Koinex is a cryptocurrency exchange that allows for the trading of various cryptocurrencies on a standalone web platform through a P2P trading model. Primarily targeting high-frequency digital currency investors, Koinex boasts a tiered fee structure.
The trio behind Koinex includes Rahul Raj and Rakesh Yadav from the Indian Institute of Technology, and Adity Nayak from the Birla Institute of Technology. This exchange operates on a standalone web platform, facilitating the trading of numerous cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin, through a P2P trading model.
Koinex caters specifically to high-frequency digital currency investors and offers a competitive tiered fee structure. Furthermore, the platforms digital infrastructure has achieved A-grade security certification, enabling seamless trading. It also leverages an automated payment system for instant deposits and withdrawals.
As the only Indian exchange to have introduced multi-currency trading, Koinex currently allows the trading of BTC, XRP, LTC, and ETH against the Indian Rupee. This feature, surpassing the limited Bitcoin Cash to Indian Rupee trading, positions Koinex as Indias first multi-currency trading platform. Moreover, Koinex offers "near-real-time deposits" for user INR wallets.