has had scaling issues due to the strong demand for DeFi usage. **ICO Treasuries**: ICO Treasuries still hold a significant amount of Ethereum that could one day dump their tokens. **Competition**: Competition exists and several networks are competing to be the next “Ethereum killer”. In the end, only time will tell if anyone succeeds. **Fees**: Fees have been extremely high at times, discouraging investors from transacting on the network and with the token. However, Ethereum 2.0 is supposed to address this issue. **CONCLUSION**: Ethereum can be an excellent investment due to both its easy availability for retailers and the long-term growth potential the network has. Ethereum is also available on **[Unocoin](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3)** with many astounding user-centric features including seamless deposits and withdrawals. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [How do you prevent FUD? 5 tips on managing FUD - Unocoin Blog](https://blog.unocoin.com/how-do-you-prevent-fud-5-tips-on-managing-fud-unocoin-blog/) **Published:** October 27, 2022 **Author:** Unocoin Growth **Content:** When it comes to navigating the cryptocurrency markets, staying informed and avoiding FUD can often be trickier than one might imagine. In this article, we will walk you through how to spot FUD in the blockchain space and how to avoid it. Since Bitcoin burst onto the scene in 2009, crypto markets have seen their fair share of ups and downs. While it is true that every market downturn has been followed by a recovery and significant development, both experienced and novice traders can find it difficult to navigate during downturns. Especially with the rise of FUD. Before we focus on business tools to recognize and avoid FUD, let’s first cover what exactly FUD is. **What is FUD?** FUD in cryptocurrency means fear, uncertainty and doubt. This term is used to refer to inaccurate information published by people who want to manipulate the markets. The release of FUD content is intended to influence a trader to make decisions that could somehow affect the price of a cryptocurrency or their investment (usually to encourage them to sell). While commonly used against Bitcoin, it also targets Ethereum and other cryptocurrencies. FUD usually leads to investors selling their coins, leading to panic selling that snowballs and results in a significant loss in the value of the coin. The term FOMO, Fear Of Missing Out, is often mentioned alongside FUD. FOMO focuses on people’s fear of missing out, which leads them to make quick decisions that aren’t necessarily the best. While FUD tends to encourage selling an asset, FOMO tends to drive traders to buy an asset. Essentially, these two terms are designed to tap into human emotions that lead to snap decisions. FUD is usually released through a rumor posted on a well-respected website, negative news, or a well-known figure expressing concern about an asset (commonly done on Twitter). Content around FUD and FOMO tends to come from organizations or individuals who stand to gain something from the intended action. The content is designed to strongly influence the reader. **FUD and FOMO** are not strictly related to the crypto market, such tactics have also been witnessed in the stock market and other commodity trading spaces. Jargon has become synonymous with trading. **How to spot FUD** The crypto community may seem tight-knit, but there are often bad actors who gain access to a trusted space and infiltrate it with bad news. This is often seen when people use a commonly discussed topic like regulation to create a story that is not necessarily true to influence traders. **Here are some tips to ensure you don’t fall victim to FUD:** **Set a business goal** Before entering the crypto market, make sure you have definite goals with accompanying timelines. When you encounter FUD or FOMO information, consider whether the resulting actions of the messages will move you closer to or further from your goal. If you stay focused on your goal, you are less likely to be swayed by market sentiment. **Create a trading strategy before entering a trade** A trading strategy generally involves determining a stop loss, an entry point, a target sell point, and the amount of capital. By establishing this before entering a trade, you will have clear goals to pursue and be less likely to fall victim to FUD misinformation. **Stay informed, but verify sources** Monitoring the crypto markets and staying informed is a must for every trader, especially day traders. Make sure the places you’re getting information from are trustworthy and legitimate, and if something sounds suspicious, check with a number of other sources. **Be patient and consistent** Cryptocurrency trading is not a get-rich-quick scheme, instead, it is about making well-educated trades based on market movements and investing in technologies you believe in. Don’t get caught up in trying to make a quick buck, instead be patient and consistent in your attempt to reach your original goal and never stray too far from the path. **Navigation FUD** Although it sounds complicated, FUD can be easily avoided if you follow the tips above and only seek information from reliable news sources. While Twitter can have quick tips, it’s also hard to determine what the author’s intentions are. Consider whether something rings true or not and always do your own research when looking to invest in a new project. Financially, investing in digital currency can be a lucrative endeavor, so be responsible and watch market trends with a grain of salt. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [what is trust wallet and how to use it? | Unocoin blog](https://blog.unocoin.com/what-is-trust-wallet-and-how-to-use-it-unocoin-blog/) **Published:** October 27, 2022 **Author:** Unocoin Growth **Content:** Trust Wallet is one of the most popular and secure crypto wallets that offers its users an intuitive, all-in-one experience. This app allows you to securely store over 3 million crypto assets in over 60 blockchains. Launched in 2017 as a mobile wallet supporting Ethereum-based ERC-20 tokens, the app filled an unaddressed market of early mobile cryptocurrency users. Trust Wallet now allows users to buy, store and exchange leading cryptocurrencies and manage their collection of non-fungible tokens (NFTs) in a single app. Trust Wallet also allows users to earn cryptocurrencies through the wallet’s in-app staking feature, which offers more than half a dozen crypto assets with staking returns of up to 11%. Probably the most interesting feature of Trust Wallet is the DApp mobile browser. The browser provides seamless mobile access to decentralized applications (DApps), DeFi protocols and NFT markets across 60+ blockchains. **How to install and register a Trust Wallet account** - Open the Play Store and search for “Trust Wallet”. - Click install and wait for the app to finish downloading and automatically install on your smartphone. - Once the process is complete, you can directly register a wallet account by clicking Create a new wallet or by clicking I already have a wallet if you have an account. - Next, you enter the legal section, which contains the privacy policy and terms of service. Just check the box I have read and accept the terms of service and privacy policy at the bottom left and click continue. - You will then be in the Back-Up Wallet Now section. Immediately click I understand and click Continue. - You get 12 words which are called recovery phrases. Take notes, photograph, copy, paste or take screenshots of the acquired words. Recovery phrases are very important and are a prerequisite for signing in to your Trust Wallet account on other devices, so be sure to make a note of them or take a photo of them. Then click Continue. - Enter the recovery phrase you obtained earlier. Make sure you sort the words according to what you have. - If you’ve done all of the above, congratulations, you now have a Trust Wallet account and are ready to use it to store your crypto assets. This is an easy way to install and register a Trust Wallet account. By having a digital wallet account, you can easily store crypto assets, from coins to NFTs. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/8k66?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/8k66?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [October 2022 at unocoin where Innovation Never Stops | Unocoin Blog](https://blog.unocoin.com/october-2022-at-unocoin-where-innovation-never-stops-unocoin-blog/) **Published:** October 20, 2022 **Author:** Unocoin Growth **Content:** Our team values ​​remained unchanged despite varying market sentiment. We will continue to build for our users and a larger space of digital assets. Blockchain is a powerful technology that will transform many aspects of our lives. In October 2022, we found more ways to move the industry forward and bring together the brightest minds in cryptocurrency. We are launching an incredible array of new products—with new updates and features rolling out—while still putting our users at the center of everything we do. With our co-founder Mr.Sunny Ray, we had the Bitcoin Meetup in India, a four-hour event at Sheraton Grand, Bangalore. Exploring the best of Bitcoin and regulations in India, CBDC, etc., and expanding our ever-growing suite of products, including a more user-friendly way. At the same time, our team has continued to drive product innovation – which we at Unocoin see as a critical driver of industry growth. **Here’s a quick rundown of the biggest updates to our ecosystem this month:** **Sub Broker:** Users who do not have much knowledge about trading or have enough time for trading can opt for a Sub-Broker. An Unocoin verified user would choose to have his/her orders processed for him/her by a chosen sub-broker. After logging in, a user can go to the settings page and will be able to select a sub-broker using the mobile number of the sub-broker. We have added a new source of **blog theme content** for our users to educate and inform them about Unocoin and cryptocurrencies and everything they need to know about them. To give our fellow Unocoiners access to the best crypto available on the market, **we recently added five new coins** to the exchange as follows: **NEAR, COTI, RSR, REEF, ATOM** Unocoin, an Indian cryptocurrency trading exchange, has announced a referral and earning program for our traders. Through this program, the exchange aims to allow existing users to earn a whooping 51% of trading fees for every transaction made by their referral. **Welcome Bonus**: Upon successful registration of each user, Unocoin is provided with a welcome bonus of 10,000 SHIBA INU, which the new user can use for any trading they wish to do. With a low-cost interface and services, Unocoin provides its users with a trading experience, offering features such as low fees, high security, and active INR and crypto deposits and withdrawals. And also for people looking to activation of old features - We have brought back market ordres on exchange - Vouchers feature is again active The possibilities and ground-breaking innovations that crypto and Web3 bring can no longer be denied. If the Internet changed the world as we knew it a few decades ago, the crypto/web3 ecosystem is a space that is just heating up and offers us a whole new dimension like Metaverse and a decentralized platform to explore and expand. At Unocoin, we are not only working to create a crypto ecosystem, but we are also on the way to building the Indian crypto industry. Unocoin, India’s first crypto exchange, is on a mission to make cryptocurrencies accessible and lead the development of the crypto ecosystem in India. Since its inception, Unocoin has always been at the forefront of crypto innovation. With the Crypto Investment Plan for regular investing, India’s leading crypto exchange has always strived to simplify the crypto space for the crypto community. Innovation was a key pillar of the company. Not only is Unocoin focused on educating the masses about the basics of cryptocurrencies and blockchain technology through our educational portal https://blog.unocoin.com/, but we have also put in place the best security measures in the industry to help investors and traders explore the crypto space safely. **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [What is Unocoin’s stance amid the current mayhem the industry faces? - Unocoin Blog](https://blog.unocoin.com/what-is-unocoins-stance-amid-the-current-mayhem-the-industry-faces-unocoin-blog/) **Published:** November 10, 2022 **Author:** Unocoin Growth **Content:** The recent turmoil around liquidity struggles has wreaked havoc-like situations in the industry. This sure raises questions on the credibility of any crypto exchange that is in business currently. We care for our consumers and hereby, we have come with extreme clarity on how things work at Unocoin! First, we are going to walk you through what happened with FTX exchange to falling down in the first place, so as to invoke a better understanding in our users’ minds. So, here are series of events that preceded the current market chaos: – 1. The news of FTX’s crash broke on Tuesday morning. 2. Users started mass-withdrawing their investments from the company. 3. Mass withdrawal dragged down the value of major cryptocurrencies such as Ethereum. 4. This eventually led the world’s largest crypto exchange Binance to announce its plans to “fully acquire” FTX.com. 5. Binance CEO Changpeng Zhao mentioned in his tweet that FTX asked for help ”due to a significant lack of liquidity”.Bankman-Fried appears to have confirmed this in a separate tweet thread. 6. Binance walked out of the deal post due diligence Now given the codependence, the crypto market is collapsing and there is a lot of speculation about what is going on surfacing in multiple networking spheres. No doubt the situation has taken an ugly turn, considering Bankman-Fried deleted the tweet dismissing concerns about FTX balance sheets as “false rumors’ just a day ago. And now, stands at the brink of ruin with almost 94 percent of his multi-billion-dollar fortune squandered. ## Here’s how Unocoin’s business ideals are different Unocoin is a user-oriented platform and we care immensely for our users’ funds and investors’ well-being since day one. Even though Unocoin has FTT token listed on the platform, the company does not have any material exposure to FTX.com or FTT ecosystem. The FTX crash happened solely due to their risky business practices which included investing customer funds and mismanagement of cryptos that they hold in custody on behalf of their customers. We at Unocoin are proud to reassure you that we do not invest customer funds into other projects or lend to third parties. Even though the crypto industry is not fully regulated in India, Unocoin takes the responsibility of following the present rules and even fiduciary obligations like preserving customer funds and interests seriously. Not to mention, Unocoin encourages the crypto market to be regulated so that historical episodes like Terra Luna and FTX.com don’t keep repeating themselves in India. Unocoin is India’s leading Crypto exchange that allows Indian investors to trade in crypto assets. Investors can use, buy and sell orders and trade bitcoins through the platform. The true nature and focus of the Unocoin wallet are in the prospect of becoming a major player in the emerging economic market of India. In achieving this, there are various aspects that Unocoin outperforms as compared to other crypto players in the country. **Low trading fees** Given the popularity that crypto assets have enjoyed in India recently, our low transaction fees serve as a great advantage to novice users. Transaction fees may be as low as 0.2%. **A reliable trading exchange since 2013** Unocoin has been providing cryptocurrency services to Indian users since 2013. The Unocoin team has taken a strong stand to keep cryptocurrency business going in the country. **Powered by Application Programming Interface (API)** Unocoin Wallet gives users the autonomy to effectively use real-time market trading information. This feature is implemented through our API integration, which allows users to utilise features of a programmatic AI trading tool through a reliable trading platform. **Maintains trading execution time** The Unocoin wallet renders a simplified interface, a mobile app on iOS, Android and through their website. At Unocoin, we are devoted to the betterment of the crypto economy as a whole, and user trust and safety remain our top priority. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News --- ### [8 Best Crypto Trading/Exchange Apps in Dip | Unocoin Blog](https://blog.unocoin.com/8-best-crypto-trading-exchange-apps-in-dip-unocoin-blog/) **Published:** August 10, 2022 **Author:** Unocoin Growth **Content:** The current Bitcoin decline is more of a correction phase than a downturn. So **should you buy the dip**? A dip is a brief decline in crypto asset values, especially when a particular coin or token is anticipated to appreciate soon. A dip could be brought on by several things, such as unfavorable market circumstances, news, government intervention, or even manipulation. If you’re confused about “**should I buy the dip?”** you should know that it works best when actively trading rather than keeping a position for a longer duration. Some of the most important reasons you **should buy the dip** are that the price of crypto assets in the market is still at an all-time high. Some of the top fintech platforms support it; thus, you can gain a lot by investing in a dip. To do this, you can use dynamic dip coin trading platforms. They give you easy access to the many crypto assets on the market and allow you to trade (buy and sell) them while you’re on the go. [![The best coin trading platforms in a dip that you MUST know](https://blog.unocoin.com/wp-content/uploads/2022/08/best-coin-trading-platform-in-the-dip-01-1024x535.png "bestcointradingplatforminthedip01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/08/best-coin-trading-platform-in-the-dip-01.png) The best coin trading platforms in a dip that you MUST know! **Best Crypto asset trading platforms** The top **crypto asset trade platforms** are listed below: **[Unocoin.com](https://unocoin.sng.link/Awg8j/tvsf?_dl=unocoin%3A%2F%2F&_smtype=3)** [Unocoin](https://unocoin.sng.link/Awg8j/tvsf?_dl=unocoin%3A%2F%2F&_smtype=3) is a mobile wallet that enables users to buy, sell, store, use, and accept bitcoins. Users can print paper wallets and import bitcoin addresses to their own address book and also withdraw bitcoins to their paper wallets. Available on both iOS and Android platforms, it acts as a point-of-sale merchant mobile app. Unocoin was launched in 2013 and is based in Tumakuru, India. [**Crypto.com**](https://crypto.com/) Crypto.com is a cryptocurrency exchange company situated in Singapore with a whopping fifty million customers and four thousand employees. Bobby Bao, Gary Or, Kris Marszalek and Rafael Melo founded this company in 2016. Crypto.com has signed sponsorship deals with car racing championships, various sports personalities and the charity organization Water.org. Actor Matt Damon as the brand ambassador was included in the signing of Water.org partnership. Foris DAX Asia, another company based in Singapore, operates Crypto.com. [**Pionex**](https://www.pionex.com/en-US) Pionex is a centralized cryptocurrency exchange that offers thirteen types of crypto trading bits in the bounds of this exchange. It’s a Singapore-based company. It collects its liquidity from Huobi Global and Binance so that its users can enjoy a comfortable trading experience with flawless liquidity. On both, making and taker orders, Pionex charges a flat of 0.05% fees. Pionex attains a USA Money Services Business License (MSB) with a pending Monetary Authority of Singapore (MAS) license. It’s backed by BitUniverse and also, Zhenfund and Gaorong Capital (Well-reputed Chinese Venture Capital Firms) have invested in Pionex. [**Coinbase**](https://www.coinbase.com/) Colonnade is an American Publicly traded company operating a cryptocurrency platform. Brian Armstrong and Fred Ehrsam founded Coinbase in 2012. Since it is a distributed company, all employees work via remote work, which also implies that Coinbase is yet to acquire physical headquarters. By trading volume, Coinbase stands first as the largest cryptocurrency exchange in the US. The products for retail traders entail: - Bitcoin - Bitcoin Bash - Ethereum - Ethereum Classic - Litecoin - Coinbase Wallet - Coinbase Pro - Coinbase NFT [**Binance**](https://binance.com/) Changpeng Zhao founded Binance in 2017, registered now in the Cayman Islands. It is the largest cryptocurrency exchange in the world in terms of the regular trading volume of cryptocurrency. It is served all around the globe, except the US. Binance was forced under investigation by the United States Department of Justice and Internal Revenue Service on accusations of money laundering along with tax offenses. Later on in 2021, Binance had to cease all of its regulated act on it in the United Kingdom under the UK’s Financial Conduct Authority order. [**Kraken**](https://www.kraken.com/) Kraken is both, a cryptocurrency exchange along with a bank. It is located in San Francisco, California, United States, founded in the year 2011. It offers trading between cryptocurrency and fiat currencies, and also provides price data to Bloomberg Terminal. The Owner and CEO of Kraken are Payward and Jesse Powell, respectively. [**Bitstamp**](https://www.bitstamp.net/) Nejc Kodrič (Board Member) and Damian Merlak co-founded Bitcoin. It is a cryptocurrency exchange company situated in Luxembourg (London) and Slovenia (New York City), allowing trading between fiat currency, bitcoin and other cryptocurrencies. Bitcoin offers API to enable clients to utilize custom software to access and control their accounts. Currency: - Bitcoin - Litecoin - Ethereum - ALGO - Bitcoin Cash - XLM - XRP (Ripple) - Link - OMG Network - USD Coin - PAX [**Bybit**](https://www.bybit.com/) Bybit’s Smart Trading System enables to take up profit & eliminate loss at entry, notify strategy alerts and adjust orders with just one click. It offers the top-class market depth, with each trade to be executed with minimal price at impact. The leading HD cold Waller system assures the safety of the user’s funds. **The Bottom Line** A trading chance is only as good as the amount of money you’re willing to put into it. Crypto asset dips are common, but not all will bounce back. Extensive research is one of the finest methods to utilize. You’ll almost always discover that information is worth more than a little discount on a deal, and with the necessary information, you can decide **should you buy the dip**? Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/tvsf?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/tvsf?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [10 Cryptocurrency Events and Updates to watch in 2023](https://blog.unocoin.com/10-cryptocurrency-events-and-updates-to-watch-in-2023/) **Published:** April 19, 2023 **Author:** Unocoin Growth **Content:** The world of cryptocurrencies is constantly evolving and keeping up to date with the latest events, news and updates is essential for both investors and traders. In 2023, the cryptocurrency market is expected to continue its growth and adoption, with new developments and innovations appearing regularly. Here are the top 10 crypto events, news and updates to watch in 2023. **The Shanghai Ethereum Upgrade** The Shanghai Ethereum Upgrade is a series of proposed improvements to the Ethereum blockchain to increase its scalability and performance. The upgrade is expected to be carried out in phases, with the first phase expected to be completed in 2023. **Shibarium** Shibarium is a decentralized exchange built on the Ethereum blockchain that aims to provide a faster, cheaper and safer trading experience. The update will introduce new features and improvements to the platform, including lower gas fees and better liquidity. The update released in Q2 2023. **Central Bank Digital Currencies** Several countries, including China and the Bahamas, have already launched their own central bank digital currencies (CBDCs). Other countries are expected to follow in 2023, further legitimizing cryptocurrencies and blockchain technology. **NFT for games** Non-fungible tokens (NFTs) have become popular for digital art and collectibles, and are expected to penetrate the gaming industry in 2023. NFTs can be used to represent game items and assets, creating new opportunities for players and developers. **Integrating DeFi with traditional finance** Decentralized finance (DeFi) has grown rapidly in recent years and is expected to become more integrated with traditional finance by 2023. This integration could include the use of DeFi protocols by banks and other financial institutions. **Increased regulatory oversight** As the cryptocurrency market grows, regulators around the world are paying more attention to it. In 2023, we can expect increased regulatory oversight, especially when it comes to issues such as money laundering and fraud. **New privacy coins** Private coins like Monero and Zcash are designed to protect the privacy of their users. In 2023, new privacy coins are expected to emerge that will further improve privacy and anonymity in the cryptocurrency world. **Decentralized identity** Decentralized identity solutions are being developed on blockchain technology, which allows individuals to control their own identification data. In 2023, we can expect greater adoption of decentralized identity, especially in industries such as healthcare and finance. **More institutional adoption** Institutional investors such as hedge funds and banks are increasingly interested in cryptocurrencies. In 2023, we can expect greater institutional adoption of cryptocurrencies, which can potentially increase demand and prices. **New use cases** Cryptocurrencies and blockchain technology are being used for an increasing number of use cases, from supply chain management to voting systems. In 2023, we can expect new and innovative use cases to emerge, potentially disrupting traditional industries. In conclusion, these are just a few of the many events, news and updates to watch in the cryptocurrency world in 2023. Keeping up with these developments can help investors and traders make informed decisions and stay ahead of the curve in this rapidly evolving market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Crypto, macro, Unocoin --- ### [Blockchain technology: A game changer in improving efficiency and security across industries](https://blog.unocoin.com/blockchain-technology-a-game-changer-in-improving-efficiency-and-security-across-industries/) **Published:** April 14, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction:** Blockchain technology, the underlying technology behind cryptocurrencies, has received increasing attention from various industries for its potential to increase efficiency and security. This article provides deep insights and a better understanding of how blockchain works and how it can revolutionize various industries. ### **Decentralization:** The decentralized nature of blockchain technology is one of its key advantages. Instead of relying on a single central authority to manage and verify transactions, blockchain uses a network of nodes that work together to verify transactions and maintain an up-to-date and accurate ledger. This increases efficiency by eliminating the need for middlemen and increases security by making it more difficult for hackers to compromise the system. ### **Immutability:** Another critical feature of blockchain technology is its immutability. Once a transaction has been recorded on the blockchain, it cannot be changed or deleted. This provides a high level of transparency and accountability, as each network participant can view the entire transaction history. This feature is particularly important in industries where transparency and accountability are critical, such as supply chain management and healthcare. ### **Finance:** Blockchain technology can improve financial systems by making them more efficient and secure. It enables faster and cheaper cross-border payments by eliminating the need for intermediaries such as correspondent banks. In addition, blockchain-based systems can reduce fraud and increase the transparency of financial transactions, leading to a more reliable and trustworthy financial system. ### **Supply Chain Management:** Blockchain technology can revolutionize supply chain management by providing a transparent and tamper-proof ledger of all transactions. This increases transparency and traceability in supply chains, reduces fraud, improves efficiency and ensures ethical sourcing and production. ### **Health care:** Blockchain technology can improve patient data security and privacy in healthcare using a decentralized network of nodes. Ensures patient data is secure and private, with access to authorized parties when needed. Additionally, blockchain can help reduce healthcare fraud by providing a tamper-proof record of all transactions. ### **Conclusion:** In conclusion, blockchain technology is a powerful tool with the potential to increase efficiency and security in various industries. Its decentralized nature and immutability make it attractive to industries where transparency, accountability and security are essential. Although the technology is still in its early stages, the potential benefits are huge and we are likely to see increasing adoption of blockchain-based systems in the future. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Eth, Unocoin, utility --- ### [Circle pledges to cover $3.3 billion USDC shortfall held at Silicon Valley Bank](https://blog.unocoin.com/circle-pledges-to-cover-3-3-billion-usdc-shortfall-held-at-silicon-valley-bank/) **Published:** April 13, 2023 **Author:** Unocoin Growth **Content:** USDC, the second-largest stablecoin by market capitalisation, saw its peg to the US dollar plummet after it was revealed that $3.3 billion of its funds were held by the now-collapsed Silicon Valley Bank. However, issuer USDC Circle says it will “cover any shortfall” using its own corporate resources and external capital if necessary to maintain a 1:1 ratio against the US dollar. Circle also reiterated that USDC is 100% backed by cash and US Treasuries. Current USDC collateral consists of 77% in US Treasury bills with maturities of three months or less and 23% in cash held at various institutions. The remaining $9.7 billion in cash is held at BNY Mellon to reduce bank risk, while Consumer Bank holds another $1 billion in USDC reserves. Circle maintains transaction and clearing accounts for USDC at Signature Bank. Despite exposure to Silicon Valley, Bank Circle assures USDC has zero exposure to crypto-friendly bank Silvergate, which transferred its “limited reserves” before the bank closed. USDC liquidity operations are expected to resume “business as usual” when banks open on Monday, with Circle expressing confidence in the FDIC’s handling of the SVB situation. As the contagion from SVB’s collapse spreads, Circle remains hopeful that the FDIC will pursue a quick purchase and takeover of the strong franchise to ensure all depositors are okay. While USDC liquidity may have been affected by this development, Circle’s commitment to maintain a 1:1 ratio against the US dollar may help restore confidence in the stablecoin. In conclusion, although the USDC has experienced a temporary setback due to the collapse of Silicon Valley Bank, Circle’s assurances and commitments may help soften the impact on the stablecoin. How the situation will play out remains to be seen, but USDC’s resilience and stability may help maintain confidence in the broader cryptocurrency market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Btc, SVB, Unocoin, USDC --- ### [Introducing crypto basket at Unocoin](https://blog.unocoin.com/introducing-crypto-basket-at-unocoin/) **Published:** March 27, 2023 **Author:** Unocoin Growth **Content:** We are excited to announce the launch of our new offering: [***crypto baskets***](https://unocoin.com/in/crypto-basket). Our cryptocurrency baskets are designed to provide investors with a diversified approach to investing in cryptocurrencies. These baskets allow investors to gain exposure to multiple cryptocurrencies and provide them with the opportunity to benefit from the growth potential of various assets. Our cryptocurrency baskets are carefully curated and include a range of cryptocurrencies that are handpicked by our team of experts. We have identified five unique baskets that cater to different investment strategies and risk profiles. These Baskets are: [**Midcap Basket**](https://unocoin.com/in/crypto-basket), which contains an equally balanced selection of mid-cap cryptocurrencies that have seen significant growth over the past year. This basket contains popular coins such as Polkadot, Wrapped Bitcoin and Chainlink, with each coin being allocated an equal percentage of the total portfolio value. While the performance of this basket is highly dependent on the individual coins included, mid-cap cryptocurrencies have shown significant growth potential and could be a good addition to a well-diversified crypto portfolio. [**A basket of gaming tokens**](https://unocoin.com/in/crypto-basket) that contains the best tokens based on market cap that are creating the next generation of decentralised gaming. With the global gaming market expected to grow to over $300 billion by 2025, this basket provides exposure to the exciting and fast-growing sector of the crypto space. The top tokens in this basket include Enjin Coin and The Sandbox, with each token being allocated an equal percentage of the total portfolio value. [**Governance tokens** ](https://unocoin.com/in/crypto-basket)have also become increasingly popular in the past year as decentralised finance (DeFi) continues to grow. The Governance Tokens basket contains the best tokens based on market capitalisation that facilitate the governance of blockchain projects. This basket contains coins such as Aave, Curve DAO and Maker, with each token being allocated an equal percentage of the total portfolio value. Governance tokens have seen significant growth over the past year, with several coins posting gains in excess of 500%. **Privacy and security** concerns continue to be a major concern in the crypto space, making privacy tokens a popular choice for investors who want to maintain privacy in their cryptocurrency transactions. [The Privacy Tokens basket](https://unocoin.com/in/crypto-basket) contains the best tokens on the market based on market cap, including top coins like DASH and ZCash. Each token in this basket is allocated an equal percentage of the total value of the portfolio. For those new to the world of crypto investing, [**Beginner’s Basket** ](https://unocoin.com/in/crypto-basket)offers exposure to some of the largest crypto assets by market cap, including Bitcoin, Ethereum, and USD stablecoins. This basket is divided equally between three coins, with each coin being allocated 33.33% of the total portfolio value. [**Stablecoins basket** ](https://unocoin.com/in/crypto-basket)contains a collection of the best stablecoins providing liquidity in the DeFi ecosystem based on market cap. Stablecoins have become increasingly popular over the past year as a way to hedge against volatility in the crypto space, and this basket provides exposure to the most popular stablecoins such as Tether and Binance USD. [**Blue Chip:** ](https://unocoin.com/in/crypto-basket)This basket contains a selection of cryptocurrencies with established records and large market caps, such as Bitcoin, Ethereum, Binance Coin, XRP, Cardano and Solana. [**Metaverse:**](https://unocoin.com/in/crypto-basket) This basket contains a selection of cryptocurrencies that are focused on creating virtual worlds, such as Sandbox, Decentraland, Axie Infinity, Enjin, Gala, Wax and Flow. [**NFT:**](https://unocoin.com/in/crypto-basket) This basket contains a selection of cryptocurrencies that are focused on non-fungible tokens (NFTs) such as Sandbox, Decentraland, Axie Infinity, Chiliz, Audius and Ape. [**DeFi:** ](https://unocoin.com/in/crypto-basket)This basket contains a selection of cryptocurrencies that are focused on decentralised finance (DeFi), such as Uniswap, PancakeSwap, Compound, Curve, 1inch and Aave. [**Smart Contracts:** ](https://unocoin.com/in/crypto-basket)This basket contains a selection of cryptocurrencies that focus on smart contract technology, such as Ethereum, Cardano, Binance Coin, Solana, Polygon, Polkadot and TRON. We understand that investing in cryptocurrencies can be overwhelming, which is why our Baskets are designed to simplify the investment process. Investors can purchase any of our crypto baskets with a single click without having to worry about the complexity of buying and managing multiple cryptocurrencies. By investing in our [crypto baskets](https://unocoin.com/in/crypto-basket), investors can benefit from the growth potential of various cryptocurrencies while minimising their risks. Our baskets are designed to provide a diversified approach to cryptocurrency investments, which can help reduce volatility and increase returns. At Unocoin, we are committed to providing our customers with the best possible investment experience. Our crypto bins are a testament to our commitment to innovation and excellence. We believe that our cryptocurrencies will appeal to a wide range of investors, from those just starting to discover the world of cryptocurrencies to experienced traders looking to diversify their portfolios. In conclusion, we are excited to offer our [cryptocurrency baskets](https://unocoin.com/in/crypto-basket) to our customers and we believe this new offering will revolutionise the way people invest in cryptocurrencies. Our team is focused on providing the best possible investment experience to our customers and we are confident that our crypto baskets will help our customers achieve their investment goals. Visit Unocoin.com today to learn more about our crypto bins and start investing in the future of finance. To Learn more about https://unocoin.com/in/support/crypto-basket-faq/ Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Development, Featured **Tags:** cryptobasket, Cryptocurrency, Unocoin --- ### [How to Make NFTs? What are its use cases in crypto?](https://blog.unocoin.com/how-to-make-nfts-and-its-use-cases-in-crypto/) **Published:** March 23, 2023 **Author:** Unocoin Growth **Content:** Non-Fungible Tokens (NFTs) have gained considerable popularity in the world of cryptocurrencies and blockchain technology. NFTs are digital assets that represent ownership of unique items such as artwork, music, and other digital content. In this article, we will explore how to create NFTs and their use cases in cryptocurrencies. ## **Creating an NFT involves the following steps:** ### **Choose a blockchain:** NFTs are created on a blockchain, so you need to choose which blockchain you want to use. Ethereum is the most popular blockchain for NFTs, but other options include Cardano, Binance Smart Chain, Polkadot, and Flow. ### **Create a digital asset:** You need to create a digital asset that you want to convert to an NFT. It can be anything from a digital piece of art to a tweet. ### **Minting NFTs:** Once you have created your digital asset, you need to mint them into NFTs. This involves using a smart contract on the chosen blockchain to create a unique token that represents ownership of the asset. ### **Sell ​​or Auction NFTs:** Once an NFT is minted, you can sell or auction it on a market that supports NFTs. Some popular NFT marketplaces include OpenSea, Rarible, and SuperRare. Now that we’ve covered how to create NFTs, let’s explore their use cases in cryptocurrencies. ### **Digital Art:** NFTs have been used to sell digital artwork for millions of dollars. NFTs provide a way for artists to monetise their digital creations and prove ownership of their work. ### **Gameplay:** NFTs can be used in games to represent unique items such as weapons or characters. This allows players to actually own their game items and even sell them to other players. ### **Collectibles:** NFTs can be used to create digital collectibles that are unique and rare. This led to the creation of digital trading cards, virtual pets and other collectibles. ### **Real Estate:** NFTs can be used to represent ownership of physical assets such as real estate. This provides a way for individuals to buy and sell fractional ownership of real estate without the need for intermediaries. In conclusion, NFTs have a wide variety of use cases in cryptocurrencies and are becoming increasingly popular. Follow the steps above to create your own NFT and explore the exciting world of digital ownership and monetisation. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, Btc, Cryptocurrency, Cryptocurrency Exchange, Nft, Nft Marketplace, Unocoin --- ### [Gearing up for Central Bank Digital Currencies (CBDC)](https://blog.unocoin.com/gearing-up-for-central-bank-digital-currencies-cbdc/) **Published:** April 5, 2023 **Author:** Unocoin Growth **Content:** Central Bank Digital Currencies (CBDCs) are a form of digital currency that is being developed and tested by many countries around the world. CBDCs are issued by central banks and are designed to serve as a digital representation of a country’s physical currency. In this article we will explore what CBDCs are, how they work and why they are being developed. ## **What are CBDCs?** CBDCs are digital versions of a country’s physical currency, issued and backed by its central bank. Unlike cryptocurrencies, which are decentralised and operate independently of government control, CBDCs are centralised and operate under the supervision of a country’s central bank ### **How do CBDCs work?** CBDCs work similarly to traditional currency. They are issued and backed by a central bank and their value is tied to the value of the country’s physical currency. CBDCs are stored in digital wallets that can be accessed via a mobile app or other digital platform. Transactions are processed using blockchain technology, which provides a secure and transparent way to transfer funds. ### **Why are CBDCs being developed?** CBDCs are being developed for several reasons. One of the main reasons is to provide a more efficient and cost-effective way to transfer funds. CBDC can be transferred instantly, 24/7 and without the need for intermediaries such as banks or payment processors. CBDCs can also help reduce financial exclusion as they can be accessed by anyone with a mobile phone or other digital device. Another reason for the development of CBDC is to provide a digital alternative to physical currency. As more and more transactions take place digitally, the need for physical currency is diminishing. CBDCs can help bridge the gap between physical and digital currencies and provide a seamless and secure way to transfer funds. ### **Conclusion** CBDCs are a form of digital currency that is being developed and tested by many countries around the world. They offer several advantages over traditional currency, including faster and more cost-effective transactions, reduced financial exclusion, and a digital alternative to physical currency. As the world becomes increasingly digital, CBDCs are likely to become an important part of the global financial system. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Development, News **Tags:** bitcoin, Btc, cbdc, Crypto, Unocoin --- ### [Cryptocurrency Price Predictions for 2023](https://blog.unocoin.com/cryptocurrency-price-predictions-for-2023/) **Published:** April 4, 2023 **Author:** Unocoin Growth **Content:** ## **Cryptocurrency price predictions for 2023** Cryptocurrency has gained considerable popularity in recent years, and many investors are betting on the long-term growth potential of digital currencies. As the cryptocurrency market continues to develop and mature, experts have predicted the prices of some of the top cryptocurrencies in 2023. ### **Bitcoin** Bitcoin, the world’s largest cryptocurrency, has been a popular investment option for many years. As of March 2023, the price of Bitcoin is expected to continue to rise, with some experts predicting that it could reach $45000 or more by the end of 2023. This growth is driven by increased adoption by institutions and retail investors, as well as continued global economic uncertainty. ### **Ethereum** Ethereum, the second largest cryptocurrency by market capitalization, is expected to see strong growth in 2023. The price of Ethereum could reach $3000 or more by the end of 2023, thanks to the continued growth of decentralized finance (DeFi) and non-fungible tokens (NFTs) on the Ethereum network. Ethereum has seen a significant increase in demand from developers and businesses looking to build decentralized applications (dApps) on the Ethereum network. ### **Binance Coin** Binance Coin, the native cryptocurrency of the Binance exchange, has seen significant growth in recent years. Experts predict that the price of Binance Coin could reach $400 or more by the end of 2023, thanks to the continued growth of the Binance ecosystem and increased adoption by retail investors. Binance Coin is used to pay fees on the Binance exchange, and as the exchange continues to grow, the demand for Binance Coin is expected to increase. ### **Cardano** Cardano is a newer cryptocurrency that has gained popularity in recent years. As of March 2023, Cardano is expected to see significant growth in 2023, with experts predicting that the price of Cardano could reach $2 or more by the end of 2023. This growth is driven by the continued development of the Cardano network and increased adoption by institutions and retail investors. Cardano has been touted as a potential rival to Ethereum with a focus on scalability, security and sustainability. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Bitcoin Price Prediction, bitcopin, Btc, Unocoin --- ### [A current overview of cryptocurrency regulations in India](https://blog.unocoin.com/a-current-overview-of-cryptocurrency-regulations-in-india/) **Published:** March 6, 2023 **Author:** Unocoin Growth **Content:** **Cryptocurrency Regulations in India: A Comprehensive Overview** **Introduction:** The crypto industry in India has seen significant growth recently, leading to increased attention from the Indian government. Cryptocurrency regulations in India have been the subject of much debate and the government has taken steps to regulate the sector. **April 2018 – Restrictions by RBI:** In April 2018, the Reserve Bank of India (RBI) issued circular restricting banks and financial institutions from dealing in virtual currencies. This circular effectively prohibited banks from providing services to cryptocurrency exchanges, resulting in a slowdown in the growth of the crypto industry. However, the restrictions were challenged in the Supreme Court of India and were found unconstitutional in March 2020. **December 2020 – Cryptocurrency and Official Digital Currency Act Regulation:** In December 2020, the Government of India introduced the Cryptocurrency and Regulation of Official Digital Currency Act, which aims to restrict all private cryptocurrencies in the country and establish the digital rupee as the official digital currency. The bill met with strong opposition and was referred to a parliamentary committee for further consideration. **January 2021 – Government open to cryptocurrency:** In January 2021, Indian Finance Minister Nirmala Sitharaman announced that the government was open to considering the use of cryptocurrencies and was not in favor of a complete ban. This statement marked a positive step towards regulating the crypto industry in India. **New rules on the horizon(2022 – 2023)** In the Union Budget 2022-23, the Government of India has declared that the transfer of virtual currencies/cryptocurrencies will be subject to a 30% withholding tax, and gifts in the form of virtual assets/cryptocurrencies will be taxable to the recipient. Despite this, in July 2022, the RBI recommended certain restrictions on cryptocurrencies, citing concerns about their potential negative impact on the country’s monetary and fiscal stability. The Indian government is currently working on a new set of regulations for cryptocurrencies in India. The new regulations are expected to address issues such as anti-money laundering (AML) and know-your-customer (KYC) requirements, taxation, and investor protection. The government is also expected to provide a clear definition of what constitutes a cryptocurrency and create a regulatory framework for initial coin offerings (ICOs). The new cryptocurrency regulations in India are expected to provide a clearer framework for the functioning of the crypto industry in the country. The Indian crypto community and industry experts have welcomed the government’s decision to regulate the crypto industry and hope that the new regulations will be fair and balanced. With new regulations on the horizon, the future of the crypto industry in India looks bright. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, News **Tags:** Bitcoin Regulation, Crypto Regulation, Cryptocurrency, Unocoin --- ### [Central bank's digital currency and the future of monetary policy](https://blog.unocoin.com/central-banks-digital-currency-and-the-future-of-monetary-policy/) **Published:** April 3, 2023 **Author:** Unocoin Growth **Content:** A central bank digital currency (CBDC) is a type of digital currency issued by a country’s central bank, backed by the full faith and credit of the government. It is a digital version of fiat currency that operates on the blockchain network and offers a safer and more efficient way to conduct financial transactions. CBDC has been gaining momentum in recent years and many central banks around the world are exploring the idea of ​​issuing their own digital currencies. Potential benefits of CBDCs include greater financial inclusion, reduced transaction costs and better monetary policy. ## **Main Benefits** One of the main benefits of CBDC is that it provides greater financial inclusion by allowing access to financial services even for the unbanked. A CBDC would allow these populations to store and trade money without the need for a traditional bank account, which could have a significant impact on reducing poverty and inequality. ## **Transaction costs** A CBDC could also reduce transaction costs by removing middlemen and reducing the need for physical cash. This could lead to faster, more efficient and cheaper transactions, especially for cross-border payments. ## **Advantages of CBDC** In terms of monetary policy, a CBDC would give central banks more control over the money supply, as they would have direct access to transaction information and the ability to adjust interest rates and other monetary policy tools in real time. This would improve the effectiveness of monetary policy and could help prevent financial crises. ## **Cons of CBDC** However, there are potential downsides to CBDCs as well. For example, a CBDC could lead to a greater concentration of power in the hands of central banks, as they would have even greater control over the money supply. It could also raise concerns about privacy and data security, as central banks would have access to detailed information about all financial transactions. ### **Conclusion** In conclusion, CBDC has the potential to change the way we conduct financial transactions and conduct monetary policy. While there are still many unanswered questions and potential risks associated with CBDC, it is clear that it is a technology worth exploring further. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, News **Tags:** bitcoin, Btc, cbdc, Cryptocurrency, Unocoin --- ### [How Gaming Industry is Evolving With Blockchain?](https://blog.unocoin.com/how-gaming-industry-is-evolving-with-blockchain/) **Published:** March 29, 2023 **Author:** Unocoin Growth **Content:** ## **How is the gaming industry developing with blockchain?** The gaming industry is evolving rapidly, and blockchain technology is playing a large part in this growth. By implementing crypto games, blockchain technology allows players to truly own their game assets and provides a safer, more transparent and decentralised gaming experience. In addition, players can earn cryptocurrencies while playing games, creating new revenue streams for both players and game developers. ### **Ownership and control of in-game assets** One of the main benefits of blockchain technology in the gaming industry is the decentralised ownership and control of in-game assets. With blockchain, players can actually own their game assets such as weapons, skins and other virtual items. This means players can trade or sell their assets without the need for a central authority, giving them more control over their gaming experience. ### **More secure transactions** Blockchain technology also provides a more secure transaction experience in games. Players can use cryptocurrencies to purchase in-game items, which are then stored in a secure blockchain ledger. This eliminates the risk of fraud or theft as all transactions are recorded and verified on the blockchain. ### **Improved transparency** Blockchain technology can improve transparency in the gaming industry. A blockchain’s public ledger records and makes visible all transactions on the network, which can help prevent cheating or fraud. This creates a more trustworthy and fair gaming experience for players. ### **Decentralised gaming platforms** Blockchain technology can enable the creation of decentralised gaming platforms where players can participate in games without the need for a centralised authority. Decentralised platforms can reduce costs and increase transparency in the gaming industry. This creates a more accessible and fair gaming experience for players. ### **Can I earn cryptocurrencies while playing games?** Yes, players can earn cryptocurrencies while playing games. Thanks to blockchain technology, game developers can create non-fungible tokens (NFTs) for unique in-game items that can then be sold to players. Players can earn cryptocurrency by completing certain tasks or achieving certain in-game goals and then use that cryptocurrency to purchase NFTs or other in-game items. This creates new revenue streams for both players and game developers. #### **Conclusion** Blockchain technology is revolutionising the gaming industry by giving players greater ownership and control over their gaming assets, safer transactions, better transparency, decentralised gaming platforms, and the ability to earn cryptocurrencies while playing games. As blockchain technology continues to evolve, it is likely that the gaming industry will see even more innovation and growth in the coming years. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** gaming, Nft, nft gaming, Unocoin --- ### [Impact of Bitcoin Adoption in El Salvador](https://blog.unocoin.com/impact-of-bitcoin-adoption-in-el-salvador/) **Published:** March 27, 2023 **Author:** Unocoin Growth **Content:** ## **Impact of Bitcoin Adoption in El Salvador** The adoption of Bitcoin as legal tender in El Salvador has made waves in the cryptocurrency world and beyond. The move was led by President Nayib Bukele, who has a reputation as a technologically savvy and forward-thinking leader. The decision to adopt Bitcoin was met with mixed reactions, both in El Salvador and internationally. While some praised the move as a step towards financial innovation and inclusion, others criticised it as a risky and volatile decision. Politically, Bukele’s decision to embrace Bitcoin has solidified his support among his base, many of whom are young and tech-savvy. But it has also drawn criticism from opposition groups who see the move as a distraction from more pressing issues such as poverty and inequality. In terms of global impact on Bitcoin, El Salvador’s adoption was seen as a milestone for cryptocurrency adoption. This led to renewed interest in Bitcoin as a means of payment, and several other countries, including Paraguay and Panama, expressed interest in following in El Salvador’s footsteps. However, the move also raised concerns about the potential risks of Bitcoin adoption. The value of cryptocurrency is notoriously volatile, and there are fears that it could destabilise El Salvador’s economy if its value were to suddenly drop. Despite these concerns, the impact of Bitcoin adoption in El Salvador remains to be seen. It could serve as a model for other countries looking to adopt cryptocurrency, or it could turn out to be a risky and ill-conceived experiment. Only time will tell. 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At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News **Tags:** bitcoin adoption, Cryptocurrency, Unocoin --- ### [Know your Dogecoin: Price Predictions, History, Analysis & Uses of Dogecoin](https://blog.unocoin.com/know-your-dogecoin-price-predictions-history-analysis-uses-of-dogecoin/) **Published:** March 24, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction: Understanding DOGE as a cryptocurrency** Dogecoin, abbreviated as DOGE, is a cryptocurrency that was created in 2013. It is based on the popular internet meme “Doge”. DOGE is a decentralised digital currency that operates on a peer-to-peer network, meaning it has no central authority to control its operations. ### **The History of DOGE: From Meme to Cryptocurrency** DOGE was created by Billy Markus and Jackson Palmer as a joke to make fun of the cryptocurrency hype in 2013. However, it quickly gained a following and became a legitimate cryptocurrency. Its popularity was fuelled by the Doge meme, which was extremely popular at the time. Despite being a meme-based cryptocurrency, DOGE has survived and thrived over the years. ### **Technical aspects of DOGE: A look under the hood** DOGE is a fork of Litecoin, which is a fork of Bitcoin. It uses the Scrypt algorithm, which is designed to make DOGE mining more difficult with ASIC machines. DOGE has a block time of one minute and the maximum supply of DOGE is unlimited, with over 130 billion coins in circulation as of 2023. ### **Comparison with other cryptocurrencies: How does DOGE stack up?** Compared to other cryptocurrencies, DOGE has relatively low transaction fees and fast transaction times. However, it lacks some features that other cryptocurrencies such as Ethereum offer, such as the smart contract feature. ### **Disadvantages of DOGE: Risks and limitations** One of the main disadvantages of DOGE is that it lacks a clear development plan and long-term plan. Moreover, its unlimited supply can lead to inflationary problems over time. ### **DOGE trading and usage possibilities: Where can it be traded and what is its potential?** DOGE can be traded on various cryptocurrency exchanges including unocoin, .Its potential uses include online purchases and gifts, as well as speculative investments. ### **Why users should buy DOGE: What are the benefits?** Some users may buy DOGE because of the low transaction fees and fast transaction times. In addition, it has a dedicated community of supporters who continue to promote and use cryptocurrency. ### **Conclusion: Is it worth investing in DOGE?** DOGE is a unique cryptocurrency that has managed to survive and thrive despite its origins as a meme-based joke. It has relatively low transaction fees and fast transaction times, which may make it attractive to some users. However, it also has some disadvantages, such as the lack of a clear development plan and long-term plan. Deciding whether or not to invest in DOGE is ultimately a decision that should be based on careful research and analysis of the cryptocurrency market. DOGE is currently trading at INR 6 per coin in the Indian market.In the global market, the price of DOGE is around 0.3 USDT per coin. The price of DOGE can be volatile and can fluctuate rapidly due to various market factors. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** Crypto, Cryptocurrency, Cryptocurrency Exchange, Doge, Dogecoin, Dogecoin News, Dogecoin Price, Unocoin --- ### [How to take advantage of economic events in crypto?](https://blog.unocoin.com/how-to-take-advantage-of-economic-events-in-crypto/) **Published:** March 20, 2023 **Author:** Unocoin Growth **Content:** The cryptocurrency market is heavily influenced by a number of economic indicators and events. These indicators can provide valuable information about market trends, investor sentiment and overall market conditions. Some of the most important economic indicators for the cryptocurrency market include CPI, PMI and FOMC. ## **CPI** The CPI, or consumer price index, is a measure of inflation that tracks changes in the prices of a basket of goods and services over time. Inflation can have a significant impact on the cryptocurrency market as it can affect investor sentiment and the value of currencies. Inflationary pressures may lead investors to seek alternative investments such as cryptocurrencies to hedge against inflation. For example, during periods of high inflation in countries such as Venezuela, the demand for Bitcoin increased significantly. ## **PMI** The PMI, or purchasing managers’ index, is a measure of economic activity in the manufacturing and service sectors. It tracks, among other things, changes in production, new orders and employment levels. The PMI can provide valuable insights into the overall health of the economy and can influence investor sentiment. A strong PMI reading can lead investors to be bullish on the market, while a weak reading can lead to increased bearishness. This, in turn, can affect the demand for cryptocurrencies, as investors may view them as a safe haven during uncertain economic times. ## **FOMC** The FOMC, or Federal Open Market Committee, is the policy-making body of the US Federal Reserve. The FOMC determines monetary policy, including interest rates, and can have a significant impact on the global economy and financial markets. Changes in interest rates can affect the value of currencies and other assets, including cryptocurrencies. For example, the FOMC’s decision to raise interest rates may lead to a strengthening of the US dollar, which may cause the value of cryptocurrencies to fall. In addition to these economic indicators, other factors can also affect the volatility of the cryptocurrency market. For example, geopolitical events such as wars or political instability can lead to increased market volatility. Cyber ​​security incidents such as hacking or data breaches can also lead to increased volatility and uncertainty for investors. In conclusion, the cryptocurrency market is influenced by a number of economic indicators and events, including CPI, PMI and FOMC. These indicators can provide valuable information about market trends and investor sentiment and can affect the value of cryptocurrencies. Traders and investors should stay informed about these indicators and events in order to make informed trading decisions and effectively manage risk. 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At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, CPI, Cryptocurrency, FOMC, Inflation, PMI, Unocoin --- ### [Cryptocurrency regulations and Policies in India | Indian crypto law](https://blog.unocoin.com/cryptocurrency-regulations-and-policies-in-india-indian-crypto-law/) **Published:** March 17, 2023 **Author:** Unocoin Growth **Content:** The Deputy Managing Director of the International Monetary Fund (IMF) believes that India’s G20 presidency has the potential to make significant progress on three critical issues, including cryptocurrency regulation. The precipitous fall of several key cryptocurrency players in 2022 highlighted the need for regulation to protect consumers and investors and preserve the integrity of financial markets. ## **Cryptocurrencies were designed to be decentralised** However, the industry is becoming more and more centralised. Centralised exchanges can offer a wider range of features and services and process transactions faster and more efficiently than decentralised exchanges. The shift towards centralisation has been driven by the ability of centralised exchanges to monetize their platforms more efficiently than decentralised ones, allowing them to grow and expand. Scandals also plague the industry, involving greed, inflating balance sheets and manipulating the value of shares or tokens, highlighting the need for regulation. ## **Regulation** **Regulation** is necessary to protect consumers from fraud and other financial crimes, to promote greater stability and reliability in the cryptocurrency market, and to ensure that cryptocurrencies are used in a manner consistent with broader financial and economic policies. India’s attitude towards cryptocurrencies has evolved and it has proposed a regulatory framework for cryptocurrencies. The government has announced significant changes to the treatment of virtual assets, including cryptocurrencies, and proposed a flat 30 percent income tax on the transfer of “crypto-assets.” India has an opportunity to pioneer cryptocurrency regulation during its G20 presidency. The G20 can help create global consensus and frameworks to regulate cryptocurrencies, protect consumers and preserve the integrity of financial markets. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News **Tags:** bitcoin, Bitcoin Regulation, Unocoin --- ### [7 Tricks to Balance Emotions while Trading](https://blog.unocoin.com/7-tricks-to-balance-emotions-while-trading/) **Published:** March 16, 2023 **Author:** Unocoin Growth **Content:** ## **7 Tips for Managing Your Emotions** Trading can be an emotional roller coaster with highs of success and lows of failure, which can often lead to bad decisions. Learning to control your emotions and manage your reactions is essential to success in trading. Here are seven tips to help you control your emotions when trading: 1. ### **Have a plan and stick to it** The first step to controlling emotions in trading is to have a well-defined trading plan. The plan should include your entry and exit points, risk management strategy and the amount of money you are willing to invest. When you have a plan, you have a set of rules to follow, which makes emotional decisions less likely. Stick to your plan, even when emotions run high, and you’ll be less likely to deviate from your strategy. ### **2. Set realistic expectations** Setting realistic expectations is another critical factor in managing emotions when trading. It is important to remember that trading is a long-term game and not every trade will be successful. Avoid putting too much pressure on yourself to perform perfectly and be patient with your trades. Set reasonable goals for your business performance and focus on long-term success. ### **3. Manage your risk** Risk management is an effective way to control your emotions when trading. Determine your maximum risk for each trade and stick to it. Avoid excessive risk, which can lead to large losses, and do not let your emotions drive you to increase your risk. ### **4. Take breaks** Breaks are a crucial aspect of managing emotions when trading. When you feel overwhelmed or emotional, take a break from trading. Clear your mind, take a walk or engage in an activity that helps you relax and refocus. You will be able to return to trading with a fresh perspective and a clear head. ### **5. Avoid impulsive decisions** Impulsive decisions can hurt your business performance. Before making a trade, take the time to analyze the market and consider all available information. Avoid acting on emotion and stick to your plan. ### **6. Keep a business journal** Keeping a trading journal can help you identify patterns in your emotions and trading behavior. Record your thoughts and emotions in a journal and use them to analyze your performance. Over time, you will be able to make changes and improve your trading performance. ### **7. Practice mindfulness** Practicing mindfulness can help you stay calm and focused while trading. Take a few deep breaths and focus on the present moment rather than worrying about the future or dwelling on the past. By practicing mindfulness, you will be able to make more rational decisions and reduce the impact of emotions on your trading. Controlling your emotions in trading is essential to your success as a trader. By having a plan, setting realistic expectations, managing your risks, taking breaks, avoiding impulsive decisions, keeping a trading journal, and practicing mindfulness, you can improve your trading performance and achieve long-term success. Remember to be patient, stay disciplined and don’t let emotions drive your trading decisions. 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At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Tutorials **Tags:** Bitcoin Trading, Cryptocurrency, Trading For Beginner, Unocoin --- ### [Analysis of social and economic impact of cryptocurrency](https://blog.unocoin.com/analysis-of-social-and-economic-impact-of-cryptocurrency/) **Published:** March 13, 2023 **Author:** Unocoin Growth **Content:** Cryptocurrencies have seen significant progress in recent years, and their impact on society and the economy is becoming increasingly apparent. From their potential to disrupt traditional financial systems to their ability to enable new forms of decentralized applications, cryptocurrencies have both positive and negative impacts on the world around us. ## **Positive Impacts of Cryptocurrencies** On the plus side, cryptocurrencies have the potential to provide greater financial inclusion, especially for people who do not have access to traditional financial services. Cryptocurrencies allow individuals to send and receive payments around the world without relying on a centralized authority, facilitating cross-border transactions. This has the potential to enable more people to participate in the global economy, as well as reduce transaction fees for small businesses and individuals. In addition, cryptocurrencies create new opportunities for innovation and business. The blockchain technology that underpins most cryptocurrencies allows for the development of decentralized applications that can be used for a variety of purposes beyond financial transactions. This has given rise to new industries such as Decentralized Finance (DeFi), Non-Fungible Tokens (NFT) and others. ## **Negative Impacts of Cryptocurrencies** However, there are also negative impacts associated with cryptocurrencies. One of the main concerns is their potential to facilitate illegal activities such as money laundering, terrorist financing and other forms of illegal activity. Cryptocurrencies are also notoriously volatile, with prices that can fluctuate wildly over short periods of time, leading to concerns about their stability as stores of value. Another negative impact of cryptocurrencies is their impact on the environment. Many cryptocurrencies rely on proof-of-work consensus algorithms that require a significant amount of energy to maintain the network. This has led to concerns about the carbon footprint of cryptocurrencies, with some estimates suggesting that the energy consumption required to mine Bitcoin alone is equivalent to that of a small country. ### **Conclusion** Cryptocurrencies have both positive and negative social and economic impacts. While they have the potential to enable greater financial inclusion and innovation, they also present risks such as facilitating illicit activity and contributing to climate change. As the use and adoption of cryptocurrencies continue to grow, it is imperative to carefully consider these impacts and consider possible solutions to mitigate their negative impacts. 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At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News **Tags:** Bitcoin Crypto, Cryptocurrency, Unocoin --- ### [Why has crypto come under the prevention of money laundering act?](https://blog.unocoin.com/why-has-crypto-come-under-the-prevention-of-money-laundering-act/) **Published:** March 10, 2023 **Author:** Unocoin Growth **Content:** The government’s decision to bring cryptocurrency transactions under the Prevention of Money Laundering Act (PMLA) is a significant step toward curbing illicit financial activities. Cryptocurrencies are a topic of discussion for regulators and policymakers around the world due to their decentralized and anonymous nature. The lack of regulation in the cryptocurrency market has made it an attractive option for money launderers and other criminals to engage in illegal activities. The Indian government’s announcement that all crypto businesses will fall under the Prevention of Money Laundering Act 2022 is a major step forward in regulating the industry. Under this new framework, crypto businesses will be required to implement and report on a range of measures, including - Know Your Transactions (KYT) - Transaction monitoring and reporting - Address screening and reporting - Suspicious Activity Reports (SARs) - Suspicious Transaction Reports (STRs) These measures are aimed at preventing money laundering and other illegal activities in the crypto space. This move is likely to boost investor confidence in the industry while ensuring greater accountability and transparency for crypto businesses operating in India. By introducing cryptocurrency transactions under the PMLA, the government can ensure that cryptocurrency transactions are subject to the same level of scrutiny and regulation as traditional financial transactions. This will help in identifying and preventing any suspicious transactions and prosecuting those involved in money laundering. However, it is important to note that cryptocurrency transactions are not inherently illegal or used for illegal activities. Many legitimate businesses and individuals use cryptocurrencies for various purposes, such as investing or paying for goods and services. Therefore, it is important for the government to strike a balance between regulating the cryptocurrency market and ensuring that it does not hinder innovation or legitimate use cases for cryptocurrencies. The Indian government’s recent decision to list cryptocurrency transactions under the Prevention of Money Laundering Act (PMLA) has been welcomed by industry experts as a positive step to regulate the cryptocurrency market. The announcement reflects the government’s intention to regulate the virtual currency/digital asset (VDA) space rather than imposing an outright ban, which has been a major concern for crypto investors in India. However, the Reserve Bank of India (RBI) has been cautious about crypto assets and their potential risks, with RBI Governor Shaktikanta Das saying that investing in cryptocurrencies was akin to gambling and could undermine the power of the central bank. Despite this, the Indian government, which currently chairs the G20, is pushing for a joint global effort to regulate VDAs and mitigate potential risks. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News **Tags:** Bitcoin Regulation, Crypto Regulation, Unocoin --- ### [What is Fundamental Analysis and How to Do It?](https://blog.unocoin.com/what-is-fundamental-analysis-and-how-to-do-it/) **Published:** March 8, 2023 **Author:** Unocoin Growth **Content:** Fundamental analysis is a method of analyzing the intrinsic value of an asset by examining the underlying economic and financial factors that influence its price. In the context of cryptocurrencies, this involves analyzing the factors that affect the value of a particular digital currency, such as its technology, adoption, community, competition, and regulatory environment. ## **There are a few key steps to follow in order to perform basic cryptocurrency analysis:** ### **Understand the technology:** One of the primary factors to consider when analyzing a cryptocurrency is its underlying technology. This includes examining the coin’s consensus algorithm, its scalability, security, and other technical features that set it apart from other cryptocurrencies. For example, when analyzing Bitcoin, it is important to understand its Proof-of-Work consensus algorithm, its limited supply of 21 million coins, and its ability to act as a decentralized store of value. ### **Look at adoption:** The adoption of a cryptocurrency can be a strong indicator of its value. This includes user base research, merchant adoption and institutional investment. For example, Ethereum’s widespread adoption in the decentralized finance (DeFi) ecosystem has helped drive its price growth as more people use its smart contract functionality to build decentralized applications. ### **Analyze the community:** The community of a cryptocurrency can also be a key factor in determining its value. This includes tracking developer activity levels, social media engagement and community sentiment. For example, Dogecoin’s strong community of supporters, including Elon Musk, has helped increase its popularity and value despite its limited real-world use cases. ### **Consider the Competition:** As the cryptocurrency market becomes increasingly crowded, it is important to consider the competition in the space. This includes examining its market share, competitive advantages and potential threats from other cryptocurrencies. For example, Cardano’s strong community and focus on sustainability have helped it compete with other smart contract platforms such as Ethereum and Solana. ### **Look at the Regulatory Environment:** Finally, it is important to consider the regulatory environment surrounding cryptocurrency. This includes reviewing any regulatory measures taken by governments or financial institutions, as well as any potential legal or regulatory risks. For example, the recent crackdown on cryptocurrency mining and trading in China has had a significant impact on the value of Bitcoin and other cryptocurrencies. In conclusion, fundamental analysis can be a useful tool for analyzing the intrinsic value of a cryptocurrency. By examining the underlying economic and financial factors that influence its price, investors can make more informed decisions about which cryptocurrencies to invest in. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Tutorials **Tags:** Cryptocurrency, FUNDAMENTAL ANALYSIS, Unocoin --- ### [Historic Ruling 4th March 2020: India's Supreme Court Lifts RBI's Ban on Banks from facilitating crypto transactions](https://blog.unocoin.com/historic-ruling-4th-march-2020-indias-supreme-court-lifts-rbis-ban-on-banks-from-facilitating-crypto-transactions/) **Published:** March 4, 2023 **Author:** Unocoin Growth **Content:** ## **Supreme court quashes cryptocurrency ban on march 4th 2020** India’s cryptocurrency industry has come a long way since the Reserve Bank of India (RBI) banned banks from facilitating crypto transactions in April 2018. The ban had a devastating impact on the industry, causing many exchanges to shut down and leaving many cryptocurrency investors in the lurch. However, a group of unsung heroes fought tirelessly to lift the ban and restore the industry to its former glory. The fight against the ban was led by the Internet and Mobile Association of India (IAMAI), a non-profit organization that represents India’s online and mobile businesses. IAMAI filed an application in the Supreme Court challenging the RBI’s decision, and the case was heard for 20 weeks, with the verdict finally delivered on 4 March 2020, when the RBI lifted the ban. The victory was the result of the hard work of several individuals who stayed away from their homes during each week of the hearing and worked tirelessly to ensure that the industry’s arguments were heard. These persons include Advocate Jaideep Reddy of Nishith Desai Associates, Mr. Harish B V, one of the co-founders of Unocoin, Standing Counsel Ashim Sood and Danish who was covering the news in real-time. **Categories:** Blog **Tags:** crypto ban, Cryptocurrency, Unocoin --- ### [5 most important uses of cryptocurrencies](https://blog.unocoin.com/5-most-important-uses-for-cryptocurrencies/) **Published:** February 24, 2023 **Author:** Unocoin Growth **Content:** # **5 most important uses for cryptocurrencies:** Cryptocurrency is gaining more and more popularity over the years and it is becoming more and more important for people to understand the different uses of this digital currency. For starters, the five most important uses of cryptocurrencies are as follows: ## **Investment:** Cryptocurrencies can be bought and held as an investment with the hope that their value will increase over time. People can buy various cryptocurrencies such as bitcoin, Ethereum, Litecoin and others and hold them for a period of time with the hope of selling them at a profit. This is similar to how traditional investments such as stocks, bonds and real estate work, except that cryptocurrencies are completely digital. This makes them more accessible to people as they can be bought and sold online. ## **Online shopping:** Cryptocurrencies can be used to purchase goods and services online, with merchants accepting payment in the form of digital currencies such as Bitcoin or Ethereum. This offers users a convenient way to make online purchases without the need for traditional banking methods and the added security of having the transaction recorded on a public ledger. Online merchants that accept cryptocurrencies benefit from lower transaction fees and faster settlement times compared to traditional payment methods. ## **Remittance:** Cryptocurrencies can be used for cross-border transactions and international transfers, offering a fast, secure and cost-effective alternative to traditional transfer services. Traditional transfers can be slow and expensive, with high fees charged by intermediaries such as banks and money transfer companies. Cryptocurrency transfers eliminate the need for intermediaries and offer a faster, cheaper and safer alternative. This makes them particularly useful for people who live and work abroad, or those who need to send money to friends and family overseas. ## **Trading:** Cryptocurrencies can be bought, sold, and traded on a variety of online platforms, allowing you to speculate and take advantage of market fluctuations. Cryptocurrency trading is similar to traditional stock trading, except that the underlying asset is a digital currency. This allows traders to take advantage of short-term price movements and make profits by buying low and selling high. However, it is important to note that cryptocurrency trading can be risky and it is important to thoroughly understand the market and the particular cryptocurrency being traded before making any investment. ## **Decentralised applications:** Cryptocurrencies can be used as the underlying currency for decentralised applications and smart contracts, enabling new and innovative decentralised services and systems. Decentralised applications are built on blockchain technology and are not controlled by a single entity. They offer a more transparent and secure alternative to traditional centralised systems because they are run on a network of computers rather than a single central server. This makes them useful for a range of applications, from supply chain management to digital identity management. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Cryptocurrency, Unocoin, usecase, utility --- ### [What is blockchain technology and how does it work?](https://blog.unocoin.com/what-is-blockchain-technology-and-how-does-it-work/) **Published:** March 1, 2023 **Author:** Unocoin Growth **Content:** ## **Introduction to Blockchain Technology** Blockchain technology is a decentralized digital ledger that has taken the world by storm. It has the potential to revolutionize various industries and its applications go far beyond just cryptocurrencies. In this article, we will delve into the details of blockchain technology uses and how it works. ## **What is Blockchain technology?** At its core, blockchain technology is a secure and transparent digital ledger that records transactions in a decentralized manner. It uses cryptography to secure and verify transactions, ensuring that once data is recorded on the blockchain, it cannot be altered or deleted. The use of cryptography makes blockchain tamper-proof and provides a secure way to store and transfer data. ## **How does Blockchain technology work?** Blockchain technology works through a network of nodes that work together to verify transactions and add them to the blockchain. Each block in the blockchain contains a list of transactions, a timestamp, and a reference to the previous block. This creates a chain of blocks that are linked together, hence the name “blockchain”. When a transaction is made on the blockchain, it is broadcast to all nodes in the network. Nodes then verify the transaction by checking that the sender has the necessary funds and that the transaction is valid according to the blockchain rules. Once a transaction is verified, it is added to a block, which is then added to the blockchain. ## **Advantages of decentralization** One of the key features of blockchain technology is its decentralization. This means that there is no central authority or intermediary to control the network. Instead, it is maintained and managed by a network of nodes, which ensures that the system is transparent, secure and resistant to censorship. Blockchain’s decentralization makes it a secure and transparent platform for storing and transferring data. ## **Application of Blockchain technology** Blockchain technology has many uses and has the potential to revolutionize industries as diverse as finance, supply chain management and even voting. It also paved the way for the creation of cryptocurrencies such as Bitcoin, which use blockchain technology to securely transfer value over the Internet. ### **Conclusion** In conclusion, blockchain technology is a revolutionary technology that has the potential to change the way data is stored and transmitted. Its decentralized nature makes it secure and transparent, and its potential applications are endless. Whether you’re an individual looking to invest in cryptocurrencies or a business looking to use blockchain technology to improve their operations, it’s worth taking the time to understand this powerful technology. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development --- ### [Most popular cryptocurrencies other than bitcoin](https://blog.unocoin.com/most-popular-cryptocurrencies-other-than-bitcoin/) **Published:** February 28, 2023 **Author:** Unocoin Growth **Content:** ## **Top cryptocurrencies to HOLD in 2023** Cryptocurrency has become an increasingly popular investment option in recent years, with Bitcoin being the most well-known. However, there are many other cryptocurrencies that have emerged and gained popularity, giving investors a variety of options to choose from. In this article, we’ll look at some of the best cryptocurrencies to buy in 2023 and why they’re worth considering. ## **Ethereum (ETH)** Ethereum is the second largest cryptocurrency by market capitalization and is often referred to as the “world computer”. It is a decentralized platform that enables the creation of decentralized applications (dapps) and smart contracts. Ethereum’s underlying technology, blockchain, has the potential to transform industries such as finance, real estate and supply chain management. ## **Binance Coin (BNB)** Binance Coin is the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. Binance Coin provides users with a number of benefits, including discounted trading fees on the Binance platform and access to various Binance offerings such as the Decentralized Exchange (DEX) and staking services. Binance Coin has seen tremendous growth recently and its use cases are expanding, making it a solid investment opportunity. ## **Cardano (ADA)** Cardano is a smart contract platform that aims to solve some of the problems Ethereum is facing. It is built using a proof-of-stake consensus mechanism that is more energy efficient than the proof-of-work mechanism used by Bitcoin. Cardano is also known for its strong focus on security and sustainability, making it an attractive option for investors looking for a long-term investment. ## **Dogecoin (DOGE)** Dogecoin originated as a joke in 2013, but has since become a popular cryptocurrency with a large and dedicated community. Despite its origins, Dogecoin has seen tremendous growth recently, thanks in large part to its strong online presence and support from celebrities like Elon Musk. While some may consider Dogecoin a risky investment, its strong community and potential for viral growth make it an interesting option for those looking for high-risk, high-return investment. ## **Tether (USDT)** Tether is a stablecoin, meaning its value is tied to the value of a specific asset, such as the US dollar. Tether is designed to provide a stable alternative to cryptocurrencies such as Bitcoin, which can be highly volatile. Tether is widely used on cryptocurrency exchanges as a means of maintaining the value of trading portfolios, making it an important part of the cryptocurrency ecosystem. ## **XRP** XRP is the native cryptocurrency of the Ripple network, designed to enable fast and secure cross-border payments. XRP has been adopted by a number of financial institutions and payment providers, which has led to significant growth in its price recently. While XRP has faced some regulatory hurdles, it remains a promising investment option for those seeking exposure to the fintech and payments industry. ### **Conclusion** Cryptocurrencies offer a variety of investment opportunities, from long-term holdings to high-risk, high-return investments. When choosing which cryptocurrency to invest in, it is important to consider factors such as its technology, adoption and regulatory environment. The cryptocurrencies mentioned in this article are some of the best to buy in 2023 and offer a number of potential benefits and growth opportunities. However, it is important to do your own research and consider your own investment goals before making any investment decision. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Ada, bnb, Btc, Cardano, Eth, Ether, Ripple, Unocoin, Usdt, Xrp --- ### [What is Crypto White paper and Lite paper](https://blog.unocoin.com/what-is-crypto-whitepaper-and-light-paper/) **Published:** February 13, 2023 **Author:** Unocoin Growth **Content:** # **Understanding the Differences Between White Papers and Lite Papers** A white paper is a detailed document that explains the technical aspects and underlying principles of a particular technology or project, usually in the context of cryptocurrency and blockchain. It serves as a guide for developers, investors and other stakeholders, outlining the goals and objectives of the project as well as the technical specifications and design decisions that have been made. ## **What is a Lite Paper?** A lite paper, on the other hand, is a shorter and more condensed version of a white paper that usually focuses on the key features and benefits of a project rather than the technical details. Lite papers are generally intended for a wider audience and are intended to be more accessible and understandable than white papers. Both white paper and lite papers can be very useful for crypto people and project owners. White papers can provide a detailed understanding of the technical underpinnings of a project, which can be important to developers and other technical stakeholders. They can also provide investors with a deeper understanding of the project and its potential, which can be important when evaluating the potential of an investment. Lite papers, on the other hand, can be useful to a wider range of people, including those unfamiliar with the technical aspects of cryptocurrency and blockchain. They can provide a high-level overview of the project, making it easier for people to understand key features and benefits. ### **Examples of White Papers and Lite Papers** For example, the Bitcoin white paper written by Satoshi Nakamoto is considered a key document in the cryptocurrency world. He outlined the technical specifications for the first decentralized digital currency and introduced the concept of blockchain technology. This white paper helped create the foundation for the development of the entire cryptocurrency industry. Another example, the Ethereum Lite Paper written by Vitalik Buterin, describes a blockchain platform that enables the creation of decentralized applications. This lite paper helped lay the groundwork for the development of the Ethereum platform and the creation of the Ethereum ecosystem. #### **The Importance of White Papers and Lite Papers for Crypto Projects** In conclusion, white papers and lite papers are important documents for any crypto project as they provide a detailed understanding of the technical foundations and key features of the project. They are intended for different audiences, with white papers being more technical and aimed at developers and investors, while lite papers are more accessible and aimed at a wider audience. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Development --- ### [What are the techniques used in crypto trend analysis?](https://blog.unocoin.com/what-are-the-techniques-used-in-crypto-trend-analysis/) **Published:** February 22, 2023 **Author:** Unocoin Growth **Content:** # **Cryptocurrency Market Analysis: Techniques for Price Predictions and Trend Analysis** The cryptocurrency market has come a long way since its inception more than a decade ago. With its rapid growth and growing popularity, more and more people are investing in this digital currency. As a result, it has become essential to understand the various techniques used in cryptocurrency trend analysis in order to make informed decisions when investing in cryptocurrencies. In this article, we will take a deep dive into the various methods used to analyze cryptocurrency prices and trends. “Cryptocurrency Market Analysis, Market Price and Cryptocurrency Analysis” is a crucial aspect for anyone who wants to invest in this market. With so many cryptocurrencies available, it can be difficult to determine which one to invest in. By understanding the various techniques used in cryptocurrency trend analysis, investors can make informed decisions and increase their chances of success. ## **Technical analysis** Technical analysis is a method used to analyze an asset’s price and volume data over time to identify trends and predict future price movements. Technical analysts use charts and technical indicators to identify patterns and trends in the market. They look at the historical price movements of a cryptocurrency and use this information to predict future price movements. Technical indicators such as moving averages, Bollinger Bands, and the Relative Strength Index (RSI) are used for trend identification and forecasting. ## **Fundamental analysis** Fundamental analysis is another commonly used method for analyzing cryptocurrency prices and trends. This method focuses on the underlying economic and financial factors that affect the price of a cryptocurrency. This includes factors such as cryptocurrency technology, its adoption rate, the overall state of the economy, and political stability. By understanding these factors, investors can determine the long-term potential of a cryptocurrency and make informed investment decisions. ## **Market Sentiment Analysis** Market sentiment analysis is a method used to measure overall market sentiment. This is done by analyzing social media, news articles, and other sources of information to determine public opinion about a particular cryptocurrency. Market sentiment analysis can be a useful tool for investors as it provides insight into the general public’s view of cryptocurrency and can help identify trends before they manifest in the market. ## **Volume analysis** Volume analysis is a method used to analyze the amount of trading activity in a particular cryptocurrency. This is an important factor as it can provide insight into the dynamics of supply and demand in the market. By analyzing trading volume, investors can determine whether a market is bullish or bearish and make informed investment decisions accordingly. ## **Network analysis** Network analysis is a method used to analyze the overall health of a cryptocurrency network. This method monitors the number of nodes, the distribution of nodes and the overall structure of the network. Based on the analysis of the network, investors can determine the overall state of the cryptocurrency and make informed investment decisions. In conclusion, there are various techniques used in crypto trend analysis, including technical analysis, fundamental analysis, market sentiment analysis, volume analysis, and network analysis. By understanding these techniques and using them to analyze the cryptocurrency market, investors can make informed investment decisions and increase their chances of success. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Bitcoin Crypto, Cryptocurrency, Market Analysis, Trends, Unocoin --- ### [The future of cryptocurrency in 2023](https://blog.unocoin.com/the-future-of-cryptocurrency-in-2023/) **Published:** February 21, 2023 **Author:** Unocoin Growth **Content:** # The future of cryptocurrency in 2023 The future of cryptocurrency and blockchain technology is poised for significant growth and development in the coming years. With the advent of decentralized finance (DeFi) and non-fungible tokens (NFT), we are witnessing a new wave of innovation that is changing the way we think about money and digital assets. The future of cryptocurrency in India is a highly debated topic with varying opinions and predictions. India’s government and central bank have been cautious about full adoption of digital currencies, but the Supreme Court decision to lift the ban on cryptocurrency trading has reignited hopes for its adoption. Despite the regulatory ambiguity, demand for cryptocurrencies is growing rapidly in India, with Bitcoin and Ethereum being the most popular choices.In addition, the development of layer 2 solutions and privacy-focused cryptocurrencies further expands the potential of blockchain technology. ## **Decentralized Finance (DeFi)** Decentralized finance (DeFi) is a movement that aims to create more accessible, secure and transparent financial services using blockchain technology. DeFi applications such as decentralized exchanges, lending platforms and stablecoins operate on decentralized networks and are not governed by any central authority. This eliminates the need for intermediaries, reduces the risk of censorship, fraud and hackers, while giving users more control over their assets and data. One example of a DeFi project is Aave, a decentralized lending platform that allows users to earn interest on their cryptocurrencies by lending them to borrowers. Aave uses blockchain technology to ensure that loans are transparent, secure and verifiable, and its decentralized nature ensures that users retain control of their assets. Additionally, Aave enables seamless cross-chain lending, meaning users can lend and borrow cryptocurrencies from different blockchains, further increasing its accessibility and growth potential. Another example of a DeFi project is MakerDAO, a decentralized lending platform that uses the stablecoin DAI as collateral for loans. MakerDAO allows users to borrow DAI against their cryptocurrency, providing a safe and stable alternative to traditional lending. DAI is pegged to the value of the US dollar, making it a more stable and predictable investment compared to other cryptocurrencies. This makes MakerDAO an attractive option for both lenders and borrowers as it offers a way to participate in the cryptocurrency market without the volatility associated with other cryptocurrencies. ## **Non-Fungible Tokens (NFTs)** Non-Fungible Tokens (NFT) are unique digital assets that use blockchain technology to prove ownership and scarcity. Unlike fungible tokens such as cryptocurrencies, which are fungible and have a single value, NFTs are indivisible and have unique properties that make them unique and valuable. NFTs are used in a variety of industries, including art, collectibles, and gaming, and provide new opportunities for creators and collectors to monetize their digital creations. One example of an NFT project is CryptoKitties, a blockchain-based game that allows players to collect, breed and trade virtual cats. CryptoKitties uses NFTs to prove ownership and scarcity, and its decentralized nature ensures that players actually own their kitties and can trade them on open markets. This has led to a vibrant community of players and collectors and created new opportunities for digital creators to monetize their work. One more example of an NFT project is SuperRare, a curated marketplace for buying and selling unique digital art. SuperRare runs on the Ethereum blockchain and uses NFTs to ensure artwork is unique and verifiable. This allows artists to sell their work directly to collectors, bypassing middlemen and creating new opportunities for digital art to gain recognition and value. ## **Layer 2 solution** Layer 2 solutions are being developed to help scale blockchain networks and improve the speed and efficiency of transactions. Layer 2 solutions move some transactions off the main blockchain, reducing congestion and enabling faster and cheaper transactions. This is critical to the adoption of blockchain technology, as it makes it easier for developers to create and deploy decentralized applications and allows users to participate in decentralized networks. Layer 2 solutions are being developed to help scale blockchain networks and make them more suitable for mainstream use. The goal of these solutions is to improve the speed and efficiency of blockchain transactions while maintaining their basic security and decentralization. One example of a Layer 2 solution is Optimism, a platform that allows Ethereum-based decentralized applications (dapps) to scale and offer a better user experience by moving some of their transactions off-chain. Optimism uses a technique called “rollups” to combine many transactions into a single, larger transaction, which is then recorded on the Ethereum blockchain. This allows Optimism to offer fast and cheap transactions while still ensuring the security and transparency of the underlying blockchain. Another example of a Layer 2 solution is Polygon (formerly known as Matic Network), which provides a Layer 2 scaling solution for Ethereum. Polygon enables faster and cheaper transactions by shifting some of the workload from the Ethereum blockchain to its own Layer 2 network. This helps reduce congestion and high gas fees on the Ethereum network, making it easier for developers to build and deploy decentralized applications. ## **Cryptocurrencies focused on privacy** Privacy-focused cryptocurrencies such as Monero and ZCash are gaining more attention because they offer greater anonymity and security in transactions compared to more widely used cryptocurrencies such as Bitcoin. These cryptocurrencies use advanced cryptography and privacy techniques to ensure that users can transact securely and privately on the blockchain. ### **Blockchain gaming** Blockchain technology is being used to create new gaming experiences that offer player ownership, digital scarcity and the ability to trade assets between games. This allows players to truly own their in-game items and take them with them as they move between different games, creating a more immersive and engaging gaming experience. One example of a blockchain game is “CryptoKitties”. In this game, players can buy, sell, and breed unique virtual cats that are stored on the Ethereum blockchain. Each CryptoKitty is one-of-a-kind and has its own set of attributes, such as coat pattern and eye color, which are recorded on the blockchain. This allows players to own and trade their CryptoKitties just like other cryptocurrency assets. Another blockchain game is “Gods Unchained”, which is a collectible card game where players can buy, sell and trade cards in a decentralized market. These cards are stored on the Ethereum blockchain, allowing players to own and trade them like other crypto assets. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Bitcoin Price Prediction, Cryptocurrency Exchange, Unocoin --- ### [Crypto Tokens vs Coins: What's the Difference](https://blog.unocoin.com/crypto-tokens-vs-coins-whats-the-difference/) **Published:** February 17, 2023 **Author:** Unocoin Growth **Content:** # **Understanding the Differences Between Crypto coins and Cryptotokens** Crypto tokens and crypto coins, also known as cryptocurrencies, are digital assets that have gained popularity in recent years. Although they share some similarities, they differ in use cases and underlying technology. In this article, we will explore the differences between crypto tokens and crypto coins and provide examples of each. Crypto coins, also known as cryptocurrencies, are digital assets that use proprietary blockchain technology. Bitcoin, the first and most famous cryptocurrency, was created in 2009 and uses a decentralized peer-to-peer network for transactions. Other examples of crypto coins include Ethereum, Litecoin, and Bitcoin Cash. These coins have their own independent network and can be used as a means of payment, a store of value, as well as to create smart contracts and decentralized applications. For example, Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority. Transactions are recorded on the Bitcoin blockchain, which is a public ledger managed by a network of users. Bitcoin can be used to buy goods and services, or it can be traded on cryptocurrency exchanges for other currencies. Similarly, Ethereum is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps). The Ethereum network uses its own cryptocurrency Ether (ETH) as a means of payment for transaction fees and as fuel for the network. Developers can also use Ether to create their own tokens on the Ethereum blockchain through a process called “tokenization”. ## **Crypto Tokens :** On the other hand, crypto tokens are digital assets that are built on existing blockchain technology such as Ethereum. They use the underlying blockchain infrastructure to function and rely on the underlying blockchain for their security. These tokens are created through a process called “tokenization” and can be used for a variety of purposes, such as representing a digital asset, a utility, or representing a physical asset. Examples of crypto tokens include ERC-20 tokens, which are built on the Ethereum blockchain, and Binance Coin (BNB), which is built on the Binance chain. ## **Examples of such Tokens** : For example, ERC-20 tokens are a specific type of token that is built on the Ethereum blockchain. They follow a set of rules and standards that make them interchangeable and easily portable. This has led to the creation of many different ERC-20 tokens, each with its own unique use case. Some examples include Tether (USDT), which is pegged to the value of the US dollar, and Chainlink (LINK), which is used to connect smart contracts to real-world data. Another example of a crypto token is Binance Coin (BNB). Binance Coin is a native token of the Binance exchange and can be used to pay transaction fees on the Binance platform. Binance Coin holders also get discounts on trading fees when BNB pays for them. Additionally, Binance Coin can be traded on Binance and other cryptocurrency exchanges. ### **Conclusion:** In short, crypto coins are independent digital assets that have their own blockchain, while crypto tokens are built on top of existing blockchain technology and rely on the underlying blockchain for security. Crypto coins can be used as a means of payment, a store of value, and also to create smart contracts and decentralized applications. On the other hand, crypto tokens have a wide variety of use cases, such as representing a digital asset, a utility, or representing a physical asset. Both crypto tokens and crypto coins have their own set of advantages and disadvantages, and it is important that investors understand the differences and evaluate the potential risks and rewards before making an investment. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Altcoins, Cryptoasset, Cryptocurrency, Token, Unocoin --- ### [An explanation of how a cryptocurrency wallet works, custodial and non custodial](https://blog.unocoin.com/an-explanation-of-how-a-cryptocurrency-wallet-works-custodial-and-non-custodial/) **Published:** February 15, 2023 **Author:** Unocoin Growth **Content:** # **Understanding the Differences Between Custodial and Non-Custodial Cryptocurrency Wallets** A cryptocurrency wallet is a digital wallet that allows users to store, send and receive digital assets such as Bitcoin or Ethereum. There are two main types of cryptocurrency wallets: Custodial and non-custodial. Escrow wallets are wallets held by a third party, such as an exchange or company. Examples of escrow wallets include Coinbase and Binance. These types of wallets are easy to use and convenient because users don’t have to worry about managing their own private keys. However, they also bring certain risks. If the third party holding the wallet is hacked or goes bankrupt, users may lose access to their funds. Additionally, escrow wallets may not offer as much control over a user’s assets as a third party may be able to freeze or seize funds. On the other hand, non-custodial wallets are wallets where the user holds their own private keys. For example hardware wallets such as Trezor and Ledger and software wallets such as MyEtherWallet. Custodial wallets offer users more control over their assets as they have full access to their private keys. This means they can manage their own funds and transactions without the need for a third party. However, these wallets also bring some risks. If a user loses their private keys, they lose access to their resources. Additionally, non-tethered wallets can be more difficult to use for those unfamiliar with the technology. ## **Exploring the Pros and Cons of Custodial and Non-Custodial Wallets** Overall, both custodial and non-custodial wallets have their own set of pros and cons, and the choice between the two will depend on the user’s specific needs and preferences. custodial wallets are more convenient to use but have less control over assets, and non-custodial wallets offer more control over assets but may be more difficult to use for some users. Custodial wallets are a popular choice for beginners and those who want the convenience of currency exchange. These types of wallets are easy to use and allow users to transact quickly and easily. For example, if you want to buy bitcoins, you can simply link your bank account or credit card to an exchange like Unocoin or Binance and make the purchase. The exchange will then hold your bitcoin in an escrow wallet until you are ready to send it to another wallet or make another transaction. Non-Custodial wallets are a popular choice for those who want more control over their assets and want to keep them offline. Hardware wallets such as Trezor and Ledger are popular examples. These wallets store the user’s private keys on a physical device such as a USB drive that is not connected to the Internet. This means that the user’s funds are safe from hacking attempts. Moreover, hardware wallets are easy to use and have a user-friendly interface. Another example of a non-custodial wallet is a software wallet like MyEtherWallet that stores private keys on the user’s computer or mobile device. This type of wallet is also easy to use and offers more control over assets, but there is also a risk of being hacked if the user’s device is compromised. ### **Bottom Line:** In conclusion, whether you choose a Custodial or non-Custodial wallet depends on your own specific needs and preferences. Custodial wallets are more convenient and offer less control over assets, while non-custodial wallets offer more control over assets, but may be more difficult for some users to use. Both types of wallets have their advantages and disadvantages. Before making a decision, it is important to carefully consider your options and understand the risks associated with each type of wallet. In addition, it is also important to ensure that you use a reputable and secure wallet provider, as well as take appropriate measures to protect your private keys and assets. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Wallet, Digital Wallet, Hardware Wallet, Unocoin --- ### [Know-hows of crypto staking](https://blog.unocoin.com/know-hows-of-crypto-staking/) **Published:** January 11, 2023 **Author:** Unocoin Growth **Content:** The world of digital assets is full of money-making opportunities, and, once you make acquaintance with this new thriving market of Fin-Tech, you’ll recognise this fact even more. Crypto staking is one of those opportunities, but the ways of utilising it are numerous in number, now which one would you will clearly depend on how much time you are willing to invest in the entire process. To put it simply, the process of staking enables you to earn rewards for staking a part of cryptocurrency holdings to vouch for the accuracy of transactions happening on an underlying exchange. It is very similar to earning dividends on your holdings in other asset markets. So, let’s start with the basics! Crypto staking is one of the most essential technologies you should keep in mind that crypto networks use it. And, blockchains are decentralised, meaning that it doesn’t involve any middlemen like banks to validate a transaction. There are ideally two methods to validate transitions on a blockchain network, i.e. **Proof-of-stake** – revolves around staking, (eg. Ethereum, Cardano, etc.) and, **Proof-of-work** – involves mining with extensive usage of computers and electricity(eg. Bitcoin, litecoin, etc.) Staking is a way to prevent fraud and faults in a transaction. Users choose to participate in voting to accept a proposed block, thereby putting their holdings as stake. In other words, it can be taken as an incentive to play by the rules. Though, it is not always a profit you receive. At times, when the proposed block is found to have some wrong information, you’ll lose some of your stake, this process is known as slashing. Now there are several ways to get involved in the staking process. 1. Through an exchange:- This is the easy-go method if you are looking to avoid the technicalities for yourself. Using this method, the service provider will stake your crypto for you. Obviously, they’ll be charging a certain amount of fees for the same, but, this will make your work way a lot easier. 2. Joining a pool:- So, if you can’t find an exchange suiting your needs, you can always join a pool operated by another individual. For this, the first requisite is to know how to use your wallet so as to connect your holdings to the validator’s pool. Usually, to promote a better flow of decentralisation, people often delegate to validators with low voting power. 3. Becoming a validator:- Well this option is only for those who are well-versed in this space. You’ll need to set up your own system, with proper computing equipment and software. You’ll also need to download the entire block history of that blockchain. It is also not quite pocket friendly, as it requires an investment of at least 32 ETH. Using third-party staking will not have such prerequisites. Now, while all of this sounds very attractive, always keep in mind that nothing in the crypto world comes without a risk. Listed below are the risks associated with staking, this will help you clearly evaluate both sides. - **The volatility of crypto**: This is a ceaseless risk, bound to affect your standing whether or not you decide to involve in the staking process. So, always keep this factor in mind. - **Lock-up periods:** Till now, you already know that it is a long-term investment strategy, so indulge only if you have the time and patience, expecting short-term outcomes may not exactly help you. - Slashing is an antonym for rewards: As mentioned earlier, Slashing is a result of you validating a transaction without cross-checking the information. This is a penalty you may have to incur, even for some non-intentional human errors. Pro-tip:- Be one hundred percent sure of what you are doing if you are planning to stake your money outside an exchange. This will specifically require some in-depth research and technical knowledge. If not done properly, you may lose a lot of money. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Ada, bitcoin, Cardano, Ether, Ethereum, proof of stake, Unocoin --- ### [Fan tokens vs rest of the crypto space](https://blog.unocoin.com/fan-tokens-vs-rest-of-the-crypto-space/) **Published:** February 8, 2023 **Author:** Unocoin Growth **Content:** # **Understanding the Differences between Fan Tokens and other Cryptocurrencies** Fan tokens, also known as “social tokens”, are a new type of digital asset that allows fans to buy, sell and trade tokens that represent their favorite artists, athletes or influencers. These tokens are usually built on blockchain technology, which is the same underlying technology used for cryptocurrencies such as Bitcoin and Ethereum. ## **What are Fan Tokens?** ***Fan tokens are one of the types of cryptocurrencies***, which are decentralized and can be used as a medium of exchange. Fan tokens are often used as a way for fans to express their support for a particular artist or athlete and gain access to exclusive content and experiences. Fan Tokens can also be used to vote on decisions related to an artist or athlete, such as merchandise design and song selection. An example of a fan token is $POP token, which is the official fan token of the South Korean boy band BTS, and $JPM Coin token, which is the official token of the famous soccer player Cristiano Ronaldo. ### **How do Fan Tokens differ from other types of Cryptocurrencies?** ***The rest of the Cryptocurrencies***, on the other hand, are digital or virtual currencies that use cryptography for security. Cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its biggest attraction, is its organic nature; it is not issued by any central authority, making it theoretically immune to government interference or manipulation. One of the key advantages of cryptocurrencies is that they enable peer-to-peer transactions without the need for intermediaries such as banks. This can significantly reduce transaction fees and increase transaction speed. In addition, cryptocurrencies can also offer a high degree of anonymity and can be used to store wealth in a decentralized manner, making them attractive to individuals looking for a more private and secure way to manage their money. #### **Choosing the Right Digital Asset for Your Needs** In conclusion, both fan tokens and cryptocurrencies in general are digital assets that are built on blockchain technology, but serve different purposes. Fan Tokens are used as a way for fans to express their support for a particular artist or athlete and gain access to exclusive content and experiences, while other cryptocurrencies are decentralized systems that enable the transfer of digital assets and offer a high degree of anonymity and can be used to store wealth in a decentralized manner. Both fan tokens and cryptocurrencies have their unique advantages and disadvantages and it is up to the individual to decide which one is more suitable for their needs. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Crypto Investment, Cryptocurrency, fan token, Unocoin --- ### [Impact of crypto events in 2022 on crypto Industry](https://blog.unocoin.com/impact-of-crypto-events-in-2022-on-crypto-industry/) **Published:** February 6, 2023 **Author:** Unocoin Growth **Content:** # 2022 Crypto Chronicles: Drama and Disruption, 2023 Prospects. **In Q12022** The cryptocurrency bull market lasted from the second quarter of 2020 through the final months of 2021. This was a period marked by a global battle against the COVID-19 pandemic. In the final quarter of 2021, the US Federal Reserve announced the end of this monetary policy and a switch to a more restrictive monetary policy. **Quarter****Event****Impact on Crypto Market**Q1 2022The shift in the economy and global events (inflation, Russia-Ukraine war)Market declineQ2 2020 – End of 2021Bull market for cryptocurrenciesPeak market capitalization of $3 trillion and record high Bitcoin price of $69,000Q1 2022The shift towards tightening monetary policy by global central banksEnd of the bull marketQ1 2022Russia-Ukraine war affecting global supply chains and production costsFurther fueling inflationQ1 2022Bitcoin found support at $37,000 and rebound to $48,000 in MarchPositive reaction to slowing inflation growth and the Fed’s initial interest rate hike of 25 basis points**In Q2 2022**, the crypto market faced a decline due to the slowdown in the global economy and the withdrawal of support from institutional investors. The collapse of the Terra ecosystem and the bankruptcy of crypto companies resulted in a liquidity crisis and billions of dollars in losses for individual investors. TerraForm Labs’ algorithmic stablecoin UST has struggled to remain stable, which has had a negative impact on LUNA, the reserve unit of UST. The financial crisis spread to major crypto companies including Three Arrows Capital, Celsius and Genesis, leading to the collapse of the entire industry. In addition, rising energy costs and a sharp drop in the price of Bitcoin had a negative impact on cryptocurrency miners, causing the price of Bitcoin to fall below $20,000 by the end of Q2. **Quarter****Event****Impact on Crypto Market**Q2 2022The slowdown in the global economy and the withdrawal of institutional investor supportMarket declineQ2 2022The collapse of the Terra ecosystem and the bankruptcy of crypto companiesLiquidity crisis and billions of dollars in losses for individual investorsQ2 2022TerraForm Labs’ algorithmic stablecoin UST struggling to remain stableNegative impact on LUNA, the reserve unit of UST and the value of cryptocurrency plummetedQ2 2022The financial crisis spread to major crypto companies including Three Arrows Capital, Celsius, and GenesisThe decline of the entire industryQ2 2022The rise in energy costs and a sharp drop in Bitcoin priceNegative impact on cryptocurrency miners and fall in Bitcoin price to below $20,000 by end of Q2.**In Q3 2022**, the crypto market saw a recovery due to the summer slowdown in US inflation and a decrease in purchases. However, the market was affected by events such as OFAC’s sanction on Tornado Cash, a platform for encoding transactions on the Ethereum network, which had a negative impact on the Ethereum network. There have also been positive developments, such as the collaboration between Coinbase and BlackRock for crypto asset trading and MiCA custody and settlement services by the European Union, which has the potential to drive global crypto regulation. However, the Ethereum network merger, which aimed to make the network environmentally friendly by moving from a proof-of-work mechanism to a proof-of-stake consensus, has raised concerns about network security and decentralization. As a result, the price of Ethereum continued to fall along with the rest of the market and did not experience the expected rise after the merger. QuarterEventImpact on Crypto MarketQ3 2022Summer slowdown in U.S. inflation and dip buyingRecovery in Bitcoin’s value from $19,000 to $25,000Q3 2022The sanction imposed by OFAC on Tornado CashNegative impact on the Ethereum networkQ3 2022Collaboration between Coinbase and BlackRockPositive development in crypto asset trading and custody servicesQ3 2022Finalization of MiCA by the European UnionPotential to guide global crypto regulationsQ3 2022Ethereum network’s MergeTransition to the environmentally friendly proof-of-stake mechanism, but raised concerns about network security and decentralizationQ3 2022Ethereum price falling post-MergeFailure to see expected uptick in a market in turmoil post-Merge.**In Q4 2022**, the crypto market was dealt a serious blow by FTX’s troubled balance sheet, which revealed that a significant portion of its assets was in FTX Token, an illiquid crypto coin minted by FTX. This sent the market on the rising crypto star reeling and led to panic among crypto investors. This also led to the acceleration of FTT sales and the suspension of withdrawal requests. FTX filed for bankruptcy and Alameda Research uncovered allegations of cover-ups and misappropriation of customer funds. The founder of FTX, Sam Bankman-Fried, was charged with defrauding exchange customers, securities fraud, money laundering and campaign finance fraud and was arrested in December. This led to a loss of confidence in FTX and crypto exchanges, and withdrawals of crypto assets from centralized exchanges skyrocketed. The sudden termination of cooperation with crypto companies by audit firms further damaged trust in centralized exchanges. Bitcoin also took a hit, hitting a low of $15,000 in the last quarter of the year. **Event****Impact on Crypto Market**FTX’s problematic balance sheetMarket souring on a rising crypto star, acceleration of FTT sales, suspension of withdrawal requests, and FTX’s bankruptcyAlameda Research’s use of customer fundsLoss of trust in FTX and crypto exchanges, acceleration of crypto asset withdrawals from centralized exchangesCharges against FTX founder Sam Bankman-FriedNegative impact on the crypto sector and loss of trust in centralized exchangesSudden termination of cooperation with crypto companies by auditing firmsNegative impact on the crypto sector and loss of trust in centralized exchangesBitcoin falling as low as $15,000The market decline in the last quarter of the year## **Outlook to 2023: Regulation, CBDC, Growth and Struggles** **Regulation:** After the interconnected incidents and negative events of 2022, countries that have been slow to regulate cryptocurrencies may take concrete steps to dominate the market in 2023. This may include stricter laws and regulations regarding crypto exchanges, trading, and initial coin offerings ( ICOs). The threat of contagion from the crypto sector into traditional finance may also lead to increased regulation. Central Bank Digital Currencies (CBDCs): The development of CBDCs may present a new challenge for cryptocurrencies. Governments and central banks have been working on CBDCs for several years and may use them to compete with cryptocurrencies in 2023. This may lead to a shift in the balance of power between crypto and traditional finance. **Growth**: Despite the negative events of 2022, many financial giants decided to expand their services into the crypto space during the year and established various strategic partnerships in this direction. This move may create the means for institutional money to return to the crypto space depending on more favorable macroeconomic conditions. **Struggles:** The crypto industry may still be under pressure in 2023 due to a lack of liquidity and fear of contagion. This can lead to a decrease in the overall value of cryptocurrencies as well as increased volatility in the market. Additionally, increased regulation and competition from the CBDC may also pose a challenge to the crypto industry. 2023 is expected to be a year of challenges and opportunities for the cryptocurrency market. Due to regulation, CBDCs, growth and struggles are likely to shape the future of cryptocurrencies. The crypto market and the traditional financial industry must co-exist, and the competition between the two industries may accelerate in 2023. The crypto industry must adapt to changing market conditions in order to survive and thrive. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Crypto Investment, Crypto Regulation, Cryptocurrency, Unocoin --- ### [What's behind MicroStrategy "All in BTC"](https://blog.unocoin.com/whats-behind-microstrategy-all-in-btc/) **Published:** February 1, 2023 **Author:** Unocoin Growth **Content:** ## **MicroStrategy’s “All-In” on Bitcoin: A Bold Bet on the Future of Cryptocurrency** MicroStrategy, a publicly traded business intelligence company, made headlines in 2020 and 2021 for its decision to invest a significant portion of its cash reserves in Bitcoin. Led by CEO Michael Saylor, the company became one of the first publicly traded companies to adopt bitcoin as one of the primary reserve asset. The decision to “go all-in on BTC” was driven by the belief that Bitcoin is a better store of value compared to fiat currencies that are subject to inflation and other economic risks. Saylor and his team also believed that bitcoin’s scarcity and decentralization made it a more reliable long-term investment than traditional assets. In August 2020, MicroStrategy announced that it had purchased 21,454 Bitcoins for a total purchase price of $250 million. This marked the company’s first significant investment in this cryptocurrency. In September 2020, MicroStrategy announced that it had purchased an additional 16,796 bitcoins for a total purchase price of $175 million. The company continued to buy more bitcoins until 2021, and by December 2021, the company had invested more than $2 billion in bitcoins and owned more than 91,000 BTC. ### **Why MicroStrategy Believes Bitcoin is a Better Store of Value than Traditional Assets** The company’s decision to invest in Bitcoin has been met with both praise and criticism. Supporters say the move is a bold and forward-thinking decision that positions the company well for the future, while critics have raised concerns about the volatility and regulatory risks associated with bitcoin. CEO Michael Saylor has also been a proponent of Bitcoin, speaking at various events and on social media. He also encouraged other companies and institutional investors to also consider bitcoin as an alternative to cash or gold as a reserve asset. **CEO Michael Saylor’s Advocacy for Bitcoin and the Impact on the Company’s Future** MicroStrategy’s “all-in on BTC” strategy is a bet on the long-term value and potential of Bitcoin as a store of value and hedge against inflation. It’s a bold move that has sparked attention and debate in the financial world, and it will be interesting to see how it plays out in the coming years. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Cryptocurrency, Unocoin --- ### [What can NFT bring us?](https://blog.unocoin.com/what-can-nft-bring-us/) **Published:** January 30, 2023 **Author:** Unocoin Growth **Content:** NFTs, or non-fungible tokens, are a type of digital asset that represents ownership of a unique item or piece of content, such as artwork, music, videos, and other forms of media. They are built on blockchain technology, which allows them to be easily tracked and transferred between individuals. **Benefits of NFTs** One of the main benefits of NFTs is that they allow creators to monetize their work in new ways. Because NFTs represent ownership of a unique item, they can be bought and sold like physical assets, allowing creators to make money by selling their digital creations. This is especially beneficial for artists, musicians and other creators who may have had difficulty monetizing their works in the past. Another benefit of NFTs is that they provide a new level of transparency and trust in the digital art market. The use of blockchain technology makes it possible to track the ownership and provenance of NFTs, making it more difficult for people to counterfeit or replicate digital artworks. This helps protect the rights of the creators and ensures that buyers get the original product. **Monetization of digital creations** NFTs also have the potential to democratize the art market by allowing anyone to buy, sell and trade digital assets. Since NFTs can be bought and sold using cryptocurrency, they can be accessible to a wider range of people regardless of their location or financial situation. This could help level the playing field for emerging artists and other creators who may have been excluded from the traditional art market. **Potential Uses of NFTs** In addition to these benefits, NFTs can also be used for other purposes such as gaming, gaming items, collectibles, virtual real estate, virtual worlds, and more. They can provide a new level of ownership and control over virtual assets, which can help create new business models and revenue streams for various industries. **Concerns about NFTs** However, it should be noted that NFTs are still a relatively new technology and the market is still developing. There are some concerns about the environmental impact of NFTs, as the process of creating and trading them can consume significant amounts of energy. In addition, there are questions about the long-term value of NFTs and whether they will be able to maintain their value over time. **Future outlook** Despite these concerns, NFTs have the potential to bring many benefits to the art and media world. They offer creators a new way to monetize their work, provide transparency and trust in the digital art market, and have the potential to democratize the art market. As the technology and the market continue to evolve, it will be interesting to see how NFTs are used in the future. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Btc, Eth, Nft, Nft Marketplace, Unocoin --- ### [Introduction to the Bitcoin Halving Event](https://blog.unocoin.com/introduction-to-the-bitcoin-halving-event/) **Published:** January 27, 2023 **Author:** Unocoin Growth **Content:** The bitcoin halving is a pre-programmed event that occurs approximately every four years when the reward for mining new blocks is halved. This event is built into the Bitcoin protocol and serves as a mechanism to control the supply of new Bitcoins entering the market. The halving is designed to keep the rate of inflation under control and ensure that the total number of bitcoins in circulation never exceeds 21 million. **Historical Impact of Halvings on Bitcoin Price** The first reduction occurred in November 2012, when the block mining reward was reduced from 50 to 25 bitcoins. The second halving took place in July 2016, when the reward was reduced from 25 to 12.5 bitcoins. Third halving occurred in May 2020, when the mining reward was reduced from 12.5 to 6.25 bitcoins per block. The upcoming halving is expected to happen in May 2024 when the rewards are expected to reduce again from 6.25 to 3.125 Bitcoins per block. The halving has a direct impact on the supply of new bitcoins entering the market, which can then affect the price. As the supply of new bitcoins is limited, the scarcity of digital currency increases, which can lead to higher demand and consequently a higher price. In the past, halvings have had a positive effect on the price of Bitcoin as they have limited supply while demand has continued to grow. **Historical Impact of Halvings on Bitcoin Price** Historically, the price of Bitcoin rose in the months leading up to a halving, and then continued to rise in the months following that halving. For example, in the months leading up to the first halving in 2012, the price of Bitcoin rose from around $4 to over $12. After the halving, the price continued to rise, peaking above $1,000 in 2013. Similarly, leading up to the second halving in 2016, the price of Bitcoin rose from around $400 to over $700. After the halving, the price continued to rise, reaching an all-time high of nearly $20,000 in December 2017. It’s worth noting that past performance is not indicative of future results, and the price of Bitcoin is notoriously volatile and can be affected by a number of factors, including market sentiment, regulatory changes and technological developments. However, many experts believe that halving events could be a major driver of Bitcoin’s price in the long run. **Impact on Altcoins and Network Security** Halving events can also affect altcoins as investors may shift their focus from other cryptocurrencies to Bitcoin due to its limited supply. When the halving occurs, mining rewards for bitcoins will decrease, which can reduce the profitability of mining. This could lead some miners to switch to other cryptocurrencies that have higher mining rewards and less competition. This, in turn, could lead to a decrease in the hash rate of the Bitcoin network and a decrease in the security of the network. Another halving is expected to occur in May 2024, when the mining reward will be reduced from 6.25 to 3.125 bitcoins per block. This is a significant reduction in mining rewards and could lead to a significant reduction in the number of miners in the Bitcoin network. This in turn could lead to a decrease in network hash rate and a decrease in network security. **Price Predictions and Factors to Consider** When it comes to price predictions, it’s hard to say for sure what will happen because the price of Bitcoin is notoriously volatile and can be affected by a number of factors, including market sentiment, regulatory changes, and technological developments. Some experts predict that the price of Bitcoin may increase significantly after the halving, while others believe that it may not have a significant effect. **Conclusion: Caution with Predictions and Risks of Cryptocurrency Investment** It is important to note that the halving event and its potential impact on the price of Bitcoin is only one aspect to consider when making predictions about the cryptocurrency’s future. It is also important to consider other factors such as global economic conditions, regulatory changes and technological developments. In addition, it is worth noting that cryptocurrency is a highly speculative and risky investment, and any predictions of future price movements should be viewed with caution. 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At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Halving, Cryptocurrency, Unocoin --- ### [All about NFTMusic and Its impact on crypto industry](https://blog.unocoin.com/all-about-nftmusic-and-its-impact-on-crypto-industry/) **Published:** January 23, 2023 **Author:** Unocoin Growth **Content:** **Non-Fungible Tokens (NFTs) have begun to have a significant impact on the global music industry :** NFTs are unique digital assets that use blockchain technology to prove ownership and authenticity. They can be used to represent anything from digital art to video game items, but have recently gained popularity in the music industry as a way for artists to monetize their work in new ways. One of the biggest impacts of NFTs on the music industry is revenue generation. By selling NFTs of their music, merchandise and other assets, artists can earn money directly from their fan base, rather than relying on traditional sources of income such as album sales or streaming royalties. This has the potential to be particularly beneficial to independent and underground artists who may not have the same level of exposure or resources as more established acts. Another impact that NFTs have had on the music industry is fan engagement. By creating and selling NFTs, artists can give fans a new way to connect with their music and directly support them financially. Additionally, NFTs can be used to create limited edition, unique collectibles that can increase the value of an artist’s work and create a sense of exclusivity and rarity for fans. **The Rise of Independent Artists: How NFTs are Leveling the Playing Field :** NFTs have the potential to have a significant impact on the music industry, offering artists new ways to monetize their work and fans to engage with it. However, as with any new technology, it is also important to consider the potential downsides and long-term consequences. There have been several notable examples of successful NFT sales in the music industry in recent months. One of the most famous examples was when musician and artist Grimes sold a collection of NFTs for $6 million in March 2021. This collection included digital artwork, music videos and other assets. This sale was a significant moment for the music industry as it showed the potential of NFTs to generate significant revenue for artists. Another example is the band Kings of Leon who sold their album as an NFT which included a limited edition vinyl record, a digital download of the album and exclusive merchandise. This not only brought significant revenue to the band but also gave fans the opportunity to own a unique collectible item associated with the band. **Revenue Generation and Fan Engagement :** In terms of impact, NFTs have given artists a new way to monetize their work, as well as a new way for fans to engage with it. In addition, NFTs have also opened up new opportunities for independent and underground artists to generate revenue from their fan base. It also created a sense of exclusivity and rarity for fans. However, it should be noted that the NFT market is still relatively new and it is uncertain how sustainable it will be in the long term. In addition, there are also concerns about the impact of technology on the environment. The future of music NFTs is still uncertain as the technology and market are still relatively new. However, there are several potential developments that could shape the future of music NFTs. One potential development is the use of NFTs for live music events. This could include creating NFTs for virtual or in-person concert tickets, meet and greets, or even exclusive appearances. This could give fans a new way to engage with live music, as well as create new revenue streams for artists and venues **NFTs in Streaming and Subscription-Based Music: New Revenue Streams and Fan Engagement :** Another potential development is the use of NFTs in the streaming and subscription-based music industry. This could include creating NFTs for exclusive access to a particular artist’s music, merchandise or other assets. This could create new revenue streams for artists as well as give fans a new way to engage with the music they love. In addition, the use of NFTs in the music industry could help solve the problem of music rights and royalties by creating a more transparent and efficient system for tracking and paying royalties to artists and other rights holders. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Cryptocurrency, Nft, Nft Marketplace, Unocoin --- ### [What is Fibonacci retracement and how does it work?](https://blog.unocoin.com/what-is-fibonacci-retracement-and-how-does-it-work/) **Published:** January 19, 2023 **Author:** Unocoin Growth **Content:** Once you get into the trading game, you know that it doesn’t get easier with time, rather the only way to make it easy and more profitable is to use some little tricks. Now, these tricks are nothing new, they are tried and tested strategies by traders across the globe. We have discussed so many such strategies in our previous blogs, including Moving average convergence divergence, how to identify support and resistance, etc. But this one is a little different, it’s called the Fibonacci retracement tool. Sure, you must have studied the Fibonacci series during your time in school. But, this might come to your surprise that this is also an amazing real-life tool used in trading. Now, let’s just have a quick revision of what a Fibonacci series is. ## **What is the Fibonacci series?** So, each number in the Fibonacci sequence is the sum of the two numbers that precede it. Usually, it starts at 0 and 1. The numbers 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, and so forth make up the Fibonacci sequence. Now that your knowledge of Fibonacci has been brushed up a little, let’s check out how this concept can be used as a crypto trading strategy. ## **What Are Fibonacci Retracement Levels?** Hidden levels of the horizontal lines of support and resistance known as Fibonacci retracements indicate probable price reversals for the particular crypto assets. The Fibonacci retracement is taken from the Italian mathematician Fibonacci sequence, which as explained above, appears in both nature and mathematics. This is a really effective tool when it comes to examining a price chart to identify probable turning points. These are the four main retracement levels where a reversal may begin. - 23.6% - 38.2% - 61.8% - 78.6% Using Fibonacci retracement tools is fairly easy and here’s how you can start off with your new trading strategy:- Step 1: Find a complete trend as the first step. The instrument can be used to analyse upward and downward trends. Additionally, the tool can be used with all chart time frames. Step 2: Draw the Fibonacci retracement lines in the opposite direction of the finished trend in step two. Drawing the Fibonacci retracement from left to right upward for a finished rally entails doing so. Draw the pattern from left to right, stopping at the end of the decline, for a finished downtrend. Step 3: Next, watch for a price reversal to occur close to the four important levels. To predict a price reversal, pay attention to these crucial levels. Step 4: Fourth, place your trade by going against the first trend. Retracement of an upward trend indicates a downward price correction. Then, choose one of the four significant Fibonacci retracement levels as the entry point for a bullish trade. At the retracement level, as a novice trader you might enter the position without thinking. But before entering long, expert traders will watch for the price to react and break higher. ### **Risk Management Technique** Well, the way to manage your risk in this strategy is to set a stop loss just below the swing low of a long trade or just above the swing high of a short one if a suitable trading opportunity has been discovered. Place a target at least twice as far away from the stop loss to establish a solid risk-to-reward ratio. Combining the Fibonacci retracement tool with additional technical analysis indicators increases its potency. For instance, the Fibonacci level may or may not signify a buy or sell decision. You can always use indicators for a more solid foothold in the market. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Cryptocurrency, Ethereum, fibonacci, Unocoin --- ### [Secure Your Cryptocurrency: Storage Options and Best Practices](https://blog.unocoin.com/secure-your-cryptocurrency-storage-options-and-best-practices/) **Published:** January 6, 2023 **Author:** Unocoin Growth **Content:** Money in any form requires optimum security and safeguarding, be it your cash, assets or crypto holdings. There are always a plethora of measures you can take to safeguard your hard-earned money, but being vigilant and smart with that is one hundred percent your responsibility. And, while the new age of cyberspace is yet to gain trust on a mass level, it’s important that we start changing our perception towards it by doing ample research before making any major money decisions. Besides, in recent years, crypto and cyberspace have most certainly proved their potential on various occasions. Indeed, the need for security is obvious but choosing the right guard is the biggest concern. So, below is a list of measures that will drive you right through the things you should do to keep your digital assets safe! - **Choose your wallet type** Something that works best for most pro-traders is a cold storage, non-custodial wallet. This implies that they control their own funds without relying on a third party to take care of them. The market whales and people with large holdings in crypto often print their seed phrase and keep it in a safe place to ensure its safety. But, from the view of a novice trader, it’s always secure, safe and more convenient to store your assets with a third-party service provider. This helps you access your funds immediately as and when you need it, not to mention the risk is minimised owing to the fact that these exchanges store your funds in cold wallets, making it nearly impossible for any notorious geek to hack his way in. Whereas, as a newbie, if you go for a non-custodial wallet (self-owned wallet), they are highly prone to human errors and mishandling, resulting in the forever loss of your assets. Till now, over 3 million Bitcoins have been lost because of people simply losing their seed phrases or passwords. - **Tick mark your security checks** Even while having your funds stored with a secured exchange, you must always ensure your end of security by enabling two-factor authentication. It’s not always necessary that if you are well aware of phishing and other kinds of cyber scams, you are secured against all sorts of existing risks. One should always ensure maximum protection by enabling all the possible security checks available on the platform. Make sure that the password you have set for your wallet is not previously used by you. This will protect your account from being compromised even if one of your other internet accounts has been. - **Do not over-protect your account** It is considered a regular practice to screenshot your seed phrase and store it in your phone or other places. Try to avoid doing that as much as possible. The correct way to store your key is to either memorise it, or in some cases, you can take a printout and keep it in your safe place. - **Have system security installed** When using devices other than Mac, always have some malware protection installed, and make sure that remote access is not allowed from your device. Although the growth in the market has resulted in increased security and tracking system by the cyber cell authorities, you should always be full-proof in your endeavors. **The bottom line** Though this might seem like a lot of information to digest at once, and if you are new to this, then surely it will be a jumbled world for you. Here are some steps you can follow to ease up the process depending on your level of expertise:- **Option 1 (For Pro):** 1. Store your in a hardware wallet but a trusted one. 2. Generate seed phrase 3. Keep the seed phrase safe & secure 4. Store securely. **Option 2 ( if you are a beginner):** 1. Download your most suited crypto exchange app. 2. Create an account and add funds to your wallet. 3. Trade easy, you can use our do’s and don’ts guide for that. 4. Keep your password safe, sit back and relax. Just like with the traditional storage options, it’ll be a little tedious at first, but, once you get used to it, it’ll be just like any normal day-to-day activity for you. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Cryptocurrency, Hardware Wallet, Unocoin --- ### [Unocoin enables Virtual Bank Deposit](https://blog.unocoin.com/unocoin-enables-virtual-bank-deposit/) **Published:** December 14, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*oIj1gO2AtuC9n2k780m44g.gif)Things you need to know for [Unocoin](https://unocoin.sng.link/Awg8j/srbi/dyh5) Virtual Bank Deposit. - IMPS and UPI will NOT be accepted. - Transfer ONLY via NEFT / RTGS. - INR deposit — Minimum Rs 100 & Maximum Rs 200000 per day. - The Virtual account number is unique to each customer. - Add the Virtual bank account details as a beneficiary in your registered bank account. - INR can be deposited 24 / 7. The amount will be credited to your Unocoin wallet upon receiving a confirmation from the bank. - You will NOT be required to add a deposit order and update the reference number. - Deposit ONLY from your registered bank account. Any attempt to deposit from a different bank account even if it belongs to the same account holder will be refunded within 7–15 working days. To ease the effort of our customers, at Unocoin we are enabling a new feature, Virtual Bank Deposit. With Virtual Bank Deposit, you can deposit money to your Unocoin wallet without needing to add a reference number. With Unocoin Virtual Bank Deposit, the time taken to deposit the money to your Unocoin wallet is cut down to less than half the time taken compared to the currently available deposit features. Here is how, [Unocoin](https://unocoin.sng.link/Awg8j/srbi/dyh5) has now come up with a virtual bank account number, unique to each user. Investors who have registered at Unocoin can add this unique account number to their beneficiary from the registered bank account. Every time they deposit money to the registered beneficiary account, the money will subsequently be added to the person’s Unocoin wallet within an hour. Since the beneficiary account number is unique to every user, there is no need to update a reference number anymore. This Virtual Bank Deposit feature will be available 24/7. Now, you don’t have to wait for the next business working day to be able to buy trending crypto assets. An additional thing to keep in mind is that you **cannot deposit** from somebody else’s bank account or from your own bank account, apart from your registered bank account linked to an Unocoin wallet. Any attempt to deposit from a different bank account will be refunded within 7–15 working days. With [Unocoin’s](https://unocoin.sng.link/Awg8j/srbi/dyh5) newest deposit feature, investors and traders can seamlessly deposit assets at any time, for buying or selling purposes during a market dip. Try out the Virtual Bank deposit feature, today. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [The Unocoin saga: A walk through memory lane!](https://blog.unocoin.com/the-unocoin-saga-a-walk-through-the-memory-lane/) **Published:** December 15, 2022 **Author:** Unocoin Growth **Content:** It’s wondrous, how time passes so fast. It feels like yesterday when the substructure of this revolutionary organisation was laid by two friends, Sathvik Vishwanath and Sunny Ray. Now, it has been exactly 9 years. In these years, we didn’t just evolve as a company but were the force underneath validating the existence of our industry in India. Well, to phrase it correctly, just like all the other innovations, the beginning of our chapter was also based on curiosity. And, this curiosity revolved around money. Obviously, the same curiosity led to the creation of Bitcoin by Satoshi Nakamoto in 2009. But, little did the world understand back then that this could be the legit messiah for the people facing so many financial problems at different levels all over the world. [![The Unocoin saga A walk through memory lane](https://blog.unocoin.com/wp-content/uploads/2022/12/9-years-image-1-300x162.png "The Unocoin saga A walk through memory lane | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/12/9-years-image-1.png)The Unocoin saga A walk through memory lane## The beginning Canadian-born Sunny Ray who is the Co-founder of Unocoin started a blog site called “Unocoin” (Uno is a spanish word meaning “one”) out of sheer fascination for Bitcoin (Bitcoin = [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), “the one”). Later on, while conducting one of his community meet-ups in Bangalore, India, he came across Sathvik Vishwanath, a techie possessing great zest for cryptocurrencies. Their thoughts clicked, and Ideas matched. But, the only problem was how to bring this technology to a country like India, which was amongst the lowest when it came to financial literacy. And, that’s when India’s first cryptocurrency exchange came into existence. ## The initial years While this fast-paced technology was a stunner for the world’s most prominent billionaires, people in India were still very skeptical and speculative about the technology. Indeed, the initial years were full of ups and downs, and existential validation was still to be found, but, that’s when Barry Silbert, one of the most prominent people in the world of crypto decided to invest in us. More than an investment, this was a stamp of accreditation for [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3). ## Attaining the legal right to exist Time flew and our prominence grew amongst the Indians willing to explore the new wave of financial technology but the Indian Government was highly speculative of the uncertainty that revolved around the asset market that was rapidly growing. Thereby, proposing a blanket ban on cryptocurrencies. Again, it created a burst of the tempest for the company, many in the business even decided to pull the shutters down. But, our third founder Mr. Harish B. V. decided to stand up against it and triumphed. The verdict definitely was a beginning of a new era, and the crypto space had gained the validation it most sought, over the years. Now, it’s been 9 years, the founding pillars remain intact, [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) has grown tremendously, and we continue to work towards providing financial freedom to our fellow Indians tirelessly. To many more wonderful years to come. **Happy 9th Anniversary Uno-community!** **Categories:** Blog **Tags:** bitcoin, Crypto, Unocoin --- ### [Most common crypto trading mistakes and how to avoid them](https://blog.unocoin.com/most-common-crypto-trading-mistakes-and-how-to-avoid-them/) **Published:** November 18, 2022 **Author:** Unocoin Growth **Content:** The budding new field of trading can be very exciting, but no one starts off perfectly, not even expert traders. And, while trading in crypto, one must always be prepared for trial-and-error situations that might come up. However, the constantly jiggling up and down trends of the crypto market can really take a toll on your capacity to make the right decisions at times. Especially, if you are new to the trading game. So, be sure to take a look at these 7 commonly made trading mistakes to dodge hurdles in your trading journey. 1. **Choosing the wrong platform** In your checklist, number one should be choosing the right platform that is robust and compatible with the forex market. The “right” platform will provide solid educational resources, access to news, a reliable real-time feed, an easy-to-read trading interface, and a variety of trading signals. The software should also include access to major currency and cross-currency pairs, as well as minor and exotic pairs that interest you. 2. **Risking too much** Usually, newcomers let their fear of missing out (FOMO) take over, encouraging excessive risk. This is a classic convulsion that begins when new traders see missed opportunities and wonder how much they would have gained while forgetting how much they could have lost. Let’s say you lose 50% of your capital in a single trade. Now you have to double your money on the next trade to make a profit. This is not sustainable, especially if you are just starting out in the forex market. Only trade what you can afford to lose. ***A good rule of thumb:*** don’t risk more than 2% of capital on a single position or combination of correlated positions (pairs that move together). The percentage may seem small, but it is an effective methodology to stay in the game long enough to develop profitable skills. Another benefit of using this rule of thumb is that you’ll stay calm and cool the next time you’re stuck in a losing trade. It also discourages taking good trades too early out of panic, as you are now willing to lose up to the percentage limit. 3. **Ignoring longer time frames** The longer the trend is higher or lower, the stronger and more durable it will be. Many traders go into the forex market with a day trading mentality and repeatedly get sucked into 1-minute to 15-minute chart signals. However, trends on the hourly, daily, and weekly time frames have much more control, causing most contrarian short-term signals to fail. For example, a decline on a 15-minute chart means nothing without checking the higher time frames. 4. **Trading with the wrong risk-reward ratio** The act of trading releases adrenaline, triggering excessive attention. This creates addictive feelings that are unaffected by gains or losses. This bad chemistry most likely will cause the new trader to take positions with poor profit potential and excessive risk, just for the thrill of “being in the market”. Rigorous discipline and an unbiased risk-reward analysis are required before starting a trade to overcome this common shortcoming. In most cases, stick to opportunities that generate profits of at least three times the expected losses if the trades turn against you. 5. **Not using Stop Loss** Placing a stop loss at the right price is the thin line difference between thriving, surviving, and losing everything. The Crypto market can become extremely volatile at times, creating almost violent price swings with little or no warning. Add excessive leverage and the new trader faces a potentially catastrophic loss within minutes. Even walking down and making a sandwich can cause career-ending losses, so it’s vital to stop after entering a new position. 6. **Trading difficult and obscure patterns** Use only the most promising opportunities for profit and walk away from everything else. Do your homework no matter how long it takes, and look for near-perfect technical patterns or basic setups. Be careful about fitting the shape when researching. The untrained eye can easily block out aspects of a chart that don’t fit a predetermined bullish or bearish bias. When in doubt, rely on cross-validation, which looks for confirmation through three, four, or even five different types of indicators or analytical methods before closing a trade. 7. **Losing control over your emotions** A profitable business career requires the same level of mental discipline as building a successful marriage or raising children. If you lose control of your emotions in other aspects of your life, expect the same to happen when the business goes against you. **The bottom line** New traders come into the crypto game hoping to “score big” and take home a quick fortune. Then reality bites, generating unexpected losses that erode confidence and generate waves of poor decision-making. Survivors will eventually learn that profitable trading is a lifelong endeavor in which the practitioner controls his emotions and lets numbers and signals drive buying and selling decisions, rather than greed or fear. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** Bitcoin Crypto, Btc, Crypto, Crypto Basket, Unocoin --- ### [Choosing the Best Crypto Exchange](https://blog.unocoin.com/choosing-the-best-crypto-exchange/) **Published:** December 8, 2022 **Author:** Unocoin Growth **Content:** All good crypto exchanges provide streamlined mobile trading applications, so you don’t have to stare at a computer screen all day. Cryptocurrency exchanges are platforms for trading cryptocurrencies for other assets and traditional currencies. These tools provide a certain level of anonymity for users and transparency for both trading parties. Companies can use these platforms to accept or buy their cryptocurrencies, so the most common ways businesses can start investing in crypto assets. Cryptocurrency exchanges can also be a convenient medium for international trading to reduce transaction fees. Unocoin, a crypto exchange based in Bengaluru, India, was founded in 2013 by Sathvik Vishwanath and Sunny Ray. The company allows customers to buy, sell, store, use and receive bitcoins. **How to use Unocoin:** To use Unocoin, customers must first register an account. They can deposit Indian Rupees (INR) into their account via bank transfer or virtual deposit. Once the funds arrive in their account, they can use the funds to purchase Bitcoins at the current market rate. Customers can also use Unocoin to send bitcoins to other bitcoin wallets and receive bitcoins from other wallets. **Trading function** Exchanges always try to differentiate themselves from their industry competitors. They offer additional value-added services, including free market analysis, real-time news, live streaming, and trading signals. Most of these services are free, but exchanges may require a minimum account size for access. Applicants can create a checklist of features when looking for an exchange. In addition to the standard add-ons, look for tools that include market analyzer tools like Technical indicators and alerts. You can also check for discounts or free trading for high-volume customers. Many traders are looking for advanced charts or alternative platforms beyond the standard offerings’ capabilities. Some exchanges even offer a Sub-Brokerage platform for novice traders, Day traders and scalpers also benefit from specialised value-added services. Given the timeframes for these strategies, these may include a signal service, tools, such as an economic calendar, market news filtering, and real-time earnings posting. **Bonuses and promotions** An exchange may offer account bonuses that include a month or more of commission-free or cost-free trades, loyalty discounts, and even rewards Frequent trader bonuses and promotions have also become quite common, with customers receiving volume discounts or a basket of free trades after exceeding a monthly transaction threshold. Some exchanges have also implemented generous rewards programs that pay customers who reach a “level” of financial commitment. **Customer support** Newcomers forget to count on customer support when choosing an exchange because they don’t understand the role of this group in the final trading experience. It’s not a question of if you’ll need their help, but when, because sooner or later, there will come a time when quick customer service is required to avoid financial loss. As a result, you should confirm that the broker provides reliable customer support verified by reviews and public forums. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3)**,** we provide the best customer service to our users. Look for multiple ways to contact customer support, as some exchanges still rely on outdated ticketing systems. All reputable brokers provide multiple ways to contact clients, including email, support tickets, and toll-free phones. Bottom line: don’t put yourself in the uncomfortable position of worrying about what your broker will do with your problem or your money. **Research** The best Crypto Exchange offers plenty of research resources at no extra charge, allowing new traders to “deep dive” into the currencies they want to buy or sell, with an eye on macro conditions or developing issues that may affect price action. These resources should include daily reports from trading experts, long-term technical analysis, data to watch, and live webinars with presentations on major crypto pairs and emerging opportunities. **Trading experience**: *New Crypto traders need below details on Exchange resources to get started in the trading game:* **Comprehensive training**: Educational materials that help new traders acquire skills. These may include webinars, AMAs, live streams, videos, courses, guides, and articles. **User-friendly platform**: As a new trader, you can use simple software with lots of bells and whistles. For starters, look for an easy-to-navigate platform with tons of customization features. As you progress, your trading needs will differ significantly from those of a new trader. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), we have a very user-friendly platform. ***Once you start exploring, you’ll find that Unocoin is by far one of the most user-friendly platforms created in the crypto space.*** **Comprehensive trading tools**: Various tools, including a commission calculator, advanced charting with many indicators and one-click trading. **Summary** Finding the best Crypto Exchange is hard work, but the effort pays off and dramatically improves your long-term prospects as a trader. This beginner’s guide provides an excellent first step in this selection process. However, everyone is different, and your best choice may require a delicate balance between transaction costs, benefits, platforms, and all the other resources needed to trade the crypto market. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Crypto, Cryptoasset, Cryptocurrency Exchange, Ethereum --- ### [UNOCOIN PARTNERS WITH UNSTOPPABLE DOMAINS TO SIMPLIFY SENDING AND RECEIVING OF CRYPTOCURRENCY](https://blog.unocoin.com/unocoin-partners-with-unstoppable-domains-to-simplify-sending-and-receiving-of-cryptocurrency-2/) **Published:** February 25, 2021 **Author:** Unocoin Growth **Content:** ![Unocoin will use Unstoppable Domains which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs](https://cdn-images-1.medium.com/max/800/1*7WMYvK4ZhytuS3VFe3AO4g.png)Unocoin adopts decentralized Unstoppable DomainsUnocoin has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor [Tim Draper](https://cointelegraph.com/top-people-in-crypto-and-blockchain/tim-draper) — is expected to reduce remittance costs and simplify the transaction process for the exchange’s 1.2 million users. Unstoppable Domains turns crypto addresses into decentralized websites on the Ethereum and Zilliqa blockchains. Instead of sending coins to a 42-character blockchain address, Unstoppable Domains allows users to create simple URLs ending in “.crypto” and “.zil” extensions. Domain names need only be purchased once, and then exist forever on the blockchain without requiring any renewal or maintenance fees. The decentralized aspect of Unstoppable Domains should be of particular interest to Indian crypto users, especially amid the furore created by the [Finance Ministry’s decision to ban](https://cointelegraph.com/news/india-s-crypto-ban-is-coming-hodlers-to-be-given-transition-period-bloomberg) the use of Bitcoin ([BTC](https://cointelegraph.com/bitcoin-price-index)) and other cryptocurrencies. The pushback against the country’s plan to outlaw cryptocurrency has emerged on social media in the form of the [\#IndiaWantsBitcoin](https://twitter.com/hashtag/indiawantsbitcoin) campaign. Despite regulatory uncertainty, the co-founder and CEO of Unocoin, Sathvik Vishwanath, sees the adoption of Unstoppable Domains as being in line with the maturation of the crypto industry in India. Vishwanath said: > ***“The cryptocurrency space is maturing. In line with the growth of the industry, Unocoin aims to offer its users the best possible experience. Integrating the .crypto domain is a significant step not only for Unocoin users, but also for additional exchanges in the country exploring simpler and more user-friendly options for their users.”*** --- To Explore Unocoin APP: [click here](https://unocoin.sng.link/Awg8j/s75n/b16g) To Explore this most convenient crypto feature : [click here](https://get.unstoppabledomains.com/unocoin/) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Shake and Earn Satoshis daily. Here is how!](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how/) **Published:** December 6, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*8GVV1L9PnQwb64XLYYOjwA.gif)*Looking to earn Bitcoins? Now you can just shake your phone and get bitcoins.* Firstly, let us start with some updates from the industry. The crypto assets industry is slowly getting some clarity from the government. The finance ministry of India and the government are likely to [regulate cryptocurrency rather than Ban it](https://www.ndtv.com/business/all-private-cryptocurrency-will-be-regulated-not-banned-sources-2634414). While the industry seems to be accomodating crypto assets with time, it is salutary for everybody that crypto and blockchain are getting more and more attention from policymakers. We, at Unocoin, are positive about the move. We are already in the last month of the year, and at this time, everybody from different walks of life reflect on what they did so far, and try to plan their actions for what is yet to come. As the market continuously rises, we recall that Bitcoin hit an all-time high this time last year [here](https://blog.unocoin.com/how-to-buy-bitcoin-in-india-8365561785f1). People who bought crypto in 2020 and earlier 2021 have been rewarded accordingly. #### Don’t buy bitcoin, buy Satoshi. For some reason, when people think of buying bitcoin, they think they have to buy the whole thing or a lot of it. But wait! We have an article written around this too and it can be found [here](https://blog.unocoin.com/dont-buy-bitcoin-buy-satoshi-ec68da098cdb). The fact about bitcoin is that it is divisible to eight decimal points. This simply means we don’t have to buy a full bitcoin, but simply buy as little as 0.00000001 of a bitcoin too. Satoshi is the smallest unit of the bitcoin cryptocurrency. Currently, one Satoshi is less than $0.00056. You can buy 1,761 Satoshis for just $1. #### How to Earn Free Satoshi We at Unocoin are pleased to announce that we are launching a new feature called Shake and Earn, for anyone who wants to earn Satoshis. This new feature is only available on the Unocoin app and completely free of cost. All you need to have is a verified Unocoin account to be able to earn Satoshis. The best part about this is, you can earn some, every day. By just opening your Unocoin app and shaking your phone, Satoshis will automatically be credited into your Unocoin wallet! ![](https://cdn-images-1.medium.com/max/800/1*Lw7bXHnsyWcyfwdym1rReg.png)Steps to help you earn Satoshis: - Step 1 — Create and verify your Unocoin account on the Unocoin App. - Step 2 — Open your Unocoin app at least once everyday. - Step 3 — Shake your phone. And just like that you will be rewarded with Satoshis. You will be able to see all the Satoshis you’ve earned, in your transaction history. Please note, you can avail the free Satoshis only once a day. ![](https://cdn-images-1.medium.com/max/800/1*NThp-lZD5sfQOpN1-rffGw.gif)#### Want to get more from Unocoin? Wonderful! You just learnt how to earn free Satoshis in less than one minute. [Unocoin](https://unocoin.sng.link/Awg8j/5aqy/rsvi) being India’s first and most secure Bitcoin and Crypto asset Exchange and as such, we have got you some amazing features. We welcome you to experience our most innovative features like Systematic Buying Plan and Crypto Basket which will help you to systematically hedge the volatility of the market by averaging your entry price. Now here is a bonus for you, with every unique sign up this festive season, you will get a 100 INR bonus worth of Bitcoin. Crypto is here to stay, and we are still early for most of what is to come. Every day thousands of new projects on blockchain and crypto are popping up. The idea of innovation is getting distributed, and anyone from anywhere has the potential to gain big from this technology. You have the best device, your smartphone to shake the world. Go! Shake the way you like. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. 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Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog, Development --- ### [How to identify support and resistance in crypto?](https://blog.unocoin.com/how-to-identify-support-and-resistance-in-crypto/) **Published:** November 15, 2022 **Author:** Unocoin Growth **Content:** Understanding the key terms of crypto trading is a prerequisite in order to correctly read the market trends. “Support” and “resistance” are two such foundational concepts that are important to understand. While these two words are often mentioned in the world of trading, novice traders mostly draw a blank as these terms are brought up. Taking note of it, we have made a guide for you to understand the support and resistance levels and help you make more insightful trading decisions. **What are Support and Resistance?** There are several trading strategies that include support and resistance levels. Pivot levels are most commonly used in the analysis for calculating support and resistance level. When trading, it is advantageous to use common strategies, as these will tend to be followed by a larger number of traders. How to draw support and resistance, analysts, as well as traders, calculate pivots, major support and resistance levels for multiple time periods. These can be as short as an hour or as long as a month. **Calculation of Pivot Levels** The pivot level is derived by calculating the average of the high, low and closing prices for a time interval, that is: Looking at the 1-hour timeframe for the chart below, we take the average of the daily high of $55,329, the daily low of $53,711 and the closing price of $54,791 to get the next day’s pivot level. Here the pivot level would be $54,610. [![](https://blog.unocoin.com/wp-content/uploads/2022/11/5-300x155.png "5 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/11/5.png) **Calculation of Support Levels** Once you calculate the pivot level, the main support levels which are S1, S2 and S3 can be calculated. In the example below, the daily pivot and major support levels can be calculated using the hourly chart. First major support level: 2 x Pivot / previous time interval high. In the example above, it would be (2 x $54,610) / $55,329 = $53,892. Traders would look at the first major support level as the entry price. Second major support level: S2 = Pivot – (Daily High – Daily Low). In the example above, that would be $54,610 – ($55,329 – $53,711) = $52,992. Traders would look at the second major support level as the entry price for an extended reversal. Third major support level: S3 = S2 – (Daily High – Daily Low). In the example above, that would be $52,992 – ($55,329 – $53,711) = $51,374. Traders would look at the third major support level as the entry price in case of a market sell-off. [![](https://blog.unocoin.com/wp-content/uploads/2022/11/4-300x156.png "4 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/11/4.png) **Calculation of Resistance Levels** Once you calculate the pivot level, the main resistance levels which are R1, R2 and R3 can also be calculated. First main resistance level: R1: = 2 x Pivot / low level of the previous time interval. In the above example, this would be (2 x $54,610) / $53,711 = $55,510. Traders would look at the first major resistance level as the exit price. Second Major Resistance Level: R2 = Pivot + (Daily High – Daily Low). In the example above, that would be $54,610 + ($55,329 – $53,711) = $56,228. Traders would look at the second major resistance level as the entry price for an extended rally. Third major resistance level: R3 = R2 + (Daily High – Daily Low). In the example above, that would be $56,228 – ($55,329 – $53,711) = $57,846. Traders would look at the third major resistance level as the exit price for an event-driven breakout. [![](https://blog.unocoin.com/wp-content/uploads/2022/11/3-300x161.png "3 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/11/3.png) **Support and Resistance Trading Strategies** As already outlined, traders can use major support and resistance levels for a number of time periods. It is therefore important to decide on trading strategies and then choose appropriate time periods for calculating pivots and major support and resistance levels. For example, day traders would use 1-minute charts and the previous day’s high, low and close to calculate support and resistance levels for the following day. In contrast, swing traders would use the 4-hour and daily charts to calculate the appropriate pivot level, major support and resistance. **Pivot and Support levels** When considering major support levels, major levels play a role in whether support levels are likely to come into play. There are two ways to consider pivot levels: In order for the support levels to come into play, a pivot level drop would be required. This tends to be the scenario in a post-bullish or bullish session. The inability to go over or back through the pivot level would also bring support levels into play. This tends to be the scenario in a post-bearish or bearish session. **Pivot and Resistance levels** When considering major resistance levels, pivot levels play a role in whether the resistance levels are likely to come into play. There are two ways to consider pivot levels: A move through the pivot level would be necessary to bring resistance levels into play. This tends to be the scenario in a post-bearish or bearish session. Avoiding falling through or back through a pin level would also bring levels of resistance into play. This tends to be the scenario in a post-bullish or bullish session. **Using Support Levels** In a correction market, the asset may fall through its first support level, denoted as S1. Once broken, the second major support level will be the next key entry point for investors. In that case, S1 would become the resistance level. The 3rd main level of support is generally breached only on a significant economic or financial event. These include earnings, central banks, government policies, and other global events. The chart below shows the flight to safety in response to the new Omicron strain of COVID-19. Demand for the Japanese Yen broke support levels as the dollar fell below 114 Yen. [![](https://blog.unocoin.com/wp-content/uploads/2022/11/2-300x156.png "2 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/11/2.png) **Historically, Global Events Would Include:** - Global financial crisis. - The covid19 pandemic. - Dot.com Here, the 1st and 2nd major support levels would provide little interest to investors looking to enter the market. However, 3rd major support levels may have attracted investors. The key to using major support levels is to ensure that the asset price does not fall below an extended period of time. **Using resistance levels** In a bull market, the asset may pass through its first major resistance level, denoted as R1. Once broken, the second major resistance level will be the next key entry point for investors. In that case, R1 would become the support level. The 3rd major resistance level is generally broken only as a result of a major economic or financial event. These include earnings, the central bank, government policies, and other global events. As in the example above, news of a new strain of COVID-19 and government plans to contain the spread led to the cancellation of EUR carry trades. The EUR broke 3 major resistance levels on its way to the $1.13 level against the dollar. [![](https://blog.unocoin.com/wp-content/uploads/2022/11/1-300x156.png "1 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/11/1.png) **Historically, global events would include:** - Recovery after the COVID-19 pandemic. - Recovery after the global financial crisis. - Central bank action. - US presidential election In the case of stocks, corporate actions and earnings. Here, the 1st and 2nd major resistance levels would provide little interest to investors looking to exit the market. However, the 3rd major resistance level could have resulted in investors locking in profits. The key to using major resistance levels is to keep the asset price from moving above a set price for an extended period of time… **However, once the resistance level is broken, the resistance level becomes a support level that forms part of the major support levels for the time period.** **Other major support and resistance levels** There are several indicators/strategies that traders and analysts must take into account when using the pivot levels and major support and resistance levels described above. Of particular importance are historical highs, lows and daily, weekly, monthly and yearly highs and lows. For example, an asset class may face resistance at its current weekly high, which may sit below the first major resistance levels. Other strategies include using Fibonacci, moving averages, Bollinger and MACD. Trading without using support and resistance levels would likely result in losses. However, more significant losses are likely without a trading strategy. The important thing is that both will need to be reconciled. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured, Tutorials --- ### [What is moving average convergence divergence (MACD)](https://blog.unocoin.com/what-is-moving-average-convergence-divergence-macd/) **Published:** December 12, 2022 **Author:** Unocoin Growth **Content:** MACD- typically known as’ moving average convergence divergence’ is an indicator for momentum waveguide which helps in predicting the upcoming trends of the market. When momentum begins to decline, it signals traders that the prices could begin to consolidate or reverse. Many traders also use the MACD histogram to predict MACD crossover signals. **MACD history** MACD was created by Gerald Appel in the late 1970s. It measures the momentum by making note of whether certain moving averages are converging or diverging. It is also considered one of the simplest and most effective momentum indicators available. MACD calculates momentum by subtracting the longer moving average from the shorter moving average. ***Components*** The key MACD points consist of the 12-day exponential moving average and the 26-day exponential moving average. - The MACD line is created by subtracting the 12-day exponential moving average from the 26-day exponential moving average. - The MACD signal line is a 9-day exponential moving average of the MACD line. - The MACD histogram is the difference between the MACD line and the MACD signal line. **Transition signal strategy** Divergence occurs when 2-exponential moving averages move away from each other, while convergence occurs when moving averages move toward each other. A shorter moving average (12-day exponential moving average) is faster and accounts for most MACD movements. A longer moving average (26-day exponential moving average) is slower and less responsive to price changes. When the MACD line crosses above the MACD signal line, positive momentum is accelerating. When the MACD line crosses below the MACD signal line, negative momentum is accelerating. You can use the crossover signal as a direct buy signal, but you can also incorporate this signal into other technical analysis tools. [![](https://blog.unocoin.com/wp-content/uploads/2022/12/macd-300x197.png "macd | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/12/macd.png) **MACD histogram** The MACD signal line can also be displayed in the form of a histogram. The MACD histogram oscillates around the zero index level. When the histogram crosses above the buy zero index line, a signal is generated. MACD-histogram represents the difference between the MACD and its 9-day EMA, a signal line. The histogram is positive when the MACD is above its 9-day EMA and negative when the MACD is below the 9-day EMA. **Trading MACD Divergence** MACD divergence occurs when prices are rising or falling at a slowing pace. This concept is important because of your need to want to follow the market trend when price changes accelerate. When prices start to slow, the market is moving into equilibrium and will likely consolidate until new information moves it again. The way to measure MACD divergence is to look for a situation where prices are rising and the MACD trajectory is falling. It can also occur when prices are falling and the MACD trajectory is rising. **Examples of Divergence** If you look at the gold price chart, you can see that there was a MACD divergence in February 2019. Here, gold prices were rising, but the trajectory of the MACD line was falling. You can draw the MACD line trend line and determine the MACD line trend. You can also do this analysis using the MACD histogram. If the price of gold is rising but the MACD histogram is flat or falling, there is a divergence. In these situations, prices are rising while momentum is falling, meaning prices are experiencing a shock. A good way to think of it is if you take your foot off the accelerator of your car when you’re going up a hill. Initially, you would continue higher, but as your speed slows, you will eventually reach a point where you could start falling back down. **Using the MACD histogram to predict a crossover** MACD-Histogram can help you predict the signal line crossing in MACD when divergences start to appear. These divergences signal that the MACD is converging on its signal line and could be ready to generate a crossover signal. There are two types of divergence, peak-valley and oblique. A peak-trough divergence is formed with two peaks or two troughs in the MACD histogram. A bullish divergence from the top-bottom is formed when the MACD makes a lower low and the MACD-Histogram makes a higher low. Well-defined troughs are important. Skewed Divergence I like the divergence you see when you draw a trend line over the MACD line. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog --- ### [Guide to Crypto tax in India 2022](https://blog.unocoin.com/crypto-tax-guide/) **Published:** December 6, 2022 **Author:** Unocoin Growth **Content:** Dear Unocoin Users, In the Budget 2022, Hon’ble Finance Minister Ms Nirmala Sitharaman announced revolutionary changes in the virtual asset class. For the first time, the government has officially called digital assets, including crypto assets, “virtual digital assets”. These include all cryptocurrencies such as bitcoin, ethereum, etc. and other digital assets such as non-fungible tokens (NFTs). We are pleased to publish a Crypto Tax Guide released by one of our partners [Binocs](https://binocs.co/in/). We hope this will help Unocoin customers and Indian crypto enthusiasts at large with the understanding of taxes and filing their returns. \[pdf-embedder url=”https://blog.unocoin.com/wp-content/uploads/2022/12/Binocs-tax-guide-in.pdf”\] Download the tax guide [here](https://blog.unocoin.com/wp-content/uploads/2022/12/Binocs-tax-guide-in.pdf). While there are still many discussions that the Government of India is yet to have with the Indian masses regarding the regulations they will set for “Virtual Digital Assets”; according to the 2022 Budget session, these are indicators that every crypto investor should keep in mind: - India’s finance minister has announced that all cryptocurrencies, including NFTs are classified as virtual digital assets and taxed as income. - Profit from the transfer of any virtual digital asset is taxed at a rate of 30%. - Cryptocurrency earnings are only considered income in India. There is no opportunity to treat cryptocurrency as a capital asset. - The preferential tax on long-term versus short-term gains is not an option. - No deduction will be allowed when reporting income from the transfer of digital assets other than the acquisition cost. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, News, Tutorials --- ### [Celebrating Bitcoin's Birthday Today!](https://blog.unocoin.com/celebrating-bitcoins-birthday-today/) **Published:** January 3, 2023 **Author:** Unocoin Growth **Content:** Happy Bitcoin’s Birthday! Today marks the 14th anniversary of the creation of Bitcoin, the world’s first and most well-known cryptocurrency. On January 3rd, 2009, **Fourteen years ago today,** Satoshi Nakamoto mined the first #Bitcoin block, known as **“THE GENESIS BLOCK”** The system, built on a decentralised network of computers, used complex mathematics and cryptography to enable secure financial transactions without the need for a central authority or intermediary, such as a bank. However, it is still a relatively new and rapidly evolving technology, and it remains to be seen how it will ultimately be used and what impact it will have. Over the past decade, Bitcoin and other cryptocurrencies have gained a lot of attention and have become increasingly popular as a way to store and transfer value. While there has been some controversy and volatility surrounding Bitcoin and other cryptocurrencies, they have also shown tremendous potential as a way to make financial transactions faster, cheaper, and more secure. Since its creation in 2009, Bitcoin has come a long way. At first, it was primarily used by a small group of tech-savvy individuals as a way to send money digitally without the need for a central authority. However, as more and more people became aware of Bitcoin and its potential, it began to gain mainstream attention and adoption. One of the key factors in Bitcoin’s growth has been its increasing legitimacy. In the early days, there was a lot of uncertainty and skepticism surrounding Bitcoin and other cryptocurrencies. Many people were hesitant to trust a digital currency that was not backed by a central government or financial institution. However, as Bitcoin has gained more acceptance and recognition, it has become more widely accepted as a legitimate form of currency. It has the potential to shape the future of finance and technology in significant ways, and its impact and importance are likely to continue to grow as it becomes more widely adopted. Happy Bitcoin’s Birthday!!! Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, bitcoin birthday, Cryptocurrency, Satoshi Nakamoto, Unocoin --- ### [Crypto market recap: a seesaw of price flutter](https://blog.unocoin.com/crypto-market-recap-a-seesaw-of-price-flutter/) **Published:** January 2, 2023 **Author:** Unocoin Growth **Content:** Winter breeze most certainly freezes everything, be it in the air or in the trading market. And, just how easy and fun it is to reap benefits out of the bull runs, it is equally important to be decisive about your stance amid bearish waves. Evidently, the recent FTX collapse has struck panic at a large scale, many are looking to dispose-off their holdings and exit the market too. But, ask yourself, as big a pool of opportunities as the crypto market is, will it be a smart move to quit on the pretext of some ceaseless market ups and downs? In most cases, your answer will be no, so, instead of distressing over the havoc of market conditions, try doing the things listed below to minimise your risks, and maximise your returns for the next bull run! - ### **Eye some large-cap crypto coins!** First things first, so, if you are looking to minimise your risks, the first thing you should do is invest your money in blue-chip assets such as Bitcoin and Ethereum. They have an established track record of so many years. Being two of the oldest in existence, Bitcoin and Ethereum both have faced a steep downturn in the market on multiple occasions, but each time, bounced back stronger, this backs their reliability as compared to new currencies that have popped up in the market recently. In short, these two cryptocurrencies are relatively a lot less risky than others, besides, this bear market may prove to be a great opportunity for you to get these assets at a lesser rate, making you a substantial profit in the long run. - ### **Diversification of your portfolio.** If you have been in the crypto market for quite some time, you sure would have come across the word “maxi” or “maximalist” which refers to an enthusiast who has maximised his or her portfolio by investing in just one asset. Although, this strategy might have been beneficial in the initial days, practicing it in the current bear run could really be injurious to your portfolio. Crypto portfolio should be like an Indian thali, with all the varieties rich in different nutrients. You must ensure having a similar diversification so as to yield maximum returns and minimal distress on one as luck would have had it, a dysfunctional asset. Major exchanges give you an advanced option to auto-diversify your portfolio through a feature called crypto-baskets. Saving you a lot of time and energy. These baskets are categorically segregated, you can choose based on your expectations and requirements. - ### **Focus on long-term success** Third and the most important part is to focus on the benefits of the long term, and how do you do that? You look for real-world utilities of the assets that you are investing in. So, as to ensure the relevance of its existence in the future. Take Ethereum for example, it’s a platform of multiple activities, including, games, smart contracts, DApps and other things, which is not going to become redundant anytime soon. Whereas, meme tokens, which could be hyped up by literally and up-trend or down-trend are only good for short-term profit making. These tokens offer very little real-world utility, even though they have got immensely large community backing. ### **Things to avoid this crypto winter** 1. First off, there is no such thing as profits just made in the bull runs, even the bear market provides ample opportunities for you to learn and invest in the most profitable way. Obviously, the gains won’t be as great as those in the bull run, but still, they’ll be counted as gains. 2\. Second, one thing you should take care of as an inexperienced trader, is never ever acting on your gut feelings, they can be coincidently right for you at times, but backing them with appropriate research will always save you from unforeseen losses, especially during the bear run. 3. Do not overtrade! Always try to invest in quality projects, hedge your risk and be insulated against the crypto winter chills! Now, go easy and swiftly navigate through this crypto winter! Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin Price Prediction, Ethereum, Unocoin --- ### [Crypto Winter: do’s and don’ts](https://blog.unocoin.com/crypto-winter-dos-and-donts/) **Published:** December 27, 2022 **Author:** Unocoin Growth **Content:** Winter breeze most certainly freezes everything, be it in the air or in the trading market. And, just how easy and fun it is to reap benefits out of the bull runs, it is equally important to be decisive about your stance amid bearish waves. Evidently, the recent FTX collapse has struck panic at a large scale, many are looking to dispose-off their holdings and exit the market too. But, ask yourself, as big a pool of opportunities as the crypto market is, will it be a smart move to quit on the pretext of some ceaseless market ups and downs? In most cases, your answer will be no, so, instead of distressing over the havoc of market conditions, try doing the things listed below to minimise your risks, and maximise your returns for the next bull run! - ### **Eye some large-cap crypto coins!** First things first, so, if you are looking to minimise your risks, the first thing you should do is invest your money in blue-chip assets such as Bitcoin and Ethereum. They have an established track record of so many years. Being two of the oldest in existence, Bitcoin and Ethereum both have faced a steep downturn in the market on multiple occasions, but each time, bounced back stronger, this backs their reliability as compared to new currencies that have popped up in the market recently. In short, these two cryptocurrencies are relatively a lot less risky than others, besides, this bear market may prove to be a great opportunity for you to get these assets at a lesser rate, making you a substantial profit in the long run. - ### **Diversification of your portfolio.** If you have been in the crypto market for quite some time, you sure would have come across the word “maxi” or “maximalist” which refers to an enthusiast who has maximised his or her portfolio by investing in just one asset. Although, this strategy might have been beneficial in the initial days, practicing it in the current bear run could really be injurious to your portfolio. Crypto portfolio should be like an Indian thali, with all the varieties rich in different nutrients. You must ensure having a similar diversification so as to yield maximum returns and minimal distress on one as luck would have had it, a dysfunctional asset. Major exchanges give you an advanced option to auto-diversify your portfolio through a feature called crypto-baskets. Saving you a lot of time and energy. These baskets are categorically segregated, you can choose based on your expectations and requirements. - ### **Focus on long-term success** Third and the most important part is to focus on the benefits of the long term, and how do you do that? You look for real-world utilities of the assets that you are investing in. So, as to ensure the relevance of its existence in the future. Take Ethereum for example, it’s a platform of multiple activities, including, games, smart contracts, DApps and other things, which is not going to become redundant anytime soon. Whereas, meme tokens, which could be hyped up by literally and up-trend or down-trend are only good for short-term profit making. These tokens offer very little real-world utility, even though they have got immensely large community backing. ### **Things to avoid this crypto winter** 1. First off, there is no such thing as profits just made in the bull runs, even the bear market provides ample opportunities for you to learn and invest in the most profitable way. Obviously, the gains won’t be as great as those in the bull run, but still, they’ll be counted as gains. 2\. Second, one thing you should take care of as an inexperienced trader, is never ever acting on your gut feelings, they can be coincidently right for you at times, but backing them with appropriate research will always save you from unforeseen losses, especially during the bear run. 3. Do not overtrade! Always try to invest in quality projects, hedge your risk and be insulated against the crypto winter chills! Now, go easy and swiftly navigate through this crypto winter! Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog, Featured **Tags:** bitcoin, crypto winter, Cryptocurrency, Unocoin --- ### [Trade and the global recession](https://blog.unocoin.com/trade-and-the-global-recession/) **Published:** December 16, 2022 **Author:** Unocoin Growth **Content:** Fears of a global recession have been growing since 2019, when Covid first hit the worldwide population and, subsequently, the economy. Some economists believe there is a 98.1% chance of a global recession, This article will explore the causes of recessions and standard practices to help you plan your trading strategy for future recessions. ### **What leads to the global recession?** Many factors contribute to the global recession. But rather than giving you a general overview, let’s zoom in and break it down so you can build a foundation of expertise on the subject. **Imbalance of supply and demand** A major factor behind any global recession is the delicate balance of supply and demand that gets disrupted. Whenever there is an imbalance between consumer purchases and industrial production, economic activity declines. Imbalances in supply and demand can disrupt the labour market, so employment reports are a strong indicator of trouble—companies experiencing a sudden squeeze cut labour costs and wages. Rise in unemployment, spending is falling, property purchases are falling, businesses are failing, bank debts are defaulting, and the economy is descending into a seemingly bottomless spiral. Disappointing revenue reports from the most prominent companies may also indicate a decline. A storm may be brewing if all significant corporations report a decrease in sales. **Inflation on the rise** Distortions in supply and demand affect the rate of inflation. Inflation occurs when products or goods become more expensive. The term inflation, in simple words implies that the value of your money decreases. When a currency devalues, everyone feels it. Inflation is not a different symptom of a global recession. But know that high inflation, even in times of high demand, can still weaken the economy and eventually lead to a recession, combined with the other factors mentioned in this article. **Rising interest rates** Interest rates reflect the amount of floating debt. It gets calculated as an annual percentage of all outstanding loans. When interest rates are low, companies (and people) can afford to borrow more money, and investment in new businesses stimulates the economy. High-interest rates mean higher debt payments, less cash flow for spending, and an increased likelihood of debt default. Banks offset their losses by raising interest rates further, and another downward spiral begins, fueling a global recession. **Unstable political climate** Pandemics and war can destroy our energy infrastructure and strangle supply chains. And, of course, when supply chains break, prices inflate. Embargoes and other inconsistent policies can cause consumer prices to rise, negatively affecting consumer spending. Governments and economists are constantly trying to improve the economy and maintain a stable market, but changing one aspect of our financial ecosystem can have untold effects on others. Sometimes interfering with an ecosystem, even with good intentions, can have disastrous consequences. So, looking at 22Q4, do you see a supply-demand imbalance, elevated inflation, rising interest rates, and a volatile political climate? Undeniably yes. All the signs are there. **Business sentiment may also contribute to a global recession** Regardless of the economy’s health, if the world’s media warns everyone of a worldwide recession, social and market sentiment can collapse in less than a week. Imagine scrolling through your preferred news channels and business sites and seeing stories claiming the economic downturn is here. You can naturally feel fear. Who wouldn’t? Perhaps these concerns would put you off shopping and possibly delay the purchase of that new car you’ve been thinking of. If everyone feels this way, the world will witness a self-fulfilling prophecy. Everyone freaks out and squeezes their wallets tight, which can trigger a recession. Right now, financial news sites only supplement their news feeds with the occasional warning of an impending recession. Traders still determine when or if an economic downturn will occur fluctuating sentiment. **Stock market: effects of the recession** Even a so-called safe harbour asset like gold still involves risk. Gold and oil are traditional places to park wealth when the economy suffers, but they are incredibly unpredictable these days. Traders on a tight budget can stop out for the day only to see the markets move in the right direction the next day. In contrast, stock trading during a recession is a bit more predictable. If the next significant downturn hits, we all know which way stocks will go. If you’re a stock trader, there are three optimizations to consider if or when a global recession hits. Nothing will always be guaranteed, but professional traders have routinely used these practices to minimize trading risk during a downturn. **Trading in consumer goods** Consumer staples are defensive stocks. These are essential products consumers use, such as food and beverages, household goods and pharmaceutical products, and even recreational products such as alcohol and tobacco. Defensive stocks typically rise during a global recession, so a well-timed long/buy is worth considering. **Cyclical trading** Cyclical stocks refer to companies that offer products and services in high demand during times of prosperity. Cyclists hit hard when the going gets tough. Typical cyclical companies are restaurant chains, hotel chains, airlines, and automobile manufacturers. Cyclical stocks are usually among the first to fall during a global recession, so consider a short order. **Trading cash cow stocks** Cash cows are companies with large cash reserves that allow them to survive or even thrive during a global recession. They are simply better able to cope with an economic downturn due to their vast cash reserves. They are still moving forward and upward, albeit with reduced capacity. A long buy option worth considering. **Should you trade commodities during a global recession?** Commodity trading during a worldwide recession is best avoided unless you are an experienced trader. If you choose to exchange items, review the history of your chosen asset’s behaviour during previous downturns, but as the disclaimer states, past performance does not guarantee future results. **Trading cryptocurrencies through the downturn** If you’ve been trading cryptocurrencies for over a decade, you’ll know that cryptocurrencies are far from recession-proof. Countries entering a global recession with high-interest rates and other financial problems are hit much harder than countries in a more stable position. Be aware that the central bank or government may decide to take some of the burden early on and artificially lower interest rates, so don’t expect it to be a long fall. **Bottom Line** Global recessions seem to be a necessity that gives our ever-expanding economy a reset. Nothing can grow forever. Those who have been trading for a while know that what goes up must come down occasionally. A recession creates a new balance or foundation from which to build again. Global recessions are occurring more frequently than at any time in history, but the good news is that they also appear to be ending more quickly. Governments, the Federal Reserve, and the big banks have learned from previous downturns how to recover, so the next one may only take a year. Maybe less. So no, it’s not all doom and gloom after all. Be ready to take advantage of every advantage that comes your way. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - YouTube Channel: - Newsletter: [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - Blogs: [https://blog.unocoin.com](https://blog.unocoin.com/) - Instagram: - Twitter: - Facebook: - LinkedIn: - Telegram Group: [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - Telegram Channel: - Telegram: [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - E-mail id: [support@unocoin.com](http://support@unocoin.com/) - Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - App store link: - Playstore link: Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Cryptocurrency, recession, Unocoin --- ### [Unocoin structure and Its services](https://blog.unocoin.com/unocoin-structure-and-its-services/) **Published:** August 6, 2022 **Author:** Unocoin News **Content:** Binance, the world’s largest crypto exchange by trading volume, said on Friday it does not own the Indian platform WazirX despite announcing the acquisition two-and-a-half years ago, a move that has baffled industry players, including an Indian firm that insists on buying happened. Changpeng Zhao, Binance’s founder and chief executive, said in a series of tweets that the company had been “trying to close the deal for the past few years” but had yet to complete the transaction, citing “several issues,” which he declined to elaborate on. Binance announced the acquisition of WazirX in late 2019 in a blog post. The official blog post, which included a picture of founders Zhao and WazirX, also featured the Binance executive’s excitement about the deal. These arguments have come to light following ED’s attempt to get clarification on possible money laundering activity using WazirX exchange. Given this background, some of our customers have written tickets to us asking how is Unocoin operating etc. Hence, we at Unocoin would like to take the opportunity to give some clarifications: **Structure:** Unocoin Technologies Pvt Ltd is a company registered under RoC in Bangalore, India. It is a wholly owned subsidiary of Unocoin Technologies Pte Ltd registered in Singapore. Both are tightly held companies, with full and active reporting, and without any lose ends or confusions. **Security and justice** Unocoin implements the latest security measures for its exchange to ensure the highest level of security for its users’ information and their funds. The majority of all bitcoins stored on the exchange are securely stored in offline wallets with cold storage. This prevents majority of the coins from being vulnerable to hacks. The exchange’s servers are secured using the latest encryption technology, and users can further secure their accounts by using Google’s two-factor authentication to access their accounts and make transactions. **Support** Customer support service is quite extensive at Unocoin. It not only offers email support through a support ticket system or phone support, it also takes up responsibility to answer any queries through Google play store reviews, app store reviews, twitter, facebook, linkein, reditt etc. This system is very well organized and allows users to easily identify and explain their problem. Some users may have experienced a slow response during the very high usage and popularity of Bitcoin trading and this is seasonal. We do our best to service our customers to the fullest extent possible as fast as possible. **Conclusion:** Unocoin provides an excellent service to buy and sell bitcoin and other cryptos easily. The Brokerage and Exchange are clearly designed for novice traders and mass adoption due to their intuitive design and simplicity and the first helping hand would be the tutorial videos available in 16+ Indian languages before someone need to contact our customer care. Unocoin takes pride in being transparent and following all the rules and regulations as the part of law of the land. We have had hundreds of enquiries so far from various investigation departments, tax authorities, enforcement authorities both national and internationally and every queries have been answered to the fulled extent as anticipated by the authorities. Crypto industry in India is self regulating to some extent. Our KYC and money laundering norms are quite strict than other crypto companies so that we can avoid bad actors and support the crypto adoption in India for decades to come. Please find the list of authentic **Unocoin** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://www.unocoin.com/in/), 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). **Categories:** Development --- ### [Decentralised Finance: Learn and earn the simplest way.](https://blog.unocoin.com/defi-deep-dive-simplified-and-explained/) **Published:** November 3, 2022 **Author:** Unocoin Growth **Content:** **What is DeFi?** Decentralised Finance (DeFi) is a new and emerging financial technology that allows users to use and provide financial services without relying on a third party. Transactions are secured using blockchain/distributed ledger technology that is similar to cryptocurrencies. In traditional centralised finance, when consumers trade, save and invest, they rely on a centralised entity, a credit card company,Visa, a bank, or an investment management company to make a profit. Thus,they are usually limited to the cost of the consumer. While cryptocurrency solves the problem of having a middleman at the centre of every monetary transaction, DeFi aims to cut out the middleman from the saving/lending /investing process, therefore removing fees here as well. Currently, individuals can secure loans and other financial services without credit checks, or go through a Know Your Customer (KYC) process, as long as they have sufficient collateral (usually in the form of cryptocurrency) to post. dApps are the heart of DeFi, and the health of a smart contract-enabled blockchain DeFi ecosystem can often be measured by the number of different dApps it has running. Those looking to procure can go to the websites of these dApps, connect their wallets, and put funds into various income-producing strategies as they choose. Those looking to borrow can use various DeFi platforms to leverage against collateral (usually Bitcoin or Ethereum). **How can you use DeFi to generate income?** Generating revenue in DeFi, often referred to as “yield farming”, can be done in a number of ways. Some of the most popular methods are summarised below: **1) Staking** – Proof of Stake (PoS) cryptocurrencies require a certain number of holders to stake their crypto for a specific amount of time to secure the network. This is called “Staking” and the staked cryptocurrency holders are compensated through a return (almost always in the same cryptocurrency as the stake). According to www.staked.us, Ethereum (2.0), Cardano and Solana stakers can expect a return between 4-6%. Most centralised cryptocurrency exchanges will allow users to stake their crypto on their website, but it is also possible to stake crypto through various dApps. **2) Providing Liquidity** – When crypto investors provide liquidity, they are essentially providing their crypto into a pool that facilitates trading on a decentralised exchange (a type of dApp, also referred to as a DEX) or other types of DeFi application. Unlike centralised funding, where there is a high barrier for outsiders to enter the world of market making, crypto liquidity providers (LPs) can participate using Automated Market Makers (AMMs), one of DeFi’s most promising emerging technologies. In most cases, potential LPs will need to provide liquidity in both cryptocurrencies of the trading pair they are providing liquidity for. Crypto holders can become LP using a number of DEX platforms. Among the most popular are Uniswap, PancakeSwap, Orca, Curve Finance and SunSwap. Returns can vary greatly depending on the perceived riskiness of the respective cryptocurrencies. **3) Lending** – Cryptocurrency holders can use a variety of centralised and decentralised applications to lend their tokens to borrowers by locking their cryptocurrencies in “safes”. The rate on leading cryptocurrencies such as Bitcoin and Ethereum is usually quite low, but the rates on stablecoins can be very attractive (anything up to 30%). Some examples of the most popular DeFi Lending platforms include AAVE, Compound and JustLend. **What are the risks?** Given the newness of the DeFi space and its lack of regulation, potential investors face a number of risks. Some of the main ones to note are summarised below. **1) Risks of Smart Contracts** – DeFi is powered by smart contracts which are essentially just code. Poorly written codes are prone to exploitation, thereby, risking security of funds invested by potential DeFi investors. **2) Volatile loss** – Some investment tactics in DeFi, such as staking and liquidity provision, require investors to lock-up funds for a certain period of time. During this time, the price of cryptocurrencies can fluctuate wildly, making the investors prone to losses. **3) Rug Pulls** – This is when a fraudulent developer creates a new DeFi token with the intention of pumping up the price to attract gullible investors to then extract as much value as possible before abandoning the project and leaving the token value to fall to zero. Sometimes the investors who bought scam tokens are not even able to sell them. This happened with the Squid token last year. Unfortunately, due to the lack of regulation to protect investors from bad actors, DeFi is full of such pitfalls. **4) Regulatory Risk** – There is currently no regulation in the DeFi space. But that could change quickly in the coming years, and the impact on investment across the space will be hard to gauge. **5) Market Risks** – Stablecoins play a key role in the DeFi space, with investors looking to lend them at high yields, and borrowers looking to borrow against collateral. But as seen earlier in the month with Terra’s UST algorithmic stablecoin, investors in stablecoins have to reckon with the risk of de-pegging, which could see them lose much or all of their capital. **The current state of the DeFi market** According to DeFi analytics site DeFi Llama, the total Trade Value Locked (i.e. the total amount of money tied up in DeFi smart contracts) in the entire space is just under $100 billion as of 26th May 2021. This compares to a TVL of more than $172 billion at the start of the month and a TVL of more than $220 as late as December. A sharp decline came as a result of the collapse of the Terra ecosystem, which was triggered by the de-fixing of its USD stablecoin UST and the subsequent “bank run”, such as the influx of capital from the stablecoin that triggered hyperinflation in LUNA. The Terra ecosystem was at one point the second largest in the DeFi space (behind only Ethereum) with a TVL of nearly $22 billion as recently as 5th May, 2021. TVL is now only around $170 million, with the collapse sending a chill across the industry. Another headwind to the growth of the DeFi space in recent months has been the broad decline in the prices of cryptocurrencies such as Bitcoin and Ether. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/qagq?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [NEW LIST OF COINS LAUNCHED ON UNOCOIN](https://blog.unocoin.com/new-list-of-coins-launched-on-unocoin/) **Published:** November 1, 2022 **Author:** Unocoin Growth **Content:** With adequate research, analysis and luck, there are ways to increase your wealth through cryptocurrencies. In order to enhance the maximum trading experience for our users, Unocoin listed these five crypto assets in the month of October, they are **NEAR, ATOM, COTI, RSR and REEF.** Unocoin offers NEAR and other popular cryptocurrencies including Ethereum, Ripple, Litecoin, USDT and USDC at the best prices and lowest spreads. **What is NEAR coin?** NEAR coin is an ERC-20 utility token native to the NEAR protocol. The token has a limited supply of 1 billion, with 600 million now in circulation. NEAR’s all-time high was reached in January 2021 at $17.60. The token is primarily used to vote on proposals, pay for transactions, and reward bets. As such, validators will be paid NEAR tokens for their service, as will developers who create smart contracts on chains. **What is ATOM (Cosmos)** Atom (ATOM) (not to be confused with the abandoned Atomic Coin (ATOM) project) is the main cryptocurrency existing on top of the Cosmos platform. It is designed to facilitate communication, scaling and interoperation between independent chains. Dubbed the “internet of blockchains,” Cosmos aims to bring together different blockchains within a single platform and solve several key issues that have plagued the technology since its inception: - Scalability - Interoperability - Applicability - Sovereignty Projects launched on the Cosmos Network should allow their tokens to be exchanged without fuss. The network is organized as a modular solution built for use with application-specific blockchains of various types. These chains are supposed to be easier to develop, combined with the ability to transfer values ​​from one to another without violating their mutual sovereignty. In addition, Cosmos is being marketed as a toolkit of sorts, with modular and adaptable tools available to developers who feel ready to start working on decentralizing the Internet and related financial infrastructure. **What is RSR?** The Reserve team uses blockchain technology to process dollar payments, digitally without any intermediaries. Their mission is to develop financial tools so that people in affected regions can gain immediate access to dollars and maintain their standard of living. RSR uses collateral-based stablecoins such as True USD (TUSD) which are backed by cash and allowing them to cover the value of their RSV stablecoins. A user in the affected country can immediately access dollars and withdraw them to their bank account using the Reserve app. In the future, RSR plans to expand beyond Latin America and focus primarily on underdeveloped regions that do not have access to stable currencies. This is coupled with the mainnet launch where the Reserve protocol will be fully launched on the Ethereum mainnet and the mobile app will expand to other global regions. **What is Reef Crypto Currency?** In general, Reef Finance strives to filter the best opportunities in DeFi so that investors and traders can get the most out of their trading ventures and other DeFi services. The blockchain and decentralized finance market is becoming oversaturated with tokens, cryptocurrencies, and investment opportunities, making it increasingly important to simplify these opportunities. Reef Finance does this by aggregating new opportunities within a single ecosystem. REEF is an auxiliary token of the Reef protocol and serves as the main payment method and official store of value in the Reef ecosystem. **What is COTI?** COTI, or Currency of the Internet, is another crypto ecosystem that aims to build a decentralized and scalable payment network to facilitate efficient global trade. Combining distributed ledger technologies with traditional payment solutions, COTI aims to create a next-generation decentralized payment solution that is trust-based, instant and cost-effective. COTI differentiates itself from other payment solutions by providing a comprehensive solution that consists of an innovative trust mechanism, a decentralized mediation system, a multi-currency wallet and a native exchange. The COTI ecosystem is powered by the COTI coin, a native digital currency. **HOW TO BUY ALL THE ABOVE COINS?** - Use this three-step process to buy your first COTI with Unocoin’s crypto and bitcoin exchange app.Get registered on Unocoin: Enter a valid email address and username on the registration page. Once the email ID is verified, set a strong password to secure your account. - Account verification: Inorder to buy cryptocurrencies on the Unocoin platform, you need to complete your KYC. All you have to do is upload your documents and your account will be set up in some time. - Buy, Sell and Trade Cryptocurrency: After verifying your account, you can deposit any amount of fiat currency you like and start your crypto journey! Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/18z8?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [What is the Fear and Greed Index?](https://blog.unocoin.com/what-is-the-fear-and-greed-index/) **Published:** October 12, 2022 **Author:** Unocoin Growth **Content:** [![What is the Fear and Greed Index](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_What-is-the-Fear-and-Greed-Index--1024x535.png "UnocoinblogWhatistheFearandGreedIndex | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_What-is-the-Fear-and-Greed-Index-.png)What is the Fear and Greed Index**How the Fear and Greed Index is calculated** The cryptocurrency market is extremely volatile. In an effort to help investors navigate this incredible volatility, the Fear and Greed Index has become a staple of investor research. The crypto market is highly emotional and the fear and greed index can be used as a conformational tool for anyone willing to try their hand at cryptocurrency trading. People tend to get greedy when the crypto market is on the rise, and this is usually due to the fear of missing out (FOMO). Due to often strong emotions, investors tend to make irrational decisions that often lead to more losses than wins. The Fear and Greed Index has many useful features. For ages, traders have relied on these indices to make financial decisions that favor them. It is always wise for cryptocurrency traders to monitor the financial markets to keep an eye on assets that are overbought or oversold. The Fear and Greed Index is a great market research tool because it includes non-market data such as internet search trends. This data, which is relevant to high-growth assets, can be difficult to collect or understand, but the fear and greed index makes it easy for traders and plays a very important role in market analysis. Fear and greed index are measures of investor sentiment based on factors such as demand, momentum and volatility. Extreme fear can be a sign that investors are extremely concerned, and this could represent a buying opportunity. When investors get too greedy, it could be a sign that the market needs a correction. But those aren’t the only feelings measured by the fear and greed index. **How is the Cryptographic Fear and Greed Index calculated?** Index of Cryptographic Fear and Greed Links to an external site. measures factors contributing to investor sentiment: 1\. Volatility (25%) – calculation of the current volatility and maximum withdrawals of the asset and their comparison with the corresponding average values ​​for the last 30 days and 90 days. An unusual spike in volatility could be a sign of fear in the market. 2\. Momentum/Volume (25%) – High buying volumes in a bullish market indicate that the market is too greedy or too bullish. 3\. Social Media Analysis (15%) – Social media is an incredible source of information and that can mean a lot of investor sentiment. 4\. Investor Surveys (15%) – Investors’ views on certain assets can have a huge impact on asset prices and it is important to understand what investors are thinking. 5\. Dominance (10%) – reduced dominance means the market is becoming more greedy. The Fear and Greed Index analyzes current moods and crunches the numbers to create a visual scale that ranges from 0 to 100. 0 represents extreme fear, while 100 represents extreme greed. The index can be used to the advantage of traders, but it is always important to rely on other tools for confirmation. One way to ensure you are making the right financial decisions is to study charts and use existing data and past patterns to predict the future of the market. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/43hz?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/43hz?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [Should I invest in crypto products in 2022](https://blog.unocoin.com/should-i-invest-in-crypto-products-in-2022/) **Published:** October 6, 2022 **Author:** Unocoin Growth **Content:** [![Should I invest in crypto products in 2022](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin_Should-I-invest-in-crypto-products-in-2022--1024x535.png "UnocoinShouldIinvestincryptoproductsin2022 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin_Should-I-invest-in-crypto-products-in-2022-.png)Should I invest in crypto products in 2022 Bitcoin’s stunning performance—as a currency and an investment—has attracted both traditional and institutional investors. Is Bitcoin a good investment? To be fair, it offers you several advantages over traditional investments. **Liquidity** Bitcoin is probably one of the most liquid investment assets due to the worldwide introduction of trading platforms, exchanges and online brokers. You can easily exchange Bitcoins for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with Bitcoin makes it a great investment vessel if you are looking for short-term profit. Digital currencies can also be a long-term investment due to their high market demand. **Lower inflation risk** Unlike the world’s currencies – which are regulated by their governments – Bitcoin is almost immune to hyperinflation. It is still subject to inflation, but at a predictable rate that halves every 4 years. The blockchain system is infinite and there is no need to worry about your cryptocurrencies losing their value. New opportunities Bitcoin and cryptocurrency trading is relatively young – new coins are becoming mainstream everyday. This novelty brings unpredictable price swings and volatility that can create opportunities for massive profits. **Minimalist trading** Trading stocks can be a tedious process covered in red tape and can only be done during certain market hours. You also have to go through a broker to trade the company’s shares. But Bitcoin trading is minimalistic: simply buy or sell Bitcoins from exchanges whenever you want, 24/7. Bitcoin transactions are also instantaneous – unlike stock trading orders which can take days or weeks to settle. You can trade your fiat currency for Bitcoin on a trading platform such as Unocoin.com or via DEX. You can also negotiate a personal transaction to buy bitcoins. In India, fiat trading for cryptocurrencies is highly regulated. Most exchanges will require you to provide personal information to meet what is known as a Know Your Customer (KYC) standard. Many studies have found that most cryptocurrency buyers are buy-and-hold investors. The location of 60% of Bitcoin in circulation, which can be tracked thanks to the blockchain, has not changed in more than 1 year. Why? Although Bitcoin had a big bull run in Q2 2020, most people seem to expect more from it. Bitcoin can be used to buy almost anything you can imagine in hundreds of stores, but most crypto investors see it as something more – a political statement, a financial change, a hedge against a depreciating dollar. With all the different ways to make money from Bitcoin, you just have to choose what works best for you. Keep in mind that cryptocurrency as a whole is still considered quite volatile. The value of the Bitcoin you earn can change drastically. This may be why so many Bitcoin holders are doing just that — holding. To take full advantage of digital currency, we may have to wait for the world to catch up. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3), 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). accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At Bitcoin’s stunning performance—as a currency and an investment—has attracted both traditional and institutional investors. Is Bitcoin a good investment? To be fair, it offers you several advantages over traditional investments. Liquidity. Bitcoin is probably one of the most liquid investment assets due to the worldwide introduction of trading platforms, exchanges and online brokers. You can easily exchange Bitcoins for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with Bitcoin makes it a great investment vessel if you are looking for short-term profit. Digital currencies can also be a long-term investment due to their high market demand. Lower inflation risk. Unlike the world’s currencies – which are regulated by their governments – Bitcoin is almost immune to hyperinflation. It is still subject to inflation, but at a predictable rate that halves every 4 years. The blockchain system is infinite and there is no need to worry about your cryptocurrencies losing their value. New opportunities. Bitcoin and cryptocurrency trading is relatively young – new coins are becoming mainstream everyday. This novelty brings unpredictable price swings and volatility that can create opportunities for massive profits. Minimalist trading. Trading stocks can be a tedious process covered in red tape and can only be done during certain market hours. You also have to go through a broker to trade the company’s shares. But Bitcoin trading is minimalistic: simply buy or sell Bitcoins from exchanges whenever you want, 24/7. Bitcoin transactions are also instantaneous – unlike stock trading orders which can take days or weeks to settle. You can trade your fiat currency for Bitcoin on a trading platform such as Unocoin.com or via DEX. You can also negotiate a personal transaction to buy bitcoins. In India, fiat trading for cryptocurrencies is highly regulated. Most exchanges will require you to provide personal information to meet what is known as a Know Your Customer (KYC) standard. Many studies have found that most cryptocurrency buyers are buy-and-hold investors. The location of 60% of Bitcoin in circulation, which can be tracked thanks to the blockchain, has not changed in more than 1 year. Why? Although Bitcoin had a big bull run in Q2 2020, most people seem to expect more from it. Bitcoin can be used to buy almost anything you can imagine in hundreds of stores, but most crypto investors see it as something more – a political statement, a financial change, a hedge against a depreciating dollar. With all the different ways to make money from Bitcoin, you just have to choose what works best for you. Keep in mind that cryptocurrency as a whole is still considered quite volatile. The value of the Bitcoin you earn can change drastically. This may be why so many Bitcoin holders are doing just that — holding. To take full advantage of digital currency, we may have to wait for the world to catch up. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3), 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). , 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [What is Bitcoin Cash? A complete guide about Bitcoin Cash](https://blog.unocoin.com/what-is-bitcoin-cash-a-complete-guide-about-bitcoin-cash/) **Published:** September 26, 2022 **Author:** Unocoin Growth **Content:** Bitcoin Cash (BCH) is an altcoin version of the popular cryptocurrency Bitcoin. Bitcoin Cash is the result of a hard fork in blockchain technology. One of the most significant changes from Bitcoin to Bitcoin Cash is the size of the coin. Previously, Bitcoin’s 1MB limit caused transaction delays, so Bitcoin Cash increased the potential block size to allow more transactions and help scale cryptocurrencies as they grew and competed with more traditional cryptocurrency platforms. [![What is Bitcoin Cash A complete guide about Bitcoin Cash](https://blog.unocoin.com/wp-content/uploads/2022/09/What-is-Bitcoin-Cash_-A-Complete-Guide-about-Bitcoin-Cash-01-1024x535.png "WhatisBitcoinCashACompleteGuideaboutBitcoinCash01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/What-is-Bitcoin-Cash_-A-Complete-Guide-about-Bitcoin-Cash-01.png)What is Bitcoin Cash A complete guide about Bitcoin CashAfter its inception, Bitcoin Cash quickly became the 3rd most successful cryptocurrency, after Bitcoin and Ethereum. Although Bitcoin Cash has a higher transaction speed, the currency is not accepted in as many places as Bitcoin or Ethereum, and disagreements in the developer community have caused Bitcoin Cash to be promoted as an investment tool rather than a transaction currency. In November 2018, Bitcoin Cash developers decided that another hard fork was necessary, and Bitcoin Cash split into two parts. Forking is often the result of a deadlock in an open-source project that is so insurmountable that all work stops. This usually occurs when development team members are unable to resolve personal conflicts or fail to reach a consensus on the next steps. In this particular fork, one group of developers felt that the block size should be limited to 32MB. A second group submitted a competing version of the software that increased the block size to 128MB. At the time of writing, the two Bitcoin Cash forks are commonly referred to as Bitcoin ABC (Bitcoin Adjustable Blocksize Cap) and Bitcoin SV (Satoshi’s Vision). Bitcoin Cash trades on digital currency exchanges including Unocoin, Bitstamp, Coinbase, Bitfinnex, etc Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/tngo/mthy)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/tngo/mthy)**, 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). **Categories:** Blog, Featured **Tags:** Bch, bitcoin, Bitcoin News, Bitcoincash, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [Zcash Vs Monero](https://blog.unocoin.com/zcash-vs-monero/) **Published:** September 28, 2022 **Author:** Unocoin Growth **Content:** Private coins are a fascinating technology because they allow people to transact without leaving a record. As world-changing as Bitcoin is, one of its big drawbacks is that transactions are publicly recorded where anyone can see them. The most beneficial feature of the privacy coin is not that you can use it anonymously on the darknet market. No, the best feature of privacy coins is that they are fungible. Just as any $20 bill is worth any other $20 bill, the privacy coin cannot be “tainted”. Because of their fungibility, a merchant can accept a privacy-protecting coin without caring about where it came from. As cryptocurrency adoption grows, we expect fungibility to become an increasingly important issue for everyone in the blockchain space. With that in mind, let’s start this article by comparing Zcash vs. Monero, two of the largest private coins on the market. [![Zcash Vs Monero](https://blog.unocoin.com/wp-content/uploads/2022/09/Zcash-Vs-Monero-Fundamental-technical-specs-01-1024x535.png "ZcashVsMoneroFundamentaltechnicalspecs01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Zcash-Vs-Monero-Fundamental-technical-specs-01.png)Zcash Vs Monero**Zcash Vs Monero** When it comes to privacy, there is a big difference when comparing Monero vs. Zcash. The difference is that 100% of all Monero (XMR) transactions are anonymous. Monero transactions have always been private and always will be unless something goes terribly wrong. Zcash (ZEC), on the other hand, gives users the option to send a normal transaction or a shielded transaction (private transaction). Recent statistics show that only about 6% of transactions on the Zcash network are fully protected and 15% partially. The problem with this model is that since only a small percentage of transactions are private, sending a shadow transaction immediately attracts attention. For example, imagine you are a regular Zcash user. Send 20 normal transactions in a row and then send the 21st transaction privately. If someone were to examine your transaction history, the first thing they would ask is; Why did you choose to send this transaction privately? What did you feel the need to hide? This illustrates a fundamental problem with optional private transactions: they stick out. This low percentage of private transactions also means that Zcash’s set of anonymity or other addresses/transactions that a user and their transactions can “hide” or merge with is small. On Monero, all transactions are private, so they don’t stand out as much. This means that Monero has more anonymity settings and thus more privacy, as it is more difficult to find out who is on the receiving end of a private transaction. However, what makes Monero stand out is… The fact that you are using Monero! If law enforcement is interested in your finances, they will likely want you to explain why you feel the need to transact in private cryptocurrency rather than Bitcoin. In the future, this could harm Monero’s complete privacy from a regulatory perspective. However, it may well be years before regulators take a serious look at it. In the form of cryptocurrency today, your average person may, well, have heard of Bitcoin, but even that is not a given. Monero and Zcash are so under the radar that they will likely be largely ignored for some time to come. However, this will not last forever. At some point, ZEC and XMR will face disproportionate attention from regulators. Will they be banned? Heavily regulated? Have you run all major exchanges? But who’s to say that the risk of some government retaliation is negligible and should be taken into account when deciding whether or not to use one of these two coins. **Zcash Mining Vs. Monero** It would be difficult to argue that mining one coin is more profitable than another. After all, the profitability of mining can depend on: - Current hardware costs - Sale price of the coin - Current network hashrate Probably the only common denominator in mining is the cost of electricity. So the best way to compare profitability is to use a mining calculator. The mining calculator is designed to take into account all current factors affecting profitability and give you an accurate idea of ​​how much you can earn. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/g4cz?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog, Featured **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Monero, Unocoin, Zcash --- ### [HOW LONG DOES IT TAKE TO MINE A BITCOIN](https://blog.unocoin.com/how-long-does-it-take-to-mine-a-bitcoin-2/) **Published:** October 7, 2022 **Author:** Unocoin Growth **Content:** How long does it take to mine 1 BTC? [![HOW LONG DOES IT TAKE TO MINE A BITCOIN](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_How-long-does-it-take-to-mine-a-Bitcoin--1024x535.png "UnocoinblogHowlongdoesittaketomineaBitcoin | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/10/Unocoin-blog_How-long-does-it-take-to-mine-a-Bitcoin-.png)HOW LONG DOES IT TAKE TO MINE A BITCOINAlthough each block takes 10 minutes to discover, and each block brings a reward of 6.25 BTC to the miner who successfully discovers it, it is important to understand that essentially the entire Bitcoin mining network competes in this block discovery process. This means that only a single miner in the entire mining network will actually successfully discover a block – and since there are potentially tens of thousands of Bitcoin miners in operation, the probability of him discovering a block on his own is quite low. For this reason, the vast majority of Bitcoin miners work together as part of a mining pool and combine their hash rate to have a better chance of discovering a block. After that, regardless of which miner in the pool actually discovers the block, the rewards are distributed equally across the pool. As a result, a miner who contributes 1% of the hash rate pool will also receive 1% of the accumulated block rewards. ![](https://lh3.googleusercontent.com/KkbAJBu8FyWWAQFSNWoAhRPg14cqfRD94bWJAa7MLorFs-3fQTGpk826cBG4k5_d0zLNJ3ToRnMSHFHJPdimdmxmVnYfKw6h_xepTqB5RY_VGaHLQm3wzhdBh_2ZyqXq7JOkybh9vKT0ptuxgdXOf_5815OYZRBZcxYS2mwT8cjKnn8l-8yCp_nePg)F2Pool is currently the largest pool by hash rate share, contributing around 26.73 EH/s of the total Bitcoin hash rate of 134.6 EH/s. This 19.9% ​​hash rate share essentially means that approximately 19.9% ​​of all newly mined BTC is mined by this pool – which equates to 179.1 BTC per day (out of a total of 900 BTC distributed to all miners per day). An individual miner contributing 1% of the hash rate pool (~267 PH/s) would earn approximately 1.79 BTC per day. This means that a miner would need almost a 149.2 PH/s hash rate to mine an average of 1 BTC per day at current difficulty levels. To put this into perspective, this is the equivalent of running 2,331 of the latest 64TH/s Antminer S17e ASIC miners released in November 2020. This setup would likely cost somewhere in the region of $1.86 million, assuming an average unit price of $799 /ea. This would also prove somewhat challenging as the Antminer S17e is currently sold out (as of December 2020) and is only available at a premium through resellers. For those on a smaller budget, a single Antminer S19 Pro (an older generation but widely available unit) would take a total of 1,356 days to generate 1 BTC in rewards while working with a mining pool – the equivalent of generating 0.00073 BTC. /day in rewards, or around $13.28/day at current prices ($18,200/BTC). To calculate how long it would take another mining rig to generate 1 BTC in rewards, you can simply plug its hash rate into the following equation: 1 / (hash rate (in PH/s)) \* 0.0066. This result will generate the number of days it will take to generate 1 BTC in rewards at the current difficulty levels. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/tar4?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/tar4?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [A BEGINNER'S GUIDE TO CRYPTO MINING ](https://blog.unocoin.com/a-beginners-guide-to-crypto-mining/) **Published:** September 19, 2022 **Author:** Unocoin Growth **Content:** During this section, we’ll cover what you should do to get started with cryptocurrency mining. A number of the key areas we will focus on are the best hardware and software and the costs you should be prepared for. [![A BEGINNER'S GUIDE TO CRYPTO MINING ](https://blog.unocoin.com/wp-content/uploads/2022/09/beginners-guide-to-crypto-trading-01-01-1024x535.png "beginnersguidetocryptotrading0101 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/beginners-guide-to-crypto-trading-01-01.png)A BEGINNERS GUIDE TO CRYPTO MINING **The best hardware for cryptocurrency mining** As we mentioned before, you would like affordable hardware to mine cryptocurrencies. Different cryptocurrencies use different mining algorithms and this is often also reflected in the mining hardware. For Bitcoin and a few select coins, ASIC miners are the simplest because they offer the highest performance and are efficient. However, the most deterrent for new miners looking to start up is cost. For example, few can afford the new Bitmain Antminer S19 Pro with 110 TH/s and 3250 W consumption. This ASIC beast sells for quite $18,000 when it includes the facility supply unit (PSU) and power cables. this is often too expensive, but it’s the best hardware for mining the Bitcoin SHA-256 algorithm. When it involves ASIC-resistant networks, you’ll only mine efficiently with GPU hardware. Nvidia and AMD graphics cards are the simplest for cryptocurrency mining and are usually used to build mining rigs to get the required range of processing power. For example, Nicehash offers a customized 10x NVIDIA RTX 3060 Ti mining rig that achieves an honest 600 MH/s with only 1400 W. One RTX 3060 costs around $399 (INR 32,000) When you choose a coin to start mining, the primary step is to find out how much it costs to acquire the hardware. **Other costs to think about** While hardware is taken into account as the most important part of mining, without enough power you will not achieve anything. Devices that use more power are more profitable, which suggests higher electricity costs and high-end PSUs. You also need to consider how much you will pay for electricity, both to run the mining machines and for the flowery cooling system. Note that ASICs can have fans, but you’ll need to install additional fans for better results, even when building a mining rig. The best way to mitigate additional costs is to use cheap electricity and use miners with the highest possible efficiency. **Start mining!** Once you’ve got the hardware set up, you’re one step away from mining cryptocurrency. The subsequent step is to download compatible mining software. If you’re a Windows user, download a software miner supported by Windows, also as Linux and Mac. You’ll also mine some coins using your Android mobile phone which then requires mobile-supported software. We also mentioned that you simply may need to join a mining pool. Select one and proceed to configure the mining software, hardware connection to the pool and network you would like to mine. Once you’ve got your wallet set up, your software configured, and your hardware turned on, start mining. **Mining Solutions/Services** Mining has become too complicated on some networks, therefore the best alternative for most people is to join mining pools. A mining service or provider allows multiple miners to mix hardware power and mine cryptocurrency as a single unit with a significantly higher hash rate. The most important tip when looking to get involved in a mining pool is to make sure you choose one that will guarantee you a reward for your efforts. One factor to think about is mining fees. The typical fee should be 1%. It’s important to pay attention to this because you want to save on costs and increase your income. Server location is additionally important. By choosing a server that’s closer to you, you increase the prospect of generating more valid blocks. If the servers are located in a country where electricity is cheap, you’ve got the added benefit of reducing costs. The mining pool must even be trusted. Established pools are often reliable. If you would like to join a new pool, thoroughly research what the mining community has got to say about them. In addition, you ought to consider a payout scheme. Some are focused on luck, while others even share rewards. Some include high risk but reward their miners handsomely. Other factors you ought to consider are the pool’s uptime, minimum payout, and therefore the pool’s overall hashing power. There are several mining pools to settle on, with the simplest options depending on the coins you want to mine. During this case, do touch research on the coin in question and see which pools are the best for that cryptocurrency. **What if you would like to mine cryptocurrency but don’t want to buy the hardware or run it yourself?** Cloud mining service allows you to rent a hash rate and mine for a given period as agreed within the contract. It removes the responsibility of acquiring and running mining machines, with the additional advantage of being able to mine any coin at a price that suits you. However, cloud mining has its weaknesses that you simply should pay close attention to before purchasing contracts. The prevalence of fraud in this industry is alarming. If you do not do your due diligence, you’re likely to fall victim to them. Some cloud miners can also take advantage of your naivety and pay you less than you’re worth. Others can terminate your contract as they want. It’s therefore important to read all the clauses in the contract before signing. With that in mind, the simplest cloud mining services on the market include Genesis Mining, HashFlare, NiceHash, and Hashgains. You’ll also research a specific coin to see which cloud mining service is supported. 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At **[Unocoin](https://unocoin.sng.link/Awg8j/ao3d?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog, News, Press Release **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [The Good and Bad of Bitcoin Price Volatility](https://blog.unocoin.com/the-good-and-bad-of-bitcoin-price-volatility/) **Published:** October 3, 2022 **Author:** Unocoin Growth **Content:** There is no denying that cryptocurrencies, including Bitcoin, are volatile. For example, in the first half of 2021, Bitcoin doubled in value and reached an all-time high of $64,000. However, during the summer months, it fell back to less than $30,000. Then in November, the price of Bitcoin rose again; this time to $68,000 (for another all-time high) to fall below $35,000 in January 2022. And that’s just one example. Since its launch in 2009, Bitcoin has had an impressive price history and has seen more than a few notable falls. Volatility is essentially a given across all types of cryptocurrencies, given the general atmosphere of legal, political, institutional and technological uncertainty that hovers around them. Bitcoin was the first cryptocurrency ever created. Not only is it the most expensive crypto, but it is probably the most visible and has become the flagship for the entire crypto/blockchain space. Arguably, Bitcoin could be the coin that led the government, the public, and traditional financial services companies to take cryptocurrencies seriously. Millions of ordinary people increasingly see Bitcoin as a tool for investing, trading and saving. However, before investing in a cryptocurrency, an investor would want to seriously consider its volatility. [![The Good and Bad of Bitcoin Price Volatility](https://blog.unocoin.com/wp-content/uploads/2022/10/UC-blog_The-good-and-bad-of-bitcoin-volatility-1024x535.png "UCblogThegoodandbadofbitcoinvolatility | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/10/UC-blog_The-good-and-bad-of-bitcoin-volatility.png)The Good and Bad of Bitcoin Price Volatility**Volatility is neither good nor bad**. Another thing is that if this volatility causes the price of Bitcoin to drop dramatically, crypto traders, holders, and investors are likely to feel FOMO, or the fear of missing out. Cryptocurrency enthusiasts may struggle to decide whether or not to give up their hard-earned coins or buy and hold more. If the price goes up, Bitcoin holders and traders can get intensely excited about it – especially those who are holding huge amounts of BTC at that very moment. Meanwhile, those who don’t have enough coins in their hands may find the situation deplorable. On the other hand, if the price drops significantly, holders with large amounts of BTC may also regret not selling their coins right away. Rather, it is a phenomenon that exists in all financial markets for different reasons. Cryptocurrency skeptics may see cryptocurrency volatility as a danger sign, a reason to stay away. However, sometimes volatility can benefit a new high-growth asset like a cryptocurrency. That’s what’s happening right now, with traders looking to profit and wealthy venture capitalists flocking to cryptocurrencies. Venture capital funding can help establish new start-ups and support technical innovation. And new money flowing into the sector often brings increased liquidity, which contributes to healthy financial markets. The FOMO factor we talked about above and simple curiosity can also have a positive effect on cryptocurrencies. For example, some large traditional financial services institutions (TradFi), which were earlier opponents of cryptocurrencies, are now showing interest in the crypto sector. 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At **[Unocoin](https://unocoin.sng.link/Awg8j/1fjv?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [Cardano’s Vasil Upgrade](https://blog.unocoin.com/cardanos-vasil-upgrade/) **Published:** September 23, 2022 **Author:** Unocoin Growth **Content:** The long-awaited Vasil hard fork upgrade from Ethereum (ETH) challenger Cardano (ADA) had gone live today, with plans for developers to take advantage of its new capabilities by next week. [![Cardanos Vasil Upgrade](https://blog.unocoin.com/wp-content/uploads/2022/09/Cardano-vasil-update-01-1024x535.png "Cardanovasilupdate01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Cardano-vasil-update-01.png)Cardanos Vasil Upgrade Input Output Hong Kong (IOHK) and its CEO Charles Hoskinson say the mainnet update is ready. “The \[Input Output Global\] and \[Cardano Foundation\] joint team used a hard fork combinator to deploy Vasil at the protocol level on September 22nd. The new features will be available for developers to use on the mainnet exactly one epoch later, on September 27th.” Hoskinson, who co-created ADA, previously said that the Vasil hard fork represents the next step in the evolution of Cardano and should improve its utility and scalability. “Moving forward, there will be a big retrospective on how we do things better. There will also be a deep conversation about the overall architecture of Cardano as it is and how we are taking it to the next level to make it more useful, portable, scalable and better for everyone… It is becoming increasingly clear that the distance between us and everyone else is growing. We built Cardano as the world’s financial operating system. We built it to save banks without a bank account. We built it as a community to give economic identity to those who don’t have it, so we can have one global fair market. It’s a crazy mission and it seems vast, but when Vasil arrives on September 22, it seems much more attainable.’ The upgrade prompted many leading crypto analysts such as Michaël van de Poppe and Benjamin Cowen to predict a rally for the smart contract platform. Cowen said he expects ADA to reach $0.60, while van de Poppe said a price of $1.00 is not out of the question. Here are the key dates for your reference: September 19 – Mainnet update proposal submitted to trigger the HFC 22 event September 22 (Epoch 365 at 21:45 UTC) – Vasil Mainnet HFC event (Era transitions from Alonzo -> Babbage) September 27 (Epoch 366 at 21:45 UTC) – Plutus V2 Pricing Model Available on Mainnet Over 98% of mainnet blocks are now produced by node Vasil (1.35.3). The best Cardano DApps have confirmed that they have been tested and are ready. In the meantime, the top exchanges continue to make good progress in their updates (now over 55% by liquidity), so we are confident that we will be able to proceed with the launch of the hard fork at the appropriate time. **LAUNCHING THE SOLID FORK** Vasil is the most ambitious update program for Cardano to date. With such a complex upgrade with many stakeholders, we need to be sure that the ecosystem is ready and prepared before any hard fork is launched. In order for this mainnet upgrade to go live, the IOG & Cardano Foundation teams will monitor three critical mass indicators that the community will need to achieve: 75% of Mainnet Blocks Produce Final Node Candidate Vasil (1.35.3) About 25 exchanges upgraded (representing 80% of ad liquidity) Top 10 DApps from TVL confirming that they have upgraded to 1.35.3 on PreProduction and are ready for mainnet. Once everyone is cool and ready, the IOG team, working closely with the Cardano Foundation, will launch an upgrade for the Cardano mainnet. 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At **[Unocoin](https://unocoin.sng.link/Awg8j/gtdx?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog, Featured **Tags:** Ada, bitcoin, Bitcoin News, Budget, Cardano, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [The Federal Reserve decided to raise interest rates by 0.75%](https://blog.unocoin.com/the-federal-reserve-decided-to-raise-interest-rates-by-0-75/) **Published:** September 23, 2022 **Author:** Unocoin Growth **Content:** The Federal Reserve decided to raise interest rates by 75 basis points or 0.75 percentage points on Wednesday, signaling rates may go higher than investors expected as the central bank battles decades of high inflation. The latest hike lifted the Fed’s key policy rate to a range of 3-3.25%, the highest since early 2008. It comes after recent consumer price inflation data came in hotter than expected, surprising some analysts and showing that inflation became sticky, widespread,\\l\] and is the result of strong demand rather than supply issues. Ahead of the August CPI report earlier this month, many on Wall Street expected the Fed to slow its pace and raise rates by half a point in September. [![The Federal Reserve decided to raise interest rates by 075](https://blog.unocoin.com/wp-content/uploads/2022/09/Fed-rate_LinkedIn-1024x535.png "FedrateLinkedIn | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Fed-rate_LinkedIn.png)The Federal Reserve decided to raise interest rates by 075**Rates** Fed leaders are likely to discuss the possibility of a 100 basis point hike at the meeting after core consumer prices rose more than expected in August. Markets peg the likelihood of such an increase at nearly 20%, with one Wall Street forecaster, Robert Dent of Nomura Securities, even calling it a likely outcome. At the last meeting in July, Powell left the door open to such a move when he said “we would not hesitate to take an even bigger step than we did today if the committee came to a conclusion,” which was appropriate. **Summary of Economic Projections** The updated summary of economic projections will include policymakers’ first forecasts for 2025. While most investors will focus on the rate forecast for this year and next, the projections may also show that the FOMC expects to keep rates higher for longer, with rates falling to just 3. 6% in 2024 and 2.9% in 2025. Powell emphasized that the Fed is trying to reduce growth below its long-term trend and reduce demand in line with limited Covid supplies. With that in mind, the committee is likely to cut its growth estimates for 2022 and 2023 and could raise its unemployment rate estimates for 2023 and 2024, according to economists polled by Bloomberg. With inflation persisting more than expected, the Fed may not see inflation returning to its 2% target until 2025. **FOMC statement** The Fed is likely to reiterate that recent indicators of economic growth have moderated while continuing to promise “continuous” interest rate increases without specifying their size. Some economists say the statement could include that the pace of growth will slow at some point, echoing Powell’s public comments in July and at the Fed’s August conference in Jackson Hole. After last week’s disappointing consumer price index that showed core inflation excluding food and energy accelerated, the committee could also decide to express more concern about inflation, said Derek Tang, an economist at LH Meyer in Washington. “Watch for improvements to the wording on inflation: for example, inflation is higher and moving away from our target,” he said. **Press conference** Powell’s July press conference was widely interpreted as dovish on Wall Street, as he said the central bank was backing away from explicit forward guidance on rates and expected the pace of hikes to slow at some point. Fed officials spent the following weeks making clear their view that they were not backing down from the fight against inflation. With that in mind, Powell could try to ensure his message is seen as suitably hawkish and clear up the meeting. “The most important thing is what Powell says,” Perli said. “There have been communication hiccups in the last few press releases. I hear the concern that Powell will say something that will lead the market to believe something that is not accurate. People are afraid of repeating this experience.” Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/iqpb?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/iqpb?