A major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban imposed by the country’s central bank.
The first ATM will be operational in Bangalore tomorrow…In the first phase we plan to deploy 30 machines…The first one is in Bangalore followed by Mumbai and New Delhi in the upcoming week.
Really a great and a very bold step by UNOCOIN at a time when the entire country is confused due to the regulatory measures. Hopefully it will boost up the enthusiasm within the crypto believers of India. Lets join our hands for a massive success of this project. I am hopeful to see lot more ATMs through out the country and the same followed by other exchanges . It may be a revolutionary step towards the survival and also huge growth of cryptos here.
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