CoinDCX Overview
Pro stress-test →CoinDCX is a cryptocurrency exchange founded in 2018 by Sumit Gupta and Neeraj Khandelwal, based in Mumbai, India. It is the top crypto trading app in India, offering a user-friendly interface and support for over 500 cryptocurrencies. The platform enables users to buy, sell, and trade digital assets with support for spot trading, margin and futures markets, and lending features.
Strategic Profile
Pro stress-test →Coinbase invested in CoinDCX (October 2025) to scale its presence in India and the Middle East, valuing the exchange at $2.45 billion. India's Competition Commission approved Coinbase's acquisition of a minority stake in CoinDCX (December 2025). CoinDCX is India's most compliant and institutionally credible crypto exchange, with FIU-India registration, ISO 27001:2022 certification, and a ₹57.5 crore investor protection fund.
Competitive Landscape
Pro stress-test →CoinDCX's top competitors include Binance, Blockchain, and Uphold. WazirX launched its 'ZERO' subscription model on November 26, 2025 at ₹99/month for unlimited trading on 300+ tokens, directly challenging CoinDCX's 0.2% fee structure. Coinbase itself re-entered the Indian market after exiting due to regulatory hurdles, now positioned as both a competitor and strategic partner through its minority stake in CoinDCX.
Industry Context
CoinDCX operates in Cryptocurrency Exchange / Fintech.
Key facts
Founded: 2018 · Headquarters: Mumbai, India