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Revealed: February 13, 2024 at 5:15 am Up to date: February 13, 2024 at 5:16 am
Edited and fact-checked:
February 13, 2024 at 5:15 am
In Temporary
CoinDCX companions Koinex to help customers in accessing their locked property from the defunct trade, making certain a easy and safe course of.
Indian crypto trade firm CoinDCX at the moment entered into an settlement with Koinex, an Indian VDA trade that ceased operations in 2019. In accordance with the announcement, this partnership goals to help Koinex’s former customers in accessing their property by CoinDCX’s platform.
Underneath this settlement, CoinDCX will collaborate intently with Koinex’s present customers to make sure a straightforward transition to the CoinDCX platform. Customers with present CoinDCX accounts underneath the identical KYC will expertise an computerized transition, whereas others might want to bear CoinDCX’s established KYC course of for onboarding.
“When can I entry crypto property mendacity on Koinex? You don’t must ask this query anymore! Entry all of your koinexindia crypto property on CoinDCX,” the corporate mentioned on platform X.
Customers who want to entry this facility can go to right here.
“This step aligns with CoinDCX’s imaginative and prescient of nurturing a thriving, safe, and clear VDA ecosystem in India. We imagine in Web3, and our dedication to supporting the ecosystem goes past this partnership. At CoinDCX, we attempt to undertake initiatives that profit the Web3 neighborhood. Our unwavering dedication continues into the longer term, as we goal to empower our neighborhood and unlock the potential of a decentralized future for all,” mentioned Sumit Gupta, co-founder of CoinDCX.
CoinDCX Communicates Integration Course of to Koinex Customers
The mixing course of has been communicated to Koinex customers, with CoinDCX initiating mandatory procedures promptly. A devoted buyer desk will present customized help, making certain a easy transition for all customers.
“Koinex, as soon as the most important and favored digital property trade, confronted an unlucky closure. Throughout the shutdown course of, we offered an affordable window for customers to withdraw their property. For these customers unable to take action, that is the perfect alternative to affiliate with a good and compliant trade like CoinDCX. I’m grateful to CoinDCX, and I’m certain our customers will now profit from this collaborative endeavor,” mentioned Aditya Naik, founding father of Koinex.
CoinDCX is the primary FIU registered Indian trade, trusted by over 1.4 crore Indians for his or her crypto journey. With a easy person interface and a variety of merchandise together with Purchase/Promote, CIP, Earn, and Futures, the platform lists over 500 tokens and boasts a quarterly common buying and selling quantity of INR 16.5K crores. The corporate prioritizes compliance and safety, holding ISO 27001:2022 certification.
CoinDCX’s imaginative and prescient and potential have garnered confidence from international traders, together with Pantera, Steadview Capital, and Coinbase Ventures, amongst others.
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About The Creator
Kumar is an skilled Tech Journalist with a specialization within the dynamic intersections of AI/ML, advertising and marketing know-how, and rising fields reminiscent of crypto, blockchain, and NFTs. With over 3 years of expertise within the business, Kumar has established a confirmed monitor document in crafting compelling narratives, conducting insightful interviews, and delivering complete insights. Kumar’s experience lies in producing high-impact content material, together with articles, stories, and analysis publications for outstanding business platforms. With a novel ability set that mixes technical data and storytelling, Kumar excels at speaking advanced technological ideas to various audiences in a transparent and interesting method.
Extra articles
Kumar is an skilled Tech Journalist with a specialization within the dynamic intersections of AI/ML, advertising and marketing know-how, and rising fields reminiscent of crypto, blockchain, and NFTs. With over 3 years of expertise within the business, Kumar has established a confirmed monitor document in crafting compelling narratives, conducting insightful interviews, and delivering complete insights. Kumar’s experience lies in producing high-impact content material, together with articles, stories, and analysis publications for outstanding business platforms. With a novel ability set that mixes technical data and storytelling, Kumar excels at speaking advanced technological ideas to various audiences in a transparent and interesting method.