November 20th, 2022
With the advent of Bitcoin, we witnessed a new form of money in a decentralized form. It came as a peer-to-peer money technology where there can be no interference from any central authority be it government, banks, or any financial institution. The popularity of cryptocurrency did not grow only in European countries but in India as well. And with that, it brewed curiosity among the people as to which crypto exchange from India is better for whom.
When it comes to naming the best exchanges from India, then CoinSwitch Kuber, and WazirX are some of the best examples. So today we would be letting you know about their differences, and will also help you in knowing about CoinSwitch Kuber vs WazirX fees. So let us begin with a brief overview of the Indian exchanges starting with:
Over a couple of months in the past, the crypto market has been through an exceptional boom. Major cryptocurrencies like BTC, ETH, and other cryptocurrencies are known to have topped prices at a peak level. While dealing in cryptocurrencies has been a niche hobby once upon a time, more and more people from around the world made it a hobby when it reflected clarity about its existence. Numerous popular brands, banks, and financial institutions got involved in the crypto and blockchain business.
When the crypto industry took an upward stance and started gaining importance, then it led to the advent of more and more alternatives in the market. In the past few months, there have been a lot of people from India who took interest in investments in cryptos.
Crypto exchange in India
Well, the beginning with this new form of digital money is not as easier as it seems, there are several crypto exchanges in India like Zebpay, CoinSwitch Kuber, and WazirX that have made crypto investment much easier for people in India. Today in this article, we are going to make some comparisons between the Indian exchanges with their fees, charges, and withdrawals. And with this, it will become simple for you to determine the better option for yourself.
The difference in charges at CoinSwitch Kuber and WazirX
The main concern among crypto investors is to know about transaction charges by a crypto exchange. Now if we talk about CoinSwitch Kuber charges, then it does not charge anything for deposits and withdrawals of money to their application. However, there are hidden charges. Note that whenever a cryptocurrency is purchased on CoinSwitch, then 1-2 percent gets deducted by the company from the cost of the purchase. Moreover, this crypto exchange has a different price for selling and buying their cryptocurrencies, which is an uncommon practice.
Coming to CoinSwitch Kuber vs WazirX fees, then the latter Indian crypto exchange is honest in terms of its charges. WazirX charges a flat 0.2% fee on all crypto transactions/trading. If you deposit money via bank transfer, then it will cost you around Rs 5.9. And if it is the case of withdrawing money, then at WazirX, it will cost up to Rs 10.
It will be too early to say which crypto exchange is better for whom. You need to experience trading on either of the exchanges and see the results yourself. Explore more topics other than CoinSwitch Kuber withdrawal fees on the Cryptoknowmics website, a one-stop solution for all crypto-related queries.
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