What is CoinDCX?
CoinDCX is a cryptocurrency exchange based in India. It was founded in the year 2018 and is headquartered in Mumbai, Maharashtra, India. It is a crypto trading and exchange organization co-founded by CEO Sumit Gupta. CoinDCX had more than 3.5 million users in 2021.
CoinDCX recently became the first Indian cryptocurrency exchange to reach unicorn status and be valued at 1.1 billion dollars.
Details on CoinDCX:
Why use CoinDCX?
The platform has a learning platform for beginners in crypto investments or blockchain technology, DCX Learn. The organization has two applications, CoinDCX and CoinDCX Pro for beginner retail investors, advanced crypto and crypto traders.
How to invest in CoinDCX? Reason to invest in CoinDCX?
Reasons to invest in cryptocurrencies in 2021
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Buying Bitcoin is legal
The Supreme Court judgment turned in favor of Indian Investors making investing in cryptocurrency legal. -
Growing alternate asset class
Trusted by 70M+ traders, major banks, institutional and renowned investors, and hedge funds. -
High return potential
Bitcoin became the most lucrative choice of investment delivering a whopping 300% + returns in 2020.
How safe is CoinDCX?
According to several online broker comparison sites, CoinDCX apps have been certified as safe-to-use applications. This means that the money or any kind of investment done on this platform will not be a scam or get hacked easily. The India-based crypto trading and exchange organization is co-founded by CEO Sumit Gupta.
Is it safe to give bank details to CoinDCX?
Can I withdraw money from CoinDCX without KYC?
But for INR: Users can deposit and withdrawal up to Rs 10,000 per user.
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