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
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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