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Crypto And Virtual Money
CIO Bulletin, 04 October, 2024 Author: CIO Bulletin Team
Flat fees and the availability of more than 350 contracts with a maximum leverage of 25x and CoinSwitch plans to utilize crypto futures trading to attract sophisticated traders in the market.
CoinSwitch has announced that it will enable users’ crypto futures trading on the platform, with 25x leverages. The purpose of this service is to assist the traders in widening their worth in trading by allowing the price fluctuations within the very volatile cryptocurrency market to work to their advantage.
CoinSwitch Futures currently provides over 350 contracts, including Bitcoin, Ethereum, Solana, Polygon and Ripple. Perpetual futures contracts can be used by traders to buy or sell assets to protect the cash market positions. For new users, there is no commission, low deposits, active commission charge, and a 100% registration fee waiver for 15 days.
Futures trading are effortless, available for both mobile and desktop. To get started, we ask users to sign up or log in here to their CoinSwitch PRO accounts.
CoinSwitch Futures is an attempt to deliver a complete gamut of crypto investment and trading offerings, by bringing leveraged futures contracts to the table we are further looking to cater to the sophisticated traders who can capitalize on market movements, said Balaji Srihari, business head at CoinSwitch.
CoinSwitch’s move into futures trading presents itself as CoinDCX has already set up such a service. CoinSwitch also announced last month cryptocurrency offerings for high-net worth individuals (HNIs) and institutional investors which focused on security and tailored solutions.
CoinSwitch is India's highest valued crypto unicorn that raised $260M in Series C funding from Coinbase Ventures and a16z (Andreessen Horowitz) in September 2021, making it one of the largest deals in the crypto space to date, with over 20M users.







