Coinbase has announced an investment in CoinDCX, a leading cryptocurrency exchange in India that focuses on futures trading with leverage and advanced analysis tools.
CoinDCX, which recently recovered from a $44 million security breach, prioritizes regulatory compliance and is registered with India's Financial Intelligence Unit.
The exchange offers INR-denominated crypto futures trading, aiming to provide accessible entry for users in the growing Indian market.
Coinbase's investment in CoinDCX supports the growth of the Indian crypto market.
Author's summary: Coinbase invests in CoinDCX, India's leading crypto exchange.