Unocoin Review 2026

Unocoin offers access to 120+ cryptocurrencies in 3 markets: USDT, BTC, and INR. Maker and Taker fees are 0.2% and 0.3%, respectively.

The platform provides crypto loans with Bitcoin as collateral up to 50% of the BTC value. Unocoin has a "Sub-broker" program for earning passive income.

Unocoin; An Introduction to the Exchange

Unocoin, founded in July 2013, was the first cryptocurrency exchange in India. The company was first headquartered in Tumkur, Karnataka, and later moved to Bengaluru.

Companies from 5 countries, including Digital Currency Group, BoostVC, Blume Ventures, and Mumbai Angels, have invested in Unocoin Technologies Private Limited.

The exchange has attracted over 150,000 users and secured $1.5 million in funding from more than 30 global investors, making it one of the most well-capitalized crypto ventures in India.

Unocoin also takes an active role in education and adoption by organizing community events, seminars, and awareness campaigns focused on blockchain and cryptocurrency.

Key features of Unocoin:

• Founders: Abhinand Kaseti, Harish B V, Sathvik Vishwanath, Sunny Ray
• Processed more than INR 30B worth of transactions
• Over 85.73M orders processed

CEO Introduction

Dr. Sathwik Vishwanath is the visionary CEO and Co-founder of Unocoin, a pioneering platform that makes it easy to buy, sell, and store Bitcoin. A strong advocate of decentralization, he started Unocoin in 2013 with the goal of bringing cryptocurrency to mainstream financial markets. Dr. Vishwanath's leadership has been instrumental in growing the platform, which now serves thousands of users globally, with a particular focus on the Indian market.

With a background in Information Technology and a passion for innovative solutions, Dr. Vishwanath's expertise extends beyond cryptocurrency, including ventures in business strategy, entrepreneurship, and cutting-edge technologies. His extensive career includes roles in various startups, and his ongoing efforts at Unocoin are revolutionizing the way the world interacts with digital currencies.

Connect with the CEO through the link below:

• Dr. Sathwik Vishwanath LinkedIn

Unocoin Specific Features

The crypto exchange offers various services, including Crypto Wealth Club (portfolio management), Elite Club (priority support and VIP events), and a paper wallet (offline crypto storage).

Unocoin Exchange Pros & Cons

Like any platform, Unocoin has its strengths and weaknesses. Let's take a balanced look at the pros and cons of using this Indian crypto exchange.

User Levels

We must mention in this Unocoin review that the platform doesn’t provide user levels and fee reductions.

This can be a disappointment for high-volume traders. However, the exchange does offer some special programs for active traders:

• Elite Club: For users who maintain high trading volumes
• Crypto Wealth Club: Premium services and benefits to top traders

Unocoin Fees and Commissions

The exchange charges various fees for Instant Buy/Sell. Also, a government levied IGST of 18% will be charged on the transaction fee.

Unocoin has implemented a straightforward maker-taker fee structure for spot and peer-to-peer (P2P) trading.

• Maker Fee: 0.2%
• Taker Fee: 0.3%

Unocoin Exchange Digital Assets

The platform lists over 120 cryptocurrencies and offers trading pairs in three markets, including INR, USDT, and BTC. Some popular digital assets available on Unicoin:

• Bitcoin (BTC)
• Ethereum (ETH)
• Ripple (XRP)
• Litecoin (LTC)
• Bitcoin Cash (BCH)
• Stellar (XLM)
• Basic Attention Token (BAT)
• Dogecoin (DOGE)

It's worth noting that the platform currently lists 24 out of the top 30 cryptocurrencies by market cap.

Leveraged Trading

We must mention in this Unocoin review that it does not offer leveraged trading options.

This decision aligns with the exchange's focus on providing a safe and straightforward trading environment, particularly for newcomers to the crypto space.

Unocoin Exchange Account Opening and Verification

The platform requires users to verify their email address, phone number, residential address, and ID before trading.

#1 Create an Account

Go to the official website and click on “Create Account”. Enter a valid phone number, set a strong password, and submit the OTP received via SMS to proceed.

