The worldwide cryptocurrency sector has exploded in recent years. Choosing the finest trading platform has become increasingly difficult as more people enter the cryptocurrency market. Cryptocurrency exchanges abound on the market, each offering a unique service in the hopes of attracting new customers.

Even so, companies like CoinSwitch Kuber stand out. Since its inception in 2017, the Indian cryptocurrency exchange has grown to 7.5 million members. It offers more than 100 cryptos in a safe and user-friendly environment. Although India has yet to experience a crypto explosion, it does have a sizable client base. One of the objectives of the platform's debut is to increase public knowledge about cryptocurrencies.

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The exchange's quick registration process and support for payment methods like UPI and fiat currency compatibility are two major factors. In addition, the software takes a novel approach to assisting users in locating the finest trading chances. CoinSwitch Kuber, unlike other platforms, connects customers to numerous exchanges to provide the best trade.

Traders should read a CoinSwitch Kuber review before using the exchange, despite the fact that it has various benefits. Before trading on CoinSwitch Kuber, every user should read the following information.

What Is CoinSwitch Kuber?
CoinSwitch Kuber is a well-known Indian cryptocurrency exchange. It began in 2017 and today has more than 7.5 million merchants. The site supports more than 100 cryptocurrencies, including Bitcoin, Matic, Ethereum, Dogecoin, and others. The exchange is connected to a number of different cryptocurrency wallets and exchanges.

Its straightforward registration and KYC process make it easy for newcomers to get started. Users can receive the best trading rates and exchanges once they have completed the KYC/AML verification. Many traders consider it the best trading platform because it has no deposit and withdrawal fees.

How Did CoinSwitch Kuber Begin?
CoinSwitch was launched in 2017 by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni. Before beginning the swap, the trio had been together for 13 years. The RBI relaxed the ban on cryptocurrencies and other digital assets, allowing CoinSwitch to enter the market.

CoinSwitch chose to create an Indian-only crypto trading platform that supports INR three years later (Indian Rupee). As a result, in June 2020, it entered the Indian crypto market. The platform now handles approximately $300 million in trades per month.

How Does CoinSwitch Work?
In most ways, CoinSwitch Kuber works like a conventional crypto exchange. Traders can exchange digital currencies on the site. It lets customers to deposit in INR (Indian fiat money) with a minimum deposit of Rs. 100.
Its one-of-a-kind strategy, on the other hand, sets it different from the competitors. The platform does not create its own liquidity; rather, it links traders to several exchanges. It enables them to locate the most advantageous exchange rates and chances.

Features of CoinSwitch Kuber
Users read CoinSwitch Kuber reviews primarily to learn about the product's features. As a result, here's a quick rundown of the exchange's features:-
  • Cryptocurrency Trading in Real-Time : Customers may buy, sell, and exchange over 100 cryptocurrencies in a single touch using the platform.
  • Initial Deposit Minimal : The site requires a $100 deposit to begin. As a result, it enables newcomers to have a better understanding of the bitcoin market without having to risk a large sum of money.
  • There isn't any middlemen involved : The 0% brokerage policy is followed by CoinSwitch Kuber. As a result, clients can buy and sell their preferred cryptocurrency without incurring any additional costs.
  • The Most Competitive Prices : It connects customers to different platforms to ensure that they receive the best rates possible.
  • Simple AML and KYC : CoinSwitch The KYC and AML verification process in Kuber is kept simple and rapid. As a result, consumers can quickly gain access to premium trading capabilities. The exchange is secure as a result of this verification process.
  • Compatibility with Multiple Payment Methods : Because the platform is tailored to a certain location, it accepts a variety of payment options. To invest money, users have the option of using UI, IMPS bank transfers, or NEFT.
  • Exceptional Customer Service : Customers can use the CoinSwitch Kuber website's live chat feature to get answers to their questions right away. Furthermore, its user-friendly support ticket system quickly addresses consumer issues.
  • Program of Referrals : After successfully introducing a new customer, users can win 50 Rupees worth of Bitcoin. Customers must complete the KYC verification process in order to participate in the referral programme.
  • System of Reward : After reaching certain milestones, a coupon-based incentive system is unlocked. For example, there is a reward coupon for completing the account verification process.
How to Get Started with CoinSwitch?
CoinSwitch Kuber is one of the few companies that puts a premium on mobile app trading. Users may trade their favourite cryptos via the platform's Android and iOS apps. Customers must first download the app and create an account in order to get started. Here's how users can get started:-
Account Creation
  1. Visit the official CoinSwitch Kuber website or go to the Google Play Store.
  2. To receive the download link, go to the website and input a valid phone number.
  3. Search for the app and install it from the Play Store.
  4. Allow for the installation of the app.
  5. Open it up and add a phone number to it.
  6. Input the one-time password (OTP) that was sent to your phone number.
  7. Make a four-digit PIN that is simple to remember.
  8. To double-check your PIN, enter it again.
  9. The procedure has been completed, and a user account has been established.
Account Login
The exchange has a straightforward login method. Customers only need to enter their email address or phone number into the app. After inputting the PIN or receiving an OTP, users can begin trading. Before depositing funds, traders must, however, complete the KYC check.
CoinSwitch Fees
To keep users informed, every CoinSwitch Kuber platform review must mention the platform's fee structure. Crypto exchanges often char
ge three sorts of fees:-
  • Fee for making a deposit
  • Fee for Withdrawal
  • Fees for trading
By not charging any deposit or withdrawal fees, it utterly defies the mainstream. Furthermore, there are no trading costs for the first 100 days. However, after the trial time, customers must pay CoinSwitch fees ranging from 0% to 0.50%.
FAQ
Is CoinSwitch Kuber trustworthy?
CoinSwitch Kuber is, without a doubt, a reliable cryptocurrency exchange. It's been around since 2017 and provides a platform specifically for Indian traders. It also includes a "know-your-customer" verification requirement for maximum security.
Is CoinSwitch good company?
Awful platform. When the volatility is high, they will disable purchasing and selling, and you will not be able to buy or sell your coins. The difference between buy and sell orders is enormous. Customer service stinks; instead of attempting to resolve the problem, they merely give typical responses.
Can I withdraw money from CoinSwitch Kuber?
You can withdraw money from your CoinSwitch app's bank account that is currently saved and linked. Good luck with your trading!
How does CoinSwitch make money?
CoinSwitch Kuber is on a quest to make money more accessible to everyone. We're making crypto-asset investing as simple as ordering meals online, while putting investor (crypto user) safety first. Despite the fact that cryptocurrency investing is still uncontrolled, we want to be prepared for the future.
Which is better CoinSwitch Kuber or CoinDCX?
CoinSwitch offers a very clean UI and UX, however CoinDCX has a little superior UI. CoinSwitch is a good choice for beginners who aren't too familiar with cryptocurrency.