Online platform the first educational initiative unveiled as part of the CoinDCX #TryCrypto initiative following $1.3 million investment
CoinDCX, India’s largest and safest cryptocurrency exchange, has launched a new online platform and subsidiary, DCX Learn, a holistic resource for cryptocurrency and blockchain educational content. This is part of CoinDCX’s crypto adoption initiative, #TryCrypto, which aims to introduce 50 million Indian users to the cryptocurrency sector. Coming off the back of a dedication of US$1.3 million to its #TryCrypto initiative, CoinDCX plans for DCX Learn to play a vital role in leading the nationwide movement towards borderless financial services digital asset adoption.
On the launch of DCX Learn, Sumit Gupta, CEO and Co-founder of CoinDCX, said: “With the potential to accelerate financial inclusion in India, as well as opening gateways to new forms of investing, cryptocurrencies can benefit everyone. However, for Indians to take full advantage of crypto, we need to lay the groundwork through appropriate education. With DCX Learn, we want to arm users with the knowledge necessary to navigate crypto markets. As India’s largest exchange, we believe it is our duty to give people the tools needed to unlock the benefits of digital assets, and we are sure that DCX Learn will be vitally important in achieving our goal of onboarding 50 million Indian crypto users.”
The DCX Learn platform will provide learning material in the form of guides and articles, online courses, interactive lectures, and free quizzes, specifically tailored to all levels of crypto users, from novice to advanced market participants. Topics on the platform will include blockchain, cryptocurrency, trading, economics, and security. As India’s safest crypto exchange, CoinDCX has confirmed that crypto security will be a major focus on the platform providing information and knowledge for safe trading. The content available on DCX Learn will also be supported by collaborators from leading global industry thought leaders including CryptoKanoon, CoinCrunch, Inlox Network, Cashaa, and many more to be announced.
Expressing support for the launch of DCX Learn, Kashif Raza, Co-founder of CryptoKanoon, said: “ At this stage of growth for the Indian crypto community, there is a need to provide potential users with better access to knowledge and toolsets to make their trading experience safe and productive. The launch of DCX Learn comes at a time when India is bullish on crypto—and with more resources and information available to Indian users, we are confident that the industry can achieve long term, sustainable growth.”
Shan Aggarwal, Head of Corporate Development at Coinbase said: “With most of the world currently in some form of lockdown due to the Covid-19 crisis, people are staying home and learning more about cryptocurrencies. This is a great time for an initiative and platform such as DCX Learn to provide valuable information on the benefits they can accrue with crypto, as well as how to engage in its use. We are looking forward to lending our support towards CoinDCX in providing crypto-related education.”
The launch of DCX Learn follows the recent news that CoinDCX has closed a successful Series A funding round, with $3 million in funding from Bain Capital and others,as well as successful strategic investment of an additional $2.5 million from Coinbase Ventures, and Polychain Capital.
Sign up for DCX Learn on https://dcxlearn.com/sign-up/ and receive updates on available resources, seminars, and courses.
Additional Collaborator Quotations:
Kumar Gaurav, CEO of Cashaa, said: “Bitcoin is an exit door that can save all of us from the fall of the current financial system. It will enable the next wave of financial services by making them convenient, economical, and giving back users full control over their money. It’s very important that Indians as a significant percentage of the world population must understand this change. I am proud that Coindcx is doing its best to empower the billions of people through this wonderful initiative. Cashaa is looking forward to supporting CoinDCX on the launch of the DCX Learn platform.”
Abhimanyu Kashyap, Founder and CEO of Inblox said: “India is currently witnessing increasing interest in cryptocurrencies and digital asset adoption. There is now a big opportunity for everyone to get involved in the technology of the future. However, while with new technologies, come new opportunities, they also carry new risks.. This is why it is imperative that industry leaders create a culture of knowledge dissemination for all newcomers to the industry. We are proud to stand with CoinDCX as it launches its DCX Learn initiative to bring about awareness of cryptocurrencies and their benefits in all its forms. We will offer our full support in this endeavour.”
CoinDCX is India’s largest and safest cryptocurrency exchange. Built with user experience and security in mind, CoinDCX provides instant fiat to crypto conversions with zero fees, so that users can have access to a diverse suite of financial products and services that are backed by industry-leading security processes and insurance protection.
CoinDCX aims to be the global gateway to cryptocurrencies. Its proprietary liquidity aggregation model provides its users with access to liquidity from leading global crypto exchanges. Recognised and awarded for its contribution to the Indian emerging tech space, CoinDCX is backed by investors such as Polychain Capital, Bain Capital Ventures, and HDR Group, operator of BitMEX. CoinDCX offers users an integrated suite of products, including DCXinsta, providing fiat onboarding from Indian Rupees (INR) to crypto, DCXlend, a decentralised lending service, and DCXmargin, with up to 6x leverage trades across more than 250 markets, and DCXfutures, with up to 20x leverage trades on leading digital assets futures.