Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch
The exchange said customers can deposit and withdraw rupees through bank transfers and access spot trading, perpetual futures and institutional tools.
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8 Articles
US-based Coinbase offers trading using Indian rupee
US-listed cryptocurrency exchange Coinbase is allowing users in India to make trades using the rupee, marking a key expansion of its services in Asia’s third-largest economy. Customers can deposit and withdraw rupees through the so-called immediate payment service channel, the company said on Monday. They will also have access to spot trading across a range of assets, alongside perpetual futures contracts covering major crypto assets, the compan…
Coinbase launches in India with direct INR support: How to deposit rupees, trade crypto and withdraw funds
Coinbase has launched operations in India, allowing users to deposit and withdraw Indian Rupees directly. This eliminates the need for peer-to-peer transactions, and users can trade various crypto assets with local order books and advanced trading tools.
India is our North Star: Coinbase’s John O’Loghlen on market re-entry and expansion
Coinbase will be rolling it out its global offerings in India over the coming months aligning with its ‘Everything Exchange’ strategy. Some of these features include tokenized equities, decentralised exchange, DeFi lending and borrowing -- all through its retail app.
Coinbase Launches Direct INR Deposits And Withdrawals In India
Coinbase has launched direct Indian rupee deposits and withdrawals in India, giving local users a bank-to-crypto route through IMPS without relying on peer-to-peer funding or third-party intermediaries. Indian customers can now deposit and withdraw INR directly on Coinbase, trade spot markets across supported crypto assets and access perpetual futures contracts on major cryptocurrencies. The exchange has also built local INR order books for Indi…
Coinbase Launches Direct INR Deposit and Withdrawal Rails in India
Why Is Coinbase Launching Direct INR Transfers Now? Coinbase is launching direct Indian rupee deposit and withdrawal rails for customers in India, giving users a cleaner path between bank accounts and crypto markets in one of the world’s largest digital asset economies. Starting June 1, 2026, Indian customers will be able to deposit and withdraw rupees directly through the Immediate Payment Service, or IMPS. The change removes the need for peer-…
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