COINSBIT INDIA MAKES RENOVATION AS CRYPTOFORCE, STRENGTHENS CRYPTOCURRENCY ROOTS IN THE COUNTRY

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● Coinsbit India splits from its global counterpart to establish independent operations

in India as CryptoForce.

● CryptoForce to focus on the needs of the cryptocurrency community

Hyderabad, India: Coinsbit India has announced a strategic corporate overhaul which will be rebranded CryptoForce , an independent cryptocurrency exchange aimed specifically at the fast-growing cryptocurrency market. As a core part of this new strategy, CryptoForce will break away from its global predecessor Coinsbit IO and run its operations independently, allowing the team to create better hyper-targeted solutions tailored to the Indian crypto user.

With over 9 crores of Indian crypto owners making up the largest crypto market in the world, there is an imminent need for solutions that meet their needs. In this direction, CryptoForce will adapt offers that allow easy deposits and withdrawals and, most importantly, provide 24/7 multilingual customer service. By building a robust technological framework that operates in accordance with the regulations laid down by the Indian government, CryptoForce is determined to become one of the leading Indian-built cryptocurrency exchanges for the world.

CryptoForce is led by serial entrepreneurs with strong business roots in the country, deep understanding of customer mindsets, and experience in delivering cutting-edge technology solutions. Having helped several global enterprises embrace emerging technologies through cloud adoption, automation, blockchains, cloud security, application modernization, and more, their journey into this aggressively evolving crypto space is a natural next step. With CryptoForce, they aim to create a highly compliant and regulated cryptocurrency exchange platform that is on par with any global platform in terms of technology, security and innovation, while adapting offers to the Indian market. With operations led by a seasoned IT team with specialized expertise in the blockchain industry, CryptoForce is building, from the ground up, a platform that Indian crypto users can call their own.

Users can explore a variety of investment options on the platform, including:

1. Staking & Staking Basket to earn fixed interest on investments.

2. SIP (Systematic Investment Plan) to periodically invest a fixed amount in the selected cryptocurrency.

3. SBIP (Systematic Basket Investment Plan) to periodically support a fixed amount in the chosen cryptocurrency basket.

4. CPMS (Crypto Portfolio Management System) to invest in variable risk options based on the risk appetite of the user.

5. Drop of Gold to invest in gold via cryptocurrency.

CryptoForce promises:

● Hassle-free crypto-trading in 100% compliance with Indian government regulations

● Ability to transact in Indian Currency (INR)

● Flexibility to start small, with as little as INR 1,000

● Fast deposits and withdrawals

● Enhanced user asset security with 95% of funds stored in a Hot Wallet

● Multilingual customer support system accessible via chat, email and IVR

In the coming weeks, CryptoForce will launch unique and game-changing features that aim to revolutionize the Indian crypto market. Some of these features include:

● Deposits and withdrawals available on multiple blockchains

● An academy platform for users to train with in-depth industry knowledge and the latest industry trends

● Trading contest where users can win rewards in cryptocurrency, NFT, etc.

● P2P platform to trade cryptocurrency directly with other users on a secure platform

● OTC platform allowing high volume investors to trade off-exchange

● Crypto futures/derivatives trading

● Custom or predefined strategies allowing users to automate their trading activity

Additionally, they are developing CryptoForce as a community, bringing like-minded people together on a single platform to explore possibilities, exchange knowledge, and grow together. The district also votes to choose publicly traded crypto assets. Cryptocurrencies have the potential to positively impact the entire economy, and the adoption of decentralized currency is increasing day by day across India. CryptoForce will be at the forefront of this journey, enabling countless Indians to trade crypto at the push of a button.

“Cryptocurrency trading has been restrictive and intimidating for the average Indian user, with several barriers to exploring and profiting from opportunities. There were security and technology barriers, but in addition to these, a language/cultural barrier kept them from being adopted unimpressed.

We are changing that.

By bringing together the best of technology, security and a customer-centric approach, we make crypto-trading convenient, reliable and trustworthy for Indian traders.

– Akshit Khanna, co-founder and CMO

“Cryptocurrency is a game changer and everyone can benefit from it. With an inclusive and community-led approach, CryptoForce will help break down all the barriers Indian users face. By enabling community-level interactions between like-minded people – from seasoned traders to newbies – we bring clarity and empower them to trade with confidence.

Honestly, we want to change the way India thinks about money. We want to see cryptocurrency investments discussed at family gatherings – this is how people should feel comfortable

this subject which, in our opinion, is the future of money!

– Rahul Agarwal, co-founder and CPO

About CryptoForce:

CryptoForce, formerly known as Coinsbit India, is one of the premier cryptocurrency exchanges in India. Designed by Indian tech entrepreneurs to specifically cater to India’s growing cryptocurrency trading market, Cryptoforce allows individuals to trade in the local currency in 100% compliance with government regulatory requirements. The CryptoForce community offers its users information, advice and peer-to-peer interaction to explore the world of cryptocurrency with ease and confidence.

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