This April Fool’s Day CoinSwitch calls upon #NoFraudSquad; a bounty hunt to fight scams

March 30, 2023

Participants can win prizes up to INR 1 lakh*

CoinSwitch, India’s largest crypto Investing platform, launched a unique awareness campaign through a bounty hunt to educate Indians about scams targeting crypto investors. The initiative, #NoFraudSquad, aims to equip users to identify scams like fake web domains and phishing on social media. Participants can report such scams that impersonate the company here, and stand a chance to win a prize from a reward pool worth upto Rs 1 lakh.

Running from March 30 to April 1, the #NoFraudSquad campaign aims to encourage crypto investors in India to be vigilant about their finances.

With crypto’s increasing adoption in India, instances of scamsters impersonating prominent institutions like CoinSwitch to cheat users of their money, are on the rise. The #NoFraudSquad campaign is an effort by CoinSwitch to enhance awareness and equip its users with the knowledge to identify and combat fraudulent activities,” said Vimal Sagar Tiwari, Co-Founder and COO of CoinSwitch.

Such campaigns are particularly important as crypto is still in its early stages and assets are online,” he added.

The winners of the bounty hunt will be announced by the company on their social media on April 03, 2023, ten (10) participants can win prizes from a reward pool worth INR 1 lakh.


About CoinSwitch
CoinSwitch is on a mission to Make Money Equal for All. India’s largest Crypto investing app and a Great Place to Work®, CoinSwitch is creating an ecosystem that simplifies Crypto and is trusted by over 19 million registered users. The company was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures. The company is evolving into a wealth-tech destination by building a platform that democratizes investments for everyone—making them simple, safe and accessible to every Indian. For more information, visit:

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*Reward details and campaign T&C can be viewed here