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Market News

Indian Exchange CoinDCX introduces Self-custody for Crypto

Written By Rikta Mandal
Published 2022-11-18·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle

Indian crypto exchange CoinDCX will soon allow its customers to store their crypto in self-custody wallets. CoinDCX cofounder Neeraj Khandelwal and the team are actively working on solving this problem and now the company is ready to execute the next step.

.@CoinDCX will soon allow its customers to store their crypto in self-custody. @nrjkhandelwal and team are super focused on solving this problem (war room setup). Imagine one-click crypto transfer to self-custody 🤩

At CoinDCX, we believe in building and shipping Products 🚀 pic.twitter.com/HQnTN7Z6Qg

— Sumit Gupta (CoinDCX) (@smtgpt) November 18, 2022

With this, customers would be able to transfer crypto to self-custody with just one-click. 

Amid the significant market uncertainty brought on by the collapse of FTX, CoinDCX is also working on evaluating proof-of-reserve for the reserve assets and publishing them in a simple dashboard. This will help to make things more transparent. 

Also Read: Indian Crypto Exchange CoinDCX’s Twitter Account Gets Compromised

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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