Cryptocurrency exchanges aggregator CoinSwitch has announced pre-launch registration for CoinSwitch Kuber in India.
CoinSwitch Kuber platform will ensure the best crypto rates for over 100 cryptocurrencies by aggregating their liquidity across all (...or top?) Indian crypto exchanges.
To make its platform very user-friendly and accessible to all Indians, it is launching its services through a mobile app.
However, it seems that CoinSwitch is not bringing the capability to trade anonymously for Indians. Indian users will need to comply by following KYC / AML procedures to deposit INR to their accounts and then buy or sell other cryptocurrencies listed on CoinSwitch Kuber.
Still I guess, it will be interesting and faster to trade on an Exchange aggregator platform where we will be able to see the best rates and volumes across all exchanges in the country.
Personally, I have never used any aggregator platform before. So I'm excited to get an opportunity to access the pooled liquidity across all exchanges on a single interface. However auto refreshing time for prices is about 30 seconds, which may be a deal breaker for some.
Beta app is slated to be released on June 1st. Pre launch period has just started and they are offering rewards worth 50 lakh rupees for early birders. Only select 25000 users will be onboarded in the beta phase. INR trading fee, deposit fee and withdrawal fee of all these users will be waived off for the next 100 days. If you want to get onboard you can
use my referral link🙏
and enjoy some Kuber Points, which you can redeem for several coins too!