CoinDCX

Trading Pair Delisting Notice: CoinDCX Platforms | 17 January 2024

Dear Community,

We will remove and cease trading on certain trading pairs for Mines of Dalarnia, DeXe, SPACE ID and Polkastarter from Spot on CoinDCX on 18th January 2024.

The exact Spot Trading pairs being removed are: DAR/BNB, DEXE/ETH, ID/BNB, POLS/BTC .

At 10:00 AM (IST) on 18th January 2024, we will delist DAR/BNB, DEXE/ETH, ID/BNB and POLS/BTC trading pairs on Spot and then cancel all pending spot trade orders.

However, users can still trade the above assets on other trading pairs that are available on CoinDCX : DAR/USDT, DAR/BTC, DEXE/USDT, ID/USDT, ID/BTC, POLS/USDT and  POLS/BNB.

We regret the inconvenience this may cause, but we assure you that we’re taking this step keeping in mind the long-term safety of your investments.

Regards,

Team CoinDCX

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Simple steps to sell WTC / BTS / PERL token | 4 December 2023

Dear Community

Refer to the steps :

Step 1: Log into https://coindcx.com/ with your registered CoinDCX credentials.

Step 2: Hover your cursor on the Pro drop-down menu, and then click on Spot.

Step 3: Click on Visit Spot. Please refer to the image below.

Step 4: The page would open with https://coindcx.com/trade/BTCINR (image below). In the “Search Coins” tab, please type in WTC, PERL or BTS.

Step 5: WTCUSDT, WTCBTC, PERLUSDT, and BTSUSDT pair will filter out, please click on that and you will see the ‘BUY’ andSELL’ options on the bottom right corner of your screen.

Step 6: Click on ‘SELL’ and enter in the amount of respective tokens you possess to sell them for USDT/BTC (If applicable pair available) (refer to image below).

The credited USDT can be used for subsequent trading. In case of any further queries, please reach out to our Support team here

Regards

Team CoinDCX

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LQTH Staking Users: Why is my ETH Invested value Incorrect?

Summary:

The ETH Invested value in the portfolio section does not match the original invested value for users who have pledged ETH in CoinDCX for staking.

What is the original invested value?

The value at which ETH is brought by users. (For example, if user has brought 2 ETH in ETH/USDT market at a price of 1000 USDT, then the invested value will be 2000 in USDT, let’s assume USDT to INR price is 80, then the original invested value is 1,60,000 INR)

What is the value that is now shown on the portfolio?

We have debited the ETH from your portfolio during the course of the LQTH staking product and credited it back once the staking period is complete. While crediting the ETH back, we have ensured that all users get their ETH balance updated accurately. So there is no mismatch in quantity, but the average buying price is now given at 0. (Let us consider the previous example; we have given 2 ETH back to users, but instead of 2000 USDT as invested value the user will see invested value as 0)

What is the impact of this?

Inflated portfolio returns: In the portfolio section, since the Invested value is 0, the unrealized returns appear to be inflated.

Do I, as a user, need to be worried about my taxation?

No, for taxation purposes, CoinDCX supports users with trade reports with all details of how a crypto asset is acquired and sold. This report will contain the original buying price of ETH. While we understand the origins of this issue, we will try to fix the same. It will not affect the functioning of any of our products/services,

Please do reach out to us if you have any other questions.

PS: This will only affect users who have participated in LQTH staking product.

Happy Trading.

Team CoinDCX

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Diwali Game Zone | 10 November 2023

What’s a Diwali party without games?

Here’s your invitation to join a fun ‘Diwali Game Zone’ organized by CoinDCX. Dates are set – 11th November 2023, to 13th November 2023. All you have to do is join us on our official accounts for the fun games and win prizes worth up to ₹40,000.
Follow our official Twitter and Instagram channels closely for more details on the event. Become eligible for the reward by simply participating and following the rules of the respective games. 

What?
Diwali Game Zone is a 3-day fun-filled event of games on the official X (formerly known as Twitter) handle of CoinDCX—rules to be declared on the day of each contest. 

Where?
The official handle of CoinDCX on X (Twitter)

When?
Date: 12 PM, 11th November 2023 to 11:59 PM, 13th November 2023

Reward:
Each game will have its reward mechanism. Details of the same will be announced along with the contest rules before each game begins. 

Get ready for a fun and crypto-filled Diwali party by CoinDCX. We hope this Diwali will be full of fun, prosperity, and crypto rewards.  Please scroll further for the terms & conditions.

Regards

Team CoinDCX

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Terms and Conditions:

Diwali Activity Zone (“Campaign”) commencing from November 11, 2023 at 12:00 p.m. (IST) till 13th November 2023 11:59 p.m. (“Campaign Period”) is open for a Participant, who:
(i) complies with onboarding requirements and any campaign/ promotional event level requirement;
(ii) a new user who downloads the CoinDCX app and registers himself as a user;
(iii) a user already registered and currently transacting on CoinDCX platform as per its rules
(iv) has a valid account on a social media platform – Twitter
General Campaign Terms
  • During the Campaign Period, Neblio Technologies Private Limited (“CoinDCX”) shall organize 3 different activities (as mentioned below) on its official Twitter account.
  • Each winner shall be entitled to receive a virtual digital asset worth INR 1000 from a total reward pool of INR 40,000. The winners will be decided basis the response mentioned by Participation and shall be decided by CoinDCX in its sole discretion.
Details of Activity
Reward worth of 
Activity 1
A gif with multiple token names would be posted on the official twitter handle of CoinDCX, the Participant shall take the screenshot of the gif displaying the name of the VDA the Participant is willing to win.
Participant shall mention the identified names in the comment section of the post with #DiwaliGameZone as the hashtag.
INR 15000
Activity 2
A rangoli design would be displayed on the official Twitter handle which would have some VDA’s names hidden, Participants shall use its skill and identify the same. The identified names should be mentioned in the comment section with #DiwaliGameZone as the hashtag
INR 10,000
Activity 3
There will be a gif of the diya posted on the official Twitter handle, Participant shall take a screenshot of the lightened diya when it’s lighten up and share the same in the comments section with #DiwaliGameZone as the hashtag
INR 15,000
  • Initial Participants as mentioned against each activity during the Campaign Period will be rewarded.
  • Final winners will be announced on 17th November 2023 by 11.59 pm.
  • After the winners are announced, the Reward will be distributed into each winner’s wallet within 7 (seven) working days of such announcement. However, if there is a technical failure or unforeseen circumstances, these timelines may not be met by CoinDCX. CoinDCX does not undertake any liability for the same.
  • 10% TDS will be debited from reward value.
  • Participants who would have multiple sign ups from the same device will be disqualified to avail any reward. Further, CoinDCX shall have a right to reverse any rewards received during the Campaign Period.
  • The manner in which reward be distributed shall be as per the internal process followed by CoinDCX. However, if there is a technical failure or unforeseen circumstances, these timelines may not be met by CoinDCX. CoinDCX does not undertake any liability for the same.
  • CoinDCX shall have the sole right and discretion to decide and declare the eligible Participants for the Campaign. The Participants hereby waives all rights to dispute any decision of CoinDCX in this regard and CoinDCX does not undertake any liability, responsibility or guarantee towards any Participant.
  • CoinDCX holds all rights to revoke the reward or any rights therein in case of any fraud, breach of network security, misrepresentation, negligence, any activity in order to avail the reward by any illegal or immoral means, breach of applicable law or terms herein by any User. CoinDCX shall have a right to proceed against the User in a manner as CoinDCX may deem fit.
  • CoinDCX reserves the right to discontinue, suspend, modify, cancel the Campaign or any terms contained herein for any or all of its Participant(s).
  • The Participants, by participating in this Campaign, hereby agree and grant their consent to CoinDCX for sharing their in-app activity with each other including any survey, statistics etc.
  • The Participants hereby agree and acknowledge that CoinDCX does not undertake any guarantee or warranty on the service being provided by a third-party platform and shall not be liable for any defects or discrepancies. 
  • The Participants shall indemnify and keep CoinDCX indemnified at all times for and against any loss, costs, damages, expenses, liabilities, claims arising out of any breach by the Participants of the terms contained herein or of any applicable laws. 

 

Winners: CoinDCX World Cup Championship | 6 November 2023

Dear Community

We’re excited to announce the winners of the CoinDCX World Cup Championship, held on the CoinDCX App from  28th October to 31st October

Heartiest congratulations to the winners for winning!

Email Reward
[email protected] iPhone 15
[email protected] Indian Team Jersey
[email protected] Indian Team Jersey

 

Team CoinDCX

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