What does CoinSwitch do?

CoinSwitch is an Indian cryptocurrency exchange aggregator founded in 2017 and based in Bangalore. The platform allows users to compare rates across multiple global exchanges and trade over 300 cryptocurrencies with more than 45,000 trading pairs. It aims to simplify crypto trading for retail investors by providing a user-friendly interface and a secure environment. Since its launch, CoinSwitch has rapidly grown, reaching 18 million registered users by 2022 and achieving unicorn status with a valuation of $1.91 billion. The company operates under Bitcipher Labs LLP and employs between 251-500 people. Its core trading platform offers instant buying, selling, and trading of cryptocurrencies with INR, along with features like an order-matching engine and quick deposits and withdrawals. Additionally, CoinSwitch provides REST APIs for programmatic trading, custom crypto exchange setups, and a payment gateway that accepts payments in various cryptocurrencies. The company is focused on expanding its offerings to become a comprehensive wealth tech platform.