We may earn a commission from links on our site, but this doesn’t affect our reviews. Advertiser Disclosure

CoinSwitch Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
CoinSwitch logo
3.00
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit CoinSwitch

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

CoinSwitch stands out as a crypto exchange aggregator, providing a solution for traders looking to access current rates across multiple exchange platforms without having to create accounts on each. While it may not offer the same level of service as a dedicated commercial exchange platform for advanced trading, it serves as an effective gateway for both new and seasoned crypto enthusiasts.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Supports a variety of cryptocurrencies
  • User-friendly interface
  • Quick and easy KYC process
  • Offers mobile app for convenient trading on-the-go
  • Provides competitive exchange rates

Cons

  • Higher fees compared to some other exchanges
  • Limited advanced trading features
  • Customer support can be slow to respond
  • No support for fiat currency deposits in some regions
  • Lack of transparency regarding security measures

Quick Summary

Headquarters Location Bengaluru, India
Fiat Currencies Supported INR
Total Supported Cryptocurrencies 114+
Trading Fees 0% - 0.49%
Deposit Methods Bank Transfer, Cryptocurrency
Support Facebook, Twitter, Instagram, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

CoinSwitch has emerged as a versatile player in the world of cryptocurrency exchanges. Operating as a crypto exchange aggregator, it provides users with the ability to compare prices across different exchanges and find the best possible rates for their trades.

CoinSwitch homepage

CoinSwitch has carved out a niche in the dynamic cryptocurrency exchange landscape by streamlining the process of comparing and trading across multiple platforms. Its aggregator model empowers users by offering a panoramic view of the market, simplifying the decision-making process for investors looking to capitalize on market variations.

As a gateway that bridges the gap between various exchanges, CoinSwitch has adapted to the evolving needs of traders, ensuring that convenience and choice remain at the forefront of its service offerings.

About CoinSwitch

Founded by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari in 2017, CoinSwitch began as a global aggregator of cryptocurrency exchanges. It has since developed into a platform that presents a variety of digital assets for trading.

Its unique selling point is that it collates data from several major exchanges to help users get optimal pricing for their desired trading pairs.

CoinSwitch features

Since its inception in 2017, CoinSwitch has navigated a path through the complex terrain of digital finance, adapting to shifts in market dynamics and regulatory landscapes. This journey has seen the exchange leveraging burgeoning technology trends, such as blockchain advancements and the rise of altcoins, to expand its repertoire of offerings.

The vision of Ashish Singhal and his co-founders was not just to create another cryptocurrency exchange but to craft a platform that would embody adaptability and inclusivity, integrating the pulse of the community into its very fabric. CoinSwitch’s trajectory has mirrored the cryptocurrency market’s exponential growth, reflecting the heightened interest and participation of a global audience in digital asset trading.

CoinSwitch has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Telegram and YouTube.

CoinSwitch has a mobile app on both the Apple App Store and Google Play.

CoinSwitch Supported Cryptocurrencies

CoinSwitch supports trading on over 114 cryptocurrencies on their platform. This exchange currently supports 25 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • Chainlink (LINK)
  • TRON (TRX)
  • Shiba Inu (SHIB)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Toncoin (TON)
  • Bitcoin Cash (BCH)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Ethereum Classic (ETC)
  • Cosmos (ATOM)
  • UNUS SED LEO (LEO)
  • Filecoin (FIL)
  • Immutable (IMX)
  • Aptos (APT)
  • NEAR Protocol (NEAR)
  • Stacks (STX)
  • Bittensor (TAO)

View all cryptocurrencies CoinSwitch supports

  • 1INCH
  • AAVE
  • ADA
  • ADX
  • ALGO
  • ALICE
  • ANKR
  • APE
  • ARB
  • AST
  • ATOM
  • AUDIO
  • AVAX
  • AXS
  • BAND
  • BAT
  • BCH
  • BICO
  • BNB
  • BTC
  • CELR
  • CHR
  • CHZ
  • COMP
  • COTI
  • CRV
  • CTSI
  • DAI
  • DASH
  • DGB
  • DIA
  • DOGE
  • DOT
  • DYDX
  • EGLD
  • ELF
  • ENJ
  • ENS
  • EOS
  • ETC
  • ETH
  • FET
  • FIL
  • FLOKI
  • FTM
  • FXS
  • GALA
  • GAS
  • GLM
  • GMT
  • GMX
  • GRT
  • HBAR
  • ICP
  • IMX
  • IOST
  • IOTX
  • JASMY
  • KNC
  • KSM
  • LDO
  • LINK
  • LPT
  • LRC
  • LTC
  • LUNA2
  • MANA
  • MATIC
  • MKR
  • MTL
  • NEAR
  • NEO
  • NKN
  • NMR
  • OGN
  • OMG
  • ONE
  • OP
  • PEPE
  • POLYX
  • POWR
  • QKC
  • QNT
  • REN
  • REQ
  • RLC
  • RNDR
  • SAND
  • SHIB
  • SNT
  • SNX
  • SOL
  • STORJ
  • SUSHI
  • SXP
  • TFUEL
  • THETA
  • TLM
  • TRX
  • UMA
  • UNI
  • USDC
  • USDT
  • VET
  • WAVES
  • XEM
  • XLM
  • XNO
  • XRP
  • XTZ
  • YFI
  • YFII
  • ZIL
  • ZRX

Trading Experience

The trading experience on CoinSwitch is tailored for ease of use. The intuitive interface is suitable for beginner traders, while the access to a wide range of crypto trading platforms and detailed listings will satisfy advanced traders.

There’s also a focus on facilitating a seamless trading experience without the need for a complex account setup.

