Announcing Coindelta Flux — A peer to peer exchange platform

Flux is now live at :- https://flux.coindelta.com

Over the last couple of months, our team has been working hard to make Coindelta the most preferred digital assets exchange of India. The total cryptocurrencies available for trading increased from 12 to 33. We organised five competitions in 5 different markets where we saw outstanding participation from the community. Our deposits and withdrawals were smooth for all the currencies. Yesterday, we also released our Android application with our iOS app releasing in a couple of days. We are on the right path to becoming the most trusted digital assets exchange in India.

INR deposits and withdrawals are currently active and working fine. We will inform you in advance in case of any interruption in the banking service.

As we all know, today at a hearing in the apex court, the court refuses to grant any temporary stay on the ban order. The next hearing is on July 20, and we are expecting a positive response in the interest of the community as well as the exchanges.

Bitcoin was created as digital money which can be transferred from one account to another without the need of an approver. In the last four years, we have seen tremendous development in this space. From platforms such as ethereum where you can execute code on a decentralized network to the IPFS which allow you to store your data on a distributed network. These developments and the adoption all over the world has proved that Blockchain is indeed a breakthrough technology to revolutionalize not only the banking system but the whole internet. We believe that cryptocurrencies are going to be a critical part of this new internet.

Announcing Coindelta Flux

So today, apart from challenging the ban in the court and believing that regulations will come soon, Coindelta announces Flux, a peer-to-peer network of traders and investors allowing the exchange of digital assets in the best possible experience. Flux will enable you to trade the same digital assets that you used to buy and sell on our flagship product, Coindelta. The main features of Flux will be:

1. All your favourite payment methods such as NEFT, IMPS, e-wallets, UPI
2. Buyers will be able to send money directly to Sellers
3. Flux will provide digital wallets to store your assets safely
4. In the beginning, you will be able to trade BTC, ETH, XRP, and USDT
5. A faster dispute system powered by technology
6. A robust feedback and rating system to avoid bad actors

Going forward, our mission remains the same — to bring India closer to Blockchain. With Flux, we will continue to provide you with exchange services allowing you to trade cryptocurrencies. Our team has been working tirelessly on building Flux for the last one month. We are now in the final stage of the development and ready to roll out the product before the fortnight.

Flux will be integrated with Coindelta exchange platform seamlessly.

We always believe in providing beautiful user experience, and robust security — something that made Coindelta a great product in the first place. User experience will still be a core part of Flux, but this time, we will focus more on the liquidity to make your trading experience as smooth as it is on Coindelta Exchange.

Cypto to Crypto Exchange

With Flux, you can easily exchange your digit assets with INR. Flux platform will be integrated with our existing exchange platform seamlessly. We will be introducing Crypto-USDT markets to allow you to trade other tokens on the current platform. In the next few weeks, you will see many updates on Coindelta including, but not limited to, new features, iOS app, instant buy and sell, new cryptocurrencies, all to make your trading experience smooth and lovely.

Update on INR deposits and withdrawals

Currently, we are operational and will notify you in advance for any banking disruption, if any.

Since founding, Coindelta has always taken steps in order to protect users. In case, we receive a closure notice; we will notify you all and initiate the withdrawals to your bank accounts automatically. We can assure none of your funds will be locked and we will do everything to return all your funds. We believe it will be a wise move to return the funds in such case instead of holding them back. Please note that this will only be the course of action in case we receive a closure notice.

You can always use our wallet service to store your digital assets.

Coindelta has always been the most trusted exchange with our fantastic support and quick response to your queries. We will continue to remain the same throughout our journey. We believe the future is decentralised and we are on the right path to achieve our vision.

Are you ready for the next wave of cryptocurrencies exchange in India? Stay tuned with us.

Always there for you,
Team Coindelta