CoinDCX vs Mudrex
A side-by-side of the facts only: FIU-IND status, fees and INR rails, taken from each exchange's official pages and the government's March 2026 list. Last checked 2026-10-21. Where something is not published or we could not verify it, we say so. Not a recommendation; BtcMedia has no affiliate relationship with either exchange. Fees exclude 18% GST unless stated.
| CoinDCX | Mudrex | |
|---|---|---|
| Legal entity | Neblio Technologies Pvt Ltd | RPFAS Technologies Pvt Ltd |
| FIU-IND registered (Mar 2026 list) | Yes (Annexure I, S.N. 1) | Yes (Annexure I, S.N. 11) |
| Base spot fee | Not verified | 0.45% |
| Spot fee details | Not verified. CoinDCX says spot fees depend on VIP level, but its official fee page (coindcx.com/fees) blocked our automated checks, so we do not quote a rate. | INR spot: 0.45% (non-Alpha), falling to 0.12% above ₹50 crore 30-day volume. A single rate; no maker/taker split published. GST 18% extra. |
| INR deposits | UPI (in app) and bank transfer (IMPS/NEFT/RTGS). INR deposit fee: ₹0. | UPI and IMPS. INR deposit fee: 0%. |
| INR withdrawal fee | Not published | ₹0 |
| INR withdrawals | To your registered bank account, minimum ₹100. Withdrawal fee: not published on the support page we checked. | INR withdrawal fee: 0%. Crypto withdrawal: 2% (minimum $0.5), inclusive of GST. |
| Notable incidents | 19 July 2025: about $44 million was taken from an internal operational account used for liquidity on a partner exchange. CoinDCX said customer funds were not affected and it would absorb the loss. | None found in our check. |
FAQ
Which has lower trading fees, CoinDCX or Mudrex?
On the official pages we checked on 2026-10-21, the base spot fee was Not verified on CoinDCX and 0.45% on Mudrex (where marked "Not verified", we could not confirm the rate from the official page, so no comparison is made). GST at 18% is added to fees. Higher tiers and plans can change this.
Are CoinDCX and Mudrex registered with FIU-IND?
CoinDCX: Yes (Annexure I, S.N. 1) Mudrex: Yes (Annexure I, S.N. 11) Registration makes a platform a reporting entity under PMLA; it is not a licence or a safety guarantee.
What does it cost to withdraw INR from CoinDCX and Mudrex?
CoinDCX: Not published. Mudrex: ₹0. Details: CoinDCX — To your registered bank account, minimum ₹100. Withdrawal fee: not published on the support page we checked. Mudrex — INR withdrawal fee: 0%. Crypto withdrawal: 2% (minimum $0.5), inclusive of GST.
Sources
- CoinDCX: Spot fee help article
- CoinDCX: INR deposit fee
- CoinDCX: INR withdrawal
- CoinDCX: Security incident update
- Mudrex: Official fee page
- Lok Sabha USQ 5805 (30 Mar 2026), Annexure I/II
Tax on any exchange: 1% TDS on sales and 30% + 4% cess on gains — estimate yours. Full table of 9 exchanges: Crypto exchanges in India compared.
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- Published from official fee pages and the Lok Sabha USQ 5805 list (checked 2026-10-21).