crypto: CoinDCX crosses 1 crore-user mark

Synopsis

The company became India’s first crypto unicorn after its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital and others

Crypto trading unicorn CoinDCX on Tuesday said it now has more than 1 crore users.

It claims to be India’s safest crypto exchange with vision to provide safe, secure and easy access of digital assets to more than a crore of crypto investors in India.

The company became India’s first crypto unicorn after its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital and others.
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Commenting on the company’s milestone, Sumit Gupta, CEO and Co-Founder, CoinDCX said that accomplishing such a phenomenal milestone is a remarkable feat, and is a testament to the growing demands for digital assets in India.

“CoinDCX’s exponential growth in the past year attests to the trust that our customers have placed in us as the nation’s safest crypto exchange and from our commitment to drive transparency and credibility in the industry,” he added.

Since its launch in 2018, CoinDCX has tracked robust growth in a four year journey as the user base of the platform grew from 1.4 lakh users at the end of 2020 to 1 crore today.

With an aim to establish global financial inclusion using crypto-based products, CoinDCX has been developing borderless financial services that prioritises security and safety, while ensuring a faster, simpler, and uninterrupted flow of capital.

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Updated: 02/08/2022 — 19:00