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KoinBX Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
KoinBX logo
3.60
Crypto Head Rating
Visit KoinBX

The Bottom Line

KoinBX, as a centralized cryptocurrency exchange, delivers a comprehensive service that stands out in the crowded crypto exchange market. It balances the provision of advanced trading features with a dedication to user security and support.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Variety of cryptocurrencies available
  • User-friendly interface
  • Secure platform with multiple security features
  • Competitive trading fees
  • Responsive customer support

Cons

  • Limited global availability
  • No advanced trading features for professional traders
  • Relatively low liquidity compared to major exchanges
  • Fewer fiat currency options
  • Limited educational resources for new traders

Quick Summary

Headquarters Location Chennai, Tamil Nadu, India
Fiat Currencies Supported INR
Total Supported Cryptocurrencies 68+
Trading Fees 0% - 0.25%
Deposit Methods Bank Transfer, Cryptocurrency
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

KoinBX, an emerging name in the cryptocurrency exchange landscape, aims to redefine the way traders interact with digital assets. By offering an intuitive platform, KoinBX attracts those interested in diving into the dynamic world of crypto trading.

KoinBX homepage

KoinBX, with its forward-looking approach, is steadily shaping the future of crypto trading for a diverse audience. Crafting a niche in an industry that never sleeps, the platform is poised to become a mainstay for those who seek more than just a transactional relationship with their exchange.

It’s an exciting time as KoinBX continues to grow, mirroring the evolution of the cryptocurrency landscape itself, striving to cater to an ever-expanding community of digital asset enthusiasts.

About KoinBX

KoinBX stands as a testament to innovation within the digital currency services sector. Founded by Saravanan Pandian, it has quickly positioned itself among India’s fastest-growing crypto exchanges, distinguishing itself through its commitment to providing a seamless and inclusive trading community.

Since its inception, KoinBX has navigated through the volatile tides of the cryptocurrency market. The vision of founder Saravanan Pandian has steered the company through a series of milestones, including the integration of innovative crypto-related services and the building of a robust trading community.

KoinBX features

The exchange’s journey has been shaped by broader market trends, such as the mainstream adoption of crypto tokens and the influx of foreign companies into India’s digital currency services sector, solidifying KoinBX’s place among India’s fastest-growing crypto exchanges.

KoinBX has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, Telegram and YouTube.

KoinBX has a mobile app on both the Apple App Store and Google Play.

KoinBX Supported Cryptocurrencies

KoinBX supports trading on over 68 cryptocurrencies on their platform. This exchange currently supports 17 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Chainlink (LINK)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Toncoin (TON)
  • Shiba Inu (SHIB)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Bitcoin Cash (BCH)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Immutable (IMX)
  • UNUS SED LEO (LEO)
  • Cosmos (ATOM)
  • Bittensor (TAO)
  • Aptos (APT)
  • Filecoin (FIL)
  • Ethereum Classic (ETC)
  • Stacks (STX)
  • NEAR Protocol (NEAR)

View all cryptocurrencies KoinBX supports

  • 7EC
  • ADA
  • AGIX
  • ALGO
  • ALICE
  • AME
  • AMI
  • ANGEL
  • APE
  • ARB
  • ATOM
  • BCH
  • BDX
  • BGVT
  • BNB
  • BRISE
  • BTC
  • BTTC
  • C98
  • CNC
  • CNF
  • CONGRATS
  • CRO
  • DENT
  • DOGE
  • DOGECOIN
  • DOT
  • ELT
  • ETC
  • ETH
  • FLOKI
  • GARI
  • HBDC
  • ITC
  • LDO
  • LEVER
  • LINA
  • LINK
  • LPNT
  • LQTY
  • LTC
  • LUNC
  • MATIC
  • MMIT
  • MTG
  • NRK
  • PEPE
  • POX
  • REGENT
  • RXT
  • RYOSHI
  • SAITAMA
  • SFP
  • SHIB
  • SOL
  • TC
  • TLM
  • TRX
  • TXG
  • USDT
  • VRA
  • VRS
  • WIN
  • WLD
  • WOM
  • XNO
  • XRP
  • ZAX

Trading Experience

KoinBX offers a trading experience that is both accessible to newcomers and rich enough for experienced traders. With a focus on a hassle-free interface and a robust selection of trading pairs, users find the platform conducive to managing their assets effectively.

