Mumbai, India — 24 March, 2022

CoinDCX, India’s first crypto exchange unicorn , today announced the launch of its Crypto Investment Plan (CIP). This unique product offering will help investors invest a fixed amount in crypto at regular intervals. With this feature, the investor will not have to stress about timing the market and can invest for the long-term to better manage market volatilities, and enjoy the compounding effect of wealth over time. 

Crypto Investment plan (CIP)  serves as an ideal channel for crypto investors who are looking to enhance their investment journey through disciplined investing, allowing them to invest in accordance with their risk appetite. Designed to provide a disciplined approach in investing, CIP offers investment installments on a weekly basis where investors can invest a fixed amount every week. This enables users to benefit from rupee-cost averaging, lowering market volatility risks over time and countering the volatile nature of crypto. The customers benefit from compounded returns, enabling them to build their digital wealth on a long term basis. 

Commenting on the rollout of the new feature, CoinDCX CEO and Co-Founder Sumit Gupta said, “ Retail investors often find themselves at the crossroads as to which asset to invest in, and at what price to invest at. CoinDCX is actively working to develop products with a clear objective of providing our customers the most value when they invest with us. CIP is one such product through which we are helping investors to stop worrying about timing investments with the market, addressing the dynamic nature of crypto and building greater confidence by minimising risks in crypto investing.”

A pioneer in India’s crypto industry, CoinDCX has tracked unparalleled growth since it was launched in 2018. With an aim to democratise access to crypto-based products, CoinDCX has been developing services that ensures a faster, simpler, and uninterrupted flow of capital. CoinDCX has contributed to offering clients the security, insurance, and ease of buying and selling that they require so that investing in Bitcoin or other crypto assets is now a simple and painless procedure. Following its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital, CoinDCX reached unicorn status, becoming India’s first crypto unicorn start-up.

“Customers have always been at the core of CoinDCX’s business and we are committed to providing the best experience for our customers. As we continue to strengthen the user journey, the launch of CIP will make  investment in crypto even more accessible, enabling more people to enjoy the rewards from the future of finance,” added Sumit.

This announcement comes as CoinDCX surpasses 1 crore users on its platform and most recently enhanced its anti-money laundering protection with crypto-native surveillance and market integrity leader Solidus Labs. CoinDCX continues to be a leading player in India’s crypto industry, scaling efforts to make crypto trading simpler for investment novices and veterans alike. Customers can trade on the CoinDCX app and seasoned investors can leverage CoinDCX Pro to further their trading experience. CoinDCX is committed to enhancing understanding of crypto and blockchain through their education platform, DCX Learn—built to counter misinformation and foster awareness in emerging technologies and innovation.

About CoinDCX

CoinDCX is India’s first crypto exchange unicorn. Built with user experience and security in mind, users can have access to a diverse suite of financial products and services that are backed by industry-leading security processes and insurance protection.

Recognised and awarded for its contribution to the Indian emerging tech space, CoinDCX is backed by investors such as Polychain Capital, Temasek, Bain Capital Ventures, and HDR Group, operator of BitMEX. CoinDCX is ISO Certified and completely KYC/AML Compliant.

With safety and security as its top priority. CoinDCX has partnered with Bitgo, the most trusted crypto custodian in the world, to ensure users' crypto funds are completely safe and insured on the Go app. For more information, visit https://coindcx.com/

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to support@coindcx.com