As India Demonetizes, Unocoin Launches Mobile App
emerging markets

As India Demonetizes, Unocoin Launches Mobile App

THELOGICALINDIAN - Popular Indiabased Bitcoin aggregation Unocoin has aloof appear the barrage of its adaptable applications for iOS and Android phones Now users can buy advertise accelerate accept anon from the accessory which should animate added Bitcoin acceptance aural the country

Also read: India Encourages ‘Mission Mode’ Digital Currency Adoption

New Mobile App to Attract ‘Mobile-Heavy Market’

unocoin-logoUnocoin is an Indian bitcoin processing aggregation founded in 2013, which has broadcast absolutely rapidly. Over the advance of 2016, the Tumakuru-based startup has been ascent operations with funding, partnerships, and new services. The aggregation has been on a mission to accompany “Bitcoin to billions” with its connected development and endeavors beyond India.  

Unocoin said its adaptable appliance absolution comes at a time back “bitcoin acceptance is rapidly ascendance in India.” The significant increase is due to Prime Minister Narendra Modi’s accommodation to demonetize the rupee, the aggregation explained. Unocoin hopes its new iOS and Android alms advice advance bitcoin adoption with India’s ample adaptable market.

“As of now, there are added than 1 billion Indians who use adaptable phones. Added than 300 actor use their phones consistently for accessing the internet. This trend is accepted to go up by 56% per year,” capacity Abhinand Kaseti, Co-Founder, and CMO of Unocoin.    

Focus on Seamless Mobile User Experience

Unocoin has had a actual active year. It set a civic almanac for a bitcoin company, raising $1.5 actor USD this accomplished October. The pre-series allotment annular was backed by both Indian and all-embracing investors. Following this, the close additionally appear its API and an over-the-counter (OTC) marketplace. The aggregation has additionally fabricated partnerships forth the way abutting armament with MobiKwik and Purse.io.

The new mobile appliance will accredit the acquirement and auction bond for BTC/INR, mobile/DTH (Direct to Home Satellite Program) recharge, SIP (Systematic Investment Plan) access. The belvedere will be accessible for iOS 7.0 users and Jellybean or after for Android users.

“We focused on creating a architecture and interface that provided a seamless user acquaintance on mobile,” Abhinand Kaseti said. “Customer satisfaction, accessible aeronautics and user artlessness are the best important credo to us, and we capital to accommodate an alike added acceptable way for users to admission and administer their agenda bill portfolio back a home or assignment computer is out of reach.”

unocoin-bitcoin-ucapp-playstore   ‘Ensuring Bitcoin Security and Ease of Use’

Unocoin said the wallet has all the amenities bare to obtain, sell, or abundance bitcoins. The dashboard appearance the wallet interface with BTC sending and accepting options. Additionally, the app has a 24-hour amount chart, messaging support, and abode books. Kaseti said the startup has invested a lot of time and accomplishment in the adaptable platform.

“We congenital this app from the arena up, application our actual own accessible API, to ensure aegis and affluence of use,” explained Kaseti. “It is defended with TouchID for iOS accessories and countersign admission for Android devices, and boasts a one-touch button for affairs and affairs bitcoin, complete with built-in conversion.”

Over the accomplished few weeks, appeal for bitcoin has risen exponentially. Localbitcoins letters appearance that there has been a surge of about bifold the volume this month. This accomplished anniversary both Prime Minister Modi and Finance Minister Arun Jaitley accept been pushing for agenda acceptance and a cashless society. Unocoin hopes to accomplish the association of India’s desires to embrace a agenda apple by introducing a decentralized, bigger anatomy of money.

What do you anticipate about Unocoin’s new adaptable applications? Let us apperceive in the comments below.

Images address of Shutterstock, and the Unocoin website

There are no bigger Bitcoin believers than the Bitcoin.com team. That’s why this armpit is a one-stop-shop for aggregate you charge to get into bitcoin life. A Bitcoin store? Check. Earning bitcoin? Check. Forum discussions? Check. A casino? Yep, we accept that too. Prices and statistics? Also here.