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Koinex launches digital assets exchange app

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ANI New Delhi [India]
Last Updated : Feb 14 2018 | 1:20 PM IST

Koinex, India's most advanced digital assets exchange, will now be accessible for users on their smartphones through a new app feature launched by the company. The app will be available on Android now, while the IoS version will be launched shortly.

The app version offers 'personalized price alert' which will help users to know when their crypto-currency has hit their desired price listed on the exchange. Koinex is the first exchange app to pioneer this feature, in the cryptocurrency segment in the country.

Other distinctive features include three step security verification, graphical chart representation of industry trading and an extensive log book for users to plot the current cryptocurrency valuation. The app also offers users, the feature of scanning QR code to connect to their payment wallet, which again is a unique feature, apart from the seamless interface allowing them to maneuver through multiple sections on the app.

"The smartphone adoption in the country has made it inevitable to have an app service. We have been traders ourselves, and we are working to solve the pain known to all of us, one step at a time. The platform currently is the largest digital assets exchange in the country in terms of trading volume and we want to further accentuate our user experience by allowing them to track and trade at Koinex, on the go," said co-founder, Koinex, Rahul Raj.

Adding to it, Aditya Naik and Rakesh Yadav the other two, in the co-founder trio, said, "The key challenge was to create an interface that can sustain the enormous trading volume we have on the portal. The app also has been built using our innate tech expertise and we strive to improve Koinex, build more trading tools, develop more blockchain products, and create a holistic cryptocurrency trading ecosystem."

Koinex is the first multi-currency exchange with an open-book ledger format, in the country and it began operations in August 2017. Within a short span of 5 months, the company grew to be one of the largest trading portal by volume, in the country.

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One of the key reason for their success is the cutting edge technology, proprietary trading engine, wallet and platform architectures, grade A security, user-centric UI/UX and tons of user-demanded features that makes it seamless for the users. The tremendous growth volume is indicator to the scalability and long tenure of the brand in the market. Today as per industry rankings, Koinex stands among the top 50 exchanges globally and is the only Indian exchange in the list.

Koinex aims to make India a hotbed of blockchain technology development and adoption.

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First Published: Feb 14 2018 | 1:20 PM IST

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