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CoinSwitch has recently unveiled its new feature called Web3 Coins, which enables users to access over 100,000 tokens directly in Indian Rupees (INR). This move is seen as a significant step forward in simplifying the process of trading decentralized cryptocurrencies.
The platform’s CEO emphasized that their primary goal is to make it easy for everyday investors to get involved with decentralized assets. They believe that this new feature will not only reduce complexity but also attract more users who were previously hesitant due to the complexities associated with traditional crypto exchanges.
Web3 Coins, which has been launched after rigorous testing and research, allows users to directly access over 100,000 tokens without the need for wallets or network fees. This could potentially open up a vast array of new investment opportunities to a much broader audience in India.
It’s worth noting that Web3 Coins is also designed to give users a more intuitive trading experience compared to traditional decentralized exchanges (DEXs). By removing these complexities and making the process easier, CoinSwitch aims to bring crypto trading within reach for millions of Indians who were previously unable or unwilling to engage with the market due to the lack of simplicity.
The launch of Web3 Coins is seen as a major expansion of accessibility in the cryptocurrency space.
Source: cryptotale.org
