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CoinDCX Futures Traders Can Reduce Exposure but Not Add

CoinDCX said users’ assets were protected and deposits and withdrawals remained available. It did not set a date for ending the limits.

Updated 1 min read
A trader reviews a crypto position on a phone inside a Mumbai apartment. / TokenPost.ai (mono)
A trader reviews a crypto position on a phone inside a Mumbai apartment. / TokenPost.ai (mono)

CoinDCX’s futures limits leave traders able to cut existing exposure, while new positions and increases are off the table following an incident involving a global liquidity provider.

CoinDCX said users’ assets were protected and deposits and withdrawals remained available. CoinDCX left both the provider’s identity and the end date for the restrictions unstated.

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