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Startup CoinSwitch Kuber

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

 

ž CoinSwitch Kuber is an app-based cryptocurrency exchange platform exclusive to the Indian market for retail investors..

ž F0unded – 1 june 2020

ž 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).

ž The platform does not even charge for buying and selling cryptos.

ž 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

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

ž Enter the amount you want to deposit. Please note that the minimum amount that you can deposit is Rs. 100.

ž Click on “Deposit.”

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

ž If you want to deposit through UPI, click on the “UPI” option.

ž 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.

ž However, you need to send the funds to the account whose details will be provided if you select direct bank deposit. 

ž Coinswitch Kuber review: Deposit funds

Steps to buy crypto at Coinswitch Kuber

ž Click on the “market” section from the bottom navigation menu in the Coinswitch Kuber mobile app.

ž You will find all the available cryptocurrencies there.

ž Search the name of your preferred cryptocurrency and click on it.

ž You will see the “Buy” button on the bottom left side. Click on it.

ž Enter the amount you want to buy, and click on “Preview Buy.”

ž Check the amount of coin you will receive and finally click on “Buy.”

ž The assets will be purchased, and they will be available in your portfolio.

 

 

FUNDING

ž 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.

ž CoinSwitch Kuber is funded by 5 investors. Tiger Global Management and Paradigm are the most recent investors.

TECNOLOGY

ž CoinSwitch Kuber is actively using 52 technologies for its website, according to BuiltWith. These include Viewport Meta, IPhone / Mobile Compatible, and Google Font API.

ž CoinSwitch Kuber is ranked 70,754 among websites globally based on its 594,940 monthly web visitors.

Coinswitch Kuber Pros

Pros:

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

ž It offers instant INR deposits and withdrawals.

ž No deposit and withdrawal fee.

ž KYC is quick and short.

ž No Transaction limits (except for the ones that individual exchanges impose).

ž Supports UPI, NEFT, and IMPS bank deposits.

ž Good support system.

ž It has got a satisfactory rating on Play store.

 

 

Coinswitch Kuber Cons

Cons: -

ž Does not support credit and debit cards.

ž Fiat deposits not allowed (Only INR)

ž Only for Indian residents.

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

ž 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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