Coinswitch Kuber Review 2021: Best Crypto Exchange in India?

Coinswitch Kuber Review 2021: Best Crypto Exchange in India?

In this Coinswitch Kuber review, we'll be browsing all the steps involved while trading digital assets. Moreover, we'll also glance at the platform’s fees, security, and, most significantly , pros and cons. Campare to others this platform is trustable and keeps your money safe. However, it's always advised to travel through the platform’s work and attain knowledge before investing your hard-earned money.




    What is Coinswitch Kuber?

    Coinswitch Kuber is an Indian cryptocurrency exchange. The platform founded by Vimal Sagar,Ashsih Singhal, Govind Soni in 2017. As of June 2021, the platform caters to quite 5 million users.

    Coinswitch is one among the foremost secure and user-friendly platforms with 100+ cryptocurrencies that are available for users. this platform connects to multiple exchanges to seek out the simplest exchange rates for the users.

    If you’re new crypto trading, undergo our ultimate guide to take a position in cryptocurrency to raised understand crypto trading in India.


    Coinswitch App

    The trading exchange is entirely centered on mobile users and is aiming at making trading a foreign process. You can use Coinswitch app to its traders because there's no desktop version of the platform.


    How to trade on Coinswitch Kuber?

    To start trading on Coinswitch Kuber, you initially need to register yourself, complete your KYC, deposit either money or cryptocurrency, then you'll proceed towards trading.


    Registration at Coinswitch Kuber

    The CoinSwitch Kuber app is out there for both Android and iOS users. For registertion, first, download the Coinswitch application. Furthermore, CoinSwitch only asks for your telephone number to register on their application. After entering your number, please await the OTP, verify it, and set a pin for your application.


    How to Complete your KYC?

    To deposit any amount or to shop for or sell crypto assets, users need to complete their KYC. Furthermore, the KYC process is comparatively straightforward, and with the right documents, it only takes 10-15 minutes for completion and verification. Moreover, you'll need the subsequent documents to finish the process:

    • PAN Card

    • U only need Aadhar Card, Passport, and Voter ID (Anyone).

    The Coinswitch Kuber KYC process is split into primary verification, Pan Card Verification, and card Verification.

    To enter into the verification process, open the app, attend settings, click on “User Verification,” then click on “Basic Verification.”


    Basic Verification

    At this level, you've got to fill within the basic details about yourself, including full name, Date of Birth, and your email-id. Then, you'll receive an OTP on your email-id, copy and paste it. Once this is often done, you'll complete your first level.


    Pan Card Verification

    Click on the “Pan Card Verification” to start out your next level. Allow the appliance access to your camera, and click on the photo of your Pan Card. Then, click on submit. After 4-5 minutes, it'll get verified.


    Identity Card Verification

    To complete this a part of KYC, you want to submit either your Aadhar Card image, Passport image, or Voter Id:

    1. Select the one that you've got documents.

    2. Click the image and submit it.

    3. await a couple of minutes, and it'll be verified.


    How to Deposit INR at Coinswitch Kuber?


    Coinswitch Kuber Review: Limit for transfers

    Coinswitch Kuber doesn't limit its users with any max or min transactions. However, the quantity shouldn't be meager, and therefore the user should confine mind that the quantity covers the whole network fees.


    Steps to deposit funds at coinswitch Kuber

    Follow this steps to deposit INR to your Coinswitch Kuber account:

    • Open the app, and click on on “Deposit INR.”

    • Choose amount you would like to deposit. Please note that the minimum amount that you simply can deposit is Rs. 100.

    • Click on “Deposit.”

    • Users can deposit their funds through UPI or Direct deposit (via NEFT, IMPS, or RTGS).

    • If you would like to deposit through UPI, click on the “UPI” option.

    • Select the UPI app, which you favor . After this, you'll be redirected to the UPI application, where you would like to fill within the funds.

    • However, you would like to send the funds to the account whose details are going to be provided if you decide on Direct deposit .


    How to Buy Cryptocurrencies using Coinswitch?


    Coinswitch Kuber Review: Limit Orders

    Coinswitch Kuber limit orders allow you to place a limit order on your trade. to put a Limit order, users can fill within the price and quantity they like to shop for or sell the crypto. Therefore, the platform will execute the trade if the market value reaches your limit price.


    Steps to shop for crypto at Coinswitch Kuber

    • Click on the “market” section from rock bottom navigation menu within the Coinswitch Kuber mobile app.

    • You will find all the available cryptocurrencies there.

    • Search the name of your preferred cryptocurrency and click on thereon .

    • You will see the “Buy” button on rock bottom left side. Click thereon .

    • Enter the quantity you would like to shop for , and click on on “Preview Buy.”

    • Check the quantity of coin you'll receive and eventually click on “Buy.”

