Unocoin Review: Is This Indian Crypto Exchange Safe and Worth It?

When you're searching for a Unocoin, a cryptocurrency exchange based in India that lets users buy, sell, and store digital assets like Bitcoin and Ethereum. It's one of the older platforms in India's crypto scene, but that doesn't mean it's the safest or most reliable choice today. Many Indian traders started with Unocoin because it was one of the first to offer easy INR deposits and simple mobile apps. But as the market grew, so did the competition — and the red flags.

Unocoin is often compared to other Indian crypto exchanges, platforms like WazirX, CoinDCX, and ZebPay that also support INR trading and local compliance, but it lacks some key features others have nailed down. For example, while it supports spot trading and has a basic wallet, it doesn’t offer futures, staking, or advanced order types. That’s fine for beginners, but if you’re serious about trading, you’ll quickly hit limits. Also, its customer support is hit-or-miss — users report long wait times and vague replies when issues arise. And unlike regulated platforms in the U.S. or Europe, Unocoin doesn’t publish regular audits or third-party security reports, which makes it harder to trust with large amounts of crypto.

Another thing to watch: crypto exchange fees, the costs you pay to trade, deposit, or withdraw on a platform — including maker/taker fees, withdrawal charges, and hidden spreads. Unocoin’s fee structure isn’t transparent on its website. Users have to dig through forums and Reddit threads to find out they’re paying up to 1% per trade, plus extra for INR withdrawals. Compare that to Binance or CoinDCX, where fees are clearly listed and often lower. And while Unocoin claims to be compliant with Indian regulations, it’s not listed on the RBI’s approved financial service providers, which adds another layer of uncertainty.

So what’s the real picture? Unocoin works if you’re new, want to buy your first Bitcoin with a bank transfer, and don’t plan to trade often. But if you’re holding more than a few thousand rupees, or you want fast withdrawals, better tools, or clearer security, you’re better off looking elsewhere. The posts below dive into real user experiences, fee breakdowns, and how Unocoin stacks up against other platforms — including some outright scams that look just like it. You’ll find reviews that show what happens when support goes silent, when withdrawals get stuck, and why even trusted exchanges can turn risky without transparency.