India's CoinSwitch Launches Platform "CoinSwitch Pro"

CoinSwitch Pro Allows Trading Crypto Assets
Launch of Non-Crypto Service

Coinswitch, an Indian cryptocurrency exchange, has introduced CoinSwitch Pro, a multi-exchange trading platform. The crypto exchange asserts that customers can trade cryptocurrency assets in Indian Rupees across several exchanges with a single login on the site.

The business stated that the newly introduced trading platform would enable users to find, analyze, and reap the benefits of arbitrage possibilities, and manage assets in a consolidated portfolio.

CoinSwitch Pro Allows Trading Crypto Assets

According to Ashish Singhal, co-founder and CEO of the exchange, CoinSwitch Pro will allow Indians to trade crypto assets on a KYC-compliant network in a manner never before possible. The goods available in India do not adequately assist cryptocurrency traders. With CoinSwitch Pro, the exchange intends to advance the trading process and give users new ways to earn by supporting them in identifying and leveraging the price action of cryptocurrencies across a number of exchanges at once.

Launch of Non-Crypto Service

The business claimed in the announcement without going into further detail that the exchange also intended to introduce its first non-crypto service by the end of March.

In September 2021, the exchange received US$260 million in Series C investment from Coinbase Ventures and Andreessen Horowitz (a16z), valuing the company at US$1.9 billion. Tiger Global, Sequoia Capital India, Ribbit Capital, and Paradigm are some of the investors in the firm.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

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India's CoinSwitch Launches Platform "CoinSwitch Pro"

Gungun Bhatia

Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.