KoinBX Review 2026
Learn more about TU’s methodology
- 0.5 USDC
- Web platform
- Mobile Apps
- Single fee rate for all users
Our Evaluation of KoinBX
Learn more about TU’s methodology
KoinBX is a high-risk cryptocurrency exchange with the TU Overall Score of 2.81 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by KoinBX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
KoinBX is a reliable and user-friendly platform for trading a variety of cryptocurrencies, offering a transparent fee structure. The exchange specializes in spot trading and does not provide services for passive investors.
How we tested KoinBX
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at KoinBX
KoinBX is a centralized cryptocurrency exchange registered with the Financial Intelligence Unit (FIU) of India under number VA00048773. It serves over 1.5 million users, primarily focusing on residents of India, the UAE, and South and West Asia. The platform supports the Indian rupee (INR) as its fiat currency. KoinBX provides access to spot trading of over 200 cryptocurrencies. It is known for its deep liquidity, a unified trading fee structure, and a user-friendly and secure interface for managing digital assets. KoinBX has a native token, KBX, which is accrued to users for trading other cryptocurrencies.
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- User-friendly interface suitable for novice and experienced traders;
- Wide range of cryptocurrencies and support for INR;
- Welcome bonuses and trading contests;
- Competitive trading and withdrawal fees.
- No support for futures trading;
- No demo mode.
TU Expert Verdict
Chief Analytics Officer
KoinBX provides access to trading over 200 cryptocurrencies with a focus on spot transactions, serving both individual and corporate accounts through a web-based and mobile platform. The exchange is registered with the Financial Intelligence Unit of India and supports trading pairs with INR, offering a unified fee structure and mandatory KYC for all users. Its user interface is designed for both novice and experienced traders, and the platform incentivizes activity through welcome bonuses, trading contests, and a native KBX token. Deep liquidity and transparent fee disclosures are core features, with deposit and withdrawal options covering multiple cryptocurrencies and select bank transfers within supported regions.
Notable drawbacks include the absence of futures trading, no demo mode, above-average spot trading fees, limited fiat deposit methods, and a lack of Tier-1 regulatory oversight or investor protection funds. As KoinBX does not offer advanced order types, P2P options, passive income programs, or TradingView integration, it may not be suitable for advanced or globally focused users but can appeal to retail traders seeking a straightforward crypto spot trading environment with INR support.
KoinBX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Web platform and mobile apps |
|---|---|
| 📊 Accounts: | Individual and Corporate |
| 💰 Account currency: | INR and cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service) |
| 🚀 Minimum deposit: | 0.5 USDC or 2 USDT |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: 0.25%-0.25% |
| 🔧 Instruments: | 116 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit, market, and stop |
| ⭐ Trading features: | Single fee rate for all users |
| 🎁 Contests and bonuses: | Yes |
KoinBX currently does not support futures trading. The platform focuses on spot cryptocurrency trading, allowing users to buy, sell, and swap various digital assets. Over 250 trading pairs are available.
KoinBX Key Parameters Evaluation
Regulation and Safety
With a 6.75/10 score, KoinBX demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Government-regulated
- 2FA
- No successful hacks history
- Cold wallet storage
- Not tier-1 regulated
- No facial recognition
- Not U.S regulated
KoinBX Security Factors
We also compared KoinBX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| KoinBX | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is KoinBX a regulated crypto exchange?
KoinBX is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
KoinBX is authorized or licensed in accordance with local regulations in the following regions: India.
Is verification (KYC) mandatory at KoinBX?
Yes, KYC verification is mandatory at KoinBX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is KoinBX available in the USA?
KoinBX is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
KoinBX commissions and fees
KoinBX received a 5.2/10 score for its trading fees. While KoinBX is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are KoinBX trading fees?
We analyzed KoinBX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
KoinBX trading fees vs competitors
| KoinBX | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.25 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.25 | 0.22 | 0.2 | 0.194 |
What are KoinBX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0006 BTC 0.009987 ETH |
Does KoinBX offer P2P trading?
No, KoinBX does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
KoinBX received a 2.5/10 rating for its deposit and withdrawal services. KoinBX offers limited funding options and may charge fees, which could be inconvenient for many users.
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- No P2P transfer option
- No Google Pay option
Deposit and withdrawal options
KoinBX supports the following deposit and withdrawal options: Crypto.
KoinBX Deposit and withdrawal options vs competitors
| KoinBX | Kraken | Coinbase | |
| Bank transfers | No | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is KoinBX minimum deposit?
The minimum deposit at KoinBX is 2 USD/USDT or 2 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
KoinBX minimum deposit vs competitors
| KoinBX | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 2 | 10 | 10 |
| Minimum deposit, BTC | 2 | 1 | 1 |
| Minimum trade amount, USD/USDT | 1 | 1 | 2 |
Does KoinBX support fiat money?
KoinBX does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
KoinBX received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While KoinBX covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Staking not available
- Only 116 supported coins
KoinBX supported coins and markets vs competitors
We compared KoinBX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| KoinBX | Kraken | Coinbase | |
| Supported coins | 116 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
KoinBX passive income options vs competitors
We also compared KoinBX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
KoinBX received a score of 6.9/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Automated trading with bots
- Mobile indicators allowed
- Advanced tools and automation with API
- App data protection with 2FA
- No standalone desktop access
- No Face ID
- No access to Copy Trading
Trading apps
KoinBX provides web and mobile apps for both Android and iOS users, with an average rating of 3 on the App Store and 3.8 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the KoinBX platform is for mobile use.
| KoinBX | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | Yes | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | Yes | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does KoinBX offer a desktop app?
No, KoinBX does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does KoinBX offer advanced charting with TradingView integration?
No, KoinBX does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://koinbx.com/ |
|---|
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