2,00,000 Total Active Users. INR 75B+ Total Crypto Purchased. INR 3B+ Total Crypto Invested. Buy any crypto in seconds. Using Insta, buy from a list of. 100+ Cryptos in an Instant. Build a portfolio in minutes. Our simple tools help you. Build a portfolio in minutes Mar 2018 - Present3 years 3 months. Mumbai Area, India. Co-founded CoinDCX in early 2018 upon noticing a vacuum of information and understanding around the cryptocurrency ecosystem in India. Users had to navigate a vast, labyrinth-like environment to efficiently trade their cryptocurrencies CoinDCX founders Sumit Gupta and Neeraj Khandelwal say that the platform has crossed a total of $10 billion in trading volumes cumulatively, and hit that figure in February 2021 The exchange has just finished its 3rd round of funding in December 2020 with total funds raised worth USD 19.4 Million from companies such as Coinbase Ventures(the investment arm of San Francisco, US-based cryptocurrency trading platform Coinbase), Polychain Capital, Bain Ventures, Bitmex, Mehta Ventures, and Alex Pack, etc Sumit Gupta, CEO and Co-founder, CoinDCX. Posted By: smechannels on: February 02, 2021 In: Budget Reactions. Print Email. Cryptocurrency has been emerging as one of the fastest-growing digital assets globally and India has seen tremendous traction building up following the supreme court lifting the banking ban
CoinDCX, a crypto exchange that claims to be the largest in India, says its fiat to crypto product Insta has experienced 38% month over month growth in volume, according to a statement by the firm. CoinDCX's co-founder and CEO, Sumit Gupta, commented on the new development, noting that this has been a very exciting year for the exchange. The pandemic did force everyone indoors, and the situation is still not much better. However, CoinDCX managed to scale up exponentially, and it still continues to do so. CoinDCX in 202 According to Sumit Gupta, co-founder and CEO, CoinDCX, the platform sees $20-25 million worth of trading every day, about 75% of which comes from Indian investors
Bitcoin prices have crawled back up, but traders have lost $10 billion due to the crashUnsplash. which is one of the largest mining pools which may have prompted thesell-off, said Sumit Gupta, co-founder and CEO of CoinDCX, in a statement toBusiness Insider — Sumit Gupta (CoinDCX) (@smtgpt) May 14, 2020 . Trading volumes on CoinDCX increased by 47% in the first quarter of 2020. The Supreme Court of India, in a historic decision, revoked the banking ban on the country's crypto industry — Sumit Gupta (CoinDCX) (@smtgpt) January 30, 2021. For his part, lawyer Jaideep Reddy also developed a series of technicalities that should be studied, assuring that an express prohibition could generate a legal conflict (which could further extend the process of regulatory uncertainty surrounding cryptocurrencies). 4 . Watch Sumit Gupta, Co-Founder & CEO, CoinDCX and Nischal Shetty, Founder & CEO, WazirX decode the scale & scope of Crypto in India Hom View Sumit Gupta's profile on LinkedIn, the world's largest professional community. Sumit has 4 jobs listed on their profile. See the complete profile on LinkedIn and discover Sumit's connections and jobs at similar companies
Sumit Gupta, cofounder and CEO of CoinDCX, in a press statement, users on its platform can purchase 100+ cryptocurrencies at competitive prices with close to zero deposit and withdrawal fees Crypto has maintained its store of value and has seen a surge of interest in the Indian market, while other traditional commodities and asset classes such as gold, oil and equities have taken a nosedive, according to CoinDCX' co-founders Neeraj Khandelwal and Sumit Gupta
Indians have a clear favourite when it comes to cryptocurrencies. The world's largest virtual currency by market capitalisation—bitcoin—is the most traded cryptocurrency in India. Since March when the ban on cryptocurrencies was revoked, bitcoin accounted for 20% of the total traded volumes on WazirX, one of the popular cryptocurrency exchanges in India Cryptocurrency-trading platform CoinDCX gets Rs 100 crore in Series B funding Crypto-trading platform CoinDCX is set to expand its product suite and hire top level talent with the newly raised funds Sumit Gupta and his co-founder established CoinDCX, which is based in Singapore, in 2018. The platform specializes in crypto-enabled financial services. CoinDCX is bringing a unique solution with its crypto-based products by developing borderless financial services that ensure a faster, more straightforward, and uninterrupted capital flow
India's crypto sector saw a major boost after its Supreme Court ruled to lift a ban on crypto trading, paving the way for more blockchain development View Sumit Gupta's profile on LinkedIn, the world's largest professional community. Sumit has 1 job listed on their profile. See the complete profile on LinkedIn and discover Sumit's connections and jobs at similar companies The annual returns for ONE, QTUM, and TRX are 8-10%, 6-10%, and 5-10% respectively, Sumit Gupta, co-founder and CEO of CoinDCX, told The Block. The exchange doesn't charge any commission or fee.
