Author: Jagdish Kumar, India
Looking at huge potential in India, Singapore based CoinSwitch’s subsidiary in the country has launched cryptocurrency aggregator platform.
Currently, aggregating Cryptopia, Bittrex, Changelly, Shapeshift, Changer and Evercoin and also in talks with major exchanges like OKEx, Huobi, HitBTC to list them on its platform.
Starting operations in 2017, the company has completed 175,000 orders. The company presents users with a one-stop solution for buying, selling or converting crypto-currencies across all partner exchanges.
Speaking on this, Ashish Singhal, Co-Founder and CEO of CoinSwitch said that started with a a vision of making it easier for everyone to transact in cryptocurrencies, the company aims to bring transparency and trust in such transactions, giving the ultimate decision-making power to the consumers, aiding them with real-time charts and crypto-currency prices.
CoinSwitch enables users to trade across multiple exchanges through its platform, without having to create accounts individually on them. It also compares the listed exchanges and show the best prices for trade.
The aggregator platform supports over 100 cryptocurrencies in India and 300 across the globe including altcoins, tokens like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) etc.
Users can use CoinSwitch also to convert their existing crypto-asset in other pairs. The platform currently supports over 7,000 currency pairs in India and over 45,000 across the globe.
The company currently supports 16 global languages such as English, German, Italian, Russian, Spanish, Chinese, French, Korean, Hindi, among others.
Backed by Sequoia Capital, the company has raised over $1.5 million for expanding its operations in India.