The cryptocurrency market has undergone a seismic shift, emerging as a transformative financial asset globally. India, in particular, has become a powerhouse in the crypto universe, with the Chainalysis report highlighting its leadership in global cryptocurrency adoption in 2023 and 2024. This surge is driven by the increasing participation of both retail and institutional investors, underscoring the growing mainstream acceptance of digital assistance.
At the forefront of this crypto revolution is SunCrypto, one of India’s leading cryptocurrency exchanges, with a significant presence both nationally and internationally. Founded in 2021 by Mr Umesh Kumar and Mr Pramod Yadav, SunCrypto has achieved remarkable growth, boasting over 20,000,000 verified users and ₹1 lakh crore+ in total trading volume.
From its humble beginnings, SunCrypto has navigated the often-turbulent waters of the crypto market, emerging as a beacon of trust, simplicity, and education for millions of Indian crypto investors. With a clear vision to simplify the complex world of digital assets and make it accessible to every Indian, irrespective of their financial or technical background, SunCrypto has been instrumental in shaping the country’s crypto landscape.
SunCrypto’s journey is intertwined with the evolution of India’s crypto ecosystem, beginning right after the Supreme Court’s landmark decision to lift the ban on crypto trading in March 2020. This moment marks the beginning of a new era of opportunity, and SunCrypto stands at the helm, empowering the thoughts of people in India with knowledge and tools to successfully navigate the digital assets realm.
This month, SunCrypto celebrates a significant milestone – its fourth anniversary. This celebration is not just a reflection of the company’s growth over time but a testament to its unwavering commitment to empowering the Indian crypto community and its remarkable success story
From Vision to Millions: SunCrypto’s Growth Trajectory
SunCrypto’s growth has been nothing short of phenomenal. With 10,000 registrations on its first day, the platform quickly scaled to 25,000 in five days and over 50,000 within a month. This rapid growth continued, with 500,000 registrations by March 2022, 1 million users by May 2023, and 2.5 million users by June 2025. As of 2026, SunCrypto has reached over 5 million Indian-verified users.
The Key Driving Factors Behind SunCrypto’s Success
SunCrypto’s rapid expansion is attributed to several key factors that define its success:
• User-Centric Simplicity: An intuitive and user-friendly interface that caters to both seasoned traders and beginners, attracting users from Tier-III and Tier-IV cities, who constitute over 60% of their user base.
• Diverse Asset Offering: With over 400 cryptocurrencies supported, SunCrypto provides a vast array of options for users to build and diversify their digital asset portfolios, far exceeding many competitors.
• Robust Security Measures: Enhanced security protocols, collaboration with Ledger, and regular Proof of Reserve and Liability audits ensure transparency and financial stability, instilling trust in users.
• Instant Transactions & Multiple Payment Options: Lightning-fast KYC processes, instant deposits and withdrawals, and offers various payment methods, including NEFT, RTGS, IMPS, and UPI, streamlining the trading experience for its users.
• INR Buy and Sell: Directly buying and selling cryptocurrencies with Indian Rupees (INR) provides immense convenience and accessibility for the local market.
These are the major factors that empowered SunCrypto’s growth, making it a leading crypto player in the Indian market.
Empowering with Knowledge: SunCrypto’s “Learn & Earn” Philosophy
SunCrypto’s success extends beyond its trading platform, driven by its commitment to educating and empowering users through its “Learn & Earn” philosophy. The company understands that informed users are empowered users and has heavily invested in initiatives that promote knowledge and awareness about the Indian crypto community.
• SunCrypto Academy and YouTube Channel: Providing a wealth of educational content, from basic blockchain concepts to advanced trading strategies, market reports, and news updates.
• Seminars and Events: Organising events and seminars, particularly targeting the younger generation, to spread awareness and knowledge about the crypto market.
• Taxation Support: Collaborating with taxation experts like TaxCryp to provide users with easy-to-use tax reporting tools and guidance, demonstrating a proactive approach to user support and compliance.
Key Milestones and Achievements SunCrypto has achieved multiple milestones since its incorporation. Some of the notable accomplishments include:
• Foundation and Early Success: SunCrypto was founded and launched beta testing in June 2021, followed by official founding by Umesh Kumar and Pramod Yadav in September 2021. The company has rapidly expanded its user base, crossing over 500,000 users in March 2022 and 1 million users in May 2023.
• Product Development: The company launched its iOS app version in June 2022 and later launched its desktop trading platform in June 2024. The company has consistently expanded its token offering and added more than 70 new tokens last year, reaching 400+ supported currencies.
• Transparency and Accountability: SunCrypto published its first Proof of Reserve and Liability audit reports in December 2022, July 2023, and June 2024, demonstrating its commitment to transparency and accountability. • Achievements and Recognitions: It achieved the “Great Place to Work” certification in June 2024.
• Development and Innovation: The company successfully launched an OTC (Over-The-Counter) desk for HNIs and institutional clients, catering to larger trading volumes. It also introduced ‘Crypto Features Trading’ for all Indian users in June 2025.
• Growth and Performance: SunCrypto crossed 1 million users and announced a collaboration with TaxCryp. It reported high trading volumes and a major increase in Assets Under Management (AUM) throughout 2024-2025.
Looking Ahead: A Promising Future As SunCrypto embarks on its fifth year, the future shines bright with promise. Built on a foundation of trust, innovation, and user empowerment, the company is primed for notable achievements. The launch of Crypto Futures Trading in June 2025 underscores its ambition to cater to a wide range of traders, solidifying its position in India’s rapidly evolving crypto landscape. Its key focus areas include:
• Education: Empowering users with knowledge for navigating the complex cryptocurrency world • Security: Focusing on solid measures to protect users’ assets and data
• User Experience: Delivering intuitive and seamless interactions SunCrypto’s journey over the past four years is a testament to the power of visionary leadership and dedication. As a homegrown Indian exchange, it not only played an instrumental role in shaping the nation’s financial future. Here is to many more years of innovation and excellence! Happy 4th Anniversary, SunCrypto! The Indian crypto community eagerly anticipates your continued contributions.
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