Is India's most popular Bitcoin wallet
Unocoin is India's most popular Bitcoin wallet. It has a built in exchange that allows users to exchange Bitcoin for Indian Rupees (INR). Unocoin charges a 1% fee to buy or sell bitcoins. Over an extended period of usage (minimum 60 days) and a significant transaction volume on your account, there will be an upgrade to “Gold Membership” and the trading fee will drop to 0.7% and the transaction limit per day will increase.
An exchange based out of India, it's mainly for Indian users who wish to purchase BTC for INR. It supports primararily bank transfers and as such can not be used by people outside India. The fees is fairly high and prices can be pretty expensive for people purchasing bulk however Indians can avoid having to pay conversion fees which they face when they use an International exchange.
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