P2B vs Coinswitch: Fees, Security, Features & Which to Choose (2025)

Trying to choose between P2B and Coinswitch This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

P2B

Coinswitch

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

China

Canada

United Kingdom

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

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P2B is ideal if:

Offers a high-performance launchpad engine that’s launched over 2,000 crypto projects without token-holding requirements—perfect if you’re a founder or eager early-stage investor.
Built for both beginners and businesses, it blends approachable trading with go-to-market support—ideal if you want a trading platform with strategic listing expertise.
Packs robust multilingual support, fast interface, and loyalty tiers—suiting you if you appreciate accessible, efficient trading plus escalating benefits for active users.

Coinswitch is ideal if:

Perfect for quick, hassle-free trades — its aggregator model lets you instantly compare and access the best prices across multiple exchanges without managing several accounts.
Great for beginners and casual users — ultra-simple interface, fast KYC, and mobile support make it easy to get started and trade on the go.
Handy for privacy-focused and non-custodial users — you keep control over your assets, with no need to deposit funds into the platform itself.

P2B isn’t ideal if:

Limited regulatory clarity, which may cause uncertainty and higher perceived legal risk if you prefer fully regulated platforms.
Basic trading tools only, lacking advanced features like margin trading or sophisticated order types—less suited for power users or active traders.
Occasional withdrawal delays or support gaps, meaning if fast access to funds and responsive customer service are vital to you, P2B may fall short.

Coinswitch isn’t ideal if:

You need advanced trading tools — CoinSwitch’s aggregator model doesn't offer structured margin trading, charting, or deep order book functionality.
You expect full transparency on fees — its fees are embedded in the quoted rates, which may feel less clear than openly itemized costs.
You rely on ready access to fiat withdrawals — crypto-to-fiat conversions and bank withdrawals might be slower or less seamless than full-fledged exchange platforms.

Fees & Total Costs

Spot Maker/Take

P2B uses a tiered structure based on 30-day trading volume, starting at 0.2 % for both maker and taker, decreasing gradually to as low as 0.01 % maker and 0.1 % taker at the highest volume tiers.

CoinSwitch applies a tiered fee model for spot trading where fees decrease as your 30-day trading volume grows—casually higher at entry-level tiers, tapering gradually for higher volumes to reward active traders, without locking you into token-based discounts.

Futures/Derivatives

P2B does not currently offer futures or derivatives trading on its platform.

On CoinSwitch PRO, perpetual futures contracts include distinct maker and taker costs—maker being lower than taker—and although explicit funding rates aren’t publicly outlined, they operate as standard for perpetual contracts, adjusting with market conditions and applied periodically.

Average Spreads on Liquid Pairs

Typical spread data isn’t publicly listed, but high liquidity in top pairs like BTC/USDT and ETH/USDT suggests spreads are likely competitive and in line with other major spot exchanges.

Although specific spread figures aren’t published, CoinSwitch leverages aggregated liquidity from multiple venues, so spreads on major pairs like BTC/USDT or ETH/USDT tend to be competitive, reflecting real-time best market prices sourced from deeper pools.

Fiat Deposits & Withdrawals

Users can deposit fiat via wire transfer or credit card; withdrawals are available for fiat but come with percentage-based fees (e.g., 1 % for USD, 5 % for EUR) and processing time varies by method and currency.

Fiat transactions are handled via standard banking channels (like transfers or UPI/net banking), offering reliable but somewhat slower processing, with modest cost differences depending on method—fast and instant options are often available but may incur slightly higher charges.

On-chain Withdrawals

Crypto withdrawals such as BTC are charged a fixed network-based fee (for example, around 0.0005 BTC), with similar fixed fees applied across supported blockchains like Ethereum and Tron.

Crypto withdrawals—when accessible—are priced according to network demand, meaning fees adapt dynamically (e.g. BTC, ETH, TRX), rather than being pegged to fixed amounts, helping align closely with actual blockchain conditions.

