If you're in India and looking to buy your first Bitcoin with UPI, Koinpark might seem like a good option. It promises low fees, instant INR deposits, and a simple app. But here’s the real question: Koinpark crypto exchange is growing fast - but is it safe? After checking user reports, security scores, and trading data from 2025 to early 2026, the answer isn’t simple.
What Koinpark Actually Offers
Koinpark launched in 2023 and targets Indian users. It supports over 250 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Litecoin. The biggest draw? You can deposit and withdraw Indian Rupees (INR) using UPI, NEFT, RTGS, and IMPS - something most global exchanges still don’t offer smoothly.Minimum investment? Just ₹100. That’s perfect for beginners testing the waters. The app is clean, with basic charting powered by TradingView and a demo trading mode that lets you practice without risking real money.
Trading fees are 0.2% per trade - lower than many competitors. The most active pair is BTC/INR, which sees over $2.6 million traded daily. Liquidity for major coins is decent, especially compared to other small Indian exchanges.
Security: The Big Red Flag
This is where Koinpark falls apart.According to CoinGecko’s Trust Score (updated September 2024), Koinpark got a 0.0 out of 10 for cybersecurity. That’s the lowest possible score. The same score appears on cer.live, a platform that audits exchange security. Zero. Not 1. Not 2. Zero.
What does that mean? It means experts found no evidence of basic security practices - no proof of cold storage, no public audit reports, no clear details on how user funds are protected. Compare that to Coinbase or Kraken, which score above 9.0. Koinpark doesn’t even come close.
They claim to use a “multi-layer security system,” but they won’t show you what those layers are. No two-factor authentication (2FA) details beyond a checkbox. No withdrawal whitelisting. No insurance fund. No transparency.
And here’s the scary part: India has a history of exchange hacks. CoinSecure lost $13.5 million in 2018. If Koinpark’s security is this weak, it’s only a matter of time before someone exploits it.
Customer Support: A Nightmare for Users
The app store reviews tell a different story than the marketing page.Dozens of users report being stuck for days with blocked withdrawals. One user from April 2025 said: “The worst app ever made.” They tried to contact support and got hung up after 45 minutes. Another user in May 2025 wrote: “My funds blocked for three days. No response.”
The developer responded to one complaint saying they resolved it “within 20 hours due to high request volumes.” That’s not reassuring - it’s an admission they’re overwhelmed and under-resourced.
App crashes when you try to open the support chat. Delays in KYC verification. Withdrawals that take longer than promised. These aren’t minor bugs. They’re signs of a platform that’s growing too fast without the infrastructure to handle it.
What’s Missing? A Lot.
Koinpark isn’t just basic - it’s missing features that even small exchanges now offer:- No margin trading
- No futures or options
- No staking rewards
- No API for advanced traders
- No portfolio tracking beyond basic balances
It’s a simple buy-and-sell app. If you’re just dipping your toes in, that’s fine. But if you want to grow your crypto portfolio beyond small purchases, Koinpark won’t help you.
They also lack educational resources. Their blog has one article on Crypto SIPs (systematic investment plans). That’s it. No glossary, no guides on how to read charts, no videos on cold wallets. You’re on your own.
Who Is Koinpark Actually For?
Koinpark isn’t for everyone. It’s built for one specific group: Indian retail investors who want to buy crypto with UPI, don’t need advanced tools, and aren’t worried about security.That’s a real market. Over 43% of Indians aged 18-34 own cryptocurrency. Many are young, new, and want to start small. Koinpark makes that easy.
But if you’re serious about crypto - even a little - Koinpark is risky. You’re trusting your money to a platform with no security proof, shaky support, and no roadmap for improvement.
How Does It Compare to Other Indian Exchanges?