Sumit Gupta, CEO and co-founder of CoinDCX said, This has been the most exciting year for CoinDCX. While the pandemic forced everyone indoors, CoinDCX scaled up exponentially and continues to do so. Our team tripled in number from 30 in March to 90 in December, and we are continuing to hire aggressively . The two-day event will run from February 26—27 and will see leading entrepreneurs and decision-makers from the financial services and technology sectors gather from around the world to.
Ahmedabad: CoinDCX has launched crypto-to-crypto exchange, where people will have the freedom to legally trade in 30-plus pairs in BTC/ETH markets without touching the fences of RBI regulated entities while complying with all laws and regulations. Founded by Sumit Gupta and Neeraj Khandelwal, CoinDCX claims that being a crypto-to-crypto exchange, it doesn't deal with any RBI regulated entity. Trading Volumes On The Rise. Prior to the April 2018 circular by the RBI, the Indian cryptocurrency market was soaring with an average trading value of around $100 to $150 million a month, said Ashish Singhal, chief executive officer at Coinswitch. The trading values soared and fell with the volatile value of the cryptocurrencies like the Bitcoin, which rose $1,100 in April 2017 to a peak of. View Sumit Gupta's profile on LinkedIn, the world's largest professional community. Sumit has 5 jobs listed on their profile. See the complete profile on LinkedIn and discover Sumit's connections and jobs at similar companies . The content of the draft is not known to anyone as yet that what is there inside Download India's simplest Bitcoin app: https://bit.ly/2NoWySx Sumit Gupta is the co-founder of CoinDCX, which is India's largest and safest Cryptocurrency exchange! With its valuation of over ₹100 crores, CoinDCX is trying to educate people like you and me to understand how Cryptocurrency works from the very basic
CoinDCX's 1.2 lakh user base prior to March 2020 has been growing 10x every day since the banking ban was lifted, claims Gupta. And trading volumes have grown by 47 percent in the three months. 오래전의 법정 싸움으로 인도는 이제 암호화 산업에서 더 밝은 미래를 보게됩니다. 인도의 암호화 산업에는 큰 일이 앞서고있는 것 같습니다. 인도의 암호화 산업과 교환 플랫폼은 암호화 시장에서 눈에 띄는 접근 방식을 만들고 있습니다. CoinDCX는 반드시 인디언을 만드는 그런 교환 플랫폼 중. Free Tips, Recommendation, Expert Advice, Technical & Fundamental Analysis, Latest Update, News, Stock, Shares, Mutual Fund, Commodities, IPO, Currency Derivatives. . After finishing his graduation and post-graduation from IIT Bombay in India, he joined Sony in Tokyo. He invented India's first location-based online marketplace (ListUp) which became a multimillion-dollar startup within a year In my journey, then I went ahead and worked with brands like Ola Si, I started my own brand management marketing firm and if I remember correctly in 2019 somewhere in the mid I got this call from Sumit Sumit Gupta founder and he we We had a good chat on call and then the next day I was at the office of CoinDCX and spent four to 5 hours there trying to understand what these guys are up to
Coindcx announced a Rs 100 crore or USD FPIs net sellers of Indian stocks worth Rs 6,452 and we are continuing to hire aggressively, Coindcx co-founder and chief executive Sumit Gupta. Sumit Gupta, CoinDCX's founder, also pointed out that they had expanded their workforce by 200 percent between March and December, allowing them to improve their capacity and serve the influx of.
