Latest news with #CoinSwitch
Time of India
a day ago
- Business
- Time of India
Coinswitch debuts its Web3 coins
Cryptocurrency exchange CoinSwitch is introducing Web3 Coins , an offering which allows users to trade over 1 lakh emerging crypto tokens directly in INR — without the usual complexities of wallets, token swaps, or network fees. The launch comes amid rising investor interest in early-stage tokens such as meme coins, utility tokens, governance tokens, and stablecoins. Over 34% of CoinSwitch's active users have engaged with new tokens in the last six months, and the company expects at least 25% of its user base — currently over 2 crore — to explore Web3 Coins, Ashish Singhal, co-founder, Peepal Co, the holding company of Coinswitch told ET. 'Today, 99.9% of Indian users are unable to access decentralised tokens due to the technical complexity. Web3 Coins brings the simplicity of buying Bitcoin on CoinSwitch to thousands of new tokens,' he said. Crypto Tracker TOP COIN SETS NFT & Metaverse Tracker 3.25% Buy Crypto Blue Chip - 5 0.73% Buy DeFi Tracker 0.67% Buy Web3 Tracker -1.95% Buy AI Tracker -2.76% Buy TOP COINS (₹) Bitcoin 9,061,834 ( -1.37% ) Buy BNB 55,416 ( -1.7% ) Buy XRP 187 ( -2.91% ) Buy Ethereum 206,438 ( -3.09% ) Buy Solana 12,627 ( -4.65% ) Buy Decentralised tokens such as Lido, Uniswap, Jupiter, PancakeSwap are fast growing and today hold a market cap of nearly $11.83 billion, according to crypto data platform CoinGecko. Globally, decentralised exchanges account for nearly 200 million unique trading addresses. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » These are different from centralised tokens such as Bitcoin, Ethereum, Solana which are listed and managed by centralised crypto exchanges like Binance, or Coinbase. These platforms control which tokens get listed, provide customer support, and manage custody. But decentralised tokens can be created by anyone leading to faster innovation but also higher risks. Web3 Coins by CoinSwitch bridges these two worlds. Unlike traditional centralised exchanges, which take weeks or months to list new tokens, Web3 Coins allows users to access eligible tokens within 24 hours of their launch — giving investors an early advantage in discovering high-potential crypto assets , Singhal explained. For instance, while a popular meme coin like Shiba Inu became widely available months after launch, early adopters trading via decentralised exchanges had already seen significant gains. Founded in 2017, CoinSwitch is has raised $300 million from global investors such as Coinbase Ventures, Tiger Global, and Sequoia Capital India. In the last 7–8 months, CoinSwitch has seen a 50% jump in organic signups. Although trading volumes are lower than the 2021 peak, Singhal said 2025 is shaping up to be one of the company's strongest years in terms of investor participation, Singhal said.
Time of India
2 days ago
- Business
- Time of India
India is 'losing talent to rote learning and repetition' in UPSC civil services exam system: Bengaluru tech founder
Ashish Singhal , founder of CoinSwitch, recently highlighted the staggering imbalance in India's civil services landscape. With over 10 lakh aspirants registering for the UPSC exam each year and only around 1,000 ultimately securing positions, the rejection rate stands at a crushing 99.9%. While the competition is intense, the real concern, according to Singhal, lies not in failure, but in the systemic issues driving bright minds into repetitive cycles of exam attempts. Many young Indians spend 4–5 years chasing government jobs, prioritizing stability over innovation, and choosing familiarity over ambition, he said. This behavior, Singhal suggests, isn't due to a lack of capability but rather a system that discourages risk and creativity. The current setup reinforces rote learning, credential obsession, and fear of failure, while coaching centers flourish across the country, he added. Singhal proposes a reimagined approach: diverting even a fraction of these aspirants toward entrepreneurship, technology, and product innovation. If just 10% were guided toward building solutions and taking calculated risks, the country could unlock massive untapped potential, he said. The core issue isn't the talent pool—India has that in abundance. The real challenge is redirecting those efforts toward diverse opportunities that allow young minds to create lasting impact beyond exams. Earlier, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal had said that five to eight years of preparation for the civil services exam by lakhs of students is a "waste of youthful energy". "As mentioned, it (is) perfectly fine to attempt the UPSC or other such exams, but only if the person wants to be an administrator. The problem is that lakhs of people are spending 5-8 years repeatedly doing this exam as a 'way of life'. This is such a waste of youthful energy," he said in a series of posts on social media platform X. What netizens said Netizens echoed Ashish Singhal's concerns, agreeing that the UPSC cycle needs reform. Many felt the loop will eventually break as future generations—raised by educated parents in a more informed society—gain access to broader opportunities, not just elite ones. They emphasized the importance of universal access to education, food, and healthcare, alongside the freedom to explore diverse paths. Others noted that the issue isn't talent but persistence, with aspirations merely waiting for a second chance. Some stressed that UPSC should be a dream, not the only dream, and called for creating more ladders for India's youth to climb.
