CoinDCX is a cryptocurrency exchange that supports it’s clients to trade various cryptocurrencies and tokens amongst other assets. It is currently located in Singapore as it's main base of operations.
CoinDCX Coins and Markets
One of the aspects that make a crypto exchange appealing, is the number of coins that they have available to trade. This exchange currently has 256 available to trade. If you are looking for specific coins to trade, then be sure to check out the website to ensure that the one that you are after is available. Sometimes exchanges add more coins simply to say that they have a lot, so having more coins does not always mean the exchange is more popular or better. It is sometimes the smaller more niche exchanges that can offer the better service. Of course, more coins does mean more choices.
For those that like to trade on an exchange, it is vital that there are enough pairs to trade with. There are currently 486 markets on offer here. More likely than not, all of the major pairs are available to trade including things like Bitcoin and Ethereum. Depending on the number, a large number could indicate that a lot of the smaller coins are also tradable. We should point out that simply having more pairs to trade does not make an exchange any better than another, it simply means that there is more choice. Sometimes it is the smaller exchanges that offer a better platform and trading experience. So be sure to look at other aspects as well as simply the number of pairs available to trade.
CoinDCX Deposit Methods
The crypto exchange that you choose must accept the deposit method that you require, the following deposit methods are available to use: Crypto. There may be more methods available in the future.
When depositing into the crypto exchange, you are required to deposit at least $1. You can of course deposit as much as you like, as long as it is above that value. Lower is more accessible, but remember that there are fees and sometimes it will be cheaper to deposit larger amounts, especially if there is a fixed fee rather than a percentage.
There are some fees associated with the exchange. These are often pair during deposits or withdrawals. The current fee being charged is 0.0005 BTC.
Fees are something that no one likes but more often than not when it comes to crypto exchanges, they are not avoidable, so consider how the fees rank in regards to other exchanges to see whether or not you would be better off depositing here or elsewhere. The industry average seems to be around 0.0005 BTC, so anything more than that would be considered expensive, anything less would be considered as cheap.
CoinDCX Accepting US Clients
It can be difficult to find a crypto exchange that is accepting US clients, luckily this one is. It is hard to find one due to the regulatory rules within the US, something that a lot of crypto exchange sites simply do not wish to deal with.
CoinDCX Customer Support
There are a number of different ways that you can get in contact with the broker, these include Email. A broker must be contactable. Issues do happen, so having a reliable way to get in contact is vital. The more methods available the better as it makes getting that help that you need just a little bit easier.