Platinx Exchange or CoinDCX
Overview Differences
The PlatinX Exchange app requires minimum investment while the CoinDCX app requires a high amount of investment to trade.
PlatinX Exchange App is one of the fastest-growing Indian crypto exchange apps. Whereas, the CoinDCX app is lacking growth in cryptocurrency apps in India.
In India, Platinx Exchange has more than 60 lakh users whereas the CoinDCX app has very less users compared to the PlatinX Exchange app respectively.
PlatinX Exchange offers a wide range of coins Whereas the CoinDCX offers a very less amount of coins.
PlatinX Exchange app offers tradable pairs at competitive trading fees compared to CoinDCX respectively.
Safety
The PlatinX Exchange is comparatively good with respect to CoinDCX. It is totally safe compared to CoinDCX, which is not so safe in priority to safety when it comes.
The customers can trust the PlatinX Exchange platform as it guarantees that every exchange is backed up and there will be no issues compared to CoinDCX. However, there have been complaints about the CoinDCX interface not being secure with compare to PlatinX Exchange. Overall, it has excellent security features compared to CoinDCX, which crypto traders can trust.
Money Withdrawl
in PlatinX Exchange vs CoinDCX
PlatinX Exchange app withdrawal is pretty simple compared to CoinDCX app withdrawal. Users have to go to PlatinX Exchange account and select funds. Then they have to click on the PlatinX Exchange apps Wallet and enter the amount they need to withdraw respectively. Now they need to complete the verification and withdraw the money. Hence, PlatinX Exchange withdrawal is hassle-free compared to CoinDCX respectively. One can deposit INR-based fiats in PlatinX compared to CoinDCX.
Regulation and Products
Since its inception, PlatinX Exchange has been a regulated crypto trading exchange compared to CoinDCX. This is done to abide by the necessary rules to keep trading on this site safe and secure.
PlatinX Exchange offers its customers a bunch of cryptocurrency products all in one place compared to CoinDCX. The app also offers separate applications for exchanging and investing in cryptocurrency. These applications come with their own set of crypto-related products that help the one immensely.
Buy and Sell Cryptocurrencies
On the PlatinX Exchange traders can use both the website and app to sell and buy cryptocurrencies in India compared to CoinDCX.Users need to create an account to get started with trading with PlatinX Exchange.
PlatinX Exchange is easier to use compared to CoinDCX. If a person has minimum knowledge of, how to use mobile then they can trade with the PlatinX Exchange app. Whereas CoinDCX is tough to use in this scenario.
