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Koinex Enables Withdrawals, with Conditions

In a surprising delight, Koinex announced they will enable Deposits and Withdrawals today. They are not instant yet as we had hoped for.

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.


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