When you hear "Cryptoforce," you might think of a big, reliable crypto exchange like Binance or Coinbase. But the truth is more complicated. There are at least three different things using that name - and only one of them might actually be worth your time.
What Is Cryptoforce Exchange?
The main platform calling itself Cryptoforce Exchange started in 2022 in Hyderabad, India. It was built for Indian traders who want to buy crypto with Indian Rupees (INR). Unlike many global exchanges, this one says it’s 100% compliant with India’s strict crypto tax and reporting rules. That’s a big deal in a country where regulations have shifted multiple times in the last five years.It supports over 129 cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Cardano. You can trade using INR or USDT. The platform claims zero fees on your first three trades - no commission, no network fees. That’s rare. Most exchanges charge at least 0.1% per trade, even for new users.
It’s open Monday through Saturday, 9 AM to 7 PM IST. No trading on Sundays. That’s unusual for a crypto exchange. Most operate 24/7. It suggests this platform is still small, maybe even testing the waters before going full-time.
The Dubai Version - Same Name, Different Rules
Here’s where things get messy. There’s another company using the name Cryptoforce, based in Dubai. It says it’s licensed by the Dubai Multi Commodities Centre (DMCC), which is a real regulatory body. If true, this version follows stricter international standards like FATF and FATCA. That means full KYC, encrypted data, and transaction monitoring.But here’s the problem: no one can confirm if this Dubai entity is officially connected to the Indian exchange. Their websites look similar. Their branding is identical. But their terms, support, and even trading pairs don’t match. If you sign up thinking you’re using the Indian version, you might end up under Dubai’s rules - and vice versa.
This isn’t just confusing. It’s risky. If you need help with a withdrawal and contact the wrong team, you could lose days - or worse, your funds.
The COF Token: A Ghost in the Machine
Then there’s Cryptoforce Coin (COF). It’s an ERC-20 token on Ethereum. You won’t find it on any major exchange. It only trades on Uniswap V2, and even there, volume is tiny - around $572 in 24 hours. The price? About $0.0000027 per token. That’s less than a penny per million tokens.It has no real use case. No team behind it. No roadmap. No partnerships. Just a token floating in DeFi with no demand. If you bought it, you’d need to hold it in a wallet like MetaMask. But selling it would be hard. There’s almost no liquidity. You might not find a buyer even if you lower the price.
This token isn’t part of the exchange. It’s a separate project - possibly a vanity project by someone who liked the name. Don’t confuse it with the trading platform. They’re not linked.
Is Cryptoforce Safe?
Safety in crypto isn’t just about encryption. It’s about transparency, track record, and trust.Cryptoforce Exchange claims to use advanced security, but there’s no public audit report. No proof of reserves. No third-party verification. That’s a red flag. Even smaller exchanges like KuCoin or Gate.io publish regular proof-of-reserves reports. Cryptoforce doesn’t.
And then there’s the volume issue. CoinMarketCap lists Cryptoforce as "untracked." That means the platform doesn’t provide verified trading data. Either it’s too small to matter - or it’s hiding activity. In crypto, untracked volume usually means one thing: low real trading. That makes it harder to get fair prices. Slippage could be high. Orders might not fill.
There are no reviews on Trustpilot. No Reddit threads. No YouTube breakdowns. No user testimonials. You won’t find anyone saying, "I withdrew $5,000 in 2 minutes." Or, "Customer support helped me fix my 2FA issue." That silence speaks louder than any marketing claim.
Who Is This For?
If you’re in India and you want to buy crypto with INR, Cryptoforce Exchange might be worth a quick test - but only with small amounts. The zero-fee first three trades are tempting. The INR support is real. The compliance angle is legit, if unproven.But if you’re outside India - especially in the U.S., Europe, or Australia - skip it. You’ll get better rates, faster support, and real security from exchanges like Kraken, Coinbase, or Binance. And if you’re looking for a long-term investment platform, Cryptoforce doesn’t offer staking, savings accounts, or institutional-grade tools.
As for the Dubai version? Unless you’re physically in the UAE and can verify their DMCC license yourself, don’t trust it. No one else has confirmed it.
What’s Missing?
Cryptoforce has the basics - a website, a list of coins, INR deposits. But it’s missing everything that makes an exchange trustworthy:- No public audit reports
- No proof of reserves
- No verified user reviews
- No mobile app (only web-based)
- No customer support channels listed clearly
- No educational resources for beginners
Compare that to WazirX, India’s largest exchange. It has a mobile app, 24/7 support, a $100 million security fund, and over 20 million users. Cryptoforce has none of that.
Should You Use Cryptoforce?
Cryptoforce is not a scam - not yet. But it’s not a proven platform either. It’s a gamble. You’re betting on a team with no public track record, no transparency, and no community validation.If you’re curious and want to try it, start with $20. Buy Bitcoin or Ethereum. See how fast the deposit clears. Test a withdrawal. Check if support responds. Then decide.
But if you’re serious about crypto - if you’re investing more than a few hundred dollars - go with a platform that’s been tested by millions. Don’t risk your money on a name that could vanish tomorrow.
The crypto world moves fast. New exchanges pop up every week. Most die within a year. Cryptoforce might be one of them. Or it might grow. But right now, there’s no evidence it’s ready for real users.
Is Cryptoforce a legitimate crypto exchange?
Cryptoforce Exchange is registered in India and claims compliance with local regulations, but there’s no public audit, proof of reserves, or verified user reviews. The Dubai-based entity using the same name is unverified. Without transparency, it’s not considered a legitimate exchange by industry standards.
Can I trade INR on Cryptoforce?
Yes. The Indian version of Cryptoforce Exchange allows deposits and withdrawals in Indian Rupees (INR) and supports trading pairs with USDT. This makes it one of the few platforms in India that offers direct INR crypto trading.
Is the COF token worth buying?
No. The COF token has a market cap under $1,000, trades only on Uniswap V2 with $572 in daily volume, and has no utility or team behind it. It’s not listed on any major exchange and is unlikely to increase in value. Avoid it.
Does Cryptoforce have a mobile app?
No. As of early 2026, Cryptoforce only offers a web-based platform. There is no official mobile app on Google Play or the Apple App Store. Any app claiming to be Cryptoforce is likely fake or malware.
Is Cryptoforce safe for long-term investments?
Not recommended. The platform lacks security transparency, has no track record, and shows minimal trading volume. For long-term holdings, use exchanges with verified reserves, insurance funds, and years of operation like Coinbase or Kraken.
Why is Cryptoforce not listed on CoinMarketCap as tracked?
CoinMarketCap only lists exchanges that provide verified trading data. Cryptoforce has not submitted or verified its volume metrics, so it’s marked as "untracked." This usually means either very low activity or lack of transparency - both are warning signs.
What are the alternatives to Cryptoforce in India?
WazirX, CoinSwitch Kuber, and Bitbns are larger, verified Indian exchanges with mobile apps, 24/7 support, and millions of users. They offer better liquidity, lower slippage, and public security audits - all things Cryptoforce currently lacks.
I'm a blockchain analyst and crypto educator who builds research-backed content for traders and newcomers. I publish deep dives on emerging coins, dissect exchange mechanics, and curate legitimate airdrop opportunities. Previously I led token economics at a fintech startup and now consult for Web3 projects. I turn complex on-chain data into clear, actionable insights.