QUESTION
What is CoinSwitch and how does it work?
ANSWER
CoinSwitch is a cryptocurrency exchange aggregator that provides users with the platform to convert one type of cryptocurrency into another across various exchanges without having to create an account on those individual exchanges. It works by aggregating the data from multiple leading exchanges to show users a comparative list of rates at which they can trade their digital assets. Once a user selects the best available rate, CoinSwitch directs them to the respective exchange through a simple and intuitive interface, managing the trade process, making it seamless for the user. This model enables users to benefit from the best possible rates without the hassle of monitoring multiple exchanges or creating numerous accounts.
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