Published 10:58 IST, May 8th 2021
CoinDCX vs WazirX: Which is the better crypto exchange for you? Find out
Cryptocurrencies have recently blown up in India and many people have taken up crypto trading. In this article, we will be comparing CoinDCX vs WazirX.
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Cryptocurrencies have been trending a lot this year. As COVID-19 rapidly spre around world, people working from home have started to invest ir money into cryptocurrencies after seeing incredible returns this market offered. Over past couple of years, as price of Bitcoin and or cryptocurrencies skyrocketed, even general population started investing in cryptocurrencies.
cryptocurrency craze has caught up in India too, and millions of Indians have started to invest in cryptocurrencies using crypto exchanges such as WazirX, Coinswitch and many more. Over past year, many new crypto exchanges such as CoinDCX, Zebpay and many more exchanges have opened up in country. In this article, we'll be comparing two exchanges -- CoinDCX vs WazirX -- and help reers determine which one is best one for m.
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CoinDCX vs WazirX
When choosing a crypto exchange, one of most important concerns for new crypto investors is fees charged for transactions by crypto exchanges. In this aspect, CoinDCX has lower fees. CoinDCX charges a 0.1 per cent takers fee and 0.1 per cent makers fee. In contrast, WazirX charges almost 0.2 per cent as takers' fee and makers fee for each transaction. Moreover, CoinDCX app provides many or features such as DCXmargin, DCXfutures and DCXstake which are not available in most Indian apps. Moreover, main selling point for CoinDCX is fact that it has more than 200 cryptos listed on exchange, as y proclaim on ir app.
reviews for CoinDCX have been fairly positive on PlayStore, but many people have complained about ir funds not being transferred or problems in tring during peak tring times. On or hand, WazirX is India's most popular crypto exchange in terms of users. However, over past week or so, many people have been facing problems while uploing funds.
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Looking at Twitter replies for WazirX, you can see many people complain about ir funds being deducted from bank but not showing up in accounts. WazirX Twitter insists y are constantly working on improving ir app's capabilities. While many people are looking for best cryptocurrency exchange in India, people are requested to thoroughly research apps before y choose to create ir accounts and invest in m.
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DISCLAIMER: information provided on this website is for educational and entertainment purposes. information provided on this websites does not constitute investment vice, financial vice or tring vice. Republic World does not recommend purchasing any cryptocurrency. Crypto markets are highly volatile and crypto investments are risky. Reers should do ir own research on cryptocurrencies and consult ir financial viser before making any crypto investments.
IMAGE: COINDCX AND WAZIRX TWITTER
10:58 IST, May 8th 2021