Koinex Multi Crypto Exchange is Best for India

To be very frank with you, I must say that Koinex stands apart among Indian Crypto Exchanges. Koinex Exchange not only gives starters and experts a good trading experience but also provides ease of INR (Indian Rupee) transfer from and to their bank accounts.

Personally I came across the Koinex Exchange in very needy times. Actually, I had invested in Plex Coin in August 2017. In November when I sold my Plex Coins on Cryptopia Exchange in BTC, I was in need of hard cash at that time. It was a small amount and I was confused what to do. As we know that Cryptopia Exchange is New Zealand based and they will not transfer amount to my Indian Bank Account (As per my Knowledge). So, I converted my BTC to ETH and then transferred those ETH to Koinex Exchange of India. And from Koinex Exchange it was easy to transfer to my personal Bank account.

Today, I will discuss about Koinex Exchange with you. it’s becoming very popular among crypto traders and Alt Coin holders.

Even after this blog if you find it difficult to operate on this platform, do seek help at our social channel of Altdecrypt: telegram and Whatsapp groups. 

First of all we will see what Koinex Exchange says about itself socially.

About Koinex :
Koinex is India’s most advanced digital assets exchange. It’s the first complete exchange supporting multiple cryptocurrencies/ tokens on a single platform. Built entirely from scratch, Koinex is aimed at bringing the magic of blockchain technology to India. Bitcoin – the world’s first cryptocurrency – was introduced in 2009 and since then over 1000 tradable tokens have come into existence. However, for a long time India missed out on the tremendous opportunity that the rest of the world had been enjoying. And Koinex has been built to to bridge that gap.
Koinex has been built over cutting edge technology. Proprietary trading engine, wallet and platform architectures, grade A security, user-centric UI/UX, and tons of user-demanded features are some of the things which define Koinex. It’s being carved to perfection, one day at a time, all with your constant love and support.
About Team :
The team behind Koinex are people just like you. We are a bunch of technologists and product designers who share the same love and passion for blockchain technology and cryptocurrencies as you. We have been traders ourselves, and we are working to solve the pain known to all of us, one step at a time. It is our vision to make India a hotbed of blockchain technology development and adoption. We assure you that the coming future is going to be delightful and full of surprises, as we strive to improve Koinex, build more trading tools, develop more blockchain products, and create a holistic cryptocurrency trading ecosystem.

 

Click Here To Join Koinex Exchange Now 

Registration Process

Registration is quiet simple. With fewer details and email verification you can register. Mobile verification is done by OTP and it has SMS or 2FA authentication system. It depends on you how you feel comfortable and at ease with them.

Koinex Exchange has video tutorials available on their website for registration purpose. You can see and if you have any doubts you can ask us also, in our social groups.

Account Verification

As, Koinex Exchange is Indian and obviously they will verify you with PAN Card, Aadhaar Card or any other government ID. You just have to scan and submit your documents. That is all you have to do. You will be notified once verification is over. And then you can buy or sell Bitcoin and Alt coins here.

Security Measures

See friends, many a times I might have told you that security features works only when you are in control of them. SMS authentication or 2FA google authentication is very safe unless and untill you share your mobile or barcode with someone else. And that possibly you won’t do.

AltCoins Availability

As of now I can see only 4 Alt Coins available at Koinex Exchange. Apart from BTC they have ETH, BCH, XRP and LTC. May be in coming times, they will add atleast 10 more AltCoins.

We dont have much option of Indian Exchange with Altcoins and that too a good exchange. So Koinex Exchange provide you a change to invest or trade in these Altcoins.

Transaction Fees

If you are going to compare Koinex Exchange fees structure with International Exchanges, then better avoid it. It might come to your mind that you should buy, sell or trade in crypto in other exchanges, but, let me remind you that Koinex is the medium through which you can have real cash in your bank accounts.

And fees is quiet nominal. Also, they are running some promotional offer I think, under which no selling fees till 31st December 2017. Kindly check with them for further details.

Support System

Support system is quiet slow. Some particular timings they have. 10 Am till 8 Pm you can raise ticket for solution of your problem or queries. We miss a good calling or chat experience here.

Bounty and Bonus

Not that fruitful reward system they have but time to time, they have discounts on buying and selling transaction fees.

Mobile App

I did not came across and such link from where I can download mobile (Android or iOS) app. If you know, do let me know about that also.

Ease of D / W

Unless and untill there is some technical glitch or maintenance going on, you will see that deposits and withdrawals are fast here. And deposit of INR Fiat is time based.

Taking INR back to your bank accounts need T+1 Settlement date.

Social Presence

Socially they are not very social and that is my personal view. They are there on Facebook, Medium, LinkedIn and Twitter. And how active they are there, you can find out yourself.

*** Overall repost says that Koinex Exchange is best Indian Crypto Exchange with good coin options and price.

Disclaimer: We are not responsible for anything related to KOINEX Exchange and your interpretation of this article.

Koinex Exchange

Koinex Exchange
7.7

Registration Process

10.0 /10

Account Verification

10.0 /10

Security Measures

10.0 /10

AltCoins Availability

5.0 /10

Transaction Fees

6.5 /10

Support System

8.0 /10

Bounty and Bonus

6.0 /10

Mobile App

4.0 /10

Ease of D / W

10.0 /10

Social Presence

7.0 /10

Positive Points

  • Pure Indian Exchange
  • Easy Money Transfer
  • Netbanking Option Available
  • 5 Major Coins Available
  • Good Pricing
  • Fast Processing of Funds

Negative Points

  • 7 Days Verification
  • Less Social Presence
  • Missing Coins Like IOTA, BTG etc
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