Exchanges/CoinSwitch
CoinSwitch

CoinSwitch

FIU Registered
Bitcipher Labs LLP
Compliance Score
Compliance score reflects FIU registration, KYC enforcement, transparency, and public disclosures. This is not an investment or safety guarantee.
9.5/10
Open Account

Platform Availability

Android App
Available
iOS App
Available
Web Platform
Available

About CoinSwitch

CoinSwitch is an aggregator-style app designed for simplicity, making it a popular choice for first-time crypto buyers.

Fee Structure

Maker / Platform
Varies
Taker / Mgmt
Varies
Withdrawal
Asset-dependent
Fees vary by product, asset, and market conditions. Users should verify current charges on the official platform.

Pros

  • Extremely simple user interface
  • Quick buying/selling process
  • Educational content integration

Cons

  • Spread (hidden fee) can be high
  • No order book visibility on basic app
  • Limited advanced trading features

Official Status

FIU StatusVerified
Legal EntityBitcipher Labs LLP
CategoryExchange
Best ForBeginners

This platform is registered with the Financial Intelligence Unit – India (FIU-IND) under the Prevention of Money Laundering Act (PMLA).

Key Features

INR SupportSpot TradingKYC ComplianceSecure Custody

Regulatory Notes

CoinSwitch is registered with FIU-IND as a Virtual Digital Asset Service Provider under the Prevention of Money Laundering Act (PMLA). FIU registration relates to AML and reporting compliance and does not imply endorsement by any government authority.

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