An offshore-facing exchange betting platform for India
Not available lawfully hereIs Silverexch legal in India?
No. Real-money gambling is banned in India. Under the Promotion and Regulation of Online Gaming Act 2025 (PROGA), in force since 1 October 2025, Silverexch cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
PROGA bans all real-money gaming nationwide and criminalises its operation, promotion and financial facilitation. Banks, UPI and card networks are barred from processing money-gaming transactions, and by 28 March 2026 the government had blocked or actioned 8,376 betting and gambling URLs. source
Any Silverexch bonus you see advertised for India is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no India regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in India →
Pros
Cons
- Offshore-facing, not locally licensed in India — a materially different risk profile
- Registration via WhatsApp is a non-standard, less transparent flow than a regulated operator's website
Our verdict
Silverexch is an offshore-facing exchange betting platform targeting India, not locally licensed there. Registration is conducted via WhatsApp using a cricket ID — a notable, non-standard element. We did not research this brand's regulatory history in this pass, so the absence of any warning below reflects a gap in our work rather than a clean record. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
How we rated it
Bonuses & value (18%)6.5
We do not score an Indian welcome offer: Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. Any rating here reflects the brand's offers in markets where they are lawful.
Sportsbook (36%)6
An offshore-facing exchange betting platform serving India.
Customer support (18%)6
No major documented complaint pattern found, but WhatsApp-based registration is atypical of regulated operators.
Trust & licensing (27%)4.5
Targets India but is not locally licensed — an offshore-facing operator. Registration via WhatsApp (cricket ID) is an unusual, non-standard flow.
Quick facts
| Licensing | Offshore-facing, not locally licensed in India — verify directly |
| Markets | India |
| Welcome bonus | No lawful offer in India - Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. |
| Wagering | Registration via WhatsApp (cricket ID) |
How we verified this
Depth of research: shallow. This review rests on a single source, often the operator's own website, so treat its rating as a first impression rather than a verified assessment. We flag it because you cannot tell from the page otherwise.
Silverexch targets India but is not locally licensed there — an offshore-facing operator, a materially different risk profile from domestically-regulated brands. No major scandal independently confirmed in this pass. Confirm current offer directly on Silverexch's own site. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
Where Silverexch is licensed
Silverexch appears on the official register in 1 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Asia (1)
About Silverexch
Silverexch is an offshore-facing exchange betting platform serving India, offering new players a welcome bonus, with an unusual WhatsApp-based registration process. We did not research this brand's regulatory history in this pass, so the absence of any warning below reflects a gap in our work rather than a clean record.
Silverexch FAQ
Is Silverexch safe and legit?
Silverexch targets India but is not locally licensed there — an offshore-facing operator, a materially different risk profile than domestically-regulated brands. Its WhatsApp-based registration is a non-standard flow worth verifying carefully. No major scandal was found during this research.
What is the Silverexch welcome bonus?
Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. Where this brand operates lawfully in other markets, its offers there are covered on those countries' pages.