India’s Unocoin Releases New Bitcoin Trading App for Mobile Devices

[kreslik.news]

India’s Unocoin, which recently raised $1.5 million, has developed and released a new mobile app for iOS and Android devices. The wallet app will allow users to buy and sell bitcoin in exchange for Indian rupees as well as send, receive and store the cryptocurrency. The implementation is timely because bitcoin adoption is rapidly advancing in India, fuelled by the government’s decision to demonetize 500 and 1000 rupee notes.

Abhinand Kaseti, co-founder and CMO of Unocoin, said: “As of now, there are more than 1 billion Indians who use mobile phones. More than 300 million use their phones regularly ... (read more)