CoinSwitch cryptocurrency exchange review
Trade more than 300 cryptocurrencies with no transaction limits.
Founded in 2017, CoinSwitch is an India-based cryptocurrency exchange aggregator that allows users to trade over 300 cryptocurrencies across more than 45,000 currency pairs. It integrates several leading exchanges around the world into its platform to offer fast execution and no trading limits on some of the world’s most popular coins and tokens.
To help you decide whether CoinSwitch is the right crypto exchange for you, we’ve put together this guide to its features and fees.
|Product Name||CoinSwitch Cryptocurrency Exchange|
|Fiat Currencies||USD, JPY, RUB, EUR|
|Cryptocurrencies||BTC, BCH, MIOTA, XVG, NEO, ADA, XRP, TRX, ONT, ZIL & 365+ more|
|Trading Fee||0 - 0.5%|
Which fiat and cryptocurrencies are supported?
- Supported fiat currencies: USD, JPY, RUB, EUR
- Supported cryptocurrencies: Approximately 387 cryptocurrencies
Which payments methods are accepted?
- Credit card
What is CoinSwitch?
CoinSwitch is an all-in-one platform where you can trade cryptocurrencies across a wide range of exchanges. With access to more than 300 cryptocurrencies, here’s what you need to do to place a trade:
- Use CoinSwitch to compare exchange rates across cryptocurrency exchanges and find the best rate.
- Choose your desired currency pair and enter the amount you want to exchange.
- Track your order using your CoinSwitch Order ID.
CoinSwitch is a global cryptocurrency exchange platform that offers its services to users around the world. To find out whether you’re eligible to access the platform from your country of residence, contact CoinSwitch support directly.
How much will it cost me to use CoinSwitch?
The fees charged on CoinSwitch vary depending on the exchange you use to place your transaction. We’ve outlined these charges in the table, but please keep in mind that they don’t include any additional amount charged by the exchange itself.
|KuCoin||0.25% – 0.59%|
|Bittrex||0.25% – 0.98%|
|Cryptopia||0.25% – 0.98%|
|Others||0.25% – 0.98%|
How fast will my funds be available?
CoinSwitch transactions take between 15 and 30 minutes to be processed. Large transactions worth about 1 BTC or more may take longer depending on the size of your transaction and the capacity of the blockchain.
Are there any transfer limits?
CoinSwitch doesn’t impose any minimum or maximum transaction limits. However, if the amount you wish to exchange is too low and isn’t accepted, you’ll need to adjust the amount to make sure it will cover all the network fees a blockchain takes.
It’s also worth pointing out that the exchange you use to place your trade may impose a maximum limit on transaction amounts.
Is it safe to use CoinSwitch?
Before you can place a trade with CoinSwitch, you’ll need to provide the following.
- Your email address
- Your name
- Your date of birth
- Your country of residence
- Your phone number
You’ll also need to verify your email address and phone number.
However, there’s limited information available on the CoinSwitch website about the security features it offers to customers, so do your research before deciding whether the platform is safe to use.
If you have a problem with your account or a question about CoinSwitch, you can contact the support team by emailing firstname.lastname@example.org. Email requests typically receive a response within 12 hours.
You can also access a list of frequently asked questions and an online exchange tutorial, or you can seek further assistance through the live chat feature.
Pros and cons
- Intuitive interface makes the platform easy to use
- Access more than 300 cryptocurrencies across over 45,000 currency pairs
- No transaction limits (except those imposed by individual exchanges)
- Ability to compare and find the best exchange rate
- Quick and convenient to use
- Trading fees vary between exchanges, so make sure you check the fee that applies to your transaction
- Fiat deposits not accepted
If you’d like to register for an account with CoinSwitch, select the “Go to site” link on this page. You’ll be securely redirected to the CoinSwitch website, where you can register for an account by entering your email address and creating a password. You’ll then need to enter your name, date of birth and country of residence, as well as verify your phone number before you can start trading.
At the time of writing, the author holds IOTA and XLM.