Why Coinswitch Kuber is not recommended?

in coinswitch •  4 years ago  (edited)

Many investors in India try CoinSwitch Kuber. But I do not recommend this app due to the following reasons

  1. Coinswitch Kuber does not have usual pairs to trade or invest, in India all coins paired with INR alone can be bought with Coinswitch
  2. Price cannot be edited. Most cryptocurrency platforms allow you to edit the buy and sell price of the cryptocurrency. If your value is different from that of the market the buy or sell would happen only when the market reaches that place. For example, if you want to sell a crypto for Rs.20 but currently it is trading at Rs. 0.20 you would still be allowed to place the order in Wazirix, whenever the coin reaches Rs.20 it would be sold but not in Coinswitch. In coinswitch you can sell the coin only at the price what is shown in in the app nothing less or nothing more.
  3. Coinswitch does not allow you to withdraw many of the cryptocurrencies that you have bought.

Due to this reason I do not recommend anyone to step into Coinswitch Kuber platform
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