Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai.

Coinstore launched its Indian app and website platform for spot trading and futures trades. It opens up an opportunity for Indian investors to invest in crypto. Before users can purchase or sell more than 50 cryptocurrencies, the platform requires Know Your Customer verification.