CoinDCX is dedicated to building itself on the basis of making crypto easy, simple, and secure for the crypto community. The achievement of being the first crypto unicorn of India only cements the commitment of providing you with simpler solutions and more innovative products from CoinDCX.
CoinDCX is delighted to announce that we have raised $90 million (INR 670 crores) in our Series C funding at a valuation of $1.1 billion. With this, CoinDCX officially becomes the first Indian crypto exchange to reach a ‘Unicorn’ status.
CoinDCX is created with three main objectives – enhancing investor protection, maintaining fair and transparent markets, and reducing systemic risk by giving ample diversification opportunities. CoinDCX has named this framework -7M, as the company analyses every project using the following Metrics.
Liqueth (LQTH) is a bond-backed token based on proof of staking reserve protocol. In other words, the crypto token will be generated in a 1:1 ratio for every Ethereum (ETH) staked through CoinDCX.
CoinDCX is excited to announce the launch of the litepaper of our planned ETH-backed token, Liqueth (LQTH). With almost a million-dollar worth of ETH already staked on CoinDCX, the LQTH tokens will be generated in a 1:1 ratio of the ETH staked through CoinDCX.
India’s Fintech Industry has always had experiences pertaining to major disruptions. Surprisingly in 2020, after the Supreme Court squashed RBI’s banking ban on crypto, there has been an upsurge in financial literacy amongst Indians. Topping that, the pandemic era has just given the window they needed to learn all about the biggest asset class.
Cryptospace has seen a steady rise since the revoking of the banking ban in March 2020. Being the pioneer CoinDCX launched CoinDCX App for the Indian masses.
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Snapshot: DCX Learn joined hands with Zubi to launch a…
