Blockchain Integrates with Unocoin
Leading Indian bitcoin exchange and merchant service provider Unocoin has partnered with Blockchain, the operator of the world’s most popular bitcoin wallet, Blockchain.info. The Bangalore-based exchange expressed on Thursday that the partnership “will allow individuals in India to seamlessly and quickly fund their Blockchain wallets.”
Blockchain.info’s wallet service currently has almost 16.7 million users in 140 countries globally. According to the announcement, half of Blockchain’s customers in India have used bitcoin for remittances. Blockchain detailed:
Quote
"Beginning today, we’ve integrated Unocoin’s exchange directly within the Blockchain wallet to give you greater purchasing power without having to compromise security or control…For the first time ever, your Blockchain wallet can be funded in just a few clicks by linking your bank account, which is subject to bank transfer speed."
Previously, acquiring bitcoin in India has been “a multi-step process with high fees, long settlement delays, untrustworthy service providers, and opaque identity verification procedures,” according to Unocoin. “This integration aims to eliminate that friction and make buying bitcoin more user-friendly and more accessible for customers across India.”
Currently, the Unocoin integration is only available to web users. However, “we plan on expanding to our Android and iOS wallet users in the near future,” Blockchain noted.
Read more: https://news.bitcoin.com/top-indian-bitcoin-exchange-integrates-with-blockchain-wallet/