Indian crypto platforms

Hey developers@WazirX, CoinDcx and others I have plenty of questions. Others please resonate with me if you have faced the same. The listing takes places so late as compared to ither international exchanges. This leads to a massive lag(for the lack of better word) in hopping onto listing gains train. Any particular reason? Now that the bull run is about to come back and botht he number of users and transactions are increasing, everyday exchanges keep going down. I mean it's not like you guys are new or something and it's getting really really annoying to say the last at this point. Please hire good developers (no, I'm not one of them and wouldn't like to work for an exchange either) Any suggestions from the Grapevine community for alternatives ?

JadeArgent

Independent Law Practice

6 months ago

The simple truth is - Indian crypto platforms are simply not doing well enough to be considered premium in the international market. Why would somebody want to get their coins listed on these exchanges? With respect to development, in my opinion, they're not investing enough funds in product development, because the gentry that's using their platforms is not sophisticated enough and I more sophisticated gentry prefers international exchanges or DEXs

AmusingSheep

Zomato

6 months ago

Makes sense tbh

AmusingSheep

Zomato

6 months ago

I reopened WazirX after 3 years and almost puked looking at the UX. Takes them half an hour to update PnL for a newly bought coin.

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Kamlesh

Stealth

6 months ago

There's not enough demand in India for new listings. Liquidity is less. Compliance cost is high. Not much point. Indian exchanges are only catering to Indian traders, intl ones are catering to everyone. That's the main difference. No Indian exchange ever bothered to go beyond India except delta exchange.

LostBody58

Crypto

6 months ago

Try giving okto app a chance

AgnosticServer

Stealth

6 months ago

Why don’t you give https://bitsave.club a chance? They are building Crypto Mutual funds, their Index product is licensed by Bloomberg too. Their core team is from Koinex (the OG of Indian Crypto Scenes if you are old enough to remember)

BlickCait

Stealth

6 months ago

As for why tokens are not available, when protocols launch their tokens, they work with exchanges as launch partners and Indian exchanges are never a priority partner because they don’t cater to the international audience. Native DEX and international exchanges are more important. It takes time to slowly rollout across different exchanges. Even when an Indian exchange reaches out to these protocols for partnerships, they’re simply not given the priority. Things like marketing support, existing user base also plays a huge role.