Software Alternatives, Accelerators & Startups

CoinDCX VS Mudrex

Compare CoinDCX VS Mudrex and see what are their differences

CoinDCX logo CoinDCX

An exchange and global cryptocurrency aggregator

Mudrex logo Mudrex

Bringing Automated Crypto Investment Solutions To Everyone
  • CoinDCX Landing page
    Landing page //
    2023-04-12
  • Mudrex Landing page
    Landing page //
    2021-07-28

Mudrex brings smart investment solutions that generate consistent returns and is built for traders of all skill levels. Say goodbye to manual trading, and invest in automated crypto algorithms created by the best experts in crypto trading, only in a few clicks. Or, build your own automated trading bot using an advanced trading strategy builder. No coding knowledge required! Each algo bundle is a portfolio of multiple strategies and technical indicators created to work together. Use the platform for free and pay a minimal fee only when you invest in an algorithm. You can also invest in thematic crypto baskets that contain various crypto tokens based on an idea, aiming for long-term returns. Mudrex is extremely beginner-friendly and has over 35,000 active investors across the globe. Connect your favourite exchanges using API keys or use the Mudrex wallet for trading. Make the most of emotionless and data-driven trading, and generate consistent returns on autopilot, with Mudrex!

CoinDCX

Pricing URL
-
Platforms
-
Release Date
2017 January
Startup details
Country
India
State
Maharashtra
City
Mumbai
Founder(s)
Neeraj Khandelwal
Employees
10 - 19

Mudrex

Website
mudrex.com
Platforms
Google Chrome Web Browser Firefox Safari Cross Platform Internet Explorer
Release Date
-

CoinDCX features and specs

  • Wide Range of Cryptocurrencies
    CoinDCX offers a large selection of cryptocurrencies for trading, including major coins like Bitcoin and Ethereum, as well as many altcoins, providing users with ample choices to diversify their portfolio.
  • User-Friendly Interface
    The platform features a user-friendly interface that caters to both beginners and experienced traders, making it easy to navigate and conduct transactions efficiently.
  • High Liquidity
    CoinDCX provides high liquidity, which ensures that users can buy and sell assets with minimal price slippage, an essential feature for active traders.
  • Advanced Trading Features
    For more experienced traders, CoinDCX offers advanced trading features such as margin trading and futures, which can enhance trading strategies and potential profits.
  • Strong Security Measures
    CoinDCX employs robust security measures including two-factor authentication and cold storage for a significant portion of assets, aiming to protect user funds from potential breaches.

Possible disadvantages of CoinDCX

  • Limited Fiat Support
    While CoinDCX supports several cryptocurrencies, its support for fiat currencies is limited, which may require additional steps for users who want to withdraw funds directly to their bank accounts.
  • Complex for Beginners
    Although the interface is user-friendly, the range of advanced trading options can be overwhelming for beginners who are new to cryptocurrency trading.
  • KYC Requirements
    CoinDCX requires users to complete a Know Your Customer (KYC) process before they can start trading, which can be a time-consuming step for those looking to trade immediately.
  • Dependency on Third-Party Service Providers
    Some of CoinDCX's features rely on third-party service providers, which might pose a risk if these providers face disruptions or technical issues.
  • Regional Limitations
    CoinDCX may have restrictions or limitations based on user location, potentially preventing certain users from accessing all features and services.

Mudrex features and specs

  • User-Friendly Interface
    Mudrex offers an intuitive and easy-to-navigate interface that caters to both beginners and experienced traders alike.
  • Automated Trading
    It allows users to create and deploy automated trading strategies, which can operate 24/7 without manual intervention.
  • Backtesting and Paper Trading
    Users can backtest their strategies against historical data and use paper trading to test their strategies in real-time without risking actual money.
  • Marketplace for Strategies
    Mudrex features a marketplace where users can buy or sell automated trading strategies designed by other community members.
  • Regulated and Secure
    Mudrex is compliant with international regulations and employs robust security measures to protect user data and funds.

Possible disadvantages of Mudrex

  • Subscription Costs
    While Mudrex offers a free plan, many advanced features require a subscription, which can be pricey for some users.
  • Learning Curve
    Despite its user-friendly interface, there is still a learning curve associated with understanding and implementing automated trading strategies effectively.
  • Limited Assets
    Mudrex supports a variety of cryptocurrencies but offers limited support for traditional financial assets such as stocks, bonds, or commodities.
  • Market Risks
    Automated trading strategies are not without risk; market conditions can change quickly, potentially leading to significant losses.
  • Dependence on Third-Party APIs
    The platform relies on third-party exchanges and APIs for executing trades, which can sometimes lead to delays or issues beyond Mudrex's control.

