CoinDCX

CoinDCX is India’s Safest Cryptocurrency Exchange, and it has become the first Crypto Unicorn in India. The main objective of the company is to make cryptocurrency accessible to all Indians who want to trade in crypto assets. It offers a secure, simpler, and compliant solutions platform. People can use this platform for investing in cryptocurrency irrespective of region or country.

The company was founded in 2018, headquartered in Mumbai, India. Neeraj Khandelwal and Sumit Gupta, an alumnus of IIT Bombay, are the founder members of the CoinDCX. 

Basic Information 

CoinDCX is a simple, and safe gateway to make a strong crypto profile for everyone. The website and app are designed in a way that users enjoy trading with CoinDCX. Safety and user interface are the key highlights of the website. The team of experts work round the clock to make this application secure and user friendly for the crypto trade. It is a reliable platform, where users can invest in crypto assets. The features like Margin, Spot, Futures and Fiat to crypto trades make it an important platform for all types of trade.

The popular products of CoinDCX include Spot that let user trading in 250+ markets, Insta through which user can buy crypto assets in INR, and Margin for trading with 5x Leverage. The DCX Learn portal of this crypto exchange helps users to get the right education about the cryptocurrency world. It was built to equip and empower young investors. CoinDCX launched its CoinDCX Go mobile application in Jan 2021, which is the simplest Cryptocurrency Investment App.

Name of Crypto ExchangeCoinDCX
HeadquartersMumbai, Maharashtra, India
FoundersNeeraj Khandelwal, Co-Founder and Sumit Gupta, Co-Founder & CEO
Foundation date7th April 2018
Total Employees200 to 250
Business ModelB2C
Products of the CompanyCoinDCX, Prime, CoinDCX Pro, DCX Learn, and COSMEX

CoinDCX Sign Up

To start with CoinDCX, users need to create an account. The step by steps instructions to set up a CoinDCX account are as below:

  • First, users need to access the official website, i.e. https://coindcx.com/.
  • The homepage of the website will open. Find the ‘Register’ button at the top right corner of the screen.
  • Tap the ‘Register’ button, and a sign-up popup will display on the screen.
  • Now, enter first name, last name, and e-mail address carefully.
  • Set the password, and keep it safe with you.
  • Provide mobile number in the given box.
  • Tick the box in the CAPTCHA section.
  • Click on the Register’ ‘button.
  • Follow the prompts and provide every detail asked therein.
  • The CoinDCX account is set up now. Users can access the account profile.

CoinDCX Login

The users should have completed CoinDCX sign up process before attempting the login. Once you register yourself on CoinDCX, follow the instructions below:

CoinDCX
  • Visit the official website of CoinDCX, i.e. https://coindcx.com/.
  • Now, find the Login button at the top right corner of the homepage.
  • Click on the ‘Login’ button.
  • The login popup will reflect on the screen.
  • Enter the e-mail ID and password.
  • Tap the ‘Login’ button.
  • Your CoinDCX account dashboard will open.

Note: The users can download the CoinDCX mobile app. Both iOS and Android users can use this application. Therefore, visit Google Play Store and App Store to download the application. Install the application and set up an account as per the guidelines given above.

CoinDCX and CoinDCX PRO Products

  1. DCXSpot: The CoinDCX is a popular place to sell and buy crypto assets. DCXSpot is the key product of CoinDCX, where users can involve in spot trading. Spot trading refers to buying and selling crypto assets where the delivery of the cryptocurrencies is often instantly. 
  • DCXMargin: It enables users to involve in margin trading on CoinDCX. Margin Trading is a strategy, which lets users trade more tokens than one would be able to do usually. If executed correctly, the user can generate a huge profit.
  • DCXFutures: It represents the future trading on CoinDC. The users can trade on futures or contracts that enable the user to buy or sell assets at a predetermined price at a future point in time. One can sign in with an existing CoinDCX account to avail DCXfutures. 
  • DCXLend: The CoinDCX lending feature enables the users to make a lend deposit on CoinDCX and earn the interest annually on crypto deposits. Login into CoinDCX and start lending a range of cryptocurrencies, i.e. BTC, XRP, BNB, ETH, BTT, LTC and TRX, etc.
  • DCXStake: Crypto-assets staking is a great way of earning rewards. The DCXstake allow users to stake cryptocurrencies lying in their wallet on the platform. It is a new concept for earning in Blockchain Technology.
  • DCXInsta: This feature is basically for those who are willing to invest in cryptocurrencies. Users can avail an easy to use interface that helps the investors buy, sell, send, receive and store a range of cryptocurrencies.
  • DCXOTC: The CoinDCX OTC (over-the-counter) trading service enables users to trade in a higher volume of cryptocurrencies. The investors can process the order directly via CoinDCX with negligible impact on the price of the crypto assets. 
  • DCXPrime: It is an integrated service of the CoinDCX where users can access market insights and cryptocurrency investing trends analyzed by industry experts.Investors can select a crypto basket after assessing the risk involved.

CoinDCX Pros and Cons

The users can check here pros and cons with CoinDCX Cryptocurrency Exchange below:

Pros

  • CoinDCX is the safest crypto exchange that lets users buy, sell or invest in cryptocurrency. 
  • Users can send or receive crypto assets quickly. However, one needs to complete the KYC registration process. 
  • CoinDCX mobile application is compatible with both iOS and Android platforms.
  • Users can access a wide range of coins in a single place.
  • It offers adequate liquidity across a large number of trading pairs. 
  • One can buy or sell crypto assets instantly.
  • Payment methods like UPI and IMPS are applicable on this platform.
  • The CoinDCX application is fast, simple and easy to navigate.
  • There are minimal trading charges, which makes it a popular platform. 
  • Customer Support is always there to guide the users or investors on the application.
  • With CoinDCX Learn, the user will get complete knowledge about the crypto world. Users will get the latest cryptocurrency news.
  • The app enables the user to invest fast within 10 minutes, easy deposit and withdrawal.
  • CoinDCX is trusted by 70M+ traders, investors and major banks.

Cons

  • Mandatory verification for higher FIAT currency
  • INR is the only FIAT currency.
  • Low liquidity on INR markets.
  • Cryptocurrencies are decentralized digital currencies where Government has no control over them. Hence, CoinDCX or similar crypto exchanges are not bound to pay the consumers if there is any online fraud, scam or loss of crypto assets.

Frequently Asked Questions

Question 1: How to start with CoinDCX?

Answer: The users can start investing with CoinDCX after following three simple steps. First, create an account, second, load money into your wallet, and third, invest in cryptocurrencies. Visit the CoinDCX official website and complete the sign-up process. Add money to your crypto wallet, and invest accordingly. 

Question 2: Is my investment safe with CoinDCX?

Answer: Yes, CoinDCX has the top technology in the industry, to make it a secure platform for investing in cryptocurrencies. 

Question 3: How can I withdraw money from CoinDCX?

Answer: Firstly, log in to your CoinDCX account. Secondly, go to the fund’s section from the DCXtrade page, and tap the wallet. Thirdly, enter the desired amount, and complete the verification process to withdraw money from the account.

Question 4: Is the CoinDCX app available for Android Users?

Answer: Yes, CoinDCX mobile application is available for Android as well as iOS users. Go to the Google Play Store or App Store to download the application.

Question 5: Is KYC necessary in CoinDCX?

Answer: KYC verification is not mandatory on CoinDCX. However, if you are dealing with higher amounts of crypto assets, then you may need to verify yourself.