NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Unocoin Partners with Bitwage to Enable Crypto-Payments in India

Gautham
Gautham
4 years ago
2 mins read
Bitcoin Paryoll Bitwage

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Indian Bitcoin ecosystem just got a bit more exciting. Unocoin, one of the “Big Four” Indian cryptocurrency companies has announced its partnership with Bitwage. The partnership is expected to further improve Bitcoin adoption in the country which is already showing increased interest in the digital currency following government’s recent “demonetization” initiative.

Unocoin’s partnership with Bitwage will help Indian freelancers and employees to receive their salaries and wages in Bitcoin instead of fiat currency. By agreeing to receive the payments in Bitcoin from employers in countries like the United States, Europe, and the United Kingdom, they can benefit from lower transaction fees, faster settlement, and virtually zero forex conversion fees.

Indian information technology sector is known for providing tech services to the global market. The strong service industry combined with increasing demand for Bitcoin will allow Unocoin and Bitwage to strategically position themselves in the sector. The Co-founder and President of Unocoin, Sunny Ray was quoted in a leading economic daily saying,

“Our partnership with Bitwage could not have come at a better time for the people of India. The demand for Bitcoin in India is tremendous. Together with Unocoin, Bitwage is giving foreign employees in India an unprecedented arbitrage opportunity, so they can take home far more money from the same paycheck than ever before.”

In order to use Bitwage’s services in conjunction with Unocoin, users (contractors, employees, and businesses) can sign up on Bitwage platform and select INR as their preferred currency. Once the registration process is completed, a Unocoin account will be automatically generated, allowing users to receive their wages over Bitwage’s network into their Unocoin wallet.

The move to remove existing INR 500 and INR 1000 banknotes from circulation was announced by the Indian government on November 6, 2016. Since then, the “Big Four” Indian Bitcoin companies — Unocoin, BTCX India, Coinsecure, and Zebpay have seen a huge surge in customer sign-ups. The sudden increase in demand led to Bitcoin trading at $200 premium in the domestic market for some time. The recent developments in Indian monetary system have been good for the country’s cryptocurrency ecosystem so far.

Ref: Economic Times | Image: Shutterstock
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ChatGPT: XRP koers klaar voor nieuwe ATH in juli? Ripple kan stijgen naar $27 tijdens bull run

ChatGPT: XRP koers klaar voor nieuwe ATH in juli? Ripple kan stijgen naar $27 tijdens bull run

Ripple (XRP) staat in de schijnwerpers nu de koers stevig momentum vasthoudt tijdens de bull run van 2025. Met een...

Lars Diederiksen 29 minutes ago
Crypto expert: Bitcoin koers gaat snel exploderen naar $250.000

Bitcoin Price Breaks 8-Year Resistance Line That Failed In 2017-2021

With the Bitcoin price rising to new all-time highs every other day, more crypto analysts have come forth with their...

Scott Matherson 1 hour ago
미래의 암호화폐 가격을 예측하는 코인 선물 게임 출시

암호화폐 미래 가격 예측 ‘코인 선물 거래’ 주목…전 세계 이용자 급증

암호화폐의 미래 가격에 대한 관심이 높아지면서, 최근 코인 선물 거래를 지원하는 다양한 플랫폼과 거래소들이 빠르게 등장하고 있다. 코인 선물 거래는 실제 자산을 보유하지 않고도 특...

Soyeon Lee 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

È Appena Iniziato il Superciclo di Liquidità di Bitcoin, Dice il CEO di un Hedge Fund

clararosati 5 minutes ago
Dogecoin price news

Fibonacci Maps Dogecoin Path To $23—Is It Too Far-Fetched?

Jake Simmons 19 minutes ago
bitcoin-booms-bitcoin-hyper-raises-2-5m-btc-l2-bet

Bitcoin Booms, and So Does Bitcoin Hyper — $2.5M Raised as Investors Bet on $BTC L2

Aaron Walker 28 minutes ago

Premium Sponsors

Press Releases

  • 4 kryptoměny, které mohou z $1000 udělat milionáře ještě toto léto

    4 kryptoměny, které mohou z $1000 udělat milionáře...

    23 minutes ago
  • 3 altcoina koja vrijedi pratiti u drugom tjednu srpnja 2025.

    3 altcoina koja vrijedi pratiti u drugom tjednu srpnja...

    2 hours ago
  • Mint

    Zak Manhire Launches Mint. io: A Web3 Gaming Platform...

    4 hours ago
  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    19 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.