Coinbase is facilitating direct deposits and withdrawals in rupees on its platform in India, becoming the only international crypto exchange offering this facility and giving it a major competitive edge over its biggest rival, Binance.
The Nasdaq-listed S&P 500 crypto exchange, which re-entered India after securing registration with the Financial Intelligence Unit in December 2025, is targeting a major share of retail and institutional customers, enabling trade in more than 500 crypto assets.