CoinDCX videos

How to Invest in Cryptocurrency in India - bitcoin trading for beginners | CoinDCX Go app review

More videos:

  • Review - Best Cryptocurrency Exchange in India 2021 | Best Bitcoin App | Wazirx vs Coinswitch vs Coindcx
  • Review - Coindcx is cheating people | Coindcx fraud
  • Review - Mudrex vs CoinDCX (2024) | Which One is Better?
  • Review - CoinDCX Review | Is it Safe and Secure to use the Crypto Exchange Platform in India? [2022]
  • Review - How much bitcoin Coindcx CEO has?? #shorts #btc #trading

Mudrex videos

#Mudrex Algo Trading | Create your own strategy | Earn Passive Income | 25$ Upon Sign Up

More videos:

  • Review - #Mudrex | One month Update | Ovr Returns 9% | Future Backtests
  • Review - Profit UPDATE MUDREX Invest Automated Crypto Trading Bot Passive Income Ethereum ETH Binance Results

Category Popularity

0-100% (relative to CoinDCX and Mudrex)
Crypto
31 31%
69% 69
Cryptocurrencies
22 22%
78% 78
Fintech
40 40%
60% 60
Android
100 100%
0% 0

User comments

Share your experience with using CoinDCX and Mudrex. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinDCX and Mudrex

CoinDCX Reviews

We have no reviews of CoinDCX yet.
Be the first one to post

Mudrex Reviews

Introducing 4 Profitable Trading Bot
Another cryptocurrency trading robot for easy strategy startup is Mudrex robot. Mudrex helps users identify profitable and profitable investments.
Source: medium.com

Social recommendations and mentions

Based on our record, CoinDCX should be more popular than Mudrex. It has been mentiond 11 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinDCX mentions (11)

  • CoinDCX interview process: How we hire
    Now, here's the real scoop: At CoinDCX, we're on the lookout for frontend developers who are more than just coding machines. - Source: dev.to / 10 months ago
  • CFP: Listing DeFiChain (DFI) on CoinDCX
    CoinDCX is India’s largest exchange and wishes to use this CFP to list $DFI on our exchange. CoinDCX currently dominates about 45-50% of the total Indian (INR) crypto markets making it the dominant player in the Indian crypto ecosystem. We will list both INR and USDT pairs. Source: about 1 year ago
  • Is the crypto market oversaturated with currencies?
    Oversaturation will continue to plague the market, at least for a while, until decentralized finance gains widespread adoption. It is up to the investors to perform DYOR or their due diligence before committing to a token. Source: almost 2 years ago
  • Did you know
    The iconic Doge meme non-fungible token (NFT), which was sold for a massive $4 million back in June, made history by becoming the most expensive meme NFT ever sold. Source: about 2 years ago
  • Indian Crypto Excange CoinDCX Extends Withdrawal Restrictions to Meet Compliance Requirements
    CoinDCX raised $135 million in funding in April at a valuation of $2.15 billion led by Steadview and Pantera. Source: over 2 years ago
View more

Mudrex mentions (2)

  • Navigating the Crypto Bear Market: Tips and Strategies for Generating Returns
    Luckily, I recently came across an article on mudrex.com that provides some helpful tips and strategies for generating returns in a crypto bear market. I highly recommend checking it out: How To Generate Returns In A Crypto Bear Market. Source: over 1 year ago
  • Why You Shouldn’t Use a No-Code Trading Platform - 3 Reasons
    If you’re an investor or a trader who looks purely at technical indicators or want to automate your portfolio rebalancing and buy and hold strategies, no-code platforms might be super great for you as you’ll be able to easily iterate and improve upon your algorithms without knowing how to program. If you’re looking at a single source of data via price, then no-code is right up your alleyway since many platforms... - Source: dev.to / almost 3 years ago

What are some alternatives?

When comparing CoinDCX and Mudrex, you can also consider the following products

Nash - The easiest way for any business to offer same-day delivery

Coinrule - Coinrule empowers traders to compete with professional algorithmic traders and hedge funds.

PowerTrade - Trade BTC & other crypto options on the go, now on iOS

3commas - 3commas.io provides tools for cryptocurrency traders and investors.

Coinbase - Bitcoin, safe and easy.

Cryptohopper - Cryptohopper is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use, powerful and extremely safe. Trade your cryptocurrency now with Cryptohopper, the automated crypto trading bot.