Unocoin Review 2025: Fees, Security, and How It Stacks Up Against Indian Exchanges

Unocoin is one of India’s first cryptocurrency exchanges, launched in 2013 and now serving over 2.3million users. If you’re wondering whether the platform still makes sense in 2025, this review breaks down fees, security, supported assets, and how the service compares to rivals like Bitbns and CoinDCX. By the end you’ll know if Unocoin is a good fit for a beginner‑friendly start or if you should look elsewhere.

Key takeaways

• Unocoin is fully FIU‑registered, giving it a legal edge in India’s evolving crypto landscape.
• Trading fees sit at 0.2% maker / 0.3% taker, but withdrawal fees can add up for small balances.
• Security basics are solid - AES‑256 encryption, two‑factor authentication (2FA), and insured cold storage.
• Crypto selection is limited (≈50‑120 assets) compared with competitors offering 400+ tokens.
• Customer support is the biggest pain point; response times often exceed 24hours.

What is Unocoin?

Originally founded in Tumkur and later moved to Bengaluru, Unocoin positioned itself as the gateway for Indian investors to buy Bitcoin when the market was still a niche. The platform operates under the oversight of the Financial Intelligence Unit (FIU), meaning it must adhere to KYC and AML rules set by the Indian government. For most users, that translates to a smoother regulatory experience - you won’t be stuck in a legal gray zone when the RBI tightens crypto policy.

Supported cryptocurrencies and trading pairs

Unocoin’s catalog started with Bitcoin, then added a handful of major coins. Current listings vary between sources, but the consensus is roughly 50‑120 assets, covering Bitcoin, Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and a few DeFi tokens. All pairs trade against the Indian rupee (INR), which is convenient for users who don’t want to manage fiat conversion on foreign exchanges.

Fee structure - what you’ll actually pay

The fee table below summarizes the most common charges as of October2025. Note that Unocoin advertises a “flat 0.5%” fee, but the detailed breakdown shows maker fees at 0.2% and taker fees at 0.3%. Withdrawal fees are tiered by asset and amount - for Bitcoin withdrawals under 0.001BTC you’ll pay ₹150, while larger withdrawals cost a flat 0.0005BTC.

Security measures - how safe is your money?

Unocoin invests in a layered security stack:

• AES‑256 encryption protects data at rest and in transit.
• Two‑factor authentication (2FA) is mandatory for withdrawals.
• Cold storage holds roughly 95% of user assets, and the remaining hot wallet is insured against hacks.
• Regular third‑party audits verify the integrity of the code and infrastructure.
• Paper‑wallet generation is offered for users wanting an offline backup.

These practices put Unocoin on par with global players like Coinbase and Gemini when it comes to basic security, but they don’t compensate for the lack of advanced tools such as margin trading or futures.

Onboarding experience - how fast can you start trading?

Setting up an account typically takes 24‑48hours. The steps are:

1. Enter your mobile number and email.
2. Complete KYC by uploading a PAN card, Aadhaar, and a selfie.
3. Link a bank account (NEFT/RTGS/IMPS/UPI) - note that Unocoin does NOT support direct UPI deposits for buying crypto, which is a drawback compared to Bitbns.
4. Enable 2FA via Google Authenticator or SMS.
5. Deposit as little as INR100 and you’re ready to buy.

The mobile app mirrors the web UI and adds a fun “Shake&Earn” feature that rewards users with small crypto amounts for shaking the phone. Beginners love the clean layout; there’s no clutter of order‑book depth charts or leveraged positions.

Customer support - where does Unocoin fall short?

Support operates Mon‑Fri 9:30AM‑6:30PM IST via email and a ticket system. Community threads on Reddit and Indian crypto forums repeatedly cite response times of 24‑48hours, sometimes longer for verification issues. Bitbns advertises a 5‑minute response window, while CoinDCX offers 24/7 chat. If you’re a trader who needs fast issue resolution, Unocoin’s support may become a bottleneck.

Pros and cons at a glance

Should you trade on Unocoin?

If you’re a first‑time investor who values regulatory certainty and a simple buying experience, Unocoin is still a solid entry point. The platform’s compliance means you won’t have to worry about sudden shutdowns due to regulatory mismatches. However, if you’re after a broader altcoin menu, zero‑fee withdrawals, or 24‑hour support, you’ll feel constrained.

For a mixed strategy, many users keep a small “starter” balance on Unocoin for easy INR deposits, then transfer larger amounts to a platform like CoinDCX for advanced trading. The extra step adds a bit of friction, but it lets you enjoy the best of both worlds.

Future outlook - where is Unocoin headed?

Unocoin has announced plans to widen its crypto catalog beyond the current 120‑asset cap, aiming for 200+ by the end of 2026. Security upgrades are ongoing, with a roadmap that includes biometric login and hardware‑wallet integration. Regulatory trends in India suggest that FIU‑registered exchanges will retain preferential treatment, so Unocoin’s legal footing is likely to stay strong.

What will matter most is whether the platform can solve its support bottleneck and add features like UPI deposits or zero‑fee crypto withdrawals. Until then, the service remains best suited for beginners or risk‑averse traders who prioritize compliance over variety.