Unocoin is the leading Bitcoin exchange platform in India. The company was launched in 2013 by a small group of Bitcoin Enthusiasts that met in the Bangalore Bitcoin progressive thinkers meet up. Since then, the exchange has grown to be the largest Bitcoin-related company in the country. Unocoin Technologies Private Limited, offices are sited in Dr. Rajkumar Road, 1041/12, 1st floor, 1st main, 4th Block, Rajajinagar, Above State Bank of Mysore in Bangalore – 560010, India.
Unocoin also offers tailored services for companies and brick and mortar shops and other online services. Unocoin merchant gateway integration is a simple and instant way for businesses, traders, e-commerce shops, NGOs and freelancers to accept Bitcoin as a medium of payment for their products and services. The company is currently the only one company offering such type of services in India.
The company attracted the interest of a big investor company’s and was able to gather a $250k funding from a company funded by Barry Silbert’s company, SecondMarket. This funding round was the largest known to date in India’s Bitcoin space. Also, with a large number of people of Indian descent and nationality working abroad, Unocoin is also trying to lead the global remittances in India.
The company offers its customers the chance to buy Bitcoin at 0% Fee and does not charge merchants any fees to accept Bitcoin as a payment method. One of the many advantages of the Bitcoin protocol is that it allows merchants to trade without the fear of chargebacks, that’s why the company offers its customers what is described as a Simple Integration with no chargebacks and 0% Volatility Risk.
Since the fluctuation in Bitcoin prices can pose a serious risk to merchants, the company also lets users choose between keeping their Bitcoin or instantly sell it for cash.
If you live in India and are running your own online business and you are seriously interested Bitcoin as a payment method, Unocoin is surely the best option for you!
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