Leading Indian cryptocurrency exchange, CoinDCX, reveals its new app aimed to let users easily purchase and sell bitcoin and other top digital assets within a bid to capture 50 Mln new users.
In line with a recent official update today, the exchange’s app offering, CoinDCX Go, offers fresh comers to the crypto ecosystem a “quick check-in check-out trading experience.”
The app is claimed to be backed by artificial intelligence-based AML algorithms, while users’ funds are secured and insured by global custodian BitG.
CoinDCX Go permits users to trade smaller denominations on 14 of the industry’s leading assets along with Bitcoin [BTC, -0.90%], Ethereum [ETH, +12.23%], Bitcoin Cash [BCH, +6.77%], Litecoin [LTC, +7.02%], Binance coin [BNB, +3.0 ].
While explaining further, Gupta added:
“The focus is to form users see merits within the industry by attention to details,” said CoinDCX CEO Sumit Gupta. Support on technical issues are going to be offered “around the clock.”
The exchange added that CoinDCX Go was conceived after it had conducted a joint survey discovering over 60% of Indian users actually find cryptocurrency investing an extremely challenging task.
Till date, India’s population exceeds 1.3 Bln, with a fraction of that – solely around 0.5% – have invested in cryptocurrency, CoinDCX adds.
As a part of the response to the survey’s findings, the novice-friendly trading application features an interface that aims to induct a “new breed of first-time users.” The application doesn’t presently charge fees on deposit & withdrawals.