Here’s how Koinpark stacks up against top Indian alternatives:| Feature | Koinpark | CoinDCX | WazirX | Binance India |
|---|---|---|---|---|
| INR Deposits (UPI/NEFT) | Yes | Yes | Yes | Yes |
| Trading Pairs | 247 | 180+ | 200+ | 350+ |
| Trading Fees | 0.2% | 0.1-0.2% | 0.2% | 0.1% |
| Margin Trading | No | Yes | Yes | Yes |
| Security Score (CoinGecko) | 0.0 | 7.8 | 8.1 | 9.2 |
| Customer Support Response | Slow, inconsistent | Fast, 24/7 | Good, chat-based | Excellent |
| Staking Available | No | Yes | Yes | Yes |
Look at the security scores. Koinpark isn’t just behind - it’s in a different league. CoinDCX and WazirX have proven track records. Binance, despite past regulatory issues, still leads in features and safety.
The Bottom Line: Should You Use Koinpark?
If you’re a beginner with ₹500 to invest, and you want to buy Bitcoin with UPI this week - Koinpark works. It’s fast. It’s simple. The interface is clean.But if you plan to hold crypto for more than a few months? Don’t keep your coins on Koinpark. Withdraw them to a hardware wallet or a trusted non-custodial wallet like Trust Wallet or Ledger.
Use Koinpark like a cash register - not a bank. Buy your crypto here. Then move it out. Never leave large amounts on any exchange, especially one with a 0.0 security score.
For anyone serious about crypto, there are better options in India. CoinDCX and WazirX offer the same INR access, stronger security, and more tools - without the risk of vanishing funds or silent customer support.
Koinpark might be convenient. But convenience shouldn’t be your only filter. Security, reliability, and transparency matter more than low fees when your money is on the line.
Frequently Asked Questions
Is Koinpark safe to use in 2026?
No, Koinpark is not considered safe for storing crypto. Its cybersecurity score is 0.0 on CoinGecko, meaning experts found no evidence of proper security measures like cold storage or audits. While you can use it to buy crypto with UPI, never keep funds there long-term. Withdraw to a personal wallet immediately after purchase.
Can I withdraw INR from Koinpark easily?
Technically, yes - Koinpark supports UPI, NEFT, and IMPS withdrawals. But many users report delays of 3-5 days or longer, with no response from support. Withdrawals are inconsistent. If you need quick access to your INR, this is a major risk.
Does Koinpark offer margin trading or futures?
No. Koinpark only offers spot trading. You can buy and sell crypto directly with INR or other coins, but you cannot borrow funds to trade on leverage, nor can you trade futures or options. This makes it unsuitable for anyone looking to do advanced trading.
What cryptocurrencies does Koinpark support?
Koinpark supports over 250 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, Solana, Cardano, and Litecoin. However, liquidity is low for most altcoins. Only BTC/INR and ETH/INR have reliable trading volume. Don’t expect to trade lesser-known tokens quickly or at fair prices.
Is Koinpark regulated in India?
Koinpark claims compliance with India’s Financial Intelligence Unit (FIU) regulations, which require KYC and reporting of transactions. It is registered in India and follows the 1% TDS rule on crypto trades. However, being registered doesn’t mean it’s safe or trustworthy - many unregulated platforms also claim compliance. Always verify security independently.
What’s the minimum amount to start trading on Koinpark?
You can start with as little as ₹100. This makes it one of the most accessible platforms for beginners in India. However, the low entry barrier also attracts inexperienced users who may not understand the risks involved - especially given the platform’s security weaknesses.
Does Koinpark have a desktop app or web version?
Koinpark only has a mobile app, available on iOS and Android. There is no official desktop website or web-based trading interface. This limits usability for users who prefer larger screens or more advanced charting tools. The app also crashes frequently when accessing support or during high traffic.
What to Do Next
If you’ve already signed up on Koinpark: Withdraw any crypto you’ve bought to a wallet you control. Use Trust Wallet, Exodus, or a hardware wallet like Ledger. Don’t wait until something goes wrong.If you’re thinking of joining: Try CoinDCX or WazirX instead. They offer the same UPI access, better security, and reliable support. You won’t sacrifice convenience - you’ll gain peace of mind.
Koinpark fills a niche, but that niche is dangerous. In crypto, speed and simplicity aren’t enough. You need trust - and Koinpark hasn’t earned it yet.