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Coinswitch is an Indian cryptocurrency exchange and trading platform headquartered in Bangalore, Karnataka. [1] Founded in 2017, the platform enables users to trade Virtual Digital Assets (VDAs) with Indian Rupees. In October 2021, Coinswitch secured $260 million in Series C funding, valuing the company at $1.9 billion. [2] [3] [4]
Binance, the world's biggest crypto exchange, was hit with a fine of 188.2 million rupees ($2.25 million) in June 2024, a month after it registered with the FIU in an effort to resume operations ...
Crypto adoption is booming in semi-urban and rural areas despite lingering regulatory deadlock, the Binance-owned exchange said. India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading ...
Common services are cryptocurrency wallet providers, bitcoin exchanges, payment service providers [a] and venture capital. Other services include mining pools , cloud mining , peer-to-peer lending , exchange-traded funds , over-the-counter trading , gambling , micropayments , affiliates and prediction markets .
Newfound crypto enthusiasts in India such as Nagose have helped grow cumulative trading volumes of bitcoin, ethereum, dogecoin and other cryptocurrencies on four of its largest exchanges more than ...
Binance Holdings Ltd., branded Binance, is a global [8] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies.Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software.
In May 2018, OKX became the world's largest cryptocurrency exchange by reported turnover. [17]In June 2018, the platform became one of the largest exchanges to launch and offer a cryptocurrency exchange white label service, where applicants must have solid industry experience and $2.5 million in their accounts.
The report, which tracks adoption across four sub-categories in 151 countries, showed India ranked high on usage of centralized exchange and decentralized finance assets from June 2023 to July 2024.