Welcome to ELI (Entrepreneurial Learning Initiative), the podcast that brings you your daily dose of entrepreneurial inspiration! 🚀 In this episode, we are joined by Dr. Sathvik Vishwanath, Co-founder and CEO of Unocoin, India’s leading Bitcoin and crypto trading platform. Sathvik shares his entrepreneurial journey, the challenges of building Unocoin, insights into India’s evolving crypto landscape, and key features that make Unocoin stand out.
From starting Unocoin to navigating regulatory uncertainties and providing innovative tools for crypto investors, this episode is a must-watch for crypto enthusiasts, budding entrepreneurs, and anyone curious about the future of digital assets in India.
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Chapters:
00:00 - Introduction
00:03 - Welcome Dr. Sathvik Vishwanath (Co-founder & CEO of Unocoin)
00:40 - Sathvik’s background and the entrepreneurial journey
01:55 - The Bitcoin “rabbit hole” and finding a business opportunity
02:59 - The birth of Unocoin and its early days
04:11 - What is Unocoin? A simple explanation for beginners
05:25 - Key features of Unocoin: SIP, mobile recharges, and more
07:07 - How Unocoin caters to beginners and seasoned traders
09:12 - Unocoin’s role in enabling crypto payments and merchant benefits
11:27 - Rise of altcoins and Unocoin’s expansion
12:31 - Innovative tools: Bitcoin loans and fixed deposits with USDT
13:16 - Target audience: Who uses Unocoin?
15:06 - Demographics: Gender, age, and language preferences
16:56 - Navigating India’s crypto regulatory climate
20:50 - TDS and taxation on crypto earnings
22:26 - Global trends vs India’s regulatory stance
23:41 - Recent exchange hacks: Impact on market and trust
26:46 - Unocoin’s measures to ensure platform security
29:36 - Is there insurance for crypto exchanges? Challenges and solutions
31:13 - Entrepreneurship: Lessons learned from building Unocoin
34:44 - The entrepreneur’s mindset and risk-taking advice
37:09 - Why entrepreneurship changes your life forever
38:44 - Closing thoughts: Words of wisdom from Sathvik Vishwanath
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