Now, you can invest in cryptocurrency through Recurring Buying Plan!

Cryptocurrency is an emerging market, and a lot of retail participation is rising in recent times. Considering this, CoinSwitch is planning to launch various plans that would increase retail participation in crypto markets.   

Yes, you read it right! Recurring buying in cryptocurrency is now possible, thanks to the CoinSwitch initiative! 

CoinSwitch, a cryptocurrency platform, stated in its press release that it plans to launch a recurring buy plan (RBP) for retail investors. The company further said that it plans to evolve into a wealth-tech destination for every Indian and ‘make money equal for all’ by offering the right assortment of financial products along with keeping customer protection as a priority.   

Cryptocurrency is an emerging market, and a lot of retail participation is rising in recent times. Considering this, CoinSwitch is planning to launch various plans that would increase retail participation in crypto markets.   

The company plans to invest in various crypto coins, such as Bitcoin, Ethereum, and Dogecoin. It has also set up ‘Riskometer’, which identifies volatile as well as high-risk cryptos, and thus, safeguards the crypto traders from entering into wrong trades that would cause them financial harm. 

The company raised $260 million in Series C funding from Coinbase Ventures & Andreessen Horowitz (a16z) in September 2021 and has become India's most-valued crypto platform with a valuation of $1.9 billion.