The Unocoin exchange now offers 1 Inch, Shiba Inu, Dogecoin, and Nexo. With their additional token inclusion, the crypto trading platform is aiming at targeting the growing number of Indian Crypto Investors and Traders existing in the ecosystem of more than 1.48 Million registered customers.
Bitcoin and Cryptocurrencies as the most trending kind of assets are gaining great interest not just from individuals but investor and banking communities also. Through this development, we want to incentivize our customers and provide a seamless platform for fulfilling all their new year investment resolutions.
Sathvik Vishwanath Co-Founder & CEO, Unocoin
Nexo, a Crypto Lending Platform
Nexo is a Blockchain-based lending platform that provides users with instant loans using crypto assets as collateral. Loans can be taken all at once or in small amounts as needed. Nexo is gradually evolving into a platform that provides professional financial services in the world of digital assets, acting as a bridge between crypto and finance. The Nexo token is a native token of the Nexo platform, which confers many benefits to token holders.
Dogecoin, Meme Scrypt
Dogecoin is an Altcoin working on the Scrypt method, Litecoin’s (another Altcoin) proof of work hashing algorithm. At the time of creation, it had a cap of 100 billion Dogecoins. Later, this limit was removed, and Dogecoin can now be mined and supplied in unlimited quantities.
Shiba Inu, the DOGE Killer
Heavily driven by community, the Shiba Inu token has gained over 14,000,000% in just 15 months which even other utility-based cryptocurrencies like Bitcoin, Ethereum have not managed to achieve.The Unocoin exchange now offers USD/SHIB trading pairs. There are currently more than 589 Trillion Shiba Tokens in circulation with a market capitalization of $21 million (29 Nov 2021).
1inch DEX Aggregator
The 1inch token is a product of a network whose first protocol is a decentralized exchange aggregator solution that has an advanced algorithm to search over 33 liquidity protocols. The 1inch Aggregation Protocol incorporates a pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum and various other networks to search for deals across multiple liquidity sources, offering users better rates than any individual exchange. In just over two years of operation, they’ve crossed $80 billion (INR 59,46,92,00,00,000.00) in overall trading volume just on the Ethereum network alone.
Originally published here
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
