Published 14:00 IST, May 22nd 2021
Binance vs CoinSwitch Kuber: Review, fees and more; check which one is best for you
Over the past few months, cryptocurrencies have become a big investment opportunity in India. In this article, we'll take a look at Binance vs CoinSwitch Kuber.
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cryptocurrency market has been experiencing an exceptional boom, especially when it comes to tritional coins like Bitcoin, Erum and more. As cryptocurrencies reach ir peak prices, investors are keen on investing in m to earn unbelievable gains over time. During early days, fewer people used to invest in digital currencies, but looking at returns, more and more people have been picking up on this hobby. And now, choosing right exchange app has become so important. So, investors and trers have been wondering about Binance and CoinSwitch Kuber, and which one is better. If you have been wondering about Binance vs CoinSwitch Kuber too, n here is all you need to know about it.
Binance vs CoinSwitch Kuber
Binance is an internationally acclaimed crypto exchange that provides cryptocurrency exchange services to more than 180 countries around world. Moreover, Binance is aimed more towards crypto experts who know what y are doing, so Binance has a lot of vanced features that are useful to pros, but it is harder to use for newcomers. Meanwhile, CoinSwitch Kuber is an India focused crypto exchange that has an extremely clean UI that is useful for newcomers. It has a lot of features that Indian investors might find attractive. In comparison, CoinSwitch Kuber is fairly easier to use and navigate
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Binance Fees vs CoinSwitch Kuber Fees
Binance Fees
Binance Fees is fixed at 0.1 per cent, which is one of lowest fees in industry. As for withdrawals, Binance charges a minimum of $10 fees, with 3.5 per cent ditional withdrawal fees. Binance also has its coin crypto called Binance Coin, which is one of most valuable crypto coins in world. However, withdrawal fees that Binance charges may be a t expensive for Indian consumers.
CoinSwitch Kuber Fees
In this aspect, CoinSwitch Kuber charges nothing for depositing and withdrawing money to ir application, but y do have hidden charges. Whenever you purchase a cryptocurrency on CoinSwitch, company deducts 1-2 per cent from cost of purchase. Moreover, CoinSwitch has different buying and selling price for ir cryptocurrencies, which is an unusual practice.
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Binance Review vs CoinSwitch Kuber Review
It should be noted that CoinSwitch has a very clean UI and UX, whereas Binance has a much more complicated app. Beginners who are not very knowledgeable about crypto should opt for CoinSwitch as app is fairly easy to use. However, Binance app has a lot of useful features and information that can be helpful to crypto trers with in-depth knowledge.
CoinSwitch Kuber and Binance have fairly positive reviews on Google Play Store such as 3.0 and 4.5, respectively, as of writing this article. However, Binance users have been complaining about ir slow customer service a lot in recent times. It should be noted that Indian crypto exchanges have been facing problems with Indian banks as many banks are refusing services to exchanges
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DISCLAIMER: information provided on this website is for educational and entertainment purposes. information provided on this websites does not constitute investment vice, financial vice or tring vice. Republic World does not recommend purchasing any cryptocurrency. Crypto markets are highly volatile and crypto investments are risky. Reers should do ir own research on cryptocurrencies and consult ir financial viser before making any crypto investments.
IMAGE: BINANCE & COINSWITCH KUBER TWITTER
14:00 IST, May 22nd 2021