#2 Verify Identity and Contact Info

Upload a selfie and confirm your email address. This is crucial for activating two-factor security and account recovery.

#3 Complete KYC

Submit your PAN number and upload a valid proof of address (utility bill, bank statement, etc.). These steps finalize your identity verification and unlock full access to the platform’s trading environment.

How to Buy/Sell Crypto on Unocoin

Here's a quick guide on how to trade cryptocurrencies on the platform.

How to Buy BTC/ETH/USDT on the exchange

To purchase BTC, ETH, or USDT on Unocoin, simply log in to your dashboard. Select the cryptocurrency you want to buy and enter the desired amount in either the cryptocurrency or INR equivalent.

After reviewing your details, confirm the transaction by clicking the “BUY BITCOIN/ETHER/TETHER” button.

How to Sell BTC/ETH/USDT

To sell BTC, ETH, or USDT, head to your dashboard and choose the "sell" option for the selected coin. Enter the amount you wish to sell or its INR equivalent.

Confirm your details and finalize the sale by clicking the “SELL BITCOIN/ETHER” button.

Unocoin App Download

The exchange provides access to TradingView charts and trading tools through its web-based platform and mobile applications.

• Unocoin Android
• Unocoin iOS

Unocoin’s trading platform is built for simplicity, making it especially suitable for beginner traders and first-time crypto users. The interface emphasizes ease of use, enabling users to buy and sell Bitcoin and other supported cryptocurrencies with minimal friction.

Unocoin Services

Some crypto exchanges offer various services and products in addition to basic/advanced trading features. Unocoin is not considered one of them. Exchange Services:

Unocoin Security Factors

The exchange prioritizes security by offering multiple innovative features like Paper Wallet.

• Paper Wallet: An offline method for storing and managing cryptocurrencies
• AES-256 Encryption: Encrypting address-private key pairs using AES-256 encryption
• Multi-Location Storage: Storing encrypted keys in multiple safe deposit lockers at different locations
• Two Factor Authentication (2FA): Enabling 2FA for an additional layer of account security

Unocoin Exchange Payment Methods

The platform offers several payment methods for Indian users to deposit and withdraw INR as well as cryptocurrencies.

• INR: Instant Deposit, NEFT, RTGS, IMPS, UPI
• Cryptocurrency

The minimum deposit amount for NEFT, RTGS, and IMPS is INR 1000/day, and the minimum Instant Deposit amount is INR 100/day.

The maximum deposit amount for NEFT/RTGS/IMPS is INR 10.5M/day, and for Instant Deposit, it is INR 200K/day.

While crypto deposits are free of charge, withdrawals incur a variable network fee based on the digital asset.

Unocoin User Satisfaction

There are not many Unocoin reviews on reputable platforms, such as CoinGecko. There are only 11 comments on the Unocoin Trustpilot profile, and they are mostly negative.

• Trustpilot: 2.3 out of 5
• JustDial: 3.6 out of 5 based on 313 ratings

Unocoin Features

The table below is an overview of the additional features and products in the reviewed exchange:

Unocoin Bonuses

Crypto exchanges usually offer a bunch of promotional programs to their users; Unocoin follows the same tradition. Here are the currently active bonuses:

Mobile App Referral Program

The Unocoin Exchange offers a rewarding referral program where users can earn 51% of transaction fees every time the person they refer makes a cryptocurrency transaction. The referral program is designed to allow only verified members to refer their friends and earn rewards in Bitcoin. Below are the key terms and conditions of the program:

• Unocoin reserves the right to modify or cancel the referral scheme at any time;
• Referral payments are always made in Bitcoin, based on the average buy and sell prices at the time of the transaction;
• Only verified members can participate in the referral program;
• Referral payments are considered as gifts and are not subject to TDS (Tax Deducted at Source). The referrer is responsible for paying any applicable taxes;
• The referral bonus is subject to change depending on third-party offer availability;
• The bonus will be provided to the referrer each time the referee conducts a transaction on Unocoin;
• The referral bonus is valid for a lifetime, as long as the referee continues trading within the system;
• 51% of the transaction fees earned by Unocoin will be passed on as a referral bonus to the referrer.