Economic Times
6 days ago
- Business
- Economic Times
Best Indian Crypto Exchange for Futures With Lowest Fees in 2025
Platform Futures Trading Fees Trading Pairs Max Leverage Mudrex 0.03% – 0.05% 500+ Up to 100x CoinDCX 0.03% – 0.05% 300+ Up to 100x CoinSwitch 0.07% 430+ Up to 100x Delta Exchange 0.05% Not stated Up to 100x ZebPay 0.029%–0.06% (USDT), 0.03%–0.08% (INR) Not stated Up to 75x Live Events Maker & Taker Fees: You pay maker fees when placing limit orders (adds liquidity) and taker fees for market orders (takes liquidity). Maker fees are usually lower. At Mudrex, taker fees are competitively priced, with no hidden platform markups. You pay maker fees when placing limit orders (adds liquidity) and taker fees for market orders (takes liquidity). Maker fees are usually lower. At Mudrex, taker fees are competitively priced, with no hidden platform markups. Funding Fees: These apply to perpetual contracts and are exchanged between long and short traders every 8 hours. Mudrex passes these on transparently, with no added charges—what you see is what you pay. These apply to perpetual contracts and are exchanged between long and short traders every 8 hours. Mudrex passes these on transparently, with no added charges—what you see is what you pay. Liquidation Fees: If your position drops below margin requirements, it may get auto-closed. Like most exchanges, Mudrex charges a small fee on liquidations, but offers tools like real-time alerts and trailing stop-losses to help you avoid them. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In 2025, India's crypto futures market continues to mature, offering traders the ability to profit from rising and falling lower fees and better leverage options now available, choosing the right platform can make all the difference. This guide compares leading Indian exchanges to help you identify the best platform based on fees, features, and user fees mentioned in the table above are general indicators and can vary based on your trading volume tier, VIP levels, and specific market conditions. It's always advisable to check the most up-to-date fee schedules directly on each exchange's fee ranges represent the typical lowest to highest taker fees for futures, often correlating with trading is India's most trusted and user-friendly crypto exchange which gives you easy to use access to Crypto futures. . With popular trading pairs available for futures trading at 100x leverage, Mudrex stands out with its clean and easy to use Mudrex updated its fee structure to provide one of the lowest trading fees in the Indian market, particularly with Mudrex's VIP service called provides you 500 crypto trading pairs, which means that you have a larger choice of options for exploring crypto futures offers crypto futures for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), alongside several other provides up to a maximum leverage of 100x for certain pairs while other pairs vary from 20x to 75x. CoinDCX also offers a range of tools and a dedicated interface for futures trading, catering to both beginners and more active provides crypto futures for major cryptocurrencies. It offers flexible, smaller lot sizes, making it accessible to a broader range of traders. They also provide up to 100x leverage on select contracts, similar to Exchange is a crypto exchange which provides futures and options. They offer a diverse range of perpetual contracts for Bitcoin, Ethereum, and a variety of Exchange provides high leverage, and offers up to 100x leverage. Their platform is known for providing sophisticated trading tools, advanced order types, and robust charting capabilities, catering to professional traders looking for comprehensive derivative trading one of the oldest crypto exchanges in India, has recently introduced its futures trading platform. This platform exclusively offers perpetual contracts, with up to 75x leverage on select contracts, providing substantial trading power. Their focus is on providing a seamless single-window trading terminal with instant order the various fees involved in crypto futures trading is crucial for effective cost management. These aren't always straightforward and can significantly impact your compare prices across platforms and with global market rates to ensure you're getting a fair Indian traders venturing into the exciting world of crypto futures, choosing an exchange with transparent and competitive fees is several platforms offer compelling features, Mudrex stands out as a leading choice for futures