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ethexIndia

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About ethexIndia

Overview

It offers real-time trading for ETH/INR, allowing users to buy and sell Ether for INR with a tight spread. ETHEXIndia is marketed as India’s first ether exchange offering real time trading between Ether and Indian rupees (INR). In fact, this entry-level service offers only that and is available solely to local investors. It does not offer other cryptocurrencies, not even Bitcoin.

Currency and Fees

The only fiat currency ETHEXIndia accepts is Indian rupees. Unsurprisingly, this makes it attractive for local crypto traders, and especially for newcomers in the crypto verse, who can directly deposit or withdraw their money through a bank account registered with ETHEXIndia. ETHEXIndia says it does not charge deposit to and withdrawals from the exchange, which is definitely an advantage. Nonetheless, the banks involved in this process definitely will impose some fees.

Wallet Service

This exchange offers a wallet service, which is definitely a convenient option. Charges annual wallet maintenance fees (0.1 ETH per year).

Key data

data refreshed every 10 minutes
Trading pairs1
Founded2016-02-04T00:00:00.000000Z

EthexIndia is a centralized cryptocurrency exchange (CEX) founded in 2016, built around Ethereum trading for the Indian market. It showed up during the first wave of local crypto platforms, back when ETH was still a fresh face for most traders in the region. Here you'll find the essentials: what kind of exchange it is, where it came from, and what's worth weighing before you use it.

Frequently asked questions

What is EthexIndia?

EthexIndia is a centralized cryptocurrency exchange launched in 2016 with a focus on Ethereum for users in India. It was part of the early generation of local platforms that introduced crypto trading to the regional market.

Is EthexIndia centralized or decentralized?

It is a centralized exchange (CEX). Trades are matched through the platform's own order book, and the exchange itself holds custody of user funds, typically after identity verification. That's the opposite of a decentralized exchange (DEX), where you stay in control of your own wallet.

When was EthexIndia founded?

The exchange was founded on February 4, 2016. That puts it among the earlier Ethereum-focused platforms to come out of India, well before the country's broader crypto boom took off.

What should users pay attention to?

Since the platform has been around for years, verify its current operational status, fee schedule, and withdrawal terms before depositing any funds. Also factor in India's evolving crypto regulations and always check an exchange's security practices — older, low-profile platforms deserve extra due diligence.

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