Pros
Cons
Quick Summary
| Headquarters Location | Chennai, Tamil Nadu, India |
|---|---|
| Fiat Currencies Supported | INR |
| Total Supported Cryptocurrencies | 62+ |
| 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 cryptocurrency exchange space, strives to revolutionize how traders engage with digital assets. Offering an easy-to-use platform, KoinBX attracts those eager to dive into the dynamic world of crypto trading.
KoinBX’s forward-thinking approach is shaping the future of crypto trading for a diverse audience. Carved out a niche within an ever-evolving industry, KoinBX stands to become an indispensable resource for those seeking more than merely transactional relationships with their exchange platform.
KoinBX continues to thrive, mirroring the expansion of cryptocurrency as a whole and catering to an ever-expanding community of digital asset enthusiasts.
About KoinBX
KoinBX stands as an outstanding example of innovation within the digital currency services sector. Established by Saravanan Pandian in India’s fastest-growing crypto exchanges market, it quickly established itself through providing seamless trading experiences to its trading community.
KoinBX was created to offer reliable cryptocurrency trading. Led by founder Saravanan Pandian’s vision, KoinBX has successfully achieved numerous milestones over its history; these include offering unique crypto services and creating an engaged trading community.
KoinBX’s journey has been defined by wider market forces, such as mainstream adoption of crypto tokens and foreign investment into India’s digital currency services sector, making KoinBX one of the 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 62 cryptocurrencies on their platform. This exchange currently supports 14 of the top 30 market cap cryptocurrencies.
Download full list of cryptocurrencies KoinBX supports
Trading Experience
KoinBX provides an accessible trading experience that is rich enough for experienced traders as well as novice traders alike. Boasting a user-friendly interface and extensive list of trading pairs, the platform makes for efficient asset management.
At KoinBX, trading is designed to meet the expectations of modern crypto traders. Beyond offering an assortment of trading pairs, our platform goes further into seamless asset management.
An intuitive trading platform with a responsive design that adapts to meet the demands of traders ensures that both novice and experienced investors can confidently navigate digital asset trading platforms with ease and confidence.
KoinBX Fees
KoinBX provides an inclusive fee structure designed to suit traders of varying volumes, without going into specifics about them. Their framework ensures trading fees remain reasonable – providing support both to high-volume traders as well as those just starting their crypto journey.
KoinBX carefully crafts its fee structure to strike an equitable balance between profitability and trader incentives, striking an affordable trading environment comparable with major countries which have pioneered low-cost trading environments.
Focusing on providing fee-free trading during certain trading windows – like Auspicious Zero-Fee Muhurat Trading – the platform displays its understanding of both cultural and financial nuances that influence trading frames.
| 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. The average across all other exchanges that we've reviewed is 0.000380 BTC. This means KoinBX charges above the industry average by 57.82%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.
Security - Is KoinBX Safe?
At KoinBX, security is of utmost importance. The exchange employs cutting-edge security protocols – from cold storage solutions for safeguarding digital assets to rigorous code scrutiny – in order to provide a fortified trading platform and protect user accounts.
KoinBX stands out in digital finance’s high-risk environment by taking an aggressive stance toward security breaches. Their multilayered security approach extends far beyond cold storage solutions to include rigorous code review and cutting-edge security protocols that keep it several steps ahead of malicious activities.
KoinBX places great importance on providing users with peace of mind that their digital assets are safe in a protected trading environment.
KoinBX Customer Support
Customers of KoinBX can expect responsive and helpful support staff. The exchange ensures contact channels are accessible, offering timely assistance and finding effective solutions to user inquiries.
KoinBX customer support stands as a mark of reliability. The company takes great pride in finding effective solutions to user inquiries and understanding that quality customer service often plays a pivotal role when traders select an exchange platform.
KoinBX ensures its users can easily connect with its support team, reinforcing its reputation as a genuine company committed to its customers.
KoinBX Support Channels
How to Sign Up on KoinBX
- 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.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
KoinBX Alternatives
Binance
Total Supported Cryptocurrencies
391+
Trading Fees
0.10%
Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 75 others
Kraken
Total Supported Cryptocurrencies
282+
Trading Fees
0.08% - 0.40%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other
OKX
Total Supported Cryptocurrencies
333+
Trading Fees
-0.005% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Final Thoughts
KoinBX has made significant strides toward creating an efficient and user-centric trading environment. Their services cater to an extensive variety of crypto traders for an enjoyable 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 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.
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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.
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