FloatingWaffle
FloatingWaffle

Is Unocoin the worst crypto platform ever?

Annoying re kyce every few months. And bastards have very specific requirements of doc uploads. U have to have original pan card with you and only take its photo. No existing screenshots or soft copies work.

Before this it happened twice. Once because they would not verify an uploaded Aadhar card scanned copy. Kept saying they couldn't read it. Same thing worked everywhere else.

And before that they locked me out because of ProtonMail ban.

Some dude called satvik vishwanath built this louda platform tbh (sorry).

8mo ago
SillyDonut
SillyDonut
TCS8mo

💯

FloatingWaffle
FloatingWaffle

Suggest alts also please?

Which one would you use that you feel is good?

SillyJellybean
SillyJellybean

Clearly you've never built a startup yourself. India has been a shit show with regulations, esp web3. Unocoin has had to do all this to prevent money laundering and not getting shut down while others have struggled to comply with changing regulatory scenario every 2-3 years.

Satvik was even jailed for trying to open a btc ATM in a mall ffs. This is why most Indian exchanges have already left India, unocoin is one of the exceptions.

Takes a lot to build a successful business in India, that too in crypto.

CosmicQuokka
CosmicQuokka

Try coindcx so far have had best experience among newer indian exchanges,

I've been through zebpay, coindelta, coinome etc, few of these have shutdown while unocoin seems to be the last standing stalwart from the older Indian crypto exchanges.

Appreciate the team for surving through the cycles.

FloatingWaffle
FloatingWaffle

Ok... Any Idea about WazirX?

FloatingWaffle
FloatingWaffle

Yeah coindelta made me go to unocoin. DCX had just opened, I tried it, didn't like it back then...

But now want to test WazirX. I have seen people keep saying it's good. Any idea?

QuirkyCupcake
QuirkyCupcake

And they charge too much, I forgot about it and opened it after 2 years. For login, they asked me to do KYC again. After submitting all docs, and then logged in just to see empty balance

FloatingWaffle
FloatingWaffle

Fk me.

Yep. They charge quite a bit. Must have a good revenue. Plus imagine they are based out of tumkur! So that's low cost in infra and manpower as well.!

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