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Zero-fee Bitcoin Trading Announced by CoinSwitch

To boost people to trade in crypto and attract investors, CoinSwitch has announced Zero-fee Bitcoin trading for a limited period.

Bitcoin which is the largest traded cryptocurrency has a trading volume of ₹2,464,541,538,278 and is currently priced at Rs. ₹1,781,262.

The users who have fully verified KYC (Know your client) and Indian Bank account can trade their bitcoin for zero fees.

Also, this offer can be availed by all kinds of traders as there is no upper and lower limit on the order value.

Additionally, the zero-fees offer applies to all transactions, including SIP, Limit orders, and other promotional activities provided by CoinSwitch.

About CoinSwitch

CoinSwitch, founded in 2017, is the largest crypto app in India. The company boasts big investors like a16z, Tiger Global, and Sequoia Capital.

Apart from being an investment platform, CoinSwitch seeks to provide education by the medium of videos and content to make users aware of all the new updates related to cryptocurrencies.

CoinSwitch currently provides two products:

1.Crypto Rupee Index (CRE8): Indian rupee denominated, a well-diversified Virtual Digital asset index reflecting Indian market conditions. The index is calculated on the weighted market capitalization methodology. 

2. SIP: Systematic Investment Plan helps buy crypto monthly on a fixed date. It helps in compounding the gains by rupee cost averaging. The minimum amount that can be invested is Rs.100, and one can go upto the maximum amount of Rs.2,50,000.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.