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Indian bitcoin startup Unocoin has announced its plan to launch a multi-crypto exchange.
According to the official release, the new platform will support five cryptocurrencies at launch, including Bitcoin (BTC), Bitcoin Cash (BSH), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).
“Unocoin is now launching a multi-cryptocurrency, open order book exchange! Coming to the same Unocoin app on iOS and Android, the new exchange is all set to revolutionise cryptocurrency trading in the country — with support for 5 cryptocurrencies from the get-go,” Unocoin said.
Unocoin is coming soon with Bitcoin Cash, Litecoin, Ripple, Ethereum, and Stellar.
— Unocoin (@Unocoin) February 1, 2018
Sign-up with India’s leading cryptocurrency and blockchain company to buy & sell cryptocurrency.https://t.co/1tu5Z3U7X3 pic.twitter.com/FkwQFGKhmK
Users will be able to buy and sell the cryptocurrencies on the exchange, as well as deposit and receive their holdings from and to the exchange wallet. Unocoin said that the new exchange will allow users to queue their trades, and modify/manipulate them as per the market trend.
“Think of it like trading on the stock market, except you’re doing it with cryptocurrencies this time,” Unocoin added.
