koinex.in , new exchange with few cryptos , any views?

[karan1498]

So as the title says , anyone heard of it?

[1713587100]

1713587100

[1713587100]

1713587100

[1713587100]

1713587100

[mohucool]

So as the title says , anyone heard of it?

Yes! it launched recently, let me try their services, I will post a review soon.

For all the exchange options, click here.

[glowing10]

I was not able to find the following information about the company on their site.

Who is the owner and their team?
Where is this company registered?
Why do they require 8 confirmation for sending btc to their wallet?

Do we have anybody from koinex on this forum who will be able to guide us?

[mohucool]

I was not able to find the following information about the company on their site.

Who is the owner and their team?
Where is this company registered?
Why do they require 8 confirmation for sending btc to their wallet?

Do we have anybody from koinex on this forum who will be able to guide us?

Koinex, C/o 91springboard,
B wing, 6th floor,
Ackruti Trade Centre,
MIDC, Andheri East,
Mumbai, Maharashtra,
400093

[denharsh]

I would love to know that why they are charging 100 INR for KYC. Seems like the company is taking baby steps & want to make money @ every level...

Any USP over ZebPay/CoinSecure?
Volume seems to be low @ this moment.

[mohucool]

I would love to know that why they are charging 100 INR for KYC. Seems like the company is taking baby steps & want to make money @ every level...

Any USP over ZebPay/CoinSecure?
Volume seems to be low @ this moment.

USP-1.realtime trading, price decided by buyer,seller and market, very  low spread
       2.chat function
       3.four crypto bitcoin,ethereum,ripple,litecoin available more will be addeed soon

[yyuvane]

I would love to know that why they are charging 100 INR for KYC. Seems like the company is taking baby steps & want to make money @ every level...

Any USP over ZebPay/CoinSecure?
Volume seems to be low @ this moment.

100INR

[KaranRaut]

Yup, I use it and its pretty elegant...

Wish there was a ETH market place however at the moment its only INR to ETH,BTC,XRP and LTC.

They have plans to include more coins..

Cons: I pay about 0.4% in fees for smalll transactions..

[blankz13]

its good the fees are a bit too high though and it currently doesnt support 2FA only those problems else very good site to sell bitcoins lowest difference as compared to zebpay and shitty unocoin!

[Rhshahindiana]

This is one thing which is very bad bout Indian system, they charge money for each and everything, since they are new, they must offer better service and gain customer trust, but instead, charging for kyc, and fees also high doesn't make them apart from other foreign exchanges which are very good to trade, even zebpay their buying and selling price has huge difference which is actually not in the international market.

[onrise]

This is one thing which is very bad bout Indian system, they charge money for each and everything, since they are new, they must offer better service and gain customer trust, but instead, charging for kyc, and fees also high doesn't make them apart from other foreign exchanges which are very good to trade, even zebpay their buying and selling price has huge difference which is actually not in the international market.

This is the exact cause that many new comers fail to understand that when there are already couple of known exchanges existing from years why will people shift to unknown exchanges which can turn out to be a scam as well unless those are reputed members of this community than it may be a different story.