Founded in Bangalore, India CoinSwitch is a cryptocurrency exchange aggregator platform built to help users trade cryptocurrencies with ease and at the best rates. The user interface simplifies the cryptocurrency trading and allows users to trade over 400+ cryptocurrencies, along with an ability to buy cryptocurrency with a credit card or debit card at the best price.
The other day I was needing a quick transaction completed and needed to buy some Ethereum quickly. CoinSwitch is great because unlike Coinbase they also allow the use of credit cards on their site. I would warn you though to not use credit cards from Chase or Citi Group as these banks will not allow you to purchase cryptocurrency with their credit cards. I learned this the hard way.
As I was saying the transaction went smoothly and the process only took about 20 minutes after I had uploaded my ID for approval and took a webcam shot of my face. I dont like waiting for a long time for my transaction to process and it is a very frustrating process for a lot of people. After transaction was approved the Ethereum I had bought went straight to my Exodus wallet. Very nice indeed!
CoinSwitch simplifies cryptocurrency trading for end users and businesses by providing the most advanced crypto trading platform. Users can choose from 400+ coins and over 100k+ cryptocurrency exchange pairs. CoingSwitch provides 24/7 live chat with a response time of 5 minutes. With the experience of executing over 1 million crypto coin exchanges they offer the best and a reliable service to our partners and users to convert crypto coins.
The biggest benefit that I see with CoinSwitch is that they allow you to exchange your cryptocurrency without actually having to use an exhange like Coinbase or Binance. It really is a quick and simple way to exchange your cryptocurrency or buy more quickly with your debit or credit card.
As you can see in the image below Coinswitch allows the user to search for the best rates of exchange across many different exhange platforms. A lot of times they will end up having the best rate and the process will be much faster if you just go straight through them.
There’s More……Kuber App
As if there wasn’t enough good things about CoinSwitch already there is more to the story:
Cryptocurrency exchange aggregator CoinSwitch will launch its CoinSwitch Kuber app on June 1 — exclusive to users in India.
The mobile app will support over 100 coins, while also adding liquidity across all Indian exchanges to allow users to buy and sell using the Indian rupee.
Users need to be verified with Know Your Customers and Anti-Money Laundering procedures before depositing rupees into their accounts.
India had a fairly rocky relationship with crypto trading until March, when the Supreme Court overturned a ban imposed by the Reserve Bank of India.Source: cointelegraph.com
Coin Switch’s Kuber app is already having a very big impact in India. All the big name cryptocurrencies are available on the Kuber app – Bitcoin, Ethereum, XRP, Bitcoin Cash, Dash, Tether, and Chainlink. Thirty-eight different cryptocurrencies were available at the June 1st, 2020 Kuber app launch date, and they eventually plan for more than 100 different cryptocurrencies to be available eventually.
Here is where Coinswitch Kuber can shine like a bright star. At the end of the day the goal of the user is to be able to buy/sell cryptocurrencies easily and quickly. Coinswitch has a simple and intuitive interface that allows you to buy/sell any crypto-asset in four steps.
- Select the crypto asset to trade
- Hit Buy or sell button
- Enter the Amount (INR in case of Buying, Crypto in case of selling)
- Review the final price and hit “Buy Now” or “Sell Now”
Being a high liquidity closed order-book exchange, users receive one single price for the entire order whether it is small or large. The advantage of such exchanges is the ability to buy cryptocurrencies quickly as one does not need to input other order requirements like precise quantity or limit price, etc.
Ultimately end users want to be able to buy/sell crypto as soon as they hit the buy/sell button. CoinSwitch has brought this functionality to them because they know this is the future of crytotrading and buying/selling with cryptocurrencies.
My experiences with CoinSwitch have all been top notch and they are a great platform for buying multiple cryptocurrency exchanges on the fly. They have great response and processing times and offer many exchanges on currencies you cant find in other places. If you would like to give them a try then please click on the link below to be taken to their website. Until next time….