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Startup Atlas · Cryptocurrency/Digital Assets

CoinDCX Unicorn

Neblio Technologies Private Limited Mumbai, Maharashtra Founded 2018 coindcx.com ↗
Sumit Gupta · Co-founder & CEO Neeraj Khandelwal · Co-founder
$245 MnTotal funding (tracked)
7Funding rounds
14 Oct 2025Last round
945Team size (sourced)

CoinDCX: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Simple, fast onboarding

"It is quite easy, simple, and fast. One can just start investing in just 10 minutes." Emphasizes safety, quick fund deposits/withdrawals, and a reliable trading experience.

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Single-point access to 500+ markets

Offers a single-point access system for trading over 500 cryptocurrency markets.

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Insured custody (DCX Lend)

All users' funds are stored in secure multi-signature wallets protected by BitGo's USD 100 million insurance policy (DCX Lend product).

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Customer Segments

Retail crypto traders and investors

Targets traders interested in buying and selling cryptocurrencies in substantial volumes, primarily focusing on millennials and Generation Z across all experience levels.

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Mass-market Indian (and Middle East) users20.4M+ users

More than 20.4 million users as of the company's October 2025 disclosure.

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Customer Relationships

Celebrity brand-ambassador trust building

CoinDCX roped in Bollywood superstar Amitabh Bachchan as brand ambassador; after he stepped down amid regulatory concerns, it later announced Ayushmann Khurrana as its new brand ambassador for the 'Future Yahi Hai' campaign emphasizing platform safety.

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Channels

CoinDCX mobile/web trading app

Single-point access system for trading over 500 cryptocurrency markets.

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DCXInsta (INR on/off-ramp)

DCXInsta enables conversion between Indian Rupees and cryptocurrencies in both directions; users can deposit INR via net banking and UPI transfers.

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DCX Learn (education/content)

The CoinDCX Learn platform is a blockchain and cryptocurrency academy that offers guides, articles, courses, and lectures.

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Key Activities

Crypto exchange operations

Operates a single-point access trading platform covering over 500 cryptocurrency markets, with spot, P2P, and futures trading.

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AML/regulatory compliance

CoinDCX is a registered 'Reporting Entity' with the Financial Intelligence Unit (FIU) in India and complies with AML/CFT guidelines issued by the FIU.

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Web3/DeFi product development

Introduced Okto, a gateway to DeFi, in August 2022 -- a keyless, self-custody multi-chain wallet.

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Key Resources

No cited public information yet.

Key Partnerships

BitGo (custody)

All users' funds are stored in secure multi-signature wallets protected by BitGo's USD 100 million insurance policy.

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Solidus Labs (risk monitoring)

In February 2022, CoinDCX partnered with Solidus Labs, a risk-monitoring firm, to enhance Anti Money Laundering Protection.

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Revenue Streams

Trading commission

Charges takers 0.04% and makers 0.06% on crypto trades; spot INR trading fees range 0.03%-0.50%, P2P a fixed 0.17%, futures 0.007%-0.05% depending on level.

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Deposit and withdrawal fees

CoinDCX makes money from deposit fees, withdrawal fees, trading commission, and listing fees (no fee charged on INR deposits).

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Listing fees

Revenue also comes from fees charged to projects for listing new crypto tokens on the exchange.

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Cost Structure

No cited public information yet.

FAQs on CoinDCX

What is CoinDCX's business model?

CoinDCX's core value proposition centers on Simple, fast onboarding, Single-point access to 500+ markets, Insured custody (DCX Lend).

How does CoinDCX make money?

CoinDCX's cited revenue streams include Trading commission, Deposit and withdrawal fees, Listing fees.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: scroll.in · Last verified 16 Jul 2026. · Report a correction