Coinbase launches direct INR deposits and withdrawals in…

Coinbase has officially launched direct INR rails in India, enabling users to deposit and withdraw Indian rupees via IMPS and trade both spot markets and perpetual futures on major crypto assets. The move marks a significant step for the exchange's presence in one of the world's largest and fastest-growing crypto markets.

Coinbase confirmed it is registered with India's Financial Intelligence Unit (FIU-IND) and fully compliant with local tax requirements. The exchange has also built dedicated local INR order books, meaning Indian traders will benefit from tighter liquidity rather than routing through global books alone.

The launch signals Coinbase's long-term commitment to India — a market that has seen surging retail and institutional crypto interest despite a complex regulatory environment. Access to the global Coinbase exchange remains intact alongside the new local infrastructure.

Source: [Coinbase launches in India with direct INR rails](https://www.coinbase.com/zh-sg/blog/coinbase-launches-in-india-with-direct-inr-rails)