CoinDCX Witnesses a Phenomenal 2000% Surge in Crypto Deposits as Investors prioritize Compliance & Security

• CoinDCX emerges as Indian investors’ first choice amid rising concerns about non-compliant offshore exchanges.
• CoinDCX’s hassle-free and seamless process of enabling users to deposit  crypto assets from other platforms to CoinDCX, has significantly facilitated the migration process for investors.

CoinDCX, India’s leading and most valued crypto exchange, proudly announces a staggering 2000% surge in crypto deposits since December 28 on its platform. This significant uptick is attributed to escalating apprehensions among users regarding non-compliant offshore exchanges, intensified by the recent issuance of compliance Show Cause Notices by the Financial Intelligence Unit India (FIU IND). 

CoinDCX – India’s first choice for investors to park their funds safely

Recognizing the critical need for a safe and compliant platform, users on offshore exchanges are increasingly migrating their assets to CoinDCX. The platform’s commitment to user safety and regulatory compliance, evident in its status as the first FIU registered entity and ISO 27001:2022 certified crypto exchange in India, is proving to be India’s first choice for investors to park their funds safely. Over 1.4 crore Indian users trust CoinDCX for their crypto investments. 

Sumit Gupta’s Perspective: Prioritizing Investor Protection

“Our primary focus is always on prioritizing investor protection, and that remains unchanged,” stated Sumit Gupta, Co-Founder of CoinDCX. “We continue to stand by Indian investors, providing the best possible support in the current scenario. We have streamlined the process of crypto deposits, ensuring a seamless transfer experience from other platforms. Additionally, we are introducing incentives and delivering support to users who want to migrate their assets to CoinDCX..”

Advocacy for Compliance-First Platforms: A Safer Crypto Journey

CoinDCX has consistently advocated for compliant platforms that adhere to the regulatory framework and laws of the land. The platform encourages all investors to prioritize compliance-first platforms for a safer and more sustainable crypto journey.

Commitment amid Recent Developments: A Secure and Compliant Environment

In light of recent developments, CoinDCX reiterates its commitment to providing a secure and compliant investment environment for its users. With its unparalleled user safety measures, unwavering adherence to regulations, and dedicated support system, CoinDCX stands as the preferred choice for investors seeking a safe and future-proof crypto exchange  in India.

Read more: How to deposit crypto on CoinDCX