At KoinBX, trading is an experience tailored to meet the expectations of today’s crypto traders. The platform goes beyond offering a standard array of trading pairs and steps into the realm of seamless asset management.

An intuitive trading platform, bolstered by a responsive design that adapts to the demands of the hour by traders, ensures that both novice and experienced traders can navigate the digital asset realm confidently and with ease.

KoinBX exchange marketing

KoinBX Fees

KoinBX implements a competitive fee structure designed to accommodate traders of varying volumes. Without delving into specifics, the exchange’s framework ensures that trading fees are kept reasonable, supporting both high-volume traders and those just beginning their crypto trading journey.

The fee structure at KoinBX is meticulously calibrated to maintain a balance between profitability and trader incentive. The exchange opts for a competitive stance, aligning with major countries that have set precedents for low-cost trading.

With an emphasis on fostering a fee-free trading environment during specific trading windows, like the Auspicious Zero-Fee Muhurat Trading, the platform demonstrates an understanding of both the cultural and financial nuances that influence the frame of trading.

Type Fee
Deposit Fee (Bank Transfer) Not Listed
Trading Fee 0% - 0.25%
Withdrawal Fee (Bank Transfer) Not Listed

KoinBX supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0006 BTC compared to the industry average of 0.000075 BTC. So KoinBX has a fee that is above the industry average by 700.00%.

Security - Is KoinBX Safe?

Security is paramount at KoinBX. The exchange utilises state-of-the-art security protocols, including cold storage solutions for the safeguarding of digital assets and rigorous code scrutiny to maintain a fortified trading platform.

In the realm of digital finance, where the potential for security breaches looms large, KoinBX takes a proactive stance. The platform’s multilayered security approach, which extends beyond cold storage solutions and includes stringent code scrutiny and state-of-the-art security protocols, keeps it several steps ahead of nefarious activities.

KoinBX’s dedication to security is a cornerstone of its operation, aiming to provide users with peace of mind, knowing their digital assets are in a fortified trading environment.

KoinBX Customer Support

Customers of KoinBX can expect a responsive and helpful support team. The exchange ensures that contact channels are accessible, providing timely assistance and effective solutions to user inquiries.

The customer support at KoinBX is crafted to be a touchstone of reliability. The company prides itself on building effective solutions to user inquiries, understanding that the quality of customer service is often a deciding factor for traders when choosing an exchange.

With valid contact details readily available, KoinBX ensures that users can connect with the support team, reinforcing the exchange’s reputation as a genuine company committed to its customers.

KoinBX support

KoinBX Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on KoinBX

  1. Create Account - Visit the KoinBX website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay

KoinBX Alternatives

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Fiat Currencies Supported
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Total Supported Cryptocurrencies
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Fiat Currencies Supported
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Final Thoughts

Reflecting on KoinBX, it’s apparent that the exchange has taken significant strides towards creating an efficient and user-oriented trading environment. Its services cater to a broad spectrum of crypto traders, aiming to deliver a fulfilling trading experience.

KoinBX FAQs

The safety of using any cryptocurrency exchange, including KoinBX, depends on a variety of factors such as the security protocols they implement, the company’s reputation, and user reviews. KoinBX is a centralized cryptocurrency exchange which means that they oversee the trading, listing, and storage of various digital assets.

For traders looking to trade Bitcoin and other crypto tokens, it is important to consider the exchange’s measures to protect assets and personal information. This often includes cold storage for digital assets, code security, secure wallet services, and responsive customer service for any trading issues or concerns.

It’s advisable to look for reviews from experienced traders and check whether the exchange has been subject to any security breaches or other issues. Additionally, traders should verify the contact details provided by the exchange to ensure they have a valid contact method.

KoinBX User Reviews

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: