CoinDCX Lists ORBS!

Ran Hammer
Ran Hammer

|

a month ago

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ORBS has been listed on CoinDCX, India's biggest cryptocurrency exchange in terms of trading volume. This listing includes two trading pairs of Orbs, including one with the Indian Rupee (INR), specifically the ORBS/INR pair.

ORBS trading is now live on both CoinDCX App and Web:

This addition to CoinDCX comes after Orbs' active involvement and sponsorship at the ETH India event in Bangalore last December. This listing follows other major listings for the ORBS project at high-tier spot and derivatives exchanges including Binance, Bybit, and OKX, among others.

The listing is part of Orbs' increasing connection to the crypto community in India. There is significant potential and alignment in building a community in India to complement the existing local Orbs communities in Korea, Japan, and various English-speaking regions.

Due to the regulatory climate in India, CoinDCX is seen as a stable, compliant player that is now capturing the majority of the Indian crypto market. Some exciting metrics to make note of include:

  • India is the second-largest crypto market globally in terms of transaction volume, with $269 billion recorded between July 2022 and June 2023.
  • An estimated 97.5 million people, or 7.1% of India's population, currently own cryptocurrency​.
  • India is home to over 900 cryptocurrency-related enterprises, constituting 11% of the global Web3 developer community as of 2022.

listings

In addition, this period also saw a surge in Orbs' development activities, including integrations with THENA and Lynex. Furthermore, Orbs recently invested in THENA, which is the second-largest decentralized exchange (DEX) on the BNB chain.

About CoinDCX

CoinDCX is a leading cryptocurrency exchange in India, known for its user-friendly platform and robust security measures. It offers a wide range of cryptocurrencies for trading and focuses on ensuring a safe and seamless trading experience. The platform adheres to strict compliance and regulatory standards, making it a trustworthy choice for traders.

Beyond trading, CoinDCX is committed to educating its users about cryptocurrency. It provides valuable resources, including articles, market insights, and learning modules, catering to both new and experienced traders. This approach positions CoinDCX as not just a trading platform, but also a knowledge hub in the crypto space.

About Orbs

Orbs is a "Layer-3" public blockchain infrastructure project powered by PoS, pioneering on-chain innovation since 2017.

Orbs is set up as a separate execution layer between L1/L2 solutions and the application layer, as part of a tiered blockchain stack, enhancing the capabilities of smart contracts and powering protocols such as dLIMIT, dTWAP, and Liquidity Hub.

The project's core team consists of more than thirty dedicated contributors spanning from Tel Aviv, London, New York, Tokyo, and Seoul.

For more information, please visit www.orbs.com, or join our community at: 

Telegram: https://t.me/OrbsNetwork 

Twitter: https://twitter.com/orbs_network

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