- CoinDCX reaffirms its commitment to transparency and accountability by releasing its third consecutive quarterly PoR report.
- CoinDCX holds a significant amount of cryptocurrency assets, with 1,100 BTC and 14,156 ETH.
CoinDCX, India’s leading cryptocurrency exchange, has once again demonstrated its commitment to transparency and accountability by releasing its third consecutive quarterly Proof of Reserves (PoR) report. This latest report, for October 2023, follows the release of their first PoR report in December 2022.
The PoR report provides a comprehensive overview of CoinDCX’s financial position, shedding light on various aspects of the exchange’s operations. It encompasses token and protocol distribution and asset valuation. Notably, CoinDCX’s portfolio comprises a range of cryptocurrencies, with Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Polygon (MATIC), and XRP (XRP) tokens currently standing out as the most valued assets.
As of the latest report, CoinDCX holds 1,100.12 BTC, with a current market value of $37,950,289. Additionally, they possess 14,156 ETH, valued at $25,591,641.
Beyond this financial update, CoinDCX has further enhanced its offerings with the introduction of the redesigned CoinDCX app. This app has been designed to cater to the diverse needs of Indian crypto investors and traders, aligning with the burgeoning interest in cryptocurrency within the country. CoinDCX unveiled this innovative app at Unfold 2023, a prominent visionary event in India.