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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