CoinSwitch Introduces Web3 Tokens to Facilitate Decentralized Finance Access in India
CoinSwitch, one of India's leading cryptocurrency trading platforms, has introduced a groundbreaking feature called "Web3 Coins" in July 2025. This new feature aims to simplify decentralized crypto trading for Indian investors, enabling users to buy and sell over 100,000 decentralized crypto tokens directly using Indian Rupees (INR).
Traditionally, trading decentralized crypto tokens involved several technical hurdles, such as managing multiple crypto wallets, handling seed phrases securely, and incurring various network fees. However, CoinSwitch's Web3 Coins feature addresses these pain points by centralizing access through its regulated platform, making the entire process seamless and accessible without the need for separate wallets or understanding underlying blockchain mechanics.
The platform leverages decentralized exchange infrastructure behind the scenes, but all trades are conducted through CoinSwitch’s interface. Users can instantly access a wide array of tokens, including utility tokens, governance tokens, stablecoins, meme coins, and other early-stage tokens.
CoinSwitch uses a proprietary "TRACE" mechanism to vet tokens, ensuring token verification, risk scanning, smart contract security audits, and community engagement assessments before listing. The platform operates with full compliance with Indian regulations, including AML (Anti-Money Laundering), KYC (Know Your Customer), and taxation norms, ensuring a safer environment for investors.
The impact of Web3 Coins on Indian investors is significant. It democratizes access to emerging digital assets that were previously limited to technically skilled traders, removes complexity and technical barriers, encourages mainstream adoption of decentralized crypto trading, and enables Indian investors to participate in the rapidly growing decentralized exchange ecosystem.
In the past six months, more than a third of CoinSwitch’s active traders have interacted with such tokens. The global decentralized token ecosystem is expanding, with over $2.45 trillion in trading volume globally in the last year and nearly 200 million unique trading addresses.
By removing entry barriers such as complex wallet integrations and blockchain-specific operations, CoinSwitch aims to be a gateway for Indian users to enter the Web3 world with greater confidence and ease. This initiative broadens participation in the Web3 economy for Indian investors, making cutting-edge crypto opportunities more accessible and user-friendly.
Sources: [1] CoinSwitch Press Release, "CoinSwitch Launches Web3 Coins for Simplified Decentralized Crypto Trading," July 1, 2025. [2] The Economic Times, "CoinSwitch Introduces Web3 Coins for Indian Crypto Traders," July 2, 2025. [3] Business Standard, "Decentralized Crypto Trading Goes Mainstream with CoinSwitch's Web3 Coins," July 5, 2025. [4] CoinGecko, "Decentralized Token Market Cap Nears $11.83 Billion," July 6, 2025.
Users can buy and sell various types of tokens, including governance tokens, through CoinSwitch's regulated Web3 Coins feature, democratizing access to emerging digital assets and encouraging the mainstream adoption of decentralized finance (DeFi) in India. With this new platform, Indian investors can participate in the rapidly growing decentralized exchange ecosystem, simplifying the process by removing technical hurdles such as managing multiple wallets and understanding underlying blockchain mechanics.
