Indian bitcoin company raises $1.5 million from U.S., Indian investors

  • Indian bitcoin company raises $1.5 million from U.S., Indian investors
  • The company, which runs a trading platform to buy, sell, and store bitcoins for Indian customers, said the money raised was the largest for an Indian bitcoin startup.
  • “So if you want to buy bitcoin from an international exchange, you will have to do a wire transfer from India to these international exchanges and get your bitcoin and oftentimes it takes three to five days.”
  • Bitcoin, a digital currency, was trading at $604.50 on the Bitstamp platform.
  • San Francisco-based Coinbase is the largest U.S. bitcoin company and runs an exchange and a wallet service, among other businesses.

Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday. The company, which runs a trading platform to buy, sell, and store bitcoins for Indian customers, said the money raised was the largest for an Indian
Continue reading “Indian bitcoin company raises $1.5 million from U.S., Indian investors”

Indian bitcoin company raises $1.5 million from U.S., Indian investors

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Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday. The company, which runs a trading platform to buy, sell, and store bitcoins for Indian customers, said the money raised was the largest for an Indian
Continue reading “Indian bitcoin company raises $1.5 million from U.S., Indian investors”