Comparison of Unocoin vs Kuna [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Unocoin vs Kuna comparison!

Your expert: Alejandro Borja

Unocoin

Unocoin

  • Threenvest valuation: 3,9/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

kuna

Kuna

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

≈ 0,20%/0,70%

Earns

Yes

Customer service

3/5
0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold

Yes
No

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.9 – Reasonable fees with strong local support in India.
3.9 – Reasonable fees with strong local support in Eastern Europe.

Level

≈ 0,20%/0,70%
0,25%

Brief explanation

Unocoin’s commission structure is designed to facilitate easy entry into the cryptocurrency market, yet it’s important for users to be aware of the costs involved. The platform charges a fee for buying and selling cryptocurrencies, which can be considered slightly higher compared to other global exchanges. These fees are typically a percentage of the transaction value, and while they ensure the platform’s operational efficiency and security, they may impact users looking to execute frequent trades or those with smaller budgets. Understanding these fees is crucial for effective financial planning and maximizing potential returns from cryptocurrency investments.
Kuna has a straightforward and competitive fee structure. The exchange charges a flat trading fee of 0.25% for both makers and takers. This is in line with the industry average and provides a transparent fee model for users. Additionally, Kuna does not charge deposit fees, which makes it easier for users to add funds to their accounts without incurring extra costs. However, there are withdrawal fees that vary depending on the cryptocurrency. For instance, the withdrawal fee for Bitcoin is 0.0005 BTC, which is below the global industry average, making it relatively cost-effective for users withdrawing Bitcoin .

Unocoin

Unocoin
Read Unocoin review
  • Year Founded: Established in 2013, Unocoin has been operational for nearly a decade, showcasing its resilience and sustained relevance in the rapidly evolving cryptocurrency market.
  • Security Methods: Unocoin employs robust security measures including two-factor authentication (2FA), a cold storage system for cryptocurrency assets, and SSL encryption, ensuring a high level of security for its users' investments.
  • Reputation and Reviews: With a strong presence in the Indian market, Unocoin enjoys a positive reputation among its users and has been featured in numerous mainstream media outlets, highlighting its credibility and reliability.
  • Customer Service: Known for its dedicated support team, Unocoin provides timely customer service and support, which is crucial for new users navigating the complexities of cryptocurrency investments.
  • Volume Managed: Handling a significant volume of transactions daily, Unocoin demonstrates adequate liquidity, which is vital for users looking to execute trades efficiently without substantial price slippage.
  • Pros
  • User-friendly interface
  • Systematic Bitcoin investment plan
  • Tailored for Indian market
  • Cons
  • Higher transaction fees
  • Limited crypto variety

Read Unocoin review

Kuna

kuna
Read Unocoin review
  • Established Since 2016: Kuna has been in operation since 2016, which gives it a track record and stability that newer exchanges might lack. Over the years, it has built a reputation within the Ukrainian and Eastern European markets.
  • Positive User Feedback: Kuna has received positive testimonials from its user base, highlighting the efficiency of its customer support and the ease of use of its platform. This customer satisfaction is a strong indicator of the exchange's reliability​​.
  • Security Measures: Kuna employs several security protocols, including two-factor authentication and a significant portion of assets held in cold storage. This helps to protect user funds from potential breaches​​ .
  • Regulatory Compliance: While Kuna does not hold a financial license, it operates in compliance with local regulations in Ukraine. This adherence to regulatory standards enhances its credibility and trustworthiness in the market​​ .
  • User-Friendly Platform: The exchange is designed to be accessible for both beginners and experienced traders. Its interface is straightforward, and it supports various payment methods, including Visa and Mastercard for UAH transactions​​.
  • Pros
  • User-friendly interface.
  • Supports Ukrainian Hryvnia (UAH).
  • Decent security features.
  • Cons
  • Limited trading volume.
  • Lacks major fiat currency support.

