Investment plan

CoinDCX Launches Crypto Investment Plan

Crypto exchange CoinDCX announced the launch of its Crypto Investment Plan (CIP) on Thursday. This would allow investors to invest a fixed amount in crypto at regular intervals.

The new program deployed by CoinDCX is designed to provide a disciplined approach to investing for users. CIP offers investment installments on a weekly basis where investors can invest a fixed amount each week.

Interestingly, small investments at fixed intervals provide investors with the benefits of rupee cost averaging, reducing the risks of market volatility over time and counteracting the volatile nature of any asset class. Clients benefit from compounded returns, allowing them to build their wealth over the long term.

Commenting on the rollout of the new feature, CoinDCX CEO and Co-Founder Sumit Gupta said, “Retail investors often find themselves at a crossroads as to what asset to invest in and at what price to invest. CoinDCX is actively working on product development with a clear goal of providing our customers with the most value when investing with us. CIP is one such product through which we help investors take the worry out of timing investments with the market, taking into account the dynamic nature of crypto and building trust by minimizing the risks associated with investing in crypto.

Recently, CoinDCX launched a blockchain literacy program in partnership with BITS Pilani. The crypto exchange has launched several initiatives to bring crypto and Web3 to the mainstream.