India’s CoinSwitch launches platform to enable multi-exchange trading with single login
Indian crypto exchange CoinSwitch has launched CoinSwitch Pro, a multi-exchange trading platform that lets users trade crypto assets in Indian Rupees across multiple exchanges with a single login.
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CoinSwitch Pro will also allow users to “discover, compare, and take advantage of arbitrage opportunities, as well as manage investments in a unified portfolio,” the company said in a statement emailed to Forkast on Wednesday.
“We believe crypto traders are currently underserved by products in India,” said Ashish Singhal, co-founder and CEO of CoinSwitch.
“With CoinSwitch Pro, we want to help traders discover and leverage the price movement of crypto assets across multiple exchanges simultaneously, creating new opportunities to make profits,” he added.
CoinSwitch is also planning to launch its first non-crypto offering by the end of March, the company said in the statement without providing more details.
CoinSwitch raised US$260 million in a Series C funding from Coinbase Ventures and Andreessen Horowitz (a16z) in September 2021 to become a crypto unicorn with a valuation of US$1.9 billion.
The company’s investors include Tiger Global, Sequoia Capital India, Ribbit Capital, and Paradigm.
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