Coinbase launches in India with direct INR rails

India and Coinbase

India has long been one of the most important markets in crypto: in terms of developer talent, trading activity, and the broader adoption of blockchain technology. We've been paying attention for a while.

Over the past few years, we've invested meaningfully in the Indian ecosystem. We're an investor in CoinDCX, one of India's leading crypto exchanges. Through Base, our Ethereum Layer 2 network,  we've put over $1 million into the Indian builder community through hackathons, direct grants, and fellowships. More than 4,000 builders in India have built on Base, and around 150 of those projects have grown into real startups. We've sponsored Indian students and founders to the Network School in Malaysia, flown teams to New York and San Francisco to pitch at demo days, and continued to grow our on-the-ground presence across the country. We registered with FIU-IND and comply with all Indian taxation law requirements, because we're here for the long term. 

Today, we're taking the next step: making Coinbase fully accessible to Indian retail traders with direct INR support.

What's available

Indian customers can now deposit and withdraw INR via IMPS, without reliance on P2P rails or intermediaries. Customers have access to spot trading across a range of assets, alongside perpetual futures contracts covering major crypto assets. We have built local INR order books that provide dedicated liquidity for Indian customers, with continued access to our global exchange.

For customers seeking advanced functionality, Coinbase Advanced offers professional-grade tools, including APIs built to institutional standards, WebSocket order book streaming, and a full range of order types. TradingView charting is integrated for customers who prefer a discretionary approach.

Fees and execution

Taker fees on Coinbase Advanced are competitive when benchmarked against local platforms, and there are no deposit fees on INR. Beyond headline fees, execution quality matters, particularly for higher-volume traders. Deep global liquidity tends to mean tighter spreads and lower slippage compared to thinner local order books, which affects total cost of trading in ways that aren't always visible upfront.

Trust and security

Coinbase is listed on NASDAQ under the ticker $COIN and is a member of the S&P 500. We publish audited financials quarterly and are the custody partner for BlackRock and roughly a third of the world's largest asset managers.

We hold the majority of customer crypto in cold storage, maintain a dedicated crime insurance policy covering theft and cybersecurity incidents, and are regularly audited against industry security standards. 

For Indian customers, our FIU-IND registration means we operate under the compliance framework established for virtual digital asset service providers in India.

Getting started

The full flow is straightforward: deposit INR from your bank account via IMPS, trade on spot or futures markets, and withdraw INR back to your bank when you're ready. No additional steps, no workarounds.

If you're already a Coinbase user, INR support is currently being rolled out. If you're new to Coinbase, you can create an account at coinbase.com.

We're glad to be here.