{"id":21248,"date":"2025-05-13T12:00:22","date_gmt":"2025-05-13T06:30:22","guid":{"rendered":"https:\/\/coinswitch.co\/building-blocks\/?p=21248"},"modified":"2025-05-13T16:13:52","modified_gmt":"2025-05-13T10:43:52","slug":"coinswitch-cares-a-users-guide-desktop","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/building-blocks\/coinswitch-cares-a-users-guide-desktop\/","title":{"rendered":"CoinSwitch Cares: A User\u2019s Guide"},"content":{"rendered":"

Good times keep rolling at CoinSwitch! \u2018CoinSwitch Cares\u2019 is a one-of-a-kind \u20b9600-crore recovery program to help users impacted by the alleged WazirX cyber attack of July 2024.<\/span><\/p>\n

Good times keep rolling at CoinSwitch! \u2018CoinSwitch Cares\u2019 is a one-of-a-kind \u20b9600-crore recovery program to help users impacted by the alleged WazirX cyberattack of July 2024.<\/span><\/p>\n

The program seeks to give users an opportunity to recoup losses and provide a boost to the Indian crypto community. Affected users can recover losses, earn rewards, and confidently re-enter the market through this community-focused initiative.<\/span><\/p>\n

Users can visit the website (<\/span>www.coinswitch.co\/pro\/coinswitch-cares<\/span><\/a>), CoinSwitch mobile app, or PRO website to estimate rewards and take the first step toward financial recovery.\u00a0<\/span><\/p>\n

Let\u2019s Play by the Rules\u00a0<\/strong><\/h2>\n

The program is open to those who have lost money in the alleged cyberattack on WazirX.\u00a0<\/span><\/p>\n

Users have the option to deposit funds immediately to start earning rewards or wait for WazirX to release their funds and deposit them to CoinSwitch.\u00a0<\/span><\/p>\n

Users should submit their WazirX Creditor_ID and USD balance through our portal (<\/span>www.coinswitch.co\/pro\/coinswitch-cares<\/span><\/a>), CoinSwitch mobile app, or PRO website to estimate rewards.<\/span><\/p>\n

The signup reward is capped at \u20b915,000 per user, and the referral reward is capped at \u20b910,000 per user.<\/span><\/p>\n

This initiative has the potential to offer significant financial relief to over 4 million affected users while rebuilding confidence in the Indian crypto ecosystem. <\/span><\/p>\n

Switch to Recovery Mode<\/strong><\/h2>\n

Here\u2019s a step-by-step guide on how to enroll in the recovery program.<\/span><\/p>\n

Step 1:<\/strong> Use the <\/span>Estimate Calculator<\/span><\/a> on our website to determine your potential rewards and recovery. To do this, you must submit your WazirX Creditor ID and USD balance details, which can be found in your WazirX account by following the steps below.<\/span><\/p>\n

Step 2:<\/strong> Open the following link (<\/span>https:\/\/wazirx.com\/funds\/july-18<\/span><\/a>) and login to your WazirX account, if you haven\u2019t previously. Once logged in, a screen like the one below will be visible to you.<\/span><\/p>\n

\"\"<\/p>\n

Step 3:<\/strong> Copy the \u2018Unique Scheme Creditor ID\u2019 from the page by clicking the Copy button and paste the same in the CoinSwitch input box.<\/span><\/p>\n

\"\"<\/p>\n

Step 4:<\/strong> Note the USD balance value mentioned on the page (as referenced in the screenshot) and enter it in the corresponding input box on the CoinSwitch input box. Make sure you note the USD value and not the INR value.<\/span><\/p>\n

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Step 5: <\/strong>Register<\/span><\/a> on CoinSwitch and complete the KYC process to activate your account. Existing CoinSwitch users can simply log in to start.\u00a0<\/span><\/p>\n

Step 6:<\/strong> Now you can start earning your signup reward by depositing INR or crypto from anywhere and through referrals. Once <\/span><\/p>\n

WazirX allows withdrawals, transfers those funds to CoinSwitch to maximize your recovery benefits.<\/span><\/p>\n

Rewards and more!<\/span><\/p>\n

The rewards will be credited to the user\u2019s CoinSwitch account regularly in INR or crypto, starting May 22, 2025.<\/span><\/p>\n


\n<\/span>Here\u2019s a glance at what’s on offer for eligible WazirX users:<\/span><\/p>\n