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The fact that CoinDCX offers multiple cryptos such as Bitcoin, Ethereum, and many more altcoins is their unique selling point. It implies that various cryptocurrency traders will be able to utilise this platform and will not have to go elsewhere. This, however, comes at a cost. Because a freshly formed altcoin will not be subjected to the same examination, there may be more scam coins.
★★★★★
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PROS:
- A diverse selection of coins are available for exchange.
- It has sufficient liquidity across a wide range of trade pairings.
- Trading fees are modest, and the minimum amount for a trade is likewise low.
- With a single tap, you can buy and sell instantly.
- It has a margin trading leverage of around six times on a variety of assets.
- It supports UPI and IMPS as payment options.
- Continuous and live customers are also available to address questions immediately.
- The leverage in futures trading is approximately 20 times.
- It is available on a variety of platforms.
CONS:
- There are no other alternatives than INR as a FIAT currency.
- Higher FIAT values will need verification.
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