In a surprising delight, Koinex announced they will enable Deposits and Withdrawals today. They are not instant yet as we had hoped for.
INR Transactions Update: Deposits & Withdrawals will be enabled today!
– INR 10 lakhs per transaction
– INR 1 crore per account per day
– All pending withdrawals have been credited back to Koinex wallets
Please read our complete blog: https://t.co/hbKPQOqrLv
— Koinex (@koinexindia) 8 January 2018
The Fine Print:
- Starts at 5:00 PM on 8th Jan, 2018
- There is no fee for Withdrawal
- Withdrawals will be enabled for 48 hours only
- It can take upto 3 Business days for the settlement in your bank account.
- Starts at 01:00 AM on 9th Jan, 2018
- Deposits will be via a payment gateway
- Payment gateway based Deposits will be charged a Flat 2% Fee.
Are you guys happy with the announcement? Let us know in the comments below.