Compiling all three rounds of funding this year, CoinDCX has raised close to $19.4 million, till date. With the latest influx of funds in this round, CoinDCX plans to introduce new products and accelerate the process of hiring. According to CoinDCX CEO Sumit Gupta, the company's team tripled in number from 30 in March to 90 in December Sumit Gupta, CEO and co-founder, CoinDCX. While the exchange has been seeing steady growth consistently, it hit its stride in the past six months. The exchange claims to have seen a 3x growth in the overall traded volume and saw 4x quarter-over-quarter growth in daily active users, in the Apr-Jun quarter Sumit Gupta, CEO of CoinDCX, Their net leverage, Worth More Than Detroit's Biggest It's still too soon to tell if and when Nio might enter the U.S. marketplace,. CoinDCX has announced to raise INR 100 crore worth funding in its latest Series B funding round. Founded back in 2017 by Neeraj Khandelwal and Sumit Gupta, CoinDCX focuses on enabling a borderless product for smooth and seamless financial services for an uninterrupted flow of capital Sumit Gupta, CEO and co-founder at CoinDCX, stated: We have witnessed rapidly growing demand for futures trading among Indian cryptocurrency market participants
Value Toppers; Advances with the help of PAN, said Sumit Gupta, CEO and co-founder of CoinDCX. in cryptocurrencies may be highlighted under 'Income from Other Sources', opined Gupta Added to this, COINDCX Co-Founder Sumit Gupta also said that the government needs to explain what private and public digital currencies are. Moreover, crypto ban in India could bring a severe blow to the country's growing crypto firm Sumit Gupta, CEO, CoinDCX The Supreme Court order on March 4 revoking the RBI ban on cryptocurrency gave things a nudge, and then came the Covid-19 lockdown three weeks later
Another Indian crypto exchange, Coindcx, is seeing a similar trend. CEO Sumit Gupta shared with news.Bitcoin.com that his exchange witnessed 10 times growth in the first week after the supreme. Sumit Gupta. Co-founder & CEO, CoinDCX Abhishek Bourai. Founder & CEO, Cxihub Prashanth Balasubramaniam. Co-founder, LastBit Unblock 2021 is about discussing topics with industry experts from around the world and creating products that people value
CoinDCX is popularly known for being India's largest home-grown cryptocurrency exchange platform that allows users to trade in Bitcoins, Ethereums and many other altcoins at the best value. It has a simple and efficient interface that has been des.. According to Sumit Gupta, Founder and CEO—CoinDCX, investments in cryptocurrencies too should be driven by financial situation and goals. For those looking to diversify and grow their portfolio, Gupta believes that a long-term approach is warranted to benefit from the potential rewards of blockchain technology and its positive impact on cryptocurrency prices Sumit Gupta of CoinDCX is of the view that bitcoins should be allowed to continue as a value store, and people should be able to continue investing. Industry players estimate that cryptocurrency is a $1 trillion industry with 340 start-ups Cryptocurrency exchange CoinDCX on Tuesday said it raised Rs 100 crore ($13.9 million) in its series B round led by Block.one
Sample this, the highly anticipated market debut of Coinbase, which ended the day with worth $86 billion was a blockbuster IPO, sparking another rally in cryptocurrency prices worldwide. In this episode, we speak with Sumit Gupta , Cofounder & CEO- CoinDCX- a homegrown cryptoexchange, Nitin Sharma, Partner at early stage VC firm Antler and Sanjay Khan Nagra, Khaitan & Co CoinDCX , India's largest and safest cryptocurrency exchange, today celebrates its two-year anniversary of Insta (formerly known as DCXInsta), its fiat-crypto buy/sell product. Having seen 38% month-over-month growth in volume over the past two years, Insta has become India's most trusted and busiest fiat-crypto buy/sell product Sumit Gupta, CEO and cofounder, CoinDCX, pointed out that the cryptocurrency trading in India has seen a gradual rise, especially after the Supreme Court overturned apex bank Reserve Bank of India.
