Cryptocurrency trading is an option a lot of investors want to take but for that, a good cryptocurrency exchange app is required. One such app is CoinSwitch cryptocurrency exchange. This is a user-friendly platform built and based in India where more than 100 cryptocurrencies can be purchased.
There is a TradingView chart which users can access with multiple time frames. Moreover, TradingView is very easy to use. You can access about three technical indicators at once if you have a free account. But, with the Pro account, it is possible to access more technical indicators.
With CoinSwitch Pro, it is possible to place Limit orders. These are the orders that are executed when the price reaches a specific value. This order is open for 90 days from the day it is placed after which it will automatically expire. If the order has not been executed yet, you can modify it multiple times.
CoinSwitch crypto app requires users to complete their KYC first to get access to multiple exchanges. With this comes convenience and compliance in a single go.
Trading with CoinSwitch cryptocurrency exchange app, it is possible to get access to a lot of major crypto exchanges in India. It can be pretty useful for users because there are different rates on different exchanges due to the different activities done by the buyers or sellers.
Users can also make profit using these different exchanges with these rates by purchasing crypto from an exchange platform which has the lowest price and sell it to another. It also supports arbitrage trading and is the first trading platform to do so in India.
With CoinSwitch crypto exchange app, arbitrage trading only needs a single login. Moreover, you get a single portfolio for the management of all your investments. Thus, there is no need for making multiple accounts on different exchanges.
CoinSwitch Kuber has a secure digital wallet that users can use to store their cryptocurrencies. This wallet is kept safe with advanced security features including two-factor authentication. Moreover, users are capable of managing multiple cryptocurrencies in just one wallet which makes it very convenient for users to keep a track of their digital assets and access them.
With this cryptocurrency exchange platform, users can invest in cryptocurrencies using a systematic investment plan which also spreads the investment risk over time. There is also the option to invest in various coins to diversify their crypto holdings allowing them to balance risk and reward.
With the CoinSwitch Kuber app, users also get educational content which can help them get a basic overview of cryptocurrencies, how to trade, and blockchain technology. The market trends, news, and analysis are accessible by the users helping them to make informed trading decisions.
User Interface: CoinSwitch has a very simple user-interface which is designed especially for beginners putting an emphasis on an easy trading experience while providing a mobile-first approach. WazirX, on the other hand, has a user-friendly interface for both beginners as well as experienced traders.
Fees: CoinSwitch Kuber has a zero-fee model for specific trading activities which make it an attractive point. While in WazirX a flat fee for trading is charged with nominal fees during withdrawals.
Crypto Selection: The major focus of CoinSwitch is on simplicity and has a limited selection of crypto coins as compared to other exchanges and still offers a good variety of coins. WazirX has a wide range of cryptocurrencies listed with a few altcoins and the native token WRX.