Today we are launching CoinSwitch PRO Innovation Zone, to give our traders better access to the ever-evolving crypto landscape. In the Innovation Zone, we will list coins faster and earlier, just as our PRO traders had wanted.
CoinSwitch PRO is built with a simple purpose: To empower India’s advanced crypto traders to maximize their performance in the market. With one powerful account, PRO users can trade across multiple exchanges, access advanced real-time data, and leverage the arbitrage opportunities in the market.
Since its launch, thousands of traders have made CoinSwitch PRO their destination for high-frequency crypto trading. And they provide us with valuable feedback to improve the product even further. A common request we receive is to list more coins, and faster. While CoinSwitch PRO offers a diverse range of coins for trading—over 150 as of today—we understand that our list is by no means exhaustive. This is why we are launching CoinSwitch PRO Innovation Zone.
Exclusive to PRO users
DYOR—or do your own research—is a common saying in the world of crypto. At CoinSwitch, we go further: We equip our users with the information and resources to do their research through our in-house blog (explore Switch), in-app content, as well as through our social media channels. Further, we actively work to minimize the risk our users are exposed to.
Take, for instance, our stringent listing criteria. Our asset onboarding team evaluates crypto on various criteria—from methodology and fundamentals to community and support—to decide if and what cryptos we should list, and when. The flipside of these stringent criteria is that we are slow to list a coin on our platform. This is a deliberate choice to minimize the risk our retail users are exposed to. But the same conditions do not necessarily apply to CoinSwitch PRO. PRO’s advanced traders are equipped and experienced to take a reformed view of the risk-reward ratio of even outlier crypto assets. In fact, advanced traders often are on the lookout for such assets—and potential alphas. CoinSwitch PRO Innovation Zone will serve their needs.
Why an Innovation Zone?
Innovation Zone balances the need of our advanced traders to access a wider range of crypto assets and our stringent listing criteria.
As a dedicated tab on CoinSwitch PRO, Innovation Zone will house crypto assets that are in their early stage or have had lower liquidity or historic trading activity in the global markets. While this heightens the volatility and alters the risk-reward ratio, the advanced traders on CoinSwitch PRO are experienced and knowledgeable to price in these factors.
How to access Innovation Zone?
The Innovation Zone can be found as a separate tab on CoinSwitch PRO. These coins are exclusive to PRO, and will not be available to trade on the CoinSwitch app. CoinSwitch will continue to apply a rigorous due diligence process on all coins listed in the Innovation Zone. No crypto asset will be listed that does not meet our criteria. The slightly lower threshold than for the assets exposed to retail users is designed so that PRO’s advanced traders can discover new and exciting investing opportunities.
Benefits of Innovation Zone
- Access to a wider range of coins, including those that may be more volatile or risky.
- Opportunity to identify outliers and prospective alphas.
- Ability to participate in the early stages of innovative crypto projects.
- Potential for higher returns.
Risks of Innovation Zone
- Coins in the Innovation Zone may be more volatile or risky
- They may have lower liquidity than high market-cap crypto asset
- Historic data of these coins may be limited
As always, do your own research before making any trading decision.