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CoinDCX Review

8

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Poor

Revainrating 3 out of 5  
Rating 
2.8
Crypto Exchanges

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Description of CoinDCX

Launched on April 7th, 2018, CoinDCX is a cryptocurrency exchange with its offices located in India. Built with user experience and security in mind, CoinDCX claims to provide near-instant fiat to crypto conversions with zero fees. On CoinDCX, 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. CoinDCX claims to have the highest number of cryptos listed of exchanges in India. CoinDCX 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. CoinDCX is backed by investors such as Polychain Capital, Coinbase Ventures, Bain Capital Ventures, and HDR Group, operator of BitMEX. CoinDCX offers users an integrated suite of products: DCXinsta, providing fiat onboarding from Indian Rupees (INR) to crypto DCXlend, a decentralized lending service, DCXmargin, with up to 6x leverage trades across more than 250 markets DCXfutures, with up to 20x leverage trades on leading digital assets futures. The products are designed for all types of traders keeping their trading experience, risk tolerance, and trading frequency into consideration. CoinDCX envisions onboarding of 50 million users to cryptocurrency with its #TryCrypto initiative. CoinDCX also has a subsidiary called DCX Learn, an EdTech platform for those who want to learn about cryptocurrency and blockchain.

Reviews

Global ratings 8
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Type of review

Revainrating 2 out of 5

CoinDCX: Gives the client the main requirement for their data

CoinDCX is an online digital money exchanging created and sent on April 7, 2018. As CoinDCX is an Indian exchange and supports some local methodologies, it is the standard in India, so it is extremely valuable to keep up with and issue INR. The easy to-utilize interface and progressed minutes are the spine among crypto vendors. This is an extraordinary compromise on the grounds that there is a multi-layered application that works on the exchange and I don't need to stress over a created wallet

Pros
  • Free KYC.
  • There is a pocket program
  • One Trade costs less.
Cons
  • The impacts of smoking were fairly befuddling
  • you can't utilize irregular money when you're from another country.

Revainrating 3 out of 5

Need lot of improvements

I have worked with DCX for nearly a year but the experience is not at all satisfactory. They need to improve on their security & features. Also the support team is not responsive & tickets raised doesnt get resolved quickly. Should improve their offerings to retain clients.

Pros
  • Wide variety of coins
  • Few features are good but executing them takes time
Cons
  • Security
  • support team is not responsive to issues raised

Revainrating 3 out of 5

Very average platform

I have been using COINDCX since 2021. The platform is very average nothing extra ordinary, though the support team was very cooperative & was availabe for support on call. They should improve the navigation & the overall experience to pull & retain their clients.

Pros
  • Responsive support team
Cons
  • security is not up to the mark
  • Interface is bit complicated

Revainrating 2 out of 5

CoinDCX. ...........

many cryptocurrencies are traded online these days and are making good profit mean while some other are shutting down dey to some circumstance. One the online online cryptocurrency exchange, which I know is still active today is the coin DCX, their service has been on since 2018 which it was founded. Making trading more legit and easier they decided to create a mobile phone application which make things a bit easier for traders and , storing your cryptocurrencies is possible without the us

Pros
  • Good customer service
Cons
  • Withdrawal process is hard

Revainrating 2 out of 5

CoinDCX

CoinDCX is a fast and reliable exchange established in India on 7 April 2018, the exchange can be used to buy and sell cryptocurrencies. CoinDCX is an amazing exchange and a few of those that has a working mobile application that makes transactions and trading easier you don't also need a digital wallet to access and trade. Compare to other exchanges, I can confirm the easiness in investment procedures and other aspect. Although this exchange has KYC which i find very strenuous and to sign up

Pros
  • fast and reliable
Cons
  • long registration processes

Revainrating 2 out of 5

provides the customer with the most important need for their information

CoinDCX is an online cryptocurrency trading developed and sent on April 7, 2018. As CoinDCX is an Indian trade and supports some neighborhood strategies, it is the mainstream in India, so it is very beneficial to maintain and issue INR. The simple-to-use interface and advanced moments are the backbone among crypto dealers. This is a great trade-off because there is a multifaceted app that simplifies the trade and I don’t have to worry about a developed wallet to exchange. They offer…

Pros
  • Free KYC.
  • There is a pocket program
  • One Exchange costs less.
Cons
  • The effects of smoking were somewhat confusing
  • you can't use random cash when you're from another country.

Revainrating 4 out of 5

How secure is CoinDCX exchange?

CoinDCX is an Indian exchange and it is exceptionally well known in India since some local payment methods are supported here so it is very convenient to deposit and withdraw INR. Their easy-to-use interface and progressed features are very mainstream among crypto traders. They offer various cryptos including top marketcap coins and numerous other altcoins. It implies that distinctive altcoin traders can utilize this platform and will not need to meander somewhere else. CoinDCX charges the…

Pros
  • The most secure exchange with legitimate security features.
  • Trading charges are quite low.
  • It supports assortments of cryptos.
  • Offers instant purchase and sell.
  • Bother free KYC.
  • Customer support is responsive and supportive.
Cons
  • If you are not Indian then you cannot use Fiat currency.

Revainrating 4 out of 5

CoinDCX highlights...........

CoinDCX is an online cryptocurrency exchange that was established and launched on the 7th April 2018,it is an exchange where you can buy and sell cryptocurrencies. This is an outstanding exchange because it has a mobile application which makes exchange much easier for me, and i don't need a digital wallet to trade. When I was making some investment the procedure was easy unlike some other exchanges. It involves KYC which I find really stressful and also to register on coinDCX you h

Pros
  • It has a Good customer service
  • It Has a mobile application
  • Investment procedure is easy
Cons
  • Withdrawal process is a little bit complicated