![]() There are over 200 crypto tokens to trade on the app, and to get started is easy. CoinDCX claims to be trusted by over 4 million Indian users for their cryptocurrency investments. While the Paytm Money app does provide users a good investment experience through infographics and some basic features, the analysis above establishes Groww to be the better app with robust features and an easier-to-use interface.CoinDCX is a seamless, easy-to-use and versatile crypto trading app. Groww is more user-friendly and simpler in its design. ![]() Groww app has a better Play Store rating (4.6) than the Paytm Money app (4.3), and 3rd party reviews also recommend Groww as having the edge over Paytm Money, particularly for users who are new to investing. Groww, however, does offer a detailed FAQ section to cater to most user queries before they decide to mail the support team.īoth apps are registered with SEBI and redirect users to the asset management company for transactions, meaning they do not, at any point, hold the user’s money. Neither app provides a customer care number for you to talk to regarding issues, and you can only contact the support team via email. The apps do levy transaction fees while users invest (depending on which AMC the user deals with) and is the same for both apps. Verdict: Groww wins Transaction & service chargesīoth apps are currently free for users to register and start using the features. Thus, the Groww app does have a marginal advantage. ![]() The Groww app also provides a short description of the various features it offers, to ensure users do not get confused, a problem that users of the Paytm Money app may face. The Groww app offers the added luxury of using the phone’s fingerprint scanner to provide secure access to the app, which is not available on the Paytm Money app. Both apps also have easy-to-navigate quick action bars and compact views for the user to access all options in one go. However, Groww does offer a more robust set of features relevant for users to help them with their investments.īoth apps have a fairly simple user interface with easy-to-comprehend user flows, making it feasible for users to navigate and explore through the app. Paytm money, on the other hand, is more graphical and offers some key features of its own such as allowing users to shortlist funds under a watch list for them to track their preferred funds and their NPS offering, which helps users plan for a life post-retirement. Currently, there seems to be no option to invest in individual equity stocks via Paytm Money, which could be a factor for users looking to invest in both mutual funds and equity.
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