CoinDCX founded by Neeraj Khandelwal, Sumit Gupta in 2018 as a Cryptocurrency Exchange.
Cryptocurrency Exchange, (where peoples trade with digital currencies like Bitcoin) at Mumbai, Maharashtra, India.
Its founders decided Mumbai, Maharashtra, India location as its headquarters.
We all know that Bitcoin (which is a digital currency) start getting popularity in 2014 in India.
After that lot of platforms comes over their which started as a startup to buy and sale such kinds of digital currencies.
The profit margin of such startup are to high than normal investment. It allow buying, selling and trading in 100+ cryptocurrencies.
The return of investing such cryptocurrencies is reported high than some of other kinds of investment, that's why lot of platforms which was founded as a platform to buy and sale cryptocurrencies are become successful.
Initially when buying and selling of cryptocurrencies started, in that time peoples don't trust in such currencies.
The reason is that these currencies have only digital value and not available physical value.
In such case developing a trust among peoples become a one of the main issue.
But time to time by opting proper values like Simplicity, Security, Support and so on CoinDCX become a successful Cryptocurrency Exchange startup in India.
It also offer its services through application which is known as CoinDCX App. Company offer this application for both Anroid and iOS plaforms.
It also offer multiple kinds of solutions to its customers some of them are like CoinDCX's Pro (which is a advanced traning product), CoinDCX's API, CoinDCX's Guides (learn about cryptocurrencies), CoinDCX Ventures (investment initiative by CoinDCX in other businesses).
CoinDCX's userbase includes a huge number of users like 1.4 Crores Registered Users which shows the success of this company.
Because reaching that much registered users as a Cryptocurrency Exchange is not a that much easy task. The users are also increasing periodically.
With that much number of registered users in CoinDCX platform it become a one of the highly valued Cryptocurrency Exchange in India.
It become a unicorn in August, 2021 with the entry valuation about 1.1 billion dollars which later become 2.15 billion dollars after the last round of funding.
Multiple peoples, ventures and companies are their who invested or investing time to time on CoinDCX.
Some of these investors are like B Capital, Coinbase Ventures, Polychain Capital.
The number of investors of CoinDCX are also increasing time to time due to the high rate of return.
In a significant move towards providing tailored investment solutions for High Net Worth Individuals (HNIs), It has unveiled CoinDCX Prime, a specialized platform aimed at managing substantial investment volumes. With a vision to achieve $100 million in Assets Under Management (AUM) by 2025, CoinDCX Prime marks a strategic shift in the digital asset trading landscape. […]