The Indian market is hungry for crypto, with the country representing a high rate of adoption of digital currencies. Crypto tokens can be exchanged privately between individuals and do not depend on a central authority like a bank or stock exchange to set — or insure — their value, thereby embodying the “high risk, high reward” investment principle. Cryptocurrency companies provide exchanges, transaction platforms and other digital currency services. These are some the companies driving Mumbai’s crypto economy.
Cryptocurrency Companies in Mumbai
- CoinDCX
- WazirX
- CoinSwitch
- SPORTZCHAIN
- ASQI Advisors
Top Cryptocurrency Companies in Mumbai
CoinDCX is a cryptocurrency services company that offers a currency exchange platform as well as crypto-oriented financial services and products that aid in trading and investments. It handles more than 500 crypto assets and facilitates futures trading, margin trading, spot trading and simple transactions. CoinDCX margins trading offers trades across more than 400 markets.
WazirX is a financial software company that offers a cryptocurrency exchange platform where users can buy, sell and trade digital currencies, including Bitcoin, Ethereum, Ripple and Litecoin. It offers customer verification processes within its platform that allow investors and traders to vet each other before making transactions, as well as a portfolio management dashboard.
CoinSwitch offers an advanced trading platform for cryptocurrencies including Bitcoin and Ethereum. More than a simple exchange, CoinSwitch offers professional-grade tools like leverage, futures trading and liquidity pools. Users can opt for a desktop trading experience or the CoinSwitch mobile app, which both boast low commissions and rupee-based conversions.
SPORTZCHAIN is an engage-to-earn, or E2E, platform for sports fans and gamers. In its digital ecosystem, players can transact with site-specific sports tokens, using the $SPN cryptocurrency and casting votes for the jersey designs of real-world sports teams. This native token was minted in 2022 and is the coin of the realm for all SPORTZCHAINS betting and transactions.
ASQI Advisors is a fintech company that makes blockchain software for financial services within the agriculture industry. Using decentralized secure ledgers and cryptocurrencies, it offers management of agricultural commodities, traceability and verification of farming practices, plus financial partnerships that allow farmers to grow and scale their businesses.
