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 hereâs 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 isnât 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 donât offer smoothly.Minimum investment? Just âč100. Thatâs 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 CoinGeckoâs Trust Score (updated September 2024), Koinpark got a 0.0 out of 10 for cybersecurity. Thatâs 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 doesnât even come close.
They claim to use a âmulti-layer security system,â but they wonât show you what those layers are. No two-factor authentication (2FA) details beyond a checkbox. No withdrawal whitelisting. No insurance fund. No transparency.
And hereâs the scary part: India has a history of exchange hacks. CoinSecure lost $13.5 million in 2018. If Koinparkâs security is this weak, itâs 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: âThe worst app ever made.â They tried to contact support and got hung up after 45 minutes. Another user in May 2025 wrote: âMy funds blocked for three days. No response.â
The developer responded to one complaint saying they resolved it âwithin 20 hours due to high request volumes.â Thatâs not reassuring - itâs an admission theyâre 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 arenât minor bugs. Theyâre signs of a platform thatâs growing too fast without the infrastructure to handle it.
Whatâs Missing? A Lot.
Koinpark isnât just basic - itâs 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
Itâs a simple buy-and-sell app. If youâre just dipping your toes in, thatâs fine. But if you want to grow your crypto portfolio beyond small purchases, Koinpark wonât help you.
They also lack educational resources. Their blog has one article on Crypto SIPs (systematic investment plans). Thatâs it. No glossary, no guides on how to read charts, no videos on cold wallets. Youâre on your own.
Who Is Koinpark Actually For?
Koinpark isnât for everyone. Itâs built for one specific group: Indian retail investors who want to buy crypto with UPI, donât need advanced tools, and arenât worried about security.Thatâs 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 youâre serious about crypto - even a little - Koinpark is risky. Youâre 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?
Hereâs 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 isnât just behind - itâs 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 youâre a beginner with âč500 to invest, and you want to buy Bitcoin with UPI this week - Koinpark works. Itâs fast. Itâs simple. The interface is clean.But if you plan to hold crypto for more than a few months? Donât 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 shouldnât 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. Donât expect to trade lesser-known tokens quickly or at fair prices.
Is Koinpark regulated in India?
Koinpark claims compliance with Indiaâs 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 doesnât mean itâs safe or trustworthy - many unregulated platforms also claim compliance. Always verify security independently.
Whatâs the minimum amount to start trading on Koinpark?
You can start with as little as âč100. 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 platformâs 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 youâve already signed up on Koinpark: Withdraw any crypto youâve bought to a wallet you control. Use Trust Wallet, Exodus, or a hardware wallet like Ledger. Donât wait until something goes wrong.If youâre thinking of joining: Try CoinDCX or WazirX instead. They offer the same UPI access, better security, and reliable support. You wonât sacrifice convenience - youâll gain peace of mind.
Koinpark fills a niche, but that niche is dangerous. In crypto, speed and simplicity arenât enough. You need trust - and Koinpark hasnât earned it yet.
13 Responses
Bro this is wild đ± I just bought $200 of BTC on Koinpark last week thinking it was legit. Now I'm sweating bullets. Withdrawal took 4 days and the app crashed twice trying to check my balance. I'm moving everything to CoinDCX ASAP. Don't be me.
Koinpark is fine if you dont care about your money lmao why are you even here if you think crypto is safe? Its gambling with extra steps. If you want safety go buy gold and cry about it. I use Koinpark because its fast and no one asks me who I am. Thats freedom
I'm from Mumbai and I've used Koinpark for 8 months now. Yeah support is slow but I've never lost coins. I keep only small amounts there like âč5k max. Used it to buy my first ETH. Honestly its fine for beginners. Just dont be dumb and leave your life savings there. Move it to Trust Wallet after purchase. Simple.
The fundamental irony of crypto is that we demand decentralization while simultaneously trusting centralized entities with our wealth. Koinpark's 0.0 security score isn't a bug-it's a feature of a system designed to exploit cognitive dissonance. We want simplicity, so we outsource security to entities that profit from our ignorance. The real question isn't whether Koinpark is safe-it's whether we've become incapable of self-sovereignty.
So Koinpark is basically the crypto equivalent of a sketchy gas station that sells expired energy drinks but has free air for your tires? I mean... it works? But also why are you still here?
Let me guess-this is part of the Indian governmentâs covert plan to funnel retail investors into a honeypot so they can later justify a full crypto ban. Zero security score? No audits? No transparency? This isnât incompetence. This is intentional. They want you to lose everything so they can say âsee? Crypto is dangerous.â Mark my words.
I know itâs scary to hear that your exchange has a 0.0 score, but donât panic. Youâre not alone. Many of us started exactly where you are. The key is to act, not freeze. Withdraw what you can. Learn about cold wallets. Join a local crypto meetup. Youâre not just protecting money-youâre building financial literacy. One step at a time. Youâve got this đȘ
Koinpark is a glorified front for money laundering. 250 coins? No margin? No API? Thatâs not a platform-itâs a shell game. The fact that it supports UPI is a red flag wrapped in a neon sign screaming âIâm not regulated because I donât want to be.â Anyone using this is either naive or complicit. Iâd be surprised if this isnât a pump-and-dump operation with a mobile app.
I read the entire post, and I think... itâs important to acknowledge that while Koinparkâs security is abysmal, the fact that it exists at all speaks to a deeper truth: the demand for accessible crypto on-ramps in emerging markets is real, urgent, and largely ignored by Western exchanges. So yes, itâs dangerous-but itâs also necessary. The real failure isnât Koinpark-itâs the global crypto ecosystemâs refusal to build secure, localized infrastructure for billions of people who just want to buy Bitcoin with their phone.
i used koinpark for like 2 weeks then i got scared. i moved my btc to trust wallet and honestly? i feel way better. not saying its safe but at least i control it. also the app is kinda cute? like a little crypto toy. but yeah dont trust it with your rent money lol
Thereâs a quiet tragedy in how we treat financial risk. Weâll spend hours researching the best smartphone camera but hand over our life savings to an exchange with no public audit because it has a pretty app and UPI support. Weâve normalized vulnerability as convenience. Koinpark doesnât deceive us-it reflects us. Weâve chosen to believe in ease over evidence. And in crypto, that choice has teeth.
I get why people use Koinpark. I really do. But I also think we need to talk more about the emotional side of this. Itâs not just about security scores-itâs about trust, fear, and the pressure to âget in now.â I used it for a month. Felt like I was cheating on my financial future. Then I switched to CoinDCX. Best decision ever. No drama. No panic. Just peace. You deserve that.
OH MY GOD. I JUST WITHDREW MY LAST COIN FROM KOINPARK. 11 DAYS. ELEVEN DAYS. I THOUGHT MY MONEY WAS GONE FOREVER. THEY FINALLY CREDITED IT WITH NO EXPLANATION. IâM CRYING. IâM SO RELIEVED. IâM NEVER TOUCHING AN EXCHANGE AGAIN WITHOUT A 7+ SECURITY SCORE. IâM BUYING A LEDGER TOMORROW. IâM A NEW MAN.