CoinSwitch

CoinSwitch is Bengaluru-based financial technology company that has developeddeveloping a mobile app for cryptocurrency investing. It was founded in 2017 and is funded by investors such as Andreessen Horowitz, Sequoia Capital, Paradigm, Tiger Global Management, Kunal Shah (founder of CRED and Freecharge), and Ribbit Capital. The stated goal of the company is to build a platform that democratizes investments for everyone in India.

Following the Supreme Court of India's abolishment of the Reserve Bank of India's circular banning of banks from facilitating cryptocurrency transactions, the CoinSwitch app was launched on June 1, 2020, by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni. Within the first year of its launch, it is estimated that approximately 1 million users signed up for the app and collectively invested over ₹2,000 crore (USUSD$270 million). As of 2022, there are more than 19,000,000 have signed up to use the app.

CoinSwitch is an's app-based cryptocurrency exchange platform is exclusive to the Indian market for retail investors. Available as a mobile application, itIt supports trade in 100+ cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and Dash, and others using Indian Rupees (INR). The app is available on Android and iOS. With the app, users can buy, sell, and hold their cryptocurrency assets.

The app features the Crypto Rupee Index (CRE8), which is a virtual digital asset index reflecting Indian market conditions for cryptocurrency. Users can view insights into the market, such as how much cryptocurrencies, such as Bitcoin, are worth in INR.

CoinSwitch also has a feature called Systematic Investment Plan (SIP). It is intended to help users set up an account that will automatically buy cryptocurrency for a fixed amount each month. Users can invest in cryptocurrency by allowing the app to access their digital wallet on CoinSwitch.

Why trade in Crypto?

Cryptocurrencies are what stocks were centuries ago; they are the new-age asset class growing at a pace never seen before. Having successfully surpassed almost all trading instruments in terms of returns, they are on their way to becoming the go-to asset class, with around 15 million Indians trading in Cryptocurrencies. Start your trading journey now!

The app features the Crypto Rupee Index (CRE8), a virtual digital asset index reflecting Indian market conditions for cryptocurrency. Users can view market insights, such as how much cryptocurrencies, such as Bitcoin, are worth in INR.

CoinSwitch's Systematic Investment Plan (SIP) is a feature intended to help users set up an account that will automatically buy cryptocurrency for a fixed amount each month. Users can invest in cryptocurrency by allowing the app to access their digital wallet on CoinSwitch.

Why trade in Crypto?

Cryptocurrencies are what stocks were centuries ago; they are the new-age asset class growing at a pace never seen before. Having successfully surpassed almost all trading instruments in terms of returns, they are on their way to becoming the go-to asset class, with around 15 million Indians trading in Cryptocurrencies. Start your trading journey now!

CoinSwitch Kuber is an app-based cryptocurrency exchange platform exclusive to the Indian market for retail investors. Available as a mobile application, it supports trade in 100+ cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Dash and others using Indian Rupees (INR). The Kuber app is available on Android and iOS.

CoinSwitch Kuberis Bengaluru-based financial technology company that has itsdeveloped heada officemobile situatedapp for incryptocurrency Bengaluruinvesting. It was founded in 2017 and is funded by investors such as Andreessen Horowitz, Sequoia CapitalSequoia Capital, ParadigmParadigm, Tiger Global ManagementTiger Global Management, Kunal ShahKunal Shah (founder of CRED CRED and FreechargeFreecharge) and Ribbit CapitalRibbit Capital. For the Financial Year 2020-21, CoinSwitch Kuber reportedThe $8stated milliongoal in profits. CoinSwitch,of the company behindis theto build a platform, hasthat processeddemocratizes overinvestments $5for billioneveryone in cryptocurrency transactionsIndia.

Post the Supreme Court of India abolishing of RBI’s circular banning banks from facilitating cryptocurrency transactions, the CoinSwitch Kuber app was launched on June 1, 2020, by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni. The founders had previously founded CoinSwitch in 2017 which supported crypto-to-crypto trades and catered to users in 160+ countries. Prior to 2017, they worked in product development and tech teams at Amazon, Microsoft and Zynga. They founded CoinSwitch in 2017. In 2020, they launched CoinSwitch Kuber, exclusive to India, with a primary motive of simplifying crypto trading.

CoinSwitch Kuber signed up around 1 million users within the first year of launch, inviting investments over ₹2,000 crore (US$270 million). CoinSwitch's trading volumes in the Indian market had increased 500 percent in a year by March 2020, according to estimates. As of April 2021, the company caters to 4.5 million users.In January 2021, CoinSwitch Kuber raised US$15 million (₹109 crores) in a Series A round led by Ribbit Capital, a global fintech and crypto investor, and Paradigm, a San Francisco-based crypto oriented investment company. In April 2021, CoinSwitch Kuber raised $25 million in its Series B round led by Tiger Global, at a valuation of $500 million, making it the highest funded cryptocurrency exchange in India.

Following the Supreme Court of India abolishment of the Reserve Bank of India's circular banning of banks from facilitating cryptocurrency transactions, the CoinSwitch app was launched on June 1, 2020, by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni. Within the first year of its launch, it is estimated that approximately 1 million users signed up for the app and collectively invested over ₹2,000 crore (US$270 million). As of 2022, there are more than 19,000,000 signed up to use the app.

How to use CoinSwitch

CoinSwitch is an app-based cryptocurrency exchange platform exclusive to the Indian market for retail investors. Available as a mobile application, it supports trade in 100+ cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Dash, and others using Indian Rupees (INR). The app is available on Android and iOS. With the app, users can buy, sell, and hold their cryptocurrency assets.

The app features the Crypto Rupee Index (CRE8), which is a virtual digital asset index reflecting Indian market conditions for cryptocurrency. Users can view insights into the market, such as how much cryptocurrencies, such as Bitcoin, are worth in INR.

CoinSwitch also has a feature called Systematic Investment Plan (SIP). It is intended to help users set up an account that will automatically buy cryptocurrency for a fixed amount each month. Users can invest in cryptocurrency by allowing the app to access their digital wallet on CoinSwitch.