CoinSwitch Kuber disables INR deposit: Why is the app's deposit not working?
CoinSwitch Kuber's application currently does not allow INR deposits. The organisation has spoken out about the issue. Continue reading to find out.
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The organisation responds to the CoinSwitch Kuber deposit problem.
CoinSwitch Kuber, which now has 120+ employees and over 4.5 million users on the site, has provided users with a clean UI and UX interface in contrast to some of its rivals. The application is ideal for beginners who are unfamiliar with the cryptocurrency sector. However, the organisation announced on all of its social media accounts that the INR deposit in the CoinSwitch Kuber app had been disabled.
According to social media reports, the organisation disclosed that the issue with the CoinSwitch Kuber deposit not working is due to certain issues on the part of their banking partner. The post said - "We have temporarily disabled all INR deposits due to inevitable issues on the part of our banking partner. We apologise for any disruption this has caused, and our team is working hard to resolve this as soon as possible. We will post an update here as soon as the INR deposits are re-enabled ".. Since then, the organisation has not replied to the request to disable the INR deposit app. Users are hopeful that the issue will be resolved shortly.
Aside from that, CoinSwitch Kuber's Zero Brokerage strategy is a blessing for many new crypto investors. Although CoinSwitch Kuber does not charge fees for depositing and withdrawing money from their app, they do have hidden fees. When you buy a cryptocurrency on CoinSwitch, the company deducts 1-2% from the purchase price. Furthermore, CoinSwitch has different prices for buying and selling cryptocurrencies, which is an uncommon activity.
Cryptorian
Salman Ahmed
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