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Unocoin --- ### [Difference Between Bitcoin Vault and Bitcoin Wallet and Exchange Wallet.](https://blog.unocoin.com/difference-between-bitcoin-vault-and-bitcoin-wallet-and-exchange-wallet/) **Published:** September 20, 2022 **Author:** Unocoin Growth **Content:** There are three possible ways to store your crypto: wallet, vault and exchange. All three have different use cases and deserve their own place under the sun, but for a new cryptocurrency user, the choices can be overwhelming. Furthermore, there are a lot of things to consider when it comes to the difference between a Bitcoin wallet and a safe. [![Difference Between Bitcoin Vault and Bitcoin Wallet and Exchange Wallet](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Difference-between-bitcoin-vault-and-bitcoin-wallet-1024x535.png "UnocoinDifferencebetweenbitcoinvaultandbitcoinwallet | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Difference-between-bitcoin-vault-and-bitcoin-wallet.png)Difference Between Bitcoin Vault and Bitcoin Wallet and Exchange WalletThis article examines the difference between a BTC wallet and a vault, and later focuses on exchanges and their implementations. If you don’t care about the technical details and are simply looking for “cryptocurrency storage 101”, we have a nice infographic on the topic that explains the basic differences without going into the reasons behind them. **What is a bitcoin wallet** To explain exactly what a bitcoin wallet is, we first need to explain what bitcoin is and how it works. Bitcoin (and any other unit of any cryptocurrency) is a unique digital token. For example “SaMpLe1rPe34nu5hbn3rx6pj4”. These tokens are stored in the Blockchain – a digital ledger that is encrypted and simultaneously updated on all devices connected to it. Each of these devices has a Bitcoin address (public key) that is used to identify it. Some of them have more than one. A Bitcoin wallet is a unique address on the Blockchain that shows how many tokens (and what kind) that user holds. It is visible to everyone, but in order to access it and transfer bitcoins somewhere else, you need to decrypt them. To do this, you need a private key that only the owner of the bitcoin wallet knows. And now for the reason why some wallets have more than one address. After using one of the addresses in a transaction, the user must generate a new address and replace the used one. The old one remains usable, but is considered compromised and is not recommended for use. Some wallet users create many addresses in advance to avoid being caught without them. **Advantages of Online Bitcoin Wallets** - Online wallets are accessible anytime and from any device. - Online wallets are easy to use and perfectly suited for everyday bitcoin payments; - Online wallets can be recovered if the user has authenticated with the wallet provider. **Disadvantages of Online Bitcoin Wallets** - Online wallets store bitcoins outside of users’ devices, which poses a security risk; - Online wallets require users to trust the wallet provider, which poses a security risk. - Online wallets do not provide users with their private keys, which is a security risk and sometimes inconvenient. Bonpay has its own online wallet where you can create an account in less than a minute. Other popular options are Bitcoin Wallet and Exodus. We also recommend that you learn how to secure cryptocurrency online wallets. **What is a Bitcoin Vault?** The name Bitcoin Vault, pardon the pun, was coined by CoinBase in 2014 as a “safer option for storing bitcoins” compared to their own online bitcoin wallet. Since then, many other companies have started providing both wallets and vaults as separate services. The main differences between a Bitcoin wallet and a vault are: Advanced account protection. All Trezor payments are delayed for 48 hours, during which the Trezor provider will try to contact the account holder personally. The payment will not take place until the account owner says confirmation. If there are multiple owners (which is possible with group vaults), everyone must approve the transaction. Geographical distribution. Most bitcoins are not stored on the same server. For example, Coinbase Vault stores 97% of Bitcoins in a geographically distributed network of servers that are not directly connected to the global internet. Other functions. Some companies provide their Safe users with Premium features. For example, Xapo provides insurance for all Xapo Vault accounts. However, if you are looking for a significant difference between a Bitcoin wallet and a safe – you may be a little disappointed. At the end of the day Vault is just a Wallet on steroids with some extra paranoid protection systems and some additional services. So when it comes to the BTC Vault vs Wallet battle, the choice is entirely yours. **What is a bitcoin exchange and how does it store bitcoins?** A bitcoin exchange is a place to trade bitcoins for other crypto and fiat currencies. And for the exchange to work, it needs to store each user’s cryptocurrency. Except that giving each user their own separate wallet would seriously cripple the exchange’s performance – as cryptocurrency prices change every second, and a lot can change in the 20 minutes it takes to confirm a trade. ![](https://lh3.googleusercontent.com/0NteLMKOcp8pXJi7SOlBpowo_bLQcZfn1emy2K2gUtNQlDDxz_4kRemeUB-tjQoEZEktznribioNYHQ2KfoS-4uqsCEQOBeU0aq4tnOdg-DNL4wA0UNAyxGuiQP4QUUKm8WqcQYsG1F19eu8ACgShcYwOvm-NHhoMtsjAv9Ycy_bS9RYGpog_Vh8)**Unocoin is the fastest growing crypto exchange in India** This is why the exchange stores all bitcoins (and other cryptocurrency tokens) in a single wallet. Each user only gets a different address and limited access to only a certain amount that they “own”. I use quotes because these people don’t actually own anything – all tokens legally belong to Coinbase and users only have “access” to them. This single “fat” wallet is of course an attractive prize for hackers and therefore a massive security risk. Not to mention that in case of hack it will be impossible to get any refund. If “Bitcoin Vault vs Bitcoin Wallet” is a toss up, “Bitcoin Wallet vs Exchange” isn’t even an option. You should not store your bitcoins (or any other tokens) on exchanges. But if you need to exchange your BTC for different tokens, you can try Coinbase and Unocoin. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/0ct4?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/0ct4?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Bitcoin Vault, Bitcoin Wallet, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [What is crypto lending?](https://blog.unocoin.com/what-is-crypto-lending-2/) **Published:** September 16, 2022 **Author:** Unocoin Growth **Content:** Cryptocurrency Lending is the process in that cryptocurrency is loaned to borrowers in exchange for regular interest payments. Payments are made in the form of cryptocurrency, which is usually stored and totaled on a daily, weekly or monthly basis. There are two main types of cryptocurrency lending platforms: decentralized cryptocurrency lenders and centralized cryptocurrency lenders. Both offer access to high-interest rates, sometimes as high as 20% annual percentage return (APY), and both typically require borrowers to post collateral to access a crypto loan. [![What is crypto lending](https://blog.unocoin.com/wp-content/uploads/2022/09/lending-01-1024x535.png "lending01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/lending-01.png)What is crypto lending**KEY SHOTS** - Cryptocurrency loans pay high-interest rates for deposits. - Crypto loans offer access to cash or crypto through secured loans. - Crypto loans are inherently risky as a margin call may occur if asset prices fall. - Cryptocurrency lending platforms act as intermediaries for lenders and borrowers, and both centralized and decentralized markets are available. **Understanding Crypto Lending** Cryptocurrency lending platforms offer investors opportunities to borrow against stored crypto assets and the ability to lend cryptocurrencies to earn interest in the form of crypto rewards. Lending platforms became popular in 2020 and have since grown to billions in total value locked up on various platforms. 1. Cryptocurrency loans have two components: deposits that earn interest and cryptocurrency loans. Savings accounts work much like a bank account. Users deposit cryptocurrency and the lending platform pays interest up to 8% APY (depending on platform and cryptocurrency). The platform may use the deposited funds to lend to borrowers or for other investment purposes. 2. Crypto loans are typically offered as secured loan products that require users to put up a minimum of 100% (and up to 150%, depending on the lender) in crypto collateral in order to borrow cash or cryptocurrency. 3. Like traditional loans, interest rates vary by platform and require monthly payments. Unlike traditional loans, cryptocurrency loan terms can be as short as seven days and as long as 180 days and charge an hourly interest rate, like Binance. 4)Then there are other lenders that offer an unlimited line of credit instead, such as Nexo, which offers 0% APR. **Risks of cryptocurrency lending** Cryptocurrency loans are inherently risky for both borrowers and lenders, as loans and deposits are tied to the ever-volatile crypto market. As the recent Celsius debacle unfolded, billions of dollars in deposits were frozen overnight, leaving crypto enthusiasts less than thrilled. **Here are some risks of crypto lending:** **Margin calls** When users pledge collateral and borrow against it, a decline in the value of the collateral posted may trigger a call for additional payment. This happens when the LTV of the crypto loan falls below the agreed rate. When this happens, borrowers either have to put up more collateral to bring the LTV down again or risk liquidation. **Illiquidity** When crypto assets are stored on crypto lending platforms, they usually become illiquid and cannot be accessed quickly. Although some crypto lending platforms allow lenders to withdraw deposited funds relatively quickly, others may require a long waiting time to reach them. **Unregulated** Cryptocurrency lending platforms are not regulated and do not offer the same protection as banks. For example, bank deposits in the US are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, and if the bank becomes insolvent, user funds are protected up to that limit. Cryptocurrency lending platforms that have solvency issues have no protection for users and may result in loss of funds. **High-interest rates** Although some crypto loans offer low rates, most crypto loans charge more than 5% APR, with some charging up to 13% APR (or more). Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/s719?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/s719?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [WHAT IS CPI DATA](https://blog.unocoin.com/what-is-cpi-data/) **Published:** September 14, 2022 **Author:** Unocoin Growth **Content:** The highly volatile crypto market may experience some dramatic changes in the most popular cryptocurrency known as Bitcoin (BTC). After a drastic drop from USD 69,000 to USD 17,000, the price of BTC started flying a bearish flag in the crypto market. This cryptocurrency goes through short-term volatility when CPI (Consumer Price Index) numbers are released. However, CPI has been observed to loosen every month while Bitcoin was affected in July 2022. CPI tends to prompt Bitcoin cryptocurrency investors to adjust their crypto market status accordingly. [![WHAT IS CPI DATA](https://blog.unocoin.com/wp-content/uploads/2022/09/CPI-data_Instagram-1024x1024.png "CPIdataInstagram | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/CPI-data_Instagram.png)WHAT IS CPI DATABitcoin had this big crypto crash in the crypto market due to extreme market conditions like high inflation rates and many other external factors. The CPI release event may shift the dynamics of the crypto market with high inflation, which is a hot and trending issue around the world, especially in the financial sector. It forces crypto-investors to shift portfolios while causing massive volatility in the BTC community. At the time of writing, the current price of BTC cryptocurrency is $18,785with a market cap of $406.30 billion and a volume of $25.13 billion. It has reduced the appeal of the cryptocurrency while carrying the bear cryptocurrency flag. It is very beneficial for short-term investors with a buy-the-dip strategy, but for long-term BTC investors, it represents a huge losing opportunity. Bitcoin was able to increase the price of its cryptocurrency from June 2022 to July 2022, i.e. from 17 thousand USD to 21 thousand USD. It has been speculated that the higher the US CPI, the greater the pressure on the price of BTC – with the corresponding effect of the US central bank’s tight policy on further interest rate hikes. CPI is being watched very closely by crypto investors as its use as a hedge against inflation by more crypto investors has risen to an all-time high. Meanwhile, the CPI is known to measure the rate of inflation in an economy, where rising inflation affects the declining standard of living of the population. It tends to increase the price of goods with less production, leading to huge job losses. CPI rose 9.1% from June2021 to June 2022. Higher interest rates can cause demand for Bitcoin to decrease by making interest-bearing securities more attractive. It can affect the price of the cryptocurrency while also curbing inflation with a shift in liquidity – more volatility and the price of the cryptocurrency will be negatively affected. Bitcoin will continue to struggle under a high rate of inflation as well as a very low ecosystem liquidity. Inflation is currently being watched very closely. Not only has inflation driven interest rates much higher, but Fed Chairman Powell made it clear in a speech in August that the Fed is unlikely to ease rate hikes until it is very confident that US inflation is well under control. Powell noted that even the positive CPI report in July was insufficient to give the Fed confidence that inflation was indeed moving back toward the Fed’s 2% target. Whatever the upcoming CPI report says, it remains likely that the Fed will raise interest rates by around 50 to 75 bps at its next meeting, but this data may influence the Fed’s medium-term thinking as we look to Fed meetings later this year and early this year. 2023. Consumer prices rose 8.3% y/y last month, slowing slightly from an 8.5% y/y rise in July. Economists had expected CPI of 8.1% year-on-year. This is not what investors were hoping for, with Bitcoin following the decline in the stock market, with futures on the Dow Jones Industrial Average and his S&P 500 plummeting after the data was released. The Federal Reserve has aggressively tightened financial conditions in 2022 to combat the highest inflation in decades. Bitcoin has fallen more than 50% this year amid a sale of risk-sensitive assets. Traders wanted to see signs that inflation had peaked or had calmed down. That would ease pressure on Federal Reserve officials, who have reiterated their commitment to keeping prices down, ahead of the next interest rate decision after the Sept. 20-21 meeting. I should have. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/t6nz?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/t6nz?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [How To Set The Right Crypto Investment Goal Strategy](https://blog.unocoin.com/how-to-set-the-right-crypto-investment-goal-strategy/) **Published:** September 13, 2022 **Author:** Unocoin Growth **Content:** [![How To Set The Right Crypto Investment Goal Strategy](https://blog.unocoin.com/wp-content/uploads/2022/09/How-To-Set-The-Right-Crypto-Investment-Goal-Strategy-Unocoin-01-1024x535.png "HowToSetTheRightCryptoInvestmentGoalStrategyUnocoin01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/How-To-Set-The-Right-Crypto-Investment-Goal-Strategy-Unocoin-01.png)How To Set The Right Crypto Investment Goal Strategy**1. COST AVERAGING Cryptocurrency Investment Strategies for Beginners:** Most newbies follow this type of Investment strategy for cryptocurrency trading. A cost averaging strategy means buying cryptocurrency for a fixed amount at regular intervals like SIP investing in mutual funds. In this case, investors do not look at the current price or market conditions, they only continuously buy cryptocurrency after their designated time interval. To do this, it is easy to set up a plan to buy cryptocurrency every month. Such that you could pin a schedule where you buy a specific amount of cryptocurrency on the 5th day of every month known from cryptocurrency news. **2. BALANCED PORTFOLIO Cryptocurrency investment strategy** A balanced portfolio strategy means that you would invest the same amount of rupees for each currency you are interested in. This means if you have Rs.10000 to invest and you would like to invest in Bitcoin, Ethereum, XRP and ADA, then according to this strategy, you should buy an amount of Rs.2500 for each currency. And further investments will be divided equally between all currencies. **Is Cryptocurrency Investing Legal in India in 2022?** Even though cryptocurrency is not legal tender in India, it does not mean that cryptocurrency transactions are illegal. So, if you have invested in any form of digital currency and are reaping profits from those investments, be sure to include it in your tax return. Following this type of strategy, you cannot maximize your investments in cryptocurrencies that earn more than other currencies. But since one won’t know which type of cryptocurrency works well, it will help to gain knowledge about diversification. **3. UNBALANCED PORTFOLIO STRATEGY** This is a strategy where one can almost maximize their profit per investment provided which type of cryptocurrency performs well. With this strategy, one can invest in cryptocurrencies based on how well they think about the performance of each currency in the market. For example, if someone has Rs.10000 to invest and would like to invest in Bitcoin, Ethereum, XRP and ADA. And if he knows that Bitcoin will perform well for the rest of the time, he would invest more money in it than others. So in Rs.10000 he invests Rs.4000 for bitcoins and Rs.2000 equally in the rest. And other investments will be divided in the same above amount among all currencies. **The downside of an unbalanced portfolio strategy** The disadvantage of this strategy is bad information because this strategy depends on prediction, so if your analysis was not good, you can lose. On the other hand, if you invest less in the best-performing cryptocurrency compared to the rest, you may fail to maximize your profit. **4. PROFIT REINVESTMENT STRATEGY** If an investor is making a reasonable profit and has a great portfolio in cryptocurrencies, he can prepare to invest in other types of cryptocurrencies that are also doing well because many types of cryptocurrencies are emerging. Using this strategy, investors can take a certain amount of money from profits and invest in others to earn more and diversify their portfolios. For example, let an investor buy a 5 ‘X’ cryptocurrency for Rs.3000. And now the price is Rs.3500 each so he will get a total of Rs.2500 as profit. (5×Rs.3000)= Rs.15000 (5×Rs.3500)= Rs.17500 (Rs.17500 – 15000)= Rs.2500 Now he could take 1/2 of Rs 2500 and invest in ‘Y’ cryptocurrency. Profit reinvestment is a suitable strategy for those who want to stay within a limited amount of investments at all times. If someone is growing their portfolio based on results only, then this is a great strategy to increase the initial investment amount. **How can I buy cryptocurrency in India in 2022?** Download the app or log in to the [Unocoin](https://unocoin.sng.link/Awg8j/466i?_dl=unocoin%3A%2F%2F&_smtype=3) website, also in the Google Play Store. Fill in details to open an account and complete KYC. This allows you to set up an account and add funds in INR (Rupees). Once you have added funds to your account, you can start buying cryptocurrencies from the “Exchange” or “Instant” tab. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/466i?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/466i?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Unocoin --- ### [BITCOIN PRICE PREDICTION 2022](https://blog.unocoin.com/bitcoin-price-prediction-2022/) **Published:** September 12, 2022 **Author:** Unocoin Growth **Content:** ![](https://lh5.googleusercontent.com/eD030ou6wdx8W8pKFkGtF5HyfI7pykWWNKto6m1pqI116z9bw_oX4YTpxMn4Y5KHWR_1z_8VNs36_obUVl1N13CVxkyQFyQieUFQWVO6LJyCddyEIYDQBFtcLZo6L11w0Ya0b-XfFHwBWyNOiH9zCGI5Ni6_Pr8BvrYJNZCjiEa5-g93czsvwU2lhQ)The figure indicates the number of panelists who provided a forecast within the range. Sources are from finder.com [![BITCOIN PRICE PREDICTION 2022](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Bitcoin-prediction-2022-1024x535.png "UnocoinBitcoinprediction2022 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Bitcoin-prediction-2022.png)BITCOIN PRICE PREDICTION 2022Arcane Research analyst Vetle Lunde comes in with a year-end forecast of $20,000, slightly below the panel average of $25,473. While they recommend holding on to your BTC, they also warn that there could be more confusion about cryptocurrencies: “Rising interest rates and tightening balance sheets forced initial downward pressure in an environment of high correlation with US stocks. The Luna/UST collapse had a huge impact on various funds and lenders, causing contagion and the collapse of 3AC. Further tightening and unwinding of bad crypto debt will cause another period sober and investors should strap in for more difficulty.” John Hawkins, an associate professor at the University of Canberra, also makes a below-average prediction for BTC at $10,000 at the end of 2022. However, he sees the coin as a failed experiment and is one of a minority of the panel that says it’s time for people to sell: “BTC is clearly not a store of value due to its price volatility. It’s not a medium of exchange – hardly any stores accept it. It’s not a unit of account – the only thing valued in it is other cryptocurrencies. So it’s not money or really a currency, it’s nothing other than a speculative bubble in the process of imploding.” However, it’s not all doom and gloom. Gavin Smith, General Partner of Panxora Hedge Fund, thinks BTC will close the year at $48,000. He expects that “the second half of 2022 will be characterized by waning pressure for higher rates combined with a negative real yield. Together, these factors should be constructive for Bitcoin’s price development.” Fred Schebesta, the founder of Finder, thinks that BTC will be worth $75,000 at the end of 2022 and sees its current price as a reaction to what is happening in other markets rather than a reaction to the “value” that BTC provides : “The market is scared at the moment. However, “technology has not changed and is still going strong. Bitcoin is following the decline of other parts of the economy, but I strongly believe that it will bounce back.” ![](https://lh3.googleusercontent.com/tykDeTGXnKNZ7khRyZ0MtbhpfMyHLUNr463pacM4saqB0R87HWNGkafaz40KGgz8_tH5a6MtBiOfaEWUqsTjSQp30vvF5t82L-Cvy61DCBd8btcW_UAXqK0PzvetBgd1JqBP6-DnAuHzHzVDvC2M38xRcGG4b5x3oaTPN-oE0dRLbXpoXmGYOKylZQ)A popular reason for those who say it’s time to buy BTC is its usefulness as a store of value, similar to gold. Desmond Marshall, MD at Rouge International and Rouge Ventures, thinks now is the time to buy, saying that in the cryptocurrency world, “BTC is the only one that could be compared to a safe haven asset (like gold)”. Niraali Patel, Investor Relations and Communications Manager for CryptAM, also says it’s time to buy BTC. He likens the digital asset to gold: “We need to think about the long-term implications of Bitcoin and Proof-of-Work cryptocurrencies. Once mined, it will be the next major store of value like gold once was. The halving is due in 2024, and that will, by definition, increase the USD price of Bitcoin by quite a lot. For this reason, I believe it’s time to buy. Once the halving happens, BTC will be worth at least $100,000.” Ramani Ramachandran, CEO and co-founder of Router Protocol, is in the camp, but also cites the halving as an upcoming opportunity for investors: “If we’ve learned anything in the past, it’s that Bitcoin will have its next run after this halving, which is to take place in 2024.” Lee Smales, an associate professor of finance at the University of Western Australia, is one of a handful of panelists who say it’s time to abandon BTC because it’s not the inflation shield it once was thought to be. “Investors will continue to shift away from risk assets, with the riskiest assets suffering the most fundamental declines,” says Smales. “The past few months have shown that cryptocurrency acting as a hedge against inflation is a fallacy.” Carol Alexander, professor of finance at the University of Sussex, goes a step further when she says that “Bitcoin is purely speculative \[and\] has no utility value for Web 3 development”. Bottom Line If you are considering buying Bitcoin (BTC), the most important points to keep in mind are to do your research and understand all the risks involved. Although this digital currency has brought significant returns to its early adopters, it is no guarantee of future growth. If cryptocurrencies can continue their push into the mainstream and gain widespread acceptance not only among consumers but also by governments around the world, this could mean good things for Bitcoin. And if the scalability issues facing the Bitcoin blockchain can be successfully overcome, there seems to be potential for future growth. However, do not forget that the cryptocurrency sphere is still crowded and Bitcoin will certainly face a lot of threats to its title of the world’s number one cryptocurrency from a number of well-known and professionally supported competitors. Watch this space to see how it all develops. NOTE: SOURCES OF THE DATA ARE TAKEN FROM FINDER.COM Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/jt38?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/jt38?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Bitcoin Price Prediction, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Unocoin --- ### [Ethereum Merge Update](https://blog.unocoin.com/ethereum-merge-update/) **Published:** September 8, 2022 **Author:** Unocoin Growth **Content:** Ethereum is expected to move to Proof-of-Stake (PoS) on or around September 15, 2022, making it more secure, less energy intensive, and better for implementing new scaling solutions. Rest assured that your assets will be safe during this period and there is no need to upgrade on your end. The following section outlines what you can expect from Unocoin ahead of The Merge. [![Ethereum Merge Update](https://blog.unocoin.com/wp-content/uploads/2022/09/ETH-merge_Instagram-1024x1024.png "ETHmergeInstagram | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/ETH-merge_Instagram.png)Ethereum Merge UpdateThis is designed to take care of the energy-intensive mining process while securing the network with the ETH stake. This move is expected to make the Ethereum network more secure, sustainable and scalable. To gain more clarity and understanding, let’s dive a little deeper into the technical side. **The Beacon Chain: Processing Engine Ethereum 2.0** The Beacon Chain is the cornerstone of the Ethereum 2.0 architecture. It exists as a separate blockchain to the Ethereum network and runs in parallel. It does not process any transactions on the mainnet, but achieves consensus on its own. This is done by agreeing to the active validators and their account balances. The Beacon Chain is secured by a proof-of-stake consensus algorithm, unlike the Ethereum mainnet, which still runs on proof-of-work. It was created on December 1, 2020. Simply put, the Beacon Chain has until now functioned as the de-facto testnet for Ethereum 2.0, but everything will change with Merge. ![](https://lh6.googleusercontent.com/kYvxrJWA38rgDCYsU-BawwWKRffJzVd1OnZiP2-jXkGcSYSdVza_cbUIt01CsTcn8v-EElB0PC1BfPLXccNdUR0ulTH6RX3K48e7hUqqyM7grILalOOTkamOCFFBJzNsFTiHnpJi9TX5hjPhYCL5T_7BkOohsrKM_OA11v6iRaX-ArBKQVrJxy4PBg)As seen in the diagram above, The Merge represents the moment when two systems (the current Ethereum mainnet running on PoW and the Beacon Chain running on PoS) come together. This will replace the PoW consensus algorithm with proof-of-stake – permanently. This has some significant implications for the network, but critical considerations include: - No history is lost - Funds are safe - No more ETH mining **When is the merger?** It’s worth noting that Ethereum 2.0 has been years in the making, with the exact date of “The Merge” always looking like something to happen in the not-so-bright distant future. It all ended on July 14, 2022, when a member of the Ethereum Foundation shared a timeline with what was later described as a “soft” plan for the merger. **These are the five stages of the merge** The five stages are as follows: **Merging** This is the transition from Proof of Work to Proof of Stake discussed hereafter merging the current Ethereum mainnet with the Beacon Chain. **The Surge** This is the phase that will bring protocol sharding. It’s a scaling solution that would divide the network into separate partitions called “shards” that are designed to spread the computing load across the main network. **The Verge** This phase concerns the introduction of so-called “Merkle trees”. It includes an upgrade to Merkle proofs and is intended to optimize data storage for Ethereum nodes. **Cleansing** Similarly, this upgrade also applies to data storage for validators and will reduce the hard disk space required for validators and ease network congestion. **Splurge** This is the latest update in the pipeline and is intended to deliver a number of different updates that are made to ensure the overall smoothness of the network. **The problems before the merge and why merge is better for ETH ecosystem** The Merge is an upgrade to the Ethereum platform that merges the Ethereum Mainnet with the Beacon Chain, marking the transition from proof-of-work to proof-of-stake. If you’re not very into blockchain and cryptocurrencies, this probably doesn’t make sense, so here’s a simpler definition: The Merge is an upgrade to Ethereum that does away with traditional mining — meaning powerful computers solve mathematical puzzles to run the network and create new coins — and switches to a system where owners of the base currency, Ether or ETH, can stake (hence proof-of-stake) to power the network. In even simpler terms, the computers that used tons of electricity to power Ethereum are gone and replaced by computers that use dramatically less electricity. This has massive implications for Ethereum’s energy consumption. After the merger, Ethereum should become much greener, leaving Bitcoin as the only major blockchain that still relies on proof of work. According to the Ethereum Foundation, Ethereum’s energy consumption will decrease by 99.95% after The Merge. All talk of NFTs not being green will be obsolete. The Merge is also the first of many important upgrades that should make Ethereum more scalable and cheaper. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/hay4?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/hay4?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Ether, Ethereum, Ethereum Price, Unocoin --- ### [Bitcoin Revolution Review](https://blog.unocoin.com/bitcoin-revolution-review/) **Published:** September 7, 2022 **Author:** Unocoin Growth **Content:** Bitcoin, the original cryptocurrency, and its host of competitors are constantly making their mark on the financial scene. Blockchain technology powering cryptocurrencies is revolutionary; it enables decentralized peer-to-peer transactions without a trusted third party while addressing the risk of the same asset being spent twice. Bitcoin has created fortunes for some investors and attracted the attention of many others – despite its volatility. And its predetermined scarcity gives it the potential to challenge gold in its role as a safe-haven asset. In our view, despite the recognition, cryptocurrencies like Bitcoin face significant limitations, both as currencies and as assets. It is not clear that they will ever be adopted as traditional currencies, and their role in portfolios is still poorly defined. We believe that central banks are likely to introduce their own digital currencies in the coming years. This may be one of cryptocurrency’s most lasting legacies, whether or not the boom eventually busts. [![Bitcoin Revolution Review](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Bitcoin-revolution-1024x535.png "UnocoinBitcoinrevolution | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/09/Unocoin_Bitcoin-revolution.png)Bitcoin Revolution Review**The role of cryptocurrencies in portfolios** We look at three potential roles for cryptocurrencies in portfolios. In any case, we find (through our Bitcoin analysis) that the potential contribution of cryptocurrencies to portfolio performance has yet to be conclusively demonstrated. Cryptocurrencies appear to be: **Unreliable as diversifiers and safe-haven assets:** Bitcoin’s correlation with stocks and bonds has been unstable, and its volatility has been much greater than that of gold. **Limited as an inflation hedge:** Bitcoin has not shown a strong correlation with inflation expectations. **Inadequate way to gain exposure to the tech sector:** Bitcoin is more volatile than tech stocks and cannot provide ownership and control of shares. Its correlation with tech stocks may be spurious — it simply reflects investors’ interest in finding the “next big thing.” Perhaps the best way to think about cryptocurrency in a portfolio is as a call option on its underlying blockchain technology. Like options, these assets can be volatile, speculative and offer investors limited ability to shape their future performance. Our analysis asks what the expected return would have to be for various allocations of Bitcoin to the 60/40 portfolio to maintain the portfolio’s volatility-adjusted return. Answer: extremely high – any allocation should be done with caution. **Central Bank Digital Currencies** Cryptocurrencies are putting pressure on central banks to issue digital currencies, and many are actively pursuing this option (China has already launched its own). But – while some central bank digital currencies may contain elements of blockchain technology, the resulting environment is likely to be something less than the idealized decentralized, authority-free financial systems originally envisioned at the start of the blockchain revolution. **El Salvador had a bitcoin revolution** “Nobody really talks about bitcoin here anymore. It’s been kind of forgotten,” said Carlos Acevedo, former head of El Salvador’s central bank. “I don’t know if you’d call it a failure, but it certainly wasn’t a success. Salvadoran President Nayib Bukele took to the stage last year with fireworks and AC/DC’s “You Shook Me All Night Long” to announce to a cheering crowd of crypto enthusiasts at a beach conference that Bitcoin would revolutionize his country. It was November, the digital token had just reached new all-time highs, and El Salvador was at the very beginning of its experiment as the first country in the world to use cryptocurrency as legal tender. Now, after a year of travel, there are far fewer fireworks. Adoption has moved slowly, and steep declines in bitcoin’s price from those lofty levels last fall dampened the early euphoria that swept across the nation. Bitcoin hasn’t replaced Salvador’s hard currency, the US dollar — far from it — but it also hasn’t brought about the financial crash that some have warned it would. Or not yet. **Conclusion**: Bitcoin is **undoubtedly** a **Revolution** Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/77in?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/77in?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [Auto Sell Feature on Unocoin](https://blog.unocoin.com/auto-sell-feature-on-unocoin/) **Published:** December 9, 2015 **Author:** Unocoin News **Content:** ![autosell](https://blog.unocoin.com/wp-content/uploads/2015/12/autosell.png "autosell | Unocoin Blog") **Categories:** Development, News, Service --- ### [HOW TO AVOID CRYPTOCURRENCY SCAMS: ](https://blog.unocoin.com/how-to-avoid-cryptocurrency-scams-/) **Published:** August 24, 2022 **Author:** Unocoin Growth **Content:** The volatility of cryptocurrencies in recent years has led to an influx of investors looking to take advantage of emerging assets. And cryptocurrency-based assets and systems like non-fungible tokens (NFTs) and decentralized finance (DeFi) can add to the allure of potential new ways to make money. But as cryptocurrencies become more mainstream, the Federal Trade Commission (FTC) has also seen losses from fraudulent cryptocurrency investments skyrocket. Between October 1, 2020 and March 31, 2021, the FTC received 6,792 reports of cryptocurrency investment scams with over $80 million in reported losses. This potential for fraud may prompt you to exercise caution when investing in cryptocurrencies and managing your crypto portfolio. Here are a number of the common cryptocurrency scams to watch out for: [![HOW TO AVOID CRYPTOCURRENCY SCAMS ](https://blog.unocoin.com/wp-content/uploads/2022/08/avoid-crypocurrency-scams-with-Unocoin-01-1024x535.png "avoidcrypocurrencyscamswithUnocoin01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/08/avoid-crypocurrency-scams-with-Unocoin-01.png)HOW TO AVOID CRYPTOCURRENCY SCAMS **1. Phishing scams** Phishing may be a classic scheme in which a fraudster tries to obtain your personal information, like your name, address, Social Security number and passwords. Or, if you are a cryptocurrency investor, the scammer’s efforts could also be aimed at obtaining seed words or a private key from one of your cryptocurrency wallets. Phishing scams can take many forms and may come from a seemingly innocuous phone call, text message or email. Cryptocurrency phishing scams also are common on forums, messaging apps, and social media sites. The fraudster often impersonates somebody else, like an authority figure or a company representative. They’re going to then try to get you to share your information. For example, if you post that you simply need help with a cryptocurrency platform, a scammer may reach you pretending to be part of the customer service team. They’ll ask you to fill out a form or share access to your computer so they can help you. However, once they get the prospect, they’ll take your information and potentially transfer your digital assets to an account they control before you even know what’s happening. **2. GiveAway Scams** Prominent celebrities and entrepreneurs often and rightfully discuss cryptocurrencies online. Disclosure scams repose on this established trend of extorting victims. A scammer may claim to be making a gift of cryptocurrency tokens. To qualify for “giving” you’ve got to send them money and they will then send you even more. In fact, they only take your money and disappear. **3. Ice Phishing** Similar to real-world ice fishing, where a hole is made in a frozen lake to catch fish, ice phishing may be a new Web3 clickjacking scheme that tricks users into assigning or delegating the approval of a user token to a cybercriminal. Consistent with Microsoft, the interface of the smart contract is such that it does not let the victim know that the transaction has been tampered with. All the attacker has got to do is modify the spender’s address to the attacker’s and then wait for the victim to authorize the transaction and approve the attacker’s account. (In crypto parlance, a “spender” is allowed to spend on behalf of the owner.) In this particular case, the attacker managed to switch the user interface of the smart contract by injecting a malicious script into the front end of the smart contract. An identical attack occurred at the end of last year on the BadgerDAO exchange when attackers used ice phishing to steal $120 million worth of cryptocurrency. **4. Fraudulent emails, websites and social media accounts** Phishing emails and faux URLs are probably one of the oldest tricks in the book. Likewise, Web3 is filled with copycat websites, social media accounts, and scam emails. From get-rich-quick schemes to pump-and-dump schemes, fake promotions to promising new cryptocurrencies, email scams cost users many dollars every year. Last year, a number one crypto exchange lost $55 million just because a cryptocurrency developer accidentally opened a phishing email with a malicious attachment. Cryptocurrency scams on social media are growing exponentially. Fraudsters often pose as authentic sources, celebrities, friends or family, tricking users into visiting impersonated sites or making fake investments. Once the investment gains momentum, the duplicitous developers will do the famous carpet, leaving the investors worthless. **5. Extortion fraud** Some criminals will attempt to blackmail you with incriminating or embarrassing information that is either real or completely fabricated. For instance, they’ll threaten to send compromising videos or photos of you to everyone on your phone or email contact list. Or they will keep the threat vague, sharing a “secret” without naming it specifically. Cryptocurrency comes into the combination as scammers will often demand payment via Bitcoin or any other cryptocurrency. You’ll report these extortion or extortion attempts directly to the FBI. **HOW TO AVOID AND PROTECT YOURSELF FROM SUCH FRAUDS:** **Follow some key rules** Identifying cryptocurrency scams is often more difficult than other scams because the technology and terminology may be unfamiliar to many people. And fraudsters can exploit victims’ misunderstanding of cryptocurrencies to form them appear more threatening or legitimate. There can also be an additional sense of pressure to act quickly – before you “lose” the opportunity. **Here are some guidelines which will protect you:** Don’t send cryptocurrency to people that claim to work for a government agency or a large company. If possible, enable multi-factor authentication. Ignore anyone who promises to offer you free money or says that you are guaranteed to make money on your investment. If you’re unsure, you’ll search for details related to the website, app or cryptocurrency in question and “scam” or “reviews” to work out what other people have reported. **Track and protect your identity** Many scams don’t involve complex hacks or technology. Instead, they depend on social engineering – tricking the perpetrator into sharing your information or sending them money. Since cryptocurrency transfers can’t be reversed, victims might not have many options. A reason to be more careful. To help keep your finances safe from bad actors, you’ll look into identity theft protection services. Please find the list of authentic [**Unocoin**](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**:Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [Be smart! Trust Unocoin - the safest crypto exchange in India.](https://blog.unocoin.com/be-smart-trust-unocoin-the-safest-crypto-exchange-in-india/) **Published:** August 11, 2022 **Author:** Unocoin Growth **Content:** Binance, the world’s largest crypto exchange by trading volume, said on Friday it does not own the Indian platform WazirX despite announcing the acquisition two-and-a-half years ago, a move that has baffled industry players, including an Indian firm that insists on buying happened. Changpeng Zhao, Binance’s founder and chief executive, said in a series of tweets that the company had been “trying to close the deal for the past few years” but had yet to complete the transaction, citing “several issues,” which he declined to elaborate on. Binance announced the acquisition of WazirX in late 2019 in a blog post. The official blog post, which included a picture of founders Zhao and WazirX, also featured the Binance executive’s excitement about the deal. These arguments have come to light following ED’s attempt to get clarification on possible money laundering activity using WazirX exchange. Given this background, some of our customers have written tickets to us asking how is Unocoin operating etc. Hence, we at Unocoin would like to take the opportunity to give some clarifications: [![Be smart Trust Unocoin the safest crypto exchange in India](https://blog.unocoin.com/wp-content/uploads/2022/08/Be-smart-trust-unocoin--1024x535.jpeg "Besmarttrustunocoin | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/08/Be-smart-trust-unocoin--scaled.jpeg)Be smart Trust Unocoin the safest crypto exchange in India**Structure:** [Unocoin](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3) Technologies Pvt Ltd is a company registered under RoC in Bangalore, India. It is a wholly owned subsidiary of Unocoin Technologies Pte Ltd registered in Singapore. Both are tightly held companies, with full and active reporting, and without any loose ends or confusion. **Security and justice** [Unocoin](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3) implements the latest security measures for its exchange to ensure the highest level of security for its users’ information and their funds. The majority of all bitcoins stored on the exchange are securely stored in offline wallets with cold storage. This prevents the majority of the coins from being vulnerable to hacks. The exchange’s servers are secured using the latest encryption technology, and users can further secure their accounts by using Google’s two-factor authentication to access their accounts and make transactions. **Support** Customer support service is quite extensive at Unocoin. It not only offers email support through a support ticket system, but it also takes up the responsibility to answer any queries through Google play store reviews, app store reviews, twitter, facebook, linkein, reditt etc. This system is very well organized and allows users to easily identify and explain their problems. Some users may have experienced a slow response during the very high usage and popularity of Bitcoin trading and this is seasonal. We do our best to serve our customers to the fullest extent possible and as fast as possible. **Conclusion:** [Unocoin](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3) provides an excellent service to buy and sell bitcoin and other cryptos easily. The Brokerage and Exchange are clearly designed for novice traders and mass adoption due to their intuitive design and simplicity and the first helping hand would be the tutorial videos available in 16+ Indian languages before someone need to contact our customer care. Unocoin takes pride in being transparent and following all the rules and regulations as the part of law of the land. We have had hundreds of enquiries so far from various investigation departments, tax authorities, enforcement authorities both national and internationally and every queries have been answered to the fulled extent as anticipated by the authorities. Crypto industry in India is self regulating to some extent. Our KYC and money laundering norms are quite strict than other crypto companies so that we can avoid bad actors and support the crypto adoption in India for decades to come. Please find the list of authentic **[Unocoin](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3)** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At **[Unocoin](https://unocoin.sng.link/Awg8j/o4vb?_dl=unocoin%3A%2F%2F&_smtype=3)**, 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [Indian crypto market after TDS implications](https://blog.unocoin.com/indian-crypto-market-after-tds-implications/) **Published:** July 27, 2022 **Author:** Unocoin Growth **Content:** Three months after the 30% tax implication on the crypto gains, the government imposed an additional 1% TDS on all crypto exchanges in India, giving investors another major setback. After the imposition of a[ 30% tax in India on all crypto](https://www.india.gov.in/spotlight/union-budget-fy-2022-2023) asset gains, the government also announced 1% TDS on crypto assets’ transfer in India. How has this affected the crypto market? Down the line, will it facilitate or hinder the domestic crypto exchanges and the traders dealing with crypto assets? The government believes it to be a step towards enhancing clarity in the financial field by tracing transactions and preventing tax evasion. However, some traders consider it a controversial provision that could affect how they work with their crypto assets. Continue reading to know how the TDC implications will affect the Indian crypto market. [![Indian crypto market after TDS implications](https://blog.unocoin.com/wp-content/uploads/2022/07/26-July-2022-Indian-crypto-market-after-TDS-implications-01-01-1024x535.png "26July2022IndiancryptomarketafterTDSimplications0101 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/26-July-2022-Indian-crypto-market-after-TDS-implications-01-01.png)Indian crypto market after TDS implications**A Significant Move By The Indian Government** Earlier in [2022-23](https://www.india.gov.in/spotlight/union-budget-fy-2022-2023), during the budget speech, the finance minister of India, Smt. Nirmala Sitharaman announced that all the gains and income from the crypto-assets would be liable to 30% tax in India. This move came as a way to regulate the market and keep a check on the transactions to ensure that dealing in crypto always remains legitimate. The government further imposed yet another tax on crypto traders. Tax Deducted at Source (TDS) valuing 1% of the total transfer of crypto-assets. TDS is an advanced tax applied when crypto transfers happen, and this will be applied to both parties in the case of crypto-to-crypto swaps based on the fair market value. The industry is still seeking clarity from the government on the trading and swaps of crypto and other virtual digital assets. In this regard, the Co-founder and CEO of Unocoin, [Mr Sathvik Vishwanath](https://twitter.com/sathvikv), said that TDS applied to the sale of crypto assets in India will become a part of the comprehensive income tax filing and will not be identified as a separate tax. This move relieved many, hinting that crypto might not be banned in India. But the crypto assets entered the bear market territory, and the major collapse of the Terra stablecoin worsened the crash, strong-arming the government to take some immediate measures to tackle the uncertainties surrounding crypto-assets and their fate in India. **Who Has / Will Face The TDS Deductions?** If you are still unclear about who will fall into the TDS bracket and what transfers attract TDS, do not worry. In [multiple cases](https://www.financialexpress.com/digital-currency/tds-on-crypto-in-india-new-income-tax-guidelines-faqs-rules-for-cryptocurrency-transactions-explained/2569782/), different parties will be liable to pay the taxes. Some of which are mentioned below – - Transferring crypto via exchanges: In this case, the TDS will be deducted from the exchange which is making payment to the seller. - Transferring crypto through a broker on an exchange: If the broker is not the seller, but a facilitator for the exchange, the broker will be liable to pay the TDS for crypto assets in India. - Transfer of crypto through the exchange in a peer-to-peer way: In such a case, the buyer will have to pay the TDS. - Transfer of crypto for another crypto asset: In this case, both parties involved in the transaction are both buyers and sellers. Thus, both will have to pay the TDS along with the evidence of the exchange of their VDAs. The TDS for crypto assets in India does not apply to the buy-transaction but only to selling the VDAs. If the tax has been deducted, the payment gateways cannot deduct the tax again. In contrast, the payment is being made through a payment gateway. Also, this tax will be applied only when the total value of the transfer of VDA is more than INR 10,000 in a single financial year by one person and INR 50,000 for specified persons. **The Current Scenario** The new policy of TDS for crypto assets in India has launched on 01 July 2022. With its coming into effect, Bitcoin, the oldest and the most prominent cryptocurrency, is trading at the lowest it has been in the previous 18 months. It fell around [70% from the value](https://www.business-standard.com/podcast/finance/after-govt-clarity-on-tds-will-it-be-smooth-sailing-for-crypto-in-india-122062400099_1.html) it held in November 2021. The total capitalization of the crypto market today has reached USD 1,009 B. In the global scenario, the trading volumes have experienced a major hit due to one of the reasons being regulatory and taxation confusion in India. **Impact Of The TDS Implication On Crypto Assets In India** The basic and the most crucial impact of the TDS implication for crypto assets in India is that on every trade conducted by the investors, they will have to lose 1% of their transfers to the government to be claimed after filing their income tax. It will affect the day traders and the short-term investors majorly. The number of trades is too high to comply with 1% TDS on each one of them. It has and continues to lead to the discouragement of active day trading and reduced amounts of trade volumes. Key players in the crypto industry believe that this will have not short-term impacts but implications in the long run. Combined with the tax of 30% imposed on the crypto gains, this TDS for crypto assets in India will \*de-motivate\* people to invest in the crypto, leading the Indian Crypto market to fall back. The 1% TDS for crypto assets in India applied by the government could scare off the investors and traders and might result in fall liquidity for all pairs. All the three stakeholders of the crypto industry- the users, the crypto platforms, and the industry as a whole will face detrimental losses because of this tax. The capital that the users used for trading will be locked due to no liquidity, affecting the users. This kind of complication might lead for crypto investors to either halt their trading and move to some other asset class or look for global options which might complicate this more than it has to be. The TDS applied on the crypto gains in India is higher than the taxes applied on short-term and long-term capital gains, including the equity share, mutual funds, bonds, etc. The traders believe that the government is not fair regarding taxation. The demands continue to rise for the application of [0.01% or 0.05% taxation](https://economictimes.indiatimes.com/markets/cryptocurrency/what-is-1-tds-on-crypto-trade-and-how-will-it-impact-you/articleshow/91185791.cms), as this will also reduce the liability towards the government and bring transparency to the crypto exchanges without affecting the industry adversely. **Final Word** With the Indian government continuously giving significant setbacks to the crypto industry in India by crypto taxation, people are shifting their focus to trading outside the country. It is impacting the overall revenue expectations that the government aspires to claim and collect from the crypto traders in the country. To resolve this issue regarding TDS for crypto assets in India, the government should consider the opinion of the key players in the industry so that all the stakeholders can benefit from the government policies. Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/nwnb?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer:** Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/nwnb?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Tax Bill, Cryptoasset, Cryptocurrency, Unocoin --- ### [ Is Bitcoin Dead?](https://blog.unocoin.com/is-bitcoin-dead/) **Published:** July 29, 2022 **Author:** Unocoin Growth **Content:** The “Death of Bitcoin” has taken over the internet and left investors in a grave dilemma. Check out this insightful article to delve into the details and back your opinion. [![ Is Bitcoin Dead](https://blog.unocoin.com/wp-content/uploads/2022/07/29-July-2022-Is-Bitcoin-dead-Unocoin-01-1024x535.png "29July2022IsBitcoindeadUnocoin01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/29-July-2022-Is-Bitcoin-dead-Unocoin-01.png) Is Bitcoin DeadBitcoin has been one of the most popular crypto assets since it was launched, gathering the interest of millions of investors around the globe. Despite its vast popularity, bitcoin has also been alleged to have died [461 times since i](https://99bitcoins.com/bitcoin-obituaries/)ts inception, with the most ‘deaths’ occurring in 2017. 2017 was also a year in which many investors began to purchase crypto assets owing to FOMO (Fear Of Missing Out). Bitcoin has “died” [21 times](https://news.bitcoin.com/there-are-now-twice-as-many-2021-bitcoin-deaths-compared-to-2020s-btc-obituaries-list/) since the start of 2022, accompanied by a steep price decline. Even though it is a relatively new asset and that cryptographic technology is still in its early stages of development, it is safe to assume that it will be around for the foreseeable future. ## Bitcoin As A Digital Currency Bitcoin has improved and reached out to become the digital currency with the most significant global recognition. The popularity of this digital currency has spawned a vast array of other digital currencies. These competitors intend to either replace it as a payment mechanism or incorporate it as a utility or security token in other blockchains and financial technologies. Alternatively, they attempt to replace it with their payment system. ## The Eventual Decline Of Bitcoin The price of bitcoin has been slowly declining over the past few months. Since reaching an all-time high of Rs 54,99,457.17 on 10 November 2021, the price has dropped by ~69 per cent to its current Rs 16,61,132.80. There has been an increase in the search for the phrase “bitcoin is dead.” The rate of internet searches for “bitcoin dead” peaked in June 2022 after the price of one bitcoin dropped below the Rs 14,16,319.09 threshold. ## The Graph Of Bitcoin Bitcoin’s MVRV (MVRV = Market Cap / Realised Cap) score has decreased twice over the past four years. The first was in 2018, and the second was in [March 2020](https://www.cnbctv18.com/cryptocurrency/bitcoin-is-dead-will-btc-go-up-again-here-critics-tell-one-thing-metrics-say-something-else-13900242.htm). If this trend continues, the bitcoin price may undergo a momentary fall, but it should soon resume its upward path. Analysts have found several past support levels at which bitcoin may be able to stabilise, even if prices continue to decline. In [December 2020](https://www.cnbctv18.com/cryptocurrency/bitcoin-is-dead-will-btc-go-up-again-here-critics-tell-one-thing-metrics-say-something-else-13900242.htm), bitcoin achieved a support level of Rs 17,35,575, after which the crypto asset rose to Rs 32,49,250. Suppose bitcoin were to dip below Rs ~15,00,000 again, as it has in recent weeks. In that case, bitcoin’s historical performance indicates that Rs 14,16,353.07 would be further support levels for a new surge for this quarter. There are numerous grounds to believe that bitcoin’s use around the globe is not yet done. In addition, if these on-chain metrics consider bitcoin’s future performance, an upward trend should be anticipated. ## Why Is Bitcoin’s Value Consistently Declining? There have been other instances in which bitcoin’s value has climbed, giving investors hope that they may be able to recoup their losses. In reality, bitcoin’s price jumped after Vice President Joe Biden’s administration issued executive orders mandating the development of a framework to handle digital assets. Recent reports indicate that the government is also considering the tremendous opportunities that significant crypto assets like bitcoin bring. This step was applauded by those who believe they may benefit from the enhanced regulatory conditions. In addition, the system that was implemented to limit inflation had a negative impact on the price of BTC. When a policy shift occurs, high-risk assets often see a considerable decline in value. However, these impacts always seem to be temporary. Similar factors contributed to the depreciation of the value of bitcoin, causing investors to experience panic. Analysts have forecasted that BTC investors should also be prepared for the prices of all digital assets, including bitcoin, to vary similarly to traditional investments, excluding future governmental actions and market sentiment. This consists of the cost of conventional assets. It is feasible for lesser-known crypto assets to move with or without the correlation of traditional assets. However, significant crypto assets such as bitcoin and ether will quickly co-relate with conventional assets. ## Is Bitcoin Expected To Rise In The Future? Consumer interest in crypto assets has increased despite the market drop, with many surveyed intending to purchase or utilise digital assets in the future. Based on responses to a survey, the report was compiled. Ninety-one per cent of respondents planned to buy crypto assets within the next six months, according to a [study ](https://www.analyticsinsight.net/bitcoin-is-dead-in-2022-analysts-spell-the-unreasonable-demise/)of 1,000 crypto asset users and potential users. In addition, the same number of respondents reported having acquired crypto assets within the prior six months. [30%](https://www.analyticsinsight.net/bitcoin-is-dead-in-2022-analysts-spell-the-unreasonable-demise/) of respondents indicated they had no intention of selling any of their crypto-asset holdings in the following months. The exact number said they had not sold any digital currencies in the previous six months. The survey shows people’s enthusiasm for adopting digital currencies as payment has increased. Nearly [49%](https://finance.yahoo.com/news/crypto-users-plan-to-buy-more-in-next-6-months-115237324.html) of respondents said they presently use crypto assets as a payment method for online purchases, and [34%](https://finance.yahoo.com/news/crypto-users-plan-to-buy-more-in-next-6-months-115237324.html) said they had used crypto assets for in-person transactions. Seventy-seven per cent of respondents claimed to have held digital holdings for less than a year, demonstrating that most respondents were short-term investors in crypto assets. ## Will Bitcoin’s Price Continue To Rise? Regarding financial investing, there are no certainties. There is always a probability that the price of bitcoin may recover as quickly as it declines. The prospects of crypto assets are limited by some crypto asset-related concerns, such as: - coercive tactics adopted by countries such as China - Globally, there have been various calls for stricter regulation. - Environmental concerns - Problematic security and unauthorised access - Their value is established solely by market speculation. The valuation of digital currencies is affected by the idea that greater regulation threatens the decentralisation of crypto assets. ## Bitcoin’s advocates highlight its positive qualities: - Specific industries have the potential to be utterly transformed by technological innovation. - When “middlemen” such as banks are eliminated, transactions become more straightforward and less expensive. - Using non-fiat digital money would eliminate the need to worry about shifting exchange rates, thereby streamlining international trade. - Transactions are more confidential. - Because it cannot be printed or removed, it is a highly reliable method of storing value. - Bitcoin has been marketed as a potential substitute for gold, which means it can operate as a price stabiliser. - Due to its extreme volatility, there is a possibility that bitcoin will once again begin gaining momentum in the future (perhaps weeks, months, or even years down the line). However, the speculative nature of bitcoin makes accurate forecasts about its future difficult. ## The Reason Behind The Fluctuating Value Of The Bitcoin These reasons led to the recent decline in global stock prices: - The war in Ukraine - Fears over inflation - Interest rates will increase the cost of taking on debt to finance business activities. Consequently, the market for crypto assets has been affected. The continued repression of bitcoin activities in China is a factor. In addition, rumours have circulated in Jan 2022 that Russia may prohibit all crypto asset-related activity. ## Bottom Line Bitcoin has been declining due to a variety of reasons. Besides its downfall, there is still a fair possibility of bitcoin improving its value in the future. You can explore Unocoin now to know more about Bitcoin and other crypto-assets. Please find the list of authentic **Unocoin** accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [**Unocoin**](https://www.unocoin.com/in/), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Cryptoasset, Cryptocurrency, Unocoin --- ### [Top crypto to explore in a bear market](https://blog.unocoin.com/top-crypto-to-explore-in-a-bear-market/) **Published:** July 28, 2022 **Author:** Unocoin Growth **Content:** Market downfall is nothing new for an investor, but thorough research around top crypto assets, precautions, and clever tactic is the way to handle a bearish situation. [![Top crypto to explore in a bear market](https://blog.unocoin.com/wp-content/uploads/2022/07/27-July-2022_Top-crypto-exchange-to-explore-in-bear-market-Unocoin-1024x535.png "27July2022TopcryptoexchangetoexploreinbearmarketUnocoin | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/27-July-2022_Top-crypto-exchange-to-explore-in-bear-market-Unocoin.png)Top crypto to explore in a bear marketTraders and investors frequently have to choose which token to invest in when the market is bearish. Good market research skills are one of the traits of a successful trader. In addition to receiving financial guidance, traders and investors should only put in the money they can afford to lose. Since crypto assets have shown high volatility over time, one should not put their entire life savings into them. Even though the market for crypto assets has been adverse for a while, some are still profitable for select traders and investors. Since the mid of May 2022, when the market cap of all [crypto assets fell](https://www.gate.io/blog_detail/1275/Why-Many-Crypto-Assets-Are-Falling) to 1,137 billion USD from a high of 2,192 billion USD on 4 April, the price of crypto-asset has been in a bear market. Compared to this already low level, the market fell another ~58 per cent from 5 May 2022’s 1,805 billion USD to 9 July’s 756 billion USD. It has stayed roughly in the same place ever since. Indeed, the crypto assets market is currently in a bear phase. Market-wide reductions, however, mask several intricacies and outliers, with certain crypto assets enduring or outperforming most. We will summarise these in this blog while also looking at which crypto-assets do the best in a bear market. And while some of the items on this list may come as no surprise, others might. 1. **Bitcoin (BTC)** It’s a sure bet that BTC’s adoption will grow. This indicates that bitcoin will keep its value higher than most other crypto-assets. It might even experience gains as traders pull out of more highly speculative altcoins. The price of [bitcoin](https://www.financialexpress.com/digital-currency/crypto-market-news-78-top-cryptocurrency-prices-jump-bitcoin-eth-matic-xrp-shib-avax-gain-upto-13/2587073/) has been constant for the previous month and has dropped by 55% since hitting an all-time high of $69,044 in November 2021. Here are the equivalent movements for a few more significant coins, in contrast: - [Ethereum](https://gadgets360.com/finance/ethereum-price-history) has dropped 62% since its all-time high in November and by 20% during the past month. - [Cardano](https://ambcrypto.com/can-cardano-ada-see-a-140-rally-in-a-few-months/) has increased by 5% over the previous month but has decreased by 79% since September ATH. - [Solana](https://www.analyticsinsight.net/why-solana-price-dropped-by-70-from-ath/) has decreased by 84% since November ATH and 35% over the past month. - [Dogecoin](https://www.republicworld.com/technology-news/other-tech-news/why-is-dogecoin-going-down-dogecoin-dips-in-price-after-reaching-an-all-time-high.html) has dropped 89 % since its all-time high in May 2021 and 23% during the past month. The 55% decline since November isn’t fantastic, but bitcoin has stabilised in recent weeks compared to other major coins. It indicates that BTC is still the “safest” option if you wish to store your money in crypto assets. Most crucially, a new bull market won’t start without BTC first soaring, just like it did during the bull runs of 2017 and 2020–21. Thus, it is currently the most acceptable choice. **2. Ethereum and other Altcoins** Even though we’ve only recently contrasted Ethereum adversely with Bitcoin, it’s worthwhile to suggest it as a crypto asset to buy during a bear market. That’s because the economic crisis has caused it to be excessively undervalued compared to its potential. - First, Ethereum remains the most widely used asset on a [blockchain platform](https://defillama.com/), accounting for 64.65% of the entire [decentralised finance](https://www.bcbgroup.com/the-continued-growth-of-decentralised-finance/) (DeFi) market, with a total value of $69.58 billion. It has increased from 54% in April, the same as how BTC has grown in popularity, indicating that as the economy has become less certain, users have turned back to Ethereum. - Second, Ethereum’s switch to a proof-of-stake consensus mechanism is a significant development. It finished its testnet merge, clearing the path for the actual merge. As the tentative date for Ethereum Merge gets finalised, the price of Ethereum (ETH) has jumped over 50 per cent in the last seven days. As a result, Ethereum will become more scalable and energy-efficient, increasing the demand for ETH. - The same logic holds for other altcoins with solid fundamentals. It covers crypto assets like Cardano, XRP, Avalanche, Polygon, Polkadot, and others growing steadily due to the general market and macroeconomic situations. As a result, they are significantly undervalued, which positions them for a potential steep climb once the bear market ends, and the bull market resumes. **3. Binance Coin and Exchange Tokens** Regarding relativity, another token that has declined noticeably less than other significant crypto-assets is the Binance coin (BNB). It has fallen by 3% over the previous month and by 57% from an all-time high of[ $686 established](https://www.bloomberg.com/news/articles/2022-06-06/us-probes-binance-over-token-that-is-now-world-s-fifth-largest?sref=f8taTPHn#xj4y7vzkg) in May 2021. BNB price is still sustained. It continues to be used even during a down market because it is a utility token that offers Binance customers discounts on trades. In other words, there is still some fundamental need for it, and investors might place greater trust in it because of its connection to the most significant exchange. 4\. **Stablecoins** There’s no denying that most stablecoins have, on average, held their value more than non-stablecoin crypto assets. These need to highlight among the crypto assets that perform best during a bear market. Stablecoins like USD Coin (USDC), Dai (DAI), Binance USD (BUSD), Tether (USDT), and the Pax Dollar (USDP) are still 1:1 tied to the US dollar, which means that they have gained or lost 0% during the current bear market. [Stablecoins](https://www.cryptovantage.com/news/terra-stablecoin-loses-1-peg-faces-potential-collapse/) are the best of a fragile lot. However, most traders prefer investments that [increase in value](https://www.coingecko.com/en/coins/terraclassicusd) (rather than stay the same). **Analytics of top 10 current crypto asset prices** Despite the harsh crypto crash situations, crypto asset prices are increasing, and the market is sending investors bullish signals. Bitcoin, Ethereum, and many other crypto assets are experiencing significant growth. Therefore, before making a wise investment choice in crypto wallets, crypto-asset investors must keep an eye on the most recent crypto assets values. **The top 10 crypto asset prices are listed as per the** [**Analytics**](https://coinmarketcap.com/charts/) **of 08th July 2022** - Bitcoin (BTC) – 22,038.71 USD (up by 8.07 %) - Ethereum (ETH) – $1,254.41 (up by 7.17 %) - Tether (USDT) – $0.9995 (up by 0.03 %) - US Dollar Coin (USDC) – $1.00 (up by 0.00 %) - Binance Coin (BNB) $ 0.243.48 USD for (up by 3.07 %) - Binance USD (BUSD) – US$0.9993 (down by 0.07 %) - XRP (XRP) – US$0.3541 for (up by 7.39 %) - Cardano (ADA) – USD $0.4832 (up by 3.82 %) - Solana (SOL) – 38.37 USD (up by 4.18 %) - Dogecoin (DOGE) – US$0.07171 (up by 4.78 %) The total value of all crypto assets is US$972.80 billion, up 15.49 per cent in the last 24 hours on a volume of US$64.64 billion as per the [analysis](https://coinmarketcap.com/). **Diversify your investments across different crypto assets** Similar to how it’s practically impossible to anticipate when a lousy market will end, it’s hard to predict which of the 20,000+ crypto assets will recover quickly or see the most significant rise. Using Unocoin’s Crypto Basket for various crypto assets is one approach to diversifying your chances. This way, you’ll lower your overall risk. Of course, investing in a few crypto assets isn’t enough. Before purchasing any crypto assets, you should conduct thorough due diligence and check for the following: - **Peak:** No cryptocurrency is guaranteed to reach its previous all-time high, but looking at it can give you an idea of the asset’s potential. - **Performance in the past:** Check the asset’s price history using an exchange like [Unocoin](https://news.unocoin.com/) to see how well it has recovered from crashes in the past. Does it consistently outperform other top assets, or does it strongly correlate with the rest of the market? Although past performance does not predict future price activity, it does offer you a general indication of what is likely. - **Upcoming roadmap announcements:** Introducing a significant update or roadmap development can help an asset’s recovery. These can involve rebranding, the introduction of the mainnet, or a new relationship. **Crypto and global impact** Another [industry](https://www.gate.io/page/live_news) where enormous game-changing changes are potential is global remittance. In an integrated environment, consumers can easily send money overseas at a reduced cost, with faster settlement and shorter processing periods. Although the crypto-assets market is highly unpredictable, experts think a disciplined investment plan can produce good long-term returns. Because crypto-assets investments are long-term, investors do not need to worry about market timing. Diversifying your crypto holdings and making SIP investments should be your guiding principles to reduce risk. Investors should avoid leveraged trading, high-frequency trading and illiquid crypto assets while diversifying their portfolios. **Summing it up** To protect their capital from [market volatility and instability](https://www.gate.io/page/live_news), investors should have specific, time-bound investment goals and avoid letting FOMO (fear of missing out) dictate their approach. Investors in the crypto-asset market should educate themselves, conduct due diligence, and always use caution. Recognising fear and greed are potent motivators that result in losing transactions is a crucial first step before placing a trade. A clear strategy might mean the difference between generating a profit and losing money. Another seemingly simple but challenging skill to learn is taking profits. Greed will frequently hold your emotions making it hard to take profit in the hope that the asset will increase in value further. This raises your danger of losing money on the deal, especially if you don’t use stop losses. Take profits, make sure you have money aside in case of crashes, and preserve your composure as the bearish season approaches. Become part of Unocoin to get more insights into the crypto future. Love Bitcoin. Love [Unocoin](https://unocoin.sng.link/Awg8j/mmq5?_dl=unocoin%3A%2F%2F&_smtype=3). Please find the list of authentic [Unocoin](https://unocoin.sng.link/Awg8j/mmq5?_dl=unocoin%3A%2F%2F&_smtype=3) accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon-Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/mmq5?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Crypto Lending, Cryptoasset, Cryptocurrency, Unocoin --- ### [Six Awesome Uses of Crypto Assets](https://blog.unocoin.com/six-awesome-uses-of-crypto-assets/) **Published:** July 22, 2022 **Author:** Unocoin Growth **Content:** Crypto is a virtual digital asset or currency that may be exchanged without the need for a central monetary authority, such as a government or bank. Crypto assets are developed through cryptographic procedures that let users purchase products and services. This underlying technique of cryptography implies that no real currency or money is used and that all transactions occur online. Hence, one must purchase, sell or exchange them safely. It is an entirely virtual stream of money that operates on the cryptographic system; it serves as a decentralized form of commerce, with cryptography used to validate all transfers. Cryptography also emphasizes the generation of units of various crypto assets. Crypto assets have expanded tremendously in recent years due to their appeal to individuals as an alternative investment. It began in 2009 with an anonymous source using the alias Satoshi Nakamoto. Crypto assets have been encircled by hype due to their enormous potential. Notwithstanding their popularity, these digital assets are seen as a heavy investment for youngsters. On the other hand, those who have recognized its capacity know that it can alter the globe. ## Types of Crypto Almost all crypto asset types and categories are branches of Bitcoin, while others were constructed from the source up. Nevertheless, there are numerous crypto assets. Among the most well-known are: - **Bitcoin** Bitcoin, founded in 2009, was the first crypto asset and is now the most frequently utilised. Satoshi Nakamoto created the currency, likely to be a pseudonym for a person or group whose specific recognition is unknown. - **Ethereum** This is a blockchain program with crypto assets known as Ether (ETH) or Ethereum, founded in 2015. It is the second most frequently utilized digital asset next to Bitcoin. - **Litecoin** This is nearly similar to Bitcoin; however, it has jumped higher to build new inventions, such as speedier transactions and operations to enable even more payments. - **Ripple** It is a digital ledger established in 2012 and may be used to monitor more than simply financial transactions. It was designed in partnership with several banks and financial institutions. Non-Bitcoin crypto assets are called “altcoins.” [![Six Awesome Uses of Crypto Assets](https://blog.unocoin.com/wp-content/uploads/2022/07/What-more-can-you-do-than-just-buy-and-sell-crypto-Unocoin-01-1024x535.png "WhatmorecanyoudothanjustbuyandsellcryptoUnocoin01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/What-more-can-you-do-than-just-buy-and-sell-crypto-Unocoin-01.png)Six Awesome Uses of Crypto Assets## How can you use crypto assets? People are increasingly interested in crypto assets, from financial companies to individual investors. To participate, you’ll need a crypto exchange profile with which you can purchase digital currencies such as Bitcoin, Ether, and Dogecoin. To invest in crypto assets, you don’t have to be affluent. However, being cautious and realistic about the potential rewards would be best. Here are some great uses of crypto assets industries that you may not have considered. - **Governance Token** Governance tokens are used to gain voting rights in decentralized protocols. This provides token holders with a say in the direction of their project, including new features and partnerships. This might include determining which new products or features to develop, how to spend a budget, which integrations or partnerships should be pursued, and more. - **Startup investments** The development of digital token-based fundraising has enabled everyone with Internet access to be an investor in innovative early-stage software businesses while also giving much-needed seed funding to new startup ventures. Although they are becoming less common, Initial Coin Offerings (ICOs) and Initial Public Offerings (IPOs) are a type of fundraising that allows startups to raise capital by selling a freshly formed digital token to early supporters of the project in exchange for known crypto assets such as Bitcoin (BTC) or Ether (ETH). Once the freshly issued token begins to trade in the secondary market, its price works as a proxy for the startup’s success or failure. - **Take a loan or Earn Interest** Yield Farming allows you to earn interest on digital assets such as bitcoin. Trading crypto assets for profit takes time, experience, and talent. Hence many crypto-asset owners prefer to store their coins for long-term benefit. However, there are opportunities to make consistent ‘interest’ in crypto. DeFi (Decentralised Financing) and bitcoin staking are two famous examples. Users can lend or borrow crypto on a DeFi platform and earn crypto products in return for their services. Staking allows you to make interest while holding onto your favourite coins. - **Donation and charity** Who thinks crypto assets are only for making money? Crypto assets can also be used for nonprofit purposes, like giving to charities. Donations using crypto assets are speedier, more transparent, and, most crucially, less expensive than traditional currencies. This is due to its underlying technology, blockchain, which allows for the transparent flow of information. Donations made with crypto assets can save money in fees and time and minimize corruption and fund leaks in charitable organizations. Another significant advantage is that crypto-asset donations put more money in the hands of nonprofits. Furthermore, it facilitates anonymous contributions. - **Playing games** The rise of the gaming business, combined with blockchain and crypto assets games, has produced a new trend never seen before. Virtual assets-based games are becoming increasingly popular, and there are numerous reasons for this. They are responsible for resolving some of the transaction and fraud issues that game producers and users face. These games can provide benefits such as faster and decentralized payments, providing players with genuine ownership, and motivating more purchases by making items easily transferable from one game to the next. Casinos, like internet games, are no longer an exception. Several casinos have begun incorporating digital currencies into their functioning, letting participants get tokens as additional gaming rewards. - **Explore the world and beyond** With the bitcoin ecosystem’s spectacular expansion over the last decade, it is now able to tour the globe with crypto assets. So with the rise of the bitcoin ATM market, travelers can now convert their bitcoin into local money in most major cities worldwide. If you want to fly in space, Richard Branson’s commercial space travel company reported in November 2013 that it now accepts bitcoin payments for space flight bookings. As the digital assets market is highly volatile, expect ups and downs. Prices will fluctuate dramatically. [Unocoin](https://unocoin.sng.link/Awg8j/1ds8?_dl=unocoin%3A%2F%2F&_smtype=3) is the best cryptocurrency exchange in India to buy and sell Bitcoin, Ethereum and various virtual currencies. The new update takes Unocoin – The biggest cryptocurrency platform in India, to the next level. With a one-of-a-kind combination of features, Unocoin is now the best cryptocurrency exchange in India. The multiple features make it easy for beginners to use the app and enjoy trading in the crypto market. The Systematic Buying Plan, starting with as little as INR 10, helps people who don’t have time to track and manage their investments actively. The Crypto Basket enables you to diversify your crypto portfolio based on market capitalization or volume and minimize losses because of FUD(Fear, Uncertainty and Doubt). The goal of Unocoin is to make cryptocurrency easy; therefore, it has listed more than eighty-seven cryptocurrencies. This number will keep on increasing shortly. All the investors need to do is register and deposit INR, which they want to be converted into any cryptocurrency (Bitcoin or Ethereum etc.) Additionally, Unocoin has given a new dimension to how one can trade in cryptocurrency through its iOS and Android app. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Play Store link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/1ds8?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Crypto Lending, Cryptoasset, Cryptocurrency, Unocoin --- ### [A summary of Crypto Market Trends Before, During and After Union Budget 2022 is presented](https://blog.unocoin.com/a-summary-of-crypto-market-trends-before-during-and-after-union-budget-2022-is-presented/) **Published:** July 22, 2022 **Author:** Unocoin Growth **Content:** When crypto gained phenomenal popularity in India, the Union Budget 2022 introduced a 30% tax on earnings from digital currencies and a 1% Tax Deducted at Source (TDS) on digital assets’ transfers. Read on to learn more. Crypto today has become a widespread investing subject, particularly among young investors. If you are one of many people who invested in or are considering crypto as an asset class, the budget has clarified how these new-age assets will be taxed. After the winter bill of 2021, people began to worry about how specific clauses would work or whether GST would be imposed in the Union Budget 2022. [![A summary of Crypto Market Trends Before During and After Union Budget 2022 is presented](https://blog.unocoin.com/wp-content/uploads/2022/07/A-summary-of-crypto-market-trends-before-during-and-after-Union-Budget-2022-Unocoin-blog-01-1024x535.png "AsummaryofcryptomarkettrendsbeforeduringandafterUnionBudget2022Unocoinblog01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/A-summary-of-crypto-market-trends-before-during-and-after-Union-Budget-2022-Unocoin-blog-01.png)A summary of Crypto Market Trends Before During and After Union Budget 2022 is presented**Union Budget 2022** India’s Finance Minister Nirmala Sitharaman declared in the Union Budget for 2022-23 that all profits from crypto trading will be subject to a 30 per cent fixed tax rate. Union Budget 2022’s mandate of a flat 30% tax on profits from crypto and other virtual digital assets has impaired Indian retail. Since the beginning of the new financial year on 1 April 2022, the 30% crypto tax law has been in place. From 1 July 2022, the government proposed charging a 1% TDS on all crypto transfers. Sitharaman said, “Transactions in virtual crypto assets have expanded unprecedentedly.” Because of the volume and frequency of these transactions, a specific tax regime is required “. Many experts argue that increased taxes have ultimately legalised crypto in India. Binance joyously [announced](https://twitter.com/binance/status/1488442882755227648) on Twitter, “India has just made crypto legal! The Indian government has clarified the situation with a crypto asset tax law.” **Crypto market trends before Union Budget** India’s relationship with crypto is strange. However, if we see crypto market news before the Union Budget 2022 was presented, India’s crypto market grew 641 per cent from July 2020 to June 2021, [according to a Chainalysis report,](https://economictimes.indiatimes.com/tech/tech-bytes/2021-year-in-review-defining-moments-in-indias-crypto-saga-this-year/articleshow/88542672.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst) making an area covering Central and Southern Asia and Oceania the world’s fastest-growing. The crypto market has witnessed bitcoin reach new all-time highs and massive institutional purchases from traditional firms in the last year. India has taken a step toward creating a favourable regulatory framework for its crypto exchanges, and the general public’s interest in crypto has risen dramatically. People have been interested in investing in crypto for years and have tried their luck. Since the RBI lifted the crypto restriction in March 2020, seasoned investors have reaped the benefits. User registrations and daily trading volumes on Indian crypto exchanges increased, and the trend continued throughout 2021. Despite the initial lack of clarity concerning crypto regulation in India and the price volatility of crypto in recent months, India has the world’s [highest](https://www.cnbctv18.com/photos/cryptocurrency/5-cryptocurrencies-crypto-mining-bitcoin-altcoins-you-can-start-mining-at-home-13917772.htm) crypto users. Unocoin has served 2.34 M+ users and has witnessed 21.77 M + orders on its platform. In other crypto news from the last year, bitcoin, the leading crypto by market valuation in 2021, has increased by more than 50% since the beginning of the year. **Crypto market trends during Union Budget 2022** Minister of Finance Nirmala Sitharaman presented the Indian Union Budget 2022 on 1 February 2022 as her fourth budget. Looking at the movements during the Union Budget, the crypto was red at the start of 22 February. The total market capitalisation of crypto is $1.68 trillion, down 5.57 per cent from the previous year. Such movements were observed in the crypto asset in February 2022, according to [data](https://www.moneycontrol.com/crypto-exchanges) during the Union Budget 2022: - If we solely consider bitcoin, it fell by 4.7 per cent on 26 January and gained by 0.49 per cent on 28 January. 1 February witnessed an increase of 1.33 per cent, but 2 February saw a drop of 4.14 per cent. On the 4th and 7th of February, the additions were 9.45 per cent and 5.57 per cent, respectively. - According to the [CryptoLive](https://chrome.google.com/webstore/detail/cryptolive-cryptocurrency/iogdnnkbdgoibbodpipnpalocfkmfdnn?hl=hi) report on 22 February 2022, at 8.55 AM, the price of bitcoin was INR 29,63,315, which dropped 4.35 per cent. The cost of Ethereum was INR 2,05,127, a loss of 4.81 per cent. - Cardano was trading at INR 67.9739, losing 11.31 per cent, while Binance Coin was trading at INR 28,500.88 after decreasing 7.65 per cent. - XRP was at INR 55.7214, down 11.16 per cent, while Polkadot was worth INR 1,286.73, down 6.91 per cent. **Crypto market trends after Union Budget 2022** Indian retail investors’ interest in crypto appears to have been significantly impacted by the [Union Budget 2022](https://www.firstpost.com/business/union-budget-2022-union-budget-2020-india-introduces-cryptocurrency-tax-of-30-how-it-will-work-for-you-10338651.html)‘s proposal of a flat 30 per cent tax on income from crypto and other virtual digital assets. From February 2022 to May 2022, according to statistics, crypto was falling and soaking a lot of ups and downs. The situation worsened in May, with a decrease of [6.43 per cent](https://www.moneycontrol.com/crypto-exchanges) on 5 May and a decline of 12.75 per cent on 9 May. On 11 May, there was a 5.13 per cent decline, but on 17 May, the situation improved somewhat and grew by 0.88 per cent. If we look at today’s crypto news, [Polygon MATIC](https://coinmarketcap.com/currencies/polygon/) gained 6.11 per cent in the last 24 hours (12 July 2022). In comparison to the previous year, Ethereum has underperformed this year. July 2022 witnessed an even weaker drop, with Ethereum dropping to USD 1,066 from its USD 4,812 h of November 2021. Due to surprising trends, new investors have been suspicious about their crypto assets this year. However, the pro investors see this as an opportunity to try out new currencies, altcoins, other cryptos, stablecoins and meme coins. **Conclusion** After the Union Budget 2022, the crypto trends have seen much volatility. The tax has dispirited only those Indian investors who have never seen a bear run. However, people are happy that the government is now considering the crypto asset and making decisions. The seasoned investors see the dips as a new opportunity to diversify their portfolios and try unexplored and underrated digital assets. People expect that crypto will become legal in India in the coming days. [Unocoin](https://unocoin.sng.link/Awg8j/9ey9?_dl=unocoin%3A%2F%2F&_smtype=3) is India’s first entrant in the crypto space, founded in 2013. Unocoin provides a secure and simple platform to trade, store securely, and use bitcoin. Unocoin offers a fantastic blend of customer-centric support and user-friendly features on its platform. It understands the relationship between crypto trading concepts and users’ issues. Hence it acts as a perfect bridge to help the Indians understand how to use and trade in bitcoin and other digital assets. **Categories:** Blog **Tags:** bitcoin, Bitcoin News, Budget, Cryptocurrency, Unocoin --- ### [How to get a crypto loan in India? ](https://blog.unocoin.com/how-to-get-a-crypto-loan-in-india/) **Published:** July 20, 2022 **Author:** Unocoin Growth **Content:** Crypto is any digital or virtual currency that uses cryptography to secure transactions often performed on the internet. With advanced coding, cryptographic data is stored and sent between wallets and public ledgers. Encryption’s goal is to give security and safety to the transactions. Crypto payments exist mainly as digital records in online databases representing specific transactions, rather than moving and exchanging physical money in the real world. The transactions you do with crypto money are recorded in a public database. Most people are interested in trading for profit, with speculators sometimes driving up prices. A crypto loan is an easily accessible service that allows you to borrow funds with little risk and leverage to meet your needs. You get a low-interest crypto loan that is simpler to repay than regular loans. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/crypto-loan-cryptocurrency-Unocoin-01-1024x535.png "cryptoloancryptocurrencyUnocoin01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/crypto-loan-cryptocurrency-Unocoin-01.png)How to get a crypto loan in India ## What is a crypto loan? A *crypto loan* is a collateralised loan that one can get from a crypto exchange or crypto-lending platform. It is similar to a securities-based loan in that it employs digital money as collateral to secure funding. Your crypto is an asset you receive in return for another crypto from a lender, which you can repay over time. If you fail to repay your loan, the lender may sell your crypto, forcing you to forfeit it. You can receive passive income and interest (called Earn Interest) by depositing your crypto into a pool that handles your assets. There is usually a minimal danger of losing your funds, depending on the stability of the smart contract you choose. Crypto lending services are available on both centralised and decentralised platforms, but the fundamental concepts remain the same. ## How to get a crypto loan in India? A *crypto loan* is a secured loan obtained from a crypto exchange or a crypto-lending platform. Investors can borrow money in cash or crypto assets by pledging another crypto as a security. - **Select a trustworthy platform** First and foremost, you must select a trustworthy and transparent platform for borrowing crypto assets. Several platforms in India offer attractive deals and entice people to lend crypto. However, until it is trustworthy, there is not much you should do. Borrowing using any platform can be risky, so research the platform first. - **Check crypto** Once you have found a trustworthy platform, check to examine if they can borrow the crypto you wish to lend. Borrowing using any platform can be risky, so you should wait till your research is finished. - **Determine the return** After you have found your desired crypto and crypto exchange, you will need to determine the annual return on the crypto assets you want. It depends on market conditions, the return you like, your risk tolerance and sometimes the lending platform that you choose. - **Wait for investors** You will stake your crypto collateral after applying for a loan and wait for investors to fund the loan. Investors will be paid interest, and the crypto collateral will be returned to you once the borrower (in this case, you) has paid off the loan. ## Things to consider before getting a crypto loan A crypto loan gives you various options, which can be advantageous. However, before you rush into lending or borrowing, keep the following suggestions in mind: - **Examine the market situation** It would be best if you had some market understanding before taking out a loan to understand its ups and downs and prevent losses. After you take out a loan, your coins may be locked in for some time, making it impossible to respond to a crypto market downturn. - **Recognise the threats** For the loan, coins are taken from your wallet, and the balance is deducted afterwards. Hacks and scams are common project targets, and your funds may not be instantly available for withdrawal in some situations. - **Know the loan’s terms and conditions** Numerous methods for obtaining the loan are available, but you should not proceed without reading the terms and conditions first. You should seek better interest rates and only \*sign up for practical terms and circumstances. - **Fear of account termination** You will need to offer extra liquidity if the value of your collateral falls below the minimum; otherwise, your lender may be obliged to close your loan account. - **Late payment can incur additional charges.** Late payments will result in your account being closed, and you have to pay a liquidation charge. If you borrowed fees from finance loans, you would be required to pay as much as 2% of the total loan amount. ## Bottom line Crypto loans can be advantageous if you have crypto assets but need cash to fund expenditures. Crypto is rapidly expanding, offering investors and enthusiasts new ways to increase their wealth, get liquidity, and earn income. With borrowing and lending of crypto assets, users of the crypto lending platform can employ intelligent contracts or a collateral-based technique. Crypto loans have benefits, but it is always a great idea to consider the cons before deciding. [Unocoin](https://unocoin.sng.link/Awg8j/l4hs?_dl=unocoin%3A%2F%2F&_smtype=3) is the most advanced trading platform for trading crypto assets in India. We make it easy to buy, sell, store, use and accept bitcoin securely in India by offering the ability to trade various digital assets on a secure trading platform. If you wish to take a loan and pay using EMI, watch this video: https://youtu.be/DY1Pb7RuMeI If you wish to take a loan and pay as per your wish or will, watch this video: https://youtu.be/DY1Pb7RuMeI Start your crypto journey today! Love Crypto Coins. Love Unocoin. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer**: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/l4hs?_dl=unocoin%3A%2F%2F&_smtype=3), 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). **Categories:** Blog **Tags:** bitcoin, Crypto Lending, Cryptocurrency, Unocoin --- ### [What Will the Future of Meme Coins Look like?](https://blog.unocoin.com/what-will-the-future-of-meme-coins-look-like/) **Published:** July 19, 2022 **Author:** Unocoin Growth **Content:** # What are meme coins? The cryptocurrency market is still in its infancy and has a long way to go, so learning about them is never too late. Meme coins are the rising crypto assets of 2022. As the name suggests, meme currencies are inspired by memes or any media that capture funny ideas shared on the internet. Meme coins are intended to circulate like the memes they are based on. Meme currencies, unlike utility tokens, are typically not used to make purchases within a particular ecosystem. They are available for trade. The different meme coins are as follows: 1. Dogelon Mars (ELON) 2. Shiba Inu (SHIB) 3. Dogecoin (DOGE) 4. Baby DogeCoin (BabyDoge) 5. MonaCoin (MONA) 6. Shiba Predator (QOM) 7. Hoge Finance (HOGE) Knowing what will go viral before it happens is the secret to making money with meme coins. If you decide on purchasing one, you should know them and the trading platforms like [Unocoin](https://unocoin.sng.link/Awg8j/tm72?_dl=unocoin%3A%2F%2F&_smtype=3), wherefrom you can trade them. [![What Will the Future of Meme Coins Look like](https://blog.unocoin.com/wp-content/uploads/2022/07/meme-coins-01-1024x535.png "memecoins01 | Unocoin Blog")](https://blog.unocoin.com/wp-content/uploads/2022/07/meme-coins-01.png)What Will the Future of Meme Coins Look like## Origin of meme coins: A revolution Along with the greatest familiar crypto assets like Bitcoin and Bitcoin cash, meme coins became very popular in October 2021 when Elon Musk, the Dogefather, advocated the use of Dogecoin, one of the first meme coins. The Shiba Inu coin (SHIB) is the alternate-second largest meme coin on the market. Because meme coins are not built on an ICO, they support organic growth more than other common cryptocurrencies. Different influencers have shown interest in the future of the meme coins, especially Dogecoin, like Elon Musk, Discord, Reddit and WeChat. Elon Musk, in particular, was in support of Meme coin. He [continues to post tweets ](https://economictimes.indiatimes.com/tech/technology/i-will-keep-supporting-dogecoin-tweets-tesla-ceo-elon-musk/articleshow/92318076.cms)about Dogecoin to start taking them as a mode of payment, which has increased its trading value and shareholders. Dogecoin’s Market Cap is $8,779,370,412 at the time of writing this blog, whereas Shiba Inu’s Market Cap is $5,494,630,036. Meme coins do not give or sell services like many other cryptocurrencies, but they are still worth more. They are gaining popularity in the present world. The trading platforms are much more engaging and stimulating with their high vulnerability. **How to Identify a Meme Coin?** - Meme coin became popular through being promoted on social media and frequently working with/for influencers. - Typically, the “idea” or “brand” of the token is based on popular culture or a ridiculous name. - Meme tokens must be driven by virality, so the brand or face of the token must be trendy, adorable, humorous, and memorable. Meme tokens can occasionally be parodies of other meme coins. - The development team explicitly states or uses wording to the effect that their project is a meme coin. Let us talk about different meme coins available on the trading platforms. As per experts, few meme coins will have strong demand in 2022. These include: - Dogecoin (DOGE) - Dogelon Mars (ELON) - Shiba Inu (SHIB) - Baby DogeCoin (BabyDoge) - MonaCoin (MONA) - Shiba Predator (QOM) - Hoge Finance (HOGE) - Dogecoin DogeCoin is not yet at its peak but is still the most valued meme coin of 2022. It was developed by Billy Marcus and retained by Elon Musk. It is predicted to be between $0.98 and $1.18 by 2028. Overall, it has an average cost of $1.1 around the year. - **Dogs Of Elon: Meme Token for NFTs** It is a fresh meme coin design, sharing over 10,000 non-fungible tokens (NFTs that are Ethereum-based NFT avatars). They are also about to enter the world of gaming on a P2E platform (Play to earn). It is presently trading for a value of $0.04, with a 0.27% drop in the last 24 hours. - **DogeDash – Newest Meme Crypto for play to earn (P2E)** It is the newest meme coin crypto- asset P2E, analogous to the super Mario game of the 90s in which we dashed and jumped on our way to avoid obstacles and collect money. Its concept is similar, except that it allows you to collect real money. - **Shiba Inu meme coin- also known as the Dogecoin Killer** The Dogecoin Killer was developed by Ryoshi and released as a sociological experiment in late 2020. Its goal was to dethrone Dogecoin from its prominent position, hence the name. It is also looking for expansion in the Metaverse. It will soon introduce virtual real estate called [Shiba Land.](https://shibaland.org/) - **Akita Inu- Ethereum network chain** Akita can be your answer if you are looking for good meme coins other than Dogecoin. Built by the Ethereum community, Akita aims to utilise the broad chain network interoperability provided by Ethereum co-founder Vitalik Buterin and Uniswap. Overall, what is the future of meme coins? Meme coins are trendy and are here to stay. The operation of top meme coins peaked in May 2021, declined in December 2021, and increased again in April 2022, making it highly unpredictable. Its value depends on the supply and demand chain and its popularity. Like other crypto assets, meme coins are also non-regularised in India and numerous countries. Still, some countries have taken steps to regulate them in a central position. El Salvador became the first country to use bitcoin as a sanctioned currency. In the future, it will be used for more than just online payments and trading; it may even be used to replace paper currencies. When looking for a meme coin, take the following precautions: conduct your research, reach out to financial advisors before choosing any coin, and compare the value of meme coins on trading websites like [Unocoin.](https://unocoin.sng.link/Awg8j/tm72?_dl=unocoin%3A%2F%2F&_smtype=3) [Unocoin:](https://unocoin.sng.link/Awg8j/tm72?_dl=unocoin%3A%2F%2F&_smtype=3) The world’s first and most secure bitcoin & other cryptocurrency trading platform, Unocoin offers users the ability to buy, sell and accept cryptocurrency in real-time. With a variety of cryptocurrency options available on this platform, users can easily invest in their favourite coins with ease. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat) - **App store link:** - **Playstore link:** **Disclaimer:** Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://unocoin.sng.link/Awg8j/tm72?_dl=unocoin%3A%2F%2F&_smtype=3), 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). [Bitcoin News](https://blog.unocoin.com/tag/bitcoin-news/), [Unocoin](https://blog.unocoin.com/tag/unocoin/) [Bitcoin News](https://blog.unocoin.com/tag/bitcoin-news/), [Unocoin](https://blog.unocoin.com/tag/unocoin/) **Categories:** Blog **Tags:** Bitcoin News, Unocoin --- ### [Unocoin Exclusively Introduces Toncoin Officially On Its Platform](https://blog.unocoin.com/unocoin-exclusively-introduces-toncoin-officially-on-its-platform/) **Published:** July 12, 2022 **Author:** Unocoin News **Content:** **New Delhi, India, 11, July 2022;** [Unocoin,](https://unocoin.com/in/) 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 Unocoin](https://www.unocoin.com/)Starting 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. **Categories:** News, Press Release --- ### [New TDS rules around Crypto. What does it mean for you?](https://blog.unocoin.com/new-tds-rules-around-crypto-what-does-it-mean-for-you/) **Published:** June 29, 2022 **Author:** Unocoin News **Content:** Hey Unocoiner, As you are likely aware, Tax Deduction at Source or “TDS” will be applicable on the transfer of “Virtual Digital Assets”, including crypto assets, **from 1 July 2022**, as per Section 194S of the Income-tax Act. To help make your trading experience as simple and stress-free as possible, Unocoin has jotted down every pointer that you need to know about the upcoming changes. For anyone, one of the two TDS slabs applies to their crypto-asset transfer. The reader/Unocoiner can select one of the below slabs they fall into and change it in their User Settings in the app or website. a) 1% if the user has filed Income Tax Returns for the last two years; or b) 5%, if the user has not filed Income Tax Returns in at least one year of the last two years and has TDS deductions of equal to or more than **INR 50,000** in at least one year (of the last two years). For explanation purposes below, we consider that you fall under the 1% TDS bracket. # Few pointers: 1. The TDS only applies if your total/cumulative/aggregate trades for TDS cross INR 10,000 in the financial year. (Explained with an example at a later stage) 2. The TDS amount will be deducted by Unocoin from your trade value and deposited on your behalf. 3. As per TDS guidelines, Unocoin will deduct the applicable percentage on both Sell and Buy orders for Crypto-to-Crypto transactions. Within the prescribed timeline of TDS return filing, the deducted TDS amount will reflect in your Form 26AS. Readers/Unocoiners can claim this tax from the Income Tax department while filing their yearly Income Tax Return. # When is TDS applicable? **– INR-to-Crypto (Fiat to Crypto or F2C) Buy Orders** — There is no TDS which is applicable **– Crypto-to-INR (Crypto to Fiat or C2F) Sell orders** — 1% TDS applicable on the net order value **– Crypto-to-Crypto (C2C) Both Buy and Sell Orders** — 1% TDS applies to the net order value. Let us simplify this for you. **Example 1:** Your trade is less than or equal to INR 10,000 in a financial year — No TDS deduction is applicable. **Sell Trade 1 of INR 10,000 — NO TDS applicable.** Order value = INR 10,000 Unocoin’s transaction fees (0.3% of INR 10,000) = INR 30 GST on transaction fees (18% of 0.3% of INR 10,000) = INR 5.4 Total receivable = INR 10,000 — (INR 30 + INR 5.4) = INR 9,964.6 **Hence, TDS is not applicable.** When your subsequent Sell order adds to your previous Sell order(s) to make the total Sell order in a financial year more than INR 10,000: **Sell Trade 2 of INR 5,000 (in the same financial year) — TDS now applicable.** Order value = INR 5,000 Unocoin’s transaction fees (0.3% of INR 5,000) = INR 15 GST on transaction fees (18% of 0.3% of INR 5,000) = INR 2.7 Proceeds = INR 5,000 — (INR 15 + INR 2.7) = INR 4,982.3 TDS applicable (1% of (INR 9,964.6(Previous trade)+ INR 4,982.3)) = INR 149.46 Final calculation (Actual receivable amount) = INR 4,982.3 — INR 149.46 = INR 4832.84 All the subsequent trades hereafter will have regular 1% TDS till the end of the financial year. **Example 2**: When your first Sell order is more than INR 10,000 **Sell Trade 1 of INR 20,00,000 — TDS applicable.** If you place a Sell order for 1 BTC at INR 20,00,000, your order information will look something like this: Order value = INR 20,00,000 Unocoin’s Transaction fees (0.3% of INR 20,00,000) = INR 6,000 GST on Transaction fees (18% of 0.3% of INR 20,00,000) = INR 1,080 TDS applicable = 1% of net order value, that is, 1% \* (INR 20,00,000 — INR 6,000 — INR 1,080)) = INR 19,929.20 Final calculation (Actual receivable amount) = INR 20,00,000 — (6,000 + 1,080 + 19,929.80) = INR 19,72,990.80. **Crypto-to-Crypto trades:** The TDS applies for both Buy and Sell transactions between one crypto and another crypto conversations. # **What should you do now?** As a Unocoiner, 1\. Please open Unocoin’s app and click on **More**. 2\. Go to the User Settings section to find the new icon. 3\. Select the appropriate tax slab you fall into. By default, the 1% slab would be selected. # What’s More? 1. All Sell open orders on the exchange will be cancelled for lite users. 2. All forms of transactions that will be executed, including exchange orders, will attract TDS **from 1 July 2022**. 3. Users can find the information about their TDS in the invoices provided by Unocoin that gets generated within 48 hours of the trade. 4. Please note that Unocoin (Website and Application) shall be under maintenance **from 30 June at 10:00 PM IST until 30 June at 11:59 PM**. **Categories:** News, Service --- ### [Unocoin Embracing SegWit (aka “Segregated Witness”) for bitcoin](https://blog.unocoin.com/unocoin-embracing-segwit-aka-segregated-witness-for-bitcoin/) **Published:** August 1, 2017 **Author:** Sathvik Vishwanath **Content:** An 80 percent majority of mining pool operators have signaled their intent to follow the New York Agreement (NYA), ensuring the continued growth of Bitcoin as a currency investment and payment network. A hard limit of 1MB for block size will no longer threaten to curtail the utility of Bitcoin, which was beginning to show signs of technical stress due to the popularity of the currency. This software upgrade optimizes Bitcoin code, establishing a safe path for scaling through a consensus among the international community. A new, backward compatible architecture of transaction blocks called segregated witness (SegWit) will help scale base blocks and block size up to 2MB, increasing capacity for transaction volume while maintaining security for Bitcoin assets. Despite at least four out of five mining pool operators signaling intent for the SegWit2x path, there’s no guarantee that all Bitcoin business and operators will follow suit. Some within the industry, most notably Bitcoin Core, were not part of the extensive NYA discussions. This has created some uncertainty, and the potential for multiple pathways for the inevitable SegWit upgrade. #### Segregated Witness Technical Advantages The segregated witness upgrade will separate witness data — also called the Sender’s Signature data — into a block extension by limiting block weight instead of block size. This increases the bandwidth of data transmission for Bitcoin currency transactions, allowing for the expansion of economic development and activity. A larger volume of potential transactions allows businesses to expand a growing ecosystem of products and services for the community. Mining fees and confirmation time for transactions will trend towards user benefit, also growing the overall application of Bitcoin for investment and transactions. Before the NYA was established, Bitcoin was stuck in terms of volume. Technological constraints restricted the system to process only 1MB of transactions every 10 minutes or so, creating a bottleneck during times of heavy network activity. These high-volume periods cause transactions to slow, inflating the normal approval time. Stagnant network volume created an environment where miners could raise costs on transactions fees, leveraging limited supply and rising demand. Opening a larger bandwidth for transactions via SegWit increases the supply of available transactions, which should lower fees. Despite lower fees and greater storage cost for larger block sizes, miners will have the opportunity to increase profits through higher quantities of transactions and upcoming innovation enabled by the software upgrade. #### SegWit2x Enjoys Majority Support Worldwide The worldwide support for SegWit2x lessens the atmosphere of uncertainty for the future of Bitcoin, ensuring that the currency will scale as envisioned. Mining operators, investors, established businesses and startups have overwhelmingly agreed on a path that establishes an environment of economic growth and innovation. Those against the scaling of Bitcoin, and the implementation of SegWit, tend to view changes as a threat to idealistic views of the currency as a bulwark against centralized economies. Bitcoin Core software developers have been the most notable members of the anti-scaling faction. The SegWit2x software upgrade was created against this opposition, adding SegWit to the original version of the open source system. Some ex-Bitcoin Core developers and maintainers decided to work within the NYA framework, contributing key adjustments to the new version of the open source software, which has since been approved by the community. Now that the segregated witness upgrade has begun, the only question remaining is the fork in the road ahead. #### Multiple Roadmaps For Bitcoin Upgrade This historic moment for Bitcoin could play out through multiple means, depending on the actions of mining operators over the upcoming months. Most agree that two outcomes remain possible: a soft fork and a hard fork. When 80% of miners signaled their support for SegWit2x, the potential for a hard fork dramatically increased. Nonetheless, a user activated soft fork (UASF) could still occur. Part of the challenge revolves around a tight implementation schedule. A timelock of August 1st, 2017 exists for the BIP141 protocol, which supports SegWit through a user-centric code upgrade. At least 95% of miners must upgrade to prevent any possibility of a minority chain, which would operate under old software standards. The existence of a minority chain greatly increases the chances of a permanent UASF, creating a split. Those running the SegWit upgrade would become part of the majority Bitcoin chain. Both chains would operate independently, with the minority chain sharing history with the original source code. SegWit is an inevitability now that at least 80% of miners have signaled their intent to upgrade. By August 1st, most miners will have adopted BIP141, and by November 1st, the signaling for a 2MB hard fork will take place. Any operators who avoid SegWit2x will fall off the majority chain. A majority of 95% of SegWit2x miners should be enough to avoid any network split, with the rest risking loss of value by not converting. If too many mining operators choose to stick with the original software, a split will occur through a UASF. ### Unocoin Contingency Plan And Support Unfortunately, a UASF opens the road to replay attacks and the potential for other issues. Unocoin planned for contingencies through consistent support of the upcoming SegWit upgrade. Unocoin joined a consensus with 58 companies in 22 countries, all of which agreed to segregated witness and a 2MB hard fork. This represents 83% of worldwide hashing power, $5.1 billion USD in monthly transactions, and 20.5 million bitcoin wallets. During the upcoming months, software upgrades will occur according to schedule, and customers will be successfully guided throughout the process. Users should protect the value of their Bitcoin through a paper, hardware or software wallets, with a private key in your possession. Selling or converting Bitcoin represents another option, and users have access to technical support and advice through Unocoin services. Unocoin pledges to follow the majority chain which implements the SegWit upgrade and the 2MB hard fork, regardless of the existence of a UASF. Any shorter or weaker chains created over the upcoming months will not receive support. This ensures that Unocoin customers will benefit from Bitcoin scaling along with the rest of the industry, while safeguarding the value of current Bitcoin holdings. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Curious about Bitcoin?](https://blog.unocoin.com/curious-about-bitcoin/) **Published:** August 2, 2017 **Author:** Sathvik Vishwanath **Content:** The introduction of bitcoin has disrupted the traditional concept and understanding of money. With Bitcoin, we today have access to money that is not minted in a traditional ways but is mined. Furthermore, as a form of currency, bitcoin facilitates an exchange of transactions and money, without requiring any assistance or sanction of a third party, including banks, credit cards and others. As disruptive that the concept sounds, over the years it has also garnered immense mainstream attention from various frontiers, including users, investors, entrepreneurs, media and the government bodies. **Getting acquainted with the Backend Bitcoin Technology** As mentioned above, bitcoin is a decentralized digital currency which enables users to anonymously spend money and is not under the stipulation of an external authority, such as the Government or the banks. Bitcoin is only mined by users digitally and can otherwise be bought at various bitcoin exchanges. The backend technology enabling all these superlative transactions is known as the Blockchain technology. Think of blockchain as an online ledger that operates in the backend and simplifies transactions with the help of data structures. The blockchain technology is distributed and signed cryptographically. Hence, while every bitcoin transaction can be tracked or verified, it is still not restricted via a centralized authority. This ledger is maintained by computers performing several computations that eventually also result in mining or generating more bitcoins. Furthermore, unlike banking ledgers the blockchain technology is completely anonymous, hence can be used for safeguarding the identity of the users. **Bitcoin as the Plausible Investment** With the wave of digitalization sweeping across the country, we are witnessing an upsurge in the popularity and utility of bitcoins. In fact, following the demonetization drive of last year, Bitcoin emerged as one amongst the most plausible alternatives from an investment standpoint. Compared to 2013, the Google search volume for ‘bitcoin’ has increased four times. In addition, within a single year, the value of Bitcoin experienced an unprecedented increase of 300 per cent in its valuation. Hence, while the early adopters of bitcoins are today relishing handsome passive income and perhaps the coveted millionaire status, bitcoin has also caught the fancy of a lot of young and risk-taking users of today. However, before going ahead with the investment in bitcoin, it is advisable to be aware of the possible risks. **Risks in Bitcoin Investment & Future Perspective** It is often tempting to be driven away with the surging numbers and take an impulsive investment decision; especially when the investment opportunity sounds as cool and disruptive as bitcoin, offering a steadily growing valuation and popularity. However, the prevailing good sense would suggest against the same, especially when it comes to investing in bitcoins. Prior to taking a call, it is imperative that we are aware of the possible risks in the investment. Like most of the rest of the world, one of the red flags in Bitcoin investment in India seems to be uncertain legal environment around the same. Users were warned against transacting in bitcoins by the Minister of State of Finance, Arjun Ram Meghwal. The minister expressed his inhibitions around the utilization of bitcoin against anti-money laundering. Bitcoin works as a decentralized cryptography in the backdrop and enables anonymous transactions, making it an option of payment for illicit activities online. RBI had also been voicing concerns against the increasing popularity of crypto-currencies, like Bitcoin. In addition, the value of Bitcoin is rather volatile and prone to massive swings. The value of Bitcoin isn’t always going to increase. There have been reports of the plummeting value of bitcoin by 23 per cent against Dollar, consecutively in January and March. However, other alternatives of investments are also subject to such market volatilities. As a practice, investors have developed a keen eye for buying a particular stock whenever there is a dip in the value and sell the same during an upswing. Hence, in nature and practice, the bitcoin investment isn’t much different from other popular alternatives, such as mutual funds etc. It is worth noting the security risks associated as well. As the bitcoin and bitcoin transactions exist online, security of computers or servers safe guarding the bitcoin are always prone to attacks and vulnerability exploitation. As the entire eco system of bitcoin works on the open source software, any failure in the protocol could lead to bitcoin becoming completely worthless and none have the responsibility of valuing the bitcoin or buying them back at any price. Lastly, a word needs to go out to mention the growing ecosystem around bitcoin at a global level. For instance, several business conglomerates in Japan have started accepting payments in bitcoin. This includes Bic Camera, the biggest electronics retailers in Japan. Even in India, given the lack of regulatory framework around Bitcoin has led to the creation of DABFI — **Digital Assets and Blockchain Foundation of India.** The foundation is coming up with a self-regulatory system that would be implemented across bitcoin exchanges in India and is set to bring about uniformity in the utilization of bitcoin. As the ecosystem further comes of age, several risks and challenges in Bitcoin investment would be weeded out, hence making bitcoin one of the most plausible investment options for present day users. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Our revised stance and you can now have your BCH (Bitcoin Cash)](https://blog.unocoin.com/our-revised-stance-and-you-can-now-have-your-bch-bitcoin-cash-2/) **Published:** August 13, 2017 **Author:** Sathvik Vishwanath **Content:** Dear Users, As you already know, the Bitcoin’s blockchain network went through a fork on August 1, 2017, and a new digital asset, Bitcoin Cash, was created. Users who had Bitcoin on Unocoin wallet as on Aug 1, 2017, now have an additional equivalent amount in Bitcoin Cash as well. In our last update prior to the fork, we had announced to our users that Unocoin will not be supporting Bitcoin Cash on its platform as there are technical hurdles in supporting multi currencies in a single currency trading platform and had requested our users to move their Bitcoin from Unocoin wallet and store it in a wallet where they control the private keys. This was done, keeping in mind, the security of our customer funds. What we want our users to know is that, as a company, we would always want our users to benefit the most out of such situations but there are certain aspects in terms of stability, technicality and security that needs to be looked into before adding support to a new digital asset like Bitcoin Cash. However, a lot of our users continued to hold their Bitcoin in our wallet and hence their Bitcoin Cash is now with Unocoin. Taking into consideration the recent developments around the fork and the interest shown by users towards Bitcoin Cash, users can now claim their Bitcoin Cash within August 28, 2017, by providing their BCH address to which they want to claim all of their BCH on Unocoin Dashboard page as soon as you log in from the browser. This option does not exist on the mobile app. The BCH withdrawals are processed manually and the first withdrawal processing is scheduled for the week of August 21st and the second one in the week of August 28th. As this involves manual work for every transaction to be processed, we will only be doing this twice as per the above schedule and hence you are requested to submit your BCH address with-in August 28th. NOTE: We might consider adding support to BCH in the future but we don’t intend to do so as of today for the reasons mentioned above. Regards, Sathvik Vishwanath Co-Founder and CEO, Unocoin ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Security: an Update..](https://blog.unocoin.com/security-an-update/) **Published:** August 14, 2017 **Author:** Sathvik Vishwanath **Content:** **Dear Customers,** This is to address all your concerns around security and safety of your bitcoins and account information in lieu of the recent events that have happened with Unocoin. We completely understand the magnitude of the recent events and echo your sentiments on security. Through this I want to convey few facts to you and put things into perspective. **So far..** Yes, it is true that we have been constantly under consistent, coordinated and intense attacks by hackers across the globe since last 2 months. Any online system is prone to cyber attacks. DDoS, Vulnerability exploit and Identity theft are the popular ones and we shall write a blog post explaining these. Most of the times, it will not be the question of **IF** but it will be the question of **WHEN**. And when it comes to a bitcoin business like ours, the attack vectors are hundred fold as bitcoin is real money by itself. At Unocoin, it probably started in the third week of June just after we did the server infrastructure migration on 15th of June 2017 . Though the attacks aren’t new for us, the last 2 months had been different. The last couple months had been especially hard since the number of attacks and the intensity of attacks has increased exponentially as compared to before. We had successfully held the fort for the last 3.5 years without any breaches. Many times hackers have come close to breaching the hull but returned empty handed because of various security measures and cold storage practices we have in place. One such attack was in last week of June 2017 where we noticed something serious on our servers and immediately shut down the operations for almost a week in the interest of customers’ funds and their safety. Another attack was in August where there were some unauthorized transactions from few of the customers’ wallets. The magnitude of the damage was very minimal as our security protocols stopped the BTC withdrawals immediately after noticing a pattern. We stopped our operations for a day and Cancelled/refunded the BTC for all the unauthorized transactions created — since for us customers’ funds and their trust on us is of paramount importance and we shall never take it for granted at any cost. Looks like the perpetrators / hackers have been working round the clock to look for vulnerabilities on our platform and try to breach the system for stealing customer funds. Now, they have now tricked our third party email support provider’s services and have resorted to sending email to our mailing list that reaches to many of our customers claiming that Unocoin has gone live with a ICO for expansions. We are working with the provider to figure out how it happened. We see this as a desperate attempt from them to steal customer funds. **Going forward..** We have been planning an overall system upgrade including IT infrastructure and system architecture along with having best in class user experience and have been hiring resources since last 3 months to implement the same. However the bitcoin adoption and its traction amongst our customers and the interest among our potential customers has been so high that that we have not been able to catch up with the trend as fast as we want to. But rest assured, we have one of the best security experts on board, we are consulted by one of the best security auditors and also have listed our platform on hackerone ([www.hackerone.com](http://www.hackerone.com)) — one of the best bug bounty platforms in the world to scan, analyze and fix the vulnerabilities we may have on our platform. Security is a continuous process and we continue to deploy best practices and constantly monitor for any irregularities. Unocoin has been very cautious of the growing demand for the cryptocurrency and is working on building a best in class architecture to support scalability and security of the platform. The delay in the new architecture is curated with strength and precision to handle larger volumes and security breach attempts. By this I want to convey and reassure all of you that your funds are safe in our hands and we expect the same level of support and trust going forward from our customers. Thanks! **Sathvik Vishwanath** CEO, Co-founder of Unocoin ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [The currency of the future: Why you should give investing in Bitcoin a serious thought](https://blog.unocoin.com/the-currency-of-the-future-why-you-should-give-investing-in-bitcoin-a-serious-thought/) **Published:** August 17, 2017 **Author:** Sathvik Vishwanath **Content:** Since the concept of investing money to generate dividends first came about, investors across the globe have put their money in traditional investment instruments like gold, equity, art, automobiles, fixed/bank/post office deposits, business prospects, and real estate etc. In recent times, several comparatively non-traditional avenues like start-ups and P2P lending have also been high on the priority list for investors, who are looking to diversify their investments across various segments and generate robust yields. But perhaps no other investment opportunity has attracted as heavy an interest as the nascent cryptocurrency of Bitcoin. One of the most popular and widely narrated stories about Bitcoin on the Internet is that of Campbell Simpson. An Australian who had bought around 1,400 Bitcoins for a total of $25 in 2010 and saved the data file containing the long cryptographic hash string on an external hard drive. Two years later, when moving houses, he threw away the hard drive while cleaning away the stuff that he didn’t need — all because he found the click that the drive made when used annoying. Today, those Bitcoins would have been worth anywhere upwards of $4.8 million. Talk about throwing away a fortune. **Bitcoin: A lucrative investment opportunity** This aforementioned example is just one of many such anecdotes pertaining to Bitcoin that underline just how much potential the cryptocurrency has. But let’s not be swayed by personal accounts of individuals in far-off lands or the latest gossip from the Internet. Think of numbers — the only factor that you consider while making an investment decision. And Bitcoin has a lot of numbers supporting its case. Consider this: there are just over 16 million Bitcoins in circulation at present, with the entire Bitcoin economy estimated to be worth somewhere in the region of $45 billion. It is the leading cryptocurrency in the world at present and accounts for almost half the market share for cryptocurrencies. It is, as of July 25, trading in the region of $2,500 per coin. If you’d bought $100 worth of Bitcoins around seven years ago, your investment would have potentially been worth upwards of $80 million. Even compared to last year, the valuation growth registered by Bitcoin has been more than 120 percent. No other investment instrument has generated dividends in the same ratio over the same time period. These factors, however, are little more than garnish for the real reason why you should be looking to invest in Bitcoin: its exclusivity. The self-regulating blockchain algorithm employed ensures that there can be no more than 21 million Bitcoins in circulation at any given instant. What this means is that digital cryptocurrencies like Bitcoin cannot be diluted like paper-based currencies. Once all the Bitcoins are mined and released in the system, the immutable laws of supply and demand will ensure that the increase in their valuation remains on a largely upward trajectory. **Favourable regulation and mass acceptance to drive valuation growth** Globally, Bitcoin valuation is also expected to be boosted by favourable policies and regulations, which will promote even greater adoption of the cryptocurrency. Leading global organisations like Amazon, Expedia, Tesla Motors, Subway, and Victoria’s Secret are already accepting Bitcoins as a payment method; transactions in Bitcoins already exceed transactions made through PayPal. Users, too, increasingly prefer the medium for its convenient and seamless usage, which doesn’t require them to pay heavy fees for cross-border transactions. The cryptocurrency is also registering heavy traction in countries like Venezuela and Zimbabwe, which have seen the value of their currency completely wiped off in recent times due to poor financial regulation and rising inflation. Japan has gone one step ahead, recently passing a legislation that allows the country’s traders to accept Bitcoin as a legal currency. Of course, like any other investment avenue, there are some risks associated with Bitcoin investment as well. The Bitcoin market is prone to volatility, with massive fluctuations in its valuation due some uncertainty regarding its regulatory and legal status. The outlook, however, has largely been positive. Several business entities in India have recently come together to form Digital Assets and Blockchain Foundation India (DABFI), advocating and popularising the use of cryptocurrency-based digital payments tools in the country. Indian consumers and investors have been demonstrating increased interest in this innovative technology off late. With the global Bitcoin ecosystem achieving consolidation and maturity, the time is ripe for investors to cash in on this tremendous investment opportunity. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Why Blockchain is the most disruptive career option?](https://blog.unocoin.com/why-blockchain-is-the-most-disruptive-career-option/) **Published:** June 6, 2018 **Author:** Sathvik Vishwanath **Content:** Evolution lays strong testament to the fact that with different times, different skills become more employable. While at one point, manual labour and farmers comprised the majority of the workforce, soon the same was replaced by heavy machinery, during the time of industrial revolution. The advent of computers further disrupted the employment sector, making another set of skills, a prerequisite. In this age of digitization, blockchain technology is posing itself as one amongst the most disruptive career option. For a particular skill-set to emerge as a plausible career option, it needs to be high in demand. Besides, the demand should not be localized but spread across the globe. To the same end, interest in blockchain tech has been consistently increasing, following the rise of bitcoin, along with other blockchain-based ICOs. A global phenomenon, blockchain tech is catching fire in India, given the sprouting up of several blockchain-based exchanges. In addition to the private exchanges, the government sector is also opening up to deploying blockchain tech, hence creating further demand for the talent in this field. Following the Union Budget 2018 announcement, where Finance Minister announced looking into blockchain tech for digitizing and securing records, several government bodies have also been in the pursuit of blockchain talent. Thus, right from the private sector to government enterprises, there is now a huge demand for talent in blockchain technology. **The Demand for Blockchain Talent** For the sake of simplicity, blockchain can be understood as a decentralized public ledger that records different transactions. While the ledger is available to all and sundry, nobody, in particular, owns this ledger, hence making it immune from external hacks or tampering. Owing to this very feature of digitized recording and security, the applications of blockchain tech are spread across various sectors and industries. Some of these sectors include: · **The Banking sector** — The blockchain framework has already proven its mettle in digital settlements with low transaction fees. The banking sector stands poised as one of the foremost sectors to benefit from adopting the blockchain tech. A blockchain-based infrastructure can compute cross-border payments within seconds, in addition to digitizing and securing every transaction. · **Supply Chain & Logistics** — Adopting blockchain tech will minimize or completely nullify the extent of human errors in supply and logistics verticals. Stocks can be updated in real-time with the blockchain tech, allowing enterprises to adequately monitor the same. · **Real Estate** — Any fake property deal would become a thing of the past with the help of blockchain tech digitizing land and property records. Documentation can be digitized and made authentic with blockchain, aiding to fast-track processes. · **Healthcare** — Medical institutions are considering switching to the blockchain-tech, for the same of securing records of medical histories and making the same information available in seconds. · **Media & Entertainment** — The blockchain-tech is being touted to solve a number of issues faced by the media, news and entertainment sector. With blockchain tech, media authorities will be able to adequately manage, authentication and reward creativity. A similar trend could be observed across other sectors, including crowd-funding, law, retail, insurance and more. While the demand is clearly growing faster than the number of blockchain talent available today, the same makes it an exciting career choice for aspirants. **Jobs Galore for Blockchain Talent** Students well-versed with JavaScript and Golang have the right foundation for building applications based on the blockchain tech. Furthermore, a deeper understanding of various business processes and operations will further help blockchain developers come up with robust applications, solving the real-world challenges. Here are some of the various career choices available for blockchain talent: • ***Developer*** — Blockchain development skill is one of the most sought after in the present day. Making smart contracts that transform business logic into chain code is one of the most in-vogue skills today. Being familiar with Golang and JavaScript will provide students with a strong foundation for being a developer. Aspirants should further go through the fundamentals of Ethereum and Bitcoin blockchain, try building their own decentralized apps and learn from the burgeoning community of blockchain developers. • ***Architects*** — Implementing blockchain tech would require blockchain architects, people who can foresee the platform interacting with complex IT systems and elaborately design input and output channels. Those with the understanding of blockchain tech and how enterprises work and communicate will stand a unique chance of bringing value to the company. • ***Blockchain Engineers*** — Blockchain engineers are responsible for understanding existing crypto platforms, analysing similar algorithms and contribute towards developing various crypto platforms or projects. Engineering graduates with a strong background in C, C++ or Go, along with the fundamental knowledge of blockchain and smart contracts are prime candidates for this post. • ***Consultants*** — Work with businesses to help them identify areas where blockchain tech can offer significant value addition. And then help businesses implement these changes. After being well-versed with blockchain technology, aspirants can work with leading and emerging businesses, helping them adopt this disruptive tech. • ***Educator*** — Take the lack of a training module or structured protocol in blockchain education as an opportunity and provide credible education courses for blockchain aspirants. Given the rise of the blockchain tech in times to come, the world is going to need credible blockchain educators. **Learning Blockchain Tech is Easy** Along with blockchain, several other technologies like AI, Quantum Computing, Augmented Reality and Virtual Reality, Self-driven vehicles etc have come to mainstream prominence. While each of these fields provides handsome pay-packages to the talent, it does take them excruciatingly long to be taken seriously and be paid huge sums of money. Furthermore, venturing into either of these fields would require a degree or two, causing an equally high investment in the beginning. However, blockchain aspirants need not necessarily go to a school or get a diploma in this field. The beauty of blockchain development is that the skill can be picked up easily and there is an extensive range of resources available online to learn from. Blockchain aspirants can easily find courses on bitcoin or crypto-currency on Coursera. Another learning portal, Cryptoversity, offers resources on becoming a blockchain expert. With the aid of online resources and the discipline required for self-education, aspirants will be able to build a strong career in blockchain tech. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Unocoin’s tribute to the unsung heroes](https://blog.unocoin.com/unocoins-tribute-to-the-unsung-heroes/) **Published:** March 5, 2020 **Author:** Sathvik Vishwanath **Content:** ![](https://cdn-images-1.medium.com/max/800/1*lgLr2VaKDsWk7fBw2LhxyQ.jpeg)Today, the **March 4th 2020** made sure to have its page not only in the history of Indian crypto industry but that of the entire world. Unocoin — the first Indian company to provide a trading platform for bitcoin started in December 2013 with the sole intention to provide bitcoin access to Indians. During this time Indians could only admire the growing industry, technology and investment opportunity associated with bitcoin in developed countries but could not put their hands on it. So it started with the mission **Bring Bitcoin to Billions**. It had a historic momentum in its traction till April 2018. The notice from RBI on 06th April 2018 restricted banks and financial institutions from providing accounts or other banking services to individuals or entities dealing with crypto assets like bitcoin. RBI never declared crypto assets illegal or restricted its trading activities. It just did want to ring-fence its regulated members like banks. While this eventually got challenged at Supreme Court through the crypto industry supporting association named **IAMAI,** this left with the option of doing trading using physical cash but the exchange of physical cash is also a regulated activity in India leave alone the issues of bulk cash movements. This pretty much restricted the booming industry of crypto assets as one could not send or receive INR to the exchanges providing this service. Multiple circumvention techniques have been used by various exchanges but this did not help in bringing back the crypto industry glory. The industry just had to witness the progress in other developed countries without being able to innovate similarly due to RBI restrictions to banks. **P2P (Peer-to-peer) model** used to transfer money can have one of the exchange’s customers to swap INR balance at the exchange to actual INR being received to their bank account from another customer. This as well violated the RBI notice to the bank but the victim banks used to process the transaction without knowing that it is happening for crypto assets trading. The other issues involved difficulty in explaining the reason for money going in/out of their bank account (as now one cannot say it is happening for crypto trading), to whom the payment is happening and recipient genuineness, mess with hacked bank accounts and reversals, attempting to use multiple bank accounts and wallet services to avoid falling into the purview of the banks, dependency on the recipient confirming the incoming INR to their bank account etc. Based on these challenges and not wanting the banks to violate their restriction, Unocoin and its lawyers cautiously chose not to get involved with P2P. By October 2018, the option that Unocoin wanted to move ahead is installing Kiosk machines across the metropolitan cities and continue expanding to tier-2 cities that will enable the cash collection and cash deposition for their customers. While this was called as an ATM to keep the terminology simple, calling so attracted the attention of the media in the wrong direction that tried drawing the parallels with **Bank ATM.** As per the RBI restrictions, the bank ATMs can only be installed after obtaining permission from RBI because these bank ATMs are to be treated as a mini branch office of those banks itself. The beautifully crafted and well-secured machines (same machines used by banks) were modified to contact Unocoin servers to enable its customer’s deposit and withdrawals INR subject to **cash handling limits in India**. While these kiosks were in field testing stage, the branding oversight by calling it ATM and unmanageable media attention triggered the Cyber Crime police to take the two founders of Unocoin to custody for enquiring about how the ATM was getting installed without permission from RBI. This created enough confusion in the industry and along with the non-conclusion of a legal battle about non-requirement of permission from RBI, Unocoin could never take these machines live. As per the Unocoin founders and their lawyers, these Kiosks were a fully legitimate way to enable INR transactions for their customers than attempting the P2P. So this Kiosk confusion left Unocoin to only get back to its full-scale business after the RBI restriction was lifted by the Supreme Court. The minuscule revenue being generated through the crypto to crypto transactions was insignificant to work on scaling up and to grow it as the sole business. While the rest of the crypto industry and every crypto media has been providing moral support to the uphold the crypto fire, the real front line heroes had to be fighting at the Supreme Court against the very strong opponent RBI and **solely based on what happens at the court, the verdict would get passed**. The media, social media like twitter, on-ground events and whatever sounds crypto influencers and industry were doing did not have any effect on the present verdict, but these definitely mattered to make the crypto community stronger and bigger which will eventually pay off someday to all the stake-holders of the industry. Most of us have not seen or do not know how the Supreme Court functions. You would be surprised to know that as a general public, you need to be carrying paperwork from your lawyers to get a pass that will enable you to go into a court hall to hear the arguments. While the crypto industry and IAMAI have helped numerous times with data and numbers to support the industry arguments at the court, I would like to highlight **three heroes** who stayed away from their homes during **every hearing week** (more than 20 weeks in total), have worked past mid-nights, have patiently and silently waited for the entire day on many days when the crypto matter did not reach to be heard by the court due to other cases and its arguments happening there. Their recognition could get easily diluted due to the influential media and social media but it would be the industry’s duty to recognize them. Without any of the three, we would not have been where we are now. A 180-page judgement is one of the evidence to understand the efforts being put in. They have fought hard to get the RBI banking ban finally lifted today. ![](https://cdn-images-1.medium.com/max/800/1*kenFlTpTD07qXvG_7WCFSg.jpeg)Jaideep Reddy from NDABased on the efforts being put, the highest rank goes to Advocate Jaideep Reddy from Nishith Desai Associates. His unparalleled hard work is seen in piles and piles of documents produced at the court which ranges from simple common-sense arguments to written arguments of arguments happened at previous session in the court to highlighting judgements from similar past cases that could date back to many tens of years, putting together the arguments to be presented by the senior counsel and strategising every step. ![](https://cdn-images-1.medium.com/max/800/1*ORFUeib-ULp9u0Op0YeuVw.jpeg)Ashim Sood — arguing counselThe next rank goes to Advocate Ashim Sood. He is the arguing counsel who fought on his legs at the court. This is the first case about crypto in Supreme Court that is fought at length. All the new technology and terminologies bring a lot of challenges for the counsel unless he gets involved as much as other industry players or influencers do. Ashim’s efforts go much beyond standing in the court for more than 6 hours per day on every arguing day. There is at least an equal amount of efforts to be put in the preparation of the initial documents to be submitted to the court, taking inputs from Jaideep, digging deep into dozens of past cases every week and finding the supporting arguments etc. ![](https://cdn-images-1.medium.com/max/800/1*WhJflYxk99vG59CP-W-Mkw.jpeg)Harish B V — COO and Co-Founder at UnocoinThe last person I would highlight is Mr Harish B V — one of the co-founders for Unocoin. One of the strong points that made the industry win the case is about human rights. It is the right of every individual to have the bank account and do the transactions as long as the transactions are not illegal. But the RBI’s notice is against this principle. On the other hand, the petitioner being IAMAI (an association) cannot do this claim and it can only be made by an individual. So Mr Harish B V has been that individual and it has made him go to the court for every hearing. Given he is also an industry veteran with the hands-on experience in Unocoin for 7 years, he also got involved in deciphering the technology, doing research and helping Jaideep and Ashim on every argument day that also eventually became a reason for the smooth verdict. It is his first-hand info about the herculean procedures and efforts being put to fight the case is what has made me write this article. On behalf of Unocoin, I would like to pay my tribute to these unsung heroes. The trio working in tandem has made the industry future brighter in India. While the contributing and continuous industry members at IAMAI include Unocoin, WazirX and PocketBits only, the win belongs to the entire crypto community in India. Since the reason for inception up to this court verdict, Unocoin has worked with a single agenda in mind — It is enabling Indians to have access to bitcoin and crypto. We would continue to “**March Forth”** with this agenda and hope to have all the support we could get from crypto industry, community, regulators and enforcers. Sathvik Vishwanath CEO and Co-Founder at Unocoin ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [How Investors are Seeing Future Growth in the Trading of Crypto Coins](https://blog.unocoin.com/how-investors-are-seeing-future-growth-in-the-trading-of-crypto-coins/) **Published:** December 4, 2020 **Author:** Sathvik Vishwanath **Content:** ![](https://cdn-images-1.medium.com/max/800/1*4uApMAHTvd2KhRWKmowTgA.png)According to a report by Markets And Markets, the cryptocurrency market is expected to grow at a CAGR of 6.18 percent during 2019–2024, from $1.03 billion in 2019 to $1.40 billion in 2024. Additionally, bitcoin will probably hold the largest market share during the forecast period. The growth is attributed to high remittances in developing countries, transparency of distributed ledger technology, fluctuations in monetary regulations and growth in venture capital investments. Cryptocurrency is a hot currency for investors, start-ups and established companies across the globe. Ever since the Supreme Court of India quashed 2018 circular that imposed a ban on banks from providing services to individuals and entities trading cryptocurrency, it brought various opportunities for overall cryptocurrency ecosystem in India and a subsequent increase in the volume of cryptocurrency transactions. **The Rapidly Popularizing Technology** Cryptocurrency started bcoming popular since the creation of bitcoin in 2009 but gained significant investor attention in 2013 when one bitcoin was trading at around $1,124 in November, according to Statista. Ever since then, the future of cryptocurrencies in general and bitcoin, in particular, has been a debatable topic. Though it has become a global phenomenon, much is still to be explored about this evolving technology. There are many concerns revolving around the technology and its potential to disrupt traditional financial systems. Will it eventually supersede conventional currencies and become as pervasive as Euros and Dollars someday? Or they will flame out before long? **How has Pandemic Impacted Crypto Currency?** The pandemic has shaken financial markets and economy all over the world, and cryptocurrencies are no exception. It has had a huge effect on its nascent industry which was already dealing with various issues, like liquidity and regulations. In late 2017, bitcoin experienced a meteoric rise and reached record highs when a single bitcoin was trading at approximately $20,000. However, prices soon started to drop and stabilise over next few years. In early 2020, the pandemic and instability in the financial markets pushed the price of bitcoin to $3,000 range. While this did worse the situation in the initial months of its outbreak although the situation didn’t last too long and by this mid-November the bitcoin is being traded at around $16000 as many investors eventually found refuge in virtual currencies as traditional assets and share markets continue to experience upheaval because of the pandemic. According to Statista, there were around 18.5 million bitcoins in circulation worldwide and its market capitalisation was approximately $200 billion in the third quarter of 2020. Crypto enthusiasts and investors continue to have different opinions on whether it is smart to invest in bitcoin after the pandemic as it is almost like a new start. There is a lot of ambiguity surrounding bitcoin even today. **What is foreseen?** Crypto coins’ future outlook remains ambigious. While some see the limitless potential, others see nothing but risk. However, there are several prominent applications where cryptocurrency is a viable solution. This includes cross-border payments, payments without third-party, advertising insights, cryptocurrency exchange, voting mechanism, original content creation, real estate processing platform, personal identity security, secure sharing of medical data, real-time IoT operating systems, supply chain and logistics monitoring, and anti-money laundering tracking system. While crypto-evangelists rule over the financial media, Harvard University Professor of Economics and Public Policy and IMF’s chief economist from 2001–03, Kenneth Rogoff revealed in his 2018 The Guardian article that the “overwhelming sentiment” among crypto advocates is that the market capitalisation of cryptocurrencies could explode over the next five years, rising to $5–10tn. **Summing Up!** The crypto market is recovering and performing. While payment gateway companies are looking for integration with exchanges as they hope to drive volumes, exchanges are also looking for payment gateways to offer settlements via cards, net banking, wallets, and other digital payment modes. Predicting the future of cryptocurrency is neither easy nor what interests investors more. What most investors want to know about is the right time to invest in crypto. Though there are different opinions on it, it is important to note that more than 99 percent of the investments into bitcoin in its time line of existence are in green. This article was originally published at on 01 December 2020. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [A step-by-step guide on how to invest in Bitcoins](https://blog.unocoin.com/a-step-by-step-guide-on-how-to-invest-in-bitcoins/) **Published:** December 8, 2020 **Author:** Sathvik Vishwanath **Content:** The author demystifies the misconceptions around Bitcoins and explains in easy-to-digest chunks the different types of investments and how the interest in the cryptocurrency is gaining momentum post lifting of the ban by the Supreme Court. ![](https://cdn-images-1.medium.com/max/800/1*4uApMAHTvd2KhRWKmowTgA.png)With the legitimacy that the Supreme Court has provided to cryptocurrencies in India, the sector has finally received a much-needed boost. This move has catalysed a surge of investor interest — a dominating trend that startups in the Indian crypto sector are witnessing at the moment. However, cryptocurrencies are still an alien concept for many in the country and are likely to remain so until India’s regulations and categorisations are set up. Since decentralised digital currencies are not yet mainstream in India, their adoption depends on informing and educating potential users. In the meantime, those looking to secure an early piece of the share have the chance to explore this new technical investment space before entering it at their discretion. **In simple terms, Bitcoin is the first and foremost decentralised cryptocurrency which is not controlled or owned by any governmental or financial institution. It’s a digital payment system that is quite similar to normal currency but devoid of any physical form and is validated on a peer-to-peer architecture.** As this form of currency exists electronically, Bitcoins are used for instant and secure transfer of value to any part of the world. And since there is a finite number of coins available and as it is not tied to any physical asset, the scarcity causes a fluctuation of its value. Just like Wikipedia is sustained by a decentralized network of writers, Bitcoin is maintained by a decentralized network of computers, owned by people across the world. These computers verify all the transactions that occur in this payment system. At the outset, the intent behind designing Bitcoin was to supplement government-issued currencies with an international currency for the internet. This was precipitated as the US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy in 2008. The event had caused a major public disillusionment with the banking system and there emerged a need to challenge the status quo where much of the power was placed in the hands of a few entities. Since its inception, Bitcoin has become a speculative investment asset for investors and has been a highly coveted instrument which can be extensively used for transactions wherever merchants accept it. ### Scenario in India In India The Supreme Court ruling in March 2020 lifted the 2018 RBI ban on cryptocurrency. This judgment has also enabled the conservative Indian banking system to break free from its shackles and make a nascent entry into the cryptocurrency space. As a result, many multi-state cooperative credit societies supporting the Bitcoin and crypto ecosystem are emerging today, thereby providing a stimulus to the industry. These societies are not directly regulated by RBI but by the registrar of cooperative societies. The larger regulatory environment is still hostile to cryptocurrency, and continues to be the main source of uncertainty, but several players in the crypto ecosystem are determined to push for Bitcoin and for a good reason. **With blockchain patents skyrocketing globally, there is a realisation that regulatory ambiguity would mean missing out on a big trend and could be counterproductive to the nation’s growth goals if it won’t get the needed clarity to reach up to the common man.** ### Types of investments In the past decade, there have emerged multiple ways to invest in and buy Bitcoin, including the options of Bitcoin trusts and ETFs that comprise Bitcoin-related companies. #### Buying standalone Bitcoin One way to invest in Bitcoin is by purchasing either a coin or a fraction of a coin through available trading apps in the market. In the majority of cases, one needs to provide personal information to register an account first and then deposit the money that would be used to purchase bitcoin. Some platforms require users to deposit a minimum amount in order to buy Bitcoin. Just like any stock or ETF, one can get access to Bitcoin’s price performance as well as the option to sell or buy. Upon buying, the platform generally provides a wallet in which the Bitcoin can be stored for future usage or to sell at a later date. #### Direct purchase **Direct transaction with a seller is a method to buy Bitcoin in a rewarding, direct and private way. In this route, it is advisable to transact with a friend or family member instead of a stranger for safe trading.** There are also Bitcoin meetups where crypto enthusiasts connect, and members often trade with each other while in attendance. #### Through brokerage or OTC A Bitcoin broker is an intermediary or a middleman for buying and selling Bitcoin. Brokers allow you to buy Bitcoin at a set value, and usually provides a mechanism to store them. The brokers generally obtain the needed Bitcoin from Bitcoin manufacturers called miners. Bitcoin brokers are one of the only options that allow you to buy a very large amount of Bitcoins at a time without entering into the market fluctuating the price. #### Using a Bitcoin mining rig Bitcoin mining is the process of creating new Bitcoin by solving a computational problem — these are usually performed by high-powered computers. Users who have their own bitcoin mining rigs basically can run it by connecting to the Bitcoin network to keep mining and thus create Bitcoin on its own. #### Purchasing from a Bitcoin exchange Alternatively, a Bitcoin exchange can be used, which enables a trader to purchase Bitcoin at the price that they want to limit themselves to. The exchange runs the matching engine to match the bid and ask orders of the users and this is similar to stock market or commodity exchanges. Various exchange places can be found listed on the website Bitcoin.org where a person can buy via the many apps and websites that provide these services. The list is quite comprehensive and contains detailed information according to countries and continents. #### Using a Bitcoin ATM **Bitcoin ATMs tend to work like the common banking ATMs. However, they allow traders and buyers not just to withdraw money but also let them deposit money and buy Bitcoin and other cryptocurrencies in a hassle-free way.** **Buyers can use the services dedicated to show the Bitcoin ATMs and then navigate to it with an interactive map to perform transactions.** This option does not exist in India yet. #### Browsing a P2P directory The P2P or peer-to-peer directory can be used for checking Bitcoin prices and buying them in accordance with the information available on prices. Buyers and online traders just need to link their bank accounts, or deposit bitcoin to begin trading effectively. The platforms act like escrows of the Bitcoin while the fiat currency (USD, EUR, INR, etc.) would go from one user’s bank account to that of another after which the escrow would get released to the buyer. The platform will solve the disputes that arise, if any. #### Buying the tickers linked to Bitcoin **There are registered funds/companies in developed countries like the United States where shares of a fund/company can be bought on the stock market and this equity is backed by the real Bitcoin in their custody. It is not possible to withdraw Bitcoin as there is no settlement but the equity held can be stored at the later date.** GBTC ticker by GrayScale Bitcoin Trust is one such example who currently hold more than 8 Billion USD worth of Bitcoins on behalf of their equity holders. This option does not exist in India yet. ### Summing up Generally Bitcoin has the potential to supplement RBI’s significance with a sustainable and consistent low-cost domestic payment system. Industry experts lay emphasis on the ability of Bitcoin to lend support to micropayments — for instance, few rupees per page view for a website, which the existing systems and payment gateways do not permit or are not feasible. Simply put, Bitcoin is about fast and free transfer of value from anywhere to anywhere similar to how email is a fast and free method for transfer of information. There are also services where a freelancer can provide his services for the payment in Bitcoin. All in all, there are people who want to transfer value that are buying Bitcoin and also there are investors who believe the fact that the fast and free value transfers on the internet is valuable are investing into it for speculation. (Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.) This article initially got published at on 01 Dec 2020 ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Cryptocurrency: Is It A Safe And Reliable Form Of Investment?](https://blog.unocoin.com/cryptocurrency-is-it-a-safe-and-reliable-form-of-investment/) **Published:** April 30, 2021 **Author:** Sathvik Vishwanath **Content:** *Dealing with cryptocurrency doesn’t always have to be risky if the trader thoroughly understands the market* ![](https://cdn-images-1.medium.com/max/800/1*zJwPJlZTkqNwHum_92M72A.jpeg)Over the last few years, technology has brought about a paradigm shift in the way we work, communicate, shop, and pay for our purchases. With the Government of India’s Digital India’ initiative, digital transactions or payments have become more prominent than ever. For a long time now, people have been well-acquainted with popular and trustworthy payment methods like bank transfers, credit & debit cards, or even Apple Pay. The latest arrival on the scene is ‘Cryptocurrency’, a promising and one-of-a-kind addition to the entire digital transaction experience. **What is Cryptocurrency?** Cryptocurrency is an online or virtual currency that is fully secured by cryptography and allows users to purchase goods and services. It does not depend on banks for verifying any transaction, but instead maintains a public ledger of transactions as immutable blocks on the blockchain. The word ‘cryptocurrency’ has been derived from varied encryption techniques that are extensively used to secure all transactions. The aim of this method of encryption, namely cryptography, is to offer safety and security. The technology that powers it is called blockchain — a decentralized network that manages and records transactions by connecting multiple computers. Bitcoin is considered to be a trendsetter and the most traded cryptocurrency that has turned out to be the key driver of investor interest. **Why Cryptocurrency?** While Bitcoin and Ether have earned humongous popularity, other notable cryptocurrencies on the rise are Litecoin, Polkadot, Cardano, and many more. Today, many businesses have started opting for cryptocurrencies as a potential payment method. The recent upsurge in the value of bitcoin has demonstrated cryptocurrency to be a promising and viable investment option. This is because cryptocurrencies offer global access, individual ownership, quality speed, enhanced adaptability, security & autonomy, affordable cost of a transaction, protection from inflation & fraud. **Is Cryptocurrency a safe & reliable investment?** While it is important to remember that no investments are genuinely safe, cryptocurrencies in that regard as well have shown a certain amount of risks. But they have also proven to be a lucrative investment for many people today. Investments in cryptocurrencies are not as complex as stock investments, where numerous stocks are available to confuse us every day. The bottom line is that cryptocurrencies can be safe, but if not taken appropriate safety measures, they can be hacked as well. There are possible risks and uncertainties with investments and we can’t deem any virtual currency investment to be unsafe for that. Buying and selling cryptocurrency does not always have to be risky if the trader thoroughly understands the market and treats his coins with care. At present, there are numerous cryptocurrency options available to us but not all options are safe. Taking a certain amount of precaution is mandatory before investing your hard-earned money into cryptocurrency. It is exceedingly essential to conduct strong background research on the creator of the coin, whether they are at all affiliated with well-known brands, whether their screening processes are rigorous or traded on safe exchanges. There can be serious repercussions if one does not apply the best practices for coin management to prevent hackers. With the growing popularity and wide adoption of cryptocurrencies, they have come under the radar of cyber-criminals. Many notable instances have occurred over the past few years where cryptocurrency owners have lost their coins or have not able to recover them — a downside to digital or virtual currency not being backed by a central bank or Government. Therefore, a very simple solution to prevent losses due to unauthorized access is to store cryptocurrency in an offline device such as a ‘cold storage’ device. Cold storage is a proven way to hold cryptocurrency tokens offline, thereby protecting them from theft. The most basic method of cold storage is a paper wallet or an external hard drive for storing the address and the key required to access the particular currency. What is equally important is to access the cryptocurrency and other relevant information only during the time of the trading operation and for them to be disconnected after use. This can make it convenient to use and store cryptocurrencies with minimal risks, ensuring safety and reliability. **Summing Up** Cryptocurrency is indeed a revolution to the digital transaction sector and poised to join the ranks of conventional payment methods. It is accurate to state that the future belongs to cryptocurrency and it is undoubtedly here to stay. But like every new technology, it needs to be underpinned by regulatory clarity and robust systems in place for ensuring safety and security. It can be a reliable form of investment only if we are aware of the best methods to prevent our cryptocurrencies from frauds and risks. This article first appeared on OutlookIndia on 17 Feb 2021 through the link ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Is India about to miss the bus in leveraging cryptocurrency?](https://blog.unocoin.com/is-india-about-to-miss-the-bus-in-leveraging-cryptocurrency/) **Published:** May 3, 2021 **Author:** Sathvik Vishwanath **Content:** ![](https://cdn-images-1.medium.com/max/800/1*xoMqJa6LhWb7F74zuDlHvA.png)The advanced currency has opened up avenues for international transactions and democratised the currency.Despite the uncertainty over the future of cryptocurrency in India, as the nation awaits the unveiling of the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, in Parliament, the appetite for blockchain technology and cryptocurrency, in particular, among Indians appears to be fascinating. Even if the broad consensus goes in favour of banning private cryptocurrency India, perhaps it won’t prevent users from dealing in it. The reasons for the recognition to cryptos and the massive investor response to this asset class are manifold: failed government policies, disillusionment with the banking system and unfair distribution of IT returns. So why is crypto gaining popularity in India in recent years? One of the key factors is traditional Indian reverence for gold to save, and with increasing tech-savviness, crypto is emerging as a kind of digital gold. The advanced currency has opened up avenues for international transactions and democratised the currency. **Crypto is Probably the Best Solution for Many Things Going Wrong in the Nation** Even the world’s richest man, Elon Musk, has added #bitcoin to his Twitter bio and tweeted — “In retrospect, it was inevitable.” There is huge potential that India can gain when bitcoin and blockchain go mainstream, and it is not restricted within the strict regulatory ambit. How can the country gain by championing decentralised cryptocurrencies? It can help safeguard national security, deter financial frauds, strengthen monetary policy, attract international capital, accelerate technological development and drive the nation towards becoming a global power. Moreover, as blocks run on a peer-to-peer network, it helps keep corruption in check by tracking the flow of funds and transactions. Political arrogance and sales without invoices in our country are one of the biggest vices. This leads to creation of black money and a huge loss of revenue to the exchequer. The automated blockchain-based token system can be a great solution for these challenges the nation has been facing. Further, India is one of the biggest inward remitters from many foreign nations, and there is expected to be a massive boom in remote work and remittances going forward. A significant amount of such transactions is lost in transfer, and currency conversion fee. Cryptocurrencies, however, save money and substantial time for both the remitter and the receiver, as it is conducted entirely on the Internet, runs on a mechanism that involves very less transaction fees and is almost instantaneous. **Crypto is the Financial Internet: Is it Wise to Distance from this Development?** Blockchains are about transferring value, as it enables a financial Internet that is digitizing commodities, currencies, stocks, real estate, bonds and every imaginable type of financial instrument. If we do not move in pace with the innovation, it would prevent all of that advancements and growth from happening in India. It is like banning the Internet or smartphones when they were launched. Can you imagine your life without the Internet and smartphones today? Crypto can also reignite the entrepreneurial wave in India’s startup ecosystem and create job opportunities across different levels, from blockchain developers to designers, project managers, business analysts, promoters and marketers. Its greater adoption will also attract institutional investors to the promising world of cryptocurrencies. Furthermore, with crypto by her side, the country can bank the massive unbanked population. This is because cryptocurrency runs on a decentralised grid. **Summing Up!** According to Coindesk, the total value of all cryptocurrencies is over $1.5 trillion and it is growing at a rapid pace from a total market capitalisation of just above $760 billion in late 2017. While crypto has the potential to strengthen the economy, national security, technology, currency & foreign policy, India has the talent to pull this off. A move by the country in favour of cryptos would attract global attention and support from the world’s financiers and technologists can put the country on the forefront of the rapidly evolving industry. This article appeared first on Economic Times on 19 Feb 2021 through the link ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [What is portfolio rebalancing, and how to do it through our partner Passiv?](https://blog.unocoin.com/what-is-portfolio-rebalancing-and-how-to-do-it-through-our-partner-passiv/) **Published:** June 2, 2021 **Author:** Sathvik Vishwanath **Content:** In this article, we’ll cover what is rebalancing and how you can easily do it using Passiv. ![](https://cdn-images-1.medium.com/max/800/1*ivWLMVThkHMubp1jDNiv3Q.jpeg)**What Is Rebalancing?** Rebalancing is a common investing strategy used by many investors to manage risk. To manage risk, investors spread the amount of money they plan to invest across a variety of assets. This is known as diversification and, in order to rebalance, you must first have an idea of what your asset mix or allocation should be. Once you’ve determined your ideal asset allocation, you’ll want to make sure that your portfolio maintains your allocation by buying and selling assets as the market moves. For example, you might decide that your ideal asset mix is 50% Bitcoin, 30% Ethereum and 20% Tether. However, some time passes and your portfolio’s asset mix is no longer at that 50/30/20 ratio and that Ethereum now makes up 50% of your portfolio, as opposed to your intended 30% target. To bring your portfolio back in line with your original target, you have to sell some of your Ethereum and buy some Bitcoin and Tether. By not rebalancing, you can find yourself in a situation where you are bearing too much (or little) risk than what you’re comfortable with. When it comes to rebalancing, some investors prefer to purchase the underweight assets in their portfolio, as opposed to selling the top-performing ones to purchase those that are underperforming. This is because these investors believe that those assets that are currently performing will continue to perform and so they’d like to maximize their profits. So they use new cash to purchase the underweight assets and bring their portfolio back in line. Regardless of your rebalancing strategy, Unocoin has partnered with Passiv to make it easier for their clients to manage and rebalance their crypto assets. **What is Passiv?** [Passiv](http://www.passiv.com/unocoin) is a portfolio management tool that makes it easy to maintain a balanced portfolio. Users can build a model portfolio allocation and Passiv does all the work to help you maintain it. By default, Passiv will display trades that will help you to bring your portfolio back in line by purchasing the underweight assets in your portfolio. If you’d like to sell your overweight assets to purchase underweight ones, you can adjust the settings to do this. With Passiv, you have more flexibility and control. The best part is, Passiv supports both traditional and cryptocurrency assets so you can manage your entire portfolio in one convenient place. **With Passiv, you can** - Set a target allocation for each asset in your portfolio - Create asset classes and set a target allocation for each of them\* - Allocate cash and rebalance your portfolio in one-click\* - Exclude assets from your target portfolio - Get notified whenever your portfolio drifts \*Available to Passiv Elite subscribers only. As part of the integration, we’re giving you access to Passiv’s Elite tier for free for one year. Simply click [here](http://passiv.com/unocoin?ref=TYKMOBRKZZ), sign up, and upgrade to Elite via the settings page. ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Crypto in India — Past, Present and Future](https://blog.unocoin.com/crypto-in-india-past-present-and-future/) **Published:** January 2, 2022 **Author:** Sathvik Vishwanath **Content:** ![](https://cdn-images-1.medium.com/max/800/1*gRdYSwuY3-IABRALXrNUOw.png)It’s our immense pleasure to congratulate India and Indians for being a part of the future of finance globally as we just celebrated the 8th anniversary of India’s first Crypto Exchange and Trading platform, the Unocoin. India is currently the biggest market in crypto, especially Bitcoin. Currently, India holds up to 1.5 Billion dollars as crypto assets, making us the fastest growing crypto investors’ market globally. India went through a roller coaster ride while dealing with crypto being such a volatile asset along with confusing regulations. Remember, India is among the most highly regulated countries in the world when it comes to financial transactions. Being not able to keep a track of transactions, every government had its own challenges, keeping the investors on their toes. A bill that was anticipated in the winter session of the parliament did not get presented and on the other hand, multiple ministers said that crypto is going to be regulated in India and not being banned. So the investors had a breath of relief along with the Indian Crypto trading and exchange platforms. Crypto, specifically Bitcoin made its significant debut in India in Dec of 2013, when the Indian crypto exchange, Unocoin was launched in December 2013. Let’s take a deeper look into all the challenges investors had to face from time to time, year-to-year in India, shall we? ..directly from the horse’s mouth that has seen it all! Up to 2012- The world had seen bitcoin, its partner litecoin and a few other less serious cryptos out of which bitcoin was the King! Some used to mine bitcoin as that is the only way to obtain them in India. A few of the traders used to trade it to other coins on crypto to crypto exchanges like MtGox and Poloniex which were allowing transactions without KYC and that too for anyone and everyone around the world. 2013- Then comes the rocking year 2013! A bunch of meet-ups were being held about crypto-currency which made a lot of people curious about bitcoin. At that time, the price of Bitcoin was $417, roughly 20.6 k INR. Sounds like a dream, doesn’t it? In Dec 2013, Unocoin was launched, India’s first crypto trading and exchange platform. In 2013, iPhone 5S priced at 52k INR was also launched and in order to buy it, one had to shell out 3 bitcoin. This sounds today to a crypto enthusiast like one had to pay a fortune to get an iPhone. It is also almost perfectly bookended by two RBI press releases on cryptocurrencies. The first, dated December 24, 2013, says: 1. Virtual currencies are not backed by a central bank. 2. Their value isn’t underpinned by an asset and thus a matter of speculation. Such statements got issued 5 times in total over the next 5 years. 2014 — In the year 2014, India had approximately 8.5k investors investing in Crypto — all on Unocoin! Then comes ZebPay, another crypto exchange platform that was born in India, leading us forward to the future of finance. The price of Bitcoin was roughly $310, which is approximately 16.5k INR. In 2014, Apple launched the iPhone 6 which was roughly 62k INR. See the prices of goods and inflation doing the tango? But don’t lose your heart yet, Bitcoin will rise again. It was also the same year India successfully completed the Mars Mission. 2015- In the year, the price of bitcoin was roughly $424 which is approximately 27k INR. Wowww… Did you see that? That was the same year India saw major fluctuations in the prices of Petrol as well. The same year India’s Economic growth accelerated to 7.4%. At that time, the price of an iPhone was still around 62k INR, which indicates that the price of one iPhone was approximately 2.5 bitcoin. Hey, the people who had iPhones at that time.. are you still feeling rich?! 2016- In the year 2016, the price of bitcoin was roughly $952 which is approximately 64k INR. At this rate, bitcoin was doubling its value every year. Along with bitcoin, other cryptocurrencies were also getting popular like Ethereum, Ripple, Litecoin, etc. and the Indian Investors were getting more options to choose from and also the crypto investors community was on the rise. A few editors also mentioned that bitcoin was the best performer of the year and is ready for another bullish year. 2017- The year 2017 proved to be the beginning of the bullishness of bitcoin shooting the price all the way up to $20k which is approximately 1500k INR. The price of bitcoin was growing much more than the increase in the rate of inflation. The returns on bitcoin that year was 1600% which is insane. For 1 bitcoin you could get 14 iPhones. Everyone had their own high expectations of Bitcoin and a lot of scams started happening around the “Get Rich Quick” Scheme. The new concept of raising money through ICO got overexploited and millions of dollars were getting thrown at a simple idea or a white paper. Most of such projects never saw the time of the day. This was also the exact same year when Bitbns and CoinSwitch, the two other Indian Crypto exchanges started operating. 2018-Mar 2020- This period proved itself to be the darkest time in the history of the Indian Crypto Market. A cryptocurrency exchange named WazirX just had started. Then, RBI restricted the banks from providing services for crypto exchange and its customers in March 2018. Since then, for 2 years, Indian investors were restricted from trading in crypto as the liquidity of crypto assets to INR and vice versa were banned. Almost all exchanges were out of business as the rumours were that India will be banning crypto. Unocoin along with the IAMAI association was fighting for the rights of Indian Investors against RBI on the grounds of proportionality and affected human rights. To help restore the belief of people in crypto, a kiosk machine was also installed in Bangalore but that project was also shut down due to the misunderstanding of bureaucrats. 2020- The rising sun dawned again in the Indian crypto market when the restrictions imposed by RBI were taken off by the Supreme Court and crypto was again active in India in March 2020. By the time India could recover from the ban, the price of bitcoin rose all the way up to almost $28.6k, which is approximately 20 lacs INR crossing its all-time high from Dec 2013. This ban period turned out to be a huge miss of an opportunity for Indian Investors in the global market and India had to catch up. 2021- In the history of Bitcoin, 2021 was the most dramatic. The prices of Bitcoin went all the way from $34.6K to $68K. Now it is romancing between $48–52K. This fluctuation at such a scale resulted in multiplied growth of investors in India. Thousands of people are trading on a daily basis taking advantage of the bull that came this year. This bull also gave rise to hundreds of meme coins, some of which were short-lived. Out of these coins, many people made a lot of money while others were not so fortunate. And what is more to this happy ending? At the end of 2021, one could buy as many as 28 iPhones for one bitcoin! Unocoin has seen it all- for being in business since 2013, Unocoin has sold bitcoins for as low as 11K INR in Jan 2015 and for as high as 55 Lakh INR in Oct 2021. So that is not a 500% increase but a 500 “**times**” increase in less 7 years enough to make a sensible investor scream “Scam!”. For the new year 2022, there’s still hope that the bull run will continue and we see Bitcoin on top again breaking its all-time record of $68K, making every early investor feel victorious. Indian regulations also play a huge part in trading and exchange and in this year, may the regulations be in the favour of crypto traders and investors. Unocoin wishes you a very happy new year and to have a great investing year ahead. May this year, the crypto market continues to boom. Nevertheless, the good old disclaimers still remain and we cannot pull “The End” card without r eiterating them, else we would increase our *followers*. So here it goes: Trading and Investing in crypto assets like bitcoin are subject to various market risks. Investors should try to maintain a well-diversified portfolio of other assets along with their beloved cryptos. There is no excuse for not doing your own research before investing in crypto. Happy New Year and Happy Holidays. “Almost the End” but ‘*picture abhi baaki hai mere dost’.* ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Happy Birthday my darling!](https://blog.unocoin.com/happy-birthday-my-darling/) **Published:** January 17, 2022 **Author:** Sathvik Vishwanath **Content:** Dear, Happy Birthday my darling. I remember that day as if it was yesterday when a friend of mine introduced me to you and I accepted you as my adopted daughter. Just a 3-year-old sapling with no idea about the world around it, lost in its own world, connected with thousands yet a secret. Over time, the more I came to know about you, the more my curiosity increased and I sometimes still think I don’t know you fully. The father you were born to, was anonymous, yet he created history. For his own reasons, he let you go to be taken care of by everyone who wants to embrace you. Given how unique you are, who would not shelter you or help you grow? The day you came into my life, I decided to give you a home and help you grow. I did not have any examples to make people connect to you — you are so much one of a kind. I fought the whole society and made them accept you for what you are and made them understand your importance in my life, their lives. Through the years it took some time, but finally, you made yourself shine in this dark world. You faced hundreds of different problems, and faced them so bravely and never gave up. For a couple of years, when you were kidnapped from me, I was scared to death that I lost you forever. Many people told me that I should consider you dead and I should move on but I never believed in them. I gathered all my resources and began my fight to have you back in our home, safe and sound. And like a ray of sunshine you came back to my life and that was the happiest day of my life. Since that day, I made it the purpose of my life to protect you, help you grow, and glow. You gained your own popularity and made people fall in love with you everywhere you went. The battle is still not won. Now you are 13! You just entered your teenage which is a crucial age in anyone’s life to establish their own identity and importance, and you can no longer rest, not even intermittently. You have done something that no one has ever dared to do in the past. As time goes on, and as everyone realizes your ability, there will be more and more powerful and influential people to stop you, to kill you, or to scare your believers. By that time, I hope you will be strong and mature enough to face it and to continue supporting the common man, making him feel empowered and privileged. My dear, no matter how much I write about you and your adventures today, you will always be your own knight in shining armor. You are at a stage where you don’t need to prove your worth and it is up to people to understand and evaluate it. In this harsh world, you have already made a name for yourself and made me proud as well. ![](https://cdn-images-1.medium.com/max/800/1*c6V37RtLTTdfC_e2Y7fXAw.png)The world needs you, it really needs you. It’s my honor today to call myself your introducer to my country and I wish you a very happy birthday my sweetheart, my bitcoin! -Sathvik ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [The Union Budget 2022 take-aways](https://blog.unocoin.com/the-union-budget-2022-take-aways/) **Published:** February 3, 2022 **Author:** Sathvik Vishwanath **Content:** ***RBI to launch digital rupee using blockchain technology; income from crypto gain to be taxed at 30%*** ![](https://cdn-images-1.medium.com/max/800/1*MXckh44NSrmGQByF_qk-7A.png)Indian Finance Minister, Nirmala Sitharaman presented her 4th Union Budget today, on 1st February 2022. The 2022–23 Union Budget focused mainly on four key areas causing a major push in the Education and Finance sector. The country’s crypto investors were waiting for clarity from the government on recognizing digital virtual assets like bitcoin as legal tender. The finance minister made a big announcement in her budget speech for 2022–23 around crypto. *“Moving forward on this parallel track, we lay the following four priorities — PM Gati Shakti, inclusive development, productivity enhancement and investment, sunrise opportunities, energy transition and climate action,”* FM said. ### Investment section of the budget Budget 2022 has offered more light to the grey area of the crypto space. The Indian government has taken a standpoint that it would treat crypto products as assets and not as currency. It is now very obvious that any kind of crypto products’ transfer from one person to another would be taxable. When it comes to such transfer of assets, including the sale of crypto, income taxes would be levied. This stand of the Budget will be applicable for all sorts of Digital Assets and NFT’s. ### RBI to introduce digital currency from 2022 After much patience and waiting, the Finance Minister has proposed to introduce a digital rupee using blockchain technology. The same proposal to introduce a digital rupee by the central bank was also brought up earlier both by the government and the Reserved Bank of India. *“Digital currency will also lead to a more efficient and cheaper currency management system. It is therefore proposed to introduce digital rupee using blockchain and other technology to be issued by the Reserve Bank of India starting, 2022 and 2023,”* FM It is evident from the Finance Minister that the use of blockchain technology in the monetary system is efficient and cheaper and therefore the government has recognized the need to introduce blockchain technology. The proposal to introduce CBDC by the RBI is a welcome move from the industry as this will catalyze the growth and would help bring crypto to the mainstream. It is a way forward, given the digitization agenda that the country has concerning financial transactions. Using blockchain technology for the same provides better transparency and accountability. ### Crypto gain to be a taxable income While the previous stand of RBI was to ban private cryptocurrencies, today the Finance Minister made it clear that any income from the transfer of virtual assets will be taxed at 30%. This implies that the government is looking to regulate the industry rather than banning it. *“I propose to provide that any income from transfer of any virtual digital asset shall be taxed at the rate of 30%. No deduction in respect of any expenditure or allowance shall be allowed while computing such income, except the cost of acquisition,”* FM Nirmala Sitharaman While the proposed standard tax is quite high, explicit taxation would legitimise the industry. This clarity was the need of the hour and hence, now the traders could plan their trades accordingly. The proposed TDS as well makes sure the trades are accounted for monthly even though it hampers the intraday traders to some extent. ### What’s more - 30% taxes applicable on profits from trading in crypto Profits made at the sale of crypto or NFTs will be taxable at 30% tax without any deductions or exemptions. It would no longer be considered as Short Term or Long Term Capital Gains. There are also no minimum profits provided for exemption. No matter how small the profit is, it will be taxable under the 30% slab. - 1% TDS to record and monitor transactions All the crypto transactions will be taxed at 1% as TDS. This would be the government’s approach to monitor all transactions happening in the crypto space. This approach might prove to be slightly drastic for intra-day traders as they buy and sell on the same day and do numerous such transactions. The same traders will also be liable to pay 30% taxes on profit as well. This will also affect the volume of transactions happening in the crypto space within India. For the days to come, it might be a bad move from the government’s side to impose such high TDS, given some investors tend to do transactions for small profits, especially for intraday traders and short term investors. - Gifts will be taxable as well The gifts given to family or others were not taxable for fiat or any traditional asset, but when it comes to crypto, the crypto gifts will be considered for taxes and the recipient will be liable for taxes. It is unclear as to if the recipient should pay taxes considering the acquisition cost of those assets or if the entire amount becomes taxable. - The losses of crypto trading cannot be offset by profits from other sources or the other way around. The profits earned through crypto will be taxable without any exemption, but in case of loss in crypto, such losses cannot be offset through profits from other sources and vice versa. The losses in trading from crypto cannot be carried forward as well to the next financial year to be exempted from profits earned in the next year. To make it more simple to understand the new tax rules, let’s take a look at the below example. So far, it was falling in the same income tax slab of taxation starting from the income of 5 Lacs p.a. Because if a person’s income is 4.5 Lakhs, and the profits they made out of crypto is 60k, the total taxable income would be 5.1 Lacs and it would be as per income tax slabs. But with the new tax regime in place, the 60k profit from crypto would get taxed directly at 30% followed by the normal slab-based taxes for the person’s income of 4.5 Lakhs. There are multiple factors and very minute details accounting for these calculations that need to be considered and it might be more difficult to file the taxes especially for intra-day traders. Some relief was expected from this budget, but the high TDS and high taxes of 30% might make people more cautious when they trade crypto. India is moving forward towards the regulations in the crypto space making us one of the first to have regulations. These regulations might seem a little heavy on taxpayers, but it also indicates how volatile the crypto market is. It’s high time for us to see how people react to it and it would be interesting what the future of the Indian crypto space will be like. The move of the government today is a great step to bringing crypto to the masses. While the “legality” status of crypto assets may still be in question, the progress can be seen through the government recognizing the crypto assets’ class. Thus, the budget 2022–23 has given a big push to the industry. **Sathvik Vishwanath** **Co-Founder and CEO** **Unocoin** ![author avatar](https://secure.gravatar.com/avatar/bdb86e01937771017228483e41388b26838bc9a60029affa6c44b667b199843c?s=300&r=g) Sathvik Vishwanath [See Full Bio](https://blog.unocoin.com/author/sathvikv/) [ ](https://blog.unocoin.com/author/sathvikv/) **Categories:** Blog --- ### [Contact Us](https://blog.unocoin.com/contact-us/) **Published:** December 15, 2013 **Author:** Unocoin Growth **Content:** **CoinMonk Ventures Private Limited** \#1041/12, 1st floor, 1st main, 4th Block, Rajajinagar, Dr. Rajkumar Road, Above SBM, Bangalore – 560010, India Phone : 1800-103-2646 (7am-11pm Mon-Sat) Email : support@unocoin.com **Categories:** Blog, News --- ### [Whats the new edge? #bitcoin](https://blog.unocoin.com/whats-the-new-edge-bitcoin/) **Published:** October 17, 2016 **Author:** Unocoin Growth **Content:** *“There has been a lot of prejudice in the #bitcoin space. It takes a lot to uncover the true potential in the midst of misconceptions and misdirections.”* I understand that a good majority need not understand how #bitcoin technically function, as not many understood how a personal computer technically function. But it is very essential for everyone to perceive its capabilities and the implications or applications that it sets to bring to this world. \#bitcoin has just started what could be a very fundamental restructuring to how the world works. *“It brings a very drastic paradigm shift that demands revolutionary transformation at the grassroots rather than evolutionary upgradation of apex corporate knowledge hubs.”* The initial advent of #bitcoin (the crypto-currency) is set to unravel a humongous cascading effect on to different technological, financial, scientific, legal and social layers. Taking a distant standpoint on price predictions,from a non-technical perspective, the following seven core aspects could be attributed as the unique selling points that #bitcoin offers in its current form: 1. Business model for Open Source 2. Micropayments 3. Banking the unbanked 4. Distributed + decentralized economy 5. Low cost remittances 6. Programmable money 7. Smart Contracts While there exists a lot other features which need serious focus, let me leave some food for a future argument. I would like to discuss more on these seven core aspects which can form a foundational layer to a bright future ahead. **Business model for Open Source** \#bitcoin has just proved the market with a successful business model on top of an open source contribution which has been seen replicated by numerous projects around the world and kickstarted a new movement of decentralising economy which are popularly termed as ICOs (Initial Coin Offering). It has just brought a pivotal shift of financial power and freedom to the open source contributors. Anyone from anywhere in the world can put upright the ideology and project implementation strategies alongside the token sale to procure funding required for the project. We are near to a future with dominance of crowdfunded companies running completely out of the financial frameworks of today leapfrogging over the paperwork and restrictions of floating a global public corporation. **Micropayments** \#bitcoin network supports micropayments out of the box. Additionally, the network expresses the capability to accommodate further technology layers which can scale the network to handle nano-payments. What micro or nano payments can bring to the financial world is yet unfathomable. This could be a long yearning answer to the online ad-blocking user communities or just a beginning of a new emerging insurance market for unsecured loans at a time scale of sub-seconds. We will be seeing services offered in a more fluid architecture, with lease periods squeezed down to minutes if not seconds and currency becomes the next medium of monetary expression rather than just a proof of value system in the hands of the authoritarians. **Banking the unbanked** The current business systems built on top of trust and profitability are not practically scalable any further to provide services to the underprivileged. There exists different dimensions of limitations ranging from establishment of physical infrastructure to political frictions among different legal environments discouraging market competition and driving the costs up. Also there is a significant risk weaved into these corporate structures which could result in a massive collapse of the global financial system running the whole economy into darkness at some point of time, if not now. \#bitcoin just proposes a visionary alternative to the current financial system which hold the capacity to accommodate the current systems as a subset alongside providing opportunity to onboard the unbanked. With more capable individuals plugged into the global economy, there will be an accelerated contribution to the development of the world. Connected to the secure global financial platform, there is a parity in final privilege resulting in self-esteem and motivation. **Distributed + decentralized economy** Probably the most important aspect to understand and focus upon. \#Blockchain, the fancy buzzword often in the media represents a distributed and decentral record keeping technique with categorical security provided as per the choice of consensus mechanisms between these distributed nodes in the network. Decentral architecture arranging the intensive proof-of-work contributed to #bitcoin empowers the network with practical immutability that has just raised the bar for digital reliability which opens up the possibility of synthetic trust constructed using mathematical algorithms. **Low cost remittances** While we already have professional remittance facilitators worldwide, there is a certain threshold of eligibility and significant cost to avail such services due to the broken corporate relationships between different legal environments as discussed earlier. \#bitcoin introduces first practical implementation of the concept of a global currency. Which not only lubricates the flow of remittances, but also encourage cross-border trade and commerce irrespective of the legal authority. This is a very crucial step towards the ideal globalisation and liberalisation of the economy. **Programmable money** The definition of ‘money’ tends to fade away further when it loses the rigidity. When the code itself is capable of holding and transacting in the native currency rather than an abstracted layer on top, it unfolds a whole new age of machine autonomy where currency becomes a common language between the human and machine. This paves way for a machine-payable web which would result in a more machine demanding ecosystem rather than a human demanding one putting humans out of many service houses due to a greater inclusion or machine brotherhood. There would be no wonder if you find that an autonomous service tier drone is one of the board members to the company you work for in near future. That just introduces the flavour of the third web — the machine payable web accompanied by advancements in AI techniques. **Smart Contracts** Probably the most talked upon or emphasised zone for capital investments in the fintech industry. The native #bitcoin protocol offers a limited but powerful scope for designing complex and automated transaction contracts which behave as per the prior agreement of the concern parties in a completely autonomous fashion pulling down the need for an entrusted third party providers who have been handling these transaction contracts in the current systems. More sophisticated smart contracts designed by combination with a variety of transactional contracts can result in completely autonomous corporations with network acting as the board that take truly democratic decisions. Soon we could witness the emergence of the DAOs (Decentralised Autonomous Organisations) contributing to different industrial sectors pushing the decision powers to the edges of the network. These arguments clearly emphasize the foundational importance of the #bitcoin network and protocol together with the incentive token system to the future of the technological era that would encompass all the major industries in the coming decade. (First published @ [Tabloid11 ](http://www.tabloid11.in)— [Link](http://www.tabloid11.in/2016/10/what-is-new-edge-bitcoin.html)) > This is my first medium post. I would love to hear your side of the arguments. **Categories:** Blog --- ### [#bitcoin, the new digital Gold](https://blog.unocoin.com/bitcoin-the-new-digital-gold/) **Published:** December 9, 2016 **Author:** Unocoin Growth **Content:** There is a high concentration of Indian government on digital transformation lately. Indian Ministry is set to launch digital currency campaigns focused to increase general awareness upon digital payment mechanisms amongst youth. Trying to invert the ratio of cash transactions (currently 78% transactions are perceived to be happening via paper cash) into digital payments, it is poised to bring a high pressure on cyber security systems and cross platform currency transactions feasibility. While digital payments are a transactional layer (communication) on top of fiat, #bitcoin on the other hand is the new digital gold with its own intrinsic value along with it’s own communication network with price discovery backed by the persistent global free market trade. Multiple developers and technocrats from different geographic establishments are currently working hard to develop cross platform digital payment networks on top of #bitcoin network. We see a whole new avenue of digital payment systems that can not only process payments but can take care of legal obligations and automated escrow services, further more complicated transaction designs yet unfathomable. For sure #bitcoin is the logical next step in the evolution of money as suggested by some of the economists to fill gaps in regional connectivity of financial infrastructure. Great minds have already been interestingly directing household investments along with business portfolios into #bitcoin and major technology giants are noticed actively looking into building platforms on top or around this digital token mechanisms which does not fit into regular corporate structures. Following the news recently, apart from great intolerance, the bold #DeMonetisation step by Modi government has given a big push to the general public awareness on the Indian monetary system, uncovering the essence of true intrinsic value of paper currency or fiat money. This has led to a more conscious decision making patterns for investments among the public and eventually resulted in a growing volumes of fiat conversions into #bitcoin in the month of November followed by December ([Unocoin](https://www.unocoin.com) has notified about Rs 250M worth trade volumes on their platform alone). Resonating with the demand, we are again seeing growing number of merchant adoption for the #cryptocurrency in India ([Unocoin](https://www.unocoin.com) has reportedly served for 1500 merchant account activations). With such a huge potential for investments and trading, #bitcoin has been less volatile for the past two quarters. For about six months, the price of #bitcoin stands atop of $500 globally trying to end the year on a positive note. In the midst of legal obscurities and tax confusions pertaining to #bitcoin, [Unocoin](https://www.unocoin.com) has been the strong player in the Indian market dealing with the ambiguities and providing a clarity by building a strong alternative ecosystem for the next generation currency & payment systems. Start downloading [Unocoin](https://www.unocoin.com) [iOS](https://itunes.apple.com/in/app/unocoin/id1030422972?mt=8) or [Android](https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet&hl=en) application on your smartphones to buy, use and accept #bitcoin in India or head to [unocoin.com](https://www.unocoin.com/) ([Unocoin](https://www.unocoin.com) YouTube channel provides tutorials to use the platform). Find [Sathvik Vishwanath](https://www.linkedin.com/in/sathvikv), CEO & Co-Founder of [Unocoin](https://www.unocoin.com), India’s leading #bitcoin company talk about [“Why #bitcoin is transformative?”](https://youtu.be/89WQf_bcjnQ) from an Indian context on YouTube. [https://youtu.be/89WQf\_bcjnQ](https://youtu.be/89WQf_bcjnQ) **Categories:** Blog --- ### [Unocoin turns 3 with #bitcoin!](https://blog.unocoin.com/unocoin-turns-3-with-bitcoin/) **Published:** December 16, 2016 **Author:** Unocoin Growth **Content:** Yes. It has been three years since the inception of Unocoin and yet, it is still a baby set to establish a holistic platform for #bitcoin economy in the country. Unocoin has turned 3 successfully this december accomplishing over 1,00,000 user signups and wishfully extends these celebrations to the users with 0% transaction fee lasting till the end of the year 2016. You can now avoid market volatility and risk associated with #bitcoin prices using Unocoin’s unique SIP module as per your capacity & appetite. Also start downloading the brand new [Android](https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet) and [iOS](https://itunes.apple.com/in/app/unocoin/id1030422972) applications from the stores to buy, use & accept #bitcoin on the go now. Onboarding about 1500 merchant services to accept #bitcoin as a payment method, Unocoin looks forward for a much steeper adoption curve in India along the coming year with a much stronger ecosystem for #bitcoin users. Over the counter merchants can immediately start accepting #bitcoin payments via the #UnocoinMerchant POS application released on both [Android](https://play.google.com/store/apps/details?id=com.unocoin.unocoinmerchant) and [iOS](https://itunes.apple.com/gm/app/unocoin-pos/id1087378138) platforms. Special thank you to all those who made this journey possible! **Categories:** Blog --- ### [Are we entering into finance without identity this 2017? – #bitcoin](https://blog.unocoin.com/are-we-entering-into-finance-without-identity-this-2017-bitcoin/) **Published:** January 1, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Pum8C2xCf69bplXPGNEmQQ.png)Apparently, 2016 has been a very bright year for the #bitcoin ecosystem as the price started marketing the ideology more than the community. The global economic environment has further fueled the topic giving a good stance on opening up the public mindset to the core financial policies that central banking has been built upon. Meanwhile there have been multiple cybersecurity breaches floating in the news showcasing the compromising security architectures leading to privacy failures often. Adding to the vulnerabilities of the present systems, these corporate profiles have been churning big money out of data monetisation reducing the value of the content and identities around the world. [Read more about the recent investigation on Facebook by ProPublica.](https://www.technologyreview.com/s/603283/how-facebook-learns-about-your-offline-life/) --- On the other hand, we are able to observe a much robust and secure financial implementation of #bitcoin blockchain dealing with all these issues in a more sophisticated fashion. --- While this is the case, we can portray an important underlying trend evolving among the corporate systems defining the future industries. There has been an evolving trend visible in the businesses models clearly giving hope for a more robust and scalable systems for the future. We can see the famous example of evolution in taxi services emerging out of enterprise models to open information sharing techo-corporate models (Uber/Ola) and now to a more decentralised autonomous solutions such as [Arcade City](https://arcade.city/). Imagine the next wave of self driving autonomous ride sharing vehicles. To put E-commerce in this perspective, we have seen the DNA shift from a more centralised commerce hub (Amazon) to much decentral and distributed commerce (Ebay) and now entering into a much powerful open market systems such as [OpenBazaar](https://openbazaar.org). How would an autonomous drone delivery system would look like? Similar is the case of other industries. --- What made this transition faster and much practically achievable now is the contribution of the missing piece of the framework (a trust machine – believed to be ‘blockchain’). Now that we have got the weapon to dissolve the corporate authority to code, we will witness see a much faster growth in this direction which could be easily adopted globally. Growing industry for machine computing such as robotics, cognitive computing and sensor devices are pushing the adoption and dependency of humans on technology and project a much greater requirement for robust trustless frameworks and machine inclusion. Blockchain technology has been able to provide answers to this growing requirement and been showcasing some promising solutions with the powerful smart contract mechanisms recently. --- Interesting live example showcasing how technological solutions can eradicate bureaucratic systems is [Tala](http://tala.co/) (previously known as ‘Mkopo Rahisi’) the brainchild of [Shivani Siroya](https://twitter.com/shivsiroya), is a Kenyan mobile credit facilitating application providing a micro-finance opportunities and visibility to the aspiring micro-entrepreneurs with the system built on top of big data and behavioural psychology driving credit eligibility decisions and further credit issuance at an unfathomable speeds rather than traditional credit rating system on top of financial accounting procedures and identity regulations taking humongous time with limited coverage. To give some taste of how the upcoming financial systems are going to look like, we already have some brilliant startups working in this spectrum. - Investments ([Keza](https://getkeza.com/), [BitBulls](https://bitbulls.com/)) - Charity ([BitGive](http://bitgivefoundation.org/)) - Venture Capitals (DAO) - Payrolls ([Bitwage](https://www.bitwage.com/)) - Public Issue (ICOs) - Software Development ([CodeValley](https://www.codevalley.com/), [Numerai](https://numer.ai/)) - Gambling ([Primedice](https://primedice.com)) - Peer2Peer Lending ([BTCJam](https://btcjam.com)) - E-Commerce ([OpenBazaar](https://openbazaar.org/), [Purse.io](https://purse.io/)) These are some of the examples amongst others. --- While 2016 was the year the blockchain technology achieved general acceptance, we hope 2017 will be the year of “Trust Leap” as suggested by [Rachel Botsman](https://twitter.com/rachelbotsman) in her [TED-Talk](https://www.ted.com/talks/rachel_botsman_we_ve_stopped_trusting_institutions_and_started_trusting_strangers) bringing more practical applications of the technology. **Categories:** Blog --- ### [Bitcoin replacing gold to be the new ‘Gold Standard’ of currency system](https://blog.unocoin.com/bitcoin-replacing-gold-to-be-the-new-gold-standard-of-currency-system/) **Published:** January 21, 2017 **Author:** Unocoin Growth **Content:** As a natural evolution of the technology for money, we are seeing the emergence of new breed of currencies backed by cryptography taking the place of fundamental units of economics. Bitcoin has been the pioneer of cryptocurrencies set to replace gold to be the new ‘Gold Standard’ of currency system. Bitcoin has its own advantages differentiating it from all the present payment networks and monetary instruments. Talking about one such property, Bitcoin unlike gold is infinitely divisible with up to eight decimal places currently in use. While breaking down the units to such a miniscule level may sound idiotic, unmanageable and hard to comprehend at a first glance, it is an important trait that enables the future of a extremely deflationary economics. Matter starts to exhibit new behaviour at Nanoscale. Similarly, radically different businesses models spring up when you open up sub-micro payments with the flexibility to innovate without permission. --- What difference will the divisibility of bitcoin bring? Let us explore: **Diversity of scale** Bitcoin network allows a wide spectrum of transaction sizes ranging from sub-micro payment streams (in satoshis) to super-macro monetary settlements (in millions of bitcoins). While there exists infinite variety of transactional use cases, the image below helps to familiarise with some of the examples to understand the scale of payments on bitcoin network. ![](https://cdn-images-1.medium.com/max/800/1*fftEKB7maFnYhzqGur504A.jpeg)**Granular payments** With such an extended flexibility, it opens up the possibility of indulging in granular payments which could happen at a very high frequency with motivating new variety of transactions such as ‘performance-oriented-payments’, ‘pay-for-what-you-use’, ‘supply-chain-reimbursements’, ‘creative-royalties’ etc amongst others. ![](https://cdn-images-1.medium.com/max/800/1*J9_jccxgcW6WHFMk5AeIyA.jpeg)**Easy Division (Precision)** Infinite divisibility enables us to make payments with infinite precision. Each individual participant of a production channel can be directly included in the payment transaction holding precise amounts unlike bulk settlements delaying payments and abused distributed margins. ![](https://cdn-images-1.medium.com/max/800/1*zbzKR4k74X5a6W2cW_9fgg.jpeg) **Categories:** Blog --- ### [Bitcoin: Evolution of Money and Beyond](https://blog.unocoin.com/bitcoin-evolution-of-money-and-beyond/) **Published:** February 10, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*zv-lSX3A9w-SWTcoCjDoNA.jpeg)--- #### Concept of Money Barter system was provably inefficient in terms of portability, divisibility and mainly accountability. Money has its roots as an abstract form of accounting (Subjective Ledger Technology) used to facilitate a closed community trade goods and services inside their system. Growing population and impractical methods to maintain subjective ledgers beyond a community lead to objective ledgers underpinning value to physical objects such as sea shells. With time, we have seen emergence of standardised attributions of money especially to rare metals (universal ledgers) which comply physical limitations around the globe and made it easy for accountability, portability and divisibility. However, with massive industrialisation driving humongous amounts of trade and commerce worldwide gave birth to a more powerful technology of fiat currency which is more portable, divisible and fungible aiding the problem of accounting. Further, 21st Century has seen the dawn of digital money as an abstract representation of physical fiat currency for online transactions. --- #### Problems of Money (Need for Bitcoin) Decoupled abstraction of fiat currency with the introduction of cash reserve ratios brought new financial troubles of fraud (counterfeiting, digital hacking) and unpredictability to the economy giving rise to inflationary economics. Apart from these, some notable flaws in the current underlying economic frameworks are: - Delayed transaction settlements - Totalitarian accounting and Unpredictable money supply - Higher cost per transaction - Transaction reversibility and the origin of fraud - Double spending and digital security vulnerabilities - Fragmented currency networks Bitcoin has been the definitive answer to these problems by building an alternate currency system which is more evolved and robust adopting a decentralised model with no central vulnerabilities to trust upon. --- #### Solution Behind (Blockchain Technology) While Bitcoin is the end solution, blockchain technology powering Bitcoin is the fascinating invention that made it possible with a combination of technical tools such as - P2P networking – for an efficient and open system - Proof-of-Work algorithm – to make the system more robust and secure with open competition - Cryptographical ownership – financial inclusion and impractical to break privacy - Transaction based ledger (UTXOs) – introducing immutability and solving double spending problem - Scripting capability – helping nodes to validate pseudonymous transactions and build complex transactions - Merkle Root mechanism – utilise the power of blockchain without hosting a full node (complete blockchain) --- #### Beyond Money (Evolution of DApps Frameworks) Blockchain has caught a serious attention lately by industry leaders impressed with the power to facilitate autonomous trade and smart contracts between two unknown parties without trust. Continuous iteration and development of blockchain is very evident with four major evolutionary steps it took: **Iteration One (On Bitcoin blockchain)** Borrowing the advantages of immutability and data redundancy backed with network security, we have seen adoption of Bitcoin blockchain for storing critical data points of an application/ use case such as tracking real world assets. **Iteration Two (Forking Bitcoin blockchain)** While Bitcoin blockchain offers limited scope for building only complex financial transactions, a different iteration/fork of this blockchain has shown the possibility of building a completely turing complete scripting possibility on top of blockchain making it possible to write completely open decentralised server code for the first time. **Iteration Three (Codebase to bootstrap blockchains)** There have been multiple instances and specific requirements from enterprise communities for a more specialised advantage of blockchain with added privacy and accessibility management leading to a multiple open source code repositories which can help you kickstart your own public/private blockchains suitable for your applications. **Iteration Four (Blockchain as a Service model)** More rapid adoption and emergence of blockchain as a critical technology for open and secure systems for applications shared between multiple parties arises a definite learning curve for adoption. We are already seeing popular cloud services already embracing this technology stack labelled as ‘BaaS’ (Blockchain as a Service) offering a plug and play model for developing more personalised blockchains. --- While Bitcoin is the first practically famous application of blockchain technology, we are yet to unleash a world with the core communication and accounting infrastructure built on blockchain. **Categories:** Blog --- ### [What did #Blockchain bring to the table?](https://blog.unocoin.com/what-did-blockchain-bring-to-the-table/) **Published:** February 20, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*zDJ8KvbcaraoAaFTs7XEog.jpeg)Blockchain has the potential to profoundly transform some of the basic operation of businesses, governance and open technology projects. From a technological standpoint, blockchain is a network oriented software implementation. It shifts the risk and responsibility of code execution and data storage from centralised machines to decentralised networks. Three major components of blockchain technology that enabled decentralised networks are: 1. **Trustless Consensus** of participating nodes 2. Maintaining a **shared truth** 3. **Decentralised execution** of programs --- #### **Trustless Consensus** (Fundamental problem of distributed computing is to achieve system reliability and integrity in the presence of faulty players) Blockchain provides a solution for a decentralised network consensus using cryptographic hash functions. It has developed different flavours of consensus algorithms suitable for different set of problems with varied control level, latency, security and transparency: - Proof-of-Work, reliability on intense processing power preferred majorly for highly secure networks. - Proof-of-Stake, reliability on loyal stakeholders of the network which helps to avoid energy wastage. - Designated Signatories, considered for performant networks with strict access controls. - Permissioned, suitable for enterprise solutions and standardisation of sectoral accounting. - Permissionless, robust public projects aiding in interaction and transaction models. --- #### **Shared Truth** (Truth is the foundational element of a business) Blockchain has introduced an innovative mechanism to preserve the provenance of digitally shared truth with a system of chronologically chained blocks holding transactional information which always refers to the previous block. Major three innovative implementations that bring a secured shared truth to life are: - Transaction based ledgers — makes it easy to validate the ledger data with a single point of source (agreed genesis block) and provides an additional ability to cross-verify the mutation records of the token ownership. - Block level incentives — enables modular, open & competitive participation to keep the system secure and running. - Immutability and block confirmations — back referencing the previous blocks keeps adding security layers with each block confirmed by the network and makes it practically impossible to reverse engineer or alter the metadata inside these blocks. With the combination of these technologies, the blockchain achieves a secure, transparent, immutable, repository of truth, designed to be highly resistant to outages, manipulation, and unnecessary complexity. Some of the possible applications of shared truth: - Wealth ownership - Identity ownership - Voting rights - Health records - Intellectual Property rights - Birth and Marriage records --- #### **Decentralised Execution** (Decentralisation orchestration of code execution is the key to efficiency and performance of an application) Apart from ledger keeping, blockchain also introduced a new way to orchestrate open and decentralised execution of computer programs. Key technology behind this could be: - Scripting Capabilities — standardised assembly code language with mutual agreement of nodes on the scope of logics which help to design complex acceptable transactions. - Smart Contracts — autonomous software code that can help in building large scale business logics running with independence. - Autonomicity and Oracles — Independence in software execution enables complete autonomicity in data and decision making. Further with the help of oracle networks (autonomous hardware collecting data points on incentive model) we are about to witness a completely autonomous industrial scale systems. **Categories:** Blog --- ### [Bitcoin Hard Fork — Unocoin Roadmap](https://blog.unocoin.com/bitcoin-hard-fork-unocoin-roadmap/) **Published:** April 4, 2017 **Author:** Unocoin Growth **Content:** ![](https://blog.unocoin.com/wp-content/uploads/2022/07/fdae2-15kfmidpcv6qn8evyx-mgwa.jpeg)This is to bring to your notice the genuine possibility of a ‘**hard fork**’ in the Bitcoin industry — which is accounted as a foreseen divide happening among the communities supporting two different version of the consensus rules to communicate with the bitcoin network. \[ “Bitcoin Core (BTC)” & “Bitcoin Unlimited (BTU)” \] A successful ‘hard fork’ could result in two separate token representations for the resultant consensus chains. In the midst of these heated debates, Unocoin would like to express support for the original “Bitcoin Core (BTC)” version and is in the process of building a strong contingency plan for operations in case of a ‘hard fork’. While user preferences vary between the two versions, there are a quite few technical questions to be answered at our end to deal with the possibility of handling both the tokens. However, Unocoin is technically equipped to handle the situation and assure we deal with this decision smoothly. In the interest of customer security, we advise to hold your bitcoin private keys for yourself either in ‘paper wallets’ or ‘software or hardware tools’ that are capable of storing them safely (eg. Mycelium, Bitcoin Core, Electrum etc.) Although there seems to be an increased chance of a ‘hard fork’ this time comparatively, we believe it to be very unlikely to happen and is not an issue to be panic about. **Categories:** Blog --- ### [Inevitable upgrade of Segregated Witness. What you need to know?](https://blog.unocoin.com/inevitable-upgrade-of-segregated-witness-what-you-need-to-know/) **Published:** July 20, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*yTQKIqgg-lGH4cmf5cZpvQ@2x.png)--- #### Scenario (Why do we need an upgrade?) Growing interest in Bitcoin as a rational payment system or a safe and secure investment started to challenge the capacity of Bitcoin network about a year ago. Bitcoin’s use as a currency/payment network would soon become less viable with the current 1MB of hard limit on block sizes. While we have seen multiple proposals/roadmaps emerge out of the never ending scaling debates for Bitcoin, there has not been a clear majority in supporting any of these propositions. However, we are now seeing a vast majority of the Bitcoin community supporting to incorporate a new architecture of transaction blocks called “Segregated Witness” initially formulated by Dr. Peter Wuille, Bitcoin Core developer and Co-Founder of Blockstream. #### Technical advantages of Segregated Witness This section is too technical and you can skip this if you are not interested. The new architecture of Segregated Witness will provide the ability to separate ‘Witness data’ (aka Sender’s Signature data) of transactions into a block extension (new additional data structure of the transaction Merkle tree mirroring with the signature Merkle Tree) by providing a hard limit on “block weight” rather than “block size”. With a hard limit of 4MB on the block weight \[Block Weight = (tx size with witness data stripped) \* 3 + (tx size)\], we can potentially push for higher transaction throughput on the Bitcoin blockchain in-turn affecting the miner fees and confirmation times benefitting users. #### Unpredictable Roadmap for the upgrade It is essential to understand that the absence of a majority in specific code support to update the network poses a potential risk of network split which would result in two different tokens of bitcoin. Two major code implementations for Segwit available right now are Segwit2x & BIP148: - **Segwit2x** (Activated with the Majority of Hash power/Miner support of 80%) – is the implementation in support of enacting the long proposed Segregated Witness along with a hardcoded timeline to implement 2MB block size upgrade via hardfork as compared to the 1MB block sizes now. - **BIP148** (Activated with a Time lock on 1st August, 2017) – is a user (running full node) centric code upgrade putting an obligation on the miners to update their clients after the activation to support BIP141 (aka segwit signalling). It also has a provision of “segsignal” helping the miners to shift onto the chain with majority support for who are not able to decide upon their stance on BIP141 (aka segwit). In the light of a miner activated hardfork (aka Segwit2x activation), a chain split is a very unlikely outcome. While there exists a good majority of miner support for Segwit2x, there is a very tight implementation schedule planned for the activation of code, which would increase the chances of UASF kicking in. This would require a high majority of mining nodes (95%) to support BIP141 (aka segwit signalling), failing which there could be a permanent minority chain resulting in a network split altogether. There is also a good amount of risk associated with a successful UASF (User Activated Soft Fork), as there is a possibility of transaction wipe out (of the transactions occurred on the minority chain at the time of upgradation) after minority chain merges with majority chain. #### Unocoin’s contingency plan In the midst of all the serious network upgradation roadmap, we would like to inform that Unocoin is equipped with a proper contingency plan either in the event of ‘UASF’, ‘Segwit2x upgrade’ or a ‘network split’ by supporting the chain with majority which likely is segwit enabled. However, Unocoin has not planned or equipped to support other shorter and weaker chains if they pop up. We would be sharing a detailed maintenance schedule of our website for July 30th – 4th August to avoid any loss of customer’s coins via replay attacks and to choose the longer and safer chain to go with. We may have to extend this maintenance if the need be. User’s are always recommended to hold their coins with themselves for complete authority/choice of chain over the network split instead of holding them in their Unocoin wallets. Recommendation for the users to safeguard the value of their coins during this upgradation: Send your bitcoin holdings into a paper/hardware/software wallet which is in your possession and you control their private keys. You may also consider selling the bitcoin or converting them into alt coins which are comparatively safer at this point in time using Unocoin services or any other third party services you may choose if you are not technically capable of handling private keys yourselves. #### References BIP – Bitcoin Improvement Proposal UASF – User Activated Soft Fork BIP08 – Signalling resembling BIP09 BIP09 – Signalling using “bit 1” BIP91 – Retrofitting BIP148 with support to Segwit2x by adopting “bit 4” signalling for activation and rejecting non “bit 1” nodes after activation BIP141 – Bitcoin Core implementation including ‘Segregated Witness’ using BIP09 signalling (requires 95% of miner support for activation) BIP148 – A User Activated Soft Fork which puts an obligation onto the miners to upgrade their clients after (1st August 2017). Also have a provision of “segsignal” for miners who wants to support the majority chain. (Starts rejecting the non “bit 1” blocks after activation) BIP149 – Similar to BIP148, with a long range activation date (approx. July 2018) using BIP08 signalling protocol Segwit2x – Also known as New York Agreement (or “Silbert Accord”), enforces Implementation of Segregated Witness along with a hardcoded consensus on upgrading the block size to 2MB in the next six months. (Requires 80% of the miner support for activation). Bitmain’s UAHF contingency plan – User Activated Hard Fork to mine the legacy version of blockchain to avoid unseen implications of the newly created ‘segwit ready chain’ **Categories:** Blog --- ### [The Ultimate guide to bitcoin — part 1](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1/) **Published:** August 2, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*GmmdWLsb-C_6NBUX0ebtXQ.jpeg)The Ultimate guide to bitcoin — part 1### Trade · Ownership · Trust Let’s analyse the technological advancement that fundamentally challenges your conceptual understanding of the above, and influences the way our economy, governance systems and businesses function. Money exists to facilitate trade. Through the centuries, trade has become incredibly complex, especially in the context of globalisation. Trade is generally recorded in bookkeeping and this information is often isolated, and closed to the public. For this reason, we use third parties and intermediaries we trust, to facilitate and improve our trust. Governments, banks, accountants, notaries are these trusted third parties. But these parties ultimately control the value of your money, don’t they? Central banks influence rates of inflation and the value of your currency, often on instructions from the government. In such a scenario, is your money truly yours? Trust is the fundamental currency of commerce. And lately, we’d lost it until a truly decentralisation currency emerged — Bitcoin. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_ultimate_guide_to_bitcoin_part_1)--- **Bitcoin Demystified for Novices** Technically, Bitcoin is open-source software. It enables a network of computers to maintain collective bookkeeping via the internet, involving digital tokens called bitcoins. It is also a cryptocurrency — a digital asset designed to work as a medium of exchange, using cryptography to secure the transactions. Cryptography mainly encompasses algorithms for key generation, and encryption and decryption of data using the key. Think of it as a [substitute for the currency you currently use](https://blog.unocoin.com/bitcoin-evolution-of-money-and-beyond-3bef3552815b?source=collection_home---6------4--------------). Today it’s being accepted by multiple major brands worldwide, and is accepted as legitimate payment for anything from coffee and pizza to even real estate! Bitcoin is a masterpiece project because it solves multiple problems. It allows for anonymous transactions, which, prior to it, were never possible. All electronic transactions could be linked to you — while cash payments required your presence. A famous issue with digital currencies is the double spending problem — how does a receiver get his money while the sender debits it from his account? Can a hacker not send fake money and keep his own hoard too? He can then spend this money twice. Bitcoin solves this by having a decentralized mechanism of validation, authentication and also bring in immutability referred as **Blockchain.** --- [![](https://cdn-images-1.medium.com/max/800/1*rRc-pLrBBLplk3aMSCRDfA.png)](https://www.unocoin.com)The Blockchain is bitcoin’s most impactful innovation**The Blockchain** Bitcoin’s bookkeeping is neither closed, nor in control of one party. It is public and available on a common digital ledger, fully distributed across the network. This is called the blockchain. And it’s what makes bitcoin ‘decentralised’. The blockchain is [perhaps the most impactful and far reaching innovation](https://blog.unocoin.com/what-did-blockchain-bring-to-the-table-ded18ef70432) to come out from bitcoin. It is a public ledger — a record of every transaction in history of bitcoin — including information on the date, time, participants, and amount of every single transaction. Each node (i.e a person connected to the bitcoin network) owns a full copy of the block chain. Imagine this: With hypothetical digital currencies thought of before Bitcoin — you could do a private transaction, which would involve you sending money to a receiver. The receiver would then send you a confirmation that he has received the money, and you would debit your balance. A hacker could manipulate this and refuse to receive confirmation of your receipt. He would then get to keep his money, while you received it too. New money would be created this way. The blockchain solves this problem by letting the entire network see your transaction. You can’t lie about a transaction if you’re doing it front of a crowded room with everyone watching, can you? That’s what the blockchain is — every node on the network acknowledging and confirming everyone else’s transactions. On the basis of complicated mathematical principles, the transactions are verified by other people on the network — who we call ‘Bitcoin miners’, who maintain this ledger. The mathematical principles also ensure that these people (or nodes) automatically and continuously agree about the current state of the ledger and every transaction in it. If corruption of a transaction is attempted (like in the hacker example we just noted), the nodes do not arrive at a consensus, and hence refuse to incorporate the transaction in the blockchain. Every transaction is public and thousands of nodes unanimously agree that a transaction has occurred on date X and time Y. --- ![](https://cdn-images-1.medium.com/max/800/1*N_YyZn1pt2TYc2yfs4UtHw.png)Bitcoin ‘mining’ rewards miners with bitcoins**Bitcoin mining** Why would all the other nodes want to remain on the network though? There’s got to be incentive for them, and there is. The blockchain is ‘hashed’ — that is, it is cryptographcially encrypted, and nodes must spend their computing power trying to decrypt it. The reward? 12.5 bitcoins (currently) for every hashed block of transactions they validate meeting specific criteria. This act is what we call ‘Bitcoin mining’ — lots of nodes spending their computing power to help validate transactions, and getting lucky with bitcoins in the process. You’re literally paid for your service. It’s a perfect system — one that covers all possible loopholes, and allows for an economy to thrive globally. Of course, with millions joining bitcoin, and the reward per mine remaining the same, mining has gotten exponentially tougher. The efforts are high, the rewards are low, and there are too many nodes to share the bounty with. In fact, it probably does not make economical sense for an individual to mine coins anymore. But more on that, in a separate post. **Bitcoin Wallets: How Bitcoin Payments Work** Since we’re dealing with a currency here, it is obviously important to know how payments would work. Heading back to the example we discussed above — a transaction originates when your bitcoin wallet broadcasts it to the network — letting everyone know that it would like to send some coins to a person you’ve chosen. Once this transaction is verified by miners on the blockchain, it is complete and the coins are transferred. A bitcoin wallet is a piece of software that is used to store and manage your coins. **Getting a Bitcoin Wallet** How can you get your hands on a wallet though? There are plenty available online that you can[ choose from the official website](https://bitcoin.org/en/choose-your-wallet). Setting one up on your computer involves downloading the client (the node), and setting a password to it. Remember to store this password in a safe place, as you’re unlikely to recov er your wallet if you lose your password. It’s much easier to set up your wallet on exchanges like [Unocoin](https://www.unocoin.com), of course. It also offers the added benefit of being able to buy and receive coins from others, via Unocoin, without having to go through the technical hassles of an offline wallet. Bitcoin exchanges however, are a world of their own we should dedicate a separate post to. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_ultimate_guide_to_bitcoin_part_1)**More** Of course there’s a lot more to bitcoin. But again — this fascinating currency is going to need dedicated posts for all its sub-concepts. In the next post, we’ll discuss the inventor of bitcoins, [how you can buy and sell (or store) bitcoins](https://www.unocoin.com/videos/english/buy), how you should keep them safe, what the future holds in store for the currency! Stay tuned, and perhaps sign up on Unocoin while you wait? 😉 **Recommended read:** Curious about Bitcoin? — [Link](http://www.deccanchronicle.com/technology/in-other-news/250717/curious-about-bitcoin-click-here-to-know-more.html) **Categories:** Blog --- ### [The Ultimate Guide to Bitcoin — Part 2](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-2/) **Published:** August 5, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*GmmdWLsb-C_6NBUX0ebtXQ.jpeg)The Ultimate guide to bitcoin — Part 2The bitcoin protocol and the reference software client works on any computer or smartphone. It’s been extremely scalable so far, and has managed to support billions of devices using its blockchain simultaneously. Oh and while it is at it, it also functions as an extremely valuable currency, helping people make payments anonymously, and even solves the double spending problem. Bitcoin as we know it today was introduced in 2008 by a pseudonymous inventor known as [Satoshi Nakamoto](https://en.wikipedia.org/wiki/Satoshi_Nakamoto). He was the one who mined the first block of bitcoin — called the ‘genesis block’ — the beginning of the blockchain as we know it today. His real identity is never disclosed and still remains unidentified despite numerous attempts by hundreds of people to locate him. Today, Bitcoin protocol development is being controlled by numerous developers all over the world and no-one really shares pure ownership. In a [previous post](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1-3eb08949e5d7), we explained the very basics of bitcoin — how bitcoin works, the underlying blockchain technology and its promise. Let us now move onto understanding the essential part for a currency — how to transact in bitcoin. ### Transacting Bitcoins Bitcoin is a currency. So it needs to change hands. So what are the available options for exchanging bitcoin today? #### Person To Person Exchange This option is basically similar to money/gold/commodity exchange. Two people decide on a price for one bitcoin token and trade (you can always go to [bitcoinaverage.com](https://bitcoinaverage.com/) to find out current average market price). The buyer sends their wallet address or their public key. The seller sends the bitcoin, collects cash from the buyer and both are good to go. In essence, it’s a one buyer-one seller trade. However, you’re likely to use this method when you’re less educated about the subject at hand, and chances are you’ll end up overpaying. #### Public Exchanges Just like a stock exchange, virtual marketplaces for bitcoins exist too, with people looking to buy and sell bitcoins at an agreed market price. Current market value per bitcoin is discovered based on supply and demand of bitcoin. A public bitcoin exchange provides a much efficient environment for people to buy and sell cryptocurrency securely. You are advised to sign up only on exchanges which follow strong verification & security measures, especially when you are linking a bank account and moving fiat currency. ### Acquiring Bitcoins We’ve thus far established the multiple ways of exchanging bitcoins. Now of course, exchanging bitcoins involve sellers who have acquired some in first place. Let’s begin with acquisition and figure out how you can get your hands on some of this digital gold. ![](https://cdn-images-1.medium.com/max/800/1*yLvK85u3qHdAm4k0ivZWbw.jpeg)Bitcoin Mining#### Mining As we noted earlier, mining is a process of record-keeping or validating the transactions over the network. There is a cap of 21 million bitcoins that could ever be created through a rewarding process called mining. The rate of creation halves (reduced by an order of two) every four years until the cap is reached. Due to a very limited supply with a growing demand has pushed up the competition amongst miners. Mining has already become pretty tough and infeasible for a regular user, and is no longer an efficient way to acquire bitcoin for an individual. Why? Because you’re likely to spend more on electricity costs by running your machine to mine than the value you may earn by mining coins. It’s very inefficient (ofcourse this equation varies according to region)! #### Selling goods and services for bitcoin A pretty obvious way to acquire bitcoin (for the fact, anything else!) and rather easy way to acquire to sell goods & services by accepting bitcoin for payments. This is easy and more suitable for the already running businesses or self employed individuals. #### Trusted Exchange Services Simply head onto one of the most trusted bitcoin exchange (like [Unocoin](https://www.unocoin.com)), signup yourself, and you’ll be provided with a ready made bitcoin wallet without having to set an offline one up and dealing with its hassles. You can then proceed to buy bitcoin from the exchanger using your bank account, credit/debit cards or one of the many other means. #### Public Exchanges You could even buy bitcoin directly from other real-world people without the need to trust by joining a peer-to-peer bitcoin exchange. Once you’ve acquired bitcoins, you can either spend them or even sell them for a profit (with the price appreciation). With a consistent meteoric rise, it is hard to imagine why you shouldn’t be interested in acquiring bitcoin for yourself. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_ultimate_guide_to_bitcoin_part_2)### Selling Bitcoins #### Trusted Exchanges Third party exchanges act as intermediaries who can facilitate trade between multiple users without a need for trust. You place a ‘sell order’ (just as you would place a buy order) stating the volume (amount), type of currency you wish to sell (bitcoin in this case) and the price per unit you wish to sell for. Liquidity problems or issues with banks may exist with exchanges often. Therefore, careful research of exchanges is the key. Mind checking out [Unocoin](http://www.unocoin.com)? #### Peer-to-peer Trade Certain platforms help to bring together two groups of people together with complementary and specific needs. The first group of individuals are who want to use bitcoin for buying goods from websites which do not accept digital currencies yet. The second set of users are those looking to buy bitcoin with either a credit/debit card. The marketplace brings together these individuals with matching requirements to effectively enable bitcoin spending for one and provide an easy method to buy bitcoin for another. [Purse](https://purse.io/) is one such platform to engage in peer-to-peer trades. #### Selling in person You can always resort a last priority to trade your bitcoin with an unknown user in person without the requirement of any third party or platforms using mobile devices and accepting cash or any mode of payment suitable. There is a high risk associated with this method in term of privacy loss and criminal activity association. ### Storing and keeping your bitcoins safe To transact in bitcoin, you are required to store them somewhere safe. And like any other currency, giving anyone the access to your bitcoin wallet would expose you to theft and fraud. How should you then go about securing your digital gold? #### Offline wallets (for large volumes of bitcoins) Using online wallets such as those on Unocoin are very convenient and secure. However, it is a better idea to move them to an offline wallet that you hold yourself if you’re storing large amounts of bitcoin. You can always liquidate/sell them back on platforms like Unocoin whenever you need to. They’re only one transaction away! #### Use 2-factor authentication Enable 2 factor authentication on your online wallets to reduce the chances of a hack or any other malicious attempt to access your bitcoins. Enabling 2FA should keep you protected for the most part. ### The Future of Bitcoins ![](https://cdn-images-1.medium.com/max/800/0*TaiQmG4eyr_h4dQw.)(Source: Zerohedge)If you’d purchased Rs 1,000 worth of bitcoins in 2011, your bitcoin stash would be worth Rs 44 lakhs right now. Let that sink in for a moment. When you’re done regretting — consider if it makes sense for you to invest in bitcoins now. Does it? Of course. The supply of bitcoins is limited — fixed at 21 million over the next 100 years. But the demand shall continue to rise as more and more people join the currency. Result? Prices will head-in only one direction — UP! Any time is a good time to join the bitcoin bandwagon. In fact, you could get started right now on Unocoin! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_ultimate_guide_to_bitcoin_part_2) **Categories:** Blog --- ### [The Man Behind Bitcoin: Satoshi Nakamoto](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto/) **Published:** August 11, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*eZEIFJa6cocuHHYv.)The man behind Bitcoin: Satoshi NakamotoLet us talk about the entity behind the creation of Bitcoin — the first globally successful cryptocurrency. Let us talk about the man whose work has spawned perhaps the single biggest innovation after the internet well known as blockchain technology. Let us talk about the man himself — Satoshi Nakamoto. Satoshi’s name has hogged the headlines ever since he launched Bitcoin in 2008, but researchers have been unable to put a face to this man’s identity. Satoshi Nakamoto is claimed to have been born in Japan in 1975. He continued to be actively contributing to bitcoin development from 2008 till late 2010. Post that, his name mysteriously vanished from the community. Gradually emails, forums, blogs about bitcoins and everything else from him began to disappear. There has been a lot of speculation about him, his identity and contribution to cryptocurrency. Today, we’ll try to unmask whatever we can. ### The name ‘Satoshi Nakamoto’ may apparently not even represent the real name of bitcoin’s creator. So far it is not even known if this name represent a single person, or a group of people operating in the world of cryptocurrencies. It is claimed that Satoshi Nakamoto is an imaginary name, a pseudonym, adopted by the creator of Bitcoin. The search for the real Satoshi Nakamoto has been endless with one misidentification after the other, mostly created by journalists around the world. Till date, there is no solid basis for his existence. ### His Work Communication with Nakamoto has always been via digital means and that is why it has been very tough to unravel his identity. The only real information about Satoshi Nakamoto is his research paper **(“Bitcoin: A Peer-to-Peer Electronic Cash System”)** published in 2008. In this paper, Satoshi delves into details about solving the issue of **double spending** with Bitcoin and the use of **peer-to-peer technology** to this end**.** A solution to this issue is the use of third-party wallets to direct and supervise the transactions. Nakamoto, in his work, has described a decentralized approach to this issue with the formation of blockchains. Blockchain in an elementary sense of understanding is basically the addition of timestamps to a ledger of transactions, serving as a historical proof of work already undertaken. This record cannot practically be tampered with. Therefore, the issue of double spending is taken care of. In 2009, Nakamoto catapulted a software client and released the first units of this cryptocurrency he called bitcoins. He said that he had been working on the digital currency since 2007. Nakamoto also launched a website — bitcoin.org for continued collusion with researchers and developers in the direction of Bitcoin development. At this time, he forked out the source code repository and network alert keys to other people, and decreased his involvement with the Bitcoin project. His name began disappearing and soon completely vanished. Bitcoins in his wallet have remained unspent since 2009. As per the public bitcoin transaction logs, there are roughly one million bitcoins in Nakamoto’s known transactions! We’ll let you do the math on how many billions that is worth. [![](https://cdn-images-1.medium.com/max/800/0*4r2hMtIcIs_SV4WN.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_man_behind_bitcoin_satoshi_nakamoto)### Recent speculations on his identity The identity of Satoshi Nakamoto is still not known to anyone, but there have been multiple sensational half-discoveries that have later never concluded. ### Craig Steven Wright In 2015, an Australian entrepreneur by the name of **Craig Steven Wright** came to be regarded as Satoshi. The claims were made by Wired and Gizmodo magazines. Later Craig Wright himself came forward to confirm the claims. The digital world was set ablaze with opinions which came flying from all cryptocurrency geeks around the world. Wright’s name was everywhere on the internet until he took down all his blogs. Why? He was unable to provide sound proof of the fact that he is in fact, Satoshi Nakamoto. ![](https://cdn-images-1.medium.com/max/800/0*yID3ZR4IRIJ2l5vj.)Craig Steven WrightWright’s blog was replaced by an apology that he did not have enough courage to prove his identity. The apology read as: “I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot” ### Dorian Nakamoto ![](https://cdn-images-1.medium.com/max/800/0*dHFeCywQ-Z6IoDuT.)Dorian NakamotoDorian Nakamoto still remains one of the strongest candidates to fit Satoshi’s figure. A Japanese American living in California, his birth name was Satoshi Nakamoto. He worked as a computer engineer on classified defence projects and with financial technology companies. After being tracked down by a reporter in March 2014, Nakamoto is said to have said this about bitcoins: “I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.” The release of this interview cause an expected excitement in the media, and he was chased by reporters to whom he later said he had misinterpreted the question to be meaning about something else. ### Nick Szabo Szabo was speculated to be Satoshi based on a blogger’s stylometric analysis. Szabo was apparently behind a paper on a virtual currency called ‘bit gold’ — a predecessor to bitcoin that shared many common core traits. He is also said to have been a common user of pseudonyms. In July 2014 however, he denied all such connections, saying “‘Thanks for letting me know. I’m afraid you got it wrong doxing me as Satoshi, but I’m used to it”. The real identity of Satoshi Nakamoto still remains a mystery. It could be said that Wright was one of the co-founders or had some contribution to the development of Bitcoin, but again there is no sound proof. Similarly for Dorian, who bears strong resemblance in work history to Nakamoto, but has dismissed the speculation. We are still to unravel the entire Satoshi Nakamoto mystery, but it would be interesting to see what claims come out in the future. [![](https://cdn-images-1.medium.com/max/800/0*5kb7Rp7uxzEK-F2d.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_man_behind_bitcoin_satoshi_nakamoto)### Also read: **Categories:** Blog --- ### [Bitcoins: Mining vs Buying](https://blog.unocoin.com/bitcoins-mining-vs-buying/) **Published:** August 17, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*NWl5EPC1KIQrA6j6.)Bitcoin: Mining vs BuyingBitcoin is the world’s (and our) favourite crypto-currency, and a rapidly growing method of digital payments used worldwide. Transactions made through bitcoins are verified by the network nodes and are recorded in a public distributed ledger called ‘Blockchain’. But how can you get your hands on some bitcoins? And what does blockchain have to do with this? ### Bitcoin Mining Bitcoins are ‘mined’ into existence. Mining is what the world calls the process of bringing them into circulation. Bitcoin mining involves both verifying transactions on the Blockchain and releasing new bitcoins (as the reward for the verification). The process of mining involves an accumulation of recent transactions into blocks and trying to solve a cipher puzzle. The first participant to solve the puzzle gets to place the next block on the blockchain and claim his rewards. The mining reward which includes both transaction fees (paid to the miner through Bitcoins) and the newly released Bitcoin encourages competition in mining. Since bitcoin mining is decentralized, anyone with a proper connection to the internet along with powerful enough hardware can participate in mining. [![](https://cdn-images-1.medium.com/max/800/0*4MCef4ofxYTLkIU2.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_mining_vs_buying)Use coupon “FBE200” during signup and get free bitcoin worth Rs 200.#### Block rewards The number of new Bitcoins that are released with each mined block is known as the ‘Block reward’. The block reward is halved every 2,10,000 blocks or approximately every four years. This way, the diminishing block reward results in a total number of bitcoins that is always less than 21 million. According to current Bitcoin protocol, 21 million is the cap and no more can be mined after that number has been reached. This cap of Bitcoin is expected to reach in about 100 years. #### Transaction Fees A few bitcoins are included in many transactions, as a reward for the miner who mines the block. These are called the transaction fees. These transaction fees are voluntary by the person who sends a transaction. Whether or not a transaction is to be included in a block, is also a voluntary decision taken by the miner. Thus, users who send transactions can also use transaction fees to incentivise miners to verify their transactions in priority. #### Mining Difficulty The difficulty level of mining depends on the level of efforts being put into mining across the network. Following the protocol which has been laid out in the software, the Bitcoin network repeatedly adjusts the difficulty of the mining after every 2016 blocks or almost every two weeks. This is done with the aim of keeping the rate of block discovery constant. The higher the difficulty level, it becomes less profitable to mine for the miners. Hence, if more are people mining, it is lesser profitable to mine for each of the participants. ![](https://cdn-images-1.medium.com/max/800/0*L_nkkieZzTTdqO-j.)Bitcoin mining ASIC — 2012Over the past half decade, mining has become extremely challenging — it is now futile to mine bitcoins using your computer or even your graphics card. Miners now need ASICs (Application Specific Integrated Circuits) — dedicated machines designed to mine bitcoins. ### Buying Bitcoins Bitcoins can be bought either from exchanges like [Unocoin](https://www.unocoin.com/register) or directly from market places through other people. Like any other commodity, you can purchase bitcoins from anyone holding some themselves. You can get started with buying bitcoins in a variety of ways, ranging from credit and debit cards, wire transfers, physical, hard cash money and even with other crypto-currencies. This is entirely dependent on whom the Bitcoins are bought from and where they or the buyer lives. In fact, some countries even have bitcoin ATMs now. ![](https://cdn-images-1.medium.com/max/800/0*evI5SgVZfTMS6cAp.)A bitcoin ATM#### Exchanges and Online wallets There are a variety of exchanges and wallets that are competing in the Bitcoin business. Some include full blown exchanges for institutional traders and other can include simple wallets with limited buying and selling capacities. [Unocoin](https://www.unocoin.com) is one of the most popular bitcoin wallet offering exchange services in India for both selling and buying bitcoins. They offer both a web portal as well as [mobile application.](http://unoco.in/app) **Advantages of buying bitcoins over mining** - Mining can get really expensive. Costs include buying the miner (a dedicated machine) itself, accounting for its storage, security, electricity costs and even internet costs, its maintenance and the long duration of time and efforts. Therefore, with the amount of initial investment, there are no extra profits. - The value of bitcoins can fluctuate while mining. Bitcoins can deflate in value and remain unstable in cases of technical glitches with the system or bitcoin exchange markets. - **It’s instant** — even the best bitcoin miners can take hours or days to mine their bitcoins. Buying on the other hand — is instant since you’re picking up pre-existing bitcoins. - The transaction fee is negligible compared to the costs for hardware, electricity etc. that you have to bear when mining your own coins. **Advantages of mining over buying bitcoins** - Bitcoin mining allows their users keep a track of their transactions. The bitcoins are untainted. - There is no extra fee that is charged for acquiring the coin apart from the investment in hardware (this itself may be substantial though). ### **Conclusion** There are two sides for bitcoin; both buying and mining have their own pros and cons. Mining, however, is unsuitable for the vast majority of bitcoin users today. If you’re looking to buy some bitcoins, it’d be a good idea to get started on [Unocoin](http://www.unocoin.com). [![](https://cdn-images-1.medium.com/max/800/0*gNVN9lY0-H2qEj6G.