CoinDCX logo

CoinDCX

Leader

CoinDCX is India's leading crypto exchange with 20M+ users and a $2.45B valuation — Coinbase acquired a minority stake in 2025 and the exchange expanded to MENA via BitOasis acquisition.

Best for: Cryptocurrency ExchangeMarket leader
Financial ServicesCryptocurrency ExchangeWebsiteUpdated May 2026
Customers
20M

Company Overview

About CoinDCX

CoinDCX is India's largest cryptocurrency exchange, trusted by over 20 million users and holding a valuation of $2.45 billion as of October 2025. Founded in 2018 and headquartered in Mumbai, the exchange offers spot and futures trading across major digital assets, with a focus on regulatory compliance, security, and accessibility for Indian retail investors at all experience levels. CoinDCX became India's first crypto unicorn in 2021 and has since expanded its product suite to include Bharat Custody — India's first domestically built crypto custody solution.

Business Model & Competitive Advantage

In 2024, CoinDCX acquired Dubai-based BitOasis, MENA's leading virtual assets broker-dealer, marking its first international expansion. In 2025, Coinbase received approval from India's Competition Commission to acquire a minority stake in CoinDCX, deepening the relationship between the US exchange leader and India's largest domestic platform. CoinDCX re-registered with India's Financial Intelligence Unit (FIU) following a regulatory dispute and continued growing trading volume to ₹51,333 crore in FY25.

Competitive Landscape 2025–2026

CoinDCX pioneered transparency in the Indian crypto market by becoming the first Indian exchange to publish monthly transparency reports and quarterly Proof of Reserves, and has established a ₹57.5 crore Crypto Investors Protection Fund for security incidents. Despite suffering a $44 million internal account compromise in July 2025 — with zero user fund losses — the exchange maintained its position as the market leader through institutional relationships, product depth, and regulatory alignment.

Founded
2018
Headquarters
Mumbai
Customers
20M
Curated content • Fact-checked and verified

Key Differentiators

Market Leader

CoinDCX is recognized as a market leader in the Financial Services sector, demonstrating strong industry presence and customer trust.

Massive User Base

Trusted by 20M worldwide, demonstrating broad market appeal and proven reliability.

Frequently Asked Questions

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