Koinex is an Indian multi-coin cryptocurrency exchange that helps individuals to buy and sell bitcoin, ethereum, ripple, bitcoin cash, and litecoin. A few trades happen on this exchange as compared to other Indian cryptocurrency exchanges. However, its website’s interface is very user-friendly and anyone with basic computer knowledge can use this website. Unlike other cryptocurrency exchanges like Zebpay, Unocoin, LocalBitcoins.com etc; in which you’ve to transfer funds to their bank accounts, this exchange gives a personal unique bank account number to its account holders to deposit and withdraw money. This way you don’t need to provide them reference id like you provide in other cryptocurrency exchanges. To add money to Koinex wallet, all you need to do is just transfer money to your Koinex bank account (that belongs to Kodak Mahindra Bank) and money will be added to your Koinex wallet within 3-4 hours.
In this tutorial I’m going to show you how to add money to Koinex wallet through NEFT/IMPS/RTGS. You can transfer money to Koinex wallet through internet banking or mobile banking service. Let me show you how to deposit money to Koinex wallet.
How to Add Money to Koinex Wallet
Login to your Koinex wallet account and then from the navigation menu, click on Balances.
Now scroll down and see your INR Wallet details.
Under INR WALLET section you can see your unique account number in which you’ve to deposit money. You can also see other details like bank name, beneficiary name, IFSC code, and account type. Simply jot down all the details.
Now login to you internet banking or mobile banking service. Here I’m going to show you how to send money to Koinex wallet from SBI bank account using internet banking service. If your account belongs to some other bank then trasnfer fund to your Koinex account using net or mobile banking service.
In the above screenshot, from my SBI online banking account I’ve added Rs. 20,000 in amount field. Now to transfer amount to Koinex I’ve enter Koinex account number. Subsequently, I need to click on Submit. Note: You can read this article how to transfer fund from SBI bank to other.
After clicking on the button, on the next page, verify your details and hit confirm button.
Next you will receive an OTP on your registered mobile number that you will need to enter in the given field to confirm your payment. Simply enter the OTP and hit Submit button.
That’s it. You’ve successfully transferred funds to Koinex account. Now after 3-4 hours (sometimes may take 24 hours) amount will be credited to your Koinex wallet then you can buy ethereum, bitcoin, bitcoin cash, ripple, and litecoin.
Disclaimer: This post is only for information purpose. We’re not associate of this exchange and we don’t endorse it too.