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            Binance’s BNB Smart Chain (BSC) Crypto Deposits are Now Live On CoinDCX

            CoinDCX users can now deposit several BEP-20 compliant tokens!

            6 Jan 2024 | 2 min read

            Table of Contents

            Toggle
            • Introduction
            • Unlocking the Power of BNB Smart Chain for Crypto Deposits
            • How do I know if my crypto is compatible with the BSC chain for deposits on CoinDCX?
            • What steps do I need to follow to deposit cryptos on CoinDCX?
            • Can I track the status of my BSC chain-based crypto deposit on CoinDCX?

            Introduction

            Amid the ever-expanding options in the crypto world, CoinDCX has introduced a new enhancement. Within days of releasing the platform’s crypto deposits feature, CoinDCX has enabled the BNB Smart Chain (BSC) for crypto deposits, too. This means various tokens compliant with the BEP-20 protocol, which allows for other tokens and fungible assets to operate on the BNB Smart Chain, can now be deposited seamlessly and securely. This move marks an important moment for CoinDCX users, offering a new avenue to facilitate crypto deposits in a FIU-compliant manner.

            Additional read:  Crypto Deposits Live on CoinDCX 

            In a bid to cater to the diverse needs of crypto enthusiasts in India, CoinDCX has extended its capabilities to support deposits via the BSC chain. This development not only enhances accessibility but also aligns with CoinDCX’s commitment to providing secure, FIU-compliant, and versatile crypto solutions for Indian users.

            What’s better than 2 blockchain networks for #crypto deposits? 🤔
            Three blockchain networks🙌

            BSC network chain is now live for crypto deposits on the CoinDCX app🥳

            Live tokens – $ETH , $USDT, $BNB, $USDC, $DAI, $SHIB, $LINK, $UNI, $BCH, $FIL, $AAVE, $MKR, $AXS, $LINA, $ACH,… pic.twitter.com/98hmUwtDmT

            — CoinDCX: Made in India, for the World (@CoinDCX) January 6, 2024

            Unlocking the Power of BNB Smart Chain for Crypto Deposits

            With the addition of the BSC chain for crypto deposits, CoinDCX amplifies the possibilities for Indian users. This advancement allows for seamless and efficient transfers of various cryptos onto the CoinDCX platform, further expanding the range of assets that users can manage and trade.

            To know about all the tokens that are eligible to be deposited on your CoinDCX account, head over to our Support Page.

            How do I know if my crypto is compatible with the BSC chain for deposits on CoinDCX?

            Check CoinDCX's supported tokens list on the Support Page or you can also check on the deposit form. Some of the most popular cryptos that are compatible with the BSC chain are open to be deposited.

            What steps do I need to follow to deposit cryptos on CoinDCX?

            To learn how to deposit cryptos to your CoinDCX account in a compliant manner, head over to our comprehensive guide, and follow all the steps to deposit your tokens securely and easily.

            Can I track the status of my BSC chain-based crypto deposit on CoinDCX?

            Yes, CoinDCX provides transaction history and status tracking, enabling users to monitor the progress of their BSC chain-based deposits and other deposits too.

            Share
            Indrashish Mitra
            Indrashish Mitra

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            Crypto products & NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations.

            *Data sourced from Looker app as on 01st May,2023
            *Data as on 01st May,2023
            *Quarterly trading volume for Q2 FY'23. Currency conversion rate applied as in data capturing period
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