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COINDCX

by-Step Instructions for Buying Your   1st Crypto 


                     


                  SIGNING UP ON COINDCX


Follow the instructions below if you are a new user looking to join CoinDCX.


Step 1: Get the CoinDCX app. Then, proceed by clicking the SIGN UP button.

          



Step 2 – Enter your name, email address, password, and cell phone number.
   




Step 3 – You will be required to insert the OTP you received through email and SMS on the cell phone you provided during registration. You will be signed in and directed to your account as soon as the OTPs are validated.
To begin trading on CoinDCX, you need complete your KYC, enter your bank data, and strengthen the security of your account. Existing customers can skip the procedures for completing their KYC, entering their bank data, and maintaining their account security.


                          FINISHING YOUR KYC

When you sign in to CoinDCX, you will be directed to your account, where you must click on the blue button to complete your KYC. After completing your KYC, you will be able to increase your deposit and withdrawal limits over INR 10,000.


While completing your KYC, keep your Aadhar Card or Passport handy, as well as your Pan Card. You will also be needed to authenticate your identity by taking a selfie. When the KYC is completed, you will be contacted via email. The next step is to enter your bank account information.



                                            

 

              DEPOSITION OF MONEY ON COINDCX

Step 1 – Under Account, choose the Available to Invest (+Add Funds) option. This is your wallet, which keeps track of your previous deposits and withdrawals. You can add or remove funds from this account as needed. To add INR to your account, click Add Funds.



                                




     Step 2 – You will be requested to put the amount you want to deposit as well as accept the condition that you will be depositing from your CoinDCX-linked bank account. Select a payment option to obtain the bank account information into which the funds must be put.


     
    



Click the 'Continue' button.



     



          

          What actually is cryptocurrency?

A cryptocurrency is a type of digital currency. Cryptocurrencies work on a network node, allowing them to exist independently of central authority. Transactions can be cleared without the presence of a trusted third party between the payor and the payee, and are meant to ensure that the payment has the cash and that each transaction is completed.

   
  

               Bitcoin is a very well cryptocurrency and has the highest overall value. It is a fiat money, which means it has no value and is not legal currency in almost every country,. As a result, Bitcoin only has value when individuals and businesses agree to accept it in exchange for other things (such as dollars or Indian Rupees).


                            Buyers' Risks

Financially related with digital currencies may change for different stakeholders throughout the trading cycle, such as financial institutions, non-financial firms, and investors. The largest harm to investors is the investment risk, which is the risk of losing the value of the digital currency itself, which is carried by each investor in digital currencies.          
                       





Disclaimer

Cryptocurrencies blogs are usually published for audiences who are either already involved in cryptocurrency or are considering doing so for the first time. Because bitcoin, like other investments, can go up and down quickly and unexpectedly, it's critical that people understand this from the start. Even if you are an expert, you must state that you are not providing them with advice as a professional. Your readers aren't paying customers. You can't be held responsible for what they do with the information they find on your site.

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