Koinex, India’s leading cryptocurrency exchange started something that put them light years ahead of the incumbents. That was the lightning fast INR deposits and withdrawals at the time when players like Zebpay, Coinsecure and Unocoin were taking 1-2 days for the deposits.
Zebpay and Coindelta soon hitched the ride and began the Instant Deposits and Withdrawal services as well. The ride to the Cryptoworld got smoother. For a few days.
Everything was working fine, until one day it all came crashing down. Notices went to users, many exchanges stopped instant deposits and withdrawals overnight. The banks arm-twisted the exchanges to stop catering to crypto businesses.
All hell broke lose when the exchanges Koinex and Coindelta straight up stopped deposits and withdrawals all-together. I still have over 300 unread messages asking me “When will the deposits and withdrawals start?”.
source :https://www.finallyjobless.com/koinex-inr-instant-when-will-they-start/
Good post
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Koinex founders are IIT and Bits Pilani passouts as I here.
Coindelta founders also rumored as IITians. Is that true ?
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