Crypto Investment Plan introduced by CoinDCX to assist its investors

• ByStartupStory     |    March 24, 2022

CoinDCX, a Crypto exchange today announced its crypto investment plan (CIP), a feature that will enable investors to invest a fixed amount of money in crypto at regular intervals without worrying about market volatilities.

To benefit from rupee cost averaging and reduce the risks of market volatility and counteract the volatile nature of crypto has been enabled by CIP to investors. Further, investors are benefited from compounded returns, and in return the investors are enabled by this to build their long-term digital wealth.

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

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

Recently, by partnering with crypto-native surveillance and market integrity provider Solidus Labs, CoinDCX enhanced its anti-money laundering protection.

Many Indian crypto exchanges in order to assist users in buying crypto have started offering crypto investment plans. CoinSwitch, a crypto-exchange, announced the recurring buy plan (RBP) and this plan enables users to set aside a certain amount of money each month in order to buy crypto assets for a long period of time, in the month of February. Giottus and Mudrex are the two crypto exchanges, which are considered the crypto equivalent of mutual funds, which have introduced a systematic investment feature (SIP), which allows users to invest in coin sets.

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