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_mining_vs_buying)Use coupon “FBE200” during signup and get free bitcoin worth Rs 200.### Also read: **Categories:** Blog --- ### [What Can You Do With Bitcoins?](https://blog.unocoin.com/what-can-you-do-with-bitcoins/) **Published:** August 19, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*Qx_mn6DXg-rMVJaf.)What can you do with Bitcoin?In most ways, using bitcoins works the same way as using paper money, but with some key differences. Bitcoins do not exist in its physical form, as their primary form of existence is digital. They reside on your wallet or with any online service provider. As bitcoins are currency, many businesses accept them. In fact, certain businesses accept only bitcoin as the mode of payment. That said, bitcoins are being used for multiple other purposes — and the rabbit hole goes pretty deep. Let’s dive into some of them. ### \#1 — Long Term Investment The value of Bitcoins has soared up high in the last few years hitting many high records. In early May of this year (2017), the value of a single Bitcoin increased to almost $3000. However, many are hesitant to invest in bitcoins due to its high volatility — it tends to fluctuate a lot in price. Also because Bitcoins aren’t backed up by precious metals or banks. Yet, even with all of this, investment in Bitcoins can be a worthwhile endeavor. You just need to have a slightly long term outlook. Firstly, bitcoins are experiencing incredible growth. Though there have been large fluctuations, and even theft of funds that had taken place in the past, rapid price recoveries have been staged and bitcoins have come back to their place giving investors massive returns. Secondly, the supplies of Bitcoins is fixed. 21 million bitcoins are scheduled for release in entirety, nothing more or nothing less. But the number of people getting into bitcoin trading is only going to increase. With limited supply and ever-increasing demand, the price can only go up. With a stable monetary base and a stable economy, the value of Bitcoins will never reduce. Finally, Bitcoins may be a very effective way to diversify your investment portfolio. Bitcoins have sprung up into the world, making their way into the mainstream news today. Bitcoin is now being used for everyday transactions, international trading and for many other services. In turn, this has strengthened digital currency steadily. “More and more investors are looking for unique opportunities outside the traditional arena,” writes Bobby Cho for[ The Street](https://www.thestreet.com/story/13259698/1/3-reasons-you-should-consider-investing-in-bitcoin.html). [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_can_you_do_with_bitcoins)Use coupon “FBE200” during signup and get #freebitcoin worth Rs 200.### \#2 — Short Term Trading A long term perspective on bitcoins makes perfect sense. But for a trader, short term trades can be lucrative too. Bitcoin trading can be profitable for both professionals as well as beginners because the market is fragmented with huge spreads and widely available margin trading. Also, compared to most other financial instruments, Bitcoin trading has limited barrier for entry. Firstly, unlike stock markets, there are no official Bitcoin exchanges, because of which there is no official Bitcoin price creating huge arbitrage opportunities. ![](https://cdn-images-1.medium.com/max/800/0*G5P3W4feEf2Um0th.)(Source: Statista, )Secondly, Bitcoins are volatile. They are known for their rapid and frequent price movements creating quick opportunities for traders to reap profits at any point of time. And finally, Bitcoins aren’t fiat currency, that is, their price isn’t directly related to its economy or policies of any country. So Bitcoins are used globally, making trading simpler. **Note**: Bitcoins are subject to market risks. It is highly advised to put only the money that you can afford to lose. ### \#3 — Pay for Goods & Services If you’re not getting your hands on them for pure investment, bitcoins can be spent for multiple things just like any other currency. Physical goods can be bought with bitcoins. There exist a large number of online e-commerce sites that provide Bitcoins as a payment option for a variety of digital content like apps, games, videos, electronics, gadgets etc. across their online platforms. A few of them include Microsoft, Dell, Newegg, TigerDirect and much more such companies. You could also be using bitcoins to obtain discounts. Purse is a peer-to-peer marketplace which match individuals wanting to buy items on Amazon at a discounted price with those wanting to buy bitcoins with a credit card or via PayPal. The service claims a potential discount up to 20% for bitcoin shoppers. ![](https://cdn-images-1.medium.com/max/800/0*FJM1YCTB8jayZKVN.)Accepting bitcoin payments for hotel bookingsBitcoins could also help you pay for bigger ticket transactions like hotel payments and properties globally. This avoids the need for currency conversions and also the need to carry hard cash everywhere. Notably,[ Expedia](https://www.expedia.com/) has announced that it will now accept Bitcoin for all hotel bookings, making it the first major travel company to accept payments in cryptocurrency. Other hotels who accept Bitcoins for their booking include Holiday Inn (New York), One Shot Hotels (A Spanish Chain) and many others. ### \#4 — Charity Finally, bitcoins can also be used for donations! There are a number of sites that provide the opportunity to donate Bitcoins for a good cause. --- Much can be done with bitcoins, especially with its emerging values and opportunities. The big question is — **“How will you use it?”** Whatever you plan to do though, you’ll need to get your hands on bitcoins in the first place to begin with, and [Unocoin](https://www.unocoin.com) is the perfect place to start! [![](https://cdn-images-1.medium.com/max/800/0*BZ8uL0rEuxsbIK8U.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_can_you_do_with_bitcoins)Use coupon “FBE200” during signup and get #freebitcoin worth Rs 200.### Also read: **Categories:** Blog --- ### [How can you get Bitcoins in India?](https://blog.unocoin.com/how-can-you-get-bitcoins-in-india/) **Published:** August 24, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*HCYwcCVj68Kty3q4.)How can you get Bitcoins in India?With a 300% increase in value in just a year ([https://bitinfocharts.com/](https://bitinfocharts.com)), Bitcoins are making their way into the world without much effort and are offering very attractive investment options. However, many of us remain new to its concept and workings, left wondering if it is safe to buy, invest, store and sell Bitcoins in India. Where do you get started? ### Are bitcoins legal in India? First off before you dive in, you’d of course want to determine the legal status of bitcoins in your country. Even though countries like Japan and Russia are on the move to legalize the use of Bitcoins in their economies, India, regardless of being at the cusp of a digital revolution is yet to still officially recognize this crypto-currency. “The creation, trading or usages of virtual currencies including Bitcoins, as a medium for payment are not authorized by any central bank or monetary authority. No regulatory approvals, registration or authorization is stated to have been obtained by the entities concerned for carrying on such activities,” the Reserve bank of India has said. In March 2017, RBI Deputy Governor, [R Gandhi had warned against crypto-currency circulation](http://timesofindia.indiatimes.com/business/india-business/virtual-currencies-pose-real-financial-risk-rbis-gandhi/articleshow/57410724.cms). “They pose potential financial, legal, customer protection and security-related risks.” he said. “Payments by such currencies are on a peer-to- peer basis and there is no established framework for recourse to customer problems, disputes, etc. Legal status is definitely not there,” he added. However, Bitcoins are not unequivocally banned in the country. There’s simply no rule to regulate them yet — thus they are legal, since they haven’t been rendered illegal. [![](https://cdn-images-1.medium.com/max/800/0*-C9Kdf9G1hF1QYsz.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_to_get_bitcoins_in_India)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### How can you obtain bitcoins in India? Unlike paper currencies, bitcoins cannot be minted; they can only be mined or bought. There can only be 21 million Bitcoins that can ever be created/mined. At the time of writing this article, about 16.8 million or 80% of all the Bitcoins have already been mined. Should you mine bitcoins or buy them? Our [Bitcoin mining vs buying guide](https://blog.unocoin.com/bitcoins-mining-vs-buying-8610b1b0c0b6?source=collection_home---6------1----------------) here should help you decide. There are multiple ways to to buy bitcoins in India. #### **Cash** The first (and least convenient) method is to buy bitcoins in cash from other sellers. This method usually involves a direct meeting between both parties, and is less safer than the other option — buying online via your bank account. #### **Online** In India, [bitcoins can be purchased online](https://www.unocoin.com/register) from exchanges like [Unocoin](https://www.unocoin.com/). Unocoin provides services that include Android and iPhone apps that let you link your bank account for rapid transfers. They can also be bought by making a payment to Unocoin’s bank account. To be able to store purchased or mined Bitcoins, a bitcoin wallet is needed — either on your device (computer or smartphone), or on the exchange you hold an account with. A high level of security is essential when storing bitcoins on online wallets, and exchanges usually make sure such measures are enforced. Take Unocoin for example — the wallet addresses they use for offline storage are generated on a computer that has never and never will be connected to the internet. This serves as a crucial security measure against theft, loss and hacking. The address-private key pairs obtained are encrypted using AES-256, sealed in envelopes and stored in multiple safe deposit lockers. ![](https://cdn-images-1.medium.com/max/800/0*m9zhFnTYUCjLW-AO.)Introducing Unocoin mobile application to buy, sell, send & store bitcoin on the go.### How does Unocoin work and what is the registration process? As a verified Unocoin user, you will be able to trade, transact with, accept and store bitcoins. You can easily transact Bitcoins with your friends using Unocoin. How you can get started with Unocoin: 1. **Registration:** Visit the [Registration page](https://www.unocoin.com/register), and enter your email id along with a password you wish to set. You will now receive an email with a validation link. Please click on this link to verify your email id. 2. **Verification:** Navigate to the ‘Edit Profile’ page on ‘Account Settings’ (menu on the left) and enter the requested details. Enter your Name, PAN number, phone number and your address. In the subsequent form, upload a scanned copy of your PAN card and a valid address proof with a photograph. You will receive a phone call verification from one of our team members for verification, once completed your account will be verified and ready for use. 3. **Verified Account:** Once your account has been verified, you will be able to buy and sell 10 BTC/day with no limits on sending and receiving BTC. Regular and continued buy/sell transactions over a period of 60 days will upgrade your account to premium ‘Gold Member’ service with lower transaction fees and higher buy/sell limits. The last step would be to add your bank account details to your profile by visiting Account Settings > Bank Accounts. ### Why should you buy bitcoins in the first place? Despite the RBI’s reluctance to recognize bitcoins officially, bitcoin interest in India has not waned. After Prime Minister Narendra Modi’s demonetization act was announced in 2016, Unocoin saw a rise in its user base to 1,20,000 after demonetization. The value of bitcoins is not expected to reduce as there are limited numbers of bitcoins that can exist. Moreover, the demand for these coins is only going up with large number of people showing interest in investing in this crypto-currency. Given the population and increase in internet penetration of India, bitcoin can provide a great leap for the virtual currency usage. [![](https://cdn-images-1.medium.com/max/800/0*28QcFZg4aJz4DYb9.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_to_get_bitcoins_in_India)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.--- ### Also Read: **Categories:** Blog --- ### [The Rise & Rise of Bitcoins](https://blog.unocoin.com/the-rise-rise-of-bitcoins/) **Published:** August 26, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*1Xt5jOlewaiP20E6H4cvPA.jpeg)The Rise & Rise of BitcoinsThere are many, many questions that surround Bitcoins. Ranging from how they have become so valuable, to their future viability. The most common one is perhaps — “Who created Bitcoins?” ### Quick History There is no straightforward answer to this question. The identification of bitcoins’ inventor remains a mystery. All that we have is a pseudonym — Satoshi Nakamoto — and we’ve [covered Satoshi Nakamoto extensively](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056?source=collection_home---6------2--------------) in a previous post. Nakamoto’s accounts are no longer active and the coins in his wallet too have never been spent. Satoshi Nakamoto has disappeared from the world, or so it seems like it. However, we do have some interesting facts about the rise of these currencies: - Firstly, on October 31st, 2008, “[Bitcoin: A Peer-to-Peer Electronic Cash System](https://bitcoin.org/bitcoin.pdf)” was posted to a cryptography mailing list which was published under the name “Satoshi Nakamoto”. This whitepaper had outlined the foundation of how the Bitcoin would operate. - Secondly, on August 18, 2008, an unknown entity registered the Bitcoin.org domain. - And finally, on January 8th, 2009, the first version of [Bitcoin was announced](http://www.metzdowd.com/pipermail/cryptography/2009-January/014994.html), and shortly after, Bitcoin mining began. [![](https://cdn-images-1.medium.com/max/800/0*1KI8wR2C5hd48k02.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_rise_and_rise_of_bitcoins)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### The Growth and Value History Of Bitcoins Until 2013, almost all markets that consisted of bitcoins were in US dollars. In the beginning of April in 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100. Again in late June 2013, the price dropped steadily to $70. However, the price began to recover steadily, peaking once again on October 1st that year, at $140. On October 2nd, [The Silk Road](https://en.wikipedia.org/wiki/Silk_Road_%28marketplace%29) was seized by the [FBI](https://en.wikipedia.org/wiki/FBI) causing a flash crash to $110. Yet, the price rapidly rebounded, returning to $200 several weeks later. In April 2014, the prices fell to around $400, before rallying in the middle of the year. It then declined to around $200 in early months of 2015. During May-June 2016, there was a large spike in the value of Bitcoins which reached up to $750. By the end of September 2016, this value was stabilized. However, Bitcoins took a large growth pill in the second quarter of 2017, where prices have now doubled from $1200 to over $2500. As of early August 2017, the value of a Bitcoin is equivalent to $3900. Clearly, there’s no stopping bitcoins. Minor setbacks aside, the price will clearly only increase. Why though? This brings us to its next aspect — acceptability. ### Acceptability of Bitcoins Bitcoins are still more perceived as investments than payments as of now. As their mainstream acceptability continues to grow, proper regulation will follow. Digital currencies became very popular among tech businesses as they needed transferring of large amounts of funds overseas. Bitcoins also became famous amongst the criminal class for drug dealing and money laundering online. While some countries have explicitly allowed use and trade of Bitcoins, certain others have banned or have restricted it. ![](https://cdn-images-1.medium.com/max/800/0*QXA-z5MD_3MDp_bf.)(Image source: Bitconist.com)As of now, the general acceptability of Bitcoins is lower than other payment methods and currencies. This is especially due to the fact that the concept of crypto-currencies is still new to the mass. An interesting turn of events is the acceptance of Bitcoins in the educational industry. Several colleges around the world have begun to accept Bitcoins as a means of payment. This is a move which will easily help bring cryptocurrency right into the mainstream. Finally, the acceptance of Bitcoins, in general, has already made many companies consider genuine investment opportunities in the currency, further fueling its journey into the mainstream world. Hence, it is not extremely unusual to find savvy businesses accepting Bitcoins as a payment method for most goods and services. ### Market Capitalization Market capitalization is the total dollar market value of a commodity. The investment community uses this figure in order to determine its economic size, as opposed to using sales or total transaction figures. Bitcoin’s market capitalization now (at the time of writing this article) stands at $31.89 billion. The currency is now seeing over $129 million in 24-hour trades making it the fourth highest trading volume across global cryptocurrency markets. A large number of factors are responsible for the rise of Bitcoins all the way from an increased trading in Japan to debates over the future of Bitcoin’s underlying technology. ### A Bitcoin Future It’s necessary to understand that, much like the early days of 1992, Bitcoin is a new technology — and new technologies take decades to reach critical masses. But, just like the Internet, [no one wants to miss out on the ‘next big thing’](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1-3eb08949e5d7?source=collection_home---6------4--------------) — and bitcoin has more or less established itself as one of those. [![](https://cdn-images-1.medium.com/max/800/0*w_3hPnlYfuqh7RDJ.)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=the_rise_and_rise_of_bitcoins)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### **Also read:** **Categories:** Blog --- ### [How has Bitcoin changed the global economy?](https://blog.unocoin.com/how-has-bitcoin-changed-the-global-economy/) **Published:** August 31, 2017 **Author:** Unocoin Growth **Content:** Over the past few years, Bitcoins have been gaining significant importance around the world. Indeed, it is the world’s leading crypto-currency and the year’s best-performing currency. It has gained a staggering 35 percent across last year. Achieving this recognition has not been easy. Its association with crime, that is, the money laundering and narcotics through the infamous online black markets like Silk Road & Alphabay, and the alarming amount of price volatility left regular financial-market participants wary due to its potential risks. ![](https://cdn-images-1.medium.com/max/800/0*8kQFrx8Yj1zdzLie.)How has Bitcoin changed the global economy?### Effect of Bitcoin on Banks and Industries The potential impact of the digital currency on the central banking should not be taken lightly. The Bank for International Settlements (BIS), jointly owned by the world’s leading central banks, noted in November that **bitcoin could interrupt the ability of central banks to exert control over the economy, as well as issuing money**. As of now, many central banks are closely observing developments in the growth of bitcoin. Many others, however, have already responded by sending out proposals for the issuance of a digital version of their fiat currencies. The central banks of Canada and Ecuador are a few among the first to explore such opportunities. In recent years, the influence of Bitcoin has brought change to variety of industries. Industries that have begun to accept Bitcoin as payment are mostly online companies themselves. The company [Cheapname](https://www.namecheap.com/), that provide services which involve domain name registry, is accepting bitcoins as a mode of payment. Other digital companies like WordPress, which provides resources to set up professional and private blogs accept bitcoins. The company Steam — is a computer game distributor and a general gaming platform — accepts these currencies too. The success has even brought Bitcoin from the digital realm to the real world. A founder with a well-documented penchant for R&D and all things state-of-the-art, it is sort of predictable that Virgin Galactic accepts bitcoin as a payment method. The same also holds true for a car company — Tesla and its founder- Elon Musk, which accepts Bitcoins. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_has_bitcoin_changed_the_global_economy)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Bitcoin’s Political Impact Bitcoins bring with themselves a good amount of political controversy. This is because no single government can entirely control them. They are an explicit form of wealth for individuals alone, and no state can expropriate that because of the cryptography that they are built on top of. Now, people are gradually coming to understand that cryptocurrencies are better forms of money because they are governed by code alone, making them a digital sacrosanct contract. ![](https://cdn-images-1.medium.com/max/800/0*arZcYdD-nbGhw5fO.)The effect of virtual currencies on society hasn’t been fully realized yet and will not be felt either immediately. Despite the generation of virtual currency, it has barely managed to [reach the surface of the mainstream society.](https://news.bitcoin.com/2016-year-bitcoin-adoption-goes-mainstream/) Most people still are yet to hear about Bitcoin and how virtual currencies work. But a large number of vendors are now beginning to pick up bitcoins for payments. And it’s only a matter of time until many more of them follow the suit. ### Bitcoins effect on the global future Today, typically almost every digital and international transaction involves use of one form or another of virtual currencies or credit. Hence, bitcoin is designed to provide the same security guarantees and the convenience of credit while foregoing its extra processing times and fees. ![](https://cdn-images-1.medium.com/max/800/0*zcD14hZVu1196XQL.)(Source: The Hindu Business Line)The arena with the biggest potential for bitcoin all around the world is probably international remittances — that is, money sent home by workers who are earning abroad. Right now, this money has to be handled by several intermediaries including banks, wire services, and other currency exchanges. A recent [report study by *Businessweek*](http://www.businessweek.com/articles/2013-10-08/will-migrant-workers-drive-bitcoins-mundane-future) showed that the average fee paid for remittance services was 9% of the money transferred, with conversion to cash often costing an extra 5 percent. Western Union’s profit margins for intermediation are huge at almost 16%, and most of its costs are due to the technologies involved in moving money from one place to another, guaranteeing the legitimacy of the transaction. In brief, Western Union expends in billions just to do what Bitcoin can do or does for free. With the increase in acceptance of Bitcoins across various industries, its impact is only likely to increase. Want to jump on the bitcoin bandwagon? Get started on [Unocoin](http://www.unocoin.com). [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_has_bitcoin_changed_the_global_economy)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoins: Investment vs Trading](https://blog.unocoin.com/bitcoins-investment-vs-trading/) **Published:** September 7, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*NYv5Cpz4xqJSN7OaeVrNTA.jpeg)Bitcoins: Investment vs TradingThe hype behind bitcoins is almost a household name now. With people from all over the globe, especially India, rushing in to join the Bitcoin bandwagon, a common question they face is whether they should invest in the currency and stay at it for the long haul, or do quick trades and make money at the highs and lows. To better answer this question, an understanding of investments and trading concepts is imperative. Let’s dive in. ### Investment vs Trading Both investment and trading methods are used by investors and traders for monetary gain. There is always a dilemma about which one of the mentioned is better in giving returns. While that is debatable, some other facts are not. For a long time, people have been confused about which one is a better option. There is no definite answer as both can give you great returns. It depends on with which one you are more comfortable with. Which one you can pull off better. Great investors believe like Warren Buffett, Peter Lynch and Benjamin Graham believed in value investing and made great fortunes by investing in great stocks. - Investment is primarily focused on holding the assets and waiting for long periods until it gives good returns. Investment is a long process and if you are willing to research well and have patience; it can be fruitful for you. Wild guesses in long-term investments or speculation can lead you to trouble. - Meanwhile, trading is a short term ‘buy’ and ‘sell’ method where you will buy for a short period of time and sell as soon as you are making reasonable returns. You will then repeat this process at the high and low prices. ‘Stop-loss’ is a very important factor if you are willing to trade. Trading can be a risky business as well as very profitable; if you are not doing it correctly, you can end up losing a lot of money. In the case of Bitcoin, things are little different because of its high volatility. Bitcoin’s price has witnessed some wild fluctuations over the years, which is why many initial investors were hesitant to get into it. Now, having observed bitcoins for more than half a decade, we are in a better position to recommend an invest/trade call on Bitcoin. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_investment_vs_trading)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Investment in Bitcoin Investing in bitcoins is very much similar to investing in securities. It is known fact that Bitcoin has delivered humongous profit in the last 6–7 years. No other investments have shown such growth in recent times. If you had invested Rs 4,500 about 7 years ago, **you would have been richer by a staggering Rs 459 crores today.** This fact has attracted a lot of investors to bitcoins around the world. Even more thanks to [Satoshi Nakamoto](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056?source=collection_home---6------4----------------), who programmed bitcoins to have a finite quantity. A limited number of bitcoin will result in high demand, and high demand will ultimately hype bitcoin prices in the market since more investors will continue to come in. This is an obvious observation according to the ‘law of demand’ of economics. Investors can get started on bitcoin by buying it off [exchanges like Unocoin](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_investment_vs_trading). ### Trading in bitcoin Fluctuation is the most opportunistic property of bitcoin. Bitcoin is known for its high volatility in the market. Its fluctuation is much higher compared to shares, commodities or mutual funds. However, this shouldn’t be something to worry about. Intelligent trading can be very advantageous for you. Waiting for the prices to go down, grabbing them at the right moment and selling them when the price gets higher can be very profitable. Investors get edgy when they see this volatility and exit their investments. So arguably, trading in bitcoin could be somewhat better than investing in it. Buy at low & sell at high. Take a look at bitcoin’s edgy price charts to let the volatility sink in. ![](https://cdn-images-1.medium.com/max/800/0*Jlt-KUbDw56RUwSW.)Source: blockchain.infoIdeally, it can be argued that trading is a better option than investing in bitcoins. But, an undeniable fact is that Bitcoin has delivered huge profit to investors as well. There is no doubt that bitcoin has favoured the brave investors who stayed invested in it. Regardless of whether you invest in bitcoins or trade in them, diving into the bitcoin world is something no longer a matter of debate. [Get started with bitcoins on Unocoin now](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_investment_vs_trading). [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_investment_vs_trading)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.--- ### Sources & Research: --- ### Also read: **Categories:** Blog --- ### [What are cryptocurrencies?](https://blog.unocoin.com/what-are-cryptocurrencies/) **Published:** September 9, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*3yCkQlIU6g85EYt8.)What are cryptocurrencies?When we hear the word cryptocurrency, the principal term that strikes a chord is ‘Bitcoins’. Bitcoin was the first and is most critical digital currency, brought to us by [Satoshi Nakamoto](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056?source=collection_home---6------6----------------). Cryptocurrencies are absolutely virtual and don’t have a focal body to keep a record of your information. Your cryptocurrency can be totally wiped out if, god forbid, your PC crashes and there is no accessible backup of your possessions. An encryption method is utilised for the control of the units created and confirm the exchange of assets. It is exceptionally simple to transfer and exchange funds using cryptocurrencies. These exchanges are done between two parties by the utilisation of a public and private key. The utilisation of these keys for security is a fundamental technique of cryptography — that’s why they’re called cryptocurrencies. However, there are also negative consequences of this — the anonymous nature of cryptographic money encourages money laundering and tax evasion. Transactions done through digital currencies are irreversible. On the off chance that you send the money; you are not getting it back unless it is sent back by the receiver. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_are_cryptocurrencies)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Uses of cryptocurrencies Investing into a cryptocurrency can be exceptionally advantageous to you, as it has many uses that would interest you. Bitcoin finds itself [being used in a bunch of transactions in India](https://blog.unocoin.com/what-can-you-do-with-bitcoins-e8d0943f2db9?source=collection_home---6------2----------------). - **Investment:** As cryptographic forms of money are very new in the financial market, putting resources into it can be extremely productive for you as the market’s speculation can give enormous returns. Just [look at bitcoin’s rise](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27?source=collection_home---6------0----------------)! However, this doesn’t mean it is predictable — currencies also tend to be volatile. - **Donations:** Your transactions are absolutely anonymous and safe. Along these lines, it is an ideal method for donating to an association (or political party?). Peer to peer sharing of cryptography ensures that it spans to the proposed hand safely. - **Anonymous Payments**: Payments utilizing cryptocurrencies are quick and dependable. They guarantee security and can spare you a great deal of time in making sure payments go through reliably. ### Advantages Elaborating on this discussion, there are plenty of reasons you \*should\* be using cryptocurrencies: - **Fraud**: Cryptocurrencies are advanced and virtual. Thus, they can’t be forged. Expect complete security (unless you do not follow safe practices). Once sent, transactions are not getting reversed. - **Immediate settlement**: Digital currencies can be designed to hold “property rights database”. It can be utilized to kill third-party involvement in your transactions. Buying land can become a lot simpler. The time required to arrange for the settlement is less. - **Transaction fees**: The transaction fees for cryptocurrencies are negligible — never nearly as much as what banks and financial corporations charge. - **Easy access**: The internet is everywhere. But access to credit? Not so much. Guess which of the two between cryptocurrencies and credit cards will make it to people first. - **International consistency:** Since there are no regulatory bodies, no one is stopping you from using these coins, globally. Use them in India, and in the US as well! ### Most common cryptocurrencies - Bitcoin is of course, the most commonly used cryptocurrency. It was introduced in 2009 and was created by ‘Satoshi Nakamoto’. It has a market capitalisation of around $45 billion as of July 2017. - Ethereum was developed in 2015. It is the second most valuable and popular cryptocurrency presently. It has a market capitalisation of around $18 billion as of July 2017. - Litecoin is very similar to bitcoin. It has quickly adapted new upgradations such as faster payment processes to allow more transaction throughput. The total value of Litecoin is around $2.1 billion lately in the first half of 2017. In this day and age of new development, cryptocurrencies have made a mind boggling debut and have been extremely prominent from that point on. They have been a monetary sensation, and individuals everywhere throughout the world are presently busy investing into them. If you haven’t begun already, it’d be wise to get started with bitcoin on [Unocoin](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_are_cryptocurrencies), India’s first bitcoin exchange! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_are_cryptocurrencies)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [How private is Bitcoin?](https://blog.unocoin.com/how-private-is-bitcoin/) **Published:** September 14, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*XlmCkWmgAjWrRHDaNZD1lQ.jpeg)How private is bitcoin?Bitcoin has always been described as an anonymous payment network. However, in reality, bitcoin is actually one of the most transparent payment systems on the planet. Sounds conflicting? Is Bitcoin really as private as we think it is? Before we delve deeper, it is important to grasp the difference between privacy and anonymity, as there is a tendency for the two to overlap in our understanding. ### Anonymity vs. Privacy Anonymity refers to ‘unknown authorship or origin’. In other words, Bitcoin transactions would be considered anonymous if no third party knew about the transaction executor. On the other hand, privacy here refers to ‘not being known or intended to be known publicly’. A Bitcoin transaction would be seen as private if no third party knew had access to transaction details such as purpose and amount. The difference needs to be kept in mind because Bitcoin transactions are usually anonymous, but are not private. Identities are not recorded in the Bitcoin blockchain itself. But every confirmed Bitcoin transaction is permanently etched and is visible in its blockchain. ### Bitcoin Traceability While the identities itself are not stored in the blockchain, the addresses of the wallets are. These addresses are used by the network to locate where they are sent. Since all transactions are broadcast to the public in the Bitcoin blockchain, the public can view the flow of Bitcoins from one address to another. This level of transparency of the Bitcoin consequently allows the Bitcoin transactions to be tracked as well as traced and is essential for bitcoin to succeed as a decentralised currency, as everyone on the network can verify transactions. Since most users access Bitcoin through portals that require them to reveal their identities (via processes such as KYC), their activities can be linked to their identities by law enforcement agencies if required. Of course, the agencies would need a good reason for this. For many [Bitcoin users who use the currency](https://blog.unocoin.com/what-can-you-do-with-bitcoins-e8d0943f2db9?source=collection_home---6------2----------------) through online wallets or exchange services, their participation at the outset includes linking their personal identity to their Bitcoin holdings. And at this point, Bitcoin becomes no more anonymous than any usual bank account. Again, this is only for law enforcement and not the public at large. “If you give anyone your bitcoin address, then everyone all over the globe can find out what the balance in that wallet is,” says Sharan Nair, Vice President — Marketing and Communications at Unocoin. Emphasising on not to give out your address — since it is important to note that nobody can associate the bitcoin wallet with you unless you specify it. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_private_is_bitcoin)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Transaction Ledger There is no limit to the number of addresses that a Bitcoin holder can control. All Bitcoins can be stored in a single wallet or can be distributed into many wallets. This abundance of wallets makes it difficult to track the flow of funds controlled by a person. For example, if you’re storing your bitcoins on [Unocoin](http://www.unocoin.com) (which is India’s first bitcoin exchange, by the way) — there is no one single address that will be assigned to you. So determining your balance will be difficult for any third party. ### Irreversible Transactions Transactions that occur with bitcoins are irreversible. Unlike cash, a bitcoin payment requires third-party verification. This happens over a global peer-to-peer network of participants, which validates and certifies all transactions on the blockchain. So each network participant is required to maintain the entire transaction history of the system. Therefore, bitcoin identities can be considered pseudo-anonymous, in the sense that even though they are not explicitly linked to specific individuals or organizations, all transactions are completely transparent. ### What can be done? The fact that all transactions are permanently recorded and announced publicly should be a constant reminder to the users that Bitcoin is certainly less anonymous than cash. At the same time, it much more ‘private’, since you’re never going to have to be physically present during a bitcoin transaction. You’ll be doing them online. However, there are improvements that are coming up in the works that could focus on Bitcoins’ privacy and anonymity. One such example is bitcoin tumblers — which take your coins, mix it up with their own, and then disperse those for payment. So those coins can not be traced back to you. ![](https://cdn-images-1.medium.com/max/800/1*oBAkfJMHe-oPpn8AW-tjmw.png)(Source: [bitaddress.org](https://www.bitaddress.org))As bitcoin adoption continues to rise, a question does arise — will a technology race arise amongst the anonymizers and the de-anonymizers? On the one hand, increasingly refined data mining schemes will be developed to trace the movement of funds in the blockchain between individuals and across the borders. However, on the other hand, improved techniques will also be formulated to conceal individual identities and activities. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_private_is_bitcoin)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Decentralisation Simplified: Who Controls Bitcoin?](https://blog.unocoin.com/decentralisation-simplified-who-controls-bitcoin/) **Published:** September 16, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*609y-xuy4sLXTWrF.)Decentralisation simplified: Who controls Bitcoin?The advent of modern technologies around blockchain and digital currencies has opened the avenue up to innovative governance models. The US Dollar, printed by the United States Mint with permission from the United States Congress is legit and worth its value because it is backed by the United States government. However, in the absence of the government, the value of the US Dollar would sink as there would be no entity maintaining the value of the currency. On the other hand, the peer-to-peer network of digital currency, Bitcoin does not rely on a central authority. Bitcoin, the first crypto-currency based on blockchain technology, was created as a peer-to-peer payment network that provides its users the flexibility to transfer value without the involvement of a central authority or third-party owner. This concept of redistributing or dispersing functions, powers, people or things away from a central location or authority is called decentralization. ### Why is Decentralisation vital to Bitcoin? Any node of the P2P network is not solely responsible for the respective blockchain. Bitcoin works on the key fundamental that as long as each peer is connected to a single peer telling the truth, even if every other is lying, the chain continues. Relying on trusted entities for determining the truth removes the onus from any individual entity. Centralized systems can easily be censored. Censoring transactions allow third parties to prevent the flow of transactions to or from certain sources. While governments form a significant censorship framework, any system that depends on centralization, is equally threatened by any controlling-entity of the network. Decentralized networks on the other hand, “pure P2P networks like Gnutella and Tor seem to be holding their own” as per [Satoshi Nakamoto, the creator of Bitcoin](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056?source=collection_home---6------6----------------). In addition to this, centralized systems can facilitate easy seizure of massive amounts of funds from its users. Banks, for example, can take your funds under legal circumstances. However, Bitcoin users might face some attacks that can be mitigated using time-locked transactions or multi-signature transactions. Decentralized networks ensure that no entity can compel a third-party to release an individual’s funds to them without his/her permission, unlike every centralized financial system. While a centralized network is vulnerable to accesses being blocked by ISP, government, or other authority, decentralized networks like Bitcoin are incredibly resilient to this type of attack. In the rare situation of the Internet being completely shut down, Bitcoin can sustain itself using communication through satellites or shortwave radio. Since there is no single point to shut the network down, one would have to eliminate every node to kill Bitcoin entirely. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=decentralisation_simplified_who_controls_bitcoin)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### The Solution Design of Decentralisation Bitcoin’s core innovation design lies in its decentralized structure. It has no central controlling organization or central repository of information. Without a central management or central point of failure for growth, Bitcoin stands strongly decentralized. While most of the actual services and businesses built within the Bitcoin ecosystem are run by specific people, in specific locations, with specific computer systems, the power is distributed across these nodes. ![](https://cdn-images-1.medium.com/max/800/0*kZgqR9M6OgzVlFDA.)It is important to note that there is a fundamental difference between distributed networks and decentralized networks. While a ‘distributed computing network’ is very robust, decentralized systems like Bitcoin closely resemble a decentralized network and allow network members to participate at all levels. Levels of participation in the forum vary from huge server farms to printed-out private keys and everything else in between. This network is strengthened by allowing every user to participate at the level that suffices his inclination and his capability. Participants who specialize and master the pursued skill set can pull Bitcoin towards becoming the best version of itself. ### The downsides to Decentralization While the concept of decentralizing financial frameworks sounds conducive for our evolving needs, there are a few reasons people still favor centralized networks. Some decentralized frameworks like Bitsquare require users to be logged online for an order to be listed and for completing the trade. This requires users to perform certain actions like signaling when a payment was received. Despite the challenges, it is likely that some people’s faith in Bitcoin and any decentralized currency will be strengthened over time. Decentralization can be a stepping stone towards distributing power from big institutions to everyone else. It is one of the selling points about Bitcoin and a catalyst in reorganizing the world operations. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=decentralisation_simplified_who_controls_bitcoin)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin Success Stories You Didn’t Know About](https://blog.unocoin.com/bitcoin-success-stories-you-didnt-know-about/) **Published:** September 19, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*D0H4bNz9_4B_Xf74SEIzDw.jpeg)Bitcoin success stories you didn’t know aboutConsistently finding itself amidst enormous success, Bitcoin has become one of the most affluent cryptocurrencies in the world, along with other majors like Ethereum, Ripple etc. We could say that it has not reached its peak value — since a lot of people are not fully aware of it and not all bitcoins have been mined out as yet (there is a cap of maximum 21 million bitcoins that can be produced). This means that there lies great scope of investing and earning in coming future. But there are some people who spotted this opportunity much earlier. In its earlier days, bitcoins cost far lesser than they do now. By much less we mean 2000–3000% less! People who invested in Bitcoins in the beginning or even in 2013 or 2015 when Bitcoin was crashing badly have turned into millionaires today. Let’s read more about such people who have amassed fortune through Bitcoin. ### \#1 — Bought and Forgot A man named Kristoffer Koch invested 150 kroner, which is just $26.60 in the year 2009 and bought 5000 Bitcoins. He was writing a thesis on encryption at that time and came across bitcoins during his research. At that time, the currency was in its nascent stage and so after performing this small investment, he entirely forgot about it. It was in April 2013 when there was a widespread media coverage of this strange currency, that Kristoffer remembered that he too owns some bitcoins. ![](https://cdn-images-1.medium.com/max/800/0*rBdzyi03DJP7q9lg.)(Source: Gizmodo)Now since it was a cryptocurrency, it was stored in a secure e-wallet, the password of which Koch had forgotten. After numerous failed attempts, he was successful in logging in, and to his surprise, they were worth $886,000 — or 5.6 crores! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_success_stories_you_did_not_know_about)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### \#2 — A Teenager? Really? ![](https://cdn-images-1.medium.com/max/800/0*BA_mXxevQJ8PYzLN.)(Source: Mashable)In 2012, a 15 year old boy named Erik Finman got motivated to try his hand at investment. On Easter, his grandmother gifted him $1000. Erik bought bitcoins of all the money he had received. Surprisingly, a year later his money was worth $100,000 and he sold all his bitcoins. His successful experience motivated him to open his own company, called Botangle.com. Botangle is a web venture where he provides video tutoring services and he pays all his employees in bitcoins. ### \#3 — Living on Bitcoins 26 year old Olaf-Carlson Wee got hired in a Bitcoin startup named Coinbase in February 2013. At that time, 1 bitcoin was worth $20-$30. He decided to get paid in bitcoins only. According to Olaf, he already knew the great potential of this cryptocurrency. At that time, hardly anyone had heard of bitcoins and so he decided to collect lots and speculate. ![](https://cdn-images-1.medium.com/max/800/0*4I4mvtZ6dEEDXyQs.)(Source: Bitcoin News)This farsightedness of Olaf has turned him into a millionaire today and ever since he first started earning, he makes all possible transactions with the help of bitcoins. He finds it to be a more democratic form of currency. ### What if? What if you had bought Rs 500 worth of bitcoins just seven years ago? How much would they cost today? Well, one would be surprised to hear that seven years ago, one bitcoin was worth just quarter of a cent. This means that Rs 500 bitcoins bought seven years ago could turn a person into a millionaire today! This is true. Rs 500 at that time could be worth 44 crores today! The value of bitcoins had multiplied 879,999 times over since 2010. The beginning of 2017 was a golden year for all the bitcoin owners since after Japan legalised this cryptocurrency, an exponential rise was seen in its cost. The best thing about investing in bitcoins is that since there cannot exist more than 21 million bitcoins altogether, their value is definitely going to increase. And it will not decrease even if there is turmoil in the world economy. Why? This is because it is a limited resource and therefore valuable. Of course it might see its bad days, but there is a meagre chance of value becoming nil altogether. If you haven’t started already, registering on [Unocoin](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_success_stories_you_did_not_know_about) would be a good place to start. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_success_stories_you_did_not_know_about)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Indians are Welcoming Bitcoin with Open Arms](https://blog.unocoin.com/indians-are-welcoming-bitcoin-with-open-arms/) **Published:** September 21, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*Yr85aQiOWdTMuL6C.)Indians are welcoming Bitcoin with open armsEvery other day, there seems to be a new development in the Bitcoin story — particularly on its use, availability, and viability. While the world at large seems to have adopted Bitcoin as the future, the question remains on whether India is part of the journey forward. ### The Global Scenario While some countries — Japan, Korea, Ukraine and more — have gone ahead and employed bitcoins as a form of payment in their daily task; commercial or otherwise, India’s reluctance to join the crowd seems to be strong. The strongest advocate against Bitcoin? The RBI (Reserve Bank Of India). Known for spreading caution against virtual currencies for reasons such as the lack of accountability, customer protection, security, and so-called “legal” assurance — a statement that Bitcoin enthusiasts are tired of hearing — the RBI has become a dark shadow that refuses to clear. Whether Bitcoin will attain *legal* status in the Indian economy still remains a question; and it will for the foreseeable future. Currently, though, the Indian Supreme Court has placed an investigative task on the RBI, to look into the feasibility of regulating cryptocurrencies in India and how to ensure that all states currently regulating the Blockchain in the public can do so, in a standard manner. However… Bitcoins aren’t necessarily “banned” in India. ![](https://cdn-images-1.medium.com/max/800/0*xOfnCVBl5x4bXvSF.)Bitcoin remains a topic of both contention and universal excitement### The Indian Bitcoin Ecosystem is Thriving There is a bevy of companies — such as Unocoin — operating in India that allows its clients to buy/sell Bitcoin online. Furthermore, there are a competing number of stories of individuals within the subcontinent having made their first fortune by investing — and continuing to — in bitcoin at the very beginning. In metropolitan cities such as Delhi, Bengaluru, and Mumbai there are a large number of [existing and upcoming Bitcoin quarries](http://economictimes.indiatimes.com/markets/stocks/news/here-is-how-indians-are-minting-a-fortune-in-bitcoins/articleshow/60299440.cms) that are running in temperature controlled rooms, around the clock, every day. All of this was followed by an almost radical change in outlook on the part of the Indian government — Prime Minister Narendra Modi’s agenda to rapidly digitalise India and demonetize the Rs.500 and Rs.1000 notes put the Indian Bitcoin culture into overdrive; mining, cloud-computing, engineering, warehouse management and more joined the “Internet of Things” movement taking place all across the country. Further research, looking into the viability of Bitcoin within the domestic Indian market showed that Bitcoin transactions and use were tracking an upward curve. By the end of 2016, certain estimates put the number of merchants in India using bitcoin as a method of payment [at +500](http://www.firstpost.com/tech/news-analysis/bitcoins-accepted-by-over-500-merchants-in-india-says-gbminers-co-founder-amit-bhardwaj-3694421.html) — including certain restaurants (famously the Suryawanshi chain in Bangalore and a pizzeria in Mumbai), bars, bookshops etc. — and the number of Indian Bitcoin investors increasing at 2500 a day. In fact, its well known that Bitcoin can be freely converted anywhere in the subcontinent into any physical currency — USD or INR. So it’s safe to say that India is indeed welcoming Bitcoin with — semi-opened — arms, with the RBI keeping the handcuffs in place. What does this mean for bitcoin? Even higher prices, and even more people making a killing on the currency! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=indians_are_welcoming_bitcoin_with_open_arms)Use coupon “FBE00” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Here is how much money you would have made if you had invested Rs 1000 into Bitcoin in 2011](https://blog.unocoin.com/here-is-how-much-money-you-would-have-made-if-you-had-invested-rs-1000-into-bitcoin-in-2011/) **Published:** September 23, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*w5KId2LZtj6zQJdrkRDHkg.jpeg)Here is how much money you would have made if you had invested Rs 1000 into Bitcoin in 2011With bitcoin news all over our feeds, you’re not alone if you too have begun wondering what amount of money you could make if you had invested in bitcoins. The [rise of bitcoins is well documented](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27?source=collection_home---6------4----------------). Don’t mean to make you feel worse, but let’s do some calculations and come up with hypothetical numbers anyway. Let us try and understand the maximum and minimum prices that the Bitcoin underwent to reach its peak today. Ever since 2010, bitcoin’s value has multiplied over 879,999 times. The price of Bitcoins has been extremely volatile over the past few years. Bitcoins jumped to nearly $1,000 each in late 2013, but unfortunately plummeted in its value and took more than three years to climb back to that price point. A “regret” chart by Jeroen Blokland, the portfolio manager of the Robeco Global Allocation team, showed how a $1,000 investment in bitcoin in July 2010 would be worth more than $35 million today! ### 2011: The beginning In January 2011, you could purchase about 50 bitcoins with Rs 1000 since they were at a low market value of Rs 20 per Bitcoin. However, by December, the same year, the Bitcoin was trading at Rs 225. So the Rs 1000 investment would have turned into Rs 11,250. ### 2012: A gradual increment The first few months of 2012 would have boosted your investment to Rs 13,250 at Rs 255 per Bitcoin. And by May, that year, it increased up to Rs 284/bitcoin and then ended the year with Rs 700+/bitcoin! Your investment would have been Rs 35,000 already by 2012! ### 2013: A big hit 2013 started off with a slight dip. Attacks by hackers that took place against numerous bitcoin exchanges and also the FBI seizure of more than 170,000 bitcoins from criminal online portal — Silk Road added to the cause of the market price to waver that year. However, when the Chinese media started to promote the Bitcoin as an alternative currency, it peaked at more than Rs 51000/bitcoin. Hence, your investment would have become Rs 25.5 lakhs. But this did not last too long as the bitcoin did not fare well for the rest of the year. By the end of December 2013, the price dipped to Rs 40,000 — still a significantly high return from 2011. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=here_is_how_much_money_you_would_have_made)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### 2014: Big plunges By December 2014, unfortunately, your investment would have dropped down to Rs 10 lakhs only, with a Bitcoin value of Rs 20,000. However, unlike previous years, in 2014, you could have spent your bitcoins at many companies like Overstock.com, Microsoft, Dell and Time. You could have also withdrawn funds through a network of bitcoin ATMs around the world that year. ### 2015: Strong Ends It was only after October that the Bitcoin price had an upward curve. By December that year, the Bitcoin traded at Rs 28000. Hence, at that point, your investment would have been worth Rs 14 lakhs and would also be a 140,000% return on your initial Rs 1000. ### 2016: Steep increases In January 2016, the bitcoin started off at Rs 30,000 and remained relatively stable the following few months. There was a steep increase that happened due to the sudden Chinese demand which pushed bitcoin up to Rs 38200 by August end. Hence, your investment would be worth Rs 19 lakhs in 2016. ### 2017: Profit Prices In February 2017, Bitcoin broke its 2013 record and hit a mark of Rs 78650+ per bitcoin. And to everyone’s surprise, it hit bigger milestones too. It even went beyond the price of one Troy ounce of gold. And by May first week, it heaved again to a price of Rs 1,40,000 per bitcoin. So, the initial Rs 1000 worth of bitcoin is now worth Rs 70 lakhs, which is almost 7000 times your initial investment! ### Conclusion Even if you’d missed your initial 2011 bus and invested years later into bitcoin, you’d still be making a conservative 2000–3000 times your initial investment. Is it too late then? Your initial investment of a Bitcoin 7 years ago would have only lead to more profits today, granted, along with some stress throughout the process. However, investing in the Bitcoin does come with its own risks, but then which investment doesn’t? And that too with such returns. It isn’t too late to start. Why? you ask. We’ve detailed that in a [separate blog post here](https://blog.unocoin.com/bitcoins-investment-vs-trading-5601cf51e835?source=collection_home---6------2----------------). [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=here_is_how_much_money_you_would_have_made)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin Fees Explained](https://blog.unocoin.com/bitcoin-fees-explained/) **Published:** September 26, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*jitOBuD3NCgN_1wbpgyFtQ.jpeg)Bitcoin fees explainedLately, Bitcoin has undoubtedly created a lot of buzz. Warmly received by tech enthusiasts and the unbanked people of developing nations, it is often claimed that bitcoins can be transferred free of cost — this helps up as one of the ways it brings about ‘financial freedom’. This, however, isn’t entirely correct. In most transactions, you do end up paying a nominal fee as charges. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_fees_explained)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### What Is The Fee For? Every day, [thousands](https://blockchain.info/charts/n-transactions) of transactions are sent and received on Bitcoin’s network. These transactions need to be ordered and documented on the global ledger that records every Bitcoin transaction ever made. The fees are given to miners who provide the record-keeping service for Bitcoins. In our [ultimate guide to bitcoin](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1-3eb08949e5d7), we’ve discussed the incentives miners need to stay connected to the network. Mining is extremely critical to keeping the network secure. A large [network hash (or mining) rate](https://www.bitcoinmining.com/faq/#what-does-hashing-mean) keeps Bitcoin safe from attacks by bad actors. This fee is given to them as an incentive to keep mining, which in turn keeps the bitcoin network secure. Like our banking fee, this fee also has a set of well-defined rules and regulations that are established as “network rules”, and a fee is levied on each transaction accordingly. Once a majority of the Bitcoins are mined, the transaction fee becomes the primary earning of the miners. Fees incentivize miners to include transactions in a block. Once a transaction has been included in a block it is *confirmed.* ![](https://cdn-images-1.medium.com/max/800/0*ER1mt42Ic1DdJx_P.)How Is Transaction Fee Calculated? An array of parameters are considered for determining the value of transaction fees, which we’ll list out here: - **Dust Spam:** If the value of any transaction amounts to less than 0.01 BTC, then a fee of 0.0001 BTC is required. Therefore, the algorithm for coin selecting tries to avoid using an amount less than 0.01 XBT whenever possible. ![](https://cdn-images-1.medium.com/max/800/1*eXr_apsav2vW533M8TTBbw.jpeg)(source:[ bitcoinfees.com](http://bitcoinfees.com))- **Prioritise old & high- value co**ins: If the coins used in a transaction are new, or amount to a small value, they are given low priority. The priority is assigned on the basis of age, size, and number of inputs. - **The difference in Input & Output Amount:** The transaction fee could be the difference in the input amount (sending funds) and the output amount (receiving funds) of the transaction. For example, if the input equals 0.12605724 and the output equals 0.12583356. The fee, 0.00022368, is actually the difference between these two numbers. While the process of calculating these transaction fees seems complex, you — the end user — don’t have to worry since all this is taken care of by the bitcoin software clients or online exchange services like Unocoin. Why should you invest or trade in bitcoin in the first place, you ask? [This post on the phenomenal rise of Bitcoin](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27) should help you. To summarise - Mining is used to record the transactions and maintain a global ledger for bitcoins — this is funded by fees for the miners. - Transaction fees are determined based on parameters like age, size, and amount of coins. - Bitcoin wallets such as Unocoin get rid of all this complexity by charging a flat fee for transactions so you can invest and trade in peace! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_fees_explained)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin at $5000? What the Future Holds](https://blog.unocoin.com/bitcoin-at-5000-what-the-future-holds/) **Published:** September 28, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*jdI10alWidveAOA5DHIwcw.jpeg)Bitcoin at $5000? What the future holdsIn the recent times, Bitcoin has been witnessing a tumbling price. The cryptocurrency in everyone’s minds seems to have beaten the expectations of a few and the resistance of many. On 15th September 2017, the value of Bitcoin took a hit, and fell to $3100 (or about Rs 2,20,000 in India); courtesy of the People’s Bank of China’s pressure on bitcoin exchanges to shut down. A sad fate, given the strength of the Bitcoin community there and its importance in the bitcoin mining world. But none are utterly disheartened. Bolstered by the dynamics of the cryptocurrency market — comparable to the entire tech market of the 1990s, the trend of bitcoin is a steep upward curve over 6 times faster and larger than that of the tech market in all its years of existence — the community sees this period as “just another” challenge. Digital currencies are now the future. The idea of fiscal freedom, unfettered and unfiltered by a government and in control of ordinary people is exciting techies all around the world. Bitcoin forms the vanguard of this change. With gung-ho investors — big, small and that friend from college included — Bitcoin’s rise has made it become the go-to currency for even larger outfits like hackers, terror groups, and even entire countries (Ukraine, Korea etc.). In some ways, one would say that the socio-political conditions of the 2000s have — cumulatively — resulted in the meteoric rise of Bitcoin; this was meant to happen. “All and all”, one could say, “Bitcoin is doing great”. And they would be right. But there still remain certain questions of what the larger picture holds. The value of the digital currency cannot merely be measured by monetary value, so what form will it take in society? And, will it ever hit $5000? This was a question often asked with ambiguity and interest even a few months ago. But in the recent past, it simply became a question with a more or less fixed answer — yes. The currency had blazed past $4683, far ahead of the $3500 forecast many had more for it this year. It seems to have corrected now though, and many are wondering why. [![](https://cdn-images-1.medium.com/max/800/1*emgeRPm9HJ9lALjdkQZLdg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_at_5000_what_the_future_holds)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### The New Gold One constant issue with Bitcoin is that it is treated distinctly by different stakeholders. Some hostile and others just… well, differently. Governments wary of bitcoin outlaw it, indulge in regulatory measures or adopt it. Most domestic and international merchants adore it. And the citizens of the world love it. But some treat it as a stock, some as a commodity and most others as a currency. Certain reports show that the entire value of Bitcoin in circulation is inching closer to that of all gold held in ETFs. But it doesn’t end there. The overall viability of Bitcoin still remains a question for most — one side believes it won’t exist beyond the hobbyist fringe it comes from, with the others leaving. The other sees it as a risky investment given the fact that it has no *fundamental* value at all. So unless these attitudes change, Bitcoin may turn into another trend that has intrinsically no value. But these socio-economic factors have a few years to set in, and the present Bitcoin’s prospects look good. There are plenty of reasons to believe it will continue to rise in value though. Japan became the first country to legalise it as currency — and gave it the much-needed impetus for worldwide adoption (and a corresponding increase in prices). With more countries (India, included) looking to legalise bitcoins, a further appreciation in its value is inevitable. Other forecasts with regards to Bitcoin comes from its deepest doubters, that the currency would even hit $6000 by mid-2018. With patterns the way they are, stock strategists see a trend of user accounts increased by 50% and usage per account to increase by 30%, due to the growing ease in understanding how it works, its lack of volatility (making it a reliable store of value), its rise as a commodity (increasing marketability) and more Non-Price-Related factors. The future looks good for Bitcoin. It really does. [![](https://cdn-images-1.medium.com/max/800/1*9_9qmoIcQRBsdGOfd3xuHA.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_at_5000_what_the_future_holds)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [How To Avoid Getting Scammed On Bitcoins](https://blog.unocoin.com/how-to-avoid-getting-scammed-on-bitcoins/) **Published:** September 30, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Gu-vJ4G-boZzC6aH2hMTtw.jpeg)How to avoid getting scammed on BitcoinsBitcoin is valued by a system beyond mere governments and institutions. It is run by protocols not many people understand. Yet, it attracts a lot of investors and traders due to its increasing value. Since few know how Bitcoin really works, the chances and opportunities of cheats and scams are high. “The trading for quick gain” clause that attracts the masses becomes a tool for the dark side of Bitcoin. Lack of awareness leads to greater vulnerability of someone’s money. Let’s look at some ways to avoid Bitcoin scamming and save yourself the trouble. ### \#1 — Avoid Phishing With phishing scams, people trick you into giving your personal information such as account details. Such incidents have occurred a lot in finance and e-commerce websites. Moreover, Bitcoin transactions cannot be reversed. So, if you give your account information to someone unknown, the money is gone for good. Emails from unknown sources, leading to fraudulent websites track down your account information and steal your money before you could even notice it. SMS and phone calls from various companies about prizes or even claiming to be an established Bitcoin mining site ask for the account information as an excuse of verification. There have been multiple cases of look-alike websites through advertisements. When you search for a particular keyword, it appears to be a legitimate website but leads you to a phishing website that can track your info and put you into trouble. - Do not tell any unknown person your account details or attend any such calls that seek your account information for whatsoever reason. - Keep your account information regularly updated. Change your password in adequate intervals and be updated with the activities in your account. - Check the URL of the websites you visit for mining and also the addresses of related emails. - Enable smart features such as PINs, two-step verifications, etc. for the security of your account. [![](https://cdn-images-1.medium.com/max/800/1*emgeRPm9HJ9lALjdkQZLdg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_to_avoid_getting_scammed_on_bitcoins)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### \#2 — Fake Mining Scams Never believe anyone claiming he will help you mine Bitcoin. Such behavior is prevalent on social media and many victims have succumbed to it. People stalk the traders who are new or are greatly interested and then attract them to schemes that don’t even exist. Once a person agrees, they make him a lamb for their slaughter. They encourage him to do transactions or derive his/her account information, ultimately running away with all the money he/she has. Offers about investments which would make a person’s money grow in multitudes become an easy weapon of scam as they make a chain of victims and run away with the money in the end. - Be aware when engaging with brokers over social media or any such online platforms. Never engage in transactions through a direct message on social media. - Check the URLs of the sites you visit. Refrain from visiting sites with profiles offering too-good-to-be-true offers. ### \#3 — Multi-Level Marketing Schemes Companies ask for promoters for their websites over multiple platforms. They even ask for a one-time investment for a new user to join. The user is supposed to make more and more people connect with the website and the company promises him to pay a certain amount for every new user, who he refers to, joins. Hence a low initial investment can be multiplied several times with every new user that joins this pyramid. Before long, hundreds of victims join the scheme. At a point, when the pyramid has grown, the original scammer walks away, and all of it collapses. The scammer eventually makes off the victim’s stolen Bitcoins. Indulging in schemes is a blind risk. Bitcoin is money that once gets lost, cannot be recovered. It is a digital currency, but that does not mean it can be used to acquire wealth quickly. Contemplate, research and then invest. Otherwise, there are various cyber criminals waiting for a prey. If you have suffered from any such crimes you can report it, but might never get to see your Bitcoin back in your wallet. ### \#4 — Sharing your wallet credentials/PIN with anyone This is the root of every scam that ever happened with a Bitcoin user. A cheat’s first step is to seek your account credentials some way or the other. Then, it becomes easy for him to steal your money. People even scam in the name of donations. Users usually succumbed to culprits asking their information for donations and ultimately lose their money. Do not share your credentials or PIN of your account with any person you cannot place your trust upon. Otherwise, your money would be beyond your horizon and you won’t even have a trace of it. Every hacker or scammer in this world is looking for easy victims. It is your responsibility to save your money and it is your choice, how you save it. [![](https://cdn-images-1.medium.com/max/800/1*9_9qmoIcQRBsdGOfd3xuHA.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=how_to_avoid_getting_scammed_on_bitcoins)Use coupon “FBE200” during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Global Celebrities Who Are Rushing For Bitcoins](https://blog.unocoin.com/global-celebrities-who-are-rushing-for-bitcoins/) **Published:** October 5, 2017 **Author:** Unocoin Growth **Content:** ![](https://blog.unocoin.com/wp-content/uploads/2022/07/65c04-1kp_e7a5ehsrr6u_tj-rmwg.jpeg)Global Celebrities Who Are Rushing For Bitcoin.Bitcoins are for everyone — the unbanked, the rich and the famous. While there is a common misconception that bitcoin is only useful in the developing countries of Africa or elsewhere, these celebrities are proving them wrong. Such is the magnetic appeal of bitcoins — that it has reached out to some of the major celebrities who have started talking about bitcoins and invested in them. ### \#1- Ashton Kutcher ![](https://cdn-images-1.medium.com/max/800/0*aViNKUf69hg5tZZY.)The actor, famously known for his role as Kelso, on the 70’s Show, and the co-founder of A-Grade Investments also turns out be a very successful venture capitalist, investing in technological innovations like Skype, Uber, Spotify, Foursquare, and AirBnb. Ashton Kutcher has been actively supporting the role of bitcoins in acting as a decentralized currency system and has endorsed through his investment in [BitPay](https://www.coindesk.com/bitpay-eliminates-fees-basic-merchant-processing/), the payment processor that allows merchants to carry out bitcoin transactions. ### \#2- Akon ![](https://cdn-images-1.medium.com/max/800/0*YAixHHqVkybJF0D5.)Source: [https://usversusthem.files.wordpress.com](https://usversusthem.files.wordpress.com/2007/05/akon2.jpg)The Hit Recording artist and music producer, Akon has gone out of his way to express his support for bitcoins. He also made use of the platform [Milken Global Conference](https://www.youtube.com/watch?v=u9aikDzLCAM&feature=youtu.be&t=51m28s) to clarify on the most common misconception about the uses of bitcoin, and said that it is useful for the unbanked people of Africa. He’s gone on to mention that bitcoin is for everyone, calling it a global digital currency. ### \#3- Nas ![](https://cdn-images-1.medium.com/max/800/0*PoYCUeVz-4MJepPq.)Source: [https://tse3.mm.bing.net](https://tse3.mm.bing.net/th?id=OIP.NA6DuDSRmwQPZ4hNhgZmygEoEs&pid=15.1&P=0&w=300&h=300)The rapper and songwriter has made major investments in the bitcoin industry, along with his manager, Aymen Anthony Saleh. They have invested in over 40 startups including a digital wallet company called [Coinbase](http://www.coinbase.com), and their returns are said to multiplying every year. This really is a solid demonstration of the profit lying in investing in bitcoins. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=global_celebrities_who_are_rushing_for_bitcoins)Use Coupon FBE200 during sign up to grab free bitcoin worth INR200### \#4-Drew Carey ![](https://cdn-images-1.medium.com/max/800/0*f5hdwndvT4uIxXPu.)Source: twitter.com The best way for a product to be popularized is by celebrities talking about it, or rather tweeting about it. Actor and comedian, Drew Carey, tweeted about bitcoin, which did have an impact on businesses adopting bitcoin. While the use of Bitcoin is still limited, its adoption has proved to deliver great profits for the businesses that did adopt this system of accepting payments. ### \#5-Mel B ![](https://cdn-images-1.medium.com/max/800/0*KJHnybrBDJBNSV6r.)Source: [https://upload.wikimedia.org](https://upload.wikimedia.org/wikipedia/commons/thumb/4/42/Melanie_B%2C_2011.jpg/417px-Melanie_B%2C_2011.jpg)The former Spice Girl and X factor judge made history by being the first musical artist to avail her single,” For Once In My Life”, in exchange for bitcoins. She was extremely excited to make the announcement and said,” I love how new technology makes our lives easier, and to me, that’s exciting. “Bitcoin unites my fans around the world using one currency. They can just pay using bitcoins.” ### \#6-Richard Sherman ![](https://cdn-images-1.medium.com/max/800/0*wHb8wVjPNd2CHfT0.)Source: [https://upload.wikimedia.org](https://upload.wikimedia.org/wikipedia/commons/thumb/4/47/Richard_Sherman_vs_Ravens_2015.jpg/1200px-Richard_Sherman_vs_Ravens_2015.jpg)This Seattle Seahawks cornerback is among the first people to accept bitcoins in his online merchandise store, and has endorsed bitcoins a great deal. There was a slogan on the internet that read: Richard Sherman accepts bitcoin, even if Amazon doesn’t. It has been said that he has invested over a million dollars into the bitcoins. The Stanford alumni also went ahead, and called it the ‘currency of the future’, wanting his fans to update to the latest technology in making purchases at his online store. ### \#7- Donald Glover ![](https://cdn-images-1.medium.com/max/800/0*vt04EbeU4oFm6F1K.)Source: [https://upload.wikimedia.org](https://upload.wikimedia.org/wikipedia/commons/thumb/1/1d/%27The_Martian%27_World_Premiere_%28NHQ201509110011%29.jpg/1200px-%27The_Martian%27_World_Premiere_%28NHQ201509110011%29.jpg)Popularly known as Childish Gambino, this actor and rapper has been very enthusiastic in showing his support for bitcoin. Glover believes that if we can adapt ourselves to the latest mobile technology, then why not Bitcoin? In a [TIME Magazine Q&A](http://entertainment.time.com/2013/12/05/a-conversation-with-childish-gambino-nostalgia-bitcoins-and-advice-from-tina-fey/), Glover said, “I know a lot of people are skeptical, but I feel like if everything’s going to live online, why not bitcoins? Being backed by gold seems very old and nostalgic to me. Being backed to a bitcoin, which takes time to actually make and there’s this equation that has to be done, that feels realer to me and makes more sense.” After Hollywood, Bollywood celebrities have too, started out with the bitcoin, with celebrities like, Shilpa Shetty, Raj Kundra, R. Madhavan, Huma Qureshi Neha Dhupia, Vir Das, Nargis Fakhri, and Prachi Desai have shown enthusiasm about Bitcoin and have taken this enthusiasm to their twitter handles. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=global_celebrities_who_are_rushing_for_bitcoins)Use Coupon FBE200 during sign up to grab free bitcoin worth INR200### Also Read: **Categories:** Blog --- ### [This Bengaluru Restaurant Is Accepting Payment In Bitcoins](https://blog.unocoin.com/this-bengaluru-restaurant-is-accepting-payment-in-bitcoins/) **Published:** October 5, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Oqd8JrEVcEyI2Kdz1QzcMw.jpeg)This Bengaluru Restaurant Is Accepting Payment In BitcoinsIn the past 3 decades, Bengaluru has come to be known as the IT hub or the Silicon Valley of India. It is keeping up with its reputation, with the city’s first eatery that is accepting payment in Bitcoins. Based in Indiranagar and Whitefield in Bengaluru, Suryawanshi Restaurant serves delightful Maharashtrian cuisine with a bit of a twist. The restaurant is one of India’s first restaurants to let people pay in Bitcoins. While the restaurant sounds tech-savvy with Bitcoins and digital wallets as accepted payment methods, the owner Mr. Kailash Suryawanshi, claims to be the exact opposite of it. His son, Tejas, was introduced to the world of cryptocurrency by a friend, and the idea interested him. The idea of introducing Bitcoins was not only to invest in it, but also generate curiosity among the people and educate them about this digital phenomenon. *“Over the last seven months, the value of the Bitcoin industry has expanded by over 80 billion. The market capital is on the high road,” he says.* [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=this_bengaluru_restaurant_is_accepting_payment_in_bitcoins)Download Unocoin App and grab free bitcoin worth INR 200.Suryawanshi is likely to be the second restaurant in the country to start accepting Bitcoins. It accepts payment through Bitcoin wallets like Unocoin. ![](https://cdn-images-1.medium.com/max/800/0*_LTRpctqkfVO6Tit.)Image Source: Zomato### Not Exactly The First The pioneer for the Bitcoin trend in Indian restaurants actually goes to a pizzeria in Mumbai called Kolonial, which adopted this concept back in 2013. The restaurant’s owner, Tarun Thadani, was introduced to bitcoins at a meeting held by Vishal Gupta, a digital currency enthusiast, at the restaurant. Convinced and inspired by Mr. Vishal, he decided to adopt bitcoins as a method of payment at his restaurant. It must have been a daunting task for Mr. Tarun to introduce bitcoins back then, which didn’t have the fame it has today. Yet, bitcoins took off quite well at his restaurant, with over 10 bitcoin payments from the meetups itself*. Thadani said:* *“The bitcoin meet-ups started taking place at my restaurant in the private area in the back. So, I got to know all these people and they are the ones who asked if they could pay in bitcoin for their meals and I started accepting it. But, at the moment, I accept them in my personal wallet and settle with my restaurant later.”* Thadani even makes a special menu for these social events with prices printed in INR and bitcoin, side by side. With these eateries, allowing customers to pay in Bitcoins, the Bitcoin bandwagon is rapidly expanding in India, though often treated more as an asset. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=this_bengaluru_restaurant_is_accepting_payment_in_bitcoins)Download Unocoin App and grab free bitcoin worth INR 200.Bitcoins have been termed as the “currency of the future”. While Japan has already legalized the use of Bitcoins, there has been a significant support from Indian techies as well. The Indian Government too is making a push towards a cashless economy, and once the issues concerning the use of Bitcoins, such as, money laundering and consumer protection are adequately addressed, it is quite possible for Bitcoins to get legalized in India as there seems to be significant support from the cryptocurrency enthusiasts in India. ### Also Read: **Categories:** Blog --- ### [Bitcoin vs. Real Estate](https://blog.unocoin.com/bitcoin-vs-real-estate/) **Published:** October 11, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*M6PNpFdoX_qWCsi7r_afnA.jpeg)Bitcoin vs Real EstateThe world market is witnessing a general shakedown in all sectors. Socio-political changes around the world have put to test a variety of new investment options, both digital and physical. In this large world of up-and-coming investments, it’s always important to compare and investigate. The hot and new, against the old. Bitcoin has taken center stage in the world of financial engineering. Now, range-bound with a low of $3900, Bitcoin estimates are through the roof — $6000 by mid-2018 and $20,000 by 2020 — a result of its varied status; as a currency, stock, and commodity, Bitcoin has beaten and is slated to beat existing assets that fall into these three categories. ### Real Estate So how does Bitcoin stack up against Mother Earth’s oldest investment — land? The dominant thought always viewed land as something that naturally bore returns. But the rise of a new wave, an amalgam of economic phenomena and attitudinal changes in consumers finally tore the veil. Post the 2008 Global Recession which saw the burst of the Housing Bubble (which was also the period of a rapidly growing global tech industry), investors and consumers alike, have remained wary of it. Within this tale of woe, lies India. With a market hit terribly by inflation and rising political discontentment, the India of the early 2000s seemed nothing but doomed. Real Estate as an industry had just matured, with a variety of private developers and construction outfits being set up all across the country along with the customers to boot. And now it was being slowly cut out. While the Indian was not affected immediately after the collapse of world markets in 2008; in 2009 it was hit by rampant inflation; consumer confidence fell and national savings disappeared overnight. But with the unprecedented rise of India as a global power — the Indian Market witnessed the rapid growth of native sectors, from IT to Civil Engineering. Real Estate was on the train too, and its most recent report the IBEF (India Brand Equity Foundation) stated that “The real estate sector in India is expected to attract investments worth US$ 7 billion in 2017, which will rise further to US$ 10 billion by 2020.” A rise of over 40% in just 3 years. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_vs_real_estate)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### The Current Indian Real Estate Scenario The Indian Real Estate market, while burgeoning, has hit quite a few potholes along the way. Systemic scams involving land documentation, poor bookkeeping, cooked books, diverted funds, policy changes… the list goes on. A point-to-point analysis of the current market would be as follows: 1. **India is ranked fourth** in Developing Inflows in Asia as per the World Investment Report (2016). 2. The State’s rapid policy decisions (Demonetisation, GST, Benami Property Act in particular) while shocking, have created an environment of transparency and regulations that investors, both foreign and native, are flocking to. 3. Structural reforms and further liberalisation of native sectors have **bumped the overall lucrativeness of the Indian Real Estate market.** 4. The State’s implementation of RERA (Real Estate (Regulation & Development) Act) in mid-2017, was effective in that it managed to chain developers to proper deadlines, handovers, accountability, documentation, supervision, and regulation, but at the cost of bringing the sector to a grinding halt. This did not boost consumer confidence, which was already at a record low. 5. Despite having given solid returns year after year the past decade, real estate is now due for a correction in prices due to these factors — RERA, transparency laws, and other policy changes. 6. All of this makes investments in real estate more of a gamble than ever before now! ### Bitcoin Let’s contrast this with bitcoins. The world of this digital currency has changed the way businesses and individuals view finance. With the rise of cryptocurrencies like Bitcoin and Ethereum, the possibility of unfettered fiscal freedom seems alluring. Bitcoin being flashier and larger tends to dominate the digital currency market. Bitcoin has expanded rapidly over the last 6 years, at an outstanding, never seen before pace. - The global market for Bitcoin has grown 6 times faster and **larger than the entire tech bubble of the 1990s**. - The global response to Bitcoin is haphazard but strong. Socio-political conditions around the world have made Bitcoin attractive for users large and small, from governments to pre-teens sitting at home. The communities are large in both hemispheres and play an important role in influencing the market. - The barriers-to-entry in the Bitcoin market is close to negligible, with start-ups around the world involving themselves in warehouse management, cloud computing, mining, engineering and more. **For an end customer — it’s even easier — simply get started on an exchange like Unocoin.** - Bitcoin’s appreciation leaves everything else, let alone real estate, far behind in the dust. **Where else have you heard of 400,000% appreciation in less than a decade?** - Bitcoin user accounts are slated to go up by 50% by 2018 and more governments around the world — Ukraine, Japan, Estonia, and Korea — are adopting Bitcoin for official and daily transactions, increasing its legitimacy (and therefore, potential price) in the world order. - Bitcoin forecasts from even the most skeptical sources are phenomenal, with claims that the **currency will value at $50,000 in a decade.** ### Should You Switch? The Bitcoin market is ripe, and its fruits will grow sweeter every day. But there still remains the larger question — whether the digital currency market will be shut down by governments worldwide and relegated to fringe communities. Or whether the end will be an economic one — the standard bubble and crash. What is important to remember is that strategies involving Bitcoin must be smart and sharp. Upon further analysis (including counter-markers) we’d suggest a conservative strategy **involving an period of 3–5 years and a return of approximately 5 times**. For those more aggressive amongst us, a safe period would be 7 years. Why these recommendations you ask? Because bitcoin solves real-world issues, is a clear alternative to fiat money, and has a lot more going for it, as we’ve covered here. The general consensus with regard to the Indian real estate market has always been absolute trust. However, with the recent changes, the government has pushed, while with the best intentions, are going to impact the industry in the short term. An impact that would make it wise to keep away from the sector in the short term. As such, one would have to ask — quick and large returns (validated by support from governments of multiple countries) or a long-term play that is going to witness a rough patch ahead, however short it may seem. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_vs_real_estate)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin crashes have taught us one important lesson](https://blog.unocoin.com/bitcoin-crashes-have-taught-us-one-important-lesson/) **Published:** October 12, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*As3ymh5Jv_zWNwFsjBnyow.jpeg)Bitcoin’s historical volatility may be set to change with global adoptionAs a decentralised, peer to peer cryptocurrency free from external control, bitcoin has performed incredibly well, outdoing all other currencies and commodities by an unbelievably huge margin. But this very aspect of bitcoin that makes it so enticing as an alternative is also its bane. As a currency free from regulatory controls and in the absence of a central authority to stabilise the currency, bitcoin is uniquely sensitive to market changes. Proving that its fundamentals are sound, bitcoin has fallen only to rise to much greater heights. Here’s a short chronicle of the major jolts in the history of bitcoin and how bitcoin has rebounded every time. #### 2011: Mt. Gox hack In June 2011, Mt Gox, the number one bitcoin exchange was hacked and the asking price was changed to 1 cent by the hackers, who bought bitcoin at the nominal amount. This caused a loss of over $850,000 to the exchange and prices dropped from a peak price of $32 to less than $2 over six months. Bitcoin ended the year at $4.50. #### 2012: Modest gains and a crash Following the dismal performance and the slump in 2011, bitcoin rallied, albeit with fluctuations, to just over $15 when disaster struck again. This time it was a Ponzi scheme that left investors in the lurch, with a ludicrous promise of 1% daily profits on bitcoin investments. The Ponzi scheme operator made off with an estimated 500000 coins. Bitcoin sunk to the $10 mark and never crossed $15 again until the end of the year. #### 2013: Revival of hope in spring It was in the first half of 2013 that bitcoin came into its own. Following mainstream media interest and coverage, bitcoin shot up to a spectacular $266, gladdening the hearts of early investors. Bitcoin started shedding its reputation for association with shady elements like drug dealers and started becoming a truly mainstream investment asset. The resulting hype created a bubble and bitcoin again shed a massive 71% of its value overnight, dropping to $67 from $233. An outage at Mt. Gox bitcoin exchange due to unprecedented traffic also made matters worse. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_crashes_have_taught_us_one_important_lesson)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.#### Spectacular rise and a stunning fall In the latter half of 2013, bitcoin hovered around the $120 mark until November when it rose steeply to $1150 only to fall again to $500 by mid-December. This classic bubble was fuelled by speculating amateur investors who thronged to buy bitcoin following positive media coverage, increasing awareness, a positive stance adopted by regulatory authorities and the finding that bitcoin had shed its shady tag following greater adoption by law-abiding people. The crash was also made worse by the closure of Tradehill, a major bitcoin exchange second only to Mt. Gox. Though bitcoin lost more than half of its peak value, putting aside short-term volatility, a general upward trend could be made out by the end of 2013. #### 2014: Mt. Gox goes bankrupt In 2014, prices started picking up again through January until Mt. Gox was hacked the next month. On February 7, the leading bitcoin exchange halted withdrawals and made public that hackers had made off with 850,000 bitcoins (now worth around $4 billion). This severely undermined investor confidence and created an existential crisis of sorts for bitcoin. Many observers portended doom for bitcoin. Bitcoin’s value plummeted by over 49% and it never crossed the $1000 mark again for two long years. #### 2017: Adoption by Institutional investors After a lackluster performance for two years from 2014, bitcoin breached the $1000 mark again due to renewed interest from the public, after knowledge of cryptocurrencies became mainstream. People learned that the fundamentals were sound and that cryptocurrencies were a much better alternative to fiat money. But, more than the public interest, it was institutional investors embracing bitcoin with open arms that powered bitcoin’s soaring rise to $5000 by the start of September. Again, this didn’t last long as the shocked bitcoin community learned about China banning cryptocurrency exchanges with rumours doing the rounds that cryptocurrencies might be outlawed. China produces two out of every three bitcoins mined and is the mining capital of the world. Prices plunged by 37%. Further, JP Morgan called bitcoin a fraud, only to be caught buying huge quantities later at a lower price. These events brought down the price to $3200. But in less than a month, as of writing this article, bitcoin has again rebounded to over $4300. Since institutional investors are heavily investing in bitcoin, it’s widely expected that bitcoin prices would only rise and reach $5000-$6000 in the coming days. Some are still skeptical and believe this is a bubble waiting to burst again. Whatever might be the case, despite short-term volatilities, the upward trend has been fairly consistent. Bitcoin has fallen every time only to rise up to new highs. With the mainstream adoption and increasing acceptance of bitcoin as payment, the volatility is only expected to come down significantly. So, if you are looking to start on bitcoin with your eyes set on the long-term rewards, and if past trends are anything to go by, this bet may seem attractive. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_crashes_have_taught_us_one_important_lesson)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Why is bitcoin so controversial?](https://blog.unocoin.com/why-is-bitcoin-so-controversial/) **Published:** October 17, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*HYZwcBGAzFj-IZZy.)**Bitcoin has captured the public consciousness in spite of initial controversies**Bitcoin is a peer to peer, decentralised cryptocurrency, the first of its kind. Envisioned and designed as a better alternative to fiat money that is secure, anonymous and beyond the control of the state, bitcoin didn’t catch on beyond the technophile community in its early years. Following years of consistent performance and clear demonstration of its superiority over fiat money, bitcoin is now being widely adopted by both commoners and financial institutions alike. Here’s a look at the controversies that have dogged bitcoin and how bitcoin overcame them. #### Silk road and dark web Following its creation as an anonymous cryptocurrency, bitcoin caught the imagination of an unlikely community — drug dealers and drug users. Bitcoin became the preferred mode of payment on murky deep Web sites and online marketplaces dealing in drugs, thanks to the anonymity it afforded to those dealing in drugs. Until 2013, bitcoin was used more by drug dealers and other shady elements than the law-abiding mainstream. A study commissioned in the fall of 2013 suggested that bitcoin had outgrown its association with the drug trade and was being mainly used to pay for legal goods and services. From then until now, adoption of bitcoin by people has only grown exponentially and today, bitcoin is well past its historical association with drugs and crime. #### Mt Gox outages and hacks Mt Gox was the leading bitcoin exchange until it was forced to close in early 2014 following a string of hacks and loss of bitcoins from its hot wallet. In June 2011, a hack leads to manipulation of the asking price for bitcoin resulting in the sale of bitcoin at prices as low as one cent. In 2013, Mt Gox went offline after the site witnessed unprecedented traffic following positive media coverage. In the latter part of 2013, Trade Hill, the second most popular exchange after Mt Gox, downed its shutters dragging investor confidence down. It was almost the death knell for bitcoin when in February 2014, Mt Gox was hacked into and 850 thousand bitcoins were stolen. Though Mt Gox managed to retrieve 200 thousand bitcoins, investor confidence slumped as Mt Gox filed for bankruptcy and initiated liquidation proceedings. Many predicted the end for bitcoin but three and a half years later, if anything, bitcoin has only become more popular and mainstream. People now know that bitcoin is a robust viable alternative currency and that the exchange hacks had nothing to do with security flaws in the cryptocurrency itself. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_is_bitcoin_so_controversial)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200#### Opposition to decentralisation Governments worldwide manipulate the economy with their monetary and fiscal policies. A central bank decides how much money to print and how much to put out in circulation. The value of money depends on the size of the economy and the amount in circulation. Thus, an external agency determines the value of the money you hold and mismanagement can lead to grave crises as a recession. [Bitcoin is an answer to centralisation](https://blog.unocoin.com/decentralisation-simplified-who-controls-bitcoin-fb311291c7b6) and takes away the power to regulate money from a centralised authority. Thus, it’s a pure market currency. This is disliked by governments as they stand to lose control over currency if people adopt bitcoin. Bitcoin is not yet viewed as a significant threat to fiat money at the moment, but governments are noticing bitcoin’s rapidly rising acclaim and some are trying to clamp down on the currency’s use. Recently, China banned all bitcoin exchanges and speculation is afloat that China may soon debar its citizens from dealing with bitcoins in any way whatsoever. But thanks to bitcoin’s nature as an anonymous, peer to peer currency, any transaction with bitcoins won’t risk incurring the wrath of the government as the encryption effectively subverts government surveillance efforts. Further, some other countries like India plan to release their own closed cryptocurrency, albeit one that is centralised and not anonymous. #### Contentious legal status This is a vexatious question that governments have had to contend with. Is bitcoin a commodity or virtual currency or a digital collectible asset? Should bitcoin be taxed as a commodity or be treated as a means of transacting (virtual currency)? While some like Russia, United Kingdom, and the European Union recognise bitcoin as a virtual currency out of the ambit of capital gain taxes, the United States of America and Israel treat bitcoin as a commodity for taxation purposes. India and China still haven’t recognised bitcoin as a currency/commodity and its legal status are unclear in these jurisdictions though governments of both countries have declared that citizens are free to deal with bitcoins as they deem fit. Japan has passed a bill recognising bitcoin as legal tender. There are doubts with regard to the enforceability of tax laws. To resolve this, bitcoin holding disclosures can be made mandatory and identity of tax evaders can be unmasked with identifying personal details filed with bitcoin exchanges and other sites whenever transactions with bitcoins are made on the portal. #### Fork and new blockchain A fork is a branching out of bitcoin into two different cryptocurrencies. Essentially, [the blockchain](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1-3eb08949e5d7) branches off into two. This may be pre-planned, as in tweaking the source code to improve bitcoin or could occur inadvertently. In 2013, due to differences in two versions of bitcoin mining software, a fork came into existence which was resolved after users were told to downgrade to the earlier software version. In August of 2017, Bitcoin Cash, a version that allows faster transactions than bitcoin, forked out from classical bitcoin. But the value of bitcoin has remained unaffected even after the fork. Though bitcoin has faced many a challenge, it has always come through with shining colours. As a decentralised currency fighting against the odds, bitcoin has established itself because of its underlying robust and secure mechanisms. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_is_bitcoin_so_controversial)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200### Also Read: **Categories:** Blog --- ### [Unocoin’s stance on the upcoming SegWit2x fork](https://blog.unocoin.com/unocoins-stance-on-the-upcoming-segwit2x-fork/) **Published:** October 18, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*dLfbWlDdLZvuKRHBj12MjA.jpeg)**Key Takeaways:** 1. There is no action required from customers in regard to the upcoming event of fork/split (refer below). 2. Unocoin will be supporting the chain that gains majority of mining/community support for further trading with INR. 3. Users will be encouraged to redeem the coins (with in 4 weeks since the fork/split) on the parallel chain that Unocoin does not support in long run by submitting their addresses after the event of fork/split. Bitcoin **SegWit2x hard fork** planned for activation in the second week of November 2017 is on the verge of bringing up another divide in the Bitcoin community leading to the split of respective coin holdings onto the two chains. In case, you wish to read more about what a digital currency fork is? [Read here](http://www.investopedia.com/news/can-bitcoin-hardfork/). All our customers holding any amount of bitcoin in their Unocoin wallet before the event of the fork would be entitled to an equivalent amount of coins on both the chains after the split. **There is no action required from customers in this regard either before or during the fork as long as the** [**replay protection**](https://www.youtube.com/watch?v=xbqafDBP8ls) **is available.** However, if the replay protection is not available, then we will be doing our best to split up the coins but there may be extra lead time before we can honour redemption of minority chain coins and hence these will be subject to an extended period of price volatility. However, only tokens from the majority chain would be supported for further trading on the Unocoin platform after the successful split. On determining the stability of each chain after the fork, users will be encouraged to submit their addresses to redeem their coin balance on the minority chain **starting** with in **two weeks** after the split. We will keep you updated on the detailed schedule of operations regarding the split in the coming days (nearer to the date of the fork). As the disbursals are manual, **there will be a deadline of 4 weeks since the fork within which the users have to submit their address of the minority chain coin on** [**www.unocoin.com**](http://www.unocoin.com/) (this option won’t be available on the mobile apps). Unocoin will strictly not be accepting the redemption of minority chain coins after this deadline. The disbursals of coins on the minority chain would be processed soon after. **A more definitive timeline will be provided soon.** Thank you. **Update on 24th October 2017:** To avoid the confusion in the bitcoin community which could seriously affect the bitcoin ecosystem, we have made some revisions our stance above. **We will be treating the legacy bitcoin blockchain (present bitcoin blockchain that is supporting 1MB blocks) as the bitcoin (BTC) and will be allowed to trade for INR.** The forked coin which is the result of the SegWit2X implementation will be treated as the minority chain coin (B2X). We will be allowing the B2X to be withdrawn by our customers after the split as per the timelines above. ### Also Read: **Categories:** Blog --- ### [10 Commonly used Bitcoin Terms Explained](https://blog.unocoin.com/10-commonly-used-bitcoin-terms-explained/) **Published:** October 20, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Y-QpREQy2WmqUxcOb-lpLA.jpeg)10 Commonly used Bitcoin Terms ExplainedBitcoin has become, or rather — is, one of the most desired cryptocurrencies today, yet there are people who don’t know it too well. Bitcoin comes with its own set of jargon, which would be useful for you to know even if you’re not intending to trade. Beginners, as well as experts, encounter the same terms, and without knowing them, it would be fairly difficult for someone to understand the currency. Here we list out 10 of the most ordinary ones. #### \#1 — Blockchain All the transactions made using bitcoins are registered in a public ledger, which can be viewed by anyone in this world. This public record is called a blockchain — and it’s what made bitcoin so great in the first place! The blockchain contains all the transactions ever made using bitcoin. Hence, the bitcoin technology actually depends on the people, instead of some specific organisation. The global network of all computers involved is responsible for the working of this technology. #### \#2 — Block Block is a part of the blockchain. If the blockchain is a notebook, a block would be considered as a page of that notebook. The block records the most recent transactions, and these transactions are verified every 10 minutes through the process we call mining (more on mining, down below). Therefore, the blocks connect all the transactions together and all the blocks together form a blockchain. The records once were written cannot be altered. This property makes double spending (again, more on this, below) an impossible task. #### \#3 — Cryptography According to the basic definitions of cryptography, it is the process or art of making and deciphering codes. Cryptography is the foundation of Bitcoin, which is why it is called a ‘cryptocurrency.’ Bitcoin transactions are anonymous. This happens largely because of cryptography. The information is sent in an encrypted format and it can be decrypted only at the end of the receiver so that no one else is able to see it in the middle. This not only makes the transaction anonymous but also secure. This technology is used in blockchain hash functions, and bitcoin addresses. #### \#4 — Decentralisation All of us have heard that [bitcoin is a ‘decentralised’ currency](https://blog.unocoin.com/decentralisation-simplified-who-controls-bitcoin-fb311291c7b6). But why? This is because there is no country or organization who owns the bitcoin network. The working of bitcoin is based on a peer to peer protocol. All work is partitioned between the people who own bitcoin. The users need to communicate with each other and send information to each other, instead of approaching an organisation such as a bank. #### \#5 — Satoshi Satoshi Nakamoto is the brain behind bitcoin. In 2008, a research paper was posted to a cryptography mailing list. The person or persons who posted it had the username of Satoshi Nakamoto. A peer-to-peer electronic cash system was elaborately defined. It was the first time that the network was secure, efficient, affordable and the problem of double spending had been solved. It was a turning point in the history of cryptocurrencies. Nobody knows who Satoshi is — but we’ve covered suspects [extensively in a post here](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056). Sidenote: A “satoshi” is also the smallest unit of bitcoin — 0.00000001 BTC. [![](https://cdn-images-1.medium.com/max/800/1*emgeRPm9HJ9lALjdkQZLdg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=10_commonly_used_bitcoin_terms_explained)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.#### \#6 — Mining The blockchain is checked every ten minutes to confirm transactions. This process is carried out with the help of bitcoin mining. Bitcoin mining involves using a computer to perform mathematical calculations, to check the authenticity of every transaction and to confirm them. Miners are people who are technologically literate enough and possess solid high powered systems to perform this task. Miners are awarded bitcoins for every block of transactions that they verify. Do you think mining is worth it? [Read on here](https://blog.unocoin.com/bitcoins-mining-vs-buying-8610b1b0c0b6). #### \#7 — Change This is fairly simple mathematics. Say you head to a store to buy something and pay an amount greater than the price of the object. You will be returned extra money — which is called change. Bitcoin follows the same concept. When the unspent output of a transaction is used as the input in a new transaction, ‘change’ is returned if the amount is higher than required. For example, if you have 5.95 BTC unspent from a previous transaction, and it is used in another transaction that requires 5 BTC, you will receive 0.95 BTC back as change. More on this at the [Bitcoin Wiki](https://en.bitcoin.it/wiki/Change). #### \#8 — Private Key Whenever we use an online payment gateway, we either have a password or a code with the help of which we are able to spend our money, and no one else can. Similarly, in bitcoin, you have a password, using which you can spend the bitcoins from your bitcoin wallet through a cryptographic signature. This password, like any other password, should never be revealed to anyone. #### \#9 — Cold Storage With the help of a bitcoin private key, you can securely store your bitcoins in a secure offline environment. It is the reverse of hot storage in which one needs to be connected to the web for all transactions. There are different ways in which bitcoin can be stored in cold storage- for example, a USB drive or some other storage medium, a paper wallet, as physical bitcoins, etc. #### \#10 — Double Spending We’ve covered this explanation in our [comprehensive ultimate bitcoin guide](https://blog.unocoin.com/the-ultimate-guide-to-bitcoin-part-1-3eb08949e5d7?gi=78b4ee0c94eb). Double spending typically means spending the same money twice. Suppose we pay a shopkeeper Rs. 100. Now the shopkeeper owns that money, and we cannot use the same money to buy something else. However, in case of digital currency, our money is in the form of bits, which are much easier to copy and hence double spending is theoretically possible. Bitcoin is a hit because it prevents double spending, thanks to all the transactions being stored in the blockchain and getting verified by the miners. If you try to double spend, both transactions will be stored in the ledger and after verifying the first one, the miner will declare the second transaction as invalid. [![](https://cdn-images-1.medium.com/max/800/1*9_9qmoIcQRBsdGOfd3xuHA.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=10_commonly_used_bitcoin_terms_explained)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Unocoin’s Stance on The Upcoming Hard Forks](https://blog.unocoin.com/unocoins-stance-on-the-upcoming-hard-forks/) **Published:** October 25, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*s5NRj0BNGy3Nz9U2L-4rUQ.jpeg)Unocoin’s stance on the upcoming hard forksDear Customers, Unocoin believes in the principle of highest customer benefit without compromising on the security of funds in the event of hard fork/network split. Forking of a cryptocurrency network can now be seen as a way that many organizations have identified to spread out their tokens to a wide audience. As the forked chain can also be programmed to award some pre-mined coins to founders, change the mining algorithms and difficulty levels dynamically, there won’t be a technical limitation to such feats and all it needs is a small team of programmers and a small community following to support such forks. We have seen numerous such forks so far but only one has sustained till now (Bitcoin Cash). We may even see the new age fundraising & fund distribution taking this approach in the future. Unocoin is presently designed to be a single cryptocurrency trading platform and is supporting Bitcoin trading since the last 4 years. The number of hard forks that could emerge is not in control of Unocoin. Supporting all the hard forks will require significant resources and manpower involving investigation of the forking-code base and supporting team along with the research & development of the infrastructure to support the forked coins and finally for the disbursement of those coins. As this could become impractical very fast, it pushes Unocoin to have a stance in general regarding the hard forks. Keeping the above-mentioned reasons in mind, **Unocoin will not be supporting any hard forks for bitcoin or any other cryptocurrency upfront unless stated otherwise including the disbursals of those forked coins (based on the due diligence & discretion of Unocoin)**. However, Unocoin may choose to support forked coins in future if it proves to be significantly valuable and secure. Whenever this happens, either Unocoin will list the coin on [www.unocoin.com](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=our_general_stance_regarding_hard_forks) to trade/exchange or will enable distribution of the forked coins with a strict deadline of 4 weeks since the event of the fork. In these 4 weeks, we will do our best to support weekly distribution cycles as such distribution may need intensive manual work. The undistributed or unclaimed (after the 4 weeks deadline) forked coins will either be untouched/burnt (if they do not have considerable value) or they will be used for the benefit of customers at the discretion of Unocoin. Customers who need access to the forked coins irrespective of Unocoin’s stance or do not want to support our above stance for whatever reasons or as soon as the fork happens are requested to withdraw the bitcoin before the particular fork in question and keep the bitcoin in your own bitcoin wallets. We won’t be able to officially recommend any wallets. However, at your own risk, you may choose hardware wallets like Trezor and Ledger, or software wallets like Jaxx and Coinomi which generally start supporting the forked coins quite fast or you can opt for any forking community’s official wallets. Regarding the two upcoming hard forks, keeping in mind the safety & security concerns pertaining to the “Bitcoin Gold” fork due to the instability of network and insignificant support, Unocoin is not supporting “Bitcoin Gold” at present, but might extend support at a later date which would be informed effectively to the customers. Unocoin’s current priority is to support the Segwit2x fork (planned at block-494784 \[Read more @ [this Unocoin News article](https://blog.unocoin.com/?p=796)\]). Regards, Sathvik Vishwanath Co-Founder and CEO, Unocoin **Categories:** Blog --- ### [Bitcoin’s SegWit Explained](https://blog.unocoin.com/bitcoins-segwit-explained/) **Published:** October 25, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*TuJO1JJGQYKf4Rc71pJKrQ.jpeg)Bitcoin’s SegWit ExplainedThe Bitcoin community has been dealing with a lot of ‘SegWit mania’ lately. It’s a fairly technical term that many don’t understand, and instead only seem to be hoping that it would pass and not impact Bitcoin’s value. Unfortunately, that isn’t the best way to go about things. Which is why we’re here — to simplify and explain SegWit for you. Let’s begin. ### The Technical Basics Bitcoin transactions are represented in a peer-to-peer network of systems as a blockchain. These systems, known as nodes, administer all the bitcoin transactions. A copy of every transaction is virtually sent to all the nodes in the blockchain. A Bitcoin transaction is a data that consists of inputs and outputs. Inputs, in layman terms, are the information of the sender and the outputs are the information of the recipient. This information is the public address of the sender and the recipient. It also contains a signature, which verifies whether the sender has the required funds to complete the transaction. So, if A is a sender, he would initiate the transaction by sending the Bitcoins to a certain public address, that is, the receiver B. Once this transaction is verified by all the nodes, the transaction is included in a block and added to the blockchain for public access. Problems arise when these transactions are very large in number like they are currently. With more and more transactions, more blocks are needed to store them. However, these blocks are constrained to only 1 Megabyte (1 MB) size. They can hold only a limited number of transactions. After every few transactions, new blocks are piled in the blockchain. This weight of transactions, represented by blocks, is congesting the network and making it slow. Sometimes a transaction may take hours for confirmation. To solve this problem, the method of Segregated Witness (SegWit) was considered. It intends to decrease the size of each block and was proposed by Dr. Pieter Wuille. What exists in a block is the information of a transaction, in the form of a script and signature data. The signature data contains the digital signatures of the client who is sending the money to the receiver while script would include all the information such as transaction ID, amount, and receiver address etc. The digital signature is a unique key assigned to every client to perform transactions and is used to verify whether a user has the amount of money he is transferring and the validity of his account, thus taking up most of the space in a block. All the transactions must necessarily contain a digital signature, which also makes it virtually impossible to hack the operations. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_segwit_explained)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### What does SegWit Do? Under the proposed system of Segregated Witness, an extended block must be created alongside the main block. This extended block would contain the signature data of the transaction. The system proposes that the main block is divided into two, one with just the signature data, and the other with just the record of the occurrence of the transaction. This would substantially reduce the space occupied per transaction in the main block and would enable the recording of a greater number of transactions without piling up more and more blocks frequently. This would also reduce the weight per block in the blockchain of transactions, which in turn would reduce congestion and ensure that the network does not slow down. Thus, transactions could be verified much quicker than they are being currently. Almost 95% of the Bitcoin community has accepted the SegWit proposal. For this, it is required to sign off for the Bitcore Core client for at least two weeks, before SegWit can be activated. ### Breaking Down Hard Forks & Soft Forks A hard fork is a permanent divergence from the blockchain. It is an absolute change in the protocol of the system. It can make the old transactions and blocks invalid or valid. A hard fork requires users to upgrade to the latest protocols. It creates paths in the main blockchain — one which follows the users with the upgraded software, and the other which allows the users to follow the old path for a short period of time, during which they can upgrade to the newer software. A soft fork, on the other hand, requires only a majority of the users to upgrade. It invalidates the previously valid transactions. Hence, the old users can now upgrade to the newer versions and start afresh. It hence creates a bridge between new and old software. SegWit is a ‘soft fork’. That means it is compatible with the old code as well and can be implemented on the entire blockchain. Unlike a hard fork, which creates an entirely new currency aspect with effect, SegWit can be implemented for all transactions from a date in the past. For example, all transactions from 2013 can be used and SegWit can be implemented on them. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_segwit_explained)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin is going to space](https://blog.unocoin.com/bitcoin-is-going-to-space/) **Published:** October 27, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*PG34CBScIEQ6JEqdTlideg.jpeg)Bitcoin’s blockchain is now being beamed from space by geosynchronous satellites.Ever since bitcoin came into existence, it has been a much better alternative to fiat money as a [decentralised, peer to peer cryptocurrency](https://blog.unocoin.com/decentralisation-simplified-who-controls-bitcoin-fb311291c7b6) free from governmental manipulation, control, and surveillance. With [anonymity and security as its unique selling points](https://blog.unocoin.com/how-private-is-bitcoin-cc55734b3d7a), bitcoin has captured the public imagination overcoming external setbacks and governmental opposition. Now the system is only set to get more robust with the transmission of the bitcoin blockchain from space. Blockstream, a private company, now streams the blockchain from space through rented satellites. The service is now available for free across the Americas, Africa and most parts of Europe. The satellite transmission of the blockchain preserves the integrity of bitcoin as one cryptocurrency with one public ledger (blockchain) even if the internet goes down and also opens up access to bitcoin to people who aren’t connected to the internet. ### Redundancy of connections between nodes The integrity of transactions made using bitcoin is ensured by a public ledger called the blockchain, which contains a record of all transactions ever made with bitcoin. The complete blockchain, which has a size of 160 gigabytes, is now maintained in servers or computers which are called nodes. These are used as references in validating new transactions. The validated transactions are then added to the blockchain maintained by these nodes. To validate every transaction, information of the transaction is sent through nodes until one node validates it and the new validated transaction is accepted and incorporated into the blockchain by every node. For every node to have the same blockchain, that is, the same record of transactions made, they must be connected to each other all the time. This is essential if bitcoin has to stay as a single cryptocurrency. If there is a disconnection in the peer to peer network between nodes, that is, if a node or a group of nodes is isolated from the rest, two versions of the blockchain are formed and bitcoin ceases to be a single currency. Thus, it has to be ensured that nodes don’t get isolated or separated from the network. The risk of separation can be made negligible by introducing redundancy into the system. If nodes are connected to each other in multiple ways using different modalities of data transmission, it makes the system that much more resilient in the face of disruption. ### Satellite transmission of blockchain Nodes with the blockchain exchange information with each other through the internet. The internet connects servers throughout the world via fiber optic cables that run through the ground and underwater. If this transmission link is cut due to disruption of the fiber optic cables, for example, a transatlantic cable disruption, an entire continent’s internet would be isolated from the rest of the world’s internet. Record of any transaction made using bitcoins during this period of separation is not shared between the separated nodes and eventually, even when the connection is restored, such transactions are not recognised by the now reconnected nodes. To prevent this from happening, it must be ensured that the nodes stay connected no matter what. A step in this direction is the beaming of the blockchain to almost all areas of the world from geosynchronous satellites by Blockstream, a private company. Thus, even if the internet connection between nodes is disrupted, nodes could synchronise by sharing data through the satellite connection. Further, beaming the blockchain from space also serves a noble cause in enabling universal access to bitcoin. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_is_going_to_space)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Opening up access to the needy **The people most in need of bitcoin in poorly performing economies with bloated currencies are often those who lack access to the internet and by extension, bitcoin.** In such areas where an internet connection could be prohibitively expensive, satellite transmission of the blockchain could be a boon. It takes less than $100 to set up a node and receive blockchain data forever from the satellite for free. All one requires is a personal computer, a TV satellite dish, a USB dongle and a receiver. Entire communities could pitch in and maintain a node at almost zero maintenance cost while gaining access to bitcoin. Though internet would still be required to transact in bitcoins, the cost would be very low for data transfer involved in bitcoin transactions. Other solutions such as short messaging service (SMS) can also be utilised to enable transactions in bitcoin. **The move by Blockstream to beam the bitcoin blockchain via satellite will benefit scores of underprivileged and needy people as bitcoin, a universal, strong currency, could revive their livelihoods and economies.** It also serves as a backup or redundant modality of data transmission helping nodes stay connected in case things go awry with the internet connection. Blockstream is hoping to cash in on subscription from node owners who want to make sure their nodes always stay connected with the bitcoin peer to peer network. Blockstream also plans to allow developers to develop products around bitcoin that could be beamed from satellites and make money from the added services. Plans are afoot to lease more satellites to reach Asia and Australia within this year. ### Let’s wrap up what we just learned - As a peer to peer cryptocurrency, the blockchain is integral for bitcoin as a validated record of transactions - Many blockchains and multiple versions of bitcoin may result if communication between nodes is broken and thus, it is essential to keep the nodes connected. - Blockstream’s satellite blockchain streaming service offers assurance that nodes will stay connected even if the internet goes down. - Blockstream’s service could also help the underprivileged and needy access bitcoin, with limited or no access to the internet. - It costs less than $100 to set up and maintain a node for a lifetime with Blockstream’s service. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_is_going_to_space)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoin Segwit2X: What you need to know](https://blog.unocoin.com/bitcoin-segwit2x-what-you-need-to-know/) **Published:** October 31, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*XGhd9HJLvZUdGTiS.)Before mass adoption, bitcoin has to undergo some changes.We’ve covered Bitcoin’s SegWit earlier. If you haven’t been following — SegWit stands for Segregated Witnesses. It’s a proposal to modify how bitcoin and its blockchain (the public ledger of bitcoin transactions) work so that a larger number of bitcoin transactions could be carried out in less time. Segwit2X goes a step further than SegWit and proposes another added measure to increase the speed of transactions on the bitcoin network. For all the [security, anonymity and freedom](https://blog.unocoin.com/how-private-is-bitcoin-cc55734b3d7a) from central control that bitcoin offers, transaction speed has always been its Achilles heel. To put things in perspective, while a payment gateway like Visa can process thousands of transactions every second, the bitcoin network can process only seven transactions per second. If you wonder why transactions are slow and how Segwit2X could bring about a change, read on. ### Blockchain and Block size **Bitcoin transactions are recorded in a ledger of transactions that is called the blockchain.** It is made up of blocks which are linked serially to form the whole chain. Each block, in turn, holds transactions that have been validated over a period of about ten minutes. Bitcoin rules restrict the maximum size of a block to 1MB. Thus, only a limited number of transactions can be validated in a given amount of time (Up to a maximum of seven transactions per second). The transaction limit wouldn’t be much of a problem if the number of transactions is low. But now that bitcoin is becoming mainstream and the volume of transactions is expected to rise exponentially, it could mean long delays before transactions could be validated. Also, people who validate transactions called miners could charge more for priority validation. This is a serious problem confronting bitcoin which needs to be solved for bitcoin to scale up and become ready for mass adoption. Thus, bitcoin rules have to be changed to enhance transaction speed. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_segwit2x_what_you_need_to_know)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Soft fork and hard fork **A fork is caused by a change in the bitcoin rules about how transactions are validated and added to the ledger.** This change in a rule can either be adopted by all, by some, or by none. In the first and the last scenarios, everyone either plays by the new rules or by the old rules. But in case that some accept the new rules and some don’t, bitcoin could split into two cryptocurrencies. This is called a fork. That is, two different versions of the blockchain are created, with each group following one. A soft fork differs from a hard fork in those nodes (serves or computers which have the whole blockchain stored in them) following the old rules still recognise transactions validated under the new rules as legitimate. Thus, to avoid a soft fork, it isn’t necessary that nodes are upgraded to follow new rules. A soft fork can be avoided with just miners validating transactions under the new rules as nodes following old and new rules will accept the new rules. The implementation of SegWit requires the support of miners alone to avoid causing a soft fork. ### SegWit — a novel proposal Segregated Witness, SegWit in short, is a novel proposal we’ve covered previously as well. SegWit increases the limit on the number of transactions that could be made in a period of time. It is novel in that it does this without increasing the block size of 1MB. Thus, no existing blockchain rules would have to be changed. To understand how SegWit works, you need to know how bitcoin transactions work. Each bitcoin user has a bitcoin wallet identified by its unique address. And each wallet has a public key and a private key. When you send bitcoins to someone, what the software does is take bitcoin from your account and lock it with the recipient’s public key. This information is added to the blockchain. Afterwards, only the recipient can use their private key to unlock the bitcoins and use it in some other transaction. To allow everyone to verify that the transaction has been authorised by you and has not been made fraudulently, your signature is needed. The signature is a piece of code on which your public key can be used to verify that the transaction was authorised by you. Thus, your signature along with your public key is also added to the transaction information stored in the blockchain. What SegWit does is to segregate this information and place it at the end of the transaction data with each transaction. Miners can see your signature and verify that the transaction was authenticated by you. But the signature doesn’t get added along with the other transaction data directly to the blockchain. Instead, all signatures are separated from other transaction data and are compressed together by a process called hashing. The resulting hash is added to the blockchain. Thus, the size of transaction data comes down and more transactions can be accommodated in a single block without exceeding the 1MB limit. ### SegWit2X — increasing block size SegWit2X goes a step further and proposes an increase in the block size to 2MB three months after SegWit is activated. This change requires both nodes and miners to accept the change to avoid causing a hard fork. **Though SegWit comes with a host of benefits, the bitcoin community is divided on the possibility of potential pitfalls with the implementation of Segwit2X.** Some believe the implementation of SegWit2X could give bigger bitcoin mining pools an undue advantage in validating transactions, thus centralising bitcoin. There are also fears that increase in block size with Segwit2X could lead to network delays and might crash the system. While SegWit rolled out in August and is now being slowly adopted for general and corporate transactions, the debate on Segwit2X is still ongoing and no consensus has been reached as yet within the bitcoin community. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_segwit2x_what_you_need_to_know)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [What Happens To Lost Bitcoins?](https://blog.unocoin.com/what-happens-to-lost-bitcoins/) **Published:** November 2, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*VeWVnHJQFREz33IK.)What happens to lost bitcoins?As we know, [only 21 million bitcoins will ever exist. ](https://bitcoin.stackexchange.com/questions/8439/why-was-21-million-picked-as-the-number-of-bitcoins-to-be-created)But what would happen if a person who possesses bitcoins dies, or perhaps never uses them? Are they considered to be taken out of the bitcoin circulation? Researchers have found that a full 64% of bitcoins have never been spent; the question is whether they still *can* be. ### Unspent bitcoins According to a Bitcoins researcher, [Greg Schvey](http://thegenesisblock.com/author/greg/), it is tough to tell apart lost bitcoins and those which are just being saved for a rainy day. However, the blockchain includes every transaction ever made using the currency. Whenever miners verify new transactions, what they’re actually doing is adding on new blocks onto the blockchain. So these unused bitcoins just sit on the blockchain until someone uses their private key to move them to another address. There are ways to analyze the blockchain and see how long bitcoins have been idle or unused or haven’t moved around for a period of time. However, there is no way of knowing whether they are permanently inaccessible or not. Bitcoins can be lost or misplaced because of various reasons including death, hardware failures or even plain carelessness. A programmer in Florida, Laszlo Hanyecz had supposedly bought two pizzas in 2010 for 10,000 Bitcoins. If he had done the same in 2017, the era of the Bitcoin’s zenith point, that particular pizza would have cost him at least $ 10 million. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_happens_to_lost_bitcoins)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.However, such stories are not extremely surprising or uncommon back in those years; especially because no one had a clue about the cryptocurrencies’ value in the coming years. In 2013, there was another tale was a Welsh IT worker, [James Howells who had lost almost 7,500 Bitcoins](http://www.bbc.com/news/uk-wales-south-east-wales-25134289)! Apparently, he had accidentally thrown out an old hard disk which contained his private key. And according to reports today, that disk now lies under tones of piles of landfill inside a waste recycling centre in Pillgwenlly, Newport. If Howells had taken a little care of the same hard disk, he would be a millionaire today! ![](https://cdn-images-1.medium.com/max/800/0*-nWAuBfGQjlckLCP.)Representing bitcoin private keysWith the addition of famous reported stories of Bitcoins, there are also numerous lesser known ones. In 2010, London-based developer David Kitchen mined around 50 bitcoins, then halted mining them because he got annoyed with the noise of the fans on his mining computer. Immediately, he put away all of those mined coins onto a USB stick and forgot about it, until its prices had begun intensifying. Sadly, by then David claimed to have lost it. “At the peak, the Bitcoins would have been worth around £50k. I looked, on many occasions, but have never found it. I suspect I didn’t actually lose the USB stick but just overwrote it with a Linux installer or something, the modern equivalent of recording a TV program over a VHS of your wedding,” he had said. ### Can we recover lost coins? It is very safe to say that many people have lost their Bitcoins. The real question is whether the Bitcoins are lost for good or not? As the price of Bitcoin continues to rush forward and its demand for cracking forgotten passwords increases, services have come up to assist people in recovering their Bitcoin wallets. However, these options are limited. There are also a number of tutorials to recover bitcoins in cases of technical difficulties. “Presumably the rate of losing coins will go down because people are very much careful about how they are stored,” says Schvey. “People are investing so much money into mining Bitcoin, they’ll take proper practices.” He adds. ### How can you prevent Bitcoins from being lost? ![](https://cdn-images-1.medium.com/max/800/0*XMcAoLgLEulxKxys.)How can you prevent bitcoins from being lost?- Make sure to keep your Bitcoin Wallet always backed up and encrypted. - Avoid keeping Bitcoin money on your smartphone; instead, move them to a cold storage (offline wallet) or a hardware wallet. - Use password managers which can easily generate and store your passwords on multiple devices securely. - For future safety, consult a legal expert and make a plan for your family to access your Bitcoin in case something would happen to you. - Make sure to upgrade to a two-factor authentication to all your Bitcoin related accounts for better safety. Though these would take time for their implementation, it can make a huge difference in the end. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_happens_to_lost_bitcoins)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [India may launch its own cryptocurrency](https://blog.unocoin.com/india-may-launch-its-own-cryptocurrency/) **Published:** November 7, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*kt4xxJsXXs-b89AE.)India may launch its own cryptocurrencyThe Indian government is reportedly considering introducing its own digital cryptocurrency, similar to bitcoin. With the rising popularity of bitcoin in all financial markets, the government is now looking at a government-issued digital currency. India’s central bank believes that digital currencies are susceptible to misuse, and hence chose to issue one themselves. This cryptocurrency will fall under the domain of the Reserve Bank of India (RBI). According to [Business Standard](http://www.business-standard.com/article/opinion/avoidable-lakshmi-117091901316_1.html), the cryptocurrency will be code-named ‘Lakshmi’ — after the Goddess of wealth. If introduced, Lakshmi should run on an implementation of the blockchain technology used by Bitcoin itself. Off late, India has been pushing the digital payments agenda rather strongly. As a part of the government’s cashless initiative, there has been ‘notable growth’ in the bitcoin market in India. Since then banks have been trying to make [blockchain](http://mitsloan.mit.edu/newsroom/articles/blockchain-explained/?utm_source=mitsloantwitter) work, and for that, it would need some cryptocurrency: Lakshmi. ### Background The RBI believes that cryptocurrencies pose potential financial and legal customer protection and security related risks. The recent cyber attacks “ransomware” hackers encrypted the victim’s data and demanded that they send payment in bitcoin in order to regain access to their computers. We must know that bitcoins are a currency because people choose to accept them as a medium for exchange for any kinds of goods and services. Cross-border money transfers and dark web notoriety do make governments jittery, but cryptocurrencies are working very well for [people who want anonymity](https://blog.unocoin.com/how-private-is-bitcoin-cc55734b3d7a), something which no fiat currency can offer. Despite RBI cautioning users on cryptocurrencies, [India is seeing some rapid expansion on bitcoin users](https://blog.unocoin.com/indians-are-welcoming-bitcoin-with-open-arms-b38c8ae35a6) — it has over 5,00,000 bitcoin wallet users and the Indian Government did mull over the implementation of Know your Customer (KYC) norms to ensure safe transactions of cryptocurrencies. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=india_may_launch_its_own_cryptocurrency)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Progress on Lakshmi Apart from a nod by the RBI, the State Bank of India has also taken the initiative to bring lenders and tech companies together for using Blockchain technology to share information among banks. This should eventually prevent frauds and tackle bad loans which are almost one-fifth of the bank’s loan book. This has been given the name “Bankchain” and is in partnership with IBM, Microsoft, Skylark, KPMG and 10 other commercial banks. ### The Bitcoin Impact Thanks to the [unrelenting popularity of bitcoins](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27), Unocoin is trying to make payments in cryptocurrency mainstream. With a number of startups that have opened Bitcoin wallets in India, it isn’t hard to estimate the impact bitcoin has had on a global scale. Despite the fact that dealing in cryptocurrency is still nascent, more people are taking an active interest in it every day. Cryptocurrencies have led to the emergence of new markets which are controlled by no one. The masses themselves will rise up as the managing body and will handle and maintain such innovative markets. This has probably led the Indian government to sit up and take some interest in fiat-cryptocurrencies. Want to get started? Open a Unocoin account [here](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=india_may_launch_its_own_cryptocurrency). [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=india_may_launch_its_own_cryptocurrency)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Bitcoins vs Stock Markets: A Comparative Study](https://blog.unocoin.com/bitcoins-vs-stock-markets-a-comparative-study/) **Published:** November 9, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*s85WVn2_0LnJuXk6.)Bitcoins vs Stock Markets: A Comparative studyStock markets have been an important means of investment for a long time. Compared to that, bitcoins traditionally have been approached as digital currency. Although that is bitcoin’s principal use, its application is not restricted only to this. Despite its volatile nature, bitcoin has proved to be a viable alternative asset class for millions of people. Below is a comparative study that might help you distinguish between investing in bitcoins and in stock markets: ### 1. Profit-Making Capacity Investing in the stock markets require a lot of patience as making a considerable amount of profit on your investment is a slow process and could take a few years. Bitcoin has been famous for its volatile nature as there are massive swings in its value within a very small time period. Therefore, buying bitcoins with the same amount of risk taken as investing in the share markets, could prove to be a swift alternative in terms of profit-making. ### 2. Global Reach Bitcoins have no borders as they are accepted in over 180 countries worldwide. They are truly global in nature and easily transferable with incredibly low transaction fees. As opposed to this, many traditional investments require formal accreditations, are limited to qualified institutional buyers and also invite high trading fees. This quality of bitcoins is addressing the concerns of many large institutions and retail investors and inviting them onboard. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_vs_stock_markets_a_comparative_study)Use coupon FBE200 & grab free bitcoin worth Rs 200.### 3. Supply It is a known factor that Bitcoins can never be created beyond 21 million in number. The use of bitcoins by more and more merchants is causing a steady rise in the demand for Bitcoins. The limited supply factor is very important as it will ensure that demand is always more than supply, making it sensible to invest in Bitcoins. On the contrary, there is no such limitation imposed in the share market which ensures a predictable trend between demand and supply. ### 4. Risk Factor There has been some concern over the volatile nature of the bitcoin system, as it is based purely on demand and supply. However, the risk is the same in the case of the share market as well. The differentiating factor here is that the stock market is safe in terms of government backing, while bitcoins belong to a decentralized network. Yet, there are many who have been able to trust this network and have made profits ranging in millions of dollars. ### 5. Ease of Trade Stock markets take away a considerable amount of investment as trading charges, brokerage charges, taxes, etc. To start trading on the stock market, one has to go through the hassle of finding a registered broker to start a demat account and further lose a considerable part of the investment in brokerage charges. On the contrary, buying bitcoins is lucrative, with its minimal transaction fees. These transactions are also clean, fast, transparent and non-reversible transactions. All you need to do is pick a bitcoin wallet and ensure you give the right wallet addresses while trading. Wrapping up, bitcoins have become a global phenomenon and are accepted in over 180 countries worldwide Regardless of the fluctuations in value, bitcoins remain independent. They are not affected by the policies of any government or financial institutions. The limited supply of bitcoins ensures a greater demand than supply. Transactions made through bitcoins are cheaper, with low transaction fees [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoins_vs_stock_markets_a_comparative_study)Use coupon FBE200 & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Why is the price of Bitcoin higher in India?](https://blog.unocoin.com/why-is-the-price-of-bitcoin-higher-in-india/) **Published:** November 14, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*kVPEKNypxnwrsyEc.)Why is the price of Bitcoin higher in India?The [price of Bitcoin is subject to fluctuations](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27) and variations across geographical locations, times of the day and even transactional portals. This fact seems to contradict popular opinion, which says Bitcoin holds a universal value throughout the world. The value of Bitcoin is governed by the laws of supply and demand. This simply means that the price of Bitcoin would be determined only by the amount the market is willing to pay for it. The higher the number of people interested in buying Bitcoins, higher would be its price. On the other hand, if a lot of people want to sell Bitcoins, that would reduce its price. ### What factors determine Bitcoin’s price across time and exchange portals? While the value of Bitcoin is dependent on a multitude of factors, market size, and nature, along with the exchange volume and price paid for the entry into the Bitcoin market are some of the major influencers. The market for Bitcoin is relatively small. Added to that, Bitcoin is a fast, borderless and decentralized cryptocurrency, with an asset class attached to it. With its undeniable utility, it is evident that as and when more people start using and understanding Bitcoin, it will create a more diverse trade network with an exponentially higher number of merchants dealing in Bitcoins. The ongoing interaction between Bitcoin buyers and sellers at a given point in time determines its price at that instance. If a certain market believes that the price of a certain commodity like real estate or Bitcoin will increase in the future, they are more likely to pay for it now. While the traders determine the value of Bitcoin at a given point in time, it is important to note that its price also varies across transactional portals. This is again dependent on the number of traders active on a portal for Bitcoin transactions. Moreover, Bitcoin exchanges and organizations dealing in Bitcoins determine an upper and lower limit based on what value a seller is willing to sell it for and what amount a buyer is ready to pay for it. The price is finally determined between these limits depending on the pricing strategies adopted by the company. These strategies will differ across organizations depending on their internal policies, long-term plans and factors like taxes, margin and the market nature of the country these portals operate in. A lot of these third-party companies analyze Bitcoin and other distributed commodities to come up with predictions based on machine-learning driven financial and mathematical algorithms. The information procured from these analyses can manipulate the price of Bitcoin across exchanges too. An additional difference in prices can be attributed to imbalances between groups leading to microeconomic differences where companies might price Bitcoin higher to earn a profit off the difference between one microeconomy to other. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_is_the_price_of_bitcoin_higher_in_india)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Why is the price of Bitcoin higher in India? At a given point in time, both buy and sell Bitcoin prices in India are higher than the international market. This is mainly due to the fact that the [demand for Bitcoin is a lot higher in India ](https://blog.unocoin.com/how-can-you-get-bitcoins-in-india-7f1875fcd847?platform=hootsuite)than what can be perceived in the global market. Bitcoin prices vary across all exchanges even internationally. The price of Bitcoin determined on Indian exchanges is significantly higher than the other players in the market **because there are not enough sellers in India willing to sell at a lower price**. Thus, the two options left are increasing the selling price till a point where sellers are willing to sell their Bitcoins, or keep the buying price very high to discourage buyers. Another major reason behind the high price of Bitcoin in India is the nature of its currency — INR — that operates capital controls. This means that the Indian economy has residency-based measures like transaction taxes, limits, and prohibitions used to regulate flows from a capital market into and out of the country’s capital account. In other words, if you buy Bitcoins worth $1000 in India (roughly 65,000 Indian Rupees), you cannot get that money back out to the western exchanges to rebuy your Bitcoin at a lower price plus profit. However, the hawala system to move money in India facilitates this transaction internationally. With demonetization of the Indian currency, the normal hawala fee has risen from 15–20% to a 30–40% charge. The restrictiveness of INR has led to a higher exchange rate between Bitcoin currency and INR. ### How can we even the price difference out? Owing to the completely free nature of the Bitcoin market, an arbitrage would cause the difference in prices between the Indian and international values to settle. If the restrictive regulations on INR were to be removed, the markup added by the Bitcoin market to compensate for the lower value of INR (as compared to official exchange rates in other countries) would be eliminated on its own, thus reducing the price of Bitcoin in India. Furthermore, a growth in the number of Bitcoin sellers would ensure a higher supply of Bitcoins in the Indian market, thus decreasing the price. Putting a downward pressure on the price by increasing the supply and decreasing the demand would also enable Indian Bitcoin wallet-providers to offer Bitcoins at a price closer to the international price standards. Does it matter though? If buying prices are higher in India, so is the selling price. As an individual, you stand to make the same returns. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_is_the_price_of_bitcoin_higher_in_india)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [Unsure about when to buy bitcoin? Start with Unocoin’s SBP](https://blog.unocoin.com/unsure-about-when-to-buy-bitcoin-start-with-unocoins-sbp/) **Published:** November 16, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*yIhG5pNxz9VqGhAPVL1pyQ.jpeg)Unsure about when to buy bitcoin? Start with Unocoin’s SBPCryptocurrencies are still in a nascent trend causing schisms between the technological and the financial community. While the design and technology have intrigued everyone, the financial community questions its feasibility as an asset. Bitcoin, for instance, is considered to be more volatile than most other financial assets, including stocks and shares. The closest commodity you can think of as analogous to Bitcoin, is gold, owing to its financial behaviour. Both Bitcoin and gold are commoditised as they have functional utility, are limited in supply and still garner enough attention despite the skepticism around their volatility. ### Why is the value of Bitcoin so volatile? Although the value of Bitcoin is known to be volatile, the cryptocurrency does not have an acceptable value of the CBOE Volatility Index owing to the fact that it is still in the nascent stages of its evolution. The volatility of Bitcoin’s value can be attributed to a lot of factors: 1\) **Perception of Bitcoin’s “store of value” and “method of value transfer” have high variance**. A store of value is the function by which an asset can be stored for the future with some predictability. A method of value transfer, on the other hand, is any object or concept used to transmit property in the form of assets from one entity to another. Bitcoin’s current volatility makes it a tad bit debatable store of value, but it promises an almost smooth value transfer. 2\) **Large holders of the currency do not have a lot of options to liquidate the assets into fiat money.** If Bitcoin investors with current holdings above or around $10M were to liquidate their Bitcoin possessions, it would severely move the market. This is because Bitcoin’s volume resembles a small cap stock wherein the currency has not hit the mass market adoption rates required to provide an[ option value](http://www.investopedia.com/terms/i/intrinsicvalue.asp) to large holders of the currency. 3\) **Skepticism about security breaches makes investors react negatively**. Bad press and apprehensions around Bitcoin’s security and technological vulnerabilities reflect the level of confidence of investors in the cryptocurrency. The high fluctuation is a result of the general sentiment of the masses investing in Bitcoin. While a[ lot of other factors](http://www.investopedia.com/articles/investing/052014/why-bitcoins-value-so-volatile.asp) contribute to the high volatility of Bitcoin, a fraction of masses still go for the investment option for its huge returns. For those who prefer making conservative decisions, there are other avenues like Unocoin’s Systematic Buying Plans. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=unsure_about_when_to_buy_bitcoin_start_with_unocoins_sbp)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### What are SBPs? Unocoin’s Systematic Buying Plan (SBP) is an interesting financial concept that’s been ported and tailored to the bitcoin market. A systematic payment of a small amount over a continuous period of time, coupled with convenient payment through automated bank transfers makes this a lucrative option for investors. An SBP allows you to enter bitcoin at regular intervals to beat its volatility by averaging out the costs. Every time a certain amount of money is moved, additional bitcoins are purchased at the prevailing market rate. This is then added to your account. Hence, units are bought at different rates and investors benefit from the concept of[ Rupee-Cost Averaging](http://www.moneycontrol.com/news/business/personal-finance-business/what-is-rupee-cost-averaging-1566105.html) and the[ Power of Compounding](https://www.valueresearchonline.com/story/h2_storyView.asp?str=4007). While flexibility on the amount invested and the tenure of the plan, and significant long-term gains are some other benefits of an SBP, its strength lies in mitigation of volatility. ### Unocoin launched an SBP to fight the skepticism around Bitcoin Despite the mystery around Bitcoin, the recent growth of the cryptocurrency from a trading figure of $200 in 2013 to nearly $6,000 in 2017 makes it look like an attractive money-minting machine. Bitcoin, as we all know is difficult to understand. Unocoin attempted to simplify the concept and provide Bitcoin services to the masses. Its mobile apps enable users to purchase and store bitcoin through smartphones and allow them to send bitcoins to each other via the account. With the dilemma around investing in Bitcoins increasing, Unocoin partnered with Blockchain, thus giving users greater purchasing power directly within their Blockchain wallets without compromising user security or control. In 2016, Unocoin launched its full-featured mobile bitcoin app, with 24/7 access to real-time bitcoin market prices and instantaneous trading transactions on November 28. This came with a Systematic Buying Plan (SBP) to buy bitcoins systematically, instead of buying them in one-go. Unocoin envisions to accelerate the adoption of the cryptocurrency among the masses, particularly among mobile users. This will facilitate trades to be executed in real time with constant monitoring of the bitcoin prices. The Unocoin-SBP in the app allows people to buy Bitcoin, on a daily, weekly or monthly basis. The dashboard on the app can show historic trends and current prices. The best part of the SBP is that you can enable or disable the plan any time as per the requirement. When enabled, the corresponding amount of bitcoins equivalent to your SBP value (a predetermined amount in INR) are credited to the user-account automatically. One can just disable SBP when he/she does not want to buy any more bitcoins. Users need to fund their wallets with the Indian currency (INR). The minimum investment is only 50 INR per interval. ### Summary While Bitcoin’s value amuses investors with its erratic nature, the market has a lot of more stable options to offer. With the financial market’s SIPs rapidly gaining popularity among the masses, Unocoin has decided to merge the best of both worlds by designing an SBP on Bitcoin-assets. This aims to transform the way people look at Bitcoin and improve the sentiment around investing in Bitcoin. Thus, the future of Bitcoin looks a little more stable than what the opinion was a few months ago. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=unsure_about_when_to_buy_bitcoin_start_with_unocoins_sbp)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: **Categories:** Blog --- ### [What to know before you start with Bitcoin](https://blog.unocoin.com/what-to-know-before-you-start-with-bitcoin/) **Published:** November 21, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*fzwY4abCBTi5Q_jJhpGnnQ.jpeg)What to know before you start with bitcoin?The latest that’s been going on about cryptocurrencies, and Bitcoin, in particular, has garnered a considerable amount of attention from the public as well as Governments. Some look at it with awe and wonder and some with skepticism, but unlike before when it was kept well under wraps, today it is being discussed by everybody and governments are forced to start paying attention to this and do something about it. There are of course some ambiguities concerned with Bitcoin — about what it is, what it does and whether it’s going to stay or dissolve. Here is [some basic information](https://blog.unocoin.com/10-commonly-used-bitcoin-terms-explained-b50e8c484a44?source=collection_home---6------0----------------) that you must know before you decide to dive in. ### Bitcoin Basics We all know what Bitcoin is, where it comes from and what it’s used for. But many might not know is of its nature. Bitcoin’s value today has increased drastically and there have been cases where people invested in Bitcoins and became millionaires. However, it should be noted that the true nature of Bitcoin is that it is **highly volatile**. The price of Bitcoin can either increase or decrease unpredictably because of it at the end of the day, it is a **new currency and investment market** and is still in its **experimental stages.** Trading in crypto or virtual currencies has surged due to extraordinary returns. For example, Bitcoin which is the oldest and the most popular virtual currency has given returns of over 30 times over the past four years. The value of the currency surged from $100 in June 2013 to $3,025 in June 2017. Similarly, Ripple, a cryptocurrency based on inter-bank settlements, has given 200 per cent returns over the past three months ending July 31. All of this tells us that cryptocurrencies give high returns and may seem like a **high potential investment option,** but as mentioned before they are also **highly volatile**. One reason why their value has risen is that of the low returns given by other markets such as the real-estate, fixed deposits, and gold. The currency should be seen as a high-risk asset because of the illiquid market. We have also heard about how [Bitcoin is very secure and completely anonymous](https://blog.unocoin.com/how-private-is-bitcoin-cc55734b3d7a). While this is true for its design and protocol, it is still only as secure as you make it — don’t give your private keys to anyone, and don’t fall for scams! The **anonymity of Bitcoin covers only on the identity of the user** and not on the transactions and balance, which are public and are permanently stored in the form of a blockchain. That is why **Bitcoin addresses should only be used once**. Another important thing to know is that **these transactions are irreversible**. They can only be refunded by the receiver and that makes it all the more important that you engage in transactions with people you know and trust or who are well-established. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_to_know_before_you_start_with_bitcoin)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### Legal Status of Bitcoin There are many who have started using Bitcoin for their normal transactions. However, the risks associated with it still remain. These risks arise because it is **not regulated by the government** and central banks (Japan, however, has completely legalised it). And so if you’re robbed of your money, or if you have lost money from your account, there is nobody to complain to as there is **no legal regulator** yet. Considering these issues and the rising usage of the cryptocurrency in India, a recent article in Business Today has cited that the government formed a committee earlier this year to regulate the market. The report is still in process. ### Why Use Bitcoin? - Bitcoins can be used to buy merchandise anonymously. You can use it for things as simple as retail shopping while your identity remains hidden. - International payments are easy and cheap because Bitcoins are not tied to any country or subject to regulation. - Bitcoins can simply be used to send money from one person to another, just like how you transfer your money from your e-wallet to that of someone else. - Small businesses may use them as their primary mode of the transaction because there are no fees involved in the transaction. - Some people just buy Bitcoins as an investment, hoping that they’ll go up in value. ### Future of Bitcoin Nobody can predict what the exact future of Bitcoin is going to be. Governments are worried about their lack of control on the market and currency and are looking at regulating it. Once regulated, it can resolve several issues, like fake currency, security issues and its illegal use. With that being said, the high potential of cryptocurrencies cannot be denied and Bitcoin is already facing stiff competition from other, newer cryptocurrencies such as Ethereum and Ripple. Bitcoin still has a long way to go, but with the public slowly becoming comfortable with digital currencies and its use and with merchants also looking at its various advantages, the outlook seems bright. With every new cryptocurrency, there have been new developments. Several experts have seen great potential in the concept of Blockchain technology which is behind Bitcoin. The future of Bitcoin, however, [looks more promising than ever](https://blog.unocoin.com/the-rise-rise-of-bitcoins-8d18be682e27). Its usage and value are rising and there are already other cryptocurrencies gaining popularity. The technology it uses, Blockchain, is also developing and has expanded its usage to serve other purposes. When the general public talks about bitcoin, there is usually some sort of doubt and confusion associated with it (more so because there are [many scams regarding it](https://blog.unocoin.com/how-to-avoid-getting-scammed-on-bitcoins-bf7f120bd754?source=collection_home---6------7----------------) you should steer clear of). Hopefully, this guide should serve as a ready reckoner for such instances! [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=what_to_know_before_you_start_with_bitcoin)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### **Also Read:** [![](https://cdn-images-1.medium.com/max/800/1*cK-AyUDnik4O6v1IdLEHww.jpeg)](https://goo.gl/jiZA35)Register for “WTF is Bitcoin & Blockchain” by [Mohit Mamoria](https://medium.com/u/24f7fbc09357) **Categories:** Blog --- ### [$25000 Bitcoin price prediction is ‘Conservative’: Wall Street strategist](https://blog.unocoin.com/25000-bitcoin-price-prediction-is-conservative-wall-street-strategist/) **Published:** November 28, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*15tfZkSQeGXcX6TLVNM_PQ.jpeg)Mainstream financial analysts are becoming increasingly bullish on the prospects of Bitcoin.In an elaborate interview with the Business Insider, Thomas J Lee, a well-known wall street strategist and managing partner at Fundstrat, a financial advisory firm, predicted that even by the most conservative of estimates, a Bitcoin will be worth at least $25000 in 2022, just five years from now. ### Network effect Pointing out that Bitcoin, a digital means of value exchange, is very much a digital service like Facebook, Google or the world’s largest e-commerce marketplace Alibaba, Lee claimed that the ‘network effect’ applies to Bitcoin. The network effect refers to an exponential rise in utility and value of a network as more people adopt it. It explains how social networks become much more powerful and valuable than one would expect as they acquire new users. Further, the Wall Street analyst asserted that Bitcoin’s valuation is reasonable when one applies Metcalfe’s law, which states that a network’s value is proportional to the square of its number of users. Also, the analyst observed, though there are more than six hundred actively traded cryptocurrencies now, and more are being launched by the day, more investors are shifting their holdings to Bitcoin from other coins with every new cryptocurrency launch. This, he said, shows that Bitcoin is the reserve currency of the cryptocurrency world and that it’s way ahead of other cryptocurrencies in terms of user base and features. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=25000_bitcoin_price_prediction_is_conservative_wall_street_strategist)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### Gold 2.0 In answer to why Bitcoin is so highly valued, the analyst drew attention to the fact that in its seven years of existence, the blockchain, an encrypted record of Bitcoin transactions, has never been hacked. In fact, he quipped, it would cost $31 billion to fake just one transaction and the prohibitive cost is only set to grow exponentially as more transactions take place and mining difficulty increases progressively. He explained that as a secure record of transactions, Bitcoin derives its value from the blockchain technology. Investors could store their wealth as Bitcoins, assured in the knowledge that the record is immutable. The analyst argued that for a digital generation used to the internet and computing devices from birth, Bitcoin would seem much more appealing as an investment option than gold or inflationary fiat currency. He added that if just 5% of gold investments shift to Bitcoins from the 9 trillion dollars global gold market, Bitcoin’s price would soar to $25000 and even this would be a very conservative estimate as this calculation assumes a lower monetary inflation that has been historically observed and a progressively rising gold price. The analyst conjectured that at rates of migration higher than 5% of gold investments, the price rise would be much higher and one Bitcoin could even cost a 100 or 200 thousand dollars. ### Burgeoning mainstream interest After calling Bitcoin the best investment one could make this year, the analyst said that since Bitcoin options and derivatives are on the works now, it could be expected that interest in Bitcoin would rise sharply in the upcoming days. He also said that big hedge funds worth billions are starting to invest in Bitcoin and it’s just a matter of time before demand pushes up the price of Bitcoin to unprecedented heights. At last, when asked about volatility in Bitcoin prices that could dampen investor confidence, he signed off with the response that Gold was as volatile as Bitcoin when fiat money was introduced and that Bitcoin would become much more stable once institutional investors dominate the market and increase liquidity. Follow the link below to read the full interview. [‘Top strategist: Bitcoin will soar to $25, 000 in five years’](http://www.businessinsider.in/TOP-STRATEGIST-bitcoin-will-soar-to-25000-in-5-years/articleshow/61137856.cms) [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=25000_bitcoin_price_prediction_is_conservative_wall_street_strategist)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### Also Read: [![](https://cdn-images-1.medium.com/max/800/1*cK-AyUDnik4O6v1IdLEHww.jpeg)](https://goo.gl/jiZA35)Register for “WTF is Bitcoin & Blockchain” by [Mohit Mamoria](https://medium.com/u/24f7fbc09357) **Categories:** Blog --- ### [Why Blockchain is one of the greatest inventions since the Internet?](https://blog.unocoin.com/why-blockchain-is-one-of-the-greatest-inventions-since-the-internet/) **Published:** November 30, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*6miEQrDgzJt-gJkqZSNwgQ.jpeg)Why Blockchain is one of the greatest inventions since the internet?Bitcoin, the new kid on the block, has brought with it technology that has the potential to revolutionise the digital world. We’ve often talked about **the Blockchain**. In essence, it is a public ledger that holds information related to all Bitcoin transactions. It eliminates the need for data to be held centrally, which gives rise to a number of benefits. Who invented it? Well, we have an [anonymous entity called **Satoshi Nakamoto** to thank for that](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056)! To put it simply, Bitcoins are cryptocurrencies that one can use to make transactions online. These dealings are made anonymously, without the presence of middle-men, that is, no banks or other third parties. And the best part? Anyone involved in the network has a copy of all the transactions and can verify the same. Owning a bitcoin is like owning an actual gold coin, as its price fluctuates in a similar manner. You can use Bitcoins to buy goods or services online, or keep them and wait it out for their price to increase. Due to the computational-intensive nature of the formation of a Bitcoin, it is virtually immune to forgery. For more information on Bitcoins, check out- “[10 commonly used Bitcoin terms explained](https://blog.unocoin.com/10-commonly-used-bitcoin-terms-explained-b50e8c484a44)” ### What’s a blockchain? One of the best things about blockchain is that just like the Internet, you don’t really need to know the technical nitty-gritty in order to use it. A blockchain is like a spreadsheet which maintains a record of transactions made via cryptocurrencies. As more and more dealings are made, they get added to the chain in the form of a ‘block’. This data is decentralized, meaning anyone with access to the Internet can verify these records, but cannot modify or corrupt them. A network of computers, that is, different nodes, are involved in the blockchain. Every node receives a copy of the blockchain. Whenever a new transaction is carried out, the blockchain is updated across the millions of nodes around the world. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_blockchain_is_one_of_the_greatest_inventions_since_the_internet)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### Is Blockchain safe to use? As a matter of fact, the blockchain is highly secure. All the blocks in the chain are linked to one another. This means that an attempt to tamper with the data in one block would require one to change the data in all the other ones linked to it. Additionally, the security measure used by blockchains is called public-key cryptography. According to it, every record that is written on a blockchain ledger has a unique key associated with it. This keeps the data protected. ### The Reach of Blockchain It is said that the Blockchain is the next big leap in technology for us since the internet. It has spread its roots into the crevices of many different organisations in the world and continues to do so. Other than finance, Blockchain has endless applications in many different sectors. Some of them include: #### Blockchain in IoT Blockchain technology has an ever-increasing presence in the field of Internet of Things or IoT. Tracking goods, analysis of data, and mass-scale automation are just some of the applications in this regard. #### ‘Smart’ Contracts Certain aspects of a pre-programmed contract can be executed when certain conditions are met. For example, when there is a binding contract between two parties, funds can be released if and when required according to pre-defined terms. This makes the system more efficient and reliable, as one does not have to depend on a third party endorser. An open source project called Ethereum was created to support this application. #### Digital Identity What if you could throw caution to the wind when it comes to protecting your digital identity? Conventional systems require the traditional username/password approach to log in. But the data that is stored on such systems are vulnerable to hacking and identity fraud. The authentication system in Blockchain technology uses digital signatures based on public-key cryptography for identity verification. This is definitely more secure than the former approach. A startup called Netki is working on creating an SSL standard for the blockchain. ### Blockchain in Governance When it comes to voting, transparency of the process and voter anonymity are of prime importance. Blockchain has the potential to assure just this. In the year 2014, the Liberal Alliance, a political party in Denmark, was one of the first to adopt Blockchain in its voting process. #### Wrapping up - Bitcoins are cryptocurrencies that are increasingly being used to purchase goods and services online. - Blockchains are a shared public ledgers which hold the records of all the digital transactions that are made. - Security is ensured in blockchains via public-key cryptography. - Applications of blockchain include, but are not limited to enhancing of systems in IoT, increasing transparency of voting systems, enforcing smart contracts, and protection of digital identity. All in all, the Blockchain is transforming the digital world, making it a safer, more efficient and transparent place. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=why_blockchain_is_one_of_the_greatest_inventions_since_the_internet)Use coupon FBE200 during signup and grab free bitcoin worth Rs 200.### Also Read: [![](https://cdn-images-1.medium.com/max/800/1*cK-AyUDnik4O6v1IdLEHww.jpeg)](https://goo.gl/jiZA35)Register for “WTF is Bitcoin & Blockchain” by [Mohit Mamoria](https://medium.com/u/24f7fbc09357) **Categories:** Blog --- ### [Bitcoin over $100 billion in market cap: What the future holds?](https://blog.unocoin.com/bitcoin-over-100-billion-in-market-cap-what-the-future-holds/) **Published:** December 5, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*HC2_xwrd-3VKJ09YzvYknw.jpeg)Reaching ever increasing heights. What does the future hold?In a span of less than two months, Bitcoin’s price has appreciated by a staggering 100% percent. We did a similar post on Bitcoin when it touched [$5000 barely 3 months ago](https://blog.unocoin.com/bitcoin-at-5000-what-the-future-holds-f530e91be58a)! At this juncture, with the price beyond eleven thousand dollars a Bitcoin ([you’d be a millionaire by now if you’d gotten in early](https://blog.unocoin.com/here-is-how-much-money-you-would-have-made-if-you-had-invested-rs-1000-into-bitcoin-in-2011-7c2eab7f81c5?source=false---------3)), it’s time to pause and analyse what’s spurred this extraordinary rise and what it portends for the future of Bitcoin. At the time of writing, Bitcoin’s market cap is nearing the $200 billion mark, with an imposing valuation at $186 billion. So, what’s the secret ingredient that’s pushed Bitcoin to world fame and has captured the fancy of investors worldwide? The answer is simple. Fiat money is riddled with problems arising from centralised control and growing security concerns. Mismanagement by a central bank or a cartel of banks could erode all the value of your holdings and wipe it all out before you can react. All your hard earned savings lose value and you’re left with no recourse or remedy. Bitcoin presents itself as a solution to these problems — no central control, secure transactions and algorithmic control of every process eliminating human intervention or decision making. As a novel experiment, Bitcoin has proved itself and has caught the fancy of the masses. Now that Bitcoin is on a steady footing, what does the future hold? ### The future of Bitcoin Now that Bitcoin has passed its trial by fire, emerging unscathed from the [SegWit 2X scare](https://blog.unocoin.com/bitcoin-segwit2x-what-you-need-to-know-8dcbed65ef86?source=collection_home---6------8----------------), investors are buoyed and Bitcoin is back to breaking all-time highs over and over again in an unbroken rise. Though the momentum is quite heartening as proponents predict a sustained rally to even more dizzying heights, some questions remain to be answered. Every asset that appreciates has to have an underlying basis, a reason or a cause for the appreciation, for a sustained rise in value. Otherwise, it ends up a bubble, and the fall from glory is inevitable. Bitcoin, though some brand it a bubble, has an underlying value in that it’s a decentralised, secure record of transactions that are immune to manipulation. The massive user base and following Bitcoin has, compared with other cryptocurrencies, makes it the most valuable crypto asset. As a currency, the more people adopt Bitcoin and the more businesses accept Bitcoin, the greater its appeal. Prices spiked sharply after Square, a payment app based in the USA trialed Bitcoin as a mode of payment and enabled Bitcoin transfers between buyers and sellers. Also, Bitcoin enthusiasts are eagerly awaiting the launch of futures trading in Bitcoin, promised by Chicago Mercantile Exchange (CME) by the end of the year, which is expected to bring in a lot of mainstream money from financial markets into the Bitcoin ecosystem. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_over_100_billion_in_market_cap_what_the_future_holds)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Addressing challenges #### Transaction fees and Scalability The greatest impediment to Bitcoin’s rise as a better alternative to fiat money right now is its transaction costs. Largely in check until quite recently, [transaction fees have risen sharply](https://blog.unocoin.com/bitcoin-fees-explained-f4aa6e5470a1), especially when miners withdraw hashing power from the network, with rates now easily hovering around $5 — $10. This is a big no-no for small-time investors, especially from developing economies, even if Bitcoin’s price is expected to only keep rising. A high transaction cost slows Bitcoin’s prospects at becoming a global currency. If Bitcoin has to scale, which means more people using the Blockchain, Bitcoin’s transaction network, the transaction fees would only rise. But, to scale without any rise in transaction fees presents a difficult problem. Developers are actively attending to this problem with the proposal of numerous novel ideas, one of which has garnered near-unanimous backing and **is called the Lightning Network**. This functionality enables Bitcoin users to swap their Bitcoins off the main transaction network at very low fees, making Bitcoin very attractive to everyone. Further, the lightning network also promises to enable inter-cryptocurrency exchanges, called atomic swaps, between cryptocurrencies that incorporate this technology, adding significantly to its allure. Prices can be expected to run amok if and when Bitcoin pulls off this feat. #### State hostility The greatest long-term threat as has been and as it seems will always be, lies in state hostility. When China clamped down on cryptocurrency use earlier this year, prices plunged by nearly 20% before recovering on the back of renewed global demand. Even without an outright ban, lack of state endorsement and ambiguity could make people reluctant to trade goods and services for Bitcoin. Though no one can bring down Bitcoin without shutting down every node containing the blockchain, which seems almost an impossible thing to do, state hostility can impact Bitcoin prices significantly and dampen user sentiment, thus stymying adoption. Some Bitcoin holders and developers are of the view that once Bitcoin becomes mainstream, Wall Street will serve as an effective lobby for the legitimation of Bitcoin by states. But the future is still uncertain as the new contender challenges state hegemony and control over money. Finally, commodity experts and fund managers are seeing the flight of capital from physical commodity assets like Gold to Bitcoin. This is attributed to Bitcoin’s growing status as E-gold in popular perception and discourse. Even conservative estimates predict a manifold rise in Bitcoin value if as little as 5% of commodity investments shift to Bitcoin. In the end, it boils down to a confrontation between centralised power and the will of the people, the outcome of which will rest on the importance people attach to the principles on which Bitcoin is founded — true freedom from totalitarian control and manipulation. Though no one knows what lies at the end of the tunnel, signs, and developments are very encouraging and if anything to go by, are reassuring that Bitcoin’s on the right track. One thing’s for sure though — it’s an exhilarating ride and an exciting attempt at a better monetary system. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_over_100_billion_in_market_cap_what_the_future_holds)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: [![](https://cdn-images-1.medium.com/max/800/1*cK-AyUDnik4O6v1IdLEHww.jpeg)](https://goo.gl/jiZA35)Register for “WTF is Bitcoin & Blockchain” by [Mohit Mamoria](https://medium.com/u/24f7fbc09357) **Categories:** Blog --- ### [Bitcoin is saving Economies](https://blog.unocoin.com/bitcoin-is-saving-economies/) **Published:** December 8, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*v8EBJCjp24S6vauIlCr60A.jpeg)Bitcoin is saving economiesTwo important objectives of a country’s government — cultural growth and economic stability. In terms of the latter, much of the Caribbean and Latin American countries seem to be struggling. Widespread corruption, rampant inflation, and devaluing of the country’s currency have made these places a haven for criminal activities. Cryptocurrencies, by virtue of their transparent design, are able to withstand such economic turmoil. In these countries, bitcoins have been welcomed as a positive innovation, uplifting the people and stabilising the economy to a great extent. It’s not just one country — it’s multiple regions that bitcoin is influencing, and saving. Let’s take a closer look. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/d4c77-1bwvqsbbrdmu0bfffijziig.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_is_saving_economies)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### In Venezuela Corruption of banks and the government is often cited as the leading cause of economic woes, specifically relating to the centralized control over currencies. The regional fiat currency, Venezuela’s Bolivar, experienced drastic inflation at an unpredictable rate, resulting in widespread poverty throughout the nation. The only way to secure their earnings was to convert their money into USD, and the high demand for American dollars created lapses in supply. In countries with totally centralized economies that revolve around commodities such as oil, Bitcoin’s decentralized technology has helped create a free, better market. They are transparent in nature, with easy access to the blockchain. The decentralized network has ensured a process free of corruption. People are involving bitcoin in all forms of trade, from buying lunch to doing large scale business transactions. Bitcoin being the messiah here, is helping the economy of Venezuela to swiftly revive after a rather harsh demonetisation process. ![](https://cdn-images-1.medium.com/max/800/0*zeydUVWJVdk1NbrM.)Image Source: [http://sobrebitcoin.com/wp-content/uploads/2014/10/surbitcoin\_logo\_ven-168×150.png](http://sobrebitcoin.com/wp-content/uploads/2014/10/surbitcoin_logo_ven-168x150.png)### In Argentina The Argentine market is a highly unstable market, plagued by a long history of macroeconomic policy mismanagement, a highly fluctuating currency, depleting foreign reserves and skyrocketing inflation. But with its leap into the digital age, the South American nation has become a fertile ground for virtual currencies like bitcoin — thereby illustrating how bitcoin is providing a reliable alternative to unstable economies. There have been a number of harsh government reforms that have led to economic turmoil in Argentina. For example, it is illegal to withdraw Euros or U.S dollars in Argentina. The Argentine government has also levied a 35% tax on foreign credit card transactions. This has spurred the creation of a well-established black market. At the time of writing, the “blue dollar” stands at 12.8 pesos to the U.S. dollar. In comparison to the official rate, which trades at 8.9 pesos per dollar. To help people free themselves from all these wealth-draining government policies are Bitcoin startups, which are enabling people to carry out transactions for a nominal fee of 2–4%. Bitcoins are also allowing people to convert their money into a more stable currency such as USD or Euros without any hassle. Argentina’s bitcoin landscape has steadily evolved from a few dozen companies in 2012 to thousands of them in 2015. In 2014, there were over 8,000 convenience stores selling bitcoins in the country. Even retail outlets are increasingly accepting bitcoins. The tourism industry, in particular, has also become a key market for trade using bitcoins, as foreigners try to eschew Argentina’s official currency rate. With so much contribution to the Argentine market, it is safe to assume that bitcoins have truly saved Argentina’s economy and is driving it to the upfront. ![](https://cdn-images-1.medium.com/max/800/0*aTj6aFxys9cxhXEk.)Image Source: ### In Uganda $40 sent via MoneyGram costs $10 to send — and takes its sweet time to get to Africa, this is a typical story for the people of Uganda. Annually, Ugandan migrants send home about $500 million in remittances and are charged 10–20% of the value as transfer fees. Banks in Uganda exploit the poor with exorbitant fees — a deposit of $100 in a bank vanishes if left untouched for 5 months. This is why Bitcoin fits well into the country’s lifestyle and is being welcomed as a young currency which offers low transaction fees and provides a fast means of money transfer. The state of banking is such that a cell phone in Uganda for a year is cheaper than yearly banking fees. Bitcoin has proved more reliable than the country’s banks for day-to-day transactions. Bitcoins are being adopted by more and more people and not just for money transfers but for most day-to-day transactions such as buying meals and mobile recharges as well. The story is the same for not just these three countries, but for a majority of them in the African sub-continent and Latin America. Directly or indirectly, bitcoins have played a huge part in moving the distressed economies of these countries. At many of these places, Bitcoins are being preferred over banks as they are free from exploitation by the government. While the central governments remain skeptical about digital currencies, the people have adopted to them to a large extent, owing to the benefits of the medium such as transparency. [![](https://blog.unocoin.com/wp-content/uploads/2022/07/346e5-1gtztajy282ntxmjhjkg4zg.jpeg)](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=bitcoin_is_saving_economies)Use coupon FBE200 during signup & grab free bitcoin worth Rs 200.### Also Read: [![](https://cdn-images-1.medium.com/max/800/1*cK-AyUDnik4O6v1IdLEHww.jpeg)](https://goo.gl/jiZA35)Register for “WTF is Bitcoin & Blockchain” by [Mohit Mamoria](https://medium.com/u/24f7fbc09357) **Categories:** Blog --- ### [Beware of fraudulent activity in the name of “Unocoin”](https://blog.unocoin.com/beware-of-fraudulent-activity-in-the-name-of-unocoin/) **Published:** December 11, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*WfTINJdnrzyv3NkCUao61w.jpeg)Beware of fraudulent activity in the name of UnocoinIt has come to our attention that some people are impersonating “Unocoin” and are accounting for a variety of fraudulent activities either misleading or siphoning the funds of our customers on internet & social media. Below are a couple of recent cases identified by our team: - Unocoin is claimed as a “Training centre for Internet Marketing for Online Businesses”. **(We are not a training centre per se. Unocoin is a bitcoin trading platform enabling buying/selling of bitcoin along with merchant services.)** - Unocoin’s bank account details are misused by asking people to deposit into our official account claiming to provide iPhone-6 at discounted prices. **(Unocoin never accepts or encourages users to deposit/transfer money to our official accounts without proper transaction referencing.)** - Collecting credentials & identity documentation of friends on behalf of Unocoin and involving in money laundering or any other fraudulent activities. **(Unocoin profile verifications are backed on the fact of integrity of user mobile number as per Aadhaar Card. Please ensure that you never share the Aadhaar based OTPs with unknown third party requests.)** Please remain cautious and alert while interacting on any platform or communicating your sensitive information on any medium. --- #### **Things you should mind to secure your funds:** 1. NEVER share your account credentials or OTP numbers with anyone (including Unocoin customer support). 2. NEVER share your identity and address documentation proofs with anyone who is potentially capable of stealing your identity. 3. Enable 2 Factor Authentication using Google Authenticator to minimise the risk of compromising your account to hackers. 4. Unocoin supports fund deposits only via registered bank accounts and by registered users. Do not transfer/deposit funds to Unocoin bank account from unregistered accounts. 5. Do not fall for false claims about Unocoin on any social media platform. Unocoin is a bitcoin trading platform enabling buying/selling bitcoin in India and we do not deal with any sales. 6. Always ensure you are on the correct URL ([https://www.unocoin.com](https://www.unocoin.com/?utm_source=medium&utm_medium=blog&utm_campaign=beware_of_fraudulent_activity_in_the_name_of_unocoin)) with proper “https” certificate, before logging into your Unocoin account to avoid phishing attacks. 7. Double cross-check the receiving bitcoin addresses after pasting from clipboard while sending bitcoin from your Unocoin wallet. **Categories:** Blog --- ### [How Bitcoin companies are self-regulatory?](https://blog.unocoin.com/how-bitcoin-companies-are-self-regulatory/) **Published:** December 14, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*SRNTSWByYqEchpM86p7C2Q.jpeg)How Bitcoin companies are Self-Regulatory?In recent months [Bitcoin has been catching a lot of eyeballs](https://blog.unocoin.com/why-is-bitcoin-so-controversial-527caf8ee4c7?source=collection_home---6------6----------------). Some are drawn in its direction for its lucrativeness and appeal, while others see it as a threat, a bubble. For this very reason, governments around the world have rallied together — and on their own — attempted to regulate the Bitcoin market, to introduce this apparent fringe dweller to some standard. This has resulted in new models to study and analyze — a precursor to the final decision. The Indian experience of Bitcoin isn’t jaded, in fact, the growing fascination for newer investment verticals in one of Asia’s fastest-growing nations makes news daily — with the increasing number of domestic users and merchants, the institutional posturing and the government’s take on the situation being prime examples. The latest in Bitcoin regulation in India is that there is a clear and affirmed tilt to regulate and monitor the market. This a backed by the rationale that regulation will ensure that digital currency, in every form, will not be used for illegal or nefarious purposes. Cryptocurrency falls into a legal grey area. Internationally, there is little consensus on how and why countries would deal, regulate and legalize cryptocurrencies, and in India Bitcoin’s status falls on the two extremes — legal and illegal. If the Indian government’s desire to regulate Bitcoin isn’t followed by proper policy and implementation, then Bitcoin would still remain a topic of debate — as an investment opportunity or otherwise. ### The Bitcoin Movement in India Over the last few years, the growing fascination with and importance of Bitcoin has seen the rise not only in a variety of exchanges but also merchants. There are stories from all over the subcontinent tracing the use and acceptance of Bitcoin; [from the pizzeria in Bengaluru](https://blog.unocoin.com/this-bengaluru-restaurant-is-accepting-payment-in-bitcoins-8438b670ca61?source=collection_home---6------9----------------) to the diamond merchants in Surat. These stories are an indicator of the increasing influence of Bitcoin and its advocates. In this sketchy scenario where Bitcoin, its acceptance, and regulation are up for debate, many are demanding (and delivering on) self-regulation rather than depending on the institutions of the Indian Government. In line with the historical trend of self-regulation in the cases of innovative and infant industries, leading Bitcoin exchanges are not only demanding autonomy but also claiming the inefficiency and gridlock that is the Indian government could possibly dampen the growth of this market. Take Unocoin for instance — at Unocoin, **a PAN card is mandatory for any and all user registrations.** Without a PAN card, you cannot even access any service on the portal. Other norms mandate transferring funds via your bank account only. This, coupled with other KYC practices ensure a basic level of safety and security that regulation may have demanded. The Indian Bitcoin community at large and it’s leaders are quite sure of the market’s future and how they want to go about verifying, regulating, monitoring and predetermine how the model functions. ### The Institutional Response The Finance Ministry in India has set in motion an investigative and analytical committee to assess the impact of the digital currency market (both at home and abroad), suggest responses and regulatory measures to deal with the illegal aspects of cryptocurrency — terror funding, narcotics, money laundering etc. This and the general attitude to digital currency in the country — courtesy of the current regime’s incessant need to digitize the country — makes an all-out ban on cryptocurrency unlikely. The increasing number of domestic Bitcoin adopters — in the form of exchanges, online outlets, brick and mortar stores and individual users — sees an increasing upward pressure on the ministry to legalize Bitcoin. While India is seen as a last-minute adopter, late to the game as ever, its user growth rate is astounding, making the Indian digital market and its status a hot topic. Bitcoin legalization and regulation in this writer’s opinion is not just possible, but highly probable. Even though many skeptics both in and outside the government cite Bitcoin’s tumultuous growth, the probability of a bubble and crash and the fact that digital currency inherently has no value, the overall attitude, and ambition of the current government trumps these viewpoints. Goals such as financial inclusion and a digital-independent India are only possible if the Indian government takes a welcoming step towards Bitcoin while it remains the lynchpin of the global cryptocurrency market. ### Significance & Predictors Technology adoption in the 21st century is an important matter. The whos, whys, and whens of tech-adoption, either by society or state defines the course of the future. Bitcoin is the result of a cumulative ambition to innovate, enjoy the financial freedom and include the masses. The global scenario is this — some governments have decreed that Bitcoin is illegal, some have adopted it in their daily function, some have decided that along with society it would become a user, and others have not yet decided. In this situation, the potential misuse of Bitcoin takes precedence. And the only response to it is to either regulate and monitor or outright demonize. **Japan, the U.K, Korea and Ukraine have adopted Bitcoin to fit their circumstances.** Societies and communities around the world, surrounded by war and political strife (Venezuela and Brazil are good examples), have taken it upon themselves to rid the government in their financial affairs by adopting Bitcoin. So we know that: 1. Bitcoin globally sits in a grey area. 2. Many countries around the world have adopted it, while a few others have demonized it. 3. The Indian market for cryptocurrencies is in its infancy but is seeing exponential growth. 4. Legalizing and regulating Bitcoin will not only see domestic financial gains but also meet the government’s desire to digitize India. 5. The domestic market for digital currencies in India is strong in both numbers and influence. All of these together make the probability of a “Bitcoined India” quite high. ### Also Read: **Categories:** Blog --- ### [Dubai has its own official Cryptocurrency: Should it?](https://blog.unocoin.com/dubai-has-its-own-official-cryptocurrency-should-it/) **Published:** December 19, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*w9c6opvQ5e6ddBhp6zqCyw.jpeg)Dubai has its own official cryptocurrency: Should it?The word of blockchain continues to influence global economies. Thanks to bitcoin’s intense influence, numerous economies in the world have started to understand the power of cryptocurrencies and the benefits they carry to the economy. In a major development in the world of cryptocurrency, the government of Dubai has [adopted the encrypted blockchain technology a](https://futurism.com/emcash-is-dubais-first-official-cryptocurrency/)nd has become the first country to launch its own cryptocurrency — ‘emCash’. The city’s economy department partnered with one of its subsidiaries Emcredit Limited and U.K.-based Object Tech Group, Ltd. to create emCash. This new “encrypted digital currency” initiative is launched under the Dubai Economy Accelerators and is a product of the partnerships that Dubai has cultivated through their Accelerators Initiative. ![](https://cdn-images-1.medium.com/max/800/0*ZjYfA4TKOMnV5oO4.)Image Source: To facilitate emCash transactions, Emcredit will also launch its own digital wallet emPay which will also ease currency conversion, with customers being able to choose between payment options. [Muna Al Qassab, CEO, Emcredit Limit](https://www.google.co.in/amp/s/futurism.com/emcash-is-dubais-first-official-cryptocurrency/amp/)ed said, “Customers can choose between two payment options on the emPay platform — the existing dirham payment or emCash. While the dirham payment goes through normal settlement procedures, intermediaries and costs, emCash payments are settled directly between the user and merchant,” explained Al Qassab. The city will also have a shared platform, called Blockchain as a Service to help Dubai government agencies use blockchain in various projects. ### The Problems with Govt-backed Cryptocurrencies A digital currency has varied advantages, such as fast processing, less complexity, and cost to name a few. Cryptocurrencies are even better. But when they’re backed by state and national governments, we do seem to be running into some problems. Blockchain’s potential as a decentralized network and secure platform for transactions is based on exactly that — decentralization — with no central authority controlling the currency. This is the primary, and the biggest reason Bitcoin has succeeded in the first place! With governments involved, it becomes a bit of a paradox. **It naturally follows that if you had to watch a cryptocurrency — you’d rather have your eyes on bitcoins, or the many other altcoins available.** A government-backed cryptocurrency is primarily a validation of the potential of bitcoin’s blockchain technology that is changing the world every day. The launch of the emCash is the first step towards creating the new economic system. The next big step that Dubai is working on is becoming the world’s first economy that’s built on the blockchain, with it its own cryptocurrency. This is where the city’s efforts differ, and could potentially influence economy throughout the UAE. [The *Wall Street Journal* reports](https://www.wsj.com/articles/dubai-aims-to-be-a-city-built-on-blockchain-1493086080) that another initiative has already been started is the development of a citywide blockchain payment system, where the 38 cooperating partner government entities, financial institutions, and other city departments connect over one blockchain payment platform. Another example, for a project that’s already in the works, is to transfer all government documents onto a blockchain by 2020. With such futuristic projects, the true potential of blockchain and cryptocurrencies can be used to create a much more stable and lasting economy which has a lesser risk of inflation and is free from any kind of fraud. But it would be very surprising to see government-backed cryptocurrencies succeed, since they ultimately happen to be digital national currencies, practically speaking. In such a context, the crypto economy is likely to remain loyal to the likes of bitcoin! ### Also **Read**: **Categories:** Blog --- ### [The 5 Most Influential People in Bitcoins](https://blog.unocoin.com/the-5-most-influential-people-in-bitcoins/) **Published:** December 21, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*MV6pN4knXDjEoqpuBRc7aQ.jpeg)The five most influential people in bitcoinsWhile bitcoin is undoubtedly the most influential cryptocurrency out there, it wouldn’t be inaccurate to say it owes at least some of its success to a few major figures, who’ve had their own varying degrees of influence on the cryptocurrency. Without them, bitcoin’s acceptance would likely have been delayed, we daresay. Of course, these **people have made a fortune by investing in bitcoins** as well. Let’s have a look at people who have been the most influential in bitcoins. ### \#1 — Satoshi Nakamoto ![](https://cdn-images-1.medium.com/max/800/0*gY3rsZt3-VxQHIsV.)The first name is obviously Satoshi himself — the man behind our beloved coin. As we’ve [detailed extensively in a previous post](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056), no one knows who exactly this man is, or is it even his real name. Years ago, Satoshi posted his groundbreaking research report on a cryptography mailing list. He came up with the idea of blockchain technology and was the first person to solve the problem of double spending. Ever since many people have claimed to be Satoshi. It is quite possible that Satoshi isn’t even a person but a company or a group of companies. This mystery might remain a mystery forever. ### \#2 — Winklevoss Twins ![](https://cdn-images-1.medium.com/max/800/0*Tt4UgYT2Go26ywOH.)(Source: ABCNews)Cameron Winklevoss and Tyler Winklevoss are the same twins who sued Mark Zuckerberg for stealing their idea of ConnectU (the Harvard social connection handle). The twins are internet entrepreneurs have turned their attention towards investments. In 2013, they claimed to own about 1% of the total bitcoin supply at the time. This [amounts to nearly $1 billion](https://cointelegraph.com/news/winklevoss-twins-bitcoin-investment-already-worth-more-than-1-billion)! It was in 2012 that they learned about bitcoins and in 2013, they bought 120,000 bitcoins in a go. They did not sell a single one and have still kept them safely in USBs. ### \#3 — Roger Ver ![](https://cdn-images-1.medium.com/max/800/0*03aCRQ9eQa9qa0jl.)(Source: Coindesk)Roger Ver man has been titled ‘Bitcoin Jesus.’ He can be called one of the most important people linked to bitcoins. Ver was the first one to start funding bitcoin startups. Seems like he (accurately) knew that bitcoin prices will increase leaps and bounds. He owns an organisation named Memorydealers, which in 2011 became the first firm to accept bitcoins as payment. Ver believes that bitcoin is going to lead the world to economic freedom and as long as everything based on everyone’s mutual consent, it is the best technology. ### \#4 — Hal Finney ![](https://cdn-images-1.medium.com/max/800/0*X0PJnCnLscwsF4Dh.)(Source: The Independent)Hal Finney or Harold Thomas Finney was the person who received the very first bitcoin transaction from Satoshi Nakamoto. It is even believed that Hal was Satoshi, although he never accepted the claim. Hal used to work in a company called PGP Corporation and was one of those people who used to regularly post on the cryptography listserv where Satoshi first posted his research. He also performed certain bitcoin bug fixes in the early days. In his last days too, he kept on computing and working on a software named ‘bcflick’ to strengthen the security of the bitcoin wallet. ### \#5 — Adam Back ![](https://cdn-images-1.medium.com/max/800/0*ulrazNbt7NvtbAex.)(Source: CoinDesk)Adam has to his name inventions like decentralized mining, proof of work system and hashcash. These technologies are a part of the bitcoin system too. A cryptographer by profession, he is the CEO of Blockstream. He has been a part of the development team who developed zero knowledge system, a forerunner of Tor. Adam is an active participant in bitcoin advancement and is seen providing his views on how to make the technology better. ### **Also Read:** **Categories:** Blog --- ### [Women of the bitcoin world](https://blog.unocoin.com/women-of-the-bitcoin-world/) **Published:** December 27, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*WhuvdYJp3eDNEco7RsdKkw.jpeg)Women of the bitcoin worldWe don’t need a primer on the significance of women in today’s world. But like it or not, the fairer sex has historically been underrepresented in the finance industry, and especially the tech industry. Fortunately, that is quickly changing. The bitcoin community is a massive one — it requires developers, executives, technicians, venture capitalists, influencers and so many more. So it’s no surprise to find some women making their mark in the world of digital currency as well. In this article, let’s talk about the top women in the bitcoin industry. ### Blythe Masters ![](https://cdn-images-1.medium.com/max/800/0*VCoEMVEN6GNByBMq.)Source: [CoinDesk](https://media.coindesk.com/uploads/2015/12/blythe-masters.jpg)Blythe Masters has to be the first name to be mentioned when discussing bitcoins. She is a former top executive of JP Morgan and is a splendid economist. Masters is currently working as the CEO at **Digital Assets Holdings**, a blockchain based startup which specialises in blockchain related solutions for financial institutions. She is also currently an Advisory Member of the US Chamber of Digital Commerce. Apart from this, Masters is also the chairman of Linux Foundation’s Hyperledger project. It is because of Blythe’s contributions that [Fortune dubbed her the most powerful woman in the blockchain](http://fortune.com/2016/02/18/blythe-masters-blockchain/). ### Elizabeth Rosiello Rosiello is an Africa based self-described feminist, who is the founder and CEO of Nairobi based startup **BitPesa.** BitPesa focusses on providing quick, convenient and inexpensive transactions in bitcoins using mobile accounts. The company was only started 4 years ago, yet it has extended its presence to 6 countries already. BitPesa’s use serves to remind us that the nature of currency is changing over time with blockchain, becoming more and more convenient. ![](https://cdn-images-1.medium.com/max/800/0*yHDY_ClcOjBFv0Zg.)Source: [Blockchain.wtf](https://blockchain.wtf/wp-content/uploads/2017/08/Elizabeth-Rosiello-300x300.jpg)### Perianne Boring This powerful woman is the founder and CEO of **Chamber of Digital Commerce**, an American advocacy group which supports blockchain tech and the upcoming digital industry. Boring started the Chamber with the aim of promoting acceptance in digital assets. She is currently also running a blog named the **Boring Bitcoin Report.** ![](https://cdn-images-1.medium.com/max/800/0*flhvvE10mDc9WwLM.)Source: [3pillerglobal](https://www.3pillarglobal.com/wp-content/uploads/2016/07/Perianne_Boring_600x600.jpg)### Tiffany Hayden ![](https://cdn-images-1.medium.com/max/800/0*EQiYte4nbvuiq6Yt.)[Source](https://pbs.twimg.com/media/CcdHG9HUMAALSOa.jpg): Blockchain.wtfTiffany Hayden’s name figures in the list of [top 100 most influential people in the blockchain](https://richtopia.com/inspirational-people/blockchain-top-100). She is the co-founder of the website **Casheer.net,** which provides instant cross currency conversions. Hayden is also a political activist, and a member of Bitcoin GNO, an online portal where women interested in bitcoin share their views. ### Cindy McAdam Cindy McAdam is the general counsel and president at Xapo — one of the most popular and prominent bitcoin wallets. Xapo provides a cold storage vault and bitcoin debit card along with its bitcoin wallets. McAdam has also worked with other bitcoin wallets — Bling nation and Lemon Wallet. She focuses on security, legal and finance issues. ![](https://cdn-images-1.medium.com/max/800/0*6L47w0u_fDpC_be0.)Source: [Crunchbase](https://crunchbase-production-res.cloudinary.com/image/upload/c_thumb,h_256,w_256,f_jpg,g_faces/v1404899463/ixfp9eeeohxctso8xpcz.png)These were just a few names hogging the limelight. Of course, there are a number of intelligent and powerful women in the bitcoin world who are also making an impact. We look forward to more women entrepreneurs (and executives!) continuing to inspire us! ### Also Read: **Categories:** Blog --- ### [Bitcoin in art: The best artwork inspired by or based on our favourite cryptocurrency](https://blog.unocoin.com/bitcoin-in-art-the-best-artwork-inspired-by-or-based-on-our-favourite-cryptocurrency/) **Published:** December 28, 2017 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*IPn6BrVqTpbwVqPyoZqGWA.jpeg)Bitcoin in art: The best artwork inspired by or based on our favourite CryptocurrencyWhile art is known to be a form of expression for most artists, it is also a form of communication with the audience. To transform bitcoins that exist in the digital space as numbers on screens, into some aesthetically pleasing form to the general human eye, artists around the world have created art-filled expressions of Bitcoin. ### Art meets Technology #### It’s Like Gamblin? by Dan Gribben ![](https://cdn-images-1.medium.com/max/800/0*melZ533WQ9f1Dbo-.)Created by American artist Dan Gribben, this painting was first presented at the ‘The Time Is Now’ bitcoin art show in San Francisco back in March 2014. The triptych attempts to draw analogies between the craft of winning big in gambling and dealing with Bitcoins. It’s Like Gamblin? highlights the volatility of the cryptocurrency. It talks about the **perceived** jackpot nature of buying Bitcoin while sticking to the artist’s cartoonish and colorful style of art. #### Free Lunch by David Kim ![](https://cdn-images-1.medium.com/max/800/0*1eZkpENIWVsoyRdL.)There has always been a lot of charter around the identity of the creator of Bitcoin. Newsweek’s cover story revealing Dorian Nakamoto as the alleged creator of bitcoin caused a media frenzy when it hit stands in March 2014. Artist David Kim, being one of those fascinated with the drama surrounding D. Nakamoto created this piece of art depicting his thoughts around the same. This painting showcases the hectic scene of Nakamoto wading his way through a crowd of photographers on his way to clear his name in an exclusive interview with the Associated Press. #### Satoshi Nakamoto by Jeff Gomes ![](https://cdn-images-1.medium.com/max/800/0*bZvK3RpgJpWsbQGt.)Gomes represents Nakamoto’s genius and secret identity with his piece. The painting was showcased at the Bitcoin Art Fair on March 6th. The piece offers insight into what the inside of Nakamoto’s brilliant mind may look like while attempting to conceal his identity. In the portrait, Nakamoto’s head is filled with blocks of bitcoin knowledge that would have never seen the light of day without his execution. #### Satoshi Nakamoto’s quote by Valentina Picozzi ![](https://cdn-images-1.medium.com/max/800/0*0WYIHGVpbnf14VDh.)Valentina believes that art has been used to describe and depict historical revolutions and she thinks that it can also be used as a medium to showcase a technological revolution in a similar manner. One of her favorite paintings around the theme of Bitcoin is that of the Satoshi Nakamoto that says, “If you don’t believe it or don’t get it, I don’t have the time to try to convince you I am sorry.” This is because she highly believes in the quote and believes that it really matches with her attitude and way of life. #### Untitled Mining Installation by Peter Frölich ![](https://cdn-images-1.medium.com/max/800/0*VTgXUksyI6IkqHM4.)Peter Frölich does not normally beyond in the idea of creating art solely for profit. However, after deriving inspiration from Banksy and peeing to his interest in bitcoin mining, Frölich decided to venture outside of his comfort zone. This attempt resulted in a fully operational Bitcoin mining rig mounted in a baroque gold-plated frame: an aesthetically pleasing money-minting piece of art. #### Silk Road Prison Art by /u/YesterdaysNews2 ![](https://cdn-images-1.medium.com/max/800/0*kD0nt0zn00uuxlLK.)This piece of art is a creative expression of the Reddit user’s (/u/YesterdaysNews2) feelings about [Ulbricht’s predicament](https://www.coindesk.com/16500-retweet-cash-support-ross-ulbricht/). The FBI’s wallet address is featured on the artwork, engraved on the wooden paneling. This wallet formerly held the seized coins and the address can be found in the Brooklyn prison where Ulbricht is being held. This painting speaks volumes about the creator’s thoughts about alleged Silk Road leader Ross Ulbricht. /u/YesterdaysNews2 can deliver this artwork to prospective buyers just if they provide her or him with “1 BTC and shipping address”. Although, this artwork came out in 2014, so we’re sure the user would be happy to deliver this artwork for far few bitcoins now. #### Cryptsy-Cryptocurrencies Market by Stefania Nistoreanu ![](https://cdn-images-1.medium.com/max/800/0*7WJJFW8ASlzAVvYd.)Romanian artist Stefania Nistoreanu has developed a liking to digital currencies. The idea for this oil and gold leaf painting was conceived after Nistoreanu made “a lot of cryptocurrency transactions” in her first two weeks using the Cryptsy exchange. The 50x70cm painting is up for sale for $4,320, or about 0.6 BTC at the time of publishing this piece. #### “Mount Gox” by Thomas-Joseph Carrieri ![](https://cdn-images-1.medium.com/max/800/0*SCmsH-IQcHSvvl7b.)Artist Thomas-Joseph Carrieri exhibited his works at the San Francisco Bitcoin Art Fair, one of them serving as a reminder to when bitcoin hit a crucial road bump in its early existence. Carrieri’s Mount Gox takes the name of the exchange to heart, as a mountain is the focus of his work. However, the most intriguing part of the artwork is that he based the piece off of the popular card playing game, Magic: the Gathering. Each Magic card works to strengthen a player’s deck to try and outwit an opponent. The caption on Carrieri’s card reads: “Add Bitcoin to your mana pool.” His work manages to bring together three different realms in one image: the realm of card games, the art world, and bitcoin. #### The Last (Bitcoin) Supper by Youl ![](https://cdn-images-1.medium.com/max/800/0*Wx-RtFCGCeNYAwbY.)Painted by French artist Youl, The Last (Bitcoin) Supper is an intricate, balanced and colorful piece of art based on the cryptocurrency. It features QR codes, laptops, and some trendy outfits. This 140x70cm painting is a fittingly modern tribute to Da Vinci’s similar namesake. Fans of the painting also have their fair shot at purchasing this piece — it’s currently up for auction on eBay for $1,075.00. #### Satoshi by Juan Miguel Delgado ![](https://cdn-images-1.medium.com/max/800/0*5XOYdWLILCzQpM5O.)This poignant portrayal of a bitcoin transaction depicts a homeless beggar accepting a donation from a purposely faceless man — presumably Satoshi Nakamoto. According to the artist, a Costa Rican man named Juan Miguel Delgado, the beggar is supposedly a former banking executive. The QR code in the painting directs to a real wallet address that claims to be used to donate to the poor. ### Also Read: **Categories:** Blog --- ### [Vietnam bans bitcoins: Does it matter?](https://blog.unocoin.com/vietnam-bans-bitcoins-does-it-matter/) **Published:** January 2, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Zp4fRSd8M82RjfEbjYLCNw.jpeg)Vietnam bans bitcoins: Does it matter?In the Eastern Pacific in recent times we’ve seen heightened geopolitical focus with the Chinese claim on the South China Sea, the US’s militarized attempt to beat it back, the Philippines and its war against drugs and ISIS, Vietnam and its proxy wars to the south west of its borders. But in the world of cryptocurrencies, one incident takes precedence — the Vietnamese ban on Bitcoin. The SBV (State Bank of Vietnam) has issued a statement that it is “developing a completely new framework for \[monitoring and regulating\] cryptocurrencies”. After the Indonesian ban on Bitcoin, the Vietnamese Government issued a public statement on the 30th of October, that deemed Bitcoin exchanges and payments illegal, “According to the provisions of the law, Bitcoin and other virtual currencies are not lawful means of payment in Vietnam; The issuance, supply, use of bitcoin and other similar virtual currency as a means of payment is prohibited in Vietnam.” The Vietnamese government has slapped a hefty fine — around $9000 dollars — on offenders. Many credit this as an immediate response to lobbyists within the country who are now beginning to lose a foothold in the market due to the introduction of new technologies — all foreign. For example, quite recently Vietnam saw a nation-wide taxi protest that was sparked by rage against Uber. Traditional industries and services — transport, delivery, and food — have all been disturbed, causing the Vietnamese government to relook and adopt a new framework to meet this technological change. ### Does this matter? But does this mean anything to the Bitcoin community at large? Since the ban, bitcoin has still continued to rise in price. It still holds strong. With the recent sweep of countries now making concrete decisions to regulate or cease Bitcoin activity, the global Bitcoin market has remained unhurt and has even gone ahead and seen a record high of $16,000 earlier this week. Many consider the current situation akin to that stipulated by the Satoshi Nakamoto Institute — that the world is about to have a ***hyperbitcoinization*** period, where countries on the fringe of financial security, those prone to heightened inflation rates and poor savings etc. will begin to adopt Bitcoin as the standard of payment and financial exchange. And this theory does hold true; the digital transformation taking place in India, the legalisation and adoption of bitcoin by countries all over the world (Estonia, the USA, South Korea and Canada are examples of a few). The economic crisis taking place in South America and the heightened socio-political tensions in North Africa are markers and conditions that show that Bitcoin is only going to be, and actually is valued quite highly and is no longer the fringe desire of a few. This isn’t to say that there isn’t a sudden wave of determination taking place in the South Asian quadrant of the world. The last event to cause a significant drop in valuation was the Chinese decision to halt all mining activity and seize all domestic holdings, under the premise that the initial IPO was unregulated and deeming all holdings to be illegal. This was a serious event, affecting the world’s largest and most influential Bitcoin community. Even so, the dip to $4447 in September is completely overshadowed by the current high that Bitcoin is riding. There is a balancing act taking place within the Bitcoin market, but taking place under the general umbrella of adoption or rejection. A large number of countries around the world have made their first foray into the bitcoin market, whether to gain from it or to put a stop to it. And in this balancing act, the number of adopters have overturned any skepticism. What is key to look for are signs that Asia, the world’s quickest growing market remains up to date with the world-changing technology that is Bitcoin. In India, the Reserve Bank has set up an investigative committee to look into Bitcoin, after a lot of socio-economic pressure. Some theorists believe that the Chinese hold on Bitcoin activity was only temporary, with some ulterior motive at play. Other influential S.E Asian countries have already accepted Bitcoin, with Japan and South Korea being the pioneers here. ### Conclusion As such, the Vietnamese ban on Bitcoin remains irrelevant to the Bitcoin trajectory for a variety of reasons, but these are the important ones; 1. The size of the Vietnamese community is negligible, and the number of exchange services and users is more so. 2. The theory of hyperbitcoinization holds true, with Venezuela and Zimbabwe as ”in-practice” markets and South Korea, Japan and India as adopters. 3. The overall Asian Bitcoin market is held in a few countries and in great numbers, these countries have remained unaffected. 4. Countries, institutions, groups the world over have adopted Bitcoin, making a high-value investment. In fact, Bitcoin’s current performance is markedly higher than Wall Street estimates of $6000 by mid-2018. The same Wall Street now says $25,000 is a conservative estimate. ### Also Read: **Categories:** Blog --- ### [Don’t fall for these bitcoin myths](https://blog.unocoin.com/dont-fall-for-these-bitcoin-myths/) **Published:** January 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*_uF4T14qD2lIpPQIL3DfXw.jpeg)Don’t fall for these bitcoin mythsIntroduced back in 2009, Bitcoin has been received well by a lot of people. Not surprisingly, for something as widely accepted as this currency, there are numerous myths floating about as well. “People aren’t taking the time to do their research, and there is a learning curve,” said Alan Silbert, founder, and CEO of [BitPremier](http://www.bitpremier.com/), a luxury marketplace dealing only in bitcoin. In April, Dawid Ciężarkiewicz gave a [presentation in Toruń](http://satoshi.pl/2013/04/25/bitcoin-a-wolnosc-gospodarcza-umk-torun-nagranie-videorelacja-youtube/), Poland, that delved into common myths surrounding Bitcoin. One of the most pervasive myths he has encountered is that bitcoins are given out for free. We’ve all heard our share of Bitcoin baloney. There are some dark sides of bitcoin, such as the enormous cost of mining bitcoins, the inability to recover lost coins, wallet vulnerabilities — there also is plenty of misinformation being spread around. Here is a list of some common myths about bitcoin ### 1. Bitcoins have no intrinsic value It’s a heavily debated issue — do bitcoins have intrinsic value outside of their use as a medium of exchange? There are multiple doubts surrounding their authenticity, as the decentralized currency is not backed by the government — so should it not have any value? But there are also arguments to be made about the value of bitcoin as a global network of exchanges and merchants. At the end of the day, the value is determined by supply and demand. If usage grows, its value will increase as well. Isn’t that exactly how money functions? It’s value is determined by us, the users. Bitcoin is no different. ### 2. Bitcoins are illegal (because they’re not legal tender) Another big question surrounding Bitcoin is whether it’s a form of legal tender. In this regard, every country has its own stance, while many have accepted bitcoin as digital currency, a few countries have banned them. For now, Bitcoin might fall into some grey areas, but bitcoin is definitely not illegal. The issue arises from the fact that the world had never seen a mass-accepted currency not backed by a national government before — thus this confusion and debate. It’s what makes bitcoin so exciting! ![](https://cdn-images-1.medium.com/max/800/0*iEUdVvJUOUpvjPpd.)(Source: FactoryDaily)### 3. Bitcoins are primarily used to launder money Are you suggesting that there was no money laundering in the world before the advent of bitcoin? The [Silk Road](https://www.coindesk.com/lifestyle/silk-road-news/) drug racket was used to launder drug money with transactions based on digital currency. Silbert of BitPremier weighed in by saying “The Bitcoin community wants to adhere to the rules,” and is willing to cooperate with governments to increase the cryptocurrency’s adoption. To argue against bitcoin with this wide brush of money-laundering anarchists is not fair as this is a restrained lot, and these transactions can be carried out with cash as well. ### 4. Bitcoin enables tax evasion The argument here by Bitcoin backers is that cash transactions are likewise anonymous, but still taxed successfully. In fact, if countries were to adopt bitcoin more openly and officially, it would only help their case. The blockchain is public anyway! ![](https://cdn-images-1.medium.com/max/800/0*p_7ahYPrti2vGiAv.)[Image Source](https://www.bitcoinisle.com/2016/10/18/end-of-japans-bitcoin-sales-tax-will-slash-costs-for-bitcoin-users/): bitcoinisle.com### 5. Bitcoins are given away for free [Dawid Ciężarkiewicz said](http://satoshi.pl/2013/04/25/bitcoin-a-wolnosc-gospodarcza-umk-torun-nagranie-videorelacja-youtube/) not understanding the mining process leads many people to think bitcoins are given away for free. In fact, bitcoins are mined in a complex computing resource-intensive process that is used to validate transactions by solving a series of cryptographic puzzles. Bitcoins are validated via the blockchain, which is a ledgers of past transactions open to public. Miners who process and verify Bitcoin transactions are rewarded with bitcoins. Mining is an exhaustive process as it takes extensive hardware to make this currency and, to date, mining bitcoins has cost hundreds of thousands of dollars. This design is intentional: the difficulty of mining is built in to limit the number of bitcoins found each day. In addition, there’s a hard limit on the number of bitcoins that can be mined: 21 million coins. 6\. It’s a giant Ponzi scheme ![](https://cdn-images-1.medium.com/max/800/0*pC3jesiEgenRax1B.)(Source: CoinTelegraph)A Ponzi scheme is defined as a form of fraud that pays investors returns with money from later investors instead of money from profits. The reason bitcoin does not qualify to lead such a scheme is that it is a peer-to-peer, open-source currency, there’s no central entity to lead such a scheme. While early adopters have enjoyed huge surges, they’re not profiting at the expense of those hopping on the bandwagon later. ### 7. Quantum computers would break Bitcoin’s security This myth may not be entirely false — quantum computers could pose a risk for the bitcoin network. But there’s one little caveat: Quantum computers don’t exist yet. ### 8. Bitcoin ‘has been hacked’ ‘Bitcoin hacks’ are one of the most prevalent myths about Bitcoin. Is the currency secure if the network can be hacked? So far, vulnerabilities have been related to inadequate wallet security and attacks on websites that use bitcoins. To date, there are no reports on any attacks on blockchains that led to stolen money, heists from exploiting the protocol or thefts due to holes with the original Bitcoin client. This is because of the nature of the blockchain itself — which would require someone with control over half the network, along with malicious intent, to be able to bring about any specific changes. Highly unlikely. The credibility of Bitcoin continues to improve in the global markets with its value rising as high as $20,000 USD. This demand will only further increase, with greater awareness of its user-friendly nature and of course, these myths being debunked from the minds of people. ### Also Read: **Categories:** Blog --- ### [How much Electrical Power does the Bitcoin Network Use?](https://blog.unocoin.com/how-much-electrical-power-does-the-bitcoin-network-use/) **Published:** January 9, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*buCQo8JHygjz0K7ggf_FNg.jpeg)How much electrical power does the bitcoin network use?Bitcoin mining is super important. It keeps our favorite cryptocurrency going. Mining is the process of verifying the bitcoin transactions and adding them to the public ledger, and being rewarded for doing the same. It involves solving complex cryptographic puzzles which are highly computation intensive. Anyone can become a miner, provided that you have access to the Internet and the hardware required to do the difficult calculations. ### Bitcoin Mining Bitcoins are mined in groups called “blocks”. The reward for mining gets halved for every 210,000 blocks mined. When bitcoin came out in 2009, the reward for mining a block was around 50 BTC. Today, the reward for mining a block is 12.5 BTC. Currently, there are about 16,791,100 bitcoins in circulation, and the maximum number of bitcoins that can ever be produced has been capped at 21 million. On an average, around 1,800 bitcoins are mined per day. (For real-time figures, checkout[ bitcoinblockhalf](http://www.bitcoinblockhalf.com/).) More the number of active mining nodes (higher hashrate), greater the difficulty level of mining additional ones. As a result, computations get complex, and a lot of hardware is required for doing the same. Now, this hardware would understandably consume a lot of energy to run. This consumption would be pretty significant, you’d think. Let’s do the math and find out. ### Doing the Math ![](https://cdn-images-1.medium.com/max/800/0*o0wHGLGD6m6jsTwJ.)Bitcoin mining needs a lot of hardware! (Image Source- [Blockgeeks](https://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&ved=0ahUKEwiD-b26pNDXAhVHv48KHehqAXEQjxwIAw&url=https%3A%2F%2Fblockgeeks.com%2Fwhat-is-bitcoin-mining-an-easy-guide%2F&psig=AOvVaw31kex2fd54dbrf_4eca4hu&ust=1511374891840421))To calculate the electrical energy used to power the bitcoin network, one needs to look at the number of sums that are conducted every second for solving the cryptographic puzzles. Then, one needs to find out the amount of electrical energy needed to solve each sum. The “sums” being talked about here are nothing but “hashes”. A miner has to come up with a 64-digit hexadecimal number (A hash) that is less than or equal to the target hash. Not only that, he/she has to be the first one to do it. To mine successfully, you need to have a high hashrate and need a lot of computing power. Your best bet would be to use either a graphics processing unit miner (GPU) or an application-specific integrated circuit miner (ASIC). - According to a recently[ released estimate by Digiconomist](https://digiconomist.net/bitcoin-energy-consumption), **Bitcoin mining consumes about 30.14 TeraWatt Hours of energy annually.** - This level of consumption is actually higher than more than 159 countries. - About 381,000 bitcoin transactions are processed in a day. In a year, therefore, a bitcoin transaction would consume an average of 200–210 KiloWatt Hours of energy. - An Indian household consumes an average of 75 KiloWatt Hours of energy in a month. **A single bitcoin transaction, therefore, consumes as much energy as a household does in 3 whole months!** ### The Power of Bitcoin One has to agree that running the bitcoin network requires a lot of power. In fact, with the numbers we’re crunching, bitcoin transactions are consuming more energy than half the planet! With bitcoin gaining immense popularity, the number of miners that join the race keeps increasing. As it gets harder and harder to mine bitcoins, the graph of power needed to do so continues to shoot up. In some places, this power drain has been putting a strain on the local power grids. For example in Venezuela, mining operations have adverse effects on the country’s existing electricity shortage problem. On the other hand, one needs to remember that the bitcoin is a volatile currency. Different numerical figures associated with it constantly fluctuate every day. This leads us along a path which has an unforeseeable future. ### Also Read: **Categories:** Blog --- ### [Peter Thiel: “People are underestimating bitcoin”](https://blog.unocoin.com/peter-thiel-people-are-underestimating-bitcoin/) **Published:** January 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*MUMXu36r2hiF4N9kByZRAw.jpeg)Peter Thiel: People are underestimating bitcoinBillionaire entrepreneur and venture capitalist Peter Thiel — the man behind PayPal, and godfather of sorts at Facebook, is bullish on bitcoin, [much like other Wall Street investors](https://blog.unocoin.com/25000-bitcoin-price-prediction-is-conservative-wall-street-strategist-3e2a344755fa?source=collection_home---6------1----------------). Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Peter Thiel compared the cryptocurrency bitcoin to gold. ‘People are underestimating bitcoin and it has great potential left,’ he said. He added, “I’m skeptical of most of them (cryptocurrencies), I do think people are a little bit underestimating bitcoin especially because it’s like a reserve form of money, it’s like gold, and it’s just a store of value.” Even so, in Thiel’s opinion, like gold, it’s difficult to mine, [making it more worthwhile](https://blog.unocoin.com/why-blockchain-is-one-of-the-greatest-inventions-since-the-internet-634a860f6bdf?source=collection_home---6------0----------------). The [PayPal](https://www.cnbc.com/quotes/?symbol=PYPL) founder and venture capitalist compared some of bitcoin’s features to gold. He went on to add that you don’t need to use it to make payments rather use it an asset. There has been rising interest in bitcoin last year. The cryptocurrency recently hit a new record high above $20,000 and has rallied over 2000 percent last year. Thiel said that bitcoin is based on the “security of the math”, which means it can’t be hacked and is highly secure. “Bitcoin is mineable like gold, it’s hard to mine, it’s actually harder to mine than gold. And so in that sense, it’s more constrained,” Thiel said. JPMorgan CEO, Jamie Dimon is not the biggest fan of bitcoin and has called the cryptocurrency “a fraud that will eventually “blow up.” But he was exposed to his hypocrisy when JPMorgan itself was buying bitcoin in the millions after his comment. The cryptocurrency has a limited supply and only 21 million bitcoin will be mined. Then there’s the camp occupying the middle ground, who don’t say it’s the best investment but also don’t say it’s the worst investment. Other major figures involved in the business world have weighed in the debate over the sustainability of cryptocurrencies: Khaldoon Al Mubarak, who heads Abu Dhabi’s Mubadala Investment Company, said he was “still on the fence” with regard to bitcoin and blockchain technology, but that people should look at both with an open mind. He also said that he doesn’t think it was a fraud. His biggest concern revolved around regulation. Saudi billionaire investor [Prince Alwaleed bin Talal](https://www.cnbc.com/prince-alwaleed-bin-talal/) said Monday that bitcoin will “implode” one day. Billionaire tech mogul [Mark Cuban](https://www.cnbc.com/2017/10/19/mark-cuban-heres-how-and-when-to-put-your-money-in-bitcoin.html) seems to be among the skeptic group, as he [told Vanity Fair](http://video.vanityfair.com/watch/mark-cuban-s-guide-to-getting-rich) that he would only recommend to invest up to 10 percent of your savings in high-risk investments, including bitcoin and ethereum. That shouldn’t sound discouraging at all — since 10% of your portfolio is like to rise to become 20–30% the way bitcoin has been rallying. ![](https://cdn-images-1.medium.com/max/800/0*lZusFsw6iX8utFMW.)(Mark Cuban. Image Source: BusinessInsider)Some of the biggest names on Wall Street are also starting to embrace the digital currency, including Fundstrat’s [Tom Lee](https://www.cnbc.com/2017/10/25/wall-street-strategist-tom-lee-recommends-risky-over-the-counter-bitcoin-trust.html) and value investor [Bill Miller](https://www.cnbc.com/2017/07/19/bill-miller-josh-brown-latest-wall-street-pros-to-test-bitcoin-waters.html), who is running a fund with **nearly a third of its assets in bitcoin.** Billionaire venture capitalist Tim Draper, who grew big as an early backer of Baidu and Skype, became the first prominent venture capitalist to openly embrace initial coin offerings. Draper soon plans to take a step further into the world of cryptocurrency by buying a new digital currency offered by a technology start-up Tezos. Tezos is a new blockchain platform launched by a husband-and-wife team with extensive Wall Street and hedge fund backgrounds. Some of these billionaires have accepted the digital currency with an open mind, while others are skeptical about the regulation policy. Some of them have also invested in blockchain technology and showed a keen interest in the currency. Irrespective, the currency is booming, with its value trading over $14,000 at the time of writing. ### Also Read: **Categories:** Blog --- ### [The best offline Bitcoin Wallets](https://blog.unocoin.com/the-best-offline-bitcoin-wallets/) **Published:** January 16, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*VAeFoOE9S62UEfUl4zbuoQ.jpeg)The best offline bitcoin walletsThe use of bitcoin as a medium of currency exchange, as a store of value, and for purchase is rapidly growing by the day. We may use it for many different purposes, however, the fact remains that we are dealing with virtual money and so the risks may be greater. We’ve heard of people losing their bitcoins during fraudulent transactions and of bitcoins being stolen, which brings us to why storing your bitcoins safely is extremely important. Just like how we use our purses and wallets to store physical money, bitcoins too have **wallets** that store not your money, but the **private key** which is something like an ATM pin that allows access to the bitcoin address and to do transactions. Bitcoin wallets can be chosen according to your preference and convenience. Each wallet has its own specifications. Your wallet contains two types of keys: - The **Public key,** which is the bitcoin address that is randomly generated every time you make a transaction and can be viewed by anyone, and - The **Private key** which goes with that address. Without these two keys, you cannot use your bitcoins or gain access to spend it. Of course, you can also view your current balance and view related transactions on a new page. Bitcoin wallets come in different forms and designs. However, **securing and backing up** your bitcoin wallet is essential. Bitcoin wallets vary in the type of device used and the main forms of these wallets are **Desktop, Mobile, Web, Paper, and Hardware**. Yes, it is even possible to store them in a paper if you don’t trust computers. Before you choose your bitcoin wallet, the things that you need to consider **are Security and Backup, Convenience and Compatibility** with other cryptocurrencies. Compatibility is important because if you have already started using bitcoins then you’re bound to start using other cryptocurrencies. So if you’re planning to use bitcoins, you will first need to **buy, download or create a bitcoin wallet.** We have listed five of the best offline wallets for you: ![](https://cdn-images-1.medium.com/max/800/0*D_K6kCJznT2t5QLH.)*(Source: gettyimages)*#### **1. Ledger Nano S** It is important to use a **hardware wallet** when you’re dealing with a lot of bitcoins. Ledger Nano S is a hardware wallet founded by a French start-up. It is a USB drive type of wallet that can connect to **any USB port**. It doesn’t have to be charged because it doesn’t have a separate battery and automatically starts up once plugged into a USB port. The Ledger Nano is considered to be the smallest and most cost-effective option. It works like a **Smartcard,** in which the private key is generated and signed offline during the transaction. When you install the device, you need to create a secure **pin code and a 24-word recovery code** in order to restore your bitcoins anytime. The Ledger Nano S can also be used to store Ether, Litecoin, Ripple and much more making it highly compatible. #### **2. Mycelium** Mycelium owes its huge popularity to its **ease of usage**. It is a **mobile wallet,** **compatible with Ledger Nano S** and **Trezor** (which are hardware wallets) and with paper wallets too. It is hassle-free as it does not require email verifications, passwords and usernames to help you get started. Mycelium is **an HD wallet** containing a 12-word seed key which should be noted somewhere and kept safe as this will help you recover your bitcoins in case you damage or lose your device. It is available for both **Android and iOS.** #### **3. Exodus** Exodus is again a very convenient and free to use **desktop wallet** designed in 2015. It is the **first multi-cryptocurrency** wallet and supports Bitcoin, Ethereum, Litecoin, Dogecoin and Dash among others. There is no registration and identity verification to get started. However, you do need to create a backup code. For backing-up your code, it asks for your email id to aid in recovery. However, you can only take a backup if there is some balance left in your wallet. It is supported on **Windows, Mac, and Linux.** #### **4. Trezor** Trezor is the first bitcoin **hardware wallet** developed by SatoshiLabs. It works just like the Ledger Nano, where it is consists of an OLED screen and connects through a USB to either your phone or computer. When you first connect it to a PC, it shows **a 9 digit pin code** on its screen. This same code has to be entered into the PC. A **random code** is generated every time you connect it to a device, which makes it highly secure. Trezor now supports many cryptocurrencies like Ethereum, Litecoin, Zcash, Dash and many more. #### **5. Armory** Armory is a popular **desktop wallet** option. It is considered to be the most mature and secure where private keys are stored in an **offline computer** and only someone with access to the physical location of the computer which is kept a secret can steal bitcoins. This is highly secure as users are in **complete control** of the private key. ### **Wrapping Up** - It is important to set up a bitcoin wallet first before getting bitcoins so as to store it safely and prevent from losing it. - Some important hardware wallets are Ledger Nano S and Trezor that are highly secure and connect to a USB drive. It asks for a password code and backup seed key for recovering bitcoins. It works like a smartcard where the private key is generated and signed offline during transactions. - Some popular desktop wallets are Exodus and Armory. Exodus is very easy to use and only asks for a backup code in case of restoring bitcoins. Armory, on the other hand, is highly secure as the private key is stored in an offline computer which makes it almost impossible to steal bitcoins. - Mycelium is a popular form of a mobile wallet that is easy to use and compatible with the important cryptocurrencies. It only again asks for a back-up key in case of recovering your bitcoins. It is available in Android and iOS. One thing you’ll probably hear from every bitcoin expert is that your bitcoins are as safe as you make them. Before you start using and getting bitcoins, invest some time to decide on your wallet as the security of your money entirely depends on it. Some factors to look at while deciding would be **the amount** you want to deal with and **the frequency of usage**. For instance, if you’re going to be using the bitcoin frequently then a more convenient option can be considered like mobile or desktop wallets. ### Also Read: **Categories:** Blog --- ### [Bitcoin haters don’t get its gold-like qualities, says Goldman Sachs](https://blog.unocoin.com/bitcoin-haters-dont-get-its-gold-like-qualities-says-goldman-sachs/) **Published:** January 19, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*1oN7UWNyhgb6hDLds0WhdQ.jpeg)After a year of roaring success, Bitcoin has become the talk of the town.After a massive surge in prices last year with a Bitcoin traded north of $15,000, institutional investors are starting to stream into the cryptocurrency space. Many of them are also voicing their opinions about Bitcoin, with some saying that Bitcoin has great promise while others aren’t so sure. In an interview with Bloomberg TV, Jeff Currie, Goldman Sachs’ head of commodities research, reasoned why Bitcoin is very much a commodity like Gold. ### Criteria for a commodity Currie pointed out that Bitcoin satisfies every criteria to qualify as a commodity: - It’s limited in supply, - It’s an asset not backed by a central authority - It is valued in the open market. - It has real utility as a store of wealth that’s immune to manipulation or theft. The Wall Street insider also spoke his thoughts out loud when he wondered why Bitcoin faced so much hostility. ### Reasons for Bitcoin’s volatility Currie pinned the problem of high volatility in Bitcoin prices on low liquidity and lack of regulation to explain its volatility. He said that when compared to Gold, a significant portion of which is held by central banks and which is valued at $8.3 trillion, Bitcoin’s low valuation at around $200 billion and absence of a central bank to regulate liquidity was responsible for its volatility. Later, Goldman Sachs’ CEO Lloyd Blankfein appeared on CNBC, where he was asked whether he would consider Bitcoin to be an asset like gold. In response, he said he was unsure about decentralised cryptocurrencies as an asset class and that he didn’t want to invest in Bitcoin until the problem of volatility came to a close. Blankfein concluded that although he wasn’t comfortable with the idea of Bitcoin, everyone would have to accept Bitcoin as a natural step forward in the evolution of money if it were to be successful. With investors and financial experts of every stripe entering the Bitcoin debate and with exchanges vying with each other to offer Bitcoin indexed funds, one thing’s for certain — Bitcoin has finally become mainstream. Have you jumped on the Bitcoin train yet? ### Also Read: **Categories:** Blog --- ### [Steve Wozniak: Bitcoin is better than gold and USD](https://blog.unocoin.com/steve-wozniak-bitcoin-is-better-than-gold-and-usd/) **Published:** January 23, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*R61lxDZwulajy6XwcjxtnQ.jpeg)Bitcoin’s mathematical roots and finite supply make it valuable, believes Wozniak.In a freewheeling interview with CNBC, Steve Wozniak, co-founder of Apple Inc. and tech geek, extolled Bitcoin as a better store of value than Gold or USD. At the sidelines of a conference on the future of payments and currencies, Wozniak, a mathematician by training, explained why he thought Bitcoin was better than the US Dollar and Gold. Quipping that unlike Gold or the US Dollar, Bitcoin has a predictable finite supply and is tamper proof, Wozniak claimed Gold’s value will be diluted once more efficient methods of mining are invented. He also remarked that the US Dollar is ‘kind of phony’ due to the centralised control over creation and use, lending itself to abuse. Adding that he admired Bitcoin from the very start, Wozniak said he wasn’t interested in the financial part of it but rather believed in the promise Bitcoin held as a currency. The tech geek also shared how he found it hard to buy Bitcoins in the early days after its launch. Comparing Bitcoin to a house, Wozniak said that no matter how much the price went up or the government taxed it, the house would still exist as a real stable asset, undiluted and worth what it’s made of. In the same way, he said, Bitcoin is limited in amount and nobody could ever dilute the supply, making it valuable as a stable asset. Wozniak also expanded on the broader uses of blockchain technology as he put forth cases for use of the technology across fields ranging from financial services to mining. Citing an example, Wozniak said that tainted Gold from unlawful or criminal sources may be tracked or identified using a unique blockchain identifier unlike now, where Gold, irrespective of the source, is smelted together and loses distinction. The tech geek also touched on Ethereum, another blockchain based cryptocurrency, and claimed that it opened a whole new world, with people writing thousands of applications for the platform. He signed off with a quote that there is a lot to cryptocurrencies than meets the eye. After breaching the $20,000 barrier a few days back, Bitcoin, the world’s most popular cryptocurrency with the largest market cap, has generated much buzz and interest in the financial world. As many as two exchanges have set up futures trade on the cryptocurrency, bringing much cheer to the Bitcoin community and investors. Bitcoin’s full potential remains to be seen as the cryptocurrency gains popularity and users by the day. ### Also Read: **Categories:** Blog --- ### [How do Bitcoin ATMs work?](https://blog.unocoin.com/how-do-bitcoin-atms-work/) **Published:** January 25, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*7WGOpue0J8W8ndgc2xx8-g.jpeg)As Bitcoin gains prominence, the number and use of Bitcoin Teller Machines (BTMs) have considerably grown.Bitcoin ATMs, also called Bitcoin Teller Machines (BTMs), aren’t really ATMs in the true sense of the term. Rather, these are physical centres where you can buy Bitcoins with fiat money and with some machines, sell Bitcoins too. Bitcoin ATMs are meant to offer access to Bitcoins to those who are not a part of the banking system. Bitcoin ATMs also cater to the underbanked and the less tech-savvy people. Some just prefer the extra privacy that some BTMs offer when it comes to buying Bitcoin. Estimates peg the number of Bitcoin ATMs all over the world at around 1600, an exponential rise from just two years back when the number hovered around 450. ### How do you use a BTM? - Search online to find a BTM near you. You can use services like [CoinATMradar](https://coinatmradar.com/bitcoin-atm-near-me/) to locate your nearest BTM. - Depending on the manufacturer, the machine may support two-way transactions between Bitcoin and fiat money, that is, it allows you to buy as well as sell Bitcoin. Most machines only support fiat to Bitcoin transactions, that is, you can only buy Bitcoin with fiat money. Fiat money is nothing but legal tender issued by a government. It’s your basic currency of the country: rupees, dollars, roubles etc. - Very few machines allow you to buy Bitcoins without any ID, as most require your phone number or some other ID detail for access. Depending on the machine and the operator, you may have to divulge personal information to varying degrees. This is to meet compliance requirements and to keep your Bitcoins secure. - A BTM looks more or less like an ATM. You might be required to key in your phone number. After verification with a One Time Password (OTP), you are good to go and can buy Bitcoin now using the BTM. Some BTMs might require you to use the BTM scanner to provide an ID card such as a driver’s licence, passport etc. #### Buying Bitcoin - Now that you’ve registered and verified your identity, it is time to buy some Bitcoins. Just enter the dollar amount for which you want to buy and slip in the fiat notes one by one into the designated deposit area. - After depositing the money, the machine either prints an offline wallet for you or sends Bitcoins to your Bitcoin wallet. Some machines might also offer to send your Bitcoins to your email address. - When you first start a Bitcoin wallet you get a slip of paper with a QR code printed on it. You can scan the code to get the private key and then use the private key in a wallet to gain access to the Bitcoins you’ve bought. - If you want the Bitcoins to be sent to your pre-existing wallet, you can scan a QR code representing your wallet address using the BTM scanner. Bitcoins are directly transferred to your wallet. - If you choose to receive your Bitcoin by email, the QR code is sent to your email. Some services allow you to set a password to encrypt the email. Once you’ve bought Bitcoins, you can now use them or just stay invested. The price of Bitcoin at these machines is typically 5–10% higher than the present going rates on exchanges due to added expenses such as rent, machine maintenance, regulatory requirements, charges, and volatility. Some still prefer to use these machines due to the ease of access or in the case of machines that don’t require an ID, absolute privacy. #### Selling Bitcoin - To sell Bitcoin, you have to enter the amount of Bitcoin you want to sell and send it to the address displayed on the machine screen. Fiat money is dispensed after the transaction is complete. The selling price offered at BTMs is also 5–10% less than the exchange rates. #### The transaction process The BTMs save Know Your Customer (KYC)/Anti Money Laundering (AMC) details, scrutinise them and report suspicious activity to the regulatory authority. After obtaining these details, the machines allow you to buy Bitcoin. The operators buy Bitcoin from exchanges and allow BTM users to withdraw Bitcoin from their wallets. One can buy as much Bitcoin as the operator holds. #### Operating a BTM In most jurisdictions, operating a BTM is a challenging task. BTM operators have to meet stringent regulatory norms. In the United States, operators have to register under the federal financial crimes enforcement network as well as obtain state-specific money transmitter licence. **Categories:** Blog --- ### [Coins beyond Bitcoin: The ones to watch out for](https://blog.unocoin.com/coins-beyond-bitcoin-the-ones-to-watch-out-for/) **Published:** January 30, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*b8rd2RsyyqSH8ISNmJnv0A.jpeg)Coins beyond Bitcoin: The ones to watch out forBitcoin has been a pioneer ushering in the wave of cryptocurrencies built on decentralized peer-to-peer networks. While these digital currencies are inspired by Bitcoin, they bring unique features to the blockchain industry and are collectively called altcoins — from the term *alternate* *coins*. As is obvious by now, you could say they’re a modified version of bitcoin, each coming with their pros and cons — like the ease of mining, greater risk, acceptance and value retention. Following is a list of coins beyond bitcoin to watch out for in 2018: #### 1) Litecoin (LTC) ![](https://cdn-images-1.medium.com/max/800/0*Ei8rAu7UMIG2it8m.)Litecoin was launched way back in 2011, just 2 years after the launch of Bitcoin. It was among the first alternate cryptocurrencies, and is often referred to as the ‘silver to Bitcoin’s gold.’ Created by Charlie Lee, an MIT graduate, and former Google engineer, it is also based on decentralised networks to facilitate global payments. Litecoin uses the “scrypt” algorithm as a proof of work, which has to be decoded by consumer grade CPUs. It is known to have a faster block generation rate and offers faster transaction confirmations. An important distinguishing factor is that Litecoin’s overall supply cap limit is set at 84 million, compared to the 21 million that bitcoin offers. The algorithms concerning the mining are much easier to solve and can be solved without special mining equipment. There are a growing number of merchants who have started accepting Litecoin as a mode of payment. #### 2) Ethereum (ETH) ![](https://cdn-images-1.medium.com/max/800/0*aMzV0cehDGxE-l6C.)Image Source: This young cryptocurrency was launched in 2015. During 2014, Ethereum, a blockchain invented to allow all sorts of applications to run on it, launched a pre-sale for ether (its platform-specific cryptographic token on which the applications would run) which had received an overwhelming response. Institutions like The Royal Bank of Scotland and companies like Microsoft are investing in software built on top of the Ethereum blockchain. Following a hack in 2016, which resulted in the theft of about $50 million worth of ether, Ethereum was split into Ethereum (ETH) and Ethereum Classic (ETC) after disagreements in its functioning in the community. This decentralised software platform also supports the creation of Smart Contracts, which can be run without any downtime, fraud, control or interference from a third party. Ethereum (ETH) has a market capitalisation of $100 billion, second largest after Bitcoin among all cryptocurrencies. #### 3) Zcash (ZEC) ![](https://cdn-images-1.medium.com/max/800/0*L_wjSDfoA_d5s0K-.)Image Source: Zcash defines itself as, “If Bitcoin is like HTTP for money, Zcash is HTTPS,”. Zcash again is a new age cryptocurrency founded in the latter part of 2016. It grew out of the Zerocoin project, with its major distinguishing feature being that it acts like a Swiss Bank of sorts, and does not provide any information about the parties involved in a transaction or the amounts transacted. Zcash claims to offer complete privacy or selective transparency in transactions. In this case, all the details of the transactions like the sender, recipient or the amount are recorded but remain anonymous when they are published on a blockchain. Zcash also offers its users the choice of ‘shielded’ transactions, which allow for content to be encrypted using an advanced cryptographic technique. The success of Zcash in this very competitive landscape lies due to its revolutionary, anonymous blockchain. #### 4) Dash ![](https://cdn-images-1.medium.com/max/800/0*c7QjySk8DUcpLg1D.)Dash (originally known as Darkcoin) is another open source, peer-to-peer cryptocurrency launched in 2014. This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. Dash aims to be the most user-friendly and scalable cryptocurrency in the world. It currently offers instant transactions services known as InstantSend, and private transactions through PrivateSend. It operates as a self-governing and self-funding model that enables the Dash network to pay incentives to individuals and businesses that perform work which adds value to the network. Dash’s decentralized governance and budgeting system also make it a decentralized autonomous organization (DAO). Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceable. #### 5) Ripple (XRP) ![](https://cdn-images-1.medium.com/max/800/0*9dgzB5i3Ixb3gFT0.)Ripple was released in 2012 and currently has a market capitalization of over $50 billion. Ripple is a real-time global settlement network that offers instant, low-cost international payments. Ripple’s consensus ledger where the transactions are recorded doesn’t need mining, a feature that deviates it from bitcoin and altcoins. OpenCoin, the company behind ripple, plans to distribute 100 billion ripples, although only half will be put into circulation. Ripple currently plans to distribute XRP primarily through business development deals, incentives to liquidity providers who offer tighter spreads for payments, and selling XRP to institutional buyers interested in investing in XRP. Perhaps the most distinguishing aspect of ripple is that it allows for instant conversion into different currencies. For example, you can easily convert bitcoin to ripple, and vice-versa. By making currency conversion easy, ripple can be used by bitcoin users and others to make easy access to traditional currencies. #### 6) Monero (XMR) ![](https://cdn-images-1.medium.com/max/800/0*T4V7rpYX3v4ZKol9.)Monero claims to be a secure, private and untraceable currency. This open source crypto was launched in April 2014 and drew great interest among cryptocurrency enthusiasts. The development of this cryptocurrency is completely donation-based and community-driven. From the beginning, Monero made a point and set itself apart from other cryptocurrencies in a way that is proving very important: scalability. Unlike Bitcoin and most altcoins, a special technique is used by this currency, called ‘ring signatures’ that seems to enable complete privacy. With this technique, there appears a group of cryptographic signatures including at least one real participant but since they all appear valid, the real one cannot be isolated. Monero has no hard-coded limit on its block size and will never face the slowdowns that provoked Ether to split its blockchain and that is causing trouble to bitcoin users. The cryptocurrency has been received well and is gaining a lot of popularity for its advanced features. ### Also Read: **Categories:** Blog --- ### [Unocoin Launching Multi-Crypto Exchange](https://blog.unocoin.com/unocoin-launching-multi-crypto-exchange/) **Published:** January 31, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*_Op6C45eCQ-ugDfWMmL5Cw.jpeg)Unocoin Launching Multi-Crypto ExchangeSure Bitcoin is great. But it’s the broader world of cryptocurrencies that it gave birth to that is even more fascinating! There are coins serving a whole multitude of purposes, each with their own unique characteristics, market and following. Why then, should India restrict itself to just bitcoin? ### Multi-crypto Exchange Trading Our thoughts exactly. Furthermore, buying and selling bitcoins is one thing. Trading them on a free market is another. Which is why Unocoin is now launching a multi-cryptocurrency, open order book exchange! Coming to the same Unocoin app on iOS and Android, the new exchange is all set to revolutionise cryptocurrency trading in the country — with support for 5 cryptocurrencies from the get-go. These will be: - Bitcoin - Bitcoin Cash - Ripple - Ethereum - Litecoin Users will be able to buy and sell their favorite cryptocurrencies right on the exchange, along with functionality to deposit and receive their holdings from and to the exchange wallet. ### Why An Exchange? An exchange offers a broad amount of advantages to a cryptocurrency trader. - Instead of having to rely on the going price set by a portal, an exchange maintains ‘order books’ — **which allows users to queue their trades on the exchange, and modify/manipulate them as per the market trend.