[ANN] Introducing CoinSwitch Kuber: Now Buy, Sell & Trade 100s of Crypto with INR
CoinSwitch is thrilled to announce the pre-launch registrations for CoinSwitch Kuber, which aims to simplify the way Indians Buy and Sell cryptocurrencies with INR. CoinSwitch Kuber will ensure the best rates by aggregating liquidity across all Indian exchanges and will support over 100 currencies for Indian users to buy and sell easily using Indian Rupees (INR).
It aims to remove the intricacies associated with crypto and instead create a user-friendly platform, in the form of a mobile application. New users can create an account on the platform by performing KYC/AML procedures and can deposit INR into their account using the various modes of payment offered by the platform. Users can then buy and sell any of the 100+ currencies supported by the platform. In addition, users have the facility to store, send, and receive cryptocurrencies through their account.
CoinSwitch Kuber will simplify the process and ensure that users buy cryptocurrencies at the best rates. This is achieved by aggregating the liquidity of top exchanges in India at the backend. Users get access to this pooled liquidity through a simplistic interface wherein they will simply enter the INR amount and choose the cryptocurrency they wish to buy. The platform then offers a rate that auto-refreshes every 30 seconds.
Today we are kicking off the pre-launch of CoinSwitch Kuber where users from India are invited to register and be the first ones to use the app. With prizes worth Rs. 50,00,000 to be won.
Every user will be given a points called — Kuber Points (KP) on registration during the pre-launch. Users can invite their friends as well by sharing their referral links on social media to promote the product. They will accumulate more Kuber Points with as many people will join using their referral code.
Later they can redeem the Kuber Points with exciting crypto rewards. A total of 50 lakhs worth of rewards will be given during the pre-launch period.
Select 25,000 users will be onboarded in the CoinSwitch Kuber beta app which will be released on June 1st. The INR trading fee, deposit, and withdrawal fee will be waived off for those users for 100 days.
