CoinSwitch Kuber review: Company launches ₹600 crore recovery program for WazirX users through CoinSwitch Cares
CoinSwitch has unveiled CoinSwitch Cares, an ambitious ₹600 crore recovery initiative designed to help users who suffered losses on WazirX regain financial stability and rebuild their crypto portfolios. Framed as a user-first campaign, the program aims to restore up to 100% of eligible losses, positioning CoinSwitch as a platform prioritizing community support and long-term trust in India’s digital asset ecosystem.
- Chosen by 3 200+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The company highlights that this initiative is part of its broader commitment to investor protection and transparent, responsible crypto services.
Full recovery potential with rewards for new and referred users
Under the CoinSwitch Cares program, eligible users can recover a significant portion – and in some cases up to 100% – of their lost assets by transferring their activity to CoinSwitch. As part of the onboarding process, new participants receive sign-up rewards of up to ₹15,000, issued upon depositing funds on the platform. CoinSwitch frames this benefit as a way to help users immediately begin rebuilding their holdings on what it calls “India’s safest platform.”To accelerate the rebuilding process, CoinSwitch is also offering referral rewards of up to ₹10,000. Users who invite other affected WazirX customers can unlock additional compensation, creating a network-driven model designed to help more investors recover faster.
100% revenue redistribution reinforces user-first philosophy
In conjunction with the recovery campaign, CoinSwitch is implementing a 100% revenue redistribution policy, ensuring that all income generated by its services goes back to the user community during the program period. This move underscores the company’s commitment to “putting people before profits,” and aims to differentiate CoinSwitch in a competitive Indian crypto market where user safeguards are increasingly important.CoinSwitch positions CoinSwitch Cares as both a recovery mechanism and a statement of responsibility – an effort to rebuild trust, support affected users and promote sustainable crypto adoption. By combining loss compensation, onboarding rewards and a full revenue redistribution model, the platform presents itself as a stabilizing force for Indian crypto investors navigating a turbulent environment.
We also reported that PU Prime launches $45k Christmas Lucky Draw.
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