Does CoinDCX charge for bank withdrawal?

At our platform, we take pride in offering seamless and cost-effective transactions for our users. One such aspect is our policy regarding Indian Rupee (INR) withdrawals. We do not levy any fee for withdrawing INR from your account, ensuring a hassle-free experience.

As a leading cryptocurrency exchange, we understand the importance of transparency and fair practices. By not charging any fee for INR withdrawals and making KYC a mandatory requirement, we strive to provide a reliable and trustworthy platform for our users.

However, it is important to note that while we do not charge for INR withdrawals, there is a mandatory step that users must undertake to access this facility. For the safety and security of our platform, as well as to comply with regulatory requirements, KYC (Know Your Customer) verification is mandatory for all users.

KYC is a standard industry practice that involves verifying the identity of our users. This process helps us ensure that our platform is being used for legitimate purposes and prevents any fraudulent activities. It also allows us to protect our users' funds and maintain a secure trading environment.

To complete KYC, users need to provide certain personal information and documents, such as proof of identity and address. Once these documents are verified, users will be able to avail the INR deposit and withdrawal facilities without any hindrance.