In this article, I will focus on SunCrypto, which is one of the top cryptocurrency exchanges due to its simple-to-use interfaces and reasonable fee policy.
SunCrypto tries to reduce the barriers of trading for novice as well as expert investors by including a variety of options and high levels of security features.
The examination of SunCrypto’s main characteristics and services will contribute to understanding its place in the modern crypto exchange industry.
Introduction
SunCrypto is an innovative and resourceful company that aims to make trading cryptocurrency easier for investors and traders.
From its inception, the company envisioned a platform that would not be difficult to use and help with digital investments.
In the case of SunCrypto, what is rather uncommon among cryptocurrency exchanges is the emphasis on inclusive finance, whether the user is a novice or an advanced one.
SunCrypto, too, is a part of the system and watches the market and the other leading companies.
Nevertheless, as a new generation of investment apps raised and reshaped the expectations of investors, SunCrypto improved its offer as well.
Going one step further towards meeting the demands of the changing clientele, SunCrypto has included sophisticated technical elements so that it would comply with the level of American and Swiss companies.
These loans sought to make SunCrypto fully compliant with the world’s best standards of crypto exchange technologies.
SunCrypto Profile
| Company Name | SunCrypto |
| Categories | Cryptocurrency Exchanges |
| Website | https://suncrypto.in |
| Year Founded | N/A |
| Headquarters | Jaipur City, Rajasthan, India |
| Deposit Fee (Bank Transfer) | 0% (at least 100 INR) |
| Trading Fee | 0.2% – 0.5% |
| Mobile Support | Yes |
| Withdraw Fee | 0% (at least 100 INR) |
How to Sign Up on SunCrypto Exchange?
In order to register on the SunCrypto Exchange, you need to follow these processes-
Visit the SunCrypto Website
Visit the official website for the SunCrypto Exchange and click on the ‘Sign Up’ button, which is mostly located at the upper right part of the front page.
Fill in Your Information
Complete the information, such as your email, password, and all the other details that call for your attention. Do Not Forget to create a strong password that will keep your account safe.
Confirm your Email Address
A confirmation email shall be sent to you once you have filled in all the necessary fields. Activate your registration by clicking on the link in the email sent.
Time to perform KYC Verification
Due to the rules, undertake KYC and attach a photocopy of an ID and a selfie.
Securely setup a Two-Factor Authentication (2FA)
For the sake of your security, you are able to prepare your account for an additional layer of protection by setting up a two-factor authentication 2FA; an application such as Google Authenticator will be used for this purpose.
Start Trading
Upon approval of your account, deposit money into it and start looking for a trading opportunity on SunCrypto Exchange.
SunCrypto Exchange Fees
The traders should be aware of the fee structure of the exchange they settle on, and this is because SunCrypto seeks to make their fees simple by allowing the participants to trade freely without worrying about the masking fees.
Clearly outlined charges accompany different transaction types, as users never have to guess the probable amount of money they will part with.
As goes within the financial service provision industry, integrity is important, and more so when dealing with customer engagement; SunCrypto is opposed to the kind of practices that used to be quite common in the industry.
At SunCrypto Trade, every detail counts, and the clients’ clear fee policy protects the traders from the risk of unexpected trading costs, which enables the traders to concentrate on their strategies without the fear of surprise costs.
| Data Type | Fee |
|---|---|
| Deposit Fee (Bank Transfer) | 0% (minimum 100 INR) |
| Trading Fee | 0.2% – 0.5% |
| Withdrawal Fee (Bank Transfer) | 0% (minimum 100 INR) |
Many different sorts of cryptocurrencies may be withdrawn, and they all incur varying withdrawal fees. Sun Crypto charges 0.0006 BTC as a withdrawal fee for Bitcoin, which is significantly high at 59.10% (0.000377) relative to the average in the industry.
This also indicates that it is possible that, although not clearly stated, other coin exchanges that the SunCrypto applies may also be at a higher rate, making the users less viable.
How Many Types of Trading Options Available
Spot Trading: Cryptocurrencies are traded at current market prices. Forex traders prefer this type of trading when they want to perform some activities immediately at the current rate.
Limit Orders: Enable traders to set a specific target for buy/sell orders and wait for the market to reach that target before executing the transaction.
Unlike the spot market, the buyer/seller will have to wait until their specified entry/exit price is met.
Market Orders: Any trader can place orders instantly at the best-prevailing price in the market.
