Send / Withdraw bitcoin from your Unocoin wallet
The bitcoin you may have stored in your Unocoin wallet can be sent to yourself (another bitcoin wallet address), or to a friend's bitcoin wallet address or even to an email address that is registered on Unocoin. You may also send bitcoin as a gift to an email id of your loved ones (in India) who may not have a Unocoin wallet (this email would also include an introduction to bitcoin and the process to claim the bitcoin sent to them). When sending bitcoin from "Send/Receive Bitcoin" webpage, you will notice there is an option to either type in a bitcoin address or an email id of the recipient, or a bitcoin address from your own address book. Next, enter the BTC amount you wish to send. You can also add a note for your recipients reference. Finally, hit the 'Send Money' button. Depending upon the amount of bitcoin you are trying to send, the server may mark the transaction as pending for admin approval or until we feed extra bitcoin to fulfil the transactions from our offline wallets.
If you send bitcoin as a gift to an email id that is not registered on Unocoin, you will then receive a message when the recipient registers on Unocoin and claims the bitcoin/gift. If the recipient fails to claim those bitcoin/gift in 7 days, you will get a new message which will allow you to reclaim those bitcoin.