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Author Topic: What yo think about CoinSwitch.  (Read 197 times)
arajbhar (OP)
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September 25, 2020, 07:25:27 AM
 #1

I started using Coinswitch, and the impression was outstanding, so I thought let's share it and see what you think about it.

If you don't know, Coinswitch is an India-based crypto platform that allows users to buy, sell, and exchange over 654 coins via credit card for the world and via bank account deposit in India.

I compare it with LocalBitcoins (LB) and found LB is more expensive than CoinSwitch, where on LB the price was ₹909000 (minimum) while on Coinswitch the price was ₹825439 for buying BTC. And for selling BTC the price was ₹776,139 on LB and ₹814133 on CoinSwitch, this huge price gap and enough excuse to leave LB.

An also this price increase or decrease on LB if you change the payment method but not on Coinswitch and have payment method like Google Pay, PayTM, Phone Pay, UPI, and bank deposit.

I withdrawal XRP worth of ₹5000 and guess what I got my money in just 2 minutes in my bank account.

What you think it is better for long time use, I think so.

Here someone has written a CoinSwitch review. You can read this.
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September 25, 2020, 12:15:24 PM
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Never heard about this site. The difference between both may exist because one is P2P other would be an exchange, so they have their own buying and selling price decided. Also, just on a cautious basis one should fully know about the site and read reviews and then only trade. Else chance of getting scam on unknown site increases.


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