Indian Unocoin Exchange to Launch Crypto ATMs

                                           First Crypto ATM In India

 

One of the Biggest cryptocurrency exchanges in India with over 1.2 million customers, is preparing to launch it's own crypto (ATMs).

Sathvik Vishwanath, Unocoin's CEO, confirmed to news on Wednesday: "It is true that we are launching our ATM machines but we have not made the news public yet. We may need about a week more before we get this operational. Someone has spotted a machine and they are spreading the pic and speculation around."

The crypto startup plans on setting up these ATMs across Malls where there are required infrastructure. Unocoin's ATM, once in placement, will be India's first crypto ATM

^{Photo credit: Twitter}

The picture of the ATM posted on Twitter has the logo of five cryptocurrencies: Bitcoin, Ripple XRP, Ethereum, Bitcoin Cash, and Litecoin. The ATM would be exclusively for Unocoin customers, and credit and debit cards are not accepted, the information on the ATM reads.