by BuyUcoin crypto exchange app review, compiled here. BuyUcoin is a crypto trading app that was established in 2016. This crypto trading app gives the users a chance to trade in India and other parts of the world.
This platform has a variety of great features such as low pricing, bonuses, variety of payment methods, and more. Today, it has over 250,000 registered users. The number of users is influenced by their services and programs that attract more customers.
They have things such as a referral program to attract more users into this platform. However, this platform also has some downfalls which many customers don’t like. We have gathered some information about the BuyUcoin crypto exchange app.
Also read 6 Best legal crypto trading apps in India
We will be talking you through a review of BuyUcoin crypto exchange app. You will be able to see the most important information before selecting this trading app. We have handled the trading experience, pricing, customer support, security, cryptocurrencies available, and more. Apparently, those are the most important topics you need to know in any crypto trading app. Before that, let us take a look at some of the important information about this crypto trading app. The information is as follows.
Table of Contents
Important information about BuyUcoin
Here we have some general information about BuyUcoin. We thought the following information might be helpful to you before taking you through the features of this crypto trading app. We have indicated the process of signing up into this crypto trading app. Additionally, we have checked their return policy, and kyc verification.
How to sign up
You can sign up in BuyUcoin crypto exchange app by visiting their website. You will fill in their create account form with a valid email and a password. You may also fill other details like your name and phone number. Thereafter, you will verify your email address, then you’ll be allowed to make your first deposit. We’ve listed the deposit methods in our review below. After completing those processes, you are now set to start trading.
Also read How to securely store and invest in cryptocurrency
BuyUcoin return policy
Users in this platform can withdraw their money, either in full or part of it. They’ll just have to adhere to the withdrawal limit. Users can also purchase digital assets in form of currencies. The most common currencies used is USD/INR. The respective amount the user has requested will be automatically credited to their user wallets.
Kyc verification
BuyUcoin crypto exchange app will require you to complete kyc verification. You will verify your identity through kyc process which normally comes after email verification. Thereafter, you can start trading with ease.
Trading experience
BuyUcoin is striving to provide a user friendly trading experience. They have a wonderful interface and helpful tools for both experienced and beginners. Thanks to their high level of convenience and a great design to allow used trade with ease. BuyUcoin have developed a mobile app for both android and iOS devices.
You can download the app in both Google play and app store and enjoy a quick and simple interface. The mobile app has all the tools you’ll require in trading. Additionally, the mobile app may seem to be better than the website. The mobile app is easily accessible as well as compatible.
BuyUcoin pricing
When using BuyUcoin crypto exchange app, expect fees that are competitive in the industry. Their fee is not that bad and it can encourage users to participate more in trading.
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The taker and maker fee of BuyUcoin is about 0.24%. The withdrawal fee in this platform will depend with the type of cryptocurrency. Moreover, their withdrawal fee is fixed and not calculated in percentages. For instance, the average withdrawal fee in BTC is 0.00053.
Deposit and Payment methods
The main deposit and payment method is bank transfer. The other methods offered by BuyUcoin are debit card, credit card, UPI, and cryptocurrency. Therefore, you can make payments using those methods.
Customer support
This platform has several methods of offering help and support to it’s customers. Apparently, the users can reach them via various social media platforms. They have accounts in community platforms such as Instagram, Telegram, Facebook, X(twitter), linkedin, Reddit, and more.
In case you have an issue, you can open a support ticket to find some help. Additionally, you can go through their help center articles to find some answers to your queries. They also have an email address, that is support@buyucoin.com.
Bonuses and Promotions
This platform has a variety of bonuses and promotions to both new and old users. The new users may receive free bitcoins worth 100 INR when they sign in. Moreover, this platform also has a referral program to allow the customers to earn extra income.
They also offer scratch cards rewards in form of free bitcoin. They also have weekly offers to both new and existing customers. They may earn free bitcoin from the weekly offers and upto 50 cryptocurrencies.
Security and safety
This crypto exchange app has several security and safety measures in place. One of the security measures that they have implemented is 2FA which protects the information and assets of their users.
The users passwords are hashed and encrypted to ensure that no one logs into your account easily. They will also store most of your assets in cold storage, hence ensuring what you have is safe and secure.
Also read How to securely store and invest in cryptocurrency
Cryptocurrencies available
BuyUcoin crypto exchange supports more than 175 cryptocurrencies. The platform has some of the main cryptocurrencies available. Some of the popular cryptocurrencies are bitcoin, Ethereum, solana, BNB, XRP, Dogecoin, Toncoin, Cardano, Litecoin, Avalanche, Uniswap, Pepe, Aptos, and more. Therefore, you have a chance to select one from the above list and many more.
Countries available
The primary country of BuyUcoin crypto exchange app is India. This platform has not yet spread into many other countries. So far the Indian investors have maximum opportunity to use this platform.
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They need a mobile number starting with +91 in order for one to create an account. However, we have some Indian crypto trading apps that are open to non residents. For example, the wazirx, zebpay, unicorn, and more.