trading in India, particularly for its commitment to lowest trading fees and robust leverage offers highly competitive futures trading fees, often ranging from 0.03% to 0.05%, positioning it among the most cost-efficient platforms in the Indian market. Coupled with its generous 100x leverage on a wide range of perpetual contracts, Mudrex empowers traders to amplify their trading potential those seeking a platform that prioritizes low fees, offers substantial leverage, and provides a user-friendly interface for futures trading across numerous crypto pairs, Mudrex offers an exceptional experience designed for maximizing profitability in the dynamic crypto futures fees apply when you place limit orders; taker fees apply when you place market orders. Taker fees are usually offer different fee structures based on trading volume, VIP tiers, promotions, or internal cost platforms add spreads or hidden markups to the trading price. Always check if the displayed fee includes such fees are periodic payments exchanged between long and short positions in perpetual futures. They are charged every 8 hours.
Time of India
6 days ago
- Business
- Time of India
Best Indian Crypto Exchange for Futures With Lowest Fees in 2025
In 2025, India's crypto futures market continues to mature, offering traders the ability to profit from rising and falling prices. With lower fees and better leverage options now available, choosing the right platform can make all the difference. This guide compares leading Indian exchanges to help you identify the best platform based on fees, features, and user experience. Top Indian Crypto Futures Exchanges Platform Futures Trading Fees Trading Pairs Max Leverage Mudrex 0.03% – 0.05% 500+ Up to 100x CoinDCX 0.03% – 0.05% 300+ Up to 100x CoinSwitch 0.07% 430+ Up to 100x Delta Exchange 0.05% Not stated Up to 100x ZebPay 0.029%–0.06% (USDT), 0.03%–0.08% (INR) Not stated Up to 75x *This table stands as of 27th June 2025. The fees mentioned in the table above are general indicators and can vary based on your trading volume tier, VIP levels, and specific market conditions. It's always advisable to check the most up-to-date fee schedules directly on each exchange's website. Crypto Tracker TOP COIN SETS Crypto Blue Chip - 5 2.30% Buy DeFi Tracker 0.51% Buy NFT & Metaverse Tracker 0.13% Buy AI Tracker -0.60% Buy Web3 Tracker -3.06% Buy TOP COINS (₹) Bitcoin 9,153,091 ( -0.54% ) Buy BNB 55,123 ( -0.54% ) Buy Ethereum 209,953 ( -0.67% ) Buy Solana 12,142 ( -1.6% ) Buy XRP 179 ( -4.08% ) Buy These fee ranges represent the typical lowest to highest taker fees for futures, often correlating with trading volume. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Live Events 1. Mudrex Mudrex is India's most trusted and user-friendly crypto exchange which gives you easy to use access to Crypto futures. . With popular trading pairs available for futures trading at 100x leverage, Mudrex stands out with its clean and easy to use interface. Recently Mudrex updated its fee structure to provide one of the lowest trading fees in the Indian market, particularly with Mudrex's VIP service called Alpha. Mudrex provides you 500 crypto trading pairs, which means that you have a larger choice of options for exploring crypto futures trading. 2 . CoinDCX CoinDCX offers crypto futures for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), alongside several other altcoins. CoinDCX provides up to a maximum leverage of 100x for certain pairs while other pairs vary from 20x to 75x. CoinDCX also offers a range of tools and a dedicated interface for futures trading, catering to both beginners and more active traders. 3. CoinSwitch CoinSwitch provides crypto futures for major cryptocurrencies. It offers flexible, smaller lot sizes, making it accessible to a broader range of traders. They also provide up to 100x leverage on select contracts, similar to Mudrex. 4. Delta Exchange Delta Exchange is a crypto exchange which provides futures and options. They offer a diverse range of perpetual contracts for Bitcoin, Ethereum, and a variety of altcoins. Delta Exchange provides high leverage, and offers up to 100x leverage. Their platform is known for providing sophisticated trading tools, advanced order types, and robust charting capabilities, catering to professional traders looking for comprehensive derivative trading options. 