Hidden Costs

Users may encounter extra charges—including currency conversion fees, inactivity penalties, or expedited KYC service fees—though specifics are not always disclosed, and should be factored into overall costs.

Users should stay aware of currency conversion spreads when moving between fiat or crypto pairs, fees tied to prolonged inactivity or expedited KYC processes, and possible deviations embedded in quoted prices that may not appear separately itemized.

Real-World Cost Example: “€500 BTC

If you purchased €500 worth of BTC, you’d pay the trading fee (~0.2 %) plus any embedded spread, and then send funds on-chain—incurring the fixed BTC withdrawal fee—resulting in a slightly lower net amount of BTC received than the nominal purchase suggests.

Buying approximately 500 EUR worth of BTC would involve the spot fee applied to that amount, plus any spread embedded in the purchase price, and then the chosen method’s withdrawal or network cost; in practical terms that means slightly less than 500 EUR in BTC once all trading and transfer costs are accounted for.

Crypto Offering & Trading Features

Number of Coins & Pairs

P2B currently supports around 118 to 120 cryptocurrencies and approximately 185 trading pairs, with its top 20 pairs including highly liquid ones such as ETH/USDT, BTC/USDT, BTC/USD, LTC/USDT, BNB/USDT, SOL/USDT, ADA/USDT, AVAX/USDT, and XRP/USDT.

CoinSwitch offers access to hundreds of cryptocurrencies—figures vary between 250+ to 650+ depending on the platform tier—and more than 45,000 trading pairs in total, with the top 20 by volume typically including major assets like BTC/USDT, ETH/USDT, SOL, ADA, and BNB on CoinSwitch PRO.

Product Range

The platform offers spot trading, access to launchpad/IEO/IDO participation, staking/earning opportunities, API-based trading, but does not offer margin, futures or derivatives like perpetuals, options, ETFs, lending, copy trading, grid bots, or automated DCA.

Users can trade spot and perpetual futures (no margin) and now have access to crypto options with flexible expiries; original aggregator features include SIP (automated regular buys), SmartInvest, and advanced API functionality, while products such as ETFs, staking, loans, copy-trading, grid bots, or automated DCA aren’t supported.

Liquidity

P2B delivers notable liquidity, with 24-hour volumes exceeding one billion USD; ETH/USDT alone often sees hundreds of millions in daily volume, while BTC/USDT also ranks among the most traded, indicating solid order book depth.

While CoinSwitch doesn’t maintain its own order book, it taps into partner exchanges to deliver deep liquidity, especially on BTC and ETH pairs—ensuring solid 24-hour volume and book depth via aggregated sources, even though precise volume figures aren’t publicly disclosed.

Tools

P2B’s trading interface includes limit and market orders (stop, OCO not clearly offered), customizable charts with drawing tools, real-time API access, but lacks native TradingView integration and order alerts as detailed features.

The PRO interface includes essential order types like market, limit, and stop-loss (plus OCO in some cases), integrated TradingView charts, real-time alerts, and a robust API/WS setup for both spot and futures—though native TradingView remained limited to charting without full platform integration.

Geographic Restrictions by Product

Some advanced offerings like derivatives are simply not available globally—P2B lacks complex products, and certain country-specific access (e.g., full product access in the U.S.) may be limited by regulation and platform policy.

Advanced instruments such as futures and the newly launched crypto options are generally limited to Indian users or select jurisdictions; more restrictive regions may only have access to basic spot aggregation services, not derivative products.

Innovation

P2B distinguishes itself with a launchpad (IEO/IDO) that has grown over 2,000 projects and raised significant funds, supports multiple blockchains (24 integrated) and offers both flexible and structured earn/staking opportunities for users and projects.

CoinSwitch continues innovating with features like crypto options offering multiple expiry choices, and varied investment tools like SIP and SmartInvest; however, traditional forms like launchpads, launchpools, flexible vs locked yield programs remain absent from its ecosystem.

