Cryptocurrency Blog

  Rising Scams in the Crypto Space: How To Avoid Them Date: 12-05-2022                                                                                               Blog  By: UnicoinDCX   Introduction Cryptocurrency is very popular for online peer-to-peer payment without the involvement of the central bank. This is a digital encrypted currency that doesn't have any physical appearance. The first cryptocurrency came in 2009, which was Bitcoin. As these transactions are carried out only online, it has chances of fraud also. For 10 years, it has been seen that there are so many scams taking place. Let's see what type of scam has been taken place, and how it can be avoided. Scams in Cryptocurrency 1. Fake Cryptocurrency Platform Many fake ...

 Date: 17th August 2021 UNICOIN DCX PARTNERS WITH ONFIDO FOR INSTANT AND SECURE KYC FOR ITS DIGITAL EXCHANGES In a digitized era where organizations are striving for excellence in providing above-par services to their customers, Unicoin DCX has entrusted itself with becoming an exchange in total compliance with the legal requirements. In this endeavor, Unicoin DCX has penned an agreement with Onfido for its Best-in-Class ID Document Review services. Incorporated in Singapore, Onfido uses AI-based technology assessment to determine whether a government issued-ID is genuine or fraudulent. The procedure moves on with facial recognition. Onfido has many reputed clients including Revolut, bunq and Bitstamp with Unicoin DCX now joining the list. The terms of the agreement provide Onfido with the authorization to check/process the client’s details along with collecting additional information from the client on behalf of Unicoin DCX . Onfido will also process the document to check/facia...