Unocoin is back online
India's leading bitcoin to fiat exchange is back online today - though it is NOT yet live
Unocoin went down earlier this week to patch weaknesses in its architecture and move servers "to a more secure location".
This coupled with a Bengaluru techie's account being hacked and drained of over Rs.100,000 earlier this month makes me want to reconsider using Unocoin for transactions.
Needless to say - MAKE SURE TO SECURE YOUR BALACES and only hold balances on online exchanges IF you plan to trade or cash out.
Will you continue to use Unocoin???
You know, tough to say at this point. I might want to hold coins in offline wallets for now but I'm sure their business will spring back up soon. The beauty of competition makes people go an extra mile.
Alright welcome back Unocoin!