Startup CoinSwitch Kuber
INTRODUCTION
Founded |
1 June 2020 |
Headquarters |
Bangalore, India |
Key people |
Ashish Singhal, Vimal Sagar Tiwari, Govind Kumar Soni, Sharan Nair |
Products |
Cryptocurrency Exchange |
Number of employees |
135 |
CoinSwitch
Kuber is an app-based cryptocurrency exchange platform exclusive
to the Indian market for retail investors..
F0unded
– 1 june 2020
Coinswitch Kuber has a
vast user base of over 4 million Indians and supports more than 100
cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Dash and
others using Indian Rupees (INR).
The
platform does not even charge for buying and selling cryptos.
It
is a Beginner-friendly and secures application.
Registration at Coinswitch Kuber
The
CoinSwitch Kuber app is available for
both Android and iOS users. To register yourself, first,
download the Coinswitch application. Furthermore, CoinSwitch only asks for your
phone number to register on their application. After entering your number, please
wait for the OTP, verify it, and set a pin for your application.
Steps to deposit funds at coinswitch
Kuber
Open
the app, and click on “Deposit INR.”
Enter
the amount you want to deposit. Please note that the minimum amount that you
can deposit is Rs. 100.
Click
on “Deposit.”
Users
can deposit their funds through UPI or Direct bank deposit (via NEFT, IMPS, or
RTGS).
If
you want to deposit through UPI, click on the “UPI” option.
Select
the UPI app, which you prefer. After this, you will be redirected to the UPI
application, where you need to fill in the funds.
However,
you need to send the funds to the account whose details will be provided if you
select direct bank deposit.
Coinswitch
Kuber review: Deposit funds
Steps to buy crypto at Coinswitch
Kuber
Click
on the “market” section from the bottom navigation menu in the Coinswitch Kuber
mobile app.
You
will find all the available cryptocurrencies there.
Search
the name of your preferred cryptocurrency and click on it.
You
will see the “Buy” button on the bottom left side. Click on it.
Enter
the amount you want to buy, and click on “Preview Buy.”
Check
the amount of coin you will receive and finally click on “Buy.”
The
assets will be purchased, and they will be available in your portfolio.
FUNDING
CoinSwitch
Kuber has raised a total of $40.6M in funding over 3
rounds. Their latest funding was raised on Apr 22, 2021 from
a Series B round.
CoinSwitch
Kuber is funded by 5 investors. Tiger Global
Management and Paradigm are the most recent investors.
TECNOLOGY
CoinSwitch
Kuber is actively using 52 technologies for its website,
according to BuiltWith. These include Viewport Meta, IPhone /
Mobile Compatible, and Google Font API.
CoinSwitch
Kuber is ranked 70,754 among websites globally based on
its 594,940 monthly web visitors.
Coinswitch Kuber Pros
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 the ones that individual exchanges impose).
Supports
UPI, NEFT, and IMPS bank deposits.
Good
support system.
It
has got a satisfactory rating on Play store.
Coinswitch
Kuber Cons
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 done with your KYC.
It
is not suitable for day trading as the platforms lacks tools.
Coinswitch Kuber
Conclusion
Coinswitch
Kuber is an emerging name among the Indian people. It is a secured
platform and is the best crypto app in India. It offers more than 100+
cryptocurrencies. At the same time, users can start trading with only INR 100.
The way it keeps adding new cryptocurrencies to its list and enhancing its
security will continue to become one of the most reliable platforms.
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