CoinDCX has introduced an integrated decentralized custody feature for its platform, enabling its large user base to retain ownership of their crypto assets in personal wallets.
With this new feature, users can transfer their assets from CoinDCX's custody to a decentralized wallet that they control, ensuring that the assets are stored directly on the blockchain.
Sumit Gupta, Co-Founder of CoinDCX, highlighted that users will have complete control over the private keys of their wallets, which will be safeguarded through email authentication. This setup guarantees that no transactions can take place without the explicit consent of the user.