What is CoinDCX And How Does It Work?

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What is CoinDCX And How Does It Work? : You must know about crypto currency. Coindcx is used to buy and sell crypto currency. So Coindcx is a crypto currency exchange platform. What is CoinDCX? Let’s know more about it.

We can buy and sell bitcoin, ethereum, solana, shiba inu and many other cryptocurrencies which are listed on Coindcx. Coindcx is a very popular crypto exchange platform in India. There are many types of crypto currency exchange platforms in India and many of them are platform frauds. But Coindcx is a reliable crypto exchange platform.

What is CoinDCX? How to create account and invest on Coindcx? How to earn money from CoinDCX? And will learn in detail about other things related to Coindcx.

What is CoinDCX?

What is CoinDCX

CoinDCX is an Indian cryptocurrency exchange platform. Where you can buy and sell Bitcoin, Ethereum, Binance, and over 100 other cryptocurrencies easily and securely. Coin DCX was started in March 2018 by IIT-Bombay graduates Sumit Gupta and Neeraj Khandelwal, who wanted to create a centralized platform to conduct business.

This crypto exchange has been built keeping Indian investors in mind. So here investors can invest in more than 100 cryptocurrencies by depositing INR through IMPS, RTGS, NEFT, UPI, or payment gateway.

Features of CoinDCX

  • The user interface of this application has been made very simple, making it very easy to buy and sell new bitcoins.
  • In a single application, you can invest and manage Tara’s various cryptocurrencies.
  • Another great feature of this application is that you can start investing in any cryptocurrency with just Rs 100.
  • After investing in cryptocurrency, you can sell your investment whenever you want and withdraw your money back to your bank account.
  • The app’s customer service is great, with customer agents answering your questions and troubleshooting quickly.

How to download CoinDCX App?

You can easily download the CoinDCX Go App from the Google Play Store and install it on your smartphone. Or you can install it from the download link given below.

How to create an account on CoinDcx App?

Step 1. After downloading the CoinDcx App from Play Store, open the application.

Step 2. Now you have to Sign Up with your email, if you already have an account on CoinDcx App then you can directly click on Login.

Step 3. After this you have to fill your name, email and password and click on the button of Continue.

Step 4. Now an OTP will come on your registered email, enter OTP and click on Next option.

Step 5. After this you have to enter your mobile number and click on the button of Continue.

Step 6. Now an OTP will come on your registered mobile number, enter the OTP and click on the Continue button.

How to add bank account in CoinDCX App

  • To add Bank Account, you have to click on the option of Account Setting. Coindcx kya hai
  • Where you have to click on the option of Add Your Bank Account at the bottom.
  • On the next page enter the bank account number, IFSC code and submit for verification.
  • Your bank account will be linked with the application in next 24 hours.

How to complete KYC on CoinDcx App?

  • First of all you have to open your CoinDCX-Go app and click on account below
  • Now you have to click on Account Settings and click on Complete Your KYC
  • After this, by clicking on Continue, you have to upload a Selfie by clicking on Take Selfie.
  • Now you have to upload the photo of front side and back side of your Aadhar Card.
  • After this you upload the photo of the front of your Pan Crad, your KYC will be submitted.

How to do Bank Verification on CoinDCX App?

  • After signing up, open the CoinDCX app.
  • After opening the CoinDCX app, click on the option of Account.
  • After that click on Account Setting.
  • Now select Add Bank Account and click on Continue.
  • Now enter your bank information. Like- Account Number and IFSC Code.
  • Double check the bank account details entered and click on Proceed.
  • Now an OTP will come on your registered mobile number, verify it by entering it.

How to buy cryptocurrency in CoinDCX?

  • First click on the option of Prices?
  • Here you will get the list of all Cryptocurrency. From which choose your favorite Cryptocurrency and add it to the Watchlist.
  • Now open the Watchlist and click on the Cryptocurrency you want to buy.
  • Now you will get the option of Buy and Sell.
  • Click on the Buy button to buy crypto.
  • After this a new page will open. Enter the amount in which you want to buy INR crypto.
  • After that click on the BUY button.
  • Your Cryptocurrency will be added to your Portfolio as soon as you click.

How to sell cryptocurrency on CoinDCX App?

  • First of all, you have to click on the option with Prices.
  • Now here you will see the list of the entire Cryptocurrency you have bought.
  • Select the Cryptocurrency you want to sell and click on View Price Charts & Details.
  • Here you will find the Sell button, click on it.
  • Now enter the amount of cryptocurrency you want to sell and click on the Sell button.

How to earn money from CoinDCX?

  • You can earn money by investing in more than 300 cryptocurrencies on CoinDcx App. Investing in cryptocurrency is very risky but the value of cryptocurrency fluctuates very fast, so you can get good profits in cryptocurrency.
  • If you refer CoinDcx App to any of your friends and your friend signs up with your referral code and trades 5BTC or more, then here you can earn 25 USD. You can earn good money with the refer and earn system of CoinDcx App.

Is CoinDCX Safe?

Yes, every fund invested in cryptocurrencies through the CoinDCX platform is safe. The platform assures the users that it supports every investment and makes sure that they will not face any issues.

FAQs

Who is the Brand Ambassador of CoinDCX GO?
The brand ambassador of CoinDCX GO is the famous Indian actor Mr. Amitabh Bachchan.

How much time does KYC Verification take on CoinDCX app?
The KYC verification process at CoinDCX is fully automated and takes approximately 24-48 hours to complete.

Is Coindcx Indian company?
Yes, CoinDCX is an Indian company based at Mumbai, Maharashtra. Its founder’s name is Sumit Gupta and he is also its CEO.

Conclusion

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