Crypto Trader - CoinDCX
CoinDCX
Besides
helping people buy and sell cryptocurrency tokens, CoinDCX offers other
financial products based on cryptocurrency. CoinDCX also provides spot, margin,
futures and fiat cryptocurrency trading, making it an inclusive ecosystem for
all types of traders.
Since
fiat deposits are possible on this trading platform, CoinDCX qualifies as an
“entry-level exchange”, making it an exchange from which new cryptocurrency
investors can begin their journey into the exciting world of cryptocurrencies.
In addition to depositing cryptocurrency on the platform, CoinDCX also allows
fiat currency deposits.
The
CoinDCX Bitcoin app is your direct gateway to buying cryptocurrency in India
where you can exchange your INR for cryptocurrencies or trade cryptocurrencies
for INR. With the safest cryptocurrency wallet and extremely user-friendly
interface, CoinDCX is the easiest cryptocurrency investing app in India to buy
cryptocurrencies. With the safest cryptocurrency wallet and extremely
user-friendly interface, CoinDCX is the easiest cryptocurrency investing app in
India.
CoinDCX
cryptocurrency investment app allows you to instantly buy bitcoins and other
cryptocurrencies in India. The CoinDCX Go cryptocurrency investment app allows
you to instantly buy bitcoins and other cryptocurrencies in India. The CoinDCX
Go Bitcoin app is your direct gateway to buying cryptocurrencies in India where
you can exchange your INRs for cryptocurrencies or trade cryptocurrencies with
INRs. On CoinDCX, users can have one-stop access to a diverse set of
cryptocurrency-based financial products and services supported by security and
insurance processes.
CoinDCX claims to have the largest number of cryptocurrencies listed on Indian exchanges. In the next few months, CoinDCX will launch the CoinDCX Prime program, which is its latest product for high-net-worth individuals and companies, providing legally controlled and secure investments, as well as Cosmas, its global trading product. According to the person in charge of the company, the Indian cryptocurrency exchange CoinDCX is preparing to develop its global trading platform in 2022 for the exchange of cryptocurrencies into cryptocurrencies, called Cosmas. Following Cosmas’s announcement in February 2021, CoinDCX is now testing its global products, and the platform will be launched in 2022.
Although
cryptocurrency exchanges and other stakeholders are waiting for the government
to prepare to submit regulatory clarifications on the cryptocurrency law to
parliament, cryptocurrency unicorn CoinDCX has indicated its intention to go
public in the future, but has no immediate plans to announce an initial public
offering (IPO). ... CoinDCX is India's first unicorn cryptocurrency, and it
plans to go public as soon as the regulations allow, the co-founder Neeraj
Handewal said in an interview with Bloomberg TV on Monday. Co-founder Niraj
Handewal stated that CoinDCX, India's first cryptocurrency unicorn, plans to be
listed as soon as possible after Indian regulations allow it. In an interview
with Bloomberg, Handelwal said that CoinDCX's IPO will boost confidence in the
Indian digital asset industry.
“As
soon as the government or the situation allows, we will try to hold an IPO.
Likewise, we want to generate the same level of trust with the CoinDCX IPO, ”he
said. According to the report, co-founder Neeraj Handelwal said the sale of the
shares could be a key moment for the company, giving it legitimacy in the same
way as Coinbase's IPO earlier this year.
Cryptocurrency
investment in India has grown from nearly $ 923 million in April last year to $
6.6 billion in May this year. The ongoing uncertainty over cryptocurrency
regulation in India is not preventing domestic cryptocurrency companies from
launching global offerings. Singapore-based cryptocurrency exchange Coin store
has moved forward with the launch of operations in India.
According
to Bloomberg News, CoinDCX, which owns shares of India's first cryptocurrency
unicorn, is preparing to launch an initial public offering (IPO) to stimulate
investor interest in the field. The startup raised $90 million in a Series C
financing led by co-founder Eduardo Saverin (Eduardo Saverin). In the world of
cryptocurrency, the valuation of a company has skyrocketed, which means it has
fallen off the chart. As a new $1 billion label, CoinDCX has joined the Binance
Alliance, which supports India’s WazirX cryptocurrency exchange, as well as
Bitpanda, BlockFi, Chainalysis, Ripple — behind the controversial XRP
cryptocurrency — and some the controversial Robinhood Beyond in Saverin, this
round of existing investors Coinbase Ventures, Polychain Capital, Block.one and
Jump Capital also attended the meeting. The development has emerged amidst the
regulatory uncertainty surrounding the health of cryptocurrencies in India.
When asked why it raised funds so early, CoinDCX co-founder and CEO Sumit Gupta
told The Block that India’s demand for cryptocurrencies as a trading option is
growing, and CoinDCX hopes to expand its trading user base and expand its
business.
This
round of financing brought CoinDCX's valuation to US$1.1 billion, making it the
first Indian cryptocurrency exchange to become a unicorn. Its existing
investors, such as Coinbase Ventures, Polychain Capital, Block.one, Jump
Capital, etc. have also invested. Three months after this setback, the
investment of Bain Capital, a US global investment company, gave CoinDCX the
opportunity to play a role in the cryptocurrency field.
In
its notice dated April 6, 2018, the Central Bank prohibits banks from providing
any services to cryptocurrency exchange customers, which puts many
cryptocurrency exchanges in the country in a precarious position.
According
to the summary, the risks associated with cryptocurrencies for the financial
stability of Russia are low, as the country is still largely isolated in terms
of the traditional financial system.
We
encourage all US investors to form their own opinion on the eligibility of
their trade on CoinDCX. The main USP (Unique Selling Point) of CoinDCX is that they
offer trading in many different cryptocurrencies (over 200 different). If you
are one of those traders, you will be pleased to know that the CoinDCX trading
platform is also mobile compatible.
Over
the next few years, CoinDCX would like to improve the features of its trading
platform, but remittances could be the next big thing in cards. According to
Gupta, CoinDCX Prime will delight high-net-worth clients, while Cosmas will
offer crypto-to-crypto exchanges.
New
CoinDCX users can get Rs 350 worth of bitcoins after registering using coupon
code CoinDCX GRABIT and following our steps. Today's CoinDcx promo code is
GET201 which will help you get your sign-up bonus of Rs 201. So that's all for
Coindcx coupon code today, which is GET201, users can easily create an account
on Coindcx app and get 201 Rs. Free bitcoins. After downloading the CoinDCX app
from the link above, register using your new mobile number and email address.
There
are also usually buy and sell boxes where you can place orders for the
respective cryptocurrency, and on most platforms, it will also be possible to
view your order history (i.e., previous transactions using the respective
cryptocurrency).
A
trade view is a part of the exchange website where you can see a graph of the
price of a specific cryptocurrency and its current price. Before coming up with
the idea of starting the exchange, Gupta traded
cryptocurrencies, which helped him become familiar with the intricacies of the
asset class. It was here that he first heard about blockchain and
cryptocurrency technologies. Co-founder of India's newest cryptocurrency
unicorn barely started his company.
Comments
Post a Comment