Published 16:37 IST, May 21st 2021
Coinbase vs Coinswitch Kuber: Which crypto exchange should you be choosing?
Crypto exchanges enable investors to buy, sell and trade cryptocurrencies. In this article, we will be comparing two exchanges - Coinbase vs Coinswitch Kuber.
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Cryptocurrencies have become increasingly popular in India over last year, Supreme Court lifted RBI's ban on crypto back in March 2020. reason behind rising popularity of crypto exchanges is easy accessibility to crypto provided by crypto exchanges operating in India and abro. A crypto exchange is a platform where investors can buy, sell or tre cryptocurrencies using ir fiat currency. New crypto investors can become confused about which exchange to choose. In this article, we'll be comparing two crypto exchanges Coinbase vs Coinswitch Kuber, to help potential investors decide which is right choice for m.
Coinbase vs Coinswitch Kuber
Coinbase is an international crypto-exchange that operates in many countries around world. Coinbase is considered to be one of most trustworthy and accurate crypto exchange in crypto community. Meanwhile, Coinswitch Kuber is an India focus crypto exchange that has an extremely clean UI that is useful for newcomers. It should be noted that Coinbase is not yet available in India. However, re are several ways people can still use Coinbase from India. While re are many aspects to be considered when choosing a cryptocurrency, one of important aspects is fees charged.
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CoinSwitch Fees vs Coinbase Fees
Coinbase is an international exchange that operates in multiple countries. Incidentally, Coinbase charges are some of highest in crypto industry. Coinbase charges a 0.5 per cent fee per transaction. As for withdrawal fees, Coinbase charges a flat $0.55 fee and up to 2.0 per cent of value of transaction. While CoinSwitch Kuber charges nothing for depositing and withdrawing money to ir application, 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. Moreover, re many vanced Coinbase features that cannot be found elsewhere like option to keep a wallet. In contrast, re are very few Coinswitch Kuber features that are worth mentioning.
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Coinbase Review vs Coinswitch Kuber Review
It should be noted that CoinSwitch has a very clean UI and UX. If you are looking to invest small amounts of money regularly, Coinswitch is a good choice. Beginners who are not very knowledgeable about crypto should opt for CoinSwitch as app is fairly easy to use. However, if you want to make large investments and do day tring, Coinbase is best option for you. y are a world-class crypto exchange with impeccable service if you can afford ir fees. You can transfer funds and use Coinbase with your international debit and credit cards.
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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: COINBASE AND COINSWITCH TWITTER
16:37 IST, May 21st 2021