The Supreme Court of India in March 2020 made an important judgment lifting the ban on cryptocurrencies. People are now looking for ways in which they can buy cryptocurrencies. Buying from exchanges is the best way to get access to cryptocurrencies.
Wazirx is a peer to peer crypto exchange enabling users to buy, sell and trade cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. in India. It offers WRX, which is a digital coin created by the exchange. Credit card deposits are not allowed on the Wazirx platform.
Earlier, Wazirx was one of the most popular of all the exchanges. However, there are Wazirx Alternatives for Cryptocurrency Trading in India. There are plenty of options to choose from for getting a digital currency wallet. Understand each wallet and your requirement. Choose the wallet service that matches your requirement best for seamless transactions.
Regardless of which cryptocurrency agency you use, here are a few important steps that have to be done before buying cryptocurrencies:
Create an account with the agency
Meet the KYC requirements
Add the bank account details
Transfer the required amount of money, and you’re all set to trade.
Some crypto exchanges like CoinSwitch allow buying directly using your credit card.
A large number of people have been switching from Wazirx to CoinSwitch. CoinSwitch is world’s largest aggregator of cryptocurrency exchanges and provides some of the best methods to get cryptocurrencies. It has all the digital currencies under one roof, and it also allows you to exchange between currencies as well. Hosting more than 300+ cryptocurrency pairs, this is one of the most credible platforms for cryptocurrency trading.
CoinSwitch provides a much simpler and easier way of trading through global exchanges like Binance, IDEX OKEx, HitBTC without the need to create an account on these platforms. Customer service is another plus point of CoinSwitch, and it offers 24/7 chat support to the users. The excellent customer support team guides you through the process or help you resolve issues that you may face during transactions.
CoinSwitch is amongst the most trusted crypto exchanges in the world and a one-stop destination to buy, sell, trade any cryptocurrency by using a credit card.
CoinSwitch charges a very small fee of 0% to 0.49% depending on the crypto exchange you are using to transact. The transaction process is very simple and involves only two steps. First, you submit your KYC and get verified to sign up. You can track your transactions in real-time using your order ID.
CoinSwitch can be accessed across multiple devices, including your desktop, mobile phone, and tablets, and it works smoothly in all of them. The Andriod app can be downloaded from the Google store.
CoinSwitch’s user interface is designed, keeping in mind the challenges faced by beginners in trading. It is loved by beginners and professional traders alike. The processing is quick, and the intelligent bots help users to compare and find the best exchange rate possible.
Every crypto exchanges may have unique benefits, but if you are looking for an all-rounder who can deliver multiple benefits, then CoinSwitch is worth considering. It is a secure, fast, user-friendly, knowledge provider, and has low transaction fees.
KuberVerse is an educational initiative. Anything expressed here directly or indirectly is not investment advice. And we ask you to do your own research before investing.