Sub-broker Program

Unocoin’s Sub-Broker Program offers individuals the opportunity to leverage their trading skills and become part of the growing crypto industry. The program allows a verified Unocoin user to act as a sub-broker, helping others trade crypto and earn a share of the fees.

Who can be a Unocoin Sub-broker:

• A sub-broker must be a verified Unocoin user, having completed all the necessary KYC procedures;
• Any enthusiastic Unocoin user can express interest in becoming a sub-broker by reaching out to Unocoin.

Benefits of this Program:

• Passive income: Earn a percentage of the transaction fees for actions taken by your referred clients;
• Client association: Every transaction done by the sub-broker’s client earns a fee, which is paid to Unocoin;
• Centralized support: Benefit from Unocoin’s centralized customer service;
• Industry recognition: Increase visibility within the crypto trading sector while building a recognized brand;
• Business integration: Become a part of Unocoin’s larger business model with global recognition.

What can a sub-broker do:

• A sub-broker is responsible for placing orders and canceling them on behalf of their clients;
• They can take actions on verified clients’ accounts and assist with trading decisions;
• Sub-brokers can also process deposits and withdrawals in fiat currency, enhancing their clients' trading experience.

Elite Club

Unocoin’s Elite Club has been meticulously designed to cater to the specific needs of the platform’s most dedicated and engaged users. By becoming a member of this exclusive club, users gain access to a variety of premium services that enhance their trading experience and provide additional value beyond the ordinary.

Major Highlights of Unocoin’s Elite Club Programme:

• Priority Support: As an Elite Club member, you will enjoy priority access to customer support, ensuring your queries and concerns are addressed swiftly and efficiently by Unocoin’s dedicated team of experts;
• Enhanced Security: Your security is our priority. Elite Club members benefit from advanced security features, including enhanced authentication options and additional layers of protection, ensuring your digital assets remain safe;
• Exclusive Offers: Elite Club members enjoy special offers and promotions tailored specifically for them. From discounted trading fees to unique offers, these advantages are not available to the general user base;
• Personalized Assistance: Each member of the Elite Club receives personalized assistance with a dedicated account manager who will offer tailored recommendations, expert insights, and proactive support to help you make the best decisions;
• Elite Club Events and Networking: As part of the Elite Club, you gain access to invite-only events, workshops, and networking opportunities. These events allow you to connect with like-minded individuals, exchange ideas, and stay ahead in the fast-moving world of cryptocurrency.

Unocoin Support Channels

The exchange provides user assistance Monday through Friday from 9:30 am to 6:30 pm via phone calls. Unocoin has also implemented an email address for support.

• Email: support@unocoin.com
• Tel: +917788978910
• Address (Tumkur Office): Unocoin Technologies Pvt. Ltd., Gurudas Building, Opp Axis Bank ATM, SS Puram Main Rd, S.S.Puram, Tumakuru - 572102, India

Investment and Growth Plans

Unocoin offers several investment and growth plans, including the Earn program, Crypto Baskets, Systematic Buying Plan (SBP), Shake & Earn, and Referrals.

• Earn Interest: Up to 7% APY on USDT holdings
• Crypto Baskets: Over 17 crypto portfolios
• Systematic Buying Plan (SBP): Automating the process of purchasing cryptocurrencies over time with no transaction fees
• Shake & Earn: Crypto rewards by shaking mobile devices
• Affiliate: Referral commissions for inviting new clients
• Crypto Lending: Instant cash loans against Bitcoin collateral up to 50% of the BTC value with a 15% annual interest rate

Red Flag Countries on Unocoin

The exchange’s services are only available within India or for Indians. Unocoin is designed mainly for Indian residents and citizens.

The platform does not explicitly list "red flag" countries, but access is generally restricted to users outside India.

Writer's Opinion and Conclusion

Unocoin provides offers BTC, ETH, and USDT instant buy/sell with fees of 0.5%, 0.7%, and 0.7%, respectively.

The exchange accepts INR transactions via NEFT, RTGS, IMPS, and UPI. It has a rating of 2.3 out of 5 on Trustpilot.