THELOGICALINDIAN - One of Indias above cryptocurrency exchanges Unocoin has appear the barrage of its new trading belvedere featuring the accomplished set of accoutrement for hardcore traders in the industry Fifteen cryptocurrencies can now be traded application its platforms
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Unocoin Launches Unodax
Leading Indian cryptocurrency barter Unocoin appear on Wednesday the official barrage of its new trading belvedere alleged Unodax (Unocoin Digital Asset Exchange). The aggregation wrote:
The aggregation believes that the clearing from its absolute belvedere to Unodax “is actuality performed after any hiccups to Unocoin users,” acquainted that “users will absorb their login accreditation and transaction history beyond the sites post-Unodax launch.” In addition, the two platforms’ websites and apps will allotment the username and password, Unocoin explained, emphasizing, “For a user, annihilation changes — except for the actuality that you now get audible websites that aim for acceleration and performance.”
Unocoin vs Unodax – the Differences
The arch Indian exchange’s website explains that Unocoin.com “is now absolute to buy and advertise bitcoin [BTC],” abacus that there is “no amount slippage up to 10 BTC,” beheading is immediate, the transaction fee is 0.7%, and the minimum adjustment is 1,000 rupee (~US$15). The aggregation elaborated:
In contrast, Unodax.com will be acclimated “to buy or advertise added crypto assets” in accession to BTC, with the maker fee of 0.4% and bacteria fee is 0.6%. Furthermore, there will be “a bitcoin benefit (0.3%) on all your maker transactions,” to accolade those who accompany “liquidity to the adjustment book.”
Recently, Unocoin alien the trading of 15 cryptocurrencies which are now listed on Unodax. They accommodate BTC, BCH, ETH, LTC, XRP, BTG, BAT, FUN, ZRX, and OMG.
Prior to the Unodax launch, the belvedere added an “order-based trading affection on its belvedere as allotment of a apartment of updates on its iOS and Android application,” initially acknowledging “six above crypto assets, i.e. bitcoin (BTC), bitcoin banknote (BCH), bitcoin gold (BTG), litecoin (LTC), ethereum (ETH), and ripple (XRP),” the barter wrote at the time.
Surviving RBI Order
Currently, banking institutions are in the action of closing coffer accounts of cryptocurrency exchanges, per the adjustment by the Reserve Coffer of India (RBI). Banks accept until July 5 to end their relationships with crypto companies. Meanwhile, petitions accept accumulated up in cloister gluttonous the changeabout of the axial bank’s order. The Indian Supreme Cloister will apprehend the case on July 20.
Meanwhile, traders in India accept flocked to crypto exchanges to barter cryptocurrencies advanced of the ban. Trading belvedere operators are additionally advancing up with strategies to break in business alike afterwards the axial bank’s adjustment takes effect. A cardinal of them, including Zebpay and Koinex, accept launched crypto-to-crypto trading platforms.
What do you anticipate of this new platform? Let us apperceive in the comments area below.
Images address of Shutterstock and Unocoin.
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