CoinDCX’s Growth Surges Amid Security and Market Recovery
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CoinDCX’s user base grew 14.3% year-on-year, reflecting a boom in urban retail crypto investors. In 2024, the exchange processed roughly $165 billion in transactions and reported $141 million in annualized revenue.
Despite a $44 million server breach in July 2024, CoinDCX covered all losses with its treasury, strengthened security, and restored public trust. CEO Sumit Gupta confirmed that no customer funds were affected.
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CoinDCX’s focus on user security is helping rebuild confidence in India’s trading ecosystem.
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Strong growth during recovery phases proves the firm’s resilience and smart strategy.