** Placed a buy order and the trendline indicates a bullish sentiment — go ahead and change your order to a higher price. Or planning to sell on a dip only to see indications of a pump again? Feel free to cancel your order and analyse the market trends again. Think of it like trading on the stock market, except you’re doing it with cryptocurrencies this time. You can, of course, move your holdings into your exchange wallet ### Attractive Fees **The exchange will work on a ‘maker-taker’ model.** The makers are the users who’re infusing more liquidity into the market, by placing ‘limit orders’ on the exchange. A limit order refers to orders placed at a specific price (and not the current market price of the commodity). If you’re placing a buy order at a price below the market price, or a sell order at a price higher than the market price, you’re a maker. Such an action attracts a maker fee, which on this exchange, will be as low as **0.4%** A Taker, as you may have guessed, is a user taking liquidity off the books. Taker transactions are instant — such as market buys (at whatever the going market price is), or limit orders placed at the market price. A Taker Fee on the exchange will be charged at **0.6%** of the order value. ### Where Can You Get Started? Simply fire up the Unocoin app and take yourself to the exchange window to experience cryptocurrency trading the way it’s meant to be done! With Ethereum, Ripple, Bitcoin Cash and Litecoin available and more coins due for addition very soon, cryptocurrency trading in India is all set to be revolutionised. Download the Unocoin app here: [Android](https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet&hl=en) | [iOS](https://itunes.apple.com/in/app/unocoin-bitcoin-wallet-india/id1030422972?mt=8) **Categories:** Blog --- ### [Katy Perry is learning about Bitcoin from Warren Buffett](https://blog.unocoin.com/katy-perry-is-learning-about-bitcoin-from-warren-buffett/) **Published:** February 2, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*w9XGrS1AjQoN7144uzLKNA.jpeg)The famous singer shared a post referencing cryptocurrencies.Popular American pop singer and songwriter Katy Perry shared a picture of her seated beside famed investing legend Warren Buffett on her Twitter and Instagram accounts with the caption “nbd (no big deal) asking Warren Buffett his thoughts on cryptocurrency” in November (2017). ![](https://cdn-images-1.medium.com/max/800/0*D3Gq9e_Qst5HoRt7.)Pop singer Katy Perry pictured with investing legend Warren Buffett. (Source: Instagram)The singer sent out the picture to her massive fan base on social media. With a strong Twitter following of 110 million and an Instagram following of over 68 million people, the post garnered nearly 250 thousand likes on instagram as the Bitcoin community and cryptocurrency enthusiasts went agog over the celebrity’s post on cryptocurrency. **Given Perry’s wide and young fan base coupled with her celebrity status, there can be no doubt her post would bring a wave of awareness among fans who’ve never heard of Bitcoin or cryptocurrencies before**. Publicity by celebrities is also much more effective than other awareness campaigns because fans seek to emulate their idols and the message gets across to a wide section of the general population. ![](https://cdn-images-1.medium.com/max/800/0*yqj_AkLDOBj0qhvt.)Fans and cryptocurrency enthusiasts encouraged the singer to learn more about cryptocurrencies from experts on Twitter. (Source: Twitter)In comments, Bitcoin enthusiasts encouraged Katy Perry to learn more about cryptocurrencies from other sources too and some congratulated her on her interest in cryptocurrencies, while some verified accounts of Bitcoin exchanges and portals offered to help Katy Perry learn more about cryptocurrencies. ![](https://cdn-images-1.medium.com/max/800/0*gTvz9TxzRCZTL6jx.)Leading Bitcoin news portal Coindesk in response to Katy Perry’s cryptocurrency post. (Source: Twitter)Though Warren Buffett has expressed his reservations on cryptocurrencies and has warned investors against investing in Bitcoin in the past, after Bitcoin’s meteoric rise to over $20,000, investors are flocking to buy Bitcoin. Celebrities and famous personalities across industries started expressing their views on cryptocurrencies as Bitcoin assumed central stage for being the best performing asset last year. Exchanges are also vying with each other to launch Bitcoin indexed funds, evidenced by the launch of Bitcoin futures trading by CBOE (Chicago Board Options Exchange) and CME (Chicago Mercantile Exchange) by the end of last year (2017). Bitcoin is now bigger than Warren Buffett’s investment firm Berkshire Hathaway and has a market cap that exceeds New Zealand’s GDP. Much more interesting developments like Lightning network are on the anvil, buoying investor sentiment. Though it remains to be seen what the future holds for Bitcoin, one thing is for sure — it has never been more exciting for Bitcoin and the larger domain of cryptocurrencies. ### Also Read: **Categories:** Blog --- ### [Busting the Budget 2018–19 Myths: Cryptocurrencies Are Still NOT Illegal](https://blog.unocoin.com/busting-the-budget-2018-19-myths-cryptocurrencies-are-still-not-illegal/) **Published:** February 5, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*CCznQxTFiXXHS9Zc8et9CQ.jpeg)Busting the Budget 2018–19 Myths: Cryptocurrencies Are Still NOT IllegalDespite the repeated attempts made by the Government to urge caution among customers, cryptocurrencies have seen an upswing in the Indian market and among Indian investors. On 1st February, 2018, Hon’ble Finance Minister Mr. Arun Jaitley in his budget speech said — “The government does not consider cryptocurrencies as legal tender or coin, and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities.” This seem to have swept the market with a bearish sentiment for cryptocurrency and filled the investors with scepticism. But we need to take step back and look at the bigger picture to analyse how justified are these newfound fears. ### What has changed since the Budget Speech? Nothing. Yes. The stance iterated by the Hon’ble Finance Minister, Mr. Arun Jaitley is same as it has always been. The government has never recognised cryptocurrency as a legal tender. But just not being recognised as legal tender does not mean cryptocurrencies are illegal. It just means they’re not replacing the Indian Rupee. Further, the second part of his statement emanates from the past experiences that the Government has had with cryptocurrencies. In past there have been some instances where the cryptocurrencies were found being used for illicit activities. Therefore, in lieu of such instances, the latter part of Mr. Jaitley’s Statement seems justified. But here we also need to look at the flip side of the statement that so long a person is not using her/his bitcoins for illicit purposes she/he need not worry about being on the wrong side of the Government. ### The Bigger Picture Cryptocurrency’s legal status is same as it was in the past. Legislature has not introduced any new regulation through the Finance Act, 2018 or any other Act which subjects the income derived from cryptocurrency trade to any penalty and/or bans the trading of cryptocurrency. It is still the unregulated virtual currency as it was in the past. ### What does this mean for the investors? The status quo with respect to the cryptocurrency is the same. Investors who have invested in the cryptocurrencies or are planning to invest in the same need to understand that their investment is as good as it was before 1st February, 2018. One can still invest in the cryptocurrency and expect returns. The income earned by the sale of the cryptocurrency is not subject to any penalty, and is viewed as legitimate taxable income. So far as cryptocurrency as a mode of exchange for the mainstream trade is concerned, it cannot be used to trade with the mainstream vendors in India because most of the vendors don’t accept it, because it is not recognised by the government. But that does not mean that cryptocurrency cannot be used as a trading commodity at all. There are certain vendors based out of jurisdictions other than India and recognise the cryptocurrency as a legitimate digital currency. Such vendors will accept cryptocurrencies, and you can use your cryptocurrency to trade with them. Here, one needs to keep in mind that the exchange does not become illegal because it is done via cryptocurrency, but because of the nature of the goods. Therefore, only the purchase of a prohibited item using cryptocurrency will cause one to get into trouble with government. But then this would be the case even with the Indian Rupee, right? ### Conclusion The investors need not worry about the cryptocurrency. The media circus around the statement of Hon’ble Finance Minister is all noise, no show. The crypto currency is still as safe and/or as dicey an investment (depending upon how you saw it earlier) as it was before the Budget Speech. Unocoin truly supports the cause of ending illegitimate activity associated with cryptocurrencies and would wholeheartedly support the Indian government’s vision. **Categories:** Blog --- ### [Bitcoin miners vs Bitcoin nodes](https://blog.unocoin.com/bitcoin-miners-vs-bitcoin-nodes/) **Published:** February 6, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*cl4Z9TfYQ3-qKgqcG6WYNw.jpeg)Miners and nodes work in lockstep to make Bitcoin work.Since Bitcoin is decentralised, no central authority is in control. The entire system is governed by a set of rules that apply equally to everyone. Since it is based on cryptography, these rules involve doing a lot of math to keep the system going. The system is kept going by two kinds of entities — miners and nodes. Before we better understand what the two do, here’s a quick recap of some basic Bitcoin terms to help you understand it all better. - **Blockchain** — Bitcoin’s ledger. The Blockchain is a public record and can be stored by anyone. The Blockchain stores all transaction data. - **Mining** — the process by which Bitcoin transactions are validated using special processors. The people who do this are called miners. - **Node** — A server or storage device which stores the entire Blockchain and runs a Bitcoin client software that peruses all transaction data and the Blockchain to check if they conform to Bitcoin protocol. - **Bitcoin wallet** — A software application in which you can view your Bitcoin holdings, and send or receive Bitcoins. - **Bitcoin wallet address** — Your wallet address is equivalent to your bank account number. Bitcoins are stored against this address/ID. Each wallet address is associated with two unique keys, called public and private keys. - **Public key** — The public key is used to send Bitcoins to you and can be seen by anyone. The private key is your password and you need it to spend your Bitcoins. ### Bitcoin mining After you send Bitcoins using a Bitcoin wallet, this transaction information is relayed throughout the network — passes from **node to node (from a server to server)** until it is transmitted to all the nodes. - The miners then pick up this transaction information from nodes and perform a special process called mining on it, typically by using special processors called **Application Specific Integrated Circuits (ASICs).** - The transaction information is then converted into a unique 32 character length string called **hash**. - After hashing a transaction, miners then link it with the immediate preceding hash and thus create a chain of transactions after mining a few and linking them together. **This chain of mined transactions is called a block.** - The block is then linked to the previous block using the previous block hash found on the Blockchain. - Miners need constant access to nodes to pick up new transaction data and also to find the preceding block’s hash. Miners, in addition to mining, can also set up their own nodes and almost every miner has a local node set up. After mining is complete, the miner sends the transaction info of all transactions mined along with the new block to all nodes. The information is relayed from node to node to reach all nodes. Miners get a transaction fee from users as a reward for securing transactions while the system also rewards them with Bitcoins that are generated anew with the creation of every new block. ### Bitcoin nodes As mentioned earlier, Bitcoin nodes are storage devices with access to the internet that store all the transaction data from the very start as a chain of information called the Blockchain. - They also run Bitcoin software that enforces Bitcoin rules/protocol. The Blockchain can’t be tampered with, as any change to the transaction data changes the unique hash and exposes the cheating node. - Also, no transactions can be deleted as each is linked to the preceding one and any disruption is easily detectable. The nodes function to relay transaction information from users to miners and also to store the Blockchain. Nodes synchronise with each other and even if a node is offline for some time, it’ll download the latest data from other nodes once it gains access to the internet. Also, the nodes check every transaction and hash generated by miners to see if transaction data corresponds to hash generated by miners. The nodes also confirm that all data complies with the Bitcoin protocol. **Any aberrant transaction that doesn’t conform to the Bitcoin protocol is rejected.** Once mined and added to the Blockchain, it’s very hard and costly (could cost as much as $30 billion to falsify one transaction) to change the record held by nodes. Since there are thousands of nodes worldwide, the Bitcoin network is very hard to shut down. Any rogue node can be identified by comparing it with the rest and can be isolated quickly. Anyone with a storage device with sufficient space connected to the internet can run a node. Both miners and nodes act in concert to enable the Bitcoin network and are the pillars on which Bitcoin rests. Together, they create a system immune to external manipulation, tampering or censorship and fulfill the promise of Bitcoin. ### Also Read: **Categories:** Blog --- ### [2017 was the year of bitcoin](https://blog.unocoin.com/2017-was-the-year-of-bitcoin/) **Published:** February 8, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*r2nn0V4ps1h_--1D0bv0pA.jpeg)Bitcoin enjoyed an unprecedented rise to global stardom in 2017.After more than a 17 fold rise in 2017, Bitcoin easily takes the title of the ‘best performing financial asset of the year’ by an unprecedented margin. Starting the year at around $1000, Bitcoin breached the $1k mark the very first day. From then on, the journey has only been uphill, marred occasionally by setbacks from which Bitcoin has only emerged stronger and more resilient than ever. Closing the year at around $12,650 a Bitcoin, the markets saw it momentarily touch even $20,000! Here’s a chronicle documenting Bitcoin’s unrivalled rise this year. ### January High: $1,166 | Low: $738.7 Bitcoin soared north of $1,000 the very first day of the year. Despite a crackdown by China mid-way through the month to stop capital outflows, Bitcoin prices recovered after a dip and by the end of the month, were again hovering around the $1,000 mark. ### February High: $1,222.2 | Low: $936.4 Uneventful month with steady rise in prices to $1,200 on the last day. ### March High: $1,328.8 | Low: $891.0 Another uneventful month with a slight dip as prices hover around $1,000. The number of Bitcoin related projects on GitHub pass 10,000. ### April High: $1,449.7 | Low: $1,070.2 Prices appreciate to level around $1400 following increased investor interest and sustained demand for Bitcoin. ### May High: $2,689.0 | Low: $1,432.0 Prices jump dramatically to around $2,200 by the end of the month as demand soars abruptly. Many posit that institutional investors are moving into Bitcoin. More hedge funds invest in Bitcoin. Bitcoin’s price rise picks up steam as asset starts to appreciate exponentially in what is to turn into a mega rally. Bitcoin takes eight years to reach $1000 and just five months to reach double that price. Market cap exceeds $25 billion. ### June and July High: $3,000.0 | Low: $1,835.8 Price touches $3,000 on June 11, less than a month after breaching the $2,000 barrier, after media reports on high profile investors leads to renewed surge in buying. Prices hover between $2–3k over the two month period. ### August High: $4,749.90 | Low: $2,615.80 Bitcoin forks into two different cryptoassets on the first of August. Bitcoin cash arises as Bitcoin variant offering increased transaction speeds at lower costs, albeit at the cost of network security. Bitcoin holders receive an equal amount of Bitcoin cash. The fork has almost zero effect on Bitcoin as prices shoot up to $4750 by the end of the month. Market cap exceeds $50 billion. ### September High: $4,969.00 | Low: $2,981.00 Prices hover between $4–5k during the first few days. As China bans Initial Coin Offerings (ICOs) and later on announces its intentions to ban Bitcoin exchanges, prices tumble to below $4k. JP Morgan’s CEO Jamie Dimon calls Bitcoin a ‘fraud’ and ‘Tulip bubble 2.0’ causing further drop in price to a low of $3200. Bitcoin sheds 20% of its value in a few days. Lost ground is recovered pretty quickly as institutional investors express renewed interest and wealthy investors like Rothschild buy stakes in Bitcoin. Bitcoin settles around $4,400 by the end of the month. ### October High: $6,472.10 | Low: $4,134.90 Bitcoin gains popularity among the masses following entry of institutional investors as mainstream media starts covering Bitcoin and other cryptoassets extensively. Celebrities and financial experts chime in with their opinions on Bitcoin. Investors flock to Bitcoin as prices rise steeply to $6k from $4k within a month. The community looks at two major hard forks, one slated for October and the other for November. Investors look forward to upcoming major fork called SegWit 2X as buying momentum continues unabated. Chicago Mercantile Exchange (CME), the world’s largest commodity exchange announces plans to offer Bitcoin futures trading by the end of the year. **Bitcoin’s value is now up 600% in less than a year and the market cap exceeds $100 billion.** ### November High: $11,427.17 | Low: $5,426.00 Bitcoin goes mainstream as price catapults to $10,000 by the end of the month. There is frenzied buying of Bitcoin as prices go past $7k. After an effective campaign by developers rallying the community against the hard fork, Segwit 2X is called off. Prices slip to $5,700 as a disappointed section of investors sell off, moving on to Altcoins such as Bitcoin Cash. Further, a section of miffed SegWit 2X supporting miners abandon Bitcoin mining and start mining on the Bitcoin Cash Blockchain, causing Bitcoin network congestion and leaving a lot of transactions in limbo. Transaction fees rise steeply as some people get apprehensive about Bitcoin’s doom. After the initial shock, Bitcoin recovers rapidly following a spate of exciting developments — the launch of Bitcoin transfer feature by major payments platform Square and the first ever successful cross Blockchain transfer of cryptoasset, carried out between Bitcoin and Litecoin, called an Atomic swap. Following Bitcoin’s rise beyond $10,000, press and media outlets worldwide go agog over Bitcoin. Coverage grows exponentially as TV shows invite experts to discuss Bitcoin and Bitcoin finds a prominent place in business news. Momentum builds up as waves of new investors foray into Bitcoin. Two more exchanges (CBOE and Cantor exchange) announce plans to launch Bitcoin futures. Market cap exceeds $150 billion. ### December (All time high — $20,000) Bitcoin leaps and bounds as price almost doubles in less than ten days. With Bitcoin hovering around $17,000 after an average gain of $1000 every other day, the community is abuzz with excitement and anticipation of a $20k breach — and it happens, but only momentarily. Chicago Board Options Exchange (CBOE) launches Bitcoin futures trading on 10th December. Some commodity fund managers are observing that the slump in Gold investments and Gold indexed funds has occurred in conjunction with Bitcoin’s price rise, suggesting that Gold investors are moving to Bitcoin. Lightning network, an instant and low fee payments platform proposed to be built atop the Bitcoin Blockchain is nearing completion after trial tests return encouraging results. Bitcoin ultimately dips by end of the year and ends at $12650 on 31st December — while that’s about 30% lower than its peak, it’s still a staggering 12x return. Some predict that the technology underpinning Bitcoin, the Blockchain, would eventually be adopted by countries in the creation of state backed cryptoassets and that Bitcoin itself would lose value. Though the future is unclear with developments occurring at a frenetic pace, it can’t be denied that Bitcoin has truly dominated 2017 ‘as the best financial asset and as a larger cultural phenomenon’. ### Also Read: **Categories:** Blog --- ### [How crypto assets are the true enablers of globalisation](https://blog.unocoin.com/how-crypto-assets-are-the-true-enablers-of-globalisation/) **Published:** February 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*9nxTqMrLCbuaFiYKkbqR2A.jpeg)How cryptoassets are the true enablers of globalisation?The evolution of cryptoassets has been fascinating. Within a span of only five years, hundreds of cryptoassets have emerged from the Internet following the release of the original Bitcoin protocol. Cryptoassets are still affecting the world economy, even if they do not become a medium of exchange that everyone uses or understands. Here are a few factors that have enabled cryptoassets to help accelerate globalisation: ### Here are a few factors that have enabled cryptoassets to help accelerate globalisation: #### **1. Payments across the globe without paperwork** The zone with the biggest potential for the digital assets lies with international remittances: money sent home by workers living abroad. This money had to be handled by several intermediaries: banks, wire services, and asset exchanges and each one took their cut. A recent [**report by *Businessweek***](http://www.businessweek.com/articles/2013-10-08/will-migrant-workers-drive-bitcoins-mundane-future) showed that the average fee for remittances was 9% of the money transferred, with conversion to cash often costing an extra 5%. Migrant workers (or businesses operating on their behalf) now use these services to cut down on the transaction costs and transfer money without the hassle of extensive paperwork etc. While this was one major aspect of money transfer, another lies with the unbanked: ***“The majority of the planet don’t even own a bank account,” Bitcoin enthusiast Jonathan Mohan*** [***tells PBS Newshour***](http://www.pbs.org/newshour/bb/business/july-dec13/bitcoin_10-04.html)***. “We sometimes forget that there are many countries where you can’t take a credit card payment. Those countries become isolated from the rest of the Internet economy.”*** Also, it is possible to make an international payment using cryptoassets with no risk of credit card fraud. #### 2. Near instant transfers Today, every international transaction involves a use of one form or another of virtual currency or credit. Digital currencies are making transactions more secure and more immediate, that can unlock value for everyone, including some of the companies that currently benefit from the high barrier of entry to traditional banking. Transaction and exchange fees, taxes, and payment delays exist to provide short-term credit, guard against counterfeit, excessive withdrawals and other kinds of fraud, and to extract income. Cryptoassets are designed to provide the same security guarantees and convenience of credit, while foregoing its extra processing times and fees. The best part is that settlement can be made immediately, just as the case with cash. Unlike a credit card exchange, where your credit card number and security information are handed over completely for any transaction, a transfer is authorized only to pay a specific amount. In principle, the decentralised nature of cryptoassets make them more stable than traditional assets. However, the value of these assets is also subject to fluctuations over a period of time. There are several services like Bitpay that also convert digital assets into various local assets as required. These companies generally do not charge a fee per transaction but rather a nominal monthly fee. ![](https://cdn-images-1.medium.com/max/800/0*fiTfwOsLVNOoEu8Z.)#### 3. Decentralized value of cryptoassets The fact that cryptoassets are decentralized is of great interest to all the users. But more so, for the countries whose local currencies are not doing so well. Since the value of these currencies is not unaffected by the local governance, it provides an opportunity for the people to have a stable currency which is at par across the globe. (Though, there are small differences in prices of cryptoassets in different countries.) The people of different nations are able to make trade on a fair basis and the value of a product is not lost in currency conversion. With governments’ financial and credit troubles in turn causing major problems for their currencies, global investors are looking for something firmer than the promise of a central bank. #### 4. Accounting for a larger population A research paper published by the Institute for Liberty and Democracy (ILD), has ascertained that over 5 billion people — out of 7.3 billion around the world — are not documented in national ledgers. Their assets are not recorded in a way that is easy to compare, measure or mix on an international scale. Instead, their entrepreneurial talents and legal rights to assets are recorded in hundreds of scattered records and rules systems throughout their countries, making them internationally inaccessible. This created a lack of consolidated, documented knowledge — and not trade — which is the principal reason for global inequality. The lawyers and politicians who draft and enact the legislation and regulations that govern globalization are disconnected from those who are supposed to implement the policies at the local level, and those who actually write up and control the ledgers. In other words, the legal chain is missing a few crucial links. What the digital assets essentially provide for is creating these broken links by their medium of a universal ledger that records every transaction that is carried out. ### Also Read: **Categories:** Blog --- ### [How cryptoassets are the true enablers of globalisation](https://blog.unocoin.com/how-cryptoassets-are-the-true-enablers-of-globalisation/) **Published:** February 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*9nxTqMrLCbuaFiYKkbqR2A.jpeg)How cryptoassets are the true enablers of globalisationThe evolution of cryptoassets has been fascinating. Within a span of only five years, hundreds of cryptoassets have emerged from the Internet following the release of the original Bitcoin protocol. Cryptoassets are still affecting the world economy, even if they do not become a medium of exchange that everyone uses or understands. Here are a few factors that have enabled cryptoassets to help accelerate globalisation: ### Here are a few factors that have enabled cryptoassets to help accelerate globalisation: 1. **Payments across the globe without paperwork** The zone with the biggest potential for the digital assets lies with international remittances: money sent home by workers living abroad. This money had to be handled by several intermediaries: banks, wire services, and asset exchanges and each one took their cut. A recent [**report by *Businessweek***](http://www.businessweek.com/articles/2013-10-08/will-migrant-workers-drive-bitcoins-mundane-future) showed that the average fee for remittances was 9% of the money transferred, with conversion to cash often costing an extra 5%. Migrant workers (or businesses operating on their behalf) now use these services to cut down on the transaction costs and transfer money without the hassle of extensive paperwork etc. While this was one major aspect of money transfer, another lies with the unbanked: ***“The majority of the planet don’t even own a bank account,” Bitcoin enthusiast Jonathan Mohan*** [***tells PBS Newshour***](http://www.pbs.org/newshour/bb/business/july-dec13/bitcoin_10-04.html)***. “We sometimes forget that there are many countries where you can’t take a credit card payment. Those countries become isolated from the rest of the Internet economy.”*** Also, it is possible to make an international payment using cryptoassets with no risk of credit card fraud. ### 2. Near instant transfers Today, every international transaction involves a use of one form or another of virtual currency or credit. Digital currencies are making transactions more secure and more immediate, that can unlock value for everyone, including some of the companies that currently benefit from the high barrier of entry to traditional banking. Transaction and exchange fees, taxes, and payment delays exist to provide short-term credit, guard against counterfeit, excessive withdrawals and other kinds of fraud, and to extract income. Cryptoassets are designed to provide the same security guarantees and convenience of credit, while foregoing its extra processing times and fees. The best part is that settlement can be made immediately, just as the case with cash. Unlike a credit card exchange, where your credit card number and security information are handed over completely for any transaction, a transfer is authorized only to pay a specific amount. In principle, the decentralised nature of cryptoassets make them more stable than traditional assets. However, the value of these assets is also subject to fluctuations over a period of time. There are several services like Bitpay that also convert digital assets into various local assets as required. These companies generally do not charge a fee per transaction but rather a nominal monthly fee. ![](https://cdn-images-1.medium.com/max/800/0*fiTfwOsLVNOoEu8Z.)### 3. Decentralized value of cryptoassets The fact that cryptoassets are decentralized is of great interest to all the users. But more so, for the countries whose local currencies are not doing so well. Since the value of these currencies is not unaffected by the local governance, it provides an opportunity for the people to have a stable currency which is at par across the globe. (Though, there are small differences in prices of cryptoassets in different countries.) The people of different nations are able to make trade on a fair basis and the value of a product is not lost in currency conversion. With governments’ financial and credit troubles in turn causing major problems for their currencies, global investors are looking for something firmer than the promise of a central bank. ### 4. Accounting for a larger population A research paper published by the Institute for Liberty and Democracy (ILD), has ascertained that over 5 billion people — out of 7.3 billion around the world — are not documented in national ledgers. Their assets are not recorded in a way that is easy to compare, measure or mix on an international scale. Instead, their entrepreneurial talents and legal rights to assets are recorded in hundreds of scattered records and rules systems throughout their countries, making them internationally inaccessible. This created a lack of consolidated, documented knowledge — and not trade — which is the principal reason for global inequality. The lawyers and politicians who draft and enact the legislation and regulations that govern globalization are disconnected from those who are supposed to implement the policies at the local level, and those who actually write up and control the ledgers. In other words, the legal chain is missing a few crucial links. What the digital assets essentially provide for is creating these broken links by their medium of a universal ledger that records every transaction that is carried out. ### Also Read: **Categories:** Blog --- ### [What challenges will Bitcoin have to overcome?](https://blog.unocoin.com/what-challenges-will-bitcoin-have-to-overcome/) **Published:** February 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*sErJy6_Fkm-Mu-UAwL1hyQ.jpeg)What challenges will Bitcoin have to overcome?There is no doubt that Bitcoin is one of the most welcomed crypto assets by enthusiasts and new users alike. The value of Bitcoin too has risen exponentially pleasing the likes of all investors. However, there are a few challenges that affect its current users and those that Bitcoin is yet to overcome: ### **1. Slow transactions** Bitcoin is facing a major challenge as the time taken to process transactions has increased dramatically. This has caused businesses to stop accepting the crypto asset. The problem of slow transactions has been looming around for quite some time. The challenge lies in how transactions are processed on the blockchain — the decentralized, distributed ledger technology that underpins bitcoin. The average time taken for a bitcoin transaction to be verified is about 43 minutes, while some transactions could also remain unverified forever. The reason behind this issue is that [a bitcoin transaction costs fees](https://blog.unocoin.com/bitcoin-fees-explained-f4aa6e5470a1), which means those offering a higher fee get verified first. This creates a queue in the list of transactions, and those who don’t pay a fee or didn’t pay a sufficiently big fee are often kept waiting for hours and sometimes even days for a transaction to complete. When someone uses bitcoins to pay for an item in a shop, that transaction needs to be verified on the blockchain. This is done by what are known as miners — individuals or groups who use massive computing power to solve increasingly complex mathematical equations to mine new bitcoins. **Bitcoins come in “blocks” and are mined about every 10 minutes.** The result of the slowdown in transaction clearance rates has led some businesses to give up on bitcoin completely while others are recommending users to switch from Bitcoin to alternative crypto assets like Litecoin. ### 2. Expensive transactions The transactions are subject to a transaction fee which also creates a queue of pending transactions. The order of implementation depends on the highest amount that is paid as transaction fee. Therefore, for a person who wants to send money across immediately will have to pay an exorbitant transaction fee which will in turn make his transaction unnecessarily expensive. Due to this problem, people are seeking fast and cheap alternatives to Bitcoin to free themselves of slow and expensive transactions. ### 3. Poor mobile platform support Despite having a huge market presence, it is shocking to see tech-giants like Apple and Google still do not support Bitcoin on their mobile platforms. Recently, Apple had decided to ban bitcoin wallets on the App Store. Furthermore, Google too does not allow in-app payments with bitcoin. Although this has not deterred some developers from creating mobile applications for Bitcoin, it sure is harming the ecosystem. These larger technology companies do not want to have any dealings with Bitcoin. So they emulate what restrictive governments do and use their power as leaders in the tech-space to regulate the use of Bitcoin at least within their platform. ![](https://cdn-images-1.medium.com/max/800/0*dpLHWagzb5hy0Ed2.)Image *Source:* [*GigaOm*](https://gigaom2.files.wordpress.com/2013/11/screen-shot-2013-11-11-at-11-03-42-am.png?w=708)Bitcoin is an excellent as a method of remote payment. It is also a competitive credit card alternative — especially in remote transactions with mobile or wearable devices. And this is a much better way to receive and send payments instead of using of QR codes. Bluetooth Low Energy, Near Field Communication (NFC) or some other wireless technology has changed the way people make payments. However, with billions of dollars relying on the outcome, the major players in the technology industry will do their best to restrict innovations that they have no control over. For better growth, it is very important that Bitcoin is able to overcome this challenge to become a mainstream method of payment. ### 4. Privacy Lack of privacy on public blockchain is a major challenge faced by Bitcoin which could make people want to switch to other crypto assets. An issue is the common myth that Bitcoin is a private system, which is not the case in reality. [Bitcoin is more anonymous than private](https://blog.unocoin.com/how-private-is-bitcoin-cc55734b3d7a). A Bitcoin transaction is not encrypted. It’s hashed. Every transaction that takes place is available for public scrutiny and analysis. Instead of being an advantage, this point has been used against the asset. It is being considered as a major privacy concern associated with conducting transactions using Bitcoin. Projects like DarkWallet (now, renamed as Dash wallet) have recognized this issue with Bitcoin and are addressing it to their advantage. ### 5. Scalability Scalability is another challenge for Bitcoin. It is potentially keeping this crypto asset out of the hands of potentially a larger user base. The problem of scalability arises due to Bitcoin’s nature of essentially having a limit on the number of transactions that can occur within a certain time frame. This limit is placed in order to prevent the blockchain size from spiralling out of control. As of now, the network has never hit this limit, but it will happen eventually if Bitcoin becomes a mainstream form of payment. Mike Hearn, a former Google engineer who now works on a variety of Bitcoin-related projects [thinks it could take more than ten years to fix Bitcoin’s scalability problem.](https://99bitcoins.com/5-challenges-facing-bitcoin/) With due research and development, Bitcoin could surely overcome these challenges to retain and thrive in its position as one of the best crypto assets in the market. Despite all of these challenges, it continues to rally and [see global adoption](https://blog.unocoin.com/bitcoin-is-saving-economies-4c0eaad6d168?source=collection_home---6------4----------------). ### Also Read: **Categories:** Blog --- ### [Nearly 4 Million Bitcoins lost forever](https://blog.unocoin.com/nearly-4-million-bitcoins-lost-forever/) **Published:** February 20, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*1gOsyLySn9EuJAAxsNQfKQ.jpeg)Nearly 4 Million Bitcoins lost foreverAccording to Chainalysis, a digital Forensic firm that specializes in blockchain technology, close to 4 million Bitcoins with a valuation of over 30 billion, have been lost forever. They’re inaccessible and outside circulation. How does that happen though? Currently, there are 21 million bitcoins which can be mined in total, however, the actual amount that can be traded is actually a lot lower. Chainalysis’ estimates say that almost 17% to 23% of the existing bitcoins are irretrievable. With the price of a bitcoin crossing 14.5k dollars, a lot of money is lost. ### How are bitcoins lost? Aa detailed empirical analysis of the blockchain, where all the transactions have been recorded, along with statistical sampling, has helped find an estimated figure of the number of Bitcoins lost. An important clue is uncovered when there is a fork in the blockchain. Such events can lead to the owners of wallets that have been inactive for years to conduct a transaction, providing an opportunity for statistical analysis. A detailed study can also help know who owns the currency and how it moves around. ### Out of Circulation Most of the lost Bitcoins fall under the ‘out of circulation’ category, which includes the coins mined in its initial founding days when they didn’t exactly carry much importance or worth. Campbell Simpson is one such man who couldn’t foresee the importance of this cryptoasset and now wishes he hadn’t [thrown away the hard disk](http://www.dailymail.co.uk/news/article-4543488/Man-throws-Bitcoin-hard-drive-worth-4-8billion.html) containing the keys to several bitcoins. Only 4 percent of Bitcoins used for strategic investments and buying/selling have been lost, while none of the coins mined this year have disappeared. ### Original Coins The second-largest number of lost Bitcoins is in the ‘Original Coins’ category. ![](https://cdn-images-1.medium.com/max/800/0*bs2hMs418bpE4y1C.)(Image source: [Chainalysis](https://www.chainalysis.com/))These belong to [Bitcoin’s creator Satoshi Nakamoto](https://blog.unocoin.com/the-man-behind-bitcoin-satoshi-nakamoto-66016e98056). Wallets associated with the supposed inventor, who hasn’t been heard from since 2011, represent 1 million Bitcoins. This translates to a value of anywhere between $15–20 billion, or more, depending on what the value of bitcoin is while you’re reading this. It is safe to assume that these coins are lost. It’s also worth noting that the findings do make assumptions about some coins being gone forever, hence the inclusion of a low estimate. The estimate on the remaining bitcoins is based on scraping the Internet for reports of lost coins. It added that the estimate of such losses, which can arise from a misdirected transaction or the loss of a private key through the death or carelessness of a person. It is not based on statistical extrapolation and will be refined further in coming years. ### Is this going to go on forever? While we are aware, going by current trends, that a huge number of bitcoins will be lost in the future as well, the rate at which the bitcoins will become obsolete or disappear, will decrease. Now that the worth and valuation of the Bitcoin has increased, people will be a lot more careful regarding it. Meanwhile, Bitcoins are also much lesser in number than people actually assume. It is difficult to determine if this is true because it is a highly speculative field. Market cap calculations do not take any lost bitcoins into consideration. However, the exchange behaviour shows how well the market has adapted to supply and demand. ### Also Read: **Categories:** Blog --- ### [Coins Beyond Bitcoins to trade at Unocoin](https://blog.unocoin.com/coins-beyond-bitcoins-to-trade-at-unocoin/) **Published:** February 22, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*_1aQ5kkM7rT8sngnKTdMWQ.jpeg)Coins Beyond Bitcoins to trade at UnocoinEver since it was introduced to the world in 2008 by Satoshi Nakamoto, Bitcoin popularity has been on a one-way trajectory. Following it, many more cryptoassets naturally emerged, serving different needs. Dogecoin was introduced in 2013 for the sole purpose of mocking bitcoin, but to everyone’s surprise, even its prices soared — giving it some serious market capitalisation value. After Bitcoin’s price skyrocketed, people naturally started looking for the ‘next bitcoin’ in other cryptoassets. Let’s have a look at these ‘next bitcoins’ which you could buy directly with the help of Unocoin. #### Bitcoin Cash (BCH) When SegWit (Bitcoin Improvement Proposal 91) was activated in July 2017, many people were not supportive. This faction felt that its adoption without an increase in Bitcoin’s block size would negatively impact bitcoin’s worldwide adoption of daily transactions. A lack of agreement led to this faction launching Bitcoin Cash with an increased block size of 8 MB instead of Bitcoin’s 1 MB. - Bitcoin Cash’s objective was to facilitate an increasing number of transactions — something the original Bitcoin had been struggling with. - Bitcoin Cash was a hard fork from the original Bitcoin blockchain — which means transactions of the original ledger were copied (until block 478558) before branching off into a separate blockchain. - Since Bitcoin Cash is a hard fork, it works on the same peer-to-peer electronic network, without SegWit. Of course, there are some modifications as well. Bitcoin Cash opened with a value of $250 per coin in August 2017. The very next day, it had reached a value of $661. After SegWit 2X was introduced, the price shot to $2500 in November. Currently, it is priced at $1300 per coin. #### Ethereum (ETH) People often mistakenly associate blockchain tech with only Bitcoin. The truth is that Bitcoin is one of the thousands of applications of the blockchain. - Ethereum which was created by Russian computer scientist Vitalik Buterin, and was launched in 2014. It’s token (the currency required to conduct transactions on its blockchain) is called Ether. - Ethereum is seen as a solid competitor to Bitcoin and as the next big cryptoasset by many. Its smart contracts feature gives it an edge over Bitcoin, allowing people to build self-executing applications on the blockchain. Currently, there is no hard cap on total number of Ether that can be mined. - Bitcoin and Ethereum differ in their functioning and capability. While Bitcoin makes use of blockchain by running a peer-to-peer cashless electronic transaction system, Ethereum is capable of running smart contracts (decentralized applications). Ether entered the market with a price of around $0.3–0.4 during its pre-sale in 2014. In 2017, Ether witnessed a huge rise of 10,000%! Its highest price was seen on January 8, 2018 — $1,321. While it has seen a dip post this, Ether’s overall performance in the cryptoasset market shows that it is one of the most desirable cryptoassets. #### Ripple Ripple is a payment protocol developed by Jed McCaleb, released in 2012 by the company Ripple Labs. Ripple is a real-time gross settlement system and a currency exchange system. While it is promoted as a cryptoasset, judging it by the way it works and was developed, it does have some differences with other cryptoassets. It has the characteristics of a centralized system working in a decentralized environment. - When it was launched, all of its 100 billion XRP tokens were launched at once, which is its maximum limit. This leaves no scope for mining like with other coins such as Bitcoins and Ethereum. - Another feature of Ripple that makes it different is that it is backed by many major banking institutions like American Express, Westpac etc. - Around 60 billion tokens of the cryptoasset are owned by Ripple Labs itself. The transaction capacity of Ripple is much higher, supporting 1500 transactions per second which are far higher than Bitcoin and Ethereum. Ripple had seen a surge in January 2018, reaching its record high level of $3 per token. It remains on the list of top 5 cryptoassets of the world because of its high market capitalisation. #### Litecoin Yet another decentralized cryptoasset inspired by Bitcoin, Litecoin too works on the principle of a peer-to-peer electronic transaction network. Charlie Lee, a former Google employee is the inventor. Lee released the Litecoin code on GitHub in 2011. Just like Bitcoin, Litecoin is not managed by any central authority and is an open source cryptoasset. Litecoin differs from Bitcoin in the following aspects: - Bitcoin adds a new block to its blockchain every 10 minutes, whereas Litecoin does the same task in just 2.5 minutes. Transaction time is, therefore, faster than that of Bitcoin. - Litecoin uses scrypt as its hashing algorithm, which is easier to execute for miners. Bitcoin uses SHA-256, which is more energy intensive. Litecoin saw huge growth in 2017. It began with a price of $4.40 per token at the beginning of 2017 and reached a record high $360.93 per token on 18 December 2017. #### Bitcoin Gold Bitcoin Gold was another hard fork from Bitcoin, after its community decided to act on making Bitcoin ‘truly decentralised’ again — by implemented a new algorithm that would allow people to mine the coins using GPUs, instead of the expensive ASIC (Application Specific Integrated Circuit) machines that are now required to feasibly mine Bitcoin. - It was launched on 24 October 2017 and is now traded on nearly all major exchanges of the world. - Launched at a price of $524, it now trades within a range of $120–150. ### Which one will you pick? Bitcoin is clearly responsible for helping the cryptoasset market go mainstream. Now as the market matures, the masses are keeping an eye on the next coin that will show Bitcoin-like returns. If you’re in that camp, these 5 coins may be ones you want to look at! ### Also Read: **Categories:** Blog --- ### [What is Bitcoin’s Lightning Network?](https://blog.unocoin.com/what-is-bitcoins-lightning-network/) **Published:** February 24, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*IuWJGrkXNxjlXGf5pZJMfQ.jpeg)What is Bitcoin’s Lightning Network?Bitcoin has become the most talked about asset last year after a stellar performance, with major press outlets across the world reporting on developments in the crypto asset domain now. Feted as a step forward in the evolution of money, Bitcoin has drawn attention from mainstream financial institutions and the masses right now, as people eagerly await the outcome of this revolutionary experiment and novel technology. Though Bitcoin serves well as a store of value that’s immune to manipulation/tampering, it performs poorly as a transaction medium with high transaction fees. This precludes Bitcoin as a choice for small-time savers and people from countries like India where the dollar to the local currency exchange rate is very high. This has resulted in some crypto asset enthusiasts breaking away from Bitcoin and creating new variants with lower transaction fees, albeit at the cost of security. Many novel solutions have been proposed to resolve the issue of high transaction costs. **One such proposition called the Lightning network has gained much traction recently.** It is set to launch soon amidst high expectations from the Bitcoin community. This proposal envisions the development of an add-on layer to the primary Bitcoin network, thus avoiding congestion on the primary network and resultant high fees. Besides, transactions are instantaneous. Before more on the lightning network, here’s a quick refresher on some Bitcoin-related terms you must know (skip this if you’re familiar already) - **Blockchain** — Bitcoin’s ledger. The Blockchain is a public record and can be stored by anyone. - **On-chain** — With regard to cryptoassets, any transaction recorded on the Blockchain is called an on-chain transaction. - **Bitcoin wallet** — A software application in which you can view your Bitcoin holdings and send or receive Bitcoins. - **Bitcoin wallet address** — Your wallet address is equivalent to your bank account number. Bitcoins are sent to this address. - **Private key** — Password to your Bitcoins held against a particular wallet address. Like bank accounts, each wallet address has its own unique private key. Now you’re all set to learn everything you need to know about the Lightning network! ### Off-chain solution The Lightning Network is an off chain payment channel created between two people. An off chain payment channel means **transactions are not recorded on the Blockchain until the payment channel is finally closed.** Both people involved send some amount of Bitcoins to a common wallet address. This creates a channel between them and the lightning network is said to be created. Though this initial transaction is recorded on the Blockchain, once the coins are deposited in the common wallet address, the two users can transact between themselves locally off the Blockchain. - For example, if Alice and Bob each deposit 0.01 BTC each into the common address, they can then settle payments between themselves any number of times and for any duration until they want to close the channel again. - If Alice owes Bob a final sum of 0.001 BTC after all the transactions and they want to close the channel, Bob gets to withdraw 0.011 BTC and Alice withdraws 0.009 BTC. - **Only transactions on the Blockchain come with a high transaction fee.** Thus, Alice and Bob would have to pay an **on chain transaction fee only on opening and closing the Lightning network payment channel.** - Every transaction made through the payment channel costs much less than on-chain fees and takes place in an instant. Further, as many people create Lightning networks between each other, you can send Bitcoins to even distant people you’ve never created a direct payment channel with, by sending through multiple Lightning networks in an instant. - For example, if there are three Bitcoin users Alice, Bob and Eve and Bob has an open Lightning network with both Alice and Eve while the other two don’t have a Lightning network between themselves, they can pay each other through Bob’s **common channel.** - For instance, if Alice wants to pay Eve, she can send some Bitcoins to Bob through the Lightning channel and Bob can then transfer the equivalent amount of Bitcoins through his Lightning channel with Eve. - Though Bob may demand some payment, it would be much less than transacting on the Blockchain. - Thus, a global network can be built atop the Blockchain that costs much less and can be used to make lightning fast payments. Anti-cheating measures are included in the technology and anyone who tries to steal someone else’s Bitcoin using old transaction records can be detected by any Blockchain storing server (node) and the attempt can be blocked. Thus, Lightning channels are safe, instant and low-cost payment channels. Lightning technology is now in the testing phase, with final touches being made by multiple Blockchain research firms like Blockstream, Lightning labs and ACINQ to make it ready for large-scale commercial use. It’s an exciting time for Bitcoin as cross chain crypto asset transfers called Atomic swaps have already been executed successfully between Bitcoin and Litecoin and the Bitcoin community is all charged up in eager anticipation of the implementation of the next big game changer, the Lightning network. For all we know, the Lightning network might just be the push Bitcoin needs in its quest to be a better alternative to fiat money. --- ### Also Read: **Categories:** Blog --- ### [For bitcoin, the rise from $10k to $20k+ will be easier than $0 to $10k](https://blog.unocoin.com/for-bitcoin-the-rise-from-10k-to-20k-will-be-easier-than-0-to-10k/) **Published:** February 27, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*8jDEKDjAgSfiId7dkZUDMw.jpeg)For bitcoin, the rise from $10k to $20k+ will be easier than $0 to $10kBitcoin has broken through several key price levels last year, surpassing $5,000, $10,000 and even $15,000. Undoubtedly, 2017 has been the year of bitcoin. While $1000 was the milestone everyone was anticipating bitcoin to surpass, it has shocked everyone with reaching as high $18,000. Bitcoin surpassed the $1000 mark in January 2017 and within a year, bitcoin has multiplied its value about ten times. ### The Journey to $20,000 Market analysts have pointed to factors like rising adoption, growing institutional interest and a steadily evolving regulatory framework that has been helping push this digital currency’s price higher. Another factor that has helped bitcoin’s price is the price itself. Any time bitcoin’s exchange rate hits these new milestone highs, the media takes notice, in turn attracting more attention to bitcoin and drawing in more new users. This, of course, pushes up the price even further. While it wasn’t the first time ever that bitcoin traded over $1,000, it had already happened briefly in late 2013 — the new $1,000 milestone was reached on the first days of 2017. The bitcoin markets hit $2,000 for the first time ever in May, followed by $3,000 in June and up to $4,000 in August of 2017, making headlines each time after which the price retracted a bit toward the end of the summer. Needless to say at this point, bitcoin kept breaking records throughout the rest of the year. Finally, led by South Korean exchanges and followed by the rest of the world a day later, bitcoin breached the[ $10,000](https://www.google.com/search?q=bitcoin+%2410000&dcr=0&source=lnms&tbm=nws&sa=X&ved=0ahUKEwiGtvf-kefXAhXIZVAKHUugCDwQ_AUICigB&biw=693&bih=736) mark in the last week of November 2017. For bitcoin to reach from $1000 to $10000 in 10 months may seem too soon but it expected to rise (and stay) above $20000 much sooner. In December itself, the price of bitcoin has been rallying over $10,000. At the moment, the price of bitcoin is juggling between $9000-$10000, trying to gain a stable ground. While the factors enabling the rise and rise of bitcoin have been listed, we will use percentages to see how the rise from $10000 to $20000 will be easier for bitcoin. Every $1000 in price will be easier for bitcoin from now on since every increase will be a smaller percentage increase, owing to a large denominator/base. #### For example, When Bitcoin increased from $2000 to $5000, the overall increase in price, expressed in percentage would be: = (3000\*100)/2000 **=150%** While in the case of increase from $12000 from $15000: =(3000\*100)/12000 **=25%** Of course, in addition, the higher prices do bring about increased confidence as well. Therefore, for bitcoin, a rise from $10000 to $20000 will be far easier than $1 to $10000. In conclusion, bitcoin does have the strongest network of any digital currency, but also the number of people participating in the network is growing exponentially. --- ### Also Read: **Categories:** Blog --- ### [Bitcoin Vs Ethereum: What’s the difference?](https://blog.unocoin.com/bitcoin-vs-ethereum-whats-the-difference/) **Published:** March 1, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*fY1bnL5qwSElmSACEkm03A.jpeg)Bitcoin Vs Ethereum: What’s the difference?While both Bitcoin and Ethereum are based on mutual principles of ledgers and cryptography, the two differ in many technical ways and serve different purposes. It is important to understand the similarities and differences between Bitcoin and Ethereum — both if you’re a trader or an enthusiast. The most obvious difference is the age — with Bitcoin having been introduced as the very first global crypto asset in 2009 and Ethereum showing up only in 2015 as one of its competitors. Ethereum though has some nifty features which are bound to impress you, with some of them being even better than Bitcoin. ### Bitcoin Bitcoin was the first virtual currency to show up nine years back. It was introduced by a mysterious entity known as Satoshi Nakamoto. To be precise and simple, you can call Bitcoin a ‘virtual currency’. It’s not a technology or a company. It’s your money, held in a digital form. Bitcoin offers you lower transaction fees than regular online payment transactions and is administered by a decentralized entity, unlike government-issued currencies. Over the years, acceptance of the concept of virtual currency has increased among government bodies. India has shown a lot of interest in these virtual currencies, particularly in Bitcoins. You can buy Bitcoin in India through websites like Unocoin. The price of Bitcoin tends to fluctuate often depending on supply and demand. You can also purchase other tokens with Bitcoin or Ether, which is Ethereum’s token. ***What are tokens?*** *Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and trade-able, from commodities to loyalty points to even other crypto assets!* ### Ethereum Ethereum (well, Ether actually) is another virtual currency, which according to many experts, has the potential to overtake Bitcoin as the dominant coin in the market. The aspect that makes Ethereum different is its technology. Blockchain technology is now being used to create applications which are beyond just a virtual currency. Such applications are often referred to as Crypto 2.0, Blockchain 2.0 or even Bitcoin 2.0. The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called the “blockchain”, however, Ethereum is far more robust. If Bitcoin was version 1.0, Ethereum is 2.0, allowing decentralized applications to be built on top of it. Ether is used broadly for two main purposes: it is traded as a virtual currency and is used inside Ethereum to run applications and even to monetize work. According to Ethereum, you can use it to code, decentralize, secure and trade almost anything. ### Difference between Bitcoin and Ethereum - **Purpose:** From a general point of view, Bitcoin and Ethereum differ mainly in purpose. While Bitcoin was created as a virtual currency and is thus a medium of transaction and store of value, Ethereum has been developed as a platform which facilitates peer-to-peer contracts and applications. The primary purpose of Ether has always been to facilitate and monetize the working of Ethereum to enable developers to build and run distributed applications. - **Block time:** It takes around 10 minutes to complete a transaction for Bitcoin whereas for Ethereum it takes just about few seconds. The Bitcoin blockchain has a block limit of 1 MB. So the number of transactions that fit into a single block cannot exceed 1 MB. The time it takes to mine, or create a new block on the Bitcoin blockchain is about 10 minutes. This effectively means that the Bitcoin network can handle 3–4 transactions per second which makes it much slower than Ether as the Ethereum blockchain has no limits. - **Value:** Bitcoin is far more recognised than any of its peers, making it easier to buy, store and sell. Bitcoin’s value has been growing steadily, making it the most valuable virtual currency. The number of Bitcoins available is limited and will not be exceeded no matter what. Thanks to supply and demand, this means that Bitcoin should, in theory, grow in value. On the other hand, Ethereum will continue to release the same amount of Ether on a regular basis for a long time, so its supply will remain constant and will keep expanding. - **Transactions:** Bitcoin has always been better at storing value but Ether has become one of the most preferred media for transferring wealth to and from people and entities. In mid-2017, Ether overtook Bitcoin in the number of daily transactions. Both Bitcoin and Ethereum have advantages over each other, which one is right for you much depends on your financial situation and your willingness to invest. If you want to buy a virtual currency with more developer support and stay invested for a longer period of time, Bitcoin is better of the two currencies and if you are willing to make regular transactions to pay for goods or services, or send crypto assets to others, Ethereum is much more manageable. If you plan to put money into bitcoin or Ethereum, start doing your own research first. This is still a young venture and you should be certain before putting your valuable money in any of them. --- ### Also Read: **Categories:** Blog --- ### [All You Wanted To Know About Ethereum](https://blog.unocoin.com/all-you-wanted-to-know-about-ethereum/) **Published:** March 3, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*VjrU9TVJEznpOVnTphIvzA.jpeg)All You Wanted To Know About EthereumEven though you may not have subscribed to Bitcoin pages, your Facebook feed is probably full of Bitcoin stories. You might even be one of those who deeply regrets not buying Bitcoins earlier after knowing about their exponential price rise. But, should you just regret? Or would it be better to shift your focus towards an option that has the potential of providing an interest comparable to Bitcoins? Along with Bitcoin, many more crypto assets have come into the picture. Ethereum is one of them. But what makes Ethereum so different and why should you buy it instead of some other crypto asset? ### What is Ethereum? Ethereum is being perceived as the second biggest crypto asset of 2018, after Bitcoin. With Bitcoin prices skyrocketing, it has become difficult for people to invest in Bitcoins and hence they are looking out for more avenues. Ethereum is a crypto asset similar to Bitcoin, which emerged in early 2014. It was developed by Vitalik Buterin, a Russian computer scientist and has gained huge popularity. The Ethereum project website defines Ethereum as, “a decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.” Smart contracts are applications written in a programming language called Solidity. The platform’s token is known as “Ether” which helps in the working of these apps. ### Ethereum vs Bitcoin Ethereum and Bitcoin are same in the way that they make use of the blockchain technology to function, which makes them highly secure in comparison to normal currencies. Being precise, Ethereum is not just some other crypto asset. It is actually a decentralised platform in which smart contracts (the decentralised applications) are built. Running them makes use of the token Ether. This means that there can be myriad uses of Ethereum apart from treating it as a currency. Here are some technical differences between the two - Both have different transaction times. Ethereum makes use of Ghost Protocol due to which one block time for Ethereum is about 14 seconds whereas block time for Bitcoin is approximately 10 minutes. - It is said that only half of total Ether will be mined by its fifth year of existence. On the other hand, two-thirds of Bitcoin has already been mined. - The method of costing transactions in Ethereum is called Gas and it depends on the transaction’s complexity, storage, and bandwidth usage. In case of Bitcoin, the block size limits the transactions. - Ethereum tends to be more flexible than Bitcoin due to Turing complete internal code. - Bitcoin rewards half after every 4 years. In case of Ether, the reward is constant (5 Ether per block). ### Why Ethereum? So the question here is that why should you invest in Ethereum? Investing in crypto assets is something that is trending currently because of the unimaginable level of profit it is creating for people and for some time it will continue doing so. Maybe years down the road they become obsolete, but that is something that can’t be said. Ethereum is the younger brother of Bitcoin and it is expected to rise to a great height just like Bitcoin did. Plus a major advantage of Ethereum over Bitcoin is the high level of security it provides. The shared blockchain (smart contracts) structure has reduced chances of fraud to a minimum. Many people even believe that the top position being held by Bitcoin is soon going to shift and the crown will sit on Ether’s head. Bitcoin will still remain one of the best crypto asset and will always be a desirable investment option but maybe it stabilises a little in the long run. Here comes Ethereum which is the “next big thing”. The Ethereum Enterprise Alliance involves major companies building applications for the platform. - Smart contracts ease the process of transacting. One doesn’t really need to rely on middlemen for buying desired products. Valuable things can be exchanged with minimal risk since the contract will be recorded in its database. - A microblogging service called Eth-tweet is under construction. It will be a decentralised service in which whatever is posted once cannot be altered or deleted by anyone except the publisher. - In future, it could also be used in elections. There is always a debate on the authenticity of elections. Since this platform is such that it will record all the votes polled and there is an absence of any supervising authority, it automatically becomes a completely authentic option. - There is another project under construction called Etheria — a virtual world game. Players will get to own tiles and will be able to build things and earn blocks by farming them. And of course, Etheria cannot be interfered with by any authority since it will be decentralised. Basically, Ethereum can prove to be a boon in any industry where data needs to be recorded and all these applications will be connected by Ethereum’s token, Ether. As for its token — ether is being seen as a great investment option. Its value has seen a distinct rise in 2017 — nearly 10,000% with much more is expected in 2018. --- ### Also Read: **Categories:** Blog --- ### [Japanese company to pay thousands of its employees in Bitcoin](https://blog.unocoin.com/japanese-company-to-pay-thousands-of-its-employees-in-bitcoin/) **Published:** March 5, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*DfU7MLD4W4XMxgtod1swCA.jpeg)Japanese company to pay thousands of its employees in BitcoinBitcoin has been embraced well by tech-savvy Japan. Japan was one of the first country’s to make Bitcoin a legal entity. Not surprisingly then, crypto asset is rising in popularity in Japan with an increasing number of retailers accepting it as a form of payment. While blockchain companies have been paying their workers in crypto assets for years, but one realizes that the times are truly changing when mainstream companies start paying their workers in bitcoin. [GMO Internet Group](https://www.gmo.jp/en/), a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, is introducing a system for employees to receive part of their salary in Bitcoin. The company with its headquarters in Tokyo comprises of more than 60 entities spread across 10 countries. In view of the group’s size and financial muscle, this initiative is likely to boost the adoption of the practice of paying salaries in crypto assets at a mainstream level. The move is partly motivated by the desire to promote the adoption of Bitcoin, which is a priority for GMO as the group is highly active in bitcoin trading and mining services, as well as mining hardware development. In May 2017, GMO launched a crypto asset exchange, initially dubbed Z.com Coin and later [rebranded as GMO Coin](https://www.gmo.jp/en/news/article/?id=744), which showcases crypto asset FX and allows trading on both computers and smartphones. The exchange offers two types of services: crypto asset FX, which is an over-the-counter (OTC) bitcoin margin trading and crypto asset trading, which enables buying and selling of virtual currency in Japanese Yen in addition to basic features allowing customers to send and receive bitcoins. ![](https://cdn-images-1.medium.com/max/800/0*dntBqKLWdSVYNItP.)Source: In September 2017, GMO also announced the upcoming launch of a new bitcoin mining business. “We will operate a next-generation mining center utilizing renewable energy and cutting-edge semiconductor chips in Northern Europe,” [GMO stated](http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20170907_e.pdf), laying emphasis on investing in R&D and manufacturing of hardware including the next-generation mining chip. GMO expressed its belief that crypto assets would develop into a set of new universal currencies available to anyone from any country or region who wants to freely exchange value — this would help in creating a new **borderless economic zone.** ### Mechanism of Bitcoin salary payments The option to receive part of the salary in bitcoin will initially only be available to employees of one GMO company, GMO Internet Co. Ltd. — starting this March, but it will be gradually extended to more than 4,000 employees in other GMO companies based in Japan. The minimum bitcoin payment will initially be 10,000 yen (~$88) and the upper limit will be 100,000 yen (~$881). Each salary payment in the yen will be reduced by the amount of bitcoin paid, using the exchange rate at the GMO Coin exchange. Mainichi Japan notes that Japan’s labor code stipulates that businesses must pay employees in a recognized currency such as the Yen, but, according to GMO, the move is in accordance with the law because any payments in bitcoin would be consensual, with a chosen amount to be deducted from paychecks and put toward purchasing bitcoin. GMO Internet Group wants to get actively involved in the development of crypto assets in the world by promoting crypto asset-related initiatives throughout the group. In particular, GMO wants to promote ownership of bitcoin among its employees, who in turn, can be the best evangelists for the group’s products and services related to the digital currency. This move would also improve the employees’ exposure to and understanding of Bitcoin. “Employers can now pay employees a portion of their net earnings in bitcoin by collaborating with niche payroll solution providers such as Bitwage, Wagepoint, or Bitpay, who manage the back-end mechanics, eliminate exposure to price volatility, and reduce compliance and governance risks,” [noted](http://deloitte.wsj.com/cio/2014/11/05/an-honest-days-wages-in-bitcoin/) Deloitte principal Eric Piscini. ### Merits of paying salaries in Bitcoin [An ove](http://www.venturecanvas.com/2017/12/13/paying-salaries-in-bitcoin-is-becoming-trendy-venturecanvas/)r[view](http://www.venturecanvas.com/2017/12/13/paying-salaries-in-bitcoin-is-becoming-trendy-venturecanvas/) of crypto asset payroll processors and early adopting clients suggests that offering salaries in bitcoin could make it easier for companies to retain and attract talent. Besides compensating current employees, they could also help businesses more effectively tap into [the open talent economy](http://www2.deloitte.com/global/en/pages/human-capital/articles/open-talent-economy1.html), where individual contributors may be drawn to features that only crypto asset makes possible: fast peer-to-peer payments across country borders with minimal friction (or total freedom) from traditional banking systems,” said Piscini. --- ### **Also Read:** **Categories:** Blog --- ### [Litecoin Explained](https://blog.unocoin.com/litecoin-explained/) **Published:** March 7, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*juo2hq_vw0mMd6alVa3mDA.jpeg)Litecoin ExplainedLitecoin is another crypto asset often named “digital silver”, envisioned as a counterpart to Bitcoin, which is often called “digital gold”. It is ranked among the top altcoins and is increasingly popular with the crypto asset community. Litecoin is attractive for users and investors for its robust trading volume, ease of use. Let’s look at why Litecoin is among the top-ranked digital assets: ### What is Litecoin? Litecoin is an open-source, fully decentralized digital asset. It is attractive to users because it allows instant, near-zero cost payments all over the world. The Litecoin blockchain is an open source, fully decentralized project, developed by volunteers with plans to add full-time programmers to expand and improve the experiences of users and investors. Litecoin is among the top offerings in most online exchanges. Exchanging Litecoin for Bitcoin is easy. Litecoin is liquid i.e.it is also relatively easy to buy and sell Litecoin for cash. The popularity of the coin is so far-reaching that there are Litecoin debit cards available along with Bitcoin debit cards. Litecoin is a suitable way to diversify crypto asset positions and mitigate the risk of fluctuations in other top crypto assets – Ethereum and Dash. Litecoin is a non-inflationary coin. The algorithm would never allow creation of more than 84 million Litecoin, ensuring demand and the ability to store value, just like precious metals. This is Litecoin’s promise to serve as “digital silver”. ### Litecoin History The launch of Litecoin happened as a GitHub release on October 7, 2011. The name behind Litecoin is Charlie Lee, a former Google employee. Lee moved on to work with Coinbase between 2013 and 2017, but in July 2017 moved onward to continue building on Litecoin just as its popularity was rising. The coin’s creator is not anonymous and in the near future will be personally involved with technical guidance on the coins. Lee also coined the concept of “digital silver,” as a counterpart to Bitcoin, which is sometimes called “digital gold”. Litecoin stands for silver because of the lower price, wider availability and better accessibility. ### Litecoin Investment Litecoin turned into an attractive investment position as its price rose from $45 to about $350, earlier in January 2018. Litecoin, like other digital assets, is susceptible to short-term panic or speculative sell-offs. Part of the crypto coin ecosystem includes speculative traders. The volatility of Litecoin is higher than for traditional asset classes. Compared to other altcoins, Litecoin volatility may be lower. The current market capitalization of Litecoin is more than $3.1 billion. Litecoin value stands solidly within the top 5 crypto assets by market capitalization. ### The Future of Litecoin The future of Litecoin is considered stable due to the dedicated technological community and regular updates that increase speed and decrease cost. The Google+ following on the Litecoin project has more than 5,000 followers dedicated to maintaining the stability of the Litecoin network and expanding the Litecoin ecosystem. A newly released Litecoin Roadmap for 2017 cited 14 developers assigned to various tasks to improve the service powers of the Litecoin blockchain. Another area of focus is the release of an improved Android wallet. There has been fundraising and plans to hire full-time developers for the Litecoin Core project as well. Users and investors may also expect the Litecoin Network project, tracking and gathering information about the blockchain to happen in one place. The site would keep a record of development, network economics, mining information and historical data. The most notable innovation for Litecoin would be the possibility for **smart contracts** or conditional payments between parties. Smart contracts would make Litecoin similar in technology to Ethereum. The other priority concern of the team and community around Litecoin is the Lightning Network, a system of fast transactions. #### Litecoin SegWit The SegWit, standing for Segregated Witness, is a technological solution to speed problems. For Litecoin, SegWit was adopted and has been operational since May 2017. SegWit is a soft fork technology that allows Litecoin transactions to move fast enough, even as the Litecoin blockchain grows bigger. The Litecoin Segwit won over the community after some discussion. According to experts, this would open the door for technological innovation and the wider usage of the Lightning network. #### Places that accept Litecoin Litecoin users can spend this asset for an array of IT-related services. Hosting, security, even mining rigs are available for the Litecoin community. Currently, there are still limited offers on consumer goods. Litecoin is also popular with the e-commerce sector and many sites like Overstock.com, AllThingsLuxury, BTCTrip have started accepting Litecoin as a form of payment. People can easily pay for gifts, vacations, household appliances, and even precious metals and gems with their Litecoin. ### Litecoin Blockchain One Litecoin can be subdivided into millicoins (1/100 Litecoin), microcoins (1/100000 Litecoin) or Litoshis, the smallest unit, a ten-millionth part of a Litecoin. The Litecoin blockchain uses a different hashing algorithm from Bitcoin. Litecoin runs on Scrypt, a more complex calculation mode than the SHA-256 used for Bitcoin. Because the network generates new blocks more frequently, for a long time, it supported transactions without the need for software modification. Users and merchants get faster confirmation times. In the coming years, the technology is expected to improve speed and security. ### Litecoin vs Bitcoin #### **Price** It is difficult to ignore the difference in price of the two assets as Litecoin is priced around $325 per LTC, while Bitcoin costs a whooping $16,000 per BTC. However, that shouldn’t make any difference since we can buy any multiple we want of both coins. #### **Mining** The key difference for end-users being the 2.5 minute time to generate a block, as opposed to bitcoin’s 10 minutes. #### **Transaction** The main difference is that litecoin can confirm transactions much faster than bitcoin. The implications of that are as follows: - Litecoin can handle a higher volume of transactions as it has a faster block generation capacity. If bitcoin were to try to match this, it would require significant updates to the code that everyone on the bitcoin network is currently running. - The faster block time of litecoin reduces the risk of double spending attacks — this is theoretical in a situation where both networks have the same hashing power. - A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with bitcoin. - The maximum number of coins is, consequently, four times higher than the maximum number of Bitcoin. Litecoin in its own ways adds value to the world of crypto assets with a market cap of more than $3.1 billion of the total market. It would be interesting to further observe the change in prices as an altcoin as this asset sees widespread adoption. ### Also Read: **Categories:** Blog --- ### [Is Bitcoin a great gift idea?](https://blog.unocoin.com/is-bitcoin-a-great-gift-idea/) **Published:** March 9, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*QWbGGiSRk1mm7TiZnf5U4A.jpeg)Is Bitcoin a great gift idea?Bitcoins have taken the world by a storm, due to an increase in their accessibility and availability. These numbers distributes in ledgers in a Blockchain, which are proving to be a revolution in the crypto asset world, have been founded by an anonymous group of users, known as Satoshi Nakamoto. It is not regulated, monitored, or issued by a central government authority, and doesn’t exist on paper, just digitally. Its anonymity made it popular for carrying out illegal activities on the internet, but due to its acceptance among retailers and financial hedge funds, it is becoming more desirable due to the many characteristics that make it stand out. ### Why Bitcoin? Bitcoin is proving to be a very profitable investment, as its price has soared [from less than $1 in July 2010](https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp), to more than [$16,400](https://www.coindesk.com/price/) as of 7th January 2018. Bitcoins can be ‘mined’ online, which serves a dual purpose: it creates new bitcoins to aid the money supply, and also secures and verifies the entire blockchain, which can be summed up as a public ledger of every transaction. This can also serve to confirm and validate non-Bitcoin transactions, and enables the application of decentralized public ledgers for purposes other than digital currencies. For example, if a company wants to go public, which is an extremely expensive process, they can issue shares directly via the blockchain, which can be bought or sold on a secondary market. So the technology behind Bitcoin itself improves the functionality and applicability of this cryptoasset. The limited supply also contributes to the surging price of the Bitcoin. Like gold, Bitcoin is mined digitally, and hence, has a limited and finite supply. In fact, only 21 million Bitcoins can be mined, in total. This is one of the biggest reasons why this cryptoasset is getting more expensive by the second, and currently the total number of mined [Bitcoins has crossed the 16 million mark.](https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/16-million-mined-5-million-remaining-approaching-bitcoin-threshold-fuel-crypto-frenzy/articleshow/61962216.cms) Perhaps one of the most significant reasons why Bitcoins are on the rise, is due to its extended availability and reach. New users are testing the limits of a system, which for almost a decade, have gone untested due to various inhibitions associated with it. One of the biggest reasons why more and more people are investing in Bitcoins is due to improved security and anonymity. Hence, these factors make Bitcoin an interesting and desirable gifting idea for people eager to invest in digital currencies and who wish to know more about them. It can also be used to introduce the concept of cryptoassets to others, hence fuelling the fire of this online revolution and changing the way we look at digital currencies. ### How to Gift a Bitcoin? Gifting someone a Bitcoin is an imperfect midpoint between gifting a savings bond, and a lottery ticket, [according to Dave Gershgorn](https://qz.com/1153018/how-to-give-the-gift-of-bitcoin-btc-this-holiday-season/). This is because like a savings bond, it has intrinsic value that you pass on to the recipient, but like a scratch off, it could be worth much more in the future than you initially paid for it. To buy a Bitcoin, one has to set up a digital wallet to store them and then link it to the place from where you will buy them. Unocoin is one of the most popular applications for buying Bitcoins, where you can create an account and link it to your bank, and can also be used to sell coins, with a transaction fees. After buying the Bitcoin, you can send it to the recipient in a variety of ways. Unocoin supports sending BTC to an email address from their ‘Send BTC’ tab. Also, their web platform allows you to generate paper wallets which can be funded with specific BTC amount for gifting. It is best to gift BTC through a ‘Paper Wallet’ which contains public and private keys to the transaction corresponding on the blockchain. Another rather expensive way of gifting a Bitcoin in a more grand way is through a ‘Hardware Wallet’ which is a tiny computer that looks like a USB drive, designed solely for the purpose of storing Bitcoins. ### **Is it too risky?** Virtual wallets are almost always subjected to hacking and theft. If the recipient is not careful enough, the key to these Bitcoins may be stolen, along with the Bitcoin. Hence, it is an extremely meticulous and discreet process, and must be carried out with the utmost consideration. Another risk factor is its fluctuating price. The value of Bitcoins vary overtime, and many fear that in the coming years it could drop down to where it initially started. The disappointment and frustration due to this loss will probably turn your gift into a nightmarish experience, which you wish you had not made. Hence, keeping these risk factors in mind, and depending on your budget, gifting Bitcoins is an unconventional and creative idea, that might turn out to be very fruitful in the future. ### Also Read: **Categories:** Blog --- ### [Why is India a fertile ground for Bitcoin growth?](https://blog.unocoin.com/why-is-india-a-fertile-ground-for-bitcoin-growth/) **Published:** March 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*prpBkqnZnLPNVifIgcyXsA.jpeg)Why is India a fertile ground for Bitcoin growth?India has typically been a frontrunner when it comes to new technology adoption, and blockchain tech has been no different. From mining and investing in the bitcoins, to proposing to legalize the same (along with other cryptoassets), Indian public has been engaging itself in the cryptoasset market for some time now. The extraordinary rise in the value of Bitcoins in the recent past, has created ripples in the Indian investment market.. - In June 2017, **India accounted for more than 11 per cent of the global cryptoasset trade.** - These numbers are significant because currently less than 0.5 percent of India’s total population is involved in trading cryptoassets. This trend is a clear indication of the growing consumer interest toward Bitcoins as a lucrative investment proposition. And with the ever increasing user-base, it might not be long before we witness the government moving towards regulating blockchain tech and cryptoasset trade in India. ### The Government’s primary concern with Cryptoasset The Indian Government’s first and foremost problem with Cryptoassets/Bitcoins is that such a system causes it to lose control over the monetary supply, and consequently the economy. Cryptoassets are generated by a process of *mining* i.e., by solving complex mathematical problems. But there is a limit to such currency-mining, making a cryptoasset a finite resource. For bitcoins, that limit is 21 million. Therefore, the state loses the control over its ability to inflate or deflate its economy by printing more currency. So switching to a cryptoasset based economy isn’t a very attractive option for the Government. By being used as a trading commodity or a secondary currency, they can be allowed to exist in the system. The Government may still have apprehensions of them being used as a tool for money laundering. But such fears are overblown and poorly understood. - For starters, those who want to buy bitcoins in India have to do so on exchanges. - All these platforms have strict KYC frameworks in place, similar to the ones followed by mainstream banks. - In order to buy Bitcoin, the user will have to first deposit the funds into his/her account on these exchanges through internet banking channels. - Even if some exchanges did decide to allow people to buy bitcoins using cash, it will require the purchasers to provide them with their KYC and PAN credentials. If someone did manage to purchase Bitcoins by avoiding exchange and buying directly from another Bitcoin holder using his/her black money, there are limited ways in which one can spend it, because only few merchants will accept bitcoin as a currency of exchange without being able to identify the source. This leaves Bitcoin holders with only one option — to sell on regular exchanges and receive money into their Indian bank accounts which is accountable for taxes, or to sell it to someone else for cash informally, in which case they anyway create a bitcoin wallet and perform a bitcoin transfer which is recorded and can be tracked by government. ### India in 2018 with cryptoassets Bitcoins and other cryptoassets are either illegal nor legal in India, they are simply unregulated. Recently the World Economic Forum reported that the number of digital transactions in India has increased following demonetisation. Blockchain tech, upon which the cryptoassets are based on, operates as a public ledger which can be used to track all the bitcoin transactions taking place. Adopting and regulating blockchain tech and cryptoassets will further equip the government with better financial surveillance. Cryptoasset startups in India have joined hands to form [Digital Asset and Blockchain Foundation of India](http://www.moneycontrol.com/news/business/companies/bitcoin-players-join-hands-to-regulate-indian-cryptocurrency-mkt-1034917.html) (DABFI), to promote the virtual currency industry. If the Government and DABFI choose to work out a proper compliance framework and documentation requirements for customers, cryptoassets will see an even great potential in Indian market. The government is strongly considering the possibility of regulating cryptoassets. Though this seems challenging, it holds a great promise for the future. The idea is to treat such asset in a manner similar to gold sold digitally, so that it can be traded on registered exchanges in a bid to “promote” a formal tax base, while keeping a tab on their use for illegal activities such as money laundering, terror funding and drug trafficking. But cryptoassets are not just a Pandora’s Box. They hold a great deal of promise for the market itself. Some of the benefits of mainstreaming cryptoassets are as follows: 1. **Financial Inclusion:** Due to a considerable segment of the Indian economy remaining informal, there’s still a large part of the population that doesn’t rely on traditional financial institutions for financial services. This is a good entry point for cryptoassets. Blockchain technology almost entirely eliminates the need to belong in the tradition financial system, as seen in parts of Africa and South America. 2. **Fees and transaction costs:** Currently, fees rather high in India*.* It costs a merchant between Rs 4,000 and Rs 8,000 to set up a card-swiping terminal in India. While this isn’t a problem for big-ticket merchants, smaller merchants who collectively constitute a big part of the economy might not be happy to pay that much in addition to the subsequent transaction fees. Indian consumers are moving back to cash-based transactions, because of remonetisation and high digital transaction costs. This makes a case for a cheaper way of conducting digital transactions. Again, Blockchain technology can be regulated to fit the bill. 3. **Improving transaction time:** If a cashless economy is ever going to be the order of the day, it needs to work in **real** **time**. Today’s technologies have done a great job in reducing wait times between when a transaction is completed and when the funds become accessible. This can be further improved with Blockchain tech. ### Way Forward Even though the Government is yet to regulate cryptoassets, they’ve crept into Indian market in a big way. It is probably unlikely that the government will resort to a knee-jerk ban of bitcoin because of its controversies. But the future of Bitcoin is still ambiguous, and a great deal of cooperation between the industry and the government is obviously required. ### Also Read: **Categories:** Blog --- ### [Bitcoin Futures: What Does This Mean For Cryptoassets?](https://blog.unocoin.com/bitcoin-futures-what-does-this-mean-for-cryptoassets/) **Published:** March 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*TbMmM2ujF78vlXs-R8zaZw.jpeg)Bitcoin Futures: What Does This Mean For Cryptoassets?As the cryptoasset market continues to grow and spread at unparalleled rates, we can observe interesting evolutions in the market just within the past few months! An important development was observed in December 2017 — the official launch of **Bitcoin Futures**. The news of Bitcoin venturing into the world of sophisticated financial derivatives had pushed the price of the currency to record highs to above $16,000 per unit of Bitcoin. The general sentiment around Bitcoin’s new adventure, in social media and among the aficionados of the crypto-market was that futures trading would somehow immediately cause a Bitcoin crash. While many agreed to it, a vast segment of cryptoasset-traders had strong reasons to disagree. Bitcoin’s new venture into the mainstream, as [quoted by Bloomberg](https://www.bloomberg.com/news/articles/2017-12-09/bitcoin-futures-trading-brings-crypto-into-mainstream-finance) has already had an impact on the cryptoassets, and this is just the beginning. ### Explaining futures trading and Bitcoin futures Futures are nothing but a financial derivative. The term financial derivatives is used to refer to contracts whose value depends on the performance of an underlying asset. Futures contracts involve agreements that are made to buy or sell an asset at a **predetermined price at some point in the future** — thus the term **“futures”**. This enables investors to lock in a price for the asset, either for security purposes or for speculation. Since the futures markets allow traders and investors to take a risk by selling commodities and futures contracts at a later date and set-price, the traders will need to speculate about where bitcoin’s price will be in the future and ultimately bet on its unknown price volatility. The traders’ profit or loss on the contract depends on the inherent price fluctuations that will happen after the trade. In the case of a digital commodity like the Bitcoin, the futures market gives traders a chance to bet on whether bitcoin’s price will rise or fall — without actually owning the token. One of the **key requirements of futures contracts** is that they must be traded on standardised exchanges like the CBOE or CME. The arrival of Bitcoin futures at an established and well-regulated derivative exchange will encourage more investors to trade in digital currency, giving Bitcoin a place among mainstream finance. This move is thus being considered to be a step in legitimising the cryptoasset by many. Household names like Goldman Sachs have reportedly said they plan to clear Bitcoin futures on behalf of some of their clients. ![](https://cdn-images-1.medium.com/max/800/0*_jwjvfiI-ne46UAJ.)### Current trading situation of Bitcoin Futures The CBOE lists three bitcoin futures, each expiring in January, February, and March respectively. The final settlement value of the contracts will be determined by the price of bitcoin on the exchange Gemini. Each contract covers one bitcoin. The margin rates on Bitcoin futures, or the amount a trader has to set aside as collateral for potential losses, is much higher than typical futures contracts. The CBOE quotes a margin rate of 44%, likely due to how volatile bitcoin can be. Additionally, the contracts are cash settled, implying that the investors will receive their final payment in cash instead of bitcoin. That also means that the CBOE doesn’t have to set up its own bitcoin wallet. ![](https://cdn-images-1.medium.com/max/800/0*d_tmd30sJRpxQz7D.)### Impact of Bitcoin Futures on the cryptoasset world The advent of bitcoin futures is supposed to bring a positive sentiment around the instability of the cryptoasset. [Alistair Milne, chief investment officer and co-founder of Altana Digital Currency Fund](http://chartsky.com/monthly-spotlights/) said, ”Derivatives should have the effect of bringing a deeper liquidity to the market which should reduce volatility,” He added, “As the whole cryptoasset economy gets bigger the volatility should reduce.” The new venture of bitcoin in the futures market has already had an upward effect on the bitcoin price. With names like CBOE, CME, Cantor Fitzgerald and other well-worn Wall Street firms wanting to get in on the game, bitcoin believers are more convinced than ever that the cryptoasset is here to stay. On the other end of the spectrum, the fear of missing out has also induced new faces to enter the arena. The bitcoin exchange Coinbase saw about 300,000 more users between Nov. 22 to Nov. 26, last year, according to Bloomberg. The increasing demand for bitcoin futures and the general optimism that seems prevalent in the sector could also push up bitcoin prices further, as this would serve as a sign that some more established investors may be growing bullish about the crypto-coin. Bitcoin has evolved to cater to a larger set of idiosyncrasies. This step is yet another attempt to not only popularize the cryptoasset but also get people to consider other crypto-coins as a legit form of investment. ### Also Read: **Categories:** Blog --- ### [Unocoin Announces Maker Bonus in Bitcoin!](https://blog.unocoin.com/unocoin-announces-maker-bonus-in-bitcoin-2/) **Published:** March 15, 2018 **Author:** Unocoin Growth **Content:** > ***For every trade on Unocoin Exchange, earn 0.3% of the trade value in bitcoin.*** *Note: Applicable only for makers (who brings liquidity to the order book). Makers will be awarded 0.3% in BTC to their wallet for each executed trade.* ![](https://cdn-images-1.medium.com/max/800/0*K4zvcdeV5bNck8W8.)Unocoin Announces Maker Bonus in Bitcoin!Ever since bitcoins (and other cryptoassets) gained popularity, trades and transactions have been on a one way trajectory. Trading cryptoassets is not a new concept of course, but there’s still plenty of room for new innovations and ideas in the industry! Unocoin, India’s own cryptoasset exchange, too has promoted trading and transactions using cryptoasset. Recently, as we discussed earlier, Unocoin launched a multi cryptoasset exchange (with an open order book), which supports around 6 coins — including Bitcoin, Bitcoin Cash, Bitcoin Gold, Ripple, Ethereum, and Litecoin as well. This whole setup operates on a “Maker-Taker” model, commonly followed by financial institutions across the globe. While we’ve touched on the concept of “Maker-Taker” earlier, let’s recap it for you. ### Makers vs Takers Say, we have two individuals, Alice and Bob. They can place two kinds of orders: - **Limit orders**, in which one can specify their price to execute the trade at. The transaction will only go through when the condition put on the price is fulfilled. - On the other hand, one can also place a **market order**, with the current best price, the trade is immediately completed upon availability of the volume. However, there is no guarantee that the price will remain the same in the time it takes to complete the transaction. Your order will simply be matched to whatever open orders are there on the exchange. If Alice places a limit order, she is introducing more money (or *liquidity*) to the market, as the order is put on queue. She is thus called a **maker**. Now we have Bob, who places a market order which will immediately be executed if there’s an open order on the exchange — like Alice’s for example. Since this kind of order *takes the liquidity off the market*, he will be the **taker**. This model provides the user with many benefits — the user is allowed to change the queued orders, or even cancel it. They can easily go with the market trends and fully utilize trading benefits. ### Unocoin’s New Fee Offer! Unocoin originally offered near rock-bottom fees of 0.4% to makers and 0.6% to takers on the launch of its exchange. But it isn’t done yet! In an industry (and possibly global) first, Unocoin is turning the tables in favor of the makers. Makers on Unocoin’s exchange will now earn 0.3% as bonus on their transactions. And that’s not all — this fees will be paid… in **bitcoin**. So not only do makers stand to benefit from their trades, they’re being rewarded in potentially larger sums if bitcoin continues to rally the way it has! The taker fee continues to remain low — at just 0.6% of the order value. There is absolutely no fee in storing the currency in your wallet. In the context of Alice & Bob — here’s how this would work out: - Let’s say Alice places a limit buy order for 0.1 BTC @ Rs 6,00,000. The value of this transaction would therefore be Rs 60,000. - Bob comes into the picture. Let’s say he’s doubled the value of his holdings on bitcoins, and has placed a market sell order to offload 0.1 BTC from his holdings. - This order gets matched with Alice’s, and gets executed. Alice is now the maker, and Bob the taker. - According to Unocoin’s new pricing model — Alice would be receiving 0.3% of the transaction value — that is, Rs 180 for this transaction. What’s more — **this payout would be in the form of bitcoin itself**, and not INR — which means she would make 0.0003 BTC (calculated using the last traded price at the moment of transaction) for trading cryptoassets herself. - Bob on the other hand — would be subject to a nominal 0.6% — which translates into a fees of 0.6% — or Rs 360 — on the transaction. So, go ahead! Open your Unocoin account, and get into the arena of trading. May the odds be ever in your favour! ### Also Read: **Categories:** Blog --- ### [Unocoin’s Multi Crypto Asset Exchange Comes To The Web](https://blog.unocoin.com/unocoins-multi-crypto-asset-exchange-comes-to-the-web/) **Published:** March 17, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*nVhrF6EHxXNzIJr-rJpT3A.jpeg)You shouldn’t have to hunt for your smartphone every time you want to trade cryptoassets anymore. Or squint and strain your eyes monitoring crypto market trends on a smartphone for hours altogether. At Unocoin, we place our users first. That’s why, we are now bringing a Web version of the Unocoin exchange to you after launching our app based exchange last month. With the Unocoin Exchange web launch, you can use any device — PC, Laptop, Tablet or Smartphone to login to your Unocoin account and start trading cryptoassets! Your account is synced across all devices so you can catch up on your trades in real time. ### Buy multiple crypto assets There are more than a thousand different cryptoassets. But not all of them are success stories — most are not. We still want you to have the widest range of choice in the best crypto trades/investments — and the freedom to pick the ones you like — and that’s how Unocoin’s multi crypto exchange came to be. We’re bringing trading to the hottest six cryptoassets in the industry right now, on the Unocoin app as well as online! - Bitcoin - Bitcoin Cash - Ethereum - Ripple - LiteCoin - Bitcoin Gold You can buy or sell these cryptoassets as well as transfer cryptoassets into and out of your Unocoin exchange wallet, all within the app or web platform. ### Trade like a pro! What’s more, Unocoin is not just a service where you can only buy or sell cryptoassets. Now, Unocoin is an exchange for cryptoassets where you can trade cryptoassets, like you trade stocks online. What does this mean you ask? This means buy and sell prices are set by users, you set them, and you can see all the orders in the order book. You can place two types of orders **Market orders** — Orders where you just accept the price buyers and sellers ask while you sell or buy cryptoassets. It’s called buying or selling at the market price. **Limit orders** — Orders where you set a price at which you want to buy or sell your cryptoasset. You are not accepting the price offered by buyers and sellers and you are offering your own price. These orders will be fulfilled when someone accepts your terms. You can see all of the limit order information in real time from the order book. You can use this info to trade effectively, for example, buy when you see a strong bullish trend (lots of buy orders and price rise) and vice versa. Thus, as an exchange, Unocoin is ideal for crypto traders. ### Free Bitcoins for every trade! You can trade cryptoassets on Unocoin at one of the lowest fees you’ll find on any platform. Also, in a first of its kind offer on any exchange, Unocoin actually pays ‘trade makers’ for every successful trade! Surprised? Wonder who a ‘trade maker’ is? Don’t worry, we’re not going to keep you wondering. Here are the answers for all the burning questions you have. You are a trade maker if you place ‘limit orders’ on an exchange. As we saw earlier, Limit orders are pending orders waiting to be fulfilled. It adds to the the number of trades waiting to happen on the exchange and keeps the exchange functioning and active. In other words, Limit orders add liquidity to a market/exchange. Unocoin is probably the first exchange to reward users who are makers, that is, those that add liquidity to the platform. - You’ll get paid 0.3% of the trade amount in Bitcoins for every successful trade where you are the maker. For example, if you’re selling Bitcoin for one lakh rupees, you get 300 rupees in Bitcoin (fiat to Bitcoin conversion is based on Last Traded Price (LTP) at the time). You can set either buy or sell limit orders. - Fees on market orders is a flat 0.6%. ### Start trading now Unocoin launches its exchange platform to web users. Now Unocoin users can start trading their favourite crypto assets from web. Experience it now! Simpler, Faster and User-friendly. Unocoin makes crypto trading simple. Download the Unocoin app, verify your identity online, load money via net banking, mobile banking, UPI or a number of wallets and start trading immediately! What are you waiting for? Download the Unocoin app here Android | iOS. Follow us here at Medium to stay updated on the latest news. You’ll also be notified via push notifications on your smartphone (if you have the Unocoin app installed) and via email (if you have a Unocoin account). ### Also Read: **Categories:** Blog --- ### [Bitcoin ETFs will further boost the cryptoasset](https://blog.unocoin.com/bitcoin-etfs-will-further-boost-the-cryptoasset/) **Published:** March 19, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*XAn3mxt_M996Ho6v_3yfZg.jpeg)Bitcoin ETFs will further boost the cryptoassetBitcoin ETFs have hit the market and they’re all the rage. Why though? Let’s find out. ETF stands for Exchange Traded Funds. As an investor, you can either go for a short-term investment — where your investments can be converted into cash easily in a short span of time, or you can go for long-term investments like stocks and commodities, where you hold your investments for long and wait for them to grow to a targeted value. Through ETFs though, one can buy or sell funds throughout the day. These are basically a basket of marketable securities that can be used as an investment. The value of ETFs depend on their market index, and the person investing in ETF owns a share in the underlying assets within that particular index. ETFs are similar to mutual funds but traded like a common stock on the stock exchange. ![](https://cdn-images-1.medium.com/max/800/0*PbhmqH6W0s6KM8Ys.)Source: Pixabay### What are Bitcoin ETFs? Bitcoins, with their increasing value, have recently started attracting a lot of attention from investors. Currently, bitcoins are traded through exchanges. But what if a person wants to hold Bitcoins as a long-term investment? Like a share, or a deposit. People interested in the future valuation of Bitcoins, or do not understand the technical details as much, or even worry about online thefts from their crypto-wallets now have a way to enter the crypto market through Bitcoin ETFs. Bitcoin ETFs allow investors to make a long-term investment in bitcoins. Once a Bitcoin ETF is created, it can be divided into units of shares. The division can range from 10,000 to 6,00,000 units depending on the number of bitcoins that have been used to create the ETF. Someone like the Winklevoss twins, who have a billion dollars in Bitcoin, can create a larger number of units. A larger number of units essentially means the shares can be bought by a larger number of people when they are sold to the public in the open market. ### How would ETFs help Bitcoin? - Investors today are skeptical about the situation of Bitcoin because it is not traded on a standard exchange. If Bitcoin ETFs are created, then it would attract more investors due to the increased reliability guaranteed by standard trading. - The responsibility of the underlying bitcoin would get transferred to the ETFs. Currently, if a person buys Bitcoins, they hold them themselves. If any theft or fraud occurs, then the person faces the challenge himself. But with ETFs, it would be the responsibility of the entity offering the ETF to secure the investment, not the investor. Hence this would help create a sense of security for investors. - ETFs would make Bitcoin investments available to common investors. There have been high price swings in Bitcoin after it reached $1000 which is swaying it away from common investors. ETFs would allow fractional investments which would help make Bitcoin investments affordable for general investors. - Exchanges would get access to large-scale or institutional investors which would help the liquidity of Bitcoin. The cash flow would get increased and hence, the exchange of cash to Bitcoin or vice-versa would become more steady. Conclusively, the Bitcoin ETFs would bring liquidity, security and a much-needed legitimacy to the system. Also, the availability of Bitcoin opportunities to common investors would increase. Therefore, a lot of new customers would get attracted, ultimately, boosting the crypto assets. ### Also Read: **Categories:** Blog --- ### [The difference between Bitcoin, Bitcoin Cash and other forks](https://blog.unocoin.com/the-difference-between-bitcoin-bitcoin-cash-and-other-forks/) **Published:** March 21, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*sAsFoYCBLzFAl87ptbt6fw.jpeg)The difference between Bitcoin, Bitcoin Cash and other ForksBitcoin, the most successful and most popular cryptoasset touted as an alternative to fiat money, is not without its own share of shortcomings. [As a decentralised asset](https://blog.unocoin.com/decentralisation-simplified-who-controls-bitcoin-fb311291c7b6) where decisions are enforced by consensus and where any dissenter can break away from consensus opinion, developers, miners and users have broken ranks with the prevailing majority opinion in the past to create and follow their own versions of Bitcoin. Bitcoin’s strength as a decentralised platform seems to have also become its achilles heel as building consensus on changes becomes a torturous exercise. But this is the price decentralisation demands, where every participant agrees to the protocol of his own accord, free and uncoerced. Anyone who disagrees with the Bitcoin community can create their own protocol as Bitcoin is open source. Thus, if a group doesn’t like Bitcoin in its current form they can create their own version of Bitcoin. This has happened many times now. These variant versions are called **‘hard forks’** of Bitcoin. Here’s a look at how forking works and the more popular forks of Bitcoin. ### How are coins forked? As mentioned earlier, forking is a process of creating new coins. As the name implies, the Blockchain of a coin is split into two to create two new Blockchains. The new split Blockchain that follows a different protocol is said to have ‘forked’ (branch out or separate) from the old Blockchain. Since these chains follow different protocols and are incompatible with each other, the fork is called a ‘hard fork’. The two different Blockchains effectively split a cryptoasset into two and if you had some coins at the moment a hard fork happened, you get an equal amount of coins on the new chain. Thus, a hard fork gives you access to coins on both chains, equivalent to the amount you held at the time of the split. ### Popular Bitcoin forks #### Bitcoin Classic (inactive) Transaction speed on the Bitcoin network is capped thanks to its protocol which allows only a maximum of seven transactions per second while average speed hovers around three transactions per second. Contrast this with payment processors like Visa or Mastercard which can handle thousands of transactions in a second. Transaction speed has been a sore point for Bitcoin from the start and more so, with burgeoning adoption and growth in popularity. This has been the most contentious issue in the Bitcoin community that has resulted in a lot of Bitcoin forks. New Bitcoin forks offer better transaction speeds, albeit at the cost of compromising a bit on decentralisation. This is because faster transaction speeds require raising the Bitcoin block size which is a limit on the size of transaction data generated over a period of ten minutes. The Bitcoin protocol has arbitrarily capped the block size at 1MB. While raising this limit could increase transaction speeds, it poses the risk of offering an undue advantage in mining (process of validating Bitcoin transactions) to big miners (people who validate transactions by mining), thus making Bitcoin a less equal network. This issue of block size has had the Bitcoin community divided from the very start. In fact, it was the reason for the first fork in 2016. Bitcoin classic was implemented as a project separate from Bitcoin and used 2 megabyte blocks. Though not a direct hard fork from the Bitcoin Blockchain, Bitcoin classic used the very same protocol with just a few tweaks to set the block size at 2 MB. With the launch of hard forks of even greater block sizes, the project has shut down. In the same year, another project called Bitcoin Unlimited was launched, with a provision that allowed the block size limit to be changed at will, depending on miner preference and approval from nodes (servers which store the Blockchain, a complete record of Bitcoin transaction data). This project has fallen apart too and is almost defunct. #### Bitcoin Cash Perhaps the most popular hard fork of Bitcoin, this hard fork differs from Bitcoin on the very same issue of block size limit like the previous variants. Offering a higher block size limit of 8 MB, Bitcoin Cash boasts of greater transaction speeds and less transaction fees. It is also more miner friendly as it allows for quick change of mining difficulty (processing power needed to validate Bitcoin transactions) in response to the preference of miners. Though this makes the network less secure and more centralised, Bitcoin Cash is the second most costly cryptoasset and comes third by market cap, only next to Bitcoin and Ethereum. Bitcoin Cash forked into two in November 2017 to resolve some problems with instant adjustment of mining difficulty. Even though everyone was supposed to follow the new chain, some users still follow the old chain and call it **Bitcoin Clashic.** #### Bitcoin Gold Also based on the ‘Equihash’ mining protocol, this differs from the proposed Bitcoin Cash plus fork in that the block size is set at 1 MB like Bitcoin. This coin forked from Bitcoin in November 2017 and now trades at around $350 per coin. This fork isn’t as popular as Bitcoin Cash due to the absence of a strong development community and some questionable actions by developers that has sullied trust. #### SegWit 2X (cancelled) Proposed as another hard fork of Bitcoin with much support, [SegWit 2x](https://blog.unocoin.com/bitcoin-segwit2x-what-you-need-to-know-8dcbed65ef86) called for raising the block size limit to 2 MB. But the fork had other missing features — such as accidental replay protection — that made it unsafe for users and increased their chances of losing their funds. After a lack of consensus within the community on this change, the fork was called off a few days before the scheduled November 16th launch. After all these forks, Bitcoin is still up and beating other cryptoassets in popularity. In fact, with every fork, the value of Bitcoin has only risen, a sign of the trust that the community and investors repose in Bitcoin. Many more forks have been proposed by stray groups of developers. Most of these fizzle out even before the launch and the rest fail to hold up. The Bitcoin community seems to be tired of forks after witnessing a spate of them, some genuine and well supported, while others have proven to be duds and scams. Though forks show no signs of coming to an end, the Bitcoin community has certainly wised up enough to evaluate critically and reject whimsical changes. ### Also Read: **Categories:** Blog --- ### [Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000](https://blog.unocoin.com/analyst-who-predicted-bitcoins-rise-now-sees-it-hitting-300000-400000/) **Published:** March 26, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*DU3CtsOE1vpSqWQt4JhJvg.jpeg)Analyst who predicted bitcoin’s rise now sees it hitting $300,000-$400,000Bitcoin’s long term bull run isn’t over yet, if analysts are to be believed. Ronnie Moas, an independent research analyst and the founder of [Standpoint Research](https://www.standpointresearch.com/) — a self-described ‘one-man operation’ based in Miami — believes we could be seeing far higher prices for the cryptoasset in the near future. Moas earlier gave some of the most accurate price predictions on Bitcoin in 2017. In July, 2017, he put a $5,000 price target on bitcoin for 2018, when the digital currency at that time was valued around $2,600. “In my view, the genie is out of the bottle, and cryptoassets will continue to rise and take market share away from stocks, other precious metals, bonds and currencies,” he had said. And by December, the same year, bitcoins’ value surged to $18,000! After seeing a 500% rise in its value, Moas stated that the Bitcoin would continue rising and cross the six digits figures, past $20,000. “Bitcoin is already up 500 per cent since I recommended it in the beginning of July, and I’m looking for another 500 per cent move from here,” he says. His comments led to Chicago Mercentile Exchange (CME) — the world’s largest futures exchange — to launch its own bitcoin futures contract. After which the Chicago Board Options Exchange (CBOE)which is the world’s largest options exchange and the leader in product innovation too, did the same. “The end-game on bitcoin is that it will hit $300,000 to $400,000 in my opinion, and it will be the most valuable currency in the world,” Moas told CNBC. “I don’t know how much gold there is in the ground, but I know how much bitcoin there is, and in two years there will be 300 million people in the world trying to get their hands on a few million bitcoin. This mind-boggling supply and demand imbalance is what is going to drive the price higher,” he claims. He isn’t the only one super bullish on bitcoin. PayPal co-founder and investor Peter Thiel also believes in the cryptoasset, saying people are [underestimating Bitcoin](https://blog.unocoin.com/peter-thiel-people-are-underestimating-bitcoin-445db45e8a9d?source=collection_home---6------8----------------)’. Investment bank Goldman Sachs agrees, saying haters don’t ‘[get its gold-like qualities](https://blog.unocoin.com/bitcoin-haters-dont-get-its-gold-like-qualities-says-goldman-sachs-a7004fe7e051?source=collection_home---6------6----------------)’. Sure, not everyone agrees to his calls and claims. “We think that it’s risky,” said Vasu Menon, vice President of Wealth Management, Singapore, to CNBC. “I don’t see strong fundamental drivers for this bitcoin rally,” he added. To add on, the well-known investor Warren Buffett too, told CNBC that cryptoassets will come to a ‘bad ending.’ And also, Jamie Dimon, the CEO of J.P. Morgan, famously called bitcoin a ‘fraud.’ Contrary to that, Moas feels that the Bitcoin surge parties are just getting started. In fact, he says, “I look at bitcoin the same way I look at Amazon. The way to play Amazon for the last 15 years was to buy it, hold it, and add on the dips. That’s exactly the way I think people should be playing bitcoin. ### Also Read: **Categories:** Blog --- ### [How is Bitcoin adoption coming up in developed vs. developing countries?](https://blog.unocoin.com/how-is-bitcoin-adoption-coming-up-in-developed-vs-developing-countries/) **Published:** March 28, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*PY8x-h8clZmoj2JkJz7N-A.jpeg)How is Bitcoin adoption coming up in developed vs. developing countries?Bitcoin is the secure, decentralized cryptoasset and powerful enough to change the world for the better. The citizens of many developed countries, especially third world countries, receive funding and aid from NGOs and other organisations that originate in developed ones. In such cases, transfer of fiat currency (USD, Euro, Rupees etc.) through banking networks or sources such as the Western Union can prove to be costly and inefficient. Bitcoin transactions have helped organisations such as the Red Cross make global transfer of funds easier. Providing innumerable benefits such as immunity to hyperinflation, Bitcoin is now being accepted in almost all parts of the world. In fact,[ Bitcoin ATMs](https://coinatmradar.com/countries/) have also been installed in many locations such as the US, Singapore, Switzerland, Serbia, France, etc. This article takes a look at Bitcoin adoption in different countries such the United States of America, Japan, India, and Zimbabwe. ![](https://cdn-images-1.medium.com/max/800/0*mtNsW2ymNYdCu7wR.)Bitcoin ATM (Image Source: Business Insider)### Japan In February 2014, 850,000 bitcoins, worth over $450 million suddenly went missing, when Mt. Gox was hacked. A Tokyo based bitcoin exchange platform, this mega corporation had previously boasted of [conducting 70% of global Bitcoin turnover](https://www.forbes.com/sites/outofasia/2017/11/02/japan-a-forward-thinking-bitcoin-nation/#7c55f07033a3). Despite this catastrophe, Japan welcomed Bitcoin with open arms, recognizing it as a asset in April 2017, making it a legal payment option. Today, this country is known as the world leader in Bitcoin trade. In Japan, Bitcoin transactions are increasingly being used by hotels, restaurants, bars, and merchants. #### Aviation: Japan’s budget airline, ‘[Peach](http://www.flypeach.com/pc/en)’, has announced its acceptance of bitcoins for ticket payments, accommodation, and sale of souvenirs. #### Consumer Electronics: The electronics retailer chain of stores called Bic Camera, sells different types of consumer items ranging from household appliances to cosmetics and even sports equipment. They accept bitcoins as payment, with a [capping limit of 300,000 yen at a time](https://www.forbes.com/sites/outofasia/2017/11/02/japan-a-forward-thinking-bitcoin-nation/#7c55f07033a3). #### Hotels: [Anshin Oyado](https://www.anshin-oyado.jp/english/), a luxury capsule hotel in Tokyo, was one of the first capsule hotels in Japan to accept Bitcoins via the Coincheck payment system. [Comicap](http://comicap.co.jp/en.html) is another famous Comics & Capsule Hotel in Kyoto that also accepts Bitcoins via the same system. It has capsule-sized rooms and thousands of comic books which are accessible to its guests ![](https://cdn-images-1.medium.com/max/800/0*cPtZaQ-R0V4F1tkJ.)Comicap Hotel in Kyoto (Image Source: [Comicap.co.jp](http://comicap.co.jp/en.html))### United States When it comes to cryptoassets, the US is a frontrunner. It is home and the birthplace of some of the largest bitcoin exchanges in the world. Among them, Coinbase is the most popular one, as it provides the fastest and easiest way to buy bitcoins. Coinmama, GDAX, BitQuick, and Gemini are some of the other ones. A study conducted by the Cambridge University Business School’s Centre for Alternative Finance found that the U.S. was the fourth largest country in the world for bitcoin transactions. In fact, according to a recent survey conducted by [Lend Edu](https://lendedu.com/), Bitcoin is more popular and is increasingly being adopted by millenials in America. The survey claims that 86.67% of those between the ages of 18 to 24 had heard of Bitcoin. On the other hand, only 75.93% of those who were 55 and older had heard of it. Many middle class Americans are even investing in Bitcoin-based Individual Retirement Accounts or IRAs (Equivalent to Public Provident Funds in India). ![](https://cdn-images-1.medium.com/max/800/0*r_Tf3syxrG6rSEFw.)### India With the act of demonetization that rendered old Rs. 500 and Rs. 1000 notes unusable in 2016, the Indian economy became more conducive to electronic payments in India. Since then, there has been a surge in the number of users on bitcoin exchanges such as Unocoin. ![](https://cdn-images-1.medium.com/max/800/0*QRam9BDhRvIUsz_3.)Demonetization (Image Source: [Business Standard](http://www.business-standard.com/article/economy-policy/rbi-annual-report-99-of-demonetised-currency-back-into-the-system-117083000891_1.html))The Reserve Bank of India (RBI) is now testing the waters of Blockchain Technology in order to improve the efficiency of its financial system. In India, Bitcoins are seen more of an investment than a currency that can be spent to buy items. According to Unocoin, Bitcoin usage will continue to rise exponentially in India. ### Zimbabwe A military coup and mass street protests forced Zimbabwe president Robert Mugabe into house arrest and resignation from office in November 2017, ending his 37-year reign. In light of this [recent political upheaval](http://www.firstpost.com/world/zimbabwe-political-crisis-citizens-plan-marches-as-future-of-president-robert-mugabe-remains-uncertain-4215987.html) that has rendered Zimbabwe’s economy fragile, Bitcoin has become a safe haven for many of its citizens. It has become next to impossible for one to transfer money in and out of the country using formal banks. People have turned to Bitcoin for purposes such as sending money abroad. ![](https://cdn-images-1.medium.com/max/800/0*BfTT2S282NLuKc07.)(Image Source: [KryptoMoney](https://kryptomoney.com/bitcoin-trades-at-12400-in-zimbabwe/))### Also Read: **Categories:** Blog --- ### [Investing in Bitcoin futures: A step-by-step guide](https://blog.unocoin.com/investing-in-bitcoin-futures-a-step-by-step-guide/) **Published:** March 30, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*60qZ_bGglteL0SzrxI57wA.jpeg)Investing in Bitcoin futures: A step-by-step guideBitcoin continued going mainstream last year, when future contracts for the cryptoasset were first offered by two exchanges — [CBOE](http://www.cboe.com/), and the [CME Group](http://www.cmegroup.com/). Incidentally, the CME Group is the world’s largest futures exchange. Both these exchanges now enable the larger institutional investors to get in on the Bitcoin game through a more regulated, transparent and liquid market. Since Bitcoin is a virtual currency, settlements will be cash-based and in U.S Dollars. Moreover, unlike cryptomarkets, where trading is an all-day long affair, the futures market is has daily time restrictions. So even trading in crypto futures will be restricted to regular trading hours (7 hours a day approximately) — and to 6-days every week. Besides these small rules, there a few other constraints as well. ### Here’s a step-wise guide to investing in Bitcoin futures: #### Decide on an appropriate exchange Not all bitcoin exchanges offer futures contracts. The first step to being able to trade bitcoin futures is to find an appropriate exchange that suits your style of trading. [BitMEX](https://www.bitmex.com/), CBOE, [Deribit](https://www.deribit.com/), and many other exchanges offer bitcoin futures, with new exchanges appearing all the time. The best cryptoasset exchanges available not only offer just the right mix of features to facilitate buying and selling but also boast of a good reputation within the community, charge low fees and have an easy account verification process. A users’ specific needs will vary depending on his/her cryptoasset investment plans, geographical location and even the payment methods offered by the exchange. When selecting an exchange, it is important to research and ensure the exchange offers adequate security coverage and protection against fraud and theft. The ideal way to select an exchange for all future transactions would be to shortlist a few based on the availability in your location and your investment plans. Then thoroughly research each of them on their features and reputation. You could even head to some [reliable articles ](https://www.bestbitcoinexchange.net/futures/)on the Internet. #### Create a valid account and prepare it for trading Once you select an exchange, you’ll have to create an account. Just follow the exchange’s setup procedure. Enter your details regarding personal identity and investment interests. As a trading account holder, you’ll have to then, populate the account with funds. In many cases, this is done via a bank or wire transfer, or a transfer from a different exchange. While some exchanges may allow purchase of bitcoin futures contracts with other crypto assets — like the altcoins you may already own, many others will allow you to purchase them using fiat currency. ![](https://cdn-images-1.medium.com/max/800/0*QbG4TKtwSOB6BatD.)#### Understand the contracts and other details One important thing to note about contracts is that Bitcoin futures contracts can’t be hacked or stolen like some of the crypto-coins can. They are traded on a regulated exchange. This is compelling for those looking for long-only exposure (i.e. buying futures contracts) to bitcoin versus those simply trading (i.e. looking to sell) the contract. Futures contracts allow users to hedge positions and mitigate risk. Bitcoin futures are typically associated with miners, who depend on the bitcoin’s price for their income. Exchanges like [OrderBook](https://www.orderbook.io/#/landing) offer a standard contract size for a futures purchase, with typical instruments including the exchange between bitcoin and the fiat currency as well as information about the month and year for the contract. While the standard contract size (or tick size) is $10, an investor can buy as many contracts to decide on his position. A typical instrument would be represented in the form of some key-terms like, BTC/USD-3.17. Here — “BTC/USD” refers to the exchange rate between Bitcoin and the US dollar. The “3” represents the month — in this case March, and “17” denotes the year 2017. The trading symbol will be a series of alphanumeric characters, BUH4. Each month has a trading symbol — like March is H (as per Chicago Mercantile Exchange), the “B” is symbolic of BTC and the “U” is taken from USD. Here, the digit “4” signifies the year. As an example, if the price is $500/BTC in the futures market, an investor would have to buy 50 futures contracts, each worth $10. If he/she wishes to open a positive position then the most appropriate decision would be in going long with “buy” contracts. On the other hand, he/she would go short with “sell” contracts if he/she decides to open a negative position. An investor’s position can be either positive or negative for the same instrument. The decision to make a long-term or a short-term investment will depend on one’s opinion on the trend of Bitcoin’s price. If it is likely to climb or to fall by the set time specified by the futures contract, it will affect the sentiment around Bitcoin futures trading accordingly. ### Also Read: **Categories:** Blog --- ### [How true are fears of a cryptoasset bubble?](https://blog.unocoin.com/how-true-are-fears-of-a-cryptoasset-bubble/) **Published:** April 1, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*vL3Zh_l3vzGzeMPIqyT7UA.jpeg)How true are fears of a cryptoasset bubble?Any conversation around crypto coins focuses predominantly on two themes: the financial and technical aspects. The underlying ledger technology and encryption algorithms have fascinated academia, industry experts and even people at the grass root level across. Simultaneously, the financial aspects of cryptoassets have intrigued pundits and economists across the globe. Many enthusiasts would jump at the opportunity to champion the concept and the entity of a cryptoasset. However, there are others who would either steer away from investing time and money in the crypto market or voice concerns about an impending doom that they believe might envelope the cryptoassets. Although the fears stem from some valid reasons, not all their fears can be justified in reason. The rocketing prices for bitcoin have helped the market capitalisation of cryptoassets touch $500bn. This naturally makes many wonder if we’re in the midst of a bubble. ### Fears lurking around the concept Industry experts have succinctly categorized the fear around cryptoassets in two classes: financial and technical. While the financial skepticism generally talks about it being a bubble, the technical side is that coins will be lost, stolen/hacked, or just be subjected to fraud. Creative theft, hacking and other technological caveats form the bulk of concerns around this space for most people. The underlying Blockchain technology is also being scrutinized by many others in this space. However, more than the people who express some doubts about the same, there are others who are more than happy to welcome the technology in various other applications. John Monarch, CEO of [ShipChain](https://shipchain.io/), a blockchain based logistics software company, [said](https://infocoinz.com/new-cryptocurrency/), “It’s a new asset class that has taken the world by a storm since Bitcoin first hit the scene. The volatility in the market might add fuel to the fear, but the excitement around the base technology seems to be outpacing that. I’d say most people actually involved are more happy about the evolution of cryptoassets and blockchain than they are fearful.” ![](https://cdn-images-1.medium.com/max/800/0*77egxTmvW6GUS01H.)It can be compromised using selected, targeted Cyber Intrusion practices leading to a hack with malware or ransomware. Additionally, it is believed that unregistered wallets and transactions are safer from a hack than registered ones. Many cryptoassets have not been audited by their regulators and in 2018 they might be stated in examples of financial audits and failed stories. Many investors suspect their coin miners or exchanges might be shut down due to non-compliance of regulations and rules. A part of the fear also comes in when governments across countries have publicly banned digital assets thus, having zero recourse or refund. Bitcoin is not underpinned by a central bank. It allows users to bypass traditional payment systems when transacting — a premise that has naturally caught the imagination of many, leading to a price surge of more than 900% in 2017. Created by ‘miners,’ Bitcoin often has to deal with fears of an economic bubble. The rising skepticism hovers around investors as Bitcoin becomes treated less like a asset and more like a store of value, open for speculators making huge bets on how far the value can rise. Economists have also compared bitcoin’s meteoric rise with past bubbles like the [tulip mania of the 17th century](https://www.focus-economics.com/blog/tulip-mania-dutch-market-bubble). The [dotcom bubble that started in the late 90s with the Nasdaq index in New York and burst in 2000](http://time.com/3741681/2000-dotcom-stock-bust/) also foreshadows a devastating collapse for coinage that has no intrinsic value to the investors beyond what was ascribed to it by a community of creators. ### Are the fears justified? ![](https://cdn-images-1.medium.com/max/800/0*ZAOuzDgcAVR392Fj.)Despite having ‘bubble-like’ qualities in the cryptoasset space, [experts brush aside the thought of the concept tumbling down](https://btcmanager.com/is-the-crypto-market-experiencing-a-bubble/). They see credit in the fact that the price of cryptoassets could be affected only if something unfortunate were to happen to the protocol that underlies it. Experts explain that the cryptoasset price fluctuations are not the same thing as an artificially hiked price or “bubble.” It is the result of a technological or community failure, but not on the chance of market failure. When Bitcoin upgraded to Segwit it did not necessarily align with Satoshi Nakamoto’s vision that Bitcoin should be a scalable, peer-2-peer cash system. On the other hand, it converted bitcoin into a settlement layer, which might cause some charm to the asset. In either case, people hope that Segwit will work well for Bitcoin in the long run. The hope is that they would not see a technological failure that takes the cryptoasset down. This just goes on to establish that cryptoassets are susceptible to failures and crashes. It is just that these potential crashes are not the result of a “bubble.” They would occur because the community failed to make the crypto coin economically viable. When it comes to the technology, Blockchain has invaded all niche tech-spaces — from IoT to Big Data analytics. Every industry is talking about incorporating Blockchain in their operations and functioning owing to the benefits it offers in terms of a decentralized and secure system of interconnected systems. With promises of that kind, Blockchain technology is bound to stay and develop over time. ### Also Read: **Categories:** Blog --- ### [Early Adopters vs Late Adopters: Who is in a better position with respect to Bitcoin?](https://blog.unocoin.com/early-adopters-vs-late-adopters-who-is-in-a-better-position-with-respect-to-bitcoin/) **Published:** April 3, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*V2mc2kEayYSFCnmkwZevGw.jpeg)Early Adopters vs Late Adopters: Who is in a better position with respect to Bitcoin?You may be late to the Bitcoin train, but veteran investor and entrepreneur Peter Thiel says ‘[people are still underestimating bitcoin](https://blog.unocoin.com/peter-thiel-people-are-underestimating-bitcoin-445db45e8a9d)’. For most new technologies, it may be wiser to be an early adopters. But that shouldn’t dishearten fresh investors making an investment in bitcoins. Like any other investment, there are several factors in play when it comes to investing in cryptoassets, or more specifically, bitcoins. There is market volatility, investor sentiment, rising competition from newer competitors, the limited quantity of the asset, governments’ sentiment, and many other unforeseen factors impact the cryptoassets’ value, all these factors make this investment a unique package and one needs to keep an eye out for each of the factors that can impact their investment. ### How are Early Investors Better Off When Bitcoin launched in the market, its value was just 15 cents. Many people however, looked the other way and made investments elsewhere. In Bitcoin folklore, there’s a true story of a person who tipped his pizza delivery boy with about 10,000 bitcoins. No one at the time of its launch had thought that it would see such an upswing. Anyone who had bought the coin at its inception has seen their investment multiply 67,473 times. Further, Bitcoin holders also got an equal offering of Bitcoin Cash when it was launched. Today, one Bitcoin Cash unit is currently valued at upwards of $1200 USD. This brings us to the question: is it even sensible to now make an investment in bitcoins? ### Do Late Adopters Lose? Not all has been lost. There are several factors that show us how Bitcoin is not a missed bus for newcomers into just entering the cryptoasset market. Bitcoin is the oldest and the most known asset among all other cryptoassets. There are several well-known portals and exchanges where it is available for purchase. One need not buy a full bitcoin. You can invest say Rs. 1000 and own a fraction of a bitcoin. Since there are limited number of bitcoins which can be mined — 21 million to be precise — out of which 5–6 million bitcoins are yet to be mined, newer investors still have a shot at earning returns on their investment. The limited quantity bitcoins can never let its value fall below a minimum and can only help investors get more returns. Bitcoin operates in a grey legal area, so we do not know what the final fate of cryptoasset or bitcoin will be. Cryptoassets have seen a fair bit of controversy because of their completely unregulated and anonymous nature. But that is also what’s revolutionary about them! They operate in a fairly democratic manner, where every miner has a say in any decision made with respect to the asset. The blockchain in itself is a very powerful and useful technology, which can aid governments and institutions to a large extent. Further, if governments decide to outlaw the bitcoin then there is another chance of your investment going sour. But, none of these are any new problems. They have been there since the inception of bitcoin. ### To Bitcoin or not to Bitcoin Here, the ideal move will be to make a judgement call on your investment as per your needs. Bitcoin investment brings with it a fair share of risks and benefits. You will have to decide if you are willing to take that risk. As discussed earlier, there are some risks that a bitcoin investment faces like the risk of it getting criminalised, and volatility. But these fears have always been there, they have now just been magnified with the burgeoning interest that the asset has attracted. These factors in no way make it a bad investment because these factors go hand in hand with any new investment. What we need to understand that bitcoin is the oldest traded cryptoasset, which has very good return history and by all logic, will continue to perform well. Goldman Sachs [believes people don’t seem to get Bitcoin’s Gold-like qualities](https://blog.unocoin.com/bitcoin-haters-dont-get-its-gold-like-qualities-says-goldman-sachs-a7004fe7e051), while Steve Wozniak has gone to say that bitcoins[ are better than the US Dollar and Gold](https://blog.unocoin.com/steve-wozniak-bitcoin-is-better-than-gold-and-usd-4fdbfcb6e5bb)! There are several other cryptoassets in the market such as Ethereum, Bitcoin Cash, Ripple, DogeCoin, LiteCoin, etc which you can look at too. These assets are newer, cheaper, faster, and even more versatile in features than bitcoins. As an investor, you reading about these great Bitcoin alternatives might spark your interest in adopting the cryptoasset technology. This is less about bitcoin and more about cryptoassets as a whole. This is a path-breaking product delivered by an extremely useful technology. **None of us would want to be a horse to this new Ford.** And I am not saying that you should take out a second mortgage on your home for this investment! Make a small investment and play with the technology enough to be prepared for the time when cryptoassets become the most natural instrument of investing for the layperson. ### Also Read: **Categories:** Blog --- ### [Businesses grow with rise in crypto assets demand](https://blog.unocoin.com/businesses-grow-with-rise-in-crypto-assets-demand/) **Published:** April 9, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*-7n0J2dEaqscnzEZLOZUcQ.jpeg)Businesses grow with rise in crypto assets demand!Crypto assets can be generated or mined using computers or servers that have the ability to solve complex mathematical problems. The computational efficiency of these computers in a large way, determines the rate and amount of digital coins created. **Higher the number of problems that get solved, higher is the difficulty of the problems coming next.** This prompts the miners to invest in competitive software and infrastructure to run that technology. As the prices of the crypto assets are increasing, demand for the supporting technology is also surging. Investment in the technology is not a huge concern for the miners as it can be easily recovered from the returns on mining activities. ![](https://cdn-images-1.medium.com/max/800/0*h2cemXxTbtNKS6Su.)[Source](http://mrarmageddon.blogspot.com.au/2017/07/cryptocurrency-mining-rig-build-video.html): A bitcoin mining rig.It is a given that with the growing demand for cryptoassets, miners need to upgrade their mining capabilities. They need a powerful rig and faster computational power. The mining rig comprises of a graphics card, a fan, a processor, sources of electrical power, memory and cabling. Most miners either buy complete rigs or build them themselves using these components. ### AMD Inc. increases graphics cards production ![](https://cdn-images-1.medium.com/max/800/0*j9et6tTqm45Dj9bS.)(Source: [Bitrazzi](https://bitrazzi.com/amd-gpu-production-mining/))Joseph Moore from Morgan Stanley has reportedly said, *“Cryptoasset mining seems likely to be driving more revenue than the company realizes, and the shortage of graphics that it has created is helping the overall business.”* AMD or [Advanced Micro Devices Inc](https://news.bitcoin.com/amd-increases-gpu-production-to-match-crypto-mining-demand/)., known for manufacturing graphics cards is often used for mining ethereum and other coins, plans to increase the production of their graphics cards. Currently running short of supply, the recently launched RX Vega GPUs along with the company’s Radeon cards are popular among the cryptoasset enthusiasts and miner community. The Graphics Division of AMD has been highly profitable and saw a $958 million dollar revenue from the last quarter of 2017. The company builds these processors particularly for the mining rigs. They also believe that their product is efficient enough to compete with their biggest competitor Intel Corp. GDDR5 and HBM2 are the two main types of memory used in AMD’s RX 400, 500 chips that have also been reported to be short of supply. ### Nvidia benefits from the crypto-rush ![](https://cdn-images-1.medium.com/max/800/0*6uU_cx57X-BJOH5r.)Source: [CoinSocial](http://coinsocial.io/2018/02/12/cryptocurrency-mining-demands-exceeds-nvidia-expectation-in-2016-q4/)Nvidia, the American technology company based in Santa Clara has joined the league of companies that are [benefiting from the surge in cryptoasset demand](https://www.bloomberg.com/news/articles/2018-02-09/nvidia-joins-amd-in-crypto-gold-rush-as-mining-boosts-results). As of January 28, 2018, the three-month period of the fourth quarter of Nvidia’s 2018 fiscal year, Nvidia reported a record revenue of $2.91 billion. That was inclusive of the $2.46 billion figure earned from Nvidia’s GPU business. Nvidia attributes the strong growth of the firm’s GeForce gaming GPUs to cryptoasset mining besides new games, holiday-season demand and e-sports. Along with these latest players in the market, Intel has been a market leader for about couple of years. The competition in the space is here to stay as long as the demand for crypto assets and blockchain technology continues to rise. While there are many companies fighting in the hardware space with their GPUs, there are several others playing in the semiconductor industry for computational chips and ASICs. ### ASICs industry benefits from the cryptoasset boom **Micron Technology Inc.** is one of the largest and most profitable U.S. makers of memory chips which also build the **bulk of the computational power of the mining rig.** In January 2018, Samsung announced that it has stepped into the ASIC chips manufacturing business. These chips will be majorly employed to mine Bitcoin and Ethereum, among other crypto assets. The Korean company has collaborated with an unnamed Chinese distribution partner and together are engaged in the manufacturing of cryptoasset mining chips. As more tech giants enter the space the quality of the technology is expected to surge and so is the competition. There is scope of improvement in the all departments of cryptoasset mining and transactions. Companies playing in that space will definitely benefit from the growing demand of crypto-coins. With the development of technology, there is scope of diversifying ventures in the cryptoasset world. There are multiple businesses that will benefit from the state-of-the-art technical infrastructure and software developments in this area. ### Also Read: **Categories:** Blog --- ### [Sweden just might win the cryptoasset race. Here’s how!](https://blog.unocoin.com/sweden-just-might-win-the-cryptoasset-race-heres-how/) **Published:** April 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*cspo2oQWnf3Y7qxY92CgWg.jpeg)Sweden just might win the cryptoasset race. Here’s how!Counterfeit notes, off-the-books transactions, storing of black money in notes and coins and more — all crimes related to hard, paper cash. As digitalization continues to enter almost all aspects of our lives, cryptoassets are proving to be a safer and more viable option for our financial dealings. If handled properly, they certainly do have their own place in the global economy. Governments all over the world are having to accommodate cryptoasset dealings in their citizens’ daily lives. And in this race, Sweden is by far, leading. Citizens of Sweden are already quite comfortable with cashless transactions. Reports have said that even street musicians and beggars are known to deal in cashless transactions. The people of Sweden use exclusively electronic payments now, rarely using cash payments. Thus, it is no surprise that Sweden will be the first country to introduce its own national cryptoasset — called **‘E-krona’.** ### Will Krona be replaced? Rather than discrediting the national currency, E-krona will be used to supplement it. People will have the option of using whichever method of payment they feel comfortable with. In an economy where cash use is minimal, the central bank is stepping in with an alternative — a backup asset, should cash be no longer a feasible form of payment. Sweden’s Riks bank is extensively researching the viability of E-krona. It will not be introduced for the next couple of years, however, it is already predicted to be extremely popular. ![](https://cdn-images-1.medium.com/max/800/0*-3ukuxaNEiEGKd8V.)However, we must look at the other side of the coin (pun unintended). If introduced, the cryptoasset must be used for both small and large transactions, otherwise, it may cause much inequality within the transactional procedures. Security is another issue, as we have seen with the occasional hacks. While these may be rare, and certainly unusual, however, if used nationally, can cause panic should the cryptoasset servers be hacked. ### Regulation plans for E-krona Speaking of systems, we haven’t yet spoken about regulation. One option is the **register-based, peer-to-peer transaction system**, as used in Bitcoin. The other is the **value-based system,** where points or credits can be added to a card which will act as an intermediary between the user and the database. The local government trusts the register based, blockchain system, as it is less prone to fraud and/or being stolen. While it would take a longer time to set up, it would be more beneficial in the longer run, analysts at Risbank said. Emergence of E-krona certainly will bring about a change not only in Sweden’s but that of the world’s as well. Seeing how cryptoasset will be a form of monetary transaction trusted by a country’s government, other countries too, will have their own form of such asset. And who knows? We may soon be heading into a completely digitized financial system! ### Also Read: **Categories:** Blog --- ### [Announcement: Now, 2 Unocoin apps for users — Unocoin Wallet & Unocoin Exchange!](https://blog.unocoin.com/announcement-now-2-unocoin-apps-for-users-unocoin-wallet-unocoin-exchange/) **Published:** April 12, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*QJg6Z9Iu_4yGN_UaZOCKRQ.jpeg)2 Unocoin apps for users — Unocoin Wallet & Unocoin Exchange!Always one to prioritise user experience and comfort over anything else, the Unocoin team is at it again. After a series of pro-user moves — from launching a [multi crypto open order book exchange](https://blog.unocoin.com/unocoin-launching-multi-crypto-exchange-d9badd48ca2f), then [bringing it to the web](https://blog.unocoin.com/unocoins-multi-crypto-asset-exchange-comes-to-the-web-10a64379d36), to the first ever case of [cryptoasset bonuses on maker transactions](https://blog.unocoin.com/unocoin-announces-maker-bonus-in-bitcoin-83fbaaca4338) — Unocoin has now made it even easier for users to trade (and store) their cryptoassets. Starting today, Unocoin’s app will split into two: - The Unocoin Wallet — which will allow users to store their crypto assets, much like any other crypto wallet. It will also offer brokerage services, allowing you to buy and sell your crypto assets using the classic Unocoin brokerage platform. - The Unocoin Exchange — which will now cater to users looking to trade their cryptoassets on its open order book exchange. The exchange supports all the most popular crypto assets: – Good old Bitcoin. – It’s popular offshoot — Bitcoin Cash. – Rising star Ethereum (Getting started on Ethereum? [Here’s all you need to know!](https://blog.unocoin.com/all-you-wanted-to-know-about-ethereum-5380ae5acf4c?source=collection_home---6------9----------------)) – Ripple – Litecoin, and – Bitcoin Gold ### No Change To User Data This migration is being performed without any hiccups to users. With both apps and services running on the same Unocoin backend servers, users will retain their login credentials and transaction history across the apps post the split. For you — the user, nothing changes — except for the fact that you now get distinct apps that run faster and better. Moving forward, the Unocoin Wallet can be used to store your crypto assets, and to buy or sell them from Unocoin’s accompanying brokerage services. If you’d like to indulge in traditional trading (and [explore beyond Bitcoin](https://blog.unocoin.com/coins-beyond-bitcoin-the-ones-to-watch-out-for-f5f6d37266df) while you’re at it)- the Unocoin Exchange is at your service, with its low taker fees (0.6%), and — [as we covered previously ](https://blog.unocoin.com/unocoin-announces-maker-bonus-in-bitcoin-83fbaaca4338)— a Bitcoin bonus (0.3%) on all your maker transactions. Download the Unocoin Wallet app here (Android), (iOS)and the Unocoin Exchange app here (Android), (iOS). ### Also Read: **Categories:** Blog --- ### [Building digital, blockchain-based economies: what can India learn from Belgium and Singapore?](https://blog.unocoin.com/building-digital-blockchain-based-economies-what-can-india-learn-from-belgium-and-singapore/) **Published:** April 14, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*L9QWCyEJ_M6gjPz8onnVaw.jpeg)Building digital, blockchain-based economiesIndia started its journey to become a digital economy about half a decade ago. As of today, the mission is to make India’s digital sector worth $1 trillion in the next five years. Big Data Analytics, Artificial Intelligence, blockchain, Internet of Things and Robotics are not only creating jobs in multiple industrial sectors, but are also making room for development and advancement. With Blockchain tech layering up on the niche technologies, all societies are opening up to the new concept and are incorporating it in every technological venture.. ### How blockchains could change the world ![](https://cdn-images-1.medium.com/max/800/0*iywNdVmBvH37sAPq.)Despite the buzz around Blockchain, it is simply to understand — it can be interpreted as a decentralized database that runs on secure encryption systems. It is a distributed and open-source database. That’s why users can actually happening in the backend! The design of the technology is truly peer-to-peer, which takes away the need of a central authority or a powerful intermediary. Moreover, state-of the art encryption algorithms used in blockchains turn them it into an immutable, unhackable decentralized database of digital assets. Through mass collaboration and clever code, Blockchain technology can disrupt the functioning of almost any industry or economic sector. The music, art and creative sectors can use Blockchain to spread their content by putting it all up on decentralized Blockchain platforms for everyone to see and admire. People using it for financial purposes can use it to transfer and store money, trade on various economic platforms and also keep a record of all their transactions and savings. Sectors like education and research already use it to make resources available to an audience that might not readily be available to them — thanks to only a few central organizations that govern the academia. The advertising and media industry sees a ray of hope in the use of Blockchain technology to get past hurdles like ad-blocking software and low engagement of users. Customer verification, cloud storage, supply chain, manufacturing, networking, smart environments using Internet of things and even healthcare are adopting Blockchain technology in different facets and forms. With Blockchain being adopted across various industrial verticals, it simply proves that all economies across the globe can adopt Blockchain at the heart of it. ### Role of blockchain in India’s biggest economic goldmine: agriculture ![](https://cdn-images-1.medium.com/max/800/0*yQBUDvZBS3cK8I2x.)(Source: [Accenture](https://www.accenture.com/mu-en/insight-accenture-digital-agriculture-solutions))Agriculture too, is one of the major adopters of Blockchain technology. Food contamination, adulteration and frauds are on the rise as people question the quality of food they are receiving. India being a hugely agriculture-dominated economy is also facing the threat of poor food quality. Blockchains can ensure accountability, traceability and quality of the food, provided by high-end brands as well as local markets by increasing competition in the FMCG space. Food supply chains are deemed inefficient because of asymmetry in how information and resources flow. Since farmers, especially in the developing economies end up not receiving timely information on vital factors like food demand, weather forecasts and changes in the market trends, they end up losing a huge share of the benefit that they can actually churn out. Blockchain technology brings in improved data sharing that helps reduce issues of food waste. Members of the supply chain can also access all the information throughout the chain thus making the entire supply chain system more democratic. This results in lesser food wastage and more profits going back to the rightful stakeholders — the farmers. Blockchain will also help farmers trace the authenticity and quality of products they buy for further generating quality produce themselves. Additionally, processes like plot registration and disbursement of subsidies can become more effective and convenient with the advent of Blockchain technology. ### Learnings from across the globe Looking at the case studies of Blockchain being used in various industries, it is pretty clear that building a digital blockchain-based economy is possible. However, leveraging learnings from across the globe can always help us in moving towards the aim of a digital nation seamlessly. Estonia, Russia, Japan, UAE and Denmark are some of the countries that are keeping the world on its toes with their moves of going digital and adopting Blockchain in their grassroot operations. ![](https://cdn-images-1.medium.com/max/800/0*SZ0aGn2XP4IWexd0.)(Estonia’s Digital ID. [Source](http://estonianworld.com/technology/estonia-hits-10000-e-resident-milestone/))[Estonia](https://medium.com/e-residency-blog/welcome-to-the-blockchain-nation-5d9b46c06fd4)’s e-residents are issued a digital ID card designed on the basis of blockchain infrastructure in the backend. These cards employ advanced cryptographic encryption functions and allow the citizens to access various public and social services. They can **verify the integrity of the records** on a blockchain ledger platform storing government databases. A voting system based on blockchain technology validated by Nasdaq will now allow company shareholders to make important organisational decisions. Estonia is also adopting Blockchain in its healthcare sector and has successfully rolled out 1 million insured health records. Updating healthcare records on the blockchain prevents medical fraud and malpractices like hacking as it makes it impossible to hide any trail of manipulations. Singapore on the other hand is adopting blockchain in one of the most profitable industries in the world, **aviation.** Singapore Airlines has designed a **blockchain-based wallet** to motivate its most frequent travelers to use their services further. While the company is developing its own distributed ledger technology in cooperation with Microsoft, customer satisfaction is at the top of Singapore Airlines’ priorities. Singapore had also launched **‘Project Ubin’** to integrate blockchain technology and tokenization in their monetary and banking services. Cross-border payments and security implementation in delivery of payment were two major focus areas of the initiative. A non-profit Singapore based firm, **VeChain** leverages blockchain to solve the problem of lack of product authenticity in supply lines like pharmaceuticals, logistics, manufacturing production lines, transportation, luxury goods, wines and even agriculture. The core of the concept is in tracking items across the supply line and hence, reducing the risk of quality manipulation or product authenticity. The supply goods are given a unique Vechain ID (VID). It is a unique code that can be scanned to determine the product’s authenticity and allows all stakeholders in the supply line to track the products remotely. They are now in [conversation](https://themarketmogul.com/vechain-belgium-talks/) with the Belgian Deputy Prime Minister, Alexander De Croo to discuss how the blockchain technology could be incorporated in Belgium’s digital initiatives. ![](http s://cdn-images-1.medium.com/max/800/0*ItUk3zrGMkGI4u1D.)All these success stories and more are a sign that the world is moving towards a digitized and blockchain-based model. India is one of the countries moving towards the digital model. With the technological concept incorporated through industries like banking, manufacturing, healthcare and agriculture, [India](https://yourstory.com/2018/02/top-5-industries-benefit-blockchain-technology-india/) definitely has a huge opportunity in creating a decentralized, secure and distributed economy. ### Also Read: **Categories:** Blog --- ### [When is the right time to enter and exit the cryptoasset market?](https://blog.unocoin.com/when-is-the-right-time-to-enter-and-exit-the-cryptoasset-market/) **Published:** April 16, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Ws9j61oCNfc2FfLqUR6C5Q.jpeg)When is the right time to enter and exit the cryptoasset market?The cryptoasset market has made its way up in the news due to phenomenal price increments in all the coins we keep seeing. While the market is volatile, cryptoassets like Bitcoin have shot their way up in the price graph within only the last few years. What’s more interesting is that it does not seem to be slowing down anytime soon either! For instance, Bitcoin started off at $1000 per coin at the beginning of 2017 and rose up to $17,000 before the year ended. With such changes in its dollar value, most investors even claim that it can go up to a hundreds of thousands of dollars in the next 20 years. Cryptoassets made a huge leap from being just an academic concept to a reality with the creation of Bitcoin in 2009. Its soaring prices captured the imagination of many investors, opening the doors for more such assets to enter the marketplace. Riding on the back of Bitcoin’s success, cryptoassets like Ethereum, Ripple, Litecoin etc. have also been seeing some positive actions in their price graphs. Many are understandably flocking to these other cryptoassets in the hope of catching on the next Bitcoin. Let’s give you a brief on them. ![](https://cdn-images-1.medium.com/max/800/0*AqsiZgHTVr1WvM8V.)Image Source: coincentral.com### Popular alternative cryptoassets - **Litecoin** — Litecoin has been designed for processing smaller transactions, faster. Litecoin was founded in October 2011 as **“a coin that is silver to Bitcoin’s gold,”** according to founder Charles Lee. As the name suggests, Litecoins can be easily mined by a normal desktop computer, unlike the heavy computer horsepower required for Bitcoin mining. Litecoin’s maximum limit is 84 million which is four times Bitcoin’s 21-million limit. Moreover, it has a transaction processing time of about 2.5 minutes which is one-fourth that of Bitcoin. - **Ripple** — Ripple was launched by OpenCoin, which is a company founded by a technology entrepreneur, Chris Larsen in 2012. Just like Bitcoin, Ripple is both a asset and a payment system. The asset component is XRP, which has a mathematical foundation like Bitcoin. As opposed to Bitcoin transactions that take over 10 minutes, the payment mechanism of the Ripple enables the transfer of funds in any asset to another user within seconds. - **Ethereum**– Ethereum is an open-source, public, blockchain-based digital asset that has a distributed computing platform. Its operating system features a smart scripting functionality. Introduced in 2015, Ethereum is considered to be one of the pioneer platforms in **distributed ledger and blockchain technology.** While the Bitcoin blockchain tracks the digital asset ownerships, the Ethereum blockchain focuses on running the programming code of any decentralized application. However, having kept this in mind, many questions still arise; as to whether these assets will eventually become conventional assets and as ubiquitous as dollars. Or whether they are just a passing fad that will flame out before long? So when should you invest in them? Or should you not participate in this market at all? ### Timing the cryptoasset market Many wonder if they should take advantage of the market’s volatility, and *buy on dips*, or just buy and hold for the long term without having to deal with timing the market. Cryptoassets face some limitations. For instance, your digital fortune can be erased completely by a computer crash, or a virtual vault can be ransacked by a hacker! However, when you think about it, which investment instrument is risk free? The risk associated with cryptoassets might be overcome with technological advancements in the near future. There is no right time to enter or exit this changing market. **While cryptoassets are volatile, picking the coins that offer some true fundamental value is likely to help you make gains over the long term**. Coins such as Bitcoin Cash, Ethereum, Ripple and more — with a vibrant active community and real developmental work being done, can seem to be good bets in that regard. The number of merchants who accept cryptoassets has steadily increased due to their rise in price. For cryptoassets to further become more widely used, they have to first gain widespread acceptance among more consumers. The largest risk of entering or exiting the cryptoasset market with an unknown, random coin is that it is unpredictable and volatile. The value of can increase overnight or even decrease the same way. While the idea of the merits and demerits of entering or exiting the cryptoasset market is highly debated upon, its supporters do point out its limited supply and its growing usage. So if you think you can stomach the volatility of a cryptoasset market, investing in it is a definite thumbs up. ### Also Read: **Categories:** Blog --- ### [Why are Bollywood celebrities so interested in bitcoins?](https://blog.unocoin.com/why-are-bollywood-celebrities-so-interested-in-bitcoins/) **Published:** April 18, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*OjHMGY9_m_Lf4Goq-6ehmg.jpeg)Why are Bollywood celebrities so interested in bitcoins?With the recent boom of bitcoins/cryptoasset market, many are deeply engrossed in this new **“in”** thing. Bitcoins/cryptoassets are digital, decentralized medium of exchange that you can earn through mining. Not the physically digging kind! But the one that involves solving complex algorithms and mathematical problems. This asset gives the user an anonymity unheard of in our traditional banking system — giving it an edge over fiat currencies. Further, the volatile nature of bitcoins (which seems to be only experiencing upswing since the launch of the asset) also makes it an eye candy for investors. Amidst all this hullabaloo, even celebrities have caught on to this craze of investing in Bitcoins. And why not? It is the future of trading, so it’s better to fasten your seatbelts and prepare yourself for the launch into a new era. From multiple sources on the internet, it can be seen that a lot of B-town celebs have jumped on to the crypto-investment bandwagon. Some of the prominent names are MTV Roadies’ host **Neha Dhupia**, Gangs of Wasseypur 2’s female lead **Huma Qureshi,** internationally famed stand-up comedian Vir Das, power couple of IPL **Raj and Shilpa Shetty Kundra,** Ranbir Kapoor starrer Rockstar’s female lead Nargis Fakhri, and beloved bahu of Indian TV Industry **Prachi Desai.** ### Why this new wave of celebrity investment? A lot of Bollywood magazines and portals have been talking about investments in bitcoins and cryptoassets. That seems to be one of the most prominent reasons for the new wave of celebrity investment in this grey unregulated economy. A lot of these websites have publicised the names of several exchanges/portals like Unocoin where you can initiate your investments. Even Bollywood celebs are influenced by peer pressure! Amit Bharadwaj, the founder of Amazing Mining and Research Limited wrote “Cryptoasset for Beginners.” This piece seems to have educated and inspired a lot of celebs about bitcoins and cryptoassets, so much so, that they see it as a viable investment option and are spending money on it. As far as the genuineness of Amit Bharadwaj is concerned, it seems to be slightly murky with general investors but he seems to have inspired a lot of people. No charges against him have been proved or verified that show him in a bad light. ### Looking beyond the trend We need not just look at the trend that B-town celebs are following, but also take a step back and take a look at the bigger picture. Bitcoins are not illegal, while they are unregulated. Being a decentralized asset no government has any control over it, as opposed to fiat currencies which they can inflate or deflate at any time. So while governments may not shift to completely cryptoasset based economies any time soon, they may just recognize it as a digital asset. In his recent speech in the Budget Session at the Parliament Hon’ble Finance Minister Mr. Arun Jaitley had clarified it to the people that the government does not recognize Bitoin as a asset, but that isn’t a change from their previous stance at all. ### Think like a smart investor Just like with any investment instrument, you must keep all the facts at hand. At the same time, don’t assume that just because you didn’t enter the market before today, it is too late to see some returns. Figure out your risk appetite, start small and take some calculated risks only after [researching about cryptoassets independently](http://www.unocoin.com). ### Also Read: **Categories:** Blog --- ### [How to buy Bitcoin in India with NEFT/IMPS/RTGS](https://blog.unocoin.com/how-to-buy-bitcoin-in-india-with-neft-imps-rtgs/) **Published:** April 23, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*JDWs0bs4plT8XdvtoPIeuw.jpeg)How to buy Bitcoin in India with NEFT/IMPS/RTGS?You can buy Bitcoin from exchanges that deal in cryptoassets like Unocoin in India. Before buying Bitcoins, you are required to register and submit some documents online. Here’s how you can buy Bitcoins with Unocoin, a leading cryptoasset exchange in India: ![](https://cdn-images-1.medium.com/max/800/1*KCvm_li0DlEG4Y984yyUcw.jpeg)- Download the Unocoin app on your smartphone. - On opening the app, you are asked to sign up. Fill in your email ID and set a password. You are then asked to set a six digit passcode that is required to enter the app and transact. - After you’ve signed up, you need to verify your profile. The verification process requires you to give your name, address and phone number. In addition, you have to upload pictures of your PAN card, Aadhaar card and a recent passport sized photo of yourself. - After you’ve given out the required details and submitted the pictures through the app, an agent from Unocoin might call you before your account is verified. - Once your account gets verified, you can now buy and sell Bitcoin or any of the other five cryptoassets that are supported by the app (Bitcoin Cash, Ripple, Ether, LiteCoin and Bitcoin Gold). ### Buying Bitcoin - Load your account with money from the bank. You can add money via a net banking facility offered by your bank. - You can also add money to your Unocoin wallet at the time of buying Bitcoin. - Once you enter the amount of Bitcoin you want to buy, a deposit order specifying the amount of money you need to transfer will be created. - Go to your bank’s net banking facility and transfer the required amount to Unocoin’s bank account via IMPS/NEFT/RTGS transfer. ![](https://cdn-images-1.medium.com/max/800/0*8N9k_mE9G2kokwP3.)- Enter the reference number generated by the bank after the transfer of money against the deposit order in the Unocoin app. After validation of the transfer by Unocoin, the money will be added to your Unocoin wallet. - After adding money to your Unocoin wallet, you can now buy Bitcoins. Transactions are processed in less than a minute and Bitcoins are added to your **Bitcoin wallet maintained by Unocoin**. You can also transfer these Bitcoins to another Bitcoin wallet outside Unocoin. Bitcoins can be bought **any time, any day of the week** on Unocoin. - You can also buy five other cryptoassets (Bitcoin Cash, Ripple, Ether, LiteCoin and Bitcoin Gold) with the money in your Unocoin wallet. Buying other cryptoassets on Unocoin is no different from buying Bitcoin and cryptoassets bought are stored in their respective wallets maintained by Unocoin. - You can also withdraw money from your Unocoin wallet to transfer back to your bank account. If you are adding money to your Unocoin wallet through net banking, here’s how the different modes of fund transfer (NEFT/RTGS/IMPS) differ from each other: - **National Electronic Funds Transfer (NEFT)** — You can choose NEFT as the mode of payment when transferring funds to your Unocoin wallet. NEFT payments are processed in batches (every half an hour) during bank’s working hours. Thus, this facility is unavailable beyond bank working hours or on Sundays, 2nd and 4th Saturdays and public holidays. A nominal amount ranging from 2.5 rupees (for less than 10000 rupee transactions) to 25 rupees (more than 5 lakh rupee transactions) is charged as service fee with added GST (Goods and Services Tax). NEFT is suitable for low-to-mid value transfers that don’t have to be executed on priority. Banks have differing caps on the maximum amount that can be transferred using NEFT. - **Real Time Gross Settlement (RTGS)** — Transfers using this mode of payment are initiated as soon as the request is received. Recommended for large money transfers (minimum value — 2 lakh rupees). This transfer is done by the RBI (Reserve Bank of India). Working hours are from 9 a.m. to 4:30 p.m. on weekdays and from 9 a.m.-2 p.m. on Saturdays. - **Immediate Payment Service (IMPS)** — This service is provided by the National Payments Corporation of India (NPCI). Funds can be transferred any time any day of the week at very low charges (maximum of 3 rupees + GST). Transfers take place in real time. A maximum of 2 lakh rupees can be transferred in one transaction. Transfers are validated by the Unocoin team in less than three to four hours, though on occasion, it might take up to twenty four hours, due to a large number of transfers. If deposits are done in the evening or on the eve of bank holidays, it might take a day before the transfer is reflected in your Unocoin wallet balance. If you have trouble depositing money in your Unocoin wallet, email or call the toll free number 1800–103–2646 (7am-11pm, Mon-Sat). Other enquiries can also be directed to the email ID or the toll free number. Any requests for changes in transactions can also be sought through these channels before being carried out by Unocoin. For more on how to buy Bitcoins, visit [Unocoin](https://www.unocoin.com/how-it-works). You can also have a look at [FAQs here](https://www.unocoin.com/faq). ### Also Read: **Categories:** Blog --- ### [Bitcoin: A currency for P2P lending?](https://blog.unocoin.com/bitcoin-a-currency-for-p2p-lending/) **Published:** April 24, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*ByDIuxhOdVYqPg_xN6PTPw.jpeg)Bitcoin: A asset for P2P lending?Bitcoin investments can be pretty dynamic [thanks to its volatility](https://blog.unocoin.com/when-is-the-right-time-to-enter-and-exit-the-cryptoasset-market-586faa64e0d3?source=collection_home---6------1----------------). You can always hold your bought Bitcoins and wait for profits, but why not put them somewhere they can grow up to an even bigger value? Ever considered P2P Lending? ![](https://cdn-images-1.medium.com/max/800/0*8rwbbqldRuHfxKmk.)Bitcoin Lending### What is P2P Lending? Peer-to-Peer Lending is a system of online lending through platforms that allow individuals to lend or borrow on an individual basis. [Peer to Peer Lending](https://www.i2ifunding.com/) returns are higher than those of bank loans and the interest rates for borrowers are flexible and negotiable. With the great return on value and all the perks around P2P lending investments, many organisations have considered using Bitcoin as their digital asset. If you believe the price of Bitcoin would increase and you want to earn interest on your investments, P2P lending is an excellent opportunity. ### How can you invest Bitcoin in P2P Lending? [This requires **creating a wallet**](https://blog.unocoin.com/the-best-offline-bitcoin-wallets-3ae92f74f981) in a Bitcoin Lending organisation. After creating a wallet a lender would have to transfer Bitcoins into it. There would be multiple investment options in the form of loans you can give out. As you choose your option and invest in a particular loan, you would have to wait till that loan has been fully funded. As soon as this happens, you will get monthly repayments with interest till the loan matures. As different borrowers have different repayment constraints, this allows you — the lender — to adjust your levels of risk before investing your cryptoasset. However, you always need to be cautionary when choosing the correct borrower who is most likely to NOT default on their loan! Now with the addition of Bitcoin, it adds much more caution, as Bitcoin sum once lost might never be recovered. But with the specialised credibility systems provided by these cryptoasset lending wallets, it is easier, secure and more beneficial to invest. Moreover, your loan repayments would go straight into the wallet, and you may reinvest them or send them to an exchange and exchange it for fiat currency. ### More on Bitcoin Lending investments - **Diversification** of your portfolio is obviously beneficial. The lending opportunities you choose might give you higher returns, but it is not necessary that only one option works best at all times. It is better to invest the same sum in different borrowers from the available opportunities. So, with the inclusion of the leading cryptoasset, your investment covers two broad spheres and hence is well diversified. - **Higher returns** are possible in lending with transactions taking place in Bitcoin. This is actually a dual advantage. The value repayments would go higher with an increase in Bitcoin value. Bitcoin lending becomes a long term investment with 1 year or 2 year loans. If the value of Bitcoin increases rapidly for the next few years like it has been in 2017, Bitcoin lending could prove to be gold. - In-spite of the fact that Bitcoin investments are in the “wait and watch” category, it is always advisable to find a way to **utilize this commodity-like cryptoasset for reinvestment**. Lending them would not only bring monthly repayments in Bitcoin but repayments in a asset that holds a lot of money even in small portions. Conclusively, Bitcoin Lending can [prove to be a huge success](https://blog.unocoin.com/bitcoin-success-stories-you-didnt-know-about-913ae5c13eec). But keeping in mind the volatility [and added risks](https://blog.unocoin.com/why-is-bitcoin-so-controversial-527caf8ee4c7), investors must always be aware and understand all their choices before taking any step. ### Also Read: **Categories:** Blog --- ### [European investor George Soros leaves Facebook for crypto-focused Overstock.com](https://blog.unocoin.com/european-investor-george-soros-leaves-facebook-for-crypto-focused-overstock-com/) **Published:** April 26, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*2DhOo138fBAskfsgLcwqEw.jpeg)European investor George Soros leaves Facebook for crypto-focused Overstock.comGeorge Soros, famously known as ‘the man who broke the Bank of England’, has invested in crypto-centric Overstock.com. The billionaire investor bought about 2.5 million shares of Overstock.com, an e-commerce company focused on home goods and clothes with recent forays into cryptoasset trading. The investment by Soros fund management comes in the wake of a 23.5% jump in share prices of Overstock.com after the company made public its plans to trade cryptoassets on a subsidiary platform last September (2017). ### tZero — Launch of crypto trading platform ![](https://cdn-images-1.medium.com/max/800/0*BGYQSP1OCbrPbqlP.)tZero, an ICO trading platform, is set to be launched by Overstock.comOverstock.com has been a believer in cryptoassets from the very beginning, as the company started accepting payments in Bitcoin from 2014. Patrick Byrne, the company’s CEO, is a huge fan of cryptoassets and is bullish on the future of Bitcoin and Blockchain based technologies. The company has partnered with two other firms RenGen and Argon to create an ‘alternative trading platform’ for cryptoassets. Calling it a ‘distributed ledger platform for capital markets’, the company plans to enable trading of coins distributed through Initial Coin Offerings (ICO) in a regulated environment. The platform is set to be run by tZero, a majority owned subsidiary of Overstock.com. While Initial Coin Offerings (ICOs) have increased exponentially in number after the cryptoasset boom of 2017, a lack of regulation has deterred seasoned and institutional investors from participating in these offerings. That a large number of ICOs have proven to be duds and scams doesn’t help in any way either. While ICOs have had a rousing public reception as people vie for a share of the next potential crypto success, market regulators have been less than enthusiastic about these novel fundraising endeavours. Some countries such as China and South Korea have a blanket ban on Initial Coin Offerings while other countries such as Switzerland are bringing in regulations for ICOs. The legal status of Initial Coin Offerings in most countries is still unclear, though they are generally considered to be equivalent to securities. The launch of regulated platforms like tZero might help regulators adopt a more friendly stance towards Initial Coin Offerings. Soros’ investment makes him the third largest shareholder in Overstock.com, with a share value of over $150 million. Overstock.com has had a phenomenal 2017, with an impressive rise of over 200% in share prices. Soros had earlier commented on cryptoassets and the Blockchain at the World Economic Forum (WEF) this January. While Soros believes that Blockchain is a useful technology that could be put to productive use, he has also put down cryptoassets as ‘typical bubbles’. ### Soros’ fund management — Other investments In other investments, Soros’ fund management firm has invested in Snap, buying around 150 thousand shares of the social media company. The firm has also bought 71500 shares in Netflix and 15700 shares in Twitter while dumping shares in Facebook after Soros called it a menace. Though Soros has been critical of Google, his management firm has bought 1600 more shares, taking his total holdings to 4600 shares. Following a mega rally in cryptoasset prices through 2017 spearheaded by Bitcoin, cryptoassets have entered popular discourse and have captured the fancy of a class of investors. Thousands of Initial Coin Offerings were launched as investors lapped up any and every fundraiser associated with cryptoassets. After a series of frauds, the frenzy surrounding cryptoassets has deflated. Yet, still, companies reap windfall profits after announcements related to cryptoassets or just attaching the term ‘Blockchain’ to their names with massive upticks in share prices. This has prompted the SEC (Securities and Exchange Commission) to warn companies of increased scrutiny if they incorporate the term ‘Blockchain’ to their names without undertaking any activity sufficient to warrant such addition. ### Also Read: **Categories:** Blog --- ### [How does a server update affect Bitcoin trading?](https://blog.unocoin.com/how-does-a-server-update-affect-bitcoin-trading/) **Published:** April 30, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*z91PsbHM90r8OksyU8k4lw.jpeg)How does a server update affect Bitcoin trading?All online services (including Bitcoin exchanges) are hosted on stacks of physical hard drives, called servers. These servers are maintained in data centers throughout the world. They must be secured against all possible vulnerabilities. A primary security concern is getting hacked. In order to protect a data center from getting hacked, servers need architectural updates as businesses scale and expand to enhance efficiency and optimise operations. The upkeep of servers becomes much more important if sensitive information is involved, particularly in the case of online financial services. Routine server checks and updates, though inconvenient, are absolutely required to effectively push back against the scourge of constantly evolving hacking techniques. ![](https://cdn-images-1.medium.com/max/800/0*XRZk4S51IM4V8f0_.)Server updates help secure the system against hacks and malfunctions### Scheduled updates As far as non-financial online services are concerned, server updates might even be a routine housekeeping activity. However, it can have huge implications for a service such as a bitcoin exchange. At Unocoin, customer interest is taken very seriously and all possible measures are undertaken to notify users well in advance of a scheduled suspension of service. A scheduled suspension of service happens when there’s an ongoing server update, an upcoming hard fork or might rarely be due to the directions of regulatory authorities (SEBI). **Users will be notified well in advance through their registered email accounts/sms, in-app notifications and posts online on the Unocoin website, blog and social media accounts**. Most scheduled server updates last a day or less, so you can be up and trading on Unocoin very soon. **Messages are also sent out to users as soon as the service is restored**. Any unexecuted pending orders are executed once the service is back online. Pending money deposits are also processed after the service is restored. ### Unscheduled updates/troubleshooting Unscheduled updates are due to unforeseen server problems that might arise as a result of DDoS (Distributed Denial of Service) attacks (where overwhelming traffic brings down the server), protective shutdowns in response to hacking attempts and other server malfunctions. Unocoin has been working hard to secure its servers against hacking and has introduced a number of security measures such as two factor authentication where, in addition to your password, a passcode is required to login every single time and for authorising crypto transactions. Messages are sent out to the customer as soon as the transaction is initiated and a **call to the customer** is made before approval of transactions which appears suspicious. Also, only small transactions are processed automatically and **large transactions always entail a customer call.** In addition to making **two factor authentication** mandatory, Unocoin also sends out warning messages to users urging them NOT TO give out their account details via email/sms/call requests from fraudsters. **Trading is suspended during the shutdown and users are duly notified about the shutdown**. Notifications are also sent to users as soon as the service is active again. **Unocoin would try its best to take the responsibility in keepings its servers safe from all the external threats but losses due to user action (resulting from malicious apps, clicking on malicious links, hacks of the user phone, email accounts etc) are not reimbursed.** In more than four years of its existence, Unocoin has fended off innumerable hacking attempts thanks to our **robust security system.** Through the years we’ve dedicated our resources to implementing the best security protocols to secure your funds. Unocoin takes help of expert security consultants and is also registered on hackerone.com, a leading bug hunting site, to promptly identify and fix bugs or security vulnerabilities. So far, Unocoin has had just one limited hacking of its servers, which was identified early last June (2017) then the vulnerability was immediately fixed. Minimal fund losses were incurred and users who’d lost funds were duly reimbursed. Another attempted attack following **server migration** through a third party service was warded off and vulnerabilities were patched. As a financial service with utmost commitment to the safety of customer funds, Unocoin is constantly on the vigil and will continue to take all measures to secure user funds and ensure a safe experience. Information regarding upcoming updates/unscheduled shutdowns, changes to policy, new cryptoasset support and Unocoin’s stance on hard forks can be found at [blog.unocoin.com](https://blog.unocoin.com/). You can also send in your enquiries to or call the toll free number 1800–103–2646 (7am-11pm, Mon-Sat). ### Also Read: **Categories:** Blog --- ### [What happens if you forget your bitcoin wallet keys?](https://blog.unocoin.com/what-happens-if-you-forget-your-bitcoin-wallet-keys/) **Published:** May 2, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*cWhE9sQi08sv2xJghEbGog.jpeg)What happens if you forget your bitcoin wallet keys?The rapid acceleration in the price of bitcoin in 2017 has had holders mesmerised. The asset’s soaring value has sparked renewed interest in many old assets holders with wallets containing **digital dust** worth a significant amount. This has prompted the search of passwords and key phrases. If you look around, everyone’s got a **bitcoin hard luck story** to share, whether it’s selling too early or suffering a hack. However, one of the most frustrating situations could be forgetting your bitcoin wallet key altogether! In bitcoin’s earliest days, they were easier to come by, and not much attention was paid to a few fractions of a bitcoin left lingering in one forgotten wallet. Few years later, those fractions of a coin are worth more than tens of thousands of dollars. Numerous tales have emerged of account-holders driving themselves insane trying to recall the passphrase for a wallet they haven’t accessed in years. ![](https://cdn-images-1.medium.com/max/800/0*n64kfUtkppljUc5h.)Source: News BitcoinBitcoin carries out transactions with the help of cryptography. The system functions by using two pieces of information to authenticate messages — a **private key** and a **public key**. ### What are these keys? A ***public key*** essentially identifies a recipient or sender, and can be distributed to others. A ***private key*** is used together with the public key to create an unforgeable message signature. The private key must be kept secret. **A Bitcoin private key is simply an integer between one and about 1077.** ### What happens if you forget your bitcoin wallet keys? This vast keyspace plays a vital role in securing the Bitcoin network and the transactions that take place within this huge network. These private keys are mostly encrypted and are required to be kept a secret. With encryption, the private key can only be deciphered with the help of the password that was set during the encryption process. Transactions are essentially **messages signed with a private key that authorizes them**. This is done to prevent forgery. Without the correct private key it is impossible to fake transactions. Wallet software carries out transactions by generating a digital signature by mathematically processing a transaction together with the correct private key. ### Message tampering A transaction signature differs from a physical signature on a cheque. A transaction signature changes if the transaction changes even slightly. Safety is ensured as the way the signature changes is unpredictable, ensuring that only a person in possession of a private key can provide the correct signature. If you forget your bitcoin wallet keys, you would lose access to all your bitcoin. Also, a potential risk of your funds being stolen could loom over you! Private keys should therefore be kept secret. It is important to select the private key carefully as it could lead to theft just as easily as its accidental release. Many software wallets support ***sweeping***. A sweep basically ends up creating a new transaction paying one of the software wallet’s existing addresses. To avoid losing your wallet keys, it is imperative to **create a backup** of your Bitcoin wallet. Should you forget your Bitcoin wallet keys, you could approach your company for the recovery process, however, you need to have a good idea of your initial password and see if the process works for you. ### Also Read: **Categories:** Blog --- ### [The Crypto Market Rebounds Back: Top Coins to Watch Out For](https://blog.unocoin.com/the-crypto-market-rebounds-back-top-coins-to-watch-out-for/) **Published:** May 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*JTrgK0yvs1K0UOKZ4kOSdQ.jpeg)The Crypto Market Rebounds Back: Top Coins to Watch Out ForAnybody who is ready to take the risk can enter the cryptoasset world with a smiling face! This market is extremely lucrative and recent statistics about them is the proof. The market which had started with Bitcoin priced at mere $13 in 2013, has now become a massive industry with many other cryptoassets — like Ripple, Bitcoin Cash and Ethereum. Though they faced a setback in the last months of 2017, the last few weeks have emphatically shown that it is time for cryptoassets to rebound. The total cryptoasset market capital has reached $450 billion dollars today! That’s a huge comeback. This market has not gone up due to the success of any one cryptoasset in particular, but a lot of them. Here are the top five gainers that have gone up in the recent times and contributed largely to this bull run. ### Bitcoin Undoubtedly, Bitcoin tops this list. With a market capitalization of $155,070,921,616, Bitcoin is ruling the cryptoasset market since the time it was launched. Just like any other market, Bitcoin too saw some decline during January 2018, but it has come back in the market since February 2018 with a 33% increase from its low barely a month ago! ![](https://cdn-images-1.medium.com/max/800/0*WLH1Qlp-_vtEGwKK.)### Ethereum Launched in 2014, Ethereum’s main primary was to pursue further decentralization. It solves the problems faced by Bitcoin to some extent! It gained momentum when Bitcoin fell to low prices. Since then, it is always on the list of top cryptoassets with a total market capitalization of $67,112,575,057 at the moment. The coin took quite a hit, going from a high of more than 1,00,000 INR in January, to a low of 18,000 INR in early April. Since then, it has rebounded handsomely to stay about the INR 50,000 mark. That’s an increase of more than 154%! ![](https://cdn-images-1.medium.com/max/800/0*g7A_2WnMnlDnsB7K.)### Ripple Ripple is considered by its fans to be Bitcoin’s logical successor. Launched in 2012 in California, Ripple is not only a asset but also a system which can be used trading or transfer of any asset. Today, the total market capitalization for Ripple is around $33 billion! It’s continued its gains with a 100% rise from a low of INR 27 to its current INR 55+ rate, much like Bitcoin. ![](https://cdn-images-1.medium.com/max/800/0*Qc5igoWrftDOV--f.)### EOS EOS boasts of a fairly loyal following in the cryptoasset market. After having fallen to a low in the lower Rs 300s in February this year, EOS has risen in dramatic fashion, peaking at Rs 1395 in some markets. That’s a 4x increase in just a little over months! Its market capitlisation now stands at $15 billion, putting it at #5 on the list of coins by marketcap. ![](https://cdn-images-1.medium.com/max/800/0*6ERSRak5jsgap8QG.)### Litecoin Denoted by LTE, Litecoin is a cheaper and readily available option for many as compared to other cryptoassets. Launched in 2011, Litecoin focuses on merchants that need a large number of small transactions rather than huge amount transactions. Today, Litecoin has a market capitalization of around $8 billion. It’s gained slower than the other cryptoassets, going from about INR 7200 to INR 9800 — about 35%! ![](https://cdn-images-1.medium.com/max/800/0*OUslTPslOXhIfj_y.)### Tron With Tron’s mainnet launch nearing its launch date, the coin has unexpectedly been seeing huge buys and recovery in its price after the recent dip the crypto market experienced. With its market capitalisation back at $5.8 billion, the coin has quadrupled in value in just a little more than 2 months. That’s a more than 300% increase in value! ### Cardano Cardano is not to be left behind. Sitting in at the 6th position on the list of top coins, Cardano had taken quite a beating in the bear market, having lost 90% of its value in just 2 months between January to March. This naturally made it a very attractive option to investors, who have been buying back in droves, driving the price back up to triple its value, from $0.13 to $0.38. In other words, Cardano has risen 200%! Though these cryptoassets top the list, there are many others like Bitcoin Cash who have a large market capital which is expected to grow even more! Don’t wait and go for the trading of cryptoassets today and if you are worried about a reliable exchange, [get started on Unocoin](http://www.unocoin.com) — where you can trade in all the top cryptoassets. ### Also Read: **Categories:** Blog --- ### [How to maximize the returns on cryptoasset investments](https://blog.unocoin.com/how-to-maximize-the-returns-on-cryptoasset-investments/) **Published:** May 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*sPTPR6detLw-VMOL4c2Qxg.jpeg)How to maximize the returns on cryptoasset investments?India, like the entire world, is rolling in cryptoasset mania. From celebs to financial experts to common investors: everyone wants to cash in on this new digital gold. Everyone wants to get just one thing out of this rush for cryptoassets: **Returns!** But, how do we maximize these returns? What is the best strategy for investing in bitcoins/cryptoassets? When and what to sell and buy? These are all pressing questions that need to be asked and answered before purchasing any cryptoasset. Let’s explore some of the strategies that you should follow to maximize your returns on cryptoasset investments. ### Try to get a basic understanding of Blockchain technology Before investing your hard-earned money in any asset, you must understand how that investment instrument works. Treat cryptoasset just like any other asset and learn its ins and outs. - Imagine cryptoasset as a small pocket of data which has monetary value and can be tracked using blockchain technology. - Here, you need to visualize blockchain as a **public ledger** that is being updated in real time as and when any transaction takes place. Moreover, everyone who holds the cryptoasset, say bitcoin, has a copy of this real time public ledger. - The blockchain for bitcoin is designed in a manner that you can see how many bitcoins each bitcoin-holder has and who transferred to whom, or how, by whom or where a transaction was initiated. But this does not mean it is not anonymous. The blockchain features wallet addresses — not actual user names, so unless you know who a wallet belongs to, you cannot trace transactions. - This also creates a playground for illicit activities off the radar. Keeping in mind the current scenario where scams are prevalent in even traditionally “safe bets” such as the traditional banking sector, it might be worth it to explore your options and try something that is based on a decentralized technology. Governments across the world are taking measures to regulate this space so if your transactions are clear, you have nothing to worry about. ### Learn the basics of different cryptoassets There are several cryptoassets apart from bitcoins one can invest in. All these assets function based on the same technology, but differ a little bit in usage and applications. - There are some more suited to multi-level business transactions — such as Ethereum and Ripple. - There is your classic Bitcoin, then there is a spin-off of the same as Bitcoin Cash which is better suited for faster transactions and has greater units as compared to Bitcoin. - Then there are cheaper and smaller assets available in the market such as Dogecoin and Litecoin. All these assets make for good investment options depending on the amount you’re willing to invest and your financial goals.Understanding risks Just like any other instrument is prone to market risk — so are cryptoassets. We need to understand the inherent risks. - They are not illegal, they are simply unregulated which makes them exist in a gray area with respect to the law. - This puts your investment at slight risk of being declared illegal and you losing your money in the same, but the chance of this happening is very small as most of the countries are deciding upon the regulation with respect to digital assets. - Though, what could happen is that government may recognize some assets and declare some illegal. Therefore, one should be careful before investing in the crypto-market. Further, the volatility in the market also makes your investment susceptible to losses. Therefore studying and learning about the factors that can impact the value of your asset is very important. ### Update yourself on cryptoasset news Reading crypto-news will give you a recurring insight into the factors which can impact the value of your investment. There are several good portals that will keep you updated about the crypto-news. [Unoversity News](http://www.unoveristy.com) is one such all encompassing portal when it comes to international or domestic crypto-news. ### Open a brokerage account To deal in cryptoassets, you will need to create a digital wallet with a trading portal, where you can hold your asset, and exchange it for money. One such portal is of course — Unocoin, which offers a simple user interface using which one can easily deal with cryptoassets. On Unocoin, you can trade in Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Ethereum and Ripple! ![](https://cdn-images-1.medium.com/max/800/0*QvxlfXNG82lo5-HL.)### Choosing the assets to invest in Bitcoin is the oldest and the most well-established asset in the market but that should not make you feel that you have missed the train on bitcoin investments. There are close to 4 million more bitcoins left to be mined! There is scope for seeing a rise in the value of bitcoin. Further, you need not buy an entire bitcoin — you can invest a small amount and buy a part of a full bitcoin. Then, there are [several other cryptoassets in the market — called altcoins](https://blog.unocoin.com/coins-beyond-bitcoin-the-ones-to-watch-out-for-f5f6d37266df). You can make an investment as per your appetite, and them once you start making returns, start diversifying. You can invest in other assets using the returns you have earned in the market. Thereby, steadily building a diversified portfolio of digital assets, which will prove beneficial for you in the long-run. ### Being smart with your money This is very general advice anyone will give you about your investment — play safe, don’t get carried away in the investment frenzy, you need not invest all your life savings into the market, just take it slowly, understand the market, invest what you can lose without feeling the pinch if you suffer a loss (though looking at the market trend that’s highly unlikely, but who knows). To conclude, cryptoassets are the future of exchange, and sooner you take a plunge, the better it will be for you. You need not start as a user but do not miss out the chance of jumping in as an investor. The crypto-market has enough for everyone to offer and staying back will only hamper your own interests as an investor. Keep yourself informed, stay smart and only play with the money you can afford to lose. Who knows, you might come out making a decent bit of money if you play your cards right and do your due diligence! ### Also Read: **Categories:** Blog --- ### [Millennials find it easy to invest in Bitcoin than in stocks](https://blog.unocoin.com/millennials-find-it-easy-to-invest-in-bitcoin-than-in-stocks/) **Published:** May 14, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*GjH63qPwC6VFeBuDq58Ijg.jpeg)Millennials find it easy to invest in Bitcoin than in stocksIn 2017, Bitcoin nearly reached a peak value of $20,000 but still remains extremely volatile. In recent days the value of Bitcoin fell below $6000 which scraped more than $100 billion in valuation since February. The overall cryptoasset market has not fared any better and plunged more than 50 percent since early January. However, even after the extreme volatility of cryptoassets, some millennials are more comfortable putting money in the cryptoasset market rather than the stock market. What is the reason behind that? ### Why do millennials regard the stock market with skepticism? The willingness to invest in the cryptoasset market even after knowledge of its volatility is linked with the 2008 financial crisis and the stock market crash. Studies show that people between the ages of 18 and 39 are more reluctant to investing in the stock market compared to other generations. Many of them saw 50% or more money getting wiped off from their parents or older siblings. According to a survey of U.S. adults conducted by Bankrate, millennials prefer real estate, cash, and even gold ahead of stocks. Only 33% of the millennials invest in the stock market compared to 51% of their older generation. Bitcoin and other cryptoassets were created after the 2008 financial crisis. Moreover, these cryptoassets don’t rely on big banks. Bitcoin’s decentralized system brings with it a new hope for a new economy. Millennials have a troublesome trend of spending big, even if they lack the financial support. The ever-increasing exposure to media, which encourages them to find fulfillment in clothes, entertainment and other luxuries is a primary reason. Millennials seem to have different goals — they value experiences more than their previous generations. That’s why, millennials are more likely to spend on a vacation than their parents. Considering the variety of items in their shopping list, they tend to look towards cryptoassets as an instrument of investment. Regardless of the reason for their interest in cryptoasset, millennials are indisputably crucial to the survival of blockchains. With bitcoin viewed as digital gold, it is far from the mainstream finance. No wonder millennials prefer cryptoassets which keeps them away from the Wall Street. ### The recklessness of some cryptoasset fans Some cryptoasset fans believe that bitcoin is the ideal investment choice just because it is hot right now. [Andrea Coombes, retirement and investing specialist at personal finance resource Nerdwallet said](https://www.i2ifunding.com/blog/p2p-lending-nbfc-know-these-5-rbi-rules/), “This (trend) is pretty concerning,” she said. “If you want to spend money to play with cryptoasset, by all means, go ahead, but make sure it’s money you are willing to lose.” The tales of people getting rich quickly by investing in bitcoins has tempted many cryptoasset fans to invest in them. ### The trend Still, millennials are more than willing to invest in cryptoassets as account opening is easy and cheap. The barrier to entry is thus broken down. Apps like Acrons target millennials who are willing to invest in cryptoassets with small amounts of money. As the Dow has tumbled more than 1,000 points, many investors have been dealing in cryptoassets during the first week of February. Many millennials have never invested a single dollar in the stock market but are spending weeks researching cryptoassets. One such example is New York-based public relations associate Carissa Hilliard. She invested $100 in cryptoassets but never purchased even a single stock. “I’ve always wanted to invest but it seemed like you needed to have an extensive background in it to do well,” she said. “With crypto, I felt it evened the playing field more because it was new.” ### Also Read: **Categories:** Blog --- ### [Peter Thiel on Bitcoin](https://blog.unocoin.com/peter-thiel-on-bitcoin/) **Published:** May 16, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*5Ui9gOJDmvNIELA9NLBpAA.jpeg)Peter Thiel on BitcoinPeter Thiel, the founder of Paypal, a venture capitalist and a godfather to some sorts for Facebook, in an interview with the CNBC has spoken about his views of the world’s largest cryptoasset Bitcoin. According to him, he is betting on Bitcoin because it is the biggest of them all. “I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions,” Thiel says. However, he has scored a 50 to 80 percent chance that Bitcoin ends up being worthless. Also a 20 to 50 percent chance that it’s values goes even higher. Thiel has backed the idea that bitcoin could become a long-term storage asset rather than being a go-to asset. He believes that it is the online equivalent to gold. He also revealed that he does not believe in an entirely new payments system as according to him, Bitcoin does not qualify for such use. But for him, it is a hedge of sorts that remains while the whole financial system around the world is falling apart. Bitcoin has been working fine by dominating around 42 percent of the market capitalisation, followed by Ethereum with just 19 percent. On the notion of other cryptoassets beating Bitcoin in price, Thiel addressed the possibility of cryptos like Ethereum beating Bitcoin. “But, Bitcoin has a much greater appeal in its size. After all, gold continues to be gold as its the main asset class. Maybe it would be beaten by silver but it doesn’t look like happening.” Founders fund which is run by Thiel, bought $15 million to $20 million of cryptoasset in Bitcoin, which led to Bitcoin rising 9 percent inside 24 hrs of the purchase, earlier this January. Nonetheless, he still doesn’t encourage people to run out right away and buy cryptoassets. Yet, his optimism is restricted only to Bitcoin, not to all crypto-assets. In October 2016, at the Future Investment Initiative in Riyadh, Saudi Arabia, [Thiel said he thinks people are underestimating the potential](https://blog.unocoin.com/peter-thiel-people-are-underestimating-bitcoin-445db45e8a9d) which Bitcoin holds in the financial market. He has been a long time supporter of Bitcoin, and believes in the speculation of Bitcoin become the digital-gold-safe haven. With a monster investment and the optimism that Peter Thiel has shown in Bitcoin, it is clear that he is a big fan of the cryptoasset and does see the benefits of investment. He said that Bitcoin is based on the “security of math” which makes it very hard to hack. Hence, it becomes harder to mine than gold which somehow increases its constrained nature. Although Bitcoin has faced criticism, statements from investors of the stature of Peter Thiel in favour of Bitcoin do represent the high gain opportunities around it. His statements of Bitcoin being the digital gold have surfaced the internet like a storm and inspired many investors to indulge themselves in the mainstream and liquidity of Bitcoin. ### Also Read: **Categories:** Blog --- ### [Learning from the crypto-millionaire Alex Saunders](https://blog.unocoin.com/learning-from-the-crypto-millionaire-alex-saunders/) **Published:** May 21, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*guJS62ACHSH6E9DMQ9o_jQ.jpeg)Learning from the crypto-millionaire Alex SaundersBitcoin had hit a peak value of $20,000 sometime towards the end of 2017, following the prediction of 30-year-old multimillionaire Alex Saunders. When bitcoin hit a low of $ 8000, he added that even though the currency hit a low point, it will hit a peak eventually, saying these patterns remain similar to stocks and securities. Predictions remain true this time but Mr. Saunders calls Ethereum ‘3-dimensional’ — due to its phenomenal blockchain system that can be easily considered better than that of Bitcoin’s blockchain. The reason is that Ethereum’s advanced blockchain technology has several other applications other than finance. Even though Bitcoin is so ‘hot’ right now, it’s total market cap is only $110 billion. Gold has a market cap of $ 7.8 trillion. Having gained 1000% of his original portfolio, Saunders is a risk taker, investor and advisor in the crypto-trading industry. He considers crypto-trading his permanent job. Sander’s profits were large because he invested in Bitcoin sometime in 2012, when bitcoin wasn’t even hot. Catching on to trends is important, but Saunders also invests when he sees something for the long run, his switch to Ethereum was partially responsible for his 1000% gain, and he was attracted to the potential of **EVM (Ethereum Virtual Machine).** Saunders says investing in price crashes may pay off but as per market cap, cryptoassets still have a lot to catch up to. It remains to be seen what happens in the long run, but things look good according to this 30-year old who is optimistic about his predictions. Unlike the stock markets, cryptoasset trading does not have middlemen who get a part of your profits a.k.a. commissions. That’s why there is opportunity for investors to hold on to their profits as long as they understand the ups and downs of the digital asset they choose to trade.. The way it works is to switch between popular assets. For example, getting in on something like Ethereum that has the technology to power the future might be as good as the frontrunner i.e. Bitcoin. A good investment which is popular is good in the long run (but something like the second-best cryptoasset) is a good investment too — especially when bitcoin values reach their maximum level due to a short hike in the prices. These strategies can be helpful then to switch to a a cryptoasset like Ethereum, that has the potential to rise in future. ![](https://cdn-images-1.medium.com/max/800/0*Ny57TZwW9En0GCEm.)CryptocurrySaunders advises investors to read and research as much as possible before jumping into cryptoasset trading. He warns against trying to make fast money. Get used to the trading habits and patterns as there are continuous fluctuations in this market. All the money is made with vision, patience and by keeping a constant eye on your assets and their hikes in value. The digital assets’ market is new. Trading in cryptoassets is completely autonomous. Decentralization will open up a new system of paying for goods and services. Vendors can accept and people can pay in cryptoassets for items they order online. The potential for blockchains is evident but investors have to be careful about the ongoing scams with some assets and even exchanges. Finding the right platform to trade your cryptoassets is crucial. “Hackers are getting smarter, and better, said Saunders, in an interview with Gary Davis, another crypto-expert. We live in an age where technology meets trading to increase investors’ wealth. The market cap of a particular form of investment such as cryptoassets grows or shrinks so quickly, that it is almost a volatile game. However, it has the potential for the smart investors and traders to make profits from their trading strategies. ### Also Read: **Categories:** Blog --- ### [What Factors Are Influencing Blockchain Technology?](https://blog.unocoin.com/what-factors-are-influencing-blockchain-technology/) **Published:** May 22, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*2oeKZOQR9QPM92bKJH0R-w.jpeg)What Factors Are Influencing Blockchain Technology?A ‘blockchain’ is a list of blocks which grows continuously based on the amount of information that is added. All the blocks are linked to each other and secured through cryptography. Blockchain technology, which was first introduced in 1991 has gained immense popularity recently since it is the crux of the cryptoasset market. A rising demand for cryptoassets among investors has opened up an all new dimension for researchers to explore and make advances in this technology. But to eliminate any problems and working towards betterment, we need to know the factors that may fuel the rise of blockchain tech. ### The Public Blockchain being a relatively new technology is viewed with skepticism by many people. Many others aren’t educated/smart enough to take advantage. **A nation like India** — where people mainly rely on physical money — may not feel a dying need to adopt blockchain-based applications. On the other hand, a nation where people are deft enough to complete their transactions mainly through electronic media will find blockchain quite useful. There is a need to inject blockchain in developing nations as it will help not only in speedy and smooth transactions but will definitely result in increasing the GDP of the country, helping in socioeconomic development. ### Internet A blockchain without internet is nothing. Here comes a trade-off. We wish to promote electronic transactions but physical money holds equal significance in case of internet failure. Different network speeds in varied locations is a key factor that affects blockchain. A remote place with slow internet may find it difficult to adopt this tech. Internet Service Providers (ISPs) have the power to control the transmission rate of packets from one layer to another. We can say that the number and speed of packets transmitted and received can be varied thereby making blockchain perform poorly. Here comes another issue, that is of net-neutrality, which if it ends, will promote discrimination towards different blockchain applications. ![](https://cdn-images-1.medium.com/max/800/0*93cjUS2Vi1MuAuFY.)xenostack.com### Security and Privacy Blockchain brings within itself the concept of privacy. It is able to provide privacy to its users effectively because of the highly encrypted network it provides. But this gives birth to another issue. Privacy does help in anonymous transmission of information but in case of any discrepancy or criminal activity, there is nothing that can be done. No one knows from where the information is coming and where it is going. If someone steals my Bitcoins, cyber police is completely helpless because of the huge amount of encryption and decentralisation. On the other hand, although anonymous, all information is shared in a public ledger. Everything that is recorded by the blocks can be viewed by anyone and everyone. ### Cooperation among participants For effective functioning of blockchain technology, it is required that the markets, the exchanges as well as the people using blockchain applications cooperate with one another. Blockchain helps in eliminating the requirement of intermediaries for any task. A bank plays no role if a person wishes to buy or sell their Bitcoins. There’s no such thing as a cryptoasset broker! This transfers greater amount of power into the hands of market forces and exchanges. More power to the people basically means that there’s a need for high-level cooperation among the participants. A country like India could well do with this! ### Economic Inequality Economic inequality has become a major issue. In a recent survey by [Oxfam](https://www.oxfam.org/en/pressroom/pressreleases/2018-01-22/richest-1-percent-bagged-82-percent-wealth-created-last-year) (International NGO which aims to alleviate poverty), it was stated the top 1% individuals in the world own 82% of total wealth. Now if blockchain technology is given the top priority, it will obviously benefit the educated ones who have 24X7 internet access and own efficient electronic devices. These people aren’t poor, and can take full advantage of this tech. This yet again creates a difference between the haves and the have nots, thereby creating difficulties in their path to acquire wealth. The need of the hour is to recognize these factors and take huge steps towards revamping the blockchain technology. To know more about blockchain or trading in different cryptoassets, you can follow [Unocoin](https://blog.unocoin.com/). ### Also Read: **Categories:** Blog --- ### [What is OmiseGo?](https://blog.unocoin.com/what-is-omisego/) **Published:** May 23, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*_ZSFFmP5xU1a1xtseJFctA.jpeg)What is OmiseGo?**OmiseGO enables financial inclusion and interoperability through the public, decentralized OMG network.** OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is an open distributed network of validators which enforce behavior of all participants. It employs a proof-of-stake blockchain to enable enforcement of market activity amongst participants. OmiseGo network enforces exchange across different asset classes ranging across all blockchain tokens (ERC-20 style and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for the decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. It enables significantly reduce spreads and encourage market assurance via decentralizing custody and increased transparency in trade activity. This is achieved using smart contracts, protocol tokens enforcing correct market behaviour of order book matching. ### Also Read: **Categories:** Blog --- ### [New Blockchain centric jobs in the making?](https://blog.unocoin.com/new-blockchain-centric-jobs-in-the-making/) **Published:** May 25, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*BSXzKlhE9yQfN_0HWcvnFQ.jpeg)New Blockchain centric jobs in the making?Blockchain technology has swept most industries off their feet. The technology sounds simple enough — it is a way of maintaining records by storing transactions/details at multiple places (servers) at the same time, making it one of the most tamper-proof systems of record keeping. But it’s tougher to implement. A need for blockchain technologists has therefore developed in recent years because almost every other industry wants to use it for their needs. It’s the next buzzword. ![](https://cdn-images-1.medium.com/max/800/0*jhTCrQHZM7otE_f5.)Auditing is going to be the next industry that sees a change thanks to blockchain tech. US-based Northern Trust is going to adopt the blockchain technology on a large scale basis for private equity funds. - With this, auditors will be access data at any time on their blockchain rather than waiting for periodic reports from fund managers on their actions. - This will speed up the auditing process and make it more convenient. - Human error will be reduced thanks to technology at multiple stages of the auditing process. From gaining access to correct records to scrutinizing each transaction to finally submitting the audit report — everything will be more transparent! At a recent Blockchain Summit in DC, the CEO of one of the best-funded and performing companies in the industry, Digital Asset Holdings, Blythe Masters rightly caught the wave of the blockchain technology. She spoke of how the effect of blockchain and its result has similar patterns and can be placed along the same lines of [machine learning, robotics and artificial intelligence](https://www.coindesk.com/threat-opportunity-blythe-masters-addresses-blockchain-jobs-impact/). Just like AI and robotics are bringing in new skills like analytics, blockchain is also introducing new skills into the market. ### Shift from auditors While Northern Trust is set to bring in blockchain auditors, the future of auditing is taking a new turn: - Auditors will have access to any transaction done or money transferred immediately — they can either transfer information to their own applications or audit directly from the monitored blockchain. - This is only going to make the function more convenient and efficient. - On the other hand, auditing considered as an expensive service, might become cheaper because the amount of human labour will be reduced. Some of the large accounting firms have already published reports on blockchain being the future of auditing. As more and more companies such as IBM, Mastercard and JP Morgan Chase are embracing the blockchain technology , it is still only in demand in high technology oriented countries. ![](https://cdn-images-1.medium.com/max/800/0*P0htWGs_dXiD3wWB.)gettyimages.in### Blockchain in Banking One industry that has witnessed a sudden surge in incorporating blockchain is the Banking industry. While this allows creating an open, cross-border system for settling financial transactions, it also creates transparency in the banking activities. Recently a study by the Aite Group said that some of the largest employers in the blockchain industry employ nearly 100 people which means that this is a growing industry. From freelance blockchain development to full-time product specialists and analysts will be in demand in different industries in the near future. **In India,** [**Axis Bank became the first of its kind to partner with Ripple**](https://www.axisbank.com/docs/default-source/press-releases/axis-bank-launches-ripple-powered-instant-payment-service-for-retail-and-corporate-customers.pdf?sfvrsn=6) **to launch a new, frictionless payments system. At the same time,** [**the State Bank of India wants to use the blockchain**](https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-to-use-blockchain-for-smart-contracts-and-kyc-by-next-month/articleshow/61715860.cms) **with smart contracts for its KYC processes.** There is no doubt that new blockchain centric jobs are in the making. Just like today’s jobs have evolved because of changing technology, so will the jobs of the future. Blockchain centric jobs might replace and make certain skills redundant however it will also bring in a new set of skills in place and bring in efficiency and transparency. ### Also Read: **Categories:** Blog --- ### [Why banks should adopt blockchain technology?](https://blog.unocoin.com/why-banks-should-adopt-blockchain-technology/) **Published:** May 27, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*NmA8-wRYgFkuWVtN7YxCNg.jpeg)Why banks should adopt blockchain technology?Blockchain tech is transforming the world. The banking system in particular, can benefit from the implementation of this secure record keeping mechanism. Decentralization, enhanced efficiency and indestructibility are this technology’s claim to fame. Let’s see how it might help banks all over. ### The Punjab National Bank Rs 11,400 crore fraud On February 14, 2018, Punjab National Bank (PNB) of India detected a fraud of Rs 11,400 crore. It was later disclosed that it was an unauthorized transaction scam by Nirav Modi, his maternal uncle Mehul Choksi and other relatives. Blockchain technology is known to be capable of prevent systematic frauds like the PNB scam. It is now being accepted globally across the financial world and is well known for its secure record keeping quality. Based on a simple principle of saving data on multiple servers at the same time instead of a single location, this tech has the potential to transform a bank’s back office operations.The data gets stored in millions of host computers. It is public and can be easily verified. With blockchain technology running the bank’s ledger system, the PNB scam could have been detected way earlier. Perhaps, the fraudulent and unauthorized Letter of Undertaking (LOU) would have never seen the light of day and a senior official would have caught the scam sooner. The fraud could have been avoided the first day of the LOU being issued. Without the help of blockchain, by the time PNB detected the fraud, the fraudsters got hold of the money and had enough time to walk away with the cash Blockchain technology doesn’t involve just one person during the process of the transaction. It involves multiple people and anyone involved in the transaction is notified regularly. This technology enables the records and details to be available to everyone involved and also prevents anyone from corrupting the data. ### Blockchain in global financial systems ![](https://cdn-images-1.medium.com/max/800/0*4az6Q17-hqPiRhfH.)Ripple, the San Francisco based blockchain technology firm has contributed to the global financial system more than any other firm in the industry. This firm is providing financial solutions powered by blockchain technology to the bank which enables these banks to transact directly with each other and lower the transaction cost. Its cryptoasset XRP is now the fourth largest cryptoasset market in terms of capitalization. Ripple’s CEO Brad Garlinghouse said, *“People know Ripple is the only blockchain solution for payments that is proven in the real world, and it’s driving demand from financial institutions of all kinds and sizes because they want to stay ahead of the curve.”* At the end of June 2017, the world witnessed the first blockchain-powered instant-remittance service, jointly adopted by Thailand and Japan. Its main focus was on establishing a new payment rail between the two countries. Japan’s SBI Remit and Thailand’s Siam Commercial Bank now use Ripple’s (which you can [buy on Unocoin](https://www.unocoin.com/exchange/XRP)) blockchain to boost their speed, efficiency and reduce the cost of international money transfer. With about 40,000 Thai nationals living in Japan, about $250 million is transferred yearly between these two countries.The introduction of blockchain technology has drastically reduced the transaction time from 2 business days to 2–5 seconds. Some global banks such as Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG (Mitsubishi UFJ Financial Group) and State Street, Deutsche Bank, Banco Santander, Bank of New York Mellon have [recently joined hands](https://internationalbanker.com/banking/blockchain-changing-banking-industry/) to introduce a brand new blockchain-based digital asset in 2018. This project is led by Swiss banking giant UBS. The goal of the project is to reduce time, cost, improve financial-market efficiency and capital required for settlement and post-trade clearing process. With this project, banks will be able to transfer assets within a short period of time. ### Conclusion - Blockchain technology can change the banking system and make it far more efficient by making transactions faster, safer, and cheaper. - Banks will be able to avoid any fraudulent transactions and secure the system. - Transactions will not be completed with just the knowledge of one person, the whole organization will know about it. ### Also Read: **Categories:** Blog --- ### [Unocoin launches UNODAX](https://blog.unocoin.com/unocoin-launches-unodax/) **Published:** May 30, 2018 **Author:** Unocoin Growth **Content:** **An exclusive platform for full-time crypto traders!** ![](https://cdn-images-1.medium.com/max/800/1*Ad-q2Cn15cVOmyvwezfhHQ.jpeg)Unocoin launches UNODAXUNODAX, the new product launch from Unocoin team is a multi-cryptoasset exchange rethinked from scratch! [![](https://cdn-images-1.medium.com/max/800/1*PBXaCjki8tErivSE0jinTw.jpeg)](https://www.unodax.com)UNODAXGoing forward, Unocoin moves the live order-book trading platform to their exclusive new domain UNODAX which would be featuring the whole set of tools for hardcore traders in the industry such as: - Multi cryptoasset support - Live order-book trading - Maker-Taker fee model - Exclusive maker bonuses - Unlimited order validity - Transparent order depth Download and the UNODAX app (which corresponding to the new unodax.com) here (Android), (iOS). [![](https://cdn-images-1.medium.com/max/800/1*s0s7_oexsd_ZHCpXbU8H0w.jpeg)](https://www.unocoin.com)UNOCOINWhile Unocoin wallet preserves the broader game to promote and flourish the use of bitcoin and build a robust ecosystem for cryptoassets with exclusive tools like: - Systematic Buying Plan - Merchant gateway - Mobile/DTH payments - Bitcoin wallet service (send/receive bitcoin with zero transaction fees) - Auto Selling bitcoin receivals Unocoin Wallet app (which corresponds to the unocoin.com) here (Android), (iOS) #### No Change To User Data This migration to UNODAX is being performed without any hiccups to Unocoin users. With both domains and services running on the same Unocoin backend servers, users will retain their login credentials and transaction history across the sites post UNODAX launch. For a user, nothing changes — except for the fact that you now get distinct websites that aims for speed and performance. Moving forward, the Unocoin.com can be used to store your crypto assets, and to buy or sell bitcoin from Unocoin’s accompanying brokerage services. If you’d like to indulge in traditional trading (and [explore beyond Bitcoin](https://blog.unocoin.com/coins-beyond-bitcoin-the-ones-to-watch-out-for-f5f6d37266df) while you’re at it) — the UNODAX is at your service, with its low taker fees (0.6%), and — [as covered previously ](https://blog.unocoin.com/unocoin-announces-maker-bonus-in-bitcoin-83fbaaca4338)— a Bitcoin bonus (0.3%) on all your maker transactions. Unocoin Engineering team takes deep effort to bring an extensive multi-platform support for UNODAX featuring mobile support with applications available for both iOS & Android. For any assistance please reach us at Toll free number: 1800–103–2646 or join our Telegram group [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group). ### Also Read: **Categories:** Blog --- ### [Healthcare funding using crypto tokens](https://blog.unocoin.com/healthcare-funding-using-crypto-tokens/) **Published:** June 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*MC25festxLJormGWwBiyMQ.jpeg)Healthcare funding using crypto tokensImagine paying your medical bills using Satoshi Nakamoto’s digital asset! Yes, it’s true. Universal Health Coin, an anonymous, token based financing system needs your attention. ### Universal Health Coin The use of digital assets in healthcare funding is another innovation coming on the back of the blockchain tech we love so much. It’s an anonymous, token based initiative by a Georgia based startup. This platform uses blockchain technology to decentralize, arbitrage and provide a justified payment for healthcare services using Artificial Intelligence and an established distribution network. Universal health coin has been co-founded by Courtney P Jones and Dr. Gordon Jones. ![](https://cdn-images-1.medium.com/max/800/0*xZUhi4Nia8tIXUIh)Universal Health CoinAs per USA statistics alone, the expenditure on healthcare is about [19% of their total GDP](https://neoico.io/pages/upcoming-ico-universal-health-coin). This is almost $10,375 per citizen and a total of about $3.5 trillion. Out of this amount, $800 is spent on administration and $875 in duplicating services. #### “Unless we put medical freedom into the Constitution, the time will come when medicine will organize itself into an undercover dictatorship,” Benjamin Rush, one of the Founding Fathers of the United States, quoted in 1786 A large numbers of problems exist in the current healthcare funding systems: 1. Nominal value for a high cost 2. High cost of administration of healthcare facilities 3. Constant inflation of healthcare cost ### Why is there a need for Universal Health Coin? According to Universal Health Coin, 2 main issues exist in healthcare: 1. **Presence of a large number of middle men:** Increasing number of middlemen in every transaction implies that they eat up most of the funds being circulated and this leads to rising costs. Therefore, building a system which eliminates all the unnecessary intermediaries involved in transactions will help reduce the costs. 2. **Absence of a free market model:** The Lives are at stake when it comes to people’s health. In such a critical industry, the market is highly regulated for both the doctors, nurses, caretakers and the patients. Hence, consumers can’t hold the service providers responsible for the quality, cost and efficacy of the care provided and also, consumers, are not financially motivated enough to “buy-in” to manage their own health. ### The Solution UHC uses cryptoasset and AI based systems to establish direct relationships between healthcare service providers and UHC members. This eliminates the need for a third party, who interfere and lead to upto 35% wastage of patient’s cash. A UHC wallet has been created which includes funds from monthly contributions by individuals to fund the payment of future health services. These wallets function with the cryptoasset Neo. Their workflow model is shown below. ![](https://cdn-images-1.medium.com/max/800/0*VosvhptVkK9AE8fw)Universal Health CoinAs a result, the costs involved in healthcare funding, will greatly reduce. As establishment of personal relationships between doctor and patients will take place and fuel the future of the healthcare industry. ### Can This Work In India? Sure it can! India, with its disconnected public health infrastructure, could benefit immensely from such tools. Imagine having your medical records on the blockchain, accessible to any doctor if you go to one anywhere in the country. Of course, this data would be encrypted, and safe. So privacy issues don’t arise. But this would save a lot of money and man hours typically spent in duplicate diagnosis, medication and more! With Finance Minister Arun Jaitely having committed to promoting blockchain technology on a national government level, these days aren’t too far. ### Also Read: **Categories:** Blog --- ### [Insurance industry and use of blockchain](https://blog.unocoin.com/insurance-industry-and-use-of-blockchain/) **Published:** June 6, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*9eJiN2uXgMDvIHcuBjfHhA.jpeg)Insurance industry and use of blockchainBlockchain tech has clearly impacted a lot more industries than just the cryptoassets. This is especially true for the insurance industry, where it has a lot of potential. The tech has matured to a great extent in the current times, and it is clear that the adoption of blockchain helps in bringing about major changes. Here are some ways in which blockchain can transform the insurance sector. ### Risk prevention: As a public ledger, blockchain helps in eliminating errors and detecting fraudulent activity. Decentralised digital records not only help maintain the authenticity of records but also helps in keeping relevant medical history details on file. This in turn will allow the insurer to be able identify any suspicious activities and weed them out from the start. ![](https://cdn-images-1.medium.com/max/800/0*mFnX7GMYXxLDMPlL)Pixabay### Claims prevention and management: A transparent and customer-focused claims model is possible using this technology. Customers can easily access their details and update them with new and relevant personal information. This helps in reducing chances of loss of details by human error. Blockchain helps improve communication and coordination between the customer and insurance agents. It acts as a network connecting multiple people and ordering data from several devices. ### IoT and product management With the number of devices and objects connected to the Internet of Things (IoT), there is a sudden influx of information and data collected. This will be much more valuable to the insurers as this enables them to develop a more accurate and effective actuarial model. The process of validating information will become easy and consumers will have control over their premiums. ### Payment and new distribution models Global insurers have developed and explored new payment models by experimenting with a single global ledger. With a single ledger there is a chance for increased automation which can help in managing the risks efficiently. Streamlining payments and identifying new opportunities for insurance products also becomes possible. In the long-run this is a cost effective model that can help manage currency fluctuations easily. ### Reinsurance: One role that blockchain plays in insurance is that it makes the overall visibility of reinsurance contracts and risk exposures more clear. The ledger provides a chance to gain insights and sends notifications about possible reinsurers to offload a portion to their subsidiaries. This is an excellent way to rebalance overall capital exposure for those providing reinsurance. It is crucial to note that the blockchain clearly has a lot of impact on the insurance industry. It has enabled innovation and brought about disruptive changes to the business model. Here are a few things that it can bring about: - Better management of the claims in a more verified and effective manner. - Reducing the possibility of fraud. - Improved quality of data for underwriting. - Improved overall efficiency in the overall insurance sector and value chain. ### Also Read: **Categories:** Blog --- ### [How could blockchain impact real estate?](https://blog.unocoin.com/how-could-blockchain-impact-real-estate/) **Published:** June 8, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*dO7Od8DTDM0C6JCmMkNCBQ.jpeg)How could blockchain impact real estate?It is only a matter of time before blockchain tech infiltrates all industrial and commercial sectors. The commercial real estate market is not really an exception, and has started witnessing a change in the operations due to incorporation of technologies such as Smart Contracts. A blockchain is a secure, distributed and decentralized ledger system that records data in a chronological manner and avoids data tampering. Due to these characteristics, blockchains have the potential to stir things up in the Commercial Retail Estate (CRE) sector and revolutionize how things work currently. ![](https://cdn-images-1.medium.com/max/800/0*eVX4y0k_CSDor74c)### What does Blockchain bring on to the table for the CRE sector? Before one delves into how Blockchain could impact the CRE, let us briefly explain what Smart Contracts are: - A smart contract or a crypto-contract is a set of rules defined in the form of a computer program/code that has a direct control over the flow of cryptoassets or assets between parties. - Besides defining and asserting the rules and penalties around an agreement like a traditional contract, a smart contract can also automatically ensure that these obligations are adhered to. With a simple model where information is used as an input, rules in the contract assign a value to the input, and actions are performed as stated in the contractual clauses. - Smart Contracts ensure fair and transparent operations. Since these contracts rely on the much talked about blockchain technology for recording and storing data, it essentially uses the technology’s security and immutability to avoid fraud and malpractice in these transactions. Smart Contracts can hence regulate the process of cash flow and bring in benefits such as: - **Reduce the time** required for reconciling transactions involved in payment of rents and property expenses. - **Complete transparency** in the process of approving property-related transactions. - **Cost reduction** in the processes of accounting, compliance and property management thus, ensuring a smoother and hassle-free transaction. ### Blockchain brings in liquidity, more transparency and process efficiency Smart contracts would not only automate the process of leasing property sites but also bring in a smoother and faster contract management process that expedites the processes involved in finalizing deals. It is believed by most industry players that blockchain would facilitate creation, authentication and smoother audit processes of contracts in real-time, across geographies and without the need of a third party! Since smart contracts have regulations and instructions designed and incorporated into the transaction, it ensures that the payment can only be completed when all the conditions are met and in a process compliant with all the rules stated. This helps one in establishing complete transparency in the process and hence, reduces the probability of transactional disputes by creating confidence among all parties. [How Blockchain eliminates the need for middlemen in CRE](https://medium.com/@bryzek/how-blockchain-can-eliminate-the-need-for-real-estate-agents-brokers-title-escrow-291db5d7ad6) ![](https://cdn-images-1.medium.com/max/800/0*yvWcnwQDxrA9fsCF)Blockchain Technology will also lend additional liquidity to the CRE sector. It will simplify the exchange of assets between parties that have registered all their investments on the ledger. It will allow people to multiply cash flow more efficiently, identify prices of assets effectively and thus, create more liquidity for new issuers on the block. Besides storing information in a secure manner, blockchain technology ensures that no data is lost by storing historical information. It can potentially shorten the traditionally cumbersome process of recording and exchanging titles, all of this with the added advantage of transparency built into the process! ### Blockchain Technology can improve many other processes in the CRE sector Blockchain Technology can improve cumbersome process of searching for property. Since there is no standardized process of listing properties on multiple listing services (MLS), the search process seems to be inefficient and tiring. However, the blockchain-based MLS will ensure that all information about the property-listing is recorded accurately. The distributed ledger system can expedite the ID-verification and financial evaluation process with digital identification. This can alleviate challenges of collecting and verifying traditional physical identity proofs. Not only would that fastrack some of the prerequisite formalities like underwriting, financial evaluation and obtaining a mortgage commitment but also help establish trust between both parties participating in a transaction. Blockchain technology can eliminate the need of middlemen, agents and brokers in the real estate operations by decentralizing all information. This would make the process of finding property listings more comfortable and efficient. Incorporating the blockchain ledger system in real estate could reduce the extra commission costs and the hassle involved in making transactions and investments, especially in the Commercial Real Estate Sector. Check out the [Unocoin blog](https://blog.unocoin.com/) to know how blockchain has entered the insurance and banking space! ### Also Read: **Categories:** Blog --- ### [Exciting crypto stuff NOT related to Bitcoin](https://blog.unocoin.com/exciting-crypto-stuff-not-related-to-bitcoin/) **Published:** June 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*E-zGDk2zFdI7sk_Ha-NT8A.jpeg)Exciting crypto stuff NOT related to BitcoinBitcoin has undoubtedly become the face of the cryptoasset world and holds a prime position in the digital asset market. However, coins that serve as alternatives to Bitcoin, known as Altcoins, also provide exciting new ways to use the blockchain technology, that don’t just facilitate transactions; they dare to go beyond. ![](https://cdn-images-1.medium.com/max/800/0*aJ6MquDi5BEtGCDk)Pexels[Bitcoin roughly constitutes 45% of the total cryptoasset market](https://coinmarketcap.com/charts/) and has seen one of the biggest rises in value. However, there’s plenty, plenty you can do with the blockchain without having to delve into bitcoins. Here are some fairly obvious uses of the blockchain! ### Security first! Security is an essential use and function of the blockchain technology. It is automated using a code rooted in the ledger or chain to trigger denying or granting access. This ensures minimum or no involvement of third parties and maximum security. Both the lock and the key have become one to give access to users of a shared, incognito network. ### Bookkeeping outside the library Bookkeeping and accounting is one of the rare features provided by the technology behind all cryptoassets. Wealth management is one of the most unique ways to make use of cryptoassets. Companies provide their own tokens for investment solutions, giving investors a chance to manage their wealth without any boundaries or restrictions. It also serves as a censor less and incorruptible digital ledger that tackles financial issues and frauds. ### A deterrent to electoral malpractices An interesting and ethical application of blockchains can be their use to help battle electoral malpractices and frauds. The technology gels itself with voting through applications developed by visionaries such as [Santiago Siri](https://www.newscientist.com/article/mg23531424-500-bitcoin-tech-to-put-political-power-in-the-hands-of-voters/), who work to make political practices more ethical. This system can also secure other important parts of an election, such as voter registration and voter identification. According to Siri, the blockchain is incorruptible, where no one can modify or subvert how votes are stored, which is vital for any democracy. ### Getting clean and green! ![](https://cdn-images-1.medium.com/max/800/0*oy5PncX5g_U1bS_m)PexelsDo you wish to save the environment? Cryptoassets make it easier and more doable than it might sound! Systems such as the Brooklyn Microgrid enable people who already have solar panels to sell ‘environmental credits’ through a phone application to residents who cannot have direct access. This encourages them to switch from carbon based power to solar based energy. ### Simplifying travel Cryptoassets make travelling a bliss, by serving as a platform for easy, secure and fast digital transactions, saving travellers from tedious fiat currency exchange rates and hassles. This is due to the growing acceptance of cryptoassets, by retailers all over the world for transactions. ### Decentralising governance [Bitenation](http://www.ibtimes.co.uk/decentralised-government-project-bitnation-offers-refugees-blockchain-ids-bitcoin-debit-cards-1526547), a revolutionary project, aims at using blockchain technology to decentralise governance. It offers victims of the refugee crisis an emergency digital identity and a Bitcoin based credit card, which makes it possible for an individual in grave circumstances to prove their existence and identity through family relations using crypto, by recording it on a blockchain based distributed public ledger. In addition to this, they can also receive funds from friends and family without having any bank accounts. Cryptoassets and blockchain technology are slowly emerging as solutions to biting problems, with their broad spectrum of applicability and uses. They redefine traditional uses of blockchain, by providing remedies to problems and issues in various fields such as corruption and environmental protection. The direction and magnitude to which this technology will be disseminated and used, with its already rapid and massive expansion, is yet to be established, and shows a promising potential to solve major problems that disrupt the well-being of the society. ### **Also Read:** **Categories:** Blog --- ### [How to identify the next Bitcoin in terms of returns?](https://blog.unocoin.com/how-to-identify-the-next-bitcoin-in-terms-of-returns/) **Published:** June 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*vpbCRQHv1g3LRyU-LirTEg.jpeg)How to identify the next Bitcoin in terms of returns?Think of the lucky ones who invested in Bitcoin at the time of its birth. Some just got lucky that their predictions about the cryptoasset cam true. Others had the foresight to buy at low prices and the discipline to sell at the right time. Many early adopters are millionaires today. Crypto enthusiasts today are in the hope that believing the old adage, **“History repeats itself**” comes true for them as well. In the wake of Bitcoin’s price explosion and increasing number of cryptoassets flooding the market, could we really witness ‘**the Bitcoin’** saga again? Well, it cannot be assured for certain, but if yes, how could it be identified? How could an investor predict the next Bitcoin? Let us have a look at a few factors. ### \#1 Price/ Market Capitalisation When it comes to making an investment in cryptoassets, it is crucial to scan the prices and market capitalisation. For a starter or an average investor who does not have a great deal of money, it is a safer bet to invest in assets with low values. If one day the asset experiences an outburst, the investors would provide the best value for your money. ![](https://cdn-images-1.medium.com/max/800/0*o1wyBr_HUaCLW1S7)PixabayIt is also advisable to diversify your investment. Rather than putting a total sum into one asset, it would be better to distribute it among multiple altcoins. For example, assume an investment of ₹2,00,000, with today’s prices could fetch you only half of a Bitcoin, around 30 Litecoin but thousands of coins of some other low valued cryptos which could someday make you rich. For example, you look for Litecoin, Ripple and Bitcoin Gold that show great potential. Diversification of investments with low-valued coins is advisable. ### \#2 Eyes beyond the price Look for the cryptoasset that is doing something different. What makes one stand out versus the other? Find an accurate reason of choice before you put your money into the crypto-world. This reason could be something that is not related to the changes in price levels. When you’re investing in a stock of a company you analyze the firm’s performance and potential holistically. Similarly, with cryptoassets, don’t just look at their recent price fluctuations. Keep your eyes on the underlying technology and future potential. For example, Ripple has declined somewhat since the start of 2018, yet, it shows strong potential with the advancement of technology revolving around its implementation. With the introduction of Script algorithm in its blockchain, Ripple has made transactions faster and less prone to hacker attacks. Hence, the chances of people adopting Ripple in the near future could be high. ![](https://cdn-images-1.medium.com/max/800/0*of_4vNK0PPXuYqj6)Pixabay### \#3 Supply Many cryptoassets have a pre-determined supply which depicts the maximum number of tokens or coins that could exist for that particular coin. For example, there could only be 21 million Bitcoins in total out of which only 20% are left to be mined. If the market interest in a particular coin remains high while the number is fixed, the prices could shoot up. ### \#4 Check the momentum Significant data about all cryptoassets is easily available online. As always, research about investments before you finally commit. Gather information about the trades, ups and downs, price and traded volume of cryptoassets. The coin with increasing prices and trading volume is likely to gain momentum. The momentum might fluctuate as demand and supply for a particular cryptoasset might change but with enough research and discipline, you can decide when’s the best time to place a trade and when to get out of the crypto market to book your profits. ![](https://cdn-images-1.medium.com/max/800/0*3aYpx88fSDvyyrM9)Pixabay### Conclusion The crypto-industry is still in its nascent stage. Just like any other investment instrument research is your best friend. Continue looking out for the next Bitcoin, but at the same time invest and trade according to your financial goals! You can learn about various cryptoassets and their performance over the years on Unocoin’s Wiki. Stay updated with current news from the crypto world at [Unoversity News](http://www.unoversity.com). ### Also Read: **Categories:** Blog --- ### [US Securities Regulatory Board to make cryptoasset rules](https://blog.unocoin.com/us-securities-regulatory-board-to-make-cryptoasset-rules/) **Published:** June 15, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*82wlJHR6QNVZKqQQ7anI0A.jpeg)US Securities Regulatory Board to make cryptoasset rulesThe US financial regulatory authority — the Security and Exchange Commission (SEC) — has been taking serious steps towards understanding and regulating the cryptoasset markets. They have been requesting information from the involved companies to understand the markets in detail. As recently stated by SEC, they consider digital assets in the form of coins and token that are often sold through Initial Coin Offering. These can be considered “Security” in context of US law. This would make them binding under the US law to register with SEC and thus being regulated by them. SEC is the regulatory authority for all national exchanges requiring them to register and abide by their guidelines which are made in order to protect the interest of investors. The presence of a regulatory body restores the faith of inventors in the market and keeps unregulated forces in check. Since cryptoassets are not regulated, there will not be any authority to look into grievances of investors. The integrity and information of digital platforms cannot be trusted and need to be regulated to allow secure transactions. As recently stated by SEC Chairman Jay Clayton said “We are open to exploring with Congress, as well as with our federal and state colleagues, whether increased federal regulation of cryptoasset trading platforms is necessary or appropriate. We also are supportive of regulatory and policy efforts to bring clarity and fairness to this space.” Currently, crypto exchanges are regulated as money-transmissions services, granted a license by individual states. These are currently not covered by SEC or US Commodity Futures Trading Commission (CFTC) as there is no clear distinction if bitcoins are securities, commodities or hybrids. These are following ways in which these regulations can proceed: 1\. Since no ICOs have registered with SEC the crypto-assets will not be regulated and make them less protected than stocks. This can lead to fraudulent transactions. Thus SEC will try to regulate ICOs as they can be treated as securities offerings. 2\. The markets cross-national bordered and is not centrally located — Yet the intangible technology-based nature of crypto assets makes them difficult to trace to any particular country, and the money that goes toward purchasing these assets can easily move out of reach of U.S. regulators. Thus ICO enablers including accountant and lawyers who would be regulated thoroughly. 3\. The SEC believes that crypto-based enterprises should work with the regulatory community to increase fairness and information transparency allowing investors to make informed decisions. The chairman of SEC and CFTC — Clayton and Giancarlo acknowledge the limitations of cryptoasset regulations such as involvement of sanction countries like North Korea avoid sanctions by dealing in cryptoasset or high possibilities of these accounts being hacked and misused. This is a difficult task as the inherited structure of blockchain technology is complicated to regulate. It is a decentralized system and supports no interference of government or a bank. The exchange takes place without any intermediate person and on a peer-to-peer basis. Bitcoin is not linked to any territory or financial institution and thus there is no central agency that can be shut down. The peer-to-peer network is hard to regulate and thus legal status is very hard to debate. The blockchain is a public ledger which, if used effectively can actively bring down the cost of operating and regulating the finance industry. That can lead to more efficiency and transparency in the field of many financial applications. The decentralized approach of public ledger allows the public to cooperate in a distributed manner. ### Also Read: **Categories:** Blog --- ### [How did Bitcoin double in value in less than a month?](https://blog.unocoin.com/how-did-bitcoin-double-in-value-in-less-than-a-month/) **Published:** June 18, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*DZp8W5sJP7YbJoCvC1zn_g.jpeg)How did Bitcoin double in value in less than a month?There’ no doubt that Bitcoin remains the king of all cryptoassets. Even though its value is on the lower side presently due to numerous factors, Bitcoin had seen a whopping rise in its price last year. This was partly because the financial regulators in South Korea decided to amend its earlier aggressive stand against cryptoassets. South Korea had previously been thinking of completely shutting down the cryptoasset exchanges when 2018 had just begun. Yonhap, the South Korean news agency recorded the governor of Financial Supervisory Service of South Korea, Choe Heung-sik as saying that only in case of normal cryptoasset transactions, the government will extend its support towards cryptoasset. Although [Reuters](https://www.reuters.com/article/us-crypto-currencies-bitcoin/bitcoin-nearly-doubles-in-value-from-years-low-hit-in-early-february-idUSKCN1G42P0?utm_campaign=trueAnthem%3A+Trending+Content&utm_content=5a8cb7b404d30168fe2dce5f&utm_medium=trueAnthem&utm_source=facebook) wasn’t exactly able to verify the aforementioned report, this was what was heard. This stance of South Korea didn’t only affect Bitcoin but other cryptoassets as well. Due to varied regulatory measures adopted all over the world — Nouriel Roubini declaring Bitcoin as the “mother of all bubbles,” India’s Finance Minister Arun Jaitley calling the cryptoasset market ‘a Ponzi scheme’ and Robert Shiller (Nobel Prize winner in Economics) declaring that Bitcoin could never become a part of the normal financial cycle; Bitcoin’s graph kept going down at the start of 2018. Now, South Korea plans to accept cryptoasset payments across at least 6,000 outlets! This change of stance and all other statements fading into thin air, Bitcoin regained its strength, with its price reaching to twice of its initial value. South Korea explained the reason for shutting down of cryptoasset exchanges. It said that all the people, apart from investors — students and housewives had entered the cryptoasset market hoping to become rich quickly. This could be a risky affair as these people with partial knowledge about the cryptoasset market could end up losing all their money or even get sucked into a scam. South Korea, however, just decided to adopt a few regulatory measures instead of imposing a complete ban on the exchanges. This was quite a supportive stand by South Korea and was quite relieving for the investors as the issue had been the reason behind fluctuation in the cryptoasset market. ### Also Read: **Categories:** Blog --- ### [Unodax Introduces Crypto Basket Order](https://blog.unocoin.com/unodax-introduces-crypto-basket-order/) **Published:** June 19, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*EIgz9fA-6fKdfr9oT74SCQ.jpeg)Although many cryptoassets failed to succeed yet, it is always nice to have a wide range of choice around you when you look to make a decision. Now with Unodax providing user the freedom to pick and choose their investments [through a multi-crypto exchange](https://blog.unocoin.com/unocoins-multi-crypto-asset-exchange-comes-to-the-web-10a64379d36) — there’s plenty to choose from — Bitcoin, Bitcoin Cash, Bitcoin Gold, Ripple, Litecoin, and Ethereum. Buy them, sell them or transfer them into and out of your wallet, all through the app or web platform in a matter of seconds. This is an open order book exchange — which means the buy and sell prices are set by the users themselves. Users set the prices as well as are able to see all the orders in the book. Now, Unodax is going a step further on customer delight, introducing weighted basket orders. Presenting ‘Crypto Basket’. Unodax is trying to save you the trouble of having to do large amounts of research before you pick your coin. Based upon the ratio of the market cap of the asset and the volume traded on the platform, Unodax let’s you invest in all of them with a simple click! No more FOMO (Fear of Missing Out) on the next crypto to boom! In simple words, the basket order helps you to place orders for multiple cryptoassets with a fund distribution model of your choice. You can let Unodax set the distribution for you, or choose your custom distribution model as well! ### How Can You Get Started? The first step is setting a fixed amount of investment that you want to make. - For example, let’s say you decide to make an investment of ₹6,00,000. Now this whole sum would be divided among multiple cryptoassets. If you wish to put your money in Bitcoin, Ripple and Ethereum, it could be distributed in a ratio of 50% in Bitcoin, 25% in Ripple and 25% in Ethereum. Hence, you now hold ₹3,00,000 in Bitcoin ₹1,50,000 in both Ripple and Ethereum. ![](https://cdn-images-1.medium.com/max/800/1*t67KkYN6tdrZssMPBGoqaw.png)How Can You Get Started?