CoinSwitch becomes first crypto platform in India to reach 2 crore users (2024)

FAQs

CoinSwitch becomes first crypto platform in India to reach 2 crore users? ›

CoinSwitch, a leading cryptocurrency trading platform in India, has achieved a remarkable feat by surpassing 2 crore (20 million) registered users. This milestone, reached on March 6, 2024, marks the first time an Indian crypto platform has achieved such a significant user base.

The first cryptocurrency exchange in India was established in 2013, with the launch of Unocoin, India's first Bitcoin exchange and merchant processor. Since then, several other cryptocurrency exchanges have emerged in India, including Zebpay, Pocket Bits, Coinsecure, Koinex, and others.

The journey to make money equal for all began in 2017 with just a handful of us. CoinSwitch is now India's largest crypto app with over 2 Crore+ users and more than 500 employees. We're backed by some of the world's leading investors including a16z, Tiger Global and Sequoia Capital India.

In conclusion, the best crypto exchanges in India include Mudrex, CoinDCX, CoinSwitch, WazirX, ZebPay, and BitBNS based on several factors like ease of use, security, fees, coin availability, and more. Each crypto exchange has its strengths and weaknesses, catering to various needs and preferences.

CoinSwitch is one of the largest, safest, and most reputed crypto exchanges in India. CoinSwitch ensures the security of investments with its excellent security practices and impeccable customer support.

Bombay Stock Exchange (BSE) in Mumbai, founded in erstwhile Bombay, is the oldest and one of the two principal large stock exchanges in India. It has a market cap of $3.3 trillion. India Commodity Exchange ICEX short for Indian Commodity Exchange Limited, is a leading commodity derivatives exchange in India.

Two months later, on March 17, 2010 Bitcoinmarket, the first cryptocurrency exchange went live. Prior to dwdollar's exchange there was no real consensus regarding the value of BTC. However when Bitcoinmarket first went live Bitcoin was priced around $0.003.

Ashish Singhal is the co-founder of CoinSwitch, India's largest crypto platform with over 2 crore registered users and Group CEO of PeepalCo. Founded in 2017, Coinswitch provides a simple and secure platform for users to trade in crypto.

CoinSwitch provides 24/7 customer support with minimal fees for trading, deposits, and withdrawals, making it one of the best crypto trading platforms in India.

GanderCoin :India's First Digital Coin.

Which crypto is famous in India? ›

These are some of the hottest crypto projects viewed recently by users from India. The list is ranked by popularity, and last updated on 15 June 2024. The top trending cryptocurrency in India is DexCheck AI. Click on the coins below to learn more about the price and market data.

In this aspect, Coin Switch Kuber charges nothing for withdrawing & depositing money to their application, but they do've hidden charges. Whenever you purchase a cryptocurrency on Coin Switch, the company deduct 1- 2 percent from the cost of the purchase.

1.CoinSwitch

CoinSwitchis the largest crypto company in India, with over 2 crore registered users and has emerged as a customer favorite because it distinguishes itself from the other Indian exchanges by aggregating liquidity from several leading Indian and foreign exchanges.

CoinSwitch Kuber: Focuses on simplicity and is particularly designed for beginners, emphasizing an easy trading experience with a mobile-first approach. Binance: Known for its robust and feature-rich platform, Binance caters to users of all levels, offering a comprehensive suite of trading tools, charts, and options.

Yes, You can invest in Ethereum , and users can purchase and sell it on the CoinSwitch – One of the Most secure crypto exchange in India.

During 2013-17: The duration 2013-17 can be seen as a starting of cryptocurrency trend in India.

Internet trading started in India on 1st April 2000 with as many as 79 members seeking permission to do so. Geojit Securities was the first to go online. On February 1, 2000, the National Stock Exchange (NSE) opened up the internet-based trading system for its members, the first stock exchange in India to do so.

Aditya Singh, co-founder of Crypto India, agrees. India has the opportunity to capitalise on this new technology and market. Around 900 startups in India are building on crypto, but a lack of clarity on regulation is making it difficult for them to function, he says.

The Crypto Indian Coin (CIC) is a fully decentralized cryptocurrency project belonging to the Crypto Indian platform.