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![wiseadvicesumit Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::519807680.png) Wise Advice [@wiseadvicesumit](/creator/twitter/wiseadvicesumit) on x 324.9K followers
Created: 2025-07-19 17:54:55 UTC

𝐓𝐇𝐄 𝐇𝐀𝐑𝐒𝐇 𝐑𝐄𝐀𝐋𝐈𝐓𝐘 𝐎𝐅 𝐈𝐍𝐃𝐈𝐀𝐍 𝐂𝐑𝐘𝐏𝐓𝐎 𝐄𝐗𝐂𝐇𝐀𝐍𝐆𝐄𝐒 👇

While international exchanges are known for their low fees, instant withdrawals, security, and accountability, Indian exchanges continue to struggle.

- Recently, @CoinDCX was compromised. While the team clarified it involved a liquidity wallet and user funds are safe, the incident is concerning for the community. 
- Similarly @WazirXIndia was hacked a year ago for $235M and victims still have not been refunded.

📉 Some areas where Indian exchanges are lagging behind:

- Weak security measures 
- Instant on-chain withdrawals
- Low liquidity
- High price spreads
- Frequent downtime

It’s time to address these issues because if we don’t, 🇮🇳 India risks falling behind and becoming a poor example for the global crypto community.

![](https://pbs.twimg.com/media/GwPRhgoWIAAwXFU.jpg)

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**Related Topics**
[coindcx](/topic/coindcx)
[exchanges](/topic/exchanges)

[Post Link](https://x.com/wiseadvicesumit/status/1946629840385487248)