Bengaluru, 15th January 2024: CoinSwitch, India’s largest crypto trading platform, recorded a sequential growth of 200% in trading volumes in Q3 2023, as Indian crypto investors turned bullish ahead of major events such as the launch of Bitcoin ETFs, the 2024 Bitcoin Halving, and improving macroeconomic conditions.
To incentivize responsible trading, the platform has announced a 2% guaranteed cashback for crypto deposits to CoinSwitch PRO, an advanced trading platform where users can trade across multiple exchanges with a single account. CoinSwitch is registered with the Financial Intelligence Unit-India (FIU-IND) and fulfills comprehensive KYC and transaction monitoring in adherence to the AML-CFT risk-mitigation mandated by the PMLA Act.
“Bitcoin ETFs and Halving are two much-anticipated milestones for 2024. The market has rallied over the quarter due these tailwinds, and all our internal tracking metrics are going upward. The momentum is expected to continue as 2024 promises to break free from any remaining bearish sentiments,” said Balaji Srihari, Business Head, CoinSwitch
At CoinSwitch we have significantly improved trade experience and interface for users to ensure higher satisfaction. We also began a slow roll out of crypto deposits for over 100 crypto assets on CoinSwitch PRO to enable users to secure their funds in a platform that is fully compliant with the Indian rules and regulations,” Balaji added.
To know more please visit: https://coinswitch.co/pro/crypto-deposit
