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Interview: Altcoins add ‘noise’; BTC fundamentals drive real financial progress, says GetBit’s Abhay Agarwal

With the popularity of digital assets and blockchain technology rising rapidly worldwide, India is keeping pace with the global trend.

The country has emerged as the top nation for cryptocurrency adoption in 2025, according to the sixth annual Chainalysis Global Crypto Adoption Index.

The United States follows closely in second place, underscoring growing enthusiasm for digital assets in both economies.

India’s prominence is also reflected in the number of active platforms.

The country now hosts more than 50 cryptocurrency exchanges, including global giants such as Binance and homegrown players like CoinDCX.

Yet, with hundreds of tokens available across these exchanges, investors often face confusion and information overload.

This is where GetBit, India’s first Bitcoin-native financial services platform, seeks to stand apart by focusing exclusively on Bitcoin.

“Bitcoin, by its very nature, is fundamentally unique, limited in supply, truly decentralised, and free from corporate ownership. It embodies what digital currency was meant to achieve: security, reliability, and long-term value. By exclusively supporting Bitcoin, we remove the “noise” that altcoins introduce and protect our users from unnecessary risks,” GetBit founder and CEO Abhay Agarwal tells Invezz.

Agarwal also outlined how GetBit hopes to carve out an edge even for investors already focused solely on Bitcoin, pointing to its growth strategy and plans to differentiate itself from multi-coin exchanges.

Why a Bitcoin-only crypto exchange?

Invezz: What made you stick to a Bitcoin-only crypto exchange when other Indian crypto exchanges are offering such a wide range of cryptocurrencies?

At GetBit, the decision to remain a Bitcoin-only exchange is rooted in a commitment to clarity and integrity.

Unlike other platforms that promote hundreds of tokens, often resulting in confusion and speculative gambling, we prioritize transparency and user empowerment.

Bitcoin, by its very nature, is fundamentally unique, limited in supply, truly decentralised, and free from corporate ownership.

It embodies what digital currency was meant to achieve: security, reliability, and long-term value.

By exclusively supporting Bitcoin, we remove the “noise” that altcoins introduce and protect our users from unnecessary risks.

This choice allows us to build a platform that stands apart as a trusted gateway to the world’s most proven digital asset.

We want our users to have full confidence in their holdings, understanding exactly what they’re investing in, without the distractions or pitfalls of short-lived speculative trends.

Why should a BTC-only investor choose GetBit over a multi-coin exchange?

Invezz: What other features does GetBit offer that will make a BTC-only investor switch from say, a CoinDCX to your exchange?

GetBit is India’s first and only Bitcoin-native platform by Bitcoiners and for Bitcoiners.

We deeply understand the core ethos of Bitcoin and firmly uphold the principle of “not your keys, not your coins.”

This means we believe in empowering our users with true ownership by enabling seamless and free self-custody of their sats, rather than leaving their Bitcoin vulnerable on an exchange wallet prone to technical failures or hacks.

Our platform combines transparent pricing, a clean and user-friendly design, and innovative features like Bitcoin SIPs starting at just ₹100, alongside Bitcoin gifting and referral bonuses to encourage wider adoption.

With fast onboarding approvals in just 10-12 minutes, we deliver an experience fundamentally different from conventional exchanges.

At GetBit, our mission is to build a trusted home for Bitcoin investors committed to security, clarity, and the original Bitcoin philosophy.

Aim for a tenfold growth in the user base by the end of this financial year

Invezz: How many users have you onboarded, and how many are you targeting to onboard by the end of this year/financial year?

Currently, GetBit proudly serves a thriving community of 50,000 users.

With the energy and optimism brought by the ongoing bull run, our goal is to scale rapidly, aiming for an ambitious tenfold growth by the close of this financial year.

Our focus on simplicity, security via self-custody, and user education positions us for sustainable success.

Growth isn’t just about numbers; it’s about building a movement of informed investors who truly understand Bitcoin’s potential.

We measure progress not only in user count but also in creating a community committed to long-term value and responsible adoption.

This vision drives our strategy as we work to bring the benefits of Bitcoin to a much wider audience across India.

Altcoins have become a target for scammers as users get tempted by stories of “get rich quick”

Invezz: What is your reading of Indians’ knowledge of the crypto world—could you share some surprising insight, and what are the gaps that need to be filled?

India’s journey toward financial literacy is ongoing, with only 27% of adults meeting adequate standards according to the National Centre for Financial Education.

The gap is even more pronounced in crypto, where excitement often outpaces understanding.

Too many are tempted by stories of “get rich quick”, sometimes unaware of the inherent risks.

This has made altcoins a target for scammers and led to widespread misinformation, leaving investors vulnerable.

At GetBit, we believe education must be at the core of every transaction.

That’s why we launched initiatives like “Bitcoinwaale” hosting community meetups and online forums where users learn the basics of sound money and Bitcoin.

Our mission is to shift India’s crypto narrative from speculation to empowerment.

We want users to make informed decisions, protect their savings, and build generational wealth based on knowledge, not hype.

Will expand not by adding more coins but by innovating within BTC’s ecosystem

Invezz: Apart from Bitcoin, Ethereum, Solana, Dogecoin and a few other cryptocurrencies are also traded widely in India. Would you ever look at expanding your offering without compromising on the USP of your platform?

Our unwavering focus remains on Bitcoin because it stands for clarity, trust, and proven long-term value.

While the Indian market sees active trading in Ethereum, Solana, Dogecoin, and other tokens, we believe that real financial progress comes from deep engagement with Bitcoin’s fundamentals.

Expansion for us doesn’t mean diluting our principles by adding speculative assets instead; it means innovating within Bitcoin’s ecosystem.

That includes introducing Bitcoin-backed products, which empower users to leverage their holdings responsibly and securely.

Every new service we offer is built around enhancing the Bitcoin ownership experience, not creating distractions.

Our strategy is centred on growing with Bitcoin, remaining true to its ethos, and giving our users the depth and reliability they deserve from their digital investments.

Institutions typically allocate 1% to Bitcoin as part of diversified client portfolios

Invezz: You have worked with a traditional finance giant like Citibank, but are now strongly supporting a crypto revolution. What is the ideal mix of crypto and traditional investment instruments in a portfolio, looking at the markets today?

A well-designed investment portfolio should be balanced, much like a thoughtfully prepared Indian thali.

The aim is to safeguard against inflation and the gradual erosion of savings, using every available financial tool wisely.

Today, forward-thinking institutions are recognising Bitcoin’s power as a store of value, often allocating a small portion, typically one percent, to it as part of diversified client portfolios.

This reflects a growing trust in Bitcoin’s resilience alongside traditional assets.

For individual investors, the key is not to chase trends but to invest with conviction and awareness.

A thoughtful mix of stocks, bonds, real estate, and a measured exposure to Bitcoin can help achieve both security and growth.

The right blend depends on personal goals, risk tolerance and individual conviction on a certain asset, but informed diversification is the cornerstone of sustainable wealth.

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