#### Now, there can be two ways of trading these cryptoassets: - You either wait and hold for the prices of these cryptos to increase so that you may sell your holdings at the market price. However this process reduces the liquidity of the system, as there is no extra money input into the system. It is therefore a **‘taker’** transaction. - Or, you put up a negotiable order on the order book where you specify your price to execute the trade at. Interested buyers may then place their orders, and the transaction goes through. This is the **‘maker’** model, where there is an inflow of money. This increases the liquidity of the system. When placing orders via the Crypto Basket, these orders would be placed on the order book as a limit order for Latest Trade Price (LTP) of the cryptoasset. This ensures you’re not overpaying for your orders. The launch of Crypto Basket and its newer updates, with Unodax’s existing trading services, further strengthens the crypto-market in India. Download the app, and fire up the experience of cryptoasset trading the way it is meant to be done. ### Also Read: **Categories:** Blog --- ### [Stocks vs. Cryptoassets: A contrast in performance](https://blog.unocoin.com/stocks-vs-cryptoassets-a-contrast-in-performance/) **Published:** June 20, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*vGy3lK4E9So036s3b7gusw.jpeg)Stocks vs. Cryptoassets: A contrast in performanceStill in the midst of traditional stocks? Or have you been considering options but looking for a strong opinion to help you through cryptoassets? Here we have something that could help you compare and contrast stocks and cryptoassets in performance. This comparative analysis is among the top performing stock markets and the top performing cryptoassets at the same period. Looking at 2017, the cryptoassets left the stock world in the dust when it came to overall performance. The highest rise in stocks was observed in the Zimbabwe market which advanced by 117%. On the other hand, Ripple managed to make 28,963% gains during the same period. ![](https://cdn-images-1.medium.com/max/800/0*IM3dvVkT4t2b5qzo)Stocks vs CryptoassetIn the past year, Ripple progressed fastest. It crossed Ethereum to become the second largest cryptoasset in the world, only after the giant itself, Bitcoin. Ripple began 2017 with a value of $0.0065 per token and ended the year with the value of the same token at $2.25. Well, Ripple wasn’t the only crypto to gain high last year. Ethereum’s very own, Ether, rose by about 1,300% ending the year with outstanding gains. While Bitcoin rose by just under 500% from the start of 2017 to the start of 2018, many other small cryptoassets showed impressive results with major spikes in their prices. Talking about the world of stocks, the less developed and still developing markets experienced the highest gains. Argentina, Kazakhstan and Mongolia showed the highest profits with [77.7%, 59.3% and 68.9%](https://www.investopedia.com/news/how-did-cryptocurrencies-perform-compared-stocks-2017/) respectively. Yet, with all this growth, it is unarguably apparent that these profits are meager in front of cryptoassets. Also, with Brexit coming into form, the markets in Europe have taken a hit through all the seized trade opportunities. So, it looks less likely that the markets would Europe recover soon. Plus, a major factor is that stock markets hold international barriers. As cryptos are unregulated and decentralised, They can be accessed and traded anywhere and from anywhere across the globe. This is in contrast to stock markets which are country-based. Also, unlike stock markets that have a fixed time duration for exchange, cryptoassets can be traded and transacted at any time of the day. Yes, investing in cryptoassets is still very speculative and risky due to all the volatility and hacker-attacks, but it is no less risky than investing in stocks. Stocks show no less volatility when it comes to market jumps. Cryptoasset investments, on the other, show a major positivity with their much high returns as compared to stocks. Who knows, a single crypto-investment could turn your fortunes right, like it has already done for many. ### Also Read: **Categories:** Blog --- ### [ZCash grabs a fork: what does it mean for investors?](https://blog.unocoin.com/zcash-grabs-a-fork-what-does-it-mean-for-investors/) **Published:** June 22, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*_nStHw6J0y8lfdRw_z79bA.jpeg)ZCash grabs a fork: what does it mean for investors?C[ryptoasset](https://blog.unocoin.com/what-are-cryptocurrencies-9011af463484?source=false---------8) is the word on everyone’s lips these days. It is a constantly growing phenomenon, with numerous digital assets flooding the crypto-market. After Bitcoin, developers were on a quest to improve privacy in the crypto space. To achieve this, they created and launched two other cryptoassets: Dash and Monero. Dash uses a technique, **“Coinjoin”** in which a group of users’ funds, who want to make a transaction, are pooled together into one and then the transaction is effected for all the users simultaneously. This improves the anonymity and privacy of the users. Monero, on the other hand, harnesses [ring signatures ](https://getmonero.org/resources/moneropedia/ringsignatures.html)for anonymity. Ring signatures are a group of digital signatures created when a Monero-holder is performing a transaction, and a security property inbuilt in the ring signatures ensures that it is nearly impossible to determine which of these signatures is a valid one because all the signatures in the group appear to be valid. ![](https://cdn-images-1.medium.com/max/800/0*xLYCMRWi2jSr_6nB)ShutterstockBoth these assets succeeded in achieving their goals of privacy to an extent, but the level of privacy they offer is still limited and there is still a risk of detection or transaction tracking. This is where Zcash comes in, promising even higher levels of privacy and fungibility. Most cryptoasset transactions rely on the use of strings of data unique to a user, called private keys. These private keys are associated with several transactions, making it possible even for amateurs, to uncover an individual’s transaction trends, and may even reveal their identity if someone knows their public key. Zcash relies on constructions known as “[zk-SNARKs](https://z.cash/technology/zksnarks.html)”. Here, ‘zk’ stands for zero-knowledge. Through zk-SNARKs the data can be completely masked and still be verified under ‘network consensus rules’. These constructions allow users to make purchases without revealing their identity. Zcash’s blockchain shows that a transaction has occurred without revealing the parties involved or the amounts in the transaction, as opposed to a bitcoin blockchain, where the keys associated with the involved users are recorded, of course, their identity is not revealed, and if there are several transactions that have occurred it is difficult to point out which transaction was done by whom. However, if the number of transactions is small, the verification of the transactions becomes relatively easy. Thus, compromising the anonymity of the users. ### What is the “Fork”? ![](https://cdn-images-1.medium.com/max/800/0*MMKoi-yV1Ppf73qE)VectorStockZcash has now announced a software upgrade, named “Overwinter”, set to be launched in June 2018, which is to be followed by a core protocol upgrade called “[Sapling](https://blog.z.cash/cultivating-sapling-faster-zksnarks/)” which is to go live in September 2018. While the Overwinter upgrade isn’t expected to be a fork, the following Sapling upgrade will be a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp). This means that the protocol will undergo radical changes and the new Zcash protocol will not be backward compatible with the older versions that the clients are currently using.. This would thus require all users of the Zcash asset to upgrade their versions because users running the older versions will not be supported by the new version. A hard fork is usually implemented to rectify security issues and make major improvements to the protocol. This is the only time when an upgrade is absolutely essential. A fork, in general, is a divergence in a blockchain, that is, the blockchain splits into two. This could be either temporary or permanent, and is categorized as “hard fork” (changes in protocol which renders the current versions of users useless) and “[soft fork](https://www.investopedia.com/terms/s/soft-fork.asp)” (minor optional upgrades in the protocol that a user can choose to not install and continue to be the part of the blockchain). ### What exactly is going to change? The [blog post](https://blog.z.cash/overwinter/) by Zcash, which announced the upgrade, stated that Overwinter would include “versioning, replay protection for network upgrades, performance improvements for transparent transactions, a new feature of transaction expiry, and more”. The upgrade has been introduced to make further upgrades smoother and easier, and is meant to pave the way for the hard-fork “Sapling”. Upgrade introducing Sapling is the one to watch out for, as every user will be required to switch to the new version once it is launched. This upgrade would, in turn, introduce improvements in security, privacy, usability, and performance of Zcash’s protocols. The Overwinter upgrade is also rumored to be a hard fork, something which the developers have actively denied. According to developers, Overwinter is meant to be a simple upgrade and nothing more. The term ‘hard fork’ has a bit of a negative connotation, but Zcash developers fully expect that it would be more of a one-way street because the new features introduced in the upgrades are irresistible. One of the major changes and perhaps the most attractive new feature to be introduced is that of “transaction expiry”, in which ongoing transactions would expire within an hour. While people believe that this would cause security issues, the truth is that many a time, transactions get stuck and users’ money may go waste because of it. The expiry of the transaction may actually end up saving the users’ money, which is what is intended. Overwinter has been in the works for quite a while now, and its release has been delayed several times, due to various programming issues. The testing phase is still on, and the upgrade is set to release in June 2018 now. ### Also Read: **Categories:** Blog --- ### [Mining for charity: UNICEF campaign](https://blog.unocoin.com/mining-for-charity-unicef-campaign/) **Published:** June 25, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Sx-uYz9Nlu6EWF2CBlsqoQ.jpeg)Mining for charity: UNICEF campaignA lot of social, economic and political issues need our attention and resources. Donating cash and volunteering at NGOs to help combat some challenges goes a long way. However, there are several novel methods being used to raise money for people in need across the globe. The latest attempt is UNICEF (United Nations International Children’s Emergency Fund) trying to raise money for charity through cryptoasset-mining using computing power of devices across the world. UNICEF has seen value in the tech-driven way of doing noble work. ![](https://cdn-images-1.medium.com/max/800/0*3oJAVP3Tf7mpmgZs)### UNICEF’s The Hopepage Campaign UNICEF Australia launched the campaign on April 29. It allows users to lend their computer’s processing power to mine cryptoasset as a donation for charity. Jennifer Tierney, UNICEF Australia’s director of fundraising commented, *“We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them.”* In the pursuit of using advanced technologies for a good cause, UNICEF Australia has designed and set up a website called ‘[The Hopepage](https://www.thehopepage.org/#)’ which allows volunteers to donate between 20 percent and 80 per cent of their computing power. Once you click on the ‘Start Donating’ link on the website, a pop-up appears stating that “**www.thehopepage.org would like to use your computing power,”** assures the user that the algorithms work through the browser’s sandbox and hence, no downloads are required. The algorithm powered by Coinhive’s Javascript-based mining tool, [AuthedMine](https://authedmine.com/) mines Monero, an alternative cryptoasset to Bitcoin. Monero is said to be more private as it shuffles users’ identifying information. ![](https://cdn-images-1.medium.com/max/800/0*pqJZ5SbANCfryfNz)TheHopepageAlthough Monero can rarely be used to buy goods directly, it can easily be converted into fiat asset which in turn can be used to purchase **‘life-saving supplies like safe water, therapeutic food and vaccines’** for children as mentioned on The Hopepage. The top right corner of the page mentions the total hash count and the hash rate at the moment. At the time of writing 9,271 people across the globe have volunteered to offer their computer’s processing power for this noble cause. Volunteers just need to ensure that they permit usage of their processing power to an extent that suits their ability. One can select the percentage of the computing power they want to donate and click on ‘Confirm’ to set that number for the time till when they opt to keep the page open and donate. ### The noble cause behind the UNICEF campaign The campaign was designed to help the victims of the [Rohingya refugee crisis](https://www.unicef.org.au/appeals/help-rohingya-children). The surge of violence in Myanmar has rendered 400,000 children homeless and has forced them to flee to Bangladesh in search of shelter. UNICEF is responding to this spiralling emergency by adopting this method of helping the sick, hungry and helpless children. This is not the first time UNICEF has turned toward cryptoassets to fund charity. In February 2018, a two-month long charity campaign called [Chaingers.io](https://cointelegraph.com/news/unicef-asks-pc-gamers-to-mine-ethereum-and-donate-to-syrian-children) was launched asking PC gamers to mine Ethereum that would then be converted into funds for Syrian children. The effort was not very successful as it had only raised just around 1,000 euros with more than 11,000 contributors before it ended on March 31. The UNICEF campaign to help the Rohingya refugee crisis victims is an application of technology to solve a refugee crisis!. ### Also Read: **Categories:** Blog --- ### [IOTA and Automotive Brands Join the Blockchain](https://blog.unocoin.com/iota-and-automotive-brands-join-the-blockchain/) **Published:** June 27, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*4KEKKsS1SNmWrySgytYkgw.jpeg)IOTA and Automotive Brands Join the BlockchainThe Future Blockchain Summit was held in Dubai on May 1 2018, Some major announcements, from automotive manufacturers like Ford, Renault, General Motors and BMW came in, who have joined MOBI (Mobility Open Blockchain Initiative). Apart from these superpowers in the automobile industry, other big car companies like Bosch, Porsche and tech giant IBM are also on board! The MOBI aims at using blockchain in order to make mobility affordable, greener and safer. Following the announcement of MOBI, another statement was released by IOTA foundation — the foundation will be joining the automotive consortium as well. IOTA foundation aims at supporting the development and standardization of the new distributed ledger technologies. ![](https://cdn-images-1.medium.com/max/800/0*UdXTv0p6HZqueI7-)IOTA and big car companies come together to form MOBIMOBI wants to develop an ecosystem where businessmen as well as customers have secure access to their driving data, can manage different transactions and store all the vehicle related information like vehicle identity and usage information. Here blockchain can play a major role! It will help in storing the vehicle data and create transparency in the dealerships and supply chains. Initially, MOBI and its partners will be focusing on following projects: – Vehicle identity, history and data tracking – Autonomous machine and vehicle payments – Car sharing and ride hailing – Secure mobile commerce – Supply chain tracking and efficiency – Usage based mobility pricing Given the names MOBI has onboard, it looks to be a promising venture. The interesting thing will be the projects that will come up and their impact on the automotive industry as a whole! They can make quick progress in accelerating the adoption of blockchain technology within automotive industry! ### Also Read: **Categories:** Blog --- ### [Know How Ethereum Trading Works](https://blog.unocoin.com/know-how-ethereum-trading-works/) **Published:** June 29, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*6-gb8J_V99IrUVwqKiU3qw.jpeg)Know How Ethereum Trading WorksHaving surpassed Bitcoin, Ethereum processes more than 1 million transactions daily. Like BTC though, Ethereum has a lot more potential. It is a whole network fuelled by its BTC equivalent, Ether **(sounds similar to a certain infinity stone, doesn’t it?**). Like other cryptoassets, it is based on blockchain technology, making it decentralized. But here instead of tracking the ownership of a digital currency, it forms a network for all other sorts of applications, quite like a document on google drive, which can be shared-allowing users to ‘create apps.’ This, in turn, eliminates the need for a middleman. Most importantly, new Ethers are minted in the Ethereum Network without any reduction in its rate. Thus, eliminating the biggest disadvantage of BTC, where the number of coins are limited and can lead to wealth inequality. But how exactly does this work? The network uses **‘Smart Contracts’**– used to define a code which can be used to trade in a transparent way. Smart contracts help avoid the need for an intermediary. If the terms are agreed to by all parties involved, the contract is carried out and the transaction is completed on the network that everyone is connected to. This also ensures that the contract can’t be tampered with. This allows Ethereum to create a whole infrastructure for trading and investing. At least, in theory, the Ethereum network leaves no room for corruption or tampering of data because data is stored across multiple platforms. As a user, you can execute multiple contracts, and trade resources in Ethereum without any concerns about security or time lag. Ethereum can also be used for real-time payments of course, as the transactions take around 15 seconds to proceed. It is quite simple really, with no hassle involved! Ethereum certainly has impressed many a people. It has gone from $10 in 2017 to over $1400 in January 2018. The blockchain technology application of Ethereum could grow all the more in the next few years, allowing it to take over Bitcoin not only as the premier cryptoasset but also as the preferred mode of transaction around the globe. ### Also Read: **Categories:** Blog --- ### [Unocoin’s Stance on Recent RBI Notice](https://blog.unocoin.com/unocoins-stance-on-recent-rbi-notice/) **Published:** June 29, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*sms-dyFRET7Qft-OZkvGJg.jpeg)Unocoin Stance on Recent RBI NoticeWe have always believed in offering our customers with the best and most secure blockchain services. Since December 2013, our team has been serving the Indian bitcoin and blockchain community by continuously innovating: - Industry leading Crypto-Assets and Blockchain company offering two market leading platforms: Unocoin, an online brokerage for trading bitcoin, and Unodax, an order matching crypto exchange. - Providing 24×7 customer support by email and telephone. - Unique buying plans such as SBP (systematic buying plans) & OTC (over the counter) along with multi-tier membership programs. - Introducing new features such as Crypto Basket, etc. We are all aware of the RBI’s recent stance issued about the discontinuation of services by RBI regulated entities (banks/ payment gateways) for the purchase and selling of cryptoassets. Due to the RBI’s [recent notification](https://rbi.org.in/Scripts/NotificationUser.aspx?Id=11243&Mode=0) on ‘Prohibition on Dealing in Virtual Currencies’, our banking relationships are likely to be disrupted on or before July 5th, 2018. We are in the process of deploying new mechanisms for INR deposits and withdrawals. This is not a small undertaking and it will take us some time to deploy new solutions, please do not panic. Until further notice from our team, customers may continue INR deposits and withdrawals from Unocoin through normal banking channels as long as our bank accounts are functional beyond which the bank accounts based deposits and withdrawals of INR won’t be available till the RBI’s notice stay effective. ### Also Read: **Categories:** Blog --- ### [7 Fields Where Blockchain has Changed The Day to Day](https://blog.unocoin.com/7-fields-where-blockchain-has-changed-the-day-to-day/) **Published:** July 2, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*tem6hcrdg4DKwrG69fGKlA.jpeg)7 fields where blockchain has changed the day to dayBlockchain technology is most popular as the technology that underpins Bitcoin. However, the digital ledger system is characterized by the decentralized, secure and distributed network it is built on. This has led to the technology being adopted across various industries and operational domains. Following are some of the fields that have seen a change in their regular operations due to an implementation of the Blockchain technology. ### The Banking and Fintech Industry ![](https://cdn-images-1.medium.com/max/800/0*GgmxBSFFoJdXKvYj)IamwireWhile the banking sector forms the backbone of most economies across the world, there are a few issues that need to be addressed in the field. Banks these days, not only store money for the public but also facilitate and handle fund transfers and transactions for them. Adoption of the Blockchain technology in the field could serve as a secure foundation for all financial platforms that facilitate transactions and funds transfers. Availing loans, saving funds, completing monetary transactions, borrowing and lending money is all possible using platforms built on the Blockchain technology. SALT [(Secured Automated Lending Technology)](https://www.saltlending.com/) is a membership-based lending and borrowing platform, that enables the users to get loans with the cash security in terms of national currencies by collateralising blockchain assets like Bitcoin. WeTrust and ETHLend are a couple of financial platforms that are also based on the blockchain. They enable activities like buying insurance, starting savings accounts and peer-to-peer lending. A [lot of brick and mortar banks have also adopted](https://kryptomoney.com/axis-bank-implements-ripple-blockchain-technology/) the blockchain technology for long-distance funds transfer and other normal operations. ### The Healthcare Industry The healthcare industry requires a major upgrade in operations and management across the globe. Storage of healthcare records and clinical data is one field where the sector could use the Blockchain technology. Cases of error, fraud, and lost records in the past, has led to insecurity in the minds of the consumers causing them to distrust healthcare providers. ![](https://cdn-images-1.medium.com/max/800/0*HJW35-eBsEdUVz0q)Blockchain technology can re-establish this trust between healthcare payers and providers by providing a decentralized and secure platform for storing medical records. These records can be stored accurately and safely transferred to and accessed by the doctors and people who are authorized. Due to blockchain technology, all of this is possible without the fear of having the data lost, tampered or misused against an individual. Estonia’s government has adopted the technology to secure its citizens’ medical data. The country’s eHealth Authority has signed a deal with [Guardtime](https://guardtime.com/), a blockchain pioneer, for the same reason. ### The Education Industry A few processes in the current education scenario are extremely slow, expensive and inefficient viz. the process of conducting standardized tests (like the SAT, GRE etc.), sharing the exam scores with colleges or even obtaining transcripts. There is an additional fear of losing these credentials or documents in the transaction, leading to huge inconvenience for the students. The blockchain technology can bring in the elements of transparency, immutability, collaboration. It will also eliminate the requirement of intermediate authorities for all processes. All concerned parties interested in viewing academic credentials can access authentic records on the blockchain network. As the vision of the [Ledger Project](http://www.learningisearning2026.org/), the education sector could be impacted to an extent where everything we learn is tracked through on the blockchain. This is set to happen by 2026. While creating a portfolio on a blockchain network is one of the major advantages, the technology could also facilitate accelerated training and education by creating a peer-to-peer learning network. This would facilitate the community to contribute to the others’ learning. E-learning platforms like [LiveEdu](https://tokensale.liveedu.tv/) can also bring a change in how the online decentralized education system works. ### The Energy Sector ![](https://cdn-images-1.medium.com/max/800/0*V8xPsEl6QT6EnWyN)BitcoinisleBlockchain technology can allow producers of wind energy and solar energy to directly provide electricity and power to consumers. It can also facilitate innovative and sustainable forms of energy as the community will now have more transparency in their operations. Blockchain technology can introduce and popularize the concept of peer-to-peer trading of electricity without the need for an intermediate authority. Lithuanian blockchain startup, [WePower](https://www.smartcompany.com.au/startupsmart/news-analysis/lithuanian-blockchain-startup-wepower-energy-australia-trial-53-million-ico/) enables financing investment in green energy projects along with the trade of sustainable power at scale. PowerLedger is another decentralized energy trading platform that carries the aim to trade surplus energy among common people, commonly at apartment-level to reduce the interference of energy companies and decentralize the energy sector. ### The Insurance Industry Professionals in the insurance industry are welcoming Blockchain technology to bring in innovation, transparency, cost reduction and process efficiency. Thus, enabling revenue growth for the industry. What needs attention in the current insurance service system is the lack of trust and high costs. IBM’s [Blockchain for insurers](https://www.ibm.com/industries/insurance/solutions/blockchain-technology-insurance-industry) enables faster transactions, data exchange and provides transparency to all parties in a network. The pervasive security of a blockchain network facilitates greater trust and transparency in distributed ledger transactions. WeTrust is a decentralized platform for financial products which designs insurance contracts in a simplified manner to avoid chances of misguiding or cheating on a consumer. This would also improve the chances for getting claims approved. ### The Legal Industry The legal industry is a sensitive domain that deals with a lot of data on individuals, corporations, and entities. This calls for secure databases and transactions to ensure trust between the service providers and customers. Besides improving the operations involved in the legal industry, Blockchain can also eliminate the need for long legal processes in some domains like inheritance of assets. For instance, Safe Haven, a digital inheritance blockchain platform, gives users the opportunity to secure digital assets so that the investor’s legacy can be protected and transferred in a transparent and secure manner. The law faces issues and lack of trust when it comes to protection of intellectual property in the current digital age. Blockchain-based entities like [NKOR](https://www.linkedin.com/company/nkor/) promise to have a platform that allows users to register their intellectual property and anchor it to the records ledger. ### The Real Estate Sector ![](https://cdn-images-1.medium.com/max/800/0*8xwTKnHQwfW3b9CG)Blockchain technology can streamline the real estate ecosystem by allowing people to securely and efficiently share data and money. Every real estate transaction has to be processed through the multiple listing services (MLS), which keeps a record of all agent-client mappings, listing agreements, contracts, and appraisals. However, the MLS is highly fragmented which makes it extremely difficult for people (non-industry-professionals) to access the data. Having outdated systems hampers an agent’s ability to make comparisons and spot trends before he/ she seals a deal. Blockchain can address all these concerns by introducing a decentralized and secure data storage system. [Ubitquity](https://www.ubitquity.io/home/usecases.html) is a blockchain-secured platform that is working towards eliminating errors in public records, forgeries, illegal deeds and other process inefficiencies. Since most of the customers of the real estate system get frustrated about the commission rates that soar up to 6 percent, optimization of the same becomes mandatory. Australia based [Deedcoin](https://www.deedcoinlaunch.com/) is trying to make amendments to the commission rates through the cryptoasset-powered platform. Deedcoin’s platform and proprietary tokens can bring those rates down to just 1%. ### Also Read: **Categories:** Blog --- ### [RBI vs Cryptocurrency Exchanges: Supreme Court to Hear Plea on 20th July](https://blog.unocoin.com/rbi-vs-cryptocurrency-exchanges-supreme-court-to-hear-plea-on-20th-july/) **Published:** July 3, 2018 **Author:** Unocoin Growth **Content:** The holiday bench of the Supreme Court has refused to hear the plea for interim relief. The hearing is set for the 20th of July. Banking services are expected to be revoked this week. We would like to let you know that this is not a ban on Cryptoasset and a policy in this regard is expected in the near future. However, if you are withdrawing or depositing any rupees in Unocoin, there could be a time when we may not honour such requests. Please continue to trade once you have understood the risk. ### Also Read: **Categories:** Blog --- ### [How Ethereum got its name?](https://blog.unocoin.com/how-ethereum-got-its-name/) **Published:** July 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*6gCnv5JpipT_-o16PsId1w.jpeg)How Ethereum got its name?One fine day, Vitalik Buterin, the Co-Founder of Ethereum was browsing through a list of elements from science fiction on Wikipedia. He came across the word Ethereum and he liked it more in comparison with all the other words as this word consisted of another deep word, Ether. Ether refers to the hypothetical invisible medium which permeates the universe and permits the light to travel. This is how Buterin came to a decision of naming his network Ethereum. Vitalik Buterin is a known Russian-Canadian writer and programmer who is primarily recognized for being the co-founder of Ethereum. He also happens to be the co-founder of a magazine called The Bitcoin Magazine. ![](https://cdn-images-1.medium.com/max/800/0*pjUjyesKaoaqsFes)Vitalik first described Ethereum on a white paper in the late 2013s. He founded Ethereum as he felt that Bitcoin needed a scripting language for the specific application development. But, he failed to gain the agreement. After this, he proposed the development of an entirely new platform that consisted of a more general scripting language. ### Ethereum It all started with the existence of Bitcoin. Cryptoassets had become entirely synonymous to Bitcoin for many people, with an idea of digital money and rising a market capitalization of around $100 billion. The second most considered valuable asset is Ether. It became popular due to Ethereum, which is a software that runs it. Ethereum was first released on July 30, 2015. ![](https://cdn-images-1.medium.com/max/800/0*g8Pk1wFuydwOtohy)Ethereum is a public, open-source, blockchain based distributed computing platform and is also the operating system that features smart contracts on a functional basis. Ethereum supports a better and modified version of Nakamoto consensus through state transitions based on transactions. The blockchain of a cryptoasset known as Ether is created and generated by Ethereum. Ethereum provides the decentralized Turing-complete virtual machine, the EVM, also known as **Ethereum Virtual Machine**, that can also execute the scripts using an international network of public nodes. The internal transaction pricing machine that is utilized to mitigate spam and allocate resources on the network is known as **Gas**. Gas is not a asset, rather is a measurement unit regarding the transaction. Gas price is decided by the sender, but the miner will define the order of execution of the transactions. During the time of a public announcement in January 2014, there were only four people in the core team of Ethereum, namely, Vitalik Buterin, Mihai Alisie, Charles Hoskinson, and Anthony Di Lorio. In early 2014, the formal development of Ethereum software project began, through a Swiss company, Ethereum Switzerland GmbH. The fund for the development was generated by an online crowdsale which happened between July and August in the year 2014. In this crowdsale the participants purchased Ethereum value token (Ether) with the help of another digital asset, Bitcoin. The entire system went live on July 30, 2015, with around 11.9 million coins for the crowdsale. The DAO project collapsed in 2016 due to which Ethereum was split into two separate blockchains. The new version was known as Ethereum and the original one continued to be known as Ethereum Classic. In 2017, the value of Ethereum asset grew to be over 13,000 percent! Here’s [another in-depth look at this rising cryptoasset](https://blog.unocoin.com/all-you-wanted-to-know-about-ethereum-5380ae5acf4c). ### Also Read: **Categories:** Blog --- ### [Unodax introduces 5 new coins](https://blog.unocoin.com/unodax-introduces-5-new-coins/) **Published:** July 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*D-tE--pkt6IMq8AfFR6nJg.png)Unodax introduces 5 new coinsUnodax, India’s leading Cryptoasset exchange and blockchain company has added 5 more coins. Unodax is now live with 22 major cryptoassets. ### List of tokens introduced at Unodax exchange - Maker - Numeraire - TenX - Quantum Resistant Ledger - World Wide Asset Exchange ### \#1 MKR ![](https://cdn-images-1.medium.com/max/800/1*pFRi501NLQBxo8wJOJBxsg.png)MKRKnown as **Maker Token (MKR)**, it is a cryptoasset deployed on Ethereum platform. It is used for stabilizing the price of DAI bond, and raising capital using loans. DAI is a decentralized stable token — pegged at $1. With total supply of 1 million tokens, the current market capitalization of the token is about **$556 million**. ### \#2 NMR ![](https://cdn-images-1.medium.com/max/800/1*-RcYIYxAqZNEE5SQnHDgOQ.png)NMR**Numeraire (NMR)** is a cryptoasset used in the novel auction mechanism. It makes overfitting economical. As Numeraire abstracts the financial data, the problems of overfitting and human biases can overcome. The total market capitalization is near **$16 million** with total supply of 2,349,328 tokens. ### \#3 PAY ![](https://cdn-images-1.medium.com/max/800/1*WhqjKTGsbxOpI3lHAvfgFw.png)PAY**TenX (PAY)** is changing the world of travelling for all of us. You can use this cryptoasset anytime and anywhere. There is no conversion fees associated with it! It has a total supply of 205,218,256 tokens and a total market capitalization of **$150 million** currently. ### \#4 QRL ![](https://cdn-images-1.medium.com/max/800/1*c_Hph3EArawBmn-9jQtX5g.png)QRL**Quantum Resistant Ledger (QRL)** is one of its kind cryptoasset — it protects the blockchain from conventional and quantum style attacks. Currently, it has a total market capitalization of **$52 million** with total supply of 65 million tokens. ### \#5 WAX ![](https://cdn-images-1.medium.com/max/800/1*b8Dv1GFF2S9Ah4SEpKDdew.png)WAXKnown as **World Asset eXchange (WAX)**, it provides a platform to any user for operating a marketplace at absolutely zero cost! These are the utility tokens that permit virtual goods which can be easily exchanged for cryptoasset. Total supply is capped at 1.85 billion tokens and the current market capitalization stands at **$170 million**. - **All the market capitalization values given below are as of 15th May 2018 (and should be considered in approximation).** ### Also Read: **Categories:** Blog --- ### [Unodax introduces Crypto to Crypto trading pairs](https://blog.unocoin.com/unodax-introduces-crypto-to-crypto-trading-pairs-2/) **Published:** July 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*YC3SQayttrY5ux97cK5uNA.jpeg)Unodax introduces Crypto to Crypto trading pairUnodax, India’s leading blockchain and cryptoasset company is introducing 17 crypto-to-crypto trading pairs. As a trader, you may ask how should I buy cryptoasset in Unodax after the banks have stopped facilitating payments to cryptoasset exchanges in India. Unodax offers a solution through crypto to crypto pair trading. This article is an introduction to crypto-to-crypto pair trading at Unodax. Important terms which you should know before trading crypto-to-crypto. ![](https://cdn-images-1.medium.com/max/800/1*0YuDWECRMC1Qobql-O5JIQ.png)Crypto-to-Crypto Trading PairsCrypto-to-crypto trading pairs have a base coin and a quote coin. **Base Coin**: Base coin or base asset is the underlying asset used to buy other cryptoasset. Base coin is similar to INR, which you use to buy any cryptoasset in an exchange. Example: Consider BCH/**BTC** In the above crypto pair BTC is the Base coin which you used to buy BCH. **Quote Coin**: Quote coin is the Cryptoasset which you wish to buy. Example:Consider **BCH**/BTC In the above crypto pair BCH is the Quote coin. *Unodax offers 17 crypto to crypto pairs for trading with 3 base coins. Below is a list of crypto pairs which is available to trade at Unodax.* ### **Crypto to Crypto pairs** #### **Base coin: BTC** BCH/BTC ETH/BTC LTC/BTC XRP/BTC BTG/BTC GNT/BTC CVC/BTC ZRX/BTC OMG/BTC #### **Base Coin: ETH** BCH/ETH LTC/ETH XRP/ETH BTG/ETH #### Base Coin: XRP LTC/XRP BTG/XRP FUN/XRP ZIL/XRP **Fees Structure**: Unodax collects fees based on a maker and taker model. **Maker Fees:** 0.4% **Taker Fees:** 0.6% #### Note: GST is NOT applicable to Crypto to Crypto pair trading at Unodax **Categories:** Blog --- ### [Ripple Might Surpass Bitcoin in Return](https://blog.unocoin.com/ripple-might-surpass-bitcoin-in-return/) **Published:** July 6, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*3UPKysZTzb0dKge5PaGZEg.jpeg)Ripple Might Surpass Bitcoin in ReturnBitcoin is the most widely known cryptoasset around the globe. But there’s an entire world out there in the cryptoasset you may not be aware of. These cryptoassets are called “Altcoins” and include massively popular names like Ripple and Litecoin. Bitcoins are not the only go-to option if you are looking to trade online. Some altcoins are also giving huge returns as well. Bitcoin has peaked at a value of around $20,000 and currently trades for less than that. With beginner investors facing shaky confidence with such volatility, many have turned to Ripple. We even featured it in our list of ‘[coins to watch out for](https://blog.unocoin.com/the-crypto-market-rebounds-back-top-coins-to-watch-out-for-3c7d428b9203)’ recently. ### Ripple Ripple became quite popular when Uphold, a platform which lets the customers purchase XRP without any transaction fees made around $3 billion worth of transactions. Ripple has also partnered with Santander, SBI Holdings and LianLian International which makes it easily available to average citizens. Ripple’s Rapid product is also being tested by MoneyGram, Mercure FX, IDT Corporation, and Cuallix Mercadotecnia. #### Where is Ripple being used? Ripple has a huge market in the blockchain with clients including banks and well-known payment providers. It is hugely popular among bank as it makes huge money transactions between nations a lot easier, and accounts for billions of dollars being transferred every day. Ripple believes that XRP can be used as fiat currency between nations which means that a person says, in the USA converts US dollars to XRP and sends them to India where the receiver converts the XRP into rupees #### **Should you buy Ripple?** Ripple has been gaining a lot of popularity in 2018. But if it fails in gaining further acceptance in the cryptoasset industry, it would severely impact ripple’s reputation in the crypto market. Cryptoassets are already changing the world, helping the entrepreneurs create disruptive products, and raising funds from them via ICOs. As the crypto market becomes more popular, the value of Ripple will also balloon. Apart from being cheaper (and therefore gaining a psychological advantage), it also has chances to provide a higher return (nearly 5.5 times) compared to the bitcoins (1.5 times), according to analysts. As the cryptoasset market grows, investors may want to focus on XRP and other such options. The huge size of Ripple’s market (and its institutional backing) is a clear sign of the potential of it has of becoming one of the most valuable cryptoassets in the future. Its partnerships with the industry leaders not only establishes the legitimacy but also help in its wide acceptance as well. Many cryptoasset watchers have become obsessed market capitalization which refers to the amount of virtual currency going around. It is calculated by multiplying the price of a particular asset with the number of units. Bitcoin which is arguably the biggest player in the market, that resulted in the popularity of other cryptoassets as well and the investors, are looking forward to these alternative options. [Currently](https://www.cnbc.com/2018/01/08/ripple-xrp-market-cap-bigger-than-bitcoin-if-price-hits-7.html), the two popular assets — Ethereum and Ripple are fighting for the second spot and it seems like Ripple will gain the upper hand with the popularity and wide appeal, although it won’t be a surprise if it surpasses bitcoin in the future. ### Also Read: **Categories:** Blog --- ### [Ethiopia uses Cardano for blockchain in agriculture](https://blog.unocoin.com/ethiopia-uses-cardano-for-blockchain-in-agriculture/) **Published:** July 9, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Bf_6dwj8ea8oEeuBnu7DCQ.jpeg)Ethiopia uses Cardano for blockchain in agricultureThe Federal Democratic Republic of Ethiopia, also known as Ethiopia, is one of the most populated landlocked countries in the world. It also the second most populated country in the African continent, with more than 102 million inhabitants. Ethiopia is also known to hold most of UNESCO world heritage sites in Africa. ![](https://cdn-images-1.medium.com/max/800/0*Fqct1TZQgGb6exmf)Africa is rapidly growing in the blockchain movement, with Ethiopia becoming the most recent African country joining the blockchain hype. The Ministry of Science and Technology, Ethiopia has signed a Memorandum of Understanding (MoU) with Charles Hoskinson, CEO, Cardano — a fledgling cryptoasset startup; with an aim to seek benefits with the help of Cardano’s blockchain technology in the field of domestic agriculture. ![](https://cdn-images-1.medium.com/max/800/0*9RLkwxlh0A-ezX6O)Blockchain is a revolutionizing technology that has underpinning cryptoassets, such as, bitcoin and other various assets. Blockchains can reduce the cost while increasing the efficiency in almost every possible industry which stores records. Digital blockchain property register identifies the any kind of land with the help of the GPS coordinates which then allows the property owner to remain verified and the land can be transferred at a lower cost. ### Cardano Cardano, an IOHK product, is a platform that runs blockchain for type of a cryptoasset called Ada. The only cryptoasset wallet that holds and permits the transfer of Ada to other wallet addresses is called Daedalus. Cardano was established on 29th September 2017, under the bootstrap phase of Byron with an official launch in Japan. The platform develops its own asset around Recursive InterNetwork Architecture. Cardano is in a run to establish a decentralized blockchain platform which will be supporting the decentralized applications as well as the smart contracts, similar to the Ethereum. ![](https://cdn-images-1.medium.com/max/800/0*vfKK2BuloJFFnGQS)### Ethiopia uses Cardano for blockchain in agriculture The agreement between Ministry of Science and Technology and Charles Hoskinson will also be leveraged to promote the use of blockchain in domestic agriculture. According to John O’Connor, Director of African Operations at IOHK, development of blockchain platform should be completed by the end of 2018. The agreement between the two entities included a proper training programme for the developers of Ethiopia in order to use blockchain. The training would be free of cost and will hold no obligations. Both parties are planning to establish a blockchain on the basis of academic research, and will also be utilize to increase the amount of effectiveness and build the registries related to the tasks. Ethiopia’s aim with Cardano is to build a blockchain on the basis of peer-reviewed academic research done by one of the world’s foremost engineers and researchers, and establish it as much more than just land registries. They have opted for it to be written in Haskell, that is a formal programming language which permits mathematical guarantees regarding the correctness of code. The decisions regarding the designs were made as they will give away strong foundations to the applications built on Cardano. The core goal of Cardano in Ethiopia is the Haskell engineering team. It will turn the research into original lines of code. Ethiopia has also been running on engineering schools in partnership with few universities in Greece and Barbados, which will also take the young graduates to train in Haskell. Towards the end of this course, few of the students will be hired by IOHK at the post of junior software developers, where they will continue learning the same while earning a competitive amount of salary. The training is free for these students and is without any obligations. ![](https://cdn-images-1.medium.com/max/800/0*f-gQLqmdVQCm6o6L)This year Cardano is going to deliver its first course in Africa, which will be in Ethiopia and is expecting the first cohort of Ethiopia developers to contribute further to Cardano code by the end of this 2018. ### Also Read: **Categories:** Blog --- ### [Litecoin: The Perfect example of peer-to-peer digital asset](https://blog.unocoin.com/litecoin-the-perfect-example-of-peer-to-peer-digital-asset/) **Published:** July 11, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*fvg5IJx6CNwx5ONAh0zy9Q.jpeg)Litecoin: The Perfect example of peer-to-peer digital assetWith the advent of blockchain tech, the traditional design of investments has become obsolete and dull. The global economy is overwhelmed by the twenty-first century’s technological revolution. Amidst all these phenomenal initiatives taken to obtain a radically transformed economy, not knowing about Litecoin is a fool’s errand. ### The Rise The year 2011 marked the initiation of Litecoin where it was introduced to the global audience for the first time. **This network was formulated by a Google employee, Mr Charlie Lee**. Gradually, the Litecoin market started seeing its fair share of good days and shot up to a 100% growth in 2013. In no time, Litecoin crossed the $1 billion line and established itself as an influential digital asset in the global marketplace. Today, there’s no looking back for Litecoin. Considering it’s speed, its efficiency in providing a secure platform, Litecoin stands out as one of the most preferred cryptoassets in use. No regulatory interference from the authoritative bodies stands as a barrier in the business conduction of the crypto. It ensures that the crypto-trading does not become a subject to the severe execution of law and that no governmental surveillance can work towards vindication of the smooth conduction of its business. ### And Rise Litecoin was introduced as an alternative asset to Bitcoin that would establish a promising environment for faster and safer transactions. It has kept its promises, and today, Litecoin is pivotal in providing nearly zero transaction costs, faster trading and a safer network. It takes a mere span of 2.5 minutes to add a block in Litecoin while that of Bitcoin takes nearly about 10 minutes. Today, it holds a capital of $8 billion dollars that has its roots delved deep into the digital economy. Lately, Litecoin has been in headlines for a considerable period of time. This is mainly because of the fact that the estimated predictions of Litecoin shows a rise of its valuation. The crypto world is shadowed with the falling market prices. Bitcoin and Ethereum, the two most popular and influential cryptoassets have tumbled down over with a price drop. In this present situation, any affirmations of an uplifted cryptocurrency is a gift from above. Litecoin’s probable price upliftment will bring in a flourished market for the Crypto in future. Since the crypto market is showcasing an increased state of volatility, it is a safer stance to invest in a digital asset that promises a fruitful year ahead. Built on a P2P networking system, Litecoin released the 0.15.1 version of its software in March, 2018. The coding language that has been presented is C++ and the OS that supports Litecoin are Windows, OS X, Linux and Android. A highly educated and experienced team of dexterous professionals have worked together to develop the new Linux version for a hassle-free user experience. Experts are envisioning that Litecoin will end the year, 2018 with a whopping price of $600 dollars. If this turns to be true, Litecoin will surely rise above most other cryptoassets that are facing the downhill today. ### Also Read: **Categories:** Blog --- ### [Verifying art pieces just got easier with blockchain tech](https://blog.unocoin.com/verifying-art-pieces-just-got-easier-with-blockchain-tech/) **Published:** July 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*ZyWE61vPpSPnqtbHWevMPQ.jpeg)Verifying art pieces just got easier with blockchain techBlockchain technology was originally invented for financial purposes and interests only; however with development, ledger technology has found its use in other domains, apart from financial services, blockchain seems to found its way into the most unlikely scenarios including Energy, gaming, e-voting. The blockchain is also playing a major role in verifying art pieces for authenticity. Artists have been unreliable when they need to document their work, which makes it difficult for collectors to find out whether they are buying an original, inspired or copied artwork. If the artist’s work cannot be protected, it may be forged on a small or wide scale. Vickram Sethi, Chairman, The Institute of Contemporary Art, bought an M. F. Husain painting for his gallery a few years ago. He says that usually the artworks of artists who aren’t alive are usually forged on a large scale. However, the blockchain technology can be used to save the works of living artists from forgery and illegal imitations. #### Read:[ Using the Blockchain to Track Assets for Proof of Ownership](https://m.nasdaq.com/article/using-the-blockchain-to-track-assets-for-proof-of-ownership-cm715872) This pushed Rob Norton to create an application that allowed artists to create a self-made system of verification for their art. What started out as a phone application has now blown up into the world a leading platform for authenticity certification, called Verisart. ![](https://cdn-images-1.medium.com/max/800/0*Axw9NEBCIdArTcvs)### How does it work? Blockchain creates transactions that cannot be reversed or traced. This builds credibility so that potential art buyers do not end up buying forged work. People are also more likely to spend on pieces that are verified. The Verisart app can be downloaded by anyone, however, access is possible only through invitation. Once a profile is created, the artist must upload information about the artwork so that it can be completely verified. This includes an image of the front of the work and proof that it has been displayed at an art gallery before. After all the verification processes are concluded, Verisart issues a certificate to that particular artwork of the seller. This works as an authentic and permanent record for the physical art-form and is then entered into the ledger. A timestamp is put on the certificate which makes it unique. It is then recorded to the blockchain. ![](https://cdn-images-1.medium.com/max/800/0*7tf4laSndmUp5w9-)*A look at the certificate as seen from the app. Source:* [*widewalls*](https://www.widewalls.ch/verisart-app-robert-norton-interview/) Just as blockchain helped getting rid of middlemen to carry out transactions, in art, middlemen are no more required to close deals and provide liquidity. With the whole process gaining more momentum in the online space, authenticity and verification will become more important in the future. While most people believe that anonymity might be a big advantage here, it could also prove to be a problem. Art frauds may not be traced back to the owner due to privacy. #### Read: [How Blockchain Technology Could Solve 3 Big Problems Plaguing the Art Industry](https://news.artnet.com/art-world/cryptocurrencies-explained-part-three-1248863) ### Risks Verisart does not use a customized version of the blockchain, it rather uses the original, unaltered version of the bitcoin blockchain. This makes it susceptible to replications and hence to frauds. Another point to draw attention to is that artists who sell their work privately might be a little hesitant to share their information on such a public platform. However, this technology is being used by many artists which could possibly give a boost to the online art market. Putting art on the blockchain could also lead to a decentralized art registry, which would help put together a significant collection of verified, authentic art. ### Also Read: **Categories:** Blog --- ### [$8 million home can be bought by Bitcoin!](https://blog.unocoin.com/8-million-home-can-be-bought-by-bitcoin/) **Published:** July 16, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*o6j6q85WWVmZrO8uLpUEwg.jpeg)$8 million home can be bought by Bitcoin!Becoming crypto rich is becoming a fad. Ever since its introduction, cryptoasset has transformed our current perception of currency. Real estate is the newest industry embarking on this. Alan Ezier, an entrepreneur has put up his $8 million mansion for sale in bitcoin. He wants trendsetters to show the people how cryptoasset can be used like credit cards. Another big advantage being, it’s a peer-to-peer and does not involve unnecessary the intervention of middlemen. Ezier said “I think blockchain technology is here to stay, and Bitcoin as an asset creates a new self-sustaining independent financial system. The reach of cryptoasset on a worldwide basis has given people more confidence in the asset. With its increase in popularity, it now reaches an audience that maybe wouldn’t have been interested a year ago.” He further adds, “Bitcoin has created new millionaires and billionaires, and is ripe for selling goods and services to those people. It’s no different than someone that just made 100 million on an IPO. Eventually, many products and services will have the option to be purchased with cryptoasset.” ![](https://cdn-images-1.medium.com/max/800/0*Nf1avdbH-T_dVnYQ)DisruptordailyHis property is up on sale via a San Diego based Canter Companies, real estate agency. It’s a full-service investment firm that manages the life cycle of real estate and is involved in asset management. The company uniquely operates in two areas, real estate, and wealth management. While there’s a disconnect between these two segments, a unique management of both gives Canter Companies an edge over the others. By combining realtors and financial advisors under one roof, the company provides meaningful information and assistance to its customers in terms of asset management and wealth creation. CEO and Founder Andrew Canter says, “Our job is to make sure our clients are aware of emerging technologies and trends. After carefully studying this industry, it is clear that there is an entirely new class of wealthy individuals which are underserved and our mission will be to help bridge that gap between them and our real estate clients. This won’t be a one-time campaign. We’ll continue to research and implement different strategies to gain access.” ![](https://cdn-images-1.medium.com/max/800/0*fF0pk1wwp_-T0RnB)DailydotThe company has put up two magnificent properties for sale in bitcoins. One of the properties at 6653 Neptune has been [put up for sale for $11,800,000](https://www.prnewswire.com/news-releases/san-diegos-canter-companies-announces-20-million-in-homes-up-for-sale-in-bitcoin-300599846.html), which equals 1199 bitcoins. Another one, belonging to Alan Ezier, is located at 1257 Silverado in La Jolla and is priced at $7,995,000 812.4 in bitcoin. These are not the first properties, to be listed for sale through bitcoin in San Diego. In November 2017, a 2.3-acre property was also up for sale with the owner preferring bitcoin payment as he felt that it offered a greater guarantee that buyer would actually make the complete payment for the house. Some other platforms like [bitcoinrealestate.com](http://bitcoin-realestate.com/) are also providing options to sellers to sell their properties using cryptoasset. ### Also Read: **Categories:** Blog --- ### [Buying your dream home with Ethereum](https://blog.unocoin.com/buying-your-dream-home-with-ethereum/) **Published:** July 18, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*rR1RXUUHb7RCPhV4NdaEqQ.jpeg)Buying your dream home with EthereumYou might have thought about buying that coveted beach house one day. Or, save up enough money to buy that apartment with the awesome view of the city’s skyline from a skyscraper. In today’s world of cryptoasset transactions based on blockchain technology, some are making their dreams come true by exchanging their cryptoassets for real estate! In October 2017, Michael Arrington, the founder of TechCrunch, bought an apartment in the Ukrainian market using an Ethereum **“smart contract”** which was the very first transaction of its kind. Ethereum (ETH) is a public blockchain-based distributed computing and operation platform with the smart contract functionality. A smart contract is a cryptographic protocol that facilitates, enforces and monitors the execution of an agreement or contract precisely as programmed and immutable. Ethereum is, therefore, getting known as the blockchain that will ‘do for everything else what bitcoin did for money’. ### Rising trend Although cryptoassets have been called risky investments all the while, they are being re-established as alternative ways of paying for regular commodities more recently. Many merchants worldwide have started accepting Bitcoin. Microsoft and Dell being the big ones! A lot of stores and companies in Japan have started accepting bitcoin as payment for their products and services. People can soon start using cryptoassets to pay for burgers at a drive-through! We have already witnessed a few real estate transactions over the blockchain in the past year, and it’s not as hard as we think. The most essential condition for you to buy a property with Ethereum is: the buyer and seller must agree on exchanging Ethereum for the property. The first single-family home sale was in Texas, involving Bitcoin, in 2017. Some sites have made it easier to look for properties that we can buy via cryptoasset exchange. Ethereum is a far better option for buying your dream home than bitcoin because it provides faster transaction time and lowers transaction fees as compared to bitcoin. Plus, it also provides the added benefit of the “smart contract” function, which opens up several additional possibilities for the real estate market to take advantage of. Ethereum might soon be used for most transactions. It depends on the number and importance of the companies that start trusting and using ETH. ### Shortcomings All the same, as super cool the idea of a new virtual asset to purchase real estate and things of daily use can be, there is and will be initiated and even prolonged nervousness and doubt about the success of the asset to newcomers, especially in the light of the perceived risks involved. Much concern might be regarding the lack of regulation or a governing body and the lack of understanding about how the gains in real estate through bitcoin are taxed by the tax authorities of each country. Moreover, buying property with bitcoin might not be simple in every case, as experts point out. Even when the purchaser offering bitcoins for the purchase finds a seller who is willing to accept them, the next step of finding title insurance and escrow companies willing to comfortably handle transactions can be difficult when it comes to virtual currency. But then again, if you want to buy a house with Ethereum, you can make it work. Ethereum has charted a risky but beautiful path to distinguish itself from other cryptoassets. ### The Indian Context It would take time for cryptoasset payments for property to be a reality in India. However, it is more likely that the real estate wizards will use blockchain technology to make the real estate sector more transparent and accessible to the common man. ### Also Read: **Categories:** Blog --- ### [4 interesting facts about people buying cryptoassets](https://blog.unocoin.com/4-interesting-facts-about-people-buying-cryptoassets/) **Published:** July 20, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*RlUB5Y2sV2s-2_T3GAMOuQ.jpeg)4 interesting facts about people buying cryptoassetsThere are myriads of cryptoassets and altcoins being spoken about across the world. People are weighing in the pros and cons and purchasing some cryptoasset every second. With this growing frenzy of cryptoassets, the statistics that show the unique characteristics of this set of cryptoasset investors that are common across the globe, are intriguing!. #### The investor demography is dominated by young males ![](https://cdn-images-1.medium.com/max/800/0*-3vtK6oLNLzWHMTR)eToroAn [eToro report](https://www.etoro.com/blog/from-the-markets/who-are-the-crypto-investors/) dated May 10, 2018 states that only 8.5% of all cryptoasset investors are women.The majority of the cryptoasset traders (91.5%) are men. Furthermore, most of the people investing in cryptoassets either work in the Computer/ IT services sector, sales/ marketing industry or are students or unemployed individuals. If one looks at the range of ages of the cryptoasset investors, it is driven mostly by young people aged between 18–35 years. This clearly states that the majority of the investor demography is driven by young males. #### Popularity of the cryptoassets varies across the age groups of investors ![](https://cdn-images-1.medium.com/max/800/0*WRCZvdBGZJQDYD9I)eToroThe young investors are creating portfolios padded with the most popular crypto-coins available in the market viz. Bitcoin, Ripple, and Ethereum. Despite their higher risk tolerance, they seem to have an affinity towards the safer crypto-assets. Having said that, it is also evident that older investors (aged 55+) have portfolios comprising of more altcoins like Bitcoin Cash, NEO, and Stellar than their youthful counterparts. #### Majority of the total cryptoasset trading population consider themselves to be novices ![](https://cdn-images-1.medium.com/max/800/0*-PmHNixIlbmZblTb)eToroThe cryptoasset industry is at a nascent stage and is still evolving at a rapid pace. Most of the investors of this industry come from a diverse background and over 75% of them place themselves as novices in the field. They consider their expertise and knowledge of the sector to be at the beginner level. #### There is a stark trend in the average profitability of investors ![](https://cdn-images-1.medium.com/max/800/0*c2MRq0utA5Ctp_xN)eToroWith the majority of investors being novices in the industry, one would expect high rates of losses and negative returns in the field. However, the data from eToro reveals that most traders have gained positive returns on their cryptoasset investments. While Neo, Stellar and Bitcoin Cash show a negative average profitability, Ripple shows the highest positive profitability followed by Ethereum. We have seen that these crypto-coins also have a visible differences in their respective investor community with Ripple being popular among the young crowd and Bitcoin Cash among the older traders. It is thus only fair to claim that the trend of average profitability of these digital assets can also be extrapolated to the age groups of these investors. ### Also Read: **Categories:** Blog --- ### [Unocoin Introduces Ether(ETH) on Wallet!](https://blog.unocoin.com/unocoin-introduces-ethereth-on-wallet/) **Published:** July 21, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*BNWcN5GZiKRXijJJSYR2Tg.jpeg)Unocoin Introduces Ether(ETH) on Wallet!Unocoin observed the intrinsic popularity of significant trades of popular cryptoassets on wallet platforms. Keeping this in mind, Unocoin has decided to add Ether(ETH) on its wallet where a user can buy and sell along with Bitcoin. Following features for Ether will be available on Unocoin: 1. Buy ETH 2. Sell ETH 3. Deposit ETH 4. Receive ETH There is no change in the process of buying and selling of Ether and it will remain the same as Bitcoin. #### **Systematic Buying Plan** Systematic Buying Plan (SBP) is one of the most popular features introduced by Unocoin for BTC where a user can invest his/her INR amount smartly and systematically with less risk on daily, weekly or monthly basis, when he/she is not sure about the right time to buy Bitcoin. The same applies for ETH also where Unocoin allows the user to set a fixed time or day of their choice when a certain amount decided by a user will be deducted automatically from his/her Unocoin account and put in the Ether SBP plan. **Note:** SBP plan for Ether will be rolled out soon. #### **Assigning an ETH address to a User** One important change a user must note is — How and when an ETH address is assigned to a user? Ether address is not assigned to a user by default unlike BTC address unless ETH address is already associated to him/her. ETH address will be assigned only when below actions are taken by a user on their Unocoin account: 1. When users intentionally request Address Assignment #### Trading Users will be able to buy and sell their favorite “Ether” right on the wallet, along with deposit and receive their holdings from and to the wallet. A user can buy minimum Ether worth Rs 982 and maximum buying limit Rs 20,00,000 has been set whereas minimum and maximum selling Ether price Rs 1,000 and Rs 20,00,000 has been set respectively. **Referral Structure:** Users will continue to operate in the usual referral structure where one can earn 15% of transaction fee on each successful transaction. The Referrer will receive the referral bonus in ETH form instead of BTC as the Buy/Sell has occurred for ETH (This referral structure is eligible only for existing BTC referrer). ### Fee Structure #### **Buy and Sell Ether on Unocoin:** Unocoin charges a fee of 0.7% to buy or sell Ether on its wallet. After a certain period of time and a considerable amount of transactions, users account will be upgraded to “Gold Membership” where the transaction fee will be reduced to 0.5% of the trading amount and there will be no fee on holding of Ether on your Unocoin wallet. #### **Sending and Receiving Ether on Unocoin:** There is no fee when you send an Ether to an email id registered with Unocoin while sending ETH to another Ether address, Unocoin charges a fee of 0.01 ETH. There is no fee on receiving the Ether to your Unocoin wallet. ### Where Can You Get Started? Along with Bitcoin, now a user has the choice to buy and sell Ether in Unocoin wallet. Simply by signing-in/signing-up through the Unocoin app or website and direct yourself to the Ether page to start trading. Download the Unocoin app here:[ Android](https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet&hl=en) |[ iOS](https://itunes.apple.com/in/app/unocoin-bitcoin-wallet-india/id1030422972?mt=8) ### Also Read: **Categories:** Blog --- ### [Deposits/Withdrawals Notice:](https://blog.unocoin.com/deposits-withdrawals-notice/) **Published:** July 23, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*c2rIva1585bGBm146B4o_Q.jpeg)**Deposits/Withdrawals Notice**: As per orders from RBI, bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services. **Please note**: 1. Cryptoasset(coin) deposits and withdrawals are ON @ Unocoin & Unodax. 2. Using INR Balance Buy and Sell of BTC/ETH is ON @ Unocoin. 3. Crypto-rupee and crypto-crypto pair trading are ON @ Unodax. **Categories:** Blog --- ### [Beware of Scammers!](https://blog.unocoin.com/beware-of-scammers/) **Published:** July 24, 2018 **Author:** Unocoin Growth **Content:** Be aware of SCAMMERS on the name of Unocoin/Unodax. We will never ask you to “PERSONALLY” deposit INR into any bank account nor tell you to transfer your cryptoassets into any wallet address. We never contact our users personally to do any kind of transactions with us. Unocoin has recently witnessed many scams in the name of Unocoin/Unodax after the announcement of INR deposit and withdrawal suspension. On 4th April 2018, RBI has issued a circular to all banks to discontinue all INR trading relations with cryptoassets exchanges/wallets in India with immediate effect or in certain circumstances gave 3 months time to end the relationships completely. Unocoin found that there are some accounts active on social media channels and are contacting users personally to make the INR deposit into a bank account. Please note that below-mentioned account number in the screenshot is not associated with Unocoin and we hold no responsibility for the mentioned account. ![](https://cdn-images-1.medium.com/max/800/0*kW2FJlLxpbiGRDmb)Also bringing to your knowledge, most of the scammers are asking our users to personally transfer a certain amount of BTC to a particular wallet address for “users account rectification”. Please note: Unocoin will never ask you to send any amount of BTC for the rectification of your BTC wallet address. ![](https://cdn-images-1.medium.com/max/800/0*IbfQHN2d5FVh-V99)Unocoin will inform/update our users via Newsletter, Blog, Mobile & Desktop Notifications which will be carried forward through official social media pages, official telegram channel. To receive/confirm all kind of updates, kindly call our 24\*7 support team at 1800–103–2646 or write to us at **.** ### Also Read: **Categories:** Blog --- ### [Tron gets back in the game at top 10](https://blog.unocoin.com/tron-gets-back-in-the-game-at-top-10/) **Published:** July 24, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*56DQfi-RmOKSZapqNYUDpQ.jpeg)Tron gets back in the game at top 10If you are looking out for investing into cryptoasset, then keep your eye on TRON(TRX). Recently, the cryptoasset market has taken a huge hit, falling against the US dollar. Bitcoin trading around $9000 indicated a 4% growth and Ethereum only half a percent growth. During this time, TRON surprised everyone with a whopping 15% jump. This made Tron achieve a value of approximately $0.1011 and market capitalisation of $6.65 billion. Tron is an open source protocol based on blockchain that supports multiple blockchain systems like Bitcoin, Ethereum, Qtum. It also provides multiple protocol infrastructure to developers for entertainment application development and allows users to enjoy smooth protocol networks. ![](https://cdn-images-1.medium.com/max/800/0*4V5Fy_ip5qGqKAIc)Elevenews### Why did the rise happen? Tron’s journey to its way to the top has been glorious. It’s currently the 10th largest cryptoasset in the world. This rise can be attributed to many factors like upcoming coin burn, test net launch, migration of ERC20 token to its blockchain and token airdrops. Justin Son, the founder of Tron, recently tweeted about the airdrop which was initiated for the entire Ethereum community on April 27. “Progress Report: #TRON 30M #TRX Airdrop to #ETHEREUM Community, people who didn’t get #TRX airdrop, please bear with us as we work through #ETHcongestion issues. Thank you for your patience” — Justin Sun (@justinsuntron) May 1, 2018 Another reason for Tron’s rise is the upcoming super delegate elections. The tron system will work on a semi centralised governance system and that’s why the delegation is required. The control on tron is similar to Stellar and EOS where the level to trust is added to secure the network. These secure transactions are much more capable of achieving a high transaction rate and that’s why are more sought after. Tron processes transactions at a pace of 10,000 per second, whereas Ethereum handles just 25 transactions per second. Bitcoin handles about 7–13 transactions per second. This transaction rate is half of that for VISA. -Odyssey(OCN) official channel, April 2018 ![](https://cdn-images-1.medium.com/max/800/0*GeiAdngwdIaSjF2O)InvestopediaTron’s team has also successfully analysed and tested the transfer function, implying that point to point transfers will now be possible without any interruptions. The team has also completely debugged the network, removing any catastrophic attacks which might make the network slow. In addition to the tron network, the block generation system has also been debugged to assure that all nodes are initialised accurately. With the kind of efforts that has being put behind Tron, it’s not surprising to see that it is has soared high in the industry. If the current rate of growth is continued, Tron will soon be in the top 5 cryptoassets list of 2018. Do go ahead, analyse your crypto investments wisely! ### Also Read: **Categories:** Blog --- ### [International Monetary Fund (IMF) declares crypto trading is not risky](https://blog.unocoin.com/international-monetary-fund-imf-declares-crypto-trading-is-not-risky/) **Published:** July 25, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*oTqHJ7WDYXJ-LgKoDr8dFQ.jpeg)International Monetary Fund (IMF) declares crypto trading is not riskyThe global economy is continuing to change at a fast pace, and so is its attitude towards cryptoassets. The IMF’s managing director, Christine Lagarde’s latest blog post on cryptoassets shows a shifting perspective towards digital currencies as well. Christine Lagarde is a notable lawyer and politician. She is currently serving as the Managing Director of the International Monetary Fund since her re-appointment in 2016. Lagarde held various powerful ministerial positions in the French government. She was ranked 8th in Forbes’s World’s 100 Most Powerful Women list, 2017. ![](https://cdn-images-1.medium.com/max/800/0*wDvkM4BDWrnaD7Zr)In her post,”[ An Even-handed Approach to Crypto-Assets](https://blogs.imf.org/2018/04/16/an-even-handed-approach-to-crypto-assets/)”, she talks about the potential benefits of crypto trading. Lagarde carefully listed the benefits of virtual currencies in the modern world. DLT (Distributed Ledger Technology) is a potent medium which can bring about changes in the existing financial system. The Australian Securities Exchange already plans to use DLT for managing equity transactions. DLT can also be used for securely storing records. She conveys that an “even-handed approach” towards [Fintech can spur positive changes](https://blog.unocoin.com/bitcoin-is-saving-economies-4c0eaad6d168). The usage of decentralized applications will create a more balanced and robust financial system. Lagarde also notes that cryptoassets may pose serious risks if they become more mainstream. The price volatility, potential leveraged trading etc associated with crypto trading cannot be neglected. She advocates the need for global cooperation in the regulation of cryptoassets. In another blog post, “[Addressing the Dark Side of the Crypto World](https://blogs.imf.org/2018/03/13/addressing-the-dark-side-of-the-crypto-world/),” she analyzed the threats that come with crypto-assets. Given the anonymity and decentralized nature of cryptoassets, they could be used as vehicles for money laundering. She cited the shutting down of a darknet marketplace, Alphabay, which had exchanged more than $1 billion through crypto. She affirmed the need for regulatory technology in the crypto world for shutting criminals and protecting consumers. ### Global Financial Stability Report The April 2018 Global Financial Stability Report (GFSR) talks about the pros and cons of crypto-assets. Under the chapter “A Bumpy Road Ahead”, the report says that cryptoassets can unite the benefits of traditional currencies and commodities. The frauds revolving the same have been weighed too. The report notes that cryptoassets hold a very small share in the global financial system (less than 3%) as of now, and thus they pose limited challenges to traditional currencies and there’s nothing to be worried about! Those in charge of making new policies will have to work on a global scale. Innovative thinking and cooperating with other departments is the need of the hour to ensure that the average cryptoasset investor might experience more financial stability. ### The future of cryptoassets Even with all the loopholes in crypto trading, it has the potential to influence centralized financial institutions. In spite of the dismissal of Bitcoin by Jamie Dimon (CEO, JPMorgan Chase) and Ray Dalio (Billionaire investor), there’s still hope for cryptoassets. The recent stance of Christine Lagarde conveys the same. She says: *“..we need an even-handed regulatory agenda, one that protects against risks without discouraging innovation.”* ### Also Read: **Categories:** Blog --- ### [Tim Draper's crypto strategy of HODLING](https://blog.unocoin.com/tim-drapers-crypto-strategy-of-hodling/) **Published:** July 27, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*M6VvbIgt0FXdZkoxMVSEUQ.jpeg)Tim Draper’s crypto strategy of HODLINGTim Draper entered the cryptoasset market on 27th June, 2014 when he purchased close to 30,000 bitcoins on an online auction. He received wide coverage for his purchase of seized bitcoins from the Silk Road marketplace website. ### Who is Tim Draper? Timothy Cook Draper is an American venture capitalist and founder of the firm Draper Fisher Jurvetson in the year 1985. He is also the founder of Draper Associates and Draper University. With investments in Skype, Hotmail and Tesla, he has a net worth of around 1 billion dollar. Tim Draper has predicted that the market value of bitcoins would touch $250,000 by 2022. ### What is “HODLing”? The term “HODLing”[ was coined in 2013 in a bitcoin chat forum](https://bitcointalk.org/index.php?topic=375643.0), by an investor who was watching bitcoin’s price fall sharply but decided not to sell. He wrote a post titled, “I am HODLing,” meaning to write “HOLDing.” HODLers are crypto investors who buy and hold their positions regardless of price. Whether the market is up, down or sideways, these folk stay invested, confident in the long-term value of crypto. The term “HODL” was turned into an evocative acronym: Hold On for Dear Life describing the huge volatility associated with the cryptoasset market. One of the most rational approaches for investments as volatile as bitcoins is holding, because trying to time the market for such an investment is nearly impossible. If we take 5 out of top 10 cryptoassets in Jan 1, 2017 and compare them on Jan 2, 2018 we would get the following result – *BTC — $963.00 to $16,460 — total $17,092* *ETH — $8.26 to $878 — total $106,295* *XRP — $0.0065 to $2.41 — total $370,769* *LTC — $4.37 to $255 — total $58,352* *DASH — $11.26 to $1,160 — total $103,019* So, for an investment of $5000 a person would have got a return of $655,527. With this example it highlights why holding is one of the best strategies for the cryptoasset market. Tim Draper is one of the prime proponents of the “HODLING” strategy in the cryptoasset market. He expects that in five years, bitcoins will be one of the primary methods of payment and it would be holistically integrated in our everyday life. ![](https://cdn-images-1.medium.com/max/800/0*u5D9Zum4YHzgX7vo)source : [Medium.com](https://medium.com/@amazingandyyy/my-picks-for-hodling-for-2018-and-and-why-b164ce7462a7)He is an ardent believer that bitcoins will be bigger than the internet someday. His strategy of holding or “HODLING” is based on the following principles:- - You should believe in the blockchain technology. - Patience is the key, look for long term gains over short term ones. - He believes that the peak of the bubble is still far away, and cryptoasset might be bigger than the internet. - Since the prices are not too high right now, it could be the best time to experiment and take risks - If you are not sure what to do regarding your investments, you should hold on and wait - If you are unable to keep pace with the changing scenario, hold and wait ### Indian Market Scenario In India, holding bitcoins or other forms of cryptoassets is legal. The finance minister during the Union Budget 2018 speech said, “The government does not consider cryptoassets legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.” **Also read** :[ Learn from Crypto Millionaire, Alex Saunders](https://blog.unocoin.com/learning-from-the-crypto-millionaire-alex-saunders-ec46c0e9db90) However, the Indian government has recognized blockchain and said that a “distributed ledger system or the blockchain technology allows organization of any chain of records or transactions, without the need of intermediaries. The government will explore use of blockchain technology proactively for ushering in digital economy.” The government’s acceptance of the blockchain technology has come as a breather for the large number of investors in the cryptoasset market. In the future there is ample scope for the inclusion of cryptoassets in India as well with better safety and security measures hence for the Indian investors it is best now to “HODL” and hope for government acceptance as bitcoin and cryptoassets continue to rally world over. ![](https://cdn-images-1.medium.com/max/800/0*u6zgh8Mn8DboUc9U)*Source : Blockchaininvest.io*### Also Read: **Categories:** Blog --- ### [Finds new ways blockchain tech can impact industry innovations](https://blog.unocoin.com/finds-new-ways-blockchain-tech-can-impact-industry-innovations/) **Published:** July 30, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*WhKML3nBI7KwwUosHlcTTw.jpeg)Finds new ways blockchain tech can impact industry innovationsBlockchain technology is now being spoken about as a technological breakthrough like Artificial Intelligence, IoT, and VR. It is expected to introduce massive changes in the way industries work, grow, develop and beyond all that, innovate. Blockchain technology, characterized by its decentralized network is a distributed an secure network that can facilitate data transmission and storage. Furthermore, it enables the growth of technologies like IoT and Machine Learning. A [Deloitte report](https://www2.deloitte.com/insights/us/en/focus/tech-trends/2018/blockchain-integration-smart-contracts.html#endnote-7) talks about how broader adoption and integration of the blockchain technology can facilitate seamless and faster innovation across industries. ### Leveraging Blockchain in the path to innovation ![](https://cdn-images-1.medium.com/max/800/0*7aA8WByRVnTPMKBA)[Source: https://www.bitcoinmarketinsider.com/blockchain-innovations-that-will-affect-everyone/](https://www.bitcoinmarketinsider.com/blockchain-innovations-that-will-affect-everyone/)The blockchain ledger system enables easy flow of digital assets in a secure manner thus adding value to various industrial chains and technological applications. The promise of permanent and tamper-proof data records wins the technology some brownie points from industries that are keen on efficient data storage systems. Hence, a sustainable ecosystem for innovative experimentation, research and development have been created due to the introduction of the blockchain technology across industries. While industries have already started implementing blockchain for record-storage and basic transactions, there is a scope of much larger applications of the technology in the real world. The blockchain has started garnering attention for its scope of usage in industries like logistics and transportation. The Rotterdam port in Europe has set up a lab to study how blockchain can be applied to the energy and logistics sector. The team at [Block lab](https://www.porttechnology.org/news/rotterdam_port_celebrates_new_blockchain_lab) has explored the use of the technology in stock financing in the port logistics sector, putting structure to large-scale networks, supply chains and markets among other subjects. Various other sectors like social media and manufacturing are also leveraging learnings from blockchain technology to make rapid advancements. The key to more effective and informed innovation, however, is to standardize technology and integrate multiple blockchains within a value chain. The last few months have hyped blockchain to a level where it may stagnate if not dealt with smartly. Organizations should connect multiple blockchains for a seamless transaction of digital assets and hence faster operations. ### How can blockchain lead to better innovations? ![](https://cdn-images-1.medium.com/max/800/0*DjfMLWGcM6rU4MbC)- **Design a use case with a clear path to commercialization** As with any other project, PoCs (proof of concepts) that have a clear plan designed for wide-scale application and use, resonate better with the audience and the market. Hence, irrespective of the industry, it is necessary that blockchain is used to create additional revenue or cost savings opportunities for any use case. This would not only convince the market that blockchain is a lucrative option but will also set the stage for better project goals and clear objectives. This will then require clearly defined timelines and a skilled resource-set for the implementation of the project. It is expected that once blockchain is leveraged for mass-adoption applications, these projects and innovations are going to be enterprise-centric. This will thus, pave way for innovation and healthy competition in the industry. That will lead to not only better products and services in the industry but also more licenses, patents, and whitepapers on innovative technologies being promoted within a sector. - **Standardize technology, business processes, and talent skillsets** Since the decentralized ledger technology is growing in scope and scale, standardized technologies, platforms, and skillsets become even more necessary by the passing day. If all technological infrastructure and skillsets of people involved are standardized and improved continuously, it will ensure that enterprises can share blockchain solutions seamlessly and can collaborate on the design, development, and deployment of applications. This would also ensure that the personnel in an organization can develop deep knowledge in a few prominent blockchain protocols instead of developing basic know-how in multiple protocols or platforms. This would help enterprises specialize in domains and create competitive solutions in the same. Corporate giants like [JP Morgan](https://www.jpmorgan.com/country/US/EN/Quorum) are already developing and launching ledger systems for their respective industries. This would provide industries with platforms to develop ideas and use the system to create the state of art technological applications for use across enterprises. - **Integrate multiple blockchains into one big network** Creating enterprise partnerships across and within blockchain-enabled enterprises promises greater monetary value and boost to the blockchain-based ROI. Furthermore, interoperability within the blockchain ecosystem will ensure we can customize and enhance blockchain solutions faster and more effectively. This will also make organizations agile in terms of technological infrastructure and skill set. Doing so would not only create a competitive environment for innovation, research and development but also define common processes and standards for R&D in the industry. However, it is important to note that merging blockchains has a lot of constraints. It is only possible to do so once all historical data from one blockchain has been transferred onto the other blockchain. Once a network of blockchains is created, the convergence of protocols is set to accelerate. Moreover, with the advent of new protocols that support inter-technology, such ecosystems will be able to store and record data without any glitches, leaving them with more time to focus on industry-specific developments. The blockchain is set to revolutionize the trend of research, development, and innovation across all industries. However, we will have to keep devising new methods to use the technology before it becomes flaccid in the industrial and technological scenario. ### Also Read: **Categories:** Blog --- ### [Barron's report says big investors believe crypto will trump fiat](https://blog.unocoin.com/barrons-report-says-big-investors-believe-crypto-will-trump-fiat/) **Published:** August 1, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*GqafFBKKO3IhsuRiy3tZUw.jpeg)Barron’s report says big investors believe crypto will trump fiatBig investors continue believe that cryptoassets will replace fiat money. They are undisturbed by the recent drop in Bitcoin valuation, according to a recent report published by Avi Salzman, Barron’s magazine senior editor. There has been a drop of about 55% in the value of the cryptoasset market(from $829 to $372 billion) in the past few months. In January, this year, the valuation of cryptoasset market nearly stood at trillion dollars with few blockchain projects in their infancy. Bitcoin has dived down to 58% of its value since December, 2017 peak. The devaluation has mainly happened because of regulatory uncertainties which have recently barged in. But the surprising fact is, even though the value of major cryptoassets, Bitcoin, XRP(Ripple), Bitcoin cash, and Ethereum have reduced significantly, the report says that the big investors are still optimistic with respect to the status of cryptoasset and believe that it will soon replace fiat inevitably, despite all the devaluation. Interestingly, Tom Lee, the research head and co-founder of Fundstrat, predicted that we could still see Bitcoin hitting $25000 this year. He added*,” It’s overdue.Bitcoin was incredibly oversold. When you look at the metrics like price to book, which is money cost or out Bitcoin misery index, it’s pretty much what you saw at the end of 2014 bear market, not the start.”* Although we may not see Lee’s prediction turning true in near future, what stays remarkable is the fact that all the uncertainties of the cryptoasset markets do not seem to shake the big whales. ### Increasing inclination towards Cryptoasset world An increasing number of industries, government and non-government organisations, banking sector, real estate, retail stores, e-commerce and individuals are getting involved with cryptoassets. Most individual investors look for a short term investment opportunity in the crypto market while the big investors look out for an accumulation period and long term opportunities. Brian Kelly, CNBC Fast money contributor and founder of BKCM digital asset fund also said that he was surprised that market did not react to major institutions like JP Morgan and New York Stock Exchange entering into the crypto market. More so when the crypto market was at an all time high and could have easily gone beyond the $1 trillion mark! The CEO at Shapeshift (leading instant digital asset exchange), Erik Voorhees said, *“I’m all for financial companies getting involved in crypto. Crypto as a monetary unit is transparent and legitimate because it’s market-based, as opposed to what they do now, which is handling fiat, which is not transparent and not market-based.”* Voorhees believes that cryptoasset will inevitably replace fiat currencies in the near future and further stated that he does not believe that financial companies will try to curb this change as their ultimate business aim is chasing money, according to the report. ![](https://cdn-images-1.medium.com/max/800/0*-AtBjbZ-ljNqHe0z)Source: [https://cdn-images-1.medium.com/max/2000/1\*ZuKimUQJFQdbEgOgxhNuxA.jpeg](https://cdn-images-1.medium.com/max/2000/1*ZuKimUQJFQdbEgOgxhNuxA.jpeg)### The road ahead It’s predicted that price of Bitcoin could further dip in the near future from $8000 mark to $7000 and then subsequently rise back to $10000. Of course, no one can exactly predict what will happen in the future, but at the expert level, big investors believe that cryptoassets are here to stay in some shape or form! ### Also Read: **Categories:** Blog --- ### [Bitcoin Cash Grabs A 32mb Fork](https://blog.unocoin.com/bitcoin-cash-grabs-a-32mb-fork/) **Published:** August 3, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*5ZRWYh39-ZpQ-z_1H0j6UQ.jpeg)Bitcoin Cash Grabs A 32mb ForkThe conception of [Bitcoin Cash](https://www.bitcoincash.org/) in August 2017, was a result of dissatisfaction with the Segregated Witness (SegWit) feature. Since then, Bitcoin Cash and its supporters have been striving to establish their reputation as the **“true bitcoin”**. On May 15, Bitcoin Cash underwent a long anticipated hard-fork successfully wherein its block size was upgraded to 32MB. Since most cryptoassets are built on ledger systems comprising of ‘blocks’, the term block-size simply denotes the amount of data that can be recorded in a block. Higher the block size, more number of transactions can be saved in the block. ### About the base block size increase The Bitcoin Cash Network has tripled its base block size from 8MB to 32MB. The increase in the default data-carrier-size to 220 bytes will help accommodate a higher transaction throughout for every block. People believe it was better that the upgrade occurred at a stage when there is scope for Bitcoin Cash to grow and not later when the growth might have slowed down. The upgraded block size provides Bitcoin Cash an opportunity to scale. Some other blockchains have been trying to do this by adopting methods like Lightning Network and [Proof of Stake](https://hackernoon.com/what-is-proof-of-stake-8e0433018256) (a system that requires the user to show ownership of a certain number of digital coins). However, Bitcoin Cash is unique because it attempts to scale up by solving issues at the consensus protocol layer. The solution mentioned here will maintain the [Proof of Work model](https://cointelegraph.com/explained/proof-of-work-explained). The block size limit increase gives Bitcoin Cash the largest block size limit among all the big coins. The recent hard-fork also saw the revival of a few previously disabled op-codes that permit colored tokens, second-layer automated processes, and smart-contract scripting. Op-codes are basically coded functions or commands that enable the existence and functioning of cryptoassets. ### Drawbacks of the block size increase The upgrade of the base block size might bring along greater vulnerability to spamming attacks. Since the block size was previously restricted to prevent DDoS (Distributed Denial of Service) attacks from clogging the network due to overwhelming traffic, this upgrade might have to be closely monitored for probable cryptoasset attacks and security issues. ### What else comes in the hard fork? A few machine-scripting operation codes, called “Satoshi Op-codes” are being re-established by the Bitcoin Cash developer community. This would not only allow developers to create different types of metadata implementations but also create “colored coins” or representative tokens. These tokens can in turn be tagged in a specific way to correspond to physical and virtual entities like bonds, stocks, precious metals and commodities. Currently the 4th largest token with a market cap of around $23.3 billion, Bitcoin Cash intends to grow its network. It aims to offer faster transaction speeds and lower costs to its users, as well as a smart contract feature. One can only wait to see if this move helps the cryptoasset’s network to earn a high level of usability among developers, miners, and users. ### Also Read: **Categories:** Blog --- ### [Deloitte report finds new ways blockchain tech can impact industry innovations](https://blog.unocoin.com/deloitte-report-finds-new-ways-blockchain-tech-can-impact-industry-innovations/) **Published:** August 6, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*xBEwhTTh_67MOJjZVHy4VA.jpeg)Deloitte report finds new ways blockchain tech can impact industry innovationsBlockchain technology is now being spoken about as a technological breakthrough like Artificial Intelligence, IoT, and VR. It is expected to introduce massive changes in the way industries work, grow, develop and beyond all that, innovate. Blockchain technology, characterized by its decentralized network is a distributed secure network that can facilitate data transmission and storage. Furthermore, it enables the growth of technologies like IoT and Machine Learning. A [Deloitte report](https://www2.deloitte.com/insights/us/en/focus/tech-trends/2018/blockchain-integration-smart-contracts.html#endnote-7) talks about how broader adoption and integration of the blockchain technology can facilitate seamless and faster innovation across industries. ### Leveraging Blockchain in the path to innovation ![](https://cdn-images-1.medium.com/max/800/0*18l8B6Tf-mrVsv9N)[Source: https://www.bitcoinmarketinsider.com/blockchain-innovations-that-will-affect-everyone/](https://www.bitcoinmarketinsider.com/blockchain-innovations-that-will-affect-everyone/)The blockchain ledger system enables easy flow of digital assets in a secure manner thus adding value to various industrial chains and technological applications. The promise of permanent and tamper-proof data records wins the technology some brownie points from industries that are keen on efficient data storage systems. Hence, a sustainable ecosystem for innovative experimentation, research and development have been created due to the introduction of the blockchain technology across industries. While industries have already started implementing blockchain for record-storage and basic transactions, there is a scope of much larger applications of the technology in the real world. The blockchain has started garnering attention for its scope of usage in industries like logistics and transportation. The Rotterdam port in Europe has set up a lab to study how blockchain can be applied to the energy and logistics sector. The team at [Block lab](https://www.porttechnology.org/news/rotterdam_port_celebrates_new_blockchain_lab) has explored the use of the technology in stock financing in the port logistics sector, putting structure to large-scale networks, supply chains and markets among other subjects. Various other sectors like social media and manufacturing are also leveraging learnings from blockchain technology to make rapid advancements. The key to more effective and informed innovation, however, is to standardize technology and integrate multiple blockchains within a value chain. The last few months have hyped blockchain to a level where it may stagnate if not dealt with smartly. Organizations should connect multiple blockchains for a seamless transaction of digital assets and hence faster operations. ### How can blockchain lead to better innovations? ![](https://cdn-images-1.medium.com/max/800/0*xs8DBm5hytaf-PFz)**Design a use case with a clear path to commercialization** As with any other project, PoCs (proof of concepts) that have a clear plan designed for wide-scale application and use, resonate better with the audience and the market. Hence, irrespective of the industry, it is necessary that blockchain is used to create additional revenue or cost savings opportunities for any use case. This would not only convince the market that blockchain is a lucrative option but will also set the stage for better project goals and clear objectives. This will then require clearly defined timelines and a skilled resource-set for the implementation of the project. It is expected that once blockchain is leveraged for mass-adoption applications, these projects and innovations are going to be enterprise-centric. This will thus, pave way for innovation and healthy competition in the industry. That will lead to not only better products and services in the industry but also more licenses, patents, and whitepapers on innovative technologies being promoted within a sector. **Standardize technology, business processes, and talent skillsets** Since the decentralized ledger technology is growing in scope and scale, standardized technologies, platforms, and skillsets become even more necessary by the passing day. If all technological infrastructure and skillsets of people involved are standardized and improved continuously, it will ensure that enterprises can share blockchain solutions seamlessly and can collaborate on the design, development, and deployment of applications. This would also ensure that the personnel in an organization can develop deep knowledge in a few prominent blockchain protocols instead of developing basic know-how in multiple protocols or platforms. This would help enterprises specialize in domains and create competitive solutions in the same. Corporate giants like [JP Morgan](https://www.jpmorgan.com/country/US/EN/Quorum) are already developing and launching ledger systems for their respective industries. This would provide industries with platforms to develop ideas and use the system to create the state of art technological applications for use across enterprises. **Integrate multiple blockchains into one big network** Creating enterprise partnerships across and within blockchain-enabled enterprises promises greater monetary value and boost to the blockchain-based ROI. Furthermore, interoperability within the blockchain ecosystem will ensure we can customize and enhance blockchain solutions faster and more effectively. This will also make organizations agile in terms of technological infrastructure and skill set. Doing so would not only create a competitive environment for innovation, research and development but also define common processes and standards for R&D in the industry. However, it is important to note that merging blockchains has a lot of constraints. It is only possible to do so once all historical data from one blockchain has been transferred onto the other blockchain. Once a network of blockchains is created, the convergence of protocols is set to accelerate. Moreover, with the advent of new protocols that support inter-technology, such ecosystems will be able to store and record data without any glitches, leaving them with more time to focus on industry-specific developments. The blockchain is set to revolutionize the trend of research, development, and innovation across all industries. However, we will have to keep devising new methods to use the technology before it becomes flaccid in the industrial and technological scenario. ### Also Read: **Categories:** Blog --- ### [South Africa Tokenizes Cryptoassets](https://blog.unocoin.com/south-africa-tokenizes-cryptoassets/) **Published:** August 7, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*dT2r5V18Odkm22aajHv8pA.jpeg)South Africa Tokenizes CryptoassetsThe South African Reserve Bank (SARB) recently took a step towards recognition of cryptoassets. ### From cyber “asset” to “cyber-tokens” Francois Groepe, a high-ranked official of the South African Central Bank in Pretoria, recently said that digital assets such as Bitcoin and Ethereum are best referred to as ‘Cyber Tokens.’ Groepe added that cryptoassets so far don’t conform to the two main requirements of being termed as money- a unit of measure and a stable unit of value. Although, this doesn’t mean that cryptoassets are being banned in South Africa, they won’t be officially endorsed as ‘currency’ either. As cryptoasset prices have recorded highs after highs, they have gained a lot of popularity in the last few years. Where on one hand this rapid change has created a rare and elusive investment opportunity in many countries. On the other hand, countries are still struggling to keep up with regulating them. ### A self-regulatory organisation The SARB has established a fintech task team that is designed to review the possibility of crypto-specific policy development and regulations. The team is going to assist the SARB in order to create a clear regulatory framework. This framework would allow cryptoassets and fintech innovation to properly spread. According to the central bank’s banking practice director, Bridget King, the self-regulatory organization (SRO) would be a non-state agency authorized to establish its own rules, directives, and standards. ### Other countries maintaining a tepid stance towards cryptoassets Earlier, central banks around the world have approached cryptoassets with varying degrees of skepticism and disapproval. Earlier this month, the Reserve Bank of Zimbabwe (RBZ) issued a circular ordering all financial institutions to stop servicing cryptoasset exchanges. At the same time, countries like the USA have gone full throttle on cryptoasset adoption and designing regulations around them for the benefit of all users. ### Also Read: **Categories:** Blog --- ### [Unodax Listed TUSD (True USD)](https://blog.unocoin.com/unodax-listed-tusd-true-usd/) **Published:** August 9, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*ziyeRtazYp6Y_DD2aAZtBw.jpeg)Unodax Listed TUSD (True USD)The TUSD coin is listed for trading on trading exchanges globally like Unodax and is paired with a few major cryptoassets like BTC, ETH & INR. TrueUSD is the first asset token by TrustToken. TrueUSD is the first stable coin built on the TrustToken platform The project was founded by the trifecta of Rafael Cosman, Stephen Kade, and Danny An. The project has brought in talent from Stanford University, Berkeley, Google, and Palantir. The team has legal backing from WilmerHale and Arnold & Porter, and there will be monthly reports on liquidity by Cohen & Company. Every TrueUSD is always 100% collateralized by USD, held in professional trust firms’ banks. Transact directly with the trust firm’s bank. The TrueUSD system never touches the funds. The TrustToken Platform bridges real-world assets and blockchains, enabling trustworthy asset tokenization. The new asset is the first asset-backed stable coin by the Trust Token project. The service, True Coin, links bank funds in escrow with the issuance of the token. Beyond serving as a liquidity token on exchanges initially, TUSD may also be used for e-commerce, by being available for international transfers without exchange rate risk. To increase the amount of security, fiduciaries, and banks directly handle all the funds. Escrowed funds do not give access to the TrueUSD system. An individual or an institute is allowed to redeem TUSD for USD after getting a verified account on Unodax that has also passed a standard AML/KYC check. The market cap ranking of the TUSD cryptocurrency is beyond 100 as of June 2018, and it holds a market capitalization of $72.6 million as of the same time. A total number of 72,892,045 TUSD coins are in circulation. The one major things thing that makes TUSD different from few major digital currencies is that it is a stable coin. ### Also Read: **Categories:** Blog --- ### [Spain Tackles Corruption With Blockchain](https://blog.unocoin.com/spain-tackles-corruption-with-blockchain/) **Published:** August 10, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*G53hvi_M4255Tzy-MJw-xg.jpeg)Spain Tackles Corruption With BlockchainNo system is free from corruption. While this is true, the moral conscience in humans has always tried to destroy the dishonest authority and stabilize the system with the help of law, logic and most importantly, science and technology. Look at Spain for example! Transparency International has been assessing Spain for a consistent period of 11 years, from 2001 to 2012. The country was recently pushed down to the 42nd position in the list of least corrupt countries. It received an average rating of 66.7 points. The criminal code is already tightening its rules and thanks to the latest innovation, the country is actively rectifying the social tumult, using blockchain and artificial intelligence (AI) solutions as their new trump card. According to Angel Gurría, the secretary general of the Organization for Economic Co-operation and Development (OECD) *“Integrity, transparency and the fight against corruption have to be part of the culture. They have to be taught as fundamental values.”* Now that the Spanish administration has an approval from the OECD, their work pressure has increased tremendously. The Spanish government now has to clean up those murky case files in a speedy fashion. Between the period of July 2015 and September 2016, 1,378 officials were prosecuted for corruption and an additional 29 were convicted in the Gürtel corruption scandal by Spain’s high court on May 24. — This scandal has turned into the most expensive corruption scandal ever found in the country’s history. Almost half of the businesses believe that Spain’s public procurement sector has hindered their chances of winning a public tender in the past three years. In a 1687-page opinion, the court declared Popular Party (PP) politicians participated in ***“an authentic and efficient system of institutional corruption via mechanisms to manipulate public tenders at the national, regional and local level,”*** while Mariano Rajoy himself held crucial positions in both the government and the party. In short, the convicted were sentenced to a total of 351 years in prison for various charges. Prime Minister Mariano Rajoy of PP stepped down from office and other kingpins of large-scale corruptions were arrested. Most importantly, Mr. Iñaki Urdangarin, the brother-in-law of King Felipe VI of Spain was sentenced to serve five years and 10 months in prison, signaling a revolution against corruption. ### Spain’s Anti-bribery laws in accordance with the OECD standards: This starts from the year 1977 when the first transnational anti-bribery legislation for the criminalization of bribery was passed in the United States with the Foreign Corrupt Practices Act (FCPA). Afterward, the same act was re-established by the International Anti-Bribery and Fair Competition Act of 1998 to maintain congruence with the OECD Convention on Combating Bribery of Foreign Officials in International Business Transactions. Spain, among other countries, joined the worldwide network and took an oath to prevent, detect and investigate foreign bribery, impose civil and criminal penalties on violators and ban tax deductibility of bribes. This, however, has a minute but an impactful exception. **Bribes paid in cryptoassets do not fall under the Spanish Tax law.** They were treated as an electronic payment and lacked existence under the Form 720 ‘Declaration of Foreign Asset’ reporting requirements. In accordance with the same law, taxpayers were exempted from documenting their offline cryptoasset wallet. Recently, the American Institute of Certified Public Accountants (AICPA) has come up with an idea that the Internal Revenue Service (IRS) adopt a reporting requirement for disclosing wallets holding cryptoassets for tax purposes in the U.S. Similarly, Selva Ozelli of Cointelegraph mentioned: **“the non-disclosure of foreign- or wallet-held cryptoassets for Spanish tax purposes could facilitate FCPA tax evasion, as well as money laundering violations, which are major public policy concerns addressed in the EU’s TAX3 Investigation.”** ### Blockchain and AI technologies in combating corruption: In a bid to reduce corruption in the public tender businesses, the European Union has already invested 80 million euros in blockchain and Artificial Intelligence-related projects. The blockchain technology in the future will address problems related to awarding official tenders, quality management of public services and harbor a competitive private sector. Spain’s commitment to **European Blockchain partnership** makes it responsible for accomplishing an EU-wide blockchain and AI application based monitoring system that can successfully fight against the odds and corruption again digital money regulation protocols. These applications offer immense benefits both from a technological and a social perspective. Taking support from the European Regional Development Fund, a Spanish blockchain company is developing an Ethereum-based blockchain system that allows one to legally transfer ownership of cryptoassets to the other party. The primary work of the system includes limiting the chances of manipulation and fraud and strengthening verifiability of digital transactions. It aims to make digital transactions easily auditable as well. These applications would enable transparent tracking of information related to digitized assets without any third party involvement. This system is has a vulnerable to cross-border digitized assets transfer.Researchers from the University of Valladolid have developed an AI-based tool using a neural networks model that estimates the chances of corruption in Spanish provinces along with favoring conditions for the specific corruptions. The detection part is the most important part since prevention is always better than cure. The system learns from various sources including official files of real estate price increases, taxes, economic growth, the growing number of deposit institutions and non-financial firms, and the same political party remaining in power for long periods. This warning measure helps Spanish authority to take control of the country’s corruption. ### Also Read: **Categories:** Blog --- ### [Ethereum takes on 1000+ dApps](https://blog.unocoin.com/ethereum-takes-on-1000-dapps/) **Published:** August 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*UDvs8etU3OxNlJS1WPpSBw.jpeg)Ethereum takes on 1000 dAppsOn the 28th of May 2018, the ConsenSys community day was held at the Tel Aviv Stock Exchange in Israel, with the objective of promoting Ethereum in the country. During the conference, one of the speakers — Christian Crowley, who is a business analyst at Alethio (an Ethereum analytics company) presented a report according to which 1,090 dApps have been launched on the Ethereum (ETH) platform since 2017. For those who are unaware about the two keywords used *Ethereum* and *dApps*, here is a brief explanation : Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. These decentralized applications are called dApps. They are digital programs or applications that exist and run on a blockchain outside the control of a single authority, i.e. any updates are made by a consensus — nobody is in control . It is a leaderless service connecting people who provide and consume content directly. The claims of Crowley’s report also suggested that on any average day, there are 100000 users that enter onto the Ethereum platform. The network transacts to one million user requests daily. While some of the DApps are live, some of the 1090 applications are still in development. According to DappRadar (DappRadar provides information and insights about all the existing dapps), for over 8,000 daily users the highest used app is IDEX. To briefly explain, IDEX is a decentralized exchange where users can trade ERC20 coins without having to forgo control of their funds to exchange wallets. Decentralized exchanges tend to be slow but offer security in terms of user control of funds. ForkDelta is another decentralized exchange that successfully accrues more than 1,000 daily active users. ForkDelta offers an advantage; which is the ability to trade a token without any reviewing or approval process. Anyone can send any Ethereum token on ForkDelta and start trading right away. Additionally, Crowley noted that developers deployed more than 700 tokens on Ethereum last year, highlighting the emergence of initial coin offerings (ICOs)- which is an unregulated means of raising funds for a new cryptocurrency ventures, as a way for startups to raise capital apart from traditional methods. ### Also present at the Conference : Vanessa Grellet, executive director of ConsenSys (New York-based Ethereum software company) ,provided a positive statement on blockchain technology as she spoke at the ‘blockchain for social impact’ section of the event. Her views followed that this technology has the potential to address major problems, such as helping thousands of Holocaust survivors who currently live in poverty. ### What is the future really? Majority of new Blockchain projects do not have a long life-cycle. According to a report from the Chinese Academy of Information and Communications Technology (CAICT), most of the projects don’t even get a chance to see what lies ahead after 18 months’ time period. ### Also Read: **Categories:** Blog --- ### [Cryptoasset Taxation from Around the World](https://blog.unocoin.com/cryptoasset-taxation-from-around-the-world/) **Published:** August 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*0RbFUy8KTus_NBr1J8nqvw.jpeg)Cryptoasset Taxation from Around the WorldAfter a certain limit, tax speculations are inevitable with every penny you earn. No matter whether it is regular cash or cryptoasset, there are always guidelines; except the system varies with the countries. Concrete regulations are not yet established in every country; so there remains a scope of tax evasion, utilizing the confusion one way or another. The issue arises from the fact that there is no universally accepted classification of cryptoasset as capital asset, foreign asset, etcetera. Here we discuss both the clearly-mentioned and open-to-interpretation cases with examples from around the globe. An outline of the rules and their differences are provided below. ### 1. Cryptoasset Taxes: United States of America Crypto is declared as property for U.S. federal tax purposes. The Internal Revenue Service (IRS) treats virtual asset payments as a “sale”. If the gain is capital in nature, it is included in computing gross income. Thus it becomes subject to the Net Investment Income Tax (3.8%) after the certain limit. Individual “mining” is under the self-employment domain. Standard rules apply if cryptoasset is received as remuneration for the employee. However, even for international transactions, cryptoasset does not account for any foreign currency rise or fall. ### 2. Cryptoasset Taxes: Australia The Australian Taxation Office (ATO) prescribes record-keeping for virtual asset transactions. The details of the dealings include date, Australian Dollar equivalent, and the information of involved parties. If the amount is less than $10000, there is no taxation on crypto trades for an individual. For business, the taxation is subject to the capital gains category. For remuneration, it is considered as normal salary unless one has a valid salary sacrifice agreement. With the agreement, the Fringe Benefits Tax Assessment Act will come into play. Mining activity comes under assessable income, while as a business it is taxable as trading stock. ### 3. Cryptoasset Taxes: United Kingdom Her Majesty’s Revenue & Customs (HMRC) excludes crypto mining from the VAT, as obviously, the economic activity is not visible. HMRC states that for every activity involving crypto, the specific cases and circumstances will be considered for taxation under either Corporation Tax (CT), Income Tax (IT) and Capital Gains Tax (CGT), or for exemption if the case is so. ### 4. Cryptoasset Taxes: Japan From 2017, Japan considers Bitcoin as an official method of payment. The National Tax Agency of Japan keeps specific declarations on crypto grounds. The individual investment or sales of cryptoasset are associated with capital gains, while the Business income is classified as miscellaneous. Barter Exchanges rules apply to trades with assets. ### 5. Tax Exemption: Special Cases **Belarus, Denmark, Germany, Singapore, South Korea, Slovenia** are the countries where you can lawfully evade taxes on Bitcoins. The rules have been generous here to leave the extra tax pressure. They do not consider cryptoassets as commodities or assets; although, in some places like **Slovenia**, Crypto-businesses come under taxation. However, the individual investors get away as the liberal laws do not regard crypto-earnings as real capital gains. These countries have a clear legal statement on the crypto-tax rules, but there are some other countries where unofficially Bitcoin is tax-free because of the all-inclusive capital gains tax exemption system. Notable examples include **Hong Kong, Malaysia, Mauritius, Barbados, Switzerland, New Zealand** etc. The rules are undefined for most of the places, and thus; ever evolving. Definitions are changing and so are the policies. Just a few months back **France** classified Cryptoasset as “movable property”.Because of this, the tax rates came down straight to 19% from 45%. **India** is yet to decide whether to apply GST/IGST on crypto or not. Although the Central Board of Indirect Taxes and Custom is currently considering an 18%, which, if passed, shall be proposed before Goods and Service Tax Council. ### Also Read: **Categories:** Blog --- ### [Ethereum might be going the futures route](https://blog.unocoin.com/ethereum-might-be-going-the-futures-route/) **Published:** August 13, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*fiUXndaH9x1HjYDO6QYDmw.jpeg)Ethereum might be going the futures route2018 brought about prices of Ethereum (ETH) to an all-time high. It is now the second largest cryptocurrency in terms of market capitalisation. Such a spike in the prices of ETH created a lot of hype in the markets. The launch of Bitcoin futures on the CBOE (Chicago Board Options Exchange) prompted this spike in Ethereum price as well. It was a signal to other cryptocurrencies that they can also be accepted into the derivatives markets. They could also be treated as assets! ### Ethereum Futures: Now that Bitcoin has entered the derivatives markets, all eyes are on Ethereum to take that step. The most natural next move is for Ethereum to enter the futures contracts market. A hope to raise the cryptoasset’s price is a valid goal. However, Ethereum is also looking for the publicity and demand that might in turn drive up prices. CBOE’s president hopes that more and more cryptocurrencies will join the futures trading market. Coindesk has reported that the CFTC (Commodity Futures Trading Commission) has already allowed the trading of bitcoin futures as offered by CME (Chicago Mercantile Exchange & Trade Group) Group and the Chicago Board Options Exchange (CBOE), and although this is yet at a budding stage, this could lead to an onset of a new futures exchange product for Ethereum. ### What if? One of the main questions that arise when we discuss the possibility of ethereum futures is how will it impact the price. The prices might skyrocket. When Ethereum does become part of the CME and CBOE, there is a high chance to see a price gain of as much 50% from the current levels. For Bitcoin, the [jump was about 57% prior](https://www.xm.com/are-ethereum-futures-on-their-way-64642) to the CBOE announcement. ![](https://cdn-images-1.medium.com/max/800/0*keQwOv2_oMrZ6uD9)There has been a lot of speculation and discussion on how the Ethereum futures might impact the markets. Sunil Hirani, [founder of TrueDigital explains](https://www.coindesk.com/ether-takes-step-toward-institutional-trading-in-us/), *“Institutional investors and commercial partners are ready for a regulated and liquid marketplace to gain exposure to and hedge these increasingly important digital currencies and commodities”* Ethereum is expected to grow and gain a much stronger position in the markets with the futures trading. However it is believed that the possible direction may be directly impacted by the Bitcoin path. Any corrections to the Bitcoin will have an effect on ETH as well. The entire market is however keenly awaiting this move into the futures markets. ### Also Read: **Categories:** Blog --- ### [How does a crypto charity work without a bank account?](https://blog.unocoin.com/how-does-a-crypto-charity-work-without-a-bank-account/) **Published:** August 16, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*g5-bKAsabxtLC7ZqvzKXOg.jpeg)How does a crypto charity work without a bank account?Brian Armstrong, co-founder and CEO of Coinbase has started GiveCrypto, a new global endeavour to help people hit by economic crisis and poverty by giving them Bitcoin and other digital assets. ### How will it work? Donations from people will be given to recipients caught in an economic crisis and bound by chains of poverty. The ones who receive help in the form of digital assets have two choices: either keep the funds in cryptoassets, or to exchange them for traditional i.e. fiat money. ![](https://cdn-images-1.medium.com/max/800/0*W-T-9znEZCI56m2W)### About Give Crypto GiveCrypto.org aims to partner with other non-profit entities to find potential recipients who stand a chance to benefit from this venture. Armstrong started the project with a personal $1 million donation, and is encouraging anyone who’s rolling around in crypto wealth — including Bitcoin, Ethereum, XRP, and ZCash — to pitch in too. This nonprofit organization aims to raise $10 million by the end of 2018 and increase its funding to $1 billion within the next two years. While initial donations to GiveCrypto will be used in part for operational overhead, Armstrong says the organization will be structured in such a way that 100 percent of their donated cryptocoins will go directly into the hands of those who are in dire need. Some people might consider direct cash transactions as a better way to end poverty. Cryptoasset mining consumes a considerable amount of resources and a program like GiveCrypto is bound to be expensive. But Armstrong believes cryptoasset is an ideal vehicle for transfer of charity money. That’s because a cryptoasset solution costs almost nothing to move money and gives people who lack access to the traditional banking system a way to control wealth with just their phone. *“Distribution will be the hardest part,”* Armstrong acknowledged, adding that his years of running Coinbase means he’s well familiar with fraud and people gaming the system. GiveCrypto’s approach to preventing mismanagement involves including feasibility studies to figure out what works. Armstrong says there will be “lots of learning and testing” over several years. ### How are recipients chosen? From a sea of people who need financial help, how is it possible to make decisions when it comes to donations and funding? Initially, the team travelled to regions themselves to distribute funds in person. The project will eventually rely on “crypto ambassadors” who will assist in identifying people in need, and also demonstrate how to use the digital wallets that store cryptoasset. GiveCrypto already has an initial leader in the person of Rose Bloom, an anti-poverty advocate who co-founded HandUp.org, a platform for donating to poor people in the U.S. ### Other kind hearts This past February, UNICEF launched a site called Chaingers.io asking visitors to mine Ethereum that would then be turned into funds for Syrian children. Now they are using cryptoasset to help children with supplies like food and water. Ripple is a real-time gross settlement system, asset exchange and remittance network created by the Ripple company. The company donated $29 million gift to fund thousands of classroom projects across USA, and a project known as the Pineapple Fund which involves an anonymous Bitcoin billionaire giving away tens of millions to charitable causes. The best thing about this organization is that it gives people control over their money, where they don’t have to rely on a bank or the government to offer a helping hand. This is how a charity backed by cryptoasset works in the absence of a bank. In a nutshell: donors give cryptoasset, which is distributed by the organization to those in need. After learning how to operate wallets and store cryptoasset, the recipients can easily convert crypto to cash or keep their money in crypto. ### Also Read: **Categories:** Blog --- ### [Impact of crypto mining on energy consumption](https://blog.unocoin.com/impact-of-crypto-mining-on-energy-consumption/) **Published:** August 17, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*BFSAmWs_dKw39vJqRMZO3g.jpeg)Impact of crypto mining on energy consumptionA rise in the number of cryptoasset users, traders and investors translate into an increasing demand for crypto mining. This is an energy-intensive procedure that consumes a significant amount of electricity. Currently, most of the available electricity is produced from fossil fuels due to which crypto mining is also contributing to global climate change. The unsustainable nature of energy consumption in the cryptoasset world is alarming. Large mining rigs are set up in countries with a cheap and reliable source of electricity. Colder climates attract more mining rigs because low temperatures reduce the need for extra power required to cool the hardware. These mining rigs utilize large portions of the available electricity of an area, leading to price hikes which ultimately creates a problem for the localities. Most cryptoassets in the world use Proof-of-Work based consensus protocol. In a PoW based system, each new block on the blockchain is validated by solving a mathematical puzzle. The miner who solves the puzzle first is rewarded with units of that particular cryptoasset. For each block, multiple miners compete to validate it first. This means that a lot of computational power is used for validating each block. As the value of the asset rises, miners are incentivised to use more electricity and hardware to earn the most rewards. With each new block, the mathematical puzzle continues to get more complex. The result is: an enormous amount of electricity is wasted! Although the PoW protocol makes the blockchain secure from hackers, its energy consumption levels make it an unsustainable business model. Also Read: [*7 Fields Where Blockchain has Changed The Day to Day*](https://blog.unocoin.com/7-fields-where-blockchain-has-changed-the-day-to-day-8a460bf1ec32) Bitcoin is the biggest name among all cryptoassets that use the PoW protocol. According to [Digiconomist’s](https://digiconomist.net/) estimate, its power consumption is growing every day. As of July 7, 2018, Bitcoin uses 71.12 TWh per year. ![](https://cdn-images-1.medium.com/max/800/0*bYxvihxan2iWx2wJ)The annual carbon footprint of Bitcoin is 34,851 K. The energy used in Bitcoin mining is close to Chile’s energy consumption and is higher than most African nations. Ethereum, the second largest cryptoasset, is considering a switch to a PoS model. In the PoS system, a block is validated by the forger who has the highest number of stacked coins. This allows for a faster and much more energy efficient system. The PoS algorithm is a greener way to maintain a blockchain. Still, Ethereum’s energy consumption index is 20.98 TWh per year. ![](https://cdn-images-1.medium.com/max/800/0*6VEZEW58nZqJ9GUI)[It is estimated](https://ethereumworldnews.com/0-5-of-worlds-electricity-by-years-end-bitcoin-mining-power-consumption-is-insane/) that soon Bitcoin will consume about 0.5% of the world’s total electricity. If the energy consumption by other cryptoassets is also added the figures will rise much higher. It is essential that cryptoassets use cleaner forms of energy like hydropower, solar power etc. [HydroMiner](https://www.hydrominer.org/) is one such crypto mining company which uses hydroelectricity for its mining operations. A cryptoasset named SolarCoin was launched in 2014 which incentivises people to produce solar electricity by rewarding one coin for every 1-megawatt hour of electricity. Other alternatives include transitioning to a Proof-of-Stake or Proof-of-Space protocol like DASH and [Chia Network](https://chia.net/) respectively. ### Also Read: **Categories:** Blog --- ### [MakerDAO: The Governance Crypto Coin](https://blog.unocoin.com/makerdao-the-governance-crypto-coin/) **Published:** August 17, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*bjjMh-eJYNeDsf2VuS4MjQ.jpeg)All of us are aware about the fluctuating market of cryptoassets. Due to this uncertainty, the concept of stable coins has gained prominence. Stable coins are essentially crypto coins with lower volatility and are stable in comparison to other crypto coins. MakerDAO is one such platform which consists of a stable coin. The stable coin of this platform is called ‘Dai’, with the value of its one unit being one dollar. Dai Stable coin system has created Dai using the Ethereum Blockchain and its value is backed by either tokens or assets. Dai is the first product of the company Maker which has been into operation for the past three years. MakerDAO is a decentralized platform working on the dynamic system of collateralized debt positions (CDP) and the token, Dai is made available to users with the help of smart contracts. The CDP software runs on the blockchain network, here the Ethereum Blockchain network. The stable coin ‘Dai’. ![](https://cdn-images-1.medium.com/max/800/0*FK53riOs6eVKSI17)Source: [concourseq.io](https://concourseq.io/catalog/7851)Now, how do you get Dais? You enter the Maker platform and leverage your Ethereum assets for generating Dais according to your asset’s value. After this, they can be used just like any other cryptoasset with the best part being that a Dai will not change its value by a large margin unexpectedly. The company has released another token called MKR which is yet another volatile token. According to the creators, MKR serves three purposes; it is a ‘utility, recapitalization and governance token’ of Maker. Being a utility token helps Maker to recapitalise the CDP system. It is a governance token because it can be used by the MKR holders through voting for risk management. The power of recapitalization is utilised at times of unexpected situations when automatic recapitalisation occurs by creating and selling MKR coins in market. The company has become the first one to launch working stable coins and though the project it still at its nascent stage, it does hold a bright future. ### Also Read: **Categories:** Blog --- ### [A world where cryptoassets are securities](https://blog.unocoin.com/a-world-where-cryptoassets-are-securities/) **Published:** August 20, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*yAOfGyYIzLvJvDMJoTyK_Q.jpeg)A world where cryptoassets are securitiesJune 14, 2018, was the day when the director of corporate finance at Securities and Exchange Commission (SEC) caused a ripple in stable cryptoasset waters. At Yahoo Finance’s All Market Summit, the made a comment stating that Ether is not a security. Following the statement, Venture Capital Working Group, an association of lawyers, traders and crypto enthusiasts, gathered to meet with the SEC to view virtual assets as “utility tokens” rather than securities. ### Why ‘utility’ tokens? Utility tokens offer more practical uses than securities. Through utility token, customers can gain direct access to a company’s products or services and they are generally exempted from SEC rules. Securities, however, t often represent stakes in a company’s offerings. Customers can garner capital or profit by investing in securities, but this subjects them to regulatory scrutiny. ### Why do Securities exist? Securities regulations primarily exist in order to ensure that the third party is informed to an extent, where they can judge whether there is safe investment guarantee or not, without compromising trade secrets that the promoter firms often want to avoid making public. It doesn’t seem like the SEC are willingly going to bend any rules in order to approve cryptoassets as securities. *“We are not going to do any violence to the traditional definition of a security that has worked for a long time,”* Jay Clayton explained to CNBC*. “There’s no need to change the definition. A token, a digital asset, where I give you my money and you go off and make a venture, and in return for giving you my money I say ‘you can get a return’\[;\] that is a security and we can regulate that. We regulate the offering of that security and regulate the trading of that security.”* Following the statements made publicly, crypto investors started questioning if the world’s second largest cryptoasset, Ether, would be gravely affected? Nigel Greene, CEO and founder of the investment firm deVere Group says, “ *Clayton’s stance on ICOs and cryptocurrencies is a positive sign that digital assets are becoming more mainstream”.* Analysts generally said that the SEC’s focus is more on digital coins and less on Bitcoin, as the former is being released through fundraisers known as token sales or initial coin offerings. They have increased efforts to unveil fraudulent initial coin offerings, which tend to promote returns to investors and have collected billions of dollars on a global scale. Cryptoasset might have the potential to substitute dollar, sterling, yen, and euro. The SEC believes tokens that act as digital assets are securities. This clears a small percent of uncertainty any crypto enthusiasts and investors might have or had. It is possible that the SEC, government, central banks are now recognizing the scale and potential of Bitcoin along with other cryptoassets. Back in February, Jay Clayton said in a Senate Banking Committee hearing that he is open to exploring with Congress whether increased regulation of cryptoasset trading platforms is necessary or appropriate. Debates are in motion and speculations are in full swing. Are cryptoassets securities or not? While people voice opinions and theories, CEO of Bank of America, Brian Moynihan and,[ Nasdaq Inc.](https://www.bloomberg.com/quote/NDAQ:US) CEO, Adena Friedman recently addressed the issue at the MIT conference in New York City. Adena Friedman said that initial coin offerings should be governed by securities laws. She also said that retail buyers deserve protection if they are going to invest in products. Moynihan warned that digital assets could be used dangerously and unlawfully. Of course, if managed right, blockchain technology could be a blessing for financial innovation. It possesses the potential to lower costs, economic rents. However, there are security concerns and maybe some laws are necessary to ensure customer security. ### Also Read: **Categories:** Blog --- ### [Is blockchain same as a database?](https://blog.unocoin.com/is-blockchain-same-as-a-database/) **Published:** August 21, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Yvn7jK0sw633IftdajpRIw.jpeg)Is blockchain same as a database?As more and more firms incorporate the blockchain technology into their corporations, are traditional databases losing their significance? To apprehend how blockchain technology and databases work, it is important to consider their differences by understanding their design and functions. ### Structural difference A database basically uses a client-server network structurally. A database administrator is the one that can make changes to any part of the data or its structure at any given point in time. These database administrators are the central authorities who are responsible for maintaining the control of the database. They are also in charge of deciding who can get the permission to access its information. On the other hand, a blockchain in itself is a database — but in the form of a digital ledger. It puts together internet along with cryptography and eradicates the need for a trusted middleman (e.g.: a bank — in case of monetary transactions). In a blockchain, information is put together in an array of ‘blocks’ of data. Each of these blocks is connected to its preceding one through a hashing function. This, in turn, forms a chain of blocks that cannot be changed, hence making the data immutable and secure. In a database, stored data can be modified, changed or even deleted without any trouble. However, in the case of the blockchain, it is close to impossible to modify, change or delete data. In fact, unalterable data is a key feature of the blockchain technology. ### Decentralization aspects A distributed database is appropriate for organizations and companies wherein every user trusts the other user and does not intend to keep any duplicate record of the same data. However, when it comes to the blockchain technology, transactions that take place are verified by consensus from other nodes that are present on the same blockchain. This tends to make the process more reliable and protected. It is trust-less, as in, it doesn’t require trust in the first place. ### Functional aspects By the means of a traditional database, a client is able to perform four different functions on data, that is — Create, Read, Update, and Delete (these are collectively called as the CRUD commands). ![](https://cdn-images-1.medium.com/max/800/0*X3GajyIUTAxD6HDr)The blockchain, on the other hand, is designed differently when it comes to functioning amidst data. A user can only add more data to the already existing one in the form of additional blocks. All of its previous data is permanently stored and hence is impossible to alter with. Therefore, the only associated operations include: **Read Operations:** Retrieving existing data from the blockchain. **Write Operations:** Addition of more data onto the blockchain. An intermediary tends to maintain the privacy of records in a database. However, the blockchain technology makes all records of sorts completely public. This kills the need for a middleman, especially since the information is accessible to all. Moreover, anyone attempting to cheat this system can easily be identified. In competitive markets, many businesses tend to incline towards the privacy of a centralized database, rather than publicly display their activities. ### Cost and expenditure Blockchain technology has helped in removing much complexity of setting up a self-distributed database. This, in-turn, cuts down costs significantly, considering the reductions in prices due to collective payments. ### Blockchain vs Databases While both have advantages and disadvantages of their own, the right choice out of the two would completely depend on the business’s or the company’s preferences. That is, whether they’re looking for transparency and reliability or privacy and control — it is entirely dependent on their proclivities and priorities. ### Also Read: **Categories:** Blog --- ### [How can blockchain overcome its limitations?](https://blog.unocoin.com/how-can-blockchain-overcome-its-limitations/) **Published:** August 22, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*K7fFMA6g5qxq-AMvNoWeMA.jpeg)How can blockchain overcome its limitations?The famous blockchain concept that forms the fundamentals of Bitcoin, Ethereum and other popular cryptoassets has turned out to show great potential. However, the same potential has its limitations. While the technology can alter the methods of payment of goods and services and allow secure elections, it is also important to recognize its limitations as well. Let us look at its limitations, how it possibly impacts the cryptoasset markets and the global financial world, and what could perhaps be done in order to overcome them. ### Complex nature One considerable problem of the blockchain concept is its intrinsic complexity. Its ideas and theories themselves are a difficulty to many, and along with that, its use of arcane jargon as well as industry-specific acronyms adds on more to its impenetrability. Furthermore, its size and its distributed nature also plays a role in being disadvantageous. Due to its dispersed system, the blockchain technology tends to be vulnerable to hackers and other such disreputable actors. While a distributed system makes the blockchain more resilient, it does not prevent online attacks to it. ### Slow speed A significant limitation of the blockchain technology is the speed of its network. Since 2016, the Bitcoin network has processed only about seven transactions per second, which is an extremely slow rate according to today’s standards. While there are improvements that are yet to be created, for now, these limitations remain to be an obstacle of growth for a widespread adoption. ### Transaction costs Due to the blockchain’s slow speed, its network is incapable of keeping up with high demand levels. And hence, in order to reduce demands, transaction costs tend to increase. ### Political implications There are some serious political repercussions against the use of the blockchain technology, especially when it comes to non-monetary transactions. While certain governments express interests in the technology, many others feel it brings in only bad actors. ### What are the solutions to these limitations? While the blockchain technology is definitely becoming easier to influence and understand today, it still is a topic that’s difficult to wrap around your head. However, in order for the technology to be adopted by the masses, it is important to create user-friendly interfaces, services and tools that demand less technical expertise. This is because providing too many contemporary-digital platforms can prove to be problematic. “Blockchain and Bitcoin are really hard for those who are not related to technology or software developers to use,” says Evgeny Ponomarev, CEO of Fluence. “Just sending a transaction is pretty hard. We all, as communities need to build tools to make it easier, because it’s the only way to better adoption”, he emphasizes. ![](https://cdn-images-1.medium.com/max/800/0*LQ98D8OP9bFdO1K3)When it comes to blockchain scalability, other cryptoassets (except Bitcoin) and their blockchain systems do not suffer much from this issue. While there are various technologies that are being implemented as a solution to this, many complain about it not being an easy fix. “When you store the data on the blockchain, it’s quite expensive,” explains Alexander Demidko, CRO of blockchain database, [Fluence](https://fluence.ai/). “That’s why all of those solutions are trying to store the data off chain and send it periodically to the blockchain. But it’s still hard to search through the data stored there. That’s why we think ideally there should be a way to upload the data to the decentralized environment, and then search the data I need there. That’s what we’re trying to solve with a decentralized database, as it’s not currently supported by the blockchain”, he says. When limitations of complexity and speed are mitigated, adoption of blockchain technology amongst the masses will tend to reduce political implications too. Moreover, if its technology was to be used to track medical records, for instance, it could instantly become bound to the already existing laws around the globe. ### Also Read: **Categories:** Blog --- ### [New Banks in Bermuda Help Blockchains and Startups](https://blog.unocoin.com/new-banks-in-bermuda-help-blockchains-and-startups/) **Published:** August 24, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*UPc3usM3QVKzdkt2qrQfhw.jpeg)New Banks in Bermuda Help Blockchains and StartupsCryptoassets and the blockchain continue to take the world by storm. The Government of Bermuda will soon be amending their Banking act, with the special aim of stretching a helping hand towards local blockchains and startups. The fresh resolution proposes to give rise to a new class of banks that will cater to the needs of local Fintech and Blockchain companies, say[ Finextra](https://www.finextra.com/newsarticle/32339/bermuda-to-create-new-class-of-banks-to-encourage-fintech/vcurrency) sources. Recently, a Digital Asset Business Act and an Initial Coin Offering bill have also been passed in Bermuda to make the country economy more friendly to virtual currencies. ### The Reasons Earlier, the Local Banks of Bermuda did not have a very co-operative attitude towards the aforementioned companies. Possible reasons for the refusal of banking services include risk-averseness and regulations of obstructive nature. Their reluctance was seen as a threat to the economic growth, and hence Bermuda premier and Minister of Finance David Burt introduced the bill to the Parliament. He mentioned that “In other jurisdictions, banking has been the greatest challenge and for us in Bermuda, it is equally so and therefore it must be resolved.” ### What’s Done Yet Two previous legislation has been a positive development. The Initial Coin Offering bill which requires the ICOs to be approved by the finance minister has been tabled as of now. But the Virtual Currency Business Act puts a strong word on behalf of the smooth regulation and progress of virtual currency in the country. It addresses exchanges, wallets, services, as well as market manipulation and security issues. ### Coming Up Bermuda plans to emerge as a global hub of virtual currency and exchanges. There already exists a Blockchain Taskforce, which ensures legal and technical support to the Blockchain ecosystem. They are also about to introduce a digital ID scheme, which will allow the virtual assortment of data and its control to residents and businesses alike. This, in return, will help the financial services move more efficiently and effectively. ### Also Read: **Categories:** Blog --- ### [GE to verify 3D parts using blockchain tech](https://blog.unocoin.com/ge-to-verify-3d-parts-using-blockchain-tech/) **Published:** August 27, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*l90u3-mPdghjoqha3oQ2Ng.jpeg)GE to verify 3D parts using blockchain techThe blockchain continues to gain in relevance with each passing day! With both 3D printing and blockchain being cutting-edge technologies affecting almost all industrial verticals, conglomerates and technological enterprises around the world are investing in research, development and adoption of these technologies. The industrial giant, General Electric (GE) had recently filed a[ patent application](http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=1&p=1&f=G&l=50&d=PG01&S1=20180173203.PGNR.&OS=dn/20180173203&RS=DN/20180173203) to optimize the quality of 3D printed objects in its supply chain. The idea employs blockchain technology to create a database that would record, analyze, validate and hence, verify 3D products and the 3D printing process in the supply chain. ![](https://cdn-images-1.medium.com/max/800/0*XENoIbH8KSPgd2AZ)### What does the patent application include? The patent filing states that GE shall create a blockchain-based manufacturing framework that would include systems and methods for implementing a historical data record of the additive production process with in-built validation capabilities that shall be incorporated into the additive manufacturing hardware. This will help them to track and authenticate 3D printed objects. Additionally, it will successfully address one of the most glaring issues found with industrial additive manufacturing: the absence of a framework to ensure the certification of 3D printed parts. GE is one of the biggest manufacturing leaders to have integrated blockchain technology in its primary additive manufacturing processes. With the increased adoption of additive manufacturing process, industrialists have voices serious concerns over 3D printed models being compromised or altered. Such issues can be addressed by creating a decentralized blockchain network that can be accessed by the authorities concerned and can be corrected before extensive loss is caused. The patent filed by GE in December 2017, explains that the users on the receiving end of the model are unable to verify whether a 3D printable part was assembled using the accurate build file and manufacturing process, even if the printable replacement part was shared with them. The integration of a blockchain creates an efficient and seamless framework to verify and authenticate data and to prevent a 3D file or printing process from being modified without authorization. As per the patent file, General Electric is planning to use the advanced technology to validate their parts in the supply chain, track them and certify every part that goes into the final lap of mass-production. This recently-published patent filing was released by the U.S. Patent and Trademark Office (USPTO) on 21st June, 2018. It is expected to set an example for various other companies and industries to adopt the technology to improve the efficiency and fix existing issues in the current processes. Besides the patent GE has also joined the [Blockchain in Transport Alliance (BiTA)](https://bita.studio/), a blockchain consortium that aims reform the cargo transport aspects using blockchain and its elements. Thus, the manufacturing giant is adopting the technology to reform and revolutionize various aspects of the manufacturing process, ranging from production to logistics. ### Also Read: **Categories:** Blog --- ### [Merits of US justice’s investigation into cryptoassets](https://blog.unocoin.com/merits-of-us-justices-investigation-into-cryptoassets/) **Published:** September 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*zShsu8m6fZO9p2E_CNkDIA.jpeg)Merits of US justice’s investigation into cryptoassetsThe cryptoasset market is engulfed by spoofing and flooding practices, fake orders, speculative trading, illegal activities, and traders causing prices to rise and fall according to their will. To look into these and other manipulative activities involving cryptoassets, the U.S. Department of Justice has opened an investigation. It’s going to do a lot more good than you think. Here’s why: #### \#1 Reduction in illegal practices Illegal practices such as spoofing or flooding the market with fake orders to reel in traders into buying and selling. Spoofing is an illegal practice to affect prices. A financial regulator called the Commodity Futures Trading Commission oversees derivatives in relation to Bitcoin. #### \#2 Trading platforms take strict security measures In June, the Winklevoss twins hired Nasdaq Inc to conduct surveillance of the trading of digital coins on their exchange. Nasdaq Inc. is an American stock exchange. #### \#3 The absence of serious regulations will be fixed The U.S. Securities and Exchange Commission (SEC) has been struggling for several months to regulate unreliable ICOs (initial coin offerings). The SEC created a fake ICO of its own to warn people against the problem. Celebrities are warned by the SEC against endorsing ICOs without proper disclosure. Floyd Mayweather and DJ Khaled were charged for endorsing a fraudulent ICO. #### \#4 Pump and dump schemes may come to an end In 2017, a Business Insider investigation found so-called “pump and dump” schemes are widespread in cryptoasset markets. Pump and dump schemes involve people “pumping” the price of a particular crypto by bidding the price before “dumping” it on traders who do not suspect a thing. These traders are lured into the market by pumpers who claim that price is only going to increase. #### \#5 Addressing crypto risks Risks such as volatility of cryptoasset reduce investment gains. There is a possibility of losing all your money. When hype around coins and tokens increases, you can earn money by buying them but there is a chance that this might turn out to bite you in the back. This is one of the schemes the U.S. Department of Justice is considering addressing. #### \#6 No more unregulated cryptoasset markets Many cryptoasset exchanges are unregulated markets which have the power to do whatever they wish to with people’s money. The U.S. Securities and Exchange Commission has issued a warning that such exchanges should be registered as a national securities exchange. #### \#7 Speculative financial risk may be reduced Factors like the introduction of more regulation or another hack of a major cryptoasset exchange, while it could dampen prices in the short term, may provide protection against speculative risks that Bitcoin and other cryptoassets continue to face. #### \#8 — Identifying tax evaders Scams and techniques that have existed in the traditional market are making its way to crypto markets due to the poor regulations. This investigation might have the potential to unveil illegal practices carried on by traders, and could give some much needed formal recognition to the industry. It seems like cryptoasset is slowly being adopted by countries for real. ### Also Read: **Categories:** Blog --- ### [Floating cities solve disputes via blockchain](https://blog.unocoin.com/floating-cities-solve-disputes-via-blockchain/) **Published:** September 7, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*0vKj9gwzcIlt7A_erNgceQ.jpeg)Floating cities solve disputes via blockchainThere have been conversations about building communities where individuals with similar interests and motives would live together beyond the boundaries of modern nation states and work towards a common outcome. [Blue Frontiers](https://www.blue-frontiers.com/en/) is a blockchain-based technology leader that creates governance frameworks and sustainable ecosystems. Seasteads are floating communities that monitor and combat sea level rise. This could be used by coastal inhabitants and island countries to create additional habitable land on the oceans and seas for their residents. While that in itself in amusing and impressive, Blue Frontiers also announced the use of blockchain technology to power a seasteads’ economy with a new cryptocurrency called [Varyon](https://www.blue-frontiers.com/en/varyon). ![](https://cdn-images-1.medium.com/max/800/0*HVEC3O-4lLEjKK4W)### Partnership with Kleros to Provide Blockchain-based Justice In June this year, Blue Frontiers partnered with [Kleros](https://kleros.io/), another blockchain-based decision-making platform that employs crowdsourcing for adjudicating claims, resolving the dispute and ensuring judicial concord among residents. It uses concepts from the fundamentals of game theory to design a set of rules that will reward the jurors who act honestly and penalize the ones’ who do not. In theory, it looks like a cost-effective, fast and efficient way to resolve disputes and enforce a fair judicial system. The notion of a system that enables decentralized justice for transactions in Seastead communities is inspired by the game theoretical concept of Schelling point. Kleros, meaning “chance” in Greek is only apt for a system designed so, once you know what the underlying concept is. The justice system by Kleros is based on some fundamentals for random jury selection which were devised and used by the Athenians twenty five centuries ago. It is thus, a peer-to-peer justice system that can solve the issues of the modern age in a transparent way. To solve the disputes, the arbitration process to be used by Blue Frontiers can be laid out in four steps: 1\. The users transacting within the Seastead ecosystem will have to create a smart contract and select Kleros as the adjudication protocol. 2\. The necessary information will then be safely transmitted to the Kleros platform. 3\. A jury or tribunal selected from the juror network will then assess the evidence of the individual case and finally, cast their votes. 4\. This decision will be enforced by the previously written smart contracts, thus, ensuring a fair and transparent outcome. While it is inevitable that the residents of Seasteads will have disputes and will need to have them solved, it is also important to note that with the advancement of technology, blockchain’s intervention in the judicial system will ensure that a just system is put in place for these residents. This will help the residents serve their purpose, i.e. facilitate innovation in how humans choose to model habitation, form decentralized communities and also govern their affairs in a more efficient and a cheaper way. The Kleros protocol used in the judicial system can be employed across disputes that need technical expertise like, allocation of resources among parties viz. insurance, e-commerce, freelancing, crowdfunding, gaming, and others. ### Also Read: **Categories:** Blog --- ### [Bitcoin Price Trends; Potential To Replace Fiat Currencies](https://blog.unocoin.com/bitcoin-price-trends-potential-to-replace-fiat-currencies/) **Published:** September 28, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*UZE9PAqpOMMNriFQ6I6-WA.jpeg)Bitcoin Price Trends; Potential To Replace Fiat CurrenciesBitcoin is the world’s most popular digital assets, that it is exclusively created and held electronically. But, do we actually know about digital assets and the potential of these assets to replace conventional money? The major function of a digital asset is to serve as a means of payment, in exchange for goods or real asset, such as dollars, euros, INR etc. In addition, similar to how a normal asset’s exchange rate is set, the price for Bitcoins — per the CoinDesk Bitcoin Price Index (XBP) — is based on market dynamics and expressed as the midpoint of the bid/ask spread. Bitcoin’s current value against the US dollar is of $6,550. The highest price for bitcoin since it was launched in 2009 was $19,497 in December 2017. After that spike, the price trended down to $6,150 in August 2018. Bitcoin’s price is gradually rebounding, buoyed by increased demand for the digital asset in China caused by the weakening yuan: digital asset, like gold, is a refuge for investors in the periods of uncertainty. While the flow of a traditional asset is tracked by banks and controlled by governments, the circulation of digital assets is decentralized, a key factor that drives expectations for the spread of bitcoin to new markets and transaction types. Even though traditional assets now exist primarily on digital ledgers of banks like Bitcoins, the ledger for Bitcoins has no separate owner or regulator. Instead, Bitcoin is maintained and updated by bitcoin users on the basis of the bitcoin protocol. Since the Bitcoin network is not controlled by a single institution, it has several advantages over government-controlled assets. These advantages include: #### Limited circulation The amount of bitcoins in circulation is limited by the Bitcoin protocol to 21 million bitcoins. In contrast, central banks have the authority to issue additional asset, which, if not accompanied by GDP growth, may lead to a surge in inflation and related economic problems. As of May 27, 2016, there are 15.6 million Bitcoins in circulation with a total value of $7.4 billion. #### Low-cost, open access Due to the absence of traditional asset regulations, a Bitcoin address — analogous to a traditional private bank account — can be set up in seconds, is free of charge, and cannot be disabled by a third party. #### Quick, simple account management Many banks and financial companies have announced new investments in virtual asset technology based on expectations that Bitcoin transaction management and digital records will reduce administrative burdens and allow for more rapid transaction processing than existing systems. The simplicity of Bitcoin has also proven attractive to the Swiss city of Zag, which plans to initiate a 6-month pilot program in July under which local citizens may pay for public services in bitcoin. The anonymous nature of bitcoin, a byproduct of its decentralization, makes it a perfect tool for illegal activity. Examples include: #### Illegal drug trade One of the most well-known examples of the use of Bitcoins in the illegal drug trade stems from bitcoin-based transactions on the online drug bazaar Silk Road, which was launched in February 2011 and shut down by the US Federal Government in October 2013. #### Terrorism Cyber terrorists may similarly use bitcoins as the asset of choice to receive ransom payments. According to a Cyber Threat Alliance report, ransom payments made via the bitcoin network to hackers through the CryptoWall virus are estimated at $325 million total. The taint of Bitcoin and other virtual assets by criminals’ use of the assets in illicit transactions coupled with the anonymity inherent to virtual asset fuels skepticism that virtual asset will achieve the level of acceptance of traditional asset much less replace it. Without meeting the essential prerequisite of trust in a asset, the widespread expansion remains doubtful. ### Also Read: **Categories:** Blog --- ### [An Acknowledgement](https://blog.unocoin.com/an-acknowledgement/) **Published:** November 21, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*FNz52VBNJm1oLdCj3RGb1Q.jpeg)Mid October, a picture of the Unocoin’s kiosk was being shared rampantly on social media circles and also stories were run by the mainstream media houses and articles were being published by noted and respected web publishers. By the last week of October 2018, Unocoin and its kiosk was all over in the news and had created a lot of buzz both in Crypto communities and amongst the general public. On 23rd October we faced a series of unfortunate events which started with the unexpected detaining of Harish BV, CFO, and co-founder of Unocoin. Harish was taken for an inquiry and a subsequential arrest (by the Cyber Crime department, Bangalore) from Kemp Fort Mall in Bengaluru where he along with the team was doing the checks of kiosk before it was made to be accessible for the customers to use. The detaining was on the accusation that, we as a company were not having necessary approvals to set up an ATM. The kiosk was much publicized since its first appearance in social media with varied observations, understanding, and interpretations. **Kiosk’s primary motive was to only allow our customers to withdraw or deposit money (INR) to their Unocoin account subject to all rules governing cash transactions, which could then be used to sell or buy cryptocurrencies from our websites or mobile apps.** Our kiosk is designed to only accept cash or give cash of certain denominations to its users just like any other kiosk (Ex: Airtel or Vodafone kiosks where one can pay bills using cash). This kiosk, understandably, wasn’t connected to any Banking network and hence thereby was NOT like any other Banks’ ATMs or other WhiteLabel ATMs. Since this is a private kiosk, there isn’t any need for procuring any license or an approval of any sort from authorities. Kiosk machines of Unocoin do not fit RBI’s definition of ATM which connects to the banking network. This idea was conceived and the first kiosk was installed for the sole intention of keeping our business running since our Banking channels had been cut down because of the recent RBI circular. However, truth be told, the kiosk was initially branded as an “ATM” — which was our unintended, genuine and a rather grave mistake as this led to confusion amongst general public including media. Though we rebranded it immediately as Kiosk, it was little too late. Added to that, the false reporting by several media houses on the legality of the cryptocurrencies in India led to a series of unfortunate events that followed later. The news of detaining Harish spread like a wildfire, not only nationally but also internationally. Several websites and media houses speculated, interpreted the sequence of events in various ways. We, as a team was not in a position to publish a clarification as the entire matter was already sub-judice by then. While the initial situation was in the process to be controlled, Sathvik Vishwanath — our CEO & Co-founder was also taken into custody on the same accusation making the situation much worse than it already was. Further, the Cyber Crime Police department stuck to their original accusation — “The ATM kiosk installed by Unocoin at Kemp Fort Mall has not taken any permission from the state government and is dealing in cryptocurrency outside the remit of the law.” until our lawyers intervened with formal explanations. Unocoin and its lawyers asserted that no assent is necessary to run a kiosk. “It is a kiosk that is being set inside the mall and the mall would have had already taken trade permissions,” said Swaroop Anand, the lawyer representing the Unocoin directors. “Therefore, there was no need for Unocoin to take any other permission and there had not been any violation of license requirements.” From 23rd October to 31st October 2018, several steps and legal exercises were taken to prove Unocoin as not guilty since the troop of police had detained the co-founders. The situation finally came under control once the police authorities understood our initiative in its original intent. They also were made aware that we haven’t violated any law in setting up the kiosk and thereby the whole fiasco came to a speedy conclusion albeit some formal legal proceedings. We continue to strive to best serve our customers and keep the crypto community alive with best intentions without violating any rule of the law. We wholeheartedly reciprocate the support, solidarity, and concern that you showed on us during these tough times and we are grateful for that. Thank you so much from all of us at Unocoin and we hope the same support continues in the coming days. -Team Unocoin **Categories:** Blog --- ### [Winklevoss Twins have won another patent.](https://blog.unocoin.com/winklevoss-twins-have-won-another-patent/) **Published:** November 28, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*vQ7jZ58sPQ7alkCVNkTLXA.jpeg)Winklevoss Twins have won another patent.Winklevoss Twins have won another patent on secure authentication method. The patent proposes **Passwordless Authentication Technique operating in a decentralized manner**. Many enterprises and service providers strive to improve security and usability of services they provide over their networks. Access control techniques such as single sign-on and the like are popular because they may satisfy both security and usability requirements established by enterprises and service providers. For example, access control techniques such as single sign-on and the like may permit a user to use one set of login credentials (e.g., name and password) to access multiple related yet independent systems. Further, many enterprises and service providers store user names and passwords in a single repository, which is vulnerable to credential harvesting attacks. However, individual systems often have different credential requirements and require users to update their passwords at different intervals, resulting in users having to keep track of a large number of different logon credentials for different systems. There is thus a need for technological solutions for creating passwordless and decentralized authentication to allow a system to verify an identity without a password or other authentication credential associated with the identity. There is further a need for technological solutions allowing such decentralized authentication where individual enterprises lack a sufficient number of ledgers and thus need to coordinate with other enterprises to perform decentralized authentication. In addition, there is a need for technological solutions addressing what information to store in, and what information to omit from, ledgers used in decentralized authentication. Described herein are “no password” or “passwordless” authentication techniques that operate in a decentralized manner. Embodiments of the authentication techniques may enable secure authentication in various types of decentralized frameworks, such as ***blockchain*** implementations, without the need for a user to manually provide authentication credentials (e.g., username, password, biometric information, tokens, certificates, keys, etc.). The authentication techniques may allow users to log into a system, or authenticate to a different system, without having to remember or enter authentication credentials. The various implementations described herein overcome many drawbacks of current authentication systems. The described passwordless authentication system may harden existing systems and defend against malicious activities. Further, a decentralized system framework (e.g., ***blockchain***-based) removes the need for a single repository of credentials and thereby minimizes the risk of credential harvesting from a single source (e.g., Directory, LDAP, etc.). **Categories:** Blog --- ### [The most awaited Blockchain phone is set to launch from December 2018.](https://blog.unocoin.com/the-most-awaited-blockchain-phone-is-set-to-launch-from-december-2018/) **Published:** December 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*1lPxC7VF25dmDn8omkRjFg.jpeg)The World’s first blockchain smart phone.The most awaited Blockchain phone is set to launch from December 2018. Finney the iconic blockchain mobile device from Sirin Labs, running Sirin OS is launching at a price tag of $999. Sirin Labs is a software company based at London with a focus on building a mass market cybersecurity system on the blockchain. “The story of [SIRIN LABS](https://sirinlabs.com) begins with their first phone, the SOLARI, which is recognized as one of the most secure phones ever built. It used an earlier version of the ultra-secure SIRIN OS, targeted ultra-high net worth individuals, and is still being sold around the world. One of the most interesting features that SOLARIN had was an external switch which transferred the phone into “Encrypted Communication” mode. A bare-bones section of the phone disconnected from the rest on both hardware and software levels. This mode used a different OS, microphone, speaker, and even a different keyboard to avoid the ability for any 3rd party to intercept communications while it was active.” claims Sirin Labs. **Built-in Features**: Built-in cold storage wallet Decentralized Application center (dCENTER) Learn & Earn Incentivized Education Token Conversion Service **CYBER PROTECTION** Behavioural based Intrusion Prevention System (IPS) Blockchain based, full tampering proof Physical security switch (for wallet protection) Secured communications (VoIP, text, email) Three-Factor authentication: Biometric, Lock Pattern, Behavioural SIRIN LAB’S proprietary operating system will give FINNEY users an easy-to-use Android experience with the Play Store and the apps it contains. **WHAT IS SIRIN TOKEN?** The SIRIN Token (SRN) is a utility token, whose purpose is to be used as the cornerstone of the SIRIN LABS ecosystem, which currently consists of the SIRIN OS, FINNEY smartphone, SIRIN Decentralized Application (DApp) Store, and the SIRIN LABS brick-and-mortar stores. **Categories:** Blog --- ### [Blockland Cleveland: Open for business](https://blog.unocoin.com/blockland-cleveland-open-for-business/) **Published:** December 4, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*O0jq-_QO3QA5D4wC2HFEnQ.jpeg)Blockland Cleveland: Open for businessThe [Blockland Cleveland](https://www.blocklandcleveland.com/) initiative is a 300-strong volunteer collaboration comprised of developers, business leaders, government representatives, entrepreneurs, philanthropic organizations and universities. They are working together to establish Cleveland as a significant technology center by being a leader in blockchain solutions. Their goal is to massively grow employment that benefits the entire Cleveland community. **Mission**: - Educate: Provide for an emerging workforce and leaders in blockchain technology. - Lead: Demonstrate innovation and real-world application of technology in the Midwest. - Establish: Create a local ecosystem where partnerships leverage blockchain technology. - Promote: Blockchain has incredible potential to be inclusive in serving the greater good. **Focus areas**: - Thought leadership - Business applications - Talent development - Political environment - Entrepreneurial environment - Legal system - Philanthropy - Research and innovation Focused towards building a blockchain based business environment, Blockland cleveland is hosting the [Blockland Solutions Conference](https://blocklandcleveland.com/solutions) which is held between December 1st and December 4th. This 4 day event focuses on higher education, government, industry, philanthropy and the community. The event features more than 130 speakers and over 1500 attendees. It’s a grassroots effort spearheaded by [Blockland](https://www.blocklandcleveland.com/who-we-are/), a community-wide movement to establish a blockchain ecosystem in Cleveland, and put the region at the forefront of blockchain thought leadership. **Categories:** Blog --- ### [ELTOO: For OFF-CHAIN CONTRACTS](https://blog.unocoin.com/eltoo-for-off-chain-contracts/) **Published:** December 20, 2018 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*2dB4Pim7aQT4bXOuIJaWPg.jpeg)In the recent past, Bitcoin the largest public blockchain network have made people think about the scalability of the network. Originally designed and developed to transact as a currency, is now the leading Cryptographic asset in the world. *Lightning Protocol*, introduced by Lightning Labs is the network layer built on top of the existing Blockchain network which works to solve the problems of scalability faced by the cryptocurrency network offering instant and high volume payments. The protocol is successfully implemented in the bitcoin and litecoin blockchain. With the rising global demand for Bitcoin and other Cryptocurrencies and global crisis erupting due to the cost of running the mining machines. Some of the best minds in the cryptography and blockchain are working towards solving the problems. One such problem is **scalability**. *Blockstream* is a pioneer in building bitcoin and blockchain related solutions. Founded by Dr. Adam Back and other groups of Cryptographers, the team focuses on building the financial infrastructure for blockchain. Liquid, Cryptocurrency data feed, Blockstream satellite, and Block explorer are products built by Blockstream. We will take a deeper look in their products in the upcoming blogs. This blog will be focused on *ELTOO*. What is ELTOO? Eltoo is a simplified update mechanism for lightning and off chain contracts. What does that mean? To break down ELTOO into a layman’s perspective it is nothing more than a flyover built on a densely trafficked road, with the endpoints connecting the same route. Let’s dive a little deeper. Consider a group of friends A, B,C, D, E, and F are planning for a road trip. The team interact with each other and decides the budget for the trip. In the course, each one takes up a role and works towards executing the plan. One takes care of the vehicle for a commute, one for stay and hotel, one for routes for travel and so on. In this event, a lot of internal transactions are set to happen and since a lot of money is involved they decided to make transactions in a secure network, say a bitcoin blockchain. There are going to be multiple transactions involved in this course. Instead of taking these transactions to ON-chain or main blockchain network. *BLOCKSTREAM* suggests a way to settle the transactions OFF the chain and link the final output or value to the last existing block in the blockchain, without compromising the security proposed by LN( *Lightning Network*). When the group of friends listens to this proposal, they become skeptical. The idea Blockstream proposed was ELTOO. It helps in settling off chain transactions and linking or binding the final output to the main or original blockchain. This is done through a process called *Floating transactions* i.e transactions that can be bound to any previous transaction with matching scripts, with it the ability to skip intermediate states. The key takeaway is transactions are settled OFF chain and the output is updated to the ON chain or the main blockchain. Since the ongoing transactions happening in the main blockchain continues the transactions are matched with scripting languages. This may be a minor update proposed by Blockstream, but it is one of the logically proposed ways to solve the scalability issue in Bitcoin. Technical readers can access the following links to know the complete functionality of ELTOO 1. eltoo: A Simplified Update Mechanism for Lightning and Off-Chain — 2. eltoo: A Simple Layer2 Protocol for Bitcoin — 3. Lightning Labs — 4. Blockstream — **Categories:** Blog --- ### [Stable Coins: Are they the future of money?](https://blog.unocoin.com/stable-coins-are-they-the-future-of-money/) **Published:** January 4, 2019 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*MnKMxnRu4RaZ29vB14OOOg.jpeg)Crypto enthusiasts and businesses operating on cryptocurrency experienced bearish trends, regulations, Facebook and Google advertising bans, lightning network and the growth of stable coins etc. Are stable coin really worth the Hype? Are they the future of money? **Stablecoins** are cryptocurrencies designed to minimize the effects of price volatility. Price volatility is an important aspect of Cryptos. To curb the price volatility and to use crypto as a reliable mode for transactions stablecoins are used. **Currency backed Stablecoin**: Stablecoins are backed by currencies like dollars, Euro and Swiss. This is the most common type of Stablecoin in the market. **Their characteristics are**: - Their value is pegged to one or more currencies (most commonly the US dollar, also the Euro and the Swiss franc) in a fixed ratio, - The tether is realized off-chain, through banks or other types of regulated financial institutions which serve as depositaries of the currency used to back the stablecoin, - The amount of the currency used for the backing of the stablecoin has to reflect the circulating supply of the stablecoin. **Examples**: 1 TUSD is equal to 1 dollar. As the price is pegged with dollars. Other stablecoins include USD Tether (USDT), Paxos Standard (PAX), Centre, Gemini Dollar (GUSD). **Categories:** Blog --- ### [Important Announcement](https://blog.unocoin.com/important-announcement/) **Published:** January 11, 2019 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*Rp-wb05ECFmaDNinXqnRgQ.jpeg)Dear users, Since Zilliqa is moving to mainnet, Unodax will disable all deposits and Withdrawals of Zilliqa after 24th January. Users are hereby requested to withdraw their Zilliqa available at Unodax platform **on or** **before 24th of January.** **Unocoin will not be responsible for late withdrawals or mislead transfers by the users. We kindly request our users to withdraw their funds as early as possible.** To know more about the Zilliqa mainnet update, use the following link: [Zilliqa](https://blog.zilliqa.com/zilliqa-project-update-25-gearing-up-for-mainnet-c61dde9c0cb5) For any queries reach out to our customer care executives at 1800–103–2646 (24-Hour TollFree Number) or Mail us at **Categories:** Blog --- ### [Unodax partners with Changelly for seamless Crypto conversions!](https://blog.unocoin.com/unodax-partners-with-changelly-for-seamless-crypto-conversions/) **Published:** February 11, 2019 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*r8wzlln7HgHjO6nOGPrBKw.jpeg)Unodax, India’s leading Cryptoasset exchange and Blockchain company is partnering with Changelly. Unodax users can now make instant Crypto conversions, without spending time on other exchanges. Crypto converter feature introduced in the Unodax platform is a huge leap in the Indian Crypto community-saving time in conversions. Traditionally Indian Crypto users have to switch between multiple exchanges and check for cheap prices for their conversion. Now, conversions are quick and are settled instantly at the Unodax platform. Unodax has over 1 million users trading in its platform. This feature will be benefiting all Unodax users and new users switching to the Unodax platform. “We at Changelly are genuinely excited to become partners with Unodax and bring Indian crypto community the best instant-swap experience. I find this cooperation as a prominent milestone for blockchain industry in general, as it helps to unite millions of crypto enthusiasts all over the world which is one of the key steps on the way to crypto mass adoption,” — Changelly CEO, Ilya Bere admits. “We at Unodax are excited about this partnership. With this partnership, Unodax users can convert their Cryptoassets at the best conversion rates. Cryptoasset conversions as a whole will impact the Indian Blockchain community and help maintain liquidity in the market” says Sathvik Vishwanath, CEO of Unodax exchanges **About Changelly**: Changelly is a non-custodial instant cryptocurrency exchange, which acts as an intermediary between crypto exchanges and users, offering access to 130+ cryptocurrencies. The company mission is making the exchange process effortless for everyone who wants to invest in cryptocurrency. Changelly offers its API and a customizable payment widget to any crypto service that wishes to broaden its audience and implement new exchange options. **About Unodax**: Unodax is an Indian Cryptoasset exchange and Blockchain company. Unodax has over 1 million users trading in its platform. Unodax is the exchange built and run by team Unocoin. **Categories:** Blog --- ### [Make deposits and withdrawals in INR via AirTM](https://blog.unocoin.com/make-deposits-and-withdrawals-in-inr-via-airtm/) **Published:** April 5, 2019 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*DgFGopVeaqk1g9U5T7tQXQ.jpeg)**Make deposits and withdrawals through via AirTM**We are pleased to announce that Unodax users now have an easy, simple to use solution to on and offboard fiat to their Unodax account. Unodax has partnered with Airtm, a digital wallet, and peer-to-peer exchange platform. Airtm connects peers who wish to buy and sell dollars and then deposit and withdraw the same as TUSD into Unodax, allowing them to do so with over 200 different payment methods. Starting today, you will be able to fund your Unodax using Airtm. In this tutorial, we will show you how. 1. **First, you will need to register for an Airtm account. Signing up is free, fast and easy. After clicking on the “Join” button on the homepage, enter in your information and wait for an email from Airtm to verify your email address. Follow the instructions and your account will be registered in no time.** ![](https://cdn-images-1.medium.com/max/800/0*tS8DS1G1B_NpTsHm)**2. You will need to deposit funds into your Airtm account. To learn how to deposit using Indian rupees from your bank account,** [**click here**](https://www.youtube.com/watch?v=PSrZvq9gbFs)**.** **3. After funding your Airtm account, you are now ready to deposit into your Unodax account. Log in to your Unodax account.** ![](https://cdn-images-1.medium.com/max/800/0*X37vliSnfcYYFX0C)**4. Go to the menu icon on the top right corner** ![](https://cdn-images-1.medium.com/max/800/0*PtPwAn_IVwORfqI0)**5. Choose the “Wallet” option** ![](https://cdn-images-1.medium.com/max/800/0*2sRfKim0PZXzuhXm)**6. Click on the option “deposit” in TUSD crypto** ![](https://cdn-images-1.medium.com/max/800/0*Y8ZiOljwaaW-ikPH)**7. Select “Airtm Deposit”, enter in the amount you wish to deposit and click on “deposit”** ![](https://cdn-images-1.medium.com/max/800/0*mDXsysJXlEyE_N4r)**8. Log in to your Airtm account** ![](https://cdn-images-1.medium.com/max/800/0*qpiEn8bIABJHgVDj)**9. Enter your OTP code** ![](https://cdn-images-1.medium.com/max/800/0*IrlBn4LqzPrCtgf1)**10. Confirm your deposit** ![](https://cdn-images-1.medium.com/max/800/0*3xbJ53kU0Xc-W5W4)**11. Done! Your AirUSD has been deposited to your Unocoin account** ![](https://cdn-images-1.medium.com/max/800/0*gm6so5EqH9fxycfW)You will now see your new balance reflected in TUSD. As a reminder, you can also watch this [video tutorial](https://www.youtube.com/watch?v=PSrZvq9gbFs) on Youtube which explains how to make your first deposit, step by step. We hope you find the process easy and simple to use! Team Unocoin **Categories:** Blog --- ### [Introducing Instant Loans From Unocoin](https://blog.unocoin.com/introducing-instant-loans-from-unocoin-2/) **Published:** March 4, 2020 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*8kN89dMD8f_Fe4jEievaCQ.png)What the internet did to communication and networking, cryptocurrencies have been doing to finance since their inception. The world was treated to a new trading revolution as well, with Bitcoin and the several hundred cryptocurrencies being traded on crypto exchanges globally. Investors around the world have found crypto assets a sound investment decision. But their value extends beyond just trading. Cryptocurrencies, though volatile, offer a decentralized, transparent, and secure interface for a variety of financial uses. The hottest one on the block right now seems to be crypto-backed lending. ### Crypto assets and lending Lending and credit facilities have been traditionally offered by banks and financial institutions globally. The loans so offered: - have to be backed by collaterals such as stocks, shares, gold, property and others. - involve considerable formalities and paperwork - are inflexible and - accompanied by high-interest rates and penalties in case of non-payment Courtesy the exciting era we live in, we’re witnessing a digital revolution in lending and payment practices as well. With blockchain tech and cryptocurrencies quickly becoming a popular and widely adopted mode of digital investment, conventional assets and stocks have a competition to deal with. Currently, the total value of the bitcoins in the world stands at [$154 billion](https://coinmarketcap.com/) and that of the bitcoin together with other cryptocurrencies equals to [$210 billion](https://coinmarketcap.com/). The potential of these crypto-assets lies untapped and unleveraged hugely. There is tremendous scope for **credit creation** by using these crypto-assets as collaterals to get a (USDT) loan. This Avant-garde concept is becoming fast popular in the crypto circles but still at a nascent stage. Bitcoins and altcoins are fast becoming an alternate option as collateral for obtaining loans. **Unocoin**, is India’s First cryptocurrency exchange trusted since 2013, seeks to harness the untapped leverage of Bitcoin. Which is why it’s launched a lending portal offering loans backed by crypto assets to its users. *A pioneering name in crypto-trading, Unocoin’s new lending portal will form a quintessential part of its ecosystem helping its users to self-sustain their financial needs backed by their own crypto-assets.* ### What makes Unocoin lending a win-win deal? Unocoin intends **to grant loans in USDT and in INR to verified users against pledged collateral in bitcoin.** **USDT is stable coin (1 USDT is pegged to 1 USD) and if the users opt for INR, then it can be withdrawn to their bank account.** Bitcoin has regularly outperformed itself with the exception of a few dips in its value and is the most seamless, liquid and universally accepted cryptocurrency. **Loans backed by crypto assets powered by Unocoin** score over the conventional borrowing routes helping the investors manage their investments, fund their expenses and even plan their tax routines using the customisable and easy-to-obtain loans. Let’s have a look: - **Quick and simple**: Unocoin lending’s USP lies in the fact that it is not based on any P2P lending model where the users negotiate the terms of the loan with each other or attempting to utilize a network of brokers. It initiates the loan procedure through a secured dashboard exclusively available to its verified users instantaneously. Once verified, the users need to: 1. Go to the lending section and transfer their BTC or enter the amount of USDT required to the lending account. 2. The amount so transferred will automatically be used to fill the loan order for a new loan or pay the EMIs of an existing loan. 3. The collateral amount (in bitcoins) required to get an x amount of loan in USDT will be greater than the total value of x. - **Customisable and Flexible**: Borrowers have the option of paying their loan and interest in easy monthly instalments of 3 to 36 months. They can also go in for the flexible route and customise their own repayment schedule. Unocoin does not posit any restrictions on repayment time under the flexible option. The loans can be secured as a micro-finance by an individual or by a firm to procure funds. In case a borrower pays the loan early, no penalties are charged and the collateral is released immediately to the respective wallet. Multiple loans can be borrowed and kept active at a particular point in time. - **Transparent and secure**: Banks and conventional financial institutions often involve hidden charges and high-interest rates, Unocoin lending does not involve any hidden charges. The loan to value ratio is explicitly denoted along with the interest rates once a verified user uses their BTC to be submitted as collateral, or the loan amount in USDT on their personal dashboard. User can enjoy real-time updates and notifications about their current loan status and value of the collateral. Unocoin, assures complete security to the verified user. - **Cost-efficiency and leverage**: A crypto asset holder can use their assets to gain loans and enjoy the increase in the value of his assets. Since Unocoin lending involves cryptocurrencies as collateral, the ownership remains intact with the borrower. The user need not sell their holding and enjoy an increase in the value of their holding in future. - **Flexible usage:** The loan amount can be withdrawn to be used for multiple purposes such as: 1. To diversify the investments further and manage risks 2. To trade on securities and cryptocurrencies 3. To pay-off daily expenses or fund a vacation 4. To close another loan with a higher rate of interest 5. To fund a business 6. To buy a home Unocoin lending aims to synthesise the unsought benefits of cryptocurrencies besides trading. Through the simple yet effective interface, it intends to ease up the loan application process by making the users decide their loan amount and terms of repayment given the amount of the collateral. Bitcoin and blockchain, as disruptions in the IoT, initiated a digital revolution. Unocoin lending intends to further the revolution as a mainstream lending phenomenon to be adopted universally. When are you getting started? P.S: We have a stable coin called TUSD that is being listed on our exchange with its wallet enabling customers to deposit and withdraw it. We will be sunsetting the TUSD on exchange and its deposit on 31st of March 2020. The withdrawals will be suspended by the end of April and our users are requested to withdraw their TUSD tokens before 30th April 2020. **Categories:** Blog --- ### [DeFi : Borrowing and lending on the Blockchain](https://blog.unocoin.com/defi-borrowing-and-lending-on-the-blockchain/) **Published:** July 8, 2020 **Author:** Unocoin Growth **Content:** #### Understanding that banks are not infallible, the genesis of cryptocurrency and the next step in the evolution of cryptocurrency practices ![](https://cdn-images-1.medium.com/max/800/1*YimeC9A-cmukJsh5xa0pcQ.png)### Understanding how banks make money: Traditionally, banks are businesses: they are companies listed on the stock market and therefore owned by and run for shareholders. Banks need to generate enough money to pay their employees, support their infrastructure and keep running their activities. Apart from charging fees for their services and trading in the financial markets, they largely make money by charging interest on loans. But where do banks get the money to lend? Retail and commercial banks need customers to deposit their money with them and the money in these accounts creates a huge reserve of liquid cash for banks to use, called liquidity pools. To incentivize people to keep their money in a bank, it pays them a small amount of interest, but this is only a fraction of what the bank earns by lending out the deposited money to other entities. The difference, known as the margin or turn, adds to the bank’s earnings and helps it stay in business. For example, if a bank pays 6% interest on deposits, it may charge 10% on loans. ### The unreliable nature of centralized banking systems: But like every business, there are problems within this system. India’s central bank has created some big concerns about the opacity and sustainability of the country’s banking system. In its bi-annual [Financial Stability Report](https://rbidocs.rbi.org.in/rdocs/PublicationReport/Pdfs/0FSR_30061794092D8D036447928A4B45880863B33E.PDF) (FSR), released on June 30 2017, the Reserve Bank of India (RBI) warned that the sector is under severe stress, with an increase in bad loans and bank fraud, among other issues. There are of course rules and regulations that every centralized bank has to adhere to so that the chances of a bank issuing a loan that can’t be paid back are minimized. But more often than not, there are instances of higher-level bank officials who make human errors and commission loans unethically. And sometimes, these decisions do not bode well for their customers- take the Yes Bank fiasco from earlier this year, for example. Despite being one of the most popular banks in the country, red flags were raised about its asset equity in 2015 by UBS, a global financial services company. The report stated that Yes Bank had loaned more than its net worth to companies that were unlikely to pay back. Matters came to a head when RBI decided to cap withdrawals for deposit holders with Yes Bank at Rs. 50,000 INR per month in March 2020 and place the bank under moratorium “in the absence of a credible revival plan, and in the public interest and the interest of the bank’s depositors…” ### DeFi: An alternative for the future Cryptocurrency has gained ground in recent years because of the promise of autonomy that blockchain holds out for its users. With its decentralized, peer-to-peer model of transacting money, it allows you to be in control of your money and offers you an opportunity to be your own medium of accessing loans and earning interest on cryptocurrency and exchange directly with merchants, while eliminating intermediaries. If cryptocurrency is decentralized money, then DeFi is decentralized finance or an open system for borrowing and lending. It is still early days for DeFi and its most powerful effects can only be discerned over a long term, but the notion that crypto entrepreneurs can recreate traditional financial exchanges in a decentralized format has made a strong case for DeFi. ### DeFi’s Modus Operandi: 1. DeFi’s open lending protocol works much like banks- users deposit their money and when someone borrows their digital assets, they earn interest. However, instead of an intermediary, the open-source and smart contracts dictate the loan terms, connecting lenders and borrowers and in charge of distributing the interest. 2. The smart contract once deployed on the blockchain is self-executing and can’t be stopped unless both parties agree. But it is a rather difficult process wherein both parties have to retract the contract using their digital signatures. 3. Due to the innate transparency and immutability of the blockchain, the lender earns high returns and is able to assess the risk more clearly. 4. Pledging your cryptocurrency on a protocol entitles you to interest. 5. The standardization and interoperability of the system can reduce costs with automation and all rules are enshrined in tamper-proof smart contracts. 6. The company issuing the DeFi protocol charges a small transaction fee for every loan issued on the protocol. The above-mentioned points are written with the aim to initiate the reader to the emerging new concept of DeFi but it should be remembered that it is young and relies on a paradigm shift. Accessibility, regulation and thin liquidity are major roadblocks on the path of DeFi; it is nonetheless a space of innovative experimentation instead of traditional financial operations and risks might be mitigated as the industry matures. Reliable solutions seem to be on their way and things ahead for DeFi look exciting. **Categories:** Blog --- ### [Cryptocurrency in the COVID era](https://blog.unocoin.com/cryptocurrency-in-the-covid-era/) **Published:** July 14, 2020 **Author:** Unocoin Growth **Content:** #### Every crisis brings with itself an opportunity. From one such in the past was born cryptocurrency. But how will the ongoing pandemic affect policy, adoption and investment trends in cryptocurrency? ![](https://blog.unocoin.com/wp-content/uploads/2022/07/c63bd-1r3y28dolbdfvg1n-hdvc_g.png)Apart from the staggering human cost of the pandemic, what weighs heavily on the world in the second half of 2020 is an economic recession. Traditional investment values have nosedived across the board in terms of commodities, bonds and equities and the IMF has dubbed this ‘the worst recession since the great depression’. In the past, the birth of cryptocurrency on a decentralised, peer-to-peer network was precipitated by another financial crisis- that of 2008. It was shortly after the event that the pseudonymous Satoshi Nakamoto authored the bitcoin white paper and devised the first blockchain database. Since then, over 3000 cryptocurrencies have been introduced. It is no surprise then, that the present day crisis has had investors look to Bitcoin yet again as a means to hedge the risks and make profits. Cryptocurrency and blockchain have not been affected by the fluctuations of the COVID-era markets; they have in fact seen a surge in the number of their users. “Daily crypto trading volume in India may be $10-$30 million,” noted Ajeet Khurana, former head of the Blockchain and Cryptocurrency Committee of the IAMAI (Internet And Mobile Association of India). Trading volumes have reportedly increased by 400% on certain platforms in the last few months. One of the reasons is that the pandemic has forced us to stay indoors, pushing us towards an increasingly digital lifestyle and accelerating major technological advances. Loss of income and pay cuts have also meant that people are now more open to new investment alternatives. More digital time at home has given us an opportunity to upskill and educate ourselves on the latest technologies. Moreover, crypto offers the possibility of reducing the cost of doing business substantially, owing to its relatively low fees. On observing the recent market crisis brought upon by the pandemic, it is seen that cryptocurrencies and the stock market were correlated only for a short window of time. This had less to do with the market itself, but was primarily due to a liquidity issue and compounded by the halving of Bitcoin every four years, which took place on the 11th of May 2020. This year has also seen some relief at the policy level- in March 2020, the Supreme Court overturned the RBI’s total ban on cryptocurrency transactions in India. This is not to say that investing in cryptocurrency is risk free- it has seen its fair share of volatility, something which will most likely be overcome with mass adoption. Paraphrasing Bloomberg: “Maturation, greater depth and plenty more exposure via futures should continue to suppress the first-born crypto’s volatility, clearly keeping it tilted toward price appreciation.” Any investor worth his salt will tell you that in troubled times, diversifying your investment portfolio is a wise step. And for the reasons mentioned above, cryptocurrency is starting to look like an increasingly attractive way to put your eggs in different baskets. Join the [Unocoin community](http://unoco.in/app) today and let us help you enjoy the benefits of using cryptocurrency. **Categories:** Blog --- ### [A Brief History of Money](https://blog.unocoin.com/a-brief-history-of-money-2/) **Published:** July 20, 2020 **Author:** Unocoin Growth **Content:** #### Money is arguably the greatest driver of things in the world today, but it isn’t real and hence based on trust. Learn more about the evolution of money from the primordial barter system to its latest avatar— cryptocurrency. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/3a653-1yjdwcznhyigdsgeoqg-3ua.png)It is no exaggeration to say that money makes the world go round. Nations and religions can be bitterly divided over territory and oil reserves but we all seem to believe in a rectangular piece of paper. Ironically, money has proved to be an efficient unifier and a universal motivator of human beings. It is inextricably linked to power and status across societies which may not even speak the same language. This probably explains why in the time we’re living in, the economic consequences of the pandemic are stressed far more than the loss of human lives. But if you think about it, money in itself has no value- it is merely a piece of paper, a disk of dull metal or a number on a screen. It is people who assign value to money and it retains it by being a medium of exchange, a unit of measurement and a trusted storehouse of wealth. And money buys us the most vital of all resources- time. Let’s chart the evolution of money. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/1e928-1zymaipadglnlktgmdad6eg.png)#### Bartering: Since human beings first started collaborating with each other, they have exchanged goods. A man could exchange a cow for a fish, as long as he found another man who needed his cow and was willing to trade it for his fish. But trade and bartering depended on a coincidence of wants. If the first man wanted a fish that day but the second wanted a full-grown cow and not a calf, the fish would have to wait for a few months, by when it would become inedible. The deal would thus only be struck if all these factors aligned for both parties. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/4a191-1frlnhjzp_on3hamg91kbsw.png)#### Gold and other precious materials: This gave rise to the need for a third good with universal value so we didn’t have to go through a long chain of bartering. Apart from being durable and portable, this third good would have to be scarcely available or acquired with great difficulty for it to be valuable. In the past, we came up with various ideas for it- salt, gold, silk, seashells or even limestone doughnuts. But as we grew in numbers, settled, built cities and started farming, it became difficult to depend on a precious object as currency which could not accommodate the needs of a swelling society. This paved the way for token currency. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/71aa3-1x-dpk6iffsna4u7sxuj9qg.png)#### Token Currency: Ancient Indians were one of the earliest issuers of coins in the world, along with the Chinese and the Lydians. It is around the 6th century BC that punch-marked coins came into existence in their societies. They were usually minted by the authority which governed these republics, in most cases the monarch. This was by far the most reliable and enduring money and continued well into 17th century Europe. But with this format, there came a risk. We have all heard about Sultan Mohammed Bin Tughluq of Delhi whose token currency met a disastrous end. As the Sultan found it difficult to maintain a supply of gold and silver coins in huge amounts, the administration resorted to minting vast quantities of new copper and brass coins that could be exchanged for fixed amounts of gold and silver. But because of an overly simplistic design and the absence of cryptic seals, this decision proved to be a boon for forgers, who started minting a large number of fake coins. With the rapid increase in the numbers, these tokens became valueless, leading to hyperinflation and economic chaos. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/0a436-1lcymmdmxjg_n2-nfbcpseq.png)#### Paper Currency: Based on our learning from the previous failures in circulating money, the idea of paper currency was born. It received an impetus from the colonial governments around the world who joined several economies and brought them under the same crown. Paper money was a continuation of representative money, which eventually came to be replaced by fiat money. Fiat is the Latin word for ‘let it be done’. Money is thus given a value by a government decree or a promise, admitting an enforceable legal tender, which means that by law, the refusal of ‘legal tender’ money in favour of some other form of payment is illegal. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/b323f-1_ax2b-c0h7w3g55xst57sa.png)#### Electronic payments: The digital age ushered in two disruptive forms of currency: Mobile payments and virtual currency. Removing the need for cash, electronic payments necessitated the use of credit and debit cards and payment gateways for fund transfers. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/399a8-1deafkehhdujtlmv-khknpa.png)#### Cryptocurrency: Human progress is built on identifying problems within a system and seeking out solutions to resolve them. Fiat money involved a third party, usually a federal or central bank, which is not free from human errors or ethical compromise. Following the 2008 financial crisis, people were disenchanted with the ‘too big to fail’ idea behind banks. This disillusionment precipitated the birth of Bitcoin in 2009 with the release of the white paper on cryptocurrency by the pseudonymous Satoshi Nakamoto. Bitcoin’s entry in the market took virtual currencies to the next level with the use of state of the art technology called cryptography. The appeal of cryptocurrencies is that all transactions are stored in a universal ledger online called the blockchain, which can be accessed by any user on the system. Operated by a decentralised authority, it also holds out the promise of lower transaction fees than usual online payment formats. Today, there are over 3000 cryptocurrencies in circulation around the world and to remain ahead of the game in money, knowledge of cryptocurrency is mandatory. To up your game, sign up for one of our many engaging courses by experts on [Unoversity](https://www.unoversity.com) today. **Categories:** Blog --- ### [Game Theory and Cryptocurrency](https://blog.unocoin.com/game-theory-and-cryptocurrency/) **Published:** July 30, 2020 **Author:** Unocoin Growth **Content:** #### Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It has applications in cryptocurrency as well. ![](https://cdn-images-1.medium.com/max/800/1*XDMg_JKkt9Q0MQxBxYQAaA.png)To explore game theory in cryptocurrency we must talk about fiat currency first — the money declared by the Reserve Bank of India or any Central or Federal Bank as the legal tender, like INR or USD. How is our money maintained and stored? No matter who you are or how much money you have, your money is going to be stored in a centralised location i.e. a bank. The problem with the system is that you’re giving money to a financial institution and like every other, it is at the risk of being compromised because of the simple fact that it is run by human beings and human beings are corruptible. The blockchain was developed as a solution to this problem by being completely decentralised and internally corruption-free. This was achieved by using cryptography and game theory. A lot of us must remember the movie ‘A Beautiful Mind’ starring Russell Crowe. The character he plays in the film, John Nash, was the American mathematician who was foundational to fleshing out some important ideas within game theory in 1950. Game theory is the study of mathematical models of strategic interaction among rational decision-makers. It has applications wherever human beings collaborate — fields of social science, logic, systems science, computer science and especially blockchain, as it operates on a peer-to-peer network. It is fundamental to the development of cryptocurrency and one of the reasons why it has managed to survive over a decade, despite attempts to break into the network. Let’s take an example. Pritish goes to his grocer every morning to buy a packet of milk. While he waits for the shopkeeper to find the desired commodity, he can easily slip in a couple of bananas from the table with no one looking. But Pritish won’t do that, since the result of being caught stealing would be much greater than the cost of two bananas. This is a simple instance, but a similar principle is applied to economics to predict human behaviour and ensure a system with incentives and disincentives in place to discourage people from straying from the ethical course. Miners on the blockchain have power in the system and if they choose to cheat, they can wreak havoc on the system. The way to mitigate the risks is by having punishments in place for misbehaviour. If you break a rule within the algorithm’s systems, there are consequences that far outweigh the gain. For example, if a miner decides to attempt to tamper with a hash or double-spend a transaction, the block will become “orphaned”, or left out of the blockchain. If a miner attempts to do this, they will also end up devaluing their mining investment. They lose their mined Bitcoins and are denied the reward for completing transactions. And as such, the most probable and rational decision to make for a miner would be to act honestly and keep their blockchain secure. This is the essence of game theory. **Categories:** Blog --- ### [A Brief History of Money in Hindi](https://blog.unocoin.com/a-brief-history-of-money/) **Published:** August 5, 2020 **Author:** Unocoin Growth **Content:** ![](https://blog.unocoin.com/wp-content/uploads/2022/07/3a653-1yjdwcznhyigdsgeoqg-3ua.png)आज की वैश्विक स्थिति में यह कहना ज़रा सा भी अतिशयोक्ति नहीं होगा के पैसा दुनिया को बनाता और चलाता हैं। राष्ट्र, जाती या मज़हब — यह सारे भूखंड और तेल यानि पेट्रोलियम का भंडार के आधार पर बंटा हुआ है। ज़ाहिर सी बात यह हैं के इंसान आज सबसे ज़्यादा भरोसा कागज़ का एक आयताकार टुकड़े पे करता हैं, जिसे अंग्रेजी में मनी और हमारी ज़ुबान पे पैसा कहते है। दुनिया भर में इसे कहीं डॉलर, कहीं पाउंड, यूरो या रुपैया के नाम से जाना जाता है। हैरत की बात यह हैं की यह पैसा आज इंसान के लिए सबसे प्रभावी प्रेरक और उसे एकजुट करनेवाला घटक हैं। पैसा आज उन सारे समाजों में समर्थ और प्रतिष्ठा का एक विशिष्ट सूचक बन चूका हैं जिनके भाषाएं, रहनसहन,संस्कृति और जीवनशैली बिलकुल ही एक दूसरे से अलग हैं। शायद इसी से पता चलता हैं के यह सर्वव्यापी महामारी के समय में क्यूँ इसका अर्थनैतिक परिणाम, इंसान के जानोमाल का नुकसान से भी ज़्यादा महत्त्वपूर्ण प्रतीत होता हैं। पर अगर आप सोचे तो आपके समझ में आएगा के वैसे इस पैसों का अपने आप में कोई मूल्यों नहीं हैं। यह सिर्फ एक कागज़ का टुकड़ा या धातु का एक चकती या फिर किसी स्क्रीन पर दिखनेवाला एक संख्या भर हैं। यह तो इंसान ही हैं जो की इसकी कीमत को तय करता हैं और वह इसे कायम रखता हैं, लेनदेन का एक जरिया या आर्थिक नापतोल का एक इकाई बनकर, धन-दौलत का एक भंडार के रूप में अपने आप को प्रतिष्ठित करके। आइये हम इस पैसा नाम की चीज़ का विवर्तन के इतिहास को ज़रा जानने व समझने की कोशिश करें। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/1e928-1zymaipadglnlktgmdad6eg.png)**लेनदेन या विनिमय :** जबसे इंसान एकजुट होकर साथ रहने लगे, वह एक दूसरे से जरूरी चीज़ों का लेनदेन चलाता रहा अपने बीच। एक आदमी कुछ मछलियों के बदले में धान या गेंहू लेता रहा, जबतक उसे एक दूसरा आदमी मिल जाता जो की इस विनिमय को तैयार हो जाता या उसके लिए भी इसकी जरूरत होती थी। परन्तु यह लेनदेन या विनिमय तब ही हो पाता था, जब दो आदमी का मांग मेल खाता था। पहला आदमी को चाहिए कुछ धान या गेंहू जिसके बदले में वह मछली देने को तैयार था। दूसरा आदमी को मछली नहीं चाहिए था, बल्कि कुछ मकई या चने की जरूरत थी उसको। ऐसी स्थिति में यह लेनदेन संभव नहीं होता था। जबतक पहला आदमी को कोई मछली लेनेवाला मिल जाता, तब तक हो सकता हफ़्तों बीत जाते और वह मछली ही खाने लायक न रहे जातें। इस तरह की समस्याएं अक्सर आ सकती हैं इस विनिमय की प्रक्रिया में। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/4a191-1frlnhjzp_on3hamg91kbsw.png)**सोना या उस तरह की कोई और मूल्यवान बस्तुयों का इस्तेमाल :** इसके लिए कोई तीसरी बस्तु की जरूरत होती थी जो की सठिक मूल्य की हो, ताकी आदमी को किसी लम्बी चौरी विनिमय प्रक्रिया से गुज़ारना न पड़े। इसके लिए विनिमययोग्य एक ऐसी वास्तु होनी चाहिए जो की टिकाऊ, वाहन करनेलायक और आसानी से मिलनेवाला न हो या मुश्किल से ही प्राप्त किया जा सके। अतीत में इंसान इस तरह की लेनदेन की लिए कई तरह की बस्तुएं, यथा सोना, नमक, सामुद्रिक प्राणी की खोल या आवरण या फिर लाइम स्टोन आदि खनिज पदार्थ क़े टुकड़े भी इस्तेमाल करते थे। जैसे जैसे इंसान संख्या में बढ़ता गया, और अच्छे से बसता गया, शहरों का स्थापना किया और खेती-बारी करने लगा, यह लेनदेन या विनिमय प्रक्रिया की सहूलियत ख़तम होने लगा और धातु क़े टुकड़े मुद्रा क़े रूप में इस्तेमाल होना भी मुश्किल से खाली न रहा। इस मोड़ पे पहुंच कर इंसान को एक सांकेतिक या प्रतिकी मुद्रा की ज़रुरत भी ज़्यादा से ज़्यादा महसूस होने लगी। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/71aa3-1x-dpk6iffsna4u7sxuj9qg.png)**प्रतिकी मुद्रा :** चीनी और लिडियन लोगों क़े साथ प्राचीन भारतवर्ष क़े लोग धातु से बना हुआ मुद्राओं का इस्तेमाल करनेवाले सबसे पहला इंसान हुआ करता था। ईसापूर्व लगभग छेसौ साल पहले भारतीय समाज में पंच किया हुआ धातव मुद्राएं इस्तेमाल होने का प्रमाण मिला हैं। ऐसे सिक्के सिर्फ वह प्राधिकारी बनवाते थे जिनपर प्रदेश या राज्यों का शाशन का भी अधिकार हुआ करता था। यह अक्सर उस जगह का सम्राट या अधिप होते थे। यह किसी मुद्रा का सबसे ज़्यादा भरोसेमंद और विश्वासयोग्य रूप था एवं सत्रहवाँ सदी तक यूरोप महादेश में भी इस तरह क़े मुद्राएं इस्तेमाल में था। परन्तु मुद्रा क़े इस रूप क़े साथ एक नया जोखिम भी प्राधिकरण को महसूस होने लगा। हम सब ने दिल्ली क़े सुल्तान मुहम्मद-बिन-तुग़लक़ की कहानी सुनी हैं और हमें यह भी पाता चला क़े उनके शाशनकाल में धातव मुद्राओं का क्या हाल हुआ था और उन्हें किस तरह की भयानक बर्बादी का सामना करना पढ़ा था। सुल्तान अधिक मात्रा में सोना और चांदी जुटाने में नाकाम रहे और नतीजन शाशन को मज़बूरी में इन कीमती धातुओं की जगह तांबा और पीतल का इस्तेमाल करना पढ़ा सिक्के बनवाने में। इन सिक्कों की बनावट बहोत ही आसान थी और इनमे कोई सरकारी मुहर भी नहीं लगी होती थी। इस वजय से असाधु और तस्कर वरी आसानी से जाली या नकली सिक्के भरी मात्रा में खुद बनाके बाजार में चलने लगे। देखते देखते कुछ ही दिनों में भयंकर मुद्रास्फीति देखने मिला और आर्थिक हालात भी बेहद बर्बादी की ओर तेज फिसलने लगी। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/0a436-1lcymmdmxjg_n2-nfbcpseq.png)**कागज़ क़े मुद्राएं** : पैसों का प्रचलन और प्रसारण में पहले की नाकामयाबी से सबक मिलने क़े बाद ही कागज़ से बना हुआ मुद्राओं की विचार इंसान क़े दिमाग में जगह लेने लगा। दुनियाभर में अपना साम्राज्यवादी विस्तार करनेवाले ताकतें जो कई अर्थनैतिक ब्यबस्थाओं को एक ही जत्थे में लाएं, उनसे भी इस विचार को जोरदार एक बढ़ावा मिला। कागज़ क़े नोट प्रतिकी या सांकेतिक मुद्राओं का ही एक विकल्प था जो की आगे चलकर ‘Fiat Money’ में बदल गया। Fiat एक लैटिन शब्द हैं जिसका अर्थ ‘इसे करने दो’ (Let it be done)। इस तरह से सरकार या शाशन क़े द्वारा पैसों की एक कीमत तय की गयी एक विज्ञप्ति या वचन क़े ज़रिये, एक प्रबर्तनीय Legal Tender को स्वीकार करके। इससे यह पक्का होता हैं क़े इस लीगल टेंडर मनी को इंकार करके किसी दूसरा किस्म का भुगतान का तरीका अपनाना क़ानूनन जुर्म साबित होता हैं। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/b323f-1_ax2b-c0h7w3g55xst57sa.png)**इलेक्ट्रॉनिक भुगतान :** डिजिटल ज़माने में पैसों के कोई नए और अभिनव तारा के रूप भी प्रचलित हुए। उदहारण के तौर पे कहा जा सकता हैं — मोबाइल मनी और अप्रत्यक्ष एवं आभासी करेंस। इनका उपयोग से रोकड़ा या कॅश की ज़रुरत काफी हद तक लुप्त या रद्द हो जाती हैं। इस तरह के मुद्राओं का प्रचलन से डेबिट व क्रेडिट कार्ड, पेमेंट गेटवे आदि पैसा हस्तांतरण के काम आते है। ![](https://blog.unocoin.com/wp-content/uploads/2022/07/399a8-1deafkehhdujtlmv-khknpa.png)**क्रिप्टोकोर्रेंसी :** मनुष्य की अग्रगति इस बात पे आधारित हैं की एक सिस्टम में समस्याओं को शिनाख्त करो, उनको सुलझाने का उपाय निकालो और उसपर सफलता से अमल करो। इससे पहले उल्लिखित फ़िएट मनी को उपयोग में लाने के लिए एक तीसरा पक्ष या थर्ड पार्टी की ज़रुरत होती हैं जो के अकसर एक फ़ेडरल या केंद्रीय बैंक होता हैं। यह मानबीय भूल त्रुटि और नैतिक या मानवीय सम्बंधित समझौते से परे नहीं हैं। सन 2008 में विश्वव्यापी जो आर्थिक संकट का उदय हुआ था उसके बाद से यह विचार की ‘बैंक इतना बड़ा एक संगठन हैं जिसमे कभी कोई चूक या पतन हो ही नहीं सकता’ — इसपर से लोगों का भरोसा या विश्वास गायब होने लगा। इस मोहभंग व मायूसी से ही सन 2009 में बिटकॉइन की धरना जन्म लेती हैं। इसपर सातोशी नाकामोतो (छद्मनाम) द्वारा क्रिप्टोकोर्रेंसी के वर्णन में लिखित एवं प्रकाशित श्वेतपत्र भी एक गहरा असर डालता हैं। आर्थिक क्षेत्रों में बिटकॉइन की प्रस्तावना अप्रत्यक्ष या वर्चुअल करेंसी की धारणा को अगले स्तर पर ले जाती हैं और इसके साथ ही क्रिप्टोग्राफ़ी नाम का एक नवीनतम व अत्याधुनिक तकनिकी व्यवहार में आता हैं। क्रिप्टोकोर्रेंसी का इस्तेमाल में मुलभुत व प्रमुक रीति (मैकेनिज्म) यह हैं की इसके तमाम सौदे को ब्लॉकचेन नामका एक लेजर पे दर्ज होते हैं, जिसकी पहुँच सिस्टम के सारे यूजर या प्रयोगकर्ता को प्राप्त रहती हैं। विकेन्द्रीकृत एक प्राधिकरण द्वारा निष्पादित यह गतिविधि इस बात की भी प्रतिश्रुति देता हैं की इसके व्यावहार से उपवक्ताओं को ऑनलाइन विनिमय से खर्च होनेवाला रकम से काफी कम शुल्क देना पड़ेगा। आज की तारीख में दुनिया में तीन हज़ार से भी ज़्यादा क्रिप्टोकोर्रेंसी प्रचलन में हैं। पैसों का खेल में आगे रहने के लिए वर्तमान में क्रिप्टोकोर्रेंसी की जानकारी होना बेहद जरूरी हैं। खेल की शुरुआत के लिए आज ही हमारे द्वारा ऑफर किया गया विभिन्न मनोहर कोर्स/प्रोग्राम में से एक को चुने और उसमे एनरोल करें। यह सारे कोर्स हमारे विशेषज्ञ Unoversity नामक एक प्लेटफार्म पर ऑफर करते हैं। **Categories:** Blog --- ### [Behavioural Economics and Cryptocurrency](https://blog.unocoin.com/behavioural-economics-and-cryptocurrency/) **Published:** August 10, 2020 **Author:** Unocoin Growth **Content:** #### How economics became behavioural, why we are not the rational beings we think we are, and how our biases affect our understanding of cryptocurrency ![](https://cdn-images-1.medium.com/max/800/1*7AloOV78amDUGhyzEP5xSw.png)### How economics became behavioural Our instinctive biases always have a major role to play when making decisions in our lives and sometimes even create barriers on our way to objectivity. An economist will tell you that human beings are rational actors and when posed with many choices, they always make the choice which optimises their satisfaction. This is the rational actor model according to which humans are capable of making rational choices by weighing the costs and benefits of all choices available to them. However, this has been challenged and refuted by many behavioural economists who believe that this is not the case as human beings can sometimes make irrational choices as our choices are influenced by various cognitive biases, our emotions and surrounding influences. Behavioural economics often has an impact on the choices that we as consumers make. A famous author might choose to sell his book at Rs 600 but feels that it is expensive for the category he’s marketing it in so he chooses to market it for Rs 800 for the first few weeks and then quickly reduces the price to Rs 600 which would make the people falsely believe that they’ve saved Rs 200 from the original price and encourage them to buy it. This is also relevant in other choices we make in our lives. In the world of finance, many people are slowly making the shift to cryptocurrencies but many are apprehensive of making this shift due to their irrational fears and a lack of knowledge. This is when loss aversion bias, as discussed by Tversky and Kahneman, comes into practice, according to which people prefer avoiding losses by opting for pursuits through which they receive gains. The risk to choose a different path despite having higher returns gets often overridden by our bias to conform, which leads to significant difficulties on the path to usage of cryptocurrencies. > There is also a status quo bias in humans which makes them attach higher value to the things they already possess which leads to them being averse to try new things. A move towards total cryptocurrency transactions would entail a move away from credit card transactions and this ‘loss’ from the traditional method of transactions is also what keeps people from making the transformation. Another bias that comes to play while taking the path to cryptocurrency is the confirmation bias, according to which humans seek, research and interpret information in a way that confirms their inherent biases, So people sometimes see the negative aspects of cryptocurrency which are highlighted by media (suffering from its own set of biases and trying to influence public opinion) such as huge price fall in a specific cryptocurrency and these lead to them remaining in their comfort zones and not taking the leap towards cryptocurrency. Even though Cryptocurrency has become a buzzword everywhere, the use of cryptocurrencies is still not widespread and the awareness of its exact benefits is still quite limited. People still consider digital currencies as being riskier than traditional forms of payment systems. This leads to a risk aversion bias among people and leads to them taking the ‘safer’ path of transitional forms of financial transactions without being aware of the costs or benefits of cryptocurrencies. As a result, more awareness needs to be spread regarding cryptocurrencies for it to become a widespread choice of transaction. This could only be done if more research is undertaken in the field of blockchain technology and cryptocurrencies for people to understand the benefits of cryptocurrency and for it to become more popular in India. **Categories:** Blog --- ### [Cryptocurrency and Data Security](https://blog.unocoin.com/cryptocurrency-and-data-security/) **Published:** August 21, 2020 **Author:** Unocoin Growth **Content:** #### Cryptocurrency is not immune to cyber crimes and we should be every bit as cautious as we are regarding traditional money. But the benefits of cryptocurrency transactions far outweigh these risks and there are robust systems in place to deal with it. ![](https://cdn-images-1.medium.com/max/800/1*9XK2Qj-KzFJUXSjmDk5rfA.png)As discussed in an article earlier, cryptocurrencies could be considered a form of digital money, stored and used online. There are over 3000 numbers of those cryptocurrencies and Bitcoin is only one of them. While discussing Bitcoins, we must remember that Bitcoin transactions are irreversible. They are not controlled or regulated by any centralized authorities like any federal governments or central banks, unlike traditional forms of money or currency. However, cryptocurrency and Bitcoins are exposed to cybercrimes, similar to their counterparts conventional money/regulated currency. All the bitcoin transactions are transparent and available to the public even if the people involved are anonymous. Unlike traditional money, Bitcoins are encrypted and therefore secured by default. There are some risks involved in transacting and handling of cryptocurrencies as they are exposed to various cyber crimes like phishing, malware attack, compromised registration forms, hacked trading platforms, third party applications etc. Due to being unregulated by any government authority or centralized bank of any country, the usage or handling of stolen cryptocurrencies is easier compared to that of conventional money or currency. One glaring example is that it could be used in lieu of ransom money in multiple incidents such as business or corporate ransom. Another threat involved in dealing with cryptocurrency is its high volatility or non-stability which can be demonstrated by the fact that with the absence of regulatory bodies, a $1000 bitcoin can be worth as little as $100 in a matter of days. While being cautious, we should also realise that the benefits of cryptocurrency transactions far outweigh these risks and there are robust systems in place to deal with it. What you should do for providing yourself with a good degree of safety and security, in regard to handling cryptocurrency is by usual precautions like creating a strong password. This password should be protected properly by storing at a safe place, keeping the secrecy of your stock, anonymity, personal transactions, using a good and effective antivirus software. A typical cryptocurrency exchange may be holding thousands of Bitcoins belonging to their users. One should be using Cold Wallet for large volumes of their funds and keeping this cold wallet either offline or on an air-gapped computer which is not connected to the internet. This significantly reduces the possibility of an external hacker gaining access to the exchange’s private key. However, the exchange also needs to take precautions to ensure it does not lose the private keys. Another way to ensure security is by adopting Multisig Wallets. These require more than one key to authorize the transaction. They prevent a single employee in the company from having complete control over the Bitcoins. For such an instance, using a multi-sig wallet would have required additional employees (for example, the CEO and the CFO) to authorize the transaction. These are very effective for corporate usage. One should also go for Penetration Testing at a regular interval. Conduct a regular security assessment of infrastructural setup with the help of ethical hackers. Look for malicious attackers, and ensure that your company identifies and remediate vulnerabilities in the systems. Another way is by adopting a fragmented storage space. Majority of bitcoin breaches have happened on exchanges, hence it is important that the owner moves the Bitcoins from the exchange to a self-controlled wallet. Also, the owner should prefer using multiple wallets with different private keys. Choose wallets with good track records, ensuring proper backup. By keeping these simple steps in mind while dealing with cryptocurrency transactions, one can easily ensure a good degree of data security. For assistance with any cybersecurity services, reach out to Unocoin, today! **Categories:** Blog --- ### [Unodax introduces PAXG Trading](https://blog.unocoin.com/unodax-introduces-paxg-trading/) **Published:** September 8, 2020 **Author:** Unocoin Growth **Content:** PAXG offers a gold-backed cryptocurrency token which is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s gold vaults. ![](https://cdn-images-1.medium.com/max/800/1*tc5W21219vm1QpejHkJ5dA.jpeg)In India, we are no strangers to investing in gold — our reverence for gold goes back centuries in time. We’ve been blessed with reserves of the noble metal in the country, although it is greatly coveted and has been extracted for use by those who could afford it in the form of ornaments, coins and biscuits. The foremost reason people choose to invest in gold is its liquidity, and following it closely is its value appreciation. Popularly called ‘gold bugs’, investors who are exceedingly keen on gold, have long been seen as a minority in the financial world, holding this golden asset as a hedge against disaster. But lately, they have started to look rather wise. This year, gold is one of the best performing among traditional assets — its price just topped $2,000 an ounce for the first time. Seasoned investors and those who dabble in finances, all seem to have been made aware of its virtues. On a popular online trading platform, the number of users in two of its largest gold funds has tripled since January 2020. Historically, the price appreciation of gold is closely linked to inflation and interest rates — gold tends to do well when interest rates fall below the rate of inflation and is thus looked at as a very good measure to counter inflation. Besides, gold appears relatively cheap to investors, given the valuation of stocks well above their long-term average. In the context of things discussed above, let us introduce PAXG, the new and emerging crypto gold recently introduced on the Unodax platform. PAXG offers a gold-backed cryptocurrency token which is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s gold vaults. Launched in September 2019, the fintech company Paxos opted to allow users to own gold with the added benefits of a digital token such as speed and mobility. The instrument is backed by professional gold vaults in London, making PAXG redeemable for physical LBMA accredited gold. Needless to say, the trade-off is that the token is a custodial solution, meaning that purchasing the token is essentially an IOU (I-owe-you) of physical gold, which can be redeemed by London’s gold vaults. Trade and invest in PAXG today, visit our exchange [https://www.unodax.com/exchange/inr/pax](https://www.unodax.com/exchange/inr/paxg)g to trade PAXG. **Categories:** Blog --- ### [Cryptography and Cryptocurrency](https://blog.unocoin.com/cryptography-and-cryptocurrency/) **Published:** October 5, 2020 **Author:** Unocoin Growth **Content:** The weight of cryptocurrency lies in its secure, anonymous and decentralised nature. This is achieved with the support of cryptography. ![](https://blog.unocoin.com/wp-content/uploads/2022/07/bf7c3-1mocgrarsxuzhxpklj4y0tq.jpeg)Cryptography is the means of protecting information and communications through the use of unintelligible text or codes so that only those for whom the information is intended can decrypt, read and process it. The prefix ‘crypto’ means ‘hidden, secret’ and the suffix ‘graphy’ refers to handwriting. In computer science, cryptography uses mathematical concepts of calculations, called algorithms, which are based on rules to transform messages into codes. Cryptography has been in use for a long time — the most famous example of its use being that during wartime, when lives of peoples from entire nations depended on obscuring and protecting information. But modern cryptography is used in many applications like banking transaction cards, computer passwords and e-commerce transactions. In its current avatar, it is based on the following key principles: - Data Confidentiality: Information can not be decrypted or understood by anyone. - Data Integrity: The information, once transformed into codes, can not be altered. - Authenticity: Sender and receiver can each confirm the same information - Non-repudiation: Sender can not deny his/her intentions in the transmission of the information at a later stage. There are three kinds of cryptographic techniques: symmetric key cryptography, hash functions and public-key cryptography. The third technique, public-key cryptography, is what is employed in cryptocurrency, putting the ‘crypto’ in cryptocurrency. The weight of cryptocurrency lies in its secure, anonymous and decentralised nature. What makes it truly democratic is its peer-to-peer architecture within which individuals can transfer funds and other digital assets without the intervention of a central authority. The system is thus supported on public-key cryptography — which helps secure transactions, control the creation of additional units and verify the transfer of assets. In public-key cryptography, the user is given a public and a private key. Both keys are encrypted and take the form of a random combination of numbers and letters. Each combination runs to a length of about 30 characters long and looks something like this: YHUjghH6Jk98d3B4NW0234lWP34PP0. The public key gives users on the cryptocurrency network an address to send money to. The holder of the account has a private key to unlock the public key and receive the money sent to him/her. This implies that only the one who knows the private key can unlock the public key. On the web, the browser contacts the server to get a public key from it. The private key is only stored on that server but the data cannot be decrypted to read what it is while it is travelling through routers or internet service providers. Only the encrypted data reaches the server before it decrypts it to decipher the contents and process it. Another cryptography method which cryptocurrency depends on is called Hashing — a method used to verify the integrity of data of transactions on the network. Every transaction conducted on the blockchain is encapsulated with a Hash. It maintains the structure of the data, encodes people’s account addresses, is central to encrypting transactions that occur between accounts and supports block mining. The cryptography process is further buttressed by the use of digital signatures — required by genuine parties to prove their identities to the network. Since these networks run outside the jurisdiction of central banks, anonymity and concealment are a key aspect of cryptocurrencies. Cryptographic techniques make sure that all participants, as well as their actions remain encoded and that no foreign entity can tamper with these fool-proof codes that carry vital information. **Categories:** Blog --- ### [What is EOS and why you should know about it](https://blog.unocoin.com/what-is-eos-and-why-you-should-know-about-it/) **Published:** October 13, 2020 **Author:** Unocoin Growth **Content:** #### EOS is a programmable blockchain run on smart contracts. It is known for its unique approach to solving usability and scalability problems associated with older cryptocurrency platforms. Read on to know the salient features of EOS. ![](https://cdn-images-1.medium.com/max/800/1*Y0yntIAW081WIU5JqidKNg.jpeg)Before we delve into EOS, let’s talk about smart contracts. A smart contract is a computer program which is designed to automatically execute, control or document relevant events and actions following the clauses of a contract or an agreement. A smart contract is a great method to reduce the need for intermediaries or third parties, fraud losses and remove the threat of malicious activities. It executes itself with the terms of the agreement between the buyer and the seller which are written directly into the lines of codes! These codes contained in the lines exist and are validated across a decentralised blockchain network and powered by peer-to-peer use. > In simple terms, a smart contract is a contract for our times. Now let’s come back to EOS — EOS is a programmable blockchain run on smart contracts. It is known for its unique approach to solving usability and scalability problems associated with older cryptocurrency platforms. Here are some salient features of EOS: #### Delegated Proof of Stake In the Proof of Stake algorithm, there is a predetermined number of miners called delegates. In EOS, there are 21 delegates who secure the network. Each person who stakes a token can participate in the “mintage” process — which means that they get a chance to take action to validate the block and get rewarded for adding blocks to the blockchain. #### Free transactions Normally, when a user wants to conduct a transaction over the cryptocurrency network, she is charged a fee. But in the case of EOS, transactions are free of charge. This is one of the features that sets EOS apart from the others, although there is a caveat — when too many transactions are flooding the network, EOS enters congestion mode, which increases the requirement of staked amounts. #### Storage Apart from producing blocks, delegates also provide decentralised network storage for EOS. The user’s token holdings determine the storage she will be able to use on the network. More tokens allow for more storage, and as such the delegate has the power to decide how much storage she is willing to provide to the network. #### Account Management EOS, unlike other tokens, as an in-built account management system. It is similar to a Bitcoin address but comes with human-readable identifiers. But human-readable names inevitably come with risks — to counter those, EOS also offers an integrated key recovery system whereby users have the ability to restore their accounts in case of theft. To sum it all up, EOS comes with a tall promise — to be able to process millions of transactions per second on its decentralised blockchain which can process fast and free transactions. EOS’s Initial Coin Offering is still going and it has already raised an equivalent of over $1 Billion, which makes it one of the most successful ICOs of all time. Learn more about EOS on our platform, and try a hand on this new and promising blockchain network. Click here: **Categories:** Blog --- ### [The Economics of Bitcoin](https://blog.unocoin.com/the-economics-of-bitcoin/) **Published:** October 21, 2020 **Author:** Unocoin Growth **Content:** #### The foremost of cryptocurrencies, Bitcoin has created accidental millionaires and has seen investors gone bust. Let’s explore the economics of Bitcoin. ![](https://cdn-images-1.medium.com/max/800/1*gzZMBdaHx-Qxp6hiaNxafg.jpeg)Bitcoin is a digital asset designed to work as a currency. The foremost of cryptocurrencies, it is commonly referred to as digital cash, virtual currency, electronic currency or digital gold. Bitcoin has brought with itself numerous benefits — it has eliminated the need to rely on a central authority for transactions, offered privacy and a widely accessible medium of exchange. But it also has its fair share of shortcomings — volatility, limited adoption, network speed and transaction costs. **The difficulty of mining Bitcoin** Bitcoin is supported by blockchain technology, devised by the creator of Bitcoin, Satoshi Nakamoto. The simple technology of blockchain is bringing upon a revolution far beyond money — information shared on the network is shared and exists as a constantly updated database which isn’t stored in a single location, but everywhere. Since Bitcoins are not regulated or controlled by a central bank or government institution, it is not distributed like paper money but ‘mined’. It is important to remember that the supply of Bitcoin is limited to 21 million. In the process of ‘mining’, recent transactions are compiled into ‘blocks’ and the participant gets to place the next block on the blockchain and claim the rewards. With each mined block, there is an amount of new Bitcoin released called ‘block reward’. The block rewards halve every four years and will continue to fall, until all 21 million Bitcoins are mined, which is predicted to take place by 2140. **Why are Bitcoins limited in supply?** Bitcoin was designed with a ‘hard cap’ of 21 million and this design is immutable and plays a monumental role in determining the value of cryptocurrency. This can be broken down in three parts: **Circulating Supply** — This refers to the coins that are available at the moment — coins that are in circulation or actively held. **Total Supply** — This refers to the sum total of coins, that may or may not be in circulation at the moment. **Maximum Supply** — This refers to the hard cap and fixes the maximum number of coins that will be in existence. The exact reason why it was capped at 21 million coins is obscure, but there are solid explanations that explain why. Economically speaking, as the currency is infinitely divisible, the precise amount of coins doesn’t matter as long as there is a ceiling to it and it remans fixed universally. The important aspect is not the number of Bitcoins, but in the process of mining and the salient features of the cryptocurrency that will keep it relevant even after the last Bitcoin is mined is the transaction fees. A ‘transaction fee’ is awarded to Bitcoin miners along with Bitcoins. Thus, when there remain no Bitcoins to be mined, the rewards will be earned in the form of transaction fees per block, which are bound to keep it afloat. This process will substantially reduce the number of Bitcoin miners in the market — but it is projected that people will be willing to pay more to get their transactions confirmed faster. **Categories:** Blog --- ### [Are Cryptocurrencies Legal in India?](https://blog.unocoin.com/are-cryptocurrencies-legal-in-india/) **Published:** October 26, 2020 **Author:** Unocoin Growth **Content:** If we are to let good sense prevail, our legal system is likely to work out a framework for increased regulatory clarity around cryptocurrencies. We are doubtless looking at the ascent of crypto activity in India with a more enthusiastic nod from the center. ![](https://cdn-images-1.medium.com/max/800/1*t6jOWaimLB0VRYNho-3EsA.jpeg)Although there is no straightforward answer to this question, we can be certain that cryptocurrencies are **not illegal** in India. They are, however, frowned upon by the central bank in the country, The Reserve Bank of India. And the RBI isn’t the only central bank which is at odds with cryptocurrencies — let’s take a look at how various countries around the world have responded to the entry of Bitcoin and other cryptocurrencies into the financial system. There has been a common action across global discourse around cryptocurrencies. Governments have warned their citizens about the pitfalls of investing in cryptocurrency markets. This was at large to remind stakeholders to make the distinction between fiat currencies issued and guaranteed by the state and cryptocurrencies that fall outside their authority. There is also high volatility associated with cryptocurrencies and all transactions or investments are ultimately at personal risk and very little legal recourse is available in the event of a loss. This is not to say that it is impossible for fiat currency and central banking systems to develop flaws — for all those who remember, 2020 saw the Yes Bank crisis which put its users at an inconvenience. RBI’s decision to cap withdrawals at Rs. 50,000 caused panic among the general public and deposit holders in Yes Bank. > We must bear in mind that at its genesis, Bitcoin was formulated as a result of disillusionment with the conventional banking system which had failed its users, especially following the 2008 global meltdown. In 2009, a pseudonymous person or entity called Satoshi Nakamoto published the white paper on Bitcoin, bringing into use and common parlance a system of transacting money on a decentralized, peer-to-peer network supported on a technology called cryptography. In the past few years, cryptocurrencies have become ubiquitous, causing national and regional authorities to grapple with their regulations. Countries around the world have responded variously — from banning citizens from engaging in any crypto activities to developing their own system of cryptocurrencies. Algeria, Bolivia, Nepal, Pakistan, Morocco and Vietnam, for example, ban all activities involving cryptocurrencies. But some, while not recognising Bitcoin or other cryptocurrencies as legal tenders, see potential in the technology behind it. Spain, Luxembourg and Belarus, for example, have developed a crypto-friendly regulatory regime as a means to attract investment in tech companies which thrive in this sector. Qatar and Bahrain bar their citizens from engaging in crypto activity locally but allow them to do outside beyond their borders. Countries like Bangladesh, Iran, China and Thailand do not bar their citizens but pose indirect restrictions to regulate crypto-trading. Here’s a chronology of India’s regulatory evolution with respect to cryptocurrencies. #### 2013 - Unocoin is founded - The Reserve Bank of India cautions users, holders and traders of virtual currencies (VCs) about potential financial, operational, legal, customer protection and security related risks that they were exposing themselves to in its press release dated December 24, 2013. #### 2017 - The Special Secretary of Economic Affairs forms a committee to suggest ways of dealing with the potential AML/CFT and consumer protection issues related to cryptocurrencies. #### 2018 - Notice from RBI on 6th April restricts banks and financial institutions from providing accounts or other banking services to individuals or entities dealing with crypto assets like Bitcoin. - In October 2018, Unocoin decides to move ahead in installing Kiosk machines across metropolitan cities and continue expanding to Tier-II cities that would enable cash collection and cash deposition for customers. #### 2020 - On 4th March 2020, the Supreme Court quashed an order by the RBI banning financial services firms from trading in virtual currency or cryptocurrency - The Government of India is reportedly discussing a regulatory framework for cryptocurrencies with the Central Bank, the RBI and the Securities and Exchange Board of India (SEBI). Cryptocurrency as a medium of payment is not recognised under Indian law, and specific regulations governing virtual currencies are yet to be fully fleshed out in the country. The RBI, however, hasn’t declared dealing in cryptocurrencies as illegal and nor can it maintain the ban on financial services firms from trading in virtual currencies. There are thus a few entities in India which offer Bitcoin exchange platforms which enable millions of users to buy, sell, store, use and accept Bitcoins, such as Unocoin, Zebpay and WazirX. #### What comes next for the regulatory framework around cryptocurrencies? With reports of the Indian economy having shrunk by 25.5% in the first quarter of this fiscal year, we can hardly afford to pull the plug on cryptocurrencies, which have the potential to enable social and economic growth throughout the world, including India, by offering easy access to capital and financial services. Moreover, earlier this year, as Vatsal Gaur has argued in the YourStory piece “Why the Government should regulate and not ban cryptocurrency”, banning cryptocurrency would negatively impact early-stage startups from raising funds. An Initial Coin Offering (ICO) is one way for early-stage startups to raise funds. The center is evidently aware of this and there has been progress since the Supreme Court’s decision in March 2020. The Government of India is reportedly discussing a regulatory framework for cryptocurrencies with the Central Bank, the RBI and the Securities and Exchange Board of India (SEBI). If we are to let good sense prevail, our legal system is likely to work out a framework for increased regulatory clarity around cryptocurrencies. We are doubtless looking at the ascent of crypto activity in India with a more enthusiastic nod from the center. **Categories:** Blog --- ### [A Conversation with Max Keiser](https://blog.unocoin.com/a-conversation-with-max-keiser/) **Published:** November 2, 2020 **Author:** Unocoin Growth **Content:** In one of the notable crypto events of the year, American broadcaster, financial pundit and champion of unorthodox economic theories Max Keiser was in conversation with cofounder at Unocoin, Sunny Ray. Read an extract of their fascinating conversation. ![](https://cdn-images-1.medium.com/max/800/1*F0V5gIe3JgkrxPUdWyMN9A.jpeg)The two speakers revisited the journey of Bitcoin since its invention in 2009. It is no coincidence that Bitcoin’s year of birth is the same as that of the show Keiser Report — Keiser was an early Bitcoin convert and used the opportunity to inform his viewership of its benefits and the perils of depending on central banks, thereby contributing to Bitcoin’s popularity. Let’s explore two key questions with Sunny Ray. The Story of Keiser Report and Bitcoin: > Back in 2011, we were already doing Keiser Report for a couple of years — mostly doing gold; we had featured a lot of heterodox thinkers and gold people and alternative economic schools and were focusing on banks, which were massively uncredible and causing a lot of problems. We were introduced to Bitcoin in 2011 and I saw it as gold 2.0 or digital gold and that it solved the problem of digital scarcity. Now, creating digital scarcity is hard to do and so we started getting involved. Keiser goes out to 100 countries, and in every corner of the world they were hearing about it. They got curious, started going down the rabbit hole and suddenly you have probably several 100 thousand Bitcoin millionaires that we’ve created and it’s not hard to do that if you start buying at a dollar. This carried us all the way through to the present. We’ve witnessed every single major development in Bitcoin since then, particularly in 2017 when the block wars was probably the final major chapter before Bitcoin started to run away with the entire market. > Bitcoin, in my view, around block 300,000 became self-aware. The genesis block was sent to us by a ‘divine entity’ and it’s pulling humanity away from fiat money, which, if left unchecked will send us into extinction. It’s not clear at the moment that we will not become extinct even now, but with Bitcoin, there is a possibility that we won’t become extinct and that certainly is a healthier outcome. It does this by replacing fiat currency with scarcity — and it’s the only thing in the universe which has this quality of absolute scarcity. Which means, that by doing so, you’re defunding war, you’re defunding fraud, central banks, wall street, you’re defunding all the failed economic schools such as Keynesianism, greed, the ego and lots of stuff and you’re funding love, peace, community, sustainability, and that’s the transition. We’re going from being a nearly extinct species to getting a reprieve! — Max Keiser Bitcoin and Digital Scarcity: > Digital scarcity goes back to the 90s. You had the internet come along, and then came games, and games attempted to create digital scarcity with game pieces and other aspects like magic swords, or magic potions, and those ended up being traded on a secondary market like eBay. Someone would sell their magic potion on eBay and someone would buy that and use it in a game for a jump ahead in winning the game. ‘Second Life’ had their own virtual exchange, called the Linden Dollar, which was traded independently in the game for a value. You already had distributable digitally scarce files or objects. But they weren’t transferable, for example you couldn’t go to a Deli and buy a sandwich with a magical digital sword, even though on eBay it might be worth 10 or 20 bucks. The guy in the Deli won’t accept it — you can’t reasonably have an expectation that the operators of the game won’t increase the number of digital swords, even if they say they wouldn’t. They’re centralised, they could get hacked, the owners could flake out — there’s no real guarantee that they will be absolutely scarce. It’s not going to crossover to the general economy. It’ll be a novelty on eBay. But you’re still in that gaming environment. But the thing about Second Life in Linden Dollars is that people would migrate to Second Life and they would live in Second Life and use the Linden Dollar as their currency. But the question was, could you use virtual currency in life outside of the game? That’s what Bitcoin does: it takes the gaming currency and makes it useful outside of it, because it has distributable absolute scarcity which is unique and it’s an invention in 2009. It’s the only absolutely scarce money that we have. — Max Keiser That’s about the genesis of Bitcoin, but what about the present day? Unfazed by short-term volatility, Keiser believes that the largest cryptocurrency was “equally as attractive” in the present day as it was at the time of its original prediction. To listen to the rest of the conversation, head to and immerse yourself in the chat! **Categories:** Blog --- ### [Bitcoin Faucets and How They Work](https://blog.unocoin.com/bitcoin-faucets-and-how-they-work/) **Published:** November 12, 2020 **Author:** Unocoin Growth **Content:** #### **Bitcoin Faucets** are sites that reward users with satoshis for completing a small task. It is a simple way to get **free bitcoin**, but the catch here is that you don’t receive a lot of it. Learn more in this blog. ![](https://cdn-images-1.medium.com/max/800/1*CV4kREnN2UHDv2325XIs3w.jpeg)Given all the headlines it has made this year, you probably know about Bitcoin and its workings, and perhaps wonder if now is a good time to dip your toes into cryptocurrency. However, investments come with market risks, and going down rabbit holes on Google may not be very helpful when it comes to financial decisions. But what if you were rewarded small amounts of Bitcoin and dabble in them without mining? Enter Faucets — Bitcoin faucets or cryptocurrency faucets are small amounts of cryptocurrencies that some websites provide as a reward for completing specific tasks. Users can access or distribute cryptocurrencies without mining. These tasks can range from completing a captcha to viewing ads or clicking on links. The rewards are relatively small and thus called faucets, similar to water dripping from a faucet. Only in this case, it’s a small amount of **cryptocurrency** that is dripping in your cryptocurrency wallet. **Bitcoin faucets** are sites that reward users with satoshis for completing a small task. It is a simple way to get **free bitcoin**, but the catch here is that you don’t receive a lot of it. To understand this, let’s first understand the term ‘satoshi’ — it is named after the inventor of Bitcoin, Satoshi Nakamoto, and is used to describe the reward that a user gets. A **satoshi** is one hundred millionth of a bitcoin or BTC, or equal to 0.000000001 BTC. Now it may not seem like much, but it is very helpful for those who want to get into bitcoin trading. It’s a fairly simple way of knowing how the exchange or trading of bitcoin (BTC) works without involving risks. #### ***Bitcoin faucet — Origin and purpose*** Bitcoin is a buzzword in today’s world, but that was not the case in 2009 when Satoshi Nakamoto created a decentralized form of a currency run by crypto enthusiasts in a network dedicated to it. With all the special features, such as the absence of central authority or the ease of accessing it anytime the user wants, the major hurdle was that there was no exchange or marketplace for it. One could mine them or buy it from someone who had BTC, but there was no major use for it at the time. To tackle this problem, in 2010, a man named Gavin Anderson came up with the idea that is now known as **Bitcoin faucet**. The idea was fairly straightforward — any visitor to the website would have to complete a simple task like completing a captcha and get a 5 BTC reward in exchange for it. Its purpose was to make Bitcoin cash more popular and foster a mass adoption of cryptocurrency and bitcoin networks. By the end of 2012, more than 19,500 BTC were distributed to the users that visited these websites, and for the first time in history, BTC gained traction and saw a spike in its price. Satoshi also praised this ingenious idea of Gavin Anderson and because it proved profitable for all parties, more websites started doing the same. #### ***Micro wallets*** A micro wallet is much like a traditional bitcoin wallet, but it also allows a user to collect small amounts of bitcoins before transferring it to their own wallet. But why not use a traditional bitcoin wallet in place of a micro wallet? It is because if a user directly links the traditional bitcoin wallet to the faucet, the fees that would be charged for it would eventually cancel out the bitcoin earned from the faucet. Besides this, another advantage of a micro wallet is that there are no extra steps nor any process to get a micro wallet. Micro wallets are automatically created when someone creates an account with the **bitcoin faucet** website. Although the micro wallet is free, there is a limit to storage that ranges from 5000 to 10,000 Satoshis. When the limit is reached, the satoshis will be paid out to the user’s main bitcoin wallet, with the help of applications. There are many **bitcoin faucet** websites or applications available on the internet but below given is a list of some of the best bitcoin faucets: **Coinpayu.com** — It is one of the highest paying faucets available for getting free bitcoin today. By completing a task or viewing advertisements, a user can earn up to 10,000 satoshis. This website also provides an affiliate program where a user can invite new users and have a passive bitcoin income. ![](https://cdn-images-1.medium.com/max/800/1*wYYIKz7r3Qe5IlfUPYqSDw.png)**Bitfun —** Bitfun is a great option for users who are passionate about gaming or like to play games. It is a simple way of earning free bitcoin by signing up for online games. **Moon Bitcoin** — Moon Bitcoin is one of the most famous **bitcoin faucet** options available to users. It provides instant payouts and is popular due to its history of consistent and high payouts. ![](https://cdn-images-1.medium.com/max/600/1*FwiSnqDb0sloA7NDwwroWw.png)![](https://cdn-images-1.medium.com/max/600/1*IOAtZJ5WtVxLlk-_-xJ6RA.png)![](https://cdn-images-1.medium.com/max/600/1*CS4oZrm_bxYKkKVQ5Z8O4w.png)![](https://cdn-images-1.medium.com/max/600/1*4W9fXwE9Wbkp7m7pfdPbxw.png)**Bonus Bitcoins** — Bonus Bitcoins is one of the best instant payout faucets that are available on the internet and is completely free. It pays out up to a range of 5000 satoshis every 15 minutes. It also provides users to earn a 50% commission by using affiliate links to invite friends. **Cointiply** — Cointiply is one of the highest paying bitcoin faucets available on the internet. A user can win up to thousands of satoshis daily. It also provides a 25% commission on the referral program that it provides. #### ***Frequently Answered Questions (FAQs)*** **How do I get Bitcoin for free?** A user can use bitcoin faucets to get bitcoins for free. **Bitcoin faucets** are websites or applications that reward users with satoshi for completing a small task. It is a simple way to get **free bitcoin**. Some popular websites for bitcoin faucets are Moon bitcoin, bitfun, etc. **How many satoshis are in bitcoin?** Satoshi is the reward that users get when they complete a task on a **bitcoin faucet**. A satoshi is one hundred millionth of a bitcoin or BTC and can also be represented as one satoshi = 0.000000001 BTC **Are bitcoin faucets profitable?** In general, for **bitcoin faucet**s to become profitable for a user, they have to be used a dozen times. But one of the crucial advantages it brings to the user is a way of knowing how trading of bitcoin (BTC) works without the associated risk. **Is BTC faucet real?