CoinDCX REVIEW

Safe And Simple Gateway To Build A Strong Crypto Portfolio

Overview

CoinDCX is a relatively new cryptocurrency exchange that was created in the year 2018 and is located in Singapore. However, the Indian office of this crypto exchange is located in Mumbai. In this CoinDCX review, we will be concentrating on the pros and cons of the cryptocurrency exchange along with its features and other relevant information. One can better understand the trading platform by using the knowledge from this post. Based on their demands and preferences, one may decide whether or not to invest in this platform.

What is CoinDCX?

CoinDCX is a Singapore-based company that provides crypto-enabled financial services. The coindcx company is bringing about a revolution with its crypto-based services by developing borderless financial services that ensure a faster, simpler, and uninterrupted flow of capital.

The platform of CoinDCX offers more than two hundred cryptocurrencies, making it one of the most diversified cryptocurrency exchanges. It supports a large number of crypto assets, including Ethereum, Bitcoin, and a range of other altcoins. Multiple cryptocurrency traders may use the site without leaving it, according to the company.

How Does CoinDCX works?

CoinDCX exchange is one of the most straightforward cryptocurrencies in the world. It is simple to sign up for an account. To begin trading cryptos on CoinDCX, you must first sign up for the account. Once you do, you can start trading cryptocurrencies.

Features of CoinDCX

The features of this coindcx website are particularly beneficial for the interested trader. In this review, we will look at some of the top features of this cryptocurrency platform.

The security of its users is one of the main factors that make it one of the safest cryptocurrency platforms.
The CoinDCX has a very efficient customer care staff that remains available daily to ensure a smooth customer experience at the site.
More than 200+ cryptocurrencies are available on the CoinDCX platform.
CoinDCX is an exchange that has an extremely low trading fee. This works as a great feature to attract consumers, as it does on other websites. The trading charges that the authorities impose on CoinDCX are always lower than those of other exchanges.
It is very popular as a cryptocurrency exchange because of the mobile app that allows one to trade without visiting the website all the time. These features make CoinDCX extremely popular.

CoinDCX Fees

CoinDCX has a trading fee of 0.04% and a makers fee of 0.06%. Investors usually look for low fees when choosing an exchange.

Club	30d Trading Volume (INR)	Maker Fee (Spot/Margin)	Taker Fee (Spot/Margin)
Level 1	0 – SL	0.200%	0.200%
Level 2	5L – 10L	0.160%	0.160%
Level 3	10L – 50L	0.140%	0.160%
Level 4	50L- 1Cr	0.120%	0.140%
Level S	1Cr – 5Cr	0.100%	0.120%
Level6	5Cr – 10Cr	0.080%	0.120%
Level 7	10Cr – 5OCr	0.080%	0.100%
Level 8	50Cr – 100Cr	0.060%	0.100%
Level 9	100Cr- 200Cr	0.040%	0.080%
Level 10	200Cr+	0.040%	0.060%

Accepted Payment Method

The accepted payment method is basically E-Transfer or Bank Draft, whichever is convenient for specific coindcx investors.

Supported countries and currencies

Bitcoin, Ethereum, and 200+ altcoins may be exchanged at CoinDCX, according to reviews. The company only accepts Indian Rupees in FIAT currencies. It is operational in India and Singapore.

Is CoinDCX Safe?

Many trading platform comparison sites have recognized CoinDCX apps as safe to use. As a result, any transaction taking place or money invested on this site will not be a fraud or readily hacked. A unique selling point on other exchanges like Binance.

CoinDCX Pro and CoinDCX Go are two of the applications of CoinDCX exchange. CoinDCX Go is an investment app for cryptocurrency trading with 500,000 downloads, whereas CoinDCX Pro has over 100,000 downloads and is an app that exchanges cryptos.

A lot of exchanges today require KYC information, CoinDCX is also among one them. To use the applications, you must have been a verified user. That only emphasises the safety of the exchange’s safety quotient.

CoinDCX Pros and Cons

Pros

There are numerous coins to choose from.
The exchange charges are low. Users can trade and withdraw on the site with low fees.
There is a lot of liquidity on the platform across different trading pairs.
The applications of CoinDCX make it possible to sell or buy with a single tap.
Payments can be made through IMPS and UPI on the website.
The trading margin is almost six times the leverage on different assets on the site.
The CoinDCX allows continuous customer care service, to assist users with their questions.

Cons

There are no other currencies on the site. Only INR FIAT currencies are available.
Customers would have to verify to get higher FIAT values.

Mobile App

CoinDCX Go is the CoinDCX App, which enables users to trade using a single tap on their mobile screen. After downloading the app, the user must provide personal information. They can then start trading. It’s only available on Android, although iOS is not supported. This is a significant drawback of CoinDCX.

CoinDCX Security

CoinDCX states that this trading platform is one of the most secure exchanges for trading cryptocurrencies in the world. Third parties are not permitted to check your KYC data on exchanges. CoinDCX also uses two-step authentication to provide additional security.

Customer Support

There is a support team for the CoinDCX platform that can assist individuals with any onboarding, ticketing, or other INR issues, including problems with applying for new jobs, contacting employers, and other things. Customers can contact the team between 6 a.m. to 11 p.m.

CoinDCX Review- Final Thought

With the points listed above, it will be very easy for you to determine whether CoinDCX is worthwhile for your time and investment. You can also easily compare these factors with other cryptocurrency exchanges to see which one will benefit you the most. According to our point of view, there are many cryptocurrency exchanges are available which are better than CoinDCX.