Coinswitch: Solving Major Hassles Plaguing Cryptocurrency Traders
Coinswitch: Solving Major Hassles Plaguing Cryptocurrency Traders
(Please read the Important Disclosure/Disclamer Statement located at the end of this article.)
Frustrated with KYC/AML verification?
Unable to trade on an exchange because of undue geographic and citizenship restrictions?
Worried about exchange shutdown and custodial risk?
Try Coinswitch. You'll be pleasantly surprised.
Coinswitch is an innovative solution for the major hassles and common headaches that all cryptocurrency traders face everyday.
Here are some solutions for common problems and special benefits offered to all Coinswitch customers:
No more lengthy registration processes - no account is needed.
No more exchange availability restrictions - physical locale or country of citizenship is a non-issue.
Significantly reduced custodial risk - think about all the past and recent exchange scandals.
No more costly, intermediary altcoin-to-altcoin trades required before finally buying the cryptocurrency you originally desired - thousands of trading pairs are offered and over a hundred different cryptocoins are supported.
Coinswitch is called an "Exchange Aggregator". It collects all the information from the major cryptocurrency exchanges, compares their rates, availability, trading pairs and other functions pertinent to all traders when deciding when, where and how they can buy and sell their cryptocurrency.
After collecting and filtering exchange data, Coinswitch offers the trader the best available options for their desired trades without the need of creating an account and no additional fees above that of an exchange's normal fees - the fees that an exchange charges to their own verified account holders.
All that is necessary is the trader’s wallet address for the particular altcoin.
All major cryptocurrency exchanges are supported by Coinswitch.
Summary of Major Benefits:
No account required (avoiding lengthy account registration and overly complex KYC/AML verification)
Over 4,000 trading pairs of cryptocoins supported (reducing costs resulting from multiple intermediary trades)
All operational, major listed exchanges are accessible to the user (opening trading capabilities to any trader with a valid wallet address - trader accessibility is not contingent on a trader's locale or citizenship)
Rate comparisons between exchanges posted (enabling traders to make informed, money- saving exchange choices)
Easy to use interface (freeing up time for trading instead of wasting time learning all the disparate, idiosyncratic methods that each particular platform requires to do the same function common among all exchanges)
Extensive data collection and filtering (providing vital information on exchange availability, status of operational efficiency, trade alerts, increase or decrease in types of special trades offered and margin options capability, etc.)
No additional fees - no extra costs are added above what is charged to an exchange's regular customers.
Find more information about Coinswitch at www.coinswitch.co
By JaiChai
Disclosure/Disclamer Statement:
The author is not a paid sponsor, stockholder, or employee of Coinswitch. No financial recommendations or trading strategies, whether implicit or explicit is suggested, officially recognized, claimed, or supported.
He takes no responsibility for any user actions that results in the loss of money. He stresses due diligence, precise wallet address input, and multiple checking and rechecking until certainty before performing any trades - or committing any funds - over the internet.
He repeatedly reminds users of cryptocurrency that once the “Send” button is clicked, transactions are permanent; hence, transaction modifications and refunds are not possible.
About the Author, Not!
JaiChai has been in the cryptocurrency space for over 6 years. He is an enigma, regarded by his cohorts as sarcastic, funny, intuitive - but most of all, elusive. JaiChai alternates long dormant periods with concentrated periods of frenzied commentary - only to go silent again. He’s known for randomly submitting philosophical and contrarian posts on most cryptocoin forums.
When asked about his vanishing acts, he says, "I’m just somebody who enjoys being nobody because I look like everybody. Besides, time checking things off my 'bucket list’ - sans notoriety - is time well spent.”