CoinSwitch, founded in 2017, stands as a pioneering entity in India's fintech landscape, notably recognized as the country's first crypto app with over 2.5 Crore users. Its bold slogan, "India’s First Crypto App with 2.5 Crore+ Users," emphasizes its widespread adoption and market relevance.
Offering an advanced trading platform with the lowest commissions, CoinSwitch supports multiple exchanges, accommodating both retail and institutional investors. The platform features a wide array of trading options, including futures, spot, and options trading, and provides access to Web3 coins and tokenized stocks in INR. A commitment to security bolsters its service, meeting global compliance standards to ensure a secure trading environment.
With a remarkable trading volume exceeding ₹8.7 Lakh Cr+ and a listing of over 400+ coins, CoinSwitch showcases its substantial market impact. This growth trajectory attracted a significant $260.00M Series C investment in October 2021, led by high-profile investors such as Ribbit Capital, Andreessen Horowitz (a16z), Coinbase Ventures, Paradigm, Tiger Global, and Sequoia.