** It is indeed real and provides users an opportunity to earn free bitcoin by completing a simple task and also allows users to understand the trading of bitcoin without the risk involved. > Now that you know about Bitcoin Faucets, and have found a way to dabble in cryptocurrency droplets, consider stepping your crypto journey up a notch and sign up for a real wallet on Unocoin. We enable millions of Indians to trade and invest in Bitcoin, Ethereum and Tether in a safe and secure manner. Explore more on > our website: **Categories:** Blog --- ### [Bitcoin Stories with Jameson Lopp: Sovereignty and Self-custody](https://blog.unocoin.com/bitcoin-stories-with-jameson-lopp-sovereignty-and-self-custody/) **Published:** November 16, 2020 **Author:** Unocoin Growth **Content:** Self-custody system and nodes — this is usually where the user starts getting into the tech nitty-gritty of the system and this can doubtless turn a lot of us off. In this conversation, Jameson Lopp and Sunny Ray simplify it for us. ![](https://cdn-images-1.medium.com/max/800/1*mxrdCivJDzH2sQ5QCh7kPw.jpeg)In yet another fascinating conversation, Unocoin co-founder **Sunny Ray** explored Bitcoin and its workings with founder of Casa, **Jameson Lopp**. Lopp has been working passionately in the crypto space for a while — he had first become interested as a hobbyist 8 years ago. He then started building open-source projects to understand Bitcoin better, and decided to launch himself into the space full time in 2015. “Since then,” he said, “I have focused on a simple problem which continues to persist in this space: how to make it easier for people to manage their private keys, how do we continue to push forward the fulfilment of Bitcoin’s promise of being your own bank.” #### Bitcoin and the Tech Jargon: One of the major barriers to adopting Bitcoin has been the tendency to relegate its design, management and thorough understanding to people who are technical, or people who are willing to spend a lot of resources and time trying to learn how to use it. “If we need to stay decentralised, we need to keep identifying the pain points around key management,” quipped Lopp. #### Money and Power: Perhaps one of the key reasons Lopp got into Bitcoin in the first place was because money “as an abstract concept should not be something that is dictated by a small group of people”. Money as an open-source project fundamentally made sense to him, like many others, and emerged as humanity’s best hope in making a more fairer type of monetary system. > “You don’t want to have a few people controlling it (money) at their own whim and to their own benefit.” In this context, Bitcoin has been a viable alternative and has largely delivered on the promise of being an open project where anyone “who really cares can contribute”. #### Self-custody System: Moving away from fiat currency, the decentralised, peer-to-peer architecture of Bitcoin firmly places power and autonomy in the hands of the individual user. But there are problems that endure, as they would in any new system which was founded to improve upon an existing one: How do we prevent it from sliding back towards what the current financial system is like? > “In order to keep the power as decentralised as possible, we need to empower the individual. And for the individuals to be empowered, they need to be able to take control of the ultimate security model of Bitcoin — which is commonly referred to as ‘trustlessness’ and ‘permissionlessness’. What I really see is that you are running your own software and using your own hardware to verify the entire state of the system and are in control of your private keys. You are not having to ask anyone for permission to use your money and not having to trust a third party that your money is actually there. You need to have your own self-custody system, preferably be running your own fully validating node.” #### Simplifying the System: Self-custody system and nodes — this is usually where the user starts getting into the technical nitty-gritty of the system and this can doubtless turn a lot of people off. The average user looks for a simple, time-efficient experience which requires the least effort possible. There stands, however, a vital pinch point here, as Lopp explained: “Now we get into the whole issue of the spectrum of convenience v/s security v/s privacy. The freedom of a system like this is that people should be able to choose to trade off security or privacy for convenience.” But in the very least, he said, we should try to lower the bar as much as possible to get into a high security posture. > “Hopefully the lower the bar, the more people will opt into a better security environment and the result of all these different individuals opting into that is that we make the system stronger and more resilient.” #### How is Casa helping people and giving them sovereignty? Lopp explained how money is essentially a time storage to most people who hold it. “Before, I used to think that money could be used to buy things, but what I find interesting is the ability that money gives you to buy other people’s time.” It is this vision that Lopp brings to Casa and empowers the individual using the skill he knows best as a Bitcoin engineer — coding. > “What I think of code is a manifestation of a single, small, tiny part of myself. When I write a certain script, a certain function or even architecting a complex piece of code, what I am doing is projecting my will into reality. I have thought of something that I want to happen, and also preferably want for other people to have that happen, I turn it into code, I test it. There will of course be maintenance required but once I have deployed that code, it is running 24/7 with very little overheads required.” #### Bitcoin and Transaction Costs: Lopp shared his views on the transaction costs around using Bitcoin and how they might be counterproductive to bringing convenience to its users: > “It is important that we come to some sort of consensus around how much it should actually cost for people to be able to transact on the blockchain — if it’s too costly to transact on chain, then it will be too costly for people to move their funds off of trusted third parties and into self-custody. This is a very complicated aspect — we are confronted with issues of how much it costs to fully validate the whole system and run a full node. It can’t be zero-cost because then the blockchain data blows up and it becomes too expensive to validate, but on the other hand, if it costs hundreds of dollars to withdraw your money and put it into your own wallet, that’s going to prevent a lot of people from doing it. Second layer solutions can get us there but it’s fundamentally impossible for a second layer solution to ever be as secure as a base layer solution. As it stands right now, I don’t foresee people holding their life’s savings in a second layer solution.” Get in touch with us and start your journey to self-custody and sovereignty with Unocoin today: **Categories:** Blog --- ### [The Ultimate Guide to Invest in Bitcoin in India](https://blog.unocoin.com/the-ultimate-guide-to-invest-in-bitcoin-in-india/) **Published:** November 25, 2020 **Author:** Unocoin Growth **Content:** #### It is hard to resist the Bitcoin tide, but uncertainties around bitcoin investment are many. Here’s our guide on how to invest in bitcoin in India. ![](https://cdn-images-1.medium.com/max/800/1*6Oah5rG_33-prq2GP0PhTw.jpeg)Bitcoin Investments in India: A GuideSince the inception of Bitcoin in the year 2009, **Bitcoin investments** have become popular and are now a proven way to safeguard your money and diversify your investment portfolio. Bitcoin has become the leading **virtual currency** due to its independent nature — the investments or returns are not affected by market inflation or geopolitical uncertainty. If you are uncertain about how to proceed with **Bitcoin investments**, here is a singular guide on **how to invest in Bitcoins in India!** ### What is Bitcoin? Bitcoin is a new currency that was created by an unknown person or a group of people under the pseudonym **Satoshi Nakamoto**. It is a form of virtual currency that is accessible around the world without the intervention of a bank or an administrator. It can be traded from user to user on the Bitcoin network without intermediaries or mediators, unlike the stock exchange. Instead, transactions are verified by a series of network nodes through cryptography and recorded in a publicly distributed ledger called the Blockchain. Bitcoins are also awarded to people who invest in the process of cryptocurrency mining. ### What are the different ways to buy Bitcoin in India? Here are some ways in which one can invest in Bitcoins in India: - **Through a cryptocurrency exchange**: Similar to share markets where you can buy and sell shares, a **cryptocurrency exchange** is where you can buy and sell various cryptocurrencies like Bitcoins, Ripple, etc. Buying Bitcoin from the **cryptocurrency exchange** is the easiest possible way to invest in Bitcoin. All you need to do is open an account with any of the **crypto exchanges**, transfer money into the INR wallet provided by them, and use the exchange platform to **buy** and **sell Bitcoin**. These **crypto exchange** platforms charge a nominal amount as a transaction fee. - **Through P2P Transaction: Bitcoin investments** can be made in a P2P \[person to person\] method of transaction. In P2P transactions, the **trading platform** acts as a facilitator by helping you find a person to trade with, and then it’s upon you to close the transaction. There is, however, a small caveat in this process — depending upon the facilitator you choose, they may or may not hold the Bitcoins until the transaction is completed. This process generally involves no transaction fee, but sometimes service providers charge about 1% transaction fee. - **Get Bitcoins Through Mining**: You can also collect Bitcoin through mining. Cryptocurrency mining is a process where you are rewarded with Bitcoin for the successful addition of a block into the blockchain. Bitcoin mining involves two different tasks. Firstly, you need to verify the past Bitcoin transactions that have already taken place. The file size of the Bitcoin blockchain is a whopping 302 gigabytes today, which needs to be verified and this forms the pre-requisite for the next task. Then, you need to solve a complex mathematical problem so that the block of verified Bitcoin transactions can be added successfully to the existing blockchain. When you complete both the tasks successfully and if you are lucky enough to be the first person in the world to solve the mathematical problem, then you are awarded Bitcoin for the efforts you have put in. However, it is more complex than it sounds — an ordinary laptop can’t complete both tasks. You need ASIC (Application Specific Integrated Circuits) computers or supercomputers dedicated to Bitcoin mining and it usually entails a huge consumption of electricity to mine Bitcoins, which can get difficult and expensive. ### What are the legal procedures to buy Bitcoins? There are multiple ways for **Bitcoin Investments**, but since it’s a **virtual currency,** there are chances of getting duped. Here are the known legal ways to buy Bitcoin. 1. **Bitcoin Investments** can be made through a facilitator like Unocoin, CoinDCX, WazirX, etc. 2. By using a Bitcoin ATM, traders can withdraw and deposit in these ATMs, which means you can **buy** and **sell bitcoins** legally. Bitcoin ATMs are not there in India yet. 3. Transacting through a person-to-person (P2P) directory is the one another way to trade bitcoins. ### Is Bitcoin the best currency? Since Jan 3, 2009, when the first Bitcoin was mined, it has appreciated over 320 million times, which in fact makes it the best currency in the last 1200 years. The world’s oldest currency, the British Pound Sterling, which was being used since the year 927, has appreciated only about 16 thousand times since then. When compared to currencies around the world and the rate of appreciation since their inception, Bitcoin, without a doubt, rules the chart and is arguably the best currency in the world. **How to buy Bitcoins using Unocoin?** Unocoin is a leading **crypto exchange** platform in India that helps its customers to buy and sell multiple cryptocurrencies. To buy a Bitcoin using Unocoin: 1. Download the Unocoin App on your smartphone or log into the website. 2. Sign up and verify your documents on the platform. Upon inspection, Unocoin agents will call you for verification. 3. After that, you can transfer money from your bank account to your Unocoin wallet. You can buy the bitcoin by using the Unocoin wallet. 4. Until you buy, you will always have an option to transfer your money back to your bank account from the wallet and close the application. It’s that simple! ### Frequently Asked Questions 1. **How can I buy Bitcoin in India in 2020?** There are three different ways to buy bitcoins in India; the easiest and most viable one is to buy from a crypto exchange platform like Unocoin. This **trading platform** ensures complete user security, and it is the best platform to trade in India. 2. **Is Bitcoin taxable in India?** Bitcoins are relatively new to India, and there are no proper rules regarding the taxation of bitcoins. But the income earned from Bitcoin is treated as a normal source of income or capital gains depending on the frequency of trade, and hence it is taxed by the Income Tax Department of India. 3. **Where can I buy Bitcoin in India?** Bitcoin can be purchased from various **cryptocurrency exchange** platforms like Unocoin, Zebpay, CoinDCX, etc. However, choosing the best platform is the real task. Most users prefer Unocoin for its amazing interface, and for ease of doing transactions. > Now that you know where to invest in Bitcoins in India, consider stepping your crypto journey up a notch and sign up for a wallet on Unocoin. We enable millions of Indians to trade and invest in Bitcoin, Ethereum and Tether in a safe and secure manner. Explore more on our website: **Categories:** Blog --- ### [Disrupting Old Economic Models and Self-Responsibility: A conversation with Anthony Di Iorio](https://blog.unocoin.com/disrupting-old-economic-models-and-self-responsibility-a-conversation-with-anthony-di-iorio/) **Published:** November 26, 2020 **Author:** Unocoin Growth **Content:** #### As part of **Bitcoin Stories**, **Sunny Ray**, co-founder and president of **Unocoin**, interviewed Anthony Di Iorio and the two spoke about personal responsibility, money and creating a positive impact on the world. The story of Anthony Di Iorio is rich, and in this article, we bring you some golden nuggets from the conversation. ![](https://cdn-images-1.medium.com/max/800/1*bWQwk19wyH3fhw0XEQgtBg.jpeg)**Anthony Di Iorio** may have worn several hats in his life — entrepreneur, orator, ideological leader, mentor and manager of meetings in the realm of decentralised technologies. But what he is best known for is co-founding **Ethereum**, the most actively used blockchain in the world and the second-largest cryptocurrency, right after **Bitcoin**. As part of **Bitcoin Stories**, **Sunny Ray**, co-founder and president at **Unocoin**, interviewed Anthony Di Iorio and the two spoke about personal responsibility, money and creating a positive impact on the world. The story of Anthony Di Iorio is rich, and in this article, we bring you some golden nuggets from the conversation. “Although I studied marketing, I soon realised that I wasn’t a fan of marketing. I always felt that marketing is trying to push something even if you don’t believe in it and trying to get you to buy something. And I thought I had to believe in something to be able to sell it,” said Di Iorio, explaining the beginning of the end of his marketing career. He then went on to participate in his family business for sometime before he got interested in the concept of money and started watching YouTube videos on the history of money. Egged on by his learnings and curious about the recent housing and financial crisis in the US, he delved into the study of economics and stumbled upon videos of **Peter Schiff**. #### On Disrupting Old Models of Economics and the first Bitcoin Event in Canada: > “This is where I started learning about the **Contrarian model of economics** as opposed to the **Keynesian economic model**. I started digging into ideas of liberty, personal freedom, which coincided with my feeling of not wanting to be told what to do and to be in control of my life, which was something I was passionate about. I dabbled in gold and silver a bit, and lost 20% of my investment that year. I then came across a podcast called **Free Talk Live** — a radio podcast that has been around for a few years. They are proponents of personal responsibility and urge people to understand money. They were a show involved with a movement called the **Free State Project** — to find the freest state in the US and shift people that are freedom-oriented to that state to get involved in changing systems. This caused a migration within the US and there was some international migration too. It was on the first show that they mentioned **Bitcoin**. I had no idea then back in 2012 and I looked it up. I was enthralled by Bitcoin and immediately saw potential. You know everyone goes through that phase, finds something and dismisses it, well I never went through that. I bought my first Bitcoin then, it was 9 dollars some cents at the time. Next few weeks I stayed up learning more about it. I started looking up communities and similar minds. I couldn’t find any, and so I set up one myself and hosted the first event.” #### On Being Principled and Seeking to Empower: > “For me, being principled is super important. I always try to do things by being in control and not having partnerships and not taking investors’ money. I don’t like the idea of having to provide returns to investors which can **impact the delivery of what I’m really trying to accomplish**.” > “I want to empower people, I want to build the tools to empower people to get the things which I want that is more freedom. I believe in **personal responsibility**. I think it’s really important to have to work on things so that you can get to where you want, based on your learnings.” > “The idea that has been pushing me in the last few years is that **the incentive structures that the world lives on** I think are misaligned. I think most incentives are to give you power and money, and that’s misaligned with other people and the planet. I like to think that I am a problem-solver, I can put together a number of things based on formulas I developed in the past and based on principles and tools that I developed. The idea of **creating winning situations for everyone** is really important to me. It’s not about creating divisiveness, it’s about creating unity. It’s about utilising your strengths to create a better world. So what really drives me is to see how I can change the incentive structures of the world.” > “I think there is a cyclical possibility that the more impact that you create as an individual that is improving people’s lives, considering as many people as you can in things that you’re creating, that you will do better in creating the wealth that you want — **not the other way around**.” > “Most documentaries you will watch on scandals that have happened are based on greed, where the desire is to improve or maximise shareholder return. Month after month you’ve got to keep producing better returns and that goes contrary to I think what is needed in order to drive brands and people. **The traditional models are simply not working**, the entrepreneurs and the problem-solvers need to think of new ways to bring the population on your side, that will think of the majority, not the minority.” #### Anthony Di Iorio after Ethereum Di Iorio became the chief digital officer of the Toronto Stock Exchange for a while before he left to found **Decentral** — developer of the **Jaxx** Digital Wallet for Bitcoin and Ethereum. Today one of the Forbes Top-20 richest people in Cryptocurrency, Di Iorio aims to use his power to “shift incentive structures and contribute to the cause of using technology for the greater good of the world,” notwithstanding the harmful effects it has had in several parts of the world. Listen to the rest of the conversation on [**Bitcoin Stories: Anthony Di Iorio, CEO & Founder Decentral & Jaxx, Co-founder Ethereum (Episode 029)**](https://www.youtube.com/watch?v=SxhTk3XnMsU) **Categories:** Blog --- ### [Best Bitcoin Wallets for Indians](https://blog.unocoin.com/best-bitcoin-wallets-for-indians/) **Published:** December 8, 2020 **Author:** Unocoin Growth **Content:** #### **Bitcoin wallets** are wallets that exist as software programs that help store and exchange bitcoin among users and provide proprietorship of the balance to the owner. Know all about them, the best ones available in India and frequently asked questions about them in this article. ![](https://cdn-images-1.medium.com/max/800/1*dr8OLNu5fsb_AgaApYAyeA.jpeg)Since its inception in 2009, bitcoin has gained ground all over the world and has emerged as the leading virtual currency. This is primarily because of its independent nature, as opposed to standard physical currencies of the world, whose values are dependent on markets and determined by central authorities. But like any other currency, bitcoin needs a place to be stored, and a platform on which to be exchanged by traders — a wallet. In this article, readers will know more about some of the **best bitcoin wallets in India** that are used for transactions of cryptocurrency. **What are Bitcoin Wallets?** **Bitcoin wallets** are wallets that exist as software programs that help store and exchange bitcoin among users and provide proprietorship of the balance to the owner. Every user who holds a bitcoin balance in the wallet in his own custody possesses a public and a private key that correspond to the address of their bitcoin wallet. For exchanging **cryptocurrency** successfully, the user must establish a bitcoin wallet. There are several kinds of bitcoin wallets — **blockchain wallets,** desktop wallets, mobile or **app wallets**, web wallets, and **hardware wallets**. **How to set up a Wallet?** Here are the steps to help you get started with your bitcoin wallet: **Step 1: Download a bitcoin wallet** A bitcoin wallet is a program or an app that allows you to send and receive Bitcoin. The many kinds of wallets across platforms share basic functionality, but features vary from one wallet to another. Make sure to assess multiple wallets before you choose one. Some of the wallets need you to backup the private keys or seed keywords. **Step 2: Add Bitcoin to your Wallet** Once you have your bitcoin wallet address ready, visit the page on the trading platform to buy bitcoin, usually the ‘Buy Bitcoin’ page. Here, you should be able to easily purchase bitcoin with a debit/credit card or net banking. You can also buy bitcoin straight from the app wallet if the wallet software supports it. Another option is to choose a **Bitcoin Exchange like Unocoin** where you can quickly set up a KYC verified account and buy bitcoin with funds from your bank account. **Step 3: Use a bitcoin wallet to send and receive bitcoin** Receiving bitcoin is as easy as giving the sender your bitcoin address. Sending bitcoin requires a few more steps. - First, you need to copy the receiver’s bitcoin address. - Next, open your bitcoin wallet and paste the receiver’s address under the “Send” feature. - Click on Send after confirming the bitcoin amount and the receiver’s address. **Types of Bitcoin Wallet** There are both online and offline types of Bitcoin wallets. Each of them comes with its own set of security and specifications. The mobile, online and desktop wallets are free to download and setup. You can visit the Playstore or Appstore to download the app and register yourself before you start using your Bitcoin wallet. On the other hand for a hardware wallet, you need to buy it and wait to get it delivered online. It is always advisable to purchase hardware Bitcoin wallets from a reputed platform or directly from the company if you plan to store a significant amount of bitcoin in the wallet. For using exchange wallets that are web or mobile-based, you need to open an account with the respective crypto exchange like **Unocoin** or Zebpay. **Best Bitcoin wallets in India** 1. **Unocoin** Unocoin is a cryptocurrency wallet and exchange that offers its customers a platform to purchase and sell currencies using the **Best Bitcoin Wallet** on their website or via the **Bitcoin Wallet App**. Unocoin has become a well-known cryptocurrency trading platform in India since 2013, owing to its ease of accessibility and low transaction fees. 2. **Exodus Bitcoin Wallet** Exodus Bitcoin Wallet provides private keys of their bitcoin wallet on any of the Windows, Mac, and Linux PC equipment. One has to download the Exodus application to use the wallet. This wallet has over 110 crypto resources, which makes it user-friendly and flexible. Anyone can send and get bitcoin or other digital money using the QR code of Exodus Bitcoin wallet. 3. **Trust Bitcoin** Trust Bitcoin focuses on cryptocurrencies like Ethereum, Litecoin, Ripple and also helps people use Binance to trade. It ensures privacy and security on computerized resources and private keys with PINs and biometrics. Trust Bitcoin allows its users to buy some bitcoin under five minutes. Users can easily earn interest on a cryptocurrency in their wallet and track charts and prices of their investment. 4. **Cool Wallet S** Cool Wallet S is one of the **best crypto wallet apps** that also offer a **hardware wallet** that anyone can use on their Android or iOS devices. When it comes to using hardware wallets, many users are concerned about its battery charge retaining capability. Cool Wallet S has sorted this by offering hardware that can be charged in two hours and which retains a backup charge of three months. In this wallet, the private keys are put away in a chipset, thus ensuring optimum security. 5. **Zebpay** When it comes to using a user-friendly interface, Zebpay offers one of the **good crypto wallet apps** in India. The platform allows its users to transact their crypto coins across through their hosted wallet. 6. **Guarda Wallet** Guarda Wallet deals with 100+ types of cryptocurrencies. It never stores a user’s private keys and data. It utilizes encryption innovation to secure sensitive data of its users. At Guarda Wallet, you are the only owner of your private keys, which allows safe management of cryptocurrencies. Users are also offered staking opportunities where they can easily earn cryptocurrency by staking (holding) their bitcoin. With its multi-signature feature, Guarda Wallet gives the opportunity for two or more users to sign transactions. This ensures maximum security and safe wallet transactions. 7. **Ledger Nano X** Ledger Nano X is a USB type **best bitcoin wallet** with secure chips and is compatible with Windows 8+, macOS 10+. It allows users to use 24 coins and 1250+ ERC-20 tokens legitimately from a PC or cell phone. It can be purchased legitimately from the Ledger online store. **How to Pick Best Bitcoin Wallet in India** - **Types of Cryptocurrency supported by the wallet:** Most bitcoin wallets let you store popular cryptocurrencies like bitcoin, Ethereum, Ripple and Litecoin. You should always check whether the wallet supports the cryptocurrency that you intend to hold and transact. - **Popularity of Wallet** It is best to ensure that the wallet is well known. It is important to look at the feedback of the wallet and talk to people who have already used it. The feedback and ratings from their other customers are generally available on the Playstore and Appstore. - **Check Security** Before choosing the **bitcoin wallet app,** it is important to check if the webpage has an HTTP/HTTPS file verification. The wallet should also offer secur e logins and verification during every transaction including two-factor authentication. Before settling on the choice, security is a significant component that one should always look out for. - **Transparency** The administrative specifications, actionable strategies and security levels of a bitcoin wallet should be transparent to its users. If it is a self custodian wallet, then it must also be open-source because open-source wallets give a method for the community to verify the code and secure it. - **User Experience** A bitcoin wallet site should always make sure to provide the best user experience. The platforms should be compatible with all versions of Android and iOS. If a wallet does not match your specifications and requirements, then you might need to opt-out of it later on, which can be a tiresome process. **FAQs** 1. **Is a Bitcoin wallet free?** Most cryptocurrency platforms provide free bitcoin wallets once the user signs up on their platform. You can download an online bitcoin wallet for free or buy a USB-type cryptocurrency wallet. 2. **Can I use two Bitcoin Wallets?** Yes, you can use two (or multiple) bitcoin wallets on separate platforms. 3. **What is the best and safest Bitcoin wallet?** Unocoin is the most trusted crypto trading platform offering an **app including a wallet** for cryptocurrency transactions in India. It is considered the best and safest and easiest bitcoin wallet in India due to lightweight, security and ease of use. **Categories:** Blog --- ### [3 Reasons why Cryptocurrency is good for your Business](https://blog.unocoin.com/3-reasons-why-cryptocurrency-is-good-for-your-business/) **Published:** December 8, 2020 **Author:** Unocoin Growth **Content:** #### The new fish in town is “**cryptocurrency”** and it is evident that any talk about virtual money elicits varying opinions — some swear by the independence and reliability offered by its peer-to-peer architecture, some consider it risky. But can your business afford to ignore it? ![](https://cdn-images-1.medium.com/max/800/1*h2eYnVqm8UEQYhIeFstVFA.jpeg)Can your business afford to ignore the crypto boom?For payment, your business is probably well-versed with the usual methods — credit and debit cards, cash and bank transfers, as well as more recent options like Apple Pay or PayPal. These are tried and tested, and offer a high level of convenience to you and your customers at low risk to both parties. But if you think about it, it took a while for users to warm up to each method and overcome their fears and apprehensions around new ways to make payments. The new fish in town is ‘**cryptocurrency’** and it is evident that any talk about virtual money elicits varying opinions — some swear by the independence and reliability offered by its peer-to-peer architecture, some consider it risky. > But when it comes to businesses, some of the behemoths are now embracing this new digital currency — including **PayPal** and **Facebook**, the most recent ones to jump on the crypto bandwagon. In this blog, we will delve deeper into the mighty new world of cryptocurrency and explore if it could be a good fit for your business as well. #### What is cryptocurrency? Cryptocurrencies are a form of digital money, which is stored and used online. Today, there are over 3000 numbers of cryptocurrencies, like Bitcoin, Ether and Ripple. Transactions with cryptocurrencies are not controlled or regulated by any centralised authority or federal banks unlike traditional forms of money or currency. #### Businesses and Cryptocurrency: In the last few years, cryptocurrencies like **Bitcoin** and **Ether** have gained massive popularity among individual traders and businesses alike. Many businesses have been adopting cryptocurrency as a possible payment method and this is because crypto offers numerous benefits in terms of speed, cost of transaction, security and autonomy. > Moreover, if you are running a business, you would want to be on your front foot and keep abreast of new technologies, especially the ones that can improve how your business operates and offer your users an even larger range of payment methods. Here are some of the advantages of using cryptocurrency: #### 1. Worldwide Access If the sky’s the limit for your business, cryptocurrency can indeed be a formidable ally. There are no boundaries to virtual assets, as opposed to traditional forms of currency which are bound by region, central banks or governments. People from over 100 countries have used cryptocurrency and it is testimony to how it can eliminate the hurdles of cash flow on an international scale. Digital assets also eliminate high costs associated with exchange rates and cut down the waiting time for international transactions. Cryptocurrency can thus create a bigger audience and a vast talent pool for your business, at affordable rates. #### 2. Save on Transaction Costs Card processing fees make banking costs high for businesses and this is common across the board — traditional banks charge a processing fee for card transactions, which are by far the most common form of payment. Small businesses especially struggle with transaction costs. Enter cryptocurrency — with no central authority or middlemen to facilitate transactions, this digitised entity cuts down your transaction fees considerably. #### 3. Fraud and Chargeback Protection When it comes to sending and receiving money — the lifeline of all businesses — safety and security of transactions are of utmost importance. This is something that is easily achieved with cryptocurrency — the technology of cryptography rests on the principle that transfers are final, irreversible and can not be cancelled after a transaction is made. These transactions are solidified as blocks which are verified by the entire network, making it nearly impossible for independent parties to tamper with transactional information, least of all validate them. This means that with cryptocurrency, your business can achieve even greater security than traditional banks have been able to provide. #### In sum: All in all, cryptocurrency offers a vital means for expanding and strengthening your company. With unique benefits of speed, transaction ease, its global reach, and lower costs of the transaction — your business shouldn’t be missing out on the crypto revolution. *Disclaimer: While this article is written by keeping the global prospect in mind, the possibilities due to rules and regulation as per the law of land could vary. It is advised to consult your auditors and lawyers and act accordingly.* **Categories:** Blog --- ### [Realigning Economic Incentives: Sunny Ray in conversation with Gabriel Kurman](https://blog.unocoin.com/realigning-economic-incentives-sunny-ray-in-conversation-with-gabriel-kurman/) **Published:** December 14, 2020 **Author:** Unocoin Growth **Content:** #### Sunny Ray, President at Unocoin engaged Gabriel Kurman, co-founder of RSK in an important discussion on the genesis of cryptocurrency and its widespread adoption. ![](https://cdn-images-1.medium.com/max/800/1*g0JLcwyCj5Vdm79ckYdN8Q.jpeg)For over a month now, President at **Unocoin**, **Sunny Ray**, has been hosting engaging and insightful conversations with leading figures in the cryptocurrency space on his channel **Bitcoin Stories**. The show has now developed into a series of episodes, each bringing out different perspectives and finding common threads in why millions around the world continue to challenge the status quo and look to cryptocurrency. This week, in discussion with Ray was **Gabriel Kurman** from Argentina, economist and cofounder of **RSK**. RSK is the first open source smart contract platform that is powered by the bitcoin network. RSK’s goal is to add value and functionality to the bitcoin ecosystem by enabling smart-contracts, near instant payments, and higher-scalability. Gabriel told the audience that he originally came from a middle class family in Argentina, a country known for its string of economic crises. “The financial crisis is somewhat embedded in the Argentine DNA,” he said. > “We are always expecting something going wrong in the financial system. Every family has stories of people losing their homes because of hyper-inflation, or because they took a loan, or they were taking money out of the bank and got robbed. All these crazy stories are super common in Argentina.” Kurman wasn’t sure of what to study in high school, and so he decided to study economics. “My parents thought it was something that could help me understand how the world works and recognise what my passions further along the road,” he said. When it came to looking for a job, like many Argentines, he was trying to find a path to get a salary in US dollars, instead of the Argentine Peso. “This is something that is embedded in every Argentine — we understand that we can’t save in the local currency; it devalues all the time.” His professional history that followed with multinationals, corporate finance companies and then in private equity led to Kurman witnessing the 2008 crisis from London, which was “an interesting way to see the crisis”. He learnt about Bitcoin in 2013 and participated in the first meet-up in Latin America — he didn’t know what to expect, and that’s perhaps why it had a profound effect on him. “My mind was exploding with ideas after the conference and it has been a wild ride ever since then. But I finally understood that there was something wrong in the financial system and I started to see the solution. Shortly after the Bitcoin meet-up, I, as an individual, was trying to buy my first house.” Kurman was coincidentally also heading an acquisition in his company then. “I went to the bank to make a mortgage and the conditions I was being offered were completely different and much worse than the ones we were given as an organisation to acquire a $100m company. That’s when I realised for the first time why there is so much inequality in the world and why this (Bitcoin) will eventually lead to change.” #### Frustration with the existing system: “The problem is that the system is wrongly programmed — the economic incentives of the system we live in drive us to a polarisation in equity and wealth. It is much easier to make a lot of money when you have a lot of money. This was very frustrating to me — it doesn’t matter what or how much you do, the system is built to sink. I myself as an individual was getting a much higher interest rate and a very small benefit of the asset that I am trying to buy. But the leverage that a corporation gets is much higher than a small guy would get to buy a home. > “This applied to everything — in Argentina, the pensioners, firemen or policemen can get loans easily and at no risk, because the ones providing the loans collect the return directly from their paychecks. And yet they pay incredibly high interest rates for the loans. All this because there is no competition — they have to accept that or nothing.” “I then started dreaming of starting to build on the financial system where the rules are redesigned to create economic incentives to promote decentralisation, so that the small guy gets better and fairer conditions than big corporations. We need to balance the economics of scale and I saw the potential of doing that with blockchain or Bitcoin; the possibility of building a portfolio where billions of small loans can be distributed across Africa and Latin American, based on a portfolio that could be more diversified, have lower risk of default and hence try giving lower interest rates to those small guys. We need to challenge the concentration of capital in a few hands that late-stage capitalism has created.” The two speakers then spoke about how Bitcoin and the blockchain offered an elegant solution to realign economic incentives bent in favour of corporations. To follow the rest, watch the full conversation here: [https://www.youtube.com/watch?v=XG9s4rO1mW0&t=4016s](https://www.youtube.com/watch?v=XG9s4rO1mW0&t=4016s) **Categories:** Blog --- ### [Ethereum vs Bitcoin — The Future of Cryptocurrencies](https://blog.unocoin.com/ethereum-vs-bitcoin-the-future-of-cryptocurrencies/) **Published:** December 22, 2020 **Author:** Unocoin Growth **Content:** #### Ethereum or Bitcoin? The debate rages on, but in essence, the two are quite different and can even complement each other for certain use cases. Read on to know more. ![](https://cdn-images-1.medium.com/max/800/1*pn7iEQ4x2Ru5ytNVE-Hvtw.jpeg)Ethereum or Bitcoin — which one should you choose?If you’ve ever been interested in cryptocurrencies, chances are you have heard of two giants in the space — **Bitcoin** and **Ether** (bitcoin is the token on Bitcoin network and Ether is the token on Ethereum network). Although both of them are cryptocurrencies, they have many features which set them apart. Let’s explore the two in this article — what they are and how they are used, their similarities and their differences. #### **A Brief about Digital Currencies** **Digital currencies** or virtual currencies exist in the electronic form and can be accessed through a mobile or a laptop/computer. Cryptocurrency networks are decentralised, which means they are not regulated or issued by a central authority like a government or a central bank. Instead, they are validated by a network of computers. Among the digital currencies used around the world, ether is the second most popular token, right after **bitcoin**. Comparisons between the two have made rounds since Ethereum network was first released in 2015. Just like many **digital currencies,** both ether and bitcoin leverage **blockchain technology** and are stored in **cryptocurrency** wallets. But choosing between the two for your next asset investment might be difficult, especially if you are new to the world of cryptocurrency. If you are in a fix regarding the choice of your **digital currency**, Unocoin is here to assist you. #### **About Unocoin** Unocoin is India’s most extensive Crypto Assets Trading and Blockchain Company. It is the most trusted place in India for trading **Bitcoin**, Ether, and Tether. They can provide you with all kinds of assistance to buy and sell various cryptocurrencies. Additionally, they have a dedicated mobile application that is available on Android and iOS platforms. #### **Comparison between the two top cryptocurrencies** Let us start off by talking about each of the **digital currencies** in detail. Enter the king and the first of cryptocurrencies, Bitcoin. #### **What is Bitcoin (BTC)?** Released in 2009 by a single person or a group of people under the pseudonym of Satoshi Nakamoto, **Bitcoin** is a **cryptocurrency** that is designed to be traded worldwide. It is a digital currency that is decentralized, unlike government-issued currencies. The technology that powers bitcoin transactions is called **cryptography** — and as the name suggests, it helps secure all bitcoin payments. One of the critical points as to why many people prefer it is that it keeps the sender’s and receiver’s identity pseudonymous. #### **What are the features of Bitcoin?** In addition to the benefits of safety and security owing to the use of cryptography, the transaction fee for any transaction done using **Bitcoin** is relatively low. Even though **Bitcoin** is not one of the first **digital currencies** to have existed, it was indeed the one that envisioned some success in its early days. > Bitcoin, since the outset, has been ambitious and truly democratic in its reach, and it thus paved the way for all the **cryptocurrencies** that followed. Being decentralized, it is not yet recognized as a formal medium of payment. However, cryptocurrency has still found a way to coexist with the existing financial system even after the continuous scrutiny and debate. Now, let us talk about **Ethereum**. #### **What is Ethereum (ETH)?** Developed in 2015 by Vitalik Buterin, it is **smart blockchain**, of which the tokens are called ether. These ether tokens are also equivalent to bitcoins in the **Bitcoin network** but its primary purpose is to pay for executing code on ethereum blockchain. Ether is used whenever there is a need to build and deploy decentralized applications. #### **What are the features of Ethereum?** You can use ether to pay for services such as buying computational power that is needed before adding a block to a blockchain and paying the transaction fees. **Ether** works in similar ways to **Bitcoin** and hence can be used for peer-to-peer payments as well. Ethereum also sets up **smart contracts** — these are condition-dependent contracts, which means that individual output is observed once a specific set of predefined rules is satisfied. > When smart contracts and decentralized applications are deployed on **Ethereum**, they can be run without fraud, downtime, control, or even disturbance from a third party. Additionally, it comes with its own programming language, which runs on a **blockchain**, thus making it easier for developers to build and run distributed applications. Finally, let us discuss the significant differences between the two cryptocurrencies, even though distributed ledgers and cryptography principles power them both. #### **Key Differences between Ethereum and Bitcoin** **Bitcoin** was formed as a radical move to generate a form of digital money that is not regulated nor controlled by any government or organization. **Ethereum**, on the other hand, was formed as a platform to help secure the decentralized financial contracts and applications by using blockchain technology. Recently, the debate on **Ethereum vs Bitcoin** has gained tremendous attention. **Bitcoin** is now a well-established and the most popular cryptocurrency in the world. Not just that, it also has the largest market cap when compared to any other cryptocurrency. In other words, it is at the top of the cryptocurrency world. **Ether** was not as successful as Bitcoin was in its early days, and neither was it as widely accepted. Still, its creator learned from the mistakes and shortcomings in **Bitcoin** and tried to overcome those by providing its users with more functionalities. It is fair to say that it is the second-largest and the second most popular **cryptocurrency** in the market. ![](https://cdn-images-1.medium.com/max/800/1*2jwAXKyTW0bh5E5ttt_arw.jpeg)![](https://cdn-images-1.medium.com/max/800/1*j-98bPViOsIZCsy38uEtJg.jpeg)So, after reading all this information about Bitcoin, Etherum, and the differences between the two, you now have enough talking points to be a part of **Ethereum vs Bitcoin** debate! #### **FAQs** 1. **Which is better: Bitcoin or Ethereum?** In case you only want to perform peer-to-peer transactions, then **Bitcoin** will be the perfect fit for you. But if you are looking to build and run decentralized applications or smart contracts, **Ethereum** is the right choice instead. So deciding which is better depends on your requirements and needs. 2. **Will Ethereum surpass Bitcoin?** In recent times, we have witnessed governments starting to put restrictions on cryptocurrencies. Ether is nothing but just gas to run on the **Ethereum network**. These restrictions may affect ether, but the **Ethereum** network will remain u nscathed, and banks and businesses will still perform payment services. However, we also need to remember that the combined market capitalization of both these cryptocurrencies is considerably less than some big companies’ market capitalization. This means that both the cryptocurrencies can coexist in peace, and as of now, **Ethereum** will not surpass **Bitcoin**. 3. **Why is Bitcoin more expensive than Ethereum?** There are three main reasons why **Bitcoin** is more expensive than **Ethereum**: - Its utility and store of value factor give **Bitcoin** an edge over **Ethereum**. Even though a **bitcoin** and an ether token do the same task for a specific individual or business, **bitcoin** is better due to its application. - Bitcoin sometimes have a feedback loop of investors who keep reeling back in to produce more profits. The price of **Ethereum** is more or less affected by the rise or fall in the costs of the Bitcoin. This makes Bitcoin a better buy for investors and businesses the same. - Last but not least, it can be said that the price advantage of **Bitcoin** comes from the fact that it is more popular than **Ethereum** since it has more public awareness. If anyone ever thinks of getting into the **cryptocurrency** marketplace, it almost immediately implies that they will invest in **Bitcoin**. **Categories:** Blog --- ### [Looking back at 2020: A Year like no other for Unocoin](https://blog.unocoin.com/looking-back-at-2020-a-year-like-no-other-for-unocoin/) **Published:** December 28, 2020 **Author:** Unocoin Growth **Content:** #### From the team becoming fully remote to raising funds from Tim Draper’s Draper Associates, this year will have a special place in the journey of Unocoin. ![](https://cdn-images-1.medium.com/max/800/1*0tXQEuJvO4qPx72p0mtDcA.jpeg)From the team becoming fully remote to raising funds from Tim Draper’s Draper Associates, this year will have a special place in the journey of Unocoin. We added new coins, integrated our apps to give way to a brand new Unocoin Exchange, and observed the rise of Bitcoin as the best performing asset of 2020. And we did all to keep up our commitment of Bringing Bitcoin to Billions. As the curtain falls on 2020, let’s look back at all the events that marked the year: #### Introduction of Instant loans: Unocoin launched a lending portal offering loans backed by crypto assets to its users. The new lending portal became a quintessential part of its ecosystem helping its users to self-sustain their financial needs backed by their own crypto-assets. This was done with the aim to grant loans in USDT and in INR to verified users against pledged collateral in bitcoin. #### **Resumption of accepting INR deposits and withdrawal requests:** Following the Supreme Court’s verdict that slashed down the notice issued by RBI to banks on 06 April 06 2018, Unocoin announced that it had started to accept INR deposit and withdrawal requests. #### **Inclusion of Ether in the Systematic Buying Plan:** Systematic Buying Plan (SBP) is an exciting way to acquire bitcoin (BTC) and ether (ETH) — a more conservative approach to investing in bitcoin and ether than spending all your money on bitcoin or ether at once. This technique allows you to commit to a fixed INR amount on bitcoin on a regular schedule regardless of the price. #### **New feature launch:** You can now pay for mobile prepaid top-up, postpaid and DTH bills using bitcoin. #### **Integration with IntoTheBlock.com:** IntoTheBlock is an intelligence company that leverages machine learning and advanced statistics to extract intelligent signals tailored to crypto-assets. IntoTheBlock aims to tackle one of the hardest problems in crypto: to provide investors with a view of a crypto asset that goes beyond price and volume data. With the integration of Unocoin with IntoTheBlock, customers will now see this screen when they are buying BTC/ETH/USDT on Unocoin and there is a separate section on Unodax to show the analysis of all the listed coins #### **New feature launch: Auto-sell:** Prior to this, auto-sell was extensively used by freelancers who choose to accept bitcoin as a mode of payment but don’t want to be exposed to bitcoin price volatility. Due to the banking issue in 2018 and 2019, Unocoin had to pull down this feature but it was enabled again — the platform can now pay out INR to customer’s bank accounts. #### **Reintroduction of Crypto Basket:** Unodax introduced weighted basket orders with its crypto basket. No need to spend time researching before you pick your coin. Bsed on the ratio of the market cap of the asset and the volume traded on the platform, Unocoin exchange now allows you to invest in all of them with a single click. Customers can choose from Bitcoin, Bitcoin Cash, Ripple, Litecoin, and Ethereum. #### **Discontinuation of tokens:** BRD (Bread), CVC (Civic), RDN (Raiden Network Token), NMR (Numerarire), PAY (Tenx), QRL (Quantum), GRS (Groestlcoin), PAC (Pac Global) #### **Introduction of new coins:** LINK, MATIC, PAXG, FTM, STORJ, DAI, MTL and SXP updated on Unocoin exchange. #### **Removal of coins:** ETH and XRP Base coin types removed from the platform. #### Listing of coins: UNI, SNX, YFI and WBTC listed on the Unodax platform. #### **Funding from Tim Draper’s Draper Associates:** Unocoin finalised its Series A funding round, targeted at US$5 million, led by Tim Draper’s Draper Associates with participation from XBTO Ventures and 2020 Ventures, veteran investors in the digital asset industry. The Series A funding round raises Unocoin’s valuation to US$20 million. #### **Unocoin Dazzling Diwali Contest:** Users were given a chance to win assured USDT worth 1000 INR on enrolling in an SBP of 500 INR daily for 120 days. #### **Launch of Unocoin Exchange:** Unocoin launched a digital asset trading platform built for professional traders. The launch, which follows Unocoin’s beta Unodax platform, marks the expansion of the Company’s existing brokerage model into a full-scale exchange model. The platform comes with comprehensive billing and invoicing functions to help fund managers and professional traders adhere to tax compliance and financial reporting. #### **Dialogues with top experts in the world:** Unocoin President Sunny Ray conducted a string of fascinating discussions with key figures in the crypto world like Anthony Di Iorio, Max Keiser, Peter Todd, Jameson Lopp, Suril and Nishith Desai. All episodes are available on the YouTube Channel Bitcoin Stories. #### Unocoin features Xangle’s ticker: Unocoin, India’s home for digital currency, began a partnership to feature the Ticker from Xangle.io, the top crypto asset disclosure platform. The Ticker will be displayed at the top of Unocoin’s exchange pages for Indian Rupees, BTC, and USDT pairs. This section of the exchange is designed to change based on the quote coin chosen by our user and hence keeping it clutter-free making it easier for consumption. **In sum:** So far so great! Looking back, we realise that the only way for the team, like the rest of the world, was to keep pushing despite the challenges thrown up by the pandemic this year. From being under lockdown to feeling the tremors of an economic crisis, taking care of our physical and emotional health amid fear of the virus to travel restrictions — the team showed remarkable zeal and resilience. With this thought, we step forth into the new year, clinging firmly to our mission of Bringing Bitcoin to Billions. **Categories:** Blog --- ### [A Complete Guide to Profitably Mine Bitcoin in India](https://blog.unocoin.com/a-complete-guide-to-profitably-mine-bitcoin-in-india/) **Published:** January 14, 2021 **Author:** Unocoin Growth **Content:** #### Created in 2009, the digital world of crypto assets has emerged as the economic gorilla. Bitcoin trading has become a method for a safe investment for many. Although it comes with its downsides, being an online selling and buying service, it can be a rewarding job for miners. ![](https://cdn-images-1.medium.com/max/800/1*AVBsk499srGd0PV8d_0rdQ.jpeg)Bitcoin is a digital cryptocurrency which, like any other currency, requires to be produced, spent and verified. Bitcoin mining is extracting new bitcoin while verifying transactions of the used ones by employing powerful hardware and mining software. Created in 2009, the digital world of crypto assets has emerged as the economic gorilla. Bitcoin trading has become a method for a safe investment for many. Although it comes with its downsides, being an online selling and buying service, it can be a rewarding job for miners. In this blog, you can learn **how to mine bitcoin in India** and **how to mine bitcoin on your own pc.** #### **A Brief about Bitcoin Mining** Bitcoin mining, as the term may suggest, is the extraction of the cryptocurrency by solving complex equations of mathematics using high powered machines. The process of bitcoin mining is computational and complex, even for the most powerful computers. The purpose of this exercise is to make the bitcoin payment network trustworthy for the users. Another benefit of this long and challenging game of mining is increased security as every transaction information gets verified by the bitcoin miners every time an equation is solved. In a standard currency, transactions are documented by banks, point of sales systems or physical receipts. Similarly, a bitcoin transaction is verified by solving equations, and bitcoin miners produce a “block” which is essentially a list of transactions that are waiting to get confirmed. A block is then compiled in a public chain of already prepared blocks in the past as if block becomes the next link in the chain, called the “blockchain”. For the mining process to take place online, a software called **bitcoin miner or bitcoin mining calculator** is used. The computers which are often modified to handle the complexity of equations are termed **bitcoin mining machines**. #### **About Unocoin** [Unocoin](https://www.unocoin.com) is a website dedicated selling, trading and exchange of bitcoin and other cryptocurrencies. It provides the best quality services in the crypto assets arena with its flexibility and secure cryptocurrency platform. #### **Things you need to know before Bitcoin mining** Bitcoin mining is the mechanism of receiving bitcoin by running the authentication process to verify bitcoin transactions. These transactions provide the Bitcoin network with protection, which in turn compensates miners by providing them with newly generated bitcoin. In simpler words, it is a way to earn the globally trending cryptocurrency, bitcoin, by helping with transaction data verification. **Bitcoin mining pools** utilize combined resources to strengthen the probability of finding a block or otherwise successfully mining for cryptocurrency. Cryptocurrency mining pools are groups of miners who share their computational resources and share rewards. If the **bitcoin mining pool** is successful and receives a reward, that reward is divided among participants in the pool on the pro-rata basis of their computational power. To determine whether bitcoin mining is profitable in India or not, one has to take into account many factors related to bitcoin mining. These include the cost of the electricity to power the computer system and cool the air for effective operation, the availability and price of the computer system, utility bills like internet and rent, and something called the difficulty in mining. The difficulty is associated with number and power of **bitcoin mining machines** which in turn depends on how the price of bitcoin will impact potential rewards. The biggest challenge in India is the cost of electricity is high and the temperature is not friendly throughout the year. #### **Types of Bitcoin Mining** The most important component to execute the mining process is **bitcoin mining hardware**. Users have used various types of **bitcoin mining hardware** over time. Methods like CPU mining, GPU mining, FPGA mining, ASIC mining either independently or as part of cloud mining are primarily used to mine bitcoin. - **CPU mining:** Early versions of the Bitcoin client allowed users to mine through their CPUs. As the network hash rate grew, the number of bitcoins produced by CPU mining was lower than the cost of power to operate a CPU. The advent of GPU mining rendered CPU mining financially unwise. Hence, the option was excluded from the user interface of the core Bitcoin client. - **GPU mining:** GPU mining is not only more efficient but faster than CPU mining and is the best **bitcoin mining hardware** to mine Bitcoins in this era. GPU stands for Graphics Processing Unit, which is a feature of high-end graphics cards. These can calculate all the complex polygons needed in high-end video games, which makes them particularly great at hashing mathematics necessary to solve transaction blocks. - This was followed by **FPGA mining** hardware which was more powerful than GPU but this era did not last long. - **ASIC mining:** An application-specific integrated circuit (ASIC) miner is a device that is designed for the sole purpose of mining and this made all other predecessor mining devices unprofitable. It is usually designed for a particular cryptocurrency at a time so a bitcoin ASIC miner can only mine bitcoins or the coins using the same mining algorithms only. They are not only faster than all previous technologies but also consume a comparatively low amount of power. - **Cloud mining:** Thus can either be shared mining where the resources get shared or rented mining where the computers installed in favourable locations are rented and are used for mining. The mechanism of rented cloud mining requires no installation; instead, the hardware runs directly on the host premises. As of today, **Bitcoin cloud mining in India** is mostly done by using rented cloud computing power available in free electricity or colder countries. #### **How to start mining Bitcoin?** If the world of crypto assets is so attractive, then what stops the miners from taking the step and getting into mining, you must wonder. It is a question of having the resources and ability to spend time and energy to acquire bitcoins through mining. Other than monetary investment, the process requires powerful hardware to crack computational equations, so it can also be done from the comfort of your home. - The first step is always the setup. You will need to get a mining rig to set up a machine with higher computational power and low energy consumption. - Next comes getting a bitcoin wallet. A bitcoin wallet saves all your data and earnings of the cryptocurrency. This is comparatively easier to set up. - Join a mining pool afterwards, and you are good to go. All the miners in the group solve an equation as a team and divide the reward. This makes the process faster and mining easier. **FAQs** 1. **Is Bitcoin mining legal in India?** Bitcoin buying, selling, trading and mining is **not illegal** in India by any law. The frauds and unknown sources of trading have otherwise made it difficult for miners to continue mining without any fear, but that doesn’t mean the ever-increasing bitcoin industry is illegal. 2. **How long will it take to mine Bitcoin?** It takes 10 minutes for a miner to solve one crypto puzzle and get rewarded with bitcoins. The solution is basically the generation of a new hash for the block and is done via machines. 3. **Is it possible to mine Bitcoin on a laptop?** If the mining machinery is powerful enough to handle and solve complex computational problems, then yes, mining is possible by using a laptop or PC. However it is absolutely not profitable to do it and it should only be done as an educational exercise. 4. **Is mining bitcoin profitable?** The process of mining a bitcoin needs a lot of investment beforehand, and usually, the failure of mining operations that can cause problems at either hardware or software level including increasing in difficulty can cost you a huge debt. With its ever-increasing value, bitcoin mining can be profitable if the mining is executed by using the requisite hardware. **Categories:** Blog --- ### [Different Techniques to Acquire Bitcoin](https://blog.unocoin.com/different-techniques-to-acquire-bitcoin/) **Published:** January 27, 2021 **Author:** Unocoin Growth **Content:** #### With all the buzz in the air, you must wonder how to acquire bitcoin in India. Look no further — we have compiled a simplistic guide on the many ways to do so and in this blog, we will also explain **how to buy bitcoins**, **how to mine bitcoin** and **how to get bitcoin for free**. ![](https://cdn-images-1.medium.com/max/800/1*04ebrvNaZpVW007Aqdly_g.jpeg)With the price of Bitcoin reaching an all-time high, the rise in the popularity of cryptocurrency has caught a fair bit of attention in the last few months. Based on the past trends, today, a bitcoin investor can hope to have a very good return just in a couple of years. With all the buzz in the air, you must wonder how to acquire bitcoin in India. Look no further — we have compiled a simplistic guide on the many ways to do so and in this blog, we will also explain **how to buy bitcoins**, **how to mine bitcoin** and **how to get bitcoin for free**. **How to Acquire Bitcoins?** It is possible to **buy Bitcoin** legally in India by using various methods. The most common answer you’ll get when you search ‘**how to get bitcoin’** is through a trading platform or from an exchange. However, there are now many different techniques to acquire bitcoin. Bitcoin can easily be bought using debit and credit cards. It can be bought through share brokers or be mined as well. There are many ways to buy and store cryptocurrency, especially because this isn’t money that you can hold physically. Bitcoin itself is intangible but its distributed computer network with nodes operating around the world is the tangible asset. **About Unocoin** Unocoin is India’s leading crypto-asset trading and managing company. They provide a platform for you to buy, sell and exchange your bitcoins against INR. They have desktop sites and mobile applications with Android and iOS versions where you can easily trade your Bitcoins. **How to buy Bitcoins in India?** - **Bitcoin Exchanges** If you’re looking for something similar to traditional brokers in the bitcoin world, Bitcoin exchanges are for you. These are digital platforms that allow you to exchange money for cryptocurrency. Depending on their country of origin, the platforms accept different fiat currencies (paper currencies like USD, EUR, GBP, INR) which are then exchanged for bitcoin. These exchanges act as a medium between buyers and sellers of cryptocurrency and can be compared to traditional sharebrokers. Just like in the conventional share market where an order is first placed and can only be bought when someone is selling the corresponding number of units, bitcoins can only be purchased when someone is selling the corresponding amount. To set the process in motion, you simply have to deposit the required amount through a bank transfer, and the exchanged bitcoins are then credited into your account. The exchange usually charges you a certain percentage for service, similar to if you were selling. Some exchanges also allow you to convert bitcoin into other cryptocurrencies. However, these require you to pay a conversion fee. There are many different exchanges available all over the world. Choosing the right exchange can affect your experience. The organization website for bitcoin lists various exchanges that are trustworthy and reliable. This method is simplest if you’re looking at **how to get bitcoin** easily. - **Cash Exchangers** Cash Exchangers are also known as Bitcoin ATMs. These work very similar to Bank ATMs. In these ATMs, you deposit cash or swipe your debit card, and the converted bitcoins are deposited into your account. Similarly, they also allow you to get cash in exchange for bitcoin. There are two different types of Bitcoin ATM: unidirectional and bidirectional. 1. Unidirectional ATMs allow you to only buy bitcoins. 2. Bidirectional ATMs allow you to buy and sell bitcoins. These ATMs are either from direct bitcoin ATM manufacturers or a revamped Bank ATMs and don’t need debit or bank account cards. Bitcoin ATMs in most of the countries are unidirectional. This means you can only **buy bitcoin**s by depositing cash. ATMs in India do not allow you to sell your bitcoin in exchange for cash. However, these can be sold online. ATMs are an excellent solution when you’ve noticed the exchange rate is ideal, are away from the laptop and are searching for **how to buy bitcoin** without the internet. India does not have any kind of bitcoin ATM yet. - **Get paid using bitcoin by performing Micro-tasks** Micro-tasks are a great way to get paid using bitcoins. These are simple tasks or puzzles that you can solve to get bitcoins. Some examples of these micro-tasks are: 1. Reading English Classic Novels 2. Solving puzzles 3. Solving online puzzles 4. Downloading and completing games The main objectives of these micro-tasks are marketing goals. Companies or individuals offer these tasks with bitcoin as rewards. Your engagement in these tasks helps them research their targeted market and marketing objectives. This allows the company to assess their target audience when they’re trying to sell products and services. Because the micro-tasks can be posted by any individual or company, you can easily use these when you’re looking at **how to get free bitcoins instantly.** Micro-tasks are usually posted on various platforms and exchanges. - **Selling your own services** Online shops provide a variety of payment options: cash on delivery, credit cards, net banking; the options are endless. You can also accept payment using bitcoin. If you provide a niche service or personalized products for a special group of people, you can ask for payment in cryptocurrency. While crypto-currency has become popular, many groups of people are still unsure about it. It isn’t as common as credit card or net banking, which is why when you provide the option of bitcoin payment method, make sure you’re doing this for a targeted audience. You can easily ask for bitcoin payments. As long as the person knows **how to get bitcoins with an exchange or PayPal** they will be able to complete the payment using this currency. All you need to do is open a business account, register it according to government norms and know **how to get the bitcoin** converted into cash or transferred as a currency into your bank’s account. - **Bitcoin Mining** Mining is a perfect solution to **get free bitcoins instantly.** Mining requires almost no investment apart from your PC and is 100% legal. While many people believe that mining bitcoin is difficult, it takes a simple search of **‘how to mine bitcoin’** to get the correct answer. There are thousands of bitcoin transactions taking place in one single day. Miners work to verify these transactions and flag down and fraudulent transactions that are happening. For their work as auditors, they’re paid in bitcoin. The most common problem that occurs during transactions is double-spending. In such a scenario, the owner spends twice as much on the same coin. This cannot happen with physical transactions because we cannot spend the same dollar bill twice. However, because bitcoin transactions are irreversible, the situation requires a third-party to get involved — the miners. Miners have to verify at least one block to be eligible for earning bitcoin. One “block” is about 1MB worth of transactions and was a limit set by the creator of Bitcoin, Satoshi Nakamoto. However, there are two eligibility criteria you need to fulfil to get paid in bitcoin: 1. You must have verified at least 1MB worth of the transaction. 2. You will have to be the first person to get the right answer to the puzzle. Getting the right answer involves a little bit of mathematics and guesswork. You have to come up with a 64-digit hexadecimal number (also known as hash) that is less than the target number. Because there are so many possible combinations, this takes a lot of effort. This also means you need to have high computing power to mine at a high hash rate. It is however not a walk in the park. Coming up with a hash takes time, knowledge and effort. If you’re looking to mine bitcoin, make sure to keep all the information you need handy while you come up with the answer. These are some of the most common ways to earn bitcoins. When you’re looking for information on **how to get bitcoin**, make sure you choose one that’s 100% legal and feasible as per your law of the land. While it sounds interesting to perform micro-tasks and earn bitcoin, make sure you verify the seller before engaging in any of the tasks. Choosing a crypto-exchange is the most important step when you’re about to enter the crypto-world. Choose one that has the highest security, best reputation and insurance options. Buying and selling bitcoin becomes a lot easier when you choose a trustworthy exchange like Unocoin. **FAQs** **Q: How can I get Bitcoins Instantly?** A: It is possible to get Bitcoins instantly through exchanges and peer-to-peer bitcoin marketplace platforms. Unocoin is a trustworthy and user-friendly platform that’ll guide you on **how to buy bitcoins** or other cryptocurrencies. **Q: How can I get free Bitcoins in 2021?** A: It is not that hard to get free bitcoin — the only catch is that it isn’t possible to get a lot of it for free in a short time. Multiple platforms offer games and simple tasks. Once you’ve completed these tasks, the bitcoin will be deposited into your account — albeit in small quantities. **Q: How can I get free Bitcoin without investment?** A: Micro-tasks or giveaways are a simple answer to **‘how to get bitcoins for free’**. These require you to complete mini-tasks like reading a specific book or solving puzzles to earn the bitcoins for free. **Categories:** Blog --- ### [10 Best Cryptocurrency Wallets in India 2020](https://blog.unocoin.com/10-best-cryptocurrency-wallets-in-india-2020/) **Published:** January 29, 2021 **Author:** Unocoin Growth **Content:** The growing popularity of cryptocurrency has given rise to numerous platforms and opened several challenges, with platforms innovating to provide solutions to these problems. Read this article to know the types of cryptocurrency wallets and which is the **Best Cryptocurrency Wallet In India**. ![](https://cdn-images-1.medium.com/max/800/1*MruCO-AL5YgLRyVdR2fc8g.jpeg)Cryptocurrency is a digital financial asset which is transferred and dealt on digitally secured platforms that operate on decentralized blockchain technology. The growing popularity of cryptocurrency has given rise to numerous platforms and opened several challenges, with platforms innovating to provide solutions to these problems. Read this article to know the types of cryptocurrency wallets and which is the **Best Cryptocurrency Wallet In India**. **A Brief about Cryptocurrency Wallet** A cryptocurrency wallet is a software program or a hardware device or an online platform that stores your public and private keys. The keys are used to send or receive blockchain cryptocurrency tokens. The keys are considered very secure to communicate with blockchain cryptocurrency ledgers. You can easily check the cryptocurrency balance in your preferred cryptocurrency wallet. Unlike usual wallets, the cryptocurrency wallet does not literally hold the cryptocurrency as it never exists in physical form but rather holds the information and technology to initiate the outgoing transactions. When you send or receive digital currency like bitcoin, the currencies are reassigned to the concerned cryptocurrency wallet address. To use that digital currency, the private key that is stored in your wallet must match the public address that the currency has been assigned to. After the keys are matched, the balance of the receiver’s wallet will increase, and the balance of the sender’s wallet will decrease. The cryptocurrency wallet consists of three categories, namely, software, hardware, and paper. The software wallet can be in the form of a desktop, mobile, or online. - **Desktop:** Desktop wallet can be installed on a PC or laptop. It offers fairly high security to your funds, but there is a possibility that you may lose all your cryptocurrency if your PC gets hacked. This type of wallet can only be accessed on the computer on which it is installed or downloaded. - **Online:** As the name suggests, the online wallet works on the cloud and can be accessed by the owner on any computing device. The main feature is that it can be easily accessed at any location. However, as it is an online platform, it is more vulnerable to online thefts and hacking. - **Mobile:** Mobile wallets are very convenient as they can run on your mobile. This is more compact and much easier to use anywhere because it occupies a small space. - **Hardware:** Hardware wallets store the private keys on a hardware like a USB drive. The security is highly increased because the storage is offline regardless of the online transactions. The hardware wallets are compatible with the web and easily navigable. It supports different types of cryptocurrency. One can perform the transaction by accessing the internet. There is not much danger of online theft or hacking and most hardware wallets come with a hardware button on it which needs to be pressed to initiate the transaction. - **Paper:** Paper wallets give the highest level of security and commitment. It is very easy to create but redeeming it when it is the right time to do the transactions have challenges. You can either have a printed copy of keys or software that can generate a pair of keys on the spot to be printed for further use. **About Unocoin** Unocoin is considered the most trusted platform in India to trade cryptocurrency or assets such as bitcoin. It is the best place to buy, sell, store, and use the cryptocurrency in a secured manner. **10 best cryptocurrency wallet in India 2020** To keep your funds and transaction records safe and secure, you must be aware of the **best Bitcoin Wallets in India**. Knowing this will make sure that you place your trust in the right cryptocurrency wallet. Let’s have a look through the **best Bitcoin Wallet In India in 2020**. 1. **Unocoin Wallet** Leading the cryptocurrency game in India is Unocoin, which is the **best Bitcoin Exchange in India.** This wallet is an application-based cryptocurrency wallet that is connected to the user’s Unocoin account to increase the accessibility of the user. This platform supports the **top Cryptocurrencies in India,** such as bitcoin, ethereum, tether and thirty other coins/tokens. Multiple levels of security make it one of the safest options out there. Unocoin wallet is very compatible with Android and iOS operating systems based on the native application that can be installed from Play Store or App Store. This platform offers multiple buying plans for the user to add funds in the wallet. It also has an integrated merchant gateway for payments. The user needs to pay a minor fee for transactions. Unocoin wallet can also be used for recharging phone bills or DTH services. Due to so many advantages, the Unocoin wallet is considered the **Best Cryptocurrency Wallet In India.** 2. **Other Multi-Cryptocurrency Wallets provided by Indian exchanges** There are over a dozen cryptocurrency exchanges in India and most provide multi-cryptocurrency Wallets. **Most of the good exchanges** are also present as both web-based wallets and mobile wallets for the ease of users. They also provide two-factor authentication or OTP based authentication to avoid any theft and ensure safe transactions. Many of the cryptocurrencies can be traded on this platform. 3. **Coinbase Bitcoin Wallet** This is one of the **Best Bitcoin Wallets** which provides a mobile-based wallet for users’ unlimited convenience available for Indians. The user can store the bitcoins and other cryptocurrencies and perform the transactions in the easiest manner possible. You can easily access the wallet from your mobile at any location and perform the desired task or use your cryptocurrency. The Coinbase wallet application provides an excellent and advanced security feature called Secure Element Technology (SET) and biometric authentication to keep your keys safe and secure. Coinbase Wallet has an in-built feature for eCommerce so that companies can integrate the cryptocurrency gateway onto their website to give users the choice to use it if they wish but these options are not available for India yet. 4. **Ledger Nano X Bitcoin Wallet** For people looking for the Best Cryptocurrency Wallet In India, Ledger Nano X Bitcoin Wallet might be the best choice for them. It is the hardware wallet with the highest safety feature. It is the USB type Wallet used for storing the bitcoins which consist of highly secured chips and custom OS for maximum security. It is compatible with all operating systems such as Windows, Linux, macOS, and so on. Ledger Nano X Bitcoin Wallet is compatible with all kinds of updated operating systems. It is compact, and the user can easily carry it anywhere. It can manage up to 24 coins and 1250+ ERC-20 tokens and can be accessed directly from smartphones as well. 5. **Trezor Model T Bitcoin Wallet** As one of the **Best Bitcoin Wallet India,** this hardware wallet can manage up to 8 coins and 1000+ ERC-20 tokens in a secure platform. The hardware is lightweight and compact, which makes it easy to carry anywhere. It provides a firmware signature verification or authentication along with a protected bootloader and regularly updates security features to protect user’s funds. In case the security authentica tion fails, the hardware device will format all the information to protect the user’s assets. One of its models also has a full-colour touch screen to provide the best user experience. 6. **Exodus Bitcoin Wallet** Perform transactions with one of the **Best Bitcoin Wallets In India 2020** through the desktop, mobile and hardware wallets provided by the Exodus Bitcoin Wallet. The user can store the keys on this desktop wallet. The encryption feature of Exodus ensures maximum security of the keys and transaction data. QR codes can be used for transactions of numerous crypto assets without any hassle because Exodus cross-checks the addresses for any error. 7. **Trust Bitcoin Wallet** Trust Bitcoin Wallet is used for managing bitcoins and other **Top Cryptocurrencies In India** like ethereum, litecoin, ripple, and ERC-20 tokens. This is a mobile app-based wallet which is very convenient for the majority of users. You can directly deal your cryptocurrency on this platform, away from prying eyes. Trust Wallet uses security features like PINs and biometrics to protect the keys and crypto-assets. QR codes are used on this platform for transactions. 8. **Guarda Bitcoin Wallet** It provides the user with the choice of web-based, mobile-based, and desktop-based wallet to manage different crypto assets. It has currency-specific features to give advanced options to users. It lets the user have access to the blockchain directly from the browser. The user must never forget their password or all their funds will be lost because Guarda never stores the user’s keys. On this platform, the pairs of keys are directly generated from the browser to perform the transaction. It also has an in-built currency exchange. 9. **Cool Wallet S for Bitcoin** Apart from the latest versions, this hardware wallet is compatible with the older versions of Android (6) and iOS(9) as well. The private keys are stored securely in a chip with military-grade security. It can be changed easily and has a standby life of 3 months. It can manage 12 coins and all ERC-20 tokens. 10. **Ballet Wallet** This is equivalent to a paper wallet but the company also provides a wallet to be installed on the mobile phones making it easy to receive and send cryptocurrencies. It supports dozens of coins along with all ERC-20 tokens. This wallet also forms a great method to gift cryptocurrency to the ones you love. **FAQs** 1. **Which wallet is best for bitcoin in India?** If you are looking for hassle-free and safe transactions, then Unocoin is the best wallet for bitcoin in India. 2. **What is the best crypto wallet?** Among the top Crypto Wallets in India, Unocoin stands out because of its user accessibility, flexibility and high security. Apart from being just a wallet, it also lets its users buy and sell the crypto assets at a very competitive price. 3. **Is buying cryptocurrency legal in India?** The cryptocurrencies are not legal tender in India, but buying and using cryptocurrency is not illegal. There are over a dozen exchanges and trading platforms serving more than 50 lakh Indians from many years. **Categories:** Blog --- ### [The High Court dismisses the FIR against Unocoin](https://blog.unocoin.com/the-high-court-dismisses-the-fir-against-unocoin/) **Published:** February 11, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*LgG9EWu6-vqvKTaGigfLfA.jpeg)**The brand announces freedom from legal hassles** **Bangalore, 10th February 2021**: **Unocoin**, India’s leading bitcoin company, is on a celebration spree as the High Court has dismissed the long-pending FIR against the brand. ‘The ATM-kiosk branding mistake’ case which had been going around since 2018 against the co-founders of the firm, **Mr Sathvik Vishwanath, CEO, Unocoin**, and **Mr Harish B V, the COO, Unocoin** was recently resolved on 8th February 2021 post the High Court’s verdict in favour of the organization. It all started in mid-October 2018 when a snap of **Unocoin’s** kiosk went viral on social media for all the wrong reasons. Post this, various key media firms also ran stories on this incident and the brand. By the end of the month, the organization and this event were all over the news and buzz had been generated everywhere especially in the crypto community industry. Mr Harish was soon detained unexpectedly after a few days and was under inquiry by the Cyber Crime Department, Bangalore. The matter all narrowed down to the claim that the brand did not have the necessary approvals for setting up of the ATM kiosk. However, initially branding the kiosk as ATM, was an honest and genuine mistake by the brand and led to the rising of confusion as people started getting confused this machine with bank’s ATMs. While it was soon rebranded to a kiosk, it was too late and the damage had already been done. The increased media coverage on the legality of cryptocurrencies in India further added fuel to the arising of various unfortunate events with reference to this kiosk situation. Mr Sathvik was also arrested on the same accusations as of Mr Harish thereby deteriorating the condition for the brand. While the Cyber Crime Department were adamant on their statement that ‘the installation of the ATM kiosk by Unocoin at Kemp Fort Mall did not happen to post the required permission from the state government and was dealing in cryptocurrency outside the remit of the law’; Unocoin remained firm on their stance that ‘the ATM kiosk installed by Unocoin was inside the mall and no assent is required in such a scenario to run a kiosk’. The brand was strongly imposing the fact that there was no violation of the law. The organization had approached the High Court of Karnataka and had appealed that the charges pressed against them are baseless and invalid. Being involved in the legal hassles, the brand continued extending the best foot forward to clarify their position and validate their statement. The hard work finally paid off in February 2021 with the High Court’s verdict of dismissal of the case and declaration of the FIR to be invalid. Expressing his contentment over the dismissal of charges, **Mr Sathvik Vishwanath, CEO, Unocoin**, said, “we are elated that we have finally emerged victorious. This legal mishap was no less than a war and having cleared our stance feels like attaining victory. What all started as a mere confusion led to major disruptions and gave way to legal proceedings. However, we are glad that we had the support of our well-wishers and have been able to finally sail through the tough times after almost two and a half years. Things have settled now and it’s crystal clear that we did not violate any laws. Having said this, we will continue to serve the best to our customers and work towards the upliftment of the crypto community. We are very much a part of this industry and do not possess any ill intention of posing any threat to the sector. We sincerely extend our gratitude to all those who supported us during our low times. We will now work whole-heartedly towards the goals for the new year with a clear mind and focus.’’ The kiosk was set up with an aim to allow the customers to deposit or withdraw money to their Unocoin account which could further be used to sell or buy cryptocurrencies from their website or app. The ATM dealt with only cash transactions and wasn’t connected with any banking firm. Being a private entity, **Unocoin** claimed that there was no need for an approval system in place. With the High Court’s decision, the truth is finally out and the brand is on seventh heaven on being proved not guilty. **Categories:** Blog --- ### [How to Invest in Cryptocurrency](https://blog.unocoin.com/how-to-invest-in-cryptocurrency/) **Published:** March 5, 2021 **Author:** Unocoin Growth **Content:** ![how to invest in cryptocurrency](https://cdn-images-1.medium.com/max/800/1*c4qgY5dHkLQehOfb7SComA.jpeg)Investing in cryptocurrency is one of the most profitable investment strategies in 2021 as seen by many wealth managers. But not all Cryptocurrencies are going to be profitable. Finding and investing in the right crypto have doubled or even tripled investments in the past. This blog helps you how to invest and to find the best crypto to invest in 2021 depending on your preferences. We have often heard few big players tell us one thing: “be it any direction, equity makes someone to gain profit and some other a sad man.” This could be a reason for the volatile nature of stock markets. And now with more algorithmic trading taking place in the market, the art of making money has become a bit more careful than it was earlier. But, with that in the frame comes a new market, cryptocurrency, you must have heard about it and how people have made money in the past decade. Now when we have mentioned cryptocurrency, the stock markets and equity trading have taken a side seat. While you are reading this article, the volatility of the cryptocurrency either would have dropped or surged upwards. We will be discussing what to look for in a cryptocurrency that would help us to decide the best **cryptocurrency to invest in**. This article in no way guarantees the best ways of **choosing the right cryptocurrency to invest in** and advises you to research before investing. **How to Invest in Cryptocurrency?** We have seen the Indian investors investing in a very feeble manner, because of their preconceived notions about the markets being too risky to participate in. But now with increasing knowledge about the markets we have seen a surge in the number of retail investors participating actively in the market and making profits for themselves, which is not merely speculation, rather a hell of a lot of research. This tells us a lot about the nature of Indian investors but with the inception of the cryptocurrency market, what can be seen is that it is a game of demand & supply. It cannot be mastered, but moving in the market direction can help us make money in this niche as well. What should be kept in mind when **investing in cryptocurrency** is to make sure that the amount invested is risk-free. In other words, it should be the money which if lost in the market does not make any difference in your lives’ functioning. You can go on to any of the online cryptocurrency exchanges and trade easily in a hassle-free manner. What needs to be kept in mind is that this has no involvement of government in any way and they have no jurisdiction in this unregulated space. Hence, you should be aware of your actions and make them wisely. [**Unocoin**](https://unocoin.com/in) is a registered cryptocurrency exchange where trading and investing in cryptocurrency becomes hassle-free, and the user interface makes it even more intriguing. [**Unocoin**](https://unocoin.com/in) has transformed itself into one of the most popular cryptocurrencies platforms in recent times. The company’s top-notch service is the reason it is being trusted by more than thirteen lakh Indians. It is the most extensive ecosystem of cryptocurrency traders in the country. **Risk Management for Cryptocurrency Trading :** In trading what plays an important role are the risk management strategies, which makes us much more aware of the market risks. The possibility of success is immense but at the same point in time what one needs to remember is that we do not control people and their decisions. So, we need to have some strategies which may help us bearing the least losses. Following are some of the strategies to be considered: 1\. Keep in mind that the amount you are investing is not a large chunk of your capital for investments which means that if you have INR 20,000 to invest then only 4–5% of it should be invested which means INR 1,000. 2\. Of those INR 1,000, you will have to invest strategically, which means depending on the risk averseness, you will have to choose a basket of cryptocurrencies to diversify your portfolio. 3\. Place very tight stop losses which means that if the price starts to drop then it will help you get out of the market at the right time or else the losses that you will be bearing may have no limits. 4\. Never make any decision purely on the basis of expectations because then it will not be trading, rather gambling. When you are gambling, then chances of you going in the red zone are more because you are the one who chose to be vulnerable. 5\. Emotions will cost you more than the profit you might have expected to book for yourself. So, you should be content with the profits that you expected to book and get out of the market safely. 6\. If your plan is day trading then stop losses are a must as it keeps you a bit tight but what it ensures is that the losses do not surmount you and you can easily trade-in other sessions. 7\. If a long-term investment is in your plan, you should know when to get out of the market, making profits for yourself as the greed factor plays a big role. **Reporting Taxes on Cryptocurrency :** Based on the growing popularity and advantages, individuals and companies have tried to invest a big chunk of their capital in cryptocurrency. But, the taxation method and tax percentage for earning through cryptocurrencies have remained ambiguous. Hence, the Income Tax department is trying to bring in laws to tax their income which would be 20-30% of the total earnings reported through cryptocurrency. ![how to invest in cryptocurrency](https://cdn-images-1.medium.com/max/800/0*_XraPdIkpzF6Z388)**Top Cryptocurrencies to invest in:** 1\. Bitcoin — In January 2009, Satoshi Nakamoto was the one who introduced us to the world of cryptocurrency and invented bitcoin which happens to be the first cryptocurrency and has more than 60% of the market share as now. 2\. Ethereum — After bitcoin comes this another currency in the crypto world which is ether and its market cap is about $139 billion as of now, and this makes it stand second to bitcoin. It pioneers in running smart contracts and allows the issuance of tokens. 3\. Bitcoin Cash — With the increasing demand for bitcoin the transaction fees started to see a spike which demanded an updated database and then they came up with Bitcoin Cash as an Alternative currency or altcoin to bitcoin. **Frequently Asked Question (FAQs)** 1. **Is cryptocurrency a good investment?** Answer : 1\. Based on the past performance, certainly! Investing in cryptocurrencies will never give you a bad taste unless you are not prepared to enter the market. 2\. It is in the very initial stages as of now and has not been utilized as it should be. There is a reason for the same because it is a digital currency and not many nations have approved and considered it as a legal tender. This means on the part of government and regulator involvement, it has been kept out for a long time. 3\. This is a currency that has appreciated 320 million times since its inception in the year Jan 2009. On the contrary, we have Pounds Sterling which is the oldest currency in the world as of now, and it has appreciated only 16000 times till now. 4\. The worldly affairs do not control or manipulate their prices. In other words, macroeconomic concepts such as inflation do not affect the price of the cryptocurrency in a negative way. It is one of the volatile yet booming investments. 5\. Entering the market as of now will make you stand in a better position as de mand has not surpassed the supply. Once it does, it may become costlier to invest in cryptocurrency. **2. Which cryptocurrency is best to invest in 2021?** Answer: The market leader, since its inception, has been bitcoin because it is the first available cryptocurrency. The reasons might include its decentralized nature and the network-effect. But ether can also be considered as a good option because it has made a market share for itself for being one of the best altcoins in the market. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Regulation: Countries where bitcoin is Legal](https://blog.unocoin.com/bitcoin-regulation-countries-where-bitcoin-is-legal/) **Published:** March 15, 2021 **Author:** Unocoin Growth **Content:** Many countries have regulated the law for cryptocurrency like Bitcoin, whereas some countries have entirely banned it. In this blog, we will see in detail the countries that have taken a legal stance about Bitcoin. The peer-to-peer digital currency Bitcoin made its appearance in the year 2009 and, along with it, came in a novel age of cryptocurrency. While enforcement agencies, tax officials, and controls worldwide are still arguing about its legalization, one pertinent question is: Is Bitcoin legal in India? The answer to this question is — it depends on the activity of the user. Bitcoins are not sponsored, issued, or controlled by any central bank. Instead, it is built through a computer-generated method perceived as mining. Besides being a cryptocurrency unattached to any government, Bitcoin is a peer-to-peer repayment system as it does not exist in a tangible form. As such, it extends a comfortable way to administer cross-border businesses with no exchange rate charges. It also enables users to remain unidentified, if the user intends to do so. Customers have a more prominent capacity to buy goods and services with Bitcoin trading directly at online retailers, draw funds out of Bitcoin ATMs, and utilize Bitcoin at any brick-and-mortar shops if it is allowed in that region. The currency is being patronized on exchanges & virtual currency-related investments, and ICOs attract interest from across the investment spectrum. While Bitcoin, at a glimpse, appears to be a well-established virtual currency scheme, there are yet no consistent international laws that govern Bitcoin. Speaking of the usages of Bitcoin, Unocoin is India’s most trusted bitcoin trading site and is the most extensive ecosystem of bitcoin traders in the country. Unocoin has moulded into one of the most successful Bitcoin and Ether trading platforms in modern times. To render more reliable services, they add various other components to their ecosystem. They believe that “continuously promoting stable and choicest quality service is the best means to advance this industry”. They will advance to enhance their services, as they are committed to administering the best. ![Bitcoin Regulation: Countries where bitcoin is Legal](https://cdn-images-1.medium.com/max/800/1*BlwhHihe0kaHnJ4zsth_EA.png)**Countries that have legalised Bitcoins:** Bitcoin can be utilised anonymously to carry transactions among any record-holders, anytime and anywhere in the world. This makes it appealing to offenders and terror groups. They might adopt Bitcoin to purchase or trade illicit goods like arms or drugs. Most nations have not defined the legality of Bitcoin, rather favouring adopting a wait-and-watch strategy. Some nations have obliquely consented to legalise the usage of Bitcoin by establishing some regulatory oversight. However, Bitcoin is never legitimately admissible as a replacement for a country’s legal tender. However, being based on blockchain technology which is open source, bitcoin is the most secure, transparent, and public way of exchange of money. Efficiency in both speed and price for the transfer of funds using crypto is unparalleled. These benefits are of a bigger impact than the negative use cases. The wrongdoings on the bitcoins are more traceable and become a permanent record as compared to cash-based transactions. Last but not the least, with premium vendors like Unocoin, which requires its users to go through a scrutinised KYC process, everything is kept track of. Mentioned below is a list of countries that have legalised bitcoin in 2020. **1. Japan** Being one of the speediest, developing, technology-oriented & global business enthusiast, Japan had to sanction Bitcoins sooner or later. The country’s legislature has established a special PSA (Payment Services Act) based structure which enables some cryptocurrencies and some exchanges to be accepted for trading and payment purposes. Japan is now among the top bitcoin countries broadly recognised as a centre for a cryptocurrency exchange or trading in Asia. **2. United States** In 2013, the US government admitted bitcoin as a decentralised virtual currency that can be utilised for performing transactions. It was incorporated as stock in September 2015 by CFTC. Bitcoin is additionally chargeable as assets. To conclude, bitcoin is licensed in the USA. However, the level of grant for the usage of bitcoin depends on the states. Ex. NYC has a “bit-licence” where there is 100 legal freedom to use bitcoins. But, there is no interpretation of additional cryptocurrencies’ legalisation. **3. Germany** Germany has fully legalised bitcoin, enabling residents to trade and transact in this currency. Germany is one of those few European nations that support cryptocurrencies and is also actively implicated in the evolution of blockchain solutions. The acceptance of Bitcoin by the German parliament has further augmented its value in the global market. **4. France** By circulating a regulatory bill on 11 July 2014, France has legalised the administration of bitcoin. Along with cryptocurrency exchanges and taxation, the country presented authorisation to those involved in the use and trading of such currencies. **5. Malta** Malta has affixed its name to the running list of nations that are eventually admitting bitcoin and other cryptocurrencies as a legal method for digital businesses. The government of Malta lately passed the bills concerning the direction of cryptocurrency and ICOs in the nation, which authoritatively declares it a fully-fledged crypto-legal nation. **6. Canada** The Canadian parliament admitted Impak Coin as its primary legalised cryptocurrency in August 2017. The Quebec governing officials had earlier legalised bitcoin for some confined business types, including exchanges and ATMs. Yet, the Bank of Montreal and some additional Canadian counties/provinces do not permit their clients to utilise their bank cards for handling cryptocurrency transactions. **7. Thailand** In 2017, The Bank of Thailand had legalised the usage of bitcoin in the country. The trading and exchange of digital currencies are permitted given that due care is taken. Only authorised bitcoin transactions are permitted to exchange cryptocurrencies in Thailand. **8. India** India has eventually determined to move along with the cryptocurrency, and leading on the list would be bitcoin. The nation has composed some specific outlines for bitcoin trading and has lately resolved to tax virtual currency trading. The Indian administration will sooner or later regularise the cryptocurrency in the country with some specific laws, provisions, and regulations. “We want to make sure that there is a window available for all kinds of experiments which will have to take place in the crypto world. We are not closing our minds.” This statement made recently by The Finance Minister of India brings new hope for crypto lovers. **9. Russia** The Federal Tax Service of Russia proclaimed bitcoins as “not illegal” in an announcement made in November 2016. Even though it does not state whether bitcoins or any other Cryptocurrency is legal or illegal in the country. People are permitted to buy, exchange or trade-in virtual currencies at their risk. The administration doesn’t control or support the exchange of cryptocurrencies; however, these are not outlawed from operating. **10. Singapore** The usage and trading of bitcoin and other famous virtual currencies are legalised in Singapore. However, the council doesn’t regulate the actions or value of these currencies. Cryptocurrencies, by type, are deemed to be unregulated. Therefore, it shouldn’t be a predicament for traders and consumers in Singapore to unobstructedly use cryptocurre ncies. The usage of bitcoin is taxable in some cases in Singapore. **Frequently Asked Questions –** 1. **In which country bitcoin is legal?** Several countries in the world have legalised bitcoins. Some of them are Japan, U.S.A, India, Singapore and many more. **2. Why is Bitcoin illegal in some countries?** A few countries are cautious of legalising it because of its volatility, decentralised nature, perceived threat to current monetary systems, and links to illicit activities, like drug trafficking and money laundering. **3. Which countries have the most bitcoin?** As per the highly looked up and seasoned crypto traders and financial advisors, The United States of America holds the highest number of bitcoins in the world. Although Bitcoin is now roughly 12 years old, many nations still do not have specific policies that limit, control or forbid cryptocurrency. The anonymous and decentralised nature of Bitcoin has questioned many governments on how to grant legal use while preventing unauthorised transactions. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Ethereum Forecast: The future of Cryptocurrency?](https://blog.unocoin.com/ethereum-forecast-the-future-of-cryptocurrency/) **Published:** March 18, 2021 **Author:** Unocoin Growth **Content:** Ether (ETH) is a kind of digital currency that is predominantly decentralized and operates using peer-to-peer cryptocurrency. It fuels the blockchain called Ethereum. It may not seem like a contender to bitcoin just yet, but there is a future for Ethereum in foretelling, as we are going to explain in this article. ![Ethereum Forecast: The future of Cryptocurrency?](https://cdn-images-1.medium.com/max/800/1*gUij2jmrT-VBK_tN2kuMcg.jpeg)A simple description of Ethereum can be — a decentralized, open-source blockchain protocol featuring smart contract functionality. It was founded in 2013 by Vitalik Buterin, a Canadian-Russian programmer. Its development was crowdfunded in 2014, and the network went live on the 30th of July 2015, with 72 million coins pre-mined. The Ethereum Virtual Machine can carry out a compilation of smart contracts and can run localized applications as well. Ethereum is also used for decentralized finance and has been utilized for many initial coin offerings. In 2016, an unidentified hacker exposed a flaw in a third-party project called the DAO and stole approximately $50 million of Ether. Due to this, the Ethereum community decided to hard fork to reverse the action and Ether Classic continued as the original chain. ETH has also started implementing a series of upgrades called Ethereum 2.0, which includes a transition to proof of stake and increased transaction throughput using sharding. The experts believe that in the year 2021, Ethereum would also gain its hold in the market and thus, be no less than Bitcoin in any way. It is also thought likely that Ethereum will solidify its place as the future substrate of the global digital economy by underwriting the world’s contracts. The crust of the whole point is that the future of Ether looks quite huge and promising to invest in. Ethereum is a network of computer systems that construct and reach an agreement on an all-time developing series of “blocks”, or batches of transactions, known as a blockchain. Each block contains a unique identifier of the block that should cling to the chain if it is stated to be valid. As soon as a node joins a block to its chain, it executes the transactions in their programmed order, thus altering the ETH balances and other storage values of the accounts. These defined values and balances collectively referred to as the state, are maintained on the node’s computer separately from the Ethereum blockchain. Ether (ETH) is a cryptocurrency made solely by the Ethereum protocol and plays a crucial part in the overall operation of the network. It acts as an incentive mechanism to the crypto-miners to validate blocks in the Ethereum blockchain. ETH is by far the sole currency accepted in the remittance of transaction fees, which also go to the crypto-miners. Every account has an overall ETH balance and may send it to any account elsewhere too. Unocoin is believed to be certainly the best platform in India for the buying and selling of cryptocurrencies including ETH which is technically a fuel for executing smart contracts on the ethereum network. On the day of writing this article each ETH cost about 1.4 Lakhs INR. Unocoin also provides unique features like recurring auto-buy features ( Systematic buying Plan) and Crypto basket buys including Ether. The most admired Bitcoin (BTC) is also available at Unocoin and it can be purchased in a similar SBP. At the time of writing 1 BTC is worth about 43.5 Lakh INR. BTC to/from INR, ETH to/from INR are instantaneous at Unocoin. It takes less than 10 minutes to [signup](https://www.unocoin.com) and submit the KYC documents and purchase your first Bitcoin or Ether at Unocoin. The company’s top-notch service is the reason more than 1.3 million Indians are trusting it. Here are a few points to give you an idea of how Ether is different when compared to traditional money: - ETH lets you be your bank. You can control your funds with your wallet as proof of ownership — no third parties necessary. Ethereum is the most actively used blockchain. - Cyber money may be new in the trend, but it is secured by proven cryptography. This assures you that your wallet, your ETH, and your transactions are safe and secure. - One can send his/her ETH without any intermediary service like a bank. It is the same as handing cash over in-person, but you can do it securely with anyone, anywhere, anytime. - Ether is localized as well as global. No company or bank can decide whether to print more ETH or replace the terms of use. - An individual just needs an internet connection and a wallet to accept ETH. There is no need to access a bank account to accept payments. - Ether can be broken down up to 18 decimal places so that there is no need to buy one whole ETH. You can buy small parts at a particular time as well — as little as 0.0000000000001 ETH if you want. ETH is valuable in different ways to different people. For users of Ethereum, it is valuable because it lets them pay Ethereum transaction fees. Recently, Ether has come out to be of immense value to users of Ethereum based commercial apps. This is because an individual can use it as security for crypto loans and payment systems too. This should also be noted that many users also see it as an investment, like Bitcoin or other cryptocurrencies in the market. The overall supply amount of Ether was approximately 110.5 million as of the 16th of April 2020. In the financial year 2017, mining produced about 9.2 million fresh Ether in the market, corresponding to a 10% increase in its total grant. The sudden change to Ethereum 2.0 may restrain the overall supply of Ether. But for now, there is no implemented hard cap on the total production of Ether. Average Ethereum’s transaction fees can spike during periods of congestion on the network, as they did from 2017 to early 2018 crypto boom, where they reached around 3 USD. Though there are some fluctuations now and then, investment experts believe that 2021 will be the correct time to go forward with Ether investments. The Ether price is not fixed at all; that is, it varies with some ups and downs. Though it is commonly believed that the price of ETH follows bitcoin, research shows that ETH is an independent asset. However, if analyzed on a wider time frame, it turns out that the prices of most cryptocurrencies, especially Ether, could mostly depend on the valuation of Bitcoin. Lastly, Investing in Ether can be a good option and one may consider investing in cryptocurrencies to explore the new and interesting things going on in the market. However, it is highly advisable to DYOR — Do Your Own Research before investing in any cryptocurrencies. FAQs: 1. Will Ethereum go up? Answer: Market experts believe that the price of Ether has a good growth potential. An individual just needs to put in the effort in researching and identify the correct time to invest in getting guaranteed returns. 2\. Is Ether a good investment? Answer: Ethereum is one of the pioneer protocols in the crypto space and has good utility factors. Hence Ether has good prospective potential in the long term future. It can be easily estimated from the yearly analysis that these investments prove beneficial in the long run, however, crypto assets are considered to be very volatile. 3\. What will Ether be worth in 2021? Answer: To keep it short, Ether prices could likely rise in 2021. The exact price prediction is very difficult given the nascent stage of the technology and the crypto space. 4\. Where can I start trading/investing Ether (ETH) from? Answer: [Unocoin](https://www.unocoin.com), being the pioneer in the Indian Crypto space since 2013, provides a seamless user experience for first-time investors. Users can trade Ether and many other renowned cryptos. Unocoin also provides unparalleled features like auto-sell, Systematic buying Plan, Crypto basket, etc. On top of it, they have an excellent customer support team for user’s best trading experience. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Everything you need to know about free cloud mining](https://blog.unocoin.com/everything-you-need-to-know-about-free-cloud-mining/) **Published:** March 23, 2021 **Author:** Unocoin Growth **Content:** If you are actively looking for an article on how to mine bitcoin using cloud mining, you are at the right place. This blog covers what cloud mining is and how to mine bitcoin for using cloud mining. **Cloud mining** Cloud mining is all about operating a distant datacenter with collective processing energy contracted through a cloud mining company. This type of mining enables the users to mine legit bitcoins without having to use their own hardware. This allows the users to select the desired amount of hashing power and also a period for the contract. You can open an account and remotely participate in the process of cryptocurrency mining. Since this type of mining happens via the cloud, it breaks issues such as direct energy costs or equipment maintenance. The users generally only pay the rent for hardware and the management of the hardware is free of cost. Each user will earn a pro-rata share of the gains to the amount of hashing power rented. **About** [**Unocoin**](https://unocoin.com/in) [Unocoin](https://unocoin.com/in) is Indias’ leading bitcoin company. They enable their users to buy, sell, store, use, and accept bitcoins and other cryptocurrencies. Additionally, they provide bitcoin exchange and OTC (Over The Counter) services and facilitate their users with a mobile app on Android and iOS devices. Unocoin also provides wallet services that can be used to store the bitcoin or other crypto assets mined through cloud mining. ![Everything you need to know about free cloud mining](https://blog.unocoin.com/wp-content/uploads/2022/07/4dbb4-19trzbbc1-tlpmw-zueeeeq.jpeg)- **Is cloud mining profitable?** Bitcoin cloud mining, like if it is entirely safe in the bitcoin mining world can be a delicate thing to determine. It takes some time to see the return on your investment compared to other alternatives such as buying and selling bitcoin. Nevertheless, most of the time, bitcoin cloud mining is profitable. Since bitcoin mining at home is so expensive, many users opt for cheaper solutions that do not involve owning hardware that eats up electricity and will become outdated quickly. Such solutions are possible due to economies of scale that can be achieved through cloud mining. Here are some reasons why cloud mining is more efficient and profitable: - **Ease of investment** One should not be involved in the hassles of buying and managing costly equipment to run a data center for a mining project. With cloud mining, all you need to do is leverage on bitcoin cloud mining services sites. - **Flexible investment options** Cloud mining investment comes with options with regards to which crypto you want to invest. You can choose bitcoin, Ethereum, and Litecoin or can split your investment among them. Let us look at the pros and cons clearly: **The pros:** - **Higher profits** As the mining providers optimize everything and make bitcoin mining cheaper for you, it yields out higher returns. - **A tranquil and cool home** No more heat and sound. - **Less electricity** Less consumption of electricity will result in lesser electricity bills. - **No equipment maintenance** You need not worry about the configuration of the hardware and selling them when they stop being profitable. - **Simple and ready for use** You can sign up and start mining with these providers within minutes. **The cons:** - **Scam risk** It involves the risk of being scammed. If any bitcoin auto mining site offers you exceptional returns on your investment, try to stay away from it and do proper research. - **Cost of mining operations** You will have to pay for the hardware management cost. - **Unpredictable profit** Returns depend upon various factors. It may become non-profitable if the value of the coin goes down. You need to consider these pros and cons if you wish to become a bitcoin cloud miner by opening an account in any bitcoin mining sites. 5 best legit and trusted cloud mining sites Here are the 5 best-trusted cloud mining sites for legit bitcoin mining 1. **BEMINE** - It provides its services in Russia and CIS countries. They operate more than ~70,000Th/s placed in Siberia, Moscow, Irkutsk, Almaty and Chelyabinsk region. They keep on scaling as they are specialists who understand blockchain trends. They have announced that they would come to DeFi in mid-2021, bringing flexibility and transparency to the cloud mining paradigm. **2. ECOS** ECOS is a legal cloud mining service provider based in the Free Economic Zone in Armenia. The company has more than 40,000 users all over the world and is now expanding its ecosystem with various DeFi services. They provide only bitcoin cloud mining services with different ranges of mining contracts. They are well known for their legal services with modern equipment and a wide range of tax-free contracts. **3. Bitcoin Pool** Bitcoin Pool is provided directly by Bitcoin.com and aims to provide the most determined cloud mining service. They proclaim that they yield the highest PPS (Pay Per Share) pool globally with a 98% block reward. You can set up and start mining easily & immediately, either on Bitcoin Core (BTC) or Bitcoin Cash (BCH), whichever seems the most profitable to you. Users can keep track of their account usage and value on their mobile app for Android and iOS device. **4. Hashnest** Hashnest hosts multiple brands of miners like Whatsminer M21S, M20S, Antiminer S17, S15, Z11, etc. You can mine Litecoin, Bitcoin, Zcash, and Dash here with lifetime contracts. It is incredibly advantageous to those who want to mine long term, as they could acquire a large number of coins for the long mining period. Users can also buy or sell hash rates on the Hashnest market. **5. HashFlare** It was created by specialists from HashCoins in 2015. It became one of the largest computational power providers for mining Litecoin, Bitcoin, Ethereum, and other cryptocurrencies. It became an independent company in 2016, and its variety of equipment significantly increased. The team of HashFlare has made mining accessible for common users, and their tremendous work has made them successful in providing their service to over 25,00,000 users. **FAQs –** 1. **How does cloud mining work?** Cloud mining uses rented cloud computing power without the installation of the related software and hardware. This can hence run directly. **2. Is cloud mining safe?** You can not guarantee when you don’t have control over your mining gear. So, it is advisable to invest only in the trusted sites. **3. Is cloud mining live legit?** Yes, it is legit, but it depends on the company you choose to invest in and also abiding by your country’s law. So, be careful while selecting a cloud mining services company. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What are NFTs?](https://blog.unocoin.com/what-are-nfts/) **Published:** March 25, 2021 **Author:** Unocoin Growth **Content:** Have you ever imagined you can sell your high school pokemon card or your first Instagram post in thousands or even a million dollars? Well, that is what you might be able to do in today’s time and become rich to buy your dream car! Thanks to the blockchain! Whether you are into bitcoin & cryptocurrencies or not, you would probably have heard and come across NFTs and wondering what these NFTs are? Why are NFTs trending all over the place? Why are your favourite celebrities talking about NFT? Recently Jack Dorsey, the founder of Twitter put up his first tweet on auction and the highest bid was 2.5 million USD. From tweets to Instagram posts, digital art to music albums, sports highlights to gaming, anything that digital is now selling as cryptocurrency collectables is called NFTs. Electronic music producer 3LAU — pronounced “Blau” — sold the world’s first digital tokenized album on Sunday, generating over $11.6 million in online sales in under 24 hours. ![](https://cdn-images-1.medium.com/max/800/1*eASCKSRzRzm2N9fbHZasjQ.jpeg)**What are NFTs?** A non-fungible token (NFT) is a unique, individual token existing on a blockchain such as Ethereum. Unlike cryptocurrencies like bitcoin, each NFT token contains unique data, meaning non-fungible tokens are not interchangeable with each other. This non-fungible nature of the tokens means their use cases differ greatly from their fungible counterparts. Let’s take an example. You and I have 2000 INR notes. Even if we exchange the note, the value remains the same for both INR notes. But in the case of NFTs, suppose, I have a painting and you also have another painting, still, it won’t be the same considering the variation in creation date, design, and the quality of the painting. Meaning, NFTs are unique. Anything we can think of can be made as NFT. Until today most NFTs are digital tokens, art, music, videos, etc. Some day you can also put your land, house, and other physical objects into NFT. NFT allows creators, artists, writers, and anyone to sell their art and creation to make a living with crypto. But do you think an NFT, a single tweet, or a graphic design can worth so much? It may not! It is valuable only because people think, just so as we think a paper note is valuable. Imagine you are living during the time of ancient Egypt, the king and other royal nobles of the kingdom collect crafts and valuable precious items because they believe it was collectable, rare, immutable, unique and can be exchanged to save their noble families who are held hostages during wartime. The only difference today with NFT is that they are digital. ### History and the rise of NFTs. Since time immemorial, ancient men have used crafts, art, services, and products for barter exchanges. Collectable things have always held value for man. Before fiat money was issued, anyone could exchange something valuable for something they need or want. The paper notes you and I hold have real value only because it is issued by the government. If precious stone holds value during the ancient and medieval period, for sure a digital art, a music album, a piece of content surely holds value in our modern time. ### A new market, a new opportunity Our life is now experiencing one of the worst unprecedented pandemics in human history since 2020. With the crises and collapse of the economy, new opportunities are born, human ingenuity thrives to find new ways for their life and upbringing. NFT rise during the crises, gave birth to the new economy rising from some $20s Billion in 2017 to nearly $400 Billion worth of [economy](https://investorplace.com/what-are-nfts-an-investors-guide/) in 2021. Things that could not be traded before can now be traded as NFTs. Artists can now sell more albums, designers can now sell their creations that may even worth millions of dollars, athletes can now sell their highlight videos, influencers can sell their posts and contents, and even memers can sell their memes. ### NFTs and Ethereum NFTs are powered by smart contracts on the ethereum blockchain that prove your ownership. It means you put your digital signature on the ethereum blockchain which makes it nearly impossible to hack and that you own complete copyright of your NFT. Through the ethereum network, you can trade your NFT peer-to-peer where you don’t have to risk your trust on some third-party platform. You can buy Ethereum [here](https://unocoin.sng.link/Awg8j/muop/1q7i). Having your NFT on the ethereum blockchain proves your ownership. Other blockchain ecosystems like ADA (Cardano) also power NFTs. **What gives an NFT its value?** There are a ton of reasons to buy NFTs. 1. Unique — Each NFT is unique, it is the only one of its kind. You cannot make another NFT that has the same token number on the same smart contract. Meaning, there will only ever be one of that token. This is verified by the blockchain and can be seen by anyone. You may argue that digital NFT can be easily downloaded or saved on your personal computer, but you won’t be able to get the ownership that is held in blockchain. 2. Copyright — Most if not all NFTs come with copyright. The idea is that you have an ownership right for your NFT in a way that you have your digital signature on the blockchain. They exist as numbers and strings on the blockchain ledger which contain the information of the owner and NFT asset. So just like a bank ledger, this blockchain will record when the blockchain was created, when it was sold, and who owns it. This information is encrypted to ensure NFT is authentic. 3. Rare — Since they are unique and cannot be copied, they are rare. Most of the time, there are very few NFTs from an artist or seller — very rarely do they have 1000s of NFTs. Therefore, you can safely assume you would be one of the few people in the world that owns a collectable item that can be resold. 4. Collectible — These NFTs/items are collectable. You can hold onto them, and their value will generally only go up in price since there are no ways to dilute the collection. Buying them to resell them can earn you thousands of dollars. There are plenty of people who do it every day and earn a living from it. 5. Downloadable — In most applications, only the current owner of the NFT can download the file attached to it, making it accessible to the owner. If your NFT has something like, game assets, music, a PDF, or more assets locked inside it, you might want to buy the NFT just to download that song/PDF/etc. 6. Immutable — No one can change the metadata on the token, no one can remove your image or the name of the token. This means it will never change, it will never be removed, it cannot be taken down off the blockchain. This is what gives it so much value and collectibility. 7. Forever — NFTs are forever. Because the data doesn’t change, and because the blockchain is forever, you will always have that token if you buy it. You can always resell that token if you want. It’s like buying a bar of gold — you own it, and you can do what you want with it. 8. Resellable — You can always resell your NFT. You SHOULD resell your NFT and trade it. You can make some serious cash trading NFTs. Some NFTs have gone for 20,000+ USD when the original buyer only bought it for a few thousand dollars making them over 15,000 USD in a short time in ONE trade! ### Conclusion The NFT market is going crazy for some weeks now. It’s up to you whether you are convinced that NFT is valuable or not. But people are buying it and these collectables are rare, unique, and here to stay for some time. The digital world is changing at an unprecedented pace, blockchain today is the world wide web of the 1990s. In some 5 years or so, almost everything you could imagine from retail to anything that deals with data will be built on the blockchain. Buying an ethereum today is like buying a part of the internet in the 1990s. For sure, there is doubt and questions unanswered around this new upcoming disruptive innovation, but the fear of missing out will grow bigger too. 2021 is a year for crypto and so is for NFT too. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Top 10 Bitcoin Investing Sites](https://blog.unocoin.com/top-10-bitcoin-investing-sites/) **Published:** April 1, 2021 **Author:** Unocoin Growth **Content:** There are a bunch of bitcoin investing sites out in the market. Not all bitcoin investing sites are legit. In this blog, we have listed the known most trusted, most regulated, and secure bitcoin investing sites. ![Top 10 Bitcoin Investing Sites](https://cdn-images-1.medium.com/max/800/1*-VxWpXLXu22syFm9EDe0wg.png)Bitcoin investment is not a new concept. Yet, it has grown its popularity in recent years because cryptocurrency is in vogue and Bitcoin has acceptance worldwide. Bitcoin was developed to serve as a worldwide currency to replace government-issued currencies. Bitcoin seems to work the same as gold; one can easily buy assets or cash whenever one is in need. From its past data, its high liquidity value makes it a great investment for long as well as short tenure. In general, one can buy bitcoin and keep it until its market value is high, and when that happens, one can easily liquidate them. The prices of currency have been driven high by various factors, including increased acceptance during the pandemic. Globally, hefty performing payments firms like PayPal, and Indian lenders like State Bank of India, ICICI Bank, HDFC Bank, and Yes Bank, have given legitimacy to Blockchain technology through some of their decisions. As there are so many websites and exchanges that give people options for investment, people who are curious about Bitcoin investment are not often sure where to begin. There are also innumerable hoaxes involved, and investors may not know how to differentiate a scam from a real deal. One should consider the following factors before selecting any Bitcoin investment site. - **Secure**: select the ones which are the least vulnerable to the cyber attack. - **Trustworthy**: opt for those sites that have proven their loyalty, and have proof of payments. - **Legitimate**: one should always look for the sites that are registered as legit by the law if applicable. **How to invest in bitcoin?** Selecting an Exchange: Signing up for a cryptocurrency exchange allows one to purchase, sell, and hold a cryptocurrency. Users should always look for an exchange that allows them to withdraw their cryptocurrency to the wallet. Most of the trusted sites have this feature. It helps to keep one’s coins safe from any cyber attack. Linking one’s exchange to a payment option: Once one has chosen an exchange, one now will be asked for information like bank account details or credit/debit card details. One needs to prove their identity with a passport, driving license, or any other ID. After verification, one can buy bitcoin with the chosen payment option. Order placement: After being verified, one can buy bitcoin and other cryptocurrencies. After buying one can keep them safe in a wallet that can only be accessed by the user mostly likely protected by a password and a 2 Factor authentication. For safekeeping or when the market value is high or when the user needs money, validation of the asset can be done. ### Based on our research, here are the top ten Bitcoin Investment Sites in 2020: ### Unocoin [Unocoin](https://unocoin.com/in) is India’s most trusted crypto exchange. Founded in 2013, it has already witnessed trades from 1.3 million customers. One can purchase Bitcoin, Ethereum and Tether on this platform. It offers trading of a variety of digital assets on a secure and intuitive trading platform. It has an app both for Android and iOS, and a dedicated website with the fastest service in the industry. It has intelligent features such as recurring auto-buy, merchant services app. ### eToro Today everyone is well aware of the site eToro. It is one of the top choices of bitcoin investors. Its journey began in 2006, and today it has users spread over 170 countries around the world. It has earned a place in the list of trusted bitcoin investing sites in 2020. eToro has a user-friendly interface and helps to learn new strategies from professional traders. It provides various ways in which investments can be made and diversified. ### BlockFi BlockFi allows its investors to earn up to 8.6% annually on their cryptocurrencies with no hidden fees for its account interest. BlockFi is one of the few sites which allows the user to borrow coins whenever they need capital. One doesn’t need to sell one’s crypto assets just to access cash. BlockFi lets one borrow USD to meet his/her needs — whether that’s buying a home or acquiring more crypto. Therefore, through this mechanism, users don’t need to sell their cryptos. ### Robinhood Robinhood offers fee-free services to its users. One can buy-sell bitcoin and other digital currencies on this platform without paying any extra fee. Robinhood is protected by Securities Investor Protection Corporation (SIPC) which means that one’s money is comparatively safe. Apart from security, it provides traders and investors alike with numerous options right at the touch of their fingers. It also has an innovative, user-friendly mobile app. ### Bitcoin IRA Bitcoin IRA is the world’s first, largest, and most secure cryptocurrency IRA (Individual Retirement Account) platform used by thousands of clients and account holders. A little different to other platforms, Bitcoin IRA combines the best of being both a crypto wallet and an exchange. It also combines the benefits of supporting IRA as well as offering the exchange of currency as opposed to exchanges and wallets Bitcoin IRA is even accessible to beginners, as it allows deposit as low as USD 3,000 to register an account. ### **HitBTC** It has the best technology that helps one to trade easily and efficiently. Its 2-factor authentication and advanced encryption technology help one to be carefree towards their capitals. It offers a high volume of Bitcoin trade, making it a good investment site. ### **Binance** This platform is the largest cryptocurrency exchange by trade volume and is known to be the fastest in the world. On Binance, professionals and beginners are well catered as it offers more than 400 coins that can be exchanged. It is an easy platform to navigate, and it features both a basic and an advanced trading screen and a proprietary mobile app that can be used. ### Kraken Kraken is one of the best exchanges in the cryptocurrency market. It is designed to streamline the bitcoin exchange for beginners and professionals alike. Most of the assets on this platform are held in cold wallets to keep them safe and away from bad actors. It helps to measure one’s portfolio’s performance and keep track of all digital assets in one convenient place. ### Coinmama This platform offers various payment options ranging from Credit card, Debit card, Apple pay, or bank transfer. It works in the same way that a bank would, and when purchasing coins, they are sent to a digital wallet. This platform’s financial services make it faster and safer to buy cryptocurrency all around the world. ### Coinbase Founded in 2012, Coinbase has the revolutionary idea that anyone, anywhere, should be able to smoothly and securely access Bitcoin. It helps people to see cryptocurrency as the future of money and a catalyst for creating an open financial system around the world. Today, Coinbase has over 35 million people in more than 100 countries who trust to buy, sell, store, use and earn cryptocurrency. ### FAQs: 1. How do I get started with Bitcoin? Ans: Step 1: Create a Bitcoin Wallet Step 2: Buy/earn your First Bitcoin and get it sent to your wallet Step 3: Send and Receive Bitcoin 2\. Which is the best Bitcoin investment site? Ans: [**Unocoin**](https://www.unocoin.com/in) 3\. What is the minimum amount to invest in Bitcoin? Ans: It majorly depends on the platform that one chooses. With respect to Unocoin, the minimum amount that needs to be deposited to perform any transaction is INR 1000. To buy bitcoin, you can buy as little as INR 200 worth of Bitcoin on Unocoin and get started. Its customers can also opt for Systematic Buying Plan (SBP) to buy bitcoin at regular intervals of daily, weekly, or monthly for as low as INR 10 only! [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [DeFi- The future of Finance?](https://blog.unocoin.com/defi-the-future-of-finance/) **Published:** April 5, 2021 **Author:** Unocoin Growth **Content:** Let us go back to the history of money; precisely the history of financial banking. Banking started with the need to finance farming, tradings, and merchants of ancient civilizations. For example, in ancient Rome, the temple priests would often give loans in silver, gold, or any metal coins to farmers so that they could buy grains for their farming. Later during harvesting, the farmers would pay back to the temple. Or how during the Vikings era, the earls would often finance their raiders to other cities or kingdoms, and when they would return they would share the profits. Thus, the concept of lending, borrowing, and storing has been practiced since time immemorial. With the progression of civilization and the generation of economy, nation-states started to form. With nation-states, modern days’ banking started to rise which were directly controlled by centralized institutions (government). The standard of living upgraded and people started borrowing more money as loans to create businesses. Banks started giving more and more credit to anyone willing to take, thereby issuing more bonds, while the borrowers got into debts. After World War 2, the United States economy boomed as the result of their victory, and the 1944 Bretton Woods Agreement made the US dollar the world reserve currency. The central banks linked their currency to the U.S dollar which was linked with gold. Until August 1971, the entire world’s money was backed by gold that was stored in the United States treasury. With the suspension of the convertibility of the dollar into gold, the central banks across the world took advantage to print more and more paper money out of the thin air, causing inflation and shifting the production economy to a speculation economy. Today this speculation economy led to the rise of the stock market, creating wealth for investors and generating an economy. The financial industry evolved with advancements in technology and time. From manual records to electronic and digital trading, from hard paper records to digital bank ledgers, from cheques to the creation of ATM, modern-day banks play a huge role in the national economy, yet, it is far from perfect; there are issues unsolved. Financial decisions are made only by a privileged few behind closed doors. Inefficiencies in bank processes, billions of dollars scandals, frauds and scams around financial institutions, non-transparency in storing of values, and financial institutions being controlled only by top banks are some of the few loopholes. These in turn controls the majority of the transactions, leaving the common men with no choice but to compel them to abide by their rules and regulations. That finally brings us to Decentralize Finance. ![DeFi- The future of Finance?](https://cdn-images-1.medium.com/max/800/1*QUYxB3KRVsVW27JfLKU1MQ.jpeg)### What is Decentralized Finance? Decentralized Finance or DeFi is a financial concept that leverages the idea of Cryptography, Decentralization, and Blockchain & providing financial services like buying, selling, lending, borrowing, and trading in a more efficient, fair, and open manner. The core ideas that shape DeFi are: 1. Efficient- Transaction and trading using a DeFi application are almost seamless, with no third-party involved, every process takes place in a network and takes just a few fractions of a second. 2. Fair and Trustless- Since there is no third party involved, there is no one to put your trust to. It is only the protocols written in the code that will execute all the transactions. With no third party involved, this peer-to-peer transaction is fair. The protocols work on the IF-THEN concept, for example, if \*this\* then \*this\*, if the IF doesn’t meet the condition, then the THEN cannot be executed. 3. Open and Transparent- All the DeFi applications are open source meaning you can see how the code and all the protocols are written making it completely transparent. All the transactions ledger are made public and distributed. ### History of DeFi Exactly 45 days after Lehman Brothers declared bankruptcy, on October 31st, 2008 a nine-page whitepaper was released by pseudonym Satoshi Nakamoto, never did we know that this would lead to change so much of our world. Thanks to Blockchain Technology. The history of DeFi starts with the start of bitcoin, though bitcoin may not fully support all the other financial services like other DeFi projects. Satoshi Nakomoto, whose identity is still unknown to this day, through his Bitcoin gives an intuition of decentralized finance. Bitcoin is the outcome of the Peer-to-Peer Electronic Cash System whitepaper, a way of sending and receiving money without the need of intermediaries. Bitcoin technology giving rise to DeFi inspired other innovators. In 2015 Vitalik Buterin created Ethereum which brought a whole new level to what DeFi is today. Most of the DeFi projects are now built on the Ethereum blockchain. From Decentralized Exchanges to ICOs, the Ethereum power blockchain is used to build other DeFi projects and the rest is history. ### DeFi and Smart Contracts By now you would have probably known that Decentralized Finance is based on Smart Contracts. Let us dive deeper into what exactly smart contracts are. Take for example a coca-cola vending machine. If a bottle of coca-cola costs ₹20/- and you put only ₹10/-, the machine will not give you coca-cola, you will get your coca-cola only if you put ₹20/-. Smart Contracts work in the same way. To execute the transaction the conditions should be met. It uses the IF-THEN function, meaning if the IF condition is met, then it executes the THEN function thus giving fully automated and deterministic results. These smart contracts provide Immutability, Trustless, Speed, Security, and Cost efficiency, 1. Immutability- Just like any cryptocurrencies, smart contracts are built on a blockchain that cannot be changed once written, meaning once the contract is written and information is stored in the blockchain, no party can manipulate the information or asset values. 2. Trustless- Since a smart contracts approach is automated and deterministic, it executes the transaction only if the conditions written on the code are met thus providing fully trustless execution. You don’t have to trust anybody, the code will do it for you. 3. Speed- With no intermediaries involved, this automated smart contract provides speed. 4. Security- All the transaction ledgers are stored in blockchain making it impossible for anyone to be hacked, your transactions are fully secured. 5. Cost-Efficient- With no intermediaries involved, you don’t have anyone to pay charges for, there are no hidden charges. With all these features, you can send, receive, store and trade through smart contracts. ### Future and Conclusion The world is changing at a very high pace. The Internet and World Wide Web has changed our world in the early 2000s. Again in the last decade Information and Data changed our worlds. In the new decade of the 2020s, Decentralization will surely change the way we live by the decentralization of information, decentralization of finance, and decentralization of institutions. Humans want more transparency, efficiency, and more control of their life. Looking forward, the concept of decentralized finance can be used in many other industries like Healthcare where you can expect the efficiency of storing your medical records, or in any Government, where you can expect a fair and clean election process and corruption-less process of distribution of funds, in a Corporation where you can exactly record your employees work delivery and pay them efficiently. The idea of silicon valley of California, Wall Street of New York or the Financial district of London and Hong Kong are changing. People are moving to the country from downtown, opportunities are getting distributed and great things are moving faster. Thus the bottom line is, ‘Another music is about to play. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Advantages of bitcoin](https://blog.unocoin.com/advantages-of-bitcoin/) **Published:** April 8, 2021 **Author:** Unocoin Growth **Content:** ### Bitcoin: A brief overview Bitcoin, the cryptocurrency with no physical form, is created electronically and held likewise. It can be used to buy even the smallest of things such as coffee and in its digitized forms is not very different from the conventional currency. However, the working of the bitcoin is different from that of the conventional currencies that have been in use all across the globe. While the conventional forms of currencies are based on reserve backup of valuable metals, such as gold and silver of the same amount, bitcoin’s functioning is based on mathematical protocols. Plus, any transaction that occurs using Bitcoin is recorded in a public ledger, using its unit of account. Bitcoin was devised to give us a decentralized economic system open to all, which proposed to its users a monetary and exchange system of value, far better than the current fiat money system. Its value is dependent on the trust of its users and isn’t controlled or regulated by any bank, which is why its value is so volatile. However, despite the volatility, investing in bitcoin comes with great prospects. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/ud9w?_dl=unocoin%3A%2F%2F) [Unocoin](https://unocoin.sng.link/Awg8j/ud9w?_dl=unocoin%3A%2F%2F) is India’s leading Bitcoin company which enables Indians to buy, sell, store, or use bitcoin as per their wish. It provides a platform for the users to buy or sell Bitcoin using INR or by matching their orders with other users. It also helps users to carry out bulk tradings. ![Advantages of bitcoin](https://cdn-images-1.medium.com/max/800/1*HXZKBzRrFAMRtHRgxw3loA.png)### Benefits of investing in Bitcoin Let’s delve into the advantages of bitcoin to understand why investors are flocking around this cryptocurrency: **1. Liquidity** The liquidity of a cryptocurrency is the amount of ease at which it can be converted into cash or other assets without impacting the market price. Bitcoin has come out to be one of the most liquid investment assets all across the world. As a result of the worldwide establishment of trading platforms, exchanges, and online brokerages, people can now trade bitcoin instantly for cash and other assets like gold, etc. This ease of access comes at a very nominal charge. This feature of high liquidity associated with bitcoin as compared to other cryptocurrencies proves to be one of the most significant advantages of investing in Bitcoin if one is looking for a short-term profit. Due to high market demands, these digital currencies are not limited to their association with short-term profit. They can also be considered beneficial in long-term investments. **2. Immune to inflation** There is a top limit as to how many coins will ever exist, and the cap is set to be 21 million. This was consciously done by the inventor of Bitcoin as a part of its design to serve the purpose of making it non-inflationary. The fixed limit give it a major advantage over the archaic physical currencies, which are prone to losing value with time. This immunity to inflation implies that Bitcoin will always retain its value in long term. Thus, it will be a viable alternative to the physical currencies of countries like Venezuela, where there is rampant hyperinflation. This immunity to inflation is one of the main benefits of investing in Bitcoin. **3. Global payment is made quickly** If you ever ask a person who has completed an International bank transfer through conventional means, you will get to know that it isn’t an easy process, not the one they would prefer if they had an alternative. Plus, the cost isn’t low either. The advent of certain online platforms like PayPal, etc., has made it much easier and cheaper than before, but even then, there are certain configuration issues and fees, which need to be taken care of. Bitcoin, on the other side, allows you to easily complete your international transactions, and that too without having to pay any extra fees to any third party as such. These can be sent to any country in the world without any issue of the border. This increases the benefits of bitcoin for the business owners specifically. As markets are becoming increasingly globalized, more and more customers are taking advantage of services and products provided by companies from abroad. **4. Decentralized network** One of the major features which adds to the advantages of bitcoin is that it is a decentralized model of the network, which means that its network of transactions isn’t controlled by any financial institution or government organization. It is distributed amongst thousands of nodes and millions of users all across the world, and you don’t have to rely on any third party. This means no agency can have control over it, and nobody can play with its monetary policy or change its value, nor can anyone mess with its creation and distribution. The Bitcoin, hence, is out of any political interference, saving users of bitcoin from the control which is exercised over people using FIAT money. **5. Safe and secure** Another benefit of bitcoin is that you can be assured of the safety of Bitcoin. In each of its operations, including its core, Bitcoin possesses one of the most powerful; cryptographic systems. It is at least as powerful as those which are used by our banks or by our crucial day-to-day services. The distributed nature of bitcoin makes it resistant to network outages or attacks. Being decentralized makes bitcoin safer and less vulnerable to any sort of security threats. There is the least amount of risk for a bitcoin user in case of a retailer or a partner in the transaction being subjected to a cyber attack and losing financial or personal data of its own or its customers. The only possibility of the risk happens to occur if a hacker gets access to their private keys. Bitcoin is more pseudonymous rather than being anonymous, which implies that the transactions are completed under a pseudonym but still have the capacity of being linked to a physical user. So, for the users who are uncomfortable entering their financial details online, Bitcoin comes with an alternative, which at the least, appears to offer legit security. **6. Ease of access** As bitcoin happens to be a digital peer-to-peer form of money, sending money to any part of the world, irrespective of its amount, is now possible in just a matter of a few seconds to minutes. It is easy to set up and is a much faster, hassle-free process as compared to the traditional time-taking ways of transferring money. **7. Negligible Charge or transaction fee** One of the advantages of Bitcoin investments is that there will be negligible to no fees levied on the transactions, irrespective of the transactions being national or international. It is the first cryptocurrency that avoids the two-time spending by making verification of each transaction and adding it to its chain to maintain uniqueness in the inputs. **8. Anonymity (zero paper verifications)** Bitcoin is pseudonymous, and if used correctly, it can also be used as an anonymous currency, which would be free from the spying of government authorities. This is because when you use Bitcoin, there is no need for you to provide any of your personal information, including your name, email id, etc., when you are indulging in a peer-to-peer transaction. If you know how to use it, Bitcoin will be revealing nothing as they would just be the binary numbers. **9. Censorship and seizure resistance** Bitcoin uses a computational mathematical algorithm, which is known as ‘proof of work’ (PoW), which means that nobody can block your transactions. This acts as another one of the advantages of bitcoin. P lus, nobody can seize your bitcoin as it is not housed by a bank or any other institution as such. It is you who owns it, and it is you who holds it with yourself. You are the bank of your money. **10. Transparency** To transfer the bitcoin from one owner to another, the new owner is supposed to give his public key, and the previous owner uses his private key to publish a record in the system, announcing the change of ownership. Every single detail of the transaction which took place is stored by Bitcoin in the network in a huge version of a general ledger or a blockchain. All these transactions are public and are visible in real-time under pseudonyms in the form of a Bitcoin address. Anyone can reveal the Bitcoin address that they manage with utmost transparency as to where every single penny goes. **11. Advantage over other cryptocurrencies** Bitcoin isn’t just more advantageous than physical currencies. There are various advantages of bitcoin over other cryptocurrencies too. For instance, Bitcoin is much more stable as compared to other cryptocurrencies. The network of Bitcoin is growing with every passing day, as a result of which, Bitcoin is more liquid as compared to other cryptocurrencies. Moreover, the security of its owners is an important focus of Bitcoin, in consideration with other cryptocurrencies. The most crucial point about bitcoin is that its value is far more than the rest of the cryptocurrencies. One Bitcoin has more value than one unit of any other cryptocurrency. Bitcoin is thus much more popular too. While other cryptocurrencies are mostly limited amongst cryptocurrency enthusiasts, Bitcoin is being purchased and being invested in by millions of buyers and investors worldwide. Various big personalities and businesses have been investing in it too. The phenomenon of cryptocurrencies is developing at a great speed. At the time, in the market of cryptocurrency, Bitcoin is considered to be the king. It is the major player with the highest liquidity and is considered to be the safest and secure form of cryptocurrency. While the trade of other forms of cryptocurrencies is limited to cryptocurrency enthusiasts, the interest in trading with Bitcoin is shown by several people, including big entities and business groups. Now that you are aware of the various advantages of investing in bitcoin let’s look at some important FAQs. ### FAQs **1. Is bitcoin good for the economy?** **Ans:** Bitcoin has some downsides. For instance, illegal activities and speculations through these coins are blurred, are volatile, the financial regulations are not well defined, nor are the legal status. While Bitcoin has various drawbacks, it also has tremendous merits. For instance, it is easy to set up and is fast. Moreover, it has low fees; the transactions are irreversible, is immune to inflation effects, has zero government regulations, is a decentralized network, protects identity, etc. Even after certain disadvantages, Bitcoin proves to be a much better alternative to physical currencies. They are even considered to be the future of the currency system. **2. How does bitcoin provide greater liquidity as compared to other cryptocurrencies?** **Ans:** Liquidity of a cryptocurrency is the ability of a coin to be converted into cash or other cryptocurrency coins. The trading volume of a cryptocurrency affects its liquidity. Since the trading volume of Bitcoin is very high and has been increasing recently, i.e., more people are buying and selling these coins. The liquidity of Bitcoin happens to be much more than other cryptocurrencies. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), we unders tand 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). **Categories:** Blog --- ### [Buy Bitcoin With Paypal](https://blog.unocoin.com/buy-bitcoin-with-paypal/) **Published:** April 13, 2021 **Author:** Unocoin Growth **Content:** Financial jargons often create friction in people’s minds because of the lack of understanding. A lot of people miss out on various great investing opportunities just because they did not take out the time to research and understand how it works. For instance, bitcoin is everywhere and are a great virtual investment option. However, many avoid investing in them as they don’t know how to start and what to do. Here is something to help them out. This article will help you understand the different platforms from which you can buy bitcoin online, using PayPal as the payment option. Every portal is different and caters to the needs of each segment of people wanting to invest. However, essentially, a site to buy bitcoin with PayPal is like a virtual marketplace with buyers and sellers, while some purely follow the digital concepts. **Buying bitcoin with PayPal** PayPal is one of the most valued payment systems in the world today and is expected to keep growing rapidly. The growth is expected because of the recent big announcement that customers can buy, hold, and sell bitcoin through PayPal. Bitcoin is relatively new in the market, and almost everybody has an opinion about them. It has been all over the news now, after surging to a multi-year high. PayPal is the problem solver here. For new things, at first, people always have resistance in looking at the positive side of it, and bitcoin was no different. There were always discussions regarding how and from where to invest in bitcoin. Through PayPal, bitcoin payments have become easy and accessible to all. You can buy bitcoin with the PayPal app for an amount as[ low as $1](https://www.forbes.com/sites/stephenmcbride1/2020/12/04/you-can-now-buy-bitcoin-on-paypal-for-1/). Further below in the article, you will also find different platforms that allow you to buy bitcoin using PayPal. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/dvu4?_dl=unocoin%3A%2F%2F) [Unocoin](https://unocoin.sng.link/Awg8j/dvu4?_dl=unocoin%3A%2F%2F) is India’s leading bitcoin company. It started in Tumkur, Karnataka, intending to bring bitcoin and providing a platform to trade them by Indian traders. They have grown quite rapidly since 2013, creating a global reputation for being a top player in the crypto assets arena. ![Buy Bitcoin With Paypal](https://cdn-images-1.medium.com/max/800/1*YoEyB3bphR3icqwGqj8KtQ.png)### 5 platforms to buy bitcoin with PayPal #### **Buy bitcoin with PayPal through eToro** [eToro](https://www.etoro.com/) is probably one of the best ways to buy bitcoin. This platform allows you to make payments for bitcoin and add them to your wallet. However, it is often noticed that the steps that need to be followed for transferring are time-consuming. Once your account is created, instant PayPal deposits can be made. You can bet on the bitcoin, going up or down. Now, if at any time you want to close and withdraw the deal, the transaction gets converted to a real-world fiat currency. The best part is that a lot can be bought without you having to go through the lengthy verification process. If you are not actually looking to buy bitcoin online and just want to profit from price swings, eToro is the easiest way to do it. One more thing to remember is that you do not need a bitcoin wallet to make price speculations from the eToro website. eToro also provides a wallet through which you can buy, store, and sell cryptocurrencies, including bitcoin. The process of buying bitcoin on eToro: 1. Create a free account on eToro 2. Deposit your money 3. Fill in the blanks for your identity verification 4. Put in the amount that you want to deposit 5. Choose PayPal as the payment option 6. Your bitcoin will be transferred to you in no time. #### Buy bitcoin with PayPal through LocalBitcoins [Localbitcoins](https://localbitcoins.com/), unlike eToro, is a marketplace where actual buyers and sellers connect to make transactions. In this case, it becomes a task to search for a genuine seller. The seller will charge some premium amount for the transaction. The advantage of using this platform to buy bitcoin with PayPal is that you will get your bitcoin much faster than on any other platform. Unlike other platforms, here, you can directly talk to the seller rather than the website. Once the transaction has taken place, it gets locked into an ‘escrow’ so that buyers and sellers do not lose their bitcoin or payments. It is good to check for the seller’s credibility because anybody can become a seller here, which allows the scammers, as well. You can read reviews on buy bitcoin with PayPal. The process of bitcoin purchase on LocalBitcoins: 1. Register and create your free account 2. Click on buy bitcoin 3. Search for a seller who accepts PayPal as a payment method. 4. Once you are sure of the seller’s credibility, confirm the transaction. 5. Mark the payment complete. 6. Your bitcoin will be transferred to you after the seller is ensured of his payments. #### Buy bitcoin with PayPal through Xcoins This platform allows you to borrow bitcoin instead of buying them. At the time of borrowing, you need to pay a fixed amount, which acts as interest on what you borrow. [On the site,](https://xcoins.io/buy-bitcoin-with-paypal) you need to go through a short ID verification process, after which you will be asked to deposit the equivalent of how much you want to borrow plus the fixed charges. Some buyers don’t like to go through the complex procedures of exchanges. Here, you can also use the PayPal payment option to pay for the transaction. You can also attach debit or credit cards with the PayPal account. The process of buying bitcoin with Xcoins: All you need to do is, 1. Set the number of bitcoin 2. Confirm and pay using the PayPal option. #### Buy bitcoin with PayPal through Paxful Paxful is very similar to LocalBitcoins and creates a marketplace where buyers and sellers interact and trade. Here, you do not have to pay any charges to the site to buy bitcoin with PayPal. However, you need to pay a fee to the sellers, as sellers are expected to pay 1% fees to the company and some more fees by senders to the bitcoin miners for making the transaction take place. The transaction process is also very user-friendly, choose the number of bitcoin you want, the currency, select the payment method, choose a seller, and trade. That’s it. At [Paxful](https://paxful.com/buy-bitcoin/paypal), you need to ensure that the seller is trusted and everything is documented. In case of any discrepancies, the documentation will benefit you. The process of buying bitcoin with Paxful: 1. Register and create your free account at Paxful 2. Click on the ‘buy bitcoin’ button 3. Select the currency 4. Select PayPal as the payment method 5. Click on the buy button (make sure to read the terms and conditions to be aware of the fee you need to pay) 6. After the confirmation, you will have half an hour to pay the amount 7. After you have made the payment, click on the ‘paid’ button and exit the tab 8. You will receive your bitcoin soon Similar to LocalBitcoins, you need to find a genuine seller at a reasonable bitcoin price quote. (You can research on buy bitcoin with PayPal) #### Buy bitcoin directly through PayPal This is the best option to buy bitcoin with PayPal if it is supported in your country. The payments platform has made our lives so much easier. We do not have to go through the struggles of finding a genuine website and the know-how of the whole topic. PayPal allows users to do this with just one c lick; users can buy bitcoin with PayPal for as low as $1, as well. You will get coins faster, and the payment process is hassle-free. The process of buying bitcoin with PayPal: You will have to create an account on[ PayPal ](https://www.paypal.com/us/webapps/mpp/crypto)if you haven’t already with your email id and bank details. That is all you will need to buy bitcoin with PayPal. It is as simple as that. 1. After login, click on the ‘buy bitcoin and more’ button. 2. Select the cryptocurrency you want to buy (options apart from bitcoin are also available) 3. Click on buy 4. Review and confirm your payment. #### FAQ’s **1. Can I buy bitcoin with PayPal on Unocoin?** No, Unocoin does not support payments made through PayPal to buy bitcoin. When you are making transactions with Unocoin, you will see that the PayPal payment option is not available. They only bank based transfers. It is, however, in their plans to add PayPal payment options in the future because there are thousands of users comfortable with this option. **2. How do I transfer bitcoin from PayPal to a bitcoin wallet?** You cannot transfer bitcoin from PayPal to a bitcoin wallet. A PayPal account will only allow you to make payments for bitcoin. Presently only buying, holding and selling is allowed and not depositing or withdrawing/transfering. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Features Of Unocoin](https://blog.unocoin.com/features-of-unocoin/) **Published:** April 21, 2021 **Author:** Unocoin Growth **Content:** 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](https://unocoin.sng.link/Awg8j/rdgl/a123) 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. ![Features Of Unocoin](https://cdn-images-1.medium.com/max/800/1*9ifrQkcZipbLEF1i93lSMw.jpeg)In this article, we are going to list some of the most powerful features that Unocoin has to offer to crypto enthusiasts. 1. **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. **2. Trading** 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. **3. Wallets** 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! **4. Exchange** 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. **5. Lending** 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: 1. Crypto basket 2. Instant INR withdrawal through IMPS 3. Add Nominee Details 4. Price Ticker 5. Analysis 6. Coupons 7. Refer & Earn If you are intrigued to know more about what you can do with your money, signup for [Unocoin’s website](https://unocoin.sng.link/Awg8j/rdgl/a123) or mobile application. It is instant, user-friendly, and secure. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Impact of Forking on Cryptocurrency](https://blog.unocoin.com/impact-of-forking-on-cryptocurrency/) **Published:** April 23, 2021 **Author:** Unocoin Growth **Content:** Forking is an event that increases the notional value of the cryptocurrency while keeping its blockchain network secured and improved but it is by default secured and improved, as it is immutable. The overall notional value increases as the fork generally bring something new to the table. In this article, you will learn about what cryptocurrency forking is, what are the different types of forks available in this industry, what is a hard fork and what are the effects of a hard fork on cryptocurrency. Most of the countries in the world have legalized the use of cryptocurrencies in the last few years, and due to this reason, a large number of people have started investing in these cryptocurrencies. If you hold some knowledge of cryptocurrency or if you are completely aware of the digital currency market, then you might also have heard the new buzzword, which is termed as ‘forking’. ![Impact of Forking on Cryptocurrency](https://cdn-images-1.medium.com/max/800/1*WtvaQU_6LRQoN3phtBo9tw.png)Forks of Bitcoin since its inception in 2009Forking is nothing but the splitting of the interface on which the bitcoin operates and making that new thread of the split move in another different direction. This usually happens when the bitcoin miners perceive that they can mine out better alternatives than existing bitcoin. Apart from this, forking also holds a lot of other added advantages when it comes to investing in cryptocurrencies. #### About [Unocoin](https://unocoin.sng.link/Awg8j/xv16/qqnt) [Unocoin](https://unocoin.sng.link/Awg8j/xv16/qqnt) is a leading Bitcoin and Ethereum trading platform that holds the most comprehensive ecosystem of cryptocurrency traders in India. Founded in 2013, the platform was the first in India to enter the bitcoin market. Unocoin’s unique platform allows bulk trading through over-the-counter (OTC) trade features. #### What is a cryptocurrency fork? A cryptocurrency fork can be defined as a series of events in a blockchain where the principal string is replicated with a variation in it. It can also be understood as a variation in the protocol of the blockchain interface as a blockchain is disseminated over two paths. Cryptocurrency forks are getting popular these days due to a new rule that is formed for the transaction of cryptocurrency trading. A fork is usually placed to prevent the collision of both the paths of a blockchain so that they can operate without any hindrances and also for a longer duration. A person can easily use both the paths of a blockchain; however, they cannot transfer the crypto data from one path to another path. An instance of this can be the shift of more people away from one path as it tended towards losing its popularity day by day among its users. Those participating in the network need to follow certain guidelines to continue participating in a blockchain. These guidelines are known as a “protocol.” Forking in cryptocurrencies is differentiated into two based on the change in this protocol. What are the different types of forks? In the field of cryptocurrency, there are simply two kinds of forks available based on their functionality. These are — a soft fork and a hard fork. Both these forks have a very minute difference between them. Explained below are the two kinds of a bitcoin fork. #### Bitcoin Soft Fork A soft fork in cryptocurrency is a change in the protocol that makes the previous version of block data to be valid for future blocks after the fork but the newer version of block can also contain something new that got introduced due to the fork. The new nodes are recognized as valid by the old ones, making this forking type backwards-compatible. An instance of a soft fork can be the precise tuning of aspects related to the dimension of the blocks (only increase but not decrease) in a blockchain or a slight variation in the features of the bitcoin soft fork trade. However, it must be kept in mind that only a majority of the participating interfaces should be in favor of the new changes that will result in a bitcoin soft fork. It is not at all compulsory for all the network participants to update to the newer version as it is equally compatible with the former versions as well. That said, the more miners who work on the newly updated network, the more secure the network is. For instance, if you have ¾ of miners agreeing with the new and ¼ of miners not, then you have ¼ of blocks that are compatible only to the old node; this means the new nodes ignore this ¼ of blocks. #### Bitcoin Hard Fork A hard fork in a cryptocurrency can be defined as the generation of a new string in the system interface that shares a similar past with the primary string in the interface but with a certain number of changes in the protocol. These changes need to be accepted by **all** the miners in a network. A hard fork usually takes place when the connections of a more recent redaction of blockchain do not agree to receive the former protocol of the interface and when a new rule is added to the network, a hard fork in a cryptocurrency is created. In other words, a hard bitcoin fork can be defined as a software update that is not congruent with the former versions of the interface that splits up one cryptocurrency into two different parts. There are a lot of reasons why the developers implement a hard fork in the systems, like rectifying significant protection threats that were detected in the previous versions, adding some new functions, or reversing any points that are previously present in the older versions (reversal of a soft fork). What are the reasons for introducing forks? There is a multitude of reasons why a system developer in the blockchain or crypto industry introduces a fork in a network. The primary reason for introducing a fork is to resolve all the bugs spotted in the previous networks and further provide them with enhanced protection, which the older software was not able to provide. There is very little difference between the two forks (soft and hard). Both are implemented to improve the network in one way or another and make it easier for miners to do their job. They only differ in terms of the consequences of the forking; as in, after a bitcoin soft fork, the network remains the same, while with hard forks, there will be two networks: the old one and the copy of the old one with the changes! How to recognize the hard fork? A hard fork can easily be recognized when there is a variation in the interface that cuts down on the backward compatibility. Also, a hard fork in the interface usually creates a division in the blockchain that may become a cryptocurrency on its own. In this situation, both the old and the new versions move hand in hand in their functionality and remain separated at the same time. What are the effects of a hard fork? A digital currency can undergo a hard fork for several reasons. A hard fork in a cryptocurrency can hold numerous effects on the cryptocurrency. Some of the effects of a hard fork are mentioned below: #### More Speedy Network Employing a hard fork in the interface can result in a more speedy network by splitting one digital currency into two parts. In the present era, more organizations are utilizing hard forks for taking added advantages and a more secured network. #### It enhances the value of a cryptocurrency Another critical and important effect of employing a hard fork is the significant increase in the price or value of a cryptocurrency as something new and improved is now available. Hence, it can be easily asserted that forking does play a major role in adding value to a cryptocurrency. As investors, a hard fork is something to keep an eye on. Forking is an event where a blockchain is duplicated with a change. Soft and hard forks are two types that deve lopers use to implement changes to the blockchain network. The primary reason for creating a fork in the blockchain is to add a new feature to the network, something the older version failed to have. As such, it is a great way to secure the network and increase the value of cryptocurrencies. #### FAQs 1\. Is TRON a fork of Ethereum? The Real-time Operating System (TRON) is a decentralized operating system that is based on a cryptocurrency known as a Tronix (TRX). It duplicates an industry model on a common blockchain interface and serves as a dispersed, decentralized storehouse, and is more effective and cost-efficient. TRON was created on an Ethereum token (ERC-20) before it moved to an independent network in 2018. Since then, TRON has been marketed as a competitor to Ethereum. 2\. What happens when Ethereum forks? When an Ethereum forks, depending on the fork, it may become more secure and scalable. Enough research has to be performed by the buyers to understand that whenever a person buys an Ethereum, numerous alternative chains of Ethereum forking may take place in a digital currency as and when required for its security some of which may result as a hard-fork. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin listed stable coin BUSD along with the highest trader contest](https://blog.unocoin.com/unocoin-listed-stable-coin-busd-along-with-the-highest-trader-contest/) **Published:** April 27, 2021 **Author:** Unocoin Growth **Content:** BSUD can be used to hedge against the volatility of your trade by holding in BUSD. The crypto market is going very volatile making necessary corrections along the way, just twelve days back bitcoin hit 50 lakhs a coin and dropped 20% the following week, we see a similar chart with other cryptocurrencies like ETH, XRP, ADA thought ETH shows some resistance when it hit an All-Time High of 1,98,500 INR on April 22nd. As I write this, BTC is at 42,69,912 and ETH at 2,00,678. All these charts and numbers show us that the crypto market is unpredictable and it surprises you every time. ![](https://cdn-images-1.medium.com/max/800/0*Sv1SRRPnybHNbabk)To hedge your daily trade and reduce the risk in a volatile market, Unocoin is happy to announce that we have listed a stable coin Binance USD. ### **What is Binance USD?** 100% Backed by U.S. dollars held in FDIC — insured U.S. banks, Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD. BUSD is a partnership project of Paxos and Binance, one of the biggest crypto exchange companies globally. ### Is trading with BSUD reduces the risk? Paxos and BUSD are approved and regulated by the New York State Department of Financial Services, ensuring the utmost of consumer protections. With 100% back by U.S. dollar, trading with BUSD in a volatile market is a safe bet. ### What else can we do with BUSD? Alongside trade crypto using BSUD on the Unocoin platform, you can use BUSD to buy or sell USD as BUSD 1:1 for USD. BSUD can also be used to hedge against the volatility of your trade by holding in BUSD. ### Some of the BUSD use case: – Transfer your digital dollars (BUSD) anywhere in minutes, at low cost and on the blockchain. – Trade BUSD on different exchanges now also in Unocoin – Deposit BUSD to earn an interest rate. – Pay BUSD as payment for goods and services. – Use BUSD as collateral and loan assets. – Use BUSD as cross collateral in Futures. – Store BUSD on an exchange or in a wallet. ### BUSD Market Cap. According to Coin Market Cap, Binance USD has a market capitalization of $6,976,463,315 with around 6,976,260,604 BUSD in circulation. BUSD acts as an alternative to the fiat currency of crypto-backed by the US dollar. Trade with BUSD on [Unocoin](https://unocoin.com/exchange/inr/busd) platform and win free BUSD. ![Unocoin listed stable coin BUSD](https://cdn-images-1.medium.com/max/800/0*Pdp2fmuE5h9SvoJE)If you trade BUSD/INR of trading volume (both buying/selling) worth more than 10,000 INR between 27th-30th April, you will get free INR 3000, 2000, 1000 from Unocoin. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin vs Ethereum: 5 differences between the two cryptocurrencies](https://blog.unocoin.com/bitcoin-vs-ethereum-5-differences-between-the-two-cryptocurrencies/) **Published:** April 30, 2021 **Author:** Unocoin Growth **Content:** In the last decade, cryptocurrency has seen many ups and downs. But, since these ups have outnumbered the downs, it has proven to be a great investment opportunity for all the investors who are looking to trade in cryptocurrency. However, figuring out which digital currency to invest in from the hundreds that are present today is one daunting task. In this article, you will learn some of the key points on how to gauge Bitcoin vs Ethereum based on their purpose, price history, transaction fees, block size, and demand & supply. Bitcoin and Ethereum currently are the two well-known names in the cryptocurrency market. If someone were to seek the advice of an expert about which cryptocurrency to invest in, these two names would surely come up first in the discussion. ![Bitcoin vs Ethereum: 5 differences between the two cryptocurrencies](https://cdn-images-1.medium.com/max/800/1*ZIglF2vYQxGfLU2o88x_SQ.png)The best way to understand why these cryptocurrencies have become as popular as they have is by thinking of someone who spent less than a hundred rupees on a Bitcoin a decade ago and simply kept it for all these years. You will understand how that person is now a multi-millionaire just because of that meagre investment he/she did ten years ago. To say that the Bitcoin price has gone up is an understatement. Bitcoin were the very first cryptocurrencies that were simply meant to be units of exchange, with fluctuating values, backed by a network of computers, forming a decentralized power instead of a centralised authority. It is rather similar to regular monetary currency at its core, but still really different! However, with increased technological advancements taking place with each passing day, the newer cryptocurrencies like Ether came with more complex designs like the Ethereum blockchain. Ethereum blockchain is a software platform — an operating system that runs on the blockchain, with Smart contracts. Ether is used by Ethereum not only as a digital currency like Bitcoin but also to run applications and monetize work inside Ethereum. ### About Unocoin Founded in 2013 as India’s first company to deal with cryptocurrency, and more specifically the Bitcoin, [Unocoin](https://unocoin.com/in) is a major Indian Crypto Assets Trading and Blockchain Company to become a global player in the arena of crypto assets. It offers an all-inclusive buying, selling, and storing platform with a dedicated mobile application and an informative and interactive website. ### 5 key differences between Bitcoin and Ethereum With a massive surge in Bitcoin and Ethereum price and demand today, both Bitcoin and Ethereum are amongst the two highest-selling cryptocurrencies in the world. Both of them are similar in many ways; they are decentralized and take the assistance of a blockchain for its distribution. However, some points make them dissimilar from each other. Due to various similarities, people tend to get perplexed as to which cryptocurrency to choose out of these two alternatives and look for options to evaluate Bitcoin vs Ethereum investments. To make this selection easier, it is always advised to evaluate the cryptocurrency option you are willing to consider. These vary on various important factors like price history, transaction fee, block size, demand,-supply, and overall purpose of your investment. ### Difference between Bitcoin and Ethereum based on the purpose When we talk about their purpose, the battle of Bitcoin vs Ethereum is not a very complicated one. Even though the two are similar in some respects; the overall purposes of the two have some clear distinctions as well. Bitcoin and Ether by Ethereum are essentially cryptocurrencies and serve the basic purpose of a cryptocurrency, which is to be a medium of exchange in a digital or virtual medium that is secured using cryptography. Although either Bitcoin or Ethereum can be used as an alternative to present currency, Bitcoin is, in essence, an alternate currency. Bitcoin is essentially a digital currency, and it was designed with the intent of its actual value to be fluctuating. This fluctuation has been mostly positive since its launch in 2009, and many people have been the beneficiaries of high returns on what they initially paid for. This means Bitcoin can also serve the purpose of being an investment you can expect good returns from. Whereas, Ethereum has a more complex design. Even though all the cryptocurrencies since Bitcoin, have been launched in a somewhat similar manner, some of them are designed to make them equipped for other functions as well. The Ether, which is operated by the Ethereum blockchain, can serve more purposes than being only a form of currency. This is because the Ethereum blockchain is a lot different and more complex than the Bitcoin blockchain. Ethereum enables peer-to-peer transactions and is also a ledger technology. It can be used as a programming language and operating system all by itself. Meaning, it can be used to build new programs. This makes it more advanced from a technological point of view. This rapid pace of technological development and its importance in the current times makes Ether a good investment option. ### Difference between Bitcoin and Ethereum based on price history Ever since Bitcoin first came out in the year 2009, its trading and value have been unpredictable. However, because of the success already seen by Bitcoin and the other popular predecessors of Ether, when Ethereum was first launched in 2015, it achieved a stable price for the first year. It has fluctuated a lot since then but not drastically. #### Opening Price: The initial or opening Bitcoin price was 0.0008 US Dollars reaching 0.08 US Dollars by the end of the same month. Needless to say, the people who bought it then did not know that they made a very wise investment. When Ethereum’s cryptocurrency Ether or ETH was first launched to the cryptocurrency market in the year 2015, the Ethereum price was 2.77 USD, which instantly dropped to 0.68 USD in the next three days. #### The Initial Years: After its launch, for the first few years, the performance of Bitcoin or the Bitcoin price was relatively flat. Like in 2011, when it went from 1 US Dollar in February to 30 Dollars in June to back to 2 Dollars by the end of the year. Such inconstant trends continued till the year 2013. On the other hand, Ethereum price did not see a downfall since its inception. Moreover, in 2017, the prices of Ethereum gained an astonishing hike of 10,000 per cent, making it stand equivalent to Bitcoin and the second-biggest name in the digital currency world after Bitcoin. #### Current Price: Presently the value of Bitcoin is more than the value of Ethereum. ### Difference between Bitcoin and Ethereum based on transaction fees Just like the actual value of the digital currency fluctuates from time to time, depending on various market factors, the transaction fees of Bitcoin vs Ethereum also keeps on fluctuating. All the transactions of a cryptocurrency get lined up in a memory pool which are commonly known as mempool. The cryptocurrency miners can set these transactions aside in the blocks that are already mined. A cryptocurrency transaction gets fulfilled right at the point it reaches the block. Since mining of cryptocurrency is an extremely important task, the miners must charge the appropriate transaction fees from the investors. #### Bitcoin Transaction Fees: In the case of Bitcoin, the miner’s levy charges or transaction fees on every transaction that takes place in the cryptocurrency’s trading. If any trader wishes that their transactions should take less turnaround time, then they can make a payment of large transaction fees to process the transaction quickly. This process of paying larger transaction fees is known as the incentivization of miners. Hence, it becomes very evident that the speed of trans action execution is directly proportional to the amount of the transaction fees. The more transaction fees a person pays, the quicker the transactions get validated and added in a block. #### Ethereum Transaction Fees: Ethereum trading uses an A-gas system in place of transaction fees. In simpler words, it can be inferred that the transaction fee is known as A-Gas System. A-Gas in Ethereum trading can be termed as a system that estimates the volume of computational effort needed to perform specific operations. All the self-executing contracts that operate in the Ethereum Virtual Machine (EVM) are encrypted with solidity. Solidity is a high-level programming language for the implementation of a self-executing contract in Ethereum trading. Additionally, Ethereum is intending to shift completely to Viper (a Pythonic programming language that focuses on Ethereum Virtual Machine) for getting more solidity in the coming future. Each block of code in solidity necessitates a specific quantity of gas or (transaction fees in simpler terms) to compute the trading of Ethereum in the cryptocurrency market. ### Difference between Bitcoin and Ethereum based on block size One of the most controversial and the most tricky aspects of a cryptocurrency is the block size. It can also be inferred that this is the term that has separated the entire Bitcoin community and made Bitcoin and Bitcoin Cash different from each other. #### Block Size of Bitcoin: For protecting Bitcoin from a spam transaction, its founder initially set a limit on the block size of a Bitcoin to 1 MB. However, over time, these Bitcoin gained a lot of popularity, which demanded a lot more scalability than before. One section of the investors was in favour of increasing the block size of Bitcoin to 2 MB, while some people did not want the size of blocks of Bitcoin to increase, as they were in favour of implementing the Segregated Witness Mechanism (an implemented soft fork). The reason why many people were not in favour of increasing the block size was simple. If the block size was increased, the transaction fees would get lowered, as more transactions would take place at a lower price. If the prices of the transaction got lowered, many Bitcoin miners would suffer a huge loss, and they might get de-incentivized, resulting in the reduction of the overall hash rate of Bitcoin. Many traders in the Bitcoin investment community feel the use of Bitcoin should not be done regularly as they have more value than a normal daily currency. Using Bitcoin daily will mandate the increase of its block size, creating a need for hard fork in the interface. Many members of the community feel that the process of Segregated Witness will increase the block size without the requirement of a hard fork, keeping the price of a Bitcoin intact. The most significant concern that individuals hold when it comes to the block size variation of a Bitcoin is that so many things are going to be transformed at that very time, which will create substantial disruption. But, the investors who were in favour of the increase of block size feel that this is an unfounded concern that would disappear or dispense with time. However, this debate amongst the investors on the block size of Bitcoin resulted in the split of this cryptocurrency into two parts: Bitcoin and Bitcoin Cash. While Bitcoin activated and adopted the Segregated Witness, the Bitcoin cash increased the block size to 8 MB. #### Block Size of Ethereum: Unlike Bitcoin, the size of blocks of the Ethereums is computed or estimated by the quantity of each of the blocks that can accumulate in themselves as Ethereum carries A-gas system in place of transaction fees. In the trading of Ethereum, one block can contain up to 6.7 million of in it. Hence it is clear that only a limited transaction can take place per block of Ethereum, which is, up to 6.7 million. It must also be noted that one transaction can consume 21,000 units of gas per block. ### Difference between Bitcoin and Ethereum based on demand and supply The basic point of distinction between Bitcoin and Ethreum is the fact that Bitcoin is simply a digital currency, while Ethereum is a technology of the ledger that is employed by organizations to create novel programs and interfaces. Both Ethereum and Bitcoin function on blockchain technology. However, it has been observed that Ethereum is far more technologically advanced than Bitcoin. When speaking in terms of demand and supply, the significant point of distinction is that the Bitcoin supply is limited to 21,000,000 coins, creating an equilibrium between the demand and supply. This is healthy for the store value of a Bitcoin. However, this limitation does not exist in the case of Ethereum. Ethereum is continuously getting produced, and this is the reason for lesser demand that will further slow down the supply of Ethereum shortly. This constant supply of Ethereum is the sole reason why only 60 per cent of Ethereum got mined since its inception, while on the other hand, more than 80 per cent of Bitcoin have already got mined; all due to its demand and supply management. Yet another aspect is adding to the demand for Bitcoin in the halving event that takes place every four years. This process halves the reward value of miners, which slows down the supply chain. Halving also halves the inflation rate of the cryptocurrency while increasing demand for Bitcoin and Bitcoin price in the market. ### Final overview To cut this long story of Bitcoin vs Ethereum short, it can be summarised that both Ethereum and Bitcoin are the most important and indispensable part of the digital currency market that brings tremendous value to the cryptocurrency interface. Both hold different functionality, and it is not suitable to compare these two. While the main objective of Bitcoin is to serve as an alternative to the standard money, Ethereum is created to become a place that will promote applications and online file-swapping (peer-to-peer) contracts through the employment of its currency system. Hence, it can be easily concluded that both Ethereum and Bitcoin are distinct versions of a digital currency that embraces the blockchain technology (with Ethereum holding a more superior technology), driven by distinct purposes, and both are competing in the market. #### FAQs 1\. Will Ethereum beat Bitcoin? Keeping in mind the present situations, it is anticipated that there is ample room for both Bitcoin and Ethereum to grow. Therefore, Ethereum taking over Bitcoin is a mystery as of now. 2\. Which cryptocurrency is best to invest in at present? Global economies are still recovering from the Covid-19, and keeping in mind the present situation; The whole crypto space is in a nascent stage. Bitcoin could be currently seen as the best one due to its longevity and stability over other cryptocurrencies. However, will any crypto with real utility value will flip bitcoin to be the better one is a question that time will answer. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Don’t buy bitcoin, Buy Satoshi](https://blog.unocoin.com/dont-buy-bitcoin-buy-satoshi/) **Published:** May 5, 2021 **Author:** Unocoin Growth **Content:** Yes, you heard that right. You don’t need to buy (a) bitcoin, instead, you can buy Satoshis. At the time of writing this article, the price of bitcoin was at $58,706.27 which is equivalent to INR 43,50,962.37. This is a huge amount for most people. By looking at that price most of the people will back off, thinking that it’s expensive and unaffordable — they are right. After all, why put that much money into so-called digital money and risk losing it. Some people think they are now too late to the party, they should have bought it 10 years ago. Well if you think the same, you are mistaken and I will tell you why. ![](https://cdn-images-1.medium.com/max/800/0*mOyy2gcIIfAO2WuT)Bitcoin by design can have only 21 million coins and more than 18 million coins are already in circulation. Today there are more than 7.8 billion people on this planet and every single person cannot own a bitcoin. To mine all the 21 million bitcoins it will go till 2140 and by then the world population is estimated to be more than 10 billion. Also, how many people own bitcoin today is still not known. Surprisingly, there are already 200 million bitcoin wallets. Looking at those numbers and statistics, you might be thinking ‘the train has already left’, you are too late and you should have bought one years ago when the price was only 10,000 INR, 20,000 INR or so. ![](https://cdn-images-1.medium.com/max/800/0*gto7DMrVtJK-VH2Y)But here is the catch. Bitcoin is divisible to eight decimal places — it represents a value of 10 to the power of 8, which means you can buy and own as little as 0.00000001 bitcoin. The smallest unit of bitcoin with a value of 0.00000001 BTC is called Satoshi (SATS). ### Why should you buy Satoshi? Here is why you should buy Satoshi. These are the actual words from Satoshi Nakamoto on [February 6th, 2010](https://bitcointalk.org/index.php?topic=44.msg267#msg267). *“Eventually, at most only 21 million coins for 6.8 billion people in the world if it gets huge. But don’t worry, there are another 6 decimal places that aren’t shown, for a total of 8 decimal places internally. It shows 1.00 but internally it’s 1.00000000. If there’s massive deflation in the future, the software could show more decimal places.* *If it gets tiresome working with small numbers, we could change where the display shows the decimal point. The same amount of money, just different conventions for where the “,”’s and “.”’s go. e.g. moving the decimal place 3 places would mean if you had 1.00000 before, now it shows it as 1,000.00.”* A Satoshi (SATS), named after Satoshi Nakamoto, its mysterious creator, represents the smallest unit of Bitcoin. One bitcoin is 100000000 Satoshi, for example 0.001 BTC = 100,000 sat and 0.00000100 BTC = 100 sat. When you buy 0.0001 BTC you could say you bought 10,000 Satoshi. As of today, your 1783 Satoshi are worth around USD 1.000. Who knows, maybe in 20 or 50 years 1 Satoshi will be equal to $1 since bitcoin is unpredictable. ![](https://cdn-images-1.medium.com/max/800/0*ZeQ_41lpn4qZOcG3)On May 22nd, 2010, a programmer named Laszlo Hanyecz paid 10,000 bitcoin for just two papa john’s pizzas which were worth around $25. If he had saved that 10,000 bitcoin today it would be worth more than $551,250,768.82. So maybe if you save that INR 1000 from your KFC and invest that money in Satoshi, you will thank yourself after 20 years. Well if you are still alive! The rise of bitcoin is still going strong. Many investment experts predict that bitcoin will reach more than $100,000 in the current market circle, which is achievable considering the 2017 bull run. With about 75–80% growth from the current price, BTC will easily reach $100,000. More interestingly, now even the large corporations see the future of bitcoin and want to have bitcoin in their balance sheet, companies like MicroStrategy, Tesla, Square have already bought bitcoin with their reserve cash. It’s only a matter of time more and more corporations, banks, and even the government will start accumulating bitcoin that may take the price to even a million per coin. For the last 10 years, bitcoin stands the test of time and has potentially become the best store of value to hedge against economic inflation. Concluding, the best time to buy bitcoin was 10 years ago, the second-best time to buy is now, and buying Satoshi today is like buying bitcoin in 2010. Remember again, bitcoin is limited, it is one of the scarce digital assets in the world and once supply is exhausted, it is exhausted forever. For sure in the next ten years, most of us won’t be dealing in bitcoin, a bitcoin would be to deal with large national or international projects. So owning a part of it (Satoshi) will be smart for you. Ready to skip that KFC or a bottle of beer for some Satoshi? Well, make the right choice. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Halving: Everything You Need To Know](https://blog.unocoin.com/bitcoin-halving-everything-you-need-to-know/) **Published:** May 7, 2021 **Author:** Unocoin Growth **Content:** Bitcoin has recently taken over the world and has created a space for a transparent, decentralized online payment system. It is basically virtual cash that you can use to buy or sell certain products and services on the internet. Each physical bitcoin has a private code printed in it. These codes help in converting bitcoins into computer files that you can carry on your phone like a digital wallet. When talking about this cryptocurrency, halving, the importance of halving, and **bitcoin halving price prediction** are topics that cannot be avoided. This article will discuss bitcoin halving and related topics in detail. ### ***What is a bitcoin halving event?*** Ideally, 21 million bitcoins can ever be created. **Bitcoin halving** is an event that occurs after producing every 210,000 blocks or roughly four years until 21 million bitcoins have been produced by the miners; the **bitcoin halving 2020 date** was May 11th 2020. In this process, the new reward given to the miners in the form of bitcoins is cut in half. Bitcoin halving is aimed at decreasing the number of bitcoins generated in the network and limiting the supply of new coins. **Bitcoin halving** is a process of manipulating the demand and supply forces to synthesize inflation. Such a change in the market forces results in an increase in the pricing of the cryptocurrency. Bitcoin is essentially known to be a deflationary asset, and bitcoin halving helps it to stay that way. Since this process is surrounded by hype and expectations, **bitcoin halving price prediction** is an unofficial event before the actual halving takes place. ### ***About Unocoin*** [Unocoin ](https://www.unocoin.com/in)is one of the leading crypto exchanges in India where you can buy or sell different types of cryptocurrencies. It is a platform designed for Indian users and has been in the cryptocurrency game since 2013. Additionally, Unocoin offers you SBP (Systematic Buying Plans) for bitcoins, which is the first-of-its-kind in the cryptocurrency industry. ### ***Why is bitcoin halving important?*** New bitcoins are generated through a ‘mining’ process that is very different from traditional mining. It is a process where individuals use specialized hardware for processing transactions and securing networks in exchange for newly generated bitcoins. There is a chance that the number of bitcoins generated in the market may increase due to an increase in competition within the miners. This would lead to the supply and demand forces going up, which would cause the price to go down, ultimately leading to a bearish market. In order to control this situation, **bitcoin halving** takes place once every four years. The process regulates the supply and demand forces to control inflation and results in pushing the bitcoin prices higher. This process ensures that bitcoin is a long-term asset that is here to stay. ![](https://cdn-images-1.medium.com/max/800/0*4KFZGLsxxPLzGsj8)Graphical representation of bitcoin inflation v/s time, [source](https://www.investopedia.com/thmb/-gMmAq5PMJGARs_nQpSSf2Mq4dw=/1287x0/filters:no_upscale%28%29:max_bytes%28150000%29:strip_icc%28%29:format%28webp%29/image54-a60048969d044c5cb61f262ef16fe558.png)The previous **bitcoin halving** has resulted in a dramatic surge in price after an initial selloff. This has been a pattern for all the past halving events, as well. After each halving event, the price and demand for bitcoin experience a surge, essentially a [bull market](https://www.investopedia.com/why-does-bitcoin-keep-going-up-5092683), that supersedes the previous one. ### ***Past halving event dates*** - The first halving was on November 28th, 2012. - The second halving took place after the production of 420000 blocks in the network on July 9th, 2016. - The third and most recent halving took place on May 11th, 2020. - The **next bitcoin halving date** is expected to be in the year 2024. ### ***The price-performance of bitcoins in past halving event dates*** After the first **bitcoin halving** in November 2012, the price went from $ 12 to $ 1150 in a span of one year. The second halving event was on July 9th, 2016. On this day, there was a sudden drop in price, but it shot back to its original price in no time. By December 2017, the price had gone from a mere $ 640 to $ 20 000. The event that’s fresh in our minds- the **bitcoin halving 2020 date** was May 11th, 2020, when the price was close to $ 8500, which did not change much in the first few months. Today, the price per bitcoin has surged up to $ 56,585. Bitcoin has emerged as a safer and relatively more predictable investment which is why more and more people have gained interest in the same. In the past, despite a fall in the past, bitcoin has risen to new heights through the halving process. The **next bitcoin halving date** is predicted to be in 2024. ***FAQs*** **1. Will bitcoin halving increase the price?** Judging from the past data, we can say that after an initial fall in price, **bitcoin halving** results in a drastic increase in price after a period of 3–8 months. **2. What date is the next bitcoin halving?** The **next bitcoin halving date** is predicted to be in 2024. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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 C hannel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [The future of cryptocurrency and government regulations](https://blog.unocoin.com/the-future-of-cryptocurrency-and-government-regulations/) **Published:** May 14, 2021 **Author:** Unocoin Growth **Content:** This article will explore in detail, the future of cryptocurrencies and how the prices fluctuate concerning government laws and policies. The reader will also learn about the various other types of cryptocurrencies that have been going around in the market and have a similar potential for growth as bitcoin. Thanks to the $1.5 billion investment by Tesla, bitcoin is at an all-time high. The price levels have reached over $57,528 at the time of this writing. But what is bitcoin or cryptocurrency, for that matter, and why are the prices rising? When we use advanced encryption techniques, cryptography and decentralisation to manage and create a digital currency, it is known as cryptocurrency. In short, bitcoin is a virtual currency, which has all the powers and functions of currency, transaction processing and issuance. What’s more? All of this is carried out by the network itself. Bitcoin changed the game of investing when it suddenly surged over ten folds during 2013, attracting a lot of attention from institutional investors. Subsequently, it crashed by 50% overnight and started a fiery debate about whether it can be successful in investing. The only thing that deters people from dealing with this currency is its inherent complexity as compared to the traditional form of currency. Only the people who are adept with technology and can optimally understand the working of the cryptocurrencies are mostly willing to invest in it, while it is overlooked by many others. The complexity of understanding how it works must be reduced to facilitate increased participation while ensuring that proper steps are being taken to safeguard the interests of the masses. The future of cryptocurrency predictions is something that everyone has an eye on, as identifying this, cryptocurrency’s future will help investors make a wise choice. ### About Unocoin [Unocoin](https://unocoin.sng.link/Awg8j/s8c2/sfrx) is currently India’s most trusted crypto exchange, with over 1.5 million users. They provide the most attractive fees in the market, with variable fees for higher volume trading and a variety of digital assets for the users to trade with. The platform is highly secure, user friendly and very intuitive. ![The future of cryptocurrency and government regulations](https://cdn-images-1.medium.com/max/800/1*yMuwP4CRjtDO3rCu7pn_7g.jpeg)### What is the future of cryptocurrency? Kenneth Rogoff, a professor from Harvard University, had suggested due to the sentimentalism of the “crypto-evangelist”, the market capitalization of cryptocurrency might explode shortly. But he had suggested that the value of each unit will be around $100 and not around $100,000, as some might expect. As of 2021, the price of a bitcoin has surged over $50,000. It is expected that the market capitalization of this currency could be over $5 trillion shortly. While some suggest that the future of cryptocurrency is a gold mine, others indicate that it is a bubble that might burst at any moment. Due to the transactional nature of the currency, it is more vulnerable. Also, the cryptocurrency market is vastly unregulated. That is why many people can still not understand its full potential. While the number of traders who accept bitcoin as payment has been increasing steadily over the past couple of years, it is still a small number. Even though these cryptocurrencies can be bought and saved in high-security wallets, they are still vulnerable to hackers and other malware. Even a simple hardware malfunction could erase someone’s wealth. The future of cryptocurrency is uncertain. Simple retail investors could never know about how the government is planning to regulate it. While some countries are treating bitcoin as “property”, others are treating them as a “commodity”. The government should move towards the future, where cryptocurrencies are regulated and accounted for. They are innovative ways of raising funds for the public, which can help boost commercial activity in the nation. ### How no government regulation impacts the future of cryptocurrency? The future of cryptocurrency currently seems rosy because it is not strictly regulated by the government. Each time the prices reach a new high, government intervention brings down the prices. Since it is fundamentally a peer-to-peer network-controlled system of currency, it can only flourish without any harsh regulations. Generally, no government intervention puts the general public who is buying the bitcoin, at risk. While in a technically regulated market, dumping of stocks or other securities can be a punishable offence, dumping bitcoin is not, as they have not been categorized. In 2019, when bitcoin peaked at around $13,000, there was massive dumping of the shares in the market to bring down the price significantly. Only a regulatory body has the power and the resources to counteract this. The future of cryptocurrency in India is entirely dependent on how fast the country can react to changing volatility of the financial world. Most nations have started building a Central Bank Digital Currency (CBDC) structure. CBDC can be issued and controlled by the Central bank like RBI. It will also be trustworthy, and traders will be encouraged to buy/sell this since this will be backed by the Central Bank. ### What is the impact of increased scrutiny on bitcoin? The volatility of bitcoin has always been the cause of the questionable future of cryptocurrencies. Economists have always been left bemused by the rapid change in the prices of bitcoin and other cryptocurrencies. Since there are no fundamental or other technical factors that can account for these rapid changes in the price, one of the major factors that can be considered by the traders is government regulations. Some notable investment banks have suggested that government acceptance of this new form of commodity is essential to accelerate the prices of bitcoin further up. There a few ways in which increased scrutiny by the government regulatory bodies can control the prices of the commodity- - They can regulate the price of the asset and break the trading circuits to prevent wealth errorsion during volatility times to prevent overinflation of the prices. - They can also curb the rising prices due to the enthusiasm of the traders and the investors, reducing the cost of doing the business. - Lastly, tax commodity and impose stricter regulations and can regulate the prices by making them scarce. However, the chances of all these methods succeeding are pretty low due to the decentralized nature of the cryptocurrency. Bitcoin is extra-national, which means that the ledger accounts handling these are spread across multiple nations. On the other hand, banning the entire band of cryptocurrencies by the government shows their inability to understand and accept the new way of trading and exchange that can be beneficial for the masses. After all this, the effect of the regulations on bitcoin is very limited. Also, not regulating it would make it difficult for the government to charge taxes on the gains one makes by buying and selling cryptocurrencies. The government should also educate the budding investors and make them aware of the risks that come along with trading with cryptocurrencies. **What is the future of Litecoin, Ripple?** - **Litecoins** Made and owned by the Litecoin Foundation, which was founded by a former Google employee, Litecoin has been gaining traction. Litecoin was the future of cryptocurrency for 2021 and followed the trend of bitcoin and increased beside it. In 2022, it is expected to do the same. Since they both work on the same principle, the price rises concurrently with bitcoin prices. - **Ripple** Ripple, officially known as XRP, was found to disrupt the industry and provide one of the lowest transfer fees of any cryp tocurrency assets. Ripple targets customers that aim to transfer huge amounts of money across the nation with minimal fees. XRP aims to become the new industry standard and replace the existing procedure of SWIFT, which has a slower speed and higher charges. XRP seems to have the highest potential among its competitors as it is considered a new industry standard in many nations. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Four Fundamental Economic Problems Bitcoin solves](https://blog.unocoin.com/four-fundamental-economic-problems-bitcoin-solves/) **Published:** May 19, 2021 **Author:** Unocoin Growth **Content:** *If you are a true believer in bitcoin, don’t listen to Elon Musk. Bitcoin is bigger than Elon or Tesla.* ![Four Fundamentals Economic Problems Bitcoin solves](https://cdn-images-1.medium.com/max/800/1*1rcUtIT8zaQSkSyjVeyXVA.jpeg)On May 13th 2021, Elon Musk, the chief behind Tesla and SpaceX made a U-turn about bitcoin. He tweeted a post saying that Tesla has suspended the purchase of vehicle using Bitcoin, referring to the increasing use of fossil fuels for bitcoin mining. As a result, the price of BTC was down by 17% in less than three hours. A public figure like Elon Musk has a huge influence, considering 1. the engineering challenges he has achieved so far in the making of Tesla and SpaceX 2. he gives rise to memes and 3\. he plays around with his nearly 55 million Twitter followers. We can also see how he is fiddling around with Dogecoin — a meme coin with no significant utility yet. Nevertheless, if you are a true believer in bitcoin which is based on a decentralised and trustless network, you don’t have to care what influencers like Elon Musk are saying or twitting. Instead, focus on the core principle bitcoin has offered to us. Never in history has any technology given you so much power and freedom. People like Elon have nothing to do with altering the philosophy behind bitcoin. It is a decentralized virtual currency, which is not controlled by any government or corporation. At a time like this, you need to reflect on the core theory of bitcoin — being trustless, decentralized, scarce. Bitcoin’s blockchain technology is the best hedge against the corrupted monetary institution which has an infinite fiat money supply. As we need to truly focus on the core value of bitcoin, let’s remind ourselves of the four fundamental economic problems bitcoin has solved. 1. **The economic value that is traded globally and freely** For the first time in human history, anybody can trade values globally and freely, without the interference of the government or regulatory agencies. When Satoshi Nakamoto created bitcoin, one of the core philosophies was to give freedom to anybody in the world to trade values peer-to-peer with anyone they wanted to do with. While in the traditional financial system, transferring values cost a huge sum of remittance in transaction fees and foreign exchange cost, with the bitcoin blockchain, every user has a digital wallet with public and private keys. Anyone can freely transact globally using the public keys. Today there are more than one million active bitcoin addresses. In a centralized finance institution like PayPal, every time a person sends money overseas, he/she exposes his/her identity, meaning, there is no censorship. This may not be a problem for everybody, but for people who don’t want their identity to be exposed every time they perform a transaction for whatsoever reason, it undermines their freedom and self-sovereign. With bitcoin, a person need not reveal his/her identity, or name or IP address. With the bitcoin public key, all this information will be censored. Anybody can send the values even being offline. This transfer of value can happen with anyone and anywhere. As of 2021, nearly 10 trillion values have been settled on the bitcoin blockchain. ![](https://cdn-images-1.medium.com/max/800/1*KcsmVEXkZST7DEayI-xDdQ.png)[Active bitcoin addresses.](https://bitinfocharts.com/comparison/bitcoin-activeaddresses.html)**2. The economic value that is fully protected and owned wholly.** In traditional financial institutions, once a person deposits his/her money, the bank can use the money for whatever purpose they want, and technically, it is no longer to the person, though he/she has the legal right to withdraw his/her money anytime. The person’s money in the bank is just the number that the centralized institution can manipulate if they wish. The same thing applies to nonfungible assets like a house or land. If a person did anything against the government, the government can seize the property anytime they wish and the legal system including the local authority enforce and define the ownership status. Here is the thing, under all these systems, a person doesn’t wholly own what they legally own. Their ownership status is always defined and enforced by the authority and legal system. In the case of bitcoin, a person’s private key defines their ownership. Every user has a unique private key. This private key can be stored anywhere, be it cold storage or a piece of paper. This private key proves that a person has full protection and owns wholly over their economic value. **3. The economic value that is reliable and predictable** > *“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.”* > *~Satoshi Nakamoto* It is no doubt that traditional financial institutions require trust to work, yet they misuse this trust. In August 1971, after the then-US President Nixon ended the convertibility of gold into dollars and vice versa, the central banks started printing unlimited fiat currency from the thin air. Amidst the COVID-19 pandemic, 35% of all US Dollars ever printed were printed in the last year. This made the traditional financial institution unreliable and unpredictable. In the case of bitcoin, the network itself is reliable because of its proof-of-work model. Every transaction is broadcasted across all nodes in the network. To make bitcoin predictable, by design, only 21 million bitcoin can ever be created, and anyone can know when and how all this bitcoin will be created. **4. The economic value that is verifiable** Banking is all about recording the transaction and maintaining those transactions in the form of a ledger. In a centralized financial institution, people don’t know whether these transactions are recorded as they ideally should be or are manipulated due to the lack of transparency. Thanks to blockchain technology, in the case of bitcoin, every transaction is recorded and verified in a distributed ledger that is available for anyone to see. You can download all the transactions that have ever happened since the first transaction in January 2009. A bitcoin user can validate and verify all the inbound transactions and also check whether bitcoin has been spent more than once. The network also allows users to verify the ownership of the economic value. ### Conclusion With the massive success of bitcoin over the last decade, it threatens traditional financial institutions. They will have to innovate and embrace bitcoin technology and make plans to co-exist with this impressive technology, otherwise, they will become irrelevant. Countries like Singapore and Japan are already making their way and attracting global investors to their pool. Bitcoin is here to stay. Though it may be hard to accept, it is changing the way we do banking. If governments and banks around the world make necessary friendly policies to welcome this technology, it will be a win-win for every human. Note: This article is originally written and produce at[ Unocoin](https://www.unocoin.com/in), India’s first and most secure Bitcoin and Crypto exchange. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Why is now the perfect opportunity to enter the market?](https://blog.unocoin.com/why-is-now-the-perfect-opportunity-to-enter-the-market/) **Published:** May 26, 2021 **Author:** Unocoin Growth **Content:** #### Why did the bitcoin value drop drastically this past week? ![](https://cdn-images-1.medium.com/max/800/1*Ip8fkXoX07uPkSFalHFmng.jpeg)Seamless INR deposit to buy crypto on Unocoin.If you are on the internet, chances are you have heard of bitcoin, cryptocurrency and dogecoin — the popular meme coin. And we are sure you have heard about them a lot more this month. Bitcoin and other cryptocurrencies have been trending every alternative day on Twitter since the beginning of 2021. Some people have joined the millionaires club (if not the billionaires’ club), in less than 45 days by intelligently investing in crypto coins. The rise and rise of cryptocurrency have attracted many people, including notable personalities like Elon Musk who once wrote ‘In retrospect, it was inevitable.’ Bitcoin, in recent times, has proved to be the best store of value and has stood the test of time since the last decade. Yet, there ought to be certain corrections along the way. Since the past two weeks, the crypto market has seen a huge wreck — throwing investors into chaos and, especially the fresh investors who are seeing this type of plunge for the first time. Some fear that the crypto bull market has come to an end like in 2017. However, on the other hand, the expert and the true crypto maximalist are making wise decisions and taking advantage. ![](https://cdn-images-1.medium.com/max/800/1*cZeqo890RubPnGSe-ZlJxw.png)Bitcoin price value.From May 13 to May 23, 2021, bitcoin plunged more than 40%, ether more than 50%, and other cryptocurrencies followed suit. Two reasons caused this plunge: ### **1. Elon Musk and Tesla:** Elon Musk, the chief behind Tesla and SpaceX made a U-turn saying that Tesla has suspended vehicle purchases using bitcoin, citing the increasing use of fossil fuels for bitcoin mining. Early Ark Invest and Square had published that 76% of bitcoin mining energy comes from renewable energy sources. Nevertheless, an elite billionaire like Elon with his 45 million Twitter followers had a huge influence on the market. His influence is also seen in how he drove the price of Doge to a crazy ride. ### 2. FUD upon China’s report on banning Institution that deals with Cryptos: On 19th May 2021, there was a report from China that the country is banning financial institutions and payment companies from providing any cryptocurrency-related services. Earlier, the People’s Bank of China stated that “virtual currencies are not supported by any real value”. Though they did not issue any statement regarding the ban on individuals for holding cryptocurrencies, with the massive population of the country, a sizable crypto market share, and the majority of the bitcoin mining centres operating in China, it did, hugely, affect the entire crypto market. Kindly recall, China also released a similar statement back in 2017. Despite the chaos going around in the crypto market, intelligent investors have already understood the true power of crypto and the monetary financial problem it has solved. Crypto gives you three fundamental banking freedoms: > Freedom to send money from any part of the world, > Freedom to receive money from any part of the world, > Freedom to store value without worrying about inflation Truly decentralized bitcoin is bringing the greatest wealth distribution in history, allowing anyone, anywhere around the world to participate in the world economy. At a time like today, the crypto maximalists who believe in its future are taking the opportunity to accumulate more of it. Corporations like MicroStrategy and hedge funds are buying the dip. This is why you should buy the dip, as the market is offering you the best opportunity which you might not get again. Remember you are not delayed to buy bitcoin. You are still an early adopter if you buy today. To make it easier for you, [Unocoin](https://unocoin.sng.link/Awg8j/muop/1q7i), India’s first and leading bitcoin and crypto exchange offers the most secure crypto wallet and also has instant and seamless INR deposit to buy Crypto. Jab Unocoin de aapko #SeamlessDeposit toh #DepositKaro If you are now eager to buy crypto and be ahead in the race, you can click on the link below to read the article about the steps that you need to take to acquire cryptocurrencies. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Te legram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). NOTE: This is not financial advice, please do your own research before investing. **Categories:** Blog --- ### [10 Best Cryptocurrency Wallets in India 2021](https://blog.unocoin.com/10-best-cryptocurrency-wallets-in-india-2021/) **Published:** June 9, 2021 **Author:** Unocoin Growth **Content:** Cryptocurrency is a digital financial asset that is transferred and dealt with on digitally secured platforms that operate on decentralized blockchain technology. The growing popularity of cryptocurrency opened several challenges. This has also given rise to numerous platforms and, these platforms are always innovating to provide solutions to those problems. Read this article to know about the types of cryptocurrency wallets and which is the Best Cryptocurrency Wallet In India. ![](https://cdn-images-1.medium.com/max/800/1*qv7XQ3aIO9vMsXX9HYFu4w.jpeg)#### A Brief about Cryptocurrency Wallet A cryptocurrency wallet is a software program or a hardware device or an online platform that stores your public and private keys. The keys are used to send or receive blockchain cryptocurrency tokens. The keys are considered very secure to communicate with blockchain cryptocurrency ledgers. You can easily check the cryptocurrency balance in your preferred cryptocurrency wallet with just the public key. Unlike usual wallets, the cryptocurrency wallet does not hold the currency as it never exists in physical form but rather records the transactions of cryptocurrency. When you send or receive digital currency like bitcoin, the currencies are assigned to the concerned cryptocurrency wallet address. To use that digital currency, the private key that is stored in your wallet must match the public address that the currency has been assigned to. After the keys are matched, the balance of the receiver’s wallet will show an increase. The cryptocurrency wallet consists of three categories, namely, software, hardware, and paper. The software wallet can be in the form of a desktop, mobile, or online. - **Desktop:** Desktop wallet can be installed on a PC or laptop. It offers the highest security to your funds, but there is a possibility that you may lose all your cryptocurrency if your PC gets hacked. This type of wallet can only be accessed on the computer on which it is installed or downloaded. - **Online**: As the name suggests, the online wallet works on the cloud and can be accessed by the owner on any computing device connected to the internet. The main feature is that it can be easily accessed at any location. However, as it is an online platform, it is more vulnerable to online thefts and hacking. - **Mobile**: Mobile wallets are very convenient as they can run on your mobile. This is more compact and much easier to use anywhere because it occupies a small space. - **Hardware**: Hardware wallets store the private keys of hardware like a USB. The security is highly increased because the storage is offline regardless of the online transactions. The hardware wallets are compatible with the web and easily navigable. It supports different types of cryptocurrency. One can perform the transaction by accessing the internet. There is not much danger of online theft or hacking. - **Paper**: Paper wallets give the highest level of security and commitment. It is very easy to use and access. You can either have a printed copy of keys or software that can generate a pair of keys on the spot to be printed for further use. #### About Unocoin Unocoin is considered the most trusted platform in India to trade cryptocurrency or assets such as bitcoin. It is the best place to buy, sell, store, and use cryptocurrency in a secured manner. It also gives you the feature of paper wallets. #### 10 best cryptocurrency wallet in India 2021 To keep your funds and transaction records safe and secure, you should be informed of the best crypto Wallets in India. Knowing the best crypto Wallets will make sure that you place your trust in the right cryptocurrency wallet. Let’s have a look through the best crypto Wallets In India 2021. 1. **Unocoin Wallet** Leading the cryptocurrency game in India is Unocoin, which is the best crypto Exchange in India. This wallet is an application-based cryptocurrency wallet that is connected to the user’s Unocoin account to increase the accessibility of the user. This platform supports the top Cryptocurrencies in India, such as bitcoin, ethereum, and tether. Unocoin wallet is very compatible with Android and iOS operating systems. It provides two-factor authentication or OTP based authentication to avoid any theft and ensure safe transactions. This platform offers multiple buying plans for the user to add funds to the wallet. After a significant amount of time, the account of the user is updated so that the user can enjoy several benefits provided solely to the upgraded customers. It has an integrated merchant gateway for payments. The user needs to pay a minor fee for transactions. Unocoin wallet can also be used for recharging phone bills or DTH services. Due to so many advantages, the Unocoin wallet is considered the Best Cryptocurrency Wallet In India. **2. WazirX Multi-Cryptocurrency Wallet** WazirX Multi-Cryptocurrency Wallet is also known as the Best crypto Wallets in India. It is present as both web-based wallets and mobile wallets for the ease of users. As one of the Best crypto Exchanges in India, it gained instant and huge popularity among users after its release. It provides two-factor authentication or OTP based authentication to avoid any theft and ensure safe transactions. Crypto coins of various types can be traded on this platform. Users available on every type of domain can easily access their WazirX account. There are no intermediaries to deal with, and you can do the transactions directly with the concerned parties. **3. Coinbase Bitcoin Wallet** This is one of the Best crypto Wallets which provides a mobile-based wallet for users’ unlimited convenience. The user can store the bitcoin and other cryptocurrencies and perform the transactions in the easiest manner possible. You can easily access the wallet from your mobile at any location and perform the desired task or use your cryptocurrency. The Coinbase wallet application provides an excellent and advanced security feature called Secure Element Technology (SET) and biometric authentication to keep your keys safe and secure. Coinbase Wallet has an in-built feature for eCommerce so that companies can integrate the cryptocurrency gateway onto their website to give users the choice to use it if they wish. **4. Ledger Nano X Bitcoin Wallet** For people looking for the Best Cryptocurrency Wallet In India, Ledger Nano X Bitcoin Wallet might be the best choice for them. It is the hardware wallet with the highest safety feature. It is the USB type Wallet used for storing bitcoin which consist of highly secured chips and custom OS for maximum security. It is compatible with all operating systems such as Windows, Linux, macOS, and so on. Ledger Nano X Bitcoin Wallet is compatible with all kinds of updated operating systems. It is compact, and the user can easily carry it anywhere. It can manage up to 24 coins and 1250+ ERC-20 tokens and can be accessed directly from smartphones. **5. Trezor Model T Bitcoin Wallet** As one of the Best crypto Wallet in India, this hardware wallet can manage up to 8 coins and 1000+ ERC-20 tokens on a secure platform. The hardware is lightweight and compact, which makes it easy to carry anywhere. It provides a firmware signature verification or authentication along with a protected bootloader and regularly updates security features to protect user’s funds. In case the security authentication fails, the hardware device will format all the information to protect the user’s assets. It has a full-colour touch screen to provide the best user experience. **6. Exodus Bitcoin Wallet** You can also perform transactions with one of the best crypto Wallet of India, through the desktop, mobile and hardware wallets of Exodus Bitcoin Wallet . The user can store the keys on this desktop wallet. The encryption feature of Exodus ensures maximum security of the keys and transaction data. QR codes can be used for transactions of numerous crypto assets without any hassle because Exodus cross-checks the addresses for any error. **7. Trust Bitcoin Wallet** Trust Bitcoin Wallet is used for managing bitcoin and other top cryptocurrencies of India like ethereum, litecoin, ripple, and ERC-20 tokens. This is a mobile app-based wallet that is very convenient for the majority of users. You can directly deal with your cryptocurrency on this platform, away from prying eyes. Trust Wallet uses security features like PINs and biometrics to protect the keys and crypto-assets. QR codes are used on this platform for transactions. **8. Guarda Bitcoin Wallet** It provides the user with the choice of web-based, mobile-based, and desktop-based wallet to manage different crypto assets. It has currency-specific features to give advanced options to users. It lets the user have access to the blockchain directly from the browser. The user must never forget their password or all their funds will be lost because Guarda never stores the user’s keys. On this platform, the pairs of keys are directly generated from the browser to perform the transaction. It also has an in-built currency exchange. **9. Cool Wallet S for Bitcoin** Apart from the latest versions, this hardware wallet is compatible with the older versions of Android (6) and iOS(9) as well. The private keys are stored securely in a chip with military-grade security. It can be changed easily and has a standby life of 3 months. It can manage 12 coins and all ERC-20 tokens. **10. BuyUCoin Multi-Cryptocurrency Wallet** This platform provides excellent security measures like encryption, hashing, and two-factor authentication, along with advanced algorithms to prevent online theft. The storing and transactions run on separate platforms to avoid any inconvenience. It supports 30+ digital currencies, and you can trade directly from the wallet. **FAQs** 1. Which wallet is best for bitcoin in India? If you are looking for hassle-free and safe transactions, then Unocoin is the best wallet for bitcoin in India. 2\. What is the best crypto wallet? Among the top Crypto Wallets in India, Unocoin stands out because of its user accessibility and flexibility. It provides multiple payment options across platforms. 3\. Is buying cryptocurrency legal in India? Cryptocurrencies are not legal tender in India, but the exchanges and trading are legal. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [El Salvador becomes the first country to adopt bitcoin as legal tender](https://blog.unocoin.com/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender/) **Published:** June 12, 2021 **Author:** Unocoin Growth **Content:** What does it mean for bitcoin and its lovers? The law took us a step closer to realizing Satoshi Nakamoto’s dream of financial inclusivity and a truly open and free market. Bitcoin was created in the aftermath of the 2018 financial bubble and since then, the price of the coin has risen more than 9,000,000%, making it the best store of value. The history of bitcoin has had many ups and downs in the past twelve years. It has declared death more than 400 times and most of the governments around the world refused to embrace the revolutionary bitcoin. Even in the investment world the legendary investor Warren Buffett refuses to acknowledge the success of bitcoin. ![El Salvador becomes the first country to adopt bitcoin as legal tender](https://cdn-images-1.medium.com/max/800/1*k04fyYfxjp8r_9p-jstU5w.jpeg)Yet, history is in writing. On the 8th of June 2021, El Salvador, a country in Central America became the first country to adopt bitcoin as legal tender. This happened with a supermajority approval after passing the bitcoin law in congress. ![](https://cdn-images-1.medium.com/max/800/0*7f9fVCPcJId0RhPt)Nayib Bukele, the President of El Salvador announced to the world that his country will use bitcoin as a legal currency alongside USD which is currently the country’s official currency. This news is a huge thing for the entire crypto space, the bitcoin community in particular, and of course to the whole world in general. Now, many South American countries and African countries are in the process of following the suit. ### Passing Bitcoin Law, El Salvador is making the financial system inclusive According to the World Bank 2017’s report, there are 1.7 billion adults unbanked — without an account with a financial institution or through a mobile money provider. Even when the other parts of the world are racing to space, building robots, enjoying massive economic growth, and building trillion-dollar empires, there are more than billions of people deprived of modern economic growth with no accessibility to banking. One of the main reasons for this is because it’s too expensive and not profitable to bring modern banking systems to remote countries. Satoshi Nakamoto, the creator of bitcoin knew this very well and he/she or they wanted to create an inclusive financial system where anybody from anywhere in the world can participate in this free market economy. The President of El Salvador, Nayib Bukele wanted the people of his country to participate in this economy. He could do so by making bitcoin a legal tender. It must be noted that approximately seventy per cent of the population of El Salvador does not have access to traditional financial services. The statement of the bitcoin law read “The state should facilitate the financial inclusion of its citizens to better guarantee their rights”. Thus by making bitcoin a legal tender, the country is banking the unbanked and making the financial system inclusive. ### A truly open and decentralized economy The President of El Salvador understands the complexity of the modern-day banking system. More importantly, he knows that a decentralized monetary system like the bitcoin blockchain can solve this complexity. Most of us already know this — when a person sends money from abroad to their home country, there is a remittance charge and conversion fee, which means he/she has to pay some more money to send the money. El Salvador solved all these intermediaries away with Bitcoin Law. Millions of people can now transact value anytime, anywhere, and with anyone. Thus, facilitating the citizens to directly participate in a free and open decentralized economy. ![](https://cdn-images-1.medium.com/max/800/0*PgLqphhZHY7VlKSG)### El Salvador by becoming the first country to make bitcoin a legal tender is attracting world talent and investors. For a long time, the bitcoin and crypto community have been looking for nations and states, where they can do rightful and legitimate business with crypto and blockchain. And this just opens their way. As soon as the world heard the news about El Salvador making bitcoin a legal tender, millions of bitcoin lovers and crypto enthusiasts are showing their interest to move or travel to the country. Not everyone of course, but some tech and crypto entrepreneurs and investors will soon make a move. This could also be seen when the El Salvador president joined the Twitter Space discussion along with 10,000 other people from around the world while Congress was passing the historic law in the house. ![](https://cdn-images-1.medium.com/max/800/0*aOyv6fcCTM8ZJzXp)### Conclusion As we can see, a lot of things are happening around the crypto world, mostly fronting it. Countries like China are banning institutions from dealing with cryptocurrencies, but want to be at the forefront of Blockchain development. The Indian government is yet to fully embrace bitcoin technology. Even in the U.S., news and media houses are spreading rumours that the FBI is hacking the account of bitcoin holders. We have to accept bitcoin and crypto-like El Salvador did. According to the World Bank report 2017, India has the second-highest population without an account at the financial institution. This number is 190 million. Thanks to the bitcoin blockchain. Today we have a technology that can bring banking to the unbanked in a more efficient way and allow the citizen to participate fully in the open market economy. If you also want to participate in this new emerging economy, [Unocoin](https://unocoin.sng.link/Awg8j/kh1x/azic) — India’s first Bitcoin and Crypto exchange is all you need. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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 Coi ns. Love Unocoin. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin’s Security -Excellent, Subtle and Thorough](https://blog.unocoin.com/unocoins-security-excellent-subtle-and-thorough/) **Published:** June 15, 2021 **Author:** Unocoin Growth **Content:** When it comes to your valuables, assets, finances or money, security is the first thing you look for. You want your money to be safe. You want to have full ownership of it. You want only you to decide for your money. And when it comes to digital currency, most of us, even the players in the world of finances, have a sharp eye on how, when and where our money is going. This tight inspection is extremely essential and must ideally be appreciated. After all, your finance is your power! ![](https://cdn-images-1.medium.com/max/800/1*CHokFpr1RmsDhi8I_L15tA.jpeg)And hence, since 2013, [Unocoin](https://unocoin.sng.link/Awg8j/vzda/ej8a) has been tirelessly serving the Indian digital assets community with one of the main goals: **Security**. We have always believed in offering our customers the best and most secure blockchain services. ### Offline, Encrypted Security Insured ![](https://cdn-images-1.medium.com/max/800/0*2GyUGagJUczKXT4S)Crypto is a purely digital entity that can only be stored in digital form. The important affair for Unocoin is to make sure your investment is protected in a way that gives you access whenever you need it while keeping out the eccentricities away from our storage. This is when **security** comes into the picture. And, at [Unocoin](https://unocoin.sng.link/Awg8j/vzda/ej8a) we are extremely cautious about how we secure our users’ crypto assets. Most of the crypto assets on Unocoin are stored offline. The set of multiple addresses for offline storage are generated on a computer that has never been (and never will be) connected to the internet. ### The first step towards ensuring your security with us — AML and KYC To completely secure you we need to know you completely. Hence, help us know you. And you can do that by adhering to our KYC (Know Your Customer) and AML(Anti-Money Laundering) policy. ![](https://cdn-images-1.medium.com/max/800/0*pvFrpYNpAwSrNtcS)[Unocoin](https://unocoin.sng.link/Awg8j/vzda/ej8a) is India’s leading crypto assets company that never compromises with the KYC (Know Your Customer) and AML(Anti-Money Laundering) policy. Our policy has always been very clear and strict with KYC’s. Being a self-regulated company we follow certain customer identification procedures for opening accounts and monitoring transactions. We are committed to ensuring that our website or services are not used to facilitate money laundering or the funding of terrorism or any other criminal activities. ![](https://cdn-images-1.medium.com/max/800/0*obO_cz2ficUG-teS)As a part of the identification procedure, we need to obtain certain customer identification documents which include a copy of the PAN card, Aadhaar Card, bank details and Phone number, email id and Passport size photo from every customer. This process makes us aware of whom we are receiving money from and to whom we are sending money. This process helps us to take necessary precautions against any illicit purposes. To ensure this objective is fulfilled, we have designed our KYC and AML information acquiring system which will help us to safeguard our customer’s information and ensure a clean barter system between the two parties. ### Revamping and reassuring We are here to innovate, moreover, grow and come out as the strongest, most robust and highly trustworthy crypto trading platform. We, hence, also cater to the general and security concerns that we encounter time and again. #### **1. Auditing** Although it is difficult for our users to verify certain claims, Unocoin does not (cannot) declare the individual user accounts without sacrificing privacy. We conduct periodic audits of our platform by internationally recognized security firms, and our company auditor performs the periodic auditing of digital asset balances. We also have always been willing to undergo an external audit by a reputed auditing firm like one of the Big fours if needed (even if it is initiated by one of our users). #### **2. Our support** We are in full support of the proof of keys movement and believe that every user has the right to know the status of their funds. As the technology evolves over time and if there emerges a method to prove the holding claims in a way that won’t sacrifice the security and privacy of involved stakeholders, we are compliant to employ the same. ### Our recommendations for users While we make sure our platform is intrinsically designed in such a way to take care of your security, it is also essential that you perform some necessary actions and ensure that essential guidelines are followed from your end too. 1. Always use HTTPS while accessing your Unocoin account to ensure privacy and data integrity. 2. Enable 2-factor authentication. Do not reveal the google authenticator string to anyone. 3. Make sure the password is the combination of upper case and lower case alphabet(s), numeral(s) and special character(s). 4. Your password must at least be 8-characters long. 5. Make sure the Unocoin password is not the same as the Gmail or any other password that you use on other platforms. 6. Change the password of both Gmail and Unocoin account once a year. Make sure the passwords for respective platforms are not the same as the previous passwords for corresponding platforms. 7. NEVER share your login credentials with anyone. 8. Do not believe any random person who shares their phone number or claiming to be from Unocoin Support Team. You can always refer to our website for our helpline number and also write to support@unocoin.com. 9. Do not open your mail or other links while your Unocoin account is logged in. Visiting a malicious link might lead to browser compromise which might, in turn, lead to compromise of your Unocoin account, leading to loss of your crypto asset(s). Use a different browser instead. 10. A paper wallet is preferred. Do not save anything on personal devices( eg. computer or mobile phone) or cloud (email or drive). To access the Paper Wallet, go to Settings > Wallet Settings > Paper Wallet. ### Fact checks Unocoin wants all our users to understand the following important pointers and agree to them before getting started with trading and investment in crypto assets. There should be no shocking surprises for our users! Here are some facts, knowledge material and risk warnings for your awareness (or revision!) 1. Cryptoassets transactions are irreversible. 2. Any crypto assets you buy will be credited to your respective crypto wallet. 3. If you lose the credentials of your own wallet that is handled by you, you will lose your crypto assets and Unocoin will be unable to help you to restore them. 4. Remember to backup and secure your wallet seed phrases or private keys. 5. The crypto assets’ market is very volatile and prone to bubbles. Rapid price swings or fluctuations are expected. 6. Investing in crypto may be considered a high-risk activity. Proper and sound judgment should be used in evaluating the risks associated with these activities. 7. The market price changes over time and so your crypto value may be of more worth or worthless in the future. 8. Cryptoassets are not monitored or backed by any regulatory body, government or otherwise. 9. Unocoin does not solicit nor make any representation that Bitcoin or any crypto assets are an investment vehicle. Neither Unocoin nor anyone else must buy back your Bitcoin/crypto assets in the future. 10. The decision to trade rests entirely on the user’s own independent judgment. ### Privacy Policy ![](https:// cdn-images-1.medium.com/max/800/0*zfVOsgyGKaMHEeEz)When we talk about the security of your money, we also want your attention to understand that security is not limited to money. Your money is important to you, but you are not just your money! You are important to yourself too. The security is of your identity too. With your identity comes the information that you share with us. And with that, comes our responsibility to talk about the privacy of your personal information. We know we are sounding like Uncle Ben from Spiderman! Hey, but you need to read this. Upholding the privacy of our clients is an immensely important concern for Unocoin. This privacy policy governs our collection, processing, use and storage of your personal information for internal use **only**. By using the website [www.unocoin.com](http://www.unocoin.com) you consent to the Unocoin privacy policy and data practices. We periodically make changes to the Privacy Policy. Your use of the website and following the change in the Privacy Policy signifies that you accept and agree to our policies. Unocoin collects your personal information for opening an account and also for your transactions. Your details include your: a) PAN card details b) Aadhar card details c) Contact number d) Email ID 1. **Use of your Personal Information:** While for your transaction(s) we keep a track of your bank details and information about your IP address and the device or computer used by you for the purpose. Unocoin further uses your personal information to: a) To process transaction(s), b) To send periodic emails and SMS with update(s), promotion(s), company news, and notice(s) regarding changes to policies, c) Customize, measure, and improve Unocoin Service(s) and the content and layout of our website and applications, d) To analyze the use of the website, e) Prevent potentially prohibited or illegal activities, and f) To undertake a verification of your identity with third party electronic identification providers. **2. Disclosure of your Personal Information** No personal information of any user is disclosed for any purpose. Stored personal information is available only to the user for editing purposes and to customer service personnel, verification department, administrators, consultants, third-party entities and service providers who are bound by non-disclosure agreements. You also agree that Unocoin is free to transfer/disclose any information shared by you with us, to a related party or an affiliate or any entity controlled by the promoters of Unocoin. We, sometimes also transfer your information during the sale of assets or business to another company, demerger into another company while getting acquired by another company or getting merged with another company. **3. Changing your Personal Information** If you wish to update your personal information for smooth transactions and other processes, you may also do so. You may access your personal information to make changes or corrections by visiting Account Settings -> Settings. However, when you change any personal information, you will need to provide the documents again and go through the verification procedure before your changes come into effect. Though we have strong security and privacy policy, we do sometimes, share information with law enforcement and government officials when we are compelled to do so by a court order or similar legal procedure. **4. Cookies** We might also place cookies on your device while you access the website. In this regard, we use flask cookies to promote account security, as well as both session and persistent cookies. Any sensitive information in these cookies is encoded so that only Unocoin can interpret the information stored on them. The cookies are placed for the following purposes: a) Recognize you as a Unocoin customer, b) Collect information about your computer to mitigate risk and help prevent fraud, c) Customize your experience, content, and advertising. d) Measure promotional effectiveness. e) While Unocoin will attempt to notify you of these changes, it is your responsibility to review this privacy policy on regular basis and remain informed and updated of any changes. ### Lastly… Ensuring security is not a one time process. It is continuous, topmost, inseparable & repetitive monitoring. And hence, to get better at it, we are also taking the following steps going forward. 1. Increasing the frequency of educating our customers regarding the security measures they should be taking to keep their accounts secure. Please follow all our verified social media accounts. 2. Considering the hardware-based authentication preferably through UbiKey for the customers who would want to opt for it. ![](https://cdn-images-1.medium.com/max/800/0*S72dzG0SqdKMbAtU)While we do our best to provide the best in class security measures to safeguard our user’s data and their funds, it is important to note that the users also need to understand and employ the best security practices to safeguard themselves at their end. Kindly take this opportunity to read (or re-read) our guidelines here . [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth a>](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bringing Bitcoin to Billions](https://blog.unocoin.com/bringing-bitcoin-to-billions/) **Published:** June 22, 2021 **Author:** Unocoin Growth **Content:** Unocoin: India’s first Bitcoin and Crypto Exchange India has an over 1.3 billion population. About 20% of them have no access to formal finance banking with over [191 million adults still unbanked](https://timesofindia.indiatimes.com/business/india-has-second-largest-unbanked-population-in-the-world/articleshow/64570254.cms). With the introduction of Aadhar, Jan-Dhan Yojna and BHIM UPI, we did see a massive increase in bank account holders. Yet, with a huge sized population, our economy still suffers a big sink. ![](https://cdn-images-1.medium.com/max/800/1*N7Zw_uzhgzN7ZEPV5T7o9g.jpeg)A healthy economy is driven by an open and free market that allows citizens to trade freely and globally. In the economic world today, there are many protocols that one needs to follow. Even if you just wish to send your money, the process would still be tedious. Countries impose certain tariffs on each other while importing and exporting goods and whenever there is financial trading. Institutional banks charge hugely when clients transact internationally. With all these issues existing, bitcoin came to the rescue. The year was 2008 — in the aftermath of the Economic Recession, an anonymous person by the name of Satoshi Nakamoto wrote a nine-page long whitepaper on Bitcoin: A peer-to-peer electronic cash system that claimed to solve the Byzantine General Problem. And this is taking the world by storm. It was 2013 when the first Bitcoin and Crypto Exchange — [Unocoin](https://unocoin.sng.link/Awg8j/ic3u/lhwf) emerged in India. The story of Unocoin was like any other startup of Bengaluru. The co-founders of Unocoin met in a meetup cafe, some of them came back from abroad from their studies or work. With a vision to enable Indians to enter into the bitcoin world, they took their chance to build Unocoin. And today they are serving nearly 1.5 million customers. ![](https://cdn-images-1.medium.com/max/800/0*Gw2QOrLoCTR1VvsM)### Countries around the world are becoming more Bitcoin and Crypto friendly Recently, El Salvador, a country in Central America became the first country to consider bitcoin as a legal tender. Salvador’s can now use bitcoin for any transaction alongside their national currency which is USD. This is a big milestone for bitcoiners and crypto lovers from around the world. Inevitably, countries in South America and Africa are expected to follow suit. ![](https://cdn-images-1.medium.com/max/800/0*hHLSroUUuTvf0YOw)### Bitcoin is all about financial inclusivity and India can greatly benefit from it. Bitcoin and any cryptocurrency for that matter are distributed and decentralized. No nation or corporation has control over this. With a simple smartphone and the internet, you can buy, transact, and hold bitcoin from anywhere and with anyone. Now that India has a huge population, bitcoin can enable 1.4 billion Indias to directly participate in the open, free international market, which will push India’s economy forward. ### Focus on bitcoin philosophy and not price for a long-term goal We all know that you bought bitcoin to gain profit and there is nothing wrong with that. In the last decade, bitcoin has given more than 90,000,000% gain and that is huge! But now, as you have invested into this assets’ class for profit, stay for its philosophy, because bitcoin is much more than its price. Think in this way, how much of your money do you want to protect in blockchain, a technology that is immutable, transparent, decentralized and gives you full control over itself. It is time we see bitcoin vs. all the traditional banks that are inefficient, prompt to manipulate, and lastly, economic inflation where your money loses its value over time. The bitcoin blockchain not only provides an investment incentive but also the best store of value. Now is the time to try learning the amazing technology behind it in spite you already have bought bitcoin. ### Choose the right one, not the best one ![](https://cdn-images-1.medium.com/max/800/0*0_A8vIpEAn_vqxwc)Now, coming to the action part, how can you start investing in bitcoin. Best is not always the right one. In the world of marketing and common ground, everybody claims to be the best, the largest, the strongest. But is it the right one? Think again. I am not here to say, Unocoin is the best platform to buy bitcoin. I am here to say, [Unocoin](https://unocoin.sng.link/Awg8j/ic3u/lhwf) ALSO is the right one that stood the test of time since its inception in 2013. It has gone up and down, fought for the crypto community in India, stood firm to its philosophy — just like bitcoin. It has learned and understood the emotions of its customers and has adapted over time. It happens to be the right platform for many and maybe even yours! ![](https://cdn-images-1.medium.com/max/800/1*tyIH9h1lLBjOBt4AqWvfbg.jpeg)People who stood at the Supreme Court to fight the case against RBI and win the freedom of crypto for India! Our Co-founder Harish is second from the left and Jaideep Reddy our lawyer on the rightmost corner.### Conclusion Bitcoin is inevitable. It has stood the test of time and it is here to stay. The best thing anyone can do for themselves that will give them a better future is to accumulate as much bitcoin as they can afford NOW. This is not financial advice. DYOR — Do your own research. Bitcoin is all about financial inclusivity, bringing hope to the financially unreached people, and redistributing the concept of finance to the world. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platfo rm. Love Crypto Coins. Love Unocoin. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bonus Bitcoin](https://blog.unocoin.com/bonus-bitcoin/) **Published:** July 3, 2021 **Author:** Unocoin Growth **Content:** Bitcoin is a peer-to-peer digital currency that was institutionalised in the year 2009, and it further started a novel era of cryptocurrency. A bonus bitcoin is a website that emerged as the biggest and the most extensive bitcoin faucet that presents people with cryptocurrency(bitcoin) once they are done with captcha verification and other related tasks. However, there are a lot of questions in people’s minds related to bonus bitcoin that will be answered in the latter part of this article. ![Bonus Bitcoin](https://cdn-images-1.medium.com/max/800/1*S0tLq0lJoYdOhnJJvHjUJA.jpeg)A bonus bitcoin is a website that came into existence on the 26th of November 2015 that rewards traders with a small number of bitcoin every time the person solves the captcha or Recaptcha. This bonus bitcoin is the most extensive bitcoin faucet that holds a payout scheme every time the user performs a task. Bonus Bitcoin has been created to target two groups of individuals, one being the individuals who are contemplating earning some money online and trying their hands on some bitcoin. The other group is the advertisers who own services or products that target cryptocurrency fanatics. For advertisers, this platform presents a chance for people to reach others who also show interest in cryptocurrency. #### About Unocoin Unocoin is the most esteemed bitcoin trading platform in India and is one of the most far-reaching ecosystems of bitcoin dealers. They facilitate their customers to purchase, trade, reserve, utilise, and receive bitcoin. Moreover, they present bitcoin swap and OTC (Over The Counter) assistance and aid their users with a mobile application on any device. **How to get Bonus Bitcoin without reaching the credit card limit?** To get a bonus bitcoin without reaching the credit card limit, you will require a free bitcoin faucet. This faucet is a reward system that comes in the form of a mobile application or website that provides you with a bonus bitcoin free of cost, without maxing out your credit card limit. These free bonus bitcoin faucets hold an option to present users with prizes in bitcoin where the users get bitcoin in the form of Satoshi. To claim these free bitcoin, the users will require a bonus bitcoin wallet that can either be a cloud-based bonus bitcoin wallet or a client-side one. These faucets strive to become the highest paying ones, which is why they retain the highest claim amount possible. Hence, if you are looking for a bonus bitcoin without reaching your credit card limit, you can log in to these free bitcoin faucets and grab free bonus bitcoin without exceeding your credit card limit. **Pros and Cons of Bonus Bitcoin** Most of the bonus bitcoin review that can be obtained on the internet concerning the Bonus Bitcoin faucet is assertive. Clients have also asserted that this bonus bitcoin faucet pays frequently. Of course, some individuals manage to receive a bonus above the standard; however, the assistance does not mislead users and does not conceal anything from them. Mentioned below are some of the pros and cons of bonus bitcoin. **Pros** 1. Serviceability This bonus bitcoin website has been for an extended time, and the traders never own any difficulty with getting their own funds. 2\. Supreme reward value Even though the mediocre growth is not enormously distinct from other distinct faucets, there is yet an event to receive more since the supreme value of the reward is as significant as 5000 satoshi. Of course, it is evident that not every person receives it; however, just the presence of such a potentiality is still gratifying. **Cons** 1. Susceptible to volatility Although bonus bitcoin is a great way to earn free bitcoin easily by solving a few captchas, the bitcoin earned are highly susceptible to volatility and further hold huge market fluctuations. **Payout of Bonus Bitcoin** Once you have accumulated free bitcoin in your bonus bitcoin account, it is extremely easier to obtain the payout of these bonus bitcoin. All a user requires to do is log in to their account with their username and password. Right after the login, one must click on the ‘withdraw’ option and get the earned bitcoin transferred to the wallet. **Performance of Bonus Bitcoin** The performance of bonus bitcoin is extremely promising so far, and the bonus bitcoin review is also very positive amongst users. After looking at the performance of this bonus bitcoin website, it is evident that it is a legitimate one and does not make any false promises. **Frequently Asked Questions (FAQs)** 1. What is a free bitcoin faucet? A free bitcoin faucet is a website that allows users to earn free bitcoin once they complete certain actions like solving some puzzles, captchas and many more. 2\. Are bitcoin faucets profitable? If utilised strategically, these bitcoin faucets can be extremely profitable. These bitcoin faucets are further regarded as the easiest and most cost-effective way to earn free bitcoin every hour and can yield higher returns in the long term. