Milestone Unlocked: CoinSwitch Surpasses 20 Million Users Amid Crypto Surge in India

CoinSwitch, a prominent cryptocurrency exchange in India, has achieved a significant milestone by surpassing 20 million registered users, marking a first for the country's crypto industry on March 6th.This achievement coincides with a surge in user activity within India, driven by heightened investor optimism. Recent global developments, such as the approval of Bitcoin ETFs in the US, the potential approval of Ethereum ETFs, and the upcoming Bitcoin Halving event, have all contributed to this positive sentiment."Since the beginning of 2024, CoinSwitch has experienced a fivefold increase in daily user registrations compared to the average growth rate seen in 2023. Over the past two weeks alone, trading volumes on the platform have surged by seven times, with more than 80% of users reporting profits," CoinSwitch stated in a press release.