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CoinSwitch Becomes India’s First Crypto Platform to Cross 2.5 Crore Users

CoinSwitch, India’s biggest cryptocurrency trading platform, has reached a new milestone with 2.5 crore registered users– becoming the first Indian crypto exchange to achieve this scale. This growth comes with a 2.4x rise in daily average trading volumes in 2025, showing how quickly retail participation in digital assets is rising.

Founded in 2017, CoinSwitch has built a reputation as one of the most easy-to-use and trusted crypto platforms in the country. Its simple app design, secure systems, and investor-first approach have helped millions of Indians begin their crypto journey.

The company credits its success to a strong focus on safety, compliance, and transparency. CoinSwitch is ISO/IEC 27001:2022 certified and registered with the Financial Intelligence Unit – India (FIU-IND), giving users a secure and reliable trading environment-important in a market often known for volatility.

The platform’s rise reflects a larger change in India’s financial landscape. According to a Goldman Sachs report, Indian households are expected to channel USD 9.5 trillion into financial assets over the next decade. While equities will attract a big share, more investors are also beginning to choose digital assets as part of their portfolios.

Commenting on the achievement, Ashish Singhal, Co-founder of CoinSwitch, said:
“From the beginning, our goal has been to make wealth creation accessible to every Indian. Crossing 2.5 crore users is a huge milestone, but what makes it truly special is that many of them took their very first step into crypto with us. That is what keeps us motivated.”

He added that CoinSwitch has also worked on solving India-specific challenges, such as seamless Rupee-based products and making it easier for users to file taxes on crypto gains.

Looking ahead, CoinSwitch says its mission remains the same: to help Indians explore digital assets safely, responsibly, and with confidence. As crypto becomes more mainstream, the company aims to continue its vision of “Making Money Equal for All” by offering innovative tools, financial education, and a strong user-first approach.

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