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Everything you need to know about bitcoin Loan](https://blog.unocoin.com/everything-you-need-to-know-about-bitcoin-loan/) **Published:** July 12, 2021 **Author:** Unocoin Growth **Content:** Do you have extra bitcoin assets and no idea what to do with them? Here’s a guide to take you through the bitcoin loan essentials. In this article, you will gain useful information about bitcoin loans, the reason for taking bitcoin loans, how they differ from traditional bank loans, what are their withdrawal limits, and much more. Bitcoin and cryptocurrency have gained popularity after being launched in 2009. Lenders and borrowers often prefer this method over traditional loans (more on this later in the article!) ![Everything you need to know about bitcoin Loan](https://cdn-images-1.medium.com/max/800/1*uP5P1romNTt39TO84U3q5Q.jpeg)Bitcoin is a type of cryptocurrency or if simply put, digital currency stored in the form of computer codes. They have no relation with traditional bank’s money. However, you can take out loans against your owned bitcoin collateral. In the case of a bitcoin loan, the borrowers offer the bitcoin as collateral and gain cash with an interest rate from the lender. The bitcoin can be leveraged by borrowing cash against them. Investors or lenders are often ready to lend great amounts of cash with a rather low rate of interest. You have to pay interest rates on any type of loan; there are no free bitcoin loans available in the trade. Therefore, the rate of interest set by the lender, based on the loan amount and loan to value, is required to be paid periodically along with the initial loan amount. Instead of diving headfirst into the world of bitcoin investment, you can test the waters by taking a loan for 7 days at a very low rate of interest. This will give you an idea of how things are carried out and what is the worth of your crypto assets in the market. #### About [Unocoin](https://unocoin.sng.link/Awg8j/2gtm/jpcj) [Unocoin](https://unocoin.sng.link/Awg8j/2gtm/jpcj) is the leading crypto exchange in India, also offering financial services. You can set yourself up as a borrower in a few simple steps and start trading. They provide the service with the highest security that ensures the safety of sensitive data. To gain a better understanding of bitcoin loans, let’s see how it works. #### How does a bitcoin loan work? Bitcoin loans are pretty simple to understand and invest in. If you have a sufficient amount of bitcoin, you can easily get a loan by offering them up as collateral or crypto deposits. The process of a bitcoin loan can be carried out in a few simple steps. **1. Set up a borrower account** To start bitcoin trading, you first need to register a borrower account with an established bitcoin trading company. Sign up as a crypto borrower and determine what amount of USD or any other fiat currency you need. **2. Submit the relevant documentation** After determining the required amount, connect to a crypto lender to obtain a loan against your collateral. Submit the required amount with the essential documents like address proof, identity proof, and so on for the KYC/AML process. With bitcoin loans, you do not have to specify the reason for borrowing. **3. Get loan terms from your lender** Once you have submitted the loan application with the required amount and the documentation, the crypto lender reviews your application. If the application is accepted, then the crypto lender will send the loan terms to you within hours. **4. Send the crypto collateral** Once the lender has sent you the loan terms, it is your responsibility to review and accept them. Once you agree upon the loan terms, send the crypto collateral or the bitcoin offered as collateral to the lender’s custodian as a deposit. This brings you to the next step, which is receiving the required amount in the agreed currency **5. Receive the loan** After sending the crypto collaterals, the crypto lender receives them and wires the loan, in the agreed-upon currency, directly to the borrower’s bank account. You are then required to pay the rate of interest periodically. This completes the process of getting a bitcoin loan. A person can also get registered as a crypto lender. If you are interested in lending money against bitcoin collaterals, then there are many websites where you can get registered, set up a lender account, and choose between individual borrowers that you want to lend money to. This involves a careful screening process. You need to analyze the trust score of the borrower before lending them money. The lender can also choose the amount of money that he or she wants to lend. The lender can also lend money according to the interest rates. You can set higher interest rates based on the loan amount and the total value of the collateral. There are many flourishing companies in the market that act as a middle agent between the borrower and the lender. The lender and borrower apply and send applications. Whichever lender and borrower requirements match, they can set up a deal. #### Reasons to take a bitcoin loan Several reasons support the need to take a bitcoin loan. Other than a financial requirement, many aspects make bitcoin loans worthwhile for every user. - **Cash liquidity** Bitcoin loans offer instant cash liquidity. Investors in need of emergency cash for business transactions, or a medical requirement, might find bitcoin loans appealing. It is a great opportunity to leverage your cryptocurrency digital assets and attain some extra cash in return. With a small percentage of interest rate, it makes more sense for the investors who are reluctant to sell their bitcoin. - **Money-saving deal** Taking bitcoin loans can save a lot of money than you think. Especially in the tax season, many bitcoin lenders have the benefit of saving tax liabilities. You can easily avoid exchange fees and tax implications which have a positive impact on your crypto investment strategies. On the other hand, in the case of borrowers, the cost of borrowing is effectively reduced when using online platforms like BlockFi, to take bitcoin loans. It is a much cheaper option than selling your bitcoin assets. Calculate the benefits and rate of interest before taking the loan to reduce a huge amount of exchange cost. - **Quick approval** Bitcoin loans are very different from traditional loan methods. The loan application of the borrower is quickly approved as the credibility of the borrower is not judged based on the credit score of the borrower. Even people with lower creditworthiness that cannot get loans from other financial institutions can apply for bitcoin loans and get approved by the crypto lenders. The bitcoin loans work on trust scores instead of credit scores. If the borrower’s trust score is high, then he or she can expect quick approval from the lender. In some platfroms, keep in mind that you can always increase your trust score by providing all the necessary documentation. Also, the trust score can be increased with the help of social media accounts. The more social media presence you have, the more real person you are. - **Reduced borrower’s risk** Crypto-backed loans reduce the chance of losing credit score, decreasing borrower’s risk. With crypto loans, borrowers get quick and timely repayments, no delay in paperwork, and there is no requirement to prove the ability to pay back the loan. As the banks are not involved in crypto loans, the borrowers can be tension-free from the chance of getting their user accounts closed. If you are not able to pay back the loan on time, it will not affect your credit score or your financial capability. However, it is advisable to take loans that you can repay timely. Otherwise, it can affect your trust score, and the chance of getting a loan in the future might decrease. - Easy extra income The crypto lenders investing in bitcoin loans can access easy extra income whenever required. With a periodic interest charged from borrowers, you get steady income regularly. In favourable market conditions, you can lend your cryptocurrency to borrowers for an extra source of income. Borrowers, too, can pick up quick cash in case of emergencies. The traditional loan methods take up a lot of time and money, while bitcoin-backed loans can help in completing the process quickly. - **No loss of crypto ownership** With crypto loans, you can meet your immediate cash needs without losing ownership of your cryptocurrency digital assets. If you want to hold on to your crypto assets but also need immediate cash, then bitcoin loans are the best way to do that. Bitcoin loan requires you to offer your bitcoin as collateral or deposits to the lender to earn money against them. - **Lower interest rates** Unlike traditional loans, the lending rate of interest in the case of bitcoin loans is highly appealing. In the case of traditional bank loans, the interest rates are set by the bank or the government. However, in the case of bitcoin loans, borrowers can get lower rates of interest for a long-term loan. It gets even better when the lending loan terms are in favour of the borrower. #### How bitcoin loans differ from traditional bank loans? Traditional banks have been serving us for a long time, but they aren’t quite as evolved as digital trade. Bitcoin loans have leveraged the potential of financial trade to a new level. - **Fast and easy processing** Traditional bank loans take forever to come through. All the work is still paper-intensive, which makes this type of loan time-consuming and costly. There is always a potential delay in the paperwork, and often people have to face the consequences due to some error in the paperwork. In comparison, crypto loans are much more speedy and easier to go through. The bitcoin loans are digitized, and there is no paperwork required. Usually the process of taking a bitcoin loan takes a few minutes to a maximum of 2–3 business days. It is the easiest way to borrow funds in the case of an emergency. Crypto loans also offer the facility of switching between assets. This is something that is not allowed in traditional bank loans. - **Collateral liquidity** Bitcoin loan collateral is highly liquidated when it comes to taking crypto loans. Lenders can easily melt their crypto collaterals in case there is a sudden dip in the crypto asset prices. This helps in reducing losses. Crypto lending platforms require the borrowers to at least collateralize 100% of the value they own. They need a high loan-to-collateral ratio. However, the bank collaterals are not that liquid, and it takes time to take loans and borrow money against them. - **Flexible loan terms** Crypto loans or bitcoin loans are far more flexible than traditional bank loans. Traditional banks have their own set of loan terms, interest rates, loan amount, and loan period, which makes the process harder for the borrower, as they have no choice left. The loan terms of traditional banks are rigid in every way. Even if you have the option of choosing among several banks, the loan terms are more or less the same in every financial institution. However, in the case of bitcoin loans, the process is very flexible. The loan terms are always in favour of the borrower. The borrower has full control over the loan period, loan amount, choice of currency or stablecoins, and the loan-to-value ratio. Although the loan amount depends upon the total value of the bitcoin loan collateral, crypto lending is way more flexible. - **Accessibility** Crypto loans are easier to access than traditional bank loans. Traditional bank loans are given based on your credit score. If your credit score isn’t up to the mark, then you will most probably be denied taking loans. To take a loan from financial institutions, you are required to prove that you are worthy of taking loans and paying them back. In comparison, there is no such requirement in the case of crypto lending. The creditworthiness of the borrower is measured in different aspects. Bitcoin loans are based on trust scores. If your trust score is high, then you are more likely to receive the loan. You don’t require a bank account for transacting bitcoin. All you need is a lender or borrower account with a reputable company, and you are good to go. - **The difference in loan currency** The borrowers that take out loans from financial institutions get the loan amount in their local currency. There is no option of choosing fiat currency. Whereas in bitcoin loans, there is a currency choice. The borrower is given the loan amount in crypto. Some websites offer the option of choosing the fiat currency in which they want to get paid, like USD, CHF, GBP, EUR, and so on. - **Loan repayment** Traditional banks ensure that the borrower is capable of paying back the loan. Therefore, the lenders are secure in the case of bank loans. While in the case of bitcoin loans, there is no loan repayment security. The creditworthiness of the borrower is measured based on their trust score and not credit score, which puts the lender in a position of risk. - **Loan size** Traditional bank loans are preferred when the borrower requires a sustainable sum of money for purposes like buying a house, getting a car, and so on. The size of the loan amount granted is much larger as compared to bitcoin loans. Whereas in the crypto loan trade, the loan amount size is comparatively smaller. You can get funds for purposes like investing in a business, paying off debts, or a medical emergency. Bitcoin loans are still in the initial financial stage. #### Why take a bitcoin-backed loan with platforms like BlockFi? BlockFi is the leading crypto trading company with outstanding services so far. For crypto-backed loans, it is the best website with amazing interest rates and an easy account setup. A list of reasons to take a bitcoin-backed loan with BlockFi are: - Borrowing rates up to 4.5% APR: With a BlockFi bitcoin loan, you can get as lower interest rates as 4.5% APR without any initial expenditure. All you need to do is set up an account. - Fast fund transfer: BlockFi guarantees same-day fund transfer. You get quick funds for your crypto. - No payment penalties: With BlockFi bitcoin loans, you can borrow without any penalties. Pay as early or as late as you want without worrying about prepayment penalties. - Investment options: BlockFi provides investment options. You can invest in various other assets with your crypto funds. - Worthwhile loan options: BlockFi offers up to 50% of the value of your crypto asset. - Full transparency: BlockFi ensures full transparency. You are in complete control of your account and data. - Data security: BlockFi also ensures complete data security so that your sensitive information is not compromised. #### How does BlockFi work? BlockFi features a simple step-by-step process to register and apply for bitcoin loans. **Step 1: Applying for a loan** Firstly you are required to register yourself on the BlockFi loan account. It takes less than 2 minutes, and no membership or token is required before applying. - Choose what type of crypto asset you want to put as collateral and what amount of money do you require for a loan. - Provide your email address and verify your account. - Fill in your personal information such as Name, DOB, address, source of crypto being used as collateral, bank’s information, and reason for taking the loan. BlockFi in no way affects your credit score. **Step 2: Ap plication review** After you’ve registered and applied for a loan application, the BlockFi team reviews your application in one business day. When your application is approved, the team will send you a calculated loan offer with all the essential information, displaying how your loan offer was calculated. **Step 3: Reviewing loan offer** Once the BlockFi team sends you the loan offer, the next step is your job. You need to review the information provided in the loan offer. The loan offer contains the following information: - The interest rate will depend upon your requested loan amount and your location. - The origination fee, which is usually up to 1–2% - The offer APR, which is the total yearly amount - The amount of crypto collateral that needs to be put on stake to receive the loan, which is based on your loan to value(LTV). **Step 4: Accepting the loan offer** Once the loan terms are reviewed, the next step is to accept the loan offer and send your collateral to BlockFi’s custodian, for which you will receive the loan amount. You can then use this loan amount however you like, maybe invest in other assets, use it for business operations, paying off debt, and so on. #### What are the withdrawal limits of BlockFi? BlockFi has no restrictions on withdrawal time. You can withdraw any time you want. Currently, BlockFi is offering one free crypto withdrawal and one free stable coin withdrawal per month. Keep in mind that they do not offer free bitcoin loans. After a few simple steps, your withdrawal will be processed within 24 hours. #### How to take bitcoin loans from Unchained Capital? Unchained Capital is the leading bitcoin native financial services provider in the United States. They aim to ensure that everyone can secure and maximize the value of their bitcoin assets. Unchained Capital ensures full transparency, easy-to-use standard protocols, and timely delivery to boost client satisfaction. They have a bitcoin loan process that is easy to apply to and provides funds within 1–2 business days. Different types of services that Unchained Capital offers: - Personal: Unchained Capital provides short-term low-interest-rate loans for personal use. - Commercial: Unchained Capital allows business bitcoin loans for operational purposes. - International loans: They even provide loans to international clients; although they are currently confined to states outside of the US, they are surely expanding their services. - IOWA loans: Loans for non-commercial companies and individuals in IOWA are also available on unchained capital. The step-by-step process of taking a bitcoin loan from unchained capital: Step 1: Set up a borrower’s account with the Unchained Capital website. Step 2: Choose the onboarding package with the services that you want to adhere to. Step 3: Fill in all the personal and financial information like name, address, loan amount, bitcoin collateral, and so on. Step 4: Receive the loan agreement sent by Unchained Capital after reviewing your application. Step 5: Once you agree upon the loan terms, they send you the address where the bitcoin loan collateral is to be deposited. Step 6: You send your bitcoin to the address provided to receive the loan. Step 7: After receiving your bitcoin on the collateral deposit address, their team will send you the USD currency directly in your specified bank account. The interest payments are supposed to be due every month until the loan matures. Bitcoin loans have been providing loads of funds to the people who need it and have bitcoin assets for some time now. Still, there are many fraudulent activities that you need to look out for. Such as a company that promises you to grant bitcoin loans without deposit or any verification, then be sure that is a scam. No legitimate company offers bitcoin loans without a deposit; knowing this can save you from trusting the wrong lender. However, some companies allow you to take bitcoin loans by keeping your crypto coins as collateral. That said, you need proper verification to go ahead with the procedure of applying for a bitcoin loan. Bitcoin loans are safe if you keep an eye out for frauds and scams. #### FAQ’s **1. Is BlockFi insured?** BlockFi is not insured by FDIC or SIPC. However, they take all the possible measures to protect your funds. Your money is as safe with BlockFi as with a traditional bank. The funds are stored in cold storage that is unhackable and completely safe. Their custodian is regulated by the New York State Department of Financial Services (NYSDFS) and a licensed depository trust. They make no such promise as a bitcoin loan, no deposit. **2. What is BlockFi’s withdrawal limit?** BlockFi does not apply any restrictions on fund withdrawals. The borrower can easily withdraw funds at any given time. BlockFi also offers one free crypto withdrawal and one free stablecoin withdrawal once per month. Beyond that, however, you are required to pay the fees for withdrawing funds. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How blockchain-based cryptocurrencies will boost Indian MSMEs](https://blog.unocoin.com/how-blockchain-based-cryptocurrencies-will-boost-indian-msmes/) **Published:** July 14, 2021 **Author:** Unocoin Growth **Content:** ### How do we achieve a 5 trillion economy? ![How blockchain-based cryptocurrencies will boost Indian MSMEs](https://cdn-images-1.medium.com/max/800/1*KOdXcEoJpbHXOgZQ0GIdKQ.jpeg)How blockchain-based cryptocurrencies will boost Indian MSMEs### Unocoin, which is India’s first bitcoin exchange company, is doing a part of it. India is home to over 6.3 crore MSMEs — Micro, Small and Medium Enterprises that contribute to nearly 30% of the nation’s GDP and employ over 110 million Indians. India is presently the 3rd largest unicorn generator in the world, behind only the USA and China. If the goal is of achieving a 5 trillion economy by 2025, the roadmap for the same must be in place. But what is it? The answer is leveraging and boosting Indian MSMEs. Until the COVID-19 pandemic burst out, we were somehow on the right track with our GDP growing above 5. But everything came to a standstill when the first case of COVID-19 infection was reported in Kerala, India on January 27, 2020. On the evening of 24 March 2020, the Government of India under Prime Minister Narendra Modi ordered a nationwide lockdown for 21 days, limiting movement of the entire 1.38 billion (138 crores) people, as a preventive measure against the COVID-19 pandemic. The consequences were a nightmare. Hospitals ran out of resources, businesses were shut, schools were locked, workers were on their way home for a long-term leave and our GDP saw a decline of 23.9% in Q1, 2020 — the highest in the major economy. Nevertheless, this young economy showed resilience, and 2021 saw a quick recovery. Businesses are now back on track this time with a better approach. Youth is taking up entrepreneurship, investing more and the number of Demat accounts in the India Stock market and crypto wallet is increasing hugely. Unocoin: India’s first bitcoin and crypto exchange platform serve more than 1.5 million active crypto wallets today. Other crypto exchanges in the country saw similar growth in the same period. Now, the million-dollar question is, how do we leverage this growth and channelize it to India’s MSMEs which greatly need capital? Nandan Nilekani, the co-founder of Infosys and the pioneer of Aadhar development pointed out that to achieve a 5 Trillion economy, we need to close the $250B financial gap for India’s small businesses by attracting global, risk-tolerant pools of capital. ![](https://cdn-images-1.medium.com/max/800/0*vMxCzY3GtftsBwsx)### With a huge youth talent, connectivity, and access to global information, India just needs to add another piece to the puzzle. The COVID-19 pandemic has affected every sphere of our life. It halted the economy, our education, and even our social system. But if there is anything the pandemic has taught us, it is this — the world is moving online. Since the start of lockdown, the entire economy shifted from on-field oriented to home-oriented. During this unprecedented time, we have seen changes overnight that usually took decades in normal time. Massive Open Online Courses (MOOCs) have been around since a decade ago but until the pandemic, online education was less relevant and hard to implement. But today more than 90 per cent of education is moving online. As of 2021, there are 624 million internet users in India with an increase of 47 million just in 2020–21. Over 80 per cent of Indians already have access to financial banks — thanks to the Aadhar project that makes e-KYC completely seamless. Aadhar was and has always been necessary to open a bank account. The young populace has open-source global information at their fingertips. Today, we have lakhs and lakhs of our youths graduating every year. Many of them remain unemployed, yet many of them look for new opportunities to venture into every day. With our young growing economy, we have enormous youth talent in our pool. We need to make sure we provide them with the required financial resources. India’s service sector has grown massively too. TCS is now the largest IT service provider in the world. The government has also invested massively in infrastructure, healthcare, and agriculture in recent years. With enough youth talent, massive internet connectivity, and access to open-source global information on one end and progressive infrastructure, healthcare, and agriculture on the other end, what more do our MSMEs need in their puzzle? ### Cryptoconomy from the International Crypto capital pool is the required piece to the puzzle Today, the entire crypto market cap is over 1.4 trillion. More than 60 cryptocurrencies have more than a billion market cap, with bitcoin and ether having the highest market share. Interestingly, Indian origin Polkadot’s native asset DOT has been ranking in the top 10 cryptos. So, how do we benefit from the crypto economy and solve the capital problem for our MSMEs? Balaji S. Srinivasan, former Coinbase CTO has written a detailed account of how we can add crypto to our existing IndiaStack. IndiaStack is a set of national APIs for payment, identity, KYC, e-signature, and document verification that scales to billions of people in the country. According to the RBI’s report, the UPI transactions crossed two billion in October 2020. With UPI payment — a feature that connects billions of Indians domestically and adding crypto to IndiaStack for payment, can connect billions, if not trillions of new foreign capital to India’s economy, as it will open the gateway for merchants, creators, businesses to the international crypto capital pool. ![](https://cdn-images-1.medium.com/max/800/0*CWOstGH0Go3_Rr3g)### Conclusion If we look at the major innovation shift in the history of human civilization, the bitcoin blockchain is one of the major innovations that include the whole population because of its network effect. It does not only include the elite, rich or powerful nations but also everyone and from everywhere. We are in one of the greatest periods of wealth distribution in a free open market economy, and distributed technology only empowers this. It is time India takes the chance and brings a better future to its 1.3 billion citizens. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Stable Coins](https://blog.unocoin.com/stable-coins/) **Published:** July 16, 2021 **Author:** Unocoin Growth **Content:** While bitcoin has been the most sought-after cryptocurrency, it usually experiences great volatility in its costs. This sort of volatility in the short term makes bitcoin and other famous cryptocurrencies less suited for daily usage by people for the time being. This was the main reason why Stablecoin got instituted, as this cryptocurrency provides substantial price stability, and this is what makes it suitable for daily usage. In this article, you will learn everything about Stablecoin, ranging right from Stablecoin types to how it works to what are its advantages and disadvantages. ![Stable Coins](https://cdn-images-1.medium.com/max/800/1*BkRpEzE0rrZqNWYK1WA7gg.jpeg)A Stablecoin is a novel form of cryptocurrency that strives to extend price security and stability. A reserve asset upholds this cryptocurrency. Stablecoin has augmented tractions as it endeavours to provide double benefits to the users in terms of on-the-spot processing and safety. Some of its extended features include confidentiality of fees payments of cryptocurrencies and volatility-free solid and stable estimates of fiat coins or currency. This implies that Stablecoin sustains a constant or stable value against a spot price, making it an engaging proposal for investors and presenting the merchants with the well-required stability that is needed to engage in the crypto space. **About Unocoin** Unocoin is a prominent and the country’s first cryptocurrency trading online platform that enables traders to purchase, sell and trade cryptocurrencies like bitcoin, ethereum, Stablecoin and many more. This platform is a one-of-its-kind crypto assets and blockchain technology company that has become the most sought-after name in the field of crypto trading. **What are the different types of Stablecoin?** Cryptocurrency is spectacularly volatile, diminishing mainstream involvement and confining its application (frequently) as a suitable mode of trade for goods and services. And due to this problem of cryptocurrencies being extremely volatile, Stablecoin comes into the picture. Stablecoin is a flat or moderately volatile variant of a cryptocurrency, making it the most stable cryptocurrency. The main reason for the prices of this cryptocurrency being so stable is because the value of Stablecoin is fastened to other stable assets like gold or US dollars. There are generally four types of Stablecoin prevalent in the market that are stated below. 1. **Fiat Backed Stablecoin** The most popular kind of Stablecoin is either collateralised or backed or upheld by fiat currency like EUR, USD, or GBP. Fiat upheld Stablecoin are maintained at a 1:1 proportion. This implies that 1 unit of Stablecoin is equal to 1 unit of a fiat currency. Hence for every Stablecoin that is present, there is reasonably a stable fiat currency that is being retained in a bank account to uphold it. These Fiat-backed Stablecoin are the most uncomplicated composition a Stablecoin can hold. And, integrity owns great benefits. This simplicity makes it effortless to learn for anyone who might be a brand-new user of cryptocurrencies. It can further enable them for more extensive adoption of this innovative technology. **2. Commodity Backed Stablecoin** Commodity upheld Stablecoin are sustained with strong assets like real estate or gold. The most generally utilised asset to collateralise or upheld Stablecoin is gold, and this Stablecoin Gold can be one of the perfect Stablecoin examples for its less volatility. These commodities even hold the potential to increase in value over the given time, which provides an enhanced consideration for individuals to count on and utilise these coins. **3. Crypto-Backed Stablecoin** Other cryptocurrencies usually uphold these crypto-backed Stablecoin, which allows these Stablecoin types to be more decentralised compared to the fiat-backed Stablecoin. To subdue price volatility ventures, these Stablecoin are usually more collateralised so that they can grasp price variations in the collateral. **4. Non-collateralized Stablecoin** These non-collateralized Stablecoin are not upheld by anything, which may appear inconsistent with what Stablecoin is. These kinds of Stablecoin employ an algorithmically administered way to regulate the Stablecoin supply. As demand rises, brand-new Stablecoin is built to diminish the value back to the standard level. If the Stablecoin is exchanging too low, then coins on the exchange are brought up to decrease the current supply. However, the values of these Stablecoin would continue to be stable as they are managed by market demand and supply. Hence, one can say that this is a highly decentralised and self-governing type of Stablecoin, as it is not upheld by or collateralised to any different asset. #### How do Stablecoin works? Stablecoin is a cryptocurrency with a set price. This implies that the price of this cryptocurrency does not vary constantly, as in the case with conventional crypto assets. Although this set value range is oftentimes attached to the US dollar or Stablecoin Gold, some currencies are set to varying price indices. Certain Stablecoin which are presently getting set to join the market, strive to be secured to the consumer price index or comparable indices of some nations. Considering Stablecoin can be set or upheld to nearly anything, certain Stablecoin are set to various fiat currencies and even to high-priced or valuable commodities like gold or silver. In addition to this, certain fundamental Stablecoin like Tether needs a governor to control the currency and then hold a specific amount for the collateral. This tether then contains the US dollar in the form of a bank account and the value contained should be equivalent to what they announce to preserve the status of the system and to further prevent price fluctuations. **Advantages and Disadvantages of using Stablecoin** While Stablecoin is the least volatile crypto assets, it comes with its set advantages and disadvantages that are mentioned below. **Advantages** 1. These Stablecoin hold the advantage of a Cryptoconomy. This crypto-economy implies that the exchange of these Stablecoin charges low fees. 2. Stablecoin is extremely secured when it comes to transactions, and further, all the transactions remain completely confidential. 3. Stablecoin is usually backed by distinct sorts of assets, making them less volatile and more stable than all other cryptocurrencies. 4. These Stablecoin are highly regulated as they are upheld by the high-security fiat-currencies like USD, EUR and many more. **Disadvantages** 1. Due to its fixed and stable pricing, these Stablecoin usually provide less return on investments. This is why investors and traders usually switch to other means that presents them with a higher return on investment. 2. To ensure that assets upheld to these Stablecoin are well-accounted, these stable coins usually require an external audit, a time-consuming process. 3. One of the principal notions behind cryptocurrencies is to manage the difficulties that conventional financial markets hold. However, Stablecoin are customarily fastened to fiat currencies, and this is what makes these Stablecoin highly dependent on the conventional financial markets and further making them subject to inflation. **Frequently Asked Questions (FAQs)** 1. Is bitcoin a Stablecoin? A Stablecoin is a form of cryptocurrency, usually upheld to an external asset, making it less volatile and highly stable. However, when we closely look at the nature of bitcoin, it becomes evident that bitcoin’ prices constantly keep on varying, and bitcoin is highly volatile. Hence, it would not be right to state that a bitcoin is a Stable coin. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Mining Software](https://blog.unocoin.com/bitcoin-mining-software/) **Published:** July 20, 2021 **Author:** Unocoin Growth **Content:** In recent years bitcoin has been catching the attention of numerous people. Bitcoin has been a major success, and it currently stands at the top of the cryptocurrency hierarchy, which is why people are so drawn to it. Some view it with curiosity, while others view it with caution. In this article, we will be discussing an important component of the cryptocurrency world which is bitcoin mining and bitcoin mining software. ![](https://cdn-images-1.medium.com/max/800/1*OQK9dGKoUVWE2e3F6tqoIQ.jpeg)Bitcoin mining is a process through which new bitcoins are added to circulation. You can make money by bitcoin mining without investing. For this, you will require bitcoin mining software. Softwares are used to mine cryptocurrency using computing power, and you receive a reward in the form of digital currency. Most tools of the bitcoin mining software do not require technical skills as they are automated. Therefore, even if you are short on technical knowledge, you can still give it a go! **What is Unocoin?** [Unocoin](https://unocoin.sng.link/Awg8j/6lhj/m4vl) is an Indian blockchain and crypto assets trading company that plays in the global field of crypto assets. Established in 2013, Unocoin is India’s very first company that deals with cryptocurrency. Unocoin offers all-inclusive buying, selling, and storing platform services with an interactive and simple website interface and equally good mobile application. Now let us dive into the details of bitcoin mining software. **How does bitcoin mining software work?** Although bitcoin can be bought with real cash, most of the bitcoin is mined using an intricate combination of bitcoin mining hardware and bitcoin mining software. Both of these are essential to join the mining network. The mining software runs on computers and is usually compatible with numerous bitcoin mining hardware and mining algorithms. The bitcoin mining software performs highly sophisticated and complex calculations that contribute to the mining process of bitcoin. The purpose of bitcoin mining software is to collect bitcoin as a payout. The software is a bit complex, and you need to have the time and interest to understand its functioning. In simpler terms, it guides you through the mining process, helps you set up wallets to store your reward, and assists you in selecting a pool for you to mine bitcoin. It is surprising to find out that the software is not as costly as the mining hardware. You can easily find multiple bitcoin mining software for free, and you can also check online for the availability of such bitcoin mining software in India. **How much does bitcoin mining software cost? Is it free?** The costs of bitcoin mining software can have a wide range. Typically, you can find bitcoin mining software for free. Still, some software can cost a few dollars or euros per month. Application Specific Integrated Circuit (ASIC) to the Bitcoin Mining Software, charging 1% or 2% of your hashing power, which is created using a mining algorithm. Also, you need to keep in mind that to start bitcoin mining, you will need to have components other than the software. You will be needing a bitcoin wallet and bitcoin mining hardware. **Choosing a Bitcoin mining software — How to choose the best?** While choosing bitcoin mining software in India or any other place, you will need to consider several factors. First, you will have to study and research multiple mining software. Then you will need to review your picked options. You will also have to decide your needs. These are the few things you can consider before selecting your mining software: 1. Do you want the free bitcoin mining software or do you want the paid versions? 2. Are you looking for basic software for beginners or more complex and advanced mining software? 3. Does it support multiple kinds of cryptocurrencies? 4. Graphical user interface(GUI), command line, and user interface. 5. Does it support multiple devices such as smartphones, computers, and tablets? These will help you in determining which is the best bitcoin mining software for you based on your needs, its availability, and the tools and features it offers. **What is the different bitcoin mining software?** The bitcoin mining process requires dedicated bitcoin mining hardware and mining software applications to manage this activity. If you have decided to step into the arena of cryptocurrency mining, then we have a list of our top 6 different bitcoin mining software to choose from and start your bitcoin mining! 1. **CG Miner** CG miner has been in the game for a long time and is still going pretty well. It has an abundance of features and very active community support. This bitcoin miner is a cross-platform performer. It means that it works efficiently with numerous platforms, including Linux, Mac OS X, and Windows. This application has a remote interface and full monitoring capabilities. It also supports a variety of ASIC bitcoin mining hardware. Overall, it can be easily considered one of the best bitcoin mining software in India and the rest of the world. **2. Awesome Miner** Awesome Miner is compatible with all the popular mining algorithms which makes it a great choice to manage multiple mining rigs and pools. It also supports more than 48 different mining software. Although Awesome Miner software works on Linux and Windows, it offers an excellent web front-end that you can access from smartphones, computers, or tablets too. **3. BFG Miner** If you have a thing for changing formats according to your wants and are looking for customisable bitcoin mining software, then your search ends here! BFG miner is an extensively customisable mining software. This software is written in C and has powerful clocking, monitoring, and dynamic remote interface capabilities and features. This program can even monitor device temperature with the help of mining hardware support. BFG miner software has several device drivers for bitcoin, including Twinfury USB stick miner, Drillbit Thumb, and Eight, and Ztex’s FPGA board. BFG miner provides device drivers for SCRIPTS as well. **4. Easy Miner** Handling multiple bitcoin mining software can be a big task as different software has different command in-line mining tools and features. This is where Easy miner comes to the scene to make things simpler for you. It is an open-source and graphical mining software. It lets you buy bitcoin, Litecoins, and several other cryptocurrencies as well. Easy Miner software supports ASIC, Minerd, Cudaminer, CCminer, and CGminer for mining bitcoin. It comes with interesting modes such as ‘money maker mode’ and ‘solo mode’ which are pretty convenient for mining cryptocurrencies. One disadvantage of Easy miner software is that it works only on Windows. **5. Multi Miner** Multi Miner is one of the more user-friendly software. It has a simple interface and can be considered ideal for people who want to start their bitcoin mining journey. It was originally made for Windows, but now it can also be used for Linux and Mac OS, but it might require you to download additional applications to efficiently function. After the installation process is complete, the Multi Miner software generates a list of all the necessary information you will need to detect the bitcoin mining hardware. It also has interesting features, such as selecting different mining techniques and remote rig and pool access. **6. BTC Miner** BTC miner is great for miners who prefer bitcoin mining software that helps them to find frequencies with the highest hash rates. This cryptocurrency mining software is cloud-based and requires a lot less hard work from your side in the mining proce ss. Multiple FPGA boards can be managed using the BTC miner software. So, you can download this bitcoin mining software for free and relax while this amazing software does most of the labour. **Frequently Asked Questions (FAQs)** 1. What is the best software for bitcoin mining? CG miner is suggested as the best overall bitcoin mining software available. Apart from the list of mining software that we have mentioned above, here are some of the other best software for bitcoin mining CG miner is suggested as the best overall bitcoin mining software available. Apart from the list of mining software that we have mentioned above, here are some of the other best software for bitcoin mining Kryptex — Works on Windows BeMine — Works on Linux, Windows, and Mac ECOS — Works on Linux, Windows, and Mac Cudo Miner — Works on Linux Windows, Mac, and Ubuntu Hashing 24 — Works on Mac OS, Linux, and Windows 2\. Can you mine bitcoin for free? To be a bitcoin miner, you need to access all the basic essential things such as a bitcoin wallet, an encrypted online bank account, bitcoin mining hardware, and free bitcoin mining software. To mine bitcoin for free, you will need to set up your cryptocurrency mining software and link your mining account to your choice of bitcoin wallet. You are all set now. Get mining! 3\. How many bitcoin miners exist? As of now, up to 1 million bitcoin miners have been recorded. There are a total of 21 million bitcoin that would be released slowly over the next 120 years. Currently, for each new block mined, you get rewarded with 6.25 bitcoin which is now equal to over 200000 dollars. The miners are also allowed to keep their transaction fees in bitcoin which varies up to 25,000 dollars to themselves. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Crypto Lending?](https://blog.unocoin.com/what-is-crypto-lending/) **Published:** July 26, 2021 **Author:** Unocoin Growth **Content:** Crypto financing is a form of Decentralized Finance in which investors lend borrowers cryptocurrencies in return for interest payments. It is one of the latest new developments in finance and blockchain. It’s close to peer-to-peer lending except that it entails three parties- an investor, a borrower, and a forum. ![What is Crypto Lending?](https://cdn-images-1.medium.com/max/800/1*D4cwew_Rcu-jvlOQvkcdig.jpeg)Crypto enthusiasts are quite often expected to keep their money hidden in a vault until the value of their preferred currency rises. But, just as you wouldn’t feel comfortable leaving your cash in a bank with low-interest rates, a popular concern is — How do you expand your digital currency? One of the most difficult aspects of investing is managing cash flow. There’s nothing worse than trying to deplete the money due to a lack of liquidity that you’ve invested in reserves to cover short-term expenses. Crypto lending sites could be able to help in this situation. ‍ In a nutshell, crypto financing is a form of alternative investing in which investors lend fiat money or cryptocurrencies to other borrowers in return for interest. As a result, there will be two primary parties in this loan. In payment for the loan, the lender may gain interest from the borrower — the creditor, who will protect the investor’s investment by depositing crypto-assets as collateral. **CASE STUDY –** Let’s look at a scenario to help you understand it better. Tom, a painter, has 2 BTC. He doesn’t want to sell it all because he believes rates will rise significantly in the future. Steve is also concerned that he will end up with less bitcoin if he sells his cryptocurrency. Steve will be able to use his bitcoin as leverage and gain a loan in stablecoins as a result. Because of the volatility of crypto properties, he’ll almost always have to “overcollateralize,” which means he’ll have to hold more BTC than the total worth of the funds he’ll be getting. His crypto will be returned in full after he has repaid the loan, plus interest. Also, he will have made a tidy profit if BTC appreciates as he expected. Only if he fails to meet the loan’s terms or when the value of the bitcoin kept as leverage drop far below the loan’s value would his crypto be in danger. [**Unocoin**](https://unocoin.sng.link/Awg8j/r2mt/0koh) is one of the largest bitcoin exchanges in India. Their unwavering goal is to establish themselves as a leading global player in the digital currency and crypto assets space and contribute to the Indian and global economies. Unocoin also offers a loan against bitcoin. **How does Crypto Lending work?** In cryptocurrency lending, investors and borrowers are linked by a third party. In this situation, an online crypto-lending network serves as a trustworthy intermediary. So, for this form of lending to take place, three parties must be present – 1. Investors who are willing to lend money. This may be someone who keeps cryptocurrencies in anticipation of a price increase (HODL-ers) or just a crypto enthusiast trying to increase the production of his properties. 2. The crypto lending portal handles lending and investing transactions. Decentralised systems, autonomous platforms, and centralised platforms with a group of individuals or organisations working behind the scenes are all available. 3. Borrowers who are looking for money for a variety of reasons. This could be an individual or a company looking for funding, and they should use crypto or fiat assets as collateral. Lenders can collect their bitcoin after the loan has been repaid. Unlike other forms of peer-to-peer lending, all loans on the site are secured through real-world properties such as real estate or intangible assets such as cryptocurrencies. While the specifics of crypto lending vary from platform to platform, the basic idea remains the same. A lender will begin by agreeing to lend money from their holdings at a certain rate. A creditor will determine whether or not the loan’s terms appeal to them, and if so, they will have collateral, which will be escrowed on the website. Cloud Contract is also used in cryptocurrency lending, making the entire borrowing and lending process trustless because the contract imposes the terms. Cloud Contract- When a borrower finds the loan’s terms appealing, they will provide equity, which will be escrowed on the website. Since the terms of the deal are imposed, cloud providers are also used in cryptocurrency lending, allowing the entire borrowing and lending phase trustless. **What are Crypto Lending Platforms?** Cryptocurrency loans work in a similar way to traditional bank loans. The bank uses money from the fixed deposits and savings account and loans it to creditors. To make a return, the bank pays you interest in your bank account and then charges creditors a higher interest rate. When it comes to crypto lending, these incredible interest rates are safe and risk-free — thanks to two blockchain-related innovations. First, smart contracts ensure that crypto debts are repaid, even though the borrower’s credit isn’t verified. Smart contracts are blockchain-based codes that can carry out specific tasks, such as keeping debt collateral in an escrow account. Second, stablecoins allow you to earn rates of interest while avoiding Bitcoin’s high volatility. Stablecoins, such as DAI, Tether, and USDC, are cryptocurrencies worth the same amount of money via USD reserves, arbitrage, and dynamic code backed by cryptocurrencies, these cryptocurrencies can retain a secure valuation. Today’s cryptocurrency lending networks are divided into two categories: ### Centralised Platforms Centralised blockchain lending networks are the closest to banks in terms of operations. BlockFi, for example, allows you to gain interest in your cryptocurrency by saving it on their website. After that, BlockFi loans the capital to reputable retail and corporate investors. The interest rate you collect is a floating rate, which means it fluctuates according to supply and demand. However, the APY for stablecoins on cryptocurrency lending platforms has stayed reasonably stable over the last year, hovering about 6% to 12%. The interest rate you receive is influenced by the cryptocurrency you use to finance your account. For example, bitcoin offers a 6% annual interest rate, but if you finance your accounts with a stablecoin, you will gain 9.3 per cent annually. ### Decentralized (DeFi) Platforms DeFi is a relatively young sector that is gaining traction among cryptocurrency investors. DeFi uses smart contracts to replace centralised third parties in payments. DeFi, instead of letting banks handle loans, uses escrow systems and code to manage funds on its own. Smart contracts are blockchain-based contracts. Since this code is added to a blockchain (typically Ethereum since Bitcoin does not accept smart contracts), it will keep cryptocurrencies in escrow before certain tasks are completed. Smart contracts, for example, will help you get a loan without a credit check. If you want to pull out a cryptocurrency mortgage, all you have to do is apply leverage to the smart contract and select which cryptocurrency you want to borrow. But, if you have to put up collateral to get a loan, what’s the way? Leverage is the solution for the majority of supermarket customers. When you put up cryptocurrency as insurance and get a loan in cryptocurrency, you’re effectively doubling the leverage. You would benefit from the value of the crypto you lent and the crypto you put up as leverage if you repay the loan. How can you invest in Crypto Lending? 1. Research thoroughly This cannot be stressed enough — doing your homework can be very beneficial in c ertain aspects of crypto. This is true in lending as well. You don’t want to put your confidence in a website that isn’t well-secured, or worse, a fraud. It’s better to use lending sites or smart contracts that have undergone thorough security audits and have a proven track record. 2\. Recognise the Parameters It is critical to comprehend the loan terms fully. You’ll want to know ahead of time when you’ll get your crypto back, as well as how much benefit you’ll get. More notably, you must have a strong contingency plan in place in case the creditor is unable to repay you. You’ll want to double-check that the network or smart contract you’re using will always refund the crypto, either by protection or collateral that the creditor has to put up. 3\. Don’t rush into anything Don’t lend out a cryptocurrency that you plan to sell soon. It goes without saying, but you can’t sell anything you’ve lent out to anyone else. Furthermore, keep in mind that even with the best safety auditing in the crypto environment, hacks will occur. Just in case the worst happens to the network you’re using, bear in mind that crypto can be volatile at times. #### Pros and Cons of Crypto Lending **Pros** Crypto finance provides several benefits for both borrowers and investors as compared to other forms of lending. 1. Since you don’t need to open an account, check your credit score, or need to be a salaried person, crypto lending is more available to all. 2. It’s lightning-quick, with most platforms approving loans in under 24 hours. Borrowers would only be required to supply their ID. 3. Ability to tailor lending terms to meet the needs of lenders. Both the lender and the borrower will tailor their loan terms to their own needs. 4. Since highly liquid crypto funds back the loans, crypto lending is better than peer-to-peer lending. **Cons** There are a few disadvantages of using crypto lending as a form of finance. 1. Cryptocurrency assets can be very unpredictable. 2. Banks don’t support cryptocurrency directly. 3. You must have a cryptocurrency asset worth more than the loan amount. 4. Crypto lending platform security is becoming more of an issue, particularly as the number of cases of crypto theft rises. **Should you practice crypto lending?** There are several advantages of converting your crypto to fiat and lending it out, as well as obtaining a cash loan based on your crypto. Although lending platforms may provide loans to people with bad credit, they must pledge their cryptocurrency as collateral. Furthermore, although credit background may not be important, most businesses conduct AML and KYC reviews on their clients. This at least provides some confidence that you will not be meeting with criminals looking to make off with the money. The basic fact for the creditor is that they keep the entire amount of their crypto collateral, which can range from 9 to 22 per cent, depending on the network. And in the worst-case situation, if the creditor vanishes or fails, the lender has digital currency as recourse and the expectation that it will increase in value in the future. **FAQs –** 1. **What is Flash Loan Crypto?** Flash Loans are DeFi’s first and only uncollateralised loan opportunity! Flash Loans are designed for developers and allow you to borrow money quickly and conveniently with no leverage, as long as the money is returned to the system in one transaction block. If this does not occur, the entire transaction is undone, potentially undoing all actions taken up to that moment. This ensures that the funds in the reserve pool are secure. Arbitrage, collateral swapping, self-liquidation, and other applications are only a few examples. Here are some more concepts: 1. Futures trading — Traders can profit from searching for price differences across a variety of different exchanges. 2. Collateral switches — Changing the collateral backing a user’s debt to a certain form of collateral quickly. 3. Lower transaction costs — In a way, flash loans combine several transactions into a single transaction. There is a charge for each purchase, so flash loans probe fewer transaction fees. **2. What is Blockchain Lending?** Blockchain lending combines conventional lending with the peer-to-peer paradigm of blockchain to establish a time-saving, seamless framework. Traditional banking is made redundant by blockchain credit, which eliminates the need for third-party intermediaries. This decentralised, electronic method eliminates operating costs while still expediting the loan process. Blockchain eliminates the need for intermediaries, providing lenders with attractive loan deals and stable transfers. Smart contracts built on the blockchain guarantee that all lenders and borrowers agree on equal and practicable conditions for items like proof-of-funds and payment planning. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** [https://www.facebook.com/unocoin/](https://www.facebook.com/unocoin /) - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Buy Gift-Vouchers from over 90 Brands using Bitcoin](https://blog.unocoin.com/buy-gift-vouchers-from-over-90-brands-using-bitcoin/) **Published:** July 27, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*QGHxN3EmqcdoVMU1IMkj8w.jpeg)​​If you are someone who was waiting for your acquired bitcoin to be used for shopping, here is a piece of good news for you. 11 years ago in May 2010, Laszlo Hanyecz, used bitcoin acquired by him to buy a pair of Papa John’s Pizza. The number of bitcoin he paid was 10,000 BTC! 1 BTC today is 25,58,370/- Indian Rupee! ![](https://cdn-images-1.medium.com/max/800/1*WVOjAq3MAfpOBlnuXevH8w.jpeg)Well, yes. So you started investing in bitcoin and have always wondered if your bitcoin can be put to work. Or you wanted to sell off your bitcoin but did not know when should be the best time to liquidate your bitcoin. Bitcoin was invented to enable free and fast transactions on the internet but you were looking for a way to transact your bitcoin against some good or service, and no one was ready to accept your bitcoin. Worry no more. You can now avail vouchers and shop on 95 plus brands against the bitcoin you hold. [Unocoin](https://unocoin.sng.link/Awg8j/a0q1/wdnp) is India’s first and one of the most popular bitcoin trading platforms and if you are a registered user of Unocoin you can use your bitcoin worth as little as INR 100 to avail of these vouchers. ![](https://cdn-images-1.medium.com/max/800/0*W57rDItXxJn3OyPm)See this as a regular purchase you make digitally. You like pizza on Domino’s website and once your order is done you go to the checkout page and pay for the order. You pay in your local currency (INR) through online banking or credit/debit cards or online wallets. With Unocoin’s voucher feature, you can now avail of BTC vouchers and pay for the popular brands through their voucher option. Let us see in detail how this works. We assume you are a Unocoin user who has received some bitcoin or bought some bitcoin in the past. You log in to your account and go to the BTC page. From the multiple options available, you click on Shop. You see the last tab of Vouchers. If you are on the app, then you will find the Shop button on the dashboard and in the More section. You see 90+ popular brands and among them, you select Dominos Pizza. You see a dropdown of multiple INR denominations to buy vouchers. You select INR 500 and see the corresponding BTC you will have to pay to get that voucher. You click on pay and get the voucher code! Suppose you would like to have Dominos pizza someday. You either go to their website or open their app to order from the menu. You finalise your order. You see the total bill amount to be, for example, INR 850. You then proceed to checkout. This time, instead of choosing your bank for net banking or any UPI service provider or cash on delivery, you opt for payment through the vouchers. Since you have a voucher(s) handy with you that you bought from your Unocoin’s account, now is the perfect time to use them. While checking out, you click on the e-Vouchers tab to add the Gift Voucher you received from Unocoin. You enter your gift voucher code and pin as shown on your voucher, then click on submit. The instructions on how to use such voucher codes usually get displayed on every e-commerce portal. The total bill amount was INR 850 and the voucher you bought from Unocoin was worth INR 500. The remaining amount, which is INR 350 of the total bill, can be paid via any mode of other payments that fits best for you or you may even use another voucher code if you have it. ### But why vouchers? As mentioned above, this feature lets you barter your bitcoin into something which these high brands have to offer. Most of the time, the bank servers do not work, the banking server goes through some maintenance or sometimes you won’t have your debit/credit card handy. There are scenarios where your bank’s credit card cannot be used for payments because it is not linked to the brand you want to make the payment to. Moreover, there are times when cash on delivery is not applicable or you simply cannot find an ATM to get cash to pay for your expenses. For all such unpredictable cases, a pre-loaded voucher in hand can be a lifesaver. Moreover, there are multiple categories to choose from. This includes travel, restaurants, lifestyle brands, fashion, accessories, hotels and much much more. For every need and want, there is a brand that you can have a voucher for. What else do we need to enjoy the luxury of life! Finally, here goes the best part — **these vouchers form an amazing gift to be presented to your loved ones** and all you need to do is to pass on the voucher information by printing it out or just by sending it as a message to them. ![](https://cdn-images-1.medium.com/max/800/1*GA836vbfeEYGMez_6PNA9Q.jpeg)Since the big news is out now, you can explore the shop feature of BTC on [Unocoin](https://unocoin.sng.link/Awg8j/a0q1/wdnp). Happy Shopping! [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** [https://twitter.com/Uno coin](https://twitter.com/Unocoin) - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Vs Gold](https://blog.unocoin.com/bitcoin-vs-gold/) **Published:** July 30, 2021 **Author:** Unocoin Growth **Content:** The most well-known cryptocurrency, bitcoin was launched in 2009. It earned a reason to compete with gold because it holds a store-of-value, an investment feature just like gold. Bitcoin further carries a hedge of protection against volatility and currency devaluation. However, there is always one pertinent question as to which is better bitcoin vs gold, and this rivalry is commonly seen in the market. ![Bitcoin Vs Gold](https://cdn-images-1.medium.com/max/800/1*aR3Z4IOp3Xevw3H7Zx2pfg.jpeg)A few years back, many commodity market researchers and other analysts in the realm of finance foretold a market slump or recession. After several years of the market being in a bull position, investors worried that this instance might abruptly begin, and hence they sought a way to move their investments or ventures into a more steady and safer position. The conventional and the most popular transit would be to safeguard investments against this stock volatility. This could be done by investing in gold. In the former era, this was the prevalent and most effective way for a safer investment. However, the launch of bitcoin emerged as a haven, and it further led to a novel age of digital currencies. Being the most prominent cryptocurrency, bitcoin holds many characteristics of a currency. However, some distinctive traits also present it as a viable investment option. Although it is entirely the call of investors to decide which amongst bitcoin and gold is a more feasible option, many investors carry out their evaluations based on bitcoin vs gold market cap. **About Unocoin** [Unocoin](https://unocoin.sng.link/Awg8j/lhkc/gdy1) is the country’s largest bitcoin trading platform. This platform enables investors to trade and buy bitcoin most comprehensively. Unocoin is constantly working towards creating a better ecosystem for traders to easily trade in cryptocurrencies from any place across the globe. **Difference between bitcoin vs gold** While numerous factors make gold the most viable and safest investment option, the main cause for its value is, regardless of the demand for gold, the supply of this commodity remains extremely low. Unlike shares and physical currencies, gold cannot be issued because this is an asset that is grounded and processed after mining. While on the other hand, bitcoin is regarded as a cryptocurrency based on a blockchain. It is further known as digital gold due to its unique features. Like gold, bitcoin is also not issued by any agency like the Federal government or Central bank. Rather, bitcoin is extracted by miners using the latest computing technology. Even after some of the similarities, bitcoin vs gold market cap differ based on certain factors mentioned below. 1. **Difference between bitcoin vs gold price based on transparency and legality** While differentiating gold and bitcoin based on transparency and legality, one can say that investing in gold is usually better when it comes to transparency and legality. Gold is better in terms of transparency because gold’s set method of selling, measuring, and tracking is natural. It is extremely difficult to misappropriate gold, to transfer false gold, or to contaminate this metal otherwise. Apart from this, the legal procedure of investing in gold is much easier when compared to bitcoin, as even after being the most traded cryptocurrency, bitcoin remains hard to track if there arise any fraudulent activities. **2. Difference between bitcoin vs gold based on the baseline value** Since it is regarded that both bitcoin and gold are precious resources, the parting or mining of bitcoin recompense warrants that each of the 21 million bitcoin will come out in the market by the end of the year 2140. At the same time, it can also be comprehended that there can be just 21 million bitcoin that would ever exist, and can ever be mined. However, it is unknown when will all of the earth’s gold be dug. In addition to this, there is further a consideration that gold can also be dug from asteroids. There are indeed certain corporations looking to mine gold from asteroids in the future. Apart from this, gold has historically been utilised for numerous purposes, from extravagant objects like ornaments to functional employment in electronics, dentistry, and many more and holds a great baseline value. In accession to leading in a novel locus on blockchain technology, bitcoin itself hold a colossal baseline value. Millions of individuals worldwide are deficient in banking base and infrastructure along with conventional ways of finance and banking, like loans and credits. With the assistance of bitcoin, these people can transfer value over the world for close to zero fees or charges. Bitcoin’s real potential as an investment method for those without access to conventional banks has conceivably yet to be thoroughly developed. **3. Difference between bitcoin vs gold based on liquidity** It might not be wrong to state that both bitcoin and gold comprises an extremely liquid market. By liquidity, it implies that both bitcoin and gold can be easily and readily converted in the cash form, or it can further be asserted that it holds a higher exchange rate. **4. Difference between bitcoin vs gold based on volatility** One of the greatest concerns and anxiety for investors looking up to bitcoin as a secure and safe asset is its volatility. Individuals need to watch only the rate archives of bitcoin in the preceding two years as proof. At its most crucial point, near the commencement of the year 2018, bitcoin touched a value of approximately $20,000 per coin. Only around a year later, the price of a single unit of bitcoin wavered approximately near $4,000. Since it gained a share of those losses, it is still nowhere adjacent to its one-time steep value point. On the other hand, it can be said that the prices of gold can become volatile in the short term. However, when looking upon the benefits in the long term, it can be explicitly asserted that gold is less volatile than bitcoin. **5. Difference between bitcoin vs gold based on safety** When differentiating bitcoin vs gold price or value based on safety, people must note that gold can safely be stored in vaults and further guarded by custodians obligated to safeguard the investors’ account. In addition to this, gold vault accounts are usually guaranteed up to a specific amount, much similar to a conventional financial institutional account. Hence, the investors can always be assured that all their gold investments are safe and secured. On the other hand, since bitcoin is a digital cryptocurrency, investors would still require a place to hold this bitcoin safely. Bitcoin can be stored in a digital wallet, cloud platform, or physical hard drives. However, these storage modes are not considered safe when juxtaposed to gold as there is always a constant threat of hacking on these cloud-based platforms. **FAQs –** 1. **Is bitcoin a good investment in 2021?** After looking at the past and present performance of bitcoin, it can be asserted that bitcoin is the highest performing asset in the present times. While there were certain highs and lows seen in the bitcoin market in the past few months, it might not be wrong to say that the prices of bitcoin are bound to increase tremendously over time, and the small amount invested today is sure to yield higher returns in future. **2. Can bitcoin overtake gold?** The value of bitcoin is increasing by the day. After looking at the bitcoin market performance, it is evident that the value of bitcoin has overtaken the former value of bitcoin, and now the value of bitcoin stands at $39,734.20 while the value of one ounce of gold is still 1651.47 USD (at the time of writing this a rticle) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How Ethereum works](https://blog.unocoin.com/how-ethereum-works/) **Published:** August 5, 2021 **Author:** Unocoin Growth **Content:** In the past few years, cryptocurrency has witnessed numerous ups and downs. Nevertheless, as these ups have overcome and outcasted the downs, it has determined to remain a prominent investment possibility for all the investors who are contemplating trading in cryptocurrency. This article will help you learn about ether, which is the second most popular cryptocurrency after bitcoin and also, learn about how its blockchain named ethereum works, its mining process, storage, and much more. ![How Ethereum works](https://cdn-images-1.medium.com/max/800/1*O3UAi4Ry-3JPuJbSCEoCvA.jpeg)Ethereum is an open-source portal that employs blockchain technology to build and drive decentralised cloud applications, often known as “dApps”. These applications facilitate users to create agreements and control transactions. They also deal instantly with each other to purchase, exchange and trade goods and services without a middle person. Ether is usually regarded as the next most prevalent cryptocurrency, following bitcoin. However, unlike bitcoin and other numerous digital currencies, Ether is designed to be much more than just a store of value or a means of exchange. The ethereum functions through a global interface of networks that run collectively as a supercomputer. The interface compiles and drives Ethereum Smart Contracts. These smart contracts are regarded as self-governing applications from any third party blocking or restriction, as the ethereum blockchain is immune to tampering. Ethereum smart contract operates precisely as planned, and it considerably diminishes the chances of deception. They are self-governing, similar to an automatic vending device that brings out the deal terms digitally. #### About Unocoin Established in 2013 as India’s premier corporation that lets people trade in cryptocurrency, particularly in bitcoin and ether. Unocoin is an Indian crypto assets trading and blockchain organisation aiming to grow as a world player in crypto assets. It extends as an extensive trading and storing portal with a user-friendly mobile app and an interactive website. #### What is ethereum mining? Ethereum mining is simply a process wherein blocks of transactions are made and added to the blockchain of ethereum. Similar to bitcoin, ethereum mining also uses and works on a POW (Proof of Work) mechanism with the assistance of ethereum miners. These ethereum miners always ensure that every mining transaction occurs in order and there is no technical glitch. These miners further solve the difficult problems which arise while creating ethereum blocks and secures the mining network from potential cyber threats and attacks. Mentioned hereunder are steps through which ethereum works during its mining. 1. An ethereum user inscribes and confirms the trade application with the special code of some account. 2. The ethereum user then transmits the execution application to the undivided ethereum interface with the help of some nodes. 3. Upon learning about the novel transaction application, every node in the ethereum interface appends the application to their local mempool — a record of all trade applications they have understood about, that have not yet been allocated to the blockchain in an ethereum block. 4. At a certain moment, an ethereum mining junction accumulates various dozen or hundreds of thousands of action applications into a potential block in a manner that enhances the action fees they collect while still lingering under the block gas frontier. The ethereum mining node then: 4.1 Confirms the efficacy of every transaction application (i.e. no person is attempting to transport ether out of a blockchain account that they have not performed a digital signature for, the application is not distorted, etc.), and then administers the system of the application, modifying the status of their local copy of the EVM (Ethereum Virtual Machine). The ethereum miner then confers the activity fee for every before-mentioned trade application to their account. 4.2 Initiates the method of creating the Proof-of-Work “certificate of legitimacy” for the inherent block once all trade applications in the ethereum block have been tested and administered on the local ethereum virtual machine copy. 1. Ultimately, an ethereum miner will complete creating a certificate for an ethereum block that incorporates the explicit transaction application. The ethereum miner then disseminates the finished block, which comprises the certificate and a total sum of the required brand-new ethereum virtual machine state. 2. When other nodes discover concerning the novel ethereum block, they validate the document, complete all events on the block themselves (comprising the transaction incipiently disseminated by the user), and confirm that the total of their novel ethereum virtual machine state past the accomplishment of all transactions coordinates with the total sum of the state demanded by the ethereum miner’s block. Just then, these nodes add this ethereum block to the end of their blockchain and allow the novel ethereum virtual machine position as the official state 3. Every node eliminates each event in the novel block from its local pool of incomplete transaction applications. 4. Brand new nodes entering the interface download or install every block according to their sequence, including the ethereum block carrying the transaction. They then initiate a local ethereum virtual machine copy (which begins as a blank-state ethereum virtual machine) and later run through the method of administering each transaction in all blocks on the tip of their local ethereum virtual machine copy, testing total state sums at every block along the route. Each ethereum transaction is mined (incorporated in a brand-new block and disseminated for the initial time) once, however, accomplished and confirmed by each member in the method of developing the approved ethereum virtual machine state. #### What is ethereum storage? As juxtaposed to a centrally placed interface managed by a particular business or organisation, decentralised storage methods comprise a peer-to-peer interface of user drivers who carry a part of the complete data. This builds a flexible method of data storage and distribution. Every smart contract operates in the EVM( Ethereum Virtual Machine) and holds a position in its steadfast storage. Ethereum itself can be utilised as a decentralised storage system for storing codes in every smart contract. Ethereum storage is a massive assemblage that originally comprises zero data. Every value in the assemblage is 32 bytes far-flung. In sum, there are around 2,256 storage values, and smart contracts can easily study from or communicate to any value at any provided place. When articulating extensive volumes of data, that is not what the ethereum storage system is intended for. At the moment of copying, the ethereum storage chain is about 350GB, and each node on the interface requires to be capable of collecting all 350GB of information. If the storage chain were to grow to massive volumes of data (assume 5TBs), it would not be possible for every node to proceed to operate. Furthermore, this can become extremely valuable to expand brand-new data due to the volume. Hence, ethereum users require a different series or methodology to store or collect massive volumes of data in a decentralised way because of these limitations. #### What are wallets used for ethereum storage? Before a person starts trading in Ethereum, they would require a storage place to this ethereum. In the world of cryptocurrency, this storage space is regarded as a wallet. This ethereum storage wallet is essentially a bit of software that enables you to save your funds, efficiently manage activities and monitor the balance whenever required. There are various kinds of ethereum wallets that a person can choose from. Mentioned below are some of the popular ethereum wal let types. 1. **Hot or Cold Ethereum Wallets** There are two significant kinds of ethereum wallets — hot and cold wallets. A hot wallet saves your passwords on the cloud or on a local device so that they can be effortlessly approachable online from anywhere across the globe. While on the other hand, cold wallets save your passwords offline and solely connect on the cloud platform when you desire them to. This makes the cold wallet more reliable and less predisposed to hacker invasions like the hot ethereum wallets. **2. Ethereum mobile wallet** Ethereum mobile wallets are often regarded as ‘light’ customers, as they do not require the user to install the complete blockchain to work. Rather, they depend on nodes or miners to transfer detailed data concerning the prevailing state of the interface. These wallets are transcendent for utilising on the go, naturally facilitating the user to access their ethereum at any point in time. **3. Ethereum paper wallet** An ethereum paper wallet is possibly the most secured alternative for saving an ethereum. This paper wallet is simply a bit of paper with a cypher or password printed on it. The most significant benefit is that this paper wallet is neither attached to the cloud nor does it require to be saved on the system, and this bit of paper can remain with the trader at all times and further keep the funds protected from hacker attacks. #### Where to buy ether from? Trading platforms and cryptocurrency exchanges are the most suitable place where a person can buy an ethereum. In India, Unocoin is a very trusted platform to buy Ether. Apart from this, if the person desirous of purchasing an ethereum holds less knowledge of how ethereum works or its trading, they can also take assistance from an online booking platform for the trading purpose. #### Frequently Asked Questions (FAQs) 1. **What will be ethereum worth in 2021?** Various blockchain and cryptocurrency researchers and analysts have stated that ethereum pricing will reach new highs in 2021. The present all-time high is at 4100 USD. **2. Will ethereum price go down in 2022?** After looking at the past performance of ethereum or data around how ethereum works for the past few years, it is anticipated that the ethereum Pricing will go up in the year 2022. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [The best of Both worlds: Unocoin collaborates with Airtm](https://blog.unocoin.com/the-best-of-both-worlds-unocoin-collaborates-with-airtm/) **Published:** August 12, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/0*9yCJ59ys1bJ-0r8o)Bitcoin and cryptocurrency, in general, has always been on a roller coaster. Sometimes the value of it goes high up and this cheers those who have HODLed some of it. For others, they regret not having any of it to cheer about. Surprisingly, when the prices hit bottom, it cheers another set of investors as they see it as an opportunity to buy more of the crypto. On the other hand, some commonly weep on the losses. Sometimes the country you live inputs restrictions on the bank to stop any kind of crypto-related transaction, or the government sometimes passes on a notice that crypto is not under their legal purview. When we talk especially about India, the Indian government, Indian citizens or people who trade or invest in India, the constant take of the government seems quite important. The reason why an average Indian investor overthinks his/her crypto-investment is that the government might anytime approve or disapprove of the transactions or the crypto assets held. It is not us saying this, history has records. ![](https://cdn-images-1.medium.com/max/800/0*9h5j5dO6f3bxo1M5)The question here arises also of liquidity and exit. If the rules are softer on the crypto market, investors tend to invest and enter into the market. But the real challenge that they have faced or might face in the future is about exiting when the rules seem to be on the stricter side. Investors also look for an exit plan, when they wish to. And come on, we should have an easier and user-friendly exit mechanism too. To eradicate this fear among investors, Unocoin came up with a beautiful idea. Two years ago, when the Indian customers of Unocoin faced some discomfort to liquidate their crypto funds, Unocoin collaborated with Airtm. Unlike the recent times, in the year 2019, before the supreme court verdict on RBI, there were restrictions on deposit and withdrawal of INR from/to bank to/from the crypto trading platform. To ease out the process, [Unocoin](https://unocoin.sng.link/Awg8j/46xl/zf54) did collaborate and let its customers transfer their Unocoin USDT to the Airtm USD wallet. On Airtm, the liquidation of any cryptocurrency to INR was possible. This collaboration is still intact even when the ban on crypto transactions is now lifted from all of the crypto trading platforms in India. Even today, this is used by many customers who love this way of exit. [Unocoin](https://unocoin.sng.link/Awg8j/46xl/zf54) today offers trading on more than 40 plus cryptocurrencies. It is powered by a seamless deposit of INR from your bank account. Once the deposit is done, you can convert the INR into any cryptocurrency if you want. The same goes with Airtm as well. Airtm lets you convert your local fiat currency into 30+ cryptocurrencies that you can do trading on. It also accepts deposits in INR, Euros, Pounds and other local fiat currency acceptable across the globe. The US dollar is considered to be the most stable fiat currency today. Bitcoin, which emerged as the first blockchain-based cryptocurrency catered to a lot of problems that existed with the centralised financial system. But bitcoin had its own set of drawbacks. And hence, the emergence of a stable crypto coin took place in the form of a US dollar tether or USDT. The USDT still is considered to be the most stable crypto coin to date. The USDT is backed by the US dollar and usually, it values equal to one US dollar. On the Airtm platform, USDT is referred to as AIRUSD, that is, one USDT equals one AIRUSD. Once you have AIRUSD on your Airtm wallet, you can also cash it out into physical cash through human tellers that exist across India. You can check the Airtm app to know where all it can be cashed out. ![](https://cdn-images-1.medium.com/max/800/0*yhptFRh8VPCRbHPt)### Why the bridge: Well, when you are told that you do not have to pay anything as an exchange fee for any kind of withdrawal or transfer, you got to be raising your eyebrows and lend us your ears. You read it right. You deposit any fiat currency on any of the two trading platforms, buy any crypto from the local currency, and withdraw. There are no exit fees. Also, you deposit local fiat currency from one platform, convert it into USDT or AIRUSD, transfer it to the other platform and exit, you still pay no exchange fee whatsoever. Now tell us why you should not make the most of this collab? ### How to cross the bridge: Now since you know that this cross-platform hopping is possible and beneficial for saving hefty transactional fees, you might also like to know what are the key points one needs to take into account to do this transfer. The cross-platform transfer is possible with the help of USDT as the pairing coin. Also, a user needs to be a Unocoin user AND an AIRTM user. By user, we mean that the Unocoin team should have verified your bank and other identity-related details. For Airtm as well, there are two categories of their users — semi verified and fully verified users. Also, there is a minimum limit of the USDT that can be transferred. For a daily transfer, the minimum limit is set to USDT 10. Finally, the email ID with which you register your accounts with [Unocoin](https://unocoin.sng.link/Awg8j/46xl/zf54) and AIRTM must be the same. This makes sure the cross-platform transactions are smooth and quick. ![](https://cdn-images-1.medium.com/max/800/0*d4hYfAOUmrVHivqJ)Now when you know why you should have the best of both worlds, try this amazing feature. We hope this article helped you save some hefty exchange fees. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin vs Bitcoin Cash](https://blog.unocoin.com/bitcoin-vs-bitcoin-cash/) **Published:** August 13, 2021 **Author:** Unocoin Growth **Content:** This blog aims at telling you the difference between bitcoin and its expansion bitcoin cash. Even though bitcoin cash is a subsidiary of bitcoin, it is still very different in terms of functionality, pricing, and user details. We will list down and explain the difference between both cryptocurrencies. ![Bitcoin vs Bitcoin Cash](https://cdn-images-1.medium.com/max/800/1*kx9e08_d4YQoJ-_E4sch5Q.jpeg)#### Introduction Bitcoin is the first digital currency that was launched in January 2009. It is based on ideas proposed in a whitepaper by Satoshi Nakamoto — a mysterious and pseudonymous figure. The person or persons behind the technology have yet to be identified. Bitcoin has lower transaction rates than traditional internet payment systems and is decentralized, unlike government-issued currencies. Every bitcoin transaction is verified employing a massive amount of computing capacity. Bitcoin cash is a cryptocurrency created in August 2017 when bitcoin was forked. Bitcoin cash expanded the block size, allowing for more transaction processing and improved scalability. In November 2018, the blockchain split again into bitcoin cash ABC and bitcoin cash SV. Bitcoin was created to become a peer-to-peer cryptocurrency that could be used for everyday transactions. Bitcoin became an investment vehicle rather than a currency over time as it gained mass popularity and its price soared. The payments and the time it takes to confirm a transaction on the bitcoin blockchain have also risen. This was mostly due to the 1MB block size limit of bitcoin. Transactions were queued and awaited approval because blocks couldn’t handle the increase in transaction size. #### Bitcoin vs Bitcoin Cash As previously said, the worth of cryptocurrencies such as bitcoin and bitcoin cash is determined by how widely they are accepted, utilized, and requested. We should assess them in terms of return on investment (ROI) and increase in valuation. They all carry worth, and while bitcoin has had the most up value until now, bitcoin cash is rapidly attracting users and value. Bitcoin cash is a cryptocurrency that is much younger than bitcoin. As a consequence, it is securing and realizing its position in the cryptocurrency industry. Many say bitcoin cash would take a sizable chunk of bitcoin’s market share, making it the industry’s newest leading cryptocurrency. Bitcoin cash has overcome bitcoin’s scaling issues, making it possible for more people to adopt it. If the bitcoin community cannot agree on a mutual upgrade to the bitcoin code to address its problems, bitcoin could lose the bitcoin vs bitcoin cash fight. As a result, more people are expected to turn to BCH as their primary store of value and transactional currency. One of the reasons preventing bitcoin cash’s accelerated growth is the confusion between bitcoin and bitcoin cash. Many prospective investors see bitcoin cash as a less expensive bitcoin with a lower entry point. Bitcoin cash has been called a copycat currency due to the confusion that arose because it was dubbed as a cash grab aimed at duping future crypto customers into buying a phoney bitcoin. This, is not the case, though. BCH isn’t a clone of bitcoin, but it might be a superior one. #### Bitcoin vs bitcoin cash — transaction speed On the level of processing costs, there is a difference between bitcoin and bitcoin cash. 1. Since bitcoin cash has lower transaction costs (around $0.20 per transaction), using it instead of BTC would save you money. A BTC transaction will cost as little as USD 1, but it has previously cost as much as $25 per transaction! 2. Bitcoin cash transfers data more quickly. Your transaction may get confirmed faster due to the bigger block size! Hence, BCH has a higher transaction rate per second. This means that more users will use BCH at the same time instead of BTC. Bitcoin’s blockchain technology’s issue is that it is sluggish, particularly compared to banks that handle credit card transactions. Visa Inc., for example, handles about 150 million transactions per day, averaging around 1,700 transactions per second. At 65,000 transaction messages per second, the company’s capacity pretty much exceeds that. How many transactions per second will the bitcoin network handle? Number seven. Two transactions can take up to several minutes to complete. Since there are more transactions to handle without a shift in the underlying infrastructure that handles them, waiting time has increased as the bitcoin network has expanded. BCH has its blockchain and features, with one significant exception from bitcoin. BCH also introduced an 8-MB block size to speed up the authentication process, as well as an adjustable degree of complexity to guarantee the chain’s longevity and transaction verification speed, independent of the number of miners supporting it. The nominal block size for bitcoin cash was expanded fourfold to 32MB in 2018, but real block sizes have remained a small fraction of the 32MB limit. As a result, bitcoin cash can work faster than the bitcoin network, resulting in a shorter wait time and smaller transaction processing costs. The bitcoin cash network can process far more transactions per second than the bitcoin network. However, there are drawbacks to the quicker transaction verification time. The greater block size associated with BCH can undermine stability in comparison to the bitcoin network. Similarly, since bitcoin is now the most common cryptocurrency globally and has the highest market capitalization, users of BCH can notice that liquidity and real-world usability are less than for bitcoin. These changes are because a bitcoin cash block (in the blockchain) is eight times bigger than a bitcoin block. This makes BCH faster, cheaper, and more scalable than bitcoin. Bitcoin cash is becoming more and more adopted by the day because of this. #### Difference between Bitcoin vs Bitcoin Cash-based on Liquidity The capacity of a commodity to be turned into cash on demand is one way to define liquidity. Another viewpoint is that the bid-ask spread determines liquidity and that a transaction with a lower bid-ask range has more liquidity. Liquidity refers to the lack of discounts or premiums added to an asset when purchasing or selling it, as well as the ease with which one may reach and leave the market. Liquid markets are broader and cleaner, while illiquid markets will trap traders in difficult-to-exit positions. Bitcoin’s value has risen dramatically in the last five years, to the point that the graph had to be drawn on a logarithmic scale. 1. In 2014, the daily value of bitcoin was under $100 million, and it sometimes dropped below $10 million. 2. By early 2018, the figure had risen to more than $20 billion. However, there have been times that the blockchain has been illiquid. 3. Since the bitcoin price plummeted, daily volume often dropped below $5 billion. By early 2020, however, bitcoin’s daily value had surpassed $20 billion regularly. More users will be able to swap their coins, thanks to the rise in the number of trusted bitcoin exchanges. [**Unocoin**](https://unocoin.sng.link/Awg8j/dfu7/3959) is the largest bitcoin exchange in India. Its unwavering goal is to establish itself as a leading global player in the digital currency and crypto assets space and contribute to the Indian and global economies. Liquidity is improved by increasing trading frequency and length. Some people keep their bitcoin away from exchanges. Many of these investors can trade their bitcoin since common markets become more stable, increasing the number of buyers and sellers. Increased bitcoin adoption in physical stores, online stores, and other businesses can help to increase its functionality and minimize its volatility. Bitcoin gets more volatile as it is used as a means of trade. Previously, retailer adoption was increasing, but strong speculative demand depleted the supply available for commerce. Then there was bitcoin’s use in retail trading. #### Difference between Bitcoin vs Bitcoin Cash based on Buying Platforms [Unocoin](https://unocoin.sng.link/Awg8j/dfu7/3959) is one of the most common exchanges for buying bitcoin and bitcoin cash. You can buy common cryptocurrencies such as bitcoin and bitcoin cash with fiat on this site using your credit card, bank account, and other methods. Where can you trade bitcoin or bitcoin cash? 1. You can trade bitcoin or bitcoin cash on peer-to-peer trading platforms, on wallets, and on cryptocurrencies websites. 2. This is one of the simplest and safest ways to invest in your preferred cryptocurrency, including bitcoin cash. Unocoin, Binance, Coinbase, and StormGain, to name a few, are examples of such platforms. Open an account, make a payment, and buy your favorite cryptocurrency once you’ve decided on one. 3. After that, you have the choice of withdrawing your cryptocurrency or leaving it on the platform. These are usually more straightforward than the previous form. Lastly, If you meet anyone who needs to sell bitcoin cash, you can buy it directly from them, cutting out the middleman. However, this is the least stable method of buying cryptocurrencies. Just go ahead with it if you’re certain you can trust the seller. #### Difference between Bitcoin vs Bitcoin Cash-based on users Bitcoin remains the undeniable king of all crypto, including bitcoin cash and others, which are also the holders of value. However, bitcoin cash is rapidly gaining demand and attracting new customers. Thanks to its quick transfers and low fees. Many members of the cryptocurrency community claim that bitcoin cash will eat up a significant portion of bitcoin’s market share. 1. Bitcoin investors, for example, are typically conceived of as younger people who make up a relatively small percentage of the population. As a result, it has been the most famous cryptocurrency. 2. Bitcoin cash is preferred by many developers, investors, and crypto enthusiasts, and traders because it addresses bitcoin’s scalability problems. As a result, more people would be able to use it at a given time for a cheaper fee and higher transaction volume. According to the poll, over one-third of American investors, or about 21 million individuals, will consider investing in bitcoin. A few possible explanations: aside from its use as a speculative instrument or a long-term store of value, bitcoin is often used to diversify a portfolio. Its price fluctuations are not strongly associated with stock market movements. The typical trader is 45 years old, and those involved in bitcoin are 42 years old. This runs counter to the common misconception that bitcoin is only popular with millennials and other young investors. More surprising evidence can be found in demographics. Bitcoin investors are marginally more inclined than the average investor to classify as republicans, and they have a comparable interest. Apart from that, many people who buy bitcoin see it as a store of value rather than a payment system, so it’s sometimes referred to as “digital gold.” #### In Conclusion Many people are under the impression that bitcoin cash vs bitcoin is a war and should be better than the other. Bitcoin cash is a faster and cheaper asset to use for transacting on the blockchain for practical reasons. However, as the first blockchain cryptocurrency, bitcoin is the most widely used and is arguably the most worthy store of value in the cryptomarket. This leads us to think that as the market grows and matures, all of these coins will continue to be staples. With more people adopting BCH, it can become the primary tool for transfers and money transfers. It will help determine if you want to participate in and use these two coins now that you understand the distinctions between them. You can, for example, invest in bitcoin cash and use it as your primary means of payment. You might, however, invest in bitcoin in the same manner as you can in gold for investing purposes. #### Frequently Asked Questions (FAQs) – 1. **What is the point of bitcoin cash?** Bitcoin cash can handle transfers faster than the bitcoin network, resulting in shorter response times and smaller transaction processing costs. The bitcoin cash network works and processes at a much faster transaction rate than that of the bitcoin network. BCH seems to have its blockchain and features, with one significant exception from bitcoin. BCH also introduced an 8-MB block size to speed up the authentication process, as well as an adjustable degree of complexity to guarantee the chain’s longevity and transaction verification speed, independent of the number of miners supporting it. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** [https://in.linkedin.com/company/unocoin](https://in.linkedin.co m/company/unocoin) - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What can you do for bitcoin and crypto today?](https://blog.unocoin.com/what-can-you-do-for-bitcoin-and-crypto-today/) **Published:** August 18, 2021 **Author:** Unocoin Growth **Content:** Bitcoin is a technology that revolutionized the monetary system and made finance inclusive. But it needs you to fulfil its goal. This article is for those who own bitcoin or other cryptocurrencies and advocate their usages. ![What can you do for bitcoin and crypto today?](https://cdn-images-1.medium.com/max/800/1*m__k3xg-X4VNvvuyVpb47A.jpeg)What does everybody have in common in our world today? No matter where you are born, where you live, what is your religion, what your caste is, which tribe you belong to, what is your profession, or your nationality, money is common to everyone. We use the money to buy food, for travelling, to go to schools and universities, to build homes, to buy cars, to buy tickets for our favourite movie, to build cities and towns. Any activity we can think of today is done using money. Money pushes the human race forward, fuels wars yet bring peace, challenges communities, yet brings power and accelerates innovation. Now, we are converting our hard cash into mere ones and zeros that exist on the Internet. ### Bitcoin: The money concept with only ones and zeros ![](https://cdn-images-1.medium.com/max/800/1*tiGhf4-1KCNjN4j2e9YkRw.jpeg)You have heard of bitcoin or cryptocurrency, it’s been everywhere from TV channels to social media, from WhatsApp chat to strangers talking about it in restaurants and parks. You might already have owned some bitcoin or other cryptocurrency. You know crypto is the future, you understand its potential, you understand that bitcoin is a groundbreaking innovation. You know for the fact that bitcoin is purely digital and is one of the greatest monetary inventions in human history or like many others, you know bitcoin as an investment vehicle to gain profit from. While there are countless amazing prospects of bitcoin and cryptos, not every person likes the bitcoin idea, especially the big banks, institutions, and governments. They have every reason to shun and worry about bitcoin and cryptos because bitcoin is a threat to the traditional monetary system. Not everybody likes innovation, especially when it threatens your existing system. Yet, for the first time in history bitcoin gives the freedom to own your wealth wholly, giving you complete control over your money. Today, without any intermediaries, you can send and receive money from across the world at absolutely zero charges, to anyone, anywhere, and at any time. ### Not everybody likes innovation, especially when it threatens your existing system ![](https://cdn-images-1.medium.com/max/800/1*oWIhjC96kMyRcOyNWRRKYw.jpeg)If you look at the most successful companies in the world today, what do you notice? From Google to Facebook, Amazon to Netflix, Uber to Tesla, Microsoft to Apple, they all have one thing in common: disruptive innovation. Their innovation disrupted existing systems and business. Google disrupted the encyclopedia, Amazon disrupted retails, Facebook disrupted media, Uber disrupted taxi commutes and like all these, bitcoin is now disrupting the existing monetary system like banks, and financial institutions. Across the world, to save their business, banks and institutions are trying to spread fear, uncertainty, and doubt to the minds of the public, often taking government help to ban bitcoin and cryptos, making tougher regulations. Policies are made to stop the bitcoin revolution, laws are ordered to track down bitcoin activities, lies are spread that bitcoin is a scam, that bitcoin uses too much energy which is not environment friendly. Yet, people are recognising that these are nothing but lies again and again. ### Nothing can stop bitcoin and cryptocurrency ![](https://cdn-images-1.medium.com/max/800/1*wQMHMV8V63weh_WSRYMGmg.jpeg)At the end of the day, nothing can stop bitcoin and cryptocurrency. Our technology is built and designed in such a way that no government, no corporation, no country, or no individual can take control of it. The architecture is decentralized, distributed, and open-source meaning anybody can access its source code and verify himself. So what can you do today to advocate this innovation and help bitcoin reach everyone who needs it? You can potentially do the following to help bitcoin and cryptocurrency reach the people who deserve it. ### Learn the core principles and don’t spread false information: The first and the best way to advocate for bitcoin is to learn about it, explore and understand the wonderful innovation this technology brings. Also, learn about the monetary system, how your banks work, how your money is created, and how it is distributed. Once you know the working of the monetary system you will understand why bitcoin is important and why we need it. ### Don’t trust, verify: Today we are living in the social media world, filled with information everywhere we go. Content is created every second on social media and the internet, you are consuming data more than ever before. You have every information you need at your fingertips, more than the US president had 50 years ago. Because of too much information, lies can be spread easily, attacks can happen at any moment and especially in the finance world, scams can happen easily. So, don’t trust, verify your source. ### Don’t over-promise, bitcoin is not a get-rich-quick scheme Seeing the gain and profits people are making in the crypto space, oftentimes you are over-promised with huge profits in a short time. You must know that bitcoin and crypto is not a get-rich-quick scheme, though bitcoin and crypto give you more return than the traditional stock market, it takes its own time. So whenever you share about bitcoin and crypto to anyone, don’t over-promise them about the profits and gain, the market can overturn in a matter of hours that leads to huge losses. “Do your own research” should be your message when you talk about crypto. ### Follow the industry and crypto personalities The best way to know about any updates, movements, and the happenings around bitcoin and crypto is by following industry leaders and personalities. But again remember, verify and know whom you are following. Grasp and validate their ideas and thoughts about the industry, amplify their message and support the community. ### Start small, with friends and families It does matter whether the institutions and banks like bitcoin or not, once the people adopt bitcoin as their new monetary system they will have no choice but to accept it. The best and the simplest way is to share the story of bitcoin with your friends and families. Share the amazing potential bitcoin will bring for the future, include them in your financial journey, and most importantly share your wealth as humans. ### Conclusion Today the inequality gap is widening more than ever before. More than half of the world’s wealth is owned by just the top 1 percent of the richest people. On one corner, billionaires are going to space, yet on the other corner, millions if not a billions people are dying out of hunger. All these are not because of the rich people. They have nothing to do with income inequality, but it is all because of the inefficient monetary system we have. Bitcoin’s goal is to bring financial inclusivity to everyone in the world. **Unocoin**: India’s first and most secure crypto exchange aimed to bring bitcoin to billions of Indians thereby facilitating a modern financial system for everyone in need. Every step and action you take can help someone to participate in the modern financial system. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://you tu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Digital Currency?](https://blog.unocoin.com/what-is-digital-currency/) **Published:** August 21, 2021 **Author:** Unocoin Growth **Content:** Digital Currency is only available in digital or electronic form rather than in tangible form. Digital money, Digital Currency, digital wallets, and cybercash are all terms used to describe it. ![What is Digital Currency?](https://cdn-images-1.medium.com/max/800/1*AjqmXd__FUBDtI9NWkH5Aw.jpeg)Digital currencies have attributes comparable to conventional currencies, but unlike printed banknotes or minted coins, they do not have a definite shape. The lack of a physical form allows for near-instantaneous transfers over the internet and eliminates the risk that comes with circulating notes and coins. Digital currencies are invisible, and they can only be owned and traded using machines or mobile wallets linked to the internet or other designated networks. Digital currencies, like any other foreign currency, can be used to buy merchandise and pay for utilities. However, they are limited in some online cultures, such as gaming forums, casino websites, and social networks. [Unocoin](https://unocoin.sng.link/Awg8j/5e9f/ug3r) is the first bitcoin exchange in India. Its unwavering goal is to establish itself as a leading global player in the Digital Currency and crypto-assets space and contribute to the Indian and global economies. #### Different types of Digital Currency Now we’ll look at the various kinds and forms of digital currencies. Virtual money and cryptocurrencies are the two most important types of digital currencies. 1. **Centralized** Virtual currency is a form of digital currency that can only be accessed on a single network. Both FarmVille players, for example, tackle the in-game virtual money coins from which they can purchase items for their ranch. Digital money, on the other hand, is only useful within a predefined network. You can’t use your FarmVille coins to buy a cheeseburger from McDonald’s. Contactless cash transfer is used by a variety of electronic money networks to allow quick payment and give the payee more interest in not losing their electronic wallet during the process. Some examples — Venmo began as a mobile payment system via SMS in January 2010 and has since evolved into a sharing app where friends can pay each other. The iPhone 6 launch case also revealed Apple Pay. It was announced in October 2014 as an upgrade for the iPhone 6 and Apple Watch. It’s equivalent to Google Wallet, except it’s just for Apple users. **2. Decentralized** Cryptocurrency is a digital currency of real value. This type of advanced money is based on numerical equations, with tokens moving electronically over the internet through distributed systems administration. One of the benefits of cryptocurrencies is that it is not linked to any single country’s economy. This structure is autonomous and independent of everyone, even the administrator. This means that even if one country’s economy collapses, the digital currency will have less impact. Often, since there are no corporate departments to deal with, bitcoin makes it easier to run global markets. Examples — If you’re just getting started with digital currencies, there’s a fair chance you’ve learned about bitcoin. Bitcoin was the first feasible digital currency to be launched, and its open-source Blockchain tech protocol ignited the current wave of digital currencies. In 2011, Litecoin was created and launched. It shares some similarities with bitcoin, including using the same open-source cryptographic algorithm (Blockchain). As a consequence, it is regarded as a bitcoin substitute. Some beginners to digital currencies have found Litecoin’s network pace, market cap, and volume quite appealing. #### How does digital currency work? Although there are several different forms of digital currencies, the basic mechanisms are all the same. Here’s a step-by-step guide to how digital currencies operate, as well as the technology that enables them. Blockchain networks are the most important aspect of how digital currencies function. The blockchain cryptographic protocol and the corresponding blockchain networks of each digital currency vary significantly. When we talk of a particular currency’s blockchain, we’re talking of a single version of the blockchain protocol. The program’s implementation is called digital currency. To put it in another way, all digital currencies are generated, deposited, and traded on their blockchain networks, which are all based on the blockchain protocol. So, if a digital currency has been developed, how can people get their hands on it and use it? The blockchain algorithm addresses both of these issues via a method known as “mining”. The miners are in charge of confirming the transfers contained inside a new block to be sealed and registered on the public blockchain ledger. The new block is validated after miners complete a hash, and the hash is deposited alongside it. Miners earn new units of the network’s currency for each newly confirmed block. If the network increases in complexity, the Blockchain software protocol makes it more difficult for miners to create hashes and validate new blocks, thus regulating the money supply and controlling inflation. For channels and their currency, this scheme ensures transparency, openness, and stability. When cryptocurrency exchanges are mined or passed between users, they must be kept safe before their new owner can use them. Digital currency wallets are useful in this situation. Wallets are essentially pieces of software that can safely store digital currency for an infinite amount of time. A public and a private key are included in any digital currency wallet. The wallet’s owner is the only one that has access to the secret key. It can never be exchanged since it includes the cryptographic information used to approve transactions out of the wallet. Encryption is often used to protect private keys backed up in hard copy on file. **Advantages of digital currency** 1. You pay a much smaller price, often zero, while using cryptocurrency, bitcoin, and other digital currencies. 2. There are no chargebacks after you accept bitcoin transfers. When you get the transaction from your buyer, the deal is final. 3. Transaction speeds are also much higher than for legacy financial networks. 4. Cryptocurrency transactions are much smoother than traditional banking transactions. 5. Because of the system’s algorithms and regulated quantity constraints, there is no inflation for bitcoin. 6. Since your customers’ credit cards aren’t kept on your file server, you build a stronger bond with them. 7. You diversify the company by accepting investment from citizens in other countries, which helps offset economic fluctuations in the local region. This increases your revenue-generating potential and allows you to serve clients all around the world. 8. Users of digital currencies are more likely to favor and conduct business with companies that embrace bitcoin and other digital currencies. #### Future of Digital Currency Digital currencies would undoubtedly affect financial structures. According to the World Economic Forum, 86 percent of the world’s central banks investigate the advantages and disadvantages of digital currencies in central banks. When institutional capital joins the market, some economists expect a significant shift in all forms of digital currencies. Some experts believe that what cryptocurrency requires is a validated exchange-traded fund. While an ETF would make things simpler for citizens to invest in bitcoin, there must also be a market for cryptocurrency, which will not be created automatically through a fund. The most important drawback of the future of these digital currencies is such as the possibility that a computer crash may wipe out one’s digital wealth or that a virtual vault may be ransack ed by a hacker, which can be solved in the future via technical advancements. What’s more difficult to deny is that the more famous they get, the more oversight and government surveillance they’ll face, eroding their value. #### **Frequently Asked Questions (FAQs) –** 1. **Is digital currency a good investment?** Investing in digital currency, including bitcoin and ether, is regarded as a “high-risk” venture. Cryptocurrency prices are inherently volatile; some may go bad, while still others can appreciate and have a good return for investors. Doing a good amount of research before investing is highly recommended. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Is bitcoin a good investment](https://blog.unocoin.com/is-bitcoin-a-good-investment/) **Published:** August 25, 2021 **Author:** Unocoin Growth **Content:** Purchasing bitcoin, like any other risky investment, comes with some well-known risks. Bitcoin has seen rapid price rises accompanied by painful price drops. Moreover, a single online hacking or hard drive crash might wipe out your entire bitcoin holdings with just a little recourse. With so much going around, it is very natural for you to ask — Is bitcoin a good investment? ![Is bitcoin a good investment](https://cdn-images-1.medium.com/max/800/1*7-sCvr3XaMZSBy75THsBkQ.jpeg)The following article will give you all the information that you require. It will also help you get the answer to your question. However, it is crucial to know that the idea of investing in bitcoin depends on your risk tolerance. ### Introduction Established by Satoshi Nakamoto, bitcoin debuted in 2008 and got launched in the succeeding year. It is finicky to describe bitcoin. It is a luxury to others. Some refer to it as virtual money. The most abstract concept of bitcoin, on the other hand, is as below: 1. It is software / a program. 2. Allows people to exchange money directly with others. Bitcoin is bizarre. It is a piece of software that gets distributed through a network of connected but separate computers. No single person has power over the system in this way. A central bank or a government cannot fix the value. Every bitcoin transaction remains registered in a public ledger as “The Blockchain.” It is accessible to everyone. The potential of bitcoin’s technology to avoid counterfeiting and hacking has earned it widespread acceptance. After its launch in January 2009, the currency’s database has never breached. Bitcoin has no economic value since it is nothing more than digits in a computer program. Just what another individual is willing to pay for decides its price. [**Unocoin**](https://unocoin.sng.link/Awg8j/16yn/rfft) is India’s most trusted trading centre for cryptocurrencies. You can exchange a range of digital assets on this secure and intuitive trading platform. You can purchase, sell, store, use and accept bitcoin from anyone. ### Is bitcoin a good investment? Following the final stabilisation of cryptocurrencies in early 2020, analysts forecast that, by the end of 2021, it will potentially rise to break the record of 2017. Not only did bitcoin at the end of the year cross this mark, but it also passed it multi-fold. By the end of February 2021, the price for 1 bitcoin was over $50,000. This means it is as precious as gold. The traditional currency value gets determined by a free market and the interests of the governments that issue such currencies. On the other hand, bitcoin’s worth is dictated purely by what investors are willing to pay. It’s a market dominated by emotion, and there’s no telling how high–or low–it can go. Bitcoin seems to be almost exclusively a speculative investment. There are several considerations to consider when determining whether or not to invest. The most important of these is what your financial objectives are. Its supporters have marketed it as an inflation hedge, similar to a modern form of gold, since its introduction in 2009. However, it has no history of doing so, and it’s unclear if it would be effective as part of a larger asset class like gold. Bitcoin does, however, have a lot of uncertainty. That would be very appealing to a specific type of investor. Bitcoin has been proved to be a profitable investment solely based on its price history. It had no worth in January 2009. Twelve years later, in February 2021, it broke the $50,000 barrier for the first time. According to Sathvik Vishwanath, CEO of Unocoin, India’s oldest cryptocurrency exchange, high-net-worth investors dipped their toes into cryptocurrency investing. The wealthy are getting more comfortable with cryptocurrencies as low-interest rates and global macroeconomic uncertainty weigh against their outperformance. ### Reasons to invest in bitcoin Let’s understand why is bitcoin a good investment. 1. The opportunity to benefit — Trading platforms play a huge part in making profits. These sites are not just marketplaces, but they have state-of-the-art AI systems that can assist with the most cost-effective selling of your bitcoin. 2. Huge Future Potential — Since the people receive it so well, many analysts agree how bitcoin will grow over time. In that era, governments will have a lot of public interest and no choice but to form an official payment method. Early investors will take the most advantage of these cases. 3. A highly volatile property — It goes fast up and down, so you can always find an “entry point” to buy bitcoin. In comparison to other properties, you don’t have to wait long for it to pass. At the same time, bitcoin is still volatile, as legitimised and common, prices do not fluctuate as quickly enough, helping it gain wider acceptance. 4. The trustworthy Cryptocurrency — Bitcoin also has the highest capital on the market, reflecting its trust in the market. Unlike Ethereum, the supply is small, the current and complete supply of which remains uncertain. Bitcoin was originally intended as a fully decentralised currency with a public directory. 5. Usage growth — Out of 1 million bitcoin users active on any single day, the total number of users rose from 45 million in Jan 2020 to 65 million in Jan 2021. In a year, that’s a huge 44% increase in the number of users! Do you not want to be on the speeding train and to leave the station? ### Advantages of bitcoin investments Bitcoin’s outstanding performance as a currency and investment has attracted both traditional and institutional investors. So, is bitcoin a good investment? Let us see. 1. Fluidity — Fluidity, or liquidity, is a term used to describe how liquid anything is. Thanks to the worldwide establishment of trading sites, exchanges, and online brokerages, bitcoin is currently one of the most liquid financial assets. With astonishingly low fees, you can easily exchange bitcoin for cash or commodities such as gold. Bitcoin’s financial leverage allows it an ideal investment opportunity if you’re searching for a fast profit. Thanks to their strong market demand, cryptocurrency transactions could be a great long-term investment. 2. Diverse opportunity — There are new possibilities. Bitcoin and cryptocurrency transactions are still in their infancy, with new currencies regularly joining the marketplace. This novelty brings with it unexpectedly elevated market swings and volatility that could result in profits. 3. Minimal Trading — Trading that is as simple as possible. The possession of a certificate or licence is required for stock trading. A broker is also needed when exchanging a company’s stock. On the other hand, bitcoin trading is simple. Simply buy or sell bitcoin on exchanges and store them in your wallet. Bitcoin transactions are instantaneous, unlike stock trading orders, which can take days or weeks to settle. 4. Reduced Probability of Inflation — That is right. The inflation risk is reduced. Unlike many other currencies administered by authorities, bitcoin is resilient to inflation. Since the blockchain system is infinite, there’s no need to be worried about cryptos losing value. ### Disadvantages of bitcoin investments Bitcoin may be the future of money exchange, but you also should\* know the concerns about cryptocurrency investment. It is equally essential. Some significant risks related to bitcoin investments are present. 1. Longevity — Bitcoin’s prices are still up and down. If on December 17, 2017, you bought bitcoin, the price was $20,000. You couldn’t sell it for more than $7,051 a few weeks later. The market in bitcoin is changing all the time. You cannot get a good return on your investment in such a volatile marke t. Keep a close eye on the business to prevent significant losses. 2. Fear of getting hacked or scammed — The main threat a bitcoin investor is to get hammered or scammed. You can buy and sell your cryptos through a mobile app or a website via bitcoin exchange. It allows them to hack and steal all of your investment. And the FDIC is not insured by bitcoin owned on transfers. 3. Limited or no security — At present, there are no big controls on the bitcoin industry. It is not taxed, and governments do not clearly understand it. It will allow you to be exposed to fraud and misconduct. 4. Restricted application — Only a few online retailers are currently accepting bitcoin. Many businesses still don’t take bitcoin as a legal exchange that makes it an inventory. 5. Possibility of losing wallets — You will lose your bitcoin if your hard disc crashes or a virus corrupts your wallet file. You may leave being a rich investor without a way to recover your funds. ### Final Verdict — Is bitcoin a good investment? In this hyped-up economy, price instability is not everything you need to be concerned about. Because bitcoin exists largely outside government control, it poses more danger to government monies and other asset classes than to deal with. However, it is not difficult to sell or buy, and you can only purchase a small quantity. In the short term, you will make gains or lose heavily when the value fluctuates. Understand that bitcoin is a very modern technology, and future-oriented individuals do not know their destiny. When investing in bitcoin, use the principle of “buyer’s risk.” It is reasonable to buy low and sell high while trading — but bitcoin is hard to value. The payment of dividends from many stocks and bonds is unpredictable and lacking. Offer and demand can be one of the most significant variables to assess. There is no yes or no to it. Consider it as a risk-to-reward profile and do your homework before you buy when you think bitcoin is a successful investment. ### Frequently Asked Questions (FAQs) 1. What is the minimum investment in bitcoin? Bitcoin can be purchased in India on Unocoin for as little as ₹100. 2\. How much money can you make mining bitcoin per day? The block reward for bitcoin miners will be 6.25 bitcoin in 2021 (since the halving in May 2020). You, as a miner, will earn a block reward of 6.25 bitcoin (plus transaction fees) if you are successful in mining a single block of bitcoin’s blockchain up until the next bitcoin halving in 2024. Since then the remuneration will be halved to 3.125 bitcoin per block. 3\. Are bitcoin investments liquid? The capacity of an asset to be transformed into cash on demand is one way to define liquidity. Since they are traded on most of the world’s exchanges, well-known and large-market-cap cryptocurrencies like bitcoin and ethereum enjoy strong liquidity. In other words, yes, bitcoin investments are liquid. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How is crypto different from the stock market?](https://blog.unocoin.com/how-is-crypto-different-from-the-stock-market/) **Published:** August 28, 2021 **Author:** Unocoin Growth **Content:** If 2020 is for COVID, 2021 is for finance. After the pandemic hit the entire world economy, people started to search for alternate sources of income, as many lost their jobs. Many turn to the stock market and cryptocurrency for investment. Even though the world economy has fallen hugely due to the pandemic, the stock market and crypto market are experiencing an All-Time High (ATH). The government has been printing money for stimulus packages and people have been investing the money into stock and crypto, hoping for a great return. As many look into the stock and crypto market as investment vehicles, let’s try to understand the differences and see why the crypto market is the future of investment. ![How is crypto different from the stock market?](https://cdn-images-1.medium.com/max/800/1*_2ag_jHHVFFBXSdtifb3kg.jpeg)### In crypto, you are investing in networks and concepts while in the stock market you are investing in specific companies When you buy stocks or bonds, you are investing in that particular company, hoping that the price of the stock will go up in the future. Your investment will only grow if the company grows. Examples of stocks in India’s BSE and NSE markets are Reliance, Axis Bank, SBI, L&T, etc. By holding the stocks of a company, you have the voting right for the company’s decision-making. On the other hand, when you buy cryptos, you are investing in networks and concepts. For example, when you buy bitcoin, you are investing in bitcoin networks and the monetary concept of bitcoin. There is no one company or set of people responsible for your investment results, as cryptocurrencies are decentralized and controlled by no companies or governments. ### You own some percentage of shares in stock, in crypto you hold speculative assets like gold When you buy stock or bonds of the company, you officially own some percentage of ownership of the company. When you buy shares of Reliance, you also own some percentage of Reliance. If the company makes profits, you also share that profit, and if the company makes losses, you bear the losses. In the case of crypto, you are buying some speculative assets like gold. For example, you buy bitcoin expecting that the prices will rise in the future. ### Investing in crypto involves high-risk high reward, stock investment is less risky Both the stock market and crypto function on the simple economic theory of supply and demand. Since the start of 2021, DOGE, a meme coin created for fun, has given a return of more than 16,000 per cent gain by earlier May, yet some 70 per cent by mid-July. As you can see, crypto is unpredictable and anything can happen in crypto. While in the stock market, to gain more than 1000 per cent, you might have to wait for 10 years. One thing to understand here is that the crypto market is traded from all over the world at all the time. All of a sudden the prices can be at an All-Time High and might also lose all of it in the next hours. The stock market is less volatile and less risky as there are lesser factors influencing the stock price. Sometimes, what can be made in the stock market in 10 years, you be made in crypto in just 10 months(or weeks)! ### Cryptocurrency like bitcoin is decentralized and distributed while stock markets like BSE are centralized One of the important aspects as to why cryptocurrency like bitcoin is disruptive to the traditional monetary system is because it is decentralized and distributed, unlike the stock market which is centralized and concentrated mostly to one country. Bitcoin and most cryptocurrencies are not controlled by any corporation or government because their networks are spread across the world, where anybody with an internet connection can access them. Stock markets like BSE or NSE are centralized bodies facilitating trade mostly for the citizens of the country and not for the whole world. ### Crypto can be traded peer-to-peer without intermediaries, stock can only be traded with license brokers You can buy crypto peer-to-peer without needing any intermediaries. In India, due to government compliance, it is recommended to buy crypto through an exchange like Unocoin: India’s first bitcoin and crypto exchange. After completing your KYC verification, you can buy major trading coins like bitcoin, ethereum, litecoin, and many more. In the stock market, you can only buy company shares from license brokers. ### Crypto Market runs 24\*7 for 365 days, stock markets are open only from Monday-Friday Since cryptocurrencies are decentralized, they keep running 24\*7 for 365 days with no holidays or week offs. While on the stock market, it is open only from Monday till Friday from 9:30–4 PM and is off on government holidays. This makes crypto much more active and volatile. ### No matter which you choose as your investment vehicle, crypto appears to be the future The world is moving ahead. Information is getting distributed and education is now open source. Our monetary system is heading towards decentralization. Our modern days’ banking has become inefficient and our monetary policies only favour certain sections of the business class. Crypto is an answer to our modern days’ financial banking problem. From an investment perspective, you can choose any investment vehicle, but many say that choosing crypto today is like buying gold in the 17th century. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin .com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Ripple?](https://blog.unocoin.com/what-is-ripple/) **Published:** August 31, 2021 **Author:** Unocoin Growth **Content:** In this blog, readers will understand the proper functioning of Ripple (what is Ripple and how does it work), the difference between what is Ripple and what is Ripple as a cryptocurrency, incorporating it into their lives to make and receive various transactions. Some FAQs have also been answered at the end. #### Introduction Ripple is a real-time, gross settlement system, a currency exchange network, and a remittance network developed by Ripple Labs Inc. which is a technology firm headquartered in the United States. ![What is Ripple?](https://cdn-images-1.medium.com/max/800/1*cnN-glGxEYPYu03MJgjMaw.jpeg)Ripple is a distributed open-source protocol, supporting tokens that contain fiat money, bitcoin, commodities, or other units of value such as frequent flier miles or cell minutes. It was founded in 2012 and is built on an open-source distributed protocol. To a layperson, all this may sound too technical, and he may still wonder what is Ripple? To put it simply Ripple is both a blockchain and a wireless payment network for transfers. Chris Larsen and Jed McCaleb co-founded it, and it was first published in 2012. The coin is pre-mined and is called XRP. Ripple’s digital payment protocol is more well-known than its cryptocurrency, XRP. Ripple is a peer-to-peer, decentralised, open-source network that allows for the smooth transfer of money in any form, including USD, Yen, Litecoin, and bitcoin. [Unocoin](https://unocoin.sng.link/Awg8j/ebxl/2syf) is India’s first foray into the bitcoin and Crypto domain, having launched in 2013. Unocoin is now India’s leading crypto company that enables Indians to buy, sell, store, use and accept bitcoin. XRP is listed in [Unocoin](https://unocoin.sng.link/Awg8j/ebxl/2syf) and available for trading. With the mobile user app launch, [Unocoin](https://unocoin.sng.link/Awg8j/ebxl/2syf) has made all this seamless and simpler than ever! #### What is Ripple? How does it work? Ripple is like any other blockchain network, except that it is not autonomous. It is protected by a network of validating servers and a ledger. Ripple’s internal database ensures client transfers. Ripple Labs, the parent firm, is in charge of coin distribution. Ripple’s greatest feature is that its trades aren’t restricted to its cryptocurrency, XRP. Ripple allows you to exchange any asset, even gold, as long as you can locate a facilitator that can complete the exchange. Here’s a quick rundown on how the Ripple blockchain works. People used payment agents to make deposits in ancient times where there were no banks. Let’s say you needed to give money to your cousin who lives in a different city. You’d first let him know you’re sending money and give him a password that he/she will use to receive the money. Then you’d call a transfer processor and hand over the funds as well as the password. The agent will take the money. He’ll then hand it over to another agent and instruct him to hand it over to the guy who knows the secret. Your money will be in the possession of your cousin in no time. When all of the agents have confidence in one another, the method works. Ripple’s agents are banks and investment firms. Its algorithm identifies a secure route for executing certain transactions and ensures that everything goes as planned. These agents are referred to as ‘gateways’ on Ripple. #### Benefits of XRP in payments Now that we are aware of what Ripple is, what Ripple cryptocurrency is and the difference between using Ripple in payments and as a cryptocurrency, let us learn more about the benefits of XRP in payments. The role of XRP in foreign markets is comparable to that of the United States dollar. The American Dollar (USD) serves as a bridge currency for certain foreign exchange deals and currency translations. It is especially helpful when converting currencies that aren’t widely traded on international markets. XRP transactions in xRapid have some benefits over those in Ripple’s other two offerings, xCurrent and xVia. XRP, according to Ripple CTO Stefan Thomas, is simpler and cheaper than other digital commodities, costing fractions of a penny and taking only three seconds per transaction. Another benefit of XRP is that banks can supply liquidity on-demand in real-time using XRP. Cryptocurrencies are drawing an increasing number of buyers, even though the industry is still unregulated in some countries. There is a lot of variety when it comes to cryptocurrencies. Bitcoin is perhaps the most well-known, but there are others, such as Ripple. In terms of the Ripple’s worth, it’s changing and has recently risen significantly in comparison to the dollar and Bitcoin. Ripple is one of the most well-known brands globally, but its recent success has perplexed some investors. **Is it wise to invest in Ripple XRP?** When it comes to Ripple price prediction, the investment forecasting platforms believe that the price of Ripple will experience a sequence of peaks and troughs over the next few months. **Difference between Bitcoin and Ripple** Although Bitcoin is a digital asset that can be used to buy and sell products and services, Ripple is a money settlement, currency swap, and remittance mechanism for banks and payment networks. The goal is to create a system for direct asset transfers (such as capital, gold, and other valuables) that settles in near real-time and is a cheaper, more transparent, and secure alternative to traditional transfer systems such as SWIFT Payment Systems. 1. **Both have mechanisms for verifying transfers.** Instead of using the blockchain mining concept to validate transactions, the Ripple network employs a unique mutual consensus system in which participating nodes vote to check the transaction’s validity. This allows for near-instant confirmations without the need for a central authority. As a result, XRP remains decentralised and outperforms all of its rivals in speed and reliability. It also means that, compared to Bitcoin, which is called an energy hog, the XRP consensus mechanism uses very little energy. **2. XRP is a cryptocurrency that is both cheaper and quicker than Bitcoin.** Bitcoin transaction confirmations can take many minutes and are associated with high transaction costs due to the difficult and intensive nature of mining used in cryptocurrency. XRP transfers are checked in seconds and have very low processing fees. XRP transfers are charged in the same way as bitcoin transactions are. A small amount of XRP is paid to the customer each time a transaction is completed on the Ripple network (individual or organisation). **3. There are more XRP coins on the market.** At the time of launch, approximately 1 billion XRP was pre-mined and eventually published into the market by the company’s major investors. On the other hand, Bitcoin has a circulation limit of 21 million coins, which means there can only be 21 million Bitcoin in nature. The artificial scarcity of BTC has sparked market curiosity in the currency’s future as a store of value. **4. The Circulation Mechanisms of XRP and Bitcoin are distinct.** When miners discover Bitcoin, they are released and connected to the network. They have no set release date, and their supply is largely determined by network speed and the complexity of the algorithm used to mine coins. A smart contract regulates the release of XRP. According to an in-built smart contract, Ripple is expected to unleash a limit of 1 billion XRP tokens every month; the total circulation is over 50 billion. Any XRP that is not used in a given month will be returned to an escrow account. This process means that an oversupply of XRP crypto coins will not lead to abuse, and it will be several years befor e all of the crypto coins are usable. #### Frequently Asked Questions (FAQs) 1. **Is XRP a Ripple?** We now know that XRP and Ripple are not synonymous terms. Ripple is a corporation that developed the Ripple Consensus Ledger, and XRP is a digital asset. Since Ripple holds so many XRP tokens, the value is inextricably linked to the stock price of the coin. **2. Do banks use Ripple?** Ripple claims to have partnered with over 300 financial institutions to provide real-time, low-cost cross-border payments. RippleNet allows banks to handle real-time cross-border transfers with end-to-end monitoring and certainty. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. 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You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Mining Pools](https://blog.unocoin.com/bitcoin-mining-pools/) **Published:** September 3, 2021 **Author:** Unocoin Growth **Content:** Bitcoin mining pools are a group of cryptocurrency miners who consolidate their computational resources on a public network. In this article, you will learn about various bitcoin mining pools and how one can start their journey in bitcoin mining. ![Bitcoin Mining Pools](https://cdn-images-1.medium.com/max/800/1*I6kxfrsg7GgHlo4B05ra9w.jpeg)Most individuals purchase bitcoin from crypto exchanges. Bitcoin mining usually takes place on the blockchain. This process of bitcoin mining gets carried out using advanced networks that solve complicated computational math issues. However, unlike the conventional mathematical equations, people performing bitcoin mining should solve these problems speedily. In addition, to earn bitcoin mining rewards, people must have exceptional computation ability and solve mathematical equations faster than other individuals. Also, apart from performing bitcoin mining individually, many traders now prefer joining bitcoin mining pools to gain better earnings. These bitcoin mining pools are a consolidation of computational resources and help bitcoin miners strengthen their odds of getting a bitcoin block or otherwise favourably mine for cryptocurrency. #### About Unocoin [Unocoin](https://unocoin.sng.link/Awg8j/ik0g/83jr) is the country’s leading bitcoin trading platform and holds the most extensive ecosystem of bitcoin dealers. It helps its clients to buy, sell, store, employ and accept bitcoin and other types of cryptocurrencies over the web portal or mobile application. Moreover, it presents OTC (Over The Counter) and bitcoin swap assistance. #### What are different bitcoin mining pools? The world’s most comprehensive bitcoin mining pools are established in China, and these pools together mine approximately 43% of all new bitcoin blocks. Choosing the appropriate bitcoin mining pool necessitates research, as a reliable mining pool can help you perform mining functions from any part across the globe. Also, you must ensure choosing a mining pool that operates on a server that is used globally and holds excellent customer support and feedback systems to get your queries resolved expeditiously. Mentioned hereunder are some of the most dependable cryptocurrency mining pools. #### Slush Pool Slush Pool is one of the most reputed free bitcoin mining pools working in this industry for more than a decade. It is a publicly available dynamic crypto mining pool and holds an eminence for being well-built and reliable. This bitcoin mining pool possesses an effortless sign-up process, and you can further generate a demo miner account to learn how this platform’s dashboard operates. Also, this platform holds two settings, one for novices and one for veteran miners. Moreover, Slush Pool likewise extends several features like device choice, preferences, and remote monitoring. #### ViaBTC ViaBTC is yet another one of the most exceptional free bitcoin mining pools that supports several cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Dash. This platform’s assistance stretches beyond the mining pool as it holds related products like cryptocurrency exchanges and ViaWallet. With a universal presence, ViaBTC presents steady and higher payouts for miners. #### AntPool AntPool is the most prominent bitcoin mining pool across the globe. It mines approximately 11% of all bitcoin blocks and its network operates around the world. AntPool flaunts a transcendent peer-to-peer bitcoin mining protocol that miners can link to their device during setup for a secure connection. #### BTC.com If you have heard of Bitcoin.com, BTC.com is a sister concern of the same company. Before beginning bitcoin mining, BTC.com was known for its unique bitcoin wallet. Mining in several countries like the US and Germany, BTC.com holds a medium-sized bitcoin mining pool that backs many other cryptocurrencies like Ethereum, Litecoin, and many more. #### KanoPool Founded in 2014, KanoPool is a medium-sized bitcoin mining pool holding low mining charges and an effortless setup process. Also, the registration at this platform is optional, and it only requires a username and BTC wallet address. The layout is simple, customer-friendly, and holds a comprehensive page carrying all the essential FAQ’s answers. #### Binance Pool Binance Pool is yet another bitcoin mining pool powered by the Binance exchange, one of the most extensive cryptocurrency exchanges in the world. Binance Pool is a forthcoming popular portal that mines approximately 9% of total blocks, currently. #### F2pool The reason behind F2pool is that a person can provide computing capability to find blocks. It is one of the best bitcoin mining pools and can be utilised for mining other cryptocurrencies as well. Moreover, F2pool supports more than 40 cryptocurrencies and extends live chat assistance to all its member miners. #### How do bitcoin mining pools work? Members in a mining pool individually add their processing power toward the purpose of finding a bitcoin block. If the mining pool gets successful in these applications, the miners receive a reward in bitcoin form or other associated cryptocurrencies. These earned rewards get shared between the people who contributed, as per the ratio of every person’s processing capability or performance relevant to the entire group. Also, in several cases, individual bitcoin miners must present their mining proof to get their rewards. Moreover, any person who aspires to earn a profit through bitcoin mining holds an option to either operate individually with their dedicated devices or to register into a mining pool where various miners and their devices consolidate to improve their bitcoin hashing output. #### How to join bitcoin mining pools? Bitcoin mining is usually a complicated method for all but the most specialised crypto users. While there are services that assist in making the process more comfortable for a person to get into, there are still several things that add to whether or not bitcoin mining will be a productive endeavour. This is why many miners prefer joining a bitcoin mining pool, as it helps them get better profits with reduced operational costs. Also, another most beneficial thing about bitcoin mining pools is that they enable people to start mining with any amount. Also, whether a person wishes to carry out mining for a hobby that may not even earn a profit, or they wish to operate various extensive mining machines at once to get some earnings, mining pools can get used either way. The method of joining a bitcoin mining pool requires programming mining software to focus its efforts on a specific bitcoin mining pool. Mentioned hereunder are some steps to join a bitcoin mining pool. Determine which pool you wish to join. Add the stratum location of the chosen mining pool to your mining software. Add the bitcoin wallet address you wish to deposit your mined coins. Configure your mining process for your favoured mining pool. #### What are the services offered by bitcoin mining pools? Bitcoin mining pools offer an array of services to their members. These mining pools enable people and smaller entities to mine bitcoin successfully and relish good income. Also, these pools prevent bitcoin mining from being entirely dominated by large corporations and promote bitcoin decentralisation. Apart from this, bitcoin mining pools themselves are a centralising force. However, since they are formed of several decentralised entities, they are much harder to dominate, and they must continually strive to present their members with higher earnings than other mining pools. #### What are the pros and cons of different bitcoin mining pools? While bitcoin mining pools increase the odds of profitability, they have some drawbacks as well. Mentioned hereunder are the pros and cons of different bitcoin mining pools listed above. #### 1. Slush Po ol **Pros** It is the world’s largest operating bitcoin mining pool. This platform has had hundreds of thousands of customers over the past few years. Slush Pool holds a striking interface and is easy to use for miners of all proficiency levels. It presents you with score-based mining, which limits you from being victimised by others. **Cons** The transaction fee to work at this mining pool is slightly overpriced compared to other websites. Once you quit mining on this interface, your user score runs down immediately. #### 2. ViaBTC **Pros** It has a highly established large pool of bitcoin and other crypto miners. ViaBTC is most well-known for its economic withdrawal charges. Transaction fees get included in the final payouts. **Cons** Customer support services need to get worked upon. #### 3. AntPool **Pros** AntPool comes with plenty of security alternatives, like two-factor authentication, digital wallet and email alerts to prevent you from fraud and data theft. Easy-to-use interface with earnings and bitcoin hash rate explicitly manifested. Multiple payout options to choose from. Multiple monetisation links and convenient mining services. **Cons** Transaction charges never get disclosed by this platform. Run and controlled by a centralised company (considered as a limitation for bitcoin maximalists). #### 4. BTC.com **Pros** Excellent customer support and high-grade security to safeguard your valuable data. No hidden transaction fees get charged by this platform. People can mine from any part of the world as this platform operates over the globe. **Cons** Final payouts come delayed. #### 5. KanoPool **Pros** This platform is well-known for its affordable transaction fees. There are no payout thresholds, and you can mine as many bitcoin as you want. **Cons** The website interface is not at all user-friendly. This platform supports only bitcoin and no other cryptocurrency. #### 6. Binance Pool **Pros** A universal network that allows people to mine bitcoin from any part of the world. User-friendly website interface for a quick interface. Excellent customer support. **Cons** The transaction fee is a bit higher than other competing platforms. Payouts come after a long time. #### 7. F2 Pool **Pros** This bitcoin mining pool holds approximately a decade of experience in this industry. The registration or sign-up process is simple, and the confirmation process is expeditious. This universal mining pool enables its members to mine bitcoin, ZCash and Litecoin. Miners can get regular payouts, and the bitcoin mining threshold is pretty low. **Cons** This bitcoin mining pool charges a 4% transaction fee which is higher than many mining pools. User account will be deactivated if it is left idle for a long time. To sum up, we can say that bitcoin mining pools present a way for various smaller miners to come together and consolidate their bitcoin hashing power. Due to this mining at a higher hash, this mining benefits every member in the miner pool. However, you must note that this bitcoin mining can only be profitable when you have the right mining pool and the required mining hardware to get a great deal on power prices. Hence, we can say that joining a bitcoin mining pool is the rational thing to do if you aspire to make money mining bitcoin. Also, as you know, bitcoin mining pools differ in size, fees and payment methods, it would be most helpful to join an established pool if you wish to gain some experience. Once you think you know the process, you can optimise your profits by joining smaller or low-fee mining pools. #### Frequently Asked Questions (FAQs) **1. How many bitcoin mining pools are there?** Bitcoin mining pools enable individual miners to combine their mining resources with different miners to increase their odds of mining a block and acquiring more bitcoin. At present, there are a total of 15 well known mining pools differing in size, transaction fees and payment method. These known mining pools are BTC.com, AntPool, Poolin, F2pool, Lubian, 1Thash, Huobi, Viabtc, Slush, Okex, Nova, Binance, Spider, Bitcoin.com, and Ukrpool. **2. Can you mine bitcoin without a pool?** When speaking of ways to mine a bitcoin, you can mine solo without a pool. However, since the difficulty of the networks is pretty high, many people prefer mining bitcoin by joining pools. This helps them make better profits and further reduce their competition to become more successful in the mining operations. **3. Which mining pool is most profitable?** A bitcoin mining pool offers people higher chances of mining bitcoin successfully, as when you mine bitcoin alone, it might take years to find a block. While there are many different bitcoin mining pools operational in the market with their own set of merits and demerits, SlushPool and AntPool are two of the best and the most profitable mining pools. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Why is bitcoin valuable?](https://blog.unocoin.com/why-is-bitcoin-valuable/) **Published:** September 8, 2021 **Author:** Unocoin Growth **Content:** Bitcoin and other online currencies are now getting promoted as alternatives to fiat money across the world. Are you one of those who keep wondering what makes any currency valuable? This article for you, keep reading to find out why is bitcoin valuable and what are its different features. Bitcoin is a peer-to-peer online currency that debuted in 2009. With it arrived a new era of cryptocurrency. Bitcoin is one of the most sought-after cryptocurrencies that presents an effective mechanism for transferring funds over the internet. It is regulated by a decentralised interface, equipped with a transparent set of practices, hence rendering an option to central bank-controlled fiat currency. Also, despite its tremendous volatility, bitcoin proceeds to draw attention from investors for its long-term history of creating and sustaining value. ![Why is bitcoin valuable](https://cdn-images-1.medium.com/max/800/1*gfSAAy-HPimwP1u6VAJa9w.jpeg)However, unlike stocks that hold a higher value due to their part control in a corporation, it becomes challenging to ascertain the value generated by this digital currency with such a brief history. This is why there is an ongoing debate about how to price this cryptocurrency, how the bitcoin price will look if used extensively, and the bitcoin price prediction. #### About Unocoin Established in the year 2013 as India’s premier corporation to deal with cryptocurrency, and more particularly bitcoin, [Unocoin](https://unocoin.sng.link/Awg8j/t4nm/svi1) is India’s first and leading crypto assets trading and blockchain company, which aims to grow as a global player in the realm of crypto assets. It extends an extensive purchasing, trading, and storing platform with an educational and interactive website along with a very user-friendly and dedicated mobile application to perform crypto trading on the go. #### What makes bitcoin valuable? Bitcoin got devised to provide a decentralised financial system open to all and offered to its users a monetary and exchange system of value, considerably more solid than the prevailing fiat money system. The bitcoin value is reliant on the assurance of its users and never gets constrained or controlled by any bank or financial institution. This is why the bitcoin price is so volatile. However, notwithstanding its volatile nature, investing in bitcoin holds exceptional prospects and many investors prefer trading in this cryptocurrency. Mentioned hereunder are some qualities that make bitcoin valuable. #### Scarcity The key to the sustenance of any currency’s price is its supply. A currency supply that is too extensive could make costs of goods increase, ending in economic collapse. Similarly, a currency supply that is too inadequate could also create financial difficulties. This concept of macroeconomics, known as Monetarism, intends to approach the role of the currency supply in the well-being and growth of an economy. Moreover, with fiat currencies, many governments across the globe continue to issue money as a method of regulating scarcity. In addition, as a part of their economic policies, the government holds a flexible command over the currency supply in circulation, making changes depending upon financial factors. However, you must note that this is not the case with bitcoin. The mining of bitcoin has now become scarce. No more bitcoin can be mined after 2140. As we know, scarcity drives a higher value, and it is no different in the case of bitcoin. Also, when the supply of this cryptocurrency reduces, it will likely cause a price increase. This is the reason investors will witness a lot of value in bitcoin’s scarcity. This bitcoin’s scarcity has further pointed to the inception of the famous Stock to Flow model. The stock to flow model strives to foretell bitcoin’s expected price based upon its mining per year and the cumulative stock. Also, as per this model, the principal driving force in bitcoin’s value is its scarcity. #### Divisibility Prosperous currencies are separable into smaller incremental parts. For a sole currency system to operate as a means of exchange across all types of values and goods within a marketplace, it must possess the versatility correlated with this divisibility. The currency must further be adequately divisible to perfectly emulate the value of each service or good available throughout the economy. When speaking of bitcoin, 21 million bitcoin are vastly more diminutive than the apportionment of most fiat money across the globe. Luckily, bitcoin can get divided up to eight decimal points, and the smallest unit, known as a Satoshi, equals 0.00000001 bitcoin. This provides for quadrillions of singular units of bitcoin Satoshis to get disseminated throughout a universal economy. Moreover, you must understand that one bitcoin possesses a much larger extent of divisibility compared to the U.S. dollar and all other fiat currencies. It is this higher divisibility that makes bitcoin scarce, and if the bitcoin continues to witness a price rise, even investors with a tiny fraction of a bitcoin would also be able to take part in the routine transactions. #### Utility For any currency to be efficient, it must have some utility. By utility, we mean the people’s ability to exchange currency units for services and goods reliably. This is a principal reason why currencies get formed in the first place so that the market participants could bypass the goods barter. This utility is another feature that makes bitcoin most valuable. One of the most prominent selling points of bitcoin is its utilisation of blockchain technology. For those who do not know, blockchain is a divided ledger method that is trustless and decentralized. By trustless ledger system, it implies that no people engaging in the bitcoin market require to place trust in one another for the system to operate accurately. This is possible because of an elaborate arrangement of inspections and confirmations which is fundamental for blockchain ledger maintenance and new bitcoin mining. In addition, blockchain technology flexibility implies that it holds utility outside of the cryptocurrency range. #### Transportability Every currency must get quickly conveyed between members in an economy to be beneficial. In the context of fiat currency, this implies that currency units must get exchangeable within a particular country’s marketplace and amidst nations through an exchange. Also, when speaking in terms of bitcoin, this cryptocurrency can get readily transferred between its members, regardless of its transaction size with crypto exchanges, wallets, and other instruments, at pretty economical costs. In addition, transferability is a considerably significant aspect of any currency as this method of transferring funds in the prevailing system can take up to several days and charge higher fees. On the other hand, it might take enormous amounts of power to mine bitcoin and maintain the blockchain. The transportability of bitcoin is most convenient. In addition, people can save themselves from the hassles of retaining funds physically as they do not usually contain any physical copy of bitcoin in the process. ### Durability Durability is yet another element of currency, and for every currency to perform effectively, it must be durable. Notes or coins made out of supplies that can quickly get mutilated, vitiated, or destroyed, or deteriorate over time to the point of getting unusable, are not adequate. This was the principal reason why many digital currencies came into existence. Also, this is the very reason for the widespread popularity of bitcoin and other cryptocurrencies. Moreover, bitcoin cannot get destroyed in the equivalent way that a dollar bill or other paper currency might get. Furthermore, another most prominent advantage of why is bitcoin valuable is that technically it can never get lost. Although, if users or traders m isplace their cryptographic code, the bitcoin in the identical wallet may get adequately unused permanently without actually destroying the bitcoin, and they will remain to exist in the blockchain records. #### Counterfeitability Just like a currency needs to be durable to remain effective, it must also remain non-counterfeited to retain its value. Also, a currency that can readily get counterfeited by malicious people would intrude on the economic system by engulfing it with fraudulent money, adversely influencing the currency’s price. Hence, to overcome this problem, digital currencies got instituted and this is the reason why is bitcoin valuable. Since bitcoin hold a decentralised, complex blockchain ledger system, it is quite challenging to counterfeit this cryptocurrency. Also, scammers attempting to counterfeit would typically need to confuse all the complex networks and is next to impossible. The sole means that a person can build a forged bitcoin would be by administering a process known as double-spending. This method of double spending is essentially a situation in which a person spends or conveys the corresponding bitcoin in two or more distinguished settings, efficiently generating a duplicate document. While this is not a common problem with a fiat currency bill, it is unlikely to use the corresponding currency in two or more varied transactions, and it is reasonable only with digital currencies. However, you must note that the gigantic size of the bitcoin network makes the process of double-spending unlikely. Also, to foster this attack, the person should have 51% of the total blockchain network power. Moreover, to manage a majority of all system power and control the rest of the network to forge records would require an unusual amount of work, capital, and computing capability, thereby rendering the probability extremely unpropitious. #### The bottom line Even after having all the above features, there is, regrettably, no solid and expert explanation as to why is bitcoin valuable. This widely prevalent cryptocurrency possesses the principal aspects of various worthy assets, valuable metals and fiat currency, but it still doesn’t fit into a quickly identifiable position. Moreover, bitcoin functions like cash without government support and holds scarcity similar to a commodity even in its digital form. Also, a lack of general knowledge and misconceptions lead people to ask whether bitcoin holds any value at all. With terms such as “scam” used, it is apparent to recognise that some individuals still own groundless suspicions. However, eventually, bitcoin operates on a highly reliable network, and this digital currency holds a substantial amount of value placed on it by its investors, community, and dealers. #### Frequently Asked Questions (FAQs) **1. Why is bitcoin more valuable than other cryptocurrencies?** Bitcoin is not only more profitable than physical currencies but over other cryptocurrencies as well. This is because this digital currency holds a better store of value and is more stable than its other counterparts. You must further understand that one bitcoin possesses more value than one coin of any other cryptocurrency, and this is the reason for its widespread popularity. Also, bitcoin is one of the influential players in the market with the highest liquidity and is deemed to be the most reliable and stable form of cryptocurrency. **2. What is an alternative to bitcoin?** While earlier bitcoin was the only cryptocurrency prevalent in the market, various other digital currencies have now emerged as an alternative to bitcoin. Also, when speaking of the most reliable bitcoin alternatives, ethereum (ether) is the leading name gaining a lot of popularity in modern times. Ethereum blockchain refers to a software platform and a programming language and operating interface that works on the blockchain. Also, apart from ethereum, various cryptocurrencies such as Cardano, solana, and litecoin have bestowed assuring potential as greener options to bitcoin. **3. What is the best cryptocurrency to buy?** In the present times, both Bitcoin and Ethereum are amongst the highest-trading digital currencies across the globe, with an extensive rush in Bitcoin and Ethereum rates and demand. Even though both Ethereum and Bitcoin can get employed as a substitute to present fiat currency, Bitcoin is, in actuality, an alternative currency. Apart from this, bitcoin, since its inception has shown tremendous growth and several people have gained higher returns by investing in bitcoin. Similarly, after its launch in the year 2015, ethereum also gained popularity. Moreover, due to its tremendous performance and advanced blockchain technology, many experts making ethereum and bitcoin price predictions say that ethereum will outshine bitcoin by the end of the year 2021. However, this does not imply that bitcoin will lose its charm. Hence, we can assuredly say that bitcoin and ethereum are the two most beneficial cryptocurrencies to purchase in 2021. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** https://www.facebook.com/unocoin/ - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Bitcoin Cash?](https://blog.unocoin.com/what-is-bitcoin-cash/) **Published:** September 11, 2021 **Author:** Unocoin Growth **Content:** Just like conventional bitcoin, bitcoin cash is a decentralised peer-to-peer computerised payment method that does not depend on any central administration like financial institutions or a government. Keep scrolling below to find out more on **what’s bitcoin cash** and what is **bitcoin cash used for** in the crypto market. ![What’s Bitcoin Cash](https://cdn-images-1.medium.com/max/800/1*WqNK6nIsDWwdOy3HA_Ow-Q.jpeg)Bitcoin cash, popularly known as BCH, is a digital currency that shares similar characteristics as Bitcoin (BTC). However, despite the similarities between the two, bitcoin cash is different from the original bitcoin due to several features and attributes that classify them. Various crypto experts claim that the motive behind creating bitcoin cash is to build a peer-to-peer blockchain and cryptocurrency exchange. This bitcoin cash enables users to enhance the size of the blocks and help them make the transactions comfortably. #### ***About Unocoin*** [Unocoin](https://unocoin.sng.link/Awg8j/tngo/mthy) is India’s most esteemed bitcoin trading platform and is the most comprehensive ecosystem of bitcoin dealers in the present times. This crypto trading platform has evolved into one of the most prolific Bitcoin and Ethereum platforms and administers more trustworthy services. [Unocoin](https://unocoin.sng.link/Awg8j/tngo/mthy) believes in continuously rendering the most exceptional services, which is the most dependable means to thrive in this industry. This is why Unocoin continues to improve their services and are dedicated to delivering[ ](https://unocoin.sng.link/Awg8j/tngo/mthy)the best. #### ***How did bitcoin cash start?*** BCH (bitcoin cash) was created through the joint effort of mining users and developers. The developers were worried about the currency’s ability to grow in the future and its ability to scale. However, the developers had many doubts regarding the selection of SegWit2x. The creators thought that the SegWit2x (segregated witness technology) did not address the scalability issues and did not follow the blueprint made by the bitcoin creator Satoshi Nakomoto. Moreover, the process of implementing segregated witness technology as the future of bitcoin was not completely transparent. There were concerns that the implementation would endanger the decentralisation and democratisation of the cryptocurrency. In August 2017, the users and developers created a hard fork that resulted in the formulation of a new currency known as BCH (Bitcoin Cash). BCH or Bitcoin cash has further introduced up to a 32 MB block size to expedite the registration process and an adjustable degree of difficulty to guarantee the survival of the currency and payment validation speed, regardless of the number of users mining the currency. Bitcoin cash can process transactions faster than bitcoin that results in lower waiting time and transaction fees. Also, the bitcoin cash network has a much higher transaction rate when compared to the bitcoin network. However, the fast verification time has some drawbacks, as the block size associated with BCH possesses a higher risk of jeopardising security when compared to the bitcoin network. Bitcoin remains the most famous cryptocurrency worldwide and consists of the largest market capitalisation among other currencies. Also, users of BCH may come to know that the volatility and usability of bitcoin cash are less than that of bitcoin. #### ***How does bitcoin cash work?*** Bitcoin cash consists of a larger block up to 32 times larger than the block size of bitcoin. It helps in speeding up the transaction process. The transactions are very fast, which assists people in using bitcoin cash to make small payments like buying groceries. However, when purchasing a vehicle or a house, it is recommended to go with a more secure currency like bitcoin. The bitcoin cash and bitcoin serves a different purpose. Not every cryptocurrency must get used as a source of value. Also, cryptocurrencies do not need to process data rapidly to compete with the speed of a credit card. Ultimately, bitcoin cash is quicker and has a cheaper processing fee than bitcoin. However, the employment of bitcoin cash is not much because cryptocurrency payments are still in their initial stages. Most experts believe that increased exposure and continuous technological advancements will help bitcoin cash (BCH) become a leader in online payments in the future. #### ***How to buy bitcoin cash?*** Even though Bitcoin Cash is among the highest market cap currencies, not every major crypto exchange supports it. Moreover, you should keep in mind that before you trade in bitcoin cash, the crypto exchanges will require you to go through a rigorous and meticulous method of proving your identity. Also, to deposit or withdraw the funds, you must first link your bank account to the exchange’s withdrawal mechanism. It will take several hours if not days to complete the identification process and verification of the bank account. Most exchanges allow transactions only via bank fund transfer. This transaction can take up to three business days to complete due to security reasons. Some websites even accept credit and debit card transactions, and in the case of bitcoin, some even allow payments via PayPal transactions. Every exchange charge is different for various transactions. Some websites charge a predetermined amount whereas, some calculate the amount for every trade simultaneously. The transaction speed will also vary depending on different websites. When it comes to bitcoin cash, the payment options are fast and, the withdrawal system is instantaneous. Ultimately, always keep in mind to keep your money and trades safe in **a self custody bitcoin wallet**. Moreover, always trade on reputable crypto websites that hold positive customer reviews and ensure the funds are safe and secure. #### ***How is bitcoin cash mined?*** BCH (Bitcoin Cash) mining works on three essential components: a dedicated mining structure, known as a mining rig, a bitcoin cash mining pool that performs all the lifting, a **bitcoin cash wallet** for accumulating the bonus and a robust foundation to perform your mining processes. Also, bitcoin cash (BCH) operates on the (PoW) proof-of-work consent mechanism to mine the restricted quantity of 21 million bitcoin cash. This mining of bitcoin cash is foundational to the subsistence of the cryptocurrency economy. Although mining is closely associated with earning rewards in the form of crypto payment, the operation is responsible for maintaining the credibility of the financial system. There are several methods to earn cryptocurrency and simply like other higher-performing assets, you can accomplish bitcoin cash mining by yourself. However, before starting bitcoin cash mining, keep in mind some of these significant factors. - **Understand the bitcoin cash ecosystem** Miners are an indispensable component of the crypto ecosystem and are accountable for verifying every transaction moving through the blockchain. When you transfer bitcoin cash to another wallet location, the technology demands miners to solve elaborate mathematical equations and verify the legitimacy of every transaction application. Also, to solve these equations, you will require advanced computers (mining rigs) and must solve problems before other people to earn your rewards and mine successfully. - **Identify the overhead expenses** Bitcoin cash mining is a business, and hence you need to ensure that the costs to operate your mining services are less than the bonuses you are expecting to earn along the way. This is why you must start ma king calculations concerning the **bitcoin cash price** and cost of mining operations such as utility expenses, manpower, space, and many more to determine the exact overhead cost and projected earnings. Apart from this, you can also use several bitcoin cash profitability calculators to ascertain the hash rate, which is customarily an implication of the power needed to mine a block successfully. - **Build a mining setup and start mining** Now that you have understood and calculated the overhead expenses required to mine bitcoin cash, you can build your mining setup to perform actual mining. To build this setup, you will require mining hardware depending on your pocket size. Also, several websites allow you to configure your mining set up according to your budget and electricity costs. Once you get done by setting up your mining, you can move ahead and start your bitcoin cash mining. Furthermore, apart from mining your bitcoin cash individually, you can also join a mining pool that can help you earn better revenues and boost your odds of getting more bitcoin cash. #### ***What factors affect bitcoin cash price?*** Bitcoin cash has grown immensely popular in present times. However, before trading in bitcoin cash, you must be aware of **bitcoin cash price** and the factors that influence its price. Listed hereunder are some factors that influence the bitcoin cash price. **1. Scalability difficulties with bitcoin:** Bitcoin cash was generated from a bitcoin hard fork to serves as a substitute for some slow performance issues witnessed by bitcoin. Also, if bitcoin remains to witness challenges with its scalability, bitcoin cash price will see a positive impact. **2. Regulation:** Bitcoin cash is presently uncontrolled by both governments and financial institutions. However, there are speculations that this would change in some time and impact its price. Moreover, there are odds that these government regulations will help control the bitcoin cash price by either increasing or decreasing it. **3. Competition:** Bitcoin cash is in a neck to neck competition with bitcoin and other cryptocurrencies. Due to this increased competition, the popularity of bitcoin cash gets limited and this further impacts its price. **4. Adoption:** At present, bitcoin cash has not been extensively embraced by corporations or customers as a payment mode. However, some traders recognise the potential in blockchain technology and believe this could grow more widely utilised in the coming times. #### ***Why trade bitcoin cash with the CMC market?*** By trading Bitcoin Cash in CMC markets, you can readily market your bitcoin cash through a CFD (contract for difference) account. This enables you to speculate on bitcoin cash price alterations without holding the original cryptocurrency. Also, when trading bitcoin cash with the CMC market, you never gain ownership of the cryptocurrency. Rather, you are starting a trade that will rise or decline in value depending on its price action against the dollar. In addition to this, CFD accounts are leveraged outputs. This implies you only require to invest a percentage of the cumulative value of a trade-in opening a trade position. Furthermore, there is no need to place all your funds collectively for buying bitcoin cash, and you can just utilise your primary deposit to get higher trading amounts. Mentioned hereunder are some reasons why you must trade in bitcoin cash with CMC markets. - **Start a short or long position** CFD accounts while trading bitcoin cash via the CMC market enable you in trading on both growing and declining prices. Also, you ought not to own bitcoin cash to perform trading, which is not likely in the case of other cryptocurrency exchanges. - **Effective use of funds** Leveraged trading implies that traders only invest a small portion of the cumulative value for trading in the CMC market. On the other hand, conventional cryptocurrency exchanges require you to deposit the entire value of the transaction. #### ***Final Words*** When speaking of the future of cryptocurrencies, Bitcoin Cash is unquestionably discovering its path in the market. While Bitcoin contains a huge share, much of that market will assuredly carry over to bitcoin cash as more traders accept this asset. Moreover, there is no denying that bitcoin cash is a much more affordable and faster network. #### ***Frequently Asked Questions (FAQs)*** **1. Does bitcoin cash have a future?** After looking at the bitcoin cash performance in recent years and its progress, and as per industry experts it holds a bright future in the crypto market. Also, its agility and affordability are constantly drawing the attention of more and more traders. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:< /strong> ** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Five things to know before investing in Bitcoin and Crypto for absolute beginners](https://blog.unocoin.com/five-things-to-know-before-investing-in-bitcoin-and-crypto-for-absolute-beginners/) **Published:** September 14, 2021 **Author:** Unocoin Growth **Content:** ![](https://cdn-images-1.medium.com/max/800/1*7YmqO430oYHL34V216tWpg.jpeg)The year 2020 was tough for everyone and 2021 is even worse for some, as the second wave of COVID-19 hit the country so badly. The economy is still yet to recover. Businesses, especially retail, offline services, hotels, and tourism are still struggling. People who have lost their job and source of income realize the importance of having an investment. Even when our schools and colleges are still shut and events are closed, there is one thing that is making a loud noise. The financial market is making a crazy and dramatic run. You have probably heard of how people are making huge returns from the stock market and crypto. You have seen the news that ultra-rich people are adding billions to their net worth, a random guy making his first million or even billion in lockdown and you are probably wondering how you can also do the same. Whether you are in your early 20s or your 30s you have this crazy idea of retiring early and pursuing your passions. You have bigger goals and ambitions but you need money. Also, you indeed need money to make money. While you are searching for ways to make money, you have heard of bitcoin and crypto, you have also seen your favourite celebrities posting about bitcoin or even dogecoin. Before you put your hard-earned money into this so-called ‘Bitcoin- The new digital gold’, let us tell you five things to know before investing in bitcoin and any other cryptocurrency. Here, we will emphasize more on bitcoin as it is the king of cryptocurrency and the first & only truly decentralized financial system. ### **Sometimes it’s better to seize the opportunity right away instead of wasting time thinking about it** ![](https://cdn-images-1.medium.com/max/800/1*5ox8v7yUu9jvQSJV-rVJDw.jpeg)In life, you are presented with many opportunities at many points in time. You often miss them not because you are incapable but because you overthink them. You experience doubt, confusion, and fear if the opportunity is right for you. Bitcoin has already proven itself over and over again. Once you buy some Satoshi, you will feel the concern of knowing more about it. You will want to know where you are putting your money into and this will push you to unveil the beauty and the wonder of bitcoin innovation. When you take too much time thinking if this is right for you, the market is moving on and you may miss some fun. ### **Bitcoin is universal, you don’t need to go to America anymore to become a millionaire** ![](https://cdn-images-1.medium.com/max/800/1*0zdoFNxmrRHxW7U8nstdRw.jpeg)Human civilization started more than 5000 thousand years ago and it has proven again and again that our very instinct has a desire for wealth and richness in all forms. The tool we have, money, has transformed our way of life for ages. To live rich in ancient times you either need to have been born to a royal family or you are born a great warrior. This is not the case anymore in our modern life. We live in a free society, in a humanist world that advocates a free-market economy, the right to vote. In the last century, everybody dreamed of America, where anybody can become rich and powerful. Today that American dream can be found everywhere. The world financial system is no more concentrated in New York or London, but it is right there on your smartphone. You have your bank which is operated and controlled by yourself. For the first time in human history, we have a monetary system where anyone in the world can participate in the economy. ### **Don’t get wrong, Bitcoin is not a get-rich-quick scheme** ![](https://cdn-images-1.medium.com/max/800/1*tD68psXh-xz7dcvp2tY3yA.jpeg)I got you. You are interested in bitcoin and crypto because you want to get rich, you want to make money quickly and Bitcoin has indeed become the best returning asset in the last decade. It is also true that you are attracted to bitcoin mostly because of its monetary gain. Well, there is nothing wrong with it. The returns bitcoin and crypto give you in one year will take more than ten years in the stock market. But, don’t get it wrong, bitcoin is NOT a get-rich-quick scheme. In one month you may see your asset with a 100 percent return and lose everything the next month. You will experience ups and downs along the way, you will hear lots of noises. FDU- Fear, Doubt, and Uncertainty will come before you. But what may come, remember to stick to the principle — to the foundation the bitcoin has laid down for you which is to be a truly decentralized financial system allowing fast and free transactions across the globe. ### **You don’t have to buy full one bitcoin, you can start with a fraction of it** ![](https://cdn-images-1.medium.com/max/800/1*ZazMNfcpOL9o4jPnwMbGEA.jpeg)Humans always have this thinking of getting into big things directly without getting the small things done. We always want a big job right out of college, big money for the first paycheck, setting up a big business without learning from small ones. The fact is we jump off the steps. There is always a saying, ‘there is no shortcut to success’, and this is true for bitcoin and crypto too. The truth is, this industry is very young and no one knows what the future holds. At the time of writing this, one bitcoin cost INR 34,09,233. But you can start as little as Rs 100 at [Unocoin](https://www.unocoin.com). To know more about how you can start small, we recommend you to read this blog which explains everything you need to know for buying bitcoin. Don’t[ buy bitcoin, Buy Satoshi](https://blog.unocoin.com/dont-buy-bitcoin-buy-satoshi-ec68da098cdb). You don’t have to be great to start, but you have to start to be great ~ Zig Ziglar. ### **The more you learn about bitcoin and crypto, the more you will benefit from it** ![](https://cdn-images-1.medium.com/max/800/1*4W2nQvcE6UXUB12RtTczlw.jpeg)Bitcoin started as the result of the failure of the modern financial system. Ironically, the bitcoin whitepaper, ‘Bitcoin: An electronic peer-to-peer cash transaction system’ was sent to a group on an email list exactly 45 days after the collapse of Lehman Brother, one of the famous banks in Wall Street, New York. If you connect the dot, there is something to learn from why bitcoin started. So, the more you learn about the traditional financial system, the more you will realize why you need bitcoin and crypto. Bitcoin is not only about money, it’s all about freedom and rights. Bitcoin is such a revolutionary innovation, the rich elite avoids it, institutions shun it, the bank and wall street dislike it. In conclusion, have patience and give time to your investment, be generous and share the wonderful opportunity of bitcoin with your circle and keep growing. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Recharge FASTag using bitcoins!](https://blog.unocoin.com/recharge-fastag-using-bitcoins/) **Published:** September 18, 2021 **Author:** Unocoin Growth **Content:** FASTag is an electronic toll collection system in India, operated by the National Highway Authority of India (NHAI). This collection system became mandatory from 1st January 2021. Many travellers, commuters and transporters switched to this new system of paying. For using the state and national highways, FASTag became popular for the following reasons: 1. There was no transactional cost to opt for FASTag 2. After demonetization people already moved to cashless transactions 3. Nobody likes to wait in long queues 4. No one has the time to search for cash and the exact amount to pay or collect the remaining balance 5. No one needs a paper-based toll receipt when everything is digital in this era 6. No one likes to promote physical engagement via cash during the pandemic 7. People can top up for their friends, family members, relatives, colleagues, etc 8. Topping up the FASTag account could be done using banks, internet banking, PayTM, UPI and directly online. The last point was one of the prominent factors in the adoption of FASTag. With the advancement seen in the way transactions are happening and also the acceptance of Bitcoin, Unocoin launched a feature to top up your FASTag using bitcoin. ![FASTag on Unocoin](https://cdn-images-1.medium.com/max/800/1*EA0M4vXwQesW7uTTHjqRPQ.jpeg)Yes! It is now happening on [Unocoin](https://unocoin.sng.link/Awg8j/bq4q/v42l). Let us see how you can top up your FASTag account. To start the process, you need to have bitcoin in your [Unocoin](https://unocoin.sng.link/Awg8j/bq4q/v42l) wallet. You can use the bitcoin that you had deposited into [Unocoin](https://unocoin.sng.link/Awg8j/bq4q/v42l) or purchased at Unocoin in the past. Then, go to the bitcoin tab or section in your app or on Unocoin.com and then head to the SHOP feature to see the FASTag tab. Once you click on FASTag, you will be required to choose the operators. From the drop-down, you can select any of the seventeen operators listed with Unocoin. Once done, you are required to enter the vehicle registration number and the amount you would like to top up your FASTag with. You can top up with a minimum amount of INR 100 to a maximum of INR 10,000 while making sure that you have enough bitcoin to cover it. Also, you can make any number of payments in a day. Finally, there is no transaction cost or charges for topping up FASTag with your HODLed bitcoin. Once you are done with topping up, you can see the transaction in the transaction history. This transaction row shows you the amount of bitcoin sold, the INR equivalent, the date and time of the transaction and also the rate of conversion. This information can be used for future reference. The whole process takes less than a minute and you can always put your bitcoin to work for you or your near ones. Are you ready to make your bitcoin run on roads via [Unocoin](https://unocoin.sng.link/Awg8j/bq4q/v42l)? [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [The BEST crypto trading platform comes with the NEW Android app](https://blog.unocoin.com/the-best-crypto-trading-platform-comes-with-the-new-android-app/) **Published:** September 20, 2021 **Author:** Unocoin Growth **Content:** ***Visibility and accessibility of popular features on the go are all you need in your crypto trading app.*** If you had invested INR 1000 in bitcoin in 2011, you would have a return of 9,00,01,000 by 2020. That is 9 crores! And if you had kept that INR 1000 in your savings account, you would be left with the purchasing power of only INR 250 by 2020. Thanks to inflation. That’s ridiculous, you say. Do you still want to wait and watch your friends getting involved in the new asset class of cryptocurrencies? What are you waiting for? Our world has become so connected and advanced that you can access any information you want from your smartphone. Think 30 years back. If you wanted to invest or trade in stocks, you needed to be on the stock market floor in Mumbai to do so. Now, you can trade just from your smartphone. The fact is, there are already lots of trading apps available in the market. Many of them are pretty good and doing their purpose. In a world where everybody claims to be the best, some fight to be the right ones because the best is not always the right one. At [Unocoin](https://unocoin.sng.link/Awg8j/0v9y/g2lj), we raise our bars — we evolve for our customers. We learn along the way, and hence, we have launched our newly developed android app which is completely redesigned, trading focused and user friendly. This will be followed by the launch of iOS app by the end of this month. Today we are not going to talk about just having the best for yourself, but also the one that is the rightmost for you. By right one we mean that gives you the right customization, the right look and feel, simple yet easy to understand, compact but more. With the new app, all you need for your bitcoin and crypto trading will be under your fingertips. ![The BEST crypto trading platform comes with the NEW Android app](https://cdn-images-1.medium.com/max/800/1*Pbu_A-ebmgJQQSrZ63qSiw.jpeg)Let’s dive in and explore Unocoin: India’s first and most secure crypto app and why it is right for you to trade bitcoin and crypto on this platform. 1. **Look and Feel** — Before you focus on anything, let’s set the room. On a trading platform, you will see a lot of numbers, decimals and figures. You are bound to see a lot of graphs, currency and symbols. All this is important information. No one wants to see a messy screen, scattered pages, and jumbled information. The very reason why Apple is successful with its products is because of Steve Jobs’s ideology of keeping things simple. Simple to design, simple to understand, and simple to use. At Unocoin, we understand that as modern-day humans we don’t have time to figure everything out and we cannot look at everything at once. We look and focus on the most important part of our life. Understanding the philosophy of design and human visual principle, we make sure to use the right colour combination, the right size, the layout of icons and their proper placement. To make everybody at ease using our new android trading app, we give them the freedom to customize the app with both light and dark mode themes. To make it easier for our users to understand and use, our designers use the right combination of text and keywords for each feature on each page. With effortless navigation tools, our users feel at ease navigating anywhere on the app and get their needs done. ![](https://cdn-images-1.medium.com/max/800/1*bupJfAnR9xH5FEIx-feZIw.jpeg)**2. Everything is in its right place** — Nobody wants to misplace things, we want things to be in order and make sure things are kept to where they should be. This is the very reason why we keep only the most important features on our homepage to keep you less disturbed and help focus more on the important component. We make sure the moment you look at our home page, affirmation comes in and that is why our latest industry updates are put on the top. We want all our users to know where they are at, track their investment status, keeping a tap to their portfolio and never miss on any major update or offer. That is why the wallet feature is placed right on the welcome screen showing a high visualization graph of your investment portfolio. For our users to see the real-time market prices of each cryptocurrency, we have Exchange next to Wallet, which can be maximized for detailed information. The Exchange shows the price variations in INR for the last 24 hours market. Likewise, just by navigating through the app, you will see how accurately everything is put together. ![](https://cdn-images-1.medium.com/max/800/1*nPAHsT50qBpewnuPGXgw8Q.jpeg)**3. Seamless INR deposit** — One thing every other crypto trading app struggles with is they don’t have a seamless INR deposit feature. At Unocoin, we understand the volatility of the market better than anyone. We know that time is everything in trading and that’s why we have a seamless and instant INR deposit feature. By navigating through the INR deposit page, customers can get different INR deposit options. Let your hassle for INR deposit be over for your bitcoin and crypto trading with Unocoin. ![](https://cdn-images-1.medium.com/max/800/1*m3H6dfD0C6A01dMrPACsMQ.jpeg)**4. Doing more with less** — The one reason everybody trades or invests is to gain a return. And it’s completely justified because if there is no return, it is pointless to let the effort go to waste. But do you know more than 80 per cent of the daily traders lost their money while the other 20 per cent made a huge return? How did they do it? Remember, unlike the stock market which is traded in only one particular country, crypto is traded all over the world and all-round the year with no break. The market is so huge, the trading volume is in billions if not trillions every hour. In such a market it is impossible to predict the flow of the market. At one point, the price can be hitting an All-Time-High and the next hour it can hit another low. At Unocoin, to help our users and customers understand how the market was(is) performing, we have collaborated with IntoTheBlock, a blockchain-based analysis that gives the report of each coin and the behaviour of the investors and traders. For example, this analysis gives information about the bearish and bullish case, market concentration, price correction, investors composition with their holding period and also suggests actionable proven market summary to our users. Instead of spending a lot of time reading news and researching, our users can get all the analysis for the entire crypto market at their end. Taking the right action from our analysis and reports can give users that extra edge in the market by making an intelligent decision. ![](https://cdn-images-1.medium.com/max/800/1*TbFrDza71ix3o03KVWRJiA.jpeg)**5. Trade more with time** — If you are into trade and investment for some time now, you have probably heard of this quote ‘Time in the market is greater than Timing the market’. This means, for the more time you put your money in the market for, the more return you get than trying to time the market with buying low and selling high strategies. The truth is, no one including the expert knows when is the best time to sell or buy. If someone knows that, he or she can make a fortune in a short period. To help our traders and investors, we have a feature called Systematic Buying Plan(SBP) which is not available in any other crypto exchange in India. SBP is an investment strategy to allocate your fund daily, weekly, or monthly over some time so that you can hedge the volatility of the market by averaging the price. Investors can highly benefit from this feature as the platform wi ll automate the execution once the plan is set. With Unocoin’s SBP, investors can trade more with time. To know more about how SBP works, you can find it [here](https://blog.unocoin.com/unsure-about-when-to-buy-bitcoin-start-with-unocoins-sbp-ba82dac43ce4). ![](https://cdn-images-1.medium.com/max/800/1*qCNJAPuVmvLTWZxRwvfebg.jpeg)There are yet many more exciting changes that the new application has in store for you. This market and this industry are still at the nascent stage. As the technology and the trend change, we make sure the changes only are in your favour. The new features will be explored and added to give our users the best experience. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Gold Vs Bitcoin — Race of the Decade](https://blog.unocoin.com/gold-vs-bitcoin-race-of-the-decade/) **Published:** September 25, 2021 **Author:** Unocoin Growth **Content:** Since the dramatic increase in the value of bitcoin in recent years, chief executives and analysts have started to consider the “Gold Vs Bitcoin” debate seriously. Therefore, this article will delve into the facts that both options have to offer the investors to determine if one is a better investment prospect than the other. #### Introduction As of late August 2021, bitcoin, commonly known as “Digital Gold”, holds a market capitalization value of[ $921.7 Billion](https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-prices-today-on-august-22-bitcoin-over-48000-7370451.html). Despite being completely virtual, this incredible value that bitcoin possesses is also the reason why the trading community calls it “21st Century Gold”. The emergence of bitcoin first took place in January of 2009 as a blockchain-based cryptocurrency. In less than a decade, there was an exponential rise in the value of bitcoin, and in a very short time, it became a source of interest to investors and large multinational enterprises like Tesla and others. While on the other hand, gold has always been perceived to be a haven asset, or in other words, a safer asset to invest in, compared to cryptocurrency. Investors often view gold this way since the value of gold is likely to experience extreme depreciation, unlike other options. Therefore, to responsibly make the gold vs bitcoin comparison, it will be advisable to consider certain aspects. ![Gold Vs Bitcoin — Race of the Decade](https://cdn-images-1.medium.com/max/800/1*-8Eg6hrsgrBv8MEUzUMTxQ.jpeg)#### About [Unocoin](https://unocoin.sng.link/Awg8j/i9dr/plrc) Looking for a trusted exchange to begin your trading journey? Look no further than [Unocoin](https://unocoin.sng.link/Awg8j/i9dr/plrc). It is one of the most trusted trading portals for every trader, be it bitcoin or otherwise. With a vast trading community of more than 1.37 million traders, [Unocoin](https://unocoin.sng.link/Awg8j/i9dr/plrc) will be the perfect place to maximize your profits. #### A Head-to-Head Comparison Between Gold Vs Bitcoin Deciding between investing in gold vs bitcoin will require one to analyze the following aspects of both assets. These aspects include: #### Transparency: Unlike other forms of assets, gold is much more transparent. This is because of two main attributes. Firstly, gold has been around for centuries, 5,000 years to be precise, and has cemented its place as a commodity that has significant value as one will see. The other attribute is that it has a much better system for trading in that it is heavily regulated. Therefore, aspects like weighing and tracking the movement of this asset are much more straightforward and transparent. In addition to this, the chances of the gold being fake is very low as there are several technologies one can use to validate its authenticity. Bitcoin, on the other hand, may not have the same transparency as gold. This is because of the lack of security measures that are in place to ensure that it is safe to invest. There are instances where bitcoin has suddenly disappeared after a disruption on exchange portals after they were no longer online. In addition to this, aspects like tracking bitcoin also become a hassle, as it is not possible to do it efficiently. In fact, in the words of former Bridgewater Associates CEO, Ray Dalio, gold possesses the ability to balance one’s portfolio as it is both “risk-reducing and return-enhancing” thanks to its transparency. #### Rarity: According to the creator of bitcoin, Satoshi Nakamoto, there is a limit to the number of bitcoin in circulation at present. That is, there are around 21 million available tokens. Therefore, a centralized institution like a bank or a government organization does not issue or distribute bitcoin. Bitcoin attains a further degree of a rarity as the bitcoin protocol states that bitcoin which is usually distributed as rewards to the individuals who verify transactions will be halved at regular intervals. As per popular perceptions, gold is a precious metal. Not only is this metal difficult to obtain through mining, but it is also in high demand, be it for ornamental value or other reasons. In other words, gold is extremely rare because of the resources that go into physically mining it and the inability of institutions to manufacturing gold artificially. For this reason, both bitcoin and gold have the same or similar degree of rarity. #### Baseline Value: The value of both gold and bitcoin is significant even though bitcoin has been around for a shorter amount of time. In fact, in 2017, the value of bitcoin surpassed gold, meaning that the value of bitcoin is higher than that of one troy ounce of gold. As of the beginning of August 2021, the price of one bitcoin was approximately $39,000 US dollars. This value is significantly lower than its estimated value of[ USD 63,000](https://www.coindesk.com/price/bitcoin) back in mid-April. One ounce of gold, on the other hand, is currently at [$1,800](https://www.bloomberg.com/quote/XAU:CUR) after seeing a slight decrease to $1,776 in the same period as that of bitcoin. For this reason, when it comes to the gold vs bitcoin price aspect, bitcoin has an advantage over gold. In addition to this, gold vs bitcoin price is also influenced by the fact that gold has more applications in comparison to that of bitcoin as it finds use in making jewelry and is an integral component of special instruments and devices. Therefore, gold has a more traditional sense of value. Whereas, an improvement in banking infrastructure will mean that bitcoin will be valuable in creating a more convenient way of transferring money across borders without the payment of a fee. #### Liquidity: The aspect of liquidity refers to the ease with which one can convert an asset into physical cash without the value of the asset suffering. When it comes to cryptocurrencies like bitcoin, the degree of liquidity is quite significant and is probably the most liquid virtual currency in recent times. The gold market also possesses high liquidity as purchasing and selling this asset takes place at stable prices. Therefore, the gold vs bitcoin debate concerning liquidity will end in a tie as both are equally liquefiable after the exchange of fiat currencies. #### Volatility: When one considers the plausibility of investing in bitcoin, the aspect of volatility is a cause for concern. The cryptocurrency market tends to be an extremely volatile market that experiences constant dips and rises. This volatility can be observed when one looks at the sudden rise and fall in its value from March of 2020 to the end of the same year. In March 2020, Bitcoin lost around [25%](https://capital.com/gold-vs-bitcoin-complete-comparison-at-the-start-of-2021). However, by the end of the year, it would rise to a whopping[ 50%](https://capital.com/gold-vs-bitcoin-complete-comparison-at-the-start-of-2021). This high volatility of bitcoin is in part because it is not distributed by a central bank while also being limited. Therefore, many investors do not consider bitcoin to be a haven asset. Whereas, gold has a lower degree of volatility as its value does not undergo much change irrespective of the changing market conditions. Therefore, the high volatility of bitcoin will mean that it is a better option for the individuals who prefer short-term or medium-term trades in comparison to investors that are in it for the long haul. Therefore, despite the pros and cons that come up in the gold vs bitcoin in 2020 conversation, most experts state that investing partially in both, gold and bitcoin is a better option than focusing specifically on one asset. In the words of seve ral expert investors, the idea here is to diversify the portfolio. Towards this aim, it will be advisable to invest to a certain extent in both assets as a way to reduce the risks that accompany trading in cryptocurrency. #### Frequently Asked Questions: - **Does bitcoin gold have a future?** Given the fact that bitcoin gold developers are attempting to fix the problems of distribution, protection, and transparency, the future of bitcoin gold seems to be surprisingly positive. As of May 2021, bitcoin gold is present on 40+ exchanges and available in 11 national currencies. In addition to this, as per the plans present in the 2021 BTG Roadmap, developers are looking to shift from a board-based governance system to a more contemporary DAO-based model. Bitcoin gold is a hard fork that came into existence in 2017. A hard fork, in trading, refers to an irreversible or permanent alteration that takes place in the blockchain. The creation of bitcoin gold took place as a way to control the process of bitcoin mining. - **Can bitcoin overtake gold?** According to a Bloomberg Intelligence report in March 2021, the value of bitcoin is set to hit the $100,000 price level shortly and therefore, become a digital reserve asset on a global stage. The market capitalization of bitcoin is around $856.4 billion as of August of 2021. Gold now has a current market capitalization of [$11.04](https://companiesmarketcap.com/gold/marketcap/) trillion which can seem like a steep incline for bitcoin to climb. However, according to Anthony Pompliano of Pomp Investments, the market cap of bitcoin is on the road to surpassing the market cap of gold by the year 2030. - **Is bitcoin undervalued?** As per the findings of the most recent stock-to-flow deflection chart, the value of bitcoin is significantly undervalued in comparison to the last decade of its existence. The chart shows that there is a negative [36%](https://finance.yahoo.com/news/bitcoin-btc-most-undervalued-10-113300365.html) deviation as of June 2021. This deviation is drastic as it is taking place against its 11-year uptrend line. The graph also reflected that the bitcoin price is around[ $63,000 ](https://www.coindesk.com/price/bitcoin)when it should be above $100,000. However, according to several investors, the increasing attention that bitcoin is receiving as of 2021 may result in a natural widespread demand for bitcoin. Therefore, drastically increasing the value it possesses at present. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How to seamlessly deposit INR, buy bitcoin and cryptos on Unocoin in India](https://blog.unocoin.com/how-to-seamlessly-deposit-inr-buy-bitcoin-and-cryptos-on-unocoin-in-india/) **Published:** September 27, 2021 **Author:** Unocoin Growth **Content:** Earlier this year in January, we wrote an article on [How to Buy Bitcoin in India?](https://blog.unocoin.com/how-to-buy-bitcoin-in-india-8365561785f1) Today we are in the ninth month of the year. People who have taken action earlier this year and started investing in bitcoin and crypto are now feeling grateful for what they did. The year is great for finance as we experienced the boom in the industry. Many found 2021 to be their best year so far. If you are thinking that you have missed the train, here is some good news. We are left with three months before the year-end and it is your opportunity to take the final decision. You may argue that the bull market is over and that it is too late to invest now. Let us tell you this, we don’t know whether it is over or not, but we are sure the best is yet to come. Buckle up, relax and take the important decision that would matter. ![](https://cdn-images-1.medium.com/max/800/1*pB42NNn0a1ek9OmfFM0gNw.jpeg)### Effortless process of buying your dream bitcoin and crypto While many other crypto exchanges in the market are finding it hard to have a seamless INR deposits system, at [Unocoin](https://unocoin.sng.link/Awg8j/k83q/ziaf) we make sure our investors experience the best technology while entering the market. Here is how you can buy bitcoin and crypto effortlessly from India’s first and most secure crypto exchange. - Download the [Unocoin](https://unocoin.sng.link/Awg8j/k83q/ziaf) app on your smartphone. - On opening the app, you will be asked to sign up. Fill in your email ID and set a password. You will then be asked to set a six-digit passcode that is required to enter the app and transact. - After you’ve signed up, you will need to verify your profile. The verification process requires you to give your name, address and phone number. In addition, you have to upload pictures of your PAN card, Aadhaar card and a recent passport-sized photo of yourself. - After you’ve given out the required details and submitted the pictures on the app, an agent from Unocoin might call you before your account is verified. - Once your account is verified, you can buy and sell bitcoin or any of the other crypto assets that are registered on the app, some being bitcoin, Bitcoin Cash, Ripple, Ether, Litecoin, USD Tether etc. You’re all set! You can now get to the buying part with the following steps: - Load your account with money from the bank. You can add money via the net banking facility offered by your bank. - You can also add money to your Unocoin wallet at the time of buying bitcoin. - Once you enter the amount of INR you want to deposit, a deposit order specifying the amount of money you need to transfer will be created. - Go to your bank’s net banking facility and transfer the required amount to Unocoin’s bank account via IMPS/NEFT/RTGS transfer. - Enter the reference number generated by the bank after the transfer of money against the deposit order in the Unocoin app. After validation of the transfer by Unocoin, the money will be added to your Unocoin wallet. - After adding money to your Unocoin wallet, you can now buy bitcoin. Transactions are processed in less than a few seconds and bitcoin is added to your bitcoin wallet maintained by Unocoin. You can also transfer bitcoin to another bitcoin wallet outside Unocoin. You can buy bitcoin at any time and any day of the week on Unocoin. - You can also buy other crypto assets (Ether and USD Tether) with the money in your Unocoin wallet. Buying other crypto assets on Unocoin is no different from buying bitcoin. Crypto-assets bought are stored in their respective wallets maintained by Unocoin. - Unocoin also offers Unocoin Exchange that offers its customers to place bids and ask orders as traders do on equity and commodity markets. Unocoin matches these orders with that of another customer as and when they are available. - You can also withdraw money from your Unocoin wallet to transfer it back to your bank account. If you are adding money to your Unocoin wallet through net banking, here’s how the different modes of fund transfer (NEFT/RTGS/IMPS) differ from each other: ![](https://cdn-images-1.medium.com/max/800/1*bHd_3zqV5qeC06i_u10G-A.png)- **National Electronic Funds Transfer (NEFT)** — You can choose NEFT as the mode of payment when transferring funds to your Unocoin wallet. NEFT payments are processed in batches (every regular interval of time) on all days. NEFT is suitable for low-to-mid value transfers that don’t have to be executed on priority. Banks have differing caps on the maximum amount that can be transferred using NEFT. - **Real-Time Gross Settlement (RTGS)** — Transfers using this mode of payment are initiated as soon as the request is received. Recommended for large money transfers (minimum value — 2 lakh rupees). This transfer is done by the RBI (Reserve Bank of India). - **Immediate Payment Service (IMPS)** — This service is provided by the National Payments Corporation of India (NPCI). Funds can be transferred any time any day of the week at 0% charge. Transfers take place in real-time. A maximum of 2 lakh rupees can be transferred in one transaction. - **Unified Payment Interface (UPI)** — This is an instant payment service with just a 0.5% transaction fee that can be done with Google pay, Phone Pe, PayTM, etc with up to INR 2 lakh of maximum transaction limit. Transfers are validated by the Unocoin team in less than three to four hours. Though on occasion, it might take up to twenty-four hours due to a large number of transfers. If deposits are done in non-working hours, it might take up to the next working day before the transfer is reflected in your Unocoin wallet balance. If you have trouble depositing money in your Unocoin wallet, email us at support@unocoin.com or call the toll-free number 7788978910 (7 am-11 pm, Mon-Sat). Other inquiries can also be directed to the email ID or the toll-free number. Any requests for changes in transactions can also be sought through these channels before being carried out by Unocoin. For more on how to buy Bitcoins, visit [Unocoin](https://www.unocoin.com/how-it-works). You can also have a look at [FAQs here](https://www.unocoin.com/faq). We hope that this blog helped you understand more about bitcoin transactions and purchases. Feel free to look through our other blogs to delve into the world of decentralized money! [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Why Bitcoin Is Not A Bubble?](https://blog.unocoin.com/why-bitcoin-is-not-a-bubble/) **Published:** October 2, 2021 **Author:** Unocoin Growth **Content:** The investment community is continually taking a keen interest in trading in the relatively juvenile bitcoin market. Many are left to wonder if the increasing demand and rising bitcoin prices have resulted in the creation of a bubble within the market. That being said, there is another side to this story. A significant number of investors believe that the bubble in the bitcoin market is only a myth. Therefore, this article will attempt to put this question to rest after a thorough inspection of the facts. ![Why Bitcoin Is Not A Bubble?](https://cdn-images-1.medium.com/max/800/1*qsEqZkMnZsMBoDoVs068kA.jpeg)#### Introduction In its 12 years of existence, the bitcoin market has caused quite the stir. Being such a volatile market, the investment community still chooses to trade carefully when they trade using the bitcoin currency. The bitcoin craze that seemed to envelop traders sometimes seems to create an economic phenomenon known as a “Bubble”. Many experts state that the rise in bitcoin prices which is now at $43,113 as of 1st October 2021, is similar to that of a bubble and will only crash shortly. #### About [Unocoin](https://unocoin.sng.link/Awg8j/d5fi/i7t1) Established in 2013, [Unocoin](https://unocoin.sng.link/Awg8j/d5fi/i7t1) is India’s largest exchange ecosystem, housing close to 1.4 million traders and processing 9.11M orders and is increasing. Be it Bitcoin or other cryptocurrency markets you would like to get into, Unocoin is the place to be. Join [Unocoin](https://unocoin.sng.link/Awg8j/d5fi/i7t1) to diversify your portfolio today. #### The origin of bitcoin To understand why this cryptocurrency is so talked about in today’s market conditions, it is important to look at how bitcoin came to be what it is today. This digital currency was first mentioned by its creator Satoshi Nakamoto in a whitepaper in January of 2009. Differing from traditional trading assets, this currency is not under a centralized authority. Instead, a decentralized ledger system known as a blockchain and is open to the public with everyone having transparent access to it. With only around 21 million bitcoin tokens in existence, the demand for the bitcoin currency will only increase shortly. #### Understanding the bubble To make a compelling argument as to why bitcoin is not a bubble, it would seem fitting to define what a typical bubble looks like. A bubble which is also known as an asset or speculative bubble refers to a sequence of events that takes place with regards to the market value of a certain asset. In general, bubbles are characterized by a rapid increase in the valuation or price of the asset. This will later result in a contraction or crash which essentially involves an even rapid decrease in the price. However, for an economic cycle to be deemed a bubble, the price of the asset must be significantly more than that of the intrinsic value it possesses. The exact reason for the creation of a bubble does not have very concrete proof but there are two major theories put forward by several experts. According to one [research paper](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3226952), the reason why bubbles appear is because of rising momentum and the changes that take place in investor behaviour. The rapid increase in the bitcoin prices came in 2017 when it rose to almost 2,000% of its previous value and a price of [$19, 834.93](https://www.wsj.com/articles/bitcoin-hits-all-time-high-of-19-786-topping-record-from-december-2017-11606750573). This exponential growth seemed to be a reason to celebrate from one of its lowest values at [$3,300](https://en.wikipedia.org/wiki/History_of_bitcoin) in December of 2018. This sudden rise and drop in a year are what many claim to be the bitcoin bubble. #### The argument for the bitcoin bubble In 2018, when the value of bitcoin was at its lowest, many blamed a phenomenon known as asymmetric information flow. This tends to happen when there is an imbalance in the information present on both sides of the trade. Some papers even stated that this asymmetry was brought about by bringing in a new cryptocurrency named tether. This currency was used to increase the price of the bitcoin currency drastically and therefore, obtain control of the market. This theory blamed the “lack of transparency” present within the market resulting in the creation of a bubble. #### Reasons why bitcoin is not a bubble From the above definition and explanation, it would seem like the behavior of the bitcoin market is similar to that of a bubble. However, here are five trends that are present in the cryptocurrency market that prove that the value of bitcoin will see an upward growth. These include: - **A legal tender:** A legal tender refers to a payment instrument that one can use to pay off a financial commitment. In other words, legally accepted banknotes. As a result of the negative connotations that accompanied bitcoin and the decentralized nature that it possesses, legal systems were unable to accept that bitcoin can become a legal tender. However, with the degree of transparency increasing in the market as well as the many applications it has, more countries are warming up to the fact that this can indeed become a legal tender. In fact, as of 2021, Japan, El Salvador, the Philippines, Australia, the USA, and more state that bitcoin is or will become an acceptable and legal form of payment. - **Storehouse for crashing economies** In several economically backward countries, the bitcoin currency has seen the increasing application. These include countries that have experienced hyperinflation of their currencies as seen in Venezuela, Bolivia, and other countries, especially in the continent of Africa. This is because, although these countries’ currencies hold little to no value, bitcoin still possesses a pretty significant amount of value even in a global market. For this reason, countries that are in or recovering from fractured economies will most likely adopt bitcoin in some way or another resulting in increasing demand for it. - **The mainstream trajectory** Since the adoption of bitcoin as a legal tender and a source of value to distressed countries, the use of bitcoin has become more and more mainstream. In addition to this, large-scale companies like Microsoft and Tesla are investing in bitcoin. This is also reflected in the increased adoption of bitcoin by online businesses. Even Amazon is working towards allowing customers to make purchases and payments through bitcoin. The reason why so many online platforms are adopting bitcoin transactions is because of the several benefits it offers. These include lower fees when paying with credit cards, elimination of chargeback fraud while becoming an attractive prospect for tech-savvy customers. - **Limited tokens:** Another reason why the bitcoin bubble hypothesis is untrue is because of the fixed limited supply. That is, since its inception in 2009, only 21 million coins are available for circulation in the market. Meaning that there are only 21 million tokens that will be able to circulate after bitcoin mining. In addition to this, the process of mining can take a long time and may not be worth the reward that the miner receives. Therefore, with increasing demand and decreasing supply, the value is bound to skyrocket in the coming years. In addition to this, certain characteristics of the very nature of bitcoin will also disprove the hypothesis that the bitcoin currency is in a bubble. As mentioned in the above definition of an asset bubble, bitcoin is in a bubble only when the bitcoin price is more than that of its intrinsic value. However, the nature of this currency is such that there is no set intrinsic or fundamental value. It is also near impossible for anyone to place a certain value in it with the help of traditional techniques for valuation. Although there may be a range of papers and opinions stating that it has a set value, they remain just that, opinions and theories. This is primarily because bitcoin is still a relatively new concept whose applications in the financial ecosystem are still developing. Therefore, even if these reasons do not completely disprove the creation of a bitcoin bubble, it is still enough to show that the market may not decline as drastically as a typical asset bubble would. #### Frequently asked questions - **Can bitcoin crash to zero?** The value of a bitcoin is unlikely to crash to zero or in other words to become completely worthless. A [2018 report](https://decrypt.co/41863/can-bitcoin-ever-become-worthless) states that the odds of the bitcoin currency crashing to zero is a mere 0.4%. The odds are this low because it is one of the most sought-after cryptocurrencies in the world. In addition to this, the recent investments that have been made in bitcoin by several big-name companies. - **Is bitcoin overvalued?** As per the stock-to-flow model, bitcoin is currently above the median, meaning that it is overvalued in comparison to its last cycle. Some experts feel that the argument of whether bitcoin is overvalued or not comes down to what makes it so valuable. Presently, the token value and therefore, the market cap of bitcoin is so valuable not because of activity as a whole (meaning both non-trading and trading activity), rather, it is based primarily on trading activity. In other words, the intrinsic value of bitcoin would be significantly lower if the total number of transactions taking place were directly tied to the token value. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How to diversify your bitcoin and crypto portfolio?](https://blog.unocoin.com/how-to-diversify-your-bitcoin-and-crypto-portfolio/) **Published:** October 4, 2021 **Author:** Unocoin Growth **Content:** Here is a short story for you. Rahul works in an MNC in Hyderabad. He earns around INR 60,000 per month. He is a recently married man and his wife is a homemaker. He also takes care of his mom, who is about the age of 60. Thus he has certain liabilities to take care of. As a young couple, he and his wife are planning to have at least two children. As of now, Rahul only has his finances in FDs and he needs to plan for his children’s education in the next 5 years while taking care of his mom’s healthcare. He was introduced to bitcoin and crypto investment recently by one of his friends, but knowing the fact that this investment vehicle is very volatile and risky, he is sceptical. But, we have a solution for Rahul! How can we — [Unocoin](https://unocoin.sng.link/Awg8j/4ye2/1yyw), being a crypto trading platform help countless people like Rahul to plan for their investment so that they can give good education to their children, healthcare to their parents and at the same time live life with their loved ones? At [Unocoin](https://unocoin.sng.link/Awg8j/4ye2/1yyw): India’s first bitcoin and crypto exchange, with our mission of providing financial freedom to everyone by making money-making simple and bringing bitcoin to billions, we understand how difficult investment is for many families and individuals out there. We are here to help you in your financial journey. As India’s leading bitcoin and crypto exchange, we have multiple features and tools to cater to the needs of our investors. ![](https://cdn-images-1.medium.com/max/800/1*glg4D-LUZl-RYlu0m9BwJw.jpeg)You would have always heard of the proverb that goes, ‘Don’t put all your eggs in one basket”. Many financial experts suggest diversifying the portfolio, but only a few of them go to the extent of telling how exactly it should be done. Today, we are breaking the concept block-by-block so that you can earn the benefit of having a diversified portfolio. Wealth managers in developed countries have recommended the investors to expose up to 5% of their personal wealth to crypto investments. ### Unocoin’s Crypto Basket: The only feature dedicated to diversifying your crypto investments ![](https://cdn-images-1.medium.com/max/800/1*Ee_gmxJHv00FEOzRuUbzhw.jpeg)With more than seven years of experience in the industry and over a million and a half trusted investors on the Unocoin platform, we have the one and exclusive feature in the market to diversify your bitcoin and crypto portfolio. Your goal to have that dream diversified bitcoin and crypto portfolio is now achievable. So what is exactly portfolio diversification about? What is it when people talk about diversifying your investment? In very simple words, it is the process of putting your money into different asset classes to minimise the risk of your loss. In the case of bitcoin and crypto, it’s about putting your money into different coins so that even if the price of one coin goes down, the prices of other coins can recover your losses or minimise them. ### Invest according to coin market capitalisation on Unocoin Crypto Basket ![](https://cdn-images-1.medium.com/max/800/1*VXfFuzgRZkLyP2KozNTWWg.jpeg)On Unocoin Crypto Basket, you can buy multiple coins by selecting your desired coins or the coins you want to include in your portfolio. If you select the market cap sorting on the crypto basket, the feature will allocate your fund to the coins you selected based on their market capitalisation. Market cap is nothing but the total net worth of all the coins outstanding in circulation. It is calculated by multiplying the outstanding coins in circulation by the current price of that coin. So suppose you selected four coins, i.e., Bitcoin, Ethereum, Tether, and Ripple, Crypto Basket will allocate 63.63%, 27.56%, 5.38%, 3.43% of your fund to Bitcoin, Ethereum, Tether and Ripple respectively (these percentages will vary accounting to the real-time data). In this way, you are putting your fund into multiple coins respectively according to their total market value. ### Invest according to coin traded volume on Unocoin Crypto Basket ![](https://cdn-images-1.medium.com/max/800/1*VFBvcYLC81XDQgsjFBqY3Q.jpeg)The other option you can choose from Unocoin’s crypto basket is investing according to the coin traded volume. When you select Volume as an option for your crypto basket, Crypto Basket will execute coins according to the traded volume in the exchange market. Volume is the number of crypto assets traded at Unocoin multiplied by the last traded price of the corresponding asset. Thus, by diversifying your portfolio by volume, you are putting your fund in the most traded coins. ### Unocoin crypto basket also offers flexibility in your portfolio diversification. ![](https://cdn-images-1.medium.com/max/800/1*WhsVNfHG21akyeKlyLgbpw.jpeg)Apart from offering two different strategies and options of portfolio diversification in your investment, Unocoin also offers very quick flexibility and customised options for you to choose the coins you like instead of Crypto Basket choosing it for you. This way, you can choose up to more than forty coins currently available on the exchange. This helps save your time as it is a one-time effort instead of going to separate coins for buy orders. In Conclusion, it is hard to predict the future. So the best way to bid on it is by exploring and taking action while minimising the risk. Here is a bonus for you, [**Key things to know before investing in cryptocurrency** published by **CNBC**](https://www.cnbctv18.com/finance/key-personal-loan-trends-that-may-define-indias-lending-industry-in-future-10943412.htm) written by Sathvik Vishwanath, CEO, and Co-founder at Unocoin. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is the next cryptocurrency?](https://blog.unocoin.com/what-is-the-next-cryptocurrency/) **Published:** October 12, 2021 **Author:** Unocoin Growth **Content:** The introduction of various cryptocurrencies in modern times has left many traders perplexed as to which one to choose for earning higher returns. Keep scrolling below to find out which is the best cryptocurrency to invest in 2021. The radical rise in the bitcoin price has placed cryptocurrency on the map in the investment expanse. Since its conception a few years back, bitcoin has transcended commanding heights in terms of value. It is the most influential cryptocurrency across the globe, with a $1 trillion economy. While bitcoin is the world’s largest cryptocurrency, many individuals are still oblivious of the fact that over 5000 cryptocurrencies are presently circulating in the market. ![What is the next cryptocurrency?](https://cdn-images-1.medium.com/max/800/1*bG11Z-pWOhqt_Hvse3fldw.jpeg)Apart from this, numerous digital currencies have presented investors with exceptional returns than bitcoin. Also, ethereum, the next most influential cryptocurrency, has expanded by 750% since 2020, surpassing bitcoin’s 600% gains during the corresponding term. This is the reason cryptocurrencies other than bitcoin have now come into the limelight. And various modern-day investors have now started wondering, ‘what is the next cryptocurrency in 2021’. ***About*** [***Unocoin***](https://unocoin.sng.link/Awg8j/c6as/m3dg) [Unocoin ](https://unocoin.sng.link/Awg8j/c6as/m3dg)is one of the leading cryptocurrency trading platforms in India. It is one of the most comprehensive ecosystems of traders that help investors trade effortlessly in bitcoin, ethereum, and various other digital currencies and perform crypto trading with ease. ***What are the different types of cryptocurrencies available?*** Cryptocurrency gets extensively used by investors in present times. The name cryptocurrency implies that crypto is the cryptography that retains the data highly secure from hackers. Moreover, this cryptography enables the formulation and processing of online currency and its trade on a decentralized system. With the help of cryptography, traders can transfer and get information securely, and no one can decipher or steal the confidential data when it gets passed from the sender to the receiver. Also, cryptocurrency is the electronic funds generated using blockchain technology to carry out transactions while maintaining the secrecy of the senders and receivers intact. Mentioned hereunder are some of the famous cryptocurrencies in the present times. - **Ethereum** Ethereum is one of the most prevalent cryptocurrencies taking the industry by storm. It is a decentralized platform that facilitates decentralized applications (DAPPS) and smart contracts to be developed and driven without fraud, downtime, administration, or restraint from a third party. The primary purpose behind creating Ethereum is to build a decentralized set of financial outputs that any person across the globe can unobstructedly access, regardless of ethnicity, nationality, or creed. The applications on Ethereum get driven on ether which is its platform-specific cryptographic token. Ether is like a medium for running around on the Ethereum blockchain and mostly get explored by developers looking to generate and control applications inside Ethereum, or now, by investors looking to make investments of other cryptocurrencies using ether. Ether, on the ethereum blockchain launched in 2015, is the second-largest cryptocurrency in terms of market capitalization after bitcoin. However, ethereum lags behind bitcoin by a significant margin, and in January 2021, the ethereum market capitalisation was approximately 19% of bitcoin’s size. Moreover, Ethereum started a presale for ether in 2014, which gained a remarkable response. However, after the decentralised autonomous organisation (DAO) attack, Ethereum got divided into Ethereum Classic (ETC) and Ethereum (ETH). Furthermore, ethereum developers now plan to improve their consent algorithm to proof-of-stake from proof-of-work. This transit will enable Ethereum’s interface to operate itself with considerably less energy and enhanced transaction pace. It would further secure the network to prevent data theft and perform trading with ease. - **Ripple** Ripple is a blockchain technology that serves as both a digital payment network and cryptocurrency for commercial transactions. Popularly known by its crypto symbol, XRP is the primary cryptocurrency for products produced by Ripple Labs. Its outputs get utilized for asset exchange, payment settlement, and transmittal methods that operate more like SWIFT, a service for global funds and security transfers used by banks and financial institutions networks. XRP (Ripple) is a pre-mined cryptocurrency and employs a less complex mining process than bitcoin. It runs on a peer-to-peer and open-source, decentralized platform that provides an effortless transfer of funds in any form, whether in dollars, euros, Yen, Yuan, or cryptocurrencies, like ethereum, litecoin, or bitcoin to promote quick exchange between various currencies. Also, this cryptocurrency, Ripple or XRP, employs a mechanism identified as a Gateway. This gateway serves as the link in the trust chain between two parties aspiring to execute a transaction. Moreover, it functions as the credit intermediary that helps collect and transfer currencies to public locations over the Ripple (XRP) network. Any person or company can register and start a gateway, which entitles the registrant to work as the representative for swapping currencies, controlling liquidity, and conveying payments on the XRP network. - **Litecoin** Litecoin (LTC), founded in 2011, was among the foremost cryptocurrencies to follow in the treads of bitcoin and has usually been known as the silver to bitcoin’s gold. This famous cryptocurrency got devised by Charlie Lee, a former Google engineer. Litecoin works on an open-source universal payment interface that does not get regulated by any bank or central authority and employs “scrypt” as proof of work (PoW), which can further get decoded with the assistance of high-grade CPUs. Even though litecoin, in many forms, is similar to bitcoin, it holds a more agile block creation speed and therefore presents a faster transaction validation time. Other than developers, there is an increasing number of global merchants that allow litecoin as a payment mode. When speaking of market cap, litecoin held a market capitalisation of $10.1 billion in January 2021 and a per token worth of $153.88, presenting it as the sixth-largest cryptocurrency globally. - **Tether** Tether (USDT) is the premier and most successful stablecoin, a cryptocurrency that intends to secure its market rate to a currency or additional external source point to abbreviate volatility. Since various digital currencies, including Bitcoin and Ethereum, have encountered several periods of extreme volatility, Tether (USDT) and numerous other stablecoins endeavours to level out price variations to draw traders who may otherwise be wary. Tether’s rate is attached undeviatingly to the value of the U.S. dollar and, this system enables people to make transfers from other digital currency back to U.S. dollars quickly and effortlessly than switching to standard currency. Founded in 2014, Tether (USDT) portrays itself as a blockchain-facilitated platform intended to expedite the use of fiat currencies digitally. Conclusively, this cryptocurrency empowers people to use a blockchain interface and associated technologies to negotiate in conventional currencies while reducing the complexity and volatility usually correlated with digital currencies. In 2021, Tether emerged as the third-largest cryptocurrency universally, in t erms of market capitalization, with a total market cap of $24.4 billion and a per token worth of $1. - **Bitcoin Cash** BCH (Bitcoin Cash) maintains an influential position in the cryptocurrency realm as it is one of the pioneers and most thriving hard forks of bitcoin. In the cryptocurrency market, a fork occurs as the outcome of discussions and disputes between crypto miners and developers. Because of the decentralized quality of digital currencies, significant modifications to the code holding the token or coin must get initiated due to consensus, as the mechanism for this method differs as per the specific cryptocurrency. Also, when different parties cannot agree, the digital currency sometimes gets split. However, the original chain remains stuck to its primary code, and the new chain becomes a brand-new version with an entirely different cryptogram. BCH (Bitcoin Cash) came into existence in August 2017 due to the ongoing debates concerning bitcoin scalability. Another issue that led to the creation of bitcoin cash was the limited block size of the bitcoin. However, with the advent of bitcoin cash, the block size increased from 1 MB to 8 MB to hold more transactions and further boosted the transaction speeds. It further advances several modifications, including the Segregated Witness (SegWit) protocol elimination that influences the block space. Hence, we can say that with a market cap of $8.9 billion BCH is another best cryptocurrency to invest in 2021. - **Libra** Libra is yet another popular cryptocurrency designed by Facebook. This cryptocurrency intends to get employed as a simplistic, low-fee universal currency. It will primarily be a digital currency on smartphones, which people can use to make payments where cryptocurrency payment is supported. Libra gets upheld by an asset basket that carries all the principal currencies and state debt instruments. Libra, primarily designed to get adopted as an uncomplicated means of exchange across the globe. Also, the support that it gets from the asset basket provides it with the much-needed price stability and further promotes the effectiveness of the currency to get employed for daily transactions. Another appealing determinant is that this cryptocurrency is upheld by several influential institutions that build up the Libra Association. This Libra Association functions as a governing body for this cryptocurrency and will not get governed solely by Facebook. Instead, this association comprises 28 founding associates, including Visa, Mastercard, eBay, and various other corporations. In addition to this, the Libra cryptocurrency uses not-so decentralised blockchain technology, and just the Libra association members hold access to the ledger of transactions. - **Monero** Monero (XMR) is a guarded, untraceable, and private open-source cryptocurrency founded in April 2014. Right after its creation, this cryptocurrency soon amassed high interest among investors and crypto enthusiasts. The evolution of this cryptocurrency is entirely for community-driven and donation-based purposes. - **EOS** EOS is another prevalent cryptocurrency in modern times. Developed in 2014, EOS got built by Block One, a company that created an open-source software known as [EOS.IO](http://eos.io/). EOS cryptocurrency tokens get utilized as a payment method on the interface. This cryptocurrency promotes core functionality that enables corporations and people to build blockchain-based apps in a process similar to web-based apps. Furthermore, EOS presents protected authentication and access, permits, data hosting, usage administration, and interaction between the internet and DAPPS. This digital currency gets backed by a web toolkit repository that strives for hassle-free application development. Also, EOS is perceived as a close contender to Ethereum, with aspirations to be more influential, reliable, and agile. The EOS makers are further focusing more on increasing their transaction speed. While ethereum approximately manages 15 transactions in a second, EOS attempts to perform millions of transactions in one second. However, you must note that this is not the actuality and just a future goal. In addition, with the size of the DAPPS ecosystem rising each day on the blockchain interfaces, the inadequate availability of supplies is a significant issue. This is why EOS strives to approach these difficulties by extending more flexibility, scalability, and usability through its advanced mechanism. ***How to identify the next big cryptocurrency?*** Finding answers to what is the next cryptocurrency requires a lot of time and effort as hundreds and thousands of cryptocurrencies are now flooding the market. Since not all of these digital currencies will be successful, you should learn how to pick the right one, so you do not end up losing everything. Mentioned hereunder are some of the factors to consider when finding the best cryptocurrency to invest - **Price** One of the most crucial factors to remember when looking for the next superstar in the crypto market is the token price. Also, if you are a beginner in the crypto market or do not have a large pool of funds to invest in the crypto market, you must invest in low-priced currencies as they can offer the best value for your funds. - **Currency Adaptation** When finding out the next best cryptocurrency, you need to determine which coins will get widely adopted. This is because choosing a widely adopted cryptocurrency will help you find out the inherent value of the cryptocurrency when it reaches mainstream adoption. - **Price and Volume** Current data concerning cryptocurrency trading is readily available online. You must refer to this information before choosing the next best cryptocurrency and see if the currency you wish to invest in has increasing prices or not. Those cryptocurrencies with rising rates and amount of trades are likely to be those that hold impulse going ahead. While there is no assurance that this impulse will remain maintained, it is a beneficial way of understanding which cryptocurrencies draw the investor’s attention for the time being. - **Supply** All the digital currencies hold a restriction to which they can get supplied through mining. For example, simply 21 million bitcoin can be generated through mining and utilized. Once this limit gets reached, new tokens will not get created again. Hence, before investing in any cryptocurrency, you must examine the cumulative supply and the present circulation. This is because when the supply is fixed and interest remains sustained, there is a high likelihood that the currency’s value would move up. This way, you will understand that investing in such a cryptocurrency will generate better yields. ***The Bottom Line*** To sum up, we can say that investing in cryptocurrency is a high-risk investment. Even when so many prominent players are operating in the market, it is hard to predict the next best cryptocurrency, given the high volatility. This is why it is always a prudent choice to spread risks as the best investment strategy. ***Frequently Asked Questions (FAQs)*** **1. Is cryptocurrency better than stocks?** While both stocks and cryptocurrency are popular forms of investment in modern times, both of them hold some benefits and limitations. When speaking in terms of returns, cryptocurrency always offers much higher yields than stocks, making it far better than stocks. However, when speaking in terms of volatility and security, stocks are less volatile and more secured than cryptocurrencies as they are highly regulated. Hence, there cannot be a definite answer to whether cryptocurrency is better than stocks as it dep ends on individual investors and their risk-taking capacity. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [​​Unocoin has now listed Hedera.](https://blog.unocoin.com/unocoin-has-now-listed-hedera/) **Published:** October 18, 2021 **Author:** Unocoin Growth **Content:** [Unocoin](https://unocoin.sng.link/Awg8j/bfwu/3u3u), India’s first bitcoin and crypto exchange has now listed HBAR, the native token for Hedera. According to Coin Market Cap, Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps). HBAR, which is a native token for the Hedera blockchain aims to address the problem of speed, security, stability and governance that exist in other blockchain protocols through distributed ledger technology called Hedera Hashgraph. ![​​Unocoin has now listed Hedera](https://cdn-images-1.medium.com/max/800/1*PLlZ8JNHibLjZe9-iBiCNA.jpeg)Unlike bitcoin and other blockchains, Hedera is a platform that is built for and built on trust. Hedera aims to achieve a truly decentralized governance model through Hedera Governing Council. The Hedera governing council is the elected group of highly diversified leading global organisations like Google, IBM, Wipro, Standard Bank, Tata Communications and many more. Their responsibilities include: 1\. Hosting and maintaining initial network nodes, 2\. Establishing a governance framework, and 3\. Overseeing the software at scale. The Hedera public network token HBAR, powers Hedera services such as smart contracts, file storage and regular transaction. It also helps secure the networks. The Hedera blockchain uses the Proof-of-stack concept to validate and secure the network. Hedera is believed to be the 3rd generation public ledger blockchain after bitcoin and Ethereum, enabling more than 10,000 transactions per second and an average fee as low as $0.0001. Bitcoin and Ethereum’s average fee is at $22.57 and $19.55 respectively. As per Hedera governing council, the network achieved the following: 1. **Speed** — Achieved fast, low-latency transactions with guaranteed finality in seconds, instead of minutes or hours. Hedera is an order of magnitude faster than blockchain alternatives. 2. **Impartiality** — Count on fair access, timestamps, and transaction order that can’t be manipulated by malicious nodes. 3. **Security** — Deploy on a network with [proven](https://www.hedera.com/blog/coq-proof-completed-by-carnegie-mellon-professor-confirms-hashgraph-consensus-algorithm-is-asynchronous-byzantine-fault-tolerant), best-in-class Asynchronous Byzantine Fault-Tolerant (ABFT) security that’s resistant to DDoS and Sybil attacks. 4. **Stability** — Deploy on a network with [proven](https://www.hedera.com/blog/coq-proof-completed-by-carnegie-mellon-professor-confirms-hashgraph-consensus-algorithm-is-asynchronous-byzantine-fault-tolerant), best-in-class asynchronous Byzantine fault-tolerant (ABFT) security that’s resistant to DDoS and Sybil attacks. As of October 16, 2021, HBAR, the Hedera native token, is traded at $0.3602. Hedera has a total maximum supply of 50,000,000,000 with 14.83 Billion HBAR already in circulation, which is about 30 percent of the total circulation. Now, [Unocoin](https://unocoin.sng.link/Awg8j/bfwu/3u3u) users can trade HBAR actively on the platform with INR or USDT. Unocoin enables instant INR deposits for all of its users. To celebrate the festive season with joy and prosperity, Unocoin is offering INR 100 for every unique signup. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin hit an All-Time-High](https://blog.unocoin.com/bitcoin-hit-an-all-time-high/) **Published:** October 21, 2021 **Author:** Unocoin Growth **Content:** Bitcoin finally broke the $64,000 BTCUSD resistance to reach a new high. ![Bitcoin hit an All-Time-High](https://cdn-images-1.medium.com/max/800/1*KgiNE1sz-W8AdpjjxFhPiQ.jpeg)Bitcoin continued to rally after breaking $64,000 resistance and hit an All-Time-High at above USD 66,000. According to the data from TradingView, BTCUSD was trading above $66,900 at 10:00 PM IST on 20th Oct. Bitcoin and crypto investors have been patiently waiting for this moment since it hit an All-Time-High on 14th April 2021. It was only then when BTC/USD was traded above $64,000 for the first time and has never failed to make support since then. Since mid-April, the bitcoin community has been struggling with lots of FUDs following so many crackdowns on regulatory issues. ![](https://cdn-images-1.medium.com/max/800/0*RXI9r6OGKqzkyQ-f)### Bitcoin is inevitable and (They) know, they are finding ways to slow down its progress In the past six months, the bitcoin bulls had been struggling to move because of multiple reasons. Firstly, in mid-April, Elon Musk and Tesla suddenly announced the withdrawal of enabling the purchase of Tesla vehicles by bitcoin, citing the usage of non-renewable energy for bitcoin mining. Cathie Wood’s Ark Invest along with Jack Dorsey’s (Also the CEO of Twitter) of Square hit back with a detailed investigation report on the usage of energy for bitcoin mining and concluded that over 74 per cent of energy comes from renewable sources and also mining factories help to utilize the resources from wastage during the energy peak season. Secondly, the continued crackdown of bitcoin mining facilities in China by CCP caused the bull to drag longer. It is notable to mention that over 70 per cent of bitcoin mining facilities were present in China in September 2019. With the continued crackdown by the Chinese CCP, there was an exodus of mining facilities from Asia to Western Europe and North America. Thirdly, the U.S infrastructure bill which said that the bitcoin and crypto investors were to pay taxes, kept the market staggering for a while until later summer. Lastly, there is always greed when it comes to money. Billionaires from Elon Musk to influencers and internet celebrities continue to advocate for altcoins especially the meme coins like Doge and Shiba Inu which greatly influence and impact the market to a great extent. Nevertheless, just like in the past, bitcoin continues to rise and rise. The king of cryptocurrency is inevitable. It is potentially one of the greatest inventions of our modern world. At [Unocoin](https://unocoin.sng.link/Awg8j/rb1v/thq4), we believe bitcoin is a true revolutionary monetary system. Everyone, no matter where they live, can greatly benefit from it. We continue to advocate for bitcoin and crypto and pursue our dreams of Bringing bitcoin to billions of people in our country. If you are new to the bitcoin and Crypto world, here is a gift for you. For every unique sign-up at Unocoin: India’s first bitcoin and Crypto exchange, you get a welcome gift of INR 100 worth of BTC, with no terms and conditions and no questions asked. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Sign up to Unocoin and Get INR 100 worth of BTC for free, Use it to Buy Gifts and Vouchers this…](https://blog.unocoin.com/sign-up-to-unocoin-and-get-inr-100-worth-of-btc-for-free-use-it-to-buy-gifts-and-vouchers-this/) **Published:** October 26, 2021 **Author:** Unocoin Growth **Content:** No need to wait for a special occasion to get started buying, selling or trading bitcoins. No purchase or prior experience in trading is required to start trading bitcoin. [Unocoin](https://unocoin.sng.link/Awg8j/eav9/zr2f) is a crypto wallet and platform where merchants and consumers can transact with digital currency, Bitcoin directly. Sign up for a free account, verify yourself with your mobile number or email, and start transacting in bitcoin by sending money to any user using Unocoin wallet. ![](https://cdn-images-1.medium.com/max/800/1*rdHSUwnL9HWANKKIUVunUA.png)The best crypto app Unocoin — Crypto Ka Super App offers INR 100 worth of BTC as welcome bonusBut how? [Unocoin](https://unocoin.sng.link/Awg8j/eav9/zr2f) is giving you an exclusive, limited period offer to experience Unocoin’s trading services FREE. Sign up with Unocoin before 31st Oct 2021 using the link [www.unocoin.com](http://www.unocoin.com), complete the KYC verification and get an instant bonus of BTC worth 100 INR. Simply by signing up with our service, you get INR 100 worth of BTC credited to your account. No hassle, no lengthy procedures and no coupon to redeem. For Oct 2021, this free credit is not only applicable for new users but the existing user can refer their unique referral code to their friends and family member, or their extended connections over social media and earn 15% of the transactional cost of every transaction that their referrals will make on Unocoin. Invite your friends to join you and start earning referral rewards on every trade they make. Unocoin is India’s oldest cryptocurrency exchange with over 1.4 million customers and over 30 Billion in INR volume traded. But what will you do with the free INR 100 worth of bitcoin? Well, there is so much you can do about it. ​​If you are someone who was waiting for your acquired bitcoin to be used for shopping or any other day to day transactions, here is a piece of good news for you. Well, yes. You can put your BTC to work using the BTC>>Shop>> Voucher feature. You can now avail vouchers and shop on **95+** brands against the bitcoin you hold. See this as a regular purchase you make digitally. You like pizza on Domino’s website and once your order is done you go to the checkout page and pay for the order. You pay in your local currency (INR) through online banking or credit/debit cards or online wallets. With Unocoin’s voucher feature, you can now avail BTC vouchers and pay for the popular brands through their voucher option. Unocoin is India’s first and one of the most popular bitcoin trading platforms. If you are a registered user of Unocoin, you can use your bitcoin worth as little as INR 100 to avail of these vouchers. 11 years ago in May 2010, Laszlo Hanyecz, used bitcoin acquired by him to buy a pair of Papa John’s Pizza. The number of bitcoin he paid was 10,000 BTC! whereas the value of 1 BTC today is 49,79,730 Indian Rupee! Let us see in detail how this works. We assume you are a new Unocoin user who has received INR 100 worth of bitcoin as the new user sign up welcome bonus. You log in to your account and go to the BTC page. From the multiple options available, you click on Shop. You see the last tab of Vouchers. If you are on the app, then you will find the Shop button on the dashboard and in the More section. You see **90+** popular brands and among them, you select Dominos Pizza. You see a dropdown of multiple INR denominations to buy vouchers. You select INR 500 and see the corresponding BTC you will have to pay to get that voucher. You click on pay and get the voucher code! Suppose you would like to have Dominos pizza someday. You either go to their website or open their app to order from the menu. You finalise your order. You see the total bill amount to be, for example, INR 850. You then proceed to checkout. This time, instead of choosing your bank for net banking, any UPI service provider or cash on delivery, you opt for payment through the vouchers. Since you have a voucher(s) handy with you that you bought from your Unocoin’s account, now is the perfect time to use them. While checking out, you click on the e-Vouchers tab to add the Gift Voucher you received from Unocoin. You enter your gift voucher code and pin as shown on your voucher, then click on submit. The instructions on how to use such voucher codes usually get displayed on every e-commerce portal. The total bill amount was INR 850 and the voucher you bought from Unocoin was worth INR 500. The remaining amount, which is INR 350 of the total bill, can be paid via any mode of other payments that fits best for you or you may even use another voucher code if you have it. ### But why vouchers? As mentioned above, this feature lets you barter your bitcoin into something which these high brands have to offer. Most of the time, the bank servers do not work, the banking server goes through some maintenance from time to time or sometimes you won’t have your debit/credit card handy. There are scenarios where your bank’s credit card cannot be used for payments because it is not linked to the brand you want to make the payment to. Moreover, there are times when cash on delivery is not applicable or you simply cannot find an ATM to get cash to pay for your expenses. For all such unpredictable cases, a pre-loaded voucher in hand can be a lifesaver. Moreover, there are multiple categories to choose from. This includes travel, restaurants, lifestyle brands, fashion, accessories, hotels and much, much more. For every need and want, there is a brand that you can have a voucher for. What else do we need to enjoy the luxury of life! Finally, here goes the best part — these vouchers form an **amazing gift to be presented to your loved ones before, during and after Diwali**. All you need to do is to pass on the voucher information by printing it out or just by sending it as a message to them. Since the big news is out now, you can explore the shop feature of BTC on [Unocoin](https://unocoin.sng.link/Awg8j/eav9/zr2f). Happy Shopping! Happy Gifting! Happy Giving! Happy Receiving! [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Syste matic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is blockchain?](https://blog.unocoin.com/what-is-blockchain/) **Published:** November 3, 2021 **Author:** Unocoin Growth **Content:** Blockchain, referred to as distributed ledger technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralized and cryptographic hashing. Now, let us understand blockchain by a simple example of Google Docs. ![What is blockchain?](https://cdn-images-1.medium.com/max/800/1*OJsL7Y6T1GZWnTzCAoFXHg.jpeg)When we create a google document and share it with a group of people, the document is distributed instead of copied or transferred. This creates a decentralized distributed chain that gives everyone access at the same time. This is just a simple example of blockchain as it is more complicated than Google Docs. ### How does Blockchain work? Let us start. 1\. Imagine the blockchain as a digital database, just like an Excel spreadsheet. 2\. This database is typically shared across a large network containing many computers (known as “nodes”) and it is completely public. We say “typically” because it can technically be formed by any number of nodes. The more nodes there are, the more secure the network is — that’s why it is good to have a large number of nodes running the blockchain! 3\. Every time the network makes an update to the database, it is automatically updated and downloaded to every computer on the network. 4\. Blockchain technology is secured with cryptographic techniques, making it nearly impossible for hackers to make changes to it. The only way to make changes would be to hack more than half of the nodes in the blockchain at the same time, which again, is why it is more secure to have more nodes/computers running the blockchain. ### Advantages of Blockchain: The main purpose of the blockchain is to allow fast, secure and transparent peer-to-peer transactions. It is a trusted and decentralized network that allows the transfer of digital values such as currencies and data. A few more are listed here: - **Reducing the risk** — Blockchain systems based virtual currencies eliminate the need to take cash into volatile areas and they reduce losses caused by card theft. Also, by eliminating intermediaries, blockchain systems substantially reduce administrative costs. - **Stamps out fraud —** Blockchain doesn’t allow hackers or third parties to enter into the system. It’s very difficult to crack open the content and change it. - **Trust and transparency** — Blockchain creates trust between different entities where the trust is either nonexistent or unproven. As a result, these entities are willing to engage in business dealings that involve transactions or data sharing that they may not have otherwise done or would have required an intermediary to do so. The enablement of trust is one of blockchain’s most cited benefits. - **Cost-effective** — Blockchain is also used to cut down costs for organizations. It also creates efficiency in processing transactions. It also reduces manual tasks such as aggregating and amending data, as well as ease in the reporting and auditing processes. - **Simplifying business to business** — As most businesses use different systems, it’s hard for them to share databases with another business. Then comes blockchain technology as it acts as a single shared database for both businesses to work from as sharing data is much easier for them on a blockchain system. - Unlike cash, crypto uses blockchain to act as both a public ledger and an enhanced cryptographic security system, so online transactions are always recorded and secured. Blockchain has also helped during the COVID-19 pandemic to securely store medical research data and patient information. ### How will Blockchain benefit large industries? If done right, - It will remove the cost of third parties. - Payments and data would be processed much quicker. - Database management across businesses would be much easier. - Data protection and security would be advanced. ### Blockchain in several other sectors include: - **Cryptocurrency** — Crypto uses blockchain to act as both a public ledger and an enhanced cryptographic security system, so online transactions are always recorded and secured. - **Banking and financial services** — For any banking or finance organisation, the most important feature is their payment systems. When it comes to blockchain finance, both central and commercial banks, throughout the world, are now using this technology to process payments. By using blockchain technology, cross border payments are faster and cheaper as compared to traditional payment methods. - **Government —** A blockchain-based digital government can protect its data, streamline processes, and reduce fraud, waste, and abuse while simultaneously increasing trust and accountability among its citizens. - **Health care** — Blockchain in healthcare services may be utilized for updating and reserving patients’ valuable information, like sugar level and blood pressure in real-time with the assistance of IoT and wearables. - **Insurance** — Blockchain helps reduce administrative costs through automated verification of claims/payments data from third parties. Insurance companies can now quickly view past claims’ transactions that are registered on blockchain for easy reference. This promotes higher degrees of trust and loyalty between the insurer and customer. Also, blockchain has helped the insurance industry to automate its outdated processes and has helped in saving a lot of hours of paperwork each year. ### Conclusion: Now, let’s brush up on what all we have learned about blockchain technology, and here are some important features to be remembered of blockchain: ### A quick overview of Blockchain - A blockchain is a database that stores encrypted blocks of data, then chains them up together to form a chronological single-source of truth for the data. - Digital assets are distributed instead of copied or transferred, creating an immutable record of an asset. - The asset is decentralized (the process of shifting control from one main group to several smaller ones), allowing full real-time access and transparency to the public. - A transparent ledger improves the integrity of the document, which creates trust in the asset. - Blockchain’s inherent security measures and public ledger make it a prime technology for almost every single sector. ### Few words of getting blockchain explained: Blockchain technology has changed many industries and will also change further and improve the way how the business operates. But that is not it. It will also change the lives of billions by giving them the ability to store and send money to each other. Thanks to blockchain for making our lives simpler. If you are planning on purchasing some of the cryptocurrencies, check out [Unocoin](https://unocoin.sng.link/Awg8j/x596/x9vz) (https://www.unocoin.com/in). [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocu rrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Benefits Of Cryptocurrency](https://blog.unocoin.com/benefits-of-cryptocurrency/) **Published:** November 12, 2021 **Author:** Unocoin Growth **Content:** ![Benefits Of Cryptocurrency](https://cdn-images-1.medium.com/max/800/1*9be1AqAkA9kTT9kKMNsKKg.jpeg)If you want to get into the crypto space, one of the first steps is to consider whether you will get benefitted from these digital assets or not. Therefore, this article will help us understand some of the **benefits of cryptocurrency on the economy** and find out why it has become so popular. **Introduction** Cryptocurrency is a version of digital money in the form of a token or virtual currency. You can use it to buy or sell products from people or companies that accept such payments. There is a range of cryptocurrencies, like Bitcoin, Ethereum, Litecoin, Cardano, etc. each with its values and rules. Bitcoin is currently the most famous and acceptable cryptocurrency. For making payments with bitcoin, bitcoin is transferred from one digital wallet to another person using an application or website, and a unique bitcoin address. You get digital currency by buying it at a cryptocurrency platform. Cryptocurrency is gradually becoming a popular form of payment. However, despite the growing interest in cryptocurrencies, governments are taking strong measures against digital currency because it is decentralized, which means it does not have a central authority like the RBI. Some experts believe that cryptocurrencies pose a threat to central banks and national security. So why would anyone risk investing in an unregulated currency that faces potential digital threats? The **advantages of cryptocurrency** are significant and numerous. We know how cryptocurrency is helping to solve problems across the current financial system that nothing else could, such as depositing money into an account without a bank to seemingly trivial things like providing a more efficient way to buy a car. