CoinDCX has launched CoinDCX Prime, a new service tailored for high-net-worth individuals, family offices and institutional investors.
CoinDCX, the most prominent cryptocurrency exchange in India, has recently introduced a new product by the name of CoinDCX Prime, which has caused quite a stir.
Specifically designed for high-net-worth individuals (HNIs), family offices, and institutional investors, this new service aims to achieve an ambitious $100 million in assets under management (AUM) by 2025, according to their statement.
This recent announcement comes at a time when the cryptocurrency exchange has observed a considerable increase in the number of high-net-worth individuals and institutional investors interested in the cryptocurrency landscape in India.
CoinDCX Aiming High With HNI Services
We have developed CoinDCX Prime as a specific solution to meet the needs of wealthy investors. This product guarantees individualized investment solutions and professional account managers to ensure a completely smooth experience, which is particularly noteworthy.
Additionally, the service layer of CoinDCX Prime combines with pre-existing benefits such as commission reductions on trading fees and support for over-the-counter desks. In addition to that, the platform also integrates yield generation tactics through its Advanced Earn product.
Having said that, the cryptocurrency exchange’s new project targets investors with a minimum investment amount of fifty lakhs of Indian rupees.
When it comes to trading expenses, Prime members enjoy the lowest possible rates, and they are not subject to any additional fees for asset custody or holding profits.
Particularly noteworthy is the fact that this technique stands in contrast to conventional advising networks, which frequently impose additional charges.
Rising Demand Amid Regulatory Compliance
Minal Thukral, the Head of Strategy and Growth at the exchange, underscored the confidence that CoinDCX has established among high-net-worth individuals and institutional investors.
Minal Thukral provided the following statement in the press release: “Over 1.5 crore Indian investors trust CoinDCX for their cryptocurrency journey.” We are pleased to see that high-net-worth individuals share the same level of trust and curiosity.
The fact that he emphasized the onboarding of over one hundred institutional investors, over two thousand five hundred high-net-worth individuals, and over twenty-five family offices demonstrated a significant demand for specialized services.
The crypto exchange has praised regulatory compliance in India for its significant contribution to the increase of high-net-worth individuals (HNIs) participating in the cryptocurrency industry in India.
CoinDCX Prime’s introduction is a noteworthy event that represents a significant stride in the development of the cryptocurrency environment in India.