Listing of YFI and WBTC on our Exchange

Dear Customers,

The first news we want to share today is that we have now integrated Unodax exchange platform into Unocoin on the web. This means all you have to do to visit our exchange and place bid/ask orders is to click on the single Exchange button on the dashboard after you log in at Unocoin.com. The mobile app integrations would happen in the next two weeks.

Another exciting news we have is the listing of DeFi related tokens YFI and WBTC on our exchange.

Here is more info on YFI and WBTC as taken from coinmarketcap:

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming. Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders. Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

Wrapped Bitcoin (WBTC) is a cryptocurrency and operates on the Ethereum platform. Wrapped Bitcoin delivers the power of Bitcoin with the flexibility of an ERC20 token. Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. Completely transparent. 100% verifiable. Community-led.

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

Team Unocoin

Listing of UNI and SNX on Unodax platfrom

 

Dear users,

Today we are pleased to announce the introduction of two new exciting tokens on our Unodax Platform – a De-Fi token UNI and a derivatives token SNX

Here is more info on UNI and SNX as taken from coinmarketcap:

Synthetix is a derivatives liquidity protocol on Ethereum that enables the issuance and trading of synthetic assets. Each synthetic asset (or Synth) is an ERC20 token which tracks the price of an external asset; for example, each sUSD token tracks the price of the US dollar (and unlike the other synthetic assets, is fixed at 1). A wide variety of Synths exists within Synthetix, including fiat currencies, cryptocurrencies, commodities, and inverse indexes. In principle, the system can support any asset with a clear price and provides on-chain exposure to an unlimited range of real-world assets. The protocol will enable a variety of trading features including binary options, futures, and more.

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

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

Team Unocoin

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