The trading experience on CoinSwitch is crafted to cater to a diverse trading community – from those taking their first steps in the crypto world to seasoned professionals seeking depth and variety. What sets the platform apart is its ability to amalgamate a wide range of trading pairs from numerous exchanges, offering an exhaustive selection that allows traders to tailor their strategies to market conditions.

This, combined with a streamlined trading process, fosters an environment where strategic decision-making takes precedence, enabling traders to act swiftly in response to the volatile nature of the crypto market.

CoinSwitch exchange marketing

CoinSwitch Fees

The fee structure on CoinSwitch is designed to be competitive and transparent. While specific numbers are not discussed here, it’s worth noting that fees are integrated into the conversion rate you receive when you execute a trade.

This means you can expect no additional charges beyond the quoted price.

Navigating the cryptocurrency exchange space often involves an intricate understanding of fee structures, which can be a daunting task for many. CoinSwitch addresses this by embedding fees within the conversion rate, eliminating the surprise of additional costs post-trade and fostering a more transparent transaction environment.

This approach underscores the platform’s user-centric philosophy, where clarity in pricing is a fundamental aspect of service delivery. By doing so, CoinSwitch aligns its operations with the ethos of cryptocurrency itself – making financial transactions more straightforward and accessible to the masses.

Type Fee
Deposit Fee (Bank Transfer) 0% (for deposits 100 INR to 50,000 INR)
Trading Fee 0% - 0.49%
Withdrawal Fee (Bank Transfer) 0%

Security - Is CoinSwitch Safe?

CoinSwitch prioritises user security and operates with a level of regulation. As a non-custodial exchange, it does not store your crypto custody services, meaning your coins remain in your wallet until a transaction is made.

This can offer an added layer of security compared to centralized exchanges.

CoinSwitch’s security measures are an embodiment of the principle that users should have sovereignty over their funds. By functioning as a non-custodial exchange, the platform ensures that users retain control of their digital assets, with transactions occurring directly between personal wallets and the exchange.

This decentralised approach minimises risks associated with centralised platforms, where funds are more vulnerable to breaches. Furthermore, CoinSwitch has implemented a robust network fee structure designed to incentivize the validation and rapid processing of transactions within the blockchain framework, thus maintaining the integrity and security of each trade.

CoinSwitch Customer Support

Customer support on CoinSwitch is accessible, with options for assistance including a chat option. Users can expect to find answers from people dedicated to resolving issues promptly, maintaining a positive trading experience.

The calibre of customer support often reflects an exchange’s commitment to its user base, and CoinSwitch’s support system embodies this principle. The platform ensures that users have access to support personnel who can provide cogent, timely responses to a spectrum of queries.

This commitment to service is indicative of a broader culture within the company that values user satisfaction and strives to build trust within its community. Such a culture is pivotal to maintaining a reliable and user-friendly platform, where assistance is always just a few clicks away.

CoinSwitch support

CoinSwitch Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on CoinSwitch

  1. Create Account - Visit the CoinSwitch website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay

CoinSwitch Alternatives

Binance logo

Binance

3.27
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
359+

Trading Fees
0.10%

Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

Visit Binance
Kraken logo

Kraken

3.67
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
233+

Trading Fees
0.06% - 0.16%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

Visit Kraken
OKX logo

OKX

3.75
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
332+

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX

Final Thoughts

CoinSwitch’s approach as an exchange aggregator sets it apart from traditional exchanges. With its broad market access and convenience, it offers an appealing option for those seeking to trade various digital assets.

In a world where digital finance is rapidly evolving, the role of cryptocurrency exchanges is becoming increasingly pivotal. Exchanges serve as the lifeblood of the crypto market, facilitating the flow of digital assets and shaping the future of decentralized finance.

The landscape is marked by a continuous influx of innovative services and products, with exchanges at the helm, driving adoption and fostering a new era of financial autonomy. As the industry progresses, platforms like CoinSwitch may play a crucial role in bridging the traditional and digital finance realms, offering solutions that resonate with users at every level of expertise.

CoinSwitch FAQs

CoinSwitch, like any cryptocurrency exchange, implements security measures to protect its users’ assets and data. However, it’s important for users to also take personal security measures, such as using strong passwords and enabling two-factor authentication.

As of my last update, CoinSwitch was not banned in India. However, the regulatory environment for cryptocurrencies in India is subject to change, so users should stay informed about the latest news and regulations.

CoinSwitch and Binance are different platforms with their unique features. Binance is known for its extensive range of cryptocurrencies and advanced trading options.

CoinSwitch, on the other hand, is designed for simplicity and ease of use. Users should choose based on their specific needs and preferences.

Investing in cryptocurrencies through any platform, including CoinSwitch, involves risk. It’s important to conduct thorough research and consider your own financial situation and investment goals before making any investment decisions.

Ashish Singhal is the CEO of CoinSwitch.

CoinSwitch is primarily known for being a cryptocurrency aggregator, providing users with the ability to compare and convert cryptocurrencies across exchanges. Coinbase, alternatively, is a stand-alone exchange that also offers a user-friendly platform with a variety of additional services.

The profitability of using any cryptocurrency exchange, such as CoinSwitch, can vary based on market conditions, transaction fees, and individual trading decisions. It’s crucial to understand all associated costs and potential risks.

Both WazirX and CoinSwitch cater to the Indian market and offer different experiences. WazirX has a range of features for both beginners and advanced traders, while CoinSwitch is known for its user-friendly interface.

The “better” platform would depend on the user’s specific requirements and preferences.

CoinSwitch User Reviews

0.0 out of 5.0

0 reviews

5 Stars: 0%
4 Stars: 0%
3 Stars: 0%
2 Stars: 0%
1 Star: 0%

No reviews yet for CoinSwitch - be the first to review!

Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: