Koinex shutdown

[Ambucrypto369]

why koinex exchange shutdown in india ...Is there is any strong reason behind that

[newIndia]

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

[Ambucrypto369]

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

[iamsheikhadil]

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!