CoinSwitch Kuber is an app-based Indian cryptocurrency exchanging forum. CoinSwitch Kuber is the specific platform for India. The forum has more than 5 million users as of June 2021. You can trade 100+ cryptocurrencies, including BTC, ETH, LTC, Dash, Ripple, etc. Furthermore, unlike other traditional trades, Coinswitch does not create its own liquidity. On the other hand, this platform hooks up to various exchanges to pick the ideal exchange rates for its users.
Trading on CoinSwitch
This platform is a user-friendly and safe application for beginners. With only 100INR, users can start investing. To begin trading, register yourself, complete the KYC process, and then start trading. The deposit method for this platform can be done via NEFT/IMPS/RTGS or UPI.
You can use CoinSwitch Kuber limit orders to place a stop-loss order on your exchange. Users have to insert the price and quantity they want to buy or sell the cryptocurrency when placing a Limit order. As a result, if the current value attains your limit price, the forum will invoke the trade.
Unlike the other platform, CoinSwitch lets its users buy crypto via debit card, and the monthly transaction limit is 50,000$. CoinSwitch Kuber Referral plan is among the qualities that users want to choose. Under this referral system, users can make BTC worth 50 INR. This reward is available to all registered users.
CoinSwitch Mobile App:
With the intent of making trading a remote process, the trading platform is completely focused on mobile users. On Android and iOS, the Kuber app is available. Download this app from CoinSwitch Kuber app-Playstore or CoinSwitch Kuber app-App store.
Is Coinswitch safe to trade?
CoinSwitch Kuber is one of the most reliable and well-known cryptocurrency exchanges, with enough capital to keep users’ funds safe. CoinSwitch is a non-custodial trade, which makes it extremely safe. Unlike other trading platforms like Binance and Coinbase Pro, CoinSwitch does not store user funds. Without the Wallet address, this forum doesn’t store cryptocurrency. And nothing left for a hacker to hack as a result.
CoinSwitch Fees:
CoinSwitch Kuber is free from deposit or withdrawal fees. For the first 100 days, the platform says there will be no Coinswitch fees. However, after this time period has expired, the platform will charge you a trading fee ranging from 0% to 0.50%, depending on the exchange you choose.
Pros
- Instant deposits and withdrawals
- Quick and short KYC
- No transaction limit
Cons
- Debit and credit cards are not supported
As a writer, Johnny is an advocate of blockchain technology and cryptocurrency in general. He writes about all things from cryptography to economics, with a focus on how it applies to cryptocurrencies. He is also passionate about writing about topics such as decentralization, open-sourced software development, and copyright law.