- UnoCoin has suspended instant withdrawal services IMPS and NEFT, according to reports.
- The platform recently introduced a reward program for its users.
According to the latest reports, one of the prominent Indian cryptocurrency exchanges, UnoCoin has suspended its instant withdrawal services IMPS and NEFT. UnoCoin users can collect their investment from the exchange, after a few working days. For this, investors can submit a request to withdraw funds to the platform, according to the sources.
UnoCoin to expand their services
The UnoCoin trading platform was founded in 2013. The company has more than 2 million users worldwide. To expand its service to a wider area, the exchange has already partnered with several crypto companies.
Sathvik Vishwanath, CEO and Co-Founder of UnoCoin recently stated:
We have processed more than $2 billion in transactions per month for more than nineteen lakh clients and are now aiming for majority share of users across the country. We would like to express our deep gratitude to existing users and stakeholders for their unwavering support over the years.
The Indian cryptocurrency exchange is adapting various strategies to expand its functionality across the country and the world. The platform recently introduced a bonus program to its traders, enabling their clients to get 51% of the trading fee on every transaction.
Additionally, to reach a wider audience in Tier 2 and Tier 3 cities, UnoCoin previously launched a new brand identity with an updated website design and iOS app. Indian citizen can access UnoCoin app in various Indian languages.
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