About Coindcx Cryptocurrency Exchange
Launched on April 7th, 2018, CoinDCX is a cryptocurrency exchange with its offices located in India. Built with user experience and security in mind, They claims to provide near-instant fiat to crypto conversions with zero fees. On the, users can have single-point access to a diverse suite of crypto-based financial products and services that are backed by security processes and insurance. They claims to have the highest number of cryptos listed of exchanges in India.
CoinDCX Cryptocurrency Exchange claims its onboarding process to be one of the fastest in the industry as the completion of the KYC and Bank Account verification process can reportedly be done within 5 minutes. The fees are minimal for trading and crypto withdrawal. The exchange also provides near-instant deposit and withdrawal capabilities. This is backed by investors such as Polychain Capital, Coinbase Ventures, Bain Capital Ventures, and HDR Group, operator of BitMEX.
How To Sign Up & Start Trading
| Exchange | Details |
|---|---|
| Exchange Name | CoinDCX |
| Exchange Type | Cryptocurrency |
| Withdraw Fee | 1.0000 TRX |
| Support | 24/7 |
| Langugae | English |
| Taker Fee | 0.50% |
| Maker Fee | 0.050% |
| Website | Homepage |
How To Sign Up & Start Trading
How Does CoinDCX Work?
CoinDCX trading is simple and straightforward. This simple interface makes it unique among major exchanges like Binance.To start CoinDCX trading, one has to sign up for the account by providing certain relevant details. Once the provided details are verified and one has successfully signed up, they will be able to start trading cryptos on the site.
Fees INR
Your Clubs & Fees for CoinDCX exchange (INR trading pairs) will be updated on a weekly basis. This will be determined by your cumulative trade volume across ALL exchanges, including INR markets as well.
| Club | 30d Trading Volume (INR) | Maker Fee (Spot/Margin) | Taker Fee (Spot/Margin) |
|---|---|---|---|
| Level 1 | 0 – 5L | 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 5 | 1Cr – 5Cr | 0.100% | 0.120% |
| Level 6 | 5Cr – 10Cr | 0.080% | 0.120% |
| Level 7 | 10Cr – 50Cr | 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% |
Binance
| Club | 45d Trading Volume (BTC) | Maker (Spot/Margin) | Taker (Spot/Margin) |
|---|---|---|---|
| Level 1 | 0-5 | 0.100% | 0.100% |
| Level 2 | 5-10 | 0.095% | 0.100% |
| Level 3 | 10-50 | 0.090% | 0.100% |
| Level 4 | 50-100 | 0.085% | 0.100% |
| Level 5 | 100-500 | 0.080% | 0.100% |
| Level 6 | 500-1000 | 0.075% | 0.090% |
| Level 7 | 1000-5000 | 0.070% | 0.085% |
| Level 8 | 5000-10000 | 0.060% | 0.080% |
| Level 9 | 10000-25000 | 0.050% | 0.070% |
| Level 10 | 25000-100000 | 0.040% | 0.060% |
Please Note:
- Fees are charged on a per-trade basis.
- Fees are calculated as a percentage of the trade’s quote currency volume (by default).
- Certain pairs allow the fee to be calculated based on the trade’s base currency, which can be specified when ordering using the fee currency option.
- Fees are adjusted according to the blockchain conditions regularly.
Future Trading Fee
| Exchange | Maker Fee | Taker Fee |
|---|---|---|
| OKEX | 0.020% | 0.050% |
| BitMEX | 0.000% | 0.075% |
Please Note:
- Fees are charged on a per-trade basis.
- Fees are calculated as a percentage of the trade’s quote currency volume (by default).
- Certain pairs allow the fee to be calculated based on the trade’s base currency, which can be specified when ordering using the fee currency option.
- Fees are adjusted according to the blockchain conditions regularly.
Withdraw Fee
| Token | Minimum withdrawal Limit | Withdrawal fee |
|---|---|---|
| Tron (TRX) | 150.0000 TRX | 1.0000 TRX |
| Bitcoin (BTC) | 0.0010 BTC | 0.0005 BTC |
| Indian Rupee (INR) | 100.0000 INR | 0 INR |
CoinDCX is making crypto accessible
CoinDCX, India’s most valuable crypto investment app, is dedicated to make crypto accessible in a simple way. Established in 2018, CoinDCX has solved numerous problems faced by the Indian crypto community with solutions around crypto investing, crypto trading & crypto literacy.
Features
Simple & Quick
Download the CoinDCX app, complete KYC and deposit INR to start investing.
Valuing Risk Appetite
They value your risk appetite and enable you to invest with amount as low as Rs. 100
Safe & secure
Covered by leading risk monitoring & asset insurance providers.
Insured By BitGo
Funds are insured to give you complete safety
Simple
They take pride in ability to create user experiences that are simple no matter the complexity of the underlying technology.
Compliant
The pillar of compliance has enabled us to be one of the pioneers in India to implement crypto AML monitoring.
Is CoinDCX Safe?
Interested people have recently been attempting to determine whether or not CoinDCX trading is safe. This is because they are unwilling to invest in cryptocurrency exchanges that are deemed unsafe. CoinDCX apps have been recognized as safe for using programs by many trading platform comparison sites. This implies that any transaction taking place or money invested on this site will not be a fraud or readily hacked. This makes for a unique selling point among other exchanges like Binance.
CEO Sumit Gupta is a co-founder of the Indian crypto dealing and trading company. CoinDCX Pro and CoinDCX Go are two of the organization’s applications. With 500k downloads, CoinDCX Go is an application for investing in cryptocurrency, while CoinDCX Pro (which has almost 100k downloads) works as an application to exchange various cryptos.
Most exchanges today ask for KYC verification. It is mandatory to complete their KYC to use the applications and that only emphasizes its safety quotient.