Unocoin is India’s largest bitcoin company.
The company is at the forefront of helping Indians buy, sell, store, use and accept bitcoins.
Unocoin owns a number of blockchain-related startups in India.
The Unocoin-wallet is a web-based bitcoin wallet for mobile and desktop users.
The wallet integrates with its sister company, Unocoin-exchange, to offer users a trading platform.
When you register for an account at Unocoin, your bank account is linked.
So, you could draw funds from your bank to purchase bitcoins, and conversely, you could receive payment into your bank after selling your bitcoins.
Most of the bitcoins in your unocoin-wallet are stored offline. First off, the keys are generated from a powerful computer that has never been connected to the internet (which means that possible interaction with malware is 0%).
Then the encrypted keys are sealed in envelopes and stored in multiple safe deposits across a range of locations.
The wallet uses Google Authenticator as the two-step factor authentication, and so, before you can login, you must enter the code from your phone.
Also, you can tweak the Google Authenticator to regulate your withdrawals.
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