🚀 CoinDCX Unveils Crypto Investors Protection Fund! 🚀

Hold onto your crypto wallets, folks! CoinDCX, one of India's top crypto exchanges, just launched the Crypto Investors Protection Fund (CIPF) to beef up security in the Indian crypto market. 💪

- CIPF aims to cover user losses from rare security breaches or adverse events.

- Initial fund: 50 crore rupees (~$595,800).

- CoinDCX will annually contribute 2% of its brokerage income to CIPF.

Sumit Gupta, co-founder, assures top-notch security with multi-layered strategies like MPC, 2FA, and advanced encryption.

What do you think? Will this set a new standard in crypto security? Drop your thoughts below! ⬇️