OKEx Partners With Indian Cryptocurrency Exchange CoinDCX

CoinDCX one of the largest trading and liquidity aggregator platform announces its partnership with a leading global cryptocurrency exchange OKEx.

OKEx cryptocurrency exchange is headquartered in Malta which provides digital assets trading services like fiat-to-token, token-to-token, futures, options, and derivatives trading to users globally.

CoinDCX announced the partnership with OKEx along with the launch of DCXfutures product. This has been launched due to the high demand for access to futures, options and higher leverage trading for the Indian market.

“DCXfutures will allow for up to 15x leverage trading on a host of leading digital assets futures, including BTC, ETH, XRP, BCH, LTC, EOS, ADA, and TRX. Users will also be able to trade perpetual future contracts with Bitcoin and Ethereum perpetual futures.” Presently DCXfutures is only accessible via an invite.

Sumit Gupta, CoinDCX CEO and Co-founder said, “With the huge potential of cryptocurrency markets to accelerate economic growth and wealth generation in India, we believe that this collaboration takes India one step closer to joining the ‘5 trillion dollar club’ as one of the fastest growing economies in the world, allowing us to avail of new opportunities and take on new challenges.”

Zac Zou, Head of OKEx India, said: “As one of the largest economies in the world, India is primed to be the driving force behind the mass adoption of cryptocurrencies, which is why we are keen on adding more equitable currencies to the ecosystem.