CoinDCX Introduces India’s First Muhurat Trading for Crypto with 2X Diwali Dhamaal Rewards

New users who place their first buy or sell order between 6:00 pm and 7:00 pm today stand a chance to win up to ₹1,00,000 in PAX Gold tokens

 Bengaluru, November 1, 2024: CoinDCX, India’s largest crypto exchange, has pioneered a new tradition by introducing Muhurat Trading for Crypto assets, offering a unique blend of India’s rich financial heritage with the fast-growing crypto ecosystem. During this special session, held from 6:00 pm to 7:00 pm today to celebrate Samvat 2081, participants marked the Hindu financial New Year by placing trades in a dedicated and auspicious trading window.

Inspired by the traditional Muhurat Trading of equity markets, CoinDCX’s crypto Muhurat Trading witnessed enthusiastic participation from users eager to start the new financial year on a prosperous note. To make the occasion even more rewarding, CoinDCX has announced a Diwali Dhamaal Bonanza with 2X rewards. New users who placed their first buy or sell order during this hour will receive a mystery box with a chance to win up to ₹1,00,000 in PAX Gold tokens.

This initiative underscores CoinDCX’s commitment to making crypto investment accessible and relevant, especially by aligning it with cultural traditions that signify wealth, growth, and good fortune.

Sumit Gupta, co-founder of CoinDCX, stated, “Our community is at the heart of everything we do. Many of our investors who are familiar with equity markets have shown an interest in joining the crypto space, and introducing Muhurat Trading offers them a culturally resonant way to make that transition. As an emerging asset class with strong fundamentals, crypto presents a compelling addition to any investment portfolio. We hope this initiative helps bridge the familiarity of traditional investing with the exciting opportunities in digital assets.”

For more on CoinDCX Diwali Dhamaal Muhurat Campaign – 1st November 2024

About CoinDCX

Established in 2018, CoinDCX is India’s largest exchange trusted by over 1.5 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets. Being the first FIU-registered entity, we prioritize user safety and security, strictly adhering to KYC and AML guidelines.

Through CoinDCX Ventures, we have invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem.

At CoinDCX, we are leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education. After launching a self-custodial MPC technology-backed Okto Wallet in 2023, CoinDCX has leveled up chain abstraction by building a fully expressive orchestration layer to onboard the next billion on Web3.

CoinDCX’s vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred and Coinbase Ventures.

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