Author: Jagdish Kumar, India
In order to cater to other crypto assets, Bangalore based cryptocurrency exchange, Unocoin has announced the launch of new exchange that will trade in 15 cryptocurrencies.
Called Unocoin Digital Asset Exchange (Unodax), the company said it will now work as an exclusive trading platform, as compared the previous of live order book trading platform.
The new exchange has have whole set of tools for hardcore traders in the industry.
In a statement, the company said that users are now been migrated to the new platform and there are no issues reported and hope that the process will be completed without any problems.
There will be no new login details creation, as the users will retain their login credentials and transaction history across the sites post-Unodax launch.
Both the platforms websites and apps will share the username and password. Unocoin emphasized that for a user, nothing changes, except for the fact that you now get distinct websites that aim for speed and performance.
In Unodax.com user can buy or sell other crypto assets in addition to BTC, with the maker fee of 0.4% and taker fee is 0.6%.
Furthermore, Unocoin is offering a bitcoin bonus of 0.3% on all maker transactions who brings liquidity to the order book.
After this, Unocoin will now be a dedicated platform for buying and selling Bitcoin (BTC) with no price slippage up to 10 BTC.
However, the users has to pay the transaction fee is 0.7%, and the minimum order is INR 1,000 ($15), the company statement added.
From the new exchange, trading of 15 cryptocurrencies which are now listed are bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), ripple (XRP), bitcoin gold (BTG), basic attention token (BAT), funfair (FUN), tron (ZRX), OmiseGo (OMG), as well as BTC.