In a bid to bring transparency and simplicity in the trade of crypto-assets, Bangalore-based CoinSwitch has unveiled its operations in India.
CoinSwitch is a blockchain-based crypto-currency exchange aggregator platform that presents users with a one-stop solution for buying, selling or converting crypto-currencies across all partner exchanges. CoinSwitch users need not sign-up at multiple exchanges and yet, compare different prices and strike the best bargains.
The aggregator platform further helps users diversify their investments in various leading crypto-assets by supporting over 100 cryptocurrencies in India and 300 across the globe including altcoins, tokens like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) etc.
Users can use CoinSwitch also to convert their existing crypto-asset in other pairs. The platform currently supports over 7,000 currency pairs in India and over 45,000 across the globe. Owing to its diverse offering, CoinSwitch has been successful in clocking in daily trade volumes worth over $1 Million.
“We have started CoinSwitch with a vision of making it easier for everyone to transact in crypto-currencies. We are further driven to bring transparency and trust in such transactions, giving the ultimate decision-making power to the consumers, aiding them with real-time charts and crypto-currency prices. The same reflects in the daily volumes that we are able to clock-in, spanning over one million per day. We owe this success to our partners and users who have decided to put their faith in our platform and are hoping for a positive response in years to come as well,” said Ashish Singhal, Co-Founder and CEO of CoinSwitch.
The founding team of CoinSwitch hails from established tech conglomerates like Microsoft, Amazon and Zynga.
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