CoinSwitch Launches INR-Based Crypto Futures

April 2025, India: CoinSwitch, India’s largest crypto trading platform, announces the launch of INR-based crypto Futures. This new feature enables Futures trading directly in INR, eliminating the need for USDT conversion, making the overall trading experience more seamless and efficient.

CoinSwitch Launches INR-Based Crypto Futures

This development stems from a key user insight – trading in INR is more intuitive and relatable for the Indian users as compared to USDT, which is commonly used as the quote currency in the global markets. By eliminating the need to convert INR to USDT, CoinSwitch aims to streamline the trading experience and make Futures trading more accessible and user-friendly for the Indian market.

Some of the key features include:

Real-Time Price Mapping: Users will now see the INR pairing on the contract list along with the percentage changes, making it easy to track price movements
Position Visibility: Users will only see positions relevant to their current currency mode, as USDT and INR Futures are managed separately. If a user holds positions in the other currency, they can seamlessly switch and view those positions on the corresponding page
Unified Price View: All fields within positions—such as unrealized P&L and liquidation price will now be displayed in INR along with the fees, making it easier for users to quickly assess their profits and make faster, more informed trading decisions
Seamless Toggle Experience: Users will find a toggle on the Futures page enabling them to switch between USDT and INR-based Futures. A helpful prompt will appear, introducing the new INR trading option

Commenting on the announcement, Balaji Srihari, Vice President, CoinSwitch said that “India is one of the fastest-growing crypto markets in the world and second largest by value received, globally. It deserves solutions that reflect its unique needs and user behavior. With the addition of INR-based crypto Futures on CoinSwitch, we’re taking a step toward building a platform that’s truly tailored for Indian users – removing unnecessary friction and making advanced trading tools more accessible than ever before.”

This new offering is part of CoinSwitch’s broader mission to provide powerful, user-friendly trading tools tailored for India’s growing crypto community.

For more information, please visit: https://coinswitch.co/pro/futures-perpetual/BTCINR

About CoinSwitch

Founded in 2017, CoinSwitch is India’s largest crypto trading platform and a pioneer in shaping the country’s crypto ecosystem. With over 2 crore users, CoinSwitch operates a regulatory-compliant platform that simplifies and enhances crypto trading for both retail and professional investors.

Backed by global investors such as Coinbase Ventures, Tiger Global, and Sequoia Capital India to the tune of $300 million, CoinSwitch offers 300+ coins on its platform. CoinSwitch is a PeepalCo product and is ISO/IEC 27001:2022 certified and Financial Intelligence Unit – India (FIU- IND) registered.

For more information, visit: www.coinswitch.co

For media queries, contact: press@coinswitch.co | kaizzen.coinswitch@kaizzencomm.com

About PeepalCo

PeepalCo is a house of brands serving India with tailored wealth-tech products aimed at Making Money Equal for All. Founded by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari, PeepalCo’s products include CoinSwitch and Lemonn. The Group is backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Peak XV Partners (formerly Sequoia Capital India), Ribbit Capital, Paradigm, and Coinbase Ventures.For media queries, contact: press@peepal.co

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Last Updated on: Wednesday, April 30, 2025 12:02 pm by Admin | Published by: The Statesman India Team on Wednesday, April 30, 2025 12:01 pm | News Categories: Finance, Press Release

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