Bain-Backed CoinDCX Spearheading Crypto Education Movement With Launch of DCX Learn

By AIT News Desk On Jun 16, 2020

The DCX Learn platform will provide learning material in the form of guides and articles, online courses, interactive lectures and free quizzes.

CoinDCX, India’s cryptocurrency exchange, has launched a new online platform and subsidiary, DCX Learn, a holistic resource for cryptocurrency and blockchain educational content. This is part of CoinDCX’s crypto adoption initiative, #TryCrypto, which aims to introduce 50 million Indian users to the cryptocurrency sector. Coming off the back of dedication of $1.3 million to its #TryCrypto initiative, CoinDCX plans for DCX Learn to play a vital role in leading the nationwide movement towards borderless financial services digital asset adoption.

On the launch of DCX Learn, Sumit Gupta, CEO and Co-founder of CoinDCX, said, “With the potential to accelerate financial inclusion in India, as well as opening gateways to new forms of investing, cryptocurrencies can benefit everyone. However, for Indians to take full advantage of crypto, we need to lay the groundwork through appropriate education. With DCX Learn, we want to arm users with the knowledge necessary to navigate crypto markets. As India’s largest exchange, we believe it is our duty to give people the tools needed to unlock the benefits of digital assets, and we are sure that DCX Learn will be vitally important in achieving our goal of onboarding 50 million Indian crypto users.”

The DCX Learn platform will provide learning material in the form of guides and articles, online courses, interactive lectures, and free quizzes, specifically tailored to all levels of crypto users, from novice to advanced market participants. Topics on the platform will include blockchain, cryptocurrency, trading, economics, and security. As India’s safest crypto exchange, CoinDCX has confirmed that crypto security will be a major focus on the platform providing information and knowledge for safe trading. The content available on DCX Learn will also be supported by collaborators from leading global industry thought leaders including CryptoKanoon, CoinCrunch, Inlox Network, Cashaa, and many more to be announced.

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Expressing support for the launch of DCX Learn, Kashif Raza, Co-founder of CryptoKanoon, said: “ At this stage of growth for the Indian crypto community, there is a need to provide potential users with better access to knowledge and toolsets to make their trading experience safe and productive. The launch of DCX Learn comes at a time when India is bullish on crypto—and with more resources and information available to Indian users, we are confident that the industry can achieve long term, sustainable growth.”

Shan Aggarwal, Head of Corporate Development at Coinbase said, “With most of the world currently in some form of lockdown due to the COVID-19 crisis, people are staying home and learning more about cryptocurrencies. This is a great time for an initiative and platform such as DCX Learn to provide valuable information on the benefits they can accrue with crypto, as well as how to engage in its use. We are looking forward to lending our support towards CoinDCX in providing crypto-related education.”

The launch of DCX Learn follows the recent news that CoinDCX has closed a successful Series A funding round, with $3 million in funding from Bain Capital and others, as well as a successful strategic investment of an additional $2.5 million from Coinbase Ventures and Polychain Capital.