CoinDCX became India's first Unicorn in Crypto

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·@reeta0119·
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CoinDCX became India's first Unicorn in Crypto
I always feel good when I see Indian crypto exchanges doing well because if these exchanges grow then we can think of a growing crypto ecosystem in the country. The mindset towards crypto is changing from negative to positive and we can see noticeable differences in the last 2-3 years. 3 years back people did not have much interest in bitcoin and crypto and very few people were part of the crypto space but now things have turned the other way around. Indian exchanges are witnessing amazing growth and they onboard millions of new users every day altogether. 

![image.png](https://images.hive.blog/DQmUW8hCu1xrBThJrGn81KLoaijy9ux56Y5RLfPeGmXgkyg/image.png)

[src](https://images.app.goo.gl/CDpxtiqZ6viEmkYYA)

> CoinDCX raised $90 million in a Series C funding round at a valuation of $1.1 billion, becoming the first Indian cryptocurrency exchange to achieve unicorn status amid regulatory uncertainty over crypto assets. Founded in 2018, CoinDCX has onboarded more than 3.5 million users. In the coming months, CoinDCX will be launching the CoinDCX Prime initiative—its latest offering in the high net worth individuals (HNI) and enterprise space

CoinDCX is just a 3 years old company and has achieved unicorn status and this is amazing growth. Usually, it is quite a long time and many companies take a decade to reach but here but because of significant growth in the crypto space this exchnage has done, and its also one of the exchnage that is funded by Coinbase. I believe that it will not be easy for the Indian govt to stop the crypto operation all of a sudden since now its connected to millions of people. 

I have been using the CoinDCX exchange for quite some time and I like their initiative to educate people about crypto and share more awareness. Their website and app are good that run faster and I never had any issues while using them. In fact, this is the first exchnage that has started staking and earn or a couple of coins and they also provide leverage trading which many exchanges are yet to offer here. 

![image.png](https://images.hive.blog/DQmaMphWVYYrUXXDB3zr8qELgEdVsTRUbUEF4QkBymr6gcc/image.png)

[src](https://images.app.goo.gl/SbtBT7uhNpQHdfHRA)

Exchnage has 3.5 million users as of now and they are eyeing to grow this number further and now when the overall crypto segment is getting more attention so its expected that they will be able to reach the 5 million users mark soon. Exchanges are the pillars to make crypto easy for people and such milestones are very good and helpful for the Indian crypto community to grow further. 


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**Thank you so much**

**Stay Safe**

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