Security, Regulation & Custody

Operating Entity & Jurisdiction

P2B is operated by a Lithuania-based company (often referenced as Partida Services), established around 2018, with links also to Ukraine and Spain, while ambiguously listing the UK as a “competent jurisdiction” despite lacking clear legal basis there.

CoinSwitch is operated by operating entities such as Bitcipher Labs LLP (and related entities), incorporated in India and headquartered in Bengaluru, and has been active since its founding in 2017, serving as one of the country’s primary crypto platforms.

Licenses/Registration

P2B is not officially licensed under top-tier global regulators or registered as a Virtual Asset Service Provider (VASP) under EU MiCA or equivalent frameworks, making its regulatory standing opaque and reinforcing its classification among less-regulated platforms.

The platform is registered with India’s Financial Intelligence Unit (FIU-IND) and complies with KYC, AML, and CFT regulations; it also holds ISO/IEC 27001:2022 certification for its data security framework.

Custody

There is no public evidence that P2B uses third-party custody services, publishes standard Proof of Reserves (PoR), or discloses the percentage of assets in cold storage—indicating limited transparency in how user assets are safeguarded.

Custody is managed via trusted third-party custodians using multi-party computation (MPC) safeguards and encrypted cloud infrastructure; CoinSwitch publishes regularly audited Proof of Reserves reports that consistently show it holds assets equal to or exceeding client holdings.

Insurance & Protection Funds

P2B does not advertise any insurance coverage or protective funds for user assets, such as those that might cover losses from hacks or insolvency, which implies users bear most of the custodial risk themselves.

There is no public mention of any insurance policy or dedicated protection fund for user assets beyond standard safeguards and reserve backing.

Incident History

There are no recorded instances of major hacks or service suspensions publicly documented, but the platform’s downgraded compliance rating and warnings from regulators like the Canadian BCSC raise concerns about its operational risk profile.

There are no notable past incidents of hacks, service suspensions, freezes, or regulatory fines reported for CoinSwitch, indicating a clean security track record.

Risk Controls

P2B generally supports basic safety features including two-factor authentication (2FA) and KYC processes, though more advanced security tools like API key whitelisting, sub-account structure, anti-phishing protection, or fine-grained API permissions are either limited or not clearly detailed.

To protect user assets, CoinSwitch enforces two-factor authentication (2FA), PIN or biometric app locks, SSL/TLS encryption, anti-phishing measures, and secure API key management; however, support for sub-accounts or API permission granularity is not prominently featured.

Transparency

The exchange lacks routine public reporting such as monthly transparency reports, does not offer a publicly verifiable wallet address list, and does not present any formal service-level agreements (SLA), making its transparency practices minimal.

CoinSwitch demonstrates transparency through independently reviewed Proof of Reserve publications and publishes reserve audits; while live wallet addresses are sometimes shared, there’s no formal SLA or regular monthly user reports.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Users can fund their account via credit/debit cards (e.g., Visa/Mastercard via Simplex), third-party e-wallets like ADVcash or Perfect Money, and bank wire transfers; deposit minimums vary by provider while processing ranges from near-instant (cards) to a few days (wires).

The platform supports Indian users primarily with UPI and bank transfers, offering straightforward deposit flows with rapid crediting; there are generally no stated minimums or maximum limits, yet processing can take up to 24–48 hours in edge cases.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

KYC is optional; unverified users face a daily withdrawal cap (~$1,000–$2,000), while completing full identity verification—providing documents, selfie, address—removes these limits and unlocks full account functionality.

Identity verification is quick and streamlined through a video-KYC process; most users complete a single KYC tier sufficient to unlock full trading capabilities—there are no distinct “basic” or “advanced” tiers publicly outlined, and limits are implied rather than formally segmented.

Withdrawals

Withdrawal time depends on the asset and wallet (up to 24 hours or 36 hours for cold storage); users choose networks (e.g., ERC20, TRC20, BEP20) when available, with limits and speeds tied to asset and verification level.