This particular alternative presents itself to traders looking to make perforations without setting prices and waiting for them to be met.
SunCrypto Exchange Features
Secured & Insured
They store 80% of cryptocurrencies in a secure cold wallet. Cold storages are secured & insured by Ledger.
Fast Transactions
Sun Crypto can handle Millions of transactions. This system infrastructure can scale up in a few seconds to match surging demand.
Simple & Easy Usable
Trading on the Suncrypto platform is a super fast experience. We’ve built technology used by Millions, and that experience has helped us build this powerful exchange.
Instant Trading
Trade instant 150+ cryptocurrencies in a single click.
Best Price
Trade all cryptocurrencies with high liquidity.
Trust
More than 10lac+ Indians had faith and traded for hundreds of crores.
SunCrypto Exchange Android & IOS Mobile App
With regard to mobile solutions, SunCrypto provides mobile apps for both Android and iOS, which allows the traders to access their accounts wherever they are.
The applications have also been developed with a simple interface, which makes it easier to trade as it enables the users to administer their accounts, make trades and track the market using their mobile phones.
The SunCrypto mobile apps are equipped with up-to-date information and secure aspects that enable the enhancement of trading activities. In contrast, on the move, even to facilitate interaction with the crypto trading sphere at one’s fingertips anytime one so wishes.
SunCrypto Restricted Countries
Just like others, SunCrypto as a platform has locations that may have legal implications regarding its use to remain in compliance with local laws.
However, I couldn’t find a list of restricted countries for SunCrypto services, it, however, has to be stated, operating in some regions has been prohibited or restricted altogether due to cryptocurrency’s activities.
For example, Australia is not able to run any business activities in this location.
China has gone a step further with the prohibition of a blanket ban on all forms of crypto served in its territory.
Even Nepal and Bangladesh, which already have nationwide restrictions, have banned the use of virtual currency.
Even in severe cases, such as in some countries in Africa, other countries in these parts of the world have basically banned cryptocurrency usage.
Is SunCrypto legit?
SunCrypto is obviously a legit crypto platform with non-ambiguous fees and an intuitive interface.
It ensures the confidentiality of funds and personal data by using encryption of the highest order and two-step verification of the user.
This crypto platform works in accordance with laws and regulations, and they provide necessary and, most importantly, point information about stickers’ cost and services.
Though reading research papers or looking at user reviews is the best practice, in general, there is always hope when it is said that there is transparency and security offered in SunCrypto, forcing it to be a safe option while trading with cryptocurrency.
SunCrypto Customer Support
Customer service is an integral part of any service-oriented organization. SunCrypto does not fall short in this area since it provides rapid and professional assistance regarding any queries or problems users may have.
The staff of SunCrypto is made up of employees as well as active and professional crypto traders who have extensive market knowledge so that users are able to effectively and adequately receive help.
SunCrypto has a professional support team, which can be compared to the service of top executives, where every interaction with clients is treated as a top priority.
The support team includes professional traders in the field of cryptocurrency trading, which shows SunCrypto’s willingness to offer genuine assistance, with attention to detail, to its viewers.
Such professionals not only serve as employees but also serve as user rights defenders, treating user-related issues with the same seriousness as internal problems.
SunCrypto Alternative Exchanges
WazirX
It is a major passionate Indian exchange with a huge range of cryptocurrencies.
This exchange has an intuitive interface, low commissions and a connection with Binance for additional trading capabilities.
Also, it allows users to deposit and withdraw money in INR within the system aimed at the Indian audience.
CoinDCX
CoinDCX is noted for its many cryptocurrencies as well as decent fees and deep liquidity.
It offers spot and margin trading to all customers, meaning that newcomers, as well as affluent traders, will have their needs met.
ZebPay
Other than providing rich trading features of many cryptocurrencies, it’s worth noting that ZebPay is one of the oldest exchanges in India.
It has great security policies and has been able to include INR transactions while focusing on regulation and care of its customers.
Conclusion
To sum up, SunCrypto Exchange is easy to use, operates under reasonable fees, and allows users to do a number of different trades; thus, it will suit both beginners in the market and its professionals.
Focusing on safety and prompt feedback, Mongol can be designated as a trustworthy platform for crypto trading.
Nevertheless, many will appreciate the clarity of its prices and the abundance of responsive support, and some people may still want to look for other exchanges to pursue more convenient ones.
In conclusion, SunCrypto’s specifications and services ensure that it would compete effectively in the crypto exchange market.