    • The assets are going to be purchased, and that they are going to be available in your portfolio.


    Coinswitch Fees

    Coinswitch Kuber neither features a deposit fee or a withdrawal fee. The platform also claims that there are not any Coinswitch charges for the primary 100 days. However, once this era ends, the platform charges a trading fee of 0% to 0.5% supported the exchange you decide on .


    Supported Cryptocurrencies

    Coinswitch Kuber offers its users cryptocurrencies quite 500 which they will buy or sell. a number of these cryptocurrencies are:-

    1. Dash

    2. NEO

    3. Ripple

    4. Bitcoin

    5. Verge


    Coinswitch Kuber Review: Referral System

    The Coinswitch Kuber Referral program is one among the few features that users prefer. Under this program, users get an opportunity to earn BTC worth 50 INR on every successful referral. Every registered user is eligible to win this reward. However, do keep the subsequent points in mind to receive the compensation:

    • The referee should download the appliance using the referral link and complete their KYC.

    • KYC is mandatory for the referee in order that you'll win the reward.

    • Also, make sure that the referee must download it before the links expire.


    Reward System at Coinswitch Kuber

    The reward system of Coinswitch Kuber is coupon-based. To earn them, users need to complete a couple of milestones. as an example , Coinswitch gives reward coupons when a user verifies their account. you'll access the reward coupons from the Gift section, which is present as a floating button.


    Coinswitch Kuber Review: Customer Support

    The Coinswitch Kuber customer support has brief and dedicated FAQ sections for users to clarify their doubts. Furthermore, they even support Tickets for the users who still have any queries. you'll also prefer their live chat option, which is out there between 7:00 Am – 10:00 Pm. an alternative choice to urge in-tuned with the support team is to email support@coinswitch.co. Typically; they reply within 12 hours.


    Coinswitch Kuber Review: Security

    Coinswitch Kuber is one among the foremost stable and reputed crypto exchanges, which is well-funded to stay the users’ assets secure. they create users complete their KYC to take care of transparency. Moreover, Coinswitch services are ISO 27001 compliant and SOC2 Type II certified. Also, they claim that they take the safety of users very seriously and thus maintain the app accordingly.


    Why is Coinswitch Kuber the simplest trading platform in India?

    CoinSwitch Kuber are often called the simplest bitcoin exchange because it maintains over 1 million accounts with keeping the integrity of each user in mind and offering them the simplest features. Instant money transfers have built trust among the users as money is that the priority for everybody .


    Coinswitch Kuber Review: Pros and Cons

    Pros:

    • Coinswitch Kuber provides a beginner-friendly and intuitive interface.

    • It offers instant INR deposits and withdrawals.

    • No deposit and withdrawal fee.

    • KYC is quick and short.

    • No Transaction limits (except for those that individual exchanges impose).

    • Supports UPI, NEFT, and IMPS bank deposits.

    • Good network .

    • It possesses a satisfactory rating on Playstore.

    Cons:

    • Does not support credit and debit cards.

    • Fiat deposits not allowed (Only INR)

    • Only for Indian residents.

    • You can’t use this app-based platform without getting through with your KYC.

    • It isn't suitable for day trading because the platforms lacks tools.


    Coinswitch Kuber Review: Final Words

    Coinswitch Kuber is an emerging name among the Indian people. it's a secured platform and is that the best crypto app in India. It offers quite 100+ cryptocurrencies. At an equivalent time, users can start trading with only INR 100. The way it keeps adding new cryptocurrencies to its list and enhancing its security will still become one among the foremost reliable platforms.

    The platform also comes with few setbacks love it isn't operational without KYC. Furthermore, you can’t manage transfers between cryptos. The platform doesn't even charge one penny from its users as trading fees. My only suggestion to you is to utilize a hardware wallet to store your great deal of crypto assets.


    Frequently Asked Questions

    How to buy bitcoins on Coinswitch?

    Firstly, you would like to go to the official Coinswitch Kuber website. Then select “INR” and” BTC” from the dropdowns. you'll view all the offers from the “View all offers” section. Second, select the specified option. Third, fill within the BTC wallet details. Lastly, make the payment in INR.

    Is Coinswitch safe?

    Yes, Coinswitch Kuber is both legit and safe. Till now, it's never been hacked. Moreover, it's a non-custodial exchange, and thus doesn't custody user funds. The platform takes users’ data and assets seriously and thus always tries to adopt the newest security practices.

    What is the Coinswitch Kuber customer care number?

    According to Coinswitch, they are doing not offer any customer care number. the sole way for users to contact them is thru tickets and live chat.

    Where is CoinSwitch located?

    The company was founded in 2017 and is found in Bangalore, Karnataka. Coinswitch Kuber is one among the simplest apps to shop for bitcoin in India.

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