Skip to main content

Unocoin announces Maker Bonus offer; will incentivize all limit orders in BITCOINS

Unocoin, India’s leading Crypto-assets and Blockchain Company rolled out its latest “Maker Bonus” offer. As part of the offer, Makers on the platform, bringing liquidity to the order book, will be rewarded with 0.3% of the trade value – in BITCOIN! Hence, not only will the Makers benefit from no transaction fees at the exchange, they will also get additional bitcoins, with the profits swelling over the time, with the continuous reign and popularity of Bitcoin.

With the latest offer, Unocoin aims to incentivize posting orders, hence facilitating trading in crypto-assets. Besides, this is for the first time that an exchange has turned the tables in the favour of Makers, rewarding them with potentially long-term benefits.

Commenting on the latest roll-out, Abhinand K.N, Co-founder and CMO, Unocoin said, “We are excited to announce the latest offer, meant at incentivizing the makers on the platform. With the roll-out, we intend to celebrate Indians investing in crypto-assets, providing benefits to the Makers, bringing liquidity on our exchange. Furthermore, these are not cash-based incentives, and instead will reflect as additional Bitcoins in their wallet. Owing to the same, the Makers on the platform will be able to potentially reap long-term benefits. We look forward to an affirmative response from Indian users that are increasingly warming up to building their digital assets.”

The bonus offer is applicable only for the limit orders, as against the market order. Makers on the platform, including both buyers and sellers will receive bitcoin rebates. A seller placing an offer above the current bestbuyer or a buyer placing a bid below the current bestseller would be eligible for the offer, receiving additional bitcoins directly in their Unocoin wallet.

Comments

Popular posts from this blog

Cloud Computing powering India’s priority of ‘Digital-first country’

By: Sunil Mahale, India MD and VP, Nutanix
Digital transformation has been recognized as being vital to the growth of our nation. This transformation has enjoyed the unanimous approval and contribution from all stake holders including enterprises, MSMEs, government bodies and citizens. But this level of adoption in a country with a population of over a billion people would need a robust technology base that is capable to collecting and distributing vital data seamlessly.
Digital India envisions creating high speed digital highways, that will impact commerce and create a digital footprint for every individual. Technologies based on mobility, analytics, Internet of things and most importantly, cloud technologies are the building blocks for the digital India missionThere is a growing need to manage huge volumes of data, and making them readily available to public through digital cloud services. Cloud has a pivotal role in enabling this change.
While Data centers have become crucial to th…

RevStart launches its RevItUp Incubation Programme

Underlining its vision of creating a nurturing ecosystem for start-ups to grow in, RevStart, a co-working and incubation centre, has announced the launch of its RevItUp Incubation Programme. The 12-week long programme will be held at RevStart Incubation Centre in Noida from July 1, 2018 onwards. As part of the programme, RevStart will select five high potential start-ups from the ed-tech sector, AI, Consumer Internet, Sustainability, as well as for-profit social impact companies to assist them with developing their business, along with connecting them to global mentors across industries and sectors. In addition, start-ups selected for the programme will receive INR 5 lakh to Rs. 25 lakhs worth of cash and benefits, while RevStart will get an equity stake in the ventures.
The RevItUp Incubation Programme has been created to enhance the founding team’s industry, product, and company building knowledge and capabilities through a world-class curriculum. The programme will focus on tailor…

The Workplace of the Future

By: Arnab Ghosh – Director, Synergy Property Development Services)
Workplaces are undergoing a major transformation today to stay relevant. Conventional space planning and design approach for office space are slowly but steadily changing across the globe. What was a trickle a decade back is snowballing into a movement as we speak? The nature of the work we do and the time we spend in our workplace is driving this change. 
The Social Workplace The original office in the west was originally based on the factory floor design. The Workers occupied the maximum space followed by Managers and the Senior Executives in their glass cabins. The term “productivity” also has industrial roots. There were well-defined tasks and targets for the employees to achieve in their working time. All these have changed drastically over the last few decades and going to change further in the future. The culture of organizations has to adapt to this change to stay ahead and retain talent. Productivity is no long…