INR deposits and withdrawals status

Current Status of INR Deposits and Withdrawals Across Exchanges

In light of the RBI regulations, many exchanges are shutting down their INR Deposits and Withdrawal services while some have assured the service will remain operational.

The INR service on these exchanges can abruptly be disabled. Be vigilant. 

The below table will be updated regularly for the current status of INR across exchanges. If we have missed out on an update, do hit us up on Twitter DM

The Status of INR and its Alternatives on Indian Exchanges

Exchange INR Deposits INR Withdrawals
Giottus Live Live
Oxybit Live Live
Unocoin Live Live
KoinOK Disabled Live until 11:59 PM, July 24
PocketBits Live until 10:00 PM, July 27 Live
BitBns Disabled Live
Coindelta Disabled Live until 5:00 PM, July 25
Koinex P2P launched P2P launched
Pexo USD Market with Perfect Money USD Market with Perfect Money
WazirX P2P launched P2P launched
Zecoex P2P launched P2P launched
BuyUcoin Disabled Disabled
Coinome Disabled Disabled
Zebpay Disabled Disabled

Last Updated – July 20, 2018 04:30 PM

  1. Pexo Exchange has launched USD markets. You can deposit Perfect Money (PM), an e-currency equal to USD, that can be purchased from online and offline currency exchanges with INR.
  2. WazirX P2P exchange allows you to buy and sell USDT
  3. Zecoex P2P allows you to buy and sell multiple cryptocurrencies, including ZINR – a native coin with value equal to INR fiat.
  4. Koinex P2P exchange Loop allows you to buy and sell BTC, ETH and XRP

Approximate Time Taken By Exchanges

Exchange INR Deposit Time INR Withdrawal Time
BitBns N/A One Working Day
Coindelta N/A One Working Day
Giottus 30 Min 30 Min
KoinOK N/A One Hour
Oxybit 24 Hours One Working Day
Pocketbits One Hour One Working Day
Unocoin 24 Hours 1-2 Working Days

Note: The time estimates are based on exchange websites or communication with the team.

  1. Pocketbits processes withdrawals of over Rs. 50000 in 3 days
  2. Bitbns processes withdrawals in four hours in banking hours
  3. Coindelta Processes withdrawals in few hours during banking hours

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