Crypto exchange and cryptocurrency wallet Unocoin has given a special gift to its users in India. Users of Unocoin will now be able to buy consumer items like pizza, coffee, ice cream with the help of bitcoin. With the help of this wallet, users will be able to use digital coins instead of cash for any product.
Unocoin CEO and Co-Founder Satwik Vishwanath said, “Many bitcoin users around the world are accepting and trading cryptocurrencies as a ‘barter asset’. This has not happened in India so far. Therefore, the company has decided that Indian subscribers should also be educated in this regard.
Unocoin says that the purchase process with bitcoin will be completed through vouchers. With bitcoin, users will first buy vouchers and then they will be able to buy goods from those vouchers. Unocoin has set a bitcoin range of Rs 100 to Rs 5,000 for buying vouchers.
Unocoin users will be able to use gift-vouchers for 90 brands such as Domino’s Pizza, Cafe Coffee Day, Baskin Robbins, Himalaya, Prestige etc. The offer to buy consumer items using cryptocurrencies will be valid only for KYC verified customers.
How to get gift vouchers: After logging into the Unocoin app, the user has to go to the BTC page and click on the ‘Shop’ button in the ‘More’ section. Here you will find information about the brands for which vouchers can be purchased.
After selecting the brand from which to buy, vouchers will be displayed on the Unocoin app in denomination of Rs. On purchasing the voucher, its amount will be deducted from the user’s crypto wallet in the form of bitcoin.
After this, a voucher code will be sent to the user, which can be used to buy consumer items. These e-vouchers can also be gifted. Unocoin started business as a crypto wallet and now it also has a crypto exchange.