Crypto Drama Unfolds: CoinDCX’s New Rules Will Leave You Shook! 😱

Well, well, well! If it isn’t CoinDCX, the Indian crypto exchange that’s decided to sprinkle some legal fairy dust on its Terms of Use, effective February 7, 2025. Because who doesn’t love a good dose of compliance with local laws? 🎉

So, here’s the scoop: any drama that unfolds while you’re busy trading your digital coins will now be settled right here in India. No more hopping on a plane to some foreign court—because who has the time? ✈️

And get this: before you start throwing around claims like confetti, you’ll have to negotiate like civilized adults. If you can’t sort it out in 10 working days, it’s off to binding arbitration in Mumbai! Because nothing says “fun” like a secret legal showdown. 🤫

CoinDCX is under the watchful eye of Neblio Technologies Private Limited, which sounds super official, right? They’ve got a fancy CIN number and are registered with the Financial Intelligence Unit (FIU) of India. So, you know, they’re legit. 📜

Oh, and don’t forget to consult your professional advisors before making any financial decisions! Because apparently, CoinDCX is not your financial therapist and won’t hold your hand through the losses. Thanks for the heads-up, CoinDCX! 🙄

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2025-02-07 21:40