Is CoinDCX trusted?

Is CoinDCX legal?

Exchanges such as WazirX, CoinDCX currently show “Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks,” as part of their disclaimer.

Who is owner of CoinDCX?

Sumit Gupta (2018–)
CoinDCX/CEO

Is CoinDCX an Indian company?

CoinDCX raised $90 million in a Series C funding round at a valuation of $1.1 billion, becoming the first Indian cryptocurrency exchange to achieve unicorn status amid regulatory uncertainty over crypto assets.

Is CoinDCX registered in India?

CoinDCX was set up in 2018 by Gupta, an alumnus of Indian Institute of Technology Bombay. CoinDCX, registered in Singapore as Primestack Pte., aims to increase its user base from 3.5 million to 50 million in the coming years. … CoinDCX is an ISO-certified cryptocurrency platform.

Is CoinDCX registered?

CoinDCX, registered in Singapore as Primestack Pte., aims to increase its user base from 3.5 million to 50 million in the coming years. … CoinDCX is an ISO-certified cryptocurrency platform.

Is CoinDCX Indian company?

CoinDCX raised $90 million in a Series C funding round at a valuation of $1.1 billion, becoming the first Indian cryptocurrency exchange to achieve unicorn status amid regulatory uncertainty over crypto assets.

Is CoinDCX a Cryptocurrency?

Cryptocurrency exchange platform CoinDCX recently launched its OTC (over the counter) Desk facility to tap into the institutional client market for crypto trades. … CoinDCX co-founder Sumit Gupta said the company will focus on those, who trade in large crypto quantities.

Is CoinDCX a cryptocurrency?

Cryptocurrency exchange platform CoinDCX recently launched its OTC (over the counter) Desk facility to tap into the institutional client market for crypto trades. … CoinDCX co-founder Sumit Gupta said the company will focus on those, who trade in large crypto quantities.

What is the difference between CoinDCX and CoinDCX go?

Both CoinDCX Pro and CoinDCX Go are almost the same, but a bit different from one another in various functionalities. The CoinDCX Go app is a cryptocurrency investment application with 500k downloads, whereas the CoinDCX Pro app is a Cryptocurrency Exchange application with 100k downloads.

Is CoinDCX and CoinDCX pro same?

CoinDCX Pro is the parent brand which has products like Spot, Margin. Lend, Stake and Insta as its products. CoinDCX is a simpler version of CoinDCX Pro and an extension of Insta on CoinDCX Pro where users do not have to wait for the execution of their orders in the market.

Is CoinDCX RBI approved?

Crypto exchanges in India have not had it easy. … To begin with, the Reserve Bank of India (RBI) banned banks from supporting cryptocurrency transactions in April 2018, preventing crypto exchanges, including WazirX and CoinDCX, from temporarily taking rupee deposits from users.

What coin should I buy today CoinDCX?

List of top cryptocurrencies on CoinDCX :

  • Bitcoin.
  • Ethereum.
  • Bitcoin Cash.
  • Binance Coin.
  • Kusama.

Is it safe to do KYC in CoinDCX?

CoinDCX places particular importance on KYC verification for all its users' safety and compliance. The organization onboarded Onfido, which provides complete automation of the KYC process. This enables the company to onboard new and old customers faster without compromising security.

Which is better CoinDCX or CoinDCX pro?

CoinDCX Pro is the parent brand which has products like Spot, Margin. Lend, Stake and Insta as its products. CoinDCX is a simpler version of CoinDCX Pro and an extension of Insta on CoinDCX Pro where users do not have to wait for the execution of their orders in the market.

Is CoinDCX an exchange?

Cryptocurrency exchange platform CoinDCX recently launched its OTC (over the counter) Desk facility to tap into the institutional client market for crypto trades.

Published
Categorized as No category