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Product selection

Native token

No
No

Earns

Yes
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Unocoin Technologies Private Limited
KUNA BITT LLC

Regulation

Not regulated
Not regulated

Year founded

2013
2015

Founder

Sathvik Vishwanath, Harish B V, Abhinand Kaseti, Sunny Ray
Michael Chobanian

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Unocoin FEATURES Kuna
Unocoin offers a relatively low minimum trade amount, making it accessible for beginners to start trading without requiring a significant initial investment.
Minimum Trade
Allows trading with small amounts. User-friendly for beginners​​.
The platform’s fee structure is on the higher side, which might be a deterrent for those looking to maximize their returns on smaller trades.
Trading and Transaction Fees
Competitive fees at 0.25% for both makers and takers​​.
Unocoin supports only a limited selection of major cryptocurrencies, which may not satisfy users interested in a broader array of options.
Number of Cryptocurrencies
Supports over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin​​.
Offers some crypto-to-crypto trading pairs, but the options are not as extensive as those available on larger international platforms.
Crypto-to-Crypto Trading Pairs
Limited number of trading pairs compared to larger exchanges​​.
The website provides clear information regarding fees, policies, and security practices, aiding users in making informed decisions.
Website Transparency
Clear information on fees and trading terms, though limited educational resources​​.
Unocoin lacks an exchange card, limiting flexibility and benefits for users looking to utilize crypto for everyday transactions.
Credit/Debit Card
Kuna does not offer an exchange card for in-store purchases.
Offers secure storage solutions including cold storage, which provides a high level of security for users’ digital assets.
Storage Offering
70% of assets are stored in cold storage, enhancing security​​.
Limited staking options are available for certain cryptocurrencies, providing users with an opportunity to earn rewards on their holdings.
Staking and Rewards
Does not offer staking programs or other passive income options​​.
Both mobile and desktop platforms are user-friendly and well-designed, making trading accessible at home or on the go.
Mobile App and Desktop
Offers a functional and user-friendly mobile app for trading on the go​​.
Provides a decent level of customer service with support available through multiple channels, though response times can vary.
Customer Service
Multiple support channels available, but limited educational resources​​.
Supports a variety of deposit and withdrawal methods, but fees and processing times can be a drawback for some users.
Deposit and Withdraw
Supports deposits and withdrawals in Ukrainian Hryvnia (UAH) and limited other methods​​.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
High 4,6/5

Additional features

Staking, recurring buys, Unocoin Earn, bill payments
OTC trading, staking, fiat on/off ramps, Kuna Code

Anonymity

No
Yes

Key points

Available cryptocurrencies

10+
50+

User-friendliness

Unocoin provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.
Kuna provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides decent value for money with competitive fees and strong local support in India, making it a good choice for regional users.
Delivers reasonable value for money with competitive fees and a focus on Eastern European markets, making it a good choice for regional users.

Countries of operation

India
Ukraine, Russia, Belarus, Kazakhstan

Best for

Ideal for Indian investors seeking a reliable platform with competitive fees and strong local support.
Best for Eastern European investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

INR, BTC
UAH, BTC

Account

Trading

Unocoin is a popular exchange in India, offering easy fiat integration and a user-friendly platform. It supports a decent range of cryptocurrencies but has higher fees compared to some other exchanges.
Kuna is a popular exchange in Eastern Europe, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

Unocoin is popular in India, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.
Kuna provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Unocoin provides a straightforward and user-friendly account opening process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.
Kuna offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

Unocoin provides support through email and live chat. The response time is quick, and the support team is available 24/7, making it reliable for users in India.
Kuna offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Unocoin provides strong security with 2FA and encryption. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.
Kuna employs strong security features, including 2FA and cold storage. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As one of the analysts here, I recommend considering Unocoin if you’re starting out with cryptocurrencies, especially if you are based in India. The platform is user-friendly, making it less daunting for beginners to navigate the crypto space. Additionally, Unocoin’s unique offering of a Systematic Investment Plan for Bitcoin sets it apart, providing a structured way to invest in Bitcoin. However, keep in mind the higher transaction fees and the limited selection of cryptocurrencies, which might be limiting if you’re looking to explore a wide range of crypto assets.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert in cryptocurrency exchanges, I find Kuna to be a solid option, especially for users based in Ukraine. The platform is user-friendly and offers competitive fees, making it accessible for both beginners and experienced traders. However, the limited support for major fiat currencies and low trading volume might be a drawback for international users. Overall, if you are looking for a reliable exchange that supports Ukrainian Hryvnia and offers a secure trading environment, Kuna is worth considering.

View all comparisons against Unocoin

View all comparisons against Kuna

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Unocoin and Kuna