Cryptocurrency trade CoinDCX on Tuesday introduced that the platform had crossed the mark of 1 crore customers. Launched in 2018, CoinDCX was among the many first such platforms to enter the Indian market. The rise to this milestone was fuelled by the corporate’s stellar development in 2021. Shifting from a consumer base of 1.four lakh on the finish of 2020, the platform acquired over 98 lakh customers in 2021 alone to take its tally previous the 1 crore milestone.
Celebrating the corporate’s achievement, CoinDCX’s CEO and co-founder Sumit Gupta stated that the platform’s phenomenal success was a testomony to the rising demand for digital belongings within the Indian market. Emphasising his firm’s dedication to buyer expertise, he added, “CoinDCX’s exponential development up to now 12 months attests to the belief that our prospects have positioned in us because the nation’s most secure crypto trade and from our dedication to drive transparency and credibility within the business. With this achievement, we glance to push forth with our mission to supply a trusted buying and selling expertise, and champion schooling and consciousness in blockchain know-how and digital belongings.”
Other than being a crypto buying and selling trade, CoinDCX additionally gives schooling in crypto and blockchain with DCXLearn to fight misinformation and drive consciousness in rising applied sciences and innovation as cryptocurrencies transfer in the direction of mainstream acceptability.
The platform lends devoted funding options to the customers as per their wants beginning with CoinDCX for funding novices and veterans, to CoinDCX Professional for seasoned merchants, and CoinDCX Prime for HNIs and establishments.
“As a number one crypto powerhouse, CoinDCX has been on the frontier of India’s crypto panorama, inserting the nation on the world map for digital asset innovation. We’re proud to proceed strengthening our development in India and past, decreasing the obstacles to make the way forward for finance extra accessible to all,” stated Neeraj Khandelwal, co-founder, CoinDCX.
Backed by former Fb co-founder Eduardo Saverin’s B Capital, CoinDCX with its collection C funding additionally grew to become the primary Indian crypto unicorn. This ISO licensed entity additionally has investments from buyers like Polychain Capital, Temasek, Bain Capital Ventures, and HDR Group, operator of BitMEX.