COINSWITCH KUBER REVIEW |STORY | JOURNEY | FEATURES IN INDIA IN 2024
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| COINSWITCH KUBER REVIEW |
THE HISTORY OF COINSWITHCH KUBER INDIAS 1ST LEGAL CRYTO EXCHANGE WITH 14+ FEATURES
Lets start from the journey of coinswitch kuber from 2017-2024. One of the co-founders, Mr. Ashish Singhal said that we started coinswitch kuber in 2017 with the simple objective of simplifying crypto, right, today, we are trying to just solve that... lots more let's see how coinswitch is safe for all Indian crypto users, How to download the app free in India with a full review.
WHAT IS COINSWITCH KUBER?
And coinswitch kuber
is one of the products for India,
which basically is trying to solve the adoption
problem.
And currently, people are very reluctant to get into crypto, they see charts, they see order
books, they get confused. coinswitch
kuber objective is very simple.
Anyone who wants to come into crypto
should have the experience of similar to say ordering food on swiggy or
ordering something from Amazon, right? It should be that that has been a
couple of things you are done with, right.
And that is what we are providing with coinswitch kuber. And hopefully, you know help provide simplicity
to the market in India and be able
to grow by solving user problems.
WHEN COINSWITCH KUBER APPLICATION STARTED?
Okay, great. coin switch kuber you started in 2017? What was the problem? What did you solve with coinswitch kuber.
So a little background again on that we are 3 co-founders of coinswitch
kuber we came from companies like Amazon, Microsoft, Zynga printing a lot
of their production techniques. And the important thing to note about this is
that we are hackers, any hackathon that you can think of in India, including Sequoia hack who will vote for India, LinkedIn hacks, you would have
won it and coinswitch kuber started
with the hack itself.
So, we and during our journey when we launched coinswitch kuber
so we built this for ourselves, and when we launched within a month we were
doing a million dollars a day.
So, this solidified that you know, this was a problem which
was faced by a lot of traders right. And that's why Sequoia came on board with
our seed funding. And you know, being an amazing partner ever since.
So tell me about the motivation behind coinswitch kuber application. Or Yeah, and how did it start? Making
simple and user-friendly its kuber
objective.
And so just to share
a story, how do we measure because everyone says its very simple application but there is no objective
there is no good
A lot of different people of different ages with different
knowledge to be able to get into crypto keys. Right. And that is the whole premise of why we build a constitution in India.
India was not able to participate in it, right. At this point, a lot of different users retail users would want to see what crypto is and if they go to
exchanges to figure it out, they will never get into it.
So can we make a product that basically simplifies the way
that people can buy and sell
cryptocurrencies or enter into crypto right.
So that is a very
simple way that we entered in India with and the last month data we see that you know, we have succeeded a lot in
our assumptions but with the one month I'm really really satisfied with what we
went out to solve and to the level that we were me and my team were able to
solve Okay,
where the model of significance can apply to a coin such as
you know, as a global brand, right.
And we were entering in India for
the first time. So we wanted to obviously differentiate ourselves and tell
people that this is dedicated for India
is built for India.
COINSWITCH KUBER IS LEGAL IN INDIA?
Coinswitch is really legal in India right now on this exchange you can buy or sell cryptocurrencies online easily with high security. So let's go to know more about the latest updates.
WHAT
ARE THE IMPORTANT REASONS OF COINSWITCH KUBER EXCHANGE/APPLICATION?
So coinswitch kuber
application is important for two reasons.
First
is Kuber is a God of wealth. how most of the people see cryptocurrency is as well as well
Right? but you already know the connotations. And all that, so we didn't want
to get into it.
The
second biggest thing for kuber
application, why to name it, was that
for us for, you know, people like who believe
in crypto replace like a protector in this ever-changing word.
WHAT IS THE MEANING OF KUBER OF COINSWITCH APPLICATION?
The meaning of kuber in
Sanskrit we call as world protector.
Okay, these two things made us you know, nailed down on the
name to be so there is a lot of thought that went into it. Where is the
order went away? Taurus, I like that. Usually, we name our products based on Greek gods and this comes from Amazon.
There are a lot of products are running in the global market by coinswitch kuber. We usually try to
keep the name of the gods because you know, people have some feeling in India, the intention was not to name
after a court, but to name after something that people can relate to. Right.
And Kuber was ultimately we nailed
down on Kuber, making sure that you know, both the other side of crypto where people are new to it and
see it as a will plus people who are purists like probably you are able to
relate to it as well.
Let’s talk about certain specifications of the product, we
are building the right product or not it was about solving the problem within
three weeks, we reach about 100,000 users on free lunch. So that was a great
thing in itself and after our product launch, we focus a lot on onboarding,
making onboarding easier, making sure that people are able to deposit funds by
crypto just like they use kuber or, you know, credit or any other an application which is known for their experience, right. And in the first year,
we crossed a million dollars in deposit itself.
And hopefully this month, we will go five x first year first
one. So in June, we crossed about 10 Cr in deposits. Reading was anyway
separate, right, which we don't focus on investing money is something of a
restriction, that is the problem that
you're solving, whether people become so used to investing in crypto, that
they put their money in it.
So how we measure our
success is by the number of deposits or the amount of deposits that we are
receiving.
So buyers and sellers are selling and buying crytocurrencies
which is totally demands on market only we are able to do that in one place and
make the experience seamless, they don't have to worry about pricing, they
don't worry about anything it has to be simple, it has to be fast and it has to
have the best price right coinswitch
kuber application is known for them in the global market.
And we want to bring all that to the Indian market with added simplicity. Hopefully, we will cross about $5 million in
deposit. And within a month we do five x is really, you know, tremendous,
So, how many minimum deposit allows in coinswitch kuber application the minimum deposit in coinswitch kuber application is 101.
User protection is not at the forefront. Right. regulations are not about hindering the growth of any industry or any income. It's about user protection is to make sure that we are working our hard-earned money.
So how we saw mutual funds stock market, you know, the
evolution of that in India is
through regulations.
So I personally believe that the regulation, the faster the
regulation comes, and the better it is for the community. And the better it is
for the company to follow them and make sure that you know, they are user-focused, they make sure that their money is as secure as possible.
We already do those things. We already try to follow several
regulations, although there are no regulations
in India in crypto, as a company, a user is protected.
First of all, obviously, the first set of regulations will not
cover everything, right. The basic regulation will not tie into key user
investment protection. In the second phase of May, we can go into which is the good cryptocurrency for the users and classifying them,
making sure that people are not making bad choices or platforms are not offering bad choices to the users. So it's a
phased approach.
crypto so big at this point? No, But what we can help them do is to make them understand you where it
doesn't matter where this industry is right now. See where they're in this
industry can be in the next five years,
right and look for the future and
see the growth that that crypto can
bring to the Indian GDP. Once we make our case for that, and I believe
honestly that people are have started to do that. Even governments have started
to do that. I can do that in the future it.
if there is no regulation, then nobody knows what the
clarification is from the government
from the banks from our need to clarify to them so that doesn't matter. Okay,
WHAT
IS THE FUTURE VISION COINSWITCH
KUBER APPLICATION
Let’s talk about coinswitch kuber application vision and
consider the lender what is the future
vision coinswitch kuber application that
you can expect like for India and for the world? So the whole concept started with simplicity, and it will end with
simplicity as well.
Do you already have a platform to invest in Plus, you
already have a lot of innovative products, which basically helps you do that
investment. One thing I want to point out, probably you would be able to relate
to your friend where I have to invest my
money like there is the number of stocks in the market.
So stock as I was talking her name is the problem with mutual funds. So coinswitch kuber is in a bigger vision is trying to solve that
problem. making it easier to get into crypto,
but in future, solving the problem
of investment which the tools are available for those of you know, in hedge
funds or bank managing their portfolio, allowing them to do different things
and still be able to give them returns right? In future coins which wants to solve
the problem.
You should be able to do that through not just crypto.
Obviously, we want to solve the
cryptocurrency First and foremost because that's where we Excel as well
today, but a pretty big problem in India.
WHAT IS
THE SECURITY IN COINSWITCH KUBER?
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| WHAT IS THE SECURITY IN COINSWITCH KUBER |
They are providing 100% security of your money. Last
thoughts that you want to share with the audience? So, the last thought that I have is that we are just entering India
right. But we are a very old company that has solved this problem for the global
world doing like hundreds of millions of dollars in volume, amazing security.
WHAT
ARE THE FEATURES OF COINSWITCH KUBER EXCHANGE PLATFORM?
The biggest feature of coin switch kuber are –
- 100% Security.
- Easy to trading.
- Minimum Rs/- 101 to invest (means easily you can buy your favorite cryptocurrency just by investing Rs/-101.
- User friendly application it is.
- Easy to install from google play store.
- Referral bonus option is available.
- 18+ Users can buy/sell crypto.
- Easy to manage.
- Easy to do KYC.
- Fast accessing.
- Easy to withdraw money
- Easy to transfer from digital currency to a bank account.
- UPI option it has.
- A private pin facility is available to unlock
SO, FINALLY, WE GOT ALL THE INFORMATION REGARDING THIS INDIAS FIRST CRYPTOCURRENCY EXCHANGE IN 2024 NOW THE TIME CAME TO INVEST OR YOU CAN SAY BUYING AND SELLING CRYPTOCURRENCIES ON COIN SWITCH KUBER EXCHANGE IF YOU WANT TO BUY CRYPTOCURRENCIES THEN LEARN HOW TO CREATE AN ACCOUNT IN KUBER FREE AFTER CREATING AN ACCOUNT YOU CAN EASILY BUY / SELL YOUR DIGITAL COINS IN INDIA EASILY AND LEGALLY 100%.
WHAT ARE THE NEXT PROBLEMS THAT COINSWITCH KUBER SHOULD SOLVE?
Comment below thanks a lot to come here on this site where
I am sharing the latest cryptocurrencies updates so if you want to know then
visit daily here.
Conclude – Here we have seen the full review and journey of
the Indias trusted cryptocurrency exchange platform i.e coin switch kuber application and the updated 14+ features and
plans,security,minimum investment everything full review which has said by one
of the co-founders Mr. Ashish. Singhal said.
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