30 Crypto ATMs in 3 Cities

in #btc • 8 years ago (edited)

Unocoin has officially announced the launch of its cryptocurrency automated teller machines (ATMs). Last week, the exchange confirmed  the existence of the project after someone spotted one of the machines and posted a picture of it on social media.

Sathvik Vishwanath, Unocoin’s CEO, revealed to news.Bitcoin.com on Sunday:

The first ATM will be operational in Bangalore tomorrow…In the first phase we plan to deploy 30 machines…The first one is in Bangalore followed by Mumbai and New Delhi in the upcoming week.

Unocoin’s ATM.

The company explained that all customers of Unocoin and its crypto-to-crypto trading platform, Unodax, can deposit and withdraw rupees using the ATMs. "Users are subject to some limits on deposits and withdrawals per transaction and per day subject to cash handling restrictions in India," the exchange clarified. The minimum amount for deposits and withdrawals is 1,000 rupees (~$13.57) and must be in multiples of 500 rupees.


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8 years ago in #btc by
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