5. Z ebPay ZebPay, one of the oldest crypto exchanges in India, has recently introduced its futures trading platform. This platform exclusively offers perpetual contracts, with up to 75x leverage on select contracts, providing substantial trading power. Their focus is on providing a seamless single-window trading terminal with instant order execution. Fees in Crypto Futures Trading: A Breakdown Understanding the various fees involved in crypto futures trading is crucial for effective cost management. These aren't always straightforward and can significantly impact your profitability. Maker & Taker Fees: You pay maker fees when placing limit orders (adds liquidity) and taker fees for market orders (takes liquidity). Maker fees are usually lower. At Mudrex, taker fees are competitively priced, with no hidden platform markups. Funding Fees: These apply to perpetual contracts and are exchanged between long and short traders every 8 hours. Mudrex passes these on transparently, with no added charges—what you see is what you pay. Liquidation Fees: If your position drops below margin requirements, it may get auto-closed. Like most exchanges, Mudrex charges a small fee on liquidations, but offers tools like real-time alerts and trailing stop-losses to help you avoid them. Always compare prices across platforms and with global market rates to ensure you're getting a fair rate. Co nclusion For Indian traders venturing into the exciting world of crypto futures, choosing an exchange with transparent and competitive fees is paramount. While several platforms offer compelling features, Mudrex stands out as a leading choice for futures trading in India, particularly for its commitment to lowest trading fees and robust leverage options. Mudrex offers highly competitive futures trading fees, often ranging from 0.03% to 0.05%, positioning it among the most cost-efficient platforms in the Indian market. Coupled with its generous 100x leverage on a wide range of perpetual contracts, Mudrex empowers traders to amplify their trading potential significantly. For those seeking a platform that prioritizes low fees, offers substantial leverage, and provides a user-friendly interface for futures trading across numerous crypto pairs, Mudrex offers an exceptional experience designed for maximizing profitability in the dynamic crypto futures market. FAQs 1. What are maker and taker fees in crypto futures? Maker fees apply when you place limit orders; taker fees apply when you place market orders. Taker fees are usually higher. 2. Why do fees vary across exchanges? Exchanges offer different fee structures based on trading volume, VIP tiers, promotions, or internal cost models. 3. Are there any hidden fees in crypto futures trading? Some platforms add spreads or hidden markups to the trading price. Always check if the displayed fee includes such costs. 4. What are funding fees and when are they charged? Funding fees are periodic payments exchanged between long and short positions in perpetual futures. They are charged every 8 hours.
India Today
16-06-2025
- Business
- India Today
Think you're exempt from filing ITR? Your lifestyle may say otherwise
Many taxpayers believe that if their annual income falls below the basic exemption threshold, they are off the hook when it comes to filing their Income Tax Return (ITR). But as Ashish Singhal, co-founder of CoinSwitch and Lemonn, highlighted in a LinkedIn post that tax compliance is not just about how much you earn, it's also about how you spend.'You thought Income Tax Return was about income? That's cute,' Singhal said. Drawing attention to a lesser-known aspect of India's income tax rules, he explained that even those reporting zero taxable income on paper may still be required to file an ITR based on their lifestyle and financial activities. advertisementThe thresholds are surprisingly easy to cross, indicated Singhal. A foreign vacation that costs more than Rs 2 lakh, an electricity bill exceeding Rs 1 lakh in a year, or large deposits in a bank account, even without formal income, can all trigger the need to file a return. The logic, Singhal pointed out, is simple: if you're spending like someone with taxable income, the tax department wants a closer look. His post also serves as a timely reminder as the ITR deadline for FY25 (AY 2025-26) approaches. The deadline for filing ITR was recently extended to September also warned that many people inadvertently meet one or more of these criteria without realising it, especially professionals and freelancers who may not fit into traditional salaried brackets. 'So check your slips,' he wrote, 'and don't let lifestyle trip up your compliance.'Trending Reel
