CoinDCX eyes mass adoption among novel crypto investors; launches CoinDCX Go

Lualu:CoinDCX Sees Massive Adoption Among New Crypto Investors;  launches CoinDCX Go

  • 60% of India’s population found investing in crypto extremely difficult: CoinDCX survey
  • Envisages Massive Adoption Among New Crypto Investors; especially millennials and Generation Z
  • Allows users to trade on smaller denominations for some of the best crypto assets
  • Offers a fast check-in and check-out crypto trading experience

With the aim of helping new investors adopt cryptocurrency as a potential asset class, CoinDCX – India’s largest and safest cryptocurrency exchange has launched CoinDCX Go – the most easiest and most secure way to buy and sell bitcoin and cryptocurrency. The exchange envisions mass adoption among newbie crypto investors, especially millennials and millennials, and aims to integrate 50 million Indians.

Powered by multiple features and a simple user interface, CoinDCX Go, specially designed for new crypto investors, offers a fast check-in and check-out crypto trading experience. It allows users to operate in the cryptocurrency market with absolute ease and at their convenience. CoinDCX Go was conceptualized following a joint survey we conducted the Mood of the Nation Survey, which found that almost 60% of the Indian population found it extremely difficult to invest in crypto. The reasons given in particular were the lack of an enabling environment and a digital barrier to boarding.

The User Interface (UI) has been designed to bring a new breed of novice users into mind. The platform’s systems are secure, with AI-ML algorithms, which are supported by a dedicated and efficient team to monitor operations. Moreover, to provide a safety net for users, all funds are insured by one of the best established global custodians operating in the market.

Sumit Gupta, CEO and Co-Founder, CoinDCX said, “The app will allow users to trade in smaller denominations for some of the best crypto assets. 14 tokens such as Bitcoin, Ethereum, Ripple, Litecoin are part of this package. Users will be able to purchase these cryptos after they finish a cup of tea or coffee. The goal is to make users see the merits of the industry by paying attention to the details paid for by operators like us by taking the simple steps of developing this app to solve their problems. Technical and problem-solving support will be provided to their users around the clock. “

Currently, CoinDCX Go offers a range of INR pair tokens such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), Chainlink (LINK), EOS (EOS) , Tether (USDT), Cardano (ADA), Stellar Lumens (XLM), Ripple (XRP), Basic Attention Token (BAT), Matic Network (MATIC), Tron (TRX) etc.

These tokens have been approved by CoinDCX to ensure that users only trade in the most stable and secure currencies when purchasing their first cryptocurrency. CoinDCX Go will offer 24-hour support services.

Speaking from the app development point of view, Neeraj Khandelwal, co-founder, CoinDCX said, “Most of the app users are between 22 and 45 years old. This app was introduced for a simple purpose; remove fear of technology, make market figures more understandable and empower you to make informed decisions in the crypto world. A wise investor will regularly invest at least 1% of their disposable income in Bitcoins in their investment portfolio. So too should people who believe in the future of technology. The app just makes integration easy. Buying Bitcoin on CoinDCX Go will be as easy as using one of the popular apps like WhatsApp, Instagram, Amazon or booking your taxi through Uber.

The product is robust and has many security features, supported by a robust system architecture. “Since we focus on newcomers to the crypto universe, special emphasis has been placed on ensuring that the correct inputs are provided at every step, with users being regularly informed about the industry.” adds Neeraj.

Currently, there are around 6 million Indians in crypto, or nearly 0.5% of the total Indian population. CoinDCX Go allows new cryptocurrency buyers to instantly own cryptocurrency without having to wait for order processing and will charge 0 fees for deposit and withdrawals.

In another move to drive mass adoption of cryptocurrencies, the company has invested $ 1.3 million in TryCrypto, its own initiative, which works to make blockchain and cryptocurrency more accessible to users. General public.

CoinDCX Go:

About CoinDCX

CoinDCX is India’s largest and most secure cryptocurrency exchange and the world’s best liquidity aggregator. The exchange has instant deposit and withdrawal facilities. The versatile portfolio structure offers the best fee structure in the industry. Established in 2018, the exchange is considered by many market participants today to be India’s most trusted cryptocurrency exchange.

CoinDCX offers users single access to a diverse suite of crypto-based financial products and services:

Insta – Provides fiat integration of INR to crypto

Spot – Provides access to cryptocurrency trading on over 500 markets

Loan – Decentralized loan service where users can earn 12.87% APR

Margin – With up to 6x leverage in over 250 markets

At stake – Users can earn passive income by staking their cryptos

The exchange has a powerful yet simple interface that provides a fast and reliable trading experience for professional and novice clients. CoinDCX is backed by world-class security processes which include a secure and instant KYC verification process and insurance coverage to protect user funds.

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