CoinDCX, a leading Indian cryptocurrency exchange, has launched CoinDCX Prime, a premium suite of services designed specifically for high-net-worth individuals (HNIs), family offices, and institutional investors. This move caters to the growing demand from these investor segments seeking exposure to the crypto market.
CoinDCX Prime offers a personalized investment experience for individuals and institutions with a minimum investment portfolio of INR 50 Lakhs. The platform has witnessed a significant increase in participation from HNIs, prompting the development of these dedicated services.
CoinDCX Prime goes beyond standard crypto trading, offering a wealth of advantages for its members:
Personalized Onboarding and Guidance: Dedicated account managers provide tailored support throughout the investment journey, ensuring a smooth and informed experience.
Expert Tax and Legal Counsel: Gain access to renowned tax and legal professionals specializing in the crypto industry, navigating the complexities of crypto investing with confidence.
Competitive Fee Structure: Benefit from the lowest trading fees and no additional charges for asset custody or holding gains, maximizing your returns.
Advanced Earning Strategies: Unlock exclusive access to structured products and high-yield generation opportunities through the innovative "Advanced Earn" product.
CoinDCX Prime builds upon the platform's existing offerings, including the VIP program and OTC desk. This expansion further strengthens CoinDCX's position as a comprehensive crypto investment platform catering to all client segments.
The launch aligns with the global trend of HNIs and institutions increasingly allocating a portion of their portfolios to alternative investments, including crypto assets. A recent Bain & Company study highlights this growing interest, with wealthy individuals seeking higher returns and portfolio diversification through alternative assets.
Further solidifying the legitimacy of cryptocurrencies as an asset class is the recent approval of Bitcoin and Ethereum ETFs by the U.S. Securities and Exchange Commission (SEC). This regulatory move signifies growing acceptance of cryptocurrencies within the mainstream investment landscape.
Minal Thukral, Head of Strategy and Growth at CoinDCX, states: "CoinDCX has established itself as a leading platform for HNIs and institutional investors. Over 1.5 crore Indian investors trust CoinDCX for their crypto journey. We are delighted to witness the same level of trust and interest from HNIs. We've onboarded over 100 institutional investors, and 2,500+ HNI clients, and serve over 25 family offices already. There is significant demand from this category of investors, which is why we are launching Prime Services. These investors seek long-term value and require specialized services. CoinDCX will cater to their needs with personalized support, exclusive research, customized newsletters, and priority access to new offerings, creating a superior investment experience."
Thukral emphasizes CoinDCX's commitment to compliance: "At CoinDCX, we always have a compliance-first approach. We were the first exchange in India to register as an FIU IND entity. We have already won the trust of more than 1.5 crore retail customers. I believe this will play an important role in onboarding HNIs, family offices, and institutional investors as well."
“At CoinDCX, we always have a compliance-first approach. We were the first exchange in India to register as an FIU IND entity. We have already won the trust of more than 1.5 crore retail customers. I believe this will play an important role in onboarding HNIs, family offices, and institutional investors as well,” added Minal.