CoinDCX is a fairly new entrant amongst the list of cryptocurrency exchanges in India and on August 15th they have launched a new service called DCXinsta to enable anyone interested in purchasing cryptocurrencies from India in under 60 seconds.
Peer to Peer crypto purchase in 60 seconds!
You can purchase cryptocurrency from another user using UPI or IMPS as the money gets transferred directly to the crypto-seller when you make a purchase and you get the crypto in your wallet on CoinDCX.
UPI and IMPS based transfers makes it possible to purchase cryptocurrencies at lightning speed on the DCXinsta platform!
CoinDCX currently offers 40 different crypto trading pairs for BTC and ETH on their platform.
You can also purchase upto 50,000 INR without KYC. However, Maximum amount per trade is currently limited to 20,000 INR with a limit of 10 transactions per day.
Soon they will enable selling cryptos via this method as well but at press time it isn't possible just yet. Nevertheless they are now the 7th such cryptocurrency peer to peer exchange in India.
I'm currently hodling my tokens however, I'm very interested in testing their system once they enable sell trades. However, these guys are well known and a reliable service provider in the Indian market.
You can head over https://coindcx.com/ and click on DCXinsta to get you started.
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