"Our aim is to ensure next wave of crypto investors from any part of India can enter the ecosystem confidently and safely"

As India cements its position as one of the world's fastest-growing crypto markets, Sumit Gupta, Co-Founder of CoinDCX, has emerged as a leading architect of the country's Web3 future.

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An IIT Bombay alumnus and a founding member of the Bharat Web3 Association, Sumit spearheaded the creation of India's first crypto unicorn, guiding CoinDCX to become the nation's largest crypto exchange —commanding over 80% of India's trading volume and serving 1.9 crore+ investors. CoinDCX, the first Indian exchange to register with FIU-IND, and has taken proactive steps on TDS automation, Proof of Reserves, and ISO-certified user security—all while making crypto accessible to every Indian, from metros to rural heartlands.

In this exclusive interview, Sumit Gupta shares how CoinDCX is scaling trust through compliance and tech, harnessing educational initiatives for investors for inclusive growth, and building a regulatory-first infrastructure with an eye on driving 30% revenue from the MENA region by 2026.

CoinDCX commands 80% of India's trading volume. What tech or product decision do you think made the biggest impact on user trust and scale?

At CoinDCX, our north star has always been trust. From day one, we've focused on building a product that puts user security, transparency, and reliability first. We've built a scalable backend to handle high volatility and ensure uninterrupted access, earning the trust of over 1.9 crore users. Our multi-layered security—using MPC tech and 95% cold wallet storage with biometric protocols—offers the same protection expected by institutions.

Beyond performance, we've taken proactive steps on compliance and transparency - we were the first FIU-IND registered entity, and ISO 27001:2022 certified. We were among the first to automate 1% TDS deduction and offer seamless tax reporting through integrated tools. We also publish transparency report every month and regular Proof of Reserves (PoR) reports, which show that every user's assets are fully backed. It's our way of being fully transparent—so users always know their funds are safe and accounted for.