Bitcoin Exchange Unocoin Releases Mobile Wallet for iOS and Android

Indian bitcoin exchange Unocoin has launched a new mobile wallet app.

AccessTimeIconNov 28, 2016 at 2:10 p.m. UTC
Updated Sep 11, 2021 at 12:38 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.

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.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.