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Cryptocurrency trade CoinSwitch Kuber introduced on Wednesday the launch of CoinSwitch Professional, a multi-exchange buying and selling platform. The crypto trade claims that the platform will enable customers to commerce crypto belongings in Indian Rupees throughout a number of exchanges with a single login.
Ashish Singhal, co-founder and CEO of CoinSwitch stated, “CoinSwitch Professional will assist Indians commerce crypto belongings on a KYC-compliant platform in a method by no means seen earlier than. We consider crypto merchants are presently underserved by merchandise in India. With CoinSwitch Professional, we wish to take the buying and selling expertise to the subsequent stage — assist merchants uncover and leverage the worth motion of crypto belongings throughout a number of exchanges concurrently, creating new alternatives to make income.”
In September 2021, the trade raised $260 million in Sequence C funding from Coinbase Ventures and Andreessen Horowitz (a16z) to be valued at $1.9 billion. Tiger International, Sequoia Capital India, Ribbit Capital, and Paradigm have been the opposite traders who had participated within the funding spherical.
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