Koinex Merges with CoinDCX to Simplify Transition of Existing Users to the Latter's platform

On Tuesday, CoinDCX, an Indian VDA exchange, announced it had signed an MoU with Koinex, a 2019-defunct crypto exchange. The strategic move will see Koinex's existing one lakh users make a transition to the CoinDCX platform.

"This step aligns with CoinDCX's vision of nurturing a thriving, secure, and transparent VDA ecosystem in India. We believe in Web3, and our commitment to supporting the ecosystem goes beyond this partnership. At CoinDCX, we strive to undertake initiatives that benefit the Web3 community. Our unwavering dedication continues into the future, as we aim to empower our community and unlock the potential of a decentralized future for all," shared Sumit Gupta, Co-founder, CoinDCX.