Trading Crypto has certainly become the next best thing you can do after buying crypto. We are all aware that in order to deal with cryptocurrency, you need an exchange platform. And when it comes to exchange, what better option can you explore than CoinDCX ?
CoinDCX is an Indian cryptocurrency exchange that deals with buying, selling, trading, exchanging, staking, borrowing and lending crypto assets as well. So it’s basically a ONE STOP destination for all your crypto needs.
Why CoinDCX ?
CoinDCX has been around for 3 years and has gained the trust of over 3 million+ Indians for their crypto investment. The platform has over 3 billion+ crypto invested by its users and 75 billion+ crypto purchased from the exchange.
We certainly have valid reasons to turn our heads towards CoinDCX for trading crypto assets. \
Easy to Start
Any crypto beginner or investor can easily access or navigate through the CoinDCX Platform. It is a three step guide to make your trading experience 100X better.
- Create an account : It is literally the easiest thing to do. You can just create an account to register yourself as a user by using your email and Creating a password.
- Fund your account : Link your account with your bank and transfer funds into your digital wallet to start trading
- Start investing : once your wallet is funded, you can buy or invest in more than 200+ altcoins on the platform.
CoinDCX has proved to be one of the largest crypto exchanges in India which is reliable and trustworthy due to its security features. CoinDCX claims to defend their systems against all threats, prevent the use of internal mechanisms and have a strict intolerance policy for any trading frauds. The platform not only works on principles but also practices them by keeping 95% of their funds in cold wallet and only 5% in the hot wallet. The individual accounts are also secured by two factor authentication and withdrawal confirmation mails and messages. The cold wallets are completely offline and out of the reach of hackers.
Your funds on CoinDCX are secured and insured by BitGo. The exchange platform follows it’s security claims strictly and hence in order to assure it’s users against any security threats or theft, CoinDCX has partnered with BitGo as it’s insurance company. All the cryptocurrencies of the users are insured by BitGo and any misshapen in the funds due to the company’s fault will be instantly fixed. The funds stored in cold wallets are also insured in order to give the customers a fund safety policy for trading without any hurdles in the way.
Low Low Trading fees
Trading fees is the money that an exchange charges you for trading in crypto using the platform. The trading fees are divided between the takers and the makers. CoinDCX is one of the cheapest Platforms to trade crypto because it charges very low trading fees. The exchange charges takers 0.04%, and makers 0.06%. This is certainly below the market average trading fees which are parallely high and ranges somewhere between 0.10% – 0.20%. This is CoinDCX’s step to motivate more people to #TryCrypto.
Wide range of trading products
CoinDCX has always made trading easier for its users by introducing various trading products. Some of them include margin trading which lets you trade with 6X leverage, The trading app CoinDCX Go, Insta to buy cryptocurrencies using INR instantly, Trade for massive liquidity while trading, etc. Along with a wide range of trading products, CoinDCX also allows its users to choose from 500 currency pairs to trade.
CoinDCX stands as the ultimate platform for trading in cryptocurrency whether you’re an experienced trader or just a beginner. The crypto exchange is backed up by Binance, Huobi, and HitBTC and gives high liquidity on trading. This not only makes it my go-to Platform for trading but also 3 million+ Indians trust CoinDCX for their Trading needs.