According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 100 INR
- Web platform
- Mobile application
- Algorithmic trading is available
Our Evaluation of Unocoin
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Unocoin is a high-risk cryptocurrency exchange with the TU Overall Score of 2.76 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Unocoin clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Unocoin is a trusted cryptocurrency exchange that has been providing services to citizens and residents of India for many years. It allows you to start trading cryptocurrencies with a small investment amount, and also offers passive income options in the form of an affiliate program and holding digital coins.
Brief Look at Unocoin
Unocoin is an Indian exchange that was established in 2013 and currently services over 2.3 million traders. The list of available assets includes over 80 cryptocurrencies and tokens. In addition to market and limit orders, the exchange also offers advanced order types, such as Split, Ladder and Stack. The fees for buying/selling assets depend on the 30-day trading volume and the type of the order opened by a trader. Traders with large trading volumes pay zero fee (makers) or 0.3-0.5% fee (takers). A deposit can be made from a verified bank account and only in Indian rupees. The minimum is 100 INR, the maximum is 200,000 INR per day.
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- Extensive experience – the exchange was registered in July 2013;
- The minimum deposit is affordable even to cryptocurrency trading beginners;
- The exchange provides loans for different periods for buying assets;
- Free withdrawal of fiat to a bank account;
- Possibility to earn money on holding USDT in your wallet;
- No fee for storing cryptocurrencies;
- Affiliate program, welcome bonus and coupons for various purposes.
- Indian rupee (INR) is the only available fiat money;
- Only citizens and residents of India can create an account;
- Zero trading fees are available only for makers with a trading volume over USD 2,000,000.
TU Expert Advice
Financial expert and analyst at Traders Union
In order to become a Unocoin client, you have to pass identity verification by providing the photos of your Aadhaar card with the identification number of citizen/resident of India. You also need to verify your personal bank account number. You will be able to deposit funds to your account only once you’ve completed these steps. A client can send fiat money on any day and time, but the amount will show on your account balance only after the bank confirms the transaction.
The exchange issues loans at 15% for an amount from 100 USDT to 70,000 USDT. Two options are available: EMI plan for 3-36 months, and FLEXI plan that does not have any restrictions on repayment time. The loans are issued against collateral in bitcoin. Unocoin accepts deposits only in Indian rupees. A trader uses rupees to buy cryptocurrency he can use further for transactions with other coins on the platform for spot trading.
The exchange sets limits for daily turnover: a trader with the Standard status can buy up to 10 BTC and sell no more than 2 BTC. If the client’s 30-day trading volume exceeds 100 BTC, the client becomes a Gold Member, which provides an opportunity to reduce the trading fee and increase the available limits.
Unocoin Summary
| 💻 Trading platform: | Web platform for TradingView charts, mobile apps for Android and iOS |
|---|---|
| 📊 Accounts: | Standard, Gold |
| 💰 Account currency: | INR |
| 💵 Deposit / Withdrawal: | Bank transfer, National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), Unified Payment Interface (UPI), Immediate Payment Service (IMPS), cryptocurrency wallets (only withdrawal) |
| 🚀 Minimum deposit: | 100 INR |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | from 0 |
| 💱 Commission: | Spot: 0,5%-0,5% |
| 🔧 Instruments: | 81 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market, Limit, Stop Loss, Stop Limit, Ladder, Stack, Split |
| ⭐ Trading features: | Algorithmic trading is available |
| 🎁 Contests and bonuses: | Coupons for free crypto coins or a fee discount, welcome bonus for referrer and referral |
You can replenish an account on Unocoin only in Indian rupees; withdrawal is possible in INR and cryptocurrencies. The exchange offers proprietary platforms and supports various order types. Leverage is not provided.
Unocoin Key Parameters Evaluation
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Regulation and safety
With a 6.75/10 score, Unocoin demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Cold wallet storage
- No successful hacks history
- Government-regulated
- Not U.S regulated
- No facial recognition
- No investor protection fund
- Not tier-1 regulated
Unocoin Security Factors
We also compared Unocoin against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Unocoin | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Unocoin a regulated crypto exchange?
Unocoin is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Unocoin is authorized or licensed in accordance with local regulations in the following regions: India (FIU).
Is verification (KYC) mandatory at Unocoin?
Yes, KYC verification is mandatory at Unocoin. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Unocoin available?
Unocoin complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, Spain, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Portugal, Switzerland, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, France, Bangladesh, Thailand, Italy, Egypt, Poland, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Austria, Chile, China, Mexico, Denmark, Germany, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Unocoin support.
Is Unocoin available in the USA?
Yes, Unocoin is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Unocoin commissions and fees
Unocoin received a 4.9/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Spot fee above industry average
- Withdrawal fee may be applied
- P2P fee applied
What are Unocoin trading fees?
We analyzed Unocoin’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Unocoin trading fees vs competitors
| Unocoin | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,5 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,5 | 0,22 | 0 | 0.194 |
What are Unocoin deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0003 BTC 0,005 ETH |
Does Unocoin offer P2P trading?
Yes, Unocoin offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Unocoin P2P Fees
Deposit and withdrawal
Unocoin received a 5/10 rating for its deposit and withdrawal services. While Unocoin covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Bank transfers for deposits and withdrawals
- P2P for flexible transfers
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No support for bank card payments
- No Google Pay option
- No PayPal option
Deposit and withdrawal options
Unocoin supports the following deposit and withdrawal options: Bank transfers, Crypto.
Unocoin Deposit and withdrawal options vs competitors
| Unocoin | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Unocoin minimum deposit?
The minimum deposit at Unocoin is 10 USD/USDT or 0,0002 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Unocoin minimum deposit vs competitors
| Unocoin | OKX | Kraken | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 0,0002 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 10 | 0,00001 | 1 |
Does Unocoin support fiat money?
Unocoin does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Unocoin received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Unocoin covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Fiat currencies supported
- Copy trading not available
- Only 81 supported coins
Unocoin supported coins and markets vs competitors
We compared Unocoin with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Unocoin | OKX | Kraken | |
| Supported coins | 81 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Unocoin passive income options vs competitors
We also compared Unocoin with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Unocoin received a score of 6.05/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- App data protection with 2FA
- Advanced tools and automation with API
- No Face ID
- iOS App score 3,6
- Android App score below 4 points
Trading apps
Unocoin provides web and mobile apps for both Android and iOS users, with an average rating of 3,6 on the App Store and 3,5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Unocoin platform is for mobile use.
| Unocoin | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | Yes | Yes |
| Advanced Orders | No | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Unocoin offer a desktop app?
No, Unocoin does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Unocoin offer advanced charting with TradingView integration?
No, Unocoin does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | 2nd floor, Gurudas Building, S.S. Puram Main Road, Tumkur, India |
| Official site | https://www.unocoin.com/ |
| Contacts |
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