Unocoin introduces Shake And Buy bitcoin and instant bank deposit features

Cryp­tocur­ren­cy exchange Uno­coin on Wednes­day launched Shake and Earn for buy­ing Satoshis, the small­est unit of bit­coin cryp­tocur­ren­cy with invest­ment that costs as less as $1. This fea­ture enables auto­mat­ic cred­it of Satoshis in the wal­let by just open­ing the Uno­coin app and shak­ing your phone. 

Uno­coin also launched Instant Bank Deposit for deposits in Uno­coin wal­let with­out the require­ment of adding a ref­er­ence number. 

Bit­coin is divis­i­ble to eight dec­i­mal points and so one can buy as lit­tle as 0.00000001 of a bit­coin. Satoshi is the small­est unit of the bit­coin cryp­tocur­ren­cy. Cur­rent­ly, one Satoshi is less than $0.00056 and 1,761 Satoshi are worth $1.

Also see: Cash­free Pay­ments’ tokeni­sa­tion solu­tion to go live on Dec 27

Sathvik Vish­wanath, co-Founder & CEO, Uno­coin, said, “Cryp­to as an inno­v­a­tive means of exchange is here to stay. We have been con­stant­ly inno­vat­ing to come up with new fea­tures for engage­ment. With Unocoin’s newest deposit fea­ture, investors and traders can instant­ly and seam­less­ly deposit assets at any time, for buy­ing or sell­ing pur­pos­es even dur­ing a mar­ket dip.” 

A vir­tu­al bank account num­ber, unique to each user, ensures faster and seam­less deposits. Investors who have reg­is­tered at Uno­coin can add this unique account num­ber to their ben­e­fi­cia­ry from the reg­is­tered bank account. Every time they deposit mon­ey to the reg­is­tered ben­e­fi­cia­ry account, the mon­ey will sub­se­quent­ly be added to the person’s Uno­coin wal­let with­in an hour. Since the ben­e­fi­cia­ry account num­ber is unique to every user, there is no need to update a ref­er­ence num­ber anymore.