Removal of ETH and XRP base coin types

Dear customers,

As a part of clean up of the pairs, we have removed the ETH and XRP base coin pairs. From now on, we would continue to have only INR, BTC and USDT as the base coin types. All the pending orders for these base coin pairs are cancelled and the balances returned to their respective wallets. They can now be placed against the presently active base coins: INR, BTC and USDT.

Thank you

Team Unocoin

Final update with 3 new tokens of DAI MTL and SXP on Unodax

Followed by our listing LINK, MATIC, PAXG, FTM, STORJ between 15th to 19th of Aug respectively on our exchange Unodax.com, we are now pleased to let you know that on 20th Aug we have launched DAI and on 21st Aug we have listed MTL followed by on SXP on 22nd Aug.

Here is more info on DAI MTL and SXP as taken from coinmarketcap:

Dai (DAI) is decentralized and backed by collateral. The Maker Protocol, which allows anyone anywhere in the world to generate Dai, aims to facilitate greater security, transparency, and trust.

Metal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL.

Swipe is a multi-asset digital wallet application and Visa debit card that enables users buy, sell, and spend various cryptocurrencies. Swipe utilizes the Ethereum blockchain to operate the Swipe Network. Swipe uses a two-layer approach for its users to combine off-chain and on-chain function on its platform which is powered by the Swipe Token (SXP). For off-chain usage, supported cryptocurrencies can be instantly converted to fiat and used on point of sale. When the Swipe Network is activated in the platform, users receive a smart contract wallet which uses SXP directly on-chain to perform its functions. As functions are being called on the Swipe Network, 80% of those SXP fees are automatically burned creating a deflationary supply model.

Totally we removed 8 tokens in the second week of Aug and now we have added new 8 tokens between Aug 15th to Aug 22nd.

We continue to have 0% maker and taker fee on all pairs on our exchange for the month of August as well!

Team Unocoin

Three new coins on our exchange: PAXG FTM and STORJ

Followed by our listing of LINK and MATIC on 15th and 16th of Aug respectively on our exchange Unodax.com, we are now pleased to let you know that on 17th Aug we have launched PAXG and on 18th Aug we have listed FTM followed by on STORJ on 19th Aug.

Here is more info on PAXG FTM and STORJ as taken from coinmarketcap:

PAX Gold (PAXG) is a digital asset where one token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s gold vaults. Anyone who owns PAXG owns the underlying physical gold, held in custody by Paxos Trust Company.

FANTOM (FTM) is a Directed Acyclic Graph (DAG) based Smart Contract platform that aims to solve the scalability issues of distributed ledger technologies. The project’s mission is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.

The Storj Network (STORJ) aims to provide secure, affordable distributed cloud storage that gives data ownership back to the user. The distributed architecture and end-to-end encryption on every file protects against attacks, improves reliability, increases download/upload speeds, and enhances performance when compared to centralized cloud storage options. The STORJ token enables the coordination between different parties within the network to transfer value at scale, in a way that aligns with the goals of the wider network, including immutability, security, and third-party verifiability.

We continue to have 0% maker and taker fee on all pairs on our exchange for the month of August as well!

Team Unocoin

Introducing LINK and MATIC on our exchange

On our exchange platform www.unodax.com, we have introduced LINK on Aug 15 and MATIC on Aug 16 as a part of Independence day special. Deposits and Withdrawals are live and the tokens are listed. We continue to run the 0% for both maker and taker for the month of August 2020 as well!

Below is the explanation of LINK and MATIC – taken from coinmarketcap portal.

What Is Chainlink?
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. Chainlink was developed by Sergey Nazarov, with Steve Ellis as the other co-founder. It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens. LINK, the cryptocurrency native to the Chainlink decentralized oracle network, is used to pay node operators.

What is Matic Network?
Matic Network is a Layer 2 scaling solution backed by Binance and Coinbase that aims to provide a generalized Layer 2 platform, enabling Ethereum developers to scale their DApps for large-scale usage. For the initial phase, Matic has launched its hybrid PoS+Plasma sidechain on top of Ethereum. According to the team, Matic is one of the fastest-growing DApp platforms in the space.

– Team Unocoin

Discontinuation of 8 Tokens

Dear users,

On our exchange www.unodax.com, we are discontinuing the listing of the following tokens on 10th August 2020. Any pending orders will be cancelled and the balances returned to their respective wallets. However, the withdrawals of the tokens will continue to be honoured till 30th Sept  2020. The users are requested to make a note of the same.

Tokens being discontinued:

  • BRD Bread
  • CVC Civic
  • RDN Raiden network token
  • NMR Numerarire
  • PAY Tenx
  • QRL Quantum
  • GRS Groestlcoin
  • PAC Pac Global

–  Team Unocoin