ABOUT
CoinSwitch company launched in 2017 headquarter is situated in Bangalore. CoinSwitch, a cryptocurrency exchange platform, is a secure and user-friendly platform for buying, selling, and trading in cryptocurrency. The company aims to connect to the millennials and Genz with their extra added features to make trading possible in a better way and for that purpose.
They had Ranveer Singh featured as their brand ambassador. Users of CoinSwitch can buy more than a hundred cryptocurrencies like Bitcoin, Ripple, and Ethereum at the best rates. CoinSwitch offers a simple user interface and a smooth user experience.
COINSWITCH HISTORY
The Employer of amazon and NSIT alumni Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari serve as the company’s CEO and CTO.
In 2018, Sequoia Capital was reportedly investing $1.5 million in CoinSwitch. In the same year, the Reserve Bank of India withdrew the support from the cryptocurrency exchanges and from the people dealing in them. All banks in the country took a step back from the trade, but CoinSwitch was least affected by this step because of its dealing in between cryptocurrencies and not real money.
OBJECTIVE
The objective of the trading is to provide a platform where the users can access variety over their preferred prices. It is a space where trade is turning out to be more customer-centric. With all the required information assembled to a place and a secure payment method, CoinSwitch turned out to be a success.
It simplifies the trading process by gathering all the required data of the interested multi-cryptocurrencies and then comparing all of them together to let the users judge for themselves. The platform has removed the trading limits and offers information about all the multi-exchanges all at once.
Read More: Indian Crypto Unicorn CoinDCX plans to IPO once regulations permit
COINSWITCH ACHIEVEMENTS
In May 2018, the trade on the platform CoinSwitch went up by 1 million USD per day, and from that achievement, Company enabled its users to use credit transactions to trade and exchange. Later that year, The Company joined hands with the cryptocurrency wallet Guarda. It will help users trade in the crypto market using the Guarda wallet balance.
In the same year, Company launched a tool designed to allow website owners to integrate a customized cryptocurrency on the page, Custom Instant Exchange. Tron’s founder Justin Sun, on Twitter, announced that CoinSwitch now backs up TRX cryptocurrency as the platform claims to perform a daily trade of $1 million.
CUSTOMER-CENTRIC
CoinSwitch has now started to charge a fee from 0% to 0.49% from the users. It offers many appealing features to the users, making it their first preference. It is safe as it does not store the user’s fund, and one can only trade by buying and converting coins. Thus, CoinSwitch has minimized the chances of fraud as it does not keep the funds with them.
CoinSwitch has one of the best teams to assist you in case of any dispute. It directly converts and transfers the coins to the users’ wallets. It has an anonymity feature for the people who choose to trade anonymously.
Read More : CoinDCX – India’s First Crypto Exchange Startup making Investing Simple
