CoinSwitch Launches ‘Web3 Coins’ to Enable INR‑Based Trading of 100K+ DeFi Tokens

Cryptocurrency trading platform CoinSwitch unveiled Web3 Coins, a new feature that brings decentralised token trading directly into its INR‑based interface.

This launch allows everyday investors to access and trade more than 100,000 crypto tokens, ranging from utility and governance tokens to meme coins and stablecoins, without needing to navigate separate wallets, on‑ or off‑ramps, token swaps or network fees.

By leveraging decentralised exchange infrastructure behind the scenes, Web3 Coins gives CoinSwitch users immediate exposure to high‑potential early‑stage tokens that were previously available only to technically adept traders.

Despite operating on DEX rails, all trades are conducted through CoinSwitch’s regulated platform, ensuring full compliance with Indian regulations and safeguarding users from the complexities and risks that often accompany direct DEX interactions.

“Web3 Coins delivers on our promise to make cutting‑edge crypto opportunities accessible to everyday investors, minus the complexity,” said Balaji Srihari, vice‑president at CoinSwitch. “As the crypto landscape evolves, our goal is to democratise access so that innovation and opportunity are open to everyone, not just the technically fluent.”

Global data highlights the momentum behind decentralised platforms: nearly 200 million unique trading addresses have been active on DEXs, which collectively processed over US $2.45 trillion in volume during the past year, according to Dune Analytics. CoinSwitch’s own metrics show that 34% of its active traders have already engaged with new tokens in the past six months, underscoring growing demand for early‑stage crypto assets.

To ensure responsible access, CoinSwitch employs its proprietary TRACE mechanism to vet every token before listing. TRACE applies rigorous checks across tokenomics, risk assessment, smart‑contract security audits, community sentiment and liquidity metrics, giving users confidence that only thoroughly evaluated assets are made available.

India has rapidly become one of the world’s leading nations for grassroots crypto adoption, but until now its investors have faced barriers when trying to tap into decentralised markets. With Web3 Coins, CoinSwitch aims to bridge that gap, bringing the benefits of decentralised finance to the mainstream while maintaining the platform’s commitment to regulatory compliance and user protection.