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.
INR Transactions Update: Deposits & Withdrawals will be enabled today! Important points: - 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.