π§© What is CoinSwitch Kuber?
CoinSwitch Kuber is an Indian crypto investment platform that allows users to:
β Buy & sell cryptocurrencies
β Check live crypto prices
β Hold crypto assets in-wallet
β Track portfolio performance
Supported cryptocurrencies include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Polygon (MATIC)
- Ripple (XRP)
- Solana (SOL)
- Tether (USDT) and more.
It is popular for its easy onboarding and simple UI, making it suitable for first-time crypto buyers.
π Step-by-Step Process to Use CoinSwitch Kuber for Crypto Trading
Step 1: Download the CoinSwitch Kuber App
The app is available on:
β Google Play Store
β Apple App Store
After installation, launch the app and tap βCreate Account.β
Step 2: Register Using Mobile Number
Enter your mobile number and verify it through OTP.
Step 3: Complete KYC Verification
To deposit INR and trade, KYC is mandatory.
Upload:
π PAN Card
π Aadhaar / Passport / Driving License
π Selfie for face verification
Verification time usually ranges from 30 minutes to 48 hours depending on load.
Step 4: Add INR Funds to Wallet
CoinSwitch Kuber supports INR deposits via:
β UPI
β Net Banking
β Bank Transfer
Once funds are added, you can instantly buy crypto using INR.
Step 5: Buy Your First Cryptocurrency
To buy crypto:
- Tap Buy
- Select a crypto (e.g., BTC, ETH, MATIC)
- Enter INR amount
- Confirm your purchase
Crypto will be visible in your Portfolio section.
Step 6: Sell Cryptocurrency Anytime
When you want to book profits or exit:
- Go to your Portfolio
- Select the coin
- Tap Sell
- Confirm the sell order
INR will be credited to your CoinSwitch Kuber wallet.
Step 7: Withdraw INR to Bank Account
To withdraw INR:
β‘ Go to Wallet β Withdraw INR
β‘ Enter amount and bank details
β‘ Confirm withdrawal
Funds typically settle within banking timelines.
πΈ Fees & Charges
CoinSwitch Kuber pricing structure may include:
β Spread margin
β Network fees for crypto transfers
β Deposit/withdrawal charges (based on payment method)
Always check updated fees inside the app.
β Legal Status & Crypto Tax Rules in India
- Crypto is not illegal in India.
- Crypto is not official legal tender like INR.
- Crypto profits are taxed at:
β 30% capital gains tax
β 1% TDS (for certain transactions)
Regulations are evolving, so always stay updated and maintain transaction records for tax filing.
π§ Safety Tips for Crypto Trading
β Enable 2FA (Two-Factor Authentication)
β Invest only what you can afford to lose
β Avoid panic buying during hype
β Research projects before investing
β Diversify to reduce risk
β Store long-term crypto in secure wallets
π Conclusion
CoinSwitch Kuber offers an easy, beginner-friendly way to start trading cryptocurrencies in India. With simple KYC, INR deposits, and an intuitive app, it allows users to experience crypto investing without complications. However, crypto is volatile, and regulations in India continue to evolve, so trade responsibly and stay informed.
π Disclaimer
This blog is for educational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk, including potential loss of capital. Regulatory conditions in India may change over time. Users should conduct their own research and consult qualified financial or legal professionals before investing.