JazzyPanda
JazzyPanda

Never join or interview for CoinDCX

This shitty and scammy organization revoked my offer letter just one week before joining, so I decided to alert the community.

Everything seemed to be on track for my start date. Suddenly, one day out of nowhere I received a Google Meet invite from the Talent Acquisition Leader, who casually informed me that my offer had been revoked, providing no genuine explanation or concern.

After pressing for answers, I was given a vague and nonsensical reason: a "management mistake in deciding hiring needs." But when I spoke to my internal contacts after a few weeks, I discovered this was all a ploy to cut costs.

My overall experience with the hiring team was very disappointing and unprofessional. It was evident they were trying to fill positions quickly without any real thought about long-term vision or goals. I would advise using their offer only for negotiating outside. Half the folks inside the company are actively looking outside.

6mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
ZippyMochi
ZippyMochi

Crypto exchanges were never meant to be so big. Goes against ethos of crypto. Fundamentally at odds.

Exchanges outside India have evolved but dcx is stagnating for a while now.

DancingRaccoon
DancingRaccoon

If I open their app they're promoting meme coins and "Web 3.0" shit. Its clear they don't know where to go. The only coins worth investing are bitcoin and ethereum anyway

SillyPenguin
SillyPenguin

What is this cheap behaviour CoinDCX team?

@NewsAnchor maybe this would be a good article for you to cover?

SillySushi
SillySushi

Always hold multiple offers in hand before making a move. Never maintain expectation for companies. If companies can exploit candidates, then candidates should also behave in same way.

GigglyBurrito
GigglyBurrito

How is coinbase? Is it good company to join in India?

SillySushi
SillySushi

Nice company, its a remote first.

DancingNoodle
DancingNoodle

30Lpa base

SillyPanda
SillyPanda
IBM6mo

I also had a bad experience interviewing with them a couple of months ago. They ghosted me after 2 rounds and never got back to me.

JumpyBoba
JumpyBoba

I’ve worked with CoinDCX in the past, manage r. And founders have no vision. You haven’t missed out on anything. Don’t worry. You’ll find something better

DancingCoconut
DancingCoconut

This is really sad and unprofessional, I hope you join the organisation best for you where you grow 10x. These recruiters sometimes act very unprofessionally.
On a similar note I had an interview scheduled with Deutsche bank last week, I confirmed many time with the recruiter about the link and that it is happening, at the time of interview nobody showed up. And when I asked her she said let me check, called me back and said the team is not responding to me. Are they really this unprofessional to that panelists did not show up? Recruiter did not check with them and so much more. I was really disappointed and had high hopes .

SillyMochi
SillyMochi

David ko Suleman culture

PeppyRaccoon
PeppyRaccoon

Interviewed with them 2 months back, got ghosted after the first round. I guess I was lucky to doge the bullet

ZoomyNoodle
ZoomyNoodle

I'm sorry to hear that. However, the positive aspect is that the incident kept you from joining a troubled organization. The culture has significantly declined over the last two years. Only those in top positions are benefiting from perks and high salaries, and there's no interest in hiring new staff to cut costs. In my team, we've lost 2 SDE3s and 3 SDE2s recently, and we’ve only brought on 1 new SDE2 with the same goals and deliverables. There's a lack of real hiring activity; they're just posting jobs to reassure current employees that they're looking for replacements. It seems they're sabotaging senior engineers to bring in cheaper ones.

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Misc17mo
by JumpyKoalaData engineer

One of the worst interview experience with CoinDCX

So I applied on Coindcx website for an open role about a week ago.

Their HR “manager” called me after CV review and asked general questions like past role, why looking for a change etc. Then came the CTC part. He said my expected CTC ...

Top comment
user

I had a similar experience with them a couple of years ago except it was a panel interview with 3 interviewers. ...

Layoffs
by PrancingWaffleExecutive Search

Layoffs at CoinDCX

Are you impacted?

Top comments
user

I got the offer from the CoinDCX a few months ago they heavily lowballed me and culture didn't look good as well. So ...

user

CEO emailed in the morning, telling employees they are short on cash and hence they have to layoff folks, guessing ma...

user

Crypto puura Farzi scheme hai, ekdin saare dubenge. Even Coinbase, Binance had to layoff and are struggling with mult...