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/0rfq/f2sr) Are you looking for a reliable exchange to start your trading journey? Look no further. [Unocoin](https://unocoin.sng.link/Awg8j/0rfq/f2sr) is one of the most trusted trading portals for all. With a massive trading community of over 1.37 million merchants, Unocoin is the perfect place to maximize your profits. Shreya- [Unocoin](https://unocoin.sng.link/Awg8j/0rfq/f2sr) is one of the most trusted trading portals for all. With a massive trading community of over 1.44+ million traders, Unocoin is the perfect place to maximize your profits. **Benefits of cryptocurrency** As cryptocurrencies are evolving now, bitcoin has become a hot topic. The world witnessed sudden growth followed by a steady decline of bitcoin from 2017 to 2019, which sparked interest and education. Cryptocurrency is day by day becoming a part of our financial future. Since 2020, many Indians have started investing in cryptocurrencies. Covid 19 pandemic has led to the global economic crisis, which resulted in increased volatility and falling prices for traditional assets such as currencies, bonds and stocks. As a result, many people around the world have started investing in cryptocurrencies. The benefits of **cryptocurrency in India** could be gauged from the sharp rise in the value of cryptocurrency, primarily driven by popular virtual currencies such as Bitcoin (BTC) and Ether (ETH). The benefits of using cryptocurrency may open up new opportunities for some companies. **Potential** **Benefits:** 1. Trading cryptocurrencies is generally quick and easy. For example, bitcoin can be transferred from one digital wallet to another using only a smartphone or computer. 2. Every cryptocurrency transaction is recorded on a publicly available list known as the blockchain. A blockchain is a technology that makes it possible to keep track of the history of bitcoin so that the system cannot be cheated. 3. The blockchain aims to eliminate intermediaries such as banks and online marketplaces, which means there are no fees for processing payments. 4. Cryptocurrency payments are increasingly used in large organizations and sectors such as e-commerce businesses and pharmaceuticals. - **Easy Transactions** When you do business or deal with brokers or legal representatives, you need to pay extra commissions for each transaction. In addition, there is a lot of paperwork, brokerage fees, commissions, and other things to be done. When you use cryptocurrency, you don’t need an intermediary. In other words, it does not require a middle man. Transactions will take place one after another on a secure network. Transactions will be transparent and it will be easier for you to set up an audit trail. There is no longer any confusion about who will pay to whom. The parties who are involved in the transaction will know each other well. - **Asset transfers** One can use cryptocurrencies to transfer ownership of assets from one name to another by paying the seller in bitcoin. Everything happens in the blockchain ecosystem. It makes it easier to trade securely. The cryptocurrency will be designed to add third-party approval and may get completed in the future. If you are a cryptocurrency holder and have the rights to an account, you can reduce the time and costs associated with asset transactions. - **Confidential transactions** When you use credit or cash, the transaction history gets recorded. This record will be available to banks. Thus, whenever you make a transaction, the bank will record it. But you can control and check your account balance at any time when you want. When you do complex business transactions, there will be a lot of financial history checks. It is one of the reasons why governments feel threatened by digital currency. Cryptocurrencies are more confidential. Thus, it is a preferred form of payment for criminals who trade in illegal goods and services. The best part of using cryptocurrency is that every transaction you make with the recipient will be unique. You can agree on the terms of each transaction. The exchange of information depends on the push concept. You can only share the information you want to disclose with the recipient. The financial history will be completely confidential, and your identity will be secure. When you are doing transactions using a wallet, be sure to check the updated version of the bitcoin exchange platform. - **Low Transaction Fees** When you check your bank statement, you will see a transaction fee charged for every transaction you carry out. If you make a lot of transactions per month, the amount of the fee will be huge. The bitcoin miners will receive compensation from the crypto network. So there will be no transaction fees or low fees. If you outsource the maintenance of your crypto wallet to a third party, you need to pay for this service. However, the fees for transactions with cryptocurrency are lower than in the traditional financial system. - **Greater Access to Credit** Today, internet services allow people to transfer cryptocurrencies with much ease and security. People who have access to the World Wide Web(WWW) can use cryptocurrency services. They only need to know the cryptocurrency network. Though everyone has access to internet services, not many use banking or exchange services. It is now easier for interested customers to trade and transfer assets using the cryptocurrency ecosystem. - **Easier International Trade** Cryptocurrency provides an opportunity for individuals or international business parties to make one-to-one online exchanges without the complications and additional fees traditionally associated with exchanging currencies with intern ational third parties. You can buy cryptocurrencies in multiple currencies such as the US dollar, European euro, British pound sterling, Indian rupee, or Japanese yen. Use different crypto wallets to convert one currency to another by trading cryptocurrencies through various wallets. This one requires minimal transaction fees. - **Hold Individual Ownership** **In the traditional banking system, when a person dies, the money goes to the nominee. There is a possibility that the account will be closed if you violate the terms of service. The best thing about cryptocurrency is that you will be the individual owner of the private and public encryption keys.** - **Adaptability** Currently, there are over thousands of unique cryptocurrencies in circulation across the world. Many of which are short-lived but a significant percentage has been created for the specific use case. It is a great tool that illustrates the versatility of the cryptocurrency phenomenon. For example, if you have a privacy coin that hides your identity on the blockchain and supply chain tokens it can facilitate supply chain operations for various industries. - **Strong Security** When you trade with cryptocurrency, you cannot reverse it. A reliable encryption method is used throughout the cryptocurrency transaction process to protect from hackers and information tampering. Since all cryptocurrency transactions are automated and computerized, they are traced in a distributed ledger. The best part is that it cannot be manipulated by individuals or businesses, which greatly reduces the risk of fraud and corruption. Underdeveloped countries are also more likely to enter the financial trading game and improve their economies and social prospects. In addition, citizens can track where public funds go and thus have a say in their political climate. - **Decentralization** Blockchain will manage the database that stores the bitcoin transaction records. Decentralization will only affect two sides of a transaction: the sender and the recipient. You no longer need to deal with third parties. Thus, there will be no one to keep track of what you are doing. According to computer experts, any system that falls under the category of cryptocurrencies must meet the following requirements: 1. Lack of centralization and support through distributed networks 2. System for keeping records of electronic monetary units and their owners 3. The system decides whether new units can be created and if yes, the origin and conditions of ownership are defined 4. Ownership of a unit of cryptocurrency, which can be proven using proprietary cryptography. 5. The system allows transactions in which ownership of cryptographic units is changed. **FAQs** **Q.1. What are the benefits of cryptocurrencies for the global economy?** **Ans:** The **benefits of cryptocurrency** for the global economy are assumed to range from lower transaction fees when exchanging money online to better protect against identity theft due to its secure nature. Cryptocurrency also helps break down barriers to finance in developing countries. For example, cryptocurrencies are readily available via mobile phones in countries where there is no banking infrastructure. Thus, the **benefits of cryptocurrency on the economy** and social growth have had a noted impact by facilitating access to capital and financial services. **Q.2. What is the most useful cryptocurrency?** **Ans:** Bitcoin was the first cryptocurrency to come into existence and remains the most powerful until today. It is a very high-value and most preferred cryptocurrency by investors around the world. However, it is also very volatile, and its price fluctuates a lot at times. Some of the people who have invested in bitcoin over the past decade are now millionaires. In Indian rupees, the price of a single bitcoin never fell below 35 lakhs, and in 2020–21 it even reached higher. The world of cryptocurrencies is like a magical place but also full of risk as its very nature is really volatile. Unocoin being India’s first and most secure Crypto exchange platform provides you with a secure platform to do transactions. However, crypto transactions are irreversible in nature so all transactions should be done with precaution. In case of an unintended transaction, no one can be held responsible and a lost asset is lost forever. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** [https://t.me/+fas QhTKBsfA5N2Zl](https://t.me/+fasQhTKBsfA5N2Zl) - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin Listed 1Inch cryptocurrency token (1inch)](https://blog.unocoin.com/unocoin-listed-1inch-cryptocurrency-token-1inch/) **Published:** November 16, 2021 **Author:** Unocoin Growth **Content:** Lately, there has been a lot of interest and conversation about cryptocurrencies and blockchain networks. Though it is being spoken about a lot, it is still unclear to the masses, what crypto and blockchains are, what they do and why it is important to know them? There is a widespread misconception that cryptocurrency is just a new concept that came around the block which is being traded upon for money. However, crypto and blockchain aim to be way more than just another way of value exchange or data handling code. They want to pave the way to the future of humanity’s current ways of data handling. That includes value exchange in it too. At [Unocoin](https://unocoin.sng.link/Awg8j/lxp2/3o7a), we want to give our customers the best possible platform where they can invest in quality and real use case crypto coins and assets. And as the result of our continuous efforts for the same, we are happy to list another token called the 1inch token. ![Unocoin Listed 1Inch cryptocurrency token (1inch)](https://cdn-images-1.medium.com/max/800/1*Y0rOzktIEC3XkV6Ji5-DMQ.jpeg)The 1inch token is a network product whose first protocol is a decentralized exchange aggregator solution with an advanced algorithm to search over 33 liquidity protocols. The 1inch Aggregation Protocol incorporates a pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum and various other networks to search for deals across multiple liquidity sources, offering users better rates than any individual exchange. In just over two years of operation, they’ve crossed $80 billion (INR 59,46,92,00,00,000.00) in overall trading volume just on the Ethereum network alone. In December 2020, they released a token for their network, the 1inch token. These are the governance tokens that come with the benefits of giving rights to the people in this network to have a say in every aspect of the functioning and every basic protocol of the network. They are releasing these tokens gradually over 4 years (starting from Dec 2020) and have a market cap of 1.5 billion tokens. The most important attribute of these tokens is what they call instance governance. This means that anyone who enters the network, irrespective of how small the value of their stakes is, everyone can vote and have a say in even the most basic and default settings on which the network’s protocol works. Currently, the main application of 1INCH as a utility token is in the 1inch Liquidity Protocol where it is used as a connector to achieve high-efficiency routing. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is the referral program at Unocoin?](https://blog.unocoin.com/what-is-the-referral-program-at-unocoin/) **Published:** November 19, 2021 **Author:** Unocoin Growth **Content:** Referral programs are a great way to appreciate existing customers. Referral loyalty points may be a one time gift or a running and passive form of earning for existing customers. While these points or earnings may or may not be a real-time currency, they can get the users some amazing deals and offers. The discounts or points can be a form of digital currency that can only be used on that particular website or channel and not outside the ecosystem. ![What is the referral program at Unocoin?](https://cdn-images-1.medium.com/max/800/1*ziqwojQsh6qSm4R7CROG9Q.jpeg)People who are existing customers are a great source of credibility. They are marketers who spread the word, through word of mouth. Since they are an asset to any organisation, the organisation appreciates the efforts put in by their customers to attract more. Unocoin, which is India’s first and most secure cryptocurrency brand, is one such platform that offers the Refer and Earns feature on its platform. This article is a step by step method for existing users to understand the process and be able to invite their personal or professional connections to join Unocoin. Hence, this can set up their running and never-ending earning method. If you are an existing customer at Unocoin, read on to find out how you can enrol for this loyalty program. To ‘refer and earn’ at Unocoin, it is mandatory to have a verified account on Unocoin. To get started: 1. Visit [www.unocoin.com](http://www.unocoin.com.) Enter your credentials and login into your account. 2. Click on the menu button and then on settings. Scroll down and you will see the referral button, click on it. 3. Alternatively, on your Android or iOS device, click on Unocoin’s app icon. Enter the 6 digit passcode to log in. 4. On the entrance page, you can see the ‘**Refer and Earn**’ button. Click on it to gain access to the ‘Refer and Earn’ page. Alternatively, you can click on more and look for the ‘Refer and Earn’ button. Through Unocoin’s referral program, you can regularly, as a gift, earn 15% of the transaction fee that Unocoin charges from your referrals. This scheme is not a one-time referral scheme, but a running referral scheme that works for all the transactions done by your referred connections. You should be a verified member to refer your friends to Unocoin. Kindly note, as this is given as a gift, there won’t be any **TDS deductions** and you will be responsible for your taxes, if any. Unocoin reserves the right to change or cancel this program anytime. Unocoin cannot add the referrer to your already-present account. Below this, you can see a text box to enter your phone number or email ID. 5\. Kindly enter a valid phone number or email id. If you enter a number or email id that is already registered with Unocoin a pop-up will appear which reads, ‘This user is already registered on our platform.’ Clicking on reset will clear the text field. 6\. You can see your code next to the reset button. Your code cannot be edited and is unique. You can copy your code by clicking on it. You can use the below-mentioned platforms to share your referral code: 1. Whatsapp 2. SMS 3. Mail 4. Airdrop (in case of an iOS device) Below this, you will be able to see the invitation history and all your sent invites. Your connection will receive a link to install the app. Once they click on the link, they will be redirected to install the application on their device. For the sign-up, your connections can enter your unique referral code in the referral code field. Once they have successfully signed up and completed their KYC process, they can start trading on Unocoin’s platform. If your connection buys or sells BTC or ETH, they will have to pay the transaction fee corresponding to the transaction they would be performing. You will get 15% of the transaction fees incurred by your connection(s). ### How to view your earnings: To view all of your earned commissions, click on the **History** button which can be found under the Wallet button. Look for the word **Referral** under all transaction history results to be able to see the details about your referral income. ### Why refer and earn? Unocoin makes sure that every transaction is tracked on a real-time basis and is made available to the customers as well. There is also no restriction on the number of invites you can share with your connections. The more people you invite, the more would they trade. The more they trade, the more you earn from their transactions. ### Finally: We hope this article has helped you get a clear understanding of the ‘Refer and Earn’ program along with its benefits at Unocoin. Visit [www.unocoin.com](http://www.unocoin.com/) to start trading. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** [https://www.facebook.com/uno coin/](https://www.facebook.com/unocoin/) - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin Listed Nexo cryptocurrency token (Nexo network)](https://blog.unocoin.com/unocoin-listed-nexo-cryptocurrency-token-nexo-network/) **Published:** November 23, 2021 **Author:** Unocoin Growth **Content:** There are many new blockchain-based networks, cryptocurrencies and tokens coming up every day. While a lot of them have various objectives like becoming a new way to value exchange or even being the best among the blockchain and crypto networks, Nexo functions as a bridge between the crypto world and the financial world. ![Unocoin Listed Nexo cryptocurrency token (Nexo network)](https://cdn-images-1.medium.com/max/800/1*f6x3xpEy0eEUs8ZkmlPvpw.jpeg)The Nexo network mainly is a Blockchain-based lending platform that offers users instant loans, keeping our crypto assets as the collateral. The loans can be taken at once or in small amounts at your convenience. Slowly, Nexo is evolving and bringing professional financial services to the world of digital assets, like a bridge between the crypto world and the financial world. The Nexo token is the Digital world’s native token, which brings token holders numerous benefits on the Nexo platform. The Nexo network is way more than just a lending platform. It can be closely compared to a conventional bank, providing almost similar services, while having the advantage of being a digital currency and in a blockchain network. The NEXO Token holders receive up to 12% interest per annum on the NEXO Tokens and other crypto assets. These assets can be in both the Savings and Credit Line wallets of the Nexo network. These interests are paid out daily. Owning more Nexo tokens unlocks the full potential of Nexo, fetching higher earning rates and the lowest borrowing rates. You get a title called ‘Loyalty Tiers’ based on the number of Nexo tokens you own. They are called BASE, SILVER, GOLD and PLATINUM. All the information you need about the tier system is explained on their website in simple and easy terms. The lending process is simple. All you need to do is deposit your crypto assets into a Nexo controlled wallet, in your Nexo account. You can then use this as the collateral for the loans. You can get this loan directly and instantly in the form of fiat money in your banks. The Nexo network aims at enabling people to harness the value of their crypto assets, and bridge the gap between the normal financial system and cryptocurrencies, to build a better financial system. They provide various services like: - Rendering support to all the major crypto networks to initiate buying and trading. - To be a medium in allowing the exchange of our assets between different crypto coins and more. - They even have their own Nexo card which works like a debit or a credit card, so that you are able to use crypto assets. Humans have always been looking for ways to improve everything. Crypto and blockchain lean towards being the future of value exchange. Nexo is one of the developments towards this change and our current banking systems. You can enjoy Nexo’s benefits and advantages by investing in it on [Unocoin’s](https://unocoin.sng.link/Awg8j/mufa/k4kf) platform. Visit [www.unocoin.com](http://www.unocoin.com) or [download the application](https://unocoin.sng.link/Awg8j/mufa/k4kf). [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What to expect from the Crypto bill and how to be prepared?](https://blog.unocoin.com/what-to-expect-from-the-crypto-bill-and-how-to-be-prepared-2/) **Published:** November 25, 2021 **Author:** Unocoin Growth **Content:** With over 2 crore crypto investors who have invested a whopping 10 billion dollars worth of the economy, right now, there’s a dark cloud over the crypto-system amid the possible inclusion of a crypto bill by the Government of India. A topic of a bill on regulating cryptocurrency has been making rounds for several weeks, with still a lot of uncertainties regarding what would be permitted and what would not. ![](https://cdn-images-1.medium.com/max/800/1*9xt4EkuIax5MuJUwIPbZNA.jpeg)Implementation of a bill wouldn’t cause many changes in the global crypto economy since the system of crypto isn’t just limited to the geographic region of India but also on a worldwide scale. With any kind of bill regulating cryptocurrency, it would instead setback the system of startups that are blooming in India. A lot of startups have invested in cryptocurrency and are dependent on it for its monetary income to function properly as an entity in society. With the government’s main objective to regulate the flow of the economy and control the illegal trades, which are all-time high now and steadily increasing, we also can’t conclude, already, that the crypto bill is unnecessary or unwanted, considering the main objective and goal of the crypto bill in the first place. A body to govern and bring down the illegal trades must be implemented to prevent innocent people or naive traders from losing a lot of money to crypto, due to the hype around holding a cryptocurrency. As we already know, the entire system of crypto itself has no body or entity to monitor or to regulate, it’s unpredictable on the future outcomes. The government’s objective is to also prevent the economy from pouring into terrorism or illegal activities that can compromise the security of the nation. We can’t eliminate the possibility of having a crypto bill that would prevent such investments into unlawful activities but can be controlled to some extent. With over-promising advertisements by few organisations and non-transparency over the crypto market, the government stringently felt such attempts to lure the youth should be stopped. With improper knowledge and haste, a large section of the youth community has been investing in cryptocurrency with no proper prerequisite knowledge and exposure but instead are just making attempts to join the bandwagon for the hype around holding a cryptocurrency. With the Parliamentary Standing Committee on Finance having discussed the pros and cons of the crypto market with various stakeholders and investors, several expressed their side in favour of regulating the cryptocurrency exchanges rather than a total ban on such currencies. These included BACC (Blockchain and Cryptos Asset Council), CII (Confederation of Indian Industry) and ASSOCHAM (Associated Chambers of Commerce and Industry of India). This is a good sign for crypto exchanges and lovers for two reasons, had the government been on the staunch opinion to ban cryptocurrencies, they would not have entertained talks and discussions with the crypto committee. Second, the government has a decent interest in launching its digital currency which would be backed by fiat currency and monitored by the central bank — the RBI reserve bank of India). This shows that the immediate ban is not to be assumed. There has been a discussion going on for quite a few days in the past week, and also multiple times in the last 5 years. Two more things to notice here is that these discussions are happening after the entire world’s economy was traumatised due to the COVID-19 pandemic. If the government found this as a threat to the existing economy, this discussion would have never been entertained by the Ministry of Finance. Second, the present government supports bringing the entire nation under one digital finance umbrella. All these factors are keeping the hopes of pro-cryptocurrency high. Finally, something that’s not to be forgotten, the entire revolution of pay money online, pay from your smartphone, and **go cashless** was encouraged by the current government itself. The discussion also leads to talks around scrutinising private cryptocurrencies. There are still glooms around what does the government panel means by **private cryptocurrencies**. These could mean: 1. A digital currency that is not regulated by RBI or GOI. 2. A digital currency that is not regulated by any nation’s government in the entire world. or 1. A digital currency that is not backed by a fiat currency like USD. 2. A digital currency that is not backed by gold or similar commodities. As far as these definitions are not set or defined by the government, it is difficult to predict the future of cryptocurrencies or exchanges. With the bill being pushed slowly into the scene with two main objectives, we can’t possibly argue that a crypto bill is going to be a loss for the investors. The bill is being proposed as the main idea to reduce the organisations that are luring the youth into over-promising situations in return for money and also to regulate the flow of the economy to avoid and block investments into unlawful activities. It would be a loss to investors who are specifically indulged in investing economy into unlawful activities such as terrorism, trafficking or any activity that brings a threat to the life of an individual or a country by choosing cryptocurrency as a channel of the flow of economy from one end to another end. This isn’t the first time that rounds of a crypto bill are going around. This has happened previously when Rakesh Jhunjhunwala expressed his concerns over uncertainties of cryptocurrency and suggested the regulatory body ban cryptocurrency in India. *“The power to issue currencies should only be with the state and it should be taken away from others. The biggest sovereign right is to issue currency. The regulator must ban cryptocurrencies in India,”* he said. Many such influential personalities have also expressed their concerns and worries regarding the high volatility function of crypto and it still being expressed as a currency or a mode of payment has raised a lot of eyebrows. A body to govern the flow of crypto has always been raised as a demand but the global presence has made it incredibly hard and challenging how and who would monitor and regulate the cryptocurrency. It would be quite challenging to even imagine how a body would be formed. If by chance a regulator body is formed, the responsibilities and duties of such bodies are painstakingly high due to the global presence of crypto investors all over the globe. This isn’t the end. Several thousand new investors are joining the crypto ecosystem every day. The ever-increasing number of investors makes it incredibly hard for a body to control and regulate the complete ecosystem of cryptocurrency. ### In the worst conditions, what to expect if a ban is imposed? All kinds of transactions that take place between your bank and crypto exchanges would eventually be stopped and users would not have a choice to either have a fresh investment or liquidate the already existing investment. But an immediate ban is very unlikely to happen due to the presence of over 2 crore crypto investors in India. It is expected that a period shall be provided to everyone by the government during which investors would be able to sell and liquidate their investments made in the cryptocurrency. After which, all kinds of transactions related to cryptocurrency would be banned and completely stopped. With the winter session approaching us soon, there isn’t much time to completely research what to expect from the crypto bill until the complete details of the bill are published on a public platform. The inclusion of opinions and suggestions of several stakeholders and investors are being taken into this decision regarding the bill as it has a wide-scale effect on the entire cryptocurrency market of India. This also houses 10 billion dollars worth of crypto. With time, we shall soon know the complete details of the bill that’s being proposed to regulate cryptocurrency. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [The Bitcoin Network is getting better with every block](https://blog.unocoin.com/the-bitcoin-network-is-getting-better-with-every-block/) **Published:** November 26, 2021 **Author:** Unocoin Growth **Content:** *Taproot is the proof that Bitcoin is evolving and that it is getting better block by block.* Here’s something to think about. Did you know? Bitcoin is the first and only truly decentralized technology that powers today’s most innovative monetary system. While things are seamless, we must also understand that any change to the system requires consent and approval from the entire bitcoin network community. This includes Miners, protocol developers, wallet developers, HSM developers, retail users, institutional users, exchanges, custodians, etc. Thus, making an upgrade is a big deal and so is Taproot. The Bitcoin network has activated Taproot, thus opening doors for the future of innovation in the Bitcoin world. ![Taproot is the proof that Bitcoin is evolving and that it is getting better block by block.](https://cdn-images-1.medium.com/max/800/1*7B-TKvBARsHx4THhUGEKtA.jpeg)The technical concept of Taproot activation is a bit tricky as it requires high technical knowledge to understand it in depth. We won’t bore you with the technical details of the Taproot up-gradation, whose network is activated at the block height of 709,632 and is carried out by BIP341 and BIP342. Now, let’s get to the point as to why the Taproot upgrade is important for everybody. For any blockchain project, three things that have to be maintained are Security, Scalability, and Decentralization. Bitcoin has done pretty well in all three, but as technology evolves the network has to evolve along with it. Taproot just did that by improving privacy, efficiency, and flexibility. ### With Taproot, you can now write more complex Smart Contracts on Bitcoin Network As bitcoin and crypto are evolving, it is not just changing the financial industry, but also every other industry. When Bitcoin first evolved, the idea was to make payment peer-to-peer without any intermediaries, but today we have Ethereum, Cardano, and many other blockchain ecosystems that can be used to build other blockchain projects. **Smart contracts are nothing but automatic execution protocols on if-then conditions.** This is a big deal as many blockchain projects like decentralized finance (DeFi), dApps, and NFTs are nudging the industry towards becoming mainstream. Smart contracts will play a major role in this and Bitcoin networks will now allow their users to write more complex ones. ### The transaction is getting more private on Bitcoin Network Privacy is an important matter and when it comes to your finances it supersedes everything else. Taproot improves the privacy of Bitcoin by revealing just the standard transaction involving multiple addresses, instead of revealing all possible conditions for spending your bitcoin. This provides greater anonymity and privacy for transactions involving multiple signatures. This may not be a huge concern for most people, but as Bitcoin and blockchain technology advocate for privacy, more self-sovereignty, and freedom, getting the transactions more private is a big thing. This cannot be achieved through regular banks. ### The Speed and Efficiency of every Bitcoin transaction are getting better. The most important feature of the Taproot activation is — speed and efficiency. Instead of all possible conditions for spending your bitcoin, only the standard transaction involving multiple addresses is revealed, counting for fewer data to process and store. This helps the transactions work more efficiently, consuming less energy and increasing the speed of transactions. The speed and efficiency of transactions are becoming less expensive, thus helping the future of the bitcoin network, as the fees are bound to reduce. Ignore the noise and stick to the principles, Taproot just laid down the foundation for the future of innovation in the Bitcoin Network. Changes are hard to make, but it opens doors for innovation. The activation of Bitcoin block 709,632 which is the taproot up-gradation, happened after more than four years from the last network update. This was a huge achievement for the entire bitcoin network community. When one looks at the history and ignores the unnecessary noise, you will see that Bitcoin has proved itself from time to time. For a more detailed coin analysis, [Unocoin](https://unocoin.sng.link/Awg8j/ngaq/8xnb) has one of the best crypto analytical platforms called InTotheBlock which analyzes and breaks down the most important aspects of any cryptocurrency for you. Sign up and get a bonus of 100 INR worth of Bitcoin for reading till the end. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Call it Crypto Assets!](https://blog.unocoin.com/call-it-crypto-assets/) **Published:** December 4, 2021 **Author:** Unocoin Growth **Content:** Not just India’s crypto investors, but also people across the globe were curious to know what the winter session of the bill has in it for them, with regards to the cryptocurrency world. ![](https://cdn-images-1.medium.com/max/800/1*xYvMpk-NXpyBdErNpTXXFA.jpeg)The exchanges, the investors and all the pro-crypto communities were eyeing the bill to see how difficult or easy it is going to be for them to continue trading in cryptocurrency. There were speculations that the government might take a staunch stand on banning crypto, just like the Chinese government did. But wait! There seems to be better visibility of what was discussed around cryptocurrencies this time. The rumours around a complete ban don’t seem to be on the list. However, as proposed by the BACC (Blockchain and Crypto Assets Council (BACC) during the last weeks of Nov 2021, there is a provision for the regulation of private cryptocurrencies. As highlighted by the BACC, banning cryptocurrency could lead to more illegal and unlawful activity. The best way to regulate the use of digital assets would be to get them regulated. There has also been news that cryptocurrencies would be considered and called crypto assets. Also, for a body to regulate these new-age currencies (or assets), SEBI (Securities and Exchange Board of India) would most likely take ownership of the same. Calling the cryptocurrencies as assets and categorising them as a \*security\* tool and regulating them under SEBI will make sure they do not create any hindrance to the currency launched by the RBI. The exchanges that are built from and around crypto assets will have to abide by the regulatory ambit set by SEBI. If there are any volitions from the exchanges they might have to pay a penalty ranging from 5 to 20 crores. The exchanges are expected to register themselves with SEBI to help the government ensure that only serious and legit exchanges are sustained in the market. And by doing so the mushrooming of exchanges will be kept under control. Since there seems to be no overlap between the RBI’s local currency and crypto assets, the bill is expected to be presented in the third week of the winter session. What does SEBI have to say about this? Well, it does not seem as straightforward as it sounds. SEBI has shown resistance to taking up an interest in such a volatile and sensitive subject as cryptocurrencies. One of the reasons is that they have never set regulations for any form of \*asset\* or \*currency\* that is not backed by a strong tangible asset. With this bringing in some sort of clarity, the final say remains with the parliamentary board. Let us keep our hopes high and wait for the bill to be passed. But before any formal communications come up, [Unocoin](https://unocoin.sng.link/Awg8j/wkbm/oepy) being the most secure crypto asset exchange platform, wants all crypto lovers to be aware and not blindly believe rumours around the law and the bill. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin has listed the Dogecoin Crypto Asset](https://blog.unocoin.com/unocoin-has-listed-the-dogecoin-crypto-asset/) **Published:** December 16, 2021 **Author:** Unocoin Growth **Content:** People are working dedicatedly on crypto assets and blockchain, which came into existence to solve problems in the existing monetary systems. Dogecoin is a crypto asset that’s just like a fun-loving kid, among the whole system. Yes, it is important to find solutions to problems and have advancements to existing systems, but the creators of Dogecoin had a whole different idea behind creating this coin. It was to create a fun, lively community of enthusiasts. ![](https://cdn-images-1.medium.com/max/800/1*2HO7HzJNH1LMVG7kAtozjQ.png)Dogecoin was started in December 2013 by Jackson Palmer as a joke to mock numerous Altcoins being created at that time. He even tweeted that he had invested in a coin that was based on a very popular meme about the Shiba Inu dog, as a joke. Dogecoin is an Altcoin that is based on Litecoin’s (another Altcoin) proof of work hashing algorithm, the Scrypt method. When created it had a cap of 100 billion Dogecoin. Later on, this limit was removed, and now the network allows unlimited supply and mining of Dogecoin. Dogecoin comes with many advantages in itself like: - **Speed and cost** — It has fast transactions (as the result of the Scrypt algorithm it uses) and low transaction fees. Since Dogecoin was so cheap, people started using this as a token to tip on Reddit and other platforms as their way to appreciate good content, posts or anything they liked. - **Unlimited supply** — Originally the Dogecoin was capped at 100 billion coins, but it was later changed to an unlimited supply. That keeps the price relatively stable and low. - **Community** — Dogecoin has a very lively and fun community. They have raised funds for many noble causes in the past. They raised more than $25,000 in Dogecoin for the Jamaican bobsled team to the 2014 Olympics. This helped them participate in the Olympics that year. They also came together to raise money for charity to help improve facilities for clean water access in Kenya. Since the Dogecoin stays stable and is supported on many exchange platforms, it is being used by people as a medium to switch between different exchange platforms and coins. Dogecoin’s unlimited supply limits the coin’s potential to have a high value per unit, like bitcoin or Ethereum. So this isn’t a coin to be considered for a long term investment. Still, Dogecoin comes with all the above-mentioned benefits and we can even be a part of its nice community. Dogecoin is currently one of the very popular coins and has even been noticed and spoken about by Elon Musk. Though Dogecoin had no intention to become so huge, the trends and the internet fueled it and made it this big. This is not any financial or investment advice, but we cannot predict where this trend will land the value of the coin. To trade Dogecoin at [Unocoin](https://unocoin.sng.link/Awg8j/o3hg/i8im), you can download the [Unocoin](https://unocoin.sng.link/Awg8j/o3hg/i8im) application or sign up at [www.unocoin.com](http://www.unocoin.com/). [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Shiba Inu: Crypto Meme coin that gained more than 14,000,000% in just 15 months.](https://blog.unocoin.com/shiba-inu-crypto-meme-coin-that-gained-more-than-14000000-in-just-15-months/) **Published:** December 20, 2021 **Author:** Unocoin Growth **Content:** If you invested 1000 INR in SHIB in August last year, you can comfortably retire by now! It’s a wild wild west here! In just 15 months, the Shiba Inu token has gained more than 14,000,000% and this is mostly driven by the community and not utility. If we do the math, with $100 ~ 7506 INR investment into SHIB on 1st August 2020 by November 2021 it will be $14,045,094. That’s a hooping 14 Million ~ 105 Crores. For Shiba Inu dog, media houses, tweets from Elon Musk have fueled the “DOGE KILLER”, SHIB’s historic rise. ![Shiba Inu: Crypto Meme coin that gained more than 14,000,000% in just 15 months.](https://cdn-images-1.medium.com/max/800/1*MYB0gvycwEz1wvD8jsQhWg.png)#### What is Shiba Inu (SHIB)? Shiba Inu turned out to be the name of a special dog. After the rise of Bitcoin, in one sunny afternoon in 2013, a lazy and bored Software Engineer from California created a cryptocurrency meme coin named DOGE after the dog Shiba Inu, which is nothing but a fork from Bitcoin source code. With the dog’s image on it, it has inspired millions of people around the world to invest their money. Fast forward to 2020, a pseudonym “Ryoshi” with the Shib army created Shiba Inu, the “DOGE KILLER”. Unlike other cryptocurrencies like Bitcoin, Ethereum, SHIB is purely community driven and has zero utility in the real world. It was created in the aftermath of the US stock market’s historic rise with GameStop and AMC stock value exploded seemingly overnight amidst the Covid19 pandemic. If this event has to teach us anything, it is that the world is becoming more decentralized and we can already see this in DOGE where the majority of the investors are retail and first time investors. The creator and founder of Shiba Inu, Ryoshi, has one particular vision. To have a cryptocurrency project that is 100% run by its community. And there are three fundamental principles why the community created Shiba Inu, - They started from zero, with zero. And they aim to create something out of nothing. - The brilliant minds behind SHIB had never collaborated before. The community never really existed and they came out of nowhere to join the SHIB army. - They all love Shiba Inu Dogs. Love it or hate it, their meme coin has something noble in itself. To create excitement for the future by bringing the community together without any discrimination. Just like the creator of Bitcoin, the creator of Shiba Inu under the pseudonym “Ryoshi” is little known to the world. Just as it is for the community, the SHIB Armies invites dog-inspired artists from around the world to collaborate and create an “artistic Shiba movement” in the NFT market. The community also encourages people to donate their earned money to feed street dogs and care for the homeless around the world. With more than 589 Trillion Shiba Token in total supply, over 549,043 Billion tokens are already in circulation with a current market value of more than $16 Billion(29 Nov 2021). Interestingly, the Shib community locked 50% of the total token supply and threw away the keys. The remaining 50% was “burned to Vitakil Buterin” the creator of the Ethereum blockchain that powers the Shiba Inu token. Vatalik sent 50 Trillion SHIB tokens worth $1 Billion to India’s Covid Crypto Relief Fund during the peak crisis of Covid second wave in the country. With that said, Unocoin has now listed SHIB tokens on our exchange and one can trade USD/SHIB pairs from now on. At [Unocoin](https://unocoin.sng.link/Awg8j/8cgd/z19z), we love sharing information related to the latest trend in crypto blockchain and related projects, and all our resources should be taken as educational information and not as financial advice. Crypto is still an unregulated asset and as such any individual should Do Your Own Research (DYOR) or consult certified financial experts. If you are looking to invest in Crypto for the first time, here is a bonus for you. [Unocoin](https://unocoin.sng.link/Awg8j/8cgd/z19z) is giving 100 INR worth of Bitcoin for every new sign up to kick start your crypto journey with us. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - App store link: - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [10 Most Popular Cryptocurrencies Other Than Bitcoin](https://blog.unocoin.com/10-most-popular-cryptocurrencies-other-than-bitcoin/) **Published:** December 26, 2021 **Author:** Unocoin Growth **Content:** With the introduction of various cryptocurrencies, many traders feel perplexed about which one to choose for higher returns. Various cryptocurrencies other than Bitcoin are highly valued, from Ethereum, Cardano, to EOS and Ripple, there are about 6000 and above cryptocurrencies in existence. In this article, you will find out the top cryptocurrency list to make your selection easier. ![10 Most Popular Cryptocurrencies Other Than Bitcoin](https://cdn-images-1.medium.com/max/800/1*iB4WG5G7noCXBi0grEPtOg.jpeg)### Popular cryptocurrencies: An outline When people speak about cryptocurrencies, bitcoin earns all the limelight. However, it is not the only cryptocurrency in circulation, but it is a trendsetter for other influential digital currencies built on a decentralised peer-to-peer interface. Also, cryptocurrencies usually get ranked by their market capitalisation, and it is a direct representation of investor’s risk-taking capacity. Although behind the cryptocurrency statistics, for every cryptocurrency, there are more complicated narratives. Each possesses it’s technological characteristics and their appeal to customers, cryptocurrency shares and unparalleled backstories. Unocoin is one of the best cryptocurrency trading websites in India. It is one of the most extensive ecosystems of crypto traders that assist investors in trading bitcoin, Ethereum and various other cryptocurrencies seamlessly and help complete crypto trading with satisfaction. ### An introduction to cryptocurrency A cryptocurrency refers to digital or virtual money that exercises the form of coins or tokens. Also, being a decentralised platform, blockchain-based cryptocurrencies enable people to engage in peer-to-peer commercial activities or access contracts. This holds the potential to agitate the existing economic system and democratise investment. In addition, the size of the cryptocurrency expanse has risen exponentially in the preceding decade, with the latest innovations and a cumulative market capitalisation of approximately $3 trillion. ### Top 10 Cryptocurrencies other than Bitcoin The majority of cryptocurrencies in modern times use a censorship-resistant architecture and open-source code. This implies that anybody can replicate and tweak the cypher and design their new coin. It likewise indicates that anybody is free to enter its interface or transact in it. Mentioned here is a comprehensive cryptocurrency list that you can trade in for better returns. 1. Ethereum (ETH) The initial name in this cryptocurrency list is Ethereum. Ethereum refers to a decentralised software network that facilitates decentralised applications (DAAPS) and smart contracts developed to operate without fraud, downtime, restraint or control from a third party. The purpose behind Ethereum is to build a decentralised series of commercial goods that any person across the globe can unobstructedly access, regardless of ethnicity, nationality, or faith. Unlike bitcoin, which investors principally see as a reserve of value, Ether’s worth stems from its enablement of smart contracts in decentralised apps. Most Decentralised Finance (Defi) designs get developed on Ethereum. Also, Ether’s stock is unconstrained, indicating that the cumulative quantity of Ether coined is still uncertain but will be defined by Ethereum’s community members. 2\. Binance Coin (BNB) Binance coin (BNB) is another cryptocurrency in the top cryptocurrency list, founded by Changpeng Zhao. Binance is a preeminent global exchange for purchasing and marketing cryptocurrency. The BNB token was built to expedite activities on the Binance interface, enable users to pay their trading charges and access other goods and services, such as Binance’s decentralised market. In addition, the users of BNB fancy lower trading charges on Binance than those spending in other cryptocurrencies. Since its formulation, BNB’s notoriety expanded past its efficiency on the Binance exchange, day traders and drawing speculators. **3. Cardano (ADA)** Cardano was endowed in 2015 by Charles Hoskinson, a network specialist and co-founder of Ethereum, who abandoned the project over disputes with its other founders. Cardano’s cryptocurrency, ADA, remains guarded by a proof-of-stake protocol termed Ouroboros. This operates permissionless and permission-based blockchains on the network. The association carried out comprehensive analysis and experimentation, recording over 90 articles on blockchain technology. **4. Litecoin (LTC)** Litecoin (LTC), established in 2011, was among the leading digital currencies to follow in the footsteps of Bitcoin and has customarily been recognised as the silver to Bitcoin’s gold. This digital currency was founded by Charlie Lee, a former Google technician. Litecoin operates on an open-source global payment system that does not get governed by any central authority or bank and uses “scrypt” as proof of work (PoW), which can further get decoded with the support of high-level CPUs. Although Litecoin, in various designs, is comparable to Bitcoin, it contains a more flexible block production pace and consequently bestows a more accelerated trade validation interval. Other than developers, there is an ever-widening quantity of universal traders that admit Litecoin as a payment method. **5. Tether (USDT)** Tether (USDT) is the premier and most thriving stablecoin in the top cryptocurrency list. This cryptocurrency aims to guard its exchange rate to a coin or additional outside source to decrease volatility. Since several cryptocurrencies, including Ethereum and Bitcoin, faced several days of intense volatility, Tether (USDT) and various other stablecoins attempt to smoothen cost modifications to attract traders who may otherwise be suspicious. Endowed in 2014, Tether (USDT) describes itself as a blockchain-aided platform designed to digitally facilitate the use of fiat money. Tether’s price remains connected undeviatingly to the rate of the U.S. dollar and, this method aids traders to make transfers from other digital money back to U.S. dollars promptly than shifting to the conventional currency. **6. Bitcoin Cash (BCH)** Bitcoin Cash (BCH) owns a prominent place in the cryptocurrency field as it is one of the pioneers and most prolific hard forks of Bitcoin. In the cryptocurrency business, a fork occurs as the outcome of negotiations and conflicts between crypto developers and miners. Due to the decentralised nature of digital currencies, notable adjustments to the code containing the coin or token must begin due to agreement as the mechanism for this process varies as per the particular cryptocurrency. 7\. **Libra** Libra is yet another famous cryptocurrency created by Facebook. This digital currency intends to get used as a low-fee, simplistic global currency. It will fundamentally remain a digital currency on smartphones, which individuals can utilise to make payments where digital payment remains supported. Libra gets supported by an asset container that bears all the leading digital currencies. Libra, primarily intended to get embraced as an uncomplicated medium of exchange across the world. Additionally, the support that it receives from the asset container presents it with the much-needed value assurance and considerably improves the effectiveness of the currency to get used for everyday transactions. However, while the original series remains attached to its original code, a brand-new chain grows as a brand-new variant with an entirely distinct cryptogram, according to cryptocurrency statistics. **8. Monero (XMR)** Monero (XMR) is a secured, private and untraceable open-source cryptocurrency established in April 2014. Immediately after its conception, this digital currency soon garnered high interest among crypto enthusiasts and investors. The development of this cryptocurrency is solely for donation-based and community-driven purposes. Moreover, it originated with a specific concentration on decentralisation and scalability and promotes widespread privacy using a different method termed “ring signatures.” With this method, a combination of cryptographic tokens appears on cryptocurrency shares. Nevertheless, the trustworthy one cannot get distributed since they all seem genuine. 9\. **EOS** EOS is another common cryptocurrency in recent times. Originated in 2014, EOS got developed by Block One, a corporation that built an open-source software identified as [EOS.IO](http://eos.io/). EOS cryptocurrency tokens get employed as a payment system on the interface. This cryptocurrency supports centre functionality that allows businesses and people to develop blockchain-based applications in a process comparable to web-based applications. Moreover, EOS confers guarded permits, authentication and access, data hosting, usage control, and communication between the dApps and the Internet. This digital currency gets upheld by a web toolkit repository that attempts for hassle-free app development. Furthermore, EOS is seen as a close competitor to Ethereum, aspiring to be more powerful, stable, and agile. 10\. **Ripple** Ripple is a blockchain-based technology that works as both a digital payment interface and cryptocurrency for economic activities. Commonly identified by its crypto token, XRP is the initial cryptocurrency for commodities created by Ripple Labs. Its products get employed for asset transfer, debt settlement, and transmittal systems that function more like assistance for universal funds and security variations adopted by banks and financial institutions systems. ### The bottom line To summarise, we can state that investing in cryptocurrency is a high-risk venture. Also, even when there are various prominent crypto players, it is challenging to predict the best one from the cryptocurrency list above. This is why it is invariably a reasonable choice to spread risks by investing funds in more than one digital currency. FAQs 1\. How to pick the best crypto exchange for yourself? When looking for the best crypto exchange, it is always prudent to compare all the leading ones and analyse them based on their transaction charges. 2\. Which cryptocurrency is best for beginners? Even when you are a beginner, investing in Bitcoin can be the most rational decision. Given its security and higher returns, Bitcoin can preferable for beginners 3\. How can I get crypto without fees? There are numerous platforms online that can help you trade in crypto without or a low fee. Also, platforms like Unocoin can help you get the best deals on trading in digital currency. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Unocoin listed Injective Protocol, Keep network and Aave Token](https://blog.unocoin.com/unocoin-listed-injective-protocol-keep-network-and-aave-token/) **Published:** December 29, 2021 **Author:** Unocoin Growth **Content:** ### What is ERC-20? We at [Unocoin](https://unocoin.sng.link/Awg8j/smcd?_dl=unocoin%3A%2F%2F) are excited to announce that we have listed three ERC-20 tokens recently. Before we share what are the new coins that we have listed, let’s first know more about Ethereum and ERC-20. ERC-20 tokens are crypto-assets that exist on the Ethereum blockchain. ERC or simply Ethereum Request for Comments is a guideline or standard for when you want to create your token. You must be knowing that the Ethereum blockchain has a smart contracts composability feature where anyone can write their smart contracts to create their tokens. Smart contracts are nothing but terms and conditions in an ‘if-then’ statement that allows protocols to execute the code once the conditions are made. This smart contract is capable of storing data of any ERC-20 token that lives on the Ethereum blockchain. Smart contracts not only create tokens but maintain, and track the transactions of all the tokens, making it easier for anyone to launch their token. It is also important to know that Ethereum is a Turing Complete Machine where you can update/upgrade any feature at any time and it will still work and be compatible with the old system. Here are the three ERC-20 tokens listed recently on Unocoin — India’s First Bitcoin and Crypto Exchange. ![Unocoin listed Injective Protocol, Keep network and Aave Token](https://cdn-images-1.medium.com/max/800/1*Ig-cykUpMQF_4oDgxrcMug.gif)### Injective Protocols (INJ) Injective Protocol is an ERC-20 token that enables access to unlimited DeFi or Decentralised Finance markets. It was founded by Eric Chen, a cryptographic researcher and a trader. Albert Chon also later joined the project as CTO. He is a Stanford graduate, former engineer of Amazon and one of the pioneers of Ethereum standard. The users of this token can create and trade any financial markets on Injective’s fast with zero gas fee, lightning-fast speed and completely secure decentralised functionality. The Injection protocol is compatible with all the other ERC-20 DeFi applications, meaning it can communicate for any transfer of assets or information on-chain or cross-chain. The native token of Injective Protocol is INJ which is a scarce asset. Because of its scarcity, it is used for governance within the chain to exchange capital values, liquidity mining and even staking. The INJ token is deflationary and all the 60% of the exchange fee collected are used to buy back the token and burn it every two weeks. This makes the total supply of the token decrease over time. Interestingly, every new Injective project on the protocol helps to burn even more INJ through the transaction. Trading Price (at the time of writing) — $8.57 Global Market Cap (at the time of writing) — $375,477,964 Global Trading Volume (at the time of writing) — $36,192,180 Circulating supply — 43,655,553.33 INJ (44% INJ already in circulation) Maximum Supply — 100,000,000 INJ Consensus Mechanism — Tendermint-based Proof-of-Stake (PoS) Number of protocol projects — 100+ Community members — 200K Top Investors — Binance, Pantera Capital, Mark Cuban. ### Keep Network (KEEP) Another ERC-20 token, Keep is an incentivized network for storing and encrypting private data on the public blockchain. In all the current public blockchain ecosystem, the protocols are not built to store private and personal information, but Keep Network does this. The network is completely permission-less and as such, there is no one to stop anybody from storing their data. These data are stored with an encryption key on an off-chain container thereby giving more privacy without compromising on transparency and audibility. Thus, the transfer of information and transactions are taken outside of the Ethereum blockchain and can be accessed only with the encryption key. This helps anyone to store their private data on the public blockchain. Interestingly, Keep is the first private computer built on the Ethereum blockchain. Trading Price (at the time of writing) — $0.6424 Global Market Cap (at the time of writing) — $383,259,088 Global Trading Volume (at the time of writing) — $25,331,197 Circulating supply — 596,334,689 KEEP Maximum Supply — 1,000,000,000 KEEP ### Aave Token (AAVE) Aave token was created as a result of frustration! The creator Stani Kulechov experienced lots of issues while lending his ETH tokens back in 2017 as there were no dedicated lending applications. He then created his lending application called ETHLend and later changed it to Aave which means “ghost” in Finnish. Aave is built on the open-source Ethereum blockchain as ERC-20 token as a decentralised finance protocol that allows people to lend and borrow crypto. With Aave, lenders deposit digital assets into specially created liquidity pools to earn interest while borrowers take loans using this liquidity with their crypto as collateral. Just like the government takes loans from the central bank with gold as collateral, Aave can be used to do the same in the future. Aave provides its holders with discounted fees and every owner has a say in the governance and future development of the token. Aave was created even before DeFi existed and in the last year, it was one of the biggest projects where crypto assets are locked in the protocol. Not just ETH, users can lend and borrow in about twenty plus cryptocurrencies. Trading Price (at the time of writing) — $175.62 Global Market Cap (at the time of writing) — $2,359,162,302 Global Trading Volume (at the time of writing) — $182,764,146 Circulating supply — 13,433,292.70 AAVE Maximum Supply — 16,000,000 AAVE ### Conclusion [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cry ptocurrency platform. Love Crypto Coins. Love Unocoin. Please find the list of authentic Unocoin accounts for all your queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Buy ADA, CELR, GTO, LRC and SAND at Unocoin](https://blog.unocoin.com/buy-ada-celr-gto-lrc-and-sand-at-unocoin/) **Published:** January 8, 2022 **Author:** Unocoin Growth **Content:** Unocoin listed Cardano and four other tokens We are happy to announce that we have listed the much-awaited Cardano and the four other ERC-20 tokens as part of our listing program. ![Buy ADA, CELR, GTO, LRC and SAND at Unocoin](https://cdn-images-1.medium.com/max/800/1*KBPrfdzQ270n_2YWqZ1A7g.gif)Here are the details of the listed coins. ### Cardano (ADA) ![](https://cdn-images-1.medium.com/max/800/1*uM5jLrTnuI1_Yq4yDLC2GQ.jpeg)Cardano is a blockchain network that is used for many purposes like data handling and providing crypto-asset. It is the third generation of blockchain networks and aims at solving the basic problems which the previous generations of blockchain networks (like Bitcoin and Ethereum) had to face. It has its crypto-asset named ADA (after the first computer programmer ever ADA Lovelace). Cardano is aimed at solving problems rationally & logically and at providing value transactions to remote places where people live on very few amounts of fiat money and it is not feasible to construct banks. Instead of using blockchain consensus model proof of work, Cardano uses epochs and proof of stack to be more efficient and fast. Cardano mainly solves five problems with this: 1. Scalability 2. Network Bandwidth 3. Data storage 4. Interoperability and 5. Sustainability Founders / Creators: Cardano Foundation / IOHK, Charles Hoskinson Maximum Supply: 45,00,00,00,000 Circulating Supply: 33.49B ADA Market Cap at the time of writing this: $43,968,098,827 Transaction per second (TSP): 1000 ### The Sandbox (SAND) ![](https://cdn-images-1.medium.com/max/800/1*gnPFP3pRGChypZphRsueGg.jpeg)SAND is a native token for The Sandbox, a blockchain-based virtual world where gamers can create, build, buy and sell digital assets. With Decentralised Autonomous Organization (DAO) and Non-Fungible Tokens (NFTs), the sandbox can build a community of future gaming. The Sandbox was launched by a company called Pixowl and the founding credit goes to Arthur Madrid and Sebastien Borget. They aim to introduce blockchain technology to gaming. Founding Company: Pixowl Maximum Supply: 3,000,000,000 SAND Circulating Supply: 919,498,319.22 SAND Market Cap at the time of writing: $5,119,740,237 Traded Price (SANDUSD) at the time of writing: $5.57 ### Loopring (LRC) ![](https://cdn-images-1.medium.com/max/800/1*vWwmqXJ0sKfwDjX88uIzXw.jpeg)Loopring (LRC) is an ERC-20 token based on the Ethereum blockchain that builds a protocol for decentralized crypto exchange. Decentralized crypto and blockchain projects are on the rise, yet the majority of the exchanges are centralized. There are both pros and cons when it comes to crypto exchanges subject to security and custodian. Loopring (LRC) aims to address this by combining centralized and decentralized trading order matching systems. Founder: Daniel Wang Maximum Supply: 1,374,513,896 LRC Circulating Supply: 1.33B LRC Market Cap at the time of writing: $2,693,680,354 Traded Price (LRCUSD) at the time of writing: $2.03 ### Celer Network (CELR) ![](https://cdn-images-1.medium.com/max/800/1*frIZJEJ24GSDfu26Pf6uMg.jpeg)Another ERC-20 token on the list is the Celer Network(CELR). It is a smartly designed layer-2 scaling solution that provides off-chain transaction handling. CELR offers fast, simple and secure transactions. As an off-chain token, the Celer Network uses a Proof-of-Stake consensus variation called Delegated Proof of Stake (DPoS). Interestingly, CELR was created by a group of highly credible academicians from MIT and UC Berkeley who all hold PhDs in Computer Science. Celer Network is not a separate blockchain rather runs on top of an existing blockchain like Ethereum and Polkadot. Founder: Dr. Mo Dong, Dr. Junda, Dr. Xiaozhou Li, Dr. Qingkai Liang Maximum Supply: 10,000,000,000 CELR Circulating Supply: 6.13B CELR Market Cap at the time of writing: $479,547,503 Traded Price (CELRUSD) at the time of writing: $0.07821 ### Gifto (GTO) Gifto (GTO) is an interesting project in the crypto space. Gifto is a platform where you can send and receive virtual gifts cryptos to anyone with just a link. Work on any device and medium, Gifto offers a place for virtual gifting on the on-chain blockchain. The platform also allows its users to stake their assets for gifting privileges, rewards and earn stable coins like USDT, BUSD, DAO. Maximum Supply: 1,000,000,000 GTO Circulating Supply: 770,236,879.20 GT0 Market Cap at the time of writing: $46,499,911.46 Traded Price (CELRUSD) at the time of writing: $0.0601 To learn more about ERC-20 tokens, [read](https://blog.unocoin.com/unocoin-listed-injective-protocol-keep-network-and-aave-token-a99c612b7313) this. To trade ADA and other ERC-20 tokens at [Unocoin](https://unocoin.sng.link/Awg8j/oj55?_dl=unocoin%3A%2F%2F), you can download the [Unocoin](https://unocoin.sng.link/Awg8j/oj55?_dl=unocoin%3A%2F%2F) application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during this festive season, you will get a welcome bonus of INR 100 worth of bitcoin. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newslett er:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Eight years of Unocoin](https://blog.unocoin.com/eight-years-of-unocoin/) **Published:** January 13, 2022 **Author:** Unocoin Growth **Content:** Even though the world had its first crypto-asset back in the year 2009, India was new to the concept of digital money. Indians have money to spend and celebrate; to give and to receive. They believe that money should be welcomed, respected, earned, saved and grown. The Indian government has been so encouraging about savings that the government leads various saving schemes and policies for girl children, government officials, private organisation’s employees, ex-servicemen from Army, widowed women, retired employees, senior and super senior citizens. But was this India ready for the big revolution? Was this India looking for buying bitcoin, or understanding the concept behind crypto and transferring the control of their money from RBI to their hand? Was this India craving to acquire bitcoin? ![](https://cdn-images-1.medium.com/max/800/1*nZEgh_i7XeWW8b7QXhqvOQ.png)Well, a big no and a little yes. At large, until 2013, people were not too ready to invest in bitcoin. And when we say people we mean Indians. And when we mean digital asset, we largely mean bitcoin. Because hey, this little token was changing the game of the entire world’s finances. But what about that small percentage of people who were ready to revolutionize the way India would do financing? This set of people were technologists who could see the problems that bitcoin could solve. The problems that continued to exist since, umm, eternity! They were the investors and the budding youth of India who wanted to make themselves (and also other Indias) pro-crypto. They were, as we know today, the founders and co-founders of Unocoin — India’s first-ever crypto-asset and bitcoin trading and exchange platform. The journey of how India became a pro-crypto country could entirely be synonymous with Unocoin’s effort to find itself, make itself, form itself, sustain itself and grow itself. Well, imagine those thousands and lakhs of Indians who wanted to start trading in bitcoin but lacked the confidence to do so. They were left with no choice to get delayed in their crypto investment journey until [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) was found. It was back in 2013 (yes, almost four years later to the first mining of Bitcoin) that India got its first bitcoin trading and exchange platform. Made by Indians, made in India and made for Indians. Well, this article could be titled as 8 glorious years of crypto in India, or Happy 8th-anniversary Unocoin! Being the pioneer was exciting but was very very risky too. Mr Abhinand, Mr Harish, Mr Sathvik and Mr Sunny had to face a lot and they all were so confident to do this for fellow Indians. Here is the journey of Unocoin. But most importantly here is the journey of a typical Indian taxpayer, who has high hopes of making something more at the end of the month. And, frankly speaking, Unocoin attributes its success to the faith its customer endowed upon it. ![](https://cdn-images-1.medium.com/max/800/1*GWMWI8h2jx5kY5Gvoa-qZA.png)1. How did it all start? 15th December 2013 was the day when [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) was launched. This may sound like any other start-up launch, but wait! India got its first-ever bitcoin exchange platform! Imagine the first trader at Unocoin, who bought his/her first share of bitcoin. The first-ever Indian bitcoin buyer from an Indian exchange! Unocoin was creating history and adding special moments in people’s lives. And not just the first trader at Unocoin, every trader who did his/her first trading with Unocoin would have had their moments — big or small. 2. One year down the road help Indians buy and sell crypto assets, [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) raised $250,000 from Bitcoin Opportunity Corp. It was 12th August 2014 when Unocoin created this history in the world of Indian crypto. You know what it means, right? It was a piece of good news not only for the Indias who had invested with Unocoin, but also for those who were a little sceptical around the digitisation of currency, but wanted to start their journey. This seemed promising. For Unocoin, its founders and its investors, it was all about maintaining the zeal and living up to the dream of every Indian trader. ![](https://cdn-images-1.medium.com/max/800/1*AMPkWHGkkscrzIckDPKLXg.png)3\. Another year later, in April, [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) introduced a Systematic Investment Plan with an absolutely 0% fee. Imagine the first crypto trading platform, with no competitor then, no rival to compete with, and still doing the best. Well, Unocoin did not need to be the best. But they were. For the customer, it was catering in 2015, it knew the investment behaviour of a typical Indian. Since Indians were comfortable with the concept of Mutual Funds and SIP, they launched the in-house and one of the most amazing features of SBP, the Systematic Buying Plan. This made buying and selling of some of the most popular crypto assets simpler. And no Indian likes to pay more as a transaction fee or an additional delivery charge. Zero percentage fee for SBP was just what Indians wanted from their crypto exchange platform. Unocoin won hearts! 4\. Who likes to be on their desktop when 2016 was all about smartphones and hey, the mobile applications. Hence, [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) launched the Bitcoin Mobile App on iOS and Android in November. Trading was not just cheap, but faster. When people find it difficult to look for the right piece of information between those numbers, graphs, pie charts, market trends, arrows and lines, Unocoin simplified the entire process of trading for India. 5\. Days, weeks and years passed by and it was March 2017 when [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) launched UNODAX. UNODAX was a live order-book trading platform for its active traders. Simplifying its offerings, UNODAX enabled trading of various altcoins, supporting the growing ambition of highly active crypto traders with an extensive range of tools and functionalities. It also supported multiple crypto-assets and provided crypto trading enthusiasts with unlimited order validity and transparent order depth. Following a maker-taker fee model, it provided exclusive maker benefits. The maker fee was only 0.4%, while the taker fee was also reduced to 0.6%. UNODAX was accessible through a web portal, Android and iOS app. 6\. Hey, it wasn’t as rosy as it looked. The clouds around crypto-assets had already started to form and it was a tough time for [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F). In April 2018, the RBI’s notification on ‘Prohibition on Dealing in Virtual Currencies’ was out which caused the banking relationships of Unocoin to disrupt. Not to forget, Unocoin had to go through a tough time and come out of this alone. Unocoin’s Co-founder, COO and Director BV, fought against the RBI in the Supreme Court and stood up for the rights of every Indian household that had entrusted Unocoin. Unocoin was formed to eradicate the problems of the traditional financial world and Harish stood up lawfully and confidently. This again was no less than a historical moment in Unocoin’s journey. ![](https://cdn-images-1.medium.com/max/800/1*RlMrknUgotxuc-pl0Lf_7w.png)7\. In April 2020, Supreme Court’s judgement for crypto arrived and all Indian crypto investors could not be made any happier. There was hope again in the eyes of Indians, people restored their faith in digital currencies, in Un ocoin. Not just Indias, a lot of the investors and foreign companies saw a great potential to enter into the Indian market. This was a piece of global good news. But something more than the upliftment of the ban happened in April that made the Indians merrier. Unocoin introduced Instant Loans on its platform. This was one of the most innovative features that have ever been launched on any crypto exchange platform in India or the world. Lending and credit facilities had been traditionally offered by banks and financial institutions globally. The potential of crypto-assets laid untapped and unleveraged hugely. [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) saw a tremendous scope for credit creation by using crypto-assets as collateral to get a (USDT) loan. 8\. Oct 2021, India’s first crypto exchange, Unocoin, raised funding from Tim Draper in Targeted US $5 million series A round. A hurray moment for not only all those who believed in Unocoin but also for those who would want to grow with [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F). These eight years have been one of the most revolutionary and dynamic years of how Indians have started looking at money, investing in money, growing money and saving it. The risk appetite of an Indian crypto trader is more than what it was during independence or in the last decade. Thanks to the technological revolution that took place in the financial world and of course to [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F) for taking the first step in making India crypto enabled nation. Love crypto coins. Love [Unocoin](https://unocoin.sng.link/Awg8j/zzxn?_dl=unocoin%3A%2F%2F). [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: 1inch](https://blog.unocoin.com/know-your-coin-1inch/) **Published:** January 18, 2022 **Author:** Unocoin Growth **Content:** - The 1inch Liquidity Protocol is a next-generation Automated Market Maker (AMM) that protects users from front-running attacks and offers attractive opportunities to liquidity providers. - The 1inch Aggregation Protocol incorporates a pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum. - Every 1inch user gets the right to vote on the network governance and protocols through the Decentralised Autonomous Organisation (DAO). - 1INCH/INR is trading at Rs 177 on [Unocoin](https://unocoin.sng.link/Awg8j/nm08?_dl=unocoin%3A%2F%2F) Exchange at a market cap of over $952 million(7,085 crore INR). 1inch is currently ranked 51 based on market cap. ![](https://cdn-images-1.medium.com/max/800/1*3rumDNaqWqL4S1B41XElgw.png)The 1inch token is a product of a network whose first protocol is a decentralized exchange aggregator solution that has an advanced algorithm to search over 33 liquidity protocols. The 1inch Aggregation Protocol incorporates a pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, Arbitrum, and various other networks to search for deals across multiple liquidity sources, offering users better rates than any individual exchange. In just over two years of operation, they’ve crossed $80 billion (INR 59,46,92,00,00,000.00) in overall trading volume just on the Ethereum network alone. In December 2020, they released a token for their network, the 1inch token. These are the governance tokens that come with the benefits of giving rights to the people to have a say in every aspect of the functioning and every basic protocol of the network. They are releasing these tokens gradually over a period of 4 years (starting from Dec 2020) and they have a market cap of 1.5 billion tokens. The most important attribute of these tokens is what they call instance governance. This means that anyone who enters the network, irrespective of how small the value of their stakes is, everyone can vote and have a say in even the most basic and default settings on which the network’s protocol works. Currently, the main application of 1inch as a utility token is in the 1inch Liquidity Protocol where it is used as a connector to achieve high-efficiency routing. The 1inch network was founded by two people Sergej Kunz and Anton Bukov who happened to meet through a YouTube channel and came together to win the ETHGlobal New York hackathon. While Sergej was a senior developer at Porsche, Anton worked in software development since 2002 and decentralized finance (DeFi) since 2017. The unique thing about the 1inch network is that it offers users attractive prices and a high degree of security in the most audited project in DeFi. Since the start, 1inch provides access to the deepest liquidity from multiple sources on Ethereum, Binance Smart Chain, Polygon, Optimistic Ethereum, and Arbitrum. The 1inch network protocol is non-custodial where all trades take place within one transaction from a user’s wallet with its supported blockchain. 1inch network price at the time of writing this — $2.24 Market cap at the time of writing this — $958,434,069.52 Circulating supply — 438,450,565 1inch Total supply- 1,500,000,000 1inch Founders — Sergej Kunz, Anton Bukov Sathvik Vishwanath Co-Founder & CEO, Unocoin says, “Bitcoin and the most trending kind of crypto-assets like 1inch are gaining great interest not just from individuals but investor and banking communities too. Through this development, we want to incentivize our customers and provide a seamless platform for fulfilling all their new year investment resolutions.” To trade 1inch at Unocoin, you can download the Unocoin application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign-up during this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. [About Unocoin](https://www.unocoin.com/) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact detai ls:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [5 Best Bitcoin Wallet Reviews and Comparison](https://blog.unocoin.com/5-best-bitcoin-wallet-reviews-and-comparison/) **Published:** January 19, 2022 **Author:** Unocoin Growth **Content:** Since its conception in 2009, bitcoin has earned enormous traction across the globe as a premier virtual currency, compared to the conventional physical currencies, primarily due to its self-governing nature. In this article, you will read about the best bitcoin wallet that investors use for digital transactions. Bitcoin wallets are software programs assisting in the exchange and storage of bitcoin that present the ownership of the bitcoin. Every person who has a bitcoin balance in their wallet possesses a public and a private key corresponding to their bitcoin wallet address. ![](https://cdn-images-1.medium.com/max/800/1*FcshaplPE7GLMgQECNgc_Q.png)Also, for successfully carrying out crypto assets exchanges, the investor must build a bitcoin wallet. Moreover, bitcoin wallets come in different types, such as a blockchain wallet, web wallet, and hardware wallet. ### About Unocoin Instituted in 2013, [Unocoin](https://unocoin.sng.link/Awg8j/bywe?_dl=unocoin%3A%2F%2F) is the premier cryptographic asset trading portal of India. Its principal aim is to “bring bitcoin to billions”, and it is doing so by empowering every person to buy, trade, and keep bitcoin by using the best blockchain wallet. ### Bitcoin Wallet and Its Types Bitcoin Wallet is an online location encrypted to collect bitcoin with the help of cryptography. You can carry out a commercial deal with the assistance of the best bitcoin wallet for Android or iOS. It operates similar to the system you use in your bank account number and unique key. It is why you can possess a cloud-based bitcoin wallet and an offline bitcoin wallet. Usually, many investors own paper bitcoin wallets. It implies that the private and public keys remain scribbled down on a bit of paper. This data gets deposited physically somewhere and not listed in any interface or online device. This system warrants that it remains protected from hackers. Nevertheless, keeping that bit of paper at moments becomes complicated, especially when creating an entirely new key for every transaction. There is forever a possibility that the paper might get misplaced or damaged, the ink fades, or you may miss the key completely. It could risk your funds and lock them forever. Hence nowadays, there are more secure options such as online and offline Bitcoin wallets that you can choose from to store your bitcoin safely. ### **Offline Bitcoin wallet** Offline bitcoin could be a software or hardware offline wallet. A software offline wallet entirely depends upon data being presented to the software on a computer that has never touched the internet to sign the transactions which later on is taken to a computer that is connected to the internet to broadcast it and thus the transaction would complete. A hardware wallet refers to a separate personal device that collects the investor’s encrypted codes. It requires extra authentication, making it challenging for unlawful entrance or fraud. This kind of wallet is costly, and it has to remain connected to a network for use. - **Online Bitcoin wallet** An online bitcoin wallet assists in storing bitcoin on the online platform. You could locate them online through any wallet assistance provider. Also, investors can access their online blockchain wallet at any point, anywhere from across the globe. It likewise provides its user with the alternative to recover the wallet through personal authentication. This way, it grows as a valuable and commonly accepted storage system. ### 5 Best Bitcoin Wallet Given the widespread popularity of bitcoin in modern times, various bitcoin wallets were introduced to help investors save their bitcoin. However, the wide range of bitcoin wallets made it challenging for investors to pick the best bitcoin wallet. Hence to help you, below are top bitcoin wallet reviews that will help you make a prudent decision. 1. Unocoin [Unocoin](https://unocoin.sng.link/Awg8j/bywe?_dl=unocoin%3A%2F%2F) is amongst the top cryptographic money wallet with commendable bitcoin wallet reviews. This website offers a comprehensive platform to buy and trade assets using their best bitcoin wallet via a bitcoin wallet application. [Unocoin](https://unocoin.sng.link/Awg8j/bywe?_dl=unocoin%3A%2F%2F) has likewise grown into a popular cryptographic assets trading portal in India, thanks to its accessibility and economic transaction fees. 2\. Exodus Bitcoin Wallet Exodus Bitcoin wallet presents secret keys of their best bitcoin wallet for Android or iOS. All a person needs to do is download the Exodus app to utilize the wallet. Exodus Bitcoin wallet owns 110+ crypto resources which makes it a flexible and user-friendly platform. Investors can transfer and receive bitcoin or other online assets using the QR code of Exodus Bitcoin wallet. 3\. Trust Bitcoin Trust Bitcoin concentrates on crypto-assets like Litecoin, Ethereum, and Ripple. It further encourages users to adopt the Binance trade. This platform presents privacy on computerized resources and secret PINs and biometrics. 4\. Cool Wallet S Cool Wallet S again holds the best bitcoin wallet reviews and offers an excellent hardware wallet that anyone can download on their Android or iOS devices. Also, in Cool Wallet S, the private keys remain in a chipset, thus guaranteeing optimum protection. 5\. Zebpay Zebpay is yet another best bitcoin wallet that allows users to trade their crypto assets across diverse trading platforms widely available in India. It claims that it utilizes a Hardware Security Module (HSM) cryptography, which provides for the encryption of fine-tuned data to provide maximum protection. ### Transaction fee handling When speaking of transaction fees handling, if you are completing a bitcoin transaction, then the owner of the bitcoin wallet or the exchange that is housing your wallet will impose variable charges depending on what you are attempting to do. Moreover, buying a wallet would cost anywhere from $1 to $200 or more. Some online wallets also charge a percentage of the cumulative transaction amount. ### The bottom line To summarise, bitcoin wallets are an indispensable tool for purchasing, trading, and exchanging crypto assets. Also, traders require them to keep bitcoin safe and to guard and verify transaction data. ### FAQs 1\. How much does a bitcoin wallet cost? While most crypto assets portals present free bitcoin wallets once you sign up on their platform, if you perform multiple transactions, you need to pay any amount between $1 to $200. 2\. How do we choose the best bitcoin wallets? The best way to choose a bitcoin wallet is to evaluate it based on its type, user interface, safety precautions, and operating system. 3\. How do bitcoin wallets work? A bitcoin wallet works on a shared public ledger where all transactions take place, and the value gets transferred between more than one bitcoin wallet. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80 VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: Aave Token](https://blog.unocoin.com/know-your-coin-aave-token/) **Published:** January 21, 2022 **Author:** Unocoin Growth **Content:** ### Origin of Aave Aave tokens were created as a result of frustration! The creator Stani Kulechov experienced a lot of issues while lending his ETH tokens back in 2017 as there were no dedicated lending applications. He then created his lending application called ETHLend and later changed it to Aave which means “ghost” in Finnish. ![](https://cdn-images-1.medium.com/max/800/1*DxHI-9v97wvxrqArWkTzVg.png)### How does the Aave liquidity pool work? Initially, Aave used a peep-to-peer model to allow users to interact with other users via smart contract. This was inefficient because users have to wait for another user on the other side to interact with. To eliminate this wait time it was necessary to find a counterparty. Aave changed the model to proof-of-contract which is based on a contract with pooled funds that can be instantly used by the users of the protocol. ### ICOs and Aave’s funding In the ICO aka Initial Coin Offering of 2017, Aave token raised an amount of $16.2 Million which helped the team hire more developers to improve the token protocols through 2018. After two years of work, by 2020 DeFi Summer, the total value locked (TVL) was around $40M which dramatically increased with the launch of new DeFi protocols and new yield farming opportunities. By mid-January 2021, the TVL in Aave stood at $3B. ### Aave’s architecture Aave is built on the open-source Ethereum blockchain as ERC-20 token as a decentralized finance protocol that allows people to lend and borrow crypto. With Aave, lenders deposit digital assets into specially created liquidity pools to earn interest while borrowers take loans using this liquidity with their crypto as collateral. Just like the government takes loans from the central bank with gold as collateral, Aave can be used to do the same in the future. Aave provides its holders with discounted fees and every owner has a say in the governance and future development of the token. This is done to make the protocol more decentralized. Aave was created even before DeFi existed and in the last year, it was one of the biggest projects where crypto assets were locked in the protocol. Not just ETH, users can lend and borrow about twenty-plus crypto products. Aave migrated from the ETHLend (LEND) to the present Aave (AAVE) token in the ratio of 100:1. Aave’s newest update, V2, happened in December 2020 that brought a lot of new features and improvements to the protocol. The major changes were: Debt Tokenization- In the Aave V2, borrowers are now allocated tokens that represent their debt. They can use these tokens to have more access to the liquidity pool. Native Credit Delegation- This feature allows users access to liquidity without providing collateral. This is a very useful feature especially for the big financial institutions and crypto products’ exchanges to have great access to the Aave liquidity pool without any collateral. Collateral Swap- As Aave liquidity pool has a collection of multiple crypto assets users can swap their collateral for any other available tokens. Batch Flash Loans- As the name suggests, users can borrow multiple crypto assets at once in the same batch i.e same transaction address. ### Aave’s future With the rise of the decentralized finance space, Aave has a great potential to grow mainly because of its interoperability with different blockchain protocols, especially with Ethereum. It is also worth mentioning that Aave has a great community and is increasing over time. ### Aave’s current market value Trading Price (at the time of writing) — $175.62 Global Market Cap (at the time of writing) — $2,359,162,302 Global Trading Volume (at the time of writing) — $182,764,146 Circulating supply — 13,433,292.70 AAVE Maximum Supply — 16,000,000 AAVE ### Where to trade Aave To trade Aave at [Unocoin](https://unocoin.sng.link/Awg8j/vngu?_dl=unocoin%3A%2F%2F), you can download the Unocoin application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during the first month of this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. What’s more? With [Unocoin](https://unocoin.sng.link/Awg8j/vngu?_dl=unocoin%3A%2F%2F), you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/vngu?_dl=unocoin%3A%2F%2F) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** < /li> - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What are the Top 10 Crypto Products to Explore in 2022?](https://blog.unocoin.com/what-are-the-top-10-crypto-products-to-explore-in-2022/) **Published:** January 24, 2022 **Author:** Unocoin Growth **Content:** While numerous crypto assets have been introduced in modern times, you must remain careful while investing your funds to get better returns. And choosing from a wide range of crypto-assets can bewilder many investors. Keep reading below to learn more about the top 10 crypto assets to invest funds in 2022. Crypto-assets in the present times is gaining prevalence as, interest in it rises. Also known as digital money, crypto-assets is blockchain-based technology that is not managed by a centralised government system. While earlier only bitcoin ruled the crypto market as the best crypto assets, the popularity of digital money led to the introduction of various crypto-assets options. Nowadays, there are over 5,000 crypto assets on the market that you can choose to invest funds to leverage the best ROI. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/4nzw?_dl=unocoin%3A%2F%2F) [Unocoin](https://unocoin.sng.link/Awg8j/4nzw?_dl=unocoin%3A%2F%2F) is India’s most comprehensive crypto trading platform that holds an extensive ecosystem of trades. It is build to be a seamless platform that helps you invest funds effortlessly in bitcoin, ethereum, ripple and various other online assets to trade with ease. **Top 10 crypto assets to invest** ![What are the Top 10 Crypto Products to Explore in 2022](https://cdn-images-1.medium.com/max/800/1*lQp6P_Krnaf8t9RgwrllyA.png)Investors widely utilise crypto-assets and it’s becoming a trend. The term ‘crypto’ means cryptography that keeps the information highly guarded against hackers. Cryptography made it possible to create and process digital currency and trade it on a decentralised platform. Additionally, crypto-assets refer to the electronic funds created using blockchain technology to do transactions while keeping the privacy of the receivers and senders intact. Mentioned hereunder is a list of the top 10 crypto assets you can invest funds in 2022. **1. Bitcoin (BTC)** Bitcoin (BTC) always tops the list of the top 10 crypto assets that came into existence in 2009 by an unknown person or group of individuals by the name of Satoshi Nakamoto. Bitcoin is a decentralised online asset that can get transferred from one user to another on a peer-to-peer bitcoin system without intermediaries. It holds no central depository or single head. Moreover, network connections utilise cryptography to validate transactions registered in a public categorised record known as a blockchain. **2. Ethereum (ETH)** Ethereum is another best crypto asset that is taking the crypto business by storm. Also, it is a decentralised program that supports smart contracts and decentralised applications (dapps) to get developed and managed without deception, downtime, management, or restraint from a third person. The principal objective behind formulating Ethereum is to create a decentralised set of financial outputs that any individual over the world can access, regardless of origin or creed. **3. Litecoin (LTC)** Litecoin is among the premier online assets endowed by Charlie Lee, a previous Google technician. Litecoin serves as an open-source universal payment process that does not get directed by any intermediate authorisation or financial institution and employs “scrypt” as proof of work (PoW), which can also get decoded with high-level processors’ assistance. Also, while Litecoin resembles Bitcoin in numerous ways, it holds better flexibility when speaking of block production. **4. Tether (USDT)** Tether is the most thriving stablecoin, a crypto asset that aims to guard its exchange rate to a currency or supplementary outside source time to decrease volatility. Since multiple online assets, including Bitcoin and Ethereum, have confronted numerous times of excessive volatility, Tether, along with various stablecoins, attempts to smooth out cost differences to attract traders who may otherwise be sceptical. **5. Ripple (XRP)** Ripple is another name in the list of the top 10 crypto assets. It is a blockchain-based technology that works as both an online payment interface and crypto-assets for financial transactions. Also, XRP or Ripple is the principal crypto-assets for merchandise created by Ripple Labs. Its products are employed for asset transfer, payment arrangement, and transmittal systems that work more like a service for universal funds and security transfers utilised by banks and financial institutions. **6. Libra** Libra is the most sought-after crypto asset created by Facebook. This digital currency aims to be used as a simple everyday asset. It will fundamentally remain digital money on smartphones, which individuals can utilise to make payments where crypto-assets payments are accepted. Additionally, the assistance that it receives from the other assets presents it with the much-needed price security and further strengthens the effectiveness of the assets. **7. EOS** EOS originated in 2014 is another common crypto-assets created by Block One. Block One is a company that created an open-source software known as EOS.IO. EOS crypto-asset is used as a payment method on the network. These crypto-assets upheld core functionality that enables businesses and individuals to create blockchain-based applications in a method similar to web-based apps. **8. Monero** Monero (XMR) is a secured and untraceable open-source digital currency established in April 2014. Immediately after its production, this crypto asset soon garnered high importance among investors and crypto fans. The development of this crypto asset remains solely for donation-based purposes and is community-driven. **9. Bitcoin Cash** BCH (Bitcoin Cash) keeps a prominent spot in the crypto-assets hemisphere as it is one of the leaders and most prolific hard forks of Bitcoin. In the crypto assets exchange, a hard fork happens due to disagreements between crypto developers and miners. While the original chain remains attached to its central blockchain code, the new chain grows a brand-new variant with an entirely different cryptogram. **10. Cardano (ADA)** Cardano was instituted in 2015 by Charles Hoskinson, a web professional and co-founder of Ethereum, who left the project over disagreements with its other authors. It works as permissioned and permissionless blockchains on the interface. The corporation carried out extensive interpretation and experimentation, reporting over 90 provisions on blockchain technology. **The bottom line** To sum it up, we can say that after looking at the list of top 10 crypto assets, it becomes evident that investing funds in crypto assets is a high-risk investment. Hence it is prudent to divide your risks amongst various crypto assets to gain better returns. **Frequently Asked Questions (FAQs)** 1\. What are the safest crypto assets? While crypto assets are a highly volatile investment, some safest crypto assets are bitcoin and ethereum. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know your coin: Augur](https://blog.unocoin.com/know-your-coin-augur/) **Published:** January 27, 2022 **Author:** Unocoin Growth **Content:** ### What is Augur? According to Augur whitepaper, Augur is a trustless, decentralized oracle and prediction market platform. A prediction market is where people come to bet and speculate on the outcome of future events. Bettors who bet correctly win money while bettors who bet incorrectly lose money. Prediction can be anything that can result in a binary option. Currently, predictions markets can be made for sports, crypto, political election and news events. As cryptos grow more and more, the utility of blockchain is expanding. Augur solves a very specific use case. ![Know your coin: Augur](https://cdn-images-1.medium.com/max/800/1*3W_WW0VDBjd70_6JiC1_iQ.png)The problem with traditional prediction markets is that they are centralized and as such it requires trust to run them. To run any successful prediction, it must have a trustworthy entity to maintain the ledger and a trusted judge to determine the outcome without any bias. The other problem is that it is limited to certain markets in certain geography because as such the funding pool is limited. Augur aims to solve all these with trustless and decentralized protocols. Augur has a native token known as Reputation token or REP which is used as a reward to the market creators and reporters. Augur’s incentive structure is designed in a way to ensure that honest, accurate reporting of outcomes is always the most profitable option for Reputation token holders. ### How does Augur work? Augur works in four simple steps: 1. Market Creation 2. Trading 3. Reporting and 4. Settlement. Market creators with REP tokens can create a market based on anything from crypto to political elections, sports to movies, etc. This market is global and market creators can be from anywhere in the world. When creating a market, the creator sets the event end time and the condition of it on the ethereum smart contract. The market creator is incentivised based on well-defined events with objective and unambiguous outcomes. Once the prediction market is successfully created, trading begins immediately and is open for any users to trade. Market participants forecast the outcomes of events by trading shares on those market outcomes. Trading orders and ledger are well maintained on the ethereum blockchain and are open to everyone to verify the bets and orders. Orders are created as and when the conditions are met, as written on smart-contract. Augur market shares and native tokens can be traded and transferred anytime. Once a market’s underlying event occurs, the outcome is determined and finalized. This event outcome is reported by reporters who own REP tokens. Augurs make sure that anyone can be a reporter if they own REP tokens. Reporters are financially rewarded. Just like any other market, traders can exit their position by spelling the shares to other traders in the exchange or settle with the market if they are satisfied with the contract. ### Augur Key Features Augur Turbo — Augur Turbo is a global, no-limit betting platform that uses on-chain data sources for real-time data updates on transactions. Augur Turbo will help users with faster settlement time. Augur integration with Layer 2s — Augur protocol is integrated with Ethereum layer 2s which allows users with significantly lower transaction costs. Integration with layer 2 solutions like ethereum gives an even faster confirmation time. This feature is still under development and will soon be deployed. Augur Limit Order — Augur has limit order features that allow bettors, liquidity providers and market participants to trade at their desired shares without constantly monitoring the prices. Bettor and Liquidity Provider Tooling- Augur is planning to come up with exclusive Bettor and Liquidity Provider Tooling for a better user experience. Though the exact structure of the plan is yet to be known, both bettors and liquidity providers’ experience will significantly improve with exclusive features. ### Augur Statistics Augur (REP) at the time of writing — $11.70 Trading volume at the time of writing — $13,855,747.55 Market Cap at the time of writing — $128,924,723.43 Circulating Supply — 11,000,000.00 REP ### Conclusion and Future perspectives As crypto is getting mature and retail adoption is going at a high pace, different crypto projects are coming up and solving unique use case problems. Augur is one such that solves the problem of prediction markets. The idea of making the market more decentralized and trustless is a majorly significant move. ### Where to trade Augur REP? To trade Augur REP at Unocoin, you can download the [Unocoin](https://unocoin.sng.link/Awg8j/qbqx?_dl=unocoin%3A%2F%2F) application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique signup during the first month of this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. What’s more? With [Unocoin](https://unocoin.sng.link/Awg8j/qbqx?_dl=unocoin%3A%2F%2F), you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! **About Unocoin** [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium .com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Commodity Trading? What is in it for me?](https://blog.unocoin.com/commodity-trading-what-is-in-it-for-me/) **Published:** January 28, 2022 **Author:** Unocoin Growth **Content:** Commodity trading, as an investment, is now a booming market for traders and investors. However, how to start investing in this financial instrument and continue investing in it with a decent profit margin is a mystery to many traders. The key point to remember here is that it is necessary to do a lot of research before investing in commodities. In this article, you will learn about some of the key points on commodities, trading them, the market for its trade, several commodity exchanges in India, and the pros and cons of investing in the commodity trading market. ![](https://cdn-images-1.medium.com/max/800/1*fHv7dx_H71M7GEK8AAlqMg.png)Trading and investing in commodities in India started years ago, even before many other nations in the world. Yet, the commodities market faced a huge and significant decline in India due to certain government regulations, external invasions, natural catastrophes, and much more. However, now things have changed, and people hold a plentiful variety of market instruments to invest their funds, without any restrictions on trading in any particular kinds of investment. This is the sole reason why commodity trading has revived itself in the stock market. A commodity can be defined as a collection of goods or assets that are essential in the day-to-day life of a person. These commodities can include elements like metals, grains, or any tangible object that is temporary and by nature replaceable. In this type of trading, traders invest in the primary economic sector as opposed to the manufactured products. The commodity trading meaning can further be regarded as all sorts of goods that are movable and can be traded or purchased. However, it will not include money and actionable claims. Not every person can invest in commodities to perform well and earn huge profits since it necessitates immense familiarity regarding the stock market and the nature of the commodities they are investing in. If a person is new to commodity trading, they might lose a lot of funds if they don’t understand how to deal with them. Hence it is extremely important to understand the commodity trading market carefully before investing in them. However, a novice person need not lose hope as there is also an option of investing in the commodities market through a fund manager. A fund manager can easily subdue the risk a person might otherwise face while investing in commodities all by themselves. Those looking to diversify their portfolio and be willing to take some risk after understanding the meaning of commodity trading will find investing in commodities to be fruitful. **About Unocoin** [Unocoin](https://unocoin.sng.link/Awg8j/3ez2?_dl=unocoin%3A%2F%2F) has transformed itself into one of the most flourishing crypto products trading platforms. With [Unocoin](https://unocoin.sng.link/Awg8j/3ez2?_dl=unocoin%3A%2F%2F), you can not only buy and sell crypto products but also lend them. **Commodity trading exchanges in India** If a person is willing to invest their funds in a commodity trading market, they must know that there are numerous commodity exchanges available in India. Since 2015 all these commodity exchanges are monitored by the Securities and Exchange Board of India a.k.a. SEBI, which is additionally the supervisory official for stock markets. Therefore, there is no risk in investing in commodities at these exchanges. Before the year 2015, the Forward Market Commission (FMC) used to regulate the Indian commodities market, and this commission was further under the purview of the Ministry of Consumer Affairs. Mentioned below are some of the leading commodity trading exchanges in India for trading in various commodities. - **Multi Commodity Exchange (MCX)** Multi Commodity Exchange (MCX) is the most popular commodity exchange in the country that was instituted back in the year 2003. They hold roughly 86% of the industry share in the country’s commodities exchange. Moreover, this commodity trading exchange has also managed to seize the top position worldwide for distinct commodities. MCX is recognized as the biggest commodity exchange for trading in silver and gold, second highest for trading in natural gas, and third-largest for trading crude oil. There are around 40 commodities listed on this exchange. Some of the major commodities that people trade on this platform are crude oil, aluminum, copper, brass, gold, silver, nickel, lead, natural gas, zinc, and many more. - **National Commodity & Derivatives Exchange (NCDEX)** Another commodity exchange in India is the National Commodity & Derivatives Exchange. This platform is popularly regarded as NCDEX and was instituted in the year 2003. Its head office is situated in Mumbai and owns its branches across the nation. Some of the leading brands like Life Insurance Corporation of India (LIC), NABARD, ICICI, and IFFCO are some of the founding members of NCDEX. This commodity exchange is the most suitable place if a person wants to trade in agricultural commodities as 25 out of all the commodities listed with NCDEX are agricultural commodities. India, being the land of spices, traders use NCDEX as a model for pricing their spices. Some of the major commodities listed on the exchange are gold, silver, barley, wheat, cotton, gum, and castor. - **Indian Commodity Exchange (ICEX)** Indian Commodity Exchange(ICX) is another Mumbai-based commodity trading exchange that is monitored by SEBI. Various prominent and leading financial organizations like IDFC Bank and Punjab National bank are some of the significant shareholders investing in commodities at ICEX. Apart from this, ICEX was the premier commodity exchange to launch diamonds for trading in the commodity market through derivative contracts. It intends to barter in all commodities that hold financial significance for the Indian economy. Unlike NCDEX, this exchange trades in all agricultural and non-agricultural commodities. Moreover, this exchange joined hands with the National Council on Measurement in Education (NCME) in the year 2017 and positioned itself as the third-largest commodity exchange in India. Some of the major commodities are diamonds, steels, soya beans, jute, and rubber. - **Ahmedabad Commodity Exchange (ACE)** Ahmedabad Commodity Exchange is another Indian Derivatives and Commodity Exchange that was instituted in the year 2010. This commodity exchange primarily started its working in Ahmedabad’s territorial commodity market, and with time, it grew as a leading commodity exchange in India. It presently holds a multitude of traders and brokers who are associated with this exchange. 51% of the stakes in the ACE are held by Kotak Mahindra bank. Some of the major commodities traded on ACE are gold, crude oil, copper, mustard, and silver. **How to invest in commodities** Trading in the commodity is not always confined to investing funds in the commodities through a stock exchange. Apart from this, a person can further invest in the stock and equity of commodity-producing companies along with investing in mutual funds or exchange-traded funds (ETF), whose primary job is to create commodities. Mentioned below are some of the ways through which a person can trade commodities. - **Investment in commodities using mutual funds and index funds** While mutual funds and index funds cannot be directly employed to invest in commodities, they can be readily utilized to invest in the equities and stock of commodity manufacturing companies like mining, agriculture, etc. Comparable to the stocks, the mutual funds and index funds share can also be affected by numerous determinants other than varying rates of a commodity. It can further include regular share market price variations and other factors relate d to a specific company. However, to provide investors with added exposure to the prices of the commodities, there are a limited number of commodity index funds and mutual funds for investing in commodity-linked borrowed investments and futures contracts. Investing in commodities through these funds can further benefit the investor in getting a diverse portfolio, expert money administration, and liquidity. - **Employing commodity pools and managed futures to invest in commodities** Taking the help of commodity pools and managed futures is another way to invest funds in a commodity after accumulating funds from the investors. People can invest in these commodity pools with the help of a Commodity Pool Operator (CPO). A CPO is an individual who combines all the accumulated amounts and creates a pool of funds for further investing in commodities and futures contracts. The operator must maintain a record of all the transactions made by an investor and also prepare annual financial statements. Furthermore, to assist and advise on the trade of commodity pools, a commodity pool operator can take the help of a Commodity Trade Advisor (CTA). However, a CPO must keep in mind that they must only take the assistance of a CTA with an inspected and verified background and enroll with Commodity Futures Trading Commission (CTFA). Investing in a commodity pool and managed futures holds various benefits for the investors, like a commodity pool, which renders more opportunities for your pool manager to invest the funds and generate profit for you. Apart from this, a person can also receive professional trading advice from CTA. - **Investing in commodities with notes and ETFs** Another great way to invest in commodities is by employing Exchange Traded Notes (ETN), and Exchange Traded Funds (ETFs). These two work similarly to stocks as they enable the investors to gain earnings from the inconsistencies of the rates of a commodity without making a direct investment in the futures contracts. Commodity Exchange Trade Funds normally trace the rate of a single commodity or a pool of commodities that constitute a feature termed as an index–for all futures contracts. An investor also holds the option of backing up the ETFs with the commodity they hold with them. On the other hand, ETNs are a kind of unprotected debt securities that are created to impersonate the variation of rates shown by a particular commodity or an index. All ETNs are always upheld by their issuer. Investing in the commodity by utilizing ETFs and ETNs can enable investors to partake in the price variation of a single commodity or maybe a group of commodities. Also, the biggest advantage of investing with these ETFs and ETNs is that there are zero redemptions and management charges as they are traded just similar to stocks. However, the number of commodities carrying ETFs and ETNs is very limited. - **Investing in commodities using stocks** Multiple investors in the market invest in the stocks of the company, which is related to the commodity they would like to trade-in. For instance, investors who like to trade in a commodity of oil can invest their amount in the stocks of some oil refining companies, or if a person holds an interest in gold, then they can buy socks of some gold bullion or maybe some gold refineries. The main reason why people invest in commodities with the help of stocks is that investment in stocks is considered to be less prone to market variations than investing in a futures contract for a commodity. Additionally, the stock is extremely easy to purchase, sell, and trace. However, before making any investment, the investors must do proper market research about the stocks of the company they intend to invest the amount in. Failing to do this can lead to erroneous investments and losses. Another benefit of investing in stocks to access the market of commodities is that trading becomes easier due to previously held broker accounts, as all information and the financial position of the company can be readily available on the broker’s account. **Advantages and disadvantages of commodity trading in India** There are numerous advantages and disadvantages of commodity trading. While on the one hand, it produces a better chance to gain profits, on the other hand, it is regarded as a high-risk investment leading to higher returns. Mentioned below are some advantages and disadvantages of investing in a commodity. **Advantages of commodity trading in India** - **More eminent growth possibilities** Investing in a commodity trading market can result in an increased profit, as there is an immense demand for commodities nowadays, and prices tend to increase significantly with time. Hence investing in commodities can be a great way to earn some quick funds if the investor knows what they are doing. - **Portfolio Diversification** Investing in commodities holds a lot of avenues and opportunities when a person is looking to diversify his portfolio. Diversification means investing funds in a variety of stocks and schemes to avoid huge losses and stabilize profits. If a person is seeking to hedge against investment in bonds and stocks, then, in that case, investing funds in commodities can be the appropriate alternative for mitigating the stock market risk. - **Render protection against inflation** If a person is a regular trader, then inflation can adversely affect his trading. However, trading in commodities can be a good way to protect the investments from inflation, as when the price of any commodity increases, only then does the inflation tend to rise, and if the inflation rises, so will the price of the commodity in which the person invested, giving protection against inflation. **Disadvantages of commodity trading in India** - **Extremely volatile market** The commodity trading market is extremely volatile and requires lots of precision and experience for any person to earn profits in the commodity market. Moreover, investors need to know about the market to make the right investment. Many investors do not take the risk of investing in a volatile market and sometimes refrain from investing in a commodity. - **Often there is less income generation** Investing in a commodity can be a risky venture for people who are looking for a fixed income similar to what they used to get in stocks or bonds. There is no certainty of a fixed income in a commodity trading market, as it can sometimes generate fewer earnings. As such, it is not an option for those looking for a steady income after retirement. There is a mixed opinion in the market when it comes to investing in a commodity. Commodity trading brings in the same amount of advantages and disadvantages, leading to hesitance in traders, especially those who are new to the market. Investment in commodities can be a risk-taking venture as the prices of a commodity keep on fluctuating due to several factors like government regulations or maybe climate change. Hence, the investor needs to know the commodity market at the back of his hand before investing. **FAQs** **1. Are commodities high risk?** The constant demand and supply of a commodity is the main reason behind the quick price fluctuations in the commodity trading market. Due to such price fluctuations, commodities are considered to be riskier than any other market instruments like stocks and bonds. **2. What is the highest-selling commodity in the world?** Due to its vast usage and presence in every sector of the global economy, crude oil is considered to be the highest-selling commodity worldwide. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How to earn bitcoin and other crypto product(s) without going through exchanges](https://blog.unocoin.com/how-to-earn-bitcoin-and-other-crypto-products-without-going-through-exchanges/) **Published:** January 31, 2022 **Author:** Unocoin Growth **Content:** Mining bitcoin and other crypto products have become much harder than it used to be. Bitcoin and other crypto products’ mining without investment is quite difficult, but it is still possible. We have listed the ways how to acquire free bitcoin and other crypto products without any investment. Though many individuals are now familiar with the term crypto products, the idea behind it has still not reached mainstream knowledge. Even though we witness the popularization of bitcoin, there are still only a few that know how to use them and how to earn with them. As only some do know, the best way to earn bitcoin is through investing or mining. ![How to earn bitcoin and other crypto product(s) without going through exchanges](https://cdn-images-1.medium.com/max/800/1*a7oc1S8v-XXHmwWg0cRSow.png)However, it is possible to earn them as well without having to invest. Some of the easiest ways are given below: **Ways to earn bitcoin and other crypto products without investment:** - Earn bitcoin and other crypto products from Airdrops — One of the easiest ways to bitcoin and other crypto products’ mining without investment is by claiming airdrops. This also allows a person to earn free crypto. To create brand awareness and recognition, airdrops are used as a type of marketing technique that helps attract new investors as well as users to back-chain start-ups. The idea behind this is that bitcoin along with other crypto products are delivered to the bitcoin or crypto wallets of traders that are currently using crypto products. This trade is either done for free or as a payment form for a small promotional service. Airdrops are mainly used as an attempt to gain new followers and more users. - Earn bitcoin or other crypto products with Steemit — As some may understand, the concept of free crypto or free bitcoin is generally based upon the fact that you don’t pay for it. However, that doesn’t mean it is completely free. In exchange for bitcoin or any other crypto, a person will have to do something to earn it, for example, blogging. This is where Steemit comes in as a way for bitcoin mining or other crypto products mining without investment. A person can earn free crypto based on the blogs they curate and publish on social media sites or blogging sites. The site comes with a free bitcoin/crypto wallet where the bitcoin or the crypto earned get stored as a form of reward. Earn bitcoin against your blogging efforts - Earn bitcoin/crypto from bounty programs — As many of us know, the idea behind bounty hunters is a tale of time. Though some may not have seen it in real life, the knowledge about bounty hunting that movies have portrayed gives a person an idea about what the job is all about. The same can be applied to those who are looking for a free bitcoin, easy crypto or cash generator through the form of free crypto(bitcoin) mining without investment. Bounty programs act as a way for individuals to earn crypto products by providing valuable information on highly wanted hackers. The more information they provide, the more they receive in their free bitcoin wallet or a personalised crypto wallet. Earn crypto products by providing valuable information on highly wanted hackers - Start crypto mining to earn bitcoin(also other cryptos) — Through this form of crypto mining, it is possible to perform free crypto/bitcoin mining without investment. Though it takes time, by mining, a person can earn crypto products or bitcoin without having to pay any money for it. As a reward for completing blocks, those who start crypto or bitcoin mining receive cryptos or bitcoin as a reward added to the blockchain. Blockchain is a server to stores information in a way that becomes impossible to change. It also acts as a free bitcoin wallet or free crypto wallet as well as an exchange platform for crypto products. - Earn bitcoin or earn crypto products as a Freelancer — Like any other job occupation, the crypto products’ world also offers freelance jobs and positions. This is mainly applied to individuals that are interested in the technical aspect of bitcoin. As payment, they are rewarded with bitcoin or other popular cryptos. As a free bitcoin/crypto or cash generator, this can be considered the easiest way to earn free bitcoin/crypto without investment. However, this is mainly applicable to people who understand this field and can perform the bitcoin tasks provided either directly from clients or through freelance websites. Freelance and earn bitcoin as payment Though bitcoin works on a large global scale, not many are aware of it. [Unocoin](https://unocoin.sng.link/Awg8j/6n3s?_dl=unocoin%3A%2F%2F) is an Indian based crypto company that has extended its hand to help increase the use of crypto products in the Indian economy. Be it through investment or without investment, the company has worked towards helping people buy and sell, trade, and even exchange bitcoin. **FAQS** 1\. How can I get bitcoin for free? Ans: Crypto products like bitcoin can be received for free as a way of payment for completing certain tasks. This can be achieved by visiting certain websites that pay with cryptos. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin .com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: Basic Attention Token](https://blog.unocoin.com/know-your-coin-basic-attention-token/) **Published:** February 2, 2022 **Author:** Unocoin Growth **Content:** The three things every crypto project advocates for are **decentralisation, distribution and security.** When we talk about security, privacy comes into the picture. Today, with an ever-increasing number of internet users worldwide, businesses becoming more data-oriented, online security and privacy become a huge concern. While the creator economy is blooming, the giant tech companies continue to compromise users’ privacy by marketing their data to advertisers. The whole $330 billion advertising industry fails to deliver quality service to the advertisers and fails to reward publishers and users. This is where Brave comes in with a solution. Brave is a fast, open-source, privacy-focused browser that blocks third-party ads and trackers, and builds in a ledger system that measures user attention to reward publishers accordingly. ![Basic Attention Token](https://cdn-images-1.medium.com/max/800/1*n99NzuwR0xXcnk39dCyrzw.png)In a nutshell, Brave is just another browser like Chrome or Safari, and it simply blocks ads and measures your engagement spent on the internet to reward you. Brave has introduced its token on the Ethereum blockchain called BAT a.k.a. Basic Attention Token. Brave uses BAT to reward its browser users for their attention while protecting their privacy. Like other crypto founders, Brave powered BAT is also founded by prominent figures from the industry. Basic Attention Token was founded by Brendan Eric and Brian Bondy, both of whom are distinguished individuals in the internet browsing software industry. Before starting Brave, Brendan Eric was the founder and CTO of Mozilla and also the engineer who wrote JavaScript in 1995. He later went on to launch one of the most popular browsers, Mozilla Firefox in 2004. Today he is leading Brave Software Inc., the firm behind Brave browser and BAT token as the CEO. Similarly, Brian Bondy has more than 50 years of experience in software development. He was previously at Mozilla and led the software development for Khan Academy. He is currently serving as CTO of Basic Attention Token. ### BAT Value Proposition BAT is a token built on the Ethereum blockchain which provides security and anonymity to its users. BAT philosophy assigns three things to three groups of visitors: Users, Publishers, and Advertisers. 1. **Users** — Users access the internet browsers equipped with strong security and privacy algorithms. Their data is not shared anywhere and Brave blocks any third-party ads. BAT counts the users’ attention and rewards them accordingly. 2. **Publishers** — Creators and publishers monetize their content more effectively. They are rewarded with BAT tokens for producing great content and users can also contribute through tipping them. Brave currently has more than 1.3 million verified creators. 3. **Advertisers** — Ads on Brave browsers are shown only to interested users with anonymity. Advertisers get better returns on their advertisements’ spent without violating users’ privacy. There are currently 400+ advertisers on Brave from about 187 countries. ### BAT current market value Trading price (At the time of writing) — $0.8398 Global Market Cap (at the time of writing) — $1,255,414,947 Global Trading Volume (at the time of writing) — $91,539,749 Circulating supply — 1.49B BAT Maximum Supply — 1,500,000,000 BAT ### Where to trade BAT To trade BAT at Unocoin, you can download the Unocoin application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during the second month of this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. What’s more? With Unocoin, you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! [About Unocoin](https://www.unocoin.com/) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App s tore link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [INR 100 worth of BTC for free — No questions asked!](https://blog.unocoin.com/inr-100-worth-of-btc-for-free-no-questions-asked-2/) **Published:** February 5, 2022 **Author:** Unocoin Growth **Content:** The offer is extended for the new year 2022! ![](https://cdn-images-1.medium.com/max/800/1*zlAUPvctKZkCsC9tFefOxA.png)Get INR 100 worth of BTC on each user sign-up at UnocoinThis new year, Unocoin has got you an offer like no other! For every new user sign-up, you get INR 100 worth of bitcoin credited to your wallet as a welcome bonus. There is no better chance to start your crypto journey. The offer is still valid. What is more: 1. Refer your family to join Unocoin using your unique reference code. They get INR 100 worth of BTC for free on their sign-up + You get 15% of the transaction fee of every transaction they make. No Conditions applied 2. INR 100 worth of BTC for each sign up means INR 500 worth of BTC for a family member of 5. Sharing is caring. Grow your network. 3. No need to - apply or redeem a coupon, or - pay the additional cost or - go through the lengthy online process or - stand in a queue or - go through the time-consuming documentation! [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Crypto Products’ Mutual Funds — Everything you need to know about them](https://blog.unocoin.com/crypto-products-mutual-funds-everything-you-need-to-know-about-them/) **Published:** February 5, 2022 **Author:** Unocoin Growth **Content:** Both mutual funds and crypto assets have become popular investment options in present times. However, given the benefits these investment options present, investors get confused when making an investment decision. It was why the concept of crypto assets mutual funds came into the picture. Keep reading the article below to learn more about crypto assets mutual funds and ETFs. ![Crypto Products’ Mutual Funds — Everything you need to know about them](https://cdn-images-1.medium.com/max/800/1*HifbNlYHjGXStPj8jIEShA.png)Trading in crypto assets has become a trend in the present times. These online assets are remodelling the digital world and offering everyone unprecedented and innovative types of potential. However, it might not be wrong to assume that the crypto assets market remains exceptionally volatile and variable. On the other hand, mutual funds refer to an investment vehicle where a group of investors pool their funds to gain profits on their invested money over a set period. Also, this pool of funds usually gets handled by a professional known as a portfolio or funds manager. In addition, when compared with crypto assets based on volatility, mutual funds are less volatile. Therefore, to make crypto assets investment effortless, crypto organizations began consolidating mutual funds and crypto assets features for a secure investment. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/zpne?_dl=unocoin%3A%2F%2F) Founded in 2013 as India’s leading company to trade in crypto assets, and prominently bitcoin, [Unocoin](https://unocoin.sng.link/Awg8j/zpne?_dl=unocoin%3A%2F%2F) is one of the most secure crypto trading and exchange platform to flourish as a global name in the realm of crypto assets. It presents a far-reaching trading platform with an interactive web portal and a recently developed easy-to-use mobile application to promote crypto exchange on the go. **What is crypto assets mutual funds?** Crypto assets mutual funds refer to Coin Sets that enables you to choose a collection of crypto assets as you invest in mutual funds like emerging coins, large-cap coins, and many more. These Coin Sets, founded by Mudrex, a US-headquartered Indian crypto asset manager, work similarly to mutual funds. Moreover, these Coin Sets also hold a basket of the top five crypto-tokens known as NFT. In addition, Coin Sets is a logical expansion of the crypto space. In addition, after investing funds in large-cap crypto coins, investors remain intrigued to look for other cryptos for investment. **Why Choose Crypto Assets Mutual Funds?** The sole reason you must invest funds in crypto assets mutual funds and ETFs is it offers the advantages of mutual funds and crypto assets. Moreover, the most significant advantage of crypto assets mutual funds is that they present exposure to the crypto without the extra costs of ownership. In addition, by investing funds in the best crypto assets mutual funds, you can diversify your money for better long-term growth. **Benefits of Investing in Crypto Assets ETFs** Crypto Assets ETFs refer to exchange-traded funds that pursue the cost of digital currency and sell on conventional market exchanges rather than crypto assets markets. They enable people to invest in crypto without moving through the trouble of employing a crypto assets exchange while implementing leverage to its cost. Mentioned hereunder are some benefits of investing funds in crypto assets ETFs. #### Convenience Investing funds in crypto assets ETFs presents an advantage to the value of online funds without learning about how crypto works. Also, there is no need to sign up on a crypto exchange and take the risk of owning a digital currency. #### Diversification Crypto assets ETFs can carry more than one asset. For instance, crypto product ETFs could include bitcoin, Facebook stocks, Apple stocks, and more — rendering investors the chance to decrease risk and expand their investment portfolio. Furthermore, by trading on a controlled market, crypto assets ETFs would present investors with the option to broaden their current investment portfolios. #### Tax effectiveness Given that crypto assets are uncontrolled and decentralized, various investment plans do not accept crypto assets purchases. On the other hand, crypto assets ETFs trading on traditional exchanges would likely remain regulated by the SEC and qualified for tax effectiveness. **Drawbacks of Crypto Assets ETFs** Mentioned hereunder are some drawbacks of investing funds in crypto assets ETFs. #### High management fees Crypto assets ETFs usually impose management charges for the assistance they render. Consequently, owning a significant volume of shares in crypto assets ETFs could point to high management expenses over time. #### ETFs inaccuracy While crypto assets ETFs pursue the value of an underlying asset, they can likewise hold various holdings to expand the portfolio. It implies that a 50% increase in the crypto value may not get perfectly displayed in the value of the exchange-traded funds due to additional holdings. Hence, while a crypto assets ETFs presents leverage to crypto price, it might or might not be an accurate price tracker. #### Lack of ownership Crypto assets work as a protection against fiat currencies, central banks, and equities. By remaining self-governing of banks, crypto assets present a way to decrease risks likened to the monetary system. Crypto assets additionally guard users and investors by providing privacy through blockchain technology that remains regulated by the government. ### Limits to crypto assets trading Crypto Assets ETFs would not remain acceptable to trade for other cryptos, except bitcoin. In addition, it gets identified as an investment capital that determines the crypto assets cost. ### Final words To summarise, we can say that modern crypto investors are enthusiastic about crypto assets mutual funds and look forward to investing funds in these mutual funds coin caps. However, before investing your money in these mutual funds, you must remain aware of all the rules regarding mutual funds and crypto assets ETFs for a secure investment. **Frequently Asked Questions** **1. What is the best crypto assets ETFs?** ProShares Bitcoin is amongst the best crypto assets ETFs and mutual funds crypto assets that investors can contemplate investing their funds in 2022. **2. Can I buy bitcoin ETFs?** A bitcoin ETF imitates the cost of online currency, enabling investors to purchase the ETFs without buying bitcoin itself. Also, investing funds in bitcoin ETFs clears problems of complicated storage and security methods required for mutual funds crypto assets investors. **3. Which are the most reliable crypto assets funds?** While there are numerous reliable crypto assets funds in modern times, you should prefer investing in bitcoin, ethereum, and Bitcoin Cash to get the best returns on your investments. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) l isted on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How to Create Your Crypto Products](https://blog.unocoin.com/how-to-create-your-crypto-products/) **Published:** February 8, 2022 **Author:** Unocoin Growth **Content:** You must have heard a lot about different crypto products and how they have brewed up a storm in the world’s financial markets. You might be having many questions on your mind. Don’t freak out; we have got you covered. Creating crypto products may sound easy, but many things are needed to be covered to create your crypto products. In this blog, let us see in detail how to create crypto products. ![How to Create Your Crypto Products](https://cdn-images-1.medium.com/max/800/1*1hHeZPRZKVRQ9RBK_vDugg.png)**A brief about creating our crypto products** Not everyone can create their crypto products. You need the required technical expertise to be able to do this. If you don’t have the required expertise, you can hire developers who are experts in this field or use platforms that help you create crypto products easily. But make sure you follow all the necessary protocols. Before creating your crypto products, do proper planning about the functionality, working, and architecture of blockchain because making changes after launching is not possible. Lastly, don’t forget to make it legal because it is essential to make sure it abides by all the international crypto products’ regulations. **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/7dlb?_dl=unocoin%3A%2F%2F) ![](https://cdn-images-1.medium.com/max/800/1*v5ZMxwFdknepUpfe9KDf_w.jpeg)[Unocoin](https://unocoin.sng.link/Awg8j/7dlb?_dl=unocoin%3A%2F%2F) is India’s first and largest platform for simple, secure and seamless trading & exchange of bitcoin and other crypto products. It provides storage, wallet facilities and one of the best crypto products exchange software. Here, you can easily buy, use, and accept bitcoin by following the KYC guidelines. **How to make crypto products?** Now, when you know what crypto products are and their different types, let’s talk about how to create crypto products. The steps to be followed while creating your crypto products are given below: **Step 1** The first step while creating your crypto products is the creation of your blockchain. But, creating your blockchain requires high coding abilities, and not everyone has that much expertise. In this case, you can use a crypto products’ development tool. The main reason why experts prefer building their blockchain is to maintain full ownership of their crypto products. **Ways to develop your code for crypto products** - These days many courses are available on the internet, which can teach you how to create your crypto products right from the basics, but these courses cost a lot and are quite lengthy. Therefore, you should undertake these courses only if you want to become a professional crypto product maker. Wasting your time on such courses if you have no intention of becoming a professional crypto product maker is not advisable. - By letting experts from a crypto products’ platform do the technical stuff for you, you can save a lot of time. This is one of the modern methods of crypto products’ creation used by many people. While this may also entail initial costs, it is much more feasible for the average user with no technical expertise in this field. - One other beneficial method is to use existing open-source code and make certain modifications according to your requirements. This is one of the best techniques recommended for amateurs in this field who don’t have substantial resources to spend on crypto products’ creation. This involves straightforward coding, which you can quickly learn through online video tutorials. **Step 2** After selecting a platform, you need to decide the working and functionality of your blockchain. Design the nodes and decide other things accordingly, such as whether the permissions will be private or public, the hosting premises, and the required hardware for execution. Also, keep the internal architecture in mind before you start creating your crypto products because you won’t be able to make any modifications after their launch. **Step 3** Not all platforms provide pre-built APIs and so make sure yours does. Even if it doesn’t, you don’t need to worry since you can use several third-party blockchain API providers like ChromaWay, Gem, Colu, Bitcore, BlockCypher, and Tierion. **Step 4** One of the most important steps is the creation of an interface. Creating world-class crypto products are useless if your interface is not good. Make sure that the FTP servers and external databases are up-to-date. Also, make sure that front-end and back-end programming is done with future upgrades in mind. **Step 5** After creating a crypto product, it is all about making money with it and protecting it, which is usually more complicated than the creation part. Many people fail in this market because they are not able to follow these steps correctly. You don’t get instant profits from crypto products just after creation. It profits only if it is promoted by a large number of people in the community. You need to be familiar with a similar crypto group to ensure this for your currency. Make sure that you do this before creating your currency because the secret of a good currency is that it truly satisfies the local community’s requirements. **Step 6** Another essential part of development is to ensure its optimal protection and stability. - Stay updated with the basics of techniques used by hackers for this. - Ensure that you do a significant amount of research in these areas to remove all the gaps from your crypto products that hackers can exploit. A defective crypto product is dangerous in crypto trading and can be harmful to your customers. In this regard, a poor reputation within the community will hamper the performance of your coins significantly. **The financial aspect of crypto creation** ![](https://cdn-images-1.medium.com/max/800/1*eOSNskOItUSwgSlv5Y3pRA.jpeg)While creating your crypto products, you need to take care of the financial aspects as well. You have to spend money during crypto products creation on white paper development, the concept of your project, its technology and algorithm. Combining all these things, crypto products creation can cost anywhere between $2000 to $5000, depending on your needs. A feature-rich crypto product cost more than the normal ones, and the costs vary according to the development stages used. After you are done with “how to create a crypto products part” and have successfully created it, you can launch it in the market. You can also utilize crypto products’ exchange software to gain maximum profits. **Benefits of having your crypto products** Many industry experts have predicted a growing market where blockchain technologies can change the status quo and reward early adopters generously. Also, the good thing is that blockchain technology has not properly arrived in many areas yet, so it’s not too late to join pioneers’ ranks. Another benefit is that you get many useful marketing resources and customer incentives when you plan to launch crypto products, which sets you apart from your competitors. Some of the advantages of having your crypto products are given below: - Crypto products cannot be counterfeited easily, and no one can undo previous purchases. Hence, the fraud threat is reduced significantly. - It provides anonymity in sales as clients can decide about the information they want to share with the vendor. - The blockchain has a very small exchange or interest rates or transaction charges. This reduces running costs significa ntly. - State holidays, working hours, or the parties’ physical location do not impact crypto products while delivering instant transfers due to completely digitized procedures. - Crypto products ensure an immediate pool of prospective buyers; you can now do business with those lacking access to standard capital for exchange. This means no limits on trade in some markets. - It protects your savings because there is no regulating authority like banks or government authorities who can seize or freeze your money. Crypto products are decentralized methods providing full security. **ICO Marketing** Simply stated, an ICO (Initial Coin Offering) is a round of crowdfunding that uses crypto-tokens instead of standard currency. An ICO is like an IPO (Initial Public Offering) but without the multiple levels synonymous with legislation. This is a tradable Kickstarter pledge that reflects an early interest in and application of a project. Such deals allow small companies and start-ups the chance to try their project easily and get an estimate on how much consumers are willing to pay for a solution. By doing so, they can get big funding round like Kickstarter before they have to spend hundreds of thousands of dollars to produce a finished product. Therefore, an ICO is a method in which a company can raise cash quickly without going through traditional auditing and regulation procedures. Your ICO marketing strategy should focus on three essential elements listed below: - Introduction of potential investors to your team: If you want to build investors’ trust around your offering, it is crucial to introduce your whole team to everyone. An anonymous team leads to people having suspicions about fraud chances, proving detrimental for your business. - Community development: Crypto products is useless until you have a community supporting them and are willing to verify their transactions and promote them further. Your reach increases if you have a well-developed community to present your ideas around crypto trading. - Meeting potential investors: To get success in crypto products, you need to go out and meet potential investors. You need to convince them about your crypto products’ credibility and how investing in them can be beneficial for them. **FAQs** 1. Can I create my crypto products? Yes, anyone can create their crypto products using the right resources and following all the rules and regulations. 2\. How much does it cost to create your crypto products? The average cost of creating your crypto products varies according to your procedures and how you have chosen to create them. If you are taking the help of a professional crypto products’ developer, it might cost more, and if you possess the required technical expertise and are going to create it yourself, it would cost less. 3\. What gives crypto products value? Like all the currencies, crypto products also gain value based on community involvement, such as demand and supply. These determine the prices of any crypto products. If it has high demand and low supply, its value shoots up and vice versa. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: USDT & BUSD](https://blog.unocoin.com/know-your-coin-usdt-busd/) **Published:** February 9, 2022 **Author:** Unocoin Growth **Content:** **Why are stable coins important?** When bitcoin was first released in 2008, it was aimed to be used as electronic cash or on the line of currency — for the exchange of values and goods. As the bitcoin network grew, and more people started to use it, the price volatility increased. There were times when the price of bitcoin went in either direction by 10% in the span of a few hours. As such, it is not preferred to consider bitcoin as a currency for daily exchange on goods and services. Here is a simple example of why it is not feasible for bitcoin as currency until the volatility is stable (at least for now). Suppose you are planning to buy a car for INR 50 lakhs. You take your bitcoin worth INR 50 lakhs to the car showroom. However, before you make the final purchase, the bitcoin price goes down to INR 45 lakhs. You won’t be able to buy the car with the same amount of bitcoin you thought you could. With this kind of volatility, it will be difficult for you to make any real purchase in the market. Thus, the purchasing power of bitcoin is inflected and people cannot be using something they don’t know the purchasing power of the next moment. ![Know Your Coin: USDT & BUSD](https://cdn-images-1.medium.com/max/800/1*zulVxVz7G8lSD91kWrq1kA.jpeg)### Stable coins solve the problem of volatility. To solve this problem, innovators and engineers have come up with the concept of stable coins. A stable coin is a digital currency pegged 1:1 to a stable reserve asset like the U.S. dollar or Indian Rupee. Stable coins aim to reduce volatility and bridge the gap between crypto-assets and real-world fiat currencies. Unlike other crypto assets, stable coins have real value pegged to them. Every stable coin has an equivalent value to a reserve asset. - Stable coins are backed by real value currency like USD, INR. - Stable coins can be used to transfer assets globally in a fast, cheap and secure way. - Stable coins are open, global, and accessible to anyone on the internet, 24/7. ### Stable coins can be used in the following ways - Minimize volatility- Since stable coins are pegged to fiat currency and their values directly reflect with an equivalent amount on the reserve assets, there is minimized volatility. - Trade or save assets in stable coins- With the minimized volatility nature of stable coins, it can be used to trade other assets. During the volatile and bearish market, assets can be converted and saved in stable coins. - Stake/Lend to earn interest- Because of its stable nature, many platforms including Unocoin provide a lending/staking feature. Users can stake or lend their stable coins to earn interest. - Transfer money/assets cheaply and globally- Although stable coins are just like any other crypto assets on the blockchain, they can be used to transfer money cheaply and globally. Most stable coins maintain their ledger on blockchain and audit it publicly, and hence it offers an efficient way to transfer assets. ### USDT Stable Coin Launched in 2014, USDT is the first stable coin second-layer crypto-token built on the bitcoin blockchain. 100% backed by Tether reserve and fully transparent stable coin (as per their claim), USDT is issued by a Hong Kong-based company Tether. All USDT is pegged 1-to-1 with U.S dollars. Currently, the USDT token is built on several leading blockchains, including Algorand, Bitcoin Cash’s Simple Ledger Protocol, Ethereum, EOS, Liquid Network, Omni, Tron and Solana. For transparency purposes, Tether every day publishes the record and audit of the current total assets and reserves. Brock Pierce, Reeve Collins and Craig Sellars are the founders of USDT. **USDT Stats:** Market Cap (At the time of writing) — $77,994,394,418 Volume (At the time of writing) — $46,329,736,173 Total Supply — 80,074,893,058 USDT ### BUSD Stable coin BUSD or Binance USD is another stable coin by Binance in partnership with Paxos, which is one of the largest crypto exchanges by volume. BUSD is issued by Binance and backed 1:1 to the U.S dollar. It is approved and regulated by the New York State Department of Financial Services (NYDFS). According to Binance, purchase and redeem of BUSD cost zero fees and can be transferred globally. BUSD supports both ERC-20 and BEP-2. **BUSD Stats:** Market Cap (At the time of writing) — $16,530,631,712 Volume (At the time of writing) — $3,528,762,644 Total Supply — 16,522,327,497 BUSD ### Where to trade Stable coins To trade stable coins like USDT and BUSD at [Unocoin](https://unocoin.sng.link/Awg8j/ximk?_dl=unocoin%3A%2F%2F), you can download the Unocoin application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign-up during the second month of this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. What’s more? With [Unocoin](https://unocoin.sng.link/Awg8j/ximk?_dl=unocoin%3A%2F%2F), you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! **About Unocoin** [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Un ocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Is 2022 a good year to invest in crypto products?](https://blog.unocoin.com/is-2022-a-good-year-to-invest-in-crypto-products/) **Published:** February 12, 2022 **Author:** Unocoin Growth **Content:** Are you planning on invest in crypto assets? Here are a few things you need to know before investing in crypto-assets. Do you know that you could be a billionaire today if you had invested in crypto assets just a few years back? Yes, that is true, and many people have been fortunate enough to get high returns on their crypto assets investments. But even today, crypto assets have not lost their value and we see many people investing in them. ![Is 2022 a good year to invest in crypto products?](https://cdn-images-1.medium.com/max/800/1*vRIi24ojEdykcW-Idzy0_Q.jpeg)But since it is a matter of investing our hard-earned money, many of us are hesitant to do so. So should I invest in crypto assets? Which is the best crypto assets to invest in so that I get high returns? Is crypto-assets a good investment, or is it just hyped up? Let us learn more about the same. Also, if you are looking forward to investing in bitcoin and other crypto assets, you must check out [Unocoin](https://unocoin.sng.link/Awg8j/mw7m?_dl=unocoin%3A%2F%2F). It is India’s leading bitcoin trading and exchange platform that enables Indians to trade and invest in crypto-assets. They make investing easy for beginners and promise to provide the best service at all times. Recently, [Unocoin](https://unocoin.sng.link/Awg8j/mw7m?_dl=unocoin%3A%2F%2F) has launched its new android mobile application that makes crypto trading easy and convenient. Coming back, should I invest in crypto assets in 2022? Let’s find out. ### Things To Know Before Investing In Cryptoassets Firstly, you need to be clear about what exactly crypto assets are. Crypto Assets are digital data or virtual currency based on blockchain technology and used as a medium of exchange. There are different crypto assets, and hence you must find the best crypto assets to invest your money in. The most famous is Bitcoin followed by Ethereum, Dogecoin, LTC, etc. ![](https://cdn-images-1.medium.com/max/800/1*8_iMkVAXqqwMIFFunZA0Ww.png)Here are a few things you need to know before investing in crypto assets: - Cryptoassets are decentralised, meaning not linked to any government or bank. Hence these institutions cannot guide you for the same, and neither can you exchange crypto assets with them. - You can store all your crypto investments in a virtual wallet that enables you to trade and share on the platform you choose to invest with. - There are more than 6,000 crypto coins listed in the CoinMarketCap that you can choose from to trade. ### How secure is crypto-assets? The crypto assets you purchase are safe and secured by cryptography, which means that only the sender and the receiver can access the contents. No third person is involved in the process, and hence the chances of fraud are zero. **Pros and Cons of Investing in Cryptoassets** Should I invest in crypto assets in 2022? Is crypto-assets a good investment? If you’re still stuck with these, here are some of the pros and cons that can help you sort out your doubts: **Pros:** - Financial inclusion - No third party involvement - Immediate settlement and accessibility to everyone - Worldwide operations with transparency and flexibility - Reduced transaction costs - Fast and unlimited transactions - Maintenance of anonymity **Cons:** - Highly volatile - Involvement of regulatory risks Investing correctly and choosing the right platform plays a crucial role in deciding your future returns. Also, select the best crypto assets to invest in, and start your journey today! ### FAQs 1. **What is the best place to trade crypto assets?** Various platforms allow you to trade and invest in crypto-assets. However, you need to choose the best one for yourself. An ideal trading platform should offer a smooth and user-friendly interface, low charges, and truthful returns. [Unocoin](https://unocoin.sng.link/Awg8j/mw7m?_dl=unocoin%3A%2F%2F) is an online platform that provides all the features listed above, helping you find the best crypto assets to invest your money in. **2. How much money do you need to invest in crypto assets?** There is no upper or lower limit as to how much money you need to invest in crypto-assets. You can buy one coin or thousands as per your budget. However, the more you invest, the more returns you will get. The same applies to your loss. While investing, be sure that in case of loss, the loss is bareable and does not affect ones livelihood. **3. What are some crypto assets trading tricks?** Should I invest in crypto assets? You should! Based on your risk apetite. And to gain high returns and make the maximum out of the money invested, you need to follow a few tricks and strategies. Here are a few of the most used tricks that boost your investing game: - Create a target for trading: Make a list of your profits and losses and set a target daily. Doing this will help you invest mindfully and clearly. - Stay Alert: You can never predict when the market may crash. Hence stay alert and take action on the slightest change you notice to avoid major losses. - Plan your risks: Investing is all about taking risks. However, set a goal as to how much losses you can afford and manage your holdings accordingly. Trust market cap over the prices: Choose coins that have larger market capitalisation as they can fetch higher interest. Try not to invest in crypto assets based on their prices. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Market Analysis- BTC, ETH, ADA, XRP, DOGE](https://blog.unocoin.com/market-analysis-btc-eth-ada-xrp-doge/) **Published:** February 12, 2022 **Author:** Unocoin Growth **Content:** *Friday, Feb 11, 2022, Unocoin, Bangalore.* It’s the second month of the year and it has already been quite eventful. Everything is looking positive on the market front and thus in turn the news. The highlights of this week were that the second largest country to hold crypto by population, Russia, announced that the government is looking to regularise crypto products. At a close second, news from the state, the biggest asset management firm, BlackRock has planned to offer bitcoin to it’s clients. As the market is starting a new cycle, the “Fear and Greed Index” is now at 50, which is neutral compared to “Extreme Fear” two weeks back. This helped the market touch 2 trillion global crypto market capitalisation earlier this week. Also, Texas’ senator Ted Cruz is known to have bought the bitcoin dip at $15K-50k (That’s clever!). As cryptos are making a new support band, let’s see the analysis. ### BTC/USD ![](https://cdn-images-1.medium.com/max/800/0*GM2gsdG5fQlC4j8Y)BTC/USD Market AnalysisIf history repeats as it always does, Bitcoin may continue to rally for two weeks more. In our previous week’s analysis, we have noted on the Heikin Ashi candle that the Bitcoin market may reverse at any time in the week. We can confirm one thing today, yes Bitcoin enters a new cycle. BTC/USD is now moving above the 50-days moving average at $42431 and 21-days EMA at $41257, which is a good sign. Supertrend indicator tells that we are again in the bull uptrend. On the practical side, before seeing a new ATH, BTC/USD has to overcome the resistance at $52887. For that to happen, the bulls has to gear up big. ### ETH/USD ![](https://cdn-images-1.medium.com/max/800/0*jGhjdJXBQHXDlrmK)ETH/USD Market AnalysisThis time, the Ethereum story is different from that of Bitcoin. The bulls successfully overcame the 20-days EMA at $2957 and the 50-days MA at $3172. But the bears were aggressive and pushed the market back to $3076 on 19th February. For now, the ETH/USD is still moving below 50-days MA. There is a considerable resistance at $3381, which ETH/USD need to break before making a new bull run. One optimistic forecast we can see on the Ethereum market is the Supertrend indicators give a bullish signal. The RSI indicator moving around the 40–50 range provides a good buying opportunity for the bulls. ### ADA/USD ![](https://cdn-images-1.medium.com/max/800/0*INHDdq3FEQVkPGr2)ADA/USD Market AnalysisOn the ADA/USD market, the bull makes a rally on 9th Feb with 5.47% up, but the bears hold back on the next day. The bull has bypassed the 20-days EMA at $1.45 but failed to break the 50-days EMA at $1.51. The RSI is signalling midway and giving an indecisive moment for both bears and bulls. On the bigger picture, the Cardano market makes successive lower lows and lower highs. No doubt, the supertrend’s bearish signal since 21st January is continuing. The thigh to watch here is if it fails to hold the 20-days EMA at $1.14, it might slide down to $1. If that happens to ADA/USD, it will be critical to look at this market. ### XRP/USD ![](https://cdn-images-1.medium.com/max/800/0*UR5G66fdVMW6f9tP)XRP/USD Market AnalysisIn our last week analysis, we told that XRP/USD market is an interesting one. Well, that seems to hold. According to CoinMarketCap and TradingView data, the XRP/USD has overtaken ADA/USD by market capitalisation. The new digital silver XRP is now the fourth biggest crypto asset by market capitalisation (Excluding stablecoins). From 3rd till 8th Feb, the XRP/USD makes a total gain of 54.84%, which is impressive considering the other markets’ consolidation phrase. Both the 20-days EMA and 50-days MA are moving below the price, which is good for XRP/USD. The Supertrend indicator just reversed the signal to bullish on 7th Feb. The digital silver XRP market looks promising for now. ### DOGE/USD ![](https://cdn-images-1.medium.com/max/800/0*X20e8id43TEaXNt7)DOGE/USD Market AnalysisInterestingly, the DOGE/USD breaks both 20-days EMA ($0.15) and 50-days MA at(0.15) on 7th Feb but failed to hold it the next day. The dogecoin market is still holding above 20-days EMA and trading at $0.152 on the Unocoin exchange. If DOGE/USD make support at the 20-days EMA, the new resistance will be at $0.17. If bulls can pull this off, the DOGE/USD market will be moving about the 50-days MA. The RSI indicator is around the midway, which still holds a promising buyers opportunity. One thing to be careful in this market is the volume is low as per the data on TradingView. Caution The views provided here are only for informational purposes, and as such, this should not be taken as financial advice. The author holds no responsibility for any loss of assets. Traders must do their research or consult their financial advisors. ### Where to trade Crypto? To trade Crypto at Unocoin, you can download the Unocoin application or sign up [here](https://unocoin.sng.link/Awg8j/pja8/5ddv). For every unique sign up during the second month of this new year, new users will get a welcome bonus of INR 100 worth of bitcoin. What’s more? With Unocoin, you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! [About Unocoin](https://unocoin.sng.link/Awg8j/pja8/5ddv) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Ever wondered who the founder of Bitcoin is?](https://blog.unocoin.com/ever-wondered-who-the-founder-of-bitcoin-is/) **Published:** February 15, 2022 **Author:** Unocoin Growth **Content:** Bitcoin is protected by encryption, and it is classified as a crypto asset. Bitcoin is one of the earliest digital currencies to use Peer-to-Peer (P2P) technology to allow immediate transactions. Bitcoin “miners,” who own the governing computing power and participate in the bitcoin network, are responsible for processing transactions on the blockchain and are given rewards (for the release of new bitcoin) and transaction fees paid in bitcoin. This article will discuss how bitcoin works, the founder of bitcoin, his net worth, and much more. ![](https://cdn-images-1.medium.com/max/800/1*H2cADPJ_I4AdePLUWMBI4g.png)### A brief about bitcoin Bitcoin is decentralised digital money and is protected by encryption. It was first introduced in January 2009. It’s based on Satoshi Nakamoto’s ideas, laid out in a whitepaper. There is no real bitcoin; instead, balances are stored on a public ledger that everyone can see (although each record is encrypted). It uses a vast amount of computational power to verify all bitcoin transactions through a process known as “mining.” The identity of the person or people who developed the technique is anonymous. Bitcoin, unlike government-issued currencies, promises lower transaction fees and is controlled by a decentralised authority. The bitcoin system consists of a network of computers (also known as “nodes” or “miners”) that execute bitcoin’s code and store its blockchain. Each block contains a set of transactions. Nobody can deceive the system because any computer running the blockchain has the same list of blocks and transactions and can see these new blocks filled with recent bitcoin transactions in real-time. These transactions can be seen in real-time by anyone, regardless of whether they run a bitcoin “node.” A bad actor, player, participant, or miner would need to control [51%](https://www.investopedia.com/news/how-bitcoin-works/) of the processing power that makes up bitcoin to do any unethical acts. As of September 2021, bitcoin has roughly 11,300 complete nodes, with more on the way, making such an attack highly implausible. [Unocoin](https://unocoin.sng.link/Awg8j/hzzy?_dl=unocoin%3A%2F%2F) is one of India’s most popular crypto assets exchanges. In India, it is the most reputable bitcoin trading platform. It provides you with access to a secure and user-friendly trading platform where you can trade a wide range of digital assets. ### Founder of bitcoin Satoshi Nakamoto is the pseudonym for the person who wrote the initial bitcoin [whitepaper](https://bitcoin.org/bitcoin.pdf). He is known for developing bitcoin. The bitcoin crypto asset’s inventors employ Satoshi Nakamoto’s name to remain anonymous. Despite various people claiming to be Satoshi, his genuine identity has never been confirmed or exposed. Based on bitcoin’s current price, Satoshi would be a billionaire today and continue to be in future. It is still unknown if the bitcoin founder’s name relates to a single person or a group. It is known that Satoshi Nakamoto wrote a paper in 2008 that catapulted crypto asset development. When Nakamoto posted his famous whitepaper on a cryptography mailing group, detailing a digital currency that would allow safe, peer-to-peer transactions without the involvement of any middleman, such as the government, financial system, or a firm, bitcoin was born. These transactions would be tracked using blockchain, a ledger similar to those used by financial institutions, except that it would be distributed throughout an entire network, with exact duplicates kept by all participants and visible to all, and it would be safeguarded by cryptographic means. There will never be a total of more than 21 million bitcoin in circulation. The smallest unit of bitcoin is known as a Satoshi, and it is divisible to eight decimal places (100 millionths of a bitcoin). If necessary and if the participating miners accept the change, bitcoin may someday be made divisible to even more decimal places. The purpose of Nakamoto’s crypto asset was to take control of cash away from banking elites and place it in the hands of ordinary people. When Satoshi Nakamoto handed over ten bitcoin to Hal Finney, a well-known developer who had downloaded the bitcoin software on the day it was released, it was recorded as the first transaction. ### They are Supposedly said to be bitcoin founders. Craig Wright, an Australian, claimed to be Satoshi in 2016, and bitcoin developer Andresen backed up his claim, claiming he was “98 per cent convinced” that Wright was the elusive Satoshi. The bitcoin community was outraged, and Wright recanted his statements. Nick Szabo, a reclusive crypto specialist who played a vital role in the invention of bitcoin, was also a target of suspicion. Linguistic experts studied Szabo’s writing and that of other Satoshi suspects. The linguists stated that Szabo’s papers and the bitcoin founder’s writings were strikingly similar. Although Szabo has categorically disputed the allegations, the New York Times even named Szabo the enigmatic Nakamoto. Efforts to determine Satoshi Nakamoto’s identity will undoubtedly continue. He offers far too much of a threat to the bitcoin industry, and the mystery surrounding his identity is far too alluring. Satoshi Nakamoto has kept his secrets beyond imagination in a world where anonymity is becoming harder to maintain. ### How was bitcoin invented? A pseudonymous individual known as Satoshi Nakamoto presented the concept of bitcoin to the world on October 31, 2008, during the height of the financial crisis. “Bitcoin P2P e-cash document,” Nakamoto wrote on a cryptography mailing list. He also linked a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in the email. Nakamoto outlined the notion of bitcoin as a decentralised, digital currency in these writings. Decentralisation means that instead of having a single administrator, there is a public ledger of transactions that anybody can record on their computer. The blockchain officially started when the first block, known as the genesis block, was mined on January 3, 2009. The first test transaction happened a week after that. On [May 22, 2010](https://bitcointalk.org/index.php?topic=137.0), a Florida man bought two $25 Papa John’s pizzas delivered for 10,000 bitcoin. This purchase was the first economic transaction that took place. The first real-world price or value of bitcoin was set at four bitcoin per penny due to this transaction. The earliest Bitcoin transactions were ‘negotiated’ on online forums, with people trading assets and services for bitcoin. Then, starting in 2011, miners and coders began to build additional networks, such as Ethereum and Litecoin, and modify the code behind bitcoin’s blockchain, adapting it for other uses. This effort was probably the most high-profile attempt to discover bitcoin’s creator. Dorian Nakamoto was named as the currency’s founder by Newsweek in March 2014. The article’s publishing caused a stir in the crypto and tech communities because it was the first time a mainstream journal attempted to uncover the identity of bitcoin’s founder. ### Satoshi Nakamoto and Dorian Nakamoto According to [Newsweek](https://www.newsweek.com/2014/03/14/face-behind-bitcoin-247957.html), Satoshi Nakamoto and Dorian Nakamoto share some similarities. Both, for example, were said to be libertarians with ties to Japan. (Dorian is Japanese-American and has worked on classified security programmes after graduating from California Polytechnic State University with a degree in physics.) According to the creator of the paper, Satoshi Nakamoto stated that he was “no longer” involved with bitcoin and had “handed it over” to others. Nick Szabo is a law scholar as well as a computer engineer. In a 1996 paper, he is credited with being the first to propose the idea of smart contracts. He proposed Bit Gold, a forerunner to bitcoin, as a decentralised currency in 2008. Bit Gold, he explained, is a mechanism for creating unforgeable expensive bits online with little reliance on trusted third parties. It is comparable with the bitcoin concept; transactions are verified and validated via a series of bits created by a network of computers without a leader. In the book Bitcoin: The Future of Money?, author Dominic Frisby advances that Nick Szabo is Satoshi Nakamoto, the bitcoin founder. ### The net worth of bitcoin’s founder Bitcoin is already worth more than [**$1 trillion**](https://arstechnica.com/tech-policy/2021/01/the-worlds-cryptocurrency-is-now-worth-more-than-1-trillion/), and while Nakamoto’s identity may be merely a matter of conjecture for some, it holds far more significance for others. Satoshi owns over a million bitcoin, with a current market worth roughly $60 billion. This equates to roughly 5% of the total bitcoin currently in circulation. Even though this net-worth figure is an estimate and the exact net worth is unknown, it is expected to climb even more after Tesla spent [$1.5 billion](https://economictimes.indiatimes.com/markets/stocks/news/elon-musk-loses-15-billion-in-a-day-after-bitcoin-warning/articleshow/81163729.cms?from=mdr) in crypto assets. Sergio Demian Lerner, the creator of RSK, started digging in 2013 to see how much bitcoin Satoshi had mined and how much of it was still residing in those wallets. Several researchers have now backed up; it was a lot! Sergio’s initial projection was based on the rationale that the rate remained at a low of 7 million hashes per second for virtually the entire year of 2009. This seems to support the theory that at the time, a loan miner was the only one contributing to the network. Sergio also pointed out that these 7 million hashes per second were the same as the hash rate in the first 14 days of bitcoin’s existence, confirming Satoshi’s claim that he was the only miner at the time. Sergio followed up a few days later with an even more persuasive technical explanation of why Satoshi was likely the dominating miner in 2009, as well as a hint as to whose wallet Satoshi was mining. Sergio’s research, which has been picked over by various researchers, notably the [BitMex team](https://blog.bitmex.com/satoshis-1-million-bitcoin/), reveals that about 1 million BTC remain in the wallets of the leading 2009 miner, who is now thought to be Satoshi Nakamoto. Satoshi sent part of the bitcoin to be mined to other people without a doubt. Satoshi made the first transaction on January 12, 2009, when he wired 10 BTC to Hal Finney, who is now deceased. Finney received the 10 bitcoin one day after his now-famous tweet, which stated, “Running bitcoin.” In retrospect, we can see how much wealth Satoshi created as one of the first, and at times, the only bitcoin miner on the network, as 10 BTC represents about $421,412 at 2022 pricing. Bitcoin founder Satoshi Nakamoto remains an unknown, a legendary creature with a massive bitcoin fortune. He’s got many reasons to keep his identity a secret. Personal security is a major worry when you have a $60 billion wealth. Because bitcoin can undermine sovereign fiat currencies, Nakomoto may be concerned about legal action, if not other types of government penalty. **FAQs** **1. Who owns the most bitcoin?** The bitcoin founder, Satoshi Nakamoto, is at the top of the list, with an estimated 1 million bitcoin worth $34.9 billion in 2021. **2. Can you lose money on bitcoin?** Yes, you can lose money on bitcoin in the following ways: 1. Investing in the wrong crypto assets 2. Crypto assets scams 3. Hackers 4. Password loss [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** [https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet](https://play.google.com /store/apps/details?id=com.unocoin.unocoinwallet) Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin: As we know it.](https://blog.unocoin.com/bitcoin-as-we-know-it/) **Published:** February 16, 2022 **Author:** Unocoin Growth **Content:** *Bitcoin is not money in itself, but a concept that fulfills all the criteria of money.* Human civilisation is more than six thousand years old. We have survived and strived for these years as social beings. When we look back to our history, one thing that connects with the entire civilisation of humankind is money. Though the modern concept of money was not there six thousand years ago, the idea of the exchange of goods and services was certainly one way to understand human progress. As humanity progressed, the idea of a nation-state led to wars and conflicts solely to control more land and power. Throughout history, we have seen money in different forms, from the barter system to the primitive system, commodity-based to government-based. While we have seen both revolutions and innovations in exchanging goods and services, we are currently at the new phase of the history of money — money, based on mathematics. However, the question remains, how do we define money and even sound money? Throughout human history, we have defined money in different ways. Today, the modern concept of money is defined with six characteristics; Acceptability, Divisibility, Durability, Scarcity, Portability and Uniformity. While history remembered using money in different forms and objects, three functions always stick with what money is — store of value, a unit of account, and medium of exchange. Today, our modern financial system and money have failed to satisfy its characteristics and traits. Today, as we know it, money has become the most significant element that connects and runs the world. While we want to dig directly into bitcoin, the answer and explanation for ‘What is bitcoin?’ come from the disciplines of economy, law, computer science, finance, civil society, history, geopolitics, mathematics and many more. In addition, bitcoin is still at an infant stage. It is challenging to know all about bitcoin in one setting. However, we want to start with some foundation, the principles bitcoin stands for, and the concepts bitcoin holds for money. ![](https://cdn-images-1.medium.com/max/800/1*2qvM15FZrFIl8v5g0p6ipg.png)Bitcoin was invented due to the fragile financial system. Though the concept of money was used long back, until 1971, every currency was backed by something of real value. Every paper money was backed/pegged to gold in a reserve vault as per the gold standard. After the withdrawal of the convertibility of gold into dollars by the then U.S President in 1971, the Federal Reserve got the freedom to print any amount of banknotes they wanted. It was the beginning of a new era in the history of finances. Moreover, since that moment in history, government-based money has lost one of its characteristics — Limited supply. Fiat currency — money based solely on a government mandate was born. The core financial problem that bitcoin addresses are because it is Censorship-Resistance, Decentralised, Distributed, and Open-Source. For the first time in human history, we have sound money, which does not decrease its value. Instead, it increases over time because of its fixed supply. If someone takes the U.S dollar into perspective, the purchasing power has decreased 96% since 1913, which means if someone could buy an article for $4 in 1913, it would be worth $100 today. It is mainly because of the infinite supply of currency without any backing to real value. There are many more to talk about bitcoin. However, going to the technicality without understanding the fundamental principle is not worth it. And hence [here](https://blog.unocoin.com/four-fundamental-economic-problems-bitcoin-solves-205b9aafa0d?gi=ec080e24ce22) is a detailed explanation of the economic principle of bitcoin. ![](https://cdn-images-1.medium.com/max/800/0*2Xqlq436nu-Y1ZOF)Coming to an exciting point of bitcoin, who founded bitcoin? Or who started it? No one knows, and it is not even essential to know. Even though bitcoin was launched in the aftermath of the 2008 economic recession, the idea of having an electronic peer-to-peer transaction system with absolute privacy came to light in 1993. Eric Hughes introduced the concept of having a censorship resistance system in communication in the Cypherpunk manifesto. Our banking system work with a concept of a ledger that keeps the records of all the transactions. A third party institution maintains these ledgers, and it is prone to be corrupted. For the record, the money in our banks is just a number and nothing of value linked to them. This double-spending problem is called the famous Byzantine General problem. Bitcoin implements an idea of timestamps to solve it. The world does not know how bitcoin will evolve as money or as technology, but the bitcoin we know of today is an incorruptible piece of technology — a protocol that gives the concept of sound money. This network of technology is distributed, decentralised, open and is censorship-resistant. The Bitcoin network does not discriminate against someone of their creed, caste, nationality, or gender. Today, with bitcoin, we have a system where anybody in the world from anywhere can participate in the actual market economy — a genuinely open market. Nothing apart from bitcoin offers these. If someone wants to read more about bitcoin, please read it out: 1. [Don’t buy bitcoin. Buy Satoshi](https://blog.unocoin.com/dont-buy-bitcoin-buy-satoshi-ec68da098cdb) 2. [What can you do for bitcoin and crypto today?](https://blog.unocoin.com/what-can-you-do-for-bitcoin-and-crypto-today-acc1d32a7dc0) 3. [Five things to know before investing in Bitcoin and Crypto for absolute beginners](https://blog.unocoin.com/five-things-to-know-before-investing-in-bitcoin-and-crypto-for-absolute-beginners-d6e91ae9f408) 4. [The Bitcoin Network is getting better with every block](https://blog.unocoin.com/the-bitcoin-network-is-getting-better-with-every-block-3c939e81429b) You can also read [Will Ethereum overtake Bitcoin?](https://blog.unocoin.com/the-bitcoin-network-is-getting-better-with-every-block-3c939e81429b) to know the narrative of bitcoin. **Stats of bitcoin** Price (At the time of writing this) — $43,889 BTC/USD Market Cap (At the time of writing this) — $832,078,310,843 Circulated supply — 18,958,675 BTC Maximum supply — 21,000,000 BTC ### Where to trade bitcoin To trade bitcoin at [Unocoin](https://unocoin.sng.link/Awg8j/esw8?_dl=unocoin%3A%2F%2F), you can download the Unocoin application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during the second month of this new year, 2022, new users will get a welcome bonus of INR 100 worth of bitcoin. What is more? With [Unocoin](https://unocoin.sng.link/Awg8j/esw8?_dl=unocoin%3A%2F%2F), you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the [Unocoin](https://unocoin.sng.link/Awg8j/esw8?_dl=unocoin%3A%2F%2F) application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/esw8?_dl=unocoin%3A%2F%2F) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How to start day-trade crypto?](https://blog.unocoin.com/how-to-start-day-trade-crypto/) **Published:** February 18, 2022 **Author:** Unocoin Growth **Content:** #### Terms for beginners to start trading crypto ![](https://cdn-images-1.medium.com/max/800/1*PuMam0n4RWuXo5rLSND0gw.png)If you are into the crypto space, you must have heard of \*Do Your Own Research, \*Don’t Trust, Verify. While the crypto market has become a lucrative way of making money, it carries its share of risks. And because of the many risks involved, many beginners often lose money instead of making it. Though we are not certified financial experts, as a crypto exchange, we want to provide the best knowledge available to our family of Unocoiners. This blog is essential to traders who trade for short terms, rather than holding assets for a long time. This blog also aims to explain technical terms and concepts used in the financial market that are also applied in the crypto market. Understanding these terminologies and ideas can help one make an informed financial decision. While we want to explain more in detail, this information is only recommended to beginners. So if you are already at the advanced stage of your financial journey, you may want to skip to our other blogs. We also want to mention that we will come up with better educational materials in the future, and we request you to comment below if you wish to read more of this type of content. For now, let’s start with lessons. ### 1. Understanding Price Trends Identifying the market trend is the first step any traders and investors would take. Before making any trade, you need to determine what market you want to trade. Do you want to trade in the bull market or the bear market? Whether you trade on either of the markets depends on you. Here are two things you need to know about market trends. #### Identifying Uptrend An uptrend is a price movement of a financial asset when the direction is upward in a given period. The uptrend would usually have successive higher peaks and troughs. In a simple understanding, an uptrend is usually when the demand is more than the supply of an asset. When the demand exceeds the supply, it drives the price up, and we are said to be in a bull market. As long as the demand for an asset exceeds the supply, the trend is upward. In other words, an uptrend is when there are more buyers than sellers. ![](https://cdn-images-1.medium.com/max/800/0*NFm_0XI4irmrxT0L)*Here is an example of an uptrend BTC/USD market in a weekly candle chart.*#### Identifying Downtrend A downward trend is opposite to an uptrend. It describes the price movement of a financial asset when the direction is downward for a given period. The downtrend makes successive lower peaks and troughs. Downtrend happens when the supply exceeds the demand. When there are more sellers than buyers in the market, it drives the price down, and the market is said to be in a bear market. As long as the supply for an asset is more than the demand, the trend is downward. In other words, a downtrend is when there are more sellers than buyers. ![](https://cdn-images-1.medium.com/max/800/0*liIvmOSWV3o8dfyt)*Here is an example of a downtrend in the BTC/USD market in a weekly candle chart.*There is also another additional market trend known as sideways. It describes the price movement of an asset when the direction goes in the same price range over a defined period. The price failed to break the resistances in the sideways market and maintained its support. ![](https://cdn-images-1.medium.com/max/800/0*FqGX-4mt79mXPhpI)*Here is an example of a sideways trend of the BTC/USD market for about two years.*### 2. Understanding Support and Resistance Support and resistance bands are two essential concepts traders need to understand. Support is a price level where bulls make a strong demand and prevent the assets from falling further down. In other words, at a support level, buyers overcome sellers and push the price up. If the support band has broken, it is said that the bears have won over bulls. One can draw the support line from the candle’s wick or body. On the other hand, resistance is a price level where supply exceeds demand. As bears give high resistance for bulls to push the price up, it is called resistance. At the resistance level, sellers overcome buyers and push the price down. If the resistance level is successfully overcome, it is said that the bulls have overcome the bears. Here is a good trading strategy tip for you. When the resistance line is successfully penetrated, that line becomes a new support line. Similarly, when the support line is broken, it becomes the resistance line for the next trend. Experience traders find patterns and forecast trends using support and resistance bands. ![](https://cdn-images-1.medium.com/max/800/0*dFbpe2KPxNns_tJx)*Example of Support and Resistance band.*### 3. Understanding candlestick Among all the charting and graph types that represent the price movement of a financial asset, the candlestick chart is one of the most accurate and popular ones. Primarily candlestick charts provide lots of information in a minimalistic way. First developed and used by Japanese rice traders in the 1700s, candlestick visualises the demand and supply of an asset in the market. A single candlestick is not enough to understand the market flow; instead, a group of candlesticks forming patterns give the picture to analyse the market. Before understanding the details and how to use candle charts in trading, let’s learn the different components of a candlestick. ![](https://cdn-images-1.medium.com/max/800/0*bbPAT1fELhMIYeCb)There are two different types of candlesticks in a broad category: a bullish candlestick and a bearish candlestick. #### Bullish candle A bullish candlestick is usually represented by a green or a blue candle. Four attributes give four different information in the bullish candlestick. - High- The low is the highest part of the candle; a wick or shadow represents it. It is the highest price an asset goes in a given period. - Close- Close is the top of the body of the bullish candlestick. It represents the closing price of an asset in a given period. - Open- Open is the bottom of the actual body of the bullish candlestick. It represents the opening price of an asset in a given period. - Low- The low is the lowest part of the candle; a wick or shadow represents it. The bass is the lowest price an asset goes in a given period. #### Bearish candle A bearish candlestick is usually represented by a red or a black candle. Four attributes give four different information in the bullish candlestick. - High- The low is the highest part of the candle; a wick or shadow represents it. It is the highest price an asset goes in a given period. - Open- Open is the top of the actual body of the bearish candlestick. It represents the opening price of an asset in a given period. - Close- Close is the bottom of the actual body of the bearish candlestick. It represents the closing price of an asset in a given period. - Low- The low is the lowest part of the candle. It is represented by a wick or a shadow of the candle. The bass is the lowest price an asset goes in a given period. Remember, the opening price in the bullish candlestick is at the bottom of the body while it is at the top of the bearish candlestick’s. Similarly, the closing price in the bullish candlestick is at the top of the body while it is all the bottom of the body in the bearish candlestick. Though the bullish and the bearish candlesticks are popularly the main types of candlestick, there are also other different candlesticks to look into. While it is beyond the scope of this blog to cover all of them, here are the four more essential candlesticks to look at. ![](https://cdn-images-1.medium.com/max/800/0*8f0IzLxc_qvaGElc)1. **Long Day Candle** — Long day candles are formed when there is a high price movement in a given period. In other words, there is either a high price rise or fall of the asset in the given period. 2. **Short Day Candle** — Short day candles are formed when there is a quick price movement in the given period. In other words, there is either a sharp price rise or fall of the asset in the given period. 3. **Spinning tops candle** — This type of candlestick is formed when there is indecision in the market. In other words, the buyers push the price up, and the sellers push the cost down and meet in the middle. In this type of candlestick, the short body is precisely in the middle of the lower and higher shadow/wick of a candlestick. This type of candlestick gives an unpredictable future event to the traders. 4. **Doji Candle** — Doji candlesticks are similar to spinning tops candles. In the case of doji, there is little or no difference between the open and close price of an asset in the given period. It can be either a long upper or lower shadow or both. Like spinning tops candlestick, doji provides indecision moments for traders, and the market may reverse in any direction. Thank you for reading this. We hope you learnt something new today. In the coming weeks, we will share more educational content on different trading indicators that can be used for your trading strategy. In the meantime, if you are looking to buy your first crypto, Unocoin is offering a welcome bonus of 100 INR worth of bitcoin. Feel free to check it out. ### [About Unocoin](https://www.unocoin.com/) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Market Capitalisation and Why is it important?](https://blog.unocoin.com/what-is-market-capitalisation-and-why-is-it-important/) **Published:** February 18, 2022 **Author:** Unocoin Growth **Content:** Have you come across the term “crypto products” (assets, coins, tokens, NFTs) before? Are you aware of the significance of market capitalisation? If you answered yes, you are on the right blog. This article will take you through the definition of market cap, its significance for investors and some frequently asked questions around it. For stock market investors, market capitalisation is an important consideration. For crypto investors, though, the situation is different. While stock market capitalisation — the total amount of a company’s total shares of stock — can aid in the development and maintenance of a well-balanced investment portfolio, experts claim that the same guidelines do not apply to crypto investors. You will learn more about market capitalisation in this article. You will also gain the most recent information on bitcoin market cap history. So if you are willing to know more about it, give this piece of writing a quick read. ![](https://cdn-images-1.medium.com/max/800/1*HSQtKNHWmOIgq_9F1F6XjA.png)### What is the Market cap? The overall worth of crypto products is known as its market capitalisation. While stock market capitalisation is derived by multiplying the value of a share by the number of shares available, the crypto products market cap is derived by calculating the price of crypto products by the number of coins in circulation. To illustrate, the market capitalisation of bitcoin market share is calculated by multiplying the total number of coins in circulation (over 18 billion) by the value of bitcoin market cap history at the moment. Bitcoin’s market capitalisation swings as its price fluctuates, which it regularly does. Bitcoin’s price has fluctuated between $45,000 and $64,000 in recent weeks, resulting in a substantial market capitalisation range: - $45,000 x 18.8 million = $846 billion - $55,000 x 18.8 million = $1.034 trillion Here’s how the Ethereum market cap contrasts with Bitcoin Market Cap in market capitalisation. Ethereum market cap has a market valuation of roughly $351 billion, with a price of 3,000 Dollars and a circulation of about 120 million coins. Although there are more Ethereum coins, bitcoin’s market valuation is higher. [Unocoin](https://unocoin.sng.link/Awg8j/te34?_dl=unocoin%3A%2F%2F) is India’s first foray into the bitcoin market cap industry, having launched in July 2013. Indians may now purchase, sell, store, use, and accept bitcoin through the firm. [Unocoin’s](https://unocoin.sng.link/Awg8j/te34?_dl=unocoin%3A%2F%2F) unshakable goal is to become a leading global crypto-assets player and contribute to the Indian and international economies. ### Top cryptocurrencies by market cap ![](https://cdn-images-1.medium.com/max/800/1*EBF9rzO5isRX_1w9puVN_A.png)### Crypto market cap and investors Determining a company’s market capitalisation in the stock market assigns it to one of three investment categories: small-cap, mid-cap, or large-cap. Knowing the market cap is crucial because an investor may divide their investment into various groups for various reasons. Large-cap equities are less hazardous than mid- or small-cap companies, developing more slowly. Crypto products, on the other hand, is a relatively new concept. These categories have yet to be developed because the technology is so unique. And, since experts recommend sticking to Bitcoin and Ethereum and not letting crypto account for more than 5% of your whole portfolio, there’s less of a need to consider market cap when making investing decisions. Knowing the market capitalisation of crypto products is helpful if you want to understand the breadth of the potential of a particular token. Still, it shouldn’t play as significant a role in your investment decisions as it does in the stock market. It’s critical to understand that crypto products are not the same as the stock market. ### Bitcoin: What are the advantages of using it? The bitcoin network has dominated and even defined the virtual currency space since its founding in 2009, initiating a legion of altcoin fans and serving as a substitute to state fiat currencies like the U.S. dollar or the Euro, as well as pure commodity currencies like gold and silver coins for some users. Part of Bitcoin’s allure to these advocates is its decentralised nature, in which it is not overseen or regulated by a central authority. This sets it apart from fiat currencies, backed by the government and issued by central banks. Unlike conventional cash, Bitcoin is not generated by a national bank or government. Instead, a device mines bitcoin by tackling mathematical riddles or algorithms and checking transaction blocks before adding them to the network. Bitcoin can also be bought with conventional national currencies and held in a bitcoin account, retrieved from a smartphone or computer. We can better comprehend how bitcoin market share gives possible benefits to its users now that we’ve seen a summary of what bitcoin is: - **It has customer’s autonomy** Traditional fiat currencies are subject to a multitude of restrictions and threats. Banks, for example, are susceptible to booms and busts in the economy. These circumstances can sometimes culminate in bank runs and crashes, as they have in the past. This means that users’ funds are not entirely under their control. Because Bitcoin’s price is unconnected to specific government acts, it protects user autonomy, at least in theory. This indicates that consumers and holders of the bitcoin market cap have total control over their funds. - **The transactions are anonymous** Most internet transactions require a slew of data to identify the individual executing the trade. Transferring money from one person to another, for example, can only be done once both parties’ identifying information has been validated. Similarly, making an online transaction necessitates entering identifying information. Although the verification procedure helps avoid crime, it also puts a mediator in command of the transaction, allowing them to regulate the distribution of services to specific parties. Transactions in bitcoin are anonymous. While this does not make the transactions fully anonymous, they can only be traced back to a blockchain address. A person can have many addresses for a single account, just as various usernames and passwords. I.P. names or other personal information are not required for this transaction. - **These transactions are secure** Bitcoin is virtual money that does not exist in the real world. If an attacker has access to the wallet’s private keys, they can take a person’s bitcoin. With sufficient protection, however, stealing bitcoin is technically impossible. While crypto products exchanges have been hacked in the past, Bitcoin’s itself has remained unscathed. Transfers between two addresses are thus secure. Investors use market capitalisation to present a complete story and compare the worth of crypto products. It could reveal a crypto products’ growth potential and whether it is safe to buy compared to other crypto products as a critical statistic. To demonstrate how this works, consider the market capitalisation of two fictional cryptos: - The market cap of crypto products A is $400,000, with 400,000 coins in circulation, each worth $1. - The market valuation of crypto product B is $200,000 if it has 100,000 coins in production, and each coin is worth $2. - Despite crypto products B’s coin price being higher than crypto products A’s, crypto products A’s aggregate worth is double that of crypto products B. It’s also worth noting that the market capitalisation of several crypto products can swing substantially because of their volatility. ### Role of market capitalisation Some traders and investors, particularly amateurs, may misinterpret a stock’s price to accurately depict its value, strength, or stability. They may see a more excellent stock price as a sign of a company’s solidity or a lower price as a good deal on an investment. The value of a corporation is not determined solely by its stock price. The correct metric to use is market capitalisation, as it represents the genuine value as viewed by the entire market. Microsoft had a market valuation of $814 billion in 2018, with an asset value of $101.16 per share, whereas IBM had a total value of $130 billion, with an asset value of $142.69 per common stock. Comparing the two companies purely based on their stock prices would not accurately reflect their genuine relative values. A large-cap corporation with a billion-dollar valuation may have more room to invest a few hundred million dollars in a new line of business and not take a massive blow if the endeavour fails. A mid-cap or micro-cap business making a similar value investment, on the other hand, maybe vulnerable to significant losses if their attempt fails since they lack the larger cushion to absorb the loss. If the effort succeeds for large-cap corporations, the profit numbers may appear minor. However, if the company’s success is scaled up, it might result in much bigger earnings. The success of such endeavours, on the other hand, can boost a mid-cap company’s worth to new heights. When there are reports of a large-cap firm intruding on a mid-cap or small-cap company’s space of products or services, valuations of mid-cap or small-cap companies often take a knock. For example, Amazon’s foray into cloud hosting services under the Amazon Web Services (AWS) umbrella has posed a significant threat to smaller specialist enterprises. Market capitalisation data are also used to create a variety of market indices. The S&P 500 index, for example, is a benchmark stock index that contains the top 500 U.S. businesses ranked by market capitalisation. In contrast, the FTSE 100 index includes the top 100 companies listed on the London Stock Exchange with the largest market capitalisation. These indexes are used as benchmarks to track the success of various funds, portfolios, and individual investments and represent broader market developments and attitudes. ### How can you utilise the market cap? Market capitalisation allows you to compare the overall worth of one crypto product to that of another, allowing you to make better investing decisions. Based on their market capitalisation, crypto products are split into three categories: - Large-cap cryptos, such as Bitcoin Market Cap and Ethereum, have a market value of more than **$10 billion**. Buyers perceive them to be relatively low-risk investments because they have a demonstrated track record of growth and often have higher liquidity. This means they can withstand a higher volume of consumers paying out without lowering the pricing much. - Mid-cap blockchains have market capitalisations ranging from $1 billion to $10 billion, and they’re regarded to have more undiscovered upside potential and more dangerous. - Small-cap altcoins, defined as those with a market valuation of less than **$1 billion**, are the most susceptible to market mood shifts. Market capitalisation is a good metric for determining the total value of cryptos. Still, you must also evaluate market trends, crypto products’ stability, and your financial situation when calculating the risks of any investment. ### Final words Size does indeed matter in the world of investing. Individual stock investors and investors in various funds need to understand the market cap notion. Market capitalisation can assist investors in determining where they should invest their hard-earned money. While metrics like market cap are crucial to know when investing, one of the first fundamental steps is to open a brokerage account. With such a wide range of costs and features, picking a broker might be a little intimidating. ### FAQs 1\. Does the market cap change every day? To put it in another way, the market cap changes as the Asset price changes. The Asset price varies virtually every second when the market is open, leading to the recent market cap changes. The market cap does not change if the asset price does not change. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) **E-mail id:** [support@unocoin.com](http://support@unocoin.com/)3. **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) 4\. **App store link:** 5\. **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin Cash vs Bitcoin: What’s the difference?](https://blog.unocoin.com/bitcoin-cash-vs-bitcoin-whats-the-difference/) **Published:** February 21, 2022 **Author:** Unocoin Growth **Content:** Bitcoin cash was the outcome of a hard Bitcoin fork in August 2017. It is a decentralised peer-to-peer blockchain technology sharing similar yet different characteristics than Bitcoin. This article will make you understand the significant difference between bitcoin cash vs bitcoin to understand if bitcoin cash overtakes bitcoin. ### An introduction to Bitcoin and Bitcoin cash ![](https://cdn-images-1.medium.com/max/800/1*vP9Gk2TUFypi6mHOXHW5xQ.png)Bitcoin (BTC) and Bitcoin Cash (BCH) are two different crypto assets that operate independently and possess technological variations. Also, Bitcoin, the most ancient crypto asset and the most extensive by market capitalisation got launched in 2009. On the other hand, Bitcoin Cash is an outcome of the Bitcoin fork that grew and expanded into an asset in its power. In addition, Bitcoin cash holds a 4 to 8 times larger block size than Bitcoin, assisting in expediting the transaction process. Unocoin is India’s pre-eminent bitcoin trading company, holding an extensive ecosystem of bitcoin traders. Clients can purchase, trade, collect, use and receive bitcoin and other crypto-assets over their web platform or mobile app. Furthermore, OTC (Over-The-Counter) and bitcoin exchange assistance help customers build bitcoin mining pools to trade seamlessly. ### Bitcoin Cash vs Bitcoin: An overview Since its conception, there have remained issues encompassing Bitcoin’s capacity to scale efficiently. Transactions, including the digital currency, get processed, validated, and collected within an online record identified as a blockchain. This blockchain is an innovative ledger-recording modern technology that makes records far more challenging to manipulate. Also, the authenticity of what happened gets confirmed by majority control, not by an individual participant. In addition, this blockchain network is decentralised and subsists on networks across the globe. However, continuing discussions about bitcoin’s technology remained concerned with this fundamental issue of scaling and improving the transaction speed verification method. That was why Bitcoin Cash came into the picture to become a scalability solution and optimise crypto payments better. ### Bitcoin Cash vs Bitcoin: The features Mentioned hereunder are some features that manifest the difference between Bitcoin cash VS Bitcoin. - **Block size variations** The principal feature that lays the foundation of the difference between Bitcoin and Bitcoin cash is the block size of each network. While Bitcoin owns its 1 MB block capacity, with Bitcoin Cash, block sizes have expanded to 32 MB. - **Smart contracts** Bitcoin usually does not uphold smart contracts, although the developers are constantly working on it. On the other hand, Bitcoin cash supports smart contracts to enable more complex functions and enhance privacy on the network. ### Where can you buy them? You can readily purchase a Bitcoin (BTC) or Bitcoin Cash (BCH) from a crypto-asset exchange and begin trading in these digital assets. Mentioned hereunder are some steps involved in purchasing a Bitcoin or Bitcoin cash. - Choose a crypto-asset exchange: You can never obtain crypto assets through a brokerage, and you will require a definite crypto assets exchange. - Fund your crypto account: You will require to connect your bank account to transfer coins into your preferred crypto assets exchange. - Put an order: Once your payment plan gets activated, place your order for your crypto assets. - Save your crypto: You can store it directly in your exchange for smaller funds of crypto. However, a crypto wallet will render better security. ### Future of Bitcoin Cash and Bitcoin After looking at the performance of Bitcoin and Bitcoin cash in the crypto market, it might not be wrong to say that the future of both Bitcoin and Bitcoin cash is quite bright. Questions like should I buy Bitcoin or Bitcoin Cash purely depends on your choice since both of these crypto-assets are worth investing in. However, if you want a more secure network and faster transaction speed, investing funds in Bitcoin Cash (BCH) is a prudent choice. To sum up, we can readily say that the significant difference between Bitcoin and Bitcoin cash is its scalability and transaction fees. However, Bitcoin and Bitcoin cash are leading crypto assets, taking the digital world by storm. **FAQs** **1. Will Bitcoin cash overtake Bitcoin?** Even when Bitcoin cash holds better scalability and higher transaction speed, it seems challenging to overtake Bitcoin in the coming years. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_ Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: Bitcoin Cash, Bitcoin Gold, Wrapped Bitcoin](https://blog.unocoin.com/know-your-coin-bitcoin-cash-bitcoin-gold-wrapped-bitcoin/) **Published:** February 24, 2022 **Author:** Unocoin Growth **Content:** Bitcoin has been around for over thirteen years now, and its original idea has always been untouched. Over the last decades, we have seen rapid change and advancement in the worldwide economy, geopolitics and technology especially. The rise of big data, AI, robotics, and even entertainment has gone far just as blockchain. While the idea of money presented by Bitcoin’s creator Satoshi Nakamoto is immutable, its mechanism and work have been challenged many times by multiple disciplines. Bitcoin, at its core, advocates the concept of a Decentralized, Distributed, Free and Open financial system. However, its idea of a Peep-to-peer electronic cash system has faced a significant challenge around its scaling. Bitcoin’s transaction speed has to increase for it to become a global currency. Bitcoin’s transaction speed is currently is at four transactions per second. If we wish to see increased speed, the Bitcoin block size has to grow. It technically undermines Bitcoin network security. A comparison example is Visa, which does over 1700 transactions per second. To address the issue of scalability, some developers made a hard fork of the original Bitcoin in 2017. This hard fork resulted in Bitcoin Cash. Here is a look at the crypto-assets fork from Bitcoin. ![](https://cdn-images-1.medium.com/max/800/1*cTZgiKrNCbkfMD7jPfjxWA.png)### Bitcoin Cash In 2017, due to dissatisfaction with Bitcoin’s overall scalability, the Bitcoin developers community faced a chain split. One group started Bitcoin Cash while the other remained with Bitcoin. Initially, Bitcoin Cash developers were dissatisfied with the implementation of Segregated Witness (SegWit). “*SegWit is a Bitcoin Improvement Protocol to remove digital signature data and move it to the end of a transaction to free up capacity. Transactions are essentially split (or ‘segregated’) into two segments: the original data segment and the signature (or ‘witness’) segment. The declared purpose of Segwit was to prevent non-intentional bitcoin transaction malleability, allow optional data transmission, and bypass certain protocol restrictions (such as the block size limit).”* The current Bitcoin Cash shares the same fundamental operations as the original one as its history is the same. The main differences are the block size and the transaction fee. The Bitcoin has a block size of 1 MB, while Bitcoin Cash has 32 MB. Bitcoin cash has a bigger block size and lower usage, so sending Bitcoin cash on the network is cheaper and faster. It results in improved scalability and a more secured transaction rate. The Bitcoin Cash developer community in November 2018 split into Bitcoin Cash and Bitcoin SV (Satoshi Version). The Bitcoin Satoshi Version developer community believes they are holding to the original vision of Satoshi Nakamoto described in the Bitcoin whitepaper. ### Bitcoin Cash Stats Bitcoin Cash Price (At the time of writing) — $281.26 Trading Volume (At the time of writing) — $4,200,249,523.73 Market Cap (At the time of writing) — $5,341,178,609.46 ### Bitcoin Gold Bitcoin Gold is another crypto asset that shares the fundamental properties of Bitcoin. Bitcoin Gold aims to solve a unique proposition of Bitcoin mining. Technically, Bitcoin mining requires many resources in terms of electricity and infrastructure, and as such, it is affordable to only some people. Bitcoin Gold aims to make Bitcoin mining more equitable, giving ordinary users a fair opportunity to mine Bitcoin with common GPUs (Graphics Processing Unit). The Bitcoin Cash community believes that the Bitcoin network has become too centralized, with only a handful of large companies controlling most of the bitcoin mining. They claim this may defect the purpose of decentralization and peer-to-peer currency. Bitcoin Cash works on the exact consensus mechanism of the Proof-of-Work algorithm. Bitcoin Cash hopes to change the paradigm around mining on the Bitcoin blockchain by allowing anyone to become a miner with only basic hardware and keeping the Bitcoin decentralization property alive. There is no evidence to this claim that the current Bitcoin mining system would never be broken from distribution and decentralization. ### Bitcoin Cash Stats Bitcoin Gold Price (At the time of writing) — $27.42 Trading Volume (At the time of writing) — $11,339,105.34 Market Cap (At the time of writing) — $470,348,913.10 ### Wrapped Bitcoin Wrapped Bitcoin is a crypto asset that derived its value from another existing crypto asset. It is an ERC-20 token built on Ethereum Blockchain to represent Bitcoin on the Ethereum ecosystem. Wrapped Bitcoin is backed and pegged 1:1 with Bitcoin. Since Bitcoin blockchain has a block size limited to 1 MB and its transaction speed is slower than Ethereum, Wrapped Bitcoin was created to facilitate faster transactions of Bitcoin. Individual developers did not create wrapped Bitcoin like other crypto assets. Instead, it was started by custodian institutions. Bitgo, Kyber Network and Ren started Wrapped Bitcoin in 2019 to bring Bitcoin liquidity to the Ethereum ecosystem. Since Ethereum is built with a Turing-complete machine, it has a scalability solution as such many new, and upcoming projects are built on Ethereum, and the Bitcoin holders have no access to the Ethereum ecosystem; wrapped Bitcoin helps transfer the value of Bitcoin into Ethereum. The custodian that holds Wrapped Bitcoin is entirely transparent and is audited regularly with a Proof-of-assets dashboard. Any Wrapped Bitcoin holders can always convert and interchange it with Bitcoin. Though WBTC gives easy access to Bitcoin on the Ethereum ecosystem, it is centralized under Bitcoin and needs trust. Users trust Bitgo to store their BTC and honour their redemption requests safely. Bitgo is one of the most reputed centralized custodians globally, and they have one of the most advanced coin security protocols in place. They also have insurance worth $100 million in case things go wrong. ### Wrapped Bitcoin Stats WBTC Price (At the time of writing) — $38,082.97 Trading Volume (At the time of writing) — $163,239,909.95 Market Cap (At the time of writing) — $10,013,063,835.05 ### Where to trade Stable coins To trade Bitcoin Cash, Bitcoin Gold and Wrapped Bitcoin at [Unocoin](https://unocoin.sng.link/Awg8j/3hfl?_dl=unocoin%3A%2F%2F), you can download the [Unocoin](https://unocoin.sng.link/Awg8j/3hfl?_dl=unocoin%3A%2F%2F) application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during the second month of this new year, new users will get a welcome bonus of **INR 100** worth of bitcoin. What’s more? With [Unocoin](https://unocoin.sng.link/Awg8j/3hfl?_dl=unocoin%3A%2F%2F), you can earn Satoshis by just shaking your phone. All you need to do is, download the latest version of the Unocoin application, shake your phone and [make Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! [**About Unocoin**](https://www.unocoin.com/) [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more t han [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Best Crypto Exchange Platforms of 2022 and How to Choose Them](https://blog.unocoin.com/best-crypto-exchange-platforms-of-2022-and-how-to-choose-them/) **Published:** February 26, 2022 **Author:** Unocoin Growth **Content:** *Learn how to choose the best crypto products’ app* Crypto products’ are on their way to taking over the Indian economy and making transactions and trade more accessible. Numerous developers have come up with influential crypto applications. Some crypto products’ exchanges have made the system more user-friendly than ever before. Those with the best crypto products’ trading apps have simplified the process. If you want to invest in crypto products, look for the best crypto app because virtual currencies are volatile and require quick judgments. However, to understand crypto apps a little better, we’ve curated the top things to look out for in a crypto products app. ![](https://cdn-images-1.medium.com/max/800/1*d0Y0wnNzPtCkgSdbsPk79w.png)### Introduction We live in a fast-paced world where news is constantly flowing. Crypto products’ trading is the new worldwide contemporary economic art. An active trader must always maintain his finger on the pulse. Investors can now purchase and sell crypto products besides their stocks, managed funds, and other products at several brokerage firms. Here is when Android or iOS exchange apps come in handy. The best free crypto products’ app encourages people to trade from anywhere and at any time using their smartphone. They also allow traders to watch the market situation on their mobile devices in real-time. If you’ve already commenced investing in crypto products and are still keeping track of your holdings using a spreadsheet, it’s time to look into some of the mobile apps available. Suppose you’re unable to monitor your profits or manage your holdings while on the move; you lag behind the trend. It would help if you looked for an app that will allow you to trade when the market changes. ### Brand snippet: The [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) wallet is a well-known bitcoin crypto products exchange with a massive client base of over 1.79 million users. 11.5 million trading orders have been placed on its user-invested businesses. The [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) crypto products’ exchange aims to make bitcoin available to billions of people. This Indian crypto trading organization aspires to become a leading crypto exchange company in India and establish itself in influential international markets. ### How to choose the best crypto wallet app? The availability of crypto products is the first and most crucial thing you should look into in a crypto app. You can choose from almost 5,000 coins. Of course, most crypto exchange platforms will include bitcoin and prominent altcoins such as Ethereum, Ripple, and Litecoin. You should check if any less well-known altcoins you intend to trade are listed. Look for the best crypto products’ app 2022 that allows you to construct numerous accounts since you may trade using alternative approaches. For example: - crypto product versus sovereign currencies (USD or Euro) or - crypto product versus another crypto product (BTC/XRP). These two will help if you look for an app that accepts most new crypto products. Some of them don’t. When investing in any virtual currency, cybersecurity is always a top priority. Indeed, security is the most crucial consideration for many would-be crypto investors when selecting an exchange. On the other hand, the nature of crypto products means that the currency is incredibly secure. The top apps get rigorously tested to ensure that they are safe, dependable, and precise when performing transactions. In reality, even the most reliable crypto products’ app would be useless if it isn’t entirely secure. All pro-investors can count on safety and security when evaluating the best crypto products’ trading apps. Similarly, major operating systems are constantly updated to provide the most up-to-date cybersecurity measures. It allows investors to rest easy knowing that their crypto is well-protected on all frontiers and that their private data is kept safe from fraudsters. When you start looking for the best crypto products app, you’ll see that most of them boast about their intelligent algorithms and the automation of all trading operations. Is this, however, the case? Unfortunately, the words on your screens are still only letters. In actuality, you’ll have to enter all transactions manually, which is tedious and no longer meets market criteria. Don’t be alarmed! There are trading apps that might help you have a better trading experience. Experts put the best crypto products’ app in India through a thorough evaluation process to ensure that you get an accurate and balanced assessment of each one. The review definitions depend on the app’s technical realities. Some of these are: - **Requirements & Availability** The app’s accessibility is first on the ranking. You must analyze the app that is accessible and the technical requirements to determine which devices will be the most suitable for running the software. Consider the region in which the app is available — a trading app that operates in the UK may not function in Canada, and vice versa. - **Design and usability** The best crypto products’ apps usability and convenience are generally their main selling features, and they naturally play a significant role in the testing process. Examine how simple they are to use and how the layout facilitates functionality. - **Methods of mobile payment** The choices for making deposits on the go are undoubtedly a crucial element when picking the best bitcoin trading software because flexibility is a massive component of crypto investing. - **Information and data** Because the crypto markets are constantly changing, apps must deliver comprehensive and precise data. A competent crypto products exchange should allow you to make trades and assist you in deciding which investments to make by displaying real-time data. - **Customer service on the go** As with any technical platform, a customer care team on standby provides a significant amount of personal satisfaction — especially for new investors. After all, the best economic crypto trading platform in the world won’t help you if you can’t quite figure out what it does or resolve a customer’s query. **What are different crypto products’ apps?** - **Unocoin** [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) is a crypto products exchange and wallet established in India. It allows Indian customers to purchase specific crypto products using rupees (INR). With over 150,000 satisfied clients and **$350 million** in revenue, [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) is India’s top crypto products exchange. This crypto products app accepts INR payments in India using four different payment methods. Virtual Bank Deposit, Bank IMPS/UPI, Bank NEFT/RTGS and Mobikwik Wallet are the four methods that let you deposit INR seamlessly. [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) provides an online website for Windows, Linux, Mac and iOS & Android smartphone apps. [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) has three security elements that help traders keep their money safe i.e., Two-factor authentication, paper wallets, and email alerts are the three options available, making it the best crypto products exchange and trading app in 2022. - **Plus500** Plus500 is a well-known free crypto products app platform. The platform is available as a smartphone app for Android, iOS, and Windows. Because many financial agencies carefully regulate the broker, trading with the Plus500 mobile app is safe. You can purchase crypto with a credit card, a PayPal account, or a bank transfer. Also, more than 5 million people use their smartphone app, not all trade bitcoin. Hence, you may trade Bitcoin, Ethereum, Litecoin, and IOTA with your mobile app. - **eToro** eToro makes it simple to trade the world’s most popular crypto products from your smartphone or tablet. Bitcoin, Ethereum, Ripple, Dash, and many other crypto products can be traded on this platform. Interestingly, their smartphone app has a unique CryptoPolio that displays a portfolio of crypto products. In addition, the platform’s mobile app incorporates several of its web trading tools. Their mobile application has over 10 million users on various mobile platforms. Besides the features, it is one of the top mobile crypto trading apps because of its user-friendliness. - **Coinbase** Coinbase is also a known platform for exchanging crypto products, with over 25 million users from 32 countries. Their mobile app is one of the most popular crypto trading apps. You can choose from a wide range of coins. Not to mention, this platform is quite simple to use. You can purchase crypto products with a debit card or a bank account. It also has tools that assist you in trading. You may construct a robust portfolio with frequent updates. Coinbase also serves as a crypto products’ wallet, allowing you to trade and securely store bitcoin. - **Luno** Luno is a well-known crypto products’ exchange gradually growing in popularity. With this smartphone crypto trading app, you may buy and sell Bitcoin, Ethereum, Ripple, Litecoin, and a few other crypto products. You may exchange crypto products or purchase them with fiat money using Luno. Over 40 countries have access to the platform. As a result, it accepts a variety of currencies. You may create price alerts for crypto products and get informed about any fluctuation. Luno has over 3.5 million members, with over a million mobile app downloads. ### Conclusion The appeal of snatching some digital gold amid the crowd is apparent in a world drowned by software. It’s simple to get started. Select your crypto initially, then your network. Smartphones are the most commonly utilized device due to their accessibility. A mobile crypto products’ app is helpful for crypto traders who wish to trade on the fly or maintain an eye on things. A few of the finest are listed. You’ll need to create an account if you don’t have one. If you’re already a trader with one of the brokers/exchanges, you only need to install the apps and join. ### FAQs – 1. Which is the best app for bitcoin? [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) offers the highest level of security and has over 1.79M+ satisfied customers. Such statistics make it the best bitcoin app among other mobile application platforms. 2\. Which app gives you free bitcoin? You can get free bitcoin on the [Unocoin](https://unocoin.sng.link/Awg8j/am4y?_dl=unocoin%3A%2F%2F) app in your wallet with unique referral codes. You can also earn free bitcoin just by shaking your phone. Read more about the latest feature [here](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148). 3\. Can crypto products be converted to cash? Yes. Converting crypto products into cash will involve taxation depending on the domestic regulations; however, no financial bank offers such services extensively. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly vo latile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [How does Bitcoin Vault differ from Bitcoin Wallet?](https://blog.unocoin.com/how-does-bitcoin-vault-differ-from-bitcoin-wallet/) **Published:** February 28, 2022 **Author:** Unocoin Growth **Content:** *Learn more about Bitcoin Wallet and Bitcoin Vault so you can secure your bitcoin from hacking.* Bitcoin is the most valued crypto asset and one of the widespread digital phenomena of the modern era. It is trending due to the security features that make it stand out from the usual paper currencies. At the moment, millions of people are using bitcoin for their transactions. This article will take you through the bitcoin vault and wallet, their differences, how to buy bitcoin vaults, and the exchange of bitcoin vaults. We’ll explore and see what purpose each of these has and could serve your interests in the best possible manner. **An introduction to Bitcoin Wallet and Bitcoin Vault** ![](https://cdn-images-1.medium.com/max/800/1*PPSA6qRFlWD5ZSeks3NLUQ.png)A bitcoin wallet is an encrypted address to store bitcoin and can be accessed using your private key. A bitcoin vault is generally offline storage that securely stores your bitcoin, with security being the prime motto. Both bitcoin wallets and vaults serve the same purpose, but they have some differences. Read on to know the differences in advancements and distributions of bitcoin. **Unocoin:** Crypto Ka Super App, is India’s most trusted platform for crypto transactions and trading. Based in Bangalore, Unocoin #CryptoKaSuperApp is set to grow exponentially in the coming year. **Bitcoin Wallet:** What is it, and how does it work? Bitcoin Wallet is a digital address encrypted to store bitcoin using cryptography. You can carry out a financial transaction with the help of this wallet. It works similar to how you use a bank account number and password. In that sense, you can have an online bitcoin wallet and an offline bitcoin wallet. Generally, many users have paper bitcoin wallets. It means that the public and private keys are written down on a piece of paper. This information is stored physically somewhere and not entered in any network or digital device. This practice ensures that it is safe from hackers. However, maintaining that piece of paper sometimes gets complicated, especially when creating an outgoing transaction every time. There is always a chance that the paper might get worn out, the ink disappears, or you may lose the key entirely. It could endanger your funds and lock them permanently. There are safer options such as the offline bitcoin wallet and online bitcoin wallet to choose from to avoid such a situation. **Offline Bitcoin Wallet** An offline bitcoin wallet usually consists of a personal computer to update the encrypted keys. Offline bitcoin could be a hardware or software offline wallet. A hardware wallet is a separate individual device that stores the user’s encrypted keys. It needs additional authentication, making it difficult for unauthorised access or theft. This type of wallet is expensive, and it needs a connection with a PC for use. A software wallet has special software installed on your mobile device or PC. It works similar to the hardware wallet. The only issue that could arise is that it is prone to malware or online virus attacks due to its operating system and internet connectivity. **Online Bitcoin Wallet** An online bitcoin wallet helps to store bitcoin on the cloud. You could access it online via any wallet service provider. You can access your wallet online at any time, anywhere from around the world. It gives its user the option to recover the wallet through individual authentication. This way, it becomes a sound and generally accepted storage practice globally. However, use a trusted wallet service provider to store it in remote locations. **Bitcoin Vault:** What is it, and how does it work? A vault generally refers to a chamber that can securely store anything. Likewise, security is the primary concern of a bitcoin vault. Many safety measures are incorporated to create the perfect bitcoin vault. Although the same goal is achieved through a bitcoin wallet, there are some distinctions between the two. Some of them are further explored below: **Advanced encryption** In this type of encryption (or sometimes through manual efforts), the capital amount is kept withheld for an extended period of time like 24-48 hours. It is released only after the final confirmation. The asset owner has to confirm the transaction and initiate the process. If it’s a group vault, enough members would be required to give the final confirmation. The vault provider has to receive proper authentication to allow the transaction process. **Geographical distribution** Many bitcoin do not get stored in the exact location or server. Most of them get stored in a geographically distributed network of servers and directly connect to the internet. Some companies provide additional features in their vault services. The difference between the bitcoin wallet and the bitcoin vault is their levels of security. Bitcoin wallet is easier to access and use, whereas bitcoin vault is comparatively more complex and restricted. Therefore, choose after you consider the pros and cons of both options. **FAQs** **How to get a bitcoin vault?** Visit the website of an official bitcoin vault service provider. Select the crypto you’d like to store. You’ll find the vault option. Their interface should guide you to **Create Vault**. **How to get a bitcoin wallet?** Visit the website of an official bitcoin wallet service provider. Select the operating system to download the wallet software. Once the download finishes, the installation process will start automatically. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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 yo ur queries below: - **YouTube Channel:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Know Your Coin: Bread (BRD)](https://blog.unocoin.com/know-your-coin-bread-brd/) **Published:** March 2, 2022 **Author:** Unocoin Growth **Content:** - Bread is a global company that specialises in “mobile wallet”. - The Bread technology aims to bring legacy banks to the blockchain ecosystem. - It also aims to reinvent and revolutionise banking. - Bread seeks to accelerate the Bitcoin decentralised blockchain technology. - Coinbase acquired Bread last November to accelerate web3.0 adoption. ![](https://cdn-images-1.medium.com/max/800/1*FTJbvYkPkHMa4MEb5XRHLw.png)Since the start of the blockchain peer-to-peer electronic cash system, blockchain technology has been moving fast, bringing many innovations and breakthroughs to the financial system. With blockchain, the definition of “money” and “value transfer” has changed, adapting to the changing economic landscape. While the core idea of blockchain is to move away from the traditional centralised financial system, the Bread technology is to bring the legacy banks to the blockchain ecosystem. Bread is a global company that specialises in “mobile wallet” and aims to bring blockchain-enabled financial services to the mobile generation. Bread facilitate the buy and store of bitcoin and other crypto-assets securely. While crypto works on blockchain and legacy economic systems operate on a specific database, Bread is a technology aimed to reinvent and revolutionise banking. The Bread technology integrates and builds a blockchain that can help syn with the traditional banking ledger database. While Bitcoin decentralises banking by moving away from a centralised one and making it accessible to everyone, Bread catalyses and accelerates this idea. The whole concept of Bread is to have the same traditional banking system but in a blockchain — which is faster and decentralised. Bread was launched in 2014 and raised a VC funding of **$7 million** in August 2017. It went on to go for ICO in December 2017 and raised **$33 million** in price value by launching 88 million BRD tokens. Today, Bread is present in 170 plus countries, has $20 Billion in assets under protection, and serves 10 million people worldwide. Apart from providing easy to buy and store bitcoin and other crypto assets, Bread also includes portfolio management tools to offer a comprehensive banking experience. Bread has a reward system for its users that provides loyalty points and rewards in BRD tokens when they make any purchases using Bread. BRD is an ERC-20 token on the Ethereum blockchain launched as a loyalty and reward token. BRD has been used by over 5 million customers worldwide and is reportedly the fastest-growing blockchain-enabled financial app for everyday consumers. Coinbase has acquired Bread and its team last November to help accelerate web3.0 adoption. The Bread team will continue to share their expertise in self-custody for crypto wallets enabling people to safely and securely access the decentralised world of crypto. Bread gives unique gifts in NFT for BRD wallet users who migrate to self custody with Coinbase Wallet after the acquisition. **BRD token stats (At the time of writing)** BRD price — $0.44 Market Cap — $39,182,484 Volume — $7,913,617 Circulation Supply — 88,862,718.00 BRD ### Where to trade Bread BRD Tokens To trade Bread BRD token at [Unocoin](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) — Crypto Ka Super App, you can download the [Unocoin](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) application or sign up at [www.unocoin.com](http://www.unocoin.com/). For every unique sign up during the third month of this year, new users will get a welcome bonus of **INR 100** worth of bitcoin. What’s more? With [Unocoin](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) — Crypto Ka Super App, you can earn Satoshis by shaking your phone. All you need to do is, download the latest version of the [Unocoin](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) — Crypto Ka Super App application, shake your phone and [earn Satoshis for free](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148)! **About** [**Unocoin**](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) In 2013, [Unocoin](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) — Crypto Ka Super App, a Bangalore based technology startup and India’s first entrant into the bitcoin industry, was founded. 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](https://unocoin.sng.link/Awg8j/r3hw?_dl=unocoin%3A%2F%2F) processed transactions worth more than **INR 2B per month** for its 1,700,000+ customers. The startup has been featured among the Top 20 companies in The Fintech20: India list and have 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. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [ht tps://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [List of Top Ten Crypto Products in India](https://blog.unocoin.com/list-of-top-ten-crypto-products-in-india/) **Published:** March 5, 2022 **Author:** Unocoin Growth **Content:** Crypto products have increased demand as the global economy has shifted to the digital ecosystem. The market today is flooded with new crypto products. It has become hard for new investors to make the right investment decisions. Digital currencies are a thorny issue for nations as well. Crypto product is the new future and holds high potential for outstanding innovation in its field. This blog will cover the top 10 crypto products in the market. **Introduction:** ![](https://cdn-images-1.medium.com/max/800/1*QCuQBXRyc2TUAgaVSKPOeg.png)The concept of crypto products emerged when bitcoin illustrated the peer-to-peer digital cash system. It was created for one of the most important reasons: to protect against security and make people capable of taking their money-related decisions. After its inception, bitcoin saw wide acceptance. However, investors began to notice some defects in its privacy, speed, and proof-of-stake. This led to the development of alternative crypto products like Namecoin, Litecoin, and Swiftcoin in 2011. Ethereum, Ripple, Zcash, Litecoin, Monero, and Dash made it to the top 10 crypto products in 2021. Crypto products have seen a rise in demand as the global economy shifts to the digital ecosystem. Crypto products are like any asset but designed to exchange digital information. It can also be called a virtualized version of an asset protected by cryptography. In the past few years, a range of crypto products has emerged. The market has recorded more than 7000 crypto products till today. Countries like China, Singapore, Ecuador, Tunisia, Senegal, Venezuela, Sweden, Estonia have created their crypto products or are on their way to launching. They are making their path in daily utility; Starbucks accepts pay in digital currency. If it continues to grow and evolve, it will be a trillion-dollar industry in no time. New businesses develop their new crypto products via ICO (Initial Coin offering), which serves as a virtual currency and is open to the public in trade for other crypto products. It has raised the potential benefits for startup projects. [**Unocoin**](https://unocoin.sng.link/Awg8j/jq29?_dl=unocoin%3A%2F%2F) **For Crypto Products** Within years, [Unocoin](https://unocoin.sng.link/Awg8j/jq29?_dl=unocoin%3A%2F%2F) — Crypto ka Super App has gained trust and credibility as a platform provider for crypto products. It has registered more than fifty-five crypto coins. It offers its services as a website and application on the mobile phone. Interested users can download it from their Google play store for Android. It is also available on IOS and Mac devices. [Unocoin](https://unocoin.sng.link/Awg8j/jq29?_dl=unocoin%3A%2F%2F) also offers [systematic buying plans](https://blog.unocoin.com/?p=346) to help [new users.](https://blog.unocoin.com/?p=1169) Let us look at India’s top 10 crypto products from the most preferred one based on the current market cap ranking. We will also be covering some of the pros and cons as per the risk involved. 1. **Bitcoin (BTC)** One of the first recognized crypto products, bitcoin, enabled value exchange in the digital realm by incorporating a decentralized protocol. Bitcoin was the first established crypto to achieve a global consensus run on a transaction ledger blockchain. It is highly reliable and is ranked first in the top 10 crypto products. Critics often define *bitcoin* as a political, philosophical, and economic system in itself. It involves an array of stakeholders and technical features which are continuously updated. Some of the pros and cons of bitcoin are given below: **Pros**: - Facilitates faster international payments - Uses low transaction fees and settlement methods like SWIFT or ACH networks - Pristine collateral - Supports economic freedom - Easy to purchase **Cons**: - Slow transaction speed as its network can process only seven transactions per second - High transaction fees - Much energy is used to mine bitcoin **2. Ethereum (Ether)** Ethereum has quickly established itself as the second most valuable crypto product after bitcoin. Critics often point out that Ethereum holds the potential future as it is more than a digital currency. It has created an ecosystem of decentralized apps. *Ether* is the native crypto product used to perform all the transactions on Ethereum’s blockchain. **Pros**: - Smart contracts make it different from other top 10 crypto products. - It provides an excellent platform for Initial Coin Offerings (ICOs). - Fastest transaction rates in the market **Cons**: - It leads to network congestion. - Stiff competition from Cardano - Lack of multiple coding languages **3. Cardano(ADA)** It is the third most digitally advanced crypto product. It has proven to be a tough competition for Ethereum. It uses the most technologically advanced generation of blockchain, EOS and NEO, which makes it one of the top 10 crypto products in 2021. It was built by a global team and provided large-scale financial transactions. **Pros**: - Supported by a community of global researchers who contribute to blockchain development. - Highly scalable with a capacity of 257 transactions per second. - Multi-operative as it can interact with different crypto products. - Seamless infrastructure. - Exceptional growth rate with a market capitalization of $29,512,033,356. **Cons**: - Stiff competition from Ethereum - Lack of final products in the market. - Cardano’s price crashed in March 2018. **4. Bitcoin cash (BCH)** It is for those who do not like Segwit in bitcoin. Bitcoin cash forked itself from bitcoin in August 2017. It was changed on the argument regarding its code. It has successfully changed and marked the most popular Top 10 crypto products. The major update was in the form of scalability and transaction fees. It aims at operating a payment network and crypto products offering foremost transactions as a BCH token. Bitcoin cash came up with replay and wipeout protection technology which safeguards investors from replay attacks. It is helpful for those users who have coins on more than one fork. It provides the coexistence of two chains, reducing disruption. **Pros**: - Faster transaction rate as block size increases to 8 MB. - Low transaction fees. - Multi-storage in various wallets, including mobile, desktop, hardware, and even paper wallets. - Flag of being a “truer” bitcoin **Cons**: - Criticized for low-end variants - Centralization of Bitcoin cash **5. Litecoin(LTC)** Even though Litecoin is built on the bitcoin platform, it is a much-improved version. Investors often call it the future of money. Its decentralized money, free from censorship and availability to all, makes it the most preferred crypto product exchange. Its TPS is higher than bitcoin, with a $7,468,622,287 cap on mined coins. Litecoin holds high potential for future demand. **Pros**: - Cheap transaction fees of around $0.179 per transaction. - Faster transaction rate of around 2.5 minutes. **Cons**: - Expensive - There is stiff competition from other coins regarding privacy, smart contracts, and foreign transactions. - It restricts the use of specialized, powerful hardware. - The downward trend since its crash in March 2018. **6. IOTA** It is one of the most intriguing coins among India’s top 10 crypto products. It uses a new protocol invention named “Tangle” instead of the usual blockchain technology. Computing power in Tangle grows when more networks are added. We all know about the internet of things, which enables communication via sensors and the internet. It aims at providing the most secure, seamless, and scalable platform. It is designed to process micro-payments and facilitate a machine-to-machine micro-economy. It functions through billions of transacting nodes. IOTA’s primary mission is to provide free transactions to service IoT devices. It wants the devices to transact for a fraction of a penny. **Pros**: - Zero transaction fees - Infinite scalability - highly successful as prices grew from $0.44 to $0.7425 **Cons**: - Security problems with IOTA’s Tangle protocol - Risky and unpredictable **7. NEO** It is often referred to as Chinese ethereum as a Chinese crypto product. Initially, it was called Antshares. It is a highly convenient system of safe sharing of information and financial resources where any risk of tangible assets can be eliminated. The word is derived from the Matrix trilogy “Neo”, where a computer network uses people as an energy source. It aims at providing the same principle by using funds from electric wallets. It is one of the most established top 10 crypto products because of its outreach. It functions on two tokens; NEO and neoGAS (GAS). NEO tokens are all pre-mined and hold a cap of 100 million tokens. Users utilize this token for block creation, network management, and consensus requirements. The GAS token fuels the NEO blockchain and acts as security. **Pros**: - Supports digital assets; assists the user to register, deliver and exchange products. - It provides legal protection for assets. - It eliminates the need to learn a programming language. - Superconducting trading offers the exchange of digitized assets and P2P currency. **Cons**: - Worst hit if the government takes action against the Chinese government. - Faces severe competition from EOS and Cardano **8. Stellar (XLM)** It is considered a new-age crypto product. It promises to be trustworthy and to give high returns. Investors have used stellar’s built-in decentralized exchange for crypto, forex, and securities. It provides the opportunity to create, send and trade digital representations of all forms of money, ranging from dollars, pesos, and bitcoin. It aims to provide a platform where all financial systems can work together. Stellar has strategic partnerships with over 30 banks and organizations like Deloitte and IBM. It is focused on making cross-border payments as a non-profit organization. **Pros:** - Every transaction costs 0.00001 XLM. - Excellent network currency connection. - It provides power outreach to small companies like an international bank. - Highly decentralized than other crypto products. **Cons:** - Stiff competition - Trades off Decentralization **9. Ripple(XRP)** This has been one of the top-performing crypto products of 2021. It is an open payment network and a crypto product targeting international financial services. It is an open-source protocol that provides investors with several benefits. The operation in Ripple is conducted in two ways; XRP and IOU. XRP is the native currency and facilitates the transfer of money. At the same time, IOU highlights debt as well as any assets. It allows customers to use XRP for sourcing liquidity in cross-border transactions at a lower exchange while defining the efficient use of capital. It provides an easy-to-use interface for new users. The only requirement is a crypto exchange and a wallet for storage. Some of the top crypto product exchanges are Unocoin — Crypto ka Super App, Binance, eToro, KuCoin, and Ploniex. **Pros**: - It reduces the cost of transactions by 60%. - Facilitates P2P purchases - High transaction speed 3–5 seconds - Partnership with a reputable financial institution **Cons:** - Centralized Entity - Not for essential consumers and retail - Ripple labs control most of the stakes. **10. EOS** It is one of the most potent crypto products and is called the “Ethereum Killer”. The EOS network runs this. It is a high-performance blockchain infrastructure that aims at providing a fast, cost-effective, and protective environment. It runs on a half-second black time, which is ultrafast compared to other blockchain platforms. Commercial developers and financial institutions are often attracted to EOS to adopt blockchain technologies for large-scale use. It was designed to relieve the pain points faced by developers of blockchain applications like flexibility, speed, and scalability. **Pros**: - High-performance blockchain structure - Fast and cheap transaction - Implements consensus over events. - It supports multiple languages, unlike other crypto products. **Cons**: - Low awareness among investors as it was only launched in June 2018. **FAQs** - **Which crypto has the best future?** A: Bitcoin rank number one in the top 10 crypto products. It aims to achieve the best market capitalization by the end of 2022. It is highly stable compared to other cryptos, which are highly unpredictable. They hold the potential to grow at high rates and, similarly, can fall too quickly. There are no safety standards, and high risk is involved. However, to invest in a prospect, Bitcoin is starting. - **What is the most widely used crypto product?** A: Bitcoin is one of the most widely spread crypto products in the digital market. Its infrastructure is constantly growing, and interest is high. Bitcoin is one of the most secure currencies and is highly stable. It is user-friendly and creates a level of anonymity, applies lower fees, and is highly sustainable. - **Which crypto will survive in the long run?** A: Digital currencies are highly risky and rewarding. Prospects are unpredictable, but to say, Bitcoin and Ethereum have high chances of making it in the long run. They are highly reliable and consistently updated with the latest technology. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube.com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (D OT) and other popular altcoins can be traded on the go. The [new](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [What is Bitcoin Cash? Here is the complete guide about Bitcoin Cash](https://blog.unocoin.com/what-is-bitcoin-cash-here-is-the-complete-guide-about-bitcoin-cash/) **Published:** March 8, 2022 **Author:** Unocoin Growth **Content:** Like Bitcoin, Bitcoin Cash is a peer-to-peer decentralised computerised payment system that does not rely on fundamental management like a government or financial institutions. This article will talk more about Bitcoin Cash and Bitcoin Cash prices. ![](https://cdn-images-1.medium.com/max/800/1*JJRkk-t3AgKRsZkbtL148Q.png)### Bitcoin Cash: An outline Bitcoin Cash, commonly identified as BCH, is a crypto product that shares comparable features as Bitcoin (BTC). Nevertheless, despite the relations between Bitcoin and Bitcoin Cash, Bitcoin Cash is different from Bitcoin due to the characteristics and qualities that distinguish them. Also, the purpose behind designing Bitcoin Cash is to create a peer-to-peer crypto product and blockchain exchange. This crypto product allows users to intensify the extent of the blocks and assist them in making the transactions more stable. [Unocoin](https://unocoin.sng.link/Awg8j/af3s?_dl=unocoin%3A%2F%2F), Crypto Ka Super App, is India’s most reputable crypto trading website and is the most far-reaching ecosystem of Bitcoin traders in modern times. This crypto trading portal emerged into one of the most profitable Bitcoin and Ethereum trading platforms to render more reliable assistance. This platform also enhances its services, like [launching its new android mobile application](https://blog.unocoin.com/the-best-crypto-trading-platform-comes-with-the-new-android-app-36462c76e8a0), [shake and earn feature](https://blog.unocoin.com/shake-and-earn-satoshis-daily-here-is-how-951ce12f148) and [INR 100 worth of BTC for its new users.](https://blog.unocoin.com/?p=1169) ### What is Bitcoin Cash? Bitcoin Cash, also known as BCH, is a proof-of-work blockchain interface and crypto product that is more economical and faster to use than Bitcoin (BTC). BCH (Bitcoin Cash) got formed through the collective effort of mining developers and users. The developers were concerned regarding the asset’s capacity to evolve in the future and its capacity to ascend. Nevertheless, the developers had numerous apprehensions concerning the choice of SegWit2x. The producers believed that the SegWit2x (Segregated Witness technology) did not discuss the scalability problems and did not follow the design made by the owner, who was the initial individual to execute the underlying technology under the Bitcoin blockchain. Furthermore, the process of administering segregated witness (SegWit2x) technology as the future of Bitcoin was not entirely explicit. There were matters that the implementation would compromise the democratisation and decentralisation of the crypto product. It was why in August 2017, the Bitcoin developers built a hard fork that resulted in the creation of a new crypto product identified as BCH (Bitcoin Cash). Bitcoin Cash further added a 9 MB block size to facilitate the registration method and an adaptable degree of trouble to ensure the continuance of the currency and payment validation pace, notwithstanding the number of traders mining the currency. ### Differences between Bitcoin and Bitcoin Cash? The main difference between BTC and BCH is that as compared to Bitcoin, Bitcoin Cash holds a lower transaction charge. Apart from this, Bitcoin can readily transfer data expeditiously, which is why more people are shifting towards Bitcoin Cash. Also, the maximum Bitcoin Cash block size is 32 MB, contrasted to Bitcoin’s 1MB. This makes Bitcoin Cash more scalable to carry out higher transactions per second. It likewise reduces the environmental impact and enhances its viability as a crypto product. ### How to trade Bitcoin Cash? Even when Bitcoin Cash is amongst the leading market capitalisation currencies, not every significant crypto exchange sustains it. Furthermore, traders should keep in mind that before they trade in Bitcoin Cash (BCH), the crypto exchanges will ask traders to undergo a meticulous and precise identity verification process. In addition, to transfer or withdraw the funds from your Bitcoin wallet, you must initially link your registered bank account to the crypto exchange’s withdrawal system. It will need some hours to finish the identification method and affirmation of the bank account. In addition, numerous crypto product exchanges support transactions exclusively through bank fund transfers. This transaction usually takes up to 24 hours to complete due to safety purposes. Some online platforms even accept debit and credit card transactions and allow payments via PayPal. Every Bitcoin Cash price is different for different activities. Some portals impose a decided rate, whereas some estimate the amount for every business concurrently. The transaction pace will likewise differ depending on various websites. Also, when speaking of Bitcoin Cash, the payment alternatives are quick, and the withdrawal system is instant. Eventually, always remember to save your funds and trade secured in a Bitcoin wallet. Furthermore, always trade on well-known crypto portals like [Unocoin](https://unocoin.sng.link/Awg8j/af3s?_dl=unocoin%3A%2F%2F) that hold assertive client reviews and ensure your funds remain protected and safe. ### Factors that affect Bitcoin Cash price Mentioned hereunder are some factors that affect the Bitcoin Cash price. **1. Regulation:** Bitcoin Cash at present remains ungoverned by both states and financial institutions. Nevertheless, there are considerations that this would change in the coming times, which would affect its price. Furthermore, there are chances that these government ordinances will better regulate Bitcoin Cash. **2. Competition:** Bitcoin Cash is in stiff competition with Bitcoin, Ethereum and other digital currencies. Also, with this enhanced competition, the prevalence of Bitcoin Cash remains restricted and affects its price. **3. Adoption:** In modern times, Bitcoin Cash still does not get employed by companies or clients as a payment mode. Nevertheless, some traders understand the potential of this blockchain technology and consider this could evolve more broadly used in the coming days. ### Final words Summarising the points above to answer what Bitcoin Cash is, Bitcoin Cash is undoubtedly finding its route in the industry. While Bitcoin comprises a colossal share, much of that market cap will positively move over to Bitcoin Cash as more traders fancy trading in this asset. Furthermore, there is no doubt that Bitcoin Cash is a much more economical and agile network. **FAQs** 1\. Is Bitcoin Cash worth investing in? Given its expeditious transaction fees and extensive block size, Bitcoin Cash is emerging as the most lucrative crypto product that’s worth trading. 2\. What is a Bitcoin Cash wallet? A Bitcoin Cash wallet is a non-custodial, easy to manage digital wallet. It allows you to trade in crypto products via debit and credit card, PayPal and many more. [Unocoin](https://www.youtube.com/c/Unocoin/videos) is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can [buy](https://youtu.be/oaEdnczvXTQ) and [sell bitcoin](https://youtu.be/mV3JN8A_u80) instantly using the [Instant Buy](https://youtu.be/oaEdnczvXTQ) and [Sell](https://youtu.be/mV3JN8A_u80) feature. Not just this, you can also [buy ETH](https://youtu.be/PHZ5xN1OpbM) and [Sell ETH](https://youtu.be/Gccwn-Q1T5c) in no time. With more than [eighty-seven coins](https://youtu.be/w9osbgwWZZk) listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your [friends](https://youtube. com/shorts/o80VIM0xiD4?feature=share) 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](https://youtu.be/2OLQ7Zl2Ymo) ([Tether](https://youtu.be/pSypLAuyk5M)), 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](https://youtu.be/H-Til8txMfE) Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the [Systematic Buying Plan](https://youtu.be/Ys0TT3gvwQw), you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using [SBP](https://youtu.be/MDnCsroZBGA) for as little as INR 10. With another exciting feature called [Crypto Basket](https://youtu.be/ZdOr2xrWpPU), 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:** - **Newsletter:** [https://medium.com/subscribe/@Unocoin\_growth](https://medium.com/subscribe/@Unocoin_growth) - **Blogs:** [https://blog.unocoin.com](https://blog.unocoin.com/) - **Instagram:** - **Twitter:** - **Facebook:** - **LinkedIn:** - **Telegram Group:** [https://t.me/Unocoin\_Group](https://t.me/Unocoin_Group) - **Telegram Channel:** - **Telegram:** [https://t.me/UnocoinSupport\_Bot](https://t.me/UnocoinSupport_Bot) - **E-mail id:** [support@unocoin.com](http://support@unocoin.com/) - **Contact details:** 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat) - **App store link:** - **Playstore link:** Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At [Unocoin](https://www.unocoin.com/in/), 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). **Categories:** Blog --- ### [Bitcoin’s Price Prediction for 2022](https://blog.unocoin.com/bitcoins-price-prediction-for-2022/) **Published:** March 9, 2022 **Author:** Unocoin Growth **Content:** One of the most discussed topics of 2022 is bitcoin. One of the various reasons is the rapid price drop that negatively impacted people’s investments. However, the immense profit and returns it has offered before the fall were mind-blowing and persuaded people to continue investing in it. But due to the high volatility and instability, some people feel it is not a legit and safe investment method. Have you invested in bitcoin, or are you planning to invest in bitcoin anytime soon? If yes, then you’ve landed on the right page! This article will help you understand the bitcoin prediction for 2022 and the outcomes your investments are likely to show. ![](https://cdn-images-1.medium.com/max/800/1*tTGalN5qDnJ9WvUWt2kcNg.png)### An outline of bitcoin market prediction 2022 Bitcoin is the world’s leading crypto product and has made a record of hitting a market capitalization of $902,104,193,384.61 at the start of the year. These promising returns forced millions of people to purchase bitcoin even without complete knowledge of the same. Unfortunately, on 31st January 2022, the price of bitcoin crashed and dropped to $36146.25. Despite the fall and loss, many people believe that the price will rapidly increase, just how it sank. As of 7th March 2022, bitcoin was trading at $37,858.20. Till now, 2022 has been a roller coaster for bitcoin and the people who have bought it. Due to the high volatility, the bitcoin price prediction for 2022 and its accurate forecast can be misleading. But here are some significant predictions of bitcoin that will help you understand if it is worth investing in bitcoin in 2022 or just a loss of time and money. [**Unocoin**](https://unocoin.sng.link/Awg8j/tadf?_dl=unocoin%3A%2F%2F)**:** Crypto ka Super App is a bitcoin trading platform that allows users to trade and invest in crypto products easily. It has unique features like deposits via Mobikwik UPI wallet enabling users to invest conveniently. It is safe and easy to use and works well on Android and iOS devices. Bitcoin is a mind-blowing opportunity to trade fiat money, and if you’re looking forward to investing in bitcoin, [Unocoin](https://unocoin.sng.link/Awg8j/tadf?_dl=unocoin%3A%2F%2F) is your best choice! ### The growing demand for stablecoins Stablecoins, commonly known as crypto products, have showcased massive demand and interest in 2022, persuading millions of people to invest in them. And undoubtedly, bitcoin tops the list of having the highest number of purchasers in 2022. With the growing technology, the entire world is getting digitized, and so is the currency. But do these stablecoins have a legit future, and is the crypto product the end of the world? Will the bitcoin future value predictions show positive results? Let’s find out! In August 2021, U.S. Securities and Exchange Commission Chair Gary Gensler’s [statement](https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03) regarding stablecoins changed the whole perspective. He said that it was high time to regulate crypto product markets for the benefit of the public. Not just him, other regulators also called an urgent meeting to regulate stablecoins. In the past, regulators have shown this level of attention and interest to only the essential financial components like money market funds and banking systems. But now, stablecoins are receiving the same level of engagement. It in