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How to create and verify unocoin bitcoin account India

How to create and verify unocoin account
Hello guys, welcome to the world of digital currency (bitcoins). Today, In this article I will tell you about :-

 (1) What is bitcoins ? Is it legal to use them in India ?
(2) How bitcoin transactions work ?
(3) Why we use Unocoin?
(4) About Unocoin ?
(5) Create and verify your Unocoin account ?
Bitcoins photo


So let start our bitcoin journey...

(1) What is bitcoins ? Is it legal to use them in India ?



 # Bitcoin is created in 2009 by an unknown person using the satoshi Nakamoto. It is world's first open-source decentralized digital currency which is created and held electronically. Bitcoin is the peer-to-peer technology payment network system that is powered by its users and no one can control it.
Bitcoin is not ban in India, that's why you can easily use bitcoin in India.

(2) How bitcoin transactions work ?



 # Bitcoin is digital money that you can transfer to another person without the need of any third party like a bank. In fact, Bitcoins are not issued by any bank or government. For that, there are no transaction fees and no need to give your real name to send or receive Bitcoins.

(3) Why we use Unocoin?



 # Unocoin is the India's most popular Bitcoin company and Unocoin makes it easy to buy, sell, store, use and accept Bitcoin. You can use different Bitcoin wallets in India but Unocoin is the best option for Indians to make any transactions with very low fees and less formalities. To use Unocoin as Bitcoin wallet, you should have a verified account which I have explained below.

(4) About Unocoin ?



 # Unocoin is a popular bitcoin wallet for Indians. Their company is established in Banglore. With Unocoin you can send/receive bitcoins from/to any other bitcoin wallets like coinbase, blockchain etc. You can buy bitcoins directly from your bank account and once you successfully sell your BTCs, you can withdrawl your money which is in Indian National Rupee (INR) directly to your local bank account.

(5) Create and verify your Unocoin account ?



(i) First click here to signup using your e-mail address and create a strong password.


 (ii) Once you finish your registration, just check your e-mail account to verify your e-mail address.

 (iii) Now login your Unocoin account and fill up your personal details.

 (iv) Now for verification you need following documents scan copy -
 * PAN card,
 * Proof of address ( such as Adhaar card, driving licence or any utility bill showing your address proof).
Upload them to the provided field accordingly.

 (v) After uploading all required documents you will see status as VERIFICATION PENDING. Within 48 hours your Unocoin account verified and you will get a Bitcoin address which is used to receive bitcoins and store it in your Unocoin account.






Comments

  1. Anonymous20 April 2017 at 11:29

    Good explanation of unocoin and bitcoins in India

    ReplyDelete
  2. Anonymous28 June 2017 at 17:48

    Nice Blog,Thanks For Sharing Information.
    BTC MONK is best bitcoin wallet you can easily buy sell bitcoin and buy bitcoins with INR in india.

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  3. neogaswebwallet6 December 2017 at 16:21

    A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.Neo Gas Web Wallet

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