Withdrawals are available via supported networks such as ERC-20 or TRC-20 where applicable; timing is generally swift once initiated, though specific withdrawal ceilings aren’t transparently listed and depend on network conditions and anti-fraud checks.

Customer Support

Support is offered 24/7 via live chat, email, Telegram, and a comprehensive knowledge base, with response times generally fast; resource materials and FAQs help resolve most routine inquiries quickly.

Support includes 24/7 availability through in-app chat, email ticketing, and a dedicated FAQ hub that handles common issues; response times vary but generally resolve routine inquiries promptly, with clear procedural guidance available online.

Languages & Localization

The platform interface is available in several languages (including English, Spanish, Korean, Russian, Turkish, Thai), displays fees and balances in EUR or USD, but doesn’t tailor regulatory details per region beyond the general operating framework.

The interface is fully English and tailored for Indian users with INR display and local payment integration; fees appear in INR though sometimes mirrored for understanding in USD/EUR, and regulatory messaging aligns with Indian compliance norms.

App Quality & Stability

The web interface is modern and robust with advanced charting and API stability, but mobile apps are inconsistently available—Android is claimed but hard to find, and iOS may be missing—possibly affecting mobile reliability.

CoinSwitch’s mobile app receives frequent updates, with recent versions focused on improved UI, enhanced security, performance optimization, and greater stability; overall, the app is robust and reliable for daily trading.

Experience, Performance & Ecosystem

UX/UI

The interface is crafted to balance simplicity with functionality—while there’s no explicit “Lite/Pro” toggle, the trading dashboard presents a clean design with candlestick charts, multiple technical indicators, and customizable layout elements, allowing both newcomers and more experienced users to tailor their view.

The mobile app provides a clean, intuitive interface designed for instant onboarding, ideal for beginners, while CoinSwitch PRO caters to advanced users with a denser, more data-rich screen optimized through a recent redesign for better structure and faster coin discovery.

Performance

Thanks to its high-speed matching engine capable of handling up to 10,000 transactions per second, P2B maintains notably fast order executions even during high-volatility periods; user reports indicate the platform remains stable with minimal latency spikes, though KYC delays can occur during sharp bull runs.

An enhanced matching engine powers faster trade executions and clear pre-trade pricing details, helping reduce lag even during volatile periods; historically, the platform maintains stability under load with no widely reported outages or excessive KYC delays.

Education

The platform lacks a formal academy or demo simulator, but it does offer educational value through blog content, project launch tutorials, and insights in Spanish and other languages—though no structured demo or Spanish-language academy currently exists.

CoinSwitch maintains an active content hub featuring educational video series on futures and options, beginner-friendly explainers, and technical analysis blogs; however, while rich in English, the platform lacks Spanish-language learning resources or a full demo/simulator environment.

Community

P2B supports community engagement via official Telegram and live support messaging, has a referral program and periodic airdrop or trading competition incentives, but lacks a formal forum or Discord-based discussion hub for broader peer interaction.

The platform fosters an engaged user base through its newsletter updates, educational blogs, and community-driven feedback programs, and offers a referral program rewarding both users and friends, though there’s no official presence on Discord or public forum channels.

Integrations

The exchange offers its own graphical trading tools and APIs, yet it doesn’t provide direct integration with TradingView or external trading bots, nor specialized tax or accounting tool integrations at this time.

CoinSwitch PRO supports API trading with robust endpoints for spot and futures, including features like arbitrage-finder; it doesn’t yet offer native TradingView chart embeddings, external bot support, tax-specific integrations, or accounting tools.

Who Each One Is Best For

P2B suits traders who value a fast, intuitive trading experience with easy token launch participation—especially project creators or early investors—while those seeking advanced educational tools, trading automation, or social trading features may find it less fitting.

CoinSwitch suits beginners and long-term investors who value simplicity, trust, and educational support, with PRO attracting semi-professionals or tech-savvy traders; full-fledged traders or institutional users seeking highly customizable tools may find the platform’s ecosystem still maturing.