CoinSwitch launches Web3 coins, offering Indian investors direct rupee access to over one lakh decentralised crypto tokens, simplifying entry into emerging digital assets like governance tokens, meme coins, and stablecoins.
Crypto trading platform CoinSwitch has announced the launch of Web3 coins, granting Indian investors unprecedented access to more than one lakh decentralised crypto tokens, with the convenience of trading directly in rupees.
The move comes as CoinSwitch revealed that 34% of its active traders have engaged with new tokens in the past six months, reflecting growing appetite among Indian investors for emerging digital assets.
Web3 coins aim to simplify participation in decentralised markets, providing investors with direct exposure to high-potential tokens such as governance tokens, meme coins, and stablecoins — assets that are typically only accessible through complex decentralised exchanges.
Designed for everyday users, the platform eliminates the barriers that have traditionally made decentralised finance (DeFi) intimidating for many investors. By removing the need to set up wallets, conduct token swaps, or pay network fees, CoinSwitch says it is making the decentralised crypto ecosystem more accessible to the mainstream.
Globally, decentralised exchanges (DEXs) have become a significant component of the crypto landscape, boasting nearly 200 million unique trading addresses. According to crypto analytics platform Dune, DEX platforms have recorded over $2.45 trillion in trading volume over the past 12 months alone.
CoinSwitch’s latest offering is expected to bridge the gap between Indian investors and the global DeFi market, enabling seamless access to a broad range of decentralised tokens without the technical hurdles.
The introduction of Web3 coins comes at a time when decentralised finance is reshaping the way investors interact with digital assets, with growing interest in decentralised trading, governance models, and stablecoin ecosystems.
As the Indian crypto market continues to evolve, platforms like CoinSwitch are positioning themselves to capitalise on the growing demand for simplified, rupee-based access to the decentralised world of Web3 tokens.
