Koinpark Crypto Exchange Review: Is It Safe for Indian Investors in 2026?

If you're an Indian investor looking to buy Bitcoin or Ethereum with rupees, you've probably heard of Koinpark. It promises easy INR deposits, low fees, and a simple app for beginners. But is it actually safe? And does it work better than Binance or CoinDCX? Let’s cut through the marketing and look at what Koinpark really offers in 2026.

What Koinpark Actually Does

Koinpark is a centralized crypto exchange founded in 2023, registered in India, and built almost entirely around the Indian market. Unlike global giants like Binance or Coinbase, Koinpark doesn’t try to be everything to everyone. It focuses on one thing: letting Indians buy and sell crypto using UPI, NEFT, or IMPS. That’s its whole reason for existing.

It supports over 150 cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Solana. The most popular trading pair is BTC/INR, which sees over $2.6 million in daily volume. That’s not huge compared to Binance’s $10 billion, but for a niche player, it’s solid. The platform charges a flat 0.2% trading fee - lower than many Indian exchanges - and lets you start with just INR 100. That’s perfect if you’re new and don’t want to risk thousands right away.

It also offers a demo trading mode, which is rare for smaller exchanges. You can practice with fake money before putting real cash in. That’s a smart move for beginners who’ve been burned by confusing interfaces.

The Good: Why Some People Like It

The biggest win for Koinpark is how smoothly it connects to India’s payment system. UPI deposits and withdrawals happen in seconds. No waiting 2-3 days like on some international platforms. If you’ve tried to deposit INR on Kraken or Binance, you know how frustrating it can be. Koinpark fixes that.

Its mobile app (available on iOS) is clean and simple. No cluttered charts, no confusing tabs. If you just want to buy a little Bitcoin every week, it’s one of the easiest apps to use. The demo feature helps you learn without risk. And the fact that they comply with India’s FIU regulations adds a layer of legitimacy.

For small, regular investors - think students, salaried workers, or anyone saving INR 500-2000 per month - Koinpark’s low minimum and simple design make sense. It’s not built for day traders. It’s built for people who want to sip crypto, not gulp it.

The Bad: What’s Missing

Here’s where Koinpark falls apart.

First, security. According to CoinGecko’s cybersecurity score (based on data from cer.live), Koinpark has a 0.0 out of 10. That’s not a typo. Zero. No encryption audits, no proof of reserves, no public security history. Compare that to Coinbase (9.5/10) or Kraken (9/10). If you’re storing more than a few thousand rupees here, you’re taking a big risk.

Second, no margin trading. Not even 2x leverage. If you want to go long on Ethereum or short Bitcoin, you can’t. That rules out serious traders. Koinpark isn’t built for advanced users.

Third, liquidity is thin outside of BTC/INR and ETH/INR. Try trading a lesser-known coin like APT or SOL - you’ll find wide spreads and slow fills. That means you pay more in hidden costs.

And then there’s the customer service. Multiple App Store reviews from April and May 2025 describe being stuck on hold for over 45 minutes, only to have the call dropped. Others say their funds were blocked for days with no reply. One user wrote: “My fund block for three day no response at all.” The app crashes when you try to contact support. That’s not a glitch - that’s a red flag.

The developer responded to one review saying they resolved the issue “within 20 hours due to high request volumes.” But if you’re locked out of your money for even 20 hours, that’s still unacceptable. And what if it takes longer?

How It Compares to the Competition

Comparison: Koinpark vs. Top Indian Crypto Exchanges

Feature	Koinpark	CoinDCX	WazirX	Binance India
Supported Cryptocurrencies	151	300+	250+	350+
INR Deposit Methods	UPI, NEFT, IMPS, RTGS	UPI, Bank Transfer	UPI, Bank Transfer	UPI, Bank Transfer
Trading Fee	0.2%	0.1%-0.2%	0.2%	0.1%
Margin Trading	No	Yes (up to 5x)	Yes (up to 10x)	Yes (up to 125x)
Security Score (CoinGecko)	0.0	8.2	8.5	9.3
Trust Score	5/10	8.5/10	8.7/10	9.5/10
Minimum Investment	INR 100	INR 100	INR 100	INR 100
Demo Trading	Yes	No	No	Yes

Koinpark beats the competition on simplicity and low entry cost. But it loses badly on security, features, and reliability. CoinDCX and WazirX offer better tools, stronger security, and more responsive support. Binance, despite its past regulatory hurdles, still has the deepest liquidity and best infrastructure.

Who Should Use Koinpark?

Koinpark isn’t for everyone. It’s only worth considering if:

• You’re new to crypto and want to start with under INR 500
• You only want to buy Bitcoin or Ethereum, not trade altcoins
• You prioritize UPI speed over advanced features
• You’re okay with a platform that has zero public security audits

If you’re planning to hold crypto long-term, Koinpark’s security flaws make it a risky choice. If you want to trade, learn chart patterns, or use leverage - skip it. If you’re just dipping your toes in, and you don’t mind the risk - it’s an option.

What’s Next for Koinpark?

Koinpark’s future depends on three things: fixing security, improving customer service, and adding features.

Right now, it’s operating on trust alone. No third-party audits. No transparency reports. No history of handling hacks. That’s dangerous in crypto. One major breach could wipe out users’ funds - and there’s no insurance.

Its only advantage is its deep integration with India’s payment system. But that’s not enough. CoinDCX and WazirX already offer UPI, better security, and more coins. If Koinpark doesn’t upgrade soon, it’ll fade into irrelevance.

The fact that they launched a “Crypto SIP” feature in early 2025 - a systematic investment plan for regular buyers - shows they’re trying to adapt. But without trust, even the best features won’t matter.

Final Verdict

Koinpark isn’t a scam. It’s real. It works. You can deposit INR, buy Bitcoin, and withdraw cash. But it’s a high-risk option for a low-risk use case.

If you’re a beginner with INR 100-2000 to spare, and you’re okay with a platform that’s barely audited and has terrible support - go ahead. Use it. Learn. Then move your funds to a more secure exchange.

If you’re serious about crypto - even a little - pick CoinDCX or WazirX. They’re cheaper, safer, and actually care about keeping your money secure.

Koinpark feels like a prototype. A decent one. But a prototype nonetheless. In 2026, you deserve better.