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The No 1 Gold Stock for 2019

Buy/Sell/Exchange 400+ Cryptocurrencies on CoinSwitch in 3 Clicks!

Currencies / Bitcoin Aug 06, 2019 - 10:51 AM GMT

By: Ruchi_Mahajan


CoinSwitch is the world’s largest aggregator of cryptocurrency exchanges and the only cryptocurrency trading platform you will ever need.

You can sell, buy over 400 crypto coins and exchange between 45,000 trading pairs within minutes.

Here’s your quick guide to using CoinSwitch

How to buy cryptocurrency on CoinSwitch

Let’s say you want to buy Bitcoin.

  1. First, go to the homepage and choose the buy with Credit Card option. You can use your Mastercard or Visa for this.
  2. You will see how many Bitcoins you can get under ‘Offer’. The minimum limit is 50 USD/EUR and the maximum limit is 20000 USD/EUR. Currently, for 50 USD, you will get 0.00387476 BTC. Enter your Bitcoin wallet address. If you don’t have one, CoinSwitch’s list of recommended Bitcoin wallets will help you find one quickly.
  3. Enter your credit card details and your transaction will be completed.

There is no tedious user verification process on CoinSwitch, unlike other exchanges that can take up to days to verify your credit card and bank account details.

On CoinSwitch, you can currently purchase Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple and Binance Coin.

If you wish to purchase any other coin, you can first purchase one of these coins and then check out the best exchange rates on CoinSwitch and convert it easily.

How to sell cryptocurrency on CoinSwitch

There is no direct way to sell your crypto coin for cash on CoinSwitch but you can exchange your crypto coins for the best exchange rate. Since CoinSwitch fetches all the exchange rates from exchanges all over the world, you will always get the best exchange rate.

You can exchange your crypto coin for Tether for True USD on CoinSwitch without signing up for a user account. Simply enter your details, add a payment method and you are done.

How to exchange cryptocurrency on CoinSwitch

Let’s say you want to exchange Bitcoin with Ethereum. Go to CoinSwitch’s homepage and check out the exchange rate. Note that cryptocurrency is extremely volatile and you may find that the exchange rate has changed during the course of the transaction.

The best rate is automatically displayed. But you can check out other offers by clicking on ‘View All Offers’. Some rates are locked in for 5 minutes or more so even though the rate may change during the transaction, you will still receive the expected amount.

To summarize,

  1. Check out the best exchange rates and select one
  2. Type in your wallet address
  3. Transaction gets completed.

Every transaction on CoinSwitch gets completed in 15 minutes or less unless the transaction size is very large. If you have any questions at all, you can always reach out to the 24x7 customer service available.

By Ruchi Mahajan

© 2019 Copyright Ruchi Mahajan - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

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