Unocoin Bitcoin Exchange Review | BNS vs Unocoin Comparison

Choose the right Cryptocurrency Exchange

So you have decided to invest in cryptocurrency. However, which cryptocurrency exchange do you want to trade in? Now this is a tricky thing to decide. As there are so many cryptocurrency exchanges and many new are opening up, it’s not an easy decision to make. But no worries. We will help you decide.

Two of the most popular cryptocurrency exchanges are Bitbns and Unocoin. These are most investors’ favourites. Let us compare them and review Unocoin and Bitbns. Let’s see which one comes at the top.

Pay attention to these factors

Pay close attention to the major factors regarding cryptocurrency exchanges. Not every exchange works for you. You need to research a bit, weigh in their pros and cons before deciding on a particular exchange. Some of the major aspects you should consider while deciding are: Withdrawal, Deposit Fee, UPI Deposit, Buy and Sell Spread, Customer Support, and Zero Deposit Fee.

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BNS vs. Uncoin INR Deposit

When it comes to INR deposit, no other exchange can beat Bitbns. It supports all the important features, such as UPI (free and instant), RTGS, NEFT, and IMPS. It also supports the major banks like Kotak, HDFC, and ICICI. Moreover, it doesn’t charge anything for depositing the money.

Unocoin only supports IMPS, NEFT, and RTGS. And unlike Bitbns, Unocoin charges a high fee for depositing amount, and the process is slower compared to Bitbns.

BNS vs. Uncoin INR Withdrawal

Withdrawal is immensely faster on Bitbns. Investors are not charged anything for it, too.

Unocoin is not free. It charges a hefty amount for the withdrawal. Also, the process is quite slow compared to Bitbns.

BNS vs. Uncoin Fee on Crypto Withdrawal

The crypto withdrawal fee is insanely low on Bitbns. Besides, it also lets traders withdraw unlimited amount of crypto anytime they want.

Unocoin fails to support these features.

BNS vs. Uncoin Fee on Trading

The crypto trading fee is very low on Bitbns, whereas Unocoin charges 0.70%.

Each of your transactions on bitbns is charged a flat 0.25% trade fee, regardless of the volume you're trading. However, you will be eligible for a rebate if your total trade volume per day is greater than ₹4,00,000.

Buy order: Your transaction fees will be 0.30% of the matched amount on Unocoin.

BNS vs. Uncoin Customer Support

For any cryptocurrency exchange to make a positive impact on traders, its customer support should be commendable. Bitbns scores high points in this matter. All users’ queries are answered within five minutes. And the most important factor is that the exchange offers 24-hour chat service via Telegram. However, Unocoin’s customer service is not up to the mark. They respond very late and do not offer 24-hour service, either.

BNS vs. Uncoin Mobile App

Bitbns’s mobile app is excellent and is tremendously user-friendly.

Unocoin, too, has a pretty good mobile app.

BNS vs. Uncoin Coins Support

Bitbns supports all the major cryptocurrencies: Ethereum, Bitcoin, NEO, Ripple, Stellar, and GAS.

Unocoin supports only Bitcoin.

So if you want to trade in other prominent cryptocurrencies like Ripple, Stellar, NEO, etc., Bitbns is your go-to exchange.

BNS vs. Uncoin Free Coin

Bitbns made an great impact on traders and new users when they conducted a cryptocurrency flash sale. As part of the sale, users were given free coins. All they had to do was register themselves for the flash. This was a great opportunity for new users to get started. They may conduct a sale again, so be alert and don’t let the opportunity go.

Unocoin has never taken such an initiative.

These are some of the prominent pros and cons of Unocoin and Bitbns. Consider them carefully before making a decision.