Recently there have been confusions about the reliability of Koinex. Their twitter page is flooded with so many requests. People have started to panic as Indian Government is providing lots of statements about Cryptocurrency trading in India.

I wrote an answer in Quora about Koinex. It will have details and my experiences with Koinex. Please check it out.

https://www.quora.com/Is-Koinex-reliable-for-cryptocurrency-transactions/answer/Balasubramanian-Srinivasan?srid=OcUb