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Local => Marketplace (India) => Topic started by: Ambucrypto369 on July 01, 2019, 06:17:58 PM



Title: Koinex shutdown
Post by: Ambucrypto369 on July 01, 2019, 06:17:58 PM
why koinex exchange shutdown in india ...Is there is any strong reason behind that


Title: Re: Koinex shutdown
Post by: newIndia on July 01, 2019, 06:52:33 PM
why koinex exchange shutdown in india ...Is there is any strong reason behind that
https://medium.com/koinex-crunch/koinex-shutdown-announcement-termination-of-exchange-services-bea4a472ea79


Title: Re: Koinex shutdown
Post by: Ambucrypto369 on July 02, 2019, 02:16:40 PM
why koinex exchange shutdown in india ...Is there is any strong reason behind that
https://medium.com/koinex-crunch/koinex-shutdown-announcement-termination-of-exchange-services-bea4a472ea79
Indian exchanges closing there service one by one... which creates panic to people invested in crypto


Title: Re: Koinex shutdown
Post by: iamsheikhadil on August 28, 2019, 06:45:09 PM
It mainly boils to the fact that those exchanges can't use banks for crypto related stuffs. So their banks forced them to close the businesses. That's why some exchanges are following peer to peer deposit and withdrawal system like BitBNS. But it's only a matter of time though before the government puts more pressure and these remaining exchanges may also close!