— Sumit Gupta (CoinDCX) (@smtgpt) February 10, 2021. The industry has also started a campaign to show the widespread support digital currencies have in India. Dubbed #IndiaWantsCrypto, the campaign is inviting the public to support its petition against the banning of digital currencies By Yeshu Agarwal CEO and Founder, Traden, Sumit Gupta Co-Founder & CEO, CoinDCX, Abhinav Ramesh CEO and Co-Founder, Murmur DApp, Edul Patel Co-Founder at Mudrex.com (YCombinator W2019) 15:15 - 15:35 Political Economy of Decentralizatio
CoinDCX claims to be the world's most versatile crypto exchange that offers a safe and secure platform that makes trading effortless. It brings the highest liquidity from the world's best cryptocurrency exchanges for fast order execution, instant arbitrage opportunities, and smooth spot trading experience CoinDCX condemns CoinDelta's exit strategy! In response, slashes its withdrawal fee on Ripple (XRP) and Tron (TRX) and Stellar (XLM) by 100% to restore the market confidenc Cryptocurrency exchange Coindcx raises Rs 100 crore in third round of funding during pandemic 22 Dec, 2020, 12.16 PM IST The funds raised in the past as well as the current round will help develop a newly launched Bitcoin and Crypto Investment App making it the easiest and the safest way to onboard everyday Indian into cryptocurrencies said Coindcx co-founder and chief executive Sumit Gupta CoinDCX adalah salah satu platform pertukaran yang pasti membuat orang India  Langkah Besar Selanjutnya oleh CoinDCX; Sumit Gupta Menguraikan Saat Bergerak! | Hal-hal hebat tampaknya ada di depan untuk industri crypto India Sumit Gupta, CEO and Co-founder of CoinDCX, said of the investment: The recent months have shown that the cryptocurrency industry in India is finally getting the recognition it deserves from.
CoinDCX has put in safeguard measures to ensure investors are protected, and we have the liquidity to help consumers liquidate their investments if they want to, said Sumit Gupta, co-founder. Crypto prices are calculated by averaging cryptocurrency exchange rates on different cryptocurrency trading platforms. This way, we can determine an average price that reflects cryptocurrency market conditions as accurately as possible. Cryptocurrency exchanges provide markets where cryptocurrencies are bought and sold 24/7 Indian crypto businesses are waging war on a government proposal to ban all private cryptocurrencies.. Last month, the Indian Parliament tabled the The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. The bill seeks to ban all private cryptocurrencies, save for certain unnamed exceptions, and introduce a framework for a central bank digital currency (CBDC)
Sumit Gupta is a Senior Manager with Deloitte Consulting. He is vastly experienced in Tech advisory, Solution delivery and Technology consulting across multiple industry segments focused on FSI. Over past 15 years, Sumit has provided consultations for customers across geographies in Canada, US, Europe and India Emerging as a popular investment vehicle in the past few years, cryptocurrency has thrown open a world of opportunities for all types of investors. 2020 has been an eventful year as Bitcoin emerged as the best performing asset class globally. This turned investor's eyes towards Bitcoin yet again, especially in the last few weeks when it hit its All-time High price of $21,000 again At CoinDCX, we have collaborated with industry players and started the Crypto Covid Relief Fund, which invites donations in the form of cryptocurrencies that will aid in oxygen supplies, food expenses for vaccinations and affected patients, among others, Sumit Gupta, chief executive and co-founder of CoinDCX, told Zenger News Sumit Gupta, Co-founder & CEO of CoinDCX is optimistic that India will take positive measures around regulating the crypto-market. As the consumer interest grows with around 1.5 crore Indians having already invested in cryptocurrencies, he adds, there should be a way out as people want to invest