Karsha Exchange

What Karsha Exchange does

Karsha Exchange operates a self-serve cryptocurrency exchange platform accessible via its website (karsha.biz) and a proprietary Telegram bot (@KarshaBizBot), with no identity verification or registration required for users. The platform supports over 440 cryptocurrencies and tokens and is accessible through the Tor network via a .onion address for users prioritizing anonymity. The company is incorporated as Karsha Business & Technology Inc. in Dubai, United Arab Emirates, where it relocated in 2015, and was originally founded by Masoud Gheysari in 2006/2009, making it one of the earliest Bitcoin service providers still in operation.

The platform's core technology centers on a proprietary dynamic exchange rate system that calculates rates based on supplies, market volatility, order direction, and buy/sell ratios, paired with an automated Token & ICO subsystem that enables free self-service registration of Ethereum ERC20/ERC223/ERC777 tokens. An API is available for developers and partners, and a Token Administration Panel allows token issuers to manage listings, pricing, and withdrawals. The technology stack is purpose-built for anonymity and ease of use rather than for advanced AI or quantitative trading features.

Karsha monetizes primarily through a roughly 1% transaction fee on exchanges (variable based on market conditions), a non-refundable $500 coin listing fee, and a revenue-share program offering token issuers up to 50% of fees from referred volume. Additional revenue comes from premium token listing options (customized icons, symbol registration, homepage placement, Telegram bot integration). The go-to-market is product-led growth with no traditional sales force: customers are acquired organically through SEO, the Karsha blog, Twitter, Facebook, Telegram, and review platforms such as Trustpilot, and the platform serves two horizontal customer segments — individual cryptocurrency traders seeking fast anonymous exchange, and cryptocurrency/token projects seeking low-barrier listings with revenue sharing.

Name

Karsha Exchange

Legal name

Karsha Business & Technology Inc.

Website

https://karsha.biz

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Karsha Exchange is a Dubai-headquartered, self-serve cryptocurrency exchange founded in 2006/2009 that supports 440+ cryptocurrencies without identity verification, serving privacy-focused individual traders and token issuers via its website, Telegram bot, and Tor .onion access.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSADAAAA

Spot Crypto Exchanges (Order-Book & Matching Engine)

Financial & Insurance/Crypto & Digital Assets/Centralized Crypto Exchanges (CEX) & Brokerages

SECONDARYBPAMAFAL

Crypto Payments & Stablecoin Settlement Platforms

Business & Public Services/Web, Mobile & Digital Platforms/Payments, Wallets & Digital Banking Platforms

Keywords

• Cryptocurrency exchange
• Digital asset trading
• Token listing platform
• ICO token sales
• Anonymous crypto trading

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Cryptocurrency Exchange Fees: Transaction fees charged on cryptocurrency exchanges. Exchange fee is usually around 1%, calculated dynamically based on market conditions.
2. Coin Listing Fees: Coin listing fee of $500 (non-refundable) for listing a cryptocurrency on the exchange. Can be paid in popular cryptocurrencies.
3. Token Issuer Revenue Share: Up to 50% of exchange fees from orders to/from listed coins given to coin issuers based on referred customers and monthly volume.
4. Token ICO Platform Services: Free basic token listing; paid options for customized icon, symbol registration, homepage availability, and Telegram bot integration.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Karsha Exchange operates a self-serve cryptocurrency exchange platform that supports over 440 coins and tokens for instant, anonymous trading without registration or identity verification. The platform uses a dynamic exchange rate calculation system and is accessible via website, Telegram bot, API, and Tor network. It also provides an automated Token and ICO subsystem enabling ERC20/ERC223/ERC777 token issuers to list and sell their tokens directly through the platform.

Product overview

Karsha Exchange operates as a cryptocurrency exchange platform with multiple access channels. The core product is the Karsha Exchange platform (karsha.biz), which supports 440+ cryptocurrencies and e-currencies for quick anonymous exchanges. It is complemented by the Token & ICO Subsystem for listing Ethereum ERC20 tokens with a free automated registration process, and the Karsha Telegram Bot for mobile-based exchange access. Additional features include the Support Portal for customer service and the Karsha Blog for company announcements and guides.

Differentiator

Problem solved

Functional benefit

Products and services

• Karsha Exchange Self-serve online platform that lets users instantly exchange 440+ cryptocurrencies and tokens with dynamic, market-driven rates, without registration or identity verification.
• Token & ICO Subsystem Automated platform for cryptocurrency projects to register ERC20/ERC223/ERC777 tokens and run ICO token sales on the Karsha exchange, with optional paid customization and homepage placement.
• Karsha Telegram Bot Telegram-based interface (@KarshaBizBot) that allows users to exchange cryptocurrencies directly within Telegram as an alternative to the website.
• Token Administration Panel Dashboard for token issuers to view listing statistics, edit pricing and operations, pause or resume token sales, and withdraw ETH or remaining tokens from the Karsha platform.
• Karsha Exchange API Developer API offered by Karsha Exchange that enables partners and developers to integrate exchange functionality into their own applications.

Quantifiable outcome

• 440+ cryptocurrencies and tokens supported
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• Bitcoin.orgminorOthersKarsha Exchange is listed on Bitcoin.org's exchanges page as an officially recognized Bitcoin exchange, providing credibility and visibility among Bitcoin community members.
• BitcoinCash.orgminorOthersListed on the official Bitcoin Cash website as an accepted exchange for Bitcoin Cash transactions.
• GetMonero.orgminorOthersListed on Monero's official community merchants page as an accepted exchange for Monero cryptocurrency.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• ChangeNOW: Instant crypto-to-crypto swap service with no account required, supporting 850+ assets and similar privacy-friendly positioning. Directly comparable business model and target user to Karsha Exchange.
• ShapeShift: Originally a no-account, privacy-first multi-coin exchange (now a self-custody Web3 platform) with similar origin-era positioning to Karsha. Comparable product evolution and asset breadth.
• SimpleSwap: Instant crypto exchange without registration offering 600+ coins, closely matching Karsha's no-account, multi-asset instant-exchange value proposition.
• TradeOgre: Small no-KYC centralized exchange focused on altcoin trading with minimal identity requirements. Closely comparable to Karsha in scale, privacy posture, and target user segment.
• Changelly: Non-custodial instant cryptocurrency exchange offering simple buy/sell of hundreds of assets without mandatory KYC for small transactions. Closely comparable to Karsha's instant-swap model and broad altcoin coverage.

Emerging players

• Bisq: Decentralized, open-source peer-to-peer exchange emphasizing privacy and censorship resistance. Overlaps with Karsha's privacy positioning and broad altcoin support but uses a non-custodial P2P architecture.

Broad incumbents

• KuCoin: Major centralized exchange supporting 700+ cryptocurrencies with broad retail and token-issuer services. Larger incumbent operating in a similar product category but with much broader liquidity and feature set.
• Kraken: Long-standing US-headquartered exchange operating since 2011 with strong compliance posture. Comparable to Karsha in longevity and multi-asset breadth, but vastly larger and regulated.
• Binance: World's largest crypto exchange by volume, offering spot trading across hundreds of assets and a token launchpad. Sets the competitive ceiling for any altcoin exchange like Karsha.

Regional players

• CoinSwitch: India-focused crypto exchange aggregator offering instant buy/sell across many assets with simplified onboarding. Comparable in business model and breadth, but serves a different geography with heavier regulation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/KarshaBiz
• Facebookfacebook.com/KarshaBiz

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Karsha Exchange