CoinDCX is one of India's two biggest crypto apps, with more INR products than any rival: spot trading, INR-margined futures, crypto options, SIPs and staking. Here is what it costs, how safe it has been, and who it actually suits.
A strong all-rounder if you want everything in one INR app, especially futures and options. The July 2025 hack hit CoinDCX's own operational wallet, not customer funds, and the company covered the loss, but it is a reminder to move long-term holdings you don't trade to a wallet you control.
| Best for | Traders who want spot, INR futures and options in one app |
|---|---|
| Founded / HQ | 2018 · Mumbai |
| FIU-IND registered | Yes, registered with FIU-IND as a reporting entity; no FIU penalty found |
| INR deposits | UPI, IMPS/NEFT bank transfer |
| Spot trading fee | Tiered by 30-day volume, roughly 0.03% to 0.50% on INR spot (check the live fee page) + 18% GST on fees |
| Futures | Yes, INR-margined and USDT-margined futures, plus INR options on BTC, ETH and SOL |
| SIP / recurring | Yes, from ₹100, including daily SIPs |
| Coins listed | 500+ (company claim) |
| 1% TDS deducted | Yes, automatically |
| Security record | July 2025: about $44M taken from an internal operational wallet; customer funds untouched, loss covered from CoinDCX's treasury. Publishes monthly proof-of-reserves. |
| Official website | coindcx.com |
CoinDCX is built around the rupee. You deposit INR by UPI or bank transfer, buy coins in the INR spot market, and sell back to INR, with the 1% TDS deducted automatically on each sell. On top of spot you get:
Spot fees are tiered by your 30-day volume, small accounts pay the most, heavy traders far less, and 18% GST is added to the fee. Futures are cheaper per trade than spot but leverage multiplies losses; read risk management & position sizing before you touch them. Crypto withdrawal fees are set per coin and network, so compare them before moving coins out.
CoinDCX is registered with India's Financial Intelligence Unit (FIU-IND), the legal requirement for any exchange serving Indians. On 19 July 2025 attackers took about $44 million from an internal wallet CoinDCX used for liquidity on a partner exchange. Customer funds sat in cold storage and were not affected, and CoinDCX absorbed the loss from its own treasury. It publishes proof-of-reserves reports each month.
In March 2026 both founders were briefly arrested over a fraud complaint in Thane; the court granted bail within days, saying there was no prima facie case, and CoinDCX said the fraud had been carried out by impersonators using its name. The practical lesson: download the app only from official stores, and never send money to anyone claiming to be CoinDCX staff.
It fits traders who want derivatives and spot under one INR login, and investors who like SIPs. If you only buy and hold Bitcoin, any registered app works, pick on fees and withdrawal costs, and consider a self-custody wallet for the long term.
Yes. CoinDCX is registered with FIU-IND and follows Indian KYC and anti-money-laundering rules. Crypto is legal to buy and hold in India, though it is not legal tender.
Yes, in July 2025 about $44 million was stolen from an internal operational wallet. Customer funds were held in cold storage and not affected; CoinDCX covered the loss itself.
Yes. The 1% TDS on crypto sells is deducted automatically and reported against your PAN, so you can claim it when you file your return.
Yes. CoinDCX offers INR-margined futures, so margin and profit/loss are in rupees. Leverage magnifies losses as much as gains, most beginners should start with spot.
