Indian crypto platform CoinSwitch launches anti-fraud initiative

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The Indian crypto exchange CoinSwitch launched the SafeSwitch anti-fraud program on October 26, 2026. The initiative includes a 10-question quiz, a website security check tool, and reporting guidance. Scam reporting instructions highlight India’s cyber fraud hotline, 1930. CoinSwitch states that the inspection tool enhances security but does not guarantee complete protection. This move follows growing concerns over security breaches in crypto exchange news.

According to Mars Finance, citing Tech in Asia, Indian crypto trading platform CoinSwitch launched the SafeSwitch anti-fraud initiative on October 26, enhancing user awareness of online scams through scam identification quizzes, website security check tools, and reporting guidelines. The initiative includes a 10-question scam identification quiz, information about India’s cyber fraud reporting hotline, 1930, and tools to assist in website verification. CoinSwitch emphasized that the website check tool provides additional security references but does not guarantee absolute website safety.

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