CoinSwitch Kuber Trading Signals - TU Expert review

Updated: October 26, 2023

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Full CoinSwitch Kuber
overview

CoinSwitch Kuber Trading Signals

Information

CoinSwitch Kuber doesn’t charge for deposits and withdrawals, either in INR or in cryptocurrency. However, there is a network fee when withdrawing digital coins, and their amount is displayed in the app. During the first 100 days after registration on CoinSwitch, the trader doesn’t pay any trading fees. However, after this period, the exchange starts to withhold a commission from 0% to 0.49% for selling and buying cryptocurrencies. The exact amount depends on the exchange selected for the transaction and the asset being traded.

Account type	Spread (minimum value)	Withdrawal commission
Standard	0.25%	No

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

Copy trading.
Email alerts.
Signals through a blog on the website.
Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Short introduction of CoinSwitch Kuber

CoinSwitch Kuber is a cryptocurrency exchange based in Bangalore, India. It was founded in 2017 and now has over 7.5 million users. CoinSwitch Kuber acts as an intermediary between traders and international exchanges such as Coinbase, Tiger Global, Ribbit Capital, etc. Thanks to this cooperation scheme its clients can trade over 100 cryptocurrencies at the best prices (BTC, LTC, ETH, XRP, EOS and others), including placing orders with instant execution. In April 2021, the company raised $25 million in Series B funding, and this is a sign of the product's future growth and development.

💰 Account currency:	INR and cryptocurrencies
🚀 Minimum deposit:	INR 100
⚖️ Leverage:	Not available
💱 Spread:	0-0.49%
🔧 Instruments:	over 80 cryptocurrencies and INR
💹 Margin Call / Stop Out:	No

CoinSwitch Kuber Pros and Cons

👍 Advantages of trading with CoinSwitch Kuber:

•minimum deposit of about $2 is affordable for any trader;

•access to the liquidity of the world's major exchanges through a convenient mobile application;

•wide range of trading instruments;

•opportunity to sell and buy cryptocurrencies without paying transaction fees to exchange (for a limited period);

•no deposit and withdrawal fees for both fiat and cryptocurrencies;

•simple conditions for receiving referral fees;

•informative blog on the website featuring various cryptocurrency reviews and financial markets news.

👎 Disadvantages of CoinSwitch Kuber:

•leverage is not available;

•the exchange doesn’t offer investment solutions, which means you will have to trade using your own capital;

•only INR is available as a fiat;

•Card deposits/withdrawals are not available.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that CoinSwitch Kuber does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

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FAQs

Do brokers offer premium subscriptions to signals?

In some cases, brokers may offer premium subscriptions.

Can I lose money by trading signals?

Keep in mind that there are no ideal trading signals and trading signals may lead to a loss of funds. There are always risks.

Can trading signals depend on the account type?

Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.