Share this article
Bitcoin Exchange Unocoin Releases Mobile Wallet for iOS and Android
Indian bitcoin exchange Unocoin has launched a new mobile wallet app.
By Stan Higgins
Updated Sep 11, 2021, 12:38 p.m. Published Nov 28, 2016, 2:10 p.m.
Indian bitcoin exchange Unocoin has launched a new mobile wallet app.
The launch comes roughly two months after Unocoin closed a $1.5m funding round backed by both domestic and international investors. Unocoin had previously raised a smaller seed round in mid-2014.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Unocoin said it released the app in part to reflect India's embrace of mobile devices. The exchange has published apps for both iOS and Android users, enabling the purchase and sale of bitcoin directly as well as access to live market data.
Co-founder Abhinand Kaseti said in a statement:
"More than 300 million use their phones regularly for accessing the Internet. This trend is expected to go up by 56% per year."
The release follows a controversial move by the Indian government to ban high-value cash denominations, an act that has sparked protests.
Some observers have suggested that the move has spurred interest in bitcoin among domestic buyers, with local exchanges trading at a premium compared to the international market.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Unocoin.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
