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Okto
- Indian crypto exchange CoinDCX launched Okto, a decentralized finance (DeFi) mobile app, on Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk.
www.coindesk.com/business/2022/08/26/indian-exchange-coindcx-launches-defi-mobile-app-signaling-shift-towards-web3/Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling ...
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Download CoinDCX crypto app to instantly buy, sell, & trade Bitcoin(BTC), Ethereum(ETH), Litecoin(LTC), Dogecoin(DOGE), Shiba Inu(SHIB) & other 500+ top crypto coins. Join 1.5 Crore + Indians...
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Discover the ultimate Bitcoin investment and cryptocurrency trading app. Buy bitcoin and explore top crypto coins seamlessly on CoinDCX, India's leading crypto trading app. Start investing and trading in crypto with confidence.
Download CoinDCX crypto app to instantly buy, sell, & trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB) & other 500+ top crypto coins. Join 1.5 Crore + Indians on CoinDCX, a compliant bitcoin investment app and cryptocurrency trading app with ₹79.6k Cr+ Quarterly Trading Volumes.
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- Coindcx Review Summary
- Coindcx Overview
- Coindcx Services
- Currencies and Payment Methods
- Fees
- Buying Limits
- Supported Countries
- Customer Support and Reviews
- Conclusion
CoinDCXis an Indian cryptocurrency exchange which draws liquidity from other exchanges including Binance. It’s beginner-friendly and has backing from some notable names in the industry. That’s CoinDCX in a nutshell. For a more detailed review, continue reading below. Here’s what I’ll cover: 1. CoinDCX Overview 2. CoinDCX Services 3. Currencies and ...
CoinDCX was founded in 2018 by Neeraj Khandelwal and Sumit Gupta, and is headquartered in Mumbai, India. It has received backing from several notable names in the cryptocurrency space, including Coinbase and 100x Ventures, the parent company of BitMEX. It boasts two million active users and a total of more than three billion INR invested into crypt...
Instant Crypto Purchases
CoinDCX’s Insta feature allows users to buy more than 100 different cryptocurrencies “instantly”. This feature differs from the instant buying services we see on other platforms, however, in the sense that they usually support credit or debit card purchases. Instead, CoinDCX users deposit Indian rupees (INR) via bank transfer and use their balance to place a market order. Although not as fast as bank card purchases, this method still streamlines the process into a method that is easy for begi...
Mobile app
CoinDCX Go is the exchange’s mobile app, which is designed to make buying crypto easy, legal and simple. In essence, it is an-on-the-go version of the “Insta” instant-buy feature. Users can link their bank account to buy cryptocurrencies in an intuitive way, which CoinDCX pledges is the “simplest cryptocurrency app to help Indians invest in Bitcoin”.
Spot Trading
In addition to the instant-buy tools, CoinDCX has a regular exchange, featuring all of the tools you may expect. This includes TradingView-powered charts, order books, limit orders and market orders. The most interesting part of the exchange is that for most trading pairs, CoinDCX users are actually trading on Binance, Huobi, or HitBTC order books. This allows CoinDCX users to take advantage of the liquidity found on these popular exchanges, while also providing some of thots own markets, wal...
Fiat
Users can deposit Indian rupees (INR) into their CoinDCX account by using one of three different methods: 1. Instant IMPS/NEFT/RTGS bank transfer 2. Standard IMPS/NEFT/RTGS bank transfer 3. Mobikwik wallet (using Netbanking, UPI or debit card).
Cryptocurrency
CoinDCX supports the instant purchase of over 100 cryptocurrencies, with even more available for regular trading. This includes: 1. Bitcoin (BTC) 2. Major altcoins (including ETH, TRX, XRP, ADA, BNB, EOS, DOGE, and more) 3. Popular stablecoins (USDT, USDC, TUSD, DAI).
Deposits and withdrawals
Depositing INR with instant and regular bank transfers is fee-free. The Mobikwik wallet option will incur a fee of 1% to 1.5%, plus GST. Deposits of cryptocurrency are also free. Withdrawals are free for INR, while most cryptocurrencies are subject to a small and reasonable fee to cover network costs.
Trading fees
Due to its reliance on other exchanges for many of its trading pairs, CoinDCX’s trading fee schedule is somewhat complicated. For trading pairs provided by Huobi and HitBTC, trading fees are standardised at 0.2% for maker and taker orders of any size. Binance-provided trading pairs have a maximum fee of 0.1% for make and taker orders, with discounts offered for higher trading volumes. INR trading pairs have a flat fee of 0.1%, while futures contracts are cheaper than all other CoinDCX markets...
Deposit limits
With know-your customer (KYC) verification, all bank transfer deposits have a maximum limit of 5,00,000 INR. Mobikwik deposits have a lower maximum of 1,00,000 INR. Without KYC verification, however, there is a maximum deposit limit of 10,000 INR. For crypto deposits, there is a limit of 4 BTC per day without KYC, and no limit once verified.
Withdrawal limits
Similarly, withdrawals are higher for KYC-verified accounts which allow for a maximum withdrawal of 5,00,000. Non-verified accounts are allowed to withdraw up to 10,000 INR total. For crypto withdrawals, there is a limit of 4 BTC per day without KYC, and no limit once verified.
Trading limits
Crypto purchases using the “Insta” instant-buy feature must be a minimum of 1 INR, with a maximum transaction size of 1,00,000 INR. Maximum trade and order sizes on the spot and margin exchange are unspecified, however there are clear order limits available for futures trading. These limits are specific to the contract being traded and can be viewed on that contract’s information page.
Users from all countries can create an account with CoinDCX, however only users from India can participate in INR markets.
When it comes to customer support, CoinDCX sends users straight to their FAQ section, which seems to address most basic inquiries. Contacting the exchange directly for more pressing issues appears to be a little more difficult. Users can submit a support ticketfor assistance, with an estimated waiting time of 3-5 days according to CoinDCX themselve...
CoinDCXis an Indian cryptocurrency exchange with some huge backers, including other major exchange owners. Rather than operating just its own markets, CoinDCX provides access to markets from several other exchanges, taking advantage of their order books and liquidity. They also have their own INR-denominated markets, however these are less liquid. ...
Invest in Bitcoin, Ethereum, & other altcoins with CoinDCX, India's Most Valued Crypto Company. Trusted by over 1.4 Cr+ Indians and growing.
Download CoinDCX crypto app to instantly buy, sell, and trade Bitcoin(बिटकॉइन), Ethereum(एथेरियम), Litecoin(LTC), Dogecoin(DOGE) & other 500+ top crypto coins. Join 1.4 Crore + Indians on CoinDCX, a simple, secure, & compliant bitcoin investment and cryptocurrency trading app.
You can easily access the CoinDCX app on both Android and iOS devices. To make sure you're using the official and safe version, please download and install the app from trusted sources. For your convenience, you can use this link to directly download and install the app on your device.
