CoinDCX Users Flock to Alternatives Due to High Fees

CoinDCX is one of India's largest cryptocurrency exchanges. However, its user base may prefer alternatives such as Binance, MEXC, and Bitget due to restricted crypto withdrawals and relatively high trading fees.

The CoinDCX referral program offers a welcome bonus of up to ₹50,000 for new users who invite friends using their unique invitation code. The normal referral program provides a one-time reward for each friend who completes their KYC and makes a first deposit.

CoinDCX also has an affiliate program that allows influencers and website owners to earn up to 50% of their referrals' trading fees across both spot and futures markets. This program is separate from the